When do you share CIM with lawyer/accountant?

by a searcher from The University of Arizona - Eller College of Management

4 years ago

Hi all - I'm a first time buyer, was wondering when do you buyers usually share the CIM with their lawyers/accountant and engage them for their perspective? Pre-or-post LOI?

Thank you!

3 likes
223 views
11 comments

searcher from University of Maryland at College Park

Inexperienced buyers should get their counsel or advisors involved early in the process--definitely pre-LOI. Experienced buyers who are comfortable with valuation, structure, and negotiation in cookie-cutter transactions don't need to get outside professional services advisors involved until an LOI has been signed. The exception would be when there is something particularly outside the box (e.g., seller-driven tax structure requirements).

1 month ago | like reply | 0 likes

professional from University of Southern California - Marshall School of Business

You save time and money using this:
https://youtu.be/FGma2GyKlvE?si=DVSZuftKMTnuVHY8 in-depth coverage by myself and an attorney reveals pitfalls and opportunities during this webinar

4 months ago | like reply | 0 likes

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