Publication Date
1-1-1985
Document Type
Article
Organizational Units
Sturm College of Law
Keywords
Corporate secrecy, Securities law, Ongoing negotiations, Disclosure
Abstract
Few disclosure issues cause more trepidation and anxiety among corpo- rate officials than the disclosure of ongoing negotiations, whether negotia- tions over prospective sales contracts, aquisitions, mergers, or other material developments. Most major arms length agreements are preceded by a period of negotiations tlnt typically take place behind a veil of secrecy. Disclosure is often delaye' :ntil an agreement has been reached. Corporate officials fear that premature disclosure may result in a competitive disadvantage or may jeopardize continuation of the negotiations.
Publication Statement
Copyright held by the authors. User is responsible for all copyright compliance.
Originally published as Brown, Corporate Communications and the Federal Securities Laws, 53 George Wash. L. R. 741 (1985).
Recommended Citation
Brown, Corporate Communications and the Federal Securities Laws, 53 George Wash. L. R. 741 (1985).