November 17, 2010

The Daily Bankruptcy News

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Law:

Boies Schiller Lost Its Case, Now Three Associates Lose Their Jobs
(DBN)

Layoff Watch: Boies Schiller (But query whether these were really ‘layoffs.’)
(DBN)

DLA Piper Cuts Staffers, But Won’t Disclose the Numbers
(DBN)

Wilmer's New (Mostly Female) Partners
(DBN)

Women--Ripe for Exploitation?
(DBN)

Eversheds posts H1 results with revenue down 3% over six months
(DBN)

Labaton Sucharow - The $403 An Hour Temps
(DBN)

Beatles for Sale: Eversheds Advises as Band, iTunes Finally Come Together
(DBN)

BigLaw Using More Non-Associate Lawyers
(DBN)

Fault Lines
(DBN)

The Perfect Lawyer Gift?
(DBN)

What Keeps In-House Counsel Up at Night? Doing More With Less
(DBN)

Even If You Told Prospective Law Students the Truth, Would They Care?
(DBN)

Fla. Jury Awards $72M in Punitives to Daughter in Smoking-Death Case; R.J. Reynolds to Appeal
(DBN)

Second Circuit Denies Ecuadorian Plaintiffs' Attempt to Stay Plaintiff's Attorney Deposition in Chevron Case
(DBN)

Law Firm Accused of Abetting Looting
(DBN)

Attorney Who Won Pro Se Case Against IRS Denied Fees Award
(DBN)

Should Lawyers List Contacts on LinkedIn?
(DBN)

US lawyers are loving their Macs
(DBN)

An Embarrassment of Riches
(DBN)

Miller Canfield Lawyer Acquitted of Charges He Acted as Biker Gang GC
(DBN)

Lawsuit of the Day: Parents Sued By Man Who Killed Their Son
(DBN)

Malodorous Perp Gets 90 Days In Jail
(DBN)

Man finds human head in bucket -- thought it was fish
(DBN)

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Judges:

NY Attorney's Civil Rights Suit Against Judge, Others Revived
(DBN)

Breyer Says Justices Must Adapt To Facebook World
(DBN)

Ex-justice Stevens would like even more diversity on high court
(DBN)

Supreme Court Recusal Process a Mystery
(DBN)

Retired Justice Would Like More Midwesterners and Westerners on the Court
(DBN)

Kagan Has No Problem Asking Questions During Oral Arguments
(DBN)

Court Website Briefly Shut Down in Apparent Domain Name Snafu
(DBN)

Judge in Mel Gibson Case Looking Into Leak of Court Documents
(DBN)

Judge to DOJ: ‘Tell Lanny Breuer That I Am Not Pleased About This’
(DBN)

First Transgender Judge in Country
(DBN)

Judge sex controversy lawsuit quashed
(DBN)

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Wall Street:

Stock Index Futures Higher
(DBN)

Europe stock futures fall on China, Ireland
(DBN)

US stocks continues to fall on global economy fears
(DBN)

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Layoffs:

Will a Republican Tsunami Drown the Unemployed?
(DBN)

Roche Takes Knife to Costs, Slashes 4,800 Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Insurance:

Ambac Faced Possible Liquidation, State Official Says
(DBN)

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Autos:

GM raises IPO pricing, offers more preferred shrs
(DBN)

A New GM, but Not an End to the Bailout Era
(DBN)

China, other foreign investors eyeing GM's IPO
(DBN)

GM IPO may leave taxpayers with bailout loss
(DBN)

GM IPO Land Mines
(DBN)

Harvard Business School Faculty on General Motors IPO
(DBN)

For Treasury, a Hidden Cost for Helping GM
(DBN)

Catching Up With GM Stock, the Bankrupt Version
(DBN)

Chrysler to Conduct Refinancing in Second Half of 2011, Marchionne Says
(DBN)

October new car sales in Europe fall 17%
(DBN)

Seventh Consecutive Decline in EU Car Sales
(DBN)

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Litigation:

New Expert Witness Procedures May Reduce Discovery Hassles and Litigation Costs
(DBN)

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Retailing:

Loehmann's Files For Bankruptcy : Is Barneys Next?
(DBN)

Loehmann's Is 17th Major Retail Bankruptcy in 2010
(DBN)

General Growth to Reap $700 Million in Secondary Offering
(DBN)

General Growth to record $537 mil impairment for spinoff
(DBN)

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Shipbuilding:

Houma shipyard's bankruptcy could be dismissed
(DBN)

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Food/Drink:

Steakhouse bigwig Glazier Group files for bankruptcy
(DBN)

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Telecoms:

Marathon Seeks to Replace EchoStar as Lender of $75 Million to TerreStar
(DBN)

EchoStar's $75 Million Bankruptcy Loan to TerreStar Wins Judge's Approval
(DBN)

______________

Video Rentals:

Blockbuster creditor seeks to probe Icahn
(DBN)

______________

Auto Racing:

The Financial Saga of Richard Petty Motorsports
(DBN)

______________

Mass Torts:

'Lack of operating discipline' contributed to BP spill, engineers' report says
(DBN)

______________

Energy:

Dynegy Without Blackstone Buyout, Faces Asset Sales, Bond Talks
(DBN)

______________

Aviation:

'Fed Up' Passengers, Unions Balk at Airports' Full-Body Scans
(DBN)

TSA Hit With Lawsuits As Revolt Explodes
(DBN)

Penn Jillette Calls Cops on Groping TSA Agent
(DBN)

Agency to investigate resister
(DBN)

Will Obamas Submit?
(DBN)

TSA pats down a screaming toddler
(DBN)

One Hundred Naked Citizens: One Hundred Leaked Body Scans
(DBN)

JAL headed for major management shakeup
(DBN)

JAL to reach new loan accord with banks this week
(DBN)

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Debt Collection:

NJ Lawyer, 2 Affiliated Debt Collectors, Agree to $7.9M Settlement With AG of W.Va.
(DBN)

______________

Golf:

Ford's Colony Country Club Bankruptcy Talks Go Bust
(DBN)

______________

 

 

Economy:

Geithner expects tax-cut extension soon
(DBN)

4 Possible Deals on the Bush Tax Cuts
(DBN)

Efforts to Extend Bush-Era Tax Cuts Falter as White House Meeting Delayed
(DBN)

US Industrial Production Flat in October
(DBN)

Moody's: US Ratings Not Under Pressure
(DBN)

Republican Proposal Takes Aim at Fed's Dual Role
(DBN)

Corker Calls for Dropping Fed Mandate on Jobs
(DBN)

Fed May Hesitate on More Easing After Critics Question Employment Mandate
(DBN)

Fed's Dudley on QE2: Exit Could Take Years
(DBN)

Shilling: Why the Fed's Plan Won't Work
(DBN)

Economists: Fed Must Abandon QE2
(DBN)

Fed Will Complete $600 Billion Bond Plan, Three District Bank Chiefs Say
(DBN)

US Deficit Plan Misses the One Big Gap
(DBN)

Warren Buffett Writes 'Thank-You Letter' to Uncle Sam in NYT - The Letter
(DBN)

Warren Buffett Dumps CarMax, Home Depot
(DBN)

A Footnote Explains a Dispute Over Treasury’s Bailout Figures
(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 inventories rise in October while yearly delinquency rate drops
(DBN)

BofA in `Hand-to-Hand Combat' Over Mortgage Disputes, CEO Says
(DBN)

Bank of America home loan head says no homes improperly seized
(DBN)

NYC pension funds want bank foreclosure audits
(DBN)

Dodd: Detailed Investigation Into Foreclosure Crisis Needed
(DBN)

Regulators' foreclosure review expected in January
(DBN)

Fund in works for victims of foreclosure mess
(DBN)

Under Scrutiny in Foreclosure Mess: Banks’ Servicing Arms
(DBN)

Fla. Courts Open Doors to Public in Foreclosure Cases After Rolling Stone Pens Expose
(DBN)

US Banks Are Balancing Competing Foreclosure Interests, Lawmakers Told
(DBN)

Pressure Builds Over Loan Modifying
(DBN)

Mortgage Transfers Are Valid, Group Argues as Congressional Hearings Begin
(DBN)

States, mortgage lenders in talks over fund for borrowers in foreclosure mess
(DBN)

Banks face $52 billion mortgage hit
(DBN)

Dramatic decline in REO sales in October
(DBN)

Kaufman Says Foreclosure Document Crisis Threatens Banks
(DBN)

US Homebuilder Confidence Index Edges Up in November
(DBN)

Owner of Lipstick Building in NYC Seeks Bankruptcy
(DBN)

Creditor takes Core Communities' Tradition properties in lieu of $113.8 million foreclosure
(DBN)

Mastro bankruptcy trustee bills $3.6M
(DBN)

Petra Fund REIT Creditor KBS Seeks Probe of Assets
(DBN)

