June 14, 2011

The Daily Bankruptcy News

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Law:

2012 Vault Law 100
(DBN)

The 2012 Vault Rankings: Proof Of Short Memories
(DBN)

Weil Trumpets ‘Trifecta’ in Vault 2012 Rankings, But Wachtell, Cravath and S&C are 1-2-3 in Prestige
(DBN)

Eversheds posts flat revenues alongside 7% PEP growth for 2010-11
(DBN)

DLA Piper posts 1 per cent rise for global revenue
(DBN)

Weil Stuns Clifford Chance With Raid on London HQ; ‘Most Damaging Team Hire Ever’ By US Firm?
(DBN)

UK firm Freezes Pay Rates for Associates
(DBN)

Report: Denver Firm to Fold at End of the Month
(DBN)

Litigation-Finance Contract Reveals How Investors Back Lawsuits
(DBN)

Judge OKs $5M Jury Award on Arbitration Advice; with Interest, It Could Top $10M
(DBN)

Suspended LA Lawyer Gets 32 Months, Must Repay $41M, in Quellos Tax-Shelter Scheme
(DBN)

Small Firms: You Know What Kind of Law You Want to Practice. Now What?
(DBN)

Student Debt: The Bad Thing I Forgot To Mention
(DBN)

The ABA To Work With NALP On Law School Transparency
(DBN)

Saul Ewing Is Planting Flag in Boston by Acquiring 7-Lawyer Real Estate Boutique
(DBN)

Famed Litigator, the "Master of Disaster," Faces Disbarment
(DBN)

All Rise! Reema Bajaj’s Bajayjay Is Now In Session
(DBN)

Damned If I Do . . .
(DBN)

Bringing Home the Bacon Can Improve Your Marriage
(DBN)

Flaster Greenberg Adds Giacometti to Bankruptcy Practice
(DBN)

Weil Achieves ‘Vault Trifecta’ in 2012 Law Firm Rankings
(DBN)

Law Firms in Trademark Battle over ‘Employment Law Group’ Name
(DBN)

Criminal Defense Lawyer Whose Tip Led to OSU Football Coach’s Resignation Faces Related Ethics Case
(DBN)

Villanova's unseemly silence over law-school scandal
(DBN)

Egypt Accuses Emory Law Student of Spying
(DBN)

Law Student of the Day: Ilan Grapel, Accused of Spying for Israel
(DBN)

"Here's a pile of crap. I can't be bothered. You deal with it"
(DBN)

Eight Billable Hour Scams
(DBN)

Budget Conscious Witness Preparation
(DBN)

Open Source Could Change the Future of E-Discovery
(DBN)

Does Your Law Firm Have an E-Discovery Practice?
(DBN)

How the iPad Can Increase Lawyers' Productivity
(DBN)

Successful litigators and their strategies
(DBN)

Disbarred NY Associate Escapes Paying Civil Damages for Insider Trading
(DBN)

Grateful Client Names Boats for Attorneys
(DBN)

Lawyer Alice Lee, 99, still hard at work
(DBN)

Lawyer Threatens Suit After NY Bars Burial of Human Ashes in Pet Cemeteries
(DBN)

Obama's lawyers: where are they now?
(DBN)

The Perils of Practicing Family Law
(DBN)

Seeking Calm Site, Attorney Puts Mediation Law Office Aboard His 57-Foot Yacht
(DBN)

Goffer, Janus Capital, Barclays, Wal-Mart, EBay, Abbott in Court News
(DBN)

Goldman, Toyota, Madoff, Taylor Bean, Sabre in Court News
(DBN)

More Stupid Laws
(DBN)

Juror and defendant guilty after Facebook chat
(DBN)

______________

Judges:

Fed bankruptcy court may lose Will County courtroom space
(DBN)

Judge convicted in corruption probe in Cleveland
(DBN)

Judge Criticizes Lawyer for Offering a ‘Greatest Hits’ List of Defenses
(DBN)

Judge Sanctioned For Taking Too Long To Decide
(DBN)

Gay Judge’s Conflict Makes California Marriage Ruling Invalid, Group Says
(DBN)

