An Unlikely Trust

An Unlikely Trust
Author: Gerard Helferich
Publisher: Rowman & Littlefield
Total Pages: 289
Release: 2018-01-01
Genre: History
ISBN: 1493025783

At the dawn of the twentieth century, Theodore Roosevelt and J. Pierpont Morgan were the two most powerful men in America, perhaps the world. As the nation’s preeminent financier, Morgan presided over an elemental shift in American business, away from family-owned companies and toward modern corporations of unparalleled size and influence. As president, Theodore Roosevelt expanded the power of that office to an unprecedented degree, seeking to rein in those corporations and to rebalance their interests with those of workers, consumers, and society at large. Overpowering figures and titanic personalities, Roosevelt and Morgan could easily have become sworn enemies. And when they have been considered together (never before at book length), they have generally been portrayed as battling colossi, the great trust builder versus the original trustbuster. But their long association was far more complex than that, and even mutually beneficial. Despite their many differences in temperament and philosophy, Roosevelt and Morgan had much in common—social class, an unstinting Victorian moralism, a drive for power, a need for order, and a genuine (though not purely altruistic) concern for the welfare of the nation. Working this common ground, the premier progressive and the quintessential capitalist were able to accomplish what neither could have achieved alone—including, more than once, averting national disaster. In the process they also changed forever the way that government and business worked together. An Unlikely Trust is the story of the uneasy but fruitful collaboration between Theodore Roosevelt and Pierpont Morgan. It is also the story of how government and business evolved from a relationship of laissez-faire to the active regulation that we know today. And it is an account of how, despite all that has changed in America over the past century, so much remains the same, including the growing divide between rich and poor; the tangled bonds uniting politicians and business leaders; and the pervasive feeling that government is working for the special interests rather than for the people. Not least of all, it is the story of how citizens with vastly disparate outlooks and interests managed to come together for the good of their common country.

An Unlikely Dilemma

An Unlikely Dilemma
Author: Göran Gunner
Publisher: Wipf and Stock Publishers
Total Pages: 183
Release: 2011-08-01
Genre: Religion
ISBN: 1630875538

In a world where armed conflict, repression, and authoritarian rule are too frequent, human rights and peace-building present key concepts and agendas for the global and local struggle for peace and development. But are these agendas congruent? Do they support each other? Many organizations, states, and individuals have experienced how priorities of one agenda create friction with the other. For instance, are justice and reconciliation incompatible goals? If not, do they lead to counteracting initiatives? How can local and international actors develop support to societies that search a way out of violence and repression without violating universal moral standards, in an imperfect and resource-scarce situation? This study departs from the view that both human rights and peace-building are agendas with specific and unique contributions. In order to deal with overlapping claims that the two agendas sometimes formulate, in both conflict and post-conflict situations, this study suggests specific approaches in order to create synergy effects of agenda cooperation.

Intermediaries in Commercial Law

Intermediaries in Commercial Law
Author: Paul S Davies
Publisher: Bloomsbury Publishing
Total Pages: 421
Release: 2022-09-08
Genre: Law
ISBN: 1509949100

This book is the first to examine intermediaries in a holistic and systematic manner. The classical model of face-to-face contracting between two individuals is no longer dominant. Instead, deals frequently involve a number of parties, often acting through intermediaries. As a result, it is important to understand the role and power of intermediaries. Intermediaries tend to be considered within discrete silos of the law. But by focussing upon a particular, narrow area of law, lessons are not learned from analogous situations. This book takes a broader approach, and looks across the traditional boundaries of private law in order to gain a proper assessment of the role played by intermediaries. A wide range of jurisdictions and topical issues are discussed in order to illuminate the role intermediaries play in commercial law. For example, the continued growth of electronic commerce requires consideration of the role of websites and other platforms as intermediaries. And developments in artificial intelligence raise the prospect of intermediaries being non-human actors. All these issues are subject to rigorous analysis by the expert contributors to this book.

