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

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Solaria Considers Tax Break in California Expansion
BusinessWeekOctober 1, 2011

Under a 2010 law, the state Alternative Energy and Advanced Transportation Financing Authority can exempt sales taxes on equipment, the building or assembly of alternative-energy manufacturing and landfill-gas plants. The authority plans to vote on ...more »

Ill. Judge Allows State to Break Contracts With Catholic Charities
Christian PostOctober 1, 2011

The state contracts, collectively worth $30 million, make up 80 percent of its foster care budget. However, the state of Illinois has chosen, since the June 1 enactment of the Religious Freedom Protection and Civil Unions Act, to direct the money and ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Kodak creditors talking to advisers-sources
ReutersOctober 3, 2011

After the market closed on Friday, Kodak said it had no plans to seek bankruptcy protection, but said it had engaged outside advisors including law firm Jones Day, known for handling the bankruptcy of car company Chrysler. ...more »

Collections
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BofA, Oracle, Morgan Stanley, AT&T, Madoff in Court News
BusinessWeekOctober 3, 2011

Blavatnik is seeking to dismiss some accusations made in the initial complaint, and has said Luxembourg law can't be used to sue over Netherlands-based Basell. US Bankruptcy Judge Robert Gerber denied a request to dismiss charges based on Luxembourg ...more »

Chapter 11, Chapter 13 Bankruptcy
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Dodgers ask judge to lift evidence restriction
ForbesOctober 3, 2011

The Los Angeles Dodgers asked a Delaware bankruptcy judge on Monday for permission to gather evidence on how Major League Baseball has dealt with other teams as lawyers for the Dodgers and the league prepare for a court showdown that will determine the ...more »

Disputes With Irs
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White House Conducts Press Briefing, Sept. 30
TMC NetOctober 1, 2011

And the complaints are filed to the IRS to have the IRS look into whether they're abusing their charitable PACs status. Given the President's previous denunciations of super PACs in general, does the President support an investigation like this? MR. ...more »

Garnishment
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Q&A: Can bank sue after home is deeded away?
Myrtle Beach Sun NewsOctober 6, 2011

The lender will have up to 20 years to enforce this judgment by potentially garnishing your wages or bank accounts or having the sheriff sell your property. But there are many defenses to garnishment of wages, such as being the head of your household. ...more »

Chapter 7 Bankruptcy
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BofA, Oracle, Morgan Stanley, AT&T, Madoff in Court News
BloombergOctober 3, 2011

Blavatnik is seeking to dismiss some accusations made in the initial complaint, and has said Luxembourg law can't be used to sue over Netherlands-based Basell. US Bankruptcy Judge Robert Gerber denied a request to dismiss charges based on Luxembourg ...more »

Personal Bankruptcy
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Brankrupt troubleshooter Martino sues bank accusing him of hiding assets
Denver PostOctober 1, 2011

... Holly Martino, for allegedly defaulting on a $2.83 million commercial real estate loan. Martino claims that by pursuing the lawsuit against his wife — bankruptcy laws supersede any lawsuits against a debtor — the bank is in effect suing him. ...more »

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