June 21, 2011

The Daily Bankruptcy News

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Law:

Firms That Are Still Deferring People Into 2012
(DBN)

Court: Public lawyers not required in civil cases
(DBN)

Free lawyers in civil cases? Sometimes
(DBN)

Mayer Brown not exposed to Refco lawsuits, Supreme Court says
(DBN)

Biglaw Perk Watch
(DBN)

International Firms' London Lateral Hiring Grew 41 Percent in 2010
(DBN)

New York City Bar gives thumbs up to litigation-funding
(DBN)

Sean Coffey Launches New Litigation Finance Firm with Juridica Co-Founder
(DBN)

After Two Rocky Years, Station Casinos Exits Bankruptcy
(DBN)

Raj Rajaratnam's Lawyer Sent The Most Atrocious Email To A WSJ Reporter
(DBN)

Bud Selig Nixes Dodgers Owners’ Divorce Pact, Says TV Money Can’t Be Used to Pay Couple’s Lawyers
(DBN)

Lawyers Make Up 6.2 Percent of the Nation’s Highest Earners
(DBN)

Doesn't Everyone Want "Harvard On Your Side"?
(DBN)

US trustee says defer Blockbuster lawyers' pay
(DBN)

Richards Layton Elects Jason M. Madron as Counsel
(DBN)

White & Case and A&O lead on Irish bank recapitalization dispute
(DBN)

Lawyer Had No Duty to Explain Arbitration Clause to Sophisticated Clients
(DBN)

Federal judge acquits in-house counsel of criminal charges arising from involvement in client’s response to governmental investigation
(DBN)

Lawyers and Accountants Once Put Integrity First
(DBN)

Desperately Seeking Downtime
(DBN)

Are More Women Torn Between Work, Parenting? Yes, Says Litigator Whose Husband Stays Home with Kids
(DBN)

Deidre Dare Wants $$ For Her Little Adventure Story
(DBN)

Honoring NY Women Lawyers of Power and Influence
(DBN)

Law grads going solo and loving it
(DBN)

Trendspotting: Will Law School Start Decreasing The Supply of Unemployable New Lawyers?
(DBN)

WaMu, Primary Global, J&J, Airgas, Credit Suisse, Imperial in Court News
(DBN)

Decision in Wal-Mart case a blow to class actions
(DBN)

Computer Automated Legal Research Still Needs a Human Touch
(DBN)

A wiki for corporate legal forms – a forum to annotate and improve free agreements online
(DBN)

Five Tips to Get the Most out of LinkedIn
(DBN)

Top 12 Reasons Attorneys Should Be Using Technology in Trial
(DBN)

4th Circuit Rules Computer Oversight Not 'Excusable Neglect'
(DBN)

US News Likely to Change Law School Ranking Methodology In Wake of ABA Action
(DBN)

John Edwards' Daughter Quits Associate Job to Launch Foundation to Honor Her Late Mother
(DBN)

Ex-IRS Commissioner Links Financial Crisis to Lawyers, Says Privilege and Pay Part of the Problem
(DBN)

Lawyer and Civil Rights Activist Is Shot and Killed in His Home
(DBN)

Lawyer can't wear baseball hat in court
(DBN)

Casey Anthony Trial: Judge Scolds Lawyers For 'Gamesmanship'
(DBN)

Family trips = truancy? Rent seeking schools punish parents for family travels
(DBN)

The Case of the Loopy Lawyers
(DBN)

Rabbis 'sentence canine reincarnation of lawyer to death'
(DBN)

______________

Judges:

Judge decides to retire instead of serve probation for misconduct
(DBN)

The Justice, the Real Estate Developer, and the Ethics Issue
(DBN)

Prognosticating the remaining opinions (including Anna)
(DBN)

Judge Who Gave Lawyer Gag S-- Book Gets Reprimand for Delayed Recusal
(DBN)

______________

Wall Street:

Index Futures Advance on Greek Vote Speculation
(DBN)

US stocks close higher on blue-chip strength
(DBN)

Europe shares end at 3-month low on Greek aid delay
(DBN)

Meet The Two Superstar Traders Who Will Run Goldman's New Commodities Office In Houston
(DBN)

______________

Layoffs:

The rise in structural unemployment
(DBN)

No Recovery In Sight From The Long-Term Structural Unemployment Crisis
(DBN)

Swing state unemployment
(DBN)

The Real U.S. Fiscal Crisis Is Joblessness
(DBN)

Brazil Created More Jobs Than US in 2011
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

WaMu Trust Preferred Holders Seek to Join Probe of Hedge Funds' Trading
(DBN)

Aurelius calls renewed WaMu probe a 'shakedown"
(DBN)

WaMu wins bankruptcy fight over employee retirement funds
(DBN)

Hacker Group Declares War On Too Big To Fail Banks
(DBN)

______________

Credit/Debit Cards:

Bankers want more time to meet debit card rules
(DBN)

______________

Newspapers:

More Ways Sam Zell Destroyed the Tribune Company
(DBN)

______________

Consultants:

Miller Buckfire Said to Approach Treasury's Millstein About Role With Firm
(DBN)

