November 3, 2009

The Daily Bankruptcy News

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Law:

Tousa Ruling Emboldens Junior Creditors in Tribune and Lyondell Bankruptcies
(DBN)

Sidley Austin Summer Associate Suspected of Setting Fire to 9-11 Chapel
(DBN)

Lawyers in Discovery Scandal Say Qualcomm Lied
(DBN)

Sullivan & Cromwell’s Life-or-Death Mistake? Leading law firm blows deadline in death penalty case
(DBN)

Winston Hires 8 Nixon Peabody Lawyers, Including Chair of Equity Practice
(DBN)

McDermott's China Alliance Forges On, but Rivals Question Long-Term Viability
(DBN)

Your CIT Notebook: Who Does S&C Represent Again?
(DBN)

Judge Jails Attorney for Grandstanding In Asbestos Case
(DBN)

Cravath Bonuses
(DBN)

As Cravath Kicks off Bonus Season, Will Clients Disapprove?
(DBN)

Associates Need Not Apply: Firm Wants Former In-House Talent Only
(DBN)

Will Work For Free
(DBN)

Sidley Austin’s Plans for 2010 Law School Grads
(DBN)

Deferred Associates 'Hit the Ground Running' at Temporary Positions
(DBN)

Judge Sanctions Lawyer $11.5K for Coaching Witness at Deposition
(DBN)

Supreme Court Cautious in Question of Regulating Mutual Fund Fees
(DBN)

Do Jon Mechanic and Fried Frank Have the ‘Un-Midas’ Touch?
(DBN)

Companies Need to Take Control of Firms' Fee Arrangements
(DBN)

Proskauer Takes Top Honor in Marketing Ranking
(DBN)

Rothstein Rosenfeld Co-Founder Moves to Dissolve the Firm
(DBN)

Rothstein Firm Seeks Allegedly Missing $100M to $185M; Is He in Morocco?
(DBN)

Rothstein law firm implosion -- Astonishing, not surprising
(DBN)

What's Going on at Rothstein Rosenfeldt Adler?
(DBN)

Law Firm Mulls Bankruptcy Amid Rumors of Failed Venture by Big-Spending Founder
(DBN)

Another Prominent Florida Lawyer Finds Himself in Legal Trouble
(DBN)

Squire Sanders chairman steps aside after 20 years in top role
(DBN)

O'Quinn killed while rushing home to get papers
(DBN)

Police say John O'Quinn was driving SUV, not wearing seat belt, in fatal crash
(DBN)

My Old Law Firm "Sucks" Blogger Is Just A Free Speech Advocate
(DBN)

NY Lawyer May Have Lost Up to $825M in Alleged Ponzi Scheme
(DBN)

Paralegal Finds Happiness Selling 'Romance Enhancers'
(DBN)

Sandwich Suit Says Jimmy John’s was Too Fast With the Tuna
(DBN)

Law Student of the Day: Bad Idea Costume
(DBN)

Ralph Nader Has a Bone to Pick With Law Schools
(DBN)

Going, Going, Gone: DWI La-Z-Boy
(DBN)

Law Professor Sues Above the Law Blog, Alleging 'Viciously Racist Series of Rants'
(DBN)

Attorney Charged With Attempted Murder in Bizarre Attack on Lawmaker
(DBN)

Senior adviser Walker will turn in state bar license: Bankruptcy trustee still trying to sell law practice
(DBN)

Attorney Shot By Police After Reaching For Gun
(DBN)

Say What?!
(DBN)

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Judges:

CIT bankruptcy reassigned after recusal
(DBN)

CIT Case Assigned to Judge Who Had GM
(DBN)

Time Gets Away From the Supreme Court
(DBN)

Supreme Court Rejects Certified Question From 5th Circuit
(DBN)

Some Judges Are Less Understanding Than Others :)
(DBN)

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Wall Street:

US Stock Futures Drop Sharply
(DBN)

