July 16, 2010

The Daily Bankruptcy News

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Law:

Cleary Killing It in Nortel Bankruptcy
(DBN)

Watch Out Hedge Funds, Here Come the Law Firms
(DBN)

Weil Gotshal reinstates London associate lockstep
(DBN)

An Interview with the Alleged Father of LeBron James
(DBN)

WSJ Editorial Blasts Possible ‘Bill Lerach Tax Cut’
(DBN)

Defunct Wolf Block Sued Over 1983 Prenuptial Agreement
(DBN)

The Reinvention of a Partner
(DBN)

Growing a Solo Practice: Settling Into the New Office
(DBN)

Yet Another Day of Reckoning for Lawyer Lynne Stewart
(DBN)

‘Goldfinger’ Raid Conducted on Law Firm in Possible Tax Case Against James Bond Star Sean Connery
(DBN)

Even U.S. News Suggests Law School Tuition Is Getting Ridiculous
(DBN)

Will Law School Credentials Bubble Burst? Law Prof Calls Trends ‘Unsustainable’
(DBN)

Associate general counsel for Lexmark: "People are amazed that with something as simple and inexpensive as a Sharpie, you can decorate a whole basement."
(DBN)

Accused of Partying Too Hearty at Law Firm Event, Partner Sues 2 Associates Who Complained for $2.3M
(DBN)

Alleged actions at law firm party sparks legal spat
(DBN)

Who Needs Performance Reviews?
(DBN)

Lynne Stewart Gets a New 10-Year Prison Sentence
(DBN)

'People's Court' Testimony Thrown Out of Real Case
(DBN)

10 Uses for a Dead BlackBerry
(DBN)

Law Practice Tips From Professional Wrestling
(DBN)

Onetime Law Student Sues, Claims Beer Pong Prowess Wasn’t Meant for Prime Time
(DBN)

University of Texas Renames Simkins Hall
(DBN)

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Judges:

How Not To ‘Sweet Talk’ A Judge
(DBN)

Sessions on Kagan: 'Filibuster Is Not Off The Table'
(DBN)

Specter Throws Support Behind Kagan . . . Just Barely
(DBN)

NY Judge Who Jailed a Mom for Son Not Visiting Rapist Dad in Prison Ousted From Family Court
(DBN)

Reprimand Urged for Judge Accused of Joking About Murderous Marital Urges
(DBN)

Ex-Ten Commandments Judge Loses Alabama GOP Gubernatorial Primary
(DBN)

Federal Judge Dings Debevoise Clients for 'Unwarranted Persistence' in Pro Bono Case
(DBN)

‘Baby Mama’ Drama on Wisconsin Bench Reaches Resolution
(DBN)

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Wall Street:

Futures higher
(DBN)

Shares Fall Despite Bank Earnings
(DBN)

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Layoffs:

Fed's Yellen Says Job Creation Is 'High Priority'
(DBN)

Generational Flip in Job Force
(DBN)

Jobless Claims Decline
(DBN)

Jobless Claims: Take the Latest Drop with a Grain of Salt
(DBN)

Why Everyone Suffers When Jobs Seekers Quit
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

JPMorgan Chase Plans Debt Sale After Profit Rises 76%
(DBN)

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Celebs:

Real Housewife Finds Drama in Bankruptcy Court
(DBN)

Teresa Guidice: I'm Not Losing My Home
(DBN)
fs

Vick's friends, family sued for millions in bankruptcy court
(DBN)

Vick bankruptcy trustee: What happened to money?
(DBN)

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Autos:

Visteon Judge Turns Down Shareholders Request to File Reorganization Plan
(DBN)

Visteon creditors may buy shares
(DBN)

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Health Care:

Skilled Healthcare jumps 30% on litigation update
(DBN)

Judge confirms Sunwest reorganization plan
(DBN)

Judge orders Forum, creditors to work out differences
(DBN)

Judge Intervenes on Forum Discovery Issues
(DBN)

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Hotels:

US hotel transactions up 153% in first half of 2010
(DBN)

Hotel near winery auctioned for $5.6 million
(DBN)

Host Hotel & Resort shares fall on word of deal
(DBN)

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Aviation:

Highland Airways staff took pay cut in bid to save firm
(DBN)

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Economy:

U.S. June producer prices fall 0.5%; core up 0.1%
(DBN)

Economists Express More Optimism
(DBN)

US Slump Prompts Look at Stimulus
(DBN)

Fed Sees New Stimulus as Potentially Risky
(DBN)

Obama Nominees Express Support of Fed’s Expanded Duties
(DBN)

22 Statistics That Prove The Middle Class Is Being Systematically Wiped Out Of Existence In America
(DBN)

Yellen: Job Creation Is Main Focus of Monetary Policy Right Now
(DBN)

Through 2007 Energy Spending Rose 79%, but Use Increased Just 2.6%
(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:

U.S. foreclosure filings rise 8% in first half
(DBN)

Foreclosures fall 5%
(DBN)

Trouble Ahead? Housing Inventory Rises in Many Markets in June
(DBN)

More Louisiana homeowners in trouble
(DBN)

Foreclosures up in first half in Missouri, Kansas
(DBN)

Inland Regions Still Seeing High Foreclosure Rates
(DBN)

Calif. Foreclosure Plan Just a Bank Bailout
(DBN)

The foreclosure beat goes on, but is the end in sight?
(DBN)

FHA May Require 10% Down from Low Credit-Score Borrowers
(DBN)

3 More Years Of Pain For Housing
(DBN)

Office Markets Have Bottomed
(DBN)

Towson Commons lenders file for foreclosure
(DBN)

