November 12, 2010

The Daily Bankruptcy News

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Law:

Nelson v. Jones Day: Another Side to the Story
(DBN)

On Cravath’s Splashy New Pro-Bono Matter
(DBN)

Cravath Looks Good, Does Well in Harrisburg Case
(DBN)

Mayer Brown: Hours Requirements for Salary Increase
(DBN)

Associate Benefits Watch: Proskauer to iPads
(DBN)

Shoe Bottoms and Hyperbole Can Be Cultural Faux Pas, Law Consultant Says
(DBN)

Spurning Biglaw: Graduates Choose Starting a Small Firm Over Getting a Big Paycheck
(DBN)

Laid Off Legal Staff: Underestimate marketability because of pecking-order issues
(DBN)

Bank of America, Merrill, JPMorgan, UBS, WestLB in Court News
(DBN)

‘Stupidest Lawsuit Ever’: Freddie Mac Sues Feds, Taxpayers Pay Either Way and Law Firm Profits
(DBN)

Former Petters Lawyer Charged With Drug Possession
(DBN)

Pittsburgh-based Thorp Reed Restructures Management
(DBN)

Revenue soars across London - except at . . .
(DBN)

No Criminal Charges for PD Over Claimed In-Court Challenge to Deputy DA to Duke It Out
(DBN)

Ex-Glaxo Lawyer’s Defense in Criminal Case Raises Tricky Privilege Issues for Company, Experts Say
(DBN)

Productivity For Lawyers And The Fine Art Of Delegation
(DBN)

Hot Models Get Busy in Brooklyn Law Library
(DBN)

Departure Emails: The No. 1 Reason Why You Should Choose Advertising Over Law
(DBN)

Reporter Overhears Lawyer’s Conversation After Failed Hang-Up
(DBN)

Lawyers As Performance Artists: Therefore they make great panhandlers
(DBN)

Obama Drops Legal Reform From India Agenda
(DBN)

College of Law goes after non-student for non-payment of fees
(DBN)

Chairman of UK Bar Council says that graduates are ------
(DBN)

Firm cancels Christmas
(DBN)

Save on your Christmas shopping, help a jobless lawyer
(DBN)

Lawyer Behind the YouTube Hit
(DBN)

Lawyer Asserts His Cop Taunts Are Protected by the First Amendment
(DBN)

Kumari Fulbright’s Star Turn — On the Witness Stand
(DBN)

Unusual Crime Connection Gets Potential Juror Excused
(DBN)

The End of the Joyride: Charges Lodged Against ‘Barefoot Bandit’
(DBN)

Sole Surviving Defense Lawyer Recalls Jim Morrison’s 40-Year-Old Indecent Exposure Case
(DBN)

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Judges:

Blogger Loudly Questions Alito’s Dinner Attendance, Tapes Irate Security Guard
(DBN)

"Pretty sure I nailed it"
(DBN)

Judge Salcido to resign after public censure
(DBN)

Curtains Fall on San Diego Judge’s Bid for Television Career
(DBN)

Judge Thomas Porteous' attorneys want one last argument before Senate impeachment vote
(DBN)

The Porteous Impeachment: Post-Trial Brief
(DBN)

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Wall Street:

Stock futures drop on China inflation worries
(DBN)

Markets Fall on Fears of Tighter Credit in China
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Insurance:

Ambac Policyholder Group Protests Wisconsin Rehab Efforts
(DBN)

Ambac says shares now trading over the counter
(DBN)

Review D&O Liability Insurance Before Bankruptcy To Ensure Its Adequacy (scroll down)
(DBN)

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Marine:

Trico Sues Its Bankruptcy Lender, Seeks to Sell Ships
(DBN)

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Food/Drink:

Mrs. Winner's Files Chapter 11 Bankruptcy
(DBN)

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Politics:

Gorman files for bankruptcy
(DBN)

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Municipalities:

California to Launch $14B in Debt Sales
(DBN)

Cities, Counties Spend Millions on DC Lobbyists
(DBN)

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Non-Profits:

ACORN Bankruptcy Just a Shell Game
(DBN)

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Credit Cards:

Credit-Card King's Castle Slated For Sale
(DBN)

Payment Possibilities
(DBN)

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Utilities:

More Boston Generating Creditors Balk At Constellation Sale
(DBN)

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Movie Review:

‘Inside Job’ informs rage about Wall Street greed, inept leaders
(DBN)

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Hollywood:

MGM Executive Set to Make Millions Despite Bankruptcy
(DBN)

