August 6, 2010

The Daily Bankruptcy News

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Law:

Trial lawyer tax break attracts attention of two dozen senators
(DBN)

The End of the Epic Rangers Bankruptcy
(DBN)

Hearing Ordered on Plaintiffs Attorneys' Litigation Financing Interest Costs in 9/11 Suit
(DBN)

All Sorts of Questions in Massive Would-Be Suit Against Grant & Eisenhofer
(DBN)

"Legal industry may be facing a prolonged period of slow growth," Hildebrandt
(DBN)

Firm rolls out new measures to combat 'one-stop shop' rivals
(DBN)

Want to Build the Perfect Practice? Start Talking, Burn Your Timesheet and Get a Hog
(DBN)

More Summer Associate Classes With 100% Offer Rates
(DBN)

Where Have All The Lawyers Gone?
(DBN)

Firm invites clients to pay what they want for legal work
(DBN)

Warts and all - an unusually realistic take on GC life
(DBN)

It Doesn’t Matter if You’re a Good Lawyer if the Internet Doesn’t Agree, Experts Say
(DBN)

Chicago lawyer indicted for Ch. 11 bankruptcy fraud
(DBN)

Law Firm Sues Ex-Partner and Bank for Alleged Embezzlement
(DBN)

Prince Accused of Stiffing His Attorney on Legal Fees
(DBN)

The Sun Never Sets on British Snootiness
(DBN)

Closed Doors Close Off Opportunities, Partner Advises Associates
(DBN)

Listen To What In-House Counsel Like and Don't Like
(DBN)

Has the Recession Affected General Counsel Thinking about Law Firms?
(DBN)

Firm Offers Alternative Billing/Fixed Fee Plan to 3,500 Clients
(DBN)

Carlton Fields Ranked Best for Diversity Commitment
(DBN)

Ex-Biglaw Bad Boys Accused of Sexual Assault: Where Are They Now?
(DBN)

Harvard Law Grad Hopes to Be Nail Fungus King
(DBN)

Lateral Move Should Make Career Sense First, Economic Sense Second
(DBN)

Law Firm’s New Fee Scheme Includes Billings Tied to Price of Oil for an Energy Client
(DBN)

Junkets Versus Vacations
(DBN)

Family-Friendly E-mail
(DBN)

10 Ways to Improve Law Firm Client Service
(DBN)

The Verdict in the Bluegrass State’s Sordid Sports Trial is In: Karen Sypher is Guilty
(DBN)

Smiling Cannon Fodder
(DBN)

Hitting Her Stride: Reflections from a 3L on Rebuilding Confidence and Calm in Law School
(DBN)

Do Women in the Law Need to Get Thicker Skins?
(DBN)

Rudy Giuliani's daughter arrested for shoplifting
(DBN)

Former Miss USA Arrested for Shoplifting
(DBN)

Best LGBT Lawyers Under 40
(DBN)

Make Quick Phone Calls with Slydial
(DBN)

Bird & Bird cuts associate pay by £2,000
(DBN)

Accused witch pleads guilty to fraud, leaves lawyer in ruins
(DBN)

Spanx Bandit Apprehended
(DBN)

French court ruling hits law firms
(DBN)

Wife Says She Learned From Facebook That Her Hubby Had Another Wedding
(DBN)

Iran Stoning Case Lawyer Seeking Asylum
(DBN)

How does stoning work?
(DBN)

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Judges:

Senate Confirms Kagan
(DBN)

Kagan Confirmation Sets the Stage for High Court First
(DBN)

Elena Kagan, the 112th U.S. Supreme Court Justice
(DBN)

No Facebook For Judicial Candidates
(DBN)

Defense Lawyers in Slaughterhouse Fraud Case Question Judge's Ties to Prosecution
(DBN)

Acting Like "Judge Judy" Will Get You Suspended
(DBN)

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Courts:

Specter Says Chances Are Good for Bill to Televise Oral Arguments
(DBN)

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Wall Street:

Stock futures little changed before jobs report
(DBN)

Stocks fall after spike in jobless benefits claims
(DBN)

