August 20, 2010

The Daily Bankruptcy News

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Law:

Bankruptcy Lawyer's Fraud Conviction Upheld
(DBN)

Kentucky Bar investigating Stan Chesley over fen-phen scandal
(DBN)

Superlawyer Chesley Sucked Into Kentucky Disciplinary Probe
(DBN)

Zach Scruggs, Son of Dickie, Asks Court to Wipe His Slate Clean
(DBN)

Blackstone Taps Simpson for General Growth Investment
(DBN)

Recession-Era Tale of Job-Offer Deferral, Rescission, Leads to Lawsuit
(DBN)

Stop Making Sense: Hire! Fire! Hire Again!
(DBN)

Eversheds finally offers enhanced terms in FIFTH redundancy round
(DBN)

UK government stops law firms hiring overseas talent
(DBN)

Money Isn't Everything
(DBN)

World’s 1st Public-Owned Law Firm Posts Another Big Profit
(DBN)

Who Represents Corporate America 2010: The State of the Union
(DBN)

BigLaw Gets Government Grant to Move Back Office to the Midwest
(DBN)

9th Circuit Reverses $29 Million Fee Award Over Procedural Problem
(DBN)

Court Rejects Law Firm's Role Against Client's Subsidiary
(DBN)

Reminding Clients of Fiduciary Duty, Court Upholds Dismissal of Malpractice Suit Against Sills Cummis
(DBN)

Has Lady Booth Softened Ted Olson?
(DBN)

Guamanian Firm Spreads Its Wings
(DBN)

A Report From the First Meeting of the ‘Big Law Society’
(DBN)

Townsend Firm Axes 9 Lawyers, 25 Staff
(DBN)

Baseball Great Roger Clemens Indicted for Allegedly Lying to Congress
(DBN)

Ex-Prosecutor’s Monthly Student Loan Bill Was Unlawfully Cut From $1,030 to $400, Says IG Report
(DBN)

I Want My Golden Handcuffs Back!
(DBN)

Billionaire’s Kids Seek $100M in Retroactive Support
(DBN)

India Govt to discuss new call for tough restrictions on foreign firms
(DBN)

Mayer Brown names new banking head
(DBN)

US Appeals Court Rules Roadside Crosses for Fallen Cops Violate Constitution
(DBN)

Christian Law School Flunks Accounting
(DBN)

What Can Lawyers Learn From 'Othello'?
(DBN)

Hmmm. Which Weapon To Deploy First: A Knife, Or . . .
(DBN)

Judge OKs Highrise ‘Superblock’ Plan for Fordham U School of Law
(DBN)

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Judges:

Is Boston Judge Guilty of Oversharing?
(DBN)

Courts Fault Feds, SEC for Going Easy on Banks
(DBN)

Judge still fighting 'public warning' over appeal denial
(DBN)

Chief justice appoints special court of review to hear CCA Presiding Judge Sharon Keller’s appeal of public warning
(DBN)

Home of Phila. Traffic Court Judge Is Raided By Feds
(DBN)

Federal Judge’s Book to Focus On Her Prior Work as ‘Unrepentant Advocate’
(DBN)

What's Behind the Flurry of Judicial Resignations in Georgia?
(DBN)

Judge Considering Paralyzing Man as Punishment
(DBN)

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Wall Street:

Stock futures slide as investors continue sell-off
(DBN)

World stocks slide after dour US economy news
(DBN)

Stocks drop on trifecta of bad reports
(DBN)

Dow Slides as Weak Economy Trumps Intel
(DBN)

Shrinking ‘Quant’ Funds Struggle to Revive Boom
(DBN)

Wild Trades Put Focus On Fund Manager
(DBN)

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Layoffs:

Unemployment insurance claims hit 500,000 last week, the worst in 2010
(DBN)

Should a Profitable Company Demand Pay Cuts?
(DBN)

Bailed out By Taxpayers: Which Companies Had the Most Layoffs?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

General Growth Can Move Ahead With Bankruptcy Plan, New York Judge Rules
(DBN)

Staples Sales Miss, Sees Tax Hit on Earnings
(DBN)

Dov Charney Interview - American Apparel Financial Problems
(DBN)

American Apparel: An American Branding Tragedy
(DBN)

Luxury to Necessity, and Back Again
(DBN)

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Utilities:

Boston Generating Files for Chapter 11
(DBN)

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Banking:

Banks Stuck With Bill for Bad Loans
(DBN)

Advanta agreement with FDIC could hurt investors
(DBN)

Chicago bank with links to Obama could go belly up
(DBN)

Details surface about WaMu bank capital
(DBN)

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Convenience Stores:

APPCO Bankruptcy Not Dismissed
(DBN)

______________

Hotels:

Comfort Suites in Lake George files for bankruptcy to stall foreclosure
(DBN)

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Agriculture:

Bankers rediscover risks of loaning to dairies
(DBN)

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Payday Lending:

McGraw sues eight payday lenders
(DBN)

