Posted by Mike Bocchino. Tom Brady has been accused of knowing about his team deflating footballs in the 2015 AFC championship game against the Indianapolis Colts. The footballs’ air pressure had been significantly reduced to a point where other players could tell the difference. The NFL commissioner, Roger Goodell, investigated and suspended Brady for knowing about …
Author Archives: blogbusinesslaw
The Chipotle Crisis
Posted by Joseph Papandrea. Chipotle is a company that has had a rough year due to people getting sick from eating at the popular fast-food chain. Steve Ells and Monty Moran, two executives who share the job as CEO, were affected when people started getting sick. Just before that outbreak, the company’s stock reached an all-time high. …
FTC vs. Wyndham Worldwide Corp.
Posted by Michael Larkin. When one checks into a hotel, one would expect to have their information stored in a company’s database, but one would not expect that database to get compromised. Wyndham Worldwide Corporation was using a property management system that stored customer’s names, addresses, and credit card number. On three separate occasions in …
IP Archives – Blog Business Law – a resource for business law students
Posted by Nadia Haddad. Throughout the article, “Intellectual Property,” the author Darren Dahl talks about four different common fallacies that small business is unaware. The two most precious resources for any small business owner are time and money. Small business owners believe that it is not worth the time or effort to secure intellectual property …
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Apple Ordered to Unlock Terrorist’s iPhone
A district court judge has ordered Apple to unlock a cell phone used by one of the shooters in the California massacre. Apple is fighting the order, claiming that doing so could make it easier to for anyone to hack into phones. Apple has secret keys that can open up the software that it will …
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Toshiba’s Accounting Scandal
Posted by Bridget Uribe. During the summer of 2015, one of the world’s most known Japanese companies broke headlines as a top accounting scandal. Investigators found the company was overstating operating profits by at least 151.8 billion yen ($1.2 billion in U.S. dollars) between the years of 2008 and 2014. Their accounting problems primarily began …
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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Farmers Suing Syngenta
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 …
Bill Bans Imports of Slave-Produced Goods
The President signed into law a bill passed by Congress banning U.S. imports of “fish caught by slaves in Southeast Asia, gold mined by children in Africa, and garments sewn by abused women in Bangladesh.” The law closes a loophole in an 85-year-old tariff law which allowed these products to be sold. Due to high demand …
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Uber’s New Drivers Agreement Could Undermine Judge’s Ruling In Class Action Lawsuit
Posted by Stephen D’Angelo. Friday morning, two days after the judge presiding the Uber class action lawsuit decided that drivers attempting to arbitrate can be included in the law suit, Uber sent drivers a new agreement. The document undermined the judge’s ruling by revising the arbitration clause. Liss-Riordan and her team are filing an emergency motion …