Posted by Melissa Nomani. Farmers across the United States are filing suits against Syngenta. As stated in the article, “The lawsuits allege the biotechnology company’s genetically modified Agrisure Viptera and Duracade seeds contaminated US corn shipments, making them unacceptable for export to China.” China does not allow the importation of GMO products that it has …
Author Archives: blogbusinesslaw
SCOTUS Declined to Hear Dispute Over Debit Card Fees
The United States Supreme Court has denied certiorari leaving in place a ruling by the D.C. Circuit that a fee cap set by the Federal Reserve Bank at $.24 per transaction. Each time a customer swipes his or her debit card, a retailer is charged the fee. Retailers complained when the Fed appeared to be …
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Batmobile Protected by Copyright
The Ninth Circuit affirmed a ruling against Gotham Garage, a maker of replica automobiles from movies and television shows. Gotham Garage sells a “Batmobile,” which looks like the original. DC Comics claims it owns a copyright in the Batmobile and the design is protected intellectual property. The Ninth Circuit ruled the Batmobile’s appearance and other distinct attributes make …
Examine Cyber Monday Deals Closely and Shop Safely
Posted by France Jennica Osmann. As the holidays are approaching, Cyber Monday is the main day of the year where families are out for great deals for Christmas shopping online. A recent article in the San Jose Mercury News stated: Cyber Monday is not the only day to find good deals online during the holiday season. If …
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Tax Avoidance, Tax Fraud, and Tax Evasion
Posted by Issam Abualnadi. Tax is a sum of money levied on incomes, property, sales, etc., by a government for its support or for specific services. (The American Heritage Dictionary). According to the IRS website, the origin of the income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress …
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Second Circuit Archives – 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 …
Only Congress Has the Power to Declare War
Under Article I, Section 8 of the United States Constitution, the Congress has the power to “declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water[.]” The Founders wisely thought that the Legislature is in a better position than the President to carry out the will of the …
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NY Fed Whistleblower Could Prompt Congressional Investigation
The Federal Reserve Bank of New York has come under fire recently with the release of secret tapes supposedly of regulators planning to “go soft” on Goldman Sachs. Carmen Segarra, a former employee who was assigned to Goldman, claims in a lawsuit that she was under pressure by her superiors to overlook certain findings she made concerning the …
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Samsung Appeals to Supreme Court Over Feud With Apple Dealing With Design Patents
Posted by Katie Kim. In the technology industry, two leading companies may be heading to the Supreme Court over the design of smartphones. There is no confirmation of whether or not the case will be accepted, but the Supreme Court has not taken a design patent in over a century. A few weeks ago, Samsung …
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New Mexico Secretary of State, Dianna Duran, Pleads Guilty to Fraud
Posted by Daphine Llosa. A recent legal issue involves money laundering, embezzlement and fraud. Money laundering is a form of obtaining money illegally, usually by using transfers between banks and businesses. Embezzlement is theft or misappropriation of funds. Fraud is a wrongful deception for the purpose of attaining financial or personal gain. On Friday, October …
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