Business Law Professionals
Caterpillar’s Acquisition of Bucyrus, Part 1
According to The Wall Street Journal, Caterpillar Inc. has announced it will buy Bucyrus International Inc. for $7.6 billion. Caterpillar is the world's largest maker of construction and mining equipment. This deal will also make them the world's broadest supplier of...
Microsoft and Motorola Intensify Litigation Over Intellectual Property
Commercial litigation over intellectual property and patent ownership has been increasing in the last couple of years as the newest technology becomes ubiquitous in various gadgets. Last year, the phone makers Nokia, based in Finland, and Apple Inc became embroiled in...
Singer Taylor Swift Sued for Breach of Contract
Singer Taylor Swift's new album, "Speak Now," was released on October 25th. The album has already sold more than one million copies and it is enjoying success on the Billboard Hot 100 chart. Meanwhile, Swift's former manager wants a piece of her success. According to...
MGM Files for Bankruptcy; No Merger with Lions Gate
Metro-Goldwyn-Mayer Studios Inc filed for Chapter 11 bankruptcy protection this week. According to Reuters, the studio and its shareholders had been in talks for a possible merger with Lions Gate Entertainment Corp as one possible strategy for reorganizing the...
Consider Carefully Whether to Invest in Child’s Business Venture
Parents naturally want to help their children succeed, but what if your high hopes for their success lead to financial failure for both parents and children? Late last week, The New York Times published a helpful and informative article for parents who may be...
Federal Regulators to Investigate Lenders’ Foreclosure Practices
Last week, some of the nation's largest lenders, such as Bank of America and Ally Financial (formerly GMAC), resumed processing foreclosures after a temporary moratorium to redo, recheck and resubmit some paperwork. The banks have asserted that, despite some possibly...
Toyota: Working to Improve Company Image, Issues New Recalls
On Thursday, Toyota Motor Corp. announced the recall of 1.53 million vehicles, mostly in the U.S. and Japan, for brake fluid and fuel pump problems. Over the past year, Toyota has recalled over 10 million vehicles for various problems, including defective gas...
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...
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