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

Top Picks in News

Brewin Dolphin takes Spinningfield office
Manchester Evening NewsNovember 1, 2011

It joins national law firm McGrigors and cloud service provider Outsourcery, flagship designer store Emporio Armani and restaurant Australasia. A 15-year lease has been agreed with developer Allied London and building owner IM Properties. ...more »

MF Global files for bankruptcy, undone by Europe's financial crisis
Los Angeles TimesNovember 1, 2011

MF Global filed for Chapter 11 bankruptcy Monday after sustaining big losses on its holdings of debt issued by Italy, Spain and other troubled European nations. The firm had been run for the last year and a half by Jon Corzine, the former head of ...more »

Business Law News and Stories

Advertising
[read all news]
Los Angeles Traffic Ticket Lawyers at Your Ticket Doctor Now Assist Commercial ...
Sacramento BeeNovember 1, 2011

Do not use the commenting system for advertising. That's spam and it isn't allowed. • Don't use all capital letters. That's akin to yelling and not appreciated by the audience. • Don't flag other users' comments just because you don't agree with their ...more »

Foreign Investments
[read all news]
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
[read all news]
Law Offices of Howard G. Smith Announces Class Action Lawsuit Against ...
Business Wire (press release)November 2, 2011

(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of purchasers of the common stock of OmniVision Technologies, Inc. (“OmniVision” or the “Company”) (NASDAQ:OVTI) between August 27, ...more »

Franchising
[read all news]
La Russa retires, saying 'it's time'
STLtoday.comNovember 1, 2011

FILE - In this Oct. 30, 2011 file photo, St. Louis Cardinals manager Tony La Russa speaks during a victory celebration in honor of the Cardinals' 11th World Series in franchise history, in St. Louis. Three days after winning the World Series, ...more »

Gaming Law
[read all news]
Pols go private on casino dealings
Boston HeraldNovember 2, 2011

“I don't see any reason that a bill to legalize gambling should ever be done behind closed doors,” said I. Nelson Rose, a leading expert on gaming law, noting that Pennsylvania may hold a warning for the Bay State. “They worked out a compromise behind ...more »

Banking Law
[read all news]
Photo Release -- WSFS Announces New Board Director Former Delaware Chancellor ...
MarketWatch (press release)November 1, 2011

Its primary subsidiary, WSFS Bank, is the oldest, locally-managed bank and trust company headquartered in Delaware with $4.2 billion in assets on its balance sheet and $9.3 billion in fiduciary assets, including approximately $1.0 billion in assets ...more »

Government Construction Contracts
[read all news]
House repeals 3 percent withholding rule on contracts
Orlando Business JournalNovember 11, 2011

Business groups complained, however, that the withholding requirement would cause cash-flow problems for honest businesses. Plus, some government contractors, particularly construction companies, operate at such low ...more »

Business Formation
[read all news]
Quote of the Day: Well, Many Lawyers Aren't Good at Math
Above the LawNovember 1, 2011

Our pace would have slowed down even further had we not been successful in making a much larger than usual number of fund formation and litigation placements for a four month period. * denotes multiple placements at the firm in question. ...more »

Institutional Investing
[read all news]
ComEd Customer Bills Expected to Decline in June
MarketWatch (press release)November 8, 2011

The filing does not include costs relating to Modernization Act investments, which will begin by January 2012. If approved by the ICC, the new delivery service rates will be in effect from next June through the end of 2012. ComEd will file its plan and ...more »

Commercial
[read all news]
Law firm and legal eagle are high-flying winners
Doncaster TodayNovember 1, 2011

Legal eagle Natalie Aitken, an employment law specialist at Atteys Solicitors, swooped to pick up the Rising Star crown at the Yorkshire Lawyer Awards. Natalie, who advises commercial and private clients on all aspects of employment law, ...more »

Legislators to consider Illinois health-care exchange
Peoria Journal StarNovember 6, 2011

Aetna believes assessments should be shared by everyone who would benefit from the exchange, including health plans, health-care providers and consumers. Quinn, a Democrat, wants lawmakers to pass a bill that he can sign into law so an exchange board ...more »

Commercial Bankruptcy
[read all news]
Bankruptcy judge rejects competing reorganization plans in Tribune Co. case
Washington PostNovember 1, 2011

s plan to emerge from bankruptcy protection, along with a rival plan from dissident creditors. Judge Kevin Carey said in a 126-page ruling that he may appoint a trustee to help end the 3-year-old case if the media conglomerate cannot come up with an ...more »

Internal Investigative Services
[read all news]
22 internal investigations; WA cop still on payroll
kgw.comNovember 4, 2011

According to one internal investigation conducted in March 2011, Savage was accused of making inappropriate comments about sex and drugs to a 15-year-old girl. Law enforcement sources tell KING 5 there is an internal investigation currently underway ...more »

