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

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Looking forward 2012: A better place...
Times of IndiaJanuary 1, 2012

In 2011, a special court for NIA cases and 2G spectrum was established. Sources say more special courts may be formed if the number of cases with the National Investigating Agency increases. The year 2012 will mark the end of the 54-year-old MCD ...more »

ZAB case to open floodgates of litigation: Kasuri
The News InternationalJanuary 1, 2012

He said that instant case falls within the purview of settled principle of Law ie “Closed and Past transaction.” Since the administration of justice heavily lean in favour of “Finality” hence a litigation, which is closed and past, cannot be reopened, ...more »

Business Law News and Stories

Advertising
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Cousin of Syria's Assad denied visa to Switzerland
Sacramento BeeJanuary 1, 2012

AP GENEVA -- The Swiss supreme court has rejected a demand by a cousin of Syrian President Bashar Assad to visit his lawyer in Switzerland. Hafez Makhlouf had petitioned Switzerland's Federal Tribunal to grant him a visa so he could discuss with his ...more »

Foreign Investments
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A fresh bet on foreign cash
Hindu Business LineJanuary 2, 2012

The latest move to allow foreign individuals, pension funds and trusts from certain countries – under the banner of Qualified Foreign Investors (QFIs) – to invest directly in Indian stocks should be seen in this light. But any hopes it will lead to a ...more »

Antitrust Law, Domestic
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The Law Firms of Brown & Crouppen and Richard Schwartz & Associates Respond to ...
MarketWatch (press release)January 1, 2012

LOUIS, Jan 01, 2012 (BUSINESS WIRE) -- The US Food and Drug Administration and the Centers for Disease Control have announced the preliminary laboratory test results of baby formula involved in a recent case where a Cronobacter bacterial infection ...more »

Franchising
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Business cleans commercial kitchen exhaust systems
nwitimes.comJanuary 1, 2012

"We wanted to start a new business and looked into franchises." Hoodz, which was opened by Belfour International in 2009, is a national leader in the restaurant kitchen exhaust cleaning industry with more than 100 franchises nationwide. ...more »

Gaming Law
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For online gaming, Obama administration leaves uncertainty in California
Capitol WeeklyJanuary 5, 2012

The document clarifies a federal law, the 1961 Wire Act, which has a prohibition against online gaming that applies only to bets on sporting events. Many are interpreting that position as opening the legal floodgates for the acceptance of other forms ...more »

Banking Law
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Lloyds Banking Group's bosses were 'reckless', say lawyers for US investors
The GuardianJanuary 1, 2012

Announcing the merger, Daniels described it as "a fantastic deal", saying that the combined companies would have a "robust capital position". However, by 1 October, HBOS had been forced to take emergency loans from the Bank of England, ...more »

Government Construction Contracts
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Democrats maneuver to put right to work before voters
Indianapolis StarJanuary 17, 2012

Democrats on Tuesday will push for a referendum in the November election on whether to enact the law, which bars companies and unions from negotiating contracts that require non-members to pay fees. House Minority Leader B. Patrick Bauer, D-South Bend, ...more »

Business Formation
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More room for women at the top
Sydney Morning HeraldJanuary 1, 2012

A director for nine years, Mann is on the boards of First State Superannuation Trustee Corporation (with $30 billion under management), Perpetual Superannuation Limited and chairs the Doctors' Health Fund Limited. She joined listed company Ridley Corp...more »

Institutional Investing
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Judge weighs LMU law school's request in accreditation dispute
Knoxville News SentinelJanuary 7, 2012

Rae cited articles quoting school officials in The New York Times, National Law Journal, Wall Street Journal Law Blog and local media. Cioffi dismissed claims that the school had engaged in a media campaign, but instead pointed to prospective students ...more »

Commercial
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Top 10 local business stories of 2011
Traverse City Record EagleJanuary 1, 2012

Most Michigan businesses received a boost from tax law changes that Snyder signed in May. As of today, the state will shift to a 6 percent income tax -- mostly on larger corporations with shareholders -- a move that exempts an estimated two-thirds of ...more »

Shadowy group behind attacks on climate scientists handed setback in court
Facing SouthJanuary 3, 2012

ATI -- which, like ATP, is funded by dirty-energy interests -- works to cast doubt on the scientific consensus that global warming is real and driven by human activity. ATP has also been involved in efforts to overturn laws that limit corporate money ...more »

Commercial Bankruptcy
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Developer of Maryland housing office in Prince George's has financial troubles
Washington PostJanuary 1, 2012

The charter of the Carl Williams Group, a development company founded in 2005 in Prince George's, was revoked by the State Department of Assessments and Taxation two years ago for failing to file a 2008 property tax return with the state. ...more »

Internal Investigative Services
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Top RCMP officer stands by review into missing women investigation
Montreal GazetteJanuary 13, 2012

Williams staood by his uncritical 2002 internal review of the Mounties investigation into the Robert Pickton serial killings. The RCMP's second most senior officer in Canada told the Missing Women Commission of Inquiry on Wednesday there were few ...more »

Commercial Leasing
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Buchalter Adds Wance to OC Practice
GlobeSt.comJanuary 2, 2012

IRVINE,CA-Lawyer Douglas E. Wance has joined the Buchalter Nemer Real Estate Practice Group as a partner. The veteran environmental law practitioner is considered an expert in both land use and water resources, and works with both public agencies and ...more »

International Transactions
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Aptalis Pharma Announces Agreement to Market RECTIV(TM) in the US
MarketWatch (press release)January 9, 2012

Ltd., and an international specialty pharmaceutical company, received Food and Drug Administration (FDA) approval for RECTIV on June 21, 2011. Financial terms of Aptalis's transaction with ProStrakan include an upfront license fee, a commercialization ...more »

Communications & Media
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Why Does Big Labor Support the Stop Online Piracy Act?
The New AmericanJanuary 1, 2012

Perhaps they understand that by granting the government the power to pull the plug on any one of these websites at any time without warning, SOPA is a persuasive disincentive to investment and thus to corporate growth and survival. ...more »

Patients in limbo
Record-SearchlightJanuary 1, 2012

Harris has asked state lawmakers to draft legislation to clarify whether patients can legally acquire marijuana at storefront dispensaries or whether collective and cooperative cultivation is the only legal way. "Without a substantive change to ...more »

Construction & Development
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12 stories coming in 2012
Quad City TimesJanuary 1, 2012

Attorneys for the state agency said he exploited his position and asked the high court to temporarily suspend his law license. His license was suspended in October, pending an opportunity by a three-member hearing board to sort out the commission's ...more »

Locating Funds
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Egypt defends probing into NGOs over suspected illicit funding
XinhuaJanuary 1, 2012

1 (Xinhua) -- Egyptian Justice Minister Adel Abdel- Hamid Abdullah said on Sunday that no violations of laws occurred in Thursday's searching of the premises of 17 Egyptian and foreign civil organizations over suspected illicit funding activities. ...more »

Contracts Involving State & Minicipality
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Of heart surgery and mothers-in-law
Jerusalem PostJanuary 1, 2012

But mothers-in-law and business issues? Bring them on. Issamar Ginzberg is a rabbi, businessman, public speaker and marketer. He travels extensively between New York and Jerusalem and has been published in more than 30 national business publications, ...more »

Mergers, Acquisitions & Divestitures
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SMSC Launches Highly Integrated Wireless Headset Audio Processor With Tri-Band ...
MarketWatch (press release)January 5, 2012

Our forward looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations and may not reflect the potential impact of any future acquisitions, mergers or divestitures. ...more »

Corporate Finance & Taxation
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Individual mandate is a hidden tax
Florida Times-UnionJanuary 3, 2012

Florida and 25 states assert that the individual mandate is the linchpin to the health care law. The states argue that if the mandate is unconstitutional it would be removed and the entire law should come crashing down. In other words, the mandate ...more »

Mortgages & Foreclosures
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S.C. association laws differ from N.C.'s
Charlotte ObserverJanuary 14, 2012

Mike Hunter is handing this question to Cynthia Jones, an associate who is licensed to practice in both North and South Carolina. Her practice focuses on representation of homeowners associations and real estate developers. Her answer: As discussed in ...more »

Creditor's Rights
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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 »

Non-Profit Corporations
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FIRST (R) Celebrates Student Inventors
MarketWatch (press release)January 5, 2012

MANCHESTER, NH, Jan 05, 2012 (BUSINESS WIRE) -- FIRST (R) (For Inspiration and Recognition of Science and Technology), a not-for-profit organization founded by inventor Dean Kamen, announced today that participants on high school FIRST teams in North ...more »

Customs Disputes
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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 »

