September 3, 2010

The Daily Bankruptcy News

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Law:

3rd Circuit to Consider 'Prevailing Party' Fees Issue
(DBN)

Firm Says It Can't Be Sued for Not Realizing Marc Dreier Was a Criminal
(DBN)

Law Firms Line Up for 3G's $4 Billion Bite of Burger King
(DBN)

SmithAmundsen Expands Bankruptcy Practice
(DBN)

Checklist for Labor Day Weekend
(DBN)

Cross-Pond Firm Merger Details Begin to Emerge
(DBN)

Former Halliwells partners on the hook for further bank loans
(DBN)

Addleshaw Goddard in massive cash call from partners
(DBN)

UK lawyers protest Government's proposed cap on lawyer immigration
(DBN)

Bridging the divide - the first non-lawyer partners
(DBN)

Pa. Jury Awards $1.8 Million in Legal Malpractice Suit
(DBN)

Business Plan Basics for Starting a Law Firm
(DBN)

Advice For A New Biglaw Associate With A Family
(DBN)

Unprecedented DOJ Suit Seeks Documents From Sheriff Joe Arpaio for Civil Rights Probe
(DBN)

Zuckerman Fee Dispute Inches Forward
(DBN)

Hoskin Farina & Kampf Finds Cost-Effective DMS With Worldox
(DBN)

Defendant Denies Lawyer Was Signaling Witness by Covert Foot Tapping
(DBN)

The World Hates Lawyers: Mainstream Media Manages to Criticize Biglaw Summers AND Public Sector Lawyers in the Same Breath
(DBN)

Ex-Skadden Lawyer and Jacoby & Meyers Co-Founder Dies at 65
(DBN)

Attorney Possessed By Client's Deceased Wife
(DBN)

Getting in Law School Shape
(DBN)

Meet Miss England — She’s a Law Student!
(DBN)

Don't Taze My Granny!
(DBN)

Juror Gets Kicked Off, $250 Fine, and Assigned a 5-Page Essay on 6th Amendment
(DBN)

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Judges:

The Supreme Court Is Split on Apostrophes
(DBN)

Posing Judge Puts Away the Gavel — For Now
(DBN)

Court Raps Judge Over 'Moral' Views in Case
(DBN)

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Courts:

Ruling Could Clear Way for New Philly Family Court Building
(DBN)

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Wall Street:

Stock index futures dip ahead of payrolls
(DBN)

Stocks rise on economic hopes ahead of payrolls
(DBN)

SEC Said to Probe Possible Role of Canceled Trades in May Crash
(DBN)

Quit Whining Wall St, Nothing Has Changed
(DBN)

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Layoffs:

Jobless claims decline, but not enough
(DBN)

Gallup Says Underemployment Jumped In August
(DBN)

25% of Employed Were Jobless in Recession
(DBN)

Employment Boom?
(DBN)

It's Not Just the Jobs. It's the Jobs Machine.
(DBN)

White House considers pre-midterm package of business tax breaks to spur hiring
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Getting under the hood
(DBN)

Ex-car czar rear ends White House in new book
(DBN)

Obama on Detroit Big 3: 'Why can't they make a Corolla?'
(DBN)

AutoNation August sales fall 17 pct from 2009
(DBN)

Freep: GM will wait until after election to sell its IPO
(DBN)

Bad News Out of GM Is Not News at AP
(DBN)

Opel: GM's Achilles Heel for IPO
(DBN)

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Municipalities:

Harrisburg tense, on edge of bankruptcy
(DBN)

Harrisburg councilwoman suggests hiring bankruptcy lawyer
(DBN)

Bankruptcy on horizon for Pennsylvania capital
(DBN)

Municipal-Finance Advisers Required to Register With US SEC by Oct. 1
(DBN)

Atlantic City: A struggling city by the sea
(DBN)

All signs point to continuing Las Vegas exodus
(DBN)

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Corporate Reform:

Elizabeth Warren bails out of Harvard
(DBN)

Bernanke: Tough Rules, Enforcement Needed to Prevent New Financial Crisis
(DBN)

Bernanke, Bair Stress Importance Of Markets Overhaul
(DBN)

Bernanke: Ending 'too big to fail' is highest priority
(DBN)

Bernanke: Shut down banks if they threaten system
(DBN)

Government regulators slow to act on triggers of crisis, Bernanke says
(DBN)

Bair Says Dodd-Frank Could Prevent Replay of Financial Crisis
(DBN)

FDIC holds first in a series of roundtables on financial reform
(DBN)

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Health Care:

Officials have hope for future of Philipsburg hospital
(DBN)

