ABCNY Seminar Will ExamineResponsibilities Of Corporate Counsel

Tuesday, August 1, 2006 - 01:00

The Association of the Bar of the City of New York (ABCNY) this month has scheduled a video replay of a CLE seminar titled The Role & Responsibility of Corporate Counsel: What Are Their Gatekeeping Obligations?

The program will take place on Tuesday, August 29 from 5 to 8 p.m. at the House of the Association, 42 West 44th Street, New York City.

A panel addresses whether, and to what extent, the role and responsibility of in-house and outside counsel is one of a gatekeeper, charged with a responsibility for preventing wrongdoing by their corporate clients. Among the issues to be addressed:

  • If and how in-house counsel - and outside counsel - can prevent misconduct & scandal, whether in smaller clients or the WorldComs and Enrons?
  • Who is their duty to: only to clients, or need they also take into account the public interest in averting fraud?
  • What is the impact of the Sarbanes-Oxley 'reporting up' rules?: Will they lead to a radical redefinition of the role of lawyers in corporate governance?
  • Can the lawyer-client-auditor relationship be adjusted to better achieve the goal of accurate public disclosures in public offerings?
  • The program chair is Thomas H. Moreland, Kramer Levin Naftalis & Frankel LLP. Among the speakers are Jill E. Fisch, professor of law, Fordham University School of Law; Susan Hackett, senior vice president and general counsel, Association of Corporate Counsel; Susan P. Koniak, professor of law, Boston University School of Law; Sheldon Raab, Fried, Frank, Harris, Shriver & Jacobson LLP, and Mark K. Schonfeld, regional director, Northeast Regional Office, SEC.

    For information on program fees and available CLE credits, see the Bulletin Board on The Metropolitan Corporate Counsel website at

    To register for the program, call (212) 382-6663 or visit