August 18, 2010

The Daily Bankruptcy News

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Law:

Ex-Associate Says 'Unbillable Hours' at Latham Made the Job Worthwhile
(DBN)

Andrews Kurth Brings on Former Wilmer Bankruptcy Partner
(DBN)

A Look Inside the Life of a Kirkland & Ellis Contract Attorney
(DBN)

Wisconsin firms still deferring 2010 start dates
(DBN)

Major Lindsey Files Racketeering Suit Against Ex-Director
(DBN)

Hunton & Williams Sued for $150 Million in Contract-Interference Case
(DBN)

Trio of Law Firms Head Up BP's $5 Billion Oil Revenue Loan Deal
(DBN)

In Defense of Young Lawyers
(DBN)

Not so demanding – clients aren't pushing the legal industry forward
(DBN)

10 Uses for a Dead Blackberry
(DBN)

Eversheds debt recovery spinoff firm appoints new COO with GE Money hire
(DBN)

Too Soon for Optimism in the Leveraged Buy-out Market?
(DBN)

Lawyer Defends NJ Housewife Star Teresa Giudice's $60,000 Shopping Spree
(DBN)

Managing the Budget of an International White-Collar Investigation
(DBN)

Busy Corporate Partner Keeps Mum on Move to New Firm
(DBN)

Hong Kong attracts foreign law firms
(DBN)

Police Warn Man Against Undressing While Driving
(DBN)

Morgue Photos Prompt Court-Ordered Ban, Civil Suit
(DBN)

Job-Hunting Paralegal Discovers Craigslist Ruse Involving Fake Law Firm
(DBN)

Paralegal Rejects 40-Year Plea Deal in Alleged $1M Law Firm Theft
(DBN)

Pro Se Inmate Scores 7th Circuit Win, Says His Own Lawyer Was Targeted by the Feds, Too
(DBN)

Bratz-Barbie Fight Takes Nasty New Turn
(DBN)

Former Illinois Governor Rod Blagojevich Convicted on One Count – Making False Statements
(DBN)

Deja Vu All Over Again? Prosecutors Promise a Retrial for Blago
(DBN)

ABA Ponders Accrediting Offshore Law Schools
(DBN)

9th Circuit finds a right to lie
(DBN)

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Judges:

Fashion Police Taking Control in the Courtroom
(DBN)

In Bank Cases, Judges Refuse To 'Rubber-Stamp' Settlements
(DBN)

Let's Break a Deal? Judge Skeptical of Barclays Agreement
(DBN)

Federal Judges Slam NY Prosecutors' Conduct in Notorious Case of Child Sex Abuse
(DBN)

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Courts:

High Costs for Courthouse Upkeep Raises Legislative Eyebrows: $14,000 to Paint Toilets
(DBN)

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Wall Street:

Wall Street futures point to weaker open
(DBN)

U.K. Stocks Fall for First Day in Five
(DBN)

Stocks Gain on Wal-Mart Profits, Deal Talk
(DBN)

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Layoffs:

Why Companies Aren't Hiring
(DBN)

Layoff fears still grip one in four U.S. workers
(DBN)

Obama pushes Republicans on jobs bill
(DBN)

CEO turnover falls to 5-year low
(DBN)

Temp and contract jobs a good bet in today's labor market
(DBN)

Trenton on the Verge of 400 Layoffs
(DBN)

How long is too long for unemployment benefits?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Lehman:

Lehman Chapter 11 Case Still A Boon For Bankruptcy Lawyers
(DBN)

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Health Care:

Mounting Medical Bills
(DBN)

St. Vincent's leaders accused of wasting millions as hospital faced bankruptcy
(DBN)

Activists Sue For Documents Detailing St. Vincent's Hospital Downfall
(DBN)

St. Vincent's Hospital Wasted Over $100 Million, Lied About Debt: Lawsuit
(DBN)

St. Vincent's Execs Exaggerated Debts For Personal Profit
(DBN)

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Resorts:

Yellowstone Club collapse pinned on founder
(DBN)

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Art:

Chelsea Art Museum Shutters (Temporarily?) Under Financial Stress
(DBN)

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Examiners:

Delaware Bankruptcy Court denies appointment of examiner despite statutory mandate
(DBN)

