March 16, 2010

The Daily Bankruptcy News

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Law:

CBS: Lawyer Stung Mafia Suspects to Get Witness Time in $1.2B Scheme
(DBN)

Bankruptcy lawyers join Sullivan & Worcester
(DBN)

Leader of the Pack: One Elite NY Firm Posts Great 2009 Numbers, Two Others, Eh
(DBN)

Another Down Year at Stroock
(DBN)

Less Cash, More Profit for BigLaw Firm
(DBN)

Pick Me! Toyota Plaintiffs’ Lawyers to Plead Their Cases in San Diego
(DBN)

Expected Litigation Boom a Bust
(DBN)

WestlawNext Pricing - Up To $3400 Per Hour!!
(DBN)

Which is the Best City to Practice Law?
(DBN)

What Associates Need to Know About Lateral Moves
(DBN)

Poker: What Lawyers Can Learn About Bankers at the Table
(DBN)

Ga. High Court Chides Bar, Former Greenberg Associate for Light Sanction Recommendation
(DBN)

Fifth Attorney Charged in Insurance Fraud Probe
(DBN)

Changing Demands Have In-House Counsel Gaining Over Outside Firms, GCs Say
(DBN)

Ex-McGuireWoods Partner Pleads Guilty in Securities Fraud Case
(DBN)

Valley Boy Speak: Unraveled
(DBN)

UK Law School Plants Flag in US, Partners with Northwestern; Grads to Take NY Bar
(DBN)

Hate Abounds at University of Idaho College of Law
(DBN)

Hypocrisy on Stilts: Law School Professor Calls Out Trade Schools Over Student Debt
(DBN)

UC ordered to refund $38 million to professional degree students
(DBN)

Sarah Shahi of ‘L Word’ to Play Mediator in New Legal Drama
(DBN)

Why is the Co-Head of Grant & Eisenhofer Suing Teenagers?
(DBN)

When Not Working for Paying Clients, Lawyer Is Suing Officials ... and Growing Veggies
(DBN)

Lawyer Warns of Blogging Burden, Even as Top Law Firms Embrace It
(DBN)

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Judges:

House Passes Bill to Add Bankruptcy Judges
(DBN)

Justices Will Prevail
(DBN)

Supreme Court riven by partisan politics
(DBN)

Justice Thomas' Wife to Increase Visibility, Join Tea Party Rallies
(DBN)

Mrs. Clarence Thomas Hosts Her Own Tea Party
(DBN)

The Supreme Spouses
(DBN)

Report: Justice Stevens to Decide on Retirement Within Weeks
(DBN)

How High Court Could Change If Stevens Retires
(DBN)

Law Would Create New Bankruptcy Judge
(DBN)

No Way To Treat a Judge
(DBN)

On Judges, Has Obama Missed A Golden Opportunity?
(DBN)

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Wall Street:

Stocks set for gains
(DBN)

How the Major Stock Indexes Fared on Monday
(DBN)

US Stocks Gain as Financials Trim Loss, Consumer Shares Rise
(DBN)

Offsetting Economic Data Keep Wall Street on Edge
(DBN)

Chris Dodd proposal hits Wall Street hard
(DBN)

Serious, Legitimate Offer Made to People Who Hate Goldman Sachs
(DBN)

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Layoffs:

Amid Democratic Impatience, Senators Move on a Jobs Bill
(DBN)

NY's layoffs get longer
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Sovereigns:

High Ratings at Risk for Big Economies
(DBN)

No room for error on US debt
(DBN)

Moody's: US Debt Not in Danger of Losing Triple-A Rating. Yet.
(DBN)

Moody's Says US Debt Could Test Triple-A Rating
(DBN)

America's Debt Gets Scary
(DBN)

Debt and the People: The Hot ... and Concluding Disquietudes
(DBN)

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Autos:

Visteon files amended bankruptcy -revamp plan
(DBN)

Alix hires former GM chief
(DBN)

Law firms gear up for dealers
(DBN)

Jury Awards $15 Million in Accident Case, Clears Lawyerless Chrysler
(DBN)

Toyota takes aim at California runaway Prius story
(DBN)

Are cosmic rays really causing Toyota's woes?
(DBN)

Wear on Runaway Prius Brakes Raises Questions
(DBN)

Toyota Prius's 90mph runaway ride 'not feasible', says leaked government memo
(DBN)

Tests on Prius cast doubt on Sikes' runaway-acceleration story
(DBN)

Toyota Customers Sue for Refunds Over Acceleration
(DBN)

Toyota Faces Racketeering, Unfair Business Practices Claims
(DBN)

UAW, Toyota reach deal on NUMMI closing
(DBN)

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Accounting:

Regulators demand detailed Lehman Brothers' papers from Ernst & Young
(DBN)

Auditors' role in Lehmans collapse unites opposition in calls for reform
(DBN)

Accounting failure
(DBN)

Auditors' image in need of polishing
(DBN)

Lehman's Fishy Accounting: Have We Learned Anything?
(DBN)

Inside Ernst & Young: Talking Points and Back to the Grind
(DBN)

