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

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Grand America audit turns up undocumented workers
Salt Lake TribuneSeptember 1, 2011

‚ÄúSuch businesses gain a competitive edge by paying illegal alien workers low wages or otherwise exploiting them. These inspections are one of the most powerful tools the federal government has to ensure that businesses are complying with US employment ...more »

Richmond Car Accident Attorneys Encouraged By Virginia's Reduction in DUI ... (press release)September 1, 2011

Although that figure was down from 294 fatalities in 2008, hundreds of people are still losing their lives because of entirely preventable behavior, the law firm says. The Virginia auto accident attorneys at Marks & Harrison urge motorists to pay heed ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Denmark Approves Bank Rescue Package to Repair Bail-In Damage
BloombergSeptember 7, 2011

26 the new package will reduce the risk of more failures while Moody's Investors Service said four days later the measures were credit positive. Under the proposal, the state's winding-up unit Financial Stability will take over bad loans from ailing ...more »

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Are Federal Benefits Safe From Garnishment?
Fox BusinessSeptember 1, 2011

Here is what you need to know: --The new law became effective May 1, 2011, and requires banks to review accounts when they receive a garnishment order. If the account contains federal benefits from any of the following sources, then the bank must ...more »

Chapter 11, Chapter 13 Bankruptcy
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CEO Marchionne can reshape Chrysler board
Detroit Free PressSeptember 1, 2011

Five of the nine members who are on Chrysler's board of directors were appointed by the US and Canadian governments in 2009 when the automaker emerged from Chapter 11 bankruptcy. At the time, Chrysler owed money to the governments, and they held ...more »

Disputes With Irs
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Tax for Greene County public safety won't be ballot
KY3September 1, 2011

With a sour economy, authorities say more people are committing crimes. It's that same financial state that may make a tax to fund a fix so unpopular. "I don't know what you call that, but it is irony that if for sure," Bentley said. ...more »

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Cosigning Bad Credit Auto Loans
Auto Credit Express (blog)September 11, 2011

In addition to the primary borrower, both co-signers and co-buyers can be subject to collection action, including wage garnishment, if the loan goes into default. 4. During the application process, the lender will review the credit reports of both ...more »

Chapter 7 Bankruptcy
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Madoff, Borders, West End, Point Blank, Farenco: Bankruptcy
BusinessWeekSeptember 2, 2011

Rakoff has been taking suits away from the bankruptcy court where claims are based on common law. The new suits only make claims under bankruptcy law. Still, Rakoff is yet to rule on a motion by a customer who wants a fraudulent transfer suit under ...more »

Personal Bankruptcy
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US judge to decide on Drumm bankruptcy trial
RTE.ieSeptember 1, 2011

A judge in the United States is to decide whether a fresh claim by Anglo Irish Bank about its former chief executive, David Drumm, merits a high-profile bankruptcy trial. It emerged last night that the bank has asked a US court to deny David Drumm a ...more »


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