April 12, 2010

The Daily Bankruptcy News

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Law:

Cravath back from the brink with core clients and restructuring bolt-on
(DBN)

Will the Tribune Settlement Bypass Brown Rudnick?
(DBN)

DLA Piper Hires Former Business School Dean as Consultant
(DBN)

817 Days, Now They Can Breathe Again
(DBN)

Kelley Drye Drops De-Equitization Policy for Older Lawyers, Says EEOC Wanted Change
(DBN)

Willkie Farr: Defers Incoming Associates to 2011, 3Ls Pissed by Late Notice
(DBN)

US firms’ 2009 London financials highlight depth of market woes
(DBN)

Clifford Chance overhauls bonus system in move away from billable hours focus
(DBN)

Toyota Litigation Consolidated Before U.S. District Judge in Santa Ana, Calif.
(DBN)

Does Toyota Cheat in Lawsuits?
(DBN)

Are Ruden McClosky's Troubles Due to Its 'Nice Guys' Firm Culture?
(DBN)

Elvis Impersonations Draws Reprimand
(DBN)

Cravath, Dewey in Convenience Store Wars
(DBN)

Up in the Air: Who'll Get the Work in Potential United-US Airways Merger?
(DBN)

Firms Staffed Up and Ready for Health Care Work
(DBN)

MoFo Gets Diversity Points With New Crop of Firm Leaders
(DBN)

UK firm's accounts reveal 40% cash drop-off amid corporate slowdown
(DBN)

Sanction Recommended Over Missed Discovery Deadline in Ex-Holland & Knight Partner's Suit
(DBN)

Why I Don’t Trust Them Foreigners
(DBN)

Conflict of interest decision reflects 'changing landscape of legal practice'
(DBN)

The Lawyers Who Rule the Masters and Augusta National
(DBN)

Lawyer Ads May Get Protection at Calif. High Court
(DBN)

Paralegal Gets Probation in Manslaughter Resulting from Law Office Fray
(DBN)

Law Firm Employee Charged with Stealing Clients’ Identities
(DBN)

Business Law Prof Outsources Grading to Private Company
(DBN)

Corporate General Counsel Puts Fear of God into Legal Educators (And You Should Be Worried Too)
(DBN)

Virtual Assistants and Ethics Considerations
(DBN)

The In-House Perspective on Law Firms Using Client Products
(DBN)

And Now for Something Completely Different: The Future of Legal Education
(DBN)

Sword Attack Claim Does Not Cut It; 'Abandonment' Wins Divorce
(DBN)

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Judges:

Justice John Paul Stevens announces his retirement from Supreme Court
(DBN)

Stevens Cites Hopes Successor Will Be Confirmed ‘Well in Advance’ of Next Term
(DBN)

Obama promises quick court replacement for Stevens
(DBN)

Supreme Court battle is likely to get ugly
(DBN)

GOP promises 'whale of a fight' if Obama court pick 'too liberal'
(DBN)

GOP Isn't Spoiling for Supreme Court Fight
(DBN)

Man of Moderation: Last Justice of ‘Greatest Generation,’ Says Farewell
(DBN)

Justice John Paul Stevens is the model for why empathy matters
(DBN)

Why the next justice won't be like William Brennan
(DBN)

As the Court Shifted Right, Stevens Kept His Place
(DBN)

Stevens' Departure Leaves Big Shoes to Fill at High Court
(DBN)

Fellow Justices Say Goodbye to Stevens, Citing His Intellect and Personal Strengths
(DBN)

Stevens Resignation Reaction: From Pelosi to Schlafly
(DBN)

Memories of Justice John Paul Stevens From His Former Clerks
(DBN)

"Stevens spoke little about his family's ordeal, but it surely helped inspire a lifelong faith in the fairness of judges and the courts."
(DBN)

One Man, Two Courts
(DBN)

Front-runners & Dark Horses to Replace Stevens
(DBN)

Legal Heavyweights List Less Obvious Picks to Replace Stevens
(DBN)

Women Reflect on Role at the Supreme Court
(DBN)

Sandra Day O’Connor on the Supreme Court
(DBN)

Why isn't there an economist on the Supreme Court?
(DBN)

Study Finds Obama's Judge Picks More Diverse Than Bush's
(DBN)

Judge tells residents to "Arm themselves"
(DBN)

______________

Courts:

Is a Texas Court's Requirement to File Exclusively Through LexisNexis a RICO Violation?
(DBN)

_____________

Wall Street:

Stock futures signal gains
(DBN)

The Dow's up but trades are scarce, worrying bulls
(DBN)

U.S. stock market to be steered by earnings
(DBN)

Investors' Biggest Mistake Was Trusting Wall St.
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Celebs:

Foreclosures Hit Rich and Famous
(DBN)

Ex-NBA Star Derrick Coleman Files For Bankruptcy
(DBN)

Dykstra Strikes Back At Bankruptcy Judge
(DBN)

