Business Law News. Crime Stories, Law on News and Legal Publications in February, 2017

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Who is Neil Gorsuch?
ThinkProgressFebruary 1, 2017

Judge Neil Gorsuch is Republican nobility — the son of Anne Gorsuch Burford, who spent her brief tenure as President Reagan's EPA administrator cutting staff and gutting anti-pollution regulations before resigning amidst scandal. More than three ...more »

Judge rules state wrongly sought to block Cleveland's Fannie Lewis Law, other local hiring ordinances
cleveland.comFebruary 1, 2017

CLEVELAND, Ohio - A Cuyahoga County judge ruled Tuesday that the state overstepped its constitutional authority when it sought to thwart Cleveland's requirement that city residents get to work on public projects and permanently blocked the state law ...more »

Business Law News and Stories

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3rd Circ. Revives False Ad Class Action Against Pa. Power Co.
Law360 (subscription)February 1, 2017

Law360, New York (February 1, 2017, 6:21 PM EST) -- The Third Circuit on Wednesday revived a proposed class action claiming a Pennsylvania energy company lied to customers about the amount of energy savings they would see after switching power ...more »

Federal Contracts
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Woodlands board names incorporation planning, law enforcement contract negotiation among 2017 priorities
mySanAntonio.comFebruary 1, 2017

The priorities listed included: being vigilant in budgeting; planning for incorporation; passing a legislative initiative related to clarifying governance; completing the scheduled capital projects; renegotiating the township's law enforcement contract ...more »

Antitrust Law, Domestic
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NCAA agrees to pay $208 million settlement in antitrust case ...
Herald-WhigFebruary 4, 2017

The NCAA and 11 major conferences have agreed to pay $208.7 million to settle a class-action lawsuit filed by scholarship college athletes who competed ...more »

Federal Grants
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The Latest: Trump focuses on religious, personal liberty
Boston HeraldFebruary 2, 2017

President Donald Trump is questioning whether the University of California at Berkeley should be granted federal funding. Trump urges the school to honor free speech. Protesters hurled smoke bombs, broke windows and started a bonfire prompting ...more »

Foreign Investments
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Treasury Form SHC and Private Fund Advisers
The National Law ReviewFebruary 3, 2017

An adviser to hedge funds, private equity funds or other private investment funds may have to file Form SHC if its private funds that are organized in the United States own, in the aggregate, at least $200 million of foreign securities. A private fund ...more »

Banking Law
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Former Aliquippa hoops star pleads guilty to bank robbery
Pittsburgh Post-GazetteFebruary 2, 2017

Herbert Pope Jr., 28, pleaded guilty in U.S. District Court to bank robbery, armed bank robbery and brandishing a gun during a crime of violence while robbing Sewickley Savings Bank last February. A case ... He faces nearly a decade in federal prison.more »

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Entrepreneur celebrates franchise success after starting up with no industry experience 1, 2017

In fact, Rochead attributes his previous career at a sports construction company for helping him drive the growth of his new franchise business. Rochead has noted that in his previous job he became accustomed to providing the customer service he now ...more »

Business Formation
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Carpenter Technology Corporation (CRS) Stock Price Up 0.5% Following Earnings Beat
Sports PerspectivesFebruary 5, 2017

Receive News & Ratings for Carpenter Technology Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carpenter Technology Corporation and related companies with ...more »

Gaming Law
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Judge clears Aces Wired attorney of bribery
Austin American-StatesmanFebruary 12, 2017

Stephen Fenoglio was found not guilty of bribing Ed Adcock for inside information that law enforcement officers were planning raids of Aces Wired gaming parlors across the state in 2008. The raids eventually resulted in the dissolution of the company ...more »

Business Law
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Entrepreneurs: Health law changes may mean finding new jobs
The Denver PostFebruary 5, 2017

That's the choice some small business owners and freelancers are worried they may have to make, depending on what changes Congress makes in the health care law. The ability to buy individual insurance on exchanges in each state helped some of ...more »

Government Construction Contracts
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Carol L. O'Riordan
The National Law ReviewFebruary 13, 2017

Carol L. O'Riordan is the founder and managing partner of the O'Riordan Bethel Law Firm in Washington, D.C. She has more than 25 years of experience in the fields of government contracts (federal, state and municipal), construction contracts and ...more »

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Lawyering Up
BU TodayFebruary 3, 2017

Law graduates, according to the story, are caught up in a broad transformation of the legal profession, one that has shrunk the market for newly minted lawyers, most in the grip of worrying amounts of debt. The change has also trimmed the number of ...more »

Institutional Investing
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Thai-Myanmar council push
Bangkok PostFebruary 13, 2017

