June 16, 2010

The Daily Bankruptcy News

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Law:

The Apprentice
(DBN)

The Early Reviews On Law-Firm Apprenticeships: So Far, So Good
(DBN)

Law Firms Sanctioned Over Billionaire's 'Frivolous' Estate Claim
(DBN)

Katten Muchin Names 2 New Bankruptcy Partners
(DBN)

Adams and Reese moves to Capitol Hill
(DBN)

Large Fla. Firms Tapped for Defense in Oil Spill Cases
(DBN)

Fried Frank Partner to Lead Oil Industry Regulation Reform
(DBN)

As Public Criticism Grows, ‘Too Distracting’ Banker Retains Gloria Allred
(DBN)

Did Quinn Emanuel Hire, Then Fire, a Convicted Sex Offender?
(DBN)

Ropes & Gray Partner Rob Skinner Puts on a Midlife Crisis Cabaret
(DBN)

Is BigLaw Becoming a Socialist Fishbowl?
(DBN)

No Additional Punishment for Convicted Mayer Brown Partner
(DBN)

BigLaw Firm Wins Bid to Drag Ex-Client Into Arbitration Over $3 Million in Fees
(DBN)

Opposing Counsel's Warning Comes Too Late; Lawyer, 54, is Stabbed 12 Times in Her Office
(DBN)

Lawyer Who Helped Terrorist Deserves ‘Enhanced’ Term, U.S. Says
(DBN)

Plaintiffs Firms Create News Websites Where Potential Clients Congregate
(DBN)

Does the ‘Rule of Law’ Even Exist in the U.S. Anymore?
(DBN)

Technology in the Courtroom: A Double-Edged Sword
(DBN)

Affidavit of Merit Needed to Sue Firm as Well as Lawyers for Malpractice, N.J. Court Rules
(DBN)

You Know You're Getting Old ...
(DBN)

The Ten Students You Meet in Law School
(DBN)

Lawyer Building Tree House Office in Pine Forest
(DBN)

Law Professor Supports Bloggers, Calls for Colleagues to 'Wake Up to Casualties of Our Enterprise'
(DBN)

Law Schools Sued Over Alleged Discrimination Against Blind Applicants
(DBN)

Boston College Law Dean Seeks to Humble Us With His Newfound Piety — Becomes New President of Catholic University
(DBN)

Despite 4,262-Mile Bike Ride, Vacationing Lawyer Still Works 2 Hours a Day
(DBN)

Freebies by law firms are a “crucial factor”
(DBN)

Motion Practice of the Day
(DBN)

VERY Unhappy Wendy's Drive-Thru Customers
(DBN)

Thanks For Being Frank Jack
(DBN)

Bullfighter Bolts From Ring, is Arrested in Apparent Breach-of-Contract Case
(DBN)

Yes, It’s Perfectly Fine to Call Me While I’m on Vacation
(DBN)

Say What!?
(DBN)

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Judges:

Supreme Court Runs Financial Gamut
(DBN)

Financial records show justices enjoy overseas travel
(DBN)

69 Law Deans Endorse Kagan
(DBN)

How Do Judges Determine Credibility of Witnesses?
(DBN)

Mistrial Declared After Juror Argues with Judge
(DBN)

Speak Ill of the Judicial System? Possibly Not In Utah
(DBN)

Judges Give Thumbs Down to Crack, Pot Mandatory Minimums
(DBN)

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Wall Street:

Stock Futures Lower Ahead of Economic Data
(DBN)

Bets on Growth Boost Stocks
(DBN)

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Layoffs:

Job Growth Key To Housing Recovery
(DBN)

GOP Wants Pay Freeze for Federal Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Amazon Unbox

Municipalities:

San Diego May Use Bankruptcy to Roll Back Benefits
(DBN)

Harrisburg Official: Choose Bankruptcy
(DBN)

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Lehman:

Lehman Brothers Europe Offers Pay Plan to Unsecured Creditors
(DBN)

