• As we all know due to the number of times we are not charged sales tax for items ordered online or via catalogs, Congress has not exercised its authority under the commerce clause to change the Quill result.

    FORBES: After Twenty Years Congress Still Has Not Acted On Sales Tax

  • Instead, Mr Bowman tried to tie up a cunning side-deal to gain control of Captain Morgan rum, the Seagram brand that he coveted most, with Morgan's original Puerto Rican distillers, who had reclaimed ownership from Seagram under a change-of-control clause.

    ECONOMIST: Face value: The mixer | The

  • But despite a lot of improvement since the bad old reserve-clause days, when players had no freedom at all to change teams, the market for major-league players is still not entirely free.

    FORBES: The Baseball Enigma

  • That is, a written clause in the bond indenture that says, if a control change occurs (i.e. merger, acquisition or LBO) then bondholders have the right to put their bonds back to the company at a predetermined price when a sale of substantially all the assets occurs.

    FORBES: Bondholders Beware: More M&A Activity Is On The Way

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