March 18, 2010

The Daily Bankruptcy News

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Law:

Chadbourne Bids Final Farewell to 11 Deferred Members of Class of 2009
(DBN)

Deferred Stipends So 2009
(DBN)

Musical Chairs: Cadwalader Snags Three Prominent Proskauer Partners
(DBN)

N.Y. City Bar Retracts Survey's 'Not Satisfied' Finding on Deferred Associates
(DBN)

A Good Year For Cravath
(DBN)

Fried, Frank Profits Rise; Revenue Falls 13 Percent
(DBN)

Rothstein's World: An FBI Informant, A Lawyer's Free Rent, and a Free-Spending Wife
(DBN)

Skadden Sets the Pace for Start Dates and Salary Advances Instead of Stipends?
(DBN)

One Very Small Law Firm; One Extremely Large Computer Virus
(DBN)

The Brewing Dispute Between Law Firms and Lehman's Fee Committee
(DBN)

Pay Up or Else
(DBN)

Heckuva Job, Tim
(DBN)

Court of Chancery Questions Special Litigation Committee's Independence and Investigation; Denies Motion to Dismiss Litigation
(DBN)

Cooley Law Dropout Learns a Lesson in Res Judicata
(DBN)

Are Attractive People Better Lawyers?
(DBN)

Flood and Fire Displace Labaton and Schnader
(DBN)

In-House Counseling: You’re in Trouble
(DBN)

Just Another Suit Outta Boston . . .
(DBN)

Shut Up and Drive
(DBN)

Crouching Tiger, Hidden Pregnancy
(DBN)

Lawyers From Failed NY Firm Are Finding New Jobs
(DBN)

Former Apple GC Says He Will Help Bingham Better Understand Its Clients
(DBN)

Ruling on Gross Negligence Renders BP $100 Million Richer
(DBN)

Law Practice Can Trigger Stress Disorder, says Attorney Who Now Works as Therapist
(DBN)

How to Know if You're a Big Law Cog
(DBN)

Is BigLaw Devoid of Humanity, Culture and Sense of Humor?
(DBN)

Did Juror Steal Fellow Juror’s Credit Card? Prosecutor Probes New Case During Recess
(DBN)

3rd Circuit Bars Prosecution Threat for Teen 'Sexting'
(DBN)

Blog Offers Diagnosis for Harvard Law Prof’s Mysterious Illness
(DBN)

Yale Law Library Adds Bobblehead Dolls to Its Collection
(DBN)

Meet Corporette — A Lawyer With a Sense of Style
(DBN)

Judge Gives Killer Giraffe Reprieve
(DBN)

Hard economic times hit jury box
(DBN)

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Judges:

Porteous Proceedings Move To Senate
(DBN)

First One @ One First’s Guide to SCOTUS Seats, Part II: What to Expect?
(DBN)

Businessman Buys Ad to Criticize Judge for Presiding in Moot Court on Transgender Rights
(DBN)

Judge Who Married Defendant to Alleged Victim, Midtrial, Is Taken Off Bench
(DBN)

Obama taps NPR reporter's sister for federal bench
(DBN)

The unfathomable Supreme Court penchant for talking politics
(DBN)

My Bad!: The Supreme Court’s Assault on Judicial Elections
(DBN)

Ginni Thomas turns questions about her activism to her advantage
(DBN)

Study Shows Money Flooding into Campaigns for State Judgeships
(DBN)

How municipality can save money: cops do everyone's job.
(DBN)

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Courts:

Ga. Chief Justice: Tight Budgets Put Some Courts on Edge of Abyss
(DBN)

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Wall Street:

Stocks headed for lower start
(DBN)

Asian Stocks Mixed
(DBN)

Dow gains 48, hits 17-month high
(DBN)

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Layoffs:

Jobs Bill Passes in Senate With 11 Votes From Republicans
(DBN)

Jobs bill on way to Obama for signature
(DBN)

