August 4, 2011

The Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

Dodgers Owners Frank McCourt Takes On His Former Law Firm
(DBN)

Buffalo City Council Irate Over Law Firm Ad
(DBN)

Wiley Rein's First Bill for Howrey Bankruptcy : $264,000
(DBN)

Lawsuit Against McDermott Puts Spotlight On Temp Lawyers
(DBN)

McCalla Raymer doubles space at 110 Tower
(DBN)

Freshfields and Linklaters mull shake-up of lockstep models
(DBN)

Bakers holds London associate pay levels as US firms set salary rates
(DBN)

Diversity and Its Impact on the Legal Profession
(DBN)

Vault's 2012 Best Law Firms for Diversity
(DBN)

How many kids does it take to kill a woman's career?
(DBN)

A Few Accounting Essentials Can Spell Survival
(DBN - NY Times - Paywall Limit Possible)

Don’t Trust Your Young Associates!
(DBN)

Leave Your Attorney Fee to Your Clients
(DBN)

There's One Page, In One Jurisdiction, That Will Win Your Case – Go Find It or Lose!
(DBN)

Technology To Make Your Life Easier And More Secure
(DBN)

5 Ways to Create More Available Time
(DBN)

How to Capture More Time with Better Timekeeping Habits
(DBN)

Ethical Bounds of Using Evidence From Social Networks
(DBN)

E-Discovery Drives $576K Costs Levied on Plaintiffs
(DBN)

Lawyer Pleads Guilty to $47 Million Ponzi
(DBN)

Law School Confidential
(DBN)

University President Defends His Firing of Law School Dean While Students Rally
(DBN)

New Rules Are Changing the Law School Game
(DBN)

A Closer Look at Stephen McDaniel, Lauren Giddings, and Mercer Law School
(DBN)

Classmate of Slain Mercer Law Grad Faces Felony Murder Charge, But Questions Still Remain
(DBN)

Is An MBA Worth It?
(DBN)

New Way To Get Out of Jury Duty: Order Lots and Lots of Food
(DBN)

Casey Anthony Faces “Great Peril,” Her Attorneys Say
(DBN)

Widow of Slain Ex-Covington Lawyer Settles With Ex-Arent Partner and Pals Acquitted in Cover-Up Case
(DBN)

SEC OK's Enron Lawyer Jordan Mintz to Practice Securities Law
(DBN)

Lawsuit of the Day: Wigger Day Is So Not Cool
(DBN)

A Strip Search Over a Chicken Sandwich?
(DBN)

Trou Tom Might Lose His Law License
(DBN)

Homeless Man Is a Frequent Plaintiff, Collecting Hundreds of Thousands of Dollars
(DBN)

Attorney Is Disbarred After Conviction for Stealing a Vacuum Cleaner
(DBN)

Forced to Leave Wal-Mart
(DBN)

Polygamist trial jury hears recording of alleged ----
(DBN)

Utah owes millions in 'strange' ruling
(DBN)

And You Thought Lawyers Were Only Dead Inside
(DBN)

FrontPoint, JPMorgan, UBS, TCW, Citigroup in Court News
(DBN)

Foreclosure Probe, BAT Document Quest, BofA, Total, CIBC in Court News
(DBN)

______________

Judges:

Kagan: Our Opinions May Leave Wrong Impression on Collegiality
(DBN)

Judge is “Happier Than A Tick on A Fat Dog”
(DBN)

Former federal judge to serve last three months of sentence in home confinement
(DBN)

Legal Journal Releases Justice Scalia Baseball Card
(DBN)

______________

Wall Street:

Stock futures signal lower open; data eyed
(DBN)

Stocks Stage Huge Turn Around, As The QE3 Talk Begins For Real
(DBN)

U.S. Stocks Erase Losses on Bets Fed to Provide More Stimulus
(DBN)

U.S. Stocks Advance, Preventing Longest Dow Retreat Since 1978
(DBN)

After Furious Comeback, Dow Snaps Steep 8-Day Losing Streak
(DBN)

