June 3, 2010

The Daily Bankruptcy News

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Law:

Summer 2010 at Big Law Is No Vacation
(DBN)

Nine Summer Associate Don'ts
(DBN)

DLA Continues Nixon Peabody Hiring Spree
(DBN)

(Snip Snip) For Firms, It's All About Who's Going to Survive the Cut Spree
(DBN)

Business Casual Explained
(DBN)

Eat, Pray, Love
(DBN)

FASB Deliberations Return to Litigation Contingency Disclosures
(DBN)

Corps Add Staff for More In-House Legal Work as Many Cut Outside Counsel Matters
(DBN)

The Sonnenschein-Denton Wilde Merger: A Move for the Future
(DBN)

Kramer Levin Names New Bankruptcy Partner
(DBN)

Incoming Bryan Cave Associates: Welcome to 2012.
(DBN)

Does "Def" turn newbie JDs into Goodbye Girls & Boys
(DBN)

Latham & Watkins, Morlocks at Law
(DBN)

Perkins Coie Opens New San Diego Office With 4 IP Lawyers, Plans 50 Lawyers There in 3 Years
(DBN)

White Guy Gets a Promotion — And Suddenly It’s News
(DBN)

Am Law Second Hundred Firms Share the Pain
(DBN)

FBI Warns Law Firms: Beware of E-Mail Clients (and Counterfeit ‘Settlement’ Checks)
(DBN)

Defense Attorney's Motion to Withdraw From Stanford Case Denied
(DBN)

Advice for Job-Seekers: Don't Have Criminal Charges for ID Theft of Clients Pending Against You
(DBN)

All Play and No Work Made Lance a Disbarred Boy
(DBN)

Outsourcing the Help Desk at Troutman Sanders
(DBN)

Milberg Defends Use of Testimony Later Discredited
(DBN)

In-House Lawyers Scramble as IRS Preps Exec Pay Probe
(DBN)

Are Blacks Being Blocked From Serving on Southern Juries?
(DBN)

On Tour, Conan O'Brien Sings The Legal Blues
(DBN)

Divorce Lawyers Turn Facebook into a Case Winning Gold Mine
(DBN)

Blagojevich Defense Team Brings Color and Charisma to Court
(DBN)

Class Claims LegalZoom Is Unfair & Misleading
(DBN)

Natalee Holloway Suspect Accused of Peru Murder
(DBN)

Blind Law Grads Sue Over Denied Use of Screen-Access Software on Multistate Bar Exam
(DBN)

Curvy Banker Says She Was Fired for Being 'Too Distracting' in Business Suit and Heels
(DBN)

76-Year-Old Lawyer Suspended for 6 Months for Sexual Misconduct
(DBN)

Ex-Employee Gets Time for Stealing Nearly $557K from 2 Law Firms, Must Repay $46K
(DBN)

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Judges:

Another Federal Judge Recuses From Oil Spill Cases
(DBN)

Hello? Can Anyone Down There Handle The Oil-Spill Litigation?
(DBN)

Elena Kagan: Bench the Judge-Umpire Analogy
(DBN)

First Black Judge in Eastern District Dies
(DBN)

Mass Recusal of 5th Circuit Kills Closely Watched Global-Warming Case
(DBN)

Judge of the Day: Peggy Gehl
(DBN)

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Wall Street:

U.S. stock futures step higher ahead of data
(DBN)

Stocks, Commodities Rally on US Economic Optimism
(DBN)

European Shares Rise on Economic Data
(DBN)

Breaking circuit to halt repeat of "flash crash"
(DBN)

Hotshot Traders Leave the Street
(DBN)

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Layoffs:

California cities have highest jobless rates in April
(DBN)

Job Cuts Remain at Pre-recession Levels
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Jobs Bill vs. Deficit, a Showdown in the Senate
(DBN)

2,300 running for Congress, most in decades
(DBN)

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Lehman:

Lehman Brothers Sells Real Estate Funds Business to Ex-Managers
(DBN)

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Rating Agencies:

Moody's Chief Says CDO Ratings 'Deeply Disappointing'
(DBN)

Moody's Analysts: We Were Bullied for Rosy Ratings
(DBN)

Moody's Executives Split on Ratings
(DBN)

Time for Answers on Credit Ratings
(DBN)

Buffett: Markets continue to demand brand raters
(DBN)

Buffett said he did not know much about the credit rating market, though his company is the largest shareholder in Moody's
(DBN)

Buffett Backs Moody's in Crisis Hearing Without 'Candid' Voice
(DBN)

Buffett gives panel the silent treatment
(DBN)

Buffett and Moody's: A Quick Crash Course
(DBN)

Moody's and the chocolate factory
(DBN)

