Latest Law News
Jury convicts Chaika in mortgage scheme
Troy Chaika's criminal defense centered on his claim that he didn't believe the real estate deals he made at the height of the housing boom were fraudulent. But on Tuesday, after a weeklong trial, it took a federal jury in St. Paul about
Updated: 05/24/2011 06:17P
Police conduct special patrol to ensure drivers buckle up
The crackdown is funded by federal traffic safety funds from the National Highway Traffic Safety Administration and administered through the Illinois Department of Transportation's Division of Traffic Safety.
Updated: 05/24/2011 06:17P
Chicago Lawyer Paul Daugerdas Found Guilty of Selling Phony Tax Shelters
Jurors reached the verdict today following a 10-week trial of Daugerdas and his codefendants, Denis Field, the former chief executive officer at accounting firm BDO Seidman LLP; Donna Guerin, a Jenkens & Gilchrist lawyer; and Robert Craig Brubaker and
Updated: 05/24/2011 06:17P
Stocks dip again as investors continue to express concerns about Europe's debt
“If you had a Spanish default, there wouldn't be a single world bank not affected,” Landesman said. US banks had $187 billion at stake in Spain as of the end of last September, according to the most recent data from the Bank of International
Updated: 05/24/2011 06:15P
Okereke-Onyuike Vs SEC: Stakeholders fear for ripple effects
Their alleged crimes- violation of the Investments and Securities Act (ISA), 2007, by engaging in serious price fixing, share price manipulation, fraud, insider trading and false trading (where an individual or entity engages in activities that may
Updated: 05/24/2011 06:15P
As tickets increase, so do insurance rates
As law enforcement officers step up seat belt enforcement as part of the nationwide "Click It or Ticket" campaign, a new study is showing how much insurance rates go up for people who are cited for disobeying traffic laws.
Updated: 05/24/2011 06:15P
Time is running out to save Medicare
The latest annual report from the trustees of Medicare and Social Security states bluntly that Medicare, along with Social Security, is headed for bankruptcy unless Congress acts soon. This news should be a wake-up call for those who resist Medicare
Updated: 05/24/2011 06:15P
Caught on Cam: Police Brutality?
It?sa blow to Bernard Wallace's face during a traffic stop in Effingham County that's raising questions. ?He really dazed me a little,? says Wallace while watching a tape of the incident. Wallace had given friend Calvin Lee a ride to Lee's brother's
Updated: 05/24/2011 06:14P
Police chief testifying on Capitol Hill
Three years after his death, Widman's story is in the middle of an immigration debate on Capitol Hill. Representative Lamar Smith, R-Texas has introduced the Keep Our Communities Safe Act. One of the witnesses for the hearing includes Chief Baker.
Updated: 05/24/2011 06:14P
Judge lifts KEL bankruptcy ban
An Orlando bankruptcy judge lifted a ban May 24 on Kaufman, Englett & Lynd practicing bankruptcy law in Central Florida, a partner with the firm said. US Bankruptcy Judge Arthur Briskman on May 18 banned attorney William Sanchez and the entire
Updated: 05/24/2011 06:12P