January 21, 2011

The Daily Bankruptcy News

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Law:

Mayer Brown reports flat revenues and partner profits for 2010
(DBN)

Pillsbury profits rise 10 per cent as revenues remain static
(DBN)

Howrey Going To Fix This Situation? High-Level Partner Defections, Office Closings — Not Good.
(DBN)

Cadwalader launches in Houston with transatlantic team snared from McDermott
(DBN)

Legal Celebrities on the Move
(DBN)

Cravath's Woolery to Join JPMorgan as Senior Deal-Maker
(DBN)

JPMorgan's New Senior Merger Banker
(DBN)

JP Morgan Hires Outsider To Run M&A
(DBN)

Lisa Blatt, a Record-Holding Supreme Court Litigator
(DBN)

How to Prevent 'The End of Lawyers'
(DBN)

It's client care, but not as we know it - do law firms need professional account managers?
(DBN)

Herbert Smith top-earner pay rises 8% as firm cuts back net debt
(DBN)

Firm's partners forced to record a minimum of ten hours a day
(DBN)

Lawyers Advise Noteholders in Mexican Bankruptcy
(DBN)

The Sins of Outside Counsel — Creating Surprises
(DBN)

'Frightening' Case May Make Execs Think Twice About Talking to Lawyers
(DBN)

Neither Snow nor Ice Can Stop Big Law
(DBN)

Lawyer Acting as Expert Witness Violated Criminal Law With Court Exhibits, 6th Circuit Rules
(DBN)

Liberty Mutual Sues One of Its Contract Lawyers, Claims ‘S-xtortion’ Attempt
(DBN)

Goal of Conn. Bill Is to Protect Lawyer Jobs By Deeming Offshore Legal Work UPL
(DBN)

Pair of Firms Laying Off Lawyers in Paradise
(DBN)

What's the Best Way to Evaluate Associates?
(DBN)

9 Essential Billing and Collection Skills for Lawyers
(DBN)

20 Free Services Lawyers May Want to Offer to Clients
(DBN)

Lawyers Cry Foul as Avvo Downgrades Ratings
(DBN)

Q&A With Resume Goddess, Who Put Her Law Degree For Sale On eBay
(DBN)

People! It is 2011. The Fax Machine is DEAD.
(DBN)

The BYOC Trend
(DBN)

How Your Law Firm Website May Be Like a Cave or a Middle School Dance
(DBN)

Selecting and Monitoring a Jury on an iPad
(DBN)

Man calls 911
(DBN)

Verbiate Your Nouns for Legal Shock & Awe
(DBN)

Tennessee Law Students Tangle Over Prestige, Machine Guns, and Books
(DBN)

Law School Rankings: Crowdsourcing Makes Them More Awesome
(DBN)

Disbarred Law Grad Can’t Use ‘JD’ After His Name, Judge Rules
(DBN)

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Judges:

Respected bankruptcy judge Albert Radcliffe dies
(DBN)

Retiring judge should have planned ahead
(DBN)

Chief Justice Uses ‘Crafty’ Example in Arguments on Corporate Privacy
(DBN)

What Does Justice Kagan Have in Common With Kobe Bryant?
(DBN)

Elena Kagan not selected for jury duty
(DBN)

Common Cause Seeking Ethics Probe of Scalia and Thomas
(DBN)

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Wall Street:

Futures Rise After Solid Earnings
(DBN)

Futures Point to Mixed Open For Wall Street
(DBN)

Dow Slips on China Data
(DBN)

Morgan Stanley Reduces Investment Bank's Pay Pool 2%
(DBN)

Morgan Stanley’s Quarterly Profit Rises 60% to $600 Million
(DBN)

Morgan Stanley Employee Compensation: $16 Billion
(DBN)

Morgan Stanley defers more of employees' pay
(DBN)

Commodities Fall on Concern About China's Demand
(DBN)

Eat-What-You-Kill Brokers Starved as Banks Gorge on Bailout Cash
(DBN)

How to Think About Goldman’s Financial Crisis Bonus
(DBN)

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Layoffs:

How States Fared on Unemployment Benefits
(DBN)

More than 1 million immigrants landed U.S. jobs between 2008 and 2010
(DBN)

Labor Market Sees Slow Recovery
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Video Rentals:

Blockbuster wins more time to restructure, shares tumble
(DBN)

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Municipalities:

Bankruptcy Path Is Sought for States to Escape Debt Burdens
(DBN)

States Seek Path To Bankruptcy
(DBN)

States are bankrupt whether they can declare it or not
(DBN)

Record amounts withdrawn from muni funds
(DBN)

Is Vallejo, California stiffing its creditors?
(DBN)

Vallejo looks to 'throw off blanket of doom' as interim city manager touts 300 possible changes
(DBN)

Vallejo Officials Unveil Options For Emerging From Bankruptcy
(DBN)

State and local debt not uniformly troubled: analysts
(DBN)

`Fiscal Meltdown' for States Exaggerated, Group Says
(DBN)

The Next Urban Challenge — And Opportunity
(DBN)

Public Pension Problems: Blame Wall Street
(DBN)

America must brace itself for turbulence
(DBN)

SEC Requires Disclosures on Asset-Backed Bonds in Rules Opposed by Munis
(DBN)

Two Fresh Headlines To Scare The Living Daylights Out Of Muni Investors
(DBN)

Arizona Seeks to Cut Medicaid Rolls
(DBN)

America's Rudest Cities
(DBN)

Texas town, home to Jonas Brothers, most affluent U.S. neighborhood
(DBN)

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Health Care:

Louisiana Parish Seeks Partner to Develop Hospital
(DBN)

Sunrise's tough turnaround bears fruit for its investors
(DBN)

______________

Religion:

Priest 'Concerned' About $450,000 in Back Pay From Milwaukee Archdiocese
(DBN)

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Aviation:

Mesa Air wins bankruptcy plan OK, to emerge soon
(DBN)

When Bad Things Happen to Good Travelers
(DBN)

Grounded Airline Mexicana Makes Test Flights, Hopes To Return
(DBN)

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Economy:

Applications for jobless benefits fall 37,000
(DBN)

Obama’s Jobs Search
(DBN)

Jobs Coming in 2011: Feel Like a Recovery?
(DBN)

Parts of US Economy Stirring
(DBN)

Rising Prices and the 2011 Economy
(DBN)

House GOP Lists $2.5 Trillion in Spending Cuts
(DBN)

G.O.P. Bloc Presses Leaders to Slash Even More
(DBN)

Poll Finds Wariness About Cutting Entitlements
(DBN)

Leading Indicators Index in US Increases More Than Forecast
(DBN)

Volcker Out, Immelt In on Economic Board
(DBN)

Volcker Rule May Work, Even if Vague
(DBN)

Philadelphia Fed Factory Index Decreased to 19.3 in January
(DBN)

So much for Dodd-Frank's promise of no more bailouts
(DBN)

P&G, big US firms push for lower corporate rate
(DBN)

Economic Recovery Means More Traffic
(DBN)

Did the Poor Really Cause the Financial Crisis?
(DBN)

Fed's Fisher on the Economy, Monetary Limits
(DBN)

Inside the Social Security Trust Fund
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Key House Republican plans Fannie, Freddie wind-down
(DBN)

Banks Want Pieces of Fannie-Freddie Pie
(DBN)

How and Why To Privatize Fannie, Freddie
(DBN)

Citigroup’s Defective-Loan Rate Improves to F+
(DBN)

FBI looks into bid rigging at courthouse auctions
(DBN)

Existing-home sales continue to climb
(DBN)

Most MSAs see significant home price decline in November
(DBN)

Bank Walk Aways
(DBN)

13 Cities Where Buying A Home Now Is A Terrible Idea
(DBN)

Blame for Mortgage Mess? The Banks
(DBN)

Miami Home Sales Rise 18% in December
(DBN)

Foreclosure lawyer stops at nothing, locked doors included
(DBN)

To Bailout or Not to Bailout: Mortgage Mess Endgames Emerging
(DBN)

Few Marylanders facing foreclosure seeking mediation
(DBN)

Home loan modification aid falling short
(DBN)

Faulty Foreclosure May Mean Massachusetts Buyer Isn't Owner
(DBN)

Portraits of Stockton's foreclosure pain
(DBN)

Judge denies Miami Beach developer bankruptcy waiver
(DBN)

Developer could buy Statler by late March
(DBN)

Open for business, Kroll Ratings makes private RMBS prediction
(DBN)

Ex-judge Froelich to lead asset restructuring at Ohio Equities
(DBN)

_____________

Banking:

Lenders See Little Choice: Layoffs
(DBN)

FDIC Assures That Creditors, Not Taxpayers, Bear Risk of Failures
(DBN)

Fifth Third raises $1.7 bln to repay TARP
(DBN)

Southern Bank Deal May Lead Way for More Combos
(DBN)

______________

Fraud:

Gibraltar Private Bank executives face questions in Rothstein case
(DBN)

Rothstein v. TD Bank lawsuit survives
(DBN)

On faith, clawbacks, charity and more
(DBN)

Feds put fraud unit in Charlotte
(DBN)

Ponzi is Prologue – What the Dodd Frank Act Means for SEC Fraud Enforcement
(DBN)

Man with a ‘Passion’ for Charter Buses Managed to Dupe Moss Adams, Deloitte in Washington’s Largest Ponzi Scheme
(DBN)

______________

Bankruptcy Crimes:

Former detective appeals fraud sentence
(DBN)

______________

Retailing:

The Borders Story: Is This the Final Chapter?
(DBN)

Blockbuster wins 3-month restructuring extension
(DBN)

______________

Symphonies:

CEO says orchestra can't make its payroll
(DBN)

______________

Golf:

Odessa golf course files for bankruptcy protection
(DBN)

Aspen Lakes Files for Chapter 11
(DBN)

Golf course developer Macke indicted
(DBN)

______________

Skiing:

Two Major Lodges at Telluride to Close
(DBN)

______________

Media:

Publishers Come Out of Bankruptcy Eager To Buy
(DBN)

Baltimore Jewish Times creditor challenges bankruptcy plan
(DBN)

______________

Celebs:

Toni Braxton's woes with Bankruptcy
(DBN)

Poor Little Rich Girl: Socialite Faces Foreclosure on Grand Country Estate
(DBN)

Charlie Batch's Bankruptcy Serves As A Cautionary Tale
(DBN)

______________

Horticulture:

Plant nursery warns of possible layoffs in Winters following bankruptcy
(DBN)

______________

Autos:

A Magic Moment to Remake General Motors
(DBN)

______________

Politicians:

Governor receives land from bankrupt daughter
(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)

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Insurance:

Insurers Gained Ground in Key 2010 Rulings
(DBN)

______________

Sales:

363 Sale Order Approving Sale of Electric Company’s Assets Generates Some “Electricity” of Its Own
(DBN)

______________

Bankruptcy Rules:

Revisions to Local Bankruptcy Rules ("LBR's") of the US Bankruptcy Court for the Central District of California
(DBN)

______________

Accounting:

Blog by Wife of PwC Partner Details Failed Attempts at More Frugal Lifestyle
(DBN)

The Fortune 100 Best Companies to Work For: Deloitte #63 (2011)
(DBN)

The Fortune 100 Best Companies to Work For: Plante & Moran #26 (2011)
(DBN)

Will a Former PwC Employee’s Superhero Aspirations Lead to Trouble?
(DBN)

Four Reasons CPA Firms Can’t Keep the Lid on Pay Raises for Much Longer
(DBN)

______________

Religion:

Priest 'Concerned' About $450,000 in Back Pay From Milwaukee Archdiocese
(DBN)

______________

Golf:

Golf course designer charged with fraud
(DBN)

Members have deal to save golf club from auction
(DBN)

______________

Trucking:

Truck Sales Hit Highest Month Since 2006
(DBN)

______________

Gambling:

Union Wants Money From NYC OTB
(DBN)

______________

Hotels:

Highland Hospitality Nears Deal With Creditor Group
(DBN)

______________

Radio:

Firm hired to sell five Atlantic Broadcasting radio stations
(DBN)

______________

Litigation:

Cornerstone Releases 2010 Securities Litigation Study
(DBN)

Advisen Releases Year End 2010 Corporate and Securities Litigation Study
(DBN)

Delaware Court of Chancery Adopts Guidelines For Preservation of Electronic Evidence
(DBN)

Judges Making More of a Case for E-Discovery Sanctions
(DBN)

Cache Evidence, Mens Rea and Accessing Illicit Material
(DBN)

Settlement Videos Are Powerful Mediation Tools
(DBN)

______________

Corporate Reform:

Five reasons Elizabeth Warren should run for Senate
(DBN)

Neugebauer Asks Warren Policy and Organizational Questions on Consumer Agency
(DBN)

Letter Raises Questions About Who Will Run Consumer Bureau
(DBN)

Geithner Snubs Congressional Request to Testify on TARP and Foreclosures
(DBN)

Issa Asks for Geithner, Settles for Assistant for First Oversight Hearing
(DBN)

S.E.C. Approves New Rules for Asset-Backed Securities
(DBN)

FTC head promises no enforcement "double-teaming"
(DBN)

______________

UK:

Government bankruptcy chiefs shed 440 jobs
(DBN)

Bonuses for bankers, bankruptcy for public services
(DBN)

U.K. Consumers Face Squeeze
(DBN)

Appointment of Administrators - 20 January 2011
(DBN)

Winding Up Petitions - 20 January 2011
(DBN)

Rob Hall, R3, discusses Mike Weir MP's insolvency
(DBN)

______________

EU:

ZUMO Scheme Of Arrangement Approved
(DBN)

______________

Canada:

Whitemud Forced Into Receivership
(DBN)

______________

Germany:

NN's German factory division files for bankruptcy
(DBN)

German Business Confidence Unexpectedly Rises to Record
(DBN)

Ex-Arcandor Chief Middelhoff’s Bonus Payment Reviewed in Probe
(DBN)

______________

France:

Messier Stands His Ground Ahead of Vivendi Ruling
(DBN)

______________

China:

China's Growth Unsettles Wall Street
(DBN)

______________

Hong Kong:

HK bankruptcy petitions up 3.4 pct in Dec vs Nov
(DBN)

______________

Australia:

Big Hangover For ING Pub Fund As Icon Collapses
(DBN)

Receivers move in on more assets of rich list developer Luke Saraceni
(DBN)

New code of professional practice takes effect
(DBN)

______________

Spain:

Spain plans partial nationalization of savings banks
(DBN)

Goldman Downplays Spain Insolvency
(DBN)

______________

Middle East:

Dubai islands 'falling into the sea'
(DBN)

______________

Romania:

15,442 companies dubbed insolvent in the first nine months of 2010
(DBN)

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Copyright 2011