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

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Anglo Irish asks U.S. court to deny ex-CEO protection
ReutersSeptember 1, 2011

DUBLIN (Reuters) - Anglo Irish Bank ANGIB.UL asked a US court on Wednesday to deny its former chief executive David Drumm a discharge from United States bankruptcy laws as it seeks to recover debts of nearly $11 million from its former CEO. ...more »

Oil spill aftermath tests the legal waters
China DailySeptember 1, 2011

"Obviously in the case of the Bohai oil spills, polluting companies are not deterred by the government's administrative power, which has always been a major force in tackling pollution problems in China," said Zhou Ke, a law professor at Beijing-based ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Payments Loom for Harrisburg
Bond BuyerSeptember 2, 2011

Harrisburg is the first municipality to reject a proposed Act 47 workout since the program began in 1987. Another Piccola-sponsored bill, which became law two months ago, threatens distressed small-to-medium sized cities that file for bankruptcy...more »

Collections
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When a Bankruptcy 'Event' Doesn't Mean Bankruptcy
New York TimesSeptember 1, 2011

In finance and law, bankruptcy is understood to mean a process for resolving financial distress, like those under the United States Bankruptcy Code or the Companies' Creditors Arrangement Act in Canada. State law assignments for ...more »

Chapter 11, Chapter 13 Bankruptcy
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Anglo tries to stop former chief from declaring bankruptcy in the US
thejournal.ieSeptember 1, 2011

Drumm's hearing is ongoing in the Us Bankruptcy Court in Boston. Reuters reports that Anglo claims Drumm altered the terms of loans taken out by he and other directors of the bank to avoid any risk of personal liability. Anglo's complaints to the court ...more »

Disputes With Irs
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Miami-Dade police union: Reduce cutbacks by tackling property-tax fraud
MiamiHerald.comSeptember 2, 2011

Deputy Property Appraiser Lazaro Solis said a review of roughly 3000 allegations of all types of tax fraud would bring in, at most, about $1.7 million if all were deemed to be violations. Homestead exemption fraud happens when a resident claims the ...more »

Garnishment
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Tru Talent to pay fine over business practices
Salt Lake TribuneSeptember 7, 2011

The company also agreed not to do business in Utah for a year, cease all wage garnishments and waive all collection agency actions against current Tru Talent customers, said Francine Giani, executive director of the Utah Department of Commerce. ...more »

Chapter 7 Bankruptcy
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Clark County, Washington, records 11 percent decrease in bankruptcy filings
Bankruptcy HomeSeptember 1, 2011

The number of bankruptcy filings in Clark County, Washington, is down more than 11 percent this year compared to last year. According to The Columbian, the US Bankruptcy Court's Western Washington District is reporting 1526 filings for protection under ...more »

Personal Bankruptcy
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Holden turned to Canberra after GM bankruptcy
Sydney Morning HeraldSeptember 1, 2011

The comments were reportedly made during a meeting between Mr Reuss and officials at the US consulate in Melbourne in June 2009, two weeks after Holden's parent, General Motors, had filed for bankruptcy. With the company's local manufacturing business ...more »

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