June 24, 2010

The Daily Bankruptcy News

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Law:

To lawyers, BP's PR strategy isn't puzzling
(DBN)

Baker & McKenzie Rescinds Offers to 11 Deferred N.Y. Associates
(DBN)

Thorp Reed Lays Off Several Attorneys, Support Staff
(DBN)

On the Set of Lathamed: The Movie
(DBN)

Lehman Brothers Pays Its Bankruptcy Advisers $830.6 Million
(DBN)

Are Contract Attorneys Getting Blacklisted?
(DBN)

Survey Warns of Pending Partner Bloodbath: Over 33% of Responding Law Firms May De-equitize
(DBN)

What Law Schools Move to Adjust Grades Up Says about the Profession
(DBN)

Staff Layoff Watch: Jones Day Also Cuts in Cleveland
(DBN)

Jones Day Lays Off More Staffers, But Is ‘Poised for Additional Growth’
(DBN)

Veterans of 1990's Recession Dust Off Their Skills
(DBN)

Former Mayer Brown Litigation Co-Chair Is Latest BigLawyer to Leap to BuckleySandler
(DBN)

Dewey Wades Into Arizona Immigration Controversy
(DBN)

Toyota Wants Curb on Court Expert Witnesses
(DBN)

In-House Counseling: I Heart Law!
(DBN)

Taking It in the Neck, Headhunters Slash Fees
(DBN)

Proskauer GC Stephen Krane, 53, Suffers Fatal Heart Attack
(DBN)

Survey Says: You're Not a Partner Anymore
(DBN)

Winners of First Annual Big Law Webbies
(DBN)

Super-Remorseful Attorney Gets Less Time for Mortgage Fraud
(DBN)

Fla. Court Tosses Out $522 Million Verdict Against Accounting Firm
(DBN)

Christopher Coke Captured, Manatt Phelps Speaks Out
(DBN)

Yes, Prince Called His Lawyers Con Artists, No, They Can't Sue Him
(DBN)

Plaintiffs Claim Law Firm Took $5M from Prudential to Steer Them to ADR
(DBN)

Bingham's Harlem "Class" Graduates From Elementary School
(DBN)

Good Girls Rarely Make Great Lawyers
(DBN)

Plaintiff Lawyer, takes the money & becomes beer brewer
(DBN)

Divorce Lawyer Changes Approach After Her Own Marriage Crumbles
(DBN)

The Lord And A Million Serfs
(DBN)

Woman steals cars, leads officers on chase
(DBN)

Boss of the Year - Not
(DBN)

______________

Judges:

Oil Drilling Moratorium Judge Described as Fair, 'Terrifying'
(DBN)

Judicial Independence, Autonomy, and the Bankruptcy Courts
(DBN)

Kagan Hearing Gives Nominee the Chance to Make Good on Her Call for Candor
(DBN)

As Elena Kagan shows, you need to lose your heart, brain, and courage to get on the Supreme Court
(DBN)

Former Supreme Court Clerks Urge Confirmation of Kagan
(DBN)

Bork Takes Aim at Kagan's 'Judicial Hero'
(DBN)

Kagan Submits Updated Financial Disclosure
(DBN)

Rakoff: I Hoped to Send Message with BofA-SEC Settlement Decision
(DBN)

Judge Says His Affair With His Bailiff Wasn't Unethical
(DBN)

Unanswered Question in Husband’s Apparent Murder of Judge: Why
(DBN)

Judge of the Day: Judge Mark Bennett of Iowa Is ‘Underwhelmed’ By East Coast Law Firms
(DBN)

An Evening With Judge Kozinski
(DBN)

______________

Wall Street:

Stock futures fall on economic growth worries
(DBN)

European Stocks Decline; Greece, Portugal, Spain Lead Retreat
(DBN)

Goldman Sachs EPS Estimate Slashed 63% by Barclays Capital
(DBN)

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Layoffs:

Senator scales back COBRA subsidy extension plan
(DBN)

More CEOs plan to hire this year
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Newspapers:

Tribune Examiner Seeks More Time for Probe of Alleged Fraudulent Transfer
(DBN)

Bankruptcy judge to hear arguments in pending sale of Philadelphia Inquirer
(DBN)

______________

Examiners:

Tribune Examiner: This'll Take a Bit Longer
(DBN)

______________

Health Care:

St. Vincent's postmortem: Why Village hospital died
(DBN)

Judge to okay Sumner hospital sale; attorney general gets final word
(DBN)

______________

Baseball:

The Brilliance of the Texas Rangers Ruling
(DBN)

Apparently, Judge's Ruling in Rangers Chapter 11 Case is the Rorschach Inkblot of Sports
(DBN)

