August 9, 2010

The Daily Bankruptcy News

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Law:

Good News for Star Associates, Bad News for Others: Bonuses are Replacing Some Pay
(DBN)

Legal Sector Lost 800 Jobs in July
(DBN)

In Boston, Merit-Based Compensation Could Be Taking Hold
(DBN)

New Law Firm Rankings: News You Can't Use?
(DBN)

Re-leveraging – the sudden rush to hire deal finance talent
(DBN)

Referral Outfit Sues Lawyer, Firm to Collect Fees
(DBN)

Women Lawyers Celebrate Inroads, Denounce Vestiges of Inequality
(DBN)

Lawyer has seen clients go from six figures to sudden poverty
(DBN)

$1.4 Million Verdict Thrown Out Over Lawyer’s Inflammatory Remarks
(DBN)

Billing judgment matters
(DBN)

Pls Hndle Thx: But I’m in MENSA!
(DBN)

Bankruptcy Files Extra: Tribune Examiner Speaks
(DBN)

DLA Piper Launches Succession Plan Through Additions to Leadership
(DBN)

Unemployed J.D. Goes on a Hunger Strike
(DBN)

Mintz Levin to Close Its Silicon Valley Doors?
(DBN)

Incoming ABA Prez to Put Ted Olson and David Boies at Helm of Justice System Project
(DBN)

Survey: General Counsel Have Big Business on the Brain
(DBN)

It Helps to Think Like a Player—Poker, That Is—When You Take Your Case to Trial
(DBN)

Average Trainee Retention Rate Rises at Top 30 U.K. Firms
(DBN)

Lawyers: Get a Pedicure, Go to the Dentist and Don’t Give Away Free Consultations, Expert Says
(DBN)

Gap Between Sci-Fi and Reality May Be Narrowing in Justice System
(DBN)

New Jersey Court Rules Against the Parents of Adolf Hitler
(DBN)

Still Contesting $20K Sanction, ‘Birther’ Attorney Orly Taitz Takes On the Supreme Court
(DBN)

US News Blames High Law School Tuition Partly on Oversupply of Eager Students
(DBN)

A Pair of Craigslist Jobs
(DBN)

Did Paralegal's Camera Catch Secret Toe Taps?
(DBN)

Transit Company Sues Law Firm for Trademark Infringement
(DBN)

On Charles Taylor and ‘Dirty Rocks’: A Supermodel at the Hague
(DBN)

Police not sure which twin to charge after shooting
(DBN)

Retired Wachtell Partner’s Prenup Precludes Share in 7-Figure Income for ‘Playmate’ Ex-Wife
(DBN)

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Judges:

Will High Court Become the Kagan/Roberts Show?
(DBN)

Kagan Will Have Little Time to Ease Into New Job
(DBN)

David Boies Calls on Lawyers to Speak Out Against Personal Attacks on Judges in Controversial Cases
(DBN)

Judge Suspended For Misconduct Toward Court Employees
(DBN)

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Wall Street:

US Stock Index Futures Up
(DBN)

Stocks end lower as job concerns weigh
(DBN)

Wall St. New Beginnings, Same Risk Taking
(DBN)

Goldman: Derivatives 35% of Revenue
(DBN)

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Layoffs:

Economy sputters as companies add only 71,000 jobs in July
(DBN)

The Scariest Jobs Chart Ever Takes A Turn For The Worse
(DBN)

Average Length of Unemployment Falls
(DBN)

Small Business Jobs Bill: Failing Grade
(DBN)

Forced to Retire, Some Take Social Security Early
(DBN)

Jobs Report Shows Private Sector Still Wary of Hiring
(DBN)

Does the Drop in Temps Signal Trouble Ahead?
(DBN)

Poll: Many still fear job loss
(DBN)

Unemployment extensions a challenge to figure out
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Receivers:

Disarray in receiver’s books alleged
(DBN)

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Finance:

Another Rate Increase Warning From Lenders
(DBN)

Microfinance initiative risks turning into a farce
(DBN)

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Baseball:

Mark Cuban blogs about his pursuit of Texas Rangers
(DBN)

Mark Cuban played major role in speeding up Rangers' sale
(DBN)

Cuban bows out of Rangers bid gracefully
(DBN)

Meet The Texas Rangers's New Money Man
(DBN)

A priceless pursuit of bankrupt Rangers for Greenberg, Ryan
(DBN)

Winning Rangers now have the right owners, too
(DBN)

Tom Hicks: Chapter 11 strategy "resulted in a win-win for all parties"
(DBN)

Hicks Goes From Toast of the Town to Just Toast
(DBN)

