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SEC looks to ease resale of restricted securities

On Nov. 15, the Securities and Exchange Commission adopted final amendments to Rule 144, consistent with its original proposals concerning holding periods and manner of sale. Thus, the SEC has renewed its march towards continuous registration based on full 1934 ...

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U.S. financial markets still attractive despite increasing compliance costs

Corporate governance reform continues to impose a substantial and still growing burden on U.S. public companies, according to Foley & Lardner LLP’s recently released study, the fifth annual The Cost of Being Public in the Era of Sarbanes-Oxley. In the ...

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In-house counsel represents the company, not its employees

In-house counsel deals with the people employed by their companies, but they only represent the company itself. It is a fact of life that in-house counsel must sometimes deal with corporate personalities whose interests may be in conflict with those ...

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Employee handbooks can foster good employee relations

Building better workforce relations begins on the first day of an employee’s job. First impressions matter in the human resources arena. Unfortunately, many human resource professionals overlook a basic building block in developing positive employee relations – the employee handbook. ...

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Litigating in Delaware: When is it the right choice for New England companies?

When do you have the option of litigating in Delaware and when is it the best choice? These were among the questions addressed at a recent New England Legal Foundation (NELF) event. The moderated discussion, featuring comments by Vice Chancellor ...

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Case Law For In-House Counsel

Below are summaries of important opinions affecting in-house attorneys issued by the 1st and 2nd Circuit from mid-September 2007 through early November 2007. Readers can access the full text of the opinions at www.newengland inhouse.com. 1st Circuit Administrative Liquefied natural ...

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Employee’s unfair competition suit dismissed under anti-SLAPP law

The counterclaim of an employee sued by his former employer for violating a confidentiality agreement was recently dismissed under the Massachusetts anti-SLAPP statute – even where he claimed his former employer’s lawsuit violated an unfair-competition law. The employee, Wiliam Shields, ...

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High court could expand securities liability

WASHINGTON – It is rare that a securities liability case, even one before the U.S. Supreme Court, captures such widespread attention that every seat in the court’s press alcove is filled. But that was the case when the court heard ...

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