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

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Nevada AG joins anti-human trafficking effort
KVVU Las VegasSeptember 1, 2011

Nevada Attorney General Catherine Cortez Masto Wednesday announced she has joined 45 other attorneys general in asking a popular website to remove its advertising for adult services. It is feared the web service facilitates sex trafficking, ...more »

MHT Hires a Slew
Private Equity Hub (press release)September 1, 2011

Previously, Mr. Mullen served as Managing Director of Corporate Strategy for ORIX USA Corporation; Chief Executive Officer of Comprendium Capital; Global Head of Structured Credit at ABN AMRO in London; Head of both Structured Finance and the Non-Bank ...more »

Bankruptcy Law News and Stories

Bad Credit History
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Feds: Crime ring stole vehicles to sell in Iraq
The Detroit NewsSeptember 1, 2011

Hana filed for Chapter 7 bankruptcy in April 2007, listing more than $690000 in liabilities and $455000 in assets. He said that he was unemployed and that the auto company had closed in 2006. "When people steal from American companies, we all suffer in ...more »

Collections
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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 »

Chapter 11, Chapter 13 Bankruptcy
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The Daily Docket: Solar Darling to File for Bankruptcy
Wall Street Journal (blog)September 1, 2011

Innkeepers USA Trust and Cerberus Capital Management LP sparred in court Wednesday for the first time since Innkeepers sued the private equity giant for terminating its deal to buy Innkeepers' hotels out of bankruptcy court. Read the Daily Bankruptcy ...more »

Disputes With Irs
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Veteran attorney disbarred, pleads guilty to tax evasion
Baltimore SunSeptember 1, 2011

His plea calls for him to pay more than $660000 in unpaid taxes and to forfeit more than $490000 in cash that prosecutors say he "structured," a term for depositing money into an account in increments less than $10000 to avoid IRS reporting ...more »

Garnishment
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On student loans, there's no escape from repayment
Tulsa WorldSeptember 23, 2011

Loan repayment options: Another way to avoid wage garnishment is to contact your student loan holder to negotiate a repayment schedule. See NOLO's article "Student loan repayment options" at tulsaworld.com/StudentLoanRepay Federal benefits taken: FMS ...more »

Chapter 7 Bankruptcy
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Bankruptcy Restriction Orders: HRMC gets tough with bankrupt businesses
Director of Finance onlineSeptember 5, 2011

But with HMRC and the Official Receiver taking an increasingly tough stance, it would be very dangerous to underestimate the long term consequences of being an owner of a bankrupt business.” “The authorities are making an example out of business owners ...more »

Personal Bankruptcy
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Battle over Waikiki Edition continues, owner files for bankruptcy
KHON2September 1, 2011

A court order gave it back to Marriott Tuesday, but the owners filed bankruptcy to try to stop it. The 353 room hotel that used to be part of the Ilikai had been operated by Marriott as the Waikiki edition until 2 am Sunday when the owners M Waikiki ...more »

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