BNA updates one portfolio and adds another one to its Corporate Practice Library. (Launches).The Enron bankruptcy and ongoing investigations have placed corporate directors in the spotlight--if not the hot seat. BNA BNA Bureau of National Affairs, Inc. BNA Birds of North America BNA block numbering area (US Census) BNA British North America BNA Banco Nacional de Angola (National Bank of Angola) Inc. has responded to the problem with an updated version of The Board of Directors portfolio. Written by Bruce A. Toth and Jason L. Booth, attorneys with Winston & Strawn in Chicago, the monograph is part of BNA's "acclaimed" Corporate Practice Library." The Board of Directors provides a detailed overview of the numerous problems and responsibilities facing the modem corporate board, as well as worksheets for practical use, including sample resolutions, corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. guidelines and policies of certain institutional shareholders, and a state-by-state listing of statutes limiting director liability. The new portfolio, #76 in the Library, is Living with the Robinson-Patman Act Robinson-Patman Act, passed by the U.S. Congress in 1936 to supplement the Clayton Antitrust Act. The act, advanced by Congressman Wright Patman, forbade any person or firm engaged in interstate commerce to discriminate in price to different purchasers of the same , written by antitrust expert Irving Scher, an attorney with Weil, Gotshal & Manges. He said that most RobinsonPatman cases have involved the sale of consumer products. "This is consistent with the primary goal of the statute when it was enacted--to eliminate the use of buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. by certain retail grocery chains," he said. But the act also applies to the sale of industrial products. Referring to the Corporate Practice Library, which is a comprehensive print and web-based information service, Pamela Atkins, product manager for BNA Legal Information Services See Information Systems. , said, "Attorneys regard the portfolios as their most accurate resources on the laws, regulations, cases, and current developments in their specific areas of interest. "We maintain and update the library regularly, so that lawyers can strategize strat·e·gize v. strat·e·gized, strat·e·giz·ing, strat·e·giz·es v.tr. To plan a strategy for (a business or financial venture, for example). v.intr. and tackle problems with confidence, from the boardroom to the courtroom." 1231 25th St., NW Washington, DC 20037, 202-452-4200, www.bna.com. |
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