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

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Stanislaus County Sheriff: Pot Farms Increasing Problem
KCRA SacramentoMarch 1, 2012

Stanislaus County Sheriff Adam Christianson applauds the US Attorney's announcement that it will be working with local law enforcement to further crack down on marijuana farms. Sheriff Christianson said the Stansilaus Drug Enforcement Agency, ...more »

Tobacco health labels violate free speech
msnbc.comMarch 1, 2012

By Jeremy Pelofsky WASHINGTON — A US judge sided with tobacco companies on Wednesday, ruling that regulations requiring large graphic health warnings on cigarette packaging and advertising violate free-speech rights under the US Constitution.more »

Business Law News and Stories

Advertising
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Plaintiffs' lawyers spend millions in online ads. Should we care?
Thomson Reuters News & InsightMarch 1, 2012

ILR's president, Lisa Rickard, said in a press release that the report reveals trial lawyers' client-trawling tactics. "This new research shows how the practice of law in the United States has gone from a noble calling to often times a large commercial...more »

Federal Grants
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Statement on Federal Threats to Texas' Women's Health Program
Sacramento BeeMarch 1, 2012

This federal interference negates that guarantee, and infringes on the representative government of the states. "The Supreme Court warned long ago in United States v. Butler that unless the power of the federal government to condition federal grants...more »

Antitrust Law, Domestic
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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
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Live! Mumbai horror: Woman dragged into car and molested
RediffMarch 1, 2012

10:56 FDI down 33% in Dec to $1.35 bn: Foreign direct investment in India declined about 33 per cent to USD 1.35 billion (Rs 7124 crore) in December 2011, over the same month in the previous year, an official said. FDI inflows in December 2010 totalled ...more »

Franchising
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Dysentery Outbreak Complaints Mount Up
Courthouse News ServiceMarch 2, 2012

Seventy-three other people have filed lawsuits against the franchise. Lesus's complaint states: "Tania Lesus purchased and consumed a tuna sub sandwich from defendant's Subway restaurant on February 25, 2010. On or about the next day .more »

Banking Law
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Angry bank customers turn to credit unions
Seacoastonline.comMarch 2, 2012

"Deposit accounts play a critical role in the lives of most Americans, but these products and the laws governing them are complicated," said the bureau's director, Richard Cordray. "Consumers need someone on their side to keep banks and credit unions ...more »

Gaming Law
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22 more Michigan casinos proposed
WZZMMarch 5, 2012

(DETROIT FREE PRESS) - Private investors and Indian tribes are proposing 22 new casinos across lower Michigan, and metro Detroit clearly is among the targets of the gambling gold rush. Hopefuls are wagering - against long odds - on plans that could ...more »

Business Formation
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Lawyer defends DeSoto doctor accused of Medicare fraud
WFAAMarch 1, 2012

"Dr. Roy was not at all involved with the business of his practice, and was not a businessman," the attorney said. "The prior business manager was a tyrant, not a business manager, and probably a thief." The Texas Board of Medical Examiners admits it ...more »

Government Construction Contracts
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Federal Judge Strikes Down Michigan Law That Outlawed Local Project Labor ...
Bradenton HeraldMarch 2, 2012

The now-overturned law prohibited local communities from entering into contract terms that "requires, prohibits, encourages, or discourages bidders, contractors, or subcontractors from entering into or adhering to agreements with a collective ...more »

Business Law
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NJ small business needs a health care exchange
The Star-Ledger - NJ.com (blog)March 16, 2012

By Star-Ledger Guest Columnist By James K. Conklin Running the architectural woodworking business my wife and I founded in 1978 is a full-time-and-a-half job for both of us, so we require something pretty compelling to pull either of us away.more »

Institutional Investing
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Investments in Zimbabwe are protected - Lionel October
Moneyweb.co.zaMarch 1, 2012

“Our investment protection agreement means all our investments are protected and they cannot be expropriated,” October told reporters in Cape Town today. “The bilateral agreement is law and that is sacrosanct.” Zimbabwe, which with South Africa holds ...more »

Commercial
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Noor Islamic Bank severs ties with Iran banks amid US pressure
Legal Business OnlineMarch 1, 2012

