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3 Bus. L. Memo 1 (1982-1983)

handle is hein.journals/buslwme3 and id is 1 raw text is: Volume 3 Number 1
September/October 1982

From the Section Chairman...
Your editor has asked for a report on the state of
the Section as our new ABA year starts.
From my perspective, Ken Bialkin has left the Section
in excellent shape. Although Section membership, consis-
tent with ABA membership generally, has only inched
ahead, committee membership has surged with over 6,000
members on committee rosters compared with about 3,000
two years ago.
Section and committee activities reached an all-time
high at the recent San Francisco meeting. Over 2,300
members attended.     According to statistics painfully
compiled by our manager Nan Barry, the Section and its
committees and subcommittees held 94 meetings and put on
23 programs. Attendance held at a high level all the way to
5:15 on the final day. All these activities were conducted
within a budget (subject to final audit) that left the Section
with a modest surplus from operations for the fiscal year
ended 1982.
In the House of Delegates
Section members will be interested in a number of
matters that came before the House of Delegates in San
Francisco:
* FTC Powers. After failing to achieve a compromise
proposal with the Antitrust Section, our Section presented
its own proposal to urge Congress to limit the FTC's
rulemaking powers regarding deceptive practices and to
repeal the FTC's power to make rules based on an unfair-
ness standard. Although the proposal was opposed on the
floor, after comments by our Section delegate George
Richter and Board of Governors liaison Art Leibold, the
House of Delegates approved our proposal.
* Corporate Counsel.   The Section presented a
proposal to the House to amend the International Trade
Commission's General Procedures for the Conduct of
Investigations to insure that corporate (in-house) counsel
are given the same right of access to confidential informa-
tion under a protective order as is given to retained
counsel. Again, after debate, our proposal was adopted by
the House of Delegates. In this effort George Richter was
aided by Ken Burns, former ABA secretary and presently a
member of our Committee on Corporate Law Departments.
* Product Liability.    Our resolution sought to
terminate the previous ABA resolution opposing federal
product liability legislation and to adopt a new resolution
favoring it. In the debate over deferral of the matter, our
cosponsor, the Section on Public Contract Law, urged that
(Continued on page 2)

INSIDE...
Section Council
Acts on Several
Committee
Recommendations.
Page 3.

o Supreme Court Decision
Declares Jurisdictional
Grant to Bankruptcy
Courts Unconstitutional.
Page 3.
o Federal Securities
Committee Will Meet with
SEC in November.
Page 4.
O Task Force Investigates
RICO Use in Civil
Cases. Page 4.
@Commodites Seminar
Planned for January.
Page 5.
o European Parliament
Harmonizes Laws of Ten
Nations. Page 5.
OEmployee Benefits and
Executive Compensation
Are Subjects of New
Committee. Page 7.
0 Officers and Council
Members Elected.
Page 7.

SECTION OF
CORPORATION,
BANKING AND
BUSINESS LAW

/AI~

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