July 23, 2010

The Daily Bankruptcy News

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Law:

Lehman Adviser Fees Could Pay Yankees Four Times Over
(DBN)

NY Firm Sued Over Role in Marc Dreier's Swindles
(DBN)

Huge Win for Orrick, MGA as Ninth Circuit Tosses Bratz Verdict
(DBN)

Andrews Kurth, Hunton Lead on $3.5B GM, AmeriCredit Deal
(DBN)

Skadden's Background Role in Bizarre Advertising Dispute
(DBN)

Student v. School: Charlotte School of Law Sued by Student Seeking Admissions for Bankruptcy Proceeding
(DBN)

More NALP Numbers Show a Frozen Legal Market
(DBN)

K&L Gates invites first years to apply for paralegal positions
(DBN)

Forty-five future Halliwells trainees see jobs disappear
(DBN)

Partners escape as Halliwells finally expires
(DBN)

BDO administrators seal pre-pack deal at Halliwells
(DBN)

Freshfields, Camerons and LG take roles on Halliwells break-up
(DBN)

Survey says a quarter of associates to quit law this year
(DBN)

Law Firm Sanctioned in Bankruptcy Case
(DBN)

Franchising Law Firm Applies the Concept to Itself
(DBN)

Locke Lord’s Chicago Managing Partner Dies of Heart Attack at Work
(DBN)

Law School Orientation According to a Jaded 2L
(DBN)

Freshfields introduces mentor scheme to increase women partners
(DBN)

Steptoe & Johnson Fumes at Nearby Burger Joint
(DBN)

Lawyer Looks for Love Through Cheekd.com
(DBN)

Legal Malpractice Increasing due to Economic Downturn?
(DBN)

FTC Asks D.C. Circuit to Apply 'Red Flags' Rule to Lawyers
(DBN)

Calif. High Court Won't Block Malicious Prosecution Suit Against Manatt
(DBN)

Chicago News Cooperative - Use of Private Process Servers Is Up - Concern Is, Too
(DBN)

Depressed People Make Better Lawyers
(DBN)

Look Out for Obnoxious Lawyers
(DBN)

Yeeeehaw! Naked Cowboy, Cowgirl in Federal Court Standoff
(DBN)

Why Public and Private Defense Lawyers Shouldn't Date Each Other
(DBN)

The Cautionary Tale of an E-Mail Scammer
(DBN)

More Strapped Litigants Skip Lawyers
(DBN)

Ever Wanted to Kickbox the Judge You Work For? You Can, In Texas
(DBN)

Bratz Dolls Breathe Again After Stunning Ninth Circuit Reversal
(DBN)

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Judges:

A Third Woman Will Change the Supreme Court, Columnist Says
(DBN)

TexJudge Digs T2 Law Clerks
(DBN)

5th Circuit Judge and Siblings Give $15 Million to Law School
(DBN)

Trial Set in Land-Swindle Case Involving Lawyers as Defendants, Judge as Alleged Conspirator
(DBN)

Middle-Class Dilemma: Can’t Afford Lawyers, Can’t Qualify for Legal Aid
(DBN)

Criticism of Federal Judge Hearing Lawsuits over Oil Spill Disaster
(DBN)

5th Circuit Refuses to Bar Judge From Deepwater Horizon Suits
(DBN)

'Hydra-Like' Complaint Against American Express Draws Judge's Scorn
(DBN)

Think city pays too much? Look how much judges get
(DBN)

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Wall Street:

Stock futures rise, point to higher opening
(DBN)

Markets Sharply Higher on Earnings
(DBN)

Obama's Words Sting Wall Street
(DBN)

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Layoffs:

Bernanke Calls Unemployment 'Most Important Problem'
(DBN)

Ominous New Joblessness Report
(DBN)

Credit checks may be keeping the jobless from getting hired
(DBN)

US House votes to restore jobless aid for millions
(DBN)

Scariest Unemployment Graph Ever
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Tax:

How Will The Expiring Bush Tax Cuts Affect You?
(DBN)

Our Hypocrisy On Tax Havens
(DBN)

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Transport:

UPS Tops Forecasts With a 90% Increase in Profit
(DBN)

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Banking:

Nexity Financial, Bank Holding Company, Files for Bankruptcy in Delaware
(DBN)

