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

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Reforms coming to the state foster care system
kjrh.comMarch 1, 2012

"Litigation was hotly contested for years," said Oklahoma Attorney General Scott Pruitt. "The state defended the case pretty aggressively," said Marica Lowry, executive director of Children's Rights. It's all been over a federal suit that claims the ...more »

New laws needed to combat jet ski hoons
Melbourne Weekly BaysideMarch 1, 2012

SFA president Dr Vicki Karalis said more accidents would happen unless tougher licensing laws were passed and zoning regulations changed. Ms Karalis criticised mixed zoning laws – which allow jet skiers to drive to the foreshore – adding that an ...more »

Contracts News and Stories

Commercial Contracts
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Ruling on reasonableness – applying the law on withholding consent to ...
Lexology (registration)March 6, 2012

The phrase “such consent not to be unreasonably withheld” (and various permutations thereof) can appear in any form of commercial contract in which the future action of one party is made contingent on receiving the consent of the other.more »

Franchise Contracts
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Priorities for 2013 Legislature becoming clear
Fort Worth Star TelegramMarch 4, 2012

The House Ways and Means' Committee is scheduled to meet on Thursday to examine the state franchise tax and changes to property tax law. The current business tax - better known as the franchise or margins tax - was created in 2006 to cut property taxes ...more »

Contract Disputes
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Communication and contracts are key concerns
The ProvinceMarch 4, 2012

If this is done, and there is a clear line of communication open between the contractor and customer, most of the issues I see could be easily resolved before they occur. If most customer/contractor disputes are caused by miscommunication, ...more »

Government Contracts
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Senate Declares BPP Operations Illegal
THISDAY LiveMarch 1, 2012

To correct the identified anomaly, the upper legislative chamber has therefore asked President Goodluck Jonathan to immediately inaugurate the National Council of Public Procurement (NCPP) in line with Section 1 (4) of the Public Procurement Act 2007.more »

Lending Agreements
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Cal Am: Public agencies didn't hold up their end of the bargain
Monterey County HeraldMarch 2, 2012

In its filing, Cal Am reiterated the project's history, noting that "numerous developments put the Regional Desalination Project in jeopardy," including the failure by the county and Marina Coast to secure financing by May as required by the agreements...more »

Contract Drafting, Review & Negotiation
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Bills sign defensive end Williams to big contract
Coos Bay WorldMarch 16, 2012

It came after two days of talks, which started when the Bills flew the former top draft pick to Buffalo on a private jet Tuesday, shortly after the NFL's free agency period opened. Terms of Williams' contract were provided by the player's agent, ...more »

Secured Transactions
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Kroll Bond Rating Agency Rates Inaugural CMBS Conduit Transaction
SunHerald.comMarch 6, 2012

MSC 2012-C4 is a $1.1 billion transaction collateralized by 38 fixed rate commercial mortgage loans that are secured by 77 properties across 22 US States and Mexico. The top five loans represent 39.5% of the pool and the top ten loans represent 62.7%.more »

Employment Contracts
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3rd Circuit Rejects ERISA Benefits for Siemens Plaintiffs
Law.comMarch 1, 2012

Siemens Corp. that Siemens is entitled to summary judgment because it did not violate the federal Employee Retirement Income Security Act of 1974 (ERISA) by not providing "permanent job separation" pension benefits if the plaintiffs' employment...more »

Names censored in report about him, solicitor claims
Irish TimesMarch 14, 2012

A solicitor has challenged the alleged “censoring” of names in an Equality Tribunal report that dismisses his complaint of gender discrimination by University College Cork in its recruitment of a woman to a position in the university's law faculty.more »

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