June 30, 2011

The Daily Bankruptcy News

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Law:

The Lawyer Behind the Bank of America Settlement
(DBN - NY Times - Paywall Limit Possible)

Wilmer Tries to Head Off $214 Million In Malpractice Payments
(DBN)

DLA Piper Withdraws From Paul Ceglia’s Facebook Lawsuit, And Now The Firm Looks Quite Foolish
(DBN)

With DLA Out of the Fight, Facebook and Gibson Dunn Are Firmly in Control in Ceglia Case
(DBN)

Will DLA face sanctions in Facebook case?
(DBN)

Gibbs & Bruns deserves its $85 mill if BofA MBS deal is approved
(DBN)

Why Is Duane Morris in Vietnam?
(DBN)

Eversheds eyes US presence as firm gears up to go global
(DBN)

Fraud Suit Against Former Winston Partner Can Go Forward
(DBN)

SNR takes tough line on exit terms as partners quit and UK PEP falls 36%
(DBN)

SNR Denton chief tells partners to hold their nerve after 35 per cent slump in UK PEP
(DBN)

A&O to Launch Second US Office with O’Melveny Hires
(DBN)

Obama Healthcare Law Backed by US Appeals Court
(DBN)

Lawyer Withdraws His Motion Objecting To Breasts Of Opposing Counsel’s Wife, But This Is Not Over
(DBN)

Avoid These 10 Rookie Associate Mistakes
(DBN)

Browse Securely Over Public WiFi? Not
(DBN)

Keep Criticism of Opposing Counsel Respectful
(DBN)

Too BigLaw to Blawg?
(DBN)

"Lawyers cannot contribute anything. This is not a legal matter"
(DBN)

Newly Installed Plane Parachute Credited with Saving Lawyer’s Life
(DBN)

Serial Lawyer Stabber Found Fit to Stand Trial
(DBN)

Hey, Fourth Tier: We Do Not Need Coloring Book Law Journals
(DBN)

Unruly 'scam bloggers' are changing legal education, researcher argues
(DBN)

20 Ways to Write Like a Tool
(DBN)

Blagojevich Likely to Be Disbarred
(DBN)

RollOnFriday Explains The Lawyer Awards
(DBN)

DOJ Wants Suit Over Hiring the Sub-Best and Non-Brightest to Just Go Away Already, Sheesh
(DBN)

BofA, Citigroup, JPMorgan, Health-Care Law, TCF in Court News
(DBN)

It's crowded in here. . .
(DBN)

Cops Just Love Those Tasers
(DBN)

Designated Driver? We Don't Need No Stinkin Designated Driver
(DBN)

Deputies: Woman Sprayed Us With . . .
(DBN)

Charging of cellphone in public leads to electricity theft charges
(DBN)

Bismarck's Descendant Is At It Again!
(DBN)

Mom Kills Baby for Waking Her Up -- Then Takes Him Shopping
(DBN)

______________

Judges:

Rappers and Rhymes Appear More Often in Opinions as Judges Seek to Break Up the Monotony
(DBN)

Big business scores key Supreme Court term wins
(DBN)

Sonia Sotomayor: The Public Face Of The Supreme Court Liberals
(DBN)

Judges Beware, Because Some Defendants Just ‘Go Native’
(DBN)

Isn't It Romantic? That's the Question as Probe of Judge and Prosecutor's Relationship Continues
(DBN)

Budget Spells Cuts for California Judiciary
(DBN)

Lawyer-arbitrator friendship prompts $22 million rebuke
(DBN)

Court Jesting: The Art of Pop Judging
(DBN)

______________

Wall Street:

Stock futures signal more gains for equities
(DBN)

Goldman will lay off 230 employees in NYC
(DBN)

______________

Layoffs:

Berkline says it did not violate WARN act in plant closing
(DBN)

Layoffs Watch ’11: Goldman Sachs
(DBN)

Most Cities Post Annual Drop in Unemployment
(DBN)

Jobless Up in More Than Half of US Cities
(DBN)

Underemployment Tougher on Highly Educated Americans
(DBN)

