Covering your assets

Litigation due diligence has always been an important part of the acquisition process, but it has never been more critical than it is today. In today's litigation environment, a company must be especially mindful that an acquisition target that is the apple of its eye does not contain a litigat...

Full description

Saved in:
Bibliographic Details
Published in:Directors and Boards 2002-07, Vol.26 (4), p.10
Main Authors: Goodman, Mark P, Greenblatt, Steven D
Format: Article
Language:English
Subjects:
Acquisitions & mergers
Boards of directors
Due diligence
Litigation
Products liability
Risk management
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Litigation due diligence has always been an important part of the acquisition process, but it has never been more critical than it is today. In today's litigation environment, a company must be especially mindful that an acquisition target that is the apple of its eye does not contain a litigation worm that will ruin the investment. For corporate board members, evaluating the quality of an acquisition requires not only a business analysis but comprehensive products liability due diligence. Boards reviewing a potential acquisition target should be able to answer four questions, include knowing the target's litigation history with regard to the product at issue, and knowing the target's insurance coverage.
ISSN:0364-9156