November 25, 2009

The Daily Bankruptcy News

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The Daily Bankruptcy News will not publish on Thursday and Friday November, 26 and 27, 2009

Law:

CIT Makes Sure Rodge Cohen Will Get Paid $965 Per Hour
(DBN)

Incoming First-Years at Haynes and Boone to Get $145,000 Starting Salary
(DBN)

BigLaw Firm Cuts Promotions to Partner by Half, Ups None in NY
(DBN)

Court Fines Insurer & Lawyer for Appealing Duty to Defend
(DBN)

Did Rothstein recently get a very large life insurance policy on himself? In cash?
(DBN)

4 Rothstein-firm lawyers probed by Florida Bar
(DBN)

Trial Lawyer Speeding Up to 79 mph in 40 mph Zone Before Deadly Crash
(DBN)

Lawsuit of the Day: It’s The Kind of Thing We’d Expect from Jonathan Swift
(DBN)

Inappropriate Venue: Sweet Revenge
(DBN)

Corporation Under Criminal Probe May Ethically Retain Counsel for Employees
(DBN)

Selling Lawsuits, Buying Trouble
(DBN)

Part-Time Job Offer Will Have People Polishing Résumés
(DBN)

New Approaches to Getting a Law Firm Job
(DBN)

Missing Law Students at Michigan and FIU
(DBN)

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Judges:

Ga. Justice Wanted to Wear Tie to Hospital During Heart Attack
(DBN)

Retiring Federal Circuit Chief Judge Ready to Be ‘Unmuzzled’
(DBN)

Judge of the Day: Call of Duty Calls Judge to Miss Duty
(DBN)

Still Famous Long After Landmark Trial, Judge Ito Can’t Keep a Nameplate
(DBN)

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Wall Street:

US stock index futures signal gains
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Fed Officials Cut Forecasts for Unemployment Rate
(DBN)

General Motors to cut up to 9,500 jobs in Europe
(DBN)

34.5% Unemployment: Black Males 12-24
(DBN)

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Banking:

FDIC reports 552 “problem” banks
(DBN)

Nearly one in five Wisconsin banks unprofitable
(DBN)

Taking TARP Takes a Toll
(DBN)

Banks earn $2.8B in 3Q; FDIC says dangers persist
(DBN)

FDIC report: Bank profits up, business lending down
(DBN)

FDIC's Bair cautions on big bank break-up power
(DBN)

FDIC fund tumbles into red
(DBN)

Number of Troubled Banks Soars; Worst Since S&L Crisis
(DBN)

Bair Says Secured Creditors Should Pay in Big Bank Failures
(DBN)

FDIC: Hawaii bank profits drop 56%
(DBN)

In Crazy New Landscape For Banks, Taxpayers Are The Big Losers
(DBN)

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Telecoms:

Bankrupt FairPoint hires ad firms
(DBN)

FairPoint takes another hit
(DBN)

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Religion:

Status hearing set in priest abuse case
(DBN)

Settlement reached in Diocese sexual abuse case
(DBN)

Delaware: Oblates won't pay in priest abuse lawsuit
(DBN)

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RVs:

Lawyers Say Country Coach is Out of Money
(DBN)

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Consultants:

Ernst & Young expands US Restructuring and Working Capital Services
(DBN)

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Chemicals:

RIL hires Ciba-Sandoz advisor Perella for LyondellBasell buy
(DBN)

Reliance-LyondellBassel: A Meeting of the Magnates
(DBN)

Ambani’s Lyondell Bid Mimics Valero, Tosco Expansion
(DBN)

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Credit Cards:

U.S. Looks to Australia on Credit Card Fees
(DBN)

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Magazines:

Reader's Digest Wins Court Approval of Turnaround Plan Outline
(DBN)

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Economy:

GDP Shrinks Less Than First Thought In Q3
(DBN)

Fed sees slow recovery holding jobless rate high
(DBN)

Growth Estimate Cut as Consumers Curb Spending
(DBN)

Fed Officials Watch Asset Prices for Signs of ‘Excessive Risk’
(DBN)

Consumers more optimistic
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

Home prices up slightly in September
(DBN)

Home Prices May Be Nearing a New Dip
(DBN)

Taylor Bean and Colonial Bank failures could cost Freddie Mac $1B
(DBN)

Freddie Mac On the Hook for $500M
(DBN)

Almost One in Four US Homeowners Are 'Underwater'
(DBN)

U.S. MBA Mortgage Applications Index Declined 4.5% Last Week
(DBN)

Florida: More Foreclosures Threaten Rebound
(DBN)

Berkshire Venture Wins Auction for Capmark Loan Unit
(DBN)

Bankruptcies Hit Retirement Communities
(DBN)

HUD Rejects City's Stance on Controversial Loans
(DBN)

Chadwick Prater Homes files Chapter 11
(DBN)

Kushner Cos. To Fund Tarragon Reorganization
(DBN)