Court Appoints Officer To Make Final Call On HSG's Rangers Sale
(DBN)

Ryan 'confident' his group will be Rangers owners
(DBN)

Rangers Win Again on Field, Stumble Again in Court
(DBN)

______________

Pensions:

Nortel seeks to terminate U.S. retirees' benefits
(DBN)

PBGC takes responsibility for Penn Traffic plans
(DBN)

______________

Retailing:

Circuit City, creditors get more time to agree on liquidation plan
(DBN)

Mag mile vacancy rates: Mag Mile on the mend
(DBN)

TXU Gives Away Worthless Gift Cards
(DBN)

______________

Celebs:

Actor Robert Blake Hit with $1.1 Million Tax Lien
(DBN)

Kwame Kilpatrick indicted on federal fraud and tax charges
(DBN)

______________

 

 

 

Economy:

Fed Leaves Rates Unchanged, Citing Overseas Threats
(DBN)

Fed Strikes More Cautious Tone on US Recovery
(DBN)

Business leaders say Obama's economic policies stifle growth
(DBN)

Business leaders still cautious about economy
(DBN)

Chief Executives in US Turn More Optimistic on Sales, Jobs
(DBN)

Merkel Tells Obama Spending Cuts to Boost Economy, Not Put Brake on Growth
(DBN)

Halfway Back to Lehman: New Report Shows Financial Conditions Tightening Sharply
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

New home sales plummet to record low
(DBN)

The Real Story Behind Record Home Sales Collapse
(DBN)

Late Payments Down, but More Foreclosures
(DBN)

Real-estate deals found in bankruptcy court
(DBN)

Housing crisis and changing credit scores will be hitting Americans' pocketbooks for a long time
(DBN)

Mortgage Application Volume Falls off Last Week
(DBN)

Lennar swings to profit, new orders drop 10%
(DBN)

Mortgage Bond Prices Rise to 'Insane' Records
(DBN)

Some Mortgage Mods Work! At Least for a While
(DBN)

Housing: How Bad Will It Get?
(DBN)

Prison inmates among those abusing home buyer tax credit
(DBN)

IRS Audits Block 10% of First-Time Homebuyer Credits
(DBN)

Fannie Mae To Deny New Mortgages To Some Defaulters For 7 Years
(DBN)

Tarragon Reorganization Gets Court’s OK
(DBN)

Dueling lawsuits filed in battle over Philly Family Court development site
(DBN)

Nonprofit developer files for Chapter 11
(DBN)

Future Construction Indicator Hits Bump In the Road
(DBN)

Some Leveraged CRE Owners Beginning to Find Rescue Capital for Troubled Assets
(DBN)

CRE Markets Have Moved Away from the Edge, but Not Out of Trouble
(DBN)

Investors Concerned Shadow Supply of Distress Could Add to Delinquency Troubles
(DBN)

_____________

Municipalities:

Maywood to lay off all city employees, dismantle Police Department
(DBN)

In Alabama, a Sewer Bond Looks Less Toxic
(DBN)

Swap 'Till You Drop'
(DBN)

______________

Oil/Gas:

BP Removed Cap on Leaking Gulf Well, Allen Says
(DBN)

BP sued by nation's No. 3 public pension fund
(DBN)

Would A Bankrupt BP Do More Damage Than Lehman?
(DBN)

'Reasonably high' chance BP files for bankruptcy
(DBN)

BP Creates New Organization, Headed by Dudley, to Deal With Spill Response
(DBN)

How Hornbeck fought the drilling moratorium
(DBN)

Oil Spill Estimate: $60 Billion-Plus
(DBN)

BP Gulf of Mexico Spill Liability Reaches $1.1 Billion a Day Rate
(DBN)

Federal Gov't Halts Sand Berm Dredging
(DBN)

A Dead Zone Was Already in the Gulf
(DBN)

New York Aims to Lead Investor Litigation on BP Spill
(DBN)

The government is preparing a devastating report on undersea oil plumes
(DBN)

Well containment cap removed after collision with robotic submarine
(DBN)

New Drilling Agency Will Have Investigative Arm
(DBN)

Raining oil in Louisiana?
(DBN)

Thick pools of oil wash up along north Fla. coast
(DBN)

Gyppo
(DBN)

Gulf oyster shortage hits Red Lobster’s menu
(DBN)

Republican Who Says Feds Staged BP Explosion Wins North Carolina Primary
(DBN)

Joe Barton Just "Unapologized" For Apologizing To BP
(DBN)

Amid the Gulf crisis, Wall St touted BP stock
(DBN)

______________

Lehman:

Barclays Chief Says Lehman Deal Had to Have 'Buffer'
(DBN)

Fierce questions as Lehman takes on Barclays
(DBN)

