August 19, 2011

The Daily Bankruptcy News

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Law:

For Howrey Estate, Another $440,000 in Professional Fees
(DBN)

Longtime Bankruptcy Lawyer's Letter re Judge's 'Half-Baked Findings' Results in Historic En Banc Hearing
(DBN)

Kevin Gleason Offers Wine as Peace Offering to Bankruptcy Judge Olson.
(DBN)

Judge Nixes Bingham’s Bid for a Court Finding Precluding Malpractice Suit by LA Dodgers Owner
(DBN)

Shotgun Wedding?: Beleaguered Firm in Merger Talks
(DBN)

Summer Associate Survey Results (Part 2)
(DBN)

Law Grad Loses Suit Seeking Overtime Pay for Work as Clerk at Law Firm
(DBN)

Former Heller Ehrman Employees Will Finally Get Paid. Kind Of.
(DBN)

Law Firm Seized; 3 Firms, 4 Lawyers,14 Others Sued re Claimed Client Fraud in Bank Litigation
(DBN)

Profile: John Tishler
(DBN)

Reverse Auctions: Report From the Front Lines
(DBN)

As Legal Departments and Clients Both Pare Costs, Which One Exports More Tasks to the Other?
(DBN)

Is This a Good Use of Video for a Law Firm?
(DBN)

A Law School Law Firm??? Yeah Right!!!
(DBN)

Can’t Get a Job? Lacking Lawyer Skills? Try Working for Your School’s Law Firm
(DBN)

The Student Loan Bubble: Only Stupid People Will Be Surprised When It Bursts
(DBN)

Thomas Cooley chief defends jobs data, expansion plans
(DBN)

Legal uncertainty — Are Asian Americans rethinking the law?
(DBN)

Controversy Continues at Law School After Professor's Suspension
(DBN)

In-House: The Truth Behind E-Billing
(DBN)

In Largest-Ever Legal Technology Deal, HP Acquires Autonomy for $10B
(DBN)

Gibson Dunn and Slaughters lead six firm line-up on HP's Autonomy takeover
(DBN)

Fighting Injustice in Cute Outfits
(DBN)

Monday, Bloody Monday
(DBN)

Senior partner and associate in punch up
(DBN)

Mystery as star partner vanishes
(DBN)

"Solicitors from Hell" ultimatum
(DBN)

News Corp., Exxon, Vitro, Lehman Brothers, Deutsche Bank in Court News
(DBN)

Gibson, Dunn Partner Vows to Continue Bike Path Fight
(DBN)

Remembrances of Gregory Berry
(DBN)

Fired NY BigLaw Associate Sues Firm for $77 Million, Says They Lied About Their Culture
(DBN)

How To Make Google+ Really Sing
(DBN)

Auditor Claims DA Used Cars Seized in Drug Cases, Inmates Smoked Confiscated Crack
(DBN)

Legal Tip: No Such Thing as a One-Person "Partnership"
(DBN)

Niche Practice Scarred By Baby-Selling Ring
(DBN)

Attorney Faces One-Year Suspension for Online Ad Seeking Secretary With Benefits
(DBN)

‘Addiction’ to Video Games Results in 3-Year Suspension for Lawyer
(DBN)

Starbucks pays dwarf $75,000
(DBN)

Beverly Hills police blow up screenwriter's laptop, script
(DBN)

Cops Beat Brothers Mistaken for Burglars
(DBN)

______________

Judges:

Lawyer vs. bankruptcy judge spat turns ugly
(DBN)

Federal Judge Apologizes for Delay in Ruling
(DBN)

Justice Kennedy on Vanishing Big Civil Suits
(DBN)

Judges mingle at La Costa amid budget cutbacks - 9th is off to Hawaii next year
(DBN)

______________

Wall Street:

US stock futures signal another day of losses
(DBN)

Global markets take fright at the return of the zombie banks
(DBN)

European shares near 2-year lows
(DBN)

Japanese Stocks, Asian Markets Plunge
(DBN)

World stocks sink on fears of US recession
(DBN)

Stocks Plunge as 10-Year Treasury Yield Falls to Record Low; Gold Surges
(DBN)

