March 2, 2010

The Daily Bankruptcy News

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Law:

Fried Frank Expands Bankruptcy and Restructuring Practice
(DBN)

Tony Horspool Joins Ropes & Gray
(DBN)

Judge Backs Trustee's Plan to Repay Madoff Victims
(DBN)

Baker Hostetler's Picard Victorious in Madoff Victims Case
(DBN)

Behind the Rise and Fall of a Class-Action King
(DBN)

We all agreed: Knowing the law was a good thing
(DBN)

Firms’ Layoffs of Part-Timers Is Shortsighted, Orrick Partner Says
(DBN)

In Praise of the Part-Time Lawyer
(DBN)

Age Policy Prompts Former Arnold & Porter Chairman's Move to Davis Polk
(DBN)

Laid Off MoFo Staffer Levels Charge At Associate
(DBN)

Revenue Down, Profits Flat at Winston & Strawn
(DBN)

The Crimson H: Jobless Harvard 3L Wonders, Why Me?
(DBN)

General Growth wants contempt against Coughlin Stoia
(DBN)

DOJ Sues 18 Lawyers, Says $300M PCBs Pact in 2003 Didn't Include Medicare Reimbursement
(DBN)

Debevoise, Slaughter Lead on Mammoth AIG Deal
(DBN)

Down, Down, Down, Down, Debeviose Down, Wah, Wah, Wah, Wah!
(DBN)

Ex-Secretary Sues Drinker Biddle Over Alleged Overtime Pay Violation
(DBN)

Are You a Member of the Gen-Y ‘Slackoisie’?
(DBN)

Freshfields has moved early to set the standard as the 2010 associate pay round kicks off in earnest
(DBN)

SJ Berwin partners set for payout as firm restarts profit distributions
(DBN)

Laptop? Check. Starbucks Card? Check. Handgun on Holster? Check.
(DBN)

Former BigLaw Leader Defects to NY Rival
(DBN)

Bankrupt clients turning lawyers into creditors
(DBN)

Steptoe to Ramp Up in Beijing, DLA in Brazil, K&L Gates in Warsaw
(DBN)

DLA Piper to Collaborate With Campos Mello in Brazil
(DBN)

38-Lawyer Hogan & Hartson Office to Join K&L Gates
(DBN)

‘Crockefeller’ Lawyer Says He Was ‘Done In’ by Paralegal
(DBN)

All You Ever Wanted to Know About John Michael Farren, the Ex-Bush Lawyer Charged With Attempted Murder of His Skadden Counsel Wife
(DBN)

Wake Forest Gives Law Students Money, Takes it Back Immediately
(DBN)

Summary of Commercial Law Cases 2009
(DBN)

The Resale Value of a Georgetown Law Degree
(DBN)

More Fall-Out From NALP’s Minor Recruiting Change
(DBN)

A Very Clever Business Card
(DBN)

Aw shucks. What a nice, altruistic young man...
(DBN)

Lawyers, Doctors Show Each Other Some Love
(DBN)

Say What?!
(DBN)

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Judges:

Down in Mississippi, No Judgerly Love
(DBN)

A Supreme Court of 1 Justice -- Sotomayor -- Rules Against Former 'D.C. Madam' Lawyer
(DBN)

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Courts:

Jacksonville Bankruptcy Bar says ‘Thank you’
(DBN)

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Wall Street:

Wall Street futures flat; economic data awaited
(DBN)

Data, Deal Talk Rally Stocks
(DBN)

Goldman Discloses a New Risk: Bad Publicity
(DBN)

Goldman Sachs needs to admit it made mistakes
(DBN)

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Layoffs:

Unemployment Benefits Began Ending Sunday February 28
(DBN)

What to Do About Long-Term Unemployment?
(DBN)

Underemployment, State by State
(DBN)

Winter storms to distort US jobless figures
(DBN)

IBM cuts hundreds of jobs
(DBN)

No Accountability in NY or DC: $15 Billion for Jobs, $20 Billion for Bonuses
(DBN)

2,000 Furloughs Linked to Impasse in Congress
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

US Treasury Sets Auction for Bank of America Bailout Warrants
(DBN)

No Sir Mister FDIC, There's No PE Firm Ownership Here
(DBN)

Grounding the Bank of America’s Ex-Chairman
(DBN)

Buffett Casts a Wary Eye on Bankers
(DBN)

235 Banks To Close Over Next 12-18 Months
(DBN)

Billionaire Banker's Blowout Year
(DBN)

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Fraud:

Payback formula for Bernard Madoff victims upheld
(DBN)

Judge: Some Madoff Investors Not Entitled to Recoveries
(DBN)

Some Madoff Victims May Have To Give Money Back
(DBN)

Madoff Investors Demand Punishment for DiPascali
(DBN)

