kmb notes

November 2009

New Way To Register For Our Seminars & Training

To reduce the amount of email flowing to your In Box, notice of all KMBlaw seminars, training and presentations will be included in our newsletter. No more individual blasts, save for short-turnaround urgent information we feel would really be of benefit to you. In the right side panel of every kmb notes we will list the presentation topic and date. Click through this byte and you will find full details of the discussion as well as Registration information. Full details can be found at our »Seminars Section

Powers of Attorney – Who Will Make Your Decisions If You Can't?

Becoming mentally incapable to make decisions for yourself, whether due to an illness or accident, could happen to you. Without powers of attorney in place, you won't have a say in who will make decisions on your behalf. Instead, these decisions could end up being made by a court or government agency.
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Insurance: Court Orders Lloyd's To Defend Under Outside Directors Liability Policy

It is a common practice for a board of directors to have as members, professionals such as lawyers to bring specialized knowledge to governance of the corporation. Often, the corporation has its own Directors and Officers Liability Insurance to cover these professionals. The professional's firm may have its own Outside Directors Liability insurance policy to cover its members who serve on outside boards.
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Franchise System Changes in Challenging Times And The Requirements Of Good Faith And Fair Dealing

Recent economic challenges may have franchisors considering changes to their current franchise systems. A franchisor may be seeing steady decreases in royalty fees and advertising contributions, staff reductions, delays in payments to suppliers or landlords, or reduced inventory purchases from franchisees. The response may be to temporarily defer or waive fees, begin location specific promotional campaigns, attempt to negotiate concessions with suppliers and/or landlords or increase the frequency of audits and inspections of franchisees' books and records. A franchisor may also wish to adjust the products and/or services the franchise system offers.
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The H1N1 Virus: Is Your Organization Prepared?

If you did not have an opportunity to review our article on the H1N1 virus, now is a good time to find out if your organization is prepared and if it is meeting its legal obligations
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