April 6, 2010

The Daily Bankruptcy News

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Law:

Deferred law firm associates working in legal aid
(DBN)

Law Firm Cutting Costs With Undergraduate Slave Labor?
(DBN)

Law Firm Survey Shows That Flat Is the New Up
(DBN)

Misspelling Leads to Big Discovery
(DBN)

Jones Day, Allen & Overy on Ross- Branson Team-Up For Distressed British Banks
(DBN)

Despite Court-Ordered $110/Hour Limit, Ex-Ill. Gov’s Legal Defense Bill is Likely to Top $3M
(DBN)

Prominent Lawyer Indicted, Accused of Extortion Attempt in Settlement Talks
(DBN)

Firm's Memoir of the Mean, Lean Times
(DBN)

Freshfields creates alumni pool for overflow work
(DBN)

Buyer's Guide to Legal Process Outsourcing
(DBN)

How Bulletproof Firms Get Shot Down
(DBN)

As Firm Fights the Recession, Will Its Culture of Caring Be Collateral Damage?
(DBN)

On Legal Ethics and the SEC’s ‘Revolving Door’
(DBN)

Death of Former Weil Houston Office Head Being Investigated as Homicide
(DBN)

Discovery Failure Sinks Lockheed's $37 Million Win
(DBN)

Kelley Drye Responds to Age Bias Suit: 'Life Partners' Not Employees
(DBN)

March Madness Final: DC v. San Francisco
(DBN)

Fraud Rings Up Due Diligence Work for Lawyers at Investigative Companies
(DBN)

New Twist in Ex-Wife's RICO Suit Against SAC Capital's Cohen
(DBN)

Could Legal Publishing Survive on iPad Only Books?
(DBN)

Drinking Advice from Indiana Law
(DBN)

Top Five Lawyers Who Were Great College Hoopsters
(DBN)

Stand Out as a Lawyer Through Personal Branding
(DBN)

81-Year-Old Woman Sues for Back Child Support
(DBN)

Lawyer’s Computer Virus Doesn’t Excuse Missed Dismissal Motion, 4th Circuit Says
(DBN)

Special Prosecutor Likely to Handle Law Firm Founder's Road Rage Case
(DBN)

Sheriff Joe makes inmates pedal to watch TV
(DBN)

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Judges:

All Eyes Increasingly on Justice John Paul Stevens
(DBN)

Justices Increasingly Speak Out, But Are More Restrained Before Confirmation
(DBN)

After a 16-Month Vacation, Acquitted NY Judge May Resume Bench by Tomorrow
(DBN)

Judge Accused of Case-Related E-Mail Declines to Step Down, Blames Media
(DBN)

No Gifts For Judges
(DBN)

______________

Courts:

Bomb threat closes Kansas City federal courthouse
(DBN)

5th Circuit Gets E-Filing, Texas Appeals Court to Follow
(DBN)

______________

Wall Street:

Stock futures signal dip in early trade
(DBN)

Stronger Jobs, Services Reports Send Stocks Higher
(DBN)

______________

Layoffs:

Kids Feel Pinch of Parents' Unemployment
(DBN)

Growth of Unpaid Internships May Be Illegal, Officials Say
(DBN)

Jobless rate may rise as many are drawn back to labor force
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Television:

Gems TV Seeks Bankruptcy Protection to Sell Assets
(DBN)

______________

Jewelry:

Court grants David Webb bankruptcy plan extension
(DBN)

______________

Horse Racing:

Zayat Stables' Horse Is Top Derby Contender
(DBN)

______________

Health Care:

Shulman Says IRS Has Few 'Punitive' Ways to Enforce Health Law
(DBN)

Fictions, frauds found to abound in medical bills
(DBN)

Vaccine Tests Continue Despite Chapter 11
(DBN)

______________

Hollywood:

Can MGM Survive on its Own?
(DBN)

MGM, Miramax ponder second choices
(DBN)

______________

Lehman:

SEC Probe of Lehman Picking Up Steam
(DBN)

Lehman Castoffs Sleep on Sidewalk, Seek Redemption From Trump
(DBN)

Life as a Lehman's Desperate Housewife
(DBN)

Goldman, Morgan Stanley Fault Lehman’s Asset-Management Plan
(DBN)

Barclays Says Lehman Contract Entitles It to Disputed Assets
(DBN)

