June 17, 2010

The Daily Bankruptcy News

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Law:

Jones Day Lays Off Staffers in Dallas and LA as ‘Last-Resort Alternative’
(DBN)

Paul Weiss Heavyweights Get Smacked by Judge in Perelman Case
(DBN)

BigLaw Firm Hit with Big-Bucks Sanction for Pursuing Billionaire’s ‘Ridiculous’ Claim
(DBN)

But A $90 Million Contingency Fee Should Help Pay That Tab
(DBN)

The Bankruptcy Files: Madoff Feeder Funds, Troubled Lenders, and CBGB
(DBN)

Lawyers' Fees Slashed by $2.2 Million in Suit Over Blue Cross Claims Practices
(DBN)

Firm must give legal fees it received from client to Sotheby's
(DBN)

White & Case Globalizes Pro Bono
(DBN)

DLA Piper faces fresh battle over disability discrimination claim
(DBN)

Law Firm at Center of SEC Revolving-Door Probe
(DBN)

BigLaw Firm Faces Fraud Fracas Over $15 Million Bill
(DBN)

Let Us Pause in Life's Pleasures and Count Its Many Tears
(DBN)

Fried Frank Partner Tapped to Overhaul Oil Agency
(DBN)

Judge Dismisses Legal Malpractice Case Against Duane Morris
(DBN)

Divided Jury Causes Mistrial in Malpractice Case Against Proskauer Rose
(DBN)

Former Hogan London chief opts for post-merger move to US firm
(DBN)

Embracing the Mommy Track
(DBN)

Women opt out of the career fast track
(DBN)

You Know About the Spill, But Who Are They? Transocean GC Eric Brown
(DBN)

As BP Oil Slick Spreads, Firms Follow
(DBN)

Attorney Has Name To Make 'U Smile'
(DBN)

Coming Soon: The End of the Office?
(DBN)

Attorney Convicted in Sex Shakedown Getting Out on Probation
(DBN)

Law Professors: If You’re Not Part of the Solution Then You’re A Huge Freaking Problem
(DBN)

Harvard Student v. Border Patrol
(DBN)

Law Firm Secretary Who Stole $625K Says Partners Were Like Family, Gets 4 to 13 Years
(DBN)

Drug-Sniffing Dog Focuses on Courthouse Lawyer
(DBN)

IP Lawyer Who Spotted Expired Patent on Cup Lid Loses Quest for Trillions in Damages
(DBN)

Dealmeister’s Daughter Leaves $8.3M Mansion to the Dogs; Lawyer Named in Resulting Will Contest
(DBN)

For The Lawyer Who Has Everything
(DBN)

Justin Bieber—the Lawyer—Is Extremely Popular on Facebook
(DBN)

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Judges:

Facing Discipline for Affair With Bailiff, Judge Insists He Broke No Ethics Rule
(DBN)

Could the Nine Become 10, 11 or More? Sen. Mulls Bill to Let Retired Justices Sit In After Recusals
(DBN)

Put on Leave, Magistrate Judge Is Reportedly Arrested After Courthouse Standoff
(DBN)

Retired Appellate Judge, 75, Charged with Murdering His Wife
(DBN)

Suicide of Ft. Worth Judge Stuns City Hall
(DBN)

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Wall Street:

Stock index futures signal mixed open
(DBN)

Pestering and Pestilence at Goldman Sachs
(DBN)

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Layoffs:

Senate defeats unemployment extension
(DBN)

Report finds Miami job market toughest in nation
(DBN)

ABC pays tribute to the fired
(DBN)

Michigan’s unemployment rate drops to 13.6% in April
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

United Auto Workers elect Bob King as president
(DBN)

Fritz Henderson 'never had a chance' as GM CEO
(DBN)

GM to finance Europe overhaul without state aid
(DBN)

Opel Faces Long Road To Recovery
(DBN)

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Video Rentals:

Seen this Movie Before?
(DBN)

Blockbuster's Desperate, Last-Minute Money Hunt Didn't Have to Happen
(DBN)

Blockbuster looking to cut debt in court or out
(DBN)

Here's What Blockbuster Stores Look Like Now That The Company Is Going Bust
(DBN)

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Health Care:

Bankruptcy judge to rule by Friday on Sumner Regional sale
(DBN)

Medical Staffing Network prepares Chapter 11 filing
(DBN)

Split Decision for Forum, Its Creditors
(DBN)

NYC: No $1.7 million for key SVCMC workers
(DBN)

