This article points out that in case the corporate purpose of the legal entity is distorted, deviating the company from its goal for acts deliberately performed by its members, officers and managers, or, further, if such individuals cause improperly a confusion between their own assets and legal entity’s, the abuse of corporate entity is acknowledged, with the legitimation of court intervention, establishing the effects on the private assets of members and officers, who become equally and jointly liable for company’s obligations.
This practice profile is about the experiences of law departments at seven companies and a national law firm that, for varying reasons, decided to move some legal services to outside providers in the United States. It also describes service models used by some to in-source work that might have otherwise been performed by outside law firms. Featured corporate law departments are: Alcoa, Inc., American Express, DuPont, Golden West Financial; 3M, Reebok, and The Finish Line, Inc.
The Anti-Corruption Law entered into force in Brazil last month. Under the new law, parent companies, subsidiaries, other affiliates and consortiums are jointly and severally liable for payment of fines and indemnification of damages resulting from unlawful acts. Read this article for further discussion of the main matters covered by the new law.
A Checklist of best practices for public companies and their counsel to consider when the company and its employees are active in social media. This Checklist offers suggestions in dealing with the limitations and challenges that federal securities laws place on the use of social media and avoiding violations of the securities laws. This Checklist also covers social media use during sensitive disclosure periods, such as during securities offerings and proxy solicitations.
As in-house counsel, you will most likely be dealing with technology licensing agreements. Here are some key tips based on “FAQs – What Every Lawyer Should Know About Technology Licensing Agreements” - a webcast hosted by the Association of Corporate Counsel’s New to In-house Network, sponsored by Saul Ewing Arnstein & Lehr LLP.
This article reviews principal corporate, commercial and regulatory (compliance) considerations when forming exempt from ICA registration Private Funds.
Read this article and learn a practical step-by-step approach for transforming your company's well-intentioned workplace policies and procedures into a system that delivers.
On March 7, 2023, the Data Protection Commission (“DPC”) published its Annual Report for 2022 (the “Report”). 2022 marked the fourth full year of the implementation of the GDPR and saw significant effort by the DPC to ensure compliance with the GDPR across Ireland. The most frequent GDPR queries and complaints received by the DPC related to Access Requests; Fair Processing; Disclosure; Direct Marketing; and the Right to be Forgotten.
The Anti-Corruption Law entered into force in Brazil last month. Under the new law, parent companies, subsidiaries, other affiliates and consortiums are jointly and severally liable for payment of fines and indemnification of damages resulting from unlawful acts. Read this article for further discussion of the main matters covered by the new law. This article is also available in Portuguese:
<p><a href=" http://www.acc.com/legalresources/resource.cfm?show=1359561">The Brazilian Anti-Corruption Law Comes Into Effect (Portuguese)</a></p>
A review of Venezuela's Organic Law of Labor and Workers, a collection of recent reforms to the country's wage and hour laws.
This multi-PAK provides a high level overview of the lending market, forms of security over assets, special purpose vehicles in secured lending, quasi-security, negative pledge, guarantees, and loan agreements. It covers creation and registration requirements for security interests; problem assets over which security is difficult to grant; risk areas for lenders; structuring the priority of debt; debt trading and transfer mechanisms; agent and trust concepts; enforcement of security interests and borrower insolvency; cross-border issues on loans; taxes; and proposals for reform.
This multi-jurisdictional guide covers common issues in consumer protection laws and regulations, including substantive provisions, enforcement action, remedies, and anticipated reforms.
This resource reviews key provisions of the CFPOA, FCPA, UK Bribery Act, OECD, Brazil’s new law, provincial laws/regulations.
As in-house counsel, your clients expect excellence in lawsuit process management — simply handing the reins to outside counsel won’t impress them. Instead of focusing on traditional legal strategies, expand your view to include a broad range of business concepts, processes and skills to optimally manage litigation. Learn how to work across different levels and functions to improve litigation results and the business as a whole.
A checklist to keep handy when discussing the scope of a new project, including budget, with your outside counsel.
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.
This article discusses the potential impacts of two proposals by the European Commission - a Council Directive on Business in Europe - Framework for Income Taxation (BEFIT) and a Council Directive on transfer pricing.
If adopted by the European Council (the Council), the new Directives will significantly impact the taxation of businesses within the EU.
This multi-jurisdictional guide explores legal issues, rules, and developments related to real estate. Topic covered include leasing, investment, development, and financing.
Doing Business in Digital Era - session held in Sydney 1 December 2016.
Doing Business in a Digital Era: where is the law up to? - presentation held in Canberra 16 June 2017.
Chief legal officers’ concerns about vendor risks, new employees, and more statistics from ACC’s benchmarking reports.
This InfoPAK (now known as ACC Guides) gives a succinct overview of restraints of trade, monopolies and abuses of market power in India.
This Wisdom of the Crowd (ACC member discussion) addresses how to protect privileged information in internal email communication, under US law. This resource was compiled from questions and responses posted on the community of the New to In-house Network.*
Learn about how the Human Resources function can help to measure their organization's performance regarding the Social dimension of Environmental, Social, and Governance (ESG).
The author recounts his search for a new position in the midst of the recession, imparting practical advice and lessons learned along the way.
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