March 31, 2010

The Daily Bankruptcy News

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Law:

5 Bankruptcy Lawyers Among 'Most Influential' Attorneys
(DBN)

6 Things You Didn't Know About the Bankruptcy Lawyers of the Decade
(DBN)

Lovells to Shutter 20-Lawyer Chicago Office
(DBN)

Despite Layoffs, Firms Still Want Those Sweet Stadium Suites
(DBN)

Bigger Firms Scooping Up Smaller Regional Fish
(DBN)

Salary Watch: Morgan Lewis Raises Salaries
(DBN)

Latham Lathams Accrued Vacation
(DBN)

Murmurs of Change, But Where’s the Proof?
(DBN)

Kaye Scholer Partner States Unpleasant Obvious
(DBN)

Mutual Fund Investor Suits Limited by Top US Court
(DBN)

High Court Loosens Liability Standard in Mutual-Fund Fees Case
(DBN)

Justices find against mutual fund industry
(DBN)

Spin or Win for Investment Industry in High Court Mutual Funds Case?
(DBN)

Dealmakers of the Year - Mall Cop
(DBN)

Morgan, Lewis Malpractice Case Gets Moved to Federal Court
(DBN)

After Two Weeks, 17 NY Law Firms Can Return to Offices Closed by Storm, Fire
(DBN)

Ogletree to Open New Office in Minneapolis, Its 39th Location in US
(DBN)

Ex-Arnold & Porter Partner Gets 3 Years’ Probation
(DBN)

Falling Figures Permeate Annual Corporate Scorecard
(DBN)

Trailblazing Lawyer, 91, Feels Pain of Her Pro Bono Foreclosure Clients
(DBN)

Prominent Denver Lawyer Sanctioned for Overstating Diversity Claims
(DBN)

Merck Settlement: Zero for Class but $3.5M for Attorneys
(DBN)

Lawyer to return money to clients, stop practicing bankruptcy law
(DBN)

Virtual offices do not meet the "bona fide" office requirement for UPL.
(DBN)

Possibly The Most Idiotic Prescription Drug Warning Ever
(DBN)

In 16 Months, Worker Allegedly Stole $825K From Law Firm
(DBN)

Will a Tax LL.M. Cleanse a 4th Tier, Bottom of the Class J.D.?
(DBN)

Mark Cuban Says SEC Tampered With Witness, Made Fun of Him
(DBN)

Trump Narrowly Avoids Sanctions in Railyards Case
(DBN)

The Truth About Cats and Dogs: What’s the Best Pet for Lawyers?
(DBN)

Quote of the Day: Because Law School Is About Learning How to Screw People
(DBN)

Son of Former NYC Mayor Giuliani Loses Suit Over Duke U Golf Team Dismissal
(DBN)

The US News Law School Rankings — Leaked Memo :)
(DBN)

Yeah, I Smoke—So Shoot Me
(DBN)

In Danger of Going Out of Business?
(DBN)

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Judges:

The Need for More Bankruptcy Knowledge on the Circuit Courts
(DBN)

SCOTUS Chides Posner/Easterbrook in Jones v. Harris
(DBN)

Poll Finds 55% Would Support Openly Gay Justice
(DBN)

Supreme Court Argument Report: The Justices Add It All Up
(DBN)

Kids-for-Cash Scandal Sparks Report Urging Sweeping Juvie Court Changes
(DBN)

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Wall Street:

Stocks set to pull back
(DBN)

Stocks waver after upbeat economic data
(DBN)

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Layoffs:

The Problem With Overqualified Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

Airline Traffic Rises as Carriers Ground Some Planes
(DBN)

Trustee in Pace bankruptcy wants bank statements
(DBN)

International airline demand up 9.5 pct in Feb.
(DBN)

IATA Predicts Air Traffic Recovery By Summer
(DBN)

Spanish air hostesses pose to publicize unpaid wages
(DBN)

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Video Rentals:

Blockbuster shares slip to new 52-week low as Stock Exchange warns of delisting
(DBN)

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Debt Collection:

Consumer court action against debt collectors, other companies increases
(DBN)

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Horse Racing:

Magna Entertainment bankruptcy impacts parent MI Developments
(DBN)

Sea of red ink may doom racing
(DBN)

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Avoidance Actions:

U.S. bankruptcy courts may avoid transfers using foreign avoidance law
(DBN)

Lease Debt Arises at Signing for Preference Analysis
(DBN)

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Municipalities:

The overriding question in Bridgewater
(DBN)

Harrisburg, Pennsylvania, to Miss Incinerator Loan Payment
(DBN)

Peterson: What's all this talk about bankruptcy ?
(DBN)

California Looks Into Banks' Role in Underwriting, CDS
(DBN)

The CDS inquisition, California edition
(DBN)

State debt woes grow too big to camouflage
(DBN)

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Banking:

One Big Citigroup Stock Sale, Another Big Morgan Stanley Commission?
(DBN)

Volcker: Proprietary trading not central to crisis
(DBN)

Credit Unions, Commercial Banks at Odds Over Lending Turf
(DBN)

