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

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A federal takeover of education
Washington PostOctober 1, 2011

Such federal aid to education came in 1965, the year of liberals living exuberantly, which produced Medicare and the Elementary and Secondary Education Act (ESEA). The latter completed the long repudiation of the idea that some sectors of life are ...more »

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 »

Bankruptcy Law News and Stories

Bad Credit History
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Report says Fannie had warnings in '03
Boston GlobeOctober 4, 2011

Only after news reports in mid-2010 began to describe the dubious practices, like the routine filing of false pleadings in bankruptcy courts, did Fannie Mae's overseer start to scrutinize the conduct. The report was critical of that overseer, ...more »

Collections
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Week in review: Gaile Owens to be freed
The TennesseanOctober 2, 2011

The economy has shown some brightening signs so far this year with sales tax collections in the Nashville area, construction employment and some other indicators ticking higher, forecasters at the Middle Tennessee State University Economic Outlook ...more »

Chapter 11, Chapter 13 Bankruptcy
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Windrush School Enters Bankruptcy, Gets $250K Matching Pledge
Patch.comOctober 1, 2011

Threatened with imminent closure because of a large bond debt, El Cerrito's Windrush School entered bankruptcy today, Friday, and secured a $250000 matching pledge from an anonymous donor, the school said. By Charles Burress Sign at the entrance to El ...more »

Disputes With Irs
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Tel Aviv Judge Resigns over Tax Evasion Allegations
Arutz ShevaOctober 3, 2011

Judge Dan Mor of the Tel Aviv Magistrates Court announced, Monday, that he was stepping down after Attorney General Yehuda Weinstein gave the police approval to investigate Mor on allegations of tax evasion. A random review of the tax file of Mor's son ...more »

Personal Bankruptcy
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Crystal Cathedral Bankruptcy: 'Miracle Faith Offering' Drive Falls Short
Christian PostOctober 1, 2011

The bankruptcy sale of Crystal Cathedral, the glass-walled Orange County church known for its "Hour of Power" broadcasts, has touched off a bidding war between a Roman Catholic diocese and a local university. The church's ministry, meanwhile, ...more »

Chapter 7 Bankruptcy
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Another Fannie Mae faux pas
Houston Chronicle (blog)October 4, 2011

The financing firm knew as early as 2003 that law firms it hired to handle foreclosures were engaging in abusive practices such as filing false pleadings in bankruptcy courts, but it did little to correct the problem, according to a report by the ...more »

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