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Legal Journals

The Journal of the Business Law Society

A University of Illinois College of Law Student Publication containing up-to-date, analytical commentary on recent developments in the area of business law, including topics such as banking and finance, corporate governance, securities regulation, real estate, technology, and sports.

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Last Entry: July 31, 2010 at 10:41:00

Google-Doubleclick Merger: Consolidating Online Advertising Amidst Antitrust and Privacy Concerns

Posted on March 16, 2008
Introduction After one year of red tape, the recent EU approval of the Google-Doubleclick merger finalizes a deal certain to change the current landscape of online advertising. [1]. Despite antitrust and privacy concerns, the merger was approved upon reasoning that...

Worst. Journal Article. Ever.

Posted on March 14, 2008
I. It's All in Good Taste Recently, Northern Island?s Court of Appeal overturned a jury?s decision to award Ł25,000 to a pizzeria in Belfast in a defamation suit.[1] In this particular case, Irish News restaurant critic Caroline Workman wrote a...

Should Complex Corporate Litigation Trials be Left to the Juries?

Posted on March 13, 2008
Corporate litigation disputes are becoming more complex as new issues arise addressing questions on statistical and/or probabilistic facts, expert testimonies, and other intricacies of the business world. This trend in litigation poses a new issue to the courts, and, more...

The Changing Korean Legal Market

Posted on March 12, 2008
I. Introduction With so much possibility, South Korea?s legal market is virtually untapped, especially considering that it is today?s 10th largest economy in the world. [1] This is because South Korean law prohibits foreign lawyers from becoming licensed to practice...

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Scrabble vs. Scrabulous

Posted on March 12, 2008
Background On May 24, 2007, Facebook CEO Mark Zuckerberg announced that the privately held social networking site he founded in 2004 would open to third-party developers, transforming itself from a popular website to a platform on which other businesses can...

Can a Reasonable Expectation of Privacy Exist in Cyberspace?

Posted on March 12, 2008
Privacy has been defined as retirement and seclusion, or as ?the state of being free from unsanctioned intrusion.? [1] This evokes thoughts of physical space. [2] One may expect to have privacy behind the closed doors of their own home,...

Shades of Gray: A Perspective Behind the Skrobot Indictment

Posted on March 12, 2008
The old legal maxim proceeds, ignorantia juris non excusat or, "ignorance of the law, is no excuse!" This ancient truism, thought to have its origins in Roman law, was eventually folded into the American legal system through the early English...

Disney World Not Required to Allow Segway Use

Posted on March 11, 2008
In 2004, the Walt Disney Company officially banned Segway Personal Transporter vehicles from their theme parks. [1] These upright, two-wheel scooters allow those who can stand but not walk an easier method of navigation and greater degree of freedom than...

Varying Intellectual Property Regimes: The Reception of Gray Market Goods in the United States and the European Union

Posted on March 10, 2008
Most consumers agree that intellectual property law is essential to ensure that creators of inventions, ideas, designs, services and the like are rewarded for their creativity and to promote the continuation of such creations.[1] In order to grant creators with...

Law Firms: It?s Getting Easier To Be Green

Posted on March 10, 2008
I. Introduction The current surge in environmental awareness is affecting the way our nation does business, across a variety of industries. [1] The United Nations? Intergovernmental Panel on Climate Change?s has come to the unequivocal conclusion that our planet is...

Congressional Hearings on Steroids: Is this an efficent use of Congress' Time

Posted on March 06, 2008
Introduction In November 2007, Gallup conducted a survey of the top ten issues on the American public's priority list. [1] The list was based on "an analysis of open-ended responses to questions asking Americans to name the top priorities for...

Creating Stability in the Airline Industry through Merger

Posted on March 06, 2008
I. Introduction In the mid-1980s the airline industry experienced merger mania. Delta bought up Western. [1] Pan Am merged with National [2]. Texas International and New York Air merged with Continental and People Express. [3] Now this trend has reemerged...

The Young and the Restless: the Inevitable Trend of New Graduates towards Solo Practice

Posted on March 02, 2008
I. Introduction The word is out--as of 2007, big law firms have boosted their starting salaries to as high as $160,000. [1] Moreover, NALP has released its employment statistics for the Class of 2006, boasting a 90% employment rate for...

When In Doubt, Seek a Buyout: Indiana's Solution to the Kelvin Sampson Dilemma

Posted on February 28, 2008
I. INTRODUCTION Parting ways with a college coach accused of violating National Collegiate Athletic Association (NCAA) rules has become a delicate process. On February 8th, the NCAA notified Indiana University that its men's basketball coach, Kelvin Sampson, had allegedly committed...

