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

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Five Tips For Selecting The Right Commercial Property Management Firm
PR Web (press release)April 1, 2012

Landlords have many choices when it comes to deciding which commercial property management firm to hire. The challenge is choosing the one company that will meet their objectives according to Capital Retail Group, a premier commercial real estate firm ...more »

The mess isn't over: Florida residents search shadows for end to foreclosure ...
Naples Daily NewsApril 1, 2012

The homeowner tells the judge he thought a loan modification had been finalized, allowing him to keep the home, until a lawyer called to say it was back in foreclosure. "That's ridiculous," Lewis tells the lawyer for the bank. "I'm not doing this thing ...more »

Business Law News and Stories

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Solano County DA reaches deal with chiropractor
TheReporter.comApril 1, 2012

The lawsuit stated Altadonna engaged in false and misleading advertising and unfair business practices related to the marketing of the DRX-9000, a spinal traction device. According to the district attorney's office, Altadonna received commissions from ...more »

Federal Grants
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Leagle.comApril 2, 2012

... Block & Leviton LLP & Megan D. McIntyre, Grant & Eisenhofer PA, Pro Hac Vice. Iron Workers, Movant, represented by David S. Nalven, Hagens Berman Sobol Shapiro LLP. The plaintiffs, 1 a class of investors, bring this securities fraud action against ...more »

Antitrust Law, Domestic
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Boies Hire, Verrilli Ad, Justice Tax Chief: Business of Law
BusinessWeekApril 2, 2012

The New York-based law firm lost 12 insurance and regulatory lawyers to Willkie Farr & Gallagher LLP (1179L) (1179L) on March 17. A call to Dewey's spokesman Angelo Kakolyris wasn't returned. Allen & Overy LLP (323556L) (323556L) announced March 29 the ...more »

Foreign Investments
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Ann Romney trust invested in fund that exited sex-site firm
ReutersApril 3, 2012

"Furthermore, the trustee invests in funds, but, as a passive investor, has no control over the funds' investments." Goldman's divestiture is the latest development in a growing controversy over online adult advertising that has pitted celebrities, law...more »

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Former Kumon franchisee settles for $2500
NorthJersey.comApril 2, 2012

The deal announced by Kumon came two weeks after the company filed a counter-claim against the former franchisee, Maria Wachtel, and her company, Access Today Inc. of New Windsor, NY, accusing her of fraud and breach of contract.more »

Banking Law
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Banks look to boost their image
The AustralianApril 2, 2012

In recent years banks have had to absorb a series of costly and complex regulatory burdens, including laws on consumer credit, unfair contracts and responsible lending. More recently, the ABA has argued there was no clear problem that required the ...more »

Gaming Law
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Spy Games - by Michael Peck
Foreign Policy (blog)April 2, 2012

(Law enforcement agencies contacted the Department of Homeland Security's Science and Technology Directorate for help on a tool to examine gaming console data. The Department of Homeland Security (DHS) then asked the Naval Postgraduate School (NPS) to ...more »

Business Formation
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Nyc run over
New York PostApril 1, 2012

“It's a crisis,” said Michael McKeon, a spokesman for Fraud Costs New York, a coalition of consumers, businesses, elected officials, insurance trade associations and others battling auto insurance fraud in New York state. McKeon said the crisis needs ...more »

Government Construction Contracts
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Government Watch: A roundup of this week's agendas
San Luis Obispo TribuneApril 2, 2012

... a $2.2 million contract with JC Baldwin Construction and TerraCosta Consulting Group, and a $34128 agreement with Cannon Corp. for construction monitoring work; report on vacation rental regulations for properties in the city's coastal zone.more »

Business Law
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Governor to sign Conn. gas tax cap bill into law
Boston.comApril 2, 2012

Dannel P. Malloy is expected to sign a bill into law that caps Connecticut's tax on the wholesale price of gasoline, bringing a small amount of relief at the pumps for motorists. Malloy says he will sign the bill into law on Tuesday, giving businesses...more »

Institutional Investing
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The Lawsuit Business Is Good For UK's Burford Group
ForbesApril 4, 2012

In one case, two entrepreneurs took to fighting after they sold their business for $100 million. One hired a prominent law firm but was running out of cash when Burford stepped in with $2.4 million to keep the case alive. Burford stood to recover as ...more »

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Electronic billboard disputes intensify in court
Arizona RepublicApril 1, 2012

And the billboard industry began moving into commercial zones near residential areas by converting old billboards. A request and eventual approval for an electronic billboard on Loop 101 in northeast Phoenix, a stretch of road that previously had no ...more »

