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20 Nov 2023, 9:01 pm by renholding
According to the Bankruptcy Court: The “Ponzi scheme presumption” allows courts to presume actual intent to defraud on part of the operator of the Ponzi scheme. [read post]
20 Nov 2023, 4:21 am by Peter J. Sluka
” Approximately two years later, Alvarez and Marsal paid the corporation $1 million for its design services. [read post]
16 Nov 2023, 7:00 am
Equal Employment Opportunity Commission (EEOC), Res-Care, a "provider of comprehensive home and community-based health services," and Equus Workforce Solutions, a nationwide job-assistance company based out of New Mexico, allegedly violated civil rights and disability discrimination laws when it fired a disabled employee who was undergoing a high-risk pregnancy.Rather than accommodate the woman, she was punished for her medical absences, and later fired.Believing that such conduct… [read post]
13 Nov 2023, 9:05 pm by renholding
The Council also was not persuaded by comments that it was required by the court decision in MetLife[7] to conduct a cost-benefit analysis or an assessment of the likelihood of a company’s material financial distress prior to making a designation.[8]The Interpretive Guidance will become effective 60 days following its publication in the Federal Register and the Analytic Framework will become effective upon its publication. [read post]
1 Nov 2023, 9:01 pm by renholding
Previously, companies uncovering conduct that may or may not constitute a cartel offense, but that would likely constitute fraud or another Title 18 violation, may have been reluctant to self-report. [read post]
21 Oct 2023, 5:55 am by Russell Knight
Schwan’s Home Service, Inc., 992 NE 2d 43 – Ill: Appellate Court, 5th Dist. 2013 In exchange for this discharge of debts, the bankruptcy trustee takes control of the bankruptcy petitioner’s assets to create a bankruptcy estate. [read post]
16 Oct 2023, 8:00 am
Chipotle Services, LLC and Chipotle Mexican Grill, Inc., Case No. 2:22-cv-00279-RSL-MLP) in the U.S. [read post]