Too Gay To Judge?
(DBN)

Court dogs provide calm for traumatized witnesses
(DBN)

Clarence Thomas takes hard line on defendants
(DBN)

Supreme Court deadlocks in peculiar case about US citizenship
(DBN)

Justices Turning More Frequently to Dictionary, and Not Just for Big Words
(DBN)

______________

Wall Street:

Stock Futures Rally
(DBN)

US stock index futures signal early bounce
(DBN)

Stocks Finish Mixed in Choppy Trade
(DBN)

Obama Wants to Win Back Wall St. Cash
(DBN)

______________

Layoffs:

Business confidence doesn't extend to hiring
(DBN)

Obama Meets With Jobs Council
(DBN)

The Sobering US Jobs Deficit
(DBN)

Hiring going in 'right direction': Manpower
(DBN)

No Light Ahead for US Job Seekers
(DBN)

Manufacturing jobs limited by demand fears
(DBN)

2012 Battleground Littered With Unemployed People
(DBN)

7 Applicants Per Job Opening
(DBN)

Government Jobs Untouched by the Great Recession
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Lehman:

Read the Lehman Court Filing that Shook the Muni Market
(DBN)

Lehman bondholders delay disclosure hearing
(DBN)

Goldman balks at time crunch in Lehman probe
(DBN)

______________

Fraud:

Former Wall Street hedge fund trader found guilty of insider dealing
(DBN)

Galleon's Goose Now Completely Cooked
(DBN)

Kurland’s ‘Virtual Servant’ Chiesi Seeks Lesser Sentence in Galleon Case
(DBN)

Analyst Tells Jury He Heard Jiau Phone in Confidential Data
(DBN)

Scott Rothstein's Buddy "Meatballs" Applies to Be Fort Lauderdale Cop
(DBN)

US Supreme Court rejects appeal by Petters victims
(DBN)

Investors who lost in Madoff scheme fail to win damages from IRA custodians
(DBN)

Mom, 83, Sues Son Over Alleged Ponzi
(DBN)

Ex-Industrial Enterprises CEO, Yale Donor Admits to Fraud
(DBN)

Lawyer Who Took Plea Delivers on Stand, Helps Convict Goffer, 2 Others in Insider-Trading Case
(DBN)

Real Estate Closing Attorney Wins Reversal of ‘Honest Services’ Mortgage Fraud Conviction
(DBN)

Janus Cleared of Fraud in Supreme Court's Eyes
(DBN)

In 5-4 Vote, Supreme Court Limits Securities Fraud Suits
(DBN)

______________

Oil/Gas:

Oil falls 2% as selloff enters second day
(DBN)

Barclays sees world oil/gas spend record in 2011
(DBN)

______________

Tubing:

Judge OKs Wolverine Tube reorganization plan
(DBN)

______________

Municipalities:

Harrisburg, deep in debt, awaits rescue plan
(DBN)

Financial Recovery Plan for the City of Harrisburg Released by Act 47 Coordinator
(DBN)

Act 47 report may be long, but it's short on critical debt solution details
(DBN)

Bankruptcy for Harrisburg could help taxpayers, leave taint on region, state
(DBN)

Pennsylvania Plan Fuels Feud Between Harrisburg And Its County
(DBN)

Will parties sign on to rescue Harrisburg in Act 47 plan?
(DBN)

Harrisburg Must Sell Assets to Avoid Bankruptcy , Report Says
(DBN)

Woonsocket mayor warns of possible bankruptcy
(DBN)

A City Tries to Slim Down
(DBN)

______________

Orchestras:

Musicians file objection to supporting information for Louisville Orchestra's bankruptcy plan
(DBN)

______________

Tax:

Court to decide whether farmers must pay post-bankruptcy tax
(DBN)

______________

Consultants:

Barrier Advisors Hires Price as President
(DBN)

______________

Economy:

QE3? Don't bet on it just yet
(DBN)

Housing Depression Means QE3
(DBN)

Economists Warn Against More Fed Action
(DBN)

