July 26, 2010

The Daily Bankruptcy News

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Law:

NALP: Law Graduate Salaries Steady. . . But There Are Caveats
(DBN)

25% of 2009 Grads in Temp Jobs; Few Actually Earn $72K Pay Median, NALP Says
(DBN)

NALP Stats: Connect the dots, only about half of JDs have traditional jobs
(DBN)

Which Firms Aren't Having 2011 Summer Associate Programs?
(DBN)

Where Have All the Big Law Mentors Gone?
(DBN)

Last Week in Biglaw
(DBN)

Iowa senator to Treasury: Explain trial lawyer tax break
(DBN)

Sidley Launches New Diversity Mentor Program for Non-Sidley Lawyers
(DBN)

Nationwide Salary Thaw: Hogan Lovells Loves Its Associates
(DBN)

Generation War: Y vs. Geezers
(DBN)

IPOs Stay Hot for Am Law Firms, With Better Times on Horizon
(DBN)

BigLaw Associate in Political Race Pressured to Quit Firm Over BP Ties
(DBN)

Retired NFL Players Sue Manatt, McKool Over Multimillion-Dollar Legal Win
(DBN)

Bartlit Beck Hired by Oil Spill Commission
(DBN)

Syracuse bankruptcy lawyer Christopher Chadick never filed clients' paperwork
(DBN)

In Antitrust Blitz, FTC Targets Consummated Mergers
(DBN)

Prominent Kansas Lawyer Charged in Child Pornography Case
(DBN)

Overloaded with Work, a Public Defender Closes Office Doors to New Clients
(DBN)

Cubs Tickets (Yes, Cubs Tickets) At Heart of Father-Son Suit
(DBN)

"The Korean" - Associate at NY Law Firm
(DBN)

Third Circuit Affirms Dismissal of Female Partner’s Discrimination Case
(DBN)

Steptoe & Johnson Seeks Injunction to Stop Hamburger Fumes
(DBN)

Lawyer Loses $240K in Internet Scam
(DBN)

Lawyer’s Multiple Disability Claims Irk Targeted Businesses in Calif. City
(DBN)

After Bar Complaint, Lawyer Caught on Camera Burglarizing Client’s Home
(DBN)

Potential Lawsuit / Bar Exam Review Question of the Day: Laurence Tribe v. Safeway?
(DBN)

On Schumpeter & BigLaw
(DBN)

Former Court-Appointed Receiver Gets 10-Year Sentence
(DBN)

William Lerach Was More ‘Nettlesome Pest’ than Shark, Reviewer Asserts
(DBN)

The 25 Greatest Fictional Lawyers
(DBN)

Hollywood Reporter Names its ‘100 Power Lawyers’
(DBN)

Another Legal Eagle on the Upcoming ‘Laid-off’ Edition of ‘The Apprentice’
(DBN)

California Plagued With 'Frooty' Lawsuits
(DBN)

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Judges:

Court Under Roberts Is Most Conservative in Decades
(DBN)

Women Justices Are Most Often First to Pose Questions
(DBN)

When a Justice and a Case Are Too Close
(DBN)

New Names Emerge for 9th Circuit Seats
(DBN)

Judge Kramer Likes Whiskey, Jokes
(DBN)

Ten justices with hobbies
(DBN)

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Wall Street:

Stocks set for weak open
(DBN)

How the major stock indexes fared on Friday
(DBN)

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Layoffs:

White House Expects Unemployment Above 9% Until 2012
(DBN)

Industries Find Surging Profits in Deeper Cuts
(DBN)

Geithner Says U.S. Employers `Very Cautious,' Job Growth Not Fast Enough
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

If Obama Doesn't Nominate Elizabeth Warren, He's Going To Infuriate His Base
(DBN)

Warren’s Candidacy Raises a Partisan Debate
(DBN)

Al Franken Endorses Elizabeth Warren For Consumer Protection Bureau
(DBN)

