April 5, 2011

The Daily Bankruptcy News

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Law:

Despite Job Increases for Nation, Legal Sector Sees Another Decline
(DBN)

DLA Hiring Spree Shows No Signs of Slowing Down
(DBN)

Conflict of interest stops many Howrey partners from joining Winston
(DBN)

Bonus Watch: Ho-Love Gives Bonus Love
(DBN)

DLA Piper adds bankruptcy partner from Hunton & Williams - Names him new managing partner in Miami
(DBN)

Boies, Star Lawyer, Represents N.F.L. in Lockout Hearing
(DBN - NY Times - Paywall Limit Possible)

Reed Smith's Instant Networking Group for GCs
(DBN)

Clark Thomas & Winters Closes Office in San Antonio; Fate of Houston Office Isn't Known
(DBN)

Butler Rubin Hires Kennedy in Business Disputes, Creditors' Rights Practices
(DBN)

"The most exciting thing that has happened here since Kurt Cobain died"
(DBN)

Judge Warns Lawyers: I’ll Fine You $100 Each Time You Talk to Each Other
(DBN)

Lawyer Whispering: The Basics :))
(DBN)

Trial Starts for Law Partner Charged in $1.3M County Auditor Bribe Conspiracy
(DBN)

As Bulging Client Data Heads for the Cloud, Law Firms Ready for a Storm
(DBN)

Six Steps to Becoming an Expert
(DBN)

In-House: On Lawyers’ Garnitures
(DBN)

Starving in Comfort: Under/Unemployed Attorneys
(DBN)

What Are the Ethics of Lawyer Review Sites Like Avvo?
(DBN)

Discipline Is on the Way for Social Media Malefactors, Panel Says
(DBN)

Would Outside Investment Make BigLaw into Goldman Sachs? Ex-Partner Sees Parallels
(DBN)

Unhappy 3L Creates Model of UVA Law School Made Out of Rejection Letters
(DBN)

Most Creative Way To Shame Your Office of Career Services
(DBN)

A Day in the Life of an Associate at Vanderbilt
(DBN)

Richard Nixon: The Law School Musical
(DBN)

Judge reduces damages to law professors
(DBN)

As Applications Plummet at Other Law Schools, This School Sees Record 12.7 Percent Increase
(DBN)

Disgraced University President Loses Law License
(DBN)

Five-year plan weans Sandra Day O'Connor law school off state funding
(DBN)

Secretive BigLaw Firm Wins Sealed Dismissal of Ex-Secretary's Discrimination Claim
(DBN)

Driver Crashes Into Law Office, Destroys Name Partner’s Desk
(DBN)

400-Pound Would-Be Shoplifter Unable to Flee on Motorized Scooter
(DBN)

Lawyer Is Suspended for 6 Months Due to Multiple Misrepresentations on Resume
(DBN)

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Judges:

‘Astonished’ Judge Declares Murder Mistrial Due to Defense Lawyer Who Never Tried a Case
(DBN)

Nice Argument, Counselor, but Let’s Hear Mine
(DBN - NY Times - Paywall Limit Possible)

The Dawn of a Republican Court: Lincoln’s Justices
(DBN)

Florida Court System Faces Funding Crisis
(DBN)

______________

Wall Street:

Stock index futures fall; techs in spotlight
(DBN)

Tokyo slides on nuclear fears, car stocks
(DBN)

Biggest Profit Gain Since 1900 Sustains S&P 500 After Rally
(DBN)

US Stocks End Slightly Higher As Materials Shares Gain, Technology Sags
(DBN)

Goldman Sachs: Three Reasons We Chopped US GDP Estimates
(DBN)

Wall Street Trading Revenue Seen Falling 4th Straight Quarter
(DBN)

______________

Layoffs:

US Employment Index Increases for Sixth Straight Month
(DBN)

McDonald's seeks to hire 50,000 people across US
(DBN)

6 Ways Of Looking At Unemployment
(DBN)

The Buggy Whip Conundrum
(DBN)

After Delays, Five States Start Unemployed Loan Program
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Rajaratnam Jury Hears Chiesi Say She 'Played' Akamai Friend Like `Piano'
(DBN)

Galleon prosecutors want jury to see secret videos of Intel tipster
(DBN)

Focus Shifts to Google Trade at Galleon Trial
(DBN)

Judge Sides With Galleon Prosecutors Over Recordings
(DBN)

Attorneys seek Rothstein's testimony about his Ponzi scheme under oath
(DBN)

Kohn says she regrets meeting Madoff
(DBN)

Two guilty pleas in $880 mln US Ponzi scheme
(DBN)

