September 23, 2009

The Daily Bankruptcy News

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Law:

Chrysler Fee Watch
(DBN)

Judge Labels Lawyer’s Motion Nearly Incomprehensible, Marks Up Errors
(DBN)

Harvard, NYU Law Students Left Hanging as Firms Slash Offers
(DBN)

Rush on to help clients who 'forgot' about Swiss stashes
(DBN)

Working Mother Puts Four Law Firms on Its List of 100 Best Companies
(DBN)

What constitutional rights should corporations have?
(DBN)

Corporations aren't people yet
(DBN)

NY MegaFirm Practice Leader Defects to "Bullish" Rival
(DBN)

A Win-Win-Win Situation: Deferred NY BigLaw Associates Will Handle Trials for Brooklyn DA
(DBN)

Legal Departments Thinning Their Law Firm Herds
(DBN)

Electronic Trail Reveals Lawyer Resumé Lies, Costing Job Opportunities
(DBN)

Legal departments don't expect action from law firms, just "open discussions"
(DBN)

Time to Step Up: In-House Lawyers Have a Role in Reforming Exec Pay
(DBN)

K&L Gates Tells Lawyers to Go Incognito During G20 Summit
(DBN)

Clifford Chance: Revenue Problems in the New World
(DBN)

Summer Fling, Don’t Mean a Thing?
(DBN)

U.S., Accused Bear Managers Battle Over Evidence
(DBN)

FRCP Changes on the Horizon
(DBN)

Lawyers Donate Toilet Paper to Inmates at Cash-Strapped Lockup
(DBN)

After $40K Legal Battle, Judge Gives Fractured Couple Joint Custody of Pet Pug
(DBN)

Law Prof Says Students Should Be Forewarned About Practice Perils
(DBN)

Law Students Face New Responsibilities in Career Building
(DBN)

Prosecutors Defend False Testimony as 'Truthful, but Inaccurate'
(DBN)

Legal Business Development via Twitter: The Challenge
(DBN)

Where to Focus With Social Networking
(DBN)

Scandal Catapults ‘Good Wife’ Into New Job as Law Firm Associate
(DBN)

Speed Dater Says TV Show Humiliated Him
(DBN)

Bank Sends Sensitive E-mail to Wrong Gmail Address, Sues Google
(DBN)

Say What?!
(DBN)

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Judges:

Justice Sotomayor to Throw First Pitch at Yankees Game
(DBN)

New stamps for 4 Supreme Court justices
(DBN)

High Court Docket Could Hold Big Surprises
(DBN)

The Judge Unloads on the Lawyers
(DBN)

Judicial Pay: Is There a Crisis Coming?
(DBN)

Trial of Blogger Who Threatened 7th Circuit Judges Moves to N.Y.
(DBN)

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Wall Street:

Stock futures signal flat to higher start, Fed eyed
(DBN)

World markets mixed as months long rally sputters
(DBN)

How the Financial Crisis Reshaped Morgan Stanley
(DBN)

Union Chief Leads Protest of Wall St. ‘Apostles of Greed’
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Is double-digit unemployment here to stay?
(DBN)

California Joblessness Hits 70-Year High
(DBN)

AIG Has Cut 10,000 Employees This Year on Unit Sales, Firings
(DBN)

GM suppliers to cut 643 jobs when Spring Hill plant closes
(DBN)

Pratt Decision: 1,000 Face Job Loss
(DBN)

The Illinois Department of Corrections is scheduled to lay off 419 workers
(DBN)

Why the U.S. faces a jobless recovery
(DBN)

Will Job Market Turn Around Sooner Than Expected?
(DBN)

Graduate Scores in Sandwich-Board Job Hunt
(DBN)

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Defaults:

Credit Markets: The Default Deluge
(DBN)

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Agriculture:

Waving the Yellow Flag
(DBN)

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Aviation:

With friends' help, American Airlines has ended bankruptcy watch
(DBN)

Airlines employ 5.9% fewer workers in July
(DBN)

