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

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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 »

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 »

Business Law News and Stories

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FOX Carolina 21Jan. 1 brings new laws, rules in SC
WHNS GreenvilleJanuary 3, 2012

One part of the law that will be enforced is a requirement that businesses check the status of new hires. The Department of Motor Vehicles says people must now have some form of identification to title and register a vehicle. The law affects both ...more »

Foreign Investments
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Dealing directly with farmers is still barred
Business StandardJanuary 1, 2012

States reluctant to adopt model APMC law, as existing structure of controls gives them a lot of revenue, but growers and consumers lose heavily. The Union government has assured industry of building a broad consensus on allowing foreign direct ...more »

Antitrust Law, Domestic
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Proposed Changes to Child Sex Crimes Laws After Penn State Scandal
EIN News (press release)January 1, 2012

Business strategies for the digital age. Free website from the Economist Intelligence Unit. Accounting, Tax & Payroll Services. Enjoy your business, leave the paperwork to us. We are certified accountants. Founded in 1995, EIN News is an international ...more »

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Stars Show Business Savvy with Successful Food, Coffee Franchises
The Chosun IlboJanuary 2, 2012

And as fans are increasingly modeling their daily habits -- not to mention their wardrobes -- on their favorite celebrities in a bid to get closer to them, new forms of franchise businesses using movie or sports stars are popping up. ...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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Future in mind, European Union plans for less unanimity
Economic TimesJanuary 2, 2012

Crucially, a clause in the proposed law would affect banks in the smaller band of nations even if they operated in Britain, so a German bank, for example, would pay the tax on some transactions in Germany under the current draft, even if it operated in ...more »

Government Construction Contracts
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Government to continue to diversify sources of funding- Okudzeto Ablakwa
BusinessGhanaJanuary 5, 2012

All the components for the 100 bridges have been supplied. Contracts for the first 42 steel bridges under Phase 1 have been awarded. There is also a Spanish bridge programme, which involves the construction of 52 bridges throughout the country. ...more »

Business Formation
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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 »

Institutional Investing
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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 »

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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 »

How The Chamber's Special Interest Politics Will Grow Government, Raise Taxes ...
InjuryBoard.comJanuary 9, 2012

Under the Missouri plan, special interests must stand on an even playing with ordinary people like you and me. When justice can be influenced (or worse, bought), Liberty is extinguished. Fairness. Justice. Liberty. Rule of Law. ...more »

Commercial Bankruptcy
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For Portland's dope king, love and mistrust
CBS NewsJanuary 1, 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 »

Internal Investigative Services
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Fired Goodyear police spokesman alleges retaliation
Tucson CitizenJanuary 18, 2012

18, 2012, under Arizona Republic News John Rowan, who recently was fired as the Goodyear Police Department's spokesman, refused to answer questions during an internal investigation because he believed city officials were trying to intimidate him. ...more »

Commercial Leasing
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Legal View
Khaleej TimesJanuary 1, 2012

My limited contract got extended automatically for one year. Is it necessary to complete five years in this case to move to another company? Would I be liable to a labour ban as per the new labour law. What is the notice period I should serve before ...more »

International Transactions
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The FATCA Chronicles: Tales From China, Canada, and Estonia
The AtlanticJanuary 3, 2012

Canadian banks are beside themselves with worry and exasperation because they do so much business in the US that they can't afford to offend the IRS but complying will break our privacy laws... There is another problem connected to this, namely who is, ...more »

Communications & Media
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New motor vehicle laws for 2012
Chillicothe Times-Bulletin (blog)January 2, 2012

A mobile telephone is considered a mobile communication device that falls under or uses any commercial mobile radio service as defined by the Federal Communications Commission. The definition does not include two-way or Citizens Band (CB) radio ...more »

Global Poverty Act is Back…Is Bill Gates the World's Richest Useful Idiot?
Right Side NewsJanuary 4, 2012

... taxes on aircraft flights in the skies, and on shipping fuels, and licensing of what the UN called the “global commons,” meaning use of air, water and natural resources. The Law of the Sea Treaty fits this category. Principle Four would restructure ...more »

Construction & Development
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Iran Announces Missile Test After Nuclear Development
Voice of America (blog)January 2, 2012

US President Barack Obama signed the sanctions into law Saturday as part of a push to hamper Tehran's ability to finance its nuclear enrichment program. Iran has threatened to respond to possible wider sanctions on its oil exports by closing the Strait ...more »

Locating Funds
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How Cambridge senators voted on now-languishing bills in 2011
Wicked LocalJanuary 1, 2012

PUT STATE RETIREMENT FUNDS IN LOCAL BANKS (H2036) - Provides that not less than $250 million of the state-administered Pension Reserves Investment Trust (PRIT) funds be invested in local banks that are incorporated in or have their headquarters located ...more »

Contracts Involving State & Minicipality
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Community Commentary: Council majority wants to pull wool over our eyes
Daily PilotJanuary 1, 2012

In the months since, they have spent hundreds of thousands of dollars on no-bid contracts for consultants and spokespeople to sell their made-up story to the public. They gave an unlimited contract to one of the most expensive law firms in the nation ...more »

Mergers, Acquisitions & Divestitures
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2011 a bumper year for Pharma, Biotech and Generics M&A
The Pharma LetterJanuary 11, 2012

