August 13, 2009

The Daily Bankruptcy News

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Law:

Snapshot: Jay Goffman
(DBN)

Lawyer’s Wild Ride Ends In Liquidation
(DBN)

Arnold & Porter's Managing Partner Cleaning Up Colonial, Taylor Bean Mess
(DBN)

Tipster: Gallagher & Kennedy Hires Bankruptcy Team from Greenberg Traurig
(DBN)

Lovells, Latham lead as High Court hands down key private equity restructuring ruling
(DBN)

Mid-Level Associates Survey Results - 2009
(DBN)s

Law Firms Prove Rich Source of Campaign Funds in Manhattan DA Race
(DBN)

G-Men Go (for the)Green: US Attorneys Are the New "It" Lateral Hire
(DBN)

Big firms still facing big problems
(DBN)

Down but Not Out After a Layoff
(DBN)

Jobless Told to Network, but Some Stay Silent and Keep Up Appearances
(DBN)

Career Alternatives for Attorneys: Farmer?
(DBN)

Suburban Lawyers Explain Why Their Firms Are Prospering
(DBN)

Law Firms Drop Pricey Branding Sponsorships Such as PGA ‘Chalet’
(DBN)

BigLaw, Sin City: AmLaw !00 Firm Suing Strip Clubs
(DBN)

Former Partner Sues Firm for Capital Contributions
(DBN)

Mapping the Legal Globe
(DBN)

In attorneys probe, one burning question
(DBN)

Real estate lawyers hard hit by economic crisis
(DBN)

Lawyers Accused of Ducking Texas Laws
(DBN)

Fordham Law School Bans Reed Smith After Firm Pulls Out of On-Campus Interviews
(DBN)

Fordham Law Lashes Out at Reed Smith Rudeness Dean Treanor to firm: Don't come 'round here no more.
(DBN)

Notes from the Breadline: To Be On Your Own
(DBN)

The Paper(less)Chase
(DBN)

Are Some E-Mail Addresses Risky Business for Lawyers?
(DBN)

Law Firm Worker Tells Advice Columnist of Plagiarizing Lawyer
(DBN)

Calling Someone Homosexual Is Not Defamation Per Se, Judge Rules in Suit by Anna Nicole Smith Lawyer
(DBN)

Biglaw Associate and Her Househusband Star in New Fox Reality TV Show
(DBN)

What Attorney Learned from Ferris Bueller’s Day Off
(DBN)

As Court Hearing Begins, Defendant Turns Out to Speak Mayan, Not Spanish
(DBN)

Caption Contest Finalists: Shame on You
(DBN)

Say What?!
(DBN)

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Judges:

2 Judges in Hot Water Over Alleged Inappropriate Remarks
(DBN)

Judge Faces Ethics Charge for Remark Linking Lawyers to Nazis
(DBN)

A White House Celebration for Sotomayor
(DBN)

Courthouse Worker Says Judge Apparently Deflated Her Tire
(DBN)

Judge of the F&*ng Day: Jeffrey L. Marcuzzo
(DBN)

Void All Rulings By Corrupt Judge, Overseer Tells Top State Court
(DBN)

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Wall Street:

US stock futures point to higher Wall St open
(DBN)

Fed Aids Market Rebound
(DBN)

A 2,700% gain, with room for more
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Kaiser Permanente to cut more than 1,800 jobs in California
(DBN)

ADC to cut 4 percent of workers
(DBN)

Mass Firings At AOL Next Week?
(DBN)

Employers slow to hire as economy improves
(DBN)

Many laid-off workers try to lie low
(DBN)

Worst job losses may be over, U.S. labor statistician says
(DBN)

Large Layoffs in Second Quarter, Few Plans to Rehire
(DBN)

A 'Jobless' And 'Wageless' Recovery?
(DBN)

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Retailing:

General Growth lenders lose bid in bankruptcy case
(DBN)

Macy's raises full-year outlook as profit beats estimate
(DBN)

Former Kmart CEO returns to court
(DBN)

