April 9, 2010

The Daily Bankruptcy News

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Law:

Mayer Brown to Lay Off 28 Lawyers & 47 Staff in US, But Says Legal Market is Improving
(DBN)

Layoff Watch: Mayer Brown Reducing Its Force by 75
(DBN)

So On Those Law Firm Layoffs, We’re Not Done Quite Yet
(DBN)

Skadden Names New Bankruptcy Partner
(DBN)

It's BIG, You're in Charge! Firm Picked for Pending Case Against BofA, Citi
(DBN)

Sudden Surge Has Hungry Firms Scarfing Up IPOs
(DBN)

BigLaw Firms Cling to Mandatory Retirement
(DBN)

Facing EEOC Suit, Kelley Drye Drops Retirement Policy
(DBN)

Latham’s Bob Dell Trips Over Fallen Associates in Effort to Impress Clients
(DBN)

A Conversation with Howard Altarescu
(DBN)

Law Firms Resort to Suing Their Clients to Collect Fees
(DBN)

Is There a Tiger Woods Effect in Law Firms?
(DBN)

Watch the Video: Would-Be AG Says She’s Qualified Despite Zero Trial Experience
(DBN)

Two Firms Sue Libya for $4.9 Million in Fees
(DBN)

Lawsuit of the Day: Associate Takes Firm to Court Over Deferred Pay
(DBN)

Rutgers Law Student Gains Fame Through T-shirt Review
(DBN)

Man wanted felony record to avoid law school
(DBN)

Dirty old paralegal out to pasture
(DBN)

Wisconsin District Attorney Says Sex Ed is Sexual Assault 101
(DBN)

______________

Judges:

Must Criminal Contempt Occur in Court? 7th Cir. Mulls Judge’s Reaction to E-Mail Flood
(DBN)

Former Judge Pleads Guilty in Car Keying Incident
(DBN)

Fired Judge Defends Arrest Warrant for Teen with Overdue Library DVD
(DBN)

Obama Could Set Modern Record for Fewest Judicial Nominations
(DBN)

Is the Kagan Nomination a Done Deal?
(DBN)

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Wall Street:

Stocks Advance on Speculation of Greek Bailout
(DBN)

Retail Shares Help Give Wall Street a Lift
(DBN)

The Wall St. Reform We Really Need
(DBN)

______________

Layoffs:

Long Term Jobless Rate Hits Record High
(DBN)

Students Look to Plan ‘B’
(DBN)

Honolulu Tops List of Cities With Lowest Unemployment
(DBN)

The Kids Are Not Alright
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Former Citibank leaders grilled by crisis panel
(DBN)

Ex-Citi CEO defends "dancing" quote to US panel
(DBN)

Panel Criticizes Oversight of Citi by 2 Executives
(DBN)

Citi's ex-grandees strain to keep cool
(DBN)

Citigroup executives admit regret but no blame for role in financial crisis
(DBN)

Regrets of ex-Citigroup execs don't satisfy federal panel
(DBN)

Citigroup's Mea Culpa is Light on the Mea
(DBN)

Prosecution, Defense Spar at Close of KB Home Backdating Trial
(DBN)

Ex-Fannie Mae Executives to Face Special Panel
(DBN)

______________

Compensation:

Slashing Workers' Wages and Benefits? Why Not CEO's Too?
(DBN)

______________

Trucking:

YRC March shipments up, shares gain
(DBN)

______________

Lehman:

Barclays asks to hold on to Lehman assets
(DBN)

Lehman Judge to Decide on Pursuit of $11 Billion From Barclays
(DBN)

______________

Health Care:

Hospital Closing Stirs Fear
(DBN)

I Can Tell You Why St. Vincent's Hospital Is Shutting Down, I Was There During The Restructuring Process
(DBN)

Ambulances to Cease Service to St. Vincent's
(DBN)

New York healthcare community reacts to St . Vincent's closing
(DBN)

Nearby Hospitals to Fill Gap When St. Vincent's Closes
(DBN)

Local St. Vincent's Hospital ER could survive as takeover talks still on the table
(DBN)

Hospitals Consider Taking Over St . Vincent's ER, Clinics
(DBN)

Bill de Blasio Blames State in St . Vincent's Battle
(DBN)

St. Vincent's Hospital Closure Complicates Gigi Jordan's Bail Request
(DBN)

IRS Will Force You to Buy Health Care
(DBN)

Health Reform: Massive Confusion for Public
(DBN)

______________

 

 

Economy:

Initial jobless claims increase unexpectedly
(DBN)

Why So Glum? History Suggests a Strong Recovery
(DBN)

Optimism Is Scarce
(DBN)

Oil could give kiss of death to recovery; Triple-digit crude once again in offing
(DBN)

New Economists Scour Urban Data
(DBN)

After the Crash, a Crashing Bore
(DBN)

Greenspan's Call for Bail-Ins
(DBN)

Greenspan: No One Saw This Coming? (Give Me a Break)
(DBN)

Greenspan's Fed Ignored Enforcement
(DBN)

The Rhetoric of "Ending" Too Big To Fail
(DBN)

"Too Big to Fail" is Too Big to Solve?
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

US 30-year mortgage rates jump to 8-month high
(DBN)

Without the Fed, Mortgage Rates Bounce Around
(DBN)

Homebuilder's future in doubt?
(DBN)

New NY state law forces lenders to care for foreclosed homes
(DBN)

Hop Aboard the Private-Jet Foreclosure Tour
(DBN)

NAACP Resolves Dispute With Wells Fargo Over Lending Practices
(DBN)

The ION Media Decision: Second Lien Lenders Treated As Second Class Citizens, Even As To Unencumbered Assets
(DBN)

N. Texas Mortgage Delinquencies Hit New High
(DBN)

Residents of Lake Las Vegas told recovery on the way
(DBN)

_____________

Tax:

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

______________

Fraud:

Tom Petters gets 50 years for Ponzi scheme
(DBN)

Denny Hecker Held Responsible For $400 Million
(DBN)

Jailed Onetime Billionaire Allen Stanford Gets Yet Another Lawyer—Alan Dershowitz
(DBN)

______________

Autos:

Why Isn't GM Selling Hummer?
(DBN)

US Expect Detroit Equity Payback
(DBN)

______________

Retailing:

Super shoppers: March sales are a record
(DBN)

Is the Zale Deal Uncertain as Ever?
(DBN)

Wal-Mart Bets on Price Cuts
(DBN)

______________

Chemicals:

Judge rules against big Chemtura bankruptcy claim
(DBN)

LyondellBasell May Face Bribery Probe
(DBN)

______________

Hotels:

Examiner finds Extended Stay buyout doomed company
(DBN)

Extended Stay Favors New Centerbridge Purchase Offer
(DBN)

______________

Gambling:

Station Casinos asks judge for extension in bankruptcy case
(DBN)

Station proposes asset sale
(DBN)

Wynn bails; snake eyes for Foxwoods?
(DBN)

______________

Resorts:

Goldman Sachs Asks Court to Foreclose on Sawgrass Resort Owners
(DBN)

______________

Religion:

UN Judge Says Pope Should be Prosecuted at International Criminal Court
(DBN)

______________

Aviation:

Three Reasons a United-U.S. Air Deal Could Happen This Time
(DBN)

Airline Mergers: Necessary, Inevitable and Painful
(DBN)

United Chief on 3rd Verse of Old Tune
(DBN)

______________

Food/Drink:

Basha: Bankruptcy agreements still in works
(DBN)

______________

Non-Profits:

Visinet Inc. files for bankruptcy
(DBN)

______________

Hollywood:

Hollywood top guns take shot at reviving debt-ridden MGM
(DBN)

______________

Corporate Governance:

Outside Director Exposure for Disclosure Violations
(DBN)

______________

Personal Finance:

The New Frugality: Come On, You Didn't Really Believe That, Did You?
(DBN)

Parents' Struggles Hit Adult Kids
(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)

______________

Newspapers:

Tribune Bankruptcy Brawl Gets Ugly
(DBN)

Tribune reaches deal with major creditors
(DBN)

______________

Horse Racing:

Zayat files counterclaim in bankruptcy suit
(DBN)

______________

Mass Torts:

Mass tort settlements and client consent
(DBN)

______________

Hockey:

Glendale, Ice Edge at odds in Phoenix Coyotes deal
(DBN)

______________

Consumer Credit:

States target payday lenders and their high rates
(DBN)

______________

Celebs:

No One Buys Nicolas Cage's Mansion at Foreclosure Auction
(DBN)

Ex-Piston lists $4.7M of debt in bankruptcy
(DBN)

Suge Knight Lawsuit Against Kanye West Gets Court Date
(DBN)

Anna Nicole's Estate to Fight Court Ruling
(DBN)

______________

Hedge Funds:

Distressed Investment Outperforms Other Hedge Fund Strategies
(DBN)

______________

Municipalities:

Advice From a Man Who Rescued New York
(DBN)

State Pension Funding Declines
(DBN)

Paterson Says He’ll Suspend Pay Raises for Workers
(DBN)

Bankruptcy not the answer for Kingston, two leaders say
(DBN)

______________

Banking:

Top U.S. banks reportedly masked risk levels
(DBN)

Major U.S. Banks Mask Risk Levels
(WSJ: separate paid subscription required)

______________

Sovereigns:

Sovereign debt maths show risk of vicious circle
(DBN)

A Math Primer on Sovereign Debt
(DBN)

______________

UK:

High earners hit as 50% tax rate goes into effect
(DBN)

Cracks Amidst Dyson Ceramics
(DBN)

UK: Savings Rate Lowest in 40 Years
(DBN)

______________

EU:

Euro zone to discuss terms of Greek safety net
(DBN)

Trichet Says Governments Shouldn't Subsidize Any Greek Loans
(DBN)

The EU's Greek bailout: just who is in charge?
(DBN)

Analysts See ECB Trichet In Hot Seat Over Greece, Collateral
(DBN)

Euro Trades at Almost Two-Week Low on Greece-Default Concern
(DBN)

______________

Greece:

As Greek Bond Rates Soar, Bankruptcy Looms
(DBN)

Trichet says Greece not in need of rescue
(DBN)

Trichet Thwarted as Greece Erodes 'Mr. Euro' Status
(DBN)

Standing At Thermopylae: Greek Economic Situation Worsening Fast
(DBN)

What's the Greek for 'Aarrrgh!'?
(DBN)

Greece plunges deeper into crisis, banks, euro hit
(DBN)

Fitch: time has come for Greece to ask EU/IMF for cash
(DBN)

As investors purge Greek stocks, Athens may need formal bailout
(DBN)

Greek bond spreads hit new high on EU rescue fears
(DBN)

Trichet Doesn't Expect Greece to Default on Debt
(DBN)

Greece plunges deeper into crisis
(DBN)

Greece: The Question Is the Answer
(DBN)

______________

Japan:

Rehab Law Results In 1 Relisting In 10 Years
(DBN)

______________

Russia:

Rosneft says UK court cancels YUKOS injunction
(DBN)

Russia Nutritek fears bankruptcy, delays share offer
(DBN)

______________

 

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