March 12, 2010

The Daily Bankruptcy News

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Law:

Skadden, LA Bankruptcy Boutique Advising MGM
(DBN)

Howrey to Cut Between 20 and 30 Partners
(DBN)

What’s Wrong With Howrey? Profits are Down and Partners Will Be Axed.
(DBN)

Bonus and Salary News from King & Spalding
(DBN)

Reading Between the Lines of King & Spalding's New Pay Scale
(DBN)

Quinn Emanuel Adds Kathleen Sullivan to the Stationery
(DBN)

If Revenue Slips, Expect Pink Slips, Spending Dips
(DBN)

GC’s Reaction Shows Why Good Cover Letters Can Make a Difference
(DBN)

DLA Piper Sued Over Associate's Alleged Discovery Snafu
(DBN)

Some Thoughts on Milavetz - Disappointing Decision and Opinion
(DBN)

Lovells and Hogan name oversight committee to push through merger
(DBN)

Is Kathleen Sullivan the First Female Name Partner in the Am Law 100?
(DBN)

Lehman Report Full of Goodies
(DBN)

Finding a 'Pharaoh' Can Help You Climb the Ladder at Big Law
(DBN)

McGuireWoods and Tiger Woods Have Something in Common
(DBN)

9th Circuit Upholds Pledge’s ‘Under God’ in Public Schools
(DBN)

How to Sound Like a Legal Technology Guru in 10 Minutes
(DBN)

Biglaw Women, Do You Even Know How to Use Make-Up?
(DBN)

Lawyer for 'D.C. Madam' Slapped With 3-Year Suspension
(DBN)

Quote of the Day: What Lawyers Have in Common with Sandra Bullock?
(DBN)

University of Texas Law School: Looking for a Few Good Human Beings
(DBN)

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Judges:

House votes to impeach US judge from Louisiana
(DBN)

A Judge’s Unusual Request: Don’t Print This in Westlaw or Lexis
(DBN)

Another False Rumor: Chief Justice Turns the Table on Law Prof
(DBN)

Judge Reprimanded for Rant About Undocumented Aliens, O.J. Remark
(DBN)

Supreme Court Justices Reveal Their Secret Fast-Food Preferences
(DBN)

Citizens United, Round Three: Sen. Reid Vs. John Roberts
(DBN)

Judge Reprimanded for Blasting Prosecutors Who Won Cases Over Atty Wife
(DBN)

Caperton: The Final Chapter
(DBN)

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Wall Street:

US stock futures mixed ahead of retail sales data
(DBN)

Why Wall Street Hates Elizabeth Warren
(DBN)

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Layoffs:

Unemployment claims show long-term problem
(DBN)

Unemployment tops 20% in eight California counties
(DBN)

31 States Added Jobs in January
(DBN)

Govt. workers feel no economic pain; Security, wages, benefits beat private sector's
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Lehman:

Judge Says Lehman Examiner Can Make Report Public
(DBN)

The Report
(DBN)

Report Details How Lehman Hid Its Woes as It Collapsed
(DBN)

Lehman Examiner Finds Fraud -- Probably
(DBN)

Why Did Lehman Fail?: The Official Answers
(DBN)

JPMorgan, Citigroup Helped Cause Lehman's Collapse
(DBN)

Lehman's Not Thanking JPMorgan, Citi
(DBN)

Lehman Directors Did Not Breach Duties, Examiner Finds
(DBN)

Lehman's Fuld 'Negligent' as Firm Hid Leverage, Examiner Says
(DBN)

Was It Dick Fuld’s Stupidity Or Flair For Fraud?
(DBN)

Fuld Rebuts Lehman Report
(DBN)

UK accountants shamed in Lehman collapse report
(DBN)

Examiner Sees Accounting Gimmicks In Lehman Demise
(DBN)

Lehman Senior VP Warned Auditors About Repo 105
(DBN)

What key witnesses told Lehman examiner
(DBN)

Buffett kept distance from Lehman
(DBN)

'Hail Mary' to Warren Buffett: Untold Details of Lehman's Fall
(DBN)

Lehman insolvent weeks before bankruptcy -examiner
(DBN)

Lehman: How it disguised its frailty
(DBN)

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Economy:

Households recovering from economic freefall
(DBN)

Trade Deficit Unexpectedly Shrinks
(DBN)

Fed Gets Credit for Rescue
(DBN)

Dumping Debt on the Next Generation is Fine
(DBN)

FedEx warns on US recovery
(DBN)

Obama to nominate Yellen as Fed vice chairman
(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:

Foreclosures Drop to Slowest Pace in Four Years
(DBN)

US financial crisis panel to study Fannie, Freddie
(DBN)

Fannie and Freddie’s Future: What Will Barney Frank Do?
(DBN)

Florida foreclosure filings rise again
(DBN)

972 Foreclosure Filings in Hawaii in February
(DBN)

Central TX foreclosures slope 17% in February, up 2.5% year-over-year
(DBN)

FHA Says Higher Down Payments Risks Double-Dip Price Decline
(DBN)

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Corporate Reform:

82% of US Wants More Wall St. Regulations
(DBN)

Dodd to Offer Financial Regulation Bill Without GOP
(DBN)

Dodd's Decision to Snub Republicans Could Stall Financial Bill
(DBN)

Sen. Corker Offers Details of Deal That Almost Was…
(DBN)

How US financial regulation fight might play out
(DBN)

Corker Disappointed Talks on Financial Regulation Broke Off
(DBN)

