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Showing episodes and shows of
Eric Froiland
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Legal English Innovation SAS
Data Privacy in Legal Enlgish
The Modern Privacy Landscape: An Overview for Senior LeadershipIn today's interconnected global economy, data privacy has evolved from a niche compliance concern into a fundamental pillar of corporate strategy, brand reputation, and consumer trust. For senior decision-makers, navigating this complex domain is no longer optional; it is a critical leadership function with direct implications for financial stability and market standing. This summary distills the core principles, landmark regulations, and pivotal incidents that define the current data privacy and compliance landscape, framing it not merely as a legal obligation but as a strategic imperative.At...
2025-11-10
34 min
Legal English Innovation SAS
Private Contracts vs Public Policy - ADR
The sources provide an extensive overview of Alternative Dispute Resolution (ADR), defining the concept, outlining its historical institutionalization from ancient practices to modern international treaties, and detailing its core principle of Party Autonomy. The text compares and contrasts the primary methods of ADR, mediation and arbitration, explaining the roles of neutral parties and emphasizing the advantages (speed, cost, confidentiality) and disadvantages (limited appeal, reduced discovery). Furthermore, the document discusses key players and institutions in the field and uses two significant U.S. Supreme Court case studies, Mitsubishi Motors and
2025-10-23
12 min
Legal English Innovation SAS
Who is who in ADR?
- Presiding Arbitrator (or Chair): The neutral appointed to lead the arbitral panel,often holding procedural authority and the tie-breaking vote.- Arbitral Tribunal: The collective body of arbitrators (typically three) responsiblefor hearing the case and issuing the final award.- Party-Appointed Arbitrator: An arbitrator nominated directly by one of thedisputing sides (who is still required to be impartial).- Institutional Counsel: Staff lawyers at an arbitral institution (like the ICC) whoscrutinize the final award for formal errors before it is released.- Tribunal Secretary: A junior lawyer...
2025-10-22
01 min
Legal English Innovation SAS
Corporations in Legal English
Glossary of Key TermsAcquisition: The process of one entity purchasing another for strategic advantages.Articles of Association: (UK English) The document outlining a company's internal rules and procedures, similar to US bylaws.Articles of Incorporation: The primary document filed with a state to create a corporation; formal legal document that establishes a corporation.Bankruptcy: Legal process for dealing with debt when individuals or businesses are unable to pay their debts as they fall due.Board Committees: Subgroups of the board of directors formed to focus on specific...
2025-05-28
35 min
Legal English Innovation SAS
Types of Corporations
Glossary of Key TermsPublic Corporation: A type of corporation whose ownership shares are available for trading on public stock exchanges, making them accessible to a wide range of investors.Private Corporation: A type of corporation whose ownership shares are not publicly traded and are typically held by a smaller, select group of investors.For-Profit Corporation: A type of corporation whose primary objective is to generate financial profits for its shareholders or owners.Non-Profit Corporation: A type of corporation organized for charitable, educational, religious, literary, scientific, or other...
2025-03-14
05 min
Legal English Innovation SAS
A Journey through Time in Corporations
Glossary of Key TermsAssociation: A group of individuals formally organized for a joint purpose.Charter: A formal document granting rights or privileges by a ruler, government, or other authority.Collective Entity: A group or organization that acts as a single unit.General Incorporation Laws: Statutes that allow businesses to become corporations by meeting certain standardized legal requirements, without the need for a specific charter from the government for each individual case.Guild: A medieval association of craftspeople or merchants, often having considerable power and regulating...
2025-03-13
05 min
Legal English Innovation SAS
What is a Corporation?
Glossary of Key TermsCorporation: A legal entity separate and distinct from its owners, formed under the laws of a specific jurisdiction.Legal Personality: The recognition of an entity (like a corporation) as having the same rights and responsibilities as a natural person under the law.Limited Liability: A legal principle that protects shareholders from being held personally liable for the debts and obligations of the corporation beyond their investment.Board of Directors: A group of individuals elected by shareholders to oversee the management and strategic direction of a corporation.
2025-03-12
05 min
Legal English Innovation SAS
Legal Contract Vocabulary Transformation
Acceptance: The act of agreeing to the terms of an offer, forming a legally binding contract.Breach of Contract: Failure by one party to fulfill their obligations as specified in the contract.Enforcement: The process of compelling a party to adhere to the terms of a contract, often through legal action.Negotiation: The process of discussing and attempting to reach an agreement on the terms of a contract.Rescission: The cancellation of a contract, returning the parties to their pre-contractual positions.Restitution: Restoring a party to their original...
