November 12, 2009

The Daily Bankruptcy News

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Law:

Sidley Austin Associate’s Town Hall Delivers Encouraging Bonus News
(DBN)

The Sidley Brief in the McKinney Matter: Was It Appropriate?
(DBN)

After Big Auto Bankruptcy Battles, A Partner Returns to Willkie
(DBN)

Profit Drops 30 Percent at U.K.'s 100 Largest Law Firms, PwC Survey Finds
(DBN)

The Heller Ehrman Art Auction
(DBN)

1810 Overture for Venerable Insurer The Hartford's Top Lawyer
(DBN)

Survey: Hiring law firms think of bottom line
(DBN)

Law Librarian Learns the Cost of Tellin' Off the Boss
(DBN)

Morgan Lewis flies in heavy-hitter to boost London
(DBN)

LeClairRyan’s West Coast Growth Is Slowed By Little-Known Name
(DBN)

Freshfields to pay bonus as normal as 'milestones' system is delayed
(DBN)

Despite Downturn, Top UK Lawyers Make Mega-Money
(DBN)

The key to a new job: Karma
(DBN)

Law Grad, 59, Looks Forward to Decades of Practice
(DBN)

Mamas Don't Let Your Babies Grow Up To Be...Lawyers
(DBN)

Racial Discrimination and Sexual Harassment — With a Cucumber? — Alleged at Williams Mullen
(DBN)

Notes from the Breadline: What a Long, Strange Trip It’s Been
(DBN)

Fla. attorney faces new financial scandal
(DBN)

2nd Circuit Adopts Standard for Regulatory Sanction of Unethical Conduct
(DBN)

9th Circuit: Judges Can Appoint Lead Plaintiffs, but Not Lead Counsel, in Securities Class Actions
(DBN)

Law Firm Rankings By Clients , But We Can’t See Them
(DBN)

Top Lawyer 'Ceases' to Ride the Friendly Skies
(DBN)

GCs want more ground on billing
(DBN)

ABA Proposes Law Student Loan Relief
(DBN)

My Job Is Murder: Of Solstice and Summer Associates
(DBN)

San Francisco Judges And Lawyers: Once a Colorful, Roguish Lot ...
(DBN)

Juror's Amorous Interest in 'Cutie' Prosecutor Fails to Bring Mistrial
(DBN)

10 Tips for Beginning a Successful Legal Career
(DBN)

Playboy Sues Lawyer Who Posed for Mag, Claims She Can’t Be ‘Lawyer of Love’
(DBN)

Seyfarth Reps Playboy in Spat with Racy Lawyer
(DBN)

Raids of Faculty Coffee Spur Harvard Law to End Cutbacks of Free Brew
(DBN)

Did Northwestern Students Pay Witnesses for False Testimony?
(DBN)

Say What?!
(DBN)

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Judges:

Sotomayor Opts for Red Nails and ‘a Friend with No Strings Attached’
(DBN)

After Two Unfortunate Misquotes, Justice Kennedy’s Office Takes Action
(DBN)

DA: Judge’s ‘Deep-Seated Bias’ Requires Recusal in 74 Domestic Violence Cases
(DBN)

Justice O’Connor’s Husband Dies at 79
(DBN)

Judicial Immunity Faces New Lawsuits
(WSJ: separate paid subscription required)

Like To Gamble? Know the Supreme Court? It’s Your Lucky Day
(DBN)

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Wall Street:

US Index Futures Drop
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

American Wages Are Out of Balance- Overpaid, relative to equally productive employees elsewhere doing the same work
(DBN)

Applied Materials May Cut 15% of Jobs
(DBN)

Federal WARN law enforcement falls on laid-off workers, employment lawyers
(DBN)

Fed: Recovery Won't Bring Many Jobs Back
(DBN)

The Jobless Rate for People Like You
(DBN)

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Corporate Reform:

Bear Stearns Juror Says U.S. Case So Weak She Would Invest With Defendants
(DBN)

Bear Stearns Loss Echoes Long Line of US Prosecution Defeats
(DBN)

Bear Trial Postscript: The Value of Getting the Right Expert
(DBN)

Email Fails as the Holy Grail: Making More Sense of the Bear Trial
(DBN)

Bear Stearns Trial: How the Scapegoats Escaped
(DBN)

White-Collar Defendants: Sit Down and Shut Up
(DBN)

