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

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Grand America audit turns up undocumented workers
Salt Lake TribuneSeptember 1, 2011

“Such businesses gain a competitive edge by paying illegal alien workers low wages or otherwise exploiting them. These inspections are one of the most powerful tools the federal government has to ensure that businesses are complying with US employment ...more »

Judge considers DNA testing of items linked to Dexter murders
Bangor Daily NewsSeptember 1, 2011

The justices ruled that Cole should have issued written findings of fact as to why the evidence Cookson asked to be tested in 2009 did not meet criteria outlined in state law. The hearing Wednesday focused on the issue of where the items were before ...more »

Business Law News and Stories

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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 »

Foreign Investments
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SEC halts fraud conducted by Los Angeles life settlement company
Banking Business ReviewSeptember 5, 2011

The Securities and Exchange Commission (SEC) has obtained an emergency court order to halt an alleged $4.5m investment scheme by a Los Angeles-based company that purports to broker life settlements. The SEC alleges that Daniel Powell and his company...more »

Antitrust Law, Domestic
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Prof. Paul Lugard: : “ The Competition Commission of Mauritius cannot impose ...
News On SundaySeptember 3, 2011

I specialise in antitrust law and I am unfortunately not an expert in corporate governance in general. However, I don't believe that rigid, legislative prescriptions are necessarily the right way forward. Often, there is not one size that fits all and ...more »

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Vikings set to start Ponder in preseason finale
The RepublicSeptember 1, 2011

Future franchise quarterback Christian Ponder will make his Metrodome starting debut, while playmaking crowd favorite Joe Webb will relieve him, probably to start the second half. They'll be “worth watching,” as usual, but if their names are mentioned ...more »

Gaming Law
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Gambling panel's role is called crucial
Boston GlobeSeptember 6, 2011

“You only have one shot to get this right,'' said Mark Clayton, a gambling law lawyer and former member of the Nevada Gaming Control Board. “It becomes particularly challenging when you have multiple parties bidding for a limited number of licenses, ...more »

Banking Law
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Islamic Banking in Nigeria
Islam OnlineSeptember 5, 2011

The communiqué further states, “Reactions to the proposed Islamic banking have shown how divisive such an important issue, important and useful though it may be, can be when it is not carefully presented.” Dr. Abdul Razzaq Alaro, a senior Islamic Law...more »

Government Construction Contracts
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'We want to go to work'
Belleville News DemocratSeptember 17, 2011

Mason, Parks and other city and MEBCO officials discussed a target minority program in which contracts would specifically seek out black and other ethnic groups. There would be another contract for women. "We want to make sure we communicate with ...more »

Business Formation
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Government Sponsored Thieves: How local politicians are stealing public funds
Bay Area IndymediaSeptember 2, 2011

Citing the threat of crime, business people and politicians like Mike Moradian and Councilman Joe Muratore would like to make public parks private and have a private police force patrol them. In doing so, they tell us that crime would be reduced and ...more »

Institutional Investing
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Obama Administration Set to Defend Solyndra Loan at House Panel
Wall Street JournalSeptember 14, 2011

The company's collapse is a black eye for the Energy Department's loan-guarantee program, which was created in 2005 and received billions of dollars in funding under the 2009 economic-stimulus law. The Obama administration, which pushed the program as ...more »

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Deutsche Boerse: Legal Review Puts NYSE Merger Into Question
NASDAQSeptember 6, 2011

XE) and NYSE Euronext (NYX) doesn't comply with rules on market supervision and German authorities should forbid it, according to a review by a business law professor at Magdeburg University. Professor Ulrich Burgard presented the study Tuesday ...more »

The Land Law in Vietnam
VietNamNet BridgeSeptember 19, 2011

VietNamNet Bridge – The compilation of the new Land Law in Vietnam is interested by many international organizations, ministries, sectors, local governments, businessmen and the people. There are disinterested and self-seeking interests. ...more »

Commercial Bankruptcy
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Solyndra, Recipient of over $500M in Stimulus Funds, Files for Bankruptcy
International Business TimesSeptember 1, 2011

The solar panel manufacturer was founded in 2005 and since then has installed commercial solar arrays on over 1000 rooftops in more than 200 countries. However, the company states, it was unable to compete with the low-priced solar cells flooding from ...more »

Internal Investigative Services
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Greg Bean's Column
North Brunswick SentinelSeptember 13, 2011

The officer accused of going over the line was vindicated by an internal investigation by the police department and another by the county prosecutor. No public statement was ever made by either the county or the department about the specifics of the ...more »