BofA, Merrill Lynch Are Sued Over Alleged Sex Bias
(DBN)

Claims against former BankUnited management dismissed
(DBN)

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AIG:

How AIG Bonuses Pulled U.S. Back From Brink
(DBN)

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Economy:

Consumer Confidence in US Improves on Job Prospects
(DBN)

Housing Still Hung Up
(DBN)

Geithner: U.S. economy ready for job creation
(DBN)

There Are No New Taxes Coming In America.... Except The Massive One That Will Sock The Economy In The Gut
(DBN)

Economist Johnson urges breakup of big US banks
(DBN)

How The Fed Profited From The Crisis
(DBN)

Is Treasury's Citi sale TARP's last hurrah?
(DBN)

When Warren Buffett looks safer than Uncle Sam
(DBN)

Consensus on Finance Rules Fading, I.M.F. Says
(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:

House Flippers Crowd Courthouse Steps in Hunt for Deals
(DBN)

Mixed Report on January Home Prices
(DBN)

Home prices inch up, but analysts fear rebound is fading
(DBN)

Real Estate Lawyers Finally See Uptick in Transactions
(DBN)

ABA Says Proposed FTC Rule on Mortgage Relief Over-Regulates Attorneys
(DBN)

Redemption (of the 722 variety)for Struggling Homeowners
(DBN)

Home prices to remain under pressure: analyst
(DBN)

Real estate is booming again. Huh?
(DBN)

Mortgage Bonds Present New Risks
(DBN)

Subprime Debt Rallies as U.S. Enhances Loan Aid
(DBN)

California Rebound Boosts 20-City Home Price Index
(DBN)

The People Behind The Mortgage Crisis
(DBN)

CMBS UPB Continues To Rise
(DBN)

Lenders Grow More Willing to Modify Commercial Mortgages
(DBN)

The Montagues and Capulets of Brooklyn Development
(DBN)

Much of U.S. Was Insulated From Housing Bust
(DBN)

Why Michigan's Housing Market Is The Saddest Housing Market There Is
(DBN)

California Town: From Bucolic Bliss to ‘Gated Ghetto’
(DBN)

How $50 Billion in TARP Money Is Being Spent on Housing
(DBN)

What Happened to That Double Dip in Home Prices?
(DBN)

Downtown NYC Towers Empty as Best Market Falters
(DBN)

AHF bankruptcy nets fraction of what's owed
(DBN)

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Autos:

Chrysler's on the mend, Marchionne tells dealers
(DBN)

What, Sergio worry?
(DBN)

Chrysler's Gripe With Congress
(DBN)

Chrysler on track for breakeven operations in 2010
(DBN)

Suppliers sue Detroit Mayor Bing's companies over unpaid bills
(DBN)

Dealer group spent $896K on lobbying in 4Q
(DBN)

Stockman to pay $4.4 million to settle suits
(DBN)

Toyota Says March US Sales Rose Up to 35%
(DBN)

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Paper:

Xerium files "pre-packaged" bankruptcy
(DBN)

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Tech:

NXP’s Junk Debt Soars 16.5 Times as Bankruptcy Concern Subsides
(DBN)

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Retailing:

Swoozie's going out of business
(DBN)

Borders Close To Repaying Ackman
(DBN)

Zale gets 30-day extension from lender
(DBN)

General Growth continues to receive offers on assets
(DBN)

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Health Care:

ObamaCare Will Bankrupt the States
(DBN)

IRS Says It Needs More 'Resources' to Implement Tax Provisions of New Health Law
(DBN)

Prudential to take $100M health care charge in 1Q
(DBN)

Is health care reform puncturing inflated profits?
(DBN)

Loopholes Are Forever
(DBN)

Insurers to Comply With New Rules for Children
(DBN)

Your Health Insurer's Next Move: Tell You To Take A Hike To A Mexican Hospital
(DBN)

Justices Limit Qui Tam Cases but New Health Care Law Does Opposite
(DBN)

Former Haven Healthcare Nursing Home Executive To Be Sentenced Today
(DBN)

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Finance:

CIT Group gets new credit facility
(DBN)

Armed and Dangerous? PIK Toggles Are Back
(DBN)

SBA warns of fraudulent loan help
(DBN)

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Insurance:

Bond insurer blow-up fallout, Las Vegas Monorail edition
(DBN)

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Hockey:

Ice Edge CEO says Coyotes purchase still on track
(DBN)

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Religion:

Protecting the Pope: Vatican Plans Immunity as Head of State, Bishops Not Employees Defense
(DBN)

Vatican offers 3 reasons it's not liable for abuse
(DBN)

Catholics Find Ties to the Church Tested by Crisis
(DBN)

Abuse Victims to Vatican: Stop Attacking Us
(DBN)

Tracking the Papal Paper Trail on Sex Abuse
(DBN)

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Awards:

The American Lawyer’s Annual Corporate Scorecard Rankings Reveal Kirkland & Ellis, Skadden and Simpson Thacher Topped Key Categories; Dealmakers of the Year Lead Record Restructurings
(DBN)

