Legal Transactions

Virtually any company from day to day encounters with the risks that can complicate or even completely paralyze all activities. Taking into account the fact that the basic mechanism of any health business is the conclusion of transactions, it is easy to see that the critical role played by checking the purity and safety of all activities associated with them. It is especially important to remember this when entering into major transactions, such as a merger or acquisition, a major investment. Due Diligence currently under test the purity of the transaction is understood test, which resulted in the contractor receives a complete clarity with regard to all material aspects future operations, including most of the associated risks. In the modern sense of the deal will be "clean" and in the case where there are doubts about its legality and economic feasibility, but the person who ordered analysis, has received extensive information about legal and other implications of such agreements.

Therefore, it would be better not to talk about checking the "purity", but just checking on the transaction. In this regard, became popular alternative term – due diligence, which is usually denoted by a similar procedure. Moreover, when one speaks of the purity of the transaction due diligence, as an alternative formulation of the term legal due diligence or another concept – "due diligence". Today the accepted conventional division of the verification process, the purity of transactions in three stages: – commercial check – financial audit – due diligence During commercial checking basic information on the analysis of economic and political topics and just general information about the counterparty and its business. .