2025-02-28
04 min
Legal English Innovation SAS
The 7 Key Steps of Compliance Programs
Glossary of Key TermsCompliance Program: A structured system designed to prevent and detect violations of laws, regulations, and ethical standards.Leadership Commitment: Active and visible support from organizational leaders, demonstrating the importance of compliance.Risk Assessment: The process of identifying, evaluating, and prioritizing potential compliance risks.Policies: Broad statements of principles or rules that guide behavior within an organization.Procedures: Specific instructions and steps on how to implement policies.Training: Educating employees on relevant laws, regulations, policies, and procedures.Communication: Sharing...
2025-02-28
05 min
Legal English Innovation SAS
Fake Art: Lack of Compliance
Glossary of Key Terms:Art Authentication: The process of verifying the genuineness and origin of a work of art.Forgery: An imitation or copy of a work of art made with the intention to deceive.Kouros: A type of freestanding ancient Greek sculpture depicting a nude male youth.Marble: A metamorphic rock composed of recrystallized carbonate minerals, commonly used for sculpture and architecture.Provenance: The documented history of ownership of a work of art, from its creation to the present.Scientific Analysis: The use of scientific...
2025-02-27
07 min
Legal English Innovation SAS
Prepositions in Compliance: In v. On
The prepositions "on" and "in" can be tricky, especially when discussing abstract concepts like compliance."On" often indicates a surface or a relationship of dependence. Think of something physically on a table. Similarly, a company's reputation depends on its compliance. We also use "on" for topics of focus, like a training program focusing on ethics."In," on the other hand, often refers to containment or location within something. A weakness in the system suggests it's contained within that system. We might find deficiencies in procedures, meaning those flaws are part of or exist within those...
2025-02-26
03 min
Legal English Innovation SAS
Compliance Voicemail Pitch
Glossary of Key TermsCompliance Program: A structured system designed to ensure an organization adheres to laws, regulations, and ethical standards.Compliance Consultant: An expert who advises organizations on how to develop, implement, and maintain a compliance program.Brevity: The quality of being concise and expressing much in few words.Persuasion: The act of convincing someone to do or believe something through reason or argument.Voicemail: An audio message left by a caller for the recipient to listen to later, often in lieu of a live conversation....
2025-02-21
05 min
Legal English Innovation SAS
Building Compliance Vocabulary
Glossary of Key TermsFramework: A basic structure or outline of the compliance program. Provides the initial architecture.To Structure: The way the program is organized and arranged. Relates to how the program is built based on the framework.Foundation: The underlying principles and support for the program. The ethical and legal basis upon which the program is built.Implementation: The process of putting the program into action. The practical application of the compliance strategy.Integration: Combining different parts of the program into a cohesive whole...
2025-02-19
04 min
Legal English Innovation SAS
Building a Robust Compliance Program
Glossary of Key TermsCompliance: Adherence to laws, regulations, rules, policies, and ethical standards.Compliance Program: A structured system designed to prevent, detect, and address compliance violations.Risk Assessment: The process of identifying, analyzing, and prioritizing potential compliance risks.Policy: A formal statement of principles, rules, and guidelines that governs organizational behavior.Training: Educational programs designed to inform employees about relevant laws, regulations, and company policies.Monitoring: The ongoing process of observing and evaluating compliance with policies and regulations.Reporting: The act of communicating...
2025-02-18
04 min
Legal English Innovation SAS
Defense Industry Initiative on Business Ethics and Conduct (DII)
Defense Industry Initiative on Business Ethics and Conduct (DII): A collaborative effort among defense contractors in the 1980s to establish ethical principles and guidelines, often cited as a foundational example of compliance program development.Self-Governance: An organization's ability to manage its own behavior and ensure it is meeting ethical and legal standards without sole reliance on external oversight.Internal Controls: Processes implemented by an organization to provide reasonable assurance regarding the achievement of its objectives related to operations, reporting, and compliance.Defense Procurement Scandals: A series of unethical activities related to the...
2025-02-17
06 min
Legal English Innovation SAS
Legal and Ethical Underpinnings of Compliance
Glossary of Key TermsCompliance: Adhering to legal rules, regulations, standards, and ethical principles.Legal Requirements: Mandatory rules, regulations, and laws that organizations must follow.Ethical Principles: Moral guidelines that go beyond legal requirements, emphasizing what is right and just.Integrity: Acting honestly and ethically in all business dealings and interactions.Transparency: Being open and accountable in decision-making processes, ensuring clarity and accessibility.Fairness: Treating all stakeholders equitably, without favoritism or bias.Responsibility: Taking ownership of one’s actions and their consequences.Financial Re...
