July 6, 2010

The Daily Bankruptcy News

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Law:

Alec Ostrow Joins Becker Glynn
(DBN)

The Man Who Carries LeBron’s Legal Bags
(DBN)

Lawyering Suits Pile Up at High Court
(DBN)

Legal Sector Lost 3,900 Jobs in June
(DBN)

2010 Mid-Year Lateral Report
(DBN)

Layoff Watch: A Dozen Down at the Bronx DA’s Office
(DBN)

A ‘Genius’ Use of Deferral Time
(DBN)

Shearman & Sterling Belatedly Sets Start Dates for Deferred Class of 2009
(DBN)

New York Firm Announces Mid-Year Associate Bonuses
(DBN)

Changes in firm economics may last
(DBN)

Linklaters posts falling revenue and partner profits for 2009-10
(DBN)

Linklaters Revenue Falls 8.8% on Merger Advisory Work Decline
(DBN)

Osborne Clarke boosts profits by 12% as revenues remain flat
(DBN)

Pls Hndle Thx: Too Good for $10?
(DBN)

Mintz Levin Changes ‘Troubled’ Associate Review Process, Requires Essay Answers
(DBN)

Prosecutors Versus Bankruptcy Lawyers Part II: Rothstein
(DBN)

Man Charged in Package Scam that Snagged About 30 NY Law Firms
(DBN)

Van der Sloot Sues First Attorney
(DBN)

Firm to Go on Trial for Allegedly Aiding in Child's Abduction
(DBN)

Ex-Partner's Suit Against Zombie Firm Not Dead Yet
(DBN)

In-House Departments, Law Firms Rely More on Project Attorneys
(DBN)

Troutman, 2 Partners Hit With Second Investor Suit
(DBN)

White House Legal Staff Salaries Feel the Chill of Pay Freeze
(DBN)

Thanks to Latham, California Fireworks Show Will Go On
(DBN)

Suit Over Lawyers Running Private Firm Out of State Ethics Office Filed
(DBN)

Help Wanted: Deepwater Legal Quarterback
(DBN)

MoFo2Go iPhone App: 700-Plus Downloads and Counting
(DBN)

Expert Witness On . . .Male Virginity
(DBN)

Argue the Facts NOT the Shoes!
(DBN)

Grade Inflation...with Benefits
(DBN)

An Update on the Temple Law Shooter
(DBN)

Duke Law Waitlist Proves There’s No End in Sight To Lawyer Oversupply Problem
(DBN)

Rothstein Partner Mostly Mum on Ponzi Scheme
(DBN)

Rosenfeldt asked about parties
(DBN)

______________

Judges:

Obama and Justice Roberts on collision course
(DBN)

On the Confirmation Process: Can’t We All Just Get Along?
(DBN)

Leahy Sets Kagan Vote for July 13
(DBN)

How Republicans inadvertently made the case for confirming Elena Kagan
(DBN)

The Supreme Court is Not What You Think it is
(DBN)

SCOTUS Litigators Change Tactics as Court Issues More Summary Rulings
(DBN)

Justice’s Son Defends His Dad, Decries ‘Harsh Innuendo’ in Kagan Hearings
(DBN)

NRA Officially Opposes Kagan Nomination, But Will it Matter?
(DBN)

Judge Resigns Over Bad Check Charge
(DBN)

Judge Feldman Owned Exxon Stock: Groups Want Him Off The Moratorium Case
(DBN)

Wisconsin Supreme Court Devolves Into Anarchy
(DBN)

______________

Wall Street:

European Shares Slip as U.S. Takes Day Off
(DBN)

US Stocks Drop as Dow Posts Longest Losing Streak Since 2008
(DBN)

Dow Repeats Great Depression Pattern
(DBN)

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Layoffs:

Dems refuse compromise to extend unemployment benefits
(DBN)

June Job Losses at 125,000 But Jobless Rate Falls to 9.5%
(DBN)

Broader Unemployment Rate Drops to 16.5%
(DBN)

The Amazing Shrinking Unemployment Rate
(DBN)

A Better Way to Measure Jobs
(DBN)

Why Did the Unemployment Rate Drop?
(DBN)

Rate dips as 652,000 give up search
(DBN)

7.9 million jobs lost, many forever
(DBN)

Teachers Face New Financial Pains
(DBN)

Obama: 'The great jobs killer'
(DBN)

The Cynical Populism Of Opposing Unemployment Benefits And Bailouts
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

New York Harlem's North General Hospital Files for Bankruptcy Protection
(DBN)

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Baseball:

Texas Rangers' bankruptcy won't hurt Surprise, officials say
(DBN)

Texas Rangers bankruptcy presents turnaround pro William Snyder with new challenge
(DBN)

Rangers hearing date changes ... again
(DBN)

Auction likely fastest way for Greenberg-Nolan to take over Rangers
(DBN)

Rangers propose auction of ballclub on July 16
(DBN)

Potential Rangers buyer waives right
(DBN)

Greenberg: Further Rangers bids welcome
(DBN)

Greenberg/Ryan Group Say Full Amount for Texas Rangers Purchase in Escrow
(DBN)

______________

Fraud:

Former Rothstein law partner takes Fifth hundreds of times
(DBN)

Stanford Office Sells for $12.5 Million With Only One Bidder
(DBN)

California asks bankruptcy court for OK to sue Villalobos
(DBN)

______________

Apparel:

London firm brings Hartmarx back from brink
(DBN)

______________

Bankruptcy Alternatives:

Chapter 128 filings on the rise in Wisconsin
(DBN)

______________

Textiles:

US textile mills are rising from the dead
(DBN)

______________

Aerospace:

NASA Chief: Next Frontier Better Relations With Muslim World???
(DBN)

______________

 

 

 

Economy:

The Great Rupture
(DBN)

Recovery Slows With Weak Job Creation in June
(DBN)

Private Payroll Growth Trails Forecasts
(DBN)

Goldman Warns on World Wide Slowdown
(DBN)

House Democrats ‘Deem’ Faux $1.1 Trillion Budget ‘as Passed’
(DBN)

June Jobs Data Give Fed No New Reason to Raise Rates
(DBN)

Reduced Stimulus Equals Slower Growth
(DBN)

The Recovery Is Losing Steam
(DBN)

Evans-Pritchard: It's Really Starting to Feel Like 1932
(DBN)

Corporate America Sits on Huge Cash Hoard
(DBN)

Goldman ‘Built the Bomb’
(DBN)

Bill Gross: You Don't Get The New Normal - Think 3% stock returns
(DBN)

Deloitte: CFOs Optimistic on Revenue and Earnings, But Not On Job Growth
(DBN)

Weak Data Push Down Growth Forecasts
(DBN)

Economists React: Is Economy Deer in Headlights or Roadkill?
(DBN)

Chinese Premier Says Global Crisis More Serious Than Expected
(DBN)

U.S. Beats Europe in Doom and Gloom
(DBN)

Personal Savings Rate: Worst Than Thought
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Mortgage Rates Drop to Record Lows
(DBN)

US Housing Remains Fragile
(DBN)

U.S. resale prices not expected to hold
(DBN)

Office Vacancy Rate Keeps Climbing
(DBN)

Homeowners' Hero Judge Slaps Us Bank
(DBN)

Brokers Mobilize Against Proposed Mortgage Rules
(DBN)

Could Walk Away Stimulus Be Waning?
(DBN)

Carinalli investors torn over bonus
(DBN)

Obama Signs Extension of Homebuyer Credit
(DBN)

Looming vacancies breeding aggressive owners
(DBN)

Loan Giants Opt to Block Energy Programs
(DBN)

Treasury Launches New Mortgage Help for Unemployed in July
(DBN)

16 former employees sue Opus West
(DBN)

West Edge developer calls JE Dunn Construction's lien invalid
(DBN)

With $11M owed, developer seeks protection
(DBN)

Ocean Bank wins $17.5M judgment against developer Meruelo
(DBN)

Woodside Homes sheds bankruptcy
(DBN)

