April 20, 2011

The Daily Bankruptcy News

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Law:

Evidence That Students At Top Schools Are Also Getting Crunched By The Weak Job Market
(DBN)

Is Cravath Getting Soft?
(DBN)

New Largest Minority-Owned Law Firm Snags Yoss Remnants
(DBN)

Law Firms Should Follow Army’s Lead, Try Resilience Training, Psych Expert Says
(DBN)

Madoff trustee wants $43 million more in pay
(DBN)

Anatomy Of A Small-Firm Website
(DBN)

Office Space
(DBN)

Evaluating the Counteroffer — Should You Stay or Should You Go? (Part 5)
(DBN)

New Parents at O’Melveny Get Free Life-Transitions Coach
(DBN)

Real Life ‘Blue’ and a Pushy Prof Spice Up Life At T50 Law School
(DBN)

UK Regulatory Authority Warns Consumers About Mystery Manhattan Law Firm
(DBN)

Firms Investing in Marketing as Survey Shows Rise in PR Salaries
(DBN)

Lawyer Steps In to Help Woman Attacked During Hearing in Judge’s Chambers
(DBN)

Widow of Cleveland lawyer to get more than $10 million
(DBN)

JD of the Future: Law School Leaders Meet to Divine How Degrees Will Be Earned and at What Cost
(DBN)

Law Firm Dangles iPad Prize for Those Who 'Like' Its Facebook Page
(DBN)

Law Firm Accused of Revealing Reality Show Winners
(DBN)

Indianapolis Law Dean Illustrates How Indy’s ‘Invisible Man’ Was Merely Blind
(DBN)

Point and Shoot: Middle-class Caucasian men on the brink of extinction in the workplace?
(DBN)

Judge Rules: DieHard vs. DieHard
(DBN)

Lawyer Plays Himself in New Reality TV Show
(DBN)

"The Good Wife" - Will Alicia stay or will she go?
(DBN)

Do Lawyers Use Law Firms?
(DBN)

Berkshire Hathaway, Madoff, Credit Industriel in Court News
(DBN)

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Judges:

Judge Prosser Claims Win in Wisconsin
(DBN)

Wife of Jailed Ex-Judge Appeals Home Forfeiture, Seeks 3rd Circuit Ruling Protecting Her Interest
(DBN)

Pistol-Packing, Pot-Smoking Judge Fixes to Keep His Job
(DBN)

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Wall Street:

Stock index futures signal gains
(DBN)

Markets Are Booming All Around The World
(DBN)

How the Major Stock Indexes Fared Tuesday
(DBN - NY Times - Paywall Limit Possible)

Goldman Sachs Shares Fall on Earnings-Sustainability Concern
(DBN)

New Goldman Buzzword: “Client”
(DBN)

Wall Street Is No Longer Paved With Goldman
(DBN)

Goldman Wants You to Ignore Its Traders
(DBN)

Goldman is up to its old tricks
(DBN)

Goldman's Profits Fall 72%
(DBN)

Goldman Sachs Compensation Falls
(DBN)

Goldman's Wings Clipped By Low Leverage, Few Opportunities
(DBN)

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Layoffs:

Big US Companies: Hire Abroad, Fire At Home.
(DBN)

McDonald's hiring day draws crowds, high hopes
(DBN)

Fla spends taxpayer money to buy 'super-hero capes' for unemployed
(DBN)

In most states, job markets show signs of life
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Compensation:

CEO pay up 23% in 2010
(DBN)

'Runaway CEO Pay' Could Support 102,000 Jobs, AFL-CIO Says
(DBN)

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Corporate Reform:

Treasury Will Resist Efforts to Slow Dodd-Frank Implementation, Wolin Says
(DBN)

Two unreasonable women
(DBN)

Warren still candidate for consumer agency: Geithner
(DBN)

Dodd-Frank overhaul not hurting Goldman yet
(DBN)

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Finance:

Capmark Files Proposal to Exit Bankruptcy as Bank Owner
(DBN)

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Marine:

Trico Announces Extension of Exchange Offer and Consent Solicitation
(DBN)

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Municipalities:

Detroit Pension Boards Sue Governor Over Emergency Powers
(DBN)

Cash-strapped NJ city lays off 25% of police force
(DBN)

JeffCo sewer receiver expects painful process
(DBN)

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Lehman:

Here's How Lehman Should Have Gone Down
(DBN)

Lehman's Last Paintings Up for Sale
(DBN)

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Receivership:

Opportunities for Creditors Under the Revised Receivership Act
(DBN)

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Bankruptcy Crimes:

Pennsylvania Man Sentenced for Bankruptcy Fraud
(DBN)

______________

Cruise Ships:

Ambassadors International Wins Approval to Conduct Auction
(DBN)

______________

Health Care:

NMT Medical says to liquidate assets
(DBN)

______________

Resorts:

Key hearing for Peek'n Peak set for May 24
(DBN)

