December 13, 2010

The Daily Bankruptcy News

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Law:

Winston & Strawn Breaks Out the Bubbly for Bar Passers
(DBN)

Expert Warns of Law Firm ‘Overcapacity’ and ‘Further Timekeeper Cuts’
(DBN)

Facing ‘Unrelenting’ Price Pressures, Law Firms Turn to Outsourcing, Innovation
(DBN)

H. Jason Gold Elected to American Board of Certification's Board of Directors
(DBN)

Arbitrator Finds Goodwin Procter Overcharged Client, Orders 55% Cut in Legal Tab
(DBN)

Litigation Is Expensive; Get Used to It
(DBN)

New Hiring Outlook: Suspiciously Sunny
(DBN)

Citi's 3rd Quarter Law Firm Results: Pricing Pressures
(DBN)

The Death of the Law Partnership
(DBN)

What Will Salaries for In-House Lawyers Look Like in 2011?
(DBN)

Stanford, Sidley launch study into the state of the profession
(DBN)

Madoff Son Found Dead in Suicide (By Legendary Litigator Martin London of Paul Weiss)
(DBN)

Law professor says financial crisis is a wakeup call
(DBN)

Brownstein Hyatt Opens New Phoenix Office
(DBN)

In-House Lawyer Sucked Into Nasty Fight Between New York AG Cuomo and Financier
(DBN)

Name Litigation Partner, Four Others Defect to BigLaw
(DBN)

Pavilack defends property shuffling
(DBN)

Boing!: Bounced Paychecks Trigger Firm's Disclosure of Five-Year Malpractice Battle
(DBN)

Every Day, DOJ Lawyer Deals with ‘Two or Three Cases of a Lifetime’
(DBN)

Trustee dogs ex-'One Call' attorney Barton
(DBN)

Federal prosecutors likely to keep jobs after cases collapse
(DBN)

Pls Hndle Thx: There Are Daggers Behind Men’s Smiles
(DBN)

Former Beauty Queen, Law Student Headed to Prison
(DBN)

Calling Single Lawyers in D.C.
(DBN)

Judge Refuses to Release Names of SEC Lawyers Who Viewed ---- at Work
(DBN)

Madoff, Goldman, Moody's, HSBC, SocGen in Court News
(DBN)

MacBook Air: A Review
(DBN)

Using Acrobat Instead of PowerPoint?
(DBN)

Issues to Consider Before Opening Your Own Law Firm
(DBN)

Firm Swindled in E-Mail Check Scam May Access BofA Investigatory Files
(DBN)

Long Road for Ian Gershengorn, Defender of Health Care Law
(DBN)

Law License of Ex-Gov and Ex-AG of N.C. is Suspended, Following Criminal Conviction
(DBN)

Calif. High School Wrestler's 'Butt Drag' Earns Him Sexual Assault Charges
(DBN)

Capital One Sues Cardholder for $286 Million and Fails to Appear
(DBN)

Laid Off Kirkland Associate Lands Job—as Trump’s Apprentice
(DBN)

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Judges:

US News & Unintended Consequences for Bankruptcy Judges (and the Law Clerks They Hire)
(DBN)

New Chief Cal Supreme's Name Proves to be... Challenging
(DBN)

Lippman Predicts Sizable Raise for Judiciary After Bill Signing
(DBN)

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Wall Street:

Futures Rise Amid Global Gains
(DBN)

Stocks poised for timid open
(DBN)

Asian Shares End Mostly Up;China Up As Tightening Concerns Ease
(DBN)

Stocks close higher on encouraging economic signs
(DBN)

Wall Street Sees Record Revenue in Recovery From Bailout
(DBN)

S&P 500 and Nasdaq Finish at New Highs
(DBN)

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Layoffs:

Mancession: The Declining Demand for Men
(DBN)

Losing a Job, Mourning a Lifestyle
(DBN)

400 jobs at risk at Creditron Financial Corp.
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Symphonies:

DSO reports $8.8M deficit for 2010
(DBN
)

Honolulu Symphony Curtain Call Comes After 110 Years
(DBN)

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Compensation:

Bonus rage returns
(DBN)

Bloomberg Poll Shows Most Want Bonus Ban
(DBN)

GM Seeks Easing of Executive Pay Restrictions
(DBN)

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Television:

RHI Entertainment Files for Bankruptcy Saying it May Owe Up to $1 Billion
(DBN)

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Hotels:

Baymont Inn & Suites owners file for bankruptcy
(DBN)

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Autos:

GM was humbled by 'near-death experience'
(DBN)

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Tax:

IRS: Exclusive Montana resort founder owes $15.4M
(DBN)

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Retailing:

Rock & Republic Deal Breaks Apart
(DBN)

