The following article is a primer for non-lawyers in your company on how to use material adverse change ("MAC") clauses to your company's advantage. Because business people in your company may be more cautious about doing deals since Enron and WorldCom and other recent news-making events, the article explains the importance of the material adverse change ("MAC") clause in a deal document (1) to give your company (if a buyer) a vehicle to get out of a deal after having signed the agreement if the deal becomes unfavorable because of a change in the target company or (2) to give your company (if the seller or target) a way to lock in the buyer. This article will also help business people understand the importance of due diligence. The article is certainly not a substitute for personal advice from in-house counsel geared to the particular deal, but should help lay the groundwork for discussions.
This brief resource outlines helpful tips on how to select the correct international law firm for your company.
This survey is intended to be a reference guide of technology solutions currently being used by ACC Legal Operations members to support their legal function. The survey covered 22 different solution areas.
Learn about new e-commerce information obligations for 2022 for companies in B2C transactions in Germany.
Learn about new e-commerce information obligations for 2022 for companies in B2C transactions in Germany.
This Powerpoint training course helps recognize situations that raise insider trading issues and assists in dealing with these issues effectively. (Licensed for use in classroom settings only and not for distribution in any form.)
In this ACC Guide, in-house counsel will learn how to organize their physical and electronic records to create a more efficient legal environment. While automation can be challenging, there are many systems that departments can use to find success.
An overview of mergers and acquisitions in Europe in 2021.
In this edition, we report on the High Court’s decision in the ACCC v TPG case, in which TPG’s advertisements were ultimately held to be misleading and deceptive and the original $2 million penalty was reinstated. Another significant development this quarter was the release of the Australian Law Reform Commission’s Final Report on Copyright and the Digital Economy, which recommends the introduction of a flexible “fair use” exception to copyright infringement.
The confluence of legal apps, electronically stored information and a multigenerational workforce has encouraged more law firms to embrace technology. After all, who really wants the eyesore papers, files and manila folders when offices can easily turn paperless? Learn more about how technology can achieve efficiencies and cost savings for clients, as well as a better-managed and more fulfilling practice for outside counsel.
This ACC guide provides a Q&A that gives a high level overview of board composition, the comply or explain approach, management rules and authority, directors' duties and liabilities, transactions with directors and conflicts, company meetings, internal controls, accounts and audit, institutional investors and reform proposals in China.
All in-house counsel know how important it is to train employees on labor and employment law topics including Title VII, Americans with Disabilities Act Amendments, National Labor Relations Act and wage-and-hour. However, few have cracked the code on the how of training. What training techniques are impactful? What approaches have shown to increase knowledge retention? What are your colleagues doing to keep employees engaged in the training? This session offers a unique look at the newest trends and techniques in employee training.
Thousands of US auto workers went on strike in September 2023. Learn about the implications in-house counsel need to keep in mind for US employers and global businesses.
This course explains your responsibility to report suspected violations of the securities laws and how to do so through our company's internal mechanisms, externally to the Securities and Exchange Commission (SEC), or both.
On 27 July 2022, the Financial Conduct Authority (FCA) published a Policy Statement (PS22/9) and Finalised Guidance (FG22/5) setting out final rules and guidance on the new Consumer Duty (the Duty). The Duty sets higher expectations of the standard of care that firms give consumers.
A perspective on mergers and acquisitions in Europe in 2022 and 2023.
This articles shows how content theft sites and malware are exploited by cybercriminals to hack into internet users' computers and personal data in the United States.
Columnist Bob Feldman describes ABC Metals & Recycling Co., Inc. v. Highland Computer Forms, Inc. as a means of illustrating issues that may arise in drafting contracts between businesses and in setting prices.
As many can attest, it’s not easy to discuss business operations in Europe without first acknowledging EU data privacy laws. The latest regulation efforts will broaden the scope of ePrivacy legislation to increase protections for newer technologies. Here’s what to expect.
Learn about the implications of climate risk for the financial sector, financial risk, litigation, and greenwashing.
A list of "things" corporate counsel throughout the United Stats were glad they knew or wish they had known when they first started. Includes topics such as contracts, employment, intellectual property, litigation, and corporate dynamics.
Learn about key developments in Canadian IP law in 2021.
Have you ever received a surprise invoice from a software supplier issuing an audit that you mistakenly agreed to? If you haven’t, you will. In an effort to combat this growing trend, in-house counsel should modernize their software management processes, and negotiate the terms of any audit clause to protect both the business and the budget.
The information revolution is responsible for quantum leaps in productivity and economic prosperity, but a downside has been the rise in a whole new class of crimes. With 8 primary elements, the comprehensive privacy protection and information security program described in this article is centered on people, processes, and technical management that is standards-based whenever possible.
This article discusses the increase in the use of put and call options in M&A transactions, as a mechanism to address challenges to valuation.
This publication provides corporate counsel and international practitioners with comprehensive jurisdiction-by-jurisdiction guidance to laws and regulations relating to digital businesses around the world.
When selling finished products in the European Union, you are likely to encounter environmental product stewardship laws. These new regulations place an increasing liability on businesses to understand various EU standards that directly influence the supply chain. With an understanding of the practical ways in which this legislation operates, in-house counsel can better adapt to the future of product distribution under looming EU environmental regulations.
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