January 14, 2010

The Daily Bankruptcy News

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Law:

Bankruptcy Judge to the Rescue of Poor Old Lady / Law School Grad
(DBN)

Kaye Scholer: Salary and Bonus Follow-Up
(DBN)

On Coughlin Stoia and the Financial Crisis Inquiry Commission
(DBN)

Cerberus’s LNR Said to Hire Lazard, Dewey to Restructure Debts
(DBN)

Paul Hastings Helps Out Haitians
(DBN)

Help Write the 'Dos, Don'ts and Truths of Law Firm Life'
(DBN)

7th Circuit Blasts Lawyer in 'Mortal Combat' Fee Dispute With Ex-Partners
(DBN)

Ex-Debevoise Client Raises Nasty Counterclaims in Unpaid Bills Case
(DBN)

Will Bill Get His Excellent (Euro) Adventure? The DOJ Hopes Not
(DBN)

The Lyin' King: Insurer Says Crooked Lawyer's Life Isn't Worth What He Claimed
(DBN)

Indicted Lawyer Had Nearly 21M in American Express Reward Points
(DBN)

Rothstein Waives Objection to Conflicts, Describes Anti-Depressant Use
(DBN)

Ex-GC Based Discrimination Suit on Confidential Data, Employer Says
(DBN)

Jones Day Practice Head Joins Winston; Other Lawyers Likely to Follow
(DBN)

Top Terror Prosecutor Settles Into a Familiar Role
(DBN)

Tiger Woods’s U.K. Lawyer Leaves His Firm, Heads for the Hills
(DBN)

Unhappy Secretary's Report Spurs Ethics Trouble for NJ Litigator
(DBN)

Calif. Legal Recruiters More Optimistic than Those Out East
(DBN)

Ivy League Law School Graduate Begs for Work on Craigslist
(DBN)

Big Law's Decade of Technology
(DBN)

Say What?!
(DBN)

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Judges:

Federal Judge in Gay Marriage Case Described as Unpredictable
(DBN)

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Courts:

In 5-4 Vote, High Court Nixes Prop. 8 Broadcast
(DBN)

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Wall Street:

US Index Futures Little Changed Before Retail Sales Report
(DBN)

Wall Street Closes Higher After Bankers Testify
(DBN)

SEC Proposes Banning So-Called Naked Sponsored Access Trading
(DBN)

SEC Suggests Curbs on High-Speed Trading
(DBN)

Goldman E-Mail Message Lays Bare Trading Conflicts
(DBN)

Fury at Wall Street is Justified
(DBN)

Goldman Sachs-AIG: It's Likely Worse Than You Think
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

Ahead of the Bell - Jobless Claims
(DBN)

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Aviation:

American: $2 billion income for JAL from alliance
(DBN)

The confusing world of Japan and Japan Airlines
(DBN)

What bankruptcy means for JAL
(DBN)

Creditor banks agree to JAL bankruptcy proceedings
(DBN)

JAL Failure Would Hit About 1500 Small Firms
(DBN)

British Airways Offers to Triple Japan Air Codeshares
(DBN)

The upside of an airline collapse: JAL's shorting bonanza
(DBN)

JAL heads towards bankruptcy with $16 billion in debts
(DBN)

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Retailing:

Ski Market Will Honor Gift Cards , But There's A Catch
(DBN)

Bankruptcy judge approves speedy sale of Ski Market
(DBN)

Price Busters parent files for bankruptcy
(DBN)

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Religion:

Archbishop: Proposed bill would bankrupt dioceses
(DBN)

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Newspapers:

Creditors approve Columbian reorganization
(DBN)

Morris Publishing to file prepackaged bankruptcy
(DBN)

Sam Zell: 'It's reasonable to assume' Tribune Co. will exit bankruptcy in first half of year
(DBN)

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Trucking:

Lenders search for missing Arrow Trucking vehicles
(DBN)

Arrow bankruptcy may leave creditors stranded
(DBN)

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Gambling:

Fertitta Smacks Down Link Between UFC Sale, Station Bankruptcy
(DBN)

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Economy:

Fed Report Notes Modest Improvement in Economy
(DBN)

Obama plans to tax big banks to cover losses from bailouts
(DBN)

Chase CEO: Shouldn't Tax Banks for Revenge
(DBN)

Panel: Unwinding Bailout Program to Be Tricky
(DBN)

US Oversight Panel: Many TARP Questions Left Unanswered
(WSJ: separate paid subscription required)

Fed's Evans-tight credit restraining recovery
(DBN)

Geithner's AIG E-Mails, Phone Logs Subpoenaed by House Panel
(DBN)

The Geithner AIG Story
(DBN)

[Redacted]
(DBN)

Business Formation Tumbles 10% in Wealthiest Countries
(DBN)

Recovery Will Take 5 Years or More
(DBN)

White House: Stimulus Saved 2M Jobs
(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:

Real Estate Bull Laub Sees Unprecedented Workout From Bad Debt
(DBN)

Foreclosures top record in 2009, no end in sight
(DBN)

Foreclosures May Rise to Record 3 Million US Homes This Year
(DBN)

For a Quicker Housing Fix: Nationalize Fannie, Freddie?
(DBN)

Bonus Bashers Pile on Fannie, Freddie
(DBN)

