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

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Latinos Call for Immigration Reform, Not Record Deportations
Inter Press ServiceNovember 1, 2011

NEW YORK, Nov 1, 2011 (IPS) - In his campaign, President Barack Obama promised to make comprehensive immigration reform a top priority – a pledge mainly directed at Latino voters. But in his nearly three years in office, ...more »

'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 »

Business Law News and Stories

Advertising
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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 »

Foreign Investments
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Sri Lanka planned expropriation law under fire
Lanka Business OnlineNovember 1, 2011

Chandra Jayaratne, a retired business executive who is now active in campaigning for citizens liberties and just rule of law said the 'selective criteria' defined classifying underperforming and underutilized assets could be applied to many other ...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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DFRH Announces the Grand Opening of Their 22nd Buffalo Wild Wings Restaurant ...
MarketWatch (press release)November 1, 2011

DRH is approved to franchise Bagger Dave's in the states of Michigan, Indiana, Ohio, Illinois, Kentucky, and Wisconsin. For more information, please visit www.baggerdaves.com . The Company is also a leading BWW franchisee and currently operates 22 BWW ...more »

Gaming Law
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Sandoval to revive Gaming Policy Committee
VEGAS INCNovember 4, 2011

Sandoval told the State Bar of Nevada's Gaming Law Conference that the committee would have discussions that could lead to policy decisions, legislation and regulations overseeing the rapidly changing gaming industry landscape. ...more »

Banking Law
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Pune crime branch nab youth, crack 28 house break-ins
Daily News & AnalysisNovember 1, 2011

Shinde said he used to come from Ahmednagar, watch a movie and while returning, commit the crime. The general manager of Ruby Hall Clinic, Shahji John, on Monday was duped of Rs4.72 lakh. The amount, in his bank account at HDFC Bank, was illegally ...more »

Government Construction Contracts
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Bribes, Bureaucracy Hobble India's New Entrepreneurs
Wall Street JournalNovember 1, 2011

A handful of Indians control 80% of stock-market capitalization, and big companies have privileged access to land and government contracts, according to a 2009 Asian Development Bank report. Mr. Alva, the X-ray entrepreneur, says government officials ...more »

Business Formation
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Abramovich, CIC, HSBC, Kaupthing, BTA, Galleon in Court News
BloombergNovember 1, 2011

Berezovsky's lawyers also presented documents that said Abramovich was investigated for fraud by Russian officials over an oil deal in 1992. Abramovich said there was no wrongdoing and the case was dropped. “I have never falsified any documents,” he ...more »

Institutional Investing
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Rep. John Klenke says Wisconsin ranks 48th in venture capital investment
PolitiFactNovember 6, 2011

... that one of the CAPCOs invested only about half of the $16.6 million it got under a Wisconsin program designed in the late 1990s to create jobs, taking advantage of loopholes in what some lawmakers are calling a poorly written, badly monitored law. ...more »

Commercial
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Lawyer Conflicts, 'Minimum Life,' China Banks: Compliance
BusinessWeekNovember 1, 2011

Banks may win new trading business in the region's energy industry from utilities because of the tighter restrictions, Foresti said. “Heavy capital requirements deriving from the Capital Requirements Directive” may result in fewer buyers and sellers ...more »

Pa. Rated as Second Costliest Judicial Elections; Candidates Weigh in
PoliticsPANovember 1, 2011

Bert Brandenburg, executive director of the Justice at Stake Campaign, a nonpartisan legal reform group said “Pennsylvania has become a national symbol of special-interest pressure on our courts of law.” But Covey said she feels this has been a ...more »

Commercial Bankruptcy
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MF Global files for bankruptcy
IT Business NetNovember 1, 2011

By GrabNetworks Summary of business headlines: MF Global implodes as bad euro debt bets spark investor stampede; Global population hits 7 billion; Stocks tumble sharply, but October is best month since 1991. MLAA is an image-based filtering technique ...more »

Internal Investigative Services
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Official: Investigations to be done on civilian deaths in Kenya army operation ...
Washington PostNovember 1, 2011

Odinga's remarks came a day after an international medical group said five Somalis in a camp for internal refugees died from an air attack. The Kenyan military acknowledged carrying out an attack but blamed militants for the deaths. ...more »

