May 3rd-4th, 2016 at the O’Hare Hilton
“The Billion Dollar CLO Roundtable is a great opportunity to network with peers and discuss common issues and brainstorm. I often find our discussions more useful than the continuing legal education seminars we general counsel must attend.”
Matthew Geekie, Senior Vice President, Secretary & General Counsel, Graybar Electric Company
Eligibility: Companies with $1B+ in annual revenue.
The NAW Billion Dollar Roundtable is the only opportunity that provides networking and benchmarking exclusively with other top executives of non competing, like-sized Wholesale-Distribution companies.
*For further details about sponsoring this Roundtable, contact John Peter at firstname.lastname@example.org
The NAW Billion Dollar Company Chief Legal Officer Roundtable for direct members was created as a new mechanism for the Chief Legal Officers of large distribution enterprises to network with non-competing peers in multiple lines of trade on key finance issues.
Similar to other billion dollar roundtables NAW has created for the CIO, CFO, Operations, and Human Resource executive, this by invitation only roundtable is composed of executives from billion dollar companies that meet in Chicago two times per year. This highly interactive group consists of the SENIOR-MOST legal executives. The annual fee is $1,800 per member, which covers meeting costs for two events in a twelve month cycle. Participants are expected to cover the cost of their hotel and travel. Once the annual fee is paid, there are no additional fees to attend the meetings, which will last one day beginning with a reception and dinner the evening before.
The participating companies can also name an alternate who can take the place of the Legal Executive, should that person be unable to attend the scheduled meeting.
If you would like to learn more, please contact John Peter or Tamela Blalock at 202.872.0885.
NAW Billion Dollar Company CLO Roundtable Agenda
May 3rd, 2016 – Day 1
6:00 PM – 7:00 PM
Drinks & Dialogue Reception
Come prepared to meet and mingle with your fellow participants from the largest firms in the industry.
7:00 PM – 9:30 PM
Billion Dollar Executive Dinner
Speaker: Jade West of NAW
Make sure to attend the most exclusive executive supper club in Chicago this evening! This dinner is your opportunity to pick the brains of the senior executives for the top wholesale distribution companies in the industry. This is a joint dinner that will include the CLO, HR and Operations executives attending the spring Roundtable.
May 4th, 2016 – Day 2
7:00 AM – 7:45 AM
8:00 AM – 9:30 AM
Opening Session & Discussion – Joint Session with HR Roundtable – “Limiting Employer Liability with Class Action Waivers & Employment Arbitration”
Speakers: David Goodman & Lauren Daming of Greensfelder
The session will discuss how arbitration provisions and class action waivers can aid employers in controlling the expense and exposure from disputes with employees. We will discuss the line of United States Supreme Court cases favoring the enforceability of agreements to arbitrate and will also review how the lower federal courts and state courts have handled arbitration provisions and class action waivers in recent years. The session will provide an overview of the benefits to be gained from arbitration and class action waivers in the employment dispute context as well as various challenges that employers can expect to face when trying to enforce these provisions, including strategic options for limiting exposure after class or collective actions have been filed. Additionally, we will review unsettled issues related to these topics that are likely to be litigated in the future and methods for avoiding potential pitfalls in light of this uncertainty.
Employers will understand the benefits of including arbitration provisions and class action waivers in their agreements with employees, the potential challenges involved with enforcing these provisions, and unsettled issues that may affect the enforceability of these provisions in the future.
9:30 AM – 9:45 AM
9:45 AM – 11:00 AM
Presentation & Discussion – “Pay Discrimination: The Feds and California Set New Rules New Reporting Requirements, Increased Enforcement, Big Monetary Settlements, and How You Can Protect Your Company”
Speaker: Matt Camardella of Jackson Lewis P.C.
As he nears the end of his term, President Obama made eliminating the “pay gap” his top civil rights enforcement priority. EEOC’s proposal to require annual submission of W-2 earnings, race and gender data for all employees and the new California Fair Pay Act (and copy-cat acts in many other states) change the pay game. These new reporting requirements and employee-friendly laws make it easier to bring and win class-action pay discrimination claims. This session will discuss these new, powerful tools the enforcement agencies and plaintiff’s class counsel are using and how best companies can respond.
This presentation will provide the following takeaways:
- Provide practical, easy-to-understand strategies to help defend your organization from the increasingly aggressive enforcement strategies employed by EEOC and OFCCP;
- Explain why every employer should be running an EEO pay analysis given the government’s focus on pay discrimination;
- Learn how to set up the project to protect the analysis under privilege in subsequent investigations and litigation.
11:00 AM – 12:00 PM
Open Discussion & Hot Topics in California Labor Law
To kick-off the open discussion session, the Billion Dollar CLOs will share best practices in managing the very difficult landscape that is California employment law. For the uninitiated California employment law includes such wonderful gems like: (1) 21+ labor laws on meal breaks, (2) the tricky calculations for 24 hours of annual sick leave, and (3) the mandate of setting the restroom temperature to 68 degrees.
Be prepared to further discuss this issue and others in more detail. This is also the open forum time to further discuss any item on the agenda or to bring up topics that are not on the agenda.
12:00 PM – 12:45 PM
Joint Networking Lunch with HR and Operations Executives
This is the “halftime” period where you meet up with all of the Billion Dollar Company senior executives at this week’s Roundtable to compare ideas and benchmark across disciplines. All 3 groups: Operations, HR and CLO executives will attend this joint lunch.
1:00 PM – 2:00 PM
Closing Session & Discussion – “American Horror Stories…W-D Liability in Product Recalls”
Speakers: Cheryl Falvey & Natalia Medley of Crowell & Moring LLP
While manufacturers are often most closely associated with product recalls, distributors are not immune from recall responsibilities. In fact, in the case of court-mandated recalls, it’s the responsibility of distributors to alert customers and participate in the collection of recalled products. Recent US legal findings have determined that distributors in certain circumstances will have to bear the final financial burden for the recall: “In cases where the manufacturer is out of business, in bankruptcy, or is located in a foreign country, the US-based wholesaler-distributor may become the responsible party.” A legal consultant will discuss various case studies of product recall situations involving wholesale distributors.
Case studies reviewed involve:
- The W-D legal responsibilities for products that may need to be recalled, as distinguished from retailers, manufacturers, licensors and others in the supply chain;
- How their business decisions may affect their liability profile from a regulatory and litigation perspective;
- Regulator expectations with regard to corporate due diligence and compliance programs;
- Trends from the plaintiffs’ bar.
2:00 PM – 2:30 PM
Set Agenda for Next Meeting Scheduled for November 1-2. 2016