The Noor Islamic Bank said it severed ties with Iranian banks in December last year. "As a UAE bank, we comply with all UAE Central Bank and UAE government directives and international regulations, including those emanating from the UN regarding ...more »

The Independent Payment Advisory Board
Center For American ProgressMarch 5, 2012

Former House Speaker Nancy Pelosi (D-CA), right, with Health and Human Services Secretary Kathleen Sebelius, speaks about benefits and answers questions about the Affordable Care Act and Medicare during a news conference on Capitol Hill in May 2010.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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Nassau Cop Scandal: DA Probe Ongoing
Long Island PressMarch 8, 2012

Reporters and camera crews clamored to get a shot as they turned themselves in to face charges they had squashed a criminal investigation into the son of a wealthy police foundation donor. Some had staked out the building's two entrances in the ...more »

Commercial Leasing
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What's Good for the Lease is Good for the Lender
RenewableEnergyWorld.comMarch 1, 2012

Commercial enterprises looking to reduce energy costs, but which are also unable to budget large upfront costs, can achieve the necessary savings over the longer term by acquiring leased assets. Reasons to lease in emerging markets abound, in fact.more »

International Transactions
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Offshore RMB markets
China Economic ReviewMarch 5, 2012

The “law of one price” dictates that identical goods should have one value – otherwise, prowling investors arbitrage away any differences. It is a law that China remains intent on breaking. Mainland officials have allowed a pool of the currency to be ...more »

Communications & Media
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Media publisher, activist Andrew Breitbart has died at 43
Chicago Sun-TimesMarch 1, 2012

He was walking near his house in the Brentwood neighborhood shortly after midnight Thursday when he collapsed, his father-in-law Orson Bean said. Someone saw him fall and called paramedics, who tried to revive him. They rushed him to the emergency room ...more »

Law is law, even on Family Day
Edmonton JournalMarch 2, 2012

Re: "Family Day crackdown," by Bill Thompson, Letters, Feb. 23. Bill Thompson was irked that City of Edmonton bylaw officers were - gasp! - doing their job by ticketing taxpaying residents who were out with unlicensed or untagged dogs on Family Day.more »

Construction & Development
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Restaurant to Pay Workers in Wage-Theft Case
New York Times (blog)March 1, 2012

Wage theft is particularly rampant in industries where many illegal immigrants work, including the restaurant, retail and construction sectors. The new law created additional remedies for workers who have experienced retaliation, including damages of ...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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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 »

Mergers, Acquisitions & Divestitures
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Atlanta Gas Light issues request for proposals for compressed natural gas ...
ReutersMarch 1, 2012

... fuel prices continue to make headlines, Atlanta Gas Light Company (AGL) today issued a request for proposals (RFP) for parties interested in developing Compressed Natural Gas (CNG) fueling stations for commercial and passenger vehicles in Georgia.more »

Controlled Substances Law
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Local schools look at issue concerning legal synthetic marijuana
Barrow JournalMarch 26, 2012

A bill is currently being pushed in the Georgia legislature that addresses the versions of synthetic marijuana that do not fall under the controlled substances act. If Senate Bill 370 passes, all versions of synthetic marijuana will be illegal, ...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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Pros, cons of business incentives bill debated
Montgomery AdvertiserMarch 1, 2012

Phil Williams, R-Gadsden, told the Senate's Finance and Taxation Education committee that the legislation would be needed to preserve a Goodyear plant in Gadsden, which employs about 1656 people. Williams said the plant, which has received state ...more »

Non-Profit Corporations
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Marijuana center: End the hysteria
Asbury Park PressMarch 3, 2012

Earlier this week, Township Council members, apparently jittery, failed to act on the nonprofit organization's request to give the Zoning Board some guidance on how to proceed. We hope Jackson doesn't fall prey to the same ill-founded fears that caused ...more »

Creditor's Rights
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Epic Poker League company files for bankruptcy
Las Vegas Review - JournalMarch 1, 2012

By Howard Stutz The company that owns and manages the upstart Epic Poker League has filed for Chapter 11 bankruptcy reorganization. Federated Sports + Gaming, a company started by former World Series of Poker Commissioner Jeffrey Pollack, ...more »

