October 29, 2010

The Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Law:

Hughes Hubbard Nets $107.8 Million for Lehman Trustee Work
(DBN)

‘Totally Fooled’ by Now-Convicted Rothstein, Law Partner Tries to Explains What He Did for $450K Pay
(DBN)

White & Case's Lauria on Icahn's MGM Bid: "Tomorrow is D-Day"
(DBN)

‘Spectacular Fall’ for Name Partner Adorno, Now Facing Suspension for Class Action Settlement Role
(DBN)

Monsters-R-Us
(DBN)

Thoughts on How to Network as a Lawyer at a Small Firm
(DBN)

Law Schools Grow as Jobs Shrink, Producing Irate Unemployed Lawyers
(DBN)

Columbia and NYU Students Getting So Hot They Wanna Take Their Clothes Off
(DBN)

Sullivan & Cromwell Takes on Job of Nanny to London's Lawyer Wannabes
(DBN)

For Lone Star Law Grads, There's Good News and Bad News
(DBN)

PDs Seek Juror’s Facebook Posts in Probe of Possible Juror Wrongdoing
(DBN)

TCs up for grabs at UK top 30 firms fall by 11% over three years
(DBN)

Hogan Lovells to pay firm marketing bod one million dollars (ish)
(DBN)

Cracks emerge in Eversheds Europe
(DBN)

Prosecutors Blast Ex-DA in ‘Nightmare’ Case of Innocent Man Jailed 18 Years
(DBN)

Nestle Fired Law Firm Over Poached Secretary Incident
(DBN)

Stunning New Revelations on the Firing of Ex-Bank of America General Counsel Tim Mayopoulos
(DBN)

Top 7 Greatest Cartoon Lawyers of All Time
(DBN)

Hogan Lovells Partner Makes NYT Crossword Debut After Daring E-Mail Submission
(DBN)

Law School Sues Rival for Antitrust Violations
(DBN)

Judge rules strippers can file suit against Penthouse jiggle joint
(DBN)

A Guide to Suing Santa Claus
(DBN)

Labor Law Is Broken, Economist Says
(DBN)

The Story Behind the $96M Whistleblowing Recovery
(DBN)

______________

Judges:

Law Prof: Entire Supreme Court Should Decide Recusal Due to Activist Wife
(DBN)

On Justice Thomas and the Supreme Court’s Strange Recusal Process
(DBN)

Judge Geraldine Mund to Stay on for a While
(DBN)

O’Connor Says She Didn't Authorize Recording Used in Errant Robocalls
(DBN)

When Judges Get Funny
(DBN)

Tribe on Sotomayor: ‘Not Nearly as Smart as She Seems to Think She Is’
(DBN)

Leaked: Obama Mentor's Blunt Advice on Court Choices
(DBN)

Will more Supreme Court justices attend this year's "Red Mass" than next year's State of the Union?
(DBN)

NY Judge's Suit Over Forced Retirement Rejected
(DBN)

Judge Is Loose Cannon of Ethics, Critics Say
(DBN)

Interesting Supreme Court Tidbit
(DBN)

Judging Women
(DBN)

______________

Wall Street:

Wall St futures point to lower open
(DBN)

______________

Layoffs:

Sacrificing to Get a Job
(DBN)

Jobless Claims Fall to 3 Month Low
(DBN)

White House: drop in weekly jobless claims good news
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Insurance:

Executive Protection: D&O Insurance - Limits Selection and Program Structure
(DBN)

______________

Resorts:

Safety Harbor spa will file for Chapter 11 bankruptcy
(DBN)

Retired Sea Island executives object to bankruptcy plan
(DBN)

______________

Celebs:

Refugee status the likely plea for Randy Quaid
(DBN)

Quaid fleeing 'conspiracy'
(DBN)

Quaid: Death Plot by Hollywood Accountants
(DBN)

IRS Cancels Auction of Rapper's Belongings
(DBN)

Anna Nicole's Doctor, Boyfriend Found Guilty
(DBN)

______________

Insurance:

Buyers battle over $72m CLICO asset
(DBN)

______________

Retailing:

Stores Push Black Friday Into October
(DBN)

General Growth Q3 hurt by reorganization expenses
(DBN)

Living in the lap
(DBN)

The New Normal: 50% Off
(DBN)

______________

Credit Cards:

Why US Credit Cards Might Not Work Overseas
(DBN)

______________

 

 

Economy:

Treasury 10-Year Yields May Signify Fed's Success, Gross Says
(DBN)

GM to pay back $2.1 billion to Treasury
(DBN)

Taxpayers covered $9 million in cosmetic surgery for NY teachers
(DBN)

Bernanke’s Reluctance to Speak Out Rankles Some
(DBN)

Strange Tales in the Land of No Return
(DBN)

Treasury stands to profit from Ally, GM investment
(DBN)

Alternate History of the Stimulus
(DBN)

The Rich Not Feeling Your Pain
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Wells Fargo Emerges as Target, Role Model in Foreclosure Probe
(DBN)

Moody's reviews Wells Fargo servicer rating after foreclosure fix
(DBN)

Foreclosure Mess Victims Cry Foul
(DBN)

Years to Clean Up Foreclosure Mess
(DBN)

Justice Pressures Servicers, Law Firms
(WSJ: separate paid subscription required)

Lawyer Forms Foreclosure Resistance Movement
(DBN)

One in five distressed homeowners at risk of losing home
(DBN)

Mortgage delinquencies are in 'serious trouble'
(DBN)

Florida courts see process server problems in foreclosure cases
(DBN)

Fixed mortgage rates edge higher; key variable rate drops
(DBN)

Banning Lewis developer files Chapter 11 bankruptcy
(DBN)

