Trusts & Estate Planning News. Crime Stories, Law on News and Legal Publications in October, 2011

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Kodak denies bankruptcy plan but shares plummet
Economic TimesOctober 1, 2011

Eastman Kodak Co shares lost more than half their value on Friday as the company hired a law firm well-known for bankruptcy cases, triggering speculation that the photography pioneer could file for bankruptcy. Kodak, which delivered the first consumer ...more »

'It Wasn't a Bluff,' Cuomo Asserts
Wall Street JournalOctober 1, 2011

Andrew Cuomo's showdown with the state's second-largest public employees union this week has provided the most telling test yet of his effort to force labor concessions in the nation's most-unionized state. Mr. Cuomo on Friday stood firm on his ...more »

Trusts & Estate Planning News and Stories

Asset Protection
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RTS Offers Services to Support New Swap Execution Facilities as Dodd-Frank Act...
PR Newswire (press release)October 3, 2011

CHICAGO, Oct., 3, 2011 /PRNewswire/ -- The US Dodd-Frank Wall Street Reform and Consumer Protection Act has spawned the creation of regulated Swap Execution Facilities (SEFs) that must capture trades electronically and offer central clearing of ...more »

Guardianship & Conservatorship
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Lowell's plan to allow 17-year-olds to vote unconstitutional, Galvin says
Boston HeraldOctober 1, 2011

... Secretary of State and legislative director Michael Maresco wrote that the home rule petition pending in the House ran counter to Massachusetts general laws that require voters to be at least 18 years old and not under guardianship or incarcerated. ...more »

Charitable Trusts
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Lettuce recall expanded at True Leaf in San Juan
Hollister Free LanceOctober 3, 2011

Erik Olson, director of Food Programs at Pew Charitable Trusts, said he didn't want to speculate on the source of the listeria in advance of the results of the FDA investigation. He said food-borne illnesses in fruits and vegetables can come from ...more »

26 arrested in investigation
Jackson SunOctober 2, 2011

Assisting in the operation were the Madison County Sheriff's Office, Jackson Police Department's Street Crimes Unit and Gang Enforcement Unit, Tennessee Bureau of Investigation, Carroll County Sheriff's Office Drug Unit, West Tennessee Drug & Violent ...more »

Living Trusts
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Senior Housing Properties lifts payout 2.7%
MarketWatchOctober 4, 2011

The penny increase to 38 cents a share will cost the real-estate investment trust an additional $1.5 million a quarter. The company owns independent and assisted-living communities, nursing homes, rehabilitation hospitals and medical office ...more »

Estate Administration
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Appleby Appoints Vanessa Schrum
BernewsOctober 7, 2011

Ms Schrum has been with Appleby for 13 years, she has extensive experience advising on a wide range of trust and estate planning matters. She often advises on the use of Bermuda private and commercial trust structures, the administration of complex and ...more »

Power Of Attorney
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Lakeland will forfeit 2010 season
News ChiefOctober 4, 2011

That's when Wilson's mother signed a power of attorney document in which she consented to "temporary custody of said child by the custodian for the period and purpose as follows: to enroll in school, for medical, dental care." Whether that document is ...more »

Brown Santa Program Coming to Llano County
The Llano NewsOctober 5, 2011

The program, which has been successful in other counties, collects funds to purchase gifts, as well as donations of gifts, and gives them to children and families who meet criteria of need. This is the first year that Llano County has hosted this ...more »

Revocable & Irrevocable Trusts
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Charitable remainder trusts: How the wealthy give it away and get it back
International Business TimesOctober 2, 2011

But experts warn CRTs demand a high degree of planning and attention to the fine points of tax law. “There are many, many tricky rules that apply to charitable remainder trusts,” says Jonathan Blattmachr, a director of Eagle River Advisors in New York ...more »

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