Commercial Leasing
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Trumark set to upgrade, sell second R&D site in Sunnyvale
San Jose Business JournalSeptember 2, 2011

Several months after Trumark Commercial sold a Sunnyvale office building for nearly triple what it paid for it, the company has purchased another property in the city that it plans to reposition, lease out and also eventually re-sell. ...more »

International Transactions
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Making Headway in the Movement to Protect the World's Sharks
New York TimesSeptember 10, 2011

The last 12 months have seen a flurry of laws, regulations and industry actions to end the international trade in the age-old delicacy, including bans on shark fin sales in Hawaii, Oregon, Washington and parts of Canada. Last week, the California ...more »

Communications & Media
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Clyde Broadcast sign major contract with DAAR Communications at IBC 2011
Virtual Press Office (press release)September 10, 2011

(Virtual Press Office) - Further to a series of negotiations earlier this year Scottish-based Clyde Broadcast and African media giant DAAR Communications will sign a €1m contract for the equipping of sixteen digital radio stations throughout Nigeria, ...more »

Google's Executive Chairman Eric Schmidt Opinions about the Patent System
Patently-OSeptember 2, 2011

While many areas of the legal industry have suffered in the past several years, it seems that the patent law sector is still going strong. There has been an increase in patent lawsuits, as well as patent applications for many consecutive years. ...more »

Construction & Development
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38 Attorneys at Preti Flaherty Selected by Peers for Inclusion in The Best ...
PR Web (press release)September 2, 2011

Timothy J. Bryant of Falmouth for Franchise Law; Peter S. Carlisle of South Portland for Sports Law; John P. Doyle, Jr. of Falmouth for Health Care Law; Gregory P. Hansel of Cape Elizabeth for Commercial Litigation, Antitrust Law and Mass Tort ...more »

Locating Funds
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Feds to oversee NH family planning
Nashua TelegraphSeptember 9, 2011

Federal law prevent family planning money from being used for abortions. At Planned Parenthood, abortions are either paid for with health insurance or private payment. The family planning money is used for services like cervical cancer screenings, ...more »

Contracts Involving State & Minicipality
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Contract Sunshine website falls short
Wisconsin Radio NetworkSeptember 1, 2011

The GAB operates the site, which Magney says was only ever designed to list basic information about purchasing contracts worth over $10000. Originally, he says the law creating the site did not even require them to report the names of individuals or ...more »

Mergers, Acquisitions & Divestitures
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Assured Guaranty Responds to S&P Placing its Operating Subsidiaries on ...
MarketWatch (press release)September 27, 2011

... adverse technological developments, the effects of mergers, acquisitions and divestitures, natural or man-made catastrophes, other risks and uncertainties that have not been identified at this time, management's response to these factors, ...more »

Corporate Finance & Taxation
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UCDA Explains Tax Law that May Help Ontario Dealers Selling Out of Province
Auto RemarketingSeptember 2, 2011

By Auto Remarketing Staff Some Ontario dealers who regularly make out-of-province sales may actually benefit from a new tax law, according to the Used Car Dealers Association of Ontario. UCDA pointed out in its latest Front Line report that the new HST ...more »

Mortgages & Foreclosures
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Washington Supreme Court to weigh legality of MERS foreclosures
OregonLive.comSeptember 3, 2011

But Huelsman said that although Washington's law is unusual in its definition of beneficiary, the case could lay out a framework for considering the non-judicial foreclosure laws, many of which were written before anyone conceived of a third party ...more »

Creditor's Rights
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Peter S. Reinhart Joins Giordano, Halleran & Ciesla as Of Counsel
PR Web (press release)September 1, 2011

Mr. Reinhart currently teaches courses in real estate law, real estate development, lease negotiations, redevelopment, and business law at Monmouth University. A graduate of Franklin and Marshall College and an honors graduate of Rutgers Law School in ...more »

Non-Profit Corporations
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Springboard Innovation plans Hatch incubator
Sustainable Business OregonSeptember 2, 2011

While Portland-based Springboard Innovation is a nonprofit, HatchLab Inc., a for-profit working on getting certified as a Benefit Corporation, will manage the Hatch building and collect the rents. Springboard will hold all the controlling stock in ...more »

Customs Disputes
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Two men are sentenced in Northern Kentucky heroin case
Lexington Herald LeaderSeptember 1, 2011

