December 15, 2010

The Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Law:

Top Partners to Work For – California
(DBN)

Coudert Estate Claims Orrick Dealt Defunct Firm a 'Fatal Blow'
(DBN)

Bonus Watch: Clifford Chance Matches Cravath
(DBN)

Bonus Watch: Cadwalader
(DBN)

Reviving Economy Means Fatter Wallets, Bigger Bonuses at Firms
(DBN)

The New York Area’s Lawyers of the Year
(DBN)

Unemployed Lawyers and Law Students: Is Your Résumé Why You Don’t Have A Job?
(DBN)

Legal Outsourcing Consultant Predicts More Onshoring
(DBN)

Lehman to Pay Jones Day $11.6 Million in Fees for Four Months' Litigation
(DBN)

Judge Tosses Malpractice Case Filed Against Manatt By Former NFL Players
(DBN)

Sullivan Hill's Rudolph named a director of Bankruptcy Forum
(DBN)

Robert Shapiro Loses Initial Round in Suit by Jailed Phil Spector Seeking Refund of $1M Retainer
(DBN)

Too Cool for School
(DBN)

What Three Law Firms Do General Counsel Say Run the Tightest Ships?
(DBN)

Naughty or Nice?
(DBN)

BigLaw Holiday Parties: It's Not Just the Dancing That's Pathetic
(DBN)

Nixon Peabody Management Shuffle
(DBN)

Katten Muchin Lawyers Detail Role in Internal ChiSox Kickback Probe
(DBN)

In Power Shift, Boston Wrests Control of BigLaw Firm From NY
(DBN)

US charges Phila. firm with mortgage fraud
(DBN)

London associate charged with murder of his wife
(DBN)

Next ‘Huge Issue’ in Foreclosures: Faked Lawyer Signatures
(DBN)

Above the Law Is 1 for 2 at Helping Would-Be Lawyers Do the Right Thing
(DBN)

Gavel Bang, Indeed
(DBN)

Lawyer’s Mom Says She Saw Estranged Husband Kill Her Daughter in Murder-Suicide
(DBN)

Lawyer Can’t Resign from Bar to Avoid Embarrassing Expulsion, 7th Circuit Says
(DBN)

U.S. News to Disclose ALL the Job Info It Collects: But Let’s Not Lick Each Other’s Popsicles Just Yet.
(DBN)

Goodbye Bar Nights, Hello Hemp Days: Give Pot to ’Dozo Students
(DBN)

Law Libraries Struggle With More Patrons, Less Funding
(DBN)

Judge Rules ‘Attorney on a Gurney’ Is Competent for Trial
(DBN)

DOJ Sues School District for Allegedly Refusing to Accommodate Teacher’s Pilgrimage to Mecca
(DBN)

Adobe Acrobat X Brings New Lawyer-Friendly Features
(DBN)

California Solo Turns Embarrassing Truck into Mobile Ad
(DBN)

Reality TV the Perfect Medium for These Lawyers
(DBN)

______________

Judges:

Senate is Still Working on Judicial Nominees
(DBN)

Advise and Obstruct
(DBN)

Does the Health-Care Judge Have Conflicts?
(DBN)

Judge barks at conviction for letting dog bite neighbor
(DBN)

A Supreme Decision: iPad v. Kindle
(DBN)

When do Supreme Court justices need to just sit down and be quiet?
(DBN)

Elena Kagan Speaks Out For the First Time as a U.S. Justice
(DBN)

______________

Wall Street:

Wall Street Sees Record Revenue in Recovery
(DBN)

______________

Layoffs:

Obama to Push Corporate America to Hire
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Sales:

Section 363 Sales and the FTC – Caveat Emptor
(DBN)

______________

Retailing:

Nov. retail sales signal strong holiday shopping season
(DBN)

Best Buy cuts forecast as profit falls 4.4%
(DBN)

US: Consumers Back in Shopping Mode
(DBN)

______________

Newspapers:

Tribune Step One Lenders Drop Reorganization Plan
(DBN)

______________

Cross-Border:

U.S. Vitro companies oppose bankruptcy filing
(DBN)

______________

Food/Drink:

Can A&P bounce back from bankruptcy ?
(DBN)

______________

Celebs:

'Housewives of OC' star writes letter to disprove bankruptcy
(DBN)

______________

Festivals:

Taste of Minnesota ends in bankruptcy
(DBN)

