October 23, 2009

The Daily Bankruptcy News

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Law:

Davis Wright Settles Malpractice Suit for $30M Despite ‘Strong’ Position
(DBN)

DLA Piper and Several Major UK Firms Cut Partner Payouts
(DBN)

SEC's Amended BofA Complaint: New Claims, but No New Defendants
(DBN)

Bank of America: Where's the Line Between Lying and Bargaining?
(DBN)

High-profile restructuring chief Norley quits Kirkland's London base
(DBN)

Latham & Watkins: Unfreezing Salaries?
(DBN)

Vinson & Elkins Doesn’t Mind if Columbia or NYU Law Students Have Been Laid Off
(DBN)

Thomas Friedman’s Semi-Coherent Thoughts on Lawyer Layoffs
(DBN)

Staff Layoff Watch: WilmerHale Lays Off 57 Staffers
(DBN)

Shearman & Sterling Signs On for Galleon Wind-Down
(DBN)

'Absolutely Wretched': One Prof's Take on the State of Legal Ed.
(DBN)

A ‘Rocky Mountain High’ Jobless Rate
(DBN)

Toyota Whistle-Blower Lawyer Is Dogged and ‘Heavily Medicated’
(DBN)

After Trial Win, Defense Lawyer Polls Jury, Gets Guilty Verdict
(DBN)

Corporate Counsel Discuss Risks of Landing in the Hot Seat
(DBN)

Pls Hndle Thx: Solicitation for Lucrative Partnership
(DBN)

Attorney Charged With Posting Ad Seeking 'Secretary With Benefits'
(DBN)

Illinois Lawyer in Hot Water over Lurid Craigslist Posting
(DBN)

Yale Law Grad Who Won Survivor Gets FCC Job
(DBN)

Bright Light of New York Law School Aggravates Neighbors
(DBN)

Placement Office Scrambles at Law School Where 65% of Grads Had No Jobs
(DBN)

Lawsuit of the Day: When Robots Attack!
(DBN)

Rumors of MTV Reality TV Show at Cardozo Law School ‘Exceed the Reality of the Situation’
(DBN)

Dirty Jokes on Sex Harassment Plaintiff's Computer Ruled Fair Game
(DBN)

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Judges:

Iowa Chief Justice Says She Slept Through Son’s Beer Party
(DBN)

Weinstein and the Windmill: NY Judge Wages Long Fight to Not Impose Sentence He Believes Is Unjust
(DBN)

Rule No. 1: When the Judge Agrees With You, Stop Talking
(DBN)

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Wall Street:

Stocks rally on earnings optimism
(DBN)

Will Goldman Sachs "Trade Places" with the Hunt Brothers?
(DBN)

Stock Futures Point to Mixed Opening
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

US new jobless claims up again
(DBN)

Economic Adviser Predicts 10% Jobless Rate
(DBN)

Network Rail Denies Plans For 13,000 Job Cuts
(DBN)

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Newspapers:

New York Times publisher cuts losses
(DBN)

What's going on at the New York Times Co.?
(DBN)

New York Times Hires Gang Who Killed Chicago Tribune to Kill Tribune
(DBN)

Circulation gives New York Times a rosy glow
(DBN)

The New York Times: The Bad News About The Good News
(DBN)

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Religion:

O'Brien statement on Wilmington bankruptcy
(DBN)

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Retailing:

Amazon.com Profit Exceeds Estimates as Online Retailer Wins Market Share
(DBN)

Celebrating A Century
(DBN)

Walmart Expects Sales Growth to Speed Up on Store Expansion
(DBN)

Companies related to Florida furniture store Hudson's in Chapter 11
(DBN)

Fed Owns Deserted Oklahoma City Mall
(DBN)

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Credit Cards:

American Express profit falls 21%
(DBN)

American Express Earnings Beat Estimates Amid Fewer Credit-Card Defaults
(DBN)

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Mass Torts:

WR Grace Sees $400 Million Gain on Bankruptcy Exit
(DBN)

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Autos:

Treasury surprises Chrysler Financial owner with news of closing
(DBN)

Chrysler: Where's The Money, Honey?
(DBN)

GM keeps an eye on struggling suppliers
(DBN)

Top execs at rescued auto firms to get 25% pay cut
(DBN)

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Bankruptcy Crimes:

Attorney Indicted By Federal Grand Jury
(DBN)

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Economy:

Leading indicators up 1% in September
(DBN)

Jobless claims dent recovery hopes
(DBN)

White House economist: Stimulus already losing steam?
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

U.S. homebuyer tax credit fraud called "disturbing"
(DBN)

Four-Year-Old Got Homebuyer Tax Credit, Treasury Says
(DBN)

Freddie Mac’s Secrecy Pacts Face Court Test
(DBN)

Report: Housing to Bottom Out in March
(DBN)

Mortgage rates up 2nd straight week: Freddie Mac
(DBN)

Court Deals Blow to Owners of Stuyvesant Apartment Complex
(DBN)

Joy and Questions Among Residents of Stuyvesant Complex
(DBN)

Buyer's remorse for Tishman, BlackRock
(DBN)

Opus Corp. restructures, CEO steps down
(DBN)

Viability of Statler plan in question
(DBN)

Calif. Campaign Against Loan Modification Misconduct Claims 3 Attorneys' Licenses
(DBN)

Douglas Swenson's lawyers cite 'errors' in DBSI report
(DBN)

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Aviation:

Delta swings to $161M loss in third quarter
(DBN)

