Business Law News. Crime Stories, Law on News and Legal Publications in August, 2011

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A Thumbnail Sketch of the Lemon Law
Huffington Post (blog)August 1, 2011

These cars are "Lemons" and are the subject of "Lemon Laws" in all fifty states. While everyone is familiar with the concept of the lemon automobile, not everyone is so clear on the law. Most people don't worry all that much about it until they find ...more »

Labor caught between Malaysia and a hard place
ABC OnlineAugust 1, 2011

Just like the asylum seekers. As this week's Essential Report shows, political support for the plan to trade asylum seekers for certified refugees at a rate of five to one has collapsed over the past six weeks. Q. The Government has recently made an ...more »

Business Law News and Stories

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NRCC ad targets Loebsack
The Hill (blog)August 22, 2011

The National Republican Congressional Committee is out with a new ad against Rep. Dave Loebsack (D-Iowa) that attacks him for supporting President Obama's health insurance reform law. says the voiceover in ad, ...more »

Federal Grants
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Governor signs bills at Terhune
Packet OnlineAugust 17, 2011

Chris Christie signed into law several measures Wednesday morning that provide $90.6 million in grants to counties, towns and nonprofit groups to preserve farm land. The legislation provides $39 million in grants to 16 counties to help preserve farm ...more »

Antitrust Law, Domestic
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Faruqi & Faruqi, LLP Announces Investigation of Dendreon Corp.
Bradenton HeraldAugust 16, 2011

Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Dendreon Corp. (“Dendreon” or the “Company”) (NASDAQ: DNDN). ...more »

Foreign Investments
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Foreign investment tax to be aligned with OS markets
Money ManagementAugust 17, 2011

The amendments to income tax law will clarify how certain income of foreign funds for 2010-11, and prior income years, are taxed. It would also clarify the treatment of certain investments of foreign funds, where the returns or gains are treated as ...more »

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Boston Celtics: The 5 Most Unsung Championship Heroes in Franchise Lore
Bleacher ReportAugust 17, 2011

(Abacus presumes such oddities are expected when a team competing for a championship is starting a 6'4” power forward, Milwaukee's Greg Smith.) Following free-agent stints with the American Basketball Association's Spirits of St. Louis (Now, ...more »

Banking Law
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Local doctor helps pass law to conserve cord blood cells
St. Louis Jewish LightAugust 17, 2011

They go into a storage bank that serves as a sort of library for people who need cells. Twenty-seven states now have cord blood banks, which have been around from the mid- to late-1990s. As more states pass these laws, will more banks open? Yes. ...more »

Gaming Law
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Native American Law Classes Available Online
Indian Country Today Media Network.comAugust 24, 2011

Classes offered focus on tribal gaming law, federal Indian law, the Indian Child Welfare Act, civil jurisdiction in Indian country, tribal government, taxation, energy and mineral development, environmental protection, social services, and water rights ...more »

Business Formation
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Court Ruling Offers Path to Challenge Dodd-Frank
New York TimesAugust 18, 2011

The commodity commission, having already delayed several Dodd-Frank rules for six months, is now studying the proxy case and considering adjustments to some proposed regulations, according to a person close to the agency. Earlier this month, the agency ...more »

Government Construction Contracts
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'Fees' for Lawmakers Part of Construction Business, Court Told
Jakarta GlobeAugust 24, 2011

in relation to government construction contracts. Who'da thunk that this could possibly be the case? I'm sure that now everybody will feign surprise about the all too common practice to pay 'fees'! What actually does surprise me a bit is how ...more »

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The book of Daniel
The Free Lance-StarAugust 29, 2011

People who seriously hurt other people in a premeditated fashion there get put "under the jail," as the crime lawyers say, but Mr. Chichester disputes critics who say he throws the book at every miscreant like Zeus pitches thunderbolts. ...more »

Institutional Investing
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Outbursts mark Congress jobs hearing in Las Vegas
San Jose Mercury NewsAugust 30, 2011

Kline cast the hearing as an essential fact-finding stop on a drive to reform the Workforce Investment Act of 1998, which set up one-stop centers for workers to receive job training and employment services. The law has been due for reauthorization ...more »

