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

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Khursheed's statement political, moral bankruptcy: Interior ministry
The News InternationalMay 1, 2017

Linking every irrelevant thing to Interior Minister clearly reflects political, moral and personal bankruptcy of such persons. The spokesperson regretted as to why some sections of the media notice of such baseless, misleading and outlandish statements.more »

Rikers drug use rises, inmates rarely punished for getting high
New York Daily NewsMay 1, 2017

The number of times inmates refused to take a drug test skyrocketed 282%, from 288 in 2012 to 1,102 in 2016, records obtained from a Freedom of Information Law request show. Sources said the numbers mean all the tough talk on jail discipline is nothing ...more »

Business Law News and Stories

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Ninth Circuit Dismisses Consumer Claims Challenging Scientific Substantiation
Mondaq News Alerts (registration)May 3, 2017

The UCL and CLRA, as well as California's False Advertising Law, are powerful consumer protection statutes, and have been at the center of many high-profile class actions regarding allegedly misleading advertising. As demonstrated by Kwan, these ...more »

Federal Grants
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Dakotas, Tribes Getting Historic Preservation Grants
U.S. News & World ReportMay 1, 2017

Dakotas, Tribes Getting Historic Preservation Grants. Both Dakotas and tribes in the two states are getting federal grant money for historic preservation work. | May 1, 2017, at 7:01 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Dakotas ...more »

Antitrust Law, Domestic
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MVSC Files Amended Federal Complaint in Antitrust Lawsuit Against CDK Global, Inc.; The Reynolds and Reynolds ...
PR Newswire (press release)May 2, 2017

In its complaint, MVSC claims that Defendants' conduct violates federal and state antitrust laws, the California Unfair Competition Law, and the Illinois Consumer Fraud and Deceptive Business Practices Act. MVSC seeks a permanent injunction barring ...more »

Foreign Investments
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Guggenheim CurrencyShares® Exchange Traded Products Declare Monthly Distributions
GlobeNewswire (press release)May 1, 2017

NEW YORK, May 01, 2017 (GLOBE NEWSWIRE) -- Guggenheim Investments, the investment management division of Guggenheim Partners, today announced the distribution declarations for CurrencyShares® Australian Dollar Trust (NYSE:FXA).more »

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Georgia Lawmaker Sidesteps the Law to Provide Medical Marijuana to those in Need
The Ring of Fire NetworkMay 3, 2017

Someone cannot manufacture, grow, buy, sell, or transport the drug across state lines without breaking the law. That is where Rep. ... Peake serves as the CEO for one of the largest franchise restaurant ownership groups, with over 100 locations under ...more »

Banking Law
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Online banking safety
FOX 29May 3, 2017

According to the FDIC, debit cards are considered less beneficial than credit cards for major purchases or online buying because of the limited protections in cases of fraud. • Keep your transactions secure. Safeguard ... These could be phishing ...more »

Gaming Law
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54% online gaming tax betrays lack of understanding | TribLIVE
Tribune-ReviewMay 8, 2017

As proposals for legalizing online casino gambling in Pennsylvania lurch from one bad idea to another, one thing becomes apparent: Legislators need a better ...more »

Business Formation
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Celebrate National Small Business Week
Competitive Enterprise Institute (blog)May 2, 2017

... administration remain dedicated to deregulatory reform efforts that can help jumpstart the economy. There is no better way to celebrate National Small Business Week than for the Trump administration to rollback red tape that discourages business ...more »

Government Construction Contracts
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Nigeria: A-Ibom Govt Revokes 23km Road Contract
AllAfrica.comMay 12, 2017

Akwa Ibom State Government has revoked the contract for the construction of 23.25kilometer Ikot Ekaide -Ikot Okoro-Ikot Ibritam road in Oruk Anam Local Government Area, for failure of the contractor to execute the job. Commissioner for Works, Mr ...more »

Business Law
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Charges filed against president, founder of Tate Publishing for fraudulent business practices
kfor.comMay 4, 2017

Oklahoma Attorney General Mike Hunter today filed eight felony charges and one misdemeanor charge against Ryan and Richard Tate for alleged fraudulent business practices the two conducted while operating their businesses, Tate Publishing and Tate ...more »

Institutional Investing
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BRIEF-Al Khaleej Investment Q1 profit rises
ReutersMay 7, 2017

CAIRO Egypt's parliament on Sunday passed a long-delayed investment law to streamline doing business in Egypt and to create incentives it hopes will bring back investors' dollars after years of turmoil.more »

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Patria-Kaye Aarons | Sometimes justice is too blind
Jamaica GleanerMay 2, 2017

It appears that it's the better lawyer's pocket that comes out the only real winner, and since crime is a very lucrative business, big criminals can afford to hire big lawyers. Attorneys, in my estimation, are to be bastions of justice. And in today's ...more »

Harvard Prof. Tribe Joins the Call For an Impeachment Investigation
Common DreamsMay 12, 2017

... Legal Advisory Board of the Campaign to Impeach Donald Trump Now, a growing national movement for an impeachment investigation of President Trump. The campaign, launched on Inauguration Day and led by two public interest organizations – Free ...more »

Commercial Bankruptcy
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PVHC proposes $3 million settlement with former Hansen patients
Powell TribuneMay 2, 2017

In the recently announced deal, PVHC does not admit any liability, though one of the organization's bankruptcy attorneys said last year that the patients had “legitimate claims” and “need to be paid.” Interim PVHC CEO Terry Odom said in an interview ...more »

Internal Investigative Services
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Davis Picnic Day melee prompts internal investigation
Daily DemocratMay 11, 2017

“The City Attorney's Office has retained former Sacramento County Sheriff John McGinness, who has extensive experience in conducting investigations and also in law enforcement management, to conduct an Internal Affairs Investigation into the conduct of ...more »

Commercial Leasing
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Eminem sues New Zealand governing party over Lose Yourself
BBC NewsMay 1, 2017

But the party's lawyers argue it was not actually Lose Yourself, but a track called Eminem-esque which they bought from a stock music library. The case began on Monday, with the two tracks played in court. A lawyer for Eight Mile Style - a publishing ...more »

International Transactions
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Africa: Creating the National Cyber Security Authority Is Vital
AllAfrica.comMay 1, 2017

The Convention addresses three main areas that are often seen as either not regulated or substantially dealt with by the governments in the region, namely electronic transactions, personal data protection, cyber security and cybercrime. Additionally ...more »

Communications & Media
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Trump's quest to stop bad media coverage threatens our Constitution
The Hill (blog)May 2, 2017

The Supreme Court laid out the constitutional basis for libel laws roughly 50 years ago in New York Times v. Sullivan. It is a case that is strikingly relevant to the calls for greater liability for the media. The case arose out of the attacks on ...more »

Important Open Source Ruling Confirms Enforceability of Dual-Licensing and Breach of GPL for Failing to Distribute ...
The National Law ReviewMay 15, 2017

Plaintiff plausibly alleges that Defendant's use of Ghostscript without obtaining a commercial license or complying with GNU GPL deprived Plaintiff of the licensing fee, or alternatively, the ability to advance and develop Ghostscript through open ...more »

Construction & Development
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Harrisburg debt lessons: Many proposed fixes are drafted, awaiting action in Pa. Legislature
PennLive.comMay 1, 2017

Shapiro, for example, called for extending the statute of limitations for crimes committed by elected officials and public employees, especially in cases where the conduct isn't discovered until after an official or employee leaves office. Most of the ...more »

Locating Funds
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Governor Fallin signs 12 bills into new law
Tahlequah Daily PressMay 1, 2017

HB 1706 amends language to include simple individual retirement accounts as eligible retirement plans for rollover of funds from the Oklahoma Law Enforcement Retirement System. HB 1759 includes county employees among public officials who are ...more »

Contracts Involving State & Minicipality
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Walpole Town Meeting: What's on the warrant?
Wicked Local QuincyMay 2, 2017

Johnson also also cited the articles pertaining to union contracts as important. Every three years, the contracts for services such as the police, fire response, library staffing, and any other municipal employees must be renewed. Articles 6 through 11 ...more »

Mergers, Acquisitions & Divestitures
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Shopify Announces First-Quarter 2017 Financial Results
Yahoo FinanceMay 2, 2017

Shopify Inc. (SHOP)(SHOP.TO), the leading cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, today announced strong financial results for the quarter ended March 31, 2017. “With our excellent start to the year, ...more »

Controlled Substances Law
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Macon man arrested on drug, counterfeiting charges
The Union-RecorderMay 4, 2017

Burney was charged with Violation of the Georgia Controlled Substances Act (VGCSA) for possession of cocaine with intent to distribute, possession of marijuana less than an ounce, possession of a narcotic not in its original container, possession of a ...more »

Mortgages & Foreclosures
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High Court Asked To Weigh In On Nevada Foreclosure Law
Law360 (subscription)May 8, 2017

Law360, New York (May 8, 2017, 6:43 PM EDT) -- A Nevada-based property trust has asked the U.S. Supreme Court to review a Ninth Circuit decision invalidating a Nevada law that gives lien priority to homeowners associations seeking back dues in ...more »

Corporate Finance & Taxation
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Joseph Markson inducted into the International Academy of Trial Lawyers and other legal moves and grooves for May 1
Financial PostMay 1, 2017

Joseph Markson of Markson Law Professional Corporation and criminal counsel to Morris Kepes Winter has been inducted into the International Academy of Trial Lawyers. The Academy is a group of elite trial lawyers, including prosecutors and defense ...more »

Non-Profit Corporations
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Annual maintenance contract for Wilkes-Barre's camera system dropped
Wilkes Barre Times-LeaderMay 1, 2017

The city is considering copying the CrimeReports Camera Registration program used in Scranton, Wampole said. It encourages registering the location of home and business security cameras with law enforcement so that, if necessary, they can be viewed ...more »

Creditor's Rights
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Exemptions from HSR Filing Requirements in a Bankruptcy Reorganization
Lexology (registration)May 2, 2017

The size of the transaction test requires that the dollar value of the transaction (computed as prescribed by the HSR rules) exceed $50 million, as adjusted (currently $80.8 million). Thus, if voting securities of an issuer (including a debtor in ...more »

Professional Corporations
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Corporate Law: California And Van Gorkom [Smith v. Van Gorkom]
The National Law ReviewMay 1, 2017

2009). Professor Stephen Bainbridge has called it “one of the most important corporate law decisions of the 20th century” and Bernard Sharfman has described it as ” possibly the most famous corporate law case decided by the Delaware Supreme Court”.more »

Customs Disputes
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Law Day celebrates liberty, justice, order
KPCnews.comMay 1, 2017

“The United States of America — more than any other country — is founded upon law. The law is a human institution, reflecting the moods, customs and modes of conduct of our people. The law is our own creation.” “We reaffirm our devotion and respect ...more »

Public Offerings
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Expand anti-discrimination provisions of Constitution, include disabilities - Public Defender
Jamaica GleanerMay 10, 2017

Public Defender, Arlene Harrison-Henry, has called for an expansion of the anti-discrimination provisions of the Constitution to include disabilities, noting that the most vulnerable groups in the society must be explicitly protected. "Much more needs ...more »

Debt Collection
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Proskauer Among Many Firms Drawn to Puerto Rico's Pseudo-Bankruptcy
The American LawyerMay 4, 2017

Puerto Rico, which is barred under federal law from seeking Chapter 9 protection in a U.S. bankruptcy court, instead filed a petition for relief with a U.S. district court in San Juan. Proskauer Rose restructuring partners Martin Bienenstock, Scott ...more »

State & Minicipal Bonds
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Berkeley Law Names Constitutional Scholar as Next Dean
Bloomberg Big Law BusinessMay 17, 2017

The University of California's Berkeley School of Law on Wednesday named Constitutional Law scholar Erwin Chemerinsky as its next dean, opening a new chapter after its last permanent dean exited in March 2016 amid sexual harassment allegations.more »

Debt Settlement
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Monthly Debt Collection Complaints and Consumer Litigation Filings Increase
ACA InternationalMay 2, 2017

Consumer litigation cases under the Fair Debt Collection Practices Act (FDCPA), Telephone Consumer Protection Act (TCPA), and Fair Credit Reporting Act (FCRA) also increased in March. FDCPA filings increased 13.6 percent from 828 in February to 941 in ...more »

Trade Associations
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Director of the International Trade Administration: Who Is Gil Kaplan?
AllGovMay 17, 2017

After Reagan left office, Kaplan worked in the Washington office of the California firm Morrison & Foerster and then became a partner at the Hale and Dorr law firm, working in their international trade group and as a lobbyist for such corporations as ...more »

Directors' & Officers' Liability
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American Bar Journal Publishes Article on Legal Malpractice Claims Co-Authored by Lipson Neilson Attorneys Joseph ...
Nevada Business MagazineMay 2, 2017

Joseph Garin, the Managing Partner of the Las Vegas office of Lipson, Neilson, Cole, Seltzer, Garin, P.C., is consulted nationally on the defense of professional liability claims, ethics, employment, insurance coverage disputes, director and officer ...more »

Unfair Competition
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Section 337 and New Trump Administration: Your Top Ten Questions Answered
The National Law ReviewMay 3, 2017

In these cases, the complainant is required to show that the respondent's unfair practices threaten to destroy or substantially injure a domestic industry. ... U.S. Steel's complaint is based on alleged unfair acts of: (1) price-fixing; (2) theft of ...more »

False Advertising
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Arbitration: California Supreme Court Limits Waivers Of Public Injunctive Relief In Arbitration Agreement
Mondaq News Alerts (registration)May 3, 2017

... the California Supreme Court held that an arbitration agreement's waiver of the right to seek, in any forum, public injunctive relief—that is, an order enjoining a practice challenged under the state's Unfair Competition Law, Consumers Legal ...more »

Venture Capital
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Saudi Telecom to form $500 mln venture capital fund
Al-ArabiyaMay 25, 2017

Saudi Arabia's largest telecommunications firm said on Thursday it will set up a $500-million venture capital fund to invest in start-up companies. As part of a wideranging economic diversification plan launched last year, Saudi Arabia is trying to ...more »

Federal Contracts
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US DOE awards 21 contracts for energy and water infrastructure improvements
CleanTechnology News, Industry Analysis, Market Research Reports - Clean Technology Business ReviewMay 1, 2017

The US Department of Energy (DOE) has awarded 21 new energy and water saving contracts to private-sector companies that will help enhance the efficiency of federal facilities. These indefinite delivery indefinite quantity (IDIQ) energy savings ...more »


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