June 29, 2010

The Daily Bankruptcy News

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Law:

Sarbanes-Oxley Audit Board Unconstitutional, Top Court Says
(DBN)

How Am Law 200 Lawyers Fared on a Big SCOTUS Day
(DBN)

Results of New Survey on Timekeeping
(DBN)

Halliwells Folds After Renting ‘Fancy-Pants HQ’; Did MP Have ‘Too Much Vision’?
(DBN)

Gary Feulner Rejoins Chadbourne & Parke
(DBN)

Hospitality Industry Suffers as Law Firms Cut Parties for Summer Associates
(DBN)

New Law Firm Is Designed Like a Timeshare
(DBN)

K&L Gates Likes Them Sassy
(DBN)

Facing Possible Sanctions, Plaintiffs Lawyer Slams Defense Lawyers' Rates
(DBN)

Court order halts practice of LV lawyer
(DBN)

Bankers Return; Can Lawyers Be Far Behind?
(DBN)

Too-Hot-For-Citibank Banker Files New Papers — With the Help of Gloria Allred
(DBN)

Credit Rating Agency Provision in Financial Reform Bill a Boon to Litigators?
(DBN)

Law Firms Seek Reward for Creating 'Common Benefit' in N.Y. Ferry Crash Litigation
(DBN)

Alternative Career Paths for Those With a J.D.
(DBN)

Lawyer's life: Climbing a new ladder
(DBN)

Herbert Smith sees small rises in PEP and turnover for 2009-10
(DBN)

Financial Regulatory Bill: Jobs Bill for Lawyers?
(DBN)

Big Law Webbies Highlights
(DBN)

Ways To Get Out of Serving Jury Duty
(DBN)

Going Solo: Debunking the Top Ten Fears
(DBN)

Trial With Many F-Bombs, Including On Juror's Shirt
(DBN)

Rock On: Annual Battle of the Law Firm Bands Sets Records
(DBN)

Supreme Court Upholds Law School Policy Requiring Student Groups to Admit ‘All Comers’
(DBN)

Law Schools Do Little to Prepare Future Leaders, Prof Says
(DBN)

College Grad Sues Father to Recoup Tuition Costs
(DBN)

Reality TV Star Victoria, of Downtown Girls, Fails the Bar Exam
(DBN)

Landlord Victorious in Peeps Trial
(DBN)

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Judges:

Barreca appointed US Bankruptcy Court judge
(DBN)

Is His Gun-Control Concurrence Justice Thomas's Finest Hour?
(DBN)

Busy Morning at the High Court; Big Decisions, Farewells and Scrutiny of the Court’s Latest Nominee
(DBN)

Conservatives not united in opposing Kagan
(DBN)

Kagan Pledges to Uphold the Law, as Republicans Raise Concern Over 'Activism'
(DBN)

Kagan Hearings Get Under Way
(DBN)

Elena Kagan v. Sonia Sotomayor: Who Wore It Better?
(DBN)

'Vapid and Hollow Charade' Remarks Already Used Back at Kagan
(DBN)

Kagan: It’s Fine If The Law Bans Books Because Government Won’t Really Enforce It
(DBN)

At Hearings, Kagan Promises Impartiality
(DBN)

Sen. Sessions: 'I Am Concerned'
(DBN)

Is Elena Kagan Good for Business?
(DBN)

Judge of the Day: Joseph R. Carico Gives Up ‘His Honor’ for Halo
(DBN)

Barred From Bench, Judge Blames Lack of Education for Ethics Errors
(DBN)

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Wall Street:

World stocks slide ahead of crucial Japan, US data
(DBN)

US Stock Futures Drop on Concern China's Growth to Cool
(DBN)

Consumer Shares Gain, but Indexes Close Lower
(DBN)

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Layoffs:

Biggest problem now: Job creation
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Baseball:

Another potential Texas Rangers buyer emerges
(DBN)

Rangers re-submit bankruptcy plan
(DBN)

Amended Plan
(DBN)

Is a Decision Pre-Ordained in the Texas Rangers Bankruptcy Case?
(DBN)

Lenders seek documents in Rangers bankruptcy case
(DBN)

Judge orders Rangers documents released
(DBN)

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Accounting:

BearingPoint Trustee Shaking Down Old Employees for Sketchy Expense Reimbursements
(DBN)

Court Calls for Tighter Oversight of Accounting Board
(DBN)

