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

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U.S. to Assist Immigrant Job Creators
Wall Street JournalAugust 2, 2011

"They are trying to facilitate the ability of entrepreneurs to get temporary work visas and green cards when the economy is in the doldrums." Generally, immigrant entrepreneurs must have a specific job offer to qualify for an employment-based immigrant ...more »

What Do They Say About The Lawyer Who Represents Himself?
TechdirtAugust 2, 2011

Apparently, Wolk believes that everyone on the long list of people he sued is against what he stands for, and all of the articles published about him were part of a conspiracy to discredit Wolk because people disagree with his views on tort law. ...more »

Business Law News and Stories

Advertising
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Attorney Stephen Nagins Joins Peretz Chesal & Herrmann as 'Counsel'
AddPR.com (press release)August 18, 2011

Nagin currently serves as Secretary/Treasurer of the Business Law Section of The Florida Bar and earlier in his career worked both in the Florida Attorney General's office and at the Federal Trade Commission – where he successfully represented the FTC ...more »

Federal Contracts
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Pentagon defends efforts to fight waste
ReutersAugust 29, 2011

Government-wide security spending could face an additional $600 billion in cuts unless Congress is able to agree to a compromise to get the federal deficit and $14.3 trillion debt under control. The Commission on Wartime Contracting's report will weigh ...more »

Antitrust Law, Domestic
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SEC's new whistleblower website – 'winning' Dodd-Frank style
Reuters Blogs (blog)August 18, 2011

17 (Business Law Currents) – As the fabled story goes, almost a decade passed between the time that fraud investigator Harry Markopolos first submitted evidence of the Bernie Madoff Ponzi scheme to the SEC's Boston office and his arrest in late 2008. ...more »

Federal Grants
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appeals court grants new trial for former Hazelwood man
Pittsburgh Tribune-ReviewAugust 16, 2011

By Pittsburgh Tribune-Review A federal judge violated a former Hazelwood man's Fifth Amendment right against self-incrimination when the judge instructed a jury that it could consider "any statements made or omitted by the defendant" to decide whether ...more »

Foreign Investments
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Westfield-Based Investment Advisor Sentenced For Fraud
NJ TODAYAugust 18, 2011

To conceal his fraudulent conduct, Chiaese sent many of the investors fake trade confirmations and account statements that made it appear that he had invested their money in securities when he had not. In addition to the prison term, Martini sentenced ...more »

Banking Law
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Non-bank lending violates law
Viet Nam NewsAugust 17, 2011

Then, in 2010, the new Law on Credit Institutions prohibited non-credit enterprises outright from engaging in banking activities. The Law on Credit Institutions prohibits organisations and individuals from borrowing and lending capital, reserving these ...more »

Franchising
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Q&A: 'Law & Order: UK' Head Writer Emilia di Girolamo
Starpulse.comAugust 17, 2011

... I sat down with LOUK's lead writer and a dear friend of mine, Emilia di Girolamo, to talk about what's ahead - like the previously announced cast changes - and how she and the talented team have injected new life into the Law & Order franchise. ...more »

Business Formation
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New Canadian compensation rules make work for issuers in coming proxy season
Reuters Blogs (blog)August 17, 2011

16 (Business Law Currents) With the recent announcement by the Canadian Securities Administrators (CSA) that changes in executive disclosure requirements will apply for financial years ending on or after October 31, Canadian issuers may want to do some ...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 »

Commercial
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Martha Stewart Living Omnimedia, Inc. Names Daniel Taitz Chief Administrative ...
PR Newswire (press release)August 24, 2011

An accomplished lawyer with vast experience in the media business, Mr. Taitz joins MSLO from Univision Communications Inc., where he was Senior Vice President, Business Affairs. In this position he was responsible for business and legal affairs for all ...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 Bankruptcy
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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 »

Father behind Megan's Law runs against NJ senator
Houston ChronicleAugust 30, 2011

"I'm for the public interest, not special interests," the 61-year-old Plainsboro resident likes to say. Republican Richard Kanka believes it's time for a fresh face in Trenton. He's a blue-collar conservative who is known to the region's residents as ...more »

Commercial Leasing
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New Partners Join Sarasota/Clearwater Law Firm to Form Tannenbaum Scro ...
PR Web (press release)August 26, 2011

Mark Hanewich and Liz Alpert join Tannenbaum Scro as partners in leading Florida law firm for commercial and construction litigation, real estate and family law. “We're delighted that Mark and Liz have agreed to join our firm as partners and look ...more »

Internal Investigative Services
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Fullerton police admit cellphone video proves wrong man arrested
Los Angeles TimesAugust 17, 2011

The department has launched an internal investigation into how the mistake occurred. Fullerton's acting chief, Kevin Hamilton, ordered an internal affairs investigation after reviewing video of the incident shot with the cellphone of the arrested man, ...more »

Communications & Media
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Case of 8000 Menacing Posts Tests Limits of Twitter Speech
New York TimesAugust 27, 2011

But this is a criminal case, invoking a somewhat rarely used law on cyberstalking. And it straddles a new, thin line between online communications that can be upsetting — even frightening — and constitutional safeguards on freedom of expression. ...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 »