The Proposed Agency For Financial Stability
(DBN)

Fed Faces Biggest Blow to Authority, Independence in Dodd Banking Measure
(DBN)

Wall Street Faces `Live Ammo' as Congress Tries to Dismantle Biggest Banks
(DBN)

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IP:

Motorcycle maker American IronHorse puts intellectual property up for sale
(DBN)

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Health Care:

Altus files for Ch. 7 bankruptcy
(DBN)

Billing Issue Spurs Health Company Bankruptcy
(DBN)

Senate Hearing on Medical Bankruptcies
(DBN)

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Compensation:

How Citi will retain top employees
(DBN)

Severance Economy Next Shoe to Drop?
(DBN)

AIG Chief's Mission: Save Executive Pay
(DBN)

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Economy:

Global Confidence Drops as Central Banks Begin to Exit Emergency Stimulus
(DBN)

Obama Has Very Few Economic Choices
(DBN)

Geithner Sees `Early Signs' Global Economy Is Rebalancing Spending, Saving
(DBN)

US gold hits record high, near $1120 an ounce
(DBN)

What Matters More: 3.5% Growth or 10.2% Unemployment?
(DBN)

Stimulus job boost exaggerated
(DBN)

John E. Sununu goes silent after leaving bailout panel
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

Homebuilders gain as Toll orders jump
(DBN)

Foreclosures: 'Tide may be turning'
(DBN)

US foreclosures slow a 3rd month; lull temporary
(DBN)

US Foreclosure Filings Surpass 300,000 for 8th Straight Month
(DBN)

Baltimore has sued Wells Fargo for what it claims were predatory lending practices. Other cities hit hard by foreclosures are watching carefully
(DBN)

More High-End Homes Headed to Foreclosure
(DBN)

Commercial Real Estate Crisis Looming for U.S., Zisler Says
(DBN)

Some office space available. Millions of square feet, in fact. Rather a lot, really.
(DBN)

We Have Fannie and Freddie ; Is Freddie Next?
(DBN)

There are still too many houses
(DBN)

Calif. Bar Crackdown on Loan Modification Misconduct Claims 5 More Attorneys
(DBN)

Despite tax stimulus, builders brace for slower months as job losses mount
(DBN)

New Ohio Bill Forces Banks to Speed-Up Foreclosures
(DBN)

JP Morgan Chase to Hire 1,200 Loan Officers
(DBN)

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Celebs:

Taxman closes in on Crocodile Dundee
(DBN)

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Fraud:

Two views of Petters: 'scared to death' vs. 'very relaxed'
(DBN)

Picower's wife seeks Madoff deal
(DBN)

Santander's Madoff Losses Trigger Criminal Charges for Ex-Boss of Optimal
(DBN)

Dead Madoff Buddy Gives $200 Million to Wife
(DBN)

Madoff's victims: Justice may take an eternity (or 150 years, give or take)
(DBN)

Former Stanford executive blogging about integrity
(DBN)

Marvell Employee Named by Guilty Fund Manager Far as Galleon Probe Widens
(DBN)

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Retailing:

Macy's Reports Loss; 2009 Forecast Trails Estimates
(DBN)

Retailers Try to Understand (and Exploit)the 'Recession Mentality'
(DBN)

Retail Sales Stable, but Remain at Low Levels
(DBN)

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Municipalities:

Michigan crumbles under outdated tax system
(DBN)

Michigan will be among the poorest states for years, study says
(DBN)

Bankruptcy in San Diego?
(DBN)

10 States Hurtling Toward Califonia-Level Disaster
(DBN)

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Newspapers:

Philly newspaper creditors seek to delay auction
(DBN)

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Aerospace:

Bankrupt Sea Launch Gets New Financing
(DBN)

EchoStar Satellite Services Business Struggles
(DBN)

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Boating:

Dawson Marine in bankruptcy , closing
(DBN)

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Hockey:

NHL may try for new Coyotes lease
(DBN)

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Gambling:

Detroit casino revenue sees slight October dip
(DBN)

Independent Lenders Protest Ban on Station Casinos Trades
(DBN)

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Shipping:

Little Cargo, Loads of Debt
(DBN)

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Hollywood:

MGM 'to be auctioned off within weeks'?
(DBN)

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Telecoms:

Creditors withdraw motion in FairPoint bankruptcy
(DBN)

