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

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Vancouver teen stabbed in city's 15th homicide of 2011
Vancouver SunJanuary 1, 2012

Vancouver police investigate the city's 15th homicide of the year at an apartment block at 5037 Main St at 35th Ave in Vancouver, BC., on December 31, 2011. A nineteen year-old man is dead of stab wounds and a 48 year-old man is in custody following ...more »

What is HRW up to in Pakistan?
The News InternationalJanuary 1, 2012

Asked that even in developed and advanced political cultures the principle of judicial review exists and superior judiciary exercises its powers to set aside any law made by the Parliament if it is found against the basic structure of the constitution...more »

Business Law News and Stories

Advertising
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CAIR Troubled By New Detention Law, Despite President's 'Reservations'
Sacramento BeeJanuary 1, 2012

Do not use the commenting system for advertising. That's spam and it isn't allowed. • Don't use all capital letters. That's akin to yelling and not appreciated by the audience. • Don't flag other users' comments just because you don't agree with their ...more »

Foreign Investments
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Vetting pharma M&As out of ambit, says CCI
Times of IndiaJanuary 1, 2012

Officials told TOI that CCI has told the government that the move will be tough to defend in a court of law and can only be implemented if the government amends the Competition Act. Amid demands from domestic industry and the department of industrial...more »

Antitrust Law, Domestic
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Abortion, immigration changes among new 2012 laws
LubbockOnline.comJanuary 1, 2012

Alabama, with the country's toughest immigration law, is enacting a key provision requiring all employers who do business with any government entity to use a federal system known as E-Verify to check that all new employees are in the country legally. ...more »

Franchising
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Broncos shouldn't be ashamed of being a gift horse
Mile High sportsJanuary 2, 2012

This time last year the Broncos franchise was in shambles. John Elway was still working primarily as a restaurateur (though rumors of his return to the organization were flurrying like a January afternoon on Vail Pass). The defense was the worst in the ...more »

Gaming Law
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Legal opinion may revive ND Internet poker
BusinessWeekJanuary 6, 2012

But a new agency opinion, made public late last month, says one of the key federal laws wielded against Internet gambling -- called the Wire Act -- applies only to sports betting. Kasper and attorneys sympathetic to his cause made similar arguments six ...more »

Banking Law
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Hungary Banks, Treasury Fees, South Korea Banks, CDR Financial: Compliance
BloombergJanuary 3, 2012

His conviction is a victory for federal antitrust prosecutors in their five-year investigation of the $3.7 trillion municipal bond market. The case is US v. Rubin/Chambers, Dunhill Insurance Services Inc., 09-CR-01058, US District Court, ...more »

Government Construction Contracts
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Stocks, Commodities Gain as Manufacturing Expands; Dollar Drops
BusinessWeekJanuary 3, 2012

Financial, industrial and commodity shares led the S&P 500's gain as the Institute for Supply Management's factory index topped estimates and government data showed construction spending grew at more than twice the forecast rate. ...more »

Business Formation
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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 Virginian...it is none of your ...more »

Institutional Investing
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Investment Opportunity
Barron'sJanuary 21, 2012

The businesses made a 22000% return on their investment. From 2002 to 2004, major corporations lobbied for a get-out-of-jail-free card for their profits earned in foreign countries. Uniquely in the world, the US claims the right to tax its corporations ...more »

Commercial
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Man With Explosives Detained at Texas Airport
Wall Street JournalJanuary 1, 2012

An American Airlines spokesman said the man had a reservation on Flight 3283 from Midland to Dallas-Fort Worth International Airport. The departure time for the American Eagle plane was 9:45 am This copy is for your personal, non-commercial use only. ...more »

Celebrate Jamaica by abolishing outdated colonial laws
Jamaica GleanerJanuary 6, 2012

Ricardo Makyn/Staff Photographer AS JAMAICANS prepare to mark 50 years of Independence this year, the International Press Institute (IPI), the world's oldest global press-freedom organisation, extends its warmest wishes to the island nation's new ...more »

Commercial Bankruptcy
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Abortion, immigration changes among new 2012 laws
LubbockOnline.comJanuary 1, 2012

Alabama, with the country's toughest immigration law, is enacting a key provision requiring all employers who do business with any government entity to use a federal system known as E-Verify to check that all new employees are in the country legally. ...more »

