February 22, 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:

Citigroup, Credit Suisse, SAC, SocGen, Galleon in Court News
(DBN)

Warren Buffett Puts Another Nail in the Law Firm Coffin
(DBN)

Mortality. And the Power to Change.
(DBN)

New lawyer in town, hanging up his shingle: "Arlen Specter, Attorney-at-Law"
(DBN)

Law student turns impressive resume into platform for helping Detroit's kids
(DBN)

Solo Suspended For "& Associates"
(DBN)

A&O's £2.5m offshoring grant under scrutiny
(DBN)

Halliwells, the aftermath: HBJ and failed firm face court
(DBN)

Linklaters lags behind in magic circle NQ retention
(DBN)

Judges, Lawyers Join Protests in Libya
(DBN)

Enhance Your Client File Destruction with Controlled Burns :))
(DBN)

______________

Judges:

The justices' junkets
(DBN)

Supreme Court hears soap opera story of interest to the tea party
(DBN)

High court to hear case against Ashcroft
(DBN)

Supreme Court to Hear Challenge to Material Witness Law
(DBN)

______________

Wall Street:

U.S. stock futures tumble on Libya unrest
(DBN)

Oil price surge may test stock market rally
(DBN)

FTSE slips as Libya turmoil dents sentiment
(DBN)

European Stocks Slide for Third Day Amid Growing Libyan Unrest
(DBN)

Nikkei tumbles, Mideast unrest spurs profit-taking
(DBN)

______________

Layoffs:

Holding Unemployment Against the Unemployed
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Oil/Gas:

$100 Oil
(DBN)

______________

Furniture:

Robb & Stucky files for bankruptcy , considers store closings
(DBN)

______________

Borders:

The Outrage Over the Borders Bankruptcy Filing
(DBN)

Borders vs. Barnes & Noble
(DBN)

Books Beyond Borders
(DBN)

______________

Credit Cards:

BofA Doubles Writedown for Credit-Card Unit to $20.3 Billion
(DBN)

Credit card laws working, says bank critic
(DBN)

______________

Mass Torts:

Bankruptcy law does not shield Conrail from asbestos-related liability
(DBN)

______________

Golf:

Economy has affected state of golf
(DBN)

______________

Lehman:

Of Lehman and Goats
(DBN)

______________

Tax:

Corporate Tax Rates Around the World
(DBN)

Credit Suisse Banker Said to Be Held in Offshore Inquiry
(DBN)

______________

Corporate Reform:

Elizabeth Warren's New Consumer Financial Protection Bureau Opens for Business
(DBN)

Credit card laws working, says bank critic
(DBN)

______________

Symphonies:

US symphonies face a hard times
(DBN)

______________

Fraud:

Madoff Hints at Broader Complicity in His Crimes; What Do We Want To Know?
(DBN)

Mets managed Madoff investments for other investors
(DBN)

Alibaba Shares Tumble After Fraud Leads to CEO Departure
(DBN)

______________

Pensions:

Senator proposes paying foreign creditors before social security beneficiaries
(DBN)

______________

Payroll Services:

Deadline set for Sommet creditors to file
(DBN)

______________

Sovereigns:

America Last Among Peers With No Paid Federal Maternity Leave
(DBN)

______________

Retailing:

Wal-Mart Posts 7th Straight Drop in Key U.S. Sales
(DBN)

Home Depot Profit, Sales Top Estimates
(DBN)

______________

Finance:

In Sign of Growth, Businesses Are Borrowing Again
(DBN)

______________

Aviation:

For Air Passengers, Future Doesn't Look Rosy
(DBN)

______________

Health Care:

Long-Term Care Needs Changes, Officials Say
(DBN)

______________

Banking:

F.D.I.C. Is Said to Weigh Suing Leaders of Washington Mutual
(DBN)

______________

Museums:

Financial Problems for Seaport Museum
(DBN)

______________

Economy:

Geithner, G20 ministers want greater global oversight for banks
(DBN)

The American Middle Class is Doomed
(DBN)

Moody's: No Chance Obama Budget Will Pass
(DBN)

US: 11 Days Away from Government Shutdown
(DBN)

Gold Reaches $1,400 on Mideast
(DBN)

Get Ready For An Ugly Day, As Everything Is Getting Crushed
(DBN)

BRICs Losing for Second Time in Decade as America Takes Over
(DBN)

When will the Fed raise rates?
(DBN)

Consumer Stress Continues to Rise While DC Goes into “Mission Enough Accomplished” Mode
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Foreclosure sales weigh down home prices in 23 markets
(DBN)

US Home Prices in December Probably Had Biggest 12-Month Drop in a Year
(DBN)

