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

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Donaldson Walsh Lawyers - Commercial Disputes & Insolvency
NewsMaker (press release)August 1, 2011

Adelaide's Donaldson Walsh Lawyers (DW) has welcomed three accomplished new recruits to a Commercial Disputes & Insolvency team that was already grabbing national attention. Liam McCusker, Mark Gowans and Sarah Annicchiarico previously comprised ...more »

Independent directors? liability not defined
Economic TimesAugust 1, 2011

"People won't join boards if the liability on the independent director is not well defined." Unfortunately, there is lack of clarity on the exact liability of independent directors . A few months ago, the Company Law Board asked the Registrar of ...more »

Business Law News and Stories

Advertising
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The Ad The Religious Right Ran Against Rick Perry's Porn Company
The New Civil Rights MovementAugust 19, 2011

... hate group according to the Southern Poverty Law Center, begged the government to investigate Movie Gallery. “In the ensuing years, the AFA went so far as to undertake a national ad campaign to draw attention to Movie Gallery's porn practices, ...more »

False Advertising
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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 »

Antitrust Law, Domestic
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HP Sues AU Optronics in US Court Alleging It Fixed Prices of LCD Panels
BloombergAugust 24, 2011

A complaint for damages alleging violations of antitrust laws was filed under seal to conceal from HP's competitors confidential information about the company's process for procuring LCD panels, according to a document filed Aug. 19 in federal court in ...more »

Federal Contracts
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Federal Court Upholds Exclusive Video Streaming Contract
Broadcasting & CableAugust 24, 2011

Gannett had argued that as a state actor, the WIAA may not enter into exclusive contracts with private companies to stream entire events online and derive revenue from it, said the Federal appeals court panel in its ruling. The court said there was a ...more »

Federal Grants
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Federal Grants in Changing Times
Memphis Daily NewsAugust 25, 2011

Part one of a four-part series Many organizations and institutions have been fortunate to receive federal funding for one or more projects. Some are small, one-year grants, others are large in relation to the size of the organization's overall budget. ...more »

Banking Law
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Fed Dissenters, Euro Transaction Tax, Zynga, Apple, Melanoma: Compliance
BloombergAugust 18, 2011

The government, which plans to withdraw its guarantees in 2013, this month proposed measures to spur consolidation and help the industry sidestep Europe's toughest insolvency laws. “The central bank is moving independently of the government to ensure ...more »

Foreign Investments
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Shake Off Policy Paralysis
Wall Street JournalAugust 17, 2011

That hasn't taken away China's ability to attract large amounts of foreign investments: between 2008 and 2010 China's inflows surged to nearly $300 billion. The reality is that as long as markets are attractive, operating parameters are clearly laid ...more »

Business Formation
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Trendy New Perk (or Punishment?) for Law Firm Junior Lawyers: Business Education
Wall Street Journal (blog)August 22, 2011

Earlier this year, for instance, we wrote about this new program from Milbank, Tweed, Hadley & McCloy, in which its mid-level associates participate in an eight-day business and law training program for four consecutive years at Harvard University. ...more »

Franchising
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NBA PM: Time to Sell Jersey Ads?
HoopsWorldAugust 22, 2011

The specific infighting might be over amortizing the cost of buying a franchise and including those figures under the umbrella of "basketball related income." Or maybe the players want profits from team-owned cable stations to be fair game for ...more »

Commercial
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Rolls Building court complex can make London 'global legal centre'
The GuardianAugust 19, 2011

From October it is hoped that the Rolls Building will become the new home of the chancery division of the high court, the admiralty and commercial court, as well as the technology and construction court. The government hopes it will attract ...more »

New York Spars in Foreclosure Talks
Wall Street JournalAugust 24, 2011

Bringing in investor claims "is a highly risky way of trying to get a better deal for homeowners because the investors have really different interests," says Prentiss Cox, a professor of law at the University of Minnesota and former assistant attorney ...more »

Commercial Bankruptcy
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SIST bankruptcy cases dismissed
The Shawano LeaderAugust 18, 2011

The ruling means none of the three entities can file new Chapter 11 bankruptcy petitions in any bankruptcy court in the US for one year, prohibits them from filing under a new corporate name and prevents a new filing by any corporate entity that might ...more »

International Transactions
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Energy Law Firm of Burleson LLP Opens Denver Office to Serve Companies in ...
PR Newswire (press release)August 17, 2011

He has managed leasing plays in McKenzie and Williams Counties, North Dakota. Christopher Scolari, who focuses his practice in oil and gas law. He has worked as an independent landman for several years, determining private/state title for land covering ...more »

Commercial Leasing
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Godfrey & Kahn, SC: Announces 2011 Best Lawyer rankings
Wisbusiness.comAugust 31, 2011