Lehman’s British Unit Objects to Post-Bankruptcy Plan
(DBN)

______________

Accounting:

SEC Might Bring Civil Charges Against Ernst & Young Soon, Maybe
(DBN)

______________

Retailing:

Citibank ending credit card deal with Zale in Canada
(DBN)

______________

Sales:

Expansive View of 363(m) “Mootness” Adopted
(DBN)

______________

Consumer Finance:

Pay Day Lenders Outlawed in Arizona
(DBN)

______________

 

 

 

Economy:

Treasuries-10-yr yield 4 pct as data signals faster growth
(DBN)

Summers, Greenspan Say Economy, Job Creation Gaining Strength
(DBN)

Home sales contracts leap higher
(DBN)

Housing weakness not distorting inflation measures: SF Fed
(DBN)

Services Sector Grows at Fastest Clip Since '06
(DBN)

Oil Surges to 17-Month High on Signs of US Economic Growth
(DBN)

Economist's cry: Break up the banks!
(DBN)

Treasury Reaps 8.5% Return From Companies Exiting TARP
(DBN)

Put your hand out, just like the capitalists
(DBN)

Anonymously, Members Of The Financial Crisis Commission Are Stabbing Its Leader In The Back
(DBN)

Economy: As Good as It Gets?
(DBN)

Faces of the recession
(DBN)

Corporate jet expenses rise at big firms
(DBN)

IMF: World Economy Not Out of the Woods
(DBN)

Greenspan Needs To Admit That He Blew It
(DBN)

Greenspan's Testimony: Will the 'Maestro' Face the Music?
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Gov't Aims to Help More "Underwater" Homeowners
(DBN)

More on Those White House Anti-Foreclosure Efforts
(DBN)

Sharp Rise in Home Sales in February
(DBN)

On Home Sales, Curb Your Enthusiasm
(DBN)

Dallas-Fort Worth home starts rise almost 60 percent in first quarter
(DBN)

Servicing Agents Forewarned: Becoming a “Real Party in Interest” when Filing 362(d) Motions
(DBN)

Agreements on pre-owned homes increased in Feb.
(DBN)

US Apartment Rents Decline as Vacancies at Record, Reis Says
(DBN)

As Gov't Expands, Feds Gobble Up Commercial Real Estate
(DBN)

Office vacancies hit 16-year highs
(DBN)

Crisis Panel Turns to Risky Mortgages
(DBN)

The Housing Blowup: Did You See It Coming?
(DBN)

U.S. Probes Foreclosure-Data Provider
(DBN)

Solow drops Conseco lawsuit over GM building in NY
(DBN)

Trabucco's real estate empire falls one building at a time
(DBN)

Freddie To Auction Vegas And Inland Empire REOs
(DBN)

Mansion Owner Fights Taxes With Church Exemption
(DBN)

Colleyville luxury developer files for bankruptcy
(DBN)

Money crunch hits high-dollar Nashville houses
(DBN)

New lender guidelines could speed up short sales
(DBN)

HUD Foreclosure Prevention Funds Taking Longer to Reach Housing Markets
(DBN)

House Bill Would Bar Mortgage Servicers from Holding Additional Mortgages
(DBN)

_____________

Banking:

CEOs of bailed-out regional banks get raises
(DBN)

______________

Theme Parks:

Six Flags amends bankruptcy plan
(DBN)

How about a theme park focused on doomed theme park projects?
(DBN)

______________

Municipalities:

Detroit needs drastic change to avoid bankruptcy, report says
(DBN)

Matt Taibbi's Excellent Savaging Of JPMorgan And Corrupt Alabama Officials
(DBN)

California's big pension increases bite back
(DBN)

Public pensions a half-trillion dollars short
(DBN)

LA Controller Says City Could Run Out of Cash by May 5
(DBN)

L.A. sneezes, and Fresno gets severe pneumonia
(DBN)

Most Jefferson County Commission candidates reject bankruptcy
(DBN)

______________

Hotels:

Extended Stay Switches Sides…Again
(DBN)

Long fight for Extended Stay
(DBN)

______________

AIG:

Prognosis Negative for Charges Against AIG Executive
(DBN)

______________

Golf:

Pawley's golf course's bankruptcy plan OK'd
(DBN)

______________

Radio:

Black Crow Chapter 11 stays on track
(DBN)

______________

Religion:

Catholic Sex-Abuse Scandal Poised to Return
(DBN)

