Wal-Mart Vendor Fails To Nix $24M Offset Over Venture By Samuel Howard Law360, New York (March 29, 2010) — A Wal-Mart Stores Inc. vendor has failed to overturn a trial court’s decision to offset a $12.8 million judgment against Pou Chen Corp. with $24 million in damages still owed to Pou Chen in connection with...Read More
Opinion: Bust-out schemes are a fraud designed to make you go bust By A. Sasha Frid June 06, 2008 Increasing globalization is proving to be a boon for perpetrators of a type of fraud known as a “bust-out scheme.” This kind of fraud, commonplace in the computer and electronics industry, victimizes legitimate manufacturers and retailers....Read More
