December 21, 2011

The Daily Bankruptcy News

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Law:

Law Firm Billing Rates Increase Only Slightly for Third Straight Year
(DBN)
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Bonus Watch: Dewey Get Bonuses? Why Yes, You Do! --- Schulte Roth & Zabel Leaves a Trail of Bonus Crumbs
(DBN)

The Most Fascinating Lawyers (and Stories)for 2011
(DBN)

SEC Targets Mortgage-Fraud Fighter Lawyer in Criminal and Civil Cases re Corporate Counsel Role
(DBN)

Hedge funds pay for tips on laws before they're passed - and it's legal
(DBN)

Revenge Is Best Served… Quickly: ABA DENIES Accreditation To School That Talked To The New York Times
(DBN)

Study: Jurors can't distinguish between knowing and reckless conduct
(DBN)

Top 10 New Year's Resolutions for Paralegals
(DBN)

You Know Your Law School Really Cares When You Get Holiday Cards Like This
(DBN)

Pacer App Developed by UCLA Law Grad Is Free for the Holidays
(DBN)

Four Imperatives For for 2012: The Legal Information Professional's Perspective
(DBN)

Survey: Attorneys Are a Bunch of Apple Fan Boys (and Girls)
(DBN)

Freddie Mac adds three New York law firms to attorney network
(DBN)

700 Lawyers Apply for 12 Openings at DA’s Office; Harvard Law Grad Likes the Job
(DBN)

Tort reform: Closing the lottery -- The debate over tort reform generates exaggerated claims, but also a few good ideas
(DBN)

Suit Claims Longer Courthouse Wait for Out-of-County Attorneys Is Unconstitutional
(DBN)

California Firm Puts the ‘Ghetto’ Into ‘Re-Gifting’
(DBN)

Top NJ Court Nixes Ethics Sanction re Law Firm Website’s Display of Credential Attorney Didn’t Earn
(DBN)

Verizon, Facebook, Apple, JPMorgan, Sprint in Court News
(DBN)

Stock Pumping, Sam Zell, MetLife, Aon, Lyondell in Court News
(DBN)

A lawyer's Christmas story
(DBN)

Just 37 of the top 200 firms have mobile versions of their website
(DBN)

Want a Divorce in New Jersey? Get in Line
(DBN)

Forklift Thief Jailed After Slow Speed Chase
(DBN)

Police break up drunken game of handicap scooter bumper cars
(DBN)

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Judges:

Gingrich Leads Revolt Against Judges by Vowing to Ignore Court
(DBN)

There’s a lot to learn from a lonely dissent by Sonia Sotomayor in a trusts case
(DBN)

Perry, Romney Attack Gingrich Plan on Judges
(DBN)

Paper Says Wis. Supreme Court Justice Voted on Cases of Law Firm That Represented Him for Free
(DBN)

Longtime Ga. Judge Facing Disciplinary Case After ‘This American Life’ Broadcast Will Retire
(DBN)

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Wall Street:

US Stock-Index Futures Rise as ECB Eases Squeeze in Bank Funds
(DBN)

Stocks close sharply higher
(DBN)

Jefferies Rally a Tough Act to Follow for Goldman, Morgan
(DBN)

Maybe Goldman Does Rule the World
(DBN)

Wall Street Revenue Falls as ‘Year to Forget’ Ends
(DBN)

Investors Lose Faith in Stocks As Billions Pour Out of Funds
(DBN)

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Layoffs:

Unemployment fell in 43 states in November
(DBN)

State Unemployment Rates "generally lower" in November
(DBN)

9 Books To Give Your Unemployed Friends This Holiday Season
(DBN)

The new migrant workers: seasonal Amazon employees living in RVs
(DBN)

"I'm Sorry, You're Too Stupid To Collect Unemployment" - Reformed Bread
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Saab without tears
(DBN)

Eker eyes Saab once again --- "Several interested in Saab"
(DBN)

