January 5, 2011

The Daily Bankruptcy News

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Law:

Bonus Watch: Sherman & Sterling
(DBN)

Bonus Watch: Patterson Belknap
(DBN)

CC, Mayer Brown act on £495m sale of former Lehman HQ to JP Morgan
(DBN)

A New Generation of Women Dealmakers
(DBN)

Top firms gear up for action as litigation tsunami hits UK
(DBN)

Controversial Civil Rights Lawyer, Fearless Critic of Federal Judges, Is Disbarred After Convictions
(DBN)

Former Rothstein law partner ready for Feb. 14 civil trial
(DBN)

Federal Judge OKs RICO Conspiracy Class Action Against Law Firm in ‘Sewer Service’ Case
(DBN)

Conflicts, Conflicts and More Conflicts
(DBN)

Legal Content on iPad and Tablets: What's the Business Model for Publishers and Law Firms?
(DBN)

BigLaw: How to Develop Law Firm Apps for the iPhone
(DBN)

Lesbians More Successful Than Hetero Women
(DBN)

Seems Bernie Madoff was good for something -- lawyer may recoup some of his $6.6M divorce settlement
(DBN)

Lawyer Creates Special Underwear for Modest Airline Passengers
(DBN)

Blind Lawyer Tests New Technology that Projects Images on Tongue
(DBN)

The ABA Started ‘Warning’ People About Going to Law School Years Ago
(DBN)

Cooley Is Latest Law School Taking a Blog Battering
(DBN)

Eleventh Circuit Holds That It is a Federal Crime For an Employee To Use His Employer's Computer For 'Non Business Reasons' After Receiving Clear Instruction From Employer Not to Do So
(DBN)

CA Supreme Court OKs searches of cell phones without warrant
(DBN)

Don't Be Mad, Y'all -- Lawyer Mike Is Back!
(DBN)

Cops: Men Used Live Snake In S-- Assault
(DBN)

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Judges:

Judge of the Day: Grabs Glock, Subdues Intruder
(DBN)

What’s Going on With the New Jersey Supreme Court?
(DBN)

Obama Will Try Again On More Than A Dozen Judicial Nominees
(DBN)

The Missing Judges
(DBN)

Scalia: Equal Protection for Ladies? Nobody Voted for That
(DBN)

Scalia on ‘Controversial Stuff’: ‘I Don’t Even Have to Read the Briefs’
(DBN)

Former Thomas girlfriend has book deal
(DBN)

______________

Wall Street:

Stock index futures fall ahead of ADP jobs data
(DBN)

Goldman Sachs Sends a Message With Facebook Deal: The Magic Model is Back
(DBN)

Facebook: why so private?
(DBN)

Friends With Benefits
(DBN)

Facebook move lucrative for Goldman
(DBN)

Goldman's Investment Actually Values Facebook At Much Less Than $50 Billion
(DBN)

What Facebook Can Learn from Google's IPO
(DBN)

Five reasons why I'm not buying Facebook
(DBN)

Goldman Employees Blocked From Facebook Said to Get Tutorial
(DBN)

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Layoffs:

Jobless rate declines in Michigan, most regions
(DBN)

Unemployment Up in Two Thirds of Metros
(DBN)

The Top 10 Industries To Find Jobs During A Recession
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Harrisburg Workers Face a New Paycheck Threat
(DBN)

Pittsburgh Dodges One Pension Bullet, but Problems Remain
(DBN)

Hamtramck's budget woes topic of meeting
(DBN)

Muni Investors Beware: America Is Full Of Chowchilla, Calif. Death Traps
(DBN)

A warning on bankruptcy
(DBN)

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Banking:

F.D.I.C. Seeks $2.5 Billion From Executives of Failed Banks
(DBN)

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Energy:

Help Energy Clients Survive Tough Times
(DBN)

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Fraud:

Bernard Madoff aides demand to be released from jail
(DBN)

Lawyer May Seek Return of Ex's 'Windfall' From Madoff Account
(DBN)

Ex-Madoff Aide Bongiorno Transferred to New York Jail
(DBN)

NY Lawyers Fight Feds Over Freeze of Madoff Fees
(DBN)

Subfeeder fund not liable for failing to uncover Madoff scheme
(DBN)

Hecker loses bid to get out of jail before sentencing
(DBN)

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Heavy Equipment:

General Crane bought out of bankruptcy
(DBN)

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Retailing:

U.S. Shopping Center Vacancies Rise as Unemployment Rate Climbs
(DBN)

Rents at big U.S. malls up, but smaller centers lag
(DBN)

Is Borders bankruptcy bound?
(DBN)

Borders To Meet with Publishers; B&N Stresses ‘Playing Field Should Be Even’
(DBN)

