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

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FHA Mortgages Could Become Major Choice of Financing
FreeRateUpdate.comDecember 1, 2011

Now that loan limits for FHA have been increased, FHA mortgages could become a major choice of financing for many people interested in purchasing a home or refinancing an existing FHA mortgage. Popular with consumers because of the low down payment ...more »

Berkshire paying $150M for Omaha newspaper company
Atlanta Journal ConstitutionDecember 1, 2011

Berkshire owns more than 80 subsidiaries, including clothing, insurance, furniture, utility, jewelry and corporate jet companies. It also has big investments in companies including Coca-Cola Co. and Wells Fargo & Co.more »

Bankruptcy Law News and Stories

Bad Credit History
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Prosecutors: Blagojevich should get 15 to 20 years
BusinessWeekDecember 2, 2011

... Blagojevich was in a special position of responsibility to the public," prosecutors said. "His abuse of office is particularly grave given the faith put in him by the citizens of Illinois." But Blagojevich's attorneys argued that Rezko did deserve ...more »

Collections
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Red Bull, Samsung, Pfizer, Amazon, Google: Intellectual Property
BloombergDecember 1, 2011

“This kind of blatant copying is wrong and, as we've said many times before, we need to protect Apple's intellectual property when companies steal our ideas,” the company said in an e-mail after yesterday's ruling. Samsung is the second-largest ...more »

Chapter 11, Chapter 13 Bankruptcy
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Gov. O'Malley's misguided missive
Washington PostDecember 1, 2011

Mr. O'Malley noted that the Maryland Department of the Environment found only a minor violation and fined the farm $4000; he also asserted that the Hudsons “now face possible bankruptcy and loss of their land” because of legal fees. ...more »

Disputes With Irs
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Industry Speak: Expectations from RSCI
exchange4media.comDecember 1, 2011

“There have been persistent problems in IRS, especially with respect to their methodology for surveying magazine readership. IRS has always had an overwhelming focus on newspaper readership, while giving secondary emphasis on the qualitative aspects of ...more »

Garnishment
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11-CV-1026 US Bank vs. Charlotte Heimer
Richmond-NewsDecember 22, 2011

A judgment may be enforced as provided by law. A judgment awarding money may become a lien against any real estate you own now or in the future, and may also be enforced by garnishment or seizure of property.more »

Chapter 7 Bankruptcy
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Gov. O'Malley's misguided missive
Washington PostDecember 1, 2011

Mr. O'Malley noted that the Maryland Department of the Environment found only a minor violation and fined the farm $4000; he also asserted that the Hudsons “now face possible bankruptcy and loss of their land” because of legal fees. ...more »

Personal Bankruptcy
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Congressional Committee Votes To Subpoena Corzine Over MF Global Bankruptcy
RTT NewsDecember 2, 2011

Jon Corzine to testify at a congressional hearing next week about the bankruptcy of the futures brokerage firm the Democrat once ran. Corzine resigned last month as chief executive officer of MF Global Inc., a New York-based derivatives broker, ...more »

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