NAW Billion Dollar CLO Roundtable, Fall 2016

November 1st-2nd, 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
Download Content from this Roundtable

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.


Sponsor_CTA_SponsorshipOpen
*For further details about sponsoring this Roundtable, contact John Peter at jpeter@naw.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.

Become a Billion Dollar Company CLO Roundtable member. Click here.

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

November 1st, 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

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.

November 2nd, 2016 – Day 2

7:00 AM – 7:45 AM
Breakfast

8:00 AM – 9:30 AM
Opening Session & Discussion
“Preparing for Website Accessibility Litigation”

Speaker: Jeff Kosc of Benesch, Friedlander, Coplan & Aronoff LLP

There is an ongoing momentum in filing website accessibility lawsuits under the Americans with Disabilities Act (ADA).  Billion Dollar companies should expect that your website could be audited soon, if it is not already being audited.  The U.S. Department of Justice (DOJ) is developing enforceable website accessibility regulations, which may mirror the Web Content Accessibility Guidelines (WCAG) 2.0, the standard that governs federal government agencies.

Despite the absence of enforceable website accessibility regulations, plaintiffs’ lawyers have been filing scores and scores of lawsuits against billion dollar corporations across the U.S. in the past 18 months.  They claim that the general provisions and purpose of the ADA extend to website accessibility and point to the Section 508 Standards and WCAG 2.0 as alternative benchmarks for compliance. Their positions are also sometimes bolstered by “Statements of Interest” filed by DOJ. Faced with the prospect of high litigation costs, unflattering publicity and an uncertain outcome, many of the targeted companies have determined that the cost-benefit analysis points to settlement.

Takeaways

This session will focus on recommendations for mitigating potential website accessibility litigation, and answer the following questions:

  • Do websites have to be ADA accessible?
  • Does a website that does not market to the public have to be accessible?
  • What are company liabilities as it relates to similar situations where: (a) visually impaired are unable to read privacy policies, and (b) refresh standards that are based on the needs of the epileptic?


9:30 AM – 9:45 AM

Break

 

9:45 AM – 11:00 AM
Presentation & Discussion
“Need to Know on California Employment Law, 2016/2017 Edition”

Speaker: Laura Mitchell of Jackson Lewis

California set out to be the strongest equal pay law in the United States and last year passed the California Fair Pay Act (CFPA). The CFPA makes it easier for employees to bring and win pay discrimination claims by making it more difficult for employers to justify unequal pay between men and women and eliminating the requirement that the jobs that are compared must be located at the same establishment. Since then, the California legislature has proposed additional amendments to the CFPA which would prohibit employers from asking about and basing pay on prior salary history as well as expand the CFPA to include race and ethnicity. Add to that a revised EEO-1 report, which will require employers to annually submit detailed pay, gender and race data for all employees starting in 2018; increasing pay discrimination litigation and agency enforcement actions; and growing pressure from activist investors on companies, especially technology companies in Silicon Valley, to guarantee “pay equality.” These quick-moving developments change the “pay game.” During this session, Jennifer will explain the changing pay equity landscape in California and how employers can respond now proactively to protect their organizations.

Takeaways

  • Familiarize yourself with the California Fair Pay Act and the additional proposed amendments that would make it an increasingly aggressive equal pay law;
  • Understand growing pressure from activist shareholders at Silicon Valley technology companies to guarantee pay equality and to publicly announce they pay their employees equally;
  • Learn about the EEOC’s new EEO-1 Pay Reporting requirements – how EEOC plans to publish employer pay data and how it will be used by EEOC and OFCCP to initiate systemic pay investigations, even in the absence of complaints by employees;
  • Gain insights into the EEOC’s and OFFCP’s investigation methods and the best ways to respond to pay audits and investigations; and
  • Learn how to conduct a privileged review of your pay systems to proactively identify and eliminate pay equity issues.

 

11:00 AM – 12:00 PM
Open Discussion

Suggested Topics from Roundtable Members: (1) Regulations regarding shipping products into different states, (2) MBEs & DBEs 

This session is set aside for you to raise any issue you would like and have the group provide their thoughts. This is an open forum to further discuss any item on the agenda or to bring up topics that are not on the agenda. Make sure to take notes during this session, you may find a perfect topic to suggest for the next NAW Roundtable.

 

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
“Billion Dollar Distributor Vulnerability to Liabilities for Defective or Contaminated Products”

Speaker: Steve Kluting, Esq. of Arthur J. Gallagher & Co.

Billion Dollar Distributors are becoming as vulnerable as manufacturers to products liability claims and losses.  Distributors had believed to be impervious to products liability risks for two reasons: (1) having not taken part in the design, labeling, or manufacture of the product, the distributor cannot foresee the imposition of liability; and (2) the distributor may reasonably assume, perhaps because of the assurances of the manufacturer, that in the event of a claim the distributor will be covered under the manufacturer’s policy.

Conversely, the financial burden imposed on distributors by products liability claims comes unexpectedly when: (1) the law imposes liability on the distributor either by virtue of its membership in the supply chain or because of its own negligence; or (2) the manufacturer’s policy fails to cover the distributor.

Takeaways

This session will discuss circumstances under which products liability may be imposed directly on distributors as well as the circumstances under which distributors may find themselves limited coverage.  Topics discussed include:

  • Which types of insurance provide the best protection/coverage?
  • Should vendors be required to have insurance?
  • What are the best practices in designing and drafting agreements with manufacturers?
  • Overview of “terms and conditions” agreements.  Best practices to moderate liability between distributors and manufacturers.

 

2:00 PM – 2:30 PM
Set Agenda for Next Meeting Scheduled for May 16-17, 2017

 

2:30 PM
Adjourn

 

Registration is closed for this NAW Billion Dollar Company CLO Roundtable








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