As part of its pre-transactional due diligence process, a European corporation engaged Nardello & Co. to conduct an investigation into the political and business connections of a prominent and controversial Latin American national in exile, from whom it was planning to buy a large company in Latin America. The subject had been the target of multiple government investigations and seizures for several years. The client was concerned that given this history, the company could be expropriated after their acquisition.

Our findings indicated that the client’s concerns were valid as we determined that the high value of the company did in fact make the company a candidate for expropriation.