March 21, 2011

The Daily Bankruptcy News

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Law:

Several BigLaw Firms Close Their Tokyo Offices for Now; Others Embrace Telecommuting
(DBN)

Law Firms Reaching Out to Help Japan
(DBN)

Question Spawns Deposition for the History Books
(DBN)

Jackson Lewis' Revenue, Profits Rise
(DBN)

Boies Schiller Revenue Up 3 Percent, PPP Down 11 Percent
(DBN)

Winston opens Houston base with 40-lawyer Howrey team
(DBN)

More Howrey Refugees Land at BigLaw Firms
(DBN)

Linklaters launches Houston offensive
(DBN)

BigLaw Firm Jumps Into Dead Rival's Grave
(DBN)

Dimitrios Biller Isn't One To Give Up Without a Fight
(DBN)

AT&T/T-Mobile: The Advisers on the Deal
(DBN)

Penthouse, Playboy Dip into Am Law 100 Pool
(DBN)

Working Smart: Playing Well With Others
(DBN)

David J. Stern Can't Afford to File Proper Motions to Withdraw.
(DBN)

Clemens Subpoena of DLA Piper in Perjury Case Should Be Tossed, Firm Says
(DBN)

Gordon Z. Novod Recognized As "Rising Star" In Bankruptcy
(DBN)

Rising Star: Kirkland's David Seligman
(DBN)

McKool Smith Bankruptcy Attorney Recognized as Texas Rising Star
(DBN)

Arent Fox LLP Wins M&A Advisor’s 2011 Turnaround Award for Reorganization Work on Behalf of The Walking Company
(DBN)

Weil Bankruptcy Partner Named to IDD "40 Under 40" List
(DBN)

Congratulations Bob Lawless!
(DBN)

Departure Memo of the Day: Take a Picture of Your Bank Account Because It'll Never Look This Good Again
(DBN)

More Proof That Lawyers Will Fight Over Anything
(DBN)

Go Overseas, Young Lawyers
(DBN)

Judge Ponders Possible Dismissal of Obstruction Case Against Ex-Glaxo In-House Counsel
(DBN)

Goldman, HSBC-Madoff, HP, BGC, Lehman, IBM, 3M in Court News
(DBN)

New Docs in Case of Ex-Glaxo In-House Counsel Lauren Stevens Reveal Other Lawyers' Roles
(DBN)

Hubba Hubba, You’re Fired!
(DBN)

Lawsuit of the Day: Doesn't the 8th Amendment Protect Us From Being Forced To Go To… New Jersey?
(DBN)

Wannabe Who Failed Bar Exams Loses Bid for Six-Figure Damages From Law School
(DBN)

Study: Little Cause for Alarm Over Laptops in Class
(DBN)

Finally gone, ground zero tower in focus at trial
(DBN)

An alternative to department-wide, big and formal initiatives to give feedback to law firms
(DBN)

Law Student Repeatedly Stomped Bird Because It Allegedly Scared Him
(DBN)

'Vampire' gets three years probation
(DBN)

______________

Judges:

Applications for Judge Job Wind Up Exposed to Prying Eyes in Recycling Bin
(DBN)

US Alleges Plot to Kidnap, Murder, Burn Homes re Top Alaska Federal Judge, His Wife, Multiple Others
(DBN)

West Lawyer Is Unimpressed with Judge’s Jokes in Hearing on $5.2M Pocket Part Verdict
(DBN)

Liberals say the Supreme Court has a pro-corporate bias. Are they right?
(DBN)

The judge who writes like a paperback novelist
(DBN)

Mysterious Justice Samuel Alito
(DBN)

______________

Wall Street:

Stock -Index Futures Rise as Japan Nuclear Crisis Eases; AIG, Hartford Gain
(DBN)

European Stocks Join Global Relief Rally
(DBN)

US Stocks Drop a Second Week on Japan Radiation Concern, Libya Conflict
(DBN)

Goldman's Annual Blood Letting
(DBN)

Buffett’s Goldman Bet Reaps $8.7 Billion Payback
(DBN)

Shocking Comments Allegedly Made In Wall Street Harassment Cases
(DBN)

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Layoffs:

Unemployment rises in nearly all metro areas
(DBN)

Banks hiring
(DBN)

Minneapolis Best Place to Find a Job
(DBN)

The Stigmatization of the Unemployed
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

_____________

Lehman:

Lehman sues Citibank to recover over US$1.3bil
(DBN)

Lehman Paid Managers, Lawyers $30.1 Million in February
(DBN)

