June 1, 2011

The Daily Bankruptcy News

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Law:

The Am Law 200 2011
(DBN)

Weil Gotshal builds up London banking practice with Linklaters hire
(DBN)

Ogilvy Jumps Gun on Merger With Norton Rose, Erases Name on Law Firm’s Doors
(DBN)

Freshfields usurps Linklaters in FTSE100 client rankings
(DBN)

Family Friendly?
(DBN)

It's Still Who You Know, Even for Unpaid Internships
(DBN)

Tom Puccio's Time Sheet Problem
(DBN)

The hardship of pro bono clients, Steven Simkin edition
(DBN)

Analysis of Simkin v. Blank
(DBN)

Former Partner Faces Police Scrutiny Over Fraud Allegations
(DBN)

Why E-Billing Invoices Are Rejected
(DBN)

Lawyer, client charged in Calif. home break-in
(DBN)

How to Practice Law From Tahiti ... or Other Remote Locations
(DBN)

Catch Me if You Can: Guarding Firm Data From Insider Trading
(DBN)

Another Victim Settles With Zombie NY Firm Run Into the Ground by Thieving Boss
(DBN)

A Compendium of Apps for Lawyers and Law Students
(DBN)

Is Prestige a Turn-On?
(DBN)

Galleon, Deutsche Telekom, British American Tobacco, Massey in Court News
(DBN)

Class Action Filed Against Thomas Jefferson School of Law
(DBN)

Even Harvard and Yale Couldn't Pull Off Flawless Law School Commencements This Year
(DBN)

Ohio pair serve time in pool for rafting offense
(DBN)

NASCAR Driver Kyle Busch Cited For Going 128 MPH on 45 MPH Street
(DBN)

Man Blabbing Loudly on Phone that He's Wanted by Cops, is Arrested
(DBN)

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Judges:

Judge Faces Legal Ethics Case, Accused of Fixing Parking Tickets for Friends, Church Members
(DBN)

Seven bankruptcy judge candidates named
(DBN)

As More Than 300 Staffers Clear Out Their Desks, What Happens Now in NY Courts?
(DBN)

Defendant Judge Loses Motion to Remove DA from Fraud Case re Adoption of Twins
(DBN)

Alito Owned Stock, Voted in Case Involving Disney's ABC
(DBN)

______________

Wall Street:

US stock index futures signal higher open
(DBN)

US Stocks Advance Amid Speculation About Bailout for Greece
(DBN)

Stocks End Month With a Win
(DBN)

The stocks-housing disconnect
(DBN)

Goldman awes then shocks Libya
(DBN)

How Goldman Sachs Made Libya's $1 Billion Disappear
(DBN)

How One Typo May Have Just Cost Goldman Sachs $45 Million
(DBN)

______________

Layoffs:

Drop in Jobless Rate Partly Tied to End of Benefits
(DBN)

California small firms add jobs in May
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Hotels:

Parker Inn Chapter 11 filing offers details on financial situation
(DBN)

______________

Orchestras:

Louisville Orchestra files plan to get out of bankruptcy
(DBN)

Orchestra musicians to be unemployed at midnight
(DBN)

______________

Celebs:

Former New York Mets/Philadelphia Phillies baseball star Lenny Dykstra arraigned on federal charges
(DBN)

Nelly Denies Claims of Drug Use and Home Foreclosure
(DBN)

Courtney Love Sued Again for Defamation, This Time Against Lawyers
(DBN)

Kevin Bacon: Losing money in Madoff scheme was emotional
(DBN)

Feds, John Edwards Reportedly at Impasse in Talks re Possible Plea
(DBN)

The Latest Celebrity Foreclosures
(DBN)

______________

Autos:

Boehner meets with Ford CEO amid political wrangling on autos
(DBN)

Why is Obama bragging about the auto bailouts?
(DBN)

A rescue worth fueling
(DBN)

Obama Deserves a Victory Lap for Automaker Rescue
(DBN)

Chrysler Vanishes From Europe
(DBN)

GM Admits that Dealerships are Taking Chevy Volt Tax Credits
(DBN)

Will Auto Loans Provide Subprime An Avenue Back To Prominence?
(DBN)

Toyota output to return to 90% of normal
(DBN)

Honda to Add 1,000 Jobs at Indiana Plant
(DBN)

______________

Corporate Reform:

GOP Snarls As Bureau Cozies Up To CUs
(DBN)

Elizabeth Warren Should Bow Out to Spur Change
(DBN)

Why it makes no sense for Warren to leave
(DBN)

Bloomberg View: All-Cliche Edition
(DBN)

TNR Called Elizabeth Warren Supporters a Cult, And They Responded—Like a Cult
(DBN)

McConnell: Warren's nomination to CFPB a 'serious threat to our financial system'
(DBN)

How To Guard Against Another Financial Crisis Around The Corner?
(DBN)

S.E.C. Case Stands Out Because It Stands Alone
(DBN)

______________

Lehman:

Wall Street keeps feasting on Lehman's carcass
(DBN)

Lehman unveils plan to settle derivatives claims
(DBN)

Lehman Brothers puts derivatives claims figure at $10 bln
(DBN)

