August 17, 2009

The Daily Bankruptcy News

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Law:

Bankruptcy lawyer will challenge Grassley for Senate seat
(DBN)

Let The Bad Times Roll; Weil to Get Nearly $50 Million In Lehman
(DBN)

Baker & McKenzie London Office Sees 33 Percent Drop in Profits
(DBN)

McLawFirm's Profits Plunge Despite Layoffs
(DBN)

Bakers' London partners bear brunt of PEP drop
(DBN)

McCarter & English Cancels 2010 Summer Program
(DBN)

New Lawyer Says Waitress Job Pays More than Small Law Firms
(DBN)

Is there an E-Discovery Bubble?
(DBN)

Young attorneys are working some very un-legal jobs as slump delays careers
(DBN)

Roiling economy shifts fortunes for some associates
(DBN)

Last Week In Layoffs
(DBN)

Law firms brace for tight times
(DBN)

Quick bankruptcy sales replace US reorganizations
(DBN)

Hughes Hubbard Expands NY Bankruptcy Practice
(DBN)

Clifford Chance, Freshfields Help VW and Porsche Tie the Knot
(DBN)

Law Student, Prosthetic Arm, Abercrombie & Fitch . . .
(DBN)

Armey Leaves DLA Piper Amid Furor Over Health Care Reform
(DBN)

Armey: No Client Asked Me to Leave
(DBN)

Creditors Go After Heller Pension Fund
(DBN)

After Layoff, Unemployment Drying Up, Young Lawyer Is Down but Not Out
(DBN)

Follow-Up: Morgan Lewis Also Denies Layoffs
(DBN)

On Work Product and Tax (This is More Interesting Than it Sounds! Really!)
(DBN)

Big Easy to Big Apple: Send Lawyers!
(DBN)

Fired GC Sues Old Bosses for Defamation
(DBN)

Goals Don’t Change, But Techniques Should During a Bench Trial
(DBN)

UBS Fallout: Tax Man to Crank up the Prosecutions
(DBN)

Judge Tosses Fraud Suit After Witness Is Texted by Boss During Trial
(DBN)

Floyd Abrams and Ted Olson Squabble Over Oral Argument
(DBN)

Tired of Paying for PACER Docs? Princeton Group Offers Alternative
(DBN)

Yet Another Law Firm Employee is Accused in Claimed Embezzlement
(DBN)

Additional Perspectives on Fordham Law v. Reed Smith
(DBN)

Dress for Success: What Should You Wear to Fall Recruiting Interviews?
(DBN)

Lawyers Prefer Coke
(DBN)

Lawyers in fen-phen case to be sentenced Monday
(DBN)

Top Five Ergonomic Problems at Large Law Firms
(DBN)

Pleasure Domes Are So Five Minutes Ago
(DBN)

Tort Reform Advocate Files Class Action After His Car Is Towed
(DBN)

Law Prof Sang for Sha Na Na at Woodstock
(DBN)

Say What?!
(DBN)

______________

Judges:

A Tale of Two Judges
(DBN)

Will Critical Review Keep Judge From D.C. Circuit Slot?
(DBN)

Judge Who Deflated Tires Quits Administrative Post
(DBN)

Justice Stevens Makes Former Clerk an Offer She Can't Refuse
(DBN)

Good thing the Supreme Court has its own gym!
(DBN)

Texas judge who shut door on death-row appeal faces trial
(DBN)

At O'Connor's core is an Arizona cowgirl
(DBN)

Critics want to bench Judge Manuel L. Real
(DBN)

Blogger's Case Could Test the Limits of Political Speech;
(DBN)

Judges Who Would Be King: The judiciary is on an unprecedented power trip
(DBN)

______________

Wall Street:

Stocks Slide on Economy Concern
(DBN)

European, Asian Stocks Fall on Japan Economy; US Futures Drop
(DBN)

Stocks Finish the Week Down as Reports Dull Optimism
(DBN)

After Dow's 42% Run, Roadblocks Looming
(WSJ: separate paid subscription required)

Will the Market Crash?
(DBN)

Wall Street sees shoppers as key to rally's future
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Accentuating the Positive After a Layoff
(DBN)

For Arizona jobless, the wait for benefits is agonizing
(DBN)

______________

Credit Cards:

Credit card issuers have the last laugh
(DBN)

Credit card reforms buy time for consumers
(DBN)

Advanta Reports $330 Million Q2 Loss
(DBN)

______________

Shoes:

Skins Footwear Inc files for Ch. 7 bankruptcy
(DBN)

______________

Auto Racing:

Dodge CEO: We're staying in NASCAR, paying Petty
(DBN)

