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Brad Reid
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Brad Reid is Professor of Business Law and Senior Scholar of the Dean Institute for Corporate Governance and Integrity at Lipscomb University. His undergraduate degree is from the University of Oklahoma and his J.D. from the University of Texas. He worked for Exxon and was in the private practice of law prior to joining the faculty of Abilene Christian University where he was a Professor of Business Law for 35 years, receiving teaching, scholarship, and service awards. He has numerous publications and papers in employment law, marketing law, and intellectual property law. He is the founder and first editor of the Southern Law Journal and Atlantic Law Journal. He was a long term contributor to a legal column in the Journal of Marketing and has written extensively for Computing Reviews. The Dean Institute was co-founded by Lipscomb and Nashville law firm Bone McAllester Norton PLLC. Lipscomb’s Dean Institute approaches governance from a faith-based perspective and addresses how character and integrity inform the decisions, actions and culture of corporations.

Blog Entries by Brad Reid

The Difficult Necessity of Unified Intellectual Property Law

(0) Comments | Posted May 20, 2013 | 5:42 PM

Intellectual property, the modern source of wealth, is protected by a jumbled maze of common law, statutes, judicial decisions, and treaties. This allows some desirable protections to be unavailable and others to be subject to overlapping jurisdictions. It will take a concerted effort by the best legal, technical, and political...

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Directors Must Investigate Shareholders' Concerns

(0) Comments | Posted May 13, 2013 | 5:43 PM

Directors have a fiduciary duty to shareholders to act with due care and in good faith. A fiduciary has a high standard of care that requires that informed decisions be made honesty and fairly. Shareholders with concerns about corporate oversight must first demand that the directors act unless a court...

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Commercial Disputes May Be Subject to Tribal Courts

(0) Comments | Posted April 30, 2013 | 10:06 AM

An April 26, 2013, decision of the federal Court of Appeals for the Ninth Circuit, Grand Canyon Skywalk Development, Inc. v. 'Sa' Nyu Wa Inc., begins with the statement: "We must once again address the subject of tribal court jurisdiction over disputes when non-Indians choose to do business...

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A Brief Unjust Enrichment Primer

(0) Comments | Posted April 26, 2013 | 12:27 PM

The Department of Justice recently announced that it was pursuing an /u-s-files-false-claims-complaint-against-lance-ar.." target="_hplink">"unjust enrichment" claim against Lance Armstrong. This is part of a larger web of litigation involving allegations of breach of contract, False Claims Act violations, and fraud, to name some assertions. This comment only provides a brief...

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Purchasers of Businesses Face Successor Liability for Federal Violations

(0) Comments | Posted April 25, 2013 | 5:22 PM

A purchaser of a business may be liable for the predecessor's obligations and violations. One acquires the bad as well as the good. A standard method to avoid successor liability involves purchasing a limited number of assets rather than the entire business. Additionally, the purchaser may attempt to contractually shift...

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The Unclean Hands Doctrine Prevents Foreclosure Challenges

(1) Comments | Posted April 23, 2013 | 2:49 PM

The unclean hands doctrine dates to a time when one might petition the king to order a remedy to right a wrong. The respondent could challenge the granting of the remedy because the petitioner had acted improperly or unfairly, hence "unclean hands." Modern courts have broadly applied the unclean hands...

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The Public Duty Doctrine Prevents Private Lawsuits

(0) Comments | Posted April 15, 2013 | 6:08 PM

The "public duty doctrine" was cited by the District of Columbia Court of Appeals in a March 28, 2013, decision, Woods v. District of Columbia, in dismissing a negligence lawsuit against the District based upon the actions of a District ambulance crew responding to a 911 call. The...

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City Commission's Prayer Policy Upheld

(2) Comments | Posted March 28, 2013 | 7:19 PM

The U.S. Court of of Appeals for the Eleventh Circuit on March 26, 2013, upheld the Lakeland City Commission's (Florida) pre-meeting prayer policy as not violating the Establishment Clause of the First Amendment or provisions in the Florida Constitution. The case, Atheists of Florida v. City of Lakeland,...

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Pride and Greed: For What Purpose?

