How important is due diligence and market place intelligence to a successful cross-border transaction in your jurisdiction?

We mostly serve international investors and it is always important to run a proper due diligence process, especially for people from other countries and cultures. They must get as much information as possible in order to understand the legal environment.

We are used to running multi-disciplinary due diligence for our clients, doing the tax and legal due diligence ourselves and working closely with engineers running technical due diligence. We put all our findings together and pay attention to everything, drafting the SPA and highlighting issues for clients to be aware of. Quite often international banks nancing German property investment request extra due diligence. Institutional clients usually require full due diliigence, while family offices are often happy with a red ag due diligence.

Our clients are used to working together with multinational law firm under a four-week exclusivity period. What often happens is that, two days before deadline, they get a shocking report because they didn’t get any updates throughout the process on the outcome.

We update our clients after every team meeting, keeping them informed on how the process is developing. The team here are driven by the idea that clients should be looked after properly.