March 22, 2010

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Baker Botts – Houston (And other Baker Botts / Houston law firm news.)
(DBN)

At Covington, It’s Always Sunny in California. On the East Coast, Not So Much.
(DBN)

Former Client Sues Gibson Dunn
(DBN)

Encyclopedia Britannica Sues Dickstein Shapiro for $250 Million
(DBN)

Duane Reade Denies Owing NY Firm $7.1 Million
(DBN)

Client Had "Disposable Income And A Zealous Interest In Litigating"
(DBN)

The Death of Big Law
(DBN)

One Week After Storm, Manhattan Building Still Closed and Several Law Firms Out on the Street
(DBN)

In-House Lawyer off the Hook for Alleged Errors Leading to $19 Million Award
(DBN)

Weil Wins Injunction Against Fly on the Wall
(DBN)

Judge Strikes NY Associate's Allegations of Partner Boasting of Affairs and Drug Use in Suit
(DBN)

Time for a Movement for Legal Reform
(DBN)

Stolen Case Info Creates Ethics Haze for Lawyers
(DBN)

County Atty Turns in Keys After License is Suspended Over ‘06 Relationship With Client
(DBN)

Simplicity Law Has 3 Attorneys & Big Plan: A Presence in Top 100 Markets
(DBN)

Philly Firm Faces Manhattan Showdown With NY Lawyer Over $250,000
(DBN)

St. Louis Pays a Second Law Firm to Stay in Downtown Building
(DBN)

King of State Case Law Coverage (Non-Wexisberg) Goes to Casemaker
(DBN)

Latest BigLaw Fad: Practice Groups
(DBN)

Lawyer Charged in Alleged Courthouse Shoving Incident
(DBN)

Ex-McNair Partner Accused in Alleged $3.5M Ponzi Scheme
(DBN)

For Some Lawyers, the Path to Partnership Has Detours
(DBN)

Why So Few Women Partners? Maybe They Don’t Want the Job, Lawyer Says
(DBN)

Why Don’t Women Stay at Law Firms? Here’s One Take
(DBN)

Notable Notes on Kathleen Sullivan and Other Female Name Partners
(DBN)

More Work Is Needed to Reach a Fair 9/11 Settlement, Judge Says
(DBN)

KKK Leader Excused from Jury Duty; Threatened to Appear in Full Klan Uniform
(DBN)

Law School Groups Back Hastings in High Court Fight With Christian Student Group
(DBN)

Texas Criminal Defense Attorney Beats Barratry Rap
(DBN)

Released From Prison, Lerach to Speak at Law School Panel
(DBN)

Just a Bunch of Ex-Cons, Enjoying Their Freedom
(DBN)

Lawyer’s Lover Ordered to Pay $9M in Alienation of Affection Case
(DBN)

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Judges:

Federal Judge Orders More Talks on 9/11 Deal
(DBN)

Drug Court ‘Ladies Day’ Features Oprah-Like Judge
(DBN)

White House Said to Have Short List Ready for Justice Stevens' Slot
(DBN)

Will West Virginia Set the New Model for Judicial Elections?
(DBN)

Economic Crisis and the Rise of Judicial Elections and Judicial Review
(DBN)

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Courts:

Expanding Caseload Fuels Judiciary Request for Resources in 2011
(DBN)

Report: Los Angeles, San Francisco courts among the nation's worst
(DBN)

Delaware ranked best legal climate; West Virginia the worst
(DBN)

Illinois home to two 'jackpot jurisdictions'
(DBN)

Texas legal environment improves
(DBN)

Louisiana courts, judges get failing marks
(DBN)

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Wall Street:

U.S. stock futures point to weaker start
(DBN)

Stocks in Asia and Euro Drop on Worries About Greece's Debt
(DBN)

Those Wall Street Gamblers Might Not Be Bad After All
(DBN)

Money-market funds see biggest outflow since Lehman bankruptcy
(DBN)

Liars Poker II
(DBN)

Investors: Reasons to Still be Cautious
(DBN)

In Recessions, Do Women Have Investment Edge?
(DBN)

Does Icahn Still Make Them Tremble?
(DBN)

The Perks of Being a Goldman Kid
(DBN)

Reining In Greed at Goldman
(DBN)

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Layoffs:

Credit checks on job applicants arouse backlash
(DBN)

35 Cities with Unemployment Above 15%
(DBN)

New York Unemployed: No Recovery in Sight
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Insurance:

'We're going to control the insurance companies'
(DBN)

Bond Insurers Seek $10 Billion From Banks
(DBN)

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Lehman:

Lehman exec letter warned on misleading investors: report
(DBN)

Lehman Bankruptcy Could be Most Expensive in History
(DBN)

