NYC BAR Seminar Will ExploreGatekeeping Role Of In-House Counsel

Wednesday, August 1, 2007 - 01:00

The Role & Responsibility of Corporate Counsel: What Are Their Gatekeeping Obligations? is the title of a CLE seminar being presented by the New York City Bar Association via video replay.

The program will take place on Wednesday, August 15 from 9 a.m. to noon at the House of the Association, 42 West 44th Street, New York City.

A panel will address whether, and to what extent, the role and responsibility of in-house and outside counsel is one of a gatekeeper, charged with a responsibility for preventing wrongdoing by their corporate clients. Among the questions to be addressed are: If and how in-house counsel and outside counsel - can prevent misconduct & scandal, whether in smaller clients or the WorldComs and Enrons? Do lawyers owe their only duty to their clients, or must they also take into account the public interest in averting fraud? What is the impact of the Sarbanes-Oxley "reporting up" rules? Will they lead to a radical redefinition of the role of lawyers in corporate governance? Can the lawyer-client-auditor relationship be adjusted to better achieve the goal of accurate public disclosures in public offerings?

The program chair is Thomas H. Moreland, Kramer Levin Naftalis & Frankel LLP.

For details on CLE credits and program fees, see the Bulletin Board on The Metropolitan Corporate Counsel website at www.metrocorpcounsel.com.

For reservations, call (212) 382-6663 or visit www.nycbar.org.