Bankruptcy Law News. Crime Stories, Law on News and Legal Publications in December, 2011

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Downers Grove man gets year in prison for failing to pay $260K in taxes
Chicago TribuneDecember 1, 2011

... Conforti Construction Co. was sentenced today in US District Court after pleading guilty in September to one count of filing a false federal income tax return, according to a press release issued by Patrick J. Fitzgerald, United States Attorney for ...more »

Labor complaint filed against city
Lincoln News MessengerDecember 1, 2011

The California Public Employment Relations Board has filed a complaint in favor of Lincoln's public-services employees regarding an unfair labor practice charge. On Oct. 4, Local 39 filed an unfair labor ...more »

Bankruptcy Law News and Stories

Bad Credit History
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State tax credits for donating to charities coming to an end
Hometownlife.comDecember 1, 2011

Starting Jan. 1, all state income tax credits for charitable donations will be eliminated thanks to the tax reform bill signed into law in May. The state legislature hopes the reform will help them work to repair its struggling budget. ...more »

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Michigan health depts targeting HIV-positive pregnant women unfairly, experts say
The Washington IndependentDecember 1, 2011

“Anytime a government agency uses names inappropriately, it is a threat to the civil liberties of those with HIV, as well as those who are not infected with HIV,” said attorney Moore. “Often, partner notification laws are abused by individuals. ...more »

Chapter 11, Chapter 13 Bankruptcy
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Bankruptcies hit a nearly four-year low
San Antonio ExpressDecember 1, 2011

There was a steep decline in both Chapter 13 and Chapter 7 cases last month. Chapter 13 filings, used by individuals to reorganize their debts, fell about 30 percent to 148 last month from 210 in November 2010. There were 269 filings in October 2011. ...more »

Disputes With Irs
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Hatch: IRS can't offer tax credits in federal insurance exchange
The Hill (blog)December 1, 2011

The IRS is extending the healthcare law's insurance subsidies to millions of people who shouldn't get them, Sen. Orrin Hatch (R-Utah) charged Thursday. The healthcare law establishes exchanges where individuals and ...more »

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Ideal Tax Solution Provides Relief in Deciphering IRS Notices That Threaten ... (press release)December 15, 2011

Wage garnishments, bank levies and liens are the most common. Then there are the generated forms showing “amount due.” Many people can get dozens of the same notice stating they owe a balance to the IRS. Now, chances are, the tax payer is well aware of ...more »

Chapter 7 Bankruptcy
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Lee Enterprises to file prepackaged bankruptcy
Quad City TimesDecember 3, 2011

Veon addressed Quad-City Times employees at a late afternoon meeting to answer questions about the refinancing and Chapter 11 process. The refinancing process is not expected to affect trading of Lee Common Stock on the New York Stock Exchange. ...more »

Personal Bankruptcy
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Yes AMR, Bankruptcy IS Failure
ForbesDecember 1, 2011

Or how Apple has improved personal music and mobile information access. Or how Whole Foods has delivered more organic and tasty products. Or how Amazon has made access to books, periodicals and much of retailing a better experience. ...more »


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