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

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Men seek equality, say divorce laws treat husbands as ATMs
Deccan HeraldApril 1, 2012

The latest decision of the Union cabinet to amend divorce laws has been opposed by organisations which say they work to protect the rights of men. These organisations claim that divorce laws favour the interests of women and reduce men to being ATMs, ...more »

E-commerce tax to target out-of-state retailers
MiamiHerald.comApril 1, 2012

Georgia joined other states this week in passing a law aimed at collecting billions in lost sales tax revenue from online retailers. The Legislature passed the measure as part of a comprehensive overhaul of the state's tax code.more »

Business Law News and Stories

Advertising
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NEWS OUTDOOR RUSSIA AND THE FBI – THE MOSCOW PROSECUTOR SPELLS OUT WHAT'S ...
Business InsiderApril 2, 2012

The criminal investigations now under way against him, his son James, his senior executives at News Corporation, company lawyers, and hired hands in the UK, the US and Australia are, he tweeted, nothing more than “every competitor and enemy piling on ...more »

Federal Grants
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Help for victims, witnesses at a premium
Beaver County TimesApril 1, 2012

Assistance for victims who are 60 or older or on disability who have been the victims of fraud. Posted: Friday, March 30, 2012 2:20 pm | Updated: 7:30 pm, Sun Apr 1, 2012. BEAVER -- The Victim/Witness Assistance Project helps thousands of people each ...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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LightSquared Prepares To Sue Over Failed Broadband Plan
Aviation International NewsApril 4, 2012

But that doesn't appear to faze Philip Falcone, who owns LightSquared through his Harbinger Investments company. An up-and-coming professional ice hockey player before injuries took him out, Falcone moved on to Harvard Law School, graduated and became ...more »

Franchising
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Still no baseball deal as informal deadline passes
Scranton Times-TribuneApril 2, 2012

Majority Commissioners Jim Wansacz and Corey O'Brien, as they have for weeks, said the negotiations on a definitive agreement for the sale of the Multi-Purpose Stadium Authority-owned franchise to SWB Yankees LLC and a new lease on the rebuilt ballpark ...more »

Banking Law
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How to Tell if You're Caught in the Giant Global Payments Credit Card Fraud
PCWorld (blog)April 2, 2012

First, start monitoring your credit card statement (thank goodness for online banking) for unauthorized activity--though, given that the breach has been happening for a while--you may have already noticed something awry. Look for charges for items or ...more »

Gaming Law
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Maryland bill would let casinos add table games
Bethany Beach WaveApril 1, 2012

And, even before that, it requires the governor's signature to become law. Gov. Martin O'Malley isn't keen on table games, and expansion of gaming wasn't part of his legislative or budget package, spokeswoman Raquel Guillory said.more »

Business Formation
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“Clinical” companies on the increase
PR Web (press release)April 2, 2012

A new wave of “clinical” start-ups saw a record high in February 2012, according to the official Company Register analysed by Duport Associates Ltd. Duport Associates have discovered that 25 new companies were formed in February 2012 with the word ...more »

Government Construction Contracts
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Montreal Construction Mafia – Collapse Imminent
Examiner.comApril 2, 2012

Many Quebecers are shell-shocked after months of apparently well-founded allegations of infiltration of public-works contracts by organized crime, and the clock ticks on with no arrests. This corruption is so insidious that the former Montreal police ...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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Indian tax 'calls rule of law into question'
Daily News & AnalysisApril 2, 2012

A letter to Indian Prime Minister Manmohan Singh from organisations such as the CBI, the US National Foreign Trade Council and Japan Foreign Trade Council warns that the changes have questioned the rule of law, due process and fair treatment in India.more »

Commercial
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Animal instinct and China's African odyssey
MarketWatchApril 2, 2012

Caixin: In what areas do you think Chinese companies are lacking when they move into Africa? What do Chinese companies need to be aware of? Zhong: If the Western way of operating in Africa can be compared to a large formation of regular army soldiers, ...more »

No legal cover for journalists refusing to divulge source
Times of IndiaApril 2, 2012

The only law that provides such immunity is Section 15(2) of the Press Council Act 1978, which anyway deals with a body that has no teeth. This legislative neglect is despite a history of heroic gestures made by journalists during the freedom struggle ...more »

Commercial Bankruptcy
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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 »

Internal Investigative Services
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How to Fight Check Fraud
PCWorldApril 2, 2012