Another Lehman Accounting Trick Ending in ‘105’
(DBN)

SEC Should Calm Markets, Ahead of Possible Audit Crisis
(DBN)

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Agriculture:

South Fla. farming enterprise files for bankruptcy
(DBN)

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Hotels:

Starwood says its bid for Extended Stay is better
(DBN)

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Banking:

WaMu Equity Continues Heavy Trade
(DBN)

Overdraft Fees Suit Stays Alive in Federal Court
(DBN)

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Student Debt:

A New Source for Student Loans
(DBN)

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Economy:

Is Capitalism A Bad Word?
(DBN)

Defining the American Middle Class in Recession
(DBN)

US industrial output rises again
(DBN)

FedEx: Double Dip Recession Coming
(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:

Home Builders Can't Compete With Foreclosures
(DBN)

Homebuilder sentiment index falls in March
(DBN)

Barclays: Foreclosure Backlogs Are Worst in Florida, New York
(DBN)

Break in Case of Bankruptcy: GMAC Splits Mortgage Account
(DBN)

Wilmington Trust Appointed to Unsecured Creditors' Committee in Orleans Homebuilders, Inc. Bankruptcy Case
(DBN)

Anthracite Capital to liquidate under Chapter 7
(DBN)

Navigating the Mortgage Minefield
(DBN)

Mortgage Fraud Declines but Remains Virulent
(DBN)

Is California’s High-End Housing Market in Trouble?
(DBN)

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Health Care:

Hospital board member resigns
(DBN)

No buyers surfacing for former Winona Hospital
(DBN)

Downey Regional Medical Center Talks With Daughters of Charity Health System Ended
(DBN)

At Ohio Rally, Obama Tries to Personalize the Health Care Bill
(DBN)

When the Only Hope Is a Peaceful Ending
(DBN)

Millions Spent to Sway Democrats on Health Care
(DBN)

With Medicaid Cuts, Doctors and Patients Drop Out
(DBN)

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Corporate Reform:

Dodd Debuts Revised Financial-Reform Plan
(DBN)

An Appeal Across the Aisle on Financial Overhaul
(DBN)

The Federal Reserve as Piggy Bank
(DBN)

A Different Kind of Housing Puzzle
(DBN)

Dodd Makes His Play
(DBN)

6 key points of the financial regulation legislation
(DBN)

Highlights of Sen. Dodd's financial regulation bill
(DBN)

Dodd's 2nd shot at financial reform still leaves loopholes
(DBN)

Senator Dodd and Financial Regulation: New Plan, Old Problems
(DBN)

Dodd's bill includes 'Volcker rule,' ability to sue credit-rating agencies
(DBN)

Meet The New Financial Regulations Chris Dodd Just Proposed
(DBN)

Dick Armey Takes Shots at Financial Regulation Plan
(DBN)

What Would a New Consumer Protection Agency Do?
(DBN)

Dodd's Not-Independent Consumer Watchdog
(DBN)

A Closer Look At Consumer Protections In Dodd’s Financial Reform Bill
(DBN)

State attorneys general vie for stronger consumer protection role
(DBN)

Girding for the Wall Street Vs. Main Street Fight
(DBN)

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Aviation:

Continental Scraps the Free Food
(DBN)

Robin Hood Aviation files for bankruptcy protection
(DBN)

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Lehman:

Lehman Plans to End Bankruptcy , Create New Company
(DBN)

Lehman Brothers Files Plan for Liquidation With Court
(DBN)

Alvarez & Marsal May Revive Lehman as Money Manager
(DBN)

Lehman Brothers 'sacked whistleblower after he raised concerns with auditors'
(DBN)

Lehman Might Put All Creditors in Same Payment Pool
(DBN)

Lehman fired whistle blower in June 2008
(DBN)

Lehman's Repo 105: More Than You Ever Wanted to Know
(DBN)

Findings on Lehman Take Even Experts by Surprise
(DBN)

You, Lehman’s Re-Po Magic, and Ernst & Young
(DBN)

U.K. regulator probes Lehman's repo accounting
(DBN)

Lehman: Criminal Prosecution Possible, Says Pitt
(DBN)

Why We Should Not Criminally Prosecute Lehman Execs
(DBN)

Here Are The People Who Are Going To Get Nailed In The Lehman Examiner Fallout
(DBN)

Erin Callan criticized in report on Lehman
(DBN)

How a Corrupt Lehman Nearly Hoodwinked Washington
(DBN)

Why Did Ex-Lehman Executives Talk to Examiner?
(DBN)

Revealed: Why Buffett Turned Lehman Down
(DBN)

Another Disturbing Finding in Lehman Bros. Report
(DBN)

Lehman report raises derivatives clearing fears
(DBN)

Frank Partnoy: Lehman Examiner Punted on Valuation
(DBN)

At Lehman, Watchdogs Saw It All
(DBN)

How Lehman Brothers hid its problems from the world
(DBN)

Lehman Report: Why the US Balked at Bailing Out Lehman
(DBN)

Report detailing Lehman Brothers collapse wins praise
(DBN)

