August 14, 2009

The Daily Bankruptcy News

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Law:

Associates become "apprentices"
(DBN)

Locke Lord Bissell & Liddell Adds Bankruptcy Partner
(DBN)

Denials of Upcoming Layoffs from Dewey, Schulte, and White & Case
(DBN)

Canceled Summer Program Watch: Pillsbury Winthrop (West Coast)
(DBN)

The End of Summer (Programs)
(DBN)

Creditors Go After Heller Pension Fund
(DBN)

A&O sued by redundant associates
(DBN)

Time for Law Partner Sabbaticals
(DBN)

San Francisco Lawyer Practices the Art of Recovery
(DBN)

Bankruptcy Filings Up 35 Percent Over Last Year
(DBN)

Anatomy of a Move: From Super-sized to Mid-Sized
(DBN)

9th Circuit OKs Fired In-House Counsel's SOX Suit
(DBN)

Law firms look to jump ahead in flu vaccine line
(DBN)

Gibson Dunn Associate Turned Reality TV Star Wants To Have Her Cake and Eat It Too
(DBN)

Another Large Firm Partner Is Taking His Book of Business to a Small Firm With Lower Rates
(DBN)

Firm's staff in uproar over costly rebrand
(DBN)

Associate caught running p--- site
(DBN)

Financier Perelman Seeks $11.5 Million in Estate Fight but Gets $177,808
(DBN)

Sources: Fried Frank Defends Pequot in Coming SEC Case
(DBN)

Pls Hndle Thx: Blaze of Glory
(DBN)

Firm faces solitary protestor
(DBN)

Visions of Future Law Firms
(DBN)

Employee Recruitment and Retention at Firms of All Sizes
(DBN)

Heavy Advertising by Lawyers Is a Tricky Proposition
(DBN)

To Sue or Not to Sue? A Chat With a Lawyer on Continental Flight 2816
(DBN)

Fordham Law v. Big Law: Reed Smith's Response
(DBN)

In This Corner, AmLaw #16...
(DBN)

More on Fordham's Reed Smith Ban
(DBN)

University of Miami Law School Offers Deferrals to Incoming 1Ls
(DBN)

Old actor heads to law school to start second career
(DBN)

The 19-Year-Old Law Student-To-Be Doesn't Care What You Think
(DBN)

Legal Love Triangle We Wish We Hadn't Heard About
(DBN)

BigLaw in Baghdad: NY Firm Scores Billables Helping New Regime Balance Its Books
(DBN)

Civil Practice Puts Russian Lawyers at Risk of Violence, Criminal Charges
(DBN)

Say What?!
(DBN)

______________

Judges:

Judge Admits Deflating Tires Of Unauthorized Cars Near His Courthouse
(DBN)

Two TV Judges Get The Ax
(DBN)

Federal Judges Win Lobbying Victory
(DBN)

______________

Wall Street:

Earnings: Reality May Catch Up, Some Day
(DBN)

US data dim optimism on Wall Street
(DBN)

Fresh alert on global stock markets
(DBN)
s

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Jobless Claims Rise
(DBN)

Three Hartmarx plants closed
(DBN)

AIG Consumer Lender Cuts 900 Jobs as Losses Mount
(DBN)

Blue Cross of Illinois parent to cut 650 jobs
(DBN)

Meridian workers are cut loose as manufacturing slump claims another company
(DBN)

Layoffs turn into big business
(DBN)

More industries are seeing an uptick in hiring
(DBN)

Does higher unemployment lead to more drug use?
(DBN)

Milacron Eliminating 130 Positions
(DBN)

______________

Retailing:

Retail Sales Unexpectedly Dip in July
(DBN)

As John and Jane Consumer Goes, So Goes Wal-Mart
(DBN)

Economists see no way to paint happy face on retail numbers
(DBN)

A Small Store's Closing: Symptom of Larger Ills
(DBN)

______________

Banking:

For FDIC, Friday means failures
(DBN)

Toxic Loans May Push 150 Banks Over the Edge
(DBN)

Bailed-out banks: Meet the pay czar
(DBN)

'Pay Czar' Feinberg has tackled tough tasks before
(DBN)

Bankers ready for a bonus increase?
(DBN)

Forget the Pay Czar. If Only Andrew Hall Could Hit a Baseball
(DBN)

Citi's star energy trader wants to revamp pay
(DBN)

BofA: Court Freezes $1 Billion in Colonial Assets in Response to Lawsuit
(DBN)

Colonial Bank on 'brink of collapse'
(DBN)

Bank of America May Expand Commodities Group 25% in Three Years
(DBN)

America First takes over troubled Nevada credit union
(DBN)

First DuPage Bank in trouble with regulators
(DBN)

BofA sues Colonial BancGroup for $1B
(DBN)

______________

Aerospace:

Starfire files for bankruptcy protection
(DBN)