Lehman Asks Judge to Order Goldman to Speed Turn-Over of E-Mails in Probe
(DBN)

Proposal to Implement Claims-Related Disclosure Procedures in Lehman Brothers
(DBN)

______________

Tax:

IRS agent gets three years prison for filing false returns
(DBN
)

Who Should Opt Out of the Offshore Voluntary Disclosure Program and Why
(DBN)

______________

Banking:

Bank resolution regimes - comparative analysis
(DBN)

Hedge funds sell faltering US banks
(DBN)

______________

Glass:

Vitro America CEO Comments on Auction
(DBN)

______________

Economy:

US home prices fall again, May confidence dips
(DBN)

Chicago manufacturing gauge nosedives
(DBN)

Economists predict no immediate end to government debt purchases
(DBN)

Food prices could double within 20 years
(DBN)

Congress Mulls Cuts to Food Stamps Program Amid Record Number of Recipients
(DBN)

Is the U.S. Economy Worse Off than Europe's?
(DBN)

The truth about the American economy
(DBN)

Evidence Grows That Small Businesses Are Making A Comeback
(DBN)

How Long Will the Bailouts Continue?
(DBN)

House to Reject Debt Limit Increase Without Cuts
(DBN)

House GOP lawmakers to meet Obama on borrowing
(DBN)

Millionaires Control 39% of the World's Wealth
(DBN)

5 economic bright spots (and why they're really dim)
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Case-Shiller home-price index hits new low
(DBN)

Mortgage originations down 35% in first quarter
(DBN)

Why 64 Percent Is the Golden Mean in the Housing Market
(DBN)

Home Rental Outpaces Homeownership In 500+ Cities
(DBN)

How housing could rebound - in 2025
(DBN)

Why it won't get better
(DBN)

Cities that weathered housing bust now suffering
(DBN)

Bottom May Be Near for Slide in Housing
(DBN)

Home-price index falls to lowest point since 2002
(DBN)

Metro Denver home prices rewind to 2001 levels
(DBN)

Tumble in Housing Prices Was Even Worse Than Expected
(DBN)

House Prices Fall to New Post-Bubble Low as More Rent
(DBN)

What Does the Housing Double Dip Mean for Banks?
(DBN)

Real House Prices and Price-to-Rent: Back to 1999
(DBN)

Miami Renters Fuel a Boomlet
(DBN)

Why New York City Home Prices Are Headed For Collapse
(DBN)

Changes in Nevada law affect loan servicing and foreclosure
(DBN)

Federal Judge Blocks Oregon Foreclosure Due to MERS-Related Problems
(DBN)

The Battle Over MERS
(DBN)

Prescient mortgage conspiracy theorizing
(DBN)

The Hangover Continues: $20 Billion-Plus Robosigning Settlement?
(DBN)

Freddie Mac offers mortgage relief to Midwest storm victims
(DBN)

BofA, Saxon settles faulty military foreclosures for $22 million
(DBN)

Apartment industry develops strategy as demand for rentals grow
(DBN)

Shrunken Lauth emerges from reorganization
(DBN)

Industrial Leasing Looks for Rebound
(DBN)

_____________

Oil/Gas:

Saudi Prince Doesn't Want the US to Find Alternatives to Oil
(DBN)

______________

Municipalities:

Focusing on Unsustainable Debt
(DBN)

Cash-strapped California cities followed state's foolish lead
(DBN)

Property Taxes at Breaking Point
(DBN)

Calif. Dept. Facing Insolvency Weighs Fee Hike
(DBN)

______________

Bankruptcy Crimes:

Man gets six months for lying in bankruptcy hearing
(DBN)

______________

Hockey:

Stars sale moving forward, possible bid by end of week
(DBN)

______________

Retailing:

Citing ‘alarming’ losses, Borders Group creditors want to file their own bankruptcy plan
(DBN)

Borders Responds to Creditors' Committee Objection, Says Terminating Exclusivity Now Could "Disturb the Sale Process and Scare Away" Bidders
(DBN)

Barnes & Noble Takeover Seen 41% Above Malone's $1 Billion Offer
(DBN)

______________

Aviation:

Gulfstream Asks Bankruptcy Court for $ to Defend Executives
(DBN)

Plane returns, fighter jets scrambled, after fight over reclined seat
(DBN)

______________

Fraud:

Supreme Court Turns Down Conrad Black’s Follow-Up Appeal
(DBN)

Goffer Trial Prosecutors Rest as Kimelman Distances Himself From Trades
(DBN)

Raj Rajaratnam, the Mosaic Approach, and Expert Networks
(DBN)

Madoff Trustee's UniCredit Lawsuit to Be Reviewed by Judge
(DBN)

Did the NYT hack Fabrice Tourre’ s email?
(DBN)

Judge orders bond, tether for man accused in Ponzi scheme
(DBN)

Another Insider Trading Trial Is Set to Begin
(DBN - NY Times - Paywall Limit Possible)

SEC Employee Misled Fellow Ponzi Investors: Report
(DBN)

SEC To Report On Becker Work On Madoff Case By October
(DBN)

Scott Rothstein's Head Computer Nerd Turns Himself In
(DBN)

