January 25, 2010

The Daily Bankruptcy News

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Law:

Managing Partners Express Renewed Optimism in Citi Report
(DBN)

This Week in Layoffs
(DBN)

Revenue, Profits Flat at Northern California's Biggest Firms
(DBN)

Lawyers Get an Earful After Obama Sets Sights on Banks
(DBN)

Obama's war on banks expected to prompt flurry of regulatory work
(DBN)

Associate Bonus Watch: Latham & Watkins (Great bonuses — as long as you hit your hours)
(DBN)

Cooley Godward Salary Thaw, and is there a Market Rate Anymore?
(DBN)

Who says government jobs are impossible to get?
(DBN)

Sonnenschein Profits Drop 3 Percent
(DBN)

Four boasts by law firms that turn few heads of prospective clients
(DBN)

Former McGuireWoods Partner Charged in Corruption Probe
(DBN)

Plaintiffs Attorney Charged With Murdering Former Partner's Ex-Wife
(DBN)

Dechert LLPs highlight 2008 UK revenue drop-off as international offices hold steady
(DBN)

A&O's efforts to address the issue of the lack of female representation at partner level
(DBN)

Simmons dumps bonus plan after just one year
(DBN)

A Few Words of Cringe-Worthy But Good Advice to Associates
(DBN)

Are Obama’s Bank Reform Proposals Good News for Lawyers?
(DBN)

Young Lawyer’s Soaring Career Is Interrupted by Federal Indictment
(DBN)

Baker & Hostetler Partner Commits Suicide
(DBN)

Antzis re-elected as Saul Ewing law firm's managing partner
(DBN)

On the Isolation of Legal Practice and Suicide
(DBN)

What the Smart-erotti Are Saying About Citizens United
(DBN)

Risky Strategy Leads to Big High Court Win
(DBN)

Going Hostile: Boies & Co. Attack Motivations of Prop. 8 Backers
(DBN)

The Temple Law Student Shooter: Questions Abound Was it self-defense? Was the victim a ‘hero’?
(DBN)

An Update on Loren Friedman, the U. Chicago Transcript Tinkerer
(DBN)

Legal Sites Plan Revamps as Rivals Undercut Price
(DBN)

Will That New Associate Get You Disqualified?
(DBN)

Valley lawyers turn to crime in tough times
(DBN)

Former Attorney, Business Partners Charged in Loan Modification Scam
(DBN)

Lawyers of the Week: A Trio of Tax Suspects
(DBN)

Say What?!
(DBN)

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Judges:

As House Panel Says ‘Impeach,’ Lawyer for Fed’l Judge Minimizes Corruption Claims
(DBN)

Facing Impeachment, Federal Judge Mounts His Defense
(DBN)

Judge Thomas Porteous not trustworthy, task force declares
(DBN)

Stumbles in Justice Stevens’ Delivery Spur Retirement Speculation
(DBN)

Ex-Client Accused of Threats to Kill Attorney & Judge Is Arrested
(DBN)

The Supreme Court's cult of celebrity
(DBN)

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Wall Street:

US Futures Gain as Investors Say Drop Overdone; Dollar Falls
(DBN)

Dow Suffers Worst Week SInce Last March
(DBN)

Goldman Under Investigation for Securities
(DBN)

Will New Rules Tame the Wall Street Tiger?
(DBN)

Volatility and Politics Are Feeding Fears of a Market Correction
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

Jobless Rates Rose in 42 States in November
(DBN)

Texas Loses 23,900 Jobs in December
(DBN)

American to Furlough Up to 175 Pilots
(DBN)

Wal-Mart to cut 11,200 jobs at Sam's Club
(DBN)

Companies in US Plan to Hire, Spend This Year, Survey Shows
(DBN)

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Banking:

Banks shut in FL, MO, NM, OR, WA
(DBN)

Bankers Add Up the Costs of Obama’s Bank Plan
(DBN)

Banks Should Pay For Protection - Myners
(DBN)

Banks May Get Help to Escape Risk Limits
(DBN)

Big Banks Have Already Figured Out The Loophole In Obama's New Rules
(DBN)

Glass-Steagall 3.0: A Modest Proposal
(DBN)

Free Checking Could Go the Way of Free Toasters
(DBN)

An imagined future memo from Citigroup's CEO
(DBN)