______________

Golf:

Owner of closed Garland, Rockwall country clubs hopes for deal that will allow sale
(DBN)

______________

Economy:

Chief Executives in US Are the Most Optimistic Since 2006, Survey Shows
(DBN)

Fed Retains $600 Billion Bond-Buying Plan to Boost Economy
(DBN)

Growth Sluggish, Fed Keeps Buying Bonds
(DBN)

Democrats Are Moaning Over A Social Security Tax Cut That Will Actually Help The Middle Class
(DBN)

High Income, No Taxes, Perfectly Legal
(DBN)

Economists Lift Outlook for GDP
(DBN)

Why America’s Two Economies Continue to Drift Apart, and What Washington Isn't Doing About It
(DBN)

Is deleveraging just a delusion?
(DBN)

What Americans Lost in This Recession
(DBN)

Want to Know Why Our Economy Is in Trouble? Look at Iceland
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Lenders, servicers scramble to shift cases to new firms
(DBN)

More Stern fallout: Homes sell for as little as $200
(DBN)

Say a little prayer: foreclosures restarting
(DBN)

The Real Estate Collapse? It'll Be in the Final
(DBN)

Robo-signing hangover slows foreclosures in Western states
(DBN)

Turns out government sucks at preventing foreclosure
(DBN)

Letters From Foreclosure
(DBN)

Panel: HAMP Tripped Up by Servicers
(DBN)

Strategic defaulters opt to continue paying on second liens
(DBN)

Moody's sees more foreclosure
(DBN)

Iowa AG seeks jail time for bad mortgage bankers
(DBN)

Mastro friend owes $9.5 million, judge rules
(DBN)

FHA withdrawals approval of Cambridge Home Capital
(DBN)

Commercial/multifamily mortgage debt decreases in 3Q
(DBN)

Mortgage fraud suspicious activity reports up 7% in first half of 2010
(DBN)

_____________

Mass Torts:

Feinberg Says Many Oil Spill Victims to Continue Seeking Payment
(DBN)

Justice Dept. to Join Oil-Spill Suits
(DBN)

US expected to file Gulf oil spill civil case
(DBN)

Aging Rigs Expose Gulf to Accidents
(DBN)

______________

Fraud:

Bernie Madoff son's body transported from NY morgue to chapel
(DBN)

Austrian bank strikes back at Madoff trustee
(DBN)

Medici: Neither bank nor Sonja Kohn were to blame for Madoff fraud
(DBN)

Mapping the complex web of Madoff's fraud
(DBN)

Madoff's son: 'No one wants to hear the truth'
(DBN)

Madoff's Surviving Son Faces Long List of Woes
(DBN)

More settlements 'in pipeline': Madoff trustee
(DBN)

Winners, pay up! Madoff 'clawback' lawsuits going after Jewish groups, others
(DBN)

Ruth Madoff Said to Blame Bernie for Son's Suicide
(DBN)

This is how cold the Madoff clan is: no service
(DBN)

Bernie Madoff's Secretary Can't Make Bail
(DBN)

Madoff Creditor Claims Trade From $655,000 to $14.6 Million, Records Show
(DBN)

Flock of 'vultures' circling Madoff's victims, buying claims at discounts, hoping for big payout
(DBN)

Madoff trustee: Full return uncertain
(DBN)

Former prison inmate talks about Madoff's life behind bars
(DBN)

Penson sued in Ponzi
(DBN)

Chaska man faces fraud, tax charges in ConServe case
(DBN)

SEC widens Stanford investigation
(DBN)

Stanford Probe Widens to Include Brokerage Officers
(DBN)

This Is What An $880 Million Ponzi Scheme Buys You
(DBN)

Fair Finance probe headed to court
(DBN)

______________

Hollywood:

Lions Gate shareholders elect company board slate
(DBN)

Icahn Loses Bid for Lions Gate Seats
(DBN)

______________

Aviation:

Airline Fees Account for Most Airline Profits
(DBN)

Airline Profits to Drop 40% on Taxes, Oil, Group Says
(DBN)

Adria Airways May File for Bankruptcy
(DBN)

______________

Steel:

MMFX Files Bankruptcy to Win Time in Creditor Dispute
(DBN)

______________

Municipalities:

New Stockton finance chief has bankruptcy experience
(DBN)

Vallejo losing two key players in bankruptcy saga
(DBN)

