New rules on short sales Oct 3, 2009
In draft regulations released by Corporate Law Minister Chris Bowen, the Government will keep in place interim disclosure rules that have operated since last November, which require brokers to report clients' short-selling to the Australian Securities Exchange. Under this system, the ASX publishes a report of the volume of short-selling in individual stocks each morning for the previous day's trade. (Sydney Morning Herald -- Business)
Australia Overhauls Short Sale Rules, Requires Positions to be Reported Oct 2, 2009
Oct. 2 (Bloomberg) -- Australia will require short-sale positions to be disclosed to the nations market regulator from April, according to draft rules released today by the Minister for Financial Services, Superannuation and Corporate Law. Short sellers will have to report their positions to the , according to an e-mailed press release today from Minister office. (Bloomberg -- Australia & New Zealand)
Circumpacific Energy Corporation: Press Release Oct 1, 2009
Circumpacific asserted that the protocols demanded by Drillsearch are contrary to the basic tenets of Canadian corporate law, and are wholly inappropriate. Circumpacific also notes that. (CCNMatthews Press Releases)
Smart-Tek Appoints New Director and Issuance of Shares Under Marketing Partner Agreement Sep 30, 2009
Mr. Naccarato is a member of the California State Bar Association, the Orange County and the Los Angeles County Bar Associations and their respective corporate law sections. Mr. Naccarato has a J.D. from Western State University, an MBA from DePaul University and an undergraduate degree in accounting from Northern Illinois University. (CCNMatthews Press Releases)
As practicing law becomes a riskier bet, students must do more Sep 30, 2009
Pre-law students generally consider the hundreds of thousands of dollars that go into a legal education as an investment into their futures that will be repaid rather quickly once they are in the high-paying corporate law professions. It is also widely believed that a diploma in law can almost guarantee work due to the broad range of professions that degree pertains to. (The Loyola Greyhound, MD)
Executive hedging: insurance or infidelity? Sep 26, 2009
For a large number of companies it's really unclear, it's murky, as to what's going on with these sorts of financial arrangements,'' said Ian Ramsay, director of the Centre for Corporate Law and Securities Regulation at the University of Melbourne. There is absolute legitimate shareholder concern about some of those arrangements. (Sydney Morning Herald -- Business)
More Angry Investors Say, Throw the Boards Out Sep 23, 2009
"They've seen some really high compensation packages and wonder if it really takes $50 million a year to motivate someone," says Ken Suelthaus, vice chairman who handles Mvity and corporate law at Polsinelli Shughart. Indeed, about 60% of the directors facing the biggest opposition from voting shareholders were those who sat on compensation committees, Fenn noted. (Time.com)
McKenna Long & Aldridge LLP Announces Launch of 'Pay to P00000CF8lay' Blog Sep 23, 2009
The firm provides business solutions in the areas of political law, public policy and regulatory affairs, government contracts, environmental regulation, international law, corporate law, intellectual property and technology, complex litigation, real estate, energy and finance. To learn more about the firm and its services, log on to. (PR Newswire)
Haynes and Boone remembers the Alamo Sep 23, 2009
Haynes and Boone is a corporate law firm with offices worldwide, including the Alamo City. The Daughters of the Republic of Texas was chartered in 1895 to preserve the memories of the men and women who died at the hands of Mexican Gen. Santa Ana. (Dallas Business Journal, TX)
Suicide rumours led to short-selling ban Sep 22, 2009
"During this period we received a slew of accounts of what is now known as 'rumourtrage' ... combined with targeted short selling, which showed just how dislocated from normal functioning the market had become both globally and here in Australia," the then minister for corporate law, Nick Sherry, said. On Monday, September 22, the Government and its regulator, the Australian Securities and Investments Commission, imposed a complete ban on short-selling. (Sydney Morning Herald -- Business)
IAN VERRENDER Sep 19, 2009
