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

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Conceal carry law starts Tuesday
Today's TMJ4November 1, 2011

Milwaukee County District Attorney John Chisholm is urging gun owners who get the permits to make sure they know the law before actually using their gun. "Before they can threaten to use force or actually use force, there's going to be serious ...more »

Attorney General Kamala Harris to Round Up Homeless Sex Offenders Tonight
SF Weekly (blog)November 1, 2011

In compact San Francisco, the law has meant that the parolees can't live anywhere indoors at all, and have instead been living in vans, on a series of couches, or on the street. In today's press conference, state adult parole director Robert Ambroselli ...more »

Business Law News and Stories

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Schwabe Receives National Recognition as Law Firm of the Year in Timber Law
MarketWatch (press release)November 1, 2011

PORTLAND, Ore., Nov 01, 2011 (BUSINESS WIRE) -- US News -- Best Lawyers magazine, one of the nation's leading publication in the rankings of law firms and attorneys, recently named regional law firm Schwabe, Williamson & Wyatt "Law Firm of the Year" in ...more »

Foreign Investments
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Federal IT Management Comes Up Short
E-Commerce TimesNovember 1, 2011

In the critical area of IT procurement, GAO found that although CIOs were "assigned by law" with the authority to be accountable for IT management, many CIOs faced limitations in their ability to influence IT investment decision making. ...more »

Antitrust Law, Domestic
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WSU hosts 'Business and the Bill of Rights'
Moscow-Pullman Daily NewsNovember 1, 2011

Business and the Bill of Rights, a free public symposium at WSU, will cover business, law and ethics topics. The symposium is 8 am-5 pm Saturday in Todd Hall 278. An online service is needed to view this article in its entirety. ...more »

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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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Call grows louder for Maine to regulate gambling as more casino developers ...
Washington PostNovember 3, 2011

Unlike most states that allow casino gambling, Maine has no state regulations addressing issues such as how many are allowed, where they can be located or how their revenues should be shared with the state, Barrow said. “It's an industry that's growing ...more »

Banking Law
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Ameriana Bancorp Reports Third Quarter Net Income of $298000, or $0.10 Per Share
MarketWatch (press release)November 1, 2011

This news release contains forward-looking statements within the meaning of the federal securities laws. Statements in this release that are not strictly historical are forward-looking and are based upon current expectations that may differ materially ...more »

Government Construction Contracts
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Colluding builders fined $1.3 million
Brisbane TimesNovember 2, 2011

Three Queensland-based building firms have been fined a combined $1.3 million for undermining competition by discussing contract prices before tendering on government construction projects. The nation's competition watchdog took action against Woollam ...more »

Business Formation
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'We need new laws against cyber crime' says security specialist NCC Group
Manchester Evening NewsNovember 1, 2011

The government needs to draft in new legislation to combat the growing threat of cyber crime to businesses and public sector organisations. That is the view of the boss of Manchester security specialist NCC Group, who reacted to warnings from Iain ...more »

Institutional Investing
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Huntingdon Real Estate Investment Trust Prices $40 Million Public Offering of ...
Canada NewsWire (press release)November 3, 2011

... applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws. HREIT is a real estate investment trust which is listed on the Toronto Stock Exchange under the symbols HNT.UN (Trust Units) and HNT.DB. ...more »

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'Little Nicky' Scarfo's son charged in massive fraud
Philadelphia InquirerNovember 1, 2011

Authorities allege that Pelullo and Scarfo were behind-the scenes operatives who orchestrated a series of business deals in which FirstPlus bought or invested in companies the two had set up in Philadelphia and South Jersey. ...more »

Interest Groups Dominate Judicial Elections, According to Report
State JournalNovember 1, 2011

... to money and ideologies instead of constitution and the law," the report states. The report concluded that nearly 30 percent of all money spent in 2009-10 was contributed by interests groups, which it states is "far higher than four years earlier. ...more »

Commercial Bankruptcy
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MF Global files for bankruptcy protection
AHN | All Headline NewsNovember 1, 2011

When publishing articles from AHN we require that you follow several simple rules and that you abide by our Terms and Conditions. Use and display the provided article text on a website or blog. You may not republish the article(s) wholesale, ...more »

Internal Investigative Services
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Rape-accused teacher not off the hook
News24November 19, 2011

