June 15, 2011

The Daily Bankruptcy News

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Law:

7th Circuit Judge Blisters Lawyer for ‘Grotesque’ Damages Argument,
(DBN)

Altman Weil Survey Says 95% of Law Firms Plan to Up Fees By a Median 4%
(DBN)

Fees: What's Fair?
(DBN)

Howrey in Middle of New York Utility Feud
(DBN)

The Am Law 200: How the Firms Stack Up
(DBN)

For Young NY Lawyer Fighting Hidden Fees in Student Loans, a Supreme Disappointment
(DBN)

Gibson Dunn Associate Among 26 Arrested
(DBN)

McGuire Woods Partner Calls For Resolution On U.K. Fraud Office Break-Up
(DBN)

Florida Lawyer Admits to Role in $1.2 Billion Rothstein Investment Fraud
(DBN)

Magic circle trio advise on Southern Cross restructuring and rent wrangle
(DBN)

Superlawyer Stanley Chesley Faces Reckoning
(DBN)

Senator George J. Mitchell returns to DLA Piper as Chairman Emeritus
(DBN)

Bankruptcy and E-Discovery
(DBN)

Reinvented Law Firms Emphasize Collective Knowledge
(DBN)

Irvine wins provisional accreditation, but La Verne loses ABA's blessing
(DBN)

Law School Transparency Gets R-E-S-P-E-C-T
(DBN)

Ilan Grapel: He’s No Austin Powers
(DBN)

Top Five iPhone Apps for Lawyers
(DBN)

Advice for lawyers looking to buy a new iPad
(DBN)

Invasion of the Android Attorneys
(DBN)

The New CorpCounsel iPad/iPhone App
(DBN)

Life on a Professional’s Clock
(DBN)

An Important Victory For Small-Firm Advertising
(DBN)

Lawyers to clients: show us the money
(DBN)

Bedbugs Back In Brooklyn D.A.’s Office
(DBN)

Fear And Loathing On Headline News
(DBN)

Family Wants $5 Million Back from Lawyers, Saying They Won Case by Bribing a Judge
(DBN)

Fear And Loathing, The Squeakquel
(DBN)

Children's author ejected from plane for saying F-word
(DBN)

Woman's conviction for piercing cats upheld
(DBN)

Defense attorney representing asks for mistrial over cop's Altoids peppermints
(DBN)

Law bans posting images that "cause emotional distress"
(DBN)

Man charged with shooting 12-year-old boy who rang doorbell, ran away
(DBN)

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Judges:

Supreme Court Justices Have a Busy Summer Ahead
(DBN)

Scalia continues his history of relying on history
(DBN)

Stevens Reflects on Supreme Court Career, Labeling Justices
(DBN)

Judge’s Son, AKA Bellagio Biker Bandit, Takes Plea in $1.5M Vegas Casino Chips Heist
(DBN)

Lexicographers Question Justices’ Increasing Reliance on Dictionaries
(DBN)

Use of iPads by judges
(DBN)

Meet the court dogs providing calm for traumatized witnesses
(DBN)

Gay Judge’s Decision on California Marriage Law Ruled Valid
(DBN)

Defense of Marriage Law Unconstitutional, Panel of Bankruptcy Judges Rules
(DBN)

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Wall Street:

Stock futures signal lower open for equities
(DBN)

Wall Street rallies on strong retail earnings
(DBN)

Obama and Wall Street
(DBN)

The Great Wall Looming Over Wall Street – 2014 and Beyond
(DBN)

The Dow and the Economy: A Misunderstood Relationship
(DBN)

High-Leverage Derivatives Have Turned The Stock Market Into A Minefield
(DBN)

______________

Layoffs:

Outsourced Tech Jobs Returning to the U.S.
(DBN)

Since stimulus passed, 1.9 M fewer Americans working
(DBN)

Obama 2012 -- it's all about jobs
(DBN)

Obama: 'All Hands on Deck Strategy' For Jobs
(DBN)

Gingrich: Obama Administration is 'Anti-Jobs'
(DBN)

Better hiring news for job seekers
(DBN)

Lockheed Martin Space Systems to lay off 1,200 employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Financial Privacy:

Citigroup Asked for More Details on Data Breach by Connecticut Official
(DBN)

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Food/Beverage:

Perkins Restaurant Chain Wins Approval of $16 Million Bankruptcy Financing
(DBN)

ConAgra buys Marie Callender's trademark
(DBN)

Marie Callender's Restaurant Shuts Down, Kicks Customers Out Mid-Meal
(DBN)

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Corporate Reform:

GOP Hopefuls Run Against Regulation
(DBN)

Political battle threatens centerpiece of financial reform
(DBN)

New US Consumer Bureau Likely To Be Hobbled On Day One
(DBN)

Civil Rights Coalition Calls for Nomination of Elizabeth Warren
(DBN)

Perhaps Another Reason the White House Isn't Pushing Elizabeth Warren…
(DBN)

CFTC delays derivative rules from July 16 deadline
(DBN)

FDIC, GOP lawmakers spar over 'too big to fail'
(DBN)

Most financial execs believe Dodd-Frank will not increase transparency
(DBN)

US Sen Vitter To Block SEC Nominees Until Stanford Ruling Issued
(DBN)

______________

Small Business:

Recovery leaving small businesses behind
(DBN)

A Slowdown for Small Businesses
(DBN)

Small Business Optimism Weakens for Third Straight Month
(DBN)

Tax Bills Squeeze Small Firms
(DBN)

______________

Aviation:

Alabama Storms Delay Military Airplane Repair Work
(DBN)

Airline fees climb to $5.7 billion
(DBN)

Airports Say They Too Need to Raise Fees
(DBN)

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Football:

Former NFL Player: The Real Issues Are Health and Bankruptcy
(DBN)

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Health Care:

Broke health system files for bankruptcy to restructure debt
(DBN)

Auburn Memorial Hospital to receive an additional $2 million in funding
(DBN)

______________

Religion:

Diocese won't pay benefits for accused priests
(DBN)

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Credit/Debit Cards:

Game-changer: AmEx Targets Big Banks, Dodges Debit Caps With Prepaid Card
(DBN)

Inside The Credit Card Black Market
(DBN)

______________

Telecoms:

TerreStar Bidders Circle
(DBN)

Charlie Ergen takes another run at TerreStar
(DBN)

______________

Gambling:

Maloofs settle debt problem
(DBN)

______________

Economy:

No Fed hike until middle of 2012: bank economists
(DBN)

Fed's Fisher: We Must Tighten Policy
(DBN)

Weak Economy Complicates Debt Talks
(DBN)

Obama: Debt Fight Hurts Jobs Growth
(DBN)

Bernanke: Stop holding debt ceiling hostage
(DBN)

Debt Limit 'Wrong Tool' to Force Cuts: Bernanke
(DBN)

Ellis Says Bernanke's Remarks on Debt Limit `Unhelpful'
(DBN)

Bernanke Still Doesn’t Get It
(DBN)

The Debt Ceiling Debate's Swan Song
(DBN)

Senate Republicans Abandon Norquist
(DBN)

The US Is Already Solving Its Debt Crisis
(DBN)

Santelli: Bond Market Trading Indicates Little Fear Of Default
(DBN)

Debt-limit battle rattles US creditors
(DBN)

Business inventories rise 0.8%
(DBN)

Wholesale prices in US climb 0.2% in May
(DBN)

Top U.S. CEOs remain upbeat, survey says
(DBN)

OECD Leading Indicators Pointing South
(DBN)

Cautious consumers could see lower prices ahead
(DBN)

Why the crises won't happen until 2013
(DBN)

America's Ticking Bankruptcy Bomb
(DBN)

I Ruined the Economy and All I Got Were These Lousy Tax Cuts
(DBN)

Share Private Parts With The Public
(DBN)

Romney: Obama Made Recession Worse
(DBN)

Grading Obama's economic performance
(DBN)

Manufacturing Profits Came Back. Manufacturing Jobs Didn't.
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

US Housing Collapse Is Now Worse Than Great Depression
(DBN)

AGs, banks make 'major progress' on servicing standards
(DBN)

Bank Of America Can't Escape Mortgage Problems
(DBN)

Pawlenty Calls Obama's Housing Plan a 'Failure'
(DBN)

RealtyTrac's Sharga sees no housing recovery before 2015
(DBN)

Positive monthly housing stats point to recovery: RE/MAX
(DBN)

The JPMorgan Exec Who Foreclosed On Soldiers Just Got Fired
(DBN)

Did Smart Growth Fuel the Property-Price Boom?
(DBN)

Residential Remodeling Index increases in April
(DBN)

Housing agency files for bankruptcy
(DBN)

Mortgages Held Invalid For Lack Of Note Assignment: BLAW
(DBN)

Conference of Mayors teams up with Wells Fargo to prevent foreclosures
(DBN)

Barnes in creditor deal on Chapter 11 exit plan
(DBN)

Developer Related Plans to Finish One Madison Park
(DBN)

Allstate found to be 'judge-shopping' in Countrywide debt case
(DBN)

