Posted by Patrick Osadebe. On September 17, 2014, a federal judge sentenced Timothy Cromer, a former Detroit public library official, to 10 years in prison for bribery and conspiracy to commit bribery. He was charged for accepting more than $1.4 million in bribes from contractors of the library. Timothy Cromer, 46, was the chief administrative and …
Continue reading “September 2014 – Blog Business Law – a resource for business law students”
Posted by Gen Nagai A law passed on 2015 that eggs sold in California have to come from hen that have enough room for them to stretch in their cages. This may also be known as “free-ranged eggs”. The purpose of this is to not only let the hen live a better life but studies …
Continue reading “California Law on Eggs Hurting the Economy?”
Posted by Michelle Belvin. Microsoft Corp. v. United States is a ruling by the United States Court of Appeals for the Second Circuit that a warrant issued under the Stored Communications Act (SCA) cannot compel American companies to produce information stored in servers outside the United States. The warrant issued directed Microsoft to seize and produce the contents of an e‐mail account, …
Continue reading “April 2017 – Blog Business Law – a resource for business law students”
Posted by Brendan Finnegan. Research into driverless cars has boomed over the past few years, which has naturally brought about competition in the market. Two of the major players in this emerging market are Uber and Alphabet, the parent company of Google. Waymo is a subsidiary of Alphabet that works on building technology that will …
Continue reading “March 2017 – Blog Business Law – a resource for business law students”
Posted by Mike Bocchino. Tom Brady has been accused of knowing about his team deflating footballs in the 2015 AFC championship game against the Indianapolis Colts. The footballs’ air pressure had been significantly reduced to a point where other players could tell the difference. The NFL commissioner, Roger Goodell, investigated and suspended Brady for knowing about …
Continue reading “May 2016 – Blog Business Law – a resource for business law students”
Los Angeles will pay 24 million dollars to two men who spent decades in prison for crimes they did not commit. In one case, lawyers and a team of students from Loyola Law School challenged a key witness’s testimony. In 1979, Kash Delano Register was charged with the armed robbery and murder of Jack Sasson, 78, after eyewitness …
Continue reading “January 2016 – Blog Business Law – a resource for business law students”
Posted by Kimberly Culcay. In the article, “What the PCAOB’s new related-party standard means for auditors,” Maria L. Murphy captures the new standard put in place by the Public Company Accounting Oversight Board (PCAOB). The new standard will require auditors to perform specific procedures that are intended to strengthen auditor performance in high-risk areas, such …
Continue reading “October 2015 – Blog Business Law – a resource for business law students”
Healthcare providers, small business, and individuals have filed antitrust lawsuits against Blue Cross and Blue Shield. They allege the 37 independently-owned companies that make up the Blue Cross Blue Shield Association are colluding to avoid competition, raise prices on premiums, and clamp down on payments to providers. Plaintiffs are seeking class action status. Blue Cross …
Continue reading “May 2015 – Blog Business Law – a resource for business law students”
Posted by Connie Huang. HSBC is a bank with locations in Europe. Two branches raided on or about February 18, 2015 by Swiss authorities are located in Geneva. They raided the banks, because the banks are accused of money laundering. Money laundering is “a financial transaction scheme that aims to conceal the identity, source, and …
Continue reading “March 2015 – Blog Business Law – a resource for business law students”
The United States Supreme Court has denied certiorari leaving in place a ruling by the D.C. Circuit that a fee cap set by the Federal Reserve Bank at $.24 per transaction. Each time a customer swipes his or her debit card, a retailer is charged the fee. Retailers complained when the Fed appeared to be …
Continue reading “January 2015 – Blog Business Law – a resource for business law students”
