July 1, 2011

The Daily Bankruptcy News

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Law:

Overseas Assignments Keep Am Law 200 Restructuring Practices Busy
(DBN)

Lawyers Don’t Really Make A Lot Of Money
(DBN)

The 2011 Am Law A-List
(DBN)

Dewey's A-List Debut
(DBN)

A-List 2011 Upheaval in the Ranks
(DBN)

Top of the Heap: The A-List's New Leader
(DBN)

Dewey, Proskauer Banging in the Paint as NBA Heads for Lockout
(DBN)

As More Partners Leave, SNR Denton May Require One-Year Notice Period
(DBN)

Partners flee SNR Denton as profits crash
(DBN)

UK: 65 applications for every training contract position
(DBN)

Many Top Law Firms Have an Aversion to Blogs
(DBN)

Firms offer untold riches to junior lawyers
(DBN)

The First Rule of a Summer Clerkship Is Not to Talk About Client and Firm Confidences
(DBN)

In Re The Passing Of A Skadden Associate
(DBN)

The Job Market Isn't So Good in Wisconsin and DC After All, Consultant Says
(DBN)

City Attorney in California Says He’ll Quit Rather than Outsource Legal Work
(DBN)

How to Lose Friends and Alienate People: Lawyer's Closing Enrages Judge, Opposing Counsel
(DBN)

Bitter Pill: Did Purdue Pharma GC Get Due Process in Debarment?
(DBN)

Firm's Managing Partner in hot model action
(DBN)

Desperately Seeking Susan
(DBN)

Hildebrandt Splits from Thomson Reuters to Form New Legal Consultancy
(DBN)

NY BigLaw Firm Names New Presiding Partner
(DBN)

DA Sues Family Law Lawyer over Alleged Affair, Claims Alienation of Affection
(DBN)

Intelligent Delegation
(DBN)

Drinker Bankruptcy Practice Grows With Addition of Maria Dantas as Partner
(DBN)

BofA, Citigroup, JPMorgan, Credit Suisse, TCF in Court News
(DBN)

Attorneys Now Need To Guard Clients' Feelings More Carefully?
(DBN)

Too Hot To Handle Client?
(DBN)

Computing Gear Tough Enough for Lawyers
(DBN)

How Lawyers Can Use LinkedIn to Connect to New Clients
(DBN)

Mercer law grad reported missing, dismembered body found outside her apartment building
(DBN)

Economist Says in Negligence Suit His Divorce Lawyer Didn't Act to Protect His Nobel Prize Money
(DBN)

Fannie Mae-Taylor Bean, BofA, HSBC, Ebix, Birmingham’s Yeung in Court News
(DBN)

Prof: Some May Balk at Their Tone, But ‘Scambloggers’ Put National Spotlight on Problems in Legal Ed
(DBN)

______________

Judges:

High court undoes Scalia's pro-tobacco order
(DBN)

Courthouse named for judge killed in Tucson attack
(DBN)

No Justice push for Thomas recusal
(DBN)

Justice Ginsburg reflects on term, leadership role
(DBN)

______________

Wall Street:

Stocks Little Changed Before US Data
(DBN)

Stock index futures signal mixed open
(DBN)

Goldman Central Bank Connections Deepen
(DBN)

Afraid of Debt? Not Wall Street
(DBN)

______________

Layoffs:

Initial jobless claims remain above 400,000 mark despite small decrease
(DBN)

Fed's Hoenig Says Monetary Policy Can't Solve High Unemployment
(DBN)

Marietta to Lose 1,500 Lockheed Martin Jobs
(DBN)

Layoffs Loom at Goldman
(DBN)

More Boomers Doing Gen Y's Jobs
(DBN)

Federal Jobless Tax for Employers Expires
(DBN)

Americans Now Think A 40-Hour Work Week Is "Part Time"
(DBN)

Due to cuts, women now bear brunt of job losses
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Corporate Reform:

Hoening: Banks Will Game Volcker Rule
(DBN)

Bernanke appoints Bialek Inspector General for CFPB
(DBN)

Clarifying an Elizabethan Drama
(DBN)

Elizabeth Warren Dangles As Democrats Duck Recess Fight
(DBN)

Elizabeth Warren : Baltimore's rock star
(DBN)

