Franchise reform to yield feast; experts predict boom times for lawyers

Article Abstract:

The $700 billion franchise industry, which boomed in the 1980s, should be a major sector of legal activity in the 1990s as franchisees seek to define their ambiguous relationship to franchisors. Proposed reform of franchise legislation in Iowa has touched off a battle between the Iowa Franchisees Association and the International Franchise Association, and two major lawsuits have been undertaken in Houston, Texas and Louisville, Kentucky. Underlying most disputes are gaps in franchise law which must be litigated and reformed.

Cases, Political activity, Practice, Economic policy, Fast food restaurants, Commercial law, Iowa, Franchises, KFC Corp., International Franchise Association

---

Lawyers probe IRS policy on doctor recruitment; non-profit hospitals have had little guidance on what financial lures might jeopardize their tax-exempt status

Article Abstract:

The release by the Internal Revenue Service of IRS Announcement 95-25 and the public availability of an agreement the IRS reached with a Houston hospital clarify for non-profit hospitals what incentives they may use to recruit physicians. The IRS demanded a sizable penalty from Hermann Hospital to confirm its tax-exempt status, and its decision allows financial incentives for recruiting new physicians but not for retaining existing ones. Community need for the particular physician's skills is a crucial test.

Taxation, Physicians, Medical professions, Recruiting, Tax exemption, Tax exemptions, Hospitals, Voluntary, Voluntary hospitals

---

Mexico's peso plunge is boon for U.S. lawyers; the currency crisis spurs growth of maquiladora plants along the border

Article Abstract:

The lower value of the Mexican peso encourages companies to open maquiladora operations on the border to take advantage of labor costs that have fallen 40%. Also called twin plants, these operations use a Mexican plant to assemble items that the US plant then distributes. Apparently the North American Free Trade Agreement has encouraged, rather than obviated, such plants, which are opening at an ever-increasing rate. Some 2,000 companies now employ 500,000 to 750,000 Mexicans in such operations.

Economic aspects, Mexico, Mexican-American border region, Offshore assembly industry, Peso (Mexico)

Similar abstracts:

• Abstracts: Trial nears for untested secrets law; some experts see trouble for Economic Espionage Act. Heating up cold crime squads; new emphasis on solving old murders puts defense lawyers in a difficult spot
• Abstracts: Europe online? EU antitrust reform: work in progress. Telecoms deregulation - round two
• Abstracts: Venture finance seekers need special expertise; role of company counsel can range from finding sources to drafting complex documents

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.