Banks lead broad sell-off, FTSE below 5000
(DBN)

Asian markets hit by CIT bankruptcy
(DBN)

Mutual Fund Fee Dispute Divides US Supreme Court Justices
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

RBS to cut 3,700 branch staff
(DBN)

Obama: Job Losses Will Continue
(DBN)

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Celebs:

Nicolas Cage Facing Financial Ruin
(DBN)

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Personal Bankruptcy:

Looking Forward in the Supreme Court
(DBN)

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Health Care:

Bankrupt CCS Medical urges creditors work out solution
(DBN)

Honolulu Medical Group Files For Bankruptcy
(DBN)

Humana 3Q profit jumps on government programs
(DBN)

Judge Approves Forum Hiring Interim CEO
(DBN)

Doctor's practice files Chapter 11
(DBN)

Bankruptcy judge to decide whether to allow suit
(DBN)

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Bankruptcy Rules:

Important Amendments To The Bankruptcy Rules Are Coming December 1st
(DBN)

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Religion:

Judge denies request for Del. bishop's appearance
(DBN)

Judge lays ground rules for diocese bankruptcy
(DBN)

Attorneys debate suits against Delaware parishes
(DBN)

US abuse victims demand right to testify vs church
(DBN)

Leaders of the church knew that the abuse was going on
(DBN)

Diocese hit with 21 new claims
(DBN)

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Hockey:

Gretzky Won't Stand in Way of Coyotes Sale
(DBN)

Judge approves sale of bankrupt Coyotes to NHL
(DBN)

Coyotes sale finally done
(DBN)

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Food/Drink:

Eurofresh set to exit bankruptcy
(DBN)

Max & Erma's faces long slog: Franchisees are revolting and economy's woes mean recovery won't come easy
(DBN)

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Accounting:

When Is a Lease a Lease?
(DBN)

Women lose out in Big Four partner roles
(DBN)

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Sovereigns:

Could America Go Broke?
(DBN)

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Economy:

U.S. manufacturing, pending home sales surge
(DBN)

Manufacturing recovery hard to ignore
(DBN)

CIT loss won't be last for taxpayers
(DBN)

Fed to mull recovery, financial stability at policy meeting
(DBN)

The Outlook for Consumer Spending and the Broader Economic Recovery
(DBN)

Fed to Hold Rates, but Cracks Appear
(DBN)

Don't Know Much About Poverty
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

Pending Sales of Existing Homes in US Rise 6.1%
(DBN)

It’s OK to Walk Away, A Law Professor Argues
(DBN)

U.S. construction spending up in Sept
(DBN)

Wilbur Ross Sees 'Huge' Commercial Real Estate Crash
(DBN)

Fed Official Says Fed Focused on CRE Loan Exposure
(DBN)

Here's The REAL Reason Commercial Real Estate Is Different This Time
(DBN)

Five Reasons the U.S. Doesn't Need More Home-Buyer Perks
(DBN)

OC homebuilder buying land again
(DBN)

Homeowners making the best of life in unfinished subdivisions
(DBN)

Trustee: Kolovani violated Chapter 11 terms
(DBN)

Research America's Troubled Mortgages by State
(DBN)

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Fraud:

Ruiz Leaves Globalfoundries Amid Ties to Galleon
(DBN)

Secret Bond Deal Led IRS to Middleman Financing in the Dark
(DBN)

SEC Reveals its Own Bungling in Madoff Case
(DBN)

Deanna Coleman Takes the Stand: A Blue Monday for Tom Petters?
(DBN)

Petters trial: Betrayed trust, hidden recorders
(DBN)

Kovachev, Dreier's Wingman, Pleads Guilty to Fraud
(DBN)

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Finance:

CIT's bonds rise after prepackaged bankruptcy
(DBN)

CIT's bankruptcy exit fraught with uncertainty
(DBN)

Will CIT Group Emerge From Bankruptcy?
(DBN)

