LAWRENCE G. SAGER* INTRODUCTION: THE PUZZLE OF KLEIN Well, it isn't exactly Fermat's Last Theorem. But United States v. Klein1 is deeply puzzling. The case is 125 years old, and still seems to command the active attention of the Supreme Court.2 Klein announced an apparently important principle limiting the ability...
NEW CASTLE, Del. -- Applied Extrusion Technologies, Inc. (NASDAQ NMS - AETC) announced today that it has reached an agreement in principle with six bondholders holding over 70% in aggregate outstanding principal amount of the Company's 10 3/4% senior notes to recapitalize the senior notes. Pursuant to the agreement in...
The Peter Principle holds that we rise to our level of incompetence. In other words, at some point in our career, we all end up in over our heads. Tom Foster's Management Skills blog has a post on how to find a life preserver when you've...
Despite its virtues, congestion pricing has yet to be widely adopted. This paper explores the issues of equity and use of toll revenue and several possible alternatives. The equity and efficiency problems of conventional uncompensated congestion pricing are outlined. Then, several alternatives are discussed and developed. A new compensation mechanism...
LOS ANGELES AFP — A group led by Japan's Sony Corp. struck an agreement in principle to acquire Hollywood's Metro-Goldwyn-Mayer studio, a source close to the deal said after Time Warner dropped its offer. "There is an agreement in principle, but no definitive agreement yet," a source close to...
Testing the Pauli exclusion principle The Pauli exclusion principle stands at the heart of modern molecular, atomic and nuclear physics. By insisting that no two electrons, protons or neutrons can occupy exactly the same quantum state, the principle explains why matter doesn't collapse on itself. Several research...
Many of us take the Internet for granted, in particular the ability to send and receive whatever data we want without regard to its content type or source/destination address. But the generally-accepted principle of "open access" is comin Many of us take the Internet...
Feb. 2--The next time you send a package Federal Express or Airborne Express, you'll pay a little more. Blame it on the oil industry and the simple economic principle of supply and demand. Feb. 2--The next time you send a package Federal Express or ...
Jul 06, 2003 (Herald Sun - ABIX via COMTEX) Australian lenders such as the Melbourne Credit Union MCU are offering loans based on ability to pay. These are often open to small businesses that do not declare all of their income to the Australian ...
NEW YORK AFP — JP Morgan Chase, the second-largest US bank, has reached "an agreement in principle" to pay 2.2 billion dollars to settle a class-action lawsuit from Enron stock and bond holders, the bank said in a statement. The deal is the largest civil settlement linked to the...
This article deals with the forecast of your most critical asset. As you navigate the frequently uncharted pathways of small business ownership, one of the most important responsibilities facing you is the ability to understand the cash requirements of your business. You must make this week's payroll, pay for a...
Offers-in-compromise OIC have become a useful tool for taxpayers in paying heavy tax burdens where the taxpayer has limited distributable assets or income. As such, a taxpayer can propose to pay taxes on the basis of an ability to pay or on the basis of the Internal Revenue Service's (IRS's)...
INTRODUCTION There is a principle of constitutional law holding that "one legislature may not bind the legislative authority of its successors." (1) The Supreme Court recently discussed that principle at length in United States v. Winstar, and although the case was decided on...
The Pareto Principle is known by many names and seems to be an almost intrinsic law of nature. Amongst its other names two in particular pinpoint what it is about: the law of imbalance and the 80/20 rule. The principle can be expressed in many ways and has been used...
Abstract:This Article offers a normative theory justifying the feasibility principle animating many environmental statutes. The feasibility principle avoids widespread plant shutdowns while maximizing the stringency of regulation that does not close plants. This principle offers a reasonable, democratically chosen response to distributional concerns and provides meaningful guidance regarding both maximum...
How to Sidestep the Peter PrinciplePeters Principle and Putts lawsWe all observe the Peters Principle in our work places. Many years ago I read some wonderful Laws-I believe called Putts Laws. These included advice on how to be a successful consultant, such as "a consultant always learns more from the...
Incentive compensation for agency management is a good thing for shareholders, just as incentive pay for agencies is a good thing for marketers. The challenge is in putting principle into practice. We are encouraged by actions by holding companies to Incentive compensation for agency management is...
PRECAUTION has long been a basis for taking action to prevent harm, and where dangers are well characterized there are clearly merits in this: it is not advisable, for example, to build a house on the edge of a volcano that is expected to erupt imminently; nor indeed to build...
IT WAS characteristic of Max Beloff that less than six months ago in a debate on reform of the House of Lords he was one of the few speakers who had the courage to enter a vigorous defence of the hereditary principle. He stood up for it partly on pragmatic...
