July 14, 2010

The Daily Bankruptcy News

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Law:

O'Melveny Sues MGA Over $10.2 Million in Legal Fees
(DBN)

DLA sees partner profits fall by 18% after tough year in the Middle East
(DBN)

DLA Piper Leads Global Mergers And Acquisitions In First Half Of 2010
(DBN)

NY Law Firm Has 14 Lawyers, But Files About 80,000 Suits a Year
(DBN)

White & Case Joins Rangers Bankruptcy Case
(DBN)

Brownstein Hyatt adds bankruptcy lawyers in L.A.
(DBN)

Wage Gap Persists Among Female Partners: Where’s the Outrage?
(DBN)

WilmerHale Brings Clarity to its Merit-Based Compensation Program
(DBN)

Unemployed Lawyer Applies for 1,000 Jobs, Scores Zero Interviews
(DBN)

Trial lawyers expect tax break from Treasury Department
(DBN)

9th Circuit Doles Out 6-Month Suspension to Top Plaintiffs Lawyer
(DBN)

Sign of the Times: Even Cravath Has to Sell Itself
(DBN)

Disturbing findings for legal departments regarding time tracking by law firms
(DBN)

NY Lawyer Claiming Law School Loan Deal Was Unfair Wins Day in Court
(DBN)

56-Year-Old Lawyer Loses Age Bias Suit Over Hiring of 40-Year-Old Rival
(DBN)

Paul Hastings Looks for "Drive"
(DBN)

"Die Hard" Director Pleads Guilty in Wiretap Case
(DBN)

Too many graduates are chasing too few jobs as job openings fall 12%
(DBN)

The $100,000 Rednecks
(DBN)

Are Law Schools Screwing Students?
(DBN)

In Defense of Going to Law School
(DBN)

Ex-Detroit Mayor Pleads Poverty, Gets PD, in New Federal Tax Fraud Case
(DBN)

Appeals Court Strikes Down Indecency Rule
(DBN)

Building Your Reputation as a Young Lawyer
(DBN)

'Barefoot Bandit' Pleads Guilty in Bahamas
(DBN)

New Nonprofit Asks Law Schools for Detailed Salary, Job Information
(DBN)

Blind Law Grads See Injustice in Bar Exam Rules
(DBN)

Can You Give Unsolicited Fashion Advice to Interns?
(DBN)

Lawyer Gets 30 Days and Must Wear Alcohol-Detection Device After 5th DUI Arrest
(DBN)

Law Prof Finds Fame After Lindsay Lohan Tweets His Article
(DBN)

UVA Law Stakes Claim
(DBN)

This law office needs an Urban Dictionary
(DBN)

Skadden Associate Graces The Cover of In Touch Magazine Thanks to Rumored Relationship with The Bachelorette
(DBN)

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Judges:

Bankruptcy judges to testify at House Judiciary hearing
(DBN)

Senate panel puts off Supreme Court vote
(DBN)

Lawyers Committee for Civil Rights Declines to Endorse Kagan
(DBN)

NY Judge Suing Rival, Lawyer for $15 Million Over Alleged Election Skullduggery
(DBN)

Lawyer of the Day, or Judge of the Day?
(DBN)

Former Texas Supreme Court Justice Harriet O'Neill goes solo
(DBN)

Dealing with presumptuous judges
(DBN)

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Courts:

Is the Court System for Ordinary Folks Broken?
(DBN)

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Wall Street:

Futures point to higher open for US stocks
(DBN)

Wall Street rallies on profits
(DBN)

Stocks Surge After Alcoa, CSX Report Strong Profit
(DBN)

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Layoffs:

Job openings drop in May as hiring stays weak
(DBN)

The Latest Disturbing Unemployment Statistic
(DBN)

Northrop Grumman Eyes 5,000 Job Cuts
(DBN)

Corbett: Unemployed waiting on benefits to run out
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Rail:

CSX sees further gains from economic recovery
(DBN)

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Fraud:

Goldman May Seek Extension in SEC Case
(DBN)

Goldman Sachs Can Show SEC Clients Get Best Returns on Its IPOs
(DBN)

Morses reach $30M settlement in RRA bankruptcy
(DBN)

Former college dean has car repossessed during trial
(DBN)

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Autos:

Court orders Visteon retiree benefits reinstated
(DBN)

Delphi Retirees Testify Locally to Congress
(DBN)

As US Fidelis failed, owners transferred real estate to parents
(DBN)

GMAC is no more: Financial unit will formally adopt Ally name
(DBN)

Automobile dealers facing closure to soon know fate
(DBN)

Key dates in the GM, Chrysler dealer appeals
(DBN)

How GM's bankruptcy contains lessons for all
(DBN)

Toyota Crash Data Suggest Driver Error
(DBN)

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Aerospace:

AsiaSat-Sea Launch Contract Will Require Court Approval
(DBN)

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Sponges:

SpongeTech Strikes Out in Bankruptcy
(DBN)

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Banking:

Let The Games Begin
(DBN)

Florida Banks Seek Reprieve From New Capital Rules
(DBN)

More private suits target big Wall Street banks
(DBN)

"Most of us would rather be hated and bonused up, than hated and poorly paid.'"
(DBN)

Bailed-out small banks face takeover risk
(DBN)

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Economy:

Fed Sees Slower Growth
(DBN)

Surprise jump in trade deficit worries economists
(DBN)

U.S. Trade Gap Widens on Rising Imports of Consumer Goods
(DBN)

Earnings look good. But where are the jobs?
(DBN)

Federal deficit gap tops $1 trillion through June
(DBN)

TARP failed Main Street banks
(DBN)

Small Businesses Grow More Pessimistic
(DBN)

Chinese rating agency strips Western nations of AAA status
(DBN)

A Double-Dip Recession? No, Thank You.
(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:

Home Prices Rise for 4th Month in a Row, but Can It Last?
(DBN)

Texas home price gain is below national average for May
(DBN)

AHF attorney pay might be layered
(DBN)

15 States Where Home Prices Actually Fell In May
(DBN)

Economist Reports the Housing Market Double Dip is Beginning
(DBN)

Seriously Delinquent Prime RMBS Rise for 37th Straight Month: Fitch Ratings
(DBN)

Foreclosure: A Letter from the Front Lines
(DBN)

Foreclosure Update: the Good and the Bad
(DBN)

City and Unions Press Banks on Foreclosures
(DBN)

Canceled foreclosure sales hit record in June
(DBN)

Foreclosure Telephone Help Line Crashes On First Day
(DBN)

Southern California home sales enjoy a fruitful month
(DBN)

Strategic Defaulters as the New Welfare Queens
(DBN)

Survey: Few Homeowners Have Buyer's Remorse
(DBN)

More Bad News For Prime RMBS Delinquencies
(DBN)

The accidental CMBS recovery
(DBN)

Fannie, Freddie fixer
(DBN)

Development dreams in downtown Oklahoma City face economic reality
(DBN)

District Judge Upholds Mortgage Bondholder Suit Against Citigroup
(DBN)

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Noticing:

Undeliverable bankruptcy notices to be forwarded to debtors
(DBN)

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Tax:

Credit Suisse’s German Offices Raided in Tax Probe
(DBN)

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Oil/Gas:

BP Nears Turning Point in Crisis
(DBN)

BP Caps Well, but Faces Gusher of Criticism Over Claims
(DBN)

The fed's 4th spill bill: $99.7 million
(DBN)

Gulf of Mexico oil clean-up by the numbers
(DBN)

Is the Oil Spill Fixed? What the New Containment Cap Will and Won't Do
(DBN)

Oil Still Spilling as Well Test Is Delayed
(DBN)

Pressure mounts for BP
(DBN)

Apache sees opportunity in BP Alaska assets
(DBN)

The End of the Beginning for BP
(DBN)

Presidential Gulf oil spill commission to hold 2nd day of hearings
(DBN)

New oil rig lawsuit challenges drilling moratorium
(DBN)

BP's Crisis Could Soon Become Great Britain's
(DBN)

Crown prince of Abu Dhabi eyes BP stake
(DBN)

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Municipalities:

Penny-Pinching Towns Put Police Out to Pasture
(DBN)

Suffer These Crimes in Oakland? Don't Call the Cops
(DBN)

State Tax Revenues on Rise Again
(DBN)

Dan Miler to present fix for Harrisburg's financial woes
(DBN)

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Symphonies:

Richardson Symphony Orchestra Should Have Filed Bankruptcy
(DBN)

Orchestra musicians file grievance
(DBN)

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Food/Drink:

Max & Erma's restaurant chain sale proposed
(DBN)

Texas Winery Sold In Bankruptcy Auction
(DBN)

Ham's assets could be sold at auction or to relatives
(DBN)

______________

Paper:

ORIX Finance Leads $110 Million Restructuring Financing for The Newark Group
(DBN)

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Consultants:

Gordon Brothers Group Hires President of Debt Investment Group
(DBN)

Navigant Expands Firm's Complex Commercial Disputes & Business Valuation Expertise in New York with Hire of Jeffrey Baliban
(DBN)

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Rail:

CSX Sees 1-2 Years Before Full Transport Recovery
(DBN)

______________

Telecoms:

Nortel Networks Files Bankruptcy Plan Without Payment Details
(DBN)

FairPoint's future still up in air
(DBN)

______________

Lehman:

Chicago attorney Anton Valukas, Lehman bankruptcy examiner, done with case
(DBN)

DBS to Pay $84 Million in Hong Kong Lehman Settlement
(DBN)

