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

Top Picks in News

Normal trade with India ''tied'' to level-playing field
Business Recorder (blog)March 1, 2012

The Commerce Ministry has been allowed in principle to make appropriate changes in the defence trade laws in consultation with the stakeholders to allay apprehensions of the industrial sector for using these laws more effectively against any unfair ...more »

Cuts in legal aid would harm those already financially strapped
The Seattle TimesMarch 1, 2012

Volunteer lawyers mediate family law cases, provide courthouse-based help for unrepresented litigants, ensure the best interests of disabled wards are met in guardianship matters, and provide free legal support for court-appointed special advocates who ...more »

Business Law News and Stories

Advertising
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Google-savvy FTC lawyer joins Microsoft as lobbyist
PC ProMarch 2, 2012

As the lead staff attorney in an investigation into Google's acquisition of mobile advertising firm AdMob, Long recommended that the commission challenged the deal, people familiar with the matter said at the time. According to the WSJ report, ...more »

Federal Grants
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Court grants Attorney General's request to amend writ in suit against Woyome
Ghana Business NewsMarch 1, 2012

It said the court granted the reliefs sought by the AG because the defence did not oppose the AG's amended writ that the consent judgment awarded to Mr Woyome was procured by fraud. Mrs Justice Ackah-Ayensu said the court chose to stay away from ...more »

Antitrust Law, Domestic
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Top Five: Law Firms
Bizjournals.comMarch 2, 2012

This week the Business Journal published a list of the top 51 Law Firms. The list was ranked by the total number of full-time attorneys based in Silicon Valley. In order for a law firm to be considered for the list, the total number of full-time ...more »

Foreign Investments
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Biosimilars: Big Pharma's Next Big Thing?
Motley FoolMarch 1, 2012

In line with the healthcare reform law, the FDA recently released a list of guidelines for the creation of biologically similar versions of these drugs. Biosimilars, as they are called, will most certainly be a blessing for patients being treated with ...more »

Franchising
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Stroud's Attorney Confirms Tuberville Had Nothing to do with Plaintiffs ...
Double-T NationMarch 1, 2012

Harris Kay, a Chicago-based attorney representing Stroud, said in the statement, "(Stroud) did not solicit the plaintiffs to invest with TS Capital and did not engage in the conduct of which he is accused." "Indeed, some of the plaintiffs were ...more »

Banking Law
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Iran Suffers 'Crippling Effect' of Trade, Banking Sanctions
San Francisco ChronicleMarch 1, 2012

An array of restrictions on banking, shipping, insurance, ports, trade, commodities and energy transactions and ventures have severed or complicated many of Iran's commercial ties to the outside world. US officials such as Secretary of State Hillary ...more »

Gaming Law
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State Treasurer Grossman picks Enrique Zuniga to sit on the state Gaming ...
Boston.comMarch 12, 2012

By Mark Arsenault, Globe Staff Treasurer Steven Grossman today picked Enrique Zuniga, who is currently the executive director of the Massachusetts Water Pollution Abatement Trust, to be his representative on the state Gaming Commission.more »

Business Formation
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Simmons Law Firm Pledges $25000 to Help Union Workers Through Labor Council's ...
MarketWatch (press release)March 1, 2012

ALTON, Ill., Mar 01, 2012 (BUSINESS WIRE) -- The Simmons Firm, one of the St. Louis region's largest personal injury law firms, has announced a new fundraising effort to match donations up to $25000 to the Greater St. Louis Labor Council's "$5 for the ...more »

Government Construction Contracts
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Jacobs Upholds Winning Legacy
Zacks.comMarch 1, 2012

Contract wins and project awards have always reinforced positional advantages for the engineering and construction professionals like Jacobs Engineering Group Inc. (JEC), in a global infrastructure platform. Continuous inflow of contracts as well as ...more »

Business Law
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Omaha, Nebraska Bankruptcy and Business Law Attorneys of Kathryn J. Derr, PC ...
Virtual-Strategy MagazineMarch 16, 2012

The site offers helpful information to remove some of the fear and uncertainty from the legal process, including basic information on bankruptcy, business litigation, civil litigation and tax collection laws. "Our new site is designed to help current ...more »

Institutional Investing
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Tel Aviv Institutional Investment Conference - the Largest Annual ...
MarketWatch (press release)March 1, 2012

Law Offices; Mr. Udi Rosenberg, CEO, GSE Analytical Research and Corporate Governance; Mr. Yair Lapidot, Co-CEO and CIO, YalinLapidot Investment House; Ms. Sophie Shulman, Deputy Editor, Calcalist; Ms. Sharon Shpurer, Haaretz The Marker Business Daily; ...more »

Commercial
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ALM's CLECenter.com Partners with ExecSense to Deliver Exclusive New ...
EON: Enhanced Online News (press release)March 1, 2012

“Our extensive library of webinars on hot business and technology topics for lawyers, along with traditional practice-area specific webinars, will make for a great new resource at CLECenter.com.” CLECenter.com, a division of ALM Media Properties, ...more »

