Due Diligence for Business Transactions in Conroe, TX
Business Attorney in Conroe
What is the legal concept of due diligence? Due diligence may be a legal obligation, but more often it refers to the optional process of investigation of the other party, such as when two or more businesses intend to merge or acquire some portions of their business or begin a financial transaction. All parties must take the time to conduct adequate research before finalizing any business or real estate transaction.
When conducting due diligence, each party may share confidential information with each other. In many business and real estate transactions, the first step is to issue and sign a letter of intent will contain the terms of due diligence. Because due diligence involves exchanging confidential information, the letter of intent must include confidentiality provisions. Alternatively, the parties can agree to a separate confidentiality agreement or non-disclosure agreement (NDA).
Due diligence is necessary for the following reasons:
- Offers better understanding of your business
- Evaluates the overall worth of the business or target business
- Assists with drafting all of the necessary and relevant documentation
- Locates any issues that may hinder closing transactions
- All parties have a chance to weigh in on legal opinions
At Dossey & Jones, PLLC, our business lawyers serve Conroe, Texas, handling many investigations concerning due diligence. We have a wealth of experience in reviewing contracts and possible liabilities of the target company. Our expertise regarding a wide breadth of experience to make sure that your legal rights are protected in their documents.
Contact Us Today!
We pride ourselves on providing tailor-made solutions and attentive legal counsel to our clients. We go above and beyond to help you attain your goals. We have some of the top attorneys in the field of business law, offering client-focused service.
To learn more about your legal rights, please contact us today to request a consultation.
"Pleasant individual and attentive"Esteban did a great job preparing our wills and estate planning documents. Very pleasant individual and attentive to our needs. We will use them again!- Kenneth C
"Outstanding"Paige is outstanding. She walked me and my wife through our estate which could be a very complicated process. We are very happy that we found her and look forward to continuing to work with her.- Mazen N
"Wonderful to work with"Paige Jones was wonderful to work with she walk us through every process so we fully understood our documents. I highly recommend Paige and the Dossey & Jones, PLLC firm.- Kathy O
"Very friendly and professional"Great experience - Phillip Black was very friendly and professional and answered all my questions! Would highly recommend him and this law office!- Betty N