The U-Shaped Jobs Recovery
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Banking:

Bank of New York Files Petition for $8.5 Billion Bank of America Accord
(DBN)

BofA $8.5 billion settlement likely faces legal fight
(DBN)

BofA “Settlement”: Not a Done Deal, and Not a Good Deal for Investors
(DBN)

Bank of America to Set Aside $14 Billion in Mortgage Deal
(DBN - NY Times - Paywall Limit Possible)

Bank Of America's $20 Billion Subprime Moment
(DBN)

Investors, creditors stand to benefit from BofA settlement
(DBN)

Bank of America: Talking Tough, Then Settling
(DBN)

BofA Haunted by Countrywide Deal
(DBN)

Bank of America: Too Big to Follow the Law
(DBN)

Bank of America Slays Countrywide Beast
(DBN)

Moody's takes a shine to Bank of America
(DBN)

BofA Debt Rides Higher On Settlement, Moody's Comments
(DBN)

Bank of America Settlement May Create Expensive Bank Benchmark
(DBN)

Bank Of America Cuts 60 Jobs In Sales And Trading
(DBN)

Find the Lost Treasures of WaMu
(DBN)

______________

Baseball:

M.L.B. Is Said to Look Into a Plan to Take Control of the Dodgers
(DBN)

Should the Dodgers be seized by MLB? [Poll]
(DBN)

Mets' Collins: Dodgers' financial turmoil 'depressing'
(DBN)

How the Los Angeles Dodgers' Bankruptcy Could Lead to Success
(DBN)

McCourt's Retort
(DBN)

Hearing on Dodgers' financing set for mid-July
(DBN)

The Dodgers Domino Effect
(DBN)

7 lessons from the baseball team's high-profile bankruptcy
(DBN)

How Bankruptcy Can Lead to Victory
(DBN)

Moral Hazard And The Dodgers Bankruptcy Bailout
(DBN)

Five ways people are making money off Dodgers bankruptcy
(DBN)

Los Angeles Dodgers' bankruptcy could hurt Glendale
(DBN)

______________

Gambling:

Soffer's Fontainebleau Las Vegas spending draws fire in lawsuit
(DBN)

Judge halts Twin River reorganization
(DBN)

Online gambling site Full Tilt Poker shut down
(DBN)

______________

Economy:

U.S. economy on slow-growth road, IMF says
(DBN)

IMF warns US of debt 'shock'
(DBN)

Cost of US Wars Now $3.7 Trillion and Counting
(DBN)

Fed Befuddled by Latest Economic Developments
(DBN)

A Huge Number Of Americans Believe The Economy Has Now Entered "Permanent Decline"
(DBN)

Why QE2 Isn't Over When QE2 Is Over
(DBN)

Obama: Eliminate Tax Breaks For Rich, But Not Middle Class
(DBN)

Obama Calls People Earning $250,000 a Year ‘Jet Owners’
(DBN)

Bleak View of US Economy Spreads to the Rich
(DBN)

Obama: GOP position on debt limit not "sustainable"
(DBN)

Could Obama Just Ignore the Debt Ceiling?
(DBN)

Full Text: Geithner Letter Responding to Republicans on Debt Limit
(DBN)

GOP Not Feeling Rushed to Lift the Debt Limit
(DBN)

S&P will slash US rating to a D if it misses one payment
(DBN)

Debt Ceiling Charade Update: S&P Warns on Default
(DBN)

Obama Wants Hedge Fund Managers And ‘Corporate Jet Owners’ To Do Their Part To Help Bring Down The Deficit
(DBN)

U.S. is not the next Greece
(DBN)

Fed’s Raskin Paints Grim Picture of Recovery
(DBN)

Bank's Fisher warns of risks in new search for yield
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Contracts to buy homes rose sharply in May
(DBN)

U.S. mortgages improving; legal challenges loom
(DBN)

Early stage mortgage delinquencies drop to 3-year low
(DBN)

Seriously delinquent mortgages, foreclosures outnumber distressed sales 50:1
(DBN)

After Foreclosure: The Bounce Back Buyers
(DBN)

