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 »

DA Files Motion For High Court To Recuse Gableman, Rehear Act 10 Case
WISC MadisonMarch 1, 2012

... he accepted free legal services from prominent Wisconsin law firm Michael, Best & Friedrich, which represented the state of Wisconsin in the legal fight over Act 10. Act 10 is the contentious law that made changes to collective bargaining rights ...more »

Contracts News and Stories

Commercial Contracts
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Can SMBs sue their bank and recover losses from a hacked bank account?
SearchSecurity.comMarch 1, 2012

SAN FRANCISCO -- When attackers hack into a business' bank account and empty the account of millions of dollars, can the business sue its bank and successfully win reimbursement? Two courts in the US decided such cases differently, ruling in favor of ...more »

Franchise Contracts
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Maybe, Eventually, a Real DJax Deal?
Philadelphia Daily News (blog)March 5, 2012

I still think there's an excellent chance DeSean Jackson plays under the franchise tag this season, because I'm not sure about the Eagles' level of commitment after the way DJax played in 2011. BUT, the Bills' Stevie Johnson agreed to a five-year, ...more »

Contract Disputes
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Peyton Manning: Report: Chiefs have offered Peyton a contract
Rotoworld.comMarch 9, 2012

Radio station 1510 AM in Denver reports the Chiefs were the only team to offer free agent Peyton Manning a "completed contract" on Thursday. The Kansas City Star disputes the report, insisting the Chiefs have done little more than contact Manning's ...more »

Government Contracts
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Barry Rascovar: No end runs for state contracts
Gazette.Net: Maryland Community News OnlineMarch 2, 2012

The governor seeks permission to rewrite the law on public-private partnerships (P3s) so it becomes easier for bureaucrats to sidestep open bidding and Maryland's detailed contract-selection process. The rationale is that the state lacks funds for ...more »

Lending Agreements
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China money market rates fall, no bill sale seen
ReutersMarch 5, 2012

... China's benchmark short-term lending rate fell slightly on Monday after dealers said the People's Bank of China would likely skip a regular bill auction as a large amount of bond repurchase agreements and bills were set to mature this week.more »

Contract Drafting, Review & Negotiation
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Redskins sound ready to break bank for Vincent Jackson
NBCSports.comMarch 12, 2012

Don't forget that Redskins coach Mike Shanahan has been a “big fan” of Jackson's dating all the way back to the 2005 draft. Shanahan was “not happy” when the then-division rival Chargers drafted Jackson five spots after Shanahan's Broncos selected the ...more »

Secured Transactions
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Penson Announces Preliminary Agreement to Reduce Corporate Debt
MarketWatch (press release)March 13, 2012

The proposed transactions are subject to approval and acceptance of debt holders, among other parties, and other conditions. The Company intends to close the proposed transactions as soon as practicable. The Company also reported results for the fourth ...more »

Employment Contracts
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Judge strikes down Fla pension contribution law
MiamiHerald.comMarch 6, 2012

Several individual public employees and their unions challenged the law, including the Florida Education Association, which represents teachers and other school workers across the state. "We once again find out that the Florida Legislature and the ...more »

Dow at the Games
FrontlineMarch 6, 2012

By buying UCC, Dow not only bought UCC's assets but also its liabilities as a company's liabilities cannot be wished away while buying the assets. Thus, by acquiring UCC (a fugitive company), Dow became a fugitive company in the eyes of the law.more »


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