December 22, 2011

The Daily Bankruptcy News

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Due to the Christmas Holiday, The Daily Bankruptcy News will not publish on 12/23 and 12/26

Law:

Bonus Watch: Fried Frank Announces Bonuses ‘Up to $52,500′ --- Nice Bonus At Kirkland & Ellis, Assuming Cravath Remains Cheap --- Updates and Addenda
(DBN)

Indy’s Bingham McHale to Wed Ky.-Based Firm; Merged Bingham Greenebaum Will Have 250 Lawyers
(DBN)

30 Under 30: Law & Policy
(DBN)

Judge Agrees That Reviewing 65 Million Documents Is Ridiculous
(DBN)

Charges Dropped Against Law Grad Who Refused to Reveal ‘Pedigree Info’
(DBN)

Bear Stearns, Fannie Mae, Deutsche Bank, BMO in Court News
(DBN)

Like a Virgin, Deposed for the Very First Time
(DBN)

Blago’s Class of 2007 Lawyer: A ‘Harebrained’ Hottie?
(DBN)

Michigan Law Dean Makes Almost $458K, Ranks 11th on School’s Pay Scale
(DBN)

A message for someone in the law school class of 2014
(DBN)

Law schools reflect wider problems with higher education, report says
(DBN)

Is Using Adderall to Get Through Exams the Worst Thing in the World?
(DBN)

Cops Arrest Man Who Posted Facebook Photo Of Young Daughter Bound With Tape
(DBN)

Cops Arrest Woman, 25, For Stealing Baby Jesus From Nativity Scene
(DBN)

Detained Immigrant Sues Sheriff Arpaio, Claims She Was Shackled During C-Section
(DBN)

Ever Argued With A Woman?
(DBN)

Drunken Santas Terrorize Manhattan
(DBN)

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Judges:

Attorney Mark Houle Appointed Central District Bankruptcy Judge --- 9th Circuit Appoints 3 New Bankruptcy Judges
(DBN)

Judges question Belle Meade Country Club membership after bankruptcy judge colleague's reprimand --- Will other judges leave Belle Meade Country Club?
(DBN)

ACLU Backs Young Defense Lawyer Jailed by Judge for Asserting Client’s 5th Amendment Rights
(DBN)

Supreme Court Short List: Who Will Be America's Next Top Conservative Justice?
(DBN)

Judge Blasts C----- Photo Snapped by Whistle-Blower Prosecutors; DA Files Ethics Complaint
(DBN)

Is Rakoff Fever Spreading? ‎
(DBN)

Gingrich's Ill-Advised War on the Judiciary
(DBN)

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Wall Street:

Stock index futures point higher
(DBN)

Asia Stocks Decline on European Bank Loans, US
(DBN)

US Stocks Close Slightly Higher
(DBN)

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Layoffs:

Unemployed running out of time
(DBN)

5 Things I Wish I'd Known Before The Layoff Happened
(DBN)

What's in Store for Jobs in 2012?
(DBN)

Phoenix still 11% below peak employment levels
(DBN)

The 10 Jobs With The Happiest Workers
(DBN)

Unemployment Compensation Over Time
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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MF Global:

JP Morgan Managed to Get Its MF Global Money Before Bankruptcy
(DBN)

MF Global Holdings Says More Units Move Toward Bankruptcy
(DBN)

MF Global trustee reviewing firm's practice of repledging collateral
(DBN)

New MF Global emails point to firm's treasurer over missing customer money
(DBN - NY Times - Paywall Limit Possible)

What's Up With MF Global's $200 Million Transfer Three Days Before Declaring Bankruptcy?
(DBN)

Where's MF clients' money? Follow the emails
(DBN)

MF Global Special Administrators Release Their Proposals
(DBN)

The MF Global Collapse Explained (And Why It Is a Crime)
(DBN)

MF Global: A Lesson for Corporate Compliance Officers
(DBN)

MF Global US clients face wait on UK claims
(DBN)

MF Global's $700M UK chapter
(DBN)

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Aviation:

American Eagle to stop flying turboprops from DFW, switching to jets
(DBN)

Why American's bankruptcy filing gives US wake-up call
(DBN)

FAA rules: Airline pilots must fly shorter shifts, rest more
(DBN)

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Gas Stations:

Getty Petroleum Landlord Asks Court To Compel Rent Payments
(DBN)

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Shipping:

Crossing the bar: the low hurdle to becoming a US debtor
(DBN)

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M&A:

M&A Collapsed in Fourth Quarter on Europe Crisis
(DBN)

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Resorts:

Judge approves bidding procedures for Paulson group's resort
(DBN)

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Media:

Tribune Debt-Holders Want $8.3 Billion
(DBN)

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Golf:

Trump in running as auction set for Doral Golf Resort & Spa
(DBN)

