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

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Amendment allows secret investigations
China DailySeptember 1, 2011

BEIJING - A controversial clause in a draft amendment to China's Criminal Procedure Law has met with mixed reaction from legal experts for allowing the police to conduct secret investigation and detention of suspects of national security crimes. ...more »

Pixieland Employee Arrested For Having Child Porn
KTVU San FranciscoSeptember 1, 2011

... is related to the park's owners. Police say that about 10:30 am, investigators with the local Internet Crimes Against Children (ICAC) task force arrested 33-year-old Christopher Michael Hull, a Pixieland employee, for possessing child pornography. ...more »

Business Law News and Stories

Advertising
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Live Police Scanner
Chaska HeraldSeptember 5, 2011

To advertise in any of the publications in the Southwest Newspapers family, download PDFs of our Display Advertising or Classified Advertising rate cards. You can also download a media kit for our Edible Twin Cities magazine.more »

Foreign Investments
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Ice and Fire
Tablet MagazineSeptember 2, 2011

But with foreign investment came foreign debt, and when the entire world experienced a financial meltdown—for reasons understood only by Odin and Asgard's finest monetary minds—Iceland found itself hurting more than most. In 2007, for example, ...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 »

Franchising
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Future attack lines from Mitt Romney, self-loathing Harvard elitist
SalonSeptember 1, 2011

He rescued businesses like Dade Behring, Stage Stories, American Pad and Paper, and GS Industries, then his company sold them for a profit of $578 million after which all of those firms declared bankruptcy. Which sounds bad, but don't worry, ...more »

Government Construction Contracts
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A public inquiry into construction must be held
Montreal GazetteSeptember 16, 2011

Engineering consulting firms routinely in-flate the cost of public construction projects. - Construction companies conspire to bilk the government in bidding for contracts. - Such activities are abetted by corrupted government officials. ...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 »

Institutional Investing
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State ban on corporate political donations before Montana Supreme Court
Billings GazetteSeptember 18, 2011

Federal regulatory measures passed since then, such as antitrust and labor protection laws, would prevent corporations from exerting the same influence that the Copper Kings once held over Montana, he said. "Finally, individuals have more space to ...more »

Business Formation
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Lawmaker: Credit checks stymie unemployed job seekers
Tbo.comSeptember 4, 2011

Pulling credit reports is a common hiring practice, according to the Society for Human Resource Management, which found in a recent survey that nearly half of all employers screen selected job candidates that way. Business groups say credit reports can ...more »

Critics Decry Customized Provisions In Patent Bill
National JournalSeptember 8, 2011

And Sessions and Coburn aren't alone in seeing the sweeping patent legislation as a gift wrapped for special interests. Sen. Maria Cantwell, D-Wash., proposed an amendment to remove a provision she says would help banks infringe on patents. ...more »

Commercial
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Himlan is a peak performer at law, road racing
Presidio SportsSeptember 3, 2011

That means she has had take it easy, as of late … which is pretty tough, as busy as she usually is running around is in her new life: a young attorney launching her career with specialty in family, bankruptcy and business law, working out at Spectrum, ...more »

Internal Investigative Services
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Widower files second lawsuit in wife's Pinellas jail death
Tampabay.comSeptember 1, 2011

None of the three was the subject of internal investigations when they left the agency, according to a Sheriff's Office spokeswoman. However, a detention deputy and a nurse were previously disciplined by Coats after internal affairs investigations ...more »

Commercial Bankruptcy
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Seminar offered on elder law
Township JournalSeptember 1, 2011

Mr. Pasculli specializes in business law and contracts, real estate, and elder law (which includes wills, estates, guardianships and Medicaid planning). He is a member of the National Academy of Elder Law Attorneys. Just prior to joining the firm in ...more »

International Transactions
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Jason Hill Joins the Law Firm of SmithAmundsen LLC
Sacramento BeeSeptember 6, 2011

Jason also specializes in privacy regulation, a rapidly-evolving area of corporate law, regularly helping to guide clients through the various federal, state and international privacy landscapes. Jason is licensed to practice in Missouri and Illinois. ...more »

