Business law students study the corporate entity and learn from the beginning that since corporations are legal persons they can be charged with crimes. Corporations cannot be imprisoned, because they have no physical body, but they certainly can face monetary penalties. Such was the recent fate of Credit Suisse. Credit Suisse pled guilty to one …
Continue reading “May 2014 – Blog Business Law – a resource for business law students”
Posted by Katie Kim. On Thursday, Martin Shkreli, a 32 year-old pharmaceutical executive, was arrested by the federal authorities on securities and wire-fraud charges stemming from an alleged Ponzi scheme he ran as a hedge-fund manager. What the young executive was doing was taking out loans from investors to start a new pharmaceutical company and using …
Continue reading “December 2015 – Blog Business Law – a resource for business law students”
The rivalry between Alphabet Inc.’s Waymo and Uber has intensified as Google’s parent sued Uber on grounds of patent infringement and trade secret misappropriation in February. Anthony Levandowski, a former employee of Google, has allegedly stolen 14,000 files worth of trade secrets to create his own self-driving truck company, Otto, acquired by Uber last year. …
Continue reading “May 2017 – 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 …
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Posted by Devaki Sidhaye. Recently department of Justice announced largest ever health care fraud enforcement action by the Medicare Fraud Strike Force, involving 412 individuals, including 115 doctors, nurses and other licensed medical professionals. Their involvement in health care fraud scams totaling approximately $1.3 billion in false billings. As per the department, many of the …
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Posted by Ola Mohammed Alghasham. The world encounters cases where frauds are committed by white collar criminals. Executives whom fight against fraud are beneficial for the company. Although the board and management make strong efforts in composing fraud preventing policies, there are several behavioral, environmental, and fraud assessment elements which are ignored during the composition …
Continue reading “September 2016 – Blog Business Law – a resource for business law students”
The Second Circuit upheld Tom Brady’s suspension for the first four games of the new season and overturned the district court’s ruling. The court ruled the arbitrator’s award was valid and should not be disturbed. Judge Parker, writing for the majority, stated, “Our role is not to determine for ourselves whether Brady participated in a …
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Posted by Orintia Daniels. Bankrupt: “(of a person or organization) declared in law unable to pay outstanding debts.” According to dictionary.com, this adjective simply means that a particular person or organization is in debt and owes money to another organization or person. I have came across an article called “How do I declare Bankruptcy?” which explains …
Continue reading “June 2015 – Blog Business Law – a resource for business law students”
Posted by Katie Kim. On Thursday, Martin Shkreli, a 32 year-old pharmaceutical executive, was arrested by the federal authorities on securities and wire-fraud charges stemming from an alleged Ponzi scheme he ran as a hedge-fund manager. What the young executive was doing was taking out loans from investors to start a new pharmaceutical company and using …
Continue reading “2015 – Blog Business Law – a resource for business law students”
In class, we discuss trademark and trade dress. Ever open a can of Play-Doh and smell that distinct scent? Well, now Hasbro has trademarked that scent. “‘The scent of Play-Doh compound has always been synonymous with childhood and fun,’” said Jonathan Berkowitz, a senior vice president of global marketing for the Play-Doh brand. “‘By officially …
