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

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Objection! Lawsuit Slams Temp Lawyers
Wall Street JournalAugust 3, 2011

The legal malpractice lawsuit, in California state court in Los Angeles, and initially filed in June, is seen in the industry as an important case concerning the quality of work performed by a growing cadre of temp lawyers who are paid as little as $25 ...more »

Politicians Open Front on Abortion in Bay Area
New York TimesAugust 3, 2011

“If the San Francisco city attorney and Board of Supervisors are so concerned about truth-in-advertising by pregnancy care centers,” Carol Tobias, president of the National Right to Life Committee, said in a statement, “they should also force San ...more »

Business Law News and Stories

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Craig party in possible law breach 20, 2011

The commission said it would investigate any electoral law breach where a complaint was made. It said registered parties had to display authorisation on election advertising, and unregistered parties also had to if material could be construed as ...more »

Directors' & Officers' Liability
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Board insurer settles case
Marshall County TribuneAugust 24, 2011

Schools Director Roy Dukes could "not make a comment on situations like that," he said, so Dukes referred questions to the school board's Nashville-based attorney, Sam Jackson. The Board of Education pays a $35863 liability insurance premium every year ...more »

Antitrust Law, Domestic
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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 »

False 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 »

Federal Contracts
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Neshaminy warns teachers against accessing family phone numbers
phillyBurbs.comAugust 19, 2011

School district officials in Neshaminy said they are trying to prevent the teachers union from using phone numbers from a district database to contact parents about the longstanding contract dispute. A document appearing to come from union leaders ...more »

Banking Law
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Madoff: I'm a Victim, Too
Fox BusinessAugust 25, 2011

Rather, he's somewhat of a victim who turned to crime as a way of dealing with unscrupulous Wall Street types that are found all over the financial services business. His explanation of the Ponzi scheme goes something like this: His investors demanded ...more »

Federal Grants
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Missouri 'Facebook' Law: Judge Grants Injunction Against Limits on Online ...
ABC NewsAugust 26, 2011

A new Missouri law would have limited teacher's contact with students online, but a judge has now granted an injunction. (Getty Images) A Missouri judge has granted an injunction against a new state law meant to protect ...more »

Business Formation
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Irvine Sensors Releases Third Quarter Results
MarketWatch (press release)August 17, 2011

IRVINE SENSORS CORPORATION UNAUDITED RECONCILIATION OF NON-GAAP ADJUSTMENTS The following non-GAAP adjustments are based upon the Company's unaudited consolidated statements of operations for the periods shown. These adjustments are not in accordance ...more »

Foreign Investments
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Lawmakers question effectiveness of several tax credit programs
NewsOK.comAugust 25, 2011

The president of a state-affiliated venture capital board came under fire Wednesday from lawmakers concerned about the amount of investments going to out-of-state companies and the number of jobs created in Oklahoma. Members of the Task Force on State ...more »

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Google Backing Of DIY Legal Forms Will Force Lawyers To Lower Fees
ForbesAugust 17, 2011

Having worked as a lawyer, I gravitate towards legal subjects, especially law as it intersects: personal finance, the workplace and small business. My latest book is Estate Planning Smarts -- a guide for baby boomers and their parents. ...more »

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Braves relief trio tough to top
ESPN (blog)August 19, 2011

This isn't the franchise that's going to pick up Arthur Rhodes and give him important innings in a pennant race. Cox and Schuerholz learned this the hard way. The 1992 Braves had hard-throwing young guys Kent Mercker, Mike Stanton and Mark Wohlers, ...more »

Commercial Bankruptcy
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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 »

Government Construction Contracts
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Saudi construction sector in upswing
Saudi GazetteAugust 17, 2011

The government's focus to fulfill its citizen's demands for improved infrastructure capabilities played a significant role as more than 31 percent of the value of awarded contracts during the second quarter were directed toward infrastructure related ...more »

Commercial Leasing
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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 »

International Transactions
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Air Cargo Sector: Eden Yet Undiscovered
Leadership NewspapersAugust 21, 2011

With time-definite international transactions, production flexibility and speed characterising much of the new economy, it is almost certain that air cargo would continue to play an increasingly vital role in the global economy. ...more »

Communications & Media
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AT&T Bid for T-Mobile Faces Review in California
BloombergAugust 10, 2011