No-Doc Mortgages Are Back?!
(DBN)

_____________

Oil/Gas:

Oil spill claims arriving faster than BP can pay them
(DBN)

Storm off Louisiana packing tropical force winds
(DBN)

Obama Decried, Then Used, Some Bush Drilling Policies
(DBN)

BP Launches Search for New Investors
(DBN)

BP Piles Up Cash in Show of Strength
(DBN)

BP Says Oil Spill Response Costs $3.12B
(DBN)

BP Wants Partners to Help Shoulder Spill Cost
(DBN)

BP Could Get Backing from Mideast Firm
(DBN)

Why Is the Gulf Cleanup So Slow?
(DBN)

BP Says It May Have First Relief Well by End of July
(DBN)

BP clean-up leaves US vulnerable to another spill
(DBN)

BP Rejecting Skimmers to Save Money on Spill?
(DBN)

Gulf spill hasn't scared off Lloyd's of London
(DBN)

Feds taking the holiday weekend off?
(DBN)

BP shakeup seen after crisis ends
(DBN)

Oil found in crabs raises new food chain fears
(DBN)

Where BP's Money Is Landing
(DBN)

Vacancies plague Gulf Shores on July 4th weekend
(DBN)

Oil outrage on Pensacola Beach
(DBN)

Oil Found in Gulf Beach Sand, Even After Cleanups
(DBN)

Agency Agreed That Spill Risk to Wildlife Was ‘Low’
(DBN)

Tests on Gulf oil "superskimmer" inconclusive
(DBN)

After Gulf swimmers report illness, questions about opening a beach
(DBN)

Oil spill likely to reach Florida Keys, Miami
(DBN)

Deal struck to save turtles from Gulf oil burns
(DBN)

Big Oil Fights Tax, but Reaps Bills in Subsidies
(DBN)

Calls to Update Maritime Laws
(DBN)

BP's Safety Problem Began Long Ago
(DBN)

Crude oil futures compound losses
(DBN)

Tar balls reach Texas as stormy weather hampers cleanup
(DBN)

A wounded Gulf of Mexico, an elusive prognosis
(DBN)

_____________

Corporate Reform:

Consumer Chief to Set Agency's Path
(DBN)

Hearings That Aren't Just Theater
(DBN)

Crisis panel targets Goldman as AIG skates by
(DBN)

Goldman denies its collateral demands led to collapse of insurance giant AIG
(DBN)

US Panel Seeks More Money to Investigate Financial Crisis
(DBN)

Thanks, it has been fun - but please, no more cash for the crisis commission
(DBN)

Small Business Amendment to Financial Reform Bill Draws Mixed Feelings
(DBN)

______________

Celebs:

Former Steeler Dermontti Dawson Lists $69M Debts in Chapter 7
(DBN)

______________

AIG:

The Joe Cassano guide to escapology
(DBN)

______________

Gambling:

New objections filed in Station Casinos bankruptcy case
(DBN)

______________

Advertising:

Cheap, illegal roadside signs grow in recession
(DBN)

______________

Financial Literacy:

A New Tool to Teach Children About Money
(DBN)

______________

Aviation:

Start-Up Airlines in a Struggle to Survive
(DBN)

______________

Politics:

Dems in jam as economy slows
(DBN)

______________

Personal Finance:

If you can't pay your bills, you can't keep your job.
(DBN)

______________

Distressed Investing:

The pitfalls of buying assets from distressed companies
(DBN)

______________

 

New Bankruptcy Opinions
(No 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)

______________

Bankruptcy Statistics:

Consumer Bankruptcy Filings at Highest Level Since 2005
(DBN)

OK: Bankruptcy filings increase
(DBN)

June Sees Big Drop in Bankruptcy Filing Rate
(DBN)

______________

Miscellaneous:

Rangers, Tribune, Philadelphia Newspapers, GM, Ciena, Chemtura: Bankruptcy
(DBN)

Old GM, General Growth, Flying J, National Envelope: Bankruptcy
(DBN)

Gala Coral, IT Holding, Sovereign Debt Risk: Europe Bankruptcy
(DBN)

