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November 26, 2012
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Legal News in Brief

  Corporate Spotlight 
  • CFTC delays start date for swaps dealers to report data
    The Commodity Futures Trading Commission has postponed the start date for when swaps dealers must report trades to data warehouses. The change gives the industry a common date for beginning disclosure, after concerns were raised about different starting dates for different market participants. Reuters (11/21) LinkedInFacebookTwitterEmail this Story
  • FINRA again pursues regulation of financial advisers
    The Financial Industry Regulatory Authority has kicked off another campaign to take over supervision of financial advisers from the Securities and Exchange Commission. Thomas Selman, FINRA's executive vice president of regulatory policy, argued at a recent industry conference that the organization is the best one to regulate advisers. Reuters (11/21) LinkedInFacebookTwitterEmail this Story
  National News 
  Legislative Dispatch 
  Employment Focus 
  • High court will hear case alleging racial harassment in workplace
    The Supreme Court will consider a case that could clarify rules surrounding liability for workplace harassment. Companies are liable when supervisors harass the people they oversee, but lower courts have differed in their interpretation of who counts as a supervisor. This case, which involves incidents alleged to have happened at Ball State University, could help resolve the definition of "supervisor." Reuters (11/23) LinkedInFacebookTwitterEmail this Story
  Supreme Court and Federal Court Watch 
  • Argentina will appeal order to pay bondholders $1.33B
    Economy Minister Hernan Lorenzino says Argentina will appeal an order by U.S. District Judge Thomas Griesa to pay $1.33 billion to bondholders who refused to go along with an exchange of defaulted debt in 2005 and 2010. Lorenzino says a challenge will be presented to the 2nd U.S. Circuit Court of Appeals. Reuters (11/23), Financial Times (tiered subscription model) (11/22) LinkedInFacebookTwitterEmail this Story
  Other Legal News 
  • Government faces challenges in balancing privacy and safety
    Participants in a recent panel discussion talked about how the government is managing the balancing act of protecting individuals' privacy while promoting their safety. One issue Congress must deal with is crafting laws that will remain effective. "You are trying to legislate for all time not knowing what's coming down the pipeline. Bad guys are going to use the new technology," said Janet Fisher, general counsel of the House Intelligence Committee. The Blog of Legal Times (11/20) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • 5 ways to overcome a chilly reception to a new job
    If new colleagues make it clear they preferred your predecessor, you can overcome the hard feelings by being respectful of the former employee and working to establish your own connections, Nicole Lindsay writes. "Let them know what you are working on, share your progress, and when appropriate, ask for their help. This will go a long way in building relationships with your new co-workers," she writes. TheDailyMuse.com (11/20) LinkedInFacebookTwitterEmail this Story
  • Self-defeating behaviors that sink careers
    Demanding a promotion during a recession, throwing temper tantrums and letting professional standards lapse are some of the ways leaders undermine themselves, Rosabeth Moss Kanter writes. "A desire to serve others, an emphasis on values and purpose, a sense of responsibility for long-term consequences, and knowledge of both strengths and limitations can make it easier to avoid these traps," she writes. Bloomberg/Harvard Business Review (11/20) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • 'Til Deal Do We Part
    Law firms continue the competitive quest for the best partners and groups with impressive client rosters and significant revenue to add to the bottom line. The Nov. 27 audio briefing Making a "Marriage" Work -- Ensuring Lateral Success with Partner Acquisitions will provide a discussion on the keys to successful partner recruiting and integration that will lead to a successful long-term marriage. LinkedInFacebookTwitterEmail this Story
  • Breaking Bread with the Judges at AIPLA
    The annual meeting of the American Intellectual Property Law Association (AIPLA) was held last week in Washington, D.C. Gene Quinn attended the busy event, which he says included a strong and ever-increasing presence of attorneys from foreign firms. On PLI's Patent Law Practice Center, Quinn presents his highlights from the annual meeting, including lunches with Chief Judge Smith of the PTAB and Judge Dyk of the CAFC. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
The passion for setting people right is in itself an afflictive disease."
--Marianne Moore,
American poet and writer


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