The decision to litigate is not just a legal decision. It is a financial one. Proceedings are expensive, protracted, and uncertain. The claimant who obtains judgment after months of costly litigation, only to find that the defendant has no accessible assets against which to enforce it, has spent significant resource...
Due Diligence Before Acquiring a Company
Every acquisition is, at some level, an act of trust. The acquirer trusts that the target’s accounts reflect reality, that its management team is who they say they are, that the commercial relationships underpinning the business will survive the transaction, and that there are no material liabilities sitting beneath the...