November 30, 2009

The Daily Bankruptcy News

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Law:

Small Firm Takes Big Bankruptcy Fight to High Court
(DBN)

Chadbourne Associates, Staff to Recoup Lost Pay
(DBN)

New Competency Programs Can’t Be Just a Cover for Pay Cuts
(DBN)

The Cost of a Law Firm Layoff: Multiply Senior Lawyer’s Salary by Five
(DBN)

Associate Bonus Watch: Debevoise Matches
(DBN)

Ashurst sees revenues fall by 14% for first half of financial year
(DBN)

Partner on leave as firm reviews care of injured associate
(DBN)

Clifford Chance and Latham set for lead roles on Dubai World restructuring
(DBN)

Greenberg hires former Kirkland partner for London restructuring launch
(DBN)

Tough Market for Law School Grads
(DBN)

Bankruptcies Up 34 Percent; Lawyers Observe Health Care Cost Impact
(DBN)

The business of bankruptcy can be big
(DBN)

When Clients Waive Privilege
(DBN)

In-House Counsel Want ‘Concierge Services’ From Firms
(DBN)

While Feds Prepare Case, Rothstein Plays Landlord to His Lawyer
(DBN)

Bankruptcy lawyers to Florida charities: Give Rothstein money back
(DBN)

FBI Raids Offices of ‘Flashy Financier,’ a Former Ice Miller Lawyer
(DBN)

Fla. High Court Permanently Disbars Disgraced Attorney
(DBN)

Law Firms Boost CRE Market
(DBN)

Paul Weiss Staying Put on Sixth Avenue
(DBN)

Troubled Startup's CEO 'Relied on' Lawyers
(DBN)

DOJ Gives Miami Lawyer Ben Kuehne Happy Thanksgiving, Drops Charges
(DBN)

Judge Cites Tough ‘New Era’ in Conflicts Cases as She Sentences Ex-DOJ Lawyer
(DBN)

After First Year of Practice, Law Grads Settle In to Lawyer Life
(DBN)

Debt Still Disqualifying for New York Bar Applicant
(DBN)

Adventures in Lawyer Advertising: Texas Firm’s Kiddie P--- Practice Group
(DBN)

Solo’s Complaint Against Firm Results in $45K Frivolous Suit Sanction
(DBN)

Is Free Legal Research Good Enough to Bank a Case On?
(DBN)

Law firm wins worst-taste website award
(DBN)

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Judges:

N.Y. Judge Censured for Helping Arrest Motorist
(DBN)

Blogger Accused of Threatening Judges Subpoenas N.J. Governor-Elect
(DBN)

Judge Tells 'Vexatious' Bank to Shove It
(DBN)

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Wall Street:

US Stock-Index Futures Are Little Changed
(DBN)

Markets brace for fallout of Dubai crisis, US jobs data
(DBN)

Worries about Dubai wipe out early gains
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Hiring Is Rising in One Area: Low-Paid Interns
(DBN)

The Most Recession-Proof Jobs Right Now
(DBN)

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Food/Drink:

U.S. wants Pilgrim's Pride bankruptcy plan revised
(DBN)

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Celebs:

IRS files $79,000 tax lien against Schwarzenegger
(DBN)

White House Dinner Crashers' Bankruptcy
(DBN)

Lawyer And Unpaid Bills Become Part of White House Party Crasher Saga
(DBN)

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Corporate Reform:

Bernanke Warns of Risks in Push to Revamp Fed
(DBN)

Keeping Derivatives in the Dark
(DBN)

The corporate monitor boomlet
(DBN)

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Derivatives:

China Creates Clearinghouse for Derivatives
(DBN)

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Compensation:

U.S. Pay Czar Approves Changes for 2 Top Bank of America Executives
(DBN)

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Autos:

Chapter 22 For Auto-Parts Suppliers?
(DBN)

Taxpayers foot bills for GM, Chrysler
(DBN)

Lawyers, advisers to cash in for years
(DBN)

Ford deal to give Visteon cash
(DBN)

Biggest risks to GM
(DBN)

From CEO on down, GM is focusing on faster decisions and solutions
(DBN)

Henderson used to tackling GM crises
(DBN)

Things The Auto Industry Can Be Thankful For, 2009 Edition
(DBN)

The Sinking Saab
(DBN)

Sweden Unlikely to Relax Loan Rules for Saab, Official Says
(DBN)

Saab's Loan Was Likely Weeks Away, Swedish Debt Office Says
(DBN)

Saab failure another dent in China's auto dreams
(DBN)

GM's Saab talking to potential buyers: report
(DBN)

£90m in bonuses for GM German workers
(DBN)

GM Canada dealers sue to stay open
(DBN)

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Tax:

From Snitch to Rich? The Case of UBS’s Brad Birkenfeld
(DBN)

Schwarzenegger's tax mess and his 2008 $990753 donation to...himself?
(DBN)

Offshore Account Holdouts Better Start Coming Up with Excuses
(DBN)

