June 30, 2010

The Daily Bankruptcy News

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Law:

Yet Another Firm Stands Accused in Bankruptcy Mess
(DBN)

Mayer Brown, Simmons Call Off Merger Discussions
(DBN)

White & Case Steps Up for Lehman Creditors
(DBN)

Formidable Legal Lineup on McCourt Divorce Case
(DBN)

The Life of an Anonymous Contract Lawyer
(DBN)

SEC Agrees to Pay Aguirre $755,000 Over His Firing
(DBN)

Law Firms Can Monitor Finances to Help With Growth Opportunities
(DBN)

Court Rejects Gucci's Privilege Claim Over Unlicensed Chief In-House Counsel
(DBN)

The Texas Bar Meets Online Lawyer Advertising
(DBN)

‘Kissy Pix,’ Frenemies & Other FB Foibles Are a Motherlode for Matrimonial Lawyers
(DBN)

Useless Interview Tips
(DBN)

Dell’s Own Law Firm Had Trouble with the Computers, Lawsuit Reveals
(DBN)

The Age-Old Battle Between Local Counsel and Those Big-City Lawyers
(DBN)

'Powerful' Evidence Presented in Death of Lawyer but Not Enough, Says Judge
(DBN)

Ex-Arent Fox Partner Acquitted in Obstruction Case Over Claimed Cover-Up in Lawyer’s Murder
(DBN)

7th Circuit: White Supremacist Can Be Charged for Web Post About Juror
(DBN)

"Obvious Disdain" Leads To Suspension With Fitness
(DBN)

Teens Make Off with Elephant Cash After Holding Up Recently Imprisoned Law Prof
(DBN)

Reality TV On Mission To Destroy Reputation of Law School Students Everywhere
(DBN)

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Judges:

Brown highlights Kagan's ties to Massachusetts
(DBN)

Top Five Elena Kagan Quotes from Day 2 of Her Supreme Court Confirmation Hearings
(DBN)

Kagan Fends Off Republican Challenges
(DBN)

The dodgy Miss Kagan
(DBN)

5 Ways the GOP Is Challenging Elena Kagan
(DBN)

Senators Debate Each Other as They Question Kagan
(DBN)

Why Kagan Hearings Are All About Thurgood Marshall
(DBN)

Kagan Voices Support for Estrada
(DBN)

Kagan Coverage Roundup: Day 2
(DBN)

Wait Until Law School to Write About Law, Kagan Tells Grassley
(DBN)

Kagan Supports Cameras in Court
(DBN)

Will the Supreme Court Have the Last Word On Judicial Pay?
(DBN)

A Bowtie Goodbye for Stevens' Last Day
(DBN)

Court TV: Viewers flock to federal judiciary's YouTube channel
(DBN)

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Wall Street:

Wall St futures point to firmer open; data eyed
(DBN)

Dow drops 268 on global recovery worries
(DBN)

As consumer mood darkens, markets plunge
(DBN)

Citi Suffers Its Own Mini-Crash
(DBN)

Citi Recoups Loss as Trade That Triggered Curb Is Canceled
(DBN)

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Layoffs:

U.S. House Rejects Bill to Restore Unemployment Aid
(DBN)

Small businesses add 18,000 new jobs in June
(DBN)

House lines up second vote on unemployment benefits
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

General Growth Expects to File Bankruptcy Plan July 9
(DBN)

Barnes & Noble Sinks After Forecasting Possible Loss
(DBN)

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Autos:

Ford shares fall as concerns rise
(DBN)

GM Vehicles Getting Higher Prices as It Prepares IPO
(DBN)

In Wall St pitch, GM says ripe for overseas growth
(DBN)

Who will rule the auto world of the future?
(DBN)

Pre-IPO GM pitches gains in turnaround
(DBN)

GM sees 'massive' opportunity for growth, profit: CFO
(DBN)

Judge approves Delaware GM plant sale
(DBN)

Lawmakers seek new documents from Toyota
(DBN)

Tata to Raise $1B to Lower Jaguar, Rover Debt
(DBN)

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Health Care:

St. Vincent's Closure Hurts Small Businesses
(DBN)

Harlem's North General Hospital Declares Bankruptcy, Shuts Down
(DBN)

North General Hospital: Finally, the government steps in
(DBN)

Judge delays decision on Sumner Regional sale to LifePoint Hospitals
(DBN)

Parkview Community Hospital Medical Center in Riverside avoids bankruptcy sale
(DBN)

