weird terminology in financial legal document

OccultHawk · 11-08-2017, 08:54 PM

https://www.cov.com/~/media/files/co..._pack_pill.pdf

what the hell do y’all make out of this one?

Neapolitan · 11-08-2017, 09:07 PM

They say the more confusing the company jargon, the more dishonest they are.

Triggered Trollheart Warning: Office Space clips

Corporate Jargon - Lying by Obscurity

Trollheart · 11-09-2017, 05:27 AM

I'm not ****ing reading all that. Mind pointing out the part you're worried about?

Psy-Fi · 11-09-2017, 05:45 AM

Obfuscation ad nauseam.

"The first thing we do, let's kill all the lawyers."
- Dick The Butcher

OccultHawk · 11-09-2017, 06:07 AM

Quote:

Originally Posted by Trollheart

I'm not ****ing reading all that. Mind pointing out the part you're worried about?

I think it’s curious. Don’t read it, then.

Quote:

Sotheby’s found that the acquisition of stock by members of a wolf pack could be a threat to the corporation based on a pattern of behavior the court described as “conscious parallelism.” The same analysis may also justify a wolf pack clause in a poison pill.

It seems obvious to me that it’s defending corporate bosses the right to squelch objections raised by their shareholders but the language is nuts.

Wpnfire · 11-09-2017, 07:35 AM

That's specifically written to be read by lawyers, therefore, they can use jargon that only lawyers understand. If they wanted to use plain english, the article would be longer--substantially longer possibly.

My dad is a surgeon, and I can show you articles from JAMA (Journal of the American Medical Association) that are just as obfuscated.

OccultHawk · 11-09-2017, 07:40 AM

It’s not especially hard to understand.

Wpnfire · 11-09-2017, 08:06 AM

I don't understand your point. You still have to "understand it" though. The target audience probably uses that terminology as often as they use the bathroom and can skim that article.

OccultHawk · 11-09-2017, 08:21 AM

The language is more colorful and poetic than I expected.

Trollheart · 11-09-2017, 01:00 PM

Quote:

Originally Posted by OccultHawk

I think it’s curious. Don’t read it, then.

Don't be a dick. You expect us to read the whole thing, then figure out what exactly it is you consider "odd"? **** that.

Quote:

It seems obvious to me that it’s defending corporate bosses the right to squelch objections raised by their shareholders but the language is nuts.

Not obvious to me. What have wolves to do with it?

Quote:

Originally Posted by OccultHawk

It’s not especially hard to understand.

Yes. Yes it is.

11-08-2017, 08:54 PM	#1 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,033	weird terminology in financial legal document https://www.cov.com/~/media/files/co..._pack_pill.pdf what the hell do y’all make out of this one? __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html

11-09-2017, 05:27 AM	#3 (permalink)
Trollheart Born to be mild Join Date: Oct 2008 Location: 404 Not Found Posts: 26,970	I'm not ***ing reading all that. Mind pointing out the part you're worried about? __________________ Trollheart: Signature-free since April 2018*

11-09-2017, 07:35 AM	#6 (permalink)
Wpnfire Dragon Join Date: Jan 2014 Location: Kansas, United States Posts: 2,744	That's specifically written to be read by lawyers, therefore, they can use jargon that only lawyers understand. If they wanted to use plain english, the article would be longer--substantially longer possibly. My dad is a surgeon, and I can show you articles from JAMA (Journal of the American Medical Association) that are just as obfuscated. __________________ Last.FM My RYM Ratings *My Glitchwave Beta Profile*

11-09-2017, 07:40 AM	#7 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,033	It’s not especially hard to understand. __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html

11-09-2017, 08:06 AM	#8 (permalink)
Wpnfire Dragon Join Date: Jan 2014 Location: Kansas, United States Posts: 2,744	I don't understand your point. You still have to "understand it" though. The target audience probably uses that terminology as often as they use the bathroom and can skim that article. __________________ Last.FM My RYM Ratings *My Glitchwave Beta Profile*

11-09-2017, 08:21 AM	#9 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,033	The language is more colorful and poetic than I expected. __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html