October 6, 2010

The Daily Bankruptcy News

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Law:

Survey: Summer Associates Still in Recession's Grip
(DBN)

New Round of Layoffs Hits Husch Blackwell
(DBN)

BigLaw Flunks
(DBN)

Do Post-Recession Law Firms Look Any Different?
(DBN)

First, Take a Shower
(DBN)

Ex-Weil Gotshal Lawyer Decided There Was More to Life After ‘Messy’ Case
(DBN)

Richards Kibbe & Orbe Adds Bankruptcy Partner
(DBN)

Young Turk Takes the Reins at Proskauer Rose
(DBN)

White & Williams to Shutter Pittsburgh Office
(DBN)

The Rajaratnam Madness Begins With Concerns About...Akin?
(DBN)

"Knowledge Economy: Indian citizens are apparently very knowledgeable about the U.S. legal system"
(DBN)

"Outsourced:" It's Not a Sitcom, It's BigLaw Just Did to Your Job
(DBN)

How to Have It All
(DBN)

Growth of Consumer Debt Litigation Keeps Small Firms Busy
(DBN)

Some Lawyers Try New Health Trend, the ‘Exercise Commute’
(DBN)

Convicted and Fired BigLaw Partner Wants New Trial
(DBN)

Do You Love to Argue? Are You a 'Law Zombie'? Yale Law School Is Not Impressed
(DBN)

Batman May Have Been a Yale Law Grad
(DBN)

Think of the Law Firm as Finishing School
(DBN)

Law Dean Points to Encouraging Labor Report, But Paralegal Deans Should Be Happier
(DBN)

At Least One Person at the ABA Is Aware That New Law Schools Make No Sense
(DBN)

What Do Attorneys Wish Their Paralegals Knew?
(DBN)

Proposed Texas Ban on Sex with Clients Is Subject of Hot Debate
(DBN)

Texas Tries to Block Lawyers from Getting Their Freak on With Clients
(DBN)

Can a man exonerated of capital murder sue the prosecutor who convicted him?
(DBN)

Mel Gibson’s Celebrity Goodwill Hunted
(DBN)

"The Good Wife" - Theme of Survival Hammered
(DBN)

Cosmo’s Bachelor of the Year Contest — Featuring Hot Law Students and a Lawyer!
(DBN)

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Judges:

What Can We Glean From Justice Kagan’s First Day on the Bench?
(DBN)

Ransom Argument--Not Very Edifying
(DBN)

After Judge & Prosecutor Clash, His Removal is Sought On 455 of Her Cases
(DBN)

Courts Deal With Fallout of Judge's Arrest on Drug and Gun Charges
(DBN)

Judge's hometown, legal community stunned by arrest
(DBN)

Supreme Court Docket Has a 9th Circuit ‘Flavor’
(DBN)

ABA President to Senate: Confirm 16 Judges Now
(DBN)

All Federal Circuit Vacancies Now Have Nominees, but Quick Confirmation Unlikely
(DBN)

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Wall Street:

Stock futures point to higher open on Wall Street
(DBN)

Global Stocks Rally
(DBN)

Bank sues Goldman over toxic CDO
(DBN)

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Layoffs:

Dim Outlook for Holiday Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Education:

$100 Million for Columbia Business School From Kravis
(DBN)

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Food/Drink:

Judge dismisses $56M lawsuit tied to Twinkies-maker's bankruptcy
(DBN)

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Celebs:

Ex-Komet files bankruptcy
(DBN)

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Accounting:

McGladrey to Pay SEC Settlement for Sentinel Audits
(DBN)

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Credit Counseling:

Boca debt relief firm slapped with lawsuit
(DBN)

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Mining:

Griffin Coal Expects Final Bids Next Month, Wins Bankruptcy Extension
(DBN)

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Newspapers:

At Flagging Tribune, Tales of a Bankrupt Culture
(DBN)

How Frat Boy Hijinks Helped Screw the Tribune Co. .
(DBN)

USATODAY's overhaul cuts 35 newsroom positions
(DBN)

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Television:

Crime Dramas Boost ION Media’s Post-Bankruptcy Ratings
(DBN)

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Finance:

CIT Group to Pay More High-Cost Debt Left From Bankruptcy
(DBN)

