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Category Archives: General
Fried Chicken Chain Church’s Begins Bond Sale to Refinance Debt
American fried chicken chain Church’s is tapping the U.S. securitization market to raise about $250 million to refinance debt. Cajun Global LLC, a master trust associated with the fast food chain, is in the early stages of marketing a whole … Continue reading
Posted in Debt, General
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U.S. Jobless Claims Drop to Pandemic Low of 281,000
The number of Americans applying for unemployment benefits fell to a pandemic low as the job market continues to recover from last year’s coronavirus recession. Jobless claims dropped by 10,000 to 281,000, the lowest since mid-March 2020, the Labor Department … Continue reading
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Tesla’s Market Value Tops $1 Trillion After Hertz Orders 100K Cars
Hertz announced that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation’s increasing commitment to EV technology. The news of the deal triggered a … Continue reading
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KC-area businessman accused of money laundering
The KSHB 41 I-Team traveled to the waterfront Lake of the Ozarks house owned by a Kansas City-area businessman who’s accused of purchasing the property with COVID-19 relief funds. The IRS accuses Campbell of money laundering and wire fraud in connection to … Continue reading
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‘We were going to lose.’ Jackson County settles with church over COVID-19 limits
Acknowledging they would likely lose in court, Jackson County and its health department will pay the legal fees of an eastern Jackson County mega church that challenged the county’s COVID-19 restrictions in federal court. The $146,750 payment to Abundant Life Baptist … Continue reading
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New Home Sales Jumped 14% in September
Sales of new homes jumped 14% in September to the fastest pace in six months as strong demand helped offset rising prices, the Associated Press reported. The Commerce Department reported Tuesday that sales of new single-family homes rose to a … Continue reading
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Roughly 75 Percent of Eviction Aid Has Not Reached Renters
Roughly $10 billion of a $46 billion pool of federal rental aid has made it to renters, landlords and utility companies after another $2.8 billion was disbursed by state and local governments in September. Treasury said that funds from the … Continue reading
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Man arrested and two women rescued in human trafficking sting
A multi-agency human trafficking sting out of Platte County resulted in the arrest of a Lee’s Summit man and the rescue of two women authorities say were victims of trafficking. Sean D. Green, 29, was charged with felony trafficking for … Continue reading
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Non-traditional families may qualify for advance child tax credit payments
Families come in all shapes and sizes – and some families may not realize they could receive advance payments of the 2021 child tax credit in the last months of this year. The IRS urges grandparents, foster parents or people … Continue reading
Posted in General, Taxation
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$10,00 Sanction for Violating Rule 11 With Over-the-Top Allegations of Stay Violation
Bankruptcy Judge John E. Waites demanded $10,000 in sanctions under Rule 9011 for filing a Section 362(k) complaint asking for $50,000 in actual and punitive damages. The debtor owed about $900 to his doctor but did not list it in … Continue reading
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