December 23, 2010

The Daily Bankruptcy News

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Law:

Bonus Watch: Paul Weiss Matches Sullivan & Cromwell (and Adds a Special Gift)
(DBN)

Bonus Watch: Boies Schiller Sets the Bonus Bar
(DBN)

Bonuses Cast Spotlight on Merit-based vs. Lock-Step Divide
(DBN)

Bonus Watch: Curtis Mallet Matches Cravath (With a Little Sweetener for Some)
(DBN)

Lawyer of the Day: Dad’s Use of Lawyer Skills Badgers Little Girl into Quitting His Son’s Hockey Team
(DBN)

Sidley Austin Partner Is Reportedly Obama’s Pick to Head Office of Legal Counsel
(DBN)

On the Great Montana Marijuana Mutiny
(DBN)

Why Blogs Don't Make Rain
(DBN)

New Sheriff Of Wall Street Appoints Legal Team
(DBN)

Celebrity Lawyer Put Lifestyle Before IRS, Gets 1 Year and 1 Day in Tax Case
(DBN)

Cleary Gottlieb v. Mayer Brown: Who has the Healthiest Employees?
(DBN)

Rocky Mountain High: From Consultant to Law Firm CEO
(DBN)

The Seven Biggest Myths of Alternative Fee Arrangements
(DBN)

Feds Must Pay Islamic Charity Lawyers and Their Counsel $2.5M in Warrantless Wiretap Case
(DBN)

WTF?
(DBN)

N-Word Results In Suspension
(DBN)

Angry at Attorney, Neighbor Hacked His Encrypted Wi-Fi & Sent Child P--- to His Law Firm Colleagues
(DBN)

What to Give the Lawyer Who Has Everything
(DBN)

Getting Creative on Big Law Holiday E-Cards
(DBN)

Is your firm ready to go viral? Better start dancing
(DBN)

The Do's and Don'ts of Cloud Contracts
(DBN)

“Sham Pocket Parts” and Tricks of the Publishing Trade – So, What Are You Going To Do About It?
(DBN)

How much are 40 wrongful hours in jail worth?
(DBN)

Tyler Clementi’s Parents Might Sue Rutgers Over Son’s Death
(DBN)

Digital Revenge Is Best Served Viral
(DBN)

Nurse Sues Doc After Bizarre 'Job Interview'
(DBN)

Absolutely Epic 1974 Letter From Cleveland Browns to a Lawyer/Fan
(DBN)

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Judges:

Bankruptcy Judge Metz seeks new 14-year term
(DBN)

Man Allegedly Fired Gun at Home of Judge Who Made Ruling He Blames for Costing Him His Own Home
(DBN)

Firm's Satire of Judge's Racial Insensitivity Is, Uh, Way Racially Insensitive
(DBN)

Judicial Expletive Deleted
(DBN)

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Wall Street:

 

US Stocks Climb To Two-Year Closing Highs, Led By Financials
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Telecoms:

TerreStar, Creditors Settle On Bankruptcy Plan
(DBN)

TerreStar Can Send Chapter 11 Plan to Creditors
(DBN)

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Resorts:

Tamarack Selects Buyer: Green Valley Holdings
(DBN)

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Food/Drink:

87-Unit Burger King Franchisee Files for Bankruptcy
(DBN)

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Corporate Reform:

Obama tapped her to set up the new Consumer Financial Protection Bureau. Can she create a more honest market?
(DBN)

Finance Regulation Is in Vogue
(DBN)

The Gutting of Financial Services Reform
(DBN)

Whistleblowing’s Finest Strikes Again
(DBN)

Half-Baked Justice? Corporate Prosecutions Are All Over the Map
(DBN)

The ‘Subsidy’: How Merrill Lynch Traders Helped Blow Up Their Own Firm
(DBN)

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Tax:

Ex-UBS Banker Pleads Guilty in Tax Conspiracy
(DBN)

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Hollywood:

MGM Restructuring Plan Becomes Effective
(DBN)

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Economy:

Six More Banks Repay TARP Funds
(DBN)

Economy grew modestly in July-September quarter
(DBN)

Obama pledges 'singular focus' on economy
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Existing home sales jump 5.6%
(DBN)

U.S. Home Sales Rose in November but Missed Forecasts
(DBN)

House Values Have Fallen 20%, But Property Taxes Keep Rising
(DBN)

Warning of 'vicious circle' in housing sales
(DBN)

Founder of Foreclosures.com Faces Foreclosure
(DBN)

Defense lawyers raise new issue: 'Robo-verifiers'
(DBN)

Economists: Expect No Home-Price Growth in 2011
(DBN)

House Democrats Push For New Foreclosure Regulations
(DBN)

Monthly permanent HAMP modifications increase 26% in November
(DBN)

Home Sales Show 'Subdued' Growth
(DBN)

Fed Revises Disclosure Rule for Adjustable-Rate Loans
(DBN)

MBA: mortgage applications down 18.6% last week
(DBN)

November Phoenix home sales buck seasonal norm
(DBN)

BofA loses ruling in MBIA lawsuit
(DBN)

Condo sales rise in Florida, while home sales drop
(DBN)