______________

Food/Drink:

The Great Recession Is Killing Bottled Water
(DBN)

Lopez Supermarkets, Inc. responds to bankruptcy
(DBN)

Creamery sale hits snafu in bankruptcy court
(DBN)

Grocery Stores React to Cheapskate Shopping Habits
(DBN)

SouthEast Waffles confirmation set for Sept. 29
(DBN)

______________

Celebs:

Doctor left drugged Michael Jackson alone, sources say
(DBN)

New projects could restore fortunes of Jackson estate
(DBN)

Michael Vick signs with Philadelphia Eagles
(DBN)

Hammer to IRS: U Can't Touch This
(DBN)

______________

 

 

Economy:

Retail sales drop in July despite cash-for-clunkers program
(DBN)

Retail Sales and Unemployment Claims Disappoint
(DBN)

Upbeat Fed views recession as near an end
(DBN)

Confidence in Global Economy Jumps on Signs Recession Is Approaching End
(DBN)

Banks reduce emergency borrowing from Fed
(DBN)

Treasuries Rise as Retail Sales Decline Spurs Auction Demand
(DBN)

Fed Signals No Rush to Exit From Stimulus Measures as U.S. Recession Ends
(DBN)

Productivity rise of 6.4% is good for business, hard on workers
(DBN)

And those emergency stimulus loans are mostly being granted in Iowa, Wisconsin & Minnesota, but nobody knows why
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

Recovery Index
(DBN)

______________

Real Estate:

Freddie Mac cites upswing in fixed-rate loans
(DBN)

Colo. Foreclosure Filings Hit Record High in 2Q
(DBN)

Distressed Sales Made Up 36% Of Q2 Transactions
(DBN)

Michigan Orders Taylor, Bean & Whitaker to Stop Work in State
(DBN)

NY AG Sues Foreclosure Rescue Firm
(DBN)

Loan modification sinks two Southern California lawyers, with a third in the wings
(DBN)

California cracks down on foreclosure consultants
(DBN)

IL foreclosures delayed in spring are hitting the market
(DBN)

N.J. foreclosures rise 21 percent during first half of year
(DBN)

What Does RESPA Have to do with Consumer Bankruptcy Cases?
(DBN)

Home sizes shrink for the first time in 15 year
(DBN)

Would You Share a Home With 100 People?
(DBN)

Goldman Sachs' Brooklyn condo bet sours
(DBN)

Commercial property sales drop 80 percent
(DBN)

_____________

Autos:

Chrysler creditors win approval for Daimler suit
(DBN)

How Marchionne Will Run Fiat-Chrysler
(DBN)

Chrysler Unsecured Creditors' Committee Launches Bankruptcy Website
(DBN)

Chrysler green lights new dealerships
(DBN)

GM: Still Making the Same Mistakes
(DBN)

Visteon wants to end retiree benefits
(DBN)

Government Tells 'Clunkers' Buyers Not to Sign Waiver
(DBN)

Why 'clunkers' program won't take some of the most polluting cars
(DBN)

'Clunkers' turning product to scrap, used-car dealers complain
(DBN)

What do you do with an empty auto plant?
(DBN)

Judge broadens probe of Denny Hecker
(DBN)

Magna resolves final Opel issues with GM
(DBN)

Ssangyong Motor resumes production after strike
(DBN)

Russian car maker IzhAvto files for bankruptcy
(DBN)

______________

Politics:

Banks, Carmakers Filing Pay Reports Cut 2009 Lobbying Costs 37%
(DBN)

______________

Finance:

CIT Group adopts tax plan, signs deal with NY Fed
(DBN)

CIT Must Give Fed Capital, Liquidity, Credit Plans
(DBN)

CIT gives New York Fed oversight of restructuring
(DBN)

______________

Aviation:

Southwest, Frontier pilots at impasse- union
(DBN)

Republic deal beats Southwest, keeps Frontier intact
(DBN
)

A Strange New World: A Bidding War For An Airline
(DBN)

______________

Derivatives:

Buffett: We Screwed Up
(DBN)

______________

Personal Finance:

How much was your raise? Houston's increases top nation's
(DBN)

Housing Bust Ruled No Cause to Upset Child Support Pact
(DBN)

______________

Lehman:

Lehman: Bankruptcy court to hear CLN dispute
(DBN)

______________

Accounting:

FASB Weighs Expanding Fair-Value Accounting to Loans
(DBN)

SEC Zeroes in on Sale-Leasebacks
(DBN)

Court Opens Door to Discovery on BDO Funds, but Judge Warns Inquiry Should Be Narrow
(DBN)

Accountants Blamed in $250M Ponzi Scheme
(DBN)

Big4 Surveys: Optimism and Positive Sentiment Are Here Again
(DBN)

Deloitte is Baiting the New Hires
(DBN)