US Bank Halts Evictions in Oregon After Judge Reverses Foreclosure
(DBN)

Foreign investors flush with cash stabilize Fla. home prices, hurt mortgage lending
(DBN)

Mortgage applications decline 2.7%
(DBN)

Report: Troubled Mortgages Still Plague Banks
(DBN)

Audit shows 75% of mortgage assignments invalid in Mass. county
(DBN)

Bank of America home loans settlement to cost $8.5 billion
(DBN)

Bank of America settlement: Not done yet
(DBN)

Owner of 10 Bronx buildings goes bust
(DBN)

Starwood, FDIC win Artecity auction
(DBN)

KB Home 2Q loss widens to $68.5 million
(DBN)

Hawaii Judiciary: We Can't Handle Foreclosure Flood
(DBN)

Wall Street Would-Be Hamptons Buyers No Longer Interested In ‘Looking Like Chumps’
(DBN)

Cuyahoga indictments target nine former Argent Mortgage employees
(DBN)

Regulators subpoena Ally Financial in mortgage probe
(DBN)

Realtors Steamed About HUD Foreclosure Delays
(DBN)

America's Healthiest Housing Markets
(DBN)

Fannie Mae Silence on Taylor Bean Mortgages Opened Way to $3 Billion Fraud
(DBN)

Subsidized Housing Tenants Live Large On Public Dime
(DBN)

_____________

Fraud:

WaMu Judge Allows More Creditors to Join Insider Trading Probe of Funds
(DBN)

Funds Slam WaMu Trading Investigation
(DBN)

SEC Civil Action Against Ex-Goldman Director ‘Postponed Indefinitely’
(DBN)

White Collar Criminal Hopes Good Deeds Will Lead to Lighter Sentence
(DBN)

______________

Hedge Funds:

John Paulson may catch a break on Bank of America deal
(DBN)

______________

Credit/Debit Cards:

Court Denies TCF Financial's Bid To Delay New Card-Swipe Rules
(DBN)

Debit-Card Swipe Fees Will Be Capped at 21 Cents: Fed
(DBN)

Visa, MasterCard Climb as Fed Increases Caps on Debit-Card Fees
(DBN)

The Fed caves in to banks, interchange edition
(DBN)

______________

Lehman:

Lehman Reaches Agreement With Creditors on Liquidation Plan
(DBN)

Citigroup in Settlement With Lehman Europe Over $2.5 Billion in Assets
(DBN)

Lehman Gets Consent for New Liquidation Plan From Goldman Sachs, Paulson
(DBN)

______________

Publishing:

Nebraska Book Wins Approval of $125 Million Bankruptcy Loan
(DBN)

______________

Health Care:

Bamberg County Hospital Files for Chapter 9 Bankruptcy
(DBN)

Judge: Randolph Medical Center Cannot File for Bankruptcy
(DBN)

New Hospital Activists Drop St. Vincent's Appeal
(DBN)

______________

Municipalities:

Pa. Senate passes bill that would appoint committee to sell off public assets of underwater municipalities
(DBN)

Act 47 mandate plan advances in House Committee
(DBN)

Bracey opposes Act 47 changes for bankrupt municipalities
(DBN)

______________

Orchestras:

Philly Orchestra's legal fees mount in bankruptcy case
(DBN)

______________

Tax:

Obama Targets Tax Breaks
(DBN)

______________

Compensation:

Deferred Pay Lets Executives Avoid 401(k) Caps
(DBN)

Pay Tally Up 19% for Finance Chiefs
(DBN)

______________

Small Business:

What Some Banks Don't Want You to Know
(DBN - NY Times - Paywall Limit Possible)

U.S . small business borrowing surges
(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)

______________

Preclusion:

Eleventh Circuit Does Not Hesitate to Disallow Procrastination
(DBN)

______________

Ethics:

Bankruptcy Rules of Conduct
(DBN)

What Are the Legal and Ethical Standards for 'Web Speech'?
(DBN)

______________

DOMA:

DOJ to file appeal of Bankruptcy court's DOMA ruling
(DBN)

