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 »

The Briscoe Law Firm and Powers Taylor LLP Announce Investigation of Zoo ...
MarketWatch (press release)August 1, 2011

DALLAS, Aug 01, 2011 (BUSINESS WIRE) -- Former United States Securities and Exchange Commission attorney Willie Briscoe, founder of The Briscoe Law Firm, PLLC, and the securities litigation firm of Powers Taylor, LLP announce that a federal class ...more »

Business Law News and Stories

Advertising
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Names and Faces for Aug. 21
Rapid City JournalAugust 21, 2011

Rhead has been practicing law for seven years, and is focused on criminal defense and juvenile cases. ... Jeffery D. Collins, member of the Business Law and Litigation Practice Groups at Lynn, Jackson, Shultz & Lebrun, PC, has been promoted to ...more »

Federal Contracts
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Introduction to the GSA Schedules
govWin (blog)August 22, 2011

It maintains real estate and fleets for most federal agencies, and operates the GSA Multiple Award Schedules program – informally known as the GSA Schedules. The GSA Schedules are essentially pre-negotiated contracts between vendors and the federal...more »

Antitrust Law, Domestic
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More local biz grads looking to law school
Fresno Business JournalAugust 12, 2011

“Many graduates privately practice business, corporate bankruptcy and taxation law,” Pearson said. By definition, business law governs business and commerce in both public (government) and private sectors. It provides a legal framework for business ...more »

Federal Grants
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SALINE: Detective warns area residents about online scams
Heritage NewspapersAugust 30, 2011

The foreign sources of these types of crimes take it out of the hands of local police to investigate complaints. The Internet Crime Complaint Center report stated 121000 cases were referred to law enforcement nationwide in 2010. ...more »

Foreign Investments
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Malaysia Looks West for Investments
New York TimesAugust 17, 2011

The Malaysian prime minister, Najib Razak, center, met in July with Britain's foreign secretary, William Hague, right, and other British officials, seeking more foreign investment in his country. By MATTHEW SALTMARSH LONDON — With Europe's economy ...more »

Banking Law
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Tax deadline looms for people with money overseas
MarketWatchAugust 28, 2011

“A couple of years ago, there was nothing more secure than a Swiss bank account. Not anymore,” said Jeffrey Kolodny, a partner in the private client services group of law firm Cozen O'Connor in New York. If the IRS finds your account before you report ...more »

Franchising
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Capitol Alert: State board finds very few pay tax on out-of-state goods
Fresno BeeAugust 19, 2011

The board relied on Franchise Tax Board data and said this occurred for "reasons that are unclear to us." AP - An Amazon.com employee grabs boxes to be loaded onto a truck at the company's Fernley, Nev. warehouse on Monday, Dec., 1, 2008. ...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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Principal Officer Legislative & Regulatory Policy
The HillAugust 25, 2011

Law No. 110-432) and the passenger rail provisions of the American Recovery and Investment Act of 2009 (Pub. Law No. 111-5); development of passenger rail corridors and high speed rail; the recognition and advancement of the environmental and other ...more »

Commercial
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Business digest: Law firm launches immigration blog
The News-PressAugust 22, 2011

A Fort Myers law firm now offers tips on securing immigrant visas or advice on hiring foreign nationals. Henderson, Franklin, Starnes & Holt created "The Immigration Blog" to enhance its immigration law practice. It will focus on all aspects of ...more »

Legislator Calls for Clarifying Copyright Law
New York TimesAugust 28, 2011

The Recording Industry Association of America, which represents the interests of the labels, maintains that most sound recordings are not eligible for termination rights because they are “works for hire,” collective works or compilations created not by ...more »

Commercial Bankruptcy
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Fewer file for bankruptcy; experts say trend won't last
The Virginian-PilotAugust 22, 2011

Fewer Hampton Roads households and businesses are resorting to bankruptcy court for financial relief, but local attorneys aren't optimistic the decline in bankruptcy filings so far this year will continue. After climbing steadily in ...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 »

Commercial Leasing
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Lease Renewals - Important Points to Consider
TrethowansAugust 17, 2011

Whilst this case does not contain any new law, it should be considered in more detail as some very interesting points were raised. The tenant, which was a joint venture formed by two oil companies, had been granted a lease of the Immingham Oil Terminal ...more »

International Transactions
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Yuan internationalization takes off in Hong Kong
Reuters Blogs (blog)August 31, 2011

Rocked by ongoing inflationary pressure, credit concerns and volatile equities markets, businesses are banking on yuan-denominated bond issuances to boost their capital base. Last month, Australia's Agincourt Capital Management LLC issued A$500 million ...more »

Communications & Media
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Stryker, Tams & Dill: 1898-2011
Texas LawyerAugust 24, 2011

Founded in 1898 by Richard Lindabury, a formidable corporate lawyer who represented and, in fact, incorporated US Steel, the firm was originally known as Lindabury, Depue and Faulks. Early in the 20th century it recruited James Tams and Josiah Stryker, ...more »

State targets more health workers convicted of sex crimes or violence
Chicago TribuneAugust 24, 2011

Former prosecutor Doug Godfrey, a professor at Chicago-Kent College of Law, says the state has the power to change licensing laws for public safety. However, he suggested that the affected health care workers could make a compelling argument that the ...more »

