January 31, 2011

The Daily Bankruptcy News

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Law:

Kasowitz Takes Lead on Borders Restructuring
(DBN)

Bouncing Back? Report Shows Demand for Legal Services Rose at End of 2010
(DBN)

Asbestos Law Firm Seeks Chapter 11 Shield from $4.2M, or Maybe $35M, Claim of Partner's Widow - News - ABA Journal
(DBN)

Is Anybody Reading Law Firm Client Alerts? Not If the ‘Spray and Pray’ Method Is Used
(DBN)

Made Partner at Susman Godfrey? Fill Those Boots
(DBN)

Why I Love Being a Lawyer
(DBN)

Firms Need to Offer Incentives for Trying Value Pricing--Or Lawyers Won't Do It
(DBN)

Document Ninja School: A New Program for a New Career Track
(DBN)

Weiland, Golden, Smiley, Wang Ekvall & Strok, LLP, Announces New Partners
(DBN)

Pls Hndle Thx: Should You Ask for Lateral Signing Bonuses?
(DBN)

Bonus Watch: Wilson Sonsini
(DBN)

Bonus Watch: Morgan Lewis & Bockius
(DBN)

Prominent NY Lawyer is Pro Se in Trial Over Alleged Conversion of $853K Fire Insurance Check
(DBN)

School District Says Former MoFo Lawyer Took it for $300K
(DBN)

Hunting Happy: In Grim Times, a Search for Joy in Law Practice Gains Ground
(DBN)

Study Shows Truths About Billing, But Do Clients Care?
(DBN)

Officials Don't Play; They Say: Remove Grand Piano from Fla. Sandbar! But Salvager Gets There First
(DBN)

Lawyer Trades $1,100 Monthly Porsche Bill for $700-Per-Month BMW, But Loses Bid for Alimony Cut
(DBN)

Law on the Open Road: One Man's Avocation has Become His Niche
(DBN)

Law Graduates: Welcome to Your ‘Barely Legal’ Future
(DBN)

Trust Account Guidelines for Lawyers Adapt to Electronic Banking
(DBN)

Law School? Bag It
(DBN)

iPad App Review: Jury Duty
(DBN)

Don't Buy That iPad Yet!
(DBN)

Top Five Uses for Your Aging iPad
(DBN)

Get Back in the Race
(DBN)

Crime Stoppers Boss Busted
(DBN)

Can You Name Your Child 'Toilet Queen'?
(DBN)

Lawyer Gets Probation for Punching Opposing Counsel
(DBN)

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Judges:

Bohanon's New York stint invaluable to court
(DBN)

Former Judge Is Federally Indicted in Hurricane Ike Fraud; Defense Cries Foul, Says He Is Innocent
(DBN)

Some Justices Still Haven’t Mastered E-Mail, Sotomayor Says
(DBN)

Where judicial activism morphs into disregard
(DBN)

Judge May Have Web Page
(DBN)

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Wall Street:

Stock index futures mixed
(DBN)

US Stocks Fall, Preventing Longest Dow Streak of Weekly Gains Since 1995
(DBN)

Asian Stocks, US Futures Fall as Dollar, Yen, Oil Gain on Egypt Unrest
(DBN)

Money for nothing at Goldman
(DBN)

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Layoffs:

Pay Raises at Lowest Rate in 3 Decades
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Borders delays payments to conserve cash
(DBN)

Borders' cash cache
(DBN)

Borders: Is that a fat lady I hear singing?
(DBN)

Bankruptcy may be next storyline for Borders
(DBN)

Loehmann's closes another O.C. store
(DBN)

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Fraud:

WNBC, NYT Seek Access To Bankruptcy Files In Madoff Case, Involving New York Mets
(DBN)

New York Mets Minority Stakeholder May Expect a Profit, Not Dugout View
(DBN)

Thanks to Madoff, you can buy a stake in the Mets
(DBN)

For Mets Owners, a Costly Precursor
(DBN)

Lachina Victims Win Judgments
(DBN)

Feds seek 6 months for Hecker's girlfriend
(DBN)

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Celebs:

Lenny Dykstra's Former Mansion Is Sold
(DBN)

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Symphonies:

Louisville Orchestra gets money to pay musicians
(DBN)