2025-02-14
06 min
Legal English Innovation SAS
History of Compliance
Glossary of Key TermsCompliance: The act or process of adhering to rules, laws, regulations, standards, or ethical guidelines.Due Diligence: The process of taking reasonable steps to ensure the accuracy, completeness, and legitimacy of information and to identify potential risks.Globalization: The process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.Jurisdiction: The official power to make legal decisions and judgments; the geographical area within which such authority may be exercised.Multinational Corporation: A corporation that has its...
2025-02-13
04 min
Legal English Innovation SAS
Understanding Compliance Vocabulary
Glossary of Key TermsAccountability: The state of being responsible and answerable for one's actions and decisions.Adhere (to): To stick to, follow, or comply with a rule, agreement, or plan.Audit: A systematic review or assessment of an organization's processes or records to verify compliance, effectiveness, or accuracy.Breach: To break or violate a law, rule, obligation, or duty.Comply (with): To act in accordance with rules, regulations, or laws; to conform or obey.Control: A means of regulating, managing, or restraining processes, activities, or...
2025-02-12
05 min
Legal English Innovation SAS
Picture this: Compliance 101
Glossary of Key TermsCompliance: The act of adhering to a set of rules, laws, standards, and ethical guidelines. In finance, it refers to the framework institutions and individuals use to ensure that operations and behaviors conform to regulations, internal policies, and ethical expectations.Ethical Behavior: Actions and decisions that are based on principles of honesty, integrity, and fairness. In finance, it involves avoiding conflicts of interest, treating clients fairly, and acting with due diligence.Fiduciary Responsibility: A legal and ethical obligation of a person or institution to act in the best...
2025-02-12
04 min
Legal English Innovation SAS
Art Forgery in Action
Glossary of Key TermsKouros: A type of free-standing ancient Greek sculpture depicting a nude young male, often in a rigid, frontal pose, typical of the Archaic period.Forgery: The act of creating a false copy of something, especially with the intent to deceive or defraud, as in creating a false work of art.Authentication: The process of verifying the genuineness or originality of an object, such as a historical artifact or a work of art.Provenance: The history of ownership of a work of art or historical object from...
2025-02-05
05 min
Legal English Innovation SAS
What is Compliance?
Glossary of Key TermsCompliance: The act of adhering to rules, laws, and regulations established by governing bodies, both internal and external.Regulations: Rules or directives issued and enforced by an authority, designed to govern behavior or activities in a specific area.Jurisdictions: The official power to make legal decisions and judgements over specific territories or areas.Non-Compliance: Failure or refusal to obey rules, laws, or regulations.Reputational Damage: Harm to an organization's public image or standing as a result of negative actions or associations....
2025-02-04
05 min
Legal English Innovation SAS
Prepositions in Legal English: "By" vs "For"
Glossary of Key TermsPreposition: A word that shows the relationship between a noun or pronoun and other words in a sentence (e.g., by, for, with, in, at).Agent: The person or thing that performs an action. In a sentence, the agent is the performer.Purpose: The reason for which something is done or created. In a sentence, the purpose explains why an action occurred or why something was created.Passive Voice: A sentence construction in which the subject receives the action, rather than performing it, often...
2025-01-31
03 min
Legal English Innovation SAS
Vocabulary for Raising Capital
Glossary of Key TermsSeed Funding: Early-stage funding provided to a new business to help it get started.Debt Financing: Borrowing money that must be repaid over time with interest.Incubator: A company or organization that helps early-stage startups grow by providing resources, mentorship, and networking opportunities.Accelerator: A program that supports startups, often through intensive workshops, mentorship, and access to funding, to accelerate their growth rapidly within a specific timeframe.Burn Rate: The rate at which a company is spending its capital.Valuation:...
2025-01-30
04 min
Legal English Innovation SAS
Securities Law Vocabulary
Glossary of Key TermsAsset: Something of value that a person or company owns.Capital: Money used to start or grow a business.Commodity: Raw materials, like oil or gold, that are traded.Dividend: A share of profits paid to shareholders.Equity: Ownership in a company, represented by stock.Exchange: A marketplace where securities are bought and sold.Index: A benchmark that tracks the performance of a group of stocks.
2025-01-29
07 min
Legal English Innovation SAS
1.8 SEC v WJ Howey
Glossary of Key TermsInvestment Contract: A contract, transaction, or scheme where a person invests money in a common enterprise with the expectation of making a profit primarily from the efforts of others.Howey Test: A legal test established in SEC v. W.J. Howey Co. (1946) used to determine if a transaction qualifies as an "investment contract" and thus is a security under federal law.Securities Act of 1933: A U.S. federal law that requires the registration of securities with the Securities and Exchange Commission (SEC) and aims to ensure...
