May 25, 2010

The Daily Bankruptcy News

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Law:

Support staff hit hard by ongoing law firm cuts
(DBN)

Fulbright Names New Leader of Houston Bankruptcy & Insolvency Practice
(DBN)

Willkie Bolsters Restructuring Group With Two Partners
(DBN)

Eric Fromme Joins Rutan & Tucker
(DBN)

Thelen Bankruptcy Estate Seeks Approval of $900K Settlement
(DBN)

GM, WaMu, Visteon, Gen. Growth, Sex.com: Bankruptcy
(DBN)

A Sense of Entitlement Can Cost You a Job at Jones Day
(DBN)

Jobs Decline for Class of 2009, but What About in the Future?
(DBN)

"I'd rather not get into it. You'd fall off your chair."
(DBN)

Frustration Over Uncontained Gulf Oil Spill—and Tort Claim Contingency Fees of Up to 50 Percent
(DBN)

No Quick Decision on Consolidating Gulf Coast Oil Spill Lawsuits
(DBN)

Textron Stands . . . For In-House Lawyers, So Does the Worry
(DBN)

Firms remain cautious with internship programs
(DBN)

A Sign of the Times? Morris Manning Reinstates Summer Program
(DBN)

Lawyers use Web to stand out
(DBN)

Though Discover has a small legal staff, the attorneys at the credit card issuer deliver big results
(DBN)

Former Toyota Lawyer Awaits Key Ruling
(DBN)

Law Partner’s Success Secret: ‘Having a Plan and Being Very Dedicated to That Plan’
(DBN)

Nixon Peabody Launches Bike-Sharing Program—with a Waiver, of Course
(DBN)

Justices Rule Against N.F.L. in Antitrust Case
(DBN)

American Needle: High Court Delivers 9-0 Shutout Against NFL
(DBN)

Why NFL's Supreme Court Loss Isn't Much of a Loss
(DBN)

Winners and Losers of the NFL Antitrust Ruling
(DBN)

High Court Smoothes Path to Plaintiff Fees in Disability Cases
(DBN)

Allen & Overy Lawyer Turned S-- Columnist Makes Controversial Claims
(DBN)

NALP not bullish about 2011, reveals make-work tactics by law schools, including Harvard
(DBN)

Inspired by ‘Legal Rebel,’ Solo Opens Chicago Legal Café
(DBN)

Jailed 14 Months for Contempt, Ex-Beverly Hills Lawyer Calls Himself a Political Prisoner
(DBN)

Disbarment Urged for Lawyer Who Billed Fake Clients
(DBN)

NY Lawyer Now Plays With Legos for a Living
(DBN)

Lindsay Lohan’s Bail Conditions
(DBN)

Get over it Diane. No biggie.
(DBN)

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Judges:

On Kagan’s Style: Does Dowdy and Drab = Smart and Unyielding?
(DBN)

Elena Kagan is Unmarried and Childless ... So What?
(DBN)

Senator: No Kagan hearings without Clinton files
(DBN)

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Wall Street:

Jitters strike world markets
(DBN)

Wall Street Slips at the Close
(DBN)

Financial stocks mixed but banks mostly lower
(DBN)

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Layoffs:

Job Prospects Improve Slightly for College Graduates
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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IP:

Tavern On The Green Trademark Cancelled
(DBN)

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Municipalities:

CA legislation targeting municipal bankruptcies to face more scrutiny
(DBN)

Court soon may rule on Mesa records lawsuit
(DBN)

Special Issues Under Chapter 9 Of the Bankruptcy Code
(DBN)

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Corporate Reform:

Financial Reform Legislation: The Trampling of Creditors' Rights
(DBN)

Turnaround experts wary of financial reform bill
(DBN)

How the Finance Bill Affects Consumers
(DBN)

Will the reform bill prevent the next crisis?
(DBN)

Perspective on the Senate Financial Reform Bill
(DBN)

Senate bill brings new powers, new pressures for Fed
(DBN)

To Prepay for a Crisis, or Not
(DBN)

More Bank Regulation Isn't Helpful, Wilbur Ross Says
(DBN)

Risky Trading 1, Volcker 0
(DBN)

Auto dealers win support in Senate
(DBN)

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Retailing:

General Growth, lenders dispute equity
(DBN)

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Banking:

Smaller Banks Are ‘No Safer’
(DBN)

Why Goldman Slapped 'Buy' on Citi
(DBN)

Fed Research Praises Stress Tests
(DBN)

Rules Grow, but Banks Stay the Same Size
(DBN)

WaMu bank unit bondholders oppose bankruptcy plan
(DBN)

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Aviation:

AA Stepping Up Carry-On Baggage Crackdown?
(DBN)

American attendants blast contract offer
(DBN)

Airlines add $10-$30 fees for peak travel days in summer
(DBN)

