Skip to main content

News & Updates

Q: “What additional due diligence should we do now around a target company’s business continuity and crisis response plans? I imagine this sort of thing matters now more than ever.”

Date

May 11, 2020

Read Time

1 minute

Share


Answered by Ashik Shah

A: Business continuity and crisis management response plans help a company protect its business from a disaster (e.g., earthquake, cybersecurity breach, pandemic, etc.). Due to the effects of the COVID-19 pandemic, a Buyer should carefully analyze the effectiveness of a target company’s use of its business continuity and crisis management plans. If a target company does not currently have a business continuity plan or crisis management plan in place, then this could raise a potential red flag issue in the due diligence process. If a plan does not address particular concerns related to COVID-19 (e.g., working remotely, employee safety issues, continuing customer and supplier relationships, etc.) or specific inadequacies under the plans, then a Buyer should contemplate implementing any additional requirements under the plans.


Filed under: Corporate

January 24, 2024

Levenfeld Pearlstein’s Corporate Group Expands with the Addition of Cybersecurity Attorney Kathryn Nadro

Read More

January 03, 2024

LP Promotes Benjamin Altshul, Robert Garner, and Sean Williams to Partner

Read More