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CRALAW 
Articles 

Topic: 

Y2K DISASTER: 
WHAT TO PREPARE 
FOR 

by: 

Y2K Team 
Chan Robles  
Law Firm 
 

Executive Order No. 14 [August 19, 1998]  Establishing the
Presidential Commission on
Year 2000 Compliance
 
FRENCH Translation
GERMAN Translation
ITALIAN Translation
PORTUGUESE Translation
SPANISH Translation
 
 
 CHAN ROBLES AND ASSOCIATES LAW FIRM - Welcome to the Home of the Philippine On-Line Legal Resources
 
 
Implications on Mergers and Acquisitions 
Y2K is one of the major issues that should be addressed and looked into in mergers and acquisitions.  Appropriate due diligence examination of a target non-Y2K compliant company should necessarily include this area.  Consequently, additional protection clauses on escrow payment arrangements and posting of performance bonds, among others, should be insisted upon by the acquiring entity. In this manner, the transaction becomes trouble-free thereby avoiding  costly and tedious litigation.
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Since 19.07.98