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

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Editorial: Heavier, but not therapeutic
Jakarta PostAugust 1, 2011

The Supreme Court panel of justices — Krisna Harahap, Artidjo Alkostar and Syamsul Rakan Chaniago — were right to insist on sentencing Gayus more heavily because tax crime is a burden on the state. “The defendant is a tax officer. ...more »

Sentence of Metro East lawyer may be reduced
STLtoday.comAugust 1, 2011

Appeals court rules it was double jeopardy to charge Gary Peel with both bankruptcy fraud and obstruction of justice. EAST ST. LOUIS • A federal appeals court has reversed part of a former Madison County lawyer's prison sentence for blackmailing his ...more »

Business Law News and Stories

Advertising
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USA WEEKEND Saving Summer Beauty Giveaway OFFICIAL RULES
USA WeekendAugust 19, 2011

Employees of USA WEEKEND Magazine (“Sponsor”), Gannett Co., Inc., and each of their respective affiliated companies, and advertising and promotional agencies, and the immediate family members of, and any persons domiciled with, any such employees, ...more »

Federal Grants
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Federal grant will change the look of a Le Mars building
Le Mars Daily SentinelAugust 26, 2011

One of nine federal grants awarded in Iowa will change the look of a patriotic gathering place in Le Mars. The $30000 award to the Le Mars Area Chamber of Commerce Main Street Program will be used for facade improvements to the Le Mars ...more »

Antitrust Law, Domestic
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Mendoza joins Murphy Desmond SC
Wisconsin State JournalAugust 25, 2011

MADISON - Attorney Mario Mendoza has joined the law firm of Murphy Desmond SC, practicing in the areas of Business Law, Municipal Law and Administrative / Regulatory Law & Government Relations. Mendoza has extensive experience in contracts and contract ...more »

Foreign Investments
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Milken's Gift Stirs Dispute at UCLA Law School
New York TimesAugust 23, 2011

“Save for one dissident professor, the entire business law faculty is grateful for this gift,” Kenneth N. Klee, a bankruptcy law scholar, said. The current debate surrounding Lowell Milken's gift highlights the quandary that public universities across ...more »

Franchising
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Tim Kawakami: San Francisco 49ers' quarterback quandary is nothing new
San Jose Mercury NewsAugust 17, 2011

There is nothing new at all about this franchise's latest wobblings at quarterback, only the names of the coach and executives have been changed. The questions and tensions remain essentially identical, which I can confirm, since I'm often doing the ...more »

Banking Law
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Priority sector lending
BusinessWorld OnlineAugust 17, 2011

While the aggregate number looks compliant with the law, many banks still under-complied with the requirements of the law. A study based on published bank statements shows that 60% of universal and commercial banks are non-compliant in the micro/small ...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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California proposal: No more foreclosures
UPI.comAugust 17, 2011

The proposal requires more than 800000 signatures and a 131-day grace period to be put on the next statewide ballot, which makes it possible voters would have a crack at the initiative in 2012, Business Law Daily reported Wednesday. ...more »

Institutional Investing
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Coalition Pursues Tax Breaks for Biotechs that Repatriate Revenue or Invest in R&D
Genetic Engineering NewsAugust 31, 2011

The Life Sciences Jobs and Investment Act of 2011 (S. 1410 and HR 2632) lets businesses choose from a pair of tax breaks. One is a 40% credit toward the first $150 million of R&D, double the current 20%. The other option lets businesses repatriate to ...more »

Commercial
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Murkowski aide Fuglvog pleads guilty to breaking fishing law
MiamiHerald.comAugust 12, 2011

Lisa Murkowski's top fisheries adviser, pleaded guilty Thursday to breaking commercial fishing law and also indicated he could be feeding information to prosecutors in an attempt to lighten his sentence. Fuglvog signed a plea deal on April 8 in which ...more »

Law of the land
ABC OnlineAugust 28, 2011

SHAUN MURPHY: There are now nine Australian universities, soon to be 10, teaching animal law to the nation's future lawyers. Interest in animal law extends well beyond Australia's university law schools. It's now a growing field of legal practice, ...more »

Commercial Bankruptcy
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Professional news in brief
Manchester Evening NewsAugust 17, 2011

