Yesterday I encountered an article that discusses why Sarbanes-Oxley should be of concern to anyone who’s responsible for a public company’s contracts. There are doubtless other works on this subject, but I’m cheerfully unaware of them. Here’s the citation: Colin P.A. Jones, Sarbanes-Oxley and the Inch-Thick Contract, 5 Richmond Journal of Law and Business 1 (2005). Click here for a copy.
Professor Jones teaches at Doshisha University Law School in Kyoto, Japan, but he told me that he wrote this article while he was in-house counsel. The conclusions he offers in the article are sensible, but I’d add one more—that the demands of Sarbanes-Oxley regulation offer yet another reason why companies should consider document-assembly and contract-lifecycle-management solutions.
If you have any thoughts on this subject or know of any other useful authorities, by all means let me know.