Tsvangirai Mustn't Flip-Flop On Issues of National Interest
AllAfrica.comApril 2, 2012

These three are central to the politics of Zimbabwe and form the core of the country's national interests. Speaking to Al Jazeera in London where he was attending an African business conference, Prime Minister Tsvangirai said the empowerment law was an ...more »

Commercial Bankruptcy
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Idaho court hosts pro-bono mediation program
The Idaho StatesmanApril 1, 2012

The United States District and Bankruptcy Court, District of Idaho, will partner with the Ninth Circuit Alternative Dispute Resolution Committee to host the “Resolution Roundup.” Susie Boring-Headlee, who's organizing the program locally, said 30 cases ...more »

Internal Investigative Services
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Davis' employees often investigated
Columbus DispatchApril 10, 2012

If nothing else, Davis brought with him an increasing penchant for disciplinary investigations. There were 135 “administrative investigations” launched against Davis' roughly 220 employees last year. Of those, 19 were unsubstantiated.more »

Commercial Leasing
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TEXT-S&P affirms Oman Power and Water at 'A'
ReutersApril 2, 2012

Its legal role is to secure the production capacity and output to meet "all reasonable demands" for electricity, and to secure the production of desalinated water. This includes the critical function of forecasting the demand and supply of electricity ...more »

International Transactions
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Ethiopia: The Rule of Law in Ethiopia's Democratic Transition (blog)April 2, 2012

... contracts and market transactions. Where there the rule of law prevails, good governance (accountability, transparency, free and fair elections, etc.) follows and economies grow. Since the 1990s, the World Bank and the International Monetary Fund, ...more »

Communications & Media
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Law against texting behind the wheel sends mixed message
Scranton Times-TribuneApril 1, 2012

By Denis J. O'Malley (Staff Writer) Thanks to a state law that went into effect March 8, it is illegal for drivers to read, write or send text messages, emails or any other "text-based communications" from behind the wheel. Of course, making a phone ...more »

EU Launches 2 Antitrust Probes Against Motorola
ABC NewsApril 3, 2012

The Commission said it "will assess whether Motorola has abusively, and in contravention of commitments it gave to standard setting organizations, used certain of its standard essential patents to distort competition." Under EU competition law, ...more »

Construction & Development
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Little-known court ruling could lead to big-time mess
Nashua TelegraphApril 1, 2012

This dates to the Voting Rights Act that is still applied here as it relates to 10 small communities. On Friday, O'Brien instructed Attorney General Michael Delaney that he wanted to review the AG's submission to federal authorities before it goes out.more »

Locating Funds
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Workshops still get most federal funds for disabled
Columbus DispatchApril 3, 2012

Some say the low pay is immoral; others view the federal law as a godsend. Five CiCi's Pizza locations in central Ohio will participate in a "thank-you" day promotion on Tuesday, March 27. On that day, the restaurants will offer a "guest appreciation" ...more »

Contracts Involving State & Minicipality
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Changes on horizon
Times DailyApril 1, 2012

Hammon estimates that 80 percent of Alabamians support the law. “What they should do is repeal the law because it is a negative symbol for Alabama,” said Sen. Roger Bedford, D-Russellville. “It is hurting us with economic development and costing us ...more »

Mergers, Acquisitions & Divestitures
[read all news] Launches New Site Focused on Investment Banking Industry (press release)April 5, 2012

Deal Capital is pleased to announce the launch of its new website which will feature more emphasis on mergers, acquisitions, and investment banking. The site will focus on DealCapital's specialty consulting services on strategies for enhancing healthy ...more »

Controlled Substances Law
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ON THE BEAT: April 4
Wicked LocalApril 4, 2012

Ryan Lessard, 36, of 50 Meryl St., Hanson, was charged with possession of marijuana with intent to distribute, conspiracy to violate controlled substance laws and committing a drug violation near a school or park in connection with the Plymouth Plaza ...more »

Mortgages & Foreclosures
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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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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 »

Non-Profit Corporations
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Business briefs & newsmakers
The News-PressApril 3, 2012

The class will have two guest speakers: Jim Kerr, a local estate attorney, will talk about the current issues in the federal estate tax law and also touch on estate planning, particularly within the state of Florida. Also speaking will be Joe Pankus, ...more »

Creditor's Rights
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Direct Air's woes cast doubt on future of commercial flight in Worcester
Worcester Business JournalApril 1, 2012

... for bankruptcy protection, it left travelers scurrying to figure out alternate plans and worrying about whether they'd get their money back. For Worcester Regional Airport, it raised other questions: Can commercial air travel succeed in Worcester?more »

