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

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Reportage: LEI's future in the balance
Insurance AgeNovember 1, 2011

... even when some of Jackson's proposals pass into law, forward-thinking companies will continue to thrive. Andrew Parker, head of strategic litigation at Beachcroft, says: “There has been so much focus on personal injury claims with ATE that this ...more »

Followers of Christ case exposes shift in law-enforcement relations
OregonLive.comNovember 1, 2011

The manslaughter trial of Dale and Shannon Hickman exposed a shift in the uneasy relationship between the Followers of Christ and Clackamas County law enforcement. Several years ago, the church and law enforcement reached an agreement that called for ...more »

Business Law News and Stories

Advertising
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The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of INX, Inc.
MarketWatch (press release)November 1, 2011

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters. Powers Taylor, LLP is a boutique litigation law firm that ...more »

Foreign Investments
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Bunge to Invest in Palm Plantation Company
PR Newswire (press release)November 1, 2011

The forward-looking statements included in this release are made only as of the date of this release, and except as otherwise required by federal securities law, we do not have any obligation to publicly update or revise any forward-looking statements ...more »

Antitrust Law, Domestic
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Appleby Law PLLC Selected as "Law Firm of the Year" in Native American Law
MarketWatch (press release)November 1, 2011

ALEXANDRIA, Va., Nov 01, 2011 (BUSINESS WIRE) -- Appleby Law PLLC, an Alexandria, Virginia law firm founded on Nancy J. Appleby's 30-plus years of success at helping clients develop business opportunities on Native American lands, has received an ...more »

Franchising
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Bill Belichick's Stubborness May Prove Costly for Pats
Bleacher ReportNovember 1, 2011

The New England Patriots have undoubtedly been the NFL's model franchise over the past decade. The Pats have won a league best 121 regular season games since the '01 season and in the process, captured three Super Bowl victories. ...more »

Gaming Law
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Beshear, Williams spar over state economy, expanded gambling
Louisville Courier-JournalNovember 1, 2011

Beshear countered that Williams had almost single-handedly prevented gambling legislation from being considered by the full Senate, even though there were the votes to pass it. A caller noted that Williams, while opposing expanded gambling in Kentucky, ...more »

Banking Law
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Cox Smith Earns 30 First Tier “Best Law Firms” Rankings from U.S. News-Best ...
Insurance News Net (press release)November 1, 2011

In San Antonio , the firm earned a First Tier (strongest) ranking in Banking & Finance Law, Bankruptcy & Creditor Debtor Rights/ Insolvency & Reorganization Law, Commercial Litigation, Corporate Law, Employee Benefits (ERISA) Law, Employment Law...more »

Government Construction Contracts
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U.S. Department of the Treasury Awards VSE Corporation Potential $250 Million ...
MarketWatch (press release)November 1, 2011

This contract includes options, which if exercised, would bring the cumulative 10-year maximum potential value of this contract to approximately $250 million. VSE has been the prime contractor for Treasury's Office for Asset Forfeiture (TEOAF) general ...more »

Business Formation
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Andrew, Ruth Madoff Say They Were Unaware of $65 Billion Fraud
BusinessWeekNovember 1, 2011

Bernard Madoff, 73, was arrested by Federal Bureau of Investigation agents on Dec 11, 2008, and his firm was forced into bankruptcy. He pleaded guilty and is serving a 150-year sentence in a federal prison in North Carolina. In describing the family's ...more »

Institutional Investing
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Notice to All Omnivision Technologies Investors Concerning Class Action ...
PR Web (press release)November 1, 2011

... inheritance or as a personal investment, which resulted in a concentrated stock position held with full-service brokerage firms, to consider what recourse is available to recover their investment losses. The Securities Law Firm of Tramont Guerra ...more »

Commercial
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Kansas city missing baby case becoming a circus, critics say
ReutersNovember 1, 2011

KANSAS CITY, Mo (Reuters) - A former lawyer for the parents of a missing Kansas City baby said on Monday she quit in a dispute with a rival New York lawyer, the latest twist in a case that some critics see as a legal and media circus. ...more »

Arizona's SB 1070 defense fund draws donations from across nation, world
Bellingham HeraldNovember 1, 2011

"SB 1070 touches on an issue that other states have an interest in," Wells said. "So, it's really no surprise why people around the US have an interest in it." The top 10 states for donations to Gov. Jan Brewer's SB 1070 legal defense fund, ...more »

Commercial Bankruptcy
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Naples Bay Resort developers argue against bankruptcy
Naples Daily NewsNovember 1, 2011

Nearly six hours of legal arguments on Monday failed to determine whether the developer of the Naples Bay Resort will be forced into Chapter 7 bankruptcy. Lawyers representing three partners in the development group, Basil Street Partners, ...more »

