May 7, 2010

The Daily Bankruptcy News

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Law:

As ‘Troubling Indicators’ Mount for 2010 Law Grads, an ABA Expert Issues a Warning
(DBN)

Belt-Tightening Saved BigLaw, and Lateral Hiring Could Boost Its Future
(DBN)

All Schooled Up, With No Place to Go
(DBN)

Fox Rothschild's Revenue Increases by 7 Percent
(DBN)

SJ Berwin merger bid shifts towards New York's Proskauer Rose
(DBN)

Ballard Spahr Names Strategic Planning Partner to Succeed Current Firm Chairman
(DBN)

MoFo Sets Start Dates and Gives Out Stipends to Some
(DBN)

Blank Rome may rescind some job offers
(DBN)

Distinguishing Among Stealth Layoffs
(DBN)

Excitement as Freshfields finally increases salaries
(DBN)

Eversheds forced to pay £123k for sexual discrimination
(DBN)

What’s Going on at MWE London?
(DBN)

EU Court: GCs Have No Attorney-Client Privilege
(DBN)

Erin Brockovich, Weitz & Luxenberg, Environmental Disaster, BP Oil Spill
(DBN)

Report: Ex-AG Who Quit After Sex Harass Scandal to Plead Guilty to Ethics Misdemeanors
(DBN)

Well-Known Lawyer Fights Suspension for Not Supervising Paralegal
(DBN)

Bankruptcy Partner Alan Feld Joins Sheppard Mullin
(DBN)

Chicago Seven: MegaMerger Prompts Litigators' Departure
(DBN)

Her Husband Could Be Elected Prime Minister of UK Today, So Why Is Her BigLaw Firm Dissing Him?
(DBN)

‘Bulletproof’ Lawyer Gets Law License Probation for Lewd Courtroom Gesture
(DBN)

ABA Offers Refunds to Those Boycotting Arizona Conference
(DBN)

Pls Hndle Thx: Hot for Teacher
(DBN)

Effectively Marketing a Solo or Small Law Firm Practice
(DBN)

Lawyer Dies at 101, Had Practiced Law Till He Was 97
(DBN)

University of Oklahoma 2L Knows How To Motivate
(DBN)

NALP Conference 2010: Hiring and Training Trends Get More Practical
(DBN)

An Article To Send To Your Family and Friends to Explain How Screwed You Are
(DBN)

Allegedly Fake Lawyer of the Day
(DBN)

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Judges:

Potential Nominee Sidney Thomas Sees Bankruptcy Cases as Microcosm
(DBN)

Supreme Court Contenders: Pros and Cons
(DBN)

Will Obama’s Pick Tick Off Conservatives?
(DBN)

Whose Originalism?
(DBN)

Hatch Rips Obama on Judges
(DBN)

Stevens Explains Death Penalty Stance, Bow Ties
(DBN)

Holder Disavows Insider Knowledge After Kagan Comment
(DBN)

Wyoming’s First Lady Confirmed as Federal Judge
(DBN)

2nd Circuit Assigns New Judge After 15-Year Delay in Resentencing
(DBN)

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Wall Street:

Markets on edge after Dow plunge
(DBN)

Dow Plunges Most Since 1987 Before Paring Losses; Euro Tumbles
(DBN)

Stock Decline: It's Not Just About Greece
(DBN)

Dow gets hammered...hard
(DBN)

Stock-Market Tumble Not Enough To Trigger NYSE Circuit Breaker
(DBN)

Nasdaq names stocks with cancelled trades
(DBN)

Why Wall Street panicked
(DBN)

VIX Surges Most Since February 2007 on European Debt Concern
(DBN)

Stock Market Crash? Or Program Trading Glitch?
(DBN)

Trading Error at Major Firm Blamed For Selloff
(DBN)

Stock Market Crash Was Not Citi's Fault, Says Citi; Goldman Remains 'Chill'
(DBN)

Lurching markets wait for the next Greece
(DBN)

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Layoffs:

New Jobless Claims Fall to 444,000
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Drink:

Marine Food Chain Seen at Risk After Oil Spill
(DBN)

Is Seafood Safe to Eat After Oil Spill?
(DBN)

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Finance:

Banks should make loans to sound borrowers
(DBN)

SBA offers businesses chance at quick pitch to lenders
(DBN)

Lender settles DOJ, Einhorn case for $26.3 mln
(DBN)

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Aviation:

US lawmaker expects serious airline merger review
(DBN)

Will United and Continental's Sky-High Marriage Fly?
(DBN)

Oberstar opposes United-Continental deal
(DBN)

Air Canada loss narrows, stock slides
(DBN)

Iceland volcano to emit large new cloud
(DBN)

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Banking:

Geithner Says US Shouldn't Separate Banks From Risk
(DBN)

