Download presentation
Presentation is loading. Please wait.
Published byApril Pierce Modified over 9 years ago
1
THE RELATIONSHIP BETWEEN LAWYER, CLIENT AND ENVIRONMENTAL CONSULTANT IN TRANSACTIONAL DUE DILIGENCE MARCH 8, 2013 presented by DOUG CLOUD, M2C2LAW PETE CAPPONI, GAIATECH
2
Each Deal is Unique But, a Few Common Denominators. Need good understanding of client’s: deadlines (set milestones, regular contact); short & long-term objectives (exit strategy). Know your client team members, other parties. Set appropriate scope. Anticipate mechanism for handling unexpected Technical,cost,schedule.
3
It’s A Team Effort Build a team with participants that respect one another and communicate well. Qualified for scope. Keep client’s objectives in mind. Flexibility; ability to react. Responsiveness.
4
Top 10 List “ A man's GOT to know his limitations.” Harry Callahan.
5
#1. Legal Consultant? Environmental consultant as legal advisor. Unauthorized practice of law. Environmental lawyer as technical advisor. Team work is everything!
6
#2. Setting Materiality Levels, Expectations “The one that should have got away.”
7
#3 thru #6 Ignoring Conflicts Re-dealing common, especially in Private Equity. Competitive market pressures on “Strategics” Maintaining Confidentiality (contacts, disclosure) Site visits and contacts Technical pressures on details (estimates, regulatory agencies) Endgame (Cost-to Cure Tools) Benefits of Sale-Side Diligence Issue ID and resolution; Data Room value (EMS)
8
#6 thru #10 Access Agreements; Release Reporting Revising Reports Communication Document Control Bargain Basement, Reduced Scope Phase I “Get what you pay for” Compliance review capabilities Professionalism
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.