Pirate's Ponzi Scheme Ends In US Brig
(DBN)

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Fashion:

American Apparel Launches Denim Amidst Rumors of Bankruptcy
(DBN)

The Wider Repercussions of an American Apparel Bankruptcy
(DBN)

American Apparel's Potential Bankruptcy
(DBN)

______________

Video Rentals:

Icahn, others make bids for Blockbuster
(DBN)

Icahn's Blockbuster Bid Said to Be Joined by Great American, Tiger Capital
(DBN)

Blockbuster auction to decide movie chain's fate
(DBN)

The Blockbuster Auction: A Silent Movie
(DBN)

Could Blockbuster Close All Its Stores?
(DBN)

Blockbuster considers bids from Icahn, others
(DBN)

______________

Pensions:

Big Banks Want the 401K Trillions
(DBN)

______________

Autos:

Toyota: N. American plant closures likely in April
(DBN)

Confusion Over Toyota US Production Halt
(DBN)

AutoNation warns of lingering supply woes
(DBN)

Credit Suisse Upgrades Ford's Rating
(DBN)

U.S. enters $11.5 million settlement with General Motors over natural resource damage
(DBN)

Ford to Raise Prices
(DBN)

______________

Corporate Reform:

New federal consumer agency wants to hear from you
(DBN)

Warren Defends Consumer Bureau's Role In Mortgage Deal Talks
(DBN)

Don’t just sue the banksters - Put them on trial
(DBN)

Bernanke: Fed to Improve Financial Oversight
(DBN)

SEC sought information from BofA on loan-loss reserves
(DBN)

Obfuscation of the day, John Hancock edition
(DBN)

Former NY Fed Bank Supervisors Lobbying to Neuter Regulations
(DBN)

______________

Consumer Finance:

Statement by William Sellery, Executive Director, Financial Service Centers of America, Responding to Study Critical of Payday Loan Industry
(DBN)

______________

Accounting:

Senators To Examine Role Of Accounting In Preventing Financial Crises
(DBN)

______________

Resorts:

Barnes Bay, Viceroy Anguilla Owner, Files Liquidation Plan
(DBN)

______________

Academia:

Bankruptcy: Is it Enough to Forgive or Must We Also Forget?
(DBN)

______________

Student Debt:

After Bigamy
(DBN)

______________

Credit/Debit Cards:

Holding the cards
(DBN)

______________

Economy:

Geithner warns U.S. to hit debt ceiling by May 16
(DBN)

What happens if government shuts down
(DBN)

White House moving forward with govt shutdown plans
(DBN)

Boehner tells Republicans to gird for shutdown
(DBN)

House GOP to Propose $6.2 Trillion in Cuts
(DBN)

GOP Plan Would Transform Medicare
(DBN)

U.S. Gov't Spent More Than Eight Times Its Monthly Revenue
(DBN)

Who's Too Big To Fail?
(DBN)

Bernanke sees '11 foreclosure starts at high level
(DBN)

Improving Economy Warrants Current Fed Stimulus, Evans Says
(DBN)

Fed's Evans: Without Wage Hikes, Little Inflation Pressure
(DBN)

Why the Fed Won't Raise Rates This Year
(DBN)

Fed's Lockhart: No Inflation in America
(DBN)

Bernanke Plays Down Threats of Inflation
(DBN)

Inflation inflicting pain, as wages fail to keep pace with price hikes
(DBN)

Fed's Lockhart says recession has altered consumers
(DBN)

Recovery in the US Beats Other Advanced Economies
(DBN)

O.E.C.D. Lifts Global Growth Forecasts
(DBN)

Crude ends above $108/bbl, 2-1/2 year high
(DBN)

Brent oil tops $120 a barrel on Libya unrest
(DBN)

With Brent Oil at $120, Economy Becomes a Worry
(DBN)

Appetite for Gasoline Falling
(DBN)

Oil Drops First Day in Four on Signs US Demand Easing as Supplies Gain
(DBN)

4 Reasons to Short Oil
(DBN)

Consumers Nervous on Inflation, Incomes
(DBN)

Are You Better Off Today Than 4 Years Ago?
(DBN)

Working Longer, and Longer and Longer
(DBN)

Farmers Not to Blame for High Food Prices
(DBN)

Let's Be Realistic about TARP
(DBN)

Don’t believe everything you hear
(DBN)

America's Most And Least Reputable Big Companies
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Stumpf: How to Fix the Mortgage Mess
(DBN)

US Banks Near Pacts In Foreclosure Probe
(DBN)

Elizabeth Warren defends Consumer Bureau's role in settlement talks
(DBN)

Beazer Homes buying Phoenix REO for rental conversion
(DBN)

