January 11, 2011

The Daily Bankruptcy News

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Law:

52% of Law Firm Partners Are ‘Somewhat Satisfied’ with Their Pay
(DBN)

Legal Sector Lost Jobs Again in December, But Numbers Are Better Than a Year Ago
(DBN)

Sbarro Said to Hire Kirkland to Advise on Restructuring Options
(DBN)

Jenner & Block Names New Bankruptcy Partner
(DBN)

Orrick Strengthens Restructuring and Litigation Practices with Paris Addition
(DBN)

Partners, I Feel Your Pain
(DBN)

We Are Not Alone
(DBN)

Whydunit?: The BigLaw Vacation Policy Mystery
(DBN)

Musical Chairs: A Brooklyn-Bound Beauty
(DBN)

Death of Female Partner Puts Cozen Firm in Center of Same-Sex Marriage Comity Case
(DBN)

In-House: A Tangent on Merit-Based Compensation
(DBN)

Holiday Card Contest: The Winner!
(DBN)

Mobile Technology Blurs Work and Nonwork Hours
(DBN)

Ten Solo and Small Law Firm Trends 2011
(DBN)

Shhhh!! This is the Library, Not Barnes & Noble!!
(DBN)

Who Will Be Above the Law's Lawyer of 2010?
(DBN)

Once High-Flying Family Firm Has Crashed and Burned, But the Bickering's Only Begun
(DBN)

Top US Litigator One of Few DOJ Jobs Unfilled: Who's on Deck?
(DBN)

"Remedial classes for all the associates who can’t write."
(DBN)

Unlicensed Alert! Nevada Has a New GC, but Wait ... Can He Practice?
(DBN)

Legal Aid's Ongoing Struggles in 2011
(DBN)

Two iPad Apps Make Their Cases for Trial
(DBN)

Howrey's Losses Continue as London Managing Partner Joins UK Firm
(DBN)

Now That the New York Times Acknowledges the Perils of Law School Debt, The Next Question is How to Recover From the Ruin
(DBN)

Law School ‘Wonderland’ Stats Show 93% of Grads Employed, Despite 15K BigLaw Job Cuts
(DBN)

'US News' considering giving third tier law schools a number
(DBN)

Yale Law Professor Amy Chua Writes in Praise of Crazy Asian Moms
(DBN)

Supermom, Chinese Style
(DBN)

Lawyers, Bucks, and Hot S--
(DBN)

Elderly horny folks
(DBN)

Dubai Court: The 'Finger' Can Get You the Boot
(DBN)

Ex-Con Allegedly Worked as Bogus Lawyer for 5 Years, May Have Watched TV Legal Dramas to Hone Skills
(DBN)

Given Choice of 'Silver or Lead,' Lawyer Serving as Mayor of Mexican City, Like Many Others, Is Dead
(DBN)

Refused Yet Again By Top US Court in Quest to Nix $20K Fine, ‘Birther’ Lawyer Vows to Go Higher
(DBN)

At Least Two Trials Delayed for BCS Game
(DBN)

______________

Judges:

Judge Killed in Ariz. Shooting Spree Had Issued Several Controversial Decisions
(DBN)

Judge in Loughner hearing probably knew judge who was killed
(DBN)

Clerk: Judge John Roll 'greatly dedicated to his family,' 'family of his staff'
(DBN)

Friends, colleagues remember Judge John Roll
(DBN)

A man of faith and devoted to rule of law
(DBN)

Lawyers For 'Unabomber,' White Supremacist To Represent Jared Lee Loughner
(DBN)

Judge sentences Tom DeLay to 3 years in prison
(DBN)

Military: Ariz. shooting suspect failed drug test
(DBN)

Strange rants of U.S. gun maniac who killed six
(DBN)

Tucson Massacre Rattles Judges
(DBN)

Stunned Federal Judges in Ariz. Mourn Slain Chief, Wonder How to Deal With Increased Workload
(DBN)

Evidence Points to Methodical Planning
(DBN)

Feds Depict Deliberate Plot in Shootings
(DBN)

Federal Judge Recommends Criminal Charges for Lawyers Who Questioned His Impartiality
(DBN)

Thomas, Scalia Hit Commerce Clause Retreat in Dissent; Is French Fry Ban Allowed?
(DBN)

Judges' Suit Seeks $780 Million in Back Pay, Pension Benefits
(DBN)

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Wall Street:

Futures indicate US shares rising on earnings
(DBN)

How the Major Stock Indexes Fared Monday
(DBN)

European shares fall as debt worries resurface
(DBN)

Goldman Opens Up to Mollify Its Critics
(DBN)

______________

Layoffs:

U.S. Faces Lasting Drop in Wages
(DBN)

Ford Plans to Hire More Than 7,000 Workers
(DBN)

U.S. Employment: Less Than Meets the Eye
(DBN)

Interpreting the Employment Numbers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

DIP Finance:

A&P Unsecured Creditors Object To Some Of Grocer's Financing
(DBN)

Judge Says A&P Can Continue Borrowing On Bankruptcy Loan
(DBN)

Calpine Plans Debt to Repay Bankruptcy Exit Facility
(DBN)

______________

Hedge Funds:

Hedge funds post fifth consecutive month of inflow
(DBN)

______________

Food/Drink:

Sbarro hires bankruptcy lawyers
(DBN)

______________

Golf:

Fox Hill Country Club in foreclosure
(DBN)

______________

Tax:

Former Haven Healthcare bookkeeper pleads guilty to fraud and tax charges
(DBN)

______________

Religion:

Diocese raises offer to victims
(DBN)

______________

Mass Torts:

W.R. Grace Cleared to Settle Insurance Disputes
(DBN)

______________

Economy:

Fed turns record profits over to Treasury
(DBN)

Fed's Lockhart: Sustainable Growth Despite Headwinds
(DBN)

The Fed’s QE2 Traders, Buying Bonds by the Billions
(DBN)

Federal Reserve: World's Most Profitable Bank?
(DBN)

The Financial Nightmares Facing Boomers
(DBN)

Deepening Crisis Traps Have-Nots
(DBN)

Will Bigger Paychecks Raise the Economy?
(DBN)

Could the US central bank go broke?
(DBN)

The Most Over-Rated Economic Indicator Strikes Again
(DBN)

Elizabeth Warren Behind Shift at Fed?
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Judges Berate Bank Lawyers in Foreclosures
(DBN)

Massachusetts Ibanez ruling sets stage for mortgage ownership remedy
(DBN)

Ibanez ruling could pressure bank stocks
(DBN)

Ibanez and Securitization Fail
(DBN)

Massachusetts Foreclosure Class Action to Resume
(DBN)

The Ibanez Decision: What it means for home owners and investors
(DBN)

After Much-Awaited Mass. Foreclosure Ruling, Banks and Borrowers Continue with Existing Cases
(DBN)

Alien vs. Predator: Sci-fi movie or South Florida real estate market?
(DBN)

The economic impact of the foreclosure slowdown
(DBN)

Hardest Hit Fund: New Updates in Obama Loan Modification Program
(DBN)

Big Banks Tell NJ Courts to Stop Bugging Them About Foreclosure
(DBN)

Real Estate Agent May Have Lead Families To Foreclosure
(DBN)

Hermitage Developers Inc. files for Ch. 11
(DBN)

Foreclosure pet rescues reach the 1,000 mark, group says
(DBN)

Small towns besieged by foreclosures
(DBN)

On 1 of America's oldest residential streets, the foreclosure crisis hits home
(DBN)

Galvin wants foreclosure tribunal
(DBN)

Group: Exclude Foreclosure Protection From New Mortgage Rules
(DBN)

Florida foreclosure
(DBN)

_____________

Municipalities:

The case for Washington bailing out some states
(DBN)

Jerry Brown's dire warnings about state budget to come true
(DBN)

Brown to ask for deep cuts, five-year extension of taxes
(DBN)

California budget: State workers to get 10% pay cut
(DBN)

California budget sure to please few
(DBN)

California Stumbles Closer to Bankruptcy
(DBN)

Wow: Tx. Deficit Worst Than First Thought
(DBN)

Judge throws out Ill. village's bankruptcy case
(DBN)

As state budgets, payrolls shrink, so do ambitions
(DBN)

Newark crime is getting worse and worse after police force layoffs
(DBN)

Municipal Bonds: Bad News Continues
(DBN)

______________

Fraud:

SEC Sues Trivium Capital, Polycom's Bhalla in Galleon Insider-Trading Case
(DBN)

Insider trading in Google alleged in latest SEC fund suit
(DBN)

New Ponzi Scheme: Blame Bernie
(DBN)

No money yet for people involved in Huffman scheme
(DBN)

North Hills Fund Accountants, Director Sued Over Fraud
(DBN)

Investors Blast Government "Negligence" in Stanford Trial Delay
(DBN)

______________

Corporate Reform:

SEC launches informal inquiry into St. Joe
(DBN)

DeLay Gets 3 Years in Political Contributions Case, Blames Lawyers and Accountants
(DBN)

______________

Litigation:

Reasonably Usable Form for ESI: Court Orders Party to Produce Documents in Fully Searchable Electronic Form
(DBN)

