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

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Argentina Debates Foreign Land Buys
Wall Street JournalSeptember 1, 2011

Mrs. Kirchner has indicated that her law wouldn't be applied retroactively, meaning that current investments wouldn't be affected. One of the provisions of her proposal would be to create a unified registry of land ownership to define who owns what ...more »

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 »

Business Law News and Stories

Advertising
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Backpage.com 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 »

Federal Grants
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UF, Florida Department of Health awarded federal grants for public health
Florida IndependentSeptember 1, 2011

The University of Florida and the Florida Department of Health were awarded almost $2 million in federal grants partially funded by the Affordable Care Act yesterday. The Department of Health was awarded $1093662 ...more »

Antitrust Law, Domestic
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Antitrust Suit Hems AT&T
Wall Street JournalSeptember 3, 2011

The government lost that case because the court ruled it had defined the market too narrowly. AT&T believes the Justice Department has again incorrectly defined the market by focusing on the country as a whole and believes that gives the company ...more »

Foreign Investments
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'Iran successful in attracting investment'
Press TVSeptember 1, 2011

An Iranian lawmaker says the government has been successful in increasing exports and attracting foreign investments over the last year. Head of Iran's Majlis (Parliament) Agriculture, Water and Natural Resources Committee Abbas Rajaee, added Wednesday ...more »

Franchising
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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 »

Banking Law
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Low subsidiary valuation might help SBI unlock its value: Analysts
Economic TimesSeptember 1, 2011

NEW DELHI: The Rajya Sabha on Tuesday approved the State Bank of India's Subsidiary Banks Laws Amendment Bill, paving the way for the Centre to exercise greater control on these banks after transfer of powers from the Reserve Bank of India. ...more »

Gaming Law
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Canadian Group Files Class-Action Lawsuit Against Full Tilt Poker
Internet-Poker.co.ukSeptember 12, 2011

The lawsuit, filed by the Groupe des droits des consommateurs, comes as a response to the June 30 shutdown of Full Tilt Poker's worldwide operations due to the site having its operating license pulled by the Alderney Gambling Commission. ...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 www.stockcall.com/AON010911.pdf 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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Ex-Newark Deputy Mayor steered city contracts to developer, surveillance tapes ...
NJ.comSeptember 13, 2011

FBI surveillance tapes played at Salahuddin's corruption trial show him illegally steering construction contracts to a state contractor. NEWARK — On the day Mayor Cory Booker made his first state of the city address, he had vowed to end political ...more »

Commercial
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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 »

Institutional Investing
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Temasek Raises Stake in CCB
Wall Street JournalSeptember 5, 2011

Singapore state investment company Temasek Holdings Pte. Ltd. has bought 4.4 billion shares in China Construction Bank Corp., raising its stake to 8.10% from 6.27% of the bank's Hong Kong-listed shares, according to a filing to the Hong ...more »

Commercial Bankruptcy
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Judge Approves Lehman Deal to Cut Canary Wharf Claim
Wall Street JournalSeptember 2, 2011

A bankruptcy judge signed off on Lehman Brothers Holdings Inc.'s deal to trim $3.7 billion from a claim tied to properties in London's Canary Wharf financial district. Judge James Peck of US Bankruptcy Court in Manhattan on Thursday ...more »

NH Department of Labor at work for all of us
Foster's Daily DemocratSeptember 4, 2011

Our department's mission statement is clear and concise: to serve and protect the interests and dignity of the New Hampshire workforce. Our duty is to be sure the protections built into the law — wage payments, safety, compensation for work injuries ...more »

Commercial Leasing
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Minn. landowners livid over law allowing mineral drilling; meeting on topic ...
The RepublicSeptember 2, 2011

Last June's meeting was the first time since 1982 that that the council failed to approve a lease package. Secretary of State Mark Ritchie and State Auditor Rebecca Otto declined to comment on the issue this week, while Attorney General Lori Swanson ...more »

Internal Investigative Services
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External review
South Delta LeaderSeptember 3, 2011

Delta Police Chief Jim Cessford (right) converses with Insp. Ian MacWilliams of the Professional Standards Section at DPD's Ladner headquarters about the establishment of the Internal Investigations Office. By Philip Raphael - South Delta Leader “The ...more »

Communications & Media
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Obama's Close Ties To CEOs Whose Firms Dodge Taxes
Huffington PostSeptember 1, 2011

Cote scored $15.2 million in pay last year, while Honeywell secured a $471 million tax benefit. Honeywell told HuffPost that it complied with tax laws and that its executive pay standards are guided by executive performance. The company also said it is ...more »

International Transactions
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Learning verve
The LawyerSeptember 19, 2011

Legal education providers cannot ignore the increasingly global nature of commercial law. Most UK-qualified lawyers of the next generation will participate at some point in cross-border transactions. This raises questions about how to prepare that ...more »

Construction & Development
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Banda violated the law over the mosque - Kapiji
postzambia.comSeptember 2, 2011

By Chibaula Silwamba RUPIAH Banda violated the law by allowing the construction of a mosque in a residential area in Lusaka, says former lands minister Judith Kapijimpanga. And some residents of Rhodes Park, where the controversial mosque is being ...more »

UND music therapy program: Instrumental in passing first licensing law in the ...
Grand Forks HeraldSeptember 23, 2011