2025-01-28
05 min
Legal English Innovation SAS
1.7 Passive Voice in Securities Law
Glossary of Key TermsPassive Voice: A grammatical construction where the subject of a sentence receives the action rather than performs it.Securities: Financial instruments that represent ownership (stocks) or debt (bonds) in a company or government entity.Dividends: A portion of a company's profits distributed to shareholders, often in cash or additional shares.Common Stock: A type of security representing basic ownership in a company and typically grants voting rights to the holder.Preferred Stock: A type of security representing ownership in a company that...
2025-01-27
06 min
Legal English Innovation SAS
1.4 Dutch East India Company
Glossary of Key TermsDutch East India Company: A Dutch trading company founded in 1602 that held a monopoly on trade with the East Indies.Stock: A share of ownership in a company.Monopoly: Exclusive control over a particular product or service.Colonialism: The policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.Trading post: A settlement or station for merchants or traders, especially in a remote or unpopulated area.Capital: Financial assets...
2025-01-27
03 min
Legal English Innovation SAS
1.5 The Role of Underwriters
Glossary of Key TermsUnderwriter: A financial intermediary, typically an investment bank, that helps companies issue and sell securities to investors.Securities: Financial instruments that represent an ownership interest in a company (stocks) or a debt obligation (bonds).Stocks: Shares of ownership in a corporation that entitle the holder to a portion of the company's profits and voting rights.Bonds: Debt securities issued by companies or governments that represent a loan with a promise to repay the principal amount with interest at a future date.Initial Public...
2025-01-23
06 min
Legal English Innovation SAS
2.0 Raising Capital
Glossary of Key TermsInitial Public Offering (IPO): The process by which a private company offers shares to the public for the first time.Underwriter: A financial institution that helps a company prepare for an IPO, assesses investor interest, and guarantees the sale of shares.Securities and Exchange Commission (SEC): A U.S. government agency responsible for overseeing and regulating the securities markets.Securities Disclosure: The process of providing transparent and accurate information about a company's financials, operations, and risks to potential investors.
2025-01-22
04 min
Legal English Innovation SAS
Stocks, Bonds, Options & Mutual Funds
Glossary of Key TermsCommon Stock: A security representing ownership in a company, granting shareholders voting rights and potential for dividends and capital appreciation.Bonds: Debt securities representing loans made by investors to companies or governments, with the issuer obligated to repay principal and interest.Options: Contracts granting the right, but not the obligation, to buy or sell an underlying asset at a specified price on or before a specific date.Mutual Funds: Investment vehicles pooling money from multiple investors to purchase a diversified portfolio of securities, managed by professionals.
2025-01-21
06 min
Legal English Innovation SAS
Types of Securities
Equity securities, primarily common stock, signify ownership in a company, granting voting rights and potential dividend payments. In contrast, debt securities, such as bonds, represent a loan relationship where the issuer (borrower) promises to repay the principal and interest to the bondholder (lender). This distinction highlights the core difference between owning a piece of a company versus lending it money. The passage provides a basic understanding of these two main types of securities.Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help...
2025-01-20
02 min
Legal English Innovation SAS
The Peppercorn Theory
Consideration: Something of value exchanged between parties in a contract.A grasp of something: An understanding or comprehension of a concept or subject.Blow your mind: To be astonished or amazed by something.A peppercorn: A small, dried fruit of a pepper plant, often used metaphorically to represent something of very small value.A riddle: A question or statement intentionally phrased so as to require ingenuity in ascertaining its answer or meaning. To enter into a c...
2025-01-18
05 min
Legal English Innovation SAS
Contract Law Basics
Key Concepts:Contract: A legally binding agreement between two or more parties that creates mutual obligations enforceable by law.Unilateral Contract: A contract where one party makes a promise in exchange for another party's action. Acceptance of the offer is the performance of the action.Bilateral Contract: A contract where two parties exchange mutual promises to be performed in the future.Offer: A proposal to enter into a contract, outlining specific terms and conditions.Acceptance: Agreement to the terms of an offer, creating a binding contract.
2025-01-17
05 min
Legal English Innovation SAS
The 5 Elements of a Contract
legally binding: An agreement that creates legal obligations enforceable in court.to regurgitate textbook: To repeat information from a textbook without understanding.to kick off: To begin or start something.a valid offer: A proposal made with the intention to be bound, with clear terms.vague language: Words or phrases that are unclear or imprecise.down the line: In the future.consideration: Something of value exchanged between parties in a contract.