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Turnarounds:

Brincko Group Hires Phelps to Lead Chicago Office
(DBN)

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Tax:

Fraudulent Tax Returns Up 181%
(DBN)

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Gambling:

OTB Space Sitting Empty
(DBN)

______________

Economy:

Unemployment Falling Broadly Across US
(DBN)

Geithner disagrees with S&P on debt outlook
(DBN)

Poll shows Americans oppose entitlement cuts to deal with debt problem
(DBN)

US Deficit by the Numbers
(DBN)

Comparing Debt Loads Across Nations
(DBN)

Wait Until the Debt Ceiling Kicks in
(DBN)

A Republican Congressman Who Worries About Medicare Cuts
(DBN)

What Retirement Savings Tax Breaks Cost Us
(DBN)

Inflation Destroys Real Wages
(DBN)

Rich People Still Don't Realize They're Rich
(DBN - NY Times - Paywall Limit Possible)

Gold Hits $1,500
(DBN)

Debt Hits New High: $14.3 Trillion
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

IMF Structural Adjustment for US - Write Down Mortgages
(DBN)

Georgia Joins Dissenters Opposing Writedown Plan in State Foreclosure Deal
(DBN)

Banks Kept Waiting for Terms of U.S. Foreclosure Accord as States Divided
(DBN)

On Principal Writedowns and Moral Hazard: Do We Want to Put Out the Fire or Not?
(DBN)

California bankruptcy court rules against MERS
(DBN)

The Race to Erase Property Recording Mistakes
(DBN)

Florida 'rocket docket' court told to respond to ACLU claims
(DBN)

Home-Builder Confidence Is Slipping
(DBN)

Shadow Inventory Undermining All Major Metro Markets
(DBN)

Sales of Existing Homes in U.S. Probably Increased in March
(DBN)

Housing: On pace for Record Low Completions in 2011
(DBN)

US new home permits rise 11% in March
(DBN)

National delinquency rate drops again in March
(DBN)

Fewer California homeowners received default notices in first quarter
(DBN)

San Diego defaults up 34% in March
(DBN)

Phoenix-area foreclosure sales dip, but is it a turnaround?
(DBN)

Architecture Billings Index little changed in March
(DBN)

Fannie, Freddie foreclosure preventions drop for fifth-straight month
(DBN)

Foreclosure Doesn't Mean Rental Rejection
(DBN)

Texas House passes bill requiring more disclosures from mortgage servicers
(DBN)

Mortgage servicing arm costs Goldman nearly $220 million in 1Q
(DBN)

Housing sector bounces along the bottom, sideways
(DBN)

U.S. home construction quickens in March
(DBN)

FRB: Proposes Rule - Ability to Repay
(DBN)

Fed Proposes Minimum Mortgage Standards
(DBN)

Moody's downgrades more than $10 billion in prime jumbo RMBS
(DBN)

Maronda's woes not unique
(DBN)

Mastro trial starts
(DBN)

Mastro bankruptcy trial opens with offer to settle
(DBN)

Jury convicts exec in $3B mortgage fraud case
(DBN)

In the Aftermath of the Housing Bubble: A Tale of Three Stuys
(DBN)

Rich Real Estate Developer's Bankruptcy Rant
(DBN)

Blackstone Leads Record Real Estate Push as Biggest Buyout Firms Diversify
(DBN)

Commercial real estate makes up 77% of troubled loans at failed banks
(DBN)

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Fraud:

Berkshire, Buffett Sued by Shareholder Over Sokol's Lubrizol Trading Gains
(DBN)

Madoff investors' lawsuit against SEC thrown out
(DBN)

Madoff trustee seeks $43.2M for four months' work
(DBN)

Madoff Trustee Charges $175 Million to Recover $7.6 Billion
(DBN)

Madoff Trustee's Recovery Is $7.6 Billion, Not $10 Billion
(DBN)

Whatever Happened To All Those Madoff Movies?
(DBN)
w

Lawyer unraveling Ponzi scheme seeks extension
(DBN)

Galleon Ex-Trader Zvi Goffer, Brother Plead Not Guilty to New Indictment
(DBN)

Ex-Taylor Bean chairman found guilty of fraud
(DBN)

______________

Defense:

US defense cos brace for tight budgets
(DBN)

______________

Aviation:

Higher airfare starts to cool travel demand
(DBN

More relief for airline passengers announced
(DBN)

Airline Passengers May Get $1,300 for Bumped Flights, U.S. Says
(DBN)

Air-Traffic Snoozers Risk Sky-Hop Wakeup
(DBN)

______________

Autos:

GM stock lower amid report of quick govt sale
(DBN)

GM Chief: Parts Shortage Unlike to Halt Its Output
(DBN)

Supply chain biggest near-term challenge
(DBN)

UAW Said to Seek Early Agreements in Contract Talks With US Automakers
(DBN)

