Due Diligence

Brief Intro:

Due diligence refers to the amount of judgement, care, and activity under a particular circumstance. In business law, due diligence is the process of conducting an intensive investigation of a business impending a specific event or decision such as mergers and acquisitions.

 

Detailed Description:

In a basic business situation, due diligence is applied in

  1. Transactions involving the sale and purchase of products or services

  2. Transactions involving mergers, acquisitions, and partnerships of entities.

 

Due diligence is far more intensive than simply collecting and reviewing statements and tax returns. It involves a meticulous review of every asset, obligation, liability, right and relationship of the business that is in question.

At JLG, we will help you:

  • Assess the value of your acquisition

  • Weigh liabilities and assets

  • Pore over financial records

  • Study extant contacts and disputes that may cause risks

  • Identify potential closing problems

  • Possible conflicts of interest

 

Under our watch, firms in biotech, hospitality, and investment have undergone successful acquisitions and mergers. Our attorneys have a sophisticated understanding of different industries to provide verification of a business’ trustworthiness and avoid violating regulations. 

 

To learn more about how we can assist with your due diligence process or business, you can schedule a free consultation online or call 347-897-6199 to make an appointment.

Jason Jia

Managing Partner

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Thomas Kung

Partner

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