Foley hosted a breakfast seminar examining pre-transaction due diligence for emerging technology companies. Early-stage technology companies often have limited resources. Nevertheless, appropriate pre-transactional due diligence does not have to be expensive, and attention to key issues actually can enhance the valuation of a company prior to raising money or improve the perception of the company as a suitable business partner or acquisition target. In contrast, failure to identify and solve problems can have a negative impact on proposed transactions.
Key areas for self-investigation include:
- Diligently assessing company business practices, including management of existing intellectual property assets and creation of new assets that can enhance a company’s value
- Evaluating compliance with environmental, health, and safety regulations
- Reviewing employment-related issues to ensure that you are in compliance with applicable federal and state employment laws, including WARN, FLSA, ADEA, and Title VII
Foley Intellectual Property Partner John M. Garvey, Litigation Of Counsel Ellen C. Kearns, Business Law Partner Edouard C. LeFevre, and Litigation Partner Michael R. Pontrelli led this panel discussion on cost-effective ways to prepare your company for future success.
“Pre-Transaction Due Diligence for Emerging Technology Companies” is part of Foley’s 2007 Boston Executive Briefings Series.