February 1, 2011

The Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Law:

Bonus Watch: Cravath Enters the Bonus Wars — and Beats the S&C Scale!
(DBN)

Cravath to Pay Special Spring Bonuses, Above Sullivan & Cromwell Scale at Top End
(DBN)

Beeeeeeeeeeeeeeeeeep . . . Beep?: Study Sees Tiny Uptick in Demand for Lawyering
(DBN)

Curtis Mallet Keeps Climbing the Food Chain
(DBN)

Dorsey & Whitney Revenue Dips for Second Consecutive Year
(DBN)

Texas Law Firm Gives New Partners the Boot, Literally
(DBN)

5th Cir. Eases Attorney Ad Rules, OKs Endorsements, Some Slogans
(DBN)

Gallop, Johnson & Neuman Expands Business Bankruptcy Practice Group with Two Attorneys
(DBN)

The Winner of LexisNexis’s Small Law Firm Marketing Makeover!
(DBN)

Plummeting Profits at Top Washington Law Firm
(DBN)

Winston Makes Offers to Most Howrey Partners
(DBN)

‘Tiger Mothers’ Hoping to Sue the Children Who Grow Up to Hate Them
(DBN)

In-House: Human Resources and the Law
(DBN)

General Counsel Name Top Firms at Offering Need-to-Know Info
(DBN)

BigLaw, a Former US Senator and Lots of Lingerie: What Could Go Wrong?
(DBN)

Fastcase Snags D.C. Bar and Its 70,000+ Attorneys
(DBN)

Even a Felony Conviction May Not Preclude a Lawyer from Practicing
(DBN)

Highly Regarded Va. Lawyer Killed in Police Standoff
(DBN)

Greenberg Traurig Ousts Partner Accused of Altering Offering Documents in SEC Probe
(DBN)

LexisNexis File & Serve Case Part II - The State Class Action Claim
(DBN)

Another Firm Says "The Social Network" Twins Are Deadbeats
(DBN)

What lawyers can learn from call centers
(DBN)

Possibility of a Voluntary LSAT Reignites Debate Over Test's Value
(DBN)

Wave of Product News Hits LegalTech New York
(DBN)

Courtney Love Leaves Lawyers Wanting More
(DBN)

A new crime
(DBN)

______________

Judges:

Judge of the Day: Sentence Based on Judge’s Genetic Theories Overturned
(DBN)

Schumer: 'We have 3 branches of gov't -- A House, a Senate, a President'
(DBN)

High Court ‘in Scold Mode’ in 9th Circuit Reversals; Was There a Message for Reinhardt?
(DBN)

Sotomayor Reflects on First Years on Court
(DBN)

Assembly Member Offers Bill to Prohibit Payments to Judges
(DBN)

______________

Wall Street:

Wall Street futures signal higher open
(DBN)

Stocks End Up; Best January for Dow in 14 Years
(DBN)

______________

Layoffs:

National Grid to cut 1,200 US jobs
(DBN)

Jobs are Back, but the Pay Stinks
(DBN)

Job Postings Suggest a Pickup in Employment
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Newspapers:

Gannett newspaper ad revenue falls in fourth quarter
(DBN)

_____________

Retailing:

Borders to delay paying some bills to remain liquid
(DBN)

_____________

Municipalities:

In Vallejo, A Municipal Bankruptcy Means Big Sacrifices For Ordinary Workers
(DBN)

Let states declare bankruptcy
(DBN)

States' defaulting on commitments as a GOP strategy?
(DBN)

Municipal bankruptcy attorney says fears overblown
(DBN)

West Virginia Legislator Hatches Plan to Secede
(DBN)

New receiver named for distressed Rhode Island city
(DBN)

MI Treasurer's Office to train 45 emergency financial managers ahead of surge in community, school insolvency crises
(DBN)

SEC Examining Harrisburg Disclosures to Investors as City Coped With Debt
(DBN)

Debts Should be Honored, Except When the Money is Owed to Working People
(DBN)

Whitney Municipal-Bond Apocalypse Is Short on Default Specifics
(DBN)

_____________

Economy:

US spending 'best in three years'
(DBN)

Fed's Lockhart Says Unemployment 'Nowhere Near Acceptable'
(DBN)

Joblessness, rising prices may spark war within nations: IMF
(DBN)

Lockhart: Fed support still needed for fitful recovery
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Whose house is being saved by Obama?
(DBN)

One in Five Mortgages Default Again After Modification
(DBN)

Amount of HAMP-eligible borrowers cut in half from a year ago
(DBN)

Homeownership rate lowest since 1998
(DBN)

11% of All US Homes Are Now Empty
(DBN)

White House finds home sales, foreclosure activity depressed in December
(DBN)

Freddie Mac averages 15 months to foreclose
(DBN)

Default services law firm expands to Cleveland, Michigan, Florida
(DBN)

R.I. Judge Upholds Foreclosure Mediation Program
(DBN)

