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Securities & Financial News to Note : Bulletin - February 6, 2012

This bulletin is published every other week on Monday and is disseminated via electronic mail. It features brief summaries of current legal developments in the SEC/corporate, accounting/tax, banking, litigation, as well as other business and financial service areas when appropriate.

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Construction: Alert - January 30, 2012

For almost 50 years, lessors have had the ability to limit their liability for liens that arose from improvements to the leasehold made by a lessee. However, in the most recent legislative session, the Florida Legislature enacted revisions to Florida Statute ยง 713.10 that provide a potential pitfall for lessors by inserting a provision that may allow a contractor to lien the lessor's interest even where there is a recorded document advising of the limitation of liens.

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In The Headlines

District attorney faces unique challenges in prosecuting teens
 

The Boston Globe

March 31, 2010
 
Daniel I. Small- Boston

Litigation Partner Daniel Small was quoted in a Boston Globe article titled, "District attorney faces unique challenges in prosecuting teens."

The article discusses the unusual stand taken by a Massachusetts district attorney seeking criminal charges against nine students whose bullying allegedly led to the suicide of a teen girl. With no statute criminalizing school bullying, Northwestern District Attorney Elizabeth Scheibel must rely on a series of laws rarely used in such cases. Although Ms. Scheibel appears to have enough probable cause to charge the teens, some lawyers question whether legislators, not prosecutors, should determine if the kind of behavior alleged by authorities is criminal. "We're not talking about whether these kids should be punished in some normal fashion or be thrown out of school. We're talking about whether they should have criminal records or possibly go to jail," said Mr. Small, a former federal prosecutor. "The criminal law is a sledgehammer, not a scalpel, and you're dealing with very tough social issues with a very blunt instrument."

To read the full article, please click here.

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