______________

Municipalities:

Private employees toil 13.5 months to earn what federal workers do in 12
(DBN)

Illinois Stops Paying Its Bills
(DBN)

Illinois Facing Disaster on Budget Crisis
(DBN)

City Hall Blues
(DBN)

Local Government Still Shedding Jobs
(DBN)

Vallejo's experience with bankruptcy, arbitration reform may spur action in San Jose
(DBN)

Schwarzenegger Can Cut State Workers' Pay, Court Rules
(DBN)

Technology Foils Gov. Arnie's Wage Order
(DBN)

What Happens When Cities Go Broke?
(DBN)

______________

Avoidance Actions:

Plan Administrator in Goody's Bankruptcy Files Preference Actions
(DBN)

______________

Litigation:

Court Allows Class Action Against Insurer, Upholds Discovery Abuse Sanction
(DBN)

______________

Compensation:

Should executives be paid with debt?
(DBN)

______________

Autos:

G.M. Is Said to Consider Filing Soon for Offering
(DBN)

GM has some work to do ahead of IPO
(DBN)

GM Gives $6.6 Million in Stock to Execs
(DBN)

GM Seeks $5B Credit Line for Slowdown
(DBN)

Once-doomed car dealers live to sell again
(DBN)

Resurrecting Chrysler
(DBN)

______________

Receivers:

Scandals spark peer review of receivers
(DBN)

______________

Food/Drink:

Chocolate Maker’s Auction Delayed By Break-In
(DBN)

NutraCea Wrapping Up Bankruptcy Class Action Suit
(DBN)

______________

Accounting:

Peter Wyman leaves PwC
(DBN)

Compensation and Promotion Watch: Sit Downs Starting at Deloitte; Anxiety Over Raises Picking Up
(DBN)

______________

Retailing:

Retailers Devise Stimulus Plans to Revive Sales
(DBN)

______________

Hollywood:

Screenwriters Find Jobs are Dwindling
(DBN)

______________

Banking:

Bank of America Settlement -- A Sign of True Progress?
(DBN)

Your annual fee: $201
(DBN)

Nothing is free on free checking
(DBN)

Lenders on the block
(DBN)

______________

Video Rentals:

Blockbuster gets reprieve from lenders
(DBN)

Blockbuster must hire chief restructuring officer soon
(DBN)

Blockbuster Video Is On Life Support
(DBN)

______________

Convenience Stores:

Firm Greene bought files for bankruptcy
(DBN)

______________

UK:

PwC: corporate insolvencies on downward spiral
(DBN)

UK 1970 vs. 2010: Older, Richer, Fatter
(DBN)

Businesses struggling to keep up with Time to Pay tax debt
(DBN)

Automotive insolvencies drop in May
(DBN)

Number of new companies created rises after two years of dramatic falls
(DBN)

Imperial Group directors acquitted in £150m fraud case
(DBN)

CFOs foresee increased risk of 'double dip' recession
(DBN)

______________

EU:

EU's Rehn backs full bank stress tests transparency
(DBN)

European Banks' Hidden Losses May Threaten EU Stress Test Plan
(DBN)

Three Steps to Passing Stress Tests
(DBN)

EU’s Barnier Pledges Derivatives and Hedge Fund Regulations
(DBN)

______________

China:

China, the Sweatshop
(DBN)'

China's Stock Futures Drop on Slowing Economic Growth Concern
(DBN)

China shares fall to 15-month low
(DBN)

The Chinese Property Collapse Has Officially Begun
(DBN)

______________

Ireland:

Irish Insolvencies increase by 27% in the first half of 2010
(DBN)

______________

Greece:

Greece claims deficit turnaround
(DBN)

EU Says Will Not Ask Greece For Additional Measures
(DBN)

CMA: Greece Second Riskiest Sovereign
(DBN)

______________

Russia:

Russian Legal Revamp May Free 100,000 Entrepreneurs
(DBN)

______________

Japan:

Japan Economy Index Falls for First Time in 14 Months
(DBN)

______________

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