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

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Southern California Attorneys Call For More Police Training On How to Handle ...
PR Web (press release)September 1, 2011

When law enforcement officers can't recognize signs of mental illness, it can lead to brutality and tragedy, say Southern California criminal defense lawyers of Lessem & Newstat, LLP. Ventura County criminal defense lawyer Joshua E. Newstat When ...more »

Obama makes Trump's case on affirmative action
WND.comSeptember 1, 2011

In April of this year, after persistent badgering by MSNBC's Chris Matthews, veteran commentator Pat Buchanan said the obvious about President Barack Obama: "I think he's affirmative action all the way." Matthews had been goading Buchanan to defend ...more »

Business Law News and Stories

Advertising
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Billboard Wars
WeHo NewsSeptember 5, 2011

A local billboard company lost a prime billboard space on the Strip when its' lease ran out and Ace Outdoor, a new comer based in Utah, outbid them when the lease came up for renewal. Despite losing the lease, the local billboard company refused to ...more »

Foreign Investments
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MGS continues to woo foreign investors
The Sun DailySeptember 2, 2011

KUALA LUMPUR (Sept 2, 2011): Foreign investors are likely to continue their investments in the Malaysian Government Securities (MGS), which has already hit 74% or RM66.5 billion, of the full-year issuance target. In the first six months of this year, ...more »

Antitrust Law, Domestic
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Culinary follies
Las Vegas Review-JournalSeptember 4, 2011

So why has the union asked the Federal Trade Commission to investigate the business practices of the sports franchise, contending the world's largest promoter of mixed martial arts events is violating US antitrust laws? Could it be because Zuffa LLC, ...more »

Franchising
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Denver restaurant chain Noodles & Co. opening in CT
Hartford BusinessSeptember 1, 2011

The Denver-based company, which serves up made-to-order noodles, salads, soups and sandwiches inspired from Asian, Mediterranean, and American cuisine, said it has signed a franchise agreement with local developers Robert and Bradford Barton to open ...more »

Gaming Law
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Cape seeks payout from casino profits
SouthCoastToday.comSeptember 10, 2011

1, 2012, the gaming commission could put the region's license out to competitive bid. Regardless of who opens a casino, the chamber fears a potential loss in tourism and a drain on workers, Wendy Northcross, the chamber's chief executive officer, said. ...more »

Banking Law
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Workers Play Cards at Idle Indian Factories
BloombergSeptember 5, 2011

Labor laws which the World Bank says are among the most restrictive anywhere and tortuous bankruptcy procedures, a legacy of India's Soviet-era plan economy, mean the government can't fire idle employees or sell assets such as machinery or land. ...more »

Government Construction Contracts
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French Government Pushing To Get Contracts In Libya- Report
Fox BusinessSeptember 11, 2011

The delegation will comprise representatives from companies such as construction group Vinci SA (DG.FR), pharmaceutical company Sanofi SA (SNY) and telecom equipment group Alcatel Lucent SA (ALU), the newspaper reports. ...more »

Business Formation
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A list of the Sept 11, 2001, attack victims
Houston ChronicleSeptember 3, 2011

Brian Gerard McAleese, 36, New York City Fire Department, World Trade Center. Patricia Ann McAneney, 50, Rockland County, NY, Marsh & McLennan Companies, Inc., World Trade Center. Colin R. McArthur, 52, Aon Corporation, World Trade Center. ...more »

Institutional Investing
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Investec targets US firms for post-Legal Services Act funding offers
Legal WeekSeptember 1, 2011

Investec set up a professional services finance unit at the end of last year to invest up to £10m per law firm in those looking to grow and take advantage of the LSA via the use of alternative business structures (ABS), which allow external investment...more »

Commercial
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Local sports digest:
San Jose Mercury NewsSeptember 1, 2011

The business lawyer plans to join the legal department of a technology company, and her replacement is expected to be named before Eileraas leaves Sept. 18. "I couldn't be more proud of what the talented WPS team has accomplished this year: growing ...more »

Goodwin Liu confirmed to Calif. Supreme Court
San Francisco ChronicleSeptember 1, 2011

The justices will consider whether California law allows the measure's sponsors to represent the interests of the state and its voters in appealing a federal judge's decision that Prop. 8 is unconstitutional. A State Bar panel gave Liu its highest ...more »

