Cheesemen Case

630 Words3 Pages
(Cheeseman 2013). In the case of United States v. Belmont this was a Russian business that deposited significant amount of funds in Belmont which in turn was a private Banker, during the early 1900’s. During this time the Russian Government would municipalized the business and appropriated all its assets were ever they were at. Later on the mid 30’s the Russia and the United States would eventually come to a settlement and a finally settle the claim. The Soviet Union would go on to agree, that they would not to take any steps to impose claims against American citizens to include Belmont. (Cheeseman 2013).
I think in this case the money to including the deposit account, although they were assigned to the United States with the understanding
…show more content…
Dow retailed it to the US army who used it to clear the dense jungles of in Vietnam. Medical Committee for Human Rights was a Dow shareholder at the time and they were against using napalm to clear the jungles. The shareholders submitted a proposal to force the Dow Company to stop selling napalm propellant; unless they could obtain assurances that it would not be used to injury people. The committee proposed in an appropriate manner and in proper form would have the proposal included in the company's proxy materials for a vote at the shareholder annual meeting. The Dow Management refused to add Medical Committee for Human Right’s proposal to the proxy materials and the results was MCHR sued. (Cheeseman 2013). In my opinion Dow wins because Dow wasn’t making the napalm in the course of normal business operations. Although Dow had no reasonable business intention to manufacture napalm to harm anyone, they were only doing it because of the special politics of the managements. Therefore it wasn't the kind of regular business decision that merited
Get Access