The U.S. workforce is getting older as more baby boomers (people born between 1945 and 1965) remain in the workforce longer than past generations. The workplace has changed a lot since these individuals got their first jobs. New technologies and social media have made their mark, and older employees may not be as tech-savvy as their younger counterparts. Guess what happens when those “youngsters” are also the boss?
Younger managers supervising more seasoned employees can be a recipe for workplace...
In an international commercial dispute, the U.S. District Court for the Eastern District of Pennsylvania (the district court) had to establish the effect of an Italian court judgment that confirmed an arbitral award over the defendant Pirito’s appeal. Pirito v. Penn Engineering World Holdings, No. 09-2396 (E.D. Pa. May 16, 2013).
Background and Procedural History
The case arose from a stock purchase agreement (SPA) executed in 2003, whereby Penn Engineering World Holdings (Penn World) purchased...
Settlement Counsel: Why, How, and When?
2 hours
Thursday, June 26, 2014
Austin Convention Center, Room 18B
This panel will explore how special settlement counsel can help resolve cases faster, better, and cheaper from those who have served as—and used—dedicated settlement counsel to settle significant cases.
John DeGroote, Dallas
John DeGroote Services, LLC
Chris Nolland, Dallas
Law Offices of Christopher Nolland
William T. Reid IV, Austinand
New York, NY
Reid Collins & Tsai...
Confidentiality agreements are among the most common agreements in corporate practice, often viewed as routinized documents unworthy of close reading. When drafting and negotiating confidentiality agreements, however, both parties should be aware of potentially broad restrictions on their activities. For example, in an acquisition deal, a “use” restriction can be the source of a creative argument for a seller seeking to prevent an unsolicited offer or other activity that arguably requires use of the seller’s...
As a young man, Benjamin Franklin defined 12 virtues that he set out to master:
1. Temperance: Eat not to dullness; drink not to elevation.
2. Silence: Speak not but what may benefit others or yourself; avoid trifling conversation.
3. Order: Let all your things have their places; let each part of your business have its time.
4. Resolution: Resolve to perform what you ought; perform without fail what you resolve.
5. Frugality: Make no expense but to do good to others or yourself; i.e., waste...
A documentary by CNN films called "Ivory Tower" that looks at the runaway cost of higher education, the student loan debt crisis and related issues makes its big screen debut tomorrow, Friday June 13, in NYC and LA with showings in other cities to follow (scroll down). You can check out the trailer below, the film's website here and reviews via Rotten Tomatoes here.
Harvard & MIT have issued a detailed 33 page report on their first year experience with MOOCs, open online courses. Here are brief summaries of their conclusions.
HarvardX and MITx registrants are not “students” in a conventional sense, and they and their behavior differ from traditional students in K-12 and post-secondary institutions. Registration requires no cost or commitment, thus traditional metrics, like certification rates and enrollment rates, miss many new facets of course engagement,...
First Tech. Capital, Inc. v. JPMorgan Chase N.A., No. 5:12-CV-289-KSF-REW, 2013 WL 7800409 (E.D. Ky. Dec. 10, 2013)
In this case, the court found that privilege was waived where First Technology Capital, Inc. (“FTC”*), through counsel, failed to take reasonable steps to prevent the inadvertent disclosure of privileged materials. The court’s determination that counsel’s efforts were unreasonable was based, in part, on the speed of the alleged page-by-page review (each document received,...