Saab drops warranties on cars here, GM to cover older ones
(DBN)

Saab Bankruptcy : How GM's Missteps Let Down the Iconic Brand
(DBN)

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Municipalities:

San Diego: Big Claim on Bankruptcy and Pensions Possibly Debunked
(DBN)

Retired Cops and Firefighters in RI Town Accept Pension Cuts in Bankruptcy Deal
(DBN)

In Muni-Land, Bondholders Outrank Police, Firemen
(DBN)

Assured Guaranty lobbies politicians as city bankruptcy threat grows
(DBN)

Debt-ridden Harrisburg was outgunned at Capitol by top lobbyist
(DBN)

Madison County community files appeal in efforts to avoid bankruptcy
(DBN)

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Retailing:

Borders, Once Second-Largest Bookseller, to Dissolve
(DBN)

LiquiTec Industries to Conduct Liquidation of Blonder Home Accents
(DBN)

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Politics:

Brown vs. Warren: Duel of populists
(DBN)

Bain vs Solyndra : A fight the GOP must win
(DBN)

Iowa Gov: Ignore Paul Win
(DBN)

Romney-Gingrich Bid to Pin Crisis on Government Ignores Culprits
(DBN)

CNN Poll: President's approval nearing 50% --- Approval of Congress Hits New Record Low
(DBN)

Obama’s simplistic view of income inequality
(DBN)

FactCheck: Biggest Whoppers of 2011
(DBN)

Politifact lies about lying
(DBN)

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Utilities:

PSC deserves seat at the table during SME bankruptcy
(DBN)

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MF Global:

E-Mail Clues in Tracking MF Global Client Funds
(DBN)

MF Global Transfer Draws Scrutiny
(WSJ: separate paid subscription required)

MF Global Inc. Wins Extension Through April to Reject Leases
(DBN)

Ex-aides: Lying isn't among Corzine's flaws --- Disappearing without a trace
(DBN)

House Investigators Set to Question Two More Top MF Global
(DBN)

Bank of America Can Trade MF Global Claims, Judge Says
(DBN)

JPMorgan Seeks to Trade Claims on Bankrupt MF Global
(DBN)

Chased off: MF Global victims boycott JPMorgan
(DBN)

MF Global US trustee pursuing $700 million in UK
(DBN)

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Economy:

Regional jobless rates fall in November
(DBN)

Bernanke's Money Policy Seen as Successful
(DBN)

Income distribution charts of the day, middle-class edition
(DBN)

House Defies Obama by Blocking Two-Month Payroll Tax Break --- Comparison of House, Senate payroll tax cut bills
(DBN)

Payroll tax deadlock could hobble economy
(DBN)

With payroll tax cut unresolved, Congress packs up --- Paychecks Set to Shrink Unless Obama, Congress Break Impasse --- House and Senate Republicans Are Now Openly Trashing Each Other --- House Republicans compare themselves to "Braveheart"
(DBN)

Poll: Americans Don't Like What They See in 2012
(DBN)

IMF: World Economy at Dangerous Junction
(DBN)

Bankers Join Billionaires to Debunk ‘Imbecile’ Attack on Top 1%
(DBN)

The plight of the 1%
(DBN)

Public Opinion Four Years Ago: Mood Was Better Than It Is Today
(DBN)

U.S. Population Migrates from Coasts
(DBN)

VCs earned an average of 1.3% for their investors in the last decade
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

California Attorney General Sues Fannie, Freddie --- An Inconvenient Truth
(DBN)

Regulator considers mortgage debt reduction for bankrupt homeowners --- US watchdog eyes zero interest mortgage plan
(DBN)

N.Y. AG, FHFA official to work together in mortgage probe
(DBN)

BofA is talking to DOJ --- Said to Be Near Accord on Countrywide Fair-Lending Probe
(DBN)

Walkaway Joe? Oh, No!
(DBN)

Housing market improves --- Housing Starts at a 19-Month High
(DBN)

Behind the Numbers: Apartments for the Holidays
(DBN)

Evil is lurking in the shadows of those strong housing numbers
(DBN)

The Beginning Of The End Of The Housing Bust
(DBN)

Mortgage debt jumps in every US region in November
(DBN)

Housing permits promise growth, but 2011 a bleak year for homebuilders
(DBN)

Even with more buyers looking, distressed properties stay low
(DBN)

Michigan set to reform mortgage mediation process --- Florida ends foreclosure mediation program
(DBN)

25 Neighborhoods Where Houses Are Selling Like Hot Cakes
(DBN)

Fitch Downgrades Ocwen's U.S. Residential Servicer Ratings; Maintains Rating Watch Negative
(DBN)

S&P Expresses Concern About 2012 CMBS Market
(DBN)

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Aviation:

Fewer airline passengers but more crowded planes await holiday travelers
(DBN)

"Murky" outlook for US airports in 2012: Fitch
(DBN)

Pinnacle making bankruptcy moves outside bankruptcy
(DBN)

Why The Airlines Are Finally Profitable - Part II
(DBN)

Son misses father's burial after airline charges $675 to change flights
(DBN)

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Telecoms:

Without FCC approval, bankruptcy looms for LightSquared
(DBN)

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IP:

Texas bankruptcy court claims jurisdiction over ICANN and says ICANN can stay a UDRP proceeding
(DBN)

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Celebs:

Young Buck Assets Face Liquidation
(DBN)

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Alternative Energy:

Romney: Solyndra was bad policy even if it succeeded
(DBN)

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Consultants:

Rust Consulting Enters Bankruptcy Administration Market with Acquisition of Omni Management Group
(DBN)

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Museums:

Hearing set in slavery museum bankruptcy case
(DBN)

City’s lawyer questions accuracy of Slavery Museum’s bankruptcy filing
(DBN)

Slavery museum finances faulted
(DBN)

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Corporate Reform:

SEC slaps insurance giant Aon with bribery fine
(DBN)

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Baby Bottles:

Baby-Bottle Maker to Liquidate
(DBN)

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Shipping:

Full Steam Ahead: A “Landmark Victory” for Omega Navigation Enterprises
(DBN)

Caveat Lender (and Counsel): The Omega Navigation Enterprises Order To Show Cause
(DBN)

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Resorts:

Recreational Industries to defend cash use
(DBN)

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Media:

Architect of Tribune buyout sues former shareholders
(DBN)

Trib $uit: Go to Zell
(DBN)

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Lehman:

Barclays, BofA seek to quash Lehman document request on Archstone
(DBN)

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Consumer Finance:

Payday lenders suggest MLK would've fought for the freedom to charge predatory interest rates
(DBN)

Missouri, payday-lending haven
(DBN)

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Compensation:

Jefferies’ bonus bust
(DBN)

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Finance:

Banks Not Lending? Corporate Borrowing Soars in 2011
(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:

Rochelle on Vitro, LA Dodgers, Supreme Court Case
(DBN)

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Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

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LBOs:

Lyondell Creditor Trustee Sues Shareholders Over 2007 Leveraged Buyout
(DBN)

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Jurisdiction:

What Does Anna Nicole Smith Have in Common with Heller Ehrman?
(DBN)

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Avoidance Actions:

Lyondell Creditor Trustee Weisfelner Sues Over Transfers
(DBN)

Anderson News, LLC Bankruptcy Preference Adversary Proceedings
(DBN)

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Litigation:

How to Survive Depositions Gone Wrong
(DBN)

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Abandonment:

Drop It Like It’s Hot – Abandoning Property of the Estate
(DBN)

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Banking:

Fed proposes tougher rules for big banks
(DBN)

Fed 'Punted' on Capital, Liquidity Limits in Dodd-Frank Plan
(DBN)

A Fight to Make Banks More Prudent
(DBN)

Fed bank capital, liquidity proposal follows Basel
(DBN)

Despite Settlement Uncertainty Remains For WaMu Junior Debt
(DBN)

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Tax:

Swiss court denies Credit Suisse client request for delay
(DBN)

Public Sees Tax System as Unfair; Majority Says It Needs an Overhaul
(DBN)

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Fraud:

Judge weighs whether Allen Stanford fit for trial --- Is Onetime Texas Billionaire Faking Memory Loss to Avoid Trial in $7B Alleged Fraud? --- Experts disagree on Stanford's trial competency --- Being Unfit to Stand Trial Lasts Forever in a Handful of Cases
(DBN)

Dreier Trustee's Lawsuit Proceeds Against Westford
(DBN)

Fair Finance hearing focuses on legal questions
(DBN)

Judge approves $8 million in Petters case clawbacks
(DBN)

Olympus Tokyo Offices Raided as Prosecutors Investigate $1.7 Billion Fraud
(DBN)

Financial Adviser to Actor Eddie Murphy’s Ex-Wife Arrested in Fraud Case
(DBN)

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Photography:

Kodak Post-Moment: Is Chapter 11 next?
(DBN)

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Baseball:

Dodgers cite Texas Rangers in opposing Fox Sports appeal
(DBN)

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Health Care:

TMA Chicago/Midwest Hosts Healthcare Panel
(DBN)

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Bankruptcy Issues:

Kenosha attorney indicted on bankruptcy issues
(DBN)

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UK:

Bankrupt Irish Flee to UK --- Quinn 'victim of economic crisis'
(DBN)

UK: Households are £500 A Year Worse Off
(DBN)

Bank of England rate setters unanimous in keeping policy unchanged
(DBN)

Ed Davey calls for single insolvency regulator
(DBN)

U.K. Stores Brace for Most Insolvencies Since 2008 as Sales Weaken
(DBN)

UK's AAA credit rating threatened by 'formidable challenges'
(DBN)

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EU:

Inflation Is Key To Euro's Recovery
(DBN)

Euro firms on Spanish debt
(DBN)

ECB Lends Banks EU489B for Three Years, Exceeding Forecast --- Spanish, Italian Notes Advance Before ECB Allots 3-Year Cash --- Huge demand
(DBN)

EU governments propping up banks by selling them state-owned buildings, land
(DBN)

French Banks Try to Raise $48B for Debt Needs
(DBN)

Everything you need to know about the huge, long-term ECB operation
(DBN)

Fitch downgrades French bank rating outlook
(DBN)

EU Admits Austerity Risk For Jobs
(DBN)

EU Debt Crisis: Six Families Share Stories
(DBN)

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PIIGS:

IMF Urges European Firewall Around Ireland as Prospects Fragile
(DBN)

Europe should consider more help for Ireland-IMF
(DBN)

Fitch Places Three Irish Banks on Rating Watch Negative
(DBN)

Judgment reserved in Quinn bankruptcy case --- Bank believed Quinn planned new business --- Quinn describes Anglo as vindictive --- Sean Describes 'shock' as his empire crumbled
(DBN)

Lawyer in Drumm bankruptcy case seeks costs --- Drumms' US house falls into mortgage arrears
(DBN)

Greece’s New Middle Class Homeless Hold a Degree and a… Laptop
(DBN)

Greek debt talks hit trouble as hedge fund walks out
(DBN)

PSI agreement draws ever closer
(DBN)

Fitch cuts UniCredit, puts Italy, Spain's banks on watch
(DBN)

Italian Economy Shrinks In Q3, Signals Recession
(DBN)

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Hungary:

Special insolvency rules to be implemented for Hungarian companies of strategic importance
(DBN)

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Japan:

Tepco Shares Decline After Report Company May Be Nationalized
(DBN)

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Copyright 2011