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Turnarounds:

Credit Crisis Puts Focus on Out-of-Court Restructurings
(DBN)

Receiverships Can Be Efficient Alternative to Bankruptcy
(DBN)

Alternatives to Bankruptcy: A Buyer’s Perspective
(DBN)

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Corporate Reform:

US House Lawmakers Offer Changes To Financial Bill
(DBN)

Financial Bill Talks Turn to Credit-Rating Firms
(DBN)

Rep. John Campbell Accuses Himself Of 'Blatant Conflict Of Interest'
(DBN)

The Fed’s Report on Small Business and Credit Card Reform Fails to Impress
(DBN)

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Awards:

163 Sidley Lawyers Ranked in Chambers USA
(DBN)

Zuckerman Spaeder LLP Recognized in 2010 Edition of Chambers USA
(DBN)

McDermott Earns Top National Rankings in Chambers USA 2010
(DBN)

28 Richards Layton attorneys named in 2010 Chambers USA
(DBN)

Barnes & Thornburg Attorneys Recognized in 2010 Chambers USA
(DBN)

Burr & Forman Continues To Receive Top Ranking By Chambers USA
(DBN)

2 Saul Ewing Attorneys Recognized For Excellence by Chambers USA
(DBN)

Bass, Berry & Sims PLC Receives Top Honors in Tennessee from Chambers USA
(DBN)

Chambers USA recognizes 22 Potter Anderson attorneys
(DBN)

Gardere Recognized By Chambers USA
(DBN)

Thirty-Seven Fisher & Phillips Attorneys Ranked Among Top in Chambers USA
(DBN)

Faegre & Benson Practices Ranked Nationwide by Chambers
(DBN)

McKool Smith Law Firm Earns National Rankings in Chambers USA
(DBN)

Shapiro Sher Ranks Among Top Law Firms in Chambers USA 2010
(DBN)

Nossaman Honored by Chambers as a Leading Law Firm
(DBN)

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Gambling:

Greektown Casino searches for new management team
(DBN)

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Derivatives:

Commodity Futures Trading Commission approves investment vehicle to allow box-office futures trading
(DBN)

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Private Equity:

KKR To Halve Oriental Brewery Debt via Refinancing
(DBN)

Private Funds and Bankruptcy
(DBN)

Equity Firm Loses Bid to Stay Arbitration With Gibson Dunn
(DBN)

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Consumer Credit:

Why You Really Want to Avoid Payday Loans, Store-Affiliated Credit Cards, and Overdraft Fees
(DBN)

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Autos:

What investors can expect from GM's IPO
(DBN)

Chrysler dealership wins arbitration case
(DBN)

Auto suppliers leap roadblocks
(DBN)

Former Chrysler plant to be liquidated, not saved
(DBN)

Unions: Restore concessions
(DBN)

Losses hit UAW pocketbook
(DBN)

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Cross-Border:

Recognizing restructurings across borders
(DBN)

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Economy:

Manufacturing Sustains Recovery as Housing Cools
(DBN)

Fed Officials May Trim U.S. Growth Outlook on Europe Risks
(DBN)

House Lawmakers Seek Wider Fed Audit
(DBN)

New York Fed’s New Powers May Come With Less Autonomy
(DBN)

Don't Worry About the Rich, They're Spending
(DBN)

China's US govt debt holdings hit high
(DBN)

Tracking Economic Recession and Recovery in America’s 100 Largest Metropolitan Areas
(DBN)

Even The Fed Admits Ben Bernanke Is Dreaming If He Wants To End The Stimulus
(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:

Reconsidering Mortgage Cram-down in Bankruptcy
(DBN)

Homebuilders less confident in recovery
(DBN)

Homeownership Advantages Questioned by FDIC Chief
(DBN)

Low Mortgage Rates Help Block Double-Dip Threat: Morgan Stanley
(DBN)

Median home price soars 22.5% in Southern California
(DBN)

