Healthcare providers, small business, and individuals have filed antitrust lawsuits against Blue Cross and Blue Shield. They allege the 37 independently-owned companies that make up the Blue Cross Blue Shield Association are colluding to avoid competition, raise prices on premiums, and clamp down on payments to providers. Plaintiffs are seeking class action status. Blue Cross …
Continue reading “May 2015 – Blog Business Law – a resource for business law students”
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 …
Continue reading “June 2016 – Blog Business Law – a resource for business law students”
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 …
Continue reading “October 2014 – Blog Business Law – a resource for business law students”
Posted by Sheyenne Hurt-Lewis. General Motors created millions of vehicles with defective ignition switches. This defect is linked to more than 100 deaths and 200 reported injuries. Many lawsuits have arisen from these defective switches which makes General Motors likely to face a large sum of punitive damages which, “could amount to millions, if not billions of …
Continue reading “November 2015 – Blog Business Law – a resource for business law students”
Blog Business Law is an educational resource for Business Law students on the university level. Its purpose is to present current issues in business law and provide commentary and opinion. Both graduate and undergraduate students of Seton Hall University, Stillman School of Business, and Montclair State University, Feliciano School of Business post on a wide variety …
Posted by Katie Kontos. Years ago a YouTube video (https://www.youtube.com/watch?v=Z7dLU6fk9QY) entitled Look Up went viral that urged the public to put down their phones and other technology to pay attention to the world around them. The most moving line says, “So look up from your phone, shut down the display take in your surroundings make …
Posted by Rizzlyn Melo. The car-manufacturing company, Tesla, has been battling with New Jersey government officials for the right to sell their premium electric cars in the state. Tesla differs from other car-manufacturers because they sell their vehicles directly from small, independently-owned sites instead of large dealerships. Many of Tesla’s facilities are actually located in …
Posted by Catherine Caldwell. The trendy new and convenient company, Uber Technologies Inc., is currently enduring a legal battle for its illegal classification of freelancers. Uber was founded in 2009, as an application that acts as an electronic link from individuals who have cars to individuals who needs rides. The company has received a reputation …
Posted by Michael Villafana. Ten years ago from this June, the life of Koua Fong Lee changed forever, as well as those who were in the car who Lee crashed into. Koua Fong Lee was entering onto an entrance ramp in his home state of Minnesota, when all of a sudden his Toyota Camry sped …
Posted by Kyle Gatyas. On April 16, 2015, Counsel to the City of Trenton announced that “the Trenton Paid Sick Leave ordinance would only apply to businesses located in the city itself.” (Bond). They stated that they will not apply to businesses outside the borders of Trenton. This new paid leave ordinance came in effect on …
Continue reading “May 2015 – Page 3 of 4 – Blog Business Law – a resource for business law students”