Yard Sales, “Wiped Clean” Laptops and the Rules of Evidence
(DBN)

______________

Gambling:

Caesars Palace: Millionaire's $500,000 gambling debt before bankruptcy was fraud
(DBN)

______________

Celebs:

Kim, Khloe and Kourtney Kardashian Sued Over Debit Card Debacle
(DBN)

Ex-North Carolina senator Boseman files for type of bankruptcy protection
(DBN)

Eva Longoria 'sued over Vegas club'
(DBN)

Creditor Aims to Seize Young Buck's BMW
(DBN)

______________

Autos:

Lawmakers Hail Recovery of US Automakers
(DBN)

Chrysler Hopes to Refinance Government Loans
(DBN)

Staggering a year ago, Chrysler tests a new swagger
(DBN)

GM Again Sees Need for GMAC
(DBN)

Ford's Booth Says Debt Costs Falling as Lenders Look Beyond Credit Ratings
(DBN)

______________

Gambling:

NJ casinos end 4th straight bad year, down 9.6 pct
(DBN)

______________

Golf:

Country club members share their thoughts on bankruptcy
(DBN)

Papago Golf Course, Phoenix in limbo
(DBN)

______________

Retailing:

Anchor Blue closing down
(DBN)

Why Barnes & Noble Is Thumping Borders
(DBN)

Sears Expects 4Q, Full-Year Earnings to Top Street
(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)

______________

Miscellaneous:

Statistics for 2010, Oriental Trading, Ke Kailani: Bankruptcy
(DBN)

______________

Bankruptcy Statistics:

No Bailouts Here: Financial Firms Dominate Bankruptcy Rolls
(DBN)

Kansas posts slight increase in bankruptcies
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Insiders:

Bankruptcy judge orders Sommet Group executives to pay millions to creditors
(DBN)

______________

Insurance:

Ambac's Latest Problem Is the IRS
(DBN)

______________

Credit Cards:

CARD Act Compliance Costs Outweigh Fee Benefits?
(DBN)

______________

Video Rentals:

Borders Is Bankruptcy Bound, Poll Says
(DBN)

______________

Aviation:

Gulfstream Airlines to get new owner
(DBN)

______________

Litigation:

Subprime and Credit-Crisis Related Securities Cases: The Latest Status
(DBN)

______________

Credit Cards:

11 Credit Card and Debt Predications for 2011
(DBN)

______________

Oil/Gas:

Are Oil Prices About to Undermine the Recovery?
(DBN)

The Hidden Pitfalls of Increasing U.S. Dependence on Canadian Oil Sands
(DBN)

______________

Event Planning:

Mega-events planner Paul Ridgeway files for bankruptcy
(DBN)

______________

Accounting:

Accounting Regulators End Turf Battle
(DBN)

U.K. Auditors Face Scrutiny
(DBN)

______________

Banking:

Principles of default management in Investment Banks
(DBN)

______________

Seminars:

Turnaround Management Association 2011 Distressed Investing Conference
(DBN)

______________

UK:

PwC insolvency statistics show UK corporate insolvencies rapidly declined in 2010 but public sector cuts could still cast a shadow over 2011
(DBN)

Two businesses went bust every hour of 2010
(DBN)

Scottish insolvencies soar by 25%
(DBN)

Hotel Group In Talks With Banks Over €43.5 Million Debt
(DBN)

Administrator Andronikou fined for report failure
(DBN)

______________

PIIGS:

Portugal? O Nao!
(DBN)

Euro Bond Prices Slip on Concern About Portugal
(DBN)

Japan to buy euro debt as Portugal resists bailout
(DBN)

Japan Promises To Make A Big Contribution To The Irish Bailout
(DBN)

Another Big Yield Blowout In Spain
(DBN)

______________

Canada:

Proposed BIA and CCAA Amendments Contemplate Enhanced Pension Protection
(DBN)

Canada's Debt-ucation Province
(DBN)

______________

Mexico:

Mexico Vitro To Appeal Court Ruling Against Debt Restructuring
(DBN)

______________

Pakistan:

Pakistan faces insolvency but wealthy refuse to pay taxes
(DBN)

______________

Ireland:

HSBC Should Produce Report for Investors, Dublin Court Says
(DBN)

______________

China:

China City Set to Tax Residential Real Estate
(DBN)

Doing Business In China
(DBN)

______________

Tasmania:

Government Blamed For Private Ambulance Insolvency
(DBN)

______________

Haiti:

Haiti's Failed Recovery: Who's to Blame?
(DBN)

______________

Vietnam:

Vietnam leaders leave problems unresolved
(DBN)

______________

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Copyright 2011