Builders in US Lost Confidence After Credit Ended
(DBN)

Capmark Financial Creditors Want to Probe $1.5 Billion Loan
(DBN)

Walking Away From Your Mortgage: 3 Reasons It's a Bad Idea
(DBN)

Shadow Inventory For Nonagency RMBS Could Take Three Years To Clear
(DBN)

House Of The Day
(DBN)

Home in SoCal murder-suicide in foreclosure
(DBN)

Bankruptcy judge gives OK for Landmark to change hands
(DBN)

In Distressed Buys, Look Before You Leap
(DBN)

Commercial Property to Stay 40% From Peak, Pimco Says
(DBN)

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Finance:

Roll-Up Financing Gains Prominence
(DBN)

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Oil/Gas:

Fears of a BP Bankruptcy Filing Are Overblown
(DBN)

The Government Wants BP to Put Up $20b, But Can It Order It?
(DBN)

What's going on down there?
(DBN)

America's oil supply: What's Plan B?
(DBN)

LA Gov. Takes Matters Into Own Hands
(DBN)

BP Oil Spill Lawsuits Spread to States Beyond Gulf Coast
(DBN)

Florida county defies Command, takes control of response
(DBN)

BP Chairman Gets Moment in Spotlight
(DBN)

"We Don't Need This on Camera"
(DBN)

Obama: We're Going to Make Sure 'BP Pays for the Damage It Has Done'
(DBN)

What can BP afford to pay? Nobody's sure.
(DBN)

'Nuclear option'
(DBN)

AP Poll: Majority disapprove of Obama on oil spill
(DBN)

71% Say Obama is Too Soft on BP
(DBN)

BP Should Weigh Rebuffing U.S. on Spill Costs, Hofmeister Says
(DBN)

BP Executive Says Company Supports Administration Decisions
(DBN)

Democratic Senators: BP Escrow Dividend Plan 'Unacceptable'
(DBN)

BP's Options to Limit Liability From the Oil Spill
(DBN)

Escrow, Takeover, or Bankruptcy?
(DBN)

BP Facing $34B in Fines Over Spill
(DBN)

White House: BP has "plenty of cash" to pay claims
(DBN)

BP escrow idea further muddies oily waters
(DBN)

About those BP bonds...
(DBN)

BP Purchased 32 Oil Cleanup Machines From Kevin Costner
(DBN)

BP Rig Missed 16 Inspections Before Explosion
(DBN)

Murray: BP should set aside $20 billion
(DBN)

Louisiana AG Cleared to Investigate Oil Spill
(DBN)

Oil Executives Face Congressional Criticism of Disaster Response Plans
(DBN)

Oil CEOs criticize BP's well, but have identical response plans
(DBN)

Chevron CEO: Practices We Wouldn't Use Employed By BP
(DBN)

ExxonMobile CEO: We're Not Well-Equipped to Handle Deep-Water Spills
(DBN)

Oil Executives Tell Committee That BP Spill Is an Aberration
(DBN)

Unkindest cut: BP exec told to try 'hara-kiri'
(DBN)

Lawmakers Criticize Oil Companies' Spill Response Plans
(DBN)

Lawmakers Spar Over Proposed Oil Tax Increase
(DBN)

Transocean Saved Billions in Taxes by Moving Legal Domicile Offshore
(DBN)

Judge Rules Maritime Law Doesn’t Shield Transocean from Most Environmental Suits
(DBN)

US Prepared To Process Jones Act Waivers Quickly
(DBN)

Salesmen Pushing Hay and Other Pitches to Clean Up Oil
(DBN)

BP Employee Claims That BP Is Lying, And That Key Test On Oil Rig Was Never Performed
(DBN)

Did BP's Rig Pass A Key Safety Test—Or Not?
(DBN)

BP oil siphoning suspended by ship fire
(DBN)

Anger Over Oil Spill Spills Over To BP-Branded Fuel Retailers
(DBN)

Under Pressure From Government, BP To Accelerate Claims Process
(DBN)

US Government Steps Up Gulf Seafood Safety Measures
(DBN)

Locals: We Need More Government Help with Spill
(DBN)

Miss. beaches largely unspoiled by Gulf oil gusher
(DBN)

BP call center a fake?
(DBN)

Supply shortages slowing cleanup
(DBN)

Oil Under the Water May Be Worse Than Thought
(DBN)

Anadarko outlook now negative on oil spill
(DBN)

Crude Oil Drops as Stronger Dollar Cuts Demand For Commodities
(DBN)

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Sales:

Strict Foreclosure Offers Out-of-Court Alternative to 363 Sales
(DBN)

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Insurance:

Sarbanes-Oxley Act Clawbacks and D&O Insurance
(DBN)

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Debt Collection:

McGraw, debt collector settle
(DBN)

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Credit Cards:

Fed limits card fees to $25
(DBN)

Banks and merchants fight over transaction fees for debt and credit cards
(DBN)

Banks seek out the rich for credit cards
(DBN)

Credit Card Delinquencies Fall to 5-Month Lows
(DBN)

AmEx 30-Day Total Delinquencies 2.9% In May Vs 3.1% In April
(DBN)

Russell Simmons, Interchange Crusader
(DBN)

Police Arrest 178 on Global Credit Card Scam
(DBN)

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Video Rentals:

Pull the Curtains on Blockbuster?
(DBN)

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Fraud:

One Crowd Still Loyal to Goldman Sachs
(DBN)

Madoff Feeder Fairfield Seeks US Court Protection
(DBN)

Kerviel Says SocGen Received Weekly Report on Trading
(DBN)

Canadian Developer Agrees to Guilty Plea in Nevada Mining Fraud
(DBN)

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Education:

US Education Dept Avoids 'Gainful Employment' In Reform Draft - No requirement to show that students can get jobs when they graduate
(DBN)

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New Bankruptcy Opinions
(2 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

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:

Seattle Earns Dubious Debtor Distinction
(DBN)

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Bankruptcy Policy:

The Utility of Chapter 11
(DBN)

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Bankruptcy Rules:

Rule 2019: A Kinder, Gentler, Amendment
(DBN)

Judicial Conference Advisory Committee on Rules of Bankruptcy Procedure meeting
(DBN)

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Claims Trading:

Bankruptcy claims trading hits $3.3 bln in May
(DBN)

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Baseball:

Rangers Say Creditors Not Hurt by Team's Sale
(DBN)

Inside the Texas Rangers Bankruptcy Hearing
(DBN)

Judge says he's leaning toward Rangers argument
(DBN)

Judge Agrees With Rangers' Attorney: Hicks Didn't Have to Sell Team to Highest Bidder
(DBN)

The Rangers may be in good shape
(DBN)

Chuck Greenberg Pleased with Texas Rangers Bankruptcy Hearing
(DBN)

Coyotes Chapter 11 Weighs On Rangers Judge
(DBN)

Rangers' creditors seek vote on bankruptcy plan
(DBN)

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Hotels:

Starwood Opposes Extended Stay Sale to Centerbridge
(DBN)

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Enron:

Website attacks Enron prosecution & media coverage
(DBN)

Coffee Talk With Jeff Skilling
(DBN)

Jeff Skilling Will Tell You That Prison Has Its Drawbacks
(DBN)

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Tax:

UBS May Escape ‘Game of Chicken’ as Lawmakers Vote on Treaty
(DBN)

UBS US tax deal in balance as fresh vote looms
(DBN)

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Banking:

Corus Bankshares Enters Bankruptcy Court Protection
(DBN)

Small banks a growing drag on bailout program
(DBN)

US Lawmakers Reject Bid To Create Single Bank Regulator
(DBN)

Bank List: Holding the Most Troubled Loans
(DBN)

