Bankruptcy Law Resource Center of Bloomberg BNA Launched

1/26/2012   The Bankruptcy Law Resource Center of Bloomberg BNA was launched. It is an online cutting edge platform that is able to combine practice tools from well-known bankruptcy law experts. It also consists of an exclusive legal analysis. The Bankruptcy Law Resource Center was designed to support the daily needs of bankruptcy law practitioners. […]

LA Tentatively Okays Porn Condom Law

1/26/2012   In Los Angeles, the City Council has tentatively approved a law that requires condoms to be worn by porn actors whenever they shoot films. The council votes went 11-1 in favor of the proposal. The ordinance would still be requiring a second vote for its final approval. Under such ordinance, pornographic film producers […]

Sports Betting and Off-Track Betting Laws, Approved by New Jersey Lawmakers

1/25/2012   New Jersey legislators passed a law that allows off-track betting such as those that are done by residents on collegiate sporting events. The moment that the governor, Gov Chris Christie will sign the measure, then the state would be in a fierce battle in federal court, where they would be fighting to overturn […]

A Possible Legal Action May Be Taken by the U.S. Against a Swiss Bank

1/24/2012   Authorities in the U.S. are making steps towards a proper legal action against Swiss bank Wegelin & Co. This could very well lead to an indictment of one of the last pure private banks of Switzerland. Among the charges made was that the bank allowed wealthy Americans to evade taxes. This was according […]

Ambiguity in Colorado Law Highlighted by Drilling Bans

1/24/2012   Governor Bill Ritter in 2009, pushed for sweeping changes to the state regulations on oil and gas. The goal was to provide better protection to public health and the environment from drilling. However, they were not keen at having specified on how much is the authority of the local government in regulating drilling […]

Minnesota’s Heavy Hand Challenged by North Dakota

1/23/2012   Minnesota’s environmental politics have spilled over into North Dakota, violating the latter’s right to conduct business across state lines. It is also starting to hit the pocketbooks of consumers and businesses in North Dakota. The Attorney General of North Dakota, Wayne Stenehjem, opined that a 2007 Minnesota law, which limits the purchase of […]

Nevada Surges Ahead As Other States React to Federal Gambling Ruling

1/23/2012   The online gambling business has been a lucrative one, but federal statutes has barred states from tapping into an approximately $4 billion that Americans spend annually to illegally gamble online. However, that is likely to change soon. The U.S. Department of Justice has just reversed its total ban on Internet gambling and states […]

Comments Made by ABA President Dismays Law Professors

1/22/2012   The suggestion of the American Bar Association president that unemployed graduates of law schools have no one to blame for their dilemma but themselves generated a variety of reactions from law professors and administrators. This happened at an important law-school conference, with a lot of professors expressing their dismay at what they regard […]