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"Inside Counsel" magazine sold to summit bus. Media.

Summit Business Media (New York), a company formed by Wind Point Partners (Chicago, IL) in 2006, has acquired "Inside Counsel)" (Chicago, IL) magazine as part of its purchase of Wicks Business Information (Fairfield, CT/New York), a publishing and information company that targets the financial services and corporate legal sectors, from Wicks Group of Companies. No terms of the deal were given.

"Inside Counsel," launched in 1991, is a monthly magazine published for a controlled circulation of 40,000 chief legal officers, senior in-house corporate counsel, partners, administrators, paralegals and senior corporate executives. Formerly titled "Corporate Legal Times," is designed to "provide the strategic tools that general counsel need to better manage their legal departments and fully understand the business risks companies face today."

Content includes coverage of such topics as corporate governance, compliance, litigation, labor and employment issues, and intellectual property. It also carries benchmarking surveys and regional news. The June issue has stories on: hedge fund regulation; the new patent and trademark filing process; litigation of violations of the Fair and Accurate Credit Transactions Act; NLRA court decisions; China's changing tax laws; and ensuring I-9 compliance. Accompanying e-newsletters include "InsideLook," "InsideCareers" and "InsideTech," while the magazine also hosts the two-day, annual SuperConference on best practices.

The purchase also includes three other financial magazines. "Credit Union Times" is published 51 times a year for a paid circulation of over 9000 credit union professionals. Launched in 1990, the publication focuses on industry news and developments as well as statistics, feature stories, special reports, and coverage of ongoing federal regulatory and legislative developments. Editorial covers such topics as mortgages, IT security, investments and trusts, data processing and technology, retail delivery systems, and auto lending.

"Investment Advisor" magazine is published monthly for a controlled circulation of 84,000 independent investment advisors. Editorial generally covers financial planning and investments with specific coverage of market sectors, retirement plans, derivatives, risk management, financial technology, best practices, economic indicators and forecasts, and treasury trends. The magazine also produces seven e-newsletters, including "Mutual Fund Focus" and "Retirement Plan Advisor."

Finally, "Treasury & Risk" magazine is published ten times a year for a controlled circulation of 47,000 financial executives, including CFOs, treasurers and controllers. Editorial includes information on trends and developments affecting the industry including globalization, outsourcing, technology, investor confidence, the cost of benefits, insurance, cash management, corporate finance, and accounting.

The acquired assets also include Wicks' Executives Enterprise Institute (EEI; New London, CT), a company that produces over 100 seminars and live events, primarily in the areas of corporate accounting and reporting, taxation, banking, lending, finance, labor relations, international issues and the law.
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Publication:Legal Publisher
Date:Jun 1, 2007
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