Even in sport, a Pyrrhic victory
(DBN)

Rangers might need that extra $30 million
(DBN)

Mark Cuban: With Nolan Ryan Out, It's Now Up To You To Save The Astros
(DBN)

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Credit Cards:

Debit whammy - New overdraft rules may leave you $hort
(DBN)

More consumers choose to relieve credit card debt with bankruptcy
(DBN)

US Law Puts Credit Card Debt Before Single Moms
(DBN)

Credit CARD Act Helped, But ‘Harmful’ Issuer Behavior Persists
(DBN)

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Autos:

General Motors' big IPO gains may take some time
(DBN)

GM's offering should include a pitch to public
(DBN)

GM's $5B credit quest key to stock sale
(DBN)

Chrysler sales rise but problems lurk behind gains
(DBN)

Chrysler Dealers Find Barriers to Restarting
(DBN)

Ford To Pay Bill Ford Again
(DBN)

Mahindra board clears SsangYong bid
(DBN)

BMW Posts 9.1% Increase in July Sales
(DBN)

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Newspapers:

Records show how Brown execs reclaimed former company
(DBN)

Bankrupt publisher inflated circulation, document says
(DBN)

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Hotels:

ML Managers takes over Ten Wine Lofts, Hotel Monroe
(DBN)

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Video Rentals:

Blockbuster: Creditors To Give More Time For Bankruptcy Filing
(DBN)

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Distressed Investing:

Charlie Rose Talks to Wilbur Ross
(DBN)

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Accounting:

Deloitte audit partner charged with insider trading by SEC
(DBN)

Gird Your Loins, Big 4
(DBN)

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Trucking:

Con-way Profit Slides 56 Percent on Weak LTL
(DBN)

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Personal Finance:

Many Teens Face A Lean Back-To-School Season
(DBN)

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Food/Drink:

Final arguments in Bashas' bankruptcy case Monday
(DBN)

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Economy:

Fed set to downgrade outlook for US
(DBN)

July jobs show odd mix of bad news
(DBN)

July Unemployment -131,000 Jobs... Gov't revised payrolls for May/June show 97,000 fewer jobs than first reported
(DBN)

Comparing This Recession to Previous Ones: Job Changes
(DBN)

Treasury 2-Year Yields Near Record Low Ahead of Fed Meeting
(DBN)

US Buyers Own Treasuries Majority 1st Time Since Aug. `07
(DBN)

Hiring continues to weaken; outlook dims for economic recovery this year
(DBN)

Robert Rubin Warns Against Destabilizing Effects Of Another Stimulus
(DBN)

Greenspan Calls for End to Bush Tax Cuts
(DBN)

White House economic team exhausted after past 18 months
(DBN)

Did the Recession Actually End?
(DBN)

A 'Recovery' Won't Help the American Worker
(DBN)

Profit Falls 40% at Berkshire Hathaway
(DBN)

America Is at Risk of Boiling Over
(DBN)

Will Our Kids Be Better Off Than Us?
(DBN)

Stockman: Bush Tax Cuts Will Make US Bankrupt
(DBN)

Stimulus' success hard to track
(DBN)

Welcome to the recovery? No, Mr. Geithner, the Twilight Zone.
(DBN)

Cheap Money Isn't Free
(DBN)

From Man-cession to He-covery
(DBN)

‘Hung,’ Symbol of the Recession
(DBN)

Anti-Business President's Pro-Business Recovery
(DBN)

Economists React: ‘The Great Stall’ Takes Hold
(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:

Fewer US Homeowners Underwater as California Home Prices Rise
(DBN)

Jumbo Mortgages Making Comeback And Big Banks Want A Piece Of The Pie
(DBN)

Housing Policy’s Third Rail
(DBN)

Housing boom's jobs aren't returning as economy recovers
(DBN)

Dirt-for-Debt Plans Reemerge Amid Falling Real Estate Prices
(DBN)

Foreclosure Aid: States Fall Short on Short Sales
(DBN)

Is Fannie Mae Sabotaging Obama's Housing Rescue?
(DBN)

After Signs Of Improvement, Commercial Real Estate Prices Fall Sharply In June
(DBN)

Apartment Rentals Hit Record Highs in 2010, as More Americans Shun Homeownership
(DBN)

Bankruptcy trustee accuses Sumner developer Leon Moore of hiding assets
(DBN)

AHF Mortgages unpaid in plan: $28,1000,000
(DBN)

Affordable housing firm files for Ch. 11
(DBN)

Stan Thomas entity files Ch. 11
(DBN)

Xanadu Real Estate Project in NJ May be Turned Over to Creditors
(DBN)

Ag Mediation Bill Heads To President's Desk
(DBN)

Jobs: The Most Important Housing Market Driver
(DBN)

Broke USA: An Expose of Subprime Lending and Its Impact on the Economy
(DBN)

Housing Inventory Grows
(DBN)

Stuy-Town tenants take home big win
(DBN)

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Examiners:

WaMu examiner submits work plan
(DBN)

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Municipalities:

Going to Extremes as the Downturn Wears On
(DBN)

Little Relief Seen for State and Local Layoffs
(DBN)

And Now A Few Words On The Coming Pension Crisis That Will Screw Us All
(DBN)

How public worker pensions are too rich for New York's - and America's - blood
(DBN)

Impoverished City To Close All Libraries
(DBN)

When a State Pension Fund May Run Dry
(DBN)

Maryland's economic deterioration is 'progress'?
(DBN)

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AIG:

AIG Posts $2.7B Second-Quarter Loss
(DBN)

AIG repays $3.5 billion of Fed debt since April
(DBN)

AIG in Talks to Pay US Debt, Chief Says
(DBN)

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Corporate Reform:

What Are We Going To Do About Liz Warren?
(DBN)

HP's Mark Hurd Resigns After Sexual Harassment Probe
(DBN)

HP Pays Disgraced CEO $28M to Leave
(DBN)

Lapses mark out corporate morality tale
(DBN)

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Celebs:

NJ 'Real Housewife' faked the fabulous life
(DBN)

The Real Housewives of New Jersey: Bankruptcy , DUI, and Drama at the Giudice's
(DBN)

New Fight for Mike Tyson, Sued for $115 Million Over “Iron Mike” Nickname
(DBN)

Full Count On Lenny Dykstra
(DBN)

Purple Pain: Lawyer Sues Prince, Claiming Unpaid Fees
(DBN)

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Travel:

1800Hotels.com Tries to Rebound From Bankruptcy
(DBN)

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Aviation:

Mexicana Airlines suspends flights from Gatwick
(DBN)

Mexico airline Mexicana axes flights amid turmoil
(DBN)

Mexicana Files for Chapter 15 Relief in New York
(DBN)

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Lehman:

Lehman Brothers' art treasures to be sold at auction
(DBN)

Should Lehman's Final Few Funds Be Used to Defend Those Who Sank the Firm?
(DBN)

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Fraud:

There May Be Legal Backlash to Profiting from Madoff
(DBN)

Madoff investors blasted PwC over funds audit
(DBN)

Accounting firm sued over Rothstein work
(DBN)

All The Best Victims
(DBN)

SEC's fraud case against Wyly brothers may be strong, experts say
(DBN)

Rick Brunsman's claims mount
(DBN)

Accused Fraudster Loses Porsche, But Gets $5000 for a Beater
(DBN)

Antiguan investors open jailed financier's stadium
(DBN)

Broker Charged Along With Wyly Brothers Also Worked For Allen Stanford
(DBN)

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Health Care:

Forum's new owner warrants close scrutiny by AG Cordray
(DBN)

Sunwest sale worth $1.2 billion
(DBN)

Skilled Healthcare Group Files Motion for Mistrial
(DBN)

Health Care = "A House On The Beach?"
(DBN)

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Hockey:

Bankruptcy court approves sale of 'Boots' Del Biaggo's stake in the Predators
(DBN)

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Skiing:

Powder Ridge: Powder Ridge's Former Owner Sues Town, Officials, Creditor
(DBN)

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Consumer Credit:

Consumer Credit Down for Fifth Straight Month in June
(DBN)

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Credit Reporting:

Phantom bankruptcy has real consequences
(DBN)

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Education:

Goldman Sachs Drove Innocent Woman to Stripping
(DBN)

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New Bankruptcy Opinions
(2 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)

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Bankruptcy Statistics:

NH: Bankruptcy filings fall in July, 1st decline since 2006
(DBN)

Southern California – America’s Small Business Bankruptcy Leader
(DBN)

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Miscellaneous:

Canal Corp, Calvary Baptist Church, Tronox, Spheris, Mexicana: Bankruptcy
(DBN)

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Private Equity:

The Bigger They Come, The Harder They Fall…Maybe
(DBN)

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Poetry:

Dodd-Frank Limerick
(DBN)

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Compensation:

Mr. Fairness
(DBN)

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Insurance:

Executive Protection: D&O Insurance - The Insuring Agreement
(DBN)

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Litigation:

5th Circuit Hears Attorney's Appeal Of Sanction For Discovery That Occurred In Arbitration
(DBN)

