May 10, 2010

The Daily Bankruptcy News

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Law:

Legal Sector Loses 2,100 Jobs in March and April
(DBN)

Fox Rothschild: Holding Steady
(DBN)

Onetime Lawyer for Usher is Now Collecting Food Stamps
(DBN)

Last Week in Biglaw
(DBN)

THE AM LAW 100 2010: A Change at the Top
(DBN)

Catching Up With the Class of 1985
(DBN)

The increase in salaried partners is unsustainable
(DBN)

Gulf Coast Oil Rig Disaster Sets Off Gusher of Work for Attorneys
(DBN)

Sued for Fees, Client Files Malpractice Suit
(DBN)

How many hours did it take?
(DBN)

Ballard Spahr’s New Chairman Won’t Be Multitasking
(DBN)

Former Rothstein Partner to Be Charged, Attorney Says
(DBN)

Slaughters adjusts associate salaries as firm restarts lockstep
(DBN)

Freshfields follows magic circle rivals with salary band increases
(DBN)

Visteon, General Growth, Abitibi, Lehman: Bankruptcy
(DBN)

Is Litigation in America Heading Toward A Perfect Storm?
(DBN)

Cross-Border Specialist Feld Joins Sheppard Mullin's Bankruptcy Practice
(DBN)

Firm Ditches Paper
(DBN)

The Snark Rolls Out the Big Law 'Webbies'
(DBN)

D.C. Lawyer Murder Mystery Heads to Trial
(DBN)

Defense Lawyers Say This Tracker Is Stepping Outside the Bounds of Evidence
(DBN)

Yale Law School Is Tops in 3 Rankings, Including New U.S. News Clerkship List
(DBN)

Former Foster Pepper Partner Pens Advice for BigLaw’s ‘Baby Sharks’
(DBN)

8 Steps for Including Disaster Preparedness in Lawyers' Career Plans
(DBN)

Sour Grapes Over Mislaid Wine Could Mean Larceny Charges for Attorney
(DBN)

Zero Tolerance for Junk Food at Lunch Puts Girl in School Detention for Week
(DBN)

Parent Can Sue Ex for Turning Children Against Him
(DBN)

Attorney Charged with Arson & Attempted Arson in Law Firm Fires
(DBN)

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Judges:

Obama to Nominate Solicitor General Elena Kagan to U.S. Supreme Court
(DBN)

More Clues That It Will Be Kagan - Judge Wood was notified last tonight that she’s not the nominee.
(DBN)

Kagan's Goldman Sachs Ties in the News
(DBN)

It’s Beginning to Look A Lot Like Kagan
(DBN)

Elena Kagan's (Non) Record
(DBN)

The Lingering Mystery Around Elena Kagan
(DBN)

Supremely Speculative -- SCOTUS Talk Gets DC In A Lather
(DBN)

Holder: Elena Kagan 'Would Be a Great Justice'
(DBN)

U.S. Bankruptcy Court in New Orleans is reaching out to individuals, businesses who are owed money
(DBN)

Portrait of Newnan judge unveiled
(DBN)

Ala. Supreme Court Justice Suing Opponent in Primary
(DBN)

Lawyer Censured After Making Faces, Arguing with Judge During Trial
(DBN)

Holder Says He's Open to 'Reconfiguring' the 9th Circuit
(DBN)

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Wall Street:

US Stock Futures Surge on European Emergency Loan Package
(DBN)

Volatile Week on Wall St. Ends With Another Slide
(DBN)

Investors' Resolve Tested by Plunge, European Debt
(DBN)

No Indication Cyberattack Caused Stock Sell - Off: U.S.
(DBN)

Stocks 'Tornado' Pressures SEC to Regulate Electronic Trading
(DBN)

Nasdaq adds 12 stocks to list of canceled trades
(DBN)

Regulators Eye Curbs to Slow Stock Price Drops
(DBN)

Dodd urges SEC to look at high-speed trading
(DBN)

Blankfein: High-Freq Trading Important Liquidity Generator
(DBN)

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Layoffs:

Why Did the Unemployment Rate Rise?
(DBN)

Unemployment Duration Even More Alarming in April
(DBN)

Number of the Week: 29.4 Million in ‘Industrial Reserve Army’
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

Continental-United merger poses questions
(DBN)

Here are the plane FAQs on airline merger plan
(DBN)

US Should Deny UAL-Continental Deal, Oberstar Says
(DBN)

Perkins: Get ready for fallout from probable United-Continental merger
(DBN)

Houston, We Might Have a Problem
(DBN)

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Fraud:

Rajaratnam Seeks to Throw Out Government Wiretaps
(DBN)

Goldman to Review Its Core Business Practices
(DBN)

Goldman chief eats humble pie with pledge of ethical review
(DBN)