Siemens to cut 1,000 jobs
(DBN)

Superior Court Lays Off 329 Employees, Closes 16 Courtrooms
(DBN)

Schools of Sharks
(DBN)

With Obamanomics, Is 'Extended' Unemployment Forever?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

CFO learns of GM from inside
(DBN)

GM still not identifying which dealers get new life
(DBN)

Wall Street guru H. Rodgin Cohen has words for Detroit
(DBN)

Chevy Scratches Cubs From Sponsorship Lineup
(DBN)

Visteon Shares Soar On… Well, Anyway, They Soar
(DBN)

Moody's upgrades Ford and says may upgrade again
(DBN)

GM CFO Optimistic About Automaker's Future
(DBN)

GM's Liddell: 2010 profit possible
(DBN)

Big 3 expect drop in European sales
(DBN)

Toyota Venture Plant's Union Chief Criticizes Severance Terms
(DBN)

UAW OKs Severance Pact in Calif. Plant Shutdown
(DBN)

Toyota's legal, safety challenges widen
(DBN)

Ford's Mulally Says Volvo, Geely Talks Continuing
(DBN)

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Video Rentals:

Blockbuster Running Out Of Cards To Play
(DBN)

Fitch Downgrades Blockbuster's IDR to 'C'
(DBN)

Call it Block-bust-ed
(DBN)

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Fashion:

Mariella Burani declared insolvent
(DBN)

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Municipalities:

Cloud of bankruptcy looms over the City of Los Angeles
(DBN)

Cash-Strapped New York State Halts $500 Million In Tax Rebate Checks
(DBN)

New Jersey to skip $3B pension contribution
(DBN)

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Ethanol:

Aventine Successfully Emerges From Bankruptcy
(DBN)

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Economy:

Led by Energy, U.S. Wholesale Prices Fall
(DBN)

Producer prices post biggest drop in 7 months
(DBN)

Recession Poetry
(DBN)

Volcker Rule Dead?: Investors Seem Skeptical
(DBN)

To Fill Budget Gaps, ‘Stealth’ Taxes Are Creeping Up
(DBN)

Real victims of banks' misdeeds seek bailouts
(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:

Obama Overstates Loan Modification Success, Republicans Say
(DBN)

TARP Inspector Barofsky Puts HAMP Under the Microscope
(DBN)

Private Loan Mods Outnumbering Govt. Mods
(DBN)

Wells Fargo signs up for loan modification program
(DBN)

Housing Recovery? Hardly
(DBN)

Total Weekly Mortgage Applications Fall
(DBN)

Mortgage modification businesses ordered to cease and desist
(DBN)

So You Want to Walk Away from the Mortgage…
(DBN)

The Home-Buyer Tax Credit Countdowns Begin
(DBN)

Homeowners Going for Strategic Defaults
(DBN)

Top Mortgage Servicers Set for More Incentive Payments from HUD
(DBN)

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Health Care:

Walgreens: no new Medicaid patients as of April 16
(DBN)

Premiums would rise under Obama plan
(DBN)

Idaho first to sign law to sue fed gov't over healthcare; 37 other states consider
(DBN)

Where does health care reform stand?
(DBN)

Democrats Cite 2 New Pledges as They Press Health Bill
(DBN)

Californians Without Health Care Rises
(DBN)

Middle Class Texans Losing Health Care
(DBN)

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Corporate Reform:

Elizabeth Warren's fight for financial reform
(DBN)

The Financial Stability Oversight Counsel
(DBN)

Bernanke to wage fresh battle for Fed powers
(DBN)

Would Fed Become the 'Too-Big-To-Fail Regulator'?
(DBN)

Bernanke Says Fed Doesn't Want to Be 'Too Big to Fail' Overseer
(DBN)

Bernanke Says Dodd Plan Would Harm Fed's Ability to Spot Risks
(DBN)

