Posted by Patrick Cleaver. Every law is made to help the public, to protect the safety of the driver, and deliver a reliable car. The car industry knows they make mistakes and are responsible for fixing the damages for free when such mistakes occur and cars get recalled. However, does a used owner know that …
Author Archives: blogbusinesslaw
Burglary of Jewelry Store Bungled
Posted by Mihran Naltchayan. On January 16, 2012 around 1:30am, there was a burglary at a jewelry store named “Taline’s Jewelry” in Edgewater, NJ. Burglary is the breaking and entering into a building with the intent to commit a felony therein. The jewelry store was arranged with a front display space, and the store next door …
My Court Experience, by Shaaliyah T. Lyons
Posted by Shaaliyah T. Lyons. Background: On one Saturday night around 11:00pm stopped at a light, I looked up and realized I was being pulled over on Central Ave., in East Orange New Jersey. Already in the far-right lane, I moved over slightly to get out the way of traffic. I turned the car off and …
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Lucent Technologies and the FCPA
Posted by Yuanda Xu. In 2003, Lucent Technologies decided to fire the CEO, COO, Financial Executive and marketing manager in China. Lucent did this because company in China bribed the Chinese officials to get more benefits. As expected, Lucent fired these four people, and paid $2.5 million to settle charges. The company paid a $1 …
Proposed Legislation Demanding More Transparency from the Fed
Both sides of the political isle are pressuring the Fed to be more transparent regarding its monetary policy and cease “cozying up” to the banks it oversees. There are several legislative proposals that some prior Presidents of the Fed consider to be a threat to its independence. If any one of them are passed, it would be …
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My Court Experience, by Shaaliyah T. Lyons
Posted by Shaaliyah T. Lyons. Background: On one Saturday night around 11:00pm stopped at a light, I looked up and realized I was being pulled over on Central Ave., in East Orange New Jersey. Already in the far-right lane, I moved over slightly to get out the way of traffic. I turned the car off and …
Continue reading “My Court Experience, by Shaaliyah T. Lyons”
Sembcorp Marine Finance Director Sentenced to Prison
Posted by Yuanda Xu. On Oct. 30, 2014, Sembcorp Marine’s finance director Wee Sing Guan was sentenced to 39 months in prison for falsifying the accounts of the group’s Jurong Shipyard, Sembcorp’s wholly owned unit. The company lost “hundreds of millions of dollars’ worth of marked-to-market losses that Wee had incurred on foreign exchange and options trades …
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HSBC Offices Raided Over Money Laundering Allegations
Posted by Connie Huang. HSBC is a bank with locations in Europe. Two branches raided on or about February 18, 2015 by Swiss authorities are located in Geneva. They raided the banks, because the banks are accused of money laundering. Money laundering is “a financial transaction scheme that aims to conceal the identity, source, and …
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Burglary of Jewelry Store Bungled
Posted by Mihran Naltchayan. On January 16, 2012 around 1:30am, there was a burglary at a jewelry store named “Taline’s Jewelry” in Edgewater, NJ. Burglary is the breaking and entering into a building with the intent to commit a felony therein. The jewelry store was arranged with a front display space, and the store next door …
High Court Enters Ruling on Headscarf Case
The High Court rendered an opinion in EEOC v. Abercrombie & Fitch Stores, Inc. The bottom line is unless the employer can show it is unduly burdensome to accommodate a religious practice, it must accommodate the person even if it has a mandatory dress code or other neutrally-applied policy. The employer is required to do so …
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