January 4, 2010

The Daily Bankruptcy News

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Law:

Boutiques Slicing Into Big Firms' Pie
(DBN)

Litigation Department of the Year: Gibson Dunn
(DBN)

Julie Kamps Files $50 Million Lawsuit Against Fried Frank for Making Her Life Hell (But Never Making Her Partner)
(DBN)

The Year in Law Firm Layoffs - 2009
(DBN)

Bankruptcy pays off for specialists
(DBN)

Weil Gotshal Leads Pilgrim's Pride Corp. and Nortek, Inc. Out of Bankruptcy
(DBN)

Law firms ready to ring in the changes for uncertain 2010
(DBN)

Rothstein Firm Continues on Road to Ruin
(DBN)

Suit seeks $3.8 million from Rothstein colleague
(DBN)

Latham & Watkins Opens Beijing Office to Tap China Potential
(DBN)

Freshfields unveils female retention plan
(DBN)

Boy, That Was A Wild First 10 Years
(DBN)

How Law Firms Can Win the Business Development Battle
(DBN)

Is Success as a Solo Practitioner a Pipe Dream?
(DBN)

Trial Lawyers Sidestep Malpractice Curbs
(DBN)

A New Year's Resolution for Lawyers
(DBN)

Orrick Associate's One Client: Rwanda
(DBN)

Say What?!
(DBN)

______________

Judges:

Judicial Misconduct: The Mice Guard The Cheese
(DBN)

Why Does Justice Antonin Scalia Hate the Word 'Choate'
(DBN)

Judges Show Leniency to Military Veterans, Stirring Debate
(DBN)

Courts Operating Soundly, Chief Justice Says in Year-End Report
(DBN)

Calif. Judge Said to Be on Short List for Federal Circuit
(DBN)

Judge's Pay Revoked Following Guilty Plea
(DBN)

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Wall Street:

Stocks set for initial '10 gain
(DBN)

Dow Ends Year Up Nearly 19%
(DBN)

Doubts on Regulation and Renewal Hang Over Wall St.
(DBN)

Few called market turn, fewer predict it will last
(DBN)

How billions in complex Goldman deals escaped scrutiny
(DBN)

Wall St. closes year of tumult
(DBN)

World Markets Return to Pre-Crisis Form
(DBN)

Shareholder Returns Crushing Bondholders With Record Divergence
(DBN)

Broker Exodus Drains Firms' Clients
(WSJ: separate paid subscription required)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

20 million-plus collect unemployment checks in '09
(DBN)

Colorado's minimum wage becomes 1st to drop
(DBN)

The Past, Present, and Future of Minimum Wage
(DBN)

US Workers: Their Lost Decade
(DBN)

Ohio Woos Tata Consultancy as U.S. States Press India for Jobs
(DBN)

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Autos:

G.M. Said to Extend Saab Deadline
(DBN)

Tight credit, sales slump threaten auto suppliers
(DBN)

GM Replacing Top Lobbyist With Two Former AT&T Executives
(DBN)

Chrysler Dealerships Fight Closings
(DBN)

Chrysler sues 4 states over dealer laws
(DBN)

Creditors question Visteon's stand on Korean unit's cash
(DBN)

Cut off: Some former Delphi employees lose workers' compensation after company's bankruptcy
(DBN)

Showtime in Detroit
(DBN)

Analysts: After Bailouts, Detroit Must Deliver In 2010
(DBN)

GM Extends Saab Deadline
(DBN)

Whitacre remakes GM brass
(DBN)

UAW Ready to Take Over Retiree Health Care, Gettelfinger Says
(DBN)

GM Says China Sales Up 67 Percent in 2009
(DBN)

GM Expects its India Sales to Rise 43% on New Models
(DBN)

______________

Finance:

GMAC Set to Receive $3.5 Billion in Government Aid
(DBN)

GMAC Chief Says Lender Won't Do 'Anything Crazy' With ResCap
(DBN)

______________

Aviation:

JAL bankruptcy would cost banks US$7.6b
(DBN)

JAL is against filing for bankruptcy protection, now favors Delta over American
(DBN)

JAL Decides On Capital Tie-Up With Delta
(DBN)

Tokyo aids stricken Japan Airlines by doubling credit line to £1.33bn
(DBN)

Delta Offers to Back Japan Air
(DBN)

______________

Personal Finance:

Living on Nothing but Food Stamps
(DBN)

How Women Go Bankrupt
(DBN)

Americans Doing More, Buying Less, a Poll Finds
(DBN)

How to Fix Your Finances in 2010
(DBN)

______________

Gambling:

Trump casino bankruptcy case heads back to court
(DBN)

Icahn company offers $125M more for Trump casinos
(DBN)

Icahn Offers $45 Million Loan as Part of Trump Bid
(DBN)

Florida Floating Casinos File Bankruptcy
(DBN)

Palm Beach Princess Tugged Into Port With Passengers On Board
(DBN)

Palm Beach Princess crew pay among issues to be aired in bankruptcy court
(DBN)

______________

Celebs:

Dykstra’s House ‘Unshowable,’ Court Papers Say
(DBN)

2009 Recap of celebrities with tax woes
(DBN)

______________

Trucking:

Trucker YRC says critical debt exchange succeeds
(DBN)

Arrow workers say CEO to blame
(DBN)

______________

Paper:

Blue Heron Paper files for bankruptcy
(DBN)

______________

Municipalities:

LA: On Its Way to Bankruptcy in 2010?
(DBN)

Can farming save Detroit?
(DBN)

Cities, Counties Take Back Corporate Tax Breaks
(DBN)

How a supposed boon has become a fiscal burden
(DBN)

Aloha State is far from an economic paradise
(DBN)

______________

Education:

Would Insurance For College Failure Keep More Students Enrolled?
(DBN)

______________

Health Care:

Bankrupt Hawaii hospitals face uncertain future - Three competing reorganization plans take Hawaii Medical Center hospitals in different directions
(DBN)

Healthcare Industry Not Immune to Economic Realities
(DBN)

Hospital employment takes major hit
(DBN)

Suit: Quorum hid hospital losses to keep management contract
(DBN)

Farewell, Company Health Plans?
(DBN)

Suits filed over Aurora's use of medical data in bankruptcy cases
(DBN)

______________

 

 

 

Economy:

Midwest Business Activity Expanded in December
(DBN)

Factory Activity At 25 - Month High
(DBN)

Bernanke Blames Weak Regulation for Financial Crisis
(DBN)

Rate hikes not best way to burst bubbles: Bernanke
(DBN)

Fed Boss: Rate Hikes Must Be an Option
(DBN)

Treasuries Post Worst Performance Among Sovereign Markets as Sales Mount
(DBN)

Investors Could Only Lose in Goldman's Caymans Deals
(DBN)

On Your Left, Another Relic of the Bust
(DBN)

U.S. Economy Likely to Perform Poorly Over Next Decade
(DBN)

Jobless Claims Drop Unexpectedly
(DBN)

Federal Reserve Officials Discuss Limited Bond Sales to Help Exit Stimulus
(DBN)

Govt ties trump US agency debt supply rise in 2010
(DBN)

For Savers, It Was Hardly a Lost Decade
(DBN)

Blaming Bankers for the Failings of Economists: Richard Posner
(DBN)

Goldman Sachs: 10 Questions for 2010
(DBN)

The Winners From the Year That Was
(DBN)

Fruitful Decade for Many in the World
(DBN)

Feldstein Says Lack of 2010 Stimulus 'Serious Cloud' on Growth
(DBN)

Later Payments Are Jamming the Economy’s Gears
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Memphis, Shelby Co. Sue Wells Fargo for Loans
(DBN)

Behind the Christmas Eve taxpayer massacre at Fannie and Freddie
(DBN)

Loss Mitigation Program arrives in New York's Eastern District Bankruptcy Courts
(DBN)

Foreclosures Weigh on Home Appraisals
(DBN)

U.S. Loan Effort Is Seen as Adding to Housing Woes
(DBN)

Mortgage Approvals Surprise In Nov
(DBN)

Bubbles Keep Bursting
(DBN)

Rising mortgage rates will test housing market
(DBN)

Foreclosure.com parent seeks bankruptcy court protection
(DBN)

Taxpayers to Lose $400 Billion on Fannie, Freddie
(DBN)

Freddie HR Chief’s Big Payday
(DBN)

Fannie Mae and Freddie Mac: Crashing Through the Nation's Financial 'Levee'
(DBN)

 

Fan, Fred Stock Up But Company Execs Avoid It
(DBN)

