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

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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 »

Randolph's BP deal violated state law
Tri Parish TimesMarch 1, 2012

Because BP has a financial relationship with the parish, Randolph cannot accept gifts from the company, according to state law. In the same vein, state law prohibits Randolph from entering into personal economic agreements with the company.more »

Business Law News and Stories

Advertising
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Atheist group challenges COLTS ad ban
Scranton Times-TribuneMarch 1, 2012

Neither she nor Executive Director Robert Fiume was familiar with the ad for the blog. "If we have to remove that, we will," Mr. Fiume said. Mary Catherine Roper, a staff attorney with the American Civil Liberties Union of Pennsylvania, ...more »

Federal Grants
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Guilford schools spend federal grant money on conventional kinds of reform
Greensboro News & RecordMarch 3, 2012

By Morgan Josey Glover GREENSBORO — The $4.6 billion in federal improvement grants awarded to struggling schools over the past three years were intended to fund ambitious reforms that would close the decades-long achievement gap between rich and poor, ...more »

Antitrust Law, Domestic
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Criminal case against AU Optronics heads to jury
ReutersMarch 1, 2012

By Dan Levine SAN FRANCISCO, March 1 (Reuters) - A US jury began deliberations on Thursday in a criminal antitrust case against AU Optronics Corp, in which the Taiwan-based electronics company is accused of fixing prices in the liquid crystal display ...more »

Foreign Investments
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International ambitions to boost investment in city
This is NottinghamMarch 1, 2012

"We are delighted that UKTI East Midlands attended last night to set out how they can support business in international trade and attracting Foreign Direct Investment." The event was also addressed by Brad Miller, the managing director of East Midlands ...more »

Franchising
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Sox DH Dunn starting with basics
Chicago TribuneMarch 2, 2012

"I'm not doing anything that I normally don't do to get ready for Opening Day," said Dunn, who is trying to raise his .159 batting average and cut down his franchise record 177 strikeouts. "But there are certain things I need to work on.more »

Banking Law
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Calif. election groups sue ex-campaign treasurer
Sacramento BeeMarch 1, 2012

Durkee was arrested last September on mail fraud charges. For more than two decades, she had managed campaign finances for many California Democrats and was trusted to the extent that she had signature authority over many of their bank accounts.more »

Gaming Law
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With stadium plan, Dayton carries on unfortunate legacy of 'gambling governor'
MinnPost.comMarch 2, 2012

As biographer Betty Wilson noted, Perpich is remembered by some as “the gambling governor.” Expanded charitable gambling in 1978 by permitting the use of paddle wheels, tip boards and raffles (he allowed the bill to become law without his signature).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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Japan's radiation cleanup is trial and error
The Associated PressMarch 5, 2012

Major construction companies and others won government contracts to experiment with various methods to remove and compact the overwhelming volume of waste. Those found effective will be chosen for further cleanup starting in April.more »

Business Law
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CatholicVote Files Suit Against HHS on Behalf of Missouri Business Owner
MarketWatch (press release)March 15, 2012

The CatholicVote.org Legal Fund today filed a first-of-a-kind federal lawsuit against the Department of Health and Human Services (HHS) on behalf of a Missouri business owner who contends the HHS mandate violates his constitutionally-protected ...more »

Institutional Investing
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Treasurer: Illinois has no investment ties to Iran
The State Journal-RegisterMarch 1, 2012

The Jewish United Fund of Metropolitan Chicago played a key role in the passage of a 2007 Iran divestment law in Illinois. Jay Tcath of the group says the law required the state's pension funds to divest from Iran, but there was no such obligation ...more »

Commercial
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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 »

Tourism Law needs to be amended to protect tourists
VietNamNet BridgeMarch 3, 2012

... of the Law on Tourism on February 29, Huynh Tan Vinh, Chairman of the Tourism Association of Danang City, said that protection of visitors must be legalized and it is needed to have tourism police to protect the interests of tourists.more »

Commercial Bankruptcy
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Pomerantz Law Firm Investigates Claims on Behalf of Investors of Seracare Life ...
Business Wire (press release)March 1, 2012

NEW YORK--(BUSINESS WIRE)--Pomerantz Haudek Grossman & Gross LLP is investigating claims on behalf of investors of SeraCare Life Sciences (“SeraCare” or the “Company”) (NASDAQ: SRLS) (ISIN: US81747T1043) concerning the proposed acquisition of SeraCare ...more »