Banks' Loan Losses Slowing, But Growth is Elusive
(DBN)

Revenge of the regional banks!
(DBN)

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Sovereigns:

Debt Burden Now Rests More on U.S. Shoulders
(DBN)

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Compensation:

Bonus Tops $8 Million for Chief at Morgan
(DBN)

Pay Shift Augurs Ill for Shareholders
(WSJ: separate paid subscription required)

Wall Street Firms Cut Compensation
(DBN)

Goldman Said to Limit London Partners' Compensation
(DBN)

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Video Rentals:

Movie Gallery May Close Another 1,000 Stores
(DBN)

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Religion:

Diocese won't be holding fire sale
(DBN)

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Trucking:

Trucking Stocks Find Profits a Haul
(DBN)

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Economy:

A Rift at the Fed Over the Bailout of A.I.G.
(DBN)

SEC mulled national security status for AIG details
(DBN)

Tim Geithner Had Some Chats About The AIG Bailout He Wasn't Involved In
(DBN)

Obama Sharpens His Populist Tone
(DBN)

Are Hedge Funds and Private Equity Firms Next?
(DBN)

Obama to Offer Aid for Families in State of the Union Address
(DBN)

Obama Will Preview Package of State of Union Middle Class Tax Cuts Today
(DBN)

Resetting the Moral Compass
(DBN)

Populist Surge Eases Support for Bernanke
(DBN)

Bernanke under pressure; Faltering support for Fed chief
(DBN)

Support for Bernanke Gains Momentum
(DBN)

Warren Buffett Predicts Chaos If Bernanke Is Not Re-Confirmed
(DBN)

Obama May Seek 'Discretionary-Spending Freeze'
(DBN)

Obama seen as anti-business by 77% of investors
(DBN)

Volcker Always Knew Obama Would See the Light
(DBN)

White & Case's Patrikis on the Volcker Rule
(DBN)

Obama v. Wall Street
(DBN)

Stiglitz: We Have to Change Capitalism
(DBN)

Middle America to Obama: What is Prop Trading, Anyway?
(DBN)

Winners and Losers in Obama’s Bank Plan
(DBN)

Most Overrated Economic Indicators
(DBN)

Bankers Face a Harsh Spotlight in Davos
(DBN)

Bailouts, Stimulus Were 'Essential,' White House's Axelrod Says
(DBN)

New York Fed documents reveal more detail about AIG bailout
(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:

Huge Housing Complex in N.Y. Returned to Creditors
(DBN)

Tishman Venture Gives Up Project
(DBN)

Chairman in House Proposes Replacing Freddie and Fannie
(DBN)

Why You Can Yawn Over Home Sales 'Shock'
(DBN)

Hidden costs of the American Dream
(DBN)

First American Home Price Index Down 5.7%
(DBN)

Why Renting Is Stupid, and Why Selling a Home Now Is Even Worse
(DBN)

Underwater, but Will They Leave the Pool?
(DBN)

IRS offers guidance on new $6500 tax credit for repeat home buyers
(DBN)

Bonita Bay Group renews push to sell clubs, lots to avoid bankruptcy
(DBN)

Legend prepares to exit bankruptcy: Builder readies third plan for reorganization
(DBN)

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Autos:

Defending Their Dealerships
(DBN)

Must The Economy Suffer For Chrysler To Survive?
(DBN)

US car industry drives itself into the ground
(DBN)

Spyker "Positioned" to Buy Saab
(DBN)

Spyker Shares Surge Again on Saab Hopes
(DBN)

SAIC to Sell MG Cars In EU By Year End
(DBN)

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Tax:

UBS Client Wins Account Data Appeal
(DBN)

Swiss not yet handed over UBS client data
(DBN)

Swiss Ruling Jeopardizes Deal for UBS Clients’ Names
(DBN)

Birkenfeld considers going public with names of clients
(DBN)

Investors Sue Wells Fargo for Tax Shelters
(DBN)

Wells Fargo Is Chastised for SILO Deals
(DBN)

Taxes: Ready to Rumble - How Obama will target business, and how business will fight back
(DBN)

What U.S. Companies Really Pay in Taxes
(DBN)

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Newspapers:

MediaNews Parent Files for Chapter 11 Protection
(DBN)

Bankruptcy Judge Ready to Approve Bonuses
(DBN)

