October 1 , 2009

The Daily Bankruptcy News

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Law:

The 2009 Global 100: The Great Game
(DBN)

AmLaw's Global 100 - Still A Lot Of Money At The Top
(DBN)

Is there a revolution about to upset the world of law - or is it all hot air?
(DBN)

Law Firm Leaders, Citigroup GC Discuss Fixed Fees
(DBN)

Hertz GC Sues Analyst Who Said Company Could Go Bankrupt
(DBN)

Raft of top firms call for partners to tighten up billing
(DBN)

Skadden, Paul Weiss, S&C -- but Not Wachtell -- on Hand for CIT's Last Gasp
(DBN)

More Female Partners: A Noble Goal, but How to Get There?
(DBN)

Can Remote Access Help Firms Make Female Partners?
(DBN)

Paradigm Shift: Power-Lawyer Mom, Stay-at-Home Dad
(DBN)

Marcia Clark (Marcia Clark!)Throws Twist Into Polanski Matter
(DBN)

Manatt Phelps and Roman Polanski
(DBN)

Polanski Goes Big; Hires High-Profile, Connected U.S. Lawyer
(DBN)

Suits for Unpaid Legal Fees in Top 10 for Stupidity, Lawyer Says
(DBN)

Tales of the Recession
(DBN)

How Cozen O'Connor Wowed the Summers
(DBN)

It’s Come to This: Unpaid Internships For Lawyers With One - Three Years Experience
(DBN)

Summer Associates Happier At Firms That Don’t Do Layoffs
(DBN)

Dealing With Big Law Survivor's Guilt
(DBN)

Notes from the Breadline: I Am Waiting
(DBN)

Law Firm Partner Says Worker’s Alleged $1.2M Theft Forced 10 Layoffs
(DBN)

Revenue Per Lawyer Drops 3 Percent at Global 100 Law Firms
(DBN)

Dismissal of Fraud, Malpractice Claims Against Prominent Litigator and Three Firms Upheld
(DBN)

Judge OKs $54.7 Million in Claims by Victims of Lawyer's Debt-Relief Scam
(DBN)

Cox Smith Attorneys Have Three Times the Fun Doing Body Shots
(DBN)

Former "Star" Paul Hastings Associate Spared Prison in Insider Trading Case
(DBN)

Bryan Cave Exonerated in Ponzi Case
(DBN)

Mergers and Mass Hires Leave Out-of-Town Firms With Two Manhattan Offices
(DBN)

Grand Central Shuttle: Firms Moving Manhattan Offices
(DBN)

9th Circuit: Privilege Didn't Apply to Former Broadcom Executive
(DBN)

Supreme Court Takes Case on Reach of Gun Rights
(DBN)

Miami law firm Bilzin Sumberg to move into 1450 Brickell
(DBN)

Legal Aid Holding Its Own, ‘But Just Barely’
(DBN)

Partner Says Law Firms Should Take a Cue from Obama, Who Works at Home
(DBN)

Former Paul Weiss Lawyer is Busy Giving Away Much of His $2.7B
(DBN)

(Former)Lawyer of the Day: Allen Feingold
(DBN)

Are Yellow Pages Obsolete for Lawyers?
(DBN)

Less than Half of Medical Malpractice Suit Dollars Go to the Person Suing
(DBN)

Lawsuit of the Day: Another Fruity Class Action
(DBN)

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Judges:

Ninth Circuit Appoints Two New Bankruptcy Judges
(DBN)

California Appeals Judge Scolds Lawyers for Excess of Acronyms
(DBN)

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Wall Street:

 

World Stocks Mostly Lower on Weak Economic Data
(DBN)

Asian Stocks Fall on Growth Concern
(DBN)

A Give-and-Take Day on Wall Street
(DBN)

Want a job on Wall Street? Good luck.
(DBN)

The Dead Dogs Of The Dow
(DBN)

US secretly tried to make deal with Goldman Sachs in wake of financial crisis
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Jobless rates rise in all US cities in August
(DBN)

Jobs: Look for Lower Losses in September
(DBN)

IMF Says Rising Joblessness to Weigh on US Growth Next Year
(DBN)

Chrysler Financial lays off about 360
(DBN)

Lives after layoffs
(DBN)

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Autos:

Penske Ends Talks to Buy Saturn From G.M.
(DBN)

Collapse of deal for Saturn stuns GM
(DBN)

Time for GM to overhaul its culture
(DBN)

Old liability claims dog new GM
(DBN)

Saturn shutdown surprises dealers
(DBN)

GM kills Saturn after Penske ends deal
(DBN)

Saturn's Sad Story Nears an End
(DBN)

GM, Chrysler meet with dealers over closings
(DBN)

GM retirees considering filing claims
(DBN)

Ford seeks UAW givebacks
(DBN)

Fiat says it won't renew Chrysler contract
(DBN)

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Corporate Reform:

In Harsh Reports on S.E.C.’s Fraud Failures, a Watchdog Urges Sweeping Changes
(DBN)

US Officials See Challenges, Promise For Global Financial Regulation
(DBN)

