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

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Reportage: Looking to liability
Insurance AgeFebruary 1, 2012

Arguably, what the wide vista of liability reveals is that a broker's learning does not cease with their product knowledge. For Neil Grimshaw, director at Ravenhall Risk Solutions, educating clients on risks and building a long-term partnership is a ...more »

Bill would make it a crime for first responders to photograph accident victims ...
Shore News TodayFebruary 1, 2012

Christopher J. Connors, Assemblyman Brian E. Rumpf and Assemblywoman DiAnne C. Gove have requested legislation that would make it a crime for any first responder to take photographs or electronic images, or make a video recording of an accident victim ...more »

Business Law News and Stories

Advertising
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Child victims need more protection
Daily CameraFebruary 1, 2012

The children -- in addition to being trafficked for illegal sex with strangers -- are often abused, threatened, and plied with drugs and alcohol. They are told, and technically not inaccurately at least according to the law, that they will be arrested ...more »

Foreign Investments
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State Officials Warn Investors To Be Wary Of Potential Scams
NJ TODAYFebruary 1, 2012

NEWARK – Following the Federal Reserve's announcement that interest rates are expected to remain low until at least late 2014, the New Jersey Bureau of Securities today cautioned investors to beware of risky or outright fraudulent investments promising ...more »

Antitrust Law, Domestic
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Apple, Google Poaching Case Will Go Forward, US Judge Says
BusinessWeekFebruary 1, 2012

“They still have an antitrust claim that's going forward so I don't want to see any obstruction on discovery,” she told lawyers during a hearing. The case is a private lawsuit brought on behalf of employees that mirrors claims the companies settled ...more »

Franchising
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Contractor Website Tactic a Big Time and Expense Saver, Plano Texas
PR Web (press release)February 1, 2012

Patricia and her team of Web Developers, Internet Marketing Experts and Performance Analytics Consultants have been helping small and medium businesses (SME's) leverage the Internet since 2003. WSI is the world's #1 franchise offering Internet ...more »

Gaming Law
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Revved up crowd helps open Hollywood Casino at Kansas Speedway
Lawrence Journal WorldFebruary 3, 2012

Janet Bimer took the opportunity to get a good look at the lights, games and layout. “If you've ever been to Vegas, it looks like Vegas,” she said, nodding her head in approval. Mary Summers of Tonganoxie said she begged her daughter-in-law, ...more »

Banking Law
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Trusteer Helps Huntington Bank Protect Customers from Cybercrime
MarketWatch (press release)February 1, 2012

"Trusteer Rapport protects our customers from account takeover and financial fraud and makes it extremely difficult for criminals to compromise online banking sessions, yet does not change the user experience for our customers.more »

Government Construction Contracts
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United States DoD contracts for January 31, 2012
defproFebruary 1, 2012

Hensel Phelps Construction Co., Irvine, Calif., is being awarded a $56463304 fixed-price modification under a previously awarded firm-fixed-price contract (N62473-12-C-1406) to exercise option 0001 which provides for the construction of a helicopter ...more »

Business Formation
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Exxon's Shale Failures in Poland May Lengthen Gazprom's Shadow
BusinessWeekFebruary 1, 2012

Exxon, the world's largest energy company, yesterday said two exploratory wells drilled in a Polish shale formation at the end of 2011 weren't commercially viable. The gas discovered in the wells, Exxon's first in Poland, failed to flow in sufficient ...more »

Institutional Investing
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Legal changes needed to attract needed railway
The NationFebruary 1, 2012

The ambitious development strategy for the country's rail-transport system will need loans and private investment to make it work, so the government should move quickly to amend the investment law for public and private partnerships to reduce obstacles ...more »

Commercial
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South Bay cities close down redevelopment agencies after court ruling
Contra Costa TimesFebruary 1, 2012

The mass movement to abolish redevelopment agencies - done, in most cases, reluctantly by city officials - comes in the wake of a state Supreme Court ruling affirming legislation calling for the end of municipal and county-sponsored redevelopment in ...more »

Two Attorneys Join Rothman Gordon as Associates
PR Web (press release)February 6, 2012

Steven A. Walton and Stephanie T. Kramer join Rothman Gordon, PC, a downtown Pittsburgh law firm Mr. Walton is practicing with the Corporate Department and the Marcellus & Utica Shales Practice Group. Mr. Walton holds a BS in Psychology from the ...more »

Commercial Bankruptcy
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Sansom businesses rejoice end of Law School construction
The Daily PennsylvanianFebruary 1, 2012

By Huizhong Wu · January 31, 2012, 8:23 pm Some business owners on Sansom Street will heave a sigh of relief when the construction trucks drive away from Golkin Hall for the final time. The Law School's Golkin Hall — which opened Jan.more »

Internal Investigative Services
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Aide: Arpaio accepts blame for botched sex cases
Arizona Capitol TimesFebruary 1, 2012