Hollywood Banking Takedown: Is JP Morgan Next?
(DBN)

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Ratings Agencies:

Ex-Treasury Chief Paulson Criticizes Ratings System
(DBN)

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Newspapers:

Suit Filed Against Executive, Former Directors of Orange County Register Parent
(DBN)

Freedom Communications' former board sued for $180 million
(DBN)

What The Dan's Papers Bankruptcy Means for You, Dan, & Us
(DBN)

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Risk:

Corporate credit risk rises most in 17 months on Europe crisis
(DBN)

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Economy:

Treasury prices skyrocket as stocks plunge
(DBN)

Foreign central bank US debt holdings grow
(DBN)

Fed Seen as Unlikely to Raise Interest Rates in 2010
(DBN)

Sober reminder of fragile recovery
(DBN)

Fear index hits 6-month highs
(DBN)

Bernanke sees more conservative securitization mkt
(DBN)

Hank Paulson Defends TARP, Disses Bear Stearns
(DBN)

Paulson: US Was Not Prepared for Crisis
(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:

House Prices Up 5.1 Percent in April Amid Slower REO Growth
(DBN)

Fannie Mae Partners with Florida Credit Counselors to Spread the Modification Word
(DBN)

Mortgage Rates Hit Six-Week Low at 5 Percent
(DBN)

Failed condo project lands Fox TV executive in bankruptcy court
(DBN)

New Homebuyer Credits Aim to Replace Expired Federal Program
(DBN)

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Corporate Reform:

Fed Says Bank Supervisors Failed to Meet Some Goals
(DBN)

Geithner: Regulatory Framework Failed to Evolve with Financial System
(DBN)

Geithner, Paulson back sweeping financial reforms
(DBN)

Hank Paulson's Wall Street Reform Proposals Stronger Than Pending Senate Bill
(DBN)

As Senate debates financial reform, Wall Street plunges
(DBN)

Bernanke: Fed's not waiting for Congress on reform
(DBN)

Regulator backs plan to boost auto recall power
(DBN)

Paulson Rejects Claim That Bear Was Solvent
(DBN)

Ex-Treasury Chief Paulson Says 'Wolf Pack' Menaced Bear Stearns
(DBN)

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Oil/Gas:

Crude Oil Tumbles to 11-Week Low as Euro Drops Against Dollar
(DBN)

Oil Is Set for Biggest Weekly Drop in 16 Months on Greece Debt
(DBN)

BP turns to Twitter, Facebook on spill information
(DBN)

Miss. Bar worried about unethical lawyers
(DBN)

Legal Ethics Forum: The Gulf Oil Spill and the Lawyers
(DBN)

Former Oil Rig Worker Says Cheating on Blowout Preventer Tests Widespread
(DBN)

Obama Administration Offers Loans to Businesses Hurt by Spill
(DBN)

Oil from Gulf spill creeps ashore in Louisiana
(DBN)

BP: Gulf spill will 'forever' change drilling
(DBN)

BP, Halliburton, Transocean Told to Keep Rig Evidence
(DBN)

Gulf Coast attorneys general call on BP, Transocean and other Deepwater firms to guarantee long-term impact of oil spill
(DBN)

The Gulf Spill: Now What?
(DBN)

Gulf oil spill: Did Big Oil run roughshod over regulators?
(DBN)

In Gulf of Mexico, Chemicals Under Scrutiny
(DBN)

Obama backs 'significantly' higher spill damage cap
(DBN)

Pelosi backs $10B liability cap for oil
(DBN)

Florida tourism officials seek to stem tide of cancellations
(DBN)

SemGroup applies to sell shares
(DBN)

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Mail:

US Postal Service nets $1.9 bln loss at mid-year
(DBN)

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Gambling:

Charges, continuing pain in Vegas drag MGM Mirage to loss
(DBN)

Boyd Gaming Would Pay More, Get Less in Auction
(DBN)

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Retailing:

The Long, Slow Slog to Retail Recovery
(DBN)

Costco, Retailers Miss Estimates, Stocks Dip
(DBN)

April Retail Sales Not So Hot
(DBN)

General Growth wants Simon to raise bid
(DBN)

Simon Property makes 'final' General Growth offer
(DBN)

General Growth expected to back Brookfield offer
(DBN)

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Religion:

Diocese files 2nd annual bankruptcy report
(DBN)

Poll says abuse scandal now impacts US Catholics less than 2002 crisis
(DBN)

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Fraud:

Goldman Sachs in settlement talks with SEC
(DBN)

Goldman Sachs to pay up to $5 billion to settle?
(DBN)

Fabulous Fab Now a Hero to Wall Street
(DBN)

Fraud suit targets former Calpers CEO, board member
(DBN)

CalPERS may see more lawsuits
(DBN)

