New complication for CMEs Nymex bid Mar 8, 2008
In the letter, an unsigned copy of which was provided to Crains, the members call for a meeting to direct the proper officers and directors of Nymex to determine all amounts due and owing under the rule, and to promptly pay such amounts to the members. Trading in Nymex contracts has surged as the price of oil has risen, making the potential 10% cut of revenues thats at stake ever more valuable. (Crain's Chicago Business)
Former Ellensburg man sentenced for filing false income tax returns Feb 23, 2008
Their failure to report these payments as income caused a material understatement of their personal income and the income tax due and owing for each of these calendar years ... For each year in question, the aggregate amount of these payments for personal expenses was omitted from Austin s and Werlink s personal income tax returns, but was included as a corporate expense on the corporate income tax return of The Safety Team, Inc. In addition to understating their personal income, Austin s and... (Ellensburg Daily Record, WA)
Meta Financial Group, Inc.(R) Announces a Delay in Filing Quarterly Report and Investigation Into Possible Employee Defalcation Feb 16, 2008
The defalcation appears at this stage of MetaBank's investigation to have been perpetrated by a former employee over a period of years, and involves the issuance, through one or more brokers, of apparently bogus certificates of deposit to a range of financial institutions, some of which have now claimed monies due and owing from MetaBank. It is notable that certain actions allegedly taken by this employee occurred prior to the implementation of customer identification programs mandated by the US... (PR Newswire)
GPlus units get notice for payment due Jan 23, 2008
29mil being money due and owing to the latter as at Jan 22. The contractor demanded payment within 21 days of the date of the notice. (The Star Online, Malaysia -- Business)
Blagojevich's ex-adviser charged with fraud Dec 14, 2007
Kelly's attorney, Michael Monico, told reporters Thursday that "at the end of the day when all the evidence is in the government will see as will everyone else that Mr. Kelly owes no taxes - there will be no tax due and owing from Mr. Kelly.". The charges against Kelly include five counts each of filing false federal income tax returns and filing false corporate tax returns, one count of obstructing or impeding the Internal Revenue Service and one count of illegally structuring monetary... (The Pantagraph newspaper)
• Judge Orders CRRA To Lower Total Fees Oct 26, 2007
"This relief ordered today is wholly separate and apart from the $36 million judgment that the court found is due and owing to the towns for the prior years' overcharges related to Enron," he said. Kirk said Eveleigh's ruling Thursday was "just an incremental development in a long case.". (FOX61, CT)
Crosby trio indicted for fraud scheme Jul 27, 2007
The indictment charges all three men with participating in a conspiracy to defraud the United States of federal fuel excise taxes due and owing on millions of dollars of kerosene purchased by Mid-Coast from Calcasieu Refining Company in Lake Charles, LA between October 2001 through November 2003. Baldon, II, alone, is charged with eight counts of evading the payment of excise taxes - one count for each quarter of 2002 and 2003. (Lake Houston Sun, TX)
Irony: Hood sets outside counsel legal fees at $150 per hour? Jun 20, 2007
"On Jan. 27, 2005, (Gov.) Haley Barbour . . . sent a memorandum to (Attorney) General Hood seeking authority to hire outside counsel to pursue vacation of the order of Dec. 22, 2000, '(s)ince (the attorney general's) office will not be representing us in this litigation.'"Shortly thereafter, on Feb. 1, 2005, State Treasurer Tate Reeves submitted a letter to General Hood requesting that the attorney general's office represent the 'Board of the Health Care Trust Fund' in order to recover 'any... (The Clarion-Ledger)
Lawsuit Alleges That California Firm Engages in Longstanding Scheme to Defraud Seniors Out of Hundreds of Millions of Dollars in Life Insurance Coverage; Mar 15, 2007
MCC asserted that the $65,500 premium payment was due and owing in order to prevent the policy from going into a grace period prior to the loan maturity date. This contention was false; the premium payment was not due and owing and there was no need to make the payment to prevent the Policy from entering a grace period prior to the loan maturity date ... On information and belief, MCC knew that the premium payment was not due and owing before the maturity date and made the additional premium... (PR Newswire)
