May 17, 2010

The Daily Bankruptcy News

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Law:

The Bankruptcy Files: Munger Goes Pro Bono for Pasadena Playhouse
(DBN)

Busy on the Bayou: N'Awlins Firms Seek Oil Spill Work
(DBN)

UK Lawyer Awards banking & finance line-up go big on restructurings
(DBN)

The Purge Urge: When Does a Document Retention Chat Cross the Line?
(DBN)

Last Week in Biglaw
(DBN)

THE AM LAW 100 2010: The Departure Lounge
(DBN)

BigLaw Firm Looks to Outsource All 200 Back Office Jobs
(DBN)

Zombie Firm, Zombie-in-Chief Say Ex-Partner Has to Wait for His Cash (Should He Hold His Breath?)
(DBN)

Toyota Lawsuit Judge Names Lead Attorneys in Acceleration Cases
(DBN)

Judge Agrees to Expand Plaintiffs Committees in Toyota MDL
(DBN)

Will the Toyota Litigation Make a Star Out of Eric Snyder?
(DBN)

Alternative Billing Is Here to Stay, Say GCs
(DBN)

After Federal Judge Bans Counsel Changes, Onetime Billionaire Tells New Lawyer He’s Fired
(DBN)

Accredited Home, Young, Aleris, Parking: Bankruptcy
(DBN)

Ex-Cravath Lawyer Hires His JFK Assassination Nemesis to Sue Over Plagiarism Claims
(DBN)

"You keep saying you are good at this. You are not."
(DBN)

"I have rarely been disappointed by my clients because I have rarely expected much of them"
(DBN)

Skadden Extends Its Retirement Phase-Out by 2 Years
(DBN)

Pls Hndle Thx: A Cry for Yelp
(DBN)

Solo Lawyer Jailed in 2 Counties in 1 Week
(DBN)

As Billables Dry Up, Firm Co-Founder Quits for Non-Lawyer Position
(DBN)

Law Firm Loses Unemployment Appeal Claiming Attorney Was a Partner
(DBN)

McElhaney Explains: The Problem Isn't Asking for Too Much, But How You Try to Get It
(DBN)

Biff! Bam! Pow! DC Comics Sues Lawyer Over Superman Rights
(DBN)

What a $505 Million Smile Looks Like
(DBN)

Judge Tosses Bulk of Chevron's Case Against Plaintiffs' Lawyer
(DBN)

It's Never Too Early to Raise Your Profile as a Lawyer
(DBN)

The Nitty-Gritty on Pretty
(DBN)

Dentist-Lawyer Orly Taitz and Pals Are at It Again
(DBN)

Misreading News Article Leaves Plaintiff's Lawyer Footing a Bill from Sullivan & Cromwell
(DBN)

"The Good Wife" - No marketplace for men with tragic flaws
(DBN)

R.I.P. Law & Order
(DBN)

SMU Will Pay You To Hire Their Graduates
(DBN)

Advocates for the Blind Suing Law Schools Over Online Application Process
(DBN)

CVS Sued for Death of Suspected Shoplifter Held in Chokehold by Employee
(DBN)

Should You Open Up Shop in Sears?
(DBN)

When Steven Met Barbara
(DBN)

WrestleMania Event & Nude Pic with Veggies Reportedly Are Trouble for GC & Paralegal
(DBN)

Calif. Agents Use Award Ruse to Reel in Fugitives
(DBN)

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Judges:

A Portrait of the Nominee As a Young Student
(DBN)

Elena Kagan Sampler Platter
(DBN)

Kagan's Rookie Missteps Could Fuel Claims of Inexperience
(DBN)

Tea Party Groups Being Courted Over Kagan Nomination
(DBN)

Komrade Kagan
(DBN)

New GOP argument against Kagan: She could ban books
(DBN)

How Larry Summers Made Elena Kagan
(DBN)

NAACP Backs Obama's Supreme Court Nominee Kagan
(DBN)

