June 10, 2010

The Daily Bankruptcy News

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Law:

‘Get Real’: One Lawyer’s Take on ‘Having it All’
(DBN)

NY Firm First US Shop to Choose Option of Non-Lawyer Partners in London
(DBN)

Is The Pond as Wide as Advertised?
(DBN)

Partners Vote to Approve Transatlantic Merger
(DBN)

Robert Half: Legal hiring to increase in Q3
(DBN)

5 + 15 = 2 New Firms
(DBN)

Blago Case Opens, But Blago’s Lawyer Steals the Show
(DBN)

Behind Closed Doors: What One Firm Looks For in Summer Associates
(DBN)

Ch-Ch-Ch-Ch-Changes
(DBN)

Although High-Powered People Lie More Easily, It’s Not Advisable for Job-Hunting Lawyers
(DBN)

NYC Law Dept to Firms: Send Us Your Deferred Associates
(DBN)

Ex-Bull Scottie Pippen Blames Law Firm for Bad Investments, Seeks $8M at Trial
(DBN)

Half-Century Club: Rothstein Gets 50 Years
(DBN)

A Trio of Misbehaving Lawyers
(DBN)

'An Extremely Dangerous Game': Prosecutors Tell GCs to Play Ball
(DBN)

Deep Vennum Blues: Lawyer Pleads Guilty to Stealing From Clients
(DBN)

BigLaw Firm Scores Another Win in Fee Beef With Former Client
(DBN)

Another Am Law 100 Partner Drops Off A Firm's Web Site
(DBN)

Cravath Partner Joins Private Equity Firm as GC
(DBN)

Chicago Lawyer Accused of Using Slurs to Refer to Competing Colleagues
(DBN)

Most Job Discrimination Suits Win, at Best, Small Settlements, Study Says
(DBN)

Another NY Firm Takes Advantage of Lower Rents to Snag Snazzy New Digs
(DBN)

Law Librarian Accused of Pulling Fire Alarm Can Sue Firm for Defamation
(DBN)

Why Unemployed Lawyers Shouldn't Go On Reality TV Shows
(DBN)

Duty To Warn Process Server
(DBN)

Judge Orders Release of 'Jailhouse Lawyer,' Blasts D.A.'s Lack of Remorse
(DBN)

William Lerach's redemption tour
(DBN)

An Attractive Nuisance
(DBN)

I hate to be an attractive nuisance
(DBN)

"The sharks were dubbed 'Bruce' after Spielberg's lawyer"
(DBN)

Judge Nixes Murder Defendant’s Efforts to Fire Counsel, Excludes Him From His Own Trial
(DBN)

Art Imitates Life for California Lawyer and Legal Thriller Author
(DBN)

‘Getting It’: A Novel About a Diabolical Pursuit of Partnership And an interview with the author, NYU Professor Daniel Shaviro.
(DBN)

Tulane: The Latest School to Adopt Grade Reform
(DBN)

Band-aids??
(DBN)

Best lawyer advertising ever.
(DBN)

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Judges:

US Bankruptcy Court Judge Dennis E. Milton, 59, dies
(DBN)

Bankruptcy Judge Dennis E. Milton Funeral Service Information
(DBN)

David Souter finally tells Americans to grow up
(DBN)

Groups see Kagan as opportunity
(DBN)

Elena Kagan should use her confirmation hearings to defend the Constitution. All of it.
(DBN)

Judge Accused of Misconduct in Execution Fires Back at Foes
(DBN)

Judge Faces Ethics Case for Writing Letters to Court About Amanda Knox Murder Trial
(DBN)

Are Liberal Judges Really Judicial Activists?
(DBN)

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Wall Street:

Stock index futures signal gains for Wall St
(DBN)

BP bankruptcy fears spook market at end
(DBN)

Markets Drop in Europe Ahead of ECB Meeting
(DBN)

BP Concerns Drag Down Other Stocks
(DBN)