Geithner Commends Dodd for Financial Rules Overhaul Plan
(DBN)

Regulator faults Wall Street banks on derivatives
(DBN)

______________

Oil/Gas:

Energy Partners reports $21 million loss
(DBN)

______________

Retailing:

Simon CEO: No Pressure From Rival Gen Growth Plan
(DBN)

Portrait of the New Consumer: Smart and Scared
(DBN)

______________

Health Care:

Alvarez & Marsal to run Valley Medical Center
(DBN)

Employers to Shift More Health Care Costs to Workers
(DBN)

Health-care reform's 'back-door' tax
(DBN)

______________

Golf:

Firethorne fires back at its lender: Consultant says club is not insolvent, was 'blindsided' by foreclosure proceedings
(DBN)

______________

Aviation:

Airline Loss Estimate Cut by 50% as Demand Rebounds
(DBN)

______________

Finance:

GMAC: The scariest zombie
(DBN)

‘Easy Money’ Coming To An End
(DBN)

Subprime Lending Business is Thriving
(DBN)

______________

Committees:

Decision in Spansion Bankruptcy Addresses When Court Should Appoint a Special Committee of Creditors or Equity Holders
(DBN)

______________

Compensation:

GMAC CEO will receive no cash salary for 2010
(DBN)

Pay limited for GMAC executives
(DBN)

AIG , federal czar reach deal on rest of bonus pay to be returned
(DBN)

Approving Insider Compensation Under Section 503(c)(3): Court Discretion or Business Judgment Standard?
(DBN)

______________

Examiners:

Lehman Probe Yields Windfall For Legal Examiner
(WSJ: separate paid subscription required)

______________

Chemicals:

Lyondell Reorganization Terms Approved Over Objections on Value
(DBN)

______________

Shipping:

Bottlenecks Threaten U.S. Export Boom
(WSJ: separate paid subscription required)

______________

Sovereigns:

Debt and the People: The Cold
(DBN)

______________

UCC:

Wedding Repo
(DBN)

______________

Experts:

Three bankruptcy cases show the value of financial experts
(DBN)

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Accounting:

Goodwill Impairment: Open to Interpretation, Again
(DBN)

Hiring outlook good for accounting pros
(DBN)

______________

Avoidance Action:

What is a Fraudulent Transfer? Decision in Elrod Holdings Explains
(DBN)

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Consumer Debt:

Consumers Not Making Dent in Debt
(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 Jobs:

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

Seminars
(DBN)

______________

Bankruptcy Reform:

A New Chapter for Bankruptcy
(DBN)

Bankruptcy Bills
(DBN)

Avoid Chapter 11 at All Cost!!!
(DBN)

______________

Fraud:

Should the US Provide a Ponzi Scheme Bailout?
(DBN)

FBI: Prohofsky had documents tied to Hecker in car; was interviewed last week
(DBN)

Szafranski Pleads the Fifth Hundreds of Time
(DBN)

New York AG’s Pay-to-Play Probe Heats UP
(DBN)

Dealing With Fraud by Denial
(DBN)

______________

Derivatives:

Gensler Asks If 'Nudge' From Congress Is Needed in Swaps Market
(DBN)

Derivatives transparency becomes key battleground
(DBN)

SEC Urges Congress to Act on Derivatives
(DBN)

______________

Celebs:

Ex-Mets Lenny Dykstra wants bankruptcy case dismissed
(DBN)

Feldman: 'Haim died destitute'
(DBN)

Drama Continues for Death Row
(DBN)

______________

Distressed Investing:

More Distress On The Horizon?
(DBN)

______________

Municipalities:

Joseph Stiglitz Calls State Budget Cuts 'Very Foolish' And A 'Negative Stimulus For The Economy'
(DBN)

In Kansas City, school's out
(DBN)

Get Ready for Higher State and Local Taxes
(DBN)

______________

Hockey:

Banks give Ice Edge the cold shoulder
(DBN)

The NHL's dirty laundry
(DBN)

______________

Autos:

Judge approves sale of Chrysler's Twinsburg plant to liquidation company
(DBN)

GMAC May Never Repay Part of Government Aid
(DBN)

Lutz ready to write his next chapter
(DBN)

Koster alleges fraud, plunder in Fidelis filing
(DBN)

Prius incident shines spotlight on driver, his finances
(DBN)

______________

Banking:

Dodd set to go it alone on sweeping bank reform
(DBN)

Citi's Pandit aims for $20 billion in profits
(DBN)

List of Banks in Trouble Keep Growing
(DBN)

HSBC Pays The Price For Moles
(DBN)

______________

UK:

Regus's insolvency strategy enrages property trade body
(DBN)

Can Manchester United Kick Its Debt Habit?
(DBN)

UK Home Loans Fall by Half in January
(DBN)

EU Banks Brace for UK Debt Crisis
(DBN)

______________

EU:

Euro-zone Jan. industrial production jumps 1.7%
(DBN)

Schaeuble Backs Euro Ouster for Delinquent States
(DBN)

German Minister: EMF Aid Would Come With a Price
(DBN)

______________

Greece:

New Strike Paralyzes Greece
(DBN)

Patchwork Pension Plan Adds to Greek Debt Woes
(DBN)

______________

Hungary:

Bankrupt Hungarian town's assets up for grabs
(DBN)

______________

China:

Bankruptcy comes to China
(DBN)

______________

Japan:

Willcom Seeks $1.5 Billion to Emerge From Bankruptcy
(DBN)

______________

 

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