Dodd Presses For Consolidating Regulators
(DBN)

Bernanke to Urge 'Strong' Consumer Protection in House Hearing
(DBN)

Funds Try to Ward Off New Regulations
(DBN)

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Hotels:

Ex- bankruptcy judge to lead Extended Stay probe
(DBN)

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Hockey:

Bankruptcy judge rejects both bids to buy Coyotes
(DBN)

Balsillie gives up bid for Coyotes
(DBN)

Hamilton residents refuse to give up NHL dream
(DBN)

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Derivatives:

Metavante court ruling retains swap safe harbor-ISDA
(DBN)

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Celebs:

Vick to Turn Over $400K to DoL
(DBN)

Randy & Evi Quaid's Long History Of Financial Trouble
(DBN)

Pamela Anderson's home from home... a one-bedroom mobile shack
(DBN)

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Private Equity:

Private equity seeks creative distressed deals
(DBN)

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Movies:

'Terminator' Looking for Buyers After Hedge Fund Suit
(DBN)

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Economy:

Paul Volcker: You Call This An Economic Recovery?
(DBN)

Q2 GDP shrinks less, private jobs fall in Sept
(DBN)

Chicago Fed Midwest factory activity down in August
(DBN)

Economic Growth Seen Slowing by Year's End
(DBN)

IMF Raises 2010 Growth Forecast; Asia Leads Recovery
(DBN)

IMF Cuts Forecast for Global Losses to $3.4 Trillion
(DBN)

Kohn Says Low Rate Likely Warranted for Extended Time
(DBN)

US Treasury launches first toxic asset funds
(DBN)

Treasury Strikes Two Deals for Distressed Securities
(DBN)

Greenspan Sees Economy Slowing in 2010 as Stocks 'Flatten Out'
(DBN)

Miller Buckfire exec sees long downturn
(DBN)

Bailouts Through the Back Door
(DBN)

Some businesses thrive in spite of a downturn - or even because of it
(DBN)

US wealthiest lost $300 billion in last year: Forbes list
(DBN)

Gates Still Forbes' Richest American in 'Billionaire Bloodbath'
(DBN)

Countries Billionaires Could Buy
(DBN)

Meet the Taxpayers' $3 Trillion Watchdog
(DBN)

The real reason that capitalism is so crash-prone.
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

Q&A: Shiller Sees Flat Home Prices
(DBN)

CMBS face bankruptcy test
(DBN)

A Full House Beats the Recession
(DBN)

Two Risks That Paralyze Mortgage Renegotiations
(DBN)

New Bill Will Force Modifications and Restrict Foreclosures
(DBN)

Are Distressed Homes Worth It?
(DBN)

Principal Reductions Jumped In Q2
(DBN)

Mastro moved assets offshore, bankruptcy trustee charges
(DBN)

Caranalli Gets Bankruptcy Protection With Debts of $165-million
(DBN)

Carinalli creditors respond to bankruptcy filing
(DBN)

Fannie's Single-Family Serious Delinquency Rate Hits 4.17%
(DBN)

Developer to close Sun City Center golf course
(DBN)

Private mortgage insurance volume hits record low
(DBN)

50% Of Rescued Mortgages Have Re-Defaulted
(DBN)

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Finance:

CIT Plans for Exchange Offer and Potential Bankruptcy
(DBN)

CIT May Pit Bondholders Against Each Other With Debt Swap Offer
(DBN)

Can CIT Survive a Bankruptcy Filing?
(DBN)

CIT Collapse Would Be A Mess, Turnaround Pros Say
(DBN)

Without CIT, Life Is Tougher, but Better
(DBN)

CIT Plans Debt Swap, Pre-Packaged Bankruptcy Option
(DBN)

CIT Shareholders Hold Breath
(DBN)

Time to let CIT go
(DBN)

CIT Shares, Debt Slump Amid Wait for Restructuring Plan
(DBN)

Lenders Expect to Make More Loans In Q4
(DBN)

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Ratings Agencies:

Executive Denies That Moody’s Inflated Ratings
(DBN)

Rating agencies protest broader oversight
(DBN)

Moody's gets hammered from all sides
(DBN)

Drop Moody's Into a Volcano
(DBN)

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Fashion:

U.A.E. Sheik May Rescue Lacroix
(DBN)

Mariella Burani says banks could swap debt
(DBN)

Slashing personal expenses to $1,000 a night: The recession hits the fashion industry
(DBN)

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Building Materials:

Panolam Announces Agreement Regarding Restructuring
(DBN)

______________

Gambling:

New bidder to make offer for Trump casinos
(DBN)

New Century Investments Targets Trump Entertainment Resorts
(DBN)

Trump Entertainment CEO surprised by new bidder
(DBN)

Penn Natl looking at Fontainebleau Las Vegas-CFO
(DBN)

Florida Court to Hear Fontainebleau's Case
(DBN)

Court Considers Liquidation for Fontainebleau
(DBN)

______________

Corporate Governance:

In a Leveraged Buyout With a Controlling Stockholder, Loyal Directors Must Actively Negotiate
(DBN)

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Fraud:

Chais Accuses Madoff Trustee of Seizing His Money
(DBN)

Madoff Investor Chais Seeks Access to Goldman Sachs Account
(DBN)

SIPC Coverage: Madoff Yes, Nadel No
(DBN)

Stanford's Alleged Document Shredder Wants Indictment Dismissed
(DBN)

______________

Credit Counseling:

Some debt-relief services offer more grief than relief
(DBN)

______________

Insurance:

D&O Insurance: Additional Consideration, "Loss," and the "Bump Up" Exclusion
(DBN)

California regulators seize struggling insurer Golden State Mutual Life
(DBN)

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Compensation:

Feinberg Questions Rescinding Company Execs' Pay
(DBN)

______________

Accounting:

UK E&Y coy about 7.9% growth
(DBN)

E&Y global revenues fall 6.8% in USD
(DBN)

Sharp decline reported in number of New York area accounting professionals
(DBN)

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Banking:

BofA CEO Lewis out by year's end, search on for successor
(DBN)

Lewis departure catches BofA board off guard
(DBN)

The Merger That Ruined Lewis
(DBN)

Bank of America seen looking internally for Lewis successor
(DBN)

Federal Reserve Puts Four More Banks on Notice
(DBN)

The junk, and treasures, of bank failures
(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:

Equifax: Commercial bankruptcies up in Q2
(DBN)

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Bankruptcy Prediction:

Lawsuit Raises Questions About Limits Of Stock Research Calls
(WSJ: separate paid subscription required)

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Exemptions:

Schwab v. Reilly -- The Amicus Brief
(DBN)

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Immigration:

Former Agriprocessors CFO Pleads Guilty
(DBN)

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Advertising:

Rate of Decline in Global Ad Spending Slows, Report Shows
(DBN)

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Cable Television:

Charter bankruptcy ruling delayed
(DBN)

______________

Retailing:

How CIT saved Christmas
(DBN)

Kohl's Opens Stores at Ex-Mervyn's Locations
(DBN)

Outlet Centers Rise to the Top During Recession
(DBN)

______________

Television:

New Vision Exits Bankruptcy
(DBN)

______________

Telecoms:

FairPoint: 'No evidence' for license revocation
(DBN)

FairPoint defends itself at phone service hearing
(DBN)

Nortel to prepare for Oct. 13 trial
(DBN)

______________

Newspapers:

The Star Tribune's first big post- bankruptcy departure
(DBN)

Unions could hold key to fate of Chicago Sun-Times
(DBN)

Decision looms for ailing Chicago daily
(DBN)

______________

Credit Cards:

CARD Act Compliance Could Be Moved from February 2010 to December 1, 2009
(DBN)

______________

Horticulture:

Proposed settlement in Pike Nurseries' bankruptcy
(DBN)

______________

Aviation:

Economy grounds air cargo industry
(DBN)

Frontier Airlines exits bankruptcy today
(DBN)

Pension fight needs trial, judge rules
(DBN)

______________

Tax:

Nortel, IRS to Face Off At Trial Over $3B Tax Bill
(DBN)

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Health Care:

Hospitals Know That Getting Efficient Is A Big Money Loser
(DBN)

Swiss Health Care Thrives Without Public Option
(DBN)

A Dozen Disturbing Health Care Statistics
(DBN)

Mental illness worse in downturn
(DBN)

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Student Debt:

Student Loan Borrowing Outpacing Tuition Increases
(DBN)

______________

Food/Drink:

PCA to return to US Bankruptcy Court
(DBN)

______________

UK:

UK emerging as restructuring capital of Europe
(DBN)

UK Banks Agree to Limit Bonus Pay Before Law Change
(DBN)

IMF Raises UK 2010 Growth Forecast on Housing Market, Pound
(DBN)

HMRC faces wall of silence from banks over offshore accounts
(DBN)

Funds to flee London as banker pressure backfires
(DBN)

Audit firms left unprotected against claims of negligence
(DBN)

Britain to make 'stronger' exit from recession
(DBN)

______________

EU:

Europe Economy Recovering - IMF
(DBN)

Euro zone joblessness hits 10-year high of 9.6 pct
(DBN)

IMF predicts sluggish recovery in Europe
(DBN)

Factory Activity Shrinks In September
(DBN)

______________

Canada:

Attractions Hippiques provides its creditors with restructuring plan
(DBN)

______________

Germany:

Germany Benefits from Global Recovery
(DBN)

German retail sales fall unexpectedly in August
(DBN)

______________

Russia:

Rising debts driving increased state involvement in economy
(DBN)

______________

Japan:

Business confidence in Japan up for second quarter
(DBN)

______________

Iceland:

Over 500 Icelandic Companies Go Bankrupt
(DBN)

______________

Africa:

Sub-Saharan Africa's Per-Capita Income to Fall, IMF Forecasts
(DBN)

______________

Middle East:

IMF sees stronger Middle East growth in 2010
(DBN)

______________

China:

Beijing moves to halt its growth juggernaut
(DBN)

______________

Ukraine:

Ukraine's Naftogaz Indicates Default on Bonds
(DBN)

______________

 

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