August 5, 2011

The Daily Bankruptcy News

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Law:

Some Firms Housing Busy Lawyers On Site in Sleeping Pods
(DBN)

Wachovia Get Dreier-Related Suit Tossed, While Rothstein Suits Settle
(DBN)

Ex-Partner of Ex-Lawyer and Convicted Swindler Scott Rothstein Now Makes a Living via ADA Suits
(DBN)

There is Life After the ‘No Offer’
(DBN)

Return to Sisterhood
(DBN)

Ropes lawyer behind Romney’s mystery money?
(DBN)

A Lawyer's Experiment With 'Name Your Own Price' Fees
(DBN)

Ropes & Gray Sued by Former Black Associate John H. Ray III: Deja vu Charney, Nelson
(DBN)

Loeb &Loeb expands Chicago bankruptcy group
(DBN)

Lawyer Admits $47M Ponzi Scheme Based on Fake Rural Improvement Bonds; May Be Ark.‘s Biggest Fraud
(DBN)

Skadden vs. NYPD in the Case of the Missing Boy
(DBN)

Panic as suspicious white powder is discovered at HogLove
(DBN)

The Plot Thickens: Say Hello to ‘Hacksaw McDaniel’
(DBN)

Ex-Sullivan & Cromwell Lawyer Charged With Failing To Pay Taxes
(DBN)

Thomson Reuters Loses a Giant - Peter Jackson
(DBN)

Linklaters' lockstep revamp to allow reversal of positions
(DBN)

NALP and the ABA Must Compromise
(DBN)

Two Cold Cases Cracked Thanks to DNA Evidence
(DBN)

Family Affrays
(DBN)

Mizuho, Rubicon, ConocoPhillips, Lehman, SocGen in Court News
(DBN)

Lawyers, You Can Sleep When You’re Dead
(DBN)

Law License Plates: Defenders Unite
(DBN)

Mattel Ordered to Pay $225M in Punitives, Attorney’s Fees and Costs in Bratz Doll Case
(DBN)

Squire Sanders Raids Major Australia Firm; 15 of 19 Minter Partners in Perth Likely to Join US Firm
(DBN)

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Judges:

The Push for Judicial Diversity
(DBN)

Even If All Judicial Vacancies Were Filled, We’d Still Need More Judges
(DBN)

ABA members to hear from Justice Breyer
(DBN)

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Wall Street:

Stocks poised for another drop; all eyes on payrolls
(DBN)

Dow Jones Slides, Asian Markets Follow - Wall Street Reeks of 'Fear'
(DBN)

Stocks Skid Amid Lack of Action From Leaders
(DBN)

Stock-Market Free Fall: Surveying the Damage
(DBN)

Dow Sinks 500, Worst Day Since Dec. 2008
(DBN)

Dow’s losing streak unmatched since 1978
(DBN)

The real reason why stocks are tanking
(DBN)

Dow Jones index falls, erases gains for year
(DBN)

Investors Are Hoarding Piles Of Cash At Banks Amid The Market Freak Out
(DBN)

Global stock sell-off accelerates
(DBN)

Heavy Volume: Nearly 14 Billion Shares Traded In Stock Skid
(DBN)

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Layoffs:

Dems warn long-term jobless could derail recovery
(DBN)

Why Companies Aren't Hiring
(DBN)

Employment Situation Preview: Another Weak Report
(DBN)

Jobless claims last week weren't under 400,000 for first time in 16 weeks
(DBN)

Goldman: Stalling Jobs Market May Foreshadow Recession
(DBN)

Call Centers to Hire 100,000
(DBN)

The Permanent Destruction Of "McJobs" Is Just Getting Started
(DBN)

U.S. Payroll Gain Was Likely Too Small to Cut Unemployment
(DBN)

Labor's Decline and Wage Inequality
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Madoff victims face hurdles suing banks
(DBN)

Does Dreier Decision Foreshadow Trouble For Madoff Trustee?
(DBN)

Insider-Trading Fever, Catch It!
(DBN)

