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

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The US Treasury is Aiming to Lower the Foreign Account Tax Compliance Act ...
San Francisco Chronicle (press release)February 1, 2012

Ideal Tax Solution is amongst these companies broadening their horizons to assists all Americans tax problems. The US Treasury discussed a few months ago, possibly working with the FATCA (Foreign Account Tax Compliance Act) to lower the standards on it ...more »

WA Govt funds Telstra mobile expansion
DelimiterFebruary 1, 2012

news The nation's largest telco Telstra the Western Australian State Government's Regional Mobile Communication Project (RMCP) contract, a deal which will see Telstra receive $39.2 million from the state government and in return provide a value return ...more »

Contracts News and Stories

Commercial Contracts
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Iran sets one-month deadline for ONGC Videsh to sign contract
NDTVFebruary 6, 2012

Iran has given ONGC Videsh Ltd (OVL) a one-month deadline to sign the contract for the development of Farzad-B gas field in the Persian Gulf at an estimated investment of over $5 billion. OVL, the overseas arm of state-owned Oil and Natural Gas Corp ...more »

Franchise Contracts
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Dunkin' Brands Appoints Food-Service & Retail Executive Giorgio Minardi as ...
PR Newswire (press release)February 7, 2012

"I look forward to working with the franchisees, as well as the management team, and to helping Dunkin' Brands recognize its significant international growth opportunities." During the first nine months of 2011, Dunkin' Brands, Inc., the parent company ...more »

Contract Disputes
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AG office remains broken
Windsor StarFebruary 7, 2012

But failure to perform your main function is where the contract dispute lies. And that's all this is, city hall insiders say: a contract dispute. Langlois is entitled to six months of his $140000 annual salary if council decides to terminate his ...more »

Government Contracts
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Iraq's Energy Law May Be Delayed for Rest of Year, Ghadhban Says
BloombergFebruary 2, 2012

Iraq's proposed energy law, intended to spur foreign investment in the world's fifth-largest oil producer, will be delayed for the rest of this year due to political divisions, the prime minister's top adviser said. The draft law, held up since 2005, ...more »

Lending Agreements
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Carolina Bank Holdings, Inc. Reports Record 4th Quarter Net Income
MarketWatch (press release)February 2, 2012

Net loan charge-offs declined 42.3% to $7416000, or 1.49% of average loans, in 2011 from $12855000, or 2.43% of average loans, in 2010. Robert T. Braswell, President and CEO of Carolina Bank Holdings, Inc., commented, "We continued our goal of building ...more »

Contract Drafting, Review & Negotiation
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Water Company's RFP raises questions
Wicked LocalFebruary 4, 2012

By Erin Dale Cohasset's water department is drafting a Request for Proposals (RFP) for a new contract; its current contract with American Water is up in June 2012. The water commission is advocating for a 20-year concession agreement that would ...more »

Secured Transactions
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Pluritas, LLC to Manage the Sale of SemiQuest, Inc.'s Patent Portfolio
Bradenton HeraldFebruary 21, 2012

Pluritas, LLC, a leading intellectual property transactions firm, has been retained by 3M Innovative Properties Company (“Secured Party”) to manage the disposition of SemiQuest, Inc.'s (“the Debtor”) patents and other intangible assets pursuant to ...more »

Employment Contracts
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Indiana Republicans Enact Right to Work Law
The New AmericanFebruary 3, 2012

Governor Scott Walker sought to limit the hemorrhaging of tax dollars on account of the vast benefit cost of public employee collective bargaining agreements. The story of what happened is now familiar. Unions descended on Madison to try to intimidate ...more »

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