Labor & Employment Law

Homeowners and the Bailout
By Alan White For homeowners as well as for banks, the bailout deal announced today could be a turning point, or it could be more of the same, depending on what Treasury actually does with its enormous new powers...

The Fed, the Treasury and the Bear Stearns Deal
Two government units, the Treasury and the Fed, are negotiating the JP Morgan buyout of Bear Stearns. This should give us great pause. First Paulson has agreed to write a $29 billion credit derivative swap on Bears risky mortgage backed...

Chrysler Reaches Deal With the CAW
Chrysler and the CAW have broken with pattern bargaining and have struck a tentative deal "for deep worker concessions" to help the auto maker. The Globe reports (as do many others others) that: The Canadian Auto Workers union has surrendered years of hard-won gains to keep the operations of Chrysler...

Attorney, charged with having child porn, reaches plea deal
San Bernardino County attorney Thomas Henry Merdzinski made a plea deal with the government over charges of possessing over 600 sexually explicit photos and videos of children on several hard drives, The Desert Sun reported (here)...

Verret on the Self-Defeating Bailout
My colleague JW Verret has an interesting take on the bank bailout at Forbes.com: This deal was intended to bolster public confidence in banks, while at the same time minimizing the cost of the bailout when Treasury sells its shares once markets pick up...

13 Firms Receiving TARP Funds Owe $220m in Back Taxes
Of the 23 top recipients of TARP funds, 13 owe a combined $220 million in unpaid federal taxes. "To get money from Treasury, banks and others must sign a contract that states they have no material unpaid taxes...

Uniform Commercial Code and Contracts
Interstate commercial transactions and sale of goods in the United States

Employment Contracts
General Contract Law Principles

Hurricane Claims
State Farm Fire and Casualty Co. reaches settlement deal with Mississippi Attorney General Jim Hood.

AnchorBank
$1.27 million in construction contract termination lawsuit.

Ram Publishing
alleging phone book advertising contract fraud.

Ellsworth School District
4.4% increase in salaries as part of contract settlement.

Expedia
$184 Million Breach of Contract Settlement Reached

Joint Venture
Gallaher Group agrees to pay Reynolds American $387 million contract dispute settlement.