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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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February 28, 2024 | 8:30 AM - 12:30 PM EDT

The Inn at Villanova University
601 County Line Rd.
Radnor, PA, USA 19087

Overview (Program Summary)

A program hosted by:

ACC Greater Philadelphia

8:30 a.m. - 9:00 a.m.
Registration & Breakfast

 

Session 1 - 9:00 a.m. - 10:00 a.m.
"Oh my, AI: The Impact of Artificial Intelligence on Key Business Agreements"
Presented by Obermayer Rebmann Maxwell & Hippel LLP

These days, news about artificial intelligence is constantly popping up in articles and our social media feeds—and the content we read is increasingly written by ChatGPT and other generative AI systems.  Given the trends, it’s no surprise that corporate attorneys are considering whether these tools can help draft agreements with customers, vendors, consultants, and employees.  While ChatGPT passed the bar exam last year, there are still significant risks in using AI to help draft documents.  In this program, we’ll discuss the impact of AI on contract drafting and use it as a springboard for discussing the state of the law regarding NDAs and restrictive covenants, as well as independent contractor and consulting agreements.

Speakers:

  • Michael Pepperman, Partner, Obermayer Rebmann Maxwell & Hippel LLP
  • Ivo Becica, Partner, Obermayer Rebmann Maxwell & Hippel LLP
  • Teleicia Dambreville, Director, Senior Counsel, Burlington Stores, Inc.

Session 2 - 10:15 a.m. - 11:15 a.m.
"Avoiding Déjà Vu All Over Again: Incorporating Lessons Learned from the Courthouse into Commercial Contracts"
Presented by Ballard Spahr LLP

Common provisions in agreements often have significant impact on litigation that arises under those agreements.  In this program, we will discuss how experience in litigating disputes involving commercial contracts can inform how to negotiate future agreements to both mitigate risk and better position your client in a dispute arising out of the agreement.  We will highlight such familiar provisions as limitations of liability, diligent efforts, termination right, and dispute resolution clauses, and how those provisions can be drafted to avoid unintended consequences and improve litigation positions.

Speakers:

  • Robert Baron, Partner, Ballard Spahr LLP
  • Mike O’Connor, Global General Counsel, CSL Behring

 

Session 3 - 11:30 a.m. - 12:30 p.m.
"Act 122 of 2022, New Reporting Obligations for LLCs and What’s Up Next"
Presented by Stradley Ronon

With a slate of changes to the Pennsylvania Business Corporation Law (BCL) and the implementation of new reporting requirements, how can Pennsylvania limited liability companies (LLCs) best navigate these complex obligations? And what does the legislative landscape for LLCs look like going forward?

Tune in for an overview of the latest in LLC developments, reporting obligations and what to expect in the future, including:

  • Revisions based on changes in the BCL:
    • Ratification of defective acts.
    • Entity records and use of blockchain technology.
  • New and modified reporting requirements for Pennsylvania entities:
    • Annual reports to be filed with the secretary of state.
    • Beneficial ownership information reporting obligations under the Corporate Transparency Act.
  • Revisions based on the American Law Institute’s “Principles of Corporate Governance” (as endorsed by the Pennsylvania Supreme Court).
  • Changes contemplated by updates to the Uniform Limited Liability Company Act.

Speakers:

  • Lisa Jacobs, Partner, Stradley Ronon
  • Megan Stamm, Associate, Stradley Ronon

 


CLE

State: PA & DE (NJ is reciprocal self-reporting)
Category: General
ACC

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