Sarbanes-Oxley: Alive and Well
(DBN)

PCAOB Can Operate As Usual, Despite Supreme Court Decision
(DBN)

Be Sure to Keep Your Guard Up at the Next PwC Happy Hour
(DBN)

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Business Development:

American Capital ‘Extremely Pleased’ With $1.03B Debt Cut
(DBN)

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Telecoms:

FairPoint Clears Key Reorganization Hurdle, At Creditors', Consumers' Expense
(DBN)

Vt. board rejects FairPoint workout
(DBN)

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Newspapers:

Tribune creditors are girding to grill Zell
(DBN)

Judge to weigh Philly papers' pension dispute
(DBN)

Judge OKs Philly papers' reorganization plan
(DBN)

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Economy:

Consumer Spending in US Increased in May More Than Forecast
(DBN)

Winners and losers at the G20 summit
(DBN)

Do-little G20 summit cheers spared bankers
(DBN)

Has the G20 Doomed the Recovery?
(DBN)

Krugman: The Third Depression
(DBN)

RBS tells clients to prepare for 'monster' money-printing by the Federal Reserve
(DBN)

It's hard out here for an economist
(DBN)

Fed Official’s Four-Point Guide for the Next Crisis
(DBN)

States' Budget Woes Only A 'Modest' Drag, San Francisco Fed Reports Says
(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:

How Far Underwater Do Borrowers Sink Before Walking Away?
(DBN)

Combining Chapter 13 with a Voluntary Mortgage Modification
(DBN)

Study: Nearly One in Five Mortgage Defaults Are 'Strategic'
(DBN)

Lexi Bayview files Chapter 11
(DBN)

Little Rock Home Builder Jon Lewis Declares Bankruptcy
(DBN)

Opus West Granted Permission to File Amended Complaint Alleging Self-Dealing and Adding Mark Rauenhorst, Rauenhorst Trustees and Others
(DBN)

Trustee asks for Hansen & Horn bankruptcy to be dismissed
(DBN)

Creditors push for Dancing Bear bankruptcy
(DBN)

The Slippery Slope of Short Sales
(DBN)

Marathon Closes Distressed Real Estate Deals
(DBN)

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Mass Torts:

Asbestos bankruptcy conference highlights Chapter 11
(DBN)

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Oil/Gas:

BP Spill Costs at $2.65 Billion as Well Work Proceeds
(DBN)

BP's Spending On Gulf Oil Spill Hits $100 Million A Day
(DBN)

BP Said To Prep Insurance Claim As Costs Rise
(DBN)

The Price Of Life In BP's Book
(DBN)

Hello, RICO! The Latest Headache to Hit BP
(DBN)

BP Loses $22B in Legacy of Share Buybacks
(DBN)

Democrats Want Tax on Oil Production
(DBN)

New York Fed Probes Wall Street Exposure to BP
(DBN)

Lawmakers ask oil majors for Gulf spill plans
(DBN)

BP Discussing a Backup Strategy to Plug Well
(DBN)

BP's First Relief Well in Gulf May Be Completed Within 18 Days
(DBN)

Engineers slow drilling of relief well
(DBN)

BP's Hayward set to resign, Russian official says
(DBN)

BP denies Russian report that Hayward leaving
(DBN)

'I Hate Them,' Attorney Says; 'I Think They're A Horrible Company'
(DBN)

162 cases of illness linked to oil spill reported in Louisiana
(DBN)

Floating 'city' created to plug Gulf spill
(DBN)

BP Plans Hurricane Upgrades; Jones Act Waiver Would Help
(DBN)

BP Oil Spill Could Have Knock-On Effect for Negative Equity in Florida: Fitch
(DBN)

Oil's biggest critics are mostly silent
(DBN)

The craziest conspiracy theories behind the oil spill
(DBN)

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Radio:

WorldSpace satellite radio is acquired by its founder in Chapter 11 bankruptcy
(DBN)

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Municipalities:

New approach for valuing public pension finances?
(DBN)

American Cities Teeter on Brink of Bankruptcy
(DBN)

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Hotels:

Is the Se San Diego in Danger of Closing?
(DBN)

High-end downtown San Diego hotel files for bankruptcy
(DBN)

San Diego Hotel Operator Files
(DBN)

Hotel bankruptcy sign of San Diego's future?
(DBN)

Auction possible for Grand Island Holiday Inn
(DBN)

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Autos:

Auto parts maker Holley emerges from Chapter 11
(DBN)

GM IPO to cut US stake, raise new capital -sources
(DBN)

Car dealer to rappers seeks bankruptcy protection
(DBN)

GM to share its finances with potential investors
(DBN)

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Paper:

White Birch Gets Extension To File Bankruptcy -Exit Plan
(DBN)

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Fraud:

Goldman Sachs Could Settle SEC Fraud Suit by July 20, Mayo Says
(DBN)

$42M lawsuit against GR stockbroker
(DBN)

FTC: Online Scammers Stole Millions, Pennies at a Time
(DBN)

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Aviation:

FDA: Airline Food Nationwide Fails To Meet Health Standards
(DBN)

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Banking:

Report Warns That Many Banks Still Vulnerable to Crises
(DBN)

Schumer on 'fleece' checks
(DBN)

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Night Clubs:

CBGB Founder's Estate Squares Off With Buyer
(DBN)

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New Bankruptcy Opinions
(4 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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Financial Literacy:

The dangers of financial illiteracy in America
(DBN)

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Corporate Reform:

Banks intact as Congress softens trading regulations
(DBN)

Citi: US Plan Will Make Big Banks Bigger
(DBN)

Volcker Rule May Give Goldman, Citigroup Until 2022 to Comply
(DBN)

G20 Applauds Dodd-Frank Bill in Pushing its own Global Financial Reform
(DBN)

ABA Applauds Law Practice Exemption in Financial Reform Bill
(DBN)

Most of Sarbanes-Oxley survives ruling
(DBN)

New Bank Taxes May Derail Financial Reform Bill
(DBN)

Death of Byrd Complicates Democrats’ Strategy
(DBN)

Preparing for Next Big One
(DBN)

Small-Business Friendly Provisions Stay in Financial Reform
(DBN)

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Bankruptcy Reform:

Some financial reforms missing from U.S. legislation
(DBN)

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Celebs:

Brunell Lists $24 Million in Bankruptcy Liabilities
(DBN)

Method Man pleads guilty to NYC tax-evasion charge
(DBN)

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Miscellaneous:

Nortel Networks, ProtoStar, Black, RPM, PFF, ABC, FairPoint: Bankruptcy
(DBN)

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Compensation:

Colonial BancGroup Deferred Compensation Pool Belongs To Estate
(DBN)

______________

Religion:

Judge Says Pooled Investments Part Of Assets
(DBN)

______________

Health Care:

North General Hospital in Harlem to close July 2, file for bankruptcy
(DBN)

Deal in the works to save North General Hospital
(DBN)

Deal Calls for Hospital Bankruptcy , Takeover
(DBN)

Hospitals tangled in owners' troubles
(DBN)

______________

Consultants:

US Trustee Opposes Neff Advisers, Initiatives
(DBN)

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Gambling:

Greektown Casino OK'd to exit bankruptcy
(DBN)

Judge approves Black Gaming bankruptcy plan
(DBN)

______________

Hollywood:

Icahn Again Lays Into Lions Gate
(DBN)

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UK:

Call to raise interest rates to avoid relapse into recession
(DBN)

Bank of England warns against Repo style 'window dressing'
(DBN)

Deloitte called into Wind Hellas as advisers
(DBN)

______________

EU:

'Very Few' EU Banks Give Enough Data on Bonus Risks
(DBN)

EU, US to share banking data in terror probes
(DBN)

Spain's Salgado Hopes ECB Knows Banks' Needs as Loan Matures
(DBN)

_____________

Spain:

Report: Major Spanish real-estate developer to file for bankruptcy
(DBN)

______________

Greece:

What's with the T-bills, Greece?
(DBN)

Echoes of subprime ring out across Greek debt crisis
(DBN)

Aflac to lose $67 mln selling Greek debt
(DBN)

Greeks Strike to Protest Pensions, Labor Law Overhaul
(DBN)

Roubini Says Greece Needs To Restructure Debt
(DBN)

______________

Australia:

Liquidator told to get sick note or face arrest
(DBN)

______________

Japan:

Japan May unemployment surprises with rise to 5.2%
(DBN)

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Ireland:

In Ireland, a Picture of the High Cost of Austerity
(DBN)

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France:

Le Monde Chooses Investors in Close Vote
(DBN)

______________

Netherlands:

Central bank hammered in report into DSB bank's bankruptcy
(DBN)

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