Fin. 5312—100 Corporate Finance Professor Megginson February 17‚ 2013 ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Case 2: Williams‚ 2002 ------------------------------------------------- Introduction In 2001‚ the Tulsa‚ Oklahoma‚ Williams Company was in financial distress. The primarily energy-industry company was struggling with a shrinking energy trading market‚ which was
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unless such agreement is in writing duly signed by the party who agrees not to enter into any such business within such territory.” N.C. Gen. Stat. § 75-4. Over time though‚ North Carolina courts became more open to non-compete provision‚ but the covenant had to satisfy a five-part test to determine if it was enforceable. United Labs.‚ Inc. v. Kuykendall‚ 370 S.E.2d 375‚ 380 (N.C. 1988). It is enforceable if it is (1) in writing; (2) made part of a contract of employment; (3) based on valuable consideration;
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and the Quran. In Judaism‚ Abraham is claimed the father of the Jews. Abraham is above all an admired Patriarch to whom God called out of Ur of the Chaldees‚ which is also known as the “land between two rivers” or Mesopotamia‚ in order to make a covenant with him. Through this agreement‚ God would bless him and give Abraham’s descendants a new land. In Genesis 12‚ it states‚ “I shall make you into a great nation; I shall bless you and make your name so great that it will be used in blessings: those
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Group Dynamics: Ethics in Counseling A Student A School A Class A Professor A Date Abstract A current and very active debate surrounding counseling‚ psychotherapy‚ and the human services professions is the hot topic of ethics in groups. This paper will explore the intriguing world of ethics by looking at how ethics is defined‚ including ethical theories and philosophical concerns. Ethics are designed to enforce the needs‚ and ethical principles of an association
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first blocked goal: the birthright (Genesis 25:26). In Israel‚ the birthright was very important; it determined who would inherit the wealth and honor of the family. For Jacob’s family this was a prestigious honor because Isaac‚ their father had a covenant‚ which was a union between the Lord and man (Genesis 24:2). One day after Esau came in from the field he begs Jacob for some of the stew that he is cooking (Genesis 27:29-34). Although it was not honorable‚ Jacob gave Esau a cup of stew in return
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Working in an overseas environment for the past ten years‚ I have gained experience in the world around us (worldview). We look through lenses to view the world. Everyone has a worldview‚ but do not have the same worldview. A person with a Christian Worldview is described as someone who has committed his or her life to the following and teaching of Jesus Christ. The essentials of a Christian worldview include God‚ Humanity‚ Jesus and Restoration. According to Christianity‚ God is the self-existent
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The Book of Genesis can be described as a story‚ a historical account‚ or just as a written set of answers to questions that may seem unanswerable. Aside from which category this section of The Bible this may fall into‚ it has been one of the most influential texts of all time. For this reason‚ it is pivotal that we examine the text more closely in order to determine certain patterns which may lead to a valid interpretation of a book that has an infinite amount of interpretations. One of the most
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subjects than to act contrary to Hobbes’s description of human nature by being selfless when given absolute power (Hobbes‚ 559). Additionally‚ since this contract is still just a covenant between the sovereign and those he rules‚ there is no inherent value to it that makes its power more compelling than any other covenant made within the state of nature—as both sides are entrusting humans to act contrary to their nature. No sovereign who is as flawed as his subjects are can compel them to disregard
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would elevate WorldCom from the 4th largest player in the market to 2nd. 5. The Merger would amplify revenues by more than 4x‚ which considering the same margins would provide a sufficient interest coverage ratio. 6. The Covenants of the issue are less restrictive then the covenants of the credit facility that it will replace. 1. Corporate yield spreads over Treasuries have increased recently. 2. There are numerous issues in the pipeline for the year. The large supply coming to market is putting
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sons that they were able to keep their covenants‚ so they didn’t have to pull up there weapons of war. As for mom I would worry about my son the whole time but I would know that he in the lord’s hand and would be safe. But I also know that if something had happened to him in war that is was the lord timing and in due time I would be okay with it. Something that was taught to me with reading the chapters is on how it is very important that we keep covenants that we made with the lord and live them
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