By AP Maricopa County Sheriff Joe Arpaio's top aide said Tuesday that the sheriff accepts responsibility for hundreds of sex-crimes investigations that were inadequately investigated and Arpaio started working to clear up the backlog once the problem ...more »

Commercial Leasing
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Group Suing Forest Service Over Whitefish Jesus Statue Permit Renewal
Flathead BeaconFebruary 1, 2012

The organization said in a statement that it has “readied a legal complaint and plans to file it shortly in federal court in Montana.” “A federal agency should not hold a vote on whether to obey the Constitution," co-president Annie Laurie Gaylor said ...more »

International Transactions
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Senators weigh further measures on Iran sanctions
Chicago TribuneFebruary 1, 2012

International oil traders are closely monitoring the new sanctions, which could provoke Tehran to act on its threat to shut the Strait of Hormuz, a key oil shipping lane. The ideas in the new bill build on the banking measures passed last year, ...more »

Communications & Media
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Views | All the PM's men
LivemintFebruary 1, 2012

The court held that officials in the Prime Minister Manmohan Singh's office and the ministry of law and justice had “failed” in their responsibility to inform the PM of serious allegations raised by Swamy against former telecom minister A. Raja and the ...more »

Licensing Legal helps licensees prevent under-age drinking
Manchester Evening NewsFebruary 2, 2012

A niche law firm specialising in licensing matters has launched a guide to help licensees prevent under-age sales from their premises. The Stop Pack has been tailor-made by Manchester-based Licensing Legal, which is headed up by director Anthony Horne.more »

Construction & Development
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Construction starts on Irvine's Great Park development
Los Angeles TimesFebruary 1, 2012

The development sits on the site of the former El Toro Marine Corps Air Station. Irvine approved the first phase of the construction last year. "With today's groundbreaking, we are moving forward with the first phase of Great Park Neighborhoods.more »

Locating Funds
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RI gov seeks $400K more for Central Falls receiver
CBS NewsFebruary 1, 2012

(AP) PROVIDENCE, RI — The cost of the state-appointed receiver and legal fees related to bankruptcy proceedings in the Rhode Island city of Central Falls is nearly $400000 more this fiscal year than budgeted, and the total spent on the receivership is ...more »

Contracts Involving State & Minicipality
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PowerOptions & SunEdison Unveil Innovative Solar Program for Massachusetts ...
Sacramento BeeFebruary 1, 2012

31, 2012 /PRNewswire/ -- Nonprofit institutions and government entities around the Commonwealth will have access to the latest in solar energy technology as well as attractive contract and pricing provisions under an agreement unveiled today by ...more »

Mergers, Acquisitions & Divestitures
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Nobody Wants TMX With 198% Return on Maple Acquisition: Real M&A
BusinessWeekFebruary 26, 2012

For the deal to be approved, “you would need a substantial package of divestitures to create some other competitor. I just can't see them offering enough concessions to the regulators to assuage their concerns,” he said. An extension would be “just a ...more »

Controlled Substances Law
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False prescription alleged ringleader held without bail
Worcester TelegramFebruary 29, 2012

Also arrested Friday was Paul M. Sizemore, 21, 83 West Boylston St., on a warrant for eight counts of violating a controlled substances law, uttering a false prescription and attempting to commit a crime of uttering a false document.more »

Mortgages & Foreclosures
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State of the State | Vital signs improve
Columbus DispatchFebruary 6, 2012

It's unusual for a public body to be found in violation of Ohio's open-meetings laws. It's not that violations are unheard of, but more the fact that few are willing to foot the legal bill to go to court to challenge secretive meetings.more »

Corporate Finance & Taxation
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Turning the 'Buffett Rule' Into Law
New York TimesFebruary 1, 2012

It would operate like the alternative minimum tax, superseding all brackets and the lower rates for investment income, though it would preserve the incentive for charitable donations. Those taxpayers who earn most of their high incomes from salaries ...more »

Non-Profit Corporations
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Open government experts to host Amarillo seminars
Amarillo.comFebruary 1, 2012

“We think it's a good opportunity; we haven't been to Amarillo in several years,” said Keith Elkins, executive director of the Freedom of Information Foundation of Texas, a nonprofit organization that focuses on First Amendment issues.more »

Creditor's Rights
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United Retail Files Bankruptcy, Plans Sale to Versa Capital
BusinessWeekFebruary 1, 2012

The company, based in Rochelle Park, New Jersey, listed assets of as much as $100 million and debt of as much as $10 million in Chapter 11 documents filed in US Bankruptcy Court in Manhattan. Redcats USA, a division of French retailer PPR, ...more »

Professional Corporations
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Outdoor Channel Holdings Announces Senior Legal Appointments
MarketWatch (press release)February 1, 2012

