March 30, 2010

The Daily Bankruptcy News

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Law:

More Fee Fights in the Tribune Bankruptcy
(DBN)

Are bankruptcy fees out of control?
(DBN)

Lehman Gig Boosts Jenner’s Profile, Generating a Whole Lot of Media Interest
(DBN)

One Law Firm That's Very McKool on Contingency-Fee Work
(DBN)

Freshfields, Hogan Lead on Geely's Volvo Gamble
(DBN)

More Partners Leave, Ruden McClosky Insists Everything is Fine
(DBN)

The Proskauer-to-Cadwalader Litigation Defections: Another Perspective
(DBN)

It's About Time We Talked About Overpartnering
(DBN)

Here’s One Way To Reveal Your Firm’s Non-Equity Partners
(DBN)

Bad Bet: OTB Halts Payments to Lawyers in Chapter 9 Case
(DBN)

Compensation Perspective
(DBN)

Thinking About Law School? These Blogs Tell You Why You Shouldn't
(DBN)

Foley & Lardner Feels the Pain
(DBN)

Davis Polk First-Years Will be At Work By The End of 2010
(DBN)

BigLaw Firm Faces Racketeering Suit Over Alleged Corrupt Payments
(DBN)

In War Between States and Feds, Utah Strikes Latest Blow
(DBN)

Lawyer May Have Found His Grail in Quest to Hold Pope, Catholic Church Accountable in Abuse Cases
(DBN)

Former Partner Says Firm Overbilled Him to Recoup Termination Payments
(DBN)

Missing Lawyer Suspected of Mishandling Client Funds Turns Up in Rehab
(DBN)

USC’s Ultimate Solution for Student Debt
(DBN)

Musical Chairs: Another White & Case Partner Departure
(DBN)

Bouncing lawyers, jokey judges
(DBN)

Lawyer Held Liable for Malpractice for Not Telling Clients of Settlement Offer
(DBN)

Jones Walker Combines with Birmingham-Based Walston Wells
(DBN)

Supreme Court Justices Hostile to 'Foreign-Cubed' Cases
(DBN)

But What Makes a Law Library Great?
(DBN)

Law Firm Warns: Don’t Deposit Bogus Cashier Checks Seemingly Drawn on Our Account
(DBN)

Marine dad must pay funeral protestors' fees
(DBN)

Domestic Violence Victim Fights for Her Name at the Supreme Court
(DBN)

Law Firms Must Act to Offset Diversity Setbacks
(DBN)

The Road to More Minority Partners?
(DBN)

Northwestern SBA President Now In Trouble With the Real Police
(DBN)

Boy, Now 12, Will Be Tried as Adult
(DBN)

Lawyer Finds Grenade on His Office Doorknob
(DBN)

9th Circuit Rules Against Tasered Pregnant Mom Who Refused To Sign Traffic Ticket; Dissent Hits 'Off the Wall' Theory
(DBN)

Man Busted For Barking at Police Dog
(DBN)

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Judges:

Ex-Judge Spends Night in Jail in Reckless-Driving Case
(DBN)

Fallout From War On Terror Threatens Rule of Law, Federal Judge Says
(DBN)

After Web Post About Serial Murder Case, Judge Should Step Down, Lawyer Says
(DBN)

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Wall Street:

US stock futures inch higher; Apple, Verizon in focus
(DBN)

Stocks rise after increase in consumer spending
(DBN)

S.E.C. Looks at Wall St. Accounting
(DBN)

Stocks Soar, Analysts Ask Why?
(DBN)

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Layoffs:

Fed's Evans Says Jobless May Exceed 9% at Year-End
(DBN)

Pssst: Wall Street Is Hiring Again
(DBN)

NYC Off-Track Betting Sends Out 1,300 Pink Slips
(DBN)

New York City Hospitals May Lose 3,900 Workers
(DBN)

Study says paying to train older workers not cost effective
(DBN)

Jobless Feeding the World of Tea Parties
(DBN)

Independent Advisers Get Confident, Flag Jobless Turnaround
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Use bankruptcy courts, not financial regulation
(DBN)

CFPA: Yet Another Administration Idea Whose Time Will Not Come
(DBN)

Rushing to Reform, Finance Legislation May Do More Harm than Good
(DBN)

Senator: Which Part Of “Too Big To Fail” Do You Not Understand?
(DBN)

SEC quizzes financial institutions on 'repo' deals
(DBN)

Financial reform needs several sturdy pillars
(DBN)

The Agency Consumers Really Need
(DBN)

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Mail:

No mail on Saturdays: The first step
(DBN)

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Autos:

For 661 shuttered GM dealerships, the road back won't be easy
(DBN)

Auto’s New World Order: Workout Groups View Liquidation as Most Viable Response to Distress
(DBN)

Ford lightens debt load amid improving conditions
(DBN)

Auto Industry’s Road to Recovery Remains Treacherous
(DBN)

Meltdown adds players to auto game
(DBN)

UAW trust fund to sell rights to rising Ford stock
(DBN)

UAW Membership Down During Tough 2009 for Autos
(DBN)

GM says it won't meet deadline for 10K
(DBN)

Court OKs Cooper-Standard amended reorg plan
(DBN)

China's Geely to pump up to $900 million into Volvo
(DBN)

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Municipalities:

States Aren't About to Default on Debt
(DBN)

NY State Debt Woes Grow Too Big to Camouflage
(DBN)

Merrill Lynch: N.J. deserves lower bond rating
(DBN)

The 20 Cities Where Americans Still Love To Spend Money
(DBN)

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Hockey:

NHL talking to billionaire David Thomson about Phoenix Coyotes sale
(DBN)

No deal in place to bring Coyotes back to Winnipeg
(DBN)

Phoenix Coyotes suitors to present arena lease bids to Glendale council
(DBN)

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Economy:

Consumer Spending Increases as Incomes Stagnate
(DBN)

If women ran Wall Street? Geithner likes the idea
(DBN)

Sarkozy urges world finance rules
(DBN)

U.S. take if it sells its Citi stake to settle cost of bailout: $8 billion
(DBN)

The Yuan, the Dollar: Repeating the Policy Mistakes of the Great Depression
(DBN)

Big firms feast on Treasury turmoil
(DBN)

Economists Eye Spring Boost in Home Sales
(DBN)

14 Reasons This Is NOT Your Typical Recovery
(DBN)

Uncle Sam’s Citi exit partly vindicates bailout
(DBN)

When the Business of Government Is Business: The U.S. Auto Industry and the Future of Government Bailouts
(DBN)

Where's the Boss at Rescued Firms?
(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:

Half of Commercial Mortgages to Be Underwater: Warren
(DBN)

Studies Show HAMP Promotes Strategic Default on Mortgages
(DBN)

N.Y. Court Places Burden on Bank of Showing Notice of Foreclosure
(DBN)

Spurt of Home Buying as End of Tax Credit Looms
(DBN)

Californians may have to pay tax on canceled mortgage debt
(DBN)

Average Underwater Borrower Won't See Positive Equity Until 2016
(DBN)

FHA Mortgage Workout Lacks Incentives and Creates Problems: Industry Sources
(DBN)

Is Fannie Mae Getting Too Stingy?
(DBN)

For Mortgage Industry, It's Win Some, Lose Some
(DBN)

LNR: Wall Street's secret battleground
(DBN)

Five States Get $600 Million in Housing Aid
(DBN)

Will ARMs Still Sink High-Cost Housing Markets?
(DBN)

More home buyers using cash to invest in properties
(DBN)

Los Angeles Times Unloads Foreclosure Web Site
(DBN)

Walking away from mortgage debt in Md. can still haunt you
(DBN)

Imagine How Bad The Mortgage Market Would Be If Rates Started To Surge... Oh Wait
(DBN)

Reforming mortgage financing a huge task
(DBN)

Incentives key to Statler deal
(DBN)

Trump SoHo hotel/condominium stung by slow sales
(DBN)

A closer look at the Orleans Homebuilders bankruptcy
(DBN)

Apartment REITs Scout for Deals on Busted Condos
(DBN)

Study Shows Owner-Occupancy A Key Indicator Of Loan Performance
(DBN)

Paralegal Sentenced to 3 Years in Mortgage Scam
(DBN)

Are Homebuilders Lying Again?
(DBN)

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Privacy:

At Air America bankruptcy auction, private info of listeners for sale
(DBN)

Company Says 3.3 Million Student Loan Records Stolen
(DBN)

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Banking:

Staring Down the Banks
(DBN)

Treasury to sell Citi common shares in 2010
(DBN)

Citi shares tumble as Treasury poised to sell stake
(DBN)

How Should the Treasury Unload its Citigroup Shares?
(DBN)

This Market's Not Big Enough for Citi
(DBN)

Bove Says Buy Citi Now, Raises Price Target
(DBN)

Bank of America, Wells Fargo may not have to pay taxes
(DBN)

JPMorgan Chase, Washington Mutual send deal to Delaware Bankruptcy Court
(DBN)

Citigroup: Financial Winners & Losers
(DBN)

Rothschilds Bring in an Outsider to Run the Show
(DBN)

Bank failures: The 8 worst-hit states
(DBN)

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Insurance:

Ambac Split Leaves Monorail Bond Default Probability
(DBN)

Rating Cut on Ambac
(DBN)

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Retailing:

Retail stocks mixed
(DBN)

On April Fool's Day, Will the Joke Be on Borders?
(DBN)

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Ethanol:

Pacific Ethanol announces reorganization plan
(DBN)

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Litigation:

Decision in Fedders bankruptcy looks at whether lenders aided and abetted debtor in breach of duty of care
(DBN)

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Religion:

Spotlight on Jeff Anderson: The Man Taking on the Vatican
(DBN)

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Credit Cards:

Collections & Credit Risk - Card Chargeoffs, Delinquencies Fall In February
(DBN)

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Finance:

With credit tight, firms turn to bartering
(DBN)

Junk bond sales hit a record as investors rush for yield
(DBN)

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Sovereigns:

Sell Off in Treasuries: Sovereign Debt Fears
(DBN)

Jagdeo says Caribbean is on the verge of bankruptcy
(DBN)

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Avoidance Actions:

7th Circuit Says Fraudulent Transfer Laws Apply to LBOs
(DBN)

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Valuation:

The Value of Valuation
(DBN)

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Awards:

Weil Wins 2010 IFLR Americas Awards for “Securitization Team of the Year” and “Restructuring Deal of the Year”
(DBN)

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Radio:

Citadel Moves To Extend Exclusive Reorg Plan Filing Period
(DBN)

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Musical Instruments:

Gibson Guitar CEO picks fight with lenders after alienating retailers and employees
(DBN)

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Hotels:

Hotels are adding new fees for services
(DBN)

Marriott chairman: Hospitality industry's recovery will be slower than in '80s
(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)

Seminars
(DBN)

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Bankruptcy Humor:

Bankruptcy Bill
(DBN)

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Bankruptcy Reform:

New Bankruptcy Bill
(DBN)

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Unsecured Creditors:

Creditors Scramble For Recoveries In Underwater Chapter 11s
(DBN)

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Newspapers:

Creditors tell judge they should get Tribune money ahead of banks
(DBN)

Lawyers soak up Tribune cash flow
(DBN)

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Video Rentals:

Blockbuster investors to vote on reverse split
(DBN)

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Education:

Cash-Starved University Of Colorado Just Passed A Monster Tuition Hike
(DBN)

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Fraud:

Stanford asks for a new team to defend him
(DBN)

Ex-IBM Executive Pleads Guilty in Galleon Case
(DBN)

Judge bars public from RRA deposition
(DBN)

Markopolos Says Madoff Was Like Heroin
(DBN)

Hecker's lawyer Skolnick was fired; trustee wants to interview him
(DBN)

Denny Hecker displays a new contriteness
(DBN)

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Lehman:

Lehman Files Progress Report Analyzing 65,000 Claims
(DBN)

Lehman's dance with the Devil
(DBN)

Australian court clears way for Lehman lawsuits
(DBN)

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Debt Collection:

Collections & Credit Risk - The Challenges Of Health Care Collections
(DBN)

A Sex Change to Dodge Debt Collectors?
(DBN)

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Accounting:

Accounting tricks investigated by SEC
(DBN)

Deloitte eyes sticking with World Financial Center
(DBN)

Claims increase against auditors
(DBN)

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Derivatives:

Misunderstanding the Last Financial Crisis
(DBN)

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Horse Racing:

Creditor Wants Out Of 'Valley View'
(DBN)

Will NY politicians, OTB kill racing?
(DBN)

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Hollywood:

Report: Bilbo Baggins declares bankruptcy
(DBN)

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Celebs:

Dykstra Drops Predatory Lending Suit
(DBN)

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Health Care:

Insurers Might Delay Covering Pre-Existing Conditions
(DBN)

Why Court Challenges to Health Reform Will Fail
(DBN)

Why Cordray Said ‘No Way’ to Suit Challenging Health Bill
(DBN)

Companies Push to Repeal Provision of Health Law
(DBN)

File Under Vile
(DBN)

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Oil/Gas:

Dunhill Terminals, oil terminal owner, files for bankruptcy
(DBN)

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Aviation:

Airline passengers, revenue slid sharply in 2009
(DBN)

Federal aid pays to retrain flight-industry workers
(DBN)

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Golf:

Court delays foreclosure on country club
(DBN)

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Financial Literacy:

Too Young to Fail? Teaching Kids About Money
(DBN)

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Payroll Services:

First Priority Pay's clients blame the company for IRS tax penalties
(DBN)

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UK:

Are the Brits headed for the PIGS sty?
(DBN)

The Insolvency (Amendment) Rules 2010 and other new insolvency legislation
(DBN)

Fourth-quarter British GDP growth revised higher
(DBN)

Barclays accused of using pension savings to fund bonus tax
(DBN)

Deloitte administrators in at Jarvis
(DBN)

UK Banks Face Commercial Real Estate Debt Refinancing Shortfall
(DBN)

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EU:

Pressure Grows For Bank Subsidiarization In EU
(DBN)

Euro extends gains after Greek debt sale
(DBN)

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Greece:

Greece Raises $6.7 Billion in Bond Sale
(DBN)

Greek Bonds Under Renewed Pressure
(DBN)

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Canada:

Bank of Canada says higher productivity imperative
(DBN)

Canwest Wins Extension of Bankruptcy Court Protection
(DBN)

Ontario judge rejects Nortel settlement
(DBN)

Blocked Nortel deal will create 'crisis' for former workers: group
(DBN)

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Ireland:

What You Need To Know About The Great Irish Bank Nationalization
(DBN)

Irish banks aren't smiling
(DBN)

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China:

China Tightens Lending Over Speculation
(DBN)

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