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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

Public or Private: When Should a Company Go Public and When Should It Stay Private?

By Owen D. Kurtin, Kurtin PLLC

Public reporting company status is traditionally prestigious, increases access to capital, improves liquidity and enables more favorable financing terms and opportunities. Yet public reporting company status exposes companies to the glare of public scrutiny and burdensome compliance obligations, often before they are ready to shoulder those responsibilities and sometimes without raising much capital or increasing liquidity and financing opportunities appreciably. In the meantime, the private equity markets increasingly dwarf the public markets and provide the overwhelming amount of capital markets investment. This article addresses the question of when should companies go public, and when should they stay private.

Articles

A Unanimous Supreme Court Rules of Undue Hardship in Religious Accommodation: De Minimis Is Out, "Substantial Increased Costs" Is In

By Dawn Solowey, Lynn Kappelman, and Darien Harris (Seyfarth Shaw LLP)

This article discusses the unanimous US Supreme Court decision that has effectively disavowed the long-standing de minimis standard in Groff v. Dejoy, clarifying Title VII's undue hardship standard to mean "substantial increased costs in relation to the conduct of its particular business."

Articles

Acknowledging Federal Holidays in the Workplace -- Including Juneteenth (United States)

By Shar Bahmani, and Katya M. Lancero, Sacks Tierney (a Meritas law firm)

This article explains whether private-sector employers are required to acknowledge federal holidays and provide premium holiday pay, it highlights Juneteenth National Independence Day and provides ways for companies to celebrate the holiday, and it summarizes federal contractor holiday pay requirements and religious accommodation obligations.  Finally, this article underscores the importance of a holiday pay policy, identifies “do’s and don’ts” for holiday parties, and sets forth public-sector employer holiday pay requirements. 

Sample Forms, Policies, and Contracts

Commercial Lease (US)

This form is a sample agreement for the rental of a premises. It covers expenses, maintenance and repairs, quiet enjoyment, and other issues.

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