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Q
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I am currently planning to acquire another company. However, I am worried that legal problems or disputes may arise during the acquisition process. When I asked an acquaintance in the same industry, they said it would be good to receive corporate legal advisory. Specifically, what kind of help can I receive if I get advisory? Can I also receive help with the overall corporate acquisition? I am curious about the scope of the advisory.
corporate legal advisory
legal advisory for small and medium-sized enterprises
Answer
Published:
Author : Kuk Il KIM
I understand that you are planning a corporate acquisition.
To expand your business area and secure competitiveness through a corporate acquisition, you must select the target company well.
In particular, it is very important to grasp the value and potential risks of the target company.
In addition, because the procedure must be carried out lawfully and promptly, it can be said that seeking corporate legal advisory is advisable.
Furthermore, various legal disputes can also arise regarding the acquisition method, such as a share acquisition or an asset acquisition, and the source of funds.
Moreover, in the acquisition process, you must thoroughly comply with related laws and regulations, such as the Financial Investment Services and Capital Markets Act, tax law, and the Monopoly Regulation and Fair Trade Act.
Therefore, it can be said that it is wise to receive corporate legal advisory even before the acquisition procedure.
This is because a specialized attorney can support due diligence on the target company and thoroughly review financial and legal issues.
In addition, the attorney can help draft the acquisition agreement and, through legal review, help prevent future disputes.
Accordingly, if you are currently planning to acquire another company, we recommend that you promptly receive corporate legal advisory.

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