June 6, 2011

The Daily Bankruptcy News

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Law:

The Return of Staff Layoff Watch? Hogan Lovells Offers ‘Voluntary’ Separation Program
(DBN)

Former judge to represent bankruptcy lawyer in court
(DBN)

NYLJ 100: Largest Private Law Offices
(DBN)

Skadden Takes Lead as Edwards Pleads Not Guilty to Campaign Finance Charges
(DBN)

Aging Gracefully — Or Not
(DBN)

Chevron Scores Victores in Ecuadorian Rainforest Battle
(DBN)

Would You Rather Win, Or Get Paid While Losing?
(DBN)

Orrick Seeks to Withdraw from Bratz Case, Cites $1.2M in Unpaid Fees
(DBN)

The Keys to Finding a Law Job
(DBN)

Second Acts for Unhappy Lawyers
(DBN)

Job Outlook Gloomy for Law Grads, Study Finds
(DBN)

Merger Would Create 1,000 Lawyer Firm
(DBN)

Outsourcing: The Rising Tide That Lifts All Boats?
(DBN)

Outsourcing Your Legal Career
(DBN)

Dallas plaintiffs lawyer Fred Baron identified as "Person D" in John Edwards indictment
(DBN)

Promotion of Women to Partnership Stalled in 2011
(DBN)

Bizarre Case Leads to $350 Million Verdict for Quinn Emanuel Client
(DBN)

LSAT Hopeful Fails in Bid for Test Accommodations
(DBN)

Lawyer Sentenced to Prison for Stealing $800K from Clients, Blames OxyContin Addiction
(DBN)

How to Make Sure That 'Redacted' Document You Uploaded to PACER Is Really Redacted
(DBN)

BigLaw Firm Gets Back Money From Fired Partner Who Swindled It, Calls the Cops on Him
(DBN)

6th Circuit Reinstates Supremacist Inmate's Religious Freedom Claim
(DBN)

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

West Point cadet sues Patti LaBelle, bodyguards over alleged assault at airport
(DBN)

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Judges:

A Judge of the Day, Back in the News: Fred Biery
(DBN)

Calif. Chief Justice Troubled by Pol’s ‘Offensive’ Comment on Her Attractiveness
(DBN)

NY Judge Tapped for Mets Suit Against Madoff Trustee
(DBN)

Attorney's Testimony Against Removed Judge Requires Recusal Of Colleague
(DBN)

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Wall Street:

US Stock -Index Futures Are Little Changed
(DBN)

Dow Has Its Longest Weekly Slump Since 2004
(DBN)

Economy Points Down, Takes Market With It
(DBN)

Despite Danger, Investors Are Not Ready to Panic—Yet
(DBN)

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Layoffs:

May jobs growth slows to 54,000, a nine-month low
(DBN)

Job Market Loses Momentum
(DBN)

Americans Have Lower Income Expectations
(DBN)

Romney: Jobless Rate is No ‘Bump in the Road’
(DBN)

Top 10 cities in the U.S. to find a job
(DBN)

Teen Unemployment 24%
(DBN)

May jobs worse than worst estimates
(DBN)

US Service Sector Growth Picks Up Modestly in May
(DBN)

War of Ideas on U.S. Budget Overshadows Job Struggle
(DBN)

Actual employment numbers not that bad
(DBN)

Charting the dismal employment report
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

U.S. Lawmakers Seek Probe of Handling of Madoff Claims
(DBN)

US SEC may rebuke Lehman rather than sue
(DBN)

Goldman Sachs Investigators Bolstered by New York’s Martin Act
(DBN)

From Dodd-Frank to Dud: How Financial Reform May Be Going Wrong
(DBN)

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Autos:

Obama Says Bailout Saved Auto Industry From ‘Free Fall’
(DBN)

Boehner Spokesman: Auto Industry Revival Is ‘Nothing To Celebrate’
(DBN)

Fiat Seeks Canada's Chrysler Stake for $125 Million
(DBN)

Will US-revived Chrysler's headquarters move to Italy?
(DBN)

Romney: Bankruptcy , not bailouts, saved Detroit
(DBN)

Obama Campaigns for Bailout Credit at Auto Plant
(DBN)

GM Considers Buying Shares from Treasury
(DBN)

GM Hands Saab Lifeline 18 Months After Abandoning Brand
(DBN)

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Food/Beverage:

Joe Tecce's Ristorante Blames 'Big Dig' for Bankruptcy
(DBN)

New dietary guidelines from Obama administration
(DBN)

______________

Religion:

Archdiocese Bankruptcy Clergy abuse attorney meets with victims
(DBN)

Crystal Cathedral: A Mega Church In Troubled Waters
(DBN)

As Catholic Schools Close in Major Cities, the Need Only Grows
(DBN)

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Tax:

NOLs May Be Gold Mines for Creditor Recoveries Temporary Measure Boosts Potential for Tax Refunds
(DBN)

12 Massive Companies Paying Little To Nothing In Taxes
(DBN)

______________

Economy:

State of U.S. economy grows murkier
(DBN)

Soft Patch? Economy Looks More Like It's In For Worse
(DBN)

Fine line between slowdown and stall
(DBN)

The 2% Economy
(DBN)

Few jobs added in May; unemployment up to 9.1 pct
(DBN)

More Americans Think the Economy Will Never Recover
(DBN)

Economy taking 'awhile' to mend, Obama says
(DBN)

Obama Blames Europe, Japan for US Economic Woes
(DBN)

Wrong again Bam
(DBN)

Obama Is Focusing on Tax Incentives, Subsidies to Spur Jobs
(DBN)

Who Created This Mess?
(DBN)

Disappointing economic reports do not point to double-dip: Barclays
(DBN)

Volcker Named to Panel That Will Advise on Too-Big-to-Fail
(DBN)

China Divests 97% of Holdings in US Treasury Bills
(DBN)

Greenspan 'Scared' Over Deficit
(DBN)

Republican Ron Paul Dismisses Boehner’s Dollar-for-Dollar Debt-Cut Demand
(DBN)

Romney cites new unemployment numbers as proof Obama is failing US economy
(DBN)

Lack of retirement savings makes entitlements sacrosanct
(DBN)

Ron Paul: We're Defaulting On The Common Person All The Time
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

US house price fall 'beats Great Depression slide'
(DBN)

CBO estimates another $42 billion needed for Fannie and Freddie
(DBN)

The Hidden Cost Of Cutting The Mortgage Deductions
(DBN)

Mortgage Rates Slide for a 7th Straight Week
(DBN)

Regulators consider releasing foreclosure reviews
(DBN)

Housing recovery will begin with more jobs: PIMCO CEO
(DBN)

Research firm predicts California home price appreciation by 2014
(DBN)

Delinquent Homeowners to Get Mortgage Help From Government
(DBN)

Wells Fargo concerned over mortgage-servicing fees
(DBN)

Moody's improves ratings outlook on Toll Brothers
(DBN)

MERS names former banking regulator as independent director
(DBN)

Foreclosure mediation bill approved by House
(DBN)

For the Jobless, Little U.S. Help on Foreclosure
(DBN)

Bank of America Gets Pad Locked After Homeowner Forecloses On It
(DBN)

Nearly half of modified CMBS loans redefault
(DBN)

Portfolios at failed banks heavy with nonperforming CRE loans
(DBN)

Fitch: Rate Of Specially Serviced U.S. CMBS Still Falling
(DBN)

Court Clears Barclays of Dumping Mortgages
(DBN)

CalPERS loses on Arizona land deal
(DBN)

____________

Banking:

Fed's Tarullo: Big banks don't have to be so big
(DBN)

Bank Shares Take a Beating, and It May Not Be Over Yet
(DBN)

Banks May Need More Capital
(DBN)

Woman, 100, has bank account dating to 1913
(DBN)

Atlantic Bank becomes 45th bank failure of year
(DBN)

Bank Failures Declined in May
(DBN)

Judge OKs Colonial BancGroup liquidation, moving Montgomery bank's bankruptcy closer to an end
(DBN)

Did SocGen Bet Against Its Own Share Price?
(DBN - NY Times - Paywall Limit Possible)

______________

IP:

Google probed in Nortel patent acquisition
(DBN)

______________

Aviation:

In a sluggish economy, niche airlines take off
(DBN)

IATA cuts airline profits forecast by 54%
(DBN)

______________

Municipalities:

Land of Delinquents
(DBN)

MPS Board president Bonds files for bankruptcy
(DBN)

Cities bankruptcy bill heads to state Senate
(DBN)

Skyrocketing Employee Costs Drive Another California City To The Edge Of Bankruptcy
(DBN)

