Monday, November 15, 2010
This Week at the City Bar
Around the Bar
Recent Committee Activity
Committee Seeking Members
City Bar in the News
This Week at the City Bar
6 PM – 9 PM, CLE
Hot Topics in Partnership Taxation

6:30 PM, Event
Maximizing Your Networking Efforts

12:30 PM – 2 PM, Event
Growing Your Practice: Using Pricing and Billing to Attract and Keep Clients

5:30 PM, Event
Confronting an Oxymoron: Taking Control of "Controlled Substances"

6 PM – 9 PM, CLE
Settlement Counsel: What You Should Know About an Emerging Area of Law Practice

6:30 PM – 8:30 PM, Event
Legal Research Options for Growing Solos and Small Firms - Small Law Firm Center Series

5 PM & 8 PM, Event
Regional Rounds of the 61st Annual National Moot Court Competition

6 PM – 9 PM, CLE
Insurance Law: The Basics

9 AM – 12 PM, CLE
Everyday Ethical Challenges in the Practice of Law

5 PM & 8 PM, Event
Regional Rounds of the 61st Annual National Moot Court Competition

6 PM – 9 PM, CLE
Privileges in Regulatory and Criminal Investigations - Legal & Ethical Issues

9 AM – 12:30 PM, CLE
(Video Replay) Lawyering in the Fashion Industry: A Practical Guide to Licensing, Trademark Protection & Other Industry Issues

Around the Bar
Ken Feinberg, Obama Administration “Pay Czar,” Speaks at Special CLE Event

Mr. Feinberg provided his perspective on the lessons learned about executive pay practices and discussed the reasoning behind and impact of his most significant decisions and recommendations as Special Master for Compensation of the U.S. Treasury Department.

Leading Experts Discuss Current Trends and Issues in USíVIndia Media Markets

At "Media Masala," industry professionals shared experiences and discussed developments and challenges in the rapidly expanding film, television, and music markets between India and the United States. From left: Steve Stander, Vice President & Deputy General Counsel, A&E Television Networks, LLC; Salil Gandhi, Co-Founder, Cry Baby Media; Mark Merriman, Frankfurt Kurnit Klein & Selz; Megha Bhouraskar, Poppe and Bhouraskar LLP; and Joanne Cassidy, Program Co-Chair.

Recent Committee Activity
Non-Bankruptcy Alternatives to Restructurings and Asset Sales

The Bankruptcy and Corporate Reorganization Committee issued a report addressing four non-bankruptcy alternatives available for dealing with a distressed business, including: UCC foreclosure; assignment for the benefit of creditors; composition; and receivership. The report explores each of these potential alternatives to a restructuring or the sale of substantially all assets in a bankruptcy proceeding and is intended to provide restructuring lawyers, both debtor and creditor representatives, with a practical overview of these alternatives.

Mutual Fund Distribution Fees
In a letter to the SEC, the Committee on Investment Management Regulation offered comments on the proposed rules under the Investment Company Act of 1940 (the Act) that are designed to replace Rule 12b-1 of the Act that has permitted registered open-end management investment companies to use fund assets to pay for the cost of promoting sales of fund shares. The letter notes that, if adopted, the proposal would have a significant impact on mutual funds and their service providers, including the financial intermediaries that distribute mutual fund shares, and provides comments that relate to the technical aspects of the proposal.

Committee Seeking Members
International Trade Committee

This Committee discusses a wide range of topics including U.S. bilateral investment treaties, export control, intellectual property infringement actions in front of the International Trade Commission, and doing business in China. The Committee includes both practitioners and those interested in the topic of international trade, and meets monthly for dinner presentations and planning sessions. To apply, please contact the Chair, Helena Sullivan, at

City Bar in the News
New York Law Journal, November 8, 2010
City Bar Issues Ethics Opinion on Settlement Agreements
“The New York City Bar issued an ethics opinion on Friday stating that plaintiffs’ lawyers may not as part of a settlement agree to personally hold a defendant harmless from third-party claims against their clients. Defense lawyers may not ask plaintiff’s lawyers to do so either, according to the opinion. The opinion addresses a potential conflict-of-interest scenario facing personal injury lawyers, said Seth M. Schwartz, chair of the bar group’s professional ethics committee. ‘We saw that in fact other ethics committees had addressed it, and that it does come up in increasing frequency, especially in the personal injury context,’ he said.”

New York Law Journal, November 9, 2010
State Bar Supports Easing Rules on Practice by In-House Counsel
“Leaders of the New York State Bar Association have asked the Court of Appeals to permit in-house counsels who have a ‘continuous presence’ in New York to be authorized to practice law here without having to pass the state bar examíK.The recommendations to the Court were developed by the state baríŽs Committee on Standards of Attorney Conduct and its Corporate Counsel Section. The New York City Bar and the New York County Lawyers’ Association helped develop the proposal and jointly submitted the report. The House of Delegates overwhelming approved the proposals by a voice vote.”

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