February 25, 2011

The Daily Bankruptcy News

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Law:

Pressure at the Top – An Emerging Trend in Legal Fees?
(DBN)

A Flawless But Unethical Plan BY Judge's Bankruptcy Lawyer
(DBN)

Hourly Rates: Please Don’t Read
(DBN)

All Boys, No Men
(DBN)

The evolving lawyer
(DBN)

Sun Shines on Florida Firms
(DBN)

Outliving Your "Permanent Record"
(DBN)

Contingency Fee Litigation Affidavits Reveal Allegation Against Fox News Leader
(DBN)

February Becomes Prime Time for Lateral Moves
(DBN)

Lawsuit of the Day: A Gallery of Rogues
(DBN)

Small Firms, Big Lawyers: The Most Important Question for Shingle-Hangers
(DBN)

Kinney & Lange Lawyers face foreclosure on building
(DBN)

Florida attorney general opens probe into eighth foreclosure firm
(DBN)

QR Codes Make Business Cards More Versatile
(DBN)

Bank of America, SAP, Taylor Bean, Walt Disney in Court News
(DBN)

Law Schools Join the Ranks of Institutions Averse To Profiteering During a Rough Economy
(DBN)

Drunk and Disorderly Conduct at UC Davis Law Prom?
(DBN)

The excellent GW Law Revue video
(DBN)

Being married to a federal judge, with whom you live in a 27,000-square-foot mansion, doesn't protect you against possible disbarment
(DBN)

Partners Who Left Law Firm After Bar Fight Form Their Own Practice
(DBN)

Lieff Cabraser Partners in Nasty Feud
(DBN)

Public embarrassment for Allen & Overy over Belfast back hander
(DBN)

Trainee in red faced security barrier howler
(DBN)

In Anti-Bike Lane Case, Gibson Dunn Strays From Pro Bono Standards
(DBN)

Dead rodent left in paralegal's drawer
(DBN)

Lawyers Take Charge in Libya's Second-Largest City
(DBN)

Solo Suspended, Partly for Implying His Was Bigger
(DBN)

Attorney Confessed Bank Robbery In Order to Continue Pretend Practice, His Lawyer Says
(DBN)

Office Towers House Stray Dogs as Indian Law Logjam Drives Away Investors
(DBN)

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Judges:

Pepper’s passion for the law is no act
(DBN)

Justice Thomas a ‘Surprising Ally’ for Progressives
(DBN)

Johnson to Marshall: 'I have a rather big problem...'
(DBN)

US Courts Memo Urges Hiring Freeze, Spending Cuts as Congress Mulls Belt-Tightening Budget
(DBN)

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Wall Street:

Wall St futures point to higher open for stocks
(DBN)

Shares Slide for a Third Session
(DBN)

Another Reason Why 2010 Was a Year to Forget for Goldman Sachs
(DBN)

Blankfein on Bonuses: Incentives Good, High Salaries Bad
(DBN)

More Evidence Wall Street Pay at Near Record Levels
(DBN)

After Exposé, Filmmaker Sees Little Change on Wall Street
(DBN)

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Layoffs:

US Recovery Built on Low Paying Jobs
(DBN)

Why Job-Seeking Is Just Like Dating
(DBN)

How States Fared on Unemployment Applications
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Litigation:

Businesses Head Off E-Discovery Costs
(DBN)

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Autos:

GM Falls Below IPO Price as Rising Oil Dims Truck Sales Outlook
(DBN)

GM Is Still Putting Its House Back Together
(DBN)

White House Plans Fast Exit on GM Shares
(DBN)

Middle East crisis puts GM's restructuring to test
(DBN)

Ally Financial, GM Now Rivals
(DBN)

GM's Opel, Vauxhall Brands To Speed Up Restructuring
(DBN)

GM Parties Like It's 1999 as It Turns Annual Profit in a Dreadful Auto Market
(DBN)

Daimler to Hire 10,000 Workers This Year
(DBN)