______________

Bankruptcy Crimes:

Bankruptcy Attorney Charged with Bankruptcy Fraud
(DBN)

______________

Tax:

'Tax Lady' Roni Deutch Pleads Not Guilty
(DBN)

California Couple Pleads Guilty to Hiding Swiss UBS Account
(DBN)

Are Taxes High or Low? A Further Look
(DBN - NY Times - Paywall Limit Possible)

______________

Defaults:

U.S. High-Yield Default Rate Remains Low, Fitch Says
(DBN)

______________

Economy:

As Fed meets amid soft patch, economists eye second half
(DBN)

Bernanke to tell investors, public: Don't jump
(DBN)

Bernanke's Rebuke of Japan Now Applies to U.S.
(DBN)

Economy's Rough Patch: Here to Stay?
(DBN)

Fitch Warns: US Must Raise The Debt Ceiling By Aug 2, Or Risk Losing Its AAA
(DBN)

Risk of U.S . credit rating downgrade increased: S&P
(DBN)

'Default Not Our Strategy' in Getting Spending Cuts: Ryan
(DBN)

Clinton: It's Still the Economy, Stupid
(DBN)

Survey: America is Going to Hell
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

HUD releases unemployment mortgage assistance to 27 states
(DBN)

$1 Billion in Homeowner Aid Offered
(DBN)

Jobless? Don't blame your underwater mortgage
(DBN)

Former JPMorgan Mortgage Servicer: My Boss Told Me, We're In The Foreclosure -- Not Modification -- Business
(DBN)

Lawler: Closed Home Sales Down, Pending Sales Up in May
(DBN)

Do Falling Home Prices Lead to More or Less Divorce?
(DBN)

Tucson Mayoral Candidate Claims Dozens of Foreclosed Homes, Changing Locks, Kicking Out Real-Estate Agents and Posting “Do Not Trespass” Signs
(DBN)

Bank Foreclosure Deal May Include State Choice on Writedowns
(DBN)

Fannie Mae lowers growth estimate as home prices continue to search for bottom
(DBN)

Merrill faces group lawsuit over mortgage securities
(DBN)

Another Layer of the Mortgage Mess: “Zombie Notes”
(DBN)

The Next Crisis in Residential Mortgages – New Data Emerges
(DBN)

More lawmakers join major push to reduce QRM down payment
(DBN)

Servicer Litigation Skyrocketed In First Quarter
(DBN)

House price volatility expected until 2014
(DBN)

Foreclosure issue now having a financial impact on LPS
(DBN)

When Was The Housing Peak And How Far Away Is The Bottom?
(DBN)

When Uncle Sam forecloses
(DBN)

Housing Bust Winners: Some Farmers in Illinois
(DBN)

Politically Tied Lawyers Win Jobs Handling Foreclosures in NYC
(DBN)

US credit union regulator sues JP Morgan, RBS
(DBN)

Karl Fischer's Finger of Humboldt Headed for Bankruptcy Auction
(DBN)

Bankruptcy judge OK's final round of fees for Cedar Funding liquidation
(DBN)

Moody's: CMBS delinquency rate fell to 9.18% in May
(DBN)

As CRE Loan Stress Peaks, Debt Investment and Modification Strategies Change
(DBN)

US Attorney Announces Results of Mortgage Fraud Prosecutions
(DBN)

_____________

Retailing:

Borders says sale likely by end of July
(DBN)

Borders Eyes Bankruptcy Sale in July, or Else?
(DBN)

Borders Seeks Court Approval of $30 Million Loan, Plans July 19 Auction
(DBN)

Immigrant Moguls Compete to Write Future of Borders
(DBN)

3 Retail Companies Looking Like Greece
(DBN)

Centro Wins Dismissal of Suit to Block Sale of U.S. Malls to Blackstone
(DBN)

______________

Finance:

Lending Battle Is Risky Business
(DBN)

______________

Fraud:

Preet Bharara Takes on Wall Street Crime
(DBN)

Scott Rothstein Saga: Feds Looking to Nab a Few More of the Ponzi-Schemer's Cohorts
(DBN)

Prosecutors: More Rothstein defendants coming
(DBN)

Government fears Rothstein deposition
(DBN)

Mets owners' memorandum cites false allegations, overwrought claims by Madoff trustee Irving Picard
(DBN)

Ex-hedge fund consultant convicted in insider case
(DBN)

Plane Ponzi
(DBN)

Former CEO of defunct Pa. soft drink company pleads guilty to fraud, tax evasion in $875M scam
(DBN)

Compensating Stanford's Investors
(DBN - NY Times - Paywall Limit Possible)

Minneapolis coin firm reported near bankruptcy
(DBN)

Insider Trading Probe Sparks Paranoia in Traders
(DBN)

_____________

Marine:

Trico challenges Tennenbaum over Chapter 11 claims
(DBN)

______________

Municipalities:

Moody's warns that Jefferson County financial troubles may hurt other municipalities
(DBN)

Stray Cats Roam Tampa as U.S. Local Services Lapse With Job Cuts
(DBN)