Judge Blocks Lawsuit Seeking Public Access to St. Vincent's Financial Records
(DBN)

Diagnosing Medical Malpractice Coverage and Treatment in Health Care Chapter 11s
(DBN)

Arizona Heart Institute informs patients of bankruptcy filing
(DBN)

Healthcare costs: Employers push rising costs onto workers
(DBN)

______________

Hockey:

Possible buyer for Phoenix Coyotes surfaces
(DBN)

______________

 

 

Economy:

Pending Homes Sales Rise and Jobless Claims Dip
(DBN)

Orders to US Factories Increased Less Than Forecast in July
(DBN)

Strongest Job Recovery in Decades. Really?
(DBN)

Don't Look to Jobless Rate for Fed Hints
(DBN)

What if Bear, Lehman, and AIG Had Failed Today?
(DBN)

Bernanke:Expect Some Break-Upgrades, Less-Complex Financial Firms
(DBN)

Bernanke Empowered
(DBN)

Inflation, Deflation, Debt
(DBN)

V-Shaped Dreams Evaporate
(DBN)

Bernanke rues Fed's subprime failure
(DBN)

Murdoch: Global economy is still not out of turmoil
(DBN)

The 20 Richest People Of All Time
(DBN)

Could A Family Of Four Possibly Live On The Average Median Income These Days?
(DBN)

Economy Still Kicking, a Bit
(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:

Pending Sales of Existing Homes Unexpectedly Increase in July
(DBN)

A Dream House After All
(DBN)

U.S. 30-Year Mortgage Rate Declines to Record 4.32%
(DBN)

Serious HFA delinquencies decline in Q110: S&P
(DBN)

As Foreclosures Trickle Up, Hamptons Home Goes to Auction
(DBN)

Excessively delaying Fannie Mae foreclosures will now cost servicers
(DBN)

Distress Contributing to a 'Shaky Bottom' for CRE Sales, Pricing
(DBN)

Tenants, Landlords Could Face Dramatic Changes from New Lease Accounting Rules
(DBN)

Bernanke says stopping housing bubble was not an option
(DBN)

FHFA Establishes New Housing Goals for Fannie Mae and Freddie Mac
(DBN)

Court Battle Set Over Giant NYC Housing Complex
(DBN)

Housing Stocks Lift As Pending Sales Pick Up
(DBN)

Stuy Town locked in legal limbo
(DBN)

Lenders Race to Sell Stuyvesant Town
(DBN)

In Latest Battle for Control of Stuyvesant Town, the Tenants Are Wooed
(DBN)

N.J. builder Hovnanian quarterly loss higher than estimate
(DBN)

Jumbo Borrowers See Better Rates, Too
(DBN)

Cedar trustee awaits court OK on $2.85 million settlement with accounting firm
(DBN)

Issa losing more property
(DBN)

_____________

Avoidance Actions:

VeraSun to farmers: Pay us back
(DBN)

______________

Hotels:

US bankruptcy judge denies Innkeepers' sale plan
(DBN)

Owner of Landmark Hotel files for Chapter 11 bankruptcy
(DBN)

Court Rules in Favor of Lenders in Rosemont Hotel Case
(DBN)

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Lehman:

Bernanke Says He Wasn't Straightforward About `Myth' of Fed Saving Lehman
(DBN)

Bernanke says Fed had to let Lehman fail
(DBN)

Bernanke: Only Way To Save Lehman Was `To Break The Law'
(DBN)

Bernanke Could Have Saved Lehman, Just Didn't Think It Would Work
(DBN)

Bernanke regrets reticence on Lehman
(DBN)

Why Did Lehman Die and AIG Live?
(DBN)

The E-Mail That Should Have Saved Lehman Brothers
(DBN)

Bernanke Cites "Sadness" in Letting Lehman Fail
(DBN)

Bernanke: Lehman's Failure a Fait Accompli
(DBN)

Fuld Goes on the Offensive
(DBN)

Black Helicopters Still Buzz Over Lehman Carcass
(DBN)

Two Lehman Banks Face Failure
(DBN)

Barclays Didn't See $5 Billion Gain on Bankrupt Lehman Loan, Witness Says
(DBN)

5 Billion Lehman Discount Would Have Required 'Collusion' -Witness
(DBN)

Lehman Japan gets court nod for liquidating
(DBN)

______________

Retailing:

US Retailers Depended on Discounts in August
(DBN)

Retailers report surprising August sales gains
(DBN)

Borders' net loss widens
(DBN)

______________

Banking:

Broken banks, durable delusions
(DBN)

Wilmington Trust Appointed to Unsecured Creditors' Committee in Corus Bankshares, Inc. Bankruptcy Case
(DBN)

