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

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Toothache lawsuit may stifle medical gag orders
msnbc.comDecember 1, 2011

Lawyers for Robert Lee, 42, this week asked a New York federal court to declare that dentist Stacy Makhnevich's contract, which effectively attempts to gag patient reviews, is unethical, invalid and illegal. Within hours, the complaint filed by the ...more »

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 »

Bankruptcy Law News and Stories

Bad Credit History
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Bankruptcy Leaves Canada Muslims in Limbo
Onislam.netDecember 5, 2011

But it is unclear who ultimately owns the home in the case of a bankruptcy by the lender, if legal title remains with the lender. This raises concern that mortgage holders could lose their homes if creditors come after the lender's assets. ...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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AMR Bonds Signal Plan to Ditch Older Jets in Bankruptcy: Corporate Finance
BloombergDecember 1, 2011

... labor costs with larger rivals United Continental Holdings Inc. and Delta Air Lines Inc. American's cost structure, compared with other airlines, had become “untenable,” said Harvey Miller, the company's bankruptcy lawyer, at a court hearing Nov. ...more »

Disputes With Irs
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Law enforcement official: FBI, IRS agents searching home of DC Councilmember ...
Washington PostDecember 2, 2011

WASHINGTON — FBI and IRS agents searched the home Friday of DC Councilmember Harry Thomas Jr., who's been under investigation for several months after being accused of diverting more than $300000 in city funds for personal use. ...more »

Garnishment
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Again: Firefighters let home burn to the ground because owners didn't pay $75 fee
Hot AirDecember 7, 2011

If the owner's middle class, he'll likely have some savings with which to reimburse the department for the cost; if the owner's poor, he could agree to have his wages garnished going forward to partially reimburse them. Either way, the resulting ...more »

Chapter 7 Bankruptcy
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Corp. crime still pays
Boston HeraldDecember 2, 2011

It has been 10 years since the dramatic Enron bankruptcy, but the DNA at the crime scene remains unchanged. Management still fabricates revenue or expenses, stocks get inflated, boards remain asleep, investors are duped, ...more »

Personal Bankruptcy
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American Air workers set to lose big
CNNDecember 1, 2011

American Airlines' pilots, and other employees, are likely to be big losers in the airline's bankruptcy reorganization. NEW YORK (CNNMoney) -- Tough times await most of the 81000 employees at ...more »

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