It is the latest in a series of seminars focusing on areas of business law. Contact bcsnewsandevents@brabnerscs.com to book your place. MANCHESTER solicitors Lyons Wilson has secured the Law Society's new conveyancing quality scheme accreditation, ...more »

Internal Investigative Services
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Tips for HR Investigations
Human Resource Executive OnlineAugust 29, 2011

An expert describes the steps HR leaders should take when heading up and conducting internal investigations. By Deborah J. Muller If you remember only one tip when you either perform or review an investigation conducted in your organization, ...more »

Commercial Leasing
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Chester law firm Aaron & Partners achieves record fee levels
Liverpool Daily PostAugust 29, 2011

Profits at the commercial law firm showed a 3.5% increase. And the latest round of internal promotions has increased its number of partners to 23. In keeping with its policy of promoting internal talent, Adam Kerr and Emyr Kerfoot, from the firm's ...more »

International Transactions
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Simon Schmidt Joins Chadbourne & Parke in Dubai
PR Newswire (press release)August 17, 2011

17, 2011 /PRNewswire/ -- The international law firm Chadbourne & Parke LLP today announced that Simon Schmidt has joined the firm as international partner in the Dubai office. In his many years working in the Middle East, Mr. Schmidt has advised both ...more »

Communications & Media
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Righthaven says foe is jeopardizing its due process rights
VEGAS INCAugust 25, 2011

Righthaven disputed such arguments in its filing Wednesday in Denver, saying it's a legitimate plaintiff that goes to court, represented by attorneys, to protect its property rights. “Here, Righthaven has been assigned all right, title and interest in ...more »

Economist Says Health Care Law a Net Gain
Middle East North Africa Financial NetworkAugust 27, 2011

Kelly O'Donnell, former state Regulation and Licensing Department superintendent, said that between 2014 and 2020 the federal Affordable Care Act will require New Mexico to spend between $496 million and $797 million on people that the act will make ...more »

Construction & Development
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Dallas Lawyer Charla Aldous Named One of Texas' Top Women Attorneys
PR Newswire (press release)August 23, 2011

22, 2011 edition of Texas Lawyer. The "Winning Women" honorees were selected by Texas Lawyer based on success in high-stakes courtroom litigation, winning large monetary awards, and prevailing in cases that make law or have statewide or national impact ...more »

Locating Funds
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FLDS Town Officials Enter Pleas of "Not Guilty" in Funds Case
KCSGAugust 26, 2011

Chapman, of Phoenix, said the indictment stems from alleged technical violations of state laws. "I don't think there will be that much in dispute" once its clear how the fire district funds were used, she said. Barlow's attorney, Michael Piccarreta, ...more »

Contracts Involving State & Minicipality
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Mayor Defends City Hall Construction Contract
The MissourianAugust 24, 2011

Mayor Herb Adams defended the controversial process the city used in selecting the contractor who will remodel and expand city hall, saying that city officials must play by rules that serve the municipality. Adams was criticized for negotiating with ...more »

Mergers, Acquisitions & Divestitures
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SMSC Introduces Small Footprint, USB 2.0 Switches with Multiplexing, Port ...
MarketWatch (press release)August 25, 2011

Our forward looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations and may not reflect the potential impact of any future acquisitions, mergers or divestitures. ...more »

Corporate Finance & Taxation
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Where Legislature, Executive and the Judiciary differ: Mauritius tax treaty ...
Business StandardAugust 28, 2011

Income tax law is notoriously complex, though the reasons are often misunderstood. Obvious reasons include tax law must address a huge and never-ending range of business transactions and structures. Last month's Bombay High Court decision in the case ...more »

Mortgages & Foreclosures
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Washington, D.C., bankruptcy filings decrease over past year
Bankruptcy HomeAugust 15, 2011

Washington, DC-area bankruptcy filings saw a decrease in the past year thanks, in part, to the implementation of new foreclosure laws, according to the Washington Examiner. Washington, DC-area bankruptcy filings saw a decrease in the ...more »

Creditor's Rights
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Creditors' Rights: 5 Tips on How to Collect Debts
ReutersAugust 2, 2011