Repayment Plan for Madoff Victims Puts Total Ponzi Scheme Loss at $20B
(DBN)

Skilling case latest to test 'honest services'
(DBN)

DOJ: Fraudsters Targeted Ticket Vendors in $25 Million Scheme
(DBN)

Madoff ruling could hit Hub charities
(DBN)

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Compensation:

Goldman Board Rejects Investigation on Compensation
(DBN)

Together Again: Goldman and AIG
(DBN)

Heads, Wall Street wins; tails, Wall Street wins
(DBN)

HSBC Bankers: We’re Underpaid
(DBN)

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Mail:

Bye-bye, Saturday mail?
(DBN)

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Hotels:

Sawgrass Marriott Files For Bankruptcy
(DBN)

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Economy:

Manufacturing Expands for Seventh Month
(DBN)

Kohn to leave Fed in June; gives Obama opening
(DBN)

Geithner, Summers Leading Search for Successor to Fed's Kohn
(DBN)

Fed's Plosser says not fan of Treasury loans for Fed
(DBN)

Personal Spending Rose Modestly in January, Income Lags
(DBN)

Dollar jumps on political, debt woes in Europe
(DBN)

Distress expert sees risk of double dip
(DBN)

We the Problem - Washington is working just fine. It's us that's broken
(DBN)

Krugman: If the Financial System Is Broken, Don't Half-Fix It
(DBN)

Firms Map Routes to Recovery - smaller, thriftier and wary of risk
(WSJ: separate paid subscription required)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

Uncle Sam's Deadbeat Mortgage Lenders
(DBN)

Who, in the End, Will Strategically Default?
(DBN)

Freddie Mac's Originators Balking At Buybacks
(DBN)

House Republicans Want More Information on Fannie, Freddie Bailout
(DBN)

Orleans Homebuilders files Chapter 11 bankruptcy
(DBN)

Former Visalia developer files for bankruptcy protection of Dallas properties
(DBN)

Fidelis sank as owners got rich, bankruptcy filing shows
(DBN)

Drywall fix could spell bankruptcy
(DBN)

Foreclosures now are just ‘tip of the iceberg’
(DBN)

Statler value sharply reduced
(DBN)

‘Entry-Level’ Mansions Are Sitting Empty
(DBN)

FHA's HARP Program Extended (And Pretended) By One More Year To June 30, 2011
(DBN)

FDIC to grease mortgage market with $1.8 bln deal
(DBN)

A Dark Day for the Mortgage Industry
(DBN)

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Insurance:

MBIA reports quarterly net loss of $242 mln
(DBN)

A guide to surviving the Kemper liquidation
(DBN)

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Enron:

Top court hears appeal by Enron's Skilling
(DBN)

Supreme Court Transcript in Skilling
(DBN)

Skilling's New Trial Bid May Divide Top US Court
(DBN)

Justices worried about fair trial for Skilling
(DBN)

Skilling's Big Day: Should He Have Been Tried in Houston?
(DBN)

Poll: Did former Enron president Jeffrey Skilling get a fair trial in Houston?
(DBN)

Skilling Seeks New Trial Without 'Tar and Feathers'
(DBN)

Skilling Argument: Justices Don't Tip Hand, Focus On Venue
(DBN)

A final chance to twist facts about the crooked 'E'
(DBN)

Enron CEO Jeffrey Skilling's Supreme Court argument attacked
(DBN)

Jeff Skilling Gets Even More Desperate To Prove Houston's Full of Hatahs
(DBN)

Skilling to Supremes: Define "Honest Services"
(DBN)

Jeff Skilling's Bid to Make Dishonesty the Best Policy
(DBN)

Will Skilling Get a New Trial? An Early Read of the Tea Leaves
(DBN)

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Golf:

Golf Resort Linked to Tiger Apology Files Bankruptcy
(DBN)

______________

Chemicals:

Creditors Set To Reject Bid For Lyondell
(DBN)

Reliance may look elsewhere as Lyondell hopes fade
(DBN)

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Fashion:

Gianfranco Ferre's Bankruptcy Protection
(DBN)

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Radio:

Regent Files Bankruptcy to Give Lenders Radio Company
(DBN)

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Retailing:

General Growth Posts 4Q FFO Loss
(DBN)

General Growth Aims to Confirm Bankruptcy Recovery Plan by Oct.5
(DBN)

______________

AIG:

Banking on Big Fees From the A.I.G. Deal
(DBN)

______________

Municipalities:

Johnstown Financial Crisis Ongoing; Group Suggests Filing Bankruptcy
(DBN)

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Litigation:

A Most Unspeedy Trial Plods Forward
(DBN)

Justices Question Selection of Skilling Jury
(DBN)

Legal Holds: Enforcement
(DBN)

______________

Aviation:

AMR Steps Back From the Abyss
(DBN)

JAL To Cut 5 Percent Of Jobs
(DBN)