WaMu Revises Bankruptcy Plan
(DBN)

Giving In on Trading, Bankers Turn to Other Losses
(DBN)

Banking the Unbanked--Government-Sponsored Prepaid Cards?
(DBN)

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Newspapers:

Bondholders Balk At Tribune Plan
(DBN)

Tribune Bondholders Ask FCC to Halt License Transfer
(DBN)

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Celeb:

Thomas Kinkade Arrested For DUI
(DBN)

Real desperation: 'Real Housewives' star Teresa Giudice's bankruptcy
(DBN)

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Mass Torts:

Ill. asbestos ruling holds employers more accountable
(DBN)

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Accounting:

ICAEW wants auditors' private discussions to be public
(DBN)

Watchdog opens investigation of E&Y over Lehman
(DBN)

Satyam: Does Anyone Mind if We Take Another Three Months to Finish Our Restatements?
(DBN)

Are Raises Looking Bleak at Ernst & Young?
(DBN)

BKD Partner Found Dead at His Office
(DBN)

Is KPMG Moving Out of DC?
(DBN)

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Aviation:

US Airlines' Work Force Fell 4.1% In April, Extending Slide
(DBN)

Airline Executives Say Business Travel Is Picking Up
(DBN)

Spirit Airlines grounds flights through Thursday
(DBN)

Airlines See Q2 Revenue Gains
(DBN)

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Health Care:

Central Pa. hospital to leave bankruptcy in July
(DBN)

Midwest Munis Bet on Retirees -- and Lost
(DBN)

Uninsured Woman Shoots Herself to Get Medical Care
(DBN)

5 painful health-care lessons from Massachusetts
(DBN)

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UK:

U.K. Unemployment Falls, Monthly Jobless Claims Drop
(DBN)

Vantis trading suspension follows difficult financial period
(DBN)

FTI Consulting called in to advise Vantis
(DBN)

OBR: Economy May Never Recovery from Crisis
(DBN)

Freefalling business confidence paves way for downwards growth revision
(DBN)

Deloitte administrators called into caravan site operator Green Parcs
(DBN)

KPMG administrators appointed to Pilkington's
(DBN)

Luxury horsecoach business enters administration
(DBN)

Drip, drip of reseller insolvencies continues
(DBN)

Insolvency firm takes the plunge!
(DBN)

OFT publishes review of high-cost credit
(DBN)

______________

EU:

Euro rises as Spanish debt auction boosts optimism
(DBN)

EU Chief lays out 'apocalyptic' vision as some countries run out of money... Warns 'democracy could disappear' in Greece, Spain and Portugal
(DBN)

EU wants details of 2011 Spain, Portugal fiscal plans
(DBN)

EU demands 'extra' 2011 deficit measures of Spain
(DBN)

EC pushing the envelope on austerity
(DBN)

Madrid turmoil sparks fear of crisis spending
(DBN)

A Vicious Circle for European Governments
(DBN)

______________

Greece:

China to boost investments in debt-hit Greece
(DBN)

Greek gaming machines stage comeback amid crisis
(DBN)

Greek Hospitals Near Meltdown As Government Can't Pay For Supplies
(DBN)

Moody’s Takes Action On Nine Greek Banks
(DBN)

Greek Borrowing Costs Rise Sharply
(DBN)

EU Probe On Greek CDS Finds “Few Serious Flaws”
(DBN)

China: Firm Supporter Of Greece’s Bailout
(DBN)

______________

Canada:

Movie Gallery Begins Canadian Liquidation
(DBN)

Ministers move closer to pension reform
(DBN)

First quarter sees productivity jump, faster growth
(DBN)

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China:

The History Of China's Property Market
(DBN)

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Spain:

Spain on the defense over persistent rescue rumor
(DBN)

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Serbia:

New software planned for Serbia's Bankruptcy Supervision Agency
(DBN)

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Middle East:

UAE to issue laws on bankruptcy
(DBN)

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