Don’t Forget! Cybersecurity Webinar on PLI PLUS

As a part of PLI’s ongoing webinar series, we will be highlighting our Cybersecurity content on Wednesday April 24th at 2:00pm ET. Each monthly webinar will cover a different practice area while also demonstrating the overall functionality of the research database.

These webinars are meant to be a convenient way to learn more about PLI content in an area of the law. Each webinar will start with an overview of relevant PLI resources to be followed by three research scenarios.

If you are interested in participating, please send an RSVP to

Library Ledger, April 2019, Volume 7, Issue 1

The latest edition of the Library Ledger is now available!

In this edition, we highlight the latest journal from PLI Press–PLI Current: White Collar Practice Journal! We also showcase the latest PLI PLUS enhancements for advanced searching. Lauren Allshouse, Library Relations Manager, discusses the team’s travel experiences from the last six months.

Looking for an older edition? The complete archive of the Library Ledger is available here.

Happy National Library Week from PLI!

Yesterday marked the beginning of National Library Week. The theme this year is “Libraries = Strong Communities,” so we at PLI are celebrating our commitment to the legal research community. We also celebrate the PLI librarian team, which works to build strong relationships within the law library community. It is through this work with local and national organizations, that we are able to gain the insights and feedback needed to bring valuable enhancements to our PLI PLUS research database.

Interested in learning more? Email us at

Securities Law and Practice Deskbook – Updated!

Securities Law and Practice Deskbook remains your definitive one-volume guide to the Securities Act of 1933 (“Securities Act”), the Securities Exchange Act of 1934 (“Exchange Act”), relevant rules and regulations, and key case law. The book is intended to serve as an initiation into the U.S. federal securities laws and the way that securities lawyers approach problems. It also is meant to serve more experienced practitioners as a general review and first resource when approaching an unfamiliar area of securities law.

Release #13 brings you up to date on the latest important developments in securities law. Highlights include:

Chapter 5, Reach of Securities Act Regulation. Cryptocurrencies and “ICOs” (initial coin offerings) continue to be the rage at the U.S. Securities and Exchange Commission. The Commission brings a first-of-its-kind enforcement action against the operator of an unregistered token “exchange.” Significant fines and penalties continue to be imposed with respect to unregistered token offerings. Also , the Commission instituted and settled enforcement actions against celebrity promoters of ICOs for violations of the Securities Act’s “anti-touting” provisions. Finally, the Commission also pursues enforcement action against the 21st-century example of “free stock” “airdropping” tokens in blockchain scenarios.

Chapter 6, Securities Act Registration Exemptions. The number of PIPE offerings was essentially flat during 2018, but offering amounts were up 44%, to $31 billion. In response to a congressional requirement, the Commission made Regulation A+ available to reporting companies.

Chapter 8, Liability for Securities Act Violations. Beware the “tout sheet.” Emphasizing Commission enforcement action under Securities Act section 17(b), that section gets applied in connection with the Commission’s focus on ICOs as the Commission brings “anti-touting” enforcement actions against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in ICOs.

Chapter 9, Registration and Periodic Reporting Under the Exchange Act. An enforcement action against Tesla and Elon Musk underscores the need to proceed with caution when using social media to satisfy the company’s disclosure obligations. The Commission continues its focus on non-GAAP financial measures with first-of-its-kind enforcement action for violation of the “equal or greater prominence” requirement.

Chapter 10, Regulation of Proxy Solicitations. After lengthy delay, the Commission adopts the hedging disclosure requirements that were required by section 955 of the Dodd-Frank Act. The fate of several Dodd-Frank rules (e.g., pay for performance and “clawbacks”), continues to be unclear. New Staff Legal Bulletins in the shareholder proposal area urge companies to submit board analyses when seeking to exclude shareholder proposals under the “ordinary business” and “economic relevance” grounds for exclusion.

This essential treatise is available on PLI PLUS. If you would like to order a print copy, please contact

What’s New for March

We add content to PLI PLUS every month to ensure our subscribers have access to the most up-to-date and relevant secondary source legal documents. Renowned legal experts regularly update our acclaimed Treatises, Course Handbooks, Answer Books, Transcripts, and Forms to reflect recent changes and developments in the law.

Click here to see what we added in March!

New Edition! International Corporate Practice

International Corporate Practice: A Practitioner’s Guide to Global Success provides guidance on building a comprehensive global legal department, including advice on structuring, staffing, and budgeting, as well as the use of foreign legal consultants and outsourcing.

Written by some of the nation’s leading corporate attorneys and edited by Carole Basri, this release for International Corporate Practice expands and updates the title with new material designed to enable lawyers to operate efficiently on the global stage. Topics discussed include the following:

  • International Attorney-Client Privilege: Chapter 2 provides updates on the privilege in the United States(Section 2:2.1); Germany, with special reference to the Volkswagen/Audi diesel scandal(Section 2:2.2[B]); Portugal, with respect to the Anti-Money Laundering and Terrorism Prevention Law of 2017 (Section 2:2.2[F]); and Brazil(Section2:2.4[B]).
  • International Internal Investigations: Chapter 9 adds new material on the European Union’s General Data Protection Regulation (GDPR), which replaced the European Data Protection Directive, particularly with respect to the requirement of adequate justification for transfers of personal data to countries outside the European Economic Area (Section 9:3.3[B]). Also covered are legal privilege issues in internal investigations in Germany and the United Kingdom (Section 9:4).
  • International Business Arbitration: Chapter 11 clarifies the difference between the “legal seat” of the arbitration and the “venue” (physical location) of the arbitration (Section 11.2.1[C], Section 11:5); addresses the use of temporary, emergency arbitrators (Section 11:2.2.3[A]); and explains the potential roles of the “court of secondary jurisdiction” and the “court of primary jurisdiction” in the enforcement or vacatur of an arbitration award (Section 11:10.2).
  • International Antibribery Laws: Chapter 18 highlights a variety of enforcement developments, including prosecutions under the Foreign Corrupt Practices Act of foreign subsidiaries of U.S. corporations, and significantly increased penalties and fines (Section 18:4.1), as well as with multilateral efforts under the OECD Convention (Section 18:4.2).

This essential treatise is available on PLI PLUS. If you would like to order a print copy, please contact