Wall St. Faces Specter of Lost Trading Units
(DBN)

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Layoffs:

Wary U.S. employers keep hiring plans on hold
(DBN)

How States Fared on Jobless Claims, at a Glance
(DBN)

Texan Tall Tales
(DBN)

Jobless rate is high partly because skills are mismatched
(DBN)

Monster Employment Index declines by a seasonally expected 2 percent in July
(DBN)

Harley-Davidson Could Leave Milwaukee If It Can't Bring Labor Costs Down
(DBN)

Profits, but no jobs
(DBN)

Massive layoffs loom in Sealy after loss of Army contract
(DBN)

Job candidates undergoing credit scrutiny
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Baseball:

Texas Rangers exit bankruptcy protection
(DBN)

Rangers' Greenberg saw it coming!
(DBN)

Tedious, frustrating day in court ends with Texas icon as part owner of Rangers
(DBN)

Auction is a Win-Win for Cuban, Ryan Group and Fans
(DBN)

Ryan's victory is best news, but Cuban's ploy could be costly
(DBN)

Did Texas Rangers Sell For Too Much?
(DBN)

Baseball avoids Cuban missile crisis
(DBN)

Ryan Says Hicks Will Have No Role with the Rangers
(DBN)

Rangers sale court Day 2: Updates
(DBN)

Last Night's Winner: Bankruptcy Auction Enthusiasts
(DBN)

Hicks baseball team auctioned off
(DBN)

Not So Fast: Could Dallas Stars Sale Go Down The Same, Rocky Path?
(DBN)

Texas Rangers Looking for Post Season and End to Bankruptcy with Nolan Ryan
(DBN)

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Sports:

Sports clubs vs. sports leagues: battleground bankruptcy court
(DBN)

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Celebs:

Save Teresa Giudice Fund, Fans Raising Money For Bankruptcy Auction
(DBN)

Helping 'NJ Housewife' Teresa Giudice Survive Bankruptcy ? There's an App for That
(DBN)

Real Housewife Teresa Giudice Becomes a Desperate Housewife in the Face of Bankruptcy
(DBN)

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Economy:

New claims for jobless benefits jump
(DBN)

Payrolls likely fell again in July
(DBN)

Tough Times? Sell Fido
(DBN)

Top Economic Adviser To Leave White House
(DBN)

Indicator suggests OECD growth peak and U.S. turns negative
(DBN)

Why these billionaires are pledging away their wealth
(DBN)

Well Here's One Area Of Fantastic Growth Bernanke Has Overseen
(DBN)

2 Top Economists Differ Sharply on Risk of Deflation
(DBN)

Geithner: The entitlements shortfall is coming sooner than you think
(DBN)

How Much Debt Should Households Have?
(DBN)

Debt Loads Deserve Less Blame for Weak Spending
(DBN)

Battle lines being drawn in Washington over Bush-era tax cuts set to expire this year
(DBN)

Social Security in red for first time
(DBN)

Rising Sovereign Debt Pushing Fear of Domestic Inflation Ahead of Jobs Data
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

An August Surprise from Obama? - Mortgage Forgiveness?
(DBN)

Fannie Mae Loses $1.2bn in Q210, Treasury Commitment Reaches $84.6bn
(DBN)

Actually, The New Fannie And Freddie Homeowner Bailout Is A Massive Bailout Of The Banks
(DBN)

Remember, This Gigantic Fannie And Freddie Giveaway Has Been In The Works Since Last December
(DBN)

Treasury Denies Talk Of Massive Homeowner Bailout
(DBN)

For Fannie Stock, Even Betting Pennies Is a Risk
(DBN)

Growth in Global Distressed Property Sales Eases
(DBN)

The government's new genius plan: The $1,000 down payment
(DBN)

Mortgage Rates on 30-Year U.S. Loans Decline to Record for Seventh Week
(DBN)

You Made More Money This Year Than Fannie Has Since 1970
(DBN)

Beazer posts wider-than-expected loss, shares fall
(DBN)

Borrowers Find Little Help From Servicers, Survey Says
(DBN)

