Add to this mix legal and regulatory requirements that require extremely careful reporting of information, and it becomes clear that corporations must implement sound legal contract management principles in order to ensure the efficient use of both resources per se and those specifically within the scope of those agreements.
McCourt could sell a minority share of The Dodgers in order to pay his Bills until The Television Contract expires and a New TV Rights Deal is necessary.
As a result of the dispute, the U.S. Air Force said it asked SNC and Embraer for a stay on the contract order on March 11, shortly after Beechcraft filed the complaint on March 8.
FORBES: U.S. Air Force Sides With Brazil's Embraer In Fighter Plane Dispute
Third, as the nation's largest customer, the government could refuse, by statute or executive order, to contract with or provide subsidies, handouts and bailouts to any company that spends money directly in the electoral arena.
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Traders typically put down just a small percentage of a gold contract's full value in order to trade it, and this amount, known as margin, must be increased when prices fall.
It also asks for legal costs, other economic damages and an order blocking future levies on money due Straw Marketing under the HarperCollins contract.
FORBES: IRS Drafts News Corp. And Mets To Collect Darryl Strawberry's Tax Debts
The contract suspension could last up to a year, and in order to get the ban lifted, BP will have to prove to the government that it is a good corporate citizen and has cleaned up its act.
FORBES: BP's Federal Contract Ban Will Hurt U.S. Taxpayers, Not Just BP
Although Beechcraft never said it was actually going to layoff workers as a result of not securing the contract with the USAF, Embraer and Sierra Nevada have said repeatedly that the order for the Super Tucanos would support around 1, 000 new hires.
FORBES: No Break For Beechcraft: U.S. Federal Court Sides With Brazil Defense Contractor
Before reading your contract, absorbing the terms and reacting, mentally list your top three items in order of importance.
By buying a longer contract you can reduce transaction costs, but be careful and use a stop-loss order.
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