Commercial Bankruptcy
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ShengdaTech Seeks Bankruptcy With About $181 Million in Debt
BloombergAugust 19, 2011

ShengdaTech Inc. (SDTH), a maker of nano precipitated calcium carbonate for the tire industry, sought bankruptcy protection from creditors without citing a reason. The company listed $295.4 million in ...more »

International Transactions
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Ameron Announces Special Meeting of Stockholders
MarketWatch (press release)August 27, 2011

Under the terms of the merger agreement, Ameron will be acquired by the subsidiary of NOV in an all-cash transaction in which Ameron stockholders will receive $85.00 for each share of common stock. Ameron is a multinational manufacturer of ...more »

Commercial Leasing
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MDxHealth establishes US CLIA laboratory in Irvine, CA, and makes key hires to ...
CisionWire (press release)August 18, 2011

DURHAM, NC, and LIEGE, BELGIUM - August 18, 2011 - MDxHealth SA (NYSE Euronext: MDXH), a leading molecular diagnostics company in the field of personalized medicine, announced today that it has signed a lease agreement for a state-of- the-art ...more »

VMware's Next Act: Operations Expert
InformationWeekAugust 30, 2011

VMware doubled the memory limit to 96 GBs three weeks after its initial licensing move. But he added: "I don't think that's the end of this journey… The whole industry is going to have to come to grips with moving to a virtual asset, cloud-based ...more »

Communications & Media
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Law granting immunity to website operators stokes criticism
Kansas City StarAugust 24, 2011

“I think a lot of this case law is yet to be determined and we're in really murky water,” he added. One of Botello's posts cited in the lawsuit looks very much like typical posts found on The Dirty, which Gingras has argued is protected: a link to an ...more »

Mergers, Acquisitions & Divestitures
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New Podcast from ACE USA Highlights Mergers & Acquisitions and Related ...
MarketWatch (press release)August 2, 2011

The presentation provides dealmakers with factors to consider in the risk-identification process as they develop a coordinated approach to manage the potential risks and liabilities that can be inherited in a merger, acquisition, or divestiture. ...more »

Construction & Development
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Attorney Melissa Brumback is Featured Panelist for Construction Webinar
dBusinessNews Triangle (press release)August 22, 2011

Ms. Brumback is a seasoned construction law litigation attorney who has handled all sizes of construction cases including multi-million dollar and multi-prime contracts. She has represented architects, engineers, contractors and owners. ...more »

Mortgages & Foreclosures
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Springfield approves tough anti-foreclosure laws
Boston HeraldAugust 23, 2011

By AP SPRINGFIELD -- The Springfield City Council has passed what advocates are calling the toughest municipal anti-foreclosure legislation in the country. The council on Monday voted unanimously to approve an ordinance that requires mortgage lenders ...more »

Contracts Involving State & Minicipality
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Fighting in the Streets
Fox and Hounds Daily (blog)August 19, 2011

Principal of David S. White & Associates, a real estate and general business law firm, West Los Angeles Cause summers here and the time is right for fighting in the street, boy . . . Hey! think the time is right for a palace ...more »

Non-Profit Corporations
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Google Cuts Churches Out Of Nonprofit Program
ChristianityToday.comAugust 25, 2011

While church leaders may be startled by Google's changes, corporations often exclude faith-based groups from their philanthropic programs or restrict who can qualify, said Lloyd Mayer, a professor at Notre Dame Law School. He said Google is "trying to ...more »

Corporate Finance & Taxation
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City provides vacant-home list so empty homes won't get tax breaks
Baltimore SunAugust 24, 2011

The city Finance Department said Tuesday that it was sending a list of vacant properties to the state Department of Assessments and Taxation, which oversees the homestead credit program but relies on local jurisdictions to provide information about ...more »

Professional Corporations
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New options open up for MBAs with law degrees
Business TodayAugust 30, 2011

"So all employees in the corporate world need some knowledge of the principles of management and business law, to do business within and outside the country," he says. Sarma says the new course, a two-year programme that costs Rs 6 lakh, ...more »