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Lehman:

Lehman seeks to unwind elevations of European loan participants
(DBN)

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Tax:

Beware Personal Liability For Employee Taxes
(DBN)

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Economy:

G20 pledge to avoid currency war gets lukewarm reception
(DBN)

Stiglitz to Obama: You're Mistaken on Quantitative Easing
(DBN)

Fed Efforts to Revive Economy Find Critics
(DBN)

China lashes Fed pumping as risk to global recovery
(DBN)

The Fed's Last Bubble
(DBN)

Debt Plan Ideas Draw Scorn of Liberals and Tea Party
(DBN)

Top Earners May Face Big Hit
(DBN)

US hits at Greenspan comments on dollar
(DBN)

Baby Boomers: The Greediest Generation
(DBN)

The Nouveau Poor: Recession Shadows America's Middle Class
(DBN)

Pessimism pervades as G20 leaders show sharp split
(DBN)

Roubini: Most Advanced Economies Are Destined for Anemic Growth
(DBN)

Recession forced homeowners to stay put, economist says
(DBN)

Corporate America Sitting on $1 Trillion
(DBN)

7 of 10 richest counties surround D.C.
(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:

Home Prices Fall in Half of US Cities, Realtors Say
(DBN)

80 Percent Of Las Vegas Homeowners Are Now Underwater
(DBN)

Mortgage Rate for 30-Year U.S. Loans Falls to Record
(DBN)

Is It Time to Roll Back the Mortgage-Interest Deduction?
(DBN)

California Realtors say cutting mortgage interest tax deduction will devastate nation
(DBN)

Foreclosure class-action lawsuits picking up nationwide
(DBN)

Repossessions fall 9% thanks to foreclosure freeze
(DBN)

October Decline in Foreclosure Rate Likely Temporary
(DBN)

La. foreclosure activity drops in October
(DBN)

Phila.-area foreclosure filings down in Oct.
(DBN)

SC foreclosure rate down by almost 25%
(DBN)

Cincinnati area foreclosure filings jump 50%
(DBN)

Catch-22: Modifications as solution to foreclosure mess
(DBN)

IStar Said to Seek Credit Line to Avert Bankruptcy Next Year
(DBN)

Luxury home-builder guilty of loan and bankruptcy fraud
(DBN)

Rock US Wins Approval for Manhattan Building Sale
(DBN)

"Blended Partnership" Proposed to Save Statler
(DBN)

CRE Investors Raise More Than $8.3 Billion in October
(DBN)

Moody's downgrade of CMBS continues
(DBN)

Has the CMBS Market Finally Turned the Recessionary Corner?
(DBN)

More liquidations in CMBS in July than ever before
(DBN)

Real Estate Lawyer Pleads Guilty in Fraud Case Over Paid-Up Home Loans
(DBN)

Foreclosure-Rescue Lawyer Disbarred & Charged for Allegedly Faking $1M Court Settlement
(DBN)

D.R. Horton Posts Narrower Loss
(DBN)

_____________

Retailing:

Wal-Mart ups the holiday ante
(DBN)

Davis-Kidd's demise in bankruptcy case saddens store's longtime fans
(DBN)

______________

Discharge:

Court holds that consumer’s discharged bankruptcy did not terminate his agreement to arbitrate FCRA claims with creditor
(DBN)

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Autos:

Chrysler chairman: 'Everything' has changed since bankruptcy
(DBN)

GM sells shadow of self
(DBN)

GM IPO Hits at a Great Time
(DBN)

China to buy stake in GM?
(DBN)

Nader, allies seek suspension of GM IPO
(DBN)

General Motors' revival: Living in lean times
(DBN)

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Newspapers:

Sun-Times Media closing 11 weekly Sun suburban newspapers
(DBN)

______________

Cruise Ships:

Italy seizes German cruise ship after crew members complain of back wages
(DBN)

______________

Fraud:

Bernie Madoff's Velvet Slippers Auctioned While Victims Put on Chopping Block
(DBN)

Bernard Madoff's pants to be auctioned
(DBN)

Want To Feel Like A Tycoon? Buy Bernie Madoff's Slippers
(DBN)

Madoff's mega garage sale
(DBN)

Pictures of Bernie Madoff's bizarre, fancy estate
(DBN)

Deadline Set for Claims from Cook Ponzi Scheme Victims
(DBN)

Man claiming to be sheik's heir suckered investors: Prosecutor
(DBN)

SEC suit targets hockey star Fedorov's ex-adviser
(DBN)