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Lehman:

BarCap chief to testify at Lehman windfall trial
(DBN)

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Food/Drink:

Bankruptcy Stinks
(DBN)

Trustee says not responsible
(DBN)

______________

Hollywood:

Icahn roars back at Lionsgate
(DBN)

______________

Religion:

Contempt motion sought against diocese
(DBN)

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Economy:

US home building plunges, industrial output surges
(DBN)

Experts Talk Housing Starts, Inflation
(DBN)

Buffett Says 'Wildly Capricious' Economy Inspires His Charity
(DBN)

Gates and Buffett lobby billionaires to donate most of their wealth to charity
(DBN)

Economists See Continued Modest Growth, ‘Painfully’ Slow Job Gains
(DBN)

Stimulus Package Bond Program Raises Doubts
(DBN)

South Florida area among hardest hit by recession
(DBN)

Economists Issue Crisis Prevention Manual
(DBN)

Democrats Getting Spooked on Spending
(DBN)

U.S. Debt Bomb's Detonation Sped Up By Five Years
(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:

New home construction sinks 10%
(DBN)

How You Would Have Known That New Housing Starts Were Going To Be A Disaster
(DBN)

Builder Survey Reports New Home Sales Down 27% in May
(DBN)

Impact of CRE Distress Varies Widely Market to Market
(DBN)

Commercial Mortgage Delinquency Rates Rise for All Investor Group
(DBN)

55-75% of HAMP Mods Could Re-Default under Fitch Projections
(DBN)

Revenge of the Mortgage Lenders: They’re Coming after Strategic Defaulters
(DBN)

Mortgage Applications Rise Nearly 18 Percent
(DBN)

Fannie, Freddie Plunge After Moving to Delist Shares
(DBN)

The Bailout Of Fannie And Freddie Has Cost $145 Billion So Far. What's Next?
(DBN)

Feds rip up Fannie-Freddie lottery tickets
(DBN)

Former Taylor Bean Chief Farkas Charged With Fraud
(DBN)

Wall Street Rating Agencies See Improving Outlook for REITs
(DBN)

California Coastal Gets $182 Mln. Financing To Help Exit Bankruptcy
(DBN)

Home-Buyer Psychology Changes, Fuels Rental Market
(DBN)

Citi Halts Some Foreclosures Near Gulf Spill
(DBN)

Fannie Suspends Some Mortgage Payments in Oil Spill Wake
(DBN)

Senate Votes to Extend Home Tax Credit Deadline
(DBN)

More Sales, Higher Prices May Indicate Shift in California Housing Market
(DBN)

Mortgage Defaults, Foreclosures Drop Across California
(DBN)

Accelerating Jumbo Mortgage Delinquencies Will Bash High-End Property Values
(DBN)

_____________

Oil/Gas:

Now It's Up to 2.5 Million Gallons of Oil a Day into the Gulf
(DBN)

President Obama finally meets with BP brass
(DBN)

BP to set up $20 billion fund for Gulf oil spill victims
(DBN)

BP Oil Escrow Deal Already Stalled
(DBN)

BP Fund Is A Recipe For Fraud
(DBN)

Details of BP's $20 Billion Spill Bill
(DBN)

White House Fact Sheet Details Agreement With BP
(DBN)

BP Suspends Its Dividend For The Year
(DBN)

Is BP Getting Off Cheap, Paying Only $20B?
(DBN)

BP's Hayward to Get 'Sliced and Diced' by Congress
(DBN)

BP Chairman: We Care About the 'Small People'
(DBN)

Tony Blair for BP Chair?
(DBN)

5 Victories Against BP at White House Meeting
(DBN)

Ken Feinberg (Who Else?) To Handle Oil-Spill Escrow Fund
(DBN)

Ken Feinberg: the 'Walter Cronkite' of the BP Oil Spill
(DBN)

A BP Potpourri: Legal Links and Updates
(DBN)

Why the US wants a healthy BP
(DBN)

PIMCO's Gross says bought $100 million of BP debt
(DBN)

Wall St. Bets Big on BP Default - Credit-default swaps predict 39% chance of failure
(DBN)

BP Opens Second Containment System
(DBN)

BP Starts Burning Oil From Gulf Gusher
(DBN)

BP Gulf Well Gushing as Much as 60,000 Barrels a Day
(DBN)

History Shows BP Will Survive and Prosper After Oil Spill
(DBN)

Foreign Registration of Rigs
(DBN)

