March 10, 2010

The Daily Bankruptcy News

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Law:

Dewey Lays Off 30 Administrative Staffers
(DBN)

When Lawyers Get in Hot Water, Should They Be Washed Away?
(DBN)

Thoughts on the Supreme Court's Bankruptcy Decision, Attorney Advice, and the Law of Lawyering
(DBN)

No Heller Money For You, Unless You Didn't Work There
(DBN)

BofA Lawyers Rebuked in Cabi Case
(WSJ: separate paid subscription required)

Room at the Top: Wave of Defections at NY Firm Triggers Bonus Round of Promotions
(DBN)

Sonnenschein’s New Compensation Potpourri Starts to Take Shape
(DBN)

Are You or Have You Ever Been a Lawyer?
(DBN)

A New Tort-Reform Talking Point: The Chicken Sandwich Case
(DBN)

BigLaw DC Mainstay Names New Chairman Ending 14-Year Reign
(DBN)

Six Firms Score Roles in Centerline Restructuring, Asset Sale
(DBN)

An attorney who conveys an alleged agreement to cover the legal costs of another lawyer's client can be held liable for unpaid fees
(DBN)

What Law Firms Need to Learn from Wal-Mart
(DBN)

Charges in Dallas Office Shooting Depend on Suspect's Recovery
(DBN)

Prosecutors to Seek Indictment Against Attorney for Murder of Former Partner's Ex-Wife
(DBN)

Name Partner Says Split Over Alternative Fees Partly Prompted Decision to Leave
(DBN)

Flagging East Coast Firm Gambles on New Office in Vegas
(DBN)

Juror's Lawyer Orifice Trash Talk Leads to Mistrial
(DBN)

Attorney Firings Get Just Four Pages in Rove Memoir
(DBN)

Laid-Off Lawyer Among Those Working as Census Bureau Temps
(DBN)

No Set Salary Rules Exist for Legal Support Staff
(DBN)

One more reason our profession is oh-so-popular
(DBN)

The 4 People Lawyers Won't Meet in Solo Practice
(DBN)

20 Ways to Link Dispersed Legal Departments
(DBN)

Classroom Laptops an ‘Attractive Nuisance’ and Rumor Monger
(DBN)

University of Texas Law Students Warn Employers to Stay Away from UT
(DBN)

Quote of the Day: The Umpire Strikes Back
(DBN)

The 7 Dumbest Celebrity Lawsuits of All Time
(DBN)

______________

Judges:

House May Impeach Federal Judge
(DBN)

Supreme Court Chief Justice: Scene at State of Union 'Very Troubling'
(DBN)

Panel: Senate Filibuster of Judicial Nominees Not Going Away Soon
(DBN)

Despite High Court Skepticism, Advocates Defend Privileges Clause Push
(DBN)

______________

Wall Street:

Stock futures signal higher open
(DBN)

US Stock-Index Futures Fluctuate
(DBN)

World stocks little changed as China exports surge
(DBN)

Stocks muster gains; Nasdaq at 18-month high
(DBN)

Bailed-out US financial stocks surge
(DBN)

Wall Street posts best gains since Depression
(DBN)

Build America Bonds Pay Off on Wall Street
(DBN)

______________

Layoffs:

DeLay: People are unemployed because they want to be
(DBN)

Job Openings Up Sharply in January
(DBN)

Are unemployment benefits no longer temporary?
(DBN)

Employers' hiring plans in holding pattern
(DBN)

Young Adults Fret Over Jobs, Haven't Lost Hope
(DBN)

Chevron to cut 2,000 jobs, $1B in spending
(DBN)

Staffing Firms' Strength Pretties Up The Employment Outlook
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Newspapers:

Freedom Communications' Bankruptcy Plan Approved by Judge
(DBN)

______________

Cross Border:

JSC Alliance Wins US Bankruptcy Court Protection
(DBN)

______________

Celebs:

Lenny Dykstra Wants Bankruptcy Case Dismissed
(DBN)

______________

Derivatives:

Bankruptcy's Financial Crisis Accelerator: The Derivatives Players' Priorities in Chapter 11
(DBN)

No end user exemptions for CDS -CFTC's Gensler
(DBN)

Merkel calls for fast action on CDS
(DBN)

______________

Compensation:

Goodyear CEO Gets Compensation Worth $14 Million
(DBN)

______________

Movies:

MGM expected to draw six bids by March 19
(DBN)

MGM Said to Consider Prepackaged Bankruptcy
(DBN)

______________

Trustees:

Jeff Marwil Confirmed as Chapter 11 Trustee for Life Fund / A&O Bankruptcies
(DBN)

______________

Mass Torts:

How Often Does Manville Trust Diagnose (and Pay?) Claims 37 Years After Death ?
(DBN)

Order will impact asbestos verdicts
(DBN)

______________

Cross-Border:

Chapter 15 Round-Up
(DBN)

______________

 

 

Economy:

US Millionaires' Ranks Rose 16% in 2009, Study Says
(DBN)

As Fed Eases Loan Aid, Policy Challenges Arise
(DBN)

Low Rates, Huge Deficits to Continue
(DBN)

Global Confidence Dips as Greece’s Deficit Undermines Recovery
(DBN)

China says committed to U.S. debt
(DBN)

SEC Chief Economist Leaving
(DBN)

Analyst: Stimulus Was Waste of Time
(DBN)

Economist Expects Greater Frequency of Recessions
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Retail Receivership Opportunities Slow to Materialize
(DBN)

Obama Foreclosure-Prevention Plan Lagging, New Data Shows
(DBN)

Architect Deal Flow Drops as Homeowners Shun New Builds and Pick-Up DIY Projects
(DBN)

J.P. Morgan: Foreclosure Sales Could Be Higher in Three Years
(DBN)

Economists Find US House Prices are Undervalued Globally
(DBN)

Shiller: Should We Keep Subsidizing the Housing Market?
(DBN)

Los Angeles to Pull Investments from Foreclosure-Heavy Financial Firms
(DBN)

Countrywide Tries to Pin Blame on Insurer
(DBN)

Several parties object to AHF bankruptcy plan
(DBN)

Low Charge-Off Rates in Commercial Mortgages Despite Rising Delinquencies
(DBN)

Equities Can Adjust Administrative Claim for “Stub Rent”
(DBN)

_____________

Autos:

Runaway Toyota Prius reached 90 mph-Calif police
(DBN)

Runaway Prius driver: 'I was laying on the brakes but it wasn't slowing down'
(DBN)

California Prius incident probed; GM offers criticized
(DBN)

Wife of Prius driver says dealer didn't check car
(DBN)

Toyota Reviewing US Report of Accelerating Prius
(DBN)

Toyota Hysteria
(DBN)

______________

Fraud:

Faux website looks to scam Madoff victims
(DBN)

Madoff Feeder-Fund Survives Dismissal Motion
(DBN)

More federal charges against Denny Hecker and associate
(DBN)

Justice Department Stays Out Of Rubashkin Case
(DBN)

Madoff Victims Join Stanford Investors to Lobby for Payback
(DBN)

The wives of Ponzi schemers aren't always innocent
(DBN)

Fraud inquiries narrow focus on Thornburg executives
(DBN)

______________

Gambling:

MGM Mirage to Sell $845 Million of 10-Year Debt
(DBN)

Final Icahn witness: Trump casino plan doomed for bankruptcy
(DBN)

Icahn executive: Trump name not needed on casinos
(DBN)

State board backs tax rollback for Greektown
(DBN)

______________

Claims Trading:

Lehman, GGP lead February bankruptcy claim trades
(DBN)

Claims Trading Monthly
(DBN)

______________

Aviation:

Pilots: United Airlines bankruptcy never should have happened
(DBN)

BA, American, Iberia to Cede Airport Slots
(DBN)

JAL taking applications for early retirements
(DBN)

Baggage fees could be more than your ticket - and it's about to get worse
(DBN)

Aer Lingus Troubles Keep Getting Worse
(DBN)

______________

Tax:

Proposal to exempt victims of foreclosures and short sales from big tax bills
(DBN)

______________

IP:

The first thing we do, let's hire all the lawyers
(DBN)

While Canopy Financial Flamed Out, Its Assets Live On
(DBN)

______________

Personal Finance:

Homeless man lives off hotel points from former life
(DBN)

______________

Municipalities:

Detroit looks at turning vacant lots into farmland to save city
(DBN)