Twas the night before new year and all through the house, not a creature was stirring, not even a mouse". Friday July 03, 2009 Celebrations were premature. The hangover from the financial crisis has yet to work its way into the suburbs and on to the factory floor. Thursday July 02, 2009 The fortunate few who attended the Inter-Continental Hotel with a preconceived vision of Mr Snowball had a surprise in store. Wednesday July 01, 2009 Last night, the four-decade-old tradition of negotiating iron... (Sydney Morning Herald -- Business)
Kevin Kim defeats five by visiting 4,500 homes Sep 18, 2009
After a corporate law career that included founding his own firm, Yoon Suh & Kim, he became deputy director of community affairs for Ackerman, quitting when he decided to run for office. Kim says working in the private sector has led to a strong belief in public-private partnerships, such as the Adopt-A-Highway program and his time spent in public service, has shown him that for the community as well as the individual, economic success is just not enough. (Queens Chronicle, NY)
Baucus Bill Imposes Additional Tax Burdens on Nonprofit Hospitals Sep 17, 2009
The firm also offers employee benefits counseling, corporate law counseling, political activity law counseling, white collar defense, and complex civil litigation services. SOURCE Caplin & Drysdale. (PR Newswire)
A Plea For Financial Calm Sep 16, 2009
This is corporate law, not constitutional. It is illegal for them to buy/sell your debt back and forth. (CBS News)
Economists are calling for major reform while we still have the opportunity. Sep 15, 2009
Certainly, we are not interested in a big review,'' Corporate Law Minister Chris Bowen told The Age earlier this month ... Ian Ramsay, corporate law professor at Melbourne Law School, says Macfarlane's argument again highlights the need for a review of the financial system. (Sydney Morning Herald -- Business)
Atlanta lawyer, 93, dies Sep 12, 2009
Goldstein served as chairman of the Committee on Corporate Laws of the American Bar Association when it adopted the "Revised Model Business Corporation Act" in 1986 ... He was one of the great forces and leading authorities in American corporate law for years, where his work leaves an enduring influence. (Atlanta Journal-Constitution -- Metro)
Six Dems vie for Dist. 19 seat Sep 11, 2009
After a corporate law career that included founding his own firm, he went to work for Ackerman, experience he says that prepared him to become councilman. Debra Markell, 49, points to her experience working as a community board district manager and for the mayor s Community Assistance Unit as reasons to vote for her. (Queens Chronicle, NY)
Art II now flying solo as Steelers begin quest for No. 7 Sep 10, 2009
It is the reason, he tends to joke, he went to law school at Duquesne University and became an attorney who specializes in corporate law. His grandfather, Art Rooney Sr., the late founder of the Steelers, told him, "All we do is spend time with lawyers. Why don't you become a lawyer?" So he did. (Pittsburgh Post-Gazette, PA -- Sports)
NIRI San Diego Presents: 'Seeing in the Dark: Shining a Light on 'Hidden Trading' and the New Liquidity' Sep 3, 2009
NIRI San Diego Presents: 'Seeing in the Dark: Shining a Light on 'Hidden Trading' and the New Liquidity. Text hiding to spacing. (PR Newswire)
Greenberg Traurig Expands its Los Angeles Office With the Addition of White Collar Litigation Shareholder, Jan Handzlik Sep 1, 2009
He has served as an independent monitor of corporate law compliance with the FCPA and US securities laws. Earlier, Handzlik prosecuted federal fraud cases as an Assistant United States Attorney in Los Angeles. (PR Newswire)
Party desires prevail over capitalism Aug 31, 2009
The niceties of corporate law do not apply. Du and Zhang have allies sprinkled through the provincial and central governments. (Sydney Morning Herald -- Business)
Fish & Richardson closing Austin office Aug 29, 2009
Fish & Richardson's practice areas include intellectual property, litigation, and corporate law. The firm has more than 450 attorneys and technology specialists in 11 offices in the United States. (Dallas Business Journal, TX)
Plaintiffs Firms Show Support for SEC Shareholder Rights Proposal Aug 27, 2009
In , the seven corporate law firms not to adopt the proposal and, if it did, to be "to be cautious in implementing what all participants in this debate acknowledge will be one of the most significant rule changes in SEC history". The defense firms said they did not support requiring companies to allow shareholder nominations. (Law.com)
