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“Pro Bono Publico” is a Latin phrase meaning “for the good of the public.” The phrase has come to refer to something done or donated without charge, especially with respect to legal representation. Every year the nation celebrates National Pro Bono Week. Pro Bono Week was started over eight years ago by the Standing Committee on Pro Bono of the American Bar Association.
Judge Catherine Peek McEwen provides ideas for how judges can participate in pro bono initiatives, whether hands-on or in promoting, supporting, or recruiting pro bono service. The article also includes a “how-to” for organizing a judicial pro bono summit.
As part of a continuing trend over the past few years, investment adviser cybersecurity safeguards are among the SEC and FINRA’s examination priorities for 2017. The past 12 months have also seen important state-level milestones for cybersecurity generally, with New York’s recently enacted cybersecurity regulations. This article provides guidance on cybersecurity requirements of investments advisers under the Investment Advisers Act and certain state regulations, and recommends “best practices” for such advisers to minimize the risk of cyber attack.
Charities often find themselves more engaged in advocacy activities during periods of significant political shifts. As a result, it is more important than ever that advisors to nonprofits understand the range of advocacy-related activities organizations can conduct, and the considerations organizations must take into account when conducting those activities. This article provides an overview of the most common advocacy activities charities conduct, and the issues with those activities that could endanger an organization’s federal tax-exempt status.
This article provides a primer for business lawyers working with nonprofit organizations, in a volunteer or other capacity, who are considering collaborating or combining with other nonprofit or for-profit organizations. Authors Bishop and Amundsen identify key legal and business concerns and traps for the lawyer who does not regularly work in the nonprofit sector.
Appraisal litigation is increasingly one of the primary post-closing threats facing acquirers of Delaware corporations. As a result, corporate practitioners have become keenly focused on appraisal decisions from the Delaware courts, particularly those involving the courts’ consideration of the deal price as potential evidence of fair value. Two recent decisions of the Court of Chancery — In re Appraisal of PetSmart, Inc. and In re Appraisal of SWS Group, Inc. — address this very issue and will add to the growing number of cases providing guidance regarding when deal price will be used as a reliable indicator of fair value.
As a teen, Donald Maurice helped with his family’s construction and land development company. Out in the hot sun, he’d spend hours pounding nails, sawing boards, as part of a team building houses. It was the perfect beginning for his legal career, in which he began as a land use attorney. But this was the mid-1980s, and the savings and loan crisis quickly transformed him into a financial services attorney. When that crisis resolved, his career continued to evolve in this practice area. Now, he helps manage a 30 plus attorney law firm, Maurice Wutscher, with offices in 16 states. He’s a regular contributor to his firm’s blog, hosts webinars, and gives speeches throughout the country on consumer and commercial finance laws.