June 3, 2011

The Daily Bankruptcy News

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Law:

Legal Outsourcing Firms Creating Jobs for American Lawyers
(DBN)

New NY State Bar Head Stresses Importance of Family
(DBN)

Gov. Lawyer Salaries Next on the Federal Chopping Block?
(DBN)

Bauer Leaves White House to Rejoin Perkins Coie
(DBN)

Is a Two-Tiered Associate Track the Way of the Future for Law Firms?
(DBN)

BigLaw Partner Scores Win in Retirement Fight; He’s an Employee, for Discrimination Law Purposes
(DBN)

Howrey team hands Shearman brace of clients
(DBN)

Survey Shows How UK Associates Rank Firms for Prestige, Perks
(DBN)

Law firm leaders are confident in face of changing marketplace
(DBN)

Should Non-Lawyers Be Allowed to Own Law Firms?
(DBN)

Lawyer Jacob Zamansky Interview About Goldman Sachs
(DBN)

Legal 500 Ranks Bracewell Bankruptcy Practice as U.S. Leader
(DBN)

Baker Hostetler’s Growth Continues in New York: Bankruptcy Lawyers Regina L. Griffin and Jorian L. Rose Join Business Group
(DBN)

DLA Piper's Lateral Hiring Binge Continues
(DBN)

A Social Events Guide for Summer Associates
(DBN)

Stop Apologizing!
(DBN)

The Principles of Nanagement: Taking micro-management to the next scale :)
(DBN)

Who Are This Year’s Celebrity Summer Associates?
(DBN)

Alternative Fee Agreements For Beginners
(DBN)

Firm calls in SRA over expense allegations
(DBN)

Why Some Small Firms And Small-Firm Lawyers Need Matchmakers
(DBN)

Firm defends decision to sell internship at auction
(DBN)

Gibson Dunn Hopes To Take A Prisoner in the Facebook Case
(DBN)

LSAT at the Center of Yet Another Disabilities Lawsuit
(DBN)

20 Influential Female Lawyers Every Law Student Should Know
(DBN)

Getting Grad Responses May Be Challenge to Law School Transparency
(DBN)

Smelly builders disrupt Law School
(DBN)

Penn Law Tops Number of Corporate Faculty Publishing Top Ten Articles
(DBN)

Lawyer Is Charged with Prostitution, Allegedly Tells Police She Gave It Up After Passing Bar
(DBN)

Rapping Lawyer’s Reality TV Misstep Replayed on YouTube
(DBN)

Another Reason to Love the Miami Heat — GC Raquel Libman
(DBN)

Stick that sage in your pipe and smoke it
(DBN)

Lawyer Says He Didn't Realize His License Was Suspended, Blames Office Disarray
(DBN)

Why the Attorney General of Massachusetts Has Giraffes on Her Desk
(DBN)

Attorney Shot at Law Office Among 5 People Reportedly Killed in Yuma, Ariz.
(DBN)

Slain Divorce Lawyer Represented Ex-Wife of Dead Gunman, Had Expected to Retire from Practice Today
(DBN)

Lawyer of the Day: What Kind Of Man Allegedly Messes With Another Man’s Vehicle?
(DBN)

Seattle Lawyer Snared in Parking Garage Sting
(DBN)

Bar owners ticketed over illegal mouse racing
(DBN)

Convicted drunk driver has right to sue bar that served him
(DBN)

Seismologists Charged With Manslaughter for Not Predicting 2009 Quake
(DBN)

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Judges:

Judge claims wife repeatedly punched herself in the face
(DBN)

Judge says his name was forged by Roythstein
(DBN)

Arizona Has a Caseload Problem; So Where are the New Judges?
(DBN)

______________

Wall Street:

Wall Street stock index futures point to falls
(DBN)

Stocks extend their plunge
(DBN)

Goldman Sachs subpoenaed
(DBN)

Want to Work at Goldman? Try China or India
(DBN)

______________

Layoffs:

Initial Jobless Claims Drop 6,000
(DBN)

Jobless Claims Fall Less Than Forecast in Sign U.S. Labor Market Weakening
(DBN)

10 Year Real Wage Gains Lower Than During Depression
(DBN)

Obama Likely to Face Highest Jobless Rate of Any Postwar Incumbent
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Moody's may cut BofA, Citi, Wells ratings
(DBN)

Is Citi’s Bailout Exit Fueling Banker Expansion?
(DBN)

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Retailing:

Retail chains post modest 4.9% sales growth in May
(DBN)

Borders lawyer says multiple parties eyeing stores
(DBN)

Borders sale may sell most bookstores in 2-4 weeks, lawyer says
(DBN)

Borders likely to request approval for sale later this month
(DBN)

