Damage and damages are often confused. The term damage describes harm or injury to property or a person. “The damage incurred by the claimant was estimated to be £100,000.” On the other hand, damages denotes monetary compensation awarded by a court for the damage which…
SOX is a popular name for the Sarbanes-Oxley Act of 2002, which is the U.S. government’s legislative response to corporate and accounting scandals such as Enron, WorldCom and Adelphia. SOX establishes new and enhanced standards for all public company boards and management as well as…
The International Institute for Conflict Prevention & Resolution (“CPR”) has a podcast series entitled, International Dispute Negotiation (“IDN”) which provides examples of the ways professionals from around the world handle dispute resolution. The series examines the risks inherent in disputes and offers insight into “…ways…
With the U.S. Presidential Election recently completed, and thankfully without significant controversy, it is interesting to examine the role of the Electoral College. Americans elect the President and Vice-president through a method of indirect popular election. On November 4, voters cast their ballots for the…
As part of the U.S. Government’s recent $700 billion package to bailout U.S. financial institutions, Congress included numerous tax breaks. The tax breaks, called extenders in Washington, DC because they renew or extend expiring tax benefits, were added to gain the support of legislators and…
Last time we looked at the so-called slow-walking of measures through the US Senate. One possible result of such delay tactics is that the Senate Majority Leader may decide to fill the amendment tree. Filling the tree is the controversial practice of taking all of…