Commercial Leasing
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Dennis McCarthy: Victims of `Grandma Scam' not alone
Los Angeles Daily NewsNovember 1, 2011

That's the advice Lt. Loren Farell of Los Angeles Police Department's commercial crimes division gives seniors to avoid being the victim of a scam. "There are a thousand ways con artists rip off the elderly, ...more »

International Transactions
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Earnings Preview: MasterCard to report 3Q results
BusinessWeekNovember 2, 2011

The law, which took effect Oct. 1, cut those fees in half. It also includes a provision that allows stores to choose which networks process their transactions. Since rival Visa Inc. holds a far higher market share of debit in the US, analysts have been ...more »

Communications & Media
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The Lady Doth Protest: Arizona Gov. Jan Brewer Tells Morning Joe 'We're Not ...
MediaiteNovember 1, 2011

... border control policy with the implementation of the controversial anti-immigration law SB 1070. “We are not racist,” Brewer insisted. “We are not bigoted but we know that, quote, the liberal media generally wants to shove that race card out there. ...more »

Chicago cemetery awaits new oversight law
WBEZNovember 2, 2011

So state lawmakers passed a bill that requires cemetery licensing and regulation. But the new cemetery oversight act hasn't gone into effect yet. Enforcement can't come soon enough for some people who live near the state's largest cemetery on Chicago's ...more »

Construction & Development
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The Tweet that Roared: Lawyers and Law Firms Navigate Social Media Landmines
The Am Law DailyNovember 2, 2011

It's a question likely to come up more often as law firms grapple with where to draw the line when it comes to how their lawyers use social media within a business culture that traditionally leans more toward discretion. Blogs, LinkedIn, Facebook ...more »

Locating Funds
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Money launderers head crime hit list
Sydney Morning HeraldNovember 6, 2011

The law enforcement response to the growth in money laundering is also increasingly relying on new techniques, such as analysing offshore money movement to detect illicit funds. Another method is the commission's new fusion centre, established last ...more »

Contracts Involving State & Minicipality
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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 »

Mergers, Acquisitions & Divestitures
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10-Q: BERKSHIRE HILLS BANCORP INC
Middle East North Africa Financial NetworkNovember 9, 2011

This acquisition is expected to close early in the second quarter of 2012, subject to conditions set forth in the merger agreement. Berkshire Bank provides 100% deposit insurance protection on all deposit accounts, regardless of amount, ...more »

Corporate Finance & Taxation
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Winners Equal Losers in Perry's Flat Tax Plan, Group Says
BusinessWeekNovember 1, 2011

As a result, reducing tax rates, eliminating taxation of investment income and ending tax benefits for the middle class combine to make the tax system less progressive. Under Perry's proposal, 98 percent of people making more than $500000 a year would ...more »

Mortgages & Foreclosures
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US Regulators: Forclsr Reviews Underway; Compensation Possible
MNI NewsNovember 1, 2011

Another part of the enforcement action was a "comprehensive 'look back' to assess whether foreclosures complied with federal and state laws, whether foreclosures occurred when grounds for foreclosure were not present, such as when loans were performing ...more »

Creditor's Rights
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Shaken and stirred: Vitro's bondholder face-off tests Mexico's bankruptcy law
Financial Times (blog)November 2, 2011

On Tuesday, a group of Vitro's creditors rejected a proposal to restructure almost $1.5bn in debt barely hours after a bankruptcy court-appointed mediator made the offer. The face-off is a tough test of Mexico's new bankruptcy laws, ...more »

Non-Profit Corporations
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Newly unemployed swell workload as legal services struggle to keep up
Annapolis CapitalNovember 6, 2011

Consumer collection cases, including default on debt, wage garnishments and Social Security attachments, have jumped 30 percent. Public benefits cases increased 156 percent, and food stamp cases grew by 72 percent. And that's not counting people who ...more »

Customs Disputes
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U.S. Government Glossed Over Cancer Concerns As It Rolled Out Airport X-Ray ...
ProPublicaNovember 1, 2011

But with the 2009 federal stimulus package, which provided $300 million for checkpoint security machines, the TSA began deploying backscatters as well. Rapiscan won a $173 million, multiyear contract for the backscatters, with an initial $25 million ...more »

