Foley Partner and program chair of the firm’s National Directors Institute Steven Barth was quoted in an article titled “How Common Are Related-Party Transactions?” in the February 8, 2010 issue of Agenda. Barth discusses related-party transactions involving large companies, stating that unhappy shareholders could point to related-party transactions to support a claim that a company’s board is involved in self-dealing. He adds that squeaky clean is the rule when engaging in related-party transactions.
