July 12, 2010

The Daily Bankruptcy News

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Law:

Rothstein Emails Reveal Cash Concerns
(DBN)

Firm Sued for Advising Clients to Invest in Ponzi Scheme
(DBN)

Troubled Ruden McClosky May Have to Make New Partner to Meet Credit Line Rule
(DBN)

Biglaw Employment Prospects for Graduates of Top Law Schools
(DBN)

Gust Rosenfeld firm hires Holt as associate
(DBN)

Fee Food Fight: Lawyers Fees Being Litigated
(DBN)

Legal Recruiters See Uptick In Calls for Experienced Associates
(DBN)

When Unemployed Law Students Attack
(DBN)

Who Wants to Make Partner? Not U.K. Associates
(DBN)

UK top 30: revenues shrink by half a billion as PEP rebounds
(DBN)

Davis Polk, Weil in AIG Blame Game
(DBN)

New Hiring System Keeps Contract Attorneys Away From Law Firms
(DBN)

Filmmaker Says He Was Working Undercover for Plaintiffs Firm Suing Dole
(DBN)

Novel Fee Fight Lands at Calif. Appeals Court
(DBN)

As Takeover Bid Grows, Airgas Continues Cravath Fight
(DBN)

Unemployed Irish lawyers lured to Toronto’s ‘safe haven’
(DBN)

Survey Documents Rise of Telecommuting Lawyers
(DBN)

Now-Disbarred Attorney: ‘I Knew I Was Creating My Own Disaster’
(DBN)

Pls Hndle Thx: Ticking Time Bomb
(DBN)

Divorced Couple Ordered to Split Custody of Family Dog
(DBN)

Should Lindsay Lohan Go To Law School?
(DBN)

Lawyer of the Day: Leicester Bryce Stovell
(DBN)

Ex-doomsday followers fight for money back
(DBN)

State Senator Thinks DWI is Too Expensive
(DBN)

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Judges:

Justice Ginsburg Rolls Out Welcome Mat for Kagan
(DBN)

Justice Kennedy's clout could grow on high court
(DBN)

Don’t Tase Him, Bro — His Uncle’s a Supreme Court Justice
(DBN)

Lindsay Lohan’s Judge Reveals Loss of Love and Valuable Shoes
(DBN)

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Wall Street:

Stocks set for lower open
(DBN)

U.S. stocks have best week in nearly a year
(DBN)

Wall St. Hiring in Anticipation of an Economic Recovery
(DBN)

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Layoffs:

Lost in Flying J's bankruptcy: 2500 jobs
(DBN)

Labor Dept. Estimates $7.1 Billion in Overpayments to Unemployed
(DBN)

U.S. Lags in Job Growth
(DBN)

End of Census, and for Many, End of Job
(DBN)

Obama: Time to Get Moving on New Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Christie recommends massive privatization of NJ services
(DBN)

Governors Grapple With Financial Woes
(DBN)

A Tough Time for Governors
(DBN)

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Corporate Reform:

Volcker Pushes for Reform, Regretting Past Silence
(DBN)

Reform Bill Retools Lending
(DBN)

Democrats Corral Votes on Bank Bill
(DBN)

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Retailing:

General Growth gets $400M bankruptcy loan
(DBN)

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Tax:

New rules mean millions more tax forms for businesses
(DBN)

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Video Rentals:

Blockbuster hires more help for financial overhaul
(DBN)

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Gambling:

June swoon a bad sign for Atlantic City casinos
(DBN)

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Agriculture:

The bankruptcy of giant farming co-op Tri Valley Growers holds lessons
(DBN)

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Economy:

Economists see U.S. recovery weakening
(DBN)

Debt panel has gloomy outlook
(DBN)

Economic Recovery Driven by Imbalances
(DBN)

Optimism on hold; Recovery economy falters
(DBN)

Treasury 10-Year Notes Have Biggest Weekly Drop in Three Months
(DBN)

Are Overdue Reports Concealing Impact On Medicare?
(DBN)

Op-Ed Columnist - Pity the Poor C.E.O.s
(DBN)

Wholesale sales fall in May, inventories rise
(DBN)

How the Economy Will Look on Election Day
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

Mortgage Investors Turn to State Courts for Relief
(DBN)

Record-Low Rates Aren't Reviving Home Sales
(DBN)

Mortgage rates scream 'buy,' but who's listening?
(DBN)

CMBS Delinquency Rate Exceeds 8%: Fitch
(DBN)

Liening on banks
(DBN)

Calif. real estate agent accused of robberies
(DBN)

Riskiest Cities For Homeowners
(DBN)

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Credit Cards:

World's Worst Credit Cards
(DBN)

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Banking:

Regulators Close Four More Banks
(DBN)

Number of bank failures hits 90 for the year
(DBN)

Crisis Awaits World’s Banks as Trillions Come Due
(DBN)

BofA Says 6 Trades Incorrectly Hid Debt
(DBN)

