Legal Due Diligence · glossary
The money line below which a review does not report, set by the partner and the client. On Sunrise it was €250,000. A smaller matter is still reported if it shows a pattern, affects the target's standing with its regulator or matters to the buyer's plans. Report §2.2 · Chapter 1 · Chapter 3
Explained in Chapter 1, What Due Diligence Is For, of Legal Due Diligence.
The size below which a problem usually goes unreported is the materiality threshold. On Sunrise it was €250,000 (report §2.2). A smaller problem is still reported if it shows a pattern or touches the regulator. Chapter 3 shows how a team sets these limits.Read Chapter 1, What Due Diligence Is For →
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