Payment and Inventory Management System for the Medical Marijuana Industry Launched
03/13/2011 The First and Only Payment and Inventory Management System for the Medical Marijuana Industry Launched By 420Pal.Com 420Pal has opened for business, providing the first and only one-stop e-commerce solution for the medical marijuana industry. When the state of California legalized the use of medical marijuana, it ushered in a new industry. Today, Washington […]
Shipping of Horse Meat Out Of State Is Prohibited By Law
03/13/2011 The U.S. Department of Agriculture seem to be holding its ground in not allowing the export of processed horse meat for human consumption. This is despite the efforts of several states, which includes Nebraska, in seeking a legal route to reopen horse processing plants. USDA spokesman Neil Gaffney said, “There is no possibility under […]
JPMorgan Says That Probe On Foreclosure Could Result In Fines
03/12/2011 The wide-ranging probe into the banking industry’s foreclosure practices could cause JPMorgan Chase & Co to be confronted with “material” fines and “significant” legal costs. This was disclosed by the bank Monday in the annual report it filed with securities regulators. The New York-based bank also revealed at year-end in 2010, it was a […]
South Carolina Helped By Drug Companies In Tracking Decongestants
03/12/2011 As part of a crackdown on “smurfing,” a way of collecting key ingredients in the manufacture of methamphetamine, drug companies are helping state law enforcement offices track the sales of a popular over-the-counter decongestant. Authorities hope that the tracking system funded by the pharmaceutical industry will turn the tide in their favour in the […]
More Legal Costs Confronts Bank of America
03/11/2011 The liability of Bank of America which was brought about by the mortgages which originated from Countrywide Financial remains undetermined and could continue to increase for years to come. This was revealed by industry analysts. According to Christopher Mutascio, a Stifel Nicolaus analyst, “The legal troubles for Countrywide are not going to end anytime […]
$10 Billion Tobacco Judgment Overturned by Illinois Supreme Court
03/11/2011 In what can be considered as a big victory for America’s tobacco industry, and a defeat for the plaintiffs of Madison County, the Supreme Court of Illinois on Thursday reversed a $10.1 billion ruling against Phillip Morris USA. The Illinois Supreme Court stated in its ruling that the marketing and selling of “light” cigarettes […]
Son-In-Law of Mike Madigan hired by RTA for Top Lobbying Job
03/11/2011 The son-in-law of Illinois House of Representatives Speaker Michael Madigan, has netted a $130,000-a-year job as the main lobbyist for a transit agency, the Regional Transportation Authority. Jordan Matyas was appointed as the deputy executive director of RTA and will supervise the government affairs section of the agency starting March 1. Joe Costello, the […]
Collaborative Report on Orderly Debt Restructurings Issued by Microfinance Industry
03/11/2011 A report on the guidelines and best practices for handling debt defaults by microfinance institutions (MFIs) was issued today by the International Association of Microfinance Investors (IAMFI). In the past, a number of factors, like increased capital flows, record growth by MFIs, as well as the global financial crisis, led to an increase in […]
Captive Insurance Law Creates a New Industry in New Jersey
03/11/2011 A legislation that creates a new industry in New Jersey is signed into law by Governor Christie. New Jersey, as of today, just like many other domestic and international locations, is a captive insurance domicile. The law will enable the state of New Jersey to license, as well as regulate captive insurance companies. These […]
Music Industry Again Challenged by Michael Roberstson
03/11/2011 If there is someone that the music business can consider its long time instigator, that would be Michael Robertson. Founder of MP3.com, Robertson’s company was sued by music labels ten years ago over a feature that allowed users to download a digital copy of any song they proved they owned on CD. Subsequently, lawsuits […]