Internal Investigative Services
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North Chicago puts police chief on leave
Chicago TribuneJanuary 4, 2012

Last month, the mayor resisted a 4-3 vote by the council to remove the chief, saying he would wait for the end of an internal review of the Hanna case and an investigation by the Illinois State Police public integrity unit, which are still unfinished. ...more »

Commercial Leasing
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2011 was a year of high and low points in Columbia County
Columbia County News TimesJanuary 1, 2012

By Staff Reports The year that was 2011 featured political intrigue and high-profile court cases. Columbia County residents experienced high points such as hometown heroes Lady Antebellum performing a concert to dedicate a new Evans pavilion, ...more »

International Transactions
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McKenna Long & Aldridge LLP Elects Seven New Partners, Promotes Senior ...
Citybizlist (press release)January 5, 2012

Jennifer J. Lee is a member of the firm's litigation practice. She represents a range of clients in asbestos product liability cases in California, including premise owners and manufacturers, distributors and suppliers of a wide variety of products. ...more »

Communications & Media
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Minister lamented misuse of social media
Jakarta PostJanuary 2, 2012

JAKARTA: Law and Human Rights Minister Amir Syamsuddin says the ministry will help disseminate information to the public about how to use social media in accordance with the 2008 Information and Electronic Transaction Law. ...more »

Clayton businessman challenges state machine gun law
News & ObserverJanuary 1, 2012

The issue now, Nielsen says, is that the sheriff is able to add rules and regulations to the permitting process that are outside of the state statutes and federal licensing laws. The machine gun permit Nielsen asked for in May 2011 was denied because ...more »

Construction & Development
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YEAR IN REVIEW: 2011 was a banner year for economic development in Hudson
Hudson Hub-TimesJanuary 1, 2012

... 12800-square-foot skilled nursing addition to Laurel Lake Retirement Community; a $15 million dollar assisted living facility on Atterbury Boulevard in the Hudson Station development. Construction on Gables of Hudson, a planned $11 million assisted ...more »

Locating Funds
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President Obama's “Signing Statement” on Signing the NDAA
OB RagJanuary 3, 2012

Sections 1231, 1240, 1241, and 1242 could be read to require the disclosure of sensitive diplomatic communications and national security secrets; and sections 1235, 1242, and 1245 would interfere with my constitutional authority to conduct foreign ...more »

Contracts Involving State & Minicipality
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Tips for joining a gym
Allentown Morning CallJanuary 1, 2012

To protect yourself, make sure the gym you join provides a written contract as required by law. Contracts can't exceed three years and can't contain automatic renewal clauses unless members are given the opportunity to confirm the renewal. ...more »

Mergers, Acquisitions & Divestitures
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The 2012 Regulatory and Market Landscape
Wall Street JournalJanuary 2, 2012

Steve Nadel, a hedge-fund lawyer with Seward & Kissel LLP in New York, said "registration issues will continue to dominate" the discussion in hedge funds in early 2012, but he also predicted changes that could lead to more taxation of the industry and ...more »

Corporate Finance & Taxation
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Ministry of Finance
Press Information Bureau (press release)January 1, 2012

DP shall be responsible for deduction of applicable tax at source out of the redemption proceeds before making redemption payments to QFIs. · Risk management, margins and taxation on such trades by QFIs may be on lines similar to the facility available ...more »

Mortgages & Foreclosures
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Citigroup, MF Global, Gupta, UBS, Chevron, Pfizer in Court News
BloombergJanuary 5, 2012

Corzine is the defendant in at least nine lawsuits before a federal judge in Manhattan that seek compensation for losses from the company's bankruptcy, according to court papers. US District Judge Victor Marrero has been combining the cases into one, ...more »

Creditor's Rights
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Peak Money Arrives
Economic PopulistJanuary 2, 2012

It is unclear how much damage has been done to the US housing market, but courts are finding that the banks have most likely destroyed the legal foundations that underpin property rights in America, by failing to properly register mortgage transfers ...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 America's Same-Sex Couples and Our Families Gained in 2011
10 Thousand CouplesJanuary 1, 2012

Throughout the nation, we saw a variety of anti-discrimination laws passed in 2011, significantly protecting against discrimination based on gender identity. In Massachusetts, Governor Deval Patrick signed into law HB 3810, which prohibits employers ...more »

