Adapted from the writings of Dayan Yitzhak Grossman May 6, 2021 In the denouement of a high-profile, high-stakes battle, Amazon warehouse workers in Bessemer, Alabama recently voted against joining the Retail Warehouse and Department Store Union by a margin of…

Adapted from the writings of Dayan Yitzhak Grossman April 29, 2021   On Apr. 20, 2021, former Minneapolis police officer Derek Chauvin was convicted of second-degree unintentional murder, third-degree murder and second-degree manslaughter of George Floyd during an arrest nearly a…

Adapted from the writings of Dayan Yitzhak Grossman April 22, 2021   Last week’s article on Citibank’s $900 million wiring error[1] considered the question of whether a transfer of money made in error is binding. In this article we consider…

Adapted from the writings of Dayan Yitzhak Grossman April 15, 2021 On August 11, 2020, Citibank…acting in its capacity as administrative agent for a syndicated term loan taken out by Revlon…intended to wire approximately $7.8 million in interest payments to…

Adapted from the writings of Dayan Yitzhak Grossman March 11, 2021   Our previous article mentioned the halacha that an agent who fails to fulfill a commission to purchase merchandise for his principal is not liable, even if he thereby…

Adapted from the writings of Dayan Yitzhak Grossman March 4, 2021   One of the most controversial events in the GameStop saga was the decision by the Robinhood trading platform (followed by other brokerages) to halt purchases of GameStop (along…

Adapted from the writings of Dayan Yitzhak Grossman February 25, 2021   The Mishnah Berurah rules regarding matanos la’evyonim (the gifts to the poor that must be given on Purim): One must give the two gifts of his own (money),…

Adapted from the writings of Dayan Yitzhak Grossman February 18, 2021 Our previous article on the GameStop short selling controversy considered some halachic arguments against the legitimacy of short selling. Here we consider several additional arguments. Improper competition In the…

Adapted from the writings of Dayan Yitzhak Grossman February 11, 2021 Securities markets have recently been roiled by the wild gyrations of the stock price of the video game retailer GameStop (GME), which peaked in late January at more than…

Adapted from the writings of Dayan Yitzhak Grossman February 4, 2021 A dilemma often faced by medical professionals is whether to inform a terminally ill patient of his grim prognosis. The last century saw an evolution of American medical ethics…