June 29, 2011

The Daily Bankruptcy News

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Law:

Which BigLaw Firms Are in the Lineup for the Dodgers' Bankruptcy?
(DBN)

Weil Litigation Co-Chair Leaves BigLaw to Launch Plaintiffs Firm
(DBN)

New York Has Largest Glut of (Unemployed) Lawyers in the Nation
(DBN)

Have you got a piece of this lawsuit?
(DBN)

Solo, Cravath Continue the Fight in 6-Year Battle to Win New Trial
(DBN)

Scalia Taps BigLaw Associate to Argue High Court Case DOJ Dropped
(DBN)

‘Rising Star’ in NJ Bar Charged in Hit-and-Run; Legal Assistant Initially Took the Blame for Crash
(DBN)

Jockeying for Feedback
(DBN)

Survey: Half of Law Firms Don't Seek Client Feedback
(DBN)

Do Small Firms All Hope To Grow Big?
(DBN)

Slaughters, Sidley report 100 per cent retention rates
(DBN)

The 2011 Diversity Scorecard: Back on Track?
(DBN)

Washington, D.C.'s 20 Most Influential In-House Attorneys
(DBN)

Four Things That Suck But Are Ethical :)
(DBN)

What are the Preservation Obligations for Litigation Non-Parties?
(DBN)

I’ll Take the Pen is Mightier for $500, Alex
(DBN)

Lawyer Disbarred for Verbal Aggression to Pay $9.8M Fine for Hiding Cash Overseas
(DBN)

Beware Of Bleeders!!!
(DBN)

Wyoming Home Is a ‘Little Cayman Island’ for Shell Companies
(DBN)

“Somalia has slightly higher standards than Wyoming and Nevada” (Corporate Secrecy Edition)
(DBN)

Attorney Called For Traveling Violation
(DBN)

Spousal Abuse Draws Lengthy Suspension
(DBN)

Superior Intellect Does Not Assure Competence
(DBN)

Lawyer Needed For Intimidation Only
(DBN)

Citigroup, Philip Morris, Meat Industry, Goodyear, UBS, BTA in Court News
(DBN)

UBS, BofA, MBIA, Carl Icahn, Merrill, Google, Credit Suisse in Court News
(DBN)

New Rule -- No Dumb Discovery Objections!
(DBN)

Man hits pedestrian, keeps driving with dead victim in passenger seat
(DBN)

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Judges:

Judge Alex Kozinski and his Famous Law Clerk, Stephanie Grace, Say The Fourth Amendment is Dead
(DBN)

Should Justices Keep Their Opinions to Themselves?
(DBN)

Court Junkies Churn Out Stats on the Supremes
(DBN)

Sandra Day O'Connor: "I Couldn't Get a Job in a Law Firm"
(DBN)

Justices who will shape Supreme Court’s future are matching pairs
(DBN)

Justice Kennedy Played Crucial Rule in High Court’s Term
(DBN)

Tribunal for Disputes Over Financial Instruments to Launch
(DBN)

Defendant Loses Appeal Based on Judge’s ‘Go Native’ Remark
(DBN)

New rule takes aim at judges and their campaign supporters
(DBN)

The Latest on the Wisconsin Chokehold
(DBN)

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Wall Street:

US stock index futures rise ahead of Greek vote
(DBN)

U.S. Stocks End Strong, Though Volume Slips
(DBN)

Stocks soar on housing data
(DBN)

Wall Street Wielding the Ax
(DBN)

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Layoffs:

Disappearing Middle-Class Jobs
(DBN)

Florida Reduces Benefits for Jobless
(DBN)

Campbell Soup to cut 770 workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Central Falls receiver closes public library, community center
(DBN)

City mayor calls RI receiver a 'dictatorship'
(DBN)

The Fall of Central Falls
(DBN)

Central Falls mayor stripped of duties urges state-appointed receiver to file for bankruptcy
(DBN)

Pa. Senate OKs bill to limit Harrisburg bankruptcy
(DBN)

People give Harrisburg's Act 47 plan a cool reception
(DBN)

Harrisburg citizens: Failed by the government at every level
(DBN)

Virginia named America's Top State for Business in 2011
(DBN)

Moving Up The Rankings of Top States For Business
(DBN)

Nearly half of states close budget gaps with cuts
(DBN)

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Autos:

Saab Can Pay Workers... To Do Nothing
(DBN)

Saab Selling Assets to Raise Cash
(DBN)

Auto Ad Spending Down Drastically
(DBN)

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Baseball:

The Good Faith of the Dodgers
(DBN)

Dodgers Didn't Have Authority to File Bankruptcy , MLB Says
(DBN)

Dodgers' jokes fly after bankruptcy
(DBN)

Bankruptcy judge grants routine motions to keep Dodgers operating
(DBN)

Frank McCourt gets his money, for now
(DBN)

Baseball Pushes Dodgers for Cheaper Bankruptcy Loan
(DBN)

MLB 'probably' will try to take Dodgers
(DBN)

Why Tuesday was better for MLB than McCourt
(DBN)

MLB court filing blasts Dodgers owner Frank McCourt for the financial woes facing L.A. baseball club
(DBN)

McCourt keeps Dodgers for now, may get loan from MLB
(DBN)

Baseball Blasts Dodgers Bankruptcy Loan
(DBN)

A Major-League Divorce
(DBN)

The LA Dodgers fall prey to CEO capitalism run amok
(DBN)

Frank McCourt has disconnected with his most important supporters
(DBN)

Dodgers Bankruptcy Could Help Mark Cuban Buy The Team
(DBN)

Dodgers won't sell 'Chapter 11' jerseys
(DBN)

Battle over Dodgers moves on in bankruptcy court
(DBN)

The Bankruptcy Court Pregame Show
(DBN)

Bankruptcy filing reveals Manny Ramirez owed $21M
(DBN)

Jones "not worried'' about Dodgers bankruptcy
(DBN)

Chavez Ravine = money pit?
(DBN)

Dodgers on the hook to Canadian contingent
(DBN)

Warning to J.P. Morgan Chase, Time Warner, Fox: Help Frank McCourt and feel the wrath of Los Angeles
(DBN)

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Hotels:

Amalgamated Bank Can Credit-Bid for O'Hare Hotel, Court Says
(DBN)

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Trucking:

YRC Worldwide shareholders throw it in Reverse
(DBN)

______________

Tax:

Biggest Tax Cheats Would Win on Tax Break
(DBN)

Fed’s Kocherlakota Calls on Congress to Change Tax System, Discourage Debt
(DBN)

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Economy:

Worst demand in a year for U.S. 5-year debt sale
(DBN)

Treasurys fall on hopes Greece will avoid default
(DBN)

Ron Paul: US Should Declare Bankruptcy
(DBN)

Don't believe the debt-ceiling doomsday hype.
(DBN)

US consumer confidence down again
(DBN)

Coburn, Lieberman to Unveil Medicare Plan
(DBN)

Bachmann's husband got $137,000 in Medicaid funds
(DBN)

Grover Norquist Is Willing to Sacrifice All Your Grandmothers to Not Raise Taxes
(DBN)

Debt Debate Puts GOP Freshmen in Fix
(DBN)

Lessons Learned from the Recession
(DBN)

3.5 Out of 4
(DBN - NY Times - Paywall Limit Possible)

Old America And Young America Are Beginning A Heated Competition For Resources
(DBN)

Do The Too Big To Fails Have A Place In A Capitalist Economy?
(DBN)

In Pictures: Billionaires' Pay
(DBN)

This Woman May Soon Be Richer Than Carlos Slim And Bill Gates
(DBN)

Economic Dashboard
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

S&P/Case-Shiller Reports Seasonal Bump In Home Prices
(DBN)

Are McMansions Coming Back in Style?
(DBN)

Homes For Sale inventory down 8.5% Year-over-year in June
(DBN)

Don't Jump at Case-Shiller Bounce
(DBN)

Home-price index rises, but more declines forecast
(DBN)

Home Prices in U.S. Cities Decreased 4% in April from Year Ago
(DBN)

Housing Market Healing Naturally, But Years Away From Normal
(DBN)

Real House Prices and Price-to-Rent
(DBN)

Fannie Mae to retroactively charge mortgage servicers for foreclosure delays
(DBN)

Homeownership goals still hotly debated as CFPB and Dodd-Frank regs take hold
(DBN)

Banks Can Predict Strategic Defaulters
(DBN)

Retiree Loses Everything After Bank Mistakes His House For Foreclosure
(DBN)

Homeowners deserve more than halfhearted mortgage relief
(DBN)

Late-pay O.C. mortgage rate falls 18%
(DBN)

Detroit home prices hit lowest level since 1993
(DBN)

South Florida home prices fall, hit new bottom
(DBN)

Dallas-area home prices down 4 percent from a year earlier
(DBN)

Chicago-area home prices set another recession low
(DBN)

Mapping Home-Value Drops by Zip Code
(DBN)

Wells, BofA donate vacant foreclosures to Land Bank
(DBN)

Fulton Homes settles with creditors in bankruptcy plan
(DBN)

S&P lowers Toll Brothers rating to junk
(DBN)

Judge to Trinitas: Keep it simple
(DBN)

Former home of McCains up for foreclosure auction
(DBN)

BofA near $8.5 billion settlement on securities
(DBN)

Bank of America: From ‘Hand to Hand Combat’ to $8.5 Billion Capitulation
(DBN)

Is China driving property bubbles abroad?
(DBN)

Mortgage Fraud Reports Up 31%
(DBN)

_____________

Lehman:

Lehman Files New Creditor Payback Plan With Broader Support
(DBN)

______________

Corporate Reform:

What Can The CFPB Do To Regulate Payday Lenders?
(DBN)

SEC Checks for Bubble Era IPO Practices
(DBN)

Senate Will Remain in Pro Forma Session During July 4th Break
(DBN)

SEC to propose conduct rules for swap dealers
(DBN)

______________

Fraud:

Madoff judge: Feeder fund investors cannot recover
(DBN)

Madoff Judge Approves $212 Million Deal With Feeder Funds
(DBN)

Madoff Trustee Serves Summons on Citigroup Feeder Fund Kingate Global
(DBN)

Madoff surprised he didn't get a public stoning
(DBN)

Bernie: pity me!
(DBN)

Bernie Madoff Still Unbelievably Clueless About How Bad His Crimes Were
(DBN)

Report: Madoff said judge caved to mob psychology
(DBN)

Madoff Says Judge Made Him a 'Human Piñata'
(DBN - NY Times - Paywall Limit Possible)

Judge Explains 150-Year Sentence for Madoff
(DBN)

Madoff strikes again, indirectly
(DBN)

'Catching Madoff': Harry Markopolos Documentary Reveals Ponzi Schemer Investigation
(DBN)

SEC recovers millions in hedge fund Ponzi case
(DBN)

How 'Bad Boy' Guarantees Can Make a Non-Recourse Loan Suddenly Become Recourse
(DBN)

Conrad Black to Wage War on Justice System
(DBN)

Letters Show Different Side of Lee Farkas
(DBN)

Utah named a top Ponzi
(DBN)

Hedge Fund Returns $230M to US
(DBN)

Ex-Credit Suisse Broker Has Resentencing Postponed for Fraud Convictions
(DBN)

______________

Media:

Tribune Co. seeks approval of bankruptcy plan
(DBN)

To Sue or Not to Sue: Tribune Creditors Submit Rival Plans
(DBN)

______________

Enron:

Enron loses appeal of pre- bankruptcy debt sale
(DBN)

______________

Aviation:

Pilots Union Files Complaint Against Former Mexicana Owners
(DBN)

______________

Golf:

Palm Desert Country Club Golf Course could soon be sold
(DBN)

______________

Food/Beverage:

Giordano's hearing called a 'sideshow'
(DBN)

______________

Celebs:

Lenny Dykstra 'Fans' Create Website to Raise Money For Former Star
(DBN)

Antoine Walker Pleads Guilty To Passing Bad Checks
(DBN)

______________

Consumer Finance:

Payday Lenders Persist
(DBN)

______________

Health Care:

Doctors aren't accepting new patients with private insurance either
(DBN)

______________

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)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Poetry:

Pen bankruptcy poem, win ticket to Yankees game?
(DBN)

______________

Miscellaneous:

Rochelle on Vitro, WaMu and Deb Shops Bankruptcies: BLAW
(DBN)

______________

Insurance:

Judge revives big banks' case vs. MBIA
(DBN)

Banks Can Sue MBIA Under Debtor Law, New York’s Highest Appeals Court Says
(DBN)

______________

Committees:

Equity Committee Appointed in HearUSA Bankruptcy Case
(DBN)

______________

Alternative Energy:

The Fading Era of Big Solar: Will Budget Woes Swamp the Industry?
(DBN)

______________

Telecoms:

Cash-strapped Teltronics files for Chapter 11 protection
(DBN)

______________

Accounting:

Large Accounting Firms Bungled 17% of Australia Audits, Regulator Says
(DBN)

US regulator sets out possible audit model changes
(DBN)

No support for changes in auditing rules
(DBN)

Record numbers of summer interns at PwC
(DBN)

Numbers of accountants up but fees falling
(DBN)

______________

Banking:

Basel Regulators Said to Scrutinize Banks' 'Flawed' Risk-Weighting Methods
(DBN)

Beal Becomes Billionaire With FDIC Assets as He Tops Poker Pros
(DBN)

______________

IMF:

Lagarde selected as next IMF managing director
(DBN)

Why Lagarde got the IMF job
(DBN)

The Mystery of Lagarde
(DBN - NY Times - Paywall Limit Possible)

IMF Appoints Lagarde To Fix A Disgraced Institution
(DBN)

What Christine Lagarde will need to do to heal IMF's 'open wounds'
(DBN)

The New IMF Leader And The Leather Pants
(DBN)

Let's Talk the Talk and Walk the Walk at the IMF
(DBN)

_____________

Sovereigns:

10 Countries Most Likely To Default: BlackRock
(DBN)

______________

UK:

83 Graduates for Every Vacancy
(DBN)

Consumer Spending Power Worst in 34 Yrs
(DBN)

Jane Norman pre-pack deal sparks a row
(DBN)

Salans, Linklaters advise on Habitat administration and UK brand sale
(DBN)

Lawyers back ban on referral fees
(DBN)

Appointment of Administrators - 28 June 2011
(DBN)

Dismissal of Winding Up Petitions - 28 June 2011
(DBN)

Leading business body urges suppliers to anonymously ‘name and shame’ late payers
(DBN)

Unwrapping English Pre-Packaged Administrations: A Guide To “Pre-Packs”
(DBN)

______________

EU:

ECB's Bosses Have Overstepped Mandate
(DBN)

ECB's Trichet warns on debt rule dithering
(DBN)

Does Europe have a death wish?
(DBN)

______________

Canada:

Supreme Court of Canada Upholds Secured Lender’s Claim to Collateral Secured by Fraud
(DBN)

Fraudulent conveyances/preferences and limitation periods
(DBN)

______________

PIGS:

Lagarde: Urges Greek Opposition To Back Austerity Plan
(DBN)

Papandreou Races to Avert Greek Default as Protests Besiege Austerity Vote
(DBN)

Greece's big fat Greek vote
(DBN)

Greek lawmakers seen backing austerity, future unsure
(DBN)

Real Time Austerity Vote Tracker And Live Parliament And Syntagma Square Video Stream
(DBN)

LIVE: The Greek Austerity Vote
(DBN)

BlackRock Index Gauges Sovereign Risk, Puts Greece At Bottom
(DBN)

Violence in the streets of Athens
(DBN)

Greek police clash with austerity protesters
(DBN)

Greek Protests Overshadow Budget Vote
(DBN)

Greece austerity: Cure or poison?
(DBN)

Why Greece will likely pass austerity measures, despite protests
(DBN)

Greek Rollover Plan Needs No-Default Rating
(DBN)

Would a Greek default be automatic doom?
(DBN)

In a Greek Default, Higher Risk for Money Market Funds
(DBN)

Details Emerge on Greek Debt Proposals
(DBN)

EU has contingency plan lined up if Greece rejects austerity: Sources
(DBN)

Olli Rehn: No Plan B For Greece To Avoid Immediate Default
(DBN)

Why the Greek crisis has global reach
(DBN)

Italy to Be Last Battle to Save Euro, Altman Says
(DBN)

As Greece goes, so goes Italy?
(DBN)

______________

Japan:

Tepco Management Under Fire At Stormy Shareholders Meeting
(DBN)

______________

Netherlands:

Dutch portfolio sale looms after failed refinancing talks
(DBN)

______________

Mexico:

Treatment of Bond Debt And Intercompany Claims Under Mexican Bankruptcy Law
(DBN)

______________

China:

Why China's local governments really want to default on their debts
(DBN)

China's Small Business Are Going Bankrupt, Disinvesting And Increasing Capital Outflows
(DBN)

Auditors Sharpen Queries in China
(DBN)

China's debt bomb
(DBN)

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Copyright 2011