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Set Up To Fail: Joint Venture Board Conflicts Of Interest
Almost by definition, equity joint ventures are schizophrenic entities. They must balance the conflicting interests of their members, which are in line enough at the outset to form the venture, but which frequently diverge. Joint ventures between competitors, whose interests are almost always in...
Read MoreIs the U.S. Falling Behind?
This newspaper has been highlighting ways in which our law firm constituency would recommend reforms following in the wake of recent recommendations laid down by the Commission on the Regulation of the Capital Markets in the 21st Century established by the U.S. Chamber of Commerce, Interim Report...
Read MoreHow The Truncation Provision Of The Fair Credit Reporting Act Brings Grief To Some Retailers
Editor: Please give our readers some information about your respective backgrounds and practice areas. Stock: Starting my career in the Cook County, IL, State's Attorney Office in 1977 doing criminal work, I led the criminal prosecution division when now Chicago Mayor Richard M. Daley was the...
Read MoreWhat To Do Before The Government Knocks
Editor: Judge Poritz, you have been Chief Justice of the New Jersey Supreme Court for the last 10 years - have you had experience in conducting investigations during that period? Poritz: As Chief Justice of New Jersey's Supreme Court, I was also the administrative head of the court system, a...
Read MoreA Merger Brings Together Two Stars In Their Approaches To Diversity
Editor: Would you tell our readers about your background and professional experience. Murphy: Much of my earlier professional life was spent litigating employment defense cases and insurance insolvency disputes, but in 1999 I started to focus on commercial matters as a result of performing a...
Read MoreElectronically Stored Information And The Pending Federal Rule Changes: "If No Suit Is Pending, This Doesn't Affect Me Right?"
By now, most of us are aware that the Federal Rules of Civil Procedure will change in December 2006. These changes impose new requirements on counsel (both in house and outside) to become conversant and agile with electronically stored data. Counsel must become sufficiently aware of their clients'...
Read MoreThe Bankruptcy Abuse Prevention And Consumer Protection Act Of 2005: The Impact On Chapter 11 Re-Organization - Part II
Section III. Amendments Affecting The Formulation Of A Reorganization Plan (continued) B. Amendments Affecting Relationships with Creditors' Committees The majority of businesses operating under chapter 11 protection have a creditors' committee appointed by the United States Trustee. The...
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