August 27, 2010

The Daily Bankruptcy News

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Law:

$1.6M Award Upheld for Lawyer Who Sued His Firm for Fees
(DBN)

Cybersquatting Former Client Vexes Lawyers
(DBN)

Law Firm Hamburger War Heats Up
(DBN)

Lawyer Found Dead in Home After Suicidal Gunman Shoots at Downtown Indy Firm
(DBN)

Blagojevich Retrial Set For Early Next Year
(DBN)

Paul Weiss and Lowenstein Sandler Fined for Alleged Frivolous Suit
(DBN)

Law School Dispenses iPads, Touts Downtime Study Opportunity
(DBN)

Associate Finds Creative Way to Look Like He Belongs
(DBN)

"Untalented, over-educated, over-credentialed snobs who really can't do anything"
(DBN)

Behavioral Interviewing Gains Momentum in Law Firm Hiring
(DBN)

Zenovia Evans On MSNBC, 'Looking Thinner'
(DBN)

Bird & Bird hides "dozens" of layoffs
(DBN)

Weil Gotshal lawyers find out they're not qualified. Doh!
(DBN)

Billionaire Bren Owes Adult Kids Zip, Jury Rules; They Had Sought $134M in Child Support
(DBN)

Auctioned Blagojevich Items Included Attorney-Client Papers
(DBN)

Lawyer: I Had Sex with Client at Her Home and in My Office, But Not in Courthouse Law Library
(DBN)

Weight Discrimination Suit at Hooters Proceeds
(DBN)

Citing Attorney's Inflammatory Language, Court Erases Most of Jury Verdict
(DBN)

Bitter divorce battle over Chihuahua
(DBN)

Ex-MoFo Partner Arrested in Alleged Autism Fraud
(DBN)

"Impaired alertness"
(DBN)

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Judges:

Is Prop 8 Judge’s Sexual Orientation Relevant? LA Times Editor Thinks So
(DBN)

Federal Judge's Ruling Sets Landscape for 'Kids-for-Cash' Civil Suits
(DBN)

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Wall Street:

Futures Rise Modestly Ahead of Bernanke Speech
(DBN)

Stock Losses Deepen
(DBN)

Dow drops below 10,000
(DBN)

Goldman Sachs struggles in corporate debt underwriting
(DBN)

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Layoffs:

For Workers Who Find Jobs, Lower Wages
(DBN)

Jobless claims dip for first time in a month
(DBN)

Joblessness in America: A stickier problem - America’s jobs woes cannot be cured just by waiting for economic recovery
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

Methadone Clinic Files for Bankruptcy
(DBN)

CA OKs 20% rate hike for Blue Cross; Blue Shield to jump as much as 29%
(DBN)

New Facility Won't Use St. Vincent's Site
(DBN)

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Celebs:

5 Famous People Who Went Famously Broke
(DBN)

Fame Brief: Is the Giudices’ $60K Post-Bankruptcy Spree Legal?
(DBN)

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Jurisdiction:

Decision in Eclipse Aviation addresses subject matter jurisdiction of the bankruptcy court
(DBN)

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Pensions:

PBGC proposes new security requirements for cessation of operations
(DBN)

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Fraud:

Alleged Mobster Admits to Helping Florida Lawyer Rothstein in Ponzi Scheme
(DBN)

Lawyers: Texas Financier Didn't Tap Investor Money
(DBN)

Stanford's Bank Said to Loan Billions Undisclosed
(DBN)

Witness questions bank's lending to Stanford
(DBN)

Stanford Used Skimmed $1.6 Billion For Loans To Start-Ups, Witness Says
(DBN)

Stanford financial reports were "fictional," witness says
(DBN)

Allen Stanford's Execs Knew He Was Bilking Investors: Witness
(DBN)

How's Hecker funding lavish lifestyle?
(DBN)

Preacher scolded by judge in fraud case
(DBN)

American Express says alleged Ponzi schemer Kenneth Starr is a deadbeat, slaps him with suit
(DBN)

Four in Pa. Charged in Agency-Related $7.5M Pyramid Scheme
(DBN)

SEC Wins $20 Million Judgment Against FTC Capital
(DBN)

Central Florida abounds in Ponzi schemes
(DBN)

Sobbing swindler: "I knew what I was doing was wrong"
(DBN)

How To Avoid Being Lied To
(DBN)

Bail hearing is scheduled in massive NJ fraud case
(DBN)

Mahmoud Karkehabadi has been charged for Bernie Madoff-like fraud
(DBN)

Fraud Case Shows Credit Boom's Dark Side
(DBN)