______________

Aviation:

Resolve fight, judge tells Mexican airline
(DBN)

Mesa Pilot-Training Course Cleared for Takeoff
(DBN)

Panel attributes JAL bankruptcy filing to 'mismanagement'
(DBN)

______________

Accounting:

Is Your Firm Cutting Fringe Benefits?
(DBN)

Release of Satyam Founder Ensures That No Progress Will Be Made in the Investigation for the Foreseeable Future
(DBN)

______________

 

 

Economy:

Really Unusually Uncertain
(DBN)

New jobless claims up, economic recovery in serious doubt -- or worse
(DBN)

CBO: Difficult Times Ahead
(DBN)

Bullard: Fed may act if disinflation risks grow
(DBN)

Philly Fed: Manufacturing weakened in August
(DBN)

Is the US Underclass Busting at the Seams?
(DBN)

Geithner Struggles to Escape a Past He Never Had
(DBN)

Analysts See $1.3 Trillion Deficit
(DBN)

More Americans Satisfied With Pay
(DBN)

The Stealth Debt Restructuring: Inflation
(DBN)

Panel Weighs Cuts in Social Security
(DBN)

Economic Indicators: A Visit to Mom
(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:

Rate on 30-Year U.S. Mortgages Drops to Record-Low 4.42%, Freddie Mac Says
(DBN)

Loan Mod Profiles: Delayed Then Denied, Often Mistakenly
(DBN)

Homeowners' Rebellion: Could 62 Million Homes Be Foreclosure-Proof?
(DBN)

The Challenge of Estimating Closing Costs for a Home
(DBN)

N. Calif home sales drop 23 percent in July
(DBN)

July Bay Area Homes Sold at Lowest Pace in 15 Years
(DBN)

AZ: Valley mortgage delinquencies drop
(DBN)

American Mortgage Acceptance Bankruptcy Plan Terms Win Approval of Court
(DBN)

BofA, US Bancorp sue to stop foreclosure of massive NYC apartment complex
(DBN)

Banks harangue Arlie plan
(DBN)

Iron Horse developer asks creditors for patience
(DBN)

AIG Baker reaches settlement in dispute over Vestavia City Center
(DBN)

CRE Lending Turns a Corner, But Still Has a Few More To Turn
(DBN)

Ackman Group's Stuyvesant Town Foreclosure Postponed
(DBN)

CRE Servicers are Grappling with Dodd-Frank
(DBN)

Fitch: Big Four Banks Face $180bn in Buybacks from Fannie and Freddie
(DBN)

_____________

Litigation:

Hertz, Appellate Review, and Sneaky Tricks
(DBN)

______________

M&A:

Deals Stage Comeback
(DBN)

______________

Corporate Reform:

How a Previously Qualified Elizabeth Warren Became Unqualified, According to a Previously Progressive Chris Dodd
(DBN)

Warren omission - Now boss blames Treasury's bias vs. women
(DBN)

White House: Don't expect consumer agency nomination within two weeks
(DBN)

"Orderly Liquidation Authority" Under the Dodd-Frank Act: The United States Congress's Misdirected Attempt to Ban Wall Street Bailouts
(DBN)

Two Years Later, Still No Short-Seller Scalps
(DBN)

______________

Oil/Gas:

BP Settlements Likely to Shield Top Defendants
(DBN)

BP Refuses Requests for Documents Related to Gulf Spill, Transocean Says
(DBN)

Major study proves oil plume that's not going away
(DBN)

BP's Final Kill of Gulf Well Likely to Happen After Labor Day, Allen Says
(DBN)

Restoring the Gulf
(DBN)

New Interior Department Investigative Unit to Oversee and Investigate Offshore Drilling Companies
(DBN)

______________

Celebs:

Teresa Giudice Blames Bravo, Fame For Bankruptcy Woes
(DBN)

______________

Municipalities:

Conjuring Magic To Cover States' Debts: Fiscal Reality Sets In
(DBN)

California Controller All But Guarantees That the State Will Issue IOUs Again
(DBN)

Washington Park meets deadline in bankruptcy filing
(DBN)

More U.S. cities weigh chapter 9 bankruptcy
(DBN)

______________

Fraud:

Conrad Black: Black's lawyers, federal prosecutors clash over '07 conviction
(DBN)

HSBC Should Reveal Reports on Madoff Risk, Judge Says
(DBN)

Agreement reached in Petters asset recovery
(DBN)

Legal deal could speed victim repayments in Petters case
(DBN)

Court-appointed receiver takes charge of Vallett holdings
(DBN)

Citizen of the Month Ran a Ponzi, State Says
(DBN)

______________

Video Rentals:

Blockbuster: We Can Beat Bankruptcy and Netflix
(DBN)

______________

Insurance:

CLICO liquidator's plea: Help me avoid 'fire sale'
(DBN)

Ambac Slumps As Investors Position For Bankruptcy
(WSJ: separate paid subscription required)

