On June 7, 2022, US Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced a bipartisan bill to regulate the cryptocurrency/digital assets market. While the Lummis-Gillibrand Bill will no doubt undergo substantial amendments before - and if - it becomes law, its bipartisan provenance points to likely directions for U.S. crypto/digital assets law and regulation. This article explains why some of the Lummis-Gillibrand provisions are revolutionary.
As clients seek more cost-effective legal services, innovative law firms have begun to transform their service delivery models and new providers have appeared, enabling a transformation in which law firms realign their business models with clients' interests. Is this the end of in-house lawyers?
The agenda for Proxy Season 2013 included: pay for performance, including peer group construction methodology and realizable pay; board responsiveness to shareholder proposals; pledging, hedging and margin accounts; special issues for Canadian pay for performance; European policy updates; and board tenure in Hong Kong and Singapore. This panel will consider the handling of these issues and the lessons learned from 2013 for best practices going into the next proxy season.
Examines the guidance issued by the Office of Labor Management Standards and discusses the best practices for addressing LM-10 reporting obligations.
This article provides a discussion of the principal US Securities Act of 1933 sections, rules and regulations that may be used for registration-exempt offers and sales of securities for the purpose of raising capital and their respective requirements, advantages and disadvantages. Following the discussion, are “Deal Points” on important considerations in the exempt-from-registration offering process and what at all costs not to do.
In this article, in-house counsel speak about their experiences during the current crisis, and many lay out a range of useful steps they can take if they are currently looking for work or anticipating that they may soon need to be looking for new opportunities.
On July 2, 2014, the National People’s Congress of the People’s Republic of China (PRC) released amendments to the 2009 PRC Food Safety Law (Amendment) for public comment. Before the call for comment, the Amendment was reviewed four times. No further significant amendments are expected before the revised PRC Food Safety Law comes into effect later this year or in early 2015.
The transition from outside counsel to in-house attorney might seem daunting at first. A firm lawyer has limited knowledge of each client and most likely concentrates in one area of the law. In-house counsel must understand the industry, business and culture of his employer and make himself indispensable. This article offers tips on how a newly minted in-house attorney can succeed.
Compliance and ethics offices have become more popular, but does your client need one? This column offers thoughts to consider before making such an investment.
Public companies and their in-house counsel face new challenges as activist shareholders are demanding a greater voice in the boardroom. At the same time, engaged shareholders and their counsel tread the mine field of regulation as they seek to influence the governance agenda in the companies they own and to hold boards and management accountable for underperformance. Recently, some of the most high profile proxy contests have involved U.S. hedge funds targeting Canadian public companies. In this panel, hedge fund in-house counsel will face off against public company in-house counsel, fresh from their recent battles, to share their experiences and insights gained. Outside counsel with experience on both sides of the fight will discuss how in-house counsel can successfully steer their boards and management through the process.
Depending on the industry, your board members could be in breach of their duties if they don’t consider the company’s impact on climate change. The climate is changing - more precipitously and with more severe consequences than many anticipated and it will impact companies and board members in a number of different ways. This ACC Docket article outlines actions that board members can take in order to clearly communicate with their shareholders, provide support for their customers and invest in their employees in order to control the environmental impact of climate change on their company.
It pays to be in shape - just ask an administrator in charge of health care benefits. As costs continue to rise for insurance coverage, companies are implementing 'wellness programs' to improve the quality of life for their staff and reduce business expenses in the long run. How can you help to ensure that employees don't make themselves - and your company - physically or financially sick? This article offers up some realistic remedies.
because distributors are located in the middle of the supply channel, they face demands from both ends: intellectual property protections from the makers of a product and requests from those reselling it. This article looks at the types of relationships distributors typically have with vendors and purchasers, and offers advice on how to successfully navigate the squeeze.
As part of the UAE’s 50th anniversary celebrations, the government revealed the largest legal reforms in the country’s history, most of which went into effect January 2, 2022. This briefing is an overview of three key areas for directors of UAE companies to be aware of across the legislative suite.
In this ACC guide, explore key aspects of managing employees' use of social media, in light of guidance from the US National Labor Relations Board ("NLRB").
This is a sample employee handbook for an LLC company.
This multi-jurisdictional guide covers common issues in consumer protection laws and regulations, including substantive provisions, enforcement action, remedies, and anticipated reforms.
Check out this resource developed by Foley & Lardner LLP that focuses on the top seventeen trends for the health & life sciences sector in 2022.
Learn about the French employment law issues regarding the employment status of workers who perform services using digital platforms.
There are many reasons why companies migrate to Switzerland: lower corporate
income tax rates, a stable and predictable legal environment, and a flexible labor law. There are also disadvantages. Before you pack up and head for the snowy Alps, learn more about what relocation really entails.
Addresses the dangerous power that Kasky threatens to unleash on the business community and suggests how you, as in-house counsel, can stem the tide of this unwarranted expansion and help protect your company from having to defend against a meritless but costly lawsuit.
This material provides an overview of the various factors that a foreign investor should consider when establishing a business in New Zealand.
This article looks at an approach to setting up a formal interviewing plan for a forensic engagement.
As much as we need to impart the value of hard work and lead by example, that example should also include the importance of prioritizing what and who we value. We must show, not just tell, those who matter to us that they do matter to us.
Tablets and smartphones are enabling us to leave our laptops – increasingly our primary PC – in the office. The large number of apps available and the similarities between iOS and Android devices mean that you can really choose the device and individual apps that best suit how you practice. As corporate counsel, you may need to thread a needle more carefully using personal technology on the corporate network or making corporate technology truly functional. Once you have fortified your device with encryption and secured it, you can become truly productive.
This Quick Overview focuses on special rules for foreign buyers, key hurdles, and recent regulatory changes impacting Mergers & Acquisitions (M&As) in India that in-house counsel should know about if they plan M&As in India. In addition, it will outline key laws governing M&As in India.
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