At the China Law Blog, a piece by Steve Barru highlighting issues in translating the spoken word and body language for lawyers and businessmen dealing with Chinese counterparts.
Chapter 3 (Purposes and Functions of Law) of Business Law Basics is now available online.
"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes.
Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any
public duty to pay more than the law demands."
In the past, contract negotiations were typically part of a deliberative—if not formal—process, whether that process was carried out in-person, over the phone, by exchange of letters, or any combination of these types of communication. But those days are long gone. E-mail reigns supreme as the most popular form of communication in today’s hyper-fast business world. But using e-mail as the primary means of negotiating and memorializing a contract is not without risk. The examples detailed below are but a few of the increasing number of cautionary tales involving e-negotiations.
At the New York Times, a feature on the business law decisions of the current U.S. Supreme Court.