Due Diligence After COVID-19
Due diligence is likely to look a little bit different after COVID-19. You can expect investors and buyers to be very carefulo to conduct adequate due diligence to avoid taking on unexpected risk. With COVID-19, business travel has been substantially curtailed. Some of that limitation is likely to continue well into the future. Fortunately, a great deal of due diligence is now usually conducted through so-called “Virtual Data Rooms” (that provide buyers and their advisors with controlled access to company documents in a secure cloud environment. A virtual data room is now an absolute necessity. With less travel and a … Read more