Highlights: Bernanke, Volcker testimony on banking regulation
(DBN)

Bernanke and the Fed say they're gonna get it right...next time!
(DBN)

Bernanke: Fed should oversee big and small banks
(DBN)

Should the Fed Supervise Banks?
(DBN)

Volcker Wants Second Vice Chair at Fed
(DBN)

Comparing the House and Senate Financial Reform Bills
(DBN)

Sanders Raises Concerns on Dodd's Banking Bill
(DBN)

SEC boss: Agency examining companies
(DBN)

Wachovia to Pay $160M in Deferred Prosecution Agreement
(DBN)

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Fraud:

Two Ex-Madoff Computer Programmers Are Indicted by Grand Jury
(DBN)

Madoff assaulted by another inmate in December: report
(DBN)

Goldman Sachs Sued for Not Divulging Internal Madoff Ban to Client
(DBN)

$100 Million Ponzi Alleged; Leaders Vanish
(DBN)

Felon Ran $200 Million Ponzi, Victims Say
(DBN)

Stanford Receiver Sues Ben Barnes For $5M (scroll down)
(DBN)

Stanford to remain in jail until trial
(DBN)

Scam Defendant Accused of Starting New Fraud to Pay Lawyer in First Case
(DBN)

Big Banks Face Fraud Charges In Italy
(DBN)

Hecker again faces jail time over divorce
(DBN)

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Finance:

What Will Happen to GMAC?
(DBN)

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Warehouses:

Bankruptcy Brings New Twist to McClung Warehouses Saga
(DBN)

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Trucking:

YRC reports profit on $194M debt-redemption gain
(DBN)

Receiver Closes C. Bean Transport, Files for Bankruptcy
(DBN)

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Religion:

Catholic Church Can Blame Itself for Sex Scandals, Declining Confidence
(DBN)

Sex Scandal Embroils Catholic Church in Brazil
(DBN)

The Moral Imperative of…Investment Banking?
(DBN)

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Avoidance Actions:

U.S. Appeals Court Vacates Judgment Against Americas Mining Corporation
(DBN)

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Injunctions:

US Third Circuit further defines bankruptcy courts’ ability to enjoin actions between non-debtor affiliates and third parties
(DBN)

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Student Debt:

Student loan reform bill triggers protests
(DBN)

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Green Products:

Maker Of Green Products Seeks To Recycle Its Debt
(DBN)

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Hotels:

Extended Stay accepts Starwood reorganization bid
(DBN)

Dubai World, Turnberry Might Keep Fontainebleau Miami
(DBN)

Deloitte: Lodgian’s viability in doubt
(DBN)

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Tax:

Car Wash Owners Sends IRS Their Four Cents
(DBN)

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Accounting:

Deloitte pension liability hits £234m
(DBN)

Ernst and Young Found Negligent in Lehman Report, Tough Consequences
(DBN)

Nowhere To Hide: Ernst & Young Looking at More Civil and Criminal Liability for Lehman Failure
(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)

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Lehman:

Former Lehman CEO Dick Fuld: ‘What Me Worry’?
(DBN)

Does Lehman Examiner's Report Vindicate Dick Fuld?
(DBN)

House panel to explore Lehman examiner report
(DBN)

Lehman Accord on JPMorgan Claims Wins Court Approval
(DBN)

Lehman lessons
(DBN)

Repo 105: “Like, whatever”
(DBN)

Lehman Bankruptcy Plan Aims To Please Hedge Fund Creditors
(DBN)

Why Lehman's Bankruptcy Exit Is Good News for OfficeMax
(DBN)

Fed didn't know about Lehman accounting 'gimmicks'
(DBN)

Jasjit “Jesse” Bhattal: The Man Who Saved 3,000 Lehmanites
(DBN)

Former Lehman Executives ‘Giggle’ at ‘Nonprofessionals’ Who Think Losing Billions of Dollars Is a Big Deal
(DBN)

