SEC Guidance On Company Web Site Use
October 29, 2008
Over the last several years, rapid developments in technology and the Internet have significantly enhanced the quantity and quality of e-commerce, products and information available to the public. One area of online business interaction, though, that particularly benefited recently is the information that corporate investor can find on a company's Web site. In August, the SEC, acknowledging the significant technological advances since the SEC last provided guidance on Internet issues relating to the Securities Act of 1933, issued an interpretive release providing updated guidance on the disclosure of investor information on company Web sites.
Web Site Terms and Conditions
October 29, 2008
It was Henry Ford, not Marlon Brando or Don Corleone, who once famously said: "The customer can have any color he wants so long as it's black." Unfortunately for e-commerce buyers, however, the rules imposed on them by the fine print and deep links usually known as "Terms and Conditions" often leave as little room to negotiate as early Ford buyers once had.
Delaware Chancery Court Allows Board to Abandon Sales Process
October 29, 2008
Earlier this year, the Delaware Chancery Court dismissed a claim by shareholders of First Niles Financial, Inc., alleging that the directors breached their fiduciary duty by abandoning a sales process, despite receiving offers that its financial adviser found to be "within a range supported by its financial models.
Law Firms 'Building a Case' for Automated e-Procurement Solutions
October 29, 2008
Procure-to-Pay automation technology has finally come of age as a user-friendly, flexible, and cost-effective strategic business solution. It is a solution that can ease pressures from the law firm partnership by decreasing the cost of doing business.
Coast-to-Coast Legal Practice
October 29, 2008
In today's technology-driven culture, law firms are able to compete for the representation of clients located throughout the country and, as a result, many attorneys have provided legal services to clients located in a state other than the one(s) in which they are licensed. Here's a look at ABA Model Rule 5.5.
De Facto Holdover
October 29, 2008
Too often, surrender provisions in today's commercial leases are not adequately coordinated with the landlords' marketing needs, and lack adequate remedies to ensure compliance by tenants at the end of their lease terms. This article discusses the problem.
On the Move
October 28, 2008
Who's doing what; who's going where.
Health-Care Cases
October 28, 2008
Health'care-industry bankruptcy cases are unique in complexity and sensitivity. As such, health-care bankruptcy cases are financially and legally multifaceted, and may contain political dynamics often unseen in other types of bankruptcies.
Legislative Update
October 27, 2008
This article provides relevant highlights of legislative and regulatory reactions to the tumultuous financial events affecting equipment leasing.