Category Archives: General Interest

Topics (usually with a legal slant) that may be of interest to the general public

Some Businesses Implementing Initiatives for Gender Parity at Board Level

Joann S. Lublin reported in yesterday’s Wall Street Journal that, “A small but growing number of U.S. companies have intensified their push to increase the ranks of women on their boards as businesses pay greater attention to gender parity at all levels. “These initiatives are bearing fruit as companies revamp the way they recruit female… Continue Reading

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Treasury Department (IRS) Proposal Aims to Clamp Down on Tactic to Avoid Estate Tax

Richard Rubin reported in today’s Wall Street Journal that, “The U.S. government on Tuesday proposed making it harder for wealthy business owners to transfer assets to heirs without paying estate and gift taxes. “The plan from the Treasury Department and Internal Revenue Service would place new limits on a common technique used to transfer interests… Continue Reading

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When it Comes to Selling a Business, Think Broadly

Paul Sullivan reported in Saturday’s New York Times that, “The first time Chris Ludwig sold his refrigerant reprocessing company, he said he acted as if the deal was done long before it was. He beefed up inventory, added sales staff and generally increased his expenses. “But as the buyers delayed, ‘I got myself in a… Continue Reading

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Uncertainty Contributes to a Slowdown in Mergers and Acquisitions

Leslie Picker reported in Friday’s New York Times that, “Uncertainty is often a deal breaker. “It can be largely blamed for a string of declines in acquisitions announced during the first half of the year in almost every sector, location and size compared with the same period in 2015. Many executives were hesitant to pull… Continue Reading

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Some States Take a Closer Look at Noncompete Pacts

New York Times writer Steve Lohr reported this week that, “In today’s on-your-own economy, workers are urged to be entrepreneurial job hoppers, constantly adapting and searching for the next opportunity. “But an estimated 30 million Americans — nearly one fifth of the nation’s work force — are hobbled by so-called noncompete agreements, fine print in… Continue Reading

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USDA Expands Access to Capital for Rural Businesses

A news release earlier this month from the U.S. Department of Agriculture indicated that, “USDA Rural Business-Cooperative Service Administrator Sam Rikkers today unveiled new rules to expand access to capital for rural businesses. “‘Access to capital is one of the most important needs for businesses,’ Rikkers said. ‘USDA is partnering with the Treasury Department and… Continue Reading

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Salt Warnings on Menus Enforceable in New York City, Court Says

William Neuman reported in today’s New York Times that, “Salt must soon be on the menu — very visibly — at hundreds more chain restaurants in New York City, after a court on Thursday cleared the way for the city to enforce a rule requiring many eateries to alert consumers to food items with high… Continue Reading

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U.S. Supreme Court Shields “People Search” Companies from Class-Action Lawsuits Arising from Minor Mistakes

David G. Savage reported in today’s Los Angeles Times that, “The Supreme Court on Monday shielded online databanks and ‘people search’ companies from class-action lawsuits arising from the posting of minor mistakes. “The justices in a 6-2 ruling set aside, for now, a class-action suit against Spokeo Inc., a Pasadena-based provider of online personal profiles… Continue Reading

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Venture Capital and Frayed Connections

Jim Kerstetter reported last week at The New York Times Online that, “They say venture capital is a business of connections, of knowing the entrepreneurs with good ideas, the executives who can help those ideas along, and surrounding those people with whatever support they need. “At least, that’s the idea. The downside of all those… Continue Reading

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U.S. Supreme Court Justices Tap the Brakes- Wary of Taking Major Cases Without Nine Members

David G. Savage reported on the front page of today’s Los Angeles Times that, “Since Justice Antonin Scalia died in February, leaving a seat open, the remaining justices have voted to take only seven new cases for the fall, about half as many as during the same time last year. “And most of the seven… Continue Reading

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