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 »

Amendment allows secret investigations
XinhuaSeptember 1, 2011

1 (Xinhuanet) --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 »

Business Law News and Stories

[read all news] accused of facilitating sex trafficking
WisconsinWatch.orgSeptember 2, 2011

When asked why he declined to sign the letter from the attorneys general, Wisconsin Attorney General JB Van Hollen, who has focused on fighting Internet crime against children, issued a statement to the Wisconsin Center for Investigative Journalism ...more »

Foreign Investments
[read all news]
CEO Pay Study, AT&T Merger Deal, Germany EFSF Law: Compliance
BloombergSeptember 1, 2011

SEC commissioners voted 4-0 to seek comment on proposed changes to the Investment Company Act during a meeting in Washington yesterday. The Austrian central bank lowered its estimates on how much additional core Tier 1 capital the country's lenders ...more »

Antitrust Law, Domestic
[read all news]
Sprint files lawsuit to block AT&T's acquisition of T-Mobile USA
This Is My NextSeptember 6, 2011

I'm not an anti-trust lawyer, but it seems AT&T will fight hard to come to a compromise that allows the merger in some form (knowing it will not go in its current form). So, it seems Sprint is very smart to get involved like this in a consolidated ...more »

[read all news]
Madden '12 Review: Game Mode
The Pewter PlankSeptember 2, 2011

NOTE: I will be referencing numerous times in this review NBA2K11, last year's installment of 2K Sports NBA franchise. I reference it as it is perhaps the best sports gaming experience I have ever had, and my sports gaming dates back to NFL Gameday '99 ...more »

Gaming Law
[read all news]
Chambersburg looks good on paper as casino money maker
Chambersburg Public OpinionSeptember 30, 2011

Even if the courts side with the Gaming Board, Harbach said the Gaming Act says that license must be held in Philadelphia. "Under current law, as we sit today, there could be no casino in Chambersburg," said state Rep. Rob Kauffman, R-Chambersburg. ...more »

Banking Law
[read all news]
Card con warning
BBC NewsSeptember 2, 2011

In both cases the criminals managed to dupe the card issuer's telephone banking system and procedures to spot suspicious transactions. Barclaycard insists it has an excellent track record in fighting fraud. It says the transactions have now been ...more »

Government Construction Contracts
[read all news]
Do Private Contractors Save the Government Money?
ForbesSeptember 18, 2011

In any case, there is a time for contractors to do work for the government – short-term, project-based work makes sense, like construction jobs. We don't expect the government to have a Department of Construction. They can bid the work out. ...more »

Business Formation
[read all news]
Colfax Responds to Market Rumors Regarding a Potential Acquisition of Charter ...
Sacramento BeeSeptember 4, 2011

(1) This should not be taken as a statement regarding the Company's expectations for its earnings per share during the remainder of 2011, for 2012 or subsequent periods. ABOUT COLFAX CORPORATION – Colfax Corporation (the "Company" or "Colfax") is a ...more »

Institutional Investing
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Life Paths Diverge for Young Adults With, Without Disabilities
Education Week News (blog)September 9, 2011

The results of this study may come into play when, or if, Congress takes up the reauthorization of the Workforce Investment Act, first passed in 1998. The Council for Exceptional Children and the National Center on Learning Disabilities, ...more »

[read all news]
College of Law launches strategic review and eyes potential sale
Legal WeekSeptember 2, 2011

The two law schools have come to dominate the upper reaches of the UK's vocational legal market after striking a string of bespoke training deals with leading commercial law firms over the last decade. As such, the outcome of the review will be closely ...more »

Jason Hill Joins the Law Firm of SmithAmundsen LLC
MarketWatch (press release)September 6, 2011

Jason has been in private practice since 2006 and during that time has won impressive legal victories for businesses with local, national, and international interests. The addition of Hill's talents furthers the firm's multi-dimensional legal business ...more »

Commercial Bankruptcy
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EXCERPT: A People's History of the Great Recession by Arthur Delaney
Huffington PostSeptember 7, 2011

It's illegal to discriminate by age and to specify an age preference in a job ad, but it's not illegal to ask about age, though employment law experts say doing so does bear a whiff of discrimination. Workers older than 55 are less likely to lose their ...more »

Internal Investigative Services
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Three Yakima police officers could be fired for misconduct
Yakima Herald-RepublicSeptember 22, 2011

All three officers are on paid administrative leave. Lawyers for the city say the fact that Cooper has yet to make a final call on their fate means the investigations remain "pending" and therefore exempt under the state Public Records Act. "It's just ...more »

Commercial Leasing
[read all news]
How America's empire will be remembered
SalonSeptember 13, 2011

(Jacob's son was called "Legal Tender Cox.") President Grover Cleveland wasn't hearing any of it, having already made his views known in 1889 during his first term in office: "The lessons of paternalism ought to be unlearned and the better lesson ...more »

International Transactions
[read all news]
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 »

Communications & Media
[read all news]
Minister threatens private newspapers
The ZimbabweanSeptember 13, 2011

Such provisions will render draconian media laws such as AIPPA and the Criminal Law (Codification and Reform) Act, among others, unconstitutional. While journalists should at all times strive for balance, fairness and respect for citizens' right to ...more »

How Dead Is Yucca Mountain?
New York Times (blog)September 12, 2011

When President Obama pulled the plug on Yucca, the Energy Department withdrew its license application for building Yucca, which at the time was being considered by a panel of three administrative law judges of the regulatory commission's Atomic Safety ...more »

