August 22, 2011

The Daily Bankruptcy News

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Law:

In bankruptcy, Howrey tussles with insurer, landlord over unpaid claims and rent
(DBN)

Little Left but the Walls and Carpets at Howrey
(DBN)

Judge tosses Boston law firm’s suit against Dodgers owner Frank McCourt
(DBN)

Judge Rules That Dodgers Owner is Free to Sue BigLaw Firm for Malpractice
(DBN)

Overworked Law Clerks In California Not Eligible For Overtime
(DBN)

Ice Miller Adds 90 Lawyers in Merger with Ohio's Schottenstein
(DBN)

Harvey Miller Featured on CNBC’s “Squawk Box”
(DBN)

Grupo Mexico Unit Must Pay Law Firm Baker Botts $122.4 Million in Fees
(DBN)

Legal Markets Fall in Classic Pincer Movement?
(DBN)

Lawyers Accused of Scamming Clients to Pay Thousands to Join Class Actions Against Banks
(DBN)

Clients don't seem to care that their successful demands for lower fees aren't reducing equity partner profits of the big firms they hire. Maybe they should.
(DBN)

Q&A: Davis Polk Managing Partner Tom Reid
(DBN)

Judge Denies BigLaw's Objections to Legal Malpractice Claim
(DBN)

BigLaw Firm Donates $1 Million Fee to Aid the Developmentally Disabled
(DBN)

Lawyer Tied to Galleon Insider Trading Case Gets 36-Month Prison Sentence
(DBN)

Law firm hiring on the rise in South Florida
(DBN)

Texas 2012 Associate Offer Rates Signal Firms Bullish About Business Prospects
(DBN)

Q&A: Floyd Abrams
(DBN)

The Seven Sins of Social Media
(DBN)

'What Great Writers Can Teach Lawyers and Judges': Precision and Conciseness
(DBN)

Report on Florida Corporate Counsel Compensation
(DBN)

David Boies Joins High-Stakes Fight Over Non-Compete Contracts
(DBN)

The New JD: Just Debt
(DBN)

MBAs join JDs in "Debtors Prison"
(DBN)

Thomas Cooley chief on suit against school: "They could have said what they said about the practices undertaken by any law school in the United States"
(DBN)

Judge Detains 2 Teens, Puts Ankle Monitor on Boy, 11, for Flash Mob Attack on Law Student and Others
(DBN)

Law students: A huge cohort of highly educated people who have nowhere else to go?
(DBN)

How Many Lawyers Does It Take to Change a Light Bulb?
(DBN)

Fla. Bar Investigating Casey Anthony Lawyer Jose Baez Over Probation Matter
(DBN)

Litigator Specializing in Sexual Harassment Cases Arrested for . . .
(DBN)

Associate Who ‘Closed’ Files of Law Firm Clients He Wanted for His Future Solo Practice is Disbarred
(DBN)

Jury awards family $300K after police kill dog during search
(DBN)

Speedos For Older Lifeguards: A Fashion (And Legal) No-No?
(DBN)

Worker Says CEO Hypnotized and Abused Her
(DBN)

I’m the Target of Malicious Law Firm Gossip
(DBN)

Quadriplegic: Neighbor assaulted me with dead fish
(DBN)

And I Was Like Baby, Baby, Baby I’ll Trade You My -------- for Bieber Tickets
(DBN)

Everyone's Got to Be a Critic ...
(DBN)

Warren Jeffs: The 5 Creepiest Moments
(DBN)

Pulled Over While Riding Motorized Plastic Beer Cooler, Man Blows 0.16, Loses Driving Privileges
(DBN)

Woman arrested for leaving child in stroller outside bar while drinking
(DBN)

Mother Faces Prosecution for Using Hot Sauce on Child
(DBN)

______________

Judges:

Handing Out -------Stuffed Acorns Does Not Rise to Judicial Misconduct
(DBN)

Wis. Judge Found Dead of Gunshot Wound in Apparent Suicide
(DBN)

White House: Confirming Judges a 'Top Priority'
(DBN)

