Section Newsletters

Articles on Corporate Law

Recent U.S. Supreme Court cases of interest to in-house counsel By Michael Todd Scott Corporate Law Departments, August 2001 Don King, as president and sole owner of his promotion company, was accused of conducting the corporation's affairs in violation of the Racketeer Influence and Corrupt Organizations Act (RICO).
Secretary of State Jesse White’s business legislation (Senate Bill 725), effective July 1, 2001 By Lin Hanson Corporate Law Departments, August 2001 1. There has sometimes been a problem that names chosen for not-for-profit corps tend to imply that the entity is for profit. Example: West Side Dental Clinic.
Single member LLC better than unincorporated business By Lin Hanson Corporate Law Departments, August 2001 Illinois' amended Limited Liability Company Act now permits single member LLCs.
Correction to the June issue Corporate Law Departments, July 2001 There was an error in the June issue of The Corporate Lawyer.
The elements of a non-disclosure agreement By Deborah Gordon & Joseph Collins Corporate Law Departments, July 2001 The Non-Disclosure Agreement (NDA) is an important safety measure for a party that is disclosing confidential or proprietary information to another in the course of discussing and negotiating a possible business relationship.
Internet court records could compromise client privacy but many believe the need for open, efficient courts outweighs that danger By Diana Digges Corporate Law Departments, July 2001 Should the embarrassing details of a messy divorce be readily available on the Internet to neighbors, friends and enemies?
Letter from the co-editors Corporate Law Departments, July 2001 Welcome to the first issue of The Corporate Lawyer for the 2001-2002 bar year. Another year has come and gone, but some things are staying the same.
Recent U.S. Supreme Court cases of interest to in-house counsel By Michael Todd Scott Corporate Law Departments, July 2001 In an 8-1 decision, the U.S. Supreme Court ruled that punitive damage awards must be reviewed on a de novo standard.
Employer size—it really does matter: counseling the small business client Corporate Law Departments, June 2001 Over the last quarter century, the "law of the workplace" has grown tremendously. Laws have been enacted at virtually every level of government--federal, state, county and municipal--protecting the rights of employees.
“If being a salesperson were a crime, would there be enough evidence to convict you?” By Linda Brakeall Corporate Law Departments, June 2001 You may think of yourself as a lawyer or an attorney, rather than a salesperson, but if you're not selling your services daily, chances are you won't be one for long!
Letter from the editor Corporate Law Departments, June 2001 We are still looking for readers who would like to contribute articles for publication.
Making “safe” the manufacturer’s hazard and safety risk analysis—steps a manufacturer can take to assure that product safety reviews do not themselves create liability By Gregory G. Thiess Corporate Law Departments, June 2001 Many industries and manufacturers today have begun to employ so-called "risk assessment" procedures or models into their day-to-day product design and development processes.
Subject index to substantive articles in volumes 36, 37 and 38 of The Corporate Lawyer Corporate Law Departments, June 2001 An in-house counsel's guide to dealing with cybersquatters --part I (ICCAN's Uniform Domain Name Dispute Resolution Policy)
Letter from the editor Corporate Law Departments, May 2001 We are still looking for readers who would like to contribute articles for publication. This is a great opportunity for our members to get involved in the ISBA and specifically the Corporate Law Departments section.
Rule 10b5-1: a new insider trading rule By Ned Othman Corporate Law Departments, May 2001 The SEC recently adopted Rule 10b5-1 regarding "insider trading." This rule affects how insiders and others in possession of "inside information" can avoid liability for illegal trading, and offers an opportunity for issuers to review and update their insider trading policies
Driving the after-tax dollar—Surviving the down-turn: avoiding owing Uncle Sam from restructuring By Paul Carman Corporate Law Departments, April 2001 With major players in the new economy seriously retrenching, cutting staff and vigorously attempting to redefine themselves, many businesses are holding their breaths to see if they can survive the latest downturn in volatile times.
Federal taxation of real property by foreign corporations under the Foreign Investment in Real Property Act (“FIRPTA”) By Alexander Olsansky Corporate Law Departments, April 2001 Until the passage of the Foreign Investment in Real Property Tax Act of 1980 or "FIRPTA," a foreign investor disposing of United States real property was only subject to the jurisdiction of the United States tax laws if the related gain or loss was effectively connected to a U.S. trade or business.
Letter from the editor Corporate Law Departments, April 2001 We are still looking for readers who would like to contribute articles for publication.
The Business Corporation Act’s remedy for insolvency By David P. Leibowitz Corporate Law Departments, March 2001 As the economy enters a new phase of the business cycle, Illinois lawyers will be increasingly called upon to counsel their clients in financial difficulty.
Dealing with the government’s “ambush” interviews of executives By Steven M. Kowal Corporate Law Departments, March 2001 * Interview is entirely voluntary. * Each person can decide to consent, decline or postpone the interview.
An in-house counsel’s guide to dealing with cybersquatters: Part II (the Anticybersquatting Consumer Protection Act) By Michael Todd Scott Corporate Law Departments, March 2001 As we discussed in Part I of this article, ICANN's Uniform Domain Name Dispute Resolution Policy is a powerful weapon in the fight against cybersquatters.
Negotiating cell tower leases from the lessor’s perspective Part I (of II) By Alexander Olsansky Corporate Law Departments, March 2001 If you're a transactional attorney or in-house corporate counsel, you have negotiated a wide range of business, corporate and real estate agreements.
Peak performance By Linda Brakeall Corporate Law Departments, March 2001 In sports circles, they say that you'll never meet a stupid gymnast. There is something about that mind-body connection that is more than the sum of its parts.
Balancing employee absenteeism with the Family and Medical Leave Act By Paul Bouldon Corporate Law Departments, February 2001 From the time the Family and Medical Leave Act of 1993 ("FMLA")(the "Act"), 29 U.S.C. section 12101, et. seq. became effective, employers have struggled to control employee absenteeism while providing them with rights guaranteed under the statute.
Duty to disclose plan changes: Bins v. Exxon By Lynn Phillips Corporate Law Departments, February 2001 In Bins v. Exxon, the Ninth Circuit Court heard arguments on whether an employer violated its duties under ERISA by not informing employees that the company was "seriously considering" a proposal to offer enhanced retirement benefits, which might affect the employees' decision to retire.
An in-house counsel’s guide to dealing with cybersquatters— part I (ICCAN’s Uniform Domain Name Dispute Resolution Policy) By Michael Todd Scott Corporate Law Departments, February 2001 The Web site whatis.com, defines cybersquatting as: reserving an Internet domain name (often referred to as a "dot com" name) for the purpose of selling it later to a company that wants to use it.
Letter from the editor Corporate Law Departments, February 2001 Welcome to the February 2001 edition of The Corporate Lawyer. I would like to announce some exciting news: Alex Olsansky, in-house counsel for Edward Hines Lumber Company, has agreed to serve with me as co-editor of The Corporate Lawyer.
U.S. Supreme Court holds that an order compelling arbitration and dismissing underlying claim is a final decision within the meaning of §16 of the Federal Arbitration Act. By Michael Todd Scott Corporate Law Departments, February 2001 On December 11, 2000, the U.S. Supreme Court decided the case of Gree Tree Financial v. Randolph.
California law now exempts highly paid tech professionals from OT rules By Michael Todd Scott Corporate Law Departments, January 2001 Does your company have operations in California? If so you may be interested to know that a new law in California now exempts certain highly paid computer professionals, who are paid by the hour, from California's daily overtime law.
Calling all government attorneys Corporate Law Departments, January 2001 The ISBA's Standing Committee on Government Lawyers wants to include you in its constituency.

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