Latest Law News

Bank of America, UBS Urge New York's Highest Court to Reinstate MBIA Suit
(BAC), UBS AG (UBSN) and other institutions asked New York's highest court to reinstate their lawsuit claiming that bond insurer MBIA Inc.'s 2009 restructuring was intended to defraud policyholders. A lower-court decision throwing out the lawsuit
Updated: 05/31/2011 05:17P

Comedian 'exposed himself' during show
TOO MUCH INFORMATION: A new lawsuit claims Andy Dick exposed himself to audience members during a comedy show. A Texas man is suing comedian Andy Dick over his December performance at a Dallas nightclub. Robert Tucker claims he suffered emotional
Updated: 05/31/2011 05:17P

Would ending corporate tax breaks make dent in deficit?
WASHINGTON — As a liberal tax-code activist, Robert McIntyre shocked Washington in 1984 when he revealed that General Electric was one of 17 companies that paid no US corporate taxes for three straight years.
Updated: 05/31/2011 05:17P

CSI: Mortgage Fraud
They demand an explanation—if one is possible—and should bring the loan approval process to an immediate halt. Unfortunately, spotting mortgage fraud is usually not an open-and-shut case. Unlike the crime scene dramas on television, mortgage fraud
Updated: 05/31/2011 05:17P

Woman given four years for stealing baby
By MD HUMAIDAN | ARAB NEWS JEDDAH: A Madinah court has sentenced a woman convicted of kidnapping a newborn child to four years in jail as the court issued its verdict on the public right after the child's father relinquished his right.
Updated: 05/31/2011 05:17P

Judge to high school: no praying at graduation
Such was the ruling Tuesday from Chief US District Judge Fred Biery in a lawsuit filed by Christa and Danny Schultz on behalf of one of their sons, who is one of the 238 seniors who will graduate on Saturday from the school in Castroville.
Updated: 05/31/2011 05:16P

ICE's deportation of mother of Iraqi war veteran draws concern
Since the administration is keen on being perceived as a high enforcer of immigration law, one has to wonder if the practice is still being used in courts with huge backlogs, like Denver. The Denver Post reports there are 7200 pending immigration cases
Updated: 05/31/2011 05:16P

Nameplate manufacturer sues over unpaid debt
Paddock Industries Inc. filed a lawsuit May 4 in St. Clair County Circuit Court against Pinnacle Systems LLC, doing business as SCI Pinnacle. Suarez Corporation Industries, the company that bought SCI Pinnacle, is also named as a defendant.
Updated: 05/31/2011 05:15P

Will Americans Forgive an Uncle Sam Bankruptcy?
Citigroup stated that foreign investors may be quicker to dump their dollar holdings than domestic investors if the US debt ceiling is breeched, according to Bloomberg. That move might have a harsher affect on the dollar when compared
Updated: 05/31/2011 05:15P

Bryson brings long green trail
Those troubles shook the state on almost every level, forcing competitor PG&E into bankruptcy and helping end the political career of then-Gov. Gray Davis. "There were lots of warnings, and John was one of the ones making them before the situation
Updated: 05/31/2011 05:15P

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