New York's AG Takes on the Banks
(DBN)

The 19 Most Hated Companies In America
(DBN)

______________

Fraud:

Mortgage fraud mastermind Lee Farkas sentenced to 30 years
(DBN)

UniCredit Bank Austria Seeks to Dismiss Foreign Investors' Madoff Lawsuit
(DBN)

Free imprisoned executive talent
(DBN)

Former Ropes & Gray Lawyer gets 30 Months for Insider Trading
(DBN)

______________

Telecoms:

Teltronics Inc. files for Chapter 11 bankruptcy
(DBN)

______________

Food/Beverage:

Restaurant Performance Index decreases in May
(DBN)

'Sovereign Citizen' Thrown Out Of Pizza Chain Bankruptcy Hearings
(DBN)

Another hearing, another USA Springs deal
(DBN)

______________

Satellites:

Court set to approve DBSD's $1.4 billion sale to Dish
(DBN)

______________

Newspapers:

Newspapers' deadly pact with Wall Street
(DBN)

______________

Derivatives:

MSHDA v. Lehman: trying to keep the safe harbor safe for swap counterparties
(DBN)

______________

Autos:

Chrysler portrays depth of job losses over recent years on Web site
(DBN)

Delphi salary retirees' benefits slashed
(DBN)

______________

Lehman:

Lehman Sells 1107 Broadway Building for $190.8 Million to Steven Witkoff
(DBN)

Agreement Reached with Key Stakeholders on Lehman Brothers Second Amended Joint Chapter 11 Plan
(DBN)

Lehman says new bankruptcy plan gets wider support
(DBN)

______________

Aviation:

American Air Strains for Lift
(DBN)

______________

Credit Reporting:

Credit Check Company Fined $1.8 Million For Selling Info on High-Risk Consumers To Marketers
(DBN)

______________

Economy:

Market debates Fed's next move as QE2 ends
(DBN)

The Fed's QE2 is Over: Are we better off?
(DBN)

Bullard Says QE2 Shows Fed Has Clout Even With Rates Near Zero
(DBN)

The 6 Tools Left In Bernanke's Toolbox As QE2 Ends
(DBN)

Greenspan: Stimulus Failed
(DBN)

QE2′s Winners and Losers
(DBN)

Geithner Mulls Leaving Treasury
(DBN)

Geithner: I'll Stay for Foreseeable Future
(DBN)

Obama Pushes for a Deficit-Reduction Deal by July 22
(DBN)

A chance to restore fiscal order, or to stiff Americans?
(DBN)

Domenici’s ‘Truth Squad’ Challenges Fellow Republicans on Debt-Cap Debate
(DBN)

Debt Reduction Plan: Billions from Tax Cheats
(DBN)

A Rising Bet on Economic Recovery?
(DBN)

Economy to Grow at 4%? Really?
(DBN)

Kansas City Manufacturing Survey: Manufacturing activity rebounded solidly in June
(DBN)

Poll: 40% See Permanent US Decline
(DBN)

What Does A 'Post-American World' Look Like?
(DBN)

The World Economy Is Rolling Over
(DBN)

Goldman: Treasury Bull Run Over
(DBN)

Buy Bonds or Bye, Bonds?
(DBN)

The CBO's Ticking Bankruptcy Bomb
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Excluding Distressed Sales, Are Home Prices Just Fine?
(DBN)

The 15 Worst Housing Markets For The Next Five Years
(DBN)

Don't be fooled by higher May home sales
(DBN)

Donald Trump Picks Up Patricia Kluge's Virginia Assets - Trump Buys Front Yard
(DBN)

Massachusetts foreclosures fall 65% in May
(DBN)

OCC directs banks to internally assess foreclosure practices by Sept. 30
(DBN)

Banks repossess $304 billion in soured mortgages in 2010
(DBN)

Regulators Say Banks Have 20% Delinquency Rate On $2.6 Trillion Mortgage Portfolio
(DBN)

New Hawaii Foreclosure Law Controversial in Industry
(DBN)

Cuts Cause Counselors To Diversify
(DBN)

Rental prices rise 6.7% as Americans sour on homeownership
(DBN)

Countrywide Bond Investors May Get 9% of Mortgage Losses in 'Game Changer'
(DBN)

Lender proves to be a costly buy for Bank of America
(DBN)

