A legal diligence audit is a recommended, and sometimes essential, tool in the event of a planned acquisition, merger or transformation of a company. It is also necessary in the event of a change in shareholding structure, significant changes or business expansions.
It allows to achieve transparent insight into the company’s activities, management actions, as well as to assess the profitability of the actions taken and contracts concluded. This is often crucial for effective negotiations with contractors, but also with shareholders.
The scope of the legal due diligence report depends on the specific nature, structure, and size of the company. As a rule, the audit can be conducted comprehensively or in selected areas – according to the mandate, e.g., only in terms of analysing business contracts or regulations and employment contracts.
As part of legal due diligence support, GLC specialists perform a detailed and multifaceted assessment of the company’s situation, focusing primarily on: