Prior to acquisition of any company, a buyer is highly recommended to have legal counsels conduct legal due diligence on a target company in order to analyze the legal status of a company and examine any risks from legal viewpoint.

Normally, a target company/seller will require that a buyer and its team of its investment bankers, accountants, attorneys and other advisors sign a confidentiality agreement before a target company/seller agrees to let the due diligence starts.

Our Thai corporate lawyers can verify whether a target company is legally operating under the Thai laws or not, as well as examine and analyze all legal risks and potential liabilities of a target company. All contingent and existing liabilities of the company will be pointed out during the due diligence process. So a financial advisor can factor all liabilities/risks of the company into his valuation of the company and structure the deal in the manner that mitigates such risks. Legal due diligence also verifies the legal ownership of company’s assets.

Generally legal due diligence covers the follows: