April 28, 2010

The Daily Bankruptcy News

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Law:

WilmerHale Takes "Centralization" to the Next Level
(DBN)

What’s Up with Winston? An Update
(DBN)

How you look at it - partners and associates see the future differently
(DBN)

Goldman's Go-To Abacus Firm: McKee Nelson
(DBN)

SEC Brings BigLaw Team of its Own to Goldman Fight
(DBN)

Rodge Cohen Warns Against 'Giant Squid Syndrome' as Senators Take on Goldman
(DBN)

Still More BigLaw in Goldman Fraud Suit
(DBN)

Levin Grilling Blankfein Means Clash of Harvard Law Standouts
(DBN)

Steve Susman, meet Steve Susman
(DBN)

Greenberg Traurig Accused of Malpractice by Former Client
(DBN)

Mayer Brown Not Liable for Losses of Refco Investors, 2nd Circuit Decides
(DBN)

BigLaw Firm, Client Win Appeal of $4.3 Million Sanction
(DBN)

Sidebar-Plus Associates Heading Back to Skadden
(DBN)

N.J. High Court Weighs Disbarment for Partner Who Kept $50,000 Gift From Client
(DBN)

Recession Has Some Firms Rethinking Growth Strategies
(DBN)

Is Orrick Shopping Around for a U.K. Merger?
(DBN)

‘Massive Foul-Up’ Delays Ethics Hearing for Lawyers Caught in Conrad Black Maelstrom
(DBN)

“Big Time Lawyer” Kills Crazy Eddie Movie
(DBN)

Goldman Sachs Lawyer Advises Long Pauses, Rambling Answers
(DBN)

Rothstein firm COO charged with money-laundering conspiracy
(DBN)

All Rise for Air Guitar Judge Adam Liptak
(DBN)

Two More Partners Bolt Firm in Wake of Wave of Defections
(DBN)

Attention Lawyers: Time to Tighten Up Those Arbitration Clauses
(DBN)

Ex-Toyota Lawyer Explains Split with His Counsel: I Wanted to Go to Trial
(DBN)

Billionaire Harvard Alum’s Big Bucks to Help 10 Law Grads Get Public-Interest Jobs
(DBN)

Law Prof Sees Parallels Between Tuition Hikes and Subprime Mortgage Bubble
(DBN)

The Next Bubble: Law School Tuition
(DBN)

A Law Professor’s Scattershot Attack
(DBN)

Lawyer Holds Boot Camps to Teach Secrets of Debt Collection Litigation
(DBN)

Columnist: Stop Laughing at Lawyer Jokes
(DBN)

What Can Happen To You If You Don't Hold The Door Open For A Lady?
(DBN)

Lawsuit: Hotel Obliged Guest's Requests For Whites-Only Service
(DBN)

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Judges:

US Judge Rejects Guidant Deal on Defibrillators
(DBN)

Getting His Clerkship - How Winning a Coin Flip (Among Other Things) Led John Paul Stevens to Become a Law Clerk to Justice Wiley Rutledge
(DBN)

Selecting Stevens’ Successor - Politics recedes as a critical factor
(DBN)

The Ivy League, on Wall Street or the Supreme Court
(DBN)

WilmerHale Partner Is First Openly Gay Man Nominated to US Appeals Court
(DBN)

Judge Who Ordered Rape-Victim Polygraphs May Be Reconsidering
(DBN)

Judge Not Thy Neighbor
(DBN)

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Wall Street:

Stock Futures Signal Pause After Sell-Off
(DBN)

Stocks Resume Fall on Fears Over European Debt Crisis
(DBN)

Stocks Tumble After Greek Debt Is Downgraded
(DBN)

World markets plunge as euro debt crisis intensifies after S&P downgrades
(DBN)

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Brokerages:

GunnAllen files for bankruptcy protection
(DBN)

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Layoffs:

US Factory Jobs Not Coming Back
(DBN)

Unemployment challenges Obama's economic storyline
(DBN)

Unemployment Pushes Workers to Retirement
(DBN)

