Posted by Mario Damasceno. In mid-February of 2015, federal prosecutors investigated United Airlines and its close relation with then chairman of the Port Authority of New York and New Jersey, David Samson. The investigation arose shortly after Samson’s resignation, resulting from emails released that showed aids to Governor Chris Christie had intentionally organized lane closures on …
Author Archives: blogbusinesslaw
Tax Avoidance, Tax Fraud, and Tax Evasion
Posted by Issam Abualnadi. Tax is a sum of money levied on incomes, property, sales, etc., by a government for its support or for specific services. (The American Heritage Dictionary). According to the IRS website, the origin of the income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress …
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Intellectual Property Archives – Blog Business Law – a resource for business law students
Posted by Nadia Haddad. “Intellectual Property law works, until it is stretched.” According to a New York Times article, the problem with intellectual property law is that lawyers try to push the idea of I.P. too far in other areas, like software development, because they believe more the better. The article states that a software …
Lifestyle Control
Research proposal posted by Jessica Thomulka. Part One Healthcare costs are skyrocketing in the United States. Even prior to the passing of President Obama’s Affordable Care Act, the burden on American corporations to provide healthcare to their employees was placing stress on businesses. Lifestyle control is the term given to an employer’s influence on an employee’s actions …
Columbia University fined $9.5 million for Overcharging Medical Research Costs
Posted by Serkan Saka. Have you ever thought how important it is for universities to receive government research support? As we know that reputation is also very important for all the universities. Columbia University one of the best universities in the world and a top university for medical research. Recently, however, Columbia requested research funds …
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Trenton’s Mandatory Sick Leave Affects Small Business
Posted by Briana Brandao. This article, written by Jenna Pizzi, on March 02, 2015, argues whether or not a union of New Jersey business groups should be mandated to provide paid sick leave to its employees in Trenton. As of now, seven New Jersey municipalities possess a local paid sick leave law. A lawsuit was …
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Japan Archives – Blog Business Law – a resource for business law students
Posted by Bridget Uribe. During the summer of 2015, one of the world’s most known Japanese companies broke headlines as a top accounting scandal. Investigators found the company was overstating operating profits by at least 151.8 billion yen ($1.2 billion in U.S. dollars) between the years of 2008 and 2014. Their accounting problems primarily began …
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Martin Shkreli Arrested on Fraud Charges
Posted by Katie Kim. On Thursday, Martin Shkreli, a 32 year-old pharmaceutical executive, was arrested by the federal authorities on securities and wire-fraud charges stemming from an alleged Ponzi scheme he ran as a hedge-fund manager. What the young executive was doing was taking out loans from investors to start a new pharmaceutical company and using …
Tesla Attempts to Bypass Dealerships
Posted by Ali Paladino. Recently, on September 1, 2016, the electric car maker Tesla Motors was called out for attempting to sell their vehicles directly to their customers in Missouri. The judge ruled Tesla’s efforts to rule out the middleman, car dealerships, violated state law. The Missouri Revenue Department “gave the California-based manufacturer a license …
Only Congress Has the Power to Declare War
Under Article I, Section 8 of the United States Constitution, the Congress has the power to “declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water[.]” The Founders wisely thought that the Legislature is in a better position than the President to carry out the will of the …
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