A lawsuit would create bad publicity for the bank during a period when it needs to create a positive image for itself in the media.
Retaining a strong relationship with an IT business partner is beneficial for CS, given the ever-changing nature of technology. The changing demands of the project is one reason the company has had such as stressful relationship with SS, and presumably the new system will require updates and reform in the future. Fostering a bad relationship with a well-known technology company is hardly in the interest of CS if it needs to update its system again.
Specific measures managers may take to minimize legal risk or realize legal opportunities.
Clarity in wording is essential in the future agreement for both parties. From the perspective of SS, limiting its liability is of paramount important, given that under the current contract, regardless of how tenuous an argument, CS might be able to state that SS is liable for any financial damage caused by an overdue project, or for any technical complications that ensue from the final project. CS has already chafed over the quality of the code received, for which SS blames organizational and project requirement changes that hampered its ability to perform on time and at its usual quality standard. No system is perfect, hence the need to limit liability. Instead of pointing fingers, the demands of the proposed system must be stated in clear wording, and the expected performance capacity of the system must be numerically defined.
Evaluate alternatives to resolve problems identified in the simulation.
According to SS, the delay and the failure to perform on the timetable specified in the contract was unavoidable, because of a change in CS management, changes to system requirements, changes in project scope and organizational changes. Because litigation is always costly, and extricating itself...
Contracts Law: Disney World Jurassic Park Amusement Ride The first question at issue in this study has to do with the termination of an employee for poor sales performance who entered into a non-compete agreement with the company, specifically that of Disney. The employee, Simpson agreed that he would not directly or indirectly compete with Disney as an agent, employer, broker, or contractor for one year from the date of termination.
ContractIntroductionUnderstanding the structural aspect of your client is essential to ensure that any contract is compliant and enforceable. This includes having knowledge of the client\\\'s objectives, the ground rules they have set out and how they expect their project to be managed. It is also important to understand the level of involvement that the client has in the project and what kind of communication protocols are in place. The team
Negotiation Police Labor Conflict in Boston: Summer 2004 This report aims to discuss a recent negotiation that occurred in the city of Boston in June of 2004. As the 2004 election comes to a close and as of this writing we still have no official winner for the office of President of the United States. The Democratic Party is patiently awaiting the results of the vote from the state of Ohio. But
The result is an increasing gap between the richest and poorest teams that would reinforce disparities around and earning power, concentrating productivity into monopolistic dominant teams with a concommitant reduction of competition in play and consumer price. The result is less competition for higher prices and restricted options for most employees. Under a bargaining agreement negotiated with a players' union on the other hand, all employers could offer baseline salaries
While Cadbury was initially vulnerable resulting in this take over, Kraft had to borrow heavily to afford the final price of 850p per share. In the coming months and years, Kraft will have to balance against recovering the money put into this acquisition (Wiggins, 2010). A risk, many British politicians and citizens alike fear will mean the end of their signature chocolate in an effort by Kraft to increase
International Energy Law International Energy Arbitration This paper will examine the role of arbitration in the international energy sector over the past 50 years. Discussion is organized around the five decades leading up to the current state of affairs in the international energy sector. In each section, major arbitrations are identified and tied to the categorical intention of arbitrations of that period. For instance, arbitration awards that occurred during a period of
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