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

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Gyms investigated for unfair contracts
The IndependentFebruary 1, 2012

'The magic of the cup' isn'ta term often used to describe Spain's premier domestic cup competition,... Fears about flooding are rising - but of more pressing concern is the ending of the government agree... They were 27 days into their journey when ...more »

Attorney general opinion clarifies Harbor Police authority
Houma CourierFebruary 1, 2012

The Louisiana Attorney General's office has clarified a 2011 decision which suggested the authority of Port Fourchon's Harbor Police Department is not recognized by the state. The confusion began last year, when the port's private Harbor Police...more »

Contracts News and Stories

Commercial Contracts
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Appeals declining in WV but some still want intermediate court
State JournalFebruary 6, 2012

The proposed business court, or complex commercial litigation court, would have jurisdiction across the state and would handle cases involving contract disputes between multiple businesses, sales and commercial code disputes, non-consumer debts, ...more »

Franchise Contracts
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Hoboken Rejects Snooki and JWoww's Jersey Shore Spinoff
BangstyleFebruary 2, 2012

That has to be a tough blow to the “Jersey Shore” franchise that a city in their namesake state doesn't even want them. Mayor Dawn Zimmer sent letters to Jim Bianco and 495 Productions explaining that she was rejecting their application for a permit, ...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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Government Contractors and Grant Recipients: Don't Forget to Renew CCR ...
San Francisco Chronicle (press release)February 2, 2012

Federal regulations such as the Small Business Act and assistance programs like the 8(a) Business Development Program also help create in-roads for small businesses to compete for government contracts. Business owners can get immediate contracting help ...more »

Lending Agreements
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CUDL Pays $1.39 Million Dividend to Shareholders
Credit Union TimesFebruary 9, 2012

The lending solution CUSO in Ontario, Calif., said this is the seventh consecutive year that it has paid dividends to its credit union and credit union organization shareholders. In 2011, CU Direct signed new agreements with 128 credit unions and at ...more »

Contract Drafting, Review & Negotiation
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Oklahoma City Thunder, through wise management and some good luck, rise to top ...
OregonLive.comFebruary 6, 2012

By Mike Tokito, The Oregonian Associated PressThe drafting of Kevin Durant in 2007 was the first step in the building of the Oklahoma City Thunder. When the Oklahoma City Thunder come to the Rose Garden on Monday, they figure to give the Trail Blazers ...more »

Secured Transactions
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Senior Secured Loan Program Provides Financing for Greenbriar Equity Group's ...
MarketWatch (press release)February 3, 2012

In addition, GE Capital, through its GE Antares Capital subsidiary, provided a $15 million senior secured revolving credit facility in support of the transaction. "The Senior Secured Loan Program provided us with an efficient, timely and reliable ...more »

Employment Contracts
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Law Firms Pony Up for Insurance
Wall Street Journal (blog)February 6, 2012

During the Savings & Loans crisis law firms that represented failed financial institutions were targeted for litigation by the FDIC. For more detail on that — and a primer on similar exposure in the most recent financial crisis — see this rather ...more »

Intercreditor Issues: Impact of Select Recent Decisions on Intercreditor Rights
JD Supra (press release)February 8, 2012

As a re- sult, the universe of case law interpreting common provisions in the common forms of intercreditor agreements used in these transactions is quite limited. However, in the aftermath of the liquidity crises, a number of recent decisions have ...more »

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