[Author’s Name]
[Institution’s Name]
Essay on Ethical Aspects of Merger
Merger is the combining of two or more companies into a single corporation. In business, a merger is achieved when a company purchases the property of other firms, thus absorbing them into one corporate structure that retains its original identity. This differs from a consolidation, in which several concerns are dissolved in order to form a completely new company. In a merger the purchaser may make an outright payment in cash or in company stock, or may decide on some other arrangement such as the exchange of bonds. The purchaser then acquires the assets and liabilities of the other firms.
Mergers are often accomplished to revive failing businesses, to reduce competition, or to diversify production. In the U.S., however, fairly stringent antitrust laws are enforced to be sure that mergers do not result in monopolies
A problem arises during the merger of legal services programs that lacks a standardized solution or national policy. This is the ethical problem raised by conflicts (Timothy, 1999). What should occur when two or more legal services programs merge, and they are representing or have represented two individuals on opposite sides of a legal dispute? Since I am most acquainted with this problem in terms computer software, I will look at it from a technical aspect. I don’t propose any solutions here, but point out the potential ethical violations.
The problem can arise in two ways. The first and most obvious is when two different legal services programs are representing opposing parties in the same dispute, such as a divorce. This can occur in many instances, such as when one program used to have legal services program in a prison.
The second and more difficult conflict to spot is when one program represents an individual in a particular type of problem, such as a divorce.........
