May 13, 2010

The Daily Bankruptcy News

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Law:

A Quiet Lateral Move From Simpson Thacher
(DBN)

Orrick PPP Will Now Be a Secret, Both Inside and Outside the Firm
(DBN)

What Downturn? $1M-Plus Partner Profits the Norm, Outpacing 25 Years of Inflation
(DBN)

Stroock Strikes Back? The Firm’s Client Sues Andrew Cuomo in Federal Court
(DBN)

It’s Time to Give Up Fantasy of Perfect Work-Life Equilibrium, Lawyer Coach Says
(DBN)

Are Am Law 100 Firms Ever Going to Change?
(DBN)

Ponzi Investor Suit Targets Greenberg Traurig, Quarles & Brady
(DBN)

BigLaw Firm Expands Manhattan Office
(DBN)

NY Restructuring Partner Restructures His Career at New Firm
(DBN)

Clients Rank Their Law Firms: The 10th Annual Corporate Board Member List
(DBN)

Six Great General Counsels
(DBN)

In-House Counseling: The Terrible Twos
(DBN)

America' s Best Corporate Law Firms - Second Quarter 2010
(DBN)

Jockeying Begins for Solicitor General Job
(DBN)

What's in a Name?
(DBN)

Potential Layoffs Push Ex-BigLaw Colleagues Into Successful Small Practice
(DBN)

Fla. AG Defends $120K Payment to Expert Now Embroiled in Rentboy Scandal
(DBN)

Discovery Should Be Romantic Foreplay, NY Partner Urges, Save the "Rough Stuff for Trial"
(DBN)

Clinton Adviser Vernon Jordan Makes Cameo Appearance on ‘Good Wife’
(DBN)

$40 Bounced Check Led to $884K Theft Case Against Longtime Law Firm Office Manager
(DBN)

Defendants in Murdered Lawyer Case Opt for Bench Trial
(DBN)

$4 Million Default Judgment Lifted Where GC Kept Suit a Secret
(DBN)

What Is Your Nomination for the Worst Big Law Website?
(DBN)

Yech!
(DBN)

Hellish Deposition
(DBN)

One-year suspension of an attorney found to have violated fiduciary obligations to his law firms by "moonlighting."
(DBN)

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Judges:

Why Do People Care What Elena Kagan Looks Like?
(DBN)

Is it a sin to be ambitious, single and female?
(DBN)

Kagan Whisper Campaign Over?
(DBN)

Not Even Bork Got Treated Like This
(DBN)

Value Over Replacement Justice
(DBN)

Kagan makes the rounds with senators
(DBN)

Senators to query Kagan, but don't expect answers
(DBN)

Elena Kagan: Way Too Boring For Scandal-Starved Media
(DBN)

A question for Supreme Court nominee Elena Kagan
(DBN)

Elena Kagan, Creature of the System
(DBN)

Elena Kagan's No Liberal
(DBN)

Kagan Must Be Stopped, at Any Cost
(DBN)

Kagan Says 'Governmental Motive' is Proper Focus in First Amendment Cases
(DBN)

Is the Supreme Court Too Packed With Ivy Leaguers?
(DBN)

Seven of the nine Brown v. Board justices had no prior judicial experience
(DBN)

State Supreme Courts Have Many Judges Outside the "Judicial Monastery"
(DBN)

Elena Kagan: Getting to Know Her Through the Loss of Her Parents
(DBN)

Our Crazy Supreme Court Nomination Process
(DBN)

Evidence of a Supreme Court bias
(DBN)

Durbin says Kagan has new perspective on article
(DBN)

Feingold, Kohl Praise Kagan as High Court Nominee
(DBN)

Judge Called on the Carpet for "Rude" Tirade Against Cops
(DBN)

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Wall Street:

Stock index futures signal dip; techs eyed
(DBN)

Stocks recover from recent slide over debt fears
(DBN)

SEC: No smoking gun in stock plunge
(DBN)

SEC Remains Baffled by Market Crash
(DBN)

SEC: Market Crash Caused by Large Wall St. Firms
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Theme Parks:

Six Flags President and CEO Shapiro leaves company
(DBN)

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Economy:

Trade Gap Widens in Sign of Global Growth Rebound
(DBN)

Fed's Rosengren says bigger firms need more capital
(DBN)

Senate's drop of $50 billion fund irks EU official
(DBN)

Treasury 30-Year Bonds Climb Amid European Debt-Crisis Concern
(DBN)

Economist: Great Recovery an Illusion
(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:

US home prices drop by $25 billion
(DBN)

April foreclosures ebb, suggesting high plateau
(DBN)

Mortgage Rates Fall on Turmoil in Europe
(DBN)

Interim Attorney Fees Awarded in Consumer Fraud Suit Over Mortgage
(DBN)

Senate Adds Mortgage Underwriting Standards to Dodd Bill, Keeps Risk Retention
(DBN)

Legend Homes exits bankruptcy
(DBN)

Tempe Town Lake complex developers discuss bankruptcy
(DBN)

Wall Street banks investigated over misleading mortgage securities
(DBN)

Banks Bring In More Marketing Muscle for Miami Condos
(DBN)

Shadow Inventory To Peak in Summer of 2010
(DBN)

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Municipalities:

Las Vegas Monorail's bond insurer appeals bankruptcy ruling
(DBN)

