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 »

Commentary: Eagles well-positioned to handle loss of Jason Peters
Sacramento BeeApril 1, 2012

When DeMeco Ryans was available, they had the cap space and surplus draft picks to get him. When DeSean Jackson and Evan Mathis reached the end of their contracts, the Eagles had the money to keep them. They had enough flexibility to extend Trent Cole ...more »

Business Law News and Stories

Advertising
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'Your Favorite Toy' Contest Official Rules
Patch.comApril 2, 2012

Employees, contractors, freelancers and bloggers of Patch Media Corporation, AOL Inc., their advertising or promotion agencies, those involved in the production, development, implementation or handling of Contest, any agents acting for, or on behalf of ...more »

Federal Grants
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Federal Highway Administration Concerned About Law Granting Mayors the Power ...
Pacific News CenterApril 1, 2012

“This law is in conflict with the Stewardship Agreement between the Federal Highway Administration – Hawaii Federal-aid Division and the Government of Guam that was executed between the FHWA and the Government of Guam on May 24, 2007.more »

Antitrust Law, Domestic
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Climbing the Hill at Railroad Day (Part 2)
Progressive Rail RoadingApril 3, 2012

One amendment that wouldn't be voted on that day concerned the "Preserve 'reasonable' regulation" bullet point: S. 49/SA 1591. Proposed by Sen. Herb Kohl (D-Wis.) on Feb. 14, the Railroad Antitrust Enforcement Act (S. 49) was pitched as an amendment to ...more »

Foreign Investments
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The dark side of JOBS
InvestmentNewsApril 1, 2012

THE JUMPSTART Our Business Start- ups bill likely will jump-start additional responsibilities for investment advisers. That is because one of its provisions could leave investors, especially those who are inexperienced and unsophisticated, ...more »

Franchising
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Slow-starting Utah Jazz get crushed by Clippers, 105-96
Deseret NewsApril 1, 2012

Coach Tyrone Corbin even admitted before tipoff that his players were feeling the effects of the longest game in franchise history — the 139-133 4-OT loss to the Hawks — six days after it happened. "I think it's taking its toll now," Corbin said a ...more »

Banking Law
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MFIs see sharp rise in securitization deals
LivemintApril 1, 2012

The loan securitization transactions rose in the January-March quarter, bolstered by clarity on regulations and revival in investor confidence. Banks are aggressively returning to the securitization market, after more than a year, also to meet their ...more »

Gaming Law
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Michigan casino campaigns face difficult challenge
Hometownlife.comApril 7, 2012

Since voters approved the 2004 constitutional amendment requiring most types of gambling expansion to be approved by statewide and local votes, only a few casinos owned by Native American tribes — exempt from the state law — have managed to open in ...more »

Business Formation
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Thousands of foreclosures in limbo one year after Stern firm's collapse
WPTVApril 1, 2012

A required mediation program ordered by the Florida Supreme Court for lenders and homeowners died in December after a lack of participation and cooperation rendered negotiations impotent. And the 368000-case backlog in the state's foreclosure courts ...more »

Government Construction Contracts
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Reform on FOI bogs down
The AgeApril 8, 2012

FEDERAL freedom of information reforms have stalled, with government spending on high-performance shredding machines easily outstripping funding for public servants to handle requests for information. A review of published government contracts by The ...more »

Business Law
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When NC employers dodge workers' comp costs, employees pay the price
News & ObserverApril 1, 2012

Mike Carpenter, executive vice president of the NC Homebuilders Association, said his group has worked for years to try to clamp down on those in the construction industry without workers' compensation. Homebuilders pushed successfully for a law in ...more »

Institutional Investing
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R-Power to invest over Rs 6000 cr in Rajasthan
Chandigarh TribuneApril 1, 2012

(b) You are not obliged to invest Rs 1 lakh in tax- saving schemes as you are not liable to pay tax in case your total income does not exceed Rs 5 lakh. (c) You are not required to file your return of income for the financial year 2012-13. (d) The law...more »

Commercial
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Maeve Sheehan: O'Brien's links to Fine Gael spell more trouble for the Taoiseach
Irish IndependentApril 1, 2012

Published a year ago, the report found that former Fine Gael minister Michael Lowry "delivered" the state mobile phone licence to the consortium led by the business tycoon Denis O'Brien, who in turn made payments to Lowry.more »

Yale to Everybody Else: Stop Scamming People
Above the LawApril 2, 2012

It seems to me that law schools, as gateways to the profession, ought to be modeling professional responsibility, honesty, and acting in the interests of their client — in this case, YOU. As far as I'm concerned, there is nothing unethical about my ...more »

Commercial Bankruptcy
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Obama to sign pro-crowdfunding JOBS Act into law Thursday
VentureBeatApril 1, 2012

