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

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Baby boomers – how the wealthy flout China's family planning
Scotland on SundayJanuary 1, 2012

... a violation of Chinese law, and how wealthy Chinese do as they please, with scant regard for the rules that constrain others. The most common reaction, though, has been simple disbelief. “Heavens. To have one family with eight kids ... in an era of ...more »

San Jose police reduce alarm response
San Jose Mercury NewsJanuary 1, 2012

They favor rules that allow for more false-alarm fines but still guarantee a police response. But San Jose police say they're following the lead of other cities including Fremont, Las Vegas and Salt Lake City that have stopped automatic alarm responses ...more »

Business Law News and Stories

Advertising
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Lawyers cautiously optimistic about hiring in Q1; Arent Fox adds health policy ...
Washington PostJanuary 1, 2012

Law firms continue to focus on hiring senior and partner-level lawyers with books of business and expertise in high-demand practice areas, said Robert Half Legal executive director Charles Volkert. He added that corporations also are hiring more legal ...more »

Foreign Investments
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Civil Unions now available in Hawaii
eTurboNewsJanuary 2, 2012

"To argue this isn't the case for same-sex couples is to deny their very membership in society and their investment in its collective beliefs and aspirations." Lambda Legal, the American Civil Liberties Union (ACLU) of Hawaii and Equality Hawaii just ...more »

Antitrust Law, Domestic
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2012: Get Ready To Compete
BernamaJanuary 1, 2012

Today there are more than 100 competition laws in the world, with the first legislation piece can be traced back to the famous Sherman Anti-Trust Act passed in 1890 by the US Congress. Many will recall the famous United States vs. ...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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Gambling bill taps out
Palm Beach PostJanuary 17, 2012

Bogdanoff also wanted to rein in the proliferation of games offered by the Florida Lottery. The Senate committee stripped out that restriction as well. The bill would regulate Internet cafes that exploit a loophole in Florida law to offer slot ...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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Private construction spending at highest level in nearly 2 years
Los Angeles TimesJanuary 3, 2012

More Americans in a year and a half signed contracts in November to buy homes, the National Assn. of Realtors said last week. Housing starts were up 9.3% that month from October, according to the Commerce Department, even as home prices continue to ...more »

Business Formation
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'Crowd-funding' bill stalls in Senate
InvestmentNewsJanuary 1, 2012

The House bill, which is supported by the Obama administration, is based on a framework developed by Startup Exemption, a grass-roots group formed to make crowd funding legal. It would allow someone with a new business idea to raise up to $5 million ...more »

Institutional Investing
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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 »

Commercial
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Audit: Whatcom council email exchanges violated state meetings law
TheNewsTribune.comJanuary 2, 2012

Whatcom County Council members violated state open meetings law in 2010 because they discussed council business via email, when it should have been done in an open meeting, state auditors said. The state Auditor's Office on Tuesday, Dec. ...more »

Change in double jeopardy law led to Gary Dobson's retrial
The GuardianJanuary 3, 2012

That legislation says the court of appeal must order a re-trial if there is new and compelling evidence and it is in the interests of justice for an order to be made. The new law was brought into force in 2005 and used successfully the following year ...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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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 »

Commercial Leasing
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What you can expect in 2012: Malaysia
AsiaOneJanuary 1, 2012

By Yuen Meikeng - The Personal Data Protection Act 2010 is expected to be enforced, making it a crime to sell a customer's personal data or use it for commercial gain for a different purpose other than what it was collected for, without the person's ...more »

International Transactions
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Florida real estate tips, traps for foreign buyers
MiamiHerald.comJanuary 9, 2012

Real estate agents must guide foreign buyers through a complex maze of visas, real estate regulations and currency rules. Prospective buyers need to be educated to avoid mistakes that will cause them to be turned away at US Customs or the bank. ...more »

Communications & Media
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2 Supreme Court justices to quit this year?
ABS CBN NewsJanuary 1, 2012

Carpio's law firm had been opposing Corona's appointment, but failed. But now with the impeachment trial, hopes have again resurfaced, especially because he has been sympathetic to Aquino, and his law firm advises Transportation and Communications...more »

Montana medical marijuana industry on wane
The MissoulianJanuary 2, 2012

"We've got entrepreneurs who were, by all accounts I'm aware of, complying with state law. They just were successful business people who were raided by, basically, federal law enforcement soldiers in body armor with gas masks and submachine guns," he ...more »

Construction & Development
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Judging the Judges: Lawyers give 'F' to three Clark County judges on report card
Las Vegas Review-JournalJanuary 1, 2012

A majority of lawyers found Judge Michelle Leavitt less than adequate on two of four core questions: appropriate rulings and proper application of the law. » Buy this photo Only 36 percent of lawyers recommended that voters retain Judge Jessie Walsh. ...more »

Locating Funds
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Stories appearing in Tuesday's edition
Quincy Herald WhigJanuary 3, 2012

HIGHWAY FUNDS-PENALTIES: Stuck in a financial pothole, Missouri's highway department has sold equipment and fired employees to scrounge up enough money to repair roads. Unless it also changes state law, it also could lose tens of millions of federal ...more »

Contracts Involving State & Minicipality
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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 »

