07 March 2011
By Patrick Fitzgerald A federal judge in Florida Friday upheld a ruling that shielded lenders of Tousa Inc. from creditor attempts to reclaim $316.5 million the company drew against its revolving loans before collapsing into bankruptcy. Read the Daily Bankruptcy Review story here. Also in DBR, Innkeepers USA Trust’s majority owner Apollo Investment Corp, [...]
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07 March 2011
March 2, 2011 WASHINGTON—U.S. Citizenship and Immigration Services (USCIS) is publishing tomorrow a proposed rule that could save U.S. businesses more than $23 million over the next 10 years by establishing an advance registration process for U.S. employers seeking to file H-1B petitions for foreign workers in specialty occupations. The proposed electronic [...]
Posted in Current News, Immigration Update0 Comments
09 February 2011
WASHINGTON — Economists at the New York Federal Reserve have concluded that a controversial 2005 law backed by banks and credit card companies pushed more than 200,000 people into foreclosure and exacerbated the subprime mortgage crisis. Consumer advocates fought hard against the law, which made it much more difficult for individuals to [...]
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09 February 2011
By KATHLEEN CALLAHAN New Hampshire Business Review Borders, the nation’s second-largest bookstore chain with several locations in New Hampshire, might file for bankruptcy as early as this week. Bloomberg.com reported last week that the bankruptcy could be imminent. Such a move could result in the closure of up to 150 stores. Bloomberg cited three [...]
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09 February 2011
By: Dave Heller TALLAHASSEE, Fla. – The hot-button issue of immigration is in the spotlight again at the state Capitol. Students from around Florida gathered in a Senate hearing on immigration today. The Senate has been holding hearings to hear testimony on immigration legislation for Florida. Several bills have been filed to crack down on [...]
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09 February 2011
By Greg Cote gcote@MiamiHerald.com It has been so simple this season, until now, for the basketball team from Dr. Michael M. Krop Senior High School in northeast Miami-Dade. These young men have proved to be the best team in their county. They earned the No. 1 ranking in the state. They have dominated on [...]
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26 January 2011
January 11, 2011 | by Miami Herald Though Florida Gov. Rick Scott made a campaign promise to bring Arizona-style immigration reform to his state, Florida businesses, police chiefs, and Hispanic Republicans are expressing concerns on the bill. A major part of Arizona’s immigration bill that many are taking issue with is the requirement that local police are [...]
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26 January 2011
By Robert Nolin and Danielle A. Alvarez, Sun Sentinel January 26, 2011 FORT LAUDERDALE — A Russian with a portfolio of false identities posed as a South Florida immigration lawyer and bilked hundreds of thousands of dollars from compatriots by promising to assist them with immigration and other legal work, police said Wednesday. David Vyner, 35, of Hallandale Beach, [...]
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19 January 2011
January 07, 2011|By Peter Franceschina, Staff Writer One of the feeders to Scott Rothstein’s massive Ponzi scheme has allegedly breached his $6.6 million settlement agreement with bankruptcy attorneys, who now want his million-dollar Bal Harbour home. The glitch appears to be that financial advisor Michael Szafranski pledged to turn over $300,000 that he donated to a charity, [...]
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19 January 2011
By MICHAEL SASSO | The Tampa Tribune Published: January 13, 2011 TAMPA – Cargo Transportation Services, a $100-million trucking company with operations in the Tampa Bay area, filed for bankruptcy in a hurry this week after its bank cut off its funds. Company officials are concerned they will lose huge amounts of fruits and vegetables in their [...]
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