January 4, 2011

The Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Law:

Bonus Watch: Let’s Make a List of Firms Like Irell & Manella That Are Killing Cravath Bonuses
(DBN)

Bonus Watch: Arnold & Porter Will Try Transparency Next Year, This Year Sticks With Cloak and Dagger Routine
(DBN)

Associates: Try Not to Leave Behind Evidence of New Year’s Debauchery
(DBN)

Klee, Tuchin, Bogdanoff & Stern LLP Announces Three New Partners
(DBN)

Morrison Foerster LLP: Bankruptcy Year-End Review 2010
(DBN)

Small Firm Offers Pay-As-You-Go, A La Carte Legal Services
(DBN)

More for Less: Reducing the Cost of Legal Services
(DBN)

LeClairRyan Enhances Bankruptcy Practice
(DBN)

LeClairRyan Hires 16 Lawyers From Nixon Peabody
(DBN)

Measuring Values
(DBN)

On Tom Goldstein's Transition Back to Small Law
(DBN)

Growth of legal outsourcing may herald era of cheaper lawyering
(DBN)

New lawyer finding there’s no sure thing for her
(DBN)

"Badges Of Fraud:" Lawyer Suspended For Actual Fraudulent Transfer
(DBN)

4th Annual Blawg 100 Popular Voting Results
(DBN)

2011 Forecast: Lawyers Will Still Be Miserable, and the Billable Hour Won’t Die
(DBN)

Help Associate Morale With Quality Reviews
(DBN)

Practicing With the iPad
(DBN)

An iPad for Courtroom Presentations
(DBN)

USB to HDMI Adapter For Windows And Mac Computers
(DBN)

In-House: Entering Time
(DBN)

Onetime BigLaw Partner, Now In-House, Was Aided by Teen Son in ‘Torture’ of Reviewing Time Entries
(DBN)

For Lawyer Wannabes, Checks for $30 Million Are in the Mail (Almost)
(DBN)

Lawyers of the Day: ‘Scum Sucking Loser’ and ‘Retard’ Email insults lead to sanctions for two Florida attorneys.
(DBN)

11th Circuit Upholds $387K Sanction of Small Firm for Persisting in Case After Bad Client Depo
(DBN)

Baker Botts Disqualified
(DBN)

RI Supreme Court questions lawyer's business reorganization
(DBN)

Perfect storm hits legal aid
(DBN)

Madoff, Deutsche Telekom, Global Research, Siga in Court News
(DBN)

New Laws Govern Guns, Web, Banks
(DBN)

Whoops! E-Mail Blunder Ends With General Counsel Booted From Case
(DBN)

Lawyer is Suspended Over Hit-and-Run for Which He Initially Blamed His Wife and ‘Road Raged’ Bikers
(DBN)

McGuireWoods loses bid to dismiss securities fraud case
(DBN)

The ABA is now making the case to persuade college students not to go to law school.
(DBN)

When You're in Law School, Just How Busy (With Sex) Are You?
(DBN)

Berkeley law school dean takes heat over demand for higher pension benefits
(DBN)

New Stamp Will Honor Gregory Peck as Atticus Finch
(DBN)

Connoisseurs of odd legal arguments might appreciate this item
(DBN)

Lawsuit Over Donald Duck Fondling Heads to Court
(DBN)

______________

Judges:

On history's stage: Chief Justice John Roberts Jr.
(DBN)

______________

Wall Street:

Stock Index Futures Inch Up
(DBN)

Economic Optimism Lifts Global Stocks
(DBN)

Stocks off to a rockin' start in 2011
(DBN)

Goldman Learns You Can't Buy Friends On Facebook
(DBN)

Facebook and the 500-Person Threshold
(DBN)

A $50 Billion Facebook Valuation Might Not Be So Crazy
(DBN)

Goldman is still blocking the website it just invested $450 million in
(DBN)

Goldman Emailed Clients On Sunday Night About The Facebook Investment, With A Catch
(DBN)

10 Huge Companies That Facebook Is Now Worth More Than
(DBN)

Facebook Deal Offers Freedom From Scrutiny
(DBN)

How the Facebook Economy Trumps the Real One
(DBN)

Goldman Tops League Table
(DBN)

______________

Layoffs:

Nonfarm payroll data getting stronger
(DBN)

Underemployed Still Sits at 17%
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Gambling:

New Trump CEO faces the challenge of revitalizing casinos after bankruptcy
(DBN)

______________

Food/Drink:

Restaurant Performance Index slips in November
(DBN)

A&P bankruptcy creates new headache for subleasing tenants
(DBN)

______________

Oil/Gas:

Oil Near 27 - Month Peak
(DBN)

Deep-Water Drilling Path Clears
(DBN)

______________

Symphonies:

Louisville Orchestra pays musicians partial salary
(DBN)

______________

Video Rentals:

Lots of Folks Object to Blockbuster's Store Closure Plan
(DBN)

______________

Resorts:

Judge Lifts Stay on 2 Tamarack Ski Lifts
(DBN)

Blixseths start year plagued by legal, financial problems
(DBN)

______________

Celebs:

Former Escorts Say Lenny Dykstra Bounced Checks, Stole Credit Cards
(DBN)

Bankrupt Toni Braxton to Star in Reality Show
(DBN)

______________

 

Economy:

Manufacturing activity expands for 17th month in a row
(DBN)

GDP Grew Less Than Forecast, Inflation Cooled
(DBN)

Obama May Name JPMorgan Executive as Top Adviser
(DBN)

Corporate Outlook Brightens for 2011
(DBN)

National Debt Tops $14 Trillion
(DBN)

Poll: Tax the Rich to Balance the Budget
(DBN)

30 Reasons Why 2011 Is Going To Be Another Ugly Year For America's Middle Class
(DBN)

6 Predictions About How The Economy Will Affect Average Americans In 2011
(DBN)

World Factory Output Running Strong
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Wall Street Relieved as Bank of America Pays Off Fannie, Freddie
(DBN)

BofA points to potential impairments to home loans division
(DBN)

Bank of America Deal on Loan-Repurchase Demands Sets `Template' for Banks
(DBN)

Ohio Ruling: No Substitution of Foreclosure Documents in Robo-Signing Cases
(DBN)

Top Lenders Set For Foreclosure Settlement: Report
(DBN)

Big Lenders May Be First to Settle Foreclosure Probe, Iowa Says
(DBN)

Tale of Three Cities: Foreclosures Don’t Always Follow the Script
(DBN)

KBW lowers mortgage repurchase risk at major banks to $33 billion
(DBN)

Amherst finds mortgage market underestimates looming defaults
(DBN)

House Prices: More Pessimistic Views
(DBN)

Key to Real-Estate Rebound
(DBN)

Real Estate Developers Prosper Despite Defaults
(DBN)

Bellevue Towers developer turns project over to lenders
(DBN)

Ending Federal Subsidies for Mortgages
(DBN)

Third-quarter HAMP trials plunge 84% from year ago
(DBN)

Desperation Pushed Homeowner Facing Foreclosure To Fatal Actions
(DBN)

Warren Says Foreclosuregate Scandal Could Have Been Prevented
(DBN)

States working toward separate foreclosure resolutions
(DBN)

Foreclosures resume in South Florida after two-week hold
(DBN)

The Fall of Florida's ' Foreclosure King' Will Create Huge Waves
(DBN)

Florida's foreclosure mediation program produces few results
(DBN)

Moody's sees multifamily REIT credit strengthening in 2011
(DBN)

Fresh Signs of Life in Office Market
(DBN)

CIC Backs Manhattan Tower as China Steps Up US Real Estate Investments
(DBN)

Private Construction Spending increases in November
(DBN)

Coalition sues state over Newhall Ranch permits
(DBN)

New CA Legislation Creates Risks for Lenders
(DBN)

_____________

Banking:

The Official Bank of America–WikiLeaks Checklist
(DBN)

Bank of America's campaign to fight WikiLeaks is flawed
(DBN)

Are They BANKING On It? BofA Scrambles Amid WikiLeaks Nightmare
(DBN)

Bank of America Buys Back $2.5 Billion in Mortgage Debt
(DBN)

Moynihan Fights Fires at Bank of America Amid Investor Doubt in Book Value
(DBN)

______________

Fraud:

U.S Claims Some of Scott Rothstein's Choicest Trinkets; Creditors Moan
(DBN)

Prosecutors, Trustees Fight For Dominance In Ponzi Bankruptcies
(DBN)

Ex-Madoff Aide Bonventre Seeks Dismissal of Charges, Cites Asset Seizure
(DBN)

Feds eyeing Madoff kin
(DBN)

Receiver of Merkin Fund Tied to Madoff Fraud to Distribute $167 Million
(DBN)

Hecker back in court seeking release from jail
(DBN)

Nadel now in nicer prison
(DBN)

Criminal charge for operator of alleged Utah Ponzi scheme
(DBN)

Beau La Madrid Could Get Ten Years for Ponzi Scheme
(DBN)

______________

Pensions:

Were Social Security, Medicare "Raided"?
(DBN)

______________

Corporate Reform:

Rove Suspected In Swedish-US Political Prosecution of WikiLeaks
(DBN)

Dodd-Frank and the Return of the Loan Shark
(DBN)

Warren Plans Information-Sharing With States to Regulate Non-Bank Lenders
(DBN)

Holly Petraeus To Be Elizabeth Warren's Pick For Top Post In New Consumer Agency
(DBN)

