Money Laundering Compliance Examinations
October 05, 2005
<b><i>Part One of a Two-Part Article.</i></b>For money-laundering compliance officers, a classic Bob Dylan song offers a word of sound advice: "You better start swimming or you'll sink like a stone, for the times they are a-changin'." Or, as acting Chief Counsel for the Comptroller of the Currency Dan Stipano told Florida bankers in February, "In every war we have ever fought, bankers have been on the front lines. While most banks have been willing partners ... what was good enough in the past may not be good enough now. The stakes are much, much higher than ever before and a 'business as usual' approach is not going to be sufficient." Banks that fail to head these warnings will face onerous regulatory orders, fines, and possible criminal investigation.
Corporate Crisis Management
October 05, 2005
Fielding a Winning Team for Shareholders Wichita, KS, was an unlikely spot for finding metaphors. Sitting in a rental car on the steaming asphalt outside…
7-Eleven's Development of a New Franchise Agreement: Critique of the Effort and Results ' Recommendations
October 05, 2005
The first two installments discussed how 7-Eleven, Inc. ("7-Eleven" or the "Company") planned for and developed a new franchise agreement to offer to all of its 3400 franchised stores in the United States. In this final article, we will critique the results by analyzing the final terms and discussing the principal issue that was not resolved to all parties' satisfaction. We will also discuss two important issues that must be resolved in any such undertaking and the Company's approach to them, as well as provide recommendations for future efforts of this nature.
Court Watch
October 05, 2005
Highlights of the latest franchising cases from around the country.
News Briefs
October 05, 2005
Highlights of the latest franchising news from around the country.
IP News
October 04, 2005
Highlights of the latest intellectual property news from around the country.
NTP v. RIM: Developments in Infringement Liability Where a Significant Component Is Located Outside the U.S.
October 04, 2005
Companies involved with technologies that use components located both within and outside the United States will be interested in a recent decision in the patent infringement action brought by NTP, Inc. ("NTP") against Research In Motion, Ltd. ("RIM"). In August 2005, the U.S. Court of Appeals for the Federal Circuit distinguished between infringement of "system" and "method" patent claims in "out of country" situations. The Federal Circuit held that if a component is located outside the United States, a <i>system claim</i> would be infringed if there is beneficial use of the patented system in the United States, while a <i>method claim</i> would not be infringed.
Ambush Marketing: Here to Stay?
October 04, 2005
Ambush marketing," a term coined by Jerry Wexler, manager of global marketing efforts for American Express in the 1980s, refers to the marketing activities of companies that manage to associate themselves, or their products or services, with high-profile events without paying to become an "official sponsor.
