August 30, 2010

The Daily Bankruptcy News

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Law:

Bankruptcy Action Can Be 'Commenced' Despite Failure to Meet Law's Requirements, 2nd Circuit Says
(DBN)

BigLaw Firm Raises Associate Pay
(DBN)

The Billable Hour Endures
(DBN)

McDermott Files Counterclaim in Suit by Medical Device Maker
(DBN)

Hogan Lovells, POM May Avoid Trial in Fee Dispute
(DBN)

Lawyer Transitions: Talking About Compensation
(DBN)

Lawyers Who Get Too Close to Clients
(DBN)

US/UK Alliances: The Same and Different
(DBN)

When the Closet is a Career Choice
(DBN)

Burr & Forman Welcomes New Creditors' Rights and Bankruptcy Associate in Atlanta Office
(DBN)

Frenemies: How Close Is Too Close?
(DBN)

High-Profile International Assignments a Boon to Some Firms
(DBN)

KPMG Accounting Malpractice Verdict Affirmed but $38 Million Damage Award Vacated
(DBN)

Lawyers for 9/11 Workers are Again Under Scrutiny
(DBN)

Plaintiffs Lawyers in 9/11 Cases Lose Bid to Recoup $6.1 Million in Interest
(DBN)

Blake Strode, Torn Between Tennis and Harvard Law, Loses US Open Qualifier
(DBN)

Lawyer Suspended for Destroying Law Firm Docs in Court Restroom and After Hearing
(DBN)

Appeals Court Grants New Trial Due to Plaintiff Attorney’s Inflammatory Language
(DBN)

Is just being a good lawyer always "enough"?
(DBN)

Harvard Law Hottie Wins Jamaican Beauty Pageant
(DBN)

Tragedy Strikes at Barnes & Thornburg, Former Partner Strangled
(DBN)

Why India and Not Indiana? A Case for Taking e-Discovery ‘In House,’ Literally
(DBN)

Suit Claims Baptism Injury Forced Law Student to Give Up School
(DBN)

Lawyer Gives Up Law Practice for Pulpit
(DBN)

"This is one of those situations that looks odd out of context, but there is a reasonable explanation"?
(DBN)

One Steadfast Juror
(DBN)

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Judges:

Manhattan Judge Resigns Abruptly
(DBN)

Sotomayor on Growing Up Stubborn
(DBN)

Sotomayor Suggests Hispanic Ethnicity Is Reason Critics Questioned Her Intelligence
(DBN)

‘Cleavage-Crazed’ Judge Resigns
(DBN)

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Courts:

Judge frees drawings for Family Court plan
(DBN)

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Wall Street:

Stock futures dip ahead of busy data week
(DBN)

Dow tacks on 1.65%, and pushes back over 10,000
(DBN)

Investors Head for Bunkers
(DBN)

A Crib Sheet on Wall Street’s Self-Dealing Money Machine
(DBN)

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Layoffs:

Jobs Data to Show Severity Of Malaise
(DBN)

The Folly of Subsidizing Unemployment
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Credit Cards:

Colleges no longer a boon for credit card firms
(DBN)

Taking no credit
(DBN)

Beware That New Credit-Card Offer
(DBN)

______________

Lehman:

Former Citi Exec Got $10M to Advise Barclays on Lehman Deal
(DBN)

Barclays' Cleary Lawyers, Others Take Stand in Lehman Suit
(DBN)

______________

Banking:

In Hard Times, One New Bank (Double-Wide)
(DBN)

Bankers Told Recovery May Be Slow
(DBN)

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Fraud:

Battle over Rothstein's assets goes to court
(DBN)

Judge gives a hint on Lloyd's ruling in Stanford case
(DBN)

Stanford Committed No Crimes, Securities Expert Says
(DBN)

______________

Academia:

Dupes or Incompetents? An Examination of Management's Impact on Firm Distress
(DBN)

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Economy:

Obama Says Economy Not Growing Fast Enough
(DBN)

Obama Says No Magic Bullet For Struggling Economy
(DBN)

Waiting for Mr. Obama
(DBN)

How to Cure Our Ailing Economy
(DBN)

Policy Options Dwindle as Economic Fears Grow
(DBN)

Bernanke outlines three options for additional economic stimulus
(DBN)

Economists Consider Asset Purchases By Central Banks
(DBN)

The six signs of an economic recovery
(DBN)

US birth rate falls for second year in midst of recession
(DBN)

Recession Changed Gen Y's Work Ethics
(DBN)

When Home Prices, IRAs and Marriages Go South: Divorcing During a Downturn
(DBN)

Reuters/University of Michigan August consumer sentiment index up from year ago
(DBN)

Banks Self-Dealing Supercharged the Financial Crisis
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Ex-Lawyer Agrees to Pay Clients $1M Restitution Over ‘Phony’ Foreclosure Suits
(DBN)

Too Early to Consider Reviving Homebuyer Tax Credit
(DBN)

Fear Freezes Housing Market
(DBN)

Housing's new nightmare
(DBN)

The death of an American dream
(DBN)

Town is down on its luxe
(DBN)

$1 Million Foreclosures on the Rise
(DBN)

SoCal broker sentenced in mortgage fraud scheme
(DBN)

Even the “good” part of Fannie and Freddie is bad
(DBN)