Charles Andrews, TeleCheck: Potential cases come from many different directions--from victims, law-enforcement agencies and our own internal systems--and then we use different tools to determine which cases require investigation.more »

Commercial Leasing
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Interior designs
The LawyerApril 2, 2012

“All commercial lawyers should spend a period on secondment,” says Murphy. “It provides good lessons in understanding what drives clients and allows them to gain first-hand experience of the pressures and benefits of working in-house.more »

International Transactions
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SFO Secret Settlements, Wells Fargo, Confirmations: Compliance
BloombergApril 2, 2012

Britain's Serious Fraud Office, which prosecutes corporate bribery, uses too many secret settlements in foreign corruption cases, the Organization for Economic Cooperation and Development said. The SFO is using more so-called civil-recovery orders that ...more »

Communications & Media
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Like in Florida, N.C.'s 'Castle Doctrine' law saves lives
Charlotte ObserverApril 1, 2012

Amid rhetoric about “legalized vigilantism,” national media rush to indict both George Zimmerman and Florida's “Stand Your Ground” (SYG) law. But even as editorialists call for curtailing such laws, Zimmerman's own lawyer admits SYG probably doesn't ...more »

Police, FRSC Imbroglio Reared Its Head
AllAfrica.comApril 1, 2012

... DIG, Olajide Akano, in charge of ICT told the Committee that the law does not empower FRSC to register vehicles, just as he explained that the responsibility rests with Motor Licensing Authority (MLAs) of each state of the Federation.more »

Construction & Development
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Signs of Supreme Court activism worry Reagan-era lawyers
Boston HeraldApril 1, 2012

At the heart of last week's argument over the health care law was a dispute over power. Does Congress or the Supreme Court define the limits of economic regulation? The Obama administration's lawyers, relying on 20th century precedents, said Congress ...more »

Locating Funds
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Bitcoin, the City traders' anarchic new toy
ReutersApril 2, 2012

Banking and payment expert Simon Lelieveldt believes they are living on borrowed time. "There is always a power base underlying a currency," he said, speaking at the Digital Money Forum in London in March. "Bitcoin is not going to fly because there is ...more »

Contracts Involving State & Minicipality
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US law expected to help firms go public, raise capital
TheChronicleHerald.caApril 1, 2012

On March 27, Congress passed the JOBS (or, rather ludicrously, Jumpstart Our Business Startups) Act, which aims to revive growth by easing the regulatory burden on companies seeking to raise capital. The act is designed to address the decline in ...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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Deputies make arrest for drugs
Dodge County NewsApril 4, 2012

Bryan Miller (age 37), of Eastman, has been charged with Violation of the Georgia Controlled Substance Act (VGCSA), possession of a firearm by a convicted felon and violation of probation in connection with the case. Dodge County Sheriff Jeff Hinson ...more »

Mortgages & Foreclosures
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NOTICE OF FORECLOSURE SALE 11 . . .
New Bern Sun JournalApril 2, 2012

NOTICE OF FORECLOSURE SALE 11 SP 224 Under and by virtue of the power of sale contained in a certain Deed of Trust made by Gloria F. Courtemanche to First American Title Insurance Company, Trustee(s), dated the 27th day of June, 2007, and recorded in ...more »

Corporate Finance & Taxation
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Japan in Sales-Tax Battle
Wall Street JournalApril 1, 2012

But anti-tax lawmakers within his party may hinder the premier's attempt to push the tax discussion forward. The fiscally hawkish prime minister reiterated that he has staked his political career on writing into law the two-step national consumption ...more »

Non-Profit Corporations
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Federal judge questions Obama's comments about power of courts
msnbc.comApril 4, 2012

President Barack Obama's comments about the health care law touched off a debate, leading a federal judge to ask the Justice Department to refute what Obama said. By msnbc.com staff NBC News' Pete Williams reports on a controversy sparked by federal...more »

Creditor's Rights
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Deer Creek center: Good planning worth approval
Petaluma Argus CourierApril 2, 2012

... creates 800 new retail and service jobs and will generate much-needed tax revenue for a city teetering on the edge of bankruptcy, generate so many polarizing opinions? Claims that new retail development will lead to “small business cannibalism” is ...more »

Professional Corporations
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Biscom and Adaptive Solutions Enhance Biscom for iManage to Support Secure ...
MarketWatch (press release)April 2, 2012