Dodd Seeks US Inquiry Into Lehman's Accounting
(DBN)

Lehman's Demise, Dissected
(DBN)

Senator urges prosecutors to look at Lehman
(DBN)

Report Shows Lehman Brothers Sought Help From GE
(WSJ: separate paid subscription required)

We're 'Shocked, Shocked': There Was Gambling Going On at Lehman Brothers
(DBN)

Lehman Accounting Tricks Probably Illegal
(DBN)

Lehman's accounting ruses used at Gulf firms
(DBN)

Wall Street golden girl falls off the glass cliff
(DBN)

Lehman shows gaps in law, examiner says; firm stands by work
(DBN)

It's business as usual for Lehman Brothers chiefs
(DBN)

Lehman Brothers plans its comeback
(DBN)

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Golf:

Barrington Hall's golf greens in the red
(DBN)

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Economy:

Bernanke Says Large Bank Bailouts 'Unconscionable,' Must End
(DBN)

Bernanke Says Public Shouldn't Pay to Wind Down Financial Firms
(DBN)

Greenspan & Bernanke still don't get it
(DBN)

Fed Must Release Bailout Documents Identifying Firms on Brink
(DBN)

First Moody's, Now IMF Warns America on Economy
(DBN)

World's slums grow
(DBN)

IMF warns of 'acute' public debt dilemma
(DBN)

Greenspan: It was Failure of Regulators
(DBN)

What Blockbuster Video Can Teach Us About Economics
(DBN)

U.S. Insurers Purchase Corporate Bonds in Market ‘Raining Gold’
(DBN)

The Resentment Zone: Losing Means-Tested Benefits
(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:

Collapse in Home Prices Hits Overvalued Markets Hardest
(DBN)

How Many Homes Do Banks Have Up Their Sleeves?
(DBN)

Finding in Foreclosure a Beginning, Not an End
(DBN)

Trust, Underwater
(DBN)

LandAmerica: Money wasn't really safe, families discover
(DBN)

Investments in auction-rate securities proved catastrophic for LandAmerica
(DBN)

Home loan modifications damage credit
(DBN)

Congress Told HAMP Will Cost $53bn Less than Expected
(DBN)

Pools That Need Some Sun
(DBN)

When Not to Pay Down a Mortgage
(DBN)

Less Interest in Interest-Only Loans
(DBN)

AZ lawmakers vote not to expand shield in bankruptcy
(DBN)

In Boston, a Lender Steps in After Foreclosures
(DBN)

Vacant office buildings dot Portland suburban areas
(DBN)

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Celebs:

Playmate Anna Nicole Smith's heirs, left penniless
(DBN)

9th Circuit Declares Anna Nicole Smith's Estate the Big Loser on Preclusion Grounds in Dispute with Pierce's Estate Over Her Right to Money from J. Howard Marshall's Estate
(DBN)

Diddy's Interest In Soccer Club Is Crystal Clear
(DBN)

Warren Buffett Rocks Out
(DBN)

VIP stylist Andre Chreky declares bankruptcy before second sexual harassment trial
(DBN)

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Banking:

Regulators shut 7 banks in 5 states
(DBN)

Fed Chief Takes Aim at Banks as Obama Pushes Overhaul
(DBN)

Do WaMu logo and trademarks have value?
(DBN)

Inside the bank job
(DBN)

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Sovereigns:

Bonds Show U.S. Losing AAA
(DBN)

IMF Warns Wealthiest Nations About Their Debt
(DBN)

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Newspapers:

Big US newspaper publisher exits bankruptcy
(DBN)

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Private Equity:

PE Firms Take Champion Enterprises Out of Bankruptcy
(DBN)

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Corporate Governance:

Activist investors to push back against lax corporate governance
(DBN)

Shareholder Opportunism in a World of Risky Debt
(DBN)

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Health Care:

Bucyrus Community Hospital announces bankruptcy
(DBN)

30 million new patients will mean rationing by doctors
(DBN)

House Approves Health Overhaul, Sending Landmark Bill to Obama
(DBN)

Health Reform's Winners And Losers
(DBN)

In Reform, Boons for Hospitals and Drug Makers
(DBN)

Health care reform bill 101: Who must buy insurance?
(DBN)

Health care reform bill 101: Who gets subsidized insurance?
(DBN)

Health care reform bill 101: Who will pay for reform?
(DBN)

How long will reform take?
(DBN)

What's a health 'exchange'?
(DBN)

Aetna: ‘We've Never Seen’ Such Rate Increases From Hospitals
(DBN)

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Video Rentals:

Bankruptcy Isn't Best Option for Blockbuster: Poll
(DBN)

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Finance:

GE Capital is Co-Lender in $109 Million Cash Flow Exit Financing for Muzak
(DBN)

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Aviation:

Thousands of BA flights canceled as crew on strike
(DBN)

Air China gains control of Shenzhen Airlines
(DBN)

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Compensation:

US pay czar to trim top GM executives' salaries
(DBN)

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Litigation:

Confusion Carries the Day in E-Discovery
(DBN)

One Ridiculous Lawsuit Against Goldman
(DBN)

Bankruptcy Pleading Standards After Twombly and Iqbal
(DBN)

Courts Reject Hindsight Assessments, Dismiss Subprime Securities Suits
(DBN)

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Trucking:

300 jobs at risk in C. Bean Transport bankruptcy reorganization
(DBN)

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Credit Cards:

Credit card companies won't quit
(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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Non-Profits:

Acorn on Brink of Bankruptcy, Officials Say
(DBN)

NY Times: We Got the ACORN Story Wrong, Considering Correction
(DBN)

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Discharge:

LLC is an Express Trust for Non-Dischargeability Purposes
(DBN)

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Accounting:

Financial Accounting and Decency
(DBN)

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Theme Parks:

Six Flags, bondholders reach proposal to end bankruptcy
(DBN)

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Fraud:

Judge mulls bankruptcy for Stanford fraud case
(DBN)

Denny Hecker stole from his kids to pay for mansion during bankruptcy
(DBN)

Court documents say Solomon Dwek stashed $1 million from authorities
(DBN)

Insurance Companies Must Fund Former Stanford Executives' Defense Until Court Rules
(DBN)

Our Ponzi Nation: Nemazee, Big Donor to the Dems, Pleads Guilty
(DBN)

Dealing With Fraud By Denial
(DBN)

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Autos:

Volvo's Dangerous Road
(DBN)

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Retailing:

Bankrupt General Growth faces problem of plenty
(DBN)

New Cushman & Wakefield CEO Steps Down from General Growth Board
(DBN)

Tello's files for bankruptcy , plans to shutter three stores
(DBN)

Borders faces critical April 1 loan deadline
(DBN)

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Religion:

Pope makes 'extraordinary' apology in sex-abuse cases
(DBN)

Pope's letter on abuse 'weak'
(DBN)

Pope Benedict Knew of Sexual Abuse Before Becoming Pope
(DBN)

Fresh abuse claims in Pope's former Munich diocese
(DBN)

Could Diocese bankruptcy affect lay worker pensions?
(DBN)

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Hockey:

No Deal Yet for Coyotes
(DBN)

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Agriculture:

Bankruptcy of farming giant DuBois & Son stings various businesses
(DBN)

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Tax:

Credit Suisse Restricts Bankers’ Travel to Germany
(DBN)

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Municipalities:

Too many towns, too much debt: Welcome to Pennsylvania
(DBN)

States Look Beyond Borders to Collect Owed Taxes
(DBN)

Four Cities Bested the Recession
(DBN)

Westfall Twp.'s first-in-the-state bankruptcy may not be Pennsylvania's last
(DBN)

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Debt Collection:

High-End Repo Man Thrives
(DBN)

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Corporate Reform:

Obama Says New US Financial Regulations Are 'Essential'
(DBN)

Obama's US Top Cop for Banks Wants Less Regulation
(DBN)

Politics continues to threaten finance reform
(DBN)

Dodd financial reform bill goes too far
(DBN)

Senators can't agree on OTC derivatives rules
(DBN)

Dodd Bill May Allow for 'Backdoor Bailouts,' Bair Says
(WSJ: separate paid subscription required)

The Case for Financial Reinvention
(DBN)

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UK:

Insolvency law could be changed to boost pre-packs
(DBN)

Judge criticizes conduct of Portsmouth administrator
(DBN)

Keeper claims he can't afford to pay ex-missus any more cash
(DBN)

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EU:

Sarkozy Opposes IMF Involvement in Greek Crisis, Widening Rift With Merkel
(DBN)

A Greek Bankruptcy Is Good For The Euro
(DBN)

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Greece:

The IMF: What a Deal for Greece!
(DBN)

Europe divided on aid to Greece
(DBN)

Barroso challenges Merkel on Greek aid
(DBN)

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Canada:

Pocklington says he was 'scammed' by US company
(DBN)

'Tenants from hell' avoid rent, leave trail of debt
(DBN)

Real Estate Housing Bubble in Canada?
(DBN)

______________

Germany:

Germany to Impose Levy on Banks
(DBN)

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Ireland:

29 property suicides leave State unmoved
(DBN)

______________

Asia:

IMF's Lipsky Says Emerging Asia to Grow 8.5% in 2010
(DBN)

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