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

Top Picks in News

Parliament's moral duty on assisted dying
The GuardianJanuary 1, 2012

... been a lull in the media recently about the rights and wrongs of assisted dying, but the conflict is sure to break out again with the imminent publication of the report from Lord Falconer's commission, established to consider changes to the law. ...more »

CELEBRITY BIG BROTHER 2011: CELEBS FACE A HOUSE OF PAIN
Daily StarJanuary 1, 2012

Show bosses are planning extra surprise evictions – meaning the celebs will constantly be on their guard. A Big Brother source last night revealed: “Producers have ordered more live evictions. They will be dropping like flies after just days in the ...more »

Business Law News and Stories

Advertising
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License plates, fireworks on tap for Mich. in 2012
WFTV OrlandoJanuary 1, 2012

The Boy Scouts could use the money for programs, but the vehicle license plates also will act as a statewide advertising tool, supporters say. "If you have thousands of those mini-billboards around, that will raise the awareness of scouting," said ...more »

Foreign Investments
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Year-end tune: Hush, hush, we all fall down
Business StandardJanuary 1, 2012

Be that as it may, what the law seeks to provide for is the right of such stakeholders to file an additional action against the management of the company. The genesis of this lies in the Foss vs. Harbottle ruling, but as an exception to the rule that ...more »

Antitrust Law, Domestic
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Law Firm Brower Piven Announces Investigation of Cogdell Spencer, Inc.
MarketWatch (press release)January 3, 2012

STEVENSON, Md., Jan 03, 2012 (BUSINESS WIRE) -- The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Cogdell Spencer, Inc. ("Cogdell Spencer") ...more »

Franchising
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Elite's new rates and fees kick in today
Jordan IndependentJanuary 1, 2012

by Mathias Baden Elite Waste Disposal of Jordan renegotiated and extended its five-year exclusive franchise agreement with its hometown. Residents complained about several of the fees charged, despite the lower rates achieved when a garbage hauler gets ...more »

Gaming Law
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BA casino violates tribal law, official says
Tulsa WorldJanuary 1, 2012

They were in court because the owners of the allotted land, heirs Marcella Giles and Wynema Epps, wanted a lease approved so they could lease the land to the Kialegees. District Judge Jesse Harris "withheld approval" of the lease in August, ...more »

Banking Law
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Responsible New York Banking
The People's VoiceJanuary 1, 2012

With giant banks bigger than ever during hard times and historically low interest rates, small banks are hard-pressed to compete. Yet growing anger over banking fraud, predatory lending, high fees, and lack of public service encourages depositors to ...more »

Government Construction Contracts
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J&G Attorney Disputes Assertions That Protest Over GHURA Award is Subject to ...
Pacific News CenterJanuary 1, 2012

HUD further explains, "Each year, the IRS allocates housing tax credits to designated state agencies - typically state housing finance agencies - which in turn award the credits to developers of qualified projects. ... The state allocating agency must ...more »

Business Formation
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1-800's Gary heads to battle
Tbo.comJanuary 1, 2012

... Officer Jeff Atwater are taking aim at Kompothecras' 1-800-Ask-Gary hotline and similar lawyer and medical referral services. Whether he's able to fend off these attacks on his business model makes Kompothecras a businessman to watch in 2012. ...more »

Institutional Investing
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Gilman Law LLP Encourages Investors of The Cooper Companies, Inc. To Inquire ...
PR Web (press release)January 4, 2012

Gilman Law LLP is one of the country's premier national law firms that represent institutional and individual investors in class action, complex securities and corporate governance litigation. The firm has been a champion of investor rights for over 30 ...more »

Commercial
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Toledo's top stories of 2011
Toledo BladeJanuary 1, 2012

His conviction and sentence concluded the oldest cold case solved in Toledo history, and authorities said it was among the oldest cases solved with DNA evidence in the state of Ohio. After reviewing the case files and re-examining the evidence, ...more »

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 »

Commercial Bankruptcy
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Florida's lien laws could hamper expansion
The News-PressJanuary 1, 2012

... feel confident buying property and building here?” he said. Hutchison said he feels he wasn't properly notified of the initial lien process and hasn't been provided expense documents as required by the law and hopes to head off the foreclosure process.more »

Internal Investigative Services
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Dallas police officer fired following investigations, alleged beating
33 KDAF-TVJanuary 4, 2012

He was placed on administrative leave pending the outcome of the criminal and administrative investigations. While on administrative leave, Davis was involved in another disturbance with his girlfriend. He went missing after police issued a warrant for ...more »

Commercial Leasing
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From darkness to life
South Bend TribuneJanuary 1, 2012

Still, economic conditions and consumer confidence will play the greatest role in how quickly dark spaces lease, Mehall says. The biggest question is whether the shake-out is really over. "There are some new names being kicked around for the market, ...more »

International Transactions
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Best Buy Reports December Revenue of $8.4 Billion
MarketWatch (press release)January 6, 2012

The International segment's fiscal December revenue totaled $1.9 billion, a decrease of 1.7 percent versus the prior-year period. The revenue decline was driven primarily by a comparable store sales decline of 4.3 percent and unfavorable fluctuations ...more »

Communications & Media
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2011 International LGBT Roundup: Asylum and Refugees
Care2.com (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 »

Canceled Law & Order TV Show Lives on in Legacies Game
GamerLive.TVJanuary 1, 2012

In conjunction with Universal Partnerships & Licensing, the new game Law & Order: Legacies is available for iPad, iPhone and iPod touch on Apple's App Store. Based on NBC Universal's Emmy-winning “Law & Order” TV series, Law & Order: Legacies brings ...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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Whistleblowers Earn Record $532 Million In 2011, Study Funds
Huffington PostJanuary 7, 2012

