Supreme Court Archives – 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 …

Wall Street Journal Archives – Blog Business Law – a resource for business law students

Posted by Matthew Rachek. One of the biggest issues that industries of all kinds deal with constantly is being able to filter out counterfeits from their marketplace. Counterfeits and other forms of knock-offs are not good for the market because they drive profits away from those that deserve the reward and often times fund criminal …

Baby Powder Archives – Blog Business Law – a resource for business law students

Posted by Nicholas Lillig. On October 20th, a judge tossed out a $417 million jury award to a woman who claimed that she developed ovarian cancer by using Johnson & Johnson talcum-based powder for feminine hygiene. The lawsuit is continuing even after the woman, Eva Echeverria, has died. Her attorney released a statement saying, “We …

General Motors and Punitive Damages

Posted by Kristen Czerepusko. Recently, General Motors has been facing some lawsuits stemming from defective ignition switches in millions of their vehicles. This defect has led to over 100 deaths and 200 injuries. General Motors has decided to block those who are suing for personal injury and those making punitive damage claims. The defective car …

European Union Archives – Blog Business Law – a resource for business law students

Posted by Cody Wimmer. Recently AstraZeneca made a statement warning Britain that pharmaceutical companies may be moving out and away from Britain due to their low-funding and exit of the European Union. In Britain, funding for clinical drugs goes through the National Institute for Health and Care Excellence (Nice), “which is based on how cost-effective …

General Motors May Face Punitive Damages Over Ignition Switches “Ignition (Remix)”

Posted by Sheyenne Hurt-Lewis. General Motors created millions of vehicles with defective ignition switches. This defect is linked to more than 100 deaths and 200 reported injuries. Many lawsuits have arisen from these defective switches which makes General Motors likely to face a large sum of punitive damages which, “could amount to millions, if not billions of …

The Interpretation Of “Harm” In New Jersey Product Liability Should Be Revisited

Posted by Nicholas Rizzi. Product liability cases are far from straight forward; recently the Sinclair v. Merck & Co., Inc., 195 N.J. 51 (2008) celebrated its ten year anniversary.  Within this complex case, the court misinterpreted the product liability statute, in which it “decided that economic losses were barred by the act and, furthermore, ipse dixit that …

Accountant Admits Stealing $3 Million from Grain Shipper

Posted by Emanuel Sanfilippo. On Monday the 28th, Diane Backis, a corporate accountant in New York, admitted to stealing at least $3.1 million from Cargill Inc., an agricultural business giant. In doing so, Backis caused $25 million in losses to Cargill’s grain shipping operations at the Port of Albany according to the Associated Press. Diane Backis …