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Question: A conflict of interest arises when what is in a person's own best interest is not in the best interest of another person or organization to which that individual owes loyalty. The lawyer's code of professional responsibility prohibits a lawyer from accepting a case in which there is a conflict of interest. John Gellene, a highly-skilled bankruptcy attorney, was sentenced to 15 months in prison for failing to disclose his conflicts of interest (i.e., the connections among his clients Milbank Tweed, South Street, and Salovaara) to the bankruptcy court when he accepted a case. Gellene was "not a bad guy," according to the prosecutor in the case who said it "made him nauseous to see how hard Gellene had been working" and suggested that Gellene was "overstressed and overworked."
If you were the judge in the case, would you consider Gellene's explanation that he was over-worked and overstressed as an excuse for any part of his behavior? Why or why not? Explain.
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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