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Investments:

Investment firm in legal dispute says it faces bankruptcy
(DBN)

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Banking:

Second-guessing the WaMu seizure and sale: FCIC report
(DBN)

Banks grip on prime shadow inventory growing: Morgan Stanley
(DBN)

Bank Crisis: Laughing Through the Tears
(DBN)

BankUnited brings right kind of bailout bonanza
(DBN)

______________

Autos:

Ford Sued by UK Union Over Pension Loss in Visteon Transfers
(DBN)

Chrysler Significantly Narrows Fourth-Quarter
(DBN)

Boss Sweats Details of Chrysler Revival
(DBN)

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Skiing:

Wolf Mountain Keeps Plugging Away; Court Hearing Nears
(DBN)

______________

Economy:

Boehner warns against debt default
(DBN)

Global policymakers poles apart
(DBN)

American Economy Is Bigger Than Ever
(DBN)

Anti-capitalists clash with riot police in Davos
(DBN)

CEOs in Davos Meeting-Marathon Wish for 50-Hour Days as Dealmaking Returns
(DBN)

Coulda, shoulda, wouldas
(DBN)

United States of Bankruptcy: The union's troubled state
(DBN)

Many U.S. companies ailing despite economic recovery
(DBN)

Davos: "They book a hotel room and prowl the streets hoping to snare their prey"
(DBN)

Top Global Risks of 2011
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Judge upholds Bankruptcy Court's right to launch foreclosure mediation program
(DBN)

U.S. investigates Deutsche Bank in foreclosure case
(DBN)

Home Prices Sink Further
(DBN)

Glass Condo, Rock-Bottom Price
(DBN)

O.C. home brokerage owner in reorganization
(DBN)

Texas to receive the most mortgage aid from HUD's unemployment program
(DBN)

Housing to Hit Bottom in Mid-2011
(DBN)

12 Depressing Facts About The Massive Housing Slump That Just Won't End
(DBN)

_____________

Lehman:

Lehman, JPMorgan Aim to Keep Valukas Documents Secret
(DBN)

Lehman Had $200 Billion Overnight Repos Pre-Failure
(DBN)

______________

Corporate Reform:

Time for the Financial Bad Guys to Pay
(DBN)

Crisis May Seem Criminal, but Try Making a Case
(DBN)

A Bank Crisis Whodunit, With Laughs and Tears
(DBN)

Warren nimble in building Consumer Financial Protection Bureau
(DBN)

Coakley reportedly discussed federal job
(DBN)

US House Republicans Ask Regulators For Cost Of Dodd-Frank Law
(DBN)

______________

Entertainment:

RHI Entertainment Trustee Objects to Bankruptcy Plan For TV-Movie Company
(DBN)

A Mistake to Write Off the Weinsteins
(DBN)

______________

Municipalities:

Polls: Voters oppose state bailouts and bankruptcy
(DBN)

Katz: Controller urges pols to KO push to let states file for bankruptcy
(DBN)

States' Troubles Are Not the Real Risk for Muni Bonds
(DBN)

Ten Troubling Facts About Gov't Spending
(DBN)

Municipal bankruptcy attorney says fears overblown
(DBN)

Bankruptcy may be an option for states
(DBN)

Don't invite states into bankruptcy
(DBN)

Key Republican: Congress will examine bankruptcy for states
(DBN)

States Need Bankruptcy Option
(DBN)

Top 10 States in Deepest Debt
(DBN)

Scandal costs driving city to insolvency
(DBN)

Budget-Strapped States Might Prefer To Be Bankrupt
(DBN)

Detroit's Demise a Dire Warning for Other Cities
(DBN)

Michigan ranked 27th most likely to go bankrupt
(DBN)

'The City With a Bright Future' - $80 Million in the Hole
(DBN)

Bankruptcy Is Not the Only Option for States
(DBN)

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Ratings:

Unrest Worries Credit Rating Agencies
(DBN)

______________

Trucking:

Trustee moves against lender
(DBN)

______________

Litigation:

Strong Words: A Sense of Injustice Can Empower a Jury to Undo a Wrong for Your Client
(DBN)

______________

Telecoms:

Hawaiian Telcom suit highlights huge payouts
(DBN)