The incredible shrinking airline industry
(DBN)

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Debt Collection:

Bad-Debt Prices Down More Than Half
(DBN)

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Shipping:

Too Many Ships Destined for the Seas
(DBN)

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Fraud:

California sues Madoff 'middleman' Chais for fraud
(DBN)

Prosecutors say half of Bernie Madoff's investors lost nothing in Ponzi scheme
(DBN)

Madoff investors' security may have been breached
(DBN)

Madoff Prosecutors May Hire Picard to Help Distribute Assets
(DBN)

Finra Board Said to Debate Releasing Report on Madoff , Stanford
(DBN)

Some Bernard Madoff clients did well
(DBN)

Bernard Madoff , Adam Smith, and capitalism's moral crisis
(DBN)

Stanford Receiver Seeks Federal Court Permission to Sell Financier's Yacht
(DBN)

Now Jerry Brown Hopes Madoff Will Propel Him To CA Governorship
(DBN)

BofA's Ken Lewis to join other fraudsters?
(DBN)

Nemazee Indictment: Robbed from Banks to Give to the Dems
(DBN)

Arrividerci, Acorn
(DBN)

GOP lawyers demand investigation into ACORN's funding
(DBN)

ACORN names former Mass AG its investigator
(DBN)

'Cash Flow Institute' a Fraud, Texas AG Says
(DBN)

Credit Suisse Hedge-Fund Suit Alleging Fraud Is Revived by Appeals Court
(DBN)

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Food/Drink:

Labor Showdown May Loom at Tavern on the Green
(DBN)

TGI Fridays outlets close with Alizadeh's money woes
(DBN)

Jack in the Box bankruptcies put California worker lawsuit in limbo
(DBN)

Pay-what-you-like restaurants
(DBN)

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Hockey:

Creditors' lawyers poke judge to hurry up and decide
(DBN)

Coyotes fans tire of Gretzky's bumbling ways
(DBN)

Where's Wayne?
(DBN)

______________

Ethanol:

Nasdaq threatens to delist Pacific Ethanol
(DBN)

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Economy:

U.S. economy at "beginnings" of recovery: Geithner
(DBN)

Obama to push for new economic world order
(DBN)

Fed likely to leave economic supports in place
(DBN)

Consumer Spending Drops on All Incomes
(DBN)

Will US repeat mistakes of 1937?
(DBN)

What The World Eats
(DBN)

At Current Pace, Stimulus Won't be Fully Tapped For Another Two Years
(DBN)

Capitalism faces moral crisis
(DBN)

Emphasis on Growth Is Called Misguided
(DBN)

Census Data Show Recession-Driven Changes
(DBN)

IMF points to 'long-lasting scars'
(DBN)

Clout fading for U.S. at Group of 20 summit
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

Home Prices Rise 0.3% in Sign of Halting Rebound
(DBN)

More than 15% Spend $2,000 in Monthly Housing Costs: US Census
(DBN)

Mortgage Approvals Up 81 Pct Y / Y In Aug
(DBN)

Commercial Property Prices Slip 5% in July: Moody's
(DBN)

Lehman, SunCal Battle in Court for California Luxury Home Sites
(DBN)

House Prices Won't Return to Peak Until 2020: Moody's Analyst
(DBN)

Prices Fall, but Housing is Less Affordable
(DBN)

MBIA Insurance Sues IndyMac
(DBN)

Developer files for bankruptcy to finish condos near Staples Center
(DBN)

Who's Owns Your Mortgage? "Produce The Note" Movement Helps Stall Foreclosures
(DBN)

New Web Site Facilitates Short Sales
(DBN)

Landmark decision promises massive relief for homeowners and trouble for banks?
(DBN)

Taylor, Bean & Whitaker, Freddie Mac hammer out agreement
(DBN)

Delayed Foreclosures Stalk Market
(WSJ: separate paid subscription required)

The Furry Side of Foreclosure
(DBN)

Lenders take over site of planned redevelopment project on Lovers Lane in Dallas
(DBN)