Rate of Las Vegas homes bought with mortgage hits 17-year low
(DBN)

Most Americans Opposed to Homeowners Walking Away From Mortgages
(DBN)

Third Alabama judge takes on foreclosure standing for securitized trustees
(DBN)

House Committee to vote on Republican bills for GSE wind down
(DBN)

Sen. McCain introduces Senate counterpart to reform Fannie, Freddie
(DBN)

Less than 4% of single-family loans are delinquent: Freddie CEO
(DBN)

13% of all U.S. homes are vacant
(DBN)

Twenty-Two Percent Of People Have Difficulty Paying Mortgage
(DBN)

HUD takes applications in five states for mortgage assistance program
(DBN)

U.S. dismisses two wire fraud counts to speed up Taylor, Bean and Whitaker trial
(DBN)

Florida to roll out $1 billion in federal foreclosure aid
(DBN)

Pa. To Receive More Than $100 Million To Help Homeowners
(DBN)

Wash. Legislators Pass Bill To Aid Distressed Homeowners
(DBN)

Blackstone lines up billions for CRE lending
(DBN)

Bank economist says housing fix will need banks, government working together
(DBN)

Paul Hemmer development unit files for Chap. 7
(DBN)

Rarity Mountain set for foreclosure sale
(DBN)

Property owners association considerations for incomplete developments
(DBN)

Dark Days For Reverse Mortgages
(DBN)

_____________

M&A:

Corporate takeover deals boom as money flows
(DBN)

Boutique Firms Grab Record Share of European M&A Advice
(DBN)

______________

Aviation:

Southwest 737 cracks may be a wider problem
(DBN)

US FAA to order emergency checks of older 737s
(DBN)

Incident Shows Hazard of Old Planes
(DBN)

Southwest may need to halt expansion plans, analysts say
(DBN)

Southwest's Troubles Aren't Over
(DBN)

Ranking the best, worst major US airlines
(DBN)

______________

IP:

Google Bids $900 Million For Nortel Patent Portfolio
(DBN)

Nortel Court Papers for Patent Auction, $25 Million Breakup Fee for Google
(DBN)

______________

Food/Drink:

Sbarro, Mall Pizzeria Chain, Files Chapter 11 Bankruptcy in New York Court
(DBN)

AG Ferrari Food files for bankruptcy
(DBN)

______________

Ethanol:

NC's 1st ethanol plant files for bankruptcy
(DBN)

Ethanol Under Siege
(DBN)

______________

Lehman:

Goldman, Lehman Creditors Said to Draft Rival Payment Plan
(DBN)

Lehman Minibond Investors in Hong Kong Object to Settlement
(DBN)

______________

Religion:

NW Jesuits: bankruptcy plan after abuse settlement
(DBN)

Archbishop urges church to reveal secrets
(DBN)

______________

Golf:

All Members Will Have Say In Ford's Colony Country Club Bankruptcy Case
(DBN)

______________

Telecoms:

Nortel US, Canada challenge European units to detail claims
(DBN)

______________

Media:

Court Approves Summit Business Media's Disclosure Statement; Confirmation Hearing on Company's Reorganization Plan Is Scheduled for May 5
(DBN)

______________

Retailing:

Retail Gets Even More Darwinian
(DBN)

Clothing retailer closes O.C. store, files for bankruptcy
(DBN)

______________

Municipalities:

Is Harrisburg City Council double-talking?
(DBN)

Wisconsin, Illinois pension woes weigh on munis
(DBN)

Wisconsin Judicial Election Is Referendum on Governor
(DBN - NY Times - Paywall Limit Possible)

Wisconsin Supreme Court Race May Help Decide Union Law’s Fate
(DBN)

Federal Accounting Board Finally Calls BS On The States
(DBN)

______________

Hotels:

Airport Sheraton foreclosure target
(DBN)

Crisis-hit luxury hotel calls meeting of creditors
(DBN)

______________

Tax:

5 Ways GE Plays the Tax Game
(DBN)

______________

Health Care:

Cuts Leave Patients With Medicaid Cards, but No Specialist to See
(DBN)

______________

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)

______________

Miscellaneous:

Nortel, WaMu, Las Vegas-Viceroy-Transwest Resorts: Bankruptcy
(DBN)

Lehman, No Fear, Junk Bonds, Divided Courts: Bankruptcy
(DBN)

______________

Litigation:

More Discovery Woes from Web 2.0
(DBN)

That’s a Good One: Effective Trial Lawyers Know How to Tell a Good Story
(DBN)

School of e-Discovery: Online Course Aims to Help Lawyers Bone Up
(DBN)