Federal Officials: No Plans for Expanding Refinance Programs
(DBN)

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Retailing:

Sales Were Sluggish in July for Retailers
(DBN)

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Marine:

Trico Marine says may restructure debt under bankruptcy
(DBN)

______________

Aviation:

Mexicana's bankruptcy
(DBN)

Mexicana: a troubled player in a turbulent market
(DBN)

Ailing Mexicana airline suspends ticket sales
(DBN)

______________

Litigation:

Lyondell Creditors' Lawsuit Over 2007 Buyout Deal Set for September Trial
(DBN)

Goldman Says Supreme Court Bars Hedge Fund Lawsuit
(DBN)

ED: Pension Committee revisited: six months later
(DBN)

6 Factors Help Avoid an E-Discovery Disaster
(DBN)

______________

Theme Parks:

Six Flags set to report earnings for first time since bankruptcy
(DBN)

______________

Gambling:

Lawyers say gaming may be at its limit
(DBN)

Fertitta family, lenders maintain highest bid for Station Casinos properties
(DBN)

Carl Icahn: Fontainebleau to sit idle until economy improves
(DBN)

______________

Health Care:

Marcus & Millichap Completes Bankruptcy Sale of Assisted Living Facility in Phoenix
(DBN)

Trustees Announce Solvency of Medicare Trust Fund Extended by 12 Years to 2029
(DBN)

New York Investigating Healthcare Credit Cards
(DBN)

Release of grand jury report on Jackson Health System expected
(DBN)

Community Health wins bid for Ohio hospitals
(DBN)

______________

Newspapers:

Tribune Co. Proposes Severance Package for Top Execs
(DBN)

______________

Soccer:

Confusion surrounds Liverpool bidder
(DBN)

______________

Bonds:

Dodging defaults
(DBN)

______________

Hockey:

Predators owners closer to purchasing Del Biaggio's shares
(DBN)

______________

Oil/Gas:

Influential Senator Wants BP Fines Directed To Gulf States
(DBN)

Thousands line up to join BP lawsuit
(DBN)

Feds Giving Spill Data to BP—But Public Stays in Dark
(DBN)

BP Completes Cementing Macondo Oil Well From Top
(DBN)

Energy Partners Ltd. posts 2Q loss
(DBN)

______________

Banking:

FDIC not too far away from tapping into U.S. Treasury $500 billion taxpayer lifeline
(DBN)

Banks Resist Vouching for Their Mortgage Securities
(DBN)

BankAtlantic Bankcorp posts huge loss
(DBN)

R.B.S. Posts First Quarterly Profit in Three Years
(DBN)

BofA Wants Out of Secret U.S. Sanction
(DBN)

______________

Education:

For Profit Colleges Suggest 1-Year Program Graduates Destined For $69,000 A Year Positions
(DBN)

______________

Hedge Funds:

Winning Hedge Funds Wary of Economic Slowdown
(DBN)

______________

Corporate Reform:

Delaware Senator Kaufman: Warren “Ideal Candidate” to Head CFPB
(DBN)

Franken whips up support for Elizabeth Warren appointment
(DBN)

On Elizabeth Warren , Financial Literacy and Complexity
(DBN)

Corporate governance and executive compensation provisions in the Dodd-Frank bill
(DBN)

Wall Street Firms Still Trying to Figure Out Volcker Rule
(DBN)

Caveat Emptor, Continued
(DBN)

______________

 

New Bankruptcy Opinions
(2 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 Statistics:

California consumers carry massive debt loads into bankruptcy
(DBN)

______________

Bankruptcy Reform:

Stripdowns and Bankruptcy: Lessons from Agricultural Bankruptcy Reform
(DBN)

______________

Miscellaneous:

Lyondell, Madoff Trustee, WaMu, Innkeepers, AMN Healthcare: Bankruptcy
(DBN)

______________

Mass Torts:

Rand's asbestos report shows lucrative outcome for lawyer trust fund managers
(DBN)

Asbestos fees drama between Umphrey, Coon ends
(DBN)

______________

Telecoms:

A Skeleton in Qwest's Closet? KPNQwest Bankruptcy
(DBN)

______________

Discharge:

Texaco Bankruptcy Can Be Reopened to Halt Lawsuit
(DBN)

______________

Compensation:

SEC Rift on When to Claw Back Bonus May Leave Policy in Limbo
(DBN)

______________

Tax:

IRS Says It Won't Help HSBC, Banks Underwrite Tax Refund Loans
(DBN)

How UBS Created Secret Codes And Libraries To Protect Their Tax-Evading Clients' Names And "Numbers"
(DBN)

______________

Student Debt:

Here's The Awful Reality Of America's Student Loan Nightmare
(DBN)

______________

Autos:

Whitacre: Demand tops GM supply
(DBN)

Whitacre: GM's eventual IPO may be largest ever
(DBN)

G.M. Pushes for U.S. to Sell Entire Stake at I.P.O.
(DBN)

General Motors to ramp up ad spending
(DBN)

GM CEO expects good demand when co. sells shares
(DBN)

GM to end 2010 with 4500 dealers, more than planned
(DBN)

Obama hails auto recovery as US grants Ford loans
(DBN)

GM adds 6900 jobs since bankruptcy
(DBN)

Volt rebate revolt?
(DBN)

Lawyer Explains Why He Reported Toyota to the Feds
(DBN)

Toyota not likely to agree to UAW recruitment terms
(DBN)

In Prison for 2 Years, Man Convicted in Fatal Toyota Crash Goes Free
(DBN)

______________

Fraud:

Lawsuit Blames Accounting Firm for $450M in Bankrupt Rothstein Law Firm Losses
(DBN)

Madoff Trustee Wins $180 Million Judgment in New York Against Vizcaya Fund
(DBN)

Goldman Sachs’s Bayou Suit Backed by Industry Group
(DBN)

Ex-wife accuses Hecker of mail fraud
(DBN)

Hecker's toy box from Crosslake may go to bank, including Elvis statue
(DBN)

Rubashkin lawyers seek new trial
(DBN)

Lawyers Make Intriguing New Trial Motion for Shalom Rubashkin
(DBN)

Trustee pressing Daniels, others to return Durham's donations
(DBN)

More twists in con game cases
(DBN)

Chevron: Film Outtakes Show Fraud by Plaintiffs
(DBN)

Conrad Black, Free on Bail, Withdraws Request to Go to Canada
(DBN)

Porsche Taken in Gryphon Fraud Case Must Be Sold
(DBN)

______________

Credit Counseling:

Debt settlement companies evade state restrictions
(DBN)

______________

Food/Drink:

Judge OKs USA Springs bankruptcy plan
(DBN)

Venetian restaurant operator files for Chapter 11 bankruptcy reorganization
(DBN)

______________

Resorts:

Failed Idaho resort residents aim to revive skiing
(DBN)

______________

Postal Service:

US Postal Service reports $3.5-billion loss, sees more red ink in future
(DBN)

______________

Municipalities:

Exotic Deals Put Denver Schools Deeper in Debt
(DBN)

______________

UK:

U.K. Cuts Will Push Insolvencies Up, Accountants Say
(DBN)

UK Tax Office Fails to Block Portsmouth Soccer Club Deal With Creditors
(DBN)

UK taxpayer moves into black on bank stakes
(DBN)

Barclays Said to Settle U.S. Probe in Next Two Weeks
(DBN)

______________

EU:

Trichet Says Growth Recovering, Opening Exit Path
(DBN)

ECB Backs Temporary Ban On Naked Short Selling
(DBN)

______________

Canada:

More signs the Toronto housing market is cooling off
(DBN)

Canadian Finance Chief’s So-Called Problem
(DBN)

______________

Greece:

Greece still faces problems despite progress: EU-IMF
(DBN)

______________

Germany:

Proposed insolvency reform to boost restructurings in Germany
(DBN)

German Industrial Production Unexpectedly Declines
(DBN)

______________

China:

Chinese Banking Stress Test Assumptions Imply Chinese Real Estate May Be Overvalued By As Much As 60%
(DBN)

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