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LACBA Business & Corporate Section: eNews
 ●  Volume I, Number 2  ● An E-Publication of the Los Angeles County Bar Association  ●  February 2009 ●

Exciting Events Coming Soon
• Tuesday, February 24, 2009 at 11:30 a.m.: Financing Transactions in the Current Business and Economic Environment, presented by Steve Stokdyk of Latham & Watkins and Henry Schwake of Citigroup.
The speakers will discuss current trends and realities in financing transactions.
Earn 1.5 hours of CLE credit.
Sign Up Now.

Useful Links Relating to Financing Transactions
Devil in the Details: Realogy Lessons for Exchange Offers, Latham & Watkins Client Alert. Reviews recent exchange offer litigation, primarily focusing on a recent opinion of the Delaware Chancery Court blocking a proposed exchange offer.

Restructuring High Yield Bonds: Getting Ready for the Next Phase of the Cycle, Latham & Watkins Client Alert. Examines in some depth two useful tools available to issuers seeking to restructure their debt
-exchange offers and “prepackaged” plans of reorganization.

Practice Tip: Non-Competition Agreements
Non-competition agreements between employers and employees will be held invalid under Section 16600 , even if narrowly drawn, unless they fall within one of the recognized statutory exceptions to 16600. The ruling solidifies how different California's laws are from other states in the areas of employee mobility and competition.

To learn more, read Edwards v. Arthur Andersen and Beyond —The Potential Wide Reach of California Business & Professions Code Section 16600, by Robert Milligan and Erik B. von Zeipel of Seyfarth Shaw LLP.

Of Note:
California Secretary of State Proposes Regulating Business Entity Names
The Secretary of State has proposed regulations that, among other things, will provide specific guidelines to assist the public in evaluating whether a proposed business entity name would not be deceptively similar or misleading. The period to comment on the proposal closed February 6.

Networking Opportunities with Colleagues
With record-breaking interest, this year’s use of our section's online forum has opened opportunities to connect with peers.
It has enabled all of us to learn from each other, to pose questions, and to share our collective body of knowledge within our areas of expertise.

Several event-wide functions offer the chance to discover surprising synergies with colleagues in our field of practice, while smaller gatherings, such as conferences and seminars hosted by LACBA, let you engage with attorneys in various specialties within the broad range of Business and Corporate Law.

Los Angeles County Bar Association
2008-09 Business & Corporations Law Section
Officers and Executive Committee Liaison Members

Blase P. Dillingham

Co-Program Chair
Harumi Hata

Co-Program Chair
Steven E. Peden

Vice Chair
Robert Rowe Carlson

David Eisman

Mara Morner-Ritt

Immediate Past-Chair
Linda L. Curtis

Marketing & Membership Chair
Natalie Maniaci

Section Administrator
Ann Marie Bedtke


Law School Liaison, Therese Maynard

FINRA Representative, David A. Greene

Calif. Dept. of Corporations Rep., Theresa Leets

Corporate Law Depts. Rep., Lois M. Jacobs

SEC Representative, Martin J. Murphy

SEC Representative, Rosalind R. Tyson

Large Firms, Richard S. Kolodny



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