Confidential Witnesses Can't Save $100 Billion Wachovia Lawsuit
(DBN)

______________

Hollywood:

'Yu-Gi-Oh!" Studio Hints at Bankruptcy If Rights Termination Found Valid
(DBN)

______________

Finance:

Capmark Approved to Sell Management Right of $1 Billion Fund
(DBN)

IMF Chief: 'Black Swans' Still Haunt Global Finance
(DBN)

Asset-Backed Bonds Go Exotic
(DBN)

______________

Insurance:

AIG Portfolio Set for Auction
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy filings fall 6%
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Cash Collateral:

Make sure that bankruptcy debtors have court authority to use cash collateral
(DBN)

______________

Retailing:

Borders Obviously Bitter About Bankruptcy
(DBN)

______________

Mass Torts:

'Her Majesty' Protests WR Grace's Chapter 11 Plan
(DBN)

Victims Receive $265M in Pfizer Settlement
(DBN)

Bonuses come first at Transocean
(DBN)

_____________

Banking:

Wachovia faces possible SEC action on mortgage bonds
(DBN)

US Bank Laundered Billions in Drug Money
(DBN)

Banking sector needs major surgery, IMF chief says
(DBN)

Half Would Find New Bank If Checking Account Fees Raised
(DBN)

Carver Federal Savings on the brink
(DBN)

Bank CEO Says It's Time To Ramp Up Risk In Order To Meet Profit Goals
(DBN)

Citibank to pay small checks first
(DBN)

______________

Hedge Funds:

Hedge funds had 'challenging' March
(DBN)

______________

Celebs:

Bank repossesses former Kings star Kevin Martin's Rocklin home
(DBN)

Taking On The Troubled Athlete
(DBN)

New Reality: ‘O.C. Housewife’ Selling Home
(DBN)

______________

Sovereigns:

Sovereign Default-Swap Trades Double on China Slowdown: Australia Credit
(DBN)

______________

UK:

Don't kill off pre-packs, says insolvency chief
(DBN)

Transparency on 'pre-packs' is overdue
(DBN)

Slow growth forecast for UK economy
(DBN)

Soaring oil prices 'could put the brakes on UK's manufacturing boom'
(DBN)

Football clubs face 25% cash cut from TV deal
(DBN)

One in six businesses wait more than 60 days to get paid
(DBN)

Appointment of Administrators - 4 April 2011
(DBN)

______________

Canada:

Inflation concerns highest since 2008
(DBN)

More legal woes for alleged Freelton Ponzi schemer
(DBN)

A Review of the Basis for the Court-Appointment of a Receiver
(DBN)

Angiotech's creditors approve restructuring plan
(DBN)

______________

MENA:

Italy Recognizes Libyan Rebels as Government
(DBN)

Libyan Rebels Retake Much of Key Oil Town
(DBN)

Libya: Rebels Ready to Sell Oil
(DBN)

Libya reportedly sees Gadhafi as 'unifying' force
(DBN)

US pulls out warplanes
(DBN)

Egypt freezes assets of three former Mubarak aides
(DBN)

_____________

PIIGS:

Jobs Data Underline Spain's Woes
(DBN)

Moody's Warns Of IE Downgrade Risk
(DBN)

Is Ireland really going bust?
(DBN)

Nama 'Very Concerned' At Any Changes To Rent Law
(DBN)

Moody's cuts Portugal, says bailout needed urgently
(DBN)

Portugal edges closer to bailout after debt downgrade
(DBN)

______________

Japan:

Japan reconstruction begins quickly: OECD
(DBN)

Tepco shares plunge as radioactive water dumped
(DBN)

Tepco's Crisis Should Power Utility Deals
(DBN)

Japan Begins Testing Fish For Radioactivity After A Toxic Catch Outside The Quarantine Zone
(DBN)

Japan Dumps Toxic Water, Seeks Russian Processing Ship
(DBN)

______________

Switzerland:

Swiss grapple with tax benefits for rich
(DBN)

The Future of Swiss Banks
(DBN)

______________

France:

France's Lagarde Vows To Cooperate In Credit Lyonnais Probe
(DBN)

______________

Australia:

Company Tax Slump Puts Hole In Budget
(DBN)

Australia's RBA keeps key rate at 4.75%
(DBN)

______________

China:

China Manufacturing Hits Turning Point
(DBN)

China's central bank raises interest rates
(DBN)

Roubini Calls for Hard Landing in China (After 2013)
(DBN)

______________

India:

India Graduates Millions, but Too Few Are Fit to Hire
(DBN)

India's high and mighty charged in telecom scam
(DBN)

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Copyright 2011