If you're in the type of business that extends credit to customers, then you're officially in the business of collecting debts. Unfortunately, collecting debts can oftentimes be difficult, time-consuming, ...more »

Non-Profit Corporations
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Five Columbia nonprofits receive Missouri Foundation for Health grants
Columbia MissourianAugust 30, 2011

The foundation was created in 2000 as a result of a settlement between former Missouri Attorney General Jay Nixon and Blue Cross Blue Shield of Missouri, a nonprofit health services corporation. In 1994, Blue Cross Blue Shield created a for-profit ...more »

Customs Disputes
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In This Economy, What's the New Meaning of JD?
Above the LawAugust 25, 2011

Translation: when you look at the market in Korea, most international lawyers who would work there are US trained, not EU trained. Most firms would have a hard time finding a 7+ year EU qualified (which really means UK qualified) lawyer who is willing ...more »

Public Offerings
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Durham DA gets hearing today
News & ObserverAugust 18, 2011

Durham District Attorney Tracey Cline had requested the hearing, according to Dorman's lawyer, public defender Lawrence Campbell. Cline did not respond to messages seeking comment Tuesday. Cline gave notice of appeal in the case at the time that Hudson ...more »

Debt Collection
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Privatizing Unemployment: Bank of America's Sacramento Coup
Berkeley Daily PlanetAugust 17, 2011

“Bank of America takes its role as a corporate citizen very seriously, and pays taxes in accordance with all applicable laws and regulations,” BofA's Jerry Dubrowski maintains. But the DC-based activist group US Uncut calls BofA an “aggressive tax ...more »

Reorganizations & Restructuring
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Jackson Hewitt Completes Financial Restructuring and Emerges from Chapter 11
PR Newswire (press release)August 16, 2011

16, 2011 /PRNewswire/ -- Jackson Hewitt Tax Service Inc. ("Jackson Hewitt"), the nation's second largest tax preparation firm, today announced it has completed its financial restructuring and emerged from its Chapter 11 reorganization, following the ...more »

Debt Settlement
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Cardillo: Bankruptcy, loan default were a learning experience
Utica Observer DispatchAugust 18, 2011

After the bankruptcy, which Cardillo said took a tremendous personal toll on himself, his wife and his children, he moved to California to attend law school at the University of West Los Angeles. He came back east in the mid-1990s to hold several ...more »

State & Minicipal Bonds
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Ice Miller merges with Schottenstein Zox
Thomson Reuters News & InsightAugust 19, 2011

Ice Miller focuses on municipal finance, employee benefits and business transactions. Schottenstein Zox focuses on corporate law, government affairs and business restructuring. Both firms handle commercial litigation. Ice Miller had $129 million in ...more »

Directors' & Officers' Liability
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Professional liability insurance: A short primer
ModernMedicineAugust 11, 2011

Individual professional liability policies are designed to cover only the pharmacist insured. Frank made a mistake. When the pharmacy's summer employee, a first-year pharmacy student, complained of a headache, he gave her an Rx-Only drug. ...more »

Trade Associations
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Judge denies Google bid to bar Microsoft witness
CNETAugust 17, 2011

But US International Trade Commission Administrative Law Judge Theodore Essex ruled against Google, first reported by Thomson Reuters. Under the rules of the case, Google was first supposed to attempt to resolve the matter with Microsoft. ...more »

False Advertising
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Navigating Employment Law for Small Business Owners
Fox BusinessAugust 25, 2011

Employment law can be a murky issue for small business owners, many of whom can't afford an attorney to consult them on the specifics. But it is crucial for small companies to be compliant with such regulations to avoid lawsuits and ...more »

Venture Capital
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Okla. lawmakers look to slash state tax giveaways
ForbesAugust 24, 2011

The panel will focus specifically on three tax credits - the Oklahoma Capital Investment Board Tax Credit, the Small Business Venture Capital Formation Incentive Act and the Rural Venture Capital Formation Incentive Act.more »

Federal Contracts
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CNB to receive a federal contract worth more than $40 million
Cherokee PhoenixAugust 22, 2011

Cherokee Nation Businesses has been notified by the Department of Defense that the company was awarded a federal contract worth more than $40 million over two years. It is CNB's largest contract ever. The contract will allow CNB's security and defense ...more »

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