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September 29, 2006 |

Gatekeeper GCs Increasingly Becoming Targets for Liability

When the SEC went after Biopure and its executives for misleading public statements, the company escaped without financial repercussions but the GC had to pay a $40,000 fine. The Biopure settlement illustrates the increase in government scrutiny of "gatekeepers," including GCs, responsible for safeguarding shareholder interests. Says attorney William Schuman, "We're seeing more inquiries and investigations where the conduct of in-house counsel is being examined every bit as much as the businesspeople's."
6 minute read
October 13, 2008 |

MOVERS

Nigel Blackaby will lead Freshfields Bruckhaus' new international arbitration practice group and will relocate from the Paris office to the Washington office. Plus, more of this week's movers.
4 minute read
August 08, 2005 |

Movers

Duane Morris (Philadelphia): Three attorneys in the intellectual property practice group have become partners—and other notable personnel shifts.
4 minute read
September 25, 2006 |

As liability grows, GCs get nervous

When the SEC went after Biopure Corp. and its executives for misleading public statements about the FDA's review of its products, the biopharmaceutical company escaped without financial repercussions. But the company's general counsel ended up with a $40,000 civil penalty this month.
6 minute read
April 25, 2006 |

How to Avoid Risky In-House Positions

In 2005, Scott Wiegand was acquitted of felony charges, including securities fraud and conspiracy, related to his former position as GC of PurchasePro.com. Wiegand, who felt vindicated when the judge acknowledged how well he had dealt with an "extraordinarily difficult situation," now shares some ideas aimed at helping other lawyers safeguard themselves from the risks of going in-house. The best protection for any in-house counsel, according to Wiegand: Choose your company wisely.
6 minute read
September 15, 2008 |

Civil right to counsel urged

Through litigation and legislation, a growing number of private and public interest lawyers across the country are pushing to secure those with low incomes the right to counsel in civil matters, including foreclosures, evictions and child custody cases. Legal aid groups are under-funded and overworked, they argue, and pro bono services aren't enough to fill the gap for the millions who go unrepresented.
7 minute read
February 21, 2007 |

Don't Let Your Employees Become Security Nightmares

Employees armed with BlackBerry devices, personal digital assistants, laptops and tiny flash drives easily transport critical information to and from the office -- which can unintentionally wreak havoc on a corporation. Attorneys David C. Henderson and Matthew E. Feiner offer a few safeguards.
3 minute read
November 01, 2008 |

The Big Pond

Summer associates of 2008 loved their taste of law firm life. If only they could be as sure about those offers.
7 minute read

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