October 8, 2010

The Daily Bankruptcy News

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Law:

Boies Schiller Sued by Former Client Over Fees
(DBN)

Inside the Brief, Bizarre Courtship of Akin and Orrick
(DBN)

Beauty Contest for Lead Lawyers in BP Oil Spill Suit Reels In ‘All the Big Fish’
(DBN)

N.J. Law Firm Starts 1-Year Apprentice Program
(DBN)

Law Firm "Apprentices:" They're Like Associates, Only Shorter, Sorta
(DBN)

With Merger Complete, New Firm Signals Growth Strategy With Spate of Partner Hires
(DBN)

Steptoe's Burger Battle Continues
(DBN)

The Private Equity-Bank-Government Nexus Continues to Be On Fire
(DBN)

Plaintiffs Firms Hit With Rule 11 Sanctions in Dismissed Securities Class Action
(DBN)

Who Are the Top Plaintiffs Lawyers?
(DBN)

Can You Be a Lawyer and Also be Happy?
(DBN)

Law Firm’s Website Warns Clients: We Aren't Perfect and We Don’t Work Weekends
(DBN)

"And please do not sue us for malpractice. We warned you at the outset that We make mistakes
(DBN)

Halliwells' £4m rent dispute drags on after mediation impasse
(DBN)

3,000 high street firms face closure
(DBN)

Another Virtual Law Firm Allows Lawyers to Work Less, Earn More
(DBN)

Tips on Networking Within Your Firm to Advance Your Career
(DBN)

The Young Ones
(DBN)

Can You Earn a Fat Paycheck With a Fat Ass?
(DBN)

New BigLaw Caste System Is Bad News for Associates, Consultants Say
(DBN)

BigLaw’s New Reality: Nervous Partners and Tiers of Associates
(DBN)

UK Has a New Lawyer-Complaints Czar: The Legal Ombudsman
(DBN)

Law Schools Calling Off Evening Classes in Sluggish Economy
(DBN)

Why Can't Johnny Practice Law? The legal education system has broken the Social Contract
(DBN)

What’s Wrong With Your Law Firm Bio?
(DBN)

Bathroom Etiquette for Lawyers
(DBN)

College Kid Gets $23,800 in Damages Over Expulsion for Wearing Short Dress
(DBN)

Painful Rolfing Massages Attract Adherents, Including a Shearman Partner
(DBN)

Lawyer Who Pleaded Guilty to DWI and Left Accident Scene Is Admonished
(DBN)

BigLaw: How to Dbag-Proof Your Office and Yourself
(DBN)

Lawyer Sentenced to 22 Years for Nigerian Oil Scam
(DBN)

Firm takes on poo-based class action
(DBN)

Court: Metadata in Citizen’s E-Mail Is Public Record, Justifying Search of Official’s Home Computer
(DBN)

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Judges:

Justice Breyer on Originalism, the Media and the Court
(DBN)

Alito Is a ‘One-Justice Delta Force,’ CBS News Reporter Says
(DBN)

Setting Limits on Sarcasm in the Courtroom
(DBN)

Judge Jugs Lawyer for Staying Mum During Pledge of Allegiance
(DBN)

Judge Censured for Mishandling Criminal Cases
(DBN)

NBC Bombs with Show on Fed-Up Supreme Court Justice
(DBN)

Federal Judge Upholds Constitutionality of Health-Care Law
(DBN)

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Wall Street:

Stock futures slip
(DBN)

UK Stocks Decline as Barclays, Fresnillo, Sage Shares Slide in London
(DBN)

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Layoffs:

No job? We don't want you!
(DBN)

Unemployment Rate Ticks Up To 10.1% According To Gallup
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Finally, a back-to-school bounce for retailers
(DBN)

Luxury clothier merges with bankrupt San Francisco retailer to boost profits
(DBN)

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Distressed Investing:

Investors in heated battle for distressed assets
(DBN)

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Fraud:

Madoff Feeder Funds Must Face Securities Claims From Investors
(DBN)

Petters receiver seeks millions from former Fingerhut CEO
(DBN)

Judge to Denny Hecker: Pay up, right now
(DBN)

Allen Stanford Seeks Change of Venue
(DBN)

Informant Dwek faces cross-examination by Ridgefield mayor's attorney
(DBN)