Japan's Rabbits stewed after JAL bankruptcy
(DBN)

______________

Small Business:

Small Businesses Keep Staffs Lean
(DBN)

______________

Television:

ABC News plans to close all of its physical bureaus except DC, Halve number of correspondents
(DBN)

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Mass Torts:

More evidence needed in asbestos case
(DBN)

______________

Credit Cards:

Geico credit card: A rare Buffett mistake
(DBN)

______________

Building Materials:

Catalina Lighting Files Bankruptcy, Plans Sale
(DBN)

______________

M&A:

Bankers aren't the only conflicted parties in M&A
(DBN)

______________

Sovereigns:

Pimco's Bill Gross says government finances are looking more like those of bailed-out companies.
(DBN)

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New Bankruptcy Opinions
(1 new opinion 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)

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Bankruptcy Statistics:

US company bankruptcies drop
(DBN)

HI bankruptcies jump to 291 in February
(DBN)

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Bankruptcy Humor:

Bankruptcy Bill
(DBN)

______________

Bankruptcy Prediction:

Can We Predict a Corporate Bankruptcy?
(DBN)

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Bankruptcy Reform:

Bankruptcy Bills Introduced
(DBN)

In The ‘Back Seat’ No More: New Legislation Would Protect Workers, Retirees When Their Employers Go Bankrupt
(DBN)

______________

Newspapers:

NY Times not for sale today -- sorry, Wall Street
(DBN)

______________

Corporate Reform:

Dodd wants Democratic support for consumer protection regulator at Fed
(DBN)

State AGs Push for New Regulator
(DBN)

______________

Lehman:

What Was It Like Being Married to Lehman?
(DBN)

______________

Autos:

GM prepares for another management shakeup
(DBN)

General Motors' Long and Winding Road
(DBN)

Congress urges GM to negotiate Delphi pensions
(DBN)

GM recalls 1.3m cars over power steering fault
(DBN)

Dale Earnhardt Inc. Sued Over $3.25 Million GM Claim
(DBN)

GM Triples Opel Funding to Win Europe Government Aid
(DBN)

House panel pulls contested Toyota documents from Web site
(DBN)

______________

Gambling:

Station Casinos Denies Whistleblower's Charges
(DBN)

Cripple Creek's Imperial Casino Hotel closes
(DBN)

Black Gaming's bankruptcy filling "positive move'
(DBN)

______________

Distressed Investing:

US fund sees turnaround opportunities in Europe
(DBN)

______________

Sports:

Speedskaters Return To U.S. With Medals, Cash Crunch
(DBN)

______________

Trucking:

YRC makes further job cuts
(DBN)

______________

Finance:

CIT loses $900 mln in Q4 as it exits bankruptcy
(DBN)

CIT Late on Annual Report
(DBN)

______________

Celebs:

I'm a celebrity bankrupt!
(DBN)

______________

Debt Collection:

Consumer Sues Debt Collector for $800, Receives $120,000
(DBN)

Collection Law Firm Mann Bracken to Liquidate in Receivership
(DBN)

______________

Health Care:

Congress Gets Breathing Room Before Medicare Payment Cuts
(DBN)

Passaic's St. Mary's Hospital emerges from bankruptcy
(DBN)

Buffett: Health Care Costs Hurt Economy
(DBN)

Battle to Pass Health Bill Heats Up
(DBN)

______________

UK:

As Euro Jitters Ease, British Pound Faces Crisis
(DBN)

Allied Irish swings to loss as impairments surge
(DBN)

Carmakers turn the corner while suppliers suffer
(DBN)

______________

EU:

European Inflation Slows on Weakening Recovery
(DBN)

Greek crisis may store hidden benefits for Europe
(DBN)

______________

Canada:

Long-awaited Pocklington bankruptcy fraud trial hits another snag
(DBN)

Ian Thow pleads guilty to at least 20 charges
(DBN)

______________

Greece:

EU Sets Clock Ticking on Greece as Merkel Talks Near
(DBN)

It's All Greek to Me FAQ: Power of Commitment
(DBN)

Greece Told That More Cuts Must Be Made
(DBN)

German foreign min: Greece aid talk inappropriate
(DBN)

Germany's Merkel: Greece needs to implement plan
(DBN)

Greek PM says economic crisis confirmed worst fears
(DBN)

Greece Told That More Cuts Must Be Made
(DBN)

Greece, Europe and Alexander Hamilton
(DBN)

______________

Portugal:

Portugal Debt Chief: We Are Not Greece
(DBN)

______________

Japan:

Japan's Unemployment Rate Unexpectedly Falls to 4.9%
(DBN)

______________

Switzerland:

Switzerland's Recovery Accelerates More Than Forecast
(DBN)

______________

Australia:

Australia Raises Interest Rates as Economy Rebounds
(DBN)

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