The Elena Kagan Look-A-Like Contest
(DBN)

Kagan's credentials take hits on Hill
(DBN)

No 'Little-Bitty Matter:' Sessions Says Kagan 'Violated the Law' on Military Recruiting
(DBN)

Answer the question, Ms Legal Eagle
(DBN)

'General Kagan' No Newcomer to High Court
(DBN)

The Elena Kagan you won't see
(DBN)

Specter, a former foe, calls Kagan 'forthcoming'
(DBN)

Nightmare for the left: Getting ‘soutered’ by Kagan
(DBN)

Kagan backers cite intellect, foes her slim written record
(DBN)

Kagan’s Civil Procedure Class Was ‘Nothing Short of Terrifying’
(DBN)

You Don’t Need No Stinkin’ Law Degree to be on the Supreme Court
(DBN)

Why Blacks Should Get Behind Elena Kagan
(DBN)

What Obama's choice of Kagan tells us about his judicial philosophy
(DBN)

Top Republican Sees Bumpy Kagan Court Confirmation
(DBN)

Justice Kennedy Questions Grilling of Supreme Court Nominees
(DBN)

Gibson Dunn's Estrada Does Not Think Highly of SCOTUS Confirmation Policy
(DBN)

N.J. Governor Rebuffs Former Justices' Request That He Rethink Ouster of High Court Judge
(DBN)

High Notes at the High Court in Annual Musicale
(DBN)

Goldman Case Gets Decisive, Compassionate Jurist
(DBN)

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Wall Street:

European Stocks Rise, US Futures Erase Losses; BP Gains
(DBN)

Asian stocks plunge as euro falls to 4-year low
(DBN)

Stocks and euro slip on austerity fears
(DBN)

Waddell is mystery trader in market plunge
(DBN)

Euro-zone troubles may roil stocks
(DBN)

Stocks Tumble On Slowing EU Economy
(DBN)

Is Clinton in Goldman’s Corner?
(DBN)

The rise of high-frequency trading: Electronic exchanges catering to high-speed traders dominate today's stock market
(DBN)

Speedy New Titans of Trading Make Waves Far From Wall St.
(DBN)

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Layoffs:

Worst cities to find a job
(DBN)

A Lament for the Class of 2010
(DBN)

Kelly leader: U.S. slow to prep for jobs
(DBN)

Who Are the Long - Term Unemployed?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

A Credit Union That Played With Fire
(DBN)

Regulators Close Four More Banks
(DBN)

Midwest Banc's Lender in Illinois Shut After Taking TARP Funds
(DBN)

Banking Failures On Track To Exceed 2009 Total As 4 More Banks Fail
(DBN)

WaMu Deal Faces Opposition
(DBN)

Toll of BankUnited loss underestimated
(DBN)

More bank customers can't get no satisfaction
(DBN)

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Excusable Neglect:

The Law Frowns on Attorney's Neglect but 'Positively Glowers' at Its Exploitation
(DBN)

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Theater:

Pasadena Playhouse Says Donors Will Fund Its Bankruptcy Exit
(DBN)

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Marine:

FLIR Systems Announces Acquisition of the Stock of Raymarine Holdings
(DBN)

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Baseball:

Selig Widens 'Best Interests' View in Rangers Bid
(DBN)

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Hockey:

Ice Edge says NHL, Glendale have 'disconnect' in talks
(DBN)

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Economy:

Is Ben Bernanke Having Fun Yet?
(DBN)

Fears Intensify That Euro Crisis Could Snowball
(DBN)

U.S. Economy Still Needs Further Boost: Romer
(DBN)

Bailout Missed Main Street, Report Says
(DBN)

Recovery Rewards Investors as Jobless Deny Historical Rebound
(DBN)

Geithner Tries to Calm Nerves Over Europe's Uncertain Fate
(DBN)

The Rise and Fall of the G.D.P.
(DBN)

Dimon Tells Graduates 'Do the Right Thing, Not the Easy Thing'
(DBN)

