New York Paralegal Blog

Late Friday evening, President Obama addressed the Nation from the Blue Room at the White House on the bipartisan agreement on the budget. As the President put it, leaders from both parties "acted on behalf of our children’s future" by finding the common ground necessary to keep the government open for business.

Benton J. Campbell, United States Attorney for the Eastern District of New York, and Kenneth Donohue, Inspector General for the Department of Housing and Urban Development, announced the filing of a civil complaint against Madison Home Equities, Inc., a mortgage lender located in Carle Place, Long Island, seeking a court-ordered injunction to prevent the company from making loans insured by the Federal Housing Administration (“FHA”). The complaint also seeks relief against Madison’s president, Nadine Malone. The case is pending before United States District Judge Nicholas G. Garaufis. As alleged in the civil complaint, Madison participates in a federal program sponsored by the United States Department of Housing and Urban Development (“HUD”) which authorizes Madison to make mortgage loans that are insured by FHA in the event of default. As a condition of participation in the program, Madison must determine that all borrowers who receive FHA-insured mortgage loans meet HUD lending stand...

(openPR) - A safety lighting technical breakthrough by Chalmit Lighting will deliver significant advances over conventional safety light sources. LaserLite is based on a solid state laser source to provide a continuous 150 metre strip of lighting. Recessed into the floor or installed on the wall near floor level, LaserLite illuminates corridors and stairwells to exits. It is also an ideal way to highlight obstructions or even provide illumination below water. The technology has been jointly developed with Photo Synergy, a company owned by St Andrew’s University, who supply the diode pumped laser light source. Linked to a side-emitting optical fibre cable, the LaserLite is a safe and effective light source for use in oil and gas exploration and processing facilities. The light source can be installed in Zones 1 and 21 and the optical fibre, with no live electrical component is safe for use in Zone 0 hazardous areas. More...

The first annual report to Congress containing new bankruptcy statistics mandated by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was filed by the Administrative Office in advance of the July 1, 2008 deadline. The 2005 law requires bankruptcy courts to collect statistics on debtors who meet certain criteria. The Judiciary data systems in place when the law was enacted could not capture all the required information. Consequently, a whole new system and software had to be built, and the Judiciary began collecting the mandated data on October 17, 2006. The data in this inaugural report represents cases filed or closed during calendar year 2007. Although all cases filed in 2007 are included, the number closed is limited to those commenced after October 17, 2006 and closed during the calendar year. “The primary consequence of this limitation is that data . . . based on cases closed during the reporting period may not be typical for a calendar year period,” the report ...