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Student Debt:

Sallie Mae CEO's Compensation Put at $5.4 Million
(DBN)

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Morality:

Recession Moralities
(DBN)

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Domain Names:

Lender wants Sex.com bankruptcy case thrown out
(DBN)

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Oil/Gas:

SemGroup And A Cautionary Tale Of Dividend Recaps
(DBN)

Ex-SemGroup manager agrees to $172,000 fine
(DBN)

Blueknight reports $16 million loss for '09
(DBN)

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Chemicals:

Judge rules former officials of defunct Diaz Chemical Corp. can be sued
(DBN)

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Corporate Reform:

Volcker Optimistic Financial Overhaul Will Include His Rule
(DBN)

Elizabeth Warren on Financial Reform, the CFPA
(DBN)

Putting a face to financial reform
(DBN)

You call that reform? Here's what we really need
(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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Sovereigns:

Are US Treasuries Really Riskier Than Corporate Debt?
(DBN)

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Consumer Bankruptcy:

Reflections On Boot Camp
(DBN)

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Compensation:

Pay package for Kraft CEO Rosenfeld rises 41%
(DBN)

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Exit Finance:

Companies sell junk bonds to fund bankruptcy exit
(DBN)

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Sales:

Philadelphia Publisher's Lenders Appeal Credit Bid Ruling
(DBN)

The Impact of Philadelphia Newspapers on Chapter 11 Asset Sales
(DBN)

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Golf:

Valley Country Club seeks breather, files for bankruptcy
(DBN)

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Fraud:

Lawyer Who Jumped to His Death Probed in Alleged $11M Ponzi Scheme
(DBN)

Hecker taken into custody at divorce hearing
(DBN)

Judge Hopes Jail Time Will Motivate Hecker To Pay His Exes
(DBN)

New Agreement Offers Hope for Allen Stanford Investors
(DBN)

AmerLink CEO faces prison after pleading guilty to fraud
(DBN)

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Litigation:

(Tick, Tick, Tick, Tick)Wake Up! The Clock's Running on Evidence Retention
(DBN)

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Student Debt:

Obama Highlights Student Loan Provision
(DBN)

What the new college aid law means to students
(DBN)

Sallie Mae CEO's Compensation Put at $5.4 Million
(DBN)

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Newspapers:

Tribune Held $117 Million to Defend Banks in Suit
(DBN)

Newspaper firm gets more time to repay loan
(DBN)

Lawyers Cash In On Los Angeles Times Bankruptcy
(DBN)

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Software:

Novell Owns Unix Copyrights, Not SCO Group, Jury Says
(DBN)

SCO: We'll Live to Sue Another Day
(DBN)

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Accounting:

Henry Waxman's War on Accounting
(DBN)

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

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Resorts:

Credit Suisse says lending lawsuit without merit
(DBN)

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Sports:

'Sports Mortgages'
(DBN)

Maker Of Collapsed Cowboys' Dome Seeks Creditor Protection
(DBN)

Premier League Faces Oblivion, West Ham's Gold Says
(DBN)

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Academia:

Behold the Supreme Court Citation Video
(DBN)

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Derivatives:

Big Finance vs. Big Hollywood: Who Wins?
(DBN)

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Hollywood:

Hollywood bankruptcy case turns...interesting
(DBN)

MGM lenders to meet after underwhelming bids
(DBN)

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Gambling:

Bankrupt casino-license holder seeks debt relief
(DBN)

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Celebs:

July Trial Set for Former Basketball Player Leary
(DBN)

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Lehman:

Barclays Claims It's Being Bilked On Lehman Fees
(DBN)

Australian court clears way for Lehman lawsuits
(DBN)

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UK:

More than a quarter of small businesses will go under in a double dip
(DBN)

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

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EU:

Eurozone inflation spikes to 1.5 percent in March
(DBN)

Eurozone Feb. Jobless Rate Rises
(DBN)

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Canada:

Nortel, workers race to reach deal on benefits
(DBN)

NDP tables bill to amend Bankruptcy Act
(DBN)

Mortgage Rates Signal End of Cheap Interest
(DBN)

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Germany:

IMF cuts German growth outlook, calls for reform
(DBN)

German unemployment sees surprise drop
(DBN)

German Banks May Face Losses on Southern Europe
(DBN)

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Ireland:

Ireland Sets Massive New Aid for Banks
(DBN)

Ireland Gives Its Banks A Massive 50% Haircut In Bad Loan Buyback
(DBN)

Irish banks face shortfall of 32bn
(DBN)

Law firm blames Quinn woes on Irish economy
(DBN)

Irish bank crisis crosses over to new sod
(DBN)

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Australia:

One cent in dollar offer for creditors of Maitland accountant Michael Unicomb
(DBN)

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Mexico:

Vitro Rallies Most in Four Weeks on Debt Restructuring Proposal
(DBN)

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South Africa:

Insolvency data deceptive: CEO
(DBN)

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Japan:

Japan Bankruptcies Set for Eight-Year High After JAL Collapse
(DBN)

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