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ABA Forum: Clients with Substance Abuse Problems – Full Session
Bruce H. Phillips | Philip K. Lyon | Walter Yetnikoff
One of the most storied – and controversial – executives in the history of the record industry, Walter Yetnikoff was head of CBS Records from 1975 to 1990. Over the course of his career at CBS, he oversaw an explosive growth in record sales (both by his label group and the industry at large), became embroiled in numerous feuds with artists and rival executives, and presided over the sale of the CBS label group to Sony in 1988. Along the way, he made the careers of a who’s who of modern rock and pop music – Michael Jackson, Bruce Springsteen, Paul Simon and Billy Joel among them. Today, Yetnikoff runs a small boutique label and is an in-demand public speaker. His memoir, Howling at the Moon: Confessions of a Music Mogul in an Age of Excess, was published in 2004. |
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Description: In this panel held at a 2007 meeting of the American Bar Association on how substance abuse should be handled among lawyers, managers, and corporate management in the music industry, panelists Bruce Phillips, Philip Lyon (both attorneys) and Walter Yetnikoff (former head of CBS records) discuss the ethical, legal and business dimensions of drug use among employees or clients. Lyon, who is currently publishing findings on the ethical dimension of this issue, shares his thoughts on what the actual duties are of a lawyer to a client who has a drug problem, and Yetnikoff draws on his extensive music industry experience to provide historical perspective, first-hand experience, and some hard lessons learned about the right and wrong ways to deal with drug issues. The panel also debates where to draw the line between confidentiality and ethical/legal responsibility, and discuss how disclosure regulations such as the Sarbanes/Oxley Act can complicate the decision-making process and aftermath of dealing with substance abuse in a client or employee.
Shoot Date: October 2007 |
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