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

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Iconic for decades, time running out for Kodak
CNBC.comOctober 1, 2011

Concerns about the company's future boiled over on Friday, after it hired a law firm well-known for bankruptcy cases, sending its shares down 54 percent to 78 cents per share. Although Kodak said it has "no intention" of filing for bankruptcy, ...more »

'It Wasn't a Bluff,' Cuomo Asserts
Wall Street JournalOctober 1, 2011

Andrew Cuomo's showdown with the state's second-largest public employees union this week has provided the most telling test yet of his effort to force labor concessions in the nation's most-unionized state. Mr. Cuomo on Friday stood firm on his ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Financing help offered for Whatcom County septic tank work
TheNewsTribune.comOctober 1, 2011

... is now available to help Whatcom County residents pay for repair of failing septic systems. The County Council agreed to set up the program after the county imposed new inspection requirements on septic systems, following mandates in state law. ...more »

Collections
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Dodgers, Solyndra, Viceroy, Innkeepers, Lehman: Bankruptcy
BusinessWeekOctober 3, 2011

Opposing dismissal, the resort described how Starwood used authorization from the bankruptcy court and foreclosed the property, leaving the company in bankruptcy with no ongoing business, no assets, and nothing to distribute to creditors. ...more »

Chapter 11, Chapter 13 Bankruptcy
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Dodgers, Solyndra, Viceroy, Innkeepers, Lehman: Bankruptcy
BusinessWeekOctober 3, 2011

Opposing dismissal, the resort described how Starwood used authorization from the bankruptcy court and foreclosed the property, leaving the company in bankruptcy with no ongoing business, no assets, and nothing to distribute to creditors. ...more »

Disputes With Irs
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Ken Burns' 'Prohibition': A Documentary About the Promise of America
The Faster TimesOctober 3, 2011

But once we start down this road, we have to be very careful it doesn't become an opportunity squandered–on wars of choice, or on tax-cuts for the rich, or on any other genuinely immoral enterprise. There aren't that many victimless crimes to ...more »

Garnishment
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TALX Announces Paperless Automated Garnishment Service
MarketWatch (press release)October 2, 2011

LOUIS, Oct. 2, 2011 /PRNewswire via COMTEX/ -- TALX, provider of Equifax Workforce Solutions and a leader in human resource, payroll and tax-related services, today announced the release of a new garnishment service that leverages The Work Number® ...more »

Chapter 7 Bankruptcy
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Nassau seeks Chapter 11, not 7
Radio & Television Business ReportOctober 6, 2011

As predicted, Nassau Broadcasting Partners has asked a US Bankruptcy Court to convert the involuntary Chapter 7 bankruptcy liquidation petition to a chapter 11 proceeding that would allow the radio company to continue operating. ...more »

Personal Bankruptcy
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Kodak shares plunge as bankruptcy fears escalate
BusinessWeekOctober 1, 2011

Investors dumped Eastman Kodak's stock Friday amid fears that the photography pioneer is headed toward bankruptcy. After its stock lost more than half its value in a volatile day of trading, Kodak tried to paint a rosier picture. ...more »

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