Commercial Leasing
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Money & the Law: Tenants can be caught up in foreclosures
Colorado Springs GazetteSeptember 3, 2011

It's generally well understood that someone owning a home and losing it in foreclosure will, at the end of the foreclosure, have to move out. But what about tenants? What happens to them when the house or apartment they are living in goes through a ...more »

It's the law
nwitimes.comSeptember 4, 2011

All residential rental properties within the Dyer corporate limits must be registered annually. There is a registration fee is $25 for each rental dwelling or rooming unit that is due prior to Jan. 31 of each subsequent year after the property is first ...more »

Communications & Media
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Who Checks Your Company's Social Media Profile?
Entrepreneur (blog)September 1, 2011

But for those who may have been on the fence about using social media or who only use the sites occasionally, this news may drive you to rethink that strategy. At the very least, if your existing communications plan is more than two years old, ...more »

Locating Funds
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All the security money can buy, but unease is indelible
Boston GlobeSeptember 7, 2011

Today, federal grants are viewed as a spigot of money that pays for all manner of equipment for everything from crime solving to natural disaster relief. The Department of Homeland Security long ago gave in to pressure from local law enforcement ...more »

Construction & Development
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Warning over rural planning law shake-up which will allow developers to ...
Daily MailSeptember 1, 2011

Environmental and preservation groups have said the Draft National Planning Policy Framework is biased towards building because it advocates a 'presumption in favour of sustainable development'. Critics say this will mean objections by communities and ...more »

Mergers, Acquisitions & Divestitures
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Tim Carlson to Join Evercore Partners as a Senior Managing Director in its Oil ...
MarketWatch (press release)September 6, 2011

Evercore's Investment Banking business advises its clients on mergers, acquisitions, divestitures, restructurings, financings, public offerings, private placements and other strategic transactions and also provides institutional investors with high ...more »

Contracts Involving State & Minicipality
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Miami DUI Attorney Launches New Web Site on Labor Day
PR Newswire (press release)September 5, 2011

He has extensive legal experience in other areas including entertainment, divorce, business and personal injury. Parker is the creator of a reality television program called "Third Date Bachelor Chef." He was admitted to the Florida and New Jersey Bars ...more »

Mortgages & Foreclosures
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Community law: What rights remain for HOA member in arrears?
The News-PressSeptember 25, 2011

From time to time our association is served with foreclosure lawsuits which state that the association has 20 days to respond. Is it necessary for the homeowners' association to file a response? A: In order to foreclose its mortgage, a bank typically ...more »

Corporate Finance & Taxation
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Tax debate symptom of larger impatience
People's Daily OnlineSeptember 2, 2011

The Ministry of Finance announced Wednesday that a person seeking to add the name of their partner on the deed of a property they own would no longer be taxed. The announcement was greeted by many couples with a sense of relief. ...more »

Non-Profit Corporations
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Operation Broken Silence
Memphis Commercial AppealSeptember 10, 2011

A Memphis-based human rights nonprofit organization, Operation Broken Silence, focuses on abolishing slavery in Tennessee and mass atrocities in conflict zones internationally. OBS was founded in 2006 by Memphians concerned by the genocide developing ...more »

Creditor's Rights
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Chris Whalen: Bank Of America Should Declare Bankruptcy
Business InsiderSeptember 6, 2011

"...allow commercial companies to control depositories. They would be separated (depositories and companies) but I think having new capital, better management, more innovative management, would help the US tremendously. You know, banks aren't special. ...more »

Professional Corporations
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Lack of analogy in MCA, law min view impacting 2G case: CBI
Moneycontrol.comSeptember 6, 2011

They also indicated that divergent views from Ministry of Corporate Affairs (MCA) and the law ministry on Loop-Essar relationship are impacting their probe. "It will take a few more days to finalise the third chargesheet. CBI will file the chargesheet ...more »

Customs Disputes
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No deal in sight, WTO tries to stay relevant
Times of IndiaSeptember 1, 2011

In fact, along with Europe, it is putting pressure on developing countries to agree to lower tariffs for environmental goods, which will affect the development of Indian companies, and trade facilitation measures, to ease customs rules. ...more »