______________

Gambling:

Dimitrios Papas was 'snookered,' lawyer says
(DBN)

______________

Equipment Rental:

Neff Rental Receives Approval of Disclosure Statement
(DBN)

______________

Distressed Investing:

Blackstone's GSO Capital Partners Closes $3.25B Distressed Fund
(DBN)

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Privacy:

Gay teenagers' data could be sold after US magazine goes bankrupt
(DBN)

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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 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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Debt Collection:

Automated Debt-Collection Lawsuits Engulf Courts
(DBN)

A New Breed of Debt Collectors
(DBN)

FTC Report Urges Reform of Litigation and Arbitration Systems for Debt Collection
(DBN)

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Claims Trading:

Bankruptcy Claims Trading Falls in June
(DBN)

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Personal Finance:

Radio 'Talk Show' Host Is a Fraud, AG Says
(DBN)

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Baseball:

Texas Rangers Seek Auction With Ryan as Lead Bidder
(DBN)

Bankruptcy judge delays Texas Rangers auction to Aug. 4
(DBN)

Rangers' bankruptcy case is such a mess that it's comical
(DBN)

Rangers, Greenberg/Ryan Work in Tandem to Release New Bid Procedures for Sale
(DBN)

New Bids For Texas Rangers Would Top $600 Million
(DBN)

Before Court Hears About Latest Suit, Rangers Demand July 22 as Drop-Dead Sale Date
(DBN)

Retaining Ryan vital to Rangers' future
(DBN)

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Chapter 13:

Problems with Chapter 13 Plans Post-Lanning
(DBN)

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Miscellaneous:

Texas Rangers, Visteon, Centaur Creditors, Arrow Air, Axia: Bankruptcy
(DBN)

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Corporate Reform:

Elizabeth Warren is ideal for first director of Consumer Financial Protection Bureau
(DBN)

US Wall St bill appears to have votes to pass
(DBN)

GOP's Snowe, Brown back Wall Street overhaul bill
(DBN)

Financial Reform Looks Set for Senate Vote on Thursday
(DBN)

Financial Bill to Close Regulator of Fading Industry
(DBN)

Paulson Likes What He Sees in Overhaul
(DBN)

Bailout Watchdog to Audit Housing Program
(DBN)

Financial Overhaul Hits Farmers
(DBN)

Will The Financial Reform Bill Be Regulatory Overkill?
(DBN)

Financial Reform Leaves Vile Law Intact
(DBN)

______________

Aerospace:

US to consider Sea Launch reorganization plan
(DBN)

______________

Finance:

Small Business Loans Restricted, Why?
(DBN)

______________

Retailing:

General Growth to re-emerge as two companies
(DBN)

Mall giant General Growth files plan to emerge from bankruptcy
(DBN)

_____________

Awards:

Cadwalader Financial Restructuring Partner Recognized as M&A Advisor '40 Under 40'
(DBN)

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Health Care:

Doctors Fight St. Vincent's Bid to Pay Contractors
(DBN)

With hospital deal at risk, lawsuits and fingerpointing
(DBN)

Sumner Regional CEO says county's appeal could jeopardize sale
(DBN)

Texas doctors threaten to pull out of Medicaid
(DBN)

The 20 Fattest States In The World's Fattest Country
(DBN)

Why are Americans fat?
(DBN)

Kentucky town illustrates national obesity crisis
(DBN)

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Aviation:

Analysts are cutting AMR estimates
(DBN)

______________

Accounting:

Deloitte Employees Infesting Miami Condos with Their Green Dottedness
(DBN)

Accountant Claims That She Has Trouble Controlling the Volume of Her Voice
(DBN)

PricewaterhouseCoopers Houston Happy Hours Still May Not Be Safe
(DBN)

______________

Golf:

Private golf courses face financial squeeze
(DBN)

______________

UK:

Duchess of York in heavy debt after high end shopping spree
(DBN)

Once-proud Portsmouth now plagued
(DBN)

Begbies launches turnaround panel
(DBN)

______________

EU:

European Bank Stress Test Results May Be Delayed
(DBN)

Europe's Stress Tests Are No Big Stress
(DBN)

EU finance ministers remain split on bank stress tests
(DBN)

Germany's Schaeuble Says He'll Offer 'Assistance' to Portugal
(DBN)

Euro-zone industrial output continues rebound
(DBN)

______________

Ireland:

Hard-Knock Life for Ireland's Most Reviled Banker
(DBN)

Shamed banker to rely on wife's €3.6m
(DBN)

Irish Test Limits of Austerity
(DBN)

Reality bites for golden circle of Irish finance
(DBN)

This is no mere slump, it's the bankruptcy of a nation
(DBN)

______________

Greece:

Wind Hellas Units Move To London, Could Aid Debt Plan
(DBN)

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