MAG: Vatican deputy led cover-up in abuse case
(DBN)

For U.S. Catholics, a Bittersweet Easter Sunday
(DBN)

Catholic Abuse Crisis Echoes 2002
(DBN)

______________

Distressed Investing:

Wilbur Ross Bets Big on Virgin Money
(DBN)

______________

Consultants:

FTI Consulting Expands in Asia
(DBN)

______________

Personal Finance:

The 10 Cheapskate Billionaires Who Live Like Paupers
(DBN)

______________

Corporate Reform:

Financial Crisis Inquiry Wrestles With Setbacks
(DBN)

______________

 

New Bankruptcy Opinions
(2 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:

Shareholders seek examiner for Visteon bankruptcy
(DBN)

Chapter 11 plan filed by Visteon Corp. ‘unfair, unlawful,' stockholders say
(DBN)

Feds Target Toyota with Largest Fine Ever Levied Against an Automaker
(DBN)

Toyota faces legal dilemma as well as record fine
(DBN)

Saab May Have a Future, but Its Present Is Rough
(DBN)

______________

Bankruptcy Reform:

Bailed-out banks feast on bankrupt customers
(DBN)

Beyond Bankruptcy And Bailouts - The FDIC resolution process is the right model for failing firms
(WSJ: separate paid subscription required)

______________

Bankruptcy Statistics:

Bankruptcy Review and Outlook: Q1 2010
(DBN)

Personal Bankruptcies Hit All Time High
(DBN)

______________

Bankruptcy Rules:

Official Bankruptcy Forms Revised To Reflect April 1, 2010 Dollar Amount Adjustments
(DBN)

______________

Mass Torts:

N.J. Court Affirms Record $30.3 Million Award in Asbestos Exposure Case
(DBN)

______________

Professional Retention:

Heightened Standard for Section 328 Retention
(DBN)

______________

Compensation:

Halliburton CEO's 2009 Pay Falls 20 Pct to $12.4M
(DBN)

Wynn Resorts CEO Steve Wynn paid $8.39M in 2009
(DBN)

______________

Newspapers:

Tribune lenders seek documents from Centerbridge
(DBN)

______________

Politics:

Some in Washington Surviving the Recession Nicely
(DBN)

______________

Sovereigns:

Debtor States
(DBN)

______________

Gambling:

Indiana Live casino facing 2010 debt troubles
(DBN)

Casino's credit rating is cut
(DBN)

Icahn Buys Trump Casinos' Mortgage - Now Owns 100%
(DBN)

Atlantic City casino industry suffers 21 percent drop in profits last year
(DBN)

______________

Oil/Gas:

Reports: EnerCrest closes 5 offices, cuts 225 workers
(DBN)

Dunhill Terminals goes downhill
(DBN)

______________

Awards:

Saul Ewing Partner Appointed To New York Institute of Credit Board of Directors
(DBN)

______________

Celebs:

Nicolas Cage Loses His Over-The-Top Bel Air Mansion
(DBN)

Annie Leibovitz sued over financing deal
(DBN)

Leibovitz accused anew of not paying her bills
(DBN)

Friends fear the worst for "broke" Lindsay Lohan
(DBN)

Ex-raider Farley to pay fund $7.8M
(DBN)

______________

Aviation:

Sun Country airline files plan to exit bankruptcy
(DBN)

______________

Debt Collection:

Woman Sues Debt Collector, Wins $8.1 Million
(DBN)

______________

UK:

FSA Raids Financial Offices Across London
(DBN)

Privatization Grows as Economy Worsens
(DBN)

______________

Canada:

Many homeowners should have rented
(DBN)

Nortel retirees planning for the future
(DBN)

______________

Greece:

A Daring Proposal To Rescue Greece
(DBN)

Greece Said to Seek to Avoid I.M.F. Limits
(DBN)

______________

Russia:

Khodorkovsky And The Trial That Scared The Kremlin
(DBN)

______________

China:

US-China Trade War Would Be A Disaster
(DBN)

______________

Japan:

Japan's Tornado files for bankruptcy
(DBN)

______________

Germany:

German Corporate Failures Hinder Recovery
(WSJ: separate paid subscription required)

______________

Ireland:

New Partner to Join Maples' Dublin Office
(DBN)

High rents blamed for insolvencies
(DBN)

Company failures rise
(DBN)

______________

 

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