Former Oriole Doug DeCinces charged with insider trading
(DBN)

Creditor Fraud In Bankruptcy Proceeding Is Not A "Fraud On The Court" For Rule 60 Purposes
(DBN)

Sources: FBI, IRS investigating Donnan
(DBN)

Rajat Gupta, SEC Agree to Drop Galleon-Related Suit, Administrative Action
(DBN)

The "shorts" who popped a China bubble
(DBN)

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Retailing:

Goodbye, Borders Executives
(DBN)

Borders landlords wary of lease sale plan
(DBN)

July Retail Sales Hint at Solid Back-to-School Season
(DBN)

Retail sales reports highlight customer caution
(DBN)

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Aviation:

Newark Airport Named Worst for Delays
(DBN)

New Caledonian airline faces bankruptcy
(DBN)

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Bankruptcy Crimes:

Vegas real estate agent pleads guilty to tax, bankruptcy fraud
(DBN)

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Toll Roads:

Public could soon own troubled California toll road
(DBN)

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Corporate Governance:

The War on Shareholder Activists
(DBN)

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Corporate Reform:

Raj Date Now Running Consumer Financial Protection Bureau
(DBN)

Casting Aside Elizabeth Warren
(DBN)

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Receivers:

Receiver Battles Holder of Right of First Refusal and Wins…This Time
(DBN)

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Religion:

$24.8M settlement for Oblates of St. Francis de Sales
(DBN)

Younger priests fear 'being in public'
(DBN)

OC diocese settles abuse lawsuit
(DBN)

Community Shocked By Abuse Charge Against Priest
(DBN)

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Economy:

Deeper Recession Looms as Unemployment Benefits Dry Up
(DBN)

Treasury Yields Evoke Eisenhower Era Amid Stall
(DBN)

Time to Say It: Double Dip Recession May Be Happening
(DBN)

The global economy comes to the end of its string
(DBN)

Debt relief replaced with recession fear
(DBN)

Minus 512, 2.4 Percent
(DBN - NY Times - Paywall Limit Possible)

What does the stock sell-off mean?
(DBN)

Nervous Investors Chase Low-Risk Assets
(DBN)

Two-year Treasury yield drops to record low
(DBN)

Wrong And Right
(DBN - NY Times - Paywall Limit Possible)

White House Officials Confident Geithner to Remain as Treasury Secretary
(DBN)

Tim Geithner Jokes That The White House Has Him On Ankle Bracelet Lockdown
(DBN)

The coming crises of governments
(DBN)

Poll: Majority Against Automatic Cuts
(DBN)

Consumer Moods Sour More in August
(DBN)

CEO Confidence Slipped in July
(DBN)

IRS Sees Just A Few Thousand Multi-Millionaires
(DBN)

Drunken Ben Bernanke Tells Everyone At Neighborhood Bar How Trashed U.S. Economy Really Is :))
(DBN)

Rich are Spending Like It's 2006
(DBN)

US: More Like a Failed State
(DBN)

Ex-Obama aide Lawrence Summers sees 33% chance of new recession
(DBN)

BEA revised 2009 & ’10 Personal Income Sharply Lower
(DBN)

Learning to Live With Debt
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

NY AG Unsheathes Excalibur
(DBN)

BNY Mellon Broke New York Law, Misled Investors on Mortgages, State Claims
(DBN)

Citigroup Said to Get California Subpoena Over Mortgage Securitizations
(DBN)

Wells Fargo Suit Says Bank Failing to Obey Federal Reverse Mortgage Rules
(DBN)

Bank of America Sees Claims Rising From Fannie Mae for Mortgage Buybacks
(DBN)

Standing to Invoke PSAs as a Foreclosure Defense
(DBN)

Pricing a Home? First Check Distress Sales
(DBN)

LPS: Foreclosure Starts Increased in June
(DBN)

Mortgage rate falls to 8-month low
(DBN)

How to Think About Refinancing
(DBN)