Obama’s Pay Czar Defends Fannie, Freddie Compensation Deals
(DBN)

New Slip in Housing Prices Undercuts Fragile Optimism
(DBN)

Growth of distressed commercial properties slows, hits $17.6 billion
(DBN)

After Foreclosure, Decay
(DBN)

Rules to Clarify Cost of Mortgages
(DBN)

Five Key Housing Issues to Watch in 2010
(DBN)

Boom and Bust: A Decade of Misadventures in Real Estate
(DBN)

Mortgages: A Trickle From the Equity Tap
(DBN)

The Worst May Be Over for Office Space in New Jersey
(DBN)

Opus Northwest still shrinking but says firm still profitable
(DBN)

Bankrupt Village Homes purchased
(DBN)

Vegas Home Sales Up 44% from Start of 2009
(DBN)

Kobra Properties to sell 24 properties in bankruptcy
(DBN)

Marina developer files for bankruptcy protection
(DBN)

What's next for TH Properties?
(DBN)

JE Dunn filing wants to get West Edge bankruptcy moving
(DBN)

Scary: Shadow Housing Market Inventories
(DBN)

Plainfield apartment firm seeks to emerge from bankruptcy
(DBN)

_____________

Small Business:

Some Small Businesses That Grew in 2009
(DBN)

And 7 Businesses That Did Not Survive
(DBN)

______________

Food/Drink:

Brown's Chicken files for Chapter 11 bankruptcy
(DBN)

Lights Going Out at Famed N.Y. Eatery
(DBN)

Tavern Can't Sell Some Items, Parks Department Says
(DBN)

Tavern On The Green: The Last Hurrah
(DBN)

______________

Retailing:

Why Hovde Capital Is Completely Wrong About General Growth Properties
(DBN)

General Growth net loss narrows in November
(DBN)

Ski Market files for bankruptcy
(DBN)

______________

Fraud:

Indictment Is Waived in Galleon Case
(DBN)

Ex-McKinsey director may be in Galleon plea deal
(DBN)

Cornering Rajaratnam Rekindles Dennis Levine Taking Down Drexel
(DBN)

Alleged Rajaratnam Co-Conspirator Buckles
(DBN)

Raj Rajaratnam: The Inside Story
(DBN)

Dreier’s Ex-Wife Strikes Domestic-Support Deal
(DBN)

Perez, Ross invested with Rothstein
(DBN)

Canopy Financial Fesses Up
(DBN)

______________

Pharma:

Anesiva says to seek bankruptcy after deal fails
(DBN)

______________

Tech:

Spansion plans to emerge from bankruptcy in Q1
(DBN)

______________

Bankruptcy Rules:

Bankruptcy Time Counting Rules Changed
(DBN)

______________

Resorts:

Bankruptcy judge approves sale of Daufuskie Island resort
(DBN)

______________

Newspapers:

Washington Times axes entire sports section
(DBN)

______________

Tax:

U.S. Is Said to Consider Easing Informant’s Term
(DBN)

______________

Accounting:

Deloitte Wins Summary Judgment Against Former Partner for Fiduciary Duty and Related Claims
(DBN)

______________

Chemicals:

Bankrupt Starfire gets time to continue reorganization with landlord's assist
(DBN)

Chemtura selling PVC additives business
(DBN)

______________

Entertainment:

Shaky times at storied Cirque
(DBN)

______________

Hockey:

Predators' lease may be in default
(DBN)

______________

Sovereigns:

Pimco Cuts US, UK Bonds as Borrowing Increases
(DBN)

______________

 

New Bankruptcy Opinions
(1 new opinion 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)

______________

Bankruptcy Statistics:

HI: Bankruptcies hit 4-year high
(DBN)

Georgia's bankruptcy rate ranks 3rd nationally
(DBN)

Vt. bankruptcy filings up 23 percent
(DBN)

Bankruptcy filings surge 80% in North Texas
(DBN)

San Antonio bankruptcies swell by 29 percent in 2009
(DBN)

Colo. bankruptcy cases up a third in ý09
(DBN)

______________

Debt Collection:

Suit Claims Fraud by New York Debt Collectors
(DBN)

______________

Trucking:

YRC Extends Swap to Rally Support as Deadline Looms
(DBN)

Goldman Sachs Helps YRC Avert Bankruptcy Following Hoffa's Plea
(DBN)

