August 16, 2010

The Daily Bankruptcy News

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Law:

Chrysler Bankruptcy Tab Nears $85 Million
(DBN)

Last Week in Biglaw
(DBN)

Chorus of Bankruptcy Lawyers, Investors Protest Rothstein Agreements
(DBN)

Up to 100 Lawyers and Staff Face the Ax in Firm's Fifth Round of Layoffs
(DBN)

$55 Million Suit Against Paul Hastings Goes Forward
(DBN)

Fear Factor
(DBN)

Ex-DLA Lawyer's Prison Term for Forging Pay Slip Cut to One Day
(DBN)

You Can Ignore 5 of These Trends: But Only 5
(DBN)

Pls Hndle Thx: Building Your Book of Business
(DBN)

Suit Claims Hunton Helped Dump a Client's Contractor
(DBN)

Energy M&A Stays Hot for Am Law 200 Firms
(DBN)

In Fortune 500, About One in Five GCs Is a Woman
(DBN)

Plaintiffs Counsel Suing Chevron in Ecuador Engaged in Some Crude Lawyering
(DBN)

Lawyer Accused of Sexual Harassment Says Testosterone Meds Made Him Do It
(DBN)

Have You Hurd? Shareholders Sue H-P Directors Over CEO Flap
(DBN)

From Lawyer to Vintner
(DBN)

Ex-Litigator Prefers Old-Fashioned Lobstering to Lawyering
(DBN)

Lawyer Transitions: The Art of Negotiation
(DBN)

Jobless Lawyers: Sell your skill at going to school
(DBN)

Fight Continues Over Split of $4.8 Million Fee
(DBN)

BB&K tangled in Bell scandal
(DBN)

Buckeye State Battle: Vorys Sater Caught in Outside Counsel Contract Fight
(DBN)

Lawyer Admits to Attempting $11 Million Shakedown
(DBN)

Woman Gets 21 Years House Arrest for Theft on Condition She Repay Ex-Employer
(DBN)

Another Christian Law School? Oy Vey
(DBN)

Lawyerly Lairs: Did a Realtor Use an Attorney’s House for Sexcapades?
(DBN)

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Judges:

Shock Jock Turner Convicted of Threatening Judges
(DBN)

Judge Transferred From Family Court Over Allegations of Misconduct
(DBN)

Candidate for Judge's Mom Says Baby Boy Popped a Cap at Her With His Glock
(DBN)

Judge Retires Suddenly, Reports of Groping Emerge
(DBN)

Judge Kozinski calls his fellow judges ‘cultural elitists’ when it comes to privacy
(DBN)

'Justice of Law' Sonia Sotomayor cracks jokes at Lehman College at Dream Big Initiative event
(DBN)

Judge in Minivan Nabs Skating Camera Thief
(DBN)

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Courts:

Court Computer Project Compared to Bentley With No Engine for $1.3B
(DBN)

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Wall Street:

Stock futures slip amid global growth woes
(DBN)

Stock market apt to stay difficult for some time
(DBN)

Stocks Lose More Ground to Close Out Rough Week
(DBN)

Japanese, Australian Stock Futures Fall on US Retail Sales, Commodities
(DBN)

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Layoffs:

Jobless millions signal death of American dream for many
(DBN)

Is Congress subsidizing slackers?
(DBN)

Finding a Bridge Over the Void
(DBN)

5 Reasons The Unemployment Rate Will Soon Start Heading Higher
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Finance:

'Junk' Bonds Hit Record
(DBN)

'Super Angels' Alight
(DBN)

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Lehman:

Och-Ziff Knew of Short Sellers' Rumors, Lehman Says
(DBN)

Och-Ziff Said to Be Part of Lehman Rumors
(DBN)

Lehman, the Longer View
(DBN)

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Video Rentals:

Struggling to avoid bankruptcy, Blockbuster extends debt deadline to Sept. 30
(DBN)

Blockbuster: Keeping Hope (for Its Bullish Investors)Alive
(DBN)

Blockbuster's loss widens
(DBN)

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Food/Drink:

Judge OKs Bashas' plan to emerge from bankruptcy
(DBN)

25 grocery stores closing as part of turnaround
(DBN)

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Religion:

Bankruptcy judge gives green light to sex abuse trials
(DBN)

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Oil/Gas:

Lanier says plaintiff's bar faces battle royal over oil spill suits, fears BP bankruptcy
(DBN)

Incoming Paymaster for Spill Claims Outlines Changes to BP’s System
(DBN)

Obama declares Gulf Coast 'open for business'
(DBN)

Obama and Family Swim in Gulf of Mexico
(DBN)

BP Told to Keep Working on Well
(DBN)

Alabama AG Sues BP Over Oil Spill, Claims Broken Promises
(DBN)

BP well capped, but not forgotten
(DBN)

US Looks at Dropping Offshore Drill Ban
(DBN)

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Student Debt:

Packing for College, 2010 Style
(DBN)

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Aviation:

Airline meltdown is hardly a surprise
(DBN)

Heathrow Airport Workers Seeking Fresh Pay Proposal in Talks, Union Says
(DBN)

Mexican airlines: A clumsy giant stumbles
(DBN)

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Corporate Governance:

Delaware Supreme Court Clarifies Section 220 Standard for Shareholder Access to Books and Records
(DBN)

Chancery Upholds Poison Pill of Barnes & Noble; Rejects Fiduciary Claims
(DBN)

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Finance:

Google Leads Revival in Commercial Paper as Rates Tumble
(DBN)

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Building Products:

Building Products Maker: Slump Brings Bankruptcy
(DBN)

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Horse Racing:

Empire Resorts loses $9M in quarter
(DBN)

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Hedge Funds:

Hedge fund firm Eddington Capital to shut down
(DBN)

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Plastics:

Offshore SPAC Snares PRC Plastics
(DBN)

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Economy:

Fed Official Says Bank Risks a New Boom-and-Bust Cycle
(DBN)

Consumer prices rise on higher energy costs
(DBN)

Fed needs firepower to zap deflation monster
(DBN)

Map of World Economic Recovery
(DBN)

Recession, Hamptons Style
(DBN)

10-year yields hit fresh 16-month low
(DBN)

Stimulus sparks economy, debate
(DBN)

On Deck: Retailers Report; Housing Data Due
(DBN)

Rosenberg: US Certain to Fall into Recession
(DBN)

Is a Crash Coming? Ten Reasons to Be Cautious
(DBN)

Why Bernanke Isn't Doing More to Boost the Economy
(DBN)

Treasury yields fall on weak retail sales report
(DBN)

Wall Street Tries to Sort Through Economic Reports
(DBN)

Economists in Philly Fed Survey More Pessimistic
(DBN)

Economists React: Consumer Can’t Drive Recovery
(DBN)

The Best Graph of the Bush Tax Cuts Yet?
(DBN)

Slow Progress on Stimulus Projects
(DBN)

Data Show Stimulus Isn't Reaching the Nation’s Neediest Counties and States
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

In This Play, One Role Is Enough
(DBN)

Treasury Revises HAMP Re-default Rates
(DBN)

The mortgage refinancing boom that wasn't
(DBN)

Banks to benefit most from White House effort to fight foreclosures...
(DBN)

Trial Near of Mozilo; Politicians Draw Heat
(DBN)

Moody's Sees CMBS Delinquency Poised to Rise 9%-11% in 12 Months
(DBN)

FHA Gets Tougher On Mortgages
(DBN)

Living the American Dream -- on the taxpayers' dime
(DBN)

Legislative battle on horizon for future of Fannie
(DBN)

Why is Washington ignoring its biggest corruption scandal? | Washington Examiner
(DBN)

Philadelphia Housing Authority chief facing foreclosure
(DBN)

Do We Need Mortgage Reform?
(DBN)

Insults and Injury for Renters
(DBN)

Conyers, Kaptur Bash Fannie for Penalizing Strategic Defaulters
(DBN)

In Biggest Deal Since Crash, Standard Pacific Buys Raw Land
(DBN)

Mortgage Bonds Pare Relative Declines Amid Worst Trading Month Since 2008
(DBN)

Sea Island's luxury struggles mirror Atlanta's high-end dip
(DBN)

Kenneth Himmel Sued By Arizona Companies Over Obligations
(DBN)

Mortgages: More Borrowers Opt for ‘Cash-In’ Refinancing
(DBN)

Want a Cheaper Mortgage? Go to a Smaller Bank
(DBN)

