Who do you list as your client on a conflicts form when your deals involve complex structures with dozens of entities? Do you list the ultimate parent company only?

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You can start with that, and provide more information on any transactions where your new firm might have been involved in any way (or with entities that you know are the new firm's client). Those are the only transactions they'll be interested in, and they will follow up if they have questions or need more information.

Agree with D1. I also think it's a safe bet to list the client of record for your current employer (i.e. who does the bill go to). And if it's a PE firm where all portco matters roll up to them as the client of record, I would list the portcos as well.

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