Elizabeth Warren Lacks Experience? Says Who?
(DBN)

Obama Signs Bill: Banks Hold US Hostage Again
(DBN)

Seeing vs. Doing
(DBN)

Pay Czar Impotent When Faced With Bank's Big Bonuses
(DBN)

FCIC Said to Aim at Goldman Derivatives Profit
(DBN)

Financial Reform: Thanks for Nothing
(DBN)

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Credit Reporting:

Credit Score Is the Tyrant in Lending
(DBN)

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Hollywood:

Albuquerque Studios Parent Sues Junior Lenders
(DBN)

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AIG:

Why Did AIG’s Joseph Cassano Evade Charges? Click Here
(DBN)

Documents detail $4.3B in Goldman Sachs payouts
(DBN)

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Tax:

Battle Looms in Washington Over Expiring Tax Cuts
(DBN)

Bush era tax cuts threaten to split Senate Democrats
(DBN)

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Newspapers:

Confidentiality Dispute in Tribune Bankruptcy
(DBN)

Brown Publishing bankruptcy decision postponed by judge
(DBN)

Hearing on Insiders Bid for Brown Publishing to Resume Thursday
(DBN)

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Celebs:

Vick May Have Violated Bankruptcy Laws
(DBN)

Former Grand Valley State and Lions receiver David Kircus files for bankruptcy
(DBN)

'Real Housewives' Teresa Giudice's bankruptcy garage sale: Will Danielle Staub snag the pool table?
(DBN)

Six Reasons Why Teresa Giudice’s Bankruptcy Situation Is Appalling
(DBN)

Pamela Anderson: I’d Live In My Trailer Forever
(DBN)

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Gambling:

More Siena bankruptcy details come to light
(DBN)

Economic reality hits Las Vegas casino industry
(DBN)

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Theme Parks:

Ky. fair board, amusement park company reach deal
(DBN)

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Economy:

Budget Deficit To Reach Record $1.47 Trillion
(DBN)

Geithner: Private Investment Needed
(DBN)

Treasury's Geithner says ending tax cuts for wealthy won't harm economy
(DBN)

US' Geithner rejects fears of double dip recession
(DBN)

As recovery slows to crawl, US faces new fear: stagnation
(DBN)

Top 5% of Americans represent the US.
(DBN)

Citi Survey: Most Americans Don't See Economic Recovery Any Time Soon
(DBN)

Deficits Could be Next Black Swan
(DBN)

2,000 show up at Tulsa food pantry; only 375 boxes of food
(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:

Government Mortgage Mods: Failure, or Just Flawed?
(DBN)

Ranieri: Mortgage Securities Didn't Cause Housing Crash
(DBN)

Many Bay Area homeowners in real estate limbo
(DBN)

San Pedro's Vue complex is in receivership
(DBN)

Auctions buoy condo sales
(DBN)

Ex-workers suing Mortgage Specialists
(DBN)

Cuccinelli sues mortgage modifiers
(DBN)

More CMBS Defaults Coming this Fall as Special Servicers Try to Keep Up
(DBN)

Freddie's Mortgage Purchase and Issuance Reaches $179bn in H110
(DBN)

Fed Off to Slow Start Unwinding Billions in Mortgage Assets
(DBN)

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Miscellaneous:

EnviroSolutions, Abitibi, Pacifica Studios, Dreier, Almatis: Bankruptcy
(DBN)

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Banking:

Bank failure tally passes 100 for year
(DBN)

Risk to ruin
(DBN)

Feds invoke obscure regulation to collect investors' loan debt
(DBN)

FDIC has invoked D'Oench, Duhne since 1930s
(DBN)

New York State Demands Billions From BofA and Merrill Lynch
(DBN)

FDIC Offers $409m in RMBS from Failed Banks
(DBN)

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Litigation:

Piloting E-Discovery Rules in the 7th Circuit
(DBN)

