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

Top Picks in News

China vs. North Korea's Refugees
Wall Street JournalMarch 1, 2012

Beijing forcibly repatriates these unfortunates without giving them a chance to apply for asylum. North Koreans who are suspected of having met Christians, South Koreans or Americans while in China are executed or shipped off to the gulag.more »

US judge allows DEA to suspend Cardinal license
ReutersMarch 1, 2012

An administrative hearing of Cardinal's Lakeland license is scheduled to begin at the DEA on April 3. That process could take as long as a year to play out as both sides present their cases. The DEA judge will then make a recommendation to the DEA's ...more »

Business Law News and Stories

[read all news]
Latin American drug violence a global issue?
Sacramento BeeMarch 2, 2012

"In Central America, the escalating drug-related violence involving drug trafficking, transnational and local gangs and other criminal groups has reached alarming and unprecedented levels, significantly worsening security and making the subregion one ...more »

Federal Grants
[read all news]
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
[read all news]
Jones & Haley, P.C. Selected For "City's Top Law Firms"
Sacramento BeeMarch 1, 2012

29, 2012 -- Jones & Haley, PC of Atlanta, GA has been honored with a recognition by Atlanta Business Chronicle in its selection of "City's Top Law Firms." ATLANTA, Feb. 29, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in ...more »

Foreign Investments
[read all news]
Faruqi & Faruqi, LLP Calls on Investors Who Suffered Losses in Excess of ...
MarketWatch (press release)March 1, 2012

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) Metabolix's 'Telles' joint venture with ADM would not meet the project's commercial phase benchmark as early as ...more »

[read all news]
Starting a Small Business in Florissant: Opening a Franchise
Patch.comMarch 1, 2012

"Florissant Patch" rounds up the facts on franchise ownership and shares advice from the city's director of economic development. By Angela Atkinson Are you considering starting a small business in Florissant? Consider a franchise opportunity.more »

Banking Law
[read all news]
Former CEO of St. Louis-area medical firm indicted
STLtoday.comMarch 1, 2012

Dunard Morris, 48, the former chief executive of Chesterfield-based Metropolitan Urological Specialists PC, was indicted late Wednesday on multiple counts of mail fraud and wire fraud as well as violations of a federal statute that makes it a crime to ...more »

Gaming Law
[read all news]
CasinoLeaks to bare Macau's gaming industry secrets
Macau Daily TimesMarch 5, 2012

The site promises also to analyse Macau's problematic gaming regulations, provide gaming statistics for the territory, and offer details on the six concession/sub-concession holders. According to GamblingCompliance's report, Fiedler, ...more »

Business Formation
[read all news]
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
[read all news]
Construction sector in pain
Trinidad GuardianMarch 4, 2012

Photo: Marcus Gonsalves The local construction industry is on the brink of collapse, and in order to salvage the sector, government must pay outstanding monies owed to contractors and get promised projects off the ground. This from the president of the ...more »

Business Law
[read all news]
Mets Owners Begin Trial to Deny $303 Million to Madoff Trustee
BusinessWeekMarch 16, 2012

Rakoff ruled on March 5 that the Mets defendants must return to Picard as much as $83 million in fictitious profits from Madoff's Ponzi scheme and face a trial over whether they blinded themselves to Madoff's fraud and should give back principal they ...more »

Institutional Investing
[read all news]
Congo law seen hurting foreign investment
Independent OnlineMarch 5, 2012

By Reuters A law meant to breathe new life into agriculture in Democratic Republic of Congo risks scaring off needed foreign investment due to a clause calling for farms to be majority-owned by Congolese, according to investors and other sector players ...more »

[read all news]
Fresh Iran deadline passes with no new sanctions
Mainichi Daily NewsMarch 1, 2012

Since the United States does little real business with Iran, its economic leverage comes largely from the threat of US financial punishment on foreign government or businesses. Iran has an extensive international trade network, including longstanding ...more »

Laws should be passed carefully
Deseret NewsMarch 3, 2012

Still, each legislative session they pass over a hundred new laws, often on a whim, that bloat it even more. In school, we were taught about freedom and that laws were made only when they would serve a compelling public interest.more »

Commercial Bankruptcy
[read all news]
Travelers Appeals Order to Pay $500 Million Asbestos Claims
BloombergMarch 1, 2012

appeal of a 2011 ruling in the bankruptcy case of Johns Manville Corp., seeking reversal of an order to pay asbestos victims about $500 million, was granted in part in federal court in New York. US District Judge John Koeltl also affirmed in part the ...more »

Internal Investigative Services
[read all news]
DA Denies MT's Request For Files In Police Probe
OPB NewsMarch 3, 2012

Huddleston on Friday denied the Mail Tribune's public records request seeking access to the internal investigation into Lemhouse, an Ashland City Council member. Lemhouse resigned in January in the middle of the investigation, which sources close to ...more »

Commercial Leasing
[read all news]
NorthStar Realty Finance Announces that NorthStar Real Estate Income Trust ...
Sacramento BeeMarch 1, 2012

