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

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MacRoberts | MacRoberts Private Client e-update 21/10/10 ALL YOU NEED IS LOVE ...
Linex Legal (press release) (registration)August 1, 2011

The courts retained the discretion to waive any pre-nuptial or post-nuptial agreement, deemed prejudicial to any children of the marriage. Pre-nuptial agreements have been branded as a commodity for wealthy individuals to ensure that if their marriage ...more »

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 »

Business Law News and Stories

Advertising
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Where is there smokeware in Long Beach?
Long Beach Press-TelegramAugust 22, 2011

GooseFire Gallery, which has been open to a couple of private parties since May, is an offshoot of another business Abrams stumbled into - medical marijuana. returning to California to practice small business and marital law. "I had a couple of clients ...more »

False Advertising
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Mobile ad startup Blyk tries again with new CEO
GigaOmAugust 30, 2011

30, 2011, 4:44am PT No Comments News today of changes at the top for European mobile advertising company Blyk, with co-founder Pekka Ala-Pietilä out as CEO — to be replaced by his colleague Eric Kip. The five-year-old startup, which essentially serves ...more »

Antitrust Law, Domestic
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NBA files unfair labor practice charge, federal lawsuit against players' union
Los Angeles TimesAugust 2, 2011

In May, the players' union filed its own unfair labor practices charge with the NLRB. The NBA's legal salvos came less than a day after the owners and union had their first negotiating session since the lockout started, which resulted in no movement by ...more »

Federal Contracts
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US seeks 12-year sentence for DiMasi
Boston GlobeAugust 25, 2011

DiMasi and McDonough were convicted in federal court in June of using DiMasi's power as speaker to steer two software contracts totaling $17.5 million toward Cognos in exchange for hundreds of thousands of dollars in secret payments. ...more »

Federal Grants
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NY gets $16.2M for Staten Ferry, other projects
Wall Street JournalAugust 17, 2011

The money is coming from the Federal Highway Administration, which doles out millions of dollars in federal grants each year. This year there were more than 1800 applications from across the country, the agency said. —Copyright 2011 Associated Press ...more »

Banking Law
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Industry wait for new bank licences may get longer
Business StandardAugust 25, 2011

Industry's wait for new bank licences may get a bit longer as the Reserve Bank of India's (RBI's) suggestions to amend the Banking Regulation Act will not be incorporated in the report of the Standing Committee on Finance in the Banking Laws...more »

Foreign Investments
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China may allow FDI in RMB in Sept
China DailyAugust 25, 2011

Foreign investors will be able to make direct investments in China with RMB legally obtained overseas, according to the ministry's draft. The draft states that FDI in RMB are prohibited in negotiable securities and financial derivatives. ...more »

Business Formation
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Adviser SRO teams with fi360 to ready its fiduciary exam
InvestmentNewsAugust 23, 2011

The SROIIA was established in April by a group of students from the University of Mississippi law school and the Business Law Society. Fiduciary360 LP, which is known as Fi360, is the organization behind the Accredited Investment Fiduciary and the ...more »

Franchising
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Kaplan: Hiring an experienced GM may be overrated
CSNChicago.comAugust 23, 2011

Hahn interviewed twice for the Cardinals GM position but elected not to take the job as the franchise was going through a power struggle that led to the ousting of the very well respected Walt Jocketty. He also was offered the Pittsburgh Pirates job ...more »

Commercial
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Solicitors Needed - Top Prospects - Rotorua - Public Law
LawFuel.co.nzAugust 14, 2011

... partners directly and to develop their skills based on their desire to succeed rather than tenure. We are seeking suitably qualified solicitors for the roles. Public and commercial law experience is preferred although all candidates will be considered.more »

Government Construction Contracts
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Corps of Engineers envisions 30 to 45 days for pump contract review
NOLA.comAugust 18, 2011

The Times-Picayune archiveThe temporary pumping station on the 17th Street Canal is supposed to be replaced by a permanent station, but the Corps of Engineers expects delays in awarding a new construction contract. The review will determine whether the ...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 »

Institutional Investing
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Revision of land law management urged
Viet Nam NewsAugust 19, 2011

Disagreement on some common issues remains, even though land lease and allocation are regulated by different laws, including Criminal Code, Land Law, Real Estate Business Law, Construction Law, Investment Law and Urban Planning Law, Hoang said. ...more »

Commercial Leasing
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Hotel Lending Lawyer: What hotel lenders need to know about SNDAs
Hotel LawAugust 18, 2011

He has represented hotel owners in the negotiation of several hundred management agreements, as well as spa management and franchise agreements. Bob also advises hotel owners regarding telecommunications, software, internet, e-commerce, data processing ...more »

Alabama Spring?
The Weekly Standard (blog)August 25, 2011

Business groups are also unhappy with the law because, as the Wall Street Journal wrote, it is “undermining Alabama's economy.” Construction and agricultural interests are facing worker shortages as immigrants are leaving the state in droves. ...more »

Communications & Media
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FCC To Investigate BART Cell Phone Interruption Scandal
San Francisco Chronicle (blog)August 16, 2011

But the bottom line is that, as stated before, the Federal Communications Act of 1934 has clear words that discourage that kind of action. It's the FCC's job to enforce the Act. FCC spokesperson Neil Grace said "Any time communications services are ...more »

Internal Investigative Services
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Atlantic will investigate if blogger promoted clients
PoliticoAugust 22, 2011

