In my first day in the M&A class, my teacher, Professor Rodrigo Olivares Caminal, asked the class a simple question – what is the difference between an acquisition and a takeover? More than 20 students attempted to answer this question without success. This is a simple but yet very fundamental question that goes to the […]
An M&A activity/transaction should be intentional. As obvious as this statement seems (simplistically, no one makes a buy or sell decision without ‘intending’ to do so), its importance to both sides of an M&A deal cannot be overemphasized. The Webster’s dictionary defines ‘intentional’ as an adjective that means something is ‘done purposely’. To be done […]
Imagine that you are a car enthusiast, and you take interest in reading about the German brand of cars – Mercedes, BMW and Volks Wagen. When you want to purchase your next car, your choice of which car to buy will very likely have been narrowed down to any 2 or 3 of the cars […]
Nature and Benefits of Letters of Intent A letter of intent (LOI) is a preliminary document usually prepared by a purchaser, in which the intention of the parties and the proposed course of action towards the negotiation and completion of a deal is captured and jointly executed. It may also be called a ‘Heads […]
Selling a business (asset or company) should not be difficult. All a seller is ordinarily required to do is to deliver the business in exchange for payment. But this is not really the case for a seller in a Merger & Acquisition (M&A) transaction. The M&A sale process is complex and time-consuming, thereby requiring careful […]
When your job involves developing innovative technology, it’s easy to get so wrapped up in figuring out what you are going to do next, how you are going to do it and when you can deliver it, that you forget about why you are doing it in the first place. As a Product Manager working on InterAction® customer relationship management software, I’ve have had the opportunity to spend the last year actively listening to our clients and have learned some invaluable lessons along the way.
According to Altman Weil’s 2018 Chief Legal Officer Survey, corporate legal departments are spending more on internal expenditures than on outside counsel for the first time in the history of this survey, with 48% allocated to in-house spend, 45% to outside counsel, and 6% to other non-law firm vendors.
What is personal data? Personal data, or personal identifiable information, refers to data that can be used to identify a person. The EU General Data Protection Regulation (GDPR) defined personal data as “any information relating to an identified or identifiable individual”, and went on to define an identifiable person as “one who can be identified, […]
In conclusion, the bottom line for an attorney in not giving out free legal advice is that if something goes wrong regarding the advice given or forms filled out there can be a malpractice suit. If there has been no fee received the attorney will have no way to settle the suit without putting him or herself in a monetary bind. Read and learn from free legal information; pay for legal advice when you are ready to proceed with your case.
According to Altman Weil’s 2018 Chief Legal Officer Survey, corporate legal departments are spending more on internal expenditures than on outside counsel for the first time in the history of this survey, with 48% allocated to in-house spend, 45% to outside counsel, and 6% to other non-law firm vendors.