ACC Files Letter Urging UK Financial Conduct Authority to Omit Head of Legal Function from Senior Managers Regime

On January 9, 2017, ACC submitted a letter to the United Kingdom Financial Conduct Authority (FCA) in response to regulations including the head of the legal function in the Senior Managers Regime (SMR). ACC argues the effort, aimed increasing accountability … Continue reading

Sanctions for Everyone? If One District Court Opinion Stands, Maybe.

Raise your hand if this is how your company runs its legal department: All in-house lawyers who might attend trials must have a thorough and precise knowledge of each and every one of the tens of thousands of documents that … Continue reading

ACC Amicus Brief in Friedman v. Sebelius Opposes HHS Secretary’s Application of Exclusion to In-House Counsel

ACC filed an amicus brief on June 28th in the D.C. Circuit urging the court to reject the Health and Human Services Secretary’s exclusion of an in-house attorney from federal health care programs, pursuant to the Responsible Corporate Officer Doctrine, … Continue reading

Opinion in Refco Appeal Affirms Dismissal of Liability Claims Against Mayer Brown

In an opinion filed April 27, the Second Circuit affirmed the dismissal by the Southern District of New York of securities liability charges in Pacific Management Co. v. Mayer Brown LLP, No. 09-1619-cv (2d Cir.). Rejecting the Securities and Exchange … Continue reading

ACC Amicus Brief in Refco Appeal Opposes Liability Theory’s Threat to Transactional/Securities Lawyers

ACC filed an amicus brief on September 16th in the Second Circuit urging the court to reject the Securities and Exchange Commission’s (SEC) arguments in Pacific Management Co. v. Mayer Brown LLP, No. 09-1619-cv (2d Cir.). ACC argues the SEC’s … Continue reading