European Panel Suggests Centralized Ratings Oversight
(DBN)

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Furniture:

San Antonio's Furniture Factory Warehouse to liquidate
(DBN)

Furniture store bankruptcy has customers worried
(DBN)

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Student Debt:

Senator Merkley explains new rules on student loans
(DBN)

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Golf:

Judge approves bankruptcy plan for Reserve Club in Pawleys Island
(DBN)

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Economy:

U.S. to Push for Bank Rules in Other Large Economies
(DBN)

Manufacturing Index Slips
(DBN)

Economy Up on Manufacturing, Construction
(DBN)

As Governments Borrow, People Save
(DBN)

Coming soon: a 'Robin Hood' bank tax?
(DBN)

Our thoughts and hopes are with you
(DBN)

Geithner Says US Meeting G-20 Pledge to Boost Economic Growth
(DBN)

Buffett: Didn't Foresee Granddaddy Of All Bubbles
(DBN)

Global Imbalances Threaten Recovery
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

US pending home sales at 6-mth high, loan demand falls
(DBN)

Pending sales of previously owned homes rise 6% in April
(DBN)

California Set to Vote on Foreclosure Mediation Bill
(DBN)

Builders Ask Taxpayers for Help Building Homes
(DBN)

Commercial Loan Exposure Pulls Down Banks, Weighs on CMBS
(DBN)

BofA Reaches Out to 10K Troubled Homeowners
(DBN)

BofA Begins Principal Reduction on Delinquent, Underwater Mortgages
(DBN)

Freddie Mac Details HAFA Initiative for Distressed Homeowners
(DBN)

Fannie Mae Announces its Own Foreclosure Prevention Plan Under HAFA
(DBN)

Walking Away from Home Not Risk Free
(DBN)

Delayed Mortgage Liquidation Hikes Risk of RMBS Write-Downs
(DBN)

Survey Finds Nearly Half of Americans Can't Afford Large Down Payments on Mortgages
(DBN)

Credit Union Demands $42 Million, Claims Fannie Mae Bought 'Stolen' Mortgages
(DBN)

Realtors Want Congress to Tweak Tax Credit Timeline
(DBN)

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Municipalities:

California may bar city bankruptcies
(DBN)

NY Nearly Goes Broke Again, Delays Paying Bills
(DBN)

Bloomberg Blocks Teachers’ Raises to Save Jobs
(DBN)

Attacking Pensions Through Bankruptcy?
(DBN)

Lompico water district can't pay bills
(DBN)

Gingrich to Michigan: Change or Die
(DBN)

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Corporate Reform:

S.E.C. Is Said to Seek to Bar Wall St. Financier
(DBN)

Whistleblowers, Cooperators Making Their Way to the SEC's Door
(DBN)

Home-Loan Banks Seek Exemption
(DBN)

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Oil/Gas:

Recusals Make It Likely That Judge from Outside Gulf Will Hear Oil-Spill Cases
(DBN)

Potential Gulf Coast Oil Spill Litigation Has Lawyers in Frenzy
(DBN)

Effort to Contain Oil Gusher Hits Snag
(DBN)

BP seeks yet another way to stop oil leak as protests loom
(DBN)

BP scrapes the barrel for oil spill ideas as cap plan falters
(DBN)

Fishermen Wait on Docks as Oil Gushes
(DBN)

BP chief says oil company wasn't fully prepared to deal with Gulf
(DBN)

U.S. Was Reluctant to Announce Spill Probe
(DBN)

US Rejects Nuclear Option for Gulf Oil Gusher
(DBN)

EPA May Face Suit Over Dispersant Use in Gulf Oil Spill
(DBN)

The future for BP after the oil spill
(DBN)

BP Can Likely Take Oil Spill Financial Hit
(DBN)

The Outlook for Oil Companies in the Gulf
(DBN)

Cleanup Costs and Lawsuits Rattle BP’s Investors
(DBN)

Well flow won't rise until cut is made-US Coast Guard
(DBN)

After Disaster, Oil Service Bargains for Long-Term Investors
(DBN)

Obama's demeanor an issue in the Gulf Coast oil spill
(DBN)

For BP, Heat Getting Turned Up on Criminal, Civil Fronts
(DBN)

BP Denies Oil Plumes Exist; Blames Illnesses on Food Poisoning
(DBN)

Dying, dead marine wildlife paint dark, morbid picture of Gulf Coast following oil spill
(DBN)

As BP's spill effort stalls, oil creeps toward Alabama, Mississippi, Florida
(DBN)

As BP's oil slick threatens Florida beaches, President Obama takes aim at Big Oil
(DBN)

BP Gas Station Boycotts Spread
(DBN)