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Accounting:

Deloitte revenues and profit decline
(DBN)

There Are More Than a Few Texans Who Aren't Impressed with Ernst & Young’s Auditing Abilities
(DBN)

A Brief Moment in the Life of a Big 4 Auditor
(DBN)

Ernst & Young Partner Might Be Hiding Emmy Results Under His Pillow, Fails to Land Groupies
(DBN)

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Symphonies:

For teetering DSO, change is only certainty
(DBN)

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Economy:

New jobless claims drop for first time in 4 weeks
(DBN)

U.S. Millionaire Index Turns Sharply Bearish
(DBN)

Firm Bets on Falling Prices
(DBN)

Ins, Outs of Jackson Hole Fed Meeting
(DBN)

Fed Asks Court to Stay Discount-Window Disclosure Ruling
(DBN)

Fed's Hoeing: We're in Modest Recovery
(DBN)

How An Even Slower Recovery Would Feel
(DBN)

S&P: USA Should Act to Protect AAA-Rating
(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:

New Foreclosure Strategy Attacks Affidavits' Validity
(DBN)

US foreclosures fall but new delinquencies up
(DBN)

Overdue home loans fall in 2nd quarter
(DBN)

Nearly 1m More Mortgages Go From Current to Delinquent
(DBN)

Procrastination on Foreclosures, Now 'Blatant,' May Backfire
(DBN)

Mortgage Rates Fall to 4.3%
(DBN)

The Really Ugly Part Of The Existing Home Sales Number: Housing Inventory
(DBN)

Mortgage Finance Players Begin to Measure the "Shadow" Shadow Inventory
(DBN)

One in 10 mortgage holders face foreclosure
(DBN)

Mortgage rates still falling
(DBN)

The Case Against Homeownership
(DBN)

New Home Sales Tumble: Builders Don’t Know What To Do
(DBN)

A Homebuilder's Strategy For Coping With Housing Doldrums: Buy More Land!
(DBN)

Attorney Pays $1 Million to Settle Allegation of Foreclosure Relief Fraud
(DBN)

New Jersey Tops Area in Failing Mortgages
(DBN)

A Big Surprise: Troubled Assets Garner Rewards
(DBN)

Fewer Economists See Home Prices Gaining in 2010
(DBN)

Lender slams EpiCentre finances: Regions Bank asks bankruptcy court to appoint examiner to probe center's books: 'Where did all the money go?'
(DBN)

Judge: EpiCentre lawyers must return money
(DBN)

Ackman’s hedge fund put $40M into StuyTown joint venture
(DBN)

Mother Teresa vs. the Empire State Building
(DBN)

Massachusetts AG Coakley gets judgment against unlawful foreclosure rescue scheme
(DBN)

Don’t Compare Toll Brothers to Tiffany & Co.
(DBN)

Banco Popular Forecloses on Hialeah Mayor Julio Robaina
(DBN)

What Commercial Landlords and Chamillionaire Have in Common
(DBN)

REIT Defaults May Be All Right
(DBN)

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Aviation:

FAA fines American Airlines $24M for safety lapses
(DBN)

American to fight record $24.2M FAA fine
(DBN)

Is This Anyway to Treat Your Customers?
(DBN)

JAL Postpones Management Shake Up
(DBN)

Airline in bankruptcy protection
(DBN)

Global Air Cargo Jumps 22.4% in July
(DBN)

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Banking:

Banks' Self-Dealing, Fake Demand Made Financial Crisis Much Worse
(DBN)

Can't Bair to listen
(DBN)

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Newspapers:

Under pressure, Tribune Co. to file revised restructuring plan
(DBN)

Tribune Co. has $1.6 bln in cash in bankruptcy
(DBN)

Tribune Meets Lenders Opposing Publisher's Bankruptcy Reorganization Plan
(DBN)

Eisner would be a mistake for Tribune
(DBN)

Why Michael Eisner Fits At Tribune
(DBN)

Can Michael Eisner Save Newspapers?
(DBN)

From The Mouse To The Tower?
(DBN)

A top Comcast official eyed to help run Tribune Co.
(DBN)

Time running short for Tribune Co. management
(DBN)

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Retailing:

Wilmington Trust Clarifies Role in Oriental Trading Company, Inc. Bankruptcy Case
(DBN)

Moody's downgrades Oriental Trading after Ch. 11
(DBN)

Ascena Puts Dress Barn Out to Pasture
(DBN)

American Apparel Faces Third Class-Action Suit in Two Weeks
(DBN)

Why American Apparel Has a Bright, Post- Bankruptcy Future
(DBN)