Public Offerings
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Lawyers discuss how San Bruno suits should proceed
abc7news.comSeptember 2, 2011

The attorneys want a public trial. Just about the only thing everyone can agree on is that they want whatever happens to begin as soon as possible. "We do not want piecemeal litigation with confidential settlements behind a steel curtain of secrecy, ...more »

Debt Collection
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SIPC Faults U.S. Judge for Tossing Claims Against HSBC
BloombergSeptember 1, 2011

The trustee was free to pursue bankruptcy claims, Rakoff ruled. The Securities Investor Protection Corp., citing investor- protection and other law, said Rakoff “erred” in finding the trustee had only the powers available to a bankruptcy trustee, ...more »

Reorganizations & Restructuring
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Origin Agritech Limited Restructures Northeast Seed Distribution
MarketWatch (press release)September 14, 2011

Commenting on the restructuring, Dr. Gengchen Han, Chairman and Chief Executive Officer of Origin, said, "We are pleased to have realized operational efficiencies from our restructuring in the Northeast. This current restructure, coupled with our new ...more »

Debt Settlement
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US banks offered deal over lawsuits
Financial TimesSeptember 5, 2011

Certain federal and state agencies are using the settlement discussions as a way to heal the deteriorating housing market and secure fresh debt relief for distressed homeowners. Some officials involved in the discussions have criticised this approach, ...more »

State & Minicipal Bonds
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Lehman, Venue, Innkeepers, Thornburg, Sbarro: Bankruptcy
BusinessWeekSeptember 12, 2011

King was the country's leading authority on bankruptcy law and a principal author of the Collier bankruptcy treatise. The present system wasn't without supporters. David A. Skeel of the University of Pennsylvania Law School testified that “removing the ...more »

Directors' & Officers' Liability
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THEIR VIEW: Is W.Va. on the verge of a long-term care crisis?
West Virginia RecordSeptember 14, 2011

These figures, when coupled with the recent $91.5 million verdict, paint a rather gloomy picture for our state's future elder care. A recent study published in the New England Journal of Medicine shows that increased lawsuit filings don't actually ...more »

Trade Associations
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Telecoms, IT, Electronics, Media & Internet
Balkans.com Business NewsSeptember 7, 2011

That was also the period of the beginning of application of the new, ie first Yugoslav corporate law. Therefore, it can be justifiably claimed that JPM is the first law office in Serbia which was established subject to the “business law firm” concept, ...more »

False Advertising
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TripAdvisor faces ASA investigation after review complaints
The GuardianSeptember 2, 2011

TripAdvisor is to be investigated by the advertising watchdog after receiving a complaint on behalf of thousands of hotels that its claims to provide trustworthy and honest reviews from travellers are false. The Advertising Standards Authority has ...more »

Unfair Competition
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Judge shreds, dismisses iPhone privacy class-action
Ars TechnicaSeptember 25, 2011

... Eric Goldman's Technology & Marketing Law Blog. Sometimes they will look similar to other articles appearing on Ars; other posts will be more "bloggy" in nature. This is one of the latter. iPhone users sued Apple and various advertising networks, ...more »

Federal Contracts
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BARDA Partners to Develop New Class of Antibiotic
MarketWatch (press release)September 6, 2011

WASHINGTON, Sep 06, 2011 (BUSINESS WIRE) -- The federal government today issued a contract for advanced research and development of a dual-purpose broad spectrum antibiotic with potential to treat illnesses caused by bioterrorism threats such as plague ...more »

Venture Capital
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LIC set to foray into venture capital biz
Indian ExpressSeptember 3, 2011

Diversifying its operations further the state owned Life Insurance Corporation (LIC), with over R12 lakh crore assets, has decided to participate in infrastructural debt funds (IDF) and to foray into the venture capital business. ...more »

Federal Grants
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Federal grant to help redo housing project
KGO-TVSeptember 1, 2011

SAN FRANCISCO (KGO) -- City leaders and residents of one of San Francisco's poorest neighborhoods are celebrating after getting a federal grant to help redo a rough housing project near Candlestick Park. Phoebe Williams has lived in the Alice Griffith ...more »

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