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From: 	"BNA Highlights" <bhighlig@bna.com>@ENRON [mailto:IMCEANOTES-+22BNA+20Highlights+22+20+3Cbhighlig+40bna+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Tuesday, June 05, 2001 11:18 PM
To:	BNA Highlights
Subject:	June 6 -- BNA's Corporate Counsel Weekly

______________________________

BNA'S CORPORATE COUNSEL WEEKLY
Highlights & Table of Contents
June 6, 2001
______________________________

ISSN 1522-5305

Registered Web subscribers can access the full text of these
articles by using the URL link supplied.

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BNA Customer Relations at 1-800-372-1033, Mon. - Fri. 8:30
am - 7:00 pm (ET).
__________

HIGHLIGHTS
__________

Disclosure: SEC-inspired task force says companies should
voluntarily disclose more forward-looking financial data . .
. Page 169

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m6t1_

Shareholder Proposals: Request that options be rescinded,
reauthorized may be excluded . . . Page 170

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f7v4r7_

Securities Fraud: Intent not to honor stock option sold
pursuant to oral contract violates '34 act . . . Page 170

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y7q7_

Disclosure: Companies continue to manipulate financial
statements to offer "idealized" view of earnings . . . Page
171

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2q5_

Attorney-Client Privilege: Ad agency must produce draft ads
containing lawyer's handwritten notes . . . Page 172

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f2q3z5_

Corporate Counsel: Litigation would result in improper
disclosure of defendant's confidences . . . Page 172

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g3c0g1_

Age Discrimination: Fired manager can't show bias even
though employer destroyed documents used to plan RIF . . .
Page 174

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0f4b9_


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Focus
_____

Disclosure: SEC staff developing rules that would require
corporate insiders to file stock transaction reports
electronically . . . Page 176

http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y6m2_


_________________

TABLE OF CONTENTS
_________________

Topical Summary

Age Discrimination
   Not every RIF document must be retained by company . . .
   Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0f4b9_

Attorney-Client Privilege
   Company must produce drafts with notes of target's
   counsel . . . Page 172
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f2q3z5_

   Privilege, work-product rule protect talks, PR firm's
   data . . . Page 172
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m1k5_

Attorneys
   Court warns lawyers about citing unpublished opinions . .
   . Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k1z9_

Corporate Counsel
   In-house counsel disbarred for filing false reports,
   lying to SEC . . . Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a2_

   Lawyer's duty of confidentiality derails wrongful
   discharge suit against employer . . . Page 172
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g3c0g1_

Disclosure
   E-filing of Section 16 reports could be required within a
   year . . . Page 176
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y6m2_

   SEC's Hunt cites problem of revenue manipulation . . .
   Page 171
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2q5_

   Task force recommends that companies disclose more
   forward-looking information . . . Page 169
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m6t1_

FMLA
   High court lets stand decision finding FMLA notice rule
   invalid . . . Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a8_

Mergers and Acquisitions
   White & Case survey shows need to harmonize worldwide
   maze of inconsistent merger control laws . . . Page 171
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/A0A4G2K6Y8_

National Labor Relations Act
   NLRB revises language for settlements after temporary
   injunctions . . . Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a5_

Securities
   Overhaul of '33, '34 acts may be result of NMS review . .
   . Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k1z6_

Securities Fraud
   Oral promise to sell option intending to dishonor is
   fraud . . . Page 170
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y7q7_

Sexual Harassment
   No adverse job action if complaints not reported . . .
   Page 173
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2m5_

Shareholder Proposals
   Company may exclude request on reauthorization of options
   . . . Page 170
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f7v4r7_


______________

Table of Cases
______________

Application of the Federal Trade Commission for an Order
Compelling Avrett Free & Ginsberg to Comply With a Subpoena
for Documentary Material, In re (S.D.N.Y.) . . . Page 172
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f2q3z5_

Brungart v. BellSouth Telecommunications Inc. (U.S.) . . .
Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a8_

Copper Market Antitrust Litigation (Viacom Inc. v. Sumitomo
Corp., In re (S.D.N.Y.) . . . Page 172
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f8m1k5_

Florida Bar v. Wolis (Fla. (per curiam)) . . . Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k2a2_

Murray v. Chicago Transit Authority (7th Cir.) . . . Page
173
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4f9q2m5_

Rummery v. Illinois Bell Telephone Co. (7th Cir.) . . . Page
174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0f4b9_

Sorchini v. Covina, Cal. (9th Cir.) . . . Page 174
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g2k1z9_

Wharf (Holdings) Ltd. v. United International Holdings Inc.
(U.S.) . . . Page 170
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g0y7q7_

Wise v. Consolidated Edison Co. of New York Inc. (N.Y. Sup.
Ct. App. Div. 1st Dept.) . . . Page 172
   http://pubs.bna.com/ip/BNA/ccw.nsf/id/a0a4g3c0g1_

   __________
   BNA's Corporate Counsel Weekly (ISSN 1522-5305)
   Highlights are published weekly by The Bureau of National
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