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Additional Enquiries From Covid 19 Risk For Legal Due Diligence (Asset Purchases)

by
Genie Team
Genie Team
Sep, 28 2022

When to use this template

This document contains a list of legal due diligence enquiries relating to areas of specific or heightened risk arising from the COVID-19 pandemic for use in connection with an asset or business purchase transaction.

Key issues covered in this template

  • HMRC communications
  • Business continuity
  • Employee absences
  • Estimated costs
  • Furlough agreement
  • Furloughed/flexible furlough
  • Health and safety
  • Late audit
  • Non-compliance
  • UK Visas
  • N/A

What to watch out for

  • The impact of COVID-19 on the target business or asset, including any financial or operational impacts

  • The target business or asset's compliance with applicable laws and regulations related to COVID-19

  • The target business or asset's insurance coverage for any risks related to COVID-19

  • Any potential liabilities that the target business or asset may face in connection with COVID-19, including any potential litigation

1

Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

M
Legal Services
34%
Consultancy
33%
Finance
33%

Additional information

Business categories

Business activities

Relevant sectors

Finance

Consumer, Public & Health Services

Relevant company sizes

1 - 3

4 - 19

20 - 49

50 - 249

250 - 999

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes