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

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Why it's best to spend 2012 between the covers
The IndependentJanuary 1, 2012

The latter should be a real treat for Jacobson's fans: it is set in doomed literary London and stars a downtrodden protagonist with a highly strung, red-haired wife and a deeply troubling mother-in-law.... Attica Locke's The Cutting Season (Serpent's ...more »

Women's Rights at Stake: Why Iowa Feminists Should Caucus for President Obama
Huffington Post (blog)January 1, 2012

While the mainstream media has neglected to pursue which candidates stand with Rick Perry in his newfound opposition to abortion in after the horrific crimes of rape or incest, the New York Times ...more »

Business Law News and Stories

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Sinkholes become Florida's latest insurance disaster
Tampabay.comJanuary 1, 2012

Citizens has contributed to its losses by opting in some cases to handle the sinkhole repairs itself. Homeowners complain that contractors hired by Citizens do shoddy work, leading to lawsuits and settlements that can run into six figures. ...more »

Foreign Investments
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California 745 new laws cover everything from soup to tanning beds
Ventura County StarJanuary 1, 2012

By Timm Herdt SACRAMENTO — California will usher in 2012 with 745 new laws on its books — and if you like shark fin soup, are in the habit of carrying around an unloaded handgun, or are the parent of a teenager who frequents tanning salons — there ...more »

Antitrust Law, Domestic
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Distinguished Litigation and Intellectual Property Attorney Frederick A. Tecce ...
MarketWatch (press release)January 3, 2012

PHILADELPHIA, Jan 03, 2012 (BUSINESS WIRE) -- Panitch Schwarze Belisario & Nadel LLP, a Philadelphia intellectual property law firm, is delighted to announce the addition of veteran litigation attorney Frederick A. Tecce to the firm. ...more »

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2011's wild ride includes controversy, successes
Bonner County Daily BeeJanuary 1, 2012

Bonner County Commission Chairman Cornel Rasor spearheaded the formation of the council to advise elected officials and departments on matters involving private property rights. The council withstood review from the Idaho Attorney General's office, ...more »

Gaming Law
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Casino notice to players clears hurdle
Scranton Times-TribuneJanuary 3, 2012

BY ROBERT SWIFT (HARRISBURG BUREAU CHIEF) Since the casino law was approved in 2004, there has been legislation in the hopper to require that casinos notify patrons on a regular basis about their own gambling activities. A bill requiring that casinos ...more »

Banking Law
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KBC Bank and ING Belgium waive the non respected credit covenants by Renogen ...
Reuters (press release)January 2, 2012

Brussels - 2 January 2012 - 8.50 CET - Regulated Information KBC Bank agreed to waive the possibly non respected credit covenants by Renogen over the year 2011. KBC Bank agreed that Renogen starts the redemption of the long term credit facility related ...more »

Government Construction Contracts
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Contracts went to criminals
Toledo BladeJanuary 1, 2012

“I work side by side with My Bro Greg Jr., running my fathers construction company!” her Facebook profile says. “Its a great job if you can deal with your parents yelling at you like your still a kid! I don't mind it!” Grecheri Harris, daughter of ...more »

Business Formation
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Leaders left their mark
Toledo BladeJanuary 1, 2012

He began his 30-year tenure with the port as a staff attorney. He died April 27. Theodore R. Spangler, 92, of Bryan ran the candy company his father founded and led Spangler Candy's purchase of its signature brand, Dum Dum. He died Sept. 28. ...more »

Institutional Investing
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Israel Parliament Approves Law On Top Court Judges
SalonJanuary 3, 2012

Co-produced by Justin Vernon of Bon Iver (who also happens to be Edwards' boyfriend and one of Salon's sexiest men) — and featuring cameos by Norah Jones, Francis and the Lights and Peter Wolf Crier's Brian Moen, among others — “Voyageur” falls ...more »

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2012 brings a spate of new laws
Jacksonville Journal-CourierJanuary 1, 2012

PA 97-0449 • New language specifies that a school board is allowed to suspend or expel a student who has made a explicit threat on an Internet website against a school employee, fellow student or any other school personnel. ...more »

Defense Bill Approves Offensive Cyber Warfare
InformationWeekJanuary 5, 2012

By J. Nicholas Hoover InformationWeek The annual defense budget passed in December affirms that the Department of Defense may carry out offensive cyber attacks to defend US interests and those of its allies. It also requires the military to take ...more »

Commercial Bankruptcy
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How you can recover from a bad holiday debt hangover
Calgary HeraldJanuary 1, 2012

