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The Top 5 Difficult Workplace Personalities and How to Manage Them
This content has been archived. It may no longer be relevantDifficult workplace personalities are not just nuisances, they are detrimental to employee productivity, morale, and—in some cases—health and safety. When employees can’t be managed to conform within standard workplace rules and personal boundaries, they typically should result in termination. It should be said that there…
Expanding Your Franchise- Part 2 Right of First Refusal
For many business owners, the decision to start a franchise is fraught with financial and legal risk. When your dreams of expansion come within reach, how can you make sure you are prepared for the challenges ahead? Offit Kurman franchising attorney Brian Loffredo is here to help. In this video, Mr. Loffredo explores methods to…
Telebriefs®: Brian Williams Case
Earlier this month, NBC announced it would suspend news anchor Brian Williams for six months following the discovery that Williams had embellished his personal involvement in major news events such as the Iraq War and Hurricane Katrina. The suspension period indicates NBC will likely not bring Williams back on air. It is difficult to imagine…
Compensation and Compliance Matters: The CFPB Will Not Be Ignored
Lenders are expected to put systems in place to affirmatively detect and remedy deficiencies before consumers are harmed. The Consumer Financial Protection Bureau made these expectations explicit in their exam guide in 2012. At first, the agency’s enforcement was sporadic and limited to the largest banks and alleged affirmative misconduct. However, the CFPB’s recent actions…
Welcome to the Jungle: The Mini-Guidebook for an Irrevocable Trust
Irrevocable trusts can be similar to that excursion you decided to take while on vacation: you were not prepared for the adventure, you had difficulty communicating with your guide, the place did not look like the pictures, and you wonder if you paid too much for the experience. While some of the negative press relating…
Read|Delete: Small Businesses Are Still Confident—and Hiring
Hiring might be higher if not for the difficulty in finding skilled workers. The January survey found 26% of small business owners reported having job openings they cannot fill right now, up from 25% saying that in December. The need to find the right workers is causing more companies to lift wages. . Source: The Wall…
Recent Wendy’s Lawsuit Highlights Realities of Franchising- Part 2
A few months ago, I wrote about a recent lawsuit filed by Wendy’s against one of its largest franchisees – DavCo Investments, LLC. The article highlighted an important reality of franchising; namely, that franchisors can require their franchisees to make expensive changes at the drop of a hat. DavCo has now responded to the suit,…
Landlord Alert: Marijuana May Now Be Legal in D.C., but…….
It is now lawful for D.C. residents over the age of 21 to recreationally use and grow marijuana in their private residences, but DC landlords may still prohibit their tenants from such use and growth on their rental properties. As of Thursday, February 26, 2015, the District of Columbia joined Alaska, Colorado, and Washington, and…
Commercial Litigation Quarterly – “Uncharted Waters Ahead: Pennsylvania Products Liability Post – TINCHER.”
In November of 2014, the Pennsylvania Supreme Court decided a landmark case in the area of products liability: Tincher v. Omega Flex, Inc., No. 17 MAP 2013, 2014 WL 6474923 (Pa. Nov. 19, 2014). In Tincher the court overruled the long-standing rule first articulated in Azzarello v. Black Bros. Co., 391 A.2d 1020, 1022 (Pa….
Friday Factoid: Ex-Hedge Fund Analyst Receives Three Year Prison Sentence for Stealing Software Code
In January 2015, former Citadel computer engineer Yihao “Ben” Pu was sentenced to three years in prison for stealing trade secrets from Citadel, a Chicago-based hedge fund. Citadel is estimated to hold $24 billion in assets. Pu worked in Citadel’s high-frequency trading unit, which created algorithms to predict the anticipated movement of securities and software…