Moving away from homeownership
(DBN)

Foreclosure mediations in Florida fail to produce quick results
(DBN)

Pressure from lenders stifles bankruptcy settlements, mediators say
(DBN)

Struggling homeowners invited to foreclosure mediation workshops in NLV
(DBN)

Court to decide on whether law firm's records can be subpoenaed in foreclosure
(DBN)

David J. Stern Selling Personal Property After Latest Blast of Layoffs at DJSP
(DBN)

Foreclosures handled by Stern firm still trouble Palm Beach County courts
(DBN)

Carter's Grove auction blocked by bankruptcy action
(DBN)

Mastro bankruptcy trustee, creditor settle
(DBN)

Wells Fargo spends $61 million developing communities, assisting distressed properties
(DBN)

Lenders take ownership of The District at Green Valley Ranch
(DBN)

Realtor finds unwanted guests in home
(DBN)

How to Foreclose on Your Bank
(DBN)

_____________

Video Rentals:

Blockbuster gets $290 million "stalking horse bid"
(DBN)

_____________

Celebs:

Bears' Duerson had filed for personal bankruptcy
(DBN)

Duerson leaves behind many questions
(DBN)

A tragic loss
(DBN)

______________

Industrial Contracting:

Conex creditors file bankruptcy against the company, forcing closure
(DBN)

______________

Hotels:

Operations at Shilo Inn continue despite filing for bankruptcy
(DBN)

Uneasy hotel growth in MENA
(DBN)

______________

Religion:

Alleged Fraudulent Bankruptcy in NY Archdiocese
(DBN)

Church threatened with foreclosure
(DBN)

______________

Municipalities:

Investors want Wisconsin governor to beat unions
(DBN)

As ground zero in bargaining debate, Wisconsin union battle has nationwide repercussions
(DBN)

Wisconsin Workers' Rights Battle Goes National at Pivotal Time for Labor
(DBN)

Wisconsin's War With Union Represents Progress
(DBN)

Starving Wisconsin's unions
(DBN)

On The Unfunded Liabilities Problem (Or Lack Thereof) In Wisconsin
(DBN)

Neither side budging in Wisconsin union fight
(DBN)

Public Employee Unions Failing Badly At Public Relations
(DBN)

Paul Krugman and America’s delusional Left-wing elites remain stuck in the Twilight Zone
(DBN)

The left is freaking out over Wisconsin
(DBN)

Wisconsin Gov. Scott Walker: No compromise on union rights
(DBN)

Wisconsin governor deserves union backlash
(DBN)

GOP won't vote on union bill without Democrats
(DBN)

Senate Session Without Democrats Expected Tuesday
(DBN)

Dollars roll in for lawmakers on the lam
(DBN)

Make Everybody Hurt
(DBN)

Wisconsin Protests Draw Thousands Of Workers Fighting For Key Union Right
(DBN)

New York's Teamsters Local 237 to bus in support to union protestors in Wisconsin
(DBN)

For Wisconsin unions, a telling concession
(DBN)

Union Bonds in Wisconsin Begin to Fray
(DBN)

With Wisconsin's Protesters: A Cold Night in Madison
(DBN)

Public unions must go
(DBN)

More Cash-Strapped States Take On Public Unions
(DBN)

Benefits bubble has burst for Wisconsin unions
(DBN)

Public employees must help rein in unaffordable pension and benefits costs
(DBN)

Wisconsin Union Battle Could Set Stage for National 'Right-to-Work' Debate
(DBN)

One More Job Lost in the Recession: The Mayor's
(DBN)

Lansing braces for protests
(DBN)

Detroit to eliminate half of public schools
(DBN)

Deadlines given in plan for DPS cuts
(DBN)

Clock ticking for DPS
(DBN)

Can Detroit Find the Road Forward?
(DBN)

Housing incentive for police fuels debate
(DBN)

California teachers' pension system headed toward insolvency
(DBN)

Next Chicago mayor faces weight of Daley's legacy
(DBN)

Illinois cuts ALL state funding for drug, alcohol abuse treatment
(DBN)

South Carolina's jobless trust fund restructuring looked at as model
(DBN)

Manager of scandal-plagued LA suburb to face judge
(DBN)

$500 million spent on lobbying CA Legislature last year
(DBN)

Public Finances Strongest in January Since 2009
(DBN)

Federal, state and local debt exceeds size of entire economy
(DBN)

______________

New Bankruptcy Opinions
(3 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:

Blankfein details Goldman Sachs view of the AIG collapse
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

History:

US Presidents That Have Filed Bankruptcy
(DBN)

______________

UK:

Sherrie Hewson reveals beatings, betrayal and bankruptcy
(DBN)