Smith estate appeals ruling on oil fortune
(DBN)

______________

Credit Reporting:

As a Hiring Filter, Credit Checks Draw Questions
(DBN)

______________

Lehman:

Behind Lehman's collapse, an inner circle of greed
(DBN)

Judge Rules for Lehman in Sale Case
(DBN)

Lehman to court: Barclays received secret discount
(DBN)

Lehman Repo 105 Lawsuits Begin
(DBN)

Ex-Lehman executives, auditors sued for misleading investors
(DBN)

______________

Radio:

Regent bankruptcy ruling coming Monday
(DBN)

______________

 

 

Economy:

Recovery to Remain Sluggish into 2010
(DBN)

US Bailout Cost May be Just $89B
(DBN)

Fannie Mae and Freddie Mac will require more aid, Financial Crisis panel told
(DBN)

Older America Made Recession Look Better
(DBN)

Fed Had 'Misgivings' About Friedman's Goldman Stock, Towns Says
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

As Mortgage Rates Go Up People Are Backing Out Of The Housing Market
(DBN)

Former Fannie Mae chief says failure was inevitable
(DBN)

US MBS reinvestment issue "overblown," Pimco says
(DBN)

Obama administration's foreclosure plan not enough
(DBN)

Former Merrill Lynch Executive Forced to Declare Bankruptcy Just to Keep a $14 Million Roof Over His Head
(DBN)

Ex-Fannie execs: Greed at heart of housing mess
(DBN)

Buying a home is harder than it used to be
(DBN)

The Rich Are Different: They Default More Often
(DBN)

Don’t Bet the Farm on the Housing Recovery
(DBN)

N.Y. Backs Remorseful Buyers at Rushmore Tower
(DBN)

Hearing set on Orleans bankruptcy financing
(DBN)

USA Capital case to bring more trials
(DBN)

Bankruptcy Court throws out one RJ York bankruptcy
(DBN)

Lake Las Vegas to leave bankruptcy in two months, official says
(DBN)

Bankrupt Lake Las Vegas targeting former investors
(DBN)

Still time to get that $8000 homebuyer tax credit
(DBN)

Fremont Bankruptcy Reaches Final Phase
(DBN)

_____________

Tax:

IRS Launches Global Tax Program Targeting 'High Wealth Individuals'
(DBN)

Foreclosed? Here comes the tax man
(DBN)

Severance Payments: Court ruling could mean refund for many businesses
(DBN)

______________

Corporate Reform:

Fannie Mae's ex-leaders grilled
(DBN)

Fannie's Mudd: No Contrition Here
(DBN)

Fannie Mae portrayed as villain and victim at hearing on subprime crisis
(DBN)

Fannie faced 'horrible alternatives'
(DBN)

No portfolios for future GSEs - former regulator
(DBN)

Financial Crisis Inquiry Commission a rare case of bipartisanship
(DBN)

______________

Financial Literacy:

Working Financial Literacy Into the Classroom
(DBN)

______________

Mass Torts:

Jailed Fen-Phen lawyer files new appeal
(DBN)

______________

Tax:

Value Added Tax Won't Be Alternate For Fed Income Tax – It'll Be Both
(DBN)

Tax Audits of Big Business Are Declining, Study Says
(DBN)

Obama must abandon his tax pledge
(DBN)

It's tax time but for nearly half of Americans who don't pay it's no big deal
(DBN)

______________

Resorts:

Tamarack Resort may be surrendered
(DBN)

______________

Bankruptcy Crimes:

Wayzata Woman Charged with Making a False Statement in Hecker Bankruptcy Case
(DBN)

______________

Environmental:

Cleanup delayed after Lyondell bankruptcy
(DBN)

______________

Theme Parks:

Six Flags not just coasting
(DBN)

______________

Banking:

South Carolina Bank Becomes 42nd to Fail This Year
(DBN)

US Faults Regulators Over WaMu Failure
(DBN)

Major US banks masked risk levels
(DBN)

Consumers Hold the Cards as Bank Seek Their Trust
(DBN)

UBS predicts increased profits
(DBN)

Bankers: Reforms may limit consumer
(DBN)

_____________

Mail:

GAO: Postal Service business 'not viable'
(DBN)

______________

Theater:

Pasadena Playhouse working on bankruptcy filing
(DBN)

______________

Religion:

New Sex Abuse Case Could Put L.A. Archdiocese in a Tight Spot
(DBN)

Diocese's lay workers fear for their pensions
(DBN)

______________

Credit Counseling:

Crackdown on debt schemes needs a push
(DBN)

______________

Finance:

Lenders more amenable to altering manufacturer loans - Banks don't want to be stuck with 'illiquid' assets
(DBN)

______________

Accounting:

A Repo 105 World Will Raise the US Cost of Capital
(DBN)

______________

Corporate Governance:

Are Delaware Courts "Losing" Cases on Delaware Corporate Law Filed Elsewhere
(DBN)