885 Third Owner Seeks Prepackaged Chapter 11
(DBN)

Few conclusions in AHF bankruptcy
(DBN)

When your commercial tenant faces bankruptcy : a primer for landlords
(DBN)

Grim outlook for South Florida retail real estate
(DBN)

Another Dream Goes Bust
(DBN)

National Australia Bank to Be Sued Over US Subprime Exposure
(DBN)

NAR: Homeowners net worth 41 times greater than renters
(DBN)

More than one-third of real estate agents report market deterioration in November
(DBN)

_____________

Banking:

Bank of America CEO Downplays Dividends
(DBN)

U.S. Sets 50 Bank Probes
(DBN)

Don’t cry for Goldman in bank dividend kerfuffle
(DBN)

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Corporate Governance:

New Ruling Finds Important Protection For Managers Of Insolvent Delaware LLCs
(DBN)

______________

Museums:

Asian Art Museum contemplates bankruptcy
(DBN)

Asian Art Museum's Sudden Struggle to Avoid Bankruptcy
(DBN)

______________

Municipalities:

Bankrupt Vallejo, California, Weighs Five-Year Fiscal Plan to Restructure
(DBN)

Vallejo City Council talks bankruptcy plan
(DBN)

Cash-strapped Pennsylvania capital gets $3.8M
(DBN)

Hamtramck seeks state's OK to file for bankruptcy
(DBN)

North Dakota sets example
(DBN)

What happens if Chicago pension funds run out of money?
(DBN)

Tax-Exempt Muni Bonds Tumble
(DBN)

______________

Derivatives:

Section 2(a)(iii) of the ISDA Master Agreement, similar clauses and insolvency
(DBN)

______________

Consultants:

Barrier Advisors Named Financial Advisor to Unsecured Creditors in Dallas Logistics Hub Bankruptcy
(DBN)

______________

Golf:

Former Fairvue employees want their paychecks
(DBN)

______________

Tax:

A Tax Cut To Save Companies From Bankruptcy
(DBN)

"Tax Lady" Lawyer Ordered to Stop Accepting Fees
(DBN)

IRS Withdraws Case Against UBS
(DBN)

Gov't Workers Owe Billions in Back Taxes
(DBN)

Jackson Hewitt: On the Verge of Bankruptcy
(DBN)

______________

Celebs:

Randy Quaid and His Wife Are Court No-Shows Again
(DBN)

Randy Quaid Accuses His Brother Of Taking A "Hit Out On Him"
(DBN)

Braxton Intends to Keep Georgia Home
(DBN)

Dermontti Dawson Auction Yields $775K
(DBN)

OJ lawyers in bid for new trial
(DBN)

Creditors on sidelines cheer Vick's success on the field
(DBN)

______________

Fraud:

Legal bills pile up in Hecker bankruptcy
(DBN)

Hecker is hardly a dream client
(DBN)

Trustee: Hecker's girlfriend hasn't explained spending, should be jailed
(DBN)

Ex-Doral bank exec sentenced to 5 years for fraud
(DBN)

Kerviel's Comeback: They Never Said a Thing
(DBN)

______________

Distressed Investing:

Judge Unseals Documents in Accuride Bankruptcy
(DBN)

______________

Newspapers:

Tribune Lenders Seek Contempt Order Against Hedge Funds for Suit
(DBN)

______________

Ethanol:

Ethanol Subsidy Under Fire
(DBN)

______________

 

 

New Bankruptcy Opinions
(1 new opinion 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:

The Bankruptcy Files: Retailers, Subprime Investors, and Foreign Banks
(DBN)

Iceland's Banks, JAL, Rok, K1, A-Tec, Schiesser: Bankruptcy
(DBN)

C-Bass, Lipstick Tower, Michael Jordan's, Thompson: Bankruptcy
(DBN)

______________

Bankruptcy Statistics:

O.C. bankruptcies fewest in 8 months
(DBN)

US bankruptcies up; Northwest Ohio's ebb
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Claims Trading:

Trading of bankruptcy claims slumps in October
(DBN)

______________

Lehman:

Fuld, Lehman Defendants to Get $100 Million Insurance Payment for Lawsuits
(DBN)

State considering claim against Lehman Brothers
(DBN)

______________

Media:

Sam Zell Calls Newsweek-Beast Deal 'Two Ants Mating'
(DBN)

______________

UK:

Why the Tories are taking Ireland down the same road to ruin
(DBN)

UK unemployment rate unchanged at 7.7 percent
(DBN)

Northern Ireland bankruptcy rate rises to nearly four a day
(DBN)