Internal Investigative Services
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6 Phoenix officers suspended in photo inquiry are cleared of criminal conduct
The RepublicMarch 1, 2012

Sgt. Trent Crump says the internal investigation that will determine whether the officers will be punished for violating department policies remains ongoing. Sgt. Trent Crump says the internal investigation that will determine whether the officers will ...more »

Commercial Leasing
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Group Sues Over Mineral Rights
Wheeling IntelligencerMarch 1, 2012

A group of 33 landowners filed a lawsuit regarding their oil and gas lease rights in Columbiana County Common Pleas Court on Monday. The lawsuit filed by the Canton, Ohio, law firm of Tzangas Plakas Mannos and Raies Ltd., involves about 3000 acres in ...more »

International Transactions
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SDRL - FLAGGING/FOLLOW UP ON MANDATORY NOTIFICATION OF TRADE BY HEMEN HOLDING ...
ReutersMarch 1, 2012

... physically settled put option transaction with Goldman Sachs International ("Seller Put Option") with a 90 day average maturity on 24m Shares with a strike price set at the closing price on the New York Stock Exchange at Norwegian Kroner 235,1419.more »

Communications & Media
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India, China growth pushing fuel prices: US
IANSMarch 1, 2012

A corporate retail face of IANS Group, www.ianslive.in presents to you a vivid world of news, views, features, gossips, entertainment, business, sports, international, videos/photos and what not. Operational 24/7 and currently available in English, ...more »

Alabama Bill Would Require Licensing of Public Adjusters
ClaimsJournal.comMarch 5, 2012

Unlike most states, Alabama law is silent on whether homeowners with a damage claim can enlist the service of a public adjuster to handle their claim as opposed to waiting for their insurance company's adjuster. As a result, no one knows how many ...more »

Construction & Development
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More asbestos claims filed in St. Louis Circuit Court
Madison County RecordMarch 1, 2012

Steven M. Aroesty of the Napoli, Bern, Ripka, Shkolink law firm in Edwardsville brought the suit on behalf of the Williams. Randy L. Gori and Barry Julian of Gori, Julian and Associates brought the suit on behalf of the Buckelews and the Lemoines.more »

Locating Funds
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Legislature passes bill allowing hard-hit timber counties to tap road funds...
OregonLive.comMarch 5, 2012

It allows Coos, Curry, Douglas, Josephine, Klamath, Lane and Linn counties -- among the worse hit -- to set aside state law and use road fund money for law enforcement patrols. That portion of the bill sunsets in January 2016.more »

Contracts Involving State & Minicipality
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Stockton mediation first case under new Calif. law
San Jose Mercury NewsMarch 1, 2012

AP SACRAMENTO -- Beleaguered Stockton is the first California city to test a new union-backed law aimed at protecting public employee contracts by making it harder for municipalities to file bankruptcy. Stockton is trying to avoid becoming the most ...more »

Mergers, Acquisitions & Divestitures
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Chadbourne & Parke Appoints Two International Partners, One International ...
MarketWatch (press release)March 2, 2012

Alejandro Landa, based in Chadbourne's Mexico City office, counsels companies and financial institutions on a broad range of legal issues with a particular emphasis on financial, securities and corporate transactions including public bids, ...more »

Controlled Substances Law
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Deaths spur research into exactly what's in little pills calling themselves ...
National PostMarch 19, 2012

Having presented his research to Health Canada, Hudson recently learned Health Canada has deemed BZP enough of a risk to propose adding it to Schedule III of its Controlled Drugs and Substances Act. Hudson hopes to conduct research on other ecstasy ...more »

Mortgages & Foreclosures
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'Sovereign movement' on the rise in U.S.
Tucson CitizenMarch 30, 2012

The rapid growth, according to the law center, has been fueled by a collision of factors, from the troubles related to the struggling economy and foreclosure crisis to the election of President Obama, the nation's first black president.more »

Corporate Finance & Taxation
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Summit targets taxation and youth jobs
IrishExaminer.comMarch 1, 2012

Irish officials point out that there is no mention of adopting any of the tax changes, including on the common consolidated corporate tax base and the financial transactions tax. Ireland is opposed to both but has agreed to discuss the corporate tax...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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Classic car dealer bankrupt
Fort Wayne Journal GazetteMarch 1, 2012

Bunker Lakes Inc., which does business as Bunker Lakes Dealership, has filed for Chapter 11 bankruptcy, but it is unclear whether President Kristin McGrade will continue the operation or just try to settle her debts. McGrade is the wife of former ...more »

Professional Corporations
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US Supreme Court hears corporate human rights abuse case
GlobalPostMarch 1, 2012

Shell argues that the 223-year-old law applies to individuals, not corporations and that allowing the suit to proceed would damage the US's ability to conduct foreign policy, and discourage investment in developing nations. Shell's lawyers say that ...more »

Customs Disputes
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Boko Haram storms fertiliser markets for bombs •4 killed as sect bombs ...
Nigerian TribuneMarch 1, 2012

OPERATIVES of the dreaded Islamic militant sect, Boko Haram are said to have started combing fertiliser markets in search of materials to be used for bombs following the decision of security agencies to tighten rules on use of dynamites and explosives.more »

Public Offerings
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House passes trio of weapons bills
Alexandria Echo PressMarch 1, 2012

A number of state law enforcement and county attorney organizations opposed the bill. They have said the legislation would make their work more dangerous and could make it easier to defend murder. The bill includes a provision saying a person cannot ...more »

Debt Collection
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LA council gives green light to banking ordinance
CBS NewsMarch 1, 2012

Under the proposed law, banks that have contracts with city agencies would have to provide information about how much money they invest in the city, how much is given out in loans to small businesses and homeowners, and the number of foreclosures, ...more »

Reorganizations & Restructuring
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Drydocks World Sees Contracts Worth $350 Million After Debt Deal
BusinessWeekMarch 19, 2012

By Tamara Walid on March 19, 2012 Drydocks World LLC, which owns the Middle East's biggest shipyard in Dubai, expects to win contracts worth $350 million after a debt reorganization agreement with lenders is completed, its chairman said.more »

Debt Settlement
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Merkley Reintroduces Bill to Provide Relief to Americans Struggling with ...
Salem-News.ComMarch 2, 2012

The Medical Debt Responsibility Act will prohibit consumer credit agencies from using paid off or settled medical debt collections in assessing a consumer's credit worthiness. (WASHINGTON DC) - Oregon's Senator Jeff Merkley reintroduced legislation ...more »

State & Minicipal Bonds
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Maryland law proposed to redefine agency
Boston.com (blog)March 1, 2012

The legislature in Maryland is taking a look at their agency disclosure law right now. I could explain agency pretty easily. In Massachusetts, the form reads: (Check one) ____The real estate agent listed below, the real estate firm or business listed ...more »

Directors' & Officers' Liability
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Christian TV Network Trinity Broadcasting Hit with Lawsuit
Opposing ViewsMarch 1, 2012

"The defendants knowingly and purposefully sued plaintiff on nonexistent contracts pursuant to a malicious campaign of retaliation and intimidation aimed primarily at Trinity Broadcasting Network's former Chief Financial Officer, Director of Finance, ...more »

Trade Associations
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Plaintiffs optimistic in EPA case
Legal News LineMarch 2, 2012

Legal Newsline contacted a lawyer for the lead plaintiff, the Coalition for Responsible Regulation, and an official with the National Federation of Independent Business, another plaintiff, to gauge their reaction the day following the two days of ...more »

False Advertising
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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 »

Unfair Competition
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Milwaukee Solar PV Manufacturer Comes Out Publicly in Support of CASM Trade ...
CleanTechnicaMarch 10, 2012

... Helios and fellow Coalition for American Solar Manufacturing (CASM) members assert anti-dumping and unfair trade petitions the group has filed with the US Commerce Dept. and International Trade Commission. Competition is fine and good; ...more »

Federal Contracts
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Violations of policy, law revealed in Questa audit
Taosnews.comMarch 2, 2012

“We are unaware of any legal authority that supports the village attorney's claim that a councilor can 'wrongly abstain,'” the auditor responded. Another finding relates to procurement. Of 272 disbursements tested, the audit states, eight lacked a ...more »

Venture Capital
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Phosphate Therapeutics acquires novel phosphate binder (PT20) from the Medical ...
PipelineReview.com (press release)March 5, 2012

At the same time funding of up to €10.5m has been secured from Inventages Venture Capital (Inventages) to complete the Phase 2 development of PT20. Patients with late-stage renal disease suffer from systemic phosphate accumulation, hyperphosphataemia, ...more »

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