When a merger-and-acquisition deal commences, in-house counsel of private and public companies face daunting tasks. They often have to coordinate work streams involving outside counsel and company personnel, in addition to juggling responsibility for spotting legal issues and managing communications. Here are some significant steps in-house counsel should take as they become initially engaged in an M&A transaction.
Execute a nondisclosure agreement. When parties first engage in merger talks, they should execute a confidentiality or nondisclosure agreement.
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