Saab Inks Deal With Swedish Debt Office On Liquidity Woes
(DBN)

Toyota reduces UK car production
(DBN)

Toyota to cut China output by 50-70% until June 3
(DBN)

Toyota Cuts Deeper Into North American Production
(DBN)

______________

Food/Beverage:

Coffee Bean Seeks Repayment From Harry & David
(DBN)

______________

Credit Counseling:

FTC Files Contempt Charges Against Credit Repair Firm
(DBN)

______________

Oil/Gas:

NuStar acquires assets of AGE Refining in Texas
(DBN)

______________

Symphonies:

Symphonies' Sorrow: If Philadelphia Orchestra can't make it, who can?
(DBN)

______________

IP:

Surplus Nortel addresses could aid terrorists, court told
(DBN)

______________

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)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

Capmark, Satmex, Townsends, Philadelphia Orchestra: Bankruptcy
(DBN)

______________

Bankruptcy Statistics:

Decline in Business Bankruptcies Due to Freer Credit, Observers Say
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Alternatives:

Petitions for bankruptcy alternative rising sharply
(DBN)

______________

Plan Confirmation:

Wrapping up Gifting
(DBN)

______________

Litigation:

First Quarter 2011 Corporate and Securities Litigation Report Released
(DBN)

______________

Claims Trading:

Value of U.S. bankruptcy claims traded jumped in Q1
(DBN)

______________

Bankruptcy Procedure:

Judge Carey reminds us: in a bankruptcy, following the proper procedure matters
(DBN)

______________

Banking:

Regional Banks Say Loan Growth Falls Short
(DBN)

Bank failure leads to insolvency at Superior Bancorp
(DBN)

Regulatory arbitrage of the day, Citigroup edition
(DBN)

______________

Mail:

Bowe Bell & Howell Seeks Bankruptcy , Sells Itself to Versa to Pay Debts
(DBN)

______________

Trustees:

Jensen reappointed to bankruptcy panel
(DBN)

______________

Celebs:

Trump: A "master at restructuring"
(DBN)

No charges against ex-Met Dykstra in stolen car case
(DBN)

______________

Retailing:

Hey, Malls Here! Get Your Used Malls Here!
(DBN)

______________

Mass Torts:

Gulf fishermen fight for compensation
(DBN)

One year since Gulf spill, 'Who's in charge?'
(DBN)

A Year After the Spill, "Unusual" Rise in Health Problems
(DBN)

BP's Gulf of Mexico oil spill bill could hit $60bn, Moody's warns
(DBN)

Spill's Toll on Oil Output Grows Clearer
(DBN)

______________

Sovereigns:

The global sovereign debt crisis will last the entire decade and the U.S. will cap it off
(DBN)

17 Countries Facing An Economy Crushing Demographic Crisis
(DBN)

China warns US to protect creditors
(DBN)

______________

UK:

Bankruptcy costs set to sky-rocket
(DBN)

Two-thirds of UK businesses taking a harder line against debtors but compulsory liquidations continue to fall
(DBN)

London and Northern Ireland identified as debt hotspots
(DBN)

Appointment of Administrators - 19 April 2011
(DBN)

Winding Up Petitions - 19 April 2011
(DBN)

______________

Canada:

Canada inflation hits 30-month high
(DBN)

Picking Peter’s pocket to pay Paul
(DBN)

______________

Germany:

Temp Work Booms in Germany, to Labor's Chagrin
(DBN)

Proposed reform of the Insolvency Code creates a favourable environment for turnaround investments in Germany
(DBN)

______________

PIIGS:

Greece Sells Its T-Bills, but Yield Is Steep
(DBN)

Greece Debt Buybacks Raised by Merkel's Economic Adviser
(DBN)

Portuguese Banks Expect Debt Targets
(DBN)

Quinn Cites Reliance On Banks For Collapse
(DBN)

Spain sees solid demand for bonds, yields rise
(DBN)

______________

Mexico:

Bankrupt Satmex Bonds to Yield Above 10% in Restructuring
(DBN)

______________

New Zealand:

Peculiar twists in bankruptcy cases
(DBN)

______________

MENA:

UK Secret Memos: Iraq Was About Oil
(DBN)

Syrian Forces Fire on 20,000 Protesters
(DBN)

Assad lifts 50-year-old 'emergency' law over Syria
(DBN)

Dubai ruler's firm said to have bigger debt woes
(DBN)

______________

Japan:

Quantifying Impact of Japan Disasters on the Rest of Asia
(DBN)

Tepco to Start Compensating Evacuees From Near Stricken Nuclear Reactors
(DBN)

______________

Estonia:

Luterma, Estonian Food Producer, Declared Bankrupt by Court
(DBN)

______________

Cuba:

Cuba ends meal ticket as reforms get nod
(DBN)

______________

Iceland:

The Island That Ran Out Of Money
(DBN)

______________

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Copyright 2011