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 …
Author Archives: blogbusinesslaw
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 …
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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 …
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Unethical Lock-Rate Fees at Wells Fargo
Posted by Daniel Szatkowski. According to Chris Bruce in a Bloomberg article dated October 17, 2017, Wells Fargo was found charging costumers fees to lock interest rates on mortgages and other loans made with the bank. The lock rate fees earned by Wells Fargo are up to $98 million in the period of approximately four …
Fighting a Parking Ticket
Posted by Azhanae Evely. I am going to tell you about my first encounter with being inside of a court room. I was given a ticket for “No parking in a handicap zone.” Through this experience, I learned a lot about how to prepare for a court hearing and what it is like being in court. …
Washington State Sick Leave Law
Posted by Wasif Rahman. Voters in Washington, who have taken on a role to guarantee paid sick leave to those working in the state recently, brought the Paid Sick Leave Act into play. The new law calls for employers to give workers an hour of paid sick leave for every 40 hours that they have …
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 …
Continue reading “Accountant Admits Stealing $3 Million from Grain Shipper”
The Ethical Battle of the Music Industry
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 …
Girl Sues Parents for College
Posted by Deena Khalil. There are two sides of every story. According to Kelly Wallace who works for CNN, “It’s a case of she said versus they said.” Rachael Cunnings, a young girl from New Jersey, accused her parents of throwing her out of their house when she turned eighteen. They refused to pay for …