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Indianapolis Bankruptcy Law Firm - Riley Bennett Egloff, LLP
Law Firm News | 2012/02/13 10:07
span style=font-weight: boldCreditor’s Rights/span

The Firm’s creditors’ rights expertise also includes such areas as foreclosures and deeds-in-lieu of foreclosure; appointment of receivers; replevin, garnishment and attachment proceedings, pre-judgment and post-judgment; suits on guaranties, Uniform Commercial Code issues, and other commercial litigation matters.

span style=font-weight: boldDebt Relief/span

Our attorneys help individuals, consumers, business investors and small businesses file for bankruptcy protection under the United States Bankruptcy Code, whether it be a liquidation under Chapter 7 or a reorganization under Chapters 11 or 13. We strive to provide a high degree of service and personal care to each of our clients. Our philosophy is simple: provide competent and high quality bankruptcy services for a reasonable fee.

Riley Bennett amp; Egloff Law is an Indianapolis based law firm. Their attorneys have substantial experience collecting monies owed to their business clients in Indiana state courts and in federal bankruptcy courts. The firm continues to focus on maximizing their client's recovery in an fast and cost-effective manner. Their goal is to provide high quality services and they have a lengthy record of success to show for it. Visit a href=http://www.rbelaw.comwww.rbelaw.com/a to see more.


Federal court rules for Ohio festival free speech
Headline News | 2012/02/13 10:07
A federal appeals court has ruled in favor of two Christians who say their free speech rights were violated at a southwest Ohio corn festival.

A 6th U.S. Circuit Court of Appeals three-judge panel ruled unanimously Monday that a policy against solicitation at the annual Sweet Corn Festival was too broad, and unconstitutional. The panel reversed a federal judge's ruling.

The case stemmed from the summer 2009 festival in the Dayton suburb of Fairborn, Ohio. Plaintiffs Tracy Bays and Kerrigan Skelly planned to convey their religious beliefs among festival-goers, and Bays began walking through the park with a sandwich board sign with Christian messages. After encountering opposition from a festival worker and officials, they left.

They sued in 2010. The Christian legal aid group Alliance Defense Fund argued their appeal.


The Shuman Law Firm Announces Class Action
Headline News | 2012/02/13 10:07
The Shuman Law Firm today announced that a lawsuit seeking class action status has been filed in the U.S. District Court for the District of Colorado on behalf of purchasers of the common stock of Molycorp, Inc. between March 9, 2011 and November 10, 2011, inclusive (the “Class Period”).

If you wish to discuss this action or have any questions concerning this notice or your rights and interests with respect to this matter, please contact Kip B. Shuman or Rusty E. Glenn toll free at (866) 974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com.

The complaint alleges that Molycorp and certain of its officers and directors violated federal securities laws by issuing materially false and misleading statements regarding the Company's business and prospects. Specifically, it is alleged that the defendants misrepresented and/or failed to disclose the following adverse facts during the Class Period: (a) Molycorp's development and expansion of the Mountain Pass mine was not progressing on schedule and would not allow the company to reach rare earth oxide production rates at the end of calendar 2012 and 2013; and (b) end users had been reducing demand for the company's products as prices for rare earth elements increased.

On November 10, 2011, the Company reported disappointing third quarter 2011 revenues and earnings results below analysts' estimates and announced a reduction in Mountain Pass production guidance for the fourth quarter of 2011 due to expected equipment downtime relating to Mountain Pass engineering and expansion issues. The Company's stock price fell from $38.70 per share on November 10, 2011 to $33.45 per share on November 11, 2011, or approximately 13.6%.

If you purchased Molycorp common stock during the Class Period, you may request that the Court appoint you as lead plaintiff of the class no later than April 3, 2012. A lead plaintiff is a class member that acts on behalf of other class members in directing the litigation.

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in investor rights litigation.


High court asked to undo Mont. campaign money ban
Court Watch | 2012/02/10 09:25
Corporations are asking the Supreme Court to allow them to spend freely to influence upcoming elections in Montana, despite a state high court ruling upholding a ban on independent corporate campaign spending.

Three groups filed papers with Justice Anthony Kennedy on Friday, saying that the Montana court's decision in December is out of step with Kennedy's majority opinion in the 2010 Citizens United case that struck down a federal ban on independent campaign spending.

The American Tradition Partnership and two other groups sued soon after the 2010 decision to overturn Montana's century-old corporate spending ban. But the state Supreme Court said the Montana law could remain in place because it was a response to political corruption and allows for some corporate spending.


Appeals court halts deportation of 7 immigrants
Court Watch | 2012/02/09 09:53
A federal appeals court has put the Obama administration's new immigration directive to the test by halting the deportation of seven immigrants alleged to be in the country illegally.

In a 2-1 ruling on Monday, the 9th U.S. Circuit Court of Appeals demanded the Obama administration explain whether the immigrants can avoid deportation because of two memos released last year by U.S. Immigration and Customs Enforcement director John Morton urging prosecutors to use discretion when deciding whether to pursue immigration cases.

Morton's initial memo in June said prosecutors should take into account such factors as U.S. military service, criminal records, family ties and length of stay in the country when deciding whether to start formal deportation proceedings against undocumented immigrants. He issued another in November explaining further how to implement the guidelines.

Since then, though, immigration advocates and lawyers have been complaining that prosecutors have been too slow to call off deportation proceedings of immigrants meeting the criteria. The advocates view the appeals court's rulings as a call to action.


Glancy Binkow Goldberg LLP Announces Class Action
Legal Focuses | 2012/02/09 09:52
Notice is hereby given that Glancy Binkow amp; Goldberg LLP has filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of all purchasers of the American Depositary Shares of China Medical Technologies, Inc. between November 26, 2007 and December 12, 2011, inclusive seeking to pursue remedies under the Securities Exchange Act of 1934.

A copy of the Complaint is available from the court or from Glancy Binkow amp; Goldberg LLP. Please contact us by phone to discuss this action or to obtain a copy of the Complaint at (310) 201-9150 or Toll Free at (888) 773-9224, by email at shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

China Medical develops, manufactures and markets immunodiagnostic and molecular diagnostic products. The Complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose material adverse facts about the Company's business, operations and prospects, including: (1) that the Company’s acquisition of Beijing Bio-Ekon Biotechnology Co. Ltd. (“BBE”) was from a third-party seller connected to China Medical’s CEO; (2) that the Company substantially overpaid to acquire BBE; (3) that China Medical’s acquisition of BBE involved the use of fraudulent shell companies; (4) that the Company was suffering substantial operating losses prior to the acquisition; (5) that a majority of the Company’s accounts receivable were in excess of 120 days; (6) that, as a result, China Medical’s financial results were overstated; (7) that the Company lacked adequate internal and financial controls; and (8), as a result of the foregoing, that the Company's statements were materially false and misleading at all relevant times.

Plaintiff seeks to recover damages on behalf of class members and is represented by Glancy Binkow amp; Goldberg LLP, a law firm with significant experience in prosecuting class actions and substantial expertise in actions involving corporate fraud.

http://www.glancylaw.com


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