TJX Plans to Close AJ Wright Stores, Cut 4400 Jobs
(DBN)

Tenants unsure who to pay in shopping center ownership dispute
(DBN)

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Oil/Gas:

Probe Parent Announces Filing Of Chapter 11 Bankruptcy
(DBN)

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Economy:

November federal budget deficit highest on record
(DBN)

Treasuries Decline; Economic Reports to Add to Recovery Signs
(DBN)

Economic stress falls to 18-month low
(DBN)

20 Most Stressed, 20 Least Stressed Counties
(DBN)

Economists Predict Growth in '11
(DBN)

U.S. trade deficit narrows sharply in October
(DBN)

Sentiment and Trade Data Signal Firmer Recovery
(DBN)

Joseph Stiglitz: America's QE2 poses 'considerable' risks
(DBN)

Obama Admits That Tax Cuts For The Rich Won’t Create Jobs
(DBN)

Tax Deal Is Set To Pass Senate
(DBN)

SocGen Cranks Up GDP Outlook By A Full Percent Based On Tax Deal
(DBN)

The tax deal's big winners
(DBN)

Obama to Meet With Executives
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Judge Rejects Wells Fargo Foreclosure Documents Again
(DBN)

Need to cut deficit will transform home financing
(DBN)

TARP watchdog to meet with Geithner next week over foreclosure prevention
(DBN)

S&P wants mortgage servicer assurance on foreclosures
(DBN)

JPMorgan Seeks to Put $1.55 Billion KB Home Nevada Project Into Bankruptcy
(DBN)

Judge denies city's request to move Banning Lewis bankruptcy to Colorado
(DBN)

Will the Statler Towers Receive a New Trustee?
(DBN)

The Nerve to Say No
(DBN)

BofA Looks to Sell Toxic Mortgages Worth $1 Billion
(DBN)

Phoenix: Mansions 50% Off
(DBN)

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Fraud:

Madoff Trustee Sues Medici Bank, Founder for $59 Billion
(DBN)

Madoff Trustee Launches $19.6 Billion Lawsuit; Sixty groups and individuals accused of participating in 'illegal scheme'
(DBN)

Suit to Recover Madoff’s Money Calls Austrian a Mastermind
(DBN)

Madoff Mania: Trustee Churns Out Suits Right Up to Deadline
(DBN)

Madoff trustee files claims against accountants
(DBN)

Weil's Miller Says Madoff Trustee Lawsuit `in Gray Area'
(DBN)

Wall Street Speculators Seek To Profit from Madoff Victims' Losses
(DBN)

Life After Madoff's 'Big Lie'
(DBN)

Madoff's son hangs himself with dog collar in SoHo apartment
(DBN)

Mark Madoff and the Fraud's Burden
(DBN)

The Tragedy of Mark Madoff
(DBN)

Suicide Won't End Madoff Lawsuits
(DBN)

Madoff's Crime Scene Draws a Crowd
(DBN)

Picard Suit Dogged Madoff
(DBN)

Madoff's Other Victims: His Former Employees
(DBN)

Madoff, My Son & NYU
(DBN)

Amid Madoff Anniversary, a Question of Trust
(DBN)

Hecker girlfriend details expenses, avoids jail
(DBN)

How to Avoid Being Taken in by a Ponzi Scheme
(DBN)

Rothstein investors iron out settlement
(DBN)

Rothstein bodyguard hit with $310k clawback suit
(DBN)

The Ponzi Scheme That Changed My Life
(DBN)

Cattlemen Look for Lessons in $130 Million Swindle
(DBN)

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Baseball:

Trustee's office to challenge lawyers' claims on Rangers sale
(DBN)

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Mass Torts:

Administrator of BP Fund Offers Bonuses to Spill Victims Who Bypass Suits
(DBN)

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Examiners:

The Effective Bankruptcy Examiner
(DBN)

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Politics:

Hillary Clinton still working on 2008 campaign debt
(DBN)

Boehner Pledges 5% House Budget Cut as a Start on Deficit
(DBN)

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Food/Drink:

A&P, US Grocery Store Owner, Files for Bankruptcy as Competition Rises
(DBN)

Another Whack for Ron Burkle: A&P Preps Bankruptcy
(DBN)

A&P's bankruptcy opens the door for Burkle
(DBN)

Shares of A&P plunge on bankruptcy talk
(DBN)

East Greenwich restaurant group files for receivership
(DBN)

A&P owner hires restructuring lawyers
(DBN)

_____________

Video Rentals:

Blockbuster Extends Time to File Bankruptcy Plan
(DBN)

_____________

Telecoms:

TerreStar, Creditors Spar In Bankruptcy Court
(DBN)