The Rise and Fall of Toyota
(DBN)

Hyundai Motor Chairman Chung Ordered to Pay Automaker $66 Million Damages
(DBN)

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Tax:

IRS eases up on people who can't pay tax bill
(DBN)

Geithner Seeks to Broaden U.S. Corporate Tax Overhaul Debate
(DBN)

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Retailing:

No Fear retail stores declare bankruptcy
(DBN)

Sears Names CEO, Profit Tops Estimates
(DBN)

Sears Tanks As Earnings Stink Up The Joint
(DBN)

Robb & Stucky and the future of high-end retail
(DBN)

Bankruptcy court sets Robb & Stucky auction for March 7
(DBN)

Shuttered Borders likely to be absorbed by market
(DBN)

Delia’s Puts Itself Up for Sale
(DBN)

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Celebs:

Would-be Carvel heiress files Chapter 11
(DBN)

Rich and famous also face foreclosures
(DBN)

Controversial ex-Duke lacrosse player owes IRS $6.5M; lawyer calls it mistake
(DBN)

Lenny Dykstra Takes Page From Jim Cramer’s Playbook, Endorses Charlie Sheen
(DBN)

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Religion:

Green Bay diocese faces risks if sex abuse lawsuit leads to bankruptcy
(DBN)

Wis.-based group files for reorganization
(DBN)

Churches petition Attorney General over foreclosures
(DBN)

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Consultants:

FTI Consulting Q4 income drops
(DBN)

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Tax:

Repeal of 1099 rule closer
(DBN)

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Economy:

Jobless Claims Fall, Consumer Confidence Climbs
(DBN)

Ugly Durable Goods Report
(DBN)

White House: Oil Prices Won't Stop Recovery
(DBN)

Rising Oil Prices Pose New Threat to U.S. Economy
(DBN)

A Simple Rule Of Thumb Regarding Oil And How It Impacts The Economy
(DBN)

Obama Tells Business Economy is for Everyone
(DBN)

USA Inc: Red, White, and Very Blue
(DBN)

Government Shutdown Looms -- Senate Skedaddles
(DBN)

Goldman Warns of Danger From Austerity Cuts
(DBN)

Geithner: Financial System Stronger Than Before
(DBN)

Geithner Butt of Jokes No More as Obama's Money Man Now on Top of Economy
(DBN)

Treasury’s Mr. Fix-It: ‘I Worked My Way Out of a Job’
(DBN)

GOP Spending Cuts Would Hit Economy Hard
(DBN)

Tax Burden Falls for First Time in Decade
(DBN)

IMF Warns on Two Speed Recovery
(DBN)

Trucking Stocks Signaling Recovery in U.S. Entering New Phase of Expansion
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Fannie narrows 4Q loss, asks for more federal help
(DBN)

Fannie, Freddie, FHA combined REO Inventory at Record Level
(DBN)

Freddie Mac Executive Receives Wells Notice
(DBN)

BofA's legal woes from Countrywide worse than expected
(DBN)

Mortgage rates ease again
(DBN)

Mortgage Applications Jump 13.2%
(DBN)

Sales of New US Homes Fell More Than Forecast in January
(DBN)

Vegas home prices back to 1991 levels
(DBN)

Home Sales: Distressing Gap
(DBN)

Treasury makes adjustments to give HAMP a chance
(DBN)

Feds Want Mortgage Writedowns As Part Of Robo-Settlement
(DBN)

Banks Bristle at Mortgage-Loan Plan
(DBN)

Don't Believe Everything You Read: The Real Skinny on Servicer Settlement Talks
(DBN)

Banks Pushing Back Hard on Inadequate Mortgage “Settlement” Trial Balloon
(DBN)

Will the government’s mortgage settlement work?
(DBN)

U.S. foreclosure deal slowed by infighting
(DBN)

Keeping up with new foreclosure rules is like 'nailing Jell-O to the wall,' lawyer says
(DBN)

