Political Scandals Push ACORN Into Ch. 7

Law360, New York (November 3, 2010, 3:16 PM EDT) -- Shutting its doors after 40 years of political activism and a high-profile voter registration scandal during the 2008 election, the Association of Community Organizations for Reform Now Inc. has filed for bankruptcy with more than $4 million in debt.

ACORN lodged its petition for Chapter 7 protection in the U.S. Bankruptcy Court for the Eastern District of New York as the mid-term elections began Tuesday, citing less than $115,000 in assets.

The group, which some conservative pundits and politicians accused of voter registration fraud during the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.