News & Events

Recent News

Brooks, Pierce, McLendon, Humphrey & Leonard, LLP is pleased to announce that 32 lawyers, representing 40% of the firm’s attorneys, were recently selected by their peers for inclusion in The Best Lawyers in America® 2011 (Copyright 2010 by Woodward/White, Inc., of Aiken, SC.)

Some of the provisions of the Act are effective immediately; others will require rulemaking by the SEC and/or federal banking regulatory authorities. Many of the new requirements will impact the 2011 annual reporting season. Summarized here are the executive compensation, corporate governance and securities disclosure provisions of the Act.


Recent Events

The Sports and Entertainment Law Association held its first Sports and Entertainment Law Symposium on Friday, April 16 from 1:00 p.m. - 5:00 p.m. The Symposium featured attorneys practicing in these fields throughout the state of North Carolina with keynote speakers William Traurig, General Counsel for the Carolina Hurricanes and Coe Ramsey, Entertainment and Music Lawyer with Brooks Pierce.


Recent Publications

One month after federal regulatory banking authorities released their Guidance on Incentive Compensation (the “Guidance”), President Obama signed into law The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Act”).

Included among the provisions of this massive legislation are several provisions that will impact the executive compensation and corporate governance and securities law disclosure requirements of all public companies. In addition to incorporating the Guidance, public companies have additional regulations to digest and implement.

Some of the provisions of the Act are effective immediately; others will require rulemaking by the SEC and/or federal banking regulatory authorities. Many of the new requirements will impact the 2011 annual reporting season. Summarized below are the executive compensation, corporate governance and securities disclosure provisions of the Act.

Offering employee benefits in addition to wages is one way to help attract and retain quality employees. However, providing benefits entails a host of dizzying rules with clever acronyms such as “ERISA,” “COBRA,” and “HIPAA.” The headaches multiply for small business owners, who are busy running the business and possibly lack HR departments to handle benefits. However, regardless of the difficulty, failure to administer benefits properly can result in severe fines and penalties. This article offers a brief overview of the applicable rules and describes the problems that can arise when employers do not comply with them.