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

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Local charity drops Catholic affiliation, will place kids with couples in ...
WPSD Local 6February 1, 2012

In June, Illinois lawmakers made it legal for same-sex couples to enter into civil unions, meaning they have the same rights as married couples. That includes the ability to become foster parents. With the new law came the stipulation that any ...more »

Feinstein begins to replenish campaign account
San Francisco ChronicleFebruary 1, 2012

Durkee is facing a federal mail-fraud charge. Feinstein, who is a heavy favorite to win her fourth full term in the Senate, quickly replenished her campaign, loaning it $5 million. In all, her campaign has about $6.6 million in the bank, ...more »

Contracts News and Stories

Commercial Contracts
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Resource America, Inc. Reports Operating Results for the First Fiscal Quarter ...
MarketWatch (press release)February 3, 2012

LEAF's commercial finance assets at December 31, 2011 increased to $224.5 million, an increase of $32.5 million, or 17%, from September 30, 2011. -- Securitization: On October 28, 2011, LEAF securitized approximately $105 million of leases, ...more »

Franchise Contracts
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Keller Williams NYC Names Michael Shapot Senior Vice President
Citybizlist (press release)February 2, 2012

He practiced law for five years after law school, primarily drafting and negotiating coop and condo offering plans. About Keller Williams NYC: Keller Williams NYC (www.kwnyc.com) is the Manhattan franchise of leading real estate company Keller Williams ...more »

Contract Disputes
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Rockets Martin disputes Internet report
Houston Chronicle (blog)February 23, 2012

McHale explained again that he had three point guards under contract and a rushed training camp to get ready for the season during Lin's 12 days with the team. “He was a great kid. Every time he stepped on the practice court, we said, 'Wow, ...more »

Government Contracts
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Edwina Hart awards contracts for the Welsh Government's £17m Business Start-Up ...
WalesOnlineFebruary 1, 2012

The Welsh Government also hope the Business Start-Up Service, which is supported by the European Regional Development Fund, will help 6000 people to become self-employed during the three-year period. Mrs Hart said support will be targeted at newly ...more »

Lending Agreements
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Horace Mann Reports Results for Fourth Quarter
MarketWatch (press release)February 7, 2012

Charges and fees earned, primarily on variable annuity contracts, also increased compared to both prior year periods. Total annuity net fund flows continued to be positive, with total accumulated account values increasing 5 percent compared to a year ...more »

Contract Drafting, Review & Negotiation
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FSA issues guidance on how businesses can avoid using unfair contract terms
Out-Law.comFebruary 1, 2012

The financial services regulator said that businesses that specify "a valid reason" within contracts for why they have the right to alter those terms are "less likely" to be drafting unfair contractual provisions. Similarly, if a contract stipulates ...more »

Secured Transactions
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TEXT-S&P raises 3 Bear Stearns Commercial Mortgage 2002-TOP6 ratings
ReutersFebruary 3, 2012

OVERVIEW -- We raised our ratings on three classes from Bear Stearns Commercial Mortgage Securities Trust 2002-TOP6, a US CMBS transaction. -- In addition, we affirmed our ratings on seven other classes from the same transaction.more »

Employment Contracts
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Employment Gains as Health Care Eclipses Factories as US Ages
BusinessWeekFebruary 1, 2012

The US Supreme Court will hear arguments in late March on President Barack Obama's health-care law, including the requirement that Americans either buy insurance or pay a penalty. Republicans competing for the White House have all said they'll get rid ...more »

UCC students go haywire as Nduom visits campus
CitifmonlineFebruary 13, 2012

This he believes will curb a lot of the mishaps in the country at the moment where undeserving personalities can swerve the law and benefit from state funds which they do not deserve in the face of serious unavailability of jobs for graduates, ...more »

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