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Gambling:

Sault Tribe loses grip on Greektown Casino
(DBN)

Three groups submit bids for Aqueduct casino
(DBN)

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Baseball:

Court Documents Gives Rare Glimpse Into Finances of Texas Rangers
(DBN)

SOFA
(DBN)

Schedules A, B, D-H with Summary of Schedules
(DBN)

Tom Hicks draws $183K salary from Rangers
(DBN)

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Economy:

Strong bid for US debt as stocks tumble
(DBN)

Confidence Sinks on Concern Over Jobs
(DBN)

Bet on Private Sector for Recovery Could Prove Risky
(DBN)

In U.S. Bailout of A.I.G., Forgiveness for Big Banks
(DBN)

Another Recession, or a Long, Slow Recovery?
(DBN)

Interest rates sink again on more economic malaise
(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:

Fannie-Freddie Bailout Could Cost Taxpayers $1 Trillion
(DBN)

Case Says US Housing Starts 'Dead Flat in the Mud'
(DBN)

Home prices rise in 20 largest US cities
(DBN)

Case-Shiller: Miami home prices continue to slide
(DBN)

Mortgage Banker Profits Per Origination Grow by 272% in a Year
(DBN)

Freddie Mac Short Sales Up 600% from 2 Years Ago
(DBN)

Foreclosure Sales Shrinking into Q110, Still Much Higher than Boom Years
(DBN)

House Prices Rose In April. That May Not Continue.
(DBN)

Charting the Housing Collapse
(DBN)

Fannie Mae May portfolio up, delinquencies down
(DBN)

Foreclosures sell at 30% discount
(DBN)

US Commercial Property Market Losing Ground to Europe
(DBN)

Banks Edge Cautiously Back Into Commercial Mortgage-Backed Bonds
(DBN)

Swamped in debt, Glebe files Chapter 11
(DBN)

New Bill Protects Gulf Homeowners Affected by Oil Spill
(DBN)

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Examiners:

Examining Examiners
(DBN)

______________

Corporate Reform:

Bank Tax Sets Back Financial Bill
(DBN)

Scott Brown's problems with FinReg
(DBN)

Banks May Beat Congress Into Repealing $19 Billion Tax
(DBN)

Bank Fee Is Eliminated in Financial Bill
(DBN)

How Financial Regulatory Reform Will Pass the Senate Without Byrd
(DBN)

Dodd proposes ending TARP early to offset cost of financial reform
(DBN)

The Fat Lady Starts Warming Up On Financial Reform
(DBN)

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Financial Privacy:

Wellpoint security glitch exposes applicant data
(DBN)

______________

Compensation:

Judge rejects Colonial Bank employees' claim
(DBN)

A Golden Parachute For BP’s Hayward?
(DBN)

Wall Street Hiring Jumps Most Since 2008 as Guarantees Return
(DBN)

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Banking:

Corus Bank Parent Co Challenges FDIC On $257M Tax Refunds
(DBN)

Former BofA Executives to Take Control of Florida Bank
(DBN)

The End of Community Banking
(DBN)

U.S. Banks Helped Launder Money for Mexico Drug Gangs
(DBN)

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Religion:

Delaware Catholic Church to Share Cash With Victims
(DBN)

Spiritually Bankrupt
(DBN)

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Hotels:

Grand Island Holiday Inn to be sold off
(DBN)

______________

Ethanol:

Ethanol Production Subsidiaries Exit Bankruptcy
(DBN)

Pacific Ethanol plants all out of Chapter 11
(DBN)

______________

Retailing:

Take a number: Pennsylvania sues BlueHippo
(DBN)

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Aviation:

IATA: International Air -Passenger Traffic Jumps in May
(DBN)

Las Vegan sues to halt merger of airlines
(DBN)

JAL's negative net worth tops $11 billion
(DBN)

JAL to cancel training for 130 would-be pilots
(DBN)

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Lehman:

Paulson, Calpers object to Lehman bankruptcy plan
(DBN)

CalPERS and Other Bondholders Say Lehman Bankruptcy Plan Fuels Conflict
(DBN)

Hedge Funds Object to Lehman Chp. 11 Plan
(DBN)

______________

Plastics:

Gloucester Engineering Files to Convert to Chapter 11
(DBN)

______________

Insurance:

More About Excess D&O Insurance and the Exhaustion Trigger
(DBN)

U.S. Lucky as International Disasters Dwarfed Domestic Losses
(DBN)

