EthicsPoint sponsored and presented a webinar from Bob Phillips of RW & Associates, Inc. on Developing a Culture of Honesty and Integrity…its Not Easy! These are my notes. Bob started with a quote from Stephen Covey: “The leader of the future, of the next millennium, will be one who creates a culture or value system [...]
NBA and OFAC
on April 8, 2009 in Patriot Act
It is unusual to see a story where the National Basketball Association intersect with the U.S. Treasury’s Office of Foreign Assets Control. But that is the lot in life for the 7-foot-2 Hamed Haddadi, a back up center for the Memphis Grizzlies. Since Mr. Haddadi is from Iran, he is apparently subject to the decades [...]
Ten Principles for a Black Swan-Proof World
on April 8, 2009 in Enterprise Risk Management
Nassim Nicholas Taleb penned an opinion piece in the Financial Times: Ten principles for a Black Swan-proof world . Check out the piece for details behind each item: 1. What is fragile should break early while it is still small. 2. No socialisation of losses and privatisation of gains. 3. People who were driving a [...]
Martindale-Hubbell’s Counsel to Counsel Forum
on April 8, 2009 in Compliance Bits and Pieces
The folks over at Martindale-Hubbell were nice enough to invite me to their latest Counsel to Counsel Forum in Washington D.C. The forum operates under the rule that “what is said in the room stays in the room” so I will not share any details, but there were a few themes that I think I [...]
Limiting Access to the Courts in a Collective Bargaining Agreement
on April 7, 2009 in Human Resources
The United States Supreme Court handed a clear win for employers in 14 Penn Plaza LLC v. Pyett. Members of the Service Employees International Union, were employed to provide security services to a New York City office building owned and managed by 14 Penn Plaza. A provision in the collective bargaining agreement prohibited discrimination, but [...]
The New COBRA Subsidy: An Update for Employers
on April 6, 2009 in Human Resources
The Employee Benefits and Executive Compensation group at Bingham McCutchen LLP put together a nice summary of the steps employers need to take in light of the changes to COBRA under the the American Recovery and Reinvestment Act of 2009. They dive into many of the details of who is eligible for the subsidy and [...]
Proclamation 7750, Diplomatic Immunity and Corruption
on April 6, 2009 in Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act only applies to those making bribes. It does not apply to the recipients of bribes. Since the recipient must be a “foreign official” you run into the issue of “diplomatic immunity.” The concept is that officials should only be held accountable to the laws in their home state. We would [...]
Extranets for Law Firm and Client Collaboration – Moving Beyond Email
on April 5, 2009 in Enterprise 2.0
One of the problems with collaboration between law firms and their clients is that too much of it happens through email. Email is fast, allows you to send the same message to lots of people, and is inexpensive. But it is still a set of messages sent back and forth, much like the Pony Express. [...]
Bits and Pieces on Compliance
on April 4, 2009 in Compliance Bits and Pieces
Here are a few stories and items that caught my eye this week, but I have not had time to build-out to a full post: The FCPA Enforcement Report of the First Quarter of 2009 from The FCPA Blog We count seven Foreign Corrupt Practices Act enforcement actions since the start of the year, including [...]
Diplomatic Immunity, Corruption and Parking Tickets
on April 3, 2009 in Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act only applies to those making bribes. It does not apply to the recipients of bribes. Since the recipient must be a “foreign official” you run into the issue of “diplomatic immunity.” Richard Cassin looked at one of the approaches to taking actions against the kleptocrats in Proclamation 7750 Unwrapped on [...]
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