Contracts News. Crime Stories, Law on News and Legal Publications in February, 2012

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Court further confirms rights of mortgagees under Maltese law
International Law OfficeFebruary 1, 2012

Through the court-approved private sale, the law seeks to support the mortgagee and other creditors of a defaulting owner by ensuring the best price for the vessel (which is associated with a private sale and not a judicial sale by auction), ...more »

Racial study scrutinized in death row inmate's hearing
abc11.comFebruary 1, 2012

Patricia Tornblom, stepmother to the deceased, said she is angered by the hearing. "What do the people of Michigan have to do with us? I mean this is North Carolina," questioned Tornblom. "Why are they down here trying to decide how we make our laws?more »

Contracts News and Stories

Commercial Contracts
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OFT to probe gym contracts
TotallyMoney NewsFebruary 2, 2012

At the time of the ruling, Cavendish Elithorn, senior director of the OFT Goods and Consumer Group, said: “Gym companies should also be aware that trying to enforce illegal contract terms is a breach of the law and in certain circumstances they may ...more »

Franchise Contracts
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Tuna should be immortal
New York PostFebruary 4, 2012

His record speaks for itself: Two Super Bowl championships with the Giants, and the resurrections of two woebegone franchises — taking the Patriots to a Super Bowl and the Jets to an AFC Championship. In Parcells' own words, you are what your record ...more »

Contract Disputes
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Leagle.comFebruary 6, 2012

2010), we vacate and remand. The presumption that dispute resolution provisions survive termination of a contract is rebuttable. See Litton Fin. Printing Div. v. NLRB, 501 US 190, 204 (1991); 13 Corbin on Contracts § 67.2 (rev. ed. 2003 & Supp. 2011).more »

Government Contracts
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Federal Contracting Institute Awards 2nd CSCM Graduate Certificate
Sacramento BeeFebruary 1, 2012

About Centre Consulting, Inc.Centre Consulting, Inc. with its sister company Centre Law Group and the Federal Contracting Institute (FCI), is the only company that provides integrated legal, training and consulting services to both government and ...more »

Lending Agreements
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Local banks starting to make comeback
Colorado Springs GazetteFebruary 18, 2012

Those agreements require the banks to take steps to reduce problem loans, restrict lending and prohibit paying dividends to owners. Two banks boosted lending last year, while the other six had smaller loan portfolios at the end of the year than they ...more »

Contract Drafting, Review & Negotiation
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Durkin: Some Advice Phil Emery Didn't Ask For
CBS LocalFebruary 2, 2012

Running back is a disposable, chew 'em up and spit 'em out position, which makes it easy to understand why teams are becoming more reluctant to dole out long, guaranteed contracts. Defensive end Israel Idonije: While Idonije has yet to become the ...more »

Secured Transactions
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TEXT-S&P cuts rtgs in UK deal Windermere XI CMBS due to performance
London South EastFebruary 29, 2012

Windermere XI CMBS is a commercial mortgage-backed securities (CMBS) transaction that closed in August 2007 and matures in April 2017. It was initially secured by eight loans (CAA House, Devonshire House, Fleetwalk, Government Income Portfolio, ...more »

Employment Contracts
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Albany trying to undo labor law requiring New York businesses to notify each ...
Syracuse.comFebruary 3, 2012

It's classic Albany: A move to target New York City-area bosses who were ripping off workers grew into a new task for private businesses of all kinds. The legislature exempted governments from the law. The campaign started after the National Employment ...more »

Cheesecake Factory Will Post Drink Prices in Mass. After Threatened Suit; Law...
ABA JournalFebruary 13, 2012

After Threatened Suit; Law Prof Cites UCC By Debra Cassens Weiss The Cheesecake Factory will begin posting drink prices at its seven Massachusetts locations after a lawyer threatened a lawsuit. Buoyed by the change, Newton lawyer Ross Mitchell tells ...more »


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