As part of the fallout of the market crisis, shareholders and regulators are scrutinizing corporate transactions checking to see if blame can be placed for a company’s woes.  Consequently, related-party transactions, which some may have once deemed to be normal business practice, are now inherently suspect. Doing business with related parties takes various forms ranging from M&A through ordinary  business practices, like insurance and office leases. It also leads companies to put in place protocols for what is permissible and how that is disclosed. In the interest of full disclosure, companies should seek out and disclose any and all related-party transactions and their company policies about such operations.  To this end, we at Westlaw Business have compiled a list of resources to assist you as you prepare your 2009 10-Ks.       

Published: February 26, 2009