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

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How new options can help Ohio employers reduce their workers' compensation...
Smart Business NetworkJanuary 1, 2012

Over the past year, the Ohio Bureau of Workers' Compensation (BWC) has focused its attention on creating more program options for employers that encourage the correct behaviors and rewards them for achieving performance outcomes that reduce lost work ...more »

Obama signs bill on banking sanctions against Iran
XinhuaJanuary 1, 2012

Obama singed the bill into law although he has "serious reservations" about provisions regarding counter-terrorism efforts, including clauses that regulate the detention, interrogation and prosecution of suspected terrorists. ...more »

Business Law News and Stories

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Sacramento Police seeks help solving murder
Sacramento Bee (blog)January 1, 2012

When officers checked inside the business, they discovered the victim deceased and the suspect gone. It appeared the victim had not died of natural causes. Homicide detectives and crime scene investigators responded to the scene, ...more »

Foreign Investments
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New laws go into effect in California
The Salinas CalifornianJanuary 2, 2012

Jerry Brown signed into law in 2011 included several that cost money. Among them: new funding for a bullet train and a campaign to boost enrollment for food stamps as the economy remains sluggish. Some bills took effect immediately after the governor ...more »

Antitrust Law, Domestic
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Mark Shurtleff: Boise State snub helps BCS antitrust lawsuit
Salt Lake TribuneJanuary 2, 2012

By Robert Gehrke Attorney General Mark Shurtleff says he expects to sue the Bowl Championship Series by next month and that the snub of Boise State in this season's bowl games gives additional fodder to the impending lawsuit. ...more »

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Compare Bank Loans
The State PressJanuary 1, 2012

The business started with a truck borrowed from a furniture business that Soliman's parents owned and has grown to include 30 franchises in metropolitan areas across the country. College Hunks makes a point to hire clean cut and ambitious men. ...more »

Gaming Law
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Online Gambling Is No Sure Bet For States Even With DOJ Ruling
Huffington PostJanuary 4, 2012

But he added that the lottery would likely be the loser in this scenario, with powerful Indian interests getting a hefty chunk of the action. "The tribes see [online gambling] as inevitable and something that must be shared," he said. ...more »

Banking Law
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New laws start today
Imperial Valley PressJanuary 1, 2012

However, the prohibition against getting or using credit reports does not apply to positions in law enforcement or positions for which the information is required by law. Positions that involve the regular access to bank or credit card information, ...more »

Government Construction Contracts
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Jacobs Receives Contract from DISA/DITCO at Scott Air Force Base
Sacramento BeeJanuary 3, 2012

Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking ...more »

Business Formation
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How to win a “bet-the-company” lawsuit
Smart Business NetworkJanuary 1, 2012

A number of years ago, I represented an insurance company which sued a law firm for breach of fiduciary duty. The case was tried by a jury. The defendant was represented by a well-known, highly regarded law firm. I thought that the defendant's lawyers...more »

Institutional Investing
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EU Pension Funds, Bank Capital, KPN Departures: Compliance
BloombergJanuary 4, 2012

James McNally said that in exchange for a $250000 investment he was promised “compensation for the duration of the investment.” WJB Capital failed to pay and used the money “for fraudulent purposes,” according to the complaint. Rothfeld didn't return a ...more »

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New laws crack down on distracted drivers
Sacramento BeeJanuary 1, 2012

The new law will affect an estimated 4 million commercial drivers, according to the Federal Motor Carrier Safety Administration, which instituted the ban. New automotive laws are taking effect in a variety of states too. In Nevada, those who violate a ...more »

Law Office Of Brodsky & Smith To Probe Potential Claims Against Parlux Directors
RTT NewsJanuary 1, 2012

The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Parlux for not acting in Parlux shareholders' best interests in connection with the sale. by RTT Staff Writer.more »

Commercial Bankruptcy
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For Portland's dope king, love and mistrust
Albany Times UnionJanuary 2, 2012

He has filed for bankruptcy at least twice. For at least three years, he paid off his personal bills with money from the foundation, and when the feds found out, he simply gave up the foundation's nonprofit status. When cornered, time and again, ...more »

Internal Investigative Services
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Consultant suggests top Sarasota officials broke law
Sarasota Herald-TribuneJanuary 5, 2012

Atwell would not say whether she saw proof that crimes were committed, and would not say whether the city has referred the matter to law enforcement for a criminal investigation. A consultant hired to investigate allegations that public records were ...more »

Commercial Leasing
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For Portland's dope king, love and mistrust
The Associated PressJanuary 1, 2012

He has filed for bankruptcy at least twice. For at least three years, he paid off his personal bills with money from the foundation, and when the feds found out, he simply gave up the foundation's nonprofit status. When cornered, time and again, ...more »

International Transactions
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Davis Polk Lands Freshfields Lateral, Launches UK Law Practice in London
The Am Law DailyJanuary 6, 2012

Davis Polk, he adds, is already offering English law capabilities elsewhere, so it makes sense to do so in the UK Reid notes that Davis Polk lawyers have worked closely with Witty on complex Europe-based equity transactions in Europe. ...more »

Communications & Media
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Shurat HaDin warns Twitter over terrorist accounts
Jerusalem PostJanuary 1, 2012

By JOANNA PARASZCZUK Allowing Hezbollah, al-Shabaab to have accounts violates US anti-terror laws, say Israel Law Center. Social media giant Twitter could face legal action in US courts if it continues to allow terrorist organizations al-Shabaab and ...more »

Law to safeguard forests
Fiji TimesJanuary 3, 2012

The Mahogany Industry Licensing and Branding Decree 2011 stipulates that any person or entity that knowingly fails to comply with the decree faces a fine of as much as $50000 or a maximum term of five years imprisonment, or even both. ...more »

Construction & Development
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Virginia AG Cuccinelli may intervene in ballot flap
CBS NewsJanuary 1, 2012

I guess you forgot to tell the Supreme Court that states set their own election laws. by obwan222 December 31, 2011 7:34 PM EST Mortar1SG29: "It is a state law. No Federal courts need to be involved... Unless you are a is none of your ...more »

Locating Funds
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Texas Consumer Health Assistance Program to close after losing federal funding
Washington PostJanuary 2, 2012

With funds from the federal health reform law, the Texas Consumer Health Assistance Program was launched last January. A $2.8 million grant allowed the state to hire nine employees to staff a toll-free hotline. More than 6000 Texans called in during ...more »

Contracts Involving State & Minicipality
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Small cases are big business in California courtrooms
Los Angeles TimesJanuary 2, 2012

Lawyers often do better financially than their clients. Many other states apply stricter judicial standards. Last month, in a ruling that seemed to draw a line on frivolous actions, the US 9th Circuit Court of Appeals upheld the dismissal of a Los ...more »

Mergers, Acquisitions & Divestitures
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Chesapeake Ignites 2012 Energy Deals
TheStreet.comJanuary 3, 2012

Kinder Morgan's(KMI) $37.9 billion acquisition of El Paso(EP) was the biggest deal of 2011 after a $39 billion wireless merger between AT&T(T) and T-Mobile USA was struck down by antitrust authorities. In the deal, Total will pay Chesapeake Energy $610 ...more »

Corporate Finance & Taxation
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HMRC investigates secret perks given to football players and their families
Daily MailJanuary 1, 2012

Investigators from Her Majesty's Revenue & Customs have interviewed finance directors at Britain's richest clubs to establish the extent of benefits lavished on footballers. Officials from HMRC's High Net Worth Unit – which usually targets the tax...more »

Mortgages & Foreclosures
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As home prices fall, more borrowers walk away
msnbc.comJanuary 9, 2012

Some 11 percent said they'd be less likely to pay their mortgage, and more likely to walk away from their loan, if their lender was cited for using false foreclosure documentation. The government's ineffective response to the housing crisis, ...more »

Creditor's Rights
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AWARDS [Central Penn Business Journal (PA)]
Insurance News Net (press release)January 2, 2012

... white-collar governmental investigations and litigation criminal defense; Cunningham & Chernicoff PC , bankruptcy and creditor/ debtor rights, and insolvency and reorganization law; Daley Zucker Meilton Miner & Gingrich LL C, family law mediation; ...more »

Non-Profit Corporations
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Petition seeks to deny WCQS license renewal
Asheville Citizen-TimesJanuary 2, 2012

“We're not trying to drive the station off the air, we're trying to have management that is responsible to the community it serves.” The station's broadcast license, held by its nonprofit owner, Western North Carolina Public Radio, would have been ...more »

Customs Disputes
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What made Russian business in 2011
RTJanuary 2, 2012