Broad Plan Urged to Battle New York’s Fiscal Crisis
(DBN)

Recession and Emotional Toll on Cities
(DBN)

______________

Hockey:

Legal fallout continues from Coyotes bankruptcy
(DBN)

______________

Corporate Governance:

Another View: Delaware Gets the Rules Right
(DBN)

______________

Avoidance Actions:

Fifth Circuit treats severance payments to insider as fraudulent transfers under 2005 Bankruptcy Code amendment
(DBN)

______________

AIG:

AIG 'Money in the Door' Deals Reap $3.2 Billion for Bondholders
(DBN)

______________

Building Materials:

U.S. Concrete faces NASDAQ delisting
(DBN)

______________

Retiree Benefits:

Severance Payments May Constitute Retiree Benefits
(DBN)

______________

 

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 Jobs:

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

Seminars
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy filings continue to rise in Arizona
(DBN)

______________

Distressed Investing:

Mr. Distress is ready to buy
(DBN)

______________

Lehman:

Lehman to Judge: Make the Examiner's Report Public
(DBN)

______________

Payday Lending:

A Consumer Bill Gives Exemption on Payday Loans
(DBN)

______________

Personal Bankruptcy:

The Code’s Policies Go Bankrupt When It Comes To Petitions Filed by Same-Sex Couples
(DBN)

______________

Corporate Reform:

Pentagon, Celebrities Call for Consumer Protection Agency
(DBN)

So Where’s Consumer Protection?
(DBN)

Elizabeth Warren: Outrage and Reform
(DBN)

Not Just for Laughs: a Consumer Lending Salvo
(DBN)

______________

Banking:

FDIC Slams Banks for Not Loaning Money
(DBN)

Bove Upbeat on Citigroup's Turnaround Plans
(DBN)

U.S. Government May Soon Ease Out of Citi Stake
(DBN)

WaMu's Wild Ride
(DBN)

Bank of America to End Overdraft Fees on Debit Purchases
(DBN)

______________

Health Care:

Fresno neurosurgeon in lawsuits files bankruptcy
(DBN)

Health Care’s Obstacle: No Will to Cut
(DBN)

How to Save Billions on Health Care Costs
(DBN)

______________

Hotels:

Accor Says Recovery in Hotel Revenue to Take 5 Years
(DBN)

______________

Retailing:

Bankruptcy for women's clothing retailer
(DBN)

Retailers selling used underwear
(DBN)

______________

Accounting:

Restatements Decline - Again
(DBN)

______________

Trucking:

Trucker YRC: not many economic recovery signs
(DBN)

New investors to revive IdleAire?
(DBN)

______________

Food/Drink:

Investors bid $39M for 66 restaurants
(DBN)

______________

UK:

50% rate will make London the tax capital of the world
(DBN)

Northern Rock Bounces Back
(DBN)

UK industrial output falls 0.4% in January
(DBN)

______________

EU:

European Leaders Call for Crackdown on Derivatives
(DBN)

Long Term Effect of Greek Euro Crisis
(DBN)

_____________

Canada:

Junk bondholders are real 'tumours'
(DBN)

British seek clarification on Nortel pensions
(DBN)

Goldman Sachs seeks to appeal CanWest TV sale to Shaw
(DBN)

______________

Greece:

Outflows have some worrying about a Greek bank run
(DBN)

Papandreou Says Obama 'Supportive' of Measures to Stem Crisis
(DBN)

Greek PM: I didn't ask Obama for 'bailout money'
(DBN)

Obama Can Offer Little in Talks on Greek Debt Crisis
(DBN)

Those wicked speculators again
(DBN)

Curbing derivatives might hurt, not help, Greece
(DBN)

Bar Sought on Market Blameless for Greek Woes
(DBN)

Greece's Problem? The New York Times
(DBN)

Greece gets '$lippery'
(DBN)

______________

Middle East:

Rovinescu slams Emirates plan
(DBN)

Dubai World creditors face painful choices
(DBN)

______________

China:

China's Exports Rise 46 Percent in February
(DBN)

China Regulator to Limit Banking Executives' Pay
(DBN)

The New China Hands
(DBN)

______________

Ireland:

Irish Take Bitter Pill To Survive Red Ink
(WSJ: separate paid subscription required)

______________

 

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