Intercompany transactions often carry unique legal and financial challenges for the parent company and its subsidiaries that may benefit from the cash or assets exchanged. Even if both companies do everything “by the books,” with a clear record of transactions, lenders may not look favorably upon intercompany transactions. These types of transactions can also muddy…
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When engaged in a complex transaction, such as a merger or acquisition, or when engaged in private equity funding, it’s reasonable to expect that an audit of the target company’s financial statements will take place. The acquiring company or group of investors certainly want the reassurance that the company’s assets and liabilities are properly organized…
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Watermarks are an important security measure to mark a document without obscuring its contents. The use of watermarks dates back to the 13th century, when paper was pressed with a metal stamp while it was still wet, leaving a permanent mark on the paper. Regardless of what was printed on the document, holding the paper…
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Sharing important documents is an act of trust that can have catastrophic consequences for you and your business if it’s not done properly. An unsecured document, or a document shared with the wrong person, can expose you to risks that may not become evident for years after the original transaction has been completed. But…
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If necessity is the mother of invention, there’s probably a software solution that’s already been invented to handle that necessity. Indeed, people often look to technology to handle life’s little confusions. Whether it’s a consumer wondering how to resize a photo or a business person trying to figure out how to convert a Word…
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The success of a merger and acquisition (M&A) deal isn’t guaranteed after the deal is signed and sealed. The integration period is every bit as crucial to ensuring that the acquiring business is able to achieve the goals it intended to with the transaction. How to ensure this phase of your M&A goes smoothly?…
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A statutory financial statement is a kind of statutory report required by every publicly held company. These statutory reports must be shared with stockholders and also filed with the Securities and Exchange Commission. But even if your company is not publicly held, it’s a smart idea to keep these important financial statements up to date…
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Establishing a consistent naming convention for your files and folders may be the most important investment of time you can make before uploading those files to your virtual data room (VDR) workspace. A few minutes invested today will save you many hours down the road sorting, organizing and searching for files. What’s in a…
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Information rights management (IRM) is a discipline that involves managing, controlling and securing content from unauthorized access or compromise. IRM is a subset of digital rights management (DRM), which protects intellectual property from patent infringement and piracy. IRM focuses on protecting sensitive data and documents, especially data and documents that are exchanged with parties…
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Startup founders have a lot to think about when they first enter the fundraising phase of their business. Venture capital firms and angel investors will undoubtedly want to go through a multi-step due diligence process. While due diligence can vary widely based on the industry and what traits the investors are looking for, it…
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