Legal Due Diligence Attorney Serving Illinois
Protecting Your Business Interests and Expanding Your Enterprise
Due diligence is an essential part of any corporate transaction. If you intend to merge with or acquire another business entity, it’s vital that you enter the deal fully informed. You need to have a full financial profile of the target company, understand its risks and liabilities, and ensure that both the target and your proposed transaction satisfy all state and federal compliance rules.
The business law attorneys at MacDonald, Lee & Senechalle, Ltd. understand the importance of thorough, professional due diligence. We’ll ensure that you enter any transaction with eyes wide open and that you are aware of any liabilities, financial concerns, or compliance issues before you execute. We’ll work with you for every step of your transaction to ensure that the future of your business enterprise is protected. Call our Illinois business attorneys today for advice and representation in advance of your next corporate transaction.
Illinois Business Lawyers Providing Comprehensive Due Diligence Services
The business attorneys at MacDonald, Lee & Senechalle have more than a century and a half of combined legal expertise protecting the finances, reputation, and business interests of our clients. We help businesses large and small work through mergers and acquisitions, providing advice and representation from the initial discussions until the final closing.
Our attorneys will conduct a thorough analysis of your acquisition or merger target, providing a careful evaluation of relevant documents, financial information, and attendant legal considerations in tandem with you and your other professional advisors. Our thorough due diligence process will account for the following matters, among others:
- The company’s organizational structure – initial Articles of Incorporation (or similar documents), By-laws or Operating Agreement (or similar documents), foreign registrations
- Outstanding lawsuits and other liabilities
- Prior and current governmental investigations
- Relevant zoning laws and restrictions
- Required business licenses
- Local, state, and federal permits
- Tangible assets, real estate, and other property owned or leased by the company
- Current or pending contracts involving the company
- The company’s financial profile, including financial statements, public tax filings, and other information
- Tax issues
- Insurance
- Antitrust concerns
- Clearance letters
- Relevant information about partners and board members
- Employee and manager information and employee handbook and benefits
- Opinions of employees, clients, customers, and business partners
- Intellectual Property
- And much more
Due Diligence on Your Own Company
Due diligence is not reserved solely for analyzing the target of a potential acquisition. Conducting thorough diligence on your own business in advance of a deal can also be beneficial. Before you start negotiating the sale of your company, it’s important to have a complete picture of your business, your assets, your finances, and even your reputation in the industry. You’ll have a better sense of how much your business is truly worth to ensure that you do not undercut the value of your enterprise or sell your brand short. You can root out minor issues that may need to be addressed before you enter negotiations in order to maximize your sale value and avoid minor embarrassments that can delay a deal going through.
Make sure you enter into your deal with all relevant information, whether you are the buyer or the seller. Our dedicated Chicagoland business attorneys are ready to provide you with the full picture so that you can protect your business interests and maximize your profits.
Call Our Illinois Business Attorneys Today
If you are gearing up for a business transaction and plan to start negotiations, contact us. With more than 100 years of combined legal experience, our business lawyers are ready, willing and able to gather all the information you need to make informed negotiations and avoid unnecessary liability. At MacDonald, Lee & Senechalle, Ltd. , as our Client Bill of Rights and Client Service Guarantee prove, our clients are our priority.