... of the AmLaw 200(eqnx:)s most secure document delivery technology, and Adaptive Solutions, Inc., a premier provider of support and consulting services for law firms, today announced enhancements to their jointly developed connector for iManage.more »

Customs Disputes
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SFO Secret Settlements, Wells Fargo, Confirmations: Compliance
BloombergApril 2, 2012

Britain's Serious Fraud Office, which prosecutes corporate bribery, uses too many secret settlements in foreign corruption cases, the Organization for Economic Cooperation and Development said. The SFO is using more so-called civil-recovery orders that ...more »

Public Offerings
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Florida shooter would surrender if charged: lawyer
ReutersApril 3, 2012

That same day, State Attorney Norm Wolfinger also said he was taking himself off the case "with the intent of toning down the rhetoric." Wolfinger on Monday broke a long silence about the case, denying reports he quashed police intentions to charge ...more »

Debt Collection
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Romney: I'm not looking to break up big banks
The Hill (blog)April 2, 2012

By Peter Schroeder - 04/02/12 12:25 PM ET Mitt Romney isn't interested in breaking up the nation's biggest banks. Instead, the GOP front-runner says it was a "perfect storm" of events that led to the financial meltdown, not some fundamental imbalance ...more »

Reorganizations & Restructuring
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Peter Goldstone Returns to Hanley Wood As CEO
Folio MagazineApril 9, 2012

Along with that, former Hanley Wood president Peter Goldstone, who left during a corporate restructuring in November 2010, is returning to the company as CEO. The changes will take effect in early May. Anton has led the company, one of the biggest and ...more »

Debt Settlement
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Tampa-based WellCare agrees to $137.5M settlement
Bangor Daily NewsApril 5, 2012

In his 2010 lawsuit, Ceglia claims that he and Zuckerberg signed the document in 2003, when he hired Zuckerberg, then a Harvard University freshman, to help him develop a street-mapping database. According to the Ceglia, the contract includes language ...more »

State & Minicipal Bonds
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Pols argue for paid sick time law
New York Daily NewsApril 2, 2012

Unfortunately, many big firms in New York are not following in the footsteps of neighborhood businesses like Esmeralda's. It's time for the City Council to pass a law ensuring all workers can earn paid sick days at work to care for their health.more »

Directors' & Officers' Liability
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Entrepreneurs win half a loaf with the JOBS Act
Washington ExaminerApril 1, 2012

Liberal critics attack the bill as a pro-Wall Street deregulation, but the measure actually helps ordinary Americans bypass big banks, investment brokerages and large investors -- which might be why some senators weakened the bill, ...more »

Trade Associations
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High court decision could change law's provisions already in effect
STLtoday.comApril 1, 2012

While any decision is likely to be close, the justices sounded as if they could strike down the law's "individual mandate," which requires nearly everyone to obtain coverage by 2014 or pay a fine, as well as the directive that states expand Medicaid...more »

False Advertising
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HC stops US portal from posting content against Indian 'baba'
Hindustan TimesApril 2, 2012

In case interim order is not passed, he will suffer irreparable loss and injury. "Till the next date, the defendants...are restrained from selling, leasing, licensing, writing, publishing, hosting, advertising, any content, existing or future, ...more »

Unfair Competition
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US GOLD - Gold tentatively bounces on strong US manufacturing data
FXstreet.comApril 2, 2012

2.1 We do not guarantee that access to this Website will be continuously available and will not be liable if for any reason (including but not limited to) the Website being suspended temporarily and without notice in the case of system failure, ...more »

Federal Contracts
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EFCC Arraigns Female Architect Over N45 Million Fraud
AllAfrica.comApril 1, 2012

By Paul Dada, 31 March 2012 The Economic and Financial Crimes Commission (EFCC) has arraigned a female architect, Nwanne Okengwu Emeh of Dunnel Worldwide Limited before the Lagos State High Court, Ikeja for allegedly obtaining various sums of money ...more »

Venture Capital
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Venture Capital No Longer Hates Us, Amazon.com's CTO Says
PCWorldApril 3, 2012

By Jeremy Kirk, IDG-News-Service:Sydney-Bureau When Amazon Web Services launched a few years ago, the venture capital community wasn't a big fan. "Many folks in the venture capital community hated us because we robbed them of the opportunity to get to ...more »

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