Law firm bringing 187 jobs to southwest Ohio
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Lehman:

Lehman Executives Didn't Conceal Barclays Profit
(DBN)

Lehman ex-president: no secrets in asset valuation
(DBN)

Lehman Judge Rules Barclays Can Obtain Some Documents
(DBN)

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Corporate Reform:

Financial Debate Blocked Again by Senate Republicans
(DBN)

Dodd Bill Would Allow Fed To Hide Its Spending
(DBN)

Goldman Executives Defend Company's Actions but Endorse Greater Transparency
(DBN)

There's no excusing Goldman Sachs' actions, or GOP senators' reluctance to enact reforms
(DBN)

Senator Ensign Asks for Viniar’s Help on Financial Reform
(DBN)

A Bank Tax as Insurance for Us All
(DBN)

Financial reform's big unknowns
(DBN)

Republican Alternative To Democrats' Financial Overhaul Takes Shape
(DBN)

Dodd eyes congressional input in taxpayer bailouts
(DBN)

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Autos:

Ford $2.1 Billion Net May Be Year's Best as Costs Start to Rise
(DBN)

Trustee Hounds Hecker For More Assets
(DBN)

Ford's hurdle now is high debt
(DBN)

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Aviation:

UAL, US Air Losses Narrow on Global Traffic, Fares
(DBN)

Europe Details Airline Recovery Plan
(DBN)

Struggling JAL to cut 45 more routes
(DBN)

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Municipalities:

Harrisburg, Pa., Weighs Bankruptcy
(DBN)

Harrisburg Seeks 'Least Worst' Path
(DBN)

Saint-Étienne, France: The City That Got Swapped
(DBN)

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Horse Racing:

MEC Reorganization Plan Approved by Judge
(DBN)

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Radio:

Regent Exits Bankruptcy
(DBN)

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Economy:

Consumers Gain Confidence as Job Outlook Picks Up
(DBN)

Panel on Federal Debt Begins Work
(DBN)

A Plague Stalking America: The Deficit Addiction
(DBN)

The Riskiest Financial Firms In America
(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:

Bankruptcy Stalls 'Extreme Makeover' Foreclosure
(DBN)

The Goldman Deal and the Housing Market
(DBN)

Home price index shows 1st annual gain in 3 years
(DBN)

Housing: 2 Steps Forward, 1 Step Back
(DBN)

Housing Shows Recovery Signs After Prices Fell to 2003 Levels
(DBN)

Home Prices in US Cities Rise Less Than Forecast
(DBN)

Housing Prices Remained Weak in February
(DBN)

Housing rebound continues to erode
(DBN)

A Look at Case-Shiller, by Metro Area
(DBN)

Trouble ahead
(DBN)

Senior, Subordinate Bondholders Split on HAMP Debt Forgiveness
(DBN)

Seattle home prices keep slipping despite national uptick
(DBN)

Metro Atlanta home prices almost flat in February
(DBN)

Home price slide in Chicago area slows in February
(DBN)

San Diego Shines Amid Gloomy Housing News
(DBN)

New FHA-Lender Restrictions Will Wreak Havoc: K&L Gates
(DBN)

AIG Baker puts Vestavia Hills City Center in bankruptcy
(DBN)

Should FHA Raise Minimum Down Payment from 3.5%?
(DBN)

Kirkland developer of retail projects seeks Chapter 11 protection
(DBN)

Home Buyer Tax Credit Called Successful, but Costly
(DBN)

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Fraud:

Goldman Sachs Grilled in Senate Hearing Over Mortgage Business
(DBN)

Grilled squid
(DBN)

The Goldman Sachs Hearings: 'Fantastic Theater'
(DBN)

Senators Express Disgust, Anger as Goldman Execs Squirm on the Hill
(DBN)

Casino capitalism on trial in Goldman Sachs hearing
(DBN)

Do investment banks do anything that helps America anymore?
(DBN)

Senators Put Goldman on Defensive Over Mortgage Deals
(DBN)

For Some on Wall St., the Spectacle on TV Was Background Noise
(DBN)

