Legal due diligence questionnaire—asset purchase—employment


Published by a ½Û×ÓÊÓƵ Employment expert
Precedents

Legal due diligence questionnaire—asset purchase—employment


Published by a ½Û×ÓÊÓƵ Employment expert

Precedents
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Definitions

In this questionnaire, the following words and phrases have the meaning set out opposite them.

[CA 2006

  1. •

    the Companies ACT 2006;]

[Business

  1. •

    the business of [insert description of the business] operated by the Seller and all other activities including those ancillary or incidental to or in connection with such business as carried on by the Seller;]

Buyer

  1. •

    [insert name of buyer] Limited incorporated in England and Wales under number [insert company number];

Employee

  1. •

    any person employed or engaged to work in, or assigned to, the Business[, including any based overseas];

EqA 2010

  1. •

    means the Equality Act 2010;

ERA 1996

  1. •

    the Employment Rights Act 1996;

Group

  1. •

    the Seller and each of the Subsidiaries (including [insert names of companies that may not fall under definition of subsidiary from CA 2006]) and Group Company means any of them;

pseudonymised

  1. •

    where information is processed in such a way that names or other identifiers that can be easily attributed to an individual are replaced with a reference number or letter and withheld by the Seller;

Seller

  1. •

    [insert name of seller] Limited incorporated in England and Wales under number [insert company number];

Subsidiaries

  1. •

    the subsidiaries

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Due diligence definition
What does Due diligence mean?

Due diligence means that all reasonable precautions were taken and all due diligence was exercised to avoid the commission of the offence. This requires the defendant to produce evidence of the system and procedures it has devised in an effort to avoid unfair practices.

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