The Atlantic is the latest media organization to launch an internal investigation into its connections with a British company that has provided editorial content on foreign subjects while doing public relations work for some of the same governments it ...more »

Construction & Development
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St. Louis finds a cool use for solar panels
St. Louis BeaconAugust 8, 2011

Relying on thermal imaging, the researchers discovered a 38 percent reduction in the amount of heat reaching the roof of a commercial building with solar panels. They also found that temperatures on the ceiling were 5 degrees cooler under the panels ...more »

International Transactions
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Benchslap of the Day: Judge Sparks Burns More Attorneys
Above the LawAugust 29, 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 »

Contracts Involving State & Minicipality
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County's Office of Independent Review Gets Six-Month Notice
VoiceofOCAugust 25, 2011

"I too have struggled with continuing this resource in our annual budget discussions," Supervisor Pat Bates said after offering the motion to extend the contract. "Not only has the office not reported regularly to the public as promised but even the ...more »

Locating Funds
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DREAM Act bill moves forward in Senate
Contra Costa TimesAugust 26, 2011

... in new Cal Grant funds at a time of huge spending cuts for education and higher tuition costs for students. If Brown signs the bill into law, Donnelly said he would file a referendum. "The thing about 131 is it sends a bad message," Donnelly said. ...more »

Corporate Finance & Taxation
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So Your Tax Return has been Selected for Audit
ForbesAugust 25, 2011

Committed to my clients' best interests, and to improving the law. I have the highest possible peer ratings. Most of my clients and entrepreneurs or business people. I assist them in business transactions, tax litigation, estate planning, ...more »

Professional Corporations
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Wonkbook: Mulling a jobs plan
Washington Post (blog)August 30, 2011

The US needs to cut corporate tax rates, writes Ramesh Ponnuru: "It's fair to conclude that the corporate income tax lowers wages. And that's not the only reason to reduce the tax. As Jonathan Berk explained on Bloomberg View last week, the corporate...more »

Creditor's Rights
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Millions of US court records bound for shredder
The Associated PressAugust 25, 2011

But certainly not everyone in the law business is alarmed. Most trial attorneys deal with civil and criminal cases that arose in recent months or years, and they aren't likely to need decades-old archives. Chicago-based bankruptcy attorney Brad Foreman ...more »

Public Offerings
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TN lawyers may soon bid to defend poor
The TennesseanAugust 31, 2011

“We think it will compromise the quality of representation that indigent defendants get,” said Laura Dykes, an assistant public defender in Nashville and past president of the Tennessee Association of Criminal Defense Lawyers. ...more »

Customs Disputes
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BECKER & POLIAKOFF ANNOUNCES LEGAL ELITE WINNERS
Naples Daily NewsAugust 16, 2011

Mr. Lesser chairs the Firm's Construction Law & Litigation group which includes 17 Board Certified Construction attorneys throughout Florida. He is also a Florida Certified Civil Court Mediator. Peter Quinter leads the firm's Customs and International ...more »

Trade Associations
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Manmohan: clean up we must, but Lokpal won't solve problem
The HinduAugust 23, 2011

“Many countries have a law to govern government procurement. We propose to introduce legislation along these lines. The United Nations Commission on International Trade Law has recently modified its earlier model procurement law. ...more »

Debt Collection
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Naperville dentist indicted in fatal I-88 crash
Chicago Sun-TimesAugust 22, 2011

He bounced a check in 2010 to pay a traffic fine for expired plates out of far south suburban Beecher, where Howe has relatives, forcing Will County officials to seek $143 from him using a collections agency. Howe's driver's license also is valid, ...more »

Unfair Competition
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UBS, Bank of America, Spitzer, Goldman Sachs: Compliance
BloombergAugust 23, 2011

The case is US v. Cuti, 08-cr-00972, US District Court, Southern District of New York (Manhattan). America Movil SAB will get a speedy review by Mexico's Federal Competition Commission in an appeal of its findings that the company is dominant in five ...more »

Debt Settlement
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Legislation to prevent Harrisburg from filing for bankruptcy deprives city of ...
Patriot-NewsAugust 18, 2011

Harrisburg leaders and a bankruptcy law professor said the city might have had the same type of leverage over its incinerator debt creditors if the state not stripped it of its ability to file for Chapter 9 bankruptcy. But the city doesn't have the ...more »

Venture Capital
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Mobile social network 'SMS GupShup' valued at Rs 1000 cr on venture capital...
Economic TimesAugust 30, 2011

BANGALORE | NEW DELHI: SMS GupShup, the country's largest mobile social network, has raised close to Rs 50 crore from a host of venture capital investors, valuing the six-year-old company at Rs 1000 crore. The funding was led by US-based venture ...more »

Directors' & Officers' Liability
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Legally Green Webinar
Online PR News (press release)August 26, 2011

Online PR News – 26-August-2011 –Hall & Company, an independent insurance broker specializing in Professional Liability Insurance - also known as E&O Insurance - to Architects, Engineers, Land Surveyors and Environmental Consultants., is hosting a free ...more »

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John S StocksAttorney at LawPRACTICE AREA: Personal Injury, Professional Malpractice, Family Law, Elder Law, Real Estate Law, Criminal Defense, Contracts, Wills & Probate, Labor & Employment Law, Constitutional Law & Civil Rights, Insurance Litigation, Trusts & Estate Planning, Animal Law
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