The University of Iowa College of Law is home to many student organizations that expose students to different legal fields.
One aspect of intellectual property law that routinely garners attention in the media is the phenomenon of so-called “patent trolls.” These individuals and groups have been in the public eye for years, and continue to pose important questions for the patent law community.
Starting this week, students at The University of Iowa College of Law will have a special opportunity to hear from some of the leading minds in the field of intellectual property and business law.
Every year, intellectual property law practitioners from around the state of Iowa meet to discuss and learn about the latest developments in the field. This year, The University of Iowa College of Law plays host to that meeting.
The story is enough to make any corporate executive (and her counsel) lose sleep. A company’s crown jewel and biggest international success story—the one held up to investors as a testament of competitive prowess—is now said to be the product of nothing less than systematic bribery and corruption. This is a situation that executives at Wal-Mart faced with respect to the company’s largest foreign subsidiary, Wal-Mart de Mexico. As first reported by the New York Times, employees at Wal-Mart de Mexico allegedly paid over $24 million in bribes to various Mexican officials to secure permits, silence environmental objections, and change zoning maps—all to fuel unprecedented growth in the region. If true, the allegations suggest that bribery, and not just business savvy, is why twenty percent of Wal-Mart stores are located in Mexico, as well as why the company is Mexico’s largest private employer.
Thursday October 8, 2015