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" ... First, a quick summary of the facts. Johnson Controls, aka JCI, has been pruning its operations in recent years to get ready for a “shenanigan” like this, to use an appropriate Irish-English term. JCI is keeping its building products lines, such as heating and air conditioning technology, as its primary business, while spinning off its automotive parts units. ... "
" ... In 2012, many employers and a whole crop of regulators are onto this scheme. Nowadays, bulk changes to your clients' account information is likely to set off a software detection program on your firm's database. Further, with all the digital data back-ups, it's not all that difficult to reconstitute the data from a prior, saved iteration. Worse, if your former employer seeks a temporary restraining order in court against you, this type of shenanigan is exactly the nonsense that often disposes a judge to slap all sorts of restraints upon you and it doesn't play all that well with arbitration panels. ... "
" ... State laws can vary when it comes to what is considered jointly owned property and what qualifies as property owned by only one spouse, however. And of course, trying to shift assets into the non-debtor spouse's name in order to shield them from bankruptcy is a shenanigan the law doesn't look on too favorably. ... "
" ... Treasury announced today a set of regulations about corporate inversions. Alas, the media has quickly reported that these will not stop Pfizer. Technically, Pfizer will be acquired by the smaller company, Allergan, so Pfizer can then say it has “moved” to Ireland, a tax haven. By this sleazy shenanigan, Pfizer will save itself something like a billion dollars a year. ... "