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You will need the latest version of
to view many of these files.
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Directors and Officers of Non-Profit Corporations Liabilities, Rights and Insurance
"Paper World" Analogies to Web Site Terms and Conditions: Travel Tickets and Other Similar Forms
Securities Litigation Against Third Parties: Pre-Central Bank Aiders and Abbetors Become Targeted Primary Defendants
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In 1994, the Supreme Courts decision in Central Bank v.
First Interstate Bank, 511 U.S. 164 (1994), ended aider and
abettor liability for Rule 10b-5 cases. The Private
Securities Litigation Reform Act ("PSLRA"), which
heightened the pleading standards in Rule 10b-5 cases, was
enacted the following year. Taken together, these two
events make claims against corporate advisors far more
difficult to plead and prove than pre-Central Bank, because
plaintiffs must now prove that those advisors are primary
actors who acted with scienter now required under PSLRA.
But that has not stopped plaintiffs from trying, nor should
it. Accountants, investment bankers, lawyers and lenders
all remain targets, particularly in the post-Enron
environment.
more
From "Securities Litigation Against Third Parties: Pre-
Central Bank Aiders and Abbetors Become Targeted
Primary Defendants" by Jay W. Eisenhofer and Cynthia A.
Calder, taken from the program "Third-Party Liability
in the Post-Enron Environment" presented by the
Committee on Business and Corporate Litigation during the
recent 2003 Section of Business Law Spring Meeting.
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Closing Opinions of Inside Counsel
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Inside Counsel is often in a position to render all or some
of the opinions required as a condition to closing. In
appropriate circumstances, delivery of an opinion of inside
counsel may reduce cost and avoid delay by eliminating the
need for outside counsel to familiarize itself with matters
already known to inside counsel or to duplicate work
performed by inside counsel in the course of employment.
More
From "Closing Opinions of Inside Counsel" by the
Committee on Legal Opinions in The Business Lawyer,
May 2003, pgs. 1127-1130. Reprinted by permission from
The Business Lawyer, Vol. 58, No. 3, May 2003.
Copyright 2003, American Bar Association.
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San Francisco "Extend Your Reach" Networking Series Programs in July
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How to Maximize Your Membership in the Section of
Business Law
If you live in the San Francisco area, we invite you to come
and learn about the many resources and opportunities
available to you through the ABA Section of Business Law.
Leaders of the ABA Section of Business Law will be available
before and after the presentation to meet with you one-on-
one to network and discuss specific opportunities.
Tuesday, July 29th
8:30 10:00 a.m.
Wilson, Sonsini, Goodrich & Rosati
650 Page Mill Road
Palo Alto, CA
Wednesday, July 30th
8:30 10:00 a.m.
Morrison & Foerster LLP
425 Market Street
San Francisco, CA
Admission is free but space is limited.
Send an RSVP indicating which program you will attend to arroyoz@staff.abanet.org no later than Friday, July 25th
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Special Mentoring Strategies Program at the 2003 Annual Meeting
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The Womens Business Law Network, along with the Diversity
and Business and Corporate Litigation Committees, will
present "Get it Right: Successful Strategies to
Make Mentoring Work" during the upcoming 2003 ABA
Annual Meeting in San Francisco on Friday, August 8, 2003
from 10:30 a.m. to 12:30 p.m. in the Pavilion Room, Lobby
Level, Fairmont Hotel.
The panel, moderated by Hilary Ware of Heller Ehrman (San
Francisco), will include attorneys from private firms, non-
profit organizations and corporate law departments. The
panelists will discuss effective mentoring from the
perspective of establishing and maintaining such
relationships both institutionally and personally. In
addition, the program will also address mentoring across
racial and/or gender lines as well as the reasons why
mentorship is needed throughout ones entire career.
To register for the 2003 ABA Annual Meeting, click
here.
For more information about Section of Business Law
programs/activities at the 2003 ABA Annual Meeting, click
here.
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Upcoming Meetings
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2003 ABA Annual Meeting - San Francisco - August 7-12
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Mark your calendars! The 2003 ABA Annual Meeting will take place August 7-12 in San Francisco, CA. The Section of Business Law will be headquartered at the
Fairmont Hotel, 950 Mason Street, Nob Hill. The Annual Meeting will give you the opportunity to attend 40+ information-packed Business Law CLE sessions, and participate
in your choice of 200+ committee and subcommittee meetings. Committee meetings allow you to network with colleagues who share your interests and concerns, and get
updates on current trends, developments and solutions from the leading authorities in your specific practice area. Your registration fee of $275
plus your purchase of a Business Law CLE Passport at $175 will give you unlimited access to all 40+ Business
Law Section CLE programs held at the Fairmont Hotel, as well as special reciprocal access to CLE programs presented by the Antitrust Law Section, the International Law
Section and the Section of Real Property, Probate and Trust.
To learn more about the ABA Annual Meeting or to register, click here
If you plan to register, remember to save money by purchasing a
Section of Business Law CLE Passport!
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