June 2007 Minutes

The Corporate, Banking & Securities Section Council met this date via conference call. Participating members included Laurie A. Becker, Thomas A. Brumgardt, Joseph D. Clark, Daniel J. Fritz, John H. Muench, Mark S. Sharpe and James W. Sheedy.  Representing the Bar staff was Tara Smith.

Mr. Brumgardt called the meeting to order.

The first item of business was discussion on the proposed amendments to House bill 3274, regarding the unauthorized practice of law in South Carolina. Mr. Brumgardt reported that the bill did not pass and asked whether the Council was interested in pursuing during the next legislative session.  It was suggested to invite a member of the Unauthorized Practice of Law Committee to the next Council meeting to address the issue.  Mr. Brumgardt was to forward a draft of the proposed amendments to the Council for discussion at the next meeting.

In the next item of business was discussion on the 2008 Bar Convention scheduled for January 24th â€" 27th.  Mr. Brumgardt announced that the Bar’s Senior Lawyers Division was interested in collaborating with the Section at the Bar Convention. He noted that the Senior Lawyers Division Convention Program Chair, G. “Dewey” Oxner, Jr., had approached Harold Wren regarding a one-hour ethics presentation.  Mr. Brumgardt welcomed feedback from the Council. After discussion, it was the consensus of the Council to partner with the Division.  He was to inform Mr. Oxner of the Council’s decision.

Next was discussion on the Section Intensive Workshop scheduled for August 10 & 11, 2007, at Wild Dunes.  Mr. Brumgardt provided a brief overview of the agenda and announced that Merrill Lynch agreed to sponsor the cocktail reception. He reported that the CLE Division asked whether the Section would be interested in sponsoring the luncheon.  Ms. Smith reported that the Section had approximately $25,000 in its budget. Mr. Sheedy moved that the Section contribute $1,000 towards the luncheon.  Mr. Muench seconded the motion, and it was approved.  Mr. Brumgardt announced that the registration brochure would be distributed this week.

Next was approval of the minutes from the May 10, 2007, meeting.  Mr. Muench moved approval of the minutes.  Mr. Sheedy seconded the motion, and it was approved.

There being no further business, the meeting was adjourned.