June 28, 2010

The Daily Bankruptcy News

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Law:

More Bad News on Jobs Front
(DBN)

BigLaw Speed Dating
(DBN)

Last Week in Biglaw
(DBN)

Bankruptcy Judge Scolds Latham Attorney Over Disclosure Of Fee
(DBN)

Attorney Incivility Report Bemoans Tardiness, Eye-Rolling & ‘Dismissive Body Language’
(DBN)

Zombie Firm Attacks!: Will Sue Former Partners for Past-Paid Draws, Change in Their Couch
(DBN)

Michigan Encourages Law Grads to go to India
(DBN)

Halliwells’ assets up for grabs as firm goes into administration
(DBN)

Halliwells files for administrator as Hill Dicks talks reach critical stage
(DBN)

Halliwells trainees face uncertain future as firm files for administration
(DBN)

Every Fortune 100 Company Returned Its Survey in US News Effort to Rank Law Firms
(DBN)

District Attorney Looking for Lawyers — Free Lawyers, of Course
(DBN)

DLA Piper Adds Bankruptcy Of Counsel
(DBN)

Lawyers, Start Your Billing Clocks: Financial Overhaul Legislation Nears Passage
(DBN)

Pls Hndle Thx: Eenie Meenie Miney Mo
(DBN)

Attorney Reprimanded For Attempt To Embarrass Opposing Party
(DBN)

Unethical For Bankruptcy Attorney To Buy The Farm
(DBN)

New York Judge Signs Off on Hefty Legal Fee
(DBN)

Huge DRAM Settlement Could Have Been $100 Million Higher
(DBN)

Holland & Knight renews, sheds Boston space
(DBN)

BP lawyers: A Slicky Situation
(DBN)

Oregon Supreme Court Tosses Out $100 Million in Punitives Against Philip Morris
(DBN)

Businessman Says Troutman Sanders Partner Soaked Him for 'Hundreds of Millions'
(DBN)

NY Firm Wins Again in $500 Million Malpractice Case
(DBN)

NY State Bar to Consider, Propose Changes to Legal Profession
(DBN)

The Fed's Master Craftsman
(DBN)

Martin Ginsburg, Noted Tax Lawyer and Husband of Justice Ginsburg, R.I.P.
(DBN)

Five Bolt Troubled Hollywood Firm to Launch Start-Up
(DBN)

The Diversity Score
(DBN)

Everett Gaskins firm splitting up after 20 years
(DBN)

Lawyer of the Day: Lawyer-Scammer Gets Scammed — and Has His Scam Unravel
(DBN)

(Female) Employee Bites (Female) Boss
(DBN)

The '12 Most Bizarre Comedian Lawsuits'
(DBN)

Congratulations to Sutherland, Winner of the Battle of the Law Firm Bands!
(DBN)

Tempus fugit
(DBN)

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Judges:

Judge who killed drilling ban a hero in Louisiana
(DBN)

Judge Who Lifted Drill Ban Sold Exxon Shares at Probable Loss
(DBN)

Federal judges ask Supreme Court to hear case on their pay
(DBN)

GOP Keeps Filibuster Option for Kagan
(DBN)

White House Pessimistic on GOP Support for Kagan
(DBN)

Fewer Than 1 in 5 Can Name Kagan as Supreme Court Nominee
(DBN)

Members of Military to Testify at Kagan Hearing
(DBN)

Managing the Kagan Confirmation Hearing
(DBN)

Rummaging Through Elena Kagan’s Email
(DBN)

SCOTUS: A Preview of “Big Monday”
(DBN)

Court to rule on Sarbanes-Oxley and gun rights
(DBN)

News Release Announced Fake Supreme Court Decision
(DBN)

Skadden Adds NY Judge as Litigation Partner
(DBN)

Judges’ Comments at Sentencing Require Do-Overs, Appeals Court Says
(DBN)

In the South, Women Have Made Huge Strides in the State Judiciaries
(DBN)

Judge Indignant over Chief’s Ethics Letter on Law Firm-Sponsored Golf Outing
(DBN)

Inquisitive Judge Interrupts Closing Arguments in Trial of Ex-Arent Fox Partner
(DBN)

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Wall Street:

Stock futures struggle higher
(DBN)

Stocks Shed 2.9% for Week, Led by Energy
(DBN)

Goldman Executives Slated for Hot Seat
(DBN)

Investors braced for worsening picture in the US
(DBN)

Will Wall Street Play by New Rules?
(DBN)

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Layoffs:

Biden: We Can't Recover All the Jobs Lost
(DBN)

COBRA subsidy proposal receives another setback
(DBN)

Eight Big Blunders Job Hunters Make
(DBN)

Today's 20 Fastest-Growing Occupations
(DBN)

Summer Interns: Few Jobs, Modest Pay, Less Partying
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Small Business:

Will Obama's Small-Business Agenda Survive Congress?
(DBN)

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Corporate Reform:

Obama calls for bank tax as next step in reform
(DBN)

The Financial Bill’s $19 Billion Fee
(DBN)

On Finance Reform Bill, Lobbying Shifts to Regulations
(DBN)

Text Of Dodd-Frank Wall Street Reform And Consumer Protection Act
(DBN)

The Dodd-Frank Bill Up Close
(DBN)

Strong Enough for Tough Stains?
(DBN)

Gaping holes in FinReg bill doom reform effort
(DBN)

Will the Bank Overhaul Bill Work?
(DBN)

Ford Wins Exemption to Finance Reform Bill
(DBN)

Economists React to Financial Overhaul
(DBN)

Important Steps, No Cure-All
(DBN)

4 Things Financial Reform Won't Do For You
(DBN)

Obama Urges Bill's Passage
(DBN)

Firms That Hedge May Face New Costs
(DBN)

It’s ‘America the Swift’ in Bank Reform
(DBN)

Financial reform: Who's happy, who isn't and why
(DBN)

'Seriously Ill’ Byrd Could Spell Delay for Financial Regulation Vote
(DBN)

Sen. Robert Byrd of West Virginia dies at 92
(DBN)

Senator's concern may complicate Wall Street bill vote
(DBN)

Charges dropped, but execs' careers left in tatters
(DBN)

Big business's hypocritical country-club nonsense
(DBN)

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Economy:

G-8 Warns Recovery Remains Fragile
(DBN)

The US Pendulum Swings Towards Austerity
(DBN)

World Leaders Agree on Timetable for Cutting Deficits
(DBN)

US warns G20 over recession risks
(DBN)

At Summit, Banks Avoid New Global Regulations
(DBN)

Economic data, bank legislation top agenda
(DBN)

Obama: Global recovery requires level playing field
(DBN)

US Growth Is Revised Downward, to 2.7%
(DBN)

‘Crisis Economics’
(DBN)

US Will Never Have a Balanced Budget Again
(DBN)

On Deck This Week: Jobs Report, June Vehicle Sales, Earnings
(DBN)

Leaders at Summit Talks Turn Attention to Deficit Cuts
(DBN)

Lower Our Taxes
(DBN)

Thatcher-Reagan Reforms Come Under Fire
(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:

Mortgage-Related Litigation Reaches 3-Year High
(DBN)

Cuomo warns dozens of mortgage rescue companies
(DBN)

V.A. Loans Harder to Get
(DBN)

Most Borrowers Would Benefit from Mortgage Refinance, But Can't Qualify
(DBN)

Walk away from an underwater mortgage? Fannie Mae may be on your tail.
(DBN)

The Next Hurdle: Fannie Mae and Freddie Mac
(DBN)

States Get U.S. Funds to Aid Homeowners
(DBN)

KB Home Posts Wider-Than-Expected Q2 Loss
(DBN)

Mortgage Rates Set New Record at 4.69%, So Why Is Demand Weak?
(DBN)

Record low mortgage rates spur high interest in refinancing, sales
(DBN)

Capmark Opposes Creditors' Bid To Probe Loan Refinancing
(WSJ: separate paid subscription required)

Fannie Mae Mortgage Modifications Now Require Proof of Financial Hardship
(DBN)

Freddie Mortgage Portfolio Shrinks in May after Delinquency Buy-Outs
(DBN)

Rust Belt turning foreclosures into forests
(DBN)

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Oil/Gas:

Seeking Answers on Oil Spill as Questions Mount
(DBN)