UBS Threatens to Leave Switzerland
(DBN)

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Newspapers:

Tough Times Turning Newspaper Lenders Into Owners
(DBN)

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Lehman:

Lehmans administrators lay down $11bn gauntlet
(DBN)

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Accounting:

Deloitte appointed to Dubai World
(DBN)

Deloitte Versus KPMG in Dubai World Saga
(DBN)

Ernst & Young Is Thankful for Lawyers, Possibly Toblerones
(DBN)

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Discharge:

Judge Seeks Creditors' Attention With Discharge Violation Ruling
(DBN)

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Distressed Investing:

Moelis' Horrocks on corporate distress
(DBN)

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Sovereigns:

Greece Tests the Limit of Sovereign Debt As it Grinds Toward Slump
(DBN)

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Economy:

Across U.S., Food Stamp Use Soars and Stigma Fades
(DBN)

Senator opposes Fed chief Bernanke renomination
(DBN)

Bernanke: Top of Foreign Policy’s 100 Global Thinkers List
(DBN)

Bernanke: Dodd, Paul Bills Would Hurt Economy
(DBN)

Bernanke Forgot About His Role In Causing the Great Recession
(DBN)

Seeing the Glass as Mostly Empty
(DBN)

Get Ready for Half a Recovery
(DBN)

Lessons From 80's Don't Bode Well Now
(DBN)

A World Awash in Debt
(DBN)

Audit Would Hurt Economy - Bernanke
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

US Treasury to Push Lenders to Finish More Home Modifications
(DBN)

New Home Sales Up 6.2%, Says HUD
(DBN)

Judge blasts bad bank, erases 525G debt
(DBN)

Getting Mortgage Payment Cut Takes Patience, and Luck
(DBN)

'I Stopped Denying People': Ex-Bank Of America CSR Tells All
(DBN)

Foreclosure Protections for All
(DBN)

Falling rents aid homeowners in mortgage trouble
(DBN)

A Bankruptcy for Maguire? Nope, Just a Lawyer
(DBN)

Bank files objection in THP case
(DBN)

Royce Homes under fire from local homeowners, charity
(DBN)

Manhattan's double dip
(DBN)

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Accounting:

Overstock and Grant Thornton
(DBN)

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Retailing:

How to Manage Holiday Shopping
(DBN)

AlixPartners on retail bankruptcies
(DBN)

Black Friday sales up 0.5 percent
(DBN)

Thanksgiving Sales Attract More Shoppers, Less Average Spending
(DBN)

Social media has impact on Black Friday for retailers and consumers
(DBN)

U.S. Shoppers Get Practical This Holiday Season
(DBN)

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Gambling:

Weak debut seen for Sands on high valuations
(DBN)

Greektown bankruptcy fees add up
(DBN)

Retailers join Fontainebleau Las Vegas bankruptcy
(DBN)

Many Eyes Watching Foxwoods' Negotiations With Creditors
(DBN)

Beal Bank bids for bankrupt Trump casino firm
(DBN)

More time needed for sale of Tropicana, conservator says
(DBN)

Silver Club casino in Sparks to go up for auction
(DBN)

Herbst plan may serve as model
(DBN)

Las Vegas rebound riding on $8.5B CityCenter
(DBN)

Casino party loses fizz, Sands China falls on debut
(DBN)

Icahn Bets on Vegas
(DBN)

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Finance:

CIT Group's New Reorganization Plan Adds Management Incentives
(DBN)

For SBA Loans, Stimulus Well Runs Dry
(DBN)

Strong banks, weak credit after TARP
(DBN)

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Hockey:

Trustee Finds Lightning Tickets Worth Fraction Of Face Value
(DBN)

Coyotes' future puts taxpayers at risk
(DBN)

Millions at stake for Glendale in the Coyotes bankruptcy
(DBN)

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Litigation:

Securities Fraud Suits Resurface
(DBN)

Lawyer Under Fire for Using Dud Grenade in Closing
(DBN)

______________

Alternative Energy:

Alt Energy Company Files Bankruptcy
(DBN)

Pacific Ethanol aims to start up again in January
(DBN)

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Oil/Gas:

SemGroup LP may soon emerge from bankruptcy
(DBN)

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Mining:

As Grupo retakes Asarco, some fret
(DBN)

Colorado to receive more than $42 million as part of Asarco reorganization‏
(DBN)

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Municipalities:

Is New York Headed for Bankruptcy?
(DBN)

Detroit's compounding debt points to disaster
(DBN)

New York Governor Paterson to Propose $1.6 Billion in Savings
(DBN)

New Jersey Stares at Worsening Budget Deficit
(DBN)

RI House Holds Forum on Dire State Economy
(DBN)

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Fraud:

Madoff Trustee Overreaching in Clawback, Picower Says
(DBN)

Judge OKs fees for lawyers in Petters Group bankruptcy
(DBN)

The Syrian rabbi's shocked flock
(DBN)

'Follow the Money' Radio Host Accused in $190 Million Ponzi
(DBN)