Former Conseco Exec’s Indiana ‘Chateau’ Receives Three Bids
(DBN)

Rethinking Adjustable-Rate Mortgages
(DBN)

Rod Connelly tries bankruptcy court gambit to revive
(DBN)

Commercial real estate gets boost in July from strong office demand
(DBN)

Fitch expects to keep downgrading CMBS through 2012
(DBN)

_____________

Oil/Gas:

Oil Spill Fund Unlikely to Deter Litigation
(DBN)

BP Internal Report Said to Find Engineers Misread Test Results
(DBN)

BP to Retrieve Failed Blowout Preventer
(DBN)

BP's life on frontiers of energy industry at risk
(DBN)

Louisiana Hit Hard By Moratorium on Deepwater Drilling
(DBN)

BP to admit $1m-a-week advertising spree
(DBN)

Oil cleanup both bonanza and bust
(DBN)

Oil Gone, Plumes Of Bad Policy Remain
(DBN)

Oil spill panel leader says drilling ban should end early
(DBN)

Oil spill panel chief to Senate: Give us subpoena power
(DBN)

Regulator in Spotlight on Drilling Rules
(DBN)

Spill Hearings Preview Legal Strategies
(DBN)

New US Oil Rush Could Rock OPEC
(DBN)

______________

Gambling:

Magna stumbles at the finish line for slots
(DBN)

Station Casinos Wins Approval for Bankruptcy Exit Plan With Fertitta Sale
(DBN)

NYC's Off-Track Betting Needs Cost Savings to Avoid Liquidation
(DBN)

______________

Corporate Reform:

It’s Not Over Until It’s in the Rules
(DBN)

Potential consumer bureau chief is polarizing
(DBN)

Banks to Fight New Financial Rules
(DBN)

______________

Newspapers:

More Turns in Troubled Tribune Bankruptcy
(DBN)

Tribune Files No New Bankruptcy Plan
(DBN)

USA Today shifting focus, laying off staff
(DBN)

_____________

Politics:

Republicans plan wave of White House probes
(DBN)

______________

Accounting:

PWC, Diamond Management Sued Over $378 Million Buyout
(DBN)

Ex-KPMG Senior Manager Convicted of Selling Tax Shelters Is 50% Less Poorer Today
(DBN)

Lindsay Lohan Gets Serious About Her Financial Situation, Hires Britney Spears’ Accountant
(DBN)

Deloitte’s New San Francisco Office Will Be Cooler Than Yours
(DBN)

Apparently, Sport Coats Can Go a Long Way for Big 4 Auditors
(DBN)

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New Bankruptcy Opinions
(4 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)

______________

Bankruptcy Reform:

Senate Banking Chair Says Bankruptcy Law Changes May be Needed as Part of Financial Regulatory Reform
(DBN)

______________

Miscellaneous:

Bear Island Paper, Spheris, FairPoint, National Envelope: Bankruptcy
(DBN)

______________

Health Care:

Governments Ditching Public Hospitals
(DBN)

Closed NYC hospital won't house urgent care center
(DBN)

Spheris Wins Bankruptcy Court Approval of Plan Paying Creditors From Sale
(DBN)

Skilled Healthcare Loses Mistrial Bid Over Verdict
(DBN)

Wait for answers in Skilled Healthcare case continues; lawsuit set to return to court
(DBN)

______________

Municipalities:

State-sanctioned Federal Bankruptcy
(DBN)

______________

Personal Bankruptcy:

Study: Cost of Bankruptcy Rises for Consumers
(DBN)

______________

Hollywood:

IRS Latest Creditor to Go After Bergstein Company
(DBN)

Stanley M. Brooks' firm filing for bankruptcy
(DBN)

______________

Celebs:

American Pie Producer Files For Bankruptcy
(DBN)

______________

Art:

Firms sell art to pay debts
(DBN)

______________

Aviation:

Grupo Mexicana halts airline operations due to financial problems
(DBN)

Mexicana Airlines shutdown: Information sources for travelers
(DBN)

Mexicana Airlines Ends Flights, Strands Passengers
(DBN)

Aer Arran has entered in to bankruptcy protection
(DBN)

______________

Retailing:

Luxury booms while bargain retail suffers
(DBN)

______________

Video Rentals:

Blockbuster edges toward bankruptcy in the age of Netflix
(DBN)

______________

Directories:

Truvo Bankruptcy Plan Challenged by AllianceBernstein
(DBN)

______________

Chemicals:

Tronox Reaches Agreement with Creditor Stakeholders
(DBN)

______________

Hotels:

Bargain sale for once-costly Ritz
(DBN)

______________

UK:

Asil Nadir faces £375 million in alleged bankruptcy debts on top of fraud case
(DBN)

Polly Peck administrators see little concern in Nadir's return
(DBN)

£21m in creditor cash unclaimed
(DBN)

The effects on UK business if the euro fails
(DBN)

Nouriel Roubini reads the economic tea leaves
(DBN)

______________

Japan:

BOJ seen easing policy to fight yen's rise
(DBN)

______________

Ireland:

We must tackle the public fury at banker 'immunity'
(DBN)

______________

Iran:

Iran Shifts Its Assets Out of Banks in Europe
(DBN)

______________

China:

China's Growth Leads to Future Problems
(DBN)

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