Antitrust

Antitrust
Author: Amy Klobuchar
Publisher: Vintage
Total Pages: 625
Release: 2022-01-18
Genre: Business & Economics
ISBN: 0525563997

NATIONAL BESTSELLER • Antitrust enforcement is one of the most pressing issues facing America today—and Amy Klobuchar, the widely respected senior senator from Minnesota, is leading the charge. This fascinating history of the antitrust movement shows us what led to the present moment and offers achievable solutions to prevent monopolies, promote business competition, and encourage innovation. In a world where Google reportedly controls 90 percent of the search engine market and Big Pharma’s drug price hikes impact healthcare accessibility, monopolies can hurt consumers and cause marketplace stagnation. Klobuchar—the much-admired former candidate for president of the United States—argues for swift, sweeping reform in economic, legislative, social welfare, and human rights policies, and describes plans, ideas, and legislative proposals designed to strengthen antitrust laws and antitrust enforcement. Klobuchar writes of the historic and current fights against monopolies in America, from Standard Oil and the Sherman Anti-Trust Act to the Progressive Era's trust-busters; from the breakup of Ma Bell (formerly the world's biggest company and largest private telephone system) to the pricing monopoly of Big Pharma and the future of the giant tech companies like Facebook, Amazon, and Google. She begins with the Gilded Age (1870s-1900), when builders of fortunes and rapacious robber barons such as J. P. Morgan, John Rockefeller, and Cornelius Vanderbilt were reaping vast fortunes as industrialization swept across the American landscape, with the rich getting vastly richer and the poor, poorer. She discusses President Theodore Roosevelt, who, during the Progressive Era (1890s-1920), "busted" the trusts, breaking up monopolies; the Clayton Act of 1914; the Federal Trade Commission Act of 1914; and the Celler-Kefauver Act of 1950, which it strengthened the Clayton Act. She explores today's Big Pharma and its price-gouging; and tech, television, content, and agriculture communities and how a marketplace with few players, or one in which one company dominates distribution, can hurt consumer prices and stifle innovation. As the ranking member of the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Klobuchar provides a fascinating exploration of antitrust in America and offers a way forward to protect all Americans from the dangers of curtailed competition, and from vast information gathering, through monopolies.

The Unlikely Wife

The Unlikely Wife
Author: Debra Ullrick
Publisher: Harlequin
Total Pages: 285
Release: 2012-01-01
Genre: Fiction
ISBN: 145921997X

The arrival of Michael Bowen's bride, married sight unseen by proxy, sends the rancher reeling. With her trousers, cowboy hat and rifle, she looks like a female outlaw—not the genteel lady he corresponded with for months. He's been hoodwinked into marriage with the wrong woman! Selina Farleigh Bowen loved Michael's letters, even if she couldn't read them herself. A friend read them to her, and wrote her replies—but apparently that "friend" left things out, like Michael's dream of a wife who was nothing like her. Selina won't change who she is, not even for the man she loves. Yet time might show Michael the true value of his unlikely wife.

Extending the Boudaries of Trust and Similar Ring-Fenced Funds

Extending the Boudaries of Trust and Similar Ring-Fenced Funds
Author: David Hayton
Publisher: Kluwer Law International B.V.
Total Pages: 482
Release: 2002-07-19
Genre: Law
ISBN: 9041198792

Virtually every jurisdiction today is busy developing private international law rules to deal with trusts and similar ring-fenced structures. With the increasing impact of globalisation, business interests throughout the world are intent on maximising the potential of such structures for raising funds, lowering risks, and cutting costs. As a result, numerous complex issues involving the traditional categories of settlor, beneficiary, and fiduciary are being radically transformed. Extending the Boundaries of Trusts and Similar Ring-Fenced Funds offers valuable analyses, by sixteen well-known authorities in the field, of a broad range of trust-related issues. The many important insights in this book reveal the workings of such issues as the following: the disappearing divergence between common law and civil law jurisdictions in the matter of trusts; using the segregated fund concept to manage the risk of insolvency; the demise of the "amateur trustee" in the charitable trust sector; why loss to the fund supersedes particular losses of beneficiaries; the legal dimensions of hiding ownership by "giving" property to trustees; the intervention of public policy in questions of perpetuity; the selective imposition of OECD and FTF transparency initiatives on offshore jurisdictions; and "policing" of trustee behaviour by beneficiaries. Lawyers, bankers, and others dealing with investment and business finance will find much information as well as food for thought in this fascinating book, as will those involved in the traditional trust industry, whether as trustees or lawyers or fund managers. Most of the essays in this outstanding thematic collection were originally prepared for presentation at a conference held in 2001 at King's College London.