Sleeping Cops At SEC Give Bio Willie Operator A Pass
(DBN)

______________

Debt Collection:

Dead Soul Is a Debt Collector
(DBN)

______________

Politics:

Lame Duck: As wounded as a lawyer at a Dick Cheney shooting party
(DBN)

______________

Finance:

Lenders Shift Some Loan Costs to Big Borrowers
(DBN)

Valuing Ally Financial
(DBN)

______________

Bankruptcy Crimes:

Trial rescheduled for identity thief accused of bankruptcy fraud
(DBN)

______________

Hollywood:

Movie Maker Calls "Lonely Teardrops" Deal a Burden
(DBN)

______________

Health Care:

Health Care Is Already Rationed
(DBN)

House Republicans move to repeal Obama healthcare
(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)

______________

Miscellaneous:

Vitro, Centaur, Medical Staffing, Paradise Ranch: Bankruptcy
(DBN)

______________

Obits:

Boies Schiller Partner Caryl Boies Dies at 48
(DBN)

______________

Bankruptcy Statistics:

After Two Years, Bankruptcy Boom Set To Fade In 2011
(DBN)

U.S. Consumer Bankruptcies Rose 9% to 1.5 Million
(DBN)

Personal Bankruptcies Up 9% in 2010, Expected to Rise Again in 2011
(DBN)

Personal Bankruptcies in 2010, by State
(DBN)

Personal bankruptcies in Florida rise 16.5 percent in 2010
(DBN)

South Florida bankruptcies up 40% in 2010
(DBN)

Oklahoma bankruptcy filings increase
(DBN)

Northwest Ohio bankruptcy filings decrease 5% for year
(DBN)

Hawaii: December bankruptcy filings fall
(DBN)

NH bankruptcy filings fall to close out '10
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Alternatives:

ABCs can make going out of business smoother and quieter
(DBN)

______________

Litigation:

Court allows lawyers seeking sanctions to recover costs
(DBN)

A Closer Look at the 2010 Securities Lawsuit Filings
(DBN)

E-Discovery to Serve the Small Litigant
(DBN)

______________

Avoidance Actions:

Midway Games Liquidating Trustee Begins Filing Avoidance Actions
(DBN)

______________

Municipalities:

When States Default: 2011, Meet 1841
(DBN)

Bankruptcy might save some cities
(DBN)

Cuomo, Ahead of Asking for Wage Freeze, Says He Will Cut His Pay 5%
(DBN)

Illinois Has Days to Plug $13 Billion Budget Gap
(DBN)

Governors Warn of Tough Times
(DBN)

There's One Huge State Budget Crisis That Everyone Is Refusing To Talk About
(DBN)

States Make Gains in Sales Taxes
(DBN)

Half Moon Bay Faces Insolvency
(DBN)

State and Local Government budget cuts: A 2011 Theme
(DBN)

______________

Labor:

Labor's Coming Class War
(DBN)

Public Workers Taking Blame for Budget Crisis
(DBN)

Strained States Turning to Laws To Curb Unions
(DBN)

Private employer may refuse to hire bankrupt applicant
(DBN)

______________

Autos:

Unemployment Puts Brakes on Auto Recovery
(DBN)

Auto-Bailout Planner in Line for Post
(DBN)

Fiat Looks to Majority Ownership of Chrysler
(DBN)

GM shares rise about 2 percent on analyst note
(DBN)

______________

Retailing:

Borders to Meet With Publishers
(DBN)

Two Executives Leave Borders
(DBN)

______________

Education:

'Math Monkey' company files for bankruptcy
(DBN)

______________

M&A:

Morgan Stanley Takes the 2010 M&A Crown
(DBN)

______________

UK:

VAT Rise Will Cost Families $800 a Year
(DBN)

UK mortgage approvals rise unexpectedly in Nov
(DBN)

UK Manufacturing Grew at Fastest Pace Since 1994 in December
(DBN)

______________

EU:

Europe begins confiscating private pension funds
(DBN)

Is EU Debt Restructuring Inevitable?
(DBN)

European Inflation Accelerates More Than Forecast to Two-Year High on Oil
(DBN)

______________

Ireland:

Insolvencies up 8% in 2010
(DBN)

Over 1500 firms go out of business over debts
(DBN)

Anglo screamer
(DBN)

Former Anglo Irish Bank Boss forced to take personal budgeting course
(DBN)

______________

Russia:

Khodorkovsky's Lawyer Appeals His New Sentence
(DBN)

______________

Ivory Coast:

Sovereign default watch, Ivory Coast edition
(DBN)

______________

Please note that The Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that The Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive The Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when The Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $55/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase. Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address which is on our distribution list (if receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list). You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries).

 

Copyright 2010