Arrow Trucking named as defendant in bankruptcy court case
(DBN)

Arrow Trucking Timeline
(DBN)

Federal Agency Orders Arrow Trucks Returned
(DBN)

Trucker Carlen Transport Shuts Down
(DBN)

______________

Ethanol:

Neb. Ethanol Plant Draws $30M at Bankruptcy Sale
(DBN)

______________

Banking:

No Good Deed Goes Unpunished as Banks Seek Profits From Bailout
(DBN)

Wells Fargo Pays $25 Million in Stock Bonuses
(DBN)

Citi’s Creator, Alone With His Regrets
(DBN)

With Bigger Bonuses, Another Upside for Banks
(DBN)

America's Best And Worst Banks
(DBN)

Bailouts to banks end with outlay of $29M
(DBN)

Colonial BancGroup limps through bankruptcy
(DBN)

WaMu says tax refund may double, shares soar
(DBN)

Banks Issue New Check, Card Fees
(DBN)

______________

Private Equity:

Private Equity's Big Returns, Big Controversy
(DBN)

74 PE-Backed Bankruptcies in 2009; Pace Slowed in Second Half
(DBN)

______________

Golf:

Arizona golf courses face tough conditions
(DBN)

______________

Magazines:

Reader's Digest Bankruptcy D-Day Nears
(DBN)

______________

Insurance:

E-mails inside AIG reveal executives struggling with growing crisis
(DBN)

______________

Corporate Governance:

Top 5 Corporate and Commercial Cases from Delaware for 2009
(DBN)

Breach of Fiduciary Duty Claims
(DBN)

______________

Corporate Reform:

Feminomics: Top Five Heroines of Financial Reform
(DBN)

All those scandals yielded little reform
(DBN)

Wall Street Waits as SEC Fails to Bring Madoff-Inspired Reforms
(DBN)

______________

Compensation:

What’s a Bailed-Out Banker Really Worth?
(DBN)

Wall Street's bonus baby steps
(DBN)

AIG to Pay Exec Bonuses in Stock
(DBN)

______________

IP:

Buying Domains at Bankruptcy Auctions
(DBN)

______________

Horse Racing:

Racing to the finish: No more subsidies or bailouts for New York's thoroughbred tracks
(DBN)

______________

Hedge Funds:

Billionaire’s Ex-Wife Hires New Lawyer in Civil Suit
(DBN)

______________

Contempt:

Contempt Upheld for Injunction Not Yet Reduced to Writing
(DBN)

______________

ARS:

Fight Over $20 Billion in Frozen Notes
(WSJ: separate paid subscription required)

______________

UK:

Bankruptcy rates in 2010 could reach 24,000
(DBN)

Darling Warns on Swift Deficit Cuts
(DBN)

Bankruptcy fears if New Year sales flop
(DBN)

Burnley face battle over Nugent loan
(DBN)

Campbell's rep denies bankruptcy rumors
(DBN)

Brown Upbeat on U.K. Economy
(DBN)

Christmas spending plunges 4 million people into debt
(DBN)

UK Mortgage Approvals Increase to Highest Since March 2008
(DBN)

UK manufacturing activity 'accelerates'
(DBN)

______________

EU:

The Worst May Not Be Over for Europe
(DBN)

European Manufacturing Growth Fastest in 21 Months
(DBN)

______________

Canada:

Canada's Largest Indie Retailer Enters Bankruptcy Protection
(DBN)

______________

Iceland:

Iceland to Repay $5 Billion to British and Dutch Investors
(DBN)

Iceland President Delays Icesave Decision on Petition
(DBN)

______________

South Korea:

South Korean Conglomerate Faces Cash Crunch
(DBN)

______________

Spain:

In Spain, a Soaring Jobless Rate for Young Workers
(DBN)

______________

Australia:

Wesfarmers ‘Watching’ Griffin Coal After Bond Default
(DBN)

______________

China:

China factories boom in Dec, demand lifts Korea exports
(DBN)

China Property Bubble May Lead to U.S.-Style Real Estate Slump
(DBN)

______________

Ukraine:

Ukraine signs law protecting state owned mines from bankruptcy
(DBN)

______________

Middle East:

Dubai opening world's tallest building amid crisis
(DBN)

Dubai disappoints creditors with tepid progress
(DBN)

______________

Philippines:

PSE hopeful on insolvency law
(DBN)

______________

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