Trade Secret Holding Companies: A Structural Solution To A Sarbanes-Oxley Requirement

Law360, New York (March 22, 2006, 12:00 AM EST) -- It is now recognized that Sarbanes-Oxley requires corporate directors and officers to account for and manage the trade secret assets of public companies. The difficulties now center on implementation of these requirements. The creation of a holding company for trade secret assets provides a vehicle for complying with the SOX requirements and provides other benefits to the company.

Section 302 of Sarbanes-Oxley requires the CEO and CFO of public companies to certify that their annual and quarterly reports do not contain any untrue or misleading statements...
To view the full article, register now.