... to 74 months in prison and Antwan Wills, 29, to 37 months, according to the office of Kerry Harvey, the US Attorney for the Eastern District of Kentucky. Ross and Wills were criminally charged after US Bureau of Immigration and Customs Enforcement ...more »

Professional Corporations
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Creepster of the Week: Webcam Hijacker Gets Six-Year Sentence
ForbesSeptember 2, 2011

Most recently, I was an editor at Above the Law, a legal blog, relying on the legal knowledge gained from two years working for corporate law firm Covington & Burling -- a Cliff's Notes version of law school. In the past, I've been found slaving away ...more »

Debt Collection
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Chadbourne & Parke Opens Istanbul Office
MarketWatch (press release)September 6, 2011

... domestic and international tax, insurance and reinsurance, environmental, real estate, bankruptcy and financial restructuring, executive compensation and employee benefits, employment law, trusts and estates and government contract matters. ...more »

Public Offerings
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Public defender appointed for accused killer
The MercurySeptember 1, 2011

NORRISTOWN — An attorney has been appointed to defend a Norristown teenager accused of fatally shooting a 16-year-old girl in July. After 19-year-old Brenden Tremayne Pierce petitioned Montgomery Court of ...more »

Debt Settlement
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When a Bankruptcy 'Event' Doesn't Mean Bankruptcy
New York TimesSeptember 1, 2011

In finance and law, bankruptcy is understood to mean a process for resolving financial distress, like those under the United States Bankruptcy Code or the Companies' Creditors Arrangement Act in Canada. State law assignments for ...more »

Reorganizations & Restructuring
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Experts on what's left off-screen during lower gas price talks
The Day Weekly DigestSeptember 5, 2011

Several hours later Prime Minister Mykola Azarov explained that the restructuring of this oil-and-gas monopolist would cause transfer to a new format of relations with Gazprom: “Naftohaz will cease to exist as a business entity, there will be the ...more »

Directors' & Officers' Liability
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RRGs thriving 25 years after law's passage
Business InsuranceSeptember 4, 2011

Five years earlier, lawmakers approved the Product Liability Risk Retention Act to establish the special group captives that—under a pre-emption provision in the law—can write policies for member-owners nationwide after meeting the licensing...more »

State & Minicipal Bonds
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Utah Condemnation Attorney, Kevin Anderson, Joins National Network of Eminent ...
PR Web (press release)September 7, 2011

Kevin Anderson and the attorneys at Anderson Call & Wilkerson focus their practice on the areas of eminent domain, land use, business law, real estate and construction litigation on behalf of landowners and developers throughout the state of Utah. ...more »

False Advertising
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Gold Drops for Second Day as Equity Rebound Trims Haven Investment Demand
BloombergSeptember 7, 2011

7 (Bloomberg) -- Paul Law, chief financial officer of Luk Fook Holdings (International) Ltd., a Hong Kong-based jewelry retailer, talks about the impact of near-record gold prices on the company's business. Law, speaking with John Dawson on Bloomberg ...more »

Trade Associations
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Questions Raised After DOE Hides Costs Of Energy Projects
NASDAQSeptember 1, 2011

He was referring to the Uniform Trade Secrets Act, which is not a federal law, but a model law that most states use to protect trade secrets. Government employees are precluded from releasing trade secrets. Total cost of a project can be considered a ...more »

Federal Contracts
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City says 3 firms can offer officers legal advice
The Seattle TimesSeptember 3, 2011

Seattle police officers needing legal advice could be represented by one of three law firms, or the City Attorney's Office, Seattle City Attorney Pete Holmes said Friday. By Jennifer Sullivan No comments have been posted to this article. ...more »

Unfair Competition
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Senator asks for fair treatment for diamond saw blade manufacturers
The Morning JournalSeptember 2, 2011

WASHINGTON, DC — Senator Rob Portman has asked the Department of Commerce to continue providing relief against unfair Chinese competition for American diamond saw blade manufactures such as Diamond Products in Elyria. ...more »

Federal Grants
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ALEC 'Guide to Repealing ObamaCare' echoes Florida legislative action
Florida IndependentSeptember 1, 2011

Florida is one of a handful states rejecting grants from the federal health care reform law, a key strategy suggested in literature provided at this year's American Legislative Exchange Council conference, ...more »

Venture Capital
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Venture capital could get big boost in Ontario
Globe and MailSeptember 7, 2011

Such big tax breaks probably won't do much to sway public opinion during the election, because most voters don't even know what venture capital is, so that likely isn't the reason that the current government wants to introduce such a bold plan. ...more »


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