April 22, 2010

The Daily Bankruptcy News

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Law:

2009, Dreadful For So Many, Not So Bad For Some Plaintiffs’ Firms
(DBN)

High Court Rules on Attorney Fees and Lawyer Errors
(DBN)

The lodestar as gold standard - Lawyer bonus fee less likely
(DBN)

Investors to Goldman Sachs: Anything You'd Like to Tell Us?
(DBN)

It's Quinn v. Skadden in Merrill Suit That May or May Not Resemble the Goldman Case
(DBN)

Waiting Game Continues in Stanford Legal Fee Dispute
(DBN)

Was Mr. Chuck Right About Mayer Brown?
(DBN)

Lawyer found liable in business failure
(DBN)

Strategy - The Space Between AFAs and LPM
(DBN)

The Ol' Bob and Weave: Is There Anything Goldman GC Gregory Palm Isn't Telling Us?
(DBN)

Lawsuit: Scott Rothstein had plenty of help in scam
(DBN)

Deep-Pocket Investors Added as Defendants in Rothstein Investors' Lawsuit
(DBN)

Could Goldman Sachs Charges Result in Arbitration Filings?
(DBN)

After 25 Years, A Government Lawyer Changes His Stripes
(DBN)

Under the Volcano
(DBN)

Pls Hndle Thx: Dream On
(DBN)

Tips for Getting a Small Law Job
(DBN)

Update on the Georgetown Law Grad Who Sold his J.D. on Craigslist
(DBN)

Lawyering and Living for Less: Start a Firm Without Spending a Fortune
(DBN)

AG’s Deputy Leaves Office Abruptly Over Claimed Evidence-Gathering Role
(DBN)

Externship Fight Takes Center Stage at Georgetown University Law Center
(DBN)

Lawyer Finds Long-Lost LBJ Letter During ABA Section Tour
(DBN)

3 Lawyers Beat Rap re $6.5M Ransom Allegedly Sought for Stolen Leonardo da Vinci Masterpiece
(DBN)

Motorized Recliner Seized in Drunken-Driving Case Is Auctioned for $3,700
(DBN)

Transcript of OK Corral Gunfight Inquest is Found in Ariz. Jail
(DBN)

Athwart History
(DBN)

Lousy news for Connecticut drunk attorneys working in Manhattan
(DBN)

A man with beauty and brains. Pinch me. I must be dreaming.
(DBN)

Not The Best Call For The Bomb Squad
(DBN)

Your future -- lawyer infomercials & lawyer robo calls
(DBN)

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Judges:

Want Another Warren Court? Try Justice Warren
(DBN)

Justice Breyer: My Wife Is Infallible
(DBN)

Judge Warns Defendant that Satan Awaits, Bemoans Lack of Death Penalty Option
(DBN)

Obama Considering Another 7th Circuit Judge for Supreme Court
(DBN)

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Wall Street:

Stock futures mixed ahead of opening
(DBN)

Stocks, Euro Drop as European Deficits Widen; Greek Bonds Slump
(DBN)

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Brokers:

GunnAllen set to declare Chapter 11 bankruptcy : Sources
(DBN)

Coverage precluded by insolvency exclusion where claims arose out of bankruptcy of securities broker
(DBN)

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Layoffs:

Sallie Mae cuts jobs, Q1 profit trumps estimates
(DBN)

Deep School Layoffs Coming
(DBN)

Unemployment: Too Little Supply, or Too Little Demand?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Governance:

The corporate governance tug of war between company boards and shareholders is far from over
(DBN)

Delaware Supreme Court Addresses Vote Buying and Effort to Reduce the Size of a Board To Remove Sitting Directors
(DBN)

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Newspapers:

Tribune: buyout to bankruptcy
(DBN)

Philly newspapers go on auction block next week
(DBN)

Original bid withdrawn for Phila. Newspapers
(DBN)

Second largest US press publisher is a bank
(DBN)

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Lehman:

Does Dick Fuld Know How to Answer Questions?
(DBN)

Lehman Whistleblower on Ernst & Young’s Reaction to His Letter
(DBN)

Richard Fuld: Lehman Brothers Was ‘Risk Averse’
(DBN)

Few heroes in Lehman bankruptcy
(DBN)

Lehman Seeks Approval of $99 Million Millennium Deal
(DBN)

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Politics:

Should Pres. Obama return $1 million from Goldman Sachs?
(DBN)

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Corporate Reform:

Wall Street mortgage dealings under Senate probe
(DBN)

Report: Goldman's Fabrice Tourre to Testify before Senate
(DBN)

AP source: Goldman CEO to testify before Senate
(DBN)

