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

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Supreme Court reaffirms pro-arbitration stance
International Law OfficeMarch 1, 2012

In Compucredit Corp v Greenwood the Supreme Court held that claims brought under the Credit Repair Organisations Act are arbitrable and that arbitration agreements subject to the act must be enforced.(1) While Compucredit concerned domestic ...more »

Trade Me pushes for consumer law change 1, 2012

Trade Me says it will continue to push for an amendment to a bill overhauling consumer law as it believes full and part-time traders should have to identify themselves as being professionals when selling goods online or at fairs, markets and car boot ...more »

Business Law News and Stories

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Rights fight part of business
China DailyMarch 1, 2012

Legal claims and counterclaims over intellectual property rights have become part of doing business not just in China, but in many other countries as well. So has using litigation, and the threat of litigation, as a commercial weapon.more »

Federal Grants
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Federal grant cuts strain city
Worcester TelegramMarch 1, 2012

City Manager Michael V. O'Brien said yesterday the city's block grant allocation will decrease by 4.2 percent, from $4.1 million this year to $3.9 million. Meanwhile, federal funding for affordable housing through the HOME program will decrease 41 ...more »

Antitrust Law, Domestic
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Judge rules government can require businesses to display posters explaining ...
Washington PostMarch 2, 2012

WASHINGTON — A federal judge ruled Friday that 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 Jackson limited how the ...more »

Foreign Investments
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No investment boom in sight, lawyers say
Kyiv Post (subscription)March 1, 2012

But the numbers on foreign direct investment, coupled with the insight provided by lawyers that work late into the evening helping investors survive and succeed in the nation's notoriously horrible investment climate, tell a different story.more »

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Casual Male Retail Group, Inc. Signs Franchise Agreement for a DestinationXL ...
Zawya (registration) (press release)March 1, 2012

The franchise agreement governs the operation of the store and provides that within two years of the store's opening to the public, the Casual Male Retail GroupRetail Group, Inc. subsidiary has an option to purchase an equity interest in the store.more »

Banking Law
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The "Scam Hall of Shame"
WPDEMarch 1, 2012

Regardless of the reason or excuse given by the employer, a job applicant should never give out his or her Social Security or bank account numbers over the phone or e-mail. Mystery Shopping Scams lure unsuspecting victims by sending them checks for ...more »

Gaming Law
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Pa.'s highest court hears casino license appeal
CBS NewsMarch 7, 2012

PHILADELPHIA — The Pennsylvania Gaming Control Board erred when it awarded a casino license to a southwestern Pennsylvania resort because the process was flawed and the resort's proposal did not meet key criteria set by state law, an attorney for one ...more »

Business Formation
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Kemper Corporation is Recognized among the 2012 REBRAND 100® Global Award Winners
SunHerald.comMarch 1, 2012

“We are pleased that REBRAND TM selected Kemper with this distinction, based on our successful launch of the Kemper brand for our family of companies,” said Donald G. Southwell, Kemper's President, Chairman and Chief Executive Officer.more »

Government Construction Contracts
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Ahead of the Bell: Construction spending
CBS NewsMarch 1, 2012

Spending on single-family homes, commercial buildings, and government construction projects all rose. Despite the gain, the spending pace is only 7 percent above the post-recession low and nearly 33 percent below the peak reached during the housing ...more »

Business Law
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Florida bill targets firms doing business with Cuba
Christian Science MonitorMarch 16, 2012

Florida passed a law banning state public contracts for companies doing business with Cuba – something that violates federal law, writes guest blogger Anya Landau French. By Anya Landau French, Guest blogger / March 16, 2012 • A version of this post ...more »

Institutional Investing
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Notice to All Apple REIT Investors Concerning Recent Amended FINRA Complaint ...
PR Web (press release)March 1, 2012

In light of these developments, TGN urges investors who hold Apple REITs recommended by David Lerner Associates to consider what recourse is available to recover their investment losses. The Securities Law Firm of Tramont Guerra & Nunez, ...more »

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ALM's Partners with ExecSense to Deliver Exclusive New ...
MarketWatch (press release)March 1, 2012 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,, Insight Conferences,, Law Journal Press, ...more »

Highpoint Apartments attract flurry of interest
Boston.comMarch 1, 2012

Harrington worked for a law firm that had dealings with Roseland Properties, the current manager of the Highpoint Apartments (which owns the parcel along with Boston real estate firm The Congress Group under the entity Highpoint Apartments LLC).more »

Commercial Bankruptcy
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Small business community says Obama corporate tax plan will only benefit a few
Washington PostMarch 1, 2012

It may not matter. It's unlikely that the Obama proposal will become law anytime soon. A big tax law change probably won't make it through Congress in an election year. But the proposal does address some concerns of small businesses.more »

Internal Investigative Services
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Filings show police investigated Alaska officer
KOB.comMarch 4, 2012

Christine Schleuss, a lawyer for five of the nine women involved in the suits, said she's seeking information beyond the summaries of internal investigation reports provided to her. "However, incomplete as they are, they describe (the city's) pattern ...more »

Commercial Leasing
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Growthpoint Properties letting market still quite robust
SA Commercial Prop NewsMarch 1, 2012

Tenant retention contributed markedly, totalling a lease value of R52,7 million. Scania SA, Siemens Ltd, Supergroup and Hirt & Carter were among the industry giants to renew their contracts with Growthpoint. New deals notched up a lease value of R32,5 ...more »

International Transactions
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The Cypress TimesMarch 1, 2012

It is a great pleasure to be here this morning to address SIFMA's Anti-Money Laundering and Financial Crimes Conference. This feels a bit like a home-coming for me. I joined the Treasury Department almost exactly three years ago today.more »

Communications & Media
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Tata Communications shares gain amid CWW takeover report
Hindustan TimesMarch 1, 2012

While there have been no words so far from either of the two companies, media reports have said that UK-based CWW Plc could soon become a potential takeover target of Tata Communications, formerly known as VSNL and earlier a public sector entity that ...more »

Thomas and Thomas Partners successfully defend Hyde Park Licence Review
Event Industry NewsMarch 6, 2012

Licensing law firm Thomas and Thomas Partners successfully defended a premises licence review for its client, The Royal Parks – a review which had threatened the licence for a series of major annual concerts being held in London's Hyde Park.more »

Construction & Development
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How to get legal credits in one place, at one time
Smart Business NetworkMarch 1, 2012

Julie Savarino, managing director of Business Development Inc., will be presenting two nationally acclaimed sessions: “Mastering the 'Sales' Process for Lawyers,” and “Secrets of Success from Leading Women Lawyers.” “Law is a practice, ...more »

Locating Funds
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Legislature targets funds for Planned Parenthood
TriValley CentralMarch 3, 2012

State law already prohibits using tax dollars to fund abortions, but Rep. Kimberly Yee, R-Phoenix, said the bill is needed to cut off what she called “backdoor funding” for organizations that provide abortions that are morally objectionable to many ...more »

Contracts Involving State & Minicipality
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Health-care law seminar set
Toledo BladeMarch 1, 2012

The regional director of the US Department of Health and Human Services said in his travels around the Midwest to address the law, many small businesses believe they must buy into the health-care plan. "There is a misconception with some people that it ...more »

Mergers, Acquisitions & Divestitures
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Vulcan-Martin Marietta Combination Not Unexpected, Banker Says at Trial
BloombergMarch 2, 2012

The combination is a foregone conclusion among merger-and- acquisition professionals, a Deutsche Bank AG (DBK) official testified. 'Best in Class' The proposed combination is “one of the inevitable transactions” that has been “talked about on Wall ...more »

Controlled Substances Law
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Nick Diaz's attorney doesn't take kindly to calling his client a liar
Yahoo! Sports (blog)March 15, 2012

Goodman is clearly going to fight the case bitterly, and on Thursday, he railed against statements made by the public information officer for the Nevada attorney general's office. Yahoo! Sports on Monday and Tuesday reached out to Christopher Eccles, ...more »

Mortgages & Foreclosures
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Oregon governor, legislative leaders gather to sign bills and praise the 2012 ...
OregonLive.comMarch 6, 2012

He also noted that between 10 am and 8:48 pm Monday, lawmakers passed three of four of the governor's priority bills as well as legislation reforming the state's foreclosure laws to help distressed homeowners. "The magnitude of that is extraordinary," ...more »

Corporate Finance & Taxation
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LOYAL3 Hires Ex-Merriman Capital CEO as Chief Financial Officer
MarketWatch (press release)March 1, 2012

He will oversee corporate finance, accounting and compliance functions, and will report to LOYAL3 Chief Executive Officer, Barry Schneider. "Peter's demonstrated success in the securities and financial services industry, coupled with his experience and ...more »

Non-Profit Corporations
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How good a case do the Koches have in the Cato flap?
Thomson Reuters News & InsightMarch 2, 2012

