December 1, 2010

The Daily Bankruptcy News

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Law:

Top Partners to Work For – New York
(DBN)

Law Firm Leaders Survey 2010 The New Normal
(DBN)

Law Firm Leaders Survey 2010: The Client's View
(DBN)

Small Class Sizes, Partner De-Equitization, and Increased Profits on the Biglaw Horizon
(DBN)

Miller Canfield, Jones Day Advise on GM Unit Sale
(DBN)

‘Tis the Season for Holiday Parties—and Booze-Fueled Employee Missteps
(DBN)

Raising Rates Back in Vogue?
(DBN)

What GC's Really Want
(DBN)

Skadden Hires Leading Trial Attorney
(DBN)

Clifford Chance Denies Racial or Sexual Bias in NY Layoff
(DBN)

Zombie Firm Shambles After 48 Ex-Partners for Last Two Months Pay, Refugees Cry Foul
(DBN)

US Senate Votes to Exempt Lawyers from ‘Red Flags Rule’
(DBN)

Is Nixon Peabody Facing a Mutiny? Significant Partner Defections Could Be on the Way.
(DBN)

Innovative Lawyering: Essential repairs to corporate America
(DBN)

Innovative Lawyering: Restructuring 2010 Rankings
(DBN)

Innovative Lawyering: Putting Detroit on the road to recovery
(DBN)

Jones Day Announces Plans for New Office in Boston
(DBN)

Jones Day appoints California partners to leadership positions
(DBN)

Change in Leadership at Chadbourne & Parke
(DBN)

Simpson Thacher's Time Sheet Policy--Barely Legal?
(DBN)

Former Partner of Crookedest Lawyer Ever Moves to Disqualify Trustee's Law Firm
(DBN)

Clifford Chance Denies Former Associate's Discrimination Claims
(DBN)

Documents show how Rangel's legal fees grew
(DBN)

Looking Young — or Acting Young?
(DBN)

As 1L Ponders Cost-Benefit Ratio of Dropping Out Now, ATL Survey Says: Do It
(DBN)

Does contract work make unemployed lawyers unemployable?
(DBN)

Alternative Fees: 'On Different Planets': Look, We're Not Seeing Eye to Eye Here
(DBN)

Law Prof Links Lawyer Regs and ‘Gaping Hole’ in Legal Services for Middle Class
(DBN)

LA Dodgers Owner Frank McCourt Says Divorce Settlement Mediation Failed
(DBN)

Double Down
(DBN)

Chevron Claims Patton Boggs Conflict, Due to Lobbying Link, in $27B Environmental Case
(DBN)

Dole Food hit with fees for suing directors of banana plantation documentary
(DBN)

Ex-WolfBlock Partner Claims Top Lawyers Colluded With Competitor Firm
(DBN)

DOJ Says Ex-Police Monitor, Not Her Former Firms, Should Return $10 Million
(DBN)

Former Partner of Crookedest Lawyer Ever Moves to Disqualify Trustee's Law Firm
(DBN)

Legal Disclaimer Hall of Fame
(DBN)

BofA, Delta, Barclays, Goldman, Deutsche Telekom in Court News
(DBN)

Bankruptcy lawyer named head of litigation at Stikeman Elliott's Montreal office
(DBN)

Merger Mania Grips Canadian Law Firms
(DBN)

Stern seeks dismissal of conviction in Smith case
(DBN)

Online Law School Reportedly Looking for D.C. Brick-and-Mortar Campus
(DBN)

Courts: Using another's SSN not a crime
(DBN)

Lawyer Has Close Call With Alleged International Scam
(DBN)

California prison overcrowding: Supreme Court hears case on California prison overcrowding
(DBN)

Suspended Lawyer Who Allegedly Kept Practicing and Forged Court Docs Is Jailed for Contempt
(DBN)

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Judges:

Judge Waits 11 Years to Rule on Case
(DBN)

Two Judges Seek Punitive Damages From Sheriff Arpaio for Defamation
(DBN)

Court overturns judge's ruling in malpractice case due to ties to plaintiff's lawyer
(DBN)

Judges on the Verge of a Nervous Breakdown
(DBN)

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Wall Street:

US Stock-Index Futures Rise
(DBN)

European Markets Edge Higher
(DBN)

Stocks Fall Amid Debt Fears
(DBN)