Is Bank of America Hiding an Insolvency Problem From The Public?
(DBN)

2010 Bank Failures Add Up To Nearly $17B FDIC Hit
(DBN)

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Gambling:

Siena casino in Reno seeks bankruptcy protection
(DBN)

NV gambling regulators consider Reno casino's fate
(DBN)

Gaming well is drying up
(DBN)

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Municipalities:

When Cities Go Bankrupt
(DBN)

Report says Bell officials are asked to resign
(DBN)

Critics Weigh In On Bell Salary Scandal
(DBN)

Calif. considers loan for troubled Modoc County
(DBN)

CA entities' cash vise tightening
(DBN)

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Paper:

Abitibi asks to delay creditor vote
(DBN)

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Biotech:

ConjuChem enters the biotech graveyard
(DBN)

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Hollywood:

Judge Warns Bergstein & Tutor: Start Cooperating!
(DBN)

SW studio plans unfazed by partner's financial problems
(DBN)

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Food/Drink:

Chapter 11 hearing may decide fate of Bashas'
(DBN)

5,200 restaurants closed in the U.S. this spring
(DBN)

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Accounting:

Dell Settles S.E.C. Accounting Suit for $100 Million
(DBN)

In Case You Thought Things Were Getting Too Serious…
(DBN)

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Rating Agencies:

SEC grants Bernanke wish: a break on ratings
(DBN)

Rating Agencies on Strike
(DBN)

Rating Firms Tell Clients Not To Use Their Ratings?
(DBN)

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Insurance:

Corporate Failures Contribute to P&C's D&O, E&O Woes
(DBN)

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Economy:

Index of U.S. Leading Economic Indicators Fell 0.2%
(DBN)

Fed: US Entering Deflation Trap
(DBN)

Bernanke links further Fed easing to jobs
(DBN)

Fed Would Act if Needed, Chairman Says
(DBN)

No Sales, No Jobs, No Recovery
(DBN)

The great divide
(DBN)

New Jobless Claims Highest since February
(DBN)

Bernanke Says Extending Bush Tax Cuts Would Maintain Stimulus
(DBN)

U.S. to Let Tax Cuts For Wealthy Expire
(DBN)

Pelosi: US tax cuts for affluent should go
(DBN)

'Tax Cuts' Split Dems
(DBN)

Sen. Gregg: Tax Increase ‘Likely’ to be Part of Deficit Recommendations
(DBN)

The Tax Tsunami On The Horizon
(DBN)

Bernanke Vs. Geithner As Fed Chief Backs Bush Tax Cuts
(DBN)

Bernanke: An 'Excellent Thesis' on Business Uncertainty
(DBN)

How Bad Is The Economy in the ‘Real’ New York?
(DBN)

Warren: An Update on the TARP Program
(DBN)

Bailout Reaches $3.7 Trillion
(DBN)

The Real Nightmare In U.S. Debt May Be Hidden In Entitlements
(DBN)

Americans Don't Think Economy Has Bottomed
(DBN)

20% of Americans Hit by Major Economic Loss
(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:

Purchases of US Existing Homes Fell in June
(DBN)

US mortgage rates slide to new lows
(DBN)

Home Prices are Improving in Ways that Trouble the Housing Market
(DBN)

Economists Take Gloomier Views of Housing Market
(DBN)

Can the American mortgage market survive without taxpayer support?
(DBN)

FINRA Fines Deutsche Bank $7.5mn for 'Negligent' Subprime Mortgage Bonds
(DBN)

Mortgage defaults hit 3-year low in California
(DBN)

Mortgage Securities and the Fed’s Dilemma
(DBN)

$30B mortgage mess
(DBN)

Maietta Construction of Scarborough files for bankruptcy protection
(DBN)

For Builder, Rentals Are ‘Cutting-Edge’ Solution
(DBN)

MIT study measures impact of foreclosures on surrounding homes
(DBN)

Bankruptcy Creates Many Problems in Mortgage Loss Mit
(DBN)

EpiCentre Property Owner Enters Bankruptcy Protection
(DBN)

Seven indicted in $35 million Chicago area mortgage fraud scheme
(DBN)

Court awards $700,000 to victim of foreclosure rescue scam
(DBN)

