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

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Harassment case in Oxnard 'was about dignity,' attorney says
Ventura County StarDecember 1, 2011

The settlement, filed Monday, requires Cyma to assign an equal employment opportunity coordinator to ensure the staff is trained to prevent future harassment, discrimination and retaliation. EEOC lawyer Anna Park commended Cyma for making changes. ...more »

Md. lawmakers oppose continued federal pay freeze
Baltimore Sun (blog)December 1, 2011

Several public employee unions who have members in Maryland agreed. “We made our sacrifice,” Jacqueline Simon, policy director for the American Federation of Government Employees, said in an interview, referring to the current pay freeze. ...more »

Bankruptcy Law News and Stories

Bad Credit History
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More students are using bad credit loans
International Business Times (press release)December 1, 2011

Students by having bad credit history may find it complicated to secure a loan. Nonetheless, it is not entirely impossible to receive a loan by having poor credit scores, provided students are prepared to take the time and effort to research their ...more »

Collections
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Developer Garnaas lists liabilities of $458 million in bankruptcy filing
DesMoinesRegister.comDecember 1, 2011

Under federal bankruptcy law, all litigation seeking collection of debts is delayed until a final determination of the petition. Three banks — First American Bank, Northwest Bank and Ames Community Bank — recently filed lawsuits claiming that ...more »

Chapter 11, Chapter 13 Bankruptcy
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Perkins & Marie Callender's Inc. Emerges from Chapter 11 Bankruptcy
Sacramento BeeDecember 1, 2011

The United States Bankruptcy Court for the District of Delaware approved the Company's plan of reorganization (the "Plan") on October 31, 2011. As previously announced, private investment funds managed by Wayzata Investment Partners LLC ("Wayzata") are ...more »

Disputes With Irs
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Hawks probe two Cape businessmen
Independent OnlineDecember 2, 2011

The Hawks' commercial crimes unit has launched a probe into the financial affairs of two company directors who allegedly embezzled millions of rand, Cape Town police said on Friday. “Senior unit investigators are in possession of sensitive ...more »

Garnishment
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How to position your company for an appeal if a trial verdict goes against you
Smart Business NetworkDecember 1, 2011

So after just 30 days, there is the possibility that constables will show up at your business with a writ of execution to seize property, or the plaintiff may obtain a writ of garnishment and come after your back account. And there is nothing more ...more »

Chapter 7 Bankruptcy
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Court Gives Trustees Control of David Bergstein's Pangea Media Group
Hollywood ReporterDecember 1, 2011

This means Durkin can immediately run Pangea, which he has said he will put into bankruptcy. The judge left it up to Durkin to decide if it would be put into voluntary bankruptcy and whether that would be a Chapter 11 reorganization or a Chapter 7...more »

Personal Bankruptcy
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Conyers asks U.S. Attorney General to review Michigan's emergency financial ...
Detroit Free PressDecember 1, 2011

In his letter to Holder, Conyers – the ranking Democrat on the House Judiciary Committee and the second-longest serving active member in the chamber – argued that Snyder's law violated the contract clause of the US Constitution. ...more »

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