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

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NBA, union meet but no announced progress
USA TodaySeptember 1, 2011

The following day the league filed a suit against the players in federal court and an unfair labor practice charge with the National Labor Relations Board. The NBPA had filed an unfair labor practice charge with the NLRB in May and is awaiting a ruling ...more »

A Franchise Star Anchors The Newest Madden
Kotaku AustraliaSeptember 1, 2011

Disaster struck in week nine when I lost my starting right tackle, Khalif Barnes, for the year with a busted tailbone. Two weeks later, I lost my starting right guard, Cooper Carlisle, effectively for the year with a partial ACL tear. ...more »

Business Law News and Stories

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Pro-con: Is health care law hurting job creation? (blog)September 3, 2011

But in the 15 months after the law passed, the economy added a mere 6500 jobs each month on average — less than one-tenth the pre-health care act rate. Other factors are at work, of course. Companies must see an improvement in the business climate ...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 »

Antitrust Law, Domestic
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Rob Samouce: Doggie DNA to catch owners who don't scoop the poop
Naples Daily NewsSeptember 3, 2011

... of their associations, covenant enforcement, assessment collections, contract negotiations and contract litigation, real estate transactions, general business law, construction defect litigation and other general civil litigation matters. ...more »

Foreign Investments
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Foreign investments in West Balkans countries in 2010 , report
EMportalSeptember 1, 2011

A decrease in direct foreign investments in West Balkans countries has been recorded in 2009 compared to 2010. The UNCTAD report says that, most of foreign investments have gone to Serbia, and then to Albania. A decrease in direct foreign investments...more »

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RailCats' season up-ended at end
nwitimes.comSeptember 1, 2011

Massaro broke three franchise hitting records during the 2011 season. Highland native and Valparaiso University grad Kevin Spudic has been named the President and General Manager of the RailCats, replacing Andy Viano, the team announced Wednesday. ...more »

Banking Law
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Bank examiners rely on teamwork to protect consumers
NewsOK.comSeptember 4, 2011

The recent economic turmoil has produced new regulations, as did the 9/11 attacks a decade ago when policymakers enacted new banking laws to make it more difficult to fund terrorism. “The job always changes,” Jones said. ...more »

Gaming Law
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The Big Federal Gamble
Corporate CounselSeptember 8, 2011

The Comprehensive Problem Gambling Act would change that. The bill, introduced by Rep. James Moran (D-Va.) in June, would formalize the authority of the Substance Abuse and Mental Health Services Administration to address gambling addiction. ...more »

Business Formation
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Analyst Research on Marsh & McLennan Companies Inc. and Aon Corporation ...
MarketWatch (press release)September 1, 2011

Investors looking for complimentary research on Aon Corporation are welcome to sign up at for our new report. Many companies have been seeing flat or growing revenues lately. Marsh & McLennan Companies Inc., for instance ...more »

Government Construction Contracts
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Notes from Economic Development and Tourism interim study
Missouri News Horizon (press release)September 2, 2011

ODOT already privatizes most engineering and construction contracts. Insurance Department privatizes licensing and education. Higher Ed privatized bookstores and concessions. Corrections as private prisons and halfway houses. ...more »

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Divorce Doesn't Have To Kill Your Family Business
ForbesSeptember 2, 2011

Without a Prenuptial Agreement or another clearly defined exit strategy crafted by a lawyer, the life of the business can hang on the line. For most business owners, splitting the business in half is like “cutting the baby in half” — in order to truly ...more »

Institutional Investing
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Advisers must pay back money to Bloem couple
Independent OnlineSeptember 4, 2011

The mortgage participation bond scheme was not registered as required in terms of the Collective Investment Schemes Control Act (Cisca). Previously, Mr and Mrs JFM had invested in an entity called Taakmeesters Trust (TMT), controlled by De Villiers, ...more »

Commercial Bankruptcy
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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 »

Beach law exposes Folly
Myrtle Beach Sun NewsSeptember 3, 2011

The 1988 beachfront management act encouraged a gradual “retreat” of new development from the beach to minimize risk. “It is not prudent to permit new construction going forward that is that risky,” said Hagood, a former state regulator. ...more »

Commercial Leasing
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Lavery adds four lawyers
Montreal Gazette (blog)September 1, 2011

Beside poaching commercial real estate and financing specialist Louis-Marie Dubé away from Fasken Martineau LLP, Lavery LLP added three other lawyers to its team over the summer. They include: Veteran tax and estate planning specialist Éric Gélinas a ...more »

Internal Investigative Services
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Friday, Sept. 2, 2011: Cloud over Skaneateles program to kick off season
NY State Sportswriters Association (blog)September 2, 2011

Leading off today: A simmering controversy surrounding the Skaneateles football team moved onto the front burner Friday when The Post-Standard reported that an infusion of new players enrolling at the school has triggered an internal investigation by ...more »

Communications & Media
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The Paley Center for Media Announces New Speakers for International Council ...
PR Newswire (press release)September 1, 2011

...Communications; Alberto Pecegueiro, GloboSat; Kuben Pillay, Primedia LTD; Geoffrey Sands, McKinsey & Company; Yossi Vardi, International Technologies; Blair Westlake, Microsoft; Susan Whiting, The Nielsen Co.; Mehmet Ali Yalcindag, Dogan Media; ...more »

International Transactions
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Mitsubishi Corporation Tender Offer for Shares of -3-
Fox BusinessSeptember 5, 2011

The Company wishes to advise that it has decided to conduct the Tender Offer from September 5, 2011, as planned. The Company also hereby gives notification of the details of amendments to the aforementioned "Mitsubishi Corporation to Commence Tender ...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 »

Are some Franklin County bail bondsmen afoul of law?
Chambersburg Public OpinionSeptember 4, 2011

Placey said she had no knowledge that the regulations may be changing and was unable to provide any further information about such a plan. In an age where a wide range of businesses are operated primarily through the Internet and telephone, ...more »

Contracts Involving State & Minicipality
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'No approval' for WA Synergy $30m deal
Sydney Morning HeraldSeptember 8, 2011

In a damning finding, WA Auditor General Colin Murphy said government-owned Synergy had failed to comply with its own policy and the appropriate law in awarding several contracts. Mr Murphy found in one case, Synergy signed a $30 million deal in July ...more »

Locating Funds
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Some 9/11 first responders get help - and some don't
CNNMoneySeptember 2, 2011

... when President Obama earlier this year signed into law the James Zadroga 9/11 Health and Compensation Act. The Zadroga Act, also known as the First Responders Bill, sets aside $1.5 billion in federal and New York City funds to cover all costs for ...more »

Corporate Finance & Taxation
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The Income Tax Deadline: Does it apply to you?
JOESeptember 1, 2011

In the first of a new weekly tax and finance column, tax expert Lynda Lawlor of The Tax Department talks us through the key issues when it comes to filing your tax return on time. September is here and as the schools reopen heralding the end of the ...more »

Mergers, Acquisitions & Divestitures
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McGladrey Capital Markets Provides Advisory Services to Ascentium on the ...
MarketWatch (press release)September 19, 2011

The firm's services include mergers, acquisitions, divestitures, recapitalizations, capital raising, fairness opinions and restructurings. McGladrey Capital Markets, which offers in-depth expertise in many distinct industry sectors, brings together ...more »

Creditor's Rights
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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 »

Non-Profit Corporations
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Robert H. Dunn, President and CEO of Synergos, on Systems-Changing Collaboration
Forbes (blog)September 2, 2011

Recently, I interviewed Robert H. Dunn, President and CEO of Synergos, a nonprofit organization that inspires, leads, and supports sustainable and systems-changing collaboration to address poverty, equity, and social justice around the ...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 »

Professional Corporations
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Top Deal Lawyer Leaves Weil Gotshal for Advent
New York TimesSeptember 7, 2011

Advent International has hired James Westra as its chief legal officer, a move that is turning heads in the both the private equity and corporate law worlds. Westra, 60, joins Advent from the law firm Weil, Gotshal & Manges, ...more »

Debt Collection
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Banks say US tax deal must respect Swiss law
swissinfo.chSeptember 5, 2011

Investigations have widened to around ten Swiss banks and Credit Suisse was recently served with official notice that it was being probed. Stories are also appearing in the media that the US negotiators are losing patience with their Swiss counterparts ...more »

Public Offerings
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Bucks authorities seek to identify a body | Philadelphia Inquirer | 2011-09-05
Philadelphia InquirerSeptember 5, 2011

It had been there for several days, Buck County District Attorney David Heckler said. County public information officer Christopher Edwards said a car found parked on nearby Hidden Cove Drive had been there since Thursday. Authorities say they believe ...more »

Debt Settlement
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Payments Loom for Harrisburg
Bond BuyerSeptember 2, 2011

Harrisburg is the first municipality to reject a proposed Act 47 workout since the program began in 1987. Another Piccola-sponsored bill, which became law two months ago, threatens distressed small-to-medium sized cities that file for bankruptcy...more »

Reorganizations & Restructuring
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Dynegy takes direct ownership of Houston power arm
MarketWatchSeptember 2, 2011

Dynegy Inc. /quotes/zigman/598247/quotes/nls/dyn DYN +6.05% continued its internal restructuring by acquiring direct ownership of Dynegy Coal Holdco LLC, the indirect parent of its Dynegy Midwest Generation LLC unit. ...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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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 »

False Advertising
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Video Online Advertising Website Launches - New Resource for Businesses
Online PR News (press release)September 2, 2011

This new website could be a big help for many of them. Online PR News – 02-September-2011 –One of the best ways to highlight your business online is to use video advertising. Well you might want to take a look at this new resource. ...more »

Trade Associations
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Ten Years Later: How We Remember
Patch.comSeptember 7, 2011

"When those planes destroyed the World Trade Center, law enforcement went from local to global in the span of minutes," says Frank Papapietro, chief of the New Milford police department. Since 9/11 Papapietro said he brings a focus on information ...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 »

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 »


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