Karl Heideck Experience in Commercial Litigation

     Litigation is a huge legal field. Moreover, depending on the kind of the firm, the job description of a litigator can vary widely. However, in general, litigation is the process of representing plaintiffs and defendants in civil cases. The Litigator is therefore, in charge of managing all phases of the litigation process.

     Becoming a litigator, there are several levels of education through which one is supposed to go through. First, the particular individual interested in being a litigator should earn a four-year bachelor’s degree from an accredited institution. A courses in English, History, Political Science, and Calculus or any other form of Mathematics is an added advantage. After attaining the degree, enroll in a Law school accredited by the Bar. In this school, for individuals aspiring to become commercial litigators, courses in criminal law, the law of torts, contracts, Lawsuits, corporations, evidence among many others are paramount.

     Additionally, the individual should participate in events that give them a real life experience to the practice of litigation. They should be involved in mock trials, moot court competitions and live-client law clinics which enable the individual to have hands on experience. After getting adequate exposure, an aspiring litigator may not practice law before being licensed. Getting a practicing license ensures that the lawyer has attained the required standards before representing a client in a real life situation. Finally, after getting licensed, an individual is now qualified and can seek employment in any firm.

     The process of litigation also varies depending on the type of civil case. The comprehensive process, however, starts with the writing of summons and statement claims, then making a formal appearance in court, declaration of the defense, counterclaim, defense to counterclaim, third party claim, and discovery of documents. A trial date is set followed by a pretrial conference. The trial comes followed by judgment, execution of judgment and finally the settlement.

     Karl Heideck is a Philadelphia-based litigator. He has majored in compliance and risk management cases. Karl Heideck began his career as an associate in Conrad O’Brien Law Firm. Heideck represented corporate and individual clients. Later, after eight months, he moved to Pepper Hamilton LLP as a Project Attorney. Three years later, Karl Heideck became a contract attorney at Grant & Eisenhofer, PA.

For more, see https://www.lawdeeda.com/profile/pennsylvania/philadelphia/19102/karl-heideck.

How Bruce Bent II Changed Finances

A money market fund is an open-ended mutual fund that uses both US Treasury Bills and commercial papers as avenues for investments for people’s money. These are considered to be safe ways to invest one’s money with a moderate return on the investment. These were regulated in the Investment Act Act of 1940. These investments are the way that the government provides liquid cash to financial intermediaries. These investments seek to limit the investor’s losses due to credit, market, and liquidity risks that exist in some other investments that people can make. Money markets are great for investors who are looking to have a medium-term commitment to their investment and want a moderate return on their money.

Bruce Bent II is an American businessman who is quite knowledgeable in money market funds. These money market funds were recognized by the American Museum of Financial History for the impacts he has had on financial history. To date, about $3 trillion in US bonds have been sold thus far over the last 40+ years.

Bruce Bent II is the Vice Chairman and President of Double Rock Corporation which is one of the leading financial companies around today. The Double Rock Corporation seeks to provide the most innovative cash management and cash-related solutions to the broker-dealer, banker, qualified plan, and markets. Mr. Bent II has gotten several patents put into his name as well. Mr. Bent II has helped pioneer the cash movement and also innovate the way people save money for retirement. He has come up with products that have changed the financial industry through his innovative, revolutionary thinking as well.

Mr. Bent II also spends time giving back to help the next generation as well. Mr. Bent works with the Young Presidents’ Organization which helps about 10,000 young entrepreneurs have a proper mentorship program to help them develop into candidates who can lead businesses worldwide. Bent also served as the former Chairman of the chapter of the Young Presidents’ Organization’s Gotham chapter where he lives in Manhattan.

For more information follow Bruce Bent II on Twitter.

NuoDB – A Cloud Database – Explained

NuoDB is a webscale distributed database management system (DBMS) offering standard SQL capabilities for applications that need to operate in a cloud model. Developed and marketed by NuoDB Inc., NuoDB is best described as a NewSQL database similar to traditional SQL databases but with additional features to support scale-out processing in cloud computing environments.

Unlike other databases that are built upon a synchronous, client-server architecture, NuoDB uses a tiered approach comprising of three layers; the management, SQL and data layers. This layered approach helps scale the data effortlessly on the cloud.

The management layer has an agent that runs all NuoDB processes. The agent starts or stops NuoDB cloud database processes and gathers statistics from the transaction and storage engines. Some agents are configured to be brokers (a broker communicates with the client then introduces the client to the transaction engine). Additionally, the management layer provides a web-based management tool and command line loader for managing the databases and importing/exporting data respectively.

The SQL layer is comprised of transaction engines that parse, compile, optimize and execute the SQL statements in support of the clients. Lastly, the data layer is comprised of storage managers that offer persistence of the data.

Uses of NuoDB

The database is best used for cloud-based mobile apps which need to scale out according to demand. It is also very suitable for SaaS solutions as it does not need sharding, replication or other kinds of performance work.

NuoDB can also be used for web-scale applications and multi-tenant solutions.