February 26, 2010

The Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here

Law:

Moving Towards Eat What You Kill for Associates?
(DBN)

For One BigLaw Firm, More Money Is Coming In But Partners Are Keeping Less
(DBN)

Bankruptcy case stretches law firm
(DBN)

DLA Piper: Revenue and Profits Per Partner Down
(DBN)

DLA Piper's U.S. Operations - It could have been worse/RIF model confirmed
(DBN)

Covington & Burling Partners Did Not Plunder in 2009
(DBN)

McGuireWoods Posts Mixed Results in ‘09
(DBN)

Debevoise Sees Profits, Revenue Slide
(DBN)

Seyfarth Unveils More Details About Merit-Based Plan
(DBN)

Cahill's Profits, Revenue Increase
(DBN)

Paul Weiss, Akin Gump Handling Houghton Mifflin's Debt Restructuring
(DBN)

Dechert embarrassed by vulture fund demo
(DBN)

The Defections From White & Case Continue
(DBN)

The financial results being reported by most firms are far from the gloom that many feared
(DBN)

Coughlin Stoia Changes Name as Coughlin Steps Down
(DBN)

U.S. Laterals in London Fall to Five-Year Low
(DBN)

Paying Partners Under AFAs
(DBN)

Freshfields unfreezes associate lockstep as firm unveils 2010 rates
(DBN)

An Inspirational Tale for All Those Adrift, Unemployed, Woeful JDs
(DBN)

Revenue, Profits Tick Up at DC Mainstay
(DBN)

Judge Upholds Arbitration Award in Partner Retirement Dispute
(DBN)

Could Legal Technology Take the Cravath System ‘Back To The Future’?
(DBN)

Is Global IT Chair Poised to Become 16th Partner to Leave White & Case This Month?
(DBN)

Could Toyota Troubles Lead to Redemption for Jailed Man?
(DBN)

Pls Hndle Thx: On Multiple Bars & Migrant Workers
(DBN)

Should Firms Be Coughing Up More Information on Partners?
(DBN)

Helping Other Lawyers Lay Their Practices to Rest
(DBN)

Bad-Check Schemes Targeting Lawyers Are ‘Increasingly Sophisticated’
(DBN)

Peeps in Law Part Deux
(DBN)

3 Reasons Lawyers Are Miserable
(DBN)

Acquitted Client in Lawyer Home ‘Break-In’ is Now Alleged Victim of Counsel’s Baseball Bat
(DBN)

A Portrait of the Former Bush Lawyer Accused of Attempted Murder
(DBN)

Law Firms Deny Leaving Confidential Docs at Recycling Center
(DBN)

So Who Was the Mystery Woman Hit Upon by Jeffrey Toobin?
(DBN)

Instead of dashing to the scene of an accident, lawyers in need of clients dash to blog posts about accidents.
(DBN)

Lessons That Lawyers Will Learn With Experience
(DBN)

Vault Explains Why It’s Better Than NALP
(DBN)

His "second-tier project"
(DBN)

Hey, Teacher … Give Those Kids Their Grades! Grades delayed at W&M, UT - Austin… anywhere else?
(DBN)

Lawyer Wannabes Rush to Join Social Networks; Then What?
(DBN)

Say What?!
(DBN)

______________

Judges:

NY BigLaw Partner Named To Bankruptcy Bench
(DBN)

7th Circuit Judges May Testify in Retrial Over Web Threats
(DBN)

Supreme Court Stats Reveal Impending Milestones for Justice Stevens
(DBN)

You Thought the Sharon Keller Story was Done? Think Again
(DBN)

______________

Wall Street:

US Stock Futures Edge Up; Sentiment Uncertain
(DBN)

Greek Debt and a Weak Job Sector Weigh on Investors
(DBN)

How Toyota is Saving Wall Street
(DBN)

______________

Layoffs:

Pelosi: Health Reform Will Create 400,000 Jobs 'Almost Immediately'
(DBN)

US Jobless Claims Rise Unexpectedly
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Autos:

GMAC Bankruptcy Would Have Cost Treasury $50 Billion
(DBN)

Hummer's Doomed Sale
(DBN)

HUMMER Sale Nixed By China; GM Gets New Offers?
(DBN)

Hummer's Long Overdue Death
(DBN)

Plan could keep GM plant alive past 2012
(DBN)

GM admits dealer network bloated even before crisis hit
(DBN)

Toyota's Troubles Worry Factory Town
(DBN)

