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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Resource Listings

Advocacy Filings

United States v. Lake & Wittig

By ACC

The government indicted two executives for alleged criminal activities related to their employment. The company's bylaws provide for both advancement of fees and indemnification of these executives. The government successfully argued to the lower court that the executives' should be prevented from receiving reimbursements under the indemnification policies. Indemnification policies serve important public and internal corporate purposes in attracting responsible executives.

Advocacy Filings

United States of America v. Stringer, Letter filed with US Ct. Appeals 9th Cir. (5/2008)

By Robin S. Conrad & Amar D. Sarwal - National Chamber Litigation Center, Inc.; Susan Hackett - Association of Corporate Counsel; John E. Schreiber & Lyle Roberts - Dewey & LeBoeuf LLP.

This letter brief filed with the US Court of Appeals- 9th Circuit on behalf of the Chamber of Commerce of the United States of America and ACC as amicus curiae supports the petitioner's request for a rehearing en banc. Among the issues for consideration is the issue of whether and to what extent the Securities and Exchange Commission ("SEC"), or any other governmental entity, can actively conceal from an individual whom it is investigating the existence of a parallel criminal investigation.

Articles

Proceed with Caution: Roles and Regulatory Issues of Derivatives

By Stephen M. Humenik and Matthew F. Kluchenek

Derivatives, or contracts based on the value of something else, have been receiving a lot of publicity, particularly with regard to their alleged abuse. This article sheds light on the many uses of derivatives, including their role in risk management. Learn more about derivatives, including how new regulation has affected their function.