Civil Forfeiture of Corporately Owned Property
Federal statutes provide for forfeiture of real property used in conjunction with a variety of criminal activity. Although the primary focus of federal civil forfeiture statutes has been on drug-related offenses, the reach of these statutes now extends to a variety of other crimes. A recent Southern District case, however, raises an issue not explicitly resolved by the forfeiture statutes: when is the property of a corporate owner subject to forfeiture?
Flexibility in Flexible Spending
The Internal Revenue Service has provided guidance Notice 2005-86 on the interaction of the 2.5-month grace period for a health flexible spending arrangement (health FSA) (established earlier this year by Notice 2005-42 and an individual's eligibility to contribute to Health Savings Accounts (HSAs).
Enforcing System Standards When Franchisees Have Long-Term Contracts
A franchisor's ability to enforce system standards and sustain the positive image of the brand is critical to the long-term success of a franchising system. To some degree, a franchisor's threat of termination or non-renewal contributes to that enforcement effect. But what can a franchisor do when a contract has a long duration and/or a franchisee has a strong legal presumption of renewal?
Sports Team Models for Law Firm Management
Corporate structures have long been likened to military organizations, though this is the less popular style today. In attempts to increase productivity, morale and loyalty, corporate managers and analysts of corporate management have looked to sports models for fresh ideas which go deeper than the cliched sports metaphors. <br>Several models of the organization's operations and culture have been identified: Football as epitomizing managerial control and centralization; baseball as a model of individual autonomy and situational teamwork; basketball and soccer as focusing on voluntary cooperation and shared decision-making. Which characterizes your firm ' or the culture you desire?
<b>Professional Development University:</b> Professional Development With an Agenda for 2006
Looking into the New Year: What should the legal profession, specifically those who lead their practices to success through professional development, think about?
NEWS BRIEFS
Highlights of the latest franchising news from around the country.
Need Help?
- Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
- Need other assistance? email Customer Service or call 1-877-256-2472.
MOST POPULAR STORIES
- Coverage Issues Stemming from Dry Cleaner Contamination SuitsIn recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.Read More ›
- Bankruptcy Sales: Finding a Diamond In the RoughThere is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.Read More ›
- 'Insurable Interest' and the Scope of First-Party CoverageThis article reviews the fundamental underpinnings of the concept of insurable interest, and certain recent cases that have grappled with the scope of insurable interest and have articulated a more meaningful application of the concept to claims under first-party property policies.Read More ›
- Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTsA federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.Read More ›
- AI or Not To AI: Observations from Legalweek NY 2023This year at Legalweek, there was little doubt on what the annual takeaway topic would be. As much as I tried to avoid it for fear of beating the proverbial dead horse, it was impossible not to talk about generative AI, ChatGPT, and all that goes with it. Some fascinating discussions were had and many aspects of AI were uncovered.Read More ›