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

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Man indicted on terror charges in NYC bomb case
Wall Street JournalMarch 1, 2012

The effort culminated "in the successful construction of one explosive device and the attempted construction of two others," it says. Most terror cases are federal, but this one was brought under a state terror law passed after the Sept. 11 attacks.more »

Larchmont Residents Lose Thousands in Fraud
The Daily LarchmontMarch 1, 2012

by Brian Donnelly (email) LARCHMONT, NY -- Multiple Larchmont residents reported that unauthorized withdrawals had been made from their bank accounts, including one of $130000, according to the Larchmont Police Department. - On Feb.more »

Contracts News and Stories

Commercial Contracts
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Zimbabwe Campaign Faces Test
Wall Street JournalMarch 12, 2012

By PETER WONACOTT HARARE, Zimbabwe—More than a decade after an infamous round of farm seizures, a Zimbabwe government minister is spearheading another attempt to redistribute wealth that risks alienating foreign investors and his own government...more »

Franchise Contracts
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Franchisee scores with Florida Franchise Act claim against Hockey school ...
Lexology (registration)March 1, 2012

HEI's lawsuit claimed fraud, negligent misrepresentation and violation of the Florida Franchise Act by Total Hockey, Talafous and McKinney (collectively, “Defendants”). In its lawsuit, HEI argued that despite disclaimers in the franchise agreement as ...more »

Contract Disputes
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'Potential to affect the social fabric of Wairoa'
Gisborne HeraldMarch 3, 2012

About 200 protesters marched from the community centre to the gates of the factory on Hunter-Brown Street as part of a nationwide picket over employment contract disputes. A company lockout on Wednesday meant that 110 Wairoa workers were refused entry.more »

Government Contracts
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Appoint, inaugurate NCPP, Senate tells Jonathan
BusinessDayMarch 1, 2012

“It is disturbing that the operations of the BPP have not resolved the challenges that characterised the procurement process in the Federal Government contract award due to partial execution of the Act. “The Federal Government could be professional, ...more »

Lending Agreements
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PNG Gold and New Guinea Gold Merger Update
MarketWatch (press release)March 8, 2012

In addition, PNG Gold is now lending NGG up to $2.5 million to assist NGG in the orderly shutdown of the Sinivit mine while the Arrangement proceeds. The Arrangement Agreement contains two material "conditions precedent" in favour of PNG Gold that must ...more »

Contract Drafting, Review & Negotiation
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Bob Hunter commentary: Rumblings ... Ohio State football, Blue Jackets, Browns ...
Columbus DispatchMarch 2, 2012

It's been an eventful month for former Ohio State basketball player Kosta Koufos, who signed a three-year, $9 million contract extension with the Denver Nuggets, has his number retired at Canton Glen Oak High School and discovered that he will never ...more »

Secured Transactions
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Cobalt Coal Ltd. to Substantially Expand Property Holdings
StockhouseMarch 8, 2012

This is a significant accomplishment as it means that Cobalt has secured the mining rights on the entire contiguous 1600 acre Mill Creek tract. -- The Mill Creek tract is already permitted for both production and the construction of a "wash plant".more »

Employment Contracts
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Report: Burnsville administrator had brought complaints against superintendent
Minneapolis Star TribuneMarch 2, 2012

State law says that when a government entity settles an employment dispute or pays a buyout, it must disclose "specific reasons for the agreement if it involves the payment of more than $10000 of public money." The Burnsville district's attorney has ...more »

Government should institute alternative livelihoods for oil find communities ...
Ghana Business NewsMarch 19, 2012

On the way forward, Mr Ali Nakyea asked that MNEs contributed to the public finances of Ghana, their host country, by making timely payment of their tax liabilities and also comply with the tax laws and regulations in Ghana and should exert very effort ...more »

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