Professional Corporations
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The Law Firm of Weiss & Lurie Investigates Pacific Capital Bancorp
MarketWatch (press release)March 13, 2012

Weiss & Lurie is investigating whether Pacific Capital's Board acted in the best interests of its shareholders in approving the transaction and whether the Board took steps to maximize the value of Pacific Capital stock, such as by providing a level ...more »

Customs Disputes
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ICE makes 45 arrests in sweep of Connecticut and Massachusetts
New Haven RegisterMarch 1, 2012

By Register Staff / Contact Us HARTFORD — US Immigration and Customs Enforcement, working with other law enforcement organizations, arrested a total of 45 previously-convicted “criminal aliens” in a four-day sweep in Connecticut and Massachusetts, ...more »

Public Offerings
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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 »

Debt Collection
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Whyte's lawyers in bankruptcy fear
Herald ScotlandMarch 2, 2012

THE law firm at the heart of Craig Whyte's Rangers takeover could face bankruptcy if a legal ruling forces it to pay out millions of pounds for its involvement in an alleged sham investment scheme. The revelation comes as Rangers players prepare to ...more »

Reorganizations & Restructuring
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A&P Emerges from Chapter 11
Supermarket NewsMarch 14, 2012

... Mount Kellett Capital Management, Yucaipa Cos. and investment funds managed by Goldman Sachs Asset Management have provided $490 million in debt and equity financing to sponsor A&P's reorganization plan and complete its balance sheet restructuring.more »

Debt Settlement
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FTC Sentinel Network Only Tells Part of the Story on Debt Collection Complaints
Bradenton HeraldMarch 1, 2012

"However, the FTC's report doesn't explain several relevant underlying factors contributing to the increase in the number of complaints against the third-party debt collection industry." FTC complaints do not necessarily equal bad behavior.more »

State & Minicipal Bonds
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Bloomberg BNA Offers Comprehensive Update on the Business of Doing Business in ...
MarketWatch (press release)March 1, 2012

"Notwithstanding the opportunities, India is a tough place to do business and challenges exist, including corruption, backups in the court system, infrastructure shortages, complex and ever-changing tax laws and compliance requirements, shortages of ...more »

Directors' & Officers' Liability
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First Community Bancshares, Inc. Announces Signing of Definitive Merger ...
MarketWatch (press release)March 1, 2012

John Mendez, President and Chief Executive Officer of First Community, stated, "We are pleased to be joining forces with Peoples Bank of Virginia and their exceptional banking team to expand our operations in the growth markets in and around Richmond, ...more »

Trade Associations
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Idle regulation may impact gas prices
Pittsburgh Post GazetteMarch 4, 2012

But even if bureaucrats agree on the kinds of investors that should be subject to the rule, regulatory efforts could be stymied by lack of funding for enforcement or -- more definitively -- by court action sought by Wall Street investors who say the ...more »

False Advertising
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School bus advertising measure clears House
The News-PressMarch 1, 2012

TALLAHASSEE - The Florida House has passed legislation that would permit some advertising on the sides of Florida school buses and require the online posting of legal notices. The school bus bill (HB 19) was passed 108-7 on Wednesday.more »

Unfair Competition
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EU plans to tackle double non-taxation
Gibraltar ChronicleMarch 1, 2012

Double non-taxation deprives Member States of significant revenues and creates unfair competition between businesses in the Single Market, the European Commisison said yesterday. “It occurs when cross-border companies escape paying taxes due to ...more »

Federal Contracts
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Fast-Growing Government Contractor Selects Deltek Costpoint to Power Its ...
MarketWatch (press release)March 1, 2012

It selected Deltek Costpoint to implement one cohesive, integrated system that could manage its critical business processes and allow the company to focus on competing and winning additional types of government contracts. Additionally, one of the ...more »

Venture Capital
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Adaptivity™ Closes Second $3 Million in Equity Financing
Bradenton HeraldMarch 2, 2012

By Adaptivity CHARLOTTE, NC, March 1, 2012 — /PRNewswire/ -- Adaptivity, The IT Blueprint Company™, which provides an intelligent IT blueprinting software suite, announced today that it closed the second $3.0 million tranche of Series B venture...more »

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