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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.

In-house lawyers for companies around the world are playing leading roles in providing proactive legal guidance to corporate clients on governance initiatives. This practice profile shares information on practices implemented at the following seven companies: Alvarion Ltd., Ballard Power Systems, General Motors Corporation, SAP AG, Sun Microsystems, Inc., Westpac Banking Corporation, and Woolworths Limited.

This article is designed to provide insights into notable data breaches that took place in Q2 2014 and identify trends with the objective of answering principal questions.

The Private Security Officer (PSO) Selection and Training Guideline has been written for both proprietary and contract security but is not intended to cover all aspects of selection
and training criteria for private security officers. It is intended to set forth minimum criteria that regulating bodies and companies in the United States can use to assist in recommending legislation and policies for the selection and training of private security officers.

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.

We’ve all been there — swamped, in a new job and not knowing where to start. Hear veterans tell their war stories and the top five things they did (or wish they did) in their first year in-house.

This article discusses new Swiss rules on insider dealing and market manipulation entered into force.

In this multi-jurisdictional guide, explore key issues in tax formats regarding the types of taxes imposed, allowed deductions, tax rates and withholdings, residency rules, tax compliance and tax treaties across a range of jurisdictions.

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.

AI poses uncharted problems in the areas of compliance, liability, intellectual property, product development, and antitrust. Increasingly General Counsel are called upon to guide boards, C-suites, co-workers, and the public through new ethical and legal complications about targeting customer sets, diligence on supply chain partners, personnel decisions, and risk. AI, and the politics around it, adds new layers of complexity to the very challenging role of the General Counsel.

ACC’s “2015 Top 10 30-Somethings” are passionate change-makers; always seeking opportunities to positively impact their companies, industries and communities. They face challenges like increased regulation and advancing technology with a calculated, patient stamina that many of them learned as athletes. Whether fighting corruption or advancing diversity in the profession, no goal is too far reaching for this group, especially considering the dedicated, talented teams that support them. Our winners may live and work around the globe, but they are banded together in their efforts to make it a better place.

In 2015, ACC received more nominations for its “Top 10 30-Somethings” honor than ever before. The 2015 class reflects the inspired competition and epitomizes ACC values: tireless innovation, love of practice and a genuine international perspective.

When those two words - Chapter 11 - loom imminently over your company, you may believe that you're well-prepared to press forward. But are you really as ready as you think you are? You will be after reading this article, which highlights the essentials of filing the forms, knowing the details and learning the new perspectives necessary to not only survive, but also succeed during a Chapter 11 proceeding.

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.

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.

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.

This guide covers common issues in project finance laws and regulations including security, bankruptcy, restrictions, insurance, and arbitration.

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.