CIT's Bankruptcy Lesson
(DBN)

Geithner 'burned billions' on CIT
(DBN)

It's Official: Bankrupt CIT Becomes First Bailout Failure
(DBN)

CIT Group's Bankruptcy Plan: Goodbye Common and Preferred Stock
(DBN)

What To Know About CIT
(DBN)

Taxpayers are, once again, the biggest losers in the CIT bankruptcy
(DBN)

CIT Group's Ch. 11 filing could benefit private lenders
(DBN)

S&P reviewing rtg impact of CIT bankruptcy on US equip ABS
(DBN)

CIT woes could hit Alpha notes
(DBN)

CIT Spells Bankruptcy
(DBN)

Six reasons to be outraged about CIT
(DBN)

Cit Group vs. Citigroup: The difference and bankruptcy
(DBN)

CIT Australia Bondholders Waive Rights, Letter Shows
(DBN)

CIT's Bankruptcy and the Trading Sardine
(DBN)

Six reasons to be outraged about CIT
(DBN)

Number of SBA loans in default increases
(DBN)

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Newspapers:

Central Valley publisher's bankruptcy reaches milestone
(DBN)

Morris Publishing says majority support debt swap
(DBN)

'East Valley Tribune' is ending its 118-year run
(DBN)

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Gambling:

Boyd Gaming seeks competing plans for Station Casinos
(DBN)

Greektown Casino hearings to begin
(DBN)

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Chemicals:

U.S. Antitrust Waiting Period Ends for Huntsman Purchase of Tronox Assets
(DBN)

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Trucking:

YRC shares sink after debt exchange
(DBN)

YRC is seeking big concession
(DBN)

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Jewelry:

SEC to check Zale's books
(DBN)

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Hotels:

Hyatt: Occupancy Stabilizing, Trend to Continue
(DBN)

Waikiki hotel could face closure
(DBN)

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Banking:

Fed gathers top bank execs for talk on pay, bonuses
(DBN)

Uncertain Commercial Lending Losses Could Make 2010 a Scary Year for Wells Fargo, Citigroup Inc. and Bank of America
(DBN)

'Paulson's Gift' (to Everyone Except JP Morgan)
(DBN)

FDIC: Uptick in 'money mule' scams
(DBN)

Fed Official: Banks Face Sharp Deterioration In Loan Portfolios
(DBN)

Citibank, Bank of America, Wells Fargo and JP Morgan Chase Hoarding Cash to Improve Liquidity
(DBN)

Treasury, federal bank regulators trip over each other in FBOP failure
(DBN)

UBS Swings to Loss on Charges
(DBN)

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Mining:

Alberta Star to acquire controlling interest in US silver miner Sterling Mining
(DBN)

Asarco will be stronger post- bankruptcy : Grupo Mexico
(DBN)

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Horse Racing:

Tracks' potential buyers are raising their hands
(DBN)

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Ethanol:

Fergus ethanol plant files for bankruptcy
(DBN)

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Telecoms:

FairPoint gives lenders equity, plots exit from Chapter 11
(DBN)

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Politics:

Washington's inconvenient economic truths
(DBN)

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Credit Cards:

The Downside of Debit Cards
(DBN)

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New Bankruptcy Opinions
(1 new opinion 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:

Small-Business Bankruptcy Filings Up 44% Year-over-year
(DBN)

Monthly Bankruptcy Filings Jump 7%
(DBN)

Business bankruptcies slam CA metro areas
(DBN)

Tennessee ranks 2nd nationally in bankruptcy filings
(DBN)

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Bankruptcy Reform:

Senate Bankruptcy Markup
(DBN)

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Tax:

Groups Cry Foul Over UBS Whistleblower Term
(DBN)

Health care plan hits rich with big tax increases
(DBN)

Former Miller Canfield Partner Gets 5 Years in Tax-Shelter Case
(DBN)

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Corporate Reform:

Warren: In fight over credit rules, she wields a plan
(DBN)

