Category Archives: Business law

Business law news articles, reiews, notes and blog examples.

The Biggest Spender of Political Ads on Facebook? President Trump

A new study based on Facebook data provides a picture of who is placing political ads on the social network ahead of the midterm elections. President Trump tops the list... To continue reading this legal news please click Read full information...

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Greenspoon Marder Client Alert: Hemp-Derived CBD Prohibited in Food Products in California

On July 6, 2018, the California Department of Public Health’s Food and Drug Branch (CDPH-FDB) quietly posted an updated FAQ on cannabidiol (CBD) in food products. The organization has determined that the use of industrial hemp as the source of CBD to be added to food products is prohibited in California. The FAQ states, “Until the FDA rules that industrial hemp-derived CBD oil and CBD products can be used as a food or California makes a determination that they are safe to use for human and animal consumption, CBD products are not an approved food, food ingredient, food additive, or dietary supplement.” California defines “food” as any article intended for use for food, drink, confection, condiment, or chewing gum by man or other animal. The CDPH-FDB clarifies that the following hemp derived products will NOT be allowed in food in the state: Any CBD products derived from cannabis Any CBD products including CBD oil derived from industrial hemp….. To continue reading this legal news please click Read full information...

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‘Royalty’: a Tax? : An Analysis of the Judicial Uncertainty and its Service Tax Implications

[Velpula Audityaa and Devansh Mani Tewari are both 4th year, B.A.LL.B (Hons.) Students at Symbiosis Law School, Pune] Whether royalty payable on minerals extracted  as provided for under section 9 of the Mines and Minerals (Development and Regulation) Act, 1957 is in the nature of tax is one of the questions pending before a nine-judge bench of the Supreme Court. Depending on the outcome, there will be huge service tax implications for mining companies. This post seeks to analyse the conflicting judicial decisions which led to this matter and explore the current position in law regarding the same. How the Conflict Arose A seven-judge bench in the case of India Cement Ltd v. State of Tamil Nadu & Ors., AIR 1990 SC 85, laid down that royalty was a tax. Until then, almost all judicial decisions were of the view that royalty paid was not a tax. This decision influenced various High court and Supreme Court judgments over the next decade, causing a radical shift in judicial….. To continue reading this legal news please click Read full information...

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In Blow to Sinclair, F.C.C. Chief Says He Has ‘Serious Concerns’ With Tribune Deal

Ajit Pai said he wanted a judge to review aspects of the deal, an about-face for a chairman whose policy changes have seemed to mostly benefit the broadcast company... To continue reading this legal news please click Read full information...

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Delaware’s Voluntary Sustainability Certification Law

Posted by John Zeberkiewicz, Richards, Layton & Finger, P.A., on Sunday, July 15, 2018 Editor's Note: John Mark Zeberkiewicz is a Director at Richards, Layton & Finger, P.A. This post is based on a Richards, Layton & Finger publication by Mr. Zeberkiewicz and Stephanie Norman, and is part of the Delaware law series; links to other posts in the series are available here. Related research from the Program on Corporate Governance includes Socially Responsible Firms by Alan Ferrell, Hao Liang, and Luc Renneboog (discussed on the Forum here). On June 27, 2018, Delaware Governor John Carney signed legislation enacting the Delaware Certification of Adoption of Transparency and Sustainability Standards Act (the “Act”), which will become effective on October 1, 2018. The Act, which is the first of its kind, represents Delaware’s initiative to support sustainability practices by providing Delaware-governed entities a….. To continue reading this legal news please click Read full information...

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