Real Estate Bargains: High-End Homes
(DBN)

A bittersweet end to Reichmann's Canary Wharf saga
(DBN)

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Banking:

Private Equity Still Attracted to Failed Banks
(DBN)

Bank of America, JPMorgan overhaul overdraft fees
(DBN)

Financial Regulators All Bowed to Banks Before Failures
(DBN)

Is the FDIC Banking on a Bailout?
(DBN)

Sheila Bair Would Rather Eat Worms Than Ask Tim Geithner for Help
(DBN)

In response to a subpoena, Bank of America drops a pile of useless e-mails on a congressman's desk.
(DBN)

Rep. Towns eyes taking BofA to woodshed
(DBN)

Bank of America to Give Congress More Documents
(DBN)

Will legal woes finally lead to the end of Ken Lewis' reign of terror?
(DBN)

G-20 Is Urged to Raise Bank Reserves
(DBN)

FDIC saw risks at IndyMac in 2002 but failed to act
(DBN)

Wells Fargo CEO, John Strumpf, Predicts More Losses from Troubled Loans in Q4
(DBN)

Deutsche Bank spy saga grows
(DBN)

______________

Autos:

Job Cuts in the Car Industry
(DBN)

Visteon asks bankruptcy court for more time
(DBN)

Report: Fiat Wants To Turn Chrysler Into Luxury Brand
(DBN)

General Motors Dealers Guarantee They Want No Part Of The Guarantee
(DBN)

GM to add shifts at 3 US plants
(DBN)

Massive pension shortfall hits Ford
(DBN)

Germany to escape brunt of Opel job cuts
(DBN)

______________

Finance:

Turning to Junk to Stay Execution
(DBN)

Lockbox is Losing its Luster
(DBN)

______________

Derivatives:

Schapiro: Derivatives should be treated like stock
(DBN)

Derivatives Could be Next Meltdown
(DBN)

______________

Hedge Funds:

SEC to Seek More Info From Hedge Funds
(DBN)

Vicis Freezing Money Amid Redemption Flood
(DBN)

______________

Bankruptcy Crimes:

Wis. man sentenced for hiding transactions
(DBN)

2 plead not guilty to bankruptcy fraud charges
(DBN)

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Golf:

Georgetown Country Club: Bankruptcy Filing Indicates Problems with Economy as a Whole
(DBN)

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Gambling:

Some analysts skeptical of Fontainebleau deal
(DBN)

______________

Tax:

UBS to Tell Americans if They are Being Probed
(DBN)

IRS Audits: Coming to a Company Near You
(DBN)

Tax Authorities, Looking For Cash, May Push Transfer Pricing To Front Burner
(DBN)

IRS challenge to Cubs sale might add to Tribune Co. liability
(DBN)

______________

Health Care:

The Machine That's Bankrupting America
(DBN)

What's an Affordable Premium for You?
(DBN)

______________

Municipalities:

No more California dreamin': State's six key industries all in big trouble
(DBN)

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Politics:

Democrats warm to once-toxic $700B bailout of Wall Street
(DBN)

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SPEs:

General Growth Properties and the Boundaries of Bankruptcy Remoteness
(DBN)

GGP Opinion Leaves Unanswered Questions
(DBN)

______________

Ratings Firms:

Congress Takes On Ratings Firms
(WSJ: separate paid subscription required)

Moody's accused of issuing inflated ratings
(DBN)

______________

Finance:

SBA to Ease Limits on Loans for Buyouts
(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 Reform:

Student Loan Bailout: House Hearing on Discharging Student Debts in Bankruptcy
(DBN)

Undue Hardship? Discharging Educational Debt in Bankruptcy - Hon. Danny K. Davis - Lauren Asher - Rafael I. Pardo - J. Douglas Cuthbertson - Brett Weiss
(DBN)

Is Chapter 11 Bankruptcy Working? - Jay Westbrook - Barry Adler - Lawrence Gottlieb
(DBN)

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Bankruptcy Statistics:

Bankruptcy Filings Approach 2005 Highs
(DBN)

