Pages
March 2026 M T W T F S S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Categories
Archives
Blogroll
Category Archives: General
Lawyer accused of calling opposing counsel ‘lowlife bottom-feeder’ says term was ‘entirely truthful and accurate’
A suburban Chicago lawyer has admitted that he called a judge a clown and an opposing lawyer a “lowlife bottom-feeder,” but he said his comments were truthful or constitutionally protected speech. Lawyer Edwin Franklin Bush III of Des Plaines, Illinois, … Continue reading
Posted in General
Leave a comment
Old Country Buffet’s Bankrupt Parent Is Up for Sale Again
The on-again, off-again sale of the former Buffets Inc. empire is on again: Fresh Acquisitions, the owner of Old Country Buffet, HomeTown Buffet, Tahoe Joe’s and other concepts, has another buyer, restaurantbusinessonline.com reported. This time it’s Serene Investment Management, an … Continue reading
Posted in Bankruptcy, General
Leave a comment
SEC Gives Whistle-Blower $110 Million in Second-Biggest Payout
The U.S. Securities and Exchange Commission awarded $110 million to a tipster whose information resulted in enforcement actions, bringing total payments under the agency’s whistle-blower program to more than $1 billion, Bloomberg News reported. The tipster’s award, the second-largest ever, … Continue reading
Posted in General
Leave a comment
Massachusetts Reaches $27 Million Settlement with Auto Lender
A national subprime auto lender has agreed to pay more than $27 million to settle allegations that it took advantage of thousands of Massachusetts borrowers, according to the state attorney general’s office. The settlement with Credit Acceptance Corp. in Suffolk … Continue reading
Posted in General
Leave a comment
Former NFL Players Plead Guilty to Healthcare Fraud
Clinton Portis was among three former National Football League players who have pleaded guilty for their roles in a nationwide scheme to defraud a healthcare program for retired NFL players, according to the U.S. Justice Department. Portis, a former running … Continue reading
Posted in Fraud, General
Leave a comment
VW Reaches $42 Million Settlement with U.S. Owners over Takata Air Bags
Volkswagen’s U.S. unit has agreed to a $42 million settlement covering 1.35 million vehicles that were equipped with potentially dangerous Takata air bag inflators, according to documents filed in U.S. District Court in Miami. The settlement is the latest by … Continue reading
Posted in General
Leave a comment
Commercial Chapter 11 Filings Decrease 50 Percent in August from Last Year, Total Filings Down 18 Percent
Commercial chapter 11 filings decreased 50 percent in August 2021 from last year, according to data provided by Epiq Systems, Inc. The 264 commercial chapter 11 filings in August 2021 fell by exactly half from the 528 filings registered in … Continue reading
Posted in Bankruptcy, General
Leave a comment
Kansas Has the Third-Highest Amount of Farm Bankruptcies in the U.S.
Although farm insolvencies have declined nationally, Kansas is third highest in the nation for these bankruptcies. Beginning from June 2020 through June 2021, Kansas chapter 12 farm bankruptcies trailed only Wisconsin and Minnesota. According to the American Farm Bureau Federation, … Continue reading
Posted in Bankruptcy, General
Leave a comment
Report: 44 Percent of U.S. Small Businesses Have Less than 3 Months’ Worth of Cash
More than 18 months into the pandemic, bakery owner Letha Pugh is so low on cash that she’s afraid to spend it on anything other than paying her employees. She’s hardly alone: 44% of U.S. small businesses have less than … Continue reading
Most Expensive Home in America Defaults on $165 Million in Debt, Heads for Sale
A Los Angeles megamansion once expected to list for $500 million has gone into receivership after the owner defaulted on more than $165 million in loans and debt, according to court filings. The 105,000-square foot Bel Air estate, known as … Continue reading
Posted in Debt, General
Leave a comment