This article was written shortly after the author arrived in the Caucasus Region to handle legal matters for the Bauk-Tbilisi-Ceyhan (BTC) Oil Pipeline running 1700 kilometers from Azerbaijan, through the Republic of Georgia, to Turkey's Mediterranean Coast.
The majority of new companies started in the United States will fail. Some estimates say as many as nine out of every 10 new businesses will fail. This is a staggering statistic! This panel will delve into what in-house counsel need to know if their place of business starts failing. What role does in-house counsel play in sounding the alarm bells and letting others know that bankruptcy may be the best idea? What are the differences between Chapter 7 and Chapter 11 when it comes to a business bankruptcy? What are the disclosure obligations when the company cannot meet current expenses? When and to whom should disclosure be made – board of directors, vendors, employees, regulators? What are the operational issues as insolvency approaches? This panel will discuss what to expect if your company fails, the legal pitfalls to avoid to protect everyone involved, and how involved an in-house lawyer should be in the wind-down process. The panel will also address what in-house counsel need to know when a vendor or customer is going through the bankruptcy process.
This is an example of anti-corruption policy for a smaller organization. An anti-corruption policy should be customized to the needs of the specific organization. The nature of the policy will depend on the specific needs of the organization based on its business and where it operates. The policy below is merely an example and provided for information purposes only and does not constitute legal advice.
The business of transporting hazardous materials is extremely regulated in the United States, as well as internationally. Familiarity with the regulations set by the Department of Transportation (DOT) concerning this activity is of great concern to Environmental Health and Safety (EHS) and compliance attorneys; however, all attorneys, especially those in-house, should have some basic knowledge of the DOT regulatory structure. Here, the author provides a summary of DOT and hazmat rules, the scope of materials covered and key issues for the compliance and enforcement of these rules.
Camana Bay in the Cayman Islands is a meticulously groomed town, where native vegetation flanks walkways and bike trails that lead to office buildings, courtyards, restaurants and school grounds. The aesthetics are both beautiful and functional. Because every destination that spans this development is walkable, Camana Bay promotes social interaction and a low environmental impact. Dart Enterprises, where Ward Sykes is vice president of corporate and legal, is the parent company of Dart Realty, the developer of Camana Bay and the company responsible for the beautifully engineered community.
This InfoPAK (now known as an ACC Guide) provides a "question & answer" guide to corporate crime, fraud and investigations in Australia. This guide gives a high level overview of matters relating to corporate fraud, bribery and corruption, insider dealing and market abuse. In addition, it summarizes money laundering and terrorist financing, financial record keeping, due diligence, corporate liability, immunity and leniency, and whistleblowing.
In this ACC Guide, learn about the California Consumer Privacy Act (CCPA), how it compares to the European Union's General Data Protection Regulation (GDPR), and gain key takeaways on how to adapt to these regulatory changes.
This guide covers common issues regarding private client laws in 24 jurisdictions.
Topics explored include pre-entry tax planning, connection factors, taxation issues on inward investment, succession planning, trusts and foundations, immigration issues, and tax treaties.
This article discusses new Swiss rules on insider dealing and market manipulation entered into force.
This InfoPAK (now known as ACC Guides) provides a high level overview of the lending mark, forms of security over assets, special purpose vehicles in secured lending, quasi-security, negative pledge, guarantees and loan agreements in Australia.
This guide provides a compilation of insights from legal practitioners around the world to assist in the identification and understanding of the laws and regulations that impact the drug and medical device industry.
The following article is a primer to help explain the negotiation of a license for customizable software products. This article discusses what to consider as part of the business arrangement, including issues related to product performance and liability, risk sharing, intellectual property matters, and other legal issues. This article is certainly not a substitute for personal advice from in-house counsel geared to the particular matter at hand, but should help lay the groundwork for discussions.
Lawyers from around the world are increasingly using AI technologies to streamline burdensome legal practices. By understanding new and revolutionary uses for artificial intelligence, in-house counsel can implement innovative strategies to permanently transform the modern legal department.
Studies point to the prevalence of depression and addiction in attorneys. In order to cope with the stresses of deadlines and multiple priorities that need attention, secure your oxygen mask first by incorporating healthy mechanisms into your daily routine.
Learn the ins and outs of strategic planning and effective metrics development that will help you demonstrate your department’s successes; and Show your boss how you add value to the company’s bottom line and contribute to the mission and strategic goals of your organization.
This is an outline for the session: Allocating Environmental Risk in Commercial and Real Estate Transactions.
More than half of US citizens live in states where medical cannabis is legal, and a large majority support wholesale legalization, yet the cannabis industry faces significant federal obstacles. The 2013 Justice Department “Cole memo” established a formal policy of not prosecuting legitimate cannabis retailers, but later federal clarifications severely limited the access of the cannabis industry to conventional banking.
Considering human rights during mergers and acquisitions can help companies save money as well as increase the long-term success of the transaction — and on the flipside, can help organizations avoid reputational damage, consumer boycotts, operational delays, and lost opportunities.
As business operations become increasingly complex, legal departments are expected to do more with less. From compliance to contracting, legal departments can achieve this goal by unbundling the right services to the right providers. Without careful planning, however, the risk and cost of such efforts may prove to be too much. This article will guide you along the path to increasing value while reducing legal spend.
Many companies are outsourcing such functions as information technology, accounting, customer service, and telecommunications. Additionally, many of them are contracting with foreign vendors to provide such services. This article explains the reasons for this phenomenon, examines the trends in global outsourcing, and sets forth factors that will help you to determine whether such outsourcing is right for your company. You will learn how to develop a strategy that will enable you to identify the vendor and outsourcing destination most appropriate for your needs and to sidestep the minefields involved in outsourcing globally.
This report therefore gives an inside view to the challenging task of managing a corporate legal department in Russia under extra-ordinary circumstances. It also provides heads of legal departments with important management benchmarks and gives law firm leaders greater insight and understanding when dealing with clients.
This article teaches you how to prepare for shareholder activists.
This sample includes a set of rules prohibiting solicitation and distribution of literature on company property.
Executive Summary about the Model Contract Clauses Version 2.0 and the Responsible Buyer Code, developed by the Working Group to Draft Model Contract Clauses to Protect Human Rights in International Supply Chains, American Bar Association Business Law Section.
With the pace of business today and the increasing need for efficiency and cost effectiveness in all corporate endeavors, it is not enough that the legal function merely coordinate its activities with the business. To productively provide the level of service a corporation or business unit requires, the legal function must be totally synchronized with business goals and activities.
This is a sample sales agreement regarding hotel guest rooms.
This article provides an overview of the justification, objectives, and organization of a comprehensive IP initiative, examines the two substantive phases of the initiative that management typically prioritizes: commercialization and protection.
Over the last 68 years, India has developed one of the fastest growing economies in the world. In the wake of such dynamic growth, however, India has also observed rapid urbanisation and widespread industrialisation, accompanied by various environmental concerns requiring immediate action.
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