Professional Corporations
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APOC: Billing "oddities" but Treadwell ad services didn't violate campaign law
TheNewsTribune.comJanuary 3, 2012

Mead Treadwell, in his election campaign, got discounts for ad services that amounted to a corporate contribution, and has concluded that he didn't. By ROSEMARY SHINOHARA; Anchorage Daily News The Alaska Public Offices Commission staff investigated ...more »

Debt Collection
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AWARDS [Central Penn Business Journal (PA)]
Insurance News Net (press release)January 2, 2012

Best Lawyers named the following regional attorneys Lawyers of the Year for the specified categories: William A. Atlee Jr ., medical malpractice law for plaintiffs; Charles J. Ferry , banking and finance law; Bradley J. Gunnison , tax law; ...more »

Public Offerings
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Utah's Republican Attorney General Stands Up for Embattled Holder
Main JusticeJanuary 3, 2012

“You would think a group of legislators who tout the Constitution as much as … these guys do would understand that the Utah Constitution prohibits them from” taking over the state Attorney General's role, Shurtleff told the Salt Lake Tribune last ...more »

Debt Settlement
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Your Legislative Preview: SATs, Debt and Shoveling
DCist.comJanuary 3, 2012

Councilmember Mary Cheh (D-Ward 3) said that legislation that would centralize the District's debt collection responsibilities under a single office run by the DC CFO would come up for a second and final vote tomorrow. Under the measure, a nine-person ...more »

Reorganizations & Restructuring
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Investors Should Buy Maersk, Frontline 2012, RS Platou Says
BloombergJanuary 2, 2012

Frontline 2012 was formed as part of a reorganization by tanker operator Frontline Ltd., which today completed a restructuring as it sold vessels, pared commitments for new ships and eliminated bank debt to tackle a slump. The Bermuda-based company ...more »

Directors' & Officers' Liability
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A year reviewed
Juneau EmpireJanuary 1, 2012

22: Alaska Retirement Management Board gets a personal visit from Parnell, seeking help in addressing state's $11 billion unfunded pension liability. • Sept. 29: Author Joe McGinniss' long-awaited book trashing Sarah Palin is released, gets trashed by ...more »

State & Minicipal Bonds
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Health Law Expert Joins IU
Inside INdiana Business (press release)January 4, 2012

Prior to joining IU, Terry was the Chester A. Meyers Professor of Law at Saint Louis University School of Law, where he taught Torts, Products Liability, Health Information Technology, Law & Science, and Health Care Quality. ...more »

False Advertising
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On the move: People in business
Jackson Clarion LedgerJanuary 1, 2012

•Robert Parrott has joined the law firm as a litigation associate in the firm's Jackson office. He previously interned with the Mississippi Supreme Court under Justice David Chandler and with the US District Court for the Northern District of ...more »

Trade Associations
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Hundreds of New Laws Go into Effect in 2012
Patch.comJanuary 3, 2012

A new law in California allows active duty military personnel who are serving outside the state to file candidacy papers through a power of attorney. SB 126 will protect farm workers when an employer, acting in bad faith, prevents them from holding a ...more »

Federal Contracts
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Value of Gableman's legal services disputed
Milwaukee Journal SentinelJanuary 1, 2012

One of those 4-3 cases all but eliminated collective bargaining for public employees, and on Friday Dane County District Attorney Ismael Ozanne asked the state Supreme Court to reopen the case because McLeod and others at Michael Best worked on the ...more »

Unfair Competition
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Revenue, fairness
Tulsa WorldJanuary 1, 2012

While I wish devoutly that passing a law to create a level playing field for local merchants will help them compete and survive, I have to admit that history suggests that it won't help. Case in point is Oklahoma's Unfair Sales Act. The law, ...more »

Federal Grants
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Wiger: New Laws Seek to Prevent Carbon Monoxide Deaths, Raise Organ Donor Funding
Patch.comJanuary 1, 2012

With this new law, people applying for a driver's license will be asked if they would like to contribute $2 to a donor awareness campaign. The money will be used as grants to federally certified organ procurement organizations and nonprofit ...more »

Venture Capital
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Charles River Ventures now in Cambridge, Point Judith now in Boston (and other ...
Bizjournals.com (blog)January 4, 2012

News to me: Two more venture capital firms have re-located to Boston/Cambridge from elsewhere in the region. • Charles River Ventures has moved its East Coast office to Cambridge from Winter Street in Waltham. The new office is located in the same ...more »

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