She also worked as an antitrust law and communications law professor at Santa Clara University before Gov. Jerry Brown appointed her to the public utilities commission this year. She's now on sabbatical from the school. “She is brilliant,” said Allen ...more »

Police gain capability to retrieve license photos during stops
Issaquah PressAugust 27, 2011

The initial agency in the state to gain the ability to view license photos through ACCESS is the Lewis County Sheriff's Office. Most law enforcement agencies in the state should gain the ability by November. “Having DOL pictures instantaneously will ...more »

Construction & Development
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Free legal advice days offered
News24August 24, 2011

Cape Town - The department of justice and constitutional development will host legal advice days to make the public more aware of legal services available. "We're grateful to the legal profession: The Cape Bar Council as well as the Law Society as well ...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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Regenerating Heart Muscle
UC Los AngelesAugust 10, 2011

... Daily News reported Tuesday that the UCLA School of Law has received a $10 million gift from education reform advocate and philanthropist Lowell Milken, which will be used to establish the Lowell Milken Institute for Business Law and Policy. ...more »

Non-Profit Corporations
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IRS pulls non-profit status from dozens of groups
The Downey PatriotAugust 25, 2011

At least in the eyes of the Internal Revenue Service. From social clubs and political associations to local churches and charitable foundations, more than 75 community organizations lost their non-profit status this month after allegedly failing to ...more »

Corporate Finance & Taxation
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Dave Sather's Money Matters: What is fair taxation?
Victoria AdvocateAugust 24, 2011

On Aug. 14 Warren Buffett penned an article in the New York Times stating it was time for the rich to pay more in taxes. As you can imagine, this set off a fire storm of comments both pro and con. Buffett's comments come at a time when ...more »

Professional Corporations
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How Libyan Rebels Got A $120000 Micro-Drone
ForbesAugust 26, 2011

Most recently, I was an editor at Above the Law, a legal blog, relying on the legal knowledge gained from two years working for corporate law firm Covington & Burling -- a Cliff's Notes version of law school. In the past, I've been found slaving away ...more »

Creditor's Rights
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Cohen & Grigsby Announces Addition of Christine Bowers to Business and Tax Group
PR Newswire (press release)August 24, 2011

24, 2011 /PRNewswire/ -- Cohen & Grigsby, a business law firm with headquarters in Pittsburgh, PA and an office in Bonita Springs, FL, is pleased to announce the appointment of Christine Bowers as senior counsel in the firm's Business and Tax Group. ...more »

Public Offerings
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San Francisco NAACP calls on City Attorney Dennis Herrera to resign
San Francisco Bay ViewAugust 18, 2011

If Mr. Nuru committed any wrongdoing seven years ago, why didn't Dennis Herrerra, who was city attorney at the time, charge Mr. Nuru with anything? Dennis Herrera knows that Mr. Nuru is among San Francisco's most dedicated African American public...more »

Customs Disputes
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Minority groups fight HMRC's online VAT stance
Accountancy AgeAugust 17, 2011

THE RECENT consultation document from HM Revenue & Customs on online VAT filing is part of a government-wide move to encourage electronic registration for public services. For government departments that are required to make ...more »

Reorganizations & Restructuring
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Abu Dhabi Sovereign Fund Said to Restructure Equities Teams
BloombergAugust 22, 2011

The reorganization aims to streamline relationships with external fund managers and help pool information within the organization, a spokesman for ADIA said, speaking on condition of anonymity in line with company policy. Previously, the fund was ...more »

Debt Collection
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Ping An to Raise Stake in Bank; Profit Rises 33%
Wall Street JournalAugust 17, 2011

Ping An, in which HSBC Holdings PLC owns a 16% stake, said the deal will boost its banking operations, in line with the company's ambition to become a financial conglomerate with equal strength in insurance, banking and investment. ...more »

State & Minicipal Bonds
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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 »

Debt Settlement
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Morgan Stanley at Brink of Collapse Got $107B From Fed
BloombergAugust 22, 2011

“We have taken the lessons we learned from that period and applied them to our liquidity-management program to protect both our franchise and our clients going forward.” Lake wouldn't say what practices the firm has changed. ...more »

Venture Capital
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Guest Column: Dot on venture capital map has meaning
Memphis Commercial AppealAugust 31, 2011

Silently, online, The Wall Street Journal published its latest map showing "The United States of Venture Capital." Memphis is one of the dots on that map, which depicts the distribution of venture capital funding across the nation in the first six ...more »


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