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

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Commercial Property news in brief
Manchester Evening NewsNovember 1, 2011

We saw significant interest in the property as a result a new lease was subsequently negotiated with MAX.” “Demand for serviced apartment accommodation has remained strong throughout the UK, and Manchester is no exception; the city is one of Europe's ...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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Sexual harassment settlements: 'cost of doing business'
CNNNovember 1, 2011

The website of Allred's law firm boasts of verdicts from $5 million to $18.4 million. The confidentiality clause is also an attractive near-guarantee that the matter will stay secret, unless someone is subpoenaed to discuss the terms in a court of law...more »

Foreign Investments
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Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset ...
MarketWatch (press release)November 1, 2011

As of Oct. 31, 2011, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company's asset coverage ratio under the 1940 Act with respect to senior ...more »

Antitrust Law, Domestic
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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 »

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What are Franchise Disclosure Documents? (press release)November 1, 2011

For people looking to start franchises in Canada, there are some important documents that one can analyze in order to make a more informed decision about starting up the franchise. Franchise disclosure documents show to potential franchisees a ...more »

Gaming Law
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Rid Internet gambling dens from bay area
Tampabay.comNovember 1, 2011

Murman has attempted to craft an effective tool for law enforcement. The measure would not affect fundraising efforts for schools and the like, or legitimate arcades and bingo games. The commission has no excuse for getting cold feet and adopting a ...more »

Banking Law
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2 ex-State Street executive cleared of charges
BusinessWeekNovember 1, 2011

Two former executives of State Street Bank & Trust Co. have been cleared of federal civil fraud charges of misleading investors about their potential risk from subprime mortgage investments in 2007. The chief administrative law judge at the Securities ...more »

Government Construction Contracts
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NY group seeks local government mandate relief
Wall Street JournalNovember 2, 2011

—Add factors that include a local government's ability to pay in a labor contract arbitration and making the process more transparent. —Eliminate some state provisions in public construction that drive up the cost by assuring more union work. ...more »

Business Formation
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Martin Walsh Joins Elevate to Lead Mergers and Acquisitions
MarketWatch (press release)November 1, 2011

Prior to joining Elevate, Mr. Walsh was managing partner of a private practice law firm focusing on emerging growth companies and corporate and business transactions. Mr. Walsh received his law degree with concentrations in business transactional law...more »

Institutional Investing
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Sterling Financial Corporation and First Independent Investment Group Announce ...
MarketWatch (press release)November 7, 2011

Sterling was advised by the investment banking firm of Barclays Capital and the law firm of Patton Boggs LLP. First Independent Bank was advised by the investment banking firm of Sandler O'Neill & Partners and the law firm of Lane Powell PC. ...more »

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How to balance e-mail privacy with employer policies
Smart Business NetworkNovember 1, 2011

“As of mid-2010, approximately 40 percent of corporate employees used employer-provided mobile devices to send and receive electronic messages,” says Andrew D. Campbell, a commercial litigation partner at Novack and Macey LLP. ...more »

Herman Cain Harassment Flap Puts Pressure on General Counsel
Corporate CounselNovember 4, 2011

Communicate with the media early and often, Engelmann advised, but base it on accurate facts. "You need to set up a relationship with the media; let them know you'll come back as you learn more facts," he added. He noted that privacy laws have to be ...more »

Commercial Bankruptcy
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MF Global bankruptcy shows regulatory resolve
Reuters Blogs (blog)November 1, 2011

While the collapse is expected to be handled under pre-Dodd Frank bankruptcy laws and under the Securities Investor Protection Corp., it may signal that regulators are prepared to take earlier action when they see uncovered financial risks. ...more »

Internal Investigative Services
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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
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Underground Energy announces agreement to acquire 44172 acres (33037 net) of ... (press release)November 1, 2011

The Company has also identified additional structures on the leased lands utilizing 2D seismic. These structures, which are adjacent to the Zaca Field Extension, are also prospective for oil and gas in the Monterey shale. ...more »

International Transactions
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The Players, The Transactions, The Contracts and the Legal Environment
Who's Who LegalNovember 2, 2011

The talent of these attorneys rests on their fluency in the language of international franchising – the players, the transactions, the contracts, and the legal environment. International franchising is alive and well notwithstanding daunting global ...more »

Communications & Media
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Espionage case takes new twist
NewsDayNovember 1, 2011

Mangwende and non-executive director Rwodzi, together with Chiku of Global Satellite Systems, are being charged with espionage and contravening Section 33 (i) of the Postal and Telecommunications Act which makes it an offence for one to illegally ...more »

Tenn. Democratic leader outlines efforts to repeal voter ID law
TriCities.comNovember 3, 2011

Under the new law, effective Jan. 1, the state's voters will be required to bring a federal- or state-issued photo identification card such as a driver's license, passport or military ID with them to the polls. People who do not have this ...more »

Construction & Development
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Upcoming WPL Webinar to Focus on Change Orders in Construction Projects
PR Web (press release)November 1, 2011

His courses have included “Construction Management and Technology” and “Construction Law” for the Master of Real Estate Development program. Following their presentations, there will be an interactive 10-to-15 minute question-and-answer session ...more »

Locating Funds
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The legal landscape for MF Global's Jon Corzine
ReutersNovember 3, 2011

After MF Global filed for Chapter 11 bankruptcy on Monday, regulators said a large amount of customer funds were unaccounted for. Reuters also has reported that the FBI is showing preliminary interest in regulatory probes looking into the missing funds ...more »

Contracts Involving State & Minicipality
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Florida Disbars 12 Attorneys
North Country GazetteNovember 1, 2011

(Admitted to practice: 1973) McNerney pleaded guilty in court to conspiracy to commit mail and wire fraud, a felony. William Timothy O'Toole, 1489 W. Palmetto Park Road, Suite 494, Boca Raton, suspended until further order, following a July 25 court ...more »

Mergers, Acquisitions & Divestitures
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LLY, BMY, SD, IPG, SLB - Stocks to watch at NYSE
Health Talk & YouNovember 1, 2011

... corporate strategy, directs collaborative inter-agency programs, establishes financial management and operational controls, oversees agency's compliance, guides personnel policy, conducts investor relations and oversees mergers and acquisitions. ...more »

Corporate Finance & Taxation
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Mining lawyers reject federal resources takeover
The AustralianNovember 1, 2011

He has prepared a private member's bill granting greater federal powers over the approval of mining leases and has made this a condition for backing the government's mineral resources rent tax. Mr Blakiston, who is a partner at law firm Gilbert + Tobin ...more »

Mortgages & Foreclosures
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Hastings Star GazetteNovember 3, 2011

... the assessment lien and foreclosure of said lien, and all notice and other requirements of applicable statutes. 5. As of the date of this notice the amount due, after acceleration pursuant to the Association's Declarations and By-laws, is $1918.50. ...more »

Creditor's Rights
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Judge rejects both reorganization plans for Tribune
Crain's Chicago BusinessNovember 1, 2011

LP Hedge fund Aurelius Capital Management LP, which bought Tribune debt on the market, and creditor trustees Deutsche Bank & Trust Co., Law Debenture Trust Co. of New York and Wilmington Trust Co. backed the rival plan. These creditors held debt issued ...more »

Non-Profit Corporations
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'Chinese mine firms flout labour laws'
Times of ZambiaNovember 4, 2011

... which violated Zambia's national laws or international labour standards. “Miners in these companies who spoke to Human Rights Watch repeatedly expressed gratitude to the Chinese investors for their jobs and the enormous investment being made. ...more »

Customs Disputes
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YOUR VIEW: Could Alabama immigration law give legal status to illegal immigrants?
The Birmingham News - (blog)November 1, 2011

By Letters from our readers A labama law enforcement is trying to come to terms with the new immigration law on how to handle an arrest for minor violations and no Alabama-approved proof of citizenship. So authorities turn to the Alabama Administrative ...more »

Professional Corporations
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The Doe Run Company Promotes Matt Wohl to Vice President of Law
PR Web (press release)November 4, 2011

