August 27, 2009

The Daily Bankruptcy News

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Law:

Law Firms Abound in Colonial BancGroup Bankruptcy
(DBN)

Ashurst Restructuring Chief Heads to Milbank
(DBN)

A ‘Lost Year’ for 2Ls: About Half of BigLaw Jobs Are Gone
(DBN)

No Offer Watch: The Baker Botts Bread Isn't Rising
(DBN)

For law firms, the times are a-changin'
(DBN)

Skadden to do early summer offers, en masse
(DBN)

BofA-SEC Judge Won't Stop Until He Has Names
(DBN)

Merrill Ruling Could Hit Wall Street Lawyers Where It Hurts
(DBN)

Judge calls SEC's explanation of BofA deal 'puzzling'
(DBN)

Rakoff Pokes Further at Attorney-Client Privilege in Bonus Case
(DBN)

Rakoff to SEC, BofA: 'Thanks For This. Now Try Again'
(DBN)

Judge Approves $150 Million BofA Settlement With Former Merrill Investors
(DBN)

Morgan Lewis's New Compensation Structure = Less Base Compensation?
(DBN)

How Has the Recession Affected You?
(DBN)

Career Alternatives for Attorneys?
(DBN)

The danger of killing the billable hour
(DBN)

No More Gravy Train
(DBN)

Law firm partners practicing longer can create problems for associates
(DBN)

Chadbourne to Open 2nd Calif. Office, Hires Yahoo Patent Counsel
(DBN)

Pa. Firm Sued Over Shaky Grasp of N.J. Lien Law
(DBN)

FDIC Heeds Am Law Firms, Loosens Private Equity Regulations for Failed Bank Deals
(DBN)

Refco lawsuit against auditor, law firm dismissed
(DBN)

On Going Solo: A Cautionary Tale
(DBN)

Downturn Dims Prospects Even at Top Law Schools
(DBN)

UT-Austin OCI: Great for Employers, Bad For Students
(DBN)

The Top 14 Get a Taste of the Toilet!
(DBN)

Paralegal Headed to Law School Takes $125K Job Instead, Is Fired and Sues
(DBN)

Big Law Equals Big Brother
(DBN)

Technology Didn't Democratize Trial Law After All … At Least for Now
(DBN)

Was Armed Intruder a Law Prof?
(DBN)

With BigLaw Jobs Drying Up, Help Us Help Julia
(DBN)

Plaintiffs Firms Show Support for SEC Shareholder Rights Proposal
(DBN)

California Dreamin': NY Firm Opens New Office
(DBN)

3rd Circuit Says Lawyer's Plea Deal Properly Denied for Lack of Contrition
(DBN)

Mortgage Default Team Breaks Away From Southern Firm to Start Their Own Practice
(DBN)

PACER Under Review
(DBN)

Say What?!
(DBN)

______________

Judges:

Bulldog Judge Bites Into SEC-Bank of America settlement
(DBN)

High Court Justices Among Those Paying Tribute to Sen. Kennedy
(DBN)

Souter Blocks Access to His Papers for 50 Years
(DBN)

Microsoft Takes Aim at Judge in Brief Asking Federal Circuit to Overturn $290 Million Judgment
(DBN)

Decision in lay judge trial finalized for 1st time
(DBN)

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Wall Street:

Wall Street set to open higher
(DBN)

Most Europe Stocks Rise
(DBN)

Most US Stocks Drop After Report on Orders for Durable Goods
(DBN)

Slipping after the surge
(DBN)

How Not to Supervise a Broker
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

A Coach for the Recession
(DBN)

Fujitsu to Axe 1,200 Jobs
(DBN)

Official: Real unemployment rate at 16%
(DBN)

Finance Layoffs: Bank of America and D.E. Shaw
(DBN)

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Banking:

Thrifts Report First Profit Since 2007 on Fees, Lower Reserves
(DBN)

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Fraud:

Allen Stanford's Receiver Finding Controversy -- but Little Money
(DBN)

Former Stanford Investment Advisers Push to Get Assets Unfrozen
(DBN)

Will Madoff CFO make a good witness?
(DBN)

Hassan Nemazee: The White-Collar Defendant of the Fall?
(DBN)

NYC banker accused of fraud freed on bail
(DBN)

HealthSouth lawyers want deputies to use force to seize Richard Scrushy property
(DBN)

______________

Telecoms:

Sprint urges judge to deny DBSD Chapter 11 plan
(DBN)

______________

Insurance:

MassMutual Stripped of AAA Grade at S&P on Fund Units
(DBN)

Judge liquidates First Commercial Insurance
(DBN)

______________

Derivatives:

Credit Default Swaps for Fools
(DBN)

______________

 

 

Economy:

Home sales, durable orders buoy recovery hopes
(DBN)

Sale of big-ticket items soar, bolstering economy
(DBN)

One Clap for Bernanke Reappointment
(DBN)

How Bernanke failed us
(DBN)

The Dangers Ahead for Bernanke
(DBN)

WSJ: Dollar Steadily Losing Influence
(DBN)

3,900 Stimulus Checks Went to Prison Inmates
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

Recovery Index
(DBN)

______________

Real Estate:

New home sales blast past expectations
(DBN)

US Housing May Be Turning Around, Shiller Says
(DBN)

Sales Rise, But Las Vegas Can't Shake Home Price Declines
(DBN)

Adjustable Mortgages Loom as Threat to Housing Recovery
(DBN)

Obama Mortgage Effort May Need Modification
(DBN)

Why Aren't Lenders Doing More Loan Modifications?
(DBN)

Four Attorneys Indicted in Mortgage Scam
(DBN)

A Not-So-Long Road to Recovery for Retail Real Estate?
(DBN)

Nonresidential Construction Forecasts See Little Improvement Near-Term
(DBN)

Taylor Bean Mortgage Bonds Fail to Pay Principal to Investors
(DBN)

Toll Reports 8th Straight Loss as Recession Saps Luxury Demand
(DBN)

Luminent suit against Merrill Lynch dismissed
(DBN)

Kearney Construction files bankruptcy
(DBN)

Shareholder Action Against Failed Mortgage Lender Tossed
(DBN)

US judge confirms WCI plan of reorganization
(DBN)

_____________

Corporate Reform:

SEC may wield stronger hand after BofA bonus case
(DBN)

______________

Gambling:

Isle of Capri Casinos Q1 misses Street, shares fall
(DBN)

'Greektown bankruptcy is no Delphi'
(DBN)

Atlantic City Isn't Playing With a Full Deck
(DBN)

Tropicana's ex-owner to take charge again
(DBN)

______________

Retailing:

Ten Thousand Retail Store Closures Expected By Year End
(DBN)

______________

Aviation:

Airlines May Have a Bumpy Ride in Fall and Winter
(DBN)

Chinese airline goes bankrupt with huge debts
(DBN)

Czech Airlines struggles as it seeks a buyer
(DBN)

______________

Newspapers:

Tribune Bondholders Seek Probe of Zell's $8.3 Billion Buyout
(DBN)

'Inquirer' Bankruptcy Turns Contentious
(DBN)

______________

Celebs:

Lenny Dykstra Is Living In His Car
(DBN)

______________

Lehman:

Lehman derivative disputes must be mediated-NY court
(DBN)

Citadel unit lands $40B Lehman biz
(DBN)

Former Lehman Brothers President Wants His God Damn Money
(DBN)

______________

Accounting:

Grant Thornton, Ernst Win Dismissal in Refco Suit
(DBN)

KPMG director admits fraud
(DBN)

Eating Hours: Are You in Denial?
(DBN)

KPMG Didn't Hear You Say 'Uncle'
(DBN)

Professional Rogues
(DBN)

______________

Tax:

US Court Rejects 'TurboTax' Defense Relied on by Geithner
(DBN)

The inefficiency of the IRS taking on hedgies
(DBN)

______________

Municipalities:

Moody's Investors Service lowers Detroit's bond status to below junk
(DBN)

Commission president says Jefferson County not sure what to do
(DBN)

______________

Compensation:

U.S. unlikely to adopt France's schizo pay rules
(DBN)

______________

Health Care:

Sunwest plans bankruptcy and property sales, eyes public offering
(DBN)

Sunwest files for Chapter 11 process
(DBN)

Sunwest plan riles investors
(DBN)

Hospitals See $16 Billion Windfall From Overhaul Deal
(DBN)

Bankruptcy judge to rule whether hepatitis trial will go on as scheduled
(DBN)

"Bankruptcy Ring?"
(DBN)

_____________

Student Debt:

More college grads bank future on private student loans
(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:

Are bankruptcy lawyers compensated at market rates as the Bankruptcy Code intends?

Click here to vote and click here to see results

Last Week's Poll Results (Have Sales Replaced Reorgs)

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Bonuses:

How Kennedy Changed Chapter 11
(DBN)

Kennedy and the Code
(DBN)

Always Take the Cash
(DBN)

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Obits:

Ted Kennedy
(DBN)

The Lion Of The Senate
(DBN)

______________

Finance:

How the growth of secured lending to distressed companies, has changed chapter 11
(DBN)

______________

Fraudulent Transfers:

Mitigating fraudulent risk
(DBN)

______________

Autos:

U.S. Moves Trouble Foreign Car Makers
(DBN)

Automaker asks court to halt suits over ending franchises
(DBN)

Daimler Rejects Chrysler Contract Breach Allegations
(DBN)

Uncle Sam, Detroit's Enabler
(DBN)

Auto Cast Inc. files for bankruptcy
(DBN)

GM re-examines Opel options
(DBN)

Experts see five possible solutions to the Opel drama
(DBN)

GM returns to Cold War fear in talks to sell Opel
(DBN)

Japanese, Koreans gain most from cash for clunkers
(DBN)

______________

Banking:

FDIC Sets Standards for Private-Equity Firms to Buy Shut Banks
(DBN)

Platinum Bank draws concern from regulator
(DBN)

CIBC Profit Misses Estimates as Loan-Loss Provisions Soar
(DBN)

______________

Hotels:

Hahn & Hessen Selected as Counsel to Creditors' Committee in Extended Stay
(DBN)

Hotel Receivers Earn Rich Rewards
(WSJ: separate paid subscription required)

______________

Resorts:

Makena Resort investors default on loan
(DBN)

______________

Celebs:

Michael Vick set to make debut
(DBN)

Creditors back Michael Vick's bankruptcy plan
(DBN)

______________

Boating:

NC boat builder seeks bankruptcy protection
(DBN)

______________

Horse Racing:

Horse Track Owner Moving Ahead on Property Sales
(DBN)

MEC bankruptcy judge approves Florida property sale
(DBN)

______________

Oil/Gas:

As Oil Explodes, Why Natural Gas Prices Stay Low
(DBN)

______________

Corporate Governance:

Chancery Court Discusses Procedural Requirements for Parent Corporation to Pursue Claims Against Directors of Wholly-Owned Subsidiary
(DBN)

The importance of director confidentiality programs
(DBN)

______________

Hockey:

NHL Offer for Phoenix Coyotes Challenges Balsillie
(DBN)

NHL bid open to Coyotes' relocation
(DBN)

NHL pushes Balsillie's Coyotes bid closer to the cliff
(DBN)

Despite NHL bid, Coyotes not out of dog house
(DBN)

Who will own the Coyotes?
(DBN)

Coyotes suitor unfazed by NHL's bid
(DBN)

Questions keep coming
(DBN)

NHL talking relocation -- on its terms
(DBN)

Gretzky's missionary days appear over
(DBN)

______________

UK:

Man hanged himself with his tie over bankruptcy
(DBN)

Keydata creditors committee unveiled
(DBN)

______________

Australia:

Jump in bankruptcy fears, new laws touted
(DBN)

______________

Canada:

Credit counsellors worried as banks pull out of national donation program
(DBN)

Mecachrome's recapitalization plan approved by its creditors
(DBN)

______________

 

 

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