The objectives of legal audit are to gather information about the company as well as evaluate and minimise the risks associated with a business transaction legally in order to make an informed decision. In addition, it is important for companies to conduct regular legal health checks/audits to ensure that their activities are in compliance with the applicable laws and regulations to avoid regulatory infractions.
The principal areas which would typically be covered in a legal audit are – share capital and shareholders; capacity of the seller; corporate structure; insurance; legal compliance; material contracts; litigation and disputes; financing; property; pension; labour and employment; tax; intellectual property rights; and data protection.
RUBYLEX LP offers legal audit services to companies for transactions involving Mergers & Acquisitions transactions in the above-mentioned areas. We also assist companies conduct regular health checks/audits to ensure compliance with the laws pertaining to their business operations.
RubyLex LP is a law firm committed to providing bespoke services with a focus on governance, compliance and business support to homegrown, startups and international clients with business interests across all sectors of the Nigerian economy.
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