Business Law News. Crime Stories, Law on News and Legal Publications in April, 2012

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Steven Pearlstein: Eat your broccoli, Justice Scalia
Washington PostApril 1, 2012

Yet despite the fact that “Obamacare” did all of those things and more, there was not a single brief in support of the law from an organization representing big business. Small businesses have spent the past two decades complaining that the reason they ...more »

Live Wire: State has promised quicker refunds this year
Fayetteville ObserverApril 1, 2012

Q: Can a power of attorney be overturned? My mom had designated power of attorney to me in 2002 and this year they said she had changed it and put her in a nursing home. I don't think this was her wish. What recourse do I have?more »

Business Law News and Stories

Advertising
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'Birther' movement needs to die
Arizona Daily SunApril 2, 2012

The court said it did not have jurisdiction over the matter brought by Lafayette Hill lawyer Philip Berg. The US Supreme Court, which does have jurisdiction, told Berg in 2008 that it would not hear his case nor would it listen to his subsequent ...more »

Federal Grants
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Wayne Pacelle, CEO of HSUS, comes to New Orleans for book-signing
NOLA.comApril 1, 2012

He tells the story of the biggest animal rescue mission in American history and how it led to the federal Pet Evacuation and Transportation Standards (PETS) Act, which requires every local or state disaster response agency receiving funding from FEMA ...more »

Antitrust Law, Domestic
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EU investigates Motorola after Apple, Microsoft complaints
Los Angeles TimesApril 3, 2012

By Michelle Maltais European regulators are investigating whether phone maker Motorola Mobility overcharged Apple and Microsoft for use of its patents in products such as the iPhone and Xbox, in violation of antitrust laws. The European Commission ...more »

Foreign Investments
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The wages of investing in sin
The PressApril 1, 2012

Even in a recession, tobacco companies have proved to be extremely profitable; avoiding so-called sin investments is harder than it seems, reports JASON KRUPP. Ask the average person if they'd invest their hard- earned money in a law-suit-prone ...more »

Franchising
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Big Changes are Happening at Franchise Clique
Virtual-Strategy MagazineApril 1, 2012

For a lot of people that do not know what Franchise Clique is announcing, it simply means that the cruise ship section of the Expedia company has gotten together with Franchise Clique. This partnership agreement allows Franchise Clique to post the ...more »

Banking Law
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Searching shadows for end to foreclosure crisis
BusinessWeekApril 1, 2012

Verna turns the car around in case he needs to make a quick exit and tucks a Smith & Wesson pistol into his jeans. "Just watch your step," the real estate agent says, parting bushes grown across the building's entry path. Beyond is the darkened doorway ...more »

Gaming Law
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Local cities, districts can apply for gaming funds
Ukiah Daily JournalApril 4, 2012

According to Angelo's office, the first priorities for grant money include law enforcement, fire services, emergency medical services, environmental impacts, water supplies, waste disposal, behavioral health, planning and adjacent land uses, ...more »

Business Formation
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Ex-Dodgers Prospect Bill Bene Could Face Jail Time for Karaoke Scam
NESN.comApril 1, 2012

by Brian Roach on Sun, Apr 1, 2012 at 1:44PM On Thursday, Bene, a former Dodgers pitching prospect, pleaded guilty to copyright infringement and tax fraud after never reporting income from his karaoke business to the IRS, according to NBC Los Angeles.more »

Government Construction Contracts
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Rousseff Roils Amazon With Hydropower Plan
BusinessWeekApril 11, 2012

Rousseff, following policy pushed by Lula, says the government's role is to lead and bankroll economic development. Brazil is financing 1.6 trillion reais for constructing dams and improving roads, railways, ports, oil rigs and refineries, ...more »

Business Law
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Bloomberg Law Expands with Integration of BNA Content
Business Wire (press release)April 2, 2012

(BUSINESS WIRE)--Bloomberg Law today announced the expansion of its legal research platform with the integration of content from Bloomberg BNA's trusted law reports, portfolios and treatises. Bloomberg acquired BNA in September 2011.more »

Institutional Investing
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The Securities Arbitration Law Firm of Klayman & Toskes Continues Its ...
MarketWatch (press release)April 10, 2012

K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities ...more »

Commercial
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Finers partner slams SRA's new rules on defending solicitors
The LawyerApril 1, 2012

Jennifer Johnson, SRA head of legal and enforcement, said: “Just as law firms need to identify risks and amend policies accordingly ahead of time, so the SRA needs to regularly review its practices and the terms of its commercial relationships.more »