During his tenure with Outdoor Channel, Mr. Bolls has been responsible for overseeing and negotiating network contracts, licensing agreements, intellectual property matters, and litigation, as well as the development of a wide range of entertainment...more »

Customs Disputes
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Mitt Romney to get Secret Service protection
Washington Post (blog)February 1, 2012

(Linda Davidson - THE WASHINGTON POST) begin receiving US Secret Service protection beginning Wednesday evening, according to a senior campaign official and a senior law enforcement official familiar with the plans. The protection is not a reaction to ...more »

Public Offerings
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State Attorney Generals Are the New Bank Regulators
US BankerFebruary 2, 2012

Spurred by the financial crisis and its impact on their constituents, state attorneys general appear to be carving out a new role as de facto bank regulators. This trend, an unexpected fall out of the financial crisis and the passage of Dodd-Frank, ...more »

Debt Collection
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Calif. AG pleased with legislation targeting debt buyers
Legal News LineFebruary 1, 2012

(Legal Newsline) - California Attorney General Kamala Harris announced on Tuesday her happiness that the state Senate has passed legislation that would protect consumers from unfair practices of debt collection. The Fair Debt Buyers Practices Act will ...more »

Reorganizations & Restructuring
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Diamond Foods Hires Kodak's Adviser
TheStreet.comFebruary 8, 2012

By Antoine Gara 02/08/12 - 06:26 PM EST NEW YORK(TheStreet) - The consulting firm that is advising Eastman Kodak(EKDKQ) on its bankruptcy reorganization is now contributing its financial savvy to Diamond Foods(DMND) after an audit investigation ...more »

Debt Settlement
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Mortgage holders thrown lifeline
Offaly ExpressFebruary 1, 2012

For people with debts of less than €20000, it is proposed to issue Debt Relief Certificates, while Debt Settlement Arrangements can be reached for larger mortgage loans. There is also a provision for the reform of the bankruptcy laws, from 12 years to ...more »

State & Minicipal Bonds
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SEC Is Avoiding Tough Sanctions for Large Banks
New York TimesFebruary 3, 2012

By granting exemptions to laws and regulations that act as a deterrent to securities fraud, the SEC has let financial giants like JPMorganChase, Goldman Sachs and Bank of America continue to have advantages reserved for the most dependable companies, ...more »

Directors' & Officers' Liability
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Hard to stomach: manufacturer's defence in product liability claim
International Law OfficeFebruary 2, 2012

Under Article 6(1) of the Consumer Protection Law (2251/1994), the manufacturer of a defective product is liable for any damage caused to the consumer. However, under Article 6(8), a manufacturer may be exempt from liability if it can prove that ...more »

Trade Associations
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Poland halts ratification of international Internet copyright law under mass ...
Washington PostFebruary 3, 2012

The government signed the Anti-Counterfeiting Trade Agreement, or ACTA, late last month but it must still be approved. Tusk says Parliament may not do so if it conflicts with Polish law. The US, Japan and others say the treaty is needed to fight trade...more »

False Advertising
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Alabama immigration law sponsor disagrees with study that finds 2011 bill ...
al.com (blog)February 1, 2012

Kerry Rich, R-Albertville, and Micky Hammon, R-Decatur, after signing into law what critics and supporters are calling the strongest bill in the nation cracking down on illegal immigration, on Thursday June 9, 2011 at the state Capitol in Montgomery.more »

Unfair Competition
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How High School Eligibility Rules Spiked Todd Hunt's Football Dreams
Neon TommyFebruary 2, 2012

A CIF appeals board heard his case midway through the season and overturned Staunton's ruling. He ended up playing in nine games of Mater Dei's 13-game season in 2010. But the rule that barred him remains. “Once they heard me speak and everyone saw how ...more »

Federal Contracts
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OutSystems Brings Platform as a Service Capability to the US Army
MarketWatch (press release)February 1, 2012

SAN RAMON, Calif., Feb 01, 2012 (BUSINESS WIRE) -- OutSystems, provider of the industry-leading Agile Platform application development environment, announced today a contract with the United States Department of Defense to aid the Army's pursuit of ...more »

Venture Capital
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Event Embed: Honesty, Patience and Intuition at Xconomy Forum
Portfolio.comFebruary 2, 2012

by Kent Bernhard, Jr. Feb 02 2012 What's the secret sauce that makes the perfect relationship between entrepreneurs and the venture capitalists who backed them? An afternoon spent at at Xconomy's New York venture forum offers answers.more »

Federal Grants
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Susan G. Komen stops Planned Parenthood funding: Who does the decision hurt more?
Washington Post (blog)February 1, 2012

Both the Democrat-controlled Senate and President Obama, for instance, stood in the way of House Republicans' attempts to end Planned Parenthood's federal funding. Similarly, when a handful of states passed laws that would have barred abortion ...more »

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