Foxwoods casino owner is seeking to restructure its debt Aug 27, 2009
It might be posturing, but the tribe is indicating that it might put itself, the equity holder, ahead of the debt, ignoring corporate law, said Klatzkin. It probably won t happen, but if it does, who s to say other tribes don t say, If Foxwoods doesn t need to meet its US legal obligations, maybe I don t either. (Boston Globe)
Did Bank of America Waive Attorney-Client Privilege in Merrill Bonus Flap? Aug 26, 2009
Gillers adds that it would be difficult, if not impossible, to find a corporate lawyer whose firm hadn't reaped some fees from BofA and Merrill since 2007. We called Pierce, who told us he can't remember ever being asked to submit an affidavit as a corporate law expert before. (Law.com)
Bipartisan Policy Center Announces New Credit Rating Agency Task Force Aug 25, 2009
Donald Langevoort is the Thomas Aquinas Reynolds Professor of Law at Georgetown, where he teaches in the areas of securities regulation, corporate law and contracts ... Jonathan Macey is the Sam Harris Professor of Corporate Law, Corporate Finance and Securities Law at Yale Law School, and Professor in the Yale School of Management ... He is the author of several books including the two-volume treatise, Macey on Corporate Laws. (PR Newswire)
Reporting reforms to save business $800m Aug 25, 2009
Simpler company reporting reforms being rolled out by the federal government will save business close to $800 million a year, Corporate Law Minister Chris Bowen says. The government released new Standard Business Reporting (SBR) taxonomy and tools on Tuesday so that software developers can begin building programs for their business and accounting systems. (Sydney Morning Herald -- Business)
Why the Hardie finding will be good for corporate governance Aug 21, 2009
You don't need to be an expert in corporate law to work that out. Source. (Sydney Morning Herald -- Opinion)
• Group wants Idaho attorneys to volunteer more time Aug 17, 2009
The Idaho Pro Bono Commission hopes to encourage attorneys employed in the public sector and in large private and corporate law firms to adopt volunteering policies. Sixth District Magistrate Rick Carnaroli, a member of the group, said that volunteering is good public relations, and that it also allows Idaho lawyers to live up to their oath to "contribute time and resources to public service.". (Burley South Idaho Press, ID)
Terra Firma Capital Corporation Announces New Officer Appointments Aug 15, 2009
Before joining Torys LLP, Mr. Levy practiced securities and corporate law at other major law firms in Toronto and Boston. Mr. Levy was admitted to the bar in Ontario in 2004 and in Massachusetts in 2001. (CCNMatthews Press Releases)
Old boys' network rules the boardroom Aug 13, 2009
The "Diversity on Boards of Directors" report was commissioned by the former minister for Superannuation and Corporate Law, Nick Sherry, ahead of a March 2009 meeting of the Ministerial Council for Corporations. The minister expressed concern that Australian boards were largely composed of men with similar ethnic, education and professional backgrounds. (Sydney Morning Herald -- Business)
Cossette provides update on its shareholder rights plan Aug 13, 2009
As a matter of corporate law, the TSX's policies do not affect the validity of the Rights Plan or the rights issued thereunder and the Company's Rights Plan remains in full effect notwithstanding the TSX policies of deferring its review. As previously announced, the Rights Plan will not prevent an offer made to all shareholders for all of their shares and is designed to prevent a creeping takeover of the Company and preserve its ability to obtain the best value for all shareholders. (PR Newswire)
Doliner chairs ABA business law section Aug 13, 2009
Doliner practices in the areas of corporate law, mergers and acquisitions, and corporate governance. His experience includes transactions involving manufacturing companies, software and technology companies, joint ventures and acquisition of financially troubled businesses. (Tampa Bay Business Journal, FL)
CCR - Results for the 2nd Quarter of 2009 Aug 13, 2009
Unless otherwise stated, all financial and operating data herein are presented on a consolidated basis in Reais (R$) pursuant to Brazilian Corporate Law and all comparisons refer to 2Q08 and 1H08. The results of Renovias and RodoAnel Oeste were incorporated into CCR as of June 2008 and December 17, 2008, respectively. (PR Newswire)
