Finance Law

CHICAGO, IL, Dec 29, 2011 (MARKETWIRE via COMTEX) – Ziegler, a specialty investment bank, is pleased to announce the successful closing of a tax-exempt bank direct purchase for Covenant Retirement Communities (CRC). The direct purchase was completed by JP Morgan Chase and was structured as two series of bonds, $15,830,000 of Series A Bonds and [...]

<!–Saxotech Paragraph Count: 1–> A federal appeals court this week ruled that a lawsuit filed by a candidate for teaching positions at the University of Iowa’s College of Law could proceed. A lower court had dismissed the lawsuit, saying that a dean could hire whomever she wanted. Teresa R. Wagner alleges that Carolyn Jones, former [...]

(CNN) — New laws going into effect Sunday cover some of the nation’s most contentious issues, from immigration to abortion, while others deal with tanning beds, tuition and where you can sell a pet. In all, nearly 40,000 laws were enacted in 2011, according to the National Conference of State Legislatures. Some take effect New [...]

To be fair to the Reserve Bank of India, it came out with the draft guidelines. The government, which is hardly able to push through any legislation, has to be blamed for not making it happen. Is that all? Even if the government is able to pass the required legislation for the RBI to begin [...]

Dec. 29 (Bloomberg) — Credit-ratings firms are growing less optimistic about U.S. corporate borrowers, downgrading more companies as they forecast defaults will rise. The ratio of upgrades to downgrades fell to 1.08 this year from 1.4 in 2010, according to data from Moody’s Capital Markets Group. Sprint Nextel Corp., the third-largest U.S. wireless operator, was [...]

By Steve Tokar on December 28, 2011 Enforcing copyright law could potentially interfere with patient care, stifle innovation and discourage research, but using open source licensing instead can prevent the problem, according to a physician – who practices both at the University of California, San Francisco and the San Francisco VA Medical Center – and [...]

Girls seeking abortions in New Hampshire must first tell their parents or a judge, employers in Alabama must verify new workers’ U.S. residency, and California students will be the first in the country to receive mandatory lessons about the contributions of gays and lesbians under state laws set to take effect at the start of [...]

The Irish Times – Thursday, December 29, 2011 FRENCH BANK BNP Paribas is spinning off its last remaining Russian retail banking arm into a joint venture with Sberbank to reduce its presence in the heavily state-influenced market. Britain’s Barclays and HSBC have already left the Russian retail market as banks slim down their balance sheets [...]

Move, Inc. Announces the Appointment of Rachel Glaser as Chief Financial Officer CAMPBELL, Calif., Dec. 28, 2011 /PRNewswire/ — Move, Inc. (NASDAQ: MOVE), the leader in online real estate, today announces the appointment of Rachel Glaser as Chief Financial Officer, effective January 4, 2011. (Photo: http://photos.prnewswire.com/prnh/20111228/LA27724) (Logo: http://photos.prnewswire.com/prnh/20080213/MOVEINCLOGO) Glaser brings 25 years of senior operations [...]

I offer for your consideration a very recent case decided by the Eighth Circuit Court of Appeals, Wagner v. Jones. The question here is — can a public university legitimately discriminate in the hiring of an employee based on the candidate’s political beliefs? Teresa Wagner is a lawyer, and one well-qualified to teach at an [...]