Obama: Stock law will reduce 'trust deficit'
USA TODAYApril 4, 2012

"We were sent here to serve the American people, and look out for their interests -- not to look out for our own interests," Obama said before signing the so-called STOCK Act. The acronym in the STOCK Act stand for Stop Trading on Congressional ...more »

Commercial Bankruptcy
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Sino-Forest files for bankruptcy protection
BusinessWeekApril 1, 2012

By CHARMAINE NORONHA Sino-Forest said it will implement a restructuring plan if the company doesn't receive a suitable takeover offer. The request to the Ontario Superior Court is the equivalent of US Chapter 11 filing. "We believe the full value of ...more »

Internal Investigative Services
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France opens investigation after raids on Islamist radicals
Chicago TribuneApril 3, 2012

The killings have turned internal security into a bigger election issue ahead of the April 22 opening round and may have improved President Nicolas Sarkozy's chances in a race in which he trails in polls behind Socialist rival Francois Hollande.more »

Commercial Leasing
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A brief look at NC state Rep. Bill Faison
BlueRidgeNow.comApril 1, 2012

Manager of the Faison Law Group, Durham. Other business interests include commercial real estate, land development, an aircraft leasing company and a family farm. POLITICAL CAREER: Elected to North Carolina state House in 2004 and re-elected three more ...more »

International Transactions
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Wilson Sonsini Goodrich & Rosati to Expand Corporate & Securities Practice in ...
MarketWatch (press release)April 9, 2012

"Zhan has impressive experience in private equity, going-private, and cross-border M&A transactions and enjoys a solid reputation in the Chinese business and legal community," said Weiheng Chen, head of the firm's China practice.more »

Communications & Media
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Social media policy can reduce risk of reputational damage
Business InsuranceApril 1, 2012

Insurer use of social media was one of several topics covered during the Professional Liability Underwriting Society's annual Medical PL Symposium last week in Chicago. During a panel discussion on social media, speakers said insurers and health care ...more »

I Thought that My Michigan Concealed Pistol License was Good for 5 Years
AmmoLand.com (press release)April 2, 2012

A: MCL 28.425l specifies that renewal licenses expire between 4 and 5 years after issuance. The current law has your second, and all subsequent, CPLs expiring on your birthday at least 4 and not more than 5 years after issuance.more »

Construction & Development
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3rd and final phase of downtown renovation to start
Battle Creek EnquirerApril 1, 2012

John Grap/The Enquirer • $54 million invested by Kellogg Co. as part of its research and development expansion more than $7 million by Hinman Co. Additional information about the construction, including maps, may be seen online at ...more »

Locating Funds
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Karl Rove's NAACP Analogy Runs Afoul Of Law, History
Huffington PostApril 3, 2012

"In the case of the NAACP membership lists, the rights of American citizens were protected," Wertheimer said. "In the case of campaign finance disclosure, the rights of American citizens to a government free from corruption are being protected." Legal...more »

Contracts Involving State & Minicipality
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W.Va. businessman helps challenge health care law
Wetzel ChronicleApril 1, 2012

Earlier this year, he agreed to become one of a handful of individual plaintiffs in the National Federation of Independent Business' lawsuit targeting the federal law. Klemencic opposes the overhaul's eventual requirement that most people obtain health ...more »

Mergers, Acquisitions & Divestitures
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UPDATE: Dresner Partners Advises ARRIS Group, Inc. on the Divestiture of Its ...
MarketWatch (press release)April 4, 2012

Dresner provides financial advisory services to business owners and managers throughout the world, including institutional private placements of debt and equity, merger and acquisitions, valuations and strategic consulting services.more »

Controlled Substances Law
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America's Bipartisan Reefer Madness
Reason OnlineApril 6, 2012

But the federal Controlled Substances Act holds that cannabis is a dangerous drug with no medical value, ranking it alongside substances like heroin and mescaline.” Despite his campaign vows to make marijuana enforcement a low priority, the president ...more »

Mortgages & Foreclosures
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AP News in Brief at 8:58 pm EDT
Plain DealerApril 5, 2012

AP CHICAGO (AP) — US Attorney General Eric Holder said Wednesday that the Justice Department will respond "appropriately" to a federal appellate judge in Texas who demanded a letter recognizing federal courts' authority to strike down laws passed by ...more »

Corporate Finance & Taxation
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Preachers in the eye of a storm
The IndependentApril 1, 2012

Ms Koper was appointed finance director of TBN in July but claims to have been forced to leave the organisation after attempting to "blow the whistle" on allegedly "illegal financial schemes" she stumbled upon during her employment.more »

Non-Profit Corporations
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Buffalo Common Council Summary for April 3
WKBW-TVApril 3, 2012

