This week's latest in Suits by Suits:
It feels like most of Suits by Suits' home city of Washington has gone on vacation this week. Perhaps, then, it's no coincidence that news about employee travel expenses has filled the Inbox.
We start this trip with news of a four-star Army general, William "Kip" Ward -- who until recently commanded the Army's operations in Africa -- facing demotion for unauthorized and extravagant travel. Maybe he should have followed Hannibal's lead and gone by elephant -- or George Washington's example of travel by rowboat.
At the same time, some Republican lawmakers are questioning Attorney General Eric Holder's use of FBI planes for what they claim is personal and inapproriate travel.
Also, here's an interesting article in the New York Times, noting that top candidates for some jobs are negotiating for exemptions from company travel policies as part of their employment agreements. No Motel 6 for these folks.
This week in suits by suits:
This week's latest news in suits by suits:
The latest gold medalists in the race for our attention:
This week in suits by suits and other related items of interest:
JP Morgan reports that it has clawed back about two years of annual compensation from the three London-based traders it says are responsible for the trading losses reported by the company in May. The traders are fighting back.
A rare news recap that has nothing to do with health care reform:
This week in suits by suits:
As the regulatory and business environments in which our clients operate grow increasingly complex, we identify and offer perspectives on significant legal developments affecting businesses, organizations, and individuals. Each post aims to address timely issues and trends by evaluating impactful decisions, sharing observations of key enforcement changes, or distilling best practices drawn from experience. InsightZS also features personal interest pieces about the impact of our legal work in our communities and about associate life at Zuckerman Spaeder.
Information provided on InsightZS should not be considered legal advice and expressed views are those of the authors alone. Readers should seek specific legal guidance before acting in any particular circumstance.
John J. Connolly
Partner
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Andrew N. Goldfarb
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