2025-01-16
05 min
Legal English Innovation SAS
Silence as Acceptance: Felthouse v Bindley
The legal issue in Felthouse v Bindley centers around the formation of a valid contract, specifically whether silence or a failure to reject an offer can be considered acceptance.Here's a breakdown of the issue:Offer: Paul Felthouse offered to buy a horse from his nephew. He stated in his offer, "If I hear no more about him, I consider the horse mine..." This created a condition where the nephew's silence would be deemed as acceptance.Silence as Acceptance: The nephew did not explicitly accept his uncle's offer but intended to sell...
2025-01-14
04 min
Legal English Innovation SAS
Promises, Ms. Purrrfect, and Pinot
Vocabulary BreakdownA Different Ball Game: A situation that is completely new or different, requiring a new approach or strategy.Legally Binding: An agreement or promise that is enforceable by law.Hold Up a Bargain: To fulfill one's part of an agreement.To Be Entitled: To have the right to something, often a benefit or privilege.Safe and Sound: Free from harm or danger.Exercise a Right: To put a right or privilege into action; to use it.An Animal Shelter: A...
2025-01-13
05 min
Legal English Innovation SAS
Contractual Certainty: Gibson v Manchester City Council
Imagine a landmark case about council house allocation. The case hinges on a seemingly small word in the housing act, and the judge's decision could have high stakes for many people. One side presents a bombshell piece of evidence. Lawyers use fancy jargon to argue their points, and the judge has to ponder the implications of the quirk in the law. Finally, the judge makes a decision, wrapping up the case and leaving the door open for possible appeals.Vocabulary ListBinding (adj.): Creating a legal obligationBombshell (n.): A...
2025-01-10
03 min
Legal English Innovation SAS
Silence as Acceptance in Contract Law
Legal Concepts & Practices Prior dealings: Past interactions or transactions between parties.A long-standing agreement: An agreement that has been in place for a considerable amount of time.Course of dealings: A pattern of conduct between parties in previous transactions.A precedent: A legal decision or case that serves as an example or authority for deciding similar cases in the future.To hold up: To remain valid or effective, especially under scrutiny or challenge.To be murky: To be unclear, vague, or ambiguous.Unspoken r...
2025-01-09
06 min
Legal English Innovation SAS
Consideration in Contract Law
Vocabulary BuilderTo tackle: To confront or deal with a challenge or problem. (e.g., "The lawyers decided to tackle the issue of liability head-on.")Consideration: Something of value exchanged between parties to make a contract binding. (e.g., "The consideration for the lease was the monthly rent payment.")To enter into: To formally become involved in an agreement or contract. (e.g., "The parties entered into a binding arbitration agreement.")To unpack something: To analyze or explain something in detail. (e.g., "The judge carefully unpacked the...
2025-01-07
04 min
Legal English Innovation SAS
Offers in Contract Law
Basic Contract TermsTo tackle: To begin to deal with a difficult task or problem. In a legal context, this could mean taking on a complex case or legal issue.To enter into: To formally agree to something, like a contract or agreement.To be legally bound: To be obligated to do something because of a law or contract.To take to court: To initiate legal proceedings against someone.To throw out of court: When a judge dismisses a case, often due to lack of evidence...
2025-01-06
04 min
Legal English Innovation SAS
Greenmail: Corporate Takeovers and Ethical Concerns
Greenmail is a controversial corporate takeover defense where a company buys back its shares from a hostile bidder at a premium to prevent a takeover. This practice, considered by some to be corporate blackmail, raises ethical concerns because it rewards aggressive behavior, dilutes shareholder value, and protects management. While not illegal, greenmail's legality can be challenged if it unjustly benefits management or harms shareholders. Ultimately, it presents a complex issue regarding fairness and transparency in corporate governance.Need Classes? Legal English i...
2024-12-28
04 min
Legal English Innovation SAS
Flip-Over Poison Pill
This tactic, triggered when an acquirer surpasses a specified ownership threshold, allows existing shareholders (excluding the acquirer) to buy shares in the merged company at a discounted price. A key element is the conversion price, offering a significant reduction compared to the market value. The text uses a hypothetical example involving "Hostile Inc." and "Woke Inc." to illustrate how the strategy could dilute the acquirer's ownership and potentially deter a hostile takeover. The duration of the shareholder's right to purchase shares at the discounted price is also a critical component.Need Classes?
2024-12-27
04 min
Legal English Innovation SAS
Flip-In Poison Pill Strategy
A flip-in poison pill is triggered when an acquirer reaches a predetermined ownership threshold, allowing existing shareholders (excluding the acquirer) to purchase additional shares at a discounted price. This dilutes the acquirer's stake, making the takeover more expensive and less attractive. The explanation uses the example of Woke Inc. facing a hostile takeover by Hostile Inc. to illustrate how a flip-in poison pill functions. Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your c...