BofA Bolsters Compliance After $10.7 Billion Error
(DBN)

Small banks flexed muscles
(DBN)

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Oil/Gas:

BP: Gulf Of Mexico Oil Spill Response Cost Reaches $3.5 Billion
(DBN)

Weighing the Possibility of Bankruptcy for BP
(DBN)

Britain prepares for the collapse of BP
(DBN)

BP in talks to sell Apache $12 billion in assets
(DBN)

BP partner Anadarko refuses to pay spill bill
(DBN)

Experts Disagree On BP's Potential Cash Liability
(DBN)

BP shares rise as Deepwater Horizon well repairs progress 'as planned'
(DBN)

In Gulf, Usual Loans Not an Option
(DBN)

BP Removes Cap From Well, Aiming for a Tighter Fit
(DBN)

5 million leaked gallons later, 'top hat' will be in place
(DBN)

Value of oil skimming Gulf flotilla is uncertain
(DBN)

First rig sails away over deep-water drilling ban
(DBN)

BP's payments help, but don't match the loss
(DBN)

BP Ready To Pay Six Months In Claims: Fund Administrator
(DBN)

SemGroup avoided liquidation after its collapse
(DBN)

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Baseball:

Cuban will make pitch
(DBN)

Cuban: No comment on Rangers bid
(DBN)

A New Ace And A Possible New Owner For The Rangers
(DBN)

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Celebs:

Bankruptcy Woes For A Former Star Of That 70's Show
(DBN)

How Fergie, Duchess of York, got into debt
(DBN)

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Politics:

Bank Bailout Is Potent Issue for Both Parties in Fall Races
(DBN)

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Miscellaneous:

Almatis, National Envelope, Flying J, FairPoint, Abitibi: Bankruptcy
(DBN)

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Art:

Attorney expands on Applejack bankruptcy goals
(DBN)

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Debt Collection:

Debt collector accused of concealing assets, fraud, by bankruptcy
(DBN)

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Telecoms:

Nortel captain jumps ship as company unwinds
(DBN)

Nortel forced to repay £2bn UK pensions shortfall
(DBN)

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Symphonies:

Symphony says musicians have rejected 'best and final' contract offer
(DBN)

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Hedge Funds:

Hedge Funds ‘Frozen in Headlights’ Scale Back Trading
(DBN)

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New Bankruptcy Opinions
(2 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

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Avoidance Actions:

For Whose Benefit? Courts in Adelphia and eToys Bankruptcies Decline to Unwind Transactions Where Suits Do Not Serve Goal of Creditor Protection
(DBN)

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Health Care:

Two Erickson properties file for bankruptcy ; may sell at auction
(DBN)

Medicare Fraud Effort Leaves Elderly Surprise Hospital Bills
(DBN)

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Mass Torts:

Jury Favors Defense in Asbestos Case
(DBN)

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Bankruptcy Statistics:

Phoenix Bankruptcy Filings Fall in May
(DBN)

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Exemptions:

Schwab v. Reilly, Another Bankruptcy Problem Congress Should Fix
(DBN)

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Tax:

U.S. Widens Tax Inquiry Into HSBC
(DBN)

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Aviation:

Airlines Play the No-Fault Card
(DBN)

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Autos:

Why GM May Be Worth More Than Ford
(DBN)

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Chemicals:

Chemtura Files Bankruptcy Reorganization Plan That Includes Canadian Unit
(DBN)

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Fraud:

Scott Rothstein e-mails portray desperation for cash
(DBN)

Bankruptcy trustee Randy Seaver flexing his investigative muscle in Hecker case
(DBN)

Ex-IBM Executive in Galleon Case Says Affair Was Business
(DBN)

Another date in court for Goldman
(DBN)

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UK:

UK GDP growth unchanged at 0.3%
(DBN)

Revised data show deeper U.K. recession
(DBN)

Duchess of York staff 'redundant'
(DBN)

Bankrupt people 'wrongly denied basic bank accounts'
(DBN)

______________

EU:

Euro Zone Debt Is Coming Due
(DBN)

Hedge funds may still escape EU pay crackdown
(DBN)

Corporate Bond Risk Rises in Europe, Credit-Default Swaps Show
(DBN)

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Germany:

Merkel's Rules for Bankruptcy
(DBN)

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Vatican:

Vatican posts financial loss for third year in a row
(DBN)

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Ireland:

Former Anglo Irish bank boss Sean Fitzpatrick declares bankruptcy
(DBN)

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Portugal:

Head Of Largest Private Portuguese Bank Forced To Deny Bankruptcy Rumors
(DBN)

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Middle East:

Gently, gently for Dubai World
(DBN)

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Greece:

Could Greece come right after all?
(DBN)

Greece tax agents raid rich cheats
(DBN)

Greeks Unhappy With Reforms, Undecided Vote Grows
(DBN)

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China:

China's frothy property market falters in June
(DBN)

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Japan:

Goldman Loses Control Over Golf Club in Japan as Members Rebel
(DBN)

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