Now R216.95 Pretoria - An East Rand school teacher accused of raping eleven of his Grade 11 pupils faces internal investigations, Gauteng Education MEC Barbara Creecy said on Friday. This would happen despite reports that criminal charges against him ...more »

Commercial Leasing
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Venoco, Inc. Announces Third Quarter 2011 Financial and Operational Results
MarketWatch (press release)November 1, 2011

Venoco's third quarter lease operating expenses (LOE) of $18.06 per BOE were higher than previous quarters due primarily to non-recurring work at its offshore platforms, which included returning an idle well to production at Platform Grace. ...more »

International Transactions
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Roundtable: Commerical Litigation 2011
Who's Who LegalNovember 2, 2011

This litigation usually involves issues affecting fundamental rights, which are entrenched in the Constitution. We have also seen a significant increase in litigation in relation to mining law issues. Changes in South African mining and prospecting ...more »

Communications & Media
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Hollywood stirs outrage with comedy filmed in notorious Chinese city
Washington PostNovember 1, 2011

... obey the law. A mix of urban sprawl and rural villages, Linyi is the home -- and also prison -- of Chen Guangcheng, a prominent legal activist jailed from 2006-2010 and now held incommunicado along with his wife and young daughter. Relativity Media...more »

CDA will inspect firms hiring social workers to ensure compliance with law
Gulf TodayNovember 3, 2011

DUBAI: The Social Regulatory and Licensing Sector of the Community Development Authority (CDA) on Wednesday, had urged all Dubai social service professionals, social care workers, special education teachers, therapists and ...more »

Construction & Development
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CAFC Refuses to Clarify Claims Construction Law, Deference
IPWatchdog.comNovember 1, 2011

The Federal Circuit was created to bring certainty to the law, but what has transpired over the course of the last 10 years or so seems to be anything but certainty and stability. For crying out loud a patent is a property right and for any property ...more »

Locating Funds
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Legislator probed over funds for religious school
Washington ExaminerNovember 5, 2011

Also, Arkansas Code Annotated 6-45-106 (a)(1)(B) requires a review of the programs to ensure they don't violate the First Amendment, which prohibits the federal government from making any law respecting an establishment of religion, while also allowing ...more »

Contracts Involving State & Minicipality
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Law Offices of Howard G. Smith Announces Class Action Lawsuit Against HCA ...
Bradenton HeraldNovember 1, 2011

Specifically, the Complaint alleges that the Registration Statement and Prospectus failed to disclose that: (a) the Company improperly accounted for its prior business combinations in violation of Generally Accepted Accounting Principles, ...more »

Mergers, Acquisitions & Divestitures
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Marcum Cronus Partners Pleased to Announce Beacon Group Acquisition of TECT ...
MarketWatch (press release)November 8, 2011

Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Marcum Cronus Partners is an investment banking firm that provides financial advisory and investment banking services. The clients of the firm are publicly traded ...more »

Corporate Finance & Taxation
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China orders Ai Weiwei to pay $2.4 million for "tax evasion"
ReutersNovember 1, 2011

Ai said he had not received any evidence of tax evasion, adding that he did not believe the company had evaded payment. "Up till this day, Fake Company has not seen any account statements," Ai said. "I told them: 'This is not reasonable. ...more »

Mortgages & Foreclosures
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Let's talk about foreclosures
Boston HeraldNovember 1, 2011

Bankers group honcho Kevin Kiley said unscrupulous homeowners could simply use mediation requirements to drag out the foreclosure process. “The longer we have properties in limbo, the more difficult it will be to get out of this housing morass that ...more »

Creditor's Rights
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Grubb & Ellis Company Selected to Promote Bankruptcy Auction of 1340 Acres of ...
MarketWatch (press release)November 2, 2011

The team will promote the auction on behalf of Bryan Cave LLP, a leading global business and litigation firm representing the five banks. With no initial bids permitted, the live absolute auction will be held Dec. 12. The land sale is expected to be ...more »

Non-Profit Corporations
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Scores up in math, not in reading
Columbus DispatchNovember 2, 2011

Whether you're looking to intern with a large corporation or a small nonprofit group, OhioMeansJobs can help you find an internship that fits your schedule and gives you real-world experience, they say. Search the 2010-2011 report card database for all ...more »