Rajat Gupta and Rajaratnam have 'old' business links
(DBN)

Pa. Lawyer Gets 6 1/2 Years for Fraud
(DBN)

Rothstein fundraiser admits conflicts
(DBN)

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Student Debt:

Student Loans for Homeless People?
(DBN)

Lawsuit slams Donald Trump's online business school as a ripoff
(DBN)

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Hockey:

Reinsdorf deal for Coyotes on verge of collapse
(DBN)

Phoenix Coyotes sale collapses
(DBN)

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Defaults:

Corporate Default Rate Forecast by S&P to Decline to 3.5%
(DBN)

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Utilities:

Blumenthal probes Bernie's Oil collapse
(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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Derivatives:

Bank Risk Soars to Record, Default Swaps Overtake Lehman Crisis
(DBN)

End User Exemptions
(DBN)

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Video Rentals:

Blockbuster Bondholders Betting Company Will Go Out of Business
(DBN)

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Trade Claims:

When Are Goods Received For The Purpose Of Asserting Administrative Priority Status Under Section 503(b)(9) Of The Bankruptcy Code?
(DBN)

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Personal Finance:

Backstopping mom and dad
(DBN)

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Debt Collection:

AG Cuomo Sues Lawyer for Fraud, Says He Sold His Name to Debt Collector for $141K
(DBN)

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Municipalities:

LA city officials dispute former mayor Riordan's bankruptcy prediction
(DBN)

Out of the sewer
(DBN)

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Consumer Finance:

Amendment to Repeal Marquette
(DBN)

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Bankruptcy Crimes:

Attorney convicted for bankruptcy fraud
(DBN)

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Corporate Governance:

Recent Delaware Corporate Law Developments.
(DBN)

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Health Care:

City, Owner Clash Over Fate Of DC Hospital
(DBN)

TLCVision's Plan of Reorganization Successfully Confirmed by Bankruptcy Court
(DBN)

Americans bombarded with cancer sources
(DBN)

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Accounting:

Class Sues Ernst & Young Over Contract
(DBN)

PCAOB Inspection of Deloitte Audit – 20% Error Rate??
(DBN)

Deloitte Is Totally Cool with You Jumping Ship
(DBN)

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Horse Racing:

Stronach prepares to cede control of Magna
(DBN)

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Convenience Stores:

Lender objects to bankruptcy sale of filling stations
(DBN)

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Labor:

Former Pillowtex workers to share $475,000
(DBN)

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UK:

Moody's warns of Greek debt crisis sparking new credit crunch in UK
(DBN)

Deloitte predicts personal insolvencies to remain at 35,000
(DBN)

Personal insolvencies highest since records began
(DBN)

More than 70 people an hour declared insolvent
(DBN)

First hung parliament in UK for decades
(DBN)

The Road Ahead Is Uncertain and Likely Difficult
(DBN)

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EU:

Euro Tumbles Most Since Credit Crisis as Greece Concern Rises
(DBN)

The ECB's Bond-Buying Conundrum
(DBN)

Greek crisis exposes cracks in Europe's foundation
(DBN)

German parliament seen approving Greek bailout
(DBN)

Euro-zone nations to finalize Greek rescue plan
(DBN)

ECB Says Greece Won't Default; Markets Aren't So Sure
(DBN)

Euro Decision Shows Limits of Central Bank
(DBN)

Market selloff sends blunt message to Trichet
(DBN)

Trichet Resists Call to Step Up Greek Crisis Fight
(DBN)

Moody's warning pulls euro down
(DBN)

Spain Sees Borrowing Costs Rise
(DBN)

ECB chief backs more ratings agency competition
(DBN)

A levee that is about to give way
(DBN)

Contagion comes to European banks
(DBN)

Merkel blasts 'treacherous' banks in Greek crisis
(DBN)

Shorting the Euro Crisis, Shorting the Banks
(DBN)

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Greece:

Greece's debt crisis could spread across Europe
(DBN)

When Will Greece Restructure?
(DBN)

US, Australian, Japanese Bonds Rise as Greek 'Chaos' Spreads
(DBN)

ECB gives Greece verbal support, dashes rescue hopes
(DBN)

IMF says no plans to increase Greece aid
(DBN)

Debt crisis: High drama
(DBN)

What Went Wrong With The Greek Economy
(DBN)

Greece to back austerity plan
(DBN)

New clashes in Greek after austerity bill passed
(DBN)

Can the Crisis in Greece Be Contained?
(DBN)

Who's manipulating the Greek crisis?
(DBN)

Greece Riots as Seen on Twitter, YouTube
(DBN)

Jean-Paul Fitoussi: Greek Austerity Measures Are Unfair
(DBN)

Did Greece or a Glitch Cause the Stock Market Plunge?
(DBN)

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