Ethics and the Sub-Prime Mortgage Issue

Posted by Joseph Locorriere.  The fundamentals of business, something that America has practiced for decades and which was proven to be the correct way of managing a business, include running an ethical business, such as taking proper care and recognition of employees and customers as well as the surrounding environment. However, as America continues to …

Federal Law Archives – Blog Business Law – a resource for business law students

Posted by Connor O’Reilly. On October 15th California Governor Jerry Brown signed several employment related bills into effect. These bills have been crafted and designed to change laws regarding the state’s employers. “The newly-enacted laws address a range of topics, including criminal conviction history, salary history and sanctuary immigration policy.” The governor’s first major law …

IRS Archives – Blog Business Law – a resource for business law students

Posted by Carlos R. Rodriguez. The article “Ex-U.S. Tax Court Judge, Husband Indicted in Tax Case” written by The Associated Press mainly discusses the topic of how a former U.S. Tax Court Judge, Diane Kroupa and her husband, Robert Fackler have been charged with conspiracy to defraud the United States, tax evasion, making and subscribing …

Libyan Wealth Fund Seeks Damages in International Court

Posted by Gerald Wrona. Interesting. That is one word to describe the NY Times report on the pre-trial proceedings of the Libyan Investment Authority’s (LIA) suit against Goldman Sachs (Anderson). Acting as broker-dealer to the sovereign wealth fund, Goldman established a relationship with the fund’s managers in 2007. A year later, Secretary of State Condoleezza Rice …

Palantir Ordered to Open Books

Posted by Ashley Scales. On February 22, 2018, Palantir was ordered to open their books to an investor who was seeking U.S. fraud probe.  The judge ruled, “Data analytics and security company Palantir Technologies Inc. must open its books to early investor Marc Abramowitz.”  Abramowitz wants to investigate possible fraud and misconduct at the esteemed …

IKEA Recalls 27 Million Dressers for Causing Deaths

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 …

Belgium Archives – Blog Business Law – a resource for business law students

Posted by Michael de Andrade. A threat to European nations, Facebook is being seen as a social media giant who are stripping Europeans from their freedom. Facebook is being accused of “collecting digital information about people who are not its users,” by the Belgian Court’s. Many of the “Continent’s data watchdogs,” including the European Court of Justice, …

High Court to Take Up Abercrombie Headscarf Case

The United States Supreme Court granted certiorari in Equal Employment Opportunity Commission v. Abercrombie & Fitch Stores, Inc.  Abercrombie allegedly denied a muslim woman a job at a Tulsa, Oklahoma store during an interview.  She was wearing a headscarf, which Abercrombie determined violated its “look policy.”  The “look policy” at the time was classic East Coast collegiate …