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5 Bus. Law. Update 1

handle is hein.journals/buslwme5 and id is 1 raw text is: September/October 1984 Volume 5 Number 1 eusiness jaw Memo From the Section Chairman... Let me outline my objectives as chairman of the Section for this year: To have the Section speak out on major issues of corporate law The American Law Institute Project on Corporate Governance is a good example. We have already given to the ALl some comments on its proposed principles of corporate governance. That effort will continue. Tender offer legislation, new environmental initiatives, and structural changes in banking and other financial fields will undoubtedly attract our attention. We shall not hestitate to speak up. To broaden the leadership base of our Section Our officers, committee chairmen, and committee members have too often been white male partners in large law firms. I will make every effort to appoint outstanding lawyers from under-represented groups -- women, minorities, academics, corporate counsel -- to Continued on page 3 Council and Chairmen Discuss Association and Corporate Governance The Section Council and committee chairmen held their annual meeting on August 4 and 5 during the Annual Meeting of the American Bar Association in Chicago. The Council urged Section members to attend the ABA Assembly and support the recommendations of the Special Commission on Association Gov- ernance. These amendments to the association's constitution were presented to the opening meeting of the Assembly on Monday morning, August 6. Section members showed up in strength at the Assembly meeting, and the amendments passed without opposition. Pursuant to these amendments, Continued on page 2 INSIDE... 0 London Meeting Offers Many Choices. Page 3. * Subcommittee Will Work with EPA on Statutory Review. Page 4. * Changing Accounting Principles Unsettle Financial Covenants. Page 5. 1 Section Expresses Concern to Tennessee Board of Examiners. Page 7. * Help Wanted with Recent Literature. Page 7. * Section Appoints Rep to State Department Committee. Page 8. SECTION OF CORPORATION. BANKING AND BUSINESS LAW An\

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