Posted on September 2nd, 2010
Inland Real Estate Corporation has announced a joint venture between themselves and Inland Real Estate Exchange Corporation and the Farnam Tech Center.
The company that was purchased was a comprised of two, two-story office buildings and totaled 118,000-square-feet. The acquisition was made for $18 million and the purchase was made in late July.
In August, IRC made another purchase, Copps Food Center a division of Roundy’s Supermarket, Inc. The company owns 155 retail grocery stores in three different states and was purchased for $11.7 million. The building is 61,048-square-feet in the metro area of Wisconsin.
If you or your business are in the middle of a business transaction or real estate litigation, contact the Des Moines real estate litigation lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.
Posted on August 25th, 2010
Emerson has announced that they will be selling LANDesk software to Thoma Bravo, a private firm.
LANDesk software, is a information technology systems management company, is based in Salt Lake City and made $150 million revenue in 2009.
The announcement of the sale occurred on Monday, but the terms of the deal have not been disclosed. The final sale is set to be complete in September and the vice president of LANDesk will become the CEO after the sale.
If you are looking to purchase or sell a business, you need experienced representation on your side. Contact the Des Moines business sale and purchase lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.
Posted on August 19th, 2010
A company in Buffalo, N.Y. will be acquiring the NewAlliance Bank in a $1.5 billion business transaction that was complete today.
The merged banks, NewAlliance Bank and First Niagara Financial Group Inc., are now one of the nation’s 25 largest banks. The NewAlliance Bank is based in Connecticut and was formed in 2004.
It now 88 branches in Connecticut and Massachusetts. The president and CEO of First Niagara announced that he is excited to join the forces and thinks that the potential to grow is tremendous.
If your business are in the middle of a forming a business, you need experienced representation on your side. Contact the Des Moines business transaction lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.
Posted on August 10th, 2010
The owner of a money transfer business has been accused of fraud after luring in investors with fake business deals and guaranteeing monthly returns that the investors never received.
The man, who owned and operated Shidaal Express Inc., told investors that they would received $500 for every $10,000 that they invested. He also led investors to believe that he was in experienced stock trader that had being doing it for many years and that there maximum loss would be less than 20 percent of their investment. In reality, the man lost hundreds of thousands of dollars in the stock market and traded his losses by paying investors.
If your business has suffered because of fraud, you need experienced representation to help you overcome the harms done. Contact the Des Moines business fraud lawyers of LaMarca & landry, P.C. by calling 877-327-2600.
Posted on August 3rd, 2010
A federal bankruptcy court approved the sale of an Ohio-based newspaper chain, Brown Publishing Co. A group of people within the company, led by the current president, wanted to purchase the media company.
The court approved the $26 million sale of the company and ruled the chain could be purchased for $22.4 million. The chain involves papers in Ohio, New York, South Carolina, Iowa, Illinois, and Colorado. The judge did deny the purchase of three properties with the newspaper because she said that they were not marked at the highest price possible.
Many were happy with the sale because it would save over 800 jobs. Brown Media Holdings Co., which is now Brown Publishing Co., filed for Chapter 11 bankruptcy relief in May. Brown is the most recent publishing company that has filed for bankruptcy.
If you are considering purchasing a business, you need experienced representation on your side. Contact the Des Moines business sale and purchases lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.
Posted on July 27th, 2010
The airline US Airways has asked a federal court to solve a dispute between pilots in the airline.
The carrier is based in Arizona and filed the legal action in a U.S. District Court to solve a contract issue between 4,000 pilots after the merger of America West and US Airways nearly five years ago.
The union of the airline’s pilots did not agree with the move, but the pilots association said that the court should have no jurisdiction on the contract dispute. The dispute involves seniority of the pilots which is important because it changes their schedules and pay.
If you or your business is having an issue with a contract dispute, contact the Des Moines contract dispute lawyers of LaMarca & Landry, P.C. by calling 877-327-2600 today.
Posted on July 22nd, 2010
Facebook will continue to be up and running even though there is a dispute over who the real owner of the company is. Until June 30 there was a order issue to stop asset transfers.
A man is suing the current owner of Facebook, Mark Zuckerberg, for a contract that written in 2003 that stated that Zuckerberg would write and design a website. The man is now claiming that he owns 84 percent of the company.
His lawyers state that they have the contract and it is clear cut. Attorneys for Facebook are arguing that the man sat on the contract and it ended in 2004. They are stating that he should not be permitted to the portion of the company all of a sudden.
If you or your business are in the middle of a business dispute, contact the the Des Moines contract dispute lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.
Posted on July 15th, 2010
The Iowa Court of Appeals ruled that a person who uses false identification to commit a fraudulent act can be found guilty of identity theft.
This court decision was decided after a man who was an illegal immigrant used a California woman’s identification number and was caught by authorities.
The state law goes against the federal law in stating that the identification that is being used must only belong to another person and that it was being used to commit fraud. The federal law states that the person caught using the identification must know that it belongs to another person.
If you have been the victim of fraud, contact the Des moines fraud lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.
Posted on July 6th, 2010
Cosmed Group, Inc settled a patent dispute against Napasol AG. Cosmed Group filed a suit against Napasol for infringement of its patent rights.
Cosmed Group, a leader in steam pasteurizing was awarded a United States Patent in 2004 for their natural vacuum and steamer. In exchange for the settle, Napasol will license the Cosmed products.
An official from Cosmed has said that he the company is ready to put the dispute behind them and they are happy that they are receiving acknowledgment for their patented items.
If you have questions regarding a business issue, you need experienced representation on your side. Contact the Des Moines business lawyers of LaMarca & Landry, P.C. by calling 877-327-2600.
Posted on June 30th, 2010
Union nurses at a hospital in Sioux City, Iowa have rejected the last contract offer and their current contract expires shortly.
They have said that they will not being going on a strike and will continue working a normal schedule until they can come to an agreement. Earlier this week, the nurses voted on the latest offer and 205 voted no and 12 voted yes.
The largest issue between the two sides are regarding pay and benefits. Other issues, such as security, they have similar views. A 60-day extension of the contract has been set up so an agreement can be worked out.
If you or a loved one is involved in a business contract dispute, contact the Des Moines contract dispute lawyers of LaMarca & Landry, P.C. by calling 877-327-2600 today.