Commercial Leasing
[read all news]
Brookfield Office buys Four World Financial Center
CTV.caNovember 1, 2011

In a related development, Brookfield has a deal to lease 767000 square feet of office space at the World Financial Center in Lower Manhattan to Bank of America. "Renewing Bank of America/Merrill Lynch for a sizable amount of space at the World ...more »

International Transactions
[read all news]
Russian, Chinese Companies 'Most Likely' To Offer Bribes
RadioFreeEurope/RadioLibertyNovember 2, 2011

According to her, not enough has been done since an Organizatiuon for Economic Cooperation and Development convention -- with the unwieldy title "On Combating Bribery of Foreign Public Officials in International Business Transactions" -- came into ...more »

Communications & Media
[read all news]
Obama Gives Boost to D.C. Law
U.S. News & World Report (blog)November 1, 2011

Venable's Washington office, which depends on regulatory and government work for 40 percent of its revenue, now helps Southern California-based entertainment and biotech clients with interests that involve federal regulation, investigations, ...more »

Romad shaken, stirred at licence loss
Sydney Morning HeraldNovember 1, 2011

IN AN attempt to clean up the Australian financial services licence system and redress weaknesses in the law, the corporate regulator has made a meal of a company that was subletting its licence to companies that were flouting the law. ...more »

Construction & Development
[read all news]
Group Wants Mormon Church Blocked From Future Liquor Law Debates
Fox NewsNovember 1, 2011

They contend such limits on competition in liquor sales and distribution places an unfair restraint on trade that violates federal antitrust laws. Passed by lawmakers earlier this year, most of the new laws became effective in July. ...more »

Locating Funds
[read all news]
Jail those who waste public funds: Scopa
Times LIVENovember 9, 2011

Parliament's committee on public accounts wants financial management laws to be tightened to allow for criminal charges against heads of government departments whose administrations continuously waste public funds. The committee also intends to ...more »

Contracts Involving State & Minicipality
[read all news]
Alabaster could hire school attorney Nov. 5
Shelby County ReporterNovember 2, 2011

1 council work session, during which council members heard from two attorneys looking to contract with the city. Carl Johnson Jr. and Whit Colvin, both attorneys with the Birmingham-based Bishop, Colvin, Johnson and Kent law firm, told council members ...more »

Mergers, Acquisitions & Divestitures
[read all news]
AGL Resources : AGL Resources Reports Third Quarter 2011 Earnings
Reuters (press release)November 2, 2011

... development project delays, adequacy of supply of diversified vendors, unexpected change in project costs, including the cost of funds to finance these projects; the impact of acquisitions and divestitures; including the proposed Nicor merger, ...more »

Corporate Finance & Taxation
[read all news]
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
[read all news]
Dippin' Dots Files For Chapter 11 Bankruptcy
Neon TommyNovember 5, 2011

Dippin' Dots filed for Chapter 11 bankruptcy on Thursday in an attempt to avoid foreclosure, permitting reorganization under US bankruptcy laws. Dippin' Dots, known for flash freezing small beads of ice cream using liquid nitrogen, owes nearly $11 ...more »

Creditor's Rights
[read all news]
MF Global Suspended From LME Trade, CME Clearing on Filing
BusinessWeekNovember 1, 2011

1 (Bloomberg) -- MF Global Holdings Ltd., the holding company that filed for bankruptcy protection, was suspended from trading on the London Metal Exchange. CME Group Inc., the largest futures market, also suspended the broker-dealer unit MF Global ...more »

Non-Profit Corporations
[read all news]
Lukas-Howe: Saying no to tar sands oil
vtdigger.orgNovember 2, 2011

Ingrid Lukas-Howe of Barre, an ordained minister, spiritual director and founder of the non-profit organization Women & Children First. If you believe there is no global warming and if you think big oil companies have our best interest at heart, ...more »

Customs Disputes
[read all news]
International Transactions Lawyer Neil Foster Joins Baker Botts in London
PR Newswire UK (press release)November 1, 2011

Baker Botts is an international law firm with over 725 lawyers and a network of 13 offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life ...more »

Professional Corporations
[read all news]
Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against K-V ...
MarketWatch (press release)November 1, 2011

Plaintiff seeks to recover damages on behalf of class members and is represented by Glancy Binkow & Goldberg LLP, a law firm with significant experience in prosecuting class actions, and substantial expertise in actions involving corporate fraud. ...more »

Debt Collection
[read all news]
Judge rejects both Tribune bankruptcy exit plans
Los Angeles TimesNovember 1, 2011

In a 126-page opinion, US Bankruptcy Judge Kevin J. Carey said neither plan was confirmable under the Bankruptcy Code and threatened to appoint a bankruptcy trustee to resolve the case if the company and its warring creditors can't come up with a ...more »

