December 30, 2011

The Daily Bankruptcy News

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Regular Formatting

Due to the New Year's Holiday, The Daily Bankruptcy News will not publish on Monday, January 2, 2011

 

Law:

The Next Step for Lowering Law Firm Operating Expenses
(DBN)

Nonlawyer Firm Ownership 'Frightening,' Says IBM's General Counsel
(DBN)

At Pfizer, Mum's the Billable Word
(DBN)

A Plum Role for MoFo Associate
(DBN)

Brooklyn firm overcharges interest rates when giving plaintiffs their future winning early
(DBN)

Uncertainty and The New Normal
(DBN)

Changes Mulled Re ABA Ethics Opinion on Client Communications Issue
(DBN)

Homeless By Choice: Because Law School Wasn’t Tough Enough
(DBN)

The Law School Bubble: How Long Will It Last if Law Grads Can't Pay Bills?
(DBN)

Bill Henderson on the Law School Bubble
(DBN)

Will 2012 be the Year Lawyers Learn to Love the 7-Inch Tablet?
(DBN)

LogMeIn Updated: New Remote Access Alternatives for Lawyers
(DBN)

Publication Names Stark Outstanding Restructuring Lawyer
(DBN)

NFL's Kyle Orton Sues Chicago Law Firm Over Investment Advice
(DBN)

Deutsche Telekom, Marvel, SK Holdings, HP in Court News
(DBN)

Did Innocence Project Student Reporters Get Too Close to Lawyers?
(DBN)

Sabbaticals Help Lawyers Reassess, Redirect Careers
(DBN)

The Rules (for Women): Steps May Be Unspoken But They Are Necessary, Successful Partners Say
(DBN)

Woman Arrested For Robbing Bank, Then Handing Out Cash To Kids In Park
(DBN)

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Judges:

A Bankruptcy Judge Who Reshaped the Corporate Landscape
(DBN)

SEC chided again by judge in Citigroup fraud case
(DBN)

After Singing Praise of CCMS Deal Court Leaders Beat Hasty Retreat
(DBN)

Legislators Are Out to Take Over Their State Judiciary Systems
(DBN)

The ‘People’s Veto’: A way to keep the courts in check
(DBN)

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Wall Street:

U.S. stock futures flat before final 2011 session
(DBN)

US Stocks Rise on Bets Economy Will Weather Europe's Crisis
(DBN)

Wall St on track for slim gains in 2011
(DBN)

Wall Street - a raw deal for the 100 percent
(DBN)

Flash Crash Threatens to Return With a Vengeance
(DBN)

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Layoffs:

Jobless claims jump 15,000 but stay below key 400,000 level --- Broader trend points to better hiring in 2012
(DBN)

How states fared on unemployment aid, at a glance
(DBN)

What Types of Jobs will be Most Abundant in 2012?
(DBN)

Americans have left the workforce in droves since 2007
(DBN)

Factory Jobs Gain, but Wages Retreat
(DBN)

Discrimination in Hiring Based on Past Bankruptcy Filing Allowed for Private Employers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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MF Global:

Other people's money: The crux of Jon Corzine's collapse
(DBN)

MF Global may have moved client money to middlemen --- Moved Client Money Even Earlier Than Everyone Thought
(DBN)

MF Global Client Attorney On Closing His JP Morgan Account: 'Don't Worry Jamie, Mine Won't Be The Only One.'
(DBN)

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Equipment Rentals:

Ahern Rentals Can Start Borrowing On Its Bankruptcy Loan
(DBN)

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Lehman:

Zell Company Seeks to Intervene in Lehman's Archstone Case
(DBN)

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Baseball:

Steve Cohen Is So Serious About Buying The Dodgers, He's Already Hired An Architect For Their Stadium
(DBN)

Ruling By Judge Could Reduce Sale Price Of Dodgers By $300 Million
(DBN)

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Media:

Judge in Tribune Co. bankruptcy won't set hearing until at least May
(DBN)

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Health Care:

Surviving Hospice
(DBN)

Super-Hydrocodone: Next Drug Disaster
(DBN)

15,000 Die from Painkillers Annually
(DBN)

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Banking:

Ex-Deutsche Bank Head: Money Needs Laws
(DBN)

Bigger the Bank, the Worse the Service
(DBN)

BofA Likely to Post Worst Dow Average Loss
(DBN)

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Consultants:

NewPage Creditors Get Approval to Hire Alvarez & Marsal, Moelis
(DBN)

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Religion:

Should Catholic Sex Abuse Documents Be Withheld from Courts? ‎
(DBN)

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Corporate Governance:

This Is The Letter That Got Mark Hurd Fired As CEO Of HP --- Ex-Hewlett-Packard CEO paid hottie more than $1M to keep quiet about his attempts to bed her
(DBN)

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Telecoms:

Verizon To Charge Customers For The Privilege Of Paying Their Bills --- ‘Fee-uming’ mad
(DBN)

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Economy:

US job market ends year in better shape
(DBN)

These 10 Countries Will Command World Trade In 2050
(DBN)

Bleakest outlook takes prize for forecasting
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Pending Sales of US Existing Homes Rose 7.3% in November
(DBN)

New Requirements for Mortgage Creditors Among Changes to Federal Rules of Bankruptcy Procedure
(DBN)

Freddie, Fannie Disaster Started in 1991
(DBN)

Nevada Supreme Court to Hear Case to Determine Legality of MERS Foreclosures
(DBN)

5 Events that Really Mattered for Housing in 2011 – and Beyond
(DBN)

Homebuyers Ink Contracts But Cancel
(DBN)

Buyers, sellers continue to butt heads on home prices
(DBN)

Uncertainty hinders housing recovery: Dallas Fed
(DBN)

Housing Prices Have Crashed So Much You Can Buy One With A Credit Card
(DBN)

Mortgage rates finish year near historic lows --- Mortgage Rates for Thursday, December 29, 2011
(DBN)

Millions Of Americans Are Realizing They Can Default On Their Mortgage And Live Scot-Free For Years
(DBN)

Foreclosure Fraud: Still Waiting for Cleanup
(DBN)

9th Circuit revives Countrywide homeowner case
(DBN)

The Biggest And Best Celebrity Real Estate Purchases Of 2011
(DBN)

New snapshot released of Valley's distressed homes
(DBN)

The Smart Money Is Betting On A Recovery In The Housing Market
(DBN)

Backtracking U.S. Lawmakers Expand Federal Role in Mortgages
(DBN)

Contractors dealt setback in Fontainebleau case
(DBN)

Three Notaries Accused in Robo-Signing Scandal
(DBN)

Large Metro Mortgage Delinquency Rate Slows
(DBN)

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Retailing:

Sears lists 79 closings, gets Fitch downgrade --- Here Are the Sears Stores That Are Closing --- Florida hit hardest by Sears store closings
(DBN)

Is Sears Headed for Bankruptcy ?
(DBN)

The Fantasy That Sears Could Turn A Profit By Liquidating Property Has Been Busted
(DBN)

Fitch says Sears closings pose little risk to its rated CMBS
(DBN)

At Sears, Excessive Confidence Has a Price
(DBN)

Americans Have Finally Figured Out How To Game Retailers--Wait Until The Stores Are Panicked And Desperate
(DBN)

______________

Aviation:

AMR Seeks to Pay Rothschild $15 Million Fee as Adviser
(DBN)

American Airlines was preparing for bankruptcy weeks before filing
(DBN)

AMR shares to be dropped from NYSE trading
(DBN)

American Brat Pack: where airline CEOs came of age
(DBN)

______________

Corporate Reform:

Treasury Proposes Fee Rule to Cover Financial Watchdog --- To Charge Banks for Risk Monitoring
(DBN)

Washington's uneasy dance with Wall Street: 2011 in financial regulation
(DBN)

Judge says SEC was 'misleading'
(DBN)

Richard Cordray, CFPB Nominee, Could Get Recess Appointment In January ‎
(DBN)

______________

Municipalities:

Jefferson County debt holders file questions in challenge to largest U.S. government bankruptcy
(DBN)

Why muni investors shouldn’t worry about Jefferson County
(DBN)

Mendocino coast parks district seeks bankruptcy protection
(DBN)

States Seek Internet Lottery Jackpots After U.S. Legal Ruling
(DBN)

______________

Compensation:

The 25 Highest-Paid CEOs In New York
(DBN)

______________

Politics:

Scott Brown: Elizabeth Warren has 'every advantage' ‎
(DBN)

Rick Perry Appears To Forget Landmark Civil Rights Case He Long-Opposed
(DBN)

