August 25, 2010

The Daily Bankruptcy News

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Law:

Orrick, Herrington & Sutcliffe: Back to $160K in Major Markets
(DBN)

Pepper Hamilton Sues FDIC Over Legal Fees
(DBN)

Enter the Litigation Portfolio Broker
(DBN)

The 2010 Summer Associate Survey Results
(DBN)

Law School Is Not an Entitlement Program, Dean Says
(DBN)

‘UnemployedJD’ Reveals Real Name, Says Hunger Strike Continues
(DBN)

Law School Graduates are Hungry With Rage
(DBN)

After Almost 8 Years, Simpson Thacher Wins Summary Judgment Ruling Worth $420 Million
(DBN)

How Did McGuireWoods Land the Tiger Woods Divorce Case? With the Help of a Hottie…
(DBN)

Hogan Lovells, Links and Withers advise on Jaguar Land Rover refinancing
(DBN)

Judge Reprimands Milberg, Co-Counsel Over Information's Accuracy
(DBN)

Report: DA’s Office Is Probing Finances of Heiress, 104; Lawyer & Accountant Handle Her $500M Assets
(DBN)

Despite $80K in Law School Debt, Candidate Wears $300 Kate Spade 'It' Shoes
(DBN)

Wachtell M&A Partner Dead at Age 49
(DBN)

Lawyer of the Day: Arnold & Porter Associate (and George Mason Adjunct Prof) Accused of Kiddie Porn Production
(DBN)

What Really Drives Lawyers: Fear
(DBN)

More Firms Get into Lawyer Rating Game and Claim Profiles on Avvo
(DBN)

ASG asks feds to deny motion allowing Mark Ude as special counsel to MYD bankruptcy case Conflict of interest sited
(DBN)

UCLA Law Offers Most Depressing Job to a Law Student (2010 Edition)
(DBN)

10 Happy Tips for Lawyers
(DBN)

Attorney: Tax break would create more litigation, partnership with feds
(DBN)

Let's DANCE! Helping Firms Learn the Alt Billing Cha Cha Cha
(DBN)

Lawyer Swindled in E-Mail Scam Gets 5 Years for Stealing from Clients
(DBN)

Madea Goes to Court...and Wins
(DBN)

Retired Skadden Partner Now Operates Wine & Wedding Biz, Watches the Weather Channel
(DBN)

Partner Moonlights as a Soon-to-be-Produced Playwright
(DBN)

After Katrina, Some New Orleans Police Say They Were Told They Could Shoot Looters
(DBN)

Pre-Crime Technology To Be Used In Washington
(DBN)

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Judges:

Prosecutors: Rubashkin judge knew little of raid
(DBN)

Santa Claus Judge Resigns
(DBN)

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Wall Street:

US Stock Futures Fluctuate Ahead of Economic Data
(DBN)

European Stocks Fluctuate Near One-Month Low Before US Economic Reports
(DBN)

Asia Stocks Fall on Signs Global Recovery Slowing; Yen Weakens, Oil Gains
(DBN)

Stocks drop after sharp fall in July home sales
(DBN)

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Layoffs:

Unemployed group blasts Geithner's handling of economy
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Lehman:

Dick Fuld in exile
(DBN)

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Food/Drink:

Burger King sees weak demand, unemployment weighs
(DBN)

Bashas' continues negotiations with creditors
(DBN)

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Tax:

I.R.S. Plan to Uncover Companies’ Tax Strategies
(DBN)

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Corporate Reform:

Dodd vs. Warren shows that government is broken
(DBN)

Wall Street hates her but she's right for consumer job
(DBN)

Is Barney Frank After Elizabeth Warren’s Job Even Before She Has It?
(DBN)

Activists get help from SEC
(DBN)

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Music:

Universal, Playlist.com Square Off Over Cash
(DBN)

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Celebs:

Double Exposure Star to Take the Stand
(DBN)

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Consultants:

Cain Brothers & Co. Hires Rofsky to Lead Restructuring Group
(DBN)

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Autos:

A too-lean GM?
(DBN)

Biden's Low Bar for GM
(DBN)

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Debt Collection:

Caseloads mount like unpaid debt
(DBN)

Confessions of former debt collectors
(DBN)

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Wood Products:

States Industries files for bankruptcy, plans sale of company
(DBN)

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Payroll Services:

Judge grants Ch. 7 petition against Sommet
(DBN)

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Bonds:

Overestimating the Safety of Bonds
(DBN)

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Credit Cards:

Credit Card Charge-Off Rates Hit Record High in Q2
(DBN)

How the New Credit Card Scene Is a Lot Like the Old Credit Card Scene
(DBN)

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Economy:

Stimulus plan boosted GDP by as much as 4.5% - CBO
(DBN)

Worries about US recovery deepen
(DBN)

Stiglitz: EU Economy at Risk
(DBN)

Diving home sales stoke new worries about economic recovery
(DBN)

Bernanke's helicopter could move to new altitude
(DBN)

Fed's Evans says double-dip risk has risen
(DBN)

Economy Caught in Depression, Not Recession
(DBN)

The two gangs of economists warring over the causes of high unemployment
(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:

Loan Mod Profiles: Fed Up, Giving Up
(DBN)

Commercial Properties Default
(DBN)

Existing home sales down. But six cities defy housing gloom
(DBN)

Home sales plunge 27 pct. to lowest in 15 years
(DBN)

Plunging home sales could sink recovery
(DBN)

Fed Officials Diverge on Plans to Reinvest Giant $2trn MBS Portfolio
(DBN)

KC's home sales have second-worst decline in nation
(DBN)

The Not-So-Bright Spot in the Gloomy Housing Report
(DBN)

Realtor Chief Economist Stands By Optimistic Forecast
(DBN)

60% of Delinquent Mortgages Not in Loss Mitigation
(DBN)

PIMCO's Gross Sees Government Backing of Mortgages Undesirable but Necessary
(DBN)

Zandi: Housing in Double Dip
(DBN)

SEC: Ex-Countrywide chief approved special loans
(DBN)

Wasden settles with bankrupt company
(DBN)

Toll Brothers swings to Q3 profit on tax gains
(DBN)

Regions Bank asks court: Where did the EpiCentre money go?
(DBN)

Nickajack Shores files for Chapter 11
(DBN)

Former Beazer executive faces federal charges
(DBN)

Three Washington developers failed to report $25 million, claims IRS
(DBN)

Fulton Homes to work on 4th try to reorganize
(DBN)

The best moves for home buyers and sellers
(DBN)

Housing Opportunity Index Nears Record High in Q210
(DBN)

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Compensation:

Frank plans hearing on Wall St. pay
(DBN)

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Retailing:

Barnes & Noble warns of further losses
(DBN)

5 Reasons American Apparel Is on Path to Bankruptcy
(DBN)

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Banking:

Banks Say Proposal Will Change Lawsuit "Battlefield"
(DBN)

More Bank Failures Are Coming
(DBN)

Wells Fargo Opposes Rules on Loan Value
(DBN)

Washington Mutual Must Face Securities Suit During Reorganization Hearing
(DBN)

WaMu, securities holders haggle over documents
(DBN)

US banks pay record-low rates
(DBN)

Overdrafts: The War Rages On
(DBN)

Citigroup snafu creates bad loans
(DBN)

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Bankruptcy Crimes:

Gresham man guilty of bankruptcy fraud
(DBN)

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Environmental:

U.S. says Chemtura to pay $26 mln over toxic sites
(DBN)

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Health Care:

Bankruptcy judge approves Medical Staffing sale
(DBN)

Unsecured creditors from former BMC get $10.1 million settlement
(DBN)

Sicel decision due Friday
(DBN)

Calif. Uninsured Rate Hits 8 Million
(DBN)

Primary-Care Doctors: Saying No to $191,000 a Year
(DBN)

AARP Says Brand-Name Drug Prices Up 8% in 2009
(DBN)

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Fraud:

Victims In $3.6 Billion Ponzi Protest Court Process
(DBN)

Stanford civil trial begins in Lloyd’s coverage dispute
(DBN)

Ex-Stanford exec in settlement with insurers
(DBN)

Madoff employee trial held up by evidence mountain
(DBN)

House arrest for Miami man caught in Rothstein sting
(DBN)

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Finance:

Corporate debt wall of maturity crumbling: study
(DBN)

______________

Golf:

Cross Creek Country Club struggling
(DBN)

Golf clubs in the rough as members drop away
(DBN)

______________

Theme Parks:

Foreclosure threatened against Ghost Town amusement park
(DBN)

Former exec: Future of Freestyle Music Park is grim
(DBN)

Freestyle board resigns
(DBN)

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Aviation:

Gulfstream finances teeter
(DBN)

Union mechanics reject American Airlines contract
(DBN)

New Owners Of Airline Mexicana Appoint Administrator
(DBN)

Mexico's aviation woes spread north of the border
(DBN)

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Utilities:

Boston Generating To Auction Loan CDS
(DBN)

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Pensions:

Federal agency takes over Rouge Steel pensions
(DBN)

Dire Predictions About the Public Pension Gap
(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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Bankruptcy Statistics:

Seniors filing for bankruptcy at accelerated rate
(DBN)

Visualizing America's Surging Personal Bankruptcy Filings
(DBN)

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Bankruptcy Reform:

Regulators Explore Creditor Bail-Ins
(DBN)

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Bankruptcy Litigation:

There Is a Jury Trial for that Proof of Claim
(DBN)

Bankruptcy court's interpretation of reorganization plan it confirmed receives deferential treatment
(DBN)

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Miscellaneous:

MIG, W Hotel New York, Neff, Spheris, Taylor Bean, Cynergy: Bankruptcy
(DBN)

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Insurance:

Executive Protection: D&O Insurance - The Policyholder's Obligations
(DBN)

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Cross-Border:

Chapter 15 Round-Up
(DBN)

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Oil/Gas:

Testimony: Response to gulf well explosion hurt by lack of gear
(DBN)

Undersea Oil Plume Vanishes in Gulf, Degraded by Previously Unknown Bug
(DBN)

Pressure test was subject of debate before explosion, witness says
(DBN)

Transocean eyewitness recounts confusion hours before Deepwater Horizon rig exploded
(DBN)

Bonuses Tied to Fast Repairs, Rig Worker Testifies
(DBN)

Captain's leadership questioned by lead federal investigator
(DBN)

Dire Predictions for Drilling Ban in Gulf Are Not Yet Seen
(DBN)

Drillers May Face Months of Delay Even After Obama Lifts Ban
(DBN)

The Broader Effects of the Deepwater Horizon Oil Spill
(DBN)

No Stinkin' Science Needed for Oil Spill
(DBN)

La. gov's BP choice a strange one
(DBN)

Be Patient, BP's new moniker
(DBN)

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Newspapers:

Philly newspaper workers vote for concessions
(DBN)

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Baseball:

Texas Rangers' confidential financial records published online
(DBN)

Baseball Focuses on Insurance Companies After Leaks
(DBN)

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Municipalities:

Central Falls City Council plans to hire its own lawyer
(DBN)

A bad municipal bankruptcy bill
(DBN)

San Bernardino council approves $11 million in cuts
(DBN)

Prichard Pensioners Back in Bankruptcy Court
(DBN)

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Politics:

Boehner Shrewdly Urges Firing Entire Obama Economic Team
(DBN)

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UK:

RBS chief Hester says: 'Let Banks fail'
(DBN)

RBS chief warns too much bank regulation will hamper recovery
(DBN)

UK facing double-dip downturn
(DBN)

On her eighth foreign break of the year, portrait of Fergie staving off bankruptcy
(DBN)

Bankrupt Fergie parties up a storm
(DBN)

Negligence claims against advisers jump, finance firm claims
(DBN)

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EU:

US, Europe in 'Same Boat' on Recession Risks, EU's Rehn Says
(DBN)

Stress Tests May Happen More Frequently In Europe
(DBN)

Led by Germany, Manufacturing in Europe Is Stronger Than Expected
(DBN)

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Canada:

Nortel retirees stand to lose one third of pension
(DBN)

Ontario tightens pension rules
(DBN)

Retired Nortel Networks inventor claims patent deals invalid
(DBN)

Ottawa pays AbitibiBowater $130-million for expropriation
(DBN)

Alberta bankruptcy claims rise in June
(DBN)

The numbers are stacked against fraud squad
(DBN)

Bankruptcies rise in June from May for only the third time in a decade
(DBN)

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Japan:

Nikkei hits 16-mth lows on yen, economy jitters
(DBN)

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Ireland:

S&P cuts Ireland's rating on cost of bank support
(DBN)

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Germany:

German Ifo unexpectedly hits 3-yr high in August
(DBN)

Snowmass Ski Resort Foreclosure Crystallizes Hypo's US Real Estate Woes
(DBN)

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Middle East:

Major creditors oppose cash injection for Alliance
(DBN)

______________

Kazakhstan:

US Judge Rejects Kazakhstan Bank's Bid To Halt Lawsuit
(DBN)

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