October 28, 2010

The Daily Bankruptcy News

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Law:

Lehman Brokerage Trustee's Firm Gets $107.8 Million
(DBN)

Blind Attorney Goes From Supreme Court Clerk to NY BigLaw Associate
(DBN)

Law schools are manufacturing more lawyers than America needs, and law students aren't happy about it
(DBN)

DLA sidelines shift to all-equity partnership
(DBN)

25% Cut in In-House Legal Spending Translates to Even Deeper Cuts for Outside Legal Work
(DBN)

Foreclosure Defense Boot Camp Offers Advice and Scotch to Lawyers Who Pass Security Check
(DBN)

Is Ted Freedman Out at Kirkland?
(DBN)

Stanford Attorney Bennett Removed as Trial Lawyer
(DBN)

Jailed Stanford accuses ex-lawyer of incompetence
(DBN)

Rangel Parts Ways with Zuckerman Spaeder as Ethics Trial Nears
(DBN)

Ex-Client Whose Lawyer Was Suspended Gets Another Chance to Sue NY Firm for Malpractice
(DBN)

BigLaw Firm Loses Bid for Sanctions Against Ex-NY Partner Suing Over Axing
(DBN)

Firm’s Diversity Efforts Improving—Up from Abysmal to Mediocre, Says Managing Partner
(DBN)

Mom of Disabled Law Student Gets Evidence & Wins Rehearing By Camping at Justice Ministry for 1 Year
(DBN)

John Grisham Channels Upton Sinclair in New Novel
(DBN)

Hell’s Angels Sue Saks, Say Winged Death-Head on Items in Upscale Store Violates Trademark
(DBN)

Lawyer Wins Continuance for ‘Very Important Baseball Matters’
(DBN)

Law Grad Quits Job to Watch the Rangers in World Series Bid
(DBN)

Judge's Unusual Order Revives Law Firm Diversity Issue
(DBN)

Ethics of Advising Clients to Make Social Networks Private
(DBN)

13% Tuition Increase + 1% Faculty Salary Cut = 100% Screwing of Minnesota Law Students
(DBN)

Enablers of Law School Madness
(DBN)

Legal Citation of the Day: Pointy Ears Under a Ten-Gallon Hat?
(DBN)

The Male Beta Associate: Soft Hands, Hard Life
(DBN)

Court Erases In-House Lawyer’s Billion-Dollar Error
(DBN)

Night Law School Files Antitrust Complaint
(DBN)

'Girls Gone Wild' Lawsuit Triggers Free Speech Battle
(DBN)

Mr Loophole is UK's best-known solicitor
(DBN)

Can You Tell That This Email is a Thinly Veiled F--- You?
(DBN)

New Weapon for Divorce Lawyers? Android App Facilitates Secret Forwarding of Texts
(DBN)

Lawyers Behaving Badly
(DBN)

Lawyer suspended for leaving the scene
(DBN)

The Good Wife: Alicia Florrick as Gloria Allred
(DBN)

"The Good Wife" - That Ugly Underbelly of Lawyering
(DBN)

"My Way"
(DBN)

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Judges:

Ex-Judge Says She Taped Black Colleague Using the N-Word at Court Conference
(DBN)

Justice Ginsburg Says Nine Women on Supreme Court Would Be Enough
(DBN)

On Justice Sandra Day O'Connor and the Nevada Robo-Calls
(DBN)

The Ethics of Justice O'Connor's Robo-Calls
(DBN)

Fla. Judge Faces Hearing for Misconduct
(DBN)

Probate Court abuses found across the U.S.
(DBN)

For Clarence Thomas, an ordeal is renewed
(DBN)

Let the justices be the judge
(DBN)

Judge may not accept the "Spirit of Excellence" award
(DBN)

Referring to Judges on Your Panel as "A-- Clowns" Does Not Maximize Chance of Success
(DBN)

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Wall Street:

Futures Point to Slight Rise on Wall Street
(DBN)

Insider Selling Volume at Highest Level Ever Tracked
(DBN)

European Stocks Climb
(DBN)

Wall Street Slips as Traders Ponder the Fed
(DBN)

Fed Easing to Signify End of Bull Market, Gross Says
(DBN)

Why is the Market Miffed by a Prudent Fed Intervention?
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Financial Literacy:

The Next Generation and Money: What We're Not Teaching Them
(DBN)

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Health Care:

Voters to decide on hospital district's fate
(DBN)

High hospital costs? Look at the executive payroll
(DBN)

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Religion:

As the Crystal Cathedral Teeters on its Last Lifeline, Sheila Schuller Coleman Goes on 11-Day Cruise in Greece
(DBN)

Vestal: Dad essential in making church address abuse
(DBN)

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IP:

Lender objects to $13m sex.com sale
(DBN)

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Debt Collection:

How far is too far - judgment creditors that sell a debtor’s real estate told to account for the fair market value of that property and must reimburse the debtor if they go too far
(DBN)

