November 1, 2010

The Daily Bankruptcy News

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Law:

Madoff Trustee Spends $27 million to Recover $849000
(DBN)

Troutman Sanders Adds Lawyers in Bankruptcy Group
(DBN)

Debt Collectors Face a Hazard: Writer’s Cramp
(DBN)

Phila. firms in running to represent Harrisburg in bankruptcy
(DBN)

JDs Who Never Pass the Bar Earn Less, Less Likely to Marry, More Likely to Divorce
(DBN)

Weil Honored with Pro Bono Cornerstone Award
(DBN)

Counsel Beware: 327(e) Special Purpose Representation Not Applicable Where Counsel Did Not Previously Represent the Debtor
(DBN)

Chevron in Ecuador -- the Tapes the Plaintiffs Don't Want You to See
(DBN)

Pro Bono Institute To Honor DLA Piper
(DBN)

A Solo’s Practice Expands from a Spare Bedroom to the Supreme Court
(DBN)

Fewer and Fewer Openings for Young Lawyers at Top UK Firms
(DBN)

Trick or Tort
(DBN)

It’s About Time: Disciplinary Action Sought Against Andrew Shirvell
(DBN)

New Ethics Case re Lawyer’s Testimony About $8.4M Detroit Pact & Ex-Mayor’s Racy Texts
(DBN)

Tucker Max Gets Sued By Duke Law
(DBN)

News For Recent Law Grads: Uh, Yes, it Pays to Pass the Bar
(DBN)

Ohio State 2L Been Caught Stealing
(DBN)

Sharia Islamic Law May Be Banned in Oklahoma
(DBN)

Older White-Collar Defendants Likely to Cite Change to Sentencing Guidelines
(DBN)

Fired and Need Legal Advice? There’s an App for That
(DBN)

Madoff, Halliburton, Wells Fargo, Merck, Commscope, Oracle in Court News
(DBN)

Enterprise Adoption of iPad: What about Lawyers
(DBN)

Haunted-house operators scared by lawsuits
(DBN)

McDonald's Ordered to Pay Fat Manager
(DBN)

In For A Dollar
(DBN)

Juror Dismissed for Candor?
(DBN)

4-Year-Old Girl Can Be Sued for Bicycle Injury, Judge Rules
(DBN)

About that four-year-old sued for negligence…
(DBN)

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Judges:

Rejection of Schumer's Choice Complicates Filling Bench Vacancy
(DBN)

Judge Deposed in Suit Against Cox Smith, Former Shareholder
(DBN)

NY Lawyer's Bid to Be First Openly Gay Federal Judge Derailed
(DBN)

NY Judge Censured for Intervening in Alleged Crime Committed in Building He Owned
(DBN)

Judge Busted for Second DUI Won't Hear Drunk Driving Cases
(DBN)

Take Down Election-Eve Legal Ethics Censure and Replace It with My Order, Fed'l Judge Tells Agency
(DBN)

Impeachment calls part of life for a Supreme Court justice, but few get very far
(DBN)

Does Nasty, Belittling Judge Get His Due?
(DBN)

Half-Baked Settlement Lands Judge In Hot Water
(DBN)

Judge May Not Advocate For Grandson Of Friend
(DBN)

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Wall Street:

Stocks to Open Higher; Fed, Elections in Focus
(DBN)

Awaiting Fed’s Plans, Markets Are in Limbo
(DBN)

Stocks Face Dark Side of Gridlock in Capital
(DBN)

US markets await action as Fed runs out of tools
(DBN)

Goldman Sachs Losing Edge in Fixed-Income Trading as Risk Falls
(DBN)

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Layoffs:

Jobs Reports: How Employees Are Like Underwater Stock Options
(DBN)

How Immigrants Create More Jobs
(DBN)

Why the Economy's Growth Isn't Easing Unemployment
(DBN)

Job relocation reaches record lows amid housing crisis
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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DIP Finance:

Walking the Tightrope: Disclosing Too Little or Too Much about Exit Fees?
(DBN)

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Cross-Border:

Truvo – A Developing Trend in Turbo-Powered Injunctions with Cross-Border Impact?
(DBN)

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Retailing:

Loehmann's to Default on Debt, May File Bankruptcy
(DBN)

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Autos:

Big moves ahead for GM
(DBN)

Chrysler Seeks Loans Before IPO
(DBN)

Rattner’s Overhaul
(DBN)

