March 26, 2010

The Daily Bankruptcy News

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Law:

Weil Gotshal tops M&A advisers as market opens up
(DBN)

Lawyers Vie at Toyota Hearing
(DBN)

In Battle of Toyota Lawyers, It’s Mark v. Mark v. Mark
(DBN)

Toyota Asks to Have More than 200 Lawsuits Heard Before One Judge
(DBN)

Attorneys Argue Over Venue for Toyota Litigation
(DBN)

Suit by Fired Davis Wright Secretary Says Overwork After Layoffs Caused Panic Attacks
(DBN)

Top Law Firm Taps Ex-Partners to Lead Client Survey
(DBN)

Duane Morris Increases Revenue 5 Percent, PPP 4 Percent
(DBN)

Ashurst, Clifford Chance, Latham Leading on Latest Dubai Debt Restructuring
(DBN)

GTM bulks up restructuring with hire of Kirkland London partner duo
(DBN)

What Did Clifford Chance Offer to Pay to Settle a Discrimination Case?
(DBN)

Ropes & Gray Moves to Dismiss Malpractice Suit
(DBN)

Pls Hndle Thx: High Anxiety
(DBN)

Attorney/Client Privilege Not Waived When Using Employer's Computer
(DBN)

Schulte Nixes Seamless Before 8:30
(DBN)

44% of female UK lawyers think flexible working harms career
(DBN)

Wiley Rein Inks 335,240-SF Renewal in CBD
(DBN)

Foreign Companies Fight ‘Class-Action Mills’ at Top U.S. Court
(DBN)

Top State Court Fines County $371K for Delayed Response to 1997 Public Records Request
(DBN)

Open Letter to "New Lexis.com" - Learn from WestlawNext Mistakes
(DBN)

Legal Secretary of the Day: Not Getting Fired Leads to Getting Fired
(DBN)

Lawyer Staged His Suicide to Look Like a Murder, Say Police
(DBN)

Escaped Convict Captured After Telling of His Exploits on Facebook
(DBN)

The Hills Have Thighs
(DBN)

Law Student Who Sued School re Grade Needs to Study Up on Contract Law, Appeals Court Says
(DBN)

One-Elle: Female Law Students in Pop Culture
(DBN)

Law Student Gets Some Cash from Game Show
(DBN)

Bar Function :)
(DBN)

______________

Judges:

Judge could be Supreme Court contender
(DBN)

Judge's action in 9/11 health case raises eyebrows
(DBN)

Crowded field lines up for federal judgeships
(DBN)

Judge in Hot Seat After Marrying Alleged Abuser to Beating Victim
(DBN)

5th Circuit Scolds Miss. Federal Judge Over Delays
(DBN)

Breyer and Scalia Take Their Road Show Inside
(DBN)

Unsound and Unfit
(DBN)

In Possible Retirement, the Likelihood of an Election-Year Confrontation
(DBN)

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Wall Street:

Wall St futures point to higher open; data eyed
(DBN)

China, HK shares rise on rate views, Greece debt plan
(DBN)

Markets Pull Back, Giving Up the Day’s Gains
(DBN)

New York Helicopter Commute for $200 a Day Signals Revival
(DBN)

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Layoffs:

New jobless claims less than expected
(DBN)

Don’t Be Shocked by Jobs Boom Next Week
(DBN)

Young Workers Squeezed Out of Job Market
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Newspapers:

New debt drama at Philadelphia paper
(DBN)

Secret Taping of Meeting on Agenda at Newspaper Hearing
(DBN)

______________

Paper:

Xerium sales sink as bankruptcy looms
(DBN)

______________

Aviation:

Japan Air Creditors May Sell 191 Billion Yen of Debt to ETIC
(DBN)

Japan Air to Stop Flying Freighters by End of October
(DBN)

______________

Private Equity:

PE Ties Can Lead To Defaults, And Recoveries Too
(DBN)

PE Firms Backed Almost Half of Non-Financial Companies That Defaulted
(DBN)

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Derivatives:

Ambac restructuring may trigger CDS payments
(DBN)

______________

Lehman:

More on Lehman and Repo 105: The Auditors Attempt to Explain
(DBN)

Lehman Examiner's Report Misleading, Lawyers Say
(DBN)

Recent ruling by Lehman court further complicates law on derivatives
(DBN)

Sen. Kaufman: We Are Going After Lehman Brothers Over Accounting Shenanigans
(DBN)

Lessons from the Lehman Autopsy
(DBN)

Lehman case revives dark memories of Enron times
(DBN)

Behind Lehman's Faith in Real-Estate Riches
(WSJ: separate paid subscription required)

______________

Privacy:

Air America Auctioning Off User E-Mail Addresses – So Much For “Will Not Be Divulged To Any Third Party”
(DBN)

______________

Opera:

End of the aria as opera falls on hard times
(DBN)

______________

Chemicals:

LyondellBasell prices $2.75 billion senior notes
(DBN)

______________

Hotels:

Financing woes imperil Des Plaines hotel projects
(DBN)

______________

Religion:

Child Abuse Leaves Irish Churches Scouring for Money
(DBN)

Crystal Cathedral in Calif. owes money to vendors
(DBN)

Wilmington diocese, victims close to mediation
(DBN)

______________

 

 

Economy:

First-Time U.S. Unemployment Filings Decline
(DBN)

Income, Population, Jobs and Home Prices by State
(DBN)

Bernanke Signals Asset Sales May Have Bigger Role
(DBN)

Bernanke: Record-low rates needed to aid economy
(DBN)

Bernanke: Jobless Recovery Leaves No Urgency on Deficits
(DBN)

Bernanke testifies deficit needs to go from 10 percent of GDP to 3 percent
(DBN)

Fed's Exit Strategy is Full of Danger
(DBN)

Is This the Best the Economy Will Get?
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Prepare to Pay 15% Less for New U.S. Homes
(DBN)

Is Obama’s Mortgage Modification Program Actually Helping Anyone?
(DBN)

US Treasury defends homeowner assistance plan
(DBN)

Gov't to unveil plan to shrink some home loans
(DBN)

Declining Mortgage Performance in Q409 Means More Foreclosures Ahead: Feds
(DBN)

Obama administration to order lenders to cut mortgage payments for jobless
(DBN)

Treasury Adds New Consumer Protections to HAMP
(DBN)

Radar Logic Predicts Low Mortgage Rates after Fed Exits MBS
(DBN)

Is the U.S. Housing Sector Regressing?
(DBN)

Half of US Home Loan Modifications Default Again
(DBN)

Households Facing Foreclosure Rose in 4th Quarter
(DBN)

New HAMP Rules Help Those Already in Foreclosure, Bankruptcy
(DBN)

Citigroup Wins $85.7 Million Ruling in Solow Lawsuit
(DBN)

Bernanke: Fed Likely to Sell Some of Its Mortgages Eventually
(DBN)

Cash Dwindling For No-Money Down Home Loan Program
(DBN)

Federal jury delivers guilty verdict in Johnson mortgage fraud case
(DBN)

Bushnell Regency files Chapter 11
(DBN)

The Commercial Real Estate Pretend and Extend Strategy Continues
(DBN)

Brother eyed in title case
(DBN)

Texas Leads Nation in Foreclosure Gains
(DBN)

What Can Happen If You Walk Away from Your Mortgage
(DBN)

_____________

Health Care:

NYC's St. Vincent's Hospital fights for life
(DBN)

St. Mary's Hospital emerges from Chapter 11
(DBN)

Cerberus to Buy Caritas Christi in $830 Million Deal
(DBN)

Hope, hesitation over Caritas deal
(DBN)

Obamacare: Are Charity Hospitals Now a Hot Commodity?
(DBN)

Medical Staffing Network warns of Chapter 11
(DBN)

Medical Developers, Hospitals Early Winners as Health Care Overhaul Becomes Law
(DBN)

Vendors try to stop Spheris bankruptcy sale
(DBN)

White House Defends Constitutionality of Health-Care Bill
(DBN)

Suits Challenging Health Care Law Explore Uncharted Legal Territory
(DBN)

Senate Passes Set of Changes to Health Care Overhaul
(DBN)

Health Law Surprise Is Page 1,617 Demanding Which Drugs Work
(DBN)

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Banking:

John Mack’s Short Story Was Too Dumb to Fail
(DBN)

Wells Fargo Loses Bid to Dismiss Muni Bond Suit
(DBN)

______________

Distressed Investing:

Investment Funds Mining Bankruptcy Courts for Distressed Opportunities
(DBN)

______________

Retailing:

What if Zale filed for bankruptcy?
(DBN)

General Growth plan filing a trigger for rival bids
(DBN)

Best Buy Busts A Move
(DBN)

Borders’ Pershing Square Loan Coming Due
(DBN)

______________

Autos:

Chrysler's March sales fall on lower incentives
(DBN)

Chrysler sends reinstatement letters to some dealers
(DBN)

Stockman pays $4.4M to settle investor suits
(DBN)

GM to make 2nd government loan payment by March 31
(DBN)

General Motors Lowers Sponsorship Spending by Sixty Percent
(DBN)

Rising auto sales could rescue Michigan, Big Three
(DBN)

______________

Student Debt:

Revamping of Student Loans Approved by Senate
(DBN)

5 Myths About Student Loan Reform
(DBN)

______________

Corporate Reform:

Who Wall Street Hates the Most: Warren, Barofsky or Angelides?
(DBN)

Remember middle-class families? Elizabeth Warren does
(DBN)

The Folksy Wisdom of Elizabeth Warren
(DBN)

Heading Off the Next Financial Crisis
(DBN)

Consumer activists keep fighting for independent CFPA
(DBN)

Shelby Says Finance Bill Won't Cure 'Too Big to Fail'
(DBN)

______________

Satellites:

WorldSpace’s plan to de-orbit satellites approved
(DBN)

______________

Pensions:

D.O.J. Said to Examine Calpers Transactions
(DBN)

______________

AIG:

A.I.G.’s Near Collapse Yields Gold for Wall Street
(DBN)

______________

 

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:

US labor seeks bankruptcy reform, exec pay curbs
(DBN)

______________

Bankruptcy Statistics:

Top Five Reasons Why People Go Bankrupt
(DBN)

______________

Insurance:

Ambac Is Pushed Closer to Bankruptcy
(DBN)

Ambac & the Safe Harbors
(DBN)

Insurance commissioner takes control of $35 billion in mortgage securities
(DBN)

Wisconsin Quarantines $64 Billion in Ambac Assets
(DBN)

Ambac Clients May Receive 25 Cents on Dollar in Cash
(DBN)

Bankruptcy For Ambac?
(DBN)

An AIG Lesson From Wisconsin
(DBN)

______________

Fraud:

Madoff and Affinity Fraud
(DBN)

Reputed Mafioso allegedly connected to Scott Rothstein pleads not guilty
(DBN)

Jeweler Claims No Knowledge Of Rothstein Scheme
(DBN)

Judge Denies Creditors’ Bid To Snag Dreier’s Art
(DBN)

It Couldn't Be Worse for Igor (The UBS Investment Banker)
(DBN)

Hecker pleads not guilty to 18 newest fraud charges
(DBN)

Denny Hecker: Criminal trial set for October
(DBN)

Bankrupt trust seizes Treasurer Street's wages
(DBN)

______________

Celebs:

Jodi Kantor's Beloved Liberal Heroine, Bankruptcy Expert Elizabeth Warren
(DBN)

______________

Accounting:

Can the SEC’s New Chief Accountant of Enforcement Division Stay Focused?
(DBN)

Closing the Repo 105 Loophole
(WSJ: separate paid subscription required)

______________

Mass Torts:

The asbestos-causation hall pass
(DBN)

______________

Debt Collection:

Preparing for an Administrative Tidal Wave in the ARM Industry
(DBN)

______________

Hollywood:

Lions Gate will not raise bid for MGM
(DBN)

______________

Credit Cards:

Hacker Gets 20 Years in Largest Card Theft in U.S. History
(DBN)

______________

Agriculture:

Killing Strawberries Because of Low Prices
(DBN)

______________

Defaults:

Apocalypse Not
(DBN)

______________

Payroll Services:

Former clients of Hoboken company say they're feeling the IRS heat over unpaid payroll taxes
(DBN)

______________

Compensation:

Credit Suisse CEO is World's 2nd Highest Paid Banker (Seriously)
(DBN)

CEO Pay Drops, but…Cash Is King
(DBN)

______________

Finance:

Are 'Covenant-Lite' Loans Back on the Menu?
(DBN)

______________

Gambling:

Station proposes selling 14 casinos through court
(DBN)

A Double Flop for the Fontainebleau
(DBN)

______________

Municipalities:

JPMorgan, Lehman, UBS Named as Conspirators in Muni Bid-Rigging
(DBN)

______________

Toll Roads:

SoCal Toll Road Goes Belly Up
(DBN)

______________

UK:

Keep your insolvency event clauses up to date
(DBN)

Jarvis on track to call in administrators
(DBN)

FSA Probe Said to Focus on Block Trade Front-Running
(DBN)

______________

EU:

Euro falls to 10-mth low vs dollar on Greece proposal
(DBN)

'Greece Is a Crucial Test' for Euro
(DBN)

EU Holds Off on Tightening to Help Greece
(DBN)

______________

Canada:

Charges of Bankruptcy Fraud for Peter Puck
(DBN)

Ontario sets aside $500 million for Nortel pensioners
(DBN)

______________

Ireland:

Will bankruptcy law be changed . . . to save lawyers?
(DBN)

______________

Middle East:

New Funding Proposed to Restructure Dubai World
(DBN)

Will creditors buy an eight-year payment option?
(DBN)

Long road to Dubai World solution
(DBN)

Dubai May See Dawn
(DBN)

______________

Greece:

Greece's Bottom Line: Too Many Tax Cheats
(DBN)

Greece Should Have Been Left To Die
(DBN)

Stock futures rise after Greece gets bailout
(DBN)

______________

Russia:

Yukos haunts Rosneft A specter of litigation
(DBN)

______________

Japan:

‘Worthless’ Homes Targeted as Japan Pushes Renovation
(DBN)

______________

 

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