Justice Ginsburg finds history out of order
(DBN)

Judges Fight Bureaucrats For Information
(DBN)

______________

Wall Street:

 

Here we go again: Stocks plunge on economic fear
(DBN)

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Layoffs:

The United States of Unemployment
(DBN)

Do Mortgage Modifications Increase Unemployment?
(DBN)

Jobless rate grows to 12% in CA
(DBN)

Swing State Unemployment Data A Mixed Bag for Obama, Perry
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Corporate Governance:

Carl Icahn Seeks to Join Clorox Board, Elect 10 Others After Bid Rejected
(DBN)

______________

Banking:

Banks closed in Fla, Ga, Ill; 2011 total is 68
(DBN)

BofA Goes on a Diet
(DBN)

Banks Brace for More Troubles
(DBN)

Jobs Report: Who’s Safe at BofA, and Who’s Not?
(DBN)

______________

Municipalities:

After 3 years, Vallejo emerging from bankruptcy
(DBN)

---------- Flood Vallejo After Bankrupt City Slashes Police 33%
(DBN)

S Dakota schools cut costs with 4-day week
(DBN)

Emanuel: City Desperately Needs Cash From Casino
(DBN)

The Nascent Financial Crisis at Coastside Fire
(DBN)

Judge: Central Falls teachers can appeal layoffs
(DBN)

Mill a haven amid city's bankruptcy
(DBN)

Raffa Yoga helps students cope with Central Falls bankruptcy situation
(DBN)

Municipal body urges pay-to-play rules for advisers
(DBN)

Jefferson County Agony Means Higher Borrowing Costs for Alabama
(DBN)

______________

Nano Technology:

ShengdaTech Seeks Bankruptcy With About $181 Million in Debt
(DBN)

ShengdaTech Bankruptcy Update: Financial Records May Have Been "Falsified in Whole or in Part", Sales Possibly "Vastly Overstated"
(DBN)

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Radio:

Radio Station Owner Inner City Media Targeted for Bankruptcy
(DBN)

______________

Aviation:

Delta wraps up bankruptcy issues, six years later
(DBN)

______________

Credit Reporting:

Do merchants and consumers get the same credit report?
(DBN)

______________

IP:

Is Tavern On The Green A $1.3 Million Brand Name?
(DBN)

______________

Hockey:

Phoenix Coyotes move closer to sale
(DBN)

______________

Religion:

Catholic church used $400m in Irish bank loans to pay U.S. sexual abuse victims
(DBN)

______________

Economy:

Jobless Rates Increased in Most States in July
(DBN)

Wall Street Aristocracy Got $1.2 Trillion in Fed's Secret Loans
(DBN)

All eyes on Bernanke as recession looms
(DBN)

Bernanke May Have to Go for Shock and Awe
(DBN)

Fact Check: Recession is Reason for High US Debt
(DBN)

Recession called 'unlikely,' but investors are scared
(DBN)

Recovery Could Be One of the Longest in US History
(DBN)

Warren Buffett’s Taxing the Rich Won't Solve Deficit, Says Tax Foundation
(DBN)

Is Warren Buffett a Socialist?
(DBN)

Gold Advances to Record as Economy, Debt Concern Spurs Demand
(DBN)

Gov't Paying Farmers, Ranchers $112M to Protect Bird Too Numerous to be Threatened
(DBN)

QE3 is not a magic bullet for Ben Bernanke
(DBN)

Social Security disability on verge of insolvency
(DBN)

Social Security's Problems are Solvable
(DBN)

Myth and Reality of Small Town America
(DBN)

The Surprising Benefits of Austerity
(DBN)

Goldman Cuts US GDP Forecast Again
(DBN)

This time, the economic crisis is no one’s fault but the government’s
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Bankruptcy Judge: Would Approve $4 Billion Capmark Ch 11 Exit Plan
(DBN)

Lawsuit vs Deutsche Bank can proceed - federal judge
(DBN)

California Sues Attorneys For Bringing Allegedly Fraudulent Mortgage Suits
(DBN)