Revenue Climbing Back for EDD Industry
(DBN)

Being an Expert Witness—It’s Not Like TV
(DBN)

Mazzeo vs. Gibbons Suit Makes Us Fall In Love With A Judge
(DBN)

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Bankruptcy Finance:

Specialty Finance Companies Offer Alternative to Traditional Lenders
(DBN)

Darkest Days for DIP Financing Appear to Be Over
(DBN)

Judicial Backlash Adds to Challenges Faced by Lenders
(DBN)

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Tax:

Filipowski sues BDO Seidman over tax shelter
(DBN)

Swiss Banking Secrets From the Mouth of the UBS Whistleblower
(DBN)

Telling Swiss secrets: A banker's betrayal
(DBN)

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Politics:

Anger mounts over holiday bill -- paid by taxpayers
(DBN)

Lavish Obama vacation in time of economic turmoil raises eyebrows
(DBN)

The Flimflam Man
(DBN)

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Oil/Gas:

As Gulf plug firms up, BP shakes up its spill team
(DBN)

In Shakeup, Incoming Spill Claims Czar Will Drop BP’s Contractor
(DBN)

How Did 5M Barrels of Gulf Oil Disappear?
(DBN)

BP Says Tests Show Cement Plug on Macondo Well Is Working
(DBN)

BP removing oil-blocking booms from Alabama coast
(DBN)

As Spill Recedes, Probes Advance
(DBN)

Deep-water drilling ban having a painful effect on oil industry
(DBN)

Gulf 'Spillionaires' Target Real Estate Market
(DBN)

Lawsuits piling up against Transocean
(DBN)

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Banking:

Chicago Bank Fails, 2010 Tally Hits 109
(DBN)

Interactive Map of Failed Banks
(DBN)

Two Top FDIC Officials Departing Aug. 13
(DBN)

With income from debit card fees falling, banks likely to raise other charges
(DBN)

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Aerospace:

Rocketplane lands in bankruptcy
(DBN)

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Gambling:

Too many casinos too close together? Cash-starved Northeastern states saturate gambling market
(DBN)

Fertittas win Station Casinos bankruptcy auction
(DBN)

Station Casino family to keep control: reports
(DBN)

Station Casino license revoked
(DBN)

Palm Beach Princess, idle in Bahamas, may sail into sunset after bankruptcy deal
(DBN)

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Religion:

Diocese bankruptcy documents detail alleged abuse
(DBN)

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Student Debt:

When Student Loans Live After Death
(DBN)

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Crime:

Widow of triple homicide victim sues in bankruptcy court over debt
(DBN)

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Debt Collection:

Stressed debtors open to calls, collections efforts for years
(DBN)

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Chemicals:

Anadarko says Tronox disclosure statement false and misleading
(DBN)

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Asset Protection:

Protecting Personal Assets
(DBN)

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Sovereigns:

Paris agrees to German plan to manage sovereign defaults
(DBN)

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UK:

US bankruptcy rulings could be enforced in UK
(DBN)

19% drop in corporate insolvencies in Q2 2010
(DBN)

Personal insolvency stats take first drop since 2008
(DBN)

Upbeat insolvency stats are "tip of debt iceberg"
(DBN)

Lenient creditors help curb company failures
(DBN)

Sarah Ferguson faces bankruptcy after running up debts of millions
(DBN)

Indebted Duchess of York avoiding bankruptcy
(DBN)

Duchess of York could choose an alternative to bankruptcy
(DBN)

Duchess of York Bankruptcy Scare - Is Fergie in Too Deep?
(DBN)

Sarah Ferguson: The best reason to modernise the monarchy
(DBN)

Fears for Scottish economy as business failures soar
(DBN)

Liverpool Could Be Taken Over By Taxpayer Should Takeover Talks Fail
(DBN)

ICAEW sets up insolvency support for practitioners
(DBN)

______________

Russia:

Russian farmers on brink of bankruptcy
(DBN)

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Canada:

Gatineau mill workers fear for pensions
(DBN)

Toronto without real-estate woes is a city that hardly knows itself
(DBN)

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Germany:

Booming German trade suggests roaring second quarter
(DBN)

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Japan:

Mummies Tell Tale of Economy Missing in Action
(DBN)

Japan's Debt Is So High, It Doesn't Even Fit On The Charts
(DBN)

Japan's Economic Stagnation Is Creating a Nation of Lost Youths
(DBN)

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China:

Why China Is The Leading Indicator Among Leading Indicators
(DBN)

Jobs Aplenty in Chinese Factories
(DBN)

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