Real Estate & Property Law

13 Firms Receiving TARP Funds Owe $220m in Back Taxes
Of the 23 top recipients of TARP funds, 13 owe a combined $220 million in unpaid federal taxes. "To get money from Treasury, banks and others must sign a contract that states they have no material unpaid taxes...

TARP Fund Restrictions Are Proposed in New Legislation
Much criticism has flowed from how the first $350 billion in TARP "bailout" funds are being used. Thus far, the need for additional restrictions to prevent and penalize fraud and abuse of TARP money remains unmet...

Ind. Courts - "Judge tells prosecutor to repay $18,000"
In the long-running Delaware County battle over handling of drug forfeiture funds, Rick Yencer of the Muncie Star-Press reports today in a story that begins:Embattled Deputy Prosecutor Mark McKinney was ordered Wednesday to repay $18,395 in attorney fees as drug...

Goldman Sachs to Repay TARP Funds Early
While the President's proposal to cap executive comp at $500,000 a year is, IMHO, a seriously misguided attempt to address the financial crisis, it may have some ancillary benefits...

Project On Government Oversight Concerned About TARP Funds
POGO letter to Congressional Oversight Committee leaders concerning certain financial companies seeking backdoor access to TARP funds: The Project On...

Treasury Department Announces $14 Billion in TARP Funds to More Than 40 "Local" Banks
Continuing the "bailout," the Treasury Department has just announced the release of $14.77 billion in TARP funds to what it refers to as 43 "local" banks (listed below). "Local" may be a misnomer, as the list includes $10 billion to Bank of America Corp...

Emergency Economic Stabilization Act of 2008
Bailout Bill HR124

Citibank
Will Repay $14 Million to Credit Card Customers

HIV Funds
Dallas Independent School District pays $336,000 settlement for misappropriated program funds.

Whole Foods
And Other Firms Sued by California Attorney General,

Brown Greer et al.
alleging that the six law firms handling the Vioxx settlement failed to provide money for reimbursements to lien rights of Employee Retirement Income Security Act (ERISA) health plans.

Oppenheimer Funds, Inc
RMUNX

Oppenheimer Funds, Inc
401(k) / ERISA Stock Fraud