Law professor ridicules Perry’s lawsuit to get his name on the ballot in Virginia
(DBN)

Wall Street's Bad Romance With Romney
(DBN)

______________

Food/Beverage:

Judge OK's Friendly's sale to affiliate of chain owner --- Sun Capital Retains Ownership
(DBN)

______________

Debt Collection:

Record Year For Collection Lawsuits
(DBN)

______________

Asset Protection:

New laws offer greater asset protection for clients
(DBN)

______________

Finance:

Study Finds Female CFOs Secure Lower Bank Loan Prices
(DBN)

______________

Oil/Gas:

Delta Petroleum Gets Approval of $45 Million Interim DIP Loan
(DBN)

______________

Hotels:

Judge approves receivership for Harrisburg's financially troubled Crowne Plaza
(DBN)

______________

New Bankruptcy Opinions
(No 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:

WaMu, Vitro, Delta, Nebraska Book, Syms-Filene's: Bankruptcy
(DBN)

The Year in Lies
(DBN)

______________

Bankruptcy Statistics:

MF Global, American Airlines Top 2011's Biggest Bankruptcies
(DBN)

Records: Nashville's largest bankruptcy filings of 2011
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Anna Nicole Smith, the Constitution, and Bankruptcy
(DBN)

______________

Litigation:

Computers Change the Role of Lawyers in E-Discovery
(DBN)

______________

Claims:

Class Certification Continues to “Gum up the Works” in Bankruptcy
(DBN)

______________

Insurance:

Ambac Financial Wins Approval of $27.1 Million Lawsuit Settlement
(DBN)

______________

Autos:

Saab in talks with Turkish government
(DBN)

Why China Won't be a Boon to Global Car Sales
(DBN)

______________

Sovereigns:

The Haunting (of the Sovereign Bonds)
(DBN)

______________

UK:

Cheap money cuts bankruptcies – but beware worse to come in 2012
(DBN)

More than 40 travel agencies crashed in 2011
(DBN)

UK retailer D2 Jeans enters administration, cuts jobs
(DBN)

Appointment of Administrators - 29 December 2011
(DBN)

______________

EU:

Euro Falls to 15-Month Low Versus Dollar on ECB, Italy Auction
(DBN)

These 10 Dates Are Crucial For The Future Of Europe
(DBN)

The ECB is covertly bailing out Italy and European banks
(DBN)

The Thinly-Veiled Fed Bailout Of Europe
(DBN)

Merkel's Advisor Won't Rule Out Euro Breakup
(DBN)

Hungary poised to widen rift with west, infuriate EU
(DBN)

El-Erian: IMF Must Stand Up to 'European Bullying'
(DBN)

Analysts' Prediction for the New Year in Europe: More Fear
(DBN)

German FinMin Sees Crisis in Check Within a Year
(DBN)

______________

PIIGS:

Monti defends 'Save Italy' package --- Calls for EU action against crisis
(DBN)

Italian Debt Is Unsustainable – EUR/USD Extends Drops
(DBN)

Italy's government finds borrowing costs remain high
(DBN)

Spain set to fire opening salvos in austerity drive
(DBN)

Greek tax officials strike
(DBN)

Greek Official: Bond-Swap Deal Coming Soon
(DBN)

Greece is Right, Germany is Wrong
(DBN)

Greek Crisis Tearing Families, Children Apart
(DBN)

Greek deficit certain to be in double digits
(DBN)

Greek power rates set to jump
(DBN)

Additional burden on Greek taxpayers
(DBN)

IMF Warned Greece On Debt Levels With Worsening Outlook
(DBN)

Greece needs to welcome foreign experts
(DBN)

ie: Boom-era debts take toll on big-name builders
(DBN)

______________

MENA:

Egypt police raid civil rights groups; Computers and files seized and staff detained
(DBN)

Egypt is not on the verge of bankruptcy , experts say
(DBN)

Police In Qatar Have A Gigantic Fleet Of Porsches
(DBN)

______________

Israel:

Israeli Companies Can Drain Your Account If You Owe Money
(DBN)

______________

China:

Survey shows China manufacturing slowing further
(DBN)

Falling values stoke Chinese real estate deals
(DBN)

______________

Brazil:

Debt Collection Business Booming in Brazil
(DBN)

______________

Japan:

Japan to Double Sales Tax to Reduce Debt
(DBN)

______________

 

 

 

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Copyright 2011