Mortgage losses threaten PMI's ability to write new insurance
(DBN)

Mortgage insurance stocks roiled by jittery market
(DBN)

S&P downgrades PMI Mortgage Insurance on shutdown risk
(DBN)

Dow drop takes mortgage stocks with it
(DBN)

Five Lawyers Charged In $58M Mortgage Fraud Scheme
(DBN)

Rumor-Beset Hollywood Mansion Files for Bankruptcy
(DBN)

Altos: Housing 'catfish' swims to the bottom again
(DBN)

Bankrupt Seattle developer Mastro and wife defy court and run
(DBN)

Commercial Mortgages Up, But for How Long?
(DBN)

RBS commercial property loans in workout up 15 pct
(DBN)

Surge of Federal REO Properties Hitting the Markets
(DBN)

CMBS Market Loses Steam as $1.5 Billion Issuance Implodes
(DBN)

Quarterly Apartment Survey: Market Conditions Tighten
(DBN)

EpiCentre creditors approve Ch. 11 bankruptcy plan
(DBN)

PennyMac earnings jump 126% as distressed investments pay off
(DBN)

Redwood earnings down 69% as valuations adjust
(DBN)

_____________

Oil/Gas:

Oil Prices Deflate to Year-to-Date Lows
(DBN)

Oil Wipes Out all of 2011's Gains
(DBN)

______________

Rating Agencies:

Italian Prosecutors Seize Documents from Moody's, S&P
(DBN)

______________

Autos:

General Motors Nearly Doubles Profit in 2nd Quarter
(DBN)

GM makes $2.5 billion, but Wall Street isn't buying
(DBN)

GM's Bankruptcy Estate Still Holds $2B In Stock, Warrants
(DBN)

Swedish union stops bankruptcy process against Saab
(DBN)

______________

Hedge Funds:

John Paulson’s Flagship Fund Sinks 15% This Year
(DBN)

______________

Baseball:

It's the first anniversary of the Rangers' bankruptcy sale
(DBN)

McCourt Attorneys Head Back to Court
(DBN)

Judge Halts Dodgers Ownership Hearing
(DBN)

Jamie McCourt considers asking divorce court to order sale of Dodgers
(DBN)

______________

Gambling:

Creditor critical of Hooters casino executive salaries
(DBN)

Hooters Casino Owner Approved to Use Cash Claimed by Noteholder
(DBN)

______________

Education:

Bankruptcy judge approves Lambuth University's lease
(DBN)

Why Is It So Hard To Get Into College? Look At The Data
(DBN)

Top Colleges In The U.S.: Finding America's Best Buys
(DBN)

______________

Resorts:

Homeowners Resurrect Ski Season At Beleaguered Idaho Resort
(DBN)

Safety Harbor Resort and Spa emerges from Chapter 11
(DBN)

______________

Debt Collection:

Widow Says BofA Dunned Her at Wake
(DBN)

______________

Tax:

U.S. charges ex-UBS banker over $215 million tax fraud
(DBN)

______________

Media:

Tribune Co. Seeks Approval of Settlement of New York State Minimum Wage Class Action Claims
(DBN)

______________

Student Debt:

While CARD Act Helps Curb Student Credit Card Debt, More Education is Needed
(DBN)

______________

New Bankruptcy Opinions
(1 new opinion 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:

Vitro, Marc Dreier, A&P, Borders, Spiegel
(DBN)

Lehman, Giordano's, Trico, SunCal, Extended Stay
(DBN)

Rochelle on Hooters Casino and Central Falls Bankruptcies
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Bankruptcy Poll Divided on Anna Nicole Smith Ruling
(DBN)

______________

Insurance:

As Banks Fail, Will Insurance Coverage Lawsuits Follow?
(DBN)

______________

Personal Finance:

Retirement Eludes Parents With Cash-Strapped Adult Kids
(DBN)

______________

Banking:

BNY Mellon Planning to Charge for Holding Big Deposits of Cash
(DBN)

Rival Custodial Banks Stand Pat on Deposit Fees
(DBN)

