March 29, 2010

The Daily Bankruptcy News

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Law:

When economy falters, bankruptcy lawyers and courses prosper
(DBN)

Should Firms Store Client Data on the Net?
(DBN)

The Future of Law in 6-Minute Increments
(DBN)

Last Week in Layoffs
(DBN)

"New graduates of Top 10 schools more likely to be laid off"
(DBN)

The Decade's Most Influential Lawyers
(DBN)

Alternative Billing Gains Traction for Solos, Small Firms
(DBN)

Majority Say Law Practice Is Undergoing a Sweeping Evolution, Survey Says
(DBN)

RICO Suit Seeks $500M From Freshfields, Says Retainer Paid Via ‘Corrupt Relationship’
(DBN)

Lawyer Claims Panic Attack Led Her to Accept $350K Settlement from Clifford Chance
(DBN)

Ex-Associate Sues BigLaw Firm She Says Shortchanged Her on Fee
(DBN)

Firm Founder Faces Road-Rage Charges for Allegedly Attack on Driver and His Girlfriend
(DBN)

3 Ruden McClosky Partners in Miami to Form Own Firm After 20 Staff Layoffs
(DBN)

Banking Law Boutique BuckleySandler Grows Dramatically
(DBN)

Akin Gump Acquires Boutique Lobbying Firm
(DBN)

Ashurst chiefs on back foot after crisis meeting
(DBN)

Baker Botts alleged to use unpaid interns as slave labor...
(DBN)

The Ambac Bonanza
(DBN)

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

Schulte, McDermott, Manatt On the Cerberus Venture into Catholic Health Care
(DBN)

Mommy Law: Pretend Play and Balancing Games
(DBN)

Web 2.0 Spins Out Some Tough Marketing Ethics Questions
(DBN)

White House Counsel: The Toughest Job in Washington?
(DBN)

Wyoming? Louisiana? California? Where Will the Toyota Suits Go?
(DBN)

So, How'd the Crazy Toyota Hearing Go?
(DBN)

An Empirical Study of Class Action Settlements and Their Fee Awards
(DBN)

Attractive People May or May Not Be Better Lawyers, But They Do Get Paid More
(DBN)

Bloggers Warn: Spare Yourselves From a Life in the Law
(DBN)

Drug lab scandal jeopardizes hundreds of cases
(DBN)

Will Apple’s iPad Replace the Old Standard Yellow Paper Standard?
(DBN)

A Droid v. iPhone Throwdown
(DBN)

Explore the World of Web Tools Behind Google’s ‘More’
(DBN)

Inexpensive Web Tools and Straight Talk Help Build Client Relationships
(DBN)

Life is Good at UCI Law. . . But How Long Will It Last?
(DBN)

Anti-Law School Blogs Seek to Keep Others from Making 'Same Mistake We Did'
(DBN)

Eight Days in Haiti
(DBN)

Here’s One Job Brooklyn Law Students Are Definitely Qualified For
(DBN)

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Judges:

5th Circuit Footnote Hits a Federal Chief Judge for 6-Year Delay
(DBN)

Judges United: D.C. Circuit Shoots Down Limits on Campaign Donations
(DBN)

Judge of the Day: Shirley Strickland Saffold
(DBN)

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Wall Street:

U.S. stock futures rise on economic optimism
(DBN)

For a Second Day, Wall Street Ends Mixed
(DBN)

Asian Stocks, Commodity Prices Rise on Fed Pledge, BOJ Lending
(DBN)

Based on Corporate Profits, Equities Remain Very Cheap
(DBN)

Stocks Soar, but Many Analysts Ask Why
(DBN)

Day Traders 2.0: Wired, Angry and Loving It
(DBN)

The Wisdom of the Short-Sellers
(DBN)

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Layoffs:

When Federal Laws Collide: Chapter 7 of the Bankruptcy Code versus the “WARN” Act
(DBN)

Florida's Jobless Rate Hits 12.2%
(DBN)

NYC Unemployment Rate Dips but is Still Higher than the National Average
(DBN)

Overqualified? Yes, but Happy to Have a Job
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

US Bank Failures Reach 41 This Year as Four Lenders Are Shut
(DBN)

Banks become owners, may open restructuring door
(DBN)

WaMu bankruptcy plan leaves shareholders nothing
(DBN)

JP Morgan payoff in WaMu case faces FDIC hurdle
(DBN)

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Corporate Reform:

Shelby raises key issue in financial reform criticism
(DBN)

Reform in Congress Lacking Cash Clause to Stop Lehman-Like Runs
(DBN)

Derailing Help for Consumers
(DBN)

On Pay-to-Play and Pension Funds: The Inquiry Spreads West
(DBN)

Does This Bank Watchdog Have a Bite?
(DBN)

Pro-Business Lobbying Blitz Takes on Obama’s Plan for Wall Street Overhaul
(DBN)

Trying to Tame the Unknowable
(DBN)

Pro-Business Lobbying Blitz Over Reform
(DBN)

In Retrial, Former Brocade CEO Found Guilty of Most Counts
(DBN)

______________

Municipalities:

San Diego City Councilmember Emerald challenges bankruptcy, creditworthiness allegations about city
(DBN)

Vallejo's Painful Lessons in Municipal Bankruptcy
(WSJ: separate paid subscription required)

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Economy:

US economic growth revised down
(DBN)

The New Normal
(DBN)

Corporate Profits Continue to Impress
(DBN)

Fastest Recovery Ever Could Push Corporate Profits to Record Highs in 2010
(DBN)

Downward Economic Trend Worries Analysts
(DBN)

Year-end growth spurt not likely to be repeated
(DBN)

Why 5.6% GDP Burst in 2009 Is Not Sustainable
(DBN)

For Most, It Was a Lost Decade
(DBN)

Alan Greenspan's Financial History for Lobotomy Victims
(DBN)

'Garbage, in one word'
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Obama expands mortgage modification effort
(DBN)

Will White House Plan Rile Up More Borrowers Than It Helps?
(DBN)

New Mortgage Relief Will Have Limited Effect
(DBN)

Obama Steps Up on Foreclosures, Next Step is to Make Sure Families Reap the Benefits
(DBN)

A Bold U.S. Plan to Help Struggling Homeowners
(DBN)

Some who can afford mortgages prefer to walk
(DBN)

A Good Time to Buy? Yes, But No Need to Rush
(DBN)

Answers to questions about new mortgage aid plan
(DBN)

New mortgage plan still has holes, White House concedes
(DBN)

Above water?
(DBN)

US to increase housing loans
(DBN)

Low Rates, Tax Credits Failing to Ignite Housing Market
(DBN)

Mortgage interest rates continue to rise
(DBN)

Greenspan says Fed didn't feed housing bubble
(DBN)

Regulation Fuels Office-Space Demand
(DBN)

Kobra holdings head to auction, bankruptcy winds down
(DBN)

_____________

Autos:

Chrysler invites 86 former dealers to rejoin network
(DBN)

GM supply chief softens approach to parts firms
(DBN)

Ford sells Volvo to China's Geely auto group for $1.8 billion
(DBN)

Toyota Slows Production in Europe as Sales Lag
(DBN)

Driver Imprisoned Over Fatal Toyota Crash Seeks New Trial
(DBN)

______________

Chemicals:

Access may boost Lyondell stake post-bankruptcy
(DBN)

______________

Hollywood:

MGM studios on verge of bankruptcy
(DBN)

Movie Producer Says Attorney Did Him Wrong
(DBN)

MGM creditors grow tired of the script
(DBN)

______________

Retailing:

Is Chapter 11 next for bookseller?
(DBN)

State squeezes retailers for overdue sales taxes
(DBN)

Bankrupt General Growth nears plan filing: sources
(DBN)

Shoppers Emerging With Best Buy’s Sales Signal Retail Revival
(DBN)

______________

Sports:

Isle bowl games operator files for bankruptcy
(DBN)

______________

Accounting:

Accounting firms facing rise in negligence claims amid credit crunch fallout
(DBN)

______________

Distressed Investing:

Sears/Kmart CEO Lampert ordered to give deposition in age bias lawsuit
(DBN)

______________

Food/Drink:

Lawsuit claims former owners stripped Bruno's of $290 million
(DBN)

Ollie's, Vine face bankruptcy after labor disputes
(DBN)

Starbucks admits growth starting to drip
(DBN)

______________

Health Care:

Let the Sun Shine In: Payments to Docs from Companies to be Disclosed
(DBN)

Doctors Shift to Health Centers, Away from Private Practice
(DBN)

Health-Care Battle Spreading to Governors and State AGs
(DBN)

Sunwest Management auction set for May 17
(DBN)

Market's reaction to health vote is telling
(DBN)

Health Care: What Did We Get? Where Are We? And, Where Do We Go From Here?
(DBN)

Lawmakers Face Fallout at Home From Health Vote
(DBN)

Senate fails to extend COBRA subsidy before break
(DBN)

______________

Waste Management:

Appalachian Landfill Owner Files For Bankruptcy
(DBN)

______________

Telecoms:

Nortel Settlement to Pay Benefits Thrown Out by Judge
(DBN)

______________

Aviation:

Sky King files Chapter 11 in face of dropping revenue
(DBN)

______________

Fraud:

Latest Madoff Victim: Gold Coast Country Club
(DBN)

The Honest-Services Surplus: Why There’s No Need (or Place) for a Federal Law Prohibiting “Criminal-esque” Conduct in the Nature of Bribes and Kickbacks
(DBN)

Honest-Services Fraud: A (Vague) Threat to Millions of Blissfully Unaware (and Non-Culpable) American Workers
(DBN)

“Not Every Wrong is a Crime”: The Legal and Practical Problems with the Federal “Honest-Services” Statute
(DBN)

Presumed Prejudiced, but Fair?
(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)

______________

Insurance:

Ambac regulator’s move threads CDS needle
(DBN)

______________

Politics:

Analysis: For voters, economy matters most
(DBN)

Obama throws out the political rules
(DBN)

______________

Newspapers:

'Chicago Tribune': Our Parent Co.'s Bankruptcy Typifies Huge Fees These Days
(DBN)

______________

Avoidance Actions:

Earmarking Does Not Protect Balance Transfers
(DBN)

______________

Finance:

Junk bonds sell in record volumes
(DBN)

______________

Building Materials:

Cover-All Building Systems headed to bankruptcy
(DBN)

______________

Celebs:

Celebrities fall on hard times, too
(DBN)

Trustee Slams Dykstra's Bid To Exit Bankruptcy
(DBN)

Axl Rose Sued for Nearly $2 Million
(DBN)

______________

Gambling:

Paterson Urged To Speed Up Aqueduct Casino Project
(DBN)

OTB to lay off 1300 Employees
(DBN)

OTB halts pay for executives, consultants in wake of massive layoffs
(DBN)

______________

Religion:

Diocese bankruptcy judge waits to appoint mediator
(DBN)

Cardinal Calls for Abuse Housecleaning
(DBN)

Pope signals won't be intimidated by abuse critics
(DBN)

Canon Law: Roman Catholic Pope Can't Be Fired
(DBN)

Law Firm Uncovers Documents Linking Pope to Sex Scandal
(DBN)

______________

Litigation:

E-discovery Can Create Big Hassle for Small Cases
(DBN)

E-Discovery Can Be TMI—Even For Those Seeking It
(DBN)

Rethinking the Adversarial Approach
(DBN)

______________

Turnarounds:

Kurtzman Carson Consultants (KCC) Recognized as 'Turnaround Service of the Year' in M&A Advisor
(DBN)

______________

Deadline Calculation:

Bankruptcy Code Trumps State Law For Time Provision of Trustee’s Claim
(DBN)

______________

Symphonies:

Symphony on SC coast suspends operations
(DBN)

______________

Video Games:

Stargate Resistance Sold Off as Bankruptcy Guts Original Publisher
(DBN)

______________

UK:

The insolvency administrator: Noble salvage
(DBN)

House of Commons committee: No 'special relationship' between Britain and USA
(DBN)

U.K. Feb. net consumer loans up more than expected
(DBN)

U.K. Lawmakers Say ‘Too Big to Fail’ Banks Need Tougher Rules
(DBN)

U.K. Accounting Suits Reached 5-Year High Last Year, Study Says
(DBN)

Deloitte to be Jarvis administrator
(DBN)

Insolvency Service publishes annual insolvency practitioner review
(DBN)

______________

EU:

Bunds Fall, Greek Bonds Rise After EU Leaders Agree Aid Plan
(DBN)

Greek Plan Won't Paper Over Euro Cracks
(DBN)

Countries from FYROM face financial bankruptcy
(DBN)

Greece bailout: What's the future of the euro?
(DBN)

Swiss central bank says EU recovery lagging, consumers uncertain
(DBN)

______________

Greece:

Greece to Sell Eurobonds Next Week in Rescue Test
(DBN)

Echoes From Davos: The Real Wins For Greece
(DBN)

Tough challenges over financial aid
(DBN)

Greece prepares €5bn bond issue
(DBN)

Europe has left Greece hanging in the wind
(DBN)

______________

Canada:

Dallas Cowboys' tent-collapse firm files for bankruptcy in Canada
(DBN)

Sale of Jones properties can go ahead
(DBN)

______________

Middle East:

UAE: head of largest sovereign wealth fund missing
(DBN)

Dubai close to ending Dubai World nightmare
(DBN)

______________

Ireland:

Crisis shines light on lending practices
(DBN)

______________

 

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