Thai businesses are ramping up ties with their Myanmar counterparts in five main areas -- agriculture, border trade, energy, industrial development and tourism -- to tap into vast investment opportunities in the neighbouring country. ... government is ...more »

Commercial Bankruptcy
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New Rules, New Secretary? As Spring Inches Closer, We're Getting Warmer.
JD Supra (press release)February 1, 2017

Will the Department of Labor's new overtime rule go into effect? When will a new Secretary of Labor be confirmed? We don't have the answers just yet, but a lot has happened over the last few weeks to inch us closer. As things heat up, we wanted to ...more »

Trump to order regulatory rollback Friday for finance industry, Wall Street, top aide says
Washington PostFebruary 3, 2017

President Trump plans to order a rollback Friday of regulations governing the financial services industry and Wall Street under the Dodd-Frank law and beyond. Gary Cohn, White House Economic Council Director told the Wall Street Journal the ...more »

Commercial Leasing
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Crime scene is focus in ex-MPD officer's trial
The Commercial AppealFebruary 2, 2017

As the murder trial of former Memphis police officer Jaselyn D. Grant entered a third day, prosecutors Thursday focused on the findings of crime scene investigators. Sgt. Jason Valentine, crime scene supervisor for the Shelby County Sheriff's Office ...more »

Internal Investigative Services
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Identification issue 'hamstrings' Hampden DA case of alleged beatings by off-duty officers
MassLive.comFebruary 2, 2017

Gulluni said four city police officers who were off-duty at the time of the incident asserted their Fifth Amendment privilege when questioned about the incident by the police department's Internal Investigations Unit. "It is what is its. It is what it ...more »

Communications & Media
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Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against BT Group plc
Yahoo FinanceFebruary 1, 2017

Robbins Geller is widely recognized as one of the leading law firms advising U.S. and international institutional investors in securities litigation and portfolio monitoring. With 200 lawyers in 10 offices, Robbins Geller has obtained many of the ...more »

International Transactions
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5 landmines ahead for the GOP's corporate tax overhaul
Christian Science MonitorFebruary 9, 2017

“There is no tax like this anywhere in the world,” said Columbia University law professor Michael Graetz, who has written extensively on his own VAT proposal. Both men spoke at a program sponsored by the International Tax Policy Forum and the ...more »

Construction & Development
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Roundabout construction to block south end of San Pedro Avenue until July
mySanAntonio.comFebruary 1, 2017

It will raise medians, install 10-foot shared-use paths to improve bicycle and pedestrian movement, and include landscaping and a public art component. A public pre-construction meeting about the roundabout will be held Thursday, from 4 p.m. to 5:30 p ...more »

FTC and DOJ Issue Revised Guidelines for Licensing of Intellectual Property
JD Supra (press release)February 7, 2017

Since the Federal Trade Commission (FTC) and the Antitrust Division of the US Department of Justice (DOJ) first issued the Antitrust Guidelines for the Licensing of Intellectual Property (Guidelines) in 1995, both antitrust law and intellectual ...more »

Contracts Involving State & Minicipality
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Complimentary Online Business Law Education for Small Business Owners and Entrepreneurs
IT Business NetFebruary 1, 2017

Seasongood Law Inc., founded by lawyer and entrepreneur Coco Soodek, is partnering with Geniecast to provide complimentary online business law education to small business owners. The videocasts will discuss a variety of topics in the business law ...more »

Locating Funds
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Gov. Robert Bentley used campaign funds to pay Rebekah Mason's lawyer
AL.comFebruary 2, 2017

Gov. Robert Bentley's campaign used funds to pay legal fees for former political adviser Rebekah Mason, according to news reports. Bentley's annual campaign finance report, filed Tuesday, showed the campaign paid $8,912 to the law firm Copeland Franco ...more »

Controlled Substances Law
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CBD Oil Lawsuit To Reverse DEA Ruling?
Oregon Cannabis ConnectionFebruary 10, 2017

The attorneys at Hoban filed the lawsuit which stated that “the final rule creates this new drug code, indicative of being a controlled substance, for substances which are in fact not controlled pursuant to the (Controlled Substances Act). Specifically ...more »

Mergers, Acquisitions & Divestitures
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Ciber, Inc. (CBR) Reports Amendment to Credit Facility
StreetInsider.comFebruary 1, 2017

... by January 31, 2017, close a potential refinancing, refinancing, or any merger, acquisition, joint venture, divestiture, or other disposition of some or all of the assets of the Company (a “Financial Transaction”) with aggregate proceeds of at ...more »

Corporate Finance & Taxation
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Schoenherr law firm announces three promotions
Budapest Business JournalFebruary 2, 2017

Soňa Hekelová is a partner in Schoenherr's Bratislava office, where she specializes in corporate/M&A, banking and finance (including banking regulatory) and real estate. She advises both national and international clients on acquisitions, sales ...more »

