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

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Failed Solar Company's Auction Draws Bargain Hunters
New York TimesNovember 1, 2011

To some people, the bankruptcy of the solar-module maker Solyndra shows the folly of government trying to pick winners in technology markets. To others, the furor over its $535 million federal loan guarantee represents an attack on the solar industry ...more »

Malaysia court rules against student politics ban
The AustralianNovember 1, 2011

Students have long campaigned for a repeal of the 1971 Universities and University Colleges Act (UUCA), which bars them from joining political parties and trade unions, saying the ban violates human rights and free speech. Malaysia's Court of Appeal ...more »

Bankruptcy Law News and Stories

Bad Credit History
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MF Global Acknowledged Diverting Customer Funds
Wall Street JournalNovember 1, 2011

By law, clearing firms like MF Global are required to "segregate" the funds of their customers from the firm's own assets and from one another. If a broker fails, separate accounts make it easier to transfer customers' futures positions and funds to ...more »

Collections
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Gallagher Law Firm Names New Client Development Director
PR Web (press release)November 2, 2011

The Gallagher Law Firm is a regional firm located in mid-Michigan, providing statewide legal service in the areas of business law, estate planning and probate, tax law, real estate, bankruptcy, collections and litigation. The firm's AV-rated, ...more »

Chapter 11, Chapter 13 Bankruptcy
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Judge rejects both Tribune bankruptcy plans
ReutersNovember 1, 2011

I am uncertain, at this point, what steps the debtors or other parties may take as a consequence of this decision," wrote Delaware's chief bankruptcy judge, Kevin Carey, in a 126-page opinion. Carey was charged with deciding a range of legal questions, ...more »

Disputes With Irs
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IRS More Than Triples Reviews of Prisoners' Taxes, US Says
BusinessWeekNovember 1, 2011

1 (Bloomberg) -- The Internal Revenue Service improved its performance in spotting fraudulent tax filings and increased its review of prisoners' returns, according to a government watchdog's review of the 2011 tax filing season. The IRS continued to ...more »

Garnishment
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GALBREATH v. MARTIN
Leagle.comNovember 11, 2011

On December 13, 2010, appellee filed a non-wage garnishment against appellant's checking account at The Huntington National Bank. However, the bank indicated that there was "nothing under judgment debtor with information provided." (See Dec. ...more »

Chapter 7 Bankruptcy
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Accused Embezzler Arrested, Police Release Photo
KKTV 11 NewsNovember 1, 2011

The owners of the business found out about the embezzlement when they had to file for bankruptcy. Detectives with the Financial Crimes Unit reviewed the business records and Bratcher's records and found she issued large checks from the business account ...more »

Personal Bankruptcy
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Suit Drags on Against the Lawyer Who Wrote the Book On Legal Mal
Texas LawyerNovember 1, 2011

Hilton Stein, the once dean of legal -malpractice lawyers who went bankrupt and has been on disability inactive status since 2002, is fighting to stave off trial of a nearly 10-year-old suit by a former client. The case, Mehta v. Stein, Bankr. No. ...more »

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