CompanyCounselor: January 2008 Archives

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Jan31	Yahoo! Layoffs Linda Chan January 31, 2008 Know More: Blogosphere Blogosphere, Career For those who have watched and read the news in January 2008, they may be aware of the announcement by Yahoo! to layoff 1000 of its 14,300 employees in the hopes of returning to growth by 2009. Some media company executives hearing this news thought of recruiting schemes to approach the employees who may be victims of the layoff. Continue Reading Posted at 9:01 PM \| Permalink \| Comments
Jan30	Lucy Koh appointed by Governor Schwarzenegger to Santa Clara County Superior Court Linda Chan January 30, 2008 In the press last week was the announcement of Governor Schwarzenegger appointing Lucy Koh to Santa Clara County Superior Court. She had an interview write up in an Asian bar association newsletter published in late 2007, where it was revealed... Continue Reading Posted at 8:30 PM \| Permalink \| Comments
Jan27	Eliminating Bias in the Legal Profession Part II Linda Chan January 27, 2008 The following is not meant to be legal advice. On January 24, 2008, Michael Nader of Wilson Sonsini Goodrich & Rosati, PC gave a talk in San Francisco, CA on eliminating bias in the legal profession. With respect to color, it... Continue Reading Posted at 6:28 PM \| Permalink \| Comments
Jan25	Eliminating Bias in the Legal Profession Part I Linda Chan January 25, 2008 The following is not meant to be legal advice. On January 24, 2008, Michael Nader of Wilson Sonsini Goodrich & Rosati, PC gave a talk in San Francisco, CA on eliminating bias in the legal profession. Nader graduated from Notre Dame... Continue Reading Posted at 9:26 PM \| Permalink \| Comments
Jan24	Internal Investigations Linda Chan January 24, 2008 The following is not meant to be legal advice. On January 24, 2008, Caz Hashemi of Wilson Sonsini Goodrich & Rosati, PC gave a talk in San Francisco, CA on internal investigations. When conducting an investigation, there is the issue of who... Continue Reading Posted at 8:23 PM \| Permalink \| Comments
Jan21	Hart-Scott-Rodino Act Dollar Thresholds Linda Chan January 21, 2008 The following is not meant to be legal advice. The dollar thresholds for pre-acquisition filings under the Hart-Scott-Rodino Act (HSR) will increase this year. The annual adjustment mechanism will affect transactions closing on or after the effective date. The parties to an... Continue Reading Posted at 9:02 PM \| Permalink \| Comments
Jan20	Massachusetts Residents Personal Information Linda Chan January 20, 2008 The following is not meant to be legal advice. Massachusetts enacted a data protection law that governs the security and disposal of personal information of Massachusetts residents. This law, Chapter 93H, became effective on October 31, 2007. This law impacts any... Continue Reading Posted at 10:54 PM \| Permalink \| Comments
Jan19	eProxy Rules Linda Chan January 19, 2008 The following is not meant to be legal advice. The Securities and Exchange Commission adopted an amendment to its proxy statement rules announced in July 2007. Large accelerated filers must comply with the amendments for all proxy solicitations beginning on or... Continue Reading Posted at 6:35 PM \| Permalink \| Comments
Jan18	European Commission Raids - Anticompetitive Conduct Linda Chan January 18, 2008 The following is not meant to be legal advice. European Commission (EC) antitrust regulators on January 15, 2008 commenced a probe into pharmaceutical industry practices. The EC was determining whether anticompetitive conduct led to fewer pharmaceutical products released to the market... Continue Reading Posted at 9:03 PM \| Permalink \| Comments
Jan17	Oracle Corp. and BEA Systems Linda Chan January 17, 2008 On October 12, 2007, Oracle Corporation, a software provider, made a buy out bid to BEA Systems, a leading provider of application software for computer servers, for $6.75 billion which was rejected by BEA Systems. The latest buzz is that... Continue Reading Posted at 10:24 PM \| Permalink \| Comments
Jan16	Sanctions for Withholding Documents in Patent Dispute Linda Chan January 16, 2008 The following is not meant to be legal advice. In Qualcomm, Inc. v. Broadcom Corp., No. 3:05-cv-01958-B-BLM, Broadcom's cross-examination of a Qualcomm witness revealed that the company possessed emails that Qualcomm did not produce until four months after the end... Continue Reading Posted at 11:39 PM \| Permalink \| Comments
	Fraudulent Scheme Linda Chan January 16, 2008 The following is not meant to be legal advice. The United States Supreme Court held January 15, 2008 in Stoneridge Investment Partners, LLC v. Scientific Atlanta, Inc., that mere participation in a fraudulent scheme is insufficient to hold a party liable... Continue Reading Posted at 9:06 PM \| Permalink \| Comments
Jan14	Rest Periods Linda Chan January 14, 2008 The following is not meant to be legal advice. In California, a company should permit nonexempt employees to take a rest period that must, insofar as practicable, be taken in the middle of each work period. The rest period is based... Continue Reading Posted at 8:33 PM \| Permalink \| Comments
Jan13	Meal Periods Linda Chan January 13, 2008 The following is not meant to be legal advice. In California, nonexempt employees are required to take a minimum 30 minutes meal period when the work period is more than five hours per day. This meal period is unpaid and is... Continue Reading Posted at 10:31 AM \| Permalink \| Comments
Jan12	Only the Paranoid Survive Linda Chan January 12, 2008 Only the Paranoid Survive is a book by Andrew Grove. Grove wrote the book when he was president and CEO of Intel Corporation (Intel). It was around the late 1990s, and he reflected on his experiences on strategic inflection points. The... Continue Reading Posted at 10:29 AM \| Permalink \| Comments
Jan10	Amendments to Rules 144 and 145 Linda Chan January 10, 2008 The following is not meant to be legal advice. The SEC made amendments to Rules 144 and 145 under the Securities Act of 1933 (“33 Act"). Under Rule 144, the selling security holders must file Form 144 for sales generally. Prior... Continue Reading Posted at 8:30 PM \| Permalink \| Comments
Jan 7	Confidentiality of Information in Discovery Linda Chan January 7, 2008 The following is not meant to be legal advice. On December 19, 2007, the California Court of Appeals, Sixth Appellate District, issued a decision that allows companies to have confidence when producing discovery in litigation pursuant to protective orders. The case,... Continue Reading Posted at 10:58 PM \| Permalink \| Comments
Jan 5	Bankruptcy Rules for 2008 Linda Chan January 5, 2008 The following is not meant to be legal advice. On December 1, 2007, amendments to the Federal Rules of Bankruptcy Procedure took place. One change is to Rule 3007. The amendment to Rule 3007 generally prohibits omnibus objections except where all... Continue Reading Posted at 9:05 PM \| Permalink \| Comments
Jan 2	IRS Issues Interim Guidance on Information Returns for ISOs and ESPPs Linda Chan January 2, 2008 The following is not meant to be legal advice. On December 19, 2007, the Internal Revenue Service (IRS) issued interim guidance on an information return to be filed with the IRS under Section 6039 of the Internal Revenue Code (Section... Continue Reading Posted at 11:58 PM \| Permalink \| Comments

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