A built-in incentive for oil spills
(DBN)

Gulf spill workers complaining of flulike symptoms
(DBN)

Obama: Let's Roll Back Oil Tax Breaks
(DBN)

US Fights Transocean Bid to Limit Liability
(DBN)

BP's Kovykta unit files for bankruptcy
(DBN)

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Packaging:

Smurfit-Stone reports $62.9 million net loss
(DBN)

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Hotels:

Mortgage Holders Seize Four Seasons Dallas
(DBN)

Due diligence key to buying distressed hotel debt
(DBN)

Bankruptcy filings rise among small hotels around Tampa
(DBN)

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Accounting:

PwC Dealt a Blow on Penn. Healthcare Bankruptcy
(DBN)

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Corporate Reform:

U.S. Senate Bill Creates New Regime for Orderly Liquidation of Financial Companies That Present Systemic Risk
(DBN)

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Golf:

Loch Lomond's Banks No Longer Bonny
(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 Jobs:

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

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Decline in Bankruptcy Filings May Be Temporary
(DBN)

South FL bankruptcies fell slightly from April to May
(DBN)

S. Fla. May bankruptcy filings remain high
(DBN)

Nevada Bankruptcy Filings Continue To Rise
(DBN)

Northwest Ohio bankruptcy filings decline 2%
(DBN)

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Banking:

WaMu Shareholders Discover How to Get Attention
(DBN)

Your Banker's Six Dirty Secrets
(DBN)

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Art:

Thomas Kinkade firm seeks bankruptcy protection
(DBN)

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Mass Torts:

RPM Plan to End Asbestos Liabilities Questioned by US Trustee
(DBN)

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Health Care:

Sides Harden in Forum Bankruptcy Case
(DBN)

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Autos:

GM Auto Sales Rose 16.6% in May
(DBN)

Ford Sales Climb 22%, GM's Core Brand Sales Rise 32%
(DBN)

May Auto Sales to Underscore Tepid Recovery
(DBN)

Car Sales Top Forecasts, With Toyota as Exception
(DBN)

JPMorgan, BofA Are Lead Candidates for GM IPO
(DBN)

GM Feared Bankruptcy "Stigma," but It Seems Like a Quaint Notion Today
(DBN)

Delphi Retirees Work to Restore Pensions
(DBN)

Ford to End Production of Its Mercury Line
(DBN)

Adieu, Mercury. Which brand's next?
(DBN)

Chrysler Canada sales leap 53% in May
(DBN)

Opel could close half of its German plants
(DBN)

At Toyota, a Cultural Shift
(DBN)

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AIG:

Big Setback for A.I.G. in Repaying Taxpayers
(DBN)

Lesson to Pru: AIG isn't a normal corporation
(DBN)

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Radio:

Owner Of Radio Stations Emerges From Bankruptcy Protection
(DBN)

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Celebs:

The Guy From Reading Rainbow Has a Small Tax Problem
(DBN)

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Aviation:

Doing the bump likely to cost airlines more
(DBN)

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Agriculture:

Maroney: Class-Action Chapter 12 bankruptcy as a farm solution
(DBN)

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Fraud:

Goldman Silence on SEC Probe Irks CalPERS
(DBN)

Goldman Hunts Way Out of Fraud Claims
(DBN)

Former auto task force czar Steven Rattner accused of kickback scheme
(DBN)

Jury: Wells Fargo Guilty of Consumer Fraud
(DBN)

Rothsteins Ex-Bodyguard Pleads Guilty To Ponzi-Related Charge
(DBN)

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Religion:

Cardinal Roger Mahony - The slammer it may be
(DBN)

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UK:

British Royal Fergie Mulls Bankruptcy
(DBN)

Fergie knew what she was doing, says ex-aide
(DBN)

UK fines JPMorgan record amount
(DBN)

The Fabric bankruptcy saga takes another twist
(DBN)

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EU:

German Cabinet Backs Short-Selling Ban to Help Euro
(DBN)

Short-Selling Ban Highlights German, French Split
(DBN)

French legislators approve euro rescue package
(DBN)

Euro zone retail sales plunge as debt crisis bites
(DBN)

A New Euro to Save the European Dream?
(DBN)

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Spain:

Spain Struggles to Agree on a Path to Recovery
(DBN)

Spanish govt to present labour reform on June 16
(DBN)

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Greece:

Greece Prepares Sale of Assets to Cut Its Debt
(DBN)

Greece military purchases delayed
(DBN)

Greek Transport, Media in 24-Hour Strike Against Austerity Plan
(DBN)

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Iceland:

1/4 of households in financial distress
(DBN)

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China:

Dark Side of China's Economic Miracle
(DBN)

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