February 3, 2010

The Daily Bankruptcy News

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Law:

Nationwide Layoff Watch: Howrey Can’t Utilize Everybody
(DBN)

Two NY Bankruptcy Partners Defect
(DBN)

Mayer Brown: True-Up Raises in Washington. Somebody Get Sidley on the Phone.
(DBN)

Cravath ‘Un-Defers’ Some in Class of 2010 via Lottery System
(DBN)

The Month in Layoffs
(DBN)

Former S&C Partner Takes on Dewey & LeBoeuf in WexTrust Receivership
(DBN)

Revenue, Profits Down at Dorsey & Whitney
(DBN)

White & Case Revenue Plunges 11 Percent
(DBN)

Top-Paid Partner at Freshfields Made About $5.27M Last Year, Filing Shows
(DBN)

End of the Law Firm Bickering in the Tribune Case?
(DBN)

Adams and Reese adds Tampa office, Ruden McClosky lawyers
(DBN)

Tips for ‘The Terminator’: Don’t Hesitate, Don’t Criticize & Don’t Feel Bad
(DBN)

Quote of the Day: ‘Poking’ the Billable Hour
(DBN)

As 2 Insurance Execs Admit Bribes, PI Lawyer Says He Can’t Be Retried
(DBN)

Thomson Reuters Buys Super Lawyers
(DBN)

WilmerHale May Expand New York Office Space
(DBN)

New Approach to Hiring Associates - The Old Law School Approach
(DBN)

BP Plaintiffs Lawyer Accused of Failing to Pay $50K in Hotel Bills
(DBN)

Higher Ed Board Approves Plan for Public Mass. Law School
(DBN)

Want to Leave the Law? Ex-Lawyer Explains the Upside
(DBN)

Unbundling Legal Services Online
(DBN)

A Matter of Time: Alternative Fee Arrangements
(DBN)

SEC Lawyers and P---: Do the Tax Dollars Buy Offices or Cubicles?
(DBN)

Hundreds of California lawyers investigated over alleged loan modification abuses
(DBN)

Female Lawyers: Avenues to Partnership
(DBN)

Good News for Law Firms?
(DBN)

The Notorious AIG: NY Lawyer With a Past Takes GC Post at Poster-Child-for-Excess Insurer
(DBN)

Third-Party Litigation Funding Gains Steam in the U.S.
(DBN)

Selling For Introverts - Actually we have the edge
(DBN)

Did Lexis Nexis Just ‘Bing’ Westlaw?
(DBN)

Lawyer Suicides - Let's get to the bottom of this
(DBN)

New Orleans, I Love You, But Y’all Need To Calm Down
(DBN)

The 5 Creepiest Defense Attorney Websites
(DBN)

Loyola L.A. Law Grad Gets Savaged in the Shark Tank
(DBN)

Ex-AG Mukasey: DOJ Indecision on 9-11 Trials Looks ‘Like Amateur Night’
(DBN)

George Clooney as David Boies, Brad Pitt as Ted Olson?: Prop 8 Trial Re-Enacted on YouTube
(DBN)

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Judges:

Judge Rapped Over Order to Pay Class Action Attorney in Store Coupons
(DBN)

Live from Stetson: It's Supreme Court Justice Clarence Thomas
(DBN)

Ex-Girlfriend Convicted of Stalking Judge
(DBN)

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Wall Street:

US Index Futures Fluctuate
(DBN)

Wall Street futures point to higher open
(DBN)

Treasury Department Is Already Saying Volcker Rule Won't Change Goldman Sachs
(DBN)

Ex-Goldman Partner Lets Loose on Wall St.
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

Why GDP is Surging, but You Can't Find Work
(DBN)

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Fraud:

S.E.C. Admits It Received Galleon Wiretaps
(DBN)

Bar Galleon Wiretaps From SEC Trial, Defense Urges
(DBN)

Britain Will Not Pursue Legal Action Against Madoff
(DBN)

Failure to prosecute Madoff a new low for SFO
(DBN)

Judge Set to Rule on Madoff Victim Compensation
(WSJ: separate paid subscription required)

Finally! The Madoff Victims v. Madoff Trustee Battle Hits The Court
(DBN)

In Court, Impassioned Challenges of Madoff Trustee's Plans
(DBN)

US court dismisses Madoff associate fraud claims
(DBN)

Madoff trustee, victims spar in court over payment
(DBN)

Madoff Victims Await Key Ruling On Net Equity
(DBN)

Kim Rothstein will go after pre-Ponzi assets, her lawyers says
(DBN)

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Avoidance Actions:

Junior Creditors Call Tribune Co. Bankruptcy 'Fraudulent Conveyance'
(DBN)

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Manufacturing:

Xerium lands another debt extension
(DBN)

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Spirits:

Tough Economy Spurs Shift to Cheaper Liquor
(DBN)

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Economy:

Unemployment rises in most metro areas
(DBN)

Volcker to Tell Senate Panel Hedge Funds Should Be Free to Fail
(DBN)

Volcker urges curbs on big banks' risky trades
(DBN)

Dodd Warns of Uphill Battle on Volcker Rules
(DBN)

Volcker Plan Disrupts Crisis-Era Deals
(DBN)

Volcker Rule Rightfully Includes the Bank Debt
(DBN)

Paulson Says US Was 'Close' to Financial Collapse
(DBN)

Elizabeth Warren Explains the Financial Crisis
(DBN)

Judd Gregg Slams Elizabeth Warren
(DBN)

Contracts to Buy Homes Inch Up in December
(DBN)

Largest-ever federal payroll to hit 2.15 million employees
(DBN)

