Weil, Gotshal & Manges LLP
Second Edition of Book on Audit Committees Edited by Weil Gotshal’s Gerald Backman and Anne Marie Salan
(April 29, 2004, Weil Gotshal Press Release)
New York, April 29, 2004 - Weil,
Gotshal & Manges LLP, one of the world’s leading law firms, today
announced the publication of the second edition of the book Audit Committees:
Regulation and Practice, edited by retired partner Gerald S. Backman
and associate Anne Marie Salan. The new edition addresses the changes
made in the rules and regulations governing audit committees by the Sarbanes-Oxley
Act of 2002. Published by Aspen Publishers, it is available for purchase
from the publisher (www.aspenpublishers.com)
and on Amazon.com.
editors compiled this edition as a working volume on audit committees for
everyday use by corporate audit committee members, directors, general counsel,
outside legal counsel and legal scholars specializing in this area of corporate
Committees: Regulation and Practice contains all the materials one
might need to consult in order to create, maintain, advise or serve on
a well-functioning audit committee, including:
also includes an illustrative selection of best practices for audit committee
chairs and members as well as a section on the role of the audit committee
in corporate governance by Weil Gotshal senior partner Ira M. Millstein,
who has been at the forefront of corporate governance reform for many years.
a retired partner of Weil Gotshal, is a recognized authority on federal
securities laws. Salan, an associate in the firm’s London office,
focuses on international corporate finance.
Gotshal & Manges LLP is an international law firm of more than 1,100
attorneys, including approximately 300 partners. Weil Gotshal is
headquartered in New York, with offices in Austin, Boston, Brussels, Budapest,
Dallas, Frankfurt, Houston, London, Miami, Munich, Paris, Prague, Silicon
Valley, Singapore, Warsaw and Washington DC.
- the relevant provisions of the
- the newly adopted Securities and
Exchange Commission rules and regulations impacting audit committee independence,
duties, powers and disclosures
- the listing standards
of the New York Stock Exchange, NASDAQ and the American Stock Exchange
relating to audit committee composition, responsibilities and functions.