He will also oversee all other legal matters, including permitting, the interpretation of regulations and statutes, compliance and internal and external counsel for company operations. The Doe Run Company is pleased to announce that Matthew Wohl has ...more »

Debt Collection
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Are Occupiers Finally Learning The Value Of Competent Lawyering?
Above the LawNovember 1, 2011

And it's not like “the banks” or whoever can't fight back. Occupiers might be angry at Wall Street or corporate America or whoever, but it's “the law” that will be in charge of actually crushing their little movement. The people in Oakland already saw ...more »

Public Offerings
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Kevin White corruption trial begins
WTSP 10 NewsNovember 2, 2011

Tampa, Florida - Kevin White, a former Hillsborough County Commissioner, faces 10 federal charges related to public corruption, including bribery. US Attorney Robert McNeil is prosecuting this case himself. In opening statements, he outlined for the ...more »

Debt Settlement
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Kramer Levin Named Law Firm of the Year in Bankruptcy Litigation
Sacramento BeeNovember 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 »

Reorganizations & Restructuring
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Bankruptcy Court Confirms Perkins & Marie Callender's Inc.'s Plan of ...
Sacramento BeeNovember 2, 2011

Confirmation of the Plan clears the way for the Company to emerge from bankruptcy by the end of November in a significantly strengthened financial position. Jay Trungale, the chief executive officer of the Company, said, "The Bankruptcy Court's...more »

Directors' & Officers' Liability
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"Best Law Firms" Rankings by US News and Best Lawyers® Lists Gair, Gair ...
MarketWatch (press release)November 1, 2011

The firm also ranked in the top tier in five legal specialties in the New York City Metropolitan Area in Legal Malpractice, Medical Malpractice, Personal Injury Litigation, Product Liability Litigation and Professional Malpractice Law. ...more »

State & Minicipal Bonds
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Obama health care law has unexpected beneficiaries
The Associated PressNovember 3, 2011

Employer-sponsored health insurance for retirees has been shriveling for years, ever since companies were required to report the estimated liability to investors. Democrats who wrote the new law wanted to provide an incentive for employers to keep ...more »

False Advertising
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Hiring of lawyers is rising slowly, survey shows | Philadelphia Inquirer ...
Philadelphia InquirerNovember 1, 2011

The demand is for lawyers with several years of experience in litigation, commercial transactions and health care, reflecting a modest uptick in work in those practice areas, the survey said. "Signs of a tightening talent market are becoming more ...more »

Trade Associations
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The Trouble With Taiwan's New Prostitution Rules
Wall Street Journal (blog)November 16, 2011

The amendment to the Social Order and Maintenance Act stipulates local governments can designate a special sex trade zone for consenting adults. However, all 22 county and city mayors have spoken against fencing off a sex zone in their district on ...more »

Federal Contracts
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Forestry contracting and prevailing greed in Oregon's woods
OregonLive.comNovember 1, 2011

What does that tell us about stimulus funds, job creators, the vitality of American workers and the federal contracting process? "We've set up a system that is easily gamed," Rep. Peter DeFazio, D-Ore., said. "Especially when the Bush administration ...more »

Unfair Competition
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Future of tax-free Internet shopping in jeopardy
CBS NewsNovember 2, 2011

The Democrat-backed Senate bill says that states that adopted a "streamlined" approach--aimed at simplifying their tax system--can require out-of-state retailers to "collect and remit sales and use taxes." A recent draft of the Republican ...more »

Federal Grants
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Approval of interim chief's contract on council agenda
InMaricopa.comNovember 1, 2011

3.3 The Mayor and City Council shall hear a presentation by Grants Manager Mary Witkofski on proposed changes to the Maricopa Non Profit Funding Program. 3.4 The Mayor and City Council shall hear a presentation by Fire Division Chief Mark Boys on Long ...more »

Venture Capital
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For Venture Capital, Silicon Valley Zip Code Not Required
Business InsiderNovember 2, 2011

... Seattle, Pennsylvania, Boston, California (three in SoCal, three in NoCal), Texas and Europe. So if you agree and don't believe you need a zip code in the Silicon Valley to be successful, then your venture capital firm doesn't need one either. ...more »


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