Legal Due Diligence

When buying a company or a share in a company, a new owner faces potential risks, as such company may have, prior to being sold, violated the law. As a consequence, a new owner may be brought to responsibility, which, over the long term, will drastically decrease such company’s value.

Legal Due Diligence is a procedure involving a legal inspection of a company that is normally carried out prior to purchasing.

As part of a Legal Due Diligence, lawyers normally check:

corporate issues (how the company was created and how respective shares in the company were purchased);
company’s basic value (real estate units, fixed assets, or titles to intellectual property);
essential agreements/contracts or other assets whose non-compliance with laws may entail penalties or other losses.

Assessment

Preparatory stage

Main stage

Concluding stage

Projects

Mamboo Games

REVERA has accompanied the entry of game dev studio Mamboo Games into an international gaming brand, the leader in the Eastern European online entertainment market. The REVERA team provided comprehensive support for the investment transaction: conducted a legal audit of the company, structured the transaction, developed all the packages of documents (convertible loan agreement, option agreement, partnership agreement, non-competition agreement, corporate documents on joining the company), advised the parties on tax consequences of the transaction.

New Tech Online

Supporting an M&A transaction involving a purchase of a Belarusian gambling business by New Tech Online company. REVERA’s lawyers provided full-fledged support for the transaction, from the Legal Due Diligence stage to the stage of complete transfer of title and acquisition of an online-gambling licence.

Playtech

A number of Due Diligence procedures by order of a global leader in online games and processing in respect of IT companies being potential M&A targets.

FREOR

Comprehensive Legal Due Diligence for a unique manufacturer of commercial cooling equipment.

An M&A transaction for Optibet

Supporting an M&A transaction involving acquisition of a Belarusian gambling business by Optibet company. REVERA’s lawyers provided full-fledged support for the transaction, from the Legal Due Diligence stage to the stage of complete passage of title and acquisition of online-gambling licence.

A major FMCG retail company

Due Diligence for the purposes of evaluation and performance of a transaction involving admittance of a Lithuanian investor.