Default Concerns Prompt Investors to Flee U.S. Money-Market, Stock Funds
(DBN)

______________

Layoffs:

Job growth slows and layoffs rise to 16-month high, reports say
(DBN)

Map: Unemployment by State
(DBN)

More Workers Quit Amid High Joblessness
(DBN)

Private-sector adds 114,000 jobs in July: ADP
(DBN)

States make big cuts to unemployment benefits
(DBN)

With Layoffs Rising, Obama Preps For Jobs Pep Rally
(DBN)

Obama, Bernanke out of ammo to boost jobs, growth
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Gambling:

Hotel Bankruptcy Won't Impact Hooter's Restaurants
(DBN)

______________

Food/Beverage:

All Giordano’s now using approved pizza ingredients, court trustee says
(DBN)

El Pollo Loco franchisee puts 9 SoCal units up for sale
(DBN)

Mrs. Fields Couples Cookies, Caffeine in New Venture
(DBN)

A&P Seeks More Time to File Reorganization Plan
(DBN)

Krystal restaurant chain up for sale
(DBN)

______________

Aviation:

AMR's Equity Still Practically Worthless, Merger Will Not Save Airline
(DBN)

______________

Sanctions:

Bankruptcy court awards debtors actual attorney's fees as sanction against attorney for violating court's discharge injunction
(DBN)

______________

Corporate Reform:

Richard Cordray's confirmation waits while Senate goes home
(DBN)

Warren Reportedly Ready to Drink From Poisoned Chalice of a Senate Bid
(DBN)

Mrs. Warren’s profession
(DBN)

Telecom vet answers call to join CFPB
(DBN)

Dodd-Frank's winners: Revolving-door regulators
(DBN)

______________

Newspapers:

Lee Enterprises to Swap Debt or File for Bankruptcy
(DBN)

Lenders Back Publisher Lee's Debt-Exchange Plan
(DBN)

______________

Economy:

Feldstein, Recession Panel Members See Rising Odds of a Renewed U.S. Slump
(DBN)

U.S. Economy Running at 'Stall Speed' Pimco, BlackRock Say
(DBN)

US borrowing tops 100% of GDP
(DBN)

Unemployment rose in nearly all US cities
(DBN)

Hope Is Not A Plan
(DBN - NY Times - Paywall Limit Possible)

Cantor Suggests Entitlement Promises Will Be Broken
(DBN)

Debt Deal Compromise to Spark Debate Over Medicare Cuts, Taxes
(DBN)

Debt Panel Membership to Send Signal on Chances for Tax Overhaul
(DBN)

How Washington Took US to the Brink
(DBN)

Debt Deal's Biggest Loser: The Average American
(DBN)

The Epic Conclusion To The Hilarious Debt Ceiling Comic Strip :))
(DBN)

America's Defense Cuts Will Be Much Larger Than The Reported $350 Billion
(DBN)

U.S. Economy Needs a New Business Model
(DBN)

Fed’s Kocherlakota: Core Inflation To Drive U.S. Monetary Policy
(DBN)

Former Top Fed Officials Signal Support For QE3 If Inflation Slows
(DBN)

Paul Singer's Economic Manifesto
(DBN - NY Times - Paywall Limit Possible)

World poorly placed to meet new economic crisis
(DBN)

Pentagon: Spending Cuts to Hurt Security
(DBN)

Would Cuts to Military Threaten Our Security?
(DBN)

The 15 Biggest Deficits In The Developed World
(DBN)

Freight Shipments Down 3.7% in July
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Leahy, Blumenthal press leading national mortgage servicing companies about foreclosures in bankruptcy courts
(DBN)

FDIC Sues Law Firm, Says Security Deed Errors in $2.8M Loan Closing Bar Foreclosure
(DBN)

Seven modification companies cited for fraud in N.J.
(DBN)

Fannie Mae, Freddie and the Financial Crisis
(DBN)

Lawmakers push for year-long forbearance on GSE mortgages
(DBN)

New BofA settlement talks could cut some mortgages
(DBN)

In Seeking Waiver, BofA Admits They Violated Numerous Laws
(DBN)

Mortgage rates plunge, flirting with new lows
(DBN)

Mortgage applications rise 7.1%
(DBN)

Plunging Mortgage Rates Won't Juice Housing
(DBN)

Real estate agents to lenders: Short-sale process broken
(DBN)

Miami-Dade housing prices up 12.5% on non-distressed sales
(DBN)

Boca Raton attorney's office was causing 'great public harm,' Florida Bar says
(DBN)

Florida AG Seeks Independent Probe Of Firing Of Foreclosure Investigators
(DBN)

Former Florida chief circuit judge joins Watson foreclosure law firm
(DBN)

Family Lives in Backyard While Courts Decided Possible Foreclosure Error
(DBN)

Suit Claims Actress Faye Dunaway Doesn’t Live in Rent-Stabilized Apartment
(DBN)

Rats Spread As Baltimore Fights Foreclosures
(DBN)

Home prices edge up in June, but fail to meet 2010 levels
(DBN)

Judge nixes bank's attempt to foreclose on ---less bar
(DBN)

Ally Financial mortgage buyback claims surpass $1 billion
(DBN)

Sliding Sales Listings Lift Housing Outlook
(DBN)

Manhattan Apartment Tower Owner Files for Bankruptcy
(DBN)

CMBS Late Pays Hit New High
(DBN)

The Condo Sector Struggles To Regain Its Footing
(DBN)

_____________

Fraud:

Picard clawback claims: They're still standing, at least for now
(DBN)

Hugh Hefner's son-in-law accused of insider trading
(DBN)

Fair Finance sues bank over sale of Durham Duesenberg
(DBN)

Ark. lawyer, businessman pleads guilty to bank fraud
(DBN)

SEC pays Madoff sleuth a bonus. How do I get that job?
(DBN)

SEC Paid Bonus to Employee Faulted in Madoff Case, Watchdog Says
(DBN)

SEC sues Houston money manager
(DBN)

'Millionaire Matchmaker' Awaits Verdict In Fraud Case
(DBN)

FrontPoint's Former Manager "Chip" Skowron Might Plead Guilty In The Massive Insider Trading Crackdown
(DBN)

Dreier LLP Trustee's Bid to Recoup Funds From Bank Rejected
(DBN)

______________

Football:

Oklahoma City's Bricktown Brawlers file for Chapter 7 bankruptcy
(DBN)

Court documents reveal Bricktown Brawlers' empty coffers
(DBN)

______________

Municipalities:

If a Town Can Go Bankrupt, Why Can't the U.S.?
(DBN)

List of Central Falls' 20 largest creditors is released
(DBN)

Central Falls receiver tells bankruptcy judge status quo unsustainable
(DBN)

Central Falls council to meet, talk bankruptcy
(DBN)

A dispatch from day one of Central Falls' bankruptcy case
(DBN)

Rhode Island Law a Boon For Bondholders
(DBN)

Central Falls aims to exit bankruptcy in 6 months
(DBN)

Official Reacts To Thompson's Fiscal Plan
(DBN)

Jefferson County expected to delay bankruptcy vote
(DBN)

Jefferson County Bankruptcy Filing May Not Block Credit Access in Future
(DBN)

______________

Autos:

GM Recovers, but Investors Look Away
(DBN)

GM results may hasten Treasury's exit
(DBN)

Research shows dealer profits down as financial distress continues
(DBN)

Investment fund buys into Saab rescue
(DBN)

______________

Tax:

IRS Pursues Offshore Tax Havens to Locate U.S. Taxpayers with Undisclosed Assets
(DBN)

Debt-Relief Hucksters Move FTC Complaint to California
(DBN)

______________

New Bankruptcy Opinions
(2 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:

Lehman, Giordano’s, Trico Marine, SunCal Cos.
(DBN)

Lehman, Hooters, School Buses, and Tankers
(DBN)

______________

Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Extended Stay Trust Seeks to Transfer Blackstone Suit to District Court, Citing Stern
(DBN)

Post-Confirmation Litigation – the Devil is in the Disclosure Statement
(DBN)

______________

Standing:

Other People’s Money
(DBN)

______________

Bankruptcy Poetry:

The Sandbox
(DBN)

Greek Crisis
(DBN)

______________

Corporate Governance:

Dear Former Directors of Disgraced Firms: Your Future’s So Bright, You Gotta Wear Shades
(DBN)

______________

Avoidance Actions:

Recent “Settlement Payment” Decision Has First Beneficiary
(DBN)

______________

Lehman:

Lehman European arm vexed over claim treatment
(DBN)

Transatlantic Fight Splits Clients Of Lehman U.S., Europe Units
(DBN)

Does Lehmans loss denote disaster for HMRC?
(DBN)

Lehman Brothers strikes Hong Kong liquidation deal
(DBN)

______________

Hotels:

The Biggest Hotel Projects Started This Year
(DBN)

Bankruptcy stalls plans for deserted hotel
(DBN)

______________

Oil/Gas:

Bankruptcy case pits Corpus Christi investor, debtor in multimillion dollar contest of wills
(DBN)

______________

Banking:

Director's of failed banks suffer little consequence
(DBN)

RBS To Cut 2,000 Jobs
(DBN)

The Next Bank Bailout Bloodbath Is Here
(DBN)

______________

Religion:

Alleged molestation victims sue Monterey diocese
(DBN)

______________

Celebs:

Quaids Say California Corruption Preventing Their Return From Canada
(DBN)

______________

Retailing:

Luxury Goods Flying Off Shelves
(DBN - NY Times - Paywall Limit Possible)

Retail Sales Seen Rising in July
(DBN)

Wal Mart Buyers Defecting
(DBN)

______________

Consultants:

AlixPartners Acquires Boston-Based Financial Services Consultancy Mercatus LLC
(DBN)

______________

Pensions:

DOL Independent Fiduciaries Help Corporations Fleece Pensions
(DBN)

______________

Publishing:

Borders Goes Bust — Will Amazon Kindle Be Next?
(DBN)

______________

IMF:

New IMF Chief Faces Investigation
(DBN)

______________

UK:

Reality Bites Public Pensions
(DBN)

Bird & Bird takes lead role as holiday company goes into administration
(DBN)

Winding Up Petitions - 3 August 2011
(DBN)

Pre-pack administrations and the Insolvency (Amendment) (No.2) Rules 2011
(DBN)

New Insolvency Service website now live
(DBN)

LG wins high-profile role on Stanford Bank liquidation
(DBN)

______________

EU:

European Debt Crisis Interrupts Officials’ Vacation Plans
(DBN)

EU insolvency harmonization “a step too far”
(DBN)

Fears Up Over EU's Health as Economy Stalls
(DBN)

______________

PIIGS:

Spanish risk premium soars, PM interrupts holiday
(DBN)

Spanish Yields Surge in EU3.31 Billion Sovereign Debt Auction
(DBN)

Berlusconi fails to stem rising panic
(DBN)

Market pressures ease for both Italy, Spain
(DBN)

Greece hopes to complete EU, private sector deal by Oct
(DBN)

IMF: Important That Greece Private-Creditor Talks Be Brought To Early Conclusion
(DBN)

Irish Diseases Return to Economy as Jobs Scarcity Spurs Exodus
(DBN)

______________

Germany:

German Insolvencies Declined 11% in First Half
(DBN)

______________

Australia:

Elderslie creditors gun for Hewson
(DBN)

Australian Retail Sales Unexpectedly Fell for Second Month
(DBN)

______________

Asia:

Asia distressed assets: off the radar
(DBN)

Energy policy chaos threatens Japan's economy
(DBN)

______________

 

 

 

Please note that The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that The Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive The Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when The Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $55/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase. Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address which is on our distribution list (if receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list). You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries).

 

Copyright 2011