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Trustees:

Trustee appointed for Renegade
(DBN)

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Televisions:

Apex Digital Files For Chapter 11
(DBN)

______________

Autos:

Can GM Really Call That an "Initial" Public Offering?
(DBN)

GM may sell preferred stock alongside IPO
(DBN)

14 Worries About GM's IPO
(DBN)

On cusp of GM IPO, senator seeks more for retirees
(DBN)

Akerson in Detroit for GM transition talks
(DBN)

GM bailout appears to be meeting goals
(DBN)

Stronach control of Magna to end
(DBN)

______________

Hotels:

Hotel Chain Explores Bankruptcy
(DBN)

Oahu says 'aloha' to recovery
(DBN)

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Tax:

Pennsylvania names more names of tax delinquents
(DBN)

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Labor:

In Strike, More Than Paychecks at Stake
(DBN)

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Enron:

Best-seller tackles Enron
(DBN)

______________

Consumer Debt:

Calif. Still #1 in Consumer Debt
(DBN)

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Turnarounds:

A Second Product Line Revives a Struggling Guitar Maker
(DBN)

______________

Accounting:

American Apparel's accounting firm switch is probed
(DBN)

Lease accounting proposals may restrict bank lending
(DBN)

Man Gives Up Audit Gig to Live Off Coupons, Risk Homelessness, Suffer Yoga Injuries
(DBN)

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Economy:

US industrial output rebounds
(DBN)

Treasury Yield Near 17-Month Low on Speculation Fed May Increase Purchases
(DBN)

Kocherlakota Says Concerns About Economy on Fed Statement Are Unwarranted
(DBN)

N.Y. Fed: Households Continue To Reduce Debt
(DBN)

Obama Says Recession Recovery to Take Few Years
(DBN)

How Uncertainty is Crippling Recovery
(DBN)

Weak Economy Feeds Impulse to Turn Inward
(DBN)

Double-Dippin’, the Song
(DBN)

Comparing United States' Credit Rating to the World
(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:

'Vultures' Save Troubled Homeowners
(DBN)

Gross Says Broad-Scale Mortgage Refinancing Won't Have `Ghost of a Chance'
(DBN)

Cut Mortgage Rates on Fannie, Freddie Loans: Gross
(DBN)

Here's Why Bill Gross Might Get His Wish For A Mammoth Housing Stimulus
(DBN)

Mortgage Market Knocked By 'Mega-Refi' Talks
(DBN)

Banking Execs Say Gov't Needs to Back Mortgages
(DBN)

Banks Face Fight Over Mortgage-Loan Buybacks
(DBN)

Mortgage Markets Face 'Fundamental Change,' Geithner Says
(DBN)

Mortgage Role for U.S. Is Affirmed
(DBN)

Democrat Says Abolish Freddie, Fannie
(DBN)

30-Year Mortgage Rate Drops Back to Record Low
(DBN)

Late Mortgage Payments Spiking
(DBN)

Mortgage closing costs rise 36 percent
(DBN)

Fed Reserve Cracks Down on Mortgage Fees
(DBN)

Mortgage Delinquencies Fall Again In Q2
(DBN)

Homeowner Questionnaire Shows Banks Violating Gov’t Modification Program Rules
(DBN)

New-Home Construction Rises in July
(DBN)

The Details Behind The Ugly Housing Starts Number
(DBN)

Think the Mortgage Meltdown Has Made All Lenders Warier? Think Again
(DBN)

Flipping, flopping and booming mortgage fraud
(DBN)

Houston home sales plummet
(DBN)

Southern California sales fall sharply in July
(DBN)

Bank repossessions at record high
(DBN)

Fannie Mae and Freddie Mac reform: Would it add $5 trillion to US debt?
(DBN)

Judge gives developer Michael Mastro until October to save house
(DBN)

SoBro pseudo-developer files bankruptcy
(DBN)

Minorities hit hardest by foreclosures
(DBN)

Developer sees hopeful signs for apartment work
(DBN)

AHF reorganization plans to go head to head
(DBN)

The 23 Most Expensive Homes For Sale In New York City
(DBN)

Yield Spread Premium Mortgage Fees Banned by Federal Reserve
(DBN)