By now you've probably heard that the billionaire, Tea Party-funding Koch brothers are attempting to regain control of Cato Institute, the non-profit libertarian think tank Charles Koch cofounded in 1974. The Koch v. Cato kerfuffle has generated so ...more »

Creditor's Rights
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“Europe Gets Shock Therapy like Latin America in the 1980s and 1990s”
International Debt ObservatoryMarch 2, 2012

Meanwhile its public creditors (the Troika) demand permanent austerity in terms of social expenditure cuts, massive privatizations, regression in terms of economic and social rights, the like of which has not been seen since the end of the Second World ...more »

Professional Corporations
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Using electronic means in corporate governance
International Law OfficeMarch 8, 2012

In order to implement and encourage the use of information technology in corporate law, the legislature had to modify and add several provisions to the code. The main changes were as follows. Influenced by Law 5/2005, which approved the legal regime ...more »

Customs Disputes
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6th District immigration
Gazette.Net: Maryland Community News OnlineMarch 1, 2012

At the same time, ICE is pushing Secure Communities, it is cutting spending for the 287(g) program, which partners local and federal law enforcement to deport illegal immigrants. Although they are neighboring jurisdications, Frederick and Montgomery ...more »

Public Offerings
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Attorney: Cline has First Amendment on her side
Durham Herald SunMarch 1, 2012

Sutton reminded Hobgood of the testimony of one witness, an expert in jury selection, who testified that the public accusations that Cline made about Hudson could impact the public's perception of justice. Now, attorneys, when picking jurors, ...more »

Debt Collection
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Waiting in vain
Chicago ReporterMarch 1, 2012

He called a workers' compensation attorney for help and reported the owner to the Illinois Department of Labor for violating minimum wage and overtime laws, claiming the nonpayment of $11652. That was February 2011. So far, Jose has received only one ...more »

Reorganizations & Restructuring
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SingTel reorganization 'necessary' but 'challenging'
ZDNet AsiaMarch 5, 2012

The move by Singapore Telecommunications (SingTel) to restructure its business into consumer and enterprise segments shows its willingness to "change with the times" amid a difficult era for operators, says Ovum. The operator announced on Monday that ...more »

Debt Settlement
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BP Reaches $7.8 Billion Deal With Gulf Spill Victims
BusinessWeekMarch 3, 2012

Barbier said in his order that he will schedule a status conference with lawyers to discuss issues raised by the settlement and set a new trial date. “Such a settlement would likely result in a realignment of the parties in this litigation and require ...more »

State & Minicipal Bonds
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Charles will grant preferences to local small businesses
So Md NewsMarch 2, 2012

by ERICA MITRANO, Staff writer Local small businesses now will be preferred for Charles County government contracts if they are certified with the Maryland Small Business Reserve Program, the Charles County commissioners decided Tuesday. The law...more »

Directors' & Officers' Liability
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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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USW Credits Bi-Partisan Congressional Action Ensuring U.S. Can Protect Jobs ...
Sacramento BeeMarch 7, 2012

By United Steelworkers (USW) WASHINGTON, March 6, 2012 -- /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today credited Congress for rising above partisanship and bickering to ensure that America's trade laws can be used to respond to China's ...more »

False Advertising
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Facebook rolls out new advertising tools
GMA NewsMarch 1, 2012

NEW YORK - Facebook rolled out new tools for advertisers Wednesday as it prepares to go public later this year in the largest flotation ever by an Internet company on Wall Street. Among the marketing opportunities unveiled at an event held by Facebook ...more »

Unfair Competition
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Street vendors given unfair advantage over restaurants
Vancouver SunMarch 6, 2012

... on the public curbside, or in some cases the roadway, is a taxpayer-sup-plied incentive to these food providers. However, fixed establishments that pay onerous taxes in their high-cost rental locations must surely view such competition as unfair.more »

Federal Contracts
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Proview Lawyer Hopes Apple Makes Contact for IPad Trademark Settlement
BloombergMarch 1, 2012

Roger Xie said the two sides haven't held any formal negotiations on the issue of which company owns the right to use the iPad brand in the world's most populous nation. Lawyers presented arguments for almost six hours yesterday at the Higher People's ...more »

Venture Capital
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Insight Leads $165 Million Round in Cloud-Based Energy Data Company
All Things DigitalMarch 5, 2012

Insight Venture Partners, the New York-based venture capital and private equity firm that has in the past invested in tech properties like Twitter, Tumblr, LivingSocial and FlipBoard, is leading a massive $165 million investment in a Texas-based oil ...more »


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