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Re:Help the Graphics team track down an interesting WebRende... by WoahNoun on Wednesday February 19, 2020 @02:13PM (#22368928)
All of the examples in there involve the government. What does a "sweetheart deal" between two private companies mean?
Re:Help the Graphics team track down an interesting WebRende... by heavyset_go on Wednesday February 19, 2020 @06:23PM (#22371241)
> A sweetheart deal or sweetheart contract is a contractual agreement, usually worked out in secret, that greatly benefits some of the parties while inappropriately disadvantaging other parties or the public at large.

> A "sweetheart settlement" may also occur in a legal context. For example, in a class-action lawsuit the attorneys representing a class of plaintiffs may reach an agreement with the defendant in which the primary result is a lucrative fee for the attorneys rather than maximum compensation for the class members.

> Noted instances and allegations

> In a 1947 unionization dispute, San Francisco area grocery store owners claimed that other stores who had "given-in" to union demands had signed sweetheart deals with the unions.

> In a 1949 dispute between the rival American Federation of Labor (AFL) and the Congress of Industrial Organizations (CIO) involving unionization of the laundry industry in Indianapolis, Indiana, a lawyer for the 42 laundry and dry-cleaning plants testified before the National Labor Relations Board that an AFL union contract was not a sweetheart deal between the employers and AFL union officials, as alleged by the CIO.