Mount Diablo School District May Be Headed To Bankruptcy
(DBN)

NY: Tax cap, unfunded mandate combo could bring on bankruptcy for cities, state mayors say
(DBN)

`Avalanche' of Investor Sales Pushes Yields to 16-Month High: Muni Credit
(DBN)

The Richest Counties in America
(DBN)

______________

Politics:

Earmarkers feast on pork one last time before diet
(DBN)

______________

Health Care:

5 Hospitals That Closed Their Doors in 2010
(DBN)

Opposition to Health Law Is Steeped in Tradition
(DBN)

U.S. to Appeal Health Ruling
(DBN)

______________

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)

______________

Miscellaneous:

Vitro, Trico, Broadstripe, Lehman, Magic Brands: Bankruptcy
(DBN)

AIG's Miller Says Citigroup, GM `Good Precedents'
(DBN)

______________

Bankruptcy Statistics:

The Great Bankruptcy Boom Fades
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Corporate Reform:

Your Complete Guide To Who's Who In Wall Street's Spiraling Insider Trading Scandal
(DBN)

Budget Impasse Slows Regulator
(DBN)

______________

Securitization:

Has Bankruptcy Remoteness Become, Well, More Remote in the Seventh Circuit?
(DBN)

______________

Derivatives:

US Credit Swaps Fall for 10th Day, Longest Drop in Four Years
(DBN)

______________

Litigation:

NERA Releases Year-End 2010 Securities Class Action Litigation Study
(DBN)

Discoverability and Ethics of Social Media Data
(DBN)

______________

Tax:

Swiss Adviser Accused in Tax Evasion Case
(DBN)

______________

Hotels:

Innkeepers Judge Says Best Western Can't End Agreement for Florida Hotel
(DBN)

Hotel Monaco Baltimore to fetch $33M under bankruptcy plan
(DBN)

______________

Entertainment:

Judge Says RHI Can Tap Half Of $15 Million Bankruptcy Loan
(DBN)

______________

Horse Racing:

OTB closing could open door for NYRA teletheaters
(DBN)

NYCOTB Prospects Grow Dimmer
(DBN)

Senate Gamble Could Send Horseracing into its Final Lap
(DBN)

______________

Resorts:

Cypress Equities May Buy Sillerman's Defaulted Caribbean Resort
(DBN)

______________

UK:

European Directories Squeezes Mezzanine Lenders in UK Legal `Cram Down'
(DBN)

UK unemployment rises to 2.5m
(DBN)

______________

EU:

Germany says would support ECB capital increase
(DBN)

European Central Bank Considers Capital Increase
(DBN)

Belgium Faces Threat of S&P Downgrade
(DBN)

The ECB's technical insolvency
(DBN)

Investors shun banks’ junior bonds
(DBN)

Belgium And Austria Are Now Targets As Europe's Sovereign Debt Crisis Spreads
(DBN)

______________

PIGS:

Dublin Blocks Bank Bonus Payments
(DBN)

Ireland crisis: Now bonuses paid to Brian Lenihan's civil servants
(DBN)

Irish parliament to vote on EU/IMF bailout
(DBN)

New powers give minister extensive control of banks
(DBN)

Irish govt injects additional capital into EBS
(DBN)

Ireland faces margin of 3% on EU bail-out fund
(DBN)

US official to outline status of Drumm case
(DBN)

Moody's Warns on Spanish Rating
(DBN)

Greece Paralyzed by General Strike Against Reforms
(DBN)

Portugal's Lousy Bill Auction Provides Euro-Zone Reminder
(DBN)

______________

Canada:

Canadians Getting Deeper in Debt Than U.S. Sparks Policy Makers' Warnings
(DBN)

Earl Jones victims protest outside bank
(DBN)

Canadian Stocks Decline After Fed Says Recovery Is Too Slow
(DBN)

Nortel pensioners thrown to wolves
(DBN)

Nortel rep accuses feds of abandoning disabled
(DBN)

Nortel targets former suppliers to claw back some payments
(DBN)

______________

Mexico:

Vitro Files for Voluntary Bankruptcy
(DBN)

______________

Germany:

German biodiesel producer EOP declares insolvency
(DBN)

______________

Please note that The Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that The Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive The Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when The Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $55/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase. Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address which is on our distribution list (if receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list). You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries).

 

Copyright 2010