Backdoor taxes to hit middle class
(DBN)

'We've got to spend our way out of this recession'
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

US pending home sales edge up, vacancies rise
(DBN)

Homeownership Rate Falls Back to Pre-Boom Level
(DBN)

No Help in Sight, More Homeowners Walk Away
(DBN)

Modification is Not for Every Borrower: Treasury Adviser
(DBN)

DR Horton Reports First Quarterly Profit Since 2007
(DBN)

TOUSA directors move to dismiss creditors' lawsuit
(DBN)

Mortgage Bankers: We're All Really Socialists
(DBN)

Fannie and Freddie In Full Put-Back Mode
(DBN)

'Grave Dancer' Sam Zell Returns to Haunt Macklowe
(DBN)

Quarterly Commercial Mortgage Originations Grow
(DBN)

Horton shares surge on 1st profit in almost 3 years
(DBN)

Economic Man Trumps Emotion, Ethics
(DBN)

Why CIBC sees a double-dip in U.S. real estate prices
(DBN)

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Building Materials:

WR Grace Q4 Earnings Increase
(DBN)

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Boating:

Fountain reorganization plan meets opposition
(DBN)

______________

Mass Torts:

Congoleum Seeks Court Nod for $100M Settlement With Insurers Over Asbestos Claims
(DBN)

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Banking:

Banks shouldn't be hedge funds, Volcker tells Senate
(DBN)

Bank Size Limit Could Help Small Rivals
(DBN)

______________

AIG:

AIG hires former top lawyer from Lehman Brothers
(DBN)

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Oil/Gas:

Stallion Oilfield comes out of bankruptcy
(DBN)

Civil suit looms for ex-SemGroup principals, execs
(DBN)

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Taxis:

Taxi Mogul Owes $43 Million, Bank Says
(DBN)

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Defaults:

Small Business Loan Defaults Fall
(DBN)

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Video Rentals:

Movie Gallery files bankruptcy ,to shut many stores
(DBN)

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Packaging:

Bankruptcy judge orders Smurfit-Stone to consider mill sale
(DBN)

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Compensation:

Morgan Stanley CEO sees drop in comp ratio
(DBN)

AIG To Pay Approx $100 Million in Employee Bonuses
(DBN)

AIG Bonuses Redux
(DBN)

BofA's average bonus: $400G
(DBN)

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Distressed Investing:

Apollo Global Real Estate Forms Asia Pacific Distressed Group
(DBN)

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Health Care:

The Fall of St. Vincent’s Hospital Manhattan
(DBN)

Geithner on Health Care Warns of 'Great Fiscal Peril' to Nation
(DBN)

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Immigration:

Illegal Immigration & The Economy
(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 Jobs:

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

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Bankruptcy Humor:

Overruled! - "Wrongful Eviction"
(DBN)

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Bankruptcy Statistics:

Hawaii bankruptcies up 33 percent in January
(DBN)

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Bankruptcy Theater:

Enron: Subtlety isn't its strong suit
(DBN)

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Autos:

GM Plant Documentary Earns Oscar Nod
(DBN)

Ford, GM's Sales Rise in January
(DBN)

Chrysler may buy back plant from old bankrupt self
(DBN)

Cooper-Standard files plan to emerge from Ch. 11
(DBN)

Toyota loses $21B in market share in one week, plans media blitz this week
(DBN)

Toyota's Legal Woes Deepen
(DBN)

Spyker Says It Expects Saab to Be Profitable by 2012
(DBN)

Germany Said to Want GM to Boost Opel Contribution
(DBN)

______________

Lehman:

Barclays Reveals Key Weapon In Lehman Battle
(DBN)

Bank of New York Mellon to appeal US court's Dante ruling
(DBN)

Lehman SPV trustee trapped by contrasting rulings
(DBN)

Lehman Seeks to Reject $57 Billion of Creditors’ Claims
(DBN)

______________

Finance:

Maui financial firm files for bankruptcy
(DBN)

Ambac Financial Hires Blackstone for Restructuring
(DBN)

_____________

Sales:

Credit (Bid) Where Credit's Due - Part Two
(DBN)

______________

History:

Bankruptcy Complicates Deal for Roosevelt Papers
(DBN)

______________

Debt Collection:

Lawyer sues Sallie Mae over collection phone calls
(DBN)

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Payday Lending:

Payday Lenders Continue High-Interest Loans
(DBN)

______________

Retailing:

Walking Co sees bankruptcy exit "sometime this spring"
(DBN)

______________

Gambling:

Council to decide 2nd time on Greektown's bankruptcy exit plan
(DBN)

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Aviation:

Judge to hear claims against former Hooters Air operator
(DBN)

______________

Telecoms:

PUC denies FairPoint investigation
(DBN)

FairPoint on verge of deal with unions
(DBN)

______________

Litigation:

Considerations for In-Sourcing and Outsourcing E-discovery
(DBN)

______________

UK:

Consumer Confidence Rises
(DBN)

______________

EU:

Fund Managers May Return 20% of Bonuses Under EU Law
(DBN)

Europe's Debt in Big Trouble Too
(DBN)

______________

Canada:

Canwest Plan for Sale of Papers 'Fatally Flawed,' Lenders Say
(DBN)

Canwest to make changes to newspaper auction
(DBN)

______________

Greece:

EU to endorse Greek deficit cutting plan Wed
(DBN)

Greece deficit plans endorsed by European Commission
(DBN)

Should Greece be left to go bust?
(DBN)

______________

Middle East:

Dubai World asset sale nears, debt talks plod
(DBN)

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