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Fraud:

For Madoff's CFO, hearing ends in handcuffs
(DBN)

Madoff Aide Holds Key to Intrigue
(DBN)

One Big Question for the Madoff Gang
(DBN)

DiPascali denied bail after guilty plea
(DBN)

Harry Markopolos Warns of a Bleak Future
(DBN)

Foundation Sues Merrill Lynch for $30 Million Over Madoff Investments
(DBN)

The Madoffs' Credit Card Bills
(DBN)

Basic checks could have uncovered Madoff's scheme
(DBN)

Freeze on Stanford investors' funds extended
(DBN)

Rivas Pleads Guilty To Chattanooga-Based Ponzi Scheme
(DBN)

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Special Purpose Entities:

Judge Strikes a Blow to SPE Game
(DBN)

______________

Municipalities:

Bing meets with bond agency to ease fears
(DBN)

Detroit's Public School Woes Get Worse
(DBN)

In downturn, cities grow food where they can
(DBN)

Pa. 'considering' sending prisoners to Mich.
(DBN)

California has amassed a mountain of debt
(DBN)

State House approves JeffCo occupational tax bill
(DBN)

Troubled Alabama county in forbearance agreement
(DBN)

______________

Newspapers:

The Trib's Bonus Babies
(DBN)

NYT Could Take A $1 Billion Bath Selling The Boston Globe
(DBN)

Judge: Creditors' offer could have led to a breach of the owners' fiduciary obligations
(DBN)

At the Tribune Company, Inquiring Union Minds Want to Know
(DBN)

Creditors face off with Philly papers' management
(DBN)

Lenders' Group Says It Won't Try to Shut Down Daily News
(DBN)

Gannett Cuts 70 More Jobs at Westchester Newspaper
(DBN)

San Diego Union-Tribune Announces More Job Cuts
(DBN)

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Chemicals:

Tronox has many suitors
(DBN)

______________

Health Care:

Obama Turns Fact Checker-in-Chief in Health Care Reform Debate
(DBN)

12 million Americans rejected by health plans
(DBN)

3 big health-care myths
(DBN)

'Euthanasia' Is Taking Health Care Debate Too Far
(DBN)

Scare Tactics Over "End-of-Life" Bill?
(DBN)

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Economy:

Fed Holds Rate Steady and Moves to End Debt Buying
(DBN)

Fed Says Economy Leveling Out
(DBN)

US Posted Record Year-to-Date Budget Gap in July
(DBN)

Taleb: You Fools Don't Understand That We're Doomed
(DBN)

Another Stimulus Package?
(DBN)

Billionaire Li Says Global Economy Won't Recover This Year
(DBN)

Who Won the Recession?
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

Recovery Index
(DBN)

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Real Estate:

Existing home sales fell in second quarter
(DBN)

Home sales grew in second quarter in 39 states
(DBN)

Countrywide Sanctioned by Ohio Court Citing Porter & Twomey
(DBN)

Report: Nearly One in Four Homeowners Underwater
(DBN)

47 percent of South Florida homeowners underwater on mortgages
(DBN)

Another looming housing crisis
(DBN)

Sales increase, prices fall
(DBN)

Foreclosure plague: No cure yet
(DBN)

TARP $$ To Go To Foreclosures?
(DBN)

US Foreclosure Filings Set Third Record-High in Five Months
(DBN)

HAMP--Is It Really All About the Money?
(DBN)

Bank takes back Palm Harbor condominium project
(DBN)

Washington State Home Sales Fall 15.6 Pct. In 2Q
(DBN)

House swapping becoming popular in a down market
(DBN)

Toll Jumps as Third-Quarter Revenue Beats Estimates
(DBN)

JS Kempf files for bankruptcy
(DBN)

Massive Maguire Properties Mortgage Default Underscores CRE Debt Maturity Challenges
(DBN)

Dog Days: Investors Still Reluctant to Buy Into Stormy Distressed Market
(DBN)

Fewer bank locations is trouble for REITs
(DBN)