Privacy Implications of Radio Frequency Identification Technology

Posted on February 28, 2008
Before Mrs. Jones leaves work on a typical Tuesday, she goes to a familiar Web site where she can view the items left in her refrigerator to determine if she needs to stop by the grocery store. She is completely...

Limited Liability: Is Stoneridge a Threat to U.S. Markets?

Posted on February 27, 2008
I. Introduction The idea that by engaging in fraudulent behavior one incurs liability for the foreseeable harm caused by such behavior is a cornerstone of the law. Therefore, it seems reasonable that by engaging in fraudulent transactions designed to manipulate...

Payday Lenders: Luring the Elderly into the Debt Trap

Posted on February 26, 2008
I. Introduction During the past few months, the credit crunch has spread to all areas of the credit market, including: commercial real estate mortgages, student loans, and even auction-rate securities that are considered as safe as cash.[1] In attempt to...

Zoning Regulations Need to Keep Pace

Posted on February 26, 2008
Many Americans take the plunge and start a small business. The predominant form of small business in the united States is home-based business. [1] Nearly 8,500 new home-based ventures are started each day with one in ten U.S. households conducting...

Booster Shot or Bandage?

Posted on February 25, 2008
An analysis on the H.R. 5140 economic stimulus package I. Introduction According to a recent Associated Press-Ipos economic study, 61 percent of Americans believe the economy is in a recession. [1] Yet, some individuals are optimistic of the direction of...

Puff-Puff, You're Unemployable

Posted on February 25, 2008
I. Introduction An increasing number of employers are refusing to hire smokers in hopes of cutting health insurance costs and increasing productivity. [1] A number of large corporations, including Alaska Airlines, Union Pacific, and the World Health Organization, have instituted...

College Football Coaching Carousel

Posted on February 25, 2008
I. Introduction Both the National Football League (?NFL?) and the National Collegiate Athletic Association (?NCAA?) have endured their fair share of high profile coaching defections either from one university to another, university to professional franchise, or professional franchise to university...

International Business Travelers Beware

Posted on February 22, 2008
I. Introduction Picture yourself in the shoes of Maria Udy, a marketing executive working for a travel management firm in Maryland. [1] Udy, a British citizen traveling from Washington D.C. to London, was pulled aside by a federal agent because...

Google Defends Its Trademark From Genericide

Posted on February 21, 2008
I. Introduction. Over the last decade, Google has quickly risen to dominate the internet search arena. The company?s rapid ascension is marked by a corresponding rise in the value and recognition of the Google trademark. In that time, Google has...

Overtime Pay and White-Collar Exemptions: Seeking Clarification in Light of Recent Revisions

Posted on February 21, 2008
I. Introduction The New York Times recently asked, "In today's perpetual workplace, where downtime has merged with work time, where you can carry your office in your pocket, where collars are no longer distinctly blue or white, how does one...

The Mail-Order Bride Phenomenon

Posted on February 21, 2008
IN A WORLD OF RISING GLOBALIZATION HOW DO THE LAW AND INDUSTRY GENERATE SAFE OPPORTUNITIES FOR PEOPLE TO MEET ONLINE IN DIFFERENT NATIONS? Contrary to popular depiction in the media and amongst the populace of western countries, the idea of...

SBA Proposes Limitations on Set-Asides to Women-Owned Small Businesses

Posted on February 18, 2008
On January 30th, 2008 women's groups rallied in protest at a hearing held by the U.S. Senate Committee on Small Business & Entrepreneurship, chaired by Sen. John Kerry (D-Mass), regarding the Small Business Administration's (SBA) recent proposal to limit set-asides...

Chinese Commerical Arbitration ? Alternative Approach for Resolving International Disputes

Posted on February 14, 2008
The New York Times characterizes China?s court system as a ?Chinese legal netherworld.?[1] Many foreign business memoirs are packed with horror stories about corrupt judges and unenforceable court decisions.[2] For foreign investors, arbitration offers a way to bypass much of...

Free Trade Agreements and US Immigration Law

Posted on February 14, 2008
Since the implementation of the General Agreement on Tariffs and Trade (GATT) in 1947, the United States has signed several free trade agreements (FTAs) that have reduced barriers to international trade. [1] While these agreements traditionally focused on reducing barriers...

A New Height For Internet Search?: The Micro-Hoo Deal

Posted on February 13, 2008
Microsoft?s Offer A $44 billion bid by Microsoft (?MSFT?) to acquire Yahoo (?YHOO?) may be an indicator of just how desperate Microsoft is to dominate the internet search market. [1] This bid may be reflective of Google?s threat to the...

Labor and Employment in the Workplace: A Hiring and Workplace Guide for New Business Owners

Posted on February 13, 2008
I. Introduction The process of starting a business that relies on outside employees is time consuming and often confusing. However, with the aid of a qualified attorney and the implementation of the proper procedures, an entrepreneur may be able to...

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