The Big Tow: An Unlikely Romance

The Big Tow: An Unlikely Romance
Author: Ann McMan
Publisher: Bywater Books
Total Pages: 397
Release: 2020-10-13
Genre: Fiction
ISBN: 1612941842

Welcome to the National Recovery Bureau, where your assets are as sacred as God’s holy word. Vera “Nick” Nicholson is an overtaxed and underpaid attorney wasting away on the bottom rung of the gilded ladder at Turner, Witherspoon, Anders, and Tyler in Winston-Salem, NC. When a high-priced luxury car belonging to one of the firm’s top clients goes missing, Nick gets saddled with the unenviable job of recovering the vehicle―and its mysterious contents―without involving the cops. Enter Fast Eddie and his quirky band of misfits at The National Recovery Bureau, a repo agency located in a sleepy town called K-Vegas. When Nick is unceremoniously furloughed from TWAT, she throws caution to the wind and signs on to become the newest agent of the NRB, teaming up with moonlighting third-grade schoolteacher, Frances “Frankie” Stohler. Frankie’s mortician father and beautician mother are stalwarts of the Winston-Salem community―so it’s no surprise that everyone across three counties has some connection to her family. What is surprising, however, is the Slim Jim Frankie carries in her purse and her preternatural talent for jacking cars. Nick and Frankie’s stumbling entrée into the surreal world of asset recovery takes them on a hilarious, fast-paced, and mind-bending journey across the back roads and byways of the Tar Heel state, setting into motion a chain of misadventures that lead them both toward financial independence, cataclysmic legal jeopardy, and the discovery that true love can sometimes lurk in the most unlikely places. "Repo romance might not be a genre, but two-time Lambda Literary Award-winner McMan makes a case that it should be with this delicious and hilarious fever-dream of a novel." —Publisher's Weekly (Starred Review)

The Economic Structure of Trusts

The Economic Structure of Trusts
Author: M. W. Lau
Publisher: Oxford University Press
Total Pages: 230
Release: 2011-01-13
Genre: Business & Economics
ISBN: 0199602409

Providing an economic account of why trusts exist and how trust law should be shaped, this book explains the economic benefits of trusts as an extension of the law of property, arguing against accounts of trusts law grounded in the law of personal obligations. The theoretical model is then used to criticise recent developments in the law.

Drafting Cayman Islands Trusts

Drafting Cayman Islands Trusts
Author: James Kessler
Publisher: Kluwer Law International B.V.
Total Pages: 498
Release: 2006-01-01
Genre: Law
ISBN: 9041124888

The Cayman Islands is one of the world's leading jurisdictions for the establishment of offshore trusts. However, it is not easy for a practitioner to approach the drafting of a Cayman Islands trust instrument with confidence. This eminently practical book solves that problem to near perfection. Arranged as a collection of precedents, with each provision of every precedent explained in detail, Drafting Cayman Islands Trusts, could hardly make the drafting process easier. The drafter learns the advantages and potential pitfalls associated with each provision as he or she prepares to draft it. The authors provide specific language, although individual variations (based on the authors' expert guidance) are encouraged. The precedents covered including the following: Discretionary trusts (with and without protectors) Interest in possession trust Reserved powers trust Charitable trust STAR trusts Appointments and retirements of trustees For additional convenience, the precedents are also provided in Word format on a CD-ROM that comes with the book. The detailed annotation answers such key questions as the following: Are hostile beneficiaries clauses valid? Do automatic flee clauses work? What powers can a settlor reserve? How can STAR trusts be used to protect trustees holding high-risk assets? Would STAR trusts be recognised in other jurisdictions? How can one restrict a beneficiary's right to information and trust documents? Can the appointment of a foreign trustee discharge a retiring Cayman trustee? What indemnities should retiring trustees request from successors? As a systematic approach to drafting Cayman Islands trusts, this book will be of immeasurable day-to-day value to practitioners and administrators alike. James Kessler QC is a leading practitioner at the Revenue bar. He is the author of Drafting Trusts andamp; Will Trusts, Taxation of Foreign Domiciliaries, and Taxation of Charities. He is a founder member of STEP and founder of the Trusts Discussion Forum. Tony Pursall is a Cayman Islands attorney-at-law, who practices from the London office of Maples and Calder. He is a member of the STEP International Committee and of the City of London branch committee of STEP. He is the author of the Cayman Islands section of the World Trust Survey for Trusts andamp; Trustees and is a contributor to the Cayman Islands section of Planning and Administration of Offshore and Onshore Trusts. andquot;All those who work with Cayman Islands trusts, here or abroad, should leap to their feet and applaud James Kessler and Tony Pursall for this splendid work.andquot; Antony Duckworth, Partner, Charles Adams, Ritchie andamp; Duckworth