Eastman Kodak Co. is asking a bankruptcy court judge to allow it to end retiree medical and other benefits at the end of the year as part of its restructuring.
The company said Wednesday it’s reached an agreement with the court-appointed committee of retirees to pay a total of almost $660 million…
Read more: http://www.moneynews.com/Economy/Kodak-Bankruptcy-retiree-benefit/2012/10/10/id/459512#ixzz28xAGS0hm
From 69 News & Associated Press:
Be ready to show ID at the polls in November.
A Pennsylvania judge on Wednesday refused to stop a tough new voter identification law from going into effect, which Democrats said will suppress votes among President Barack Obama’s supporters.
Commonwealth Court Judge Robert Simpson said he wouldn’t grant an injunction that would have halted the law requiring each voter to show a valid photo ID.
HARRISBURG, Pa. (AP) — The first legal test for Pennsylvania’s tough new voter identification law started Wednesday, with state lawyers calling the measure a completely rational step while opponents attacked it as an unnecessary, unjustified and partisan scheme that violates the constitution.
Lawyers delivered their opening statements to Commonwealth Court Judge Robert Simpson, who must decide whether to block the law from taking effect in this year’s election as part of a wider challenge to its […]
TALLAHASSEE, Fla., June 1, 2012 –/PRNewswire-USNewswire/ — Activist attorney Larry Klayman announced today that Judge Terry Lewis of Leon County, FL has set a hearing on June 18th, 2012 at 9:00am to hear arguments from both sides about whether the eligibility of President Barack Hussein Obama can be determined in open court. Judge Lewis made crucial rulings in the famous Bush v. Gore case in 2000, in which Mr. Klayman […]
Updated 6:55 p.m. ET
(CBS News) In the escalating battle between the administration and the judiciary, a federal appeals court apparently is calling the president’s bluff — ordering the Justice Department to answer by Thursday whether the Obama Administration believes that the courts have the right to strike down a federal law, according to a lawyer who was in the courtroom.
The order, by a three-judge panel of the […]
From Peter L. Brandt:
The Wall Street Journal reported Friday that FBI Director Louis Freeh is planning to ask the bankruptcy-court judge in charge of the case to approve potential bonuses for MF Global executives Bradley I. Abelow, Henri J. Steenkamp, and Laurie R. Ferber, according to people familiar with the situation.
The payouts likely would be made in pieces throughout 2012. As many as 20 or so other MF Global employees […]
The 40-year-old heir to the Rothschild banking dynasty lost a libel action over a newspaper article which suggested that he had helped smooth a £500 million deal with America’s biggest aluminum company, Alcoa.
The story, published in the Daily Mail, claimed that Mr Rothschild used Lord Mandelson, then European Commissioner for Trade, to impress Oleg Deripaska, the billionaire owner of Russia’s biggest aluminum plant, during a visit to Siberia.
By Emma Brown
Amy Denicore helps her daughter Daisy, 7, with a school project. (Astrid Riecken – FOR THE WASHINGTON POST)Amy and Mark Denicore are headed to a full-blown trial to defend themselves against charges that they violated Virginia law by making their kids late to elementary school too often.
The Loudoun County couple was arraigned Monday morning in juvenile and domestic relations court. Judge Pamela L. Brooks set a trial date of […]
Wow man, another story of illegal conduct that is unpunished and excused.
“A personal bankruptcy is supposed to cut borrowers loose from lenders and debt collectors, but Capital One Financial Corp.—one of the nation’s largest credit-card issuers—sometimes doesn’t want to let go.
It wasn’t the first time the company went after its customers for debts that had been snuffed out in bankruptcy, even though the practice is illegal. A court-appointed auditor concluded […]
Last month, the capital city of Pennsylvania filed for Chapter 9 bankruptcy protection. Harrisburg had taken out a $317 million loan to fund a municipal incinerator, but it didn’t have the money to pay even interest on the loan, much less the principal.
So the Harrisburg City Council did what any debtor, backed into a corner and seeing no way out, would do. Itfiled for bankruptcy protection.
Court Calls “Backsies” […]
By Daryl Slade
CALGARY — A former Calgary man who used his BlackBerry to surreptitiously record a video of his naked 13-year-old stepdaughter after she finished showering has been sent to jail.
Provincial court Judge Paul Mason said in sentencing the 45-year-old man to four months for voyeurism that because of the proliferation of similar offences, there must be a sentence that has some teeth.
Mason said many such recent […]
For them not to release these details would be like trying to buy a used car, asking to have a peek under the hood and being told you are not allowed, but trust the salesman, it’s for your own good.
” March 19 (Bloomberg) — The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest U.S. government bailout ever, a federal appeals court […]