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

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•4 killed as sect bombs Maiduguri •Nobody died —JTF •NYSC stops posting of ...
Nigerian TribuneMarch 1, 2012

OPERATIVES of the dreaded Islamic militant sect, Boko Haram are said to have started combing fertiliser markets in search of materials to be used for bombs following the decision of security agencies to tighten rules on use of dynamites and explosives.more »

The Nightly Turbo: Phil Hellmuth Wins at LAPC, FS+G Files for Bankruptcy, and More
PokerNews.comMarch 1, 2012

In this edition, Phil Hellmuth wins a poker tournament (finally), Federated Sports + Gaming files for Chapter 11 bankruptcy, and more. Bwin.party is one of many gaming operators preparing for legalized poker in the US In the latest edition of The ...more »

Contracts News and Stories

Commercial Contracts
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Kodak in a race to slash costs
Rochester Democrat and ChronicleMarch 4, 2012

The pace of Kodak's efforts is typical, said Scott Dillon, senior bankruptcy associate with Albany law firm Tully Rinckey PLLC. “When a debtor files and intends to reject contracts, it wants to do so as quickly as possible.” Some of these cost-cutting ...more »

Franchise Contracts
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How Effective Is The Regulation Of Franchising In The EU?
Mondaq News Alerts (registration)March 14, 2012

Eight EU member states have franchise specific laws, but no homogenous approach has been adopted by them. As a result some member states regulate franchising more successfully than others. This article analyses the way in which the EU member states ...more »

Contract Disputes
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Court finds SunTrust arbitration clause enforceable
Thomson Reuters News & InsightMarch 1, 2012

By Terry Baynes March 1 (Reuters) - SunTrust Banks can use a clause in its contracts with account holders to force them to arbitrate disputes over bank overdraft fees, a federal appeals court ruled on Thursday. The clause, which prohibits account ...more »

Government Contracts
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DiNAPOLI UNCOVERS GRAFT IN STATE OFFICE FOR TECHNOLOGY
Rockland County TimesMarch 1, 2012

The actions of OFT officials cost taxpayers millions and may have violated the state Public Officers Law. DiNapoli has referred the findings of the audit to the Joint Commission on Public Ethics. "These officials were supposed to lead New York State's ...more »

Lending Agreements
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Judge denies public vote on 49ers stadium funding
ReutersMarch 6, 2012

Kirwan agreed with attorneys for the 49ers that the financing agreements were administrative, rather than legislative, acts, and so not subject to voter approval. Supporters, including a majority of city council members, said the financing was only ...more »

Contract Drafting, Review & Negotiation
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Peyton Manning Decision has Many NFL Teams Holding Their Breath
Rant SportsMarch 1, 2012

The Manning decision will obviously have a huge impact on the Colts, their 2012 draft, and their numerous expiring contracts. Wide receiver Pierre Garcon has already turned down an initial contract extension offer from the Colts, no doubt partially due ...more »

Secured Transactions
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TEXT-Fitch rates Red & Black Auto Germany 1 UG
ReutersMarch 1, 2012

The issuance proceeds will be used to purchase a portfolio of auto loan receivables originated by Bank Deutsches Kraftfahrzeuggewerbe (BDK) and secured by the financed vehicles. The transaction is static and will start amortising from the beginning.more »

Employment Contracts
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Fla. House passes random drug testing bill
The Oshkosh NorthwesternMarch 2, 2012

For the plan to be constitutional, the state's interest in testing employees for drugs must outweigh the employees' right to privacy, said Joseph Little, a professor emeritus of constitutional law at the University of Florida's Levin College of Law.more »

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