______________

Gambling:

Wynn Resorts not interested in Revel casino
(DBN)

Rendell baffled by Wynn's casino reversal
(DBN)

'Blindsided' by Wynn, Foxwoods investors say
(DBN)

Is Philly's Loss Atlantic City's Gain?
(DBN)

Off-track betting stalled in NYC
(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)

Seminars
(DBN)

______________

Autos:

Chrysler Restructuring Showing 'Positive' Results, CEO Says
(DBN)

GM, Chrysler Bankruptcy Forced Brother to Return to India
(DBN)

Ford using profits to retool, catch GM, Toyota overseas
(DBN)

Toyota Might be Slapped with Second Fixes Fine by US Agency
(DBN)

State Farm Wants Toyota to Pay for Accidents
(DBN)

______________

Depositions:

Hold The Phone
(DBN)

______________

Fraud:

Rothstein’s Business Partner Files For Chapter 7
(DBN)

Restaurateur Tony Bova falls victim to Rothstein Ponzi scheme
(DBN)

Rothstein Fallout: Bye Bye Boca Bova Restaurants
(DBN)

Madoff Trustee Reports $1.5 Billion Found for Victims of Fraud
(DBN)

Jewels to Tamitha, debts to Denny
(DBN)

______________

Aviation:

A United, US Airways deal lacks luster: analysts
(DBN)

Airline mergers would dwarf solo-flyer Continental
(DBN)

Continental May Top US Air as Stronger United Partner
(DBN)

Note to US Airways: Fix Labor Problems First
(DBN)

United, US Airways Talks at Key Juncture
(DBN)

Union Blood Boils Over Rumored Airline Deal
(DBN)

A toxic flight plan
(DBN)

Spanish airline goes bankrupt
(DBN)

Indochina Airlines' bankruptcy suspicions expand
(DBN)

______________

Golf:

Southridge Golf Club files for Chapter 11 bankruptcy
(DBN)

Seven Falls lands deep in rough
(DBN)

______________

Hollywood:

Meet Ron Durkin, the new trustee in the Bergstein bankruptcy case
(DBN)

______________

Newspapers:

Tribune Co. Not out of the Woods Yet in Bankruptcy Case
(DBN)

Tribune-creditor pact only delays legal battle
(DBN)

Tribune Officers Got 'Incentives' for Buyout Vote
(DBN)

Philly newspaper lenders denied review of bid rule
(DBN)

Major Pessimism Among Journalists
(DBN)

______________

Municipalities:

LA utility at center of city's financial meltdown
(DBN)

'We Have Been Lied to Directly,' Says Garcetti of LADWP
(DBN)

Bankruptcy : LA's best option?
(DBN)

Incinerator project burns up Pa. capital's cash
(DBN)

______________

Health Care:

St. Vincent's Hospital in Manhattan closed; on verge of bankruptcy
(DBN)

Northwoods Health Systems maintains bankruptcy protection
(DBN)

Three years after filing for bankruptcy , Auburn hospital posts record profits
(DBN)

Loudoun opposes Erickson Retirement Communities' effort to exit bankruptcy
(DBN)

Bankruptcy filing hasn't hurt patient care
(DBN)

______________

Student Debt:

How a New Generation Can Avoid Getting Bankrupted by Student Loan Payments
(DBN)

______________

Consumer Credit:

Interest Rates Have Nowhere to Go but Up
(DBN)

Rates Are Going Up: What's It Mean For You?
(DBN)

______________

UK:

UK arm of Reader's Digest rescued from bankruptcy
(DBN)

______________

EU:

Germany Said to Accept Compromise on Loan to Greece
(DBN)

ECB's Trichet says Greece bankruptcy not in discussion
(DBN)

______________

Canada:

Do the bankruptcy Canada surplus income rules discriminate against women?
(DBN)

______________

Greece:

European Nations Offer $40 Billion to Greece
(DBN)

Greece says has not asked for activation of EU/IMF aid mechanism
(DBN)

Fitch cuts Greece rating to just above 'junk'
(DBN)

IMF: Deflation is Greece's Only Option
(DBN)

Euro Rises After Greece Wins $61 Billion Aid Pledge From EU
(DBN)

Greek premier George Papandreou shows coolness under pressure
(DBN)

Greece in loan cost spiral
(DBN)

Greece: Argentina, Uruguay, or Twin Engine Plane?
(DBN)

______________

China:

China posts first trade deficit in six years
(DBN)

China's Bank Lending Cools, Easing Overheating Risks
(DBN)

GM Expects China Sales to Reach Three Million by 2015
(DBN)

______________

Japan:

Financial analysts warn Japan's economy at risk of bankruptcy
(DBN)

______________

Argentina:

Argentine Leader Predicts Success on Bond Dispute
(DBN)

______________

Ireland:

Toxic Anglo has poisoned everything it touched
(DBN)

______________

 

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