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

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Supreme Court reaffirms pro-arbitration stance
International Law OfficeMarch 1, 2012

In Compucredit Corp v Greenwood the Supreme Court held that claims brought under the Credit Repair Organisations Act are arbitrable and that arbitration agreements subject to the act must be enforced.(1) While Compucredit concerned domestic ...more »

Court rules on enforcement of foreign arbitral award
International Law OfficeMarch 1, 2012

The arbitration clause in the contract provided that if the defendant was the complainant in the dispute, the dispute was to be referred for final resolution to the International Commercial Arbitration Court (ICAC) at the Ukrainian Chamber of Commerce ...more »

Contracts News and Stories

Commercial Contracts
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Quinn 'entitled' to defend claims
Irish TimesMarch 15, 2012

Counsel for Mr Quinn, Brian Cregan SC, said it cannot be the case that Mr Quinn has no right to defend the very serious claims against him, which include“corporate fraud on an enormous scale”. Anglo contends that because Mr Quinn is a bankrupt and the ...more »

Franchise Contracts
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Supreme Court rules Des Moines has to pay back franchise fees
Radio IowaMarch 2, 2012

The legislature passed a law in 2009 pushed by the City of Des Moines to allow cities to collect up to 5% franchise fees. Schroeder says that law will likely make the impact of the ruling outside of Des Moines much less. “I don't know that there will ...more »

Contract Disputes
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Kalimantan Gold-Freeport JV Exploration to Commence
MarketWatch (press release)March 12, 2012

Kalimantan Gold Corporation Limited (the "Company") is pleased to advise that the extension to the expired Forestry Permit for its PT Kalimantan Surya Kencana sixth generation Contract of Work ("KSK CoW") copper porphyry property has been issued and ...more »

Government Contracts
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Political donors got plenty of PennDOT's federal stimulus aid
Pittsburgh Tribune-ReviewMarch 4, 2012

Pennsylvania law prohibits corporations from donating money directly to candidates. Trumbull and PennDOT officials said low bids, not campaign donations, determined who received the largest helpings of the stimulus windfall.more »

Lending Agreements
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10 Things E-Books Won't Tell You
Smartmoney.comMarch 5, 2012

The European Commission said in December it's investigating whether Apple and the publishers "engaged in illegal agreements or practices," surrounding its pricing. The US Department of Justice confirmed a similar probe. The six biggest publishers now ...more »

Contract Drafting, Review & Negotiation
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Bears face big decisions
Northwest HeraldMarch 4, 2012

By TOM MUSICK – CHICAGO – As a longtime college scout, Phil Emery reaffirmed his belief that the best way to build a successful NFL team is by drafting and developing good players. But as the first-year general manager of the ...more »

Secured Transactions
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Spanish Web Security Provider Joins GlobalSign Partner Program
Houston ChronicleMarch 6, 2012

The newly formed partnership will allow HispaSSL customers to secure their websites, online transactions, emails, documents and applications. A leader in electronic security in the Spanish market, HispaSSL has added the full range of GlobalSign SSL ...more »

Employment Contracts
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Dream Act students wait for change: 'I don't feel like I'm doing my potential'
The GuardianMarch 2, 2012

And even if he could scrape the tuition money together, what good is a degree if he's not eligible for legal employment after he graduates? The Dream – or the Development, Relief, and Education of Minors – Act would offer a path to legalization for ...more »

Operators will seek to recoup investments as UCC stays out of the exercise 17, 2012

But despite Muruuli Mukasa's assurance that registered information was confidential and would only be availed to authorities “within the confines of the law,” concerns about the risks abound. A journalist told the Minister that the new measure was ...more »


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