An Agency Theory of The Constitution as a Power of Attorney

“[W]e must never forget that it is a constitution we are expounding.” Chief Justice John Marshall, McCulloch v. Maryland (1819) Reviewing the 200 years of “expounding” the Constitution has undergone can be quite confounding.  There have been hundreds of Supreme Court opinions. Legal scholars, lawyers, and judges engage in continuing debate over the proper method […]

Doing Well by Doing Good: Marketing and Management Science in the 21st Century

Benjamin Franklin understood that enlightened and ethical business practices produce more profit when he advised, “Do well by doing good.”  Over the history of American capitalism other entrepreneurs have prospered through application of this principle.   A short video featuring Harvard Business School historian Nancy Koehn makes the point that earlier entrepreneurs were driven by their […]

The BP Oil Spill Court Approved Settlement Process

Please Note: The Final and Firm Deadline for filing a claim is: June 8, 2015 For more information use the contact form at the end of this article.   On April 20, 2010, a blowout, explosion, and fire occurred aboard the Deepwater Horizon, an offshore drilling rig, engaged in drilling activities on the “Macondo Well” off […]

Types of Property Ownership are Important in Estate Planning

The principal goal of estate[1] planning is to see that the wishes of the person who accumulated property[2] are met. The most familiar method for addressing this goal is a valid Last Will and Testament. An additional tool maybe a Revocable Living Trust[3].  Both of these legal tools are primarily designed to direct disposition of […]

Real Estate Contract Contingencies & The Attorney Review Period

People making an offer to buy a home should be certain the written contract offer includes an attorney review period. Small contract matters can have big consequences. Residential real estate transactions typically begin with a written offer from an interested buyer to a seller.  Form contracts[1] are often used with blank spaces for the property […]