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Insurance:

D&O Coverage for Investigations
(DBN)

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Autos:

G.M.'s Free Ride on the Government's Dime
(DBN)

Ford's 2Q profit a shot in the arm
(DBN)

Government could recoup most of auto bailout funds
(DBN)

Ford may face legal fight over pensions promises
(DBN)

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Rating Agencies:

U.S. ABS standoff exposes rating contradictions
(DBN)

China Calls Our Bluff: "The US is Insolvent and Faces Bankruptcy as a Pure Debtor Nation but Rating Agencies Still Give it High Rankings"
(DBN)

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Baseball:

Judge Orders Rangers Manager to Win World Series
(DBN)

Rangers ' moves and play are on the money, even if bottom line isn't
(DBN)

Greenberg-Ryan group might have blown its chance to buy the Texas Rangers
(DBN)

Chicago Cubs season tickets: Northbrook man sues son for $128,000, plus damages
(DBN)

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Fraud:

‘A Bad Way to Run a Railroad’: Dell Pays Big to Settle Fraud Charges
(DBN)

Miami accountant Lewis Freeman gets 8 years for fraud
(DBN)

Hedge Fund Owner in Rothstein Case Agrees to Surrender Bulk of Assets
(DBN)

SEC Gives $1 Million Reward for Information in Pequot Insider Trading Case
(DBN)

Madoff Trustee Plans More Lawsuits
(DBN)

Madoff suits to target victims
(DBN)

What has happened to Conrad Black's media empire?
(DBN)

Chancery Provides "Teachable Moment" for M & A Lawyers: Find Problems of Bidder in Due Diligence or Put Specific Reps in APA; Otherwise No Fraud Claim
(DBN)

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Education:

A boom in for-profit colleges may be a bust for taxpayers and students
(DBN)

Proposed federal rules target for-profit colleges
(DBN)

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Telecoms:

Global Capacity Group files for bankruptcy
(DBN)

Nortel Dives While Genband Thrives
(DBN)

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Horses:

World Famous Lipizzaner Stallions show files for bankruptcy
(DBN)

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Municipalities:

Rushed Effort To Prevent California County Bankruptcy
(DBN)

Struggling Calif. county hopeful about state loan
(DBN)

Other municipalities take advantage of DCED financial guidance
(DBN)

LA suburb residents march over high city salaries
(DBN)

N. Texas City Fires All but 2 Policemen
(DBN)

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Bankruptcy Crimes:

Mississippi Woman Pleads Guilty to Wire Fraud, Bankruptcy Fraud, and Perjury
(DBN)

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Hotels:

Hotel Monaco developer files for Chapter 11 bankruptcy protection
(DBN)

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Derivatives:

Goldman's Derivative Business May Be Combed
(DBN)

AIG Failure Would Have Cost Goldman
(DBN)

Goldman Sachs Relied on Citigroup, Lehman to Protect Against AIG Failure
(DBN)

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Awards:

Ferry, Joseph & Pearce, P.A. Partner Elected President of the National Association of Chapter 13 Trustees
(DBN)

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IP:

Movie Gallery Selects Streambank to Market Intangible Assets
(DBN)

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New Bankruptcy Opinions
(2 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:

Sacramento: Small businesses struggle; local bankruptcy filings jump
(DBN)

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Bankruptcy Stocks:

Barron's Best Bets For Post- Bankruptcy Stocks
(DBN)

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Distressed Investing:

Disenfranchising Strategic Investors In Chapter 11: "Loan to Own" Acquisition Strategy May Result In Vote Designation
(DBN)

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Oil/Gas:

Rig alarms were switched off 'to help workers sleep'
(DBN)

Plaintiffs Attorneys Knock BP Fund Administrator
(DBN)

Feinberg: BP Stalling Payments to Victims
(DBN)

AG King prepping suit against BP
(DBN)

