initial red flag report targeting our points of particular attention, thus enabling the client to get a first idea of the target and any difficulties he might encounter. Then, in line with the defined timetable, and after further discussions with the target, we issued our final report. This two-stage process enables the client to confirm, or deny, his interest. The red flag report adds further time for reflection. This process proved particularly wellsuited to the situation. In fact, certain issues not envisaged by the client were revealed, enabling him to adapt, and direct differently, his discussions with the target. identified by the client, it’s up to us to identify its sector of activity, as well as its specific features. Once this work has been carried out, we draw up a document list, adapted to the target and our client’s needs, of the documents and elements required for our review, so that we can then issue a report. Sports law in France is also very much driven by public and administrative law and we have strong expertise in these matters within our firm. To ensure that our review is complete, and to enable us to write the most accurate report possible, a classic Q&A system is put in place. For this acquisition, we chose to issue an 38 LAWYER MONTHLY JULY 2024 The red flag report adds further time for reflection.
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