That starts you on the road to exploring every available option - before facing the prospect of bankruptcy. Aside from OPD, people with debt may consider selling a personal asset, such as a car, to deal with it. "Maybe you take the bus," says Wilson. ...more »

Internal Investigative Services
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Criminal Investigation Launches Into Twin Rivers PD
KCRA SacramentoJanuary 5, 2012

(KCRA) -- A criminal investigation into the Twin Rivers Police Department is under way, looking into the possible mishandling of weapons and misappropriation of funds. Attorney David Mastagni said the Twin Rivers Police Officers Association is aware of ...more »

Commercial Leasing
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Year in Review: A month-to-month look at the stories of 2011
Times-StandardJanuary 1, 2012

21 -- Squires suit -- The city of Eureka and the Humboldt County District Attorney's Office have filed suit in Humboldt County Superior Court against Floyd and Betty Squires, alleging “ongoing and pervasive” code violations at the Squireses' 26 ...more »

International Transactions
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DOJ Health Care Chief and Former FCPA Assistant Chief to Join Jones Day in ...
Citybizlist (press release)January 3, 2012

Today, about 240 lawyers practicing in the antitrust, business practice, government regulation, intellectual property, labor & employment, litigation, and tax areas are housed in a historic office building across the street from the US Capitol.more »

Communications & Media
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2011 International LGBT Roundup: Asylum and Refugees (blog)January 1, 2012

They also agreed to share best practices on treatment of LGBT asylum cases. In Australia a law was passed clarifying protection rights for homosexual refugees. It emerged in October that key global south LGBT activists are increasingly encountering ...more »

Washington woman in court for being drunk in charge of a mobility scooter
Sunderland EchoJanuary 5, 2012

Many of the motoring laws that apply to cars and other motorised vehicles do not apply to mobility scooter drivers. Section 12 of the Licensing Act 1872 has been used for drink related incidents involving mobility scooters as it states that it is an ...more »

Construction & Development
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Rose Parade governed by unique set of laws
Los Angeles TimesJanuary 1, 2012

City ordinances address everything from construction of grandstand seating and the sale of parade programs to acts of political protest. Under a 1992 ordinance, disrupting or impeding a parade can land a person a $1000 fine and up to six months in jail ...more »

Locating Funds
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Malta Lures Connecticut Hedge Funds With 300 Days of Sun Aided by EU Rules
BloombergJanuary 5, 2012

Strategic Location If they were, the total amount of money managed by Malta- based companies would be as high as 80 billion euros, estimates James Farrugia, director of investment services at the Maltese law firm Ganado & Associates. ...more »

Contracts Involving State & Minicipality
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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 »

Mergers, Acquisitions & Divestitures
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Joel N. Ephross of Duane Morris Houston Office Named Partner
Citybizlist (press release)January 3, 2012

He has worked in all aspects of commercial real estate, including leases, acquisitions and divestitures, mortgages and easements. Ephross is a 1993 magna cum laude graduate of South Texas College of Law, where he was a member of the Law Review and was ...more »

Corporate Finance & Taxation
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Nobody Understands Debt
New York TimesJanuary 2, 2012

The debt from World War II was never repaid; it just became increasingly irrelevant as the US economy grew, and with it the income subject to taxation. Second — and this is the point almost nobody seems to get — an over-borrowed family owes money to ...more »

Mortgages & Foreclosures
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New Foreclosure Laws in Florida May Restrict Access to Courts (press release)January 11, 2012

Florida was one of the states that saw foreclosure rates skyrocket. Homeowners statewide were hit with mortgage payments that they could not afford, and home values dropped substantially. The foreclosure process in Florida provided some protection to ...more »

Creditor's Rights
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Fuel subsidy removal: the gains vs the pains
Daily SunJanuary 2, 2012

Creditors also lose during inflation because if they lend out for instance N1million when there is no inflation and the prices are moderate or stable, the moment inflation sets in the value of that N1million to the creditor is lost. ...more »

Non-Profit Corporations
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New GAR Foundation president follows familiar footsteps
Akron Beacon JournalJanuary 3, 2012

The foundation has distributed more than $200 million to nonprofit organizations and has assets of about $140 million. The foundation primarily focuses on Summit County, though it also supports Northeast Ohio organizations with a top priority being ...more »

Customs Disputes
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FCR's collective responsibility
DAWN.comJanuary 2, 2012

In drafting the FCR, it is said that reliance was placed on tribal customs and traditions such as the jirga and the idea of collective responsibility. Any such resemblance, though, is in name only as the FCR twists and distorts these institutions and ...more »