House Republicans Move to End Foreclosure Aid Programs
(DBN)

Frank says GOP should leave housing relief programs alone
(DBN)

Why Obama’s New Loan Modification Plan Raises More Questions Than It Answers
(DBN)

HUD to release servicer guidance on personal property evictions
(DBN)

Hawaii foreclosures up 11% in 2010
(DBN)

S. Fla. foreclosure volume down in Q4
(DBN)

House Republicans prepare to evict struggling DC homeowners
(DBN)

Distressed Homes Sold at 28% Discount Last Year With `Bloated' US Supply
(DBN)

Ohio foreclosure sales a big business
(DBN)

A New Cost for Renters: Insurance
(DBN)

Wentworth Hills files for Chapter 11
(DBN)

Centerpoint saga: Patience scores Tempe project for developer
(DBN)

No takers at Regions Center auction
(DBN)

Former mortgage exec pleads guilty to $2B fraud
(DBN)

Blockbuster faces eviction from dozens of US stores due to unpaid rent
(DBN)

NJ man gets 14 years for $140 mln mortgage fraud
(DBN)

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Municipalities:

Should States Be Allowed To Declare Bankruptcy ?
(DBN)

Dan Rutherford: State bankruptcy not morally acceptable
(DBN)

How Public Employees and Taxpayers Got Scammed
(DBN)

Are Gov't Employees Too Well Paid?
(DBN)

Why Public Sector Unions Will Go The Way Of Private Sector Unions
(DBN)

Come On, Unions! – We're Broke, We Can't Pay For Your Awesome Benefits Anymore!
(DBN)

Wisconsin lawmakers agree to advance budget debate
(DBN)

Wisconsin Passes Bill Removing Union Rights
(DBN)

As Madison Goes, So Goes The Nation
(DBN)

Dems hiding in plain 'spite'
(DBN)

Meanwhile, in New York...
(DBN)

Fastest-Growing Nevada Now Booms With Unemployment, Stranded Homeowners
(DBN)

California's $800K city manager leaves court on gurney
(DBN)

Calif. commission recommends rolling back pensions for current workers
(DBN)

Budget Battles Roil Straitened States
(DBN)

AIG Says Risk Increased on Munis; Defaults May Limit Liquidity
(DBN)

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Symphonies:

Honolulu Symphony Seeks March Auction
(DBN)

Group exploring Oahu's symphony options
(DBN)

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Fraud:

A Blank Check for Cleaning Up Madoff's Mess
(DBN)

Parties Far Apart On Sentence For Ex-Celebrity Adviser Starr
(DBN)

Celeb victims' $tarr struck
(DBN)

Judge tosses Rowan plea deal; Hecker fiancée could face new charges
(DBN)

New Jersey congressman demands 'prompt answers' from SEC about top lawyers
(DBN)

Alan Alda Apes Madoff
(DBN)

Estate must face Madoff claims
(DBN)

There’s a Script for Unwinding Frauds, and Then There Is the Madoff Case
(DBN)

Lloyds of London sues former Stanford executives
(DBN)

Scrushy talks HealthSouth, prison life
(DBN)

Hammons found guilty in massive Ponzi
(DBN)

Ex-Taylor Bean Treasurer Desiree Brown Pleads Guilty to Fraud Conspiracy
(DBN)

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Banking:

FDIC: Number of Problem Institutions Continues to Increase
(DBN)

US Banks Told to Start Lending Again
(DBN)

Vikram Pandit’s deceptive reporting
(DBN)

The secrecy of the FDIC, FOIA edition
(DBN)

10 Banks Where Layoffs Are Looming
(DBN)

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Hotels:

Hotels: RevPAR up 10.2% compared to same week in 2010
(DBN)

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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)

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Litigation:

Watch What You Say and (When You Say It): When the Common Interest Privilege Attaches in Settlement Negotiations
(DBN)

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Bankruptcy Statistics:

Small Business Bankruptcies Fall for Sixth Straight Quarter, Equifax Says
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Obits:

Sanford Sigoloff Dies: He Wielded Ax to Bankruptcies
(DBN)

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Finance:

Lenders Ease Up on Restricted Payments
(DBN)

Corporate Subprime Allowing Mergers Again
(DBN)

Finance’s Five Fatal Flaws
(DBN)

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Defaults:

Default Recoveries Higher Than in Previous Two Recessions, Moody's Says
(DBN)

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Corporate Reform:

Czar amazed by threats to nascent consumer agency
(DBN)

Madoff Repeat Odds Rise in Neutered Watchdog
(DBN)

Credit card reform worth the costs?
(DBN)

Crisis Testimony of Former Moody’s Executive Proves Vague
(DBN)

Regulators Decry Proposed Cuts in C.F.T.C. Budget
(DBN)

Bailout Bandits
(DBN)

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Lehman:

Lehman Trustee Gets Billions In Barclays Bankruptcy Ruling
(DBN)

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History:

The Astonishing Genius Of Men In Tights
(DBN)

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Health Care:

National Health Index
(DBN)

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Gambling:

Suffolk County OTB takes first step toward bankruptcy filing
(DBN)

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Food/Drink:

26 bankrupt Fatburgers up for sale
(DBN)

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Sovereigns:

Could Venezuela Really Go Bankrupt?
(DBN)

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UK:

Double number of women directors or face quotas, firms warned
(DBN)

UK Economy Shrank More Than Estimated in Fourth Quarter
(DBN)

U.K. Consumer Confidence Stays Near Lowest Since 2009
(DBN)

Selling insolvent businesses: TUPE does apply to pre-packs
(DBN)

TUPE decision to reduce numbers of Pre-Pack Administrations?
(DBN)

Appointment of Administrators - 24 February 2011
(DBN)

Winding Up Petitions - 24 February 2011
(DBN)

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EU:

European Loan Growth Accelerated in January on Stronger Economy
(DBN)

German academics push for EU sovereign default plan
(DBN)

Hoping to Lead Bank, Italian Faces Hurdles
(DBN)

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Canada:

Callebaut Chocolate Saga Back In Court
(DBN)

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Middle East:

Why The Mid-East Turmoil Is A Big Drag On Economic Growth
(DBN)

Gaddafi Blames Bin Laden for Turmoil
(DBN)

Claims Revolt Fueled By Youth Drinking Nescafe Spiked with Hallucinogens
(DBN)

Capital deserted
(DBN)

Qaddafi's Grip on Power Weakens as Opponents Secure Libya's Oil-Rich East
(DBN)

'Bloodbath' Across Libya
(DBN)

US Wants Global Action to End Libya Bloodshed
(DBN)

U.K., France Seek Libya Sanctions
(DBN)

Libya Placed Billions of Dollars at US Banks
(DBN)

Switzerland freezes Libya assets
(DBN)

UK to Seize Gaddafi's Billions
(DBN)

Gadhafi Tries to Bribe His Way out of Trouble
(DBN)

Now Iraqis Protest in Day of Rage
(DBN)

Saudi in talks to fill Libya oil gap
(DBN)

Calm in Saudi Arabia Speaks Volumes
(DBN)

If the Saudis Revolt, Then the World is in Trouble
(DBN)

Egypt's Economy Needs Change, but Won't
(DBN)

Aston Martin Co-Owner Plans $1.7 Billion In Asset Sales To Restructure
(DBN)

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India:

Thousands protest against high food prices in India
(DBN)

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Australia:

SelecTV creditors press administrators to pursue director
(DBN)

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Ireland:

Pressure Mounts On Eircom As Debt Advisers Called In
(DBN)

Ireland Winding Down 2 Banks With Deposit Shift
(DBN)

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Russia:

Russian Judge In Khodorkovsky Trial Denies Being Influenced
(DBN)

Russia Raises Key Interest Rate to Stem Inflation
(DBN)

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Copyright 2011