Customs Disputes
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Cox Smith Earns 30 First Tier “Best Law Firms” Rankings from U.S. News-Best ...
PR Web (press release)November 1, 2011

The firm also earned First Tier rankings in Austin for Health Care Law, in Dallas for Arbitration and Insurance Law, and in El Paso for Immigration Law, International Trade & Finance Law, and Personal Injury Litigation: Defendants. ...more »

Professional Corporations
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Limiting your company's legal risk by negotiating form contracts
Smart Business NetworkNovember 9, 2011

By negotiating the form contract presented to him, a savvy building owner in Los Angeles was able to collect 15 years of rent from an outdoor sign company even though the sign company was prevented by law from constructing a sign on the building. ...more »

Debt Collection
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Consumer bureau to start review of financial rules
MarketWatchNovember 1, 2011

WASHINGTON (MarketWatch) -- The US Consumer Financial Protection Bureau this month plans to take a stab at streamlining federal regulations that impact consumers and financial firms. Although banks have voiced concern that the new ...more »

Public Offerings
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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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Italian government prepares historic attack on workers
World Socialist Web SiteNovember 2, 2011

In a recent interview with L'Unità, he declared his plan to “open a negotiation with the European partners” to build “the founding political elements of Europe, starting from foreign policy and a common army.” On Monday, Vendola, Bersani and former ...more »

Reorganizations & Restructuring
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Possible layoffs in engineering faculty
BrunswickanNovember 2, 2011

Restructuring in the engineering faculty could mean laying off faculty and staff members, David Coleman, dean of engineering, said. Coleman sent out an email to students, professors and staff in the faculty on Oct. 19, detailing the need for ...more »

Directors' & Officers' Liability
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Role of company's director in corporate governance
Times of SwazilandNovember 1, 2011

The misuse of information by the director could constitute unfair competition, especially if the information has economic value and disclosure of such information will be prejudicial to the company. Therefore an act of a director engaging in ...more »

State & Minicipal Bonds
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Copy this: looser copyright laws make better business sense
Irish TimesNovember 4, 2011

Under current legislation, companies from small start-ups up to Google have argued that various elements, including the lack of a clear US-like “fair use” section within the law, make doing certain kinds of business very difficult. ...more »

False Advertising
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New Target for Advertisement
Advertisement JournalNovember 1, 2011

Times are changing for advertisements. With the advancements in technology, more people are using the Internet and advertisers are definitely taking advantage of this. Advertising for certain products has become especially easy for advertisers. ...more »

Trade Associations
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Yarmouth-based trade publication sued for libel
Kennebec JournalNovember 2, 2011

He has set up a legal defense fund at Preti Flaherty law firm and is soliciting contributions. A call to Pan Am's lawyer, Thad Zmistowski of Bangor, wasn't returned immediately. Were you interviewed for this story? If so, please fill out our accuracy ...more »

Federal Contracts
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GovWin Recon: Nov. 1: HP Wins T4 Prime Award; FirstSource II Draft RFP
govWin (blog)November 1, 2011

The potentially $12 billion multiple-award indefinite delivery/indefinite quantity contract will act as a central source for the purchasing of IT services. Air Force suspends Iron Bow, others from new contracts [Federal News Radio] – The Air Force has ...more »

Unfair Competition
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BASE METALS - European Opening View - Markets under pressure as news flow ...
FXstreet.comNovember 1, 2011

2.1 We do not guarantee that access to this Website will be continuously available and will not be liable if for any reason (including but not limited to) the Website being suspended temporarily and without notice in the case of system failure, ...more »

Federal Grants
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Leaders show support for $45 million intermodal port facility
Jacksonville Daily RecordNovember 1, 2011

On the day applications were due for a federal infrastructure grant program, supporters of a new Jacksonville Port Authority intermodal container transfer facility gathered at the Dames Point Marine Terminal to discuss ...more »

Venture Capital
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AfterCollege Raises Venture Capital Funding for Entry-Level Professional ...
MarketWatch (press release)November 1, 2011

SAN FRANCISCO, CA, Nov 01, 2011 (MARKETWIRE via COMTEX) -- AfterCollege, the largest professional talent network for college students and recent graduates, has raised an undisclosed amount of funding led by Flywheel Ventures. The investment will be ...more »


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