Stocks Pare Losses On Consumer Confidence, Tax Cut Progress
(DBN)

Stocks end November on a down note
(DBN)

Japanese Stock Futures, Australian Shares Fall on Europe Debt
(DBN)

Wall Street Can Start Panicking About WikiLeaks Now
(DBN)

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Layoffs:

Unemployment extension unlikely; jobless file for last checks
(DBN)

Tempers Flare As Benefits Near Expiration
(DBN)

Bernanke Tells Executives He's Concerned About Jobless
(DBN)

Fed's Bernanke:Growth Not Fast Enough To Cut Unemp Materially
(DBN)

State Street to Cut 1,400 Jobs as Low Rates Squeeze Revenue
(DBN)

FedEx to cut more than 200 Ohio jobs
(DBN)

Novartis Plans to Cut 1,400 Drug Sales Jobs in US
(DBN)

Barclays Capital Said to Plan More Job Cuts
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

WaMu Shareholder Tactic May Bar Public From Bankruptcy Hearing
(DBN)

Bank of America shares fall on WikiLeaks fear
(DBN)

Why WikiLeaks Can't Take Down Bank of America
(DBN)

Banks Working On Sequel To Leveraged Loan Odyssey: 2001
(DBN)

Banks See Margins Widen by Deposits Surging to Most Since 1990s
(DBN)

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Gambling:

OTB down to the wire: State Assembly passes critical legislation
(DBN)

Albany's dysfunction has city's OTB facing a Friday finish-ed line
(DBN)

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Utilities:

MatlinPatterson Appeals Sale of Boston Generating
(DBN)

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Symphonies:

Louisville Orchestra still afloat after anonymous donation
(DBN)

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Lehman:

Lehman Suing Bank of America, Barclays Unit Over 2007 CDOs
(DBN)

Barclays Urges Court to Throw Out SEC Claim on Lehman Transfer
(DBN)

SEC Avoiding Criticism on Lehman Deal, Barclays Says
(DBN)

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Hotels:

Pittsburgh Hilton Now a Wyndham
(DBN)

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Magazines:

‘We paid 95 percent less than they paid’
(DBN)

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Economy:

Consumer Confidence in US Rises More Than Estimated to a Five-Month High
(DBN)

Fed Official: US Growth Slowdown Troubling
(DBN)

Fed to Name Recipients of $3.3 Trillion in Aid During Crisis
(DBN)

Fed’s Kocherlakota Wants Inflation Expectations Increase
(DBN)

Fed Discount-Rate Minutes Show 2 Banks Want Higher Rate
(DBN)

AP-CNBC Poll: Cut services to balance the budget
(DBN)

Cantor: No time to increase taxes on anybody
(DBN)

Fed Nominee: Tax Cuts for Rich Bad Policy
(DBN)

Obama Halts Increase of Locality Pay as Part of Salary Freeze
(DBN)

`Zombie' Economic Theories Stalk Planet, Threaten More Meltdowns
(DBN)

Cut-off of jobless aid would lower economic growth
(DBN)

Debt Panel Unlikely to Reach Agreement, Ryan Says
(DBN)

TARP assistance for AIG will cost Treasury $14 billion: CBO
(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:

Home Prices in US Will `Bounce Along the Bottom,' Case Says
(DBN)

Home prices falling faster in most metro areas
(DBN)

A Look at Case-Shiller, by Metro Area (November Update)
(DBN)

Freddie Mac: Home values down 3.1% in 3Q
(DBN)

Private mortgage insurance application volume decreased in October
(DBN)

30-year mortgage rates trend upward to 4.3%
(DBN)

Bank of America Case Hurtles Toward the Great MBS Unwind
(DBN)

BofA’s ‘Sloppy’ Prime Mortgages Add to Pressure for Buybacks
(DBN)

Regulators to be pressed on foreclosure lapses
(DBN)

Court reverses foreclosure, says owner not properly notified
(DBN)

What Your Landlord Isn't Telling You
(DBN)

Lawsuit alleges America's Servicing Company induced distressed borrowers into default
(DBN)

Servicer-Driven Foreclosures: The Perfect Crime?
(DBN)

Will The Fed Withdraw Its Foreclosure Predator Bailout?
(DBN)

LV: Entertainment exec's company seeks bankruptcy as development plans stall
(DBN)