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Telecoms:

FairPoint appoints new chief financial officer
(DBN)

______________

Radio:

Black Crow asks its bankruptcy court for more time
(DBN)

______________

AIG:

Secrets of Magic Revealed: Keep Your Eye on AIG’s Disappearing Act
(DBN)

______________

 

New Bankruptcy Opinions
(No 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)

______________

Miscellaneous:

Lehman Creditors, Rangers, St. Vincent, Black Crow, GM, DBSI: Bankruptcy
(DBN)

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Oil/Gas:

BP has options before bankruptcy, lawyers say
(DBN)

Bankruptcy is Obama's worst nightmare
(DBN)

BP going back to banks for more funding
(DBN)

Partners in projects are sticking with BP
(DBN)

How Far Fetched Would an Exxon Bid for BP Be?
(DBN)

How Much Worse Can It Get for BP?
(DBN)

BP Says Oil-Spill Cleanup May Be Delayed by Storm
(DBN)

Rough seas halt skimming operations off Gulf Coast
(DBN)

BP oil spill clean-up blocked by red tape, bureaucracy
(DBN)

State, Maritime Law to Determine BP Oil Claims, Says Feinberg
(DBN)

Salazar May Provide More Details on New Drill Ban at Congressional Session
(DBN)

BP Offers Cash to Gas Station Owners
(DBN)

Impact of spill on Gulf tourism could last years
(DBN)

BP Sued Over Losses to Employee Pension Plans
(DBN)

Traders short BP bond issues
(DBN)

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Accounting:

Were PwC and Grant Thornton Ignoring Overstock.com’s Accounting Issues?
(DBN)

Sarbanes-Oxley ruling is co$tly
(DBN)

______________

Rating Agencies:

S&P may cut Moody's rating on regulatory reform
(DBN)

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Celebs:

Loan Guarantees Led To Brunell's Bankruptcy
(DBN)

Method Man Pleads Guilty to Tax Evasion
(DBN)

Ex-Wife of Michael Douglas Seeks Half of His Earnings from 'Wall Street 2'
(DBN)

Former KISS Member Vinnie Vincent Loses Bankruptcy Appeal
(DBN)

______________

Bankruptcy Reform:

New Legislative Effort to get Bankruptcy Exemption….For Guns.
(DBN)

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Student Debt:

That's One Way to Get Out of Student Loan Debt
(DBN)

For-Profit Colleges: Senate Probes Student-Loan Defaults
(DBN)

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Fraud:

Scrutiny of Goldman's Board Focuses on Silence Over Conflicts
(DBN)

Supreme Court orders new look at Siegelman, Scrushy convictions
(DBN)

Private school leaders sued for fraud after bankruptcy filing
(DBN)

Madoff Market Maker, Renamed Surge, Yields Cash Trickle for Ponzi Victims
(DBN)

SEC accuses Pa. man of $16M Ponzi scheme
(DBN)

SI mini-Madoff is hit with fraud charge
(DBN)

SEC Freezes Assets in $106M Ponzi Case
(DBN)

Stanford receiver Seeks Money From Girlfriend
(DBN)

______________

Municipalities:

City Symbolizes Budget Crisis Facing Many Across US
(DBN)

Muni Bonds: Don't Hit the Panic Button Yet
(DBN)

7 Valley school districts may have trouble paying bills in future
(DBN)

New York May Tax Out-of-State Hedge-Fund Workers
(DBN)

______________

M&A:

M&A Activity on Upswing
(DBN)

______________

UK:

Vantis close to administration
(DBN)

OFT investigation into corporate insolvency ducked issues
(DBN)

______________

EU:

Euro plunges amid bank loan fears
(DBN)

EU Widens Scope of Bank Stress Tests to Include More Banks, Government Debt
(DBN)

Health of Europe's Banks May Be Revealed by ECB 3-Month Loans
(DBN)

Demand for ECB loans falls short
(DBN)

EU Members Block Lawmakers' Proposal to Curb Bankers' Bonuses to Half Pay
(DBN)

______________

Greece:

Life Amid the Ruins
(DBN)

Greek anger over austerity measures spills on to Athens' streets
(DBN)

More violence marks union protest in Greece
(DBN)

______________

Sweden:

Iconic Swedish music festival files for bankruptcy
(DBN)

______________

Japan:

Deutsche Bank Hires Four Bankers for Japan Turnaround Advisory
(DBN)

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