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Golf:

Papago Golf Course Files For Bankruptcy
(DBN)

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Hotels:

Taxpayers may get Sheraton bill
(DBN)

No deal before Hilton hotel's foreclosure, BlackRock says
(DBN)

______________

Book Reviews:

A History of Failure in America
(DBN)

______________

 

 

Economy:

QE2 a 'Ponzi scheme', says Pimco's Gross
(DBN)

Fed's New Plan Called Terrifying
(DBN)

Tiny Tim's big fantasy
(DBN)

Grantham: Obama's Biggest Mistake? Geithner
(DBN)

Bond king: Bernanke's a schemer
(DBN)

Obama Tells Jon Stewart: Summers Did 'a Heckuva Job'
(DBN)

The Actual US Government Debt
(DBN)

Banks: U.S. Solicitor General Blocked Fed Appeal to Supreme Court
(DBN)

Moody’s: Companies Reluctant to Spend on Expansion, Hiring
(DBN)

What Else Could the White House Have Done?
(DBN)

Rich Mom, Poor Mom
(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:

No Major Delays In Foreclosures So Far
(DBN)

Warren: “My Money is on the AG investigation” in Foreclosure Fraud Mess
(DBN)

10 Cities With Highest Foreclosure Rates
(DBN)

New home sales rise an insignificant 6.6%
(DBN)

New Home Sales Stuck at Rock-Bottom
(DBN)

Homeowners Facing Foreclosure Demand Recourse
(DBN)

What can a bank do to prove foreclosures are legitimate?
(DBN)

Treasury Sees Escalating Risk to Home Prices
(DBN)

Foreclosure activity up across most US metro areas
(DBN)

Mortgage Battle Gains Steam, Investors Recruited
(DBN)

Loan modification denied: increased savings leads to loan modification denial, foreclosure
(DBN)

Chicago trial HAMP loans down in September
(DBN)

Foreclosed Real Estate: It Ain’t Like the ’90s
(DBN)

Federal oversight panel raises alarms over foreclosure crisis
(DBN)

US Holding Banks Accountable on Foreclosures, Caldwell Says
(DBN)

Bank of America, JPMorgan Get Texas Subpoenas on Foreclosures
(DBN)

AHF judge OKs vote on liquidation plan
(DBN)

Wells Fargo to Amend About 55,000 Foreclosures
(DBN)

The elusive search for villains in the foreclosure crisis
(WSJ: separate paid subscription required)

Inlet apartment investor in Atlantic City files for bankruptcy
(DBN)

Home Builders Slash 2010 Construction Forecast
(DBN)

Deloitte execs say recession creates mortgage lending caste system
(DBN)

Bank Credit Freeze Shows Signs of Thawing
(DBN)

GMAC Mortgage Class Action
(DBN)

We Earn Money The Old-Fashioned Way: We Steal It
(DBN)

RBS analysts see limited risk to CMBS from foreclosure fiasco
(DBN)

Lifestyles of the Rich & Famous: Foreclosure Edition
(DBN)

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Fraud:

Allen Stanford: Now Officially Broke, Gets Good Attorneys
(DBN)

Executive Lived in `Lap of Luxury' on Lam, Marshal Says
(DBN)

The Hurdles to Suing Outside Advisers for Fraud
(DBN)

State Taxing Authorities Have Little Sympathy for Victims of Madoff and Other Ponzi Schemes
(DBN)

Judge Denies New Trial for Slaughterhouse Manager
(DBN)

Duo Convicted In Operating Church Ponzi Scheme
(DBN)

______________

Hollywood:

MGM bankruptcy or rescue in Hollywood ?
(DBN)

MGM Drama Nears Its Climax
(DBN)

Bankruptcy protection looms for MGM as creditors lose patience
(DBN)

______________

Video Rentals:

Blockbuster Can Take Bankruptcy Loan, Pay Studios
(DBN)

______________

Aviation:

Airline Unions Seek a Share of Upturn
(DBN
)

Gulfstream Orders Suggest Recovery in Business Jets
(DBN)

Lufthansa Raises Outlook as Q3 Profit Triples
(DBN)

JAL repays part of loans ahead of schedule
(DBN)

______________

Autos:

Gladwell vs. Rattner: Who Really Killed GM?
(DBN)

GM Stock Sale's Break-Even Equation
(DBN)

Cheap GM IPO will be worth buying
(DBN)

Foresight leads to Ford's comeback
(DBN)

Auto suppliers' profits increase in 3rd quarter
(DBN)

Auto supplier deals drop amid skittish recovery
(DBN)

______________

Municipalities:

A scary scenario: What if a U.S. state defaults?
(DBN)

Measure K is the best of really bad alternatives
(DBN)

Ex-San Diego Officials to Pay Fines to End SEC Case
(DBN)

Pennsylvania's capital city headed into receivership
(DBN)

