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

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BUSINESS IN BRIEF 1/4
VietNamNet BridgeApril 1, 2012

The possible bankruptcy of construction company Hanic (SHN) has revealed possible misuses of company funds by staff and drawn attention to the inadequacy of many companies' internal control systems. According to the deputy director of the Ministry of ...more »

Payrolls down but payouts up
Minneapolis Star TribuneApril 1, 2012

"Severance has been in the contracts for a long time, and what we've tried to do is focus on the sick leave and reduce sick leave accrual," said Angie Nalezny, the city's human resources director. "On the other hand, employees not using sick leave is a ...more »

Business Law News and Stories

Advertising
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PETA Gone Wild: Flour Bombing Kim Kardashian, Accusing HBO of “Murder”
Daily BeastApril 2, 2012

PETA has achieved many victories on behalf of animal rights, not least of which is the elevated awareness of the horror of the fur trade. Sometimes PETA's controversy for controversy's sake approach misfires. Are they their own worst enemy?more »

Federal Grants
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County officials differ on challenging Act 13
Citizens VoiceApril 2, 2012

The law sets aside 40 percent of fee revenue from across the state to provide grants for open-space, water-and-sewer, road-and-bridge and environmental projects. If all eligible counties approve the fee, total statewide revenue would be $180 million ...more »

Antitrust Law, Domestic
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Pontiac antitrust lawsuit against Blues rejected by federal judge
Oakland PressApril 4, 2012

By JERRY WOLFFE A federal judge has dismissed an antitrust lawsuit against Blue Cross Blue Shield of Michigan filed by hospitals, the Justice Department and the city of Pontiac. US District Court Judge Denise Page Hood said Pontiac and other plaintiffs ...more »

Foreign Investments
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Indian economy: Back to dinosaurs
MSN IndiaApril 1, 2012

The mandarins of the finance ministry are seeking solace in the fact that FDI was mentioned in the minister's speech. "We could have dropped it altogether from the speech if we were not keen on pushing it," says an official.more »

Franchising
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Ga. cold toward solar firms
Atlanta Journal ConstitutionApril 1, 2012

The measure, SB 401, has slowly faded after being sent to the Senate Natural Resources and the Environment Committee. An attempt to attach the bill to another one so it could be heard in the committee that oversees utility regulation failed also.more »

Banking Law
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Fed may fine firms not part of foreclosure deal
msnbc.comApril 1, 2012

The judge, in a derisive tone, suggested that perhaps the bank and its law firm “do not want the court to confront the conflicted Ms. Stewart,” according to a court transcript. US Bancorp strongly disagreed with the judge's ruling and plans to appeal ...more »

Gaming Law
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Vikings stadium bill clears committee
Princeton Union EagleApril 3, 2012

It reflects a recent agreement worked out between Allied Charities of Minnesota and lawmakers relating to charitable gaming — the mechanism by which stadium backer look to fund the state's $398 million share of the stadium proposal.more »

Business Formation
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Law Review: Reading tea leaves on the justices' health-care-law comments
Philadelphia InquirerApril 1, 2012

Justice Antonin Scalia, a son of Trenton, was the most vocal, even uninhibited, conservative voice, deftly sprinkling abstruse legal argument with street idiom, at one point describing a promise of Medicaid funds to former Nebraska Sen.more »

Government Construction Contracts
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Piera: At Least $2.5 Million in Kickbacks to President Martelly from Dominican ...
Defend HaitiApril 1, 2012

Of the companies owned by Bautista, one company, HADOM Construction, is particular to Haiti in that it was awarded a $2.5 million [US] contract to do reconstruction work in Haiti. The first of suspicious information given by Nuria Piera is that ...more »

Business Law
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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 »

Institutional Investing
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Foreign business groups warn India that retroactive tax plan will hurt investment
Washington PostApril 2, 2012

“The sudden and unprecedented move in the bill has undermined confidence in the policies of the government of India toward foreign investment and taxation and has called into question the very rule of law, due process, and fair treatment in India,” the ...more »

Commercial
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Passion, vision fuel niche lawyers
Lawyers WeeklyApril 2, 2012

But whether you stumble into a specialty or answer your calling, there are lessons to be learned from those who have gone where few lawyers have gone before. Montreal lawyer Ann Soden practiced commercial real estate law for more than 10 years before ...more »

CT Corporation Delivers Powerful UCC Search and Filing Technology, Enhanced ...
MarketWatch (press release)April 2, 2012

Law firm customers will now be able to manage lien portfolios and conduct UCC search and filing with greater ease and efficiency. With accuracy and compliance tools and ease of use improvements, iLien, leveraged through CT Corporation's traditional web ...more »

Commercial Bankruptcy
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Florida: fertile ground for pro-gun laws
Tampabay.comApril 1, 2012

These laws have made it easier to obtain firearms and carry them into more and more places. The NRA was behind a 2008 law that allows employees to bring guns to work, so long as they're locked in the car. Several businesses, like the politically ...more »

Internal Investigative Services
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Schools inspector general position draws 23 viable candidates
Palm Beach PostApril 9, 2012

Jennifer Brusca: Does law compliance audits for the Nyack Public School system in New York. John P. Dunning: Assistant Inspector General for New York Office of Inspector General since 1997. Bruce Duryee: Officer with Nassau County Police Department in ...more »

Commercial Leasing
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Commercial Notes for April 2
Richmond Times DispatchApril 2, 2012

Commonwealth Commercial Partners Inc. reports the lease of 19490 square feet at 4301-4303 W. Broad St. in Richmond to Richmond Behavioral Health Authority. 36000 square feet at 4667 Carolina Ave. in Richmond to the Tire Centers.more »

International Transactions
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The law firm boss who's not moving anywhere but up
CITY A.M.April 2, 2012

“We need to try not to think of ourselves as a UK firm with a global network, but as an international law firm. When I started in Cardiff, partners would go out to branch offices down in the docks and the Birchgrove area. Now our guys go off to Hong ...more »

Communications & Media
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New snooping law to allow Government access to everybody's emails, texts, and ...
Daily MailApril 1, 2012

'Communications data includes time, duration and dialling numbers of a phone call, or an email address. It does not include the content of any phone call or email and it is not the intention of Government to make changes to the existing legal basis for ...more »

Otter puts signature on bill mandating licenses for massage therapists in Idaho
The RepublicApril 9, 2012

AP BOISE, Idaho — A new law signed by Idaho's governor will guarantee that clients looking for a backrub or any other massage therapy will get treatment from a licensed professional. With the governor's endorsement, Idaho joins 43 other states that ...more »

Construction & Development
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PositiveID Corporation Announces First Quarter 2012 Accomplishments: Positions ...
MarketWatch (press release)April 2, 2012

Moshe Phillip; the study is expected to be completed by year-end 2012 -- Finalized its first-in-class development of a fully synthetic glucose sensing system to be used in its GlucoChip and measure glucose levels within the body, which is considered to ...more »

Locating Funds
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Old laws thwarting Jacksonville City Council changes in capital improvement plan
Florida Times-UnionApril 2, 2012

But discovering a decades-old city law limits their freedom to pursue big projects — usually paid for through debt — could test how far that commitment reaches. At issue is legislation introduced last week, in the wake of a tight vote against ...more »

Contracts Involving State & Minicipality
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Fired Griz coach, AD lawyer up
Helena Independent RecordApril 1, 2012

Pflugrad met Thursday, the day he was fired, with Milt Datsopoulos of Datsopoulos, MacDonald and Lind, the firm that has represented several UM football players accused of running afoul of the law in recent years. The two also are longtime personal ...more »

Mergers, Acquisitions & Divestitures
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Bay Area mergers and acquisitions, April 3
San Francisco ChronicleApril 2, 2012

Notable mergers and acquisitions in the Bay Area last week. Deal type1 Announced Target Target's city Acquirer Acquirer's city Announced value{+2} Payment type Deal status ACQ March 26 Clairmail Inc. San Rafael Monitise PLC London $184.46 Stock Pending ...more »

Controlled Substances Law
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Court nixes civil suits over lies to grand jury
NECNApril 2, 2012

Immigration officials say that equals an aggravated felony conviction under the federal Controlled Substance Act, which makes him deportable. Moncrieffe lost appeals of that decision in the lower courts. — to referee a fight between the Arkansas Game ...more »

Mortgages & Foreclosures
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Summary Judgments for April 2
Thomson Reuters News & InsightApril 2, 2012

