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Category: Business and Industry
Date Submitted: 05/07/2012 06:23 PM
CorporateCompliancePlan
Stephanie Sparks
Law/531
April 22,2011
Professor Rich D’Ambrosio
Corporate Compliance Plan
Riordan Manufacturing is owned by Riordan Industries based in strategic locations throughout the United States and China with expansion and recent acquisitions. In the meantime, Riordan Manufacturing has proposed in moving their China operation from Hang Zhou province to Shanghai within the next five years. In this paper, liability, tangible and intellectual property will be discussed. Government requirements, and the rules that must be followed by Riordan will also be discussed along with rules employees should follow.
Alternative Dispute Resolution.
Riordan Manufacturing has an obligation to settle claims from the local nationals of terminating their employment with breach of contract and needs to settle without going to court. The alternative method is an Alternative Dispute Resolution to appease the local nationals. The negotiation strategy for Riordan Manufacturing demonstrates two parties who form a mutual agreement through collaboration. The relocation to Shanghai, China will clearly cause some conflicts with the outgoing workers and welcoming to the incoming employees of Shanghai (University of Phoenix). Those employees who cannot make the transfer will become disgruntled employees and cause strife and uneasiness before the manufacturing plant closes. The international law firm of Litteral & Finkel should work closely with Lowell Bradford, the chief legal counsel of Riordan in maintaining discipline and acting accordingly to those who invite vandalism and retaliation acts.
Enterprise liability
Enterprise liability with Riordan Manufacturing with their local vendors and suppliers can disrupt future operations and plans with their decision to move and close down production. Riordan abrupt decision to cease operation will affect their contractual obligation with several vendors and...