Economic growth in China may have slowed, but it has slowed to an annual rate which for the foreseeable future, claims GE Chairman Jeff Immelt, will be between 7% and 8%. I note that this is more robust than predicted … Continue reading
Category Archives: The Law
Future manufacturing and construction jobs in the United States should not be viewed as blue collar jobs but rather as white collar jobs. The September 18th panel convened by the National Association of Corporate Directors/New England (consisting of GE Chairman … Continue reading
The near term prospect for United States business is on the uptick. Our recovery from the recession is steady, although it is subject to months where statistics appear counter-cyclical. The United States is faring better than most developed economies, and … Continue reading
We await the much-heralded IPO of Alibaba, the Chinese on-line retailer that is larger than — I read this somewhere, what was it, larger by sales than the economy of Europe and the US combined??– no that cannot be right…. In … Continue reading
The current law in Massachusetts concerning enforcement of noncomps is based upon court cases and not on statute, is confusing and very fact dependent as to which noncompetition covenants will be enforced, and is a constant matter of legal dispute … Continue reading
Let us say you are a company that wants to make a profit, but wants to consider not only the interests of the shareholders, returning some profit to them, but also the interests of other groups you characterize as “stakeholders”: … Continue reading
In the prior post, we tracked broadly the treatment of American corporations as economic institutions driven by increases in shareholder value. Boards of directors and CEOs are now being held to building shareholder wealth as their mission. This second post … Continue reading
The ongoing saga at Market Basket focuses clearly the following question: what is the appropriate role of an American corporation in the modern age? While the shareholders battle and squabble for control and power, various constituencies affected significantly by Market … Continue reading
On July 24 I posted about a lawsuit which emphasizes the risks of companies raising capital through finders unregistered with FINRA under Federal securities laws. It must be noted that the much-discussed SEC no-action letter of earlier this year provided some … Continue reading
Just a few thoughts on what the recent couple of months has brought us on the lawyering front: First, the focus on cyber security has, if anything, intensified. Between the news articles recounting hacks of businesses and governments and the proliferation of … Continue reading