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 »

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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Nigerians playing big in the oil business
BusinessDayMarch 12, 2012

The oil and gas industry is an international business that has often been dominated by multinationals, which engage in the exploitation and production of crude oil resources with Nigeria not being an exception. The nation's foreign earnings from the ...more »

Franchise Contracts
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Salgaocar, Kare colleges secured for vote counting
Times of IndiaMarch 5, 2012

PANAJI/MARGAO: With the voters exercising their franchise on Saturday, it was a backbreaking task for the election commission staff on duty in North and South Goa on Sunday, as they sealed EVMs from 1612 polling centres from 40 assembly constituencies ...more »

Contract Disputes
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Greece and Credit Default Swaps: Bucking the ISDA Cartel
The Market OracleMarch 4, 2012

The problem has always been that contract language is subject to both abuse and "interpretation:" There are a variety of problems that arise with credit default swap language. The two biggest are disputes about the definition of a credit event and ...more »

Government Contracts
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RPT-UPDATE 2-Critics question cost as consultants nip and tuck SEC
ReutersMarch 1, 2012

A spokesman for Booz Allen Hamilton acknowledged the company is under contract with the SEC, but declined to discuss the details about the work being performed. The SEC has acknowledged the need for an internal facelift. Government watchdogs found in a ...more »

Lending Agreements
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State Fair ends 150-year run
Inside NoVAMarch 8, 2012

SFVA Inc., the nonprofit organization that puts on the fair and a series of other events, failed to reach an agreement with lenders by a Wednesday deadline. Consequently, SFVA said it has ceased all operations, has laid off the remaining 17 employees ...more »

Contract Drafting, Review & Negotiation
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2012 NFL Mock Draft: Contenders Sure to Find a New Star
Bleacher ReportMarch 2, 2012

I'm perplexed by Jeffery's choice to bypass running at the combine, but I still believe he is one of the top two or three wide receivers in this draft. Alongside Jay Cutler, Matt Forte (if the team wises up and gives him a contract extension) and the ...more »

Secured Transactions
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Law firm faces €25m damages bill over loans
Irish TimesMarch 17, 2012

This was not about a single act of negligence but “multiple failures” which the defendant repeated across four separate loan transactions. The loans were to have been secured on 30 properties but were secured on just three, he noted.more »

Employment Contracts
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Recovery Act is adding jobs, boosting the ëMade in Americaí label
The South Florida TimesMarch 1, 2012

Private sector employment and GDP are now rising. Layoffs are back to pre-recession levels. And, in every single one of the last 23 months, American companies have added jobs, totaling 3.7 million and counting. But the law wasnít designed for just the ...more »


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