Marshfield Home brand will survive despite bankruptcy
(DBN)

Cascadia tells judge its plan
(DBN)

Seven Fields development case ends
(DBN)

Calpers Weighs Booting BlackRock
(DBN)

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Health Care:

From the Hospital to Bankruptcy Court
(DBN)

Wealthy Taxpayers Could Face High Tab From Senate Health Bill
(DBN)

HMHP Out of Running for Forum Assets
(DBN)

Forum Health gets extension to weigh sale
(DBN)

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Autos:

GM returns $140 million to US
(DBN)

Chrysler could lose more than 100 US dealerships
(DBN)

How the Saturn deal fell apart; default a shock
(DBN)

Saab deal falls apart as the brand nears extinction
(DBN)

Swedish govt says GM still hopes for Saab sale
(DBN)

Beijing Auto to Reconsider Saab After Partner Exits
(DBN)

GM grapples with Saab, Opel futures
(DBN)

GM says main plant in Germany crucial to its plans
(DBN)

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Finance:

Lending dropped sharply in third quarter
(DBN)

No lending, no recovery
(DBN)

Consumer Credit and Loans: A Chilly Forecast
(DBN)

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Gambling:

Bankruptcy Files: The Casino Edition
(DBN)

Majestic Star faces rough seas on bankruptcy
(DBN)

Local casinos eye impact of Majestic bankruptcy
(DBN)

CT Casinos: Lean Days For Golden Geese?
(DBN)

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Lehman:

Creditors Committee Ups Ante in Lehman-Barclays Dispute
(DBN)

Lehman Seeks To Collect Unpaid Employee Loans
(DBN)

Lehman Creditors Want Barclays Data From U.K.’s FSA and PwC
(DBN)

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Municipalities:

Paterson Asks Lawmakers for Emergency Power to Cut Deficit
(DBN)

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Mass Torts:

Juries Award $103M in Punitives in Two Prempro Cases
(DBN)

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Environmental:

Asarco bankruptcy deal will aid Denver cleanup
(DBN)

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Mining:

Exec says new Asarco to be profitable, competitive
(DBN)

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New Bankruptcy Opinions
(2 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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Valuation:

Investors ask courts for bigger piece of pie
(DBN)

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Bankruptcy Statistics:

Consumer Bankruptcies March Upward, With More to Come
(DBN)

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Avoidance Actions:

The TOUSA Decision: Death of the Savings Clause?
(DBN)

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Publishing:

Top 2 booksellers report losses, their shares fall
(DBN)

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Oil/Gas:

SemGroup Energy CEO is leaving
(DBN)

Newfoundland Refining Wins Judge's Approval to Exit Bankruptcy
(DBN)

Biodiesel Worries About Expiring Tax Breaks
(DBN)

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Food/Drink:

Bi-Lo bankruptcy plan targets $350M from fund
(DBN)

Quality Markets May Close, Thousands Could Lose Jobs
(DBN)

Tavern Creditors Say the City Is Hurting Their Interests
(DBN)

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Insurance:

Ambac Chief Financial Officer Sean Leonard resigns
(DBN)

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Newspapers:

Washington Post to close remaining US bureaus
(DBN)

Big Tribune creditors seek control of bankruptcy case
(DBN)

Toronto Star to Cut 78 Editing Jobs, Save C$4 Million
(DBN)

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Resorts:

Moonlight on Track for Ski Season Despite Bankruptcy
(DBN)

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Retailing:

Developer General Growth moving subsidiaries out of bankruptcy protection
(DBN)

Tiffany profit higher than expected; outlook raised
(DBN)

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Celebs:

Gone in 60 seconds… all that celebrity wealth
(DBN)

Michael Jackson's Doctor Returns to His Houston Clinic
(DBN)

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Fraud:

Galleon Founder Accused of Insider Trading Blasts Wiretap Use
(DBN)

Merkin's Funds Urge Judge to Dismiss Madoff Suit
(DBN)

UBS, Ernst & Young Face Test Cases Over Madoff Funds
(DBN)

Rajaratnam Mixes In a Little "O" with His "D"
(DBN)

Ex-Stanford Exec Sues Lloyd's for Defense
(DBN)

Did Petters Do Well Enough at Trial to Save Himself?
(DBN)

Satyam Fraud Larger Than Raju Claimed, India Says
(DBN)

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Agriculture:

Eastern NC reeling from hog farm bankruptcies
(DBN)

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UK:

RBS, HBOS Got 62 Billion-Pound Central Bank Loan
(DBN)

Bankruptcy "too easy" claim insolvency professionals
(DBN)

U.K. Banks Win Supreme Court Ruling on Overdraft Fees
(DBN)

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EU:

EU says conditions possible for WestLB aid
(DBN)

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Japan:

Japan Property Shares Fall After Anabuki Bankruptcy
(DBN)

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India:

Moody's Cautions India on Problem Loans
(DBN)

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