SEC alleges California attorney altered real estate investment docs
(DBN)

Banks still holding 70% of REO from market
(DBN)

LV: 3 commercial real estate companies file for bankruptcy
(DBN)

Fannie Mae revs up multifamily mortgage securitizations
(DBN)

CRE "extend and pretend" reaching breaking point
(DBN)

_____________

Fraud:

N.J. judge to decide whether to reopen Robert Brennan's bankruptcy case so regulators can recover funds
(DBN)

Brennan trust caught up in Ponzi scheme
(DBN)

Robert Brennan case could be reopened after trust is found in Bahamas
(DBN)

Deciphering The Mets-Madoff Case
(DBN)

Mets Owners Say Madoff Trustee Engaged In "Character Assassination"
(DBN)

Texas Family Nailed in $68M Ponzi Scheme
(DBN)

_____________

Lehman:

Lehman Asks Judge To Dismiss JP Morgan Counter Lawsuit
(DBN)

_____________

Autos:

Chrysler cuts losses and still sees profits
(DBN)

"Punching Out": The last days of a Detroit auto plant
(DBN)

_____________

Celebs:

Celebrity Money Watch: Eva Longoria's bankruptcy and Val Kilmer's tax woes
(DBN)

_____________

Hotels:

Bankruptcy judge denies foreclosure of Boston's W Hotel
(DBN)

Judge orders trustee to take over former Hilton
(DBN)

CNL Hotels Mulls Bankruptcy Protection
(DBN)

_____________

Banking:

FDIC Says Colonial Bankruptcy Plan 'Premature' Ahead of Appeal
(DBN)

_____________

Mass Torts:

WR Grace: Bankruptcy judge approves Chap. 11 plan
(DBN)

Judge Asks BP Why Some Oil-Spill Claimants Are Not Getting Answers
(DBN)

91,000 Oil Spill Claims, Just 1 Final Payment
(DBN)

_____________

Consumer Finance:

Internet Payday Loans, Arbitration Clauses, and Agreements Not to Bring Class Actions
(DBN)

_____________

Corporate Reform:

Financial Watchdog: Pricing Needs to Be Clearer
(DBN)

Consumer watchdog not waiting to begin role
(DBN)

SEC: Back Looking Out for Wall Street
(DBN)

_____________

Debt Collection:

Car repo quiz show: Contestants play to keep their own vehicles
(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)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Insurance:

Global General Files Chapter 15 Bankruptcy in US
(DBN)

_____________

Miscellaneous:

The Creditor of My Creditor Is My . . . Friend? - What rights do holders of securitized debt have to participate in a bankruptcy case?
(DBN)

WR Grace, GM, Innkeepers, Townsends, Orchard Brands: Bankruptcy
(DBN)

_____________

Bankruptcy Reform:

Why Lifeline Bankruptcy Could Squeeze In Through the Back Door
(DBN)

_____________

Bankruptcy Statistics:

Bankruptcies up again in 2010 for Minnesotans
(DBN)

Las Vegas: Bankrupt and Blue
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Tax:

IRS targets CalPERS bribe suspect Villalobos
(DBN)

_____________

Litigation:

In the Long Winter of eDiscovery, a Glimmer of Spring
(DBN)

The Mystery of the Ghostwritten Report
(DBN)

_____________

Media:

Bank in Tribune Deal Tries to Limit Damages
(DBN)

Tribune Lender Group Agrees to Support Reorganization With Split Ownership
(DBN)

_____________

Education:

Profit-Seeking Colleges Claim Education Officials May Have Tipped Short-Sellers
(DBN)

_____________

Health Care:

Judge strikes down healthcare reform law
(DBN)

Fact Check: Will Health Insurance Rates Fall?
(DBN)

_____________

Resorts:

Paulson Group Said to Hire Law Firm for Resort Bankruptcy Advice
(DBN)

_____________

Oil/Gas:

Energy Industry Braces for Cuts
(DBN)

_____________

Finance:

Loan terms ease a bit for businesses
(DBN)

_____________

EU:

Euro zone January factory PMI up as periphery picks up
(DBN)

_____________

Germany:

German jobless rate falls to lowest since 1992
(DBN)

_____________

Ireland:

Banks using private eyes to hunt vanishing homeowners
(DBN)

_____________

Hungary:

Troubled power plant reaches agreement with creditors
(DBN)

_____________

Egypt:

Egypt: The Road to Bankruptcy and Civil War
(DBN)

S&P cuts Egypt ratings; may cut again within 3 mths
(DBN)

Tens of Thousands Converge in Cairo for 'Million Man March'
(DBN)

Worried Gazans Stockpile Supplies
(DBN)

Israel shocked by Obama's betrayal of Mubarak
(DBN)

_____________

Please note that The Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that The Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive The Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when The Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $55/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase. Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address which is on our distribution list (if receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list). You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries).

 

Copyright 2011