Who are the 'Best Lawyers'? Aug 12, 2009
J. William Callison, corporate law, nonprofit/charities law, tax law ... Blair Lockwood, corporate law, M&A law ... Douglas Wright, corporate law, M&A law, securities law. (Denver Business Journal, CO)
Watchdog chases chickens Aug 12, 2009
Corporate Law Minister Chris Bowen plans to "proceed ... Today in Business Story Tools Penfolds Grange topped the list of the top 50 wines Australian's like to cellar. The epidemic of "busy-ness" that has crept into Australian family life is creating a generation of unhappy kids, says psychologist Timothy Sharp. What is good men's jewellery and how should it be worn? How much is too much? Roger Federer has undergone not only a tennis journey but a sartorial one as well. Readers' most viewed Top... (Sydney Morning Herald -- Business)
Singapore Will License More International Law Firms, Won't `Turn Back' Aug 11, 2009
Aug. 11 (Bloomberg) -- Singapore, which allowed six foreign law firms to practice local corporate law in December, will award more licenses as soon as next year if that would help the economy, Law Minister said ... London-based Herbert Smith LLP and Los Angeles-based Latham & Watkins LLP were the other successful applicants from the 20 firms who bid for a license to practice corporate law and employ locally qualified lawyers in Singapore on Sept. 15, the day Lehman Brothers Holdings Inc. filed... (Bloomberg -- UK)
Success follows Rhodes sisters Aug 11, 2009
Berna set out to work in corporate law and was senior counsel for a major healthcare organization before moving to the highly respected firm of Holland and Heart in Las Vegas where she represents businesses. She doles out day-to-day legal advice and specializes in corporate structuring and mergers and acquisitions. (Terrell Tribune, TX)
Hitting the blocks, books Aug 10, 2009
isn't sure if he wants to practice criminal law or corporate law. He probably still has between three and five years to decide. (Albany Times Union)
Sotomayor sworn in to Supreme Court post Aug 10, 2009
She attended two Ivy League schools, worked as a prosecutor in the office of the Manhattan district attorney, and then left for a stint at a corporate law firm. Throughout the 1980s, she became increasingly engaged in civic life, joining the board of the Puerto Rican Legal Defense and Education Fund and winning appointments to the New York City Campaign Finance Board and the board of the State of New York Mortgage Agency. (San Francisco Chronicle -- Politics)
Nevada Opera Association Appoints New General Director Aug 6, 2009
Ms. Hoffman founded a Silicon Valley law firm, Hoffman and Kazubowski, which she managed for more than 20 years, specializing in business start-ups, reorganizations, mergers/acquisitions and corporate law. She served as corporate counsel for profit and non-profit corporations, and sat on Boards of Directors for non-profit and for profit corporations. (Yahoo! Wire -- Entertainment News)
GMX Resources Inc. Announces Letter of Intent With Kinder Morgan for Interest in Pipeline; Reports Second Quarter 2009 Financial and Operating Results and Guidance; and Announces Resolution of SEC Comment Letter Aug 4, 2009
" GMXR Second Quarter 2009 Earnings Conference Call GMXR has scheduled a conference call for Tuesday, August 4, 2009 at 10:00 a.m. CDT (11:00 a.m. EDT) to discuss second quarter 2009 financial and operating results. To access the call, dial 877.795.3647 or 719.325.4907 before the call begins. A replay of the call will be available after 2:00 PM, August 4, 2009. To access the replay, please dial 888.203.1112 or 719.457.0820 and reference passcode 1340685. The corporate presentation being used for... (Primezone Releases)
Rules block access to super in time of crisis Aug 3, 2009
Its director, Maree OHalloran, has written to the Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen, asking him urgently to review the rules. Ms OHalloran says unemployed people can meet the hardship provisions for early release of superannuation only once they have received a Centrelink payment continuously for six months, or if aged over 55 years and nine months, for almost 10 months. (Sydney Morning Herald -- Australia)
Need public option (9) Aug 2, 2009
Corporate law creates corporate purpose and that purpose is to operate in the interest of shareholders, to make money and failing this duty, directors and officers can be sued by the shareholders. No mention is made of responsibility to the public interest. (Green Valley News & Sun, AZ)