Professional Corporations
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MF Global Investors Seek Clarity, as Questions Persist About Accounts
WNYCNovember 3, 2011

Days after the financial firm led by former New Jersey Governor Jon Corzine filed for bankruptcy, some clients are still unable to access their commodities accounts. Days after the financial firm led by former New Jersey Governor Jon ...more »

Debt Collection
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Harrisburg Bankruptcy Judge Tells Vendors City Can Pay Them
BusinessWeekNovember 1, 2011

US Bankruptcy Judge Mary D. France agreed today to issue what she called a “comfort order” requested by Mayor Linda Thompson stating that federal bankruptcy law allows the city to pay its routine bills without the court's special permission. ...more »

Public Offerings
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City attorney works to take public urination, defecation off lewd conduct code
Northwest Cable NewsNovember 1, 2011

by KREM.com & Othello Richards SPOKANE—Spokane City Code considers urinating in public a lewd act as well as a sexual public indecency act, but the city's attorney's office is looking to change that label. They say they are looking to clarify the lewd ...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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Judge Rejects Both Sides' Plans To Restructure Tribune
Contactmusic.comNovember 1, 2011

In a hefty, 126-page opinion in which he invoked the parable of the born enemies, a fox and a scorpion, who had to cooperate in order to cross a river, a federal bankruptcy judge on Monday rejected two proposals for reorganizing Tribune Co., ...more »

Directors' & Officers' Liability
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Why MF Global's auditor isn't liable to brokerage investors
Thomson Reuters News & InsightNovember 1, 2011

And if the trustee in MF Global's Chapter 11 proceeding in Manhattan federal bankruptcy court tries to claim that PwC somehow let the brokerage's officials get away with fraud, he'll run smack into an October 2010 ruling by the New York Court of ...more »

State & Minicipal Bonds
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Law to prosecute inferior products importers coming, says Aganga
The Nation NewspaperNovember 6, 2011

Also, an enabling law is being put in place to prosecute offenders." He said the ministry would soon set up a doing business competitiveness council in collaboration with the organised private sector to remove the barriers, which prevent the industrial ...more »

False Advertising
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The Best Online Advertising of 2012 to Be Named by Internet Advertising...
PR Newswire (press release)November 2, 2011

2, 2011 /PRNewswire/ -- The Web Marketing Association announces the Call for Entries for the 10th annual Internet Advertising Competition (IAC) Awards. The IAC Awards are the first and only industry-based advertising award competition dedicated ...more »

Trade Associations
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No grace period for violators of amended law on sex trade: NPA
eTaiwan NewsNovember 6, 2011

6 (CNA) There will be no grace period following the implementation Sunday of a law amendment that bans sex trade outside of designated districts, the National Police Agency (NPA) said. Except for prostitutes who are already licensed, anyone found to be ...more »

Federal Contracts
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Federal Labor Law Violations Provoke Teamsters Strike at US Foods
MarketWatch (press release)November 1, 2011

More recently, the company agreed to a $30 million settlement with the Department of Justice in the face of charges that it fraudulently overcharged the Department of Defense and Veterans' Administration under contracts to supply American servicemen ...more »

Unfair Competition
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National Consumer Commission wants answers from banks
Moneyweb.co.zaNovember 3, 2011

Mohlala pointed out that she will pursue the matter in line with section 48 of the Consumer Protection Act which deals with unfair, unreasonable or unjust pricing. She said those found to have been in breach of the legislation would face fines and be ...more »

Federal Grants
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Grant writing resources: A primer for new grant writers
Police NewsNovember 1, 2011

And the best news of all is that you can send an e-mail with questions about law enforcement grant writing and get an expert answer in return. PoliceGrantsHelp.com has a cadre of top national professionals ready to help you. ...more »

Venture Capital
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Jennifer Jones & Partners Named "Best Communications Firm" in the Venture...
MarketWatch (press release)November 1, 2011

They award firms which have continually displayed a huge degree of quality, tenacity and strategic ability in the venture capital, private equity, banking and finance, and related fields. Winners were selected via a readership survey of 81500 ...more »

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