Cedar Funding liquidation plan proposed
(DBN)

You Can Buy The Giant Mansion Of Imprisoned Former Tyco CEO Dennis Kozlowski
(DBN)

White Collar Chronicles: It’s Not Easy Pinpointing the Loss
(DBN)

______________

Accounting:

PwC launches investigation into female staff "ranking" emails
(DBN)

______________

Hotels:

Lightstone Sued Over $100 Million Extended Stay Deal
(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)

______________

Bankruptcy Reform:

H.R. 4677 attempts to increase protections for employees and retirees when their company files for bankruptcy
(DBN)

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Miscellaneous:

Ambac, Workflow, Taylor Bean, Rock US, Agri-Best, PFF Bancorp: Bankruptcy
(DBN)

_____________

Seminars:

The Constitution in the Financial Crisis
(DBN)

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Corporate Reform:

White House Consumer Czar: We Need More Women on Wall Street
(DBN)

Wall Street Finds Volcker Loophole
(DBN)

Panel probes stimulus waste -- at Ritz Carlton
(DBN)

______________

Health Care:

Kentwood Pharmacy files bankruptcy
(DBN)

Department Of Labor Files Lawsuit Against St. Vincent's Hospital
(DBN)

The Deficit Commission's Health Care "Plan"
(DBN)

Number of Uninsured Americans Hit New High
(DBN)

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Banking:

When bankers make windfall profits from the FDIC
(DBN)

FDIC auction to sell former banks, land, commercial properties in 10 states
(DBN)

G-20 Endorses New Reserve Rules for Banks
(DBN)

Private Banks Keep Hiring as Rich Get Richer
(DBN)

______________

Fashion:

Ferre fashion house sale to investor group cleared
(DBN)

______________

Personal Finance:

3 Simple Questions Show Why Most People Are Irrational Debt-Gobbling Fools
(DBN)

______________

Aviation:

Japan Airlines Said to Hire Daiwa to Advise on Sale of $608 Million Stake
(DBN)

______________

Agriculture:

Minnesota cattle barn king arrested for grand theft of livestock
(DBN)

______________

UK:

England: Biggest Drop in Wealth in 60 Years
(DBN)

UK Jobless: Refuse Work, No Benefits
(DBN)

Ocean rower and property-developer, Simon Chalk handed five year bankruptcy restriction following Insolvency Service investigation
(DBN)

Rok Cuts 700 Staff Following Bankruptcy Announcement
(DBN)

Buyers sought for Rok as it loses staff rapidly
(DBN)

PM Prepares for Rail Bankruptcy :)
(DBN)

IVA Advisory Centre comments on insolvency figures
(DBN)

Small business insolvency rise leads to investor opportunities
(DBN)

Grant Thornton Welcomes Reduction in UK Property Business Failures, Challenges Remain
(DBN)

Appeal of UK case on effect of events of default on netting and payment obligations dismissed
(DBN)

JJB Sports shares plunge as sales disappoint
(DBN)

______________

EU:

German Might Trumps Irish Jitters
(DBN)

European Leaders Try to Stem Bond Rout as G-20 Leaders Discuss Irish Debt
(DBN)

EU Forges Emergency Plan for Ireland Bankruptcy?
(DBN)

Third-quarter GDP grows 0.4% after 1% expansion in previous quarter
(DBN)

EU to Guarantee Everyone's Debt
(DBN)

Price of EU Plan to Punish Bondholders
(DBN)

______________

Canada:

Mariner Seafoods faces bankruptcy
(DBN)

______________

Greece:

Greece Plans New Austerity Measures
(DBN)

Greek Banks' ECB Borrowing Declines for Third Straight Month in October
(DBN)

New Greek vulture funds circle rare bargains
(DBN)

______________

Germany:

German Engine Still Purring Smoothly
(DBN)

______________

Ireland:

Ireland Default Predicted in Global Investor Poll
(DBN)

Irish debt fears keep markets on edge as G-20 meet
(DBN)

E.U. Seeks to Reassure Holders of Irish Bonds
(DBN)

Drumm moves to new Boston address
(DBN)

______________

Brazil:

Brazil's Lula Says World Headed For ' Bankruptcy ' Unless Rich Nations Act
(DBN)

______________

Austria:

Former head of Austrian Hypo bank released on bail
(DBN)

______________

Slovenia:

Troubled buy-out puts hardware star on the rack
(DBN)

______________

Serbia:

Serbian Gov't adopts amendments to set of financial laws
(DBN)

______________

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