January 14, 2011

The Daily Bankruptcy News

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Law:

John Quinn Isn't Buying Howrey's Explanation for Its Partner Losses
(DBN)

Why I'm Not Going to Law School
(DBN)

Survey Results: Bonus Satisfaction
(DBN)

Bonus Watch: Gibson Dunn
(DBN)

Richards Kibbe & Orbe Names new Bankruptcy Counsel
(DBN)

Can Law Firms Offer Same Flexibility as Accounting Firms? Probably Not
(DBN)

UK Firm of the Year: biscuits, loos and social life
(DBN)

Herbert Smith to pay lawyers £10 an hour
(DBN)

Freshfields and Linklaters head Euro rankings after 2010 M&A mini-revival
(DBN)

Study: Lawyer Sanctions Over Electronic Discovery on the Rise
(DBN)

Motown Firm Can't Hit the Brakes on $33 Million Malpractice Mess
(DBN)

Biglaw Baby Making 101
(DBN)

Yale Law Prof Targeted in Mommy Wars Offers Further Explanation of Her Thoughts on Parenting
(DBN)

Archdiocese bankruptcy will benefit Milwaukee-area lawyers
(DBN)

Law eBooks on the iPad
(DBN)

iPhone brainwave detector arrives
(DBN)

Want to Pitch An Idea to Your Law Firm? Learn to Tell a Better Story
(DBN)

Why Annulkah Can’t Get a BigLaw Job: Everest-Climbing Super-Elite Grads Preferred
(DBN)

Sign of the Times: Another Law Professor Assails Legal Academy
(DBN)

Confidential Law Firm Memo Leaked! (Well, Kind of ...)
(DBN)

In-House: ‘Will You Be There On Monday?’
(DBN)

Old pics of sister-in-law lead to child ---- case
(DBN)

Is the LSAT Going to Go the Way of the Dodo?
(DBN)

Defense Lawyer Has Won 28 Med Mal Cases, Lost Zero Since 1999
(DBN)

Rethinking Retirement on the Sceptred Isle
(DBN)

Simmons & Simmons is top gay-friendly law firm
(DBN)

Despite DNA Evidence & Confession, Jury Acquits ‘Nude Housekeeper’ in Paralegal’s Slaying
(DBN)

Fake Law Firm Memo Offers Tax Tip to Troops: The Less You Bill, the Less We Owe
(DBN)

D.C. Appeals Court: Attorney May Have Stolen Funds, but Doesn't Deserve Disbarment
(DBN)

Law Grad Who Reportedly Faked Bar ID is Charged With Stealing $176K From Indian Tribe
(DBN)

Freedom 'in decline worldwide'
(DBN)

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Judges:

Texas Judge Barred From Considering Constitutionality of Death Penalty
(DBN)

Judges Get Mahogany, Granite Counters, Soundproof Toilets and More at New ‘Taj Mahal’ Courthouse
(DBN)

Backers of lavish courthouse in Tallahassee apologize and dodge
(DBN)

Broward County, Fla.'s Sick Courthouse
(DBN)

NY Judges Ticked Off Over Pay? Survey Says: Ding!Ding!Ding!
(DBN)

"The judge can’t do his/her best in such circumstances"
(DBN)

A Request from Chief Judge Alex Kozinski
(DBN)

Judge John Roll remembered as model of fairness
(DBN)

In Tucson Case, a Federal Judge Both ‘General and Traffic Cop’
(DBN)

Obama’s Tucson Speech May Have Complicated Prosecution
(DBN)

A message from the judge killed in Tucson
(DBN)

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Wall Street:

US stock index futures dip
(DBN)

Wall Street Closes Lower
(DBN)

Stocks Mixed After Unemployment Applications Rise
(DBN)

6 Amazing Careers Where You Still Won't Make As Much As A Trader
(DBN)

13 Glaring Signs That The Market Is Forming Another Huge Bubble
(DBN)

Is This Why Lloyd Blankfein Didn't Bother Pitching AIG This Morning?
(DBN)

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Layoffs:

Initial Jobless Claims Up Sharply
(DBN)

Firms Hire Again, but Hold the Cheers
(DBN)

Initial Claims for Unemployment Insurance Rise: Is There Trouble Ahead?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

Wishful Thinking on Health Costs
(DBN)

House set to vote on healthcare repeal
(DBN)

The business lobby takes on healthcare reform
(DBN)

The Headache & Pain Center, Doctors Hospital file bankruptcy
(DBN)

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Sovereigns:

Warning for US and European countries from Moody's: Get rising costs under control
(DBN)

Uncle Sam Wants His AAA Rating
(DBN)

Shrugging Off U.S. Ratings Risks. For Now.
(DBN)

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Mass Torts:

Transocean Settles First Lawsuit Over Deepwater Horizon Worker's Death
(DBN)

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Hotels:

Iconic Detroit Hotel Headed for Foreclosure
(DBN)

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Municipalities:

New Hit to Strapped States
(DBN)

Texas Tax Revenue Rises for Ninth Consecutive Month
(DBN)

New Jersey Cuts Bond Sale After Christie's `Bankrupt' Comments
(DBN)

On the other hand, maybe he's better off not telling the truth
(DBN)

Why Illinois lawmakers passed 66 percent income-tax hike
(DBN)

Hard Times in Illinois
(DBN)

Fabian Says State Bankruptcies Would Disrupt Muni Market
(DBN)

Committees clash over ' bankruptcy bill' for cities
(DBN)

Bankruptcy bill could impose 'tough love' on cities, schools
(DBN)

Brace Yourself -- Our Society Is Going To The Dogs
(DBN)

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Bankruptcy Publishing:

Berkery, Noyes & Co, LLC Announces LRP Publications' Sale of its Bankruptcy/Banking Products Group to Thomson Reuters
(DBN)

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Economy:

US trade gap shrinks, but not with China
(DBN)

Energy, Food Costs Take Toll
(DBN)

Initial US Jobless Claims Rose More Than Forecast to 445000 Last Week
(DBN)

Economists Are Upbeat On Recovery
(DBN)

Bernanke is Wrong on QE2
(DBN)

Fed's Plosser Renews Attack on Bernanke Policy
(DBN)

How Much More Of Your Tax Dollars Are Going To Debt Payments NOW Than In 1980?
(DBN)

Auto bailout's estimated cost to taxpayers: $19 billion
(DBN)

U.S. criticized over Chrysler Financial pact
(DBN)

An economic recovery with jobs and housing left behind
(DBN)

Bernanke: Fed's actions led to stock rally
(DBN)

Geithner: Won't Rule Out Future Bailout If Necessary
(DBN)

Moody's warns stimulus could trample Treasuries
(DBN)

The US won’t default, even if the debt ceiling stays
(DBN)

World Bank: Global Growth to Slow
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

The Foreclosure Dump
(DBN)

Foreclosure Ruling A Snag For Wells Fargo Stock
(DBN)

Foreclosures getting more erratic out West
(DBN)

Calif. Foreclosures Declined in 2010
(DBN)

Arizona No. 2 in foreclosures for 2010
(DBN)

Idaho had the 8th highest foreclosure
(DBN)

States Where Housing Will Rebound First
(DBN)

Bernanke: No housing recovery before Fannie, Freddie revamp
(DBN)

Geithner Shovels Even More Bailout Money To Bank Of America
(DBN)

Lender 'walkaways' and foreclosures threaten Chicago
(DBN)

Builders Brace for Obama’s Plans for Housing Subsidy
(DBN)

Are Builders’ Optimistic Views Sitting on a Firm Foundation?
(DBN)

Too Big to Fail? Homelessness Increases as Help Decreases
(DBN)

Mortgage rates fall in latest week
(DBN)

ABA expects risk-retention rules to constrict credit
(DBN)

Despite the housing struggle, people still want to buy
(DBN)

Older homebuyers tapping savings for down payments
(DBN)

Ginnie Mae mandates LTV calculated at loan origination
(DBN)

The Shrinking American Home
(DBN)

No McMansions for Millennials
(DBN)

Blame The Victims And Enrich The Perpetrators
(DBN)

SkySail developer sets bankruptcy reorganization plan
(DBN)

Sacramento developer fights foreclosure
(DBN)

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Insurance:

AIG Ready To Roll With Flood Of Warrants
(DBN)

Grand Jury Subpoena for Documents Not Claim, But Audit Letter from State Comptroller Was a Claim for Which Timely Notice Was Required
(DBN)

Workers' comp trust files bankruptcy
(DBN)

_____________

Health Care:

Moody's Says US, UK, Germany, France Must Control Health-Care Spending
(DBN)

_____________

Aviation:

Recession-tested airlines ready to weather high oil prices
(DBN)

Mandala Faces Bankruptcy If Debt Talks Hit Turbulence
(DBN)

______________

Retailing:

Inland venture buys Joffco Square out of bankruptcy
(DBN)

Lenders seek to foreclose on Town Square mall in Las Vegas
(DBN)

Borders Said to Be Close to Securing Refinancing
(DBN)

______________

Food/Drink:

Winery files for bankruptcy
(DBN)

______________

Banking:

Banks Are Poised to Pay Dividends After 3-Year Gap
(DBN)

TARP watchdog warns of hidden costs
(DBN)

How the Government Decided To Throw $20 Billion at Citigroup
(DBN)

Citigroup Executives Griped About Taxpayers' `Take-It-Or-Leave-It' Bailout
(DBN)

Report: Near Failure of Citigroup in 2008
(DBN)

Citigroup Bailout Based on 'Fear of the Unknown'
(DBN)

Citi's Bailout: Ad Hoc Rescue for an Unwilling Bank
(DBN)

Citi still too big after "ad hoc" bailout-audit
(DBN)

Geithner doubts ability to spot vital banks
(DBN)

TARP Update: Paybacks And Personnel Woes
(DBN)

Washington Banking repays all TARP funds
(DBN)

JPMorgan's Fourth Quarter Profits Rise 47% to $4.8 Billion
(DBN)

______________

Trucking:

Major Florida trucking company files for bankruptcy
(DBN)

______________

Agriculture:

Auditors See Rising Defaults in Rural Loans
(DBN)

______________

Hedge Funds:

Pack Mentality Grips Hedge Funds
(DBN)

______________

Tax:

White House Looks to Change Corporate Taxes
(DBN)

Swiss Bank: US Clients May be Global Pariahs
(DBN)

US to test giving tax refunds on debit cards
(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)

______________

Miscellaneous:

Lehman, Madoff, FGIC, Chemtura, FairPoint, Quigley: Bankruptcy
(DBN)

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Bankruptcy Statistics:

Using inaccurate data, report falsely shows Baldwin with nation's highest bankruptcy rate
(DBN)

'Frenetic' pace of business bankruptcy filings will continue
(DBN)

Orlando's record bankruptcies rise 15.5 percent in 2010
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Attorney Fees:

Ninth Circuit Reminds Creditors that Requests for Professional Fees Are Not Rubber-Stamped for Approval
(DBN)

______________

Lehman:

Pimco in bid to boost Lehman bondholder payouts
(DBN)

Lehman says needs more time for bankruptcy plan
(DBN)

Lehman sees $60 billion bankruptcy payout, needs time
(DBN)

_____________

Fraud:

Madoff victims win $7.2 billion from Picower estate
(DBN)

Blaming banks for Madoff
(DBN)

You kin buy a Madoff home
(DBN)

SEC Drops Suit Against Alleged Madoff Feeder Chais
(DBN)

Ex-Delphi CEO cleared in SEC fraud case
(DBN)

Bishop Marty Sigillito: A New Filing Suggests Indictment Is On the Way
(DBN)

Lawyers For Alleged Ponzi Schemer Allen Stanford Are Blaming Prison Doctors For His Drug Addiction
(DBN)

Assessing Corporate Liability for Insider Trading
(DBN)

Prosecutors: No retrial of Black on tossed charges
(DBN)

NY Settles Merrill Lynch Fraud Case
(DBN)

S.E.C. Looking Into Deals With Sovereign Funds
(DBN)

______________

Autos:

Long Term Problems Remain for Auto Industry
(DBN)

U.S. criticized over Chrysler Financial settlement
(DBN)

______________

Telecoms:

FairPoint Wins Court Approval of Reorganization Plan
(DBN)

Nortel says Q4 will include a US$2-billion charge
(DBN)

______________

Religion:

SNAP urging Holy Cross sex abuse victims to step forward
(DBN)

Survivor points finger at never-before accused DE priest
(DBN)

______________

Celebs:

Desperate Housewife? Hollywood Star More Like a Loan Shark, Suit Says
(DBN)

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Credit Cards:

The Worst and Best Credit Cards of 2010
(DBN)

______________

Corporate Reform:

CFTC advances position plan, reignites debate
(DBN)

Offering Investors an Alternative, but Not a Very Good One
(DBN)

______________

Golf:

Papago Golf Course fans want it restored to glory
(DBN)

Wentworth Hills Golf Club going up for auction
(DBN)

______________

UK:

Winding Up Petitions 13 January 2011
(DBN)

More than 400 jobs go at Insolvency Service
(DBN)

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EU:

Euro -zone Dec. annual inflation confirmed at 2.2%, 26-month high
(DBN)

Forget The Rally, Morgan Stanley Tells Its Clients To Short The Euro
(DBN)

______________

PIIGS:

Irish leader won't quit over Ireland's debt crisis
(DBN)

'Unqualified' liquidators face clampdown
(DBN)

Allied Irish Seeks $5.2 Billion Bond Buyback
(DBN)

Hundreds of travel agencies shut up shop
(DBN)

______________

Canada:

Firm in alleged Ponzi scheme goes bankrupt
(DBN)

______________

Germany:

Germany's Schultze launches Hamburg restructuring office
(DBN)

______________

China:

China Raises Bank Reserve Ratio as Foreign Holdings, Loans Jump
(DBN)

China's Stocks Fall on Concern Rate Increases May Be Imminent
(DBN)

______________

India:

India's inflation rate accelerates to 8.4 percent
(DBN)

______________

Jamaica:

Police meet with Trustee in Bankruptcy for Cash Plus
(DBN)

______________

Tunisia:

Jobless youths rampage, using Facebook
(DBN)

______________

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Copyright 2011