BofA Director: Countrywide Deal 'Worst Deal We Ever Made'
(DBN)

Mortgage exec gets 30 years for $3 billion fraud
(DBN)

Northlight Provides $28.5 Million in Bankruptcy Exit Financing to Specialty Trust
(DBN)

Plymouth County property owner files Ch. 11
(DBN)

EpiCentre creditor battle could take a star turn
(DBN)

Houston: Discovery at Spring Trails owner enters Chapter 11
(DBN)

Rarity-linked firm files bankruptcy
(DBN)

Private mortgage insurers lock down $3.9 billion in new business in May
(DBN)

New York Fed postpones Maiden Lane II sales
(DBN)

_____________

DOMA:

Couple Asks Ninth Circuit to Rule on Gay-Marriage Ban
(DBN)

______________

Banking:

Paulson Urged BofA to Fight Investor Claims
(DBN)

Paulson Sells Big Bank of America Stake
(DBN)

Clearing the Decks at Bank of America
(DBN)

The Fed Bails Out the Banks...Again
(DBN)

Bair expects FDIC fund to turn positive in June
(DBN)

______________

Baseball:

Dodgers' bankruptcy lawyers to put Bud Selig under oath
(DBN)

Dodgers Said to Tell Monitor Not to Interfere With Team's Operations
(DBN)

Dodgers Employees' Paychecks Bounce After Bankruptcy Filing
(DBN)

Dodgers Had to Pay Fee for Financing
(DBN)

Dodgers Bankruptcy Spawns T-Shirt Business
(DBN)

'Frankrupt' T-Shirts Debut, Dodgers' Paychecks Bounce -- This Is the End for Frank McCourt
(DBN)

Financial Lessons From The McCourts
(DBN)

Why is Steve Garvey still employed by Frank McCourt?
(DBN)

Vicente Padilla Gets 'CLIP'ped in Dodgers Bankruptcy
(DBN)

Difference Between McCourt Or Selig Selling Dodgers: $200 Million
(DBN)

Major League Baseball did not expect McCourt to file for bankruptcy
(DBN)

Los Angeles Dodgers stiff-arming MLB's attempt to oversee baseball operations
(DBN)

The Problem of the Price of Beer at Dodger Stadium
(DBN)

Bankruptcy judge sets 10 hearing dates in Dodgers case through January
(DBN)

Take the Dodgers and leave McCourt parking lots
(DBN)

______________

Health Care:

Bamberg hospital to file for Chapter 9 bankruptcy
(DBN)

Older Workers Could Face Cost Disparities in Health Law Glitch
(DBN)

______________

Credit/Debit Cards:

Citi Sued Over Man's Death In Relation To $12000 Credit Card Bill
(DBN)

______________

Finance:

Responsible Lending as an Emerging International Norm
(DBN)

______________

Art:

Behind Hedge Fund Billionaire John Paulson's Bailout of the Debt-Stricken Berry-Hill Gallery
(DBN)

______________

Paint:

Paint Distributor Merit Group Wins Court Approval For Auction
(DBN)

______________

IP:

Tech consortium gets Nortel patents for $4.5B
(DBN)

Patent Paranoia Hitting New Highs
(DBN)

______________

Retailing:

Borders Enters into Preliminary $215M Sale Agreement with Direct Brands
(DBN)

Amazon Drops 10,000 California Affiliates Amid Sales Tax Requirement
(DBN)

______________

Fasteners:

Praised by President Obama during visit to company, Cardinal Fastener files for bankruptcy protection
(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)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

Personal bankruptcies decline sharply in Massachusetts
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

Owens Corning: To Sub Con or Not to Sub Con?
(DBN)

11 Corporate Titans Failed, but Profited Big
(DBN)

Rochelle on Anna and LA Dodgers Bankruptcy Cases
(DBN)

______________

Avoidance Actions:

A “Settlement Payment” Is a Settlement Payment, Don’t Settle for Less!
(DBN)

______________

Religion:

Archdiocese cemetery trust sues to protect funds in bankruptcy case
(DBN)

Financially troubled Delmarva Rural Ministries files for bankruptcy liquidation
(DBN)

______________

Municipalities:

Alabama Governor Robert Bentley pledges to help Jefferson County avoid bankruptcy
(DBN)