Seeking Transparency: US Government Asks Private Investors How to Fix Securitization
(DBN)

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Retailing:

Abercrombie & Fitch Stock Hit by Margins
(DBN)

American Apparel warns about its future
(DBN)

American Apparel Faces Bankruptcy
(DBN)

This Mess Was Made in America
(DBN)

In Wal-Mart and Home Depot Results, a Worried Consumer
(DBN)

Some Retailers Will Die This Year
(DBN)

How Much Americans Spend on Shopping
(DBN)

Blackstone to Invest $500 Million in General Growth
(DBN)

______________

Celebs:

Real Houswives' Teresa Giudice Shops Away Her Bankruptcy Blues
(DBN)

'Real Housewives' star Teresa Giudice defends her $60K shopping spree days
(DBN)

Jersey Housewife On The Defense!
(DBN)

Is This A Joke?! Teresa Giudice Celebrates Her Bankruptcy With $60000 Shopping ...
(DBN)

Will you shop at 'Real Housewives' star Teresa Giudice's bankruptcy sale?
(DBN)

C'mon Teresa?! $60k shopping spree after filing Bankruptcy ?
(DBN)

Teresa Giudice is an Idiot
(DBN)

Chreky Settles Sexual-Harassment Claim for $7 Million
(DBN)

Scarlett Johansson Loses $2 Million on Home Sale
(DBN)

Mike Tyson's Words of Wisdom
(DBN)

The IRS Is Unlikely to Take Blood Diamonds as Payment for Naomi Campbell’s Tax Lien
(DBN)

______________

Video Rentals:

Analyst projects Blockbuster bankruptcy
(DBN)

______________

Food/Drink:

Village Inn co-owner submits winning bid for Ohio restaurant chain
(DBN)

Banks Still Waiting for Sbarro To Deliver
(DBN)

New owner emerges for Max & Erma’s
(DBN)

______________

Telecoms:

US Bankruptcy Court's Order Clears Lightyear's Plan to Acquire SouthEast Telephone
(DBN)

FairPoint creditors oust CEO
(DBN)

______________

Gambling:

Icahn files suit over Tropicana Las Vegas name use
(DBN)

Station Casinos suffers $69.6 million net loss
(DBN)

Civil War preservation group backs Gettysburg casino
(DBN)

______________

Horses:

Creditor Seeks Stonewall Property, Stallions
(DBN)

______________

Horticulture:

Stalking Horse Bidder Named in Park Seed Sale
(DBN)

______________

Education:

Classes Decry 'Systemic Fraud' at Profit-Seeking U.S. Colleges
(DBN)

Here's Where You Get The Most Bang For Your College Buck
(DBN)

Universities Are Heading Toward Academic Bankruptcy
(DBN)

______________

Debt Collection:

Debt Collectors on State and Local Consumer Protection Agencies’ Radar
(DBN)

______________

Corporate Governance:

Supreme Court Grants Access to List of Hedge Fund's L.P. Members; Rejects Federal Preemption Argument
(DBN)

______________

Avoidance Actions:

A New Type of Government Refund: Criminal Restitution Payments Recoverable as Preferential Transfers
(DBN)

______________

 

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 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)

______________

Bankruptcy Statistics:

Bankruptcy Filings Rise 20 Percent in June
(DBN)

Tennessee has second-highest bankruptcy rate
(DBN)

U.S. says bankruptcies reach nearly 5-year high
(DBN)

States with most bankruptcies per 1000 population
(DBN)

Struggling economy keeps bankruptcy courts busy
(DBN)

______________

Corporate Reform:

Warren Rap
(DBN)

Warren sits down with big bank lobbyists
(DBN)

Elizabeth Warren Gets A Thumbs Down From Newspaper Funded By Billionaire Pete Peterson
(DBN)

Frank Seeks Meeting With Obama to Push Warren as Chief of Consumer Agency
(DBN)

Letters Opposing Fiduciary Standard Outweigh Support Notes
(DBN)

Liquidation Authority Under the Dodd - Frank Act: What It Means for Creditors
(DBN)

______________

Miscellaneous:

Cravath: Recent Developments in Bankruptcy Law
(DBN)

General Growth, Apex, L&H Trucking, Visteon, Newark Group: Bankruptcy
(DBN)