Non-Profit Corporations
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Trump suggests yanking fed dollars if California's a 'sanctuary' — can he do that?
YubaNetFebruary 9, 2017

Broadly speaking, a city, county, or state is considered to have sanctuary status if it puts some restrictions on the degree to which its law enforcement officials can enforce immigration law. Opponents call this obstruction of federal law; sanctuary ...more »

Creditor's Rights
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Notable Business Bankruptcy Rulings Of 2016
Mondaq News Alerts (registration)February 2, 2017

After filing for bankruptcy, Energy Future Holdings Corp. ("EFH") proposed to refinance first-and second-lien notes without paying "make-whole" premiums provided for in the governing indentures designed to compensate the noteholders for early repayment ...more »

Professional Corporations
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As private lawyer, Trump high court pick was friend to business
ReutersFebruary 1, 2017

WASHINGTON As a lawyer in private practice for a decade, President Donald Trump's U.S. Supreme Court nominee Neil Gorsuch often fought on behalf of business interests, including efforts to curb securities class action lawsuits, experience that could ...more »

Customs Disputes
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Tanzania EPA Stance Dims Kenya's Bid for Uniform Customs Rules
AllAfrica.comFebruary 1, 2017

Kenya's bid to build a shared customs with its neighbours in East Africa remains in limbo as Tanzania continues to show reluctance to sign a crucial pact with the European Union as deadline nears, a new report says. The report by financial advisory ...more »

Public Offerings
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Millville court position goes to Vineland law firm, mayor angry over award
Vineland Daily JournalFebruary 10, 2017

MILLVILLE – The division of municipal legal work was back as a flashpoint for City Commission. Commissioners voted 3-2 this week to award a one-year contract for public defender to the firm Testa, Heck, Testa & White of Vineland. It submitted the lower ...more »

Debt Collection
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Murtha Launches Appellate, Banking Blogs
Connecticut Law TribuneFebruary 1, 2017

The other, "Community Banking Insights," has posts about foreclosure law, debt collection and many other topics of interest to banking institutions. Murtha Cullina managing partner Jennifer M. DelMonico says that even though blogging does not add ...more »

Reorganizations & Restructuring
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BRIEF-Western Potash Corp announces corporate restructuring
ReutersFebruary 1, 2017

SAO PAULO, Feb 1 The board of Brazil's fourth-largest wireless carrier Oi SA on Wednesday decided to first solve its court-supervised reorganization before discussing a potential capital increase or new investments, a source told Reuters.more »

Debt Settlement
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Trump's Interests vs. America's, DC Hotel Edition
The AtlanticFebruary 1, 2017

In accordance with a plan that he and one of his lawyers, Sheri Dillon, laid out at a press conference on January 11, Trump has filed paperwork to remove himself from the day-to-day operation of his eponymous organization. ... (CREW has also filed a ...more »

State & Minicipal Bonds
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The GOP is using an obscure law to quietly repeal 5 major Obama-era regulations
Business InsiderFebruary 3, 2017

In government, there are ways to make a splash and ways to quietly get things done. President Donald Trump made a splash on Monday with an executive order requiring that for every new regulation in the Federal Register, two get rolled back. The idea ...more »

Directors' & Officers' Liability
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1st Annual MENA Financial Lines Symposium 2016
Mondaq News Alerts (registration)February 1, 2017

The panel discussed that increasing regulatory activity in the financial hubs, new company and insolvency laws, and business activity becoming increasingly global all pointed towards an uptake in demand for D&O cover and that the volume of ...more »

Unfair Competition
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Former Cheerleaders Sue the NFL, Alleging Conspiracy Over Unfair Wages
ABC NewsFebruary 1, 2017

The lawsuit alleges the 26 named NFL teams paid cheerleaders around $100 per game and in some cases did not compensate them at all for time spent rehearsing or for other mandatory public appearances. The lawsuit also claims the teams and the NFL ...more »

False Advertising
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End of adult ads doesn't slow torrent of sex trafficking in metro area
Minneapolis Star TribuneFebruary 2, 2017

Despite accelerated arrests and prosecutions in all metro counties, the sex trafficking problem remains daunting for law enforcement. Easy internet hookups have driven what once was known as urban street prostitution to the suburbs, leading to a sharp ...more »

Venture Capital
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General Catalyst Invests $20M In Commerce Platform Feedvisor
PYMNTS.comFebruary 1, 2017

Feedvisor, an algorithmic commerce startup that helps sellers optimize their inventory and increase sales in online marketplaces, has secured $20 million in Series B funding from General Catalyst. This brings the site's total amount raised to $33 million.more »


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