Current Affairs

Crystal Cathedral gives founder board vote again

07/29/11

"The Crystal Cathedral megachurch has restored the voting rights of its founder, the Rev. Robert H. Schuller, on the church's governing board." Read more here.

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The Broke and the Beautiful: Vegas Edition

07/29/11

"This week on The Broke and the Beautiful, Beso’s back in the news and football players are fumbling. Also, actor Tobey Maguire may need to ramp up his Spidey senses for next year’s poker-lawsuit trial." Read more here.

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Madoff, Borders, Lehman, Giordano’s, Spansion: Bankruptcy

07/29/11

Nice summary of bankruptcy current events: read it here.

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Maguire's poker lawsuit heading to trial

07/27/11

"Tobey Maguire's legal battle against the bankrupt trustees of convicted conman Bradley Ruderman is heading to trial in January, 2012. The Spider-Man star is accused of beating Ruderman in a series of unlicensed poker games in California, taking more than...

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Former USC, NFL football player sentenced for bankruptcy fraud

07/26/11

"Richard Francis Sanford, 54, of Lexington, pleaded guilty in U.S. District Court in Columbia to bankruptcy fraud and was sentenced to two years’ probation, 30 days’ home confinement and 100 hours of community service, U.S. Attorney Bill Nettles said Friday."...

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Alabama's Jefferson County hires bankruptcy lawyers

07/26/11

"Alabama's Jefferson County on Tuesday hired outside bankruptcy lawyers ahead of a critical decision on its debt that could result in what would be the largest municipal bankruptcy in U.S. history. The hiring of Klee, Tuchin, Bogdanoff & Stern, LLP,...

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Bankruptcy Mortgage Project Website

07/23/11

Subject: [Bankr-L] new Bankruptcy Mortgage Project website Date: Fri, 22 Jul 2011 07:55:01 -0400 From: John Rao Reply-To: The National Consumer Law Center has set up a website that collects and makes available for download a variety of documents...

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Governor Brown Signs Bill Protecting California Homeowners from Claims by Junior Mortgage Holders Following Consent to and Completion of a Short Sale

07/22/11

July 22, 2011 Dear Insolvency Law Committee Constituency List members: The following is an EBulletin prepared by Insolvency Law Committee member Robert G. Harris: Governor Brown signs bill protecting California homeowners from claims by junior mortgage holders following consent to...

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Borders to Seek Approval of Deal to Sell 30 Stores to Books-A-Million

07/21/11

"Borders Group Inc., the bankrupt bookstore chain, may avoid a total wind-down by selling as many as 35 stores to Books-A-Million Inc. (BAMM) in a deal involving liquidators, Borders lawyer Andrew Glenn said." Read more here.

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KOBO COMMENTS ON BORDERS’ LIQUIDATION

07/21/11

KOBO COMMENTS ON BORDERS’ LIQUIDATION TORONTO – July 19, 2011 – The management of Kobo, a global leader in eReading with over 4.2 million users in more than 100 countries worldwide, has issued comments relating to the ongoing liquidation of...

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