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

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Staff director of super-committee in Congress comes well trained
Crosscut (blog)September 1, 2011

Bob Packwood (R), who hired him in 1990 as tax counsel to Republicans on the Senate Finance Committee. Packwood, still regarded as one of Washington's most-knowledgeable sources on taxation, orchestrated a nearly unanimous tax-reform measure in 1986, ...more »

Donald Conkey: Celebrating Labor Day, even when jobs are scarce
Cherokee TribuneSeptember 1, 2011

Few people fully comprehend these powerful words and how they should be used when any segment of America's government becomes too oppressive or unresponsive to a given segment of society. The Labor Movement since 1937 and the Civil Rights Movement ...more »

Business Law News and Stories

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Md. Lawyer Pleads Guilty in Fla. to Federal Teen-Sex Enticement-Attempt Charge
ABA JournalSeptember 1, 2011

In addition to practicing family and business law, he ran an entertainment company and billed himself as a "master balloon entertainer" and magician. He also combined his love of camping with holiday events, using the woods near the family's home in ...more »

Federal Grants
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Both sides see abortion ruling as win
Sioux Falls Argus LeaderSeptember 3, 2011

Planned Parenthood sues the state; US District Judge Karen Schreier grants injunction to stop law from taking effect. 2008: The 8th US Circuit Court overrules 2005 injunction. SD voters reject second abortion ban. 2011: New law requires 72-hour waiting ...more »

Antitrust Law, Domestic
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Full Text Of Culinary Union Letter to FTC Regarding UFC/Zuffa and Anti-Trust ...
Inside FightsSeptember 2, 2011

Zuffa is a private limited liability partnership that promotes and produces mixed martial arts events for the benefit of its owners. The anticompetitive restrictions it imposes on athlete mobility serve no legitimate business justification beyond ...more »

Foreign Investments
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Long arm of American tax law
Winnipeg Free PressSeptember 2, 2011

The fact is that the computer systems of the US Border Service and the IRS are getting better at talking to each other, and in 2012 FATCA (the Foreign Account Tax Compliance Act) has all Canadian banks and financial institutions reporting to the IRS on ...more »

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AP Technology NewsBrief at 12:10 pm EDT
TMC NetSeptember 4, 2011

Kanye West closes first 'Call of Duty' conventionLOS ANGELES (AP) _ Kanye West closed down the inaugural "Call of Duty XP" convention, a two-day event celebrating the popular Activision Blizzard Inc. shoot-'em-up video game franchise, with a concert ...more »

Banking Law
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Feds sue big banks over large losses
Northwest HeraldSeptember 3, 2011

But the lawsuits also raised questions about the toll they might have on the health of the already struggling banking sector and the prospects for a housing market recovery. The federal action also underscored the often contradictory relationship ...more »

Gaming Law
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Quinn disingenuous on gaming bill
The Capitol Fax Blog (blog)September 1, 2011

There was even a trailer to fix the capital bill to tighten up the video gaming regulations. That video gaming law was a quite large legal expansion of gambling (even though the illegal activities already exist all over the state). ...more »

Business Formation
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Business of Law
Denver Business JournalSeptember 2, 2011

Masters has his own firm, Masters Law Firm, in Montrose. Dana Collier Smith, assistant executive director of both the Colorado and Denver bar associations, was named president of the National Association of Bar Executives. BOARDS: The Colorado Defense ...more »

Government Construction Contracts
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Infrastructure Ontario selects Plenary Health Care Partnerships for Toronto ...
Daily Commercial NewsSeptember 6, 2011

Infrastructure Ontario and Humber River Regional Hospital will work with Plenary to finalize contract details this fall. The province will announce the total cost once the financing has closed. The contract will be to design, build, ...more »

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Copyright law supports failing business model - TUANZ head
New Zealand HeraldSeptember 1, 2011

File photo / Thinkstock The head of the Telecommunications Users Association of New Zealand has slammed the new "three strikes" law as an act which "serves only to support a business model that no longer works in the internet age". ...more »

Institutional Investing
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The Law Firm of Levi & Korsinsky Notifies Investors With Losses on Their ...
TradersHuddle.comSeptember 7, 2011

NEW YORK, Sept. 7, 2011 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Kentucky, Covington Division on behalf of purchasers of Omnicare, ...more »

Commercial Bankruptcy
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Law sector remains 'buoyant'
TaxAssist AccountantsSeptember 2, 2011

