April 29, 2011

The Daily Bankruptcy News

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Law:

2010 Numbers Are In: Biglaw Profits Up, Bodies Down
(DBN)

Ben-Ezra lays off 154 additional staff, halts foreclosure practice
(DBN)

How Firms Stack Up: 2011 Profitability Index
(DBN)

Shortest Deposition Ever
(DBN)

Solving the Part-Time Puzzle
(DBN)

Baker Donelson Names New Bankruptcy Partners
(DBN)

Skadden Will Make the 2011 Private Companies List
(DBN)

Patton Boggs, Collingwood Group join forces
(DBN)

Ex-Yoss CEO Lands at Genovese Joblove
(DBN)

How the Law Accepted Gays
(DBN - NY Times - Paywall Limit Possible)

Dechert: Our Culture Is Not Macho, and We Don’t Encourage Stereotypical Roles
(DBN)

No Es Muy Macho: BigLaw Firm Denies "Caregiving Is Women's Work" Culture
(DBN)

Former Silicosis Clients Sue O'Quinn Law Firm, Estate
(DBN)

Top Ten Family Friendly Firms According to Yale Law Women
(DBN)

In-House: Empirical Proof That Twitter Doesn't Work!
(DBN)

Law Firm Transparency: Whether or How to Disclose?
(DBN)

NALP 2011: Law Firm Transparency – From Black Boxes to Glass Houses
(DBN)

What Not To Do With A Small Firm Website
(DBN)

Law school recovering from massive tornado
(DBN)

Force Majeure
(DBN)

Killer Tornadoes Devastate Multiple Areas in South, Take Roof Off Courthouse and Law Firm
(DBN)

AIG, BofA, Primus, SAC Capital, Starbucks, KPMG in Court News
(DBN)

Lawyer Gets 2-Year Suspension After Sending Video to Undercover Officer He Thought Was 16
(DBN)

‘Fantastical’ 9/11 Lawsuit Could Lead to Sanctions for Lawyer, 2nd Circuit Says
(DBN)

Jail Recorded Almost 300 Law Firm-Client Phone Calls, Then Passed Them on to Others in Discovery
(DBN)

Training Day
(DBN)

New TV Series Will Explore What Happened to Young Lawyer in Grisham’s ‘The Firm’
(DBN)

Colo. AG Sues Fla. Debt Management Law Firm, Alleges Unauthorized Practice In Violation of Business Registration Law - News - ABA Journal
(DBN)

Maine legalizing switchblades for one-armed people
(DBN)

Man dressed as cow steals 26 gallons of milk from store
(DBN)

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Judges:

Federal Judge Accuses US of ‘Blatantly False’ Representations
(DBN)

Federal Judge to Time Lawyers in 9/11 Trial ‘Like a Speed Chess Match’
(DBN)

Justice Stevens Reveals Plan to Write a Book, Talks About Decision to Retire
(DBN)

Take Your Child Someplace Other Than Work Day.
(DBN)

Shamed Judge Pleads to Keep His Job, Tells Top SD Court ‘I’m Not Perfect But I Have Changed’
(DBN)

Why Justices Ginsburg And Breyer Should Retire Immediately
(DBN)

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Wall Street:

US stock futures flat; data, reports in focus
(DBN)

World markets sink on slowing US economic growth
(DBN)

Dow at nearly 3-year high
(DBN)

Stocks Close Mostly Higher Despite Weak Economic Data
(DBN)

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Layoffs:

US Initial Claims Rise 25000 to 429000; Auto Layoffs Not Major
(DBN)

Best Job Market for U.S. Grads Since 2008 Leading to Multiple Offers
(DBN)

99ers grow by a million last year - still no unemployment extension
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Chrysler CEO Says Repaying $7.53 Billion to US, Canada Will Boost Image
(DBN)

Marchionne 'itching to go' with new Chrysler
(DBN)

Timothy Geithner: We rescued GM, Chrysler 'to save jobs'
(DBN)

GM CEO says no production disruptions due to Japan
(DBN)

Russian investor gets initial nod as Saab owner
(DBN)

Spyker can't meet Saab target, taps shareholders
(DBN)

Parts Suppliers' Chief Calls Saab Situation 'Extremely Serious'
(DBN)

Toyota Judge Tentatively Rules That Automaker Must Face Claims Over Losses
(DBN)

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Machinery:

Circor's unit emerges from bankruptcy protection
(DBN)

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Shipping:

Horizon Lines shares soar as threat of bankruptcy eases
(DBN)

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Solar:

Is Evergreen Solar Flirting with Bankruptcy ?
(DBN)

May need to raise cash sooner than expected
(DBN)

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Retailing:

OfficeMax shares tumble as results disappoint
(DBN)

Susie's Deals Files for Bankruptcy Protection
(DBN)

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Telecoms:

Rural telco bankruptcy rumors emerge
(DBN)

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Corporate Reform:

Low-key regulator in line to take on Wall St titans
(DBN)

Elizabeth Warren: Congress out to knife the bureau
(DBN)

Time is Short For CFPB Chief Nomination
(DBN)

Watchdog Expects More Charges Related To Wall Street Bailout
(DBN)

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Bonds:

A Make Whole with a Hole: In re Trico Marine Services
(DBN)

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Economy:

Fed balance sheet expands to record
(DBN)

US economic growth slows to 1.8%
(DBN)

Where the Economy Grows, and Doesn't
(DBN)

How Slower Consumer Spending Stifles GDP
(DBN)

Slower Growth, Higher Prices: Tight Spot for the Fed
(DBN)

Here Comes Stagflation!
(DBN)

Economists React: First-Quarter GDP 'Stutter' Likely Temporary
(DBN)

Warren Buffett's Next Deal Is a Guessing Game
(DBN - NY Times - Paywall Limit Possible)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Ben Ezra & Katz shutting down its foreclosure business
(DBN)

Replacement lien on future rents does not provide adequate protection
(DBN)

Absolute assignment of rents enforced under New York law
(DBN)

Judges See Little Improvement in Foreclosure Procedures
(DBN)

Banks' foreclosure efforts thwarted by lawyers finding fault
(DBN)

Realtors see double dip for home prices, too
(DBN)

Mortgage rates fall in latest survey
(DBN)

Delinquency rates improve slightly in 1Q
(DBN)

LPS earnings drop almost 23% in first quarter
(DBN)

A nation of renters and hoarders
(DBN)

The Mortgage Was Like a Shell Game; So Is Responsibility in 3 Deaths
(DBN)

Foreclosure bill voted down in California, fight not over
(DBN)

Property values for Houston, Harris County dip for 2nd year
(DBN)

Las Vegas foreclosures catch up with high rollers
(DBN)

Final rescue plan at One Madison expected within week
(DBN)

Des Moines bank will sell Northland project at fraction of cost
(DBN)

KS Partners pressured at Porter Square Galleria
(DBN)

Fannie, Freddie align servicing guidelines for delinquent mortgages
(DBN)

Mortgage insurance pain pushes Old Republic to $12.9 million loss in 1Q
(DBN)

Nine indicted in $3 million Florida mortgage fraud scheme
(DBN)

Banks Whittle Away at CRE Assets While Waiting To Jump Back Into Lending
(DBN)

EpiCentre creditors in line for 10 cents on dollar
(DBN)

Former Cedar Funding owner fights sanctions
(DBN)

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Municipalities:

States Need Bankruptcy-Like Options for Leverage
(DBN)

Consideration for bankruptcy legislation for states appears dead
(DBN)

Tornado Strains Jefferson County as Officials Weigh Bankruptcy
(DBN)

County Was Struggling Even Before the Storm
(DBN)

S&P lowers outlook on public housing bonds to negative
(DBN)

Philly Plans To Lay Off Nearly 4,000 Teachers And School Workers
(DBN)

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Lehman:

Lehman Minibond Holders Appeal Bankruptcy Judge's Decision
(DBN)

Lehman Pays Managers, Advisers $31.9 Million in March
(DBN)

Nomura bet on expansion is yet to pay
(DBN)

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Baseball:

Dodgers Judged in Court of Selig
(DBN)

The Bum Is Broke
(DBN)

Worried about a potential Rays bankruptcy, St. Pete hiring lawyer
(DBN)

The New York Mets Could Lose $70 Million This Season As Team Debt Soars To $625 Million
(DBN)

Rangers reach parking deal with Hicks
(DBN)

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Health Care:

Doctor fights to stay, despite bankruptcy
(DBN)

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Insurance:

First Of A Kind - Judge upholds solvent reinsurer's commutation plan
(DBN)

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Video Rentals:

Blockbuster Ruling Halts Lions Gate Rental Revenue
(DBN)

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Banking:

FDIC Doubles Down on the Safe Harbors
(DBN)

Watchdog: More than 550 banks still owe the government
(DBN)

Bank of America, Citibank, UBS Manipulated Libor, Suit Says
(DBN)

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Credit/Debit Cards:

Banks embrace rate hikes tied to late card payments
(DBN)

The Politics of Swipe Fees
(DBN)

Dora the Explorer on Debit Interchange: Swiper No Swiping!
(DBN)

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Religion:

Christian Brothers of North America file for bankruptcy
(DBN)

Sex abuse claims bankrupt Catholic order
(DBN)

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Celebs:

Auction set for former Blazers' house
(DBN)

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Derivatives:

Goldman Sachs, JPMorgan Face EU Antitrust Probe of CDS Market
(DBN)

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Private Equity:

Highland Seeks $750M For Distressed Opps
(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)

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Miscellaneous:

South Edge, Blixseth, Scovill, NEC, Wilshire Hotel: Bankruptcy
(DBN)

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Bankruptcy Statistics:

FL: Bankruptcy cases see first drop in five years
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Poetry:

The View from Olympus
(DBN)

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Plans:

Court Provides Senior Creditors With an Additional Mechanism for Obtaining the Right to Vote a Junior Creditor's Claim in a Bankruptcy Reorganization
(DBN)

Now you see it, now you don't: imprecise claim preservation leads to evaporating value
(DBN)

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Precedent:

“Till” is Cherished Still… (Despite Losing the Sweet Sixteen Contest)
(DBN)

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Filing Eligibility:

Bankruptcy dismissed: debtor's operating agreement bars a bankruptcy filing
(DBN)

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Fraud:

Berkshire Hathaway Gets An “I” For Incomplete On Sokol Investigation
(DBN)

Berkshire Fires Back Against Sokol's Lawyer
(DBN - NY Times - Paywall Limit Possible)

Advice for David Sokol
(DBN - NY Times - Paywall Limit Possible)

The Buffett judgment question
(DBN)

Henriques Says Madoff Seemed `Harmless' at First Sight
(DBN)

Raj Rajaratnam: Michael Lauer Acquitted
(DBN)

The Waiting Game: Notes From a Tense Courtroom
(DBN)

Rajaratnam Lawyer Dowd Waits for Jury, Shares War Stories, Vacation Plans
(DBN)

Hello Insider-Trading Probe, Goodbye Privacy
(DBN)

AIG Files Fraud Suit Over CDOs
(DBN)

Golf Channel Denies Prior Knowledge of Alleged Stanford Scheme
(DBN)

______________

Hotels:

TPG Capital Is Said to Be Bidder for Innkeepers USA in Bankruptcy Auction
(DBN)

Ritz Carlton in Beaver Creek in $61 million foreclosure
(DBN)

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Orchestras:

Symphony Cancellations Pile Up After Bankruptcy
(DBN)

Brilliant suggestions for solving orchestra's crisis
(DBN)

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Hockey:

NHL sends Glendale invoice for $25 million
(DBN)

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Food/Beverage:

Tavern on Green Deal With New York Wins Court's Approval
(DBN)

A&P Wins Approval of Executive Bonuses Ahead of Union Talks
(DBN)

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Bankruptcy Vendors:

Epiq Systems Announces 2011 First Quarter Results Led by 25% E-Discovery Operating Revenue Growth
(DBN)

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Hollywood:

David Bergstein, Ronald Tutor Settle Lawsuit on Eve of Trial
(DBN)

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Oil/Gas:

Exxon Profit Nearly $11 Billion in 1Q
(DBN)

Political heat rises along with profits and pump price
(DBN)

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Ethanol:

Hockley County ethanol plant files Chapter 11 petition
(DBN)

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UK:

All Saints has it$ prayer answered
(DBN)

Appointment of Administrators - 28 April 2011
(DBN)

Winding Up Petitions - 28 April 2011
(DBN)

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Canada:

Jones victims' hard work pays off with $3.1 million refund in taxes
(DBN)

Debt shows no age
(DBN)

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Japan:

Japan Inc net profit tumbles in after quake: poll
(DBN)

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Iceland:

Record Number of Businesses Go Bust in Iceland
(DBN)

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PIIGS:

For Sickly Nations, Answer Lies in a Vicious Circle
(DBN)

Irish Health Care: GPs are 'on verge of bankruptcy '
(DBN)

Quinn Insurance Lost €706 Million In 2009 And €160 Million In 2010
(DBN)

Call For Guarantees Led To Nama Rift With Grehans
(DBN)

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Czech Republic:

Sazka's Debt May Rise to $553 Million, Hospodarske Reports
(DBN)

Czech President Criticizes Court's Ruling on Austerity Law
(DBN)

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Copyright 2011