JAL shareholders to still get perks
(DBN)

BA Pilots Flee Pension Scheme
(DBN)

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Student Debt:

Wells Fargo’s New College Loan for Parents
(DBN)

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Lehman:

Morgan Stanley Buys $1 Billion in Claims on Lehman
(DBN)

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Economy:

US, European economies face major hurdles: GE CEO
(DBN)

Fed May Send Record $70 Billion to Treasury, CBO Says
(DBN)

US Needs Growth to Tackle Deficit
(DBN)

Fed Not Likely to Sell Assets Soon
(DBN)

US budget agency puts $21 bln tag on Fed rescues
(DBN)

Bernanke: the taxpayer's best friend
(DBN)

Fed's Yellen Faces 56 Percent Pay Cut for Vice Chairman Job
(DBN)

Obama to Force Votes on Spending Cuts
(DBN)

Christopher Wood: Don't Rule Out a Double Dip Recession
(DBN)

'Dr Doom' predicts more pain
(DBN)

"Lip-Synching Capitalism": One Banker Is Definitely Not Getting an Invite to the White House Anytime Soon
(DBN)

Dem lawmaker proposes $165 billion bailout for unions
(DBN)

The gathering revolt against government spending
(DBN)

U.S. Crime Rates Fell Despite Economy
(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:

Home Resales Jump
(DBN)

How to Seriously Misuse Economic Stimulus, Housing Edition
(DBN)

U.S. Regulator Says Mortgage Lenders Stabilizing
(DBN)

Whither Fannie and Freddie?
(DBN)

Congress Considers Bill to Wind Down GSEs
(DBN)

Study Shows Commercial Property Trouble at U.S. Banks
(DBN)

Crescent Resources out of Ch. 11 in June
(DBN)

Bankrupt 'Hangover House' price slashed
(DBN)

Vue bankruptcy sale closes
(DBN)

Q&A: What’s Next for Fannie and Freddie?
(DBN)

Economists React: ‘Who Knows Where We Go From Here’ on Housing
(DBN)

Wells Fargo, LNR to Unload $2B of CRE Loans
(DBN)

Rent Control Is a Vanishing New York Treasure
(DBN)

Home financing "sick," needs private capital: FHA
(DBN)

Some Oklahoma developers may face ' bankruptcy ' if historic credits halted
(DBN)

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Baseball:

Rangers seek bankruptcy protection to spur sale
(DBN)

Rangers say bankruptcy filing will break lender logjam, complete sale
(DBN)

Are the Rangers going to stiff Alex Rodriguez?
(DBN)

A-Rod wants his $24.9 million
(DBN)

Rangers' Creditors Got No Warning Of Bankruptcy
(DBN)

Nolan Ryan Says He'll Own Texas Rangers by Summer
(DBN)

Nolan Ryan's open letter to Rangers fans
(DBN)

Rangers' Bankruptcy : What Was Selig Thinking?
(DBN)

George W. Bush Probably Responsible For Texas Rangers' Bankruptcy, Too :)
(DBN)

Breaking Down The Texas Rangers Move Into Voluntary Bankruptcy
(DBN)

Greenberg Expects Some Creditors to React "In a Noisy Fashion"
(DBN)

Chapter 11 proceedings won't affect Rangers' day-to-day operations
(DBN)

Texas Rangers Creditors Slam $575M Sale
(DBN)

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Oil/Gas:

BP tells what it's looking at as cause of spill
(DBN)

BP agreed to parts changes on oil rig, 2004 letter shows
(DBN)

Bad cement jobs plague offshore rigs
(DBN)

Oil Spill Tactics Become Desperation Moves
(DBN)

The Gulf Oil Disaster: Who's Liable, and for How Much?
(DBN)

'We Are on Them, Watching Them'
(DBN)

US pushes to lift oil spill liability cap
(DBN)

Head Fed: Replace BP 'with what?'
(DBN)

Pressure mounts for federal takeover of oil spill response
(DBN)

BP Kept Using Toxic Chemical in Gulf After E.P.A. Deadline
(DBN)

Feds, BP at odds over oil dispersants in Gulf
(DBN)

EPA Justifies Use of Dispersants, Calls for Reduced Use
(DBN)

BP's Dispersant Filing is Intellectually Dishonest
(DBN)

Oil Dispersants an Environmental "Crapshoot"
(DBN)

Transocean Finds Itself Caught in the Spotlight
(DBN)

Despite Moratorium, Drilling Projects Move Ahead
(DBN)

The Oil Spill: Anatomy of a Blowout (and How It Will Happen Again)
(DBN)

Oil Drops Below $68 on Concern European Debt Crisis May Persist
(DBN)

Hedge Funds Dumping Crude Oil Contracts
(DBN)

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Health Care:

Queens Crunched by Hospital Closures
(DBN)