Usually a job engine , localities slow US economy
(DBN)

The 10 States That Spend The Most On Students
(DBN)

______________

Hotels:

Doubletree Hotel, Gallery Row file for bankruptcy as firm's woes mount
(DBN)

Lender's $8 mln claim draws Innkeepers owner's ire
(DBN)

______________

Obits:

William Rutledge, former judge (scroll down)
(DBN)

______________

Media:

Sam Zell's $8.5 Billion Tribune Co. Buyout Fiasco Under Broad Attack
(DBN)

______________

Turnarounds:

Time Matters: Maximizing Recoveries in Wind-Downs
(DBN)

______________

New Bankruptcy Opinions
(3 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)

______________

Miscellaneous:

Vinashin, Aurora Empowerment, Madoff-Linked Funds: Bankruptcy
(DBN)

______________

Personal Bankruptcy:

Consumer Bankruptcies Do More Harm Than Good
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

_____________

Valuation:

Getting a ‘Fresh Start’ After Chapter 11 Valuations for Fresh Start Reporting for Emerged Entity
(DBN)

______________

Plan Confirmation:

Hurdles Are High for Claimants Seeking ‘Equal Treatment’ Courts Are Loathe to Unravel Confirmation Plans
(DBN)

______________

Sales:

Evolving Approaches in Asset Acquisition, Disposition
(DBN)

______________

Fraud:

Madoff trustee, SEC should be probed -US reps
(DBN)

JPMorgan Seeks Dismissal of $6.4 Billion Madoff Trustee Suit
(DBN)

Primeo Fund Seeks to Take Madoff Bankruptcy Trustee Suit to District Court
(DBN)

JPMorgan Asks Judge to Dismiss $6.4 Billion Suit by Madoff Trustee Picard
(DBN)

Denny Hecker, in prison, on what went wrong: Bad advice
(DBN)

______________

UK:

Former magistrate cleared but facing bankruptcy
(DBN)

Southern Cross to update on rescue plan, home sales
(DBN)

Appointment of Administrators - 3 June 2011
(DBN)

Winding Up Petitions - 3 June 2011
(DBN)

______________

EU:

Dignity and Democracy: Escaping the Clutches of the Financial Markets
(DBN)

ECB Is Still on Track for July Rate Increase on Worsening Crisis
(DBN)

EU banking rules fraught with snags
(DBN)

Flaws in Euro Zone Don't Have to Be Fatal
(DBN)

EU regulator wants tougher U.S. banker bonus rules
(DBN)

Pope denounces 'disintegration' of Europe families
(DBN)

______________

Canada:

Montreal-area trustees seek payback for Ponzi scheme
(DBN)

______________

PIIGS:

Greece says aid talks with 'troika' go well
(DBN)

Prospect of 2nd Greek Bailout Worries Economists
(DBN)

Greece to ramp up privatization program, says IMF
(DBN)

The big fat Greek sell-off
(DBN)

Furious Greeks Pack Streets to Protest Austerity
(DBN)

Greece to start austerity drive as nation seethes
(DBN)

Political "accident" could derail new Greek bailout
(DBN)

Greek Bonds Advance Amid Optimism Over Greek Bailout Agreement
(DBN)

Banks asked to roll over Greek debt, ECB's Wellink says
(DBN)

New Greek aid may top 100 billion euros: report
(DBN)

The Greek Debt Problem "In Simple Mathematics"
(DBN)

Greece Creditors Must Give €30 billion to Bailout
(DBN)

Greek Debt Plan Gains Support
(DBN)

Portugal Votes Amid Austerity Pain
(DBN)

Portugal Socialists admit defeat
(DBN)

The biggest gamble in IMF history
(DBN)

Spain: No Money to Pay 70,000 State Workers
(DBN)

______________

Japan:

Radiation at Highest Levels Since Tsunami
(DBN)

______________

MENA:

Fighting Rages in Streets of Yemen
(DBN)

Yemen on the Brink
(DBN)

Yemen Street Cheers Exit of Wounded President
(DBN)

Palestinians Storm Gaza Crossing
(DBN)

More Protests As Thousands Fill Syrian Streets
(DBN)

Israeli Forces Fire on Syrian Protesters
(DBN)

Syrian death toll up to 63; 'abyss' predicted
(DBN)

Libyan Rebels Capture Beer
(DBN)

NATO 'one step' from land war in Libya
(DBN)

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Copyright 2011