Posted by Kimberly Culcay. In the article, “What the PCAOB’s new related-party standard means for auditors,” Maria L. Murphy captures the new standard put in place by the Public Company Accounting Oversight Board (PCAOB). The new standard will require auditors to perform specific procedures that are intended to strengthen auditor performance in high-risk areas, such …
Author Archives: blogbusinesslaw
A Sister’s Fight for Justice
Posted by Sydney J. Kpundeh. The famous over the counter drug Tylenol was at the center of a case that was brought before a Pennsylvania federal district court in early November. The case involved a lady who had taken Extra Strength Tylenol for many years to treat various conditions. In Mid-August of 2010, she underwent …
Duty to Rescue
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 . . …
Ex-Goldman Sachs Trader Salem Renews Fight For $5 Million
Posted by Ovais Ahmed. An article posted on bloomberg.com talks about an appeal made by ex-Goldman Sachs trader Deeb Salem to get an extra $5 million he thinks he deserves in bonus money. He has already received $8.25 million and still wants to get more money out of his former company. I don’t understand why the …
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Liberty of Contract: Removal from the “Anticanon”
Research proposal posted by Elizabeth Donald. Part One: Topic Explanation Liberty of contract was originally introduced into U.S. constitutional jurisprudence through the case of Lochner v. New York, 198 U.S. 45 (1905). In this case, Joseph F. Lochner challenged a provision of the New York Bakeshop Act of 1895 that prohibited bakers from working more …
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Home Warranty Companies Face Lawsuits
Posted by Da’Naysia Aarons. In an article called, “Lawsuits and Consumer Reporters Fight Home Warranty Companies,” Heidi Turner discusses how home warranty companies are being sued by consumers. An investigative reporter was asked to look into a company called Sensible Home Warranty who was allegedly selling consumers a warranty policy. However, when one consumer asked …
Amtrak Crash: The Engineer’s Right to Remain Silent
Posted by Daniel Lamas. Just recently, on May 12 in Philadelphia, an Amtrak train derailed and killed eight people and sent over 200 to the hospital. A question everyone is asking is why the train was going that fast and why it curved. Brandon Bostian, who was the engineer, has agreed to be interviewed and many …
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Companies Tracking Workers With Cell Phones Off-hours May be Violating Their Constitutional Rights
Many companies provide workers with cell phones for company business. And they expect that their workers respect its proper use. But companies should afford their workers the same respect in terms of privacy. In a recent report, a woman was fired for deleting an app her employer used to track her movements. She sued for …
Fighting a Parking Ticket
Posted by Azhanae Evely. I am going to tell you about my first encounter with being inside of a court room. I was given a ticket for “No parking in a handicap zone.” Through this experience, I learned a lot about how to prepare for a court hearing and what it is like being in court. …
AT&T to Refund $105 Million
Posted by Abier Mustafa. Cell phone Company, AT&T, has agreed to pay back $105 million in what is being called ”the largest cramming settlement in history.” AT&T has been adding unauthorized charges to tens of thousands of customers’ monthly bills. The charges are usually for the amount of $9.99 per month, coming from third-party services, …