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

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Health Law Alert: Providers Beware: OIG Alert Highlights FCA Liability Under ...
JD Supra (press release)March 1, 2012

A recent OIG Alert highlights potential False Claims Act (FCA) liability for physicians whose services are billed to Medicare under an independent contractor reassignment. The February 8, 2012, Alert titled, "OIG Alerts Physicians To Exercise Caution ...more »

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 »

Business Law News and Stories

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Police: New crime measures working in Spanish Town
Jamaica ObserverMarch 1, 2012

THE police say new measures introduced recently to arrest crime in problem-plagued Spanish Town and its environs have started to reap success. "A number of persons were taken into custody of which 19 persons (all males) were arrested with respect to ...more »

Federal Grants
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Hearing set in former Notre Dame professor's case
South Bend TribuneMarch 1, 2012

A grand jury indicted Oliver Collins in July on multiple counts of fraud and theft for allegedly misusing four cameras purchased with National Science Foundation grant money while teaching electrical engineering at Notre Dame. In January, 48-year-old ...more »

Antitrust Law, Domestic
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China anti-monopoly law: what might we see in 2012?
Lexology (registration)March 1, 2012

Unlike other jurisdictions where antitrust enforcement is centralized, in China three agencies enforce the Chinese Anti-Monopoly Law (“AML”). The Ministry of Commerce (“MOFCOM”) handles mergers, while cases related to anticompetitive conduct are split ...more »

Foreign Investments
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Woman allegedly helped wealthy foreigners commit visa fraud
San Antonio ExpressMarch 1, 2012

The indictment contends the scheme would have allowed Diaz's clients to skirt the investment requirement because she included fraudulent tax forms and other information on businesses and purported employees on visa applications.more »

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Romero key in Jays' starting rotation
TheChronicleHerald.caMarch 1, 2012

He cracked the starting rotation the following spring and has now established himself as a franchise cornerstone. The team was patient with the 27-year-old left-hander and it paid off. "Now that I look back at it, I'm thankful that I went through those ...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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Casino companies want US rules for online gaming
Casino City TimesMarch 6, 2012

But with the rapid growth of Internet gaming in Europe and a recent US Department of Justice memo acknowledging that only sports wagering is illegal under the federal Wire Act, companies are lobbying for federal regulation of the industry.more »

Business Formation
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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 »

Government Construction Contracts
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Macomb County Executive's Office sues commissioners over contract power
Detroit Free PressMarch 1, 2012

By Eric D. Lawrence The Macomb County Executive's Office sued the county commissioners Wednesday in a dispute over contracting authority that has come to symbolize a power struggle between the two branches of government. County Executive Mark Hackel ...more »

Business Law
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Class Action Lawsuit In The Works For Wilson Investors
News Channel 7March 16, 2012

The Attorney General's Office says Wilson was operating a Ponzi scheme, telling investors he was buying silver. But investigators say there's no proof. A cease and desist order was issued against Wilson and his business in 1996.more »

Institutional Investing
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SEC proposes changes to Provident Fund Act
The NationMarch 4, 2012

The SEC is paying attention to building a culture of investment through long-term savings. The commissioners agreed on the law amendments, which will be forwarded to the Finance Ministry for further processing," Vorapol said. The draft amendment bill ...more »

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Local title company remains under investigation
Farmington Daily TimesMarch 1, 2012

Richard Brody, a professor at the University of New Mexico's Anderson School of Management who studies fraud and white collar crime, said businesses should not keep large amounts of cash on hand. "Generally speaking, any business should have controls ...more »

Home Health Agencies Challenge Wage Law
Courthouse News ServiceMarch 5, 2012

By MARLENE KENNEDY ALBANY, NY (CN) - Home health care providers sued New York State, claiming a new law that requires them to pay workers in the New York Metro area a so-called "living wage" of at least $9 an hour plus benefits is unconstitutional.more »

Commercial Bankruptcy
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Deals of the Day: Judge Slams Goldman Sachs, El Paso CEO for 'Tainted' Behavior
Wall Street Journal (blog)March 1, 2012

By Stephen Grocer Deals of the Day compiles this morning's biggest news about mergers and acquisitions, banking, bankruptcy and more. Catch us on Twitter, @WSJDealJournal. Kinder-El Paso: A judge declined to stop the purchase of El Paso by Kinder ...more »

