Posted by Sara Firnstein. Everybody knows that General Motors, or “GM,” has had its fair share of issues throughout the years. Many recalls have been raised based on multiple different issues. In 2014, GM came out and recalled over 3.4 million cars because of an ignition switch issue on top of the already 2.6 million …
Author Archives: blogbusinesslaw
Italy, US Joint “Operation Columbus” Brings Down Drug Ring Run Out of a Pizzeria
In class, we discuss organized crime and its effects on business and society. Recently, Italian special agents, SCO, and the FBI arrested 13 persons in Calabria, Italy, allegedly connected with the ‘Ndrangheta crime family. With affiliates in the U.S., the suspects were organizing cocaine shipments out of Costa Rica. Authorities arrested them in the middle of the night while they were sleeping and charged …
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The GM Faulty Switch Scandal
Posted by Shakil Rahman. For a car to be eligible for sale, it has to pass various tests which are placed in order to make sure that the cars for safe for use by the customers. Certain improvements are made to cars to also make sure that during an accident, there are some protections for …
Insanity Defense – Difficult to Prove
The defendant in the Chris Kyle murder case argued he was insane at the time of the killing. There are various forms of the defense, but in essence it is the defendant’s inability to know that his actions are right or wrong, or that a mental disease somehow impaired his free will to act. Normally, …
Wrongful Convictions – Los Angeles to Pay 24 Million to Two Men
Los Angeles will pay 24 million dollars to two men who spent decades in prison for crimes they did not commit. In one case, lawyers and a team of students from Loyola Law School challenged a key witness’s testimony. In 1979, Kash Delano Register was charged with the armed robbery and murder of Jack Sasson, 78, after eyewitness …
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JP Morgan Chase Says 76 Million Households And 7 Million Businesses Affected By Data Breach
Posted by Giancarlo Barrera. First it was Target, Home Depot, and now, JPMorgan Chase. They are the next victim under cyber attack. Chase is the biggest bank by assets in the US. They are also the dominate bank in New York City, where the majority of banks’ cooperate headquarters are located . “JPMorgan Chase has …
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 …
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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 …
Continue reading “New York City Archives – Blog Business Law – a resource for business law students”
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 …
Continue reading “General Motors May Face Punitive Damages Over Ignition Switches”
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 …