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Telecoms:

Maine Sends Hamstrung Negotiator To FairPoint Talks
(DBN)

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Food/Drink:

Taco Del Mar files for bankruptcy protection
(DBN)

Deal may lead to Max & Erma's sale
(DBN)

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Municipalities:

LA Mayor: City Bankruptcy Not an Option
(DBN)

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Fraud:

Rajaratnam Asks Judge to Deny SEC Bid to Expand Galleon Lawsuit
(DBN)

Loch Capital Hurt By Galleon Ties, Report Says
(DBN)

Pie, Then Confession: Madoff Case as Legal Thriller
(DBN)

At SEC, a Scholar Who Saw It Coming
(DBN)

TD Bank Loses Bid to End Stanford Investments Lawsuit
(DBN)

Rothstein auction: The back story
(DBN)

Stanford Receiver Asks to Sell Money Losing Memphis Golf Course
(DBN)

Ponzi schemer Healy faces civil lawsuit
(DBN)

Satyam case: Court issues fresh summons against Ram Mynampati
(DBN)

More SEC Incompetence: Warnings of Moody's Fraud Ignored
(DBN)

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New Bankruptcy Opinions
(3 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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Aviation:

Raytheon Demands Mesa Return Planes Intact
(DBN)

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Sales:

Girls on Film
(DBN)

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Labor:

Most U.S. Union Members Are Working for the Government
(DBN)

Public Employee Unions are Sinking California
(DBN)

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Motorcycles:

Harley-Davidson Has Its First Loss in 16 Years
(DBN)

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Retailing:

What retailers will die this year?
(DBN)

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Personal Finance:

New York: Living on Less Than $30,000
(DBN)

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Hotels:

Hotel Foreclosure of the Day: Scottsdale’s Montelucia Resort
(DBN)

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Credit Cards:

Fitch: Credit card delinquencies rise in November
(DBN)

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Corporate Reform:

Obama's Financial Reform Plans: Small Steps in the Right Direction
(DBN)

Wall Street's $26m lobbyists gear up to fight Obama banks reform
(DBN)

Congress likely to absorb gist of Obama bank plan
(DBN)

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Symphonies:

' Bankruptcy ' is heard as orchestra struggles
(DBN)

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Hollywood:

Auction Alone Unlikely to Resolve MGM Woes
(DBN)

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Accounting:

Four corporate investors demand $120 million, claiming Grant Thornton International and Grant Thornton Bahamas aided and abetted fraud
(DBN)

All Big Four Firms Are Best Companies To Work For In 2009
(DBN)

How the Big 4 Is Recruiting the Next Crop of Accountants
(DBN)

Ernst & Young "Believes" It Will Have Pay Raises This Year
(DBN)

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Radio:

Radio station reeling after Air America files for bankruptcy
(DBN)

If You Name It Like an Airline, Don't Be Surprised When It Crashes
(DBN)

Err-America
(DBN)

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Celebs:

Gordon Ramsay Accused of Stiffing Crew
(DBN)

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Gambling:

Plan for Greektown bankruptcy approved
(DBN)

Debt-free, Tropicana sees light after bankruptcy
(DBN)

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Mass Torts:

Smoker's Asbestos Claims Fall Short With Jury
(DBN)

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Politics:

The woman Democrats need
(DBN)

Geithner on the outs with Obama
(DBN)

Elizabeth Warren For Treasury?
(DBN)

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Turnarounds:

Acknowledge Mistakes and Put a Profit Plan to Work
(DBN)

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Risk:

Ten companies flashing financial danger signs
(DBN)

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UK:

More administrations to come in 2010 if demand does not pick up
(DBN)

UK Fraud Costs $48 Billion a Year; ABI Calls for 'Zero Tolerance'
(DBN)

Mortgage fraud cost £77m in 2009
(DBN)

______________

EU:

Europe welcomes US bank plan, won't imitate it
(DBN)

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Greece:

Greece Must Control Deficit: ECB's Stark
(DBN)

Greece to test water with bond sale, debt spreads widen
(DBN)

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China:

A Legal Analysis and Practical Application of the PRC Enterprise Bankruptcy Law
(DBN)

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Middle East:

Saudi to Pursue 'Continuous' Fiscal Stimulus in 2010
(DBN)

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France:

About That $2 Billion ...
(DBN)

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