Yearly Archives: 2006
The Letter of Intent — The Letter of Intent
At various stages of a business negotiation it seems inevitable that someone involved in the transaction will suggest a letter of intent (“LOI”) to be signed by both parties to encapsule the terms of the transaction in an abbreviated manner. It is an effort to… Continue reading
Pardon Me!
Since Bill Clinton left office the subject of pardons has been in the news almost daily, due largely to the pardon granted Marc Rich. As a result, the idea of granting a pardon to a convicted criminal may be getting a bad rap. Without question… Continue reading
Funding a College Education
Today it is common to pay upwards of $100,000 for a four-year college education. With a 4% increase in costs per year, this equates to a $200,000 bill for a child who enters college in 18 years. Apart from earning a scholarship or going into… Continue reading
Restrictive Covenants: Can You Compete?
As the business world becomes more complex, many of us must deal with the issue of legal restrictions regarding key employees leaving to join competitors or to start competing businesses. Such restrictions are found in a variety of agreements and are commonly referred to as… Continue reading
The Queen’s English — A Detour
I have been writing these columns for a couple of years — and enjoying every moment of it. Even more do I appreciate the response I have received from so many people. Perhaps at this point we could make this interactive by your suggesting a… Continue reading
Mandatory Arbitration Agreements When Hiring New Employees
Many employers have been frustrated by the expense and risk involved in claims brought by employees for violation of their civil rights, age discrimination, race discrimination, sex discrimination, etc. There is a perception that jury awards for minimal (or nonexistent) violations have been excessive. Costs… Continue reading
Co-Ownership of Property
For most of us, buying a home is usually the most significant purchase we will ever make. For that reason, understanding how the property should be titled is certainly important. There are several different types of joint estates or co-ownership of property, including joint tenancy,… Continue reading
Tax Relief Act of 2001
On May 26, 2001, legislation was passed by the House and Senate promising to cut taxes by $1.35 trillion over a ten-year period. No Republicans opposed the bill in the House. Senator McCain (Arizona) and Senator Chafee (Rhode Island) were the only two Senate Republicans… Continue reading
Overview of Agency Adoption
Over the last several years, I have had the privilege of working with couples in the process of adopting children and with others simply needing information about adoptions in Pennsylvania. There are different approaches to adoption in Pennsylvania: kinship, private, and agency. Kinship adoption is… Continue reading
A Parting. A Thank You!
Cynthia Dixon has been a part of the firm family since 1991, and in that time we have come to appreciate her wonderfully balanced assessment of legal issues and even more so her cheerful countenances, always ready to lend a hand. On June 15th Cynthia… Continue reading