Our Team of Legal / Financial specialists was recently approached by a foreign law firm and requested to assist in their analysis of the health of three Russian subsidiaries targeted for acquisition through the merger of the offshore parent company.
Our specialists, who combined expertise in law, tax and accounting, were able to uncover significant issues of the Moscow located subsidiaries that effected the eventual sales price of the international transaction.
A key feature of this project was the fact that our team cooperated with an unrelated foreign law firm to provide a coordinated approach to carrying out the specified due diligence project. Moreover, this project needed to be completed within a very tight deadline and suffered in the initial stages from inaccurate and insufficient background information provided to the Client.
Press release for SPIBA