Creditors lose out in developer bankruptcy
(DBN)

Twain Condominiums files for Chapter 11 bankruptcy
(DBN)

C-Bass to Get Rid of Pieces of Former Business
(DBN)

Foreclosure begins on 'The Hole'
(DBN)

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Executory Contracts:

Rejection of an Executory Contract Does Not Relieve a Debtor of Assumed Liabilities
(DBN)

______________

Politics:

Congress Makes Most Laws Since 1960s
(DBN)

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Lehman:

Spitzer: the accounting trick called Repo 105
(DBN)

______________

Banking:

Bank of America Shares Defy WikiLeaks Reports
(DBN)

11 Ways Bank of America Practices Hurt Americans
(DBN)

Why I Believe Julian Assange Has Dirt on Bank of America
(DBN)

Why We Doubt Julian Assange Has Damaging Goods On Bank Of America
(DBN)

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Horse Racing:

Stronach gets tracks, MI investors get control
(DBN)

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Hedge Funds:

New complaint hits hedge exec over Wolverine Tube investment
(DBN)

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Awards:

Of E-Mail Addresses and Conduct Messes
(DBN)

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Exemptions:

Banks, credit card companies lobby against NY bill
(DBN)

Mayors are concerned about debt exemption too
(DBN)

______________

Mass Torts:

Travelers Cos. Pays $500 Million To Asbestos Victims
(DBN)

Lawyers to Feinberg: Stop Bad-Mouthing Us
(DBN)

______________

Education:

Darrell Issa Just Stuck It To A Bunch Of Investors Who Are Short The For-Profit Schools
(DBN)

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Compensation:

Ten Chief Executives Who Received Massive 2010 Bonuses
(DBN)

Distribution of top-hat plan funds to participants was not permitted until determination of employer's solvency
(DBN)

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Environmental:

Anadarko Cleanup Sites May Reach 2,800, Court Told
(DBN)

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Credit Cards:

Credit card offers, incentives pick up
(DBN)

Drop in credit delinquencies
(DBN)

______________

Celebs:

Stephen Baldwin Says Kevin Costner Soaked Him in $52M Deal with BP
(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:

LTAP, Sexy Hair, TerreStar, Blockbuster, Cynergy: Bankruptcy
(DBN)

Lehman, GSC, Lipstick, Tousa, Point Blank: Bankruptcy
(DBN)

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Bankruptcy Reform:

House Passes Bankruptcy Bill
(DBN)

______________

Municipalities:

What are the chances of muni doomsday?
(DBN)

Alabama Town’s Failed Pension Is a Warning
(DBN)

Chapter 9 Weighed in Pension Woes
(DBN)

Are US cities at the center of the next financial meltdown?
(DBN)

Harrisburg Authority hires firms for forensic audit of incinerator deals
(DBN)

Bond Insurer, Trustees Step Into Harrisburg Authority Case
(DBN)

California's demise is greatly exaggerated
(DBN)

Already in trouble, ObamaCare will be tipping point for many states
(DBN)

Auditors should have caught high salaries, illegal tax collections
(DBN)

______________

Elder Debt:

More Seniors Cart Credit Card Debt To Grave
(DBN)

______________

Fraud:

Ernst Accused of Lehman Whitewash
(DBN)

Good With GAAP: A Preview of Ernst & Young’s Legal Defense?
(DBN)

Some Questions About the NYAG's Lehman-Related Complaint Against E&Y
(DBN)

Sarasota man gets 15 years for $37 million Ponzi
(DBN)

NJ AG sues investment firm over ponzi
(DBN)

US diplomats were leery of Allen Stanford -cable
(DBN)

Why Everybody Trusted Madoff
(DBN)

Oklahoma Ponzi Schemer Gets 10 Years
(DBN)

Charities face losing Ponzi millions
(DBN)

______________

Student Debt:

When The Kids Come Home This Christmas, Talk About Their Debt
(DBN)

______________

Accounting:

American Apparel says didn't withhold financials
(DBN)

Role of Auditors in Crisis Gets Look
(DBN)

Ernst & Young Wants a Showdown
(DBN)

______________

Hotels:

Hilton foreclosure hearing will happen in January
(DBN)

______________

UK:

High Court Interprets Section 2(a)(iii) of the ISDA Master Agreement
(DBN)

______________

EU:

Bloomberg Sues ECB to Force Disclosure of Greece Swaps
(DBN)

German FinMin does not plan new euro stability fund
(DBN)

_____________

PIGS:

Greek PM: country not heading for bankruptcy
(DBN)

Irish government to take control of a fourth bank
(DBN)

Dublin prepares to inject €3.7bn into AIB
(DBN)

'Broke' Drumm paying €10000 a month to run luxury homes
(DBN)

_____________

Canada:

Milowe Brost remains in custody in forged cheque case
(DBN)

Nortel bill dies in Senate
(DBN)

______________

China:

17 Facts About China That Will Blow Your Mind
(DBN)

______________

Netherlands:

Netherlands Plans to Make Call for Bank Run a Criminal Offense
(DBN)

______________

Japan:

Is Japan the next major world economy to tank?
(DBN)

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Copyright 2010