Cyber Threats and Business, Cross-Border Mergers and Acquisitions Among Business Topics Explored at _ Meeting in Chicago

CHICAGO, July 23, 2012 — Cyber risk affecting businesses, and critical issues in international mergers and acquisitions are chief among business law issues that will be explored at the 2012 _ Annual Meeting Aug. 2–7, in Chicago.

With more than 1,400 dynamic presentations and events featuring high-profile law experts, the ABA Annual Meeting is the nation’s premier gathering of legal professionals. Renowned speakers include Ruth Bader Ginsburg, associate justice of the U.S. Supreme Court (“Arias of Law: The Rule of Law at Work in the Performance Arts” and “Comparative Constitutional Law: North America and Middle East,” Aug. 3); Lindsey Graham, U.S. senator (keynote address at the ABA Opening Assembly, Aug. 4); Theodore B. Olson and David Boies, co-chairs of the ABA Task Force on Preservation of the Justice System (“Saving Our Underfunded Courts: Is Anybody Listening?” Aug. 4); and Rev. Jesse L. Jackson Sr., president, Rainbow PUSH Coalition, (“New Voter Registration Laws: Fighting Voter Fraud or Suppressing the Vote?” Aug. 5).

The 560-member House of Delegates will meet from 9 a.m. to 5 p.m. on Aug. 6 and 9 a.m. to 1 p.m. on Aug. 7 in the Hyatt Regency Chicago East Tower (Gold Level, Grand Ballroom) to consider policy recommendations and vote on resolutions. During the two-day session, Morris Dees, co-founder and chief trial attorney of the Southern Poverty Law Center, will receive the ABA Medal, the association’s highest honor.

Among resolutions related to business, the House will consider measures to: reaffirm policy on sharing legal fees with nonlawyers [10A]; adopt policy relating to the determinations of patent infringement in cases with multistep processes or multiple participants [104]; and adopt policy urging federal agencies to pursue regulatory cooperation with relevant foreign authorities where appropriate and consistent with their legal authority, statutory mandates and regulatory missions [109B].

Business programs include:

Friday, Aug. 3

“Insuring for Cyber Threats: Everything a Business Lawyer Wants to Know (But may be Afraid to Ask)” — Business and legal experts will examine the significant economic costs associated with data security breaches, which require investigation and remediation efforts designed to prevent further harms. Speakers will address the direct and indirect costs associated to risk mitigation services for affected customers, and products designed to assist business firms in managing the financial impact posed by these risks.

8 – 10 a.m., Chicago Marriott Downtown, 4th Floor, Armitage/Belmont

“Cross-Border Merger and Acquisitions: Critical Issues for U.S. Counsel” — In-house and external counsel will provide perspectives in cross-border M&A transactions. Topics will include the process, budgeting and choosing local counsel; as well as more substantive legal issues such as bilateral investment treaties, foreign ownership, regulatory barriers and host country employment, and environmental legislation.
8 – 10 a.m., Chicago Marriott Downtown, 6th Floor, Indiana/Iowa

“Bringing in the Rain You Want in a Dry Economy” — Business development consultant Nancy Mangan will speak to lawyers on how to leverage client concerns, and develop a targeted strategy to identify work and get it done.

8:30 – 10 a.m., Hyatt Regency Chicago West Tower, Gold Level, Regency Ballroom C

“Privacy Law in 2012: Where We Are and Where We Are Going” — Speakers will provide an overview of U.S. privacy law, emphasizing recent legislative, regulatory and litigation developments; and will focus on the anticipated changes in the privacy law framework in the United States and structures in the European Union affecting U.S. businesses.

8:30 – 10 a.m., Hyatt Regency Chicago West Tower, Bronze Level, Comiskey

“Cyber Risk Affecting Businesses” — This panel discussion will address various aspects of cyber risk including: an explanation of the nature of the risk, which businesses are more susceptible, which people/groups are the offenders and best practices tips to pre-emptive protection.

3:45 – 5:15 p.m., Hyatt Regency Chicago West Tower, Bronze Level, Water Tower

Saturday, Aug. 4

“Contract Drafting: What Litigators Wish You Would Include” — Panelists will share their perspectives on contract provisions that can be relatively straightforward and non-controversial in the drafting process, but that can make a significant difference if the contract goes to litigation.

8 – 10 a.m., Chicago Marriott Downtown, 6th Floor, Indiana/Iowa

“The Tax Gobblegook in LLC Agreements: How Business Lawyers Can Make Sense of Capital Accounts, Allocations, Distributions and Contributions” — The “tax language” of the Limited Liability Company agreement can have real nontax business consequences. This program will show how the provisions on contributions, allocations, distributions and capital accounts, scattered around the typical LLC agreement, can affect both tax and nontax aspects of the deal.

8 – 10 a.m., Chicago Marriott Downtown, 4th Floor, Addison

Reporters may pick up their press badges at the meeting registration area at Riverside Center of the Hyatt Regency Chicago (East Tower, Purple Level). During the Annual Meeting, a press room for accredited journalists will be open in the same area, starting at 9 a.m. on Aug. 2.  Thereafter the press room will be open daily from 8 a.m. to 6 p.m., and will close one hour after the adjournment of the House of Delegates on Aug. 7.

Online registration for news reporters is easier than ever. Credential guidelines are at https://abanow.org/reporter-resources/media-credentials/.

With nearly 400,000 members, the _ is the largest voluntary professional membership organization in the world.  As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law.

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