Internal Investigative Services
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Congressman calls on feds to examine Prime Healthcare's billing, taxes
California WatchNovember 7, 2011

Based on another California Watch story, Filner is also asking the Internal Revenue Service to investigate the hospital chain's "apparent tax evasion," based on a charitable gift from a Prime foundation. Filner made his request in two letters: one to ...more »

Commercial Leasing
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Epsilon Energy Ltd. (EPS: TSX) Announces Operational Results for Its ...
MarketWatch (press release)November 1, 2011

12, 2011, Epsilon has completed an evaluation of its horizontal well in Mississippi targeting the Brown Dense Formation. At that time the Company stated its opinion that there is a presence of hydrocarbons but that the formation is too tight to produce ...more »

International Transactions
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Fact Box: MF Global's legal cast of characters
Thomson Reuters News & InsightNovember 4, 2011

Here, a round-up of some of the biggest players: Ziman is advising the star of the show, debtor MF Global Holdings, Ltd. Ziman has acted as counsel to parties on all sides of bankrtupcy transactions, from Motor Coach Industries International in its ...more »

Communications & Media
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Keating Muething & Klekamp Receives National Recognition in "Best Law Firms ...
MarketWatch (press release)November 1, 2011

CINCINNATI, Nov 01, 2011 (BUSINESS WIRE) -- US News Media Group and Best Lawyers(R) released the 2011-12 Best Law Firms rankings in which Keating Muething & Klekamp PLL (KMK(R)) received three national rankings and 28 first tier metropolitan rankings. ...more »

Brown opposes NRA-backed weapons bill
Attleboro Sun ChronicleNovember 10, 2011

Scott Brown's decision not to support a National Rifle Association-backed licensing law has left some area gun owners scratching their heads. Brown, a first-term Republican from Wrentham, has traditionally backed gun rights, but says now he will not ...more »

Construction & Development
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Billionaire Navajos Rated Above California Plan First Bonds: Muni Credit
BloombergNovember 1, 2011

Photographer: Laura Segall/Bloomberg Raymond Nopah, chief financial officer of the Navajo Nation Division of Economic Development, at the site of a proposed entertainment complex in Window Rock, Arizona. Raymond Nopah, chief financial officer of the ...more »

Locating Funds
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Research fund needs funding if Missouri is to compete
STLtoday.comNovember 1, 2011

A more important hurdle comes next spring, when the Legislature must appropriate money for MOSIRA. The law sets up a formula for funding based on job growth, and corresponding tax revenue growth, in a specific set of life sciences industries. ...more »

Contracts Involving State & Minicipality
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Veteran N.J. attorney Craig Sashihara named head of Division on Civil Rights
newjerseynewsroom.comNovember 2, 2011

He worked for the Attorney General's Office for five years handling matters ranging from Superfund litigation to public contract issues in federal and state courts. In 1997, Sashihara went to work for one of New Jersey's largest law firms, McElroy, ...more »

Mergers, Acquisitions & Divestitures
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Mergers and Acquisitions Weekly Roundup: ConocoPhillips and Medtronic at the ...
Wall St. Cheat SheetNovember 19, 2011

... Pipeline Company is up for sale for $1.15B. The company which transports oil between Texas and Oklahoma, will be purchased in part by Enbridge (NYSE:ENB), which will bring total proceeds from its 2010-2012 divestiture program up to $10.5B to COP. ...more »

Corporate Finance & Taxation
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Tradewinds
Salt Lake TribuneNovember 1, 2011

Telesphere, a Phoenix-based telecommunications and Internet services provider, has hired David Fowers as a cloud communications specialist. He will be responsible for the marketing and sales of Telesphere's cloud-based products to business customers ...more »

Mortgages & Foreclosures
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Our FAQ on the Foreclosure Reviews
ProPublicaNovember 4, 2011

If you have other questions about this process, let us know, and we will consider adding it to this FAQ. The home is/was your primary residence. Vacation homes or investment properties will not be eligible. You were in the foreclosure process at any ...more »

Creditor's Rights
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Kramer Levin Named Law Firm of the Year in Bankruptcy Litigation
PR Newswire (press release)November 1, 2011

1, 2011 /PRNewswire/ -- Kramer Levin Naftalis & Frankel LLP is pleased to announce that the firm was named the first "Law Firm of the Year" in Bankruptcy Litigation 2011-2012, by US News & World Report - Best Lawyers Best Law Firms survey, ...more »

Non-Profit Corporations
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Cain to Review Links to a Nonprofit
New York TimesNovember 3, 2011

