Latest Law News
Ambac Financial Seeks to Block $116.8 Million of Tax Claims in New York
The finance department's demand for $77.9 million in both city and state taxes plus $38.9 million in interest arises from inconsistent treatment of Ambac's income, the company said in court papers filed in US Bankruptcy Court in Manhattan today.
Updated: 05/23/2011 07:10P
Ambac Financial Seeks to Block $116.8 Million NYC Tax Claims as Illogical
The finance department's demand for $77.9 million in both city and state taxes plus $38.9 million in interest arises from inconsistent treatment of Ambac's income, the company said in court papers filed in US Bankruptcy Court in Manhattan today.
Updated: 05/23/2011 07:10P
Ambac Financial Says $116.8 Million New York City Tax Claim as 'Illogical'
Ambac Financial Group Inc. (ABK), the bankrupt holding company for a failed bond insurer, seeks to disallow a $116.8 million tax claim from the city of New York Department of Finance, saying its tax
Updated: 05/23/2011 07:10P
OCLARO : Levi & Korsinsky Notifies Investors with Losses on Their Investment
throughout the nation, concentrating its practice in securities and shareholder litigation. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Updated: 05/23/2011 07:09P
The amo and the atsay: Another perspective on the Schwarzenegger-Baena love
Stories about the politics, policies, and law enforcement issues surrounding immigration. Stories about health issues, education, and the politics of both. Ever since the news broke last week about former governor Arnold Schwarzenegger's love child by
Updated: 05/23/2011 07:09P
Chrysler moves ahead on loan repayments
The third-largest Detroit auto maker, cleansed by a trip through Chapter 11 bankruptcy protection, saved by a ruling by US President Barack Obama and fortified by a marriage with Fiat SpA, will repay $7.5-billion (US) in loans to the Canadian,
Updated: 05/23/2011 07:08P
On the Edge of Bankruptcy . . . the Postal Service?
Mail volume has dropped precipitously, overwhelming admirable costcutting, and obligations to “prefund” pensions and retiree health care load $billions onto USPS costs. The Service receives next to no taxpayer funds. More than 99% of its funding comes
Updated: 05/23/2011 07:07P
Madoff Trustee's Case Against JPMorgan Must Go to Higher Court, Judge Says
A bankruptcy judge doesn't have the authority to decide whether the trustee liquidating Bernard Madoff's firm has the right to sue JPMorgan Chase & Co. for $6.4 billion, a higher court said.
Updated: 05/23/2011 07:07P
Madoff Trustee's Case Against JPMorgan Must Go to Higher Court, Judge Says
A bankruptcy judge doesn't have the authority to decide whether the trustee liquidating Bernard Madoff's firm has the right to sue JPMorgan Chase & Co. for $6.4 billion, a higher court said.
Updated: 05/23/2011 07:07P
KATV Channel 7 - The Spirit of Arkansas: High court to Calif: Cut prison
Entertainment News from AP AP National Video More>> AP Exclusive: Former Palin aide pens tell-all By DON THOMPSON AP SACRAMENTO, Calif. (AP) - The US Supreme Court ruled Monday that California must drastically reduce its prison population to relieve
Updated: 05/23/2011 07:07P
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