The modern method to hold people accountable through the court system. Individuals can sue others who have harmed them or businesses they believe are doing wrong. What is business law exactly?
Business law covers any legal transaction between individuals regarding commercial issues. A business can sue another company for copyright violation. Also, there could be an unhappy employee who seeks financial restitution.
Here are ten cases in the area of business law that show how difficult and complex legal proceedings can be.
1. Apple vs Samsung
In 2011, Apple launched an action 2011 against Samsung over copyright violations. According to the lawsuit, Samsung had stolen the layout of its tablets and smartphones from Apple. It also included elements of its software and hardware, including the design of the home screen.
In the end, ultimately, the United States Supreme Court decided in favor of Apple, awarding Apple $539 million. Despite the suit, Samsung and Apple continue to promote products like each other.
2. Florida Couple vs Bank of America
Banks losing lawsuits isn’s completely unusual. However, it’s not normal to disregard the results of the lawsuit.
In 2009 the year 2009, a Florida couple was incorrectly foreclosed on through Bank of America. They reacted with a lawsuit, which won them $2,500 in legal costs. Then, Bank of America decided not to compensate the couple even though they had a judgment.
The couple, along with the sheriff of the area in tow they showed up at the local Branch of the bank and began to take possession of things. The bank was eventually ordered to write an amount to pay off the debt.
3. Sony vs Itself
While two subsidiaries of the same business Law are meant to collaborate, they may find themselves in conflict.
In 2001 2001, the Recording Industry Association of America decided to take on Launch.com. They claimed that Launch.com was not seeking the proper licenses to operate their Internet radio platform. Sony was a member of the trade organization and was the owner of the Launch website at the time.
To a certain extent, this was among the few cases where a firm was suing its own.
4. Oprah vs Farmers
Some people end up at the wrong end of an entire sector. The year 1996 was the time Oprah Winfrey did a segment about mad cow disease and how it affected those in the U.S. beef industry. In the end, she said she would never consume another hamburger for the rest of her life.
The members of the Texas cattle business filed a suit together against Winfrey and claimed more than 10 million dollars in damages arising from claims of defamatory remarks. The jury ultimately was in Winfrey’s favour.
5. The North Face The North Face The South Butt
The majority of business law cases are litigated about trademarks. One Missouri teenager was caught in conflict with The North Face Apparel Corp. over a parody company he called The South Butt.
The logo, name, and tagline were mock-ups of The North Face’s original slogans. The company, however, was run by a teenager. Profited from its relationship with the larger business. The case resulted in an agreement that barred The South Butt from continuing its operations.
6. Carl Sagan vs Apple
Astronomer and famous Carl Sagan once sued Apple over his name being used as a codename during the 1990s. At first, he wanted to change his name using an initial. They refused and changed the name to BHA, which stands for Butt-Head Astronomer.
Sagan was sued for libel but was denied his lawsuit. The two parties eventually came to an agreement out of court, which included Apple and Apple, who issued an apology statement.
7. Hlatky Vs Steward Health Care System, Inc.
Contracts in the field of business law are among the most important elements. They determine whether or not there’s any case that needs to be won. In the matter of Hlatky and. Steward Health Care System, the Supreme Judicial Court found the defendant was in breach of contract. Hlatky was a cancer researcher whose research lab went bankrupt after support was cut off by Steward.
The lawsuit that followed ended with the plaintiff receiving $10.2 million in damages for an asset she did not own.
8. Marriott Data Breach
In the last quarter of 2018, the Marriott hotel chain suffered a hack. Their reservation systems held thousands of millions of customers’ data that were taken over by cybercriminals.
A class action lawsuit was brought against them, alleging a number of violations. The plaintiff was one of its members who was affected because of the breach. Marriott was successful in the suit because of the fact that there was no sensitive information that was hacked.
9. Facebook Facial Recognition
Privacy and the permissions that go with it are among the most significant contracts in the field of business law. If an individual doesn’t feel comfortable sharing data, it isn’t allowed to be used.
The feature of Facebook’s photo tagging was not very interesting initially. It was, however, based on technologies to recognize faces to link individuals in photos to their Facebook accounts.
The lawsuit brought against Facebook stated that the scans were made without the user’s consent and that they violated Illinois law. The settlement reached was $65 million, and among the biggest settlements ever for privacy violations.
10. Scarlett Johansson vs Disney+
An example of an online case of business law is the case from Scarlett Johansson against the online streaming platform, Disney+.
Since theaters were closed during the epidemic, Disney decided to upload some of its films directly to streaming platforms. Even though Black Widow was one of the first films to be shown in theaters again but it was also made available on online streaming services for users.
According to Johansson, the decision violated her contract. This could result in a bill of more than $50 million.
The two parties came to an agreement during the month of September in 2021. The specific conditions of the settlement weren’t released to the public.
Controlling the Business Law Cases
While you’d love to avoid legal cases involving business, it’s a normal aspect of owning a company. However, any public person or company is in danger of being sued for any reason. There is a chance that you must trust the legal process to hold a business accountable.
In the event of a problem, in that case, you can contact De The Bruin Law Firm to get assistance. Our office is in Greenville, South Carolina, and we are specialists in business law and estate planning, criminal defense, as well as real estate.
