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

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Faruqi & Faruqi, LLP Announces Investigation of China Organic Agriculture, Inc.
MarketWatch (press release)December 1, 2011

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) despite indicating otherwise, China Organic had received no initial payments for its September 2008 sale of Jilin ...more »

A Debate Over Who Regulates Gas 'Fracking' in Pa.
NPRDecember 1, 2011

A new Pennsylvania law could curb municipalities' ability to zone and regulate hydraulic fracturing — or "fracking." And that raises questions about how much say a local government should have over what goes on within its borders. ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Occupy LA camp cleanup takes hazmat suits, masks
San Jose Mercury NewsDecember 1, 2011

"I saw a woman being pushed down the steps, people being jabbed with batons," said Julia Wallace, member of movement's Committee to End Police Brutality. "I saw someone thrown to the ground." Pam Noles, a legal observer at the protest, ...more »

Collections
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Pa. capital takeover challenged in federal court
Boston.comDecember 1, 2011

The judge said the city had been legally barred by a separate state law -- signed June 30 by Corbett -- from seeking bankruptcy protection and, in any case, had no authority to go over the mayor's head to file it. The Republican governor and Democratic ...more »

Chapter 11, Chapter 13 Bankruptcy
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Navigating through the AMR bankruptcy
ReutersDecember 1, 2011

By David K. Randall (Reuters) - The Issue: The parent company of American Airlines, filed for Chapter 11 bankruptcy on Tuesday. But there are still airline industry investing opportunities. A combination of high fuel prices, a loss of business ...more »

Disputes With Irs
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'Check here' to support the election on your IRS form? Maybe not for long
CNNDecember 1, 2011

Since the Presidential Election Campaign fund was created in 1976, the Internal Revenue Service reported that about 30% of taxpayers participated in 1980 -- the highest rate on record -- but in 2010 less than 7% of taxpayers checked off the box on ...more »

Garnishment
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Suits targeting collectors on rise
Tonawanda NewsDecember 2, 2011

“There has been an increase in consumers defaulting on their debt, and folks can't file bankruptcy as readily as they once did. It's too costly, so they sue the collectors.” But Freedman, who represents consumers in cases against debt collection ...more »

Chapter 7 Bankruptcy
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Tampa Attorney at the Law Office of Sonya C. Colon Improves Website to Further ...
PR Web (press release)December 1, 2011

The site offers helpful information to remove some of the fear and uncertainty from the legal process, including basic information on divorce law and bankruptcy law. "Our improved site is designed entirely with our clients and potential clients in mind ...more »

Personal Bankruptcy
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Editor's Notebook: Fallin on AMR bankruptcy, OCPA presses tax phaseout, task ...
Tulsa Today (blog)December 1, 2011

The in-state co-sponsor of a dramatic proposal to phase out Oklahoma's personal income tax over a decade said in a Tuesday afternoon (November 29) statement the plan would result in Oklahoma having the lowest overall tax burden in the lower 48. ...more »

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