April 21, 2011

The Daily Bankruptcy News

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Due to Good Friday, The Daily Bankruptcy News will not publish on April 22, 2011
 

Law:

Bonus Watch: Vinson & Elkins Takes Spring Bonuses to Texas
(DBN)

And you thought you billed a lot of hours….
(DBN)

McGuireWoods Sued For Malpractice in Bankruptcy Case
(DBN)

Weil Gotshal to broaden global practice following McKinsey review
(DBN)

Pillsbury Loses Appeal for Fee Reimbursement in 'Bitter Feud' with Former Client
(DBN)

Kelley & Ferraro Exits Bankruptcy After Settlement With Ex-Partner's Widow
(DBN)

Why Lawyers Suck at Sales
(DBN)

Leading UK firms see 20 per cent rise in partner promos
(DBN)

SNR Denton overhauls UK strategy as partner profits disappoint
(DBN)

Finally! Pictures of the Unwelcoming African-Americans In Indy Law’s Atrium
(DBN)

Partner's Sudden BigLaw Exit Explained: He Goes All in for Client PokerStars.net
(DBN)

Want to Be a Legal Star? Be Willing to Take Risks, Set Goals and Network
(DBN)

Cost Recovery Breeds Client Frustration in New Survey
(DBN)

Victoria Pynchon's 'Four Magic Words for Women Lawyers'
(DBN)

Legal scholarship carries a high price tag
(DBN)

Prepare for Depositions With the iPad Deponent App
(DBN)

Proskauer Giving Lawyers iPads
(DBN)

Tyler Clementi’s Roommate, Dharun Ravi, Indicted on 15 Counts
(DBN)

Rajaratnam, S&P, Foreclosure Probe, Gunns, Barclays, BT in Court News
(DBN)

Study: 58% of 2Ls and 3Ls Using Laptops in Class Were Distracted More than Half the Time
(DBN)

Scream 3L
(DBN)

Clap On, Clap Off, Case Dismissed
(DBN)

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Judges:

A Judge’s Full Belly Is Good News for Criminals, Study Finds
(DBN)

Adding Lawsuit to Injury: Lawyer Who Lost Bid for Judgeship Sues His Critics
(DBN)

58 Given Pink Slips as Court Layoffs Begin
(DBN)

Saving Acorns?
(DBN)

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Wall Street:

 

U.S. stocks advance as Dow rallies to highest level since 2008
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Oil/Gas:

Oil rallies nearly $3 a barrel
(DBN)

Unreliable Data Further Roil Oil Markets
(DBN)

Obama Blames Speculators for Price of Oil
(DBN)

Despite Uncertainty, Small Oil Companies Stay In Gulf's Deep Waters
(DBN)

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Aviation:

Finally, Some Good News for U.S. Airline Passengers
(DBN)

Airlines won't oppose new DOT rules
(DBN)

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Fasteners:

Scovill Fasteners Seeks Bankruptcy Protection to Sell Assets
(DBN)

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Labor:

Former Townsends poultry workers seek pay for vacation time accrued after bankruptcy filing
(DBN)

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Retailing:

Borders' bankruptcy consultants getting paid hundreds of dollars an hour
(DBN)

New owner emerges at auction for Joseph-Beth
(DBN)

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Tax:

Blixseth settles most tax claims
(DBN)

Mont. wants $56M from ex-billionaire
(DBN)

Lawyers Offer IRS Audit Tips: Be Nice, Be Responsive, But Don’t Say Too Much
(DBN)

Calif. AG Says ‘Tax Lady’ Attorney Should Be Jailed for Shredding Documents, Failing to Repay $435K
(DBN)

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Compensation:

CEOs Earn 343 Times More Than Workers
(DBN)

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Financial Literacy:

Financial Literacy For All Is This Generation's New Civil Rights Issue
(DBN)

NAACP, Wells Fargo Applaud New Financial Literacy Centers, But Not Everyone Is Happy
(DBN)

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Education:

Charles Drew Medical School Looks To Rebound Financially
(DBN)

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Religion:

San Luis Obispo temple trying to raise $2.3 million to avoid foreclosure
(DBN)

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Health Care:

Huge hospital markups burden patients
(DBN)

Lower Bucks seeks seventh filing extension
(DBN)

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Hockey:

Gary Bettman denies Coyotes announcement imminent
(DBN)

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Economy:

“Dr. Doom's” Firm, in Counterintuitive Claim, Says US Better Off Than Europe
(DBN)

US Wealthy: Sorry Kids, We're Spending It
(DBN)

Geithner Downgrades His Own Credibility to Junk
(DBN)

The Washington Post Confuses Economic Recovery with Fears of Insolvency
(DBN)

U.S. Finances Are ‘Unsustainable,’ Obama Says
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Existing-home sales up 3.7% in March
(DBN)

Meyer Says U.S. Home Prices to Fall 5 Percent in 2011
(DBN)

Buy a house, get a free car: incentives rule
(DBN)

All-Cash Home Sales Set Record
(DBN)

REO sells for 88% discount in California
(DBN)

Oklahoma AG to strike own deal in foreclosure settlement
(DBN)

Iowa Attorney General’s 2010 ‘war chest’ benefited from mortgage and out-of-state interests, report finds
(DBN)

Banks Await Foreclosure Deal’s Financial Terms as States Split
(DBN)

South Florida existing home sales up in March
(DBN)

Citigroup Sued For Shoddy Mortgage Practices By Individual Investor
(DBN)

Hotels becoming 'home' option for families after foreclosure
(DBN)

Maronda Homes of Cincinnati files for bankruptcy
(DBN)

Maronda files bankruptcy in Pennsylvania; Florida operations unaffected
(DBN)

Maronda spending plan OK'd by bankruptcy court
(DBN)

$1B Nevada CRE Auction Slated for May
(DBN)

Profit levels fall on newly minted loans: MBA
(DBN)

____________

Municipalities:

The Story of Unfunded State Mandates
(DBN)

House strips bankruptcy option for distressed local governments
(DBN)

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Corporate Reform:

Nobody Does It Better . . . Than Government Regulators
(DBN)

Treasury official defends Dodd-Frank reforms, CFPB
(DBN)

Warren's future unknown as CFPB director role remains empty
(DBN)

______________

Banking:

Wells Fargo: Financial Loser
(DBN)

______________

Credit/Debit Cards:

AmEx Profit Increases as Card Spending Climbs, Defaults Improve
(DBN)

Is Debit Fee Regulation Anti-Consumer?
(DBN)

______________

Golf:

Colorado Brightwater Club Golf Development Files Bankruptcy
(DBN)

Bank sues golf course company over foreclosed property
(DBN)

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Theme Parks:

Ghost Town bankruptcy hits dead end
(DBN)

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Music:

Dr. Dre Wins 'Chronic' Lawsuit Against Owners Of Former Label Death Row
(DBN)

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Banking:

More fallout from Superior failure
(DBN)

Banks Lag S&P as Slow Loan Growth Eclipses Higher Dividends
(DBN)

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Mass Torts:

BP sues Halliburton in latest oil spill claim
(DBN)

BP Sues Rig Owner for $40 Billion, Alleging Negligence in Oil Spill
(DBN)

Cameron Responsible for Oil Well Blowout, BP Says in Suit
(DBN)

______________

Museums:

Health Adventure bankruptcy case continued
(DBN)

______________

Food/Beverage:

A&P sale worries center's landlord
(DBN)

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Derivatives:

CFTC To Propose Swaps Definition Plan
(DBN)

______________

Celebs:

Dykstra posts $150K bond in bankruptcy fraud case
(DBN)

To Expand Client Base, Lawyer Joins Singer Toni Braxton's Family-Oriented Reality Show
(DBN)

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Hollywood:

David Bergstein Bankruptcy Investigation To Be Unsealed Again
(DBN)

David Bergstein Judge Again Unseals Bombshell Trustee's Report
(DBN)

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Fashion:

American Apparel Said Close to an Agreement for $15 Million in Financing
(DBN)

