June 23, 2011

The Daily Bankruptcy News

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Law:

Wachtell Lipton: Pondering a Future Beyond Marty
(DBN)

Kudos to Marty Lipton and Messrs. Wachtell, Rosen, Katz et al.
(DBN)

Kerry Steigerwalt's Broke Law Firm Trying to Make Deals
(DBN)

Fish & Richardson, Mark Cuban, and a Trash-Talking Summary Judgment Motion
(DBN)

High PPP Is Making Monkeys of US All
(DBN)

Debevoise Hiring Partner Looks for Meaningful Conversations and Passion
(DBN)

Susman, S&C Partner Call Out Selig for Wrecking Dodger Divorce
(DBN)

Pricing Legal Services in Eight Easy(ish) Steps
(DBN)

Three Thresholds for What Kinds of Cases a Law Department Will Handle E-Discovery Itself
(DBN)

New Firm Recruiting Program Allows 3Ls to Work Remotely
(DBN)

iPad Document Review App Debuts
(DBN)

Ethics Opinion Tackles 'Friend' Requests
(DBN)

Coupons help sink second BAR/BRI settlement
(DBN)

Attorney's Failed Dream of Revitalizing Pacific Law Center Leaves Angry Clients, Unresolved Cases
(DBN)

U.T’s Race-Conscious Admissions Policy Survives Latest Legal Challenge
(DBN)

"$7 million to sue Wal-Mart"?
(DBN)

Adventures in Lawyer Spam: Join the Biglaw Revolution
(DBN)

Lawyer in Custody Battle with Attorney Ex-Wife Reportedly Kills Their 2 Teen Sons and Himself
(DBN)

May’s Lawyer of the Month
(DBN)

Into the Wild: Where In the World Is Tyler Coulson?
(DBN)

Lawsuit of the Day: An ‘Eff You’ Motion to Dismiss
(DBN)

Ex-Arnold & Porter Lawyer Loses Law License After Child ---- Guilty Plea
(DBN)

Lawyer Arrested for Battering, Choking His 7-Year-Old Son
(DBN)

Lawyer: "I Don't Like Details"
(DBN)

Hostage-Taker Updates Facebook Status, Adds Friends During Standoff
(DBN)

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Judges:

Judge Says Sorry for Trying to Enter Female Jurist’s Hotel Room Dressed in Sheet
(DBN)

Ethics Complaint Against Newly Retired Judge Reportedly Seeks to Rescind Her Benefits, a First
(DBN)

Famed Federal Judge Jack Weinstein Makes Onsite Visit, Seeks to Resolve Neighbors’ Property Squabble
(DBN)

Stanford Law Grad Is Federally Indicted, Allegedly Paid Texas Judge $11K in Bribes
(DBN)

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Wall Street:

US stock index futures point to falls for Wall St
(DBN)

World stocks slip on Fed remarks about US economy
(DBN)

US stocks plunge at close
(DBN)

Stocks priced too low: Goldman's Cohen
(DBN)

The Bridge-Playing Champion of Wall Street
(DBN)

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Layoffs:

Bernanke: 'Years' before a return to full employment
(DBN)

Jobless rate may exceed 8% in election year: Fed
(DBN)

U.S. still wasting billions on jobless aid
(DBN)

UBS to axe 500 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Geithner: Big Banks Spend ‘Huge Amount to Erode’ Dodd-Frank Law
(DBN)

J.P. Morgan Settlement Suggests More Pain Ahead for Wall Street
(DBN)

Regions units settle mortgage-fraud charges
(DBN)

House Republicans concerned about consumer bureau's role in foreclosure issues
(DBN)

Lawmakers Ask For Consumer Bureau Documents On Mortgage Talks
(DBN)

CFPB identifies preliminary list of transferred rules
(DBN)

Possible Senate run from Elizabeth Warren still a mystery
(DBN)

Republicans Do Not Have the Power to Block an Elizabeth Warren
(DBN)

SEC's hedge fund crackdown stalls, again
(DBN)

The Banker Who Cried Wolf: Wall Street's History Of Hyperbole About Regulation
(DBN)

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Municipalities:

Harrisburg readies for bankruptcy ; Piccola bill being vetted today
(DBN)

Piccola's way: Senator's takeover threat for Harrisburg doesn't make sense
(DBN)

Distressed cities bill concerns Blake
(DBN)

Pa. Mayor, Religious Leaders Unite to Fast and Pray for Harrisburg
(DBN)

Investors eye Pennsylvania debt crisis
(DBN)

Pa. lawmakers move to stop Harrisburg bankruptcy
(DBN)

Flanders: Central Falls bankruptcy now 'more likely than not'
(DBN)

Task Force to Study States' Borrowing, Health-Care Costs
(DBN)

Debt-Laden Alabama County Lays Off Nearly A Quarter of Staff
(DBN)

Jefferson County sewer system receiver to commission: Surrender $75 million; Residents to receiver: No
(DBN)

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Economy:

Fed downgrades economic assessment, sees pickup
(DBN)

A look at the Fed's evolving thoughts on the economy and interest rates
(DBN)

Fed Leaves Rates Unchanged, Offers Dim View of Economy
(DBN)

Fed to Defer New Efforts for Growth
(DBN)

Nobody Likes What Bernanke’s Saying
(DBN)

Bernanke doesn't have 'precise read' on slowdown
(DBN)

Fed Balance Sheet to Hold Steady at 18 Bajillion Dollars, Give or Take
(DBN)

Could the Fed Hold Steady Until 2013?
(DBN)

Fed to end QE2 as it signals economic worries
(DBN)

Dollar Is Little Changed After Fed Says It Will Maintain Record Stimulus
(DBN)

