January 26, 2011

The Daily Bankruptcy News

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Law:

Staff Layoff Watch: Hughes Hubbard & Reed (Los Angeles)
(DBN)

Firm to Staff: If You're Not a Lawyer, You Likely Won't Work for Us Anymore
(DBN)

The Year in Law Firm Layoffs – 2010
(DBN)

The State of Biglaw: With Layoffs Down Dramatically, Will Spring Bring Bonuses?
(DBN)

Sidley Austin Names Bankruptcy Partner
(DBN)

After Missing Some Red Flags, McKenna Long Uses 30-Minute Test to Find Team Players
(DBN)

I Dreamed of Atticus
(DBN)

Rejecting Possible Merger, Winston & Strawn Now Seeks to Recruit Howrey Lawyers
(DBN)

Fannie, Freddie paid $50 million in fees to Florida law firms under investigation
(DBN)

Testing Your Law Library Strategy
(DBN)

If everyone hates this lady, why is her book selling so incredibly well?
(DBN)

Rahm Emanuel Back on Ballot for Chicago Mayor’s Race; Ill. Supreme Court Stays Appellate Ruling
(DBN)

Idaho Law Student Wants Right to Carry Guns on Campus
(DBN)

Donating hotel toiletries to battered women's shelters
(DBN)

Lawyer of the Day
(DBN)

New Class Suit Hits LexisNexis for Unfair Fees
(DBN)

‘Looking for Evidence,’ Authorities Demolish House Where 2 Cops Were Fatally Shot Yesterday
(DBN)

Sued for Malpractice, Defense Lawyer Can Attack Client’s Alibi That He Was Elsewhere During Crime
(DBN)

NY Malpractice Suit Against BigLaw Firm Bounced to Boston
(DBN)

Reprimand Recommended for Lawyer Who Sent Note to Judge Advising Him to Convict
(DBN)

Enough's Enough, Bar Tells Attorney
(DBN)

Packers Fan Fired Over Team Necktie; Will Litigation Ensue?
(DBN)

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Judges:

1-Year State of Emergency Declared in Ariz. Federal Courts, Allowing 6-Month Criminal Trial Delay
(DBN)

Convicted of Drunken Driving, Judge Must Take Daily Breath Test Before Hearing Cases
(DBN)

Judge Has a Mind for ‘Ridiculous Details’ and Sprinkles Them Throughout His Opinions
(DBN)

Justice Alito Will Miss State of the Union Because of a ‘Perfectly Timed’ Engagement
(DBN)

Bar Group Has Judge's Back in Beef With Bloomberg
(DBN)

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Wall Street:

Futures indicate Wall Street edging up; Fed eyed
(DBN)

Stocks Fall on Mixed Earnings
(DBN)

Wall Street's High Profits, but Owe Uncle Sam
(DBN)

Wall Street’s New Lie To Main Street: Asset Allocation
(DBN)

Crisis: Vampire Squid or Big Government?
(DBN)

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Layoffs:

Obama's State of the Union underscores jobs
(DBN)

Growing jobs in a world transformed
(DBN)

Most States Shed Jobs
(DBN)

Who Are America's Jobless?
(DBN)

$1 billion in mortgage help to unemployed won't come until spring
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

SEC Gives Green Light to 'Say on Pay' Rule
(DBN)

Merrill Lynch charged with misusing customers' order data, hiding trading fees
(DBN)

What's next for the Dodd-Frank bill?
(DBN)

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Municipalities:

Municipal Bondholders Left in the Dark
(DBN)

Bonds vs. Bankruptcy
(DBN)

Illinois Plan for Pensions Questioned
(DBN)

Ill. governor responds as states try to poach jobs
(DBN)

Bankruptcy Would Disrupt Market: Illinois Treasurer
(DBN)

Gov. Christie says his office is working with towns to help them avoid declaring bankruptcy
(DBN)

Chris Christie: NJ will not pay back $271 million for tunnel
(DBN)

New Jersey governor says it's too early for state bankruptcies
(DBN)

Christie Escalates Teacher-Union War by Proposing End to Century of Tenure
(DBN)

Ending Tenure May Not Be the Answer
(DBN)

Harrisburg, Pa., Council Majority Refuse To Meet With Consultants
(DBN)

Cities Can Cut Jobs Without Union Blessing: Court
(DBN)

Help states go bankrupt
(DBN)

Senate leaders eye option of state bankruptcy
(DBN)

______________

Lehman:

Lehman Brothers Files Revised Plan to Exit Bankruptcy
(DBN)

Lehman Brothers offers bondholders bigger payment
(DBN)

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Gambling:

Judge Dismisses NYCOTB Bankruptcy Case
(DBN)

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Motorcycles:

What's behind Orange County Choppers bankruptcy rumors?
(DBN)

______________

Economy:

US consumer confidence at 8-month high
(DBN)

Unemployment Rises in 20 States
(DBN)

US Trust in Business Tumbles
(DBN)

Watchdog says future bailouts appear more likely
(DBN)

Financial Crisis Was Avoidable, Inquiry Finds
(DBN)

Financial crisis panel casts wide net of blame
(DBN)

House panel to hear TARP testimony
(DBN)

TARP's Most-Significant Legacy May Be `Moral Hazard' Risk, Watchdog Says
(DBN)

In report, financial crisis panel to urge prosecution of industry figures
(DBN)

SOTU: Unclear whether the cuts add up
(DBN)

Obama's fiscal weak tea
(DBN)

In State of the Union, Obama dodged debt, deficit challenges that cowed congressional Republicans
(DBN)

Obama to Call for 5 Year Spending Freeze
(DBN)