The internal documents from Prosperity USA suggest that the group, a nonprofit organization, effectively subsidized some early costs of Mr. Cain's presidential bid. Such expenditures would violate federal election and campaign laws, which prohibit ...more »

Customs Disputes
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REED SMITH LAUNCHES GLOBAL ENERGY & NATURAL RESOURCES GROUP
LawfuelNovember 1, 2011

Reed Smith is a global relationship law firm with more than 1600 lawyers in 23 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations ...more »

Professional Corporations
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Citigroup Finds Obeying the Law Is Too Darn Hard: Jonathan Weil
BusinessWeekNovember 3, 2011

It gets worse: Each time the SEC settled those earlier fraud cases, Citigroup asked the agency for waivers that would let it go about its business as usual. (This is standard procedure for big securities firms.) The SEC granted those requests, ...more »

Debt Collection
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Local, State and Federal Government Debt Collection: An Industry Primer from ...
InsideARMNovember 1, 2011

insideARM.com has published a new paid report, Local, State and Federal Government Debt Collection: an Industry Primer — and one of the first estimate of its kind as to the depth and breadth of this market segment. Agencies at all levels of government ...more »

Public Offerings
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IN THE MATTER OF CIVIL COMMITMENT OF G.X.R.
Leagle.comNovember 2, 2011

Patrick Madden, Assistant Deputy Public Defender, argued the cause for appellant GXR (Joseph E. Krakora, Public Defender, attorney). Daniel Vannella, Deputy Attorney General, argued the cause for respondent State of New Jersey (Paula T. Dow, ...more »

Debt Settlement
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Judge rules on Glory to God Ministries foreclosure proceedings
The Desert SunNovember 1, 2011

Hopp also denied a motion by Orr Builders' attorney, Robert Gilliland, to enforce his client's mechanics' lien, which the attorney said supersedes the deed held by the church's original lender, Texas-based Happy State Bank. If the lien was enforced, ...more »

Reorganizations & Restructuring
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Tribune Judge Says He May Issue Bankruptcy Decision Today
BusinessWeekNovember 1, 2011

s bankruptcy said he may issue his opinion about two competing proposals for reorganizing the newspaper publisher this afternoon. US Bankruptcy Judge Kevin J. Carey in Wilmington, Delaware, told Tribune's chief restructuring officer, ...more »

Directors' & Officers' Liability
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How reforms are changing health care risk management
Smart Business NetworkNovember 1, 2011

Third, the provider community did a good job managing the perception of there being an availability-of-care crisis because of malpractice costs. Those have contributed to a downward pressure on health care professional liability claims. ...more »

State & Minicipal Bonds
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The Law Firm of Weiss & Lurie Investigates Interclick, Inc.
MarketWatch (press release)November 1, 2011

... fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at info@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/ . ...more »

False Advertising
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City Attorney files charges against Goldline International
Santa Monica Daily PressNovember 1, 2011

The charges, all of which are misdemeanors and carry a maximum penalty each of one year in jail and fines of between $1000 and $10000, include grand theft by false pretense, false advertising, conspiracy and elder abuse involving transactions that took ...more »

Trade Associations
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Follow the Money: How Industry Is Lobbying To Preserve Reform Law
California HealthlineNovember 2, 2011

D.) on Monday, the Congressional Budget Office reported that repealing the federal health reform law's Community Living Assistance Services and Supports Act would have no effect on the federal deficit. Thune recently introduced a bill (S 720) to ...more »

Federal Contracts
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BUSINESS BUZZ: Learning to apply for federal grants
Sarasota Herald-TribuneNovember 1, 2011

Billions of dollars in federal grants and contracts are available annually for companies that know how to apply for them. Businesses can get practical how-to advice on how to apply for federal research and development grants at a workshop 7:30 am to 5 ...more »

Unfair Competition
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Editorial: Bitter-sweet ending
Jakarta PostNovember 23, 2011

It was a case of lost momentum as the Indonesian under-23 soccer team, competing in the 26th Southeast Asian (SEA) Games, which concluded Tuesday, lost to defending champion Malaysia in the gold medal match in a penalty shootout. What an unfair finale ...more »

Federal Grants
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Grant applicants offered guidance
Rutland HeraldNovember 1, 2011

Peter Welch, D-Vt., offered a workshop Monday at the Rutland Free Library on how to apply for federal grants. Much of the discussion centered on grants.gov, a clearinghouse website for all federal agencies that offer grants. ...more »

Venture Capital
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Life Sciences Venture Capital Investing Falls 18%
Drug Discovery & DevelopmentNovember 4, 2011

Following two quarters of growth, Venture capital (VC) funding in the life sciences sector, which includes the biotechnology and medical device industries, fell 18% during the third quarter of 2011, according to a PwC US report. ...more »

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