A piece of legislation designed to make crowdfunding a legal option for startups will be passed into law as President Barack Obama plans to sign the JOBS Act Thursday, VentureBeat has confirmed. The Jumpstart Our Business Startups (JOBS) Act has ...more »

Internal Investigative Services
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Akçam unveils history of PKK's internal executions
Today's ZamanApril 2, 2012

Arguing that unsolved murder investigations in Turkey are not addressed well, Akçam said: “There isn'ta strong political will behind the investigations. Politicians have failed to give attention to Ayhan Çarkın's testimony, the Kurdistan Communities ...more »

Commercial Leasing
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Growing demand spurs Vorys' growth
Cincinnati.comApril 1, 2012

The commercial and real estate group is among Vorys' fastest-growing markets. Within that area, the group advises on matters including commercial finance, franchising and distribution, and leasing and licensing. On March 5, Vorys announced the hiring ...more »

International Transactions
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State governments target tax-cheating software
CBS NewsApril 3, 2012

The so-called tax-zapper software lets businesses, especially those that deal mostly in cash, underreport taxable sales and pocket money that should go to the government. Five states — Florida, Georgia, Maine, Utah and West Virginia — have enacted ...more »

Communications & Media
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Kremlin Experts Deny Taking Yukos Money
RIA NovostiApril 1, 2012

Experts who examined the legality of the second Yukos case on the Kremlin's request denied on Sunday media reports that some of them received money from the oil company. “The information distributed [by media] is incorrect, to put it mildly,” head of ...more »

Time will tell if new law fixes rampant car insurance fraud
MiamiHerald.comApril 2, 2012

A new law addresses the issue, but it might raise new issues. By Tia Mitchell TALLAHASSEE -- The long list of suspected car insurance scammers now includes food truck vendors. The state Division of Insurance Fraud reported last week that 15 people have ...more »

Construction & Development
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Construction Now Underway for Phoenix File & Pagidipati PLLC's New Sanibel ...
Houston ChronicleApril 2, 2012

Phoenix File & Pagidipati looks to help clients unlock value in assets and targets through corporate law, commercial litigation, dispute resolution, reorganization, Chapter 11 representation, contract negotiation, construction law, tax representation, ...more »

Locating Funds
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Court confirms ex-spouses access to pensions
Independent OnlineApril 2, 2012

The Government Employees Pension Fund (GEPF) is regulated by the Government Employees Pension Law and not by the Pension Funds Act. Non-members of the GEPF were denied their share of the pension benefit immediately upon divorce or on dissolution of a ...more »

Contracts Involving State & Minicipality
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Government to rethink decision to drop criminal proceedings against Boparai
Indian ExpressApril 1, 2012

The Punjab and Haryana High Court has expressed strong disapproval of the manner in which the Punjab government had taken the decision to drop all criminal proceedings against former Vice Chancellor of Punjabi University, SS Boparai.more »

Mergers, Acquisitions & Divestitures
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Sony-EMI merger could lead to more biz change
VarietyApril 19, 2012

Blessing by the Euro regulatory body -- typically more stringent in its scrutiny of acquisitions than domestic regulators -- followed the prospective buyers' commitment to sell off several significant pub catalogs. Citigroup sold EMI.more »

Controlled Substances Law
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2 arrested for fake pot
Northwest HeraldApril 27, 2012

Synthetic marijuana, also known as Spice, K2, K4, or potpourri, was banned in earlier this year when Illinois expanded the list of products on the Controlled Substances Act. It mimics the effects of marijuana. "It's literally become a new designer drug ...more »

Mortgages & Foreclosures
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Kamala Harris, California Attorney General, Faces Setbacks In Passing ...
Huffington PostApril 18, 2012

For the nearly two years that Kamala Harris has been California's Attorney General, she has made the fight against fraudulent foreclosures her signature issue. Now, largely due to pressure from business groups, legislators look like they may soon ...more »

Corporate Finance & Taxation
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No more school property taxes?
Philadelphia InquirerApril 1, 2012

Thomas Caltagirone is a cosponsor of the proposed Property Tax Independence Act for Pennsylvania. JASON MINICK / Associated Press On Monday, Pennsylvania legislators from both parties will step up a campaign to kill your local school property taxes.more »

Non-Profit Corporations
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Some of Christie's biggest bills match model legislation from D.C. group ...
The Star-Ledger - NJ.comApril 1, 2012

TRENTON — Let's say you're a state lawmaker, passionate about charter schools, and you want to turn this passion into laws that create social change. What you need are bills. And you want them fast — ready-made, just add water, written in language ...more »

Creditor's Rights
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Proposed Tucson copper mine still faces opposition
CanadianBusiness.comApril 1, 2012