FairPoint bankruptcy exacerbates circuit war
(DBN)

Regulators OK Avaya's $900M Nortel enterprise business unit buy
(DBN)

Creditors fight "wicked" plan for bankrupt Freedom
(DBN)

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Credit Cards:

Are You Credit Worthy? Millions Are Losing Their Credit Card Privileges
(DBN)

AmEx: Spending on Cards Increased in Oct.
(DBN)

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Aviation:

Obama administration seeks to fix airline industry
(DBN)

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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)

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Prepacks:

Defaults as Prepackaged Bankruptcies Show Bondholder New Normal
(DBN)

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Student Debt:

NACBA Amicus Brief in Espinosa
(DBN)

______________

Autos:

GM set to post better-than-expected 3Q results on Monday
(DBN)

Germany says GM must finance Opel restructuring
(DBN)

Germany's Merkel cool on aid to GM for Opel
(DBN)

GM's Smith, Reilly Met Berlin Officials
(DBN)

GM's Nick Reilly will run Opel during search
(DBN)

GM reorganization lifts workers comp time cap: Judge
(DBN)

Auto parts supplier Lear issues 2009 sales outlook
(DBN)

Hecker and Chrysler Financial battling over emails former assistant copied
(DBN)

Grand Theft Auto Dealer? A New Chapter in the Rothstein Saga
(DBN)

Auto parts supplier forecasting big drop in sales
(DBN)

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Banking:

Dick Bove on Citi: It'll Take 5 Years to Offload Citi Holdings
(DBN)

Can Wells Fargo pay back TARP funds soon?
(DBN)

Goldman's Secret Role in AIG's Downfall
(DBN)

Switzerland Limits Bank Compensation, but Not Too Harshly
(DBN)

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Ratings Agencies:

How Credit Raters Fended Off Oversight From Congress And The SEC
(DBN)

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Football:

Arena Football One Announces AFL Asset Bid
(DBN)

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Accounting:

Another KPMG Shake-Up
(DBN)

CFO Article Illustrates Internal Audit Cowardice & CCM Confusion
(DBN)

Accountants Want Out from New Identity Theft Rules, Just Like Lawyers
(DBN)

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Insurance:

D&O Insurance: The Latest Hot Topics
(DBN)

AIG CEO: What about Bob?
(DBN)

AIG’s Robert Benmosche, a Taxpayer’s Hero
(DBN)

AIG 'Revolving Door' May Hinder Search If Benmosche Departs
(DBN)

Bankruptcy For Ambac?
(DBN)

United States District Court Grants Insurer's Motion To Dismiss In Case Involving Guaranties Of Reinsurance For Default Protection Insurance
(DBN)

______________

Charities:

Charity Bankruptcy Leaves Many Donors in Distress
(DBN)

In Charity Tax Filing, a Glimpse of Goldman
(DBN)

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Personal Finance:

Job Woes Exact Heavy Toll on Family Life
(DBN)

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UK:

Insolvencies - is the worst over?
(DBN)

OFT probe into corporate insolvency
(DBN)

U.K. Economy Isn't Yet `Over the Worst' of Recession, BT's Chanmugam Says T
(DBN)

Bank of England Stoking `Boom' to Claw Back Lost Output, Citigroup Says
(DBN)

MPs petition for lower insolvency fees
(DBN)

80% of FTSE 250 directors see pay freeze
(DBN)

Bank of England May Continue Economic Policy
(DBN)

U.K. Unemployment Rises at Slowest Pace in 18 Months as Recession Eases
(DBN)

______________

Canada:

Canada Economy Slow to Recover as Shoppers Cling to Old Fridges, `Beaters'
(DBN)

______________

Germany:

Merkel: Worst Still Ahead for Germany
(DBN)

______________

Bulgaria:

Bulgaria Ministers Write off Crippled Steel Giant Kremikovtzi
(DBN)

______________

Japan:

Outlook for Japan Is `Very, Very Grave' Amid Mounting Debt, Halpenny Says
(DBN)

______________

Australia:

Australia Posts Second Straight Month of Strong Job Growth
(DBN)

______________

Spain:

Spanish Economy Contracts for a Sixth Quarter, Slowing European Rebound
(DBN)

______________

China:

China's Wen Says World Faces Gradual, Bumpy Recovery From Financial Slump C
(DBN)

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