Business Law Professionals
HP Claims Former CEO Jeopardizes Confidentiality by Accepting New Role at Oracle
Hewlett-Packard has sued its former chief executive officer Mark Hurd for breach of contract; more specifically for violating a confidentiality agreement. A confidentiality agreement is a contract entered by two parties who want to ensure information shared between...
2 Breach of Contract Cases in the News: Paris Hilton, Taylor Lautner
Two recent celebrity stories in the news involve breach of contract lawsuits. One lawsuit was brought against hotel heiress Paris Hilton for allegedly failing to promote and wear a company's hair extensions as she had agreed to do. On the other side of the...
Continental CEO Defends Merger Plan in Trial
The chief executive of Continental Airlines, Jeff Smisek, testified in a federal court Tuesday in defense of the company's merger plan with United. Federal antitrust regulators approved the $8 billion merger plan late last week, but the companies still face...
New Jersey Drugmaker Merck Closing 8 More Plants After Acquisition
According to The Associated Press, drugmaker Merck & Co. announced Thursday that it is closing eight manufacturing plants and eight research sites around the world. The Whitehouse Station, New Jersey, company has been strategically restructuring its...
Hulk Hogan Files Lawsuit Alleging Infringement on Intellectual Property
Terry Bollea, better known to wrestling fans throughout the world as Hulk Hogan, filed a lawsuit against cereal giant Post earlier this year for repeatedly infringing on his intellectual property in a commercial for Cocoa Pebbles. The television ad in...
Acquisition of the New Jersey Nets Means Change for Team and NBA
New Jersey's NBA team, the Nets, has a new owner. In a recent business acquisition between developer Bruce Ratner and Russian entrepreneur Mikhail Prokhorov, $200 million bought Prokhorov the title of the Nets' majority owner. Prokhorov, 45, has made most of his money...
New Jersey Court Hears Sands Casino’s Breach of Contract Case
A New Jersey case involving a former Sands Casino employee is back in court. The plaintiff brought various charges, including breach of contract, against the NEC Corporation of America (NEC) in July, 2009 after having been injured due to the company's alleged...
Subscribe To This Blog’s Feed