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 »

Trying Youth Offenders as Adults
SantaCruz.comSeptember 1, 2011

According to the report, trying juveniles as adults does not act as a deterrent. Though juvenile crime is down statewide since 2001, the counties most likely to try kids as adults saw juvenile crime rates fall at a slower rate. ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Could Central Falls' bankruptcy petition be rejected à la Boise?
WPRI-TV 12 (blog)September 3, 2011

The city is arguing that its personnel and pension costs are the problem, not its bonds – in fact, Rhode Island's new state law explicitly protects bondholders from taking a haircut as part of the bankruptcy process, which no other state has tried to ...more »

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Madoff, M Waikiki Hotel, Ambac, Borders, West End: 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 has yet to rule on a motion by a customer who wants a fraudulent transfer suit under ...more »

Chapter 11, Chapter 13 Bankruptcy
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AMR Faces Union Stalemate in Bid for $800 Million Labor Savings
BloombergSeptember 2, 2011

Unions for the pilots, flight attendants and ground workers want to recoup at least part of the $1.6 billion in annual concessions made to avert bankruptcy in 2003. Fort Worth, Texas- based AMR seeks productivity gains to cut labor bills that are ...more »

Disputes With Irs
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Naples couple indicted, accused of withholding $600000 from IRS
Naples Daily NewsSeptember 1, 2011

8 by a federal grand jury on one count of conspiracy to defraud the government, 11 counts of failure pay employment taxes and one count of obstructing the IRS, according to Department of Justice press release. The indictment alleges the Chaudhuris, ...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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Saab Files for Bankruptcy Protection
Wall Street JournalSeptember 7, 2011

Hans Elliot, senior associate at law firm Glimstedt, said it could take some "pedagogic effort" to convince the court to approve the application as the company's track record includes a previous reorganization. "Mildly put, this is no plus," he said. ...more »

Personal Bankruptcy
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US-backed solar firm files bankruptcy
Boston GlobeSeptember 1, 2011

Solyndra is the third solar company to seek bankruptcy protection in August. Officials said yesterday that the global economy and unfavorable conditions in the solar industry combined to force the company to suspend its manufacturing operations. ...more »


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