Construction & Development
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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 »

Locating Funds
[read all news]
California bill to fund college for illegal immigrants advances
ReutersSeptember 1, 2011

Brown in July fulfilled a campaign promise by signing into law a related bill to allow illegal immigrants to receive privately funded college scholarships, but not public funds. The latest bill would go into effect in 2013 and could cost the California ...more »

Contracts Involving State & Minicipality
[read all news]
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 »

Mortgages & Foreclosures
[read all news]
141 new laws take effect in Nevada Oct. 1
NECNSeptember 30, 2011

—Guns: Information about investigations or the identities of people who have concealed weapon permits are confidential. Also, a new law streamlines the concealed permit process for semi-automatic weapons by requiring a permit applicant to demonstrate ...more »

Corporate Finance & Taxation
[read all news]
Campaigns Taking Shape
Fort Smith Times RecordSeptember 4, 2011

12. Smith said there are two fundraising efforts under way to finance the campaign. Unlike Smith, York remains a foe of the prepared food tax. York said he anticipates the CRT campaign will include the same elements described by Smith. ...more »

Non-Profit Corporations
[read all news]
Abandoned Mine Safety
TucsonSentinel.comSeptember 2, 2011

The city of Globe worked with Cruz, executive director of the nonprofit organization Abandoned Mine Safety, to fill in the shafts because they were just feet from a hiking trail and an easy walk from an elementary school. Cruz, who ran unsuccessfully ...more »

Creditor's Rights
[read all news]
United Technologies Corp. Reaffirms 2011 Outlook
PR Newswire (press release)September 6, 2011

... levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry; levels of air travel, financial difficulties (including bankruptcy) of commercial airlines; the impact of weather conditions, ...more »

Professional Corporations
[read all news]
Corporate lawyer takes life-changing risk
Cincinnati.comSeptember 6, 2011

For nearly a decade he had advised clients on tax matters related to corporate mergers and acquisitions. He was good at his job - and well qualified for it, what with a finance degree from Miami University, and MBA and law degrees from the University ...more »

Customs Disputes
[read all news]
Attorney says problems not addressed by airline assurance it won't discriminate
WND.comSeptember 4, 2011

Saudi customs authorities enforce strict regulations concerning importation into Saudi Arabia of [a]ny item that is held to be contrary to the tenets of Islam." Further, he wrote, the lease agreement allowing Delta to operate at JFK "requires that ...more »

Public Offerings
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Charge homosexuals with genocide – Sam P. Yalley
GhanaWebSeptember 1, 2011

A Public Interest lawyer and former deputy minister under the Rawlings administration Mr. Sam Pee Yalley is proposing that persons arrested for acts of homosexuality should be charged not only with the provisions of the country's constitution but with ...more »

Debt Collection
[read all news]
It's 100 candles for giant law firm Borden Ladner Gervais
Vancouver SunSeptember 1, 2011

s 1986 acquisition of the Bank of BC, and was corralling smaller banks to form HSBC Bank Canada, which Tom Ladner incorporated. "Warren and I flew to Toronto," University of Toronto law grad Bird said, "and came back with the share certificates of the ...more »

Reorganizations & Restructuring
[read all news]
Jazz Festival reorganizes, struggles with debt
Shore News TodaySeptember 14, 2011

On Monday, the bank announced an ongoing restructuring that will mean cutting some 30000 jobs, with the intention of cutting billions in spending over the next few years, , but bank officials gave no indication that would affect future giving to the ...more »

Debt Settlement
[read all news]
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 »

State & Minicipal Bonds
[read all news]
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 »

Directors' & Officers' Liability
[read all news]
Vijaya Bank plans to open 12-15 'gen-next' branches
The HinduSeptember 3, 2011

The bank sanctioned loans worth Rs.8.02 crore at 9 per cent rate of interest to 1700 beneficiaries from the fishing community through 167 joint liability groups (JLGs). With the government subsidy and the interest subvention, the borrower gets the loan ...more »

Trade Associations
[read all news]
Cox Smith Attorneys Named 2012 Best Lawyers in America; Firm is Top Ranked in ... (press release)September 9, 2011

Kathleen Campbell Walker and Edward Rios focus on immigration and international trade law. Kathleen Campbell Walker, who was recognized by Best Lawyers for Immigration Law, is internationally recognized for her experience handling the complex issues ...more »

False Advertising
[read all news]
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 »

Unfair Competition
[read all news]
From Wal-Mart to hot dogs, courts important for workers
People's WorldSeptember 7, 2011

The judges found that Pac Anchor Transportation violated California's Unfair Competition Law by misclassifying the workers. Calling workers independent contractors lets companies get away with not paying Social Security, Medicare, ...more »

Federal Contracts
[read all news]
State workers right to make concessions
Concord MonitorSeptember 1, 2011

The Legislature killed the state's evergreen law, which automatically kept public employee contract provisions in place in the period between the expiration of an old contract and the signing of a new one, but contracts can contain an evergreen clause ...more »

Venture Capital
[read all news]
Highland Capital adds to European presence
Mass High TechSeptember 8, 2011

Highland Capital Partners said Thursday it will expand its presence in Europe with the addition of a new principal at the firm's London office. The Lexington-based venture capital firm said the principal is Sam ...more »

Federal Grants
[read all news]
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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