November 16, 2009

The Daily Bankruptcy News

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Law:

Reed Smith to Ask Nonequity Partners to Pay Chunk of Salary to Firm
(DBN)

The NLJ 250: Laissez les têtes étrangères rouler
(DBN)

Trauma Surgeon of Wall Street
(DBN)

Harris Winsberg Joins King & Spalding's Bankruptcy Practice
(DBN)

Rothstein Probe Focuses on Structured Settlements
(DBN)

Cars, Shoes and Eagles: More On Rothstein's High-Rolling Ways
(DBN)

Lawyer Crashes After Life in Fast Lane
(WSJ: separate paid subscription required)

Scandal tied to Scruggs nearing end
(DBN)

Last Week in Layoffs
(DBN)

The Association of Corporate Counsel Rankings
(DBN)

Pair of Plaintiffs Lawyers May Face Different Fates in 9th Circuit Disciplinary Action
(DBN)

Is Law School a Good Investment? No, Law Profs Say, for Many ‘Typical’ Students
(DBN)

Ex-Congressman Who Stashed $90,000 in Freezer Gets 13 Years for Bribery
(DBN)

Lawyer Called ‘Financial Serial Killer’ By Partner is Now Option 3 on FBI Hotline
(DBN)

O’Melveny Lawyer Sounds Wistful After Settlement Scuttles Big Case Against Intel
(DBN)

Perkins Coie Lawyer Bob Bauer Tapped as New White House Counsel
(DBN)

My Job Is Murder: Of Lunch and Lawsuits
(DBN)

The “Biglaw School” Model
(DBN)

UT Law Has the Most Depressing Job Posting Ever
(DBN)

Should Lawyers Be Banned From Having Sex With Their Clients?
(DBN)

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Judges:

Sotomayor Emerges as Frequent -- and Tough -- Questioner
(DBN)

Alito Praises Fidelity to the Law, Defends Sotomayor
(DBN)

‘Dueling Family Forces’ Shaped Scalia’s Ease with Confrontation, Author Says
(DBN)

Federal Judge Recuses from Suit Over Faux Firm Gripe Site
(DBN)

9th Circuit Calls for Accounting of Judge’s Handling of $33.8M Trust
(DBN)

Former Fla. Judge Linked to Stripper Gets Probation
(DBN)

Ga. Supremes Intervene After Judge Jails Asst. DA, Reports ‘Ruckus’ With Her Boss
(DBN)

Judge of the Day: Minnesota Judge Brings The Funny
(DBN)

Special Prosecutor to Handle Charges That Judge Bullied Lawyers and Clerks, Kept Porn on Laptop
(DBN)

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Wall Street:

Futures higher ahead of retail sales data
(DBN)

Wall Street Rebounds as Dow Goes 4 for 5 on the Week
(DBN)

Wall Street risk-takers could be doomed to repeat history
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Job Losses Mount, Enduring And Deep
(DBN)

Surviving an Early-Career Layoff
(DBN)

Unemployment: A Political Indicator Right Through 2012
(DBN)

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Prepacks:

KCC's Carson on prepackaged bankruptcies
(DBN)

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Aviation:

Worried About Losing Tax Revenue, Congress to Investigate Airlines’ Fees
(DBN)

Struggling Japan Airlines Reports a $357 Million Loss
(DBN)

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Hotels:

Fontainebleau hotel's glitzy rebirth tarnished by debts
(DBN)

Worst May Be Over for Hotels
(DBN)

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Municipalities:

MI is in denial of the 'new normal'
(DBN)

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Hedge Funds:

Hedgies Unhinged
(DBN)

______________

Furniture:

Simmons Files for Court Approval of Pre-Packaged Restructuring Plan
(DBN)

U.S. mattress maker Simmons files for Chapter 11
(DBN)

______________

Telecoms:

Hawaii Phone Woes
(DBN)

$400,000 bonus advised for SemGroup executive
(DBN)

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Economy:

Sales, Production, Housing Probably Rose
(DBN)

China: Low US interest rates threaten recovery
(DBN)

Obama to Asia: Don't Rely on US Consumers
(DBN)

Taxpayers on hook as bailed-out firms fail
(DBN)

Citigroup Survey of Texans Shows Consumers Still Tightening Belts
(DBN)

What's Blocking the Recovery
(DBN)

As Dollar Falls, America Is Up for Grabs
(DBN)

Where are the jobs from federal stimulus money?
(DBN)

Roubini: The Worst Is Yet To Come!
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

Foreclosures increase 19% nationwide
(DBN)

How the 'move up' tax credit for homebuyers works
(DBN)

Commercial Real Estate Outlook Darkens
(DBN)

The Federal Housing Authority Is In Trouble
(DBN)

Home Builders (You Heard That Right) Get a Gift
(DBN)

First-time buyers account for almost half of all home sales
(DBN)

Tenants Take Upper Hand in Office Leasing as Rents, Occupancies Slip
(DBN)

Lowe's Profit Meets Estimates as US Housing Market Improves
(DBN)

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Fraud:

Two Are Charged With Helping Madoff Falsify Records
(DBN)

Mostly Mundane Madoff Auction Reveals ‘Shameless Excess’ Only in His Closet
(DBN)

Bernie Madoff Auction Puts A Price On Irony
(DBN)

For Madoff Auction, Even Jewels Lack Luster
(DBN)

Madoff's 'Prisoner' Watch, Mets Jacket Boost $900,000 NY Sale
(DBN)

Madoff, Juju And The Marshals — The World's Weirdest Auction
(DBN)

Madoff linked to corrupt Irish bank
(DBN)

Marvell Investigates Employee Named by Galleon Probe Defendant
(DBN)

Rajaratnam Asks California Court to Unseal Tipper Khan’s Case
(DBN)

Stanford Receiver Can’t Sue Investors to Get Principal Payment
(DBN)

Cash crunch shuts Versace hot spot
(DBN)

High-ranking police officers guarded over Rothstein
(DBN)

______________

Municipalities:

JPMorgan Faces New Suit In Alabama County’s Woes
(DBN)

Shrinking Florida faces tough choices as residents flee, jobs vanish
(DBN)

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Hollywood:

Burdened by Billions in Debt, MGM Puts Itself Up for Sale
(DBN)

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Banking:

Regulators shut 2 Fla. banks; 122 failures in '09
(DBN)

U.S. regulators squeeze banks on future tax assets
(DBN)

Overdraft fees: Finally, fair warning
(DBN)

Warren Buffett Takes Bankers to the Woodshed
(DBN)

As shoddy lending deals unravel, New Frontier Bank is a common thread
(DBN)

Small Business Banks Floundering
(DBN)

How Badly Did Banks Want To Be Saved?
(DBN)

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Retailing:

Wal-Mart at Risk in a Recovery, Poll Says
(DBN)

Wal-Mart offers vendors a way to faster payment
(DBN)

Retailers tighten belts to bring numbers up
(DBN)

J.C. Penney's 3Q profit drops 78%
(DBN)

______________

Swimming:

Valley Club to file for bankruptcy
(DBN)

______________

Celebs:

Johnny Depp Bailing Out Nicolas Cage?
(DBN)

Zsa Zsa Gabor has $118,321 tax bill
(DBN)

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Oil/Gas:

Sem spinoff renamed Blueknight
(DBN)

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Construction:

Champion Enterprises Files for Chapter 11 to Restructure Debt
(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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Bankruptcy Statistics:

Bankruptcy Rise Slows
(WSJ: separate paid subscription required)

______________

Autos:

GM to start repaying debt to US
(DBN)

Does Anyone Really Expect GM And Chrysler To Repay Billions In Loans?
(DBN)

GM Posts $1.15 Billion Loss After Leaving Bankruptcy
(DBN)

McCain says Chrysler unlikely to survive
(DBN)

GM Turnaround Strategy Gets Lift in China
(WSJ: separate paid subscription required)

GM: 37 pct of US Saab dealerships to close
(DBN)

Berlin divided over state aid to carmaker Opel
(DBN)

Ssangyong Motor posts eighth straight loss in Q3
(DBN)

______________

Fraud:

Computer Programmers Accused of Aiding Madoff Cover-Up
(DBN)

Ex-Tyco Director to Pay $5.6 Million in Suit Tying N.J. Pension Losses to Fraud
(DBN)

Insider Trading: It's All the Rage
(DBN)

______________

Agriculture:

Hard times on the hog farm
(DBN)

______________

Compensation:

Fearing pay cuts as the new normal
(DBN)

______________

Credit Cards:

Changes made to credit cards add up
(DBN)

Credit or debit? Leaving the credit card at home could have some hidden costs
(DBN)

______________

Mining:

Grupo Mexico wins back copper mining unit Asarco
(DBN)

Grupo Mexico Chairman Gets Long-Awaited Prize
(WSJ: separate paid subscription required)

______________

Gambling:

Station Casinos Reject Boyd's Position in Bankruptcy Filing
(DBN)

The little bookie that can't
(DBN)

Hooters Hotel and Casino May File Chap. 11
(DBN)

______________

Newspapers:

Tribune Co. Out Of Bankruptcy In Six Months?
(DBN)

______________

Hollywood:

What's next for MGM ?
(DBN)

Lenders let MGM chief guide auction
(DBN)

______________

Corporate Reform:

Financial crisis investigators are taking Wall Street names
(DBN)

Banker ‘Oligarchs’ Block Break-Up Moves, Kay Says
(DBN)

Master Banker, Master Schmoozer
(DBN)

______________

Health Care:

House Bill Would Reduce Senior Care
(DBN)

_____________

UK:

Bankruptcy process to be sped up
(DBN)

______________

EU:

Recession Over in Euro Zone, Report Says
(DBN)

______________

Germany:

Germany not back at pre-crisis level for two years: minister
(DBN)

______________

Australia:

Investors back $1.8bn Babcock & Brown recapitalization
(DBN)

______________

Russia:

Medvedev Demands Plan to Revamp State Corporations
(DBN)

______________

Japan:

Japan’s GDP Growth Accelerated to 4.8% Last Quarter
(DBN)

______________

Ireland:

Irish hotels facing bankruptcy
(DBN)

______________

 

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