Millionaire population tops pre-crisis levels
(DBN)

Postal Service to skip retiree fund payments
(DBN)

No Tax Rises, But Revenues Must Increase
(DBN)

UN: Austerity plans threaten recovery
(DBN)

GOP: Where Dead Economic Ideas Live On
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

American home equity cut by one-third
(DBN)

Fannie Mae names new top finance chief
(DBN)

QRM requirements could slash refinancing in hardest hit states
(DBN)

Industry, lawmakers call for QRM redo from Capitol Hill
(DBN)

Bernanke says home price stabilization necessary to woo buyers
(DBN)

Mortgage servicing faces billion-dollar secondary crisis
(DBN)

Current subprime bond yields impede private-label RMBS
(DBN)

Surprise! Index Shows House Prices Rose
(DBN)

James Kelsoe: From Subprime Star to Washout
(DBN)

April commercial real estate prices dip: Moody's
(DBN)

Thornburg Trustee Targets BofA Over Countrywide Loans
(DBN)

Developer Buys the Site of Failed Trump Tower
(DBN)

Toll Brothers Buys Manhattan Condominium Land at Auction for $35.5 Million
(DBN)

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Fraud:

Tobey Maguire Sued Over Multi-Million Dollar Illegal Poker Game; DiCaprio, Affleck & Damon Involved
(DBN)

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Mail:

Issa Warns of New Bailout as Postal Service Suspends Pension Contributions
(DBN)

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Celebs:

Michael Jackson's former manager pleads guilty to tax charges
(DBN)

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Autos:

GM bailout ripped during House panel hearing
(DBN)

Delphi retirees plead case to House
(DBN)

Geithner Cut GM Employee Pensions
(DBN)

Electric car company filing for bankruptcy
(DBN)

GM retirees sue MetLife over life insurance cuts
(DBN)

Saab admits it cannot pay wages
(DBN)

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Retailing:

Judge grudgingly approves Borders auction plan
(DBN)

Judge reluctantly OKs Borders' sale plan
(DBN)

Borders Wins Bankruptcy Court Approval for New Loan Terms, More Sale Time
(DBN)

GGP Sells Chapel Hills Mall at a Huge Loss
(DBN)

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Baseball:

Fox reportedly wouldn't back Frank McCourt in a bankruptcy scenario
(DBN)

Payroll deadline likely last straw for McCourt's regime
(DBN)

Frank McCourt: Shameless
(DBN)

Buying Dodgers intrigues Cuban despite 'mess'
(DBN)

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Rugby:

Top club faces bankruptcy
(DBN)

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Health Care:

Sheehan employees find paychecks bounce
(DBN)

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Awards:

Cooley's Bankruptcy Practice Honored at 2011 Turnaround Atlas Awards
(DBN)

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DOMA:

In Bankruptcy Court, a giant step for same-sex marriage
(DBN)

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Telecoms:

Is RIM the next Nortel Networks?
(DBN)

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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)

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Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

A Cram Session on Cramdown Interest Rates
(DBN)

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Litigation:

Delaware Bankruptcy Court Vindicates AutoZone in Four-year Litigation by Chapter 7 Trustee
(DBN)

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Media:

Gannett signals a gloomy media future
(DBN)

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Orchestras:

Lenfest, others to help Philadelphia Orchestra leave bankruptcy
(DBN)

Cash-short Philly Orchestra announces big pledges
(DBN)

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Banking:

Hedge Funds Square Off Over WAMU
(DBN)

WaMu ally u-turns, now opposes bankruptcy plan
(DBN)

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Religion:

Lay employee pension accord clears way for bankruptcy case
(DBN)

Forensic accountant to review Milwaukee Archdiocese finances
(DBN)

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Brands:

10 Brands That Will Disappear in 2012
(DBN)

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Lehman:

Barclays Seeks Dismissal of Lehman $500 Million Claim to Unpaid Bonuses
(DBN)

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Aviation:

Man flies US Airways in women's underwear
(DBN)

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Mass Torts:

Transocean blames BP's oil well design for Gulf of Mexico disaster
(DBN)

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Tax:

CIT Says Tyco's Tax Claims 'Undermine' Reorganization
(DBN)

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Food/Beverage:

Allen's paychecks bounced as it fell into bankruptcy
(DBN)

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Television:

Mystery bidder on Seattle TV station: Michael Dell
(DBN)

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UK:

Insolvencies increase for middle-aged in UK's industrial heartlands
(DBN)

Retailers 'struggling with commercial property repayments'
(DBN)

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EU:

Sovereign, Corporate Credit-Default Swap Indexes Rise in Europe
(DBN)

German Companies Expect Euro Strength To Be Short-Lived
(DBN)

ECB's Stark: Further rescue measures without reform will be fatal
(DBN)

German Executives See Greek Default as Solution, Poll Finds
(DBN)

Merkel sees dangers in forgiving Greek debt
(DBN)

Navigating Eurozone insolvency supply risk
(DBN)

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PIGS:

Greek cabinet approves draft austerity law: official
(DBN)

EU asks banks to share the Greek burden
(DBN)

EU to pressure Greece amid bank rollover talks
(DBN)

France Discusses Greek Debt With Banks
(DBN)

Greece confidence vote calms some investors, yet default worries remain
(DBN)

No let-up in pressure on Greece despite vote
(DBN)

Dismay as Greek reform grinds to halt
(DBN)

Greece's End Game
(DBN)

El-Erian predicts Greek default
(DBN)

Growing Your Way Out Of Debt Is A Fantasy
(DBN)

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Denmark:

More Retailers Going Bankrupt In Country
(DBN)

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Copyright 2011