Moral Hazard for Officeholders? The Lehman Brothers/Nortel Networks Decision
(DBN)

Perpetual set to protect Lehman settlement
(DBN)

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Fraud:

Madoff bankruptcy trustee increases his claim against Wilpon and friends
(DBN)

Mets Owners Face More Than $1 Billion of Claims From Madoff Trustee Picard
(DBN)

New York Mets owners: Trustee's lawsuit a 'work of fiction'
(DBN)

Mets owners fire back at trustee
(DBN)

Madoff Trustee Fires More Heat Toward Mets Owners
(DBN)

Trustee cites interest-free Madoff loan to Mets
(DBN)

Madoff Trustee Sues Consultant Hired in Bank Austria Probe
(DBN)

HSBC Was Warned About Madoff 'Fraud Risks' in 2006 and 2008 KPMG Reports
(DBN)

Did KPMG Really Warn HSBC About Madoff Fraud Risks?
(DBN)

The case of the missing primary documents, Bloomberg edition
(DBN)

Bank loses key ruling in CyberNET bankruptcy case
(DBN)

Accused Haiti Fraudsters Declare Bankruptcy
(DBN)

Trustee still wants Hecker house
(DBN)

Convictions likely in Fair Finance case
(DBN)

St. Anselm Exploration Co. Accused Of Ponzi
(DBN)

'Minkow' movie may need a new ending, as subject could be headed to prison again
(DBN)

Stench of CalPERS' financial scandal lingers
(DBN)

Medco subpoenaed by SEC over CalPERS contract
(DBN)

______________

Accounting:

Auditors in the Doghouse
(DBN)

______________

Municipalities:

States push harder for online sales tax collection
(DBN)

Does Harrisburg have a trump card to use?
(DBN)

Economy strains local governments
(DBN)

Wisconsin Judge Blocks Union Law
(DBN)

Jefferson County rules out Supreme Court rehearing; considers sales tax increase
(DBN)

John Conyers: Legislation is blatant, unconstitutional power grab
(DBN)

Few Financial Managers May Actually Get Assigned
(DBN)

Detroit schools struggle to solve huge budget woes
(DBN)

Inglewood schools on edge of insolvency
(DBN)

Auditor says Victorville near insolvency
(DBN)

San Francisco's Pension Gap Is Truly Terrifying
(DBN)

Unbreakable Bonds
(DBN)

______________

Credit Cards:

Decrease In Credit Card Debt All Down To Write-Offs, Report Says
(DBN)

Impact of credit card regulations analyzed
(DBN)

Credit-Card Rules Amended by Fed to Avoid Issuance to People Who Can't Pay
(DBN)

4th Graders Read A Credit Card Agreement
(DBN)

______________

Horse Racing:

Suffolk OTB Files for Bankruptcy Protection
(DBN)

Horsemen Told to Closely Guard Purse Accounts
(DBN)

______________

Hotels:

More Port Columbus airport hotels land in bankruptcy
(DBN)

______________

Politicians:

Former mayor admits lying in personal bankruptcy case
(DBN)

______________

Concrete:

Bankruptcy court approves plan for Fred Hill Materials
(DBN)

_____________

Music:

Pennsylvania Academy of Music won't appeal pledge ruling
(DBN)

______________

Compensation:

CEO Pay is Up, Worker's Pay Not so Much
(DBN)

SEC Global Pay Rule Could Embarrass Firms
(DBN)

______________

Economy:

Inflation Slowly Showing Signs of Life
(DBN)

Why Inflation Hurts More Today
(DBN)

Poll: Most Living the American Dream
(DBN)

CBO: Obama Understates Deficit by $2.3 T
(DBN)

US: No Fiscal Crisis Yet
(DBN)

Wall St. Bets Against a Meltdown
(DBN)

Household Debt May Be Accelerating Again
(DBN)

Economists Worry About Oil Prices
(DBN)

COP Farewell
(DBN)

TARP’s Watchdog: A Tough Act to Follow
(DBN)

Wall Street Racks Up Fees as Banks Exit TARP
(DBN)

A Look Inside the Fed’s Balance Sheet
(DBN)

AIG, Fed in Subprime-Bond Standoff
(DBN)

Rich Feel Good Again About What They Do Best
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Americans Hold Firm On Value Of Homeownership
(DBN)

Sales of Previously Owned Homes in U.S. Probably Fell as Market Struggles
(DBN)

Implosion of Foreclosure Mill Leaves 100,000 Cases in Limbo
(DBN)