2024-12-26
06 min
Legal English Innovation SAS
Types of Poison Pills - M&A in Legal English
Poison pills dilute the acquiring company's ownership stake, making the takeover more expensive and challenging. Two main types are detailed: flip-in pills, which allow existing shareholders to buy discounted shares, and flip-over pills, granting post-merger discounted share purchases. These tactics significantly hinder hostile takeover attempts. The overall goal is to deter unwanted acquisitions by increasing their cost and complexity.Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your clients.
2024-12-24
03 min
Legal English Innovation SAS
Earn-out Agreements in M&A
Vocab List (M&A Focused)To come knocking: For an acquisition target to become available or express interest in being acquired.Example: "When a company with valuable intellectual property comes knocking, you have to consider an acquisition."Hit a target: To achieve a specific M&A objective (e.g., synergy targets, valuation goals).Example: "The acquisition hit the target for cost savings, exceeding initial projections."The whole shabang: Acquiring the entire company, including all assets and liabilities.Example: "Instead of just buying a division, they decided to go for the...
2024-12-17
05 min
Legal English Innovation SAS
Maximizing Shareholder Value: The Revlon Duty
Vocab ListSet a precedent: To establish a decision or action that serves as an example or guide for future situations.Example: "This Delaware case could set a precedent for how similar cases are handled in the future."Ripple effects: The continuing and spreading results of an event or action.Example: "The merger had ripple effects throughout the entire economy."Ring a bell: To sound familiar.Example: "That name rings a bell, but I can't quite place it."Revlon duty: (Legal term) The obligation of a company's board...
2024-12-17
05 min
Legal English Innovation SAS
Largest Merger in History - Anheuser-Busch InBev and SABMiller
Brewing Industry: All the companies that make beer.Anti-trust Laws: Rules to stop big companies from being bullies and keeping other companies out.To Stifle Competition: To stop other companies from doing well.Legal Wrangling: Fighting in court with lawyers.Working in Tandem: Working together as a team.Mind-boggling: Wow! That's crazy! I can't believe it!A Textbook Example: A perfect example of something.Need Classes? Legal English innovation...
2024-12-13
05 min
Legal English Innovation SAS
The Power of Goodwill
Vocab ListTo tackle: To begin or to deal with something in a determined way.A head scratcher: Something confusing or perplexing.Lots of moving parts: A complex situation with many variables or factors that may change.Line items on a balance sheet: Individual entries that list specific financial data on a balance sheet.Secret sauce: The unique element or combination of elements that make something successful.To drive up: To cause something to increase.To bake in: To incorporate something from...
2024-12-11
04 min
Legal English Innovation SAS
AOL Time Warner Case Study
General VocabularyBuck up: To get readyClash of the Titans: A battle between two powerful forcesMade in Heaven: A perfect match or pairingWild West: A lawless or uncontrolled environmentStake a claim: To assert a right to somethingRed flags: Warning signs or signals of dangerNitty-gritty: The essential details or practical aspects of somethingFueled by a bubble: Driven by unsustainable growth or speculationLegal labyrinth: A complex and confusing legal situationSharp...
2024-12-10
03 min
Legal English Innovation SAS
Target vs Acquiring Company in M&A
No time for fluff: Focusing on information that is relevant and significant to the deal.A whole dance: The whole mergers and acquisitions (M&A) process. (The complex series of negotiations, filings, and legal steps involved in a takeover.)Takeover: Acquisition. Game plan: Strategy. Ruthless: Aggressive takeover tactics. Scooping up/Snatching up: Rapidly buying large quantities of stock in the target company.Publicly traded: A company with shares listed on a stock exchange.
2024-12-10
03 min
Legal English Innovation SAS
Why incorporate in Delaware?
Vocabulary ListTo have a ripple (effect): To cause a series of consequences or reactions.To tie back to: To relate to something; to have a connection with a previous topic or idea.To unpack something: To analyze or examine something in detail.Court of Chancery: A court of equity that handles cases involving things like trusts, property disputes, and guardianships.High stakes: A situation with significant potential consequences or risks.Crave stability: To strongly desire a situation that is steady, predictable, and unlikely...
2024-12-04
04 min
Legal English Innovation SAS
Mergers: Horizontal and vertical
A twist: An unexpected change or development in a story or situation.High stakes: A situation with significant potential consequences or risks.A lot to juggle: Having many tasks or responsibilities to manage simultaneously.Play out: To unfold, develop, or happen.Pitfalls: Hidden dangers or difficulties.A "Oh no" moment: A moment of sudden realization of a problem or mistake.Belly up: To fail completely or go bankrupt.Bulletproof:...
2024-12-03
04 min
Legal English Innovation SAS
What is a Corporate Raider?
The case study is to be based on the movie Wall Street, specifically focusing on hostile takeovers and the ethical considerations involved in such transactions. The assignment requires an analysis of the movie's portrayal of these complex legal and moral issues within the context of corporate law. This involves exploring the legal framework surrounding hostile takeovers and examining the ethical dilemmas presented.Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your clients.
2024-11-28
02 min
Legal English Innovation SAS
Hostile Takeovers & The Third Conditional
A hostile takeover is when a company (A) tries to buy another company (B), but company B's board of directors doesn't want to be bought.Today, we'll focus on what could have happened if things went differently in a hostile takeover situation. We'll use the third conditional, a grammar structure that helps us imagine alternative pasts.Formula: If + [Company A] + had + past participle, then [Company B] + would have + past participle.Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to...
2024-11-27
06 min
Legal English Innovation SAS
Exxon Mobile Merger & Third Conditional
Negative Third Conditional for MergersThe third conditional in the negative, like "If the CEO hadn't championed the merger, the board wouldn't have approved it," explores an alternative past. It means the CEO DID champion the merger, and as a direct result, the board DID approve it.Formula:If + had + not + past participle, ... would + not + have + past participle- If the CEO hadn't championed the merger, the board of directors wouldn't have approved it.- If the companies h...
2024-11-26
04 min
Legal English Innovation SAS
Third Conditional & Mergers
Third Conditional for MergersThe third conditional is used to talk about hypothetical situations in the past. It explores what might have happened if something else had been different.Formula:If + past perfect, ... would have + past participle- If the due diligence process had been more thorough, they would have discovered the hidden liabilities.- If the shareholders had voted against the merger, the deal would have collapsed.- If the regulatory approval had been delayed, the merger would have taken longer...
2024-11-25
04 min
Legal English Innovation SAS
Worlds Oldest Trademark & Superlatives
Vocabulary Bank:A nugget of knowledge: (noun phrase) A small but valuable piece of information.To brush up (on): (verb phrase) To quickly review or improve a skill.A cultural shift: (noun phrase) A change in the beliefs, values, and behaviors of a society.To tweak: (verb) To make small adjustments or improvements.An aisle: (noun) A passage between rows of seats, shelves, or displays.Theme: History and longevity of trademarks, exemplified by Stella Artois.Key...
2024-11-22
03 min
Legal English Innovation SAS
Trademarks, Logos & Superlative Adjectives
Legal English Innovation presents a podcast briefing on trademarks and logos for legal professionals. Join our live classes led by native qualified professors and master superlative grammar in legal English. Crucial for describing unique trademarks and legal precedents, superlative adjectives (e.g., biggest, best, first) ensure clarity and precision. Explore the industrial property rights of logos, their protection under trademark law, and the complexities of international trademark considerations.Subject + to be + the + superlative adjective + (optional prepositional phrase)For example:This trademark is the most valuable. Our client's l...
2024-11-21
03 min
Legal English Innovation SAS
Sports Terms in Legal English
We'll kick off by exploring phrases like "kick off" (football), "level playing field" (baseball), "down to the wire" (track) and "having the inside track" (horse racing). Tune in to learn how these sporty sayings pack a punch in the courtroom and boardroom. Let's "step up to the plate" and improve your legal vocabulary!Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your clients.+57 320-315-4781 Follow us on Instagram!
2024-11-20
01 min
Legal English Innovation SAS
Patent Duration
U.S. patents are essentially nonrenewable. Think of them like a countdown timer. Once that timer runs out after 20 years, anyone can use the invention.Glossary of TermsTo kick off: To begin or initiate something, often a project or event. Example: "We're kicking off the new product launch with a marketing campaign."A free-for-all: A situation with no rules or organization, where everyone acts independently, often chaotically. Example: "The brainstorming session quickly descended into a free-for-all."To stifle: To suppress or constrain something, hindering its...
2024-11-19
03 min
Legal English Innovation SAS
Comparative Grammar & Trademarks
We're diving into the fascinating world of trademarks. We'll explore how companies protect their brands and learn how to use comparative adjectives to describe and differentiate products. Let's get started!Comparative Adjective Formula:Short Adjectives: Adjective + -er + thanExample: stronger than, faster thanLong Adjectives: More + Adjective + thanExample: more impressive than, more durable thanIrregular Adjectives: These have unique formsExample: good - better - best, bad - worse - worstNeed Classes? Legal English innovation has several classes weekly, focusing on commercial...