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Bankruptcy Litigation:

Judge Denies Dismissal of Magna Creditors Lawsuit
(DBN)

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Financial Literacy:

The Business Case for Financial Literacy
(DBN)

For Kids, a Chance to Learn Millionaire Habits
(DBN)

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Insurance:

AIG: Financial Winners and Losers
(DBN)

Traders Seek Fortune in AIG
(WSJ: separate paid subscription required)

Contemplating A US Insurance Super-Regulator
(DBN)

______________

Accounting:

Ernst & Young settles Akai case
(DBN)

The Accountants Plug at the Emmys Is Made Watchable
(DBN)

______________

Corporate Reform:

U.S. Hopes for Global Accord on Financial Reforms
(DBN)

SEC Chief is Wary of Boosting Treasury’s Role
(DBN)

What the SEC Might Look Like If It Did Its Job
(DBN)

SEC warns swaps may evade White House reform
(DBN)

CFTC Chief Wants Oversight of Derivatives
(DBN)

There Are No Villains in Financial Crises
(DBN)

______________

Fashion:

No Ecko comeback
(DBN)

______________

M&A:

Acquisitions: A Great Shareholder Rip-off??
(DBN)

______________

Private Equity:

A Financier Peels Back the Curtain
(DBN)

______________

Compensation:

CEOs continue to rake in the cash
(DBN)

Will Ken Lewis Ever Thank Taxpayers For That $100 Million Personal Gift?
(DBN)

Bank Pay Controls Aren't the Answer
(DBN)

______________

Hotels:

Extended Stay Hotels' Deals With Lenders to Be Probed
(DBN)

______________

Personal Finance:

Recession dating: "It's a bit difficult to impress a girl right now. You have to be creative.'
(DBN)

______________

Education:

University Funds Report Steep Investment Losses
(DBN)

______________

Credit Cards:

Minimum Payments Help the Credit Card Industry
(DBN)

Debtor's revolt: Consumer takes her fight on credit card interest rate hike to YouTube, and wins!
(DBN)

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Religion:

New suits say FBX Diocese hid assets
(DBN)

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Debt Collection:

Nearly 450 Collection Firms, Creditors Sued In Early September
(DBN)

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Movies:

Weinsteins' splice
(DBN)

______________

Oil/Gas:

SemGroup's producers settlement tops $300 million
(DBN)

______________

Lehman:

Fuld Deserves What He Got, Not Our Tears
(DBN)

Lehman facing 16,000 claims at deadline
(DBN)

______________

Corporate Governance:

More Angry Investors Say, Throw the Boards Out
(DBN)

______________

Retailing:

Rite Aid's Rally Hits the Skids - Listed as one of the companies with the highest probability of filing for bankruptcy in the next 12 months
(DBN)

Are Rite Aid, Macy's Bankruptcy -Bound?
(DBN)

Taubman Writes Down NJ, Virginia Shopping Centers
(DBN)

Taubman Will Relinquish Atlantic City Shops to Lender
(DBN)

Positive Housing Data Hasn't Reached Lowe's
(DBN)

Shoppers snap their wallets shut after back-to-school purchases
(DBN)

______________

Baseball:

Sam Zell's dodgy sale of the Chicago Cubs
(DBN)

______________

UK:

Tunbridge Wells the 'debt capital of Europe'
(DBN)

Migrants cash in on insolvency laws
(DBN)

King, Miles Opt for Consensus in Unanimous BOE Vote
(DBN)

______________

EU:

EU to unveil tougher financial supervision
(DBN)

EU Financial Watchdog to Rely on Moral Authority
(DBN)

______________

Canada:

Canada's Arclin files reorganization plan in US court
(DBN)

Credit losses to ease: CIBC
(DBN)

Job-deprived students find life 'more precarious'
(DBN)

Key Canadian Consumer Bankruptcy Reforms
(DBN)

Lacroix sends letter of apology
(DBN)

______________

Russia:

Collecting Debts In Russia - The Reality
(DBN)

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