Will The Next Three Weeks Change Wall Street Forever?
(DBN)

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Layoffs:

Job Turnover Remains Scarce in April
(DBN)

Worst Teen Summer Job Market In 41 Years
(DBN)

Ohio Food Stamp Use Soars
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Compensation:

Bernanke says bank pay structure must change
(DBN)

Wall Street Pay Plunged in 2009
(DBN)

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Autos:

Visteon's trade claimants step up bankruptcy fight
(DBN)

Chrysler Hiring Again
(DBN)

Berlin Rejects Aid for G.M.’s Opel Unit
(DBN)

Toyota's Other Legal Mess
(DBN)

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Health Care:

Health-Care Restructurings Loom
(DBN)

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Insurance:

Ambac Financial stock slumps on bankruptcy fear
(DBN)

Ambac Will Pay $2.6bn to Settle $16.4bn of CDOs
(DBN)

Closer to an Ambac Bankruptcy
(DBN)

Ambac Warns of Default as Bondholders Organize
(DBN)

Are AIG Companies Stable? On A Closer Look, Maybe Not
(DBN)

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Celebs:

Bankruptcy details of Teresa Giudice of 'Real Housewives of N.J.'
(DBN)

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Food/Drink:

TGI Friday's operator hopes to cut debt through bankruptcy
(DBN)

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Theme Parks:

Creditors one step closer to seizing Freestyle Music Park assets
(DBN)

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Finance:

Tight Credit Is Turning Franchisers Into Lenders
(DBN)

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Litigation:

Plaintiff's Exhibit 1: Your Facebook Wall
(DBN)

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Economy:

Bernanke Warns of ‘Unsustainable’ Debt
(DBN)

Oversight panel: Feds jumped too soon to bail out AIG
(DBN)

Senate Weakens Bid to Tax Wall Street Like Us
(DBN)

U.S debt to rise to $19.6 trillion by 2015
(DBN)

Economists Expect Slow U.S. Growth
(DBN)

Bernanke Issues Warning on Deficit
(DBN)

Bernanke Tells Krugman to Shove It
(DBN)

Bernanke Puzzled by Gold Rally
(DBN)

Inventories, Sales Were Up in April
(DBN)

Rail Traffic Hits 12 Year High in May
(DBN)

Truckers Say Market's Wrong, Economy Grows
(DBN)

Risks to global economy have 'risen significantly', top IMF official warns
(DBN)

Modest growth seen all across nation, Fed says
(DBN)

Fed Beige Book Says Tax Credit Boosted Mortgage Activity as Economy Lifts
(DBN)

Next bubble may be corporate bonds ... or stocks
(DBN)

Economist proposes Goldman Sachs Amendment
(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:

US Foreclosure Filings Down 3% In May; Bank Repos At Record
(DBN)

Most Foreclosure Properties Not Underwater
(DBN)

Short-Term Recovery Comes at Long-Term Cost
(DBN)

Overall mortgage application volume falls 12.2 pct
(DBN)

FTC wins Countrywide settlement, but celebrates a little early
(DBN)

Low Mortgage Rates Met With Blank Stares
(DBN)

Residential Mortgage Lending: High Risk, High Costs, Low Returns
(DBN)

Lack of Refinancing is Another Blow For Housing
(DBN)

Manhattan’s Apartment Vacancy Rate Dips Below 1%
(DBN)

Miami Housing Agency Seeking Busted Condos
(DBN)

Cuomo hits Yair Levy with fraud suit
(DBN)

Opposing Counsel in Chinese Drywall Trial Spar Over Alleged 'Deal' to Hide Defects
(DBN)

Alabama foreclosures drop 20% in May
(DBN)

Wolf Creek Properties files for Chapter 11 bankruptcy protection
(DBN)

Pile of Foreclosure Mediation Bills Wait in California Congress
(DBN)

Distressed CMBS Loans Now Returning Less Than Half Their Note Value
(DBN)

