March 4, 2010

The Daily Bankruptcy News

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Law:

Statistics About the Lost Generation
(DBN)

Ex-Partner Sues WolfBlock, Seeks Severance Pay for 2003 Departure
(DBN)

White & Case rebuilds in London with Skadden restructuring hire
(DBN)

Katten: Why Can’t You Set 2010 Salaries Already?
(DBN)

Reed Smith Partner Wins in Free Speech Fight With Ex-Client
(DBN)

Hildebrandt 2010 Client Advisory
(DBN)

26% of Firms Look to Expand in Second Quarter
(DBN)

Eversheds overhauls bonus system to reward strong performers
(DBN)

It's Not Just Ugly - That MoFo Site is Slow!
(DBN)

Web Page Confidentiality Breach Charged
(DBN)

Revenue Dips, Profits Flat at Drinker Biddle
(DBN)

Slower Revenue Growth, More Stratification at Jackson Lewis
(DBN)

Q: Is it Really a Bad Time to Be in Law School? A: That’s a Dumb Q
(DBN)

Law Student Is ‘Fashion Blogger of the Future’
(DBN)

Age Discrimination Suit Against Crowell Dismissed With Prejudice
(DBN)

Would-Be Client Testifies About Lawyer’s Alleged Cocaine-Fueled Attack
(DBN)

The Taxman Cometh: Do Ex-Lawyer Rothstein & Spouse Owe $10M?
(DBN)

Former AIG GC Kelly Joins DLA Piper
(DBN)

Paul Weiss, Skadden Score Roles on Hedge Fund Bid for Software Provider
(DBN)

Court Tosses Fee Award for Trustee's 'Rolls Royce' Defense
(DBN)

Pls Hndle Thx: Taking the Intern Out of Internship
(DBN)

Guide to Dealing With the Big Law Hierarchy of Importance
(DBN)

Will Bill Hours for Basketball
(DBN)

Diversity Scorecard 2010: The Top Ten
(DBN)

Diversity Scorecard 2010: Beyond the Numbers
(DBN)

Clifford Chance to nurture female partners' management potential
(DBN)

‘Real Time Crime’; Camera Web IDs Suspects & Key Scene Info
(DBN)

Disciplinary Panels Find Misconduct by 2 Lawyers in Text-Messaging Scandal
(DBN)

Legal Outsourcing Goes Slumming
(DBN)

Say What?!
(DBN)

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Judges:

Posner, Easterbrook, Bauer, Take Stand Against Radio Shock Jock
(DBN)

So Where’s Your Originalism Now, Justice Scalia?
(DBN)

A Judge Who Types
(DBN)

At 102, He’s the Oldest Active Federal Judge in U.S.
(DBN)

The Eyes of the Law: Justices Souter and Sotomayor
(DBN)

At the Supreme Court, an Hour Can Last 66 Minutes
(DBN)

Employees Say Judge Was a Horn Dog
(DBN)

Campaign to form global forum for bank disputes gathers momentum
(DBN)

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Wall Street:

US Stock-Index Futures Are Little Changed
(DBN)

Wall St Flat as White House Pushes Regulation
(DBN)

Emerging-Market Stocks Snap Four-Day Rally as Greek Bonds Slip
(DBN)

Stocks, euro gain after Greek budget program
(DBN)

Wall Street’s lobbyists deserve their bonuses
(DBN)

Many days of $100 million gains at Goldman Sachs
(DBN)

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Layoffs:

2009 Unemployment Rates, by State
(DBN)

Data Points to U.S. Job Market Nearing Rebound
(DBN)

IBM cuts 2,400 workers this week
(DBN)

AstraZeneca Eliminating 1,800 R&D Jobs
(DBN)

15,000 City Employees in San Francisco Face Layoffs and Shorter Weeks
(DBN)

U.S. Postal Service Plans to Reduce Workforce by 30,000
(DBN)

President Obama signs one-month extension of federal unemployment benefits into law
(DBN)

Who's Creating US Jobs? Mexicans
(DBN)

Spring Thaw for Hiring
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

US SEC charges Miami couple in Ponzi scheme
(DBN)

Dreier's wife off the hook
(DBN)

Judge rules Hecker must give up dock, jukebox at Crosslake home
(DBN)

Bernie Madoff Whistleblower Attracts Film Adaptation?
(DBN)

UBS, Ernst & Young Win Bid to Nullify Madoff Lawsuits
(DBN)

Former Humboldt Creamery CEO Rich Ghilarducci pleads not guilty to fraud
(DBN)

Another guilty plea in Galleon fraud case
(DBN)

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Gambling:

Bankruptcy Judge Watching Bills in Station Case
(DBN)

Trump CEO tells bankruptcy court that Icahn has no long-term plans for Atlantic City casinos
(DBN)

Trump casinos’ value dropped $240 million in 10 months, expert says
(DBN)

NJ hands over Tropicana control to Icahn
(DBN)

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Corporate Governance:

Delaware Broadens Standards for Poison Pills
(DBN)

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Environmental:

Lyondell, US Settle Cleanup Dispute Out of Court
(DBN)

