FW: June 6 -- BNA's Corporate Counsel Weekly

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Subject: June 6 -- BNA's Corporate Counsel Weekly

______________________________

BNA'S CORPORATE COUNSEL WEEKLY
Highlights & Table of Contents
June 6, 2001
______________________________

ISSN 1522-5305

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HIGHLIGHTS
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Disclosure: SEC-inspired task force says companies should
voluntarily disclose more forward-looking financial data . .
. Page 169

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m6t1_

Shareholder Proposals: Request that options be rescinded,
reauthorized may be excluded . . . Page 170

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f7v4r7_

Securities Fraud: Intent not to honor stock option sold
pursuant to oral contract violates '34 act . . . Page 170

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y7q7_

Disclosure: Companies continue to manipulate financial
statements to offer "idealized" view of earnings . . . Page
171

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2q5_

Attorney-Client Privilege: Ad agency must produce draft ads
containing lawyer's handwritten notes . . . Page 172

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f2q3z5_

Corporate Counsel: Litigation would result in improper
disclosure of defendant's confidences . . . Page 172

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g3c0g1_

Age Discrimination: Fired manager can't show bias even
though employer destroyed documents used to plan RIF . . .
Page 174

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0f4b9_

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Focus
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Disclosure: SEC staff developing rules that would require
corporate insiders to file stock transaction reports
electronically . . . Page 176

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y6m2_

_________________

TABLE OF CONTENTS
_________________

Topical Summary

Age Discrimination
Not every RIF document must be retained by company . . .
Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0f4b9_

Attorney-Client Privilege
Company must produce drafts with notes of target's
counsel . . . Page 172
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f2q3z5_

Privilege, work-product rule protect talks, PR firm's
data . . . Page 172
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m1k5_

Attorneys
Court warns lawyers about citing unpublished opinions . .
. Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k1z9_

Corporate Counsel
In-house counsel disbarred for filing false reports,
lying to SEC . . . Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a2_

Lawyer's duty of confidentiality derails wrongful
discharge suit against employer . . . Page 172
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g3c0g1_

Disclosure
E-filing of Section 16 reports could be required within a
year . . . Page 176
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y6m2_

SEC's Hunt cites problem of revenue manipulation . . .
Page 171
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2q5_

Task force recommends that companies disclose more
forward-looking information . . . Page 169
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m6t1_

FMLA
High court lets stand decision finding FMLA notice rule
invalid . . . Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a8_

Mergers and Acquisitions
White & Case survey shows need to harmonize worldwide
maze of inconsistent merger control laws . . . Page 171
http://pubs.bna.com/ip/BNA/ccw.nsf/id/A0A4G2K6Y8_

National Labor Relations Act
NLRB revises language for settlements after temporary
injunctions . . . Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a5_

Securities
Overhaul of '33, '34 acts may be result of NMS review . .
. Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k1z6_

Securities Fraud
Oral promise to sell option intending to dishonor is
fraud . . . Page 170
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y7q7_

Sexual Harassment
No adverse job action if complaints not reported . . .
Page 173
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2m5_

Shareholder Proposals
Company may exclude request on reauthorization of options
. . . Page 170
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f7v4r7_

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Table of Cases
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Application of the Federal Trade Commission for an Order
Compelling Avrett Free & Ginsberg to Comply With a Subpoena
for Documentary Material, In re (S.D.N.Y.) . . . Page 172
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f2q3z5_

Brungart v. BellSouth Telecommunications Inc. (U.S.) . . .
Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a8_

Copper Market Antitrust Litigation (Viacom Inc. v. Sumitomo
Corp., In re (S.D.N.Y.) . . . Page 172
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m1k5_

Florida Bar v. Wolis (Fla. (per curiam)) . . . Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a2_

Murray v. Chicago Transit Authority (7th Cir.) . . . Page
173
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2m5_

Rummery v. Illinois Bell Telephone Co. (7th Cir.) . . . Page
174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0f4b9_

Sorchini v. Covina, Cal. (9th Cir.) . . . Page 174
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k1z9_

Wharf (Holdings) Ltd. v. United International Holdings Inc.
(U.S.) . . . Page 170
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y7q7_

Wise v. Consolidated Edison Co. of New York Inc. (N.Y. Sup.
Ct. App. Div. 1st Dept.) . . . Page 172
http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g3c0g1_

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BNA's Corporate Counsel Weekly (ISSN 1522-5305)
Highlights are published weekly by The Bureau of National
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