House GOP to endorse pre-Obama spending levels
(DBN)

Republicans decry debt, offer few detailed fixes
(DBN)

Obama urges a freeze and shift in spending
(DBN)

Bernanke Gets 66% Approval From Investors Disapproving of QE2
(DBN)

Poverty and the Middle Class
(DBN)

Davos 'One Crazy, Exciting Circus'
(DBN)

IMF: Financial Stability Still at Risk
(DBN)

What's Fueling Oil and Food Prices?
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

US home prices slide into 'double dip'
(DBN)

Bank of America's Countrywide Accused of “Massive Fraud”
(DBN)

Foreclosure-Prevention Program Shows Gains Amid Criticism
(DBN)

TARP Report: Homeowner-Aid Efforts Are Falling Short
(DBN)

California's 4Q plunge in default notices may be short lived
(DBN)

9 cities reach new lows in home prices: S&P/Case-Shiller
(DBN)

Why Are Home Prices Still Falling?
(DBN)

Housing analysts expect home price declines through 2011
(DBN)

Moody's says keeping Fannie, Freddie intact is lose-lose
(DBN)

Mortgage loan origination to drop below $1 trillion in 2011
(DBN)

Bucktown Station Developer Files for Bankruptcy Protection
(DBN)

Real-Estate Wars Go On
(DBN)

The King of Home Equity Fraud
(DBN)

4 Years for Bilking Distressed Homeowners
(DBN)

_____________

Tax:

IRS taps into Social Media
(DBN)

______________

Health Care:

Shepherd of the Valley may file for bankruptcy
(DBN)

Kentuckiana Medical Center pays off some bankruptcy debt
(DBN)

Leawood medical practice remains open despite bankruptcy
(DBN)

How GOP Plans to Trim Health Care Law
(DBN)

______________

Banking:

United Western Bancorp Mulls Bankruptcy
(DBN)

______________

Resorts:

Starved Rock resort files for bankruptcy
(DBN)

______________

Entertainment:

RHI Uses Horror Flick “Phantom Racer” To Pay Debt
(DBN)

______________

Golf:

Golf courses part of trustee's sale Wednesday
(DBN)

Country Club Crisis
(DBN)

______________

Soccer:

Playboy Pin-Up Takes Over Soccer Team
(DBN)

______________

Pigeons:

Pigeon king flap yields paper flurry
(DBN)

______________

Derivatives:

CDS clearinghouses pass $15 trillion milestone
(DBN)

______________

Aviation:

Airlines Flying Less and Charging More
(DBN)

Bankruptcy court orders Livemercial Aviation to liquidate
(DBN)

Why Frontier Airlines Isn't Going Anywhere Any Time Soon
(DBN)

______________

Shipping:

Korea Bankruptcy Slams Dry Bulk Stocks
(DBN)

More shipping firms seen failing unless oversupply addressed
(DBN)

Charter Rates Rise on Strong Cargo Demand
(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:

NYC OTB, Townsends, O'Hare InterContinental, Vitro: Bankruptcy
(DBN)

Vitro, Satmex, Nortel, Workflow, Lehman: Bankruptcy
(DBN)

The Bankruptcy Files: Lehman Fees, State Bankruptcies, and Three New Filings
(DBN)

______________

Bankruptcy Statistics:

Atlanta bankruptcies up
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Claim Allowance:

To Pay or Not to Pay: Bankruptcy Court Twice Holds that a Claim Remains Contingent for Purposes of Section 502(e)(1)(B) Until a Creditor Makes an Actual Payment
(DBN)

______________

Debt Collection:

Class Claims HSBC Cheats on Settlements
(DBN)

______________

Celebs:

Michael Jackson's Doctor Files For Bankruptcy
(DBN)

Was MJ the Only Reason Klein’s Office Successful?
(DBN)

Michael Jackson's Doctor Pleads Not Guilty
(DBN)

______________

Litigation:

What About Clients?: Federal Courts: Use "Declarations"--not Affidavits.
(DBN)

______________

Mass Torts:

Feinberg's Independence From BP Questioned
(DBN)

______________

Education:

For-Profit Colleges Sue Uncle Sam, Saying New Regulations Are Unfair
(DBN)

______________

Fraud:

SEC probing statements on Illinois pension
(DBN)

______________

Accounting:

ABA lauds FASB change of course on mark-to-market accounting
(DBN)

______________

Rail:

GOP Targets High Speed Rail for Cuts
(DBN)

______________

Retailing:

Rugged Bear trapped in Chapter 11 bankruptcy
(DBN)

Anchor Blue to allow limited returns
(DBN)

______________

Hotels:

2 O.C. hotels face bankruptcy bids
(DBN)

______________

UK:

2 on Bank of England panel sought higher rate
(DBN)

The U.K.'s Ugly Growth Aberration
(DBN)

Mervyn King warns of worse pay squeeze since 1920s
(DBN)

New partner at Begbies
(DBN)

______________

EU:

EU to ask banks to voluntarily declare bankruptcy
(DBN)

______________

Canada:

SISO forced into bankruptcy
(DBN)

Harmac legal battles roll on
(DBN)

GST/HST deemed trust loses priority in CCAA reorganization
(DBN)

______________

China:

Yuan Near 17-Year High as China Backs Advance to Tame Inflation
(DBN)

______________

Netherlands:

Dutch electronics retailer in bankruptcy
(DBN)

______________

Hungary:

Budapest financial official warns that drastic measures needed to avoid bankruptcy
(DBN)

______________

Mexico:

Satélites Mexicanos, S.A. De C.V. Announces Comprehensive Recapitalization
(DBN)

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