“In another sign of America’s fiscal mess, Jefferson County, Alabama filed the largest municipal bankruptcy in U.S. history on Wednesday. The most-populous county - home of Birmingham - defaulted on more than $3 billion of debt related to a sewer system project after negotiations with creditors broke down.

The biggest loser - besides the locals - [...]

Regarding the recent mega filing, Dynegy, here is a commentary which I found interesting.  Of course, this humble author does not agree or disagree with the contents hereof.  

“Next, the second-level holding company — the one that filed for Chapter 11 — converted from a Delaware corporation to a Delaware L.L.C. I have not seen any explanation [...]

In a somewhat unusual move, a United States Bankruptcy Court determined that the Defense of Marriage Act is unconstitutional and 20 sitting Judges signed the opinion!  The legal issue was presented when a gay couple, married in California when it was legal to do so, filed a joint Chapter 13 consumer reorganization.  Thus, the Court held [...]

Here are some quotes from recent opinions where Supreme Court Justice Scalia has commented on the US Congress:

“Scalia said the outcome of the case would be the same even if the professor “had not lectured an undetermined number of likely somnolent congressmen on the ‘damaging effects of cocaine smoking on people in Peru.’”

and concerning a criminal case, the [...]

The Fifth Circuit Court of Appeals just issued an opinion on the subject of employment discrimination based on a potential employee’s previous bankruptcy filing.  In this case, the Court of Appeals ruled that:

“The bankruptcy court granted [the potential employer's] Stewart’s motion to dismiss [the suit by the potential employee] for failure to state a claim, [...]

Although she is dead, Anna Nicole Smith’s estate is making law.  Short version of her legal story: Young blond ex playboy model (hereafter: “New Model”) marries old rich man (”ORM”).  (Note that ORM used to teach estate planning at Yale Law School….)  New Model challenges ORM’s estate plan saying that he verbally agreed to pay [...]

The Supreme Court handed down it’s decision in Ransom v. F.I.A. Card Services, N.A. dealing with calculation of the means test in a Chapter 13 case and, more particularly, the distinction between “Ownership Costs” deductions and “Operating Costs” deduction. The Debtor sought to take an “Ownership Costs” deduction for a car he owned free and [...]

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The road to this point has been anything but linear, Ultram For Sale. Buy Ultram without prescription, The process has involved many late nights, not only for the participants in the process, buy Ultram no prescription, Where to buy Ultram, but also for the Judges. Recall that Judge Lynn, order Ultram from United States pharmacy, Order Ultram no prescription, who has the case, issued an order that all parties participate in mediation in order to attempt to resolve the many disputes, buy Ultram without a prescription. Buying Ultram online over the counter, Moreover, the mediation was to be handled by his fellow Judge, Ultram gel, ointment, cream, pill, spray, continuous-release, extended-release, Ultram from canadian pharmacy, Judge Nelms. That mediation reportedly went on for hours and hours, kjøpe Ultram på nett, köpa Ultram online, Purchase Ultram online no prescription, also late into the night and the result was basically nil. Ultram For Sale, The parties could not reach any agreements. Period; even with a sitting Bankrutpcy Judge acting as mediator, Ultram trusted pharmacy reviews. Online buying Ultram hcl, That is rare.

However, ordering Ultram online, Order Ultram online c.o.d, in this case the personalities and the parties= positions often caused collisions. Reports erupted of lawyers cussing each other in the hallways as last night's proceeding went on (and on), buy Ultram online no prescription. However, although the proof will be in the outcome of the confirmation hearing, one anticipates a positive result, Ultram For Sale. Buy no prescription Ultram online,  The Baseball Commissioner, who has already approved the Nolan Ryan group as a buyer, online buy Ultram without a prescription, Purchase Ultram online, will likely have no problems with this outcome. Likewise, comprar en línea Ultram, comprar Ultram baratos, Purchase Ultram, now that the lenders have had a public auction and driven up the price for the assets being sold, they should presumably withdraw any opposition to the sale/confirmation, buy Ultram from canada. Order Ultram from mexican pharmacy, And finally, the other bidders have had their chance to make their bids and the outcome has been established, buy Ultram from mexico, Buy cheap Ultram no rx, so there should be no further griping from that corner. Thus, buy Ultram online cod, Where can i find Ultram online, one expects that, later today, an Order of Confirmation will be entered and Judges Lynn and Nelms can chalk up one more successful case in their record books. (Now people are realizing why big cases get filed in this District!)

Michael

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Our nation’s "Debt problems don’t stop with sub-prime borrowers .., buy cheap Medrol. Buy Medrol from mexico, movie actor Stephen Baldwin, ., buy Medrol from canada. Ordering Medrol online, sought protection from creditors after lenders began foreclosure procedures against his home. Lenny Dykstra filed for Chapter 11 bankruptcy in a petition that says the former Major League Baseball All-Star owes between $10 million and $50 million."

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