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

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Public authorities and the Freedom of Information Law
International Law OfficeMarch 1, 2012

The Freedom of Information Law gives members of the public a general right of access to records held by public authorities (other than exempt records). But what is a 'public authority' for these purposes? The answer to this question raises some ...more »

U.K. Revenue Department Increased Tax Collection, Auditors Say
BloombergMarch 1, 2012

Britain's Revenue and Customs office raised 4.3 billion pounds ($6.9 billion) from programs aimed at preventing tax evasion in the five years through 2011, the public spending watchdog said. The National Audit Office said in a report today that the ...more »

Contracts News and Stories

Commercial Contracts
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Competition law breach by Federal Grid Company won't be reconsidered
RAPSIMarch 2, 2012

The Supreme Commercial Court has refused to reconsider the court decision declaring the Federal Grid Company in breach of competition law, the court told the Russian Legal Information Agency (RAPSI/rapsinews.ru). The Moscow District Federal Commercial...more »

Franchise Contracts
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What's Next For Saints in 'Bountygate' Story?
Canal Street ChroniclesMarch 4, 2012

Any discipline may be appealed as provided for in the Constitution and By-Laws and Collective Bargaining Agreement. Any appeal would be heard and decided by the commissioner. Commissioner Goodell also advised the Saints that he is retaining ...more »

Contract Disputes
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Leave children out of contract disputes
Ladysmith ChronicleMarch 6, 2012

By Editorial - Ladysmith Chronicle In the ongoing debate about the teachers contract dispute, there have been two sides: either you're with the BC Teachers' Federation, or you're with the BC Liberal government. And despite both sides paying heavy lip ...more »

Government Contracts
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Maple Ridge teachers ask trustees to take stand
Maple Ridge NewsMarch 7, 2012

Local teachers and their counterparts across the province walked off the job on Monday as their contract dispute with the provincial government escalated. Education Minister George Abbott introduced Bill 22 in the provincial legislature Feb.more »

Lending Agreements
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3 High-Yield mREITs To Buy, 2 To Avoid
Seeking AlphaMarch 1, 2012

I recommend investors include mortgage real estate investment trusts (mREITs) and their 12% plus yields into their income portfolios. MFA Financial, Inc. (MFA), for example, yields a 13.4% dividend. Agency mREITs borrow funds via short term repurchase ...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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RailAmerica, Inc. Announces Completion of Cash Tender Offer, New Credit ...
Bradenton HeraldMarch 2, 2012

The proceeds will be used to fund the Company's previously announced cash tender offer to purchase up to $444 million principal amount of its existing 9.25% senior secured notes due 2017, pay for transaction expenses and for general corporate purposes.more »

Employment Contracts
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Activists: Will continue to record farm animal conditions despite law
Mason City Globe GazetteMarch 2, 2012

The bill said a person is guilty of “agricultural production facility fraud” if the person obtains access to the facility by false pretenses, or if the person lies on their employment application or employment agreement with the intent to commit an act...more »

ADA defense and compliance lawyer: More clarification or confusion on March 15 ...
Hospitality Net (press release)March 14, 2012

The UCC has an entire body of hidden liens many real estate lawyers simply do not know about. The note buyer must run a proper UCC search. In many states, liquor licenses, which provide value to the hotel, cannot be collateralized.more »

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