Fredrick D. Lipman Esq.

Blank Rome LLP
Lipman, Fredrick D.

Frederick Lipman is a Partner at Blank Rome LLP who advises a wide range of clients in corporate and securities issues such as IPOs, corporate governance, mergers and acquisitions, securities, venture capital, and public offering, corporate litigation, international commercial transactions, banking, bankruptcy, regulatory, loans, and workouts and insurance.

Mr. Lipman is an internationally known authority on business law and has authored 14 books, including Whistleblowers, Incentives, Disincentives and Protection Strategies, (John Wiley & Sons, Inc. 2012), The Family Business Guide (Palgrave Macmillan 2010), International andU.S. IPO Planning (John Wiley & Sons, Inc. 2009), Valuing Your Business: Strategies to Maximize the Sale Price (John Wiley & Sons, Inc. (2005), Executive Compensation Best Practices (John Wiley & Sons, Inc. 2008), Corporate Governance Best Practices (John Wiley & Sons, Inc. 2006), and International Strategic Alliances: Joint Ventures Between Asian and U.S. Companies (Daniel Publishing LLC 2012).

Mr. Lipman was a lecturer in the MBA program at the Wharton School of Business for five years and at the University of Pennsylvania Law School for ten years.  He has lectured in China, Thailand, India and Australia. He serves as president of the Association of Audit Committee Members, Inc., a not-for-profit organization dedicated to developing national best practices for audit committees.  He received his B.A. from Temple University and his J.D. from Harvard Law School.

He is a co-author of Bloomberg BNA Corporate Practice Portfolio Series No. 49-6th, Audit Committees.  This portfolio volume covers the establishment and maintenance of effective audit committees after the Sarbanes-Oxley Act of 2002, as well as the historical development of audit committees prior to 2002. Major policy and procedural issues facing today's audit committee are explained, as well as the functions and the responsibilities of a typical committee and the potential liability of audit committee members. The portfolio also discusses two influential documents: the Report & Recommendations of the Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit Committees and the study commissioned by the Committee of Sponsoring Organizations of the Treadway Commission (the COSO Report). The response to these reports by the Securities and Exchange Commission and by the major stock markets is analyzed. Finally, the particular situation of audit committees of insured depository institutions and not-for-profit entities is examined, and the role of audit committee counsel is reviewed.