Goldman Sachs founder's life seen through heir's eyes
(DBN)

Goldman Sachs Faces-Off with Shareholders
(DBN)

Few fraud queries at Goldman annual meeting
(DBN)

Critics take a back seat to satisfied shareholders at annual meeting
(DBN)

Goldman: Not So Smart, But Well-Connected
(DBN)

Job opening? $22k an hour
(DBN)

Round Three: SEC 2, Goldman Sachs 1
(DBN)

The guy who wrote that Goldman memo now works at BofA
(DBN)

Small Business Lender to Pay $26.3 Million for Sham Transactions
(DBN)

Jérôme Kerviel to Société Générale: Stand By Your Man
(DBN)

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Economy:

E.U. Nearing Deal on Plan to Stabilize Economies
(DBN)

$700 Billion EU Emergency Fund!
(DBN)

Excluding Census, jobs increase 224000; jobless rate rises to 9.9%
(DBN)

Truer unemployment rate rises to 17.1%
(DBN)

Ignoring the Elephant in the Bailout
(DBN)

Greek Debt Woes Ripple Outward, From Asia to U.S.
(DBN)

Euro yips: Greece’s troubles aren't just Europe’s; they are jangling nerves here, too
(DBN)

Obama discusses European economy with German Chancellor Merkel
(DBN)

Plosser Sees ‘Hazy’ Outlook, Says Fed Must Eye Inflation
(DBN)

Economists React: Jobs Report Confirms ‘No Double Dip’
(DBN)

Change in poverty rate, 1999-2008
(DBN)

Immigrants Drive Growth in US Metro Areas as Wage Gap Widens
(DBN)

Nation's suburbs show increasing diversity
(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:

High-End Homeowners Falling Into Foreclosure Trap
(DBN)

Fannie, Freddie bailout plays like Greek tragedy
(DBN)

The Fight Over Fannie, Freddie Is Just Beginning
(DBN)

Commercial Real Estate Lending Still Falling as CMBS Delinquencies Rise
(DBN)

Homeowners threaten plan to flip dead golf courses
(DBN)

Housing Inventory Rises in Many Cities
(DBN)

Delaware increases amount of home equity protected in bankruptcy proceedings from $50,000 to $125,000
(DBN)

Felled by greed: Saga of H's Resort nears end
(DBN)

Fontainebleau contractors share lessons from project failure
(DBN)

A Bullish View on Housing Construction
(DBN)

Congress Considers Mandate on 5% Minimum Down Payments
(DBN)

Freddie to Strategic Defaulters: Please Don’t Do It
(DBN)

Nevada Court Extends, Modifies Foreclosure Mediation Program
(DBN)

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Corporate Reform:

Senator: Bank Bill Empowers Gov't to Track Consumers' 'Personal Characteristics,' Force Them to Respond 'Under Oath'
(DBN)

Volcker Says Derivatives Proposal Goes Too Far
(DBN)

Dodd: Wall St. Detached From "Real Economy"
(DBN)

Sen. Sanders Vows To Fight For Federal Reserve Audit
(DBN)

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Oil/Gas:

BP wrestles with oil spill hitch
(DBN)

'Put It in Writing'! GCs From Cos. in Oil Fire Receive Terse Letter
(DBN)

BP not giving up after Gulf leak repair setback
(DBN)

Next step to stop oil: Throw garbage at it
(DBN)

No end in sight to spill as BP costs mount
(DBN)

Crews put out about 190 miles of boom in oil spill
(DBN)

New scale of disaster looms in Gulf of Mexico
(DBN)

Malfeasance Considered in Leak
(DBN)

BP violated terms of probation, lawyer claims
(DBN)

For BP, a History of Spills and Safety Lapses
(DBN)

BP Is in the Spotlight for Now, but 3 Other Companies Could Share the Blame
(DBN)

BP Oil-Collection Chamber Clogs, Removed From Leaking Gulf Well
(DBN)

BP Spends $10 Million A Day on Oil Spill Clean-Up
(DBN)

Tar balls seen on Alabama barrier island
(DBN)

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Retailing:

Simon ends bid for General Growth Properties
(DBN)

General Growth Picks Brookfield Plan Over Simon’s
(DBN)

Court Agreement Ends GGP Bankruptcy Bid Battle
(DBN)

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Autos:

US auto suppliers mount a comeback
(DBN)

Now's not time to panic over GM
(DBN)

I don't get GM's math
(DBN)

US May Levy Additional Penalties Against Toyota
(DBN)

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Celebs:

I am broke but happy: Mike Tyson
(DBN)

Ramsay hit with second wine lawsuit
(DBN)

Put down the gold card! She's homeless and on the brink of financial meltdown. There's just one more problem...Fergie can't stop spending
(DBN)

‘Double Exposure’ Stars Strike Settlement With Creditor
(DBN)

