September 22, 2010

The Daily Bankruptcy News

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Law:

Tribune Judge Tells Creditor Panel to Resolve Law Firm Dispute
(DBN)

Pass the Popcorn: MGM Saga Keeping At Least Five Firms Busy
(DBN)

Slaughters acts for Liverpool FC as US owner targets debt refinancing
(DBN)

Dewey, Mark Cuban Must Fight Insider-Trading Case After All
(DBN)

At Empire State Building, a 40th Floor Squatter
(DBN)

Firms Decry Impact of Proposed Loss Reporting Rule on Corporate Clients
(DBN)

Associate Salaries Bouncing Back. . . But is BigLaw?
(DBN)

Forced Pro Bono: But is it Legal?
(DBN)

Unemployed law grad asks Obama if American Dream is dead
(DBN)

Law School Grad: Obama Didn't Answer My 'American Dream' Question
(DBN)

Why Have Federal Civil Jury Trials Basically Disappeared?
(DBN)

Buying Your Way Out of Jury Duty? Not Here
(DBN)

LL.M.: Like Losing Money?
(DBN)

50 Years Later, Harper Lee’s ‘Mockingbird’ Still a Cautionary Tale for Our Times
(DBN)

Former Leader Of Cadwalader Quietly Retires
(DBN)

Lawyer and His Wife Explain Why They Gave Up Their Adopted Daughter
(DBN)

Law Prof: I’m Not ‘Super Rich’ Enough for Higher Taxes
(DBN)

Earning $250,000 Does Not Make You Rich, Not in My Town
(DBN)

A Guide for Lawyers Who Lust
(DBN)

Ex-Kirkland Partner Takes Unusual Detour Before Joining New Firm
(DBN)

Remote Meetings via iPad for Lawyers
(DBN)

Toyota Attorney Sanctioned for Frivolous Appeal
(DBN)

Don't Rely on Law Firm Rankings in Job Searches
(DBN)

Former client sues Bickel & Brewer in attempt to keep fee dispute out of arbitration
(DBN)

Inflatable novelty distributor sues Locke Lord, wants fees disgorged
(DBN)

Prosecutor Fights Effort to Boot Him from Triple-Murder Case, Due to Book Deal
(DBN)

Lawyer Drops Caffeine Insanity Theory in First Day of Trial
(DBN)

The ‘Sexting’ Prosecutor, Ken ‘I Am the Prize’ Kratz: Does He See Dead People — On a Date?
(DBN)

Lawyer Gets 2 Days in Jail for Snorting Coke at Courthouse During Client’s Trial
(DBN)

Harley-Riding Lawyer Helps Abused Pets
(DBN)

Fake Florida Doctor Arrested After Using “Fix-a-Flat” For Cosmetic Surgery
(DBN)

Attorney Disciplined Over Real Estate Loan Made to Client, Pending Tort Case Recovery
(DBN)

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Judges:

Porteous impeachment trial resumes with testimony from John Mamoulides
(DBN)

Judge's Impeachment Trial Proves Embarrassing for BigLaw Senior Counsel
(DBN)

Impeachment panel ends testimony on judge
(DBN)

Judge Thomas Porteous impeachment vote expected after Thanksgiving
(DBN)

Justice Ginsburg Chats About Balancing Career & Family When Her Children Were Small
(DBN)

NY Judges Allowed to Discuss Their "Personal Grooming"
(DBN)

Complaint Alleges Judicial Candidate Misrepresented Bar Record
(DBN)

Special court of review hears Judge Sharon Keller’s motion to dismiss
(DBN)

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Wall Street:

European Stocks Retreat as Santander, Daimler Decline; US Futures Slide
(DBN)

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Layoffs:

Abbott to cut 3,000 jobs
(DBN)

Textron's Cessna Unit to Cut 700 Jobs, Jet Production
(DBN)

Unemployment in SC jumps to 11 percent
(DBN)

Unemployment rises in 27 states last month
(DBN)

The disconnect between productivity and hiring
(DBN)

The nasty politics of 10 percent unemployment
(DBN)

'Survival job' may be necessary in long-term joblessness
(DBN)

How to Survive a Layoff
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Rattner Says Government May Recoup Investments in General Motors, Chrysler
(DBN)

GM IPO to show if repayment possible
(DBN)

Former Delphi exec settles SEC case
(DBN)

U.S. bailout watchdog will review GM IPO
(DBN)

Jim Chanos: We're Repeatedly Rewarding Failed Business Decisions
(DBN)

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Utilities:

Fortress Asks Bankruptcy Court to Hold Up Boston Generating Auction Plan
(DBN)

Boston Generating's Debt Valued at 96.75 Cents
(DBN)

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Lehman:

Paulson Group Demands More Work on Lehman Bank Rescue
(DBN)

Lehman Asks Court Approval for $445 Million Accord With Societe Generale
(DBN)

Lehman's holds $10m art firesale
(DBN)

Lehman Bros. shows at least fine art pays
(DBN)

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Hedge Funds:

Mortgages, Sovereign Debt Appeal to Hedge Funds as Big Bankruptcies Slow
(DBN)

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Consultants:

KPMG Continues to Add Restructuring Talent
(DBN)

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Equipment Rental:

Neff Rental, Inc. Receives Approval of Prearranged Chapter 11 Plan
(DBN)

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Banking:

FDIC to Vote on How to Liquidate Firms
(DBN)

Parsing "Private Equity"
(DBN)

Banks yank perks
(DBN)

______________

Education:

College by the Numbers: Is a Degree Worth It?
(DBN)

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Accounting:

Vault’s New Accounting 50 Ranking Has Plenty of Surprises
(DBN)

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Economy:

U.S. household net worth drops
(DBN)

US Government 'hiding true amount of debt'
(DBN)

Munger: Be glad for bank bailouts
(DBN)

Fed's Concern Over Inflation Broadens Rationale for More Easing
(DBN)

Summers to Leave White House After Election
(DBN)

Summers Move Lets Obama Alter Economic Team
(DBN)

Fed shows openness to new steps to boost economy, but takes no action
(DBN)

Interest Rates: Bernanke's Dangerous Gamble
(DBN)

Poll; Americans Want Deficit Cuts
(DBN)

Amid Bush Tax Cut Debate, Obama Tax Cut Quietly Nears Expiration
(DBN)

Largest tax increase ever? Not quite
(DBN)

Corporate Credit Risk Benchmark in US Rises After Fed Meeting
(DBN)

USA Loses No. 1 to Brazil-China-India Market
(DBN)

Sign of the Times: CFOs Living on Franks and Beans
(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:

Housing Starts Increase, Permits Lag
(DBN)

Home-Price Outlook Brightens, Sort Of
(DBN)

Homebuilding industry years away from recovery
(DBN)

30-year, fixed rates reach another low at 4.25%
(DBN)

Rates are Low--Where Are All the Refis?
(DBN)

New mortgage disclosure rules being mulled
(DBN)

Life After the Home Buyer Tax Credit
(DBN)

Where Homeowners Are Slashing Asking Prices The Most
(DBN)

Foreclosure, REO sales account for 67% of Phoenix home buying
(DBN)

Bank of America permanent HAMP mods drop 18.6% in August
(DBN)

Where Did HAMP Go Wrong?
(DBN)

Stalled subdivisions: Mosquitoes, coyotes instead of swimming pools
(DBN)

CMBS Revival Marks Step Toward Recovery
(DBN)

IStar Said to Weigh Pre-Packaged Bankruptcy Filing Next Year
(DBN)

Judge rules First National mortgage in default, rejects proposed receiver
(DBN)

Creditors battle to put developer into bankruptcy
(DBN)

Killeen Plaza shutters, firing employees and stranding residents
(DBN)

Mortgage Default Rate Drops
(DBN)

Stigma On Mortgages Defaults? Not For Commercial Real Estate Owners.
(DBN)

More On GMAC/Ally Foreclosures
(DBN)

Providence Piers owner files for bankruptcy
(DBN)

Banks Closed by FDIC Last Week Had High CRE Concentrations
(DBN)

CRE investment gearing up, but analysts don't expect comeback until 2012
(DBN)

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Newspapers:

Hearing on Eve of Tribune Co. Bankruptcy Mediation to Explore ‘Conflicts’ of Creditors’ Lawyers
(DBN)

For a Few, Papers Seem a Timely Bet
(DBN)

Randy Smith, the 'vulture' investing in US newspaper publishers
(DBN)

2nd auction of newspapers likely to bring same result
(DBN)

______________

Food/Drink:

Darden same-restaurant sales weak
(DBN)

______________

Fraud:

Ready, Set, Sue
(DBN)

Countrywide CFO's Defense: What About the Lawyers?
(DBN)

Stanford victims pursue answers
(DBN)

Mark Cuban's inside-trading case revived
(DBN)

Denny Hecker: Pawn show and school records sought
(DBN)

Durham's art, car go to auction
(DBN)

2 Get Prison for Complex $100M Mortgage Scam in NY
(DBN)

Woman pleads guilty in Disney insider trading case
(DBN)

Bailout Fraudsters Beware: The TARP Narcs Are Coming
(DBN)

Fair Finance case deadline extended
(DBN)

SEC Files Fraud Complaint in $21M Real Estate Lending Scheme
(DBN)

______________

Politics:

Bankruptcy Talk Dogs Candidates on Campaign Trail
(DBN)

Economic Slump Hit Candidates, Too
(DBN)

Nathan Deal left off child's bankruptcy filing
(DBN)

Bankruptcy filing by Nathan Deal’s daughter, son-in-law excluded GOP candidate’s name
(DBN)

Should Deal's personal finances matter?
(DBN)

Miller acknowledges getting farm subsidies
(DBN)

_____________

AIG:

A.I.G. Nears Sale of 2 Units to Prudential Financial
(DBN)

______________

Consumer Debt:

S&P/Experian Index Shows Auto Defaults Continue to Rise
(DBN)

______________

Payroll Services:

Judge to Brian Whitfield: 'Get religion'
(DBN)

______________

Publishing:

Thompson Publishing files for bankruptcy
(DBN)

______________

Soccer:

Is European football eating itself
(DBN)

______________

Debt Collection:

Collection Tactics Lead Some Debtors To Jail
(DBN)

______________

Insurance:

Judge: Liquidate Johnston insurer
(DBN)

Executive Protection: Private Company D&O Insurance
(DBN)

Directors and officers liability rates fall 16.4%
(DBN)

______________

Celebs:

Randy Quaid, Wife Found Squatting in Their Old House, Busted for Burglary
(DBN)

"Real Housewife" Faces Real Consequences in Bankruptcy
(DBN)

______________

Gambling:

Majestic Star files for reorganization
(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)

______________

Miscellaneous:

Lehman, Abitibi, Ultimate Escapes, Sea Island: Bankruptcy
(DBN)

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Bankruptcy Reform:

Senate Judiciary to Mark Up Small Business Bankruptcy Bill
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Corporate Reform:

The Washington Post's "qualms" about Elizabeth Warren
(DBN)

Keep pressure on Obama to empower Warren
(DBN)

Consumer Financial Protection Bureau holds first open forum to discuss policy
(DBN)

______________

Video Rentals:

Is Hollywood Going Down with the Blockbuster Ship?
(DBN)

Video stores are struggling for survival
(DBN)

______________

Aviation:

American Airlines: Time to Change Flight Plan
(DBN)

______________

Finance:

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

______________

Hollywood:

Producers in bid for MGM
(DBN)

______________

Avoidance Actions:

VeraSun trustee plays rough on 'preferential' grain payments
(DBN)

Solvency Analysis in Preference Litigation
(DBN)

______________

Derivatives:

CTFC, Business Clash on Derivatives Rules
(DBN)

______________

Municipalities:

Municipal bankruptcy fears overblown, official says
(DBN)

Harrisburg city council set to vote on financial consultant
(DBN)

High-paid city officials in Bell, CA arrested
(DBN)

Recession Over, but California Still Struggles
(DBN)

Recession Over? Not for Ohio
(DBN)

______________

UST:

Judy A. Robbins Appointed U.S. Trustee
(DBN)

______________

Student Debt:

Default Rates on Student Loans Rise
(DBN)

Loan Default Rates at Prominent Online Universities
(DBN)

______________

Retailing:

$60M saves Rock & Republic from scrap heap
(DBN)

Stores Scramble to Accommodate Budget Shoppers
(DBN)

______________

Cross-Border:

Decision Clarifies Scope of Chapter 15 'Stay' of Non-U.S. Lawsuits
(DBN)

Almatis refinancing stokes 'forum shopping' debate
(DBN)

______________

UK:

BOE Signals Moving Closer to More Stimulus as Growth Slows
(DBN)

Government considering further taxes on banks
(DBN)

Britain's Fraud Police Said to Widen Fund Probe
(DBN)

U.K. Court Clarifies COMI in Dispute Involving U.S., Antigua
(DBN)

UK tops EU league for gap between savings and comfortable retirement
(DBN)

Britain warns against hasty derivatives rules
(DBN)

Watchdog reveals scathing report of smaller audit firms
(DBN)

PwC accused of conflict issues in Keydata administration
(DBN)

Research shows sharp post-crunch rise in UK arbitration and mediation
(DBN)

______________

Canada:

American Bankruptcy Law Doctrines in Canadian Insolvency Law
(DBN)

Creditors approve AbitibiBowater plan of reorganization
(DBN)

Abitibi Pays Premium to Emerge From Bankruptcy
(DBN)

______________

Ireland:

Irish sell $2B in bonds as eurozone debt fears ebb
(DBN)

Query over €15m transfer to secure FitzPatrick family loan
(DBN)

Anglo will not seek to replace official assignee in FitzPatrick bankruptcy
(DBN)

The Bad Financial Luck of the Irish
(DBN)

Anglo Irish Bank Bailout Clouds Cowen's Future After Successful Bond Sale
(DBN)

FitzPatrick bankruptcy case to resume at High Court
(DBN)

______________

Vatican:

Vatican Hit by Money Laundering Probe
(DBN)

Italian police seize $30M from Vatican in probe
(DBN)

Holy See 'perplexed' by probe against Vatican Bank chief
(DBN)

Vatican bank head blames "error" for probe
(DBN)

______________

New Zealand:

Gold bullion seized in NZ insolvency first
(DBN)

______________

Australia:

Consumer debt 'hits record levels'
(DBN)

______________

Middle East:

ACI Investors May Have To Pay Back Early Profit
(DBN)

______________

Romania:

Romania Needs to Borrow $7.9 Billion in 2011
(DBN)

______________

Iceland:

Icelandic Bank Crisis Offers Insight into Global Financial Meltdown
(DBN)

______________

 

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