Posted by Deena Khalil. On Wednesday, November 6, 2014, there was a court hearing about big-time banks being sued for manipulating a financial benchmark, Libor, by “U.S. municipalities and financial funds who argue they suffered financial damages by receiving lower interest rates on transactions as a result of the suspected manipulation.” Libor is short for …
Author Archives: blogbusinesslaw
Prior Controller of Nonprofit Charged with Embezzlement
Posted by Kimberly McNamara. A former controller of the Hereditary Disease Foundation, a nonprofit group out of New York that encourages and contributes to studies and other research dealing with congenital diseases, has been indicted, this year, for embezzlement of over $1.8 million. The organizations former controller, Karen Alameddine, who was responsible for managing finances from 2005 through …
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Bad “Yelp” Reviews Should be Protected by the First Amendment
Posted by Jen Suarez. To what extent is defamation? From my last blog article, I defined defamation as “malicious and damaging misrepresentation,” where an organization was falsely accused of rape. However, can anyone play to the “defamation card” if they don’t like what other’s have to say? For example, Yelp.com is a website where consumers …
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State Seeks to Introduce Prior Bad Act in Prosecution of Police Officer
A police officer in New Jersey is accused of witness tampering and official misconduct. The State claims the officer tried to contact a state trooper and convince him not to appear in court on DUI charges against his cousin. The prosecutor seeks to introduce as a “prior bad act” an incident where the officer tried to …
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Corruption in Brazil
Posted by Rizzlyn Melo. The practice of corruption in any company hurts every single person involved. This is certainly the case with Petrobras, a Brazilian state-run oil company. The corruption that has been associated within the large company has caused it exponential damages and has tarnished the reputations of both business executives and political figures. In …
Bad “Yelp” Reviews Should be Protected by the First Amendment
Posted by Jen Suarez. To what extent is defamation? From my last blog article, I defined defamation as “malicious and damaging misrepresentation,” where an organization was falsely accused of rape. However, can anyone play to the “defamation card” if they don’t like what other’s have to say? For example, Yelp.com is a website where consumers …
Continue reading “Bad “Yelp” Reviews Should be Protected by the First Amendment”
Embattled Apple and Samsung Settled Some Lawsuits
Posted by Keith Cleary. For almost a half of a decade now, over 40 patent lawsuits have been going on between “the two largest smartphone companies, Apple and Samsung.” (Chowdhry). However, the two companies came to terms on ending all of the patent lawsuits that are outside of the U.S. These countries are all over …
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FDA Archives – Blog Business Law – a resource for business law students
Posted by Victoria Gencarelli. Product liability is a prevailing issue and concern for companies and businesses who are marketing and selling their products. It is a company’s duty to take the liability for manufacturing and selling a product that is defective or damaged. By creating and issuing a defective product to the public, it increases …
Continue reading “FDA Archives – Blog Business Law – a resource for business law students”
Bad “Yelp” Reviews Should be Protected by the First Amendment
Posted by Jen Suarez. To what extent is defamation? From my last blog article, I defined defamation as “malicious and damaging misrepresentation,” where an organization was falsely accused of rape. However, can anyone play to the “defamation card” if they don’t like what other’s have to say? For example, Yelp.com is a website where consumers …
Continue reading “Bad “Yelp” Reviews Should be Protected by the First Amendment”
Libor Lawsuit
Posted by Deena Khalil. On Wednesday, November 6, 2014, there was a court hearing about big-time banks being sued for manipulating a financial benchmark, Libor, by “U.S. municipalities and financial funds who argue they suffered financial damages by receiving lower interest rates on transactions as a result of the suspected manipulation.” Libor is short for …