This resource is continually monitored and revised for any necessary changes due to legal, market, or practice developments. Any significant developments affecting this resource will be described below.
Due Diligence Toolkit
Resources to assist counsel in conducting due diligence in securities offerings and mergers and acquisitions.
Due diligence is essential to all deal making because it allows a party to make an informed decision as to whether it should enter into a transaction, and if so, on what terms. In a securities transaction, due diligence also ensures that public statements are not based on incorrect information and do not provide incomplete or misleading disclosure. If conducted effectively, due diligence is an extremely valuable tool for uncovering risks that can either serve as bargaining points for negotiating the terms of an agreement or as reasons to withdraw from the deal. Failing to recognize these risks can cause significant problems for a party, ranging from an unfavorable business transaction to liability and damages.
The scope of a due diligence investigation is driven by the type of transaction, the parties involved, and the level of risk the client is willing to assume. Counsel must know what questions to ask and steps to follow to ensure favorable results for their client.
This Due Diligence Toolkit provides several continuously maintained resources for conducting various aspects of due diligence in securities offerings and mergers and acquisitions.