Mastro associate owes $64M, judge rules
(DBN)

Investors reselling foreclosures quicker than banks in wake of robo-signing fiasco
(DBN)

Linden Ponds files for bankruptcy protection
(DBN)

_____________

Retailing:

Retail sales fall 0.2 percent in May
(DBN)

Retail Sales Fall in May for First Time Since June 2010
(DBN)

Best Buy profit declines, but beats Wall Street estimates
(DBN)

Penney CEO to get $50 million in restricted stock
(DBN)

Departing Apple Exec Getting $38.5 Million Welcome
(DBN)

______________

Fraud:

Danielle Chiesi Blames A "Toxic" Sexual Relationship For Her Insider Trading
(DBN)

Rajaratnam’s Arrest Led Hedge Fund Analyst to Destroy Insider Trading Data
(DBN)

Judge: Rothstein to be brought back to Fort Lauderdale for questioning
(DBN)

Rothstein associate Howard Kusnick pleads guilty
(DBN)

Fair Finance Co. recovers about $2 million in funds
(DBN)

Rakoff holds fate of Picard's Madoff bank and clawback megasuit
(DBN)

Supremes show fund bosses how to skirt fraud
(DBN)

______________

Pensions:

New PBGC rules deny benefit guarantees after employer seeks bankruptcy
(DBN)

Retirement Plans Make Comeback, With Limits
(DBN)

Shuttle’s End Leaves NASA a Pension Bill
(DBN)

______________

Apparel:

Rock & Republic trustee takes aim at ex-CEO
(DBN)

______________

Glass:

Judge Clears Vitro SAB To Sell U.S. Units To Sun Capital
(DBN)

______________

Municipalities:

Harrisburg's Act 47 financial plan calls for union givebacks
(DBN)

Harrisburg Parties Weigh New Plan
(DBN)

Jefferson County Layoffs
(DBN)

JeffCo Commission cutting hundreds of jobs; "dramatic" increase in sewer fee
(DBN)

Receiver suggests 25% JeffCo sewer rate increase
(DBN)

Jefferson County commission to ask a state court judge to mediate settlement in sewer debt crisis
(DBN)

Alabama county says debt worth less than $3.2 billion
(DBN)

Wisconsin Supreme Court upholds anti-union law
(DBN)

Michigan Gov. Rick Snyder: 'Detroit's not going into bankruptcy'
(DBN)

Mich. governor opposes any municipal bankruptcies
(DBN)

Pontiac bankruptcy 'not on horizon' despite emergency manager's warning
(DBN)

______________

Autos:

Multiple Choice Mitt: Auto Bailout Edition
(DBN)

GOP presidential hopefuls knock bailout of Detroit's automakers
(DBN)

GM Assures Opel CEO: No Sale of Company
(DBN)

Fiat Won't Risk Downgrade to Buy Chrysler Stake
(DBN)

______________

DOMA:

Sweeping Bankruptcy Court Rejection of DOMA
(DBN)

Federal bankruptcy judges: 'Defense of Marriage' law makes no sense
(DBN)

______________

Bankruptcy Crimes:

Monroe business owner convicted of bankruptcy fraud gets 27 months in prison
(DBN)

______________

Distressed Investing:

Sam Zell Turns Selective
(DBN)

Aggressive Greenspring Fund Hunts for Bargains After Bankruptcy
(DBN)

______________

Resorts:

Private-Equity Firms Take Over Palms Resort
(DBN)

______________

IP:

DOJ approves Google's bid for Nortel patents
(DBN)

______________

Corporate Governance:

Lutz: Bring Back Autocratic CEOs
(DBN)

______________

New Bankruptcy Opinions
(1 new opinion 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)

______________

Miscellaneous:

Rochelle on Perkins, Xanadoo and TransPecos Bankruptcies
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Poetry:

Democrat Follies
(DBN)

Republican Follies
(DBN)

______________

Bankruptcy Reform:

Wall Street living wills doomed to fail
(DBN)

______________

Banking:

FDIC OKs minimum capital standard for banks
(DBN)

Actually, Jamie Dimon, There Is a Study on the Effect of Raising Bank Capital Requirements
(DBN)

Banks' 4-month dive raises recovery questions
(DBN)

Bank chiefs’ pay rises by 36%
(DBN)

Job Cuts Coming for Second-Tier Banks?
(DBN)

TARP: majority of bailed-out US banks still to repay
(DBN)

The Big Banks Fight On
(DBN - NY Times - Paywall Limit Possible)

JPMorgan Multiplies as BofA Shrinks in Branch Deposit Grab
(DBN)

______________

Lehman:

Goldman Sachs Says 'Baseless' Lehman Document Demand Designed to Harass
(DBN)

Goldman Says Lehman Wants Evidence On 'Unrealistic' Timetable
(DBN)

Paulson creditors relent on call for Lehman data
(DBN)

Lehman pushes back $1.5 billion SunCal tussle
(DBN)

______________

Insurance:

AIG Continues to Have Corporate Monitor Oversight
(DBN)

Ambac, banks' $33 million settlement wins court OK
(DBN)

______________

Golf:

Center Grove area golf course files for bankruptcy
(DBN)

Country club dispute goes to mediation today
(DBN)

______________

Accounting:

Accountants’ Jobs Make Them Sick
(DBN)

Here’s What Can Happen When You Get Bored After Passing the CPA Exam
(DBN)

______________

IMF:

Dominique Strauss-Kahn parody commercial
(DBN)

New Life Story Of The Maid Is Revealed, And It Doesn't Look Good For DSK
(DBN)

______________

UK:

May jobless claims show biggest rise in 2 years
(DBN)

Jobless data paints mixed picture of economy
(DBN)

Southern Cross buoyant ahead of key meeting
(DBN)

Lloyds and RBS fall as government favors ring-fencing banks
(DBN)

How the UK wants to deal with its biggest banks
(DBN)

U.K. House Prices Fall; Sellers Abound
(DBN)

HMRC faces huge loss in tax debt after letting companies put off paying bills
(DBN)

'£1.00´ alarm package sets of warning bells at Insolvency Service
(DBN)

UK government to back separation of banks
(DBN)

Begbies Traynor sheds 50 jobs
(DBN)

Winding Up Petitions - 14 June 2011
(DBN)

Appointment of Administrators - 14 June 2011
(DBN)

______________

EU:

Europe at mercy of rating agencies as reforms struggle
(DBN)

Soros: Time working against euro solution
(DBN)

European Stocks Decline Amid Greek Aid Deadlock
(DBN)

French banks share ECB fears over Greek restructuring
(DBN)

French exposure to Greece, an Argentine deja vu
(DBN)

Moody's puts French banks on review for downgrade over Greece
(DBN)

Eurozone April Industrial Output Rises Unexpectedly
(DBN)

Europe's Yard Sale May Come Up Short
(DBN)

______________

PIGS:

Greek Bailout Talks Deadlock as Pressure Mounts on Papandreou
(DBN)

The EU May Not Come To An Agreement On Greece For Another Month
(DBN)

Greek yields hit euro-era high as solution unclear
(DBN)

Greece's short-term funding costs rise after S&P
(DBN)

The Dangers of a Default Position
(DBN)

Draghi: Greek restructuring must avoid compulsion
(DBN)

Mario Draghi Holds E.C.B. Line Against Restructuring for Greece
(DBN)

Draghi Says He Knew Nothing About Goldman-Greece Deal
(DBN)

ECB's Stark backs banks' 'voluntary' Greece aid
(DBN)

Private sector crucial for Greece's second bailout, say euro-zone ministers
(DBN)

Greek actors seek divorce from reality
(DBN)

Is Greece the next Lehman?
(DBN)

Greek Default: The Day After
(DBN)

Greek Stocks And Bonds Imploding
(DBN)

Do Markets Imply a Greek Exit From Euro?
(DBN)

In Greek Crisis, Political Leaders Are Playing for Time
(DBN)

Greece crippled by protests, strike over austerity
(DBN)

Greek protesters vow to blockade parliament
(DBN)

German Banks Could Handle Greek Restructuring, RP Online Says
(DBN)

Noyer Says Any Greek Default Would Mean Financing Whole Economy
(DBN)

Greek Bond Yields, CDS Spreads Find New Ways to Go Higher, Wider
(DBN)

They Don't Call It The "Misery Index" For Nothing
(DBN)

Could a Greek Default Destroy American Money Market Funds?
(DBN)

Spanish Parliament Rejects Proposal to Ease Rules on Mortgage Foreclosures
(DBN)

Greece, Ireland Can't Default Like Iceland
(DBN)

______________

Japan:

Japan Proposes Tepco Aid Package, With Fight Likely
(DBN)

Tepco faces frantic struggle for survival
(DBN)

______________

MENA:

New Egypt? 7,000 civilians jailed since Mubarak fell
(DBN)

Syrian army pursues 'scorched earth' campaign
(DBN)

Libya Slams Germany for 'Violating' Sovereignty
(DBN)

______________

Indonesia:

Lawyer Says Client Admits Paying 'Gratuity' to Bankruptcy Judge
(DBN)

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Copyright 2011