Internal Investigative Services
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SEC Enforcement Update - The SEC Speaks in 2012
JD Supra (press release)March 5, 2012

“As a result of the its internal investigation, Tenaris discovered facts and transactions in Uzbekistan which Tenaris included in [a] report provided to the staff. Tenaris also 1 See Robert Khuzami, Remarks at News Conference Announcing Enforcement ...more »

Commercial Leasing
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NAIOP recognizes annual award winners
Jacksonville Daily RecordMarch 1, 2012

The Northeast Florida Chapter of the NAIOP Commercial Real Estate Development Association named winners Wednesday night of its annual awards. • Office Broker of the Year – Oliver Barakat, CBRE. • Industrial Broker of the Year – Bryan Bartlett, ...more »

International Transactions
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Recovery of assets: gratuitous transactions in a corporate group
International Law OfficeMarch 1, 2012

Companies that participate in major international business often conduct their business as a part of a corporate group. Both the legal and economic definitions of 'corporate group' vary across different jurisdictions and applicable legislation.more »

Communications & Media
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Fewer TV stations on the air could be price of helping wireless run faster
Memphis Commercial AppealMarch 2, 2012

The law, part of a payroll tax package signed by President Barack Obama last week, gives the Federal Communications Commission authority to explore such an exchange. The FCC will have to write the rules for it in the coming months.more »

Microsoft linked to anti-Apple law suit
TechEyeMarch 6, 2012

Luxembourg company, Core Wireless Licensing, is suing Apple in the Troll friendly Eastern Texas District Court claiming that it infringed on eight patents related to 2G, 3G and 4G communication protocols. he lawsuit seeks unspecified damages and future ...more »

Construction & Development
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Reynolds aluminum foil buildings to be redeveloped
Richmond Times DispatchMarch 1, 2012

WVS and Fountainhead Properties closed on the $35 million deal Wednesday, paying $7.3 million for the property with the rest designated for construction. WVS developed Rocketts Landing, a high-density, multiuse project along the James River on the ...more »

Locating Funds
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The Forefront Law Group Announces Launch
San Francisco Chronicle (press release)March 1, 2012

After rounding out his legal training as a law clerk on the First Circuit Court of Appeals and as a trial lawyer at Williams & Connolly in Washington, DC, Don turned to the business side of the legal profession. He has been a CEO or senior officer of ...more »

Contracts Involving State & Minicipality
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Local Businessman Turns to Online Reputation Management to Aid in Fight for ...
San Francisco Chronicle (press release)March 1, 2012

Graham's commercial real-estate firm caters to clients across the United States, and most recently signed a contract to work with an international investor. However, the deal nearly fell through when the investor asked Graham about his past law suits.more »

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

Kessar Nashat, based in Chadbourne's New York office, has extensive experience advising public and private companies on a broad range of corporate legal matters, with a particular emphasis on mergers and acquisitions, spin-offs and other divestitures, ...more »

Controlled Substances Law
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Two cases of domestic assault reported last week
Innisfil ScopeMarch 21, 2012

On Friday evening, a South Simcoe Police vehicle stop in Innisfil led to a 25- year-old Toronto man being charged with possession under the Controlled Drugs and Substances Act, when a quantity of marijuana was discovered in the vehicle he was a ...more »

Mortgages & Foreclosures
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Trouble in Paradise
Wall Street JournalMarch 1, 2012

And even for those unlucky to be facing foreclosure, last month's settlement with state attorneys general required banks to pay $25 billion, modify mortgages and compensate people who already have lost their homes. So you might think Marin County would ...more »

Corporate Finance & Taxation
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Residents are victims of fraud, identity thefts
Hometownlife.comMarch 1, 2012

A 58-year-old woman told police Monday that she tried to file taxes through Turbo Tax, but her return was kicked back to her because of an error. She contacted the IRS to learn that someone had filed taxes using her name and Social Security number.more »

Non-Profit Corporations
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Protesters March Against ALEC, Corporate Power
OPB NewsMarch 1, 2012