Commercial Bankruptcy
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Bove Calls for Higher Rates, Looser Rules to Boost Home Lending
San Francisco ChronicleSeptember 1, 2011

Bove raised it to "buy" on Aug. 21, 2008, and Lehman filed the world's largest bankruptcy three weeks later. The Federal Reserve pledged earlier this month to keep its benchmark interest rate near zero percent at least through mid-2013.more »

Internal Investigative Services
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City: Female MPD cop's complaints not supported by evidence
InMaricopa.comSeptember 1, 2011

An MPD Internal Investigations log shows that on Oct. 10, Payne, an African-American male, was issued a written reprimand for speaking about another employee in a derogatory manner. Drane and other female officers admitted they had cursed and had not ...more »

Commercial Leasing
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Court stops sale of property
BusinessWorld OnlineSeptember 4, 2011

There were no bidders so the property was sold to the city government. The PCGG controls Mid-Pasig and is leasing the land to commercial tenants such as Metrowalk and Autocamp Cars. The area is bounded by Ortigas, Meralco and Julia Vargas avenues. ...more »

International Transactions
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Ciphertex Announces New RANGER-COP for Forensic Security Storage at HTCIA ...
MarketWatch (press release)September 12, 2011

When law enforcement seizes a computer suspected of criminal activity, they need to conduct a full capture of the hard drive to check for fraudulent transactions, web site histories, evidence of hacking, changed and deleted files and pirated content. ...more »

Communications & Media
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Wineries tap social media in marketing
San Luis Obispo TribuneSeptember 2, 2011

“Most wineries are posting updates, especially as we come into harvest,” said Amber Eyerly, who oversees marketing and communications for Justin. “I think (social media) is an important part of the marketing mix. It gives your consumer a voice. ...more »

Bridgnorth mother starts petition to end 24-hour licensing laws
shropshirestar.comSeptember 2, 2011

A Bridgnorth mother plagued by late-night drunks has started an online petition calling for an end to 24-hour licensing laws. Janet Smith, who lives in Cartway, had water poured into her house through an open window this week and claimed when she went ...more »

Construction & Development
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Big Bay Lake development in full swing
Hattiesburg AmericanSeptember 2, 2011

Big Bay Lake Development took over the site from original developer, Land Partners, LP, in 2007, about three years after the dam broke. Construction of the new dam began in September 2007, and took about two years to finish. ...more »

Locating Funds
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Watchdog: Snyder funds 'disturbing'
The Detroit NewsSeptember 9, 2011

1, will release donors' names and how much they give in the case of the two funds for which such disclosures are not required, Wurfel said: "We will follow all provisions of the law." Snyder's third new fund, the Foundation to Reinvent Michigan, ...more »

Contracts Involving State & Minicipality
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AP Interview: Conn. AG drops whistleblower claims
BusinessWeekSeptember 1, 2011

... provided by the attorney general's office to The Associated Press. State law shields the identities of whistleblowers and details of the complaints. But they typically concern claims of corruption or mishandling of state duties or a state contract. ...more »

Mergers, Acquisitions & Divestitures
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If you have a licence technology problem, start by understanding your business ...
Cambridge NetworkSeptember 11, 2011

Today, almost every software vendor, and most intelligent device manufacturers (with embedded software) have multiple software licence management systems acquired via acquisition, mergers, and divestitures. The problems that result are disconnected ...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 »

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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Boston Generating, Dodgers, Innkeepers, Raser, Deb: Bankruptcy
BusinessWeekSeptember 1, 2011

1 (Bloomberg) -- Power producer Boston Generating LLC has an approved liquidating Chapter 11 plan, although it only gives unsecured creditors with $820 million in claims what are known as hope certificates. The bankruptcy judge yesterday signed the ...more »

Non-Profit Corporations
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Kansas AG investigating nonprofit group
BusinessWeekSeptember 16, 2011

Kansas Attorney General Derek Schmidt is investigating the alleged embezzlement of about $1 million in Medicaid funding from a nonprofit organization that has a state contract to provide mental health patients across Kansas, his office said. ...more »

Customs Disputes
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Russia Counts on Swiss to Win Georgia's Blessing on WTO
BloombergSeptember 1, 2011

“The constellation is right, but they need to get rid of the Georgian issue,” said Konstantinos Adamantopoulos, a trade lawyer at Holman, Fenwick & Willan in Brussels who has advised the Russian government on its WTO accession. ...more »

