If you can blame property for crimes, you can seize the property of innocent people. That's called "forfeiture," and government uses it
Rajat Gupta's trial on insider trading charges began in Manhattan federal court today with the selection of the jury -- a process completed by 2 p.m. The prosecution objected to the defense's use of staffers remotely reading a live transcript and researching prospective jurors, but Judge Jed S. Rakoff permitted the technique. Gupta's jury includes a nonprofit executive, a marketing manager, a psychiatric nurse, a grade-school teacher and a freelance beauty consultant.
New York Times columnist Nicholas D. Kristof earlier this month attacked a beer company for selling beer to people who wished to buy beer but who were prohibited by tribal laws -- they live on an Indian reservation -- from buying it. The customers cross into a town adjacent to the reservation and buy, apparently, Budweiser. "It’s as if Mexico legally sold methamphetamine and crack cocaine to Americans in Tijuana and Ciudad Juárez," Kristof wrote. And apparently the customers drink recklessly, with bad results for them and their families.
The European Commission has identified four antitrust "concerns" with Google's offerings and is demanding "voluntary" remedies if Google....
As various state legislatures work on legislation banning employers from demanding access to prospective and actual employees' social networking profiles, an employment lawyer raises a question: If an employee posts something that raises a harassment issue, will the employer whose hands are
The FBI is investigating JPMorganChase's $2 billion loss, but law professor and New York Times blogger Peter J. Henning points out that this doesn't actually mean the FBI thinks it has a lot of reason to expect to find a crime. After all, it's only starting an investigation -- the point of which is to find out what happened.
Last month, President Obama signed a law to prohibit members of Congress from committing insider trading using information gleaned from their jobs. But a securities lawyer has a warning for the private sector: The statute could be even more dangerous to private individuals than to Congressmen.
Business creators and investors are increasingly choosing not to take their companies public, says the Economist, and one reason is...
Here's a curious press release from a U.S. attorney's office More specifically, defendant Hung Lam pled guilty to one count of conspiracy to traffic and smuggle children’s products, including toys, containing banned hazardous substances, such as lead and small parts, in violation of 18 U.S.C. § 371, and one count of trafficking in counterfeit goods, in violation of 18 U.S.C. § 2320. ..
Yesterday I mentioned that the Equal Employment Opportunity Commission limits the use of criminal background checks in hiring.
At a conference on white-collar crime also addressed by Manhattan's chief federal prosecutor, New York's top state prosecutor urged business lawyers to tip off the government about possible legal violations: "You operate in a world where you may learn of facts that are appropriate for investigation, from scams directed at the public or the government, to wrongful conduct in the financial sector," state Attorney General Eric Schneiderman said, according to the New York Law Journal. " We value any information or cooperation that you may provide to us."
Trying to start a business as a student can lead to lawsuits by your university -- or even, perhaps, to the chain gang, warns soon-to-be law professor Brian Love: Over the last three decades, patent acquisition and technology licensing have become big business for US universities, which collectively obtain thousands of patents and billions in licensing revenue each year. In a never-ending quest for more royalties, university officials are increasingly likely to take and market not just the inventions of fulltime faculty members, but also those of their students.
Next week, Rajat Gupta, former CEO of McKinsey & Co. and board member at Goldman Sachs, goes on trial, charged with leaking information about Goldman to stock trader Raj Rajaratnam .
An Indiana hotel employee committed murder and the jury said the hotel was 2 percent responsible. (It also said the victim was 1 percent responsible.) Ninety-seven percent of the responsibility, of course, belonged to the murderer. So the hotel was to be liable for 2 percent of the damages.
California Gov. Jerry Brown announced that his state’s budget deficit will be $16 billion, up from earlier estimates of $9.2 billion, on a
In the wake of a $2 billion loss by JPMorganChase—which the company’s CEO says won’t stop it from having a profitable quarter —a presidential spokesman found an opportunity to praise new financial regulations:
The U.S. Department of Justice says it has had a grand jury exploring the Deepwater Horizon oil spill—but apparently it is unable to come up with anyone who had actually done something criminal that brought about the spill. The only person arrested in connection with the incident so far is an engineer who, while that grand jury was operating, allegedly deleted text messages from his phone.
If you think business freedom is compatible with prohibiting certain products, such as recreational drugs, merely because (you think) they harm their users, this video from Reason TV may make you think again. It’s the story of a business that made a benign product called Polar Pure, which outdoor adventurers could use to make water safe for drinking.
People’s genuine interests don’t conflict , but sometimes their wishes do—and when the law says you can’t produce without permission, sometimes production is stymied. But that doesn’t mean producers are helpless, and the man who put swordfighters on spaceships may have found a response that will give his neighbors a taste of regret.
Under ObamaCare, health insurers must in some cases send rebates to insured individuals. Under new regulations, the Wall Street Journal....
