July 19, 2010

The Daily Bankruptcy News

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Law:

Is Adding a Second Tier for Law Firm Associates a Good Thing?
(DBN)

Major law firms bouncing back slowly
(DBN)

Alleged Conflict Spurs Malpractice Suit Against Baker Botts
(DBN)

When an Equity Stake Can Be an Attractive Fee Option
(DBN)

Big Deal Week for Cream of Am Law 100 Crop
(DBN)

Christopher Johnson Joins McKool Smith
(DBN)

NY Firm Raises Pay, Unfreezes Lockstep for London Associates
(DBN)

Justice Department Calls for Probe of Federal Sentencing Patterns
(DBN)

Hogan Lovells Partner to Repay $300K Earned in Part for Plagiarized Work in Prior Post
(DBN)

Lawyer Charged After Slugging Opposing Counsel at Courthouse
(DBN)

Debevoise Got a Little Too Aggressive in Critical Mass Case
(DBN)

Report: Ethics Lawyers Violated State Policies With Outside Practice
(DBN)

Listen to Nasty Legal E-Mails While You Drive
(DBN)

The New, Only-Sorta Associates
(DBN)

What Hulk Hogan and the Iron Sheik Can Teach Lawyers
(DBN)

Bernie Madoff's Lawyer Joins NY Litigation Boutique
(DBN)

Dead BigLaw Firm Sued Over Dud Big Shot Marriage
(DBN)

What’s Missing in All the Analysis of the Legal Employment Market and the Advisability of Entering Law School
(DBN)

Tell Her She Looks Ridiculous
(DBN)

Suit of the Day: Casinos Let Me Keep Losing Money
(DBN)

Pls Hndle Thx: It’s A Partner’s Life
(DBN)

Emory Law Student Lament: ‘We don’t need donuts, we need jobs.’
(DBN)

Repeat to Yourself, "It's Just a Show, I Should Really Just Relax"
(DBN)

Lawyer Says She Didn't Know Client Funds Were Tainted; Prosecutors, Client Say She Did
(DBN)

Albie Manzo v. Seton Hall Law School?
(DBN)

Lawyer of the Day: Prosecutor-To-Be Mouths Off to Officer — and Loses Job
(DBN)

A Passive-Aggressive Craigslist Ad
(DBN)

George Clooney Radiates Cool on Witness Stand
(DBN)

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Judges:

New Judicial Pay Lawsuit Targets $51 Million N.Y. Budget Appropriation
(DBN)

Yale, Harvard Law Taking Over Supreme Court
(DBN)

A Changing High Court: New Roles for Justices Kennedy, Breyer?
(DBN)

Low-Key Judge Raises the Roof With Foreclosure Rulings
(DBN)

A ‘Disappointed & Shocked’ Top Judge is Reprimanded for Refusing Execution-Eve Appeal
(DBN)

Judge Rules ‘People’s Court’ Testimony Isn't the Real Thing
(DBN)

Posner Rips Easterbrook on Juror Anonymity Question
(DBN)

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Wall Street:

World shares retreat after Wall Street tumble
(DBN)

US bank results portend investment bank woes
(DBN)

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Layoffs:

Companies in US Say They Plan to Boost Hiring
(DBN)

Frustration and Despair as Job Search Drags On
(DBN)

After Job Training, Still Scrambling for a Job
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Hedge Funds:

Hedge-Fund Manager Despairs, Declares 'Time Bankruptcy ,' Quits
(DBN)

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Retailing:

General Growth bankruptcy emergence to better position mall company
(DBN)

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Corporate Reform:

Shelby: Repeal It
(DBN)

FinReg: A Full Employment Act for the Nation’s Lawyers?
(DBN)

After Goldman Sachs settlement, SEC looking at exotic financial products
(DBN)

Goldman Settlement Is Said to Split SEC
(DBN)

Fight Now Looms Over Fannie, Freddie
(DBN)

The Real Reason Geithner Is Afraid of Elizabeth Warren
(DBN)

Elizabeth Warren vs. Timothy Geithner
(DBN)

The Warren Drama: Another Missed Opportunity?
(DBN)

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Distressed Investing:

New REIT Will Shop For Distressed Assets
(DBN)

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Health Care:

Small firms canceling coverage
(DBN)

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Economy:

Economists say recovery continues, but pace slows
(DBN)

Total foreign holdings edge up to $3.96 trillion
(DBN)

Firms Plan to Hire but Service Sector Lags
(DBN)

Economy may not recover 'for five or six years'
(DBN)

Obama's Economic Dilemma
(DBN)

Consumer Sentiment Sinks To Lowest Level in 11 Months
(DBN)

5 Places to Look for Next Financial Crisis
(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:

Fannie Mae gets tough on 'strategic' mortgage defaults
(DBN)

Bankruptcy as mortgage relief: Shrewd or shameful?
(DBN)

Bankrupt real-estate magnate Michael R. Mastro still living large
(DBN)

Lake Las Vegas emerges from bankruptcy
(DBN)

Foreclosure programs struggling to help home owners
(DBN)

Hartford tops list of insurers burned by Goldman's Fannie sales
(DBN)

GE Real Estate Still Hurting
(DBN)

How Financial Overhaul Changes the Mortgage Market
(DBN)

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Religion:

Vatican: Churches can be shut for good of diocese
(DBN)

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Symphonies:

'Resignation' bogus, musicians contend
(DBN)

Honolulu Symphony members continue playing
(DBN)

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Oil/Gas:

Amid Tests, BP Sees No Signs of Damage to Well
(DBN)

Seep near capped well worries US
(DBN)

US Demands More Test Data From BP After Seep Found in Seabed
(DBN)

BP puts Gulf oil spill cost at nearly $4 billion
(DBN)