Creditors urge court to end Global Capacity's Chapter 11 control
(DBN)

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Religion:

Amish seek dismissal of bankruptcy case
(DBN)

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Marine:

Bankruptcy Court Approves Trico Marine's Sale of 2 Vessels for $31.3M
(DBN)

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Trucking:

Arrow workers get a break
(DBN)

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Finance:

Advanta creditors oppose liquidation plan
(DBN)

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Elder Debt:

Many seniors drowning in bills, fear things will get worse
(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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Bankruptcy Statistics:

Projected Filings for 2011
(DBN)

Dayton-area businesses slow pace of bankruptcy filings
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Bankruptcy Preference Actions-An Updated Primer
(DBN)

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Competition:

FTC sues to undo completed acquisition approved by bankruptcy court
(DBN)

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Corporate Reform:

Fixing Wall Street: Bair, Schapiro and Warren The Most Influential People of 2010?
(DBN)

Wall Street Bonuses Show `We Still Have a Problem,' Obama Aide Warren Says
(DBN)

Elizabeth Warren: The watchdog consumers will thank
(DBN)

Brace Yourself: This Could Be The Week For Massive Insider Trading Arrests
(DBN)

SEC Agrees to 50 Percent Reduction in Jury Award Against Ex-Kmart CEO
(DBN)

Did the DOJ Pad the Stats on Financial Fraud Crackdown?
(DBN)

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Subprime:

Risky Borrowers Find Credit Available Again, at a Price
(DBN)

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Celebs:

'N Sync's Lance Bass Targeted in Polaroid Bankruptcy
(DBN)

Housewife hubby files for bankruptcy protection
(DBN)

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Municipalities:

CBO Has Started Weighing The Benefits Of Bankruptcy Or Default For Local Governments
(DBN)

Gotham's Savior , Beaten by Albany - The man who rescued New York City in the 1970s says that to clean up its fiscal mess the Empire State will need a new law allowing bankruptcy
(DBN)

Mangano Lowers Taxes but Leaves Nassau County in a Fiscal Crisis
(DBN)

Cash-strapped county braces for filthy bathrooms
(DBN)

Detroit Is Halting Garbage Pickup, Police Patrols In 20% Of City: Expect Bankruptcy In 2011
(DBN)

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Litigation:

The Ins and Outs of Excluding Evidence
(DBN)

______________

Hollywood:

Bergstein loses case in the UK
(DBN)

_____________

Health Care:

Insight Health Services Files for Chapter 11 Bankruptcy
(DBN)

Following the Money, Doctors Ration Care
(DBN)

______________

Horse Racing:

NYRA Defends Raises; Others Question Timing
(DBN)

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Derivatives:

A Secretive Banking Elite Rules Trading in Derivatives
(DBN)

_____________

Banking:

2 Bank Failures Bring Year's Tally To 151
(DBN)

Batting Cleanup at Bank of America
(DBN)

Bankers can only hope to be like Howard Stern
(DBN)

_____________

Pensions:

Domestic and foreign pension claims come to the U.S. bankruptcy table
(DBN)

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Cross-Border:

Foreign representative granted foreign avoidance powers in Chapter 15 case
(DBN)

_____________

UK:

Lehman, Nortel must cover UK plan deficits, court rules
(DBN)

Corrupt Bankruptcy Advice Firm Shut Down by The Insolvency Service
(DBN)

Grant Thornton call in lawyers to Asil Nadir case
(DBN)

British Mall Owner Rejects Aid From U.S. Shareholder
(DBN)

Fleming opts for British bankruptcy after collapse of firm with €1bn debts
(DBN)

'Soft' UK law leaves broke Fleming free to build within year
(DBN)

Insolvency Service shuts down bankruptcy business
(DBN)

_____________

EU:

Group Sees Long-Term Crimp on Growth in Europe
(DBN)

Germany Signals Support for Euro-Zone Members
(DBN)

Euro Zone Needs Fiscal Tightening Despite Growth Impact: OECD
(DBN)

_____________

PIGS:

End to Ireland’s Financial Crisis Starts With Banks
(DBN)

Greek Budget Deficit Shrinks 27.4% as Revenue Advances
(DBN)

Portugal's Leader Says It Does Not Need International Bailout
(DBN)

Portugal And Other European Pigs
(DBN)

Moody's Maintains Negative Outlook on Spain Banks, Citing Funding Concern
(DBN)

_____________

Cuba:

Cuba to be insolvent within 2-3 years?
(DBN)

______________

Iceland:

Currency Risk for Iceland in New Icesave Deal
(DBN)

PwC tagged in audit failure over collapse of Iceland's banks
(DBN)

_____________

Middle East:

Dubai's Ruler Shakes Up Dubai World Leadership
(DBN)

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