Ex-Lake Las Vegas Owners Sued
(DBN)

‘Stop Subsidizing Housing Industry with Tax Deductions’
(DBN)

Seller Financing Comes Back
(DBN)

FDIC to Sell Mortgage-Backed Securities (Really!)
(DBN)

House Details Countrywide VIP Mortgages Given to Fannie Execs
(DBN)

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Education:

Obama Cracks Down on For-Profit Colleges, Links U.S. Student Aid to Income
(DBN)

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Autos:

Gabelli Says GM `Back in the Game' With AmeriCredit
(DBN)

GM Deal Can't Buy Supporters
(DBN)

General Motors Soars in China
(DBN)

Firm Announces Investigation of Acquisition of AmeriCredit Corp. by General Motors Co.
(DBN)

GM Goes Subprime (Some Companies Just Never Learn)
(DBN)

General Motors Draws Washington Scrutiny Over Purchase of Subprime Lender
(DBN)

GM Plans to File for IPO During Week of August 16
(DBN)

Move to buy credit firm bolsters GM's credibility
(DBN)

Harry Reid: Auto Bailout Probably Saved Ford??
(DBN)

Geithner defends auto bailout, says losses could fall
(DBN)

Ford May Post $1.6B Profit on Higher Prices
(DBN)

Outsiders make their mark on Detroit
(DBN)

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Celebs:

Michael Vick is back in bankruptcy court over some embarrassing financial decisions
(DBN)

______________

Newspapers:

New York Times beats revenue, earnings estimates
(DBN)

Here's a Twist: At Canwest, Newspaper Revenue Grew While Digital Shrank
(DBN)

Brown newspapers may sell to new Brown-affiliated company
(DBN)

______________

AIG:

AIG: The First Real Test of Financial Reform?
(DBN)

Goldman Sachs Said to Give AIG-Hedging List to Investigators
(DBN)

The Government Will Not Resolve AIG
(DBN)

______________

Baseball:

Rangers find sympathetic judge in bankruptcy court
(DBN)

Reports: Rangers auction ordered for August 4; Cuban approved to bid
(DBN)

Attorney Confirms Cuban's Interest in Texas Rangers
(DBN)

Mark Cuban now a bad guy in Rangers' sale
(DBN)

Greenberg-Ryan's Loan To Buy Rangers Requires Ballpark Land Deal
(DBN)

Inside the Texas Rangers Bid Procedures Hearing
(DBN)

Have The Texas Rangers Become A Derivative?
(DBN)

Ryan Complains About Rangers Fiscal Beating
(DBN)

Judge tells Washington to keep focus on the field
(DBN)

______________

Hockey:

Predators reach terms to acquire Del Biaggio stake for $10 million discount
(DBN)

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Retailing:

Judge Approves New Bankruptcy Loan For General Growth
(DBN)

Judge: Appraisals for General Growth property
(DBN)

General Growth trying to settle Hughes claims
(DBN)

Circuit City, Creditors Reach Accord
(DBN)

______________

Shipping:

Shipper CMA CGM Said to Face July 26 Court Deadline to Find New Investors
(DBN)

______________

Personal Finance:

Recession Creates New Supercommuters
(DBN)

______________

Finance:

Mafia Money-Laundering Profits Swell in Credit Crisis
(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 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 Statistics:

Bankruptcy filings in CT up 20% over 2009
(DBN)

Bankruptcies jump 25% in RI, Mass.
(DBN)

O.C. bankruptcies up 40% January to July
(DBN)

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Bankruptcy Reform:

The Code and the new Financial Reform Act
(DBN)

______________

Corporate Reform:

Tim Geithner Really, Really Likes Elizabeth Warren
(DBN)

Warren: Perfect for a Job She Created
(DBN)

Secrets about Elizabeth Warren Revealed
(DBN)

Warren is clear choice to run new consumer agency
(DBN)

Ignore Carping: Let Elizabeth Warren Run Consumer Agency
(DBN)

Republicans urge hearing for new consumer watchdog
(DBN)

With Banking, Question Everything
(DBN)

As financial reform becomes law, SEC emerges with new powers and duties
(DBN)

Fin Reg Stretches SEC Way Too Thin
(DBN)

Hedge Funds, Private Equity Funds Face New Regulation
(DBN)