In just over a decade, the UND music therapy program has grown from zero students to 45 majors, establishing itself as a go-to program in the region, and working with the Legislature to help pass the country's first music therapy licensure law. ...more »

Contracts Involving State & Minicipality
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Would stretch of Brevard's South Beaches fare best as a city?
Florida TodaySeptember 1, 2011

If eventually created, this new municipality may extend from the vicinity of Spessard Holland Golf Course southward along State Road A1A to Sebastian Inlet. More than 14000 people live there, said Peter Fusscas, a retired business executive and South ...more »

Locating Funds
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Shoreline Police Receive Federal Grant Money for Radar Units and Portable ...
Patch.comSeptember 3, 2011

... or training to recognize terrorist threats, these are carefully screened and important expenditures. At a time when law enforcement agencies are struggling to meet needs because of budget cuts, these additional funds will help fill some gaps.”more »

Corporate Finance & Taxation
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Young lawyers have apples in their eyes
Times LIVESeptember 3, 2011

Three South African lawyers intend getting their teeth into the big apple after winning prestigious fellowships to work for major commercial law firms in New York for a year. Zanele Moloi, Nd umiso Dyantyi and Amit Parekh were selected after impressing ...more »

Mergers, Acquisitions & Divestitures
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Sean E. Murphy Joins Evercore Partners as a Senior Advisor
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 »

Creditor's Rights
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Small Business Roundup: Labor Day Edition
Small Business TrendsSeptember 5, 2011

In the event of bankruptcy, contracts that state financial terms will help you move up the priority list of creditors. Grow Smart Biz When you operate a small business these days, you need a powerful website. Remember that your Website may be the only ...more »

Non-Profit Corporations
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City Is Subpoenaed for Files on Minority Company
New York TimesSeptember 2, 2011

in the city government's contracting set-aside program for businesses owned by minorities and women. During the long tenure of former Mayor Richard M. Daley, which ended with his retirement in May, the minority-business program was a frequent source of ...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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Judge Forces Employer To Rehire Workers Who Vented On Facebook
ForbesSeptember 7, 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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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 »

Public Offerings
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Disbarred RI lawyer charged for practicing law again
Providence JournalSeptember 25, 2011

For many years, Levitt was a prominent real-estate lawyer in Rhode Island with a practice on the East Side of Providence. But in 1991, he was one of four lawyers suspended from practice for loaning money to or arranging loans for former Family Court ...more »

Debt Settlement
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U.S. RICO Law Can't Be Applied Abroad, Madoff Judge Says in UniCredit Suit
BloombergSeptember 7, 2011

US District Judge Jed Rakoff, explaining an earlier decision to take over consideration of the issue from a bankruptcy judge, said he would determine “the precise contours” of the Racketeer Influenced and Corrupt Organizations Act and how it was used ...more »

State & Minicipal Bonds
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Diane Mastrull: Here, kitty! No, not there!
Philadelphia InquirerSeptember 5, 2011

Not doubting that is Ron Hill, a professor of marketing and business law who has studied the pet-supplies industry and owners' relationships with pets. An emerging trend, evidenced by an increasing number of hotels that welcome pets, is ascribing human ...more »

Directors' & Officers' Liability
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Regional district firehalls to create their own alcohol policies
Keremeos ReviewSeptember 2, 2011

Hampson suggested that the regional district firehalls could follow an example set by the Squamish firehall, who were able to deal successfully with the alcohol and liability issues. Oliver rural Director Allan Patton suggested that the board look for ...more »

Trade Associations
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Chevron Corporation (NYSE:CVX) Wins Legal Case
eMoneyDailySeptember 1, 2011

The energy company Chevron Corporation (NYSE:CVX) has won a $96 million arbitration claim against the government of Ecuador for violating International Trade Law. The international arbitration tribunal settled seven cases the company filed against ...more »

False Advertising
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St. Petersburg ordinance would make it illegal for panhandlers to lie on their ...
Tampabay.comSeptember 2, 2011

"I don't think of it as much different from regulating false or misleading advertising." Winn added that there's also a commercial reason to believe the ordinance doesn't infringe on free speech: "Because I think they're trying to engage in a ...more »

Unfair Competition
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This Means War: Leaf Files Countersuit Against Topps
The Cardboard ConnectionSeptember 16, 2011

The most striking part of Leaf's response, which was filed on September 15, is its claim of unfair competition against Topps. Paragraph 73 of Leaf's filing gives you a good idea of the company's tone: 73. Topps' actions are unlawful, unfair, wrongful, ...more »

Federal Contracts
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Amazon Pushes Harder To Win Government Cloud Market
InformationWeekSeptember 2, 2011

Amazon is also building up partnerships with an array of government contract specialists, including Northrop Grumman, SAIC, Booz Allen, Deloitte, and geospatial services company ESRI, as well as smaller contractors that have a focus on the government ...more »

Venture Capital
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LIC set to foray into venture capital biz
Financial ExpressSeptember 2, 2011

Mumbai: 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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Hollywood Dealmaking: Negotiating Talent Agreements for Film, TV and New MediaHollywood Dealmaking: Negotiating Talent Agreements for Film, TV and New Media
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Thomas J HilligossAttorney at LawPRACTICE AREA: Personal Injury, Family Law, Real Estate Law, Bankruptcy Law, Industrial Development Law
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