(0) Comments | Posted March 28, 2013 | 4:11 PM

Swiss voters on March 3 overwhelmingly approved an /swiss-referendum-executive-pay.html?" target="_hplink">initiative that requires the Swiss legislature to create legislation allowing shareholders of publicly traded Swiss companies to hold binding votes on executive compensation, prohibiting certain bonuses and requiring increased corporate transparency. Other nations have similar legislation; however, in the U.S....

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Is Media Usage Building or Destroying Relationships?

(1) Comments | Posted March 28, 2013 | 11:21 AM

It is trite to say that society and our world are at a communications crossroad. The fact that you are reading this post is proof of the rapid change that we have experienced. Even the U.S. Supreme Court has recently referenced the newness of the Internet. A perhaps...

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The Confusing Conundrum of Contempt of Court

(0) Comments | Posted February 21, 2013 | 11:35 AM

The courtroom is a location where citizens directly interact with the authority of government, represented by the judge. As illustrated by the recent Florida incident, judges have considerable but somewhat vague authority to maintain order, respect, and dignity for the judicial process. This broad inherent power dates from...

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Communication Technology Terminology Appearing in State Court Decisions

(0) Comments | Posted February 7, 2013 | 1:28 PM

One way to judge the relative social significance of new technology is to determine how frequently it is referenced in litigation. A LexisNexis search on February 6, 2013, of terms appearing in the database for "All States Highest Courts" for all available dates yielded these results. The categories of decisions...

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Expect Your Conversations to Appear in Court

(0) Comments | Posted January 30, 2013 | 1:40 PM

As more methods of communication are created, we must expect that we are constantly speaking and writing for a public record. This is certainly a lesson from the recent book authored by Jeff Coen and John Chase, Golden: How Rod Blagojevich Talked Himself Out of the Governor's Office and Into...

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The Difficult Issue of Attractiveness Discrimination

(0) Comments | Posted January 10, 2013 | 10:11 AM

Employment-at-will is an established part of U.S. law. In essence since the employee is free to quit at any time for no reason, the employer is free to fire for no reason. Exceptions to employment-at-will are typically created by legislation, employment contract, and the judiciary's view of public policy. A...

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Arbitration Required by the Word "All"

(0) Comments | Posted January 1, 2013 | 10:56 AM

Advocates of mandatory arbitration clauses in contracts assert that arbitration speeds dispute resolution, is less costly than litigation, provides privacy, and preserves relationships by being less adversarial. Critics state that mandatory arbitration creates private justice, conceals information that the public should know, undermines the impact of community standards that a...

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Marketing Materials May Not Be Legally Binding

(0) Comments | Posted December 18, 2012 | 4:33 PM

The discussions preceding a written agreement frequently contain numerous promises concerning future actions. These may be in the form of oral statements or marketing materials. However, within the signed written agreement may well be a paragraph that begins something like this example: "The terms of this contract.. constitute the entire...

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The 'Advice of Counsel' Defense

(1) Comments | Posted December 6, 2012 | 12:22 PM

"I asked my attorney who said it was lawful to proceed."

In our complex regulatory environment, this inquiry is an understandable action. Individuals who rely on the advice of counsel may be able to demonstrate good faith in their actions, and consequently negate the intent to deceive required to...

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Half Empty or Half Full?

(1) Comments | Posted November 14, 2012 | 3:21 PM

Sylvia Nasar's recent book, "Grand Pursuit: The Story of Economic Genius," frames Charles Dickens "A Christmas Carol" (citing James Henderson) as an attack on Thomas Malthus's unsettling predictions in his "Essay on the Principle of Population." Even today one might divide the economic, social and political world into those who...

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A Brief List of Persuasion and Advertising Techniques

(0) Comments | Posted October 25, 2012 | 11:58 AM

From pizza to politics, the following is an incomplete list made by an amateur of observed persuasion and advertising techniques. Examples abound so readers may supply their own. In no particular order:

1. Emotionally hot beats logically cold.

2. Brief beats lengthy.

3. Visual beats words.

4. Appeal to the...

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Observations Concerning Distinguishing Facts, Opinions, Lies, and Distortions

(0) Comments | Posted October 10, 2012 | 1:40 PM

In this comment my definition of "fact" is something that has actual existence or is part of objective reality. "Opinion" is a personal view or judgment. "Lie" is a knowingly untrue assertion made with the intent to deceive. "Distortion" is a deceptive twisting of fact.

It seems...

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