Search Of Lehman Brothers E-Mails Suggests Words, Phrases To Avoid
(DBN)

Lehman Releases Barclays Witness Interviews in `Windfall' Recovery Bid
(DBN)

______________

Autos:

GM Said to Prepare IPO Plan With Treasury Selling 20%
(DBN)

GM calls a financial summit in preparation for IPO
(DBN)

GM Gets Ready to Snake Public on IPO
(DBN)

Hitler Begged Mercedes for a Car Loan
(DBN)

______________

Art:

$120M art swindler dodges jail for now
(DBN)

______________

Hotels:

Judge approves Extended Stay disclosure statement
(DBN)

Capitol Plaza operator files for bankruptcy
(DBN)

______________

Defaults:

Commercial defaults could be our undoing
(DBN)

______________

Horticulture:

Century-old gardening center files bankruptcy to reorganize
(DBN)

______________

Banking:

Private Equity And Failed Banks: The Stiff Arming Continues
(DBN)

______________

 

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 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:

US bankruptcies fall; restructuring pros scramble
(DBN)

U.S. Bankruptcies Fall By More Than Half in 2010
(DBN)

______________

Accounting:

Florida Appeals Court Tosses $522 Million Accounting Verdict
(DBN)

______________

Corporate Reform:

Sue Wall Street like we sued tobacco. Hmmmmmm.
(DBN)

Elizabeth Warren fights for consumer financial protection
(DBN)

House members of panel drop demand for bank fund
(DBN)

Blanche Lincoln Seeks Carve-out for Arkansas Bank
(DBN)

Senators Want Limits on Banks' Proprietary Trades
(DBN)

Auto Dealers Could be Exempt from Oversight
(DBN)

The CFPB Auto Dealer Exemption--A Reminder of the Why We Should be Worried
(DBN)

Volcker Rule Dropkicked from Reform Bill
(DBN)

Abolish the SEC?
(DBN)

______________

Gambling:

Judge OKs Twin River reorganization plan
(DBN)

______________

Fraud:

Kerviel - It’s The Culture, Stupid
(DBN)

Prosecutor in Hecker case says new indictment coming
(DBN)

______________

M&A:

Retail M&A and IPOs stall, investors balk | Reuters
(DBN)

______________

Miscellaneous:

Wind Hellas, Lehman, Hubbard Trusts, UK Data: Bankruptcy
(DBN)

Broadstripe, Tousa, Delta Air, Almatis, Point Blank: Bankruptcy
(DBN)

Prairie State wins grant for bankruptcy software
(DBN)

Bankruptcy judge frees some funds to let ex-CalPERS official Villalobos run business
(DBN)

______________

Awards:

Cadwalader Cleans Up at Atlas Awards
(DBN)

Cooley Bankruptcy Practice Earns Top Honors at Atlas
(DBN)

______________

Photography:

Bidders Snap Up Polaroid Images
(DBN)

______________

Food/Drink:

City Aims To Install Food Carts At Tavern On The Green
(DBN)

______________

Private Equity:

American Capital debt restructuring to go through
(DBN)

______________

Shipping:

New Container Prices Hit 19 Year High
(DBN)

______________

Valuation:

Bankruptcy sale found insufficient to support assessment reduction
(DBN)

______________

Chemicals:

Trustee Calls On Tronox To Disclose Fees Paid To Lenders
(WSJ: separate paid subscription required)

______________

Apparel:

Obama suit-maker's owners dispute report of local plant risk
(DBN)

______________

UK:

Blackburn and Scotland star Colin Hendry bankrupt
(DBN)

______________

EU:

European surveys fuel growth slowdown fears
(DBN)

Soros Says Germany 'Is the Main Protagonist' in Euro's Crisis
(DBN)

Soros says the euro is a flawed construct
(DBN)

Soros Says Europe's Banks Haven't Been 'Cleansed' After Crisis
(DBN)

Doubts on Durability of Euro Zone Recovery
(DBN)

______________

Canada:

Canwest TV Sale to Shaw Communications Wins Approval
(DBN)

Canwest, shareholders resolve TV sale dispute
(DBN)

______________

Asia:

Asia's wealthy surpass Europe's for first time
(DBN)

______________

Greece:

Soros: Greece must catch tax cheats to master debt
(DBN)

Greek-German Yield Spread Widens on Risk Aversion
(DBN)

______________

Australia:

Bankruptcy laws modernized
(DBN)

______________

Spain:

Fitch Doesn’t Anticipate Further Spain Downgrades
(DBN)

______________

Argentina:

Argentine 'Unpredictability' to Repel Investors After Debt Swap
(DBN)

______________

Middle East:

New Reorganization Law Imminent in United Arab Emirates
(DBN)

______________

 

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