June 22, 2010

The Daily Bankruptcy News

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Law:

WilmerHale Lawyer Helped BP Negotiate a Few Concessions in White House Talks
(DBN)

Skadden Needs Interviewees to be More Prepared Than Its Hiring Partner
(DBN)

Mayer Brown: Latest Firm Reportedly Considering Expansion
(DBN)

Rebound seems to be under way at law firms
(DBN)

5th Circuit Finds Bankruptcy Judges Can Certify Class Actions but Nixes Wells Fargo Class
(DBN)

9th Circuit Lifts Attorney Sanctions
(DBN)

Heavyweight Clash: Bob Diamond Vs. Jones Day's Bob Gaffey
(DBN)

Arent Fox Adds 4 Partners, 5 Other Lawyers From 2 Firms
(DBN)

BigLaw: Top Five Ways to Prevent Your Law Firm From Making You Fat (Hint: Put Down That Cupcake)
(DBN)

Supreme Court Affirms Ban on Aiding Groups Tied to Terror
(DBN)

Chaos Continues at Debt Collection Law Firm Now in Receivership
(DBN)

BigLaw Still Not Supporting Working Virtually
(DBN)

Dechert Trades Help Desk for Keno Kozie
(DBN)

Faces of Deal Lawyers: Relationships and greenfields
(DBN)

‘Powerful Sisterhood’ of Lawyer Cancer Survivors Tell Their Stories Online
(DBN)

Stores’ Treatment of Shoplifters Tests Civil and Legal Rights
(DBN)

Racially Skewed Juries A Persistent Problem
(DBN)

The Apprentice Hits Big Law
(DBN)

The 3L Desperately Seeking Perfect Boss on Craigslist Has an Interview
(DBN)

How Law Schools Can Produce Happier Students and Satisfied Lawyers
(DBN)

Iran issues warning to 62,000 'badly veiled' women
(DBN)

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Judges:

High Court Restricts Judges' Role in Deciding Arbitration Fairness
(DBN)

More On Kagan’s Harvard-Military Controversy
(DBN)

Kagan E-Mails Reveal a ‘Sharp-Elbowed and Sometimes Salty-Tongued Lawyer’
(DBN)

Conservatives, Liberals Wary of Kagan on Abortion
(DBN)

Republicans Indicate Kagan Could Still Face Filibuster
(DBN)

When Ideology in Supreme Court Confirmations Goes Too Far
(DBN)

More on ‘Clarence Thomas in 2012′
(DBN)

9th Circuit Has a Bad Day in the Supreme Court
(DBN)

Husband Kills Judge in Apparent Murder-Suicide
(DBN)

Judge Settles Med Mal Cases with a Measure of Sympathy
(DBN)

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Wall Street:

US Stock-Index Futures Retreat on Concern About Recovery
(DBN)

Brace For Dismal Earnings Season on Wall Street
(DBN)

Wall Street ends lower as China yuan euphoria fades
(DBN)

Goldman Sachs Exhibits Impeccable Timing in Dumping BP Stock
(DBN)

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Layoffs:

The Undeserving Unemployed
(DBN)

Rand Paul To Unemployed: Quit Whining And Get Back To Work
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

Survey Finds Jump in Health Insurance Cost for Individuals
(DBN)

Hospital's owners paid lobbyists as tax bill rose
(DBN)

Ardent, Forum Fire Back at Creditors; Strickland Sees Deal as Best Solution
(DBN)

Number of uninsured adults in U.S. continues to climb
(DBN)

Medicare ‘Doc Fix’ Watch: Pelosi Says Not So Fast, Senators!
(DBN)

LifePoint purchase of Sumner Regional Health Systems is delayed
(DBN)

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Defaults:

Fitch: US High-Yield Defaults Tumble, But Concerns Remain
(DBN)

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Personal Finance:

New Bank Fees: How to Fight Back
(DBN)

Business Loan Personal Guarantees Might Not Fade Away
(DBN)

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Finance:

The Credit Crunch That Won't Go Away
(DBN)

Junk-Bond Market Creaks Open
(DBN)

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Lehman:

Lehman Trial for Barclays 'Windfall' Resumes in Manhattan Court
(DBN)

Barclays accused of undervaluing Lehman assets
(DBN)

