July 29, 2010

The Daily Bankruptcy News

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Law:

Weil Gotshal Tops Vault List of Bankruptcy Firms
(DBN)

Covington & Burling: Salaries Thawed in D.C.
(DBN)

Baker Botts Establishes Three Associate Levels, Abandons Lock-Step, But Keeps $160K Entry-Level Base Pay
(DBN)

Small Law Firm’s Big Back Office Delayed News of Less Work, Securities Suit Contends
(DBN)

Foley Bulks Up On Ambac Restructuring Bills
(DBN)

RBS may write off £15m as sell-off of Halliwells business generates £7m
(DBN)

Bonus packages drop sharply for top US GCs but salaries are on the rise
(DBN)

Blago's Lawyer Thanks Him For "All Kids" Program
(DBN)

Defense Lawyer Tells Jurors Blagojevich Is ‘Not the Sharpest Knife in the Drawer’
(DBN)

Richards Layton & Finger promotes bankruptcy lawyer
(DBN)

In the Black and Blue
(DBN)

Drawn swords and driving sheep
(DBN)

Attorney Charged With Failure To Repay Student Loans
(DBN)

Don't Mess With Texas
(DBN)

BigLaw Firm Settles Fee Fight With NY Madoff Victim
(DBN)

Legal Outsourcing Companies in India Now Correcting Grammar of Am Law 100 Firms
(DBN)

Conference Calls: A Great Time to Surf the Web
(DBN)

MegaFirm Malpractice Mess Migrates to New Manhattan Millieu
(DBN)

Non-Client Can't Attack Joint Representation, Court Rules
(DBN)

Sonnenschein Settles Fee Dispute With Ex-Client Who Lost Money With Madoff
(DBN)

New Managing Partner for Locke Lord's Chicago Office
(DBN)

Sexual Harassment Trial Pits Paralegal Against Calif. Lawyer
(DBN)

NY Lawyer's Bad Acts Triggered by Post-9/11 Trauma, Judges Find, Reducing Suspension
(DBN)

Attorney Who Stole $346K to Set Sons Up in Law Practice Gets 1 Year in Jail
(DBN)

Tums, Anyone? What About a Massage? Law Schools Vie to Offer Best Perks at Ohio Bar Exam
(DBN)

Homeowners Ass’n Loses Parking Case, Must Pay Owner’s $187K Legal Bill
(DBN)

Law Firm Can't Use Certain Phrases, Sounds and Visuals in Ads for Now
(DBN)

Lawyer Says Stamp Theft Led to Probe of Secretaries Now Charged with Stealing $94K
(DBN)

'Pants on the Ground' May Be Foolish, but It's not Illegal
(DBN)

Is Northwestern Law School Clever or What?
(DBN)

Lawyer of the Day: Hero Professor Saves Plane Crash Survivor
(DBN)

Paul Pearson not Afraid to Go Crazy on 'Wipeooooooooouuuut!!!!!'
(DBN)

$17M for Legal Fees Is Money Well Spent, RIAA Says
(DBN)

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Judges:

Impeachment: Lawyers Get Immunity to Testify Against Judge
(DBN)

Bankruptcy judge's name forged
(DBN)

7th Circuit Removes Chief District Judge in Mid-Trial After Evidence Dispute With US Attorney
(DBN)

Pa. Supreme Court Justice Consulted ‘Angel Lady’ Psychic, Search Warrant Says
(DBN)

Obama Pushes Confirmation of Judges
(DBN)

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Wall Street:

Stock futures rise on strong global earnings
(DBN)

Stocks fall after Fed confirms uneven economic growth
(DBN)

Beige Book Knocks Stocks Back A Few Yards
(DBN)

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Layoffs:

Unemployment rises in 75 pct of metro areas
(DBN)

Recession Widens White/Black Jobs Gap
(DBN)

New York Economy Needs Office Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Bankruptcy Crimes:

Pastor charged with bank and bankruptcy fraud
(DBN)

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Corporate Reform:

Elizabeth Warren's experience
(DBN)

SEC Says New Financial Regulation Law Exempts it From Public Disclosure
(DBN)

The Derivatives Legislation: Is the World Now Safer?
(DBN)

Former CEO Found Guilty of Conspiracy to Obstruct Justice
(DBN)

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Video Games:

Playlogic Isn't OK, Files for Bankruptcy
(DBN)

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Economy:

Beige Book: Two Districts See Slowing
(DBN)

Fed's Williams sees bump, not swerve, in recovery
(DBN)

Durable Goods Orders Fall 1% in June
(DBN)

Treasuries Rise as Beige Book Shows Growth Slowed in Some Areas
(DBN)

Words, Not Deeds, Are Central Bank's Main Power
(DBN)

Survey: Bleaker Economic Outlook into 2011
(DBN)

Gen Y: No Job, Lots of Debt, Grim Future
(DBN)

Consumers, Wall St. Disagree on Economy
(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:

Foreclosures Climb in 75% of Metro Areas
(DBN)

Mortgage Applications Fall 4.4%
(DBN)

Fed Calls Real Estate Activity "Sluggish"
(DBN)

General Growth to Auction 60 Acres in Summerlin NV
(DBN)

Phoenix Home Sales Up 11% in June While Home Prices Remain Level
(DBN)

The Predatory Nature of Home Loan Modifications
(DBN)

Fannie Mae, Freddie Mac Still Too Big to Nail
(DBN)

