Posted by Ana Abraham. In recent news, Elon Musk takes over Twitter. After spending months attempting to close a “blockbuster” purchase, at 44 billion dollars the deal was finally closed. Officially naming Elon Musk the new owner of Twitter, one of the most influential platforms to exist. “Musk’s Takeover” was finalized Thursday night, October 27th, …
Author Archives: blogbusinesslaw
Twitter Employees File Lawsuit Claiming Mass Layoffs Violate Federal Law Requiring Notice
Posted by Vincent Nappi. Last week Elon Musk completed his $44 billion takeover of Twitter. Since he made his intention known more than a year ago to purchase the social media site there has been controversy surrounding it. Musk has promised to make the social media platform the town square of websites that will not …
Is Legalization Actually Legal?
Posted by Natalia Silverlieb. For this blog post I chose to write about an article that I found on Fox Business. The title for the article reads, “Lawsuit filed against California weed companies for not getting consumers high enough.” This article was published a couple weeks ago at the end of October, highlighting the law …
Moderna v. Pfizer: What the Patent Infringement Suit Means for Biotech
Posted by Amanda Marzigliano. The well known Covid vaccine company Moderna sued one of its largest competitors, Pfizer, for patent infringement. Patent infringement is best defined as a “Violation of a patent owners rights with respect to some invention. Unless permitted by the patent owner, one commits patent infringement by making, using, offering to sell, …
Continue reading “Moderna v. Pfizer: What the Patent Infringement Suit Means for Biotech”
Musk Must Complete Twitter Deal by Oct. 28 to Avoid Trial
Posted by Kieran Durkin. A Delaware Chancery Court judge ruled Thursday that Elon Musk has until Oct. 28 to close his acquisition of Twitter if he wants to avoid a trial, granting Musk a slight delay. He asked Twitter to end all litigation to close the deal, but they did not agree. He wanted them …
Continue reading “Musk Must Complete Twitter Deal by Oct. 28 to Avoid Trial”
Summary and Response to CVS and Walgreens Settling Opioid Lawsuits
Posted by Mario Stampone. The business law article that I have chosen to summarize and respond to is from The Wall Street Journal and is titled “CVS, Walgreens to Pay More Than $10 Billion to Settle Opioid Lawsuits.” The article explains that CVS Health Corporation and Walgreens Boots Alliance Inc. agreed to pay over $10 …
Continue reading “Summary and Response to CVS and Walgreens Settling Opioid Lawsuits”
CVS, Walmart, and Walgreens Settle on a Billion-dollar Settlement Over America’s Opioid Crisis
Posted by Natalie Hamblin. America has been faced with an opioid crisis, leading to death, addictions, and overdoses. Three major retailers; CVS, Walgreens, and Walmart have all concluded on a settlement rounding out to $13.8 billion regarding their involvement with the opioid crisis. The three retailers have been dealing with lawsuits from state and local …
Danske Bank Fined For Money Laundering
Posted by Ben Hutz. One of Denmark’s Largest banks, Danske Bank, is under investigation for money laundering. The US and Danish authorities started their investigation in 2018 and it has been dragged on for years as they are trying to reach a settlement by the end of this year, 2022 . The reason behind this …
Lost Your Car Key? Don’t Worry, All You Need is a Screwdriver and a USB cable.
Posted by Jiaqi Liu. In recent years, the popular social media app, Tik Tok, has gained a strong foothold in the digital sphere. From cute puppy videos doing tricks, to pranks and trendy dance challenges, Tik Tok has become a platform where one can learn about almost anything and everything, including how to steal a …
Continue reading “Lost Your Car Key? Don’t Worry, All You Need is a Screwdriver and a USB cable.”
LinkedIn Lawsuit
Posted by Kevin Donovan. In recent legal news, LinkedIn scored a long-awaited victory when the United States District Court for the Northern District of California ruled that website user agreements that forbid data scraping are enforceable in a breach of contract claim.In 2017, hiQ Labs, a data analytics company, was issued a cease-and-desist order from …