Mortgages & Foreclosures
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New laws aim to limit power of HOAs
YNN, Your News NowJanuary 3, 2012

New laws will regulate what HOAs can do in the state. The law includes using payments for their specified purpose, getting court orders before making moves toward foreclosure and giving better notice to homeowners before sending in a bill collector or ...more »

Corporate Finance & Taxation
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This is not a tax, says Boston's mayor
Art NewspaperJanuary 1, 2012

The Museum of Fine Arts was dismayed to learn that the city of Boston is requesting a payment of $250000 this year under new rules for the amount that not-for-profit organisations have to pay in lieu of taxes. The city plans to quadruple the bill to ...more »

Non-Profit Corporations
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MassMutual Retirement Services Out in Front on Fee Disclosure
Sacramento BeeJanuary 4, 2012

It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and nonqualified deferred compensation plans. It serves approximately 1.3 million participants. ...more »

Creditor's Rights
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Washington-area bankruptcies
Washington PostJanuary 2, 2012

These firms recently filed with the US Bankruptcy Court's local court clerk's offices. Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved ...more »

Professional Corporations
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Homeowners want to change association board's meeting time
Los Angeles TimesJanuary 1, 2012

The board's failure to act in the best interests of the association and its owners could be a breach of its duty. Glassman is an attorney specializing in corporate and business law. Vanitzian is an arbitrator and a mediator in the Los Angeles city ...more »

Customs Disputes
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The court is not running the nation: 'Sachin Tendulkar' of Supreme Court
FirstpostJanuary 2, 2012

Raghul Sudheesh: Judges are often asked to provide solutions to fairly complex disputes. What was your approach towards such disputes? Any advice for current judges? Justice Arijit Pasayat: I am a devotee of Lord Ganapati. ...more »

Public Offerings
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PAO acts to protect poor clients
Business MirrorJanuary 2, 2012

THE Public Attorney's Office (PAO) on Monday asked the Supreme Court to reconsider its resolution denying the agency's request to exempt poor litigants from paying sheriff's expenses or trust fund of P1,000. In its 17-page motion, the PAO, ...more »

Debt Collection
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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 »

Reorganizations & Restructuring
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Why bankruptcy isn't a brand killer
CNNJanuary 11, 2012

NEW YORK (CNNMoney) -- Neither bankruptcy nor a liquidation can kill iconic brands. Before the ink was even dry on Hostess Brands' bankruptcy filing Wednesday morning, interested buyers were already digging into the potential value of the Hostess name ...more »

Debt Settlement
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Written by Denise Civiletti
Riverhead LOCALJanuary 1, 2012

Former Riverhead Town supervisor Robert Kozakiewicz is hired as Town Attorney, replacing Dawn Thomas, who resigned to become a law clerk for a State Supreme Court justice. The Town Board also hires William Duffy as a deputy town attorney. ...more »

State & Minicipal Bonds
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Obeying the law is hard
CanadianBusiness.com (blog)January 3, 2012

It's a fascinating window into the topic of law-breaking involving corporations. For businesses, following the law doesn't exhaust ethical responsibilities, but it's an awfully good start. Most of us probably think following the law is the absolute ...more »

Directors' & Officers' Liability
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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 »

Trade Associations
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Stopping airline offer against the law: Expert
Peninsula On-lineJanuary 2, 2012

Qatar is also a member of the World Trade Organization (WTO) and is committed to protecting businesses and investments and encouraging competition. And there is a law (Number 19 of 2006) that seeks to prevent trade monopolies, encourage competition and ...more »

False Advertising
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Ten's new head finally switches channels
Sydney Morning HeraldJanuary 1, 2012

These include: Restoring confidence within the advertising and financial markets that the network has a long-term strategy to compete with Seven and Nine and will stick to it. Ensuring the new cross-platform advertising selling team announced in ...more »

Unfair Competition
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BASE METALS - European Opening View - Metals lifted by better Chinese ...
FXstreet.comJanuary 3, 2012

(g) your website does not contain content that is distasteful, offensive or controversial, infringes any intellectual property rights or other rights of any other person or otherwise does not comply with all applicable laws and regulations. ...more »

Federal Contracts
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Czech police indict 11 MoD staff over rigged, inflated contracts
Czech PositionJanuary 3, 2012

(Bártak has been charged by anti-corruption police for attempted fraud and bribery in the Czech military's Kč 2.6 billion order for Tatra all-terrain trucks in 2006.) The other 10 people indicted in recent days were all subordinates of Hošt during the ...more »

Venture Capital
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DNC Chief: No Comparison on Job Creation Between Romney as CEO and Obama as ...
Fox NewsJanuary 8, 2012

Mitt Romney is responsible for job losses at companies where he invested as chairman of a venture capital company, but President Obama is not responsible for the failure of green energy company Solyndra, the Democratic Party chief said Sunday when ...more »

Federal Grants
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R.I.P. Bill of Rights 1789 - 2011
OpEdNewsJanuary 1, 2012

Its purpose was to provide additional clarifications on the limitation of government power so that there could be absolutely no question that government could NEVER, under any circumstances, violate these key principles of freedom: Freedom of speech, ...more »

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