Professional Corporations
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Fired in scandal, former assistant AG on ethics panel
Tbo.comJanuary 5, 2012

HILLSBOROUGH,TAMPA,12/9/09--FOR STORY BY SASSO SLUGGED: --Florida Default Law Group, a huge foreclosure law firm has become controversial and angered judges with its practices. The business is located at 9119 Corporate Lake Drive in the FOCUS building. ...more »

Debt Collection
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No Holiday Respite for Lawyers Working on Howrey Bankruptcy
The Am Law DailyJanuary 2, 2012

Among the latest court filings: a motion (PDF) by the Howrey estate's unsecured creditors' committee seeking bankruptcy court approval to cut ties to a pair of federal putative class actions in which firm lawyers had been representing Hispanic farmers ...more »

Public Offerings
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Wyoming program cracks down on Medicaid fraud
Billings GazetteJanuary 7, 2012

Medicaid fraud information can also be found on the Wyoming attorney general's website at http://attorneygeneral.state.wy.us. CHEYENNE, Wyo. — Two recent Medicaid fraud convictions reflect increased vigilance against infractions and greater public...more »

Debt Settlement
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Top Local Stories of 2011
Idaho Press-TribuneJanuary 1, 2012

... $25 million tort claim against the county claiming slander and libel, became the subject of an Idaho State Bar professional misconduct investigation, filed a defamation lawsuit against Nampa city council member-elect Bob Henry and a Nampa law firm, ...more »

Reorganizations & Restructuring
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Schulte Roth & Zabel LLP Announces Election of New Partners and Promotion of ...
MarketWatch (press release)January 4, 2012

James Nicoll, a special counsel in the business transactions group, focuses his practice on corporate finance transactions, counseling corporate clients on compliance with the federal securities laws and on general corporate matters, venture capital ...more »

Directors' & Officers' Liability
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Carl Rowley Named Legal Champion by Missouri Lawyers Media
Sacramento BeeJanuary 3, 2012

Rowley is Vice-Chair of Thompson Coburn's Consumer Products and Tobacco Litigation Groups. For 25 years, his practice has focused on lawsuits involving complex econometric, epidemiologic, medical, and biostatistical issues in product liability, ...more »

State & Minicipal Bonds
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State's inaction on health exchanges concerns reform advocates
Milwaukee Journal SentinelJanuary 2, 2012

... work on the online marketplaces, or exchanges, required under federal health care reform until the US Supreme Court rules on the constitutionality of the law. The exchanges could help consumers and small businesses compare competing health plans. ...more »

False Advertising
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An Ad Blocker Opens the Gate, Ever So Slightly
New York TimesJanuary 2, 2012

The name said it all — and each day 10 million people or so surf the Internet with Adblock Plus installed, presumably never missing the advertising they were meant to see. In December, however, Adblock Plus introduced a new concept, the “acceptable ad ...more »

Trade Associations
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Facial recognition technology poses privacy concerns
FederalNewsRadio.comJanuary 4, 2012

By Michael O'Connell Facial recognition is becoming a bigger part of law enforcement and homeland security. It's also growing in the commercial sector, which has all kinds of privacy and ID misuse implications. That's why the Federal Trade Commission ...more »

Federal Contracts
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Embraer wins $355m US Air Force contract
Financial TimesJanuary 2, 2012

However, the air force's decision has caused some controversy in the US, where Hawker Beechcraft, part-owned by Goldman Sachs, has filed a lawsuit at the Court of Federal Claims over its exclusion from the bidding process. Embraer's Super Tucano is ...more »

Unfair Competition
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Ashton brings needed challenge to race
Orlando SentinelJanuary 3, 2012

Competition is good for democracy. And State Attorney Lawson Lamar has been in the courtroom for decades. Actually, Lamar hasn't been in the courtroom. That's one of the knocks against him. He's a prosecutor who doesn't actually prosecute. ...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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Will the real Mitt Romney please stand up?
Capital FM KenyaJanuary 4, 2012

In reality he was raised in wealth and privilege, spent much of his business career in the unforgiving world of venture capital and had a questionable record as a job-creator in Massachusetts. A black-and-white photograph of a young Romney posing with ...more »

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