Category: Litigation

Let that be a warning to you all! Part 2, Hand over all the lupins you’ve got

14 May, 2013 (09:00) | Bonds, Cities, Harrisburg, Infrastructure, Litigation, Markets, Municipal bankruptcy, Municipal Finance, ratings agencies, SEC, US News | No comments

[Continued from yesterday's Part 1.]   By:David A. Smith   As we saw yesterday, using a Wall Street Journal (May 7, 2013) and the SEC’s own release 2013-82 (May 6, 2013) (blue font), the SEC called upon Harrisburg, Pennsylvania, to stand and deliver up an acquiescence to charges that the SEC then settled instantly.   [...]

Let that be a warning to you all! Part 1, One of them isn’t loaded any more

13 May, 2013 (13:48) | Bonds, Cities, Harrisburg, Infrastructure, Litigation, Markets, Municipal bankruptcy, Municipal Finance, ratings agencies, SEC, US News | No comments

By:David A. Smith   Stand and deliver!   “Stand and deliver!” “Not on your –” Blam! “Let that be a warning to you all. You move at your peril, for I have two pistols here. I know one of them isn’t loaded any more, but the other one is.”   Scratch a bankruptcy and you [...]

The price of charity: Part 5, “never foreclosed on any loan”

3 May, 2013 (09:00) | Cambridge, Chapter 93A, consumer protection, Development, fiduciary duty, Homeownership, Just-A-Start, Law, Lending, Litigation, Non-Profits, Renovation | No comments

[Continued from yesterday's Part 4 and the preceding Part 1, Part 2, and Part 3.]   By:David A. Smith   Sources for this story include the Cambridge Chronicle (January 11, 2013) and Cambridge Chronicle (January 18, 2013) (brown font), Cambridge Day (December 28, 2012) (green font), and a Letter to the Editor published in the [...]

The price of charity: Part 4, “should be held to a higher standard”

2 May, 2013 (09:00) | Cambridge, Chapter 93A, consumer protection, Development, fiduciary duty, Homeownership, Just-A-Start, Law, Lending, Litigation, Non-Profits, Renovation | No comments

[Continued from yesterday's Part 3 and the preceding Part 1 and Part 2.]   By:David A. Smith   Sources for this story include the Cambridge Chronicle (January 11, 2013) and Cambridge Chronicle (January 18, 2013) (brown font), Cambridge Day (December 28, 2012) (green font), and a Letter to the Editor published in the Cambridge Chronicle (January [...]

The price of charity: Part 3, “a friend and ad hoc legal advisor”

1 May, 2013 (09:00) | Cambridge, Chapter 93A, consumer protection, Development, fiduciary duty, Homeownership, Just-A-Start, Law, Lending, Litigation, Non-Profits, Renovation | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.]   By:David A. Smith   By the end of yesterday’s post, elderly Cambridge homeowner Shirley Graham had borrowed from Just-A-Start Corporation to renovate her triple-decker to correct dilapidation of its foundation structure with the installation of an I-beam.   Still dissatisfied seven years later: Shirley [...]