Although there were few multi-billion dollar deals, 2011 turned into a bumper year for the number of merger and acquisition deals for pharmaceutical, biotechnology and generic drugmakers with a total of 129 M&A announcements recorded by The Pharma ...more »

Corporate Finance & Taxation
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Developer of Maryland housing office in Prince George's has financial troubles
Washington PostJanuary 1, 2012

The charter of the Carl Williams Group, a development company founded in 2005 in Prince George's, was revoked by the State Department of Assessments and Taxation two years ago for failing to file a 2008 property tax return with the state. ...more »

Mortgages & Foreclosures
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Paws Up, construction firm settle lien, canceling foreclosure sale
The MissoulianJanuary 4, 2012

That would leave Montana's construction lien laws unenforceable if allowed to stand. Over the years of court maneuverings, interest and attorney's fees boosted the judgment to $2127993.89 as of November, according to the Missoula County Sheriff's ...more »

Creditor's Rights
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A show of support for American Airlines' base in Tulsa from business and ...
KRMGJanuary 3, 2012

... American's base in Tulsa and wants to keep the base as AMR goes through bankruptcy reorganization. “We think it is important to send that signal as a first step in the process because those decisions will be made through the restructuring process. ...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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King & Spalding Continues International Arbitration Expansion With Addition of ...
MarketWatch (press release)January 2, 2012

About King & Spalding Celebrating more than 125 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 800 lawyers in 17 offices in the United States, ...more »

Professional Corporations
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Huffman, Leno Wrap Busy 2011
Patch.comJanuary 3, 2012

AB 359 - Groundwater Management Plans: Promotes the management and protection of the state's groundwater supplies by requiring, as a condition of receiving specified state grants or loans, local water agencies to map the recharge areas that ...more »

Debt Collection
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Fatca - The Menace You'll Hear About in 2012
The AtlanticJanuary 1, 2012

To keep better track of the flow of assets owned by US citizens, Fatca requires bankers in other countries to send the IRS information about transactions by any of their customers who are Americans. Similarly, US banks would have to report to the IRS...more »

Public Offerings
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Attorney General Schneiderman lists accomplishments for North Country
North Country NowJanuary 3, 2012

The Initiative will target faith-based discrimination and violations of religious rights through public education, outreach and law enforcement, including litigation. - Released a fundraising report documenting how for-profit “telemarketers” pocket the ...more »

Debt Settlement
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Zim still has no debt deal with the banks
GlobesJanuary 1, 2012

The company said that Zim has no financial covenants on either its short-term or long-term debts. Zim is in the throes of a severe financial crisis, just two years after reaching a debt settlement. The company lost $245 million in January-September ...more »

Reorganizations & Restructuring
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Kodak Preparing for Chapter 11 Filing
Wall Street JournalJanuary 4, 2012

By MIKE SPECTOR And DANA MATTIOLI Eastman Kodak Co. is preparing for a Chapter 11 bankruptcy-protection filing in the coming weeks should efforts to sell a trove of digital patents fall through, people familiar with the matter said. ...more »

Directors' & Officers' Liability
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Chola MS eyes 40% premium growth
mydigitalfc.comJanuary 2, 2012

In financial year 2010-11, the company derived 60 per cent of its business from motor insurance, 20 per cent from health insurance and the rest from other lines of business like marine, personal accident, travel, liability and engineering insurance. ...more »

State & Minicipal Bonds
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California Businesses Embrace New Benefit Corporation Law
Apparel NewsJanuary 6, 2012

“The legal status affords a company's directors legal cover to consider environmental and social benefits over financial returns.” Berwyn, Penn.–based nonprofit B Lab had been pushing for adoption of the bill in partnership with many businesses and ...more »

False Advertising
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Internet Marketing TV Online Hulu vs Netflix
ADI NewsJanuary 1, 2012

Hulu at one time used an advertising supported free model of distribution, but created Hulu Plus which is their pay model. An unfortunate and rather gutsy move on Hulu's part is that they not only charge a fee (even if it is very affordable), ...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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Culprits tried hard to detract ZTE probe
Philippine StarJanuary 1, 2012

Another flimsy defense: there was no proof of fraud since the ZTE contract had gone missing. Allegedly only hours after the signing all copies were stolen from the Boao hotel room of the Philippine commercial attaché to Guangzhou, Emmanuel Ang. ...more »

Unfair Competition
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The Velvet Underground files suit over famed 'banana' logo
New York PostJanuary 11, 2012

The Manhattan federal court filing -- which seeks unspecified damages for trademark infringement and unfair competition -- notes that the foundation owns more than $120 million worth of Warhol's art, and makes more than $2.5 million a year licensing ...more »

Federal Grants
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Debate still simmers over McClintock Avenue work
Belleville News DemocratJanuary 2, 2012

Gregowicz said that while the city can apply for other federal grants, the fact that they'd be handing the $1.25 million back if they turn down the current project "doesn't look good." "I'd just hate to see us throw our hands up and give back $1.25 ...more »

Venture Capital
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VoodooVox acquired by Call Genie
Portada MagazineJanuary 3, 2012

Call Genie has raised a ton of venture capital from investors like Apax Partners, Softbank Capital, Steamboat Ventures (Disney), Berkshire Capital Investors and Village Ventures. VoodooVox provides demographic information on phone calls and mobile ad ...more »


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