Public Offerings
[read all news]
Foreclosure law firm is battling rule on accuracy
Buffalo NewsNovember 8, 2011

Attorneys for New York State and a delinquent Buffalo borrower facing the loss of her home squared off in court Monday against Steven J. Baum PC, as the state's biggest foreclosure law firm sought to have a new court mandate for ...more »

Debt Settlement
[read all news]
Mixed 3Q At Anadarko
Daily MarketsNovember 1, 2011

The company ended the third quarter 2011 with roughly $3.48 billion of cash on hand and retained its $5 billion undrawn credit facility. As of September 30, 2011, Anadarko had a total debt of $12.94 billion and long-term debt of $12.8 billion. ...more »

Reorganizations & Restructuring
[read all news]
Sanmina-SCI Reports Fourth Quarter and Fiscal Year End Results
Sacramento BeeNovember 2, 2011

Other Items, which consist of other infrequent or unusual items (including charges for customer bankruptcy reorganizations, litigation settlements, gains and losses on sales of assets and discrete tax events), to the extent material or non-operational ...more »

Directors' & Officers' Liability
[read all news]
Auto insurance fees examined for faults
Bridge MichiganNovember 1, 2011

Before 1972, the year the Legislature enacted Michigan's no-fault auto insurance law, those injured in auto accidents had to collect from the insurance of the driver who was at fault. Under that adversarial system, many claims were denied, ...more »

State & Minicipal Bonds
[read all news]
Biz deadline delayed due to Ala. immigration law
Macon Telegraph (blog)November 4, 2011

The new law requires individuals and general partnerships going to get or renew their annual business and store licenses to show a driver's license, birth certificate or similar document. The law has caused long lines at some courthouses, ...more »

False Advertising
[read all news]
Lawsuit Could Affect Food Industry And Consumers
Sports Radio ESPN 1420November 3, 2011

Lanier says he's joined the legal effort to stop what he calls "false advertising" of HFCS because he has five children and three doctors in his family and he feels a personal connection to the suit. He said he's personally offended at the brazen ...more »

Trade Associations
[read all news]
Sex zone plan leaves Taiwanese cold
Montreal GazetteNovember 6, 2011

Under the law passed by parliament Friday, local governments are allowed to set up special penalty-free sex trade zones, but outside them prostitutes will still be be fined — as, for the first time, will their clients and pimps. ...more »

Federal Contracts
[read all news]
B.C. mayor optimistic about RCMP contract talks
CTV.caNovember 1, 2011

OTTAWA — There appears to be a new tone in RCMP contract talks between Canada's provinces and the federal government just weeks after the federal government issued an ultimatum to sign a deal or lose the RCMP. Langley, BC, Mayor Peter Fassbender, ...more »

Unfair Competition
[read all news]
DOJ OKs filing of cartel case vs LPGMA
ABS CBN NewsNovember 4, 2011

... the justice department pointed out that under Section 19, Article XII of the 1987 Constitution, it is the State's declared policy to "regulate or prohibit" monopolies and to prohibit combinations in restraint of trade or unfair competition. RA No. ...more »

Federal Grants
[read all news]
Abramovich, HSBC, Wells Fargo, H&R Block in Court News
BusinessWeekNovember 1, 2011

The investors asked to amend their suit after US District Judge Richard Berman in Manhattan rejected HSBC's proposed $62.5 million settlement, saying it is “not fair, reasonable or adequate.” “These cases do not belong in a United States court,” the ...more »

Venture Capital
[read all news]
VC investment in Ohio rebounded last year – report
Bizjournals.comNovember 9, 2011

An Ohio State University Fisher College of Business report found that venture capital investment in Ohio companies increased by 81 percent in 2010 . Venture capital investment in Ohio companies surged by 81 percent in 2010 over the recession-scarred ...more »

Archive

Legal and Criminal News in 2016
Legal and Criminal News in 2015
Legal and Criminal News in 2014
Legal and Criminal News in 2013
Legal and Criminal News in 2012
Legal and Criminal News in 2011
Legal and Criminal News in 2010
Legal and Criminal News in 2009
Legal and Criminal News in 2008
Legal and Criminal News in 2007
Legal and Criminal News in 2006
Legal and Criminal News in 2005
Legal and Criminal News in 2004
Legal and Criminal News in 2003
Legal and Criminal News in 2002
Legal and Criminal News in 2001
Book of the Day in our Store
Share it on TwitterFacebook
Labour Law in the USALabour Law in the USA
by Alvin L. Goldman, Roberto L. Corrada
  • Price: $162.00
from $252.05
View
Jeremiah A DentonAttorney at LawPRACTICE AREA: Personal Injury, Professional Malpractice, Family Law, Criminal Defense, Animal Law, Aviation, Military Law & Military Benefits
Richard T StilwellAttorney at LawPRACTICE AREA: Aviation