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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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Articles

The 1, 2 Step of Data Retention

By Sarah Motley Stone (Partner), Mark Henriques (Partner)

Womble Bond Dickinson hosted a panel discussion on the current challenges involving data retention and e-discovery. In particular, the session looked at employee use of personal devices for business purposes, as well as a growing trend by digital messaging platforms to automatically delete messages shortly after they are delivered. This article is taken from that panel discussion.

Articles

Ten Ways Your Limitation of Liability Provision Is Actually Ineffectual

By Alexandra J. Gage and Sara E. Potts, Attorneys of Doerner, Saunders, Daniel & Anderson, LLP (Meritas Member Firm)

Once it is determined how liability needs to be limited in a contractual agreement, an attorney should take careful steps to ensure the limited liability provision is actually enforceable. This article discusses ten ways that your drafting of limitation of liability provisions may be ineffectual and unenforceable.

Articles

Netherlands Corporate Alert: UBO Registrations of Trusts and Funds for Joint Account (Eversheds Sutherland)

By Eversheds Sutherland

As of 1 November 2022 trusts and funds for joint account (fondsen voor gemene rekening) are required to register an Ultimate Beneficial Owner (uiteindelijke belanghebbende) (UBO) with the Dutch UBO Register as managed by the Dutch Chamber of Commerce. The initial registration for existing trusts and funds for joint accounts with the UBO Register had to be completed before 1 April 2023. A trust with a trustee located in the Netherlands must register its UBO. The same applies, for example, in case a fund for joint account is created under Dutch law. Note that the criteria that apply to determine whether a UBO of a trust or fund for joint account qualifies for registration are different from (and wide in cope) those applied to Dutch legal entities.

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