Michigan foreclosure rate dives as freeze takes effect
(DBN)

_____________

Autos:

GM has a ways to go to get a clue
(DBN)

PBGC seizes third auto supplier pension plan
(DBN)

Motors Liquidation Isn't GM But Trades Like It Is
(WSJ: separate paid subscription required)

American Axle appears to pay $7M in interest on time
(DBN)

EPA Says It Can't Confirm GM's 230-MPG Fuel Economy Claim
(DBN)

Chrysler Said to Boost 2nd-Half Production to Fulfill Demand
(DBN)

Firm details old Chrysler debt
(DBN)

Carlyle Group Bid for Metaldyne Gets Judge's Approval
(DBN)

US '10 auto sales may top 11.5 million units: JD Power
(DBN)

______________

Tax:

UBS reaches deal to settle US tax probe
(DBN)

Fallout from US, UBS deal will be far reaching
(DBN)

No way to hide for US tax cheats after UBS deal
(DBN)

UBS Agrees to Reveal Names of Suspected US Tax Evaders
(DBN)

UBS and the IRS Hug it Out: A Chat with Zuckerman's Evan Stewart
(DBN)

______________

Radio:

On the Radio: Pulse fainter - Parent co. in bankruptcy
(DBN)

______________

Celebs:

Dykstra Gone To The Dogs
(DBN)

MC Hammer In Trouble With The IRS, Cousin In Trouble With The Law
(DBN)

Jackson’s Estate Grows Bigger After His Death
(DBN)

Auf Wiedersehen, Jerry Tam
(DBN)

______________

Fashion:

Germany's Escada to file for bankruptcy protection
(DBN)

The 'BK' Indicator
(DBN)

______________

Telecoms:

Optimism Rises for Nortel Unit Sell-Offs
(DBN)

Political Rhetoric Heats Up on Nortel Asset Sales, Pensions
(DBN)

______________

Credit Cards:

Credit card offers a good sign?
(DBN)

Ahead of New Credit-Card Rules, Expect Higher Rates and More Fees
(DBN)

Cardholders Get Rude Surprise at Register
(DBN)

______________

Trucking:

YRC Worldwide downgraded
(DBN)

Evergreen Transportation files Chapter 11 bankruptcy
(DBN)

Heavy Truck Demand Down 45 Percent
(DBN)

Freight Transportation Index Stuck in Low
(DBN)

______________

Compensation:

Save This Store
(DBN)

Feds to keep automaker execs' pay private
(DBN)

Banks to Report Plans for Executive Compensation
(DBN)

Working to Please the Pay Czar
(WSJ: separate paid subscription required)

Pop Goes The Compensation Bubble
(DBN)

Citi trader's $100M payday exempt from TARP rules
(DBN)

Feinberg's Pay Decisions May Be Wall Street Template
(DBN)

______________

Personal Finance:

Toothache for Children of the Recession
(DBN)

Recession is making divorce a luxury item
(DBN)

______________

Tourism:

Coastal resorts in Orange County struggle at height of travel season
(DBN)

______________

Accounting:

Hey Big 4, How's Gen Y Working Out for You?
(DBN)

______________

Credit Counseling:

Class Claims 'Debt Settlers' Overcharge
(DBN)

______________

ARS:

What Now for Auction Rate Securities Litigation?
(DBN)

______________

Banking:

Guaranty Bank may have a buyer soon, analysts say
(DBN)

Banks are still intoxicated
(DBN)

British Regulator Issues Rules on Bank Bonuses
(DBN)

Huge Bonus Hangs Over Pay Review
(DBN)

______________

 

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

This Week's Poll:

The recession is ending, but bankruptcy lawyers will remain busy for ____ years.

