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Corporate Counsel

Demographic Motivation

The seeds of corporate governance reform in Japan go back to the country's bank crisis of the 1990s.
1 minute read

Corporate Counsel

Design Defined

Egyptian Goddess clears the way for design patentees to enforce their rights in court.
18 minute read

Corporate Counsel

Held Accountable

U.S.-style corporate governance is becoming the norm for Japanese business.
17 minute read

Corporate Counsel

Superfund Scuffle Sparks High Court Review

Ruling drastically expands hazardous materials liability.
12 minute read

Corporate Counsel

No Class Relief for TILA Mortgage Rescissions

In September the 7th Circuit held that class recovery is never available for TILA rescission claims.
5 minute read

Corporate Counsel

Left Defenseless

Decision limits affirmative defenses under the FCPA.
27 minute read

Corporate Counsel

The Offshore Option

As companies reel from the recession, legal departments consider outsourcing to cut costs.
11 minute read

International Edition

City litigators set to press ahead with judge appraisals

The UK's top judges are to be appraised by court users, with litigators taking the matter into their own hands after plans for non-peer reviews were rejected by the judiciary. The Commercial Litigators Forum (CLF) is pushing ahead with proposals that will see judges subjected to upward reviews, even though the suggestions were snubbed by a working group set up by the Judges Council and overseen by Commercial Court head Mr Justice Andrew Smith earlier this year. The CLF has formed a sub-committee within the last month to come up with a framework for the appraisals, with members including litigation partners Hilton Mervis of SJ Berwin, Lovells' Neil Fagan, Herbert Smith's Tim Parkes, Simon Willis of Mayer Brown and John Reynolds of White & Case.
2 minute read

International Edition

Plans to regulate barristers reach final stages

The Bar Standards Board (BSB) is in the final stages of drawing up plans to regulate barristers, in preparation for the next round of reforms under the Legal Services Act (LSA). The BSB is planning to lift a ban in its code of conduct that would prevent barristers from becoming managers alongside solicitors within Legal Disciplinary Partnerships (LDPs), when they come into force in March 2009.Proposals from the Bar will leave entity-based regulation to the Solicitors Regulation Authority (SRA), with the BSB opting to monitor barristers only on an individual basis.
2 minute read

International Edition

Behind the veil

On Monday, January 21, 2008, back when extreme stock volatility was still a novelty, world equity markets plunged 6% with no full explanation apparent. Then, on Thursday, the mystery abated when at least a partial explanation for the sell-off appeared. The French bank Societe Generale (Soc Gen) announced that a young trader named Jerome Kerviel had somehow, without the bank noticing, bet A50bn that stock markets would rise. Soc Gen had spent the past few days desperately selling his positions - and set a new standard for rogue trading losses at A6.4bn. Hit by scandal and a potential legal mess, Soc Gen did what plenty of other rich and powerful French institutions would do in such a situation: It hired Jean Veil.
15 minute read

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