______________

Banking:

Barclays's $298 Million US Settlement Called `Sweetheart Deal' by Judge
(DBN)

Is Chase Squatting in Ex-WaMu Branches?
(DBN)

JPMorgan Chase Sues FDIC
(DBN)

Regional Banks Bringing Distressed Assets to Market
(DBN)

NCUA Liquidated KAPFCU to Protect Members, Official Says
(DBN)

Fifth Third Bancorp Shows Increasing Loan Modifications and Lower Deposit Fee Revenue
(DBN)

New Attempts to Woo 'Unbanked'
(DBN)

Business Says Bank Played Fast & Loose
(DBN)

______________

Litigation:

It Seems That Judges Want More In Your Complaints Than Just Your Complaining
(DBN)

Facebook Partnership Is Proven by $3,000 Check, Lawyer Says
(DBN)

______________

Claims Trading:

Bankruptcy claims trading hits record in July
(DBN)

______________

Oil/Gas:

BP Prepares To Transfer Gulf Coast Spill Claims Facility
(DBN)

BP to stop handling most Gulf claims
(DBN)

Oil spill judge meets with plaintiffs lawyers
(DBN)

BP’s Claims Reporting Leaves a Fuzzy Picture
(DBN)

BP Is Telling Fishermen Not To Report Tar Balls
(DBN)

Scientists: 80% of Spilled Oil is Still in Gulf
(DBN)

BP Says It Will Spend $52 Million for Mental Health Care in the Gulf Region
(DBN)

______________

Pensions:

Visteon Ordered to Reinstate Health Care to Retirees
(DBN)

PBGC Assumes Responsibility for News-Journal Corp. Pension Plan
(DBN)

______________

Newspapers:

Out of Bankruptcy , 'Florida Times-Union' Parent Reports Q2 Profit
(DBN)

Bankruptcy Judge Gives Tribune More Time
(DBN)

______________

Fraud:

Madoff Feeder Fund, Fairfield Sentry, Sues Investors
(DBN)

Cohmad cited for Madoff violations
(DBN)

Feds, Creditors Cross Swords Over the Last Few Doubloons in Crookedest Lawyer Ever's Sea Chest
(DBN)

Reputed Mafioso set to plead in Rothstein sting
(DBN)

IBM's Moffat, Guilty, Says Chiesi `Played Him' to Get Inside Information
(DBN)

Moffat: His Mistress Made Him Do It
(DBN)

Court Appoints Lawyer to Represent Farkas
(DBN)

SEC probes possible insider trading at General Growth
(DBN)

Plaintiffs Seek Ouster of Master in Fraud Litigation Against Prudential
(DBN)

Fair Finance funds might be returned
(DBN)

______________

Municipalities:

Las Vegas tops list of nation's most stressed cities
(DBN)

That Rescue Will Cost You
(DBN)

______________

Aviation:

Mexicana Subsidiaries In Holding Pattern
(DBN)

Mexican supreme court to review troubled airline case
(DBN)

CEO: Mexicana needs $100 million to keep flying
(DBN)

'Poor management' led to JAL bankruptcy filing
(DBN)

Bankrupt JAL's traffic slumps during Japan's peak vacation season
(DBN)

______________

Mining:

Southern shareholder seeks to block Asarco merger
(DBN)

______________

Hedge Funds:

The 60-Second Guide To What Big Hedge Funds Are Invested In Right Now
(DBN)

______________

UK:

Business failures fall by a third
(DBN)

England's Most Notorious Welfare Queen
(DBN)

UK Business Confidence Hits Highest Level Since 2007
(DBN)

Bankrupt men owe more than women?
(DBN)

______________

Canada:

Directors and officers still vulnerable
(DBN)

Uh-Oh Canada?
(DBN)

Bristol creditors out of luck
(DBN)

Private surgery 'better, cheaper'
(DBN)

______________

Ireland:

A recession of the banks, by the banks, and for the banks
(DBN)

______________

China:

China Sets Strict Rules on Off-Book Loans
(DBN)

______________

South Africa:

Babies rented to beggars in South Africa
(DBN)

______________

Iceland:

Iceland c.bank cuts rates more than fcast to 7.0 pct
(DBN)

______________

 

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