Click here to vote and see results

Last Week's Poll Results (GM-Gov't)

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Gambling:

Second plan filed to get Greektown Casino-Hotel out of bankruptcy
(DBN)

Bondholders oppose Trump plan to retake casinos
(DBN)

Atlantic City wants $20M a year to promote itself
(DBN)

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Hotels:

The mess at Extended Stay
(DBN)

Extended Stay sends Fed down a new lane
(DBN)

______________

Food/Drink:

Fitch report finds financial risk for restaurants moderating
(DBN)

Lopez Supermarkets Inc. files for bankruptcy
(DBN)

______________

Lehman:

Lehman, AIG Face Off
(DBN)

______________

Aviation:

Southwest Airlines sees big potential with Frontier bid
(DBN)

Southwest seeks to buy Frontier, auction Thursday
(DBN)

Republic brings more than cash to Frontier fight
(DBN)

Frontier frequent fliers' status up in air
(DBN)

JetBlue Offers Month of Flights for $599 to Help Fill Planes
(DBN)

Airlines' Bag Expert Fights a Lost Cause
(DBN)

______________

Magazines:

Conde Nasties Lose Their Black Cars, Spa Days And Sushi Lunches
(DBN)

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Pensions:

Workers again putting more into 401(k)s
(DBN)

______________

Credit Cards:

Variable rates replacing fixed for cardholders
(DBN)

______________

Hedge Funds:

Paulson Hedge Fund Buys Banks That Lost Value in Credit Crisis
(DBN)

SEC Levels Harpoon At Pequot
(DBN)

Hedge Fund, in Dissolving, Braces for S.E.C. Inquiry
(DBN)

When is it time to give up the hedge fund rat race?
(DBN)

Amaranth Settles CFTC, FERC Actions For $7.5M
(DBN)

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Printing:

AbitibiBowater's Q2 loss doubles to $510M US
(DBN)

______________

Hockey:

Reinsdorf Moves Closer To Purchase Of Coyotes
(DBN)

Balsillie targets Peddie and Maple Leafs
(DBN)

______________

Corporate Reform:

Cracks in the SEC's crackdown
(DBN)

Ex-Kmart CEO wants to overturn verdict in SEC case
(DBN)

The Idea That Danny Pang Would Have A Secret Girlfriend Is Just Outrageous
(DBN)

______________

Distressed Investing:

Icahn's American Railcar Bet May Be Tied to CIT Fate
(DBN)

Vulture Investors Speed Up Pace of Distressed Takeovers
(DBN)

_____________

Finance:

Small-Business Stimulus Loans Slow to Trickle
(DBN)

______________

Insurance:

$22M Verdict Upheld Against Insurer in Katrina Case
(DBN)

Aegon Has Loss, Will Sell Shares to Help Repay State
(DBN)

D&O Insurer "Cut Out" of Settlement Process May Reasonably Withhold Consent
(DBN)

_____________

Derivatives:

Credit Protection Payments Triggered At Thomson
(DBN)

Retail Derivatives: Overpriced at a Broker Near You?
(DBN)

______________

Corporate Governance:

Chancery Court Reviews Determinations of Trustee Overseeing Winding up of Dissolved Entity
(DBN)

______________

Education:

Strapped Colleges Keep Leaders in Luxury
(DBN)

______________

Lexicon:

Slashers
(DBN)

______________

UK:

Insolvencies hitting 55 companies daily
(DBN)

Deloitte's MG Rover audit may feature in BDO report
(DBN)

HMRC to blow overseas accounts wide open
(DBN)

Keydata investors may be hit with huge tax bill
(DBN)

Don't be fooled by signs of recovery, says TMA (UK)
(DBN)

______________

EU:

Germany and France Show Unexpected Growth
(DBN)

_____________

Canada:

Lehman-Backed SkyPower Files for Bankruptcy
(DBN)

______________

Germany:

Arcandor to give up investor search Saturday
(DBN)

Escada Files for Bankruptcy in Munich as Revamp Fails
(DBN)

______________

Kazakhstan:

Kazakhstan ups pressure on its banks creditors
(DBN)

______________

Cuba:

How Cuba is experiencing the recession
(DBN)

______________

China:

Chinese Learn Credit Card Perils The Hard Way
(DBN)

______________

 

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