Harrisburg Authority has legal questions about financial note
(DBN)

Judge enters $9.4 M judgment against San Juan, bankruptcy possible
(DBN)

______________

Food/Drink:

Unpaid Arby's employees to get 60 percent of wages in bankruptcy deal
(DBN)

______________

Ratings Agencies:

Banks, Investors Must End Dependence on Credit Ratings Firms, FSB Says
(DBN)

______________

Education:

Colleges to get new rules on student aid
(DBN)

Obama Approves Rules Restricting Growth at For-Profit Colleges
(DBN)

Ed Dept moves to pre-empt for-profits who "game" system
(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)

______________

Committees:

Spansion II: The Fee Sequel
(DBN)

______________

Miscellaneous:

Blockbuster, Oriental Trading, Movie Gallery, Lehman: Bankruptcy
(DBN)

Google, Bankruptcy & Bieber
(DBN)

______________

Corporate Reform:

Resolution Rules and Bankruptcy Reality
(DBN)

Tense Call Led to Rattner Legal Standoff
(DBN)

Covington’s Steve Fagell on Ramped up Corporate Crime Enforcement
(DBN)

When The Whistle Blows
(DBN)

Elizabeth Warren’s plan to prevent another financial meltdown: crowdsourcing
(DBN)

Warren: Changes Are Starting Now
(DBN)

______________

Litigation:

In Seminal Decision, New York Court of Appeals Rejects Attempt to Expand Scope of Liability for Professional Service Providers
(DBN)

We’ll Always Have Paris: Dubai as Post-Modern Casablanca
(DBN)

Judge Grimm artfully deflates an obnoxious litigants
(DBN)

Pre-Litigation Preservation Obligations
(DBN)

______________

Retailing:

Gordon Plans to Bring Urban Brands Chain Out of Bankruptcy With 175 Stores
(DBN)

In American Apparel's Financial Crisis, CEO Charney Did Very Nicely, Thank You
(DBN)

______________

Corporate Governance:

"Entire fairness:" Can the liquidation preference of preferred stock over the common stock be protected where the common stock receives little or nothing in an exit?
(DBN)

______________

Celebs:

Quaids freed from custody
(DBN)

______________

Politics:

Joe Miller: Now an Admitted Liar
(DBN)

Corporate campaign ads haven't followed Supreme Court's prediction
(DBN)

Small Businesses Take Strong Interest in Election
(DBN)

Foes Plan Post-Vote Deals on Tax, Spending
(DBN)

Health Law Unpopular in Key Districts
(DBN)

Wall St. banking on GOP to ease new rules
(DBN)

Tea Party Gets a "F" in Constitutional Law
(DBN)

______________

Banking:

Cost of checking accounts at all-time high
(DBN)

OTS Approves Private Equity Buy of New Jersey Bank
(DBN)

Parent of AmericanWest Bank of Spokane intends to declare bankruptcy
(DBN)

Court Rules Deutsche Bank Must Pay $980,000 Over Swap Deal
(DBN)

Basel 3 capital requirements hard to observe, hard to meet: BIS committee
(DBN)

______________

Gas Stations:

Old Second not worried about Gas City bankruptcy
(DBN)

______________

Lehman:

Henry Paulson: Lehman Brothers Had To Fail
(DBN)

______________

Newspapers:

A Statutory Realignment at the Tribune Company
(DBN)

______________

Non-Profits:

Creditor says Germantown Settlement subsidiary illegally diverted funds, seeks to dismiss bankruptcy
(DBN)

______________

UK:

Recession sparks suicide rate fears
(DBN)

Business failures surge in north-east
(DBN)

Wind turbine market blamed as Skycon files for insolvency
(DBN)

Personal insolvencies set to rise warns expert
(DBN)

______________

Canada:

Ex-owner who traded Gretzky sentenced for perjury
(DBN)

Canwest Global to emerge from creditor protection
(DBN)

Pocklington gets house arrest for perjury
(DBN)

______________

Germany:

RHJ International: Honsel AG Files for Insolvency
(DBN)

German Unemployment Falls Below 3M
(DBN)

______________

Greece:

Greece Said to Be Falling Short of Deficit-Cutting Goals
(DBN)

Greek Bonds Fall, Says Taxes Falling Short
(DBN)

Whoa. Greece Worries Heating Up Yet Again.
(DBN)

Is Greece About To Go Belly Up?
(DBN)

______________

Spain:

In Spain, Homes Are Taken but Debt Remains
(DBN)

Santander profits hit by new Bank of Spain rules
(DBN)

______________

Japan:

Japan central bank cuts economic growth forecasts
(DBN)

Takefuji Debt Valued at 14.75% in Credit-Default Swaps Auction
(DBN)

______________

Ireland:

Bankruptcy Only An Option For The Rich: 'Half the money owed is eaten up going after it'
(DBN)

______________

 

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