LEGAL
Three resolutions for in-house counsel for 2015
It's that time of the year again: the time you'll make promises that you hope to follow through on, but likely won't. Still, it's an important ritual because it at least gives you the chance to set goals and evaluate your priorities – even if you never get around to completing them.
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Key issues in drafting indemnification clauses
Many agreements involving stock or asset purchases contain indemnification clauses. Often a contracting party may be tempted simply to cut and paste an indemnification clause contained in a prior contract. But few if any contract terms play a larger role in business litigation than indemnification clauses. As such, whether your company is the buyer or the seller, time spent tailoring your indemnification clause to the specific circumstances of your transaction is time well spent.
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Building a Foundation: A discussion with ACC's Jennifer Chen
We hear often about gender pay disparity, appropriate training for today's in-house leaders, and the necessity of pro-bono work. But just what is being done about it? The Association of Corporate Counsel (ACC) is working on just that with its new arm, the ACC Foundation, a 501(c)(3) non-profit organization. Corporate Counsel Connect spoke with the Foundation's Director, Jennifer Chen, on the plans for this important addition to ACC.
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M&A trends to watch for in 2015
The year 2014 brought many changes to the landscape of mergers & acquisitions, and general counsel must know how to capitalize on these changes, regardless of their industry. Shared here are three top trends that all corporate counsel should be prepared to face in 2015, and a little advice on how to best approach these developments.
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Google v. Oracle will have major implications at the Supreme Court
During the Supreme Court's last term, we got a landmark intellectual property case that held that an abstract idea isn't patentable simply because a "generic computer implementation" was added to it. This term, the Court may make another landmark IP ruling in Google, Inc. v. Oracle America, Inc.
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ROSCA limits on negative options; Harmonizing arbitration and other employee agreements; Proxy put
In 2014, the first ROSCA enforcement actions were filed against online retailers since it was signed into law in 2010. The ROSCA actions alleged improper use of negative options – do your negative options comply? Plus, read about the recent case that held a court may enforce a mandatory arbitration provision only if it is compatible with the dispute resolution clauses in prior agreements, and why "proxy put" provisions may start disappearing from loan agreements.
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Top 10 steps for effective contract management
While businesspeople often dismiss contract preparation as "lawyer's work" that has little or nothing to do with the important aspects of the working relationship between the contractual parties, contracting is actually one of the crucial activities in determining the success of any business arrangement.
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