November 5, 2010

The Daily Bankruptcy News

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Law:

Morgan Lewis: Anticipates Large Bonus Pool and Not Moving Towards Merit-Based Compensation
(DBN)

Slaughter and May ups annual bonus to 8% of salary
(DBN)

King & Spalding Names New Bankruptcy Partner
(DBN)

Is Last In, First Out Cramping Your Career Move Plans?
(DBN)

BigLaw Merger Bittersweet for Some
(DBN)

Ropes & Gray expands in London with ex-Cadwalader restructuring partner
(DBN)

Kings County D.A.’s Office Lays Off 13 Attorneys, 2 Staff
(DBN)

Clifford Chance finally elects new senior partner
(DBN)

Sweeting: Clifford Chance is not "driven solely by profits"
(DBN)

Clifford Chance sued for discrimination against women and minorities
(DBN)

The Latest Curve Ball for Halliburton General Counsel Albert Cornelison
(DBN)

White-Collar Experts in Demand as Firms Brace for Federal Investigations
(DBN)

Toyota Says Plaintiffs Lawyers Are 'Grasping at Straws'
(DBN)

DOJ Sues Former Seyfarth Shaw Partner in Chicago in Tax Case
(DBN)

BigLaw Getting a British Accent a Bit?
(DBN)

Law Firm Diversity Declines Slightly, and Layoffs May Be to Blame
(DBN)

50,000 Reasons to Consider Revamping Your Small Firm Website
(DBN)

New York Mets Tap a Former General Counsel for General Manager Job
(DBN)

Law School Joins Partnership to Launch Fast-Tracked JD/MBA
(DBN)

Brooklyn Law 2010 Class Gift is More Like a Terrible High-School Yearbook Quote
(DBN)

Domestic Abuse Defendant Relies on ‘Slave’ Contract and Victim’s Testimony: ‘I Like to Be Tied Up’
(DBN)

Another Way To Get Disbarred
(DBN)

Virginia Lawyer Sues Former Girlfriend For False Arrest, Defamation
(DBN)

Ohio Jail Uses Stun Gun to "Soften Up" Naked, Disabled and Pregnant Inmates, DOJ Says
(DBN)

But Atticus Finch Never Had to Repay Student Loans
(DBN)

Editorial Criticizes Obama as a ‘No-Pardon President’
(DBN)

Sad Meals in San Francisco?
(DBN)

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Judges:

After Twice Bouncing Checks, Judge Finally Pays License Fees - With Money Order
(DBN)

Kagan Hits Acting SG’s ‘Silly and Fictional’ Interpretation of Taxpayer Standing
(DBN)

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Wall Street:

 

S&P 500 Advances to Highest Since 2008 on Fed, Bank Speculation
(DBN)

Dow Is at Highest Since Lehman's Fall
(DBN)

Wall Street Bonuses: Who’s Been Naughty. Who’s Been Nice.
(DBN)

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Layoffs:

High unemployment in Fed cross-hairs
(DBN)

Applications for jobless aid rise sharply
(DBN)

When unemployment extensions end, a movement rises: the 99ers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Terra Firma loses Citi fraud case over EMI: jury
(DBN)

Figure in NY pension fund scandal to plead guilty
(DBN)

Hecker's girlfriend in court fighting eviction from Medina home
(DBN)

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Aviation:

Gulfstream International Group Begins Financial Restructuring Under Chapter 11
(DBN)

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Telecoms:

Hawaiian Telcom rebrands, post- bankruptcy
(DBN)

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Banking:

WaMu Examiner Sheds New Light on Bankruptcy, Criticizes FDIC for Lack of Cooperation
(DBN)

BofA's Moynihan `Surprised' by New York Fed Loan Putback Demand
(DBN)

Flaws Revealed in Citigroup's $50 Billion Loan Pipeline
(DBN)

Fed May Let Some Banks Raise Dividends
(DBN)

RBS reports $1.9 bln loss, core business improves
(DBN)

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Accounting:

Turns Out, CPAs Making Nice with Lawyers Is a Good Business Practice
(DBN)

______________

Student Debt:

Fitch Publishes Third Quarter Edition of The Student Loan Report Card - MarketWatch
(DBN)

______________

 

 

Economy:

Jobless Claims up, Productivity Caps Inflation
(DBN)

Stiglitz: To Fix Economy, Put Bankers in Jail
(DBN)

Obama could compromise with GOP on taxes
(DBN)

Backlash Builds Against Fed Pumping
(DBN)

Fed Prints Money, Consumers to Pay the Price
(DBN)

Fed Stimulus and the Return of $100 Oil
(DBN)

China needs to raise rates to cope with QE2
(DBN)

Bernanke Fearing Fate of Japan, Not Greece
(DBN)

BOJ in 'Middle' of Fed, ECB, May Be Pressured to Ease
(DBN)

Fed's Bernanke `Doesn't Understand' Economics, Jim Rogers Says
(DBN)

Bond traders jump in ahead of government buys
(DBN)

The Economy In Metaphor: From 'Abyss' To 'Road' To 'Ditch'
(DBN)

In U.S., 14% Rely on Food Stamps
(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:

Despite Praise From Banks, Treasury, In-House Loan Mods Provide Less Help to Homeowners
(DBN)

More Layoffs at David Stern’s Law Firm After Fannie and Freddie Pull Foreclosure Files
(DBN)

Fannie, Freddie Fix May Cost $685 Billion, S&P Says
(DBN)

Freddie Mac: No Housing Recovery Soon
(DBN)

Sam Zell Says High-Quality Commercial Real Estate Will Fill at Lower Rents
(DBN)

