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 …

US vs. Microsoft Dispute Over Emails

Posted by Noah Stanton. On the 16th of October, the Supreme Court has made the decision to proceed on the dispute between government authorities and technology companies like Microsoft, who are being forced to give emails and other digital information “sought in criminal probes but stored outside the U.S.” According to the article, justices intervened …

SCOTUS Permits Texas Voter ID Law Before November Elections

The Supreme Court issued an order denying an application to vacate the Fifth Circuit’s stay of a district court’s final judgment enjoining the enforcement of a Texas voting statute. The statute requires voters to produce identification before they vote. Business law students learn about injunctions (in this case, the court’s power to stop a party from acting) as …

Battle for Control of Consumer Agency Heads to Court

Posted by Johnny A. Guerrero. This article was published by the New York Times on 26 November 2017 and was written by Stacy Cowley.  The article illuminates the tension between a high-ranking government civil service official, Ms. Leandra English, and the President of the United States, Mr. Donald Trump.  To further understand this dilemma, one …

California Labor Statutes May Conflict with Federal Law

Posted by Connor O’Reilly. On October 15th California Governor Jerry Brown signed several employment related bills into effect. These bills have been crafted and designed to change laws regarding the state’s employers. “The newly-enacted laws address a range of topics, including criminal conviction history, salary history and sanctuary immigration policy.” The governor’s first major law …

Stored Communications Act Archives – Blog Business Law – a resource for business law students

Posted by Noah Stanton. On the 16th of October, the Supreme Court has made the decision to proceed on the dispute between government authorities and technology companies like Microsoft, who are being forced to give emails and other digital information “sought in criminal probes but stored outside the U.S.” According to the article, justices intervened …

Punitive Damages Archives – Blog Business Law – a resource for business law students

Posted by Deane Franco. In a recent article posted in the Wall Street Journal, I read about General Motors being charged with punitive damages due to a defective part causing multiple deaths. General motors had been in the process of recalling millions of vehicles, when a defective ignition switch caused 100 or so deaths. The …

IRS Seizing Bank Accounts Appearing as Part of “Structuring” Ahead of Formal Charges

Members of organized crime, drug dealers, and terrorists transact their “business” in cash to hide their tracks. As part of a scheme to launder money (make it look it was earned legitimately), criminals will deposit their ill-earned cash in bank accounts. In response, Congress passed the Bank Secrecy Act, requiring banks to assist the government in catching money …