December 4, 2009

The Daily Bankruptcy News

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Law:

Pfizer GC Pushes for Flat Fees and Gets Them
(DBN)

Ex-Broadcom GC Avoids Criminal Charges Amid Claims of Prosecutor Misconduct
(DBN)
s

2010's Battle Royale: Clients v. Firms
(DBN)

GCs Demanding That Firms Staff Part-Time Attorneys on Their Cases
(DBN)

As outsourcing gains acceptance at many law firms, what do clients think about having work sent to third-party providers?
(DBN)

Senior in-house lawyers call for more performance-based billing
(DBN)

DLA Piper Calls in PwC for Overhaul of Partnership Model
(DBN)

Orrick Reveals New Associate Pay Structure
(DBN)

Orrick’s New Compensation Structure
(DBN)

Orrick Associate on New Pay Scale: Coulda Been Worse ...
(DBN)

Firms slammed by associates in Firm of the Year survey
(DBN)

Surviving the Layoff: One Woman's Yearlong Odyssey
(DBN)

Firm liable for monster wrongful dismissal claim
(DBN)

Malpractice Suit Against Simpson Thacher Reinstated on Appeal
(DBN)

Top 20 Rothstein creditors revealed
(DBN)

Rothstein cedes homes, cars, businesses to government
(DBN)

Rothstein's lawyer says "no conflict" in representing former boss
(DBN)

LLP filings show nearly 400 partners left UK top 20 firms in 2009
(DBN)

Judge Chastises Lawyers Over Cohen Milstein's Breakup
(DBN)

General Counsel Exposes Alleged Canopy Cover-Up
(DBN)

Dewey Jumps Into White House Security Case
(DBN)

Islamic Finance Practices Face Their First Test With Dubai World Debt
(DBN)

The NBC Universal Deal Is a Lawyers Paradise
(DBN)

Cleary--and Not Wachtell--on BofA's Bailout Payback
(DBN)

No More Baby Steps
(DBN)

What a Tangled Web BigLaw Weaves
(DBN)

Bar Exam Pass Rates Dip at 9 New York Law Schools: Economy to Blame?
(DBN)

Risk Avoidance May Explain Why Big Firm Blogs Are Boring, Blogger Says
(DBN)

Fired Prosecutor Sues, Claims Ex-US Atty. Humiliated Him Over Sleepiness
(DBN)

Study Confirms U.S. News Law School Rankings Are Important
(DBN)

Ruden McClosky Loses 2 Gulf Coast Offices to New Orleans Firm
(DBN)

McElroy Deutsch in Merger Talks With Conn. Firm, Say Sources
(DBN)

Cash Still the Best Feedback When Pressing Law Firms for Value, Says GC
(DBN)

Pls Hndle Thx: Pass/Fail or EPIC FAIL?
(DBN)

Few Minorities Hold Positions as Court Law Clerks, Staff Attorneys in Texas
(DBN)

Casey McGinnis, RIP Missing Michigan 1L Took His Own Life
(DBN)

Paul Hastings Lawyers Jailed in Hong Kong for American-Style Practices
(DBN)

Counting the 2009 Hours
(DBN)

Lawyer Could Be a Nigerian King
(DBN)

Lawyers compete for bonkers email award
(DBN)

Paralegal outrage over bread theft
(DBN)

Privilege in Private E-Mail at Work
(DBN)

Solo's Million-Dollar Question: Is It Possible to Interfere in a Settled Case?
(DBN)

‘Fear of Falling’: How the U.S. News Rankings Have Changed Law School
(DBN)

This guy's not a lawyer--he's a dentist *pretending* to be a lawyer.
(DBN)

______________

Judges:

Pa. Attorney Identified in Judicial Corruption Case
(DBN)

______________

Wall Street:

Futures Flat; Treasurys Up
(DBN)

Vanity Fair weighs in on Goldman Sachs
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Obama Tackles Jobless Woes, but Warns of Limited Funds
(DBN)

Jobless Recoveries: The New Normal, It Seems
(WSJ: separate paid subscription required)

Job Creation Near but Likely to Be Painfully Slow
(DBN)

New jobless claims fall unexpectedly to 457K
(DBN)

Repaid Bailout Money May Go to Jobless Benefits
(DBN)