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Politics:

Mass. Senate Race A Battle Over Who's More Populist
(DBN)

Fact or fiction? Romney's private equity past
(DBN)

Republicans Are Furious About Obama's Christmas Card... Wait Till They See Reagan's
(DBN)

Newt Gingrich Has A New Idea For America, And It's Absolutely Terrifying
(DBN)

How Democrats Fooled California’s Redistricting Commission
(DBN)

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Economy:

U.S. Faces 2013 Fitch AAA Downgrade Unless Deficit Cuts Made
(DBN)

Signs Point to Economy’s Rise, but Experts See a False Dawn
(DBN)

Bernanke Prods Savers to Consume More
(DBN)

Republicans Under Pressure to Accept Payroll Tax Cut Extension --- GOP, Democrats seek to pressure each other over payroll tax --- House, Senate Show No Give --- Boehner Says 'We're Ready to Go to Work' on Payroll Tax Cut --- White House: Congress inaction threatens economy --- Romney: Obama Should Help Resolve Payroll Tax Fight --- Gingrich to House GOP: Give In on Payroll Tax --- Understanding Congress' payroll tax cut fight --- What House Republicans Did To Get Ready For The Payroll Tax Fight --- Even the WSJ editorial board hates the GOP's payroll tax cut antics --- Obama Gets a Lift From Tax Battle With Republicans
(DBN)

IMF Chief Economist’s Four Lessons From 2011
(DBN)

Why GDP growth isn't providing many jobs
(DBN)

DirecTV CEO: 'It's a two-track economy'
(DBN)

Why we need a new way to think of income inequality
(DBN)

Why Income inequality is terribly inefficient
(DBN)

2011 Was Actually A Pretty Good Year For The Economy
(DBN)

Taibbi: Obama And Geithner Are Acting Like Lehman Executives Before The Crash
(DBN)

The 11 Biggest Financial Screw-Ups Of 2011
(DBN)

Why 2011 Is the Year When Everything Fell Apart
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

BofA fined $335M in loan fiasco --- Will pay to settle claims of unfair Countrywide loans
(DBN)

Former Fannie Mae CEO takes leave of absence from hedge fund
(DBN)

SEC’s Fannie, Freddie Suits Miss the Enablers
(DBN)

FHFA Mulling Zero-Interest Loans for Bankrupt Borrowers
(DBN)

Home sales hint at recovery after deep slump
(DBN)

Zillow estimates US homes lost $681bn in 2011
(DBN)

Florida existing home sales jump 11% --- California pending home sales drop in November
(DBN)

Current Mortgage Rates Maintain Record Lows
(DBN)

Americans Ditch Home Ownership
(DBN)

Mortgage Default Is A Financial Bonanza For Many Homeowners As Foreclosure Crisis Continues
(DBN)

Home sales during housing bust worse than thought --- The Worst Thing About Housing Data Revisions
(DBN)

Home-Sales Revisions to Hurt: More Distress in Market
(DBN)

US Foreclosures Surge 21% in 3Q
(DBN)

Foreclosure sales still pummeling home prices
(DBN)

The Value(s)of Foreclosure Law Reform?
(DBN)

Look at How Much Countrywide Has Cost Bank of America
(DBN)

THP may soon exit bankruptcy
(DBN)

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Autos:

Hedge Funds Sue Delphi Auto, Backers Over $300M Contingent Payment
(DBN)

GM Said to Hire Hackett to Identify N. America Job Cuts
(DBN)

How Germany Builds Twice as Many Cars as the U.S. While Paying Its Workers Twice as Much
(DBN)

Saab NA hires consultant, doesn't file for bankruptcy
(DBN)

Saab appoints North American administrator, prospects darken
(DBN)

Saab bankruptcy sideswipes dealers, owners, mechanics
(DBN)

Saab's US arm buys time with out-of-court bankruptcy move
(DBN)

After a year of disasters, Toyota sees record sales
(DBN)

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Banking:

Real Reasons Bankers Don't Like Basel's Rules
(DBN)

Banks Breathe Sigh of Relief Over New Fed Rules
(DBN)

8 Banking Horror Stories That Will Outrage Consumers
(DBN)

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Celebs:

'Real Housewives of New Jersey' star Teresa Giudice's husband indicted and faces 10 years in jail
(DBN)

______________

Photography:

Taking a Shot at Kodak's Looming Bankruptcy
(DBN)

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Food/Beverage:

Quiznos to serve up debt plan to avoid Ch. 11
(DBN)

Hedge fund may take control of hobbled Quiznos
(DBN)

Friendly Ice Cream Cancels Auction After No Bidders Challenge Sun Capital
(DBN)

______________

Sporting Goods:

Power Balance fate unclear after auction
(DBN)

______________

Radio:

Inner City is due back in bankruptcy court January 9, with sales to come
(DBN)

______________

Municipalities:

What Detroit must do now if it wants to control its own destiny
(DBN)

The SEC may have lacked the expertise to stop the largest muni bankruptcy in history
(DBN)

______________

Health Care:

Future Bright For Nurses, Bleak For Doctors
(DBN)

Medicare Docs Are Fed Up
(DBN)

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Corporate Reform:

SEC's Court Troubles in Citigroup Settlement Echo in Wisconsin
(DBN)

______________

Mass Torts:

Madison County's controversial asbestos litigation system under fire yet again
(DBN)

______________

Hedge Funds:

Amaranth settles class action market manipulation suit
(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:

Lehman Unit, Saab Automobile, MF Global, U.K. Data
(DBN)

Rochelle on Omega Navigation, MF Global, M. Slavin
(DBN)

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Bankruptcy Statistics:

Western PA: Bankruptcies down from 2010
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Rules:

New Procedures For Filing Proofs Of Claims In Bankruptcy Cases Effective December 1, 2011
(DBN)

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Unexpired Leases:

Wick Phillips Defeats $8 Million Claim in Delaware Bankruptcy Court
(DBN)

______________

Litigation:

Overly Onerous E-Discovery Demands Can Backfire
(DBN)

______________

Fraud:

Witnesses differ on Stanford's fitness for trial
(DBN)

Stanford’s U.S., Antiguan Receivers Vie in Court for Control of His Assets
(DBN)

Deutsche Bank Sued by Kingate Fund Over Madoff Settlement
(DBN)

Convicted Lawyer Rothstein Says Two Partners Knew of His Scheme
(DBN)

Former 'Expert-Network' Employee Gets 2 ½ Years
(DBN)

______________

Alternative Energy:

Solar Millennium Files For Bankruptcy As Solar Shakeout Continues
(DBN)

Solyndra Wins Approval of Second Auction If Sale Fails
(DBN)

Why BP Solar Failed
(DBN)

Investors not shying away from solar power
(DBN)

______________

Baseball:

Dodgers' creditors oppose Fox effort to halt sale order
(DBN)

Creditors, Dodgers team up to foil Fox
(DBN)

______________

Derivatives:

Do you believe in netting? - Part 2
(DBN)

______________

Lehman:

Barclays on Archstone: Lehman Should Be ‘Dancing in the Streets’
(DBN)

Lehman Told to Resolve $1.3 Billion Archstone Dispute With Banks
(DBN)

Lehman Swiss Unit Loses Bid for $1.5 Billion in Assets
(DBN)

______________

Public Transit:

All aboard! – Owner of Las Vegas Monorail Fails to Ride Out of Bankruptcy
(DBN)

______________

UK:

Moody's Warns England on Credit Downgrade
(DBN)

ICAEW attacks suggestion of single insolvency regulator
(DBN)

Business failure divide opens up between North and South
(DBN)

Appointment of Administrators - 21 December 2011
(DBN)

______________

EU:

Bonds Stop Flowing as Collateral Gets Stuck at ECB
(DBN)

The ECB's rescue of Euro banks is temporary
(DBN)

ECB's Risky Plan to Flood Banks with Cash
(DBN)

The EU Summit was more farce than tragedy
(DBN)

El-Erian: There's more than a 1 in 3 chance the EU will implode and cause a crisis
(DBN)

RBS Chairman Predicts 'Small Country' Out of Euro Zone
(DBN)

French Banks Won't Be Able To Handle Inevitable Italian Restructuring
(DBN)

Europeans face having to beg for daily bread
(DBN)

______________

PIIGS:

Greece's Creditors Said to Resist Push From IMF
(DBN)

In near-bankrupt Greece, crisis spurs gold fever
(DBN)

Task Force Leader Cleans House in Greece
(DBN)

Banks play hardball in PSI talks
(DBN)

Greece’s creditors resist IMF push for more losses
(DBN)

Optimism for Swap Dampened
(DBN)

Pension Battle Cracks the Greek Coalition
(DBN)

Italian Retail Sales Rise Unexpectedly In October
(DBN)

Eurozone Turmoil Poses ‘Serious Threat’ To Irish Economy
(DBN)

______________

Hungary:

Hungary's IMF Row Over Power Grab Sparks Second Debt Cut to Junk
(DBN)

Hungary May Raise EU s Highest Rate Again as Pressure Mounts
(DBN)

Hungary Sovereign Debt Insurance Costs Rise After Downgrade
(DBN)

______________

Japan:

Tepco to Raise Electricity Charges for Corporate Customers
(DBN)

______________

China:

The Biggest Story of Our Time: The Rise of China's Middle Class
(DBN)

China Gives in to Rebel Village's Demands
(DBN)

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Copyright 2011