Business Law Professionals
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...
Consumers Sue Apple Over Alleged Unfair Business Practices
Apple Inc. is being sued by consumers over problems with its latest iPhone. The iPhone 4 was released June 24 and consumers soon complained that calls were dropped or reception was weakened when users placed a palm over the lower left corner of the device. Apple has...
Authorities Crack Down on Intellectual Property Rights Violations
Authorities launched a major antipiracy effort this week against websites offering free movie downloads. Internet piracy has hurt the movie industry by offering free versions of new movies, often soon after they are released in theaters. This week, "The Twilight...
Land Once Slated for Commercial Development Likely to Become Port
According to The Jersey Journal, the board of the Bayonne Local Redevelopment Authority voted unanimously Thursday night to give BLRA Executive Director Christopher Patella the authority to negotiate the sale of 128 acres in the southern section of the Peninsula at...
Entrepreneurs Still Find Vast Business Formation Potential on Web
A recent article in The New York Times highlights an entrepreneur's success starting businesses online. The article profiles Ben Huh, an entrepreneur who took a risk in buying a website filled with funny-captioned goofy cat pictures and managed to turn the purchase...
United-Continental Airlines Merger Raises Antitrust Concerns: Part 1
On Wednesday, the CEOs of Continental Airlines Inc. and United Airlines parent UAL Corp. defended their plan for a merger to skeptical members of Congress. Lawmakers are concerned that a merger will lead to higher fares, job losses, and a decreased quality...
United-Continental Airlines Merger Raises Antitrust Concerns: Part 2
On Wednesday, congressional lawmakers raised serious antitrust concerns with the CEOs of United Airlines parent UAL Corp. and Continental Airlines Inc. over their plan to merge. The merger involves a $3 billion stock swap and would create the world's largest...
NJ Nuclear Utilities Accuse Govt of Ongoing Breach of Contract
The Wall Street Journal recently published an interesting article that discusses the ongoing problem of storing the nation's nuclear waste. In March, the Energy Department notified the federal Atomic Safety and Licensing Board that it was dropping its plan to store...
New Businesses Continue to Form Despite Recession
The annual study of new business creation, The Kauffman Index of Entrepreneurial Activity, has found that incidents of new business formation have continued to increase in spite of challenging economic times. The Wall Street Journal...
Avis v. Hertz in Dollar Acquisition, Part 2: Antitrust Issues
While the rental car giants Hertz and Avis argue in public over who has the better chance to get regulatory approval to acquire Dollar Thrifty Automotive Group, investors and experts believe that it will come down to the highest bid, The Wall Street Journal reports....
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