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10/3/2016 12:20 PM CT
Dear Business Law Section Members,
While I always want to be sensitive to not overwhelming email in-boxes with messages from our Section, I am passing along the below message from ABA President Linda Klein because of the critically important issues the message is addressing, and because the Business Law Section's mission calls upon each of us to serve the public. Please join me in responding to President Klein's request to promote voting and support veterans.
William D. Johnston
Chair, ABA Business Law Section
9/28/16 2:40 PM CT | Author: ABA Membership and Marketing
That's Virginia lawyer Phillip Stone's mantra. He brought Sweet Briar College back from the brink of closure and is reviving another southern institution using his experience building a successful law practice. Hear how he breathes life into dying institutions during 10 Questions Live.
9/16/2016 9:48 AM CT
The evolution of consumer financial services (CFS) laws and regulations can leave even the experienced consumer finance lawyer feeling overwhelmed. This annual in-person educational institute is designed to expose practitioners to key areas of CFS law, whether you are new to the world of consumer finance or simply need a refresher.
9/14/2016 10:38 AM CT | Author: Jeff Kelton, Section Membership & Marketing Specialist
Don’t forget to register for our upcoming In The Know CLE webinar—it’s free for ABA Business Law Section members! You’ll hear from two of the premier speakers in the United States on these developments.
8/31/2016 10:03 AM CT
We’d like to introduce you to our incoming 2016-2017 Chair, Bill Johnston. We’ve asked him to participate in this issue’s Leader Spotlight to share his experiences when he was once a law student and how the ABA has helped him. Enjoy!
8/24/16 10:02 AM CT | Author: Jeff Kelton, Section Membership & Marketing Specialist
The importance of board diversity – boards that are diverse in skills, background and experience as well as gender, race and tenure – and the related topics of board composition and board refreshment, have been a focus of governance advocates, investors and corporate boards for many years. While some skeptics view board diversity as a soft issue rooted in a social justice agenda, recent research by leading institutions is evidence that diversity in the boardroom, as well as on the senior management team, is correlated with better company performance and that diverse boards may be less susceptible to “group think” and other cognitive biases that can develop on boards with too much homogeneity.
8/15/16 2:00 PM CT | Author: Jeff Kelton, Section Membership & Marketing Specialist
Freedom of contract is the principle that individuals and entities may form contracts which incorporate their agreed terms without government interference. This principle is consistent with the parties' expectation that their agreed terms will be enforced by the courts. The Bankruptcy Code includes certain provisions that void the parties' agreed terms related to the right to terminate the contract under certain conditions.
7/29/16 9:55 AM CT | Author: Introduction by Michael Vargas
Benefit corporations, a corporate form that aligns the business with a social mission, are the new kid on the corporate scene. Some lawyers and scholars think it is a fad that will eventually die out, but the trend lines tell a different story. Thirty-one states have passed benefit corporation statutes in just the past five years, including in Delaware. Consumers are choosing socially responsible alternatives to everything from the products they consume to the services they procure. Established mega-businesses like Clorox and Amazon are being forced to compete with socially responsible startups. Young entrepreneurs and MBA grads are looking for a businesses and work environments that offer value beyond just a paycheck. More of our clients are asking about it, and more are electing to found their companies using this corporate form. And the trends suggest that this is only the beginning.
7/18/16 8:05 AM CT | Introduction by Steve Middlebrook
The Department of Homeland Security is proposing to collect social media account information from people crossing the border. In a very short, very cryptic, Federal Register announcement, U.S. Customs and Border Protection (CBP) has given notice that it intends to modify several forms which foreigners are required to fill out before entering the country to collect information on travelers' social media presence. 81 Fed. Reg. 40892 (June 23, 2016). The proposal is disturbing because while it significantly impacts expressive activity, the agency's proposal, barely a page and half long, fails to address a number of legal issues, including implications for the First Amendment.
7/14/16 9:05 AM CT | Author: Rick Paszkiet, Content Development Manager
Welcome to Content Corner! Below is a list of the exciting content that the Section has produced in June.
7/13/16 10:28 AM CT | Author: Introduction by Michael Reed
“It’s pretty silly. Congratulations Bethesda. You won. You beat us. You showed us who’s boss,” remarked Jordon Maron, founder of the indie video game developer Xreal, in a video response to a cease and desist letter issued to him demanding he change the name of his latest project. “We’ll make sure that people do not think that our game is part of the Fallout franchise. This wasn’t the goal from the start. And, whelp, we’ll change it…”
7/11/2016 11:40 AM CT | Author: Jeff Kelton, Section Membership & Marketing Specialist
This webinar will focus on Financial Technology (“FinTech”) companies, including marketplace lenders, and the legal issues facing those companies. The FinTech industry has grown dramatically over the last few years. This success has brought about an increased regulatory focus at both the state and federal level. This webinar will include an overview of the FinTech industry, an explanation of the typical FinTech business model, and a high level walkthrough of the major regulatory issues facing this industry.
7/7/16 9:33 AM CT | Author: Jeff Kelton, Section Membership & Marketing Specialist
Several of our 50 substantive Committees produce newsletters featuring relevant news, articles, and important updates that are emailed periodically to their respective Committee members.
7/6/16 9:05 AM CT | Author: Introduction by A.J. Bosco
The White-Collar Crime Committee is proud to present the mini-theme for this issue of “Business Law Today.” We are one of the newer Business Law Section committees but also one of the faster growing ones. Since the beginning of 2015 our membership has increased by more than 30 percent. Targeted outreach, better opportunities for committee participation, new subcommittees, our committee newsletter and great meetings have help propel that growth.
6/30/16 9:05 AM CT | Author: Introduction by Brian T. Sumner
At its origins, “compliance” is about the rules that govern behavior and expectations – from governments, employers, industry regulators, and others. Compliance focuses on how we communicate such rules, how we comply with them, and what we do when we violate them. The conflicts of laws that dot the legal landscape (in some cases more severely than in others) flow down to the discipline of compliance, and we as “compliance” practitioners wrestle with those conflicts.