Today’s Mortgages Are Designed for Yesterday’s Borrowers, Law Prof Says
(DBN)

Call for careful overhaul of US lending
(DBN)

Barnes & Noble landlords fret
(DBN)

Ross: No plans to abandon Stuy Town bid
(DBN)

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Mass Torts:

CSX: Asbestos firm wants Fourth Circuit 'left in the dark'
(DBN)

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Fraud:

Hearing Set in Galleon Case
(DBN)

Texas Prison is Technology Vortex, Allen Stanford Says
(DBN)

Judge Denies Stanford's Request for Daily Visits to Lawyer's Office to Prepare for Hearing
(DBN)

Bankruptcy judge expedites Renegade hearing
(DBN)

Fraud artists at Morgan Stanley get to keep bonus
(DBN)

Rajaratnam Wins Hearing on Bid to Exclude Wiretaps
(DBN)

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Consultants:

Ernst & Young Unveils Capital Advisory, Restructuring Firm
(DBN)

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Municipalities:

California City With $800,000 Manager Accused of Raising Taxes Improperly
(DBN)

Detroit Goes From Gloom to Economic Bright Spot
(DBN)

The Awesome Story Of California City: The Original Housing Community Ghost Town
(DBN)

Chap. 9 Plan in S.C. Hits Pothole
(DBN)

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Telecoms:

Nortel 2Q loss expands as bankruptcy sales go on
(DBN)

Blackstone advises teetering TerreStar, bankruptcy possible
(DBN)

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Corporate Reform:

Elizabeth Warren, likely to head new consumer agency, provokes strong feelings
(DBN)

Robert Gibbs, Elizabeth Warren, and the 2010 Election
(DBN)

Why you should know Elizabeth Warren
(DBN)

President Obama, Give Liz a Job
(DBN)

Warren, Axelrod Meet as Consumer Agency Decision Looms
(DBN)

'Good ol' boys' in Warren's way?
(DBN)

A history lesson from Elizabeth Warren
(DBN)

Buyer, Be Aware
(DBN)

New Rules on Finance to Be Done in the Open
(DBN)

Real Reason for Ousting H.P.’s Chief
(DBN)

HP Board Said to Turn Against Hurd After Surprise Settlement
(DBN)

Hurd Settlement Inflamed H-P Board
(DBN)

HP Hit With Derivative Suit Over Former CEO's Severance
(DBN)

HP’s Top Lawyer, a ‘Straight Shooter,’ Helped Topple the Man Who Hired Him
(DBN)

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Credit Cards:

Your Card Has Been Declined, Just as You Wanted
(DBN)

Elizabeth Warren complains about overdisclosure
(DBN)

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Litigation:

Choose Your Words Carefully to Help the Jury Remember Your Case
(DBN)

Litigator of the Week: Jeffrey Klein of Weil, Gotshal & Manges
(DBN)

Dude, You’re Getting A Dell… Runaround?
(DBN)

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Pensions:

22 Scary Facts About America's Pension Crisis
(DBN)

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Health Care:

Expedite the final sale of Forum; end months of bankruptcy angst
(DBN)

St. Vinnie bigs' $plurge sickening: Quinn
(DBN)

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Resorts:

US luxury resort debt highlights problem for lenders who are unlikely to get money back
(DBN)

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Credit Reporting:

US Consumer See Credit Scores Rise
(DBN)

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Manufacturing:

Revisiting manufacturing
(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 Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

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Insurance:

Lehman Bankruptcy, Defense Expenses, and D&O Insurance
(DBN)

Ambac vs. Bankruptcy , Days Looking Numbered
(DBN)

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Obits:

Frank William Scroggins, 77: Bankruptcy attorney liked to represent "the underdog"
(DBN)

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Miscellaneous:

Gracious Homes, Cabi Downtown, Point Blank, Dynegy: Bankruptcy
(DBN)

Vallejo, Innkeepers, General Growth: Bankruptcy
(DBN)

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Autos:

Grassley seeks to guard taxpayers against raw deal in GM IPO
(DBN)

Grassley wants GM IPO probe
(DBN)

Wrong time for GM IPO? Not necessarily
(DBN)

GM IPO to have four lead underwriters
(DBN)

GM to enlist more bookrunner banks for IPO
(DBN)

From fear to greed, banks jostle for GM deal
(DBN)

