December 17, 2014

Inside Business Law (Dec. 2014)

In the Know – The Business Law Section is Recognized!

The Business Law Section was recognized by the Center for Professional Development of the ABA for “Most Innovative Presentation” for our In The Know program from the Business Law Section's inaugural Annual Meeting. 

The free CLE program, which over 900 people attended, was presented in person at the Business Law Section Annual Meeting in Chicago and simultaneously webcast. The program was titled “Ethics Basics for Business Lawyers,” and was designed to assist good business lawyers who might have little time or inclination to study the ethics rules to spot issues and seek help where appropriate. 

Section members may continue to access the program materials and video recording of this program here

In The Know is an exclusive Business Law Section member benefit. Earn free business law CLE by attending these hot-topic webinars developed by industry experts. For additional details, archived programs, and to register for upcoming programs, please visit

“Member Get a Member” Campaign 

In the spirit of the season, give a colleague the gift of FREE ABA and Section membership! Send them to and they’ll receive FREE ABA and Section membership through August 31, 2015.  

By joining the ABA and the Business Law Section, they will receive:

  • An invitation to our monthly free CLE series In The Know
  • A subscription to our highly-regarded journal, The Business Lawyer
  • A subscription to Business Law Today
  • An opportunity to connect with other business law professionals through our 50 practice-specific committees 

Keep in mind, only lawyers and associates who have not been a member of the ABA during either the FY2014 or FY2015 are eligible for this offer. 

This is a limited-time opportunity to receive a FREE ABA and Section membership, so make sure you share with anyone interested in joining, or tell them to call 800-285-2221 and mention code ABAGIFT before January 31, 2015. 

If you have any questions about the campaign, reach out to our Associate Director, Adam Burling, at or 312-988-6692. 

Fall Meeting 

The Business Law Section Fall Meeting was held November 21–22, 2014, in Washington, D.C., at the Ritz-Carlton Washington. The Fall Meeting included committee meetings and CLE programs presented by the Business and Corporate Litigation Committee, the Career and Practice Development Committee, the Corporate Governance Committee, the Corporate Social Responsibility Law Task Force, the Employee Benefits and Executive Compensation Committee, the Federal Regulation of Securities Committee, the Government Affairs Practice Committee, the Institutional Investors Committee, the Law and Accounting Committee, the Legal Opinions Committee, the Middle Market and Small Business Committee, the Professional Responsibility Committee, and the Securitization and Structured Finance Committee. Written materials and audio recordings of each of the CLE programs can be found here.

Recent Committee Newsletters 

Many committees of the Business Law Section have recently published newsletters. 

The Fall issue of the joint newsletter of the Commercial Finance and Uniform Commercial Code Committees was published on November 20, 2014. The newsletter included reports, notes, news, and feature articles, including the following articles:

  • Recent Amendments to Delaware’s Entity Laws: Delaware Expressly Permits Future-Effective Written Consents by Directors and Liberalizes the Means of Revoking Dissolution of LLCs and LPs, Among Other Changes
  • What’s Market: 2014 Mid-Year Trends in Large Cap and Middle Market Loan Term
  • Expert Q&A on Developments in Board Authorizations Post-Verizon
  • UCC Spotlight 

The full newsletter of the Commercial Finance and the Uniform Commercial Code Committees can be found here

The Legal Opinions Committee published its Fall edition of its newsletter, In Our Opinion, on November 17, 2014. There were several items of note in this issue, including the first of two planned articles addressing opinions that relate to series LLCs. The newsletter also included an installment of “Litigator’s Corner,” an article that addresses the recent changes to Circular 230 (the Treasury Regulations known, if not loved, by all tax practitioners) and an article describing a potential trap involving the new Delaware legislation amending DGCL Section 228(c) relating to stockholder consents, but with a suggested solution. 

The Fall issue of In Our Opinion can be found here

The Cyberspace Committee published its December Newsletter on December 11, 2014. The newsletter includes registration information and highlights of the Cyberspace Law Institute and Winter Working Meeting to be held on January 23–24, 2015, in Charlotte, North Carolina, at the Omni Hotel. That meeting will include the following CLE programs:

  • Electronic Payments: Winnowing the Network and Avoiding the Shadows
  • Is Game Streaming Legal? A Billion Dollar Question
  • What Is Cyber Insurance Today?
  • Doing Business in a Post-Aereo World
  • Big Data and Foreign Law Considerations
  • Year in Review (with highlights on the bad news for patent trolls)
  • Breaking in through the Cloud 

You can find a copy of the agenda of the Working Meeting here and a full copy of the newsletter here

Join the Commercial Finance Committee, the Uniform Commercial Code Committee, the Legal Opinions Committee, or the Cyberspace Committee today to begin receiving committee newsletters and other relevant updates. Committee membership is free for Business Law Section members. 

2015 Spring Meeting 

Registration for the 2015 Business Law Section Spring Meeting is now open. The Spring Meeting will be held April 16-18, 2015, at the San Francisco Marriot Marquis and InterContinental San Francisco, San Francisco, California. Highlights include:

  • More than 65 CLE programs prepared and presented by practice-area experts
  • Up-to-the-minute topical sessions covering the latest business law issues relevant to your practice
  • Social events designed to facilitate networking with new contacts and reconnecting with friends
  • Hundreds of committee and subcommittee meetings addressing developments in all areas of business law 

Early bird registration can be found here, current schedules for the meeting can be found here, and travel and hotel information can be found here. We look forward to seeing you in San Francisco.