Bracewell & Giuliani partner R. Daniel Witschey Jr. (pictured) of Houston has been selected to join the American Bar Association’s Corporate Laws Committee. Witschey is a member of his firm’s corporate and securities and energy groups.
The Corporate Laws Committee primarily drafts and revises the Model Business Corporation Act, which state legislatures can enact in whole or in part, Witschey says.
“The committee continually reviews the Model Act and, as times change and situations evolve, recommends changes to it,” he says.
The Model Act consists not only of the statutes, Witschey says, but also includes an official comments section that “expands and gives more color and amplifications as to how the statutes operate.”
In addition, Witschey says, the committee “generally keeps tabs on things that are changing in the corporate environment and whether the Model Act needs to respond to those changes.”
The committee consists of 24 appointed members, Witschey says. Existing members he has known and with whom he has worked for many years nominated him, he says.
“Typically, membership will include a broad spectrum of people,” Witschey says, including partners in firms, in-house attorneys, professors from law and business schools, judges, and current or former members of the Securities and Exchange Commission.
“I’ve always had an interest in the corporate laws and the way they function,” Witschey says.
Noting that he’s looking forward to serving on the committee, Witschey says, “It will be intellectually stimulating and a lot of fun.”
-- Christine Lesicko