Customs Union between Belarus, Kazakhstan, and Russia removed all custom borders between the states. Russia, Kazakhstan and Belarus have launched a customs union as a first step towards forming a broader EU-type economic alliance of former Soviet ...more »

Professional Corporations
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Obeying the law is hard (blog)January 3, 2012

It's a fascinating window into the topic of law-breaking involving corporations. For businesses, following the law doesn't exhaust ethical responsibilities, but it's an awfully good start. Most of us probably think following the law is the absolute ...more »

Debt Collection
[read all news] Add Vices for Tax Collectors
ADI NewsJanuary 1, 2012

That is why trillions of dollars in debt for the US has sunk tax collections and this is why infrastructures are crumbling. It eventually becomes a bitter and terrible cycle where US taxpayers are fed up with their money going overseas while they have ...more »

Public Offerings
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Garnett: Boulder County commissioners should wait before seeking other county jobs
Daily CameraJanuary 1, 2012

Domenico and Toor, meanwhile, have scheduled a 3 pm Tuesday meeting to discuss the county attorney's appointment. The advance agenda, posted online Friday and sent to people on an email list to get the board's agendas, said "the public is invited to ...more »

Debt Settlement
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: Credit card debt
phillyBurbs.comJanuary 1, 2012

Q. My husband and I have accumulated much more credit card debt than we can handle. I lost my job last year, which was a contributing factor. I saw a TV commercial for a debt settlement firm that claimed to be able to reduce credit card debt ...more »

Reorganizations & Restructuring
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Panasonic revamps business fields, more focused on energy operations
Mainichi Daily NewsJanuary 1, 2012

It announced in October that it is anticipating a huge group net loss of 420 billion yen for this fiscal year due to costs related to restructuring the money-losing business. "There are multiple factors behind restructuring such as the strong yen and ...more »

Directors' & Officers' Liability
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Personnel Moves
Pittsburgh Tribune-ReviewJanuary 1, 2012

As co-chair of the banking and financial services litigation practice group, Washowich handles civil, commercial and complex litigation matters. • Robb Leonard Mulvihill LLP hired Brittany E. Fleming as an associate, practicing in civil litigation. ...more »

State & Minicipal Bonds
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Employment law reform for small firms 'a gimmick' 2, 2012

The Government's moratorium on employment law for micro businesses has been branded a gimmick, after it emerged that those employing fewer than 10 staff were not exempt from a single regulation last year. The Federation of Small Businesses said the ...more »

False Advertising
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Crown Equity Holdings (CRWE) Update and Projects for 2012
The Star-Ledger - NJ.comJanuary 2, 2012

After becoming a publishing company Crown Equity Holdings Inc - CRWE - has been evolving in a worldwide online multimedia advertising publisher. The company's focus is on the distribution of current information to a target audience which advertisers...more »

Trade Associations
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Fiji to end emergency laws
Australia Network NewsJanuary 2, 2012

The president of the Australian Council of Trade Unions has cautiously welcomed Fiji's intention to remove emergency law. Fiji's prime minister Commodore Frank Bainimarama made the announcement in his New Year's eve address. ...more »

Federal Contracts
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Silicon Valley Politicians Introduce 50 New Laws for 2012
Patch.comJanuary 1, 2012

SB 506: Spurring Investment in California Bonds It updates laws allowing the use of registered warrants to pay an existing tax liability. SB 225: Expanding Small Business Loan Program Through the bill, small trucking companies are able to access the ...more »

Unfair Competition
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Microsoft, Tilaknagar, Macy's, Apple: Intellectual Property
BloombergJanuary 4, 2012

A former assistant US Attorney, he has represented clients in IP disputes involving theft of trade secrets, antitrust, restrictive covenants and unfair competition, as well as maintaining a general litigation practice. He has an undergraduate degree ...more »

Federal Grants
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Telluride Foundation awards community grants
The Daily PlanetJanuary 1, 2012

While the organization gets much of its funding from federal, state and municipal government entities, as well as other grants and donors, she said the Telluride Foundation's contribution is an important piece in their “patchwork quilt of funding. ...more »

Venture Capital
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Private Equity and Venture Capital (PE/VC) Activity in Medical Devices ...
MarketWatch (press release)January 3, 2012

3, 2012 /PRNewswire via COMTEX/ -- announces that a new market research report is available in its catalogue: GBI Research's report, "Private Equity and Venture Capital (PE/VC) Activity in Medical Devices - Number of Investments in ...more »


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