FILING UPDATE: Wisconsin Supreme Court Passes Final Rule Allowing In-House Pro Bono

The Wisconsin Supreme Court issued a final order supporting the right of registered in-house counsel to perform pro-bono services beginning on January 1, 2017. Additionally, the Court passed an initiative granting any lawyer practicing in Wisconsin the right to receive … Continue reading

FILING UPDATE: ACC’s Stance against Internal Law Firm Privilege Rejected by New York Court of Appeals

ACC’s stance against internal law firm privilege was rejected by the New York Court of Appeals in Stock v. Schnader, Harrison, Lewis & Segal (see our amicus brief here). In its amicus brief, ACC argued attorney-client privilege exists to serve the interests of clients and … Continue reading

FILING UPDATE: NYDFS Affirms ACC’s Position Against Criminal Liability for Compliance Officers

The New York Department of Financial Services (NYDFS) affirmed ACC’s position on criminal liability for compliance officers in recently released anti-money laundering regulations. NYDFS significantly changed the compliance officer certification requirements, to which ACC had objected in a comment letter … Continue reading

ACC Files Comments Opposing Criminal Liability for Chief Compliance Officers

On March 31, 2016, ACC, its Compliance & Ethics Committee, Financial Services Committee, New York chapters, and 74 general counsel and compliance officers filed comments objecting to a proposal by the New York Department of Financial Services (DFS) to impose … Continue reading

Agreeing with ACC, Arizona Legislature Passes Bill to Increase Funding for Court of Appeals

The Arizona Legislature should pass the bill because insufficient funding for the appellate system would interfere with the resolution of business disputes in the state. Please click here to view ACC letter. Background: The proposed budget for fiscal year 2015 … Continue reading