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

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Discrimination hearing will be set for former Mason City police officer
Mason City Globe GazetteSeptember 1, 2011

Regarding the religion discrimination, Ohl said in her deposition, “Repeated comments from other officers and supervisor about my religious practices also lead me to believe the decisions to deny me promotional opportunities and treat me differently ...more »

A Franchise Star Anchors The Newest Madden
Kotaku AustraliaSeptember 1, 2011

Disaster struck in week nine when I lost my starting right tackle, Khalif Barnes, for the year with a busted tailbone. Two weeks later, I lost my starting right guard, Cooper Carlisle, effectively for the year with a partial ACL tear. ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Foreign Transaction Costs – and 5 Other Credit Card Pet Peeves
Money Talks News (blog)September 1, 2011

Visa created a website called “Practical Money Skills For Life” that says, among other things, the following: This general “rule of thumb” helps you understand how much credit you can afford. Credit cards are loans, so avoid borrowing more than 20 ...more »

Collections
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Minnesota attorney general sues 5 Internet payday lenders
Pioneer PressSeptember 7, 2011

... ordered the company to pay refunds to consumers who had received collection notices, wage-garnishment requests or court documents from the company. Under Minnesota laws, loans between $250 and $350 are capped at 6 percent interest plus a $5 fee. ...more »

Chapter 11, Chapter 13 Bankruptcy
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Formerly bankrupt companies become targets
ReutersSeptember 1, 2011

Other media companies that came into financial ownership through bankruptcy include Charter Communications (CHTR.O), partly owned by Apollo Management (APO.N); RHI Entertainment, the Journal Register, Young Broadcasting, and ION Media Networks. ...more »

Disputes With Irs
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Unleashing Deductions for Your Pets
Wall Street JournalSeptember 2, 2011

The IRS rejected the deduction, and the Tax Court sided with Ms. Van Dusen. The IRS has about three more months to appeal, and a spokesman declined to say whether it would. Jonathan Lovvorn, chief counsel at the Humane Society of the US, says his group ...more »

Garnishment
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Minnesota attorney general sues 5 Internet payday lenders
istockAnalyst.com (press release)September 9, 2011

... ordered the company to pay refunds to consumers who had received collection notices, wage-garnishment requests or court documents from the company. Under Minnesota laws, loans between $250 and $350 are capped at 6 percent interest plus a $5 fee. ...more »

Chapter 7 Bankruptcy
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Madoff Trustee Can't Use U.S. Law Abroad, Funds, Banks Argue
BloombergSeptember 2, 2011

Banco Bilbao Vizcaya Argentaria SA asked a judge this week to dismiss a $45 million suit by Picard, saying US bankruptcy law doesn't empower him to take back money withdrawn from the Ponzi scheme in other countries. “The statute is silent as to its ...more »

Personal Bankruptcy
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$157M bank loan may let Saab avert bankruptcy
Detroit Free PressSeptember 1, 2011

Saab Automobile, the cash-starved Swedish carmaker, is close to getting a loan of about 1 billion kronor ($157 million) to pay overdue salaries and avert a looming bankruptcy, three people familiar with the matter said. ...more »

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