May 4, 2010

The Daily Bankruptcy News

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Law:

The Newest, Biggest Kid on the BigLaw Block: Hogan Lovells
(DBN)

Four Continents + 47 Offices + 2,500 Lawyers = One Big Headache?
(DBN)

Kirkland's Skadden Hires Pay Dividends
(DBN)

Goldman Sachs Said to Be in Talks to Hire Law Firm Paul, Weiss
(DBN)

Four Firms Take Off With Continental-United Merger
(DBN)

Insurers Outraged at Law Firm’s Suits to Collect Very Small Amounts of Money
(DBN)

Pay Czar Kenneth Feinberg Cracks Down on Bankruptcy Lawyers at Weil, Jones Day ...
(DBN)

Partner's Discrimination Suit Against Firm Headed Back to 3rd Circuit
(DBN)

DLA Piper Prevails in Sex Discrimination Case
(DBN)

Buyer's Market? No - Just a Market
(DBN)

Dallas attorney helps Trump in legal battle
(DBN)

List of Top 10 Family-Friendly Law Firms Has Only Four Repeats
(DBN)

Stay East, Young Man!: Left-Coast Firms Had Gloomy 2009
(DBN)

Lawsuits Over Oil Rig Disaster Spill Into Court in Louisiana, Mississippi
(DBN)

V&E Gets BP's First Call on Gulf Oil Spill
(DBN)

Jury Rejects $10 Million Claim Against Greenberg Traurig Over Patent Loss
(DBN)

Prosecutors, Bankruptcy Trustee Hit Stalemate Over RRA Assets
(DBN)

Man Accused of Murdering Rothstein Firm Partner is Incompetent for Trial
(DBN)

BigLaw Firms Taking the Lead on Overturning Provisions of Landmark Voting Rights Act
(DBN)

Nice Work if You Can Get It: A French Sabbatical
(DBN)

NYCLA Approves Ghostwriting Papers for Pro Se Litigants
(DBN)

To Jury, It Was Patently Obvious: BigLaw Firm Wins NY Malpractice Case
(DBN)

Bar Hosts Debate on Prosecution of Attorneys
(DBN)

ABA Pressured to Move Immigration Conference out of Arizona
(DBN)

The Ash Has Spread; The Skies are Clear for Lawsuits
(DBN)

Supreme Court Rules Against Challenge to On-the Spot Mistrial Decision
(DBN)

The Harvard Email Controversy: How It All Began
(DBN)

NALP 2010: NALP Executive Director James Leipold Talks to the ‘Lost Generation’
(DBN)

NALP #s Tell Sad Story: Offers & Recruiting Plunge, But Law School Help Boosts Jobs Stat
(DBN)

Bail Set in Swiss Bank Case Against Ex-Lawyer Once Dubbed ‘Most Obnoxious’
(DBN)

Lawyer, a History Buff, Tracks Down Soldiers’ Skulls
(DBN)

Lawyer Wins Long Island Marathon Again, ‘Would Have Liked to Run Faster’
(DBN)

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Judges:

Supreme Court closing iconic front entrance
(DBN)

Breyer Dissents as Supreme Court Limits Use of Front Doors
(DBN)

Former Chapter 7 Trustee in Running for Supreme Court?
(DBN)

Obama Close to Making Supreme Court Pick
(DBN)

Lawyers Spot Justin Bieber on Flight, But Didn't Recognize Justice Stevens
(DBN)

A Narrowed List: Kagan Gets the ‘Full Monty’ From Obama
(DBN)

New Rules Let Judges Show Leniency; Defense Bar Cheers
(DBN)

9/11: A Day that Lives On and On for This Judge
(DBN)

Federal Judiciary Faces Up to Lack of Diversity Among Clerks
(DBN)

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Wall Street:

U.S. stock futures dip on renewed Europe jitters
(DBN)

Sovereign debt fears knock European stocks
(DBN)

US Stocks Gain Most Since February on Economy; Goldman Jumps
(DBN)

Never put too much faith in a Wall Street bank
(DBN)

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Layoffs:

Federal Government Outpaces Private Sector in Job Creation
(DBN)

