December 22, 2009

The Daily Bankruptcy News

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The Daily Bankruptcy News will not publish on December 24 and 25, 2009

Law:

Thirteen for Dinner at the $1,000-Per-Hour Club
(DBN)

Jones Day Names Bankruptcy Partner
(DBN)

New Partner Watch: The Jones Day 36
(DBN)

The Bankruptcy Files: Kirkland Handling Citadel's Crumble
(DBN)

Latham, Clifford Chance Remain Busy in Dubai
(DBN)

Hedge Fund Sues Dechert, Claims $125M Loss in Dreier Ponzi Scheme
(DBN)

Ex-Associate to File $50 Million Harassment Suit Against Fried Frank
(DBN)

Ex-Purdue Pharma GC Asks Court: Give Me Back My Career
(DBN)

Attorney O’Quinn’s Estate OKs $46M Settlement With Former Clients
(DBN)

Lavely & Singer: The Firm at the Center of the Tiger Cover-Up
(DBN)

Will Changes in Associate Pay and Training Hurt Law Firms?
(DBN)

Partial Salary Thaw at Fulbright
(DBN)

Nationwide Salary Thaw Watch: Akin Gump
(DBN)

Christmas Salary Cuts at K&L Gates
(DBN)

Associate Bonus Watch: Cadwalader (Plus news of some partner moves.)
(DBN)

A Fun Law Firm Holiday Card
(DBN)

Latham & Watkins: We Have Good News
(DBN)

From Ping Pong to the Bread Line: The Decade in Associate Life
(DBN)

Non-Lawyer CEO Quitting Firm Two Years After Joining
(DBN)

Court Says Contract Provision Made Lawyer 'Mere Puppet'
(DBN)

For One Lawyer, 2009 Included Desperate Hours in a Journey From Hostage to Hero
(DBN)

Lawyer Lets Slip His Inner "Junkyard Dog" In Ethics Fight That Could Have Major Impact
(DBN)

Law Prof Writes ‘Explosive’ New Book on Whitewater, Lewinsky Probes
(DBN)

Tom Cruise, Lawyer Accused of Spying
(DBN)

Lawsuit of the Day: Softballer Can’t Slide, Wants Money
(DBN)

In FedEx Fee Fight Case, Judge Finds Lawyer Solicited Cash From Clients
(DBN)

Lawyer and Socialite's Son Draw Prison Terms for Looting Astor Estate
(DBN)

A Letter to the Next Generation of Lawyers
(DBN)

Woman Says Boss Made ----- Puppets
(DBN)

Lawyer of the Day: Mark Lambert
(DBN)

Are Too Many Defendants Pressured Into Pleading Guilty?
(DBN)

Say What?!
(DBN)

______________

Judges:

Might the End be Nearing for NO Federal Judge Thomas Porteous?
(DBN)

Judge gets 30 days
(DBN)

Former N.Y. Judge Sentenced to 27 Months in Jail for Attempted Bribery
(DBN)

Polarization in Firm Hiring of SCOTUS Clerks?
(DBN)

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Wall Street:

Stocks ready to rise at open
(DBN)

Merger Monday gives U.S. stocks a boost
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Labor Data Show Surge in Hiring of Temp Workers
(DBN)

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Corporate Reform:

AIG E-Mails May Reveal Who Gained From Bailout, Spitzer Says
(DBN)

Kobi Alexander: Still on the Lam, but Now $60 Million Poorer
(DBN)

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Health Care:

TLC Vision files for bankruptcy protection, Lenders to own company
(DBN)

Prime Healthcare Services buys Parkview Hospital's loan note
(DBN)

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Ethanol:

Hawkeye puts two of four ethanol plants into bankruptcy
(DBN)

______________

Resorts:

Tamarack creditors, Swiss bank in bankruptcy fight
(DBN)

Tamarack creditors hope bankruptcy case will help them get repaid before Credit Suisse
(DBN)

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Economy:

Nine Indicators of a Second Wave in Economic Slump
(DBN)

The Cruci-'Fiction' of Ben Bernanke
(DBN)

Why The Fed Will Be Sidelined In 2010
(DBN)

Treasury Cover-Up of Goldman's Role in AIG Crisis?
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

Thornburg To Auction $11B Servicing Portfolio
(DBN)

Non-Recourse Carveouts (and We Really Mean It)
(DBN)

Some Experts Believe Commercial Real Estate Troubles are Only Beginning
(DBN)

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Autos:

Microsoft's Financial Officer Takes Same Post at GM
(DBN)

Chris Liddell's Style May Presage Ascent to GM Helm
(DBN)

Ford offers retirement, buyouts to factory workers
(DBN)

Ford Plans To Speed Up Debt Repayment
(DBN)

In Risky Move, GM to Run Plants Around Clock
(WSJ: separate paid subscription required)

Hayes Lemmerz emerges from bankruptcy
(DBN)

Lear Warrants Become Exercisable
(DBN)

GM, Spyker Cars in talks as Sweden waits with hope
(DBN)

Sweden in crisis talks over Saab's future
(DBN)

Dutch Automaker Said to Extend Offer for Saab
(DBN)

Saab hopes flicker as Spyker rescue bid drags on
(DBN)

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Chemicals:

Chemical company Tronox announces bankruptcy reorganization plan
(DBN)

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Prepacks:

Bankruptcy : The Road to Prepacks is Getting Clogged
(DBN)

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Symphonies:

Musicians remain loyal to orchestra in hard times
(DBN)

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Non-Profits:

Indianapolis council member sued over bankrupt non-profit
(DBN)

Charities slip into bankruptcy during times of economic upheaval
(DBN)

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Retailing:

Instant in-store credit card offers in danger of extinction
(DBN)

______________

Compensation:

US pay czar allows incentives for key AIG employee
(DBN)

______________

Lehman:

Lehman Unit LB Somerset Files Bankruptcy ; Assets Top $1 Billion
(DBN)

Collapsed Lehman pays out big bonuses
(DBN)

______________

Trucking:

YRC trucking makes headway on needed debt deal
(DBN)

______________

Litigation:

Securities Class Actions May Have Hit Their Peak
(DBN)

Obama Signs Into Law Restriction on Arbitration Clauses
(DBN)

______________

Radio:

NextMedia to hand shares to second-lien lenders
(DBN)

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Food/Drink:

Sonic supplier heads to bankruptcy
(DBN)

C&S Wholesale may join bidding for the assets of Syracuse's bankrupt Penn Traffic
(DBN)

Deadline extended for Penn Traffic market bids
(DBN)

_____________

Newspapers:

Newspaper company restructures debt
(DBN)

Fine Print: Fee Fight in Philadelphia Newspapers
(DBN)

Judge Doesn't Throw Out Suit Against Zell
(DBN)

Owner praises Pioneer Press, but cuts still loom
(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)

______________

Bankruptcy Statistics:

Middle-Class Mothers Most Likely To Be Bankrupt
(DBN)

______________

Fraud:

Rajaratnam, Chiesi plead innocent in Galleon case
(DBN)

US Court Orders Records Unsealed In Cap-And-Trade Fraud Case
(DBN)

______________

Banking:

Fed's approach to regulation left banks exposed to crisis
(DBN)

More bailed-out community banks failing to pay US dividends
(DBN)

______________

Celebs:

Comedian Sinbad Broke -- Owes Millions In Back Taxes
(DBN)

______________

Municipalities:

Mayor Bing goes after the unions
(DBN)

California: One of the most likely debt issuers to default
(DBN)

What happens when California defaults?
(DBN)

______________

Gambling:

Carl Icahn: Donald Trump Runs Companies So Badly, It's A Disaster When He Takes Over
(DBN)

Boyd Gaming moves for credit flexibility as it seeks growth options
(DBN)

______________

Credit Cards:

The subprime mindset at work
(DBN)

______________

Distressed Investing:

Billionaire Icahn Reports Holding 6.1% Stake in New CIT Shares
(DBN)

Hedge fund manager in line for $2.5bn payday
(DBN)

______________

Heavy Equipment:

Ramsey files bankruptcy
(DBN)

______________

Aviation:

Receiver of low-cost airline SkyEurope insists on cancellation of bankruptcy .
(DBN)

______________

Television:

ION Media Networks Completes Financial Restructuring
(DBN)

______________

UK:

Restructuring and insolvency: The scheme of things
(DBN

______________

Canada:

Quebecor Leaves Pensions Untouched
(DBN)

______________

Russia:

S&P upgrades Russia ratings outlook to stable
(DBN)

______________

France:

Thomson's Bankruptcy Plan Approved by Creditor Groups
(DBN)

______________

Hong Kong:

Hong Kong's bankruptcy petitions decline 18% y/y in November.
(DBN)

______________

Middle East:

Dubai World disappoints banks over debt repayment
(DBN)

Gulf needs better bankruptcy rules to serve sukuk
(DBN)

______________

Greece:

Greece's Credit Rating Cut to A2 by Moody's on Debt
(DBN)

______________

Germany:

German consumer confidence slips again
(DBN)

______________

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