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Aviation:

 

Japan Airline uniforms sold to --- industry
(DBN)

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Banking:

Citi and the Government: Still a Close Relationship
(DBN)

Citigroup’s Pandit Said to Plan to Thank Taxpayers for Bailout
(DBN)

Critic hits Bank of America board
(DBN)

Big Bank Backlash
(DBN)

Silver State Details Its Tough Year on $51 Million Loss
(DBN)

FDIC To Securitize Failed Banks' Assets
(DBN)

Dallas Fed president: Break up the biggest banks globally
(DBN)

Giannoulias: My family's bank is going to fail
(DBN)

WaMu shareholders urge for an annual meeting
(DBN)

FDIC's Bair Dismisses Private Equity Howling
(DBN)

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Economy:

Beige Book discovers improvement under snow
(DBN)

Obama lays out Volcker rule specifics for Congress
(DBN)

"Volcker Rule" Looks To Include Non-Banks
(DBN)

TARP Overseer Elizabeth Warren and Her Reforms Make a Comeback
(DBN)

Services sectors show best growth in two years
(DBN)

US job losses shrink as key sector surges
(DBN)

The cost of TARP continues to shrink
(DBN)

Bad economy boosts CBS hit ‘Undercover Boss’
(DBN)

Fed's Hoeing: Zero Rates Cause Speculation
(DBN)

Stiglitz, Nobel Prize-Winning Economist, Says Federal Reserve System 'Corrupt'
(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:

Borrowers Miss Out on Billions in Savings
(DBN)

Fewer Sellers Cut Home Prices in Feb
(DBN)

FDIC Guarantees $1.8bn of Structured Financing on Failed Bank Assets
(DBN)

Housing: Hope on the Horizon
(DBN)

Home Prices Continue Climb from 2009 Levels: Clear Capital
(DBN)

Adfitech expects to exit bankruptcy in 2 weeks
(DBN)

Bucks builder files for bankruptcy
(DBN)

Bank rode real estate boom, fell with its decline
(DBN)

Capmark to seek court's OK on bonuses
(DBN)

Miami Couple Accused Of Running Ponzi Scheme
(DBN)

DOJ files suit to keep Mastro from leaving bankruptcy
(DBN)

Adfitech expects to exit bankruptcy in 2 weeks
(DBN)

Renters Poised to Lose Upper Hand
(DBN)

Mortgage Rates Hover Around 5%, For Those Who Can Qualify
(DBN)

Hovnanian CEO: Glut of Unsold Homes Easing
(DBN)

Wall Street Had ‘No Idea’ What Subprime CDSs Were, Lewis Writes
(DBN)

CMBS Delinquencies Hit New Record
(DBN)

Commercial Developers Off to A Rough Start in 2010
(DBN)

Multifamily Still Stressed; Retail Half Way There
(DBN)

Fed: Commercial Real Estate Deteriorating Further, NYC Remains A Dog
(DBN)

Commercial real estate: Chicago offices emptier
(DBN)

Dallas commercial buildings fall further behind in mortgage payments
(DBN)

Environmental Risks to Foreclosing Lenders
(DBN)

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Lehman:

Lehman Examiner Confronts Wall Street Secrecy to Unseal Report
(DBN)

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Autos:

GM Paying Up
(DBN)

General Motors Is on the Mend
(DBN)

GM's Whitacre not finished cleaning house
(DBN)

GM Vice Chairman Lutz to retire on May 1
(DBN)

BBB: US Fidelis customers should still pursue refunds
(DBN)

Toyota to Pay California Plant Workers $250 Million
(DBN)

Gov't still hearing complaints about fixed Toyotas
(DBN)

Toyota hopes 0% financing will lure customers
(DBN)

Suit Filed in Crash That Prompted First Toyota Recall
(DBN)

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Retailing:

General Growth Can Reorganize $500 Million in Loans
(DBN)

General Growth Limited to Four Months of Exclusivity
(DBN)

General Growth opens its books to suitors
(DBN)

Vornado in mall mixture
(DBN)

Retailers Expected to Close Fewer Stores in 2010
(DBN)

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Newspapers:

Lenders try to stop Philadelphia newspaper auction
(DBN)

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Horse Racing:

Racing Regulators Probe Zayat Loans
(DBN)

Magna Gets More Time, Money in Bankruptcy Case
(DBN)

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Sovereigns:

Ron Paul Sees Government Bankruptcy in Future
(DBN)

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Consumer Finance:

Payday lenders’ lobbying expenditures have exploded
(DBN)

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Compensation:

GMAC Paid CEO Michael Carpenter $27,000 Per Day in 2009
(DBN)

Pandit gets it, even if Citi’s board doesn’t
(DBN)

Wells Fargo Chief Earns $21 Million
(DBN)

Pay for Wells Fargo's top executives soars after TARP exit
(DBN)

Thain's pay plea at CIT
(DBN)

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Hotels:

Deal By Owners, City, Union Could Save Hartford Hilton
(DBN)

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Shipping:

Maersk Reports First Loss in Six Decades; Shares Fall
(DBN)

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Telecoms:

US, Canadian courts approve Nortel VoIP unit sale to Genband
(DBN)

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Litigation:

Legal Holds: Monitor and Remove
(DBN)

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Accounting:

Ex KPMG Partner Gets 5 Years for Tax Scheme
(DBN)

Are the Big 4 Desperate for Audit Work?
(DBN)

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Mass Torts:

Order makes W.Va. asbestos trust dealings more open
(DBN)

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Consultants:

FTI Consulting to cut jobs
(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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Philly Papers, Flying J, Tavern, Nortel, Spansion: Bankruptcy
(DBN)

Bankruptcy Dollar Amounts Will Increase On April 1, 2010
(DBN)

Bankruptcy Statistics:

Bankruptcy filings volume in US is still soaring despite economic recovery signs
(DBN)

Nevada bankruptcy filings in January higher than in January 2009
(DBN)

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Humor:

It's funny because it's sad--and true.
(DBN)

Presidential Reunion
(DBN)

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Hedge Funds:

Plainfield asks borrower to keep dealings quiet
(DBN)

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Corporate Reform:

Frank Won't Support Consumer Protection Agency In Fed
(DBN)

Barney Frank: Chris Dodd deal like 'a bad joke'
(DBN)

Rep. Frank could see consumer watchdog in Treasury
(DBN)

The fate of the consumer protection agency
(DBN)

Famous Comedians Try to Rescue CFPA in Star-Filled Sketch
(DBN)

Consumer Protection Agency an Urgent Need: Soros
(DBN)

Groups push independent CFPA
(DBN)

Fed Plosser:Current Reg Reform Proposals Miss The Point'
(DBN)

Treasury Issues Standards For Consumer Protection Rules
(DBN)

Regulation Is Risky, Says Group Appointed by Regulated Banks
(DBN)

Trusted Adviser or Stock Pusher? Finance Bill May Not Settle It
(DBN)

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Credit Cards:

The Ban on "Universal Default"
(DBN)

Fed Seeks Limit on Credit Card Penalty Fees
(DBN)

Credit Card Sales Tank In 2009
(DBN)

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AIG:

AIG eyes easing U.S. out
(DBN)

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Health Care:

The 12 States Where It's Impossible To Get Health Insurance
(DBN)

Healthcare Costs Around the World
(DBN)

Restaurants now adding 'Health' charge to restaurant bills
(DBN)

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Personal Finance:

70% Of The Elderly Aren't Retiring Because They Can't Afford To Anymore
(DBN)

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Pensions:

PBGC Moves to Protect Pensions at New United Motor Manufacturing
(DBN)

PBGC secures Toyota/GM joint venture scheme
(DBN)

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Chemicals:

Reliance Said to Have No Plans to Raise $14.5 Billion Offer for Lyondell
(DBN)

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UK:

Britain Grapples With Debt of Greek Proportions
(DBN)

UK recovery gains traction on services boost
(DBN)

UK House Prices Drop 1.5% in the First Drop for Eight Months
(DBN)

Scottish football's struggle for funds
(DBN)

Fears of fraud and blackmail as bankruptcy moves online
(DBN)

Britain grapples with debt of Greek proportions
(DBN)

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EU:

ECB Keeps Key Rate at 1% as It Weighs Greek Crisis
(DBN)

E.C.B. Readies Further Steps Away From Crisis Lending
(DBN)

The Scary Reason Europe Is Doomed To Crisis After Crisis After Crisis
(DBN)

U.S. probes hedge fund bets against euro
(DBN)

Traders Seek Out the Next Greece in an Ailing Europe
(DBN)

The Incredible Shrinking Europe
(DBN)

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Greece:

Greece Adopts Plan for New Taxes and Pay Reductions
(DBN)

Greece demands EU payback amid new austerity cuts
(DBN)

New Greek 10-year bond already oversubscribed
(DBN)

Greece will need further measures
(DBN)

ECB welcomes Greece's fiscal consolidation steps
(DBN)

Europe's Original Sin
(DBN)

In Defense of Goldman. Really
(DBN)

ECB’s High-Five for Greece
(DBN)

The banksters bet on bankruptcy
(DBN)

15 Managers Whose Funds Will Be Slammed In A Greek Collapse
(DBN)

Greece could sell islands to cut debt
(DBN)

Greek Unionists Occupy Finance Ministry to Protest Budget Cuts
(DBN)

Why cutting Greece's 14th salary payment is a bad idea
(DBN)

Greece: Chopping Away, But Still No Commitments
(DBN)

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Canada:

Canadian bankruptcies declined in December
(DBN)

Pocklington bankruptcy fraud trial delayed again
(DBN)

Oilers' ex-owner on trial in June over bankruptcy fraud in U.S.
(DBN)

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Ireland:

Bailout 'will cause revolution on streets'
(DBN)

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Malaysia:

Malaysia Increases Interest Rate as Recession Ends
(DBN)

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Russia:

European Court Ready to Hear Yukos Case
(DBN)

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India:

Lyondell setback unlikely to faze India's richest man
(DBN)

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