Let the Grilling of Brian Moynihan Begin
(DBN)

Bank of America Death Watch
(DBN)

RBS Swings to Loss on Greek Writedowns
(DBN)

Lloyds Banking Slips to Loss on Irish Bad Loans, Redress for Mis-Selling
(DBN)

As Hackers Steal Up to $1B Annually from Biz Bank Accounts, Victims May Have No Recourse
(DBN)

______________

Celebs:

Judge Allows Braxton to Keep Grammys, Other Belongings
(DBN)

______________

Municipalities:

Surf’s Down in California?
(DBN)

Jefferson County Will Delay Possible Ch. 9 Vote to Next Week Amid Talks
(DBN)

JeffCo Commission heads into executive session
(DBN)

Lessons in bankruptcy from west coast
(DBN)

Vallejo city manager offers bankruptcy warnings to C. Falls
(DBN)

Central Falls council meets, defers to receiver
(DBN)

Flanders says C. Falls cash woes forced him to cut talks short
(DBN)

Fiscal Disasters Like Central Falls' Are Being Replicated In Cities Across The U.S.
(DBN)

Judge pledges swift resolution of Central Falls bankruptcy
(DBN)

Central Falls Bankruptcy Triggers CU Ads
(DBN)

Rhode Island city bankruptcy may be lesson: official
(DBN)

Central Falls should merge with Pawtucket
(DBN)

Central Falls business owners fear stigma from city's bankruptcy
(DBN)

Florida CDD Developer's Bankruptcy Ruling Deals Blow to Muni Bondholders
(DBN)

______________

Derivatives:

Credit Markets Safest Since 2008 as Derivatives Migrate to Clearinghouses
(DBN)

______________

Lehman:

Lehman secures plan support from Asian affiliates
(DBN)

______________

Shipping:

Marco Polo Lender Credit Agricole Says Bankruptcy Case Is A 'Sham'
(DBN)

______________

IMF:

Only Male Flight Attendants for Strauss-Kahn
(DBN)

______________

Sovereigns:

World Debt Guide
(DBN)

Credit Default Swap Sovereign Wideners: Guess Who?
(DBN)

______________

UK:

Insolvencies up slightly as austerity measures bite
(DBN)

UK Q2 company liquidations hit 18-month high
(DBN)

Winding Up Petitions - 4 August 2011
(DBN)

______________

EU:

Why Europe's debt crisis is still spreading
(DBN)

European Commission President: Crisis no longer contained to periphery
(DBN)

Eurozone Leaders To Hold Emergency Discussions On Crisis Today
(DBN)

Is The Other Shoe Dropping In Europe?
(DBN)

Italian, Spanish, Belgian Spreads At Record, Intesa And Dexia Limit Down, Markets Plunge, Cats And Dogs Living Together...
(DBN)

ECB Resumes Bond Purchases to Help Indebted Eurozone Governments
(DBN)

Will Germany Save the Euro from Collapse
(DBN)

Junk Default Rate Faces Upward Pressure in Europe, Moody's Says ‎
(DBN)

ECB: After Botched Job, A Second Chance
(DBN)

Europe's Central Bank in Crisis Mode
(DBN)

How the US and Europe drag each other down
(DBN)

______________

PIIGS:

Zapatero Predicts Spanish Bond Yields May Rise Further as Turmoil Persists
(DBN)

Italian Economic Growth Accelerated as Debt-Crisis Contagion Slams Bonds
(DBN)

Policy Makers' Creeping Nightmare: Italy
(DBN)

ECB Said to Buy Bonds of Portugal, Ireland for Second Day to Counter Drop
(DBN)

Eircom’s New Business Plan Spells Bad News For Subordinated Debt Holders
(DBN)

______________

Germany:

Deutsche Telekom profit plunges
(DBN)

German Industrial Production Misses Big
(DBN)

______________

Russia:

Russia's Courts of Last Resort
(DBN - NY Times - Paywall Limit Possible)

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Copyright 2011