January 20, 2010

The Daily Bankruptcy News

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Law:

Punishing Lawyers in Corporate Fraud Cases
(DBN)

Bryan Cave: Set for the Dreaded Double Freeze?
(DBN)

Drinker Biddle: Merit-Based Pay Means Cuts to 53% of Associates
(DBN)

Cadwalader Posts Higher Profits, Lower Revenue
(DBN)

Lawyers Use Humor to Plead Case
(DBN)

Sidley Austin Mystery Meeting Follow-Up
(DBN)

Depression Is Rising as Lawyers Lose Jobs and Sense of Entitlement
(DBN)

General counsel at major corporations are closely watching a case filed in federal district court in New Haven
(DBN)

Snapshot: Jonathan Pertchik
(DBN)

Legal Angles Abound as Conan-NBC Standoff Nears Endgame
(DBN)

Clifford Chance Brings On Milbank Partner
(DBN)

Law firms wanting to keep Prudential's business will have to bill at 2008 rates
(DBN)

Law firms use alternative fee advisers to help them strike innovative arrangements with clients
(DBN)

Former Rothstein Law Clerk Commits Suicide
(DBN)

Dreier Client Seeks Priority for $6.3 Million in Restitution
(DBN)

Former RRA Attorneys Face Possible Clawbacks as Staffers Try to Hang Onto Their 401(K)Plans
(DBN)

Hot Practice Areas of the Past 10 Years?
(DBN)

Lawyer Tips Feds to Alleged Plot to Kill Federal Prosecutor; 2 Charged
(DBN)

Supreme Court Vacates Conviction, Cites Jurors’ Chocolate ----- Gift
(DBN)

Peter ‘P’Ta Mon’ John: Was ‘The Thugs’ Lawyer’ a Bit Too Thuggish?
(DBN)

Firms Team Up in Million-Dollar Haiti Effort
(DBN)

Ethics Win for Lawyers Who Paid for Leads from Total Attorneys Site
(DBN)

Are Boies and Olson Doomed? Another Look at the ‘Cameras’ Ruling
(DBN)

These Law Firms Are Diverse. Here’s How They Got That Way.
(DBN)

Some Panelists Won’t Participate in Revised Panel for Lady Lawyers
(DBN)

Lawyers losing easy case will be said to be "Browned"
(DBN)

A Chat With 'Deep End' Producer and BigLaw Refugee David Hemingson
(DBN)

Jobless Lawyers: Be Your Own Media Agent
(DBN)

Lawyer of the Day: Mike Ghaffary, the JD/MBA Behind the $1,000 Bar Exam iPhone App
(DBN)

Big Tobacco Strategy Scares Off Potential Plaintiffs, Say Attorneys
(DBN)

Say What?!
(DBN)

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Judges:

Senior Judge Is Charged with Choking Wife in Domestic Dispute
(DBN)

Deluged With Clerkship Apps, Some Federal Judges Don’t Look at All of Them
(DBN)

New bankruptcy judge in North Carolina
(DBN)

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Wall Street:

Stock futures signal dip on Wall Street
(DBN)

US stocks gain over 1%, led by health care
(DBN)

China Lending Fears Weigh on World Markets
(DBN)

Goldman, Morgan Stanley payouts hog the spotlight
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

Chevron To Cut Refining Jobs
(DBN)

Peugeot Fires 5,700
(DBN)

Philippine Airlines plans to lay off 4,000 workers to avoid bankruptcy
(DBN)

Starwood Hotels Adding 12,000 Jobs in 2010
(DBN)

White House: Obama's top priority is to boost jobs
(DBN)

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Banking:

Citigroup posts $7.6 billion loss
(DBN)

BofA May Post Loss on Defaults, TARP Payback
(DBN)

Citi sees higher credit costs in first quarter
(DBN)

Recovery Is Elusive for Citigroup
(DBN)

Citigroup loss signals more trouble for commercial banks
(DBN)

Big, in Banks, Is in the Eye of the Beholder
(DBN)

With High-Profile Hire, Banks Gear Up For Possible Tax-Plan Fight
(DBN)

