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

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Voters Doubt Police Tax Promises
fox4kc.comMarch 1, 2012

Our goal is to work at problem solving to prevent the crimes from happening, prevent the situations, so that's the whole key to this. Proactive policing is preventing crime from occurring.” If the tax (which is $0.3629 per $100 of assessed valuation) ...more »

Alumni take law into own hands over jobs 'hype'
Times Higher EducationMarch 1, 2012

So unhappy, in fact, that 15 law schools are currently facing lawsuits for fraud, unfair competition and false advertising. Among those being sued are Albany Law School, DePaul University College of Law and New York Law School. "The numbers reported by ...more »

Business Law News and Stories

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San Diego Law Firm Selected to Discuss Importance of Pursuing Creativity and ...
PR Web (press release)March 1, 2012

San Diego Law Firm is known for its unique recruiting and hiring approach which has subsequently led to the firm receiving such prestigious awards as One of the Top 10 Best Places To Work by San Diego Business Journal. San Diego Law Firm Community ...more »

Federal Grants
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FEMA: Oregon's January storm a disaster
KVALMarch 3, 2012

Federal funding is available to state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for emergency work and the repair or replacement of facilities damaged by the severe winter storm, flooding, ...more »

Antitrust Law, Domestic
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Microsoft hires ex-FTC Google expert as lobbyist
Economic TimesMarch 2, 2012

The problem for Long will be to ensure that he never discusses confidential Google data as part of his new job, which could be difficult because he has seen so much, said a Washington antitrust attorney who asked not to be named because he practices ...more »

Foreign Investments
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Bank of Israel starts investing in US stocks
GlobesMarch 1, 2012

The Bank of Israel today began investing a small part of its $77 billion in foreign currency reserves in US stocks. The central bank's latest Markets Division report states that the new Bank of Israel Law (5770-2010) allows the Bank of Israel to make ...more »

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Raiders place franchise tag on safety Tyvon Branch
USA TODAYMarch 2, 2012

(AP) – The Oakland Raiders placed the franchise tag on safety Tyvon Branch on Thursday, guaranteeing him about $6.2 million for 2012 to keep him off the open market in free agency. By Marcio Jose Sanchez, AP The Oakland Raiders placed a franchise tag ...more »

Banking Law
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Former Bank Employee Pleads Guilty to $540000 Embezzlement, Tax Fraud
PressZoom (press release)March 1, 2012

... Attorney for the Western District of Missouri, announced that a former employee of Jefferson Bank in Jefferson City, Mo., pleaded guilty in federal court today to embezzling more than $540000 from the bank and another employer and to tax fraud.more »

Gaming Law
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Canadian lawmakers staying out of the online gambling game, says expert
Vancouver SunMarch 3, 2012

Experts say the law is murky and legal opinion is divided over whether these sites are breaking Canadian laws. “For police authorities, it's not their top priority,” said Stanley Sadinsky, a law professor emeritus at Queen's University, in Kingston, ...more »

Business Formation
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Crime lab losing business to state
Middletown JournalMarch 1, 2012

By Joanne Huist Smith, Staff Writer 7:22 PM Wednesday, February 29, 2012 Middletown is among three area police departments that have dropped contracts with the Miami Valley Regional Crime Laboratory, and there is concern others will follow, ...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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Health-care reform act is bad for small business, expert says
Wyoming TribuneMarch 15, 2012

By Becky Orr CHEYENNE -- The national health-care reform act will be a tremendously expensive and intrusive law, a health-care economics expert said here Wednesday. The law especially will be hard on small businesses, added Bob Graboyes, ...more »

Institutional Investing
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Monthly Investment Strategy Update March 2012
CouttsMarch 2, 2012

To the extent permitted by law and without being inconsistent with any applicable regulation, neither Coutts & Co nor any connected company accepts responsibility for any direct or indirect or consequential loss suffered by you or any other person as a ...more »

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Judge Hittner here through 2, then out through Mon on business. #Stanfordtrial
KUHF-FMMarch 1, 2012

#Stanfordtrial by Andrew Schneider3/1/2012 3:30:43 PM At least one lawyer from each side must be avail on 15 min notice in case of jury question or verdict. #Stanfordtrial by Andrew Schneider3/1/2012 3:31:58 PM Defense today has Ali Fazel on post.more »

Law Office of Brodsky & Smith, LLC Announces Investigation of Archipelago ...
MarketWatch (press release)March 7, 2012

The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Archipelago Learning for not acting in the Company's shareholders' best interests in connection with the sale process to Thoma ...more »

Commercial Bankruptcy
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Jefferson County bankruptcy judge says creditors should be allowed to directly ... (blog)March 2, 2012

By Kent Faulk -- The Birmingham News BIRMINGHAM, Alabama --The judge presiding over Jefferson County's bankruptcy case is asking that the federal court of appeals in Atlanta consider the direct appeals to a January order that, among other things, ...more »

Internal Investigative Services
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Filings show police investigated Alaska officer
Fox NewsMarch 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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Shell sues environmental groups to score drilling rights
msnbc.comMarch 1, 2012

Screw the legal system. If people keep relying on lawmakers and the courts, we may as well baste ourselves and hop in the oven before the GOP gets hitler junior in office. But what am I even doing? I'm talking to people who love their god and their ...more »

International Transactions
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Logan International Inc. Closes the Purchase of Xtend Energy Services Inc.
SYS-CON Media (press release)March 1, 2012

CALGARY, ALBERTA -- (Marketwire) -- 03/01/12 -- Logan International Inc. (TSX:LII) ("Logan") today announced that it has completed the previously announced purchase of all of the outstanding common shares of Xtend Energy Services Inc. ("Xtend").more »

Communications & Media
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Inside The Goldline Settlement With Online Media Law
Sacramento BeeMarch 1, 2012

By Online Media Law SANTA MONICA, Calif., March 1, 2012 -- /PRNewswire/ -- On February 22nd, in exchange for a dismissal of criminal charges, Goldline International agreed to stop selling gold by deceptive means, and to pay up to $4.5 Million to ...more »

Bio of LLR's possible next director
MyrtleBeachOnline.comMarch 2, 2012

AP - The Associated Press EDUCATION: Winthrop University, bachelor's degree in business administration, 1999; University of South Carolina School of Law, 2007. PROFESSIONAL CAREER: Chief advice counsel for the state Department of Labor, Licensing and ...more »

Construction & Development
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Governor signs priority health care bill into law
Statesman JournalMarch 3, 2012

John Kitzhaber signs a bill creating coordinated care agencies, a key bill in revamping health care in Oregon, during a press conference Friday in his ceremonial office at the Capitol in Salem. / Diane Stevenson / Statesman Journal Lawmakers will ...more »

Locating Funds
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Career Center: Saddle Up and Hitch a Ride to Texas
Above the LawMarch 1, 2012

By Above the Law In the 19th century, Americans immigrated to Texas to escape debt incurred during the Panic of 1819, leaving “Gone To Texas” or “GTT” on their doors. In the 21st century, lawyers are immigrating to Texas for much different reasons.more »

Contracts Involving State & Minicipality
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Legal Services launches service for low-income entrepreneurs
St. Louis AmericanMarch 1, 2012

To provide business-oriented legal counsel to small businesses operated by low-income entrepreneurs and to non-profit organizations in underserved St. Louis communities, Legal Services of Eastern Missouri recently launched the Community Economic ...more »

Mergers, Acquisitions & Divestitures
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Kinder Morgan will divest assets to close El Paso buyout in May
Bizjournals.comMarch 15, 2012

Kinder Morgan Inc. (NYSE: KMI) said Thursday it has reached a tentative agreement with Federal Trade Commission staff to divest certain assets in order to receive regulatory approval for its proposed acquisition of El Paso Corp. (NYSE: EP).more »

Controlled Substances Law
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How the "Pro-Life" Movement Puts Women Behind Bars
AlterNetMarch 18, 2012

This law makes no mention of pregnancy, pregnant woman, drug use, fetus, or any other words that would make it applicable to a pregnant woman who uses a controlled substance and seeks to continue her pregnancy to term. In fact, the Alabama legislature ...more »

Mortgages & Foreclosures
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House Bill on Foreclosed Real Property Registration Passes Senate
RealEstateRama (press release)March 13, 2012

Vacant or foreclosed property registries are used by local governments to identify owners so that property ordinances such as building codes, dilapidated housing laws, etc. can be properly enforced. “Georgia's foreclosure rates are among the highest in ...more »

Corporate Finance & Taxation
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Durham DA Tracey Cline's fate in judge's hands
News & ObserverMarch 1, 2012

"Ms. Cline, I would contend, abused the power of the office to just defend herself," said Durham lawyer Kerry Sutton, explaining that Cline tied up court resources and used her own tax-paid salary to settle personal beefs with Judge Orlando Hudson and ...more »

Non-Profit Corporations
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Did Lincoln Arts board members legally dissolve organization?
Lincoln News MessengerMarch 1, 2012

By Carol Feineman Lincoln News Messenger Editor The nonprofit organization's staff and board of directors issued a press release Feb. 3 that the organization closed its doors, effective that day. On Feb. 7, Lincoln Arts Executive Director Claudia ...more »

