Tying up the legal loose ends of mergers and acquisitions

Business owners should prepare for the legal due diligence process and identify any potential issues or challenges as early as possible.
When it comes to selling a business, the legal aspects can be every bit as important as the underlying financial fundamentals. Like any transfer of ownership, the vendor needs to ensure there are no legal impediments to the sale and that there are no potential surprises likely to arise during the process.
According to Diarmaid Gavin, a partner with law firm RDJ, business owners should prepare for the legal due diligence process and identify any potential issues or challenges as early as possible.