______________

Gambling:

NYC Off-Track Betting goes to tougher plan 'B'
(DBN)

______________

Ratings Agencies:

Moody's yields to N.J. and other states on indemnification requirement
(DBN)

______________

Video Rentals:

Blockbuster misses another bond payment
(DBN)

______________

Religion:

Cupich faces dwindling diocese fund; churches at risk in Spokane
(DBN)

______________

Aviation:

Plenty of turbulence after Mexicana airline shutdown
(DBN)

Mexican Government Sets December Goal For Airline Mexicana
(DBN)

Big Island businesses brace for JAL fallout
(DBN)

Airline Era Ends as Carriers Cull 50-Seat Jets 'Nobody Wants'
(DBN)

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New Bankruptcy Opinions
(3 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:

Bankruptcy filings fell 8 percent to 127,028 in August from the previous month
(DBN)

Miami-Dade personal bankruptcies rise 74%
(DBN)

______________

Miscellaneous:

Lehman, AbitibiBowater, Black Crow, W Union Square: Bankruptcy
(DBN)

______________

Sales:

Before selling to a Chapter 11 debtor, make sure the debtor is authorized to pay you
(DBN)

______________

Plan Confirmation:

Designation of Chapter 11 Plan Vote by a Buyer of Loans
(DBN)

______________

Oil/Gas:

BP says oil spill cost up to $8bn
(DBN)

BP begins removing cap from Gulf well
(DBN)

BP Says Limits on Drilling Imperil Oil Spill Payouts
(DBN)

Rig workers worry about their jobs
(DBN)

Shallow-water platform fire raises wider questions on oil safety
(DBN)

Gulf of Mexico Blaze Shakes Oil Industry
(DBN)

Former Enron unit bounced back
(DBN)

Oil platform explosion is in marked contrast with BP disaster in Gulf of Mexico
(DBN)

______________

Fraud:

Madoff investors oppose payments to bankruptcy trustee
(DBN)

Class Blames Citicorp for $20M Ponzi
(DBN)

Star witness in Petters case sentenced to 1 year
(DBN)

What Difference Does it Make that Paulson "Instructed" Lewis Not to Disclose the Fed Backstop of the BofA/Merrill Deal?
(DBN)

Former London Philharmonic FD ‘facing jail’ over fraud
(DBN)

Denny Hecker: To jail next week?
(DBN)

Ex-HomeGold CFO released
(DBN)

Dirty Money Probe Circles Globe
(DBN)

______________

Cross-Border:

Bernanke: Cross-Border Issues Pose Challenges For Bank Wind-Downs
(DBN)

______________

Newspapers:

Tribune Gets Mediator
(DBN)

Brown Publishing asks to sell assets to lenders
(DBN)

______________

Insurance:

No bypass of bankrupt firm's retention to access excess cover
(DBN)

How Ambac's Future Might Unfurl
(DBN)

______________

Nightlife:

CBGB Seeks Approval of Guitar Hero Deal
(DBN)

______________

Celebs:

Brunell addresses creditors
(DBN)

Brunell tells court he's unsure about Jets' job
(DBN)

Quaid residence up for auction
(DBN)

Sell Championship Ring to Pay $130K Legal Bill, Judge Tells Ex-Rams Player
(DBN)

How Desperate Is Wesley Snipes to Stay Out of Jail?
(DBN)

______________

Credit Cards:

Card Debt Continues To Drop
(DBN)

______________

UK:

Bankers' bonus tax failed, admits Alistair Darling
(DBN)

British service-sector growth loses momentum
(DBN)

Royal Bank of Scotland Plans to Cut 3,500 Jobs
(DBN)

Tories abandon insolvency reform plans
(DBN)

UK government looking to replicate Chapter 11 US regulations
(DBN)

______________

EU:

ECB's Trichet sees domestic demand spurring growth
(DBN)

______________

Canada:

Quebec offers lifeline to a deadly industry
(DBN)

______________

France:

Theolia Plummets in Paris Amid Mounting Losses, Erosion of Cash Position
(DBN)

______________

China:

Home Prices in China to Decline Starting From September, BNP Paribas Says
(DBN)

______________

Australia:

James Hardie asbestos fund 'at risk' after ruling
(DBN)

______________

Greece:

Athens shops pull down shutters on recovery hopes
(DBN)

______________

Afghanistan:

Karzai's brother calls for U.S. to shore up Kabul Bank as withdrawals accelerate
(DBN)

______________

Romania:

Romanian Premier Ousts Finance, Economy Ministers
(DBN)

______________

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