Toyota to Offer Home Pickup, Free Rentals
(DBN)

Judge Questions Coupon Settlement in Honda Class Action
(DBN)

______________

Environmental:

Lyondell, US Said to Settle Dispute Over Cleanup of Sites
(DBN)

______________

Academia:

Negotiating with Labor Under Financial Distress
(DBN)

______________

Theme Parks:

Six Flags creditors near financing alternative deal
(DBN)

______________

 

 

Economy:

Weekly jobless claims jump 22,000 to 496,000
(DBN)

Durable Goods Orders Surge in January
(DBN)

Durable Goods Orders Slip in January
(DBN)

The Global Debt Crisis Is the New Cold War
(DBN)

Plan to Seek Use of U.S. Contracts as a Wage Lever
(DBN)

Strong Growth in Q4 Likely to Slow Throughout 2010
(DBN)

Bracing for Higher Rates
(DBN)

Ron Paul Shreds Bernanke
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Obama May Ban All Foreclosures Without Review by Loan-Modification Program
(DBN)

Groping in the Dark Toward Foreclosure Remedies
(DBN)

Republicans Say Government-Led Mortgage Modifications are a Failure
(DBN)

Mortgage Servicers Kick Around HAMP Mod Options
(DBN)

Bankers Propose Mortgage Forbearance for Unemployed
(DBN)

When It's OK to Walk Away From Your Home
(DBN)

Rates on 30-year home loans rise to 5.05%
(DBN)

Delinquent CMBS Triples as Spreads Stabilize
(DBN)

General Growth Is Biggest Real Estate Fight Since Equity Office
(DBN)

Better to Wait Until Home Buyer Tax Credit Expires?
(DBN)

Park Meadows owner ends bankruptcy with deal
(DBN)

Deutsche Bank Hit with $64M Suit Over Troubled High-Rise Condos in Las Vegas
(DBN)

Fla. developer puts Charlotte-area distressed projects in play
(DBN)

Bankruptcy Court judge grants Saroff creditors relief
(DBN)

Don’t Hold Your Breath on Fannie, Freddie Overhaul
(DBN)

Builder facing Chinese drywall suits files bankruptcy
(DBN)

Brasota Mortgage saga nears end with auction
(DBN)

FHA: The Feds' Next Housing Debacle
(DBN)

Developer Davidson's biggest Ch. 7 bankruptcy creditors linked to Landmark project
(DBN)

Where the CEOs Roam
(DBN)

Homeowner Estimates as Good as Zillow? Appraisal Academics Think So
(DBN)

_____________

Fraud:

US accuses ex-Madoff exec with broad role in fraud
(DBN)

Citing shame, danger, one Madoff seeks name change
(DBN)

Madoff Whistleblower Slams Obama's SEC: 'They're A Bunch Of Idiots There'
(DBN)

Madoff victims say SIPC promises like 'snake oil'
(DBN)

Ex-Chief of Kmart Ordered to Pay a $10 Million Fine
(DBN)

Nadel to be jailed for hedge fund excesses
(DBN)

Receiver Seeks Stanford's Alleged Ponzi Money
(DBN)

Montana billionaire stands ground in trial
(DBN)

______________

Retailing:

Creditors skeptical of General Growth plan
(DBN)

Mapping General Growth's US Properties
(DBN)

Plan would let General Growth keep 180 properties
(DBN)

General Growth's Reorganization Plan Seen as a Rebuke to Simon
(DBN)

Mall Fight: Simon Property Slams General Growth's Plan
(DBN)

General Growth, Creditors Spar Over Fees
(DBN)

Third investor joins battle to woo General Growth
(DBN)

______________

Credit Counseling:

Court Shutters Allegro Law, Ending One of Nation’s ‘Largest Debt Settlement Schemes’
(DBN)

______________

Compensation:

$18.5 Million Goodbye for Verizon Ex-President
(DBN)

Shock! Bank Says It Need Not Pay Bonus
(DBN)

GM's Whitacre reaps lavish pay, thanks to us taxpayers
(DBN)

GM chief should have taken job as charity work
(DBN)

______________

Health Care:

Judge to decide remedy for HMC's unauthorized use of St. Francis funds
(DBN)

Erickson Retirement founder to step down as chairman
(DBN)

Magellan Health 4Q Profit Jumps on Revenue
(DBN)

______________

Tax:

In Tax Law, an Overdue Overhaul a Step, With Miles to Go
(DBN)

