Depending on the type of deal gaining access to records and information can be a big point of contention.
Non-binding provisions include the due diligence process. The type of deal will affect the scope of diligence. If you’re buying only an asset you may not have to look into certain things but if you are buying stock you will need more access and will want to talk to more people and see more things and look at more records and all contracts. This is where that access can be a big point of contention particularly from a seller’s perspective if the seller doesn’t want everyone else to be in the know. In this video, our speaker discusses and provides examples on due diligence, indemnification and conditions to closing.
Runtime: 13 minutes
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