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Retailing:

Costco profit rises, beating expectations
(DBN)

Holiday Sales Hinge on Discounts
(DBN)

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Economy:

Treasury Sees 2010 Deficit at Nearly 10% of US GDP
(DBN)

Warren Buffett: Let Wall St. CEOs and Wives Go Broke
(DBN)

Financial bailout cost pegged at $50 billion
(DBN)

Auto bailout loss $17B
(DBN)

Banking Risks Increase as More Funding Pressures Loom, IMF Says
(DBN)

Banks Open Spigot
(DBN)

Is the Fed playing with fire?
(DBN)

Economic Stress Declined in August
(DBN)

Treasury Releases Retrospective Report On TARP Program
(DBN)

Fact checking TARP's cheerleaders
(DBN)

Aon Sells More Salary Advice in ‘Great, Early Sign’ for Economy
(DBN)

Middle Class Cuts Back on Booze
(DBN)

Consumers Indicate Spending Stagnation
(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:

Strapped Mansion Owners Rent Out Rooms
(DBN)

Manhattan Office Vacancy Rate Hits Six-Year High
(DBN)

CMBS delinquency rate tops 9% for first time in September
(DBN)

Why House Prices Will Fall Another 20%
(DBN)

Foreclosure Freeze Gives Banks Breathing Room
(DBN)

Pelosi calls for federal inquiry on mortgage lenders
(DBN)

AG asks for halt to foreclosures
(DBN)

Texas AG steps in to stop foreclosures
(DBN)

Foreclosures go forward, despite Texas AG's moratorium push
(DBN)

California Democrats call for investigation into loan modification and foreclosure practices
(DBN)

Foreclosure Furor Rises; Many Call for a Freeze
(DBN)

JPMorgan, Bank of America Face `Hydra' of State Foreclosure Investigations
(DBN)

The accidental Main Street bailout?
(DBN)

Foreclosure follies slap taxpayers again
(DBN)

Foreclosure moratorium would only put off pain, housing analysts say
(DBN)

Walking on mortgage is no underwater escape hatch
(DBN)

Ackman StuyTown parley
(DBN)

The bankruptcy bug
(DBN)

‘Substantial Part’ of ‘Substantial Losses’ at Fannie, Freddie Will Be Offset
(DBN)

S&P Downgrades $2.04 Billion More Of CDOs On Subprime Woes
(DBN)

General Growth names 9-member board
(DBN)

Namvar Pleads Not Guilty to Wire Fraud
(DBN)

Mortgage Investors Set for More Pain
(DBN)

Builders Move Beyond McMansions
(DBN)

Foreign Buyers Picking Up Cheap US Housing
(DBN)

New Hampshire to hold new investigative hearing on failed mortgage firm following guilty pleas
(DBN)

Lawsuits allege fee-splitting at Prommis, LPS
(DBN)

30-year FRMs hit record low at 4.16%
(DBN)

Bank of America exits first mortgage wholesale business
(DBN)

64,393 HAMP failures resolved with short sales, deeds-in-lieu
(DBN)

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Fraud:

Ex-French trader must pay $6.7 billion for fraud
(DBN)

Kerviel Says He Feels `Crushed' by $6.8 Billion Societe Generale Verdict
(DBN)

Rogue Traders: A Greatest-Hits Album
(DBN)

Hecker Trustee Seeks to Question Mercedes Dealers
(DBN)

Petters Group Bankruptcy Trustee Sues Ark Royal to Recoup $1.2 Million
(DBN)

Hedge fund faces $5.1B clawback in Petters case
(DBN)

Petters receiver seeks $105.4M clawback from Arrowhead Capital Management
(DBN)

The Big TARP Fraud Chase
(DBN)

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Credit Cards:

American Express Sinks for Second Day on U.S. Antitrust Case
(DBN)

What the Justice Department Credit Card Suit Means for You
(DBN)

ABA: Bank card delinquencies on the decline
(DBN)

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Health Care:

Johnson Memorial Hospital emerges from bankruptcy
(DBN)

Lower Bucks Hospital gets more time for reorganization plan
(DBN)

Health Care’s Uneven Road to a New Era
(DBN)

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Municipalities:

New Jersey's Christie Sets Oversight Plan With Atlantic City
(DBN)

Covanta Energy Sues Harrisburg Over $1.9 Million In Missed Payments
(DBN)

JeffCo. Commission President now backs bankruptcy option
(DBN)

Illinois Pays More Than Mexico as Cash-Strapped States Sell Bonds Overseas
(DBN)

Firefighters let home burn to ground because owner hadn't paid $75 fee
(DBN)

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Religion:

Judge overturns contempt order against diocese
(DBN)

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Oil/Gas:

Law Giving BP Cleanup Responsibility Created ‘Cognitive Dissonance,’ Admiral Says
(DBN)

US Reopens Nearly 3,000 More Square Miles Of Gulf To Fishing
(DBN)

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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)

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Venue:

The Chapter 11 Challenge to Delaware
(DBN)

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Miscellaneous:

Vegas Monorail, Abitibi, Black Crow, Broadstripe: Bankruptcy
(DBN)

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Tax:

Tax Trial Jury Hears Developers Are Liars, Scapegoats
(DBN)

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Bonds:

Buffett hints at bond bubble
(DBN)

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Avoidance Actions:

Bankruptcy Expert: Judge's Rulings Create Hurdles For Creditors
(DBN)

Neb. co-op says it won't have to repay VeraSun
(DBN)

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Politics:

Richmond Mayor Gayle McLaughlin criticized for bankruptcy filing
(DBN)

DC's online voting system hacked, plays college fight song after each vote
(DBN)

Tidal Wave of Outside Money Hits Elections
(DBN)

Who Owns Congress?
(DBN)

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Autos:

Ford CFO: The Turnaround Has Ended
(DBN)

Ford to Can Dealers for Lincoln Revival
(DBN)

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Aviation:

EasyJet Jumps Most in 20 Months as Profit Beats Target
(DBN)

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Pensions:

PBGC takes wheel of liquidated auto-parts maker’s plan
(DBN)

PBGC Assumes Responsibility for the Plastech Exterior System Pension Plan
(DBN)

GAO to probe handling of Delphi pensions
(DBN)

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Resorts:

Second Bidder Seeks Control Of Sea Island Co.
(DBN)

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Theater:

Philadelphia theater files for bankruptcy
(DBN)

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Corporate Reform:

Mavericks of financial regulation: Still a long way to go
(DBN)

Elizabeth Warren on the “Hacked at” Middle Class
(DBN)

Generation, Gap
(DBN)

S.E.C. Puts New Shareholder Rules on Hold
(DBN)

Obama Signs Law Limiting SEC Protection From FOIA Requests
(DBN)

Is the FDIC Staking Out Its Territory or Extending Its Borders?
(DBN)

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Cross-Border:

Cross-border insolvency: recognition of foreign proceedings and enforcement of judgments issued in those proceedings
(DBN)

SDNY Narrows the Extraterritorial Reach of the Automatic Stay Available under Chapter 15 of the Bankruptcy Code for a Debtor in a Foreign Main Proceeding
(DBN)

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Banking:

IMF warns of more bail-outs; Banks' $4 trillion debts are 'Achilles' heel
(DBN)

The Smaller They Are, The Harder They Fall
(DBN)

Has Your Bank Turned Its Back on You?
(DBN)

Gov’t Report: 66 Struggling Banks Got Bailout Money Through ‘Healthy’ Bank Program
(DBN)

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Lehman:

Lehman in Jakarta
(DBN)

Have We Learned Anything?
(DBN)

What If?
(DBN)

And What If?
(DBN)

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Litigation:

Harvesting Evidence From the Sea of Text Messages
(DBN)

Firms Struggle to Keep ESI Policy Up to Date
(DBN)

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UK:

English Court Enforces as an English Judgment a U.S. Bankruptcy Court Judgment
(DBN)

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EU:

Europe Exports Spur Growth as Consumer Spending Rises Less Than Estimated
(DBN)

EU Retail Sales Decline in August
(DBN)

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Germany:

German Manufacturing Orders Jump
(DBN)

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Japan:

A Losing Battle for the Bank of Japan
(DBN)

A New Bid to Prop Up Economy Brings Shrugs in Japan
(DBN)

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