Motion for an Injunction Filed in the Occupy Nashville Lawsuit

To see the Motion for an Injunction filed in the Occupy Nashville lawsuit, click here. To see the Order setting today’s hearing before Judge Trauger at 3:30 p.m., click here.

Copy of the lawsuit is available from the Nashville Business Journal at: http://www.bizjournals.com/nashville/pdf/occupaynashville.pdf

Read the full post    By Bob Mendes    Tags    Comments 0

Volunteer Employees: Sixth Circuit Says It Could Happen

Earlier this month, the Sixth Circuit issued a decision that could convert unpaid volunteers into employees. In Bryson v. Middlefield Volunteer Fire. Dept., Inc., the Court held that, under Title VII, there is no requirement that a worker receive “significant renumeration” before being considered an employee. — F.3d. —, 2011 WL 3873789, *5-6 (6th Cir. Sept. 2, 2011). Instead, compensation is only one of a number of factors that should inform that determination. Id.

Read the full post    By Michael Ewing    Tags employment law    Comments 0

Round-Up: Insolvency in the News

Here are some insolvency stories from around the web making headlines this week:

Despite its ongoing liquidation, Borders stores may remain open overseas: WSJ Bankruptcy Beat

Lehman Brothers drops its attempt to collect $11 billion from Barclay’s over Lehman’s distressed sale in 2008.

Chuck Greenberg, owner of the Texas Rangers, may seek to buy the NHL’s Dallas Stars in bankruptcy.

The Tennessean reports that incomes in the Nashville area plunged sharply last year, according to the latest census.

In a sign of the times, Hallmark has started selling greeting cards for when that special someone loses his or her job.

Read the full post    By Dan Lins    Tags insolvency    Comments 0

The Bankruptcy Venue Reform Act of 2011: Hearing Update

I previously posted on the Bankruptcy Venue Reform Act of 2011 (H.R. 2533), available here, which attempts to prevent Chapter 11 debtors from filing bankruptcy in a debtor-friendly forum where they have no real presence. On September 8, 2011, the Judiciary Committee conducted a hearing and gathered evidence. I previously assumed this bill was dead-on-arrival once the big business lobby sunk its teeth in, but it appears that the legislation is growing bi-partisan support.

Read the full post    By Griffin Dunham    Tags insolvency, legislation    Comments 0