Borders Discusses Deferred Payments With Publishers
(DBN)

Borders General Counsel Thomas Carney Resigns
(DBN)

Macy's at troubled mall to close
(DBN)

Mall foreclosure sale delayed another week
(DBN)

______________

Celebs:

Rapper Xzibit Owes Nearly $1 Million in Taxes
(DBN)

Husband of 'Real Housewives of New Jersey' star can't walk away from debt
(DBN)

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Storytelling:

Chapter 11 is Newest Tale for Storytelling Center
(DBN)

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Horse Racing:

Stonewall Farm seeks bankruptcy court approval for sales
(DBN)

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Travel:

Joystar Bankruptcy Returns: Trustee Sues Former Owners
(DBN)

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Economy:

Voter Concern About Economy Hits Highest Level In Over Two Years
(DBN)

Fed members split over economic outlook
(DBN)

Deflation Concerns Diminish at the Fed
(DBN)

Fed's bond buying likely to run its course
(DBN)

8 Scenarios for Financial Catastrophe in 2011
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Builders Face a Desert Reckoning
(DBN)

If the Cap Fits: Landlord Claims for Breaches of Repair and Maintenance Covenants in Bankruptcy
(DBN)

Argentina's IRSA Increases Stake in Manhattan's Lipstick Building to 49%
(DBN)

For Developer, California Dream Is a Reality
(DBN)

After Hibernation, the Office Market Is Waking Up
(DBN)

Don’t Bet On Lower Housing Prices In 2011
(DBN)

Bank of America loses to homeowner in small claims court
(DBN)

Reform of Fannie, Freddie unlikely despite House Republican push
(DBN)

Maxine Waters Blasts Fannie And Freddie's Settlement With Bank Of America
(DBN)

An American dream: government gets out of housing
(DBN)

With holiday foreclosure freeze over, evictions expected to spike
(DBN)

Abandoned by their loan modification company, a family fights on to save home
(DBN)

Foreclosures mess is easing
(DBN)

When lawyers neglect the legal details
(DBN)

WI foreclosures fall only slightly
(DBN)

The Daunting Road Ahead for Housing in 2011
(DBN)

Attorneys must take steps to ensure exemption from new federal mortgage relief rule
(DBN)

Lenders boost South Florida short sales by 49% in 2010
(DBN)

Three Transcontinental Realty Investors, Inc. Affiliates File for Bankruptcy in Dallas
(DBN)

Rittenhouse Square condo developer files
(DBN)

Wall Street Preparing $4 Billion of Commercial-Mortgage Bonds
(DBN)

_____________

Tax:

IRS Guidance on Insolvency Lien Release Procedures Updated
(DBN)

Majestic Star Sues CEO Barden Over Switch In
(DBN)

______________

Deals:

Deal Makers at the Head of the 2010 Class
(DBN)

Private Equity Firms at Odds Over Investments’ Value
(DBN)

______________

Autos:

Auto sales up for first time since the recession
(DBN)

U.S. Auto Recovery May Continue With 12.9 Million Sales in 2011
(DBN)

UAW’s King Says Workers Must Share in Automakers Turnaround
(DBN)

Unlike Rivals, Toyota Saw Its Sales Fall in December
(DBN)

GM, Ford, Chrysler US December Sales Top Analyst Estimates
(DBN)

Insurers Take on Toyota in Acceleration Lawsuits
(DBN)

60 Lose Job After Auto Group Closures
(DBN)

______________

Religion:

Milwaukee archdiocese to file for bankruptcy
(DBN)

Sexual-Abuse Lawsuits Drive Milwaukee Archdiocese Into Bankruptcy Court
(DBN)

Archbishop Jerome Listecki Discusses Archdiocese's Bankruptcy
(DBN)

Abuse Victims Unhappy About Archdiocese Bankruptcy
(DBN)

Clergy Abuse Victims Say Chapter 11 Bankruptcy Protects "Church Secrets"
(DBN)

A tactic? Milwaukee archdiocese files for bankruptcy
(DBN)

Archbishop Makes 'Final Call' For Victim Lawsuits
(DBN)

The Back Story of a Sex Scandal
(DBN)

Attorney questions Wis. archdiocese's bankruptcy
(DBN)

Pursued by St. Paul attorney, Milwaukee Archdiocese files for bankruptcy
(DBN)

Obligations remain
(DBN)

Survivors Group to Discuss Archdiocese Bankruptcy
(DBN)

Catholic schools feel funds are safe from Chapter 11 filing
(DBN)

Delaware Diocese to Raise Offer to Pay Victims to End Sexual Abuse Cases
(DBN)

The devastation of sin in the Church
(DBN)

______________

Student Debt:

Government Collects on Student Loan Default
(DBN)

______________

Aviation:

Delta pays $13 million to group of former Northwest workers
(DBN)

_____________

Resorts:

Tamarack To Lose 2 Ski Lifts
(DBN)

______________

Consumer Finance:

Auto Title Lending Data: 65% Repossession Rate?!
(DBN)

______________

Personal Finance:

Winning $355M Mega Millions Lottery Tickets Sold in Idaho, Wash.
(DBN)

______________

Lehman:

School Districts Sue County For $20 Million Lost in Lehman Brothers Bankruptcy
(DBN)

______________

Bankruptcy Crimes:

Merrimack man admits committing bankruptcy fraud
(DBN)

______________

Sovereigns:

Peak Oil Means Massive Sovereign Defaults
(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:

Majestic Star, Milwaukee Archdiocese, Broadstripe: Bankruptcy
(DBN)

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Bankruptcy Statistics:

Surge in bankruptcies shows signs of slowing
(DBN)

Experts Expect Fewer Bankruptcies in 2011
(DBN)

Hawaii bankruptcy filings up 28%
(DBN)

Central Illinois bankruptcy filings fall in 2010
(DBN)

Personal bankruptcy rates jump everywhere in California
(DBN)

MN bankruptcy petitions increase 3.6%
(DBN)

NC foreclosures up 7% for 2010
(DBN)

Chicago home to 3 of 20 biggest US bankruptcies
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Poetry:

Bankruptcy in 2011
(DBN)

______________

Litigation:

Bankruptcy Litigation Trusts May Be 'Lottery Ticket' For Creditors
(DBN)

______________

Injunctions:

Enjoining the Bank: Arizona Bankruptcy Court Considers Post-Confirmation Injunction Against Enforcing Guarantee
(DBN)

______________

Corporate Reform:

G.O.P. Asks Businesses Which Rules to Rewrite
(DBN)

Ex-Primary Global Insider Suspects Released on Bail After New York Hearing
(DBN)

Legal expenses refused in trading probe
(DBN)

Memo to Elizabeth Warren: How to Do Things With Documents
(DBN)

Protection bureau to hire general's wife
(DBN)

Elizabeth Warren forges alliance between CFPB, regulators
(DBN)

Consumer Watchdog Strikes Deal to Police Lenders
(DBN)

Goldman's Facebook fund tests SEC resolve
(DBN)

SEC: Battenberg misled investors
(DBN)

Hedge Funds’ Inside Tips Are Like Paying for Sex
(DBN)

______________

Trustees:

Hobbs and McDermott Named Interim Acting Trustees for Regions 5, 8
(DBN)

______________

Bonds:

Bondholders Are Rattled by Prepayment Covenants
(DBN)

______________

Health Care:

Allcare Patients Wonder How They'll Get Their Money Back
(DBN)

Former Healthcare Financing Exec to Serve 25 Years in Prison for $1.9B Corporate Fraud Scheme
(DBN)

______________

Food/Drink:

A&P Bondholders Balk At Grocer's Bankruptcy Financing
(DBN)

______________

Golf:

Members tee up to save Valley Country Club
(DBN)

Offer on bankrupt golf community
(DBN)

______________

Hotels:

Magic Johnson joint venture buys Hotel Icon
(DBN)

______________

Politics:

Obama ready to deploy executive powers against GOP Hill
(DBN)

______________

UK:

UK Company Administrations Decline, But Many More At Risk
(DBN)

Deloitte: Propcos 'continue to walk tightrope'
(DBN)

Six-fold increase in OAP bankruptcy
(DBN)

Many borrowers still burdened with huge debt sums, warns Bank
(DBN)

Sharp rise in pensioners becoming bankrupt
(DBN)

2011 will see continued record levels of personal insolvency
(DBN)

______________

EU:

Europe Services, Manufacturing Grows at Faster Pace Than Earlier Estimated
(DBN)

______________

Germany:

Germany's Schiesser out of insolvency
(DBN)

German Unemployment Climbs
(DBN)

______________

Canada:

Government loses its priority to GST in CCAA proceedings
(DBN)

______________

Australia:

Australian Secured Creditor and Insolvency Law: Sweeping Changes Under the New Personal Property Securities Regime
(DBN)

Perth millionaire Pankaj Oswal to sell luxury toys as receivers chase $360 million in debt
(DBN)

______________

India:

India’s Microfinance Industry Fuels Mass Suicides
(DBN)

No police plan to question Citigroup execs on scam
(DBN)

______________

Czech Republic:

No. of insolvency petitions up by 70% in 2010
(DBN)

______________

Greece:

The Greek-German Yield Spread Just Hit An All-Time High
(DBN)

______________

Vietnam:

Will The Default Of A Vietnamese State-Owned Company Be The Black Swan Of 2011?
(DBN)

______________

 

 

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