"No sense" in driving BP into bankruptcy - Feinberg
(DBN)

New Orleans Chef Sues BP Over Damages to Restaurants Selling Gulf Seafood
(DBN)

Top BP Exec Still Says Spill Flow Rate Doesn’t Matter
(DBN)

U.S. Asks Appeals Court to Stay Order on Drilling
(DBN)

Feinberg promises 'claimant-friendly' fund
(DBN)

BP claimants offered route to fast payout
(DBN)

How Much Spill Liability Can BP Pass Off On Others?
(DBN)

BP's Latest Looming Disaster: The Weather
(DBN)

Gulf oil spill: Could 'toxic storm' make beach towns uninhabitable?
(DBN)

Storm Not Aimed at Spill Area
(DBN)

Storm could threaten BP clean-up for 14 days, says Coast Guard
(DBN)

What the Gulf Can't Afford
(DBN)

Cleanup Hiring Feeds Frustration in Fishing Town
(DBN)

Little spent on oil spill cleanup technology
(DBN)

Moratorium Won't Reduce Drilling Risks
(DBN)

Gulf oil spill costs BP billions, but how else could they have spent that money?
(DBN)

BP must not be destroyed, says Cameron as shares hit 14-year low
(DBN)

The Sacrifice
(DBN)

Florida official slams federal oil spill response
(DBN)

Florida braces for oil shift from tropical storm
(DBN)

Is Gulf safe for swimming?
(DBN)

Oil washes onto Mississippi coast for first time
(DBN)

Is Big Oil Turning Against BP?
(DBN)

Six degrees of Oil Patch separation
(DBN)

Hayward's stand-in heckled at London oil meeting
(DBN)

Oil execs in London slam Obama's drilling ban
(DBN)

Moratorium Won’t Stop Unprecedented BP Project in the Arctic
(DBN)

Obama fills oil drilling panel with opponents of offshore exploration
(DBN)

Oil spill's psychological toll quietly mounts
(DBN)

BP Loses Trading-Floor Swagger in Energy Markets
(DBN)

Class Derides BP's 'Culture of Safety'
(DBN)

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Ethanol:

The Pumped Up Ethanol Debate
(DBN)

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Mass Torts:

Are Cell Phones the New Cigarettes?
(DBN)

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Gambling:

Twin River Casino Owner UTGR Wins Approval for Bankruptcy Reorganization
(DBN)

Twin River won't be resolved anytime soon
(DBN)

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Awards:

Wiley Rein's Bankruptcy Practice Named by Chambers USA As One of Washington DC's Best
(DBN)

Michael Weisser Named "Dealmaker of the Week"
(DBN)

Weil Wins Middle East Team of the Year at The Lawyer Awards
(DBN)

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Razors:

Razor company eyes bankruptcy , sale to UBS
(DBN)

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Apparel:

American Apparel Gets the Perfect Investor
(DBN)

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Soccer:

When Will The Premier League Bubble Burst?
(DBN)

______________

Food/Drink:

Peachtree restaurants file for bankruptcy reorganization
(DBN)

______________

Cross-Border:

The Mother of All Cross-Border Bankruptcies?
(DBN)

Post-Petition Financing in Transnational Bankruptcy Law
(DBN)

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Trucking:

Truckload Index Shows Freight Demand Cooling
(DBN)

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Accounting:

Koss Sues Grant Thornton, Blames Firm’s Assignment of Newbie Auditors
(DBN)

Compensation Watch ‘10: PricewaterhouseCoopers Starts Spreading the News in New York
(DBN)

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Claims Trading:

Claims Trading Summary - May 2010
(DBN)

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New Bankruptcy Opinions
(No 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
(large downloads)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

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Litigation:

Are E-Discovery Sanctions Tough Enough?
(DBN)

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Corporate Governance:

DE Supreme Court Affirms Appointment of Receiver of Dissolved Corporation
(DBN)

Delaware's Antitakeover Statute
(DBN)

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Celebs:

NFL Quarterback Brunell on Brink of Bankruptcy
(DBN)

Veteran NFL QB Mark Brunell filing for bankruptcy
(DBN)

Quaids sued for unpaid bills at Cibolo
(DBN)