Hina Rabbani says Pak-Iran gas pipeline project to move forward; says Dr ...
South Asian News AgencyMarch 1, 2012

ISLAMABAD, (SANA): Foreign Minister Hina Rabbani Khar has said that Pakistan's sovereignty should be respected and no decision would be made against national interests of the country, adding that Pak-Iran gas pipeline project to move forward as it is ...more »

Commercial Bankruptcy
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Employment Background Checks: 5 Outstanding Free Resources
Resource Nation (blog)March 1, 2012

If you're willing to pay, the sites promise to find phone numbers, addresses, criminal and court records, bankruptcies and liens, property ownership, and marriage and divorce records for the person you're researching. Since all of this information is a ...more »

Internal Investigative Services
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Pinellas sheriff says narcotics division grew to be 'too loose an operation'
Tampabay.comMarch 3, 2012

The detective resigned but the sheriff said, "we're still going to pursue the criminal case for the theft." Gualtieri said the allegation would be forwarded to the Pinellas-Pasco State Attorney's Office, which decides whether to file charges in ...more »

Commercial Leasing
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More muscle for the Home Team
TODAYonlineMarch 1, 2012

Citing examples of unlicensed moneylending and drug trafficking kingpins operating from abroad, as well as the growing number of commercial crimes, such as the recent "Internet love" scams and ATM skimming case, Mr Teo noted that more will be done "to ...more »

International Transactions
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American Airlines Starts to Show Its Hand to Bondholders
Bond BuyerMarch 1, 2012

The trustee said it had intended to tap reserves but believes their use would violate bankruptcy rules. The trustee is attempting to obtain American's agreement to use the reserve funds to make the Feb. 1 debt-service payment or to pay the trustee's ...more »

Communications & Media
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Utah Personal Injury Lawyers Appear in Newsweek and Major Media Networks
PR Web (press release)March 1, 2012

A string of recent media appearances has highlighted a firm that already stands out in excellence amongst fellow Utah personal injury lawyers. The mounting accolades awarded to attorneys Ken Christensen and Russ Hymas of the Christensen Law Firm are ...more »

ALM's CLECenter.com Partners with ExecSense to Deliver Exclusive New ...
MarketWatch (press release)March 1, 2012

...business news, research and information, focused primarily on the legal and commercial real estate sectors. ALM's market-leading brands include The American Lawyer, Corporate Counsel, GlobeSt.com, Insight Conferences, Law.com, Law Journal Press, ...more »

Construction & Development
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BP settlement talks hit a roadblock
Houston ChronicleMarch 1, 2012

Photo: Charles Dharapak / AP Settlement talks between BP and lawyers representing business owners and individuals affected by the Deepwater Horizon oil spill hit an impasse on Wednesday, people familiar with the negotiations told the Chronicle.more »

Locating Funds
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Students, Authors Protest Arizona Law Against Ethnic Studies
Fox NewsMarch 1, 2012

Huppenthal, who always contended the TUSD program was at odds with state law SB 2281, moved to block the funds in the wake of a court finding that supported his view. Tucson's program violates SB 2281's ban on ethnic studies courses that promote "the ...more »

Contracts Involving State & Minicipality
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Law of Cards: Leaf Files Claim for Attorneys' Fees Against Panini
The Cardboard ConnectionMarch 2, 2012

Leaf alleges it lawfully bought the stickers on the secondary market months before Panini's exclusive contract with Durant. In view of this, Leaf alleges that Panini (and Durant) should not be able to create a contract later on that affects third ...more »

Mergers, Acquisitions & Divestitures
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FOCUS Represents Digital Intelligence Systems Corporation in Acquiring the ...
Citybizlist (press release)March 7, 2012

Washington, DC - FOCUS LLC, a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Digital Intelligence Systems Corp. (DISYS) has acquired certain assets of ...more »

Controlled Substances Law
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Former EPD officer arrested for drugs
Opelousas Daily WorldMarch 18, 2012

... possession of a Schedule II drug (cocaine), possession of drug paraphernalia, illegal use of a controlled dangerous substance in the presence of persons under 17 years of age and violation of the uniform controlled dangerous substance law.more »

Mortgages & Foreclosures
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Utah law firm agrees to change direct-mail solicitations in Idaho over ...
The Idaho StatesmanMarch 1, 2012

Wasden said Idaho consumers with questions about their legal rights or options because of alleged violations of state or federal mortgage lending or foreclosure laws should consult an experienced, Idaho-licensed attorney. Residents can contact the ...more »

Corporate Finance & Taxation
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Heated debate delivers tax assistance law
swissinfo.chMarch 1, 2012

In a lengthy and at times passionate debate which included discussion of some two dozen proposed amendments, the House of Representatives voted 113 to 58 on Wednesday to pass the government's proposed law on administrative assistance in taxation ...more »

Non-Profit Corporations
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Parents Need to Have "The Talk" About Smartphone Security with Their Kids
MarketWatch (press release)March 1, 2012

... a non-profit public-private partnership focused on cybersecurity awareness and education for all digital citizens, today released findings from a recent consumer survey(1) that shed light on how parents think and act in order to protect the mobile ...more »