(NYSE: NRF) announced today that its sponsored non-listed commercial real estate debt oriented REIT, NorthStar Real Estate Income Trust, Inc. ("NSREIT"), has entered into a new $100 million credit facility with Wells Fargo Bank, NA The credit facility ...more »

International Transactions
[read all news]
Golfsmith Announces Fourth Quarter and Fiscal Year 2011 Preliminary Earnings ...
MarketWatch (press release)March 1, 2012

The Golfsmith International Holdings, Inc. logo is available at This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E ...more »

Communications & Media
[read all news]
Fisher Communications' Fourth Quarter and Full-Year 2011 Financial Results ...
MarketWatch (press release)March 1, 2012

SEATTLE, WA, Mar 01, 2012 (MARKETWIRE via COMTEX) -- Fisher Communications, Inc. (NASDAQ:FSCI) , a leader in local media innovation, today reported its financial results for the fourth quarter and the fiscal year ended December 31, 2011.more »

Haley picks new labor agency head
Sumter ItemMarch 3, 2012

... Department of Labor, Licensing and Regulation. Pisarik will serve as interim director while legislators debate her confirmation. Pisarik graduated from the University of South Carolina School of Law in 2007 and worked as an attorney in Columbia.more »

Construction & Development
[read all news]
Memo causes confusion about start of bullet train construction
Los Angeles TimesMarch 1, 2012

The start of construction has loomed large over the entire project. The Federal Railroad Administration has issued $3.3 billion in grants. Federal law requires that the money be spent by 2017 or forfeited. The grant agreements also set conditions that ...more »

Locating Funds
[read all news]
Judge says immigrants can be cut off from food stamps
San Francisco ChronicleMarch 1, 2012

A 2003 law restored eligibility to immigrant children. The law did not prohibit states from using their own funds to provide food stamps for immigrants ineligible for federal aid. As of November 2010, the court said, seven states were making that aid ...more »

Contracts Involving State & Minicipality
[read all news]
Miami Valley crime lab losing business to state
Dayton Daily NewsMarch 1, 2012

The Ohio Bureau of Criminal Identification and Investigation (BCI) provides free testing for police, sheriff's departments and prosecutors at its laboratory in London. For some jurisdictions, the transportation costs involved in using the London lab ...more »

Mergers, Acquisitions & Divestitures
[read all news]
Winston & Strawn Adds Experience to Its Corporate and Securities Practice in ...
MarketWatch (press release)March 6, 2012

A lawyer for more than 20 years, Rawn's diverse practice focuses on mergers, acquisitions, divestitures and joint ventures for public and private companies, with significant experience on cross-border transactions. His practice also concentrates on ...more »

Controlled Substances Law
[read all news]
USDOJ: New Orleans Man Charged for Alleged Role in Five Murders
7thSpace Interactive (press release)March 16, 2012

The superseding indictment charges Steven Earl Hardrick, 27, with violations of the federal controlled substances act and federal firearms laws, carjacking, witness tampering and murder. The superseding indictment alleges that Hardrick allegedly ...more »

Mortgages & Foreclosures
[read all news]
A million-dollar mortgage goes unpaid for years while couple fights foreclosure
Washington PostMarch 3, 2012

The eviction from their million-dollar home could come at any moment. Keith and Janet Ritter have been bracing for it — and battling against it — almost from the moment they moved into the five-bedroom, 4900-square-foot manse along the Potomac River ...more »

Corporate Finance & Taxation
[read all news]
55 People Indicted in California-Based Federal Tax Fraud Scheme (press release)March 1, 2012

55 individuals were recently indicted for tax fraud in California. The federal government takes these charges very seriously. The individuals face many years in prison if convicted. March 01, 2012 /24-7PressRelease/ -- Though tax fraud schemes are ...more »

Non-Profit Corporations
[read all news]
LAW ROCKS! - Legal Industry "Battle of Bands" Concert for Charity Announces ...
Bradenton HeraldMarch 2, 2012

By Law Rocks! LOS ANGELES, March 1, 2012 — /PRNewswire/ -- Legal professionals are set to compete in the first annual Law Rocks! Los Angeles to benefit charitable organizations. Law Rocks! Los Angeles, a 501(c)(3) non-profit organization is hosting ...more »

Creditor's Rights
[read all news]
Massachusetts, Florida Look to Wrap Up Foreclosure Due Process
FiredoglakeMarch 1, 2012

The bills include some interesting measures: • “Require creditors to provide documentation to a borrower that establishes the creditor's right to foreclose on real property prior to recording a notice of default,” as well as that same documentary ...more »

Professional Corporations
[read all news]
VLP Law Group LLP announces Stephen Wright and Patrick Valentino have joined ...
California NewswireMarch 1, 2012

... real estate transactional law, including development, acquisition, joint ventures, commercial financing, leasing, dispositions, entity structuring, partnership and limited liability company agreements and construction involving office, industrial, ...more »

Customs Disputes
[read all news]
Transgender hormone treatments, abortion access for detained illegals irks ...
Daily CallerMarch 1, 2012

