Legal Challenge hits the $8.5 Billion Settlement of Bank of America
7/21/2011 A report from the Wall Street Journal has revealed that the proposed $8.5 billion deal of Bank of America with investors who purchased subprime mortgages by way of the bank’s Countrywide Financial subsidiary is being challenged by a group of 11 mortgage-bond investors. Calling their group Walnut Place, who at this point remained […]
Medical Marijuana Changes Will Not Transform Kitsap Garden Stores into Ganjapreneurs
7/21/2011 Kitsap Garden & Lighting’s inventory include fertilizers with names like “Nirvana Bloom,” “Big Bud,” and “Bud Candy,” causing anyone to think that they are for marijuana cultivation. But according to store owner Miles Nemec, the products are formulated for an assortment of plants. Nemec even takes this message even one step further with […]
Another Online Censorship Bill Struck Down By Alaska Judge
7/20/2011 A federal judge has added the state of Alaska to the rapidly growing list of states that have been legally smacked down for their attempt to censor the Internet. Alaska Governor Sean Parnell has signed into law last year a measure that would have made adults criminally liable for disseminating sexually explicit materials […]
Suit over Alcohol Law in Utah Will Fizzle According to Legal Experts
7/20/2011 After being frustrated at not being heard in the latest legislative debate over alcohol, the hospitality industry has filed a lawsuit to bring the legislative leaders and the governor to the table. However, some legal analysts observed that the legal action that seeking to suspend SB314, a measure that outlaws discount drinks and […]
Impact of New Gun Law on Business Being Weighed by Bars
7/20/2011 Local bartenders are reluctant to add to their long list of responsibilities the policing of concealed weapons. According to Mark Medsker, guns and liquor definitely do not mix. Medsker is an employee of Boulevard Haus in the Oregon District and has worked for 14 years in the industry. He said it is not […]
Suing State of New Jersey over Medical Marijuana Law Being Considered by Advocates
7/20/2011 Filing a lawsuit against the state of New Jersey is an option being considered by marijuana advocates in case Gov. Chris Christie continues to vacillate on the implementation of a law that legalizes pot for medical use. The advocates, however, are not that enthusiastic about the prospect. Roseanne Scotti, the director of the […]
As Local Laws Ease, Fireworks Sales Begin to Sparkle
7/20/2011 The U.S. fireworks industry, just like its patrons who like the Fourth of July, is looking up nowadays. While communities congregate across the nation to watch Independence Day displays, officials of the fireworks industry say that higher and better safety standards, as well as the revenue requirements of cash-strapped states have resulted in […]
Recession is not a Moot Topic of Discussion Among Unemployed Lawyers in Chicago
7/19/2011 A group of unemployed lawyers meets in Chicago’s downtown area every two weeks to share employment opportunities and talk about the frustrations they experience while doing their job searches, as well as to lend support to one another. Calling themselves the “Senior In-House Counsel In Transition,” some of them have been without a […]
Ports Lose Bid in Its Attempt To Reverse Fish Law
7/19/2011 A federal judge has ruled in favor of the government and threw out the lawsuit brought about by Gloucester and New Bedford, the two largest ports in the state of Massachusetts, in a legal row over fishing industry sectors and catch shares. Judge Rya Zobel rejected the lawsuit filed against Amendment 16, which […]
Life Sciences Companies Being Courted by the State of Massachusetts
7/18/2011 Massachusetts officials descended on the nation’s capital yesterday to promote an industry convention slated to happen in Boston next year. They also trumpeted collaborations with three countries on new life sciences, and at the same time, also invited thousands of executives and biotechnology companies to set up shop in the Bay State. Deval […]