Lehman Brothers: accounting to us all
(DBN)

Lehman smoking gun leaves E&Y facing questions
(DBN)

Dutch Lehmann investors may sue ABN Amro
(DBN)

Lehman Bros. Bankruptcy Offers Prime Example of How Not to Grow a CRE Portfolio
(DBN)

SEC Didn't Act on Lehman's 'Problematic' Liquidity
(DBN)

Schapiro Says SEC Is Looking Beyond Lehman
(DBN)

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Bankruptcy Reform:

The Bankruptcy Code Without Safe Harbors
(DBN)

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Mass Torts:

Jury Finds Plaintiffs Lawyers Defrauded Railroad in Asbestos Suit
(DBN)

They Weren't Going to Be Railroaded: Plaintiffs' Lawyers Put Down
(DBN)

Thriving in the Midst of Financial Distress? An Analysis of Firms Exposed to Asbestos Litigation
(DBN)

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Banking:

About That $19 Billion ...
(DBN)

Calling on Big Banks to Do More for the American Middle Class
(DBN)

More States Bashing Big Banks
(DBN)

Senate Inquiry to Open With Probe of Washington Mutual
(DBN)

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Sovereigns:

America May Truly Be In Decline
(DBN)

The world's oddest financial instrument: an insurance policy that pays off only if the U.S. goes bankrupt
(DBN)

Gensler: Not Sure Banning Sovereign CDS Would Work
(DBN)

Corporate Borrowers Reap Benefit From Sovereign Debt Crisis
(DBN)

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Retailing:

General Growth shares jump on new Simon bid talk
(DBN)

Retail Leasing Activity Helps Offset Deluge of Vacant Junior Anchor Stores
(DBN)

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Litigation:

US court orders seizure of Rosneft assets under Yukos lawsuit
(DBN)

Forum Shopper's Remorse
(DBN)

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Finance:

Thain looks good early, but CIT will decide his fate
(DBN)

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Politics:

Republicans Ridicule Bike Lanes
(DBN)

Senate Rejects Freeze on Earmarks
(DBN)

The Senate's proud porkers
(DBN)

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Debt Collection:

Hacker Disables More Than 100 Cars Remotely
(DBN)

Civil Suits Against ARM Companies Soar in 2009: U.S. Courts
(DBN)

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Celebs:

Baseball's Dykstra sues JPMorgan for $100 million
(DBN)

Lenny: error by bank
(DBN)

Saints coach suing ex-player over investment
(DBN)

Why Was Corey Haim Broke When He Died?
(DBN)

'CBS Sunday Morning' profile catches Newton amid ever-changing hardships in his life, career
(DBN)

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Gambling:

Station, lawyers for ex-workers seek extended stay from court
(DBN)

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Horse Racing:

Equine breeding operation files for Chapter 12 bankruptcy protection
(DBN)

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UK:

IPs weigh up Regus insolvency threat
(DBN)

The not-so-beautiful game
(DBN)

HMRC drops Portsmouth administrator challenge
(DBN)

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EU:

Merkel Says the EU Must Have the Option of Expelling a Member
(DBN)

German Calls for Austerity Have Europe Grumbling
(DBN)

Jim Rogers: Euro Will be Dead in 20 Years
(DBN)

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Italy:

Four banks to be tried in Milan derivatives test case
(DBN)

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Greece:

EU Reassures Greece Of Aid, if Needed
(DBN)

Greece may turn to IMF without E.U. aid: reports
(DBN)

Euro Weakens as German Lawmaker Says Greece Should Turn to IMF
(DBN)

Head scratching over EU plans for EMF, helping Greece
(DBN)

Dancing around Greece
(DBN)

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Russia:

Rosneft Shares Slump on Yukos Litigation Warning
(DBN)

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China:

China in Midst of 'Greatest Bubble in History'
(DBN)

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Iceland:

Iceland, the Mouse that Roared
(DBN)

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