Medallion Homes files Chapter 11
(DBN)

Banks seeking to foreclose face more questions about legal standing
(DBN)

One-third of Fannie, Freddie mortgage repurchase requests 120 days or older
(DBN)

Limitless variety of real estate scams in the CA Central Valley
(DBN)

Defaults on U.S. Commercial Mortgages Held by Banks Rose in Third Quarter
(DBN)

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Corporate Reform:

Massachusetts regulator subpoenas Guidepoint Global
(DBN)

The SEC Doesn't Like Andrew Cuomo's Methods
(DBN)

SEC Pushed For Quick End to BofA, Merrill Probe
(DBN)

WikiLeaks Has Trove of US Bank Documents
(DBN)

Bogus Attacks On the CFPB
(DBN)

consumer agency too independent for its own good?
(DBN)

Is Consumer Panel Arbitrarily Funded?
(DBN)

Faced With Big Investigation, Wall St. Says 'Meh'
(DBN)

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Religion:

Archdiocese Delays Motion Upon Hearing Alleged Victim Filed Bankruptcy
(DBN)

Church won't seek legal costs from priest accuser
(DBN)

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Municipalities:

Bankrupt Vallejo, California, Approves Five-Year Plan for Restructuring
(DBN)

California city approves plan to exit bankruptcy
(DBN)

Report: States Face More Financial Stress
(DBN)

County, Insurer To Cover Harrisburg Incinerator Debt Payments
(DBN)

Cash-Strapped Newark Forced To Lay Off 14% Of Police Force
(DBN)

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Compensation:

Bank Pay Practices Worsened Since Crisis, Study Says
(DBN)

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Mass Torts:

Florida Doctor Accused by U.S. of Fraud in Fen-Phen Drug Scheme
(DBN)

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Toll Roads:

Toll may have doomed Southern Connector, some say
(DBN)

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Resorts:

Tamarack owner: Credit Suisse motives 'senseless'
(DBN)

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Celebs:

Devil Breaks Deal With Thomas Kinkade
(DBN)

he Quaid Conspiracy
(DBN)

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Museums:

Museum Mess Cleaned at Last?
(DBN)

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Health Care:

Hospital aiming to restructure or sell
(DBN)

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Hollywood:

Icahn board selections surprise
(DBN)

Icahn Extends Lions Gate Tender Offer, Adds Legal Victory as a Condition
(DBN)

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M&A:

M&A 101: Reverse Termination Fees and ‘Social Issues’
(DBN)

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Retailing:

Thanksgiving Retail Sales up 9.2%
(DBN)

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Food/Drink:

400 Claim Jumper Restaurant Workers Get Pink Slips
(DBN)

Judah receiver takes Zoo-kini parent into bankruptcy, closes Lubbock, San Angelo locations
(DBN)

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Aviation:

(Complete Photos) The Mexicana Flight Attendants' Hot 2011 Calendar
(DBN)

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Investment Management:

UBS, RBS Object to GSC Group Sale to Black Diamond
(DBN)

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Distressed Investing:

Steven Posner, 67, Former Corporate Raider, Dies
(DBN)

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Personal Finance:

It’s a Deal: 25% Off Everything at Macy’s
(DBN)

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Autos:

Magna clients threatened to pull business over Opel sale
(DBN)

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Credit Cards:

Facing public outrage, the Kardashians cancel their especially sleazy prepaid debit card
(DBN)

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Education:

More debts than diplomas from for-profit colleges
(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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Miscellaneous:

Vitro, Claim Jumper, Connector 2000, Barzel, WaMu: Bankruptcy
(DBN)

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Bankruptcy Statistics:

OC small-business bankruptcies rise in Q3
(DBN)

Small-Business Bankruptcies Decline in Several Ailing US Areas
(DBN)

Small Business Bankruptcies Fall in Top Metro Areas, Equifax Says
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Fraud:

Guidepoint Subpoenaed by Massachusetts Officials Over Hedge Fund Relation
(DBN)

SEC Sues Ex-Deloitte Tax Partner, Wife for Insider Trading Tied to Mergers
(DBN)

Madoff Trustee Seeking Aston Martin, Yacht, More London Assets
(DBN)

Ex-JPMorgan Banker Pleads Guilty to Rigging US Municipal Bond Contracts
(DBN)

