Business Law Professionals
Keith Olbermann, Current sue each other for breach of contract
It seems the relationship between TV anchor Keith Olbermann and his most recent employer has soured, not unlike the one he had with MSNBC. After the Current network fired him last month for "material, serial breach of contract," Olbermann countersued, also claiming...
Filene’s “Running of the Brides” to go up for auction
Even if you haven't gotten married or planned a wedding in the last several years, you may be familiar with the annual "Running of the Brides" event put on by off-price retailer Filene's Basement. Although the company filed for bankruptcy in November and closed its...
Did brokerage firm’s CEO purposely put customers at risk?
The CEO of a now-collapsed brokerage firm could face criminal charges as well as civil commercial litigation if investigators prove he knew customer funds might be included in a $200 million transfer of funds to an account in the U.K.MF Global Holding Ltd. CEO John...
Nike sues Adidas for using Tebow’s name on Jets clothing
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...
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...
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