Nearly 20% of Florida Homes are Vacant
(DBN)

Law chief takes hard line on US foreclosures
(DBN)

Shakedown or Bailout? The Mortgage Servicing Settlement
(DBN)

Attorneys general try to rein in lenders' shabby behavior on modifications
(DBN)

BofA, Other Banks Agree to Special Master for Foreclosures in New Jersey
(DBN)

NJ lenders may soon be ready to go after delinquent mortgage loans
(DBN)

DJSP to halt trading and delist from NASDAQ
(DBN)

CFPB to Play Significant Role Under Foreclosure Settlement Proposal
(DBN)

Republican senators join fight to end HAMP
(DBN)

Colorado bill to charge banks 'paltry' $250 per foreclosure
(DBN)

BarCap ranks mortgage servicers on loss-mitigation speed
(DBN)

Borrowers may get a mortgage servicing bill of rights
(DBN)

Boom Hangover: Empty Homes Pile Up
(DBN)

"Birthday Houses"
(DBN)

New York Supreme Court upholds accelerated enforceability of “bad boy” guaranty in CMBS case
(DBN)

Bankruptcy postpones auction of isthmus property in Olympia
(DBN)

CRE defaults fell for first time in four years in 4Q
(DBN)

Manual mortgage underwriting leads to less fraud: QMS
(DBN)

JPMorgan Chase wants Allstate case heard in federal court
(DBN)

Bank of America Gets Tentative Court Approval of Countrywide Settlement
(DBN)

Financing Improves IStar's Outlook
(DBN)

Insurer Sues US Bancorp Over MBS Investments
(DBN)

Wave of Foreclosures and Vacant Homes Sparks Surge in Quit-Claim Deed Fraud
(DBN)

Professionals lured into mortgage fraud by hope of legit work
(DBN)

_____________

Corporate Reform:

The War on Warren
(DBN)

Heroes As Villains: The Case of Elizabeth Warren
(DBN)

An Advocate Who Scares Republicans
(DBN)

Elizabeth Warren under Attack from WSJ Editorial Writer Mary Kissel
(DBN)

A Bisl Kissel or Why the Kissel Kerfuffle Misses the Point
(DBN)

High Noon On Wall Street
(DBN)

Former Goldman Sachs Banker Revving Up Smear Campaign Against Elizabeth Warren
(DBN)

Elizabeth Warren's Hit Squad
(DBN)

How GOP Tried to Dismantle Dodd Frank
(DBN)

Geithner to decide on regulation of foreign-exchange swaps
(DBN)

Why we need regulatory cops on the beat – and why they make bankers cringe
(DBN)

______________

Telecoms:

AT&T to purchase T-Mobile
(DBN)

AT&T Has to Fend Off Scrutiny to Win Nod for ‘Unthinkable’ Bid
(DBN)

______________

Autos:

Icahn Shops Federal-Mogul
(DBN)

GM Looks 'Pre-Owned' After Going Below IPO Price
(DBN)

General Motors Stops Nonessential Spending
(DBN)

General Motors - this is what TARP looks like
(DBN)

GM's Ammann Pushes to Expand Lending Arm He Dismantled at Morgan Stanley
(DBN)

Detroit Emulating Japan May Nudge UAW Into At-Risk Pay for 107,000 Workers
(DBN)

Bailouts, Bankruptcy , and the Revival of Saab Automobile
(DBN)

Nissan to Resume Production in Japan
(DBN)

Nissan faces power cuts and shortages amid aftershocks
(DBN)

Japan's Automakers Expect More Delays
(DBN)

Japan Automakers to Resume Production
(DBN)

______________

Media:

Tribune Co. bankruptcy deadlocked, judge says
(DBN)

Judge may appoint trustee to settle Tribune bankruptcy
(DBN)

Tribune Bankruptcy Plan Faces FCC Snags
(DBN)

James Tyree, 53, Dies; Led Sun-Times Media Out of Bankruptcy
(DBN)

______________

Health Care:

Forum charitable foundations removed from bankruptcy proceedings
(DBN)

Iasis buying Houston hospital
(DBN)

9 Million Laid-Off Americans Lost Health Insurance In Last Two Years
(DBN)

Here's A Job for a Crusader of Yesteryear
(DBN)

______________

Banking:

Judge sides with investors suing Huntington Bank
(DBN)

Fed gives OK for large banks to boost dividends, restart stock buybacks
(DBN)

Mega-Banks and the Next Financial Crisis
(DBN)