It comes after the Confederation of British Industry (CBI) published a study showing a "steady decline" in demand for business. Highlighting law practices as an example, Martin Snell, chair of the REC's Legal and HR Group, said that business is now ...more »

Alere Inc. Announces First Closing Date Acceptances under Cash Offer to ...
MarketWatch (press release)September 2, 2011

Enquiries Alere Inc. and Alere AS Holdings Tel: +1 (781) 647 3900 Jon Russell, Vice President, Finance Doug Guarino, Spokesman, Press Office Jefferies International Limited Tel: +44 (0)20 7029 8000 (Financial Adviser & Corporate Broker) Ian Crosbie ...more »

Commercial Leasing
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Eye care biz moving downtown to ex-AT&T headquarters
San Antonio ExpressSeptember 2, 2011

On July 1, AT&T's lease expired, paving the way for subsequent lease agreements. Transwestern, a commercial real estate firm, and the city have been marketing the IBC Centre for nearly two years. "If things go well, we'll be north of 160000 square feet ...more »

Internal Investigative Services
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CPD officer accused of sleeping on job (blog)September 7, 2011

“When the video of an officer in a cruiser was given to the department Tuesday, it was forwarded to the Internal Investigations Section to identify the officer and take appropriate action,” wrote police spokeswoman Fran Cihon in an e-mail to the ...more »

Communications & Media
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N.Y. Attorney Could Review New Cell Tower Ordinance
Patch.comSeptember 1, 2011

He told council members that the city is protected by the federal Telecommunications Act of 1996 if it wants wireless service providers to demonstrate a significant gap in coverage as a requirement for being granted a permit to build a cellphone tower. ...more »

International Transactions
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Ex-Peace Corps volunteer found guilty on drug charges
Tico TimesSeptember 2, 2011

Prosecutors alleged he was involved in “national and international transactions using a great amount of money without justification to buy and sell property, especially in the departments of Rivas and Granada.” “Imagine how absurd this case is: ...more »

Construction & Development
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Practicing law a family business for Davises
Salisbury PostSeptember 1, 2011

Attorney James A. Davis II took the oath Tuesday morning which allows him to practice law in North Carolina. He will do so out of the same office as his father, James A. Davis, who stood next to his son during the swearing-in at the Rowan County ...more »

Judge blocks NM governor on immigrant driver licenses
Chicago TribuneSeptember 1, 2011

"MALDEF will continue to fight throughout this legal process to obtain a final end to this licensing scheme and to restore the rule of law," Martha Gomez, a staff attorney for MALDEF, said in a statement. A spokesman for Governor Martinez said the ...more »

Contracts Involving State & Minicipality
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The Racists Are Coming! Campaign Against Sharia Law a Threat to Indian Country
Indian Country Today Media Network.comSeptember 6, 2011

Porter, who admits to not knowing much about Islam, warns against any religious discrimination. “The Creator did a good job and nobody needs to change us—it doesn't matter if it's Islam or Catholic or Jewish. As long as they respect other religions ...more »

Locating Funds
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Putnam Announces Distribution Rates for Closed-End Funds
MarketWatch (press release)September 9, 2011

These principles may vary from those applicable to the characterization of distributions under federal tax law and, accordingly, federal tax law treatment will likely vary from the estimated characterization above. In addition, the sources of dividends ...more »

Corporate Finance & Taxation
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Longtime state employee will head taxation department
Las Vegas Review-JournalSeptember 1, 2011

CARSON CITY -- The man who has led the state's efforts to assist the city of North Las Vegas through its financial problems was appointed director of the Nevada Department of Taxation on Wednesday. The appointment of longtime state employee ...more »

Non-Profit Corporations
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Thinking about contributing to a nonprofit? Make sure it still exists first ...
Reno Gazette-JournalSeptember 4, 2011

People wishing to contribute money to a nonprofit organization should check with the Internal Revenue Service first if they want to take the donation as a tax exemption. About a quarter of a million groups across the country recently lost their ...more »

Creditor's Rights
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Several potential buyers emerge to bag Andronico's
San Jose Mercury NewsSeptember 1, 2011

Ray Chavez/staff 10/24/06 Business A shopper leaves Andronico's Market on Telegraph Avenue in Berkeley Tuesday afternoon. Several potential buyers have emerged for bankrupt grocery chain Andronico's Markets, which says it needs to sell ...more »

Professional Corporations
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Scottish building firms are urged to back law change
Herald ScotlandSeptember 5, 2011