63% Now Favor Repeal of HealthCare Law
(DBN)

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Packaging:

Smurfit-Stone pact will allow bankruptcy exit this summer
(DBN)

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Horse Racing:

Fifth Third Sues Stonewall Stallions
(DBN)

Loan keeps tracks racing
(DBN)

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Corporate Governance:

Chancery Denies Stay Pending Appeal of Decision Requiring Disclosure of Limited Partners' Names
(DBN)

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Payday Lending:

How lending against future paychecks went from a single shack to a strip mall staple
(DBN)

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Compensation:

Pay Czar Gets Paid
(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)

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Obits:

Alexander Gordon IV
(DBN)

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Fraud:

U.S. Supreme Court Nears Ruling on Honest Services Law
(DBN)

The PCAOB Has a Plan B if the Supreme Court Manages to Make a Huge Mistake
(DBN)

Allen Stanford Faces Off With Insurers Over Attorney Fees
(DBN)

Author revisits simple life after Madoff fraud
(DBN)

Banks Pay Overseas Madoff Investors $15.5 Billion
(DBN)

First jail term in Galleon insider trading case
(DBN)

Yup, Former IBM Chief and Galleon Accomplice Were ------, U.S. Attorney’s Office Confirms
(DBN)

Allen Stanford savagely beaten in prison, defense in disarray
(DBN)

CFTC Charges Calif. Duo With $3.7 Million Commodities Ponzi Scheme
(DBN)

Sale of Valley Investments' assets proceeding under bankruptcy rules
(DBN)

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Plan Confirmation:

Making Sense of “Cram-Down”
(DBN)

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Tax:

Lots of People in the South Have $0 Tax Liability
(DBN)

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Social Services:

Neb. to pay foster parents left in lurch
(DBN)

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Autos:

Treasury Department prepares for General Motors IPO
(DBN)

GM bailout driving Ohio contest
(DBN)

Lazard to advise the U.S. Treasury on GM IPO
(DBN)

European debts red flag for Detroit 3
(DBN)

Visteon Reorganization Plan Challenged
(DBN)

Judge sends Visteon back to shareholder talks
(DBN)

Visteon Gets $1.25 Billion Bid
(DBN)

Visteon Unimpressed by Johnson Controls Offer
(DBN)

Johnson Controls may hike its $1.25 billion bid for Visteon after due diligence
(DBN)

Last Hummer rolls off line in Louisiana
(DBN)

New Chrysler jobs to build Cherokee could signal turnaround - Most of the 1,100 new hires to earn lower wages than current workers
(DBN)

Ford Brings Jobs to Detroit
(DBN)

GM, Opel workers agree on concessions
(DBN)

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Risk:

Credit Risk Soars as Korea Tension, Euro Slump Spook Investors
(DBN)

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Video Rentals:

Blockbuster fights activist bid for board seat
(DBN)

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Celebs:

'Top Chef's' Timothy Dean in bankruptcy court
(DBN)

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Jewelry:

Former Fred Leighton Owner Back In Bankruptcy Court
(DBN)

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UK:

Britain announces spending cuts, joined by Italy and Spain
(DBN)

New UK government cuts to cause 'shockwave'
(DBN)

Strapped for cash, Duchess does it again
(DBN)

Duchess of York Sarah Ferguson: Greedy and needy
(DBN)

How the Duchess of York fell head-first into a tabloid trap
(DBN)

Fergie ready to pack bags, leave Royal flat
(DBN)

High Court success for Ashfords' Restructuring and Insolvency Team
(DBN)

British GDP gets small upward revision
(DBN)

Club FDs face tighter financial regulation of football
(DBN)

MCR wins inaugural corporate turnaround award
(DBN)

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EU:

Euro Falls on Concern Spain's Bank Woes Signal Crisis Spreading
(DBN)

One false move in Europe could set off global chain reaction
(DBN)

Euro down sharply; banking concerns resurface
(DBN)

Euro lower as momentum fades
(DBN)

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Canada:

Pocklington offers to plead guilty to avoid jail
(DBN)

AbitibiBowater Files Amended Plans of Reorganization and Disclosure Documents
(DBN)

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Greece:

Greece May Not Be as Rich as It Looks
(DBN)

How Greece could become Canada's nightmare
(DBN)

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Spain:

Debt-laden Spain to block credit for local authorities
(DBN)

IMF tells Spain to take bitter pill
(DBN)

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Germany:

German Short Ban Drops ‘Bomb’ on Regulators, Lawyers
(DBN)

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Italy:

Italian officials: euro25 billion ($31 billion) budget cuts necessary to avoid Greek tragedy
(DBN)

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Middle East:

The UAE 'has an insolvency law and it's comprehensive'
(DBN)

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Russia:

Kasyanov Testifies Yukos Case Is Political
(DBN)

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