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The corporate record information checklist item also will determine company state qualifications and list of jurisdictions including office locations, company inventory and equipment. The checklist item also includes a schedule of owned real property, material suppliers and other third party service providers; and a schedule of property, liability and current and pending workerâs comp insurance policies including policy limits, deductibles and retroactive premium adjustments; and copies of all insurance policies and contracts (Astute Diligence, 2008)...
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This checklist item is important to assessing the rationale for the acquisition, investment and may impact planning the integration of the business investment.
Business, Operational Information
The second legal due diligence checklist item is business, operational information which will include a description of the Newco product lines and individual products and services provided, and a listing of the main customer base for Newco...
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