Judge extends deadline for Borders
(DBN)

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Food/Beverage:

Judge OKs A&P plan to close 13 Superfresh stores
(DBN)

Superfresh Employees Left Hanging in Proposed ShopRite Deal
(DBN)

40 regional Burger Kings sold for $7M
(DBN)

Captain D's franchisee files for Chapter 11 Bankruptcy
(DBN)

Grocery chain executive guilty of bank fraud
(DBN)

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Ethanol:

Louisiana ethanol plant, could be sold whole or in pieces
(DBN)

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Autos:

The Inherently Ideological Evaluation of the GM Bailout
(DBN)

Fiat to Pay U.S. Treasury $500 Million for Government's 6% Chrysler Stake
(DBN)

Mazda axing US production, severing Ford ties
(DBN)

Lotus Warns of Job Cuts
(DBN)

______________

Corporate Reform:

Prosecution Of Goldman Could 'Threaten The US Financial System'
(DBN)

House Democrats Urge Recess Appointment to Consumer Bureau
(DBN)

The woman for the job: Elizabeth Warren has shown the mettle and knowledge to hold banking oversight post
(DBN)

Barney Frank: Sexism Fueling GOP Opposition To Elizabeth Warren
(DBN)

89 House Democrats Demand CFPB Appointment for Elizabeth Warren
(DBN)

Democrats (HEART) Elizabeth Warren
(DBN)

Elizabeth Warren And CFPB Face Coordinated Assault From Republicans, Bank Lobby
(DBN)

5 reasons why banks hate Elizabeth Warren
(DBN)

Grayson, Kucinich, Warren, and the Road to Hell
(DBN)

Ralph Nader: The Darth Vaders Of Business Law
(DBN)

Principal-Protected Notes Generate Warning From US Regulators
(DBN)

New York approves first Superintendent of Department of Financial Services
(DBN)

Tepid Regulatory Response to Loan Crisis Hinders Recovery Current Reaction Lacks RTC’s Aggressive Response to S&L Crisis
(DBN)

The new world of regulation by investigation
(DBN)

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Celebs:

Kevin Bacon says Madoff losses only bearable because of Kyra Sedgwick
(DBN)

'Octomom' to hold bikini car wash to save her California home from foreclosure
(DBN)

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Financial Literacy:

Oregon Takes Lead in Personal Finance Education
(DBN)

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Credit Reporting:

Use Of Alternative Credit Scoring Is Growing
(DBN)

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Economy:

Moody's Says US May Be Cut If No Progress on Debt Limit
(DBN)

'Growing risk of a short-lived default' in US: Moody's
(DBN)

U.S. Lawmakers Agree Moody’s Warning on Bond Rating a Call to Act on Debt
(DBN)

The Moody's Statement On US Debt Backfires
(DBN)

The Most Important Line In Moody's Big Credit Warning On The US
(DBN)

Treasury Continues To Dip Into Retirement Accounts, Prepares To "Take Out" $66 Billion Chunk To Make Room For New Bond Issuance
(DBN)

US Factory Orders Decline Broadly
(DBN)

Americans Lower Expectations for Making Money
(DBN)

QE2 Failed to Boost U.S. Spending, El-Erian Says
(DBN)

Recovery Languishes as Americans Await Signal of Better Times
(DBN)

Treasuries Drop on Rating Concern; 10-Year Yield Back Above 3%
(DBN)

Treasuries Head for Third Weekly Gain as Data Signals Slowing Job Growth
(DBN)

Fewer people applied for unemployment benefits
(DBN)

Fresh signs point to lousy May job report
(DBN)

US Economy's "You First" Problem
(DBN)

Fed's Summer of Discontent
(DBN)

Warning: Economic recovery at risk
(DBN)

Romney miscasts economy in GOP debut
(DBN)

Big Banks Borrowed Cash For Next To Nothing, Then Lent It Back to the Federal Government at Much Higher Rates
(DBN)

Skid Row shelter charges fees as economy toughens
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

CBO: Fannie, Freddie Guarantees to Cost Government $42 Billion
(DBN)

GSEs Shuffle Attorney Lineups
(DBN)

Fixed-rate mortgages drop to six-month low
(DBN)

Civil Rights Groups, Mortgage Lenders Unite Against 20% Rule on Home Loans
(DBN)

The Truth About The American Dream
(DBN)

Declining House Prices Weigh Heavily on Underwater Homeowners
(DBN)

Foreclosure Watch: It's Not as Bad as You Think
(DBN)

HUD Secretary Donovan: Foreclosure Settlement in a "matter of weeks"
(DBN)

Where Is Housing Headed?
(DBN)

Altos predicts a 'catfish recovery' for housing market
(DBN)

Evictors Beware! Southern District of New York Denies Postpetition Rent to Landlord Stayed from Executing a Warrant of Eviction
(DBN)

Lender Settles Fair Housing Case, Will Pay $765K, Avoid Nixing Mortgages Due to Maternity Leaves
(DBN)

Mortgage Recording ‘Fix’ Falls Short in Oregon
(DBN)

Vegas: New homes springing up amid abandoned developments
(DBN)

Mortgage bankers press FHA to use e-signatures
(DBN)

MI bill would deepen angst over housing
(DBN)

Beshear signs vacant houses blight bill
(DBN)

Even After Mortgage Modification, Shoddy Bank Practices Continue to Hurt Homeowners
(DBN)

Federal Reserve says Housing Slump Could Mean Bigger Trouble
(DBN)

Florida court defends 'rocket docket' foreclosures in its final month
(DBN)

ACLU counters Florida court, calls 'rocket docket' unconstitutional
(DBN)

Florida condos sold at 89% discount
(DBN)

Luxury home icon explains bankruptcy
(DBN)

Philadelphia Rittenhouse Developer Appeals Dismissal of its Chapter 11 Case
(DBN)

Credit Suisse, owners spar over Lake Las Vegas
(DBN)

Investors Howard and Sandra Marks file for bankruptcy protection
(DBN)

Texas mortgage broker association files bankruptcy
(DBN)

CMBS dip a blip: Barclays
(DBN)

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Fraud:

Rakoff Tapped for Mets Suit Against Madoff Trustee
(DBN)

NY prosecutors probe Goldman on crisis
(DBN)

Former Madoff Employee Eric Lipkin to Plead Guilty, US Prosecutors Say
(DBN)

Madoff's brother puts NY mansion on the market
(DBN)

The Madoff auctions send a message to criminals–you will get caught!
(DBN)

3 accused in federal lawsuit of Neb. Ponzi
(DBN)

Items From Ex-Financier Stanford Up For Auction
(DBN)

Now's Your Chance To Own A Very Tacky Piece Of Allen Stanford's Ponzi
(DBN)

A Trader, an F.B.I. Witness, and Then a Suicide
(DBN - NY Times - Paywall Limit Possible)

Insider Trading Trial Where BigLaw Spies Sold Client Secrets Nears End
(DBN)

Report: BigLaw Attorney in Insider-Trade Case Didn't Open Firm Docs, Allegedly Just Used Title Info
(DBN)

Catch Me if You Can: Guarding Firm Data From Insider Trading
(DBN)

John Paulson Could Lose Up To $650 Million On Latest Alleged Chinese Fraud
(DBN)

______________

Sovereigns:

Moody's warns US gov't on possible debt downgrade
(DBN)

______________

Utilities:

Calpine settles largest remaining bankruptcy claim
(DBN)

______________

Health Care:

Extension granted for Kentuckiana hospital’s reorganization
(DBN)

Doctors stick patients with paperwork fees
(DBN)

Costly flaws in U.S.'s digital health-data plan
(DBN)

Hackensack asks NJ for permission to reopen Pascack Valley Hospital
(DBN)

Obama solicitor general: If you don't like mandate, earn less money
(DBN)

______________

Religion:

Crystal Cathedral Keeps Exclusive Control of Reorganization
(DBN)

Abuse plaintiffs to sue Vatican
(DBN)

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Corporate Governance:

Must-Read Opinion: Delaware Court Rejects Bid to Block Massey Merger
(DBN)

Corporate Governance At-A-Glance
(DBN)

______________

Fashion:

Children's Clothing Designer With Tori Spelling Line to Liquidate
(DBN)

______________

Aviation:

Fees Erase the 'Free' From Frequent Flier Awards
(DBN - NY Times - Paywall Limit Possible)

______________

Baseball:

Report: Tigers one of nine MLB teams violating debt rules
(DBN)

______________

Newspapers:

Brown Publishing Gets Court Approval for Plan
(DBN)

______________

Forex:

Forex Fund Celeritas Markets Approaches Liquidator -Source
(DBN)

______________

Document Management:

Court Approves Sale of Bowe Bell + Howell Assets to PE Firm Versa Capital
(DBN)

______________

Accounting:

KPMG Sued for $350 Million in Gender Discrimination Lawsuit
(DBN)

______________

Education:

For-Profit Colleges Get More Time to Comply With Aid Rules
(DBN)

Revision of College Prospects Looks Overdone
(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)

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Bankruptcy Statistics:

Bankruptcy Filings Decline
(DBN)

Drop in Bankruptcies Continue
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Involuntary Bankruptcy:

Developer Tim Blixseth Asks Judge to Punish Montana Tax Officials
(DBN)

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Personal Bankruptcy:

Bankruptcy Court Allows Same-Sex Joint Case
(DBN)

______________

Bankruptcy Reform:

House Bill Introduced To Change Dischargeability of Private Student Loans
(DBN)

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Media:

Tribune Retirees File $109 Million Suit Against BofA, Goldman Over Buyout
(DBN)

______________

Insurance:

Covered or Not Covered, That is the Question: A Discussion of Directors & Officers Insurance Coverage Issues
(DBN)

In Wake of Natural Disasters, Insurers Brace for Big Losses
(DBN)

______________

Horticulture:

Plant Grower Markets Vibrant Assets
(DBN)

______________

Compensation:

WaMu wins deferred-compensation battle
(DBN)

The perils of paying CEOs with stock
(DBN)

Nomura Cut Top 10 Executives' Pay 38%
(DBN)

______________

Municipalities:

CA: Assembly approves bill to slow local government bankruptcies
(DBN)

California bill on municipal bankruptcy intervention advances
(DBN)

Missouri Legislature leaves Second Injury Fund decision on the table
(DBN)

Stockton: We're No Vallejo, But ...
(DBN)

Is Providence “Too Big To Fail”?
(DBN)

______________

Debt Collection:

Debt Collection Agencies Gone Wild
(DBN)

______________

Hotels:

Crowne Plaza Hotel Could Get New Owner After Bankruptcy Proceedings Collapse
(DBN)

Parker Inn remakes itself in wake of bankruptcy filing
(DBN)

Lodging Opportunities Group to enter hotel hunt
(DBN)

Where’s the love for distressed hotel owners?
(DBN)

______________

Tax:

Corporate Tax Hearing Shows Obstacles to Reform
(DBN)

IRS chief apologizes for employees' rudeness
(DBN)

IRS Grills Taxpayers on Offshore Accounts
(DBN)

IRS: Huge Increase in Taxpayer ID Theft
(DBN)

______________

UK:

High Court orders six land banking companies to close
(DBN)

McInerney Homes debt burden revealed
(DBN)

Southern Cross: When carers fail
(DBN)

Southern Cross landlord loses half of its rent
(DBN)

Thousands of care homes may close in council cuts
(DBN)

Appointment of Administrators - 2 June 2011
(DBN)

Winding Up Petitions - 2 June 2011
(DBN)

______________

EU:

EU agrees in principle on new Greek plan
(DBN)

EU should control member states' budgets, says bank boss
(DBN)

______________

Canada:

US 'debt resettlement' firm draws Canadian warnings
(DBN)

Taking a second look at lessors' risk in airline insolvencies in Canada
(DBN)

Priszm closes 30 locations, receives court OK for sale of 204 restaurants
(DBN)

______________

PIIGS:

New Greece aid package 'agreed'
(DBN)

Greece agrees to more cuts and tax rises as price of next bailout
(DBN)

Shrinking the Greek State
(DBN)

Greek unions call general strike against new austerity steps
(DBN)

Leftist group blockades Greek finance ministry
(DBN)

Moody's downgrades Greek banks
(DBN)

Cost of peripheral eurozone debt rises
(DBN)

IE: Unemployed man sells himself on billboard
(DBN)

Bank of Ireland rescue hits share and bond holders
(DBN)

______________

Latin America:

The Greek Debt Crisis in the Latin American Mirror
(DBN)

______________

Australia:

Govt to introduce insolvency reforms
(DBN)

Insolvency reviews continue to sing from the same song sheet
(DBN)

Inquiry becomes damp squib as government waters down recommendations
(DBN)

Creditors could get powers over liquidators
(DBN)

Insolvent unit trusts in Australia
(DBN)

Emails reveal pre-collapse fears for ABC Learning
(DBN)

______________

China:

China's Factories Squeezed by Credit
(DBN)

Chinese Economic Slowdown May Lead to 75% Plunge in Commodities, S&P Says
(DBN)

______________

Indonesia:

Judicial Commission wants court to discharge bankruptcy judge in bribery scandal
(DBN)

KPK confiscates foreign exchange on the arrest of bankruptcy judge
(DBN)

______________

New Zealand:

Insolvency bill 'loopholes' criticized
(DBN)

______________

MENA:

Barclays is First Bank to Sell Repossessed Dubai property
(DBN)

______________

St. Kitts and Nevis:

St Kitts and Nevis to Seek the Support of Its Creditors
(DBN)

______________

Mexico:

Understanding creditors' rights in Mexico
(DBN)

______________

Ukraine:

Ukraine cbank warns government on economy, urges IMF talks
(DBN)

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Copyright 2011