Online job demand rose 222,700 in April
(DBN)

Jobs outlook for graduates looking better
(DBN)

11 Laid Off at B2B Publisher Penton Media
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Goldman Sachs has mounting legal woes
(DBN)

Goldman Subpoenaed in Closely Watched Fund Case
(DBN)

Goldman Makes Rare, Extensive Lawsuit Disclosure
(DBN)

Goldman Sachs Stock Surges, Despite Lawsuit Disclosures
(DBN)

Warren Buffett, Defender Of Goldman Sachs
(DBN)

Warren Buffett: Nothing 'Unique' About Goldman Sachs Deal Targeted By The SEC
(DBN)

Why Did Warren Buffett Stand Up for Goldman Sachs?
(DBN)

How Goldman Derivatives Amplified Crisis
(DBN)

Goldman Sachs' 'Social License'
(DBN)

Goldman Sachs reportedly 'tightening' its methods
(DBN)

Goldman Sachs CEO Knows Job Is on Line in Face of Government Probe
(DBN)

Goldman Sachs faces tough choice
(DBN)

Goldman the goat
(DBN)

Goldman Execs Are "Inept" And Must Go -- Bove
(DBN)

Gold men: Inside Sachs culture
(DBN)

Goldman Sachs shareholders pull no punches
(DBN)

Blankfein Meets Shareholders Suffering Goldman Integrity Crisis
(DBN)

Key Goldman question: Who is the real bully?
(DBN)

Billions soon headed to Madoff investor pot--court
(DBN)

Madoff 'death' benefits
(DBN)

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Theme Parks:

Six Flags Exits Bankruptcy After Cutting Debt
(DBN)

Dan Snyder out as Six Flags' chairman of the board
(DBN)

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Celebs:

JLo's ex fronting new reality show 'I Owe J.Lo'
(DBN)

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Consultants:

Citigroup, Goldman Sachs Tap Houlihan Lokey for Advise on Gramercy Capital Restructuring
(DBN)

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Municipalities:

Judge Rules California Localities Can Bring Civil Cases Against Citigroup, Goldman Sachs and Wells Fargo
(DBN)

Jefferson County and JPMorgan Chase & Co. sued by bond insurer
(DBN)

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Economy:

Inflation up 2% in March
(DBN)

The American Family’s Financial Turmoil
(DBN)

Guess What? You’re Rich
(DBN)

Greenspan Wanted Housing-Bubble Cassandras Kept Quiet
(DBN)

US Consumer Spending, Manufacturing Post Strong Growth
(DBN)

Economic outlook is cautious even with spending up
(DBN)

20 most stressed, least stressed counties in USA
(DBN)

Spending Up in March At The Cost of Savings
(DBN)

Buffett Touts Economy as Berkshire Seeks Buyouts
(DBN)

Buffett: The Government Has Definitely Lit The Fuse Of Inflation
(DBN)

Buffett: Value Added Tax A Good Thing
(DBN)

US Raises April-June Borrowing Need to $340 Billion
(DBN)

10 Developments That Could Torpedo This Economy
(DBN)

Was the economy of the '90s really so bad?
(DBN)

Pelosi: Bush Admin Barred Officials From Briefing Congress On Impending Financial Crisis in Fall 2008
(DBN)

The best predictor of the economy? Shoe sales.
(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:

Lawsuit: Flippers Destroyed Our Neighborhood
(DBN)

Florida AG Investigates Foreclosure Law Firm
(DBN)

PMI Sees Risk of House Price Decline Shrink Across US
(DBN)

Residential Construction Starts Up 6% in March
(DBN)

GMAC Reports First Profit Since 2008, Rebrands as Ally Financial
(DBN)

Down the Rabbit Hole: Unraveling the Latest Delinquency Statistics
(DBN)

New York Judge Rules that Bank of America Must Defend Fraud Claim Against Countrywide
(DBN)

Freddie Delinquency Rates Fall For First Time In Almost Three Years
(DBN)

Buffett says Goldman Sachs not at fault for clients' losses
(DBN)

Home Truths for Home Loan Banks
(DBN)

Retirement Plans Put on Hold as Home Equity Plunges
(DBN)

Bank of America Looks to Education to Prevent Future Foreclosures
(DBN)

Why Home Prices Will Keep Falling In "Gold Coast" Connecticut
(DBN)

Even Aspen real estate suffers in Great Recession
(DBN)

End of loan program threatens rural areas
(DBN)

CitiMortgage Slashes Interest Rates on Jumbo Mortgages
(DBN)

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Autos:

Higher April Sales for Ford and G.M.
(DBN)

GM needs to quickly drop D.C. crutch
(DBN)

GM Canada bucks trend, April sales fall 21 per cent
(DBN)

Cars, minivans drive Chrysler sales up 25%
(DBN)

Car warranty business sued for unwanted calls, misleading advertising
(DBN)

Daewoo Motor Sales Lays Off Half Its Sales Force
(DBN)

Toyota now faces 327 state, federal lawsuits
(DBN)

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Aviation:

UAL-Continental Fliers to See More Hubs, Higher Fares
(DBN)

Airlines made $7.8 billion from fees last year
(DBN)

United, Continental Pilots Want Better Contracts
(DBN)

Airline merger could give unions a boost in talks
(DBN)

How the Continental-United deal went down
(DBN)

How To Play The UAL-Continental Merger
(DBN)

Continental Name Change: So Long, Proud Bird
(DBN)

Newark feels Continental, United shockwave
(DBN)

New No. 1 airline to be based in Chicago, led by Continental's Smisek
(DBN)

Tilton steered United through turbulence
(DBN)

When an Airline Merger Isn't a Marriage
(DBN)

Fitch puts UAL ratings on positive rating watch
(DBN)

United-Continental Merger: Frequent Fliers Will Be Pleasantly Surprised
(DBN)

Airlines adding more fees
(DBN)

Airline execs and union leaders ponder rough decade
(DBN)

India's Vanishing Domestic Airlines
(DBN)

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Corporate Reform:

Senate Financial Bill Misguided, Some Academics Say
(DBN)

Buffett, Goldman, bailouts, and regulation
(DBN)

Warren Buffett Is a Hypocrite
(DBN)

Goldman chief's testimony an example of what not to say
(DBN)

Financial Reform: Who's the Fox in the Henhouse?
(DBN)

Did the Bush Administration hide the financial crisis from Congress?
(DBN)

Rahm Working With Fed To Beat Back Audit
(DBN)

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Newspapers:

Freedom emerges from bankruptcy
(DBN)

Zell's Tribune deal faces probe
(DBN)

Perelmans put up $27M for Philly newspaper auction
(DBN)

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Hotels:

Opryland Hotel under 10 feet of water and rising
(DBN)

Hotels Follow Airlines’ Lead on Fees
(DBN)

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Banking:

Fed Says Most Banks Didn't Tighten Lending Standards
(DBN)

Banks still tight with credit, Fed survey says
(DBN)

U.S. business loan demand climbs in March
(DBN)

Citigroup’s Richard Stuckey to Retire After Cutting Toxic Assets
(DBN)

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Video Rentals:

Can Movie Gallery's Death Save Blockbuster?
(DBN)

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Baseball:

MLB plans to move on Rangers
(DBN)

MLB may seize Rangers, avoid creditors
(DBN)

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Horse Racing:

Can New York Racing survive NYC OTB's?
(DBN)

Stronach to Retain Control of Santa Anita Park
(DBN)

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Hedge Funds:

Hedge Funds are Getting a Free Ride
(DBN)

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Lehman:

Lehman's Legal Eagles Set to Fight Bank Claims
(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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Examiners:

Klee Tapped To Probe Tribune Buyout
(DBN)

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Bankruptcy Reform:

US Sen Durbin: Mulling Mortgage Bankruptcy Options
(DBN)

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Bankruptcy Statistics:

Smaller businesses see rise in Q1 bankruptcies
(DBN)

Toledo area bankruptcy filings drop slightly in April
(DBN)

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Avoidance Actions:

HealthSouth puts religious groups in sights for Scrushy money
(DBN)

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Derivatives:

Willkie Obtains Win In Credit Default Swap Case
(DBN)

EU mulls cap on speculative derivative trades
(DBN)