Former N.Y. State Comptroller Pleads Guilty to Taking Kickbacks in Pay-to-Play Scandal
(DBN)

The Notary Fraud Condonation Act of 2010
(DBN)

Suit against Stream Energy reignited
(DBN)

Beware schemes that invest in death
(DBN)

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Student Debt:

Bankruptcy Protection Bill for Private Student Loans Advances in Congress
(DBN)

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Hotels:

Hilton owner got payments from hotel
(DBN)

Gross 'mismanagement' cited at Hilton
(DBN)

Lightstone returns to hotel investing
(DBN)

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Economy:

Unemployment claims drop, while job openings rise
(DBN)

Unemployment rate may rise despite three-month low in new jobless claims
(DBN)

2009 Job Losses Likely Bigger Than Thought
(DBN)

Stocks, US Futures, Oil Fall on Jobs Concern; China Rallies
(DBN)

Why Does America Always Seem to Be in Decline?
(DBN)

Dollar Falls to 15-Year Low on Speculation Fed to Buy More Debt
(DBN)

Mood Not There for International Currency Accords, IMF's Strauss-Kahn Says
(DBN)

Refinancing wave to catch out weak companies
(DBN)

Treasury Secretary Timothy Geithner's stature and influence at the White House increase
(DBN)

For the Good of the Economy, You Should Spend Money You Don’t Have
(DBN)

Story behind firms' huge cash holdings
(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:

Wilbur Ross sees mortgage uncertainty
(DBN)

Government Oversight Chairman Seeks Nationwide Foreclosure Freeze
(DBN)

Biden wants foreclosure freeze in Delaware
(DBN)

Texas Suspends Sales Of Foreclosed Properties As Well As Foreclosures
(DBN)

Sen. Shelby demands Banking Committee investigation into robo-signers
(DBN)

DC Waking Up to Escalating Foreclosure Train Wreck: Grayson Calls for FSOC to Examine Foreclosure Fraud as Systemic Risk
(DBN)

Obama comes through on foreclosure issue: what's next?
(DBN)

President Obama won't sign notary bill, sends back to Congress
(DBN)

Sponsors of notary bill: No connection to robo-signing issue
(DBN)

Boiler Rooms and Foreclosure Mills: A Brief History of America's Mortgage Industry
(DBN)

The Foreclosure Mess MBS Hate Triangle Emerges: Junior Versus Senior Bondholders Versus Servicers
(DBN)

Putting the Foreclosure Paperwork Scandal in Perspective
(DBN)

In foreclosure controversy, problems run deeper than flawed paperwork
(DBN)

Mortgage Rates at Record Lows
(DBN)

A tough market for those seeking mortgages
(DBN)

Mortgage Rates, Bankruptcy: Hot Trends
(DBN)

Lenders average 19,000 NY pre-foreclosure notices a month
(DBN)

Calif. AG Sues 2 Companies, 3 Attorneys & Others for $60M, Says Homeowners Duped Into Suing Banks
(DBN)

UTJ's Teaneck building to go back on auction block
(DBN)

Owners of apartment-to-condo conversions feel the burn of mangled economy
(DBN)

Banks face fresh crisis: How to be a REIT
(DBN)

_____________

Celebs:

Quaid building returns to former owner
(DBN)

Toni Braxton files for bankruptcy
(DBN)

Toni Braxton's -- Bankruptcy Chic
(DBN)

Toni Braxton: My Vegas Show Broke Me
(DBN)

Television star charged in stock scheme
(DBN)

Larry Hagman wins $11 million payout from Citi
(DBN)

Lawsuit: Donny Osmond: Devious, Greedy
(DBN)

______________

Directories:

Phone directory firms seen struggling
(DBN)

______________

Politics:

Santa Clara County Government Attorneys' Association to Release Documents Demonstrating San Jose Mayor's Handpicked Council Candidate Filed Bankruptcy Using an Alias
(DBN)

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Litigation:

The Price of Discovery in New York Courts
(DBN)

Highlights From the Masters Conference
(DBN)

Tobacco Litigation, Quiet Nationwide, is Booming in Florida
(DBN)

______________

Newspapers:

Was Sex the Problem at the Tribune?
(DBN)

______________

Aviation:

Bid to end Livemercial Aviation bankruptcy contested
(DBN)

______________

Food/Drink:

Brewery and wineries file Chapter 7 bankruptcy
(DBN)

______________

Lehman:

Court grants leave to appeal in Lehman Dante case
(DBN)

_____________

Banking:

Nomura Selling $1 Billion Barclays Stake in Abu Dhabi Hedge
(DBN)

Barclays biggest faller as Abu Dhabi takes profits
(DBN)

Banks Play Their (Credit) Cards With PE Buyers
(DBN)

What's left for WaMu
(DBN)

______________

Accounting:

Regulator could bar European auditors practicing in US
(DBN)

Accounting rules will disclose off-balance sheet activity
(DBN)

Big Four won't become big five soon: Deloitte chief
(DBN)

There Are Some Cranky McGladrey Mofos in Minneapolis
(DBN)

Will Ernst & Young Be the Next Firm to Get a Makeover?
(DBN)

______________

New Bankruptcy Opinions
(2 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)

______________

Bankruptcy Statistics:

PA: Bankruptcy filings continue to rise in the region
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Alternatives:

More out-of-court restructurings seen
(DBN)

______________

Miscellaneous:

General Growth, Inquirer, American Safety Razor: Bankruptcy
(DBN)

A Guide to the Bankruptcy Law of the United States
(DBN)

______________

Examiners:

Lawyers say examiner reports cost too much
(DBN)

______________

DIP Finance:

Restructuring loans hard to get without fee deals
(DBN)

GE Capital sees DIP market rising slightly
(DBN)

______________

Corporate Reform:

Elizabeth Warren’s Hands Tied in Payday Lending Oversight
(DBN)

______________

Hollywood:

MGM seeks lender approval for bankruptcy
(DBN)

MGM studio prepares for prepackaged bankruptcy
(DBN)

Spyglass proposes MGM reorganization plan, including prepackaged bankruptcy
(DBN)

______________

Gambling:

Casinos roll dice and lose
(DBN)

Trump-Icahn Bankruptcy Pact OK'd but Bondholders' Legal Fees Unresolved
(DBN)

Union OKs more than 500 job cuts for New York City OTB
(DBN)

______________

Debt Collection:

FTC Solicits Comments on Proposed Policy To Clarify Debt Collection from Decedents
(DBN)

Single-Member LLC Will Not Shield Debtor's Assets from Judgment Creditor
(DBN)

______________

Horticulture:

Hines Nursery announces potential layoffs, bankruptcy
(DBN)

______________

Health Care:

US Loses More Ground in Life Expectancy
(DBN)

White House Lets Firms Dodge Health Care Rules
(DBN)

Madison Center defaults on $58 million in bonds
(DBN)

St. Vincent's Hospital deal cleared
(DBN)

______________

Autos:

S&P rates GM credit above Ford's
(DBN)

______________

Furniture:

Jennifer Convertibles to close stores
(DBN)

______________

Municipalities:

Jeb Bush Warns of Greece-Like Crisis for Municipalities
(DBN)

US states beat corporates on credit risk - Moody's
(DBN)

Fiscal Condition of Nation's Cities Gloomy
(DBN)

The City That Sacked its Staff
(DBN)

L.A. Bankruptcy Inevitable, Though Probably After Mayor Antonio Villaraigosa Leaves
(DBN)

California budget plan relies on accounting maneuvers
(DBN)

A tale of two counties
(DBN)

Panel Weighed for Florida Bridge Default
(DBN)

______________

Resorts:

Chandler's historic resort in financial trouble
(DBN)

______________

UK:

UK banks seen speeding loan sell-offs
(DBN)

Winding Up Petitions - 7th October 2010
(DBN)

______________

EU:

Trichet warns on volatility as ECB, BOE hold pat
(DBN)

The ECB's exit strategy gets the austerity treatment
(DBN)

German export drop adds to worries over strong euro
(DBN)

______________

Middle East:

KPMG sees Dubai debt talks dragging on
(DBN)

______________

China:

Chinese stocks leap 3%
(DBN)

Moody's May Upgrade China As It Downgrades The World
(DBN)

China to rely on domestic demand for economy growth
(DBN)

______________

Germany:

Ex-Arcandor CEO Middelhoff's Home Searched in Probe Linked to Bankruptcy
(DBN)

______________

Japan:

Japan Corporate Bankruptcies Fall 15.2% In H1 FY2010
(DBN)

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