Ernst & Young Ups the Ante
(DBN)

Bean Counter Reputations Hit a New Low
(DBN)

______________

Swag:

Post-Lehman Galas Give No Tiffany as Gift Bags Shrink
(DBN)

______________

Compensation:

CEO Payroll Blowout: $702.4 Million For Top Earner!
(DBN)

______________

Tax:

UBS Tax Deal Forged in Sweat-Drenched Talks
(DBN)

______________

Hockey:

NHL Wants Coyotes to Fly US Air
(DBN)

_____________

Newspapers:

Trib boss Zell on way out
(DBN)

______________

Hedge Funds:

Hedge funds: Know when to walk away
(DBN)

See? This is what happens when they're home all the time.
(DBN)

______________

Oil/Gas:

Chinese win SemGroup LP assets
(DBN)

______________

 

New Bankruptcy Opinions
(1 new opinion 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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Bankruptcy Statistics:

Bankruptcy filings up 35 percent in past year
(DBN)

______________

Bankruptcy Humor:

Bankruptcy Bill
(DBN)

______________

Bankruptcy Reform:

S. 1624
(DBN)

______________

Debt Collection:

Systemic Indifference
(DBN)

______________

Insurance:

Delaware Supreme Court Rules on D & O Coverage Issue: Affirming Decision in Favor of Carrier Who Did Not Consent to Settlement
(DBN)

______________

Health Care:

Fitch: Median ratio for non-profit hospitals fall for first time in years
(DBN)

Fact or Fiction? The Truth About Four Health Care Fears
(DBN)

High cost puts value of surgical robots in doubt
(DBN)

Newly elected Democrats waver on health plan; 'Town hall' debates spiral out of control
(DBN)

______________

Fraud:

Madoff's Mistress Speaks Out
(DBN)

Bernie Madoff's Guide to New York Restaurants
(DBN)

IRS begins mailing refunds to Madoff victims
(DBN)

Bernie Madoff and the birthers
(DBN)

Stanford Caught Between Rights in His Search for Defense Funds
(DBN)

______________

Small Business:

Small-business rescue program off to a slow start
(DBN)

______________

Gambling:

Greektown Casino, creditors ask court to speed hearings on bankruptcy
(DBN)

Hard Rock renegotiating terms of $1.28B loans
(DBN)

______________

Lexicon:

Zombie Households
(DBN)

______________

Credit Cards:

AmEx Will Cancel Rewards Points on Some Late Accounts
(DBN)

Amex Cardholders' Data Stolen by Employee
(DBN)

Bank of America drops arbitration requirement
(DBN)

How Much Credit Card Debt Do Bankrupt Consumers Have?
(DBN)

A Different Kind of Credit-Card Company
(DBN)

______________

Fashion:

2,300 Escada Employees Affected by Bankruptcy Filing
(DBN)

______________

Municipalities:

Bankruptcy mulled for Detroit schools amid scandal
(DBN)

Who's the biggest loser in a municipal bankruptcy ?
(DBN)

California to Stop Issuing IOUs, Borrow $10.5 Billion
(DBN)

Little Progress On Jefferson County, Ala. Sewer Debt
(WSJ: separate paid subscription required)

'Fastest Dying Cities' Meet for Talk
(DBN)

Pensioners file multimillion-dollar lawsuit against city of Prichard for alleged violation of bankruptcy court order
(DBN)

______________

Defaults:

Credit Crunch, Part II?
(DBN)

______________

Consumer Goods:

Yankee Candle burned by consumer slump
(DBN)

______________

DIP Finance:

The DIP Loan - The New “It” Investment
(DBN)

______________

Shipping:

Star Bulk Carriers Shares Fall After 2Q Loss
(DBN)

______________

Telecoms:

RIM Losing Bid To Stop Nortel-Ericsson Deal
(DBN)

______________

UK:

England/Wales Company Winding Up Petitions Drop In Q2
(DBN)

Bonus Code Sandwiches FSA Against Banks, Lawmakers
(DBN)

Delinquencies in UK buy-to-let mortgages fall
(DBN)

Pre-pack saves Haymills, PwC says
(DBN)

______________

EU:

Euro rises as France, Germany exit recession
(DBN)

Hungary, Romania, Slovakia Recessions Deepened, Straining State Budgets
(DBN)

______________

Canada:

Lehman's Demise Dims SkyPower
(DBN)

______________

Japan:

Lehman moves to block Shinsei
(DBN)

Japan's Economy May Have Expanded in Second Quarter, Nikkei Says
(DBN)

______________

Germany:

Arcandor Administrator Talks to Karstadt Investors, Cuts Jobs
(DBN)

Billionaire Herz Brothers Lose on Escada While Siblings Win With Puma
(DBN)

______________

Hong Kong:

Hong Kong Climbs Out of Recession as Global Economy Recovers
(DBN)

______________

 

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