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 »

Locating an Experienced Criminal Lawyer is Now Very Simple
Prfire (press release)August 1, 2011

The attorneys at Mr. Joffe's office are also efficiently capable of handling various fraud cases such as computer fraud, Internet fraud, business fraud, mail fraud, insurance fraud, bankruptcy fraud, government fraud, bank fraud, financial fraud and ...more »

Business Law News and Stories

Advertising
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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 Contracts
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Federal agencies revamp regulations to save money
San Francisco ChronicleAugust 24, 2011

The changes include accelerating payments on Department of Defense contracts to 60000 small businesses and requiring the Small Business Administration to adopt a single electronic application for potential borrowers. The Department of Health and Human ...more »

Antitrust Law, Domestic
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HP Takes AU Optronics to Court for Price Fixing of LCD Display Panels
TMC NetAugust 24, 2011

Reuters wrote that this complaint, which seeks damages from AU Optronics (News - Alert) for violations of antitrust laws, was filed under seal to protect HP's confidential information. In essence, according to a document filed in federal court in San ...more »

Federal Grants
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Flood Assistance in Montana nears $16 Million
KTVQ Billings NewsAugust 18, 2011

Money is going directly to people for their personal property and additional money allocated to help with the economic recovery and safety of affected communities." The FEMA Public Assistance (PA) Grant Program is available to 48 Montana counties and ...more »

Foreign Investments
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Foreign Direct Investment In Seoul More Than Doubles In First Quarter
BernamaAugust 8, 2011

SEOUL, Aug 8 (Yonhap) - Foreign direct investment (FDI) in Seoul rose more than twofold in the first half of this year from the same period last year thanks to an improved business environment in the capital city, Yonhap news agency reported quoting ...more »

Banking Law
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Dim Sum Ceremony Attracts Banking VIPs
Wall Street Journal (blog)August 17, 2011

Standard Chartered Group Chairman John Peace is taking a quick break from his summer vacation for work in Hong Kong, but don't expect any major announcements from the UK-based lender. Sir John has come through town just to attend ...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 »

Business Formation
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State moves up in entrepreneurship ranking
Lincoln Journal StarAugust 2, 2011

21 in the latest State Entrepreneurship Index, a nationwide analysis and ranking system that compares how states stack up in terms of business formation and innovation. The index was developed by economists at the University of Nebraska-Lincoln's ...more »

Gaming Law
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Conflicts force gaming panelists to exit many votes
Las Vegas Review - JournalAugust 21, 2011

The complexity of Nevada gaming law and regulations requires expertise in the subject, and lawyers with that knowledge come with conflicts. "You want to avoid any appearance of impropriety, but you want to have people with practical experience," said ...more »

Commercial
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Cut the Law Firms, Keep the Lawyers
Wall Street JournalAugust 11, 2011

The recruits work in entry-level litigation, intellectual property, corporate and commercial law matters exclusively for HP Mr. Holston said. "We like to think that you can do anything you'd like to do at HP that you can do at a law firm, although you ...more »

Internal Investigative Services
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Top cops in drug shame - officers allegedly fail cocaine test
NEWS.com.auAugust 15, 2011

Two serving NSW Police Force officers and one Australian Federal Police officer were ordered to undergo tests as part of an internal investigation into alleged recreational drug use among officers. The officers involved, all aged in their 40s, ...more »

Commercial Bankruptcy
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Local bankruptcies for Thursday, Aug. 4, 2011
Los Angeles Daily NewsAugust 4, 2011

Here is a partial list of commercial bankruptcy filings in Los Angeles County, provided by Timely Info Inc., of Los Angeles. The list generally excludes firms whose debts are less than $100000. Bree Enterprises LLC; DBA: Pet Depot, 23219 W. Via Flored, ...more »

International Transactions
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Analysis: Critics say new law makes them tax agents
ReutersAugust 19, 2011

Signed into law by US President Barack Obama in March 2010, FATCA goes into effect on January 1, 2014, for most types of transactions and a year later for other payments. The phase-in, announced in April, already represents a backtracking by the US ...more »

Commercial Leasing
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Can we claim duress in signing this commercial lease? We are in Dallas; our ...
AvvoAugust 26, 2011

15 years ago we purchased a commercial property to provide the bulk of our retirement income. Since that time the tenant (an international corporation) has demanded five amendments to the lease, each time with a sizable reduction in rent. ...more »

Locating Funds
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Health Law Funding Creates Dilemma For GOP Governors
Kaiser Health NewsAugust 26, 2011

On Thursday, US Health and Human Services Secretary Kathleen Sebelius announced the nationwide distribution of another $137 million from the Affordable Care Act. Nearly $1 million of the grant funds will flow to Texas, for support of smoking cessation ...more »

Communications & Media
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No cyber law use for death penalty: report
ZDNet AustraliaAugust 18, 2011

Greens communications spokesperson Senator Scott Ludlam told the parliament today that the Bill was a "colossal overreach" that would encroach upon the civil liberties of Australians in the name of law enforcement and counter-terrorism, ...more »