... James A. Sheriff (Banking and Finance Law, Financial Services Regulation Law); Peter M. Sommerhauser (Corporate Law, Leveraged Buyouts and Private Equity Law, Mergers & Acquisitions Law); Nicholas P. Wahl (Corporate Law, Mergers & Acquisitions Law) ...more »

Locating Funds
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Will the second part of the California Dream Act become law?
89.3 KPCCAugust 26, 2011

GOP opponents of the bill have stated they would prefer not to spend state funds on educating undocumented students, especially given that many of these students are hard pressed to fully utilize their degrees because they lack legal status, ...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 »

Mergers, Acquisitions & Divestitures
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Department of Justice Sues To Block AT&T's Acquisition of T-Mobile
Toronto StarAugust 31, 2011

The Department of Justice routinely sues to block mergers as a step in extracting merger conditions--it has done so with AT&T's past acquisitions of Dobson and Centennial--but the nature of the complaint in this case leads us to believe that the deal ...more »

Construction & Development
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Builder must repay victims
Darlington and Stockton TimesAugust 16, 2011

Burnside admitted six charges of engaging in an unfair practice, two of fraud, two of aggressive commercial practice and one of engaging in a practice by means of misleading action. He entered his guilty pleas on July 18, the day he was due to face a ...more »

Mortgages & Foreclosures
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Mass. City approves tough anti-foreclosure laws
ForbesAugust 23, 2011

The city council in Springfield, Mass. has passed what advocates are calling the toughest municipal anti-foreclosure legislation in the country. The council on Monday voted unanimously to approve an ordinance that requires mortgage lenders to engage in ...more »

Contracts Involving State & Minicipality
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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 »

Non-Profit Corporations
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Lessons for athletes 'Just a concussion'? JC-based nonprofit tests students
The Hudson ReporterAugust 21, 2011

Lager founded the Jersey City-based Cleared to Play, a nonprofit dedicated to treating concussions and educating the public about their dangers. The organization, which Lager runs with colleague Orlando Gonzalez, MD, is currently focused on treating ...more »

Corporate Finance & Taxation
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Texas Legislature: New state, local laws take effect this week
El Paso TimesAugust 29, 2011

But Studer said the city is estimating $250000 from the shopping center because the Commissary and Post Exchange are tax-exempt and because the city's portion of the tax is closer to half a percent. The new laws "are not going to solve all our problems ...more »

Public Offerings
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Public Notices, August 25
San Fernando Valley SunAugust 25, 2011

If you have previously been discharged through bankruptcy, you may have been released of personal liability for this loan in which case this letter is intended to exercise the note holder's rights against the real property only. ...more »

Creditor's Rights
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NPC Standing Committee upholds sovereign immunity
China DailyAugust 26, 2011

FG Hemisphere was not the original creditor, but it purchased the debt from a Yugoslav company which had contracted to build infrastructure projects in DR Congo in the 1980s. The republic defaulted on payment. The US firm chose Hong Kong as the venue ...more »

Reorganizations & Restructuring
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Court approves Harry and David reorganization plan
BusinessWeekAugust 31, 2011

The restructuring plan was approved by the United States Bankruptcy Court for the District of Delaware With consumer priorities reshuffled during the recession, the demand fruit basket and gourmet gifts evaporated. Harry & David entered Chapter 11 ...more »

Customs Disputes
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Man's sentence 'spotlights' tensions between residents, border patrol
Seattle Post IntelligencerAugust 5, 2011

They also claimed he flipped off Customs and Border Protection officers several times after his arrest. Prior to sentencing Thursday, Assistant US Attorneys Jerrod Patterson and Jill Otake described Groen as utterly remorseless. ...more »

State & Minicipal Bonds
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Room for Debate: A Running Commentary on the News
New York TimesAugust 24, 2011

Jonathan H. Adler is a professor of law and the director of the Center for Business Law and Regulation at the Case Western Reserve University School of Law, where he teaches several environmental and regulatory courses. There's plenty not to like about ...more »

Debt Settlement
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Judge approves Louisville Orchestra's plan to exit Chapter 11 reorganization ...
Bankruptcy HomeAugust 17, 2011

After filing for protection under bankruptcy law in December with $412000 listed in assets and $1.4 million in liabilities, the Louisville Orchestra has emerged from Chapter 11 bankruptcy. After filing for protection under bankruptcy ...more »

Trade Associations
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US court declines to examine Levi's EU trade mark infringement claims
Out-Law.comAugust 31, 2011

Levi also asserted a number of claims against Papikian under US federal and state law to a Californian district court. Under the provisions of the Directive trade mark proprietors are entitled to prevent third parties using similar or identical signs ...more »

Directors' & Officers' Liability
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An illegal, misguided law
Tbo.comAugust 25, 2011

For example, federal defendants charged with (or previously convicted of) possession of a firearm by a felon whose underlying felony was Florida's unconstitutional drug statute, or federal inmates whose sentences were increased based upon a prior ...more »

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