Construction & Development
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Lack Of Court Opinion Leaves Legal Limbo On Immigrant Tuition - By Megan Poinski
Citybizlist (press release)August 25, 2011

His case was decided nearly three years ago in quick deliberations. Now, the state has two slots parlors in operation and one more under construction, and the Court of Appeals still hasn't released an opinion about it. Kramer says this is essentially ...more »

Locating Funds
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State Law Enforcement Agencies to Receive Federal Grant Money
WBOY-TVAugust 26, 2011

The city of Princeton will receive $14611 to support law enforcement initiatives through the purchase of in-car cameras to help protect officers from false claims and protect the department from fraud.more »

Contracts Involving State & Minicipality
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Some good, some bad in Alabama Legislature's new immigration policy
St. Clair TimesAugust 18, 2011

Comedy Central's Stephen Colbert had a field day recently lampooning a new Alabama business that is offering to make bullets out of the ashes of your cremated loved ones. You can't make this stuff up. But the immigration law itself does raise questions ...more »

Mergers, Acquisitions & Divestitures
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AT&T Hires Bankers For Possible Divestitures
Wall Street JournalAugust 11, 2011

"As we said on the day we announced the merger with T-Mobile USA, we anticipate there will be some divestitures, as we have had in past mergers, but any speculation about the amount of divestitures is premature," said an AT&T spokesman. ...more »

Corporate Finance & Taxation
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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 »

Mortgages & Foreclosures
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Foreclosure fight brings state Attorney General to North Delridge
West Seattle Blog (blog)August 5, 2011

Sugarman said, “It is particularly important right now for trustees to understand and strictly comply with Washington foreclosure law. There have been several changes including a new right for homeowners to request mediation to discuss a possible loan ...more »

Creditor's Rights
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Small business bankruptcies declined in past year
Bankruptcy HomeAugust 24, 2011

A recent study by Equifax finds that the number of small businesses that have filed for protection under bankruptcy law has dropped by 15.32 percent from the first quarter of 2010 to the first quarter of 2011. ...more »

Non-Profit Corporations
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OUR VIEW: The fix may be in for nonprofit option for Memorial
Colorado Springs GazetteAugust 22, 2011

The fix may be in for a rush-to-ballot effort to hand over control of Memorial Health System to a nonprofit board before any serious examination of other options. Colorado Springs City Councilman Tim Leigh, along with two sources who spoke on ...more »

Customs Disputes
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Report rips ICE on enforcement | Philadelphia Daily News | 2011-08-18
Philadelphia Daily NewsAugust 18, 2011

US IMMIGRATION and Customs Enforcement deported people who had no criminal history and posed no threat to the public or national security, according to a report by the American Immigration Lawyers Association. ...more »

State & Minicipal Bonds
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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 »

Debt Collection
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Debt Collection Information Security Guide Revealed
News Junky Journal (press release)August 18, 2011

Pivot Point Security's new Debt Collection Information Security Guide illustrates the various forms of information security attestation like vulnerability assessments, penetration tests, design reviews, ...more »

Trade Associations
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Revive Domestic Manufacturing To Get America Working
California Progress ReportAugust 23, 2011

"Buy American" should be a mandate on all federal, state and local government purchases, consistent with our trade laws. There is no reason our government should be undermining American manufacturers. Our bottom line should be: All federal and state ...more »

Debt Settlement
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UM players could face bankruptcy clawback suits for Ponzi gifts
Sun-SentinelAugust 17, 2011

That is, if they don't voluntarily come forward to repay the bankruptcy trustee overseeing Shapiro's now-defunct investment company, Capitol Investments USA, which is facing more than $100 million in claims from bilked investors. Under bankruptcy law...more »

Unfair Competition
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Top Tobacco And Republic Tobacco Fight Counterfeit Rolling Papers
Convenience Store Decisions (press release)August 24, 2011

... Midwestern Cash and Carry LLC, Midwest Cash and Carry, Midwest Distributors Warehouse, several gas station retail outlets, and various affiliated individuals for trademark infringement, unfair competition and trafficking in counterfeit goods. ...more »

Directors' & Officers' Liability
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New Hampshire Lawmakers to Discuss Landowner Liability
ClaimsJournal.comAugust 22, 2011

... activities will meet Tuesday to discuss how to tighten New Hampshire's law protecting landowners from liability. State Rep. Gene Chandler said Friday he plans to introduce legislation but has not yet drafted a bill. Fish and Game Executive Director...more »

Venture Capital
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The Daily Start-Up: Cisco Collaborates With Versly
Wall Street Journal (blog)August 30, 2011

As WSJ points out, co-founder Larry Page has his fair share of challenges after assuming the top post in April If you ever wondered how venture capitalists price follow-on investments, Fred Wilson of Union Square walks through the process on his blog. ...more »

False Advertising
[read all news]
Fox Rothschild Acquires LA Boutique With Ties to China
The American LawyerAugust 23, 2011

The firm said Monday it acquired IP and business law firm Chan Law Group, including name partner Thomas T. Chan. The IP lawyer will join Fox Rothschild as a partner along with counsel Lisa A. Karczewski and associate Steven S. Hanagami. ...more »

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