Tag Archives: Judge Tingling

Winners and Losers in New York City's Sugary Soap Opera

By Chris Hill, Jason Moser, and Andy Cross, The Motley Fool

Filed under:

The following video is from Tuesday’s MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Andy Cross, discuss the top business and investing stories of the day.

On Monday, New York Judge Milton Tingling blocked the New York City ban on large-size sugary drinks. Judge Tingling called the ban “arbitrary and capricious,” while New York City Mayor Bloomberg said he believed that the judge’s decision was “clearly in error.” Who are the winners and losers with the decision? In this installment of MarketFoolery, our analysts tackle those questions and discuss the implications for companies such as Coca-Cola , PepsiCoStarbucks , Dunkin’ Brands , and Chipotle .

There is absolutely no question that Coca-Cola has been great to long-term shareholders, but the company faces some new threats to its continued market dominance. We’ve recently compiled a premium research report containing everything you need to know about Coca-Cola. If you own or are thinking about buying shares in the company, you’ll want to click here now and get started!

var FoolAnalyticsData = FoolAnalyticsData || []; FoolAnalyticsData.push({ eventType: “TickerReportPitch”, contentByline: “Chris Hill, Jason Moser, and Andy Cross“, contentId: “cms.23389”, contentTickers: “NYSE:KO, NYSE:CMG, NYSE:PEP, NASDAQ:SBUX, NASDAQ:DNKN”, contentTitle: “Winners and Losers in New York City‘s Sugary Soap Opera”, hasVideo: “True”, pitchId: “56”, …read more
Source: FULL ARTICLE at DailyFinance

New York Supreme Court Reverses Soda Ban

By Justin Loiseau, The Motley Fool

Filed under:

In a ruling (link opens in PDF) released today, New York Supreme Court Judge Milton Tingling halted New York City Mayor Michael Bloomberg’s proposed ban on supersized sugary drinks.

The ban was first proposed last September, was set to go into effect tomorrow, and would have prohibited most establishments from selling sugar-heavy drinks larger than 16 ounces.

Mayor Bloomberg‘s proposal was an attempt to tackle obesity and public health issues at the municipal level, but it had been criticized for both its “nanny state” idealism and its ineffective regulation. The ban would not have included state-regulated convenience stores and supermarkets  and would not have prohibited the simultaneous purchase of two or more large sugary drinks. In the words of Judge Tingling, “The loopholes in this rule effectively defeat the stated purpose of the rule.”

Per the court’s ruling, New York City is “enjoined and permanently restrained from implementing or enforcing” its new health regulation “on the basis that it is arbitrary and capricious.”

As of this writing, the Office of the Mayor has not commented on Judge Tingling‘s decision.

The article New York Supreme Court Reverses Soda Ban originally appeared on Fool.com.

You can follow Justin Loiseau on Twitter, @TMFJLo, and on Motley Fool CAPS, @TMFJLo.
Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

(function(c,a){window.mixpanel=a;var b,d,h,e;b=c.createElement(“script”);
b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
‘//cdn.mxpnl.com/libs/mixpanel-2.2.min.js’;d=c.getElementsByTagName(“script”)[0];
d.parentNode.insertBefore(b,d);a._i=[];a.init=function(b,c,f){function d(a,b){
var c=b.split(“.”);2==c.length&&(a=a[c[0]],b=c[1]);a[b]=function(){a.push([b].concat(
Array.prototype.slice.call(arguments,0)))}}var g=a;”undefined”!==typeof f?g=a[f]=[]:
f=”mixpanel”;g.people=g.people||[];h=[‘disable’,’track’,’track_pageview’,’track_links’,
‘track_forms’,’register’,’register_once’,’unregister’,’identify’,’alias’,’name_tag’,
‘set_config’,’people.set’,’people.increment’];for(e=0;e<h.length;e++)d(g,h[e]);
a._i.push([b,c,f])};a.__SV=1.2;})(document,window.mixpanel||[]);
mixpanel.init("9659875b92ba8fa639ba476aedbb73b9");

function addEvent(obj, evType, fn, useCapture){
if (obj.addEventListener){
obj.addEventListener(evType, fn, useCapture);
return true;
} else if (obj.attachEvent){
var r = obj.attachEvent("on"+evType, fn);
return r;
}
}

addEvent(window, "load", function(){new FoolVisualSciences();})
addEvent(window, "load", function(){new PickAd();})

var themeName = 'dailyfinance.com';
var _gaq = _gaq || [];
_gaq.push(['_setAccount', 'UA-24928199-1']);
_gaq.push(['_trackPageview']);

(function () {

var ga = document.createElement('script');
ga.type = 'text/javascript';
ga.async = true;
ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js';

var s = document.getElementsByTagName('script')[0];
s.parentNode.insertBefore(ga, s);
})();

<p style="clear: both;padding: 8px 0 0 0;height: 2px;font-size: 1px;border: 0;margin: 0;padding: …read more
Source: FULL ARTICLE at DailyFinance

Big Soda 1, Big Government 0: Judge Sinks Bloomberg's Signature Drink Ban

By James Poulos, Contributor

Today’s free-market hero? Tingling. Judge Tingling. WSJ reports that the City of New York is “enjoined and permanently restrained from implementing or enforcing the new regulations,” according to state Supreme Court Judge Milton Tingling. The regulations are “fraught with arbitrary and capricious consequences,” the judge wrote. “The simple reading of the rule leads to the earlier acknowledged uneven enforcement even within a particular city block, much less the city as a whole….the loopholes in this rule effectively defeat the state purpose of the rule.” I’m tingling with anticipation over the prospect of an angry, humiliated Bloomberg trying to take this one all the way to the Supreme Court. But I doubt it. The principle and the practice of his big-drink ban flies in the face of too much legal theory to survive another minute before another judge. …read more
Source: FULL ARTICLE at Forbes Latest