Creditor's Rights
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Derecktor's financial problems hit New York
Danbury News TimesMarch 1, 2012

Photo: Contributed Photo, ST / Connecticut Post Contributed Derecktor, the yacht builder that has gone bankrupt twice in Connecticut, and now also in New York as its shipyard there seeks Chapter 11 protection, is finished in Bridgeport, according to a ...more »

Professional Corporations
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ASIC argues its case over continuous disclosure law
Sydney Morning HeraldMarch 1, 2012

Neil Young, QC, for the Australian Securities and Investments Commission, was answering submissions on behalf of Andrew Forrest and Fortescue Metals Group that there were reasonable grounds in 2004 to believe agreements with three Chinese construction...more »

Customs Disputes
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DEPUTY ATTORNEY GENERAL JAMES COLE SPEAKS AT HIGH LEVEL HEMISPHERIC MEETING ...
The Cypress TimesMarch 1, 2012

Other lawyers working for organized crime figures bring frivolous libel cases against individuals who expose their criminal activities. Business owners and bankers are enlisted to launder money, and employees of legitimate companies are used to conceal ...more »

Public Offerings
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226000 petition signatures for repeal of emergency manager law land in Lansing
Detroit Free PressMarch 1, 2012

Monica Lewis-Patrick of Detroit chants Wednesday while passing boxes of signatures as a group delivered the signed petitions to the Department of State Bureau of Elections. Attorney General Bill Schuette said if the 2011 law was suspended, ...more »

Debt Collection
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American Airlines Starts to Show Its Hand to Bondholders
Bond BuyerMarch 1, 2012

The trustee said it had intended to tap reserves but believes their use would violate bankruptcy rules. The trustee is attempting to obtain American's agreement to use the reserve funds to make the Feb. 1 debt-service payment or to pay the trustee's ...more »

Reorganizations & Restructuring
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5 questions:sam g. bratton ii
Tulsa WorldMarch 9, 2012

Some form of bankruptcy, debt forgiveness or other debt relief has been a part of the law of many countries since the Renaissance. In the United States, provisions for a bankruptcy law are found in the Constitution next to the power to raise armies and ...more »

Debt Settlement
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Florida Bankruptcy Attorney Publishing Article on Using REST Report to ...
PR Web (press release)March 2, 2012

The managing partner of the bankruptcy law firm of Cox & Sanchez, Thomas F. Cox, has had an article accepted for publication by the St. Petersburg Bar Association publication, "Paraclete-The Magazine for the Legal Profession.more »

State & Minicipal Bonds
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Judge: Government can require union posters at work
The TennesseanMarch 3, 2012

By Sam Hananel, AP WASHINGTON (AP) — A federal judge ruled Friday the National Labor Relations Board can require most private businesses to put up posters telling workers they have a legal right to form a union. But US District Judge Amy Berman ...more »

Directors' & Officers' Liability
[read all news]
Win Wyatt Earp's Revenge on DVD!
Country WeeklyMarch 2, 2012

All federal, state and local laws apply. Sponsor reserves the right, its sole discretion, to suspend, modify, or terminate this Sweepstakes at any time. Potential Winners must submit an Affidavit of Eligibility / Release of Liability / Prize Acceptance ...more »

Trade Associations
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Fresenius Medical Care AG & Co. KGaA; Analysis of Agreement Containing Consent ...
Middle East North Africa Financial NetworkMarch 6, 2012

The FTC Act and other laws that the Commission administers permit the collection of public comments to consider and use in this proceeding as appropriate. The Commission will consider all timely and responsive public comments that it receives on or ...more »

False Advertising
[read all news]
Nanigans Partners with Advertising Agency Hill Holliday
MarketWatch (press release)March 1, 2012

BOSTON, Mar 01, 2012 (BUSINESS WIRE) -- Nanigans, Inc., a Facebook(R) Ads API developer focused on helping marketers maximize ROI from their Facebook advertising campaigns, has been selected for partnership in Hill Holliday's Project Beacon program.more »

Unfair Competition
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Double non-taxation deprives Member States of significant revenues and creates ...
Balkans.com Business NewsMarch 1, 2012

Double non-taxation deprives Member States of significant revenues and creates unfair competition between businesses in the Single Market. It occurs when cross-border companies escape paying taxes due to mismatches between national tax systems.more »

Federal Contracts
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Senate declares operations of BPP illegal
The Nation NewspaperMarch 1, 2012

... subject to thresholds as may be set by the council, certify federal procurement prior to the award of contract, supervise the implementation of established procurement policies, monitor the prices of tendered items and keep a national database of ...more »

Venture Capital
[read all news]
Yammer Raises $85 Million in Financing Round Led by DFJ Growth
Business Review USA (press release)March 3, 2012

DFJ Growth, part of the core team at leading venture capital firm Draper Fisher Jurvetson, led the round, with participation by new investors Meritech Capital Partners; Capricorn Investment Group LLC, the investment arm of Jeff Skoll; Khosla Ventures; ...more »

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