JPMorgan's Dimon stirs ire of upstate NY students
(DBN)

Geithner Sees Europe Managing Crisis Without Fallout for US
(DBN)

Get Ready To Taste The Bitter Side Of Keynesian Economics
(DBN)

Here's Another $23 Billion Bailout That You May Have Missed This Week
(DBN)

Economists: US Needs Help to Escape Recession
(DBN)

Homeless Children of the Recession, 1 Year Later
(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:

Banks Can Write Mortgages Without Lawyers, Says Fla. Supreme Court
(DBN)

Building Is Booming in a City of Empty Houses
(DBN)

Lenders offer 'cash for keys' to speed foreclosures
(DBN)

Default Notices Fall; REOs Inch Higher
(DBN)

Few deals but U.S. skyscrapers beckon
(DBN)

Mortgages - A Tough Time for Self-Employed Borrowers
(DBN)

Deciding home value now tricky
(DBN)

Detroit ‘Right-Sizes’: Mr. Mayor, Tear Down These Homes!
(DBN)

Fannie Mae Accused of Ducking Taxes
(DBN)

Dallas area real estate investors find few commercial bargains
(DBN)

Houston Club Building may face foreclosure
(DBN)

Commercial Real Estate Delivers First Positive Return in 18 Months
(DBN)

S&P Cuts to Junk Mortgage Bonds It Rated AAA in 2009
(DBN)

Recession taking its toll as builders file for bankruptcy
(DBN)

Mike Ross - visionary behind Rarity communities - now wonders where it all went bad
(DBN)

Rarity Mountain: Boondoggle or boon?
(DBN)

New York's Stuy Town Renters Try to Buy Their Buildings
(DBN)

Jacksonville retirement community struggling
(DBN)

Experts differ on who should own a home
(DBN)

Moody’s Downgrades Nearly $10bn of Wells Fargo Jumbo Mortgage Securities
(DBN)

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Avoidance Actions:

Fraudulently Conveyed Assets Are Not Property of the Estate Until Recovered
(DBN)

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Corporate Governance:

Chancery Upholds Forum Selection Clause Requiring Delaware Corporate Issues To Be Litigated in Texas Court
(DBN)

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Oil/Gas:

Huge underwater oil plumes found in Gulf
(DBN)

Underwater Oil Plumes Alarm Scientists
(DBN)

Deep sea oil plumes, dispersants endanger reefs
(DBN)

Transocean follows in the wake of the TITANIC, invokes old law to hold down its liability
(DBN)

After Spill, an Economy on Pause
(DBN)

Why Libertarianism Doesn’t Work, Part N
(DBN)

BP Inserts Siphon Into Gulf Oil Leak
(DBN)

BP says successfully tests oil-siphoning system
(DBN)

Tube Catches 'Some' Oil From Leak
(DBN)

Florida's Panhandle Resorts Suffer
(DBN)

Fed'l Inspections on Rig Not as Claimed
(DBN)

'This Thing Could Wipe Us Out,' Leading Louisiana Ecologist Says
(DBN)

Oil falls to $70, lowest in more than three months
(DBN)

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Tax:

IRS tightens control of smallest nonprofits
(DBN)

Thousands of charities could lose tax-exempt status
(DBN)

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Corporate Reform:

In Tough Stance, Democrat Finds Few Allies
(DBN)

How A Primary Election In Arkansas With Bizarre Rules Could Screw Over Wall Street On Derivatives Reform
(DBN)

Congress Rejects Call to Axe Consumer Financial Protection Oversight
(DBN)

Taking On the Bankers - What Took So Long?
(DBN)

Criminal Probe Confirmed in Mine Blast
(DBN)

Will the Financial Probes End With a Bang . . . Or a Big Handshake?
(DBN)

Morgan Stanley’s Doomed Baldwin CDOs Thwarted ‘Natural Process’
(DBN)

Waddell & Reed Probed, Goldman Has Company
(DBN)