Osborne Says Britain Is Ready to Support Ireland Amid Concern About Banks
(DBN)

Falling Insolvency Rates Masking The UK's Corporate Debt Problem
(DBN)

'Time to Pay' squeeze could threaten vulnerable companies
(DBN)

UK construction giant to axe 20,000 suppliers
(DBN)

UK Home Prices to Fall Next Year Amid Spending Cut `Turmoil'
(DBN)

M&A Drives Rise in London Financial Job Vacancies
(DBN)

After News of Royal Engagement, Speculation About Royal Prenup
(DBN)

______________

EU:

Fear and the euro
(DBN)

Euro Gains as European Union Starts Work on Aid for Irish Banks
(DBN)

Irish Aid May Offer Euro Only `Temporary Relief,' Barclays Capital Says
(DBN)

Euro Under Siege After Portugal Panics
(DBN)

Crisis of Democracy Faces Euro Zone
(DBN)

Eurozone lifeboat strains under pressure of bail-outs
(DBN)

Ireland crisis could cause EU collapse, warns president
(DBN)

Hamish McRae: Sovereign defaults in the eurozone are inevitable
(DBN)

EU Formally Approves Setup of Systemic Risk Board, New Agencies
(DBN)

Bundesbank's Boehmler Says ECB on 'Thin Ice' If Exit Delayed
(DBN)

______________

Ireland:

Ireland Leads Jump in Sovereign Debt Risk, Default Swaps Show
(DBN)

Ireland's Big Mistake
(DBN)

EU Works on Aid for Irish Banks, Spurns Immediate Package
(DBN)

Sweeping Irish Aid Package in Works
(DBN)

New Push for Ireland to Consent to a Bailout
(DBN)

Irish Crisis Punishes European Borrowers as Dollar-Bond Sales Slump
(DBN)

Why the Irish Crisis is Going Global
(DBN)

Ireland's smug, Euro-loving elite has led their country to ruins
(DBN)

Irish prime minister dismisses bailout rumors
(DBN)

Irish leader slams EU aid rumors as 'ill-informed'
(DBN)

Dublin in talks to resolve crisis
(DBN)

‘Technical talks’ or a done deal?
(DBN)

Who caused Ireland's crisis?
(DBN)

A Modest Proposal For Rescuing Ireland: Start Selling It Off
(DBN)

How Wellesley wound up in the middle of the Anglo Irish Bank mess
(DBN)

Pension exempted from Drumm assets
(DBN)

Bankruptcy case of ex-Anglo Irish Bank CEO delayed
(DBN)

Anglo applies to replace David Drumm trustee
(DBN)

Drumm's US trustee suing Anglo
(DBN)

Ex Anglo Irish CEO took on bad loan, suit claims
(DBN)

Drumm advised by US bankruptcy official to sue Anglo for distress and harassment
(DBN)

Disgraced Irish banker refuses comment at court showing
(DBN)

______________

Canada:

Bondholders Stand to Lose $6.9 Billion on `Disruptive' Bill: Canada Credit
(DBN)

______________

Germany:

Germany hits back at Greek criticism of proposed EU bailout reforms
(DBN)

Germany's Bafin Battles Scam That Created Fake Financial Regulator Website
(DBN)

Germany maintains plans to increase retirement age to 67
(DBN)

______________

Canada:

Debtor's prison
(DBN)

______________

Spain:

Spain to Pay More for Bonds Amid Irish Contagion
(DBN)

Spanish Consumer Spending Slows after Sales-Tax Increase
(DBN)

______________

China:

China's Cabinet Confirms Price Controls May Be Looming as Inflation Surges
(DBN)

US Companies Profit, Fret in the Chinese Market
(DBN)

Currency Fight With China Divides U.S. Business
(DBN)

______________

Middle East:

Gulf Finance House in $500 Million Support Plan
(DBN)

______________

Greece:

EU Denies Delay in Greek Loan as Tensions Simmer
(DBN)

Eurozone bailout payment for Greece to be postponed to January
(DBN)

Delay of EU aid to cause no cash problem - Greece
(DBN)

Greece's Toothless Battle against Corruption
(DBN)

______________

Poland:

Polish Debt Costs May Climb to 5-Month High at Auction on Europe Debt Ills
(DBN)

Poland Is Considering Pension-Fund Cuts
(DBN)

______________

Japan:

Rise in Japan's GDP Won't Last Long
(DBN)

______________

Italy:

Man bankrupted by Mafia to sell his own body parts
(DBN)

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