Stocks Slammed
(DBN)

Turmoil returns with Wall Street relapse
(DBN)

Volatility Gauges Surge Worldwide Amid European Banking Concern
(DBN)

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Layoffs:

Jobless Claims in U.S. Top Forecast
(DBN)

Bank of America Plans Big Job Cuts
(DBN)

Air Force to Cut 6,000 Positions
(DBN)

Thousands Jam Atlanta Job Fair
(DBN)

Michigan Jobless Picture Darkens
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Rating Agencies:

Why Is Justice Only Now Probing S&P's Golden Goose?
(DBN)

Investigating S&P: Who is responsible for America's bankruptcy
(DBN)

______________

Paper:

NewPage Bankruptcy Threat has Maine Towns on Edge
(DBN)

______________

Lehman:

Lehman gets approval to sell JV stake for $385M
(DBN)

______________

Lehman:

Lehman gets approval to sell JV stake for $385M
(DBN)

______________

Resorts:

Sawgrass Marriott owners plan to turn resort over to Goldman Sachs
(DBN)

______________

Pensions:

Are military pensions too 'generous'?
(DBN)

______________

Hedge Funds:

What's Killing Hedge Funds And What's Working For Them
(DBN)

______________

Hollywood:

Movie investment firm booed by lenders
(DBN)

______________

Religion:

Calvary Baptist emerges from bankruptcy
(DBN)

______________

Finance:

The Government Is Still Paying Banks Not To Lend...?
(DBN)

______________

Mail:

Will the Post Office Die?
(DBN)

Postal service: Tough choices unavoidable
(DBN)

______________

Economy:

US Jobless Claims Up, Gasoline Lifts Consumer Prices
(DBN)

US inflation accelerates
(DBN)

Gold futures continue meteoric rise
(DBN)

Overseas Banks Seen Cutting Dollar Holdings
(DBN)

Leading Economic Indicators Up 0.5%
(DBN)

Retailers, Restaurants Raise Prices to Offset U.S. Labor Costs
(DBN)

Morgan Stanley: US, EU Close to Recession
(DBN)

U.S. Economic Growth Estimates Cut at Citigroup on Political, Fiscal Risk
(DBN)

CPI Jumps Stoking Fears Of Stagflation
(DBN)

Economists see growing risk of global recession
(DBN)

The Global Economy Is Falling Apart
(DBN)

US Investment Bank Says US, Europe Close to New Recession
(DBN)

AIG chips away at debt with $2 billion payment
(DBN)

Philadelphia Factory Gauge Sinks After Plosser Opposes Fed Easing Policy
(DBN)

Warren Buffett's Public Disservice On Taxation
(DBN)

White House Asks Agencies to Slash Budgets
(DBN)

The Obama Collapse Accelerates
(DBN)

Karl Marx Is Hot
(DBN)

Here's Who REALLY Owns The US Debt
(DBN)

Obama And Boehner Set To Swap Roles In Tax Fight
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Suing Lawyers Who Defrauded Homeowners
(DBN)

U.S. Mortgage Rates Hit 50-Year Low
(DBN)

Panel: Mortgage buyback litigation to last years
(DBN)

Principal Pay Down in Chapter 13 as a Means of Foreclosure Prevention
(DBN)

Mortgage servicers bypass foreclosure delays with more short sales
(DBN)

Moody's, S&P Mortgage-Bond Ratings Said to Face US Probe
(DBN)

S&P: Mortgage default rate drops below 2% in July
(DBN)

RE/MAX: Home sales drop 12.7% in one month
(DBN)

One in 10 NJ homeowners struggle with mortgage payments: NY Fed
(DBN)

NYC home sales down 40% from last year
(DBN)

Linden Ponds restructuring plan gets OK from bankruptcy court
(DBN)

A fight over developer Michael R. Mastro’s life insurance may spin out some cash for investors
(DBN)

Analysts: CRE nears bottom, making market ripe for investors
(DBN)

_____________

Oil/Gas:

Oil in New York Falls Third-Most This Year as Banks Cut Growth Forecasts
(DBN)

______________

Ethanol:

Bankrupt Clearfield Co. Ethanol Plant Getting $230 Million
(DBN)

Ruling won't save ethanol plant
(DBN)

______________

Banking:

Banks Take Another Beating As Markets Tumble
(DBN)

Regulators shut small Pa. bank; 65th in 2011
(DBN)

Bank of America to axe 3,500 jobs: report
(DBN)

Bank of America to Fire 10,000 or More
(DBN)

______________

Convenience Stores:

Mounting Debt Forces C-store Operator Into Bankruptcy
(DBN)

______________

Fraud:

Madoff Trustee Sues Lion Global, 6 Firms Seeking $172 Million
(DBN)

Madoff's wife living in Boca condo with her sister
(DBN)

Madoff trustee cannot sue firms that ignored evidence of fraud
(DBN)

After court ruling, Madoff victims look to Congress
(DBN)

Ruling in Madoff case could affect Forte victims
(DBN)

Most of $1.8M reclaimed in Fair Finance scandal to pay legal fees
(DBN)

Indicted former Fry's exec files for bankruptcy, lists $137 million in debt
(DBN)

Broker guilty of using NFL stars in Ponzi scheme
(DBN)

Miami players, coaches shell-shocked
(DBN)

Report: NCAA could extend Miami probe
(DBN)

Vultures always swirling around collegiate sports
(DBN)

______________

Gambling:

Hooters casino looking at capital or sale options
(DBN)

______________

Food/Beverage:

Tavern on the Green may be reborn as global chain
(DBN)

Positives from a bankruptcy
(DBN)

______________

Media:

Tribune creditors may sue former stockholders to get their money
(DBN)

______________

Autos:

Authorities take stock of Saab
(DBN)

Saab Sees its Asset's Frozen
(DBN)

Automaker stocks take a hit
(DBN)

______________

Hotels:

Grand Soleil files Chapter 11
(DBN)

Rockville hotel owner refiles for Chapter 11
(DBN)

______________

Corporate Reform:

Wall Street Scandals Go Down the SEC's Memory Hole
(DBN)

SEC Conceals More Than You Imagine
(DBN)

______________

Politics:

Perry Seen as Easier for Obama to Beat
(DBN)

Texas Jobs: Does Perry Deserve the Credit?
(DBN)

Texas Under Perry
(DBN)

Obama’s Education Secretary Duncan Says Perry’s Texas Schools Left Behind
(DBN)

Rick Perry: Middle Income Americans Don't Pay Enough Income Taxes
(DBN)

Now Paul Ryan Might Run for President
(DBN)

Bashing EPA is New GOP Theme
(DBN - NY Times - Paywall Limit Possible)

Finally, Someone to Run Against Wall Street
(DBN - NY Times - Paywall Limit Possible)

Elizabeth Warren creeps closer to Senate run ‎
(DBN)

Elizabeth Warren Cowgirls Up
(DBN)

Nancy Pelosi Heckled At Town Hall Over Debt Bill: "Sell Out"
(DBN)

Michele Bachmann Has A Dark Side On The Campaign Trail
(DBN)

Former Goldman VP: I Changed My Name Because I'm A Descendant Of A Count
(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:

Manistique, Lumea Staffing, Talbitzer Construction
(DBN)

Dodgers, Madison 92nd St., Merced Falls Ranch
(DBN)

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Bankruptcy Statistics:

Omnibus Update on (Declining) Bankruptcy Filing Rates
(DBN)

MD AL: Slight uptick in bankruptcy filings
(DBN)

Western Pa. bankruptcy filings see first increase in a year
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Sales:

Seventh Circuit Disagrees with Third on Selling Collateral Without Credit Bidding in a Cramdown: Rule of Philly Papers Rejected
(DBN)

______________

Jurisdiction:

Bankruptcy Court’s Post-Confirmation Subject Matter Jurisdiction Has Limitations – Especially Where Discovery Disputes with Post-Confirmation Trusts Are Concerned
(DBN)

______________

Insurance:

Bond issuers face billions in losses on insurance claims
(DBN)

______________

Chemicals:

Tronox Keeps Bankruptcy Bankers for 'Strategic Options'
(DBN)

