A trademark battle is brewing between two major sporting goods companies over one of the most popular names in the NFL. Nike, which will soon become the official supplier of licensed NFL apparel, is suing Adidas' Reebok International for using quarterback Tim Tebow's...
Business Law Professionals
Month: March 2012
Facebook friends file lawsuits as site prepares public profile
As Facebook prepares its initial public offering in the stock market later this spring, it's facing a steady stream of lawsuits from old friends, collaborators and others claiming to have an interest in the social networking site. This type of commercial litigation is...
New York, 4 other states may file suit to stop $29B merger
A possible $29.1 billion merger that would create the largest pharmacy-benefits manager in the U.S. could be delayed if five states opposing it decide to go forward with a lawsuit.Express Scripts Inc. has submitted a bid to acquire New Jersey-based Medco Health...
New Jersey co-workers win lottery, but not without a fight
It's become a fairly common workplace ritual: A group of co-workers routinely chip in a few dollars to play the lottery, hoping to increase their jackpot chances with the understanding that they'll divide any winnings evenly across the board. At least that's supposed...
Pin one up for copyright protection
The up-and-coming social networking site Pinterest has announced a new initiative to protect intellectual property from copyright infringement. The service, which is essentially a virtual bulletin board, allows members to post links, pictures and other information on...
Consumer group sues pharmaceutical companies over drug coupons
A consumer coalition dedicated to health care reform has filed lawsuits against eight major pharmaceutical companies, claiming their popular coupon programs for brand-name prescription drugs are illegal. The coalition is seeking class-action status in its commercial...
Copyright piracy widespread among young people
A survey of attitudes toward intellectual property recently conducted by Columbia University in New York found that an astonishing 70 percent of all respondents in the 18- to 29-year-old age group admitted to having downloaded, copied or purchased movies, television...
New York printing company sues bank for breach of contract
Most small businesses rely heavily on their banks for growth and sustenance. Loans provide a business with capital to start or expand, and to help them manage the money they already have. If a bank changes the terms of its contract with a business, it can put the...