Despite Economic Debacle, Criminal Cases are Rare and Hard to Prove
(DBN)

______________

Health Care:

Considering Elizabeth Warren, the Scholar
(DBN)

Consumer group: Insurers kept surplus while hiking premiums
(DBN)

Hospital requests more time
(DBN)

______________

Politics:

Ben Bernanke the cranky oracle spells midterm doom for Democrats
(DBN)

______________

Credit Cards:

Credit card agreements unintelligible to 4 out of 5 adults
(DBN)

The Effects of the Credit Card Act
(DBN)

CARD Act To Cost Citi Up To $600 Million This Year, CFO Says
(DBN)

______________

Compensation:

The Pay Czar's Wall Street report card
(DBN)

Big Feinberg Announcement: 17 Banks Made "Ill-Advised" Payments To Execs
(DBN)

Banks Paid $1.6 Billion in Excessive Bonuses, U.S. Finds
(DBN)

______________

Oil/Gas:

BP Should Provide Details of $20 Billion Gulf Oil Spill Fund, Lawyers Say
(DBN)

What BP Could Have Bought With All the Money They Lost
(DBN)

BP Demands Anadarko, Mitsui Chip In for Gulf Spill Response
(DBN)

BP's Partners in Well Try to Distance Themselves
(DBN)

How BP's Spill Tarred Anadarko Petroleum
(DBN)

The Transocean Testimony You Didn't Hear
(DBN)

Mitsui Rises on Speculation Unit Won't Pay Spill Cost
(DBN)

Survey before rig exploded revealed safety worries
(DBN)

Storm Threat in Gulf Halts Most Work at Oil Spill Site
(DBN)

Tropical Storm Bonnie Accelerates as It Heads for Gulf, Florida
(DBN)

How the Weather Will Play in the Well Endgame
(DBN)

The Oil Industry Looks for a Better Cleanup System
(DBN)

Boats Get Sick Too, Shrimpers Tell BP
(DBN)

3rd doctored image about spill found on BP site
(DBN)

Feds Work to Put a Price Tag on Oil Spill Damage
(DBN)

BP Cleanup Workers Gone Wild
(DBN)

Obamas to vacation on Gulf Coast in mid-August
(DBN)

Pelosi: Backs Measure To Ban BP From Winning New Drilling Licenses
(DBN)

______________

Fraud:

Shouldn't schemes like this get more than a slap on the wrist?
(DBN)

Madoff trustee demands $3.6 million in damages in lawsuit
(DBN)

Oh Lord, it's Conrad Black again
(DBN)

SEC Inspector Probing Timing of Goldman Settlement
(DBN)

Could This Be a Real Deterrent?
(DBN)

Auction at firm in N.H. Ponzi case
(DBN)

Greenwich pillage
(DBN)

______________

UK:

UK economic growth: what the economists say
(DBN)

UK GDP up unexpectedly strong 1.1 pct in Q2
(DBN)

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EU:

Europe to go public with bank stress test results
(DBN)

Morgan Stanley Warns: The Euro Stress Tests Could Still Flop, And The Euro Is Headed Back To Its Lows
(DBN)

Success for Bank Stress Tests Hinges on Data, Not Failure Count
(DBN)

Europe Consumer Confidence Rises More Than Forecast
(DBN)

Markets nervous ahead of bank stress test results
(DBN)

Euro Climbs as German Sentiment Outweighs Stress-Test Concern
(DBN)

______________

Canada:

Canada’s economy slowing sharply, central bank says
(DBN)

How Europe debt crisis will affect Canada’s economy
(DBN)

______________

Middle East:

Dubai World document reveals price of failure
(DBN)

______________

Hungary:

Hungary signals IMF deal over; EU goal in question
(DBN)

Moody's puts Hungary on notice for rating cut
(DBN)

______________

Italy:

Fiat Factory Is Test Case for Italian Workers and Economy
(DBN)

______________

India:

S&P expects 25% restructured loans to slip into NPLs
(DBN)

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Ireland:

Dramatic rise in debt and insolvency cases
(DBN)

Bank of Ireland, Allied Irish Said to Pass EU’s Tests
(DBN)

Once again, the Irish are leaving home
(DBN)

______________

Australia:

ASIC investigates Ponzi-style scheme
(DBN)

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