Posted by Avery Smith This is the Business Law breakdown and today I will be talking about the article After a year in FTX’s shadow, the crypto industry is delighting in Bankman-Fried’s conviction written by Allison Morrow of CNN. The article was updated on Saturday November 4th, 2023. It is about the downfall of FTX founder Sam …
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White Collar Crime Finally Pays
Posted by Navith Rangel It is no secret that the FTX debacle has been rather scandalous to say the least. Defrauding millionaires and enlisting in A-List celebrities to promote his cryptocurrency, Sam Bankman-Fried definitely did not think that being convicted of fraud was in his list of possibilities. Oftentimes in America, white collar crime goes …
Left Alone
Posted by Alessia Goncalves Several leading US teaching hospitals are under scrutiny due to allegations made by doctors about a risky practice: surgeons scheduling multiple operations simultaneously and then billing Medicare for work they didn’t do. These claims have emerged from various federal and state lawsuits, shedding light on concurrent surgeries, bribery, kickbacks, and improper …
Will Artificial Intelligence Systems Take Over the Law Field?
Posted by Maria J. Gomez. In a world where Artificial Intelligence is taking a big hit and influencing many fields, I don’t believe that many thought it would also take on the legal field. For some context, after the AI scared many by showing how easily it could come up with well acquired things within …
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The Stain on Forced Labor on Nike Shoes
Posted by Alivia Confessore. The Stain on forced labor on Nike Shoes- Extra Credit Blog Post 1The article “The China Challenge: The Stain of forced Labor on Nike Shows”, by Amelia Pang, is about how Nike’s shoe factory is forcing young women and child to work. Nikes largest shoe supplier factory is owned by south …
Lawsuit Against Abercrombie – Sex Trafficking Allegations
Posted by Red Beyer. Mike Jeffries, former CEO of the Abercrombie & Fitch brand, has recently been accused of running a sex-trafficking operation involving abuse of the company’s male models. On Friday, October 27th, 2023, a lawsuit was filed claiming that “the CEO allegedly used promises of a job at Abercrombie to lure young men …
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Delaware Chancery Questions Release of Escrowed Funds
Posted by Onyekachi Ajaero The blog discusses how the Delaware Court of Chancery’s jurisdiction over claims involving the release of escrowed funds is evolving. The court’s limited jurisdiction is first outlined, with a focus on the significance of equitable character or relief in determining the court’s subject matter jurisdiction. The Xlete case, which first established …
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Caffeine or Clean Caffeine?
Posted by Siya Patel. On September 10, 2022, 21-year-old college student Sarah Katz bought and consumed Panera Bread’s Charged Lemonades, passing away later that day. The lawsuit filed by her parents says that “the company ‘failed to properly warn’ customers about the potential dangers of Charged Lemonade and misleadingly marketing the drink as ‘clean.’” Katz …
Panera Bread Faces Products Liability Lawsuit
Posted by Logan Murray. In September of 2022 a college student at the University of Pennsylvania, Sarah Katz, died after drinking one of Panera Bread’s Charged Lemonades. Katz had a heart condition for most of her life and was known for being very cautious and attentive when it came to what she consumed. Her parents …
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Tennessee Supreme Court – Contract Damages
Posted by Catriona Larouche. In early October, the Tennessee Supreme Court issued “an important decision making clear that in a breach of a contract dispute, the aggrieved party may recover more in damages than the parties’ contract permits, such as punitive, incidental, and consequential damages”. For a long time, it remained unclear in Tennessee whether …
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