Embraer Releases Second Quarter 2009 Results in US GAAP Jul 31, 2009
In order to better understand the Company's operating performance, additional information is also presented at the end of this release, in accordance with Brazilian Corporate Law ("Brazilian GAAP"). This document may contain forward-looking statements regarding circumstances or events yet to take place. (PR Newswire)
Charity stops at home for business Jul 31, 2009
But the University of Melbourne corporate law expert Ian Ramsay was cautious about forcing people to disclose their reason for accessing the register, and giving companies the right to refuse access to the details of their shareholders. There;s some real issues about what you mean by proper purpose, and who decides what a proper purpose is,;; Professor Ramsay said. (Sydney Morning Herald -- Australia)
Elders is doing all the right things to get itself back on track. Jul 31, 2009
The advisory committee counts the likes of ASIC deputy chairman Jeremy Cooper and University of Melbourne corporate law doyen Ian Ramsay as members and its report yesterday sensibly suggested better disclosure of margins loans by directors and key executives, and tighter controls on share trades in blackout periods, ahead of profit results mainly. But its recommendations on rumour-mongering the deliberate spreading of false and misleading information in the market underlined that it is... (Sydney Morning Herald -- Business)
Phone-tap plan to halt rumourmill Jul 31, 2009
The proposals came from the Government s Corporations and Markets Advisory Committee, which was asked by then corporate law minister Nick Sherry in November to investigate four aspects of market integrity ... CAMAC handed its report to Corporate Law Minister Chris Bowen last month, and it was released yesterday. (Sydney Morning Herald -- Business)
Attorney keeps death tax at bay Jul 30, 2009
Two years later, he accepted a position as an in-house counsel for the state of Texas in the Department of Protective and Regulatory Services, where he provided legal assistance on labor and employment issues and corporate law. In 1999, Spahn became a legal counsel for the National Rifle Association s charitable foundation and moved to Birmingham, Ala. (San Antonio Business Journal, TX)
Meet Hampton's new beach queen Jul 28, 2009
She hopes to go to law school afterward to study corporate law. Currently, she looks forward to using her crown as a tool to bring about positive change at Hampton Beach. (Seacoast New Hampshire)
Monitoring program data and internal controls for risk management Jul 24, 2009
data from the corporate law department. On the other hand, however, just about everyone will need access to internal portals or email. (Search Security, MA)
Crawford & Company Chosen to Participate in Minority Legal Internship Program Jul 24, 2009
Urbina recently completed his first year of law school, finishing in the top 10 percent of his class, and is interested in practicing corporate law when he graduates from law school. About Crawford. (PR Newswire)
Ex-GM general counsel rejoins Jenner & Block Jul 21, 2009
He will practice in the firms corporate law department. Mr. Osborne was previously a senior partner and chair of Jenner s corporate department before joining General Motors in 2006. (Crain's Chicago Business)
Plan bee gives lift to stung investors Jul 21, 2009
Chris Garnaut, a financial adviser and member of the growers' committee, applauded the outcome but said he would press corporate law minister Chris Bowen to change laws governing managed investment schemes. Source. (Sydney Morning Herald -- Business)
JSE probes claim of secret Cipla clause Jul 20, 2009
Willie Coetzee, a partner in commercial and corporate law at Shepstone law firm, said he would not comment on this specific case because he was not privy to the details, but as far as the law was concerned, there was no requirement on the company to disclose information of contract clauses. "Even if it is a public company, all the company is required to do if it is in contract negotiations (is that) it must issue a warning," said Coetzee. (Business Report, South Africa)
Super body wants 12% guarantee Jul 19, 2009