South Buffalo Alive is a non-profit organization whose mission is to improve the quality of life in South Buffalo. The “Parade of Circles” is a community event that was established in 2001 to celebrate the culmination of the beautification of McKinley ...more »

Creditor's Rights
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Dealmaker of the Week: Joseph Shenker of Sullivan & Cromwell
The American LawyerApril 1, 2012

In the wake of the divorce, the team sought Chapter 11 bankruptcy protection in June and then wrangled with MLB over McCourt's attempts to negotiate a television-rights deal with Fox Sports. Between the divorce, the bankruptcy, and the court-supervised ...more »

Professional Corporations
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Public Eye: Did Sacramento school district pay company without a contract?
Modesto BeeApril 1, 2012

Mike Gullatt, Energy Education's senior vice president of corporate communications, said his company strongly disputes the district's allegations. The company followed all the district's procurement and legal rules, Gullat said.more »

Customs Disputes
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Govt stops use of tax credits
Manila Standard TodayApril 1, 2012

Mr. Aquino ordered the Budget and Finance departments as well as the Bureaus of Internal Revenue and Customs to craft the implementing rules and regulations for the VAT-TCC monetization program. Executive Secretary Paquito Ochoa Jr. said the ...more »

Public Offerings
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GOP staffer seeks $1.75 million settlement over Pam Roach decision
The Seattle TimesApril 4, 2012

A state Senate GOP senior attorney is seeking a $1.75 million settlement from the state, saying that Republicans have created a hostile work environment by allowing Sen. Pam Roach back into the caucus in exchange for a vital vote on their budget plan ...more »

Debt Collection
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Northern Trust Ready for New UK Tax Transparent Pooled Fund Structure
MarketWatch (press release)April 2, 2012

The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch, which is an authorised foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The ...more »

Reorganizations & Restructuring
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Hostess execs find their paychecks have less filling
Houston Chronicle (blog)April 10, 2012

Gregory Rayburn, a restructuring expert who took over as chief executive last month, said the top four Hostess executives reporting to him agreed to cut their annual salaries to $1 until the company either emerges from bankruptcy or Dec.more »

Debt Settlement
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Foreclosure settlement about to take another swipe at homeowner equity
OregonLive.comApril 1, 2012

(Note the frequent use of the word "alleged" because no one has admitted any wrongdoing or been charged with any crime.) As we now know, one of the key features of the consent judgment is that these banks are required to offer principal reductions to ...more »

State & Minicipal Bonds
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UK plans new snooping laws
Hindu Business LineApril 1, 2012

Under the planned new law, Internet firms will be required to give intelligence agency, Government Communications Headquarters (GCHQ) access to communications on demand, in real-time. The British Home Office says the move is key to tackling crime and ...more »

Directors' & Officers' Liability
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Proposed city budget rises 3 percent to $31.1 million
Quincy Herald WhigApril 1, 2012

Increases in liability insurance, health insurance premiums and pension contributions have fueled a 3 percent increase in the general budget from this fiscal year. Director of Administrative Services Gary Sparks said most of the budgetary increases are ...more »

Trade Associations
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Celebrity chefs land in legal soup
Minneapolis Star TribuneApril 1, 2012

Here's a tip: Employment law challenges for restaurants merit special attention, from harassment to tip sharing. Photo: AP, Associated Press Recent news that two "celebrity chefs," Paula Deen and Mario Batali, are separately embroiled in litigation...more »

False Advertising
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Trayvon Martin case 911 call: Screams not George Zimmerman's, 2 experts say
msnbc.comApril 1, 2012

Asked if he thought such tests would be admissible in court, Owen said "yes" and noted he had recently used similar testing in testimony at a Connecticut murder case that involved 911 call. Zimmerman told police that he screamed for help during his ...more »

Unfair Competition
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More groups want input on AEP rates
Columbus DispatchApril 19, 2012

“During the last proceeding, our group was largely on the outside looking in,” said Brian Barger, a Toledo attorney who represents the Ohio Construction Materials Coalition, one of the groups that has petitioned to join the rate case.more »

Federal Contracts
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Website allows a whole new look at the Gulf oil spill (Turner)
Press-Register - al.com (blog)April 1, 2012

By KA Turner, Press-Register The reason it's interesting: That's the amount of money the federal government has obligated, thus far, to Gulf oil spill contracts, according to usaspending.gov. Now, as with all conversations about federal spending, ...more »

Venture Capital
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Security specialist gets €5m funding to expand deployment
New ElectronicsApril 4, 2012

Security specialist Intrinsic-ID has received €5million in a new funding round led by Robert Bosch Venture Capital and existing investor Prime Ventures. "We are proud to welcome RBVC as one of our investors", said Pim Tuyls, Intrinsic-ID's ceo.more »

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