November 2014 Archives

Warren Buffett's Berkshire Hathaway makes large investment

Warren Buffett has long been known as a man with extraordinary foresight when it comes to the stock market and making profitable investments. Those in Maryland who follow Buffett's dealings may already know that he recently decided to make a large investment by purchasing Duracell -- a leading battery manufacturer and distributor. Following an increasing trend, Buffett's company, Berkshire Hathaway, is acquiring the company through a deal that involves a purchase price comprised primarily of stock in Procter & Gamble, which is the company from which Buffett is buying the battery company.

Injunction requested by Jamie Allen in business dispute denied

Lacrosse fans in Maryland may have heard of Olympian Jamie Allen and Long Island Express Lacrosse LLC. In Jan. 2005, Allen and four other people formed the limited liability company in order to coach pre-college lacrosse players, provide them with advice regarding recruiting and offer players and their families opportunities in the sport. Since that time, the company claims it helped 300 players get into various colleges, 200 of whom entered Division 1 schools. A business dispute erupted when the other four voted to oust Allen.

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