NY Gov. Approves Staff Raises After Forced Furloughs of 100,000
(DBN)

Texas facing tough choices in face of $18 billion deficit
(DBN)

The incinerator that may burn muni investors
(DBN)

A Capital City Nears Bankruptcy
(DBN)

A bankruptcy shelter seldom used by cities
(DBN)

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Oil/Gas:

Oil spill spawns tide of lawsuits
(DBN)

Transocean Petitions to Limit Liability in Gulf Rig Blast
(DBN)

Oil execs under pressure, BP tries latest well fix
(DBN)

BP leak costs soar
(DBN)

Mechanical failure blamed in Gulf oil spill
(DBN)

Red Flags Were Ignored on Rig
(DBN)

House committee takes aim at possible defects in oil rig disaster
(DBN)

First picture of leak
(DBN)

BP Refused To Share Underwater Footage Of Oil Spill
(DBN)

BP to try new fix as oil spill threatens Gulf
(DBN)

BP Tells Congress Gulf Well Failed Tests Before Blast
(DBN)

White House aims to raise oil firms' liability cap
(DBN)

Offshore Drilling Disaster Tied to Weak Oversight, Strong Lobbying
(DBN)

Obama Introduces Oil Spill Recovery Bill, Won't Pinpoint New Cap On Economic Damages
(DBN)

W.H. calls for $118 million in Gulf aid
(DBN)

Senators scorn efforts to pass blame
(DBN)

______________

Fraud:

The government may be undermining its Goldman case
(DBN)

AIG Reviewing Possible Recovery in Goldman Trades
(DBN)

Dead Presidents v. Abacus: Comparing the Morgan and Goldman CDO Cases
(DBN)

Adelphia's Rigases win ruling on double jeopardy
(DBN)

Former Rothstein CPA Weintraub takes Fifth
(DBN)

______________

Compensation:

Largest Severance Payments Given to Short-Tenured CEOs
(DBN)

______________

Corporate Reform:

From Goldman to Morgan Stanley: The Criminal Spotlight Expands
(DBN)

Morgan Stanley Under The Microscope
(DBN)

Morgan Stanley Falls, but Can't Match Goldman's Tumble
(DBN)

Morgan Stanley may be next target of US prosecutors
(DBN)

Morgan Stanley shares bounce back
(DBN)

AIG Stands by Its Banker -- Goldman Sachs
(DBN)

_____________

Aerospace:

Sea Launch Says Energia Will Finance its Bankruptcy Exit
(DBN)

______________

Payday Lending:

Payday loan reform passes Illinois Senate
(DBN)

______________

Health Care:

St. Vincent's Hospital closing threatens hundreds of medical malpractice lawsuits
(DBN)

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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 - (Contact us to list your seminar)

______________

Baseball:

The Texas Rangers Sale: The New Test Case for the Power of Sports Leagues?
(DBN)

Rangers could face bankruptcy if MLB takes control of club
(DBN)

______________

Lehman:

Lehman to Buy $1.5 Billion in SunCal Projects Loans
(DBN)

______________

Hockey:

Fight for Coyotes drags on at Glendale city hall
(DBN)

______________

Credit Cards:

Having fun at VISA's expense
(DBN)

______________

Deals:

Bankruptcy Beauties: Once-Shunned Companies Look More Attractive
(WSJ: separate paid subscription required)

______________

Autos:

Judge sides with Visteon, not shareholders, in exit from bankruptcy
(DBN)

GM a different company one year after bankruptcy
(DBN)

Chrysler Wins Texas Dealer Arbitration
(DBN)

Obama: Regulate auto dealers like banks
(DBN)

Toyota Economic Damages Could Surpass $7 Billion
(DBN)

______________

Art:

Auction Raises $472,000 For Salander Creditors
(DBN)

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Celebs:

Former MLB star desperate to raise cash
(DBN)

______________

Retailing:

More Drama For General Growth?
(DBN)

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Mail:

A 21st century Postal Service
(DBN)

______________

Food/Drink:

Documentary Shows Effects Of Agriprocessors Raid
(DBN)

SC-based grocer emerges from bankruptcy protection
(DBN)

Judge sets stage for Uno's to exit bankruptcy
(DBN)

______________

Student Debt:

Will the Senate Give Subprime Student Loans a Pass?
(DBN)

______________

Newspapers:

Newspapers bet on revenue driver: bankruptcy
(DBN)

______________

Telecoms:

New England regulators approve FairPoint Chapter 11 plan
(DBN)

______________

UK:

UK Trade Deficit Widened in March as Imports Jump
(DBN)

Bankruptcies to keep on rising
(DBN)

______________

EU:

Obama 'helped save the Euro' after calling Nicolas Sarkozy and Angela Merkel with advice
(DBN)

Portugal PM, PSD leader agree new austerity steps-source
(DBN)

______________

Greece:

Greek workers call 24-hour general strike
(DBN)

______________

Germany:

Germans face bitter round of budget cuts as the price of eurozone bailout
(DBN)

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Canada:

Coventree Misled Investors About Subprime Risks, OSC Says
(DBN)

Biosyntech looks for court protection under Bankruptcy Act
(DBN)

Canwest's demise proves assets carry value
(DBN)

______________

Japan:

Japanese Corporate Bankruptcies Drop Again In April
(DBN)

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