ABA Section of Business Law
Beyond the millennium, I
A savvy group talks about how securities laws may evolve
By By JAMES D. COX and EDWARD F. GREENE
What should the content of these laws be in the future? What about the authority of the SEC? And where does that Aircraft Carrier release fit in? Will exchanges and alternative trading systems take off in the new millennium? A panel of experts in securities law prognosticates about where we might be heading.
Beyond the millennium, II
Its been 100 years since Delaware took the forefront in corporate law:
Whats next?
By LAWRENCE A. HAMERMESH
A symposium of those who are well versed in Delaware corporation law get together and talk about where things are headed after the first hundred years since the state enacted the Delaware General Corporation Law. What are the broad trends and where are they leading?
Beyond the millennium, III
How the Section will meet the future
By MICHAEL E. FLOWERS
The fat cat in the hat
A tale of banks, bankers and regulators
By EDWARD C. BREWER III
What we have here is a poem and accompanying explanatory material on the effect of the DOench Duhme doctrine. It should be of interest to and amuse any lawyer who represents or opposes financial institutions. The doctrine, along with U.S. code, provides federal holder in due course status to the FDIC, bridge and successor banks and assignees of bank assets, after the FDIC has taken over a failed bank under the Financial Institutions Recovery, Reform and Enforcement Act.
Look before you lease
Pitfalls and opportunities in leasing business equipment
By BARRY S. MARKS and JAMES M. JOHNSON
So the company youre advising is about to lease a whole bunch of office equipment. What should they be looking for? What happens if the equipment doesnt work as expected? What about that early buy-out option? The authors suggest ways that the lessee can level the playing field with the lessor.
Its time to streamline opinion letters
The chair of a BLS committee speaks out
By DONALD W. GLAZER
The big question: Can opinion practice be codified? Opinion letters have become longer and negotiations have become more difficult. The chair of the relevant committee of the ABA Section of Business Law gives a bit of history of the issue and tells where reform is headed today. He says that the opportunity is here now to streamline.
Doing it right - overseas
Compliance programs take on new importance in a global economy
By KENNETH WINER
Lots of laws govern the international activities of U.S. companies. To be sure theyre doing it right, companies should be thorough with internal investigations, communicating standards, compliance programs and procedures.
Slicing it up
Should a majority owner sell a piece of the pie?
By FREDRIC D. TANNENBAUM
Does the businessman youre advising really want a partner? This is all about a majority owner selling minority interests. He or she has to weigh the risks inherent in sharing the business profits and losses.
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