Delta, US Airways and JetBlue report lower revenue
(DBN)

JAL Faces USD$8.8 Bln Excess Debt If Liquidated
(DBN)

Slovak charter airline Seagle Air halts flights
(DBN)

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Fraud:

Firms Scramble to Limit Damage Post-Galleon
(DBN)

Financial Regulators Will Need a Very Solid Case to Sink Galleon's Founder
(DBN)

Old Silicon Valley Intel case linked to hedge fund scandal
(DBN)

A closer look at Galleon's returns
(DBN)

Galleon Case Prompts Firms to Plug Leaks
(DBN)

Florida's Latest Ponzi Schemer May Be The Most Brazen Yet
(DBN)

Bernie's wheel of fortune
(DBN)

Chais’s Rebuttal to SEC Suit: It’s Your Fault, Not Mine!
(DBN)

Alabama Banker Testifies He Bribed Birmingham Mayor
(DBN)

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Banking:

Washington Mutual argues JPMorgan owes it $4 billion
(DBN)

How the U.S. Banking System Is Like a Pyramid
(DBN)

Judge delays ruling on WaMu turnover request
(DBN)

Capital One Financial Q3 Profit Rises
(DBN)

Wellink, Zalm Tarnished by Collapse of Netherlands' DSB Bank
(DBN)

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Rail:

Burlington Northern reports 30% profit drop
(DBN)

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Trucking:

Analysts: YRC Worldwide sector is 18% over capacity
(DBN)

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Telecoms:

Fairpoint Meeting To Discuss Possible Bankruptcy
(DBN)

FairPoint calls on unions to help avoid bankruptcy
(DBN)

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Food/Drink:

Pilgrim's Pride to seek approval on reorganization
(DBN)

City, Tavern in dueling lawsuits
(DBN)

Witness recounts culture of fraud at slaughterhouse
(DBN)

Next chapter unveils in USA Springs saga
(DBN)

Bankruptcy filing by Renwood Winery's parent called pressure tactic
(DBN)

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Lehman:

Lehman Prime Clients To Get Some Money Back
(DBN)

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Gambling:

Casino execs take offensive, back stimulus
(DBN)

Donald Trump Must Disclose Details of Bankrupt Casino Holdings
(DBN)

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Hotels:

Las Vegas hotel called a victim of bad timing
(DBN)

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Municipalities:

Taxpayer advocates host panel on Chapter 9 bankruptcy
(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 Prediction:

Bankruptcy Bust?
(DBN)

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Bankruptcy Statistics:

Regional PA bankruptcy filings on path to surpass 2008 totals by 18 percent
(DBN)

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Personal Bankruptcy:

What the 'Middle-Class' Recession Means for Bankruptcies
(DBN)

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Corporate Reform:

US Treasury: Need wind-up authority for big firms now
(DBN)

Treasury-Resolution Regime Won't Replace Bankruptcy
(DBN)

Congress moves to expand financial oversight
(DBN)

European Bank Warns on Hedge Fund Rules
(DBN)

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Compensation:

Big pay cuts ... what about Goldman?
(DBN)

Pay Cuts, but Little Headway in What Matters Most
(DBN)

Pay Czar Doubts Cuts Will Make Bankers Leave
(DBN)

Fed Will Propose Bank-Pay Guidelines, Review 28 Largest Firms
(DBN)

Obama's Pay Play
(DBN)

Wall Street Pay Cuts Stoke Debate About Obama's Reach
(DBN)

Obama assault on executive pay is lawless and wrong
(DBN)

The Fallout From Big Pay Cuts
(DBN)

Pay czar shocks corporate world
(DBN)

The feds (sort of) crack down on pay
(DBN)

Curbing Wall Street Pay, and the Corporate Boards that Set It
(DBN)

Limiting Banker Pay
(DBN)

Bank $hot by Obama pay czar
(DBN)

Varied Reactions to Feinberg's Pay Plan
(DBN)

TARP head says pay cuts for executives justified
(DBN)

Auto Executives Unlikely to Face Brunt of Pay Cuts
(DBN)

The First Draft: Executive pay crackdown
(DBN)

The Pay Czar Wants To Bridge The Gap
(DBN)

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Directories:

Bondholder wants court to strip bankruptcy control from directory publisher Idearc
(DBN)

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Health Care:

St. Mary's gets Chapter 11 extension
(DBN)

Pishkur Declines Consultant Role at Forum
(DBN)

A hospital is endangered and the silence is deafening
(DBN)

It Pays for Insurance Companies to Let Us Die
(DBN)

Sunrise granted more time to pay off bank loans
(DBN)

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Forest Products:

Jobs lost and towns squeezed as forestry gets the chop
(DBN)

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Finance:

CIT Rises in Europe as Dow Jones Reports Goldman Payment Pact
(DBN)

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UK:

UK Economy in Recession for 6th Straight Quarter
(DBN)

Economists React: 'Shocking' U.K. GDP Data
(DBN)

Banks’ Plans to Pay Back Britain Pose a Dilemma
(DBN)

Euro zone on recovery track, UK still in wilderness
(DBN)

Debt in Scotland: number of insolvencies falls
(DBN)

Deposit protection scheme leaves landlords stranded
(DBN)

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Canada:

Nortel Pension Takeover in US Hurts Canadian Workers
(DBN)

Former Nortel Workers Seek Amendment Of Bankruptcy And Insolvency Act
(DBN)

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China:

China's looming output glut
(DBN)

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Germany:

Quelle's bankruptcy to cost DHL 400 jobs
(DBN)

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