By Carlyn Kolker A year ago, the collapse of the law firm of David J. Stern was the hurricane hitting Florida's foreclosure system, with Stern's law office facing myriad questions about the integrity of legal documents it had processed on behalf of ...more »

Corporate Finance & Taxation
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Reich: Political jujitsu to save health care law
San Francisco ChronicleApril 1, 2012

If the Supreme Court decides that the individual mandate requiring everyone to buy health insurance is an unconstitutional extension of federal authority, the law starts unraveling. But with a bit of political jujitsu, President Obama could turn that ...more »

Non-Profit Corporations
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It's time to clean up tax-exempt status
DesMoinesRegister.comApril 3, 2012

Open a nonprofit corporation, instead. Then you can pay yourself whatever you want, hire family members, accept donations and, best of all, be exempt from paying taxes. If you play your cards right, the government will be your only paying customer.more »

Creditor's Rights
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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 »

Professional Corporations
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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 »

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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Minn. Senate saga to cost public win, lose or draw
Coshocton TribuneApril 1, 2012

(WTW) — Legal costs are mounting at the public's expense even before former high-ranking state Senate staffer Michael Brodkorb sues over his dismissal. The Senate has hired an outside attorney to protect the institution's interest and defuse fallout ...more »

Debt Collection
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Tribune Broadcasting says no DirecTV deal
BusinessWeekApril 2, 2012

In a statement late Saturday, Tribune Broadcasting said that without a deal in place, by federal law DirecTV cannot carry the signal of Tribune's local television stations after midnight, when the agreement expires. The affected markets include New ...more »

Reorganizations & Restructuring
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Lionsgate International Completes Reorganization
Film JournalApril 17, 2012

TORONTO - Lionsgate Motion Picture Group Co-Chairman Patrick Wachsberger has completed a restructuring of the Lionsgate International division, with new management blood in the sales and publicity forces unveiled Thursday. Joining Wachsberger at the ...more »

Debt Settlement
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Judge Fines Dallas Debt Company $2 Million
KERA NewsApril 2, 2012

A Vermont judge has ordered a Texas debt settlement company to pay a fine of $2 million in a consumer fraud case. Credit Solutions of America also must pay full refunds to 207 Vermonters totaling about $350000. The Vermont attorney general's office had ...more »

State & Minicipal Bonds
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Health care reform: good for business
Baltimore SunApril 1, 2012

S. Supreme Courtheard six hours of oral arguments for and against the constitutionality of the new health care law. As a small business owner, I am not a constitutional scholar, but I can definitively say this: the Affordable Care Act is cutting my ...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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Obama signs Walz's insider trading act
Austin HeraldApril 5, 2012

President Barack Obama Wednesday morning signed the Stop Trading on Congressional Knowledge Act, known as the STOCK Act, into law. US Rep. Tim Walz, who spearheaded the bill to ban insider trading on Capitol Hill, was among those attending the signing ...more »

False Advertising
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BuzzFeed's Secret Plan to DESTROY Internet Ads Revealed! (By BuzzFeed)
All Things DigitalApril 1, 2012

Everyone who covers the media business is required by law to write about BuzzFeed, Jonah Peretti's shareriffic site. But just about all of us end up writing about the stuff the startup makes, and not the stuff it sells — advertising.more »

Unfair Competition
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San Francisco SRO Seeks City Approval for Illegal Tourist Rentals
Beyond ChronApril 9, 2012

People paid good money to own tourist hotels and should not face unfair competition from the Beach's illegal operation. Let's hope the Board of Appeal puts an end to this case and on April 11 rejects the hotel's request for rehearing.more »

Federal Contracts
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Subscribers to lose programming after Tribune Broadcasting fails to agree on ...
Fox NewsApril 1, 2012

NEW YORK – Tribune Broadcasting said there's been no settlement with DirecTV Inc. in their contract negotiations, which means DirecTV subscribers in 19 US markets are losing access to certain programming. In a statement late Saturday, ...more »

Venture Capital
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The Funded: Matrixx Software, Pertino
Bizjournals.comApril 3, 2012

Swisscom Ventures is the venture capital arm of Switzerland's communications service provider Swisscom. “We're very excited about Matrixx Software's vision for mobile broadband,” said Stefan Kuentz, investment officer with Swisscom Ventures in a ...more »

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