______________

Compensation:

Obama 'Pay Czar' to Review Executive Compensation Plans
(DBN)

Ditch Bonuses, Bring Sense to Wall Street's Pay
(DBN)

Commodity Traders' $1 Million Bonus as Oil Doubles
(DBN)

______________

Personal Finance:

I Say Spend. You Say No. We’re in Love.
(DBN)

______________

Agriculture:

Sour times for dairy industry
(DBN)

______________

Academia:

Determining Whether Property Is Necessary for an Effective Reorganization: A Proposal for the Use of Empirical Research
(DBN)

Bankruptcy Boundary Games
(DBN)

______________

 

 

Economy:

Drops in Consumer Confidence, Prices Temper Recovery Hopes
(DBN)

Weak Consumer Spending - Get Used to It
(DBN)

Consumer inflation tumbles as shoppers hold back
(DBN)

Small businesses feeling down for 2nd month in row
(DBN)

Is the Recession Over?
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

Recovery Index
(DBN)

______________

Real Estate:

No Quick Recovery for Home Prices
(DBN)

Florida’s Soul-Searching After the Real Estate Bust
(DBN)

Rival banks battle over Mastro bankruptcy
(DBN)

Banks Help Small Debt Become a Big One
(DBN)

Embattled Plainfield apartment firm faces financial crisis
(DBN)

The New American Dream: Renting
(DBN)

Lennar, Homebuilders Begin to Appeal After Pain
(DBN)

NovaStar narrows second-quarter loss, warns again of possible bankruptcy
(DBN)

Home Buyers Want a Bargain: Are Sellers Getting the Message?
(DBN)

Junkyard's Path To Subdivision Long And Winding
(DBN)

Today's ghost towns create challenges of tomorrow
(DBN)

48 vacant buildings blight downtown Detroit
(DBN)

_____________

Autos:

Dealerships Waiting For Clunker Cash
(DBN)

Inside the New GM Dealer Agreements
(DBN)

'Clunker' sales borrow from 2010 market
(DBN)

Volkswagen to Raise $5.7 Billion for Porsche Acquisition
(DBN)

Electric car sticker shock awaits US consumers
(DBN)

Toyota to end output at GM JV plant in March
(DBN)

Chrysler to make Fiat in Mexico
(DBN)

Auto suppliers under bankruptcy protection
(DBN)

Judge mulls Visteon retiree benefits
(DBN)

______________

Tax:

UBS client to Plead Guilty in Failure to Report Swiss Bank Account to IRS
(DBN)

UBS to name 5000 accounts under US deal
(DBN)

Swiss experts criticize UBS-US deal
(DBN)

Tax dodgers scramble to come clean amid crackdown
(DBN)

Textron Ordered to Give IRS Tax Shelter Papers by Appeals Court
(DBN)

Ancient haven San Marino fights for banking life
(DBN)

Hong Kong used by US tax evaders
(DBN)

Corporate Taxpayers Take a Big Hit in 1st Circuit's 'Textron' Ruling
(DBN)

______________

Apparel:

Creditors seek to push Ellen Tracy into bankruptcy
(DBN)

______________

Aviation:

Despite its lower bid, Republic Beats Southwest in Bid for Failed Airline
(DBN)

Southwest's play for Frontier: Dallas airline's bid strategy reflected complexities of bankruptcy law
(DBN)

Frontier aims to emerge from bankruptcy next month
(DBN)

Frontier Win Surprises Even Republic's CEO
(DBN)

Frontier seeing clear skies
(DBN)

______________

Lehman:

The Lehman Bankruptcy Fee Awards: And the Winner Is . . .
(DBN)

Lehman Case Will Affect CDO Ratings, Says Fitch
(DBN)

______________

Hollywood:

Weinsteins Struggle to Regain Their Touch
(DBN)

______________

Green:

Credit Woes Soil Clean Tech Firms
(DBN)

______________

Telecoms:

Nortel Asset Liquidation Taken Over by Ernst & Young
(DBN)

The XO Files
(DBN)

Ever greater numbers of Americans are disconnecting their home telephones, with momentous consequences
(DBN)

______________

IP:

Patent Fight Rages On In Bankruptcy Court
(DBN)

______________

Securitization:

The Alphabet Problem and the Pooling and Servicing Agreements
(DBN)

Restructuring structured products, an update
(DBN)

______________

ARS:

Cuomo likely to file Schwab ARS suit on Monday
(DBN)

Charles Schwab Says Filing Of Charges Related To ARS Sale Unwarranted
(DBN)

______________

Accounting:

Accounting Firms Cope with Recession Pressures
(DBN)

______________

Newspapers:

Tribune Wins Extension to File Bankruptcy Reorganization Plan
(DBN)

Tribune Co. creditors seek special counsel to probe buyout
(DBN)

Finally, The Sale of the Cubs Should Be Signed This Week!
(DBN)

______________

Municipalities:

Chicago City Government Closed For Business On Monday
(DBN)

Ala. gov signs bill for new tax to rescue county
(DBN)

______________

Non-Profits:

Rainbows United bankruptcy reminding nonprofit boards of need for strong oversight
(DBN)

______________

Mining:

In bankruptcy, a deal isn't always a deal
(DBN)

______________

 

New Bankruptcy Opinions
(2 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)

DIP Finance:

A costly typo incenses Lyondell's unsecureds
(DBN)

______________

Retailing:

Abercrombie Has Loss on Sales Slump, Ruehl Stores
(DBN)

______________

Fraud:

Hadassah Says It Never Knew Ex-Finance Chief Had Madoff Affair
(DBN)

Hadassah's bigger worry
(DBN)

Illegal Affair? Madoff Victim Reveals Secret, and Possible Conflict
(DBN)

Madoff cheated in bed too, woman claims
(DBN)

Madoff Screwed Charity Then Slept with CFO, Says Book
(DBN)

Book Excerpt: 'Madoff with the Money'
(WSJ: separate paid subscription required)

Feds to auction off Ponzi schemer Bernie Madoff's luxurious homes
(DBN)

Massachusetts Rejects Deal With Firm Tied to Madoff
(DBN)

______________

Health Care:

Obama Team Drops Public Option
(DBN)

White House Appears Open to Insurance Co-ops
(DBN)

A Public Option Isn't a Curse, or a Cure
(DBN)

Six Lobbyists Per Lawmaker Work on Health Overhaul
(DBN)

Health Debate Turns Personal for Obama
(DBN)

______________

Celebs:

Project Runway alum Jerry Tam files for Chapter 7 bankruptcy
(DBN)

Bankruptcy could be a harsh TV reality
(DBN)

Prison Was 'A Turning Point,' Quarterback Vick Says
(DBN)

Vick's history is laced with trouble
(DBN)

______________

Banking:

Big Bank Down
(DBN)

BB&T Takes Over Failing Colonial Bancgroup
(DBN)

Friday's Bank Failures Cost FDIC $4B
(DBN)

Regulators seize 1 Nevada, 2 Arizona banks
(DBN)

Colonial Bank: The Cycle Is Complete
(DBN)

Banks added 10,000 branches in boom
(DBN)

Banks selling toxic mortgages
(DBN)

Feasting on failed banks
(DBN)

France Seeking Ban on Guaranteed Bonuses for Bankers
(DBN)

Darling Plans New Law to Curb Bonuses Amid Criticism of Rules
(DBN)

______________

Gambling:

I Got Your Tropicana Trademark Right Here
(DBN)

Colony Capital Hands Resorts Atlantic City To Lenders
(DBN)

On a roll to Atlantic City
(DBN)

______________

Golf:

Olde Liberty Golf & Country Club heads to auction block
(DBN)

______________

Consumer Debt:

Calling the Bank’s Bluff: Why a Debtor’s Revolt Would Work
(DBN)

______________

Credit Reporting:

Does a Tarnished Credit Report Equal an Untrustworthy Employee?
(DBN)

______________

Jewelry:

Friedman's Jewelers and Crescent Jewelers are up for sale
(DBN)

______________

Horticulture:

Teufel debt hits vendor: Nursery's bankruptcy trickles down to suppliers
(DBN)

______________

Student Debt:

Bankruptcy Court Rules that Non-Payment of Tuition is not a Non-Dischargeable Student Loan
(DBN)

______________

Oil/Gas:

Crude Oil Falls to a Two-Week Low on Weak Consumer Sentiment
(DBN)

______________

Corporate Governance:

How one corporate misstep led to a change in American law
(DBN)

______________

UK:

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

Drop In UK Repossession, Bankruptcies No Turning Point
(WSJ: separate paid subscription required)

Barclays tries to seize home of Baron Strange of Knockin
(DBN)

UK Home Sellers Lowered Asking Prices in August
(DBN)

______________

EU:

Balkan loan guarantors struggle to pay others' debts
(DBN)

______________

Japan:

Japanese Economy Expanded Last Quarter
(DBN)

Japan emerges from recession; markets wary on recovery
(DBN)

______________

Iceland:

The Little Economy That Couldn't
(DBN)

______________

China:

China Stocks Drop Most in Nine Months; Index Falls Below 3000
(DBN)

______________

 

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