Business Law Archive

Ignorance is not a Defence in Law

In business, one deals regularly with contracts. While contracts may require a legal expert to evaluate the various elements, everyone should have an idea of what those elements are and a brief explanation of them. …

Analysis of Apple Lawsuit against Samsung

In the most recent court appearance over the ruling of a $1.05 billion award to Apple for copyright infringement on the part of South Korean-based Samsung, Judge Lucy Koh suggested that the companies needed to …

Copyrights vs Trademarks vs Patents

Copyrights, trademarks, and patents differ in several ways.  All provide a form of legal protection for the owner, but each references a different product or intellectual property.  In addition, the registration process and fees associated …

Commercial Contracts and Legal Issues

In the course of business, all kinds of contracts are formed by various groups and most of the time, these are sufficient and no problems arise, but occasionally contracts will be breached. When these cannot …

Trucking Leagl Info

Owner-operator leases are the way to go if you are relatively new to the trucking industry. Leasing your truck and services to a particular carrier, frees you from the added duties and obligations of having …

What is Berach of Contract

People in modern world generally create number of contracts in order to perform their day to day activities. Most contracts are directly linked with the career performance and some contract creates the special relationship between …

Repudiatory Breach

Repudiatory breach, also known commonly as fundamental breach, under English contract law refers to a situation where a breach has occurred in a contract agreement that is seen by the law as serious enough to …

The Bankruptcy of Detroit and its Shock Waves

The city of Detroit, Michigan filed for bankruptcy on July 18, 2013. This is the biggest bankruptcy filing ever by city in the United States. According to various reliable sources, the municipality owes $18.5 billion …

Copyright History in UK and us

While copyright now extends to a wide range of intellectual property, from books to computer programs, from paintings to performances, it began very simply. The earliest copyright law came in 1710 in the UK with …

How do i Make Money from an Invention

You have an idea. A good idea. No, a great idea! You may not have all the pieces in place but the concept is a good one, it’s been scrutinized, tested, analyzed, reverse-engineered and vetted. …

Hsbc Fined for Money Laundering in Mexico

Despite issues with other banks in recent years, HSBC has remained largely trouble-free – until recently. The British bank, which has branches in around 80 countries worldwide, has been found guilty of allowing money laundering by …

Opposing a Trademark Application

Foreign and domestic trademark owners can oppose United States trademark applications on the basis of likelihood-of-confusion even if they do not own a trademark registration in the United States. A trademark owner need only show …

The Bankruptcy of Detroit

Detroit, the largest city in the state of Michigan, is also popularly known as “Motown”, the “Motor City”, and “The D”.   Starting out as a settlement along the river in 1701, it is one of …

What are the different Types of Tort Law

There are 3 different types of tort law: negligence, intentional tort, and strict liabilty. All 3 kinds of torts must result in harm to be actionable, although the harm does not need to be tangible. …

Copyright Infringement

Finding unauthorized copies of your own work being represented by another person as their own can be a very upsetting and maddening experience. Unfortunately in this digital day and age where more and more is …

Types of Torts

Tort law is a type of civil suit brought in common law jurisdictions, including the United States as well as Great Britain and Canada. It covers circumstances where a person can be held liable in …

The Business Judgment Rule

Shrinking back from the legal liability taking up a directorship will involve? Relax. Courts in English-speaking countries have repeatedly refused to look at decisions taken by directors when exercising business judgment. The High Court of …