July 29, 2008

More on

Recently, I blogged about an interesting new website that has the potential to empower investors more. In this podcast, Andy Eggers discusses his website “,” including:

– Where did you get the idea for the site? How long did it take to launch?
– What features does currently have?
– Any plans to tweak things going forward?
– What have been the biggest surprises in how the site is used so far?

Just Mailed: July-August Issue of The Corporate Counsel

We have just wrapped up the July-August issue of The Corporate Counsel, which includes pieces on:

– Correcting CEO/CFO Certifications—New S-K Interps
– De-Mystifying the 135-Day Rule on the Age of Financial Statements When 1933 Act Registration Statement is Effected
– “No View” on Bebchuk Proposal
– Disclosing Pending Government Investigation—Qui Tam Actions
– Recent Uptick of Software Revenue Recognition Accounting Problems
– SEC Backs Off Inflation Adjustment
– PCAOB Inspection Tidbits
– Staff’s Non-Use of E-Mail–A Few Insights
– Clarifying California’s Updated Stock Option Regs—Expansion by Regulation of Its Rule 701-Like Statutory Exemption
– North Dakota’s New Corporation Law—Now, We Get It!

Act Now: Take advantage of this “Half Price for Rest of ‘08” No-Risk Trial to have this issue sent to you immediately.

Wanna Feel Good? Remember You Aren’t Taking the Bar Exam

A member sent this in: It’s that time of year when graduating law school students find out what pain is really about – studying for the bar exam (I’ll spare you my nutty bar exam experience). A member just sent me this: In this recent decision, the Delaware Supreme Court affirmed the decision of the Delaware Board of Bar Examiners refusing denying Papdima’s request for partial certification of her qualifications to take the Delaware Bar Examination.

Papadima studied civil law for four years at the law schools of the University of Bucharest in Romania and the University of Paris receiving a joint degree in 2003 and received an LLM from the University of Paris in 2004 and an LLM from Harvard Law in 2006.

Unfortunately, the Delaware Board of Bar Examiners determined that Papadima failed to satisfy the qualifications to take the Delaware Bar examine because neither the University of Bucharest nor the University of Paris, from which she received undergraduate law degrees, is approved by the American Bar Association and the LLM. she received from Harvard Law School is not the equivalent of a juris doctor degree from an ABA approved law school.

What made this case particularly interesting was that Papadima has been a member of the Bucharest Bar since 2004, a member of the Paris Bar since 2006, and a member of the New York Bar since 2007 and is currently a member in good standing of all three Bars. In addition, Papadima spent several months in 2004-2005 practicing Romanian law with Linklaters in its Romanian office and after receiving her LL.M. from Harvard Law School in 2006, worked at Latham & Watkins in New York for approximately a year. Best of all, Papadima is currently employed for a one-year clerkship in the Delaware Supreme Court, assigned to Justice Jack B. Jacobs (who disqualified himself sua sponte).

– Broc Romanek