Mortgages & Foreclosures
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Bill Aims to Close Revolving Door Between AG, Probed Companies
Sunshine State NewsAugust 11, 2011

The move is in response to one former lawyer in the attorney general's office having done that, but there are at least two other lawyers who worked for the office who also worked for some of the foreclosure-related law firms and services companies that ...more »

Construction & Development
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Alabama Asks for State Supreme Court Opinion in Case on Immigration Law
BloombergAugust 10, 2011

Religious leaders, the US government and a coalition of immigrant and labor organizations have sued to invalidate the law in a trio of cases now consolidated before Blackburn. “A proper construction from the Supreme Court of Alabama may moot the entire ...more »

Non-Profit Corporations
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Death row law office sues to stop former intern's book
The National Law JournalAugust 29, 2011

A nonprofit legal organization in New Orleans that represents the accused in death penalty cases has sued a former intern in an attempt to prevent her from publishing a book based on a client. The Louisiana Capital Assistance Center claimed that ...more »

Contracts Involving State & Minicipality
[read all news]
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 »

Professional Corporations
[read all news]
Houston RAB Law Firm Forms Alliance with L&T Law Firm in Mexico City
San Francisco Chronicle (press release)August 21, 2011

RAB's bilingual attorneys offer legal expertise in matters regarding international and domestic corporate law, commercial litigation, construction law, criminal law, employment law, labor law, family law, governmental relations, immigration, ...more »

Corporate Finance & Taxation
[read all news]
IRS investigates $419-million Vernon bond deal
Los Angeles TimesAugust 29, 2011

Attorneys and experts interviewed by The Times said the IRS audit could be costly for Vernon. They said the probe probably focuses on whether the city's use of bond proceeds violated restrictions on tax-exempt debt. If the bonds are deemed taxable, ...more »

Public Offerings
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One Lawyer's Crusade Against Red Light Cameras
Wall Street Journal (blog)August 29, 2011

Supporters say cameras are an efficient way to enforce traffic laws and ensure public safety. But critics contend that the cameras violate due-process rights, in part because alleged violators are automatically ticketed and don't have the right to ...more »

Creditor's Rights
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What Will Apple Under CEO Tim Cook Look Like?
BusinessWeekAugust 25, 2011

He resigned on Wednesday as CEO of the company he co-founded and brought back from near bankruptcy. In his resignation letter to shareholders, Jobs recommended his longtime chief operating officer as his permanent replacement: “As far as my successor ...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 »

Customs Disputes
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Council Seeks to Limits Conflicts Between Pray and Pay
Gotham GazetteAugust 18, 2011

Intro 656 would limit the extent to which the city Department of Correction could cooperate with federal Immigration and Customs Enforcement, or ICE. Under the US http://www.ice.gov/criminal-alien-program/ Criminal Alien Program, the Department of ...more »

State & Minicipal Bonds
[read all news]
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 »

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 »

Trade Associations
[read all news]
Investors Need Clarity, Changes in Japan's Renewable-Energy Law
BloombergAugust 29, 2011

Japan's clean-energy law coming into effect in 10 months needs to clarify prices paid for renewable power to attract large investment as well as changes to rules for the utilities that monopolize ...more »

Debt Settlement
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Redding, California, landlord filing for reorganization under Chapter 11 ...
Bankruptcy HomeAugust 22, 2011

A former candidate for city council in Redding, California, and area landlord is filing for protection under Chapter 11 bankruptcy law. A former candidate for city council in Redding, California, and area landlord is filing for ...more »

Unfair Competition
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CA Reinstates Bid to Certify Class in Suit Over Mouthwash Claims
Metropolitan News-EnterpriseAugust 19, 2011

In a suit that is now more than six years old, Steve Galfano alleged that Pfizer Inc. violated the unfair competition and false advertising laws by representing that Listerine was just as effective as dental floss in reducing plaque and preventing ...more »

Directors' & Officers' Liability
[read all news]
Corporate Board Member/FTI Consulting Survey Finds Companies Grappling with ...
MarketWatch (press release)August 23, 2011

... +1.68% suggests that recent regulatory action, while well-intentioned, is contributing to governance gridlock and increased liability, with the Dodd-Frank Wall Street Reform and Consumer Protection Act and its whistleblower policy at the forefront. ...more »

Venture Capital
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Venture Capital Investor and Winemaker Garen Staglin Elected to SVB Financial ...
PR Newswire (press release)August 25, 2011

25, 2011 /PRNewswire/ -- SVB Financial Group (SVB), the parent company of Silicon Valley Bank and financial partner to technology companies, wine businesses and venture capitalists worldwide, announced that Garen Staglin, venture capital and private ...more »

False Advertising
[read all news]
Murphy Desmond: Mendoza joins Murphy Desmond SC
Wisbusiness.comAugust 17, 2011

Madison, WI - 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 ...more »

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