The group called Save the Scenic Santa Ritas has accused Rosemont Copper of illegally failing to disclose that a current director and a former director were officers of a company that was involved in a high-profile Canadian bankruptcy in 1995.more »

Professional Corporations
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VOLTA FINANCE - SUPPLEMENTAL INFORMATION REGARDING THE EGM TO BE HELD THE 23 ...
ReutersApril 5, 2012

ABOUT AXA INVESTMENT MANAGERS AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers ...more »

Customs Disputes
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Fixed pension protection at risk
FT AdviserApril 2, 2012

HM Revenue & Customs has published further guidance on how death in service benefits may affect individuals with fixed pension protection. Final ruling: The deadline for responses to this consultation paper was set at 05 Apr 2012.more »

Public Offerings
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Lawyer: Property tax lawsuit throttles free speech
NECNApril 3, 2012

BISMARCK, ND (AP) — A lawyer says advocates of abolishing North Dakota's property taxes are suing their opponents to try to silence them. South Central District Judge Bruce Romanick held a hearing on the lawsuit Tuesday. It is about Measure 2, ...more »

Debt Collection
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Government Solutions Division, CR Software LLC Awards OmniSystems Partner ...
MarketWatch (press release)April 2, 2012

Specializing in the collection of debt owed to government agencies at the Federal, State and Local levels, CR Software focuses on government to citizen (including Student Loan, Personal Property and Real, Vehicle and Luxury taxes, ...more »

Reorganizations & Restructuring
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Yahoo to commence layoff of employees
BusinessDayApril 3, 2012

Yahoo Inc. will begin the layoff of thousands of employees next week and will announce a plan to restructure the company the week after, according to a media reports. Yahoo declined to comment. The layoffs, which will not take place all at once, ...more »

Debt Settlement
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Website links action film figure to Macau VIP room operator
Las Vegas Review - JournalApril 3, 2012

A majority of casino profits in Macau are generated from VIP rooms, whose operators not only recruit players and act as junket representatives, but also are known to help collect debts. Sun City Group is a major player in the business.more »

State & Minicipal Bonds
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The Verdict Is In: Practice Management Software for Small Law Firms Is a Must!
Business InsiderApril 2, 2012

As the business world turns, increasing attention to Cloud-based software to automate everyday operations, law firms seek solutions tailored to the legal field. While LegalZoom provides legal documents to the consumer market, there are very few ...more »

Directors' & Officers' Liability
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Talking turkey and Duck trams
The Register-GuardApril 1, 2012

Answer: In 1947, when then-University of Oregon Athletic Director Leo Harris struck a handshake deal with Walt Disney for the rights to use Donald Duck as the university's mascot, a new road was being built off Willamette Street in south Eugene.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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Lawsuit Challenges Minimalist Shoemaker's Claims
ClaimsJournal.comApril 2, 2012

“Defendants' false and misleading advertising campaign has allowed them to reap millions of dollars of profit at the expense of the consumers they have misled,” the lawsuit says. The plaintiff mentioned by name in the lawsuit is a Florida woman who ...more »

Unfair Competition
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EU to Investigate Motorola Patents
Wall Street JournalApril 3, 2012

The bloc's antitrust regulator said Tuesday it will assess whether Motorola is distorting competition by unfairly wielding patents involving standard technologies. Microsoft and Apple complained that Motorola is demanding unfair prices and terms to ...more »

Federal Contracts
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Cummins & White Adds Real Estate & Business Litigation Attorneys
MarketWatch (press release)April 4, 2012

Wildish, who has more than 30 years of experience, will focus on all major areas of real estate litigation, contract law, tort, construction litigation, defense, environmental litigation, title insurance, escrow law, and boundary disputes.more »

Venture Capital
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Venture-Backed IPOs Have Strongest Opening Quarter in Five Years
SYS-CON Media (press release)April 2, 2012

... US stock market indices, 19 venture-backed companies went public in the United States during the first quarter of 2012, raising $1.5 billion, according to the Exit Poll report by Thomson Reuters and the National Venture Capital Association (NVCA).more »

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John L ChalifAttorney at LawPRACTICE AREA: Personal Injury, Family Law, Elder Law, Administrative Law, Real Estate Law, Criminal Defense, Contracts, Wills & Probate, Business Law, Computer & Internet Related Crimes, Labor & Employment Law, Health Care Law, Constitutional Law & Civil Rights, Consumer Protection, Intellectual Property, Insurance Litigation, Alternate Dispute Resolution, Trusts & Estate Planning, Litigation, Sports Law, Industrial Development Law
Gregory P GoheenAttorney at LawPRACTICE AREA: Real Estate Law, Business Law, Health Care Law, Litigation, Industrial Development Law