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…
A conglomerate merger is a merger between companies that are involved in completely unrelated business activities. These mergers typically occur between companies within different but perhaps related industries or firms located in different geographical locations or that serve different customer groups. There are two types of conglomerate mergers: pure and mixed. Pure conglomerate mergers…
A prepackaged Chapter 11 bankruptcy, also known as a “pre-pack,” was developed for companies seeking a simplified yet complete restructuring from bankruptcy. The pre-pack offers a quick exit from bankruptcy in anywhere from three to 12 months. As with any Chapter 11 proceeding, the debtor must work closely with creditors to negotiate and reach…
When a company sells a fixed asset, such as a piece of equipment, the accounting records need to properly track the sale, otherwise known as disposal, of that asset. These transactions are often crucial for the overall health of the business, especially if a company is attempting to tee itself up for a merger or…
If you’re launching the due diligence process for your firm’s next (or first) acquisition, you may be wondering if using Dropbox for due diligence is okay. Have you been tasked with managing your company’s capital-raising initiative and need a way to share sensitive information? If so, then your “to-do” list probably includes finding a solution…
Sensitive business operations like private equity transactions or M&As often require enhanced due diligence, a process in which dozens of professionals review hundreds of pages of documents in order to help buyers size up companies, and vice versa. While this process has largely moved online, selecting a platform that enables individuals to access and share…
When it comes to closing a round of investments, how you present your company — specifically, how you present the documents that measure your company’s strengths and performance — is key. The goal, of course, is to present the most accurate and compelling picture of your company to a group of investors who see the…
Before entering into an agreement or contract with another party, a company usually conducts due diligence. Due diligence for any transaction minimizes risks and maximizes value for the shareholders and stakeholders involved. According to Thomson Reuters Westlaw, the specific due diligence plan for a private equity transaction is driven by the private equity (PE) fund’s…
Whew! You just finished writing an important document in Microsoft Word — and you want to keep it private and secure. What can you do? Let’s have a look at four ways you can add security to your Word documents. You can choose one of these, or a combination of several, to add the most…