The Justice Department has used the Civil War-era law, designed to root out unscrupulous contractors, to aggressively go after healthcare providers and pharmaceutical companies for overcharging Medicare and Medicaid. The law provides for whistleblowers ...more »

Contracts Involving State & Minicipality
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Mitch Kuffa: Roof customer seeks satisfaction
Port Huron Times HeraldJanuary 1, 2012

If the rules are broken, you can report the contractor to the state's Department of Licensing & Regulation - Builders Division. You also can report him or her to the municipality building department and Better Business Bureau. If you have a case, ...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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New Questions About Trips Sponsored by a Scholastic Publisher
New York TimesJanuary 2, 2012

For several weeks, New York State's attorney general has been investigating similar trips involving two dozen education officials from around the country who traveled to Singapore; London; Helsinki, Finland; China and Rio de Janeiro as guests of the ...more »

Mortgages & Foreclosures
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Occupy the Neighborhood
Dissident VoiceJanuary 16, 2012

by Ellen Hodgson Brown / January 16th, 2012 An electronic database called MERS has created defects in the chain of title to over half the homes in America. Counties have been cheated out of millions of dollars in recording fees, and their title records ...more »

Creditor's Rights
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For Portland's dope king, love and mistrust
Seattle Post IntelligencerJanuary 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 »

Non-Profit Corporations
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Detroit company faces $150M lawsuit
WDIV DetroitJanuary 7, 2012

The complaint alleges that although Universal was required under Michigan law to be organized as a non-profit corporation to ensure the health and safety of patients, it surreptitiously continued to operate as a for-profit corporation by transferring ...more »

Customs Disputes
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Leading Project, Islamic Finance Lawyer Christopher Aylward Joins Middle East ...
Stock Markets ReviewJanuary 3, 2012

These lawyers have a wealth of experience in counseling on conventional lending and project finance, construction and nuclear energy issues as well as Islamic financing. "Our clients based in the region, or doing business here, expect Baker Botts to ...more »

Professional Corporations
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PERSPECTIVES: Judge's ruling may unsettle corporate policyholders
Business InsuranceJanuary 1, 2012

In refusing to accept a so-called consent decree, which essentially is a court-approved settlement between a company and government regulators, the judge called into question a legal maneuver that has facilitated numerous settlement agreements. ...more »

Debt Collection
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A year of promise: Stories to watch in 2012
Denver PostJanuary 1, 2012

Preservation Office to ensure the project complies with historic preservation standards and is eligible for the $7.5 million in historic tax credits it needs to help finance the project. Union Station Alliance, led by well-known preservationist Dana ...more »

Public Offerings
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Criminal defense attorney Tony Savage dead at 81
The Seattle TimesJanuary 4, 2012

Well-known and much-respected criminal defense attorney Tony Savage died Tuesday at 81. Among his clients were Gary L. Ridgway, the Green River killer, and David Lewis Rice, murderer of four members of the Goldmark family in 1985. ...more »

Debt Settlement
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Washo departs with few regrets
Wilkes Barre Times-LeaderJanuary 1, 2012

I was appalled that we were making contracts with people to do managerial functions at the nursing home that already bankrupted facilities elsewhere…I was appalled when the county commissioners sold Montage Mountain without any requests for proposals ...more »

Reorganizations & Restructuring
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Innovate America in the Space Between
Huffington Post (blog)January 9, 2012

The Republican model, potentially led by Mitt Romney will be an effort to re-organize US government in the spirit of many corporate restructuring initiatives that have been advocated and implemented by leading consulting firms over the past two decades ...more »

Directors' & Officers' Liability
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Tinkering with bad faith puts citizens' rights at risk
Tbo.comJanuary 2, 2012

Kathleen Passidomo, a Naples Republican, would require someone claiming bad faith to notify the insurance company within 60 days of the alleged violation. The company could then address the violation and have a chance to negate the need for litigation. ...more »

State & Minicipal Bonds
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Wyoming concealed-carry law makes few ripples
Casper Star-Tribune OnlineJanuary 1, 2012

He said insurance companies have raised a liability issue that is persuading some businesses against posting the no firearms allowed signs. According to the Professional Insurance Agents of Wisconsin, a business owner is not liable under state law if ...more »

False Advertising
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As Iowa caucuses near, TV stations see ad buys boom after long lull
Washington PostJanuary 1, 2012

But their dollar amounts are about half of the bonanza in 2007, when both parties were sorting out their presidential derby, fueling an advertising frenzy. Revenue from PACs, freed from restrictions by a Supreme Court ruling, is new this year, too. ...more »

Trade Associations
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Goldman Advisor Defends Sukuk Bond Program, Saying It Complies With Islamic Law
Huffington PostJanuary 2, 2012

Some analysts however have suggested Goldman might use the proceeds of the issue to lend money to clients for interest, which would be against Islamic law, and that the issue might not trade at par value on the Irish exchange, which would also ...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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Zero Hour for the State Bar
Law.comJanuary 8, 2012

Cut the California State Bar's backlog of attorney discipline investigations. To zero. And do it in four months. Legislators in Sacramento were hounding the Bar about the backlog. State Bar Executive Director Joseph Dunn recruited Kim from the US ...more »

Federal Grants
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Texas Consumer Health Assistance Program to close after losing federal funding
Washington PostJanuary 1, 2012

With funds from the federal health reform law, the Texas Consumer Health Assistance Program 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 the ...more »

Venture Capital
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Compuware Ventures invests in website aggregating news about Detroit
Crain's Detroit BusinessJanuary 5, 2012

By Bill Shea The venture capital subsidiary of Detroit-based Compuware Corp. is investing an undisclosed sum in an online news aggregation startup called Deadline Detroit LLC. The website, which also will provide original local reporting and be ...more »

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