DOJ seeks to seize assets of Adelphia founder, former CFO News
DOJ seeks to seize assets of Adelphia founder, former CFO

[JURIST] The US Justice Department has asked a judge to enter a $2.53 billion judgment against Adelphia Communications founder John Rigas and his son Timothy Rigas, also Adelphia's former CFO, according to a report [subscription required] in Tuesday's Wall Street Journal. The DOJ says that if it receives the judgment, equal to the amount obtained by the Rigases through off-balance-sheet loans, it will attempt to seize stock in cable TV systems managed by Adelphia. The move could prove to be an obstacle in Adelphia's efforts to emerge from bankruptcy. Reuters has more.

THIS DAY @ LAW

Montgomery started racially-integrated bus service after boycott

On December 21, 1956, buses in Montgomery, Alabama, started racially integrated service following federal court rulings ending on-board segregation. Bus boycott leaders Rev. Dr. Martin Luther King and Rev. Ralph Abernathy were among the first riders under the new scheme. Learn about the Montgomery Bus Boycott.

Stalin born

On December 21, 1879, Joseph Stalin was born in Gori, Georgia. In 1922, he became leader of the USSR until his death in 1953. During his time as Soviet dictator, Stalin industrialized his country, which he then led to become one of the world's two superpowers after WWII. Through his infamous purges, show trials and nationwide famines, Stalin also became responsible for millions of deaths.