Research On The Due Diligence Of Lawyers In The New Third Board Market

Due diligence is the transaction B through the business partners or counterparties to investigate and collect the key issues related to the proposed transaction information,so as to understand the purpose of business partners and counterparties and found their business advantages and weakness,identify importance and potentially important issues of its existence and potential,and provide the basis and basis for the decision to make a proposed cooperation or transaction with it,as well as the bargaining process and even the completion of the transaction.Therefore,the broker in the new-three board project should firstly force the new-three board project due diligence.The new-three board project should be strengthened for risk management.This will not only help to improve the liquidity of the new three-board market,promote the healthy development of the new three-board market,but also conducive to the securities companies to carry out business after the derivative business,to extend the new-three board project profit cycle.Based on the new situation of the new board development,this paper studies the lawyers du e diligence investigation of the new three board market.Firstly,the theory of due diligence and 1 awyer due diligence is expounded.Secondly,it analyzes the case of and punishment of law firms across the country.In nine cases,the author divided them into four businesses:legal due diligen ce for major litigation,arbitration,and administrative penalties,legal due diligence in related tra nsactions,legal due diligence of major asset restructuring,and legal due diligence on equity repr esentation.The analysis of four businesses,the author summed up three major problems existing in the new three board project due diligence:the target companies hiding the real information,du e diligence lawyers over relying on the evidence provided by the target enterprises,failed to coo perate with other due diligence.Finally,through the discovery of the problems,the author expou nded how to do a good job of the new three board project in lawyer due diligence from the legal point of view.