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Horse Racing:

Centaur decision could come soon
(DBN)

Meeting set on stalled Lawrence County racino
(DBN)

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Awards:

Deirdre Ruckman Selected for ‘World’s Leading Women in Business Law’ Guide
(DBN)

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Equity:

A closer look at the equitable power of the Bankruptcy Court
(DBN)

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Oil/Gas:

On Doomed Rig's Last Day, A Divisive Change of Plan
(DBN)

Gulf Seafood Is Perfectly Safe -- But Americans Are Refusing To Eat It
(DBN)

Federal Oil Panel Frustrated by Answers
(DBN)

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Corporate Reform:

Dodd Questions Elizabeth Warren's Management Experience -- A Concern He's Never Raised Before
(DBN)

Dodd's continuing, and unusual, war against Elizabeth Warren
(DBN)

Does Obama’s Aide Valerie Jarrett Give Elizabeth Warren the Inside Track?
(DBN)

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Lehman:

Bro-Hugging Richard Fuld
(DBN)

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New Bankruptcy Opinions
(3 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 Research:

Study Shows Massive Increase in Consumer Bankruptcy Costs
(DBN)

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Bankruptcy Reform:

How BAPCPA Has "Flown Back in the Banks' Faces Good and Hard"
(DBN)

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Miscellaneous:

The Bankruptcy Files: Party Supplies, Marine Services, and Retail Banking
(DBN)

Visteon, Strauss, Centaur, ProtoStar, Pine Canyon, Children: Bankruptcy
(DBN)

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Mass Torts:

Reinsurer to appeal Travelers' asbestos coverage award
(DBN)

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Insurance:

Ambac Financial to withdraw registration statement
(DBN)

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Litigation:

Federal Judge Sanctions Tech Company Over Handling of E-Discovery
(DBN)

BP Suits to Show Challenge of Taming Discovery
(DBN)

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Autos:

Auto sales rebound sputters
(DBN)

What GM Can Learn From Lee Iacocca
(DBN)

Pension time bomb: The shadow hanging over GM's turnaround
(DBN)

China’s SAIC shows interest in GM float
(DBN)

Auto Industry M&A Market Slowly Picks Up
(DBN)

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Tax:

U.S. to end tax case soon against UBS
(DBN)

Swiss halfway done giving UBS account info to US
(DBN)

Pro-Israel Group Claims IRS Discrimination
(DBN)

Fate of more than 100 tax breaks on the line
(DBN)

Big Tax Cut For Workers Set To Expire
(DBN)

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Food/Drink:

Judge recommends $12M settlement on bad peanuts
(DBN)

Creditors drop appeal to Bashas reorganization plan
(DBN)

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Video Rentals:

The business behind the show
(DBN)

Blockbuster Plans Mid-September Bankruptcy
(DBN)

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Consumer Finance:

Payday and Title Loans are Short-term? If Only it Were True
(DBN)

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Compensation:

CEOs Pay to Fly
(DBN)

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Hotels:

Crowne Plaza in Bankruptcy
(DBN)

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Hedge Funds:

Investors in Collapsed Perot Hedge Fund Sue Auditor
(DBN)

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Private Equity:

Post-Credit Crisis Buyouts Get Creative
(DBN)

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Software:

Bankruptcy court approves sale of SCO's software business
(DBN)

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Resorts:

Bankruptcy judge approves Amelia Island Plantation sale
(DBN)

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Credit Cards:

Surprise slowdown in US credit card losses
(DBN)

Banks Lobby Fed on Debit Card Fee Limits
(DBN)

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UK:

Polly Peck Tycoon Asil Nadir Back In UK: Businessman On Run For 17 Years Over Fair Fraud Trial Fears
(DBN)

Tough US tax proposals could cost British companies millions
(DBN)

UK Employers Finding It Hard to Fill Key Job Vacancies Today, Says KPMG
(DBN)

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EU:

Amidst debt crisis, support for EU drops to 6-year low, poll shows
(DBN)

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Canada:

Ontario, like California, going for broke
(DBN)

AbitibiBowater deal was 'the best settlement we could get': Harper
(DBN)

Canadians Mount Up, Head to Phoenix to Buy Homes
(DBN)

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Greece:

Greek tax evader hunt uses home videos
(DBN)

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China:

Lenders to closely monitor property loans
(DBN)

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Chile:

While miners wait, company is on brink of bankruptcy
(DBN)

Chile mine collapse: $1.8 million ordered set aside for compensation
(DBN)

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Croatia:

'Croatia is not Greece and is not facing bankruptcy'
(DBN)

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