______________

Sales:

Seventh Circuit Holds that Free and Clear Sale Plan Cannot be Confirmed Without Preserving Secured Creditor's Credit Bidding Rights: Ruling Creates Circuit Split
(DBN)

______________

Corporate Reform:

Subprime prosecutions: Why the government hunts small game
(DBN)

Former IMF head urges stronger bank supervision
(DBN)

Dodd-Frank Rekindles Old Debate
(DBN)

Darrel Issa Stocked Up on Goldman Sachs Bonds While Blocking Its Investigation
(DBN)

______________

Pensions:

PBGC takes over Wolverine Tube pension plan
(DBN)

______________

Hockey:

Coyotes Ownership Mess Takes Yet Another Step Back, Who's To Blame?
(DBN)

______________

Mass Torts:

Oil-Spill Attorney Lauds BP Claims Process, but Says Transocean Treated Workers like 'Criminals'
(DBN)

______________

Celebs:

Charlie Sheen's New Role? Deadbeat Dad?
(DBN)

Tobey Macguire 'illegal Hollywood gambling ring had links to Russian mafia'
(DBN)

______________

Hotels:

Innkeepers Judge Approves Bankruptcy Plan, Sales to Cerberus and Chatham
(DBN)

Hotel foreclosure sale is postponed to July
(DBN)

______________

Retailing:

Retailers see economy staying tough for shoppers
(DBN)

______________

Food/Beverage:

Elephant & Castle Chain Files for Bankruptcy
(DBN)

______________

Autos:

Saab secures another $35 million loan, production could begin soon
(DBN)

______________

IMF:

DSK's Lawyers Already Believe They've Found A Procedural Technicality That Could Get Him Off
(DBN)

______________

UK:

DLA Piper and Maclays take roles on Jane Norman restructuring and sale
(DBN)

More major retailers 'set to fail'
(DBN)

Massive Public Sector Strikes Have Begun In The UK
(DBN)

Lloyds to Cut 15,000 Jobs as It Unveils UK-Focused Strategy
(DBN)

Lloyds needs good news from UK housing market
(DBN)

Lloyds Puts the Boring Back Into Banking
(DBN)

Winding Up Petitions - 29 June 2011
(DBN)

Appointment of Administrators - 29 June 2011
(DBN)

The demise of the high street is over hyped but the entire sector needs to rethink and restructure
(DBN)

______________

EU:

European shares end higher on Greek austerity vote
(DBN)

E.U. Tweaks Struggling States Rescue Fund
(DBN)

Up to one in six EU banks set to fail stress test-sources
(DBN)

EMU M3 Growth Accelerated Sharply In May; Private Loans Up
(DBN)

Tale of Two Visions for Euro Boils Beneath Greek Crisis Fight
(DBN)

“Extend and Pretend” Continues in the Euro Zone
(DBN)

______________

PIGS:

Greek austerity vote as it happened: June 29, 2011
(DBN)

Greece Set for Final Vote on Cuts After Riots
(DBN)

Dangers lurk beyond Greek parliament vote
(DBN)

Violence rocks Greek anti-austerity protests
(DBN)

Police Brutality
(DBN)

For Many Greeks, Here's What Austerity Will Look Like
(DBN)

Greek bailout FAQ: Everything you need to know about austerity package
(DBN)

IMF's Lipsky Hails Greek Vote, Says More Work Needed
(DBN)

Greek bonds' relief rally capped by solvency doubts
(DBN)

Greek Relief May Be Short-Lived
(DBN)

Greece passes austerity, but riots seize capital
(DBN)

Why the Greek Crisis Is a Tragedy For Us All
(DBN)

______________

Austria:

Basel III fears over positive bankruptcy trend
(DBN)

______________

China:

The End of Cheap Labor in China
(DBN)

______________

New Zealand:

Bankrupted Henderson could face charges
(DBN)

_____________

MENA:

Nakheel making progress in restructuring
(DBN)

______________

Czech Republic:

Inquiry into alleged attack on Sazka trustee
(DBN)

______________

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Copyright 2011