Construction & Development
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Aurora quarry to begin accepting construction debris
Chicago Daily HeraldAugust 24, 2011

The city's public works crews will receive additional value from the project: rights to dump their clean construction and demolition debris in the quarry for free, Development Director Bill Wiet said. “We've tried to structure the development agreement ...more »

Locating Funds
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China amends law to confiscate ill-gotten money
China DailyAugust 25, 2011

BEIJING - China's legislature will revise its Criminal Procedure Law to allow the confiscation of illegally-obtained money from corrupt officials and terrorists who have fled the country. Draft amendments submitted Wednesday to the National People's ...more »

Contracts Involving State & Minicipality
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Dubious officials hired by the state elsewhere
Times LIVEAugust 24, 2011

He was also accused of having paid about R400000 to a "task team" including former colleagues from Bitou municipality, in Plettenberg Bay, for a report on the state of the council that was not delivered. Leluma, now the adviser to the mayor of Bitou, ...more »

Non-Profit Corporations
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Perry's fundraising for governors group draws scrutiny
Houston ChronicleAugust 25, 2011

Washington, DC-based attorney Glenn Willard, a former Federal Elections Commission lawyer who advises candidates, political committees, corporations and nonprofit organizations on how to navigate campaign finance regulations, said state laws could, ...more »

Corporate Finance & Taxation
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Swiss in talks with US to settle tax probe
Independent OnlineAugust 26, 2011

Switzerland has made a proposal to try to kickstart talks to settle its impasse with US authorities over Swiss banks suspected of helping wealthy Americans dodge taxes, its finance minister said. “We have presented a discussion framework (to the US),” ...more »

Professional Corporations
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Batter Up, Twinkle Toes: Lenny Dykstra's Latest Brush with the Law
Above the LawAugust 26, 2011

Now he's more famous for taking the same scrappy approach with the law. In January, Dykstra was accused of sexual assault by his housekeeper. In May, Dykstra was indicted for bankruptcy fraud. Oh, how the mighty have fallen. ...more »

Creditor's Rights
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Associate Joshua B. Alper Joins Roetzel's Fort Lauderdale Office
EON: Enhanced Online News (press release)August 9, 2011

Mr. Alper focuses his practice in the areas of bankruptcy and creditors' rights, as well as business and commercial litigation. He has extensive experience representing financial institutions and individuals in contested Chapter 7 and Chapter 11 ...more »

Public Offerings
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DCF caseworker charged in $1.3 million welfare scam
MiamiHerald.comAugust 25, 2011

“We can never tolerate fraud and theft by anyone, particularly by trusted public employees upon whom our community depends,” Miami-Dade State Attorney Katherine Fernandez Rundle said in a statement. “Such thefts are the ultimate acts of betrayal. ...more »

Customs Disputes
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Disputes won't impede PBG economic co-op
China DailyAugust 18, 2011

In the first half of this year, trade between the two parties reached $171.12 billion, up 25 percent year-on-year, according to China Customs data. Participants at the Forum will exchange views at three concurrent seminars: Pan-Beibu Gulf Think Tank ...more »

Reorganizations & Restructuring
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Postal Service to End LTL Business
Transport Topics OnlineAugust 29, 2011

Facing a major restructuring and the closing of thousands of post offices, the US Postal Service said it will end its foray into less-than-truckload hauling Sept. 19. The USPS said in an Aug. 19 filing to the Postal Regulatory Commission that it ...more »

Debt Collection
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Firms cash in on Howrey bankruptcy
Thomson Reuters News & InsightAugust 17, 2011

The statement followed Bankruptcy Judge Dennis Montali's order issued last month that required professionals hired by Howrey or the unsecured creditors committee to begin filing monthly statements with the court for payment. Under bankruptcy law...more »

State & Minicipal Bonds
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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 »

Debt Settlement
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Milwaukee real estate devloper files for Chapter 7 bankruptcy
Bankruptcy HomeAugust 31, 2011

A real estate developer in Milwaukee's Park East area has filed for protection under Chapter 7 bankruptcy law. A real estate developer in Milwaukee's Park East area has filed for protection under Chapter 7 bankruptcy law. ...more »

Unfair Competition
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Bay Area Employment Lawyer: California Starbucks Employees Sue for Wages Owed
WiredPRNews.com (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 »

Directors' & Officers' Liability
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GAO Report on For-Profit Nursing Homes: Deficiencies Swell, Direct Care ...
TMC NetAugust 25, 2011

One idea would be to demand an immediate disclosure by the industry of its overall and aggregate organizational structures and profitability including, but not limited to, any nursing home corporations, limited liability companies, ...more »

Venture Capital
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Behind the Glittery Web Start-Ups, Investors See Other Gold
New York TimesAugust 25, 2011

Silicon Valley's largest venture capital firms are raising their stakes in so-called enterprise companies, which provide software, analytics and other services to business customers. They are betting that the emerging players in this space, ...more »

False Advertising
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Dendreon Appoints John E. Osborn EVP & General Counsel
MarketWatch (press release)August 31, 2011

Mr. Osborn has more than 25 years' experience in law, business, and public policy. He previously served as general counsel with two Fortune 1000 healthcare companies: US Oncology, Inc., where he worked on its recent merger with McKesson Corporation, ...more »

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