Business Law Professionals
Bank of America and GMAC Resume Foreclosures
Bank of America and GMAC restarted foreclosure processing this week, even as attorney generals of several states opened up investigations into their documents and procedures. Indeed, according to an article in The Wall Street Journal, the major lenders have resumed...
A Successful Business Stays Ambitious: Google’s Robot Car, Part 2
In our previous post, we discussed a recent article in The New York Times that takes an in-depth look at one of Google's innovative new business ventures: creating a self-driving, or autonomous car. Google's robot car project stands as an inspiring example...
A Successful Business Stays Ambitious: Google’s Robot Car, Part 1
Google is an example of a wildly successful company that does not rest on its laurels. Instead, the company continues to branch out in innovative and original ways. An article that appeared over the weekend in The New York Times took an in-depth look at one of...
Bank of America Announces Moratorium on Foreclosures Across Nation
Bank of America announced Friday that they are expanding their moratorium on foreclosure processing to all 50 states. Last week, the country's largest bank said that they were halting foreclosures indefinitely in the 23 states where lenders need court approval to...
Problems Found With Banks’ Handling of Foreclosures
Last week, Bank of America announced that it was halting all foreclosures in 23 states where lenders need court approval to repossess a property. Issues with foreclosure documents had come to light and the country's largest bank decided to step back from...
Possible Trademark Infringement for Toyota Franchise Owner
Two Toyota franchise owners are battling it out in court over the rights to various domain names allegedly purchased by one franchise owner to mislead internet users looking for the other franchise into landing on his own franchise's site. Bob Tyler (Bob Tyler Toyota)...
Commercial Casualty Insurance Company Puts End to a Drawn-out Lawsuit
An insurance brokerage firm consented to paying $4.75 million this week to the state of Ohio in order to settle an antitrust commercial litigation case. Marsh & McLennan Companies (MMC) faced bid-rigging and kickback scheme allegations from the State Attorney...
United / Continental Merger Looks To Be A Go Pending Judge’s Ruling
The $3.22 billion all-stock United / Continental merger originally announced back in May was approved by shareholders just last week and is scheduled to be finalized by Oct. 1st. The merger received regulatory approval from the Justice Department last summer. As...
New Jersey Reality TV Star’s Past Involves Breach Of Contract
Never short on drama, Bravo's hit series 'The Real Housewives of New Jersey' isn't waiting for its new stars to show up on screen to create controversy. The show's soon to be latest addition will bring with her a host of her own hullabaloo. Melissa Gorga will be...
Hertz vs. Avis: Antitrust Issues Involved in Dollar Acquisition
A $1.43 billion bid from Park Ridge, New Jersey-based Hertz Global Holdings, Inc. to acquire Dollar Thrifty Automotive Group Inc. was accepted by Dollar's board this week. Hertz had been competing with Parsippany-based Avis Budget Group Inc. in its effort to...
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