By Caroline May CHICAGO - MAY 25: Rodolfo Gonzalez-Murillo is moved from a van to a jet chartered by US Immigration and Customs Enforcement (ICE) which will take him and other undocumented immigrants to the US border to be deported on May 25, ...more »

Public Offerings
[read all news]
Defense attorney admits client raped, fatally stabbed woman in 1988
Los Angeles TimesMarch 6, 2012

A public defender Monday morning admitted during opening statements that his client raped and stabbed a woman to death in Costa Mesa in 1988. "This is a horrible case; you don't have to make it worse than it already is," deputy public defender Thomas ...more »

Debt Collection
[read all news]
Debt Collector Settles with Georgia for $15.5 Million
InsideARMMarch 1, 2012

Dorsey Thornton & Associates, LLC, a Georgia debt collections company, and its principal officers Wyteria Dorsey and Michael Thornton, have entered into an Assurance of Voluntary Compliance with the Governor's Office of Consumer Protection (OCP), ...more »

Reorganizations & Restructuring
[read all news]
Plans to Restructure Newark School District Finalized
Patch.comMarch 19, 2012

By Lia Eustachewich Superintendent Cami Anderson details plans to restructure the Newark schools district during a press conference Monday at Quitman Street School. Controversial plans to close and consolidate Miller Street and Louise A. Spencer ...more »

Debt Settlement
[read all news]
Reasons for Bankruptcy Dismissal
JD Supra (press release)March 1, 2012

There is a period of time within which you cannot file for bankruptcy after filing one earlier. Under the law, you can file for Chapter 7 once every eight years but you can do so more often with Chapter 13 bankruptcy. If you do so within the time frame ...more »

State & Minicipal Bonds
[read all news]
State Assistance to Business Critical for Health Care Reform
Worcester Business JournalMarch 4, 2012

Put simply, there will always be elements of the private sector that blanch at the idea of the government telling them how to run their business. But at least the commonwealth has not done a “cut and run” on the law and forced businesses to deal with ...more »

Directors' & Officers' Liability
[read all news]
Watchdogs Target Insurance Brokers Cashing In On Lucrative Government Work
NJ SpotlightMarch 1, 2012

Essex County's $756450 in fees were paid without proper authorization because the Essex County Board of Freeholders failed to pass a resolution in 2009 renewing the no-bid contract that has been held by Conner Strong for the past 14 years, ...more »

Trade Associations
[read all news]
Hactivistas protest brutal Spanish copyright law with flood of complaints
Boing BoingMarch 2, 2012

By Cory Doctorow at 6:12 pm Thursday, Mar 1 Spain's brutal new copyright/censorship law, passed at the behest of the US Trade Rep, has gone into effect. Spanish hactivists working with a recording artist have flooded the service with copyright ...more »

False Advertising
[read all news]
Nielsen's Online Campaign Rating in India soon
exchange4media.comMarch 2, 2012

By Deepika Bhardwaj The dilemma of marketers in India – whether or not to put money in the digital medium – and their concerns on return on investment on online advertising may just end with the launch of Nielsen's online measurement abilities, ...more »

Unfair Competition
[read all news]
HCCI files lawsuit against hospital, competitors
Morris Daily HeraldMarch 1, 2012

HCCI and one of its doctors, Dr. Christopher Bane, have filed a complaint of defamation, interference and unfair competition against Heartland, Dr. Ari De la Hera of Heartland and president of the medical staff at the hospital; Dr. David Vermillion, ...more »

Federal Contracts
[read all news]
Website matches targets and hit man
Grand Forks HeraldMarch 1, 2012

Then he made her an offer: Pay him the balance on the contract, and he would let her live. She had three days. Sotelo, who other agents in the violent crime squad knew as the “prison girl” for the number of federal lockup cases she's investigated, ...more »

Venture Capital
[read all news]
Jobanputra Joins RTP Ventures
Private Equity Hub (press release)March 6, 2012

RTP Ventures has $120 million in available capital and is associated with ru-Net, a Moscow-based $700M international investor. New York, NY – March 5, 2012 – Jalak Jobanputra, a prominent venture capitalist known for having backed companies with exits ...more »


Legal and Criminal News in 2015
Legal and Criminal News in 2014
Legal and Criminal News in 2013
Legal and Criminal News in 2012
Legal and Criminal News in 2011
Legal and Criminal News in 2010
Legal and Criminal News in 2009
Legal and Criminal News in 2008
Legal and Criminal News in 2007
Legal and Criminal News in 2006
Legal and Criminal News in 2005
Legal and Criminal News in 2004
Legal and Criminal News in 2003
Legal and Criminal News in 2002
Legal and Criminal News in 2001
Book of the Day in our Store
Share it on TwitterFacebook
Tax Havens:  International Tax Avoidance and EvasionTax Havens: International Tax Avoidance and Evasion
by Jane G. Gravelle
  • List Price: $16.99
  • Price: $14.49
  • You Save: $2.50 (15%)
from $17.13
Adam C KruseAttorney at LawPRACTICE AREA: Litigation
Gregg S AhrensAttorney at LawPRACTICE AREA: Bankruptcy Law, Business Law, Litigation