Posted by Dan Udvari. On December 3, 2015 Donald L. Blankenship – the CEO of Massey Energy, Co. – was convicted of a single misdemeanor for conducting a conspiracy to violate safety rules in his coal mines just before the Upper Big Branch Mine disaster that occurred on April 5, 2010. Massey Energy was the fourth …
Author Archives: blogbusinesslaw
Combat Sweatshops
Posted by Arben Bajrami. Sweatshops, or a workplace with unacceptable working conditions, have remained a problem up until recent years in business and in our economy. Companies such as Nike and Adidas have workers in foreign countries sewing and producing equipment, apparel, and footwear for very little pay. It is said that these sweatshop workers …
Works Cited Archives – Blog Business Law – a resource for business law students
Research proposal posted by Valentina Reyes. Tort law carries the “no duty to rescue” principle, which establishes an individual’s freedom to choose whether to intervene in situations of peril while imposing no sanction on those who choose not to act. “While there is properly in law a duty not to harm, there is not . . …
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Tom Brady’s Suspension
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 …
BizEquity Enhances Valuation Process
Posted by Luca Aufiero. In the article, “BizEquity Launches Online Valuation Tool for Accountants,” Daniel Hood discusses how BizEquity, an online business valuation system for businesses to be able to estimate the value of their businesses, launched a new product called Accountant Office. For accountants and advisors, this new business solution of BizEquity successfully improves the …
California Woman Pleads Guilty Over Michaels Retailer Cards Theft
Posted by Daphine Llosa. The current legal issue relates to conspiracy and breach. A conspiracy is an agreement by two or more parties to commit a crime to do something unlawful or harmful. A breach is an act of breaking or failing to observe a law or agreement. On Tuesday, November 17, 2015, Crystal Banuelos …
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First Federal Unit to Identify Wrongful Convictions
The U.S. Attorney’s Office in Washington D.C. is the first federal office to set up a unit to identify anyone wrongfully convicted of a crime. The Conviction Integrity Unit will review cases where defendants offer new evidence that was not available at the original trial, such as DNA evidence, to prove their innocence. Ronald Machen, …
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Martin Shkreli Arrested on Fraud Charges
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 …
BizEquity Enhances Valuation Process
Posted by Luca Aufiero. In the article, “BizEquity Launches Online Valuation Tool for Accountants,” Daniel Hood discusses how BizEquity, an online business valuation system for businesses to be able to estimate the value of their businesses, launched a new product called Accountant Office. For accountants and advisors, this new business solution of BizEquity successfully improves the …
Default Judgement Against BofA for $1 Million
Bank of America must pay a Florida couple for failing to answer a harassment complaint. The couple received relentless phone calls from the bank regarding past due payments on a mortgage. BofA alleged the calls “were not to collect debt, but help the couple avoid foreclosure.” The couple, however, claimed they received about 700 calls over a four year …
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