Judge's approval allows THP to resume construction and sales
(DBN)

Loan modification company paying $75K
(DBN)

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Oil/Gas:

Gulf of Mexico's Deepwater Oil Industry Is Built on Pillars of Salt
(DBN)

Incoming BP CEO says worst may be over
(DBN)

Criminal probe of oil spill to focus on 3 firms and their ties to regulators
(DBN)

Federal official to outline what lies ahead after oil spill is sealed
(DBN)

The BP Spill: Has the Damage Been Exaggerated?
(DBN)

Gulf Coast Residents File Personal Injury Suit Over Oil Dispersant
(DBN)

Did Fire Crew Sink BP's Rig?
(DBN)

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Newspapers:

Examiner Slams Tribune Valuation Firm
(DBN)

Insiders seek to buy assets of parent of Boulder, Fort Collins business newspapers
(DBN)

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Municipalities:

Schwarzenegger Declares State of Emergency
(DBN)

Maywood and Bell: California's cautionary tales
(DBN)

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Aviation:

Bankruptcy hurts Turkish Cyprus tourism
(DBN)

Travelers stuck in Iraq, Lebanon after bankruptcy
(DBN)

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Distressed Investing:

Investor Recoveries on Defaulted Debt Near Normal, Despite Recession
(DBN)

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Autos:

Most secured lenders OK reorganization at Visteon
(DBN)

Chrysler wins 73 of its dealer arbitration cases, loses 32
(DBN)

Daimler sees creditor suit tossed
(DBN)

Auto suppliers suing Bing claim he's ducking servers
(DBN)

GM: We Have to Prove Recovery
(DBN)

Hyundai Hits Record Profits on US, China
(DBN)

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Banking:

Why WaMu Bond Prices Reveal a Greater Truth
(DBN)

Bank of America, Santander Sell Debt as Investors in Europe Favor Lenders
(DBN)

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Hockey:

Coyotes ownership saga faces watershed moment
(DBN)

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Fraud:

Lawsuit: Rothstein bullied Gibraltar
(DBN)

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Gambling:

Bankrupt Station Casinos Says Creditors Have Ended Reorganization Fight
(DBN)

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Television:

Gems TV Files Liquidating Plan in DirectTV Settlement
(DBN)

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Litigation:

How Resort to US Courts—with US Discovery—Can Backfire on a US Party to an International Arbitration
(DBN)

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Rail:

Wabtec Climbs Aboard the G&B Train
(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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Bankruptcy Statistics:

Milwaukee: Bankruptcy filings up 16% at midyear
(DBN)

Utah bankruptcies soar 31 percent in the first half of 2010
(DBN)

Bankruptcy On The Rise In Wisconsin
(DBN)

Bankruptcies forecast end of recession
(DBN)

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Bankruptcy Reform:

House Passes Bill to Keep Creditors From Taking Guns
(DBN)

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Consultants:

Lazard's Case for a Restructuring Rebound
(DBN)

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Avoidance Actions:

Rothstein bankruptcy attorneys: State Republicans owe $237000
(DBN)

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Miscellaneous:

Tribune, WaMu Bankruptcies Reaching the End
(DBN)

American Safety Razor, Lehman, Innkeepers, AbitibiBowater: Bankruptcy
(DBN)

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Corporate Governance:

Chancery Addresses Fiduciary Claims by Bankruptcy Trustee; Claim Survives Against Financial Advisor for Aiding and Abetting Fiduciary Duty Breach
(DBN)

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Insurance:

N.J. Fee-Shifting Rule Held Applicable to Out-of-State Coverage Disputes
(DBN)

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Health Care:

American Safety Razor Files for Bankruptcy With Plan for Sale to Lenders
(DBN)

Bankruptcy judge approves auction for Medical Staffing Network
(DBN)

County gets $15 million to drop Sumner Regional objections
(DBN)

Birth Pangs As Hospital Closings Prompt New Model For Health Care Delivery
(DBN)

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Sports:

How the sports business has coped during the recession
(DBN)

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Baseball:

Alex Rodriguez Objects to Rangers Bankruptcy Plan
(DBN)

The Texas Rangers Thrive while Owner Tom Hicks' Sports Empire Crumbles
(DBN)

Please, Let Mark Cuban Buy The Rangers, For The Astros' Sake
(DBN)

Attorney: Mark Cuban hasn't set timetable on Texas Rangers ' decision
(DBN)

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Hotels:

Hamptons Hotels Go on the Block
(DBN)

Lehman to sell 50 pct in reorganized Innkeepers for $108 mn
(DBN)

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Finance:

Structuring Loans After The GGP Decision
(DBN)

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Awards:

Torkin Named a Winner of The M&A Advisor's 40 Under 40
(DBN)

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Credit Counseling:

'Debt relief' firms can cost more, ruin credit
(DBN)

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UK:

Bank of England: Stimulus Still Needed
(DBN)

Son of banker Julian Hodge declared bankrupt
(DBN)

Cricket counties facing bankruptcy
(DBN)

Duchess of York Sarah Ferguson 'owes fitness trainer £65000'
(DBN)

UK: Plan to Axe Fixed Retirement Age
(DBN)

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Canada:

Judge approves Canwest TV sale
(DBN)

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Italy:

Italy's Mariella Burani founders arrested
(DBN)

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Portugal:

Portuguese bank returning money
(DBN)

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