September 15 , 2010

The Daily Bankruptcy News

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Law:

Legal Hiring Expected to Increase Fourth-Quarter; Bankruptcy, Litigation Most Active Areas
(DBN)

A Wild Day in Tribune Case, Especially for Chadbourne
(DBN)

U.S. News Launches First Official Law Firm Rankings
(DBN)

Best Vendors of 2010: The Winners Are In
(DBN)

New System of Ranking Law Firms Draws Mixed Reviews
(DBN)

In-House Salary Survey: 2010 Not the Year of the Little Guy
(DBN)

Kasowitz Benson’s Benevolent Dictatorship
(DBN)

Arbitrators Confirm Quinn Emanuel's Fee in Facebook Settlement
(DBN)

Pillsbury Winthrop Associate Found Dead in Apparent Murder-Suicide
(DBN)

AmLaw Associates Survey 2010
(DBN)

Bosses at BigLaw Firm Give Themselves a Huge Raise
(DBN)

A&O financial report reveals 43% senior management earnings hike
(DBN)

Departures From Billing Standards Lead to Loss of $424,000 in Fees
(DBN)

Pillsbury Winthrop Tax Attorney May Have Been Victim of Domestic Murder-Suicide, Authorities Say
(DBN)

EU’s Top Court Rejects In-House Attorney-Client Privilege
(DBN)

Ex-Quinn Litigator Leaves New Job at Greenberg Traurig to Go Solo
(DBN)

Family-Friendly Policies May Be ‘Double-Edged Sword’
(DBN)

How to Negotiate for Better Compensation After a Low-Pay Job Offer
(DBN)

Repeat Performance: Four Law Firms Make Working Mother’s Top 100 List
(DBN)

A Year Later, Law Firm Startups Find Solid Ground
(DBN)

WilmerHale Asks Judge to Toss Gay Activist’s Pared-Down Malpractice Suit
(DBN)

Marriage Not Fiduciary Relationship
(DBN)

Summer of Our Discontent: Disgruntled Grads Flaming Law Schools Online
(DBN)

Most Schools Would Like Law School Transparency to Just Go Away
(DBN)

Latham Launches iPhone App for Deal Lawyers
(DBN)

Judge Orders DNA Tests for City Officials in Ballot Fraud Case Over Alternative Party Primary
(DBN)

Sex with Client’s Spouse Is a Per Se Legal Ethics Violation
(DBN)

Maybe a Girl's Got To Be Manipulative
(DBN)

'Sh*t Law Jobs': Your Portal to Finding the Work You Don't Want
(DBN)

Would You Confess to a Crime You Didn't Commit?
(DBN)

Trial Begins in Husband vs. Bear Mistaken Identity Case
(DBN)

Underpants Bomber Fires Lawyers
(DBN)

Plaintiff asked to stop suing Bush, Plato and Somali pirates
(DBN)

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Judges:

Breyer: Court isn't '9 junior varsity politicians'
(DBN)

7th Circuit Blasts Judge for Comments on Hitler’s Dog, Illegal Aliens
(DBN)

Judge Thomas Porteous impeachment trial continues with testimony by Louis Marcotte
(DBN)

Senate Schedule Proves Challenge for Impeachment Trial
(DBN)

In impeachment trial, workers say they gave trips, gifts to judge
(DBN)

McCaskill praises iPad as tool for handling trial documents
(DBN)

Judge of the Day: Rudolph Randa
(DBN)

Scalia Gives Big Tobacco $270 Million Reprieve
(DBN)

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Courts:

Judicial Conference OKs Limited Experiment with Cameras in District Courts
(DBN)

The Long Beach Courthouse . . .
(DBN)

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Wall Street:

U.S. stock -market futures edge lower
(DBN)

Wall St flat as banks offset retail gains
(DBN)

JPMorgan Moves Credit-Default, Commodities Swaps to Subsidiary
(DBN)

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Layoffs:

Dem aides could face massive layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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AIG:

AIG, US repayment talks advancing
(DBN)

AIG Plots End to U.S. Aid
(DBN)

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Sanctions:

Sanctions Awarded Under the Bankruptcy Court's 'Inherent Authority'
(DBN)

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Newspapers:

Bankruptcy sale of Philly newspapers in danger
(DBN)

Philadelphia Inquirer Buyer Said to Cancel Purchase, Forcing New Auction
(DBN)

Tribune Co. creditors tell judge firm can't be trusted to sue over LBO
(DBN)

Eisner downplays reports he may run Tribune
(DBN)

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UCC:

Risk Losing Your First Priority Lien if You Provide Superfluous Information in the UCC Financing Statement
(DBN)