More Dirty Details From The BP Mole
(DBN)

$100 Oil Now Possible
(DBN)

How low will BP's stock go?
(DBN)

Ron Paul on Oil Spill: Don't Blame Obama
(DBN)

The rise of BP
(DBN)

______________

Municipalities:

Pension Bonds Are A Disaster As State & Local Borrowing Hits Record High
(DBN)

Crisis time for state-sponsored pensions
(DBN)

Doomsday clock moves closer to midnight for Yonkers
(DBN)

______________

Celebs:

“Double Exposure” Illustrates Stars’ Lavish Lifestyles
(DBN)

______________

Tax:

Swiss Parliament Passes UBS Bill, But the IRS Doesn’t Yet Have Names
(DBN)

Swiss Give Final Approval to UBS Tax Deal
(DBN)

______________

Newspapers:

Judge in Tribune case orders info from JPMorgan
(DBN)

______________

 

New Bankruptcy Opinions
(No 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)

______________

Bankruptcy Statistics:

May Consumer Bankruptcy Filings Up 9% from last year
(DBN)

______________

Bankruptcy Reform:

The Case for Allowing Modification of Home Mortgages in Bankruptcy
(DBN)

Fed's Plosser: International Bankruptcy Court For Banks Doable
(DBN)

______________

Corporate Reform:

Lawmakers Weigh Changes to SEC Authority, Investor Protections
(DBN)

Fed's Plosser: Reform Legislation Passage Not End Of The Process
(DBN)

Even a Jedi Couldn't Save This Financial Reform Act
(DBN)

Sen. Lincoln Caving on Derivatives
(DBN)

Slouching toward financial reform
(DBN)

______________

Derivatives:

The Coming Financial Meltdown
(DBN)

______________

AIG:

Bailout Nation Will Thrive as Long as AIG Lives
(DBN)

SEC said to end probe of AIG and executives
(DBN)

______________

Hotels:

Extended Stay Creditors, Starwood Ask to File Plan
(DBN)

______________

Fraud:

Scott Rothstein law partner Stuart Rosenfeldt must sit for deposition by July 2
(DBN)

Man charged in $1.9B scheme tied to downfall of Colonial Bank
(DBN)

IG Says SEC May Have Been Lenient with ‘Prominent Law Firm’ Due to Claimed ‘Significant Ties’
(DBN)

______________

Banking:

Shutting the Doors: A Decade of Bank Failures
(DBN)

Congress Raises FDIC Limits to $250,000
(DBN)

The End of Free Checking?
(DBN)

______________

Aviation:

United/Continental grilled on merger in US House
(DBN)

American Airlines: Pay More, Board Early
(DBN)

Congressmen may bring back airline regulation
(DBN)

Spirit pilots ready to fly again
(DBN)

______________

Gambling:

Hedge fund places a big bet on Las Vegas casinos
(DBN)

______________

Baseball:

Lenders Want Trustee For Rangers
(DBN)

Rangers mediation canceled
(DBN)

Texas Rangers Sale Under Attack by Hedge Fund Creditors
(DBN)

______________

Credit Cards:

The Symmetry of the Interchange Debate
(DBN)

______________

Sovereigns:

The U.S. Is The Weakest Sovereign Debtor Of Them All
(DBN)

______________

UK:

UK Unemployment Rises
(DBN)

Creditors to be hit by IS system upgrade
(DBN)

Troubled Vantis must now weigh up its options
(DBN)

Restrictive bank covenants keep the Big Four on top
(DBN)

Business confidence hits new low
(DBN)

______________

EU:

Euro Soars as Spain Fears Ease
(DBN)

EU leaders seek tighter economic policy coordination
(DBN)

______________

Canada:

Movie Gallery Canada is Now Liquidating Merchandise in All of Its 181 Stores
(DBN)

______________

Spain:

Spain May Cut Income 30% for Operating Solar Plants - May bankrupt hundreds of companies
(DBN)

Spain Moves on Labor Reforms
(DBN)

Cost of Debt Raises New Fears About Spain
(DBN)

Bank Run in Spain and Its Destabilizing Ramifications for the Entire EU
(DBN)

______________

France:

France Raises Retirement Age
(DBN)

______________

Germany:

German Public Banks Fight Publication Of Stress Test Results
(DBN)

______________

Middle East:

Multi-million Dollar litigation launched in battle for the assets of The International Banking Corporation BSC (In Administration)
(DBN)

______________

 

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