"Bigger Than They Should've Been," GE Capital To Cut $30 Bil.-$40 Bil. in Real Estate
(DBN)

Commercial Property Owners Brace For Economic Impact of Gulf Oil Spill
(DBN)

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Oil/Gas:

BP: Bankrupt Petroleum?
(DBN)

BP: A Month From Chapter 11?
(DBN)

Will BP be Forced to Declare Bankruptcy?
(DBN)

Matt Simmons: BP Will Go Bankrupt
(DBN)

BP bankruptcy ahead - Rivals licking their chops
(DBN)

BP Bankruptcy , Fact or Fiction
(DBN)

BP Trades as Junk
(DBN)

BP Suffers $1B Setback in Siberia
(DBN)

BP Now Faces 6,000 Lawsuits
(DBN)

5 Ways Growing Public Outrage Could Doom BP
(DBN)

BP Class Actions Reach Eastern Seaboard
(DBN)

Brother of Worker Killed in Explosion of Deepwater Horizon Calls for Change in Law
(DBN)

Not enough insurance for $10B oil spill liability cap
(DBN)

Would a Defunct BP Make Good On Its Liabilities?
(DBN)

Judge Recusals May Hinder Oil Lawsuits
(DBN)

Safety Board to Probe 'Root Causes' of BP Oil Rig Blast
(DBN)

Leak 'may top 100,000 barrels a day'
(DBN)

BP Now Capturing 630,000 Gallons of Oil
(DBN)

Honest Oil Spill Facts Still Hard to Find
(DBN)

The Real Culprit Behind BP's Oil Spill
(DBN)

BP likely to get more oil than it can process
(DBN)

BP Oil Spill Cap Plan B: Burn, Baby, Burn
(DBN)

BP eyes showdown with US govt on liability
(DBN)

Has US bloodlust at BP gone too far?
(DBN)

Will Oil Spill Companies Be on Hook for Clean Water Crimes?
(DBN)

Florida: Oil Spill Costs Could be 200K Jobs
(DBN)

BP hit by doubts over ability to pay for costs of oil spill
(DBN)

BP Stock Plunges as U.S. Ramps Up Tab
(DBN)

Shares Plunge 16% as Pressures Mount
(DBN)

BP: As CDS Spreads Leap Wide, Put Buying Rallies
(DBN)

BP bond yields jump as stock plunges
(DBN)

Efforts in Gulf to Limit Flow of Spill News
(DBN)

In Louisiana, Scrambling for Work
(DBN)

US Lawmakers Say BP Should Suspend Dividends, Ads
(DBN)

BP Investors Brace for Dividend Suspension
(DBN)

BP: 'Virtually all' oil to be captured soon
(DBN)

Poll: Many fault federal regulators for Gulf of Mexico oil disaster
(DBN)

Oil spill clogging Washington's biggest mouths
(DBN)

US Offshore Drilling Moratorium May End Sooner, Salazar Says
(DBN)

Shallow-Water Drillers Must Verify Blowout Devices, US Says
(DBN)

In Spill's Aftermath, Support for Drilling Declines
(DBN)

Congress turns up heat on Interior Department
(DBN)

Scientists Find Signs of Dead Zones in Gulf Oil Spill
(DBN)

BP Again Denies Underwater Oil Plume
(DBN)

BP Has Lied to Us. We Could Have Stopped Leak
(DBN)

Feds Knew of Gulf Spill Risk in 2000
(DBN)

Transocean Said It Fixed Blowout Preventers
(DBN)

Oil spill ripples through Florida economy
(DBN)

World Oil Use Drop Biggest Since 1982
(DBN)

IEA Raises 2010 Estimates for World Oil Demand, Non-OPEC Supply
(DBN)

LNG bankruptcy adds new wrinkle
(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 Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Rules:

Bankruptcy Rule Would Let Investors Keep Terms Secret
(DBN)

Rule Seeks Details From Bankruptcy Creditors
(WSJ: separate paid subscription required)

