January 12, 2011

The Daily Bankruptcy News

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Law:

Kagan Backs Bank of America on Bankruptcy in First Supreme Court Opinion
(DBN)

Kagan's First Opinion Rejects Consumer's Bankruptcy Argument; Scalia Is Dissenter
(DBN)

ATL’s Lawyer of the Year (2010): The Winner!
(DBN)

Danielle Gilmore, The Southern California "Super Lawyer" Who Will Make Bank Of America Sweat
(DBN)

Orrick adds Dewey partner to Paris restructuring team
(DBN)

New Venture to Focus on Partner Placements
(DBN)

Want A Great Job? Don't Go To Second-Tier Schools Like Columbia And MIT
(DBN)

Some Lawyers Say Flat Fees Pose Ethics Issues
(DBN)

Am Law After Dark: Five Firms Advise on Playboy Going-Private Bid
(DBN)

The Grass is Not Always Greener: Layoffs in Bermuda
(DBN)

Survey Results: A Better Billable Year
(DBN)

Tale of Two Lawyers: Loughner Case to Pit Pair of Prominent Names
(DBN)

Australian Firms Evacuate Offices As Mass Floods Hit
(DBN)

Ex-GOP Aide Sought to Borrow Train Fare at Law Firm Hours Before His Body Was Found at Landfill
(DBN)

Baby Trap
(DBN)

Glass ceiling: Sober Up, Then Have a Stiff One
(DBN)

The Constitution and its worshippers
(DBN)

Your Legal Career in Six Words or Less
(DBN)

Absurd Cat Litter Box Litigation - "Cats do not talk"
(DBN)

F. Lee Bailey: Paper proves OJ Simpson's innocence
(DBN)

Michael Jackson Doc to Be Tried for Involuntary Manslaughter in Singer’s Death
(DBN)

Max Mosley Fights for Right to Be Told About Romp News Stories in Advance
(DBN)

Slander Suit Pits Houston Lawyers Against Each Other
(DBN)

Lawsuit of the Day: Man Says Enlarger Never Worked, Even After 500 Hours Of Use
(DBN)

We're #147! We're #147! U.S. News & World Report May Expand Law School Rankings
(DBN)

UC Hastings Could Lose $1.5 Million or More in California Budget Cuts
(DBN)

Lawyer Who Sued Ex-Fiancé for Jilting Her Is Accused of Keeping $45K Ring
(DBN)

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Judges:

Elena Kagan's first Supreme Court opinion not a dramatic one
(DBN)

Does Wrist Flick (Gavel Bang) and Finger Pointed to Ceiling (Higher Court) Count as Due Process?
(DBN)

Neighboring Fla. Jurists Move Chambers After Death of Colleague, Citing Mold Concern
(DBN)

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Wall Street:

Futures Point to Higher Open For Wall Street
(DBN)

World Shares Advance Ahead of Portuguese Auction
(DBN)

Stronger retail profits boost Dow
(DBN)

Wall Street Manages to Close Higher
(DBN)

Goldman Sachs Renews Its Vows
(DBN)

Goldman's New Financials Look Similar to Old
(DBN)

How Goldman Sachs plans to salvage a damaged reputation
(DBN)

Goldman to Lose Most From Volcker Rule: JP Morgan
(DBN)

Goldman Says S&P 500 to Gain 18%
(DBN)

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Layoffs:

Lower Wages for workers who lost jobs
(DBN)

Job openings edged down in November
(DBN)

Six Flags to Hire 800 for Spring 2011
(DBN)

MySpace Plans to Cut 500 Jobs
(DBN)

More Workers Complain of Bias on the Job, a Trend Linked to Widespread Layoffs
(DBN)

An Unusually Depressing Factory Layoffs Story
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Lehman:

BofA Posts $595 Million Bond in Lehman Bankruptcy
(DBN)

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Fraud:

Little Relief for Madoff Victims
(DBN)

Ex-Primary Global Analyst Pleads Guilty in Nationwide US Insider Probe
(DBN)

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Litigation:

Plaintiffs' Lawyers Pursue Non-U.S. Securities Litigation Alternatives After Morrison
(DBN)

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Museums:

Deal Could Help Asian Art Museum in San Francisco Fend Off Bankruptcy
(DBN)

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Retailing:

Greeley Mall foreclosure sale delayed another week
(DBN)

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Fraud:

Tom Petters' foul mouth caught on audio and transcripts
(DBN)

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Containers:

Constar Files For Chapter 11 Bankruptcy Protection
(DBN)

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Indenture:

Noteholders in the Southern District of New York Not Entitled to an Unsecured Claim for Expectation Damages Resulting From a No-Call Provision in an Indenture
(DBN)

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M&A:

First Comes the Deal Announcement, Then Comes the Lawsuit
(DBN)

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Corporate Reform:

Charles Schwab settles with SEC for more than $188 million in YieldPlus case
(DBN)

Companies warily eye new consumer complaint sites
(DBN)

______________

Aviation:

Massive Flight Cancellations
(DBN)

______________

Economy:

Wholesale Inventories in US Declined 0.2% in November as Sales Increased
(DBN)

Job Openings in US Decrease for Third Time in Four Months
(DBN)

Jobs Crisis Pushes Up Economic Stress
(DBN)

Recession Created Epidemic of Homeless
(DBN)

Boomers Poised to Inherit $11.6 Trillion
(DBN)

Should Economists Reveal Who Pays Them?
(DBN)

Figures on Government Spending and Debt
(DBN)

Fed Officials Offer Dueling Views on Policy
(DBN)

Richmond Fed Economist Warns Bond Purchases Can Stir Inflation
(DBN)

Fed report details consumer behavior during recession
(DBN)

Deep Dive Into The Federal Government's Budget And The History Of US National Debt
(DBN)

Obama Brings on the B-Team
(DBN)

Rail Traffic increases in December
(DBN)

Diesel Fuel index increases in December
(DBN)

Small Business Optimism index declines slightly in December
(DBN)

Volcker Leaves Wall Street Untamed
(DBN)

The 'New Normal' Is Actually Pretty Old
(DBN)

Why Some Rich People Don’t Feel Rich
(DBN)

Virginia begins to look at alternative currencies in case Fed breaks down
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

US Home Price Drop Now Exceeds Great Depression
(DBN)

CoreLogic: House Prices declined 1.6% in November
(DBN)

Associate AG to Testify that Florida Foreclosures are in 'Total Disarray'
(DBN)

Another N.Y. Lawyer Goes Down in $23M Mortgage Fraud Case
(DBN)

Another housing-market nightmare
(DBN)

Major Lenders Protest New Jersey's Threatened Foreclosure Freeze
(DBN)

Shoddy documentation, moral hazard seen in Massachusetts foreclosure ruling
(DBN)

Why It Could Be Very Hard for Banks to Avoid Ibanez Mortgage Catastrophes
(DBN)

Early Read on December Existing Home Sales
(DBN)

Lennar Climbs Most in Month After Profit Beats Estimates on Cost Cutting
(DBN)

Homebuilder's Alarm Bells Have Been Ringing Since 2008
(DBN)

Developer Arlie files bankruptcy plan
(DBN)

Trustee moves to dismiss or convert Padilla's bankruptcy
(DBN)

$10M trust owns firm facing legal storm
(DBN)

Manhattan Office Rents Rise for First Time Since Lehman Collapse
(DBN)

Exchanging Blows Over One Madison Park Tower
(DBN)

Nevada's foreclosure mediation kept many in home
(DBN)

New Jersey Continues To Fight Banks Over Foreclosures
(DBN)

Waters to FHFA on GSE settlements: 'Best possible recovery?'
(DBN)

Analyst: Fannie, Freddie pain to taxpayers may be overblown
(DBN)

_____________

Mass Torts:

Panel calls for drastic steps to stop future deep water oil spills
(DBN)

______________

Retailing:

Sears Rises After Quarterly Profit Forecast Tops Estimates
(DBN)

______________

Glass:

Vitro Bondholders Seek Talks After Ruling Against Glassmaker
(DBN)

______________

Municipalities:

JPMorgan's CEO Dimon Says More US Municipalities May File for Bankruptcy
(DBN)

20 Most Stressed, 20 Least Stressed Counties
(DBN)

Budget to put Texan self-sufficiency to the test
(DBN)

California Budget: Tales Of State's Demise Greatly Exaggerated
(DBN)

A Breakdown of California's New Budget
(DBN)

10 States Where Poverty Rates are Soaring
(DBN)

Spending cuts over bankruptcy for cities-Michigan governor
(DBN)

Christie Calls for More Cuts and Big Changes to Schools
(DBN)

Pension Envy Vexes Underfunded Public Workers
(DBN)

______________

Autos:

Detroit auto show rebounding after recession
(DBN)

US Drivers Revive Gas Guzzler Love Affair
(DBN)

GM Seeks to Pare Debt
(DBN)

______________

Hotels:

GI hotel foreclosure postponed
(DBN)

Lender's value of Marriott OK'd by judge
(DBN)

Mediator brought into Wyndham case
(DBN)

______________

Celebs:

'Survivor' Star May Be Heading Back to Prison
(DBN)

A look at Boseman's bankruptcy filing
(DBN)

A suit Longoria refuses to wear
(DBN)

______________

Banking:

Time to Stop Chastising Bankers, Diamond Says
(DBN)

Barclay's CEO: Time to Stop Saying Sorry
(DBN)

Big banks seek plan for failures
(DBN)

It's Confirmed: Wikileaks Is Targeting Bank Of America
(DBN)

______________

Resorts:

Judge Tosses Tamarack Bankruptcy Case
(DBN)

______________

Entertainment:

RHI Entertainment Wins Bankruptcy Court Approval of Chapter 11 Financing
(DBN)

______________

Hedge Funds:

When hedge funds are too boring
(DBN)

______________

New Bankruptcy Opinions
(1 new opinion 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:

High Court Ruling, Constar, Anchor Blue, Tamarack: Bankruptcy
(DBN)

Smurfit, A&P, Oriental Trading, Parsons: Bankruptcy
(DBN)

______________

Derivatives:

Safe Harbors for Derivatives vs. Chapter 11
(DBN)

______________

Bankruptcy Statistics:

Lazard tops bankruptcy deals, global volume down
(DBN)

Report: Corporate Bankruptcies Fell in 2010
(DBN)

Utah's 2010 bankruptcy filings highest in five years
(DBN)

New bankruptcy cases up almost 28% in Ventura County
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Corporate Governance:

Suit by Disgruntled Bank Shareholder Tests Limit of Business Judgment Rule
(DBN)

______________

Religion:

Delaware Diocese Proposes $750,000 Average Payment to Victims of Sex Abuse
(DBN)

Abuse victims reject Del. diocese bankruptcy plan
(DBN)

Victims say diocese's new plan falls short
(DBN)

Give clergy abuse victims more time to file civil lawsuits
(DBN)

______________

Consumer Bankruptcy:

Bankruptcy reform eliminated 'ride-through' for vehicles, judge says
(DBN)

______________

Insurance:

On Appeal, MBIA Wins a Challenge to Its Split
(DBN)

New York Court Reverses Lower Court Ruling On MBIA
(DBN)

______________

Newspapers:

Gannett to Cut Staff at 3 NJ Papers by Nearly Half
(DBN)

______________

Golf:

Golf course faces bankruptcy
(DBN)

The Dominion Club files for bankruptcy protection
(DBN)

Homeowners Share Thoughts on Ford's Colony Bankruptcy
(DBN)

Gold Star Fitness owner to buy Ridgefields Country Club
(DBN)

______________

Art:

Art funds return
(DBN)

______________

Sovereigns:

The 19 Countries Most Likely To Default
(DBN)

______________

UK:

Scott-Moncrieff takes on Glasgow insolvency team
(DBN)

UK insurers attacks Europe’s bank ‘bail-in’ plans
(DBN)

______________

EU:

Euro's Architect Worries About Its Future
(DBN)

Euro zone in talks on size and scope of rescue fund
(DBN)

EU Wants More Government Budget Cuts
(DBN)

Foreigners Shun Europe’s Bonds, and Debt Piles Up
(DBN)

'Europe Needs Growth to Prevent a Collapse of the Euro'
(DBN)

The Bargain Germany Must Accept In Order To Save The Eurozone
(DBN)

German plan for controlled bankruptcy for euro zone countries
(DBN)

______________

PIIGS:

Greece sells T-bills below 5 pct, eyes on Portugal
(DBN)

Tensions Rise Before Portugal Auction
(DBN)

Portugal Bond Sale Succeeds Despite Budget Woes
(DBN)

EU hands tied ahead of Battle of Spain
(DBN)

______________

Canada:

Fraser Papers Pensioners, Largest Creditors Reject Restructuring Proposal
(DBN)

______________

Germany:

German Economy Grew at Fastest Pace in Two Decades in 2010
(DBN)

Roubini vs Issing on next steps for Germany
(DBN)

______________

Australia:

Big-Name Bidders Line Up to Buy Australian Firm's 712 Shopping Centers
(DBN)

Australian floods 'to hit economic growth'
(DBN)

Queensland firms face flooding woe
(DBN)

Rich list member's $500 million tower project in receivership
(DBN)

______________

Croatia:

Zagreb's popular radio bankrupt, could shut down
(DBN)

______________

Romania:

KPMG Appoints New Head Of Restructuring
(DBN)

______________

China:

China bank loans surge, policy tightening expected
(DBN)

China Demands The US Make Statement Promising Its Dollar Assets Will Be Held Safe
(DBN)

______________

Middle East:

Economic chief calls for Emirates bankruptcy overhaul
(DBN)

______________

Latin America:

Risk of bust after boom haunts Latin America
(DBN)

______________

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Copyright 2011