Barclays Wins Mortgage-Backed Security Ruling
(DBN)

Latest Foreclosure Data: 'No End In Sight'
(DBN)

Home Refinancing Soared in First Week of 2010
(DBN)

FHA to Lenders: ‘We Are Watching You Very Carefully’
(DBN)

Bank Of America Seizes Wrong House, Shuts Off Electricity, And Lets 75 Pounds Of Fish Rot)
(DBN)

Downsized? Why Not Become a Homeless Squatter?
(DBN)

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Corporate Reform:

Bank CEOs defend actions in crisis
(DBN)

Wall St. Ethos Under Scrutiny at Hearing
(DBN)

Bankers Face Tough Questions at Hearing on Financial Crisis
(DBN)

Banks Admit Missteps
(DBN)

‘Squawk Box’ Convicts Given Bail Pending Appeal; Brady Violation?
(DBN)

Third Circuit to rehear ruling favoring Rigases
(DBN)

Will Wall St. Inquiry Find the Real Villains?
(DBN)

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Banking:

Obama's Bank Tax Seeks $90 Billion to Repay Bailout
(DBN)

BofA's Moynihan says "too big to fail" misses point
(DBN)

Bank of America CEO Has Most to Prove
(DBN)

Citigroup Faces Criminal Prosecution
(DBN)

The big banks claim the government isn't helping them anymore. Not exactly. Check out this little-known subsidy
(DBN)

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Museums:

The Fresno Metropolitan Museum of Art & Science closes its doors
(DBN)

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Corporate Governance:

US CEO turnover lowest in 5 years
(DBN)

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Autos:

Dealer Arbitration GM's “Top Challenge” For 2010
(DBN)

Investor Ross sees slow US auto sales rebound
(DBN)

Is Hecker hiding assets from bankruptcy court?
(DBN)

Hecker trustee raises the ante
(DBN)

GM to End Hummer Production on Monday
(DBN)

GM China Exec: China Ahead of US Forever
(DBN)

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Boating:

Genmar auction concludes, unsecured creditors object
(DBN)

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Municipalities:

California Creditors Dread IOUs With Aid Plea Failing
(DBN)

It now costs more to insure Californian municipal debt against default than it does bonds issued by the government of Kazakhstan
(DBN)

Cities Could Face Financial Pain for Years
(DBN)

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Sports:

Citadel Seeks To Pay MLB, NFL
(DBN)

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Pensions:

PBGC takes over Crucible pension plans
(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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Litigation:

Expansive Invocation of the In Pari Delicto Defense a "Jurisprudential House of Cards"
(DBN)

Judge Heaps E-Discovery Costs on Plaintiff
(DBN)

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Lehman:

Lehman Wins Approval to Spend $1.4 Billion on Loans
(DBN)

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Fraud:

‘Tipper X’ Identified: Galleon Insider Trading Case Could Ramp Up
(DBN)

Raiffeisen Accuses RBS of Deceit Over Enron Loan in U.K. Case
(DBN)

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Food/Drink:

While bankrupt Penn Traffic spun out of control, top executives picked up nearly $1 million in bonuses
(DBN)

Judge to the LeRoys: It’s All Yours, Almost
(DBN)

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Compensation:

Can Citi trump Goldman in 2009 bonus round?
(DBN)

Wall Street's High Compensation Game Plan
(DBN)

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Health Care:

Lower Bucks Hospital files for bankruptcy
(DBN)

Pishkur Severance Payment Decision Delayed, Cash Collateral Extended in Forum Bankruptcy
(DBN)

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Magazines:

Magazines Lost 25% of Ad Pages in 2009
(DBN)

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Packaging:

Shareholders to fight Smurfit Stone bankruptcy plan
(DBN)

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Hollywood:

Lions Gate is lead bidder for 'Terminator' franchise
(DBN)

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Mass Transit:

Las Vegas Monorail files for Ch. 11 bankruptcy
(DBN)

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Hotels:

Are Bargains at the St. Regis Cause for Optimism?
(DBN)

Extended Stay returns from Chapter 11
(DBN)

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Credit Cards:

Turns Out Bankers Love New Credit Card Rules
(DBN)

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Accounting:

Break up the Big Four audit firms?
(DBN)

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Cross-Border:

New York Court rules in favor of TIBC in Chapter 15 filing
(DBN)

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Finance:

Asset-Backed Debt Revival in Europe Led by Ford, BMW
(DBN)

Massive Bank Bailouts Have Only Worsened Current Credit Misallocation
(DBN)

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UK:

Smaller firms priced out of IVA market
(DBN)

Partners to be hit with bill for profit shortfalls
(DBN)

Aero administrators to report findings
(DBN)

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Germany:

Reports highlight weakness in German economy
(DBN)

______________

Greece:

Greek Default Risk Surges to Record Amid 'Slow Death' Concern
(DBN)

Greek PM says won't seek IMF aid, poor not to suffer
(DBN)

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Philippines:

Bankers say new insolvency law to help keep lending robust in 2010
(DBN)

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Haiti:

Earthquake Slams Haiti's Weak Economy
(DBN)

Desperation in Haiti; Countless Dead
(DBN)

Poverty-Stricken Haiti Has Little Insurance to Cover Losses
(DBN)

______________

China:

Private Investors See Upside To China’s Move To Slow Lending
(DBN)

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