Latest News
Orlando personal bankruptcy drops in first quarter
As the hospitality and travel industry begins to rebound from the recession, many tourist-reliant cities may start to see a rebound as well. Continue reading
Lightsquared gains right to manage its own cash
The company claimed assets at $4.48 billion and a debt of $2.29 billion when it filed for Chapter 11 bankruptcy protection on February 29 Continue reading
Delaware amends escheatment laws, including corporations
Although Delaware may be the smallest state in the union, it certainly packs one of the biggest influences. Continue reading
Skip Tracing
Wal-Mart investigation kick started by two Representatives
As recently reported in this blog, major retailer Wal-Mart has been under fire in the past week due to a New York Times article uncovering an email sent from a whistleblower in the company’s Mexican subsidiary, Walmex. Continue reading
Obama Administration signs STOCK Act into law
This new legislation comes right after the Department of Justice proposes stricter punishments on white-collar crime, commonly associated with the type of insider trading the STOCK Act aims to prevent. Continue reading
Bankruptcy News
Textbook publisher Houghton Mifflin Harcourt files for bankruptcy
This comes after the publisher reached a deal with creditors that could potentially eliminate more than $3 billion in debt. Continue reading
Music sharing startup founder files for bankruptcy
Michael Robertson, founder of MP3.com and MP3tunes, filed for bankruptcy on Thursday May 10 in San Diego, claiming $7,800 in assets and $2.1 million in liabilities. Continue reading
Private Investigation
Missing Montana ex-con tracked down in Arizona
The 78-year-old ex-convict was arrested once more in March of 2012 after being tracked down by the grandson of Clarence Pellet, Clem Pellet, and a private investigator in Arizona. Continue reading
Floridian inmate able to prove innocence through public records and private investigator
The inmate has finally been able to prove himself innocent through the use of public records and a private investigator. Continue reading
Debt Collection
Hospital debt collector to receive millions in government funding
Furthermore, another $1.42 million will be donated in tax and job training credits from the state of Illinois, as the company projects that it will hire 650 new employees over the next 10 years Continue reading
Pay-per-view payments becoming source of concern for promoters and investigators
Penalties for being caught broadcasting these events without paying the required fee could cost bars and restaurants up to $260,000. Continue reading
Shareholder Services
More companies use proxy votes to settle compensation issues
Because of this, more proxy filings have centered around the alignment of pay for performance (P4P) compensation for company executives. Continue reading
Wal-Mart issues proxy vote for annual shareholder’s meeting
The package provides shareholders with information on Wal-Mart’s last fiscal year as well as its priorities for this coming year and the world’s largest retailer’s long-term goals. Continue reading