U.K. Posts Biggest Budget Surplus Since July 2008 on Taxes
(DBN)

Wilson Field expands to North West
(DBN)

Firms are warned of tougher times ahead
(DBN)

Plymouth docked 10 points for financial woes
(DBN)

Almost half of Britons believe their financial situation will worsen
(DBN)

Cross-border insolvency confusion must end
(DBN)

CAA reveals extent of Air Travel Trust Fund deficit
(DBN)

Equifax 2010 Business Failures Report
(DBN)

Appointment of Administrators - 21 Feb 2011
(DBN)

Winding Up Petitions - 21 February 2011
(DBN)

______________

EU:

ECB emergency borrowing spike to subside this week
(DBN)

Economists outline an euro-zone insolvency procedure
(DBN)

German Voter Disapproval of Greek Bailout Muddles Aid Talks: Euro Credit
(DBN)

Misguided Narratives
(DBN)

Bankruptcy tourism
(DBN)

U.K. FSA’s Ross Said to Battle for EU Market Regulation Post
(DBN)

EU Countries Must Ensure Bondholders Share Losses
(DBN)

Europe’s reforms may come at a high price
(DBN)

______________

Canada:

Laval's LAB Research forced into bankruptcy
(DBN)

The Costly Greying of Canada
(DBN)

______________

Japan:

Japan Debt Outlook Lowered by Moody's on 'Inexorable' Debt
(DBN)

______________

Middle East:

Oil Jumps Above $93 as Libya Crisis Deepens
(DBN)

IEA: OPEC Can Offset Libyan Disruption
(DBN)

Libya turmoil triggers wider CDS spreads in region
(DBN)

Oil price shock: Pandora's Box is opened
(DBN)

Military Aircraft Attack Crowds in Libya
(DBN)

Two pilots refuse, fly to Malta, defect
(DBN)

Top Sunni cleric says army should kill Kadhafi
(DBN)

Key Libyan diplomats disown regime
(DBN)

Gaddafi's son: 'Rivers of blood'
(DBN)

UK shares hit as Libya worries spark selloff
(DBN)

UN Security Council to hold consultation on Libya unrest
(DBN)

Clinton to Libya : End 'unacceptable bloodshed'
(DBN)

Libya attacks may be crimes against humanity - UN
(DBN)

Gadhafi appears on Libyan TV amid wave of protests
(DBN)

The bloody reign of the 'mad dog' of Libya
(DBN)

Madman Khadafy trumped by aces
(DBN)

Egypt beefs up military presence on Libya border
(DBN)

Thousands of Egyptians return home from Libya
(DBN)

Egypt Seeking EU Debt Relief
(DBN)

Egypt Delays Stock Market's Reopening
(DBN)

Egypt Freezes Mubarak's Assets
(DBN)

Russia seeks to evacuate nationals from Libya
(DBN)

US orders non-emergency staff to exit Libya
(DBN)

India ready with action plan for evacuation, say sources
(DBN)

The pot boils over: development lessons from Tunisia and Egypt
(DBN)

Firms count cost as turmoil spreads
(DBN)

Spreading Middle East protests meet resistance
(DBN)

Jordan's politicians demand limit to king's powers
(DBN)

Bahrain's Royal Family
(DBN)

Saudi Arabia Ready to Aid Bahrain
(DBN)

Bahrain Says Will Release Political Prisoners
(DBN)

Worry Pervades Saudi Arabia
(DBN)

Iran Rises Again: Opposition Shows Signs of Resilience
(DBN)

The dawning of Arab democracy
(DBN)

A flash flood of change sweeps across Arab world
(DBN)

Latest From Middle East Hotspots
(DBN)

'A precious moment of opportunity' for the Middle East
(DBN)

Mideast: What You See is Not What You Get
(DBN)

______________

China:

Chinese leaders look for ways to defuse unrest as revolt fizzles out
(DBN)

Human rights groups slam China for detention of activists, lawyers
(DBN)

China used debt to press USA on policies
(DBN)

______________

Portugal:

ECB, European Commission Teams In Portugal To Access Finances
(DBN)

______________

Spain:

Six Mallorca hotels go into insolvency
(DBN)

Spain Identifies Risk of Problem Loans in Savings Banks
(DBN)

______________

Ireland:

Only a new republic can stop Irish serfdom
(DBN)

______________

Denmark:

Denmark's Aarhus Lokalbank struggling to stave off bankruptcy
(DBN)

______________

India:

Insolvency
(DBN)

______________

Bulgaria:

Insolvency in Bulgaria: downsides creditors may encounter
(DBN)

______________

New Zealand:

Deadly quake rocks New Zealand - Currency Tumbles
(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