Professional Corporations
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Main St. under same scrutiny as Wall St.
Minneapolis Star TribuneJanuary 2, 2012

Now the changing legal landscape for corporate America is washing over closely held businesses, too. Many understandably place the blame on Wall Street for the law tightening its grip upon private business. Since the 1980s, when the legal landscape for ...more »

Debt Collection
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NA passed 25 bills, enacted 22 laws in 2011
The News InternationalJanuary 1, 2012

... the National Defence University Act, 2011 (May 14), the Industrial Development Bank of Pakistan (Reorganization and Conversion) Act, 2011 (May 10), the Election Laws (Amendment) Act, 2011 (May 3), the Pakistan Institute of Fashion and Design Act, ...more »

Public Offerings
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Anand's work-in-progress
Trinidad & Tobago ExpressJanuary 2, 2012

By Keith Subero Some time ago, I suggested Attorney General Anand Ramlogan consider very seriously how history will record his performance in office. As the first defender of the Constitution, this morning he should be assessing his impact during the ...more »

Debt Settlement
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ACA Active at Supreme Court [Collector]
Insurance News Net (press release)January 2, 2012

This is often the case in many consumer actions asserting violations of the Fair Debt Collection Practices Act. In Edwards, Ohio resident Denise Edwards purchased a First American title insurance policy through a referral from the title company that ...more »

Reorganizations & Restructuring
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China's Wen Sees 'Relatively Difficult' First Quarter
BusinessWeekJanuary 3, 2012

The steel industry should upgrade its technology and restructure through reorganizations and mergers to reduce excess capacity, he said, according to the government statement. Wen also said the country must continue to develop its high-speed rail ...more »

Directors' & Officers' Liability
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Delaware's Top Five Worst Shareholder Decisions for 2011 (#5: In re Massey Energy)
The Race to the BottomJanuary 1, 2012

Massey agreed to merge with Alpha Natural Resources. As part of the merger, derivative claims filed against the board would effectively be eliminated (or more accurately transferred to Alpha). Plaintiffs, who had filed claims arising from the Upper Big ...more »

State & Minicipal Bonds
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Main St. under same scrutiny as Wall St.
Minneapolis Star TribuneJanuary 2, 2012

Now the changing legal landscape for corporate America is washing over closely held businesses, too. Many understandably place the blame on Wall Street for the law tightening its grip upon private business. Since the 1980s, when the legal landscape for ...more »

False Advertising
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Woman takes Honda to small-claims court over gas mileage
USA TODAYJanuary 1, 2012

By Chris Woodyard, USA TODAY A woman unhappy about a proposed settlement of five class-action cases against Honda that allege false advertising when it comes to the gas mileage of the Honda Civic Hybrids is taking her case to small-claims court Tuesday ...more »

Trade Associations
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Gay history and immigrant aid laws to take effect
San Jose Mercury NewsJanuary 1, 2012

California is joining Hawaii, Washington, Oregon and Guam in banning the sale, trade and possession of shark fins, used in an Asian delicacy, under AB376 by Assemblyman Paul Fong, D-Cupertino. It becomes illegal to carry an exposed and unloaded handgun ...more »

Federal Contracts
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Contracts went to criminals
Toledo BladeJanuary 1, 2012

“I work side by side with My Bro Greg Jr., running my fathers construction company!” her Facebook profile says. “Its a great job if you can deal with your parents yelling at you like your still a kid! I don't mind it!” Grecheri Harris, daughter of ...more »

Unfair Competition
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Mitchell: Schools are underperforming, need to be improved
SouthCoastToday.comJanuary 3, 2012

As your Mayor, I pledge to you that I will fight non-stop in that global competition on our City's behalf. Our starting point will be to support our existing businesses, as well as to protect our fishing industry from unfair regulations. ...more »

Federal Grants
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Southland cities unlikely to get federal aid for wind damage
Los Angeles TimesJanuary 1, 2012

"It remains unlikely that we would reach the federal threshold," he said. Pasadena officials met last week with Rep. Adam Schiff (D-Burbank) to discuss federal aid. Schiff said other federal grants may be available for the city's emergency operations ...more »

Venture Capital
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Venture capital M&A: 10 notable exits in Boston from 2011 (blog)January 4, 2012

Local VCs that exited: Bessemer Venture Partners and Ampersand Capital Partners. (Pictured: Endeca CEO/founder Steve Papa.) Google, Oracle and HP — those were just a few of the tech giants that swallowed up venture-backed Massachusetts companies in ...more »


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