As BP Lays Out Future, It Will Not Include Tony Hayward
(DBN)

BP's Dudley Set to Succeed Hayward
(DBN)

BP CEO to Walk Away With $18 Million?
(DBN)

BP board to rule on fate of CEO Hayward Monday
(DBN)

Bob Dudley: Profile of the new BP chief executive
(DBN)

BP CEO Leaving Behind Daunting Tasks
(DBN)

BP Litigation: From the Bayou to . . . Boise?
(DBN)

Drill Rig Heads Back to Gulf Leak Site
(DBN)

Tension Among Officials Grows as Storm Nears
(DBN)

For Oyster Clan, Just Another Disaster in a Series
(DBN)

BP's disastrous, but profitable, quarter
(DBN)

BP Sets New Standards: State of Play, From Litigation to Legislation
(DBN)

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Compensation:

Banks need power to rewrite pay package in crisis: pay czar
(DBN)

Wall Street Pay: Where's the Reform?
(DBN)

Pay czar didn't try to recoup 'ill-advised' pay
(DBN)

Were 80% of Bailout Firm Bonuses Unmerited?
(DBN)

Has the Wall Street Pay Czar Paid Off?
(DBN)

Ken a paper tiger
(DBN)

Ken Feinberg's Lame Report on Wall Street Pay Shows We're Back to Square One
(DBN)

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Personal Finance:

With payday loans, poor get the loans, firms get the payday
(DBN)

Life's a Beach for Some Homeless in Hawaii
(DBN)

Americans Managing Debt Better
(DBN)

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Food/Drink:

Bashas' details its plans to get out of bankruptcy
(DBN)

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Manufacturing:

GSI Group Emerges from Chapter 11 Reorganization
(DBN)

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Health Care:

One Way to Lower a Doctor's Bill
(DBN)

Correlogic filed for Chapter 11 to shed contracts
(DBN)

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Lehman:

Lehman Legal Fees Approaching $400 Million
(DBN)

Lehman Brothers estate may file claim against Intel
(DBN)

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Credit Reporting:

Credit rescoring can help you qualify for a mortgage
(DBN)

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Credit Counseling:

Should distressed Americans be required to undergo bankruptcy counseling?
(DBN)

Too good to be true
(DBN)

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Finance:

New LA receivables law helps state tap growing market
(DBN)

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Environmental:

Delaware Drinking Water at Risk: Taxpayers stuck with $100 million mess
(DBN)

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Sovereigns:

“Some Investor Guy” On Sovereign Debt
(DBN)

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UK:

U.K. Economic Growth Forecast Cut on Budget Curbs, Ernst & Young Will Say
(DBN)

Fawlty Towers town tops Britain's bankruptcy chart
(DBN)

Debt is a feminist issue: Huge leap in bankruptcy among women
(DBN)

Scottish insolvencies see fall on last year
(DBN)

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EU:

Doubts Persist as Most Europe Banks Pass Stress Tests
(DBN)

Euro unworried by growing stress test scepticism
(DBN)

Despite Flaws, Stress Tests May Satisfy Markets
(DBN)

Here Are The 7 Banks That Failed The Stress Test
(DBN)

Banking Stocks Rise in Europe After Stress Tests
(DBN)

European Banking Stress Test Features Mild 'Adverse Scenario'
(DBN)

Germany Weighs New Tax on Obese
(DBN)

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Canada:

Bankruptcy pushes man's tax refund to the bottom of the pile
(DBN)

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Malaysia:

Amended Bankruptcy Act May Give Second Chance For Genuine Entrepreneurs Declared Bankrupt
(DBN)

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Ireland:

Corporate makeovers can save or sink firms in trouble
(DBN)

FitzPatrick at High Court over bankruptcy
(DBN)

Irish test limits of austerity
(DBN)

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China:

There Are Now 40% More Chinese Property Loans Than Just One Year Ago
(DBN)

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