Credit Rating Smackdown: Franken v. Dodd
(DBN)

Look out Preet; Here Comes Neil
(DBN)

Still searching for a Wall Street scalp
(DBN)

Obama Wants Light on Wall Street's Shadowy Deals
(DBN)

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Fraud:

SEC Commissioner On Goldman Case: "I Have Serious Doubts About The Evidence Of Fraud"
(DBN)

Goldman Sachs isn't required to act in clients' best interest
(DBN)

US panel targets online bank fraud
(DBN)

Ex-Law Firm COO Set to Enter Guilty Plea in Ponzi Case
(DBN)

Double Jeopardy May Apply to Former Adelphia Executives
(DBN)

Coo-Coo-Ka-Choo: Crookedest Lawyer Ever's COO Sings for the Feds, Gets a Deal
(DBN)

Stupid Twin Tricks Stupid Twin Tricks
(DBN)

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Religion:

Vatican Set to Roll Out Defenses in Sex-Abuse Case
(DBN)

Vermont Roman Catholic diocese, priest abuse victims reach $17.65 million settlement
(DBN)

Complex Struggle: Prelate’s Record in Abuse Crisis
(DBN)

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Health Care:

How Sunwest Management returned from the ashes
(DBN)

Sunwest legal fees escalate
(DBN)

Lenders file Forum plan
(DBN)

Business Group Joins Suit on Health Law
(DBN)

Small Business Tax Credits to Pay Third of Health-Care Premiums
(DBN)

Hospital Closure Forces New York City Home Birth Midwives Into Outlaws
(DBN)

Lower Bucks Hospital gets exclusivity extension
(DBN)

Presbyterian purchase plan of hospital in trouble
(DBN)

Feds, HMSA object to reorganization plan
(DBN)

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Rating Agencies:

Moody's, S&P , Fitch May Face New Competition for Debt Ratings
(DBN)

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Food/Drink:

Bashas' hopes to emerge from bankruptcy by mid-summer
(DBN)

Bashas' Says In Talks For New Funds
(DBN)

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Financial Literacy:

Good debt vs. bad debt
(DBN)

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Dog Racing:

Live Greyhound racing goes to the dogs at Twin River with governor's signed bill
(DBN)

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Newspapers:

Transition begins at Philadelphia Newspapers
(DBN)

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Bankruptcy Crimes:

Hot Dog Vendor Guilty of Bankruptcy Fraud
(DBN)

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New Bankruptcy Opinions
(2 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)

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Labor:

US Labor Dept joins fight over Tribune bankruptcy
(DBN)

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Bankruptcy Statistics:

Bankruptcy Filings By District 2010 v. 2009
(DBN)

Mass. bankruptcy filings rose nearly 30%
(DBN)

Debt, unemployment lead more Ohioans to file for relief
(DBN)

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Autos:

Today, GM shows if overhaul paid off
(DBN)

U.S. to Hire Adviser for IPO of GM
(DBN)

Ford Leads Resale-Value Gains
(DBN)

UAW says it wants to share in profits
(DBN)

The surprising rebound of GM and Chrysler
(DBN)

Surviving auto suppliers shift slowly out of reverse
(DBN)

Auto Loan Scams Lead to Congressional Scrutiny
(DBN)

Auto Dealers Campaign to Fend Off Regulation
(DBN)

GM wants more subprime buyers; will lender agree?
(DBN)

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Retailing:

General Growth, Simon in Austin Drama
(DBN)

Retailers Prepare for Consumer Comeback
(DBN)

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Aviation:

Labor Trouble Looming in U.S., U.K.
(DBN)

The Fundamental Frustration of Frequent Flier Miles
(DBN)

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Municipalities:

Bankruptcy : What is the real aftermath for a city?
(DBN)

How Harrisburg may burn municipal investors
(DBN)

Orange County Tells Harrisburg Bankruptcy Has 'Positive' Side
(DBN)

Controller Dan Miller: Bankruptcy is city's best option
(DBN)

Who needs fireworks? Harrisburg is burning down in flames financially
(DBN)

Pros and cons of Chapter 9 bankruptcy
(DBN)

Most Indiana cities will face budget crisis
(DBN)

Rohnert Park facing bankruptcy?
(DBN)

Greece mirrors New Jersey
(DBN)

Arnold Schwarzenegger Compares California To Greece, Ireland, And Spain
(DBN)

California Swings Its Axe on the Poor
(DBN)

A Tale of Two Cities: Chicago and Newark
(DBN)

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Credit Cards:

This Baby Has an American Express Black Card
(DBN)

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Horse Racing:

Preakness outlook bright in light of economy, end of bankruptcy
(DBN)

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Art:

Fraud-Charged Salander Art to Sell at Auction Ahead of Sentence
(DBN)

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Debt Collection:

Class Claims Morgan Chase Grabbed Money
(DBN)

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Video Rentals:

Blockbuster Free Falls on Loss
(DBN)

In a few years, Blockbuster goes from dominant to besieged
(DBN)

Video chain Movie Gallery proposes liquidator
(DBN)

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Personal Finance:

The Risks of Being a Moocher
(DBN)

Fraud Alert
(DBN)

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Symphonies:

New York Asian Symphony Orchestrates Liquidation
(DBN)

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Metals:

How Auto Cast and CEO Carl Homrich survived bankruptcy
(DBN)

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Equipment Rental:

Neff Rental files for Chapter 11 bankruptcy
(DBN)

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Sovereigns:

Where the Debt Is Coming From
(DBN)

MisIMFormation?
(DBN)

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UK:

U.K. Stocks Love Stingy Governments
(DBN)

Cuts: who's paying for the financial crisis?
(DBN)

Chef's in a £3m stew
(DBN)

Bonus Tax Increase Sends U.K. Bankers to Lawyers, Accountants
(DBN)

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EU:

Euro Breakup Concerns Grow
(DBN)

EU Central Bank: Economy in Deepest Crisis Since WWII
(DBN)

Europe’s Bailout Loses Some Luster
(DBN)

Germans lose faith
(DBN)

Merkel: Euro rescue package 'just buys time'
(DBN)

Germans Turn Against EU on Meltdown
(DBN)

Europe Throws A Hail Mary Pass
(DBN)

Raging battle of wills at Euro summit
(DBN)

Euro Falls to Lowest Since Lehman as Breakup Concern Increases
(DBN)

Trichet: Greek Situation Started To Resemble Lehman
(DBN)

Is PIMCO Actively Trying To Freak Out European Markets?
(DBN)

Ignoring The Elephant In the Euro
(DBN)

Europe blocks U.S. emergency exit door
(DBN)

EU car registrations fall first time in 10 months
(DBN)

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Greece:

Greek PM hits out at US banks over debt crisis
(DBN)

Greece May Take Legal Steps Against U.S. Banks for Crisis
(DBN)

Greece to name and shame rich tax evaders
(DBN)

Greece says will clean up corruption in politics
(DBN)

Greece's Bailout Heroes Arrive in Leaking Boats
(DBN)

Greece's debt must be restructured
(DBN)

Greece to get vital EU funds 'at last minute'
(DBN)

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Canada:

Canwest Proposes June 10 Creditors Vote on Exit Plan
(DBN)

Canadian bankruptcy rate soars
(DBN)

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China:

China's property policies leave buyers in limbo
(DBN)

China's growth passes peak and more tightening feared
(DBN)

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Spain:

Spain’s Jobless Find It Hard to Go Back to Farm - Foreigners Now Have The Jobs
(DBN)

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Zimbabwe:

Big bank about to go belly up
(DBN)

German bank grabs Mugabe's properties
(DBN)

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Australia:

Maurice Blackburn Targets Excessive Bank Fees in Australian Class Action
(DBN)

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Eastern Europe:

They Have Made a Desert
(DBN)

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