General Motors May Face Punitive Damages Over Ignition Switches

Posted by Jessica Page. General Motors Co. has recently been in the news for its faulty ignition switches in over 2.6 million of the company’s Chevrolet Cobolts and other models that were recalled in 2014. The faulty ignition switches were found to “slip out of the run position and disable features including air bags.” This …

Best Buy Selling Recall Items

Posted by Mariafernanda Ayin. Best Buy is considered one of the biggest electronic selling corporations, but not even the biggest companies can avoid problems. Best Buy has been selling products like TVs, computers, and appliances such as washing machines that have had recalls.  These recalls have been one of the biggest headlines in the past couple …

SCOTUS Permits Texas Voter ID Law Before November Elections

The Supreme Court issued an order denying an application to vacate the Fifth Circuit’s stay of a district court’s final judgment enjoining the enforcement of a Texas voting statute. The statute requires voters to produce identification before they vote. Business law students learn about injunctions (in this case, the court’s power to stop a party from acting) as …

IKEA Recalls 27 Million Dressers for Causing Deaths

IKEA, the popular low-cost furniture manufacturer, recalled 27 million “Malm” dressers.   Three children were recently killed as a result of the defect in design. The company was on notice of the tendency of the furniture to be top-heavy, but did nothing to address the issue until the death of a 22-month-old child earlier this …

Credit Suisse Pays $2.6B for Its Part in Aiding Citizens Evade Taxes. But Did the U.S. Justice Department Go Far Enough?

Business law students study the corporate entity and learn from the beginning that since corporations are legal persons they can be charged with crimes.  Corporations cannot be imprisoned, because they have no physical body, but they certainly can face monetary penalties. Such was the recent fate of Credit Suisse. Credit Suisse pled guilty to one …

Montclair State University Archives – Blog Business Law – a resource for business law students

Posted Layla Alzahrani. Embezzlement is money stolen by an unethical person. According to the article, 40 percent of small businesses in the United States will be targeted for average loss of $ 140,000,00.00, but embezzlement is only reported two percent of the time. Most of the embezzlers are trusted and long-term employees or family friends, or …

Conflicts with New Technology in Law: Ellis Vs. CN

Posted by Kirsten T. Rewekant. A somewhat recent case, Ellis Vs. Cartoon Network, Inc. shows how old statutes can be in conflict with the new and always updating technology. Ellis uses the Cartoon Network app on his android device to watch popular television shows that Cartoon Network airs. This is a free service, which you …

Abier Mustafa Archives – Blog Business Law – a resource for business law students

Posted by Abier Mustafa. Stryker Corp., a device maker company, recalled its Rejuvenate and ABG II hip implant devices in July 2012 after warning surgeons they could harm tissue around the hip and cause other health problems to its patients. Patients have complained of severe pain, unusual swelling and excessive metal debris in their blood, blaming …

Fake IRS Agent Scam Targets Public–Identity Theft Tax Fraud is Rampant

Posted by Shanice Cooper. In an article by Forbes Magazine entitled, Fake IRS Agent Scam Targets Public, Even Feds, while Identity Theft Tax Fraud is Rampant, Robert Wood outlines the seemingly growing issue of identity theft. This particular article takes a close look at how horrible identity thieves are especially during the inevitable tax season. Identity …