The Mozilo Method: Rob, Get Caught, Cut Deal, Die Rich
(DBN)

CWCapital In Charge of Peter Cooper Village/Stuyvesant Fate
(DBN)

Foreclosure Lawyers Go to Gardner's Farm for Edge on Lenders
(DBN)

Creditors win judgments against French, but will there be any money?
(DBN)

EpiCentre creditors ask court to forgo a review of finances
(DBN)

_____________

Mass Torts:

Firms Knew of Cement Flaws Before Spill, Panel Says
(DBN)

Halliburton shares tumble on spill report
(DBN)

Inquiry Puts Halliburton in a Familiar Hot Seat
(DBN)

Scientists to see if oil spill hurt deep sea life
(DBN)

U.S. Bankruptcy Court Confirms CIRCOR's Leslie Controls Subsidiary's Chapter 11 Reorganization Plan
(DBN)

______________

Autos:

General Motors Start Repaying Debt, Employee Obligations by $11 Billion
(DBN)

Weighing New GM's Resale Value
(DBN)

GM IPO: Buyer Beware
(DBN)

Can the U.S. Break Even on GM?
(DBN)

GM, Chrysler, Ford to update factories, add jobs
(DBN)

General Motors' History - Interactive Timeline - From Icon to Bankruptcy
(DBN)

GM Moves to Clean Up Its Books Before IPO
(DBN)

AutoNation projects long auto sales recovery
(DBN)

Saab Losses Widen for Spyker
(DBN)

______________

Baseball:

But Judge, Who Knew the Rangers Would Advance?
(DBN)

Rangers' World Series Win Could Mean $60 Million Lift
(DBN)

______________

Aviation:

British Airways Posts First Profit in Two Years on Rising Fares
(DBN)

______________

Politics:

Tea Party Arose From Conservative Crisis
(DBN)

Why Business Should Fear the Tea Party
(DBN)

Mayor sends out flier on opponent's bankruptcy
(DBN)

Barack Obama and the United States are both doing a little better than Americans seem to believe
(DBN)

______________

Telecoms:

Hawaiian Telcom Exits Bankruptcy With Reduced Debt
(DBN)

______________

Circus:

Circus that featured 'Sicko the Clown' files for bankruptcy
(DBN)

______________

Horticulture:

Grower On Thorny Slide To Bankruptcy
(DBN)

______________

Bankruptcy Crimes:

Woman in identity case indicted on bankruptcy fraud
(DBN)

______________

Religion:

`Papal Act' Set to Commit the Vatican to Money-Laundering Laws, EU Says
(DBN)

______________

Candles:

Co. burned financial wick at both ends
(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:

Wells Fargo, AmericanWest, Penn Traffic, Las Vegas Monorail
(DBN)

______________

Corporate Reform:

White-Collar Criminals May Invoke Age to Seek Lighter Sentences
(DBN)

Financial Industry Still Aims to Block Rules
(DBN)

Elizabeth Warren has office at an agency where she doesn’t work
(DBN)

U.S. Consumer Financial Protection Bureau hopes to attract consumer watchdogs
(DBN)

Elizabeth Warren: Too Bold to Fail?
(DBN)

Head of new consumer agency sees path
(DBN)

Warren Says Technology Can Prevent Industry `Capture' of Consumer Agency
(DBN)

______________

Lehman:

Lehman seeks bankruptcy judge's OK to pay bonuses
(DBN)

______________

Bankruptcy Reform:

ABA Letter re Bankruptcy Technical Amendments
(DBN)

______________

Banking:

Regulators Push Banks to Limit Reliance on Credit Ratings
(DBN)

Nomura Profit Falls Off a Cliff as Bank Expands
(DBN)

______________

Newspapers:

Tribune braces for competing bankruptcy plans
(DBN)

_____________

Food/Drink:

Attorney: E-Brands' Ch. 11 plan 'woefully deficient'
(DBN)

______________

Fraud:

Adler: I trusted Scott Rothstein
(DBN)

Paperless in Florida: Former Rothstein Partner Accounts for His Salary
(DBN)

______________

Aerospace:

Debt-free Sea Launch emerges from bankruptcy
(DBN)

______________

Biotech:

Accentia, Biovest emerge from bankruptcy
(DBN)

______________

Health Care:

Preferred Alternatives' bankruptcy affects hundreds of clients
(DBN)

______________

Hotels:

Iron Point Said to Buy Defaulted Moinian Debt Tied to New York's W Hotel
(DBN)

______________

Tax:

GAO Says IRS Private Debt Collection Study Flawed
(DBN)

______________

Video Rentals:

Movie Gallery wins OK to liquidate in bankruptcy
(DBN)

______________

Education:

College Tuition Goes Parabolic
(DBN)

______________

Gambling:

MGM, Dubai World Refinancing $1.8 Billion CityCenter Bank Loan
(DBN)

______________

Municipalities:

Pennsylvania officials push bankruptcy for Harrisburg
(DBN)

The best and worst state debt disasters
(DBN)

______________

Private Equity:

Cheap Debt Fuels Private Equity Revival
(DBN)

______________

Hollywood:

Lionsgate sues Carl Icahn
(DBN)

______________

Sovereigns:

Instability and Global Creditors
(DBN)

______________

UK:

Insolvency Service should make bankruptcy decisions
(DBN)

£10bn haul likely from Swiss accounts
(DBN)

______________

EU:

Europe Inflation Unexpectedly Quickens to 1.9%; Jobless Hits 12-Year High
(DBN)

______________

Germany:

German Unemployment Dips to 18-Year Low
(DBN)

______________

Japan:

Japan central bank keeps zero interest rate policy
(DBN)

______________

 

Please note that The Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that The Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive The Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when The Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $55/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase. Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address which is on our distribution list (if receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list). You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries).