December 13, 2011

The Daily Bankruptcy News

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Law:

A First: Law Firm Finds New Life, Not Death, in Bankruptcy
(DBN)

Law Firms and Social Media: A Match Not Yet Made in Heaven --- Lockhart, Gardner: Law firm focused on social media
(DBN)

Suit by Fired Lawyer Claims Law Firm Encouraged Fraud with 3,000-Hour Billable Quota
(DBN)

Bonus Watch: Paul Weiss Matches --- Ropes & Gray Gets Boston Off to an Early Start --- Davis Polk Matches --- Susman Godfrey bonuses -- it's the most wonderful time of the year --- Slim associate bonuses fatten law partner profits
(DBN)

Clients Pushing for Change? Don't Be Silly!
(DBN)

Herbies slashes equity to attain magic profit figure
(DBN)

K&L Gates opens 40th office
(DBN)

AT&T, HSBC-MF Global, BP, Sabre, Apple, AMR in Court News
(DBN)

Building A Practice -- A Case Study
(DBN)

Enough with the Worthless Networking
(DBN)

Partners: Necessary suffering
(DBN)

The Purpose Driven Firm
(DBN)

Want to Outsource Legal Work? Ohio as Cheap as India
(DBN)

London finance partners criticise FSA calls to hold bank directors personally liable for failures
(DBN)

SEC Also Looks at General Counsel in Civil Investigation of Hedge Fund
(DBN)

UT Chancellor Orders Review of Law School Foundation Funds in Wake of Dean’s Resignation
(DBN)

UC Irvine Announces Better Clerkship Numbers Than Almost Everyone Else
(DBN)

Law school, a ticket to economic security? Better run the numbers
(DBN)

King & Spalding Lawyer Received Key Email As Prosecutors Seek Death Penalty Against Stephen McDaniel
(DBN)

Sorority Sisters Arrested For Stealing Baby Jesus, Mary, Joseph
(DBN)

"The Good Wife" - Justice is a joke in Cook County
(DBN)

Mug Shots
(DBN)

Rash Of Unsolved Tuba Thefts
(DBN)

Cops: Woman Broke Into 27 Homes After Dropping Kids Off At School
(DBN)

Saudi Arabia executes woman for 'sorcery'
(DBN)

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Judges:

Embattled Texas Lawyer Files Slander Suit Against Suspended Family Court Judge
(DBN)

Now You See It, Now You Don’t: Supreme Court Posts Opinions Early, Then Removes Them
(DBN)

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Wall Street:

Stock Futures Follow Europe Stocks Higher
(DBN)

US Stocks Fall on Rating Companies' Comments --- Wall Street tumbles on Europe, Intel's lowered outlook
(DBN)

The Best and Worst of Wall Street 2012
(DBN)

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Layoffs:

Can America regain most dynamic labor market mantle ?
(DBN)

Real unemployment rate at 11%
(DBN)

Jobs Outlook Dims in Most Major Economies: Report
(DBN)

Jobs needed to reach 8% unemployment rate by November 2012
(DBN)

More Layoffs Ahead for Financial Industry
(DBN)

Jefferies Starts Cutting Workers Amid Stock Drop
(DBN)

How long should we help the unemployed?
(DBN)

Long Term Jobless Eye Bleak Future
(DBN)

Extension of Jobless Benefits: What's at Stake
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Furniture retailer RoomStore files for Ch.11 bankruptcy protection
(DBN)

Macy's to Keep Stores Open 24 Hours for Holiday Shopping Homestretch
(DBN)

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Celebs:

MC Hammer sued over back taxes
(DBN)

Creditors Out For Jermaine Dupri!!! Lamborghini Repossessed! ‎
(DBN)

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Baseball:

Judge says Fox may be able to depose MLB exec
(DBN)

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MF Global:

Jon Corzine: The T-Shirt
(DBN)

Corzine at MF Global, a hands-on gambler --- Corzine Personally Pushed Big MF Global Bets --- Corzine was banking on bailouts, regulations --- Jon Corzine, rogue trader
(DBN)

Author Of "House Of Cards" Rips Into Jon Corzine's Cozy Ties To Washington
(DBN)

Executives seek distance on missing money --- Officials Say They Don't Know Location of Client Funds
(DBN)

CME won't guarantee funds that remain missing from MF Global --- CME to Customers: Drop Dead --- Chicago traders revolt at change in CME rules
(DBN)

MF Global and Rehypothecation
(DBN)

MF Global's US And UK Customers Got Screwed By A Little Thing Called Regulation T
(DBN)

MF Global Brokerage Trustee Giddens Outlines Rules for Customer Claims
(DBN)

MF Global Cash at JPMorgan Presumed Its Own, Freeh Says
(DBN)

Jon Corzine's Second Act
(DBN)

Farmers will be front and center at MF Global hearing
(DBN)

Europe's MF Global trade
(DBN)

George Soros Is Up $130,000,000 On Those Crummy MF Global Bonds He Just Bought
(DBN)

MF Global and MF Global UK: What Every End-User of Futures and OTC Derivatives Should Be Thinking
(DBN)

Were The Risks Clear?
(DBN)

How Financial Reform Helped Destroy MF Global
(DBN)

CFTC Backs MF Global's $2.1 Billion Payout Before Hearing
(DBN)

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Trucking:

Former Arrow employees to receive second distribution
(DBN)

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Aviation:

American faces first hearing with creditors
(DBN)

American to Receive New Planes
(DBN)

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Furniture:

KLN Steel gets another extension
(DBN)

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Compensation:

Is clawback the new market standard?
(DBN)

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Economy:

Payroll tax cut: Divide over how to pay for it
(DBN)

A little better GDP Growth in Q4
(DBN)

If Fed Opts for More Easing, Price Could Hit $1 Trillion
(DBN)

US Treasury 3-Year Note Sale Has Strongest Interest In Decades
(DBN)

Some Economists Speculate Fed Could Trim Discount Rate
(DBN)

Central bank secrecy datapoint of the day
(DBN)

The Fed won't tell you which countries borrowed $586B through its swaps program
(DBN)

More fun and games from the Fed
(DBN)

Bloomberg News Responds to Bernanke Criticism of Coverage
(DBN)

Upwards Mobility Harder to Do in America
(DBN)

NYC: more income inequality than Brazil
(DBN)

Europe a Preview of What May Happen in US?
(DBN)

How Spending and Saving Are Changing
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

People are not corporations, and financial journalists are not ordinary people
(DBN)

Principal reduction outpaces short sales under HAMP
(DBN)

Inflated home sales figures from 2007-10 to be lowered --- Bust to Look Worse With Sales Revised
(DBN)

Bair refutes claims she will monitor foreclosure deal between AGs, banks
(DBN)

Florida Supremes: The “Robo-Signing” Show Must Go On
(DBN)

Nevada: Massive foreclosure fraud's scope revealed by transcripts
(DBN)

Foreclosures On Pause
(DBN)

Surging student loan debt threatens homeownership
(DBN)

Federal agency sues Chicago over vacant property lender rules
(DBN)

The King of All Vegas Real Estate Scams
(DBN)

$150 Million Mortgage Fund Ponzi Scheme
(DBN)

Lehman Brothers estate fighting Zell for Archstone --- US trustee objects to Lehman's hiring of Gleacher for Archstone deal
(DBN)

DebtX liquidates loans of failed real estate fund
(DBN)

Investors flock to collateralized mortgage obligations
(DBN)

Analyst sees bright spots in CMBS
(DBN)

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Alternative Energy:

Solyndra assets slated for December, January auctions
(DBN)

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Newspapers:

Lee files bankruptcy case to complete refinancing
(DBN)

Newspocalypse 2.0: Another Newspaper Company Is Bankrupt
(DBN)

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Protests:

Occupy the ports --- Protesters blocking gates at West Coast ports, halt operations at some --- Goldman Sachs Target of Occupy Port Protests --- The Protesters March On 'The Vampire Squid' --- They're Just Getting Started
(DBN)

Word Is Zuccotti Will Be Closed Around Christmas, So Occupy Wall Street Decided There's Only One Thing To Do
(DBN)

Occupy Harvard Mars Recruiting by Goldman
(DBN)

Tired Of Occupy Wall Street? Check Out The First-Ever 'Occupy A Desk' Job Fair
(DBN)

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Autos:

Saab to file for bankruptcy : report --- Friday the likely do or die day for Saab --- Saab gets 11th hour payment from China's Youngman
(DBN)

Aptera's assets going to the auction block next week
(DBN)

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Fraud:

Rajaratnam To Get His Bail Money Back -- Symbolic Victories
(DBN)

Best Out Of Office Message Ever.
(DBN)

Sen. Grassley: Hedge Funds May Have Gotten ‘Special Treatment’ From Medicare Administrator
(DBN)

Bank of New York Mellon Sued by Funds for Negligence Over Madoff Scheme
(DBN)

Madoff Trustee Sues Credit Suisse to Recover $375 Million
(DBN)

MF Global Case Exposes JP Morgan COMEX Fraud
(DBN)

Fair Finance investors object to Brizzi settlement
(DBN)

Fla. Ponzi scammer begins 2-week lawyer grilling --- Scott Rothstein Reverses Himself on Crucial Facial Hair Issue! --- Judge mulls transcript releases in Fla. Ponzi case
(DBN)

Battle Heats Up Between Stanford Receiver and Antiguan Liquidators
(DBN)

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Politics:

Gingrich Jabs Romney for His Call to Return Fees to Freddie Mac
(DBN)

Gingrich Plan to Add $1.3T to Deficit, Study Finds
(DBN)

The Bobs: A Problem for Mitt Romney
(DBN)

AP FactCheck: GOP Presidential Debate
(DBN)

Poll: Little love for big gov
(DBN)

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Health Care:

Creditors meeting in NY dental chain bankruptcy
(DBN)

Allcare Dental sells off equipment
(DBN)

Hospital's future in Clark council's hands, judge says
(DBN)

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Television:

Creditors say Roberts Broadcasting transferred $800,000 to other companies
(DBN)

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Debt Collection:

NPR Reports that Debtors Prisons Are Alive and Well
(DBN)

Illinois Debtors Thrown In Jail: Lisa Madigan Working To Stop Debt Collector Arrest Warrants
(DBN)

Houston debt collector sued by Texas A-G for claiming law enforcement ties
(DBN)

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Food/Beverage:

GE Cap to get its Round Table Pizza slice
(DBN)

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IP:

Can Righthaven survive latest legal blow?
(DBN)

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Resorts:

Grand Bear has tentative deal on $10 million in debt
(DBN)

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Forest Products:

Sino-Forest Will Miss Earnings Deadline --- Warns of insolvency
(DBN)

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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)

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Miscellaneous:

Nebraska Book, Post-Dispatch, MF Global, GenMar: Bankruptcy
(DBN)

Rochelle on Vitro, Lehman, Syms-Filene's Bankruptcies
(DBN)

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Bankruptcy Statistics:

Bankruptcy Filings Drop for 13th Consecutive Month
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Poetry:

American Airlines
(DBN)

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Plan Confirmation:

Delaware Bankruptcy Court Ruling Likely to Complicate Reorganization of Multiple-Debtor Cases
(DBN)

Bankrupt Hoteliers Take Plans to Supreme Court --- Supreme Court to Weigh 'Meaty and Sexy' Corporate- Bankruptcy Case
(DBN)

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Chapter 13:

The Pretend Solution: An Empirical Study of Bankruptcy Outcomes
(DBN)

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Litigation:

The Edge Act Keeps AIG’s Suit Against Bank of America in Federal Court
(DBN)

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Municipalities:

As the possibility of bankruptcy looms, Mt. Vernon schools to host public forum
(DBN)

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Insurance:

HSBC Bank USA Pulls Out of MBIA Restructuring Lawsuits in New York Court
(DBN)

British American Creditors To Get 35%
(DBN)

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Corporate Reform:

Majority of Americans would blow whistle-poll
(DBN)

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Banking:

Two Questions: Bank Closures Winding Down? FDIC WaMu Lawsuit Settled?
(DBN)

WaMu Reaches Settlement Providing for $7 Billion Creditor Payout
(DBN)

Former WaMu execs agree to settle FDIC lawsuit
(DBN)

Still Too Big To Fail? --- Part 2
(DBN)

Pain May Not Be Over for Beaten Down Bank Stocks
(DBN)

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Shipping:

World Fuel's Shares Seen Riding Shipping Bankruptcies
(DBN)

General Maritime Creditors Balk At Oaktree Restructuring Pact
(DBN)

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Sovereigns:

Industrialized nations' borrowings to pass $10 trillion for year
(DBN)

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UK:

UK: Recession Will be Much Worse
(DBN)

Sarkozy: We need Britain, but there are now 'two Europes' --- EU plots revenge against Britain
(DBN)

E&Y appointed Battersea Power Station administrator
(DBN)

Output hits 29-month low as optimism among UK businesses plummets
(DBN)

English counties worst hit by bankruptcy revealed
(DBN)

BBC: Jobless Fears Rise Globally
(DBN)

Debt-ridden hospitals told to reform to save patients' lives ‎
(DBN)

Appointment of Administrators - 12 December 2011
(DBN)

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EU:

Fitch Says EU Summit Does Little to Ease Pressure on Debt Crisis --- A 'Comprehensive Solution' To The Euro Crisis Is Just Not On The Table

(DBN)

Euro zone fiscal pact fails to restore confidence --- Europtimism Didn’t Last Long --- Celebration Succumbs to Concern
(DBN)

European Banks Hunt for Ways to Increase Capital
(DBN)

EU Banks Taking Government Cash Seen Sparking ‘Vicious Cycle’
(DBN)

Europe Crisis Tracker
(DBN)

Krugman: New Fascism on March in Europe
(DBN)

JP Morgan: Euro Breakup Speculation to Rise
(DBN)

What Can Individual Euro Zone Countries Do to Solve Crisis?
(DBN)

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PIIGS:

An Alarming Greek Contingency: What if It Drops the Euro?
(DBN)

Gov’t plays down need for austerity
(DBN)

Greek minister hopes for new bailout deal by end January
(DBN)

Greek Budget Deficit Widens 5.1%
(DBN)

Greek bank index takes tumble to its lowest since 1989
(DBN)

STT Said to Seek Eircom Debt Clause in Event of Irish Euro Exit
(DBN)

Spain's Successful Treasury Auction Delivers Lower Yields
(DBN)

Spanish Banks on Downgrade Review at Moody’s
(DBN)

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Canada:

Receivers Beware: The “Cost” of Pursuing Assets in Ontario
(DBN)

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Australia:

The Centro schemes: Australia's most complicated restructuring?
(DBN)

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Latvia:

Latvia's Biggest Bank Fights Off Deposit Run
(DBN)

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MENA:

Kuwait's Global given a chance for a USD1.7b debt restructure
(DBN)

Nakheel to make profit payment soon
(DBN)

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China:

The Chinese Real Estate Downturn: The Evidence Is Overwhelming
(DBN)

This Abandoned Theme Park On The Edge Of Shanghai Is Only The First Sign Of A Major Crash
(DBN)

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Copyright 2011