A Client Walks into a Lawyer’s Office to Discuss the Results of a Due Diligence Investigation . . .
No, this is not the beginning of another lawyer joke, but rather the start of a dramatized discussion of a typical problem often revealed during a due diligence investigation in the context of the sale of a business. The conversation between the lawyer and his client, Jack, unfolds as follows:
Date: October 22
Place: Office of Jack’s Attorney
Lawyer: Hi, Jack. Thanks for coming to the office. I know you wanted to complete the purchase of the business of ABB Internet Retailer Company to take advantage of the holiday season, so let ...