Contracts News. Crime Stories, Law on News and Legal Publications in April, 2017

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Cavion hopes to grow and inspire with venture capital success
Charlottesville TomorrowMarch 26, 2017

Ed Albrigo, CEO of Virginia's Center for Innovative Technology, said Cavion's venture capital success could attract more medical entrepreneurs to the Charlottesville area. “Other innovators in the region are going to be more likely to start a business ...more »

China to open more to foreign investment

[BEIJING] China will substantially cut the number of sectors not open to foreign investment as it seeks fairer treatment for Chinese firms investing overseas, China's central bank governor Zhou Xiaochuan said on Sunday. Zhou Xioachuan, speaking during ...more »

Contracts News and Stories

Commercial Contracts
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Ignore Investment Structuring At Your Peril
Mondaq News Alerts (registration)April 8, 2017

Although the contract defined Ruby Roz as an "Investor", disputes could only be referred to arbitration if the interests of a "foreign Investor" were affected. Ruby Roz was not "foreign", since it was established under the laws of Kazakhstan as an LLP ...more »

Franchise Contracts
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Fair Work Ombudsman calls for penalty increases to fight “malevolent” operators who breach workplace laws 13, 2017

The Franchise Council of Australia has expressed concerns over “joint employer” provisions in the bill, which would make a franchisor liable for penalties if it's found they should have been aware of systematic breaches of workplace laws by those in ...more »

Contract Disputes
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International Commercial Disputes - The Principle of Futility in Contractual Construction
Lexology (registration)April 11, 2017

The claimants, on the other hand, argued that, to make commercial sense of the Master Agreement, the payment conditions should only be applicable for as long as was necessary to restarting mining operations. If the Senior Debt Facility was no longer ...more »

Government Contracts
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Two state contracts approved for public employees under new Iowa bargaining law
DesMoinesRegister.comApril 5, 2017

Unions representing Iowa law enforcement officers and University of Northern Iowa faculty have reached agreements with state officials on new contracts that are among the first negotiated since the Iowa Legislature limited the state's public employees' ...more »

Lending Agreements
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Bucks County Bank to Merge Into First Bank Nasdaq:FRBA
GlobeNewswire (press release)March 29, 2017

HAMILTON, N.J., March 29, 2017 (GLOBE NEWSWIRE) -- First Bank (Nasdaq:FRBA) announced today that it has entered into a definitive Agreement and Plan ...more »

Contract Drafting, Review & Negotiation
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What will Devils do with Damon Severson's next contract?
FanRag Sports (blog)March 26, 2017

Marc Savard's cap hit is coming off the books, the expansion draft is rapidly approaching, and the Devils have seven picks to spend in the first four rounds of the 2017 Draft. But the item that should be at the top of Shero's list is Damon Severson's ...more »

Secured Transactions
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Empower, Dubai Trade in new e-payment deal
Trade ArabiaApril 12, 2017

Accessible at the Empower website, the 'Rosoom' e-payment gateway can be accessed through the registration process. The Rosoom e-payment gateway is part of Dubai Trade's platform which allows secure and reliablepayment transactions for all parties ...more »

Employment Contracts
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Anti-unfair Competition Law
Lexology (registration)March 27, 2017

On 22 February 2017, at the 26th session of the Standing Committee of the 12th National People's Congress (NPC) of China, the State Council put forth a bill to amend the Law Against Unfair Competition (LAUC). The bill was published on 26 February on ...more »

Sim card registration row: ULS says UCC directive could face legal ...
NTV UgandaApril 15, 2017

The Uganda Law Society says it will sue the Uganda Communications Commission if it proceeds to compel Ugandans to use only the national identity cards to ...more »


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