Import Due Diligence in M&A Transactions

Thursday, March 27, 2014
01:00 PM - 02:00 PM Eastern Daylight Time

Please join Morgan Lewis for a webinar on Import Due Diligence in M&A Transactions, presented by our International Trade Practice.

Under the construct of successor liability, purchasing the assets of another company may also include the acquisition of import-related financial liabilities. Given the magnitude of those financial liabilities, companies engaged in merger and acquisition activities should be conducting a thorough review of the target company's import activities as a component of their due diligence. Additionally, the import operations of a target company may also lead to previously unexplored cost-saving opportunities.

In this third installment of our webinar series focused on imports and customs, we will discuss successor liability, the situations in which U.S. government agencies will seek to hold successors responsible for the prior import errors of their targets, and best practices for acquiring/merging companies can undertake to identify hidden risks and potential cost-saving opportunities.

Topics to be discussed:

  • Successor liability: penalties and duties
  • Best practices and recommendations                                             
    • Classification, valuation, and origin determinations
    • Free trade agreements eligibility
    • Powers Of attorney
    • Bonding
    • Licensing
    • Antidumping/Countervailing Duties
    • Controlled imports
    • Importing from countries without normal trade relations
    • Conflict minerals

Thursday, March 27, 2014
1–2 pm

Margaret Gatti
Kelly Herman
Juli Schwartz

CLE credit in CA, FL, IL, NJ, NY, PA, TX, and VA is currently pending approval.