Credit Downgrade Pushes Rhode Island Town Closer To Bankruptcy
(DBN)

State to Run Detroit's Worst Schools
(DBN)

______________

Tech:

Samsung Pays $150 Million To Spansion In Settlement
(DBN)

______________

Enron:

Enron settles with ex-CEO's wife Linda Lay
(DBN)

______________

Food/Beverage:

Details emerge in Allen bankruptcy
(DBN)

______________

Aviation:

US Airfares Up 10 Percent
(DBN)

______________

Telecoms:

Nortel Judge Orders Mediation on Rules For Units to Split Up $4 Billion
(DBN)

TerreStar units fight $104 million claim from Sprint
(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)

______________

Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Poetry:

Bracewell's Bankruptcy Blog Launches Haiku Contest
(DBN)

______________

Claims Trading:

U.S. bankruptcy claims trading slows in May
(DBN)

______________

Jurisdiction:

US Supreme Court Bankruptcy Watch: Readying for Stern v. Marshall -- A Bombshell or a Dud?
(DBN)

______________

Plan Confirmation:

Equitable Mootness Doctrine Examined (Part 2): Is a Confirmation Order Truly Final? Or Can An Appellant Take Another Bite at the Apple?
(DBN)

______________

Discharge:

Bankruptcy Court Questions Naiveté of Debtor – When the Debtor’s Spouse is a Paralegal
(DBN)

______________

Corporate Reform:

Director or no , Wall Street’s newest cop is ready for duty
(DBN)

Judicial Watch claims emails show Elizabeth Warren already in power
(DBN)

Chamber calls on agencies to divide new consumer protection abilities
(DBN)

Republicans Request Details on Warren's Role in Mortgage Foreclosure Talks
(DBN)

Republicans Abuse Confirmation Process in an Attempt to Make Policy
(DBN)

The Missed Opportunity to Reform Reckless Banking
(DBN)

______________

Avoidance Actions:

Lawsuit against Blackstone could test LBO defense
(DBN)

______________

Personal Bankruptcy:

Caution Urged Concerning Consumer Bankruptcies
(DBN)

______________

Autos:

Scandinavian suppliers asked to help Saab through debt issues
(DBN)

Saab says production halted 2 more weeks
(DBN)

______________

Insurance:

Regulators Debating List of Too-Big-to-Fail Insurers
(DBN)

KPMG welcomes run-off sector concessions under Solvency II
(DBN)

______________

Celebs:

Bankrupt Debbie Reynolds forced to sell Marilyn Monroe's dress for $4 million
(DBN)

______________

UK:

Winding Up Petitions - 20 June 2011
(DBN)

Appointment of Administrators - 20 June 2011
(DBN)

______________

EU:

UK: We Won't Bail Out Greece Again
(DBN)

Europe fiddles while crisis strains EU principles
(DBN)

IMF: EU Debt Crisis May Have Global Spillovers
(DBN)

Greece Debt Crisis Pushes Danish Euro Opposition to Record
(DBN)

How Sweden Steered Clear of the Greece Fiasco
(DBN)

______________

Germany:

German Investor Confidence Falls in June
(DBN)

______________

PIGS

European Leaders Add to Pressure on Greece
(DBN)

New Hurdle Is Placed for Loan to Greece
(DBN)

Greece Is Closer to Payout
(DBN)

Ratings agency raises default fears over bonds
(DBN)

S&P: Voluntary Greek Debt Restructuring Still Default
(DBN)

Spain's Ordonez says hopes Greece approves austerity plan
(DBN)

Vote of Confidence Is Only the First Step for Greece
(DBN)

Greek Streets 'Explosive' as PM Faces Confidence Vote
(DBN)

The Greek accounting tragedy
(DBN)

Little Wiggle Room on Greek Default
(DBN)

Greek Default Spells 'Havoc' for Banks a Year After Bailout
(DBN)

'Nothing But Bad Choices' Ahead for Greece: El-Erian
(DBN)

Eurozone Brinksmanship: Ministers Walk Back Greek Rollover Commitment, Demand Austerity Measures First
(DBN)

Apple is bigger than the entire Greek economy
(DBN)

The Institutions Most Exposed To A Greek Default
(DBN)

No plan B if Greece fails to pass austerity measures
(DBN)

Greece 'insolvent' says economist Professor Costas Meghir
(DBN)

8 Signs Of Greek Contagion Risk
(DBN)

Will Portugal and Ireland Follow Greece on the Brink?
(DBN)

Ireland's borrowing costs rise despite diplomacy
(DBN)

Austerity Hits Incomes in Greece, Ireland, U.K.
(DBN)

______________

Russia:

Khodorkovsky to Repair Toilets
(DBN)

Russian Lawyer Who Died in Jail Uncovered $107M Tax Rebate Fraud, Hedge Fund Alleges
(DBN)

______________

China:

China's Boom Is Beginning to Show Cracks, Analysts Say
(DBN)

China's 65 Million Vacant Homes
(DBN)

______________

MENA:

When Shari’a Law Meets Chapter 11
(DBN)

______________

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Copyright 2011