In February 2016, a jury awarded a woman $10 million in compensatory damages and $62 million in punitive damages in a suit against Johnson & Johnson for causing her cervical cancer. She died in 2015 after prolonged use of baby powder made by the company. In its ruling vacating the judgment, the appeals court cited …
Continue reading “Missouri Appeals Court Vacated $72 Million Award”
Posted by Kayla Caveny. The United States and Europe both have emissions standards for their vehicles. The standards are in place to limit the amount of pollutants the vehicle may make. However, there is a way to bypass those standards, illegal of course. This certain device is called a “defeat device,” which is any apparatus that …
Posted by Kayla Caveny. The United States and Europe both have emissions standards for their vehicles. The standards are in place to limit the amount of pollutants the vehicle may make. However, there is a way to bypass those standards, illegal of course. This certain device is called a “defeat device,” which is any apparatus that …
Toys R Us entered Chapter 11 recently causing panic among toymakers. The company owes millions to suppliers. Toys R Us owes $14.06 million to Jakks, which last year posted a profit of $1.2 million, making the California-based toy supplier one of more than 100,000 creditors sideswiped by the toy chain’s bankruptcy in the run-up to the …
In February 2016, a jury awarded a woman $10 million in compensatory damages and $62 million in punitive damages in a suit against Johnson & Johnson for causing her cervical cancer. She died in 2015 after prolonged use of baby powder made by the company. In its ruling vacating the judgment, the appeals court cited …
Continue reading “Missouri Appeals Court Vacated $72 Million Award”
Posted by Abdullah Almohammadi. 51-year-old Steven Croman is a landlord with more than 141 apartment buildings in Manhattan. In 2016, was arrested for the allegations of obtaining loans fraudulently and committing tax fraud. Croman pleaded guilty for giving false business records, grand larceny, and criminal tax fraud. He was sentenced to one year jail and …
Posted by Xiangni Meng. There have been at least 16 deaths caused by a ruptured Takata air bag inflator worldwide. The first U.S. death report of a Takata inflator is a 17-year-old high school senior, who died in Texas in a moderate speed crash. The most recent death in the United States was confirmed by U.S. safety …
Posted by Chenglu Xia. In his article, “Bitcoin Will Be Taxed as an Asset: Israel Tax Authority,” Samburaj Das states that Israel government will have a new regulation on cryptocurrency. The official tax authority is making a change, transferring bitcoin’s role from the cryptocurrency to an asset. However, Israel’s official authority is not the only …
Continue reading “Israel Archives – Blog Business Law – a resource for business law students”
Posted by Shahrani Bhatti. On January 30th of 2018, U.S. regulators made it known that they feel Congress should expand regulation of the bitcoin as well as a growing number of other cryptocurrencies. Their reasoning being that the currency is not subject to investor-protection laws. The chairmen of the SEC and the CFTC told senators …
Continue reading “Patchy Bitcoin Oversight Poses Hazards for Investors, Regulators Say”
Toys R Us entered Chapter 11 recently causing panic among toymakers. The company owes millions to suppliers. Toys R Us owes $14.06 million to Jakks, which last year posted a profit of $1.2 million, making the California-based toy supplier one of more than 100,000 creditors sideswiped by the toy chain’s bankruptcy in the run-up to the …