Goldman Sachs Undercuts Rivals in GM IPO as It Loses Top Role
(DBN)

GM creating jobs - in Mexico
(DBN)

Sudden move atop GM is startling
(DBN)

GM Board Pressed Whitacre to Go or Stay Years to Aid IPO
(DBN)

GM develops candidates for next change at top
(DBN)

The GM Board is "On The Job"
(DBN)

GM's Akerson Will Struggle Convincing IPO Investors Europe Unit Is Fixable
(DBN)

Chronology: GM: The year from bankruptcy to IPO
(DBN)

UAW halts vote on giveback deal at Indy GM plant
(DBN)

Chrysler Dealer Meeting: Metal Detectors, Ban On Electronics
(DBN)

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Retailing:

Bargain-Hungry Buyers Keep Retail Sales Weak
(DBN)

Luxury Retailer Gracious Home Files for Bankruptcy
(DBN)

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Nightlife:

District Shows No Love to Nightclub Buyer
(DBN)

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Baseball:

Texas Rangers sale a wake-up call to leagues
(DBN)

Rules are rules, especially in bankruptcy court
(DBN)

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Banking:

Illinois Bank Fails; Total Reaches 110
(DBN)

Judge Orders Wells Fargo to Pay $200 Million, in Scorching Ruling
(DBN)

Banker Pleads Guilty in Robin Hood-Like Scheme to Help Borrowers
(DBN)

Don't like your banking fees? Tell the FDIC.
(DBN)

"Deserve" Has Nothing To Do With It
(DBN)

Big opportunities and risks for banks serving mid-size and small firms
(DBN)

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Celebs:

'Real Housewives' star's bankruptcy auction expected to fetch more than $51,000
(DBN)

Good Times for Celebrity Litigants
(DBN)

Lessons from the Crypt: The Wesley Snipes Tax Convictions
(DBN)

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Golf:

Golf course owner re-files bankruptcy petition, first foreclosure auction canceled
(DBN)

Top Durban club face bankruptcy
(DBN)

River Vale Country Club: Fore ... closure?
(DBN)

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Accounting:

Rulemakers Plan Global Overhaul Of Lease Accounting
(DBN)

Compensation Watch ‘10: Early Returns from Deloitte Are In
(DBN)

Starting Salaries for The Big 4 Class of 2010
(DBN)

PCAOB Is Still Overachieving: Issues Inspection Reports for BDO, Grant Thornton, PwC
(DBN)

Are Your Firm’s Happy Hours Overrated?
(DBN)

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Hollywood:

THR: Legal Fight Between Goldman and Producer Heating Up
(DBN)

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Turnarounds:

Verto Partners Hires Hylton as Managing Director
(DBN)

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Debt Collection:

Creditors unlawfully prey on seniors' Social Security benefits
(DBN)

Debt Collector Will Not Pay More Than $500 for a Loan, Regardless of Size
(DBN)

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Art:

Lehman Creditors May Get $16 Million as Hirst, Freud Works Boost Auctions
(DBN)

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UK:

Duchess of York to sell personal belongings in bid to avoid bankruptcy
(DBN)

Unable to pay its debts - the balance sheet test
(DBN)

Sun4U bankruptcy travellers fear paying double
(DBN)

UK Tourists Bear Brunt Of Tour Operator's Bankruptcy
(DBN)

Liverpool owners owe RBS hefty amount if club is unsold
(DBN)

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China:

China marches towards world's No. 2 economy
(DBN)

China AgBank's record share issue
(DBN)

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Pakistan:

Pakistan Floods: Twenty Million Are Homeless IN Pakistan Floods
(DBN)

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Austria:

Austria: Former bank chief in custody
(DBN)

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Germany:

Germany: On a roll
(DBN)

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Japan:

Nearly 80% of firms predict slowdown
(DBN)

Japan Economy Grows at Slowest Pace in Three Quarters, Missing Estimates
(DBN)

Chinese economy eclipses Japan's
(DBN)

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Asia:

Pessimism in Asia despite strong earnings
(DBN)

China, Japan stick to negative views
(DBN)

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Russia:

Russia's Best and Brightest Fleeing Country
(DBN)

Russia's New Police State
(DBN)

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Greece:

Papandreou’s Summer Pay Cuts Keep Cash-Strapped Greeks at Home
(DBN)

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