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The case "Kelo v. City of New London" is a land-use case which was decided by the United States Supreme Court in June, 2005. The case arose from a city's use of eminent domain to condemn privately owned real property so that it could be used for economic development.
In 1998, the pharmaceutical company Pfizer began construction of a major research facility on the outskirts of New London. Seeing an "opportunity," the city of New London reactivated the New London Development Corporation, a private entity under the control of the city government, to consider plans to redevelop the area and encourage new economic activities that might be brought in by the Pfizer plant. The development plan included a resort hotel and conference center, a new state park, new residences, and various research, office, and retail space. The plan authorized the corporation to acquire 115 residential lots by exercising its right of eminent domain. However, owners of 15 of these properties did not wish to leave their properties. These owners sued then city, arguing that the city had misused its eminent domain power.
Discuss the Supreme Court's interpretation of the Just Compensation Clause under the Fifth Amendment. Do you agree or disagree with the Court's ruling? Why? Do you understand the basis for their decision? Did the majority decide as "judicial activists" or "strict constructionists" in their analysis? What are some of the arguments against this decision? What are your views on this case---and what has transpired in its aftermath?
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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