Hedge funds rally around Goldman Sachs, dismiss SEC case as 'childish'
(DBN)

Goldman Sachs Emerges From Senate Showdown Ahead $549 Million
(DBN)

Goldman Up One
(DBN)

Emails: Goldman Armed Staff to Dump Bonds
(DBN)

Goldman Sachs's Tourre 'Categorically' Denies SEC's Claims
(DBN)

Contrition not an option in financial blame game
(DBN)

'Fabulous Fab' gets little love from Senators
(DBN)

Two-timing top trader's 'Fabulous' defiance
(DBN)

Wall Street's Mr. Fabu-less
(DBN)

Fabulous Fab: 'I Regret the Emails'
(DBN)

The Goldman E-mails, or How to Sell Junk
(DBN)

Lesson in e-mail's staying power
(DBN)

Goldman executives maintain they did not bet against clients
(DBN)

Are Goldman’s ‘Big Short’ Denials Short on Persuasiveness?
(DBN)

Goldman's Defense? We're Misunderstood
(DBN)

Senate panel is 'short' on info
(DBN)

Levin Lets 'S-Word' Ring Loud -- Many Times -- At Senate Hearing On Goldman Sachs
(DBN)

In which I ruin my bright electoral future
(DBN)

Levin slams 'unbridled greed'
(DBN)

Goldman: We Are Proudly Amoral
(DBN)

Goldman Sachs executives still don't get it. A scene from the Senate hearing
(DBN)

Is Levin new Biden in Goldman Sachs hearing?
(DBN)

Smartest Guy in the Room
(DBN)

Hearing is good for Goldman
(DBN)

Goldman's woes mount in Senate grilling
(DBN)

Goldman execs: We didn't do anything wrong
(DBN)

Sure, Goldman has faults, but amid housing bubble, the bank skirted bankruptcy
(DBN)

Full disclosure is not Goldman's job, executive tell panel
(DBN)

Goldman Sachs hearing pulls back curtain on bankers' ethics
(DBN)

Goldman Sachs: Politicians and executives speak different languages
(DBN)

Executives unite to defend 'the big short'
(DBN)

A Crowd With Pity for Goldman
(DBN)

Illegal, unethical or something else?
(DBN)

Goldman Sachs' crimeless victims
(DBN)

Fools on the Hill
(DBN)

Sense and Nonsense at the Goldman Hearings
(DBN)

Goldman Sachs: Basically a Sorority That Makes Money on Things Other Than Car Washes
(DBN)

Goldman Sachs Debacle: Clueless in DC
(DBN)

Goldman and the blame game
(DBN)

Ex-colleague of Florida Ponzi fraudster is charged
(DBN)

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Sovereigns:

Debt Ratings Are Lowered for Portugal and Greece
(DBN)

Sovereign debt downgrades spark flight to quality
(DBN)

______________

Construction Equipment:

Schwing America to pay Wells Fargo $27 million in reorganization
(DBN)

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Accounting:

Balance Sheets Are Busting Out All Over
(DBN)

PwC Reminds Us All to Be Realistic Come Raise Time
(DBN)

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Health Care:

Doctors Raise Questions About St. Vincent's Plan
(DBN)

RadNet Announces the Acquisition Out of Bankruptcy of Three Facilities in New York and New Jersey
(DBN)

Americans Lose Confidence in Healthcare
(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)

Seminars - (Contact us to list your seminar)

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Awards:

Ronit Berkovich Named "Outstanding Young Restructuring Lawyer"
(DBN)

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Ratings:

Bankers Said ‘Anything’ to Get High Rating, S&P Ex-Analyst Says
(DBN)

For Big Rating Agencies, the Blows Keep On Comin’
(DBN)

Over-complex debt shouldn't, and can't, be rated
(DBN)

Court Rejects Rating Agencies' Argument that Credit Crisis Alone Caused Investor Losses
(DBN)

______________

Bankruptcy Theater:

Broadway has a new play about Enron. Where's the one about Madoff?
(DBN)

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Retailing:

Blackstone May Join General Growth Plan, Simon Says
(DBN)

General Growth Seeks Two New Loans Totaling $895.5 Million
(DBN)

NYC Says General Growth Owes It $500,000
(DBN)

Economy Hardware files for bankruptcy protection
(DBN)

Bernie's Name Bought From Bankruptcy Court
(DBN)

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Vendors:

Epiq Systems, Inc. Announces First Quarter 2010 Results Led by 42% Growth for Operating Revenue in Bankruptcy and 20% in eDiscovery
(DBN)

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Gambling:

Boyd Gaming withdraws several objections in Station Casinos bankruptcy
(DBN)

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Distressed Investing:

Invesco's $1.46B Mortgage Recovery Fund to Invest in PPIP
(DBN)

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Tax:

Swiss Banks Get Tougher on Tax-Dodgers
(DBN)

______________

Hotels:

New Tahoe Ritz-Carlton Highlands in default
(DBN)

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IP:

The Impact of Bankruptcy on IP Litigation and Licensing
(DBN)

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Newspapers:

Bidding begins in Philadelphia newspaper auction
(DBN)

Newspaper bankruptcy auction start delayed
(DBN)

Unions threaten strike amid Philly papers auction
(DBN)

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Religion:

Lawsuit against Pope: Can organizational structure get him off?
(DBN)

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Food/Drink:

Stage set for arguments over Rubashkin sentence
(DBN)

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Litigation:

Supreme Court Bars Class-Action Arbitration Absent Contract Agreement
(DBN)

High Court Ruling May Fuel Battle Over Class Arbitration
(DBN)

Justices Give Boost to Securities Fraud Plaintiffs in Merck Ruling
(DBN)

Vice Chancellor Requires Lawyer to Be Physically Present During the Collection of Electronic Information from Client; Self-Collection by Client Not Permitted
(DBN)

______________

Mass Torts:

RAND report on silica litigation
(DBN)

Pennsylvania company is 89th to collapse under asbestos claims
(DBN)

Deposition Time Limits - Who Has Time to Ask About Bankrupt Entities ?
(DBN)

______________

UK:

Unfair football creditors rule?
(DBN)

Business owe more than £55bn to creditors
(DBN)

Farepak fees continue to rise
(DBN)

Small manufacturers hit hardest by rusting Britain
(DBN)

Channel insolvencies drop in Q1
(DBN)

Hull targets restructuring to avoid administration
(DBN)

The rise of the need for credit insurance
(DBN)

______________

EU:

Euro tumbles on Greece, Portugal downgrades
(DBN)

European shares fall most in five months
(DBN)

Eurozone Contagion: Here's What's At Stake
(DBN)

European M&A Closes In on Worst Month in a Decade
(DBN)

EU Socialists blame Merkel for Greek downgrade
(DBN)

Roubini sees 'significantly rising' risk that European monetary union will rip apart
(DBN)

______________

Portugal:

Uh, Oh: Portugal Spreads Widening.
(DBN)

S&P downgrades Portugal's 5 main banks
(DBN)

Portugal will do all needed to cut deficit-finmin
(DBN)

Portugal denounces 'attack from the markets'
(DBN)

______________

Greece:

Greek contagion spreads; restructuring fears rise
(DBN)

Greece needs EUR 150 billion to avoid bankruptcy
(DBN)

Greece Debt Swaps, Bond Yields Surge as S&P Cuts Rating to Junk
(DBN)

IMF head: Greeks need to swallow medicine
(DBN)

PM: Rebirth of Greece, now or never
(DBN)

Is it now too late to save Greece?
(DBN)

Schaeuble says Germany won't let Greece down
(DBN)

German reluctance grows over Greek bailout
(DBN)

German lawmaker urges discount on banks' Greek debt
(DBN)

Goldman Saga Could Take Heat Off Greece
(DBN)

The bitter taste of a Greek bail-out
(DBN)

Transport on strike as anger grows
(DBN)

Greece: Round Up All the Usual Short-Sellers
(DBN)

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Canada:

Consumer Confidence Falling
(DBN)

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