Lehman Brothers 'unaware of Barclays windfall'
(DBN)

Lehman's Fuld Asked Barclays Three Times to Buy Firm
(DBN)

Bob Diamond - 'A Witness That Needs To Have The Leash Held Tightly'
(DBN)

Lehman Left In The Dark After Barclays Sale, Exec Says
(DBN)

Lehman Appeal Over Segregated Funds May Cut Payouts
(DBN)

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Packaging:

Smurfit Stone cleared to exit bankruptcy
(DBN)

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Baseball:

More Turns in Rangers Bankruptcy
(DBN)

On Eve of Judge's Decision Concerning Rangers' Sale, a Debate Over the Consequences
(DBN)

Rangers' sale preoccupies Pittsburgh attorney
(DBN)

Rangers' bankruptcy battle impacts MLB
(DBN)

Ranger Roy?
(DBN)

With Bankruptcy Ruling on Horizon for Texas Rangers, Could Potential Stars Sale Still be Affected?
(DBN)

Setting the Table? Judge in Texas Rangers Case Approves Disclosure Statement
(DBN)

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Debt Collection:

Closed debt-collection law firm still collecting money
(DBN)

Law Firm Collection Letterhead Can be an FDCPA Violation, Judge Rules
(DBN)

State Amendments on Court Fees Would Hurt Large Debt Collection Law Firms
(DBN)

No Turnaround in Sight: Credit Card Debt Falls 12 percent in April
(DBN)

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Horse Racing:

Magna Entertainment Corp. files twenty-seventh default status report
(DBN)

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Retailing:

Loehmann's Finally Notices It Needs a Turnaround Plan
(DBN)

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Tech:

The Odds Are Increasing That Microsoft's Business Will Collapse
(DBN)

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Derivatives:

Should Derivative Reform Include End Users?
(DBN)

______________

Shipping:

Trans-Pacific Container Market Surging
(DBN)

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Economy:

Fed to Keep Rates at Record Lows on Risks
(DBN)

CBO: Middle Class -- Not Rich or Poor -- Pay Majority of Fed Taxes
(DBN)

A nation of risk-takers reverses course, hoards cash
(DBN)

The "Lesser People" and the Stealth Baby Boom
(DBN)

Those Phoney Government Forecasts
(DBN)

Zombies Have Already Killed The Deficit Commission
(DBN)

Inflation for Dummies
(DBN)

White House Budget Chief is Leaving
(DBN)

The Problem With Paul Krugman's Plan To Fix Our Massive Debt And Deficit Disaster
(DBN)

Changing Goals as Recession Takes Toll
(DBN)

The Rebound In Consumer Spending Is Just The Result Of People Not Paying Their Mortgages?
(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:

Government Still Struggling With Mortgage Modifications
(DBN)

Troubled borrowers get help outside Obama mortgage plan
(DBN)

Investors Worry About CRE Debt Coming Due, Survey Says
(DBN)

Regulators to Turn Critical Eye on Mortgage Originator Compensation
(DBN)

The Ultimate Taboo: The Overhaul of Fannie Mae and Freddie Mac
(DBN)

California Coastal Gets OK To Proceed With Bankruptcy Loan
(DBN)

Does the Housing Market Need a Pep Rally?
(DBN)

'Strategic defaults' pose new threat to residential market
(DBN)

Foreclosures Disproportionately Affecting Minority Borrowers
(DBN)

Home Sales Traffic Plunged in May
(DBN)

Bill won't help strategic defaults
(DBN)

Landmark developer accused of misusing improvement funds
(DBN)

Bankruptcy Court Could Clear Way for Quebecor Demolition to Resume
(DBN)

College City Homes liquidation sign of times for banks
(DBN)

A Housing Price Collapse In Queens NY Is Almost Certain
(DBN)

Mastro properties up for sale; unsecured investors to benefit
(DBN)

Beardsley to sell real estate as part of reorganization
(DBN)

Real Estate Fraud: Why Is It Becoming More Common?
(DBN)

Dancing Bear bankruptcy dismissed
(DBN)

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Municipalities:

Budget Crisis Leaves Los Angeles' $74 Million Jail Empty
(DBN)

CA State Budget Comes Up $19B Short
(DBN)

State considering digital license plates - could display ads at red lights
(DBN)