______________

Horse Racing:

Penn National wins Rosecroft bidding
(DBN)

NY Horsemen to Receive $4.4 Million in Awards
(DBN)

______________

Religion:

Wilmington bankruptcy plan increases settlement amount to $74 million
(DBN)

______________

Alternative Energy:

Investors irked over load-of-crap bankruptcy
(DBN)

______________

Credit Cards:

Credit card rates at record highs near 15%; some have 59.9% APR
(DBN)

______________

Fraternities:

A Fraternity's Fight Could Lead to Its End
(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)

______________

Bankruptcy Reform:

5-year-old federal bankruptcy reforms leaving some people deeper in debt
(DBN)

______________

Professional Fees:

The Upside of High Fees
(DBN)

______________

Cash Collateral:

Cash Collateral Keeps Trico Marine Afloat
(DBN)

______________

Bankruptcy Statistics:

Bankruptcies in West Alabama exceed national average
(DBN)

Putting the Brakes on Bankruptcies
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

UK:

‘Squeezed middle’ swallows the medicine
(DBN)

Future of Cattles put to the vote
(DBN)

______________

EU:

Acute phase of euro crisis over, claims Barclays chief
(DBN)

EU working on "Brady plan" for Greece
(DBN)

Eurozone inflation spikes up to 27-month high
(DBN)

______________

Canada:

Canadian government sets auto assistance deadline
(DBN)

Angiotech enters bankruptcy protection, shareholders empty-handed
(DBN)

Fraser Papers Files Amended Restructuring Plan
(DBN)

Bowater Canada Finance Chapter 11 Case to Be Dismissed
(DBN)

______________

Belgium:

Belgian court declares SAirGroup liable for Sabena bankruptcy
(DBN)

______________

Germany:

Germany's Retail Sales Unexpectedly Dropped for a Second Month in December
(DBN)

______________

Ireland:

Disgraced banker forced to sell his $5.5 million Boston home
(DBN)

Ireland, Mired in Crisis, Will Dissolve Parliament
(DBN)

Stagflation Headed For Ireland As Eurozone Inflation Rises And Dublin Downgrades Growth Estimates
(DBN)

______________

Greece:

Greece loses Mediterranean Games over budget cuts
(DBN)

What's Broken in Greece? Ask an Entrepreneur
(DBN)

Greece confident over new rescue loan installment
(DBN)

______________

Spain:

La Caixa Plans Restructure
(DBN)

______________

Egypt:

Egypt's military moves to take control of parts of Cairo
(DBN)

Egypt riots knocks Wall St to biggest drop in nearly 6 months
(DBN)

Airport Pandemonium: Governments scramble to fly citizens out of Egypt
(DBN)

US Prepares for Post-Mubarak Egypt
(DBN)

ATMs Running Out Of Cash In Egypt, While Traders Pull Up To $500 Million Per Day From Country
(DBN)

Egypt turmoil rattles Middle East stock markets
(DBN)

Egyptian Unrest Has Repercussions in Global Economy
(DBN)

Oil Traders Brace for Big Egypt-Induced Price Swings
(DBN)

Americans Advised to Get Out of Egypt
(DBN)

What's Next for Egypt, US and Middle East?
(DBN)

Egypt's Economic Tragedy In 3 Simple Charts
(DBN)

What Uprising? China Censors News From Egypt
(DBN)

Moody's Cuts Egypt Bonds Citing Political Tensions
(DBN)

______________

Middle East:

Is Syria the Next to Fall?
(DBN)

Egypt and Tunisia usher in the new era of global food revolutions
(DBN)

Egypt's Food Problem In A Nutshell
(DBN)

______________

Korea:

South Korea Industrial Output Rose 9.8% in December
(DBN)

______________

Japan:

Japan's Industrial Output Gains Most in 11 Months
(DBN)

______________

China:

China to Allow Select Cities to Impose Property Taxes
(DBN)

______________

Australia:

AimCo, New Forests Scoop Up Australia Timber Lands
(DBN)

______________

Ivory Coast:

Ivory Coast Bondholders Expecting Default Hold Out for Ouattara
(DBN)

______________

Afghanistan:

Losses at Afghan Bank Could Be $900 Million
(DBN)

______________

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Copyright 2011