July 26, 2011

The Daily Bankruptcy News

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Law:

A U.S. Default? Bankruptcy Experts Say No
(DBN)

Nelson v. Jones Day: Case Dismissed
(DBN)

Lawsuit of the Day: Youngblood v. Irell & Manella Former partner alleges harassment by Morgan Chu.
(DBN)

Freshfields hit with £142m London Underground negligence claim
(DBN)

1st Circuit weighs whether suit against original defendants' lawyers, auditors is enforcement action
(DBN)

Couple Sues Duane Morris, Claims Estate Plan Partner Pointed Them Toward Investing With Madoff
(DBN)

NY BigLaw Firm Hikes Pay for London Associates
(DBN)

Firm Axes 31 as Profits Per Partner Plunge
(DBN)

A Billable Life
(DBN)

A.G. Defends Rule Prohibiting Non-Lawyer Interest
(DBN)

Getting Your Name Out There
(DBN)

Facebook, JPMorgan, Citigroup, UBS, Lehman in Court News
(DBN)

Cover Letters from Hell
(DBN)

Do Grades Degrade in Importance?
(DBN)

Law Schools: Unfortunate Comment Award
(DBN)

Law School State of Mind‏
(DBN)

Law Professors Find a Hard Road to Federal Appointments
(DBN)

Great Lawyers: "A First-Rate Madness" by Nassir Ghaemi explains them
(DBN)

Did Fake Military Hero Rick Strandlof Go On to Pose as a Major Firm Oil and Gas Attorney?
(DBN)

GOP Presidential Hopefuls Compete for Backing of Right-Wing Legal Elite
(DBN)

Iowa Considers Secrecy Proposal for Lawyer Misconduct
(DBN)

Black Student Can't Be Valedictorian
(DBN)

Should You Include Reasons in Your Motion to Dismiss?
(DBN)

Cop Catches Baby Thrown At Him By Kidnapping Suspect
(DBN)

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Judges:

Diversity Comes to Judiciary
(DBN)

Ginsburg offers 'greatest hits' summary of past term
(DBN)

A priceless win at the Supreme Court? No, it has a price.
(DBN)

5th Circuit not pleased with brief's “technical and grammatical errors”
(DBN)

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Wall Street:

Stock index futures signal higher open
(DBN)

When Will Markets React to Debt Ceiling Impasse?
(DBN)

Stocks Sag on Debt Deadlock
(DBN)

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Layoffs:

RIM to Cut 2,000 Jobs as BlackBerry Loses Market Share to IPhone
(DBN)

20% of American Men Don't Work: No Outrage?
(DBN)

On Jobs, the U.S. Is Turning Into Europe
(DBN - NY Times - Paywall Limit Possible)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

U.S. Rating Cut May Force Unloading of Student-Loan Debt, Citigroup Says
(DBN)

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Retailing:

Books-A-Million Says It Won’t Buy 30 Locations From Bankrupt Borders
(DBN)

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Fraud:

Ezri Namvar Is the New Bernie Madoff and the Most Reviled Man in L.A.
(DBN)

Lawyer Limelight: Perrie Weiner
(DBN)

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Autos:

Chrysler, union aim for deal without arbitration
(DBN)

Chrysler-UAW talks start wrapped in the American flag… But why?
(DBN)

UAW President Says Labor Costs to Stay Similar at GM, Ford and Chrysler
(DBN)

Shafted Delphi Retirees Suing Treasury, Auto Task Force
(DBN)

No bankruptcy for Saab
(DBN)

Saab Auto Creditors Seek Collection, Swedish Agency Says
(DBN)

GM Clashed with Kremlin Over Opel
(DBN)

Russian Industrialist Buys Norwegian Electric Carmaker Think
(DBN)

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Orchestras:

Judge strikes compromise in orchestra bankruptcy
(DBN)

Judge orders limited disclosure in orchestra case
(DBN)

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Religion:

The Diocese of Orange offers $50 million in cash for Crystal Cathedral Ministries
(DBN)

Fix the Economy GOD’$ WAY: Dave Ramsey’s Great Christian Recovery
(DBN)

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Corporate Governance:

D.C. Circuit Vacates Proxy Access Rules, Blasts the SEC
(DBN)

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Media:

Rupert Murdoch in Complete Denial
(DBN)

James Murdoch is Doomed
(DBN)

Who is paying News Corp's legal bills?
(DBN)

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Consultants:

Kinetic Partners Hires Seery for Corporate Recovery, Restructuring Advisory
(DBN)

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Economy:

Bonds dip as debt ceiling worries mount
(DBN)

House, Senate leaders unveil dueling debt-limit plans
(DBN)

Boehner plan would raise debt ceiling in two stages
(DBN)

Republican Leaders Voted for U.S. Debt Drivers
(DBN)

Boehner Plan Could Force a Replay of Debate at End of Year
(DBN)

Suddenly John Paulson's Hedge Fund Is One Of John Boehner's Biggest Donors
(DBN)

John Boehner's debt ceiling plan pushes even deeper spending cuts
(DBN)

Democrats cool to John Boehner's debt plan
(DBN)

Obama says debt deal must include revenues
(DBN)

Obama uses speech to try and break debt logjam
(DBN)

The Speech Obama Should Have Given
(DBN)

White House on Debt Talks: Prepare for a Rough Ride
(DBN)

Obama Cancels Fund-Raisers During Debt Talks
(DBN)

The Five Biggest Flip-Flops of the Debt Ceiling Debate
(DBN)

How we got into this fine mess
(DBN)

Economists React: Fragile Recovery Can’t Afford ‘Policy Mistake’
(DBN)

Senate and House Still Far Apart on Debt in 2 New Plans
(DBN)

Silvia: Default by US Can be Put Off Until Sept.
(DBN)

With default threat looming, Treasury asks investors to buy $99 billion in new bonds
(DBN)

Abraham Lincoln on the Debt Ceiling Crisis
(DBN - NY Times - Paywall Limit Possible)

How Reagan Would Have Handled Debt
(DBN)

A Reading List for Following the Debt Ceiling Drama
(DBN)

The Two-Speed Recovery: Consumers Left Behind
(DBN)

IMF to US: Get Your House in Order Now
(DBN)

S&P Favors Reid Plan, Boehner Plan May Result In Losing AAA Status
(DBN)

Top Ten Investments If US Defaults
(DBN)

The Chicago Fed : Growth Again Below Average in June
(DBN)

America Now Can Only Defer Debt Crisis
(DBN)

Recession worsens racial wealth gap
(DBN)

Wheel of Misfortune: Reality TV Is Now All About Pawn Shops and Foreclosed Flips
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Good News on Mortgage Modifications
(DBN)

Bank Releases in Any Foreclosure Deal Opposed by Massachusetts Official
(DBN)

Massachusetts Attorney General Signals Likelihood of Nixing “50 State” Mortgage Settlement
(DBN)

Study: Three More Years Until Home Building Returns to Trend
(DBN)

Be careful with the Housing Vacancies and Homeownership report
(DBN)

Lack of financing may derail growing housing investments
(DBN)

US marshalls unable to locate Mastros
(DBN)

Denver area vacancies hit a 10-year low
(DBN)

Florida enjoys mini-sales boom on condos in June
(DBN)

Mass. to probe mortgage registry
(DBN)

Monarch Mortgage president files for Chapter 11
(DBN)

Legal fight brewing between city and Banning Lewis Ranch bidder
(DBN)

New Leadership for Meruelo Maddux
(DBN)

Unpaid balance on CMBS delinquencies falls to $1.5 billion
(DBN)

NBER charges ratings agencies with playing favorites
(DBN)

In America's Richest Small Towns: Big Sales Stall
(DBN)

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Tax:

IRS Removes Two-Year Limit for Filing Innocent Spouse Claims
(DBN)

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Corporate Reform:

The most misunderstood woman in Washington
(DBN)

The One and Only Elizabeth Warren
(DBN)

Moody's Sees Benefits for Banks From Consumer Bureau
(DBN - NY Times - Paywall Limit Possible)

Regulators Face Off in a Washington Softball League
(DBN - NY Times - Paywall Limit Possible)

CFPB monitor
(DBN)

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Resorts:

Yellowstone Club bankruptcy back to judge as founder of posh resort seeks to unravel 2009 sale
(DBN)

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Municipalities:

Jeffco to decide on $3B bankruptcy Thursday
(DBN)

It might be time for Jefferson County to file bankruptcy
(DBN)

Debt-Laden Alabama County Mulling Bankruptcy Filing-Official
(DBN)

Central Falls Paves the Way for Pension Reform
(DBN)

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Education:

TiZA school's future falls to bankruptcy court
(DBN)

______________

Hollywood:

Two New Lawsuits Filed As David Bergstein Film Finance Mess Heats Up
(DBN)

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New Bankruptcy Opinions
(4 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:

Bankruptcies ease in WI
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Jurisdiction:

Stern v. Marshall: Narrow Holding, Broader Implications!
(DBN)

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Miscellaneous:

Rochelle on L.A. Dodgers Bankruptcy, 5th Circuit Split
(DBN)

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Baseball:

Dodgers Forced to Terminate Deal with Highbridge
(DBN)

Apparently No One at Highbridge Capital Played Baseball in Bud Selig's Backyard
(DBN)

______________

Sales:

W.R. Grace Can Bid in Secret Auction, U.S. Bankruptcy Judge Rules
(DBN)

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Health Care:

Peninsula Hospital begins bankruptcy proceedings leaving only one hospital in Rockaways
(DBN)

Far Rockaway's Peninsula Hospital Faces Closure
(DBN)

Rockaway hospital flatlining
(DBN)

Kentuckiana Medical Center reverses course on opening ER
(DBN)

Flashback: Kentuckiana Medical Center proposes ER as deliverance from debt
(DBN)

______________

Aviation:

Airlines balk at passing 'tax holiday' on to fliers
(DBN)

______________

Hotels:

Lenders foreclose on Ritz-Carlton at Northstar-at-Tahoe
(DBN)

Distress can be a mess, or a success
(DBN)

______________

Celebs:

R. Kelly Billed for $837K in Back Taxes
(DBN)

______________

Food/Beverage:

Ratings Agencies Say Real Mex Is At Risk Of Default, Bankruptcy
(DBN)

______________

Mass Torts:

Bondex, Rust-Oleum Maker Unit in Bankruptcy , Is Denied Asbestos Claim Data
(DBN)

BP Oil-Spill Victims Accuse Claims Fund of ‘Coercive Tactics’ in Payouts
(DBN)

______________

Banking:

Banks' second-quarter earnings show some loan growth
(DBN)

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UK:

Blow for Osborne as economy grows by just 0.2 per cent
(DBN)

Number of travel companies on 'critical list' rises 31%
(DBN)

More UK Retail Failures In Store After Q2 Rise
(DBN)

Appointment of Administrators - 25 July 2011
(DBN)

Winding Up Petitions - 25 July 2011
(DBN)

Businesses toughen up on late payers
(DBN)

______________

EU:

Commission cracks down on cross-border debt
(DBN)

Europe bank rules bring clarity on hybrids, disappoint some
(DBN)

______________

Canada:

Ancillary Recognition Orders – To “Probe” the Legitimate Expectations of Creditors
(DBN)

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PIIGS:

Geithner urges Greek finmin to continue reform
(DBN)

Propping Up Banks, as Well as Greece
(DBN)

Moody's: Greek Default is Almost 100%
(DBN)

Understanding The Greek Predicament
(DBN)

Greek debt swap process to start in August: deputy finmin
(DBN)

IE: Regulator backs bankruptcy reform
(DBN)

IE: US billionaire Wilbur Ross buys into BoI in new deal
(DBN)

Validity of Superquinn examiner bid faces court test
(DBN)

Suppliers support Superquinn deal
(DBN)

Bank Of Ireland To Avoid State Control
(DBN)

______________

MENA:

The Hunt for Arab Dictator's Money
(DBN)

______________

China:

Chinese Banks Are Worse Off Than You Think
(DBN)

Chinese Villagers Overturn Police Vehicle, Tie Up Police And Try To Set Them On Fire
(DBN)

______________

India:

Indebted couples bid to sell their kidneys
(DBN)

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Copyright 2011