Lehman Brothers Executives Let Loan Exposures Balloon in Order to Save ‘100 Bankers’
(DBN)

Shining a harsh light on Lehman's bankruptcy
(DBN)

The Bankruptcy Court's Ruling in the Lehman-Metavante Matter – Has the Ticking Time Bomb of Enron vs. TXU Exploded or Been Defused?
(DBN)

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Awards:

David Neff Inducted As A Fellow Into The American College Of Bankruptcy
(DBN)

American College of Bankruptcy Inductees
(DBN)

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Theme Parks:

Six Flags note holders want committee vote nixed
(DBN)

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Newspapers:

Philly Newspapers Taping Incident Takes Center Stage
(DBN)

Trade Papers Struggling in Hollywood
(DBN)

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Credit Reporting:

Lower credit scores cost New Yorkers $1,400 a year
(DBN)

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New Bankruptcy Opinions
(2 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)

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Derivatives:

Goldman, Chase Don't Play Fair on Derivatives
(DBN)

Credit Default Swaps and the Empty Creditor Problem
(DBN)

Taking Derivative Risk Out of the Code
(DBN)

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Municipalities:

Gov. Chris Christie plans to cut NJ school aid by $800M
(DBN)

Forecasting NJ Pension Doom
(DBN)

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Finance:

Lender Kennedy Funding, Inc. sued for $282M
(DBN)

Junk Bond Avalanche Looms for Credit Markets
(DBN)

Advanta, bank subsidiary in tax fight
(DBN)

Bank Failures Threaten Small-Business Lending
(DBN)

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Credit Cards:

Credit card data signals consumer stress easing
(DBN)

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AIG:

The CDOs That Destroyed AIG: What They Knew and When They Knew It
(DBN)

No One Was Driving the AIG Train When It Went Off the Rails
(DBN)

Ex-AIG staff gets the $haft
(DBN)

Here's a surprise: AIG might pay back $170 billion of its $182 billion bailout.
(DBN)

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Fraud:

Lloyd’s Must Pay Stanford Defense for Now, Court Says
(DBN)

Madoff Family Seek Dismissal Of Cases Against It
(DBN)

NYC ex-bank prez charged in bailout fraud
(DBN)

One attorney quits, one sticks with Denny Hecker
(DBN)

There's Deep Fraud On Wall Street, And Goldman's Behavior In Greece Is Just The Tip
(DBN)

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Movies:

Meltdown movie magic
(DBN)

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Batteries:

Latest Battery Startup Shutdown: Firefly Energy
(DBN)

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Retailing:

General Growth lists properties headed for its bad company in bankruptcy reorganization
(DBN)

Swoozie's to auction its assets
(DBN)

The Real Retail Sales Numbers
(DBN)

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Shipping:

Shipping Market Is Worst Since World War II
(DBN)

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Golf:

Firethorne Country Club files bankruptcy
(DBN)

Ironhorse Country Club goes for $2.85 million at auction
(DBN)

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Green Products:

Maker of Wheatware products files for bankruptcy
(DBN)

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Art:

Salander Art to Be Sold as First Republic Makes Concessions
(DBN)

Art savior De Niro
(DBN)

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Avoidance Actions:

BearingPoint's Trustee Seeks Return of $8.1 Million From Yale
(DBN)

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Convenience Stores:

In bankruptcy sale, gas stations auctioned to ex-owner's cousin
(DBN)

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Compensation:

Pay czar limits exec pay at still-struggling GMAC
(DBN)

US Steel CEO's 2009 Pay Dives as He Rejects Awards
(DBN)

AIG Bonus Contract Terms Outed
(DBN)

Former A.I.G. Employees Might Sue Over Payouts
(DBN)

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Celebs:

De Niro, Bankrupt Art Gallery Settle Artwork Dispute
(DBN)

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Horse Racing:

NY horse breeders warn of risk if OTB funds cut
(DBN)

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Religion:

German Priest Close to Pope Is Suspended in Abuse Case
(DBN)

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UK:

More tax trouble for Gordon Ramsay
(DBN)

Readers Digest administrators consider nine offers
(DBN)

The Insolvency (Amendment) Rules 2010
(DBN)

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EU:

Europe Should Not Curtail Credit Default Swaps
(DBN)

EU Puts Off New Rules for Hedge Funds
(DBN)

EU Lost 4 Million Jobs in 2009
(DBN)

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Canada:

Canada Finance Chief Says Recovery Showing ‘Good Signs’
(DBN)

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China:

Is China's Politburo spoiling for a showdown with America?
(DBN)

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Greece:

Eurozone ministers study Greek options
(DBN)

Finance Ministers Stand Ready to Help Greece
(DBN)

Greece braces itself for EU meeting
(DBN)

Athens seeks 25bn loan facility
(DBN)

Greek Aid Options Include Loans, Dutch Minister Says
(DBN)

Greece's finances, the menacing numbers
(DBN)

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Middle East:

DW issue 'an ordinary commercial restructuring'
(DBN)

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Germany:

Karstadt Administrator Wants to Sell Chain by End of April
(DBN)

German Investor Confidence Drops Again in March
(DBN)

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