Banks Find Consumer Protection Too Big to Fail With Congress
(DBN)

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Compensation:

U.S. pay czar: Will soon decide how to use clawback
(DBN)

Bank CEOs Met with Fed on Compensation
(DBN)

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Retailing:

CIT woes worry US retailers
(DBN)

Retailers 'Dodge Bullet' With CIT's November Bankruptcy Filing
(DBN)

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Symphonies:

Officials: Honolulu Symphony Could Face Bankruptcy
(DBN)

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Autos:

Watchdog: Unlikely That Taxpayers Will Recover $81 Billion Given to GM & Chrysler
(DBN)

US to Allow GM to Use Federal Loans to Invest in Delphi
(DBN)

Report: Task force set production requirements for Chrysler, GM
(DBN)

Plan to end auto task force draws doubts
(DBN)

GM IPO talk now `dumbest thing in world`
(DBN)

Ford Posts an Unexpected Profit of $997 Million
(DBN)

Ford's $1 billion profit signals turnaround
(DBN)

Moody's Boosts Ford Ratings
(DBN)

Ford has cut 45% of workers since 2006
(DBN)

How Auto Bailout Is Punishing Ford
(DBN)

Ford to raise $3.3 billion in stock, debt sales
(DBN)

Ford's next step: Tackle debt
(DBN)

Is Fiat Helping Chrysler--Or Fiat?
(DBN)

Dodge dealership victims find justice elusive
(DBN)

BMW 3Q Net Falls 74% On Waning Demand For Luxury Cars
(DBN)

GM board to meet, decide fate of Opel , Vauxhall
(DBN)

Opel labor set to cut costs for Magna
(DBN)

Toyota Sees Monthly Sales Decline
(DBN)

Chinese Group Buys Delphi Brake Unit
(DBN)

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Litigation:

How Litigation is Like Baseball
(DBN)

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Hollywood:

Hasta La Vista
(DBN)

Get a Terminator, On Sale
(DBN)

Sony'a leading contender' to snap up Terminator film rights
(DBN)

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Arena Football:

All that's left of AFL on the block
(DBN)

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Hedge Funds:

Hedge Fund Founding Father Blasts Jewish Leaders
(DBN)

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Bankruptcy Crimes:

Meridian man faces prison for bankruptcy fraud
(DBN)

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UK:

Another insolvency practice is born
(DBN)

Royal Bank Says EU May Force More Asset Sales Than Planned to Approve Aid
(DBN)

RBS and Lloyds break-up: reaction
(DBN)

RBS, Lloyds Get $51 Billion in Second Bank Bailout
(DBN)

Will banks split affect customers?
(DBN)

Will UK Bank Assets Lure Private Equity Firms?
(DBN)

Game Changer: UK Decides Too Big to Fail Is Too Big to Exist
(DBN)

Lord Alan Sugar launches astonishing rant at struggling businesses
(DBN)

UK Housing Demand Will Stay 'Depressed' on Job Cuts, EU Says
(DBN)

Farepak administrators attacked by MP for 'raking in' customer cash
(DBN)

CFOs flag up late payment increase
(DBN)

Bankruptcy tourism: excess baggage
(DBN)

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EU:

EU Revises Growth Forecast Up for 2010
(DBN)

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Canada:

Supreme Court of Canada clarifies law of fiduciary duty
(DBN)

ACRE and WSP Form Distressed Advisory Firm
(DBN)

Geoffrey Canada tangled up in two financial scandals
(DBN)

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Italy:

Risanamento shares up on hopes will escape bankruptcy
(DBN)

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Czech Republic:

Czech bankruptcy filings up 71 pct yr/yr
(DBN)

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Spain:

Spain's Jobless Claims Extend Climb
(DBN)

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Japan:

As Japan Helps Consumer Lenders, Bankers Worry About Zombies
(DBN)

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Hungary:

Insolvency wave to peak soon
(DBN)

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