9/16/14

UPCOMING EVENTS

9/23 Associate Luncheon RSVP IS OPEN, 11:30-1:30 in the Sheffield Room. TBLS is bringing in associates and young attorneys from firms, in-house programs, and consulting firms to have lunch and casual conversation about transactional practice. To RSVP email txbusinesslaw@gmail.com the following: Name, Class Year, Resume, any practice area or geographic preference (or just general interest). We will try as best we can to match students with attorneys in their interested field/market. Space is limited and reserved for DUES PAYING MEMBERS ONLY! Which brings me too…

Dues: We are still collecting dues every Tuesday from 1-3pm on the 3rd floor of the library (by the computers/printers). I will also be collecting dues Monday 9/22 from 12-2 in the SBA office. Dues are $30/yr and we can take cash or checks made out to “The University of Texas Law School Foundation.”

1Ls: We are still accepting applications for committee openings as well as 1L rep positions. Please email your resume and a few sentences about what your interests are to txbusinesslaw@gmail.com by THURSDAY 9/18 at 5 PM. If you have already submitted an application you should hear from us on Friday about interviews/placements.

9/26 Massey Prize for Research in Law, Innovation, and Capital Markets Symposium 8:45 a.m. – 5:30 p.m. UT Law School. Symposium is free to all students but requires registration. This Symposium is hosted in part by Prof. Henry Hu who is a great supporter of our group and the program itself should be very useful and interesting both in terms of content and networking. I strongly encourage those of you who have time to go, even if you can’t attend the entire day.

10/3 Pro Bono Small Business Boot Camp 12-3 PM, Francis Auditorium. Mark your calendars for our first Pro Bono event. Clinic Faculty and practitioners will be coming in to go over the lifecycle of a small business, common legal issue, document drafting, and client intake/interview skills. RSVP and more info coming later.

10/5 IM Volleyball Starts – If you would like to participate in IM volleyball, please email your UT EID to txbusinesslaw@gmail.com

TERM OF THE WEEK

RESTRICTIVE COVENANTIs often included in long-term contracts and contracts of employment to stop the parties working with competitors during the period of the agreement and for some time thereafter. However, unless carefully written the courts will see them as being a restraint of trade and not enforce them.

5 THINGS TO KNOW THIS WEEK

1.Beer Merger of Heineken and SABMiller Could Clear Antitrust Hurdles
A combined Heineken-SAB Miller would have a strong global profile, and the two companies could group or sell off assets to meet any antitrust concerns, writes Robert Cole of Reuters Breakingviews.

2. House Passes American Savings Promotion Act
Sen. Jerry Moran (R-Kansas) issued a statement late Monday evening praising the passage of the American Savings Promotion Act in the House of Representatives, which would allow banks to offer incentives and prizes to customers who establish savings account.

3. Morgan Stanley buys into Magnum Hunter’s pipeline unit
Magnum Hunter Resources Corp said Morgan Stanley would become a co-owner in its natural gas gathering subsidiary that operates in the Marcellus and Utica shale fields.

4. Take-Private Deals Are Nearly Extinct on Wall Street
Take-private deals have totaled just $3 billion this year, compared with $80 billion for all of last year, Goldman Sachs analysts said in a research report.

5. OECD unveils proposals to curb corporate tax avoidance
New international tax rules proposed on Tuesday could eliminate structures that have allowed companies such as Google Inc and Amazon.com Inc to shave billions of dollars off their tax bills.

Posted in Weekly Updates.