IVest Managing Partner Defrauded Investors, U.S. Says
(DBN)

Rothstein case a family affair
(DBN)

Motion filed to disqualify Berger Singerman in RRA case
(DBN)

Rattner’s DC Departure Related to Pension Fund Probe
(DBN)

Goldman Fails to Vacate $20.1 Million Bayou Award
(DBN)

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Consumer Finance:

The KFC of Payday Loans
(DBN)

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Credit Reporting:

Economy Hurting Consumer Credit Scores
(DBN)

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Accounting:

Your Future Accounting Jobs Belong to Sri Lanka
(DBN)

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Tax:

Vastly Unpopular 1099 Requirement Survives Thanks to the Reliable Dysfunction of the U.S. Senate
(DBN)

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Avoidance Actions:

Bankruptcy Court Reinforces New Value Defense to Preference Claims
(DBN)

Fraud, Not So Ordinary: A Look into the Ordinary Course of Business Defense to Preference Actions
(DBN)

Trustees Beware! Securitization Trustees May Be Liable for Fraudulent Transfers
(DBN)

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Litigation:

What to Look For in an Expert Witness
(DBN)

Beginning 01 December 2010: Drafts of Expert Reports, Attorney-Expert Communications No Longer Discoverable
(DBN)

Ubiquitous Databases
(DBN)

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Arbitration:

Goldman's $20 Million Consequence
(DBN)

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Consultants:

A father-and-son detective duo
(DBN)

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Horse Racing:

Horse out of barn on New Castle racetrack?
(DBN)

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UK:

British Housing Market Faces a `Tough Year,' Country's Largest Broker Says
(DBN)

UK's Loan to Ireland Isn't `Blank Check' for Other Nations, Osborne Says
(DBN)

UK Manufacturing Index Jumps to 16-Year High as Weak Pound Fuels Exports
(DBN)

Is the Duchess of York set to clear her £5m debt?
(DBN)

Bank of England Chief Criticized UK Leaders to US
(DBN)

Winding Up Petitions - 30th November 2010
(DBN)

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EU:

Europe's Crisis Widens
(DBN)

The Truth About Europe’s Bailouts
(DBN)

Europe Debt Fears Hit More Secure Countries
(DBN)

Europe Manufacturing Grows at Fastest Pace in Four Months, Led by Germany
(DBN)

Euro Falls to Near 10-Week Low on View ECB Won't Raise Rates Amid Crisis
(DBN)

Euro Zone Members as U.S. States
(DBN)

Contagion May Force EU to Expand Arsenal to Fight Debt Crisis
(DBN)

The European rescue plan that dare not speak its name
(DBN)

Brace For Speculator-Bashing as Euro Sinks
(DBN)

Eurozone tempest heads towards Italy
(DBN)

Europe’s debt yields show investors are unconvinced
(DBN)

The tale of two economic Europes
(DBN)

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PIGS:

Irish Contagion Spreads to Less Risky Bond Markets: Euro Credit
(DBN)

Ireland Loan From London Pains Belfast Republicans Ruing `Days of Empire'
(DBN)

Ireland's young face familiar choice: Stay or go?
(DBN)

German pain, Ireland's gain
(DBN)

Costs awarded to Anglo in Drumm home-transfer action
(DBN)

Anglo Irish Bank goes to Boston court to question David Drumm
(DBN)

Bailout fails to calm markets as costs rise in Spain and Portugal
(DBN)

The perilous condition of Portugal's banks
(DBN)

Portugal May Be Cut by S&P on Austerity Plan Concern
(DBN)

Why Rato Smiles After Spanish Banks Proved No Amusing Failure
(DBN)

Greek Companies Declaring Bankruptcy Increase by 44%
(DBN)

Italian, Spanish, Irish 10-Year Treasury Bonds Rise; Yield Spreads Narrow
(DBN)

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Canada:

Canada Economy Slows to 1% Pace in Third Quarter
(DBN)

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Mexico:

Vitro says U.S. court rejects freezing assets
(DBN)

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New Zealand:

Henderson: The rise and fall
(DBN)

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Russia:

Leading Russian bank declared bankrupt
(DBN)

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Bolivia:

Bolivian President: Capitalism is root of problems facing world; Urges declaration of rights for Earth'
(DBN)

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