California Says Kramer & Kaslow Law Office Runs Foreclosure Scam
(DBN)

Home prices in lackluster markets return to 1997 levels
(DBN)

MBA sees 2012 residential mortgage originations at 15-year low
(DBN)

Las Vegas home sales declined 13.8% in July
(DBN)

Illinois home sales increase 18.4% in July
(DBN)

Want a Real Estate Loan? Ring Goldman Sachs
(DBN)

California Ballot Proposal Would Ban Home Foreclosures
(DBN)

Delinquencies on commercial real estate loans fall again in July
(DBN)

FHA mortgage servicers revamp troubled borrower trials
(DBN)

_____________

Autos:

GM says bankruptcy excuses it from repairs on 400K cars
(DBN)

Ron Bloom defends bailout, says Big 3 stronger today
(DBN)

Saab dealer seeks bankruptcy protection
(DBN)

Sweden's Debt Agency Finds $796,000 In Saab Auto Investigation
(DBN)

______________

Health Care:

Hospitals Get Poor Diagnosis at Roundtable
(DBN)

Peninsula Hospital attempts to avoid closure.
(DBN)

For Peninsula Hospital's board, Chapter 11 and white knights
(DBN)

Hospital's exit a new challenge for complex
(DBN)

U.S. Scrambling to Ease Shortage of Vital Medicine
(DBN)

______________

Convenience Stores:

Gas station owners file for bankruptcy
(DBN)

______________

Gambling:

Fry's Executive Lists Las Vegas Casino Debts in Bankruptcy Filing
(DBN)

______________

Food/Beverage:

Eastwood Dairy files Chapter 11 bankruptcy
(DBN)

______________

Hotels:

Lessons learned from Ritz bankruptcy action
(DBN)

______________

Newspapers:

MediaNews Delays Deal to buy Freedom's Newspapers
(DBN)

Tribune settles lawsuit by employees for $32 million
(DBN)

______________

Politics:

Perry’s Finding Slippery Support In Some GOP Texas Circles
(DBN)

Why Texas Shines So Bright
(DBN)

Many generous Perry supporters get state aid
(DBN)

Bachmann: Obama Acting Like A Dictator
(DBN)

Obama accuses Congress of holding back U.S. recovery
(DBN)

Berkshire Democrats Want Warren to Run, Run, Run
(DBN)

Elite Dem is far from middle class
(DBN)

Warren Wows 'Em
(DBN)

Why Would Anyone Go into Politics?
(DBN)

Will Funny Money Elect the Next President?
(DBN)

______________

Corporate Reform:

The victims of 'consumer protection'
(DBN)

______________

Retailing:

4.6%
(DBN)

Back-to-school prices up 10%
(DBN)

The Daily Show On How Chain Bookstores Can Compete With The Internet
(DBN)

______________

Fraud:

Insider Trading Crackdown Sends Attorney to Prison
(DBN)

U.S. judge to rule by Sept on Madoff Mets owners suit
(DBN)

______________

Retailing:

The Daily Show On How Chain Bookstores Can Compete With The Internet
(DBN)

Boston Apparel Group's future ever more uncertain
(DBN)

______________

Baseball:

Suit against Hicks takes a new tack
(DBN)

Mets Owners Say Madoff Trustee Lacks Proof They Knew of Fraud
(DBN)

Judge Hinting at Trial in Case of Mets Owners
(DBN)

______________

Education:

Lambuth creditors seek lawyer
(DBN)

______________

Book Reviews:

The Bankruptcy Diaries
(DBN)

______________

Avoidance Actions:

Trustee in Meridian Automotive Systems files preference complaints
(DBN)

______________

Telecoms:

TerreStar Networks wants more time to file Chapter 11 plan
(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:

Madoff-Trustee, Linden Ponds, Petters, Grupo Mexico
(DBN)

______________

Bankruptcy Statistics:

Slight uptick in central Alabama bankruptcies
(DBN)

Fewer file for bankruptcy ; experts say trend won't last
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Venue:

New York City Bar Blasts Proposed Venue Legislation
(DBN)

______________

Guaranties:

Bad Boys Get Spanked: New York Courts Uphold Recourse Guaranties
(DBN)

_____________

Mass Torts:

RAND Report Examines Relationship of Asbestos Trusts and Torts
(DBN)

RAND Report on "Asbestos Bankruptcy Trusts and Tort Compensation"
(DBN)

______________

History:

What Would Alexander Hamilton Do?
(DBN)

______________

Litigation:

Privilege Waived? Federal Court Says Don't Blame Your Electronic Discovery Vendor
(DBN)

Are E-Discovery Sanctions More Fear Than Reality?
(DBN)

E-Discovery Sanctions, Evidence Preservation On Committee Agenda
(DBN)

______________

Electricity:

Calpine Authorizes Release of Remaining Reserve Shares, Fulfills Remaining Bankruptcy Obligations
(DBN)

______________

Solar:

Bankrupt Evergreen Solar's U.S. Govt. Benefits Mostly Unreported, Probably Impossible to Track
(DBN)

Evergreen Solar, RIP
(DBN)

When the state's bets don't pay off with Evergreen
(DBN)

______________

Celebs:

The Broke and the Beautiful: Sports Edition
(DBN)

John Edwards hires Chadbourne & Parke's Lowell
(DBN)

______________

Media:

PI Jailed for Phone Hacking Sues News Corp., Says UK Tabloid Reneged on Promised Legal Fees Payment
(DBN)

Police payment emails are becoming a growing worry for Murdoch execs
(DBN)

______________

Lehman:

From Lehman to London 2012, Field Hockey Goalkeeper Targets Olympic Gold
(DBN)

Report: Real Housewives of New Jersey's Teresa Giudice Facing Jail
(DBN)

______________

Consumer Finance:

Louisiana lets payday loans flourish
(DBN)

______________

IMF:

Strauss-Kahn Prosecutor Seen Dropping Charges
(DBN)

Paper: Strauss-Kahn accuser mulls dropping case for cash
(DBN)

Strauss-Kahn accuser lawyer questions DA's motives
(DBN)

Lawyer: Strauss-Kahn accuser 'depressed'
(DBN)

______________

UK:

UK: Family Finances Worse Than in Recession
(DBN)

Appointment of Administrators - 19 August 2011
(DBN)

Winding Up Petitions - 19 August 2011
(DBN)

IVAs reach an all-time high in Northern Ireland
(DBN)

______________

EU:

Markets move but Merkel won't
(DBN)

Germany's Merkel renews rejection of eurobonds
(DBN)

Germany can forgive the debtors – or it can throw them in the dark tower
(DBN)

ECB Set for a Lengthy Pause
(DBN)

Apple as Big as Europe's 32 Top Banks -- Combined
(DBN)

______________

PIIGS:

Greece urges EU to fully implement bailout deal
(DBN)

Greeks act to avert bank failure
(DBN)

Europe Debt Crisis Won't Be Over 'Until Greece Defaults'
(DBN)

S&P's Beers Says Greece to Default on Debt by End of This Year
(DBN)

ie: Writing off mortgage debt is an “emergency” need
(DBN)

Italian politicians bicker over belt-tightening
(DBN)

______________

MENA:

Egypt and Israel Back Away From Diplomatic Crisis
(DBN - NY Times - Paywall Limit Possible)

Benghazi Erupts With Joy as Rebels Advance in Tripoli
(DBN)

Libyan Rebels 'Captured Gadhafi's Son'
(DBN)

Edwards Duthie advises Gaddafi regime on UK asset freezing
(DBN)

World to Gadhafi: Surrender
(DBN)

Syrian Tanks Storm Protest
(DBN)

Syria warns against military intervention
(DBN)

______________

Venezuela:

S&P Cuts Venezuela's Credit Rating
(DBN)

______________

Japan:

Japan nuclear no-go areas to last 'decades'
(DBN)

______________

China:

China Construction Bank net profit jumps 31%
(DBN)

______________

New Zealand:

Administrators Struggle With Voluntary Administration Procedure
(DBN)

______________

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Copyright 2011