The Six Stages of Scandal
(DBN)

______________

Telecoms:

WHO: Radiation From Cell Phones Can Cause Cancer... In same category as lead, engine exhaust, chloroform
(DBN)

______________

Golf:

Wareham's Bay Pointe Country Club on auction block
(DBN)

______________

Food/Beverage:

Superfresh To Shut Down Unsold Stores
(DBN)

U.S. wine sales rebound
(DBN)

______________

Hollywood:

David Bergstein Testifies in Court for First Time Amid Long-Running Legal Woes
(DBN)

Bergstein Dodges Questions About Tutor's Involvement in Bankrupt Companies
(DBN)

______________

Environmental:

Bankruptcy court rules CERCLA claims fall outside estate
(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)

______________

Derivatives:

Fed Study Finds Swaps Hasten Corporate Failure
(DBN)

______________

Bankruptcy Reform:

Feds look to give trustees more power
(DBN)

Fighting Fraud in Bankruptcy Act of 2011
(DBN)

______________

Insurance:

BofA, UBS Ask New York's Highest Court to Reinstate MBIA Fraud Lawsuit
(DBN)

Judges Have Lots of Questions For Lawyers in MBIA Argument
(DBN)

______________

Plan Confirmation:

Individual Chapter 11’s and “Absolute Priority”
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Video Rentals:

NCR Sues Blockbuster Trust Over Right to Use Name on Movie-Rental Kiosks
(DBN)

______________

Compensation:

A toothless approach to reining in excessive exec pay
(DBN)

______________

Student Debt:

Loophole Lets Lenders Use College Logos to Pitch Student Loans
(DBN)

The Next Bubble Is About to Burst: College Grads Face Dwindling Jobs and Mounting Loans
(DBN)

Republicans to boycott Harkin hearing on for-profit colleges
(DBN)

______________

Consumer Finance:

Ally Financial bets on risky subprime car loans
(DBN)

______________

IMF:

Spain would vote for Carstens with IMF Latam bloc
(DBN)

______________

UK:

U.K. Mortgage Approvals Drop to Lowest Level in Four Months on Confidence
(DBN)

U.K. builders, banks in talks on mortgages
(DBN)

Manufacturing PMI at 20-mth low
(DBN)

Pre-pack rules could mean insolvencies rise - R3
(DBN)

Are UK Banks Healthy or Not?
(DBN)

When to start talking to insolvency practitioners
(DBN)

New insolvency regulation will cost business
(DBN)

Double dip for construction sector as insolvencies jump 19%
(DBN)

Fears over 31,000 elderly as care firm faces failure
(DBN)

______________

EU:

ECB's Wellink says clear recovery losing steam
(DBN)

Europe locked in 'chaotic' debate over Greece
(DBN)

______________

Canada:

Yum! Restaurants’ Largest Canadian Franchisee Files For CCAA Protection
(DBN)

______________

PIIGS:

Berlin Weighs Shift on Greek Debt
(DBN)

German report casts doubt on IMF payout for Greece
(DBN)

New Rescue Package for Greece Takes Shape
(DBN)

Greece to complete bailout talks by Thurs
(DBN)

Greece is Still Going to Default
(DBN)

UBS: Greek Default Almost Unavoidable
(DBN)

Rehn Sees Greek Solution in Bond Rollovers
(DBN)

Weary Greeks fear the never-ending bailouts
(DBN)

Uncertainty hangs over Portuguese election outcome, possibly hurting bailout
(DBN)

Greek Loans May Cost Less Than Restructuring
(DBN)

IE: Company liquidations jump 50% in May
(DBN)

IE: Corporate insolvencies down 25% in May
(DBN)

IE: Burning bank bondholders offers a chance of survival
(DBN)

IE: Receivers in control of 15 companies in Elliott group
(DBN)

Spain Cuts Budget Deficit in Half
(DBN)

Spaniards’ Anger at Bankers Spills Over as Protests Spread to City Centers
(DBN)

______________

Japan:

Kamikaze pensioners: Elderly Japanese volunteer to tackle Fukushima
(DBN)

`Good Chance' RBA Will Hike Rates in June
(DBN)

______________

Australia:

ASIC questioned over handling of liquidation industry
(DBN)

BHP Wins $580 Million Dispute With Australia Tax Office Over Writeoffs
(DBN)

Treasury to strengthen ASIC powers: report
(DBN)

______________

China:

Chinese manufacturing growth falters
(DBN)

China may reportedly bail out local governments
(DBN)

______________

Ivory Coast:

Ivory Coast to Miss June 30 Eurobond Payment
(DBN)

______________

Switzerland:

U.S. wealthy exit Swiss bank accounts
(DBN)

______________

Czech Republic:

Czech PMI Falls to Lowest in 15 Months as Pace of Orders Slows
(DBN)

______________

Asia:

Asia's factories feel the chill as U.S ., Europe cool
(DBN)

______________

MENA:

Egypt defends forced v-------- tests
(DBN)

______________

Mexico:

Mexican Satellite Company Satmex Emerges From Chapter 11
(DBN)

______________

 

 

 

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Copyright 2011