Professional Corporations
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Paragon Legal Technology Support Leverages iCONECT's XERA Platform
San Francisco Chronicle (press release)April 3, 2012

ABOUT iCONECT DEVELOPMENT, LLC Providing hosted litigation and e-discovery software for more than a decade, iCONECT Development, LLC is a trusted technology partner for law firms, corporate legal departments, government agencies and legal service ...more »

Customs Disputes
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With little openness, rumors rule in Haiti
Philadelphia InquirerApril 1, 2012

Conille, a newcomer to Haiti's dagger-in-the-back politics, downplayed the disputes until he resigned four months after assuming the post. The gossip continues to churn as Martelly looks increasingly vulnerable. The first-time politician enjoys the ...more »

Public Offerings
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Leagle.comApril 2, 2012

0041903, Kettering Tower, Suite 2830, 40 N. Main Street, Dayton, Ohio 45423, Attorney for Defendant-Appellee. {¶ 1} The State of Ohio appeals from a judgment of the Montgomery County Court of Common Pleas, which concluded after a bench trial that Titan ...more »

Debt Collection
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Pinnacle Airlines Seeks Chapter 11 Bankruptcy Protection
BloombergApril 2, 2012

(PNCL), a US carrier operating under the names of Continental Express, Delta Connection and United Express, sought bankruptcy protection after costs rose and revenue declined. The airline, based in Memphis, Tennessee, listed assets of $1.5 billion and ...more »

Reorganizations & Restructuring
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Jones Day Atlanta Bankruptcy Partner Amy Ferber Chosen for "40 Under 40" Award
Citybizlist (press release)April 10, 2012

ATLANTA, Apr. 9 -- Amy Edgy Ferber, a partner in Jones Day's Business Restructuring & Reorganization Practice resident in the Atlanta Office, will receive an M&A Advisor "40 Under 40" award at ceremonies in Chicago on June 7. The award "recognizes the ...more »

Debt Settlement
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A divorce settlement for the eurozone
Financial TimesApril 2, 2012

So we propose the following amicable divorce settlement. Countries leaving the eurozone must rebalance away from growth led by debt, towards export- and income-led growth. Members of a “rump” eurozone should rebalance toward domestic demand.more »

State & Minicipal Bonds
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Commentary: Small-business owners say the future looks bleak if health care...
Washington PostApril 2, 2012

Last week, the nation's attention was riveted to the Supreme Court, where oral arguments were being made over the constitutionality of the health care reform law, also known as the Affordable Care Act. Pundits have been making one prediction after ...more »

Directors' & Officers' Liability
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Sen. Sessions – ObamaCare adds $17 trillion, or 1.9% of GDP, to nation's ...
Hot AirApril 1, 2012

So, over a period of about three months, our staff worked to estimate the new unfunded liability imposed by the health law. This is not the total cost of the bill, but the unfunded, mandatory coverage obligations incurred by the United States ...more »

Trade Associations
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Gov't lets debt collectors go after defaulted student loans
Chicago Daily HeraldApril 1, 2012

... these government contractors face growing complaints that they are violating federal laws by insisting on stiff payments, even when borrowers' incomes make them eligible for leniency. Education Department contracts — featuring commissions of as ...more »

False Advertising
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Brown, Warren deadlocked, poll shows
Boston.comApril 1, 2012

And while he remains well liked, with 54 percent of respondents viewing him favorably and 29 percent unfavorably, he now passes the mantle of most-popular to an unexpected successor: Attorney General Martha Coakley, the Democrat who was ridiculed ...more »

Unfair Competition
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Microsoft Moves Logistics Out Of Germany Due To Lawsuit
Wall Street JournalApril 2, 2012

Another German court last year ordered Samsung Electronics to stop selling two tablet models as doing so would violate the law against unfair competition and would imitate Apple's iPad. Samsung produced an amended version of the 10.1 Galaxy model, ...more »

Federal Contracts
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Bullish Futures Exceed One Million Contracts: Commodities
BusinessWeekApril 1, 2012

Societe Generale SA said March 27 that Chinese corporate profits won't grow at all this year, and Federal Reserve Chairman Ben S. Bernanke said two days later that the pace of the US recovery has been “extremely sluggish.” “The story over the near term ...more »

Venture Capital
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Threadflip raises $1.6M seed from VC luminaries
VatorNewsApril 17, 2012

With early traction, Threadflip has captured the attention of some august venture capitalists. The San Francisco-based start-up announced Tuesday that it's raised $1.6 million in venture financing from First Round Capital, Baseline Ventures, ...more »


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