Creditor's Rights
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Wells Fargo, Goldman may face charges over bonds
Malaysia StarMarch 1, 2012

NEW YORK: Goldman Sachs Group Inc and Wells Fargo & Co may face federal enforcement action related to mortgage-backed securities deals leading into the financial crisis, according to the banks in regulatory filings. The disclosures are the latest sign ...more »

Professional Corporations
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Conservative call centre company has checkered legal history in US
Ottawa CitizenMarch 2, 2012

By Glen McGregor and Stephen Maher, Postmedia News March 1, 2012 9:24 PM The company that handles the Conservative Party's computerized voter-identification system and powerful fundraising machine has a checkered legal history in the United States, ...more »

Customs Disputes
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Rangers black out as Whyte leaves them in the red
The Edinburgh JournalMarch 1, 2012

This season saw HMRC intervene at Hearts to settle disputes over unpaid player wages. Hibernian, under chairman Rod Petrie, teeter on the edge of financial survival every season. Even Celtic, lording it over their Glasgow rivals last week, ...more »

Public Offerings
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Rob McKenna's chance to beat the odds in Washington state
Washington Post (blog)March 2, 2012

Jay Inslee (D) trailing Attorney General Rob McKenna (R) in Washington state's gubernatorial race. While one recent survey shows a tie, we're talking about a state that went for President Obama in 2008 by 17 points. While Obama likely won't do as well ...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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CU-Boulder's Radio 1190 to restructure, rebrand
Colorado DailyMarch 1, 2012

By Ashley Dean, By the numbers KVCU and Radio 1190 are about to undergo a major reorganization in an effort improve operations and the station's reputation. A bill, passed unanimously by the CU Student Government's Legislative ...more »

Debt Settlement
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Lehman Brothers Holdings Pays Bankruptcy Advisers $20 Million in January
BloombergMarch 1, 2012

The bankrupt firm and its affiliates held $27.4 billion in cash as of Jan. 31. Lehman Brothers Chief Executive Officer Bryan Marsal's firm receieved $512 million in fees from the estate of the defunct bank since 2008. Law firm Weil Gotshal & Manges LLP ...more »

State & Minicipal Bonds
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AHF: Los Angeles Condoms in Porn Film Permit Law Takes Effect Mon. Mar 5th
MarketWatch (press release)March 4, 2012

LOS ANGELES, Mar 03, 2012 (BUSINESS WIRE) -- AIDS Healthcare Foundation (AHF) will host a media availability Sunday March 4 and Monday March 5 to comment on the status of implementation of an historic new City of Los Angeles ordinance that conditions ...more »

Directors' & Officers' Liability
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Womble Carlyle Announces Victory for Bank Directors and Officers
Citybizlist (press release)March 1, 2012

Instead, the court said, bank directors are insulated from personal liability by the business judgment rule. The FDIC may pursue claims against persons affiliated with failed banks, but only for acts of gross negligence.more »

Trade Associations
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Sen. Gillibrand blasts China's trade practices
Wall Street JournalMarch 5, 2012

Kirsten Gillibrand is announcing new legislation to address unfair foreign trade practices. Gillibrand will visit a United Auto Workers hall in Rochester Monday morning to discuss the legislation and call on the president to take action on China's ...more »

False Advertising
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Nanigans Partners with Advertising Agency Hill Holliday
EON: Enhanced Online News (press release)March 1, 2012

BOSTON--(EON: Enhanced Online News)--Nanigans, Inc., a Facebook® 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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A Cleantech Trade War with China?
Energy CollectiveMarch 14, 2012

I wouldn't be surprised if the US government can make a strong case that the Chinese solar firms in question benefited from government assistance in ways that constitute unfair competition under established rules of international trade.more »

Federal Contracts
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Federal Contracts Awarded to Companies in California (March 1)
Targeted News Service (subscription)March 1, 2012

by DONABEL HARMS WASHINGTON, March 1 -- The following federal contracts were announced by federal agencies as having been awarded to companies operating in California. WASHINGTON, March 1 -- Raytheon Co., Space and Airborne Systems, Goleta, Calif., ...more »

Venture Capital
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Venture Capital -- A Word of Warning
Huffington Post (blog)March 6, 2012

This is certainly true in part -- I'm not about to argue that venture capital has no role to play in the development of successful enterprises. Established companies, for whom the capital outlay needed to expand outstrips other sources of funding, ...more »


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The Buffalo Creek Disaster: How the Survivors of One of the Worst Disasters in Coal-Mining History Brought Suit Against the Coal Company- And WonThe Buffalo Creek Disaster: How the Survivors of One of the Worst Disasters in Coal-Mining History Brought Suit Against the Coal Company- And Won
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