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Reining In Government Actions That Deter Self-Regulation -- A Question Of National Survival In The Global Competition
The Committee of Corporate General Counsel ("Committee") of the ABA Business Law Section presented a program on March 16 that included a panel entitled " New Commissions, New Recommendations: U.S. Capital Markets and Corporate Reforms." The panel discussed three reports ("the Reports") containing...
Read MoreSomeone's Taxes Are Going Up - Could You Be A "Pay For?"
Paying As It Goes - Congressional PAYGO The first step Congress takes when changing tax policies for the U.S. Government is the adoption of a budget resolution. The annual budget resolution sets targets, limits, and assumptions that guide and govern Congress during tax policy debates. The budget...
Read MoreSentencing A Corporation To Death - A Death Sentence For Self-Regulation?
Editor: Why do you feel that the relationship between government and the business community needs to change? Ide: The present Post-Sarbanes-Oxley era is a new day for corporations - with good progress in corporate self-governance, but also with misguided intrusions into governance by criminal...
Read MoreCompensation:The SEC's New Form 8-K Requirements
On January 27, 2006, the Securities and Exchange Commission proposed extensive new disclosure rules for executive and director compensation and other corporate governance matters. While the vast majority of the changes impact proxy statement disclosure, the SEC also adopted complementary revisions...
Read MoreCross-Border Transactions And The Globalization Of Legal Services
The evolving global marketplace and the speed with which information, people and goods move across the globe continues to change the way businesses deliver services. As companies obtain goods and services from vendors in various countries, integrate them into their own products and services and...
Read MoreThe McNulty Memo - Much More Remains To Be Done The ABA Role In Protecting The Attorney-Client Privilege
Editor: What brought about the focus of the ABA on the Thompson Memo and the need to revise it? Ide: Confidentiality is a broader concept than the attorney-client privilege or work product doctrine. When I was general counsel at Monsanto, employees would come to me because they could have a...
Read MoreChina's Regulation Of Agricultural Biotechnology
China is the largest market for genetically modified ("GM") crops from the U.S.1 As of 2005, China had approved for importation and processing varieties of GM canola, corn, cotton, and soybeans to be insect-resistant, herbicide-resistant, or both.2 Since 2002, China has imported 20 million metric...
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