Jefferson County chief judge seeks private donations to help pay jurors
(DBN)

Some in Harrisburg chafe under Pa. senate threat
(DBN)

Lawmakers pass bill to restrict bankruptcy filing by Harrisburg
(DBN)

Judge confirms Vallejo's decision on retiree benefits
(DBN)

Minnesota Government Shuts Down
(DBN)

Cities Line Up to Contest Census
(DBN)

Judges Uphold Cost of Living Cuts to Pensions
(DBN)

Atlanta's Huge Pension Overhaul Is Major Win For Public Pension Reform
(DBN)

Connecticut Legislature Exacts Revenge On Unions
(DBN)

The Entire State Of Texas Has Been Declared A Natural Disaster
(DBN)

______________

Resorts:

Barnes Bay, Viceroy Anguilla Owner, Told to Revise its Plan for Turnaround
(DBN)

______________

Celebs:

Soap opera star files for bankruptcy protection in Nevada
(DBN)

Maguire: No wrongdoing in Hollywood poker matches
(DBN)

13 Lottery Winners Who Lost It All
(DBN)

______________

Auto Racing:

Deadline passes with one bid on bankrupt New Jersey Motorsports Park
(DBN)

______________

Hotels:

Paulson gets more time for bankrupt hotel payoffs
(DBN)

RadLax’s Time to Shine
(DBN)

Hotels: Occupancy Rate increased 2.8 percent compared to same week in 2010
(DBN)

______________

Defaults:

S&P: Global Corporate Defaults Rise To 18; Below Last Year
(DBN)

_____________

Education:

TiZA bankruptcy follows court defeat
(DBN)

______________

IMF:

Strauss-Kahn Case Seen as in Jeopardy
(DBN)

Twist in Strauss-Kahn Sexual-Assault Case
(DBN)

Dominique Strauss-Kahn: What this case says about American Europhobia
(DBN)

Strauss-Kahn case twist turns prospects upside-down
(DBN)

Dominique Strauss-Kahn Will Be The Next President Of France
(DBN)

______________

UK:

U.K. June manufacturing PMI falls to 21-month low
(DBN)

Appointment of Administrators - 30 June 2011
(DBN)

______________

EU:

Europe didn't dodge judgment day
(DBN)

______________

Canada:

Court creates potential new hurdle for insolvent companies that sponsor employee pension plans and seek new financing
(DBN)

Nortel Obtains Further Extension of Stay Period Under CCAA
(DBN)

______________

PIIGS:

German financials to chip in 3.2 bln euros for Greece
(DBN)

As Greece passes measures to avoid default, Europe works with banks on deal
(DBN)

Stocks, euro rally on Greece austerity vote
(DBN)

Greek Game of Heads We Win, Tails You Lose
(DBN)

French banks agree to Greek debt rollover
(DBN)

German Banks Agree to Roll Greek Debt
(DBN - NY Times - Paywall Limit Possible)

Greek Parliament Fast-Tracks Second Austerity Bill
(DBN)

Greece and its creditors: A bank bail-out by another name?
(DBN)

Greek riots: ritual outlet for frustrated nation
(DBN)

Italy Approves an Austerity Package
(DBN - NY Times - Paywall Limit Possible)

IE: Banking Review To Focus On Pay And Credit Limits
(DBN)

______________

Japan:

The troubles of TEPCO
(DBN)

Investors seek to liquidate Takefuji
(DBN)

Japan's business confidence tumbles after disaster
(DBN)

Design Flaw Fueled Nuclear Disaster
(DBN)

______________

Denmark:

Pressure mounts on Danish banks after second failure
(DBN)

Denmark's FSA Says Biggest Banks Not at Risk After Bail-Ins
(DBN)

The Danish Lesson
(DBN)

Administrators clear larger Amagerbanken payout
(DBN)

______________

Hong Kong:

Hong Kong's Grande Holdings Files For Chapter 15 Bankruptcy
(DBN)

______________

MENA:

A Glimpse Inside Libya's Finances
(DBN)

Opec Meeting Reveals Further Degeneration Of The MENA Region
(DBN)

______________

Mexico:

Vitro Appeals Ruling That Shows 'Mistrust' Of Mexican Courts
(DBN)

______________

 

 

 

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Copyright 2011