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A Philadelphia company is suing the New York Times for libel by claiming that the newspaper harmed its reputation by using an image from the company's Internet site.
Franklin Prescriptions claims that use of its Internet site as a graphic to illustrate the article headlined “A Web Bazaar Turns Into a Pharmaceutical Free for All,” implied that it was guilty of illicit conduct. The company says it never sells drugs online, but that the illustration implied that it does ' even though the company's name was never mentioned in the article.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.