______________

AIG:

AIG emerges from 'death spiral'
(DBN)

AIG ditches payback plan to New York Fed
(DBN)

AIG Financial Products Head Preferred Female Executives With ‘Curb Appeal’
(DBN)

______________

Hedge Funds:

US hedge fund firm being probed on kickbacks
(DBN)

Liquidating Hedge Funds: Choice of Jurisdiction
(DBN)

______________

Food/Drink:

Bashas' amends reorganization plan
(DBN)

Albertsons Pursuing Bankrupt Bashas'
(DBN)

______________

Finance:

Treasury plans to sell off stake in GMAC
(DBN)

Lawmakers question GMAC rescue
(DBN)

GMAC Bankruptcy Would Have Cost Treasury $50 Billion
(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 Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

______________

 

Gambling:

Station Casinos may exit bankruptcy in summer
(DBN)

In Casino Fight, Trump Gets His Day in Court
(DBN)

______________

Litigation:

Step 3 for Legal Holds: Define the Scope
(DBN)

Rooker-Feldman Doctrine Requires Dismissal Of Complaint For Lack Of Subject Matter Jurisdiction
(DBN)

______________

Consultants:

Forensic Accountants Are Crooks Too
(DBN)

______________

Venue:

Venue For Large Chapter 11 Cases: Has The Supreme Court Changed the Rules?
(DBN)

______________

Municipalities:

Detroit Mayor emphasizes need to shrink city
(DBN)

______________

Corporate Governance:

Chancery Analyzes Fiduciary Duties of LLC Members and Managers in Merger Context
(DBN)

Silicon Valley and the uncorporation
(DBN)

______________

Aviation:

Japan Airlines reports huge loss
(DBN)

______________

Celebs:

Debt collectors turned away at Wayne Newton home
(DBN)

Dick Smothers files for bankruptcy , Tom considers quitting The Smothers Brothers
(DBN)

______________

Banking:

Traction for Banking Regulation
(DBN)

Bernanke Defends Fed’s Ability to Supervise Banks
(DBN)

Obama to Send Congress Language for Volcker Limits on Banks
(DBN)

Royal Bank of Scotland Narrows Loss and Adds to Bonuses
(DBN

______________

Fashion:

Mariella Burani Fashion Group Will Be 'Dissolved'
(DBN)

______________

Corporate Reform:

Financial reform bill hangs on consumer protection
(DBN)

Obama to Drop Push for Consumer Financial Protection Agency?
(DBN)

______________

Marketing:

New York Firm Faces Bankruptcy Following Cyber Attack
(DBN)

______________

Shipbuilding:

Davie Yards files for creditor protection and lays off 1600
(DBN)

______________

Ethanol:

Legal fees criticized in Renew bankruptcy
(DBN)

______________

UK:

UK Recovery From Recession Stronger Than Expected
(DBN)

U.K. GDP Report Doesn't Fool Markets
(DBN)

BBC to make huge cuts
(DBN)

Premier League's Portsmouth enters bankruptcy
(DBN)

Lloyds bad debt charges begin to decline
(DBN)

______________

EU:

European Union pushes cuts for indebted countries
(DBN)

Of Greece, the EU and high-stakes financial chicken
(DBN)

Latvia's Great Depression
(DBN)

______________

Greece:

Wall Street's Greece role probed
(DBN)

Greek PM says economic crisis confirmed worst fears
(DBN)

Greece Credit Swaps 'Cabal' May Be Just Sideshow
(DBN)

Greek official: EU inspectors skeptical on deficit cuts
(DBN)

Greece pressured by markets to cut spending even further
(DBN)

Greek Debt Crisis: Banks' Credit Default Swaps Making It Harder For Greece To Pay Its Debt
(DBN)

Analysts: Banks have Greece on a treadmill
(DBN)

Would Some Big Banks Profit From a Greek Debt Default?
(DBN)

In Greece’s Crisis, Fed Studies Wall St.’s Activities
(DBN)

______________

Canada:

AbitibiBowater takes dispute with NL to NAFTA tribunal
(DBN)

AbitibiBowater seeking $500-million
(DBN)

______________

China:

Bankruptcy Comes to China
(DBN)

______________

Russia:

Russia may free 45,000 prisoners of second world war
(DBN)

Over 66,000 are in hiding from Russian justice abroad
(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 for access to certain links 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.You can search the headlines from prior editions of The Daily Bankruptcy News by clicking here.

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 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.

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).