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Oil/Gas:

BP shares hit seven-month low after oil spill
(DBN)

BP Says Crews Make Progress Stemming Oil Leaks
(DBN)

How Big is the Gulf Oil Spill, Really?
(DBN)

BP, Halliburton, Transocean and the Cost of Deepwater Horizon
(DBN)

Oil Spill Spreads in Gulf of Mexico, Janet Napolitano Says BP Liability Waivers Unacceptable
(DBN)

Federal Law May Limit BP Liability in Oil Spill
(DBN)

The Spill vs. the Need to Drill
(DBN)

Who's Going To Get Taken To The Cleaners Over The Gulf Oil Spill
(DBN)

$12.5 Billion Is Just The Start Of The Oil Cleanup Costs, And A Double-Dip Is Now Way More Likely
(DBN)

BP reels as spill advances, fallout widens
(DBN)

Taylor expects spill to break up "naturally"
(DBN)

Despite plan, not a single fire boom on hand on Gulf Coast at time of oil spill
(DBN)

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Labor:

3 Easy Steps to Rejecting Collective Bargaining Agreements
(DBN)

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Health Care:

Middlebrook sinks on bankruptcy
(DBN)

LifePoint to buy bankrupt Sumner Regional for $154 mln
(DBN)

U.S. has 71 million unused flu vaccine doses
(DBN)

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Retailing:

Game Crazy Closing Its Remaining Stores
(DBN)

General Growth Supports Revised Brookfield Proposal
(DBN)

Simon Bids $5.8 Billion for All of General Growth
(DBN)

Zale may get new Citibank credit card agreement
(DBN)

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Tax:

Jackson Hewitt surges on amended credit pact, cuts
(DBN)

'We Know Who You Are': PA Dept of Revenue Invokes All-Seeing Government to Scare Back Tax Owers
(DBN)

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Accounting:

FASB and Repo Accounting
(DBN)

PwC partner Colin Tenner sues over layoff
(DBN)

PricewaterhouseCoopers Removes Salary Freeze Ahead of Schedule
(DBN)

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Student Debt:

New Hope for Debtors Struggling With Student Loans
(DBN)

Repaying student loans leads college grads to extreme steps
(DBN)

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Pensions:

Federal agency charged with rescuing failing pensions -- failed its own audit
(DBN)

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Building Materials:

International Aluminum Corp. Receives Plan of Reorganization Confirmation
(DBN)

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Turnarounds:

Negotiate Payments to Stay in Business
(DBN)

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Radio:

New name for radio operator
(DBN)

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UK:

Buffett Wouldn't Want to Fix UK Deficit
(DBN)

Revealed: the secret first draft of the 'Contract with Britain'
(DBN)

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EU:

Spain Risks Falling Into Same Trap as Greece
(DBN)

Germany Clears Rescue for Greece
(DBN)

Cultural Differences Drive European Response to Greek Crisis
(DBN)

Shock and Awe, EU's $146 Billion Bet to Avoid Contagion; Market Says “So What?”
(DBN)

Fingers on the button at the ECB
(DBN)

The ECB Announces The Real Greek Bailout, And It's The Nuclear Option
(DBN)

No eurozone nation will incur a loss from Greek loans: experts
(DBN)

Europe's Web of Debt
(DBN)

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Canada:

Alberta Health Services jumps into private health centre bankruptcy
(DBN)

Alberta Health seeking bankruptcy protection for private hospital
(DBN)

Shaw offers to buy all Canwest TV business
(DBN)

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Greece:

Greece's Bailout: How Delays Drove the Cost Up
(DBN)

Acropolis stormed as austerity anger grows in Greece
(DBN)

Years of sacrifice ahead for Greece
(DBN)

Greece braces for 'violent modernization'
(DBN)

Greek unions to "intensify" struggle, extend strikes
(DBN)

Ulterior Motive behind the Greek bailout
(DBN)

Many more chapters left in the Greece drama
(DBN)

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Japan:

Former Swimsuit Model Goes To War With Japan's Fiscal Crisis
(DBN)

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Australia:

Australia Raises Mining Tax to 40% of Profit
(DBN)

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