Investors sue New Frontier Bank's former officers, board members
(DBN)

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Building Materials:

WR Grace asks to end bankruptcy financing deal
(DBN)

3 Ark National Home Centers Closing
(DBN)

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Food/Drink:

Penn Traffic employees' group to bankruptcy judge: Give us time to make an offer
(DBN)

BayWalk Atlanta Bread Co. in Chapter 11 bankruptcy reorganization
(DBN)

Uno Restaurant Holdings files for bankruptcy
(DBN)

Daphne's Greek Cafe files for Ch. 11
(DBN)

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Horse Racing:

Auction of Pimlico delayed again
(DBN)

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Boating:

Genmar ceases to exist
(DBN)

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Economy:

Fed's Bernanke Welcomes 'Full Review' Of AIG Relief
(DBN)

Senate vote on Bernanke as early as Friday
(DBN)

A Debt Commission's Challenges
(DBN)

Stiglitz: US Does Not Have Capitalism Now
(DBN)

Americans No Longer Hopeful on Being Rich
(DBN)

Suburbia home to new poverty challenge
(DBN)

IMF: China, India Leading World Recovery
(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:

Southern California Home Prices Rise 4% in December
(DBN)

Prime Mortgage Performance Deteriorating at Alarming Rate
(DBN)

Are 3.5% Down Payments Too Low?
(DBN)

FHA Boosts Insurance Premiums to Cushion Defaults
(DBN)

Home Builder Bummer
(DBN)

FHA bailout? New real estate fees, loan rules aim to avert one
(DBN)

Washington Federal Earnings Drop 61% in Q409, Driven by Large REO Expenses
(DBN)

Intrawest foreclosure a threat to Olympics
(DBN)

Mortgage Lenders Exploit Loophole in HUD's New Rules
(DBN)

Obama mortgage relief delivers meager results
(DBN)

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Aviation:

Japan Airlines Defaults on 67 Billion Yen of Bonds
(DBN)

JAL files Chapter 15 proceeding in New York court
(DBN)

Japan Air to Cut Third of Staff in Turnaround Plan
(DBN)

Delta, American fighting over more than just Japan Airlines in pursuit of alliance partner
(DBN)

What's Next for Bankrupt Japan Airlines?
(DBN)

Transport minister raises questions about whether Japan needs two mega air carriers
(DBN)

JAL's bankruptcy to have less impact on Japan's banks
(DBN)

Factbox: JAL restructuring plan under state-backed fund
(DBN)

Oneworld Moves to Calm Passengers Over JAL Bankruptcy
(DBN)

JAL succumbs to self-inflicted wounds
(DBN)

Mileage members fret over their points earned on JAL, credit cards
(DBN)

JAL aims for modest life after bankruptcy
(DBN)

Affiliates brace for impact from JAL's failure
(DBN)

Crash Course in Survival for New JAL Boss as Airline Goes Bust
(DBN)

Global airline shake-up looms after Japan Airlines files for bankruptcy
(DBN)

Japan Airlines: From National Miracle to Aviation Wreck
(DBN)

JAL May Lose Passengers to ANA as Travelers Worry About Service
(DBN)

Japan Airlines Collapse Spurs Sojitz Writedown, More May Come
(DBN)

Fliers saw bankruptcy coming, weigh options
(DBN)

Fitch: CDO Ratings Not Affected by Japan Airlines Bankruptcy
(DBN)

Brent recovers as JAL hedges are unwound
(DBN)

American Raises Bag Fees, Matching Price Hike At Other Airlines
(DBN)

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Fraud:

French, British Fight Over Madoff Yacht
(DBN)

Rothstein photo menagerie
(DBN)

Insider Faces Sentencing in ’07 Case
(DBN)

US charges 22 with bribery involving arms sales
(DBN)

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M&A:

Giant buyout funds won't be back for a while
(DBN)

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Accounting:

Deloitte, All Out of Cost-Saving Ideas, Launches Project JARED
(DBN)

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Credit Counseling:

AG settles with three debt relief companies
(DBN)

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Mass Torts:

What happened when the inimitable jurist was presented with the case of Carr v. Tillery, arising from rivalries between class action lawyers in a truly inimitable jurisdiction
(DBN)

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Autos:

Old GM is a hot stock again, but why?
(DBN)

Many auto dealers seek arbitration
(DBN)

Visteon studying unsecured creditors' proposal
(DBN)

Testimony: Scott Moore scored big commission on SHE deal
(DBN)

US Automakers Start Hiring Again
(DBN)

GM to Close Opel's Antwerp Plant
(DBN)

Saab may be sold for 1 dollar
(DBN)

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Hockey:

Nashville eyes tighter leash on Predators
(DBN)

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Municipalities:

Two Dozen States' Unemployment Funds in the Red, Nine More Within Six Months
(DBN)

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Claim Trading:

Bankruptcy Markets: Making Sense of Claims Trading
(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 Reform:

CRS Report Compares Bankruptcy Process to Conservatorship/Receivership
(DBN)

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Bankruptcy Statistics:

How Many Bankruptcy Appeals?
(DBN)

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Politics:

G.O.P. Senate Victory Stuns Democrats
(DBN)

Republican Victory Upends Senate
(DBN)

Why Voters See Red in a Blue State
(DBN)

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Celebs:

Ex-Lion Elliss: 'Bad choices' led to bankruptcy
(DBN)

Two more celebrities do battle with the taxman
(DBN)

Bankruptcy Gets Starring Role On Bravo
(DBN)

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Litigation:

How Bank of New York Mellon prevailed in a Moscow court
(DBN)

High Court Examines Arbitrator's Role
(DBN)

Gibson Dunn Launches E-Discovery Practice
(DBN)

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Committees:

Rule 2019 Claims Trading Disclosure Issue Not Going Away
(DBN)

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Newspapers:

Star Tribune's new publisher to receive $400000 salary
(DBN)

Owner Of Topeka Newspaper Files For Bankruptcy Protection
(DBN)

East Valley Tribune Buyer Hopes to Buy all Valley Freedom Communications Papers
(DBN)

MediaNews Group Bankruptcy Could Be Bad For SoCal
(DBN)

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Chemicals:

Lyondell gets more time to plan reorganization
(DBN)

Lyondell Creditors Fail to End Company's Control of Bankruptcy
(DBN)

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Insurance:

AIG in Talks to Sell Alico to MetLife, Journal Says
(DBN)

AIG Deal Looks Good for Uncle Sam
(DBN)

Entergy, Insurers File Second Suit Against Corps Over Katrina Flooding
(DBN)

Bad Times for Brokers
(DBN)

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Health Care:

Democratic Defeat Imperils Health Care Overhaul
(DBN)

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Gambling:

Owner of Vegas club, theater files for bankruptcy
(DBN)

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Religion:

Bankrupt Diocese Asks to Pay Accused Abuser
(DBN)

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Trucking:

YRC shareholder vote set for Feb. 17
(DBN)

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Corporate Reform:

Professor launches fight to save consumer protection agency
(DBN)

Casualty of a GOP Win in Mass: Financial Reform
(DBN)

Obama Pressing for Protections Against Lenders
(DBN)

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Cross-Border:

When Worlds Collide: Do Section 365(n) IP Licensee Rights Work In A Chapter 15 Cross-Border Bankruptcy?
(DBN)

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UK:

UK: Recession Will be Worse This Year
(DBN)

Credit Suisse's top UK staff see payouts cut due to bonus tax
(DBN)

E-Clear placed in administration
(DBN)

UK Jobless Claims Fall Most Since 2007 as Economy Recovers
(DBN)

Goldman May Move 20% of UK Staff to Spain
(DBN)

London's Financial Star is Fading
(DBN)

UK: Credit Card Write Offs Double
(DBN)

2009 sees businesses financial health improve in the UK, according to Experians Insolvency Index
(DBN)

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Canada:

Glendale International To File For Bankruptcy
(DBN)

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China:

China tries to curb lending and avoid overheating
(DBN)

China Bank Stocks Decline
(DBN)

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Venezuela:

Venezuela's Economy Continues Slide
(DBN)

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