SCOTTISH building businesses must quickly get to grips with legal changes that have been partly designed to reduce the number of corporate failures in the hard-pressed construction sector, a leading Scottish legal firm has warned. ...more »

Customs Disputes
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Life on the line: Border towns post-9/11
Toronto StarSeptember 2, 2011

“I was brought up in this village,” Roy says, sitting on the sun-drenched sidewalk outside his shop, Brown's Drug Store, a couple dozen metres from the Main St. US customs post here. “Until 9/11, it was a non-border. As kids we went back and forth ...more »

Public Offerings
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[UPDATED with FFFF Posts City's Attorney's Response To Public Records Request ...
OC Weekly (blog)September 1, 2011

1 2011 at 1:02 PM ​UPDATE, SEPTEMBER 1, 1:02 PM:Today, the Friends For Fullerton's Future blog posted a public records request response they got from the city of Fullerton's attorney. A PDF of the letter, which you can read in the main blog post, ...more »

Debt Collection
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Madoff Trustee Can't Use U.S. Law Abroad, Funds, Banks Argue
BloombergSeptember 2, 2011

Banco Bilbao Vizcaya Argentaria SA asked a judge this week to dismiss a $45 million suit by Picard, saying US bankruptcy law doesn't empower him to take back money withdrawn from the Ponzi scheme in other countries. “The statute is silent as to its ...more »

Reorganizations & Restructuring
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Madoff, Gallo, LA Dodgers, Lehman, Solyndra: Bankruptcy
BusinessWeekSeptember 8, 2011

The case is In re Corus Bankshares Inc., 10-26881, US Bankruptcy Court, Northern District of Illinois (Chicago). Solyndra LLC, a manufacturer of cylindrical solar systems for commercial rooftops, walked away from the first hearing in bankruptcy court ...more »

Debt Settlement
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Honohan says banks could take stakes in homes with mortgage arrears
FinFacts IrelandSeptember 2, 2011

By Finfacts Team Patrick Honohan, the Central Bank governor, today ruled out a blanket debt forgiveness scheme, but he said a debt settlement agency could handle arrears. He also said banks were looking at shared equity arrangements with stressed ...more »

State & Minicipal Bonds
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Diane Mastrull: Here, kitty! No, not there!
Philadelphia InquirerSeptember 5, 2011

Not doubting that is Ron Hill, a professor of marketing and business law who has studied the pet-supplies industry and owners' relationships with pets. An emerging trend, evidenced by an increasing number of hotels that welcome pets, is ascribing human ...more »

Directors' & Officers' Liability
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British insurance giant comes to town
Montreal GazetteSeptember 2, 2011

Nicholl Paskell-Mede LLP (NPM), the professional liability insurance boutique law firm founded in Montreal 19 years ago, is now formally part of London-based Clyde & Co. LLP - itself in the middle ...more »

Trade Associations
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Drawing the Wrong Lessons -- as Usual -- for Labor Day
Huffington Post (blog)September 3, 2011

And if it's outright subsidies that get Chinese solar panels into the US (which evidence suggests is at least part of the story), then why not enforce our trade laws? (I know, law and order is so... Nineties.) But the reality is that solar power is not ...more »

False Advertising
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Md. Lawyer Pleads Guilty in Fla. to Federal Teen-Sex Enticement-Attempt Charge
ABA JournalSeptember 1, 2011

In addition to practicing family and business law, he ran an entertainment company and billed himself as a "master balloon entertainer" and magician. He also combined his love of camping with holiday events, using the woods near the family's home in ...more »

Unfair Competition
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Microsoft's antitrust case stifled innovation
BetaNewsSeptember 15, 2011

For example, Microsoft released anti-malware software during the mid-Noughties but separately from Windows (and with antivirus vendors crying unfair competition about integration). Microsoft should have launched a Windows app store long ago -- hell, ...more »

Federal Contracts
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New Jersey unions sue state over benefits changes
ReutersSeptember 1, 2011

... also argued New Jersey violated state and federal contract rights of its employees by forcing current workers to pay substantially more toward their pensions and healthcare. The pension-benefits law was a top priority for New Jersey's Republican ...more »

Venture Capital
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Waste-to-Energy Firm Harvest Power Raises $1.3 Million in Venture Capital
Smart Energy NewsSeptember 2, 2011

Harvest Power, a developer of technology for recycling waste materials into soils, fertilizers, energy, and engineered fuels, has raised $1.3 million in venture capital, according to a new filing by the company with the Securities and Exchange ...more »


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