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

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Ian Blair: Assisted dying needs a change of heart
The IndependentJanuary 1, 2012

What is their position in relation to the law in this regard?" Healthcare professionals are caught between the nebulous state of the law and a presumed duty of confidentiality to the patient. This snapshot of evidence received by the commission on the ...more »

How to reap tax savings for selling your products abroad
Smart Business NetworkJanuary 1, 2012

You can also use an IC-DISC to provide an equity type of incentive to employees, which can serve as a motivation tool to improve productivity and increase export sales. Does a company have to be making a certain level of sales for the IC-DISC to make ...more »

Business Law News and Stories

Advertising
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New traffic laws in effect
Ukiah Daily JournalJanuary 1, 2012

(AB 628, Conway) The city of Santa Monica can now operate 25 city-owned buses with illuminated signs displaying advertising messages. This pilot program is authorized through Jan. 1, 2017. (AB 607, Brownley) Local governments can now regulate ...more »

Foreign Investments
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Movers & Shakers for Jan. 1, 2012
Daily News TranscriptJanuary 1, 2012

At Babson, Goldstein holds the Donald P. Babson Chair in Applied Investments and is faculty director of the Stephen Cutler Center of Investment and Finance. He is also an honorary professor at The Queen's University in Belfast (UK) and was a visiting ...more »

Antitrust Law, Domestic
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For Portland's dope king, love and mistrust
The Register-GuardJanuary 2, 2012

Sandee Burbank, executive director of the pro-medical marijuana group Mothers Against Misuse and Abuse and one of the original supporters of the medical marijuana law, says Stanford's business defies the medicinal intent of the law and is concerned ...more »

Franchising
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2010 Mercedes-Benz C-Class $30900
Arkansas Online (subscription)January 1, 2012

This honor is reserved for only a select few Lexus franchise dealers nationwide. In order to qualify a dealer must maintain the highest levels of customer satisfaction in both sales and service. Parker Lexus is Arkansas' largest luxury franchise. ...more »

Gaming Law
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Korea's young gamers play all night, despite new law
GeekJanuary 2, 2012

One month in, a new Korean law banning young gamers from online games during late-night hours is “nothing but nominal,” concluded a panel convened by Korean game news site ThisIsGame. One young Korean pointed out that the law has many workarounds and ...more »

Banking Law
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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 »

Government Construction Contracts
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Electrolux and “Memphis area” jobs
Memphis Daily News (blog)January 3, 2012

“We haven't seen any of the bids so we don't know what the precise reasons were,” Wharton said this weekend of the Yates contract decision. He also said the discussions about a piece of the $80 million construction budget for women and minority owned ...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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Health-Law Opponents Try to Add Plaintiffs
Wall Street JournalJanuary 4, 2012

By JESS BRAVIN and EMILY MALTBY A small-business group fighting President Barack Obama's health-care law asked the Supreme Court on Wednesday to add two plaintiffs to its lawsuit after possible problems arose with an initial plaintiff. ...more »

Commercial
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Taking Stock: Appointments, Promotions, Achievements
Wausau Daily HeraldJanuary 1, 2012

Her practice focuses on claims involving motor vehicle accidents and medical malpractice. Habush Habush & Rottier has served Wisconsin as a personal injury law firm for more than 75 years. The firm handles cases from simple auto accidents to complex ...more »

Washington governor supports gay marriage law
Chicago TribuneJanuary 5, 2012

It gives them the right to enter into a marriage contract in which their legal interests, and those of their children if any, are protected by well-established civil law," she added. Her announcement was welcomed by gay marriage supporters. ...more »

Commercial Bankruptcy
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The Marijuana.com Sale For $4.2 Million Only Had A $125K Down Payment & Other ...
TheDomains.comJanuary 1, 2012

It is the intention of the Payor and of the Holder to conform strictly to applicable usury and similar laws. Accordingly, notwithstanding anything to the contrary in this Note, it is agreed that the aggregate of all charges which constitute interest...more »

Internal Investigative Services
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US Inquiry of MF Global Gains Speed
New York TimesJanuary 10, 2012

... the legal provision, which shields records from examination by law enforcement. The trustee's office said they have not received any complaints from investigators, and would be “inclined to waive privilege” if it were hampering the investigation. ...more »

Commercial Leasing
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Safe sex in the porn industry
Los Angeles TimesJanuary 2, 2012

But Cal/OSHA's lawyer has said the Los Angeles law would not impinge on his agency's jurisdiction, which is limited to employer-employee relationships. Film performers are generally contract workers, not employees. Performers in adult films should be ...more »

International Transactions
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Recent Massachusetts Opinion Regarding Transaction Fees and Recurring ...
ACA InternationalJanuary 5, 2012

Laws Ann. Ch. 140D § 28A, and would not violate any of the debt collection provisions under Mass. Regs. Code tit. 209 § 18.00 et seq. Issue 2: The Division next addressed the permissibility of negotiating a series of automatic electronic payments with ...more »

Communications & Media
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Exxon Gets 'Disappointing' $750 Million After Venezuela Seizure
BloombergJanuary 1, 2012

Other Arbitration Cases Chavez, who has nationalized assets in the energy, metals, cement and telecommunications industries, faces about 20 arbitration cases at the ICSID, according to the Washington- based center's website. ...more »

Stupid laws
Ventura County StarJanuary 4, 2012

One of the famous new laws is that if you don't have a driver's license, the authorities cannot impound your car. If you do comply with the licensing law, watch out! You could lose your vehicle! Pharmacists can furnish hypodermic needles and syringes ...more »

