June 27, 2011

The Daily Bankruptcy News

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Law:

Bonus Watch: Hughes Hubbard Makes ‘Special Bonuses,’ As It Would Have Been Stupid To Call Them Spring Bonuses
(DBN)

Rutter, Hobbs & Davidoff Hit With $10 Million Malpractice Verdict
(DBN)

E-Discovery Malpractice Is More Common Than Perceived
(DBN)

Former partner sues Lieff Cabraser over fees
(DBN)

With Cleary Presiding, Nortel Patent Auction Could be Biggest Ever
(DBN)

Freshfields appoints new London leader in top-level City overhaul
(DBN)

Mergers put UK firms on map as Norton Rose joins global 50
(DBN)

Attorney Must Face $370 Million Fraud Trial
(DBN)

Law Firm Financial Stress—and Your Exit Strategies
(DBN)

Ka-Crash, Then Ka-Ching!: BigLaw Banks Big Bucks in Lehman Bankruptcy
(DBN)

Which UK Firms Top Associate Wannabes' Wish List?
(DBN)

How to Lose a Case With Simple Computer Cluelessness
(DBN)

Daddy Day Care: Taking Care of a Baby and a Solo Practice
(DBN)

Desperately Seeking Downtime
(DBN)

Attention New York Law School Grads
(DBN)

Details Emerge After BigLaw Associate's Death Following Arrest on Violent Child ---- Charges
(DBN)

Handicapping the Sweet 16 Field for 'Fictional Lawyer Madness'
(DBN)

‘Panic’ Isn't The Same As Self Defense
(DBN)

New Zoning Laws Allow for New Neighbors—Meet the Goats Next Door
(DBN)

Drunken Bicycling Prosecutor Will Be Replaced in Murder Case
(DBN)

Holy Search and Seizure, Batman!
(DBN)

Mark Cuban's Summary Judgment Motion Goes Viral
(DBN)

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Judges:

Judge Agrees to Unseal Records re Former Fellow Jurist
(DBN)

Man Arrested for Attempting to Force His Way Into Judge's Home
(DBN)

Wisconsin Judge Said to Have Physically Attacked Colleague
(DBN)

Wisconsin justice says court fight led to choking
(DBN)

5th Circuit Judges Shrug Off Critics, Hang Onto Oil Investments
(DBN - NY Times - Paywall Limit Possible)

Life Imitates Art in Suit Over 'Judge Karen'
(DBN)

Miami Judge Won't Step In to Protect Fugitive Bankers From Ecuador
(DBN)

ABA Report Calls for Significant Changes to Pa.'s Judicial Conduct System
(DBN)

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Wall Street:

Wall St futures point to gains for US equities
(DBN)

US stocks mixed over Greek drama
(DBN)

Market pros see choppier markets with stimulus end
(DBN)

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Layoffs:

Our World of Jobless Stagflation
(DBN)

You Work Harder, Someone Else Earns More
(DBN)

N.J.: 'Mini-WARN' Applies to Parents, Affiliates
(DBN)

Jobs Report: The Diss of the Wall Street Castoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

MBA supports some tightening of the reins on CFPB
(DBN)

The Consumer Financial Protection Bureau: Not Yet Open and Already Under Attack
(DBN)

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Municipalities:

Bankruptcy might not be an option for Harrisburg
(DBN)

Conflict Looms Over Harrisburg
(DBN)

Forgive us our debt
(DBN)

Lawyer wants to fight for Harrisburg
(DBN)

Harrisburg Mayor Thompson criticized for aggressively promoting religious beliefs
(DBN)

God and man in Harrisburg
(DBN)

Six-figure pensions for CA school administrators soar 650%
(DBN)

Sac Metro's new chief played role in Vallejo bankruptcy
(DBN)

U.S. Teachers’ Hours Among World’s Longest
(DBN)

State Gambling Revenues Rise in 2010
(DBN)

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Banking:

Sheila Bair Isn't Going Out Quietly
(DBN)

Central Banks Reach Deal on Capital Buffer
(DBN)

Citigroup Cites $2.7 Million in Customer Losses From Hack
(DBN)