Kanye West Shows Up For Jury Duty (Sort of)
(DBN)

Barrack Seeking Redemption in Neverland After a Colony Fund Shows 60% Loss
(DBN)

Wesley Snipes May Still Be Able to Get Back into the Vampire Game
(DBN)

______________

Municipalities:

The Next Crisis: Public Pension Funds
(DBN)

US state budget crises threaten social fabric
(DBN)

______________

Fraud:

Goldman told to pay creditors in Bayou scam $20.6M
(DBN)

Harvard's Former Quarterback Priore Now Faces SEC Fraud Suit
(DBN)

The Chicago Way - Court Rules - Patronage May Benefit
(DBN)

Agility Evidence Points to Continued Fraud, U.S. Tells Judge in Atlanta
(DBN)

Feds probe deceased Jax fund manager
(DBN)

______________

Baseball:

Texas Rangers File Amendment to "Prepacked Plan" to Address Judge's Concerns
(DBN)

Have Rangers' sale proceedings become a drama or a comedy?
(DBN)

Judge backs off delay of sale hearing
(DBN)

Greenberg and Ryan Say Delaying Rangers Sale "Jeopardizes This Case and Risks Its Failure"
(DBN)

Will the Texas Rangers Case Go Nuclear?
(DBN)

Judge grants Rangers Baseball Express earlier confirmation hearing date
(DBN)

Judge postpones sale of Rangers baseball team
(DBN)

Rangers Mess Gets Kinda Ugly in Court
(DBN)

Tensions, threats mark latest hearing on Texas Rangers' bankruptcy plan
(DBN)

______________

Aviation:

Is Good Customer Service an Add-On at Airlines?
(DBN)

Continental-United talks hit snag with pilots
(DBN)

______________

Autos:

Visteon Bankruptcy Judge Allows Creditor Vote on Reorganization Proposal
(DBN)

Think Car Sales Are Strong? Think Again
(DBN)

Billings car dealer wins mediation with Chrysler
(DBN)

______________

Banking:

FDIC Awards Third Bank to Bond Street as Failures Climb to 86
(DBN)

Arrowhead unable to reverse 'declining financial condition'
(DBN)

New Rules May Affect Every Corner of JPMorgan
(DBN)

G-20 Calls for 'Significantly' Higher Bank Capital
(DBN)

Bank Exec: We're Already Regulated
(DBN)

Banks Need 'New Business Model' Based on More Capital, BIS Says
(DBN)

An Industry in the Crosshairs - As Congress grapples with financial reform, the lawsuits keep coming
(DBN)

Big banks face 'jarring shake-up' from new rules
(DBN)

Big banks dodged a bullet
(DBN)

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Religion:

Pope: sex abuse raids deplorable
(DBN)

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Miscellaneous:

GM, Texas Rangers, Bigler, Movie Gallery, Gloucester, Sumner: Bankruptcy
(DBN)

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Convenience Stores:

Judge Backs Appco Repossession
(DBN)

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Lehman:

Outer Bounds of Safe Harbors: Lehman-Swedbank Decision Limits Setoff Rights Under Swap Agreements
(DBN)

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Paper:

AbitibiBowater Wins Court Approval for Agreement on Notes Offer Guarantee
(DBN)

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UK:

Insolvency profession responds to OFT report
(DBN)

OFT wants "far-reaching reform" of corporate insolvency regime
(DBN)

Insolvency Service backs OFT claim that practitioners charge too much
(DBN)

Insolvency should say fair cop to the OFT
(DBN)

Bank of England warns against Lehman style accounting ‘gimmicks’
(DBN)

UK Banks Have Contingency Plans To Move Businesses Away From London
(DBN)

Will Britain's Bank Tax Bring in Cash or Drive Out Business?
(DBN)

______________

Canada:

Consumer Proposals: A need for more administrators or a slippery slope?
(DBN)

______________

China:

China to release judicial explanation of Enterprise Bankruptcy Law soon
(DBN)

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Middle East:

Kuwait faces up to a “massive destruction of wealth”
(DBN)

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Ireland:

Special team to work on bankruptcy cases
(DBN)

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Italy:

Can Italy Stave Off An Economic Collapse?
(DBN)

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