Major economies losing growth momentum : OECD
(DBN)

Gross: US in Worse Shape Than Greece
(DBN)

Rogers: US Downgrade Long Overdue
(DBN)

Summers: More stimulus needed
(DBN)

Obama pushes to extend payroll tax cut
(DBN)

Nouriel Roubini: Trouble Ahead in China (And Europe, And The U.S., And…)
(DBN)

GOP hopefuls pummel Obama over jobs, economy
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

OCC extends deadline for foreclosure consent order action plans
(DBN)

Banks have 30 more days to submit mortgage plans
(DBN)

BofA 'Significantly Hindered' Foreclosure Review, U.S. Says
(DBN)

Foreclosure Crisis Spawns Still More Scrutiny of Banks
(DBN)

New York And Delaware AGs Set Sights On Trustees
(DBN)

Issa wants more evidence before granting servicer subpoenas
(DBN)

Southern California Home Prices Decline 8.2% as Employment Remains Weak
(DBN)

DataQuick: SoCal Home Sales Slow in May, Record Low New Home Sales
(DBN)

Leaving a ‘Toxic Asset’
(DBN)

Should We Care if People Don't Pay Their Debts?
(DBN)

Real estate scavengers flip foreclosed homes
(DBN)

85% of Wells Fargo Mods Are Private
(DBN)

Q1 2011: Mortgage Equity Withdrawal strongly negative
(DBN)

Fannie Instructs Servicers To Convert Hawaii Foreclosures
(DBN)

Fannie, Freddie improving but still draining federal resources: FHFA
(DBN)

Short Sales Surge, But No Thanks to Government Program
(DBN)

Fannie Mae offering REO agents $1,200 incentive
(DBN)

Homelessness cannot hinder the pursuit of happiness
(DBN)

Foreclosures still dominant force in Phoenix
(DBN)

Distressed sales account for 62.5% of Orlando-area home sales
(DBN)

Maiden Lane crowding the mortgage bond market
(DBN)

Beazer Homes CEO is outsted
(DBN)

Mastro bankruptcy trustee wants Chihuly records
(DBN)

Cuomo Pick Played Role in Calamity
(DBN)

Joseph Bellinger Appointed Bankruptcy Trustee Of Saslow Homes
(DBN)

CMBS 2.0 credit mirrors issuance in 2004: Moody's
(DBN)

Chinese Mount Global Homebuying Spree
(DBN)

_____________

Celebs:

Dykstra pleads not guilty in bankruptcy case
(DBN)

Rights to Ben Stein's Controversial Documentary for Sale
(DBN)

Sarah Ferguson : If it wasn't for Andrew, I'd be homeless
(DBN)

Kardashians Win Lawsuit Accusing Them of Ruining Credit Card Company
(DBN)

______________

Food/Beverage:

Perkins & Marie Callender's Chain Cooks Up Chapter 11 Restructuring
(DBN)

Bankruptcy leads to closing of 58 Perkins restaurants
(DBN)

Allen Foods sought aid from state before bankruptcy filing
(DBN)

______________

Aviation:

Airlines collect more baggage fees as fares fall
(DBN)

Airlines want more time for new bag, fare rules
(DBN)

______________

Hedge Funds:

U.S. trustee opposes bonus for GSC president
(DBN)

______________

Finance:

Leveraged-loan deals offering widely varying terms
(DBN)

______________

DOMA:

Bankruptcy Court rules Section 3 of DOMA is unconstitutional
(DBN)

______________

Banking:

Regions shares drop on audit report
(DBN)

Lucky 7? Or will Shareholders block WaMu's Bankruptcy Plan again?
(DBN)

GA U.S. Attorneys Go After Failed Banks
(DBN)

Are big banks doomed to fail?
(DBN)

UBS asked to pay damages for sale of failed Lehman
(DBN)

How long can BofA shareholders tread water?
(DBN)

Two Views on Bank Rules: Salvation and Jobkillers
(DBN)

Now Banks Take a Turn at Coupons
(DBN)

______________

Mining:

Vedanta Unit Goes to Trial to Defend Lawsuit Over Scuttled Asarco Deal
(DBN)