Creditor's Rights
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Bankruptcy filings down but may signal financial struggles
Boston GlobeAugust 18, 2011

“We see people every day who can't afford to file,'' said Matthew Berry of Berry & Associates, an Atlanta bankruptcy law firm. The number of bankruptcy petitions likely will rise when the employment situation improves, Berry said. ...more »

Public Offerings
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AG: Major crisis averted
Trinidad & Tobago ExpressAugust 25, 2011

... which could have led to a major loss of life, Attorney General Anand Ramlogan has said. Ramlogan said the decision to declare a state of emergency was made after security agencies discovered an "immediate threat and endangerment of public safety". ...more »

Customs Disputes
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Immigration Activists Block Downtown Intersection
NBC ChicagoAugust 18, 2011

... database," explained Immigration and Customs Enforcement spokesman Jon Gurele. But the protestors say the policy separates families, destroys the relationship between police and the communities they serve and drains law enforcement resources. ...more »

Reorganizations & Restructuring
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Mid Central Community Action hires retired county administrator
Bloomington PantagraphAugust 22, 2011

BLOOMINGTON — A broad-based human services agency that is wrapping up a restructuring process has turned to an experienced administrator to lead the agency as it continues its search for an executive director. Terry Lindberg, 65, who retired May 31 as ...more »

Debt Collection
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Fed Dissenters, Euro Transaction Tax, Zynga, Apple, Melanoma: Compliance
BloombergAugust 18, 2011

The government, which plans to withdraw its guarantees in 2013, this month proposed measures to spur consolidation and help the industry sidestep Europe's toughest insolvency laws. “The central bank is moving independently of the government to ensure ...more »

State & Minicipal Bonds
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UCLA law professor opposes naming institute after Lowell Milken
Los Angeles TimesAugust 24, 2011

Alumnus linked to Wall Street junk bond scandal donates $10 million to help found a business law institute. Lynn A. Stout says he is not 'an appropriate model' for students and will hurt UCLA's reputation. Milken Family Foundation Chairman Lowell ...more »

Debt Settlement
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Morgan Stanley at Brink of Collapse Got $107B From Fed
BloombergAugust 22, 2011

“We have taken the lessons we learned from that period and applied them to our liquidity-management program to protect both our franchise and our clients going forward.” Lake wouldn't say what practices the firm has changed. ...more »

Trade Associations
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Wales' Bangor Law School Introduces New Lineup of LL.M. Programs
LLM GUIDEAugust 29, 2011

M. in International Law, which can be taken as a general program, or with possible specializations in European Law, Global Trade Law, International Criminal Law and International Human Rights Law. The school is also offering LL. ...more »

Directors' & Officers' Liability
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Law Offices of Burg and Brock, Inc. Provide Accident Victims With Unmatched ...
MarketWatch (press release)August 26, 2011

The offices of Burg and Brock, Inc, are a Los Angeles-based law firm that specializes in personal injury cases, ranging from product liability cases to dog bite injury cases. What sets Burg and Brock, Inc. apart from many other law firms is a team of ...more »

Unfair Competition
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Bay Area Employment Lawyer: California Starbucks Employees Sue for Wages Owed (press release)August 23, 2011

According to the California class action employment lawsuit documents, Starbucks is accused of unfair competition, failure to pay Baristas minimum wages and overtime wages, as well as failing to provide accurate itemized wage statements. ...more »

Federal Contracts
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NY man suing Facebook must explain missing items
Dayton Daily NewsAugust 23, 2011

Experts first found what they believe to be the authentic contract in an email outbox on one of Ceglia's computers, Snyder said. They've since verified it still exists on the Sidley Austin law firm's server. "It says, 'This is my contract with Mark,'" ...more »

Venture Capital
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Clearedge Power Fueling Growth With Venture Capital Funding (blog)August 23, 2011

Fuel cell maker ClearEdge Power has hauled in $73.5 million in funding from Artis Capital Management, Austria-based Gussing Renewable Energy; Southern California Gas Company, a subsidiary of Sempra Energy; and existing investor Kohlberg Ventures; ...more »


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