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 …

New York City Archives – Blog Business Law – a resource for business law students

Posted by Mladen Trajkov. Uber has become really successful and has grown and increased its market share tremendously in the last four years. The company is operating worldwide, and is valued around $62.5 billion. Their increase in presence can be seen in various places, especially in New York City. However, not everything looks so perfect with …

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 …

IRS Seizing Bank Accounts Appearing as Part of “Structuring” Ahead of Formal Charges

Members of organized crime, drug dealers, and terrorists transact their “business” in cash to hide their tracks. As part of a scheme to launder money (make it look it was earned legitimately), criminals will deposit their ill-earned cash in bank accounts. In response, Congress passed the Bank Secrecy Act, requiring banks to assist the government in catching money …

Entrepreneurial Young People Can Now Snow Shovel Without a Permit in NJ

Snow shoveling always has been a means for young people to learn how to run a business. They learn how to advertise, interact with customers, work for a competitive wage, and learn something about service to the community. All businesses are at the service of others; and, snow shoveling, like delivering newspapers, or running a lemonade …

Marissa Mayer, CEO of Yahoo, Accused of Discrimination Against Men

Posted by Ashley Torres. In July of 2012, Marissa Mayer became both the President and Chief Executive Officer of Yahoo!. During her time within the company, she has found herself involved in many lawsuits, and is yet hit with another. Recently, in the San Jose District, a former media executive known as Scott Ard filed the …

Workplace Respect at McDonald’s

Posted by Michael Ragone. Recently, McDonalds workers have opened up explaining in detail, sexual harassment incidents that they have experienced while at work. Until last year, under the law, McDonald’s could not be held accountable for labor violations in franchise owned stores. With that being said, McDonalds still ignored all serious instances. Most of the …

Gun Manufacturers and Products Liability

Posted by Melani Filosa. The Consumer Product Safety Commission, a regulatory committee created by the Consumer Product Safety Act enacted in 1972, regulates all consumer products in order to protect the buyer. They promote safety by issuing recalls, developing standards, and requiring warning labels. Because this committee regulates consumer products, they first needed to define …

McDonald’s’ Franchise Suit Over Failure to Pay Overtime

Posted by Michaela Jerkowski. In recent events, McDonald’s Restaurants settled a labor lawsuit pending from 2014, and was ordered in federal court to pay $3.75 million dollars to about 800 employees in California. The lawsuit states that Smith Family LP, who franchised five restaurants in California, “violated California law by failing to pay overtime, keep …