Professional Corporations
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Top Hedge Fund Lawyer Said to Join Paul Weiss
New York TimesSeptember 6, 2011

More broadly, law firms have been raiding their competitors to acquire lawyers with established clients. Mr. Grofman started his career in Israel, where he graduated from Tel Aviv University School of Law. He later received a degree from New York ...more »

Debt Collection
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Ever-increasing number of banking fees
China DailySeptember 6, 2011

But according to the Law on Commercial Banks, the charge items and standards should be formulated by the banking regulatory organ of the State Council, the People's Bank of China, or jointly with the departments in charge of prices under the State ...more »

Public Offerings
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Supreme Court upholds AG's authority to pursue health care challenge
PNW Local NewsSeptember 1, 2011

The court ruled 9-0 that state law grants the Attorney General discretionary authority to act in any court on "a matter of public concern," that the federal health care reform act was of "public concern" and therefore denied the City of Seattle's ...more »

Debt Settlement
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Bankruptcy Restriction Orders: HRMC gets tough with bankrupt businesses
Director of Finance onlineSeptember 5, 2011

But with HMRC and the Official Receiver taking an increasingly tough stance, it would be very dangerous to underestimate the long term consequences of being an owner of a bankrupt business.” “The authorities are making an example out of business owners ...more »

Reorganizations & Restructuring
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Inergetics Completes Financial Restructuring Plan
MarketWatch (press release)September 7, 2011

90.52% of the secured creditors and 84.95% of the unsecured creditors as defined in the Summary of Debt Reorganization and Financing, have exchanged their respective debt positions for equity in Inergetics. Mark Mirken, CEO and Chairman of Inergetics, ...more »

Directors' & Officers' Liability
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DOJ studying Mike A's return to BI watchlist
Philippine StarSeptember 4, 2011

Robredo said the National Police Commission (Napolcom), which he chairs in concurrent capacity, has initiated the investigation on the administrative liability of the active police personnel. If evidence warrants, Robredo said police officers found ...more »

State & Minicipal Bonds
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Primerus Welcomes The Gallagher Law Firm
PR Web (press release)September 6, 2011

The firm represents businesses, families, and individuals throughout Michigan with a variety of legal services in Administrative Law, Aged and Aging, Alternative Dispute Resolution, Appellate Practice, Bankruptcy, Banks & Banking Law, Business Law, ...more »

False Advertising
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Do-It-Yourself Practice Success
NewsReleaseWire.com (press release)September 6, 2011

I have regularly discussed how law schools do little to prepare graduates for dealing with "The Business of Law®" (finance, practice management, client relations) that determines practice success. This puts the onus on new lawyers to do the preparation ...more »

Trade Associations
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Marsha Blackburn voted to override veto of bill behind Gibson raid
The Tennessean (blog)September 13, 2011

Blackburn sided with the majority in overriding a veto from then President George W. Bush of the Food, Conservation, and Energy Act of 2008, a massive agriculture bill that mainly dealt with farm subsidies but also expanded the trade law that Gibson is ...more »

Federal Contracts
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County's reverse 9-1-1 system is a go
Mail TribuneSeptember 1, 2011

The county signed a five-year contract in March with Everbridge Inc., the company that provides the software to run the system. It will cost $42685 to install and $38600 each of the following years. A federal grant will pay for the first two years. ...more »

Unfair Competition
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Home buyers approach CCI post DLF verdict
Economic TimesSeptember 27, 2011

NEW DELHI: Close on the heels of CCI imposing Rs 630-crore penalty on real estate major DLF, several home buyers have approached the competition watchdog alleging unfair treatment by builders. Post the DLF verdict in August, the Competition Commission ...more »

Federal Grants
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Judge grants bond for Fla. psychic family
MiamiHerald.comSeptember 6, 2011

A magistrate judge originally ordered matriarch Rose Marks and her sons and daughters-in-law held without bond after they were arrested for charges including wire and mail fraud. Authorities say the family preyed on vulnerable victims, promising to ...more »

Venture Capital
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WestPark Capital Launches New Life Sciences Division, Hires Two Senior ...
MarketWatch (press release)September 13, 2011

Dr. Armstrong has also served at the chairman or board level of multiple public and private companies, including the advisory board of a venture capital fund. He is a founding partner of Auxol Capital LLC, a life science investments company, ...more »

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