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

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SC Treasurer Sounds Alarm About State Investments
News Channel 7February 1, 2012

He says the legislature doesn't need to pass any new laws regarding the state's investments; the current laws just need to be enforced. So who enforces those laws? "In some cases it's the treasurer; some cases the Budget and Control Board; ...more »

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 »

Contracts News and Stories

Commercial Contracts
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CSC Reports Third Quarter 2012 Results
MarketWatch (press release)February 8, 2012

-- Revenue was $3.76 billion net of a $204 million reduction relating to the UK National Health Service (NHS) contract. Excluding the NHS reduction, revenue was $3.97 billion, a decrease of 0.7% when compared to a year ago.more »

Franchise Contracts
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Bob Kravitz: Giants, Patriots offer roadmap to Super Bowl 2012
Indianapolis StarFebruary 3, 2012

This isn't just the story of two franchises that are facing each other in Super Bowl XLVI. This is the story of two franchises, the New England Patriots and New York Giants, that have sustained excellence over the long term, two franchises that offer a ...more »

Contract Disputes
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Princeton Teachers "Overwhelmingly" Approve Tentative Contract
Patch.comFebruary 3, 2012

Ryan said previously that issues in a new teachers' contract were disputes over salary and benefits. Neither Ryan nor district officials will reveal the terms of the proposed contract until board approval on Feb. 7.more »

Government Contracts
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Military health care carrier hit with $10M fine
USA TODAYFebruary 1, 2012

By Nick de la Torre, Gannett/Arizona Republic Dave McIntyre is the CEO of TriWest health Care Alliance, a health care company providing benefits for military people. By Nick de la Torre, Gannett/Arizona Republic Dave McIntyre is the CEO of TriWest ...more »

Lending Agreements
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Dutch Debt Deduction Threat Seen Jeopardizing Market: Mortgages
BusinessWeekFebruary 2, 2012

3 (Bloomberg) -- For the Dutch, holders of the most mortgage debt as a percentage of gross domestic product, tax breaks on house payments are more than a government policy. They're a tradition under threat. With debt levels at twice the European ...more »

Contract Drafting, Review & Negotiation
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Former Westport town manager could be fired from post in Cohasset
Fall River Herald NewsFebruary 14, 2012

In an interview with The Patriot Ledger two weeks ago, DeCaprio said Coughlin should not be involved in drafting the water department's next contract because the company, which supplies water to a majority of the town but not to every resident, ...more »

Secured Transactions
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Fitch Rates DASNY Ryan/Chelsea Clinton CHC Bonds Supported by SONYMA Mortgage ...
MarketWatch (press release)February 7, 2012

The bonds are secured by the trust indentures' available assets, including funds in the debt service reserve and bond funds, which, when combined with the MIF, guarantee to pay the mortgage on a monthly basis regardless of the performance of the ...more »

Employment Contracts
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Bill would force rehiring of more reservists
ArmyTimes.comFebruary 2, 2012

The bill, HR 3860, was referred for consideration to the House Veterans' Affairs Committee, the panel responsible for the Uniformed Services Employment and Re-employment Rights Act that includes the rehiring rules. That committee also is taking a close ...more »

You Say Article 2A, I Say Division 10
JD Supra (press release)February 2, 2012

The trial court concluded that the indemnification provision on the invoice was enforceable under Section 2207 of the California Uniform Commercial Code. Students of the UCC will recognize Section 2207 as the infamous “battle of the forms” provision.more »

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