Parsons College Becomes Bankrupt Receiver Appointed
DES MOINES AP Parsons College of Fairfield has been declared bankrupt with 16 million dollars in debt. Federal Judge Richard Stageman appointed University of Iowa law professor David Bayne as receiver and creditors meet July 2 in Des Moines to file claims and hear assets. A liquidation trustee will be appointed as caretakers move to protect the college’s assets and operations end.
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DES Moines
Parsons College of Fairfield
Richard Stageman
David Bayne
University of Iowa
Stageman
Parsons
U.S
Connecticut Mutual Life Insurance Co
Con
U.S. District Court
Bayne
Waukon and Lansing Fined for Open Burning Violations
Iowa Attorney General says Waukon and Lansing were found in contempt of court and fined 200 dollars each for open burning after an injunction issued January 8. Lansing also faced a 400 dollar fine for prior antipollution violations.
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Waukon
Lansing
Des Moines
Iowa
Richard Turner
Turner
Allamakee
Leadtree Enterprises, Inc
Former SBA Director Hilary Sandoval Dies at 43
El Paso reports the death of Hilary Sandoval aged 43, who led the Small Business Administration from 1969 to 1971 before resigning for stealth reasons. The obituary notes his tenure and sudden departure.
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EL Paso, Texas
Hilary Sandoval
The
Small Business Administration
SBA
Senate kills Iowa Youth Railroad Jobs bill in 24-21 vote
Des Moines AP Senate defeats a 1.3 million plan to hire 1000 youths to repair Iowa branch railroads this summer. Motion to reconsider could allow a third vote. Amendments set refund conditions and set youth pay at 2.50 per hour for tax purposes with a 4.50 technical rate. Gov Ray argues the measure aids transportation and youth employment.
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DES Moines
Iowa Senate
Iowa
Senate
Bart Schwieger
Waterloo
Iowa Commerce Commission
Maurice van Nostrand
Robert Ray
William Gluba
Davenport
Gluba
Robert. Ray
Viet Bonus Bill Stalled in House Vote on Veterans Aid
DES MOINES 66 to 23 vote the house refused to concur on senate amendments to a 28 million dollar bill for a Vietnam veterans bonus. The bill returns to the senate which may back down and send to a conference committee for resolution.
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Des Moines
Town House
Senate
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