Monday, December 6, 2010
This Week at the City Bar
Around the Bar
Recent Committee Activity
City Bar in the News
Support the Justice Center this Holiday Season
This Week at the City Bar
6 PM – 8:45 PM, CLE
Getting The Most Out of Your Patent Licensing

6 PM, Event
Thomas E. Dewey Medal Presentation

6:30 PM 8:30 PM, Event
10 Practice Management Tips to Help Make Your Small Firm Blossom

6 PM 9 PM, CLE
Mediation: Closing the Deal!

9 AM 5 PM, CLE
16-Hour Bridge-the-Gap: Ethics, Skills & More (Day 2 Only)

6 PM – 9 PM, CLE
The ABCs of Mutual Funds

6:30 PM – 8:30 PM, Event
Holiday Networking Event for In-House Attorneys

9 AM – 5:30 PM, CLE
Securities Litigation and Enforcement: Current Developments & Strategies

12:30 PM 2 PM, Event
Growing Your Practice: Strengthening and Deepening Client Relationships

6 PM – 8:15 PM, CLE
What Corporate Attorneys and Litigators Need to Know About Fraud Prevention, Detection & Deterrence

6:30 PM – 9 PM, Event
Islam and the West: What Shari'a Says About Non-Muslims

7 PM, Event
City Bar Contemplative Lawyers Group: Showing Up and Slowing Down, For Lawyers

9 AM – 12:30 PM, CLE
Commercial Lending: Trends, Enforcement Strategies & Key Court Decisions

6 PM, Event
Friday Evening Chamber Music

Around the Bar
Hundreds Celebrate Passing the Bar at City Bar Reception

On Thursday night, over 300 recent graduates and their guests attended the City Bar Lawyers Connect First Thursdays event to celebrate their achievement of passing the New York State Bar. Congratulations to all!

Recent Committee Activity
Affecting Disclosures of Short-Term Borrowings

In a letter to the SEC, the Committee on Securities Regulation offered comments on the SEC's proposed rules that would require registrants to provide additional disclosure of their short-term borrowing activities in periodic reports and registration statements. Though the letter expresses support for the Commission's efforts to improve the disclosure of registrantsˇ¦ short-term borrowing activities, it outlines several suggested revisions to the proposed rules that would clarify the application of the disclosure requirements to particular registrants, improve the clarity of the required disclosure, and strike a better balance between the benefits to investors provided by additional disclosure and the costs to registrants associated with that disclosure.

Rulemaking Under Dodd-Frank
The Futures and Derivatives Regulation Committee issued comments to assist the SEC and FTC in their forthcoming proposed rulemaking under the Dodd-Frank Wall Street Reform and Consumer Protection Act prior to the publication of proposed rules and in advance of the official comment periods. The comments concentrated on identifying issues that arise from the intersection of established swap market contracts and practices with the new regulatory regime introduced by the Act.

City Bar in the News
New York Times, November 30, 2010
Financial Steroids (Editorial)
“Prosecutors are warning that the crime of insider trading is becoming an all too common way of doing business. Preet Bharara, the United States attorney policing Wall Street, recently told the New York City Bar Association that ‘illegal insider trading is rampant’ and vowed that he would use ‘every legitimate tool’ to track down and prosecute this crime. Itˇ¦s about time.”

New York Law Journal, November 29, 2010
Governor Adds Pay Issue to Special Session Agenda
“Samuel W. Seymour, president of the New York City Bar, sent a letter to Mr. Paterson, with copies to all the legislators, applauding his action. ‘The City Bar supports the creation of a commission because it sets up a mechanism to periodically review and increase judicial salaries,’ he wrote. ‘It is of benefit to no one to continue to have lingering uncertainty regarding judicial salaries. To force judges to lobby the Legislature after going years without an increase, before eventually receiving an increase that may not even make up for past years, is neither an effective nor efficient manner to determine judicial salaries.’”

New York Law Journal, November 26, 2010
Conferences Prevent Foreclosures but Strain Courts, OCA Reports
“Mandated pre-foreclosure conferences have become increasingly effective in helping to keep people in their homes, but the labor-intensive proceedings are straining court resources and have contributed to an ‘unprecedented’ shift in the civil caseload, a study by the Office of Court Administration (OCA) has concluded….Lynn Armentrout, director of the City Bar Justice Centerˇ¦s Foreclosure Project, said that she knew of one foreclosure case that is still pending after 13 appearances. Nevertheless, she praised the process. ‘It's really the only leverage homeowners have,’ she said.”

A Message From the City Bar Justice Center
Your partnership and support is vital to sustain the work of the City Bar Justice Center.

Every day the calls for help pour into the Justice Center ˇV and we turn to you this holiday season so we can continue to provide thousands of disadvantaged New Yorkers access to free legal services in their time of need. Please consider making a generous contribution to the Justice Center this holiday season. Because we leverage every dollar of your fully tax-deductible gift with $9 in free legal services, your donation helps even more of New Yorkˇ¦s neediest.

Visit to donate, or mail a check payable to City Bar Justice Center to 42 West 44th Street, NY, NY 10036.

Thank you for partnering with us in 2010!

For more information about our work, download the 2009-2010 Annual Report.

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New York City Bar
42 West 44th Street, New York, NY 10036
(212) 382-6600