Top 10 Issues Facing Corporate Boards: Borden Ladner Gervais LLP (BLG) Looks
Ahead To 2010

-- Commentary Available from BLG Lawyers --

TORONTO, Dec. 9 /CNW/ - What topics will be top of mind for C-level executives and corporate boards in 2010? BLG, Canada's largest law firm, anticipates the top 10 issues for corporate governance in 2010:

    1)  White collar crime crack down - the new legislation and changes to
        the Criminal Code will impact decision making at the C level.

    2)  M&A opportunities - industries consolidation will accelerate as
        opportunities arise for distressed companies.

    3)  Employee overtime claims - wireless and wired employee connectivity
        raises issues around overtime and compensation policies.

    4)  Executive pay - the responsibilities of the boards are changing. How
        will compensation be calculated and disclosed; what voice will
        shareholders have?

    5)  Climate change regulations - what companies need to know to prepare
        for Cap & Trade and carbon disclosure; the new opportunities from
        carbon trading regimes.

    6)  The Business Judgement Rule - what it means to be a "responsible
        corporate citizen" and the impact of the BCE rule: the Directors'
        fiduciary duty.

    7)  Harmonized sales tax - what businesses need to do to prepare for July
        1, 2010.

    8)  Increased vulnerability to litigation - recent developments in Class
        Action law suits, what companies can do to prevent Class Actions.

    9)  Foreign exchange volatility - the innovative trends in managing
        foreign exchange risks.

    10) Poison pills - regulators give greater deference to boards/majority
        vote for the election of directors. How will takeovers be impacted?

Lawyers from BLG are available to discuss in greater detail the challenges that lie ahead as we proceed into 2010. Please contact us to schedule an interview.

About Borden Ladner Gervais LLP

With more than 750 lawyers, intellectual property agents, and other professionals working in six major Canadian cities, Borden Ladner Gervais LLP is the largest Canadian business law firm. BLG provides bilingual legal and intellectual property services in virtually every area of law, and represents a wide range of regional, national and multinational organizations. For further information, visit

SOURCE Borden Ladner Gervais LLP

For further information: For further information: or to schedule an interview, please contact: Ivan Ivanovitch, Ketchum Public Relations Canada (For BLG),, (416) 355-7431

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