FDIC Chair Sheila Bair: Government, Banks Suffer From 'Short-Termism'
(DBN)

Basel Committee Decision on Contingent Capital Backs U.S. Stance
(DBN)

U.S. won't challenge $276 million judgment for PSFS investors
(DBN)

Chase's Jamie Dimon: Why We're So Gloomy
(DBN)

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Oil/Gas:

Opening oil reserves will give cash-strapped consumers a break
(DBN)

______________

Retailing:

Deb Shops to file for Chapter 11 bankruptcy
(DBN)

______________

Hotels:

Innkeepers Judge to Approve Bankruptcy Plan, Hotel Sales
(DBN)

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Economy:

US economy grows at 1.9 pct clip in 1st quarter
(DBN)

Treasuries Advance on Concern at Greece Debt, US Slowdown
(DBN)

Do the Rich Need the Rest?
(DBN)

Economy Expected to Have Major Slide in Months Ahead
(DBN)

Economic growth must slow, warns BIS
(DBN)

Bernanke Public Approval Falls
(DBN)

Central bankers advise investors to lower expectations; suggest higher rates
(DBN)

FDIC's Bair: Time to Raise Interest Rates
(DBN)

Obama: We Can't Just Cut Way to Prosperity
(DBN)

Dems: Measures to raise tax revenue not the same as tax hikes
(DBN)

Obama Steps into Debt Talks
(DBN)

Boehner Challenges Obama on Debt, Taxes
(DBN)

DeMint Warns GOP Members on Debt Limit
(DBN)

The Urge to Purge
(DBN - NY Times - Paywall Limit Possible)

Do Tax Cuts Ever Increase Gov't Revenue?
(DBN)

History: The battle of 1937
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Switching Foreclosure Rules in the Middle of the Game
(DBN)

NAHB: 17.2 million homes not eligible for federal funding if loan limit drops
(DBN)

More consumers forced to rent due to foreclosure
(DBN)

Strategic Default Rate Still High
(DBN)

Suits allege Fannie, Freddie owe millions in real estate transfer taxes in Michigan
(DBN)

Evicted Politician Accused of Stealing Homes From Fannie Mae
(DBN)

Report: Owners of The Georgian in Silver Spring File for Chapter 11
(DBN)

Freddie Mac settles with TBW to clean-up mortgage mess
(DBN)

Farkas could get 385 years in prison if DOJ has its way
(DBN)

Fitch sees more CMBS 2.0 risk with higher LTVs
(DBN)

_____________

Anna:

The Posthumous Court Battle that Will Never Die
(DBN)

______________

Fraud:

Conrad Black Must Go Back to Federal Prison, Judge in Chicago Rules
(DBN)

Ancillary Rothstein Proceedings Churn On
(DBN)

Madoff Trustee Demands $19 Billion in Damages
(DBN)

Bigger pay-out sought for Madoff victims
(DBN)

HSBC can expect July ruling in Madoff trustee suit
(DBN)

U.S. Seeks Life for Ex-Taylor Bean Chairman Farkas Over $3 Billion Fraud
(DBN)

SEC Seeks $10M From Moody's Tipster In Galleon Scheme
(DBN)

Scruggs Tries To Nix Honest Services Conviction
(DBN)

Emails paint shale gas as next big Ponzi scam
(DBN)

______________

Aviation:

Elderly woman in end-stage leukemia asked to remove adult diaper during TSA search
(DBN)

TX Lawmakers AWOL for Vote on TSA Groping Bill
(DBN)

______________

Steel:

NH steel company files for bankruptcy protection
(DBN)

______________

Food/Beverage:

Harry & David Wins Court Approval to Send Bankruptcy Plan to Creditors
(DBN)

How to Succeed in the Wine Business (and How Not To)
(DBN)

______________

Financial Privacy:

Hackers Breached 90% of US Companies Surveyed in Past 12 Months
(DBN)

______________

Autos:

Saab can now afford to pay staff
(DBN)

Saab Story: The Board Bails
(DBN)

Automobile Rail Shipments at 2 Month High
(DBN)

______________

IP:

Bidding war seen at Nortel patent auction
(DBN)

______________

Health Care:

The Ugly Side of Cancer
(DBN)

______________

Resorts:

Jilted Resort Members Sue Golf Great Nicklaus
(DBN)

______________

Accounting:

Court rules fraud claims against Deloitte can be heard
(DBN)

______________

Oil/Gas:

Feds go after oil magnate's operations
(DBN)

Oil Oozes Through Your Life
(DBN)

Obama's Desperate SPR Oil Play
(DBN)

IEA: We Can Release Even More Oil
(DBN)

Speculator Oil Bets Back to Pre-Libya Levels
(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)

______________

Jurisdiction:

“Clear Heads . . . and Honest Hearts” – United States Supreme Court Pares Bankruptcy Court Jurisdiction in the Anna Nicole Smith Case
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Litigation:

Flash From the Past?: New Credit Crisis-Related Securities Suits Filed
(DBN)

______________

Compensation:

Companies Hide Disparity in CEO, Worker Pay
(DBN)

______________

Cross-Border:

The hazards of dual-filed reorganization proceedings in Canada and the United States
(DBN)

______________

UK:

U.K. Wants Banks to Help Greece Avoid Default, Observer Reports
(DBN)

Profligate Britain risks suffering its own Greek tragedy
(DBN)

Have banks been hiding their losses?
(DBN)

Jane Norman shops shut as potential pre-pack looms
(DBN)

Opposition mounts against planned pre-pack administration changes
(DBN)

"Pledges to tighten pre-pack rules won't work"
(DBN)

'Malls will empty' as UK retail faces grim summer
(DBN)

Lloyds Has Largest Exposure To Risky Loans
(DBN)

Appointment of Administrators - 24 June 2011
(DBN)

Winding Up Petitions - 24 June 2011
(DBN)

______________

EU:

Euro on defensive as Greece worries persist
(DBN)

EU Ties Fraying Over Debt Crisis, Borders
(DBN)

What Europe Can Learn From Asia's 1997 Crash
(DBN)

Soros: 'Probably inevitable' a country will exit euro
(DBN)

'The German Government Will Pay Up'
(DBN)

China to Stay Long Term Investor in EU Debt
(DBN)

______________

Canada:

Debtor-in-possession lending charge: when a super-priority charge is not so super
(DBN)

______________

PIGS:

Greeks narrowly support austerity measures: poll
(DBN)

Greek reforms may be hard to deliver, warns deputy prime minister
(DBN)

Stop Worrying About a Greek Default
(DBN)

Analyst says bankruptcy is certain
(DBN)

Greece: Mount Olympus or Mounting Debt?
(DBN)

Global Banking is What's Really in Crisis
(DBN)

Vulture funds to profit from a second Greek bailout
(DBN)

Is Greece avoiding the inevitable?
(DBN)

Redwood: Greece is already bankrupt
(DBN)

French Banks Said to Offer 70% Greek Government Debt Rollover
(DBN)

French banks could buy EFSF-backed bonds in deal
(DBN)

Greek rebel lawmakers may block austerity
(DBN)

EU may fracture if Greece fails
(DBN)

Distrust of Government Impedes Reform in Greece
(DBN)

Europe worried about Spain not Ireland - Irish finance minister
(DBN)

Spain's Building Spree Leaves Many White Elephants
(DBN)

New Irish legislation seeks to end bankruptcy after five years
(DBN)

Former farmer risks bankruptcy by taking Bank of Ireland to court
(DBN)

IE: 'Outdated' insolvency law to get overhaul
(DBN)

Bill to allow bankruptcy to end after five years
(DBN)

______________

China:

China's Stocks Rise, Capping Longest Winning Streak in 4 Months
(DBN)

ICBC Among 5 Banks That Violated Loan Rules, China Auditor Says
(DBN)

______________

MENA:

Failed Nasrallah pretends bravery
(DBN)

Kuwait Finance House Seals $180 Million Debt Restructuring Deal
(DBN)

Egypt Drops Plan for IMF Loan
(DBN)

______________

New Zealand:

Holidaying Henderson due back next week
(DBN)

______________

Australia:

Centro Directors Breached Debt Disclosure Duties, Judge Says
(DBN)

______________

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Copyright 2011