EpiCentre faces foreclosure filing
(DBN)

Madden Real Estate Ventures: What Went Wrong at Stuy Town
(DBN)

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Corporate Reform:

Tim Geithner Trying to Stop Elizabeth Warren from Heading Consumer Protection Bureau
(DBN)

Business Preps for ‘Supreme Court’ Battle Over Consumer Czar - BusinessWeek
(DBN)

Dechert Parses Financial Reform Bill (in 240 Pages) for the ABA
(DBN)

S&C's Rodge Cohen: Financial Reform Bill Has 'Substantial Teeth'
(DBN)

Financial reform winners and losers
(DBN)

Financial overhaul legislation clears Senate hurdle
(DBN)

GOP cries repeal as bank bill passes
(DBN)

Economists Split Over Financial Overhaul
(DBN)

Finding a Good Financial Bill in 2300 Pages
(DBN)

Finance bill favors interests of unions, activists
(DBN)

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Litigation:

Pennsylvania Supreme Court Limits the Applicability of the In Pari Delicto Defense
(DBN)

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Miscellaneous:

Lehman, Truvo, Tronox, Lexington, W New York, Extended Stay: Bankruptcy
(DBN)

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Oil/Gas:

BP says key test on blown Gulf well to start soon
(DBN)

BP Jumps in London After Temporarily Halting Gulf Oil Leak
(DBN)

Oil Spill Capped for a Second Day, Offering Some Hope
(DBN)

The Gulf oil spill: Putting a cap on it
(DBN)

BP Asset Buyers May Face Suits Amid Raises Money to Pay Claims
(DBN)

US drill ban casts long shadow over Gulf prospects
(DBN)

73% Oppose Drilling Ban
(DBN)

BP must pay royalties on Macondo.
(DBN)

Gulf Oil spill fades as issue
(DBN)

Obama Calling Shots in BP Test
(DBN)

Spill Raises Questions About Oil Consultants
(DBN)

Why BP Can't Find a Friend in Big Oil
(DBN)

Gulf of Mexico BP oil spill: Environmental damage may be permanent
(DBN)

Report: BP nears $11 billion asset sale to Apache
(DBN)

Oil spill muddies bank M&A in US Gulf
(DBN)

BP Faces Scrutiny in Lockerbie Case
(DBN)

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Architecture:

Architect Lagrange retiring and his firm seeks Chapter 11 protection
(DBN)

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Retailing:

General Growth to offer $2.15B in notes
(DBN)

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Horse Racing:

Zayat Stables Exits Bankruptcy With Undertaking to Repay Debts in Full
(DBN)

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Gambling:

Station Casinos Can Send Bankruptcy Exit Plan to Vote
(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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Bankruptcy Reform:

Bankruptcy hearing reveals competing views on medical debt
(DBN)

‘Bail-in’ will save the taxpayer from the bail-out
(DBN)

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Bankruptcy Statistics:

California leads US states in small business bankruptcy in Q1 2010
(DBN)

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Compensation:

Court Upholds SEC's Ability to Use SarBox to "Claw Back" Millions from Senior Executive Not Charged with Wrongdoing
(DBN)

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Pensions:

Calpers Gains 11.4%, Best Performance in Three Years
(DBN)

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Debt Collection:

Business Owners Find Creative Ways to Collect the Bills
(DBN)

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Video Rentals:

Movie Gallery files bankruptcy liquidation plan
(DBN)

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Baseball:

How about a bailout for the Rangers ' fans?
(DBN)

Rangers sale: Lenders demand delay
(DBN)

Creditors Seek Emergency Hearing to Reconsider Bid Procedures
(DBN)

Texas has biggest division lead despite bankruptcy
(DBN)

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Fraud:

Goldman, SEC Talk About Burying the Abacus
(DBN)

Goldman Sachs Settles SEC Fraud Charges for $550 Million
(DBN)

Goldman Sachs 'Victory' Ushers Change for Wall Street
(DBN)

Goldman Abacus Settlement: $550M in Hush Money
(DBN)

RBS may seek more after $100 mln Goldman payout
(DBN)

With Settlement, Blankfein Keeps His Grip
(DBN)

Goldman beats SEC on points
(DBN)

Goldman's $550 Million Fine: Slap on Wrist?
(DBN)

Goldman's Grand Delusions Finally Hit Reality
(DBN)

Goldman fesses up
(DBN)

It's Over for Goldman, but Not for Fabrice Tourre
(DBN)

$2M Judgment Against Dole Tossed due to Fraud
(DBN)

Investment Adviser Agrees to Surrender $6 Million in Rothstein Case
(DBN)

Nonprofit eagle group in Ponzi bankruptcy fight
(DBN)

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Directories:

Truvo USA files reorganization plan
(DBN)

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Student Debt:

Undercount of Student Loan Default Rates
(DBN)

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Freight:

DOT Reports Downturn in Freight Index
(DBN)

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Finance:

Risky Lending Makes a Comeback
(DBN)

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Telecoms:

Nortel pensioners and O'Connor face off over who's responsible for Nortel's pensions
(DBN)

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AIG:

AIG Says It Counted as Much as $2.3 Billion of Repos as Sales
(DBN)

What Kind of Guy Is New AIG Chairman Steve Miller?
(DBN)

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EU:

Policymakers see no 'catastrophes' in bank tests
(DBN)

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Canada:

Biz bankruptcies fall
(DBN)

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Mexico:

Comerci Seeks To Revamp $1.54B In Debt
(DBN)

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Ireland:

Bank of Ireland Said to Plan 750 Job Cuts
(DBN)

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