Great article above, with some great advice, my favourites:

When constructing a VDR, it is often best to disclose more rather than disclose less.

Allowing unfettered access to one or more potential buyers can cripple a deal if a party decides to walk during the due diligence phase.

Having a well-thought-out, logical, organized VDR not only creates a strong positive first impression and bond of trust, it may also provide the vendor with a first-mover advantage in regard to shaping the terms of the deal.

Read the full article here on Canadian Lawyer Mag, there’s plenty more good information. If you would like a free checklist from us, get in touch.