______________

Mass Torts:

Win or lose, trial lawyers get millions in Vioxx fees
(DBN)

______________

Solar:

The First Domino Falls in the Solar Shakeout
(DBN)

______________

IP:

Bidding Opens on Tavern on the Green's Name
(DBN)

Oiling Up a Bid for Tavern on Green
(DBN)

Icahn Settles Las Vegas Casino Trademark Lawsuit Over Name 'Tropicana'
(DBN)

______________

Health Care:

Medical Debt Cited More Often in Bankruptcies
(DBN - NY Times - Paywall Limit Possible)

______________

Municipalities:

Supreme Court To Rule On Legality Of Emergency Manager Law
(DBN)

Legislation to prevent Harrisburg from filing for bankruptcy deprives city of valuable tool, experts say
(DBN)

Harrisburg Officials: Bankruptcy Makes Sense
(DBN)

JeffCo: Make good use of delay
(DBN)

Experts: Bankruptcy may not top latest offer
(DBN)

______________

Aviation:

How Oil Speculators Ruin Airline Profits
(DBN)

Airport Security: You Ain't Seen Nothing Yet
(DBN)

______________

Baseball:

Tom Hicks swings back at creditors
(DBN)

______________

UK:

Britain Under Pressure After Sharp Rise In Welfare Claims
(DBN)

U.K. Posts Smaller-Than-Forecast Budget Deficit
(DBN)

‘Shopped’ by Mom, UK Man, 18, Gets 28 Months for Stealing Vodka and 3 Shoes, Swigging Booze in Riot
(DBN)

Creditor hunt proves problematic for Begbies
(DBN)

Appointment of Administrators - 18 August 2011
(DBN)

Winding Up Petitions - 18 August 2011
(DBN)

______________

EU:

Will Europe Come Tumbling Down?
(DBN)

40% Chance of Euro Zone Breakup
(DBN)

Fears Grow: EU Banks May Need Cash
(DBN - NY Times - Paywall Limit Possible)

Things In Europe Are So Bad That Junior Bankers Have Been Ordered To Fly COACH
(DBN)

EU banks' summer funding lull may bring autumn woe
(DBN)

Funding pressures keep spotlight on European banks
(DBN)

The Domino Effect of Europe Bank Woes
(DBN)

Junk Yields Surpass 10% as Growth Slowdown Halts Bond Sales
(DBN)

Financial Turmoil Adds to Allure of Europe’s Best Properties
(DBN)

Europe's debt crisis: Expect more trouble
(DBN)

Rumor Is French Banks Are Getting Crushed
(DBN)

Europe's Banks Slump as Selloff Continues
(DBN)

______________

PIIGS:

Finland Open to Broadening Collateral Deal
(DBN)

Finland Continues To Do Its Best To Torpedo Greece
(DBN)

Austria Says Finnish Collateral Deal May 'Blow Up' Greek Rescue
(DBN)

The Greek collateral grab
(DBN)

Greek PM convenes ministers ahead of troika visit
(DBN)

Spain To Announce More Austerity Moves On Friday
(DBN)

Clamour For Amendments To Italian Austerity
(DBN)

Italian Women Are The Most Miserable In Europe
(DBN)

______________

Canada:

Americans Living in Canada Face Big Penalties
(DBN)

______________

Germany:

Many Germans Toil for Low Pay, Missing the Economic Miracle
(DBN - NY Times - Paywall Limit Possible)

______________

Japan:

Japan Passes Law to Ease Fukushima Blow for Tepco
(DBN)

______________

Hong Kong:

Hong Kong bankruptcy petitions in July fall 9.3 pct m/m to 654
(DBN)

______________

BRICS:

Brazil Economy Goes from Great to Just Good
(DBN)

Back in the USSR? Maybe Russians Wish That
(DBN - NY Times - Paywall Limit Possible)

Putin Calls U.S. ‘Parasite’ as Russia Gorges on Its Debt
(DBN)

______________

Australia:

Judge cautious on liquidator reforms
(DBN)

Australia Premier Warns on Debt
(DBN)

______________

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Copyright 2011