NYC CMBS delinquencies rise 3.8 percent
(DBN)

Commercial Real Estate's Uneven Rebound
(DBN)

Fitch cautions: Foreclosure gate is bad for RMBS servicing
(DBN)

CMBS deal flow picks up in MBA survey
(DBN)

Top Manatee builder, 7 others seek bankruptcy
(DBN)

Despite Increased Costs Of Doc Reviews, Freddie Notes 'Difficulty' Of Enforcing Contractual Rights
(DBN)

Stuyvesant Appraisal Likely to Hit Junior Debtholders
(WSJ: separate paid subscription required)

Realtors in New Orleans: Home Sales Aren't Big Or Easy
(DBN)

Lead AG on foreclosure investigation says inquiry will continue post-election
(DBN)

JPMorgan Chase to refile foreclosure affidavits in coming weeks
(DBN)

Morgan Stanley Wrongly Foreclosed on Homes, Class Action Alleges
(DBN)

Phoenix home sales drop for fifth-straight month in September
(DBN)

A Tale of Two Housing Busts
(DBN)

_____________

Politics:

Obama invites GOP leaders to White House for bipartisan meeting
(DBN)

Rep. John Boehner Says President Obama and Democrats in 'Denial'
(DBN)

Obama vows to 'move American people's agenda forward'
(DBN)

Memo to White House: Lawyer up
(DBN)

Voters Fear Bankruptcy Of US Government, Pols Don't Care
(DBN)

______________

Resorts:

Bankruptcy Judge Approves Sea Island Sale
(DBN)

______________

Celebs:

Spencer Pratt's Bankruptcy Blame
(DBN)

Heidi Montag, Spencer Pratt Bankrupt? Owe $2 Million in Taxes
(DBN)

IRS Fights Young Buck's Bid to Get Assets Back
(DBN)

______________

Gambling:

MGM weighs options on losses at Vegas resort
(DBN)

______________

Health Care:

10 Successful Hospital Turnarounds
(DBN)

______________

Autos:

GM's Return to S&P 500 May Take a Year on Guidelines
(DBN)

GM will repay government bailout: White House
(DBN)

GM Rescue Wasn't a Success for Creditors
(DBN)

Ford stock up 4.5% to highest close since '04
(DBN)

Chrysler May Post Smallest Loss Since Bankruptcy on Best US Sales Gains
(DBN)

Carmaker's Next Problem: Generation Y
(DBN)

______________

Municipalities:

California Circles The Drain
(DBN)

California City to Weigh Exit From Biggest Municipal Bankruptcy Since 1994
(DBN)

Even with county's help, Harrisburg is still in trouble
(DBN)

Harrisburg Authority board backtracks on legal services
(DBN)

______________

 

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:

MGM Studios, Lehman, Awal, Dykstra, Chemtura: Bankruptcy
(DBN)

______________

Bankruptcy Statistics:

South Florida bankruptcies fall 3.6%
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Corporate Reform:

Volcker Rule May Trigger `Exodus' of Clients From US Banks, Bachus Says
(DBN)

Regulators pressured to curb Wall St reforms
(DBN)

Republicans begin carving apart bank reform
(DBN)

SEC Issues Proposed Whistleblower Rules; The Lobbying Continues
(DBN)

______________

Hollywood:

MGM Studios Wins Court Approval to Use Collateral of Lenders in Bankruptcy
(DBN)

MGM Receives Court Approval of First Day Motions
(DBN)

Spyglass Entitled to $4 Million If MGM Studio Deal Breached
(DBN)

MGM Studios Projects Cash Flow of $449 Million by 2015
(DBN)

As debt-ridden MGM falls into creditors' hands, James Bond sits idle
(DBN)

MGM Bankruptcy : Inside the Courtroom Drama
(DBN)

MGM Resorts clarifies that MGM Studios bankruptcy has 'no impact'
(DBN)

______________

Hotels:

Lehman Questions Innkeepers' Legal Bills
(DBN)

______________

Non-Profits:

Community Connection can participate in Germantown Settlement bankruptcy
(DBN)

______________

Defaults:

High-Yield Debt Risk Index Drops to 6-Month Low in Europe on Fed Stimulus
(DBN)

US Junk Bond Defaults May Drop to 2.2% in 2011, Moody's Says
(DBN)

______________

Distressed Investing:

New York Property Elusive Target for Distressed Investors Seeking Bargains
(DBN)

Banks Shopping Distressed Mortgages
(DBN)

Wilbur Ross Gives $10 Million to Yale Business School
(DBN)

______________

Mass Torts:

Texas tort system learns lessons from asbestos
(DBN)

______________

UK:

George Osborne accused of misleading public over UK bankruptcy claim
(DBN)

Winding Up Petitions - 4th November 2010
(DBN)

______________

EU:

ECB Rejects Request for Greek Swap Files, Citing `Acute' Risks
(DBN)

Schaeuble Rejects Trichet's Criticism EU Debt Mechanism May Roil Markets
(DBN)

______________

Canada:

New buyer for bankrupt Gorham mill
(DBN)

______________

Ireland:

Drumm has been advising Anglo's clients
(DBN)

______________

France:

French prime minister revolts over replacement by ex-bankruptcy lawyer
(DBN)

______________

Austria:

Former chief of Austrian bank Hypo charged
(DBN)

A-Tec Creditor Committee Accept Banks’ AE&E Proposal
(DBN)

______________

Greece:

Wind Hellas Bondholder Group Approved by Court as Turnaround Lead Bidder
(DBN)

______________

China:

China's stance on economic issues at the G20
(DBN)

______________

 

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