If you can blame property for crimes, you can seize the property of innocent people. That's called "forfeiture," and government uses it
Rajat Gupta's trial on insider trading charges began in Manhattan federal court today with the selection of the jury -- a process completed by 2 p.m. The prosecution objected to the defense's use of staffers remotely reading a live transcript and researching prospective jurors, but Judge Jed S. Rakoff permitted the technique. Gupta's jury includes a nonprofit executive, a marketing manager, a psychiatric nurse, a grade-school teacher and a freelance beauty consultant.
New York Times columnist Nicholas D. Kristof earlier this month attacked a beer company for selling beer to people who wished to buy beer but who were prohibited by tribal laws -- they live on an Indian reservation -- from buying it. The customers cross into a town adjacent to the reservation and buy, apparently, Budweiser. "It’s as if Mexico legally sold methamphetamine and crack cocaine to Americans in Tijuana and Ciudad Juárez," Kristof wrote. And apparently the customers drink recklessly, with bad results for them and their families.
The European Commission has identified four antitrust "concerns" with Google's offerings and is demanding "voluntary" remedies if Google....
As various state legislatures work on legislation banning employers from demanding access to prospective and actual employees' social networking profiles, an employment lawyer raises a question: If an employee posts something that raises a harassment issue, will the employer whose hands are
The FBI is investigating JPMorganChase's $2 billion loss, but law professor and New York Times blogger Peter J. Henning points out that this doesn't actually mean the FBI thinks it has a lot of reason to expect to find a crime. After all, it's only starting an investigation -- the point of which is to find out what happened.
Last month, President Obama signed a law to prohibit members of Congress from committing insider trading using information gleaned from their jobs. But a securities lawyer has a warning for the private sector: The statute could be even more dangerous to private individuals than to Congressmen.
Business creators and investors are increasingly choosing not to take their companies public, says the Economist, and one reason is...
Here's a curious press release from a U.S. attorney's office More specifically, defendant Hung Lam pled guilty to one count of conspiracy to traffic and smuggle children’s products, including toys, containing banned hazardous substances, such as lead and small parts, in violation of 18 U.S.C. § 371, and one count of trafficking in counterfeit goods, in violation of 18 U.S.C. § 2320. ..
Yesterday I mentioned that the Equal Employment Opportunity Commission limits the use of criminal background checks in hiring.
At a conference on white-collar crime also addressed by Manhattan's chief federal prosecutor, New York's top state prosecutor urged business lawyers to tip off the government about possible legal violations: "You operate in a world where you may learn of facts that are appropriate for investigation, from scams directed at the public or the government, to wrongful conduct in the financial sector," state Attorney General Eric Schneiderman said, according to the New York Law Journal. " We value any information or cooperation that you may provide to us."
Trying to start a business as a student can lead to lawsuits by your university -- or even, perhaps, to the chain gang, warns soon-to-be law professor Brian Love: Over the last three decades, patent acquisition and technology licensing have become big business for US universities, which collectively obtain thousands of patents and billions in licensing revenue each year. In a never-ending quest for more royalties, university officials are increasingly likely to take and market not just the inventions of fulltime faculty members, but also those of their students.
Next week, Rajat Gupta, former CEO of McKinsey & Co. and board member at Goldman Sachs, goes on trial, charged with leaking information about Goldman to stock trader Raj Rajaratnam .
An Indiana hotel employee committed murder and the jury said the hotel was 2 percent responsible. (It also said the victim was 1 percent responsible.) Ninety-seven percent of the responsibility, of course, belonged to the murderer. So the hotel was to be liable for 2 percent of the damages.
California Gov. Jerry Brown announced that his state’s budget deficit will be $16 billion, up from earlier estimates of $9.2 billion, on a
In the wake of a $2 billion loss by JPMorganChase—which the company’s CEO says won’t stop it from having a profitable quarter —a presidential spokesman found an opportunity to praise new financial regulations:
The U.S. Department of Justice says it has had a grand jury exploring the Deepwater Horizon oil spill—but apparently it is unable to come up with anyone who had actually done something criminal that brought about the spill. The only person arrested in connection with the incident so far is an engineer who, while that grand jury was operating, allegedly deleted text messages from his phone.
If you think business freedom is compatible with prohibiting certain products, such as recreational drugs, merely because (you think) they harm their users, this video from Reason TV may make you think again. It’s the story of a business that made a benign product called Polar Pure, which outdoor adventurers could use to make water safe for drinking.
People’s genuine interests don’t conflict , but sometimes their wishes do—and when the law says you can’t produce without permission, sometimes production is stymied. But that doesn’t mean producers are helpless, and the man who put swordfighters on spaceships may have found a response that will give his neighbors a taste of regret.
Under ObamaCare, health insurers must in some cases send rebates to insured individuals. Under new regulations, the Wall Street Journal....