>Critical Business Procedure - Keep All Email Communications Posted by nick_niesen on October 27th Ryan Hartman Jersey Womens , 2010
Businesses routinely maintain copies of correspondence and memos. Far to often, however, they do not extend this practice to email correspondence. Email correspondence is no different then your normal paperwork. You must keep copies of all of it to protect your business in any litigation.
Currently, only banks and broker-dealers are obliged to retain e-mail and instant messaging documents for three years under U.S. Securities and Exchange Commission rules. Beginning July 2006, all public companies will also be required to do so under the Sarbanes-Oxley Act.
Notwithstanding these laws Matt Dumba Jersey Womens , your custom and practice should be to maintain copies of all email correspondence. Email is considered evidence and courts are hammering businesses that do not maintain email records. Judges are often ruling that the failure to maintain and produce email records means the business in question is hiding key evidence.
In the recent Perelman v. Morgan Stanley litigation, a judge?s ruling on the failure of Morgan Stanley to produce email was key factor in the issuance of a $1.45 billion verdict. Based on the failure to produce email records, Judge Elizabeth Maass issued a pretrial ruling that effectively found Morgan Stanley conspired to defraud Perelman in a 1998 deal. Morgan Stanley is not the only business defendant to have this problem.
In the summer of 2004, UBS bank was found by a judge to have ?willfully destroyed? email evidence in a discrimination case. UBS was ordered to pay costs and a jury returned a $29 million verdict.
Email Policy
To protect your business, you must have a procedure in place to maintain email communications generated through the business. Failure to keep these records can lead to rulings in litigation that your business willfully destroyed evidence. If this occurs Ryan Suter Jersey Womens , the judge may issue significant monetary sanctions, automatically find you liable or take other harsh steps that assure a victory for the Plaintiff. As if such developments are not bad enough, there exists a second risk associated with email communications.
Maintaining email communications, however, can have a downside. The problem arises Luke Kunin Jersey Womens , of course, when a communication contains statements that are damaging to your business. Yes, the proverbial catch-22 situation.
To avoid such disasters, your business must develop a clear policy on email communications and train all employees to comply with that policy. Employees must understand the business environment is not one in which jokes, flippant remarks and so on should be made in email communications.
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Your holidays to Indonesia would give you the opportunity to unwind on the beautiful beaches of Bali. Among the most popular beaches on this Indonesian island is the Kuta Beach, which gives you ample opportunities to relax on its sandy stretch and to try some exciting water sports. Nusa Dua and Sanur are other popular beaches you can explore while holidaying in Indonesia. Besides the charming beaches, you'll also get to visit the majestic Hindu temples during your time spent in the island nation. Hinduism is practised a bit differently in Bali Jason Zucker Jersey Womens , as it incorporates several aspects of different religions. You鈥檒l notice this difference when you explore the temples located on the island.
One of them is the Pura Tahan Lot, which has been built on a rock surrounded by the sea. It is one of the most famous temples located in Bali. A portion of the rock on which the temple has been built was beginning to deteriorate years ago. However, today it has been rebuilt. While enjoying your cheap holidays to Indonesia, you can make a trip to this popular temple and buy some attractive souvenirs that are displayed on the stalls nearby. Another interesting place to visit in the town of Ubud located in Bali is the Sacred Monkey Forest.
It would give you the chance to witness many of the long-tailed macaques that inhabit the forest. The Komodo National Park must not be missed during your holidays to Indonesia, as this is the place where you'll get to see the deadly komodos roaming around in their natural mens[/url] , canoeing, and snorkelling.
Located on the Borneo island in Kalimantan is Tanjung Puting National Park, which houses the largest population of orangutans in the world. It is the best place to watch these endangered species of monkeys in action. You can also witness the orangutans in their natural surroundings while exploring Bukit Lawang. The travellers who are unable to visit the island of Borneo get to this Sumatran tourist village to watch the orangutans. Yet another fantastic attraction worth visiting in Indonesia is the Gunung Rinjani, the country's second-highest volcano.
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