Archive for the Law & Ethics Category

Surprise mayor: Personal bankruptcy won’t affect campaign

Friday, January 28, 2011 No Comments

Mayor’s bankruptcy could stall his re-election bid or become little more than a campaign road bump.

‘Bankruptcy best for California economy’

Tuesday, January 25, 2011 No Comments

Though US law prohibits states from declaring bankruptcy, it could be California’s best option for getting out from under a USD 25 billion budget deficit, analysts say.

Pawlenty: Consider letting states have bankruptcy

Tuesday, January 25, 2011 No Comments

Former Minnesota Gov. Tim Pawlenty says it is worth considering letting states declare bankruptcy to avoid costly pension liabilities.

Orchard Brands Files for Bankruptcy With Lender Financing Plan

Thursday, January 20, 2011 No Comments

Golden Gate Capital Corp.’s Orchard Brands, after efforts to sell the company outside of Chapter 11 failed, filed for bankruptcy court protection.

Bankrupt Vallejo May Pay Creditors 5%

Wednesday, January 19, 2011 No Comments

The city of Vallejo, California, proposed paying some creditors as little as 5 percent of what they are owed, making it the first general municipality that would fail to fully repay its debts in bankruptcy.

Kickstarter Takes Movie From Bankrupt To Sundance

Tuesday, January 18, 2011 No Comments

For those who felt that Kickstarter – the crowd-sourcing investment site that allows artists to own their own work – was little more than a vanity press for the digital age, meet Matthew Lessner.

Separate fact, fiction in bankruptcy filing

Sunday, January 16, 2011 No Comments

With the continuing economic struggles that many Americans are experiencing, we have seen a dramatic

Christie’s `Bankrupt’ Comments Draw Criticism as Debt Costs May Increase

Friday, January 14, 2011 No Comments

New Jersey Governor Chris Christie ’s comments that rising health-care costs might “bankrupt” the state, made on the same day of a planned bond sale, drew criticism for their poor timing and may have driven borrowing costs higher.

Zagreb’s popular radio bankrupt, could shut down

Tuesday, January 11, 2011 No Comments

Zagreb’s Radio 101, which became known for its fierce opposition to Franjo Tudjman, the late authoritarian president, has been declared bankrupt and could be shut down.

Justices Rule on Medical Residents and Bankrupt Car Owners

Tuesday, January 11, 2011 No Comments

The Supreme Court says medical residents must pay Social Security taxes, and some bankrupt car owners are not entitled to shield a monthly amount for the “ownership costs” of their vehicles.

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