Goldman and Finance Reform
(DBN)

Obama to call on Wall Street to get behind reform
(DBN)

Dodd reform bill would reduce US deficit
(DBN)

GOP: We're Closer than Ever to Financial Reform Bill
(DBN)

Grassley's Support of Derivatives Bill Doesn't Extend to Broader Reform
(DBN)

Why Community Banks Hate Dodd's Financial Reform Bill
(DBN)

Insurance Provisions in Senate Financial Regulatory Bill
(DBN)

Feds firm on auto dealer oversight
(DBN)

Payday lenders lobby for regulation exemption
(DBN)

NY attorney general sues state Senate leader
(DBN)

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Derivatives:

Senate committee approves controversial derivatives bill
(DBN)

Untangling the bets that snagged Wall Street
(DBN)

Senate committee OKs bill that bans movie futures
(DBN)

SEC's Schapiro: Senate Agriculture Derivatives Bill Needs to Be Stronger
(DBN)

Banks Fear Senate's Swap Desk Rules
(DBN)

Some industries cheer derivatives vote
(DBN)

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Student Debt:

Sallie Mae Posts $240 Million Net as Loan Loss Falls
(DBN)

Proposed legislation allows some student loans in bankruptcy
(DBN)

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Retailing:

Are Defaults Really Driving Retail Spending?
(DBN)

Brookfield Said to Want Flatt, Clark for General Growth Board
(DBN)

Simon Property Group Announces $1.1 Billion in New Capital Commitments for General Growth Recapitalization
(DBN)

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Theme Parks:

Bankruptcy deal may leave Ghost Town's creditors in the cold
(DBN)

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Municipalities:

Chapter 9 bankruptcy is no easy option
(DBN)

Economic Recovery through Baseball?
(DBN)

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Telecoms:

Nokia cuts phone margin outlook, shares dive
(DBN)

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Economy:

IMF: Global recovery stronger than anticipated
(DBN)

IMF says global economy to grow 4.2 pct this year
(DBN)

Senate Plan Wants Faster Deficit Reduction
(DBN)

Wall Street banks and the big lie
(DBN)

The Wall Street 'bailout' that isn't
(DBN)

Global 2000 Drop-Offs
(DBN)

Millions face tax increases under Dems budget plan
(DBN)

Why Texas is doing so much better economically than the rest of the nation
(DBN)

Handing Out Money to Stave Off Homelessness
(DBN)

Believe in Economic Recovery? It Will Come
(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:

FX Real Estate Unit Seeks Bankruptcy Court Protection
(DBN)

Bruce Karatz found guilty on stock option backdating charges
(DBN)

Calif. Sees Decline in Mortgage Defaults
(DBN)

Trulia Sees 26% Decline in Number of Listings with Price Reductions
(DBN)

Poker-Playing Sole Practitioner Is Charged in Alleged Mortgage Scam
(DBN)

How to Find the Owner of Your Mortgage
(DBN)

Fannie Mae's "Deed for Lease": Right For You?
(DBN)

Managing of AHF up to bankruptcy judge
(DBN)

CMBS Loan Defaults to Surpass 11% by Year-End, Fitch Says
(DBN)

Private-Label Securitization Market Starts to Thaw with Jumbo Prime RMBS
(DBN)

Hedge fund made money betting Americans would default on loans
(DBN)

Commercial Real Estate Recovery Uneven Across US
(DBN)

Commercial-property-backed debt has ‘violent rally’
(DBN)

Inland's Auction Puts Big Discounts on CRE Opening Bids
(DBN)

Owner of Las Vegas Strip property files bankruptcy
(DBN)

Price keeps getting lower for Cincinnati's Bartlett building
(DBN)

FDIC Sells $2bn of Structured Notes from Mixed Bag of Assets
(DBN)

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Fraud:

Goldman's Caveat Emptor Defense Mirrors UBS, Merrill
(DBN)

Obama Denies Link to Timing of SEC Case
(DBN)

Goldman CEO attacks SEC fraud charges
(DBN)

Shareholders weighing legal action
(DBN)

UBS, Goldman Boards Face Activist Grilling
(DBN)

Analogies in SEC v. Goldman Case
(DBN)

School for Scandal
(DBN)

SEC runs the risk of blowing its credibility with the Goldman case
(DBN)

Paulson reaches out amid redemption concern
(DBN)

John Paulson: Remember, I Used to Be Kind of a Loser
(DBN)

Paulson Said to Have Told ACA of Short Plans
(DBN)

Paulson: From Operator to Guru? We Knew Him When
(DBN)

Paolo Pellegrini: Duh, of Course ACA Knew We Were Planning to Short Abacus
(DBN)