______________

Politics:

Elizabeth Warren Vs. Scott Brown for senate race?
(DBN)

Congressional travel spikes, despite vows of austerity
(DBN)

______________

Debt Collection:

Debt Collector Pseudonyms
(DBN)

Regulators Seek To Hold Unicredit Officers Liable For Violations
(DBN)

______________

Credit/Debit Cards:

April Credit Card Charge-Off Rate On Par With February 2009, Fitch Says
(DBN)

______________

Compensation:

Shareholders Sue Over Gusher of Bonuses
(DBN)

Ghost of Enron Wreaks New Havoc on Exec Pay
(DBN)

______________

Autos:

Honda Forecasts 63% Profit Decline on Quake, Yen
(DBN)

GM files IPO papers
(DBN)

______________

Student Debt:

Student Loan Settlements, Revisited
(DBN)

______________

Health Care:

Seniors: Medicare Cost Barrier for Medications
(DBN)

Ch. 11 won't hinder service at North Adams hospital
(DBN)

Northern Berkshire Healthcare seeks Ch. 11
(DBN)

A New Study on Medically Related Bankruptcies
(DBN)

To See Ourselves As Others See Us
(DBN - NY Times - Paywall Limit Possible)

Medicare Versus Private Insurance: The Data
(DBN - NY Times - Paywall Limit Possible)

How much for lifetime health insurance?
(DBN)

______________

Municipalities:

Mark Cuban to Fund Parade for Cash Strapped Dallas
(DBN)

Californians Still Down on the Economy
(DBN)

States are Deep in Debt Too
(DBN)

Biggest Loser for Factory Jobs? Not Detroit
(DBN)

______________

Insurance:

Chinese D&O class actions shift gear
(DBN)

______________

Hotels:

Optimum Hotel Brokerage Sells JFK Plaza Hotel
(DBN)

BN hotel faces foreclosure filing
(DBN)

______________

Education:

Pricing the Middle Class Out of College
(DBN)

______________

New Bankruptcy Opinions
(2 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)

______________

Discharge:

Post-Bankruptcy Profits Case Goes to SCOTUS
(DBN)

Flushed Away
(DBN)

______________

Plan Confirmation:

Survey of Texas Bankruptcy Court opinions addressing the applicability of Till in Chapter 11 cases
(DBN)

Co-Proponents of a Plan May Successfully Invoke Community-of-Interest Privilege
(DBN)

______________

Bankruptcy Reform:

Will 'Too Big to Fail' Rules Be a Failure?
(DBN)

FDIC Says Systemically Important U.S. Firms May Be Forced to Restructure
(DBN)

Testimony of Professor Lubben before U.S. House Financial Services Subcommittee on Financial Institutions and Consumer Credit regarding Orderly Liquidation Authority and Too Big to Fail
(DBN)

Statement of Michael H. Krimminger, FDIC GC, on Does The Dodd-Frank Act End Too Big To Fail?
(DBN)

Statement Of Christy Romero, Acting TARP Special Inspector General
(DBN)

Testimony of Prof. Michael S. Barr on Ending Too Big to Fail
(DBN)

______________

Avoidance Actions:

Making Sense of Fraudulent Transfers, Intangible Benefits, and Lender Liability After TOUSA II
(DBN)

______________

Claims Trading:

Lehman Dominates Claims Trading Market
(DBN)

______________

Corporate Reform:

Neil Barofsky on TARP, SIGTAP, IGS, Elizabeth Warren
(DBN)

Attack dogs after Elizabeth Warren
(DBN)

No Mayor Yet For CFPB, But The Sheriff's On The Job
(DBN)

Bankers Want Director, Clarity For Consumer Protection Agency
(DBN)

US Bancorp's Davis Warns Against Overreaction to Consumer Bureau
(DBN)

Calling All Regulators
(DBN - NY Times - Paywall Limit Possible)

Nearly a Year After Dodd-Frank
(DBN)

Are the Bedfellows on the New Mortgage Rules Really So Strange?
(DBN)