You've seen the stimulus. Now, meet the anti-stimulus.
(DBN)

NJ's poison pensions
(DBN)

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Oil/Gas:

Feinberg Talks of Criteria for Gulf Oil Claims, Says Lawyers Not Needed
(DBN)

BP Falls as Cost of Oil Spill Reaches $2 Billion
(DBN)

BP shares fall as Oppenheimer cuts price target
(DBN)

BP's Bankruptcy Would Impair 117 (18% Of Total) Collateralized Synthetic Obligations, Lead To Pervasive Losses
(DBN)

Death by (collateralized) BP association
(DBN)

BP Managed to Blunt U.S. Demands
(DBN)

BP's Oil Recovery Rate in Gulf Increased 11 Percent
(DBN)

Our Magical Thinking on Energy
(DBN)

By the numbers: Oil leak wouldn't fill Superdome
(DBN)

Obama oil spill commission picked for their politics, not engineering skill
(DBN)

Tarballs found on beach at Panama City
(DBN)

Leak found on rig 'weeks before blast'
(DBN)

Regulators Failed to Address Risks in Oil Rig Fail-Safe Device
(DBN)

Markey Will Demand Oil Companies Rewrite Spill-Response Plans
(DBN)

Tony Hayward Gets His Life Back
(DBN)

Tony Hayward will get £10.8m pension if he steps down
(DBN)

BP CEO Cancels Appearance at Major Oil Conference
(DBN)

Here's What Oil Industry Insiders Are Gossiping About The Oil Spill
(DBN)

Coast Guard Seizes 30,000 Pounds Of Oil-Tarnished Shrimp
(DBN)

The BP Spill and the Bermuda Triangle
(DBN)

Oil Spill Taking a Toll on Fla. Tourism
(DBN)

Donald Trump the next Red Adair?
(DBN)

Gulf rig owner criticizes Obama's drilling halt
(DBN)

Top 10 Ridiculous Oil-Spill Quotes From Congress
(DBN)

Should BP still be allowed to drill?
(DBN)

Nations step up drilling oversight after BP oil disaster
(DBN)

Here Is What Is Really To Blame For The BP Mess
(DBN)

Panel Is Unlikely to End Deepwater Drilling Ban Early
(DBN)

Judge to rule on challenge to Obama drilling ban
(DBN)

Deep Water Oil Drilling Likely to Continue
(DBN)

Anadarko Asks Court to Cancel Rig Contract Over Ban
(DBN)

Anadarko Would Take Huge Hit If Forced To Pay Into BP's $20 Billion Oil Spill Fund
(DBN)

Anadarko Debt Costs Rise on Liability Concerns
(DBN)
s

Don't Take Anadarko Lightly
(DBN)

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Banking:

A Little Kryptonite Thrown At The FDIC
(DBN)

Zombie Banks Continue to Suck Taxpayer Cash
(DBN)

Beware of cheap banks for sale
(DBN)

BNP Paribas shares down after Fitch cuts rating
(DBN)

______________

Compensation:

Regulators Push Tougher Pay Policies
(DBN)

______________

Newspapers:

Community Newspaper Owner Balks at Tribune License Transfer
(DBN)

______________

Student Debt:

New Tools Find Cheap Private Student Loans
(DBN)

______________

Celebs:

A Bankruptcy Case Made for TV
(DBN)

Elon Musk, of PayPal and Tesla Fame, Is Broke
(DBN)

______________

Video Rentals:

Blockbuster up for a fight
(DBN)

______________

Hotels:

Owners of Sawgrass Marriott win first round
(DBN)

______________

Aviation:

Air Canada, WestJet enjoy resurgence
(DBN)

______________

Chemicals:

RIL may woo us again, think Lyondell execs
(DBN)

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New Bankruptcy Opinions
(2 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)

______________

Credit Cards:

Supreme Court to Hear Chase Credit - Card Rate Case
(DBN)

Visa, Mastercard Shares Rally On Interchange Rule Agreement
(DBN)

______________

Avoidance Actions:

Bankruptcy trustees seek to recoup $9.6M paid by William J. “Boots” Del Biaggio III
(DBN)

______________

Trade Claims:

Sellers of Goods and Services to Bankrupt Debtor Beware
(DBN)

______________

Class Actions:

Do Bankruptcy Judges Have Class (Certification Ability)?
(DBN)

______________

IP:

Courts are Signaling, but is Congress Listening?
(DBN)

______________

Litigation:

Supreme Court Says Arbitrator Must Resolve Claim that Employment Agreement Is Unconscionable
(DBN)

______________

Gambling:

Station Casinos Judge Refuses to Block Bankruptcy Auction
(DBN)

Bass Brothers Targeted in Las Vegas Resort's Reorganization
(DBN)

$1.2 billion in Fontainebleau construction permits pulled
(DBN)

______________

Ethanol:

Hawkeye ethanol unit exits from bankruptcy protection
(DBN)

______________

Fraud:

Madoff May Have Stashed $9 Billion, Says Chatty Fellow Inmate
(DBN)

Goldman has until mid-July for SEC response
(DBN)

S.E.C. Accuses Firm of Fraud in Mortgage Deals
(DBN)

Kim Rothstein wants her jewelry back
(DBN)

Rothstein case attorneys battle over assets for victims
(DBN)

Judge: Slaughterhouse manager will get 27 years
(DBN)

Kerviel Could Have Forced SocGen Into Bankruptcy, Trader Says
(DBN)

Hecker debacle embroils pals' bank
(DBN)

______________

Corporate Reform:

Democrats Agree to Putting Consumer Watchdog at Fed
(DBN)

Financial Overhaul Bill: What’s on the Agenda?
(DBN)

Financial Overhaul: The Tough Questions
(DBN)

The academic solution to financial reform
(DBN)

Hollywood Tacks Fix to Banking Bill
(DBN)

Seven Big Bank Reforms Yet be Resolved
(DBN)

______________

Autos:

Automakers Credit Quality at Risk
(DBN)

2 Colorado Chrysler dealers win at arbitration
(DBN)

How One GM Dealer Refused to Be Wound Down
(DBN)

Automakers pare paychecks
(DBN)

______________

Miscellaneous:

Smurfit, Rubicon, Philly Papers, Morton, Abitibi, Brookstone: Bankruptcy
(DBN)

______________

Education:

Bankruptcy Judge to Determine Value of Trinity Christian School
(DBN)

______________

Photography:

Polaroids by Warhol, Adams being auctioned
(DBN)

Ansel Adams star of Polaroid auction
(DBN)

______________

Pensions:

Nortel Seeks to Terminate US Retirees' Benefits in August
(DBN)

______________

Theme Parks:

Six Flags cuts workforce, 3 top executives
(DBN)

Six Flags stock returns to NYSE
(DBN)

______________

Consultants:

The Garden City Group, Inc., Launches Rebranding Initiative
(DBN)

______________

Awards:

Chambers Ranks Bankruptcy Practice Area at Arnall Golden
(DBN)

______________

UK:

Departing R3 head warns HMRC's Time to Pay is abused
(DBN)

Jon Moulton makes u-turn on pre-packs
(DBN)

Insolvency forum challenges pre-pack transparency
(DBN)

______________

EU:

EU Moves Toward Broad Stress Test Disclosure
(DBN)

______________

Canada:

Canada's economy suddenly the envy of world
(DBN)

Gatineau investment firm owners declare bankruptcy
(DBN)

Asper willing to bid on Canwest TV assets
(DBN)

______________

Germany:

Germany Rejects Obama's Call on Growth, Stoking G-20 Conflict
(DBN)

______________

China:

China close to catching US in manufacturing
(DBN)

How China Manages its Currency: An Explanation for Humans
(DBN)

Yuan News Flicks Risk Switch On
(DBN)

Asset-by-Asset: What Does Yuan News Mean?
(DBN)

Treasury’s Not Enjoying Yuan Ride
(DBN)

Credit Markets Welcome Yuan Move
(DBN)

Yuan Impact: General Manufacturing
(DBN)

China buys Greek when no one else will
(DBN)

Capsule apartments
(DBN)

Chinese Real Estate Bubble Creating New Crisis For Single Males
(DBN)

______________

Russia:

Russia Cuts Gas Supplies to Belarus Over Debt
(DBN)

______________

France:

Le Monde on The Brink
(DBN)

______________

Germany:

Germany's Ifo business climate index rises in June
(DBN)

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