2024-11-19
05 min
Legal English Innovation SAS
Copyright Duration
An explanation of copyright duration, particularly as it relates to the works of well-known figures like Paul McCartney, David Bowie & Ernest Hemingway.Copyright Duration Formulas:General Rule: Life of the Author + 70 yearsWorks Made for Hire: 95 years from publication or 120 years from creation, whichever is shorter Pseudonymous/Anonymous Works: 95 years from publication or 120 years from creation, whichever is shorterNeed Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your clients.+57 320-3...
2024-11-18
02 min
Legal English Innovation SAS
Master of Laws: Which LLM is best for you?
The podcast aims to explain the nature of the LLM, a specialized graduate degree in law, to its listeners.Two paths to an LLM. Which is best for you? Follow us on Instagram!Friends on Facebook? Like us on Linked In?
2024-11-17
04 min
Legal English Innovation SAS
Passive Voice & The Securities and Exchange Act
This episode tackles the passive voice—a grammar concept essential for legal writing. We'll focus on "regulated by" and "overseen by" within the Securities Exchange Act, showing you how to use these constructions accurately.[Subject] + to be + past participle of verb + by + [agent]Examples:"The stock market is regulated by the SEC.""Financial institutions are overseen by various government agencies."Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your cl...
2024-11-16
03 min
Legal English Innovation SAS
President, Rector, or Chancellor ?
The article focuses on the terms “president,” “chancellor,” and “rector,” highlighting their origins, usage, and common associations. The author, Eric Froiland, a legal English instructor based in Colombia, emphasizes that these terms can be confusing, and provides examples of their application in various institutions.https://legalenglishinnovation.com.co/is-it-a-president-rector-or-chancellor-in-legal-english/Follow us on Instagram!Friends on Facebook? Like us on Linked In?
2024-11-14
10 min
Legal English Innovation SAS
Passive Voice & the SEC in Legal English
The excerpt focuses on the history of the Securities and Exchange Commission (SEC), utilizing the passive voice. The excerpt are produced from Legal English Innovation, a school where native English speakers share legal information.Structure: Subject + is/are + past participle (+ by + agent)Examples:"The company is regulated by the SEC.""Financial reports are reviewed carefully.""Investors are protected by securities laws."Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help y...
2024-11-14
05 min
Legal English Innovation SAS
Bilateral Contracts & Shall, Must, Will & May (modal verbs)
A bilateral contract is a legally binding agreement between two or more parties where each party promises to do something in exchange for a promise from the other party. This exchange of promises creates mutual obligations that are enforceable by law, making it a "promise for a promise" scenario. The key elements of a bilateral contract include a clear offer, acceptance, consideration, intention to create legal relations, and the capacity of the parties to enter into the contract.Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to...
2024-11-13
04 min
Legal English Innovation SAS
Unilateral Contract Case Study: Carlill v Carbolic Smoke Ball Co - 1895
An example of a unilateral contract, using the well-known legal case of Carlill v Carbolic Smoke Ball Co. This case is often used in legal studies to illustrate how unilateral contracts are enforceable. A unilateral contract is formed when one party makes a promise in exchange for an action by another party, rather than a promise in return. This specific case examines how a company's advertisement promising a reward for using their product could be legally considered a binding offer, even though there was no explicit agreement between the parties.Need Classes?
2024-11-12
05 min
Legal English Innovation SAS
Unilateral Contracts & Modal Verbs
This episode outlines the concept of unilateral contracts, which are agreements where one party makes a promise in exchange for the other party's action. The text promises to explore the key components of these contracts, providing real-world examples and examining significant legal cases that have shaped our understanding of these agreements. The text also plans to explain the specific legal use of the verbs "shall," "will," "may," and "must."Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to...
2024-11-11
04 min
Legal English Innovation SAS
Conditionals & Labor Law in Practical Application
We'll break down crucial structure into clear, concise insights, focusing on the zero and first conditional – the bedrock of labor law. Zero Conditional: If + subject + present simple, ... subject + present simpleFirst Conditional: If + subject + present simple, ... subject + will + base form of verbNeed Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your clients.+57 320-315-4781 Follow us on Instagram!Friends on Facebook? Like us on Linked In...
2024-11-11
05 min
Legal English Innovation SAS
Daily Practice with Native Speakers
Native Speakers: Immersing yourself in conversations with native speakers exposes you to the nuances of legal language, pronunciation, and even cultural context. Find a language partner, join a conversation group, or listen to authentic legal discussions.Daily Practice: Consistency is key! Even 15 minutes a day can make a huge difference. Read legal articles, write summaries of legal cases, or practice explaining legal concepts aloud.Need Classes? Legal English innovation has several classes weekly, focusing on commercial law and other areas to help you communicate better with your clients.
2024-11-11
03 min