______________

Television:

Reality bankruptcy crisis hits Endemol
(DBN)

______________

IP:

Bids due from tech firms that want Nortel patents
(DBN)

Bidding for Nortel's last major assets expected to surpass $1B
(DBN)

Nortel patent sale is called unfair
(DBN)

Hewlett-Packard Seeks Changes to Nortel's Proposed Patent Sale to Google
(DBN)

Microsoft Objects To Nortel Patent Sale Terms
(DBN)

______________

IMF:

IMF hopeful Carstens slams Europe's record
(DBN)

IMF to consider Lagarde, Carstens for top job
(DBN)

______________

UK:

U.K.'s Cable Says Government Won't Rescue Southern Cross
(DBN)

Southern Cross Landlords Hire Restructuring Specialist
(DBN)

Southern Cross landlords accept rent cut
(DBN)

Southern Cross landlords approve care home rescue plan
(DBN)

Landlords throw Southern Cross Healthcare a lifeline
(DBN)

Shocking catalogue of failures in Coventry care homes
(DBN)

So-slow FSA offers scant protection
(DBN)

U.K. inflation holds steady at 4.5% in May
(DBN)

Winding Up Petitions - 13 June 2011
(DBN)

Appointment of Administrators - 13 June 2011
(DBN)

______________

EU:

Trichet Draws U.S.-EU Comparison
(DBN)

Euro recovers after S&P cuts Greece's rating
(DBN)

Eurogroup meets with China , ECB warnings ringing loud
(DBN)

______________

Canada:

A Second Kick At the Can? Substantive Amendments to a Plan After Court Sanction
(DBN)

Consumer proposals chop into bankruptcy numbers
(DBN)

______________

PIGS:

S&P downgrades Greece, says default likely
(DBN)

Bottom of the world, Ma
(DBN)

Greek credit default swaps rise on S&P rating cut
(DBN)

Euro Finance Chiefs Race to Avert Greek Default
(DBN)

Euro zone to mull private sector role in Greek bailout
(DBN)

What will Greece's restructuring look like?
(DBN)

Banks Are Greece's Achilles' Heel
(DBN)

Greece Is Sounding More And More Lehman-Like
(DBN)

Greek Politicians Supposedly Build Escape Tunnel In Case Protesters Attack After Austerity Vote
(DBN)

Greece sells €1.62 billion in treasury bills
(DBN)

Greek Default Insurance Costs Race Higher Amid Debt Fears
(DBN)

The Greek Tragedy: Could a 'Haircut' Help?
(DBN)

Greece Says S&P's Downgrade Ignores Efforts To Control Debt
(DBN)

Tension High within Eurogroup as Greece Requires More Aid
(DBN)

Spanish Caja CDS Wider, Too
(DBN)

54% Of Irish SMEs Being Refused Credit
(DBN)

Private Creditors Never Take Losses
(DBN)

______________

MENA:

Iraq: We Won't Repay US for War
(DBN)

Missing Iraq money may have been stolen, auditors say
(DBN)

Dubai Debt Pile in 2012
(DBN)

______________

Russia:

Khodorkovsky Transferred From Moscow to Undisclosed Prison
(DBN)

______________

Japan:

Tepco: Preparing for fair, quick compensation
(DBN)

Tokyo Offers to Help Compensate Nuclear Victims
(DBN)

Japan's Tepco to raise electricity prices
(DBN)

Strongbox Sales Soar as Cash Hoarding to Limit Japan Rebound
(DBN)

______________

Mexico:

Vitro Case Challenges Mexico's 11-Year-Old Restructuring Law
(DBN)

______________

New Zealand:

Bankrupted property developer leaves NZ
(DBN)

Nathans director 'not legally to blame' for collapse
(DBN)

______________

Australia:

1000-plus jobs to go in Colorado closures
(DBN)

______________

Brazil:

The Easy Credit That Fueled Brazil's Boom Now Imperils It
(DBN)

______________

Indonesia:

Puguh admits paying Bankruptcy Judge Syafruddin
(DBN)

______________

 

 

 

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Copyright 2011