Due Diligence Legislation assignment #2 1. Where did the term “due diligence” come from‚ what case? The term due diligence came form the case Sault Ste. Marie‚ know as strict liability offences‚ by Supreme court of Canada. Due diligence and the strict liability were offered in response to the inadequacies of the existing criminal law‚ due to the actions that occurred in polluting the water source in Sault Ste. Marie‚ Ontario. “SCC”) in R v. Sault Ste. Marie‚ [1978] 2 S.C.R
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“Due diligence” simply means taking all reasonable care to protect the well-being of employees or co-workers. It is the opposite of negligence. To meet the standard of due diligence‚ you must take all precautions that are reasonable in the circumstances so that you can carry out your work and your health and safety responsibilities. The single most frequent cause of accidents in the workplace is failing to take the time to think through the work‚ identify the hazards and deal with them. Due diligence
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Understanding the Concept of Due Diligence Due diligence means employers take all reasonable precautions in certain situations to prevent injuries or accidents in the workplace. Employers should implement plans to identify hazards in the workplace and administer the applicable corrective action to prevent accidents or injuries from occurring. All four companies I interviewed had some sort of understanding of the concept of due diligence (from the general idea at Company CS to a full-on definition
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Human Due Diligence “The success of most acquisitions hinges not on dollars but on people” (Harding‚ Rouse‚ 2007). It is often said that people are the most significant and important resource of any organization‚ yet due diligence sometimes focuses on the corporate‚ financial‚ and legal dimensions of the deal while ignoring the people issues. Financial motivation are only a small part of the picture in most mergers‚ while success and failure of consolidations are profoundly connected to people
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Due Diligence checklist: A. Technical Due Diligence: Project location Schedule for start and C.O.D Size Current state of equipment Equipment available and needed Current and target capacity Please describe the work that has been done to date‚ and the remaining work required Site big enough to expand? How you intend to execute the project (e.g. by an EPC contractor‚ or directly by your Technical Partner)? Where is the delivery point for evacuation of power? Type of technology used? Capacity‚
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Introduction Due diligence has its origins in the Roman law concept of Diligentia. Like its original meaning of the term in Anglo-American legal system has evolved into a standard of care which a buyer must take "due care" in connection with such transfers‚ acquisitions and lending. For Swedish whichever is the meaning closest to describe a procedure where a proposed köpföretag examines a target economic and legal status as a condition of an acquisition. The study’s findings are a basis for decision
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Legal Due Diligence Checklist “While the term cannot be found in the dictionary‚ due diligence can be defined as the careful inspection of an item intended for purchase” (Stern‚ 1993). “Scrupulous due diligence is critical to determine if the offering is cost-effective” (Stern‚ 1993). Most potential purchasers of businesses now agree that they should carry out due diligence on a business before agreeing to buy it. According to Hall (2004)‚ “the reasons for due diligence will vary and may‚
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Cultural due diligence 1. Introduction Why Cultural Due Diligence (CCD) The implementation of effective cultural due diligence is well recognized in both the academic and business world. Through mergers and acquisitions‚ as well as any other business alliances‚ cultural due diligence has helped companies enter global markets‚ acquire capital‚ technology‚ branding‚ and country specific practices to help do business. It also reduces the risk and maximizes the profits in many ways (Cartwright &
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knowledge‚ thus fuelling both the internal and external opportunities of the organization (Ssveiby‚ 1997). 1. Purpose of the Study The purpose of the study is to assess and analyse the effects on employees of any organisation if proper due diligence is not conducted during and after a Merger and Acquisition. Also to gain a better
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MASTER ACQUISITION DUE DILIGENCE CHECKLIST TABLE OF CONTENTS I CORPORATE OVERVIEW .............................................................. 2 A. B. C. D. II A. B. C. D. E. F. Corporate Organization .............................................................2 Corporate Development Overview ...............................................2 PUBLIC DOCUMENT REVIEW .............................................................3 SYNERGIES .........................................................
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