Not Clear ACA Understood Paulson Role After All
(DBN)

Does Pellegrini Undercut SEC Case Against Goldman?
(DBN)

Goldman Sachs Fraud: A Flaw in the SEC's Case?
(DBN)

Should John Paulson Be Worried?
(DBN)

Goldman Sachs Dips as SEC Stands by Its Case
(DBN)

Is it time to buy Goldman Sachs?
(DBN)

Why Goldman Sachs May End in a Lehman Style Collapse
(DBN)

Read John Paulson's Take on the Goldman CDO Case
(DBN)

Goldman Sachs in Troubled Waters
(DBN)

Goldman Shifting Spotlight on Fabrice Tourre?
(DBN)

On Goldman, is it "should have" or "had to"?
(DBN)

Goldman's rendezvous with reality
(DBN)

Goldman Sachs Winners & Losers
(DBN)

Goldman Case Is Water Pistol, Not Smoking Gun: Gartman
(DBN)

Any Sympathy for the Investors Goldman Allegedly Misled?
(DBN)

Goldman's troubles to worsen as pension fund class actions loom
(DBN)

Are SEC Charges Against Goldman More Serious Than Market Understands?
(DBN)

Does Goldman case tarnish Cassandras of the crash?
(DBN)

German bank severs Goldman ties
(DBN)

Goldman: The Mystique of Indispensability
(DBN)

Commentary on the Goldman Case Turns to Contract Theory
(DBN)

55% of surveyed business leaders believe Goldman Sachs guilty
(DBN)

Waldman on Abacus
(DBN)

Did Goldman Abacus Payouts Come From AIG Bailout?
(DBN)

Capitol Investments' Chief Charged in Ponzi Scheme
(DBN)

Miami Businessman Charged In $900 Million Ponzi Scheme
(DBN)

Hecker gets to keep contents of Medina house
(DBN)

Hecker's Ex-Wife, Girlfriend At Odds
(DBN)

SEC Says It's Nailed $90M NY Ponzi Scheme
(DBN)

CA: Ponzi Scheme Alleged in Waiting Room TVs
(DBN)

Scott Rothstein: I was `stealing from the rich and giving to the richer'
(DBN)

SEC Enforcement Lawyer Who Quashed Stanford Probes Later Did Legal Work For Stanford
(DBN)

Casting a Wider Net in the Galleon Insider Case
(DBN)

Judge Tosses Investors' Madoff-Related Claims Against SEC
(DBN)

Panel Leaves in Place Ban on ACORN Funding
(DBN)

Antiguan assets give Vantis a lifeline
(DBN)

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Banking:

Morgan Stanley Climbs Most Since July After Beating Estimates
(DBN)

Wells Fargo earns $2.4B, says credit is improving
(DBN)

A conversation on banking with Simpson Thacher's Lee Meyerson
(DBN)

WaMu Shareholders Win Right to Try to Force Meeting
(DBN)

JP Morgan Bumps GE As Most Powerful Global Firm - Forbes
(DBN)

Is JPMorgan the New Lehman?
(DBN)

UBS, Credit Suisse Must Hold 30 Days of ’First Class’ Assets
(DBN)

Credit Suisse Among Banks to Settle Refco Lawsuit
(DBN)

Credit Suisse Posts Increase in Profit
(DBN)

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Gambling:

Creditors attack Station Casinos bankruptcy plan
(DBN)

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Resorts:

Yellowstone Club bankruptcy : Blixseth belongings on the auction block
(DBN)

Sale of Daufuskie Island Resort still languishing; an auction may be next
(DBN)

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Food/Drink:

Fuddruckers parent is bankrupt, to be sold
(DBN)

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Radio:

Michigan tax authority objects to Citadel's Chapter 11 Plan
(DBN)

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Hotels:

Blackstone Joins Extended Stay Bid Team
(DBN)

From Day One, Hotel Syracuse has had more than its share of financial problems
(DBN)

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Horse Racing:

Ocean Downs horse racing season in limbo
(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)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

ND bankruptcy cases up 20 percent in 2009
(DBN)

Why Seattle Made the 2009 National Bankruptcy Top 20
(DBN)

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Disclosure:

Judges Back New Bankruptcy Disclosure Rules
(DBN)

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Bankruptcy Reform:

Cantor throws wrench at Wall St. bill
(DBN)

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Mass Torts:

WR Grace posts first-quarter profit on cost cuts
(DBN)

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Insurance:

AIG leads Goldman Sachs directors and officers insurance
(DBN)

N.Y. case against Greenberg 'devastating': Judge
(DBN)

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Religion:

Abuse victims rally for bill to do with priests
(DBN)

Father Gilbert Gauthe--How It All Began
(DBN)

Suit against L.A., Mexican cardinals alleges priest abuse coverup
(DBN)

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Autos:

Detroit Automakers Signal Revival as Two Bankruptcies Recede
(DBN)

U.S. says results show auto strategies helped
(DBN)

Is Detroit Turning The Corner?
(DBN)

GM pays back government loans from US, Canada
(DBN)

Um, What about the Other Billions?
(DBN)

Are they serious? GM is paid up?
(DBN)

Why GM Remains Far From Finish Line
(DBN)

GM: U.S. may recoup all costs
(DBN)

The Taxpayer Could Make Money On GM
(DBN)

GM offers 5 more dealers reinstatement
(DBN)

Toyota Credit Rating Cut by Moody's on Weak Profit Outlook
(DBN)

Hyundai Profit Jumps Fivefold to Record on New Models
(DBN)

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Debt Collection:

Supreme Court Tells Debt-Collection Law Firm that Ignorance of Law Is No Excuse
(DBN)

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Aviation:

American Airlines parent misses estimates
(DBN)

Continental Air posts loss, hurt by snowstorms
(DBN)

Handicapping United-US Airways' advisers
(DBN)

Boeing income, revenue down in Q1
(DBN)

JAL Swaps Holders May Recover 83% After Auction
(DBN)

Japan Air Debt Valued at 18% in Initial Swaps Auction
(DBN)

JAL chief refuses to impose further cuts
(DBN)

Iceland volcano crisis will hit European airlines worse than US, experts say
(DBN)

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Accounting:

Ernst & Young Needs You to Beg Your Friends to Work at Ernst & Young
(DBN)

Elvis Fails to Make Ernst & Young Singalong Less Awkward
(DBN)

Ernst & Young Pulls Its “We Are Las Vegas” Sing-a-Long
(DBN)

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Celebs:

J-Lo's "Racy" Vids Up For Public Auction!
(DBN)

How to go from $10 million as a first-round pick in NFL draft to bankrupt
(DBN)

Detroit Pistons 'Bad Boy' Mahorn says he's broke
(DBN)

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Politics:

Goldman in the Eye of the Beholder
(DBN)

Lincoln cancels Goldman fundraiser as firm turns toxic
(DBN)

Shelby won't return Goldman money
(DBN)

Being a Populist Is Tough
(DBN)

Democrats Ask for Criminal Investigation
(DBN)

Critics Talk Up Obama's Goldman Sachs Connections
(DBN)

Obama: WH learned about Goldman Sachs suit on cable TV
(DBN)

Democrats press advantage on financial reform
(DBN)

Both Sides Decry Wall Street's Influence
(DBN)

Why The GOP Suddenly Let Up On Financial Reform
(DBN)

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Baseball:

Tom Hicks: "I'm concerned about the sale"
(DBN)

Brown: Time for MLB to Play Hardball on the Texas Rangers Sale
(DBN)

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Finance:

Angel Investors Continue to Shy Away from Startups
(DBN)

Smurfit enters ABL financing for bankruptcy exit
(DBN)

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Hollywood:

MGM bankruptcy: lion's roar has long been a whimper
(DBN)

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Cross-Border:

“Comity Is Not Just A One-Way Street”
(DBN)

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UK:

Regulator risks its reputation, insolvency profession warns
(DBN)

390 People per Day Become Insolvent
(DBN)

UK Businesses Fight For Recovery
(DBN)

‘Corporate Undertakers’ saved nearly 2 million jobs in 2009
(DBN)

Portsmouth reveals debts as it tries to emerge from bankruptcy protection
(DBN)

Brown: Recovery More Fragile Than Expected
(DBN)

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EU:

Banks Punished in Swaps as Industrial Gap Soars
(DBN)

Why we need a resolution authority for Europe's banks
(DBN)

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Greece:

France Readies Cash as Greek Talks Begin
(DBN)

Greece's Borrowing Costs Hit New High
(DBN)

Greek Workers to Strike Today as Papandreou Faces Bond Rout
(DBN)

Greek Math Adds Up to Delusion, Disaster, Default
(DBN)

Meltdown Greek Style
(DBN)

Greek pensions and salaries go into IMF's jaws
(DBN)

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Canada:

Flaherty calls bank tax excessive, arbitrary, punitive
(DBN)

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Australia:

Australia Will Continue Leading Global Rate Cycle, IMF Says
(DBN)

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Netherlands:

DSB bankruptcy research 'not according to the rules'
(DBN)

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Estonia:

Estonia proposes debt protection laws
(DBN)

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