Forget Everything Youýve Heard: Raj Rajaratnam Never Traded on Inside Information
(DBN)

______________

Fashion:

No firm buyer seen for Christian Lacroix fashion house
(DBN)

______________

Credit Cards:

Should the US Reform Interchange Fees on Credit
(DBN)

The Australian Interchange Experience
(DBN)

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Banking:

Proposals for Haircuts at the FDIC
(DBN)

A Closer Look at the FDIC's Grim Quarterly Report
(DBN)

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Agriculture:

Credit Conditions Tighten For Ag Lenders
(DBN)

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Telecoms:

Fat cats, hungry workers
(DBN)

______________

 

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:

Bankruptcies spike 33%
(DBN)

Nevada leads nation in rate of bankruptcy filings
(DBN)

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Bankruptcy Humor:

Bankruptcy Bill
(DBN)

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Private Equity:

Amerian Capital enters lock-up seeking to avoid bankruptcy
(DBN)

The new exit strategies
(DBN)

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Religion:

Fairbanks Diocese welcomes bankruptcy agreement
(DBN)

AP wants priest-abuse settlement details
(DBN)

Man describes how his youth was ruined at the hands of Father Des McGrath
(DBN)

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Health Care:

From injury to bankruptcy
(DBN)

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Insurance:

A.I.G. and Greenberg Settle Legal Battle
(DBN)

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Magazines:

Reader's Digest Turnaround Plan Advances
(DBN)

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Theme Parks:

Six Flags bondholders submit alternative plan
(DBN)

______________

Horse Racing:

Racing the downturn
(DBN)

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Hotels:

Hotel owners, like home owners, falling behind
(DBN)

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UK:

UK Insolvency Laws Get Much-Needed Clarity
(DBN)

Leading firms act on largest UK pre-pack deal for Wind Hellas
(DBN)

Darling Defends Secret Loans
(DBN)

R3 predicts high street 'bloodbath'
(DBN)

UK bookstore chain Borders UK appoints administrators
(DBN)

Lessons to be learned from Titcheners' collapse
(DBN)

It's painful - but the best will survive recession
(DBN)

Millionaire reveals his plan to save Rangers from ruin
(DBN)

Firms struggle to stay afloat
(DBN)

UK Mortgage Loans Rise to Highest Since March 2008
(DBN)

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EU:

European Consumer Prices Rise First Time in 7 Months
(DBN)

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Middle East:

Dubai debt move 'carefully planned'
(DBN)

Lubben: Dubai World
(DBN)

Dubai Default Swaps Show No Distress on Bailout Bets
(DBN)

Dubai Leads Gulf Default Risk Lower After UAE Eases Credit
(DBN)

Dubai Shares Plunge, Abu Dhabi Index Slides Most in Eight Years
(DBN)

Is the Dubai debt storm a blip or something far, far worse?
(DBN)

Crisis May End in 'Major' Default
(DBN)

Banks face fresh crisis after investing billions
(DBN)

Dubai Debt Woes Raise Fear of Wider Problem
(DBN)

Dubai World mulls four options of debt repayment
(DBN)

Just beginning for governments' debt
(DBN)

UAE Central Bank Stands Behind Lenders, Adds Funds
(DBN)

The Dubai Crisis
(DBN)

British Builders Seek Help To recoup GBP250 Million From Dubai
(DBN)

Horse industry closely watches Dubai debt crisis
(DBN)

It may be two minutes to midnight at the oasis
(DBN)

Report: Indebted Dubai World Rejected Asset Sale
(DBN)

What assets Dubai could be forced to sell
(DBN)

Debts of despair may launch Dubai to new poetic heights
(DBN)

Dubai pays the price for trying to be what it is not
(DBN)

Playboys of Dubai fall from grace
(DBN)

What is Dubai and who runs it?
(DBN)

"Dubai model" was the vision of one man
(DBN)

Abu Dhabi rises as Dubai sinks in debt
(DBN)

Does Dubai Matter? Ask Ireland
(DBN)

Focus on Due Diligence For Islamic Bonds as Defaults Rock Market
(DBN)

Dubai plans appeal to bondholders
(DBN)

The intrinsic unimportance of Dubai World
(DBN)

Pressure mounting for Sheik
(DBN)

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China:

Dangers of an Overheated China
(DBN)

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Japan:

Japan's Bankruptcies May Rise on Stronger Yen, Tokyo Shoko Says
(DBN)

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Canada:

Goldman locks horns with CanWest over bankruptcy action
(DBN)

Canwest hit by $228m earnings slump
(DBN)

CanWest pensioners' lives in limbo
(DBN)

CAW fires back at Nortel execs
(DBN)

Nortel's nosedive ruins golden years for pensioner
(DBN)

Rivals snap up Nortel vets
(DBN)

______________

Australia:

Business Woman of Year Leanne Wesche faces bankruptcy
(DBN)

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India:c

India's economy grew 7.9 percent in July-Sept
(DBN)

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