IFSA's move follows the appointment of Chris Bowen as Superannuation and Corporate Law Minister, replacing Nick Sherry, and comes as the super system review committee begins its year-long examination of the sector. The review headed by former Australian Securities and Investments Commission deputy chairman Jeremy Cooper is examining such issues in super as fees and commissions, complex disclosure and default funds. (Sydney Morning Herald -- Business)
Weil Gotshal Asks Law Firm's Summer Hires to Defer Start Dates Until 2012 Jul 18, 2009
Control has moved from law firm partners, who traditionally raised their rates every year, to the heads of corporate law departments, who demand that firms perform more efficiently and cheaply. Weil Gotshal represents and in Chapter 11 bankruptcy cases. (Bloomberg -- US)
Lex Mundi Publishes Best Practices in Preventing Fraud and Corruption in a Global Business Jul 17, 2009
E. Leigh Dance, President of ELD International, Inc., who helped develop these best practices, commented, "Corporate law departments spend a great deal of time and focus on reducing the risks of corruption and fraud for their organizations wherever they are active. It is a demanding task in light of rapid global expansion and the wide range of cultures and business practices affected by regulation. The costs associated with ensuring compliance globally are high, and too many corporate law... (Yahoo News -- Press Releases)
Energy Industry Icon Weighs in on Problematic US Renewable Energy Plan Jul 15, 2009
The tag along corporate law firms have done the same and well as all of the major consulting firms. These financial institutions, law firms, and consulting firms will be the short term financial winners as service providers for fees. (PR Newswire)
Firm switch echoes year later Jul 14, 2009
Before the merger, most of Dinsmore s Columbus attorneys were billing in the areas of intellectual property, litigation and general corporate law. With the addition, the firm added practice groups in real estate and construction law, health and medicine, workers compensation and labor and employment law, said George Vincent, managing partner in Cincinnati. (Columbus Business First, OH)
Timbercorp liquidators win more time Jul 10, 2009
Had the claim succeeded, liquidators may have had to seize and sell growers' trees to pay the rent because their expenses would have ranked ahead of payments to other creditors under Australian corporate law. However, Federal Court Justice Ray Finklestein ruled on Friday that the leasing obligations of Timbercorp, which were incurred before it collapsed, were not at this time expenses the liquidators must pay in priority to all other creditors' claims. (Sydney Morning Herald -- Business)
Not all's lost for market Jul 9, 2009
The exemption will help sub brokers to earn a bit more, as they will no longer have to remit service tax on sub brokerage, said Rohit Jain of Economic Laws Practice, a consulting firm specialising in corporate law and taxation. The move to exclude sub brokers from the service tax net comes at a time when high-profile brokers are partnering with individuals to increase reach and cut (business) start-up costs. (India Times)
California's Short-Term Debt Rating Will Be Upgraded Imminently, According to Robert Afshar of RAA Capital Jul 9, 2009
After earning a Bachelor of Arts from University of California, Berkeley and a Juris Doctor from University of San Francisco's School of Law, Robert Afshar practiced corporate law. During his tenure as an attorney, Robert authored several books that empowered consumers to handle routine legal matters on their own, without incurring attorneys' fees. (Yahoo News -- Press Releases)
Lex Mundi Admits New Member Firm for Panama Jul 9, 2009
A full-service law firm with strong domestic and international practices, the firm has more than 35 lawyers who cover 28 practice areas including capital markets, banking law, mergers and acquisitions, corporate law, regulatory work, government contracts, free-trade agreements, litigation, taxation, commercial transactions and antitrust ... Additionally, the firm has been instrumental in the drafting of key pieces of legislation in the areas of corporate law, tender offers, securities laws,... (Yahoo News -- Press Releases)
Law firms upset about discrimination Jul 8, 2009
NEW DELHI: The service tax imposed on legal services is actually limited to what is known as transactional practice done by corporate law firms ... The service tax imposed on legal services is actually limited to what is known as transactional practice done by corporate law firms. (India Times)
