On Due Diligence, as the Issue of Legal Notion

Abstract

Due Diligence, as a kind of assessment of enterprises, is mostly used in the case of M&A transactions. Due Diligence emerged in America, but it developed in the countries of continental European law. With economic advancement, many types of Due Diligence formed, namely, legal, economic, tax, environmental, etc. The list of types of Due Diligence is inexhaustible and its formation depends on the demand of specific enterprise. The conclusion, obtained as a result of conducting of Due Diligence, conditions the fate of M&A transaction, consequently, it is important both for the buyer and the seller