ALEC or the 'American Legislative Exchange Council' is a non-profit that has thousands of legislators as members and hundreds of corporations, like BP, Walmart and Dow Chemical.The group develops laws, which are then introduced into state legislatures ...more »

Creditor's Rights
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Kodak sells online business to Shutterfly, patent sale still pending
Reuters IndiaMarch 2, 2012

By Sue Zeidler REUTERS - Eastman Kodak Co has agreed to sell its online photo services business to Shutterfly Inc for $23.8 million, kicking off the bankrupt photography pioneer's relaunch as a much slimmer company although a patent sale seen crucial ...more »

Professional Corporations
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Corporate Welfare Republicans Vote to Make California Salmon Extinct
Bay Area IndymediaMarch 1, 2012

The House voted 246-175 to approve a water grab by powerful corporate agribusiness interests in California's San Joaquin Valley and reverse decades of laws that protect fish and water supplies. Among other things, HR 1837 will take away 260 billion ...more »

Customs Disputes
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JAMS Global Construction Solutions -- Winter 2012
JD Supra (press release)March 2, 2012

Beverley McLachlin, has written that “the trend is clear: Fewer and fewer construction cases are reaching the courts where the law is developed. Increasingly, instead of being resolved by judges, construction disputes are being sent to mediation, ...more »

Public Offerings
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Child abuse attorney not trained
Wilkes Barre Times-LeaderMarch 3, 2012

WILKES-BARRE – Luzerne County has lost out on potentially thousands of dollars in state reimbursements because an attorney who represented children in abuse cases did not obtain training required by the state. Frank Castano, executive director of ...more »

Debt Collection
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Executive Change: Weltman, Weinberg & Reis Co., LPA Welcomes New Associate in ...
InsideARMMarch 2, 2012

Weltman, Weinberg & Reis Co., LPA (WWR), the nation's largest creditors' rights law firm based on revenue and placements according to Collections & Credit Risk magazine, is pleased to welcome new associate William Clos. William Clos will be practicing ...more »

Reorganizations & Restructuring
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American asks bankruptcy judge for more time to file its restructuring plan.
Fort Worth Star Telegram (blog)March 8, 2012

American Airlines' parent company, AMR Corp., asked the bankruptcy judge for more time to file its restructuring plan with the court. In a filing made on Thursday, AMR asked to have its exclusive filing deadline extended for six months from March 28 to ...more »

Debt Settlement
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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 »

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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Pending Law Change Could Have Saved Lombard Directors 1, 2012

However, the decision contains some useful reminders for directors which should continue to be relevant when the Bill becomes law. The offences were ones of strict liability. The single issue for the Court to determine was whether: a DVD distributed in ...more »

Trade Associations
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Judges rebuff Justice Dept. in 3 FOIA cases, including order to release ...
Washington PostMarch 3, 2012

WASHINGTON — A judge has ruled that a paper prepared during free trade negotiations can't be kept secret, a rare court order to reveal a classified document and one of three significant losses the Justice Department has suffered recently over open ...more »

False Advertising
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Now internet users can watch who is spying on them
Zee NewsMarch 2, 2012

The Collusion add-on will allow users to "pull back the curtain" on web advertising firms and other third parties that track people's online movements, says Mozilla CEO Gary Kovacs. Google's business is built on advertising - the company earned $28 ...more »

Unfair Competition
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Longtime Trial, Corporate Attorneys Join Forces to Launch Hobart|Linzer, LLP ...
MarketWatch (press release)March 15, 2012

... difficult business problems by developing innovative solutions that avoid litigation, and winning at trial when litigation is unavoidable. "Both Ken and I have had extensive experience at large law firms as well as at boutique firms," said Hobart.more »

Federal Contracts
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Illinois fires women's basketball coach
Chicago Daily HeraldMarch 3, 2012

... about another disappointing men's basketball season, University of Illinois athletics director Mike Thomas turned his attention to the women's program instead Friday and fired head coach Jolette Law with two seasons remaining on her contract.more »

Venture Capital
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NZ angel investors spurn start-ups
New Zealand HeraldMarch 5, 2012

NZVIF, which administers venture capital and seed co-investment programmes for the Government, said "angels" made 97 investments in young, high-growth companies, slightly behind the previous year's record activity level, but the amount invested was ...more »


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