West Brookfield Man Sentenced to Federal Prison for Tax Fraud, Reports U.S. Attorney Mar 11, 2007
The additional total tax due and owing on these amounts is approximately $94,000. The case was investigated by the U.S. Internal Revenue Service, Criminal Investigation. (PR Newswire)
Church will appeal building dispute ruling Feb 15, 2007
96, representing the balance due and owing from the March 1996 contract. Bell also ordered that interest on that sum be paid at the rate of 18 percent annually, a rate agreed upon in the original contract, from Jan. 21, 2004, until paid, as well as attorney fees in the cost of 129,875. (Lenoir News Topic, NC)
City responds to questions about X's lease Jan 27, 2007
In the report, the city stated, "Due to the uncertainty of what the proper amount owing was, city staff has yet to bill the Sioux City Explorers Baseball Club for any rental due and owing under Section 2. Due to the uncertainty of what the proper amount owing was, city staff has yet to bill the club for any rental due and owing under Section 2.". Battani: Provide a copy of the city's policy and council minutes approving the use and disposition of the eight season tickets for employee... (Sioux City Journal)
Key players in the Suttles trial Jan 10, 2007
Evasion of payment of income tax due and owing by him individually and as owner of Diamond Brokers. Failure to deduct, collect and truthfully account for and pay over to the IRS federal income tax and FICA -- Social Security and Medicare -- taxes from the wages of Diamond Brokers employees. (Pensacola News Journal)
Brown: Chinese Labor Nov 22, 2006
Faced with a labor law system that does not seem capable of correcting even the most basic of worker rights violations, such as the widespread employer practice of failing to pay wages due and owing on time and in full, Chinese workers are increasingly hitting the streets, and, in some cases, resorting to violence to get their due. 1] Without industrial institutions to systematically speak for workers in trouble, and a legal framework promoting such representation and fostering conflict... (Zmag.org)
More of this story Oct 26, 2006
NOTICE OF MORTGAGE FORECLOSURE SALE. THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION.. (Wahpeton Daily News, ND)
Great China International Holdings Secures $6.5 Million in Bank Financing for Residential Real Estate Project Jul 27, 2006
Under the terms of the loan, Shenyang City Commercial Bank (Holdings) Co., Ltd. is entitled to cancel the agreement and declare any amounts advanced due and owing. Shenyang Maryland International Industry Co., Ltd., another subsidiary of the company, has agreed to guarantee all amounts owing by Jitian, and Shenyang Maryland has also agreed to mortgage a portion of its property at the company's President Building project as security for performance of its obligations under the loan agreement. (Primezone Releases)
Cordillera seeking monetary damages Jul 22, 2006
28 that is due and owing to CCR.. The lawsuit also claims that Weitz filed a Mechanic's Lien in the land records of Kendall County claiming damages in excess of 1 million, which caused CCR to suffer monetary damages. (Boerne Star, TX)
Nursing home foreclosure official May 4, 2006
In fact, the only issue Kinney had to decide was the final dollar amount due and owing to Capital Source Finance. Van Lieshout argued Capital Source Finance incorrectly calculated interest based on a 360-day year rather than a 365-day year. (Rhinelander Daily News, WI)
City wants its 8% cut of online ticket resales Feb 8, 2006
"We simply don't have the luxury in this economy to pass up any opportunity to collect what is due and owing to hard-pressed taxpayers," Burke said. . (Chicago Sun-Times)
Ex-county GOP chairman pleads guilty to tax evasion Jan 12, 2006
Steven L. Miller admitted in an information filed by Assistant U.S. Attorney Hunter P. Smith Jr. that he evaded and defeated approximately $38,000 of the federal personal income taxes, trust fund taxes and Trust Fund Recovery Penalties due and owing by him to the federal government. Miller had apparently withheld federal taxes and trust fund money from employees pay, placing it in a separate bank account at the Putnam County Bank, but never passed it on to the federal government. (Charleston Gazette, WV -- News)