Construction & Development
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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 »

Locating Funds
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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 »

Contracts Involving State & Minicipality
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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 »

Mergers, Acquisitions & Divestitures
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The Clorox Company Acquires Aplicare and HealthLink, Expanding Its Ability to ...
MarketWatch (press release)January 5, 2012

About Clorox Away From Home Clorox Professional Products Company (Away From Home business) markets some of the most trusted and recognized brand names for health care settings, including Clorox Commercial Solutions(R) Ultra Clorox(R) Germicidal Bleach, ...more »

Corporate Finance & Taxation
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Tax-to-GDP ratio unlikely to touch double-digit
The News InternationalJanuary 1, 2012

Pakistan is ranked to have one of the lowest tax-to-GDP ratio in the world. The tax-to-GDP ratio was at 9.4 percent in FY11, marginally increased from 9.1 percent a year ago, according to the Ministry of Finance data. The Federal Board of Revenue (FBR) ...more »

Mortgages & Foreclosures
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Bill Would Change Georgia's Mortgage Law
Patch.comJanuary 26, 2012

Paulding County Real Estate Attorney Elizabeth Williams says, “Under the non-judicial foreclosure process, lenders are allowing borrowers to get several months behind in the hopes that the borrower will be able to get back on track with their payments.more »

Creditor's Rights
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Kodak reported to be preparing for bankruptcy protection
Digital Photography Review (dpreview.com)January 4, 2012

Financial paper the Wall Street Journal is reporting that former photography giant Kodak is preparing for 'Chapter 11' bankruptcy protection. The company's shares fell below $1 per share yesterday, with the New York Stock Exchange announcing that the ...more »

Non-Profit Corporations
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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 »

Customs Disputes
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Why we get wasted on New Year's
SalonJanuary 1, 2012

Echoing Saturnalia's public ridicule of society's laws and customs, rowdy bands of peasants invaded the manor, demanding food and drink. In exchange, the lord received his subjects' blessings and goodwill for the coming year. ...more »

Professional Corporations
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Obama Stokes War vs. Iran & American Ideals
NJ TODAYJanuary 2, 2012

Civil liberties groups, including the American Civil Liberties Union, also strongly oppose the law. Among the Occupy Wall Street movement — which has been suppressed by police and maligned in corporate-owned media, where the vast majority of Americans ...more »

Debt Collection
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Maverick Debt Collector's Pledge: "No More Lawsuits"
MarketWatch (press release)January 3, 2012

Bartmann believes standard debt collection is an abuse of the judicial process, which is wrong -- and must stop. He also promises that there is a coming tsunami that will change the way debt collectors do business. Bartmann and other conscientious debt ...more »

Public Offerings
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Garnett: Boulder County commissioners should wait before seeking other county jobs
Longmont Daily Times-CallJanuary 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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Dallas Attorney, Steven Phelps, J. D., C. P. A. Helps Consumer Bankruptcy Clients
OfficialWire (press release)January 2, 2012

The right to file for bankruptcy is guaranteed by Federal law. Over a million people filed for bankruptcy protection in 2010. The bankruptcy laws allow debtors extra time to get back on their feet. According to Mr. Phelps, during a recent interview, ...more »

Reorganizations & Restructuring
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48 Philly Catholic schools to close, reorganize
The Associated PressJanuary 6, 2012

"The restructuring proposed in the commission's report is a critical first step in renewing the health of our Catholic education ministry." The closings come on top of 30 other schools shut over the past five years as higher tuition, ...more »

Directors' & Officers' Liability
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Breast implants litigation begins in France
Business InsuranceJanuary 1, 2012

Kevin Timms, a trainee solicitor at Garden House Solicitors, a plaintiff law firm in Hertford, England, said his firm has filed a group action representing 27 claimants against 13 clinics. The firm is not pursuing PIP because implant manufacturer does ...more »

State & Minicipal Bonds
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New law gives firms do-gooder status
Sacramento BeeJanuary 3, 2012

Current law generally requires California companies to put shareholder interests first. Companies that incorporate under the new law, AB 361, can look at a broader set of criteria when making financial decisions. The effect is a kind of "safe harbor" ...more »

False Advertising
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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 »

Trade Associations
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Barack Obama Signs New Sanctions against Iran into Law
Journal of Turkish WeeklyJanuary 2, 2012

US President Barack Obama has signed into law new sanctions against Iran intended to impede the development of its nuclear programme, BBC news reported. The measures, which penalise foreign companies that trade with Iran, were overwhelmingly approved ...more »

Federal Contracts
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Obama Signs Defense Spending Law, With Interpretations
BusinessWeekJanuary 2, 2012

The defense authorization law calls for spending $27 billion less than Obama sought, and $43 billion less than fiscal 2011. It also tightens sanctions on Iran by denying access to the US financial system to any foreign bank that conducts business with ...more »

Unfair Competition
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Jeff Bagwell: Why PED Speculation Causes Illogical Hall of Fame Exclusion
Bleacher ReportJanuary 11, 2012

My own personal belief is that performance-enhancing drug use is not within the spirit of competition. These substances create an unfair advantage on the playing field, and I do not believe that confirmed users should be permitted to be inducted into ...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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AIC: Venture Capital Trusts
Citywire.co.ukJanuary 5, 2012

Venture Capital Trusts (VCTs) are investment companies which typically invest in unquoted shares including new shares of privately owned companies, and new shares of companies that are traded on the Alternative Investment Market (AIM) and PLUS Market. ...more »

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