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New Bankruptcy Opinions
(
No 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)

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)

______________

Bankruptcy Bans:

Chapter 11? No Thank You! Courts Find Restrictions on Bankruptcy Filings in LLC Agreements Enforceable
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Litigation:

A Closer Look at Litigation Funding and the "Loser Pays" Model
(DBN)

How (Not) to Lose Data and Alienate Judges
(DBN)

______________

Telecoms:

FairPoint Bankruptcy Plan Approved as Judge Rejects Appeal
(DBN)

______________

Fraud:

Rajaratnam 'Corrupted' Friends, Employees, Prosecutor Tells Jury
(DBN)

Rajaratnam Sought to ‘Conquer’ Wall Street, U.S. Says as Defense Responds
(DBN)

Prosecutors Describe 'Devastating Proof' of Rajaratnam's Guilt
(DBN - NY Times - Paywall Limit Possible)

Insider dealing trial told Rajaratnam is 'damned by his own words'
(DBN)

The "Hipster" On The Raj Jury Gave Himself Away In Court Today
(DBN)

The Silence of the Madoffs
(DBN)

Federal Judge Dismisses Lawsuit Against SEC for Failing to Notice a $65 Billion Ponzi Scheme
(DBN)

Prosecutor not pursuing charges re Hecker-Rowan wedding
(DBN)

3 Fla. men indicted in wake of Petters scheme
(DBN)

Ponzi schemer's luxury items up for auction
(DBN)

Madoff's skills to aid FBI
(DBN)

Lancer Group's Founder Lauer Duped Investors, U.S. Prosecutor Tells Jurors
(DBN)

______________

Symphonies:

NM Symphony Orchestra Files Bankruptcy
(DBN)

Judge: Philadelphia Orchestra can keep paying musicians as it works to emerge
(DBN)

Bankruptcy Court hears opening statements on Philadelphia Orchestra's case
(DBN)

Lawyer's notes on the orchestra's bankruptcy
(DBN)

Philadelphia Orchestra's bankruptcy battle hits same notes as Wisconsin fight
(DBN)

AFM Decries Philadelphia Orchestra Bankruptcy Filing
(DBN)

______________

IP:

Nortel, Google, and the Ongoing Rights of Licensees in Bankruptcy
(DBN)

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Debt Collection:

Woman Sues Target and Law Firm re ‘False Affidavit Factory’ Allegedly Used in Consumer Debt Cases
(DBN)

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Sovereigns:

The One Thing That All Of These Sovereign Debt Crises Have In Common
(DBN)

U.S., Japan Debt Risk Underestimated by Credit Swap Markets, Rabobank Says
(DBN)

______________

UK:

Scots personal insolvencies fall
(DBN)

Pre-pack changes may force insolvency rethink
(DBN)

Appointment of Administrators - 20 April 2011
(DBN)

Winding Up Petitions - 20 April 2011
(DBN)

Insolvency hitting increased numbers of poorer people
(DBN)

Trio of City firms lead on debt restructuring for iconic building
(DBN)

Clydes recruits DLA Piper partner for insolvency
(DBN)

U.K. Banks Expect ‘Subdued’ Mortgage Lending
(DBN)

______________

Germany:

German Business Confidence Fell for a Second Month in April
(DBN)

______________

PIIGS:

Austerity-hit Greek businesses feeling the pinch at usually profitable Easter-time
(DBN)

Greeks Gird for Losses as Debt-Cutting Odyssey Enters Year Two
(DBN)

Greece says debt 'absolutely sustainable'
(DBN)

'Lower Standards' Contributed To Crisis
(DBN)

Portugal raises $1.4 billion at debt auction
(DBN)

______________

New Zealand:

McKenna gets in first and makes himself bankrupt
(DBN)

FMA Super-Regulator To Get $24 Million Funding In First Year
(DBN)

______________

France:

France may force employee bonuses on dividend-upping firms
(DBN)

______________

Korea:

Banks Say Builders Are Abusing System To Avoid Paying Debt
(DBN)

______________

 

 

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