White House Targets Unemployment Puzzle
(DBN)

Corus to Shut Teesside Plant, Cut 1,700 Jobs
(DBN)

One Town with 30% Unemployment
(DBN)

______________

Pensions:

Markstone head pleads guilty in NY pension probe
(DBN)

______________

Gambling:

OTB files for bankruptcy , needs time to get house in order
(DBN)

Desperate OTB goes for broke
(DBN)

Bankruptcy action planned by NYC betting parlors
(DBN)

More problems for gambling cruiseship
(DBN)

Fontainebleau lenders sue construction companies over liens
(DBN)

Trump Casinos Back Bondholder Plan to Buy Company
(DBN)

______________

Debt Collection:

NARCA Files Amicus Brief to Uphold FDCPA "bona fide error" Defense
(DBN)

______________

 

 

 

Economy:

Services Shrink on Concern Job Cuts to Hurt Sales
(DBN)

Elizabeth Warren: America Without a Middle Class
(DBN)

Bernanke: overseas bubbles not fault of low us rates
(DBN)

Senators Threaten Bernanke Confirmation With Fed Audit
(DBN)

'In Short, You Are the Definition of a Moral Hazard'
(DBN)

Bernanke May Get Second Term at Fed Shorn of Bank Supervision
(DBN)

Bernanke Tells Senators Fed ‘Should Have Done More’
(DBN)

Bernanke Sees No 'Extreme Misvaluations' in US
(DBN)

Fed chairman fends off critics in bid for 2nd term
(DBN)

Pelosi Endorses Using TARP Bailout Funds for Second Economic Stimulus
(DBN)

Bailout Balance Sheet: Taxpayers' Revenues Grow, but So Do Losses
(DBN)

JP Morgan: Global Recovery Stalled in Nov.
(DBN)

Fed's Rosengren-Policy will shift as conditions merit
(DBN)

Pelosi: Wall Street tax 'has a great deal of merit'
(DBN)

KPMG Global Business Outlook Validates Current Optimism and Confidence
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Are Fannie and Freddie America's Dubai Worlds?
(DBN)

Fannie Raises Minimum Credit Score to 620
(DBN)

Why Many Home Loan Modifications Fail
(DBN)

Commercial real estate firm locked out of its offices
(DBN)

CRE-Related Losses Could Top $19 Billion for Life Insurers
(DBN)

Record-low mortgage rates beckon home buyers
(DBN)

Wealthy Investors: Renewed Hunger for Real Estate
(DBN)

Judge approves bankruptcy plan for Patterson Park CDC
(DBN)

Sacramento railyard developer puts Georgia project in Chapter 11
(DBN)

Testimony heard on Meredith mortgage company's missing funds
(DBN)

_____________

Religion:

Abuse Victims' Lawyer Isn't Just Targeting Assets of Oregon Jesuits
(DBN)

Abuse claims against Oregon Province Jesuits top 500
(DBN)

______________

Banking:

AmTrust sale appears inevitable, according to attorneys
(DBN)

TARP Payback: Which Bank Is Next?
(DBN)

Citigroup Stands Alone
(DBN)

BofA's TARP plan makes CEO search easier
(DBN)

Why Wells Fargo hasn't paid U.S. back
(DBN)

Wells Fargo: Many Fired Workers Simply Out
(DBN)

______________

Retailing:

General Growth Aim to Keep Top Malls May Thwart Simon
(DBN)

Unhappy Holidays
(DBN)

US Retailers Report Drop in November Sales
(DBN)

Seasonal stores filling shopping centers' vacant spaces
(DBN)

______________

Accounting:

Feds: KPMG Sent Canopy Financial's Blackburn Sample Auditor Docs
(DBN)

PwC Doesn't Want Anyone That Isn't Special
(DBN)

Are You Ready to Build Some Bears KPMG?
(DBN)

KPMG's Letterheadgate May Require the Firm to Revisit Stationery Controls or Get Rid of the Blue Squares
(DBN)

The Management of Accounting Numbers: Case Study Evidence from the 'Crash' of an Airline
(DBN)

Going Concern Assessments Increase in Today's Economy
(DBN)

______________

Corporate Reform:

Fed Official: Other Agencies Played Part in Lax Supervision
(DBN)

The Goldman Veto
(DBN)

______________

Golf:

Palm Desert Country Club to reopen
(DBN)

______________

Fraud:

Our Ponzi Nation: Is Florida the Capital?
(DBN)

Prosecutors investigated Rajaratnam a decade ago
(DBN)

Feds Allege $60 Million Fraud at Canopy
(DBN)

Petters' Victims May Have Long Road Ahead
(DBN)

Alleged Ponzi Schemer Wooed Politicians With Big Donations
(DBN)

______________

Compensation:

How much should Goldman pay Lloyd Blankfein?
(DBN)

______________

Municipalities:

California: Keynes in Reverse
(DBN)

Arizona May Takes Years to Recover
(DBN)

______________

 

New Bankruptcy Opinions
(3 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:

Tampa Bay region sets new record for Bankruptcy
(DBN)

Chicago-area business bankruptcies rise 36%
(DBN)

______________

Mass Torts:

No Trust: Asbestos Payout System Comes Under Fire
(DBN)

______________

Finance:

Corporate Debt Exploding? It's Hopeless
(DBN)

______________

Prepacks:

The popular prepack
(DBN)

______________

Derivatives:

China blames foreign banks for derivatives losses
(DBN)

______________

Newspapers:

Creditors for Register owners may look for buyer
(DBN)

Large Staff Cuts Announced at the Washington Times
(DBN)

______________

Autos:

Granholm, Bing say GM CEO departure was a surprise
(DBN)

Weil Gotshal's Miller on GM
(DBN)

Whitacre Said to Reassign Lutz in GM Restructuring
(DBN)

Whitacre accent is on reality check
(DBN)

Fritz Henderson's Daughter in X-Rated Rant
(DBN)

Why General Motors Ditched Fritz
(DBN)

GM would reinstate some dealers if Congress drops challenge
(DBN)

G.M. and Chrysler to Review Dealer Closings
(DBN)

New Chrysler Ad Sells 300 and Conscience
(DBN)

Hecker Faces Juggling Act In Bankruptcy
(DBN)

G.M. Is Said to Agree to Sell Stakes
(DBN)

Deal With China Partner Will Lift G.M.’s Finances
(DBN)

GM, Chinese Partner Join Forces in India
(DBN)

Sweden's Olofsson Warns Against Government Aid 'Race' for Opel
(DBN)

______________

Food/Drink:

Gordon Ramsay sells off flagship New York restaurant
(DBN)

Penn Traffic workers meet with Union regarding future
(DBN)

With potential buyers still unknown, Penn Traffic's future remains murky
(DBN)

Trustee for former brewery files appeal
(DBN)

______________

Student Debt:

A graduate says he paid too much for tuition, and the Supreme Court listens
(DBN)

______________

Telecoms:

FairPoint asks court to put rebates on hold
(DBN)

Regulators say FairPoint bankruptcy can't prevent rate drop
(DBN)

______________

UK:

Opinion splits over pre-pack transparency reform
(DBN)

Executives Under U.K. FSA Spotlight as Fines Increase
(DBN)

Guy Brudenell declared bankrupt with debts of £21 million
(DBN)

Firms borrowing to pay tax bill increases
(DBN)

Offshore centres to face increasing tax scrutiny
(DBN)

______________

EU:

What would happen if a member of the euro area could no longer finance its debt?
(DBN)

______________

Canada:

Going once, twice . . . gone
(DBN)

______________

Middle East:

Dubai: A High Rise, Then a Steep Fall
(DBN)

Debt Crisis Tests Dubai’s Ruler
(DBN)

Dubai guilty of encouraging sovereign confusion
(DBN)

Innovative Deal Goes Bad for Abu Dhabi
(DBN)

Opening of world's tallest tower marks end of Dubai era
(DBN)

Lending Likely To Cool After Dubai Debt Woes
(DBN)

Dubai is not the only place in the Gulf to make money or to lose it
(DBN)

______________

Russia:

Putin links jailed tycoon Khodorkovsky to murders
(DBN)

Rusal Agrees to Debt Restructuring
(DBN)

Saving the oligarchs
(DBN)

______________

Venezuela:

Chávez Spurs Bank Fears
(DBN)

______________

Ireland:

‘Vultures’ in Ireland Grab Champagne, Mercs in Recession Sales
(DBN)

______________

 

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