Oil Rig's Final Hours Under Investigation
(DBN)

For Kenneth Feinberg, More Delicate Diplomacy
(DBN)

BP investors face tough road in court fights
(DBN)

BP Will Resume Oil Capture After Well Tests End
(DBN)

Cap may erase sense of hopelessness in oil spill
(DBN)

BP-Apache Talks on Prudhoe Bay Stake Said to Stall
(DBN)

Is Obama Claiming Credit for Gulf Spill Solution?
(DBN)

After Gulf spill, restaurateurs cope with price spikes
(DBN)

Gulf fishing restrictions fight tide of public's fear
(DBN)

After Oil Spills, Hidden Damage Can Last for Years
(DBN)

BP's Oil Spill Could Have Been Much Worse
(DBN)

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Celebs:

Teresa Giudice hits a snag in Bankruptcy Court.
(DBN)

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Envelopes:

National Envelope Wins Court Approval for $25 Million Bankruptcy Financing
(DBN)

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Trucking:

Arrow Found to Have Violated WARN Act
(DBN)

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Credit Reporting:

Dallas area ranks among nation's worst for debt loads, credit scores
(DBN)

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Gambling:

Queries at NYC OTB
(DBN)

Lawrence County racetrack-casino in jeopardy
(DBN)

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Municipalities:

Municipalities on brink, but muni bonds hang in there
(DBN)

Judge Denies Gov. Arnie's Minimum Wage Deal
(DBN)

Strapped Cities Rent Police, Janitors
(DBN)

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Baseball:

The Ballpark & Rangers Bankruptcy
(DBN)

Texas Rangers' bankruptcy needs to be done right, without Hicks' side deals
(DBN)

Mark Cuban clarifies Rangers stance: He's interested, but exploring
(DBN)

Rangers' Lawyers: 'Time to Put Up or Shut Up'; Auction Set for August 4
(DBN)

Brown: Adding Mark Cuban to Bidding Group for Texas Rangers Ill-Advised
(DBN)

Lenders may be turned off by Rangers' bankruptcy process, experts say
(DBN)

Staring Down Lenders, Selig Complicates Rangers' Sale
(DBN)

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Defaults:

U.S. Corporate Defaults in 2009 Highest on Record
(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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Miscellaneous:

White Energy, Brown Publishing, Strauss Auto, Zayat, Crunch: Bankruptcy
(DBN)

BP, RBS, ESun, Galleon, Churchill, Total, Goldman, Dell in Court News
(DBN)

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Tax:

IRS Outlines Tax Refund Procedure for Trustees of Bankruptcy Estates
(DBN)

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Fraud:

New Evidence Strengthens Wall Street Suit
(DBN)

Goldman Exhales, Buy It
(DBN)

The Men Who Ended Goldman's War
(DBN)

Who Really Won in Goldman Sachs' SEC Settlement?
(DBN)

But Who Won? Sizing Up Goldman’s Deal With the SEC
(DBN)

A Closer Look at the Goldman Sachs SEC Enforcement Action Settlement
(DBN)

Goldman Sachs Agrees to Forgo Tax Deduction for $550m Settlement With SEC
(DBN)

Goldman Sets Aside $9B for Compensation
(DBN)

A Victory for the Rule of Law
(DBN)

The SEC Wins A Big One
(DBN)

Weighing the Trade-Offs in the Goldman Settlement
(DBN)

Goldman Sachs upgraded on ‘exorbitant’ SEC deal
(DBN)

Goldman to pay Tourre's legal fees after its own $550m fine
(DBN)

Battered By Months in Jail, Onetime Billionaire Stanford Says His Defense Is Suffering
(DBN)

94 Indicted, 36 Arrested in Record 5-State, $251M Medicare Fraud Bust
(DBN)

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Hotels:

Apollo's Innkeepers USA Said to Prepare Bankruptcy Filing
(DBN)

Biltmore, Gables wrangle over past-due rent
(DBN)

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AIG:

AIG Agrees to $725M Fraud Payout
(DBN)

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Pensions:

A Crusade to Avert Pension Crisis
(DBN)

Retirees' Bankruptcy Protection Act Trumps ERISA, 3rd Circuit Rules
(DBN)

Solving a Looming US Retirement Crisis
(DBN)

Under 40? No Pension for You
(DBN)

Retirement: Gen Y's Empty Piggy Bank
(DBN)

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Banking:

Poor Trading Results Take Toll on Profits at Both Citigroup and Bank of America
(DBN)

Bank Profits: How $6 Billion Is Bad News
(DBN)

Pandit Says Citigroup Can Absorb Curbs on Fees
(DBN)

Holding Bankers' Feet to the Fire
(DBN)

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Radio:

The Interep Chapter 7 trustee asks a court to make four radio groups pay up
(DBN)

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Autos:

Courtroom Drama Over Misplaced Comma
(DBN)

Audit criticizes Obama task force for dealer closings
(DBN)

Chrysler dealer loses fight to keep Maryland locations open
(DBN)

Visteon may target benefits again
(DBN)

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Politics:

String of failed companies
(DBN)

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Cross-Border:

Controladora Comercial Mexicana SAB Files Chapter 15 Bankruptcy in US
(DBN)

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UK:

Insolvency Service delays IT shutdown for second time
(DBN)

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EU:

After Tumult, Debt Worries Ease in Europe
(DBN)

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China:

China Should Reduce Dollar-Reserve Assets, Yu Writes
(DBN)

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Hungary:

All eyes on forint as IMF, EU suspend talks with Hungarian government
(DBN)

Hungary versus the IMF
(DBN)

Hungarian forint drops after snagged IMF talks
(DBN)

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Ireland:

Ireland's credit rating downgraded
(DBN)

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