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UST:

Two Appointed to US Trustees for Regions 3, 18
(DBN)

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Personal Finance:

How Can Families Make It on $50,000?
(DBN)

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Fraud:

Rothstein Gets 50 Years for $1.2 Billion Fraud
(DBN)

Lawyer's Ponzi Victims to Share Proceeds From Insurance Trust
(DBN)

Goldman Sued by Hedge Fund Basis Over Timberwolf CDO
(DBN)

Goldman unlikely to settle Timberwolf: source
(DBN)

Stanford codefendant seeks separate trial to avoid “circus”
(DBN)

Man spared jail for 'least sophisticated fraud ever'
(DBN)
s

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Hotels:

Extended Stay Reveals Details of Bankruptcy Exit Plan
(DBN)

Hotels Sales Increase as More Distressed Deals Close
(DBN)

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Miscellaneous:

Newark Group, Extended Stay, GM, Abitibi, Bashas': Bankruptcy
(DBN)

WaMu, Holley, EnPro, Bear Island, Lehman: Bankruptcy
(DBN)

Restructuring Watch: Paulson’s PE Bet, Harrah’s
(DBN)

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Business Development:

American Capital extends debt exchange offer, again
(DBN)

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Banking:

Bernanke: Fed Moving Soon On Executive Pay Practices For Banks
(DBN)

WaMu judge schedules hearing on examiner
(DBN)

Banks in Downward Spiral on Capital CDOs
(DBN)

FDIC's Receivership Rights Don't Bar Fidelity Bond Rescission
(DBN)

Bank Says VP Cost It Millions
(DBN)

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Travel:

Rental Cars Firms Start to Nickel and Dime
(DBN)

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Lehman:

CNBC to Air 'The Last Days of Lehman Brothers'
(DBN)

Did JPMorgan Kill Lehman Brothers?
(DBN)

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Retailing:

Old Time Pottery wraps up reorg
(DBN)

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Gambling:

Greektown's bankruptcy exit may be delayed
(DBN)

Sault Tribe, Kewadin defendants in avoidance lawsuit
(DBN)

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Student Debt:

Appeals Court Discharges $300,000 in Student Loans, Despite Purchase of Deck and “Loaded” SUV
(DBN)

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AIG:

$85B Not Enough to Bail Out AIG
(DBN)

AIG Can Still Get $35.5 Billion From AIA Unit, Treasury Says
(DBN)

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Debt Collection:

FDCPA Lawsuits Against Collectors Averaging More than 800 Per Month
(DBN)

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Furniture:

Thornwood Furniture Mfg. in Chapter 11
(DBN)

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Building Materials:

Moser Enterprises filed for bankruptcy protection
(DBN)

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Ethanol:

Pacific Ethanol Inc. to pull production plants out of bankruptcy
(DBN)

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Corporate Reform:

Dean: If finance bill weakened, I won't support it
(DBN)

Volcker Rule Still at Issue on Reform
(DBN)

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Art:

Salander Auction Raises $2.1 Million, Third of Lots Goes Unsold
(DBN)

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Accounting:

Transatlantic audit row between regulators rages
(DBN)

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UK:

Unmasked, the bankrupt doctor with hidden fortune
(DBN)

Home Retail's Argos hit by weak gaming, TV sales
(DBN)

Small creditors hit by client tax debt
(DBN)

Advisers fear being caught in Liechtenstein tax net
(DBN)

Equitable Life: E&Y spared the worst
(DBN)

Timing of insolvency could hit landlords’ rights
(DBN)

Equitable ruling leaves audit guessing over legal liabilities
(DBN)

HMRC on the attack
(DBN)

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EU:

E.U. Refuses to Be Rushed on Regulating Financial Practices
(DBN)

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Latin America:

Clinton urges rich Latin Americans to pay 'fair' tax share
(DBN)

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Ireland:

Anglo collapse would have left others insolvent
(DBN)

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