______________

Lehman:

Och-Ziff Says Ex-Lehman MD Was Source of Rumor
(DBN)

______________

Food/Drink:

Sbarro skates on a thin crust
(DBN)

______________

Corporate Governance:

Thin Corporate Veil is Scant Armor
(DBN)

______________

Bankruptcy Crimes:

Real estate broker guilty of bankruptcy fraud
(DBN)

______________

Resorts:

Sea Island Bankruptcy Shows Day Of Reckoning Coming For Lenders
(DBN)

______________

Telecoms:

Freedom Communications files for bankruptcy
(DBN)

______________

Valuation:

Valuation Handbook for Lawyers, latest edition
(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:

Alabama bankruptcy rate near tops
(DBN)

Ga. bankruptcy rate 3rd highest in US
(DBN)

Missouri, Kansas bankruptcy filings rise
(DBN)

Bankruptcy and the Crisis: Why so Few?
(DBN)

Bankruptcy filings at 5-year high
(DBN)

______________

Miscellaneous:

General Growth, American Mortgage, HSBC-Madoff, PFF Bancorp: Bankruptcy
(DBN)

Is This Company About to Fail?
(DBN)

______________

Hollywood:

Albuquerque Studios weaves its way through legal jungle
(DBN)

______________

Golf:

Golf course situation remains muddled
(DBN)

______________

Tax:

National sales tax rates
(DBN)

CBO Adds Fuel to Tax Break Fire
(DBN)

______________

Education:

Best (and most unsettling) college admissions book ever
(DBN)

______________

Pensions:

Taxpayers on Hook for $3 Trillion in Pensions
(DBN)

______________

Credit Reporting:

Credit Report Agencies Liable if They Pass On Bad Watch List Data
(DBN)

______________

Health Care:

Lawsuit charges St. Vincent's execs fleeced failing hospital
(DBN)

St. Vincent's Renovation Plans Need Urgent Care
(DBN)

Hospital mass layoffs spread to California, increase in Massachusetts
(DBN)

Hawaii Medical Center emerges from bankruptcy
(DBN)

Firms to Workers: Pay More for Health Care
(DBN)

______________

Autos:

GM IPO: Good Buy or Good Bye?
(DBN)

GM's IPO: How Will the Preferred Stock Work?
(DBN)

GM stock offering wrapped up in politics
(DBN)

GM's IPO: Greatest hopes and deepest fears
(DBN)

Lots of potholes in GM stock sale
(DBN)

Why GM stock may lure brave despite bad economy
(DBN)

Car Czar: Billions Lost in GM Best Stimulus
(DBN)

And Now, Here Is the Starting Lineup of Banks Handling the GM IPO
(DBN)

General Motors' IPO: Rising from the ashes in Detroit
(DBN)

There's Some Lipstick on GM
(DBN)

GM Far From Repaying Government Debt, Despite IPO Intentions
(DBN)

GM Chief Sees IPO As Exit Sign
(DBN)

Despite IPO, GM is still a gamble for investors
(DBN)

Factbox: Facts on Treasury stake in GM, sale considerations
(DBN)

After bankruptcy and downsizing, GM 'structured to win,' president says
(DBN)

Lawsuit leaves Hecker liquidation in limbo
(DBN)

Hecker May Be Evicted
(DBN)

Cornerstone Bank says site sales not linked to Hecker
(DBN)

The Man Behind the Plan to Save Saab
(DBN)

______________

Transport:

Intermodal Rail Hits 2010 Record
(DBN)

______________

UK:

PwC: Kiss Flights collapse unexpected
(DBN)

Karl Oyston, Blackpool's former chairman, named in bankruptcy papers
(DBN)

Blackpool rocked by possible Karl Oyston bankruptcy
(DBN)

'Bankrupt' rumors add to Oyston mystery
(DBN)

John Prescott: Labour 'on the verge of bankruptcy '
(DBN)

Treasurer troubles dog main parties
(DBN)

Debt move for Blackpool's Oyston
(DBN)

HMRC holds back stats on Time to Pay
(DBN)

When Results Mean Restructuring
(DBN)

Number of County Court Judgments drops by 23%
(DBN)

______________

EU:

Jobless Claims Whack Europe
(DBN)

Brussels tells Athens to take the pain, as unrest rumbles
(DBN)

______________

Canada:

Wildrose backs private clinic in fight with AHS
(DBN)

Nortel Retirees Want Fair Shake, Shake Fists at Prime Minister
(DBN)

First Nations University hit by massive restructuring
(DBN)

______________

Germany:

Study finds bankruptcy threatens many German cultural institutions
(DBN)

Germany's economy 'to grow by 3%'
(DBN)

______________

Brazil:

Boudou to join Lower House meeting over Bankruptcy Law
(DBN)

______________

New Zealand:

Troubled boat-builder runs out of time
(DBN)

______________

Japan:

Japan as number three: Watching China whizz by
(DBN)

______________

 

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