Questions from Business Law

Q: Armour Pipe Line Company assigned leases to its existing oil wells in

Armour Pipe Line Company assigned leases to its existing oil wells in Texas to Sandel Energy, Inc. The assignment included royalties for the oil produced from the wells. Armour specified that the assi...

Q: The University of Missouri requires employees to disclose inventions developed during their

The University of Missouri requires employees to disclose inventions developed during their employment so that the university can choose whether to exercise the right to ownership. Galen Suppes was an...

Q: M&M Country Store, Inc., operated a gas station

M&M Country Store, Inc., operated a gas station and convenience store. Debra Kelly bought M&M from Mary Millett. Under the purchase agreement, Millett was to remain as the corporation’s sole sharehold...

Q: Hewlett-Packard Company (HP) hired detectives to secretly monitor

Hewlett-Packard Company (HP) hired detectives to secretly monitor the phones and e-mail accounts of its directors to find the sources of leaks of company information to the media. When the government...

Q: The Watergate Hotel in Washington, D.C., obtained a

The Watergate Hotel in Washington, D.C., obtained a loan from PB Capital. At this time, hotel employees were represented by a labor union, and under a collective bargaining agreement, the hotel agreed...

Q: Apollo Global Management made a tender offer to the shareholders of Diamond

Apollo Global Management made a tender offer to the shareholders of Diamond Resorts International. Stephen Cloobeck, the founder of Diamond and the chairman of its board, did not approve of the deal b...

Q: Encino Motorcars, LLC v. Navarro Supreme Court of the

Encino Motorcars, LLC v. Navarro Supreme Court of the United States, __ U.S. __, 138 S.Ct. 1134, 200 L.Ed.2d 433 (2018). Background and Facts Encino Motorcars, LLC, owned a Mercedes-Benz dealership in...

Q: R.A. Yancey Lumber Corporation owned a sawmill in Yancey

R.A. Yancey Lumber Corporation owned a sawmill in Yancey Mills, Virginia, as well as 2,500 acres of land from which it sold timber. Dick Yancey, Dan Yancey, and Sarah May were the firm’s directors. Di...

Q: Nan Huang was a senior data analyst for Capital One Financial Corporation

Nan Huang was a senior data analyst for Capital One Financial Corporation. In violation of the company’s confidentiality policies, Huang downloaded and analyzed confidential information regarding purc...

Q: First Solar, Inc., is one of the world’s largest producers

First Solar, Inc., is one of the world’s largest producers of photovoltaic solar panel modules. When First Solar revealed to the market that the company had discovered defects in its products, the pri...