US car maker Pontiac shuts down
(DBN)

For GM IPO, The Government Is Back - Seat Driver
(DBN)

Toyota Accused of Secretly Buying Back Cars with Reported Sudden Acceleration
(DBN)

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Food/Drink:

Frazier Winery For Sale
(DBN)

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Resorts:

Future of Daufuskie resort still uncertain
(DBN)

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Economy:

Fed expected to pump up to $1tn into US economy
(DBN)

Capt Bernanke on course for icebergs
(DBN)

U.S. Economy Grew at 2% Rate in Third Quarter
(DBN)

One Date & Four Numbers on the Economy
(DBN)

Recipes for U.S. Prosperity from Four CEOs
(DBN)

Treasury averaged 9.6% return on TARP paybacks
(DBN)

Talkin' TARP: Many millions still to be spent
(DBN)

People of the Great Recession: What It’s Really Like to Be a 99er, or a Strategic Defaulter - It's Your Money
(DBN)

Economists: Growth Remains ‘Too Weak’
(DBN)

Those Expiring Bush Tax Cuts
(DBN)

Would Trimming The U.S. Corporate Tax Rate Matter?
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

Foreclosure Probe: 50 States, High Stakes
(DBN)

DOJ Steps in to Monitor Foreclosure Law Firms, Processors
(DBN)

Attorneys general seek 'cram downs'?
(DBN)

Wells Fargo's foreclosures are jeered, cheered
(DBN)

Ohio Attorney General Asks for Affidavits by Wells Fargo `Robo-Signer'
(DBN)

Ohio AG: No Foreclosure 'Do-Overs' For Banks
(DBN)

Lenders skirt foreclosure rules
(DBN)

More on Foreclosures and Discovery
(DBN)

Confessions of a robo-signer
(DBN)

Barclays Capital sees limited impact to CMBS from MERS litigation
(DBN)

107 Months to Clear Banks’ Housing Backlog
(DBN)

Moody's to review IndyMac's servicer rating on foreclosure questions
(DBN)

Experts: The Solution on Foreclosure Mess
(DBN)

Buying a Foreclosure Home Is Not for the Timid
(DBN)

The Wider Economic Impact of Banks' Roles in Foreclosures
(DBN)

Fed's Proposed Home Appraisals May Not Work
(DBN)

Developer's bankruptcy just the latest chapter in Banning Lewis' tangled history
(DBN)

Jerry Trooien, prominent St. Paul developer, files for bankruptcy
(DBN)

Robert Fowler files $127 million personal bankruptcy
(DBN)

Foreclosure Mess Reveals Longstanding Problems
(DBN)

Vegas home sales down 15% in September
(DBN)

Fannie Mae retires HAMP option for mortgage payment reductions
(DBN)

The Government’s Incredible Shrinking Mortgage Mod Program
(DBN)

The Trouble with Condos
(DBN)

America’s Cheapest Spooky Town
(DBN)

Mismanagement rampant in public housing
(DBN)

CMBS borrowers capitalize on current market conditions
(DBN)

Lease Up: America's Best-Performing Cities
(DBN)

Construction market to rise 8% in 2011: McGraw-Hill
(DBN)

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Fraud:

7th Circuit Reverses 2 Conrad Black Convictions
(DBN)

Black may go back to slammer
(DBN)

N.J. Fund Manager Sentenced to 40 Years in Prison
(DBN)

Is Sandy Alderson The Mets' Response To Bernard Madoff ?
(DBN)

Madoff Trustee Spends $26 Million, Finds $849000
(DBN)

Another Madoff Auction, Just In Time For Christmas
(DBN)

Among Bernie Madoff's Items Up For Sale: 10.5-carat Engagement Ring
(DBN)

Pre-prison high life
(DBN)

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Oil/Gas:

Cementing, Mainstay of Oil Drilling, Is Prone to Failure
(DBN)

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Hollywood:

MGM Creditors Approve Reorganization Plan
(DBN)

MGM creditors OK Spyglass- bankruptcy deal
(DBN)

Why This is Carl Icahn’s Most Important Halloween
(DBN)

MGM votes Icahn loser
(DBN)

Did Carl Icahn Double-Cross Lions Gate?
(DBN)

Icahn urged altered plan
(DBN)

Creditors see a role for Icahn at MGM
(DBN)

______________

Bankruptcy Crimes:

Honolulu man indicted in bankruptcy fraud
(DBN)

______________

Telecoms:

Hawaiian Telcom emerges from Chapter 11 bankruptcy
(DBN)

FairPoint creditors aim to probe Verizon deal advisers, banks
(DBN)

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Aviation:

Laid off employees protest JAL
(DBN)

______________

Celebs:

Randy Quaid Says Lawyers Are Trying to Kill His Career and Possibly Murder Him
(DBN)

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Education:

For-Profit Schools, Tested Again
(DBN)

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Insurance:

Ambac Seeks Prepackaged Bankruptcy
(DBN)

Ambac Financial in Talks With Lenders About Prepackaged Bankruptcy Filing
(DBN)

Ambac Board of Directors Decides Not to Make Regularly Scheduled Interest Payment
(DBN)

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Tubing:

Wolverine Tube, Copper-Tube Maker, Seeks Bankruptcy Protection in Delaware
(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 Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

Downey, TriDimension, Point Blank, Loehmann's, Threat to Sue: Bankruptcy
(DBN)

All Wrapped Up in Debt
(DBN)

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Litigation:

Tribune investors sue banks that arranged financing
(DBN)

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Bankruptcy Statistics:

Debts drive record numbers in suburbs to file bankruptcy
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Newspapers:

Tribune creditors file three reorganization plans
(DBN)

Tribune Lenders Sue JPMorgan Claiming Buyout Was Fraud
(DBN)

Tribune's bankruptcy plan likely to face legal challenges
(DBN)

Washington Times Nears Sale, Wins Dismissal of Forced Bankruptcy in Court
(DBN)

Sun-Times Media cuts and consolidates, remains plucky
(DBN)

______________

Claims:

Administrative Claims Catch: After Consummation of the Plan, Fifth Circuit Allows $29.7 Million Administrative Expense
(DBN)

______________

Baseball:

Bankruptcy Rescue of Rangers Set for $100 Million Payoff
(DBN)

______________

Corporate Reform:

Elizabeth Warren envisions launch of tough '21st-century' watchdog agency
(DBN)

Why Elizabeth Warren Could Be Obama’s Best Hope to Get the Masses Back on His Side
(DBN)

Fairness catches on as US consumer regulator goes for the simple approach
(DBN)

______________

Theme Parks:

Sad Saga Of Wild West World Draws To An End
(DBN)

______________

Lehman:

Lehman Gives Up on Asian Artwork
(DBN)

______________

Small Business:

5 Year-End Survival Tips for Entrepreneurs
(DBN)

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Corporate Governance:

Airgas Takeover War Exposes SEC Defect
(DBN)

SEC Proposes New Rules for Shareholder Advisory Votes on Executive Compensation
(DBN)

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Religion:

Alleged abuse victim arrested in priest beating
(DBN)

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Museums:

Agreement Could Spur Children’s Museum Revival
(DBN)

______________

Accounting:

One Big Happy Family
(DBN)

iPad’s Versatility Make It an Essential Tool for Some Accountants
(DBN)

______________

AIG:

AIG Directors Were Vindicated
(DBN)

______________

Politics:

Anger at Wall Street Fuels Campaigns
(DBN)

Why Big Time CEOs Make Terrible Politicians
(DBN)

Vote Hints at Historic Political Volatility
(DBN)

______________

Trucking:

Truck Trailer Orders Nearly Triple in September
(DBN)

______________

Turnarounds:

A Grocer Fights to Keep Its Place in the Food Chain
(DBN)

______________

UK:

Revamp of UK accounting system unveiled
(DBN)

Winding Up Petitions - 29th October 2010
(DBN)

UK manufacturing shows surprise growth
(DBN)

Tax deferral agreements fall
(DBN)

Insolvency Service should replace courts
(DBN)

The 2010 Financial Director salary survey
(DBN)

Remuneration special: Age of audacity
(DBN)

R3's Statement on Time to Pay figures
(DBN)

The return of sub-prime: mortgage firms target 'overlooked' market
(DBN)

Gordon Ramsay gets a roasting from the dad-in-law he sacked
(DBN)

______________

Australia:

Krispy Kreme Australia in bankruptcy
(DBN)

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Panama:

Criminal investigation into failed insurance company ongoing
(DBN)

______________

Japan:

Takefuji gets bankruptcy protection
(DBN)

______________

Ireland:

David Drumm lists assets and debts in bankruptcy bid
(DBN)

______________

Greece:

Greece Needs Orderly Bankruptcy
(DBN)

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