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Retailing:

Retail sales rise in August
(DBN)

Best Buy Reports 60% Rise in Income
(DBN)

CIT Group survey shows positive retail outlook for next 12 months
(DBN)

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Payday Lending:

Report Blames Big Banks for Payday Loan Growth
(DBN)

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Celebs:

Harassment-Suit Plaintiffs Face Off Over Chreky Settlement
(DBN)

Brunell plan to be filed soon
(DBN)

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Pigeons:

Pigeon King's home to be auctioned to pay off creditors
(DBN)

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Privacy:

Bankruptcy judge orders personal info destroyed
(DBN)

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Economy:

U.S. Retail Sales and Business Inventories Top Forecasts
(DBN)

Fed Wrestles Over Next Steps
(DBN)

Taxing the Wealthy: A Historian's Perspective
(DBN)

Blue Dogs Seek Tax-Cut Extension
(DBN)

Boehner Fires Back at White House Over Tax Hikes
(DBN)

Theo Lubke to quit current job at NY Fed
(DBN)

Goldman: Fed May Announce New Asset Purchases in November
(DBN)

Stocks, Treasuries, Gold Gain on Fed Bond-Purchase Speculation
(DBN)

IMF fears 'social explosion' from world jobs crisis
(DBN)

Global Wealth Gap Narrows
(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:

Landlords Successful in Obtaining Stub Rent as an Administrative Expense Under Section 503
(DBN)

Housing inventory up in August, as prices slip
(DBN)

Homeownership Study: Renting Often a Better Choice Financially Over the Last Three Decades
(DBN)

California foreclosures up four-straight months with 16.6% rise in August
(DBN)

FBI crackdown on fraudulent mortgages may underestimate scope of problem
(DBN)

Why Housing Will Come Back
(DBN)

EpiCentre defends itself as 'careful stewards'
(DBN)

Morgan Stanley Sued by China Development Over Losses on CDO Investment
(DBN)

Buildings Devoted to One Industry Fare Better in Tough Market
(DBN)

Judge Dismisses Baltimore Blight Suit Against Wells Fargo, Will Allow Refiling
(DBN)

Purchase origination volume pushes profits for mortgage bankers: MBA
(DBN)

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Autos:

‘Old G.M.’ Struggles With the Scraps of a Bankruptcy
(DBN)

Auto-Parts Deals Near Record Pace as Buyout Firms, Ross Invest
(DBN)

Amid Blight and Scavenging, 'Old GM' Plants Linger
(DBN)

GM Inquiry Focuses on Delphi Pension Motive
(DBN)

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Small Business:

Bill to Aid Small Businesses Advances in Senate
(DBN)

What’s Holding Back Small Businesses?
(DBN)

GM Inquiry Focuses on Delphi Pension Motive
(DBN)

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Finance:

JPMorgan's Dimon sees lending costs rising
(DBN)

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Oil/Gas:

Department of Justice expects to sue oil companies in gulf spill
(DBN)

In Advance of Hearing, Parties in BP Litigation Already Feuding
(DBN)

Assessing the After-Effects of the BP Oil Spill
(DBN)

BP walks back its role in the gulf oil spill
(DBN)

Reinsurers float 20-billion-dollar plan for BP-type blowout
(DBN)

BP, Partners Say Most Victims Not Yet Entitled to Sue
(DBN)

UK Lawmakers to Quiz BP's Hayward on `Witch Hunt' After Spill
(DBN)

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Steel:

Nucor: Steel business is slowing, profit falling
(DBN)

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Avoidance Actions:

Sellers Beware—Unauthorized Payments from 'Cash Collateral' Will be Avoided
(DBN)

An LLC Member/Manager is an 'Insider,' so that Payments Are Preferential Transfers Subject to Avoidance Up to One Year Prior to Bankruptcy Filing
(DBN)

Meeting for farmers who received VeraSun letters
(DBN)

Trustee to Petters Workers: Show Me the Money
(DBN)

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Lehman:

Lehman Brothers Defies Bankruptcy to Become a Business Again
(DBN)

Lehman Bros. and the Transformation of BarCap
(DBN)

After 2 yrs, Lehman haunts W Street rebuilding efforts
(DBN)

Maria Bartiromo's Book Is a Fly on the Wall During Lehman's Fall
(DBN)

Lehman Lawyer on Lack of Bailout: "I Did Not Think Such a Stupid Decision Could Be Made"
(DBN)

How did Lehman's collapse affect the world of finance?
(DBN)

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Accounting:

Defense of Imputation of an Agent's Bad Conduct to its Principal Clarified in Pennsylvania; Independent Auditor at Risk for $1 Billion in Damages
(DBN)

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Boating:

Riviera Marine seeks US bankruptcy protection
(DBN)

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Consultants:

FTI Consulting offers $350 million in senior notes
(DBN)

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Litigation:

Third-Party Litigation Financing: It's Time to Let Clients Choose
(DBN)

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Religion:

Belgian Church Explains Lack of Clear Apology
(DBN)

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Personal Bankruptcy:

Jernigan on Reaffirmations
(DBN)

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Hotels:

Queens Plaza hotel developer files for Chapter 11 bankruptcy
(DBN)

Morgans Hotel Group Wins Loan Extension From Wachovia
(DBN)

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Resorts:

Trial to determine Tamarack lien priorities begins
(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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Miscellaneous:

Philadelphia Newspapers, Colonial, Abitibi, Tronox, Chemtura: Bankruptcy
(DBN)

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Bankruptcy Statistics:

Baby Boomers Disproportionately Represent in Bankruptcy Proceedings
(DBN)

Unrelenting: FL bankruptcies still rising
(DBN)

Georgia bankruptcy rates drop
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Corporate Reform:

Obama eyes options for naming Warren as regulator
(DBN)

Warren "in the mix" for consumer financial agency
(DBN)

What's the Hold-up on Elizabeth Warren?
(DBN)

White House eyes Elizabeth Warren for Wall Street consumer watchdog post
(DBN)

Financial regulation: The money moves on
(DBN)

EU commission warns Basel 3 interferes with Dodd-Frank
(DBN)

New Banking Reforms: Too Little, Too Late
(DBN)

Basel Ignores Too Big to Fail Question
(DBN)

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Corporate Governance:

Companies May Fail, but Directors Are in Demand
(DBN)

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Banking:

BofA must be less volatile, streamlined - CEO
(DBN)

Bank Of America warns of new fees after financial 'reforms'
(DBN)

Bank of America wants to step up 'cross-selling'
(DBN)

Bank Of America CEO Says Bank's Growth Will Come From Abroad
(DBN)

Chase's Online Banking Outage
(DBN)

Creditors take aim at $20 mln paid to WaMu's ex-CEO
(DBN)

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Interest:

Court Affirms the Contractual Default Interest Rate Where the Debtor is Solvent
(DBN)

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Municipalities:

Pennsylvania Cities See Harrisburg-Like Woes
(DBN)

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IP:

The Third Circuit Expands the Substantial-Performance Test to Determine if a Trademark License Contract is Executory
(DBN)

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Gambling:

Trump Entertainment's chief financial officer resigns
(DBN)

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Health Care:

Victor Valley Community Hospital files for bankruptcy
(DBN)

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Fraud:

Body armor chief guilty of $190 million fraud
(DBN)

Disbarred Attorney Gets Nearly 11 Years for Role in Ponzi Scheme
(DBN)

Madoff Trustee Picard Wins Court Approval for $34.6 Million Fee
(DBN)

Madoff trustee hires Mishcon
(DBN)

Trustee Overseeing Ponzi Case Not Impressed With The Scam
(DBN)

Citigroup: No 'Villain' in $75 Million SEC Subprime Settlement
(DBN)

______________

Committees:

Innkeepers Preferred-Share Holders Ask for Committee
(DBN)

______________

Examiners:

Delaware Bankruptcy Court Finds Appointment of Examiner Not Required Every Time the Statutory Debt Threshold is Exceeded
(DBN)

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Pensions:

Court Breaks from Majority Rule, Granting Retirees Post-Petition Rights Greater than Pre-Petition Rights
(DBN)

Delphi retiree pensions to be reviewed
(DBN)

PBGC takes over New York hospital system pension plan
(DBN)

______________

Education:

Ivy League education: No longer worth it?
(DBN)

______________

Paper:

Newsprint maker says it's on way out of bankruptcy
(DBN)

Workers' sacrifices help rescue AbitibiBowater
(DBN)

______________

Tax:

US Chamber of Commerce Accused of Tax Fraud
(DBN)

______________

UK:

Unemployment claimant count rises unexpectedly
(DBN)

Why are the Brits So Excited About Austerity?
(DBN)

______________

EU:

Economic Data Support View of Slowdown in Europe
(DBN)

Europe Proposes Rules to Help Steady Markets
(DBN)

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Greece:

Young Greeks Seek Options Elsewhere
(DBN)

______________

Middle East:

ACI files for bankruptcy on property funds
(DBN)

______________

New Zealand:

Figures show total insolvencies on rise
(DBN)

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