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Debt Collection:

New FL state law protects consumers
(DBN)

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Hockey:

Arizona may yet hold on to Coyotes
(DBN)

Blame Bettman for Coyote ugly
(DBN)

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Newspapers:

Pa. newspapers' layoff notice called 'procedural'
(DBN)

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Accounting:

PwC ex-partner claims discrimination over stress leave
(DBN)

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Telecoms:

FairPoint says it overstated income by $22M last year
(DBN)

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Discharge:

RCRA Clean-Up Injunction Is Not Dischargeable in Bankruptcy
(DBN)

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Health Care:

Obama Says Health Care Law Already Helps Millions
(DBN)

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Corporate Governance:

Appeals Court Rules Against Lions Gate on Poison Pill Plan
(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 - (Contact us to list your seminar)

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Mass Torts:

Asbestos trust funds lack trust
(DBN)

Staggering award in Calif. asbestos case not expected to stand
(DBN)

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Packaging:

Michigan Governor Urges Judge To Reopen Smurfit-Stone Plant
(DBN)

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Municipalities:

Richard Riordan, unleashed
(DBN)

Riordan's talk of fiscal doom rankles LA leaders
(DBN)

Calif. bill seeks to close property tax loopholes
(DBN)

Detroit Mayor Dave Bing is up against a tough reality
(DBN)

Public-sector employees are the new fat cats
(DBN)

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Banking:

Wells Fargo Earns $2.5bn in First Quarter 2010
(DBN)

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Golf:

Lenders accuse River Vale Country Club owner of lying in bankruptcy court
(DBN)

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Lehman:

Barclays' Ricci testifies as trial phase wraps up
(DBN)

Top Firm Described As 'Making Out Like Bandits'
(DBN)

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Hotels:

Goldman Close to Financing Deal for Extended
(DBN)

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Compensation:

Stock gains make CEOs even richer
(DBN)

CEO pay, performance found to be out of sync
(DBN)

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Magazines:

Newsweek at a Crossroads
(DBN)

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Labor:

More Protection for Bankruptcy Filers: Labor Department Updates Enforcement
(DBN)

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Horse Racing:

After Bankruptcy, Pimlico To Get New Owners
(DBN)

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AIG:

A.I.G. Posts $1.5 Billion 1st-Quarter Profit
(DBN)

AIG Making 'Real Money' After $1.45 Billion Profit, CEO Says
(DBN)

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UK:

Greek bailout is a small price to pay to protect us all
(DBN)

In Britain, the Liberal Democrats vs. the Bankers
(DBN)

BofA, Goldman to Pay $1 Billion in UK Bank Bonus Tax
(DBN)

Can U.K. Escape the Debt Bears?
(DBN)

Marrache & Co founders steeled for £34m bankruptcy ruling
(DBN)

Salans seals hire of former Halliwells corporate recovery chief
(DBN)

Cattles may cull 150 staff
(DBN)

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EU:

The Bailout Headline Number Is Big
(DBN)

Euro Gains Most in 18 Months Versus Yen, Stocks Surge on Rescue
(DBN)

Euro Bailout Package: Two Parts?
(DBN)

Crisis in Euro Zone: What Now?
(DBN)

Germany approves biggest cheque in history to save debt-swamped Greece
(DBN)

The Future Of Europe Hangs On A Tiny German Election Going On Right Now
(DBN)

Voters rebuke Merkel for Greek loan
(DBN)

Zeal and Angst: Germany Torn Over Role in Europe
(DBN)

ECB under pressure to act from global turmoil
(DBN)

EU vows to defend euro against market "wolves"
(DBN)

Analysts' View: EU efforts to stem the spread of Greek crisis
(DBN)

European banks in bonds plea to ECB as Greece fears rattle markets
(DBN)

Spain Recovers, and Portugal Mulls Its Options
(DBN)

Greek financial crisis shakes Eastern Europe
(DBN)

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Greece:

What the Greek Crisis Means for American Travelers
(DBN)

Tensions simmer as Greece readies pensions reform
(DBN)

Five Greek Myths, 2010 Version
(DBN)

Greek Drama
(DBN)

Greek debt restructuring to avoid euro tragedy could become script
(DBN)

Greece won't default if keeps plan
(DBN)

Greeks prefer austerity cuts to bankruptcy, poll shows
(DBN)

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China:

Pulled Chinese IPO sign of troubled times
(DBN)

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Canada:

Calgary clinic facing bankruptcy will perform fewer surgeries than promised
(DBN)

Destruction of aging hospitals premature
(DBN)

Calgary's health crisis can be traced back 16 years
(DBN)

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Romania:

IMF loan 'saved' Romania, but economy still sagging
(DBN)

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Ireland:

Lawyers feel the pinch as recession brings changes
(DBN)

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