Effectively manage significant vendor relationships and build processes and communication channels to incorporate areas such as Legal, Credit, Risk and Audit early in the sourcing due
diligence phase as well as during ongoing review efforts resulting in early identification of potential project issues and a better overall risk profile.
Not exact matches
The review sessions can also be the occasion to collect important information about the matter that will be useful in conducting future matters, such
as the important substantive legal issues addressed (for a searchable database) or the main fee drivers for various
phases, such
as number of depositions or areas in which due
diligence was conducted (to assist in future fee estimates and budgets).
The review team can relatively easily create a list of the main tasks that drove the fee for various
phases of the matter — for example, the number of depositions taken or expert witnesses prepared, or the number of areas where specialized due
diligence was required, such
as environmental or intellectual property.
Banga: multi-party Commercial Court action arising out of alleged vapour
phase contamination of gasoil cargo raising technical issues
as to mechanism, seaworthiness and due
diligence.
Whether the potential buyer can pay cash for the deal or finance the purchase through a third party, the sophisticated buyer will most likely want to conduct a Due
Diligence Study (otherwise known
as Phase I investigation, All Appropriate Inquiry or ASTM E 1527) and depending on the result of
Phase I, a
Phase II may be desired.
At this brokerage we find that there is a plenty of confusion by our home selling clients and our buyers
as to how they secure financing and make sure that this piece is handled properly during both the negotiation
phase and the due
diligence phase of buying (or selling) a new home.