LexNovaLegal Associates
Legal Due Diligence
Buy-side, sell-side and lender diligence with findings ranked by deal impact.
A diligence report that lists three hundred observations without ranking them is a liability transfer, not advice. LexNova's reports lead with the findings that change price, structure or the decision to proceed, and put the rest in an annexure.
We run buy-side diligence for acquirers and investors, vendor diligence for sellers preparing an exit, and security-focused diligence for lenders. Where a defect can be cured before completion, we say how and by when.
What this service covers
Buy-side, sell-side and lender diligence with findings ranked by deal impact.
Red flags first
An executive summary of deal-breakers and price-adjusting findings ahead of the detail.
Cure paths, not just problems
Each material finding carries a proposed remedy, condition precedent or indemnity.
Sell-side readiness
Vendor diligence run early so defects are fixed before a buyer's counsel finds them.
Frequently asked questions
- How long does diligence take?
- A focused review of a small private company typically takes two to three weeks from a complete data room; larger or multi-entity targets take longer, and the data room's quality is usually the constraint.
- Can findings be reflected in the transaction documents?
- Yes. We translate material findings directly into conditions precedent, specific indemnities and warranty qualifications in the share purchase or investment agreement.
- How long does a legal due diligence take?
- A focused diligence on a mid-sized private company typically takes two to four weeks from the point the data room is populated. Incomplete disclosure, not review capacity, is the usual cause of delay.
- What does the diligence report cover?
- Corporate records and title to shares, material contracts, licences and regulatory standing, litigation and contingent liabilities, employment, intellectual property, real estate and financing security — each with a risk rating and a recommended contractual remedy.
- How do diligence findings affect the deal documents?
- They drive specific indemnities, conditions precedent, price adjustments and warranty carve-outs. A finding is only useful when it is converted into protection in the share purchase or investment agreement.
- Can you run vendor-side diligence before a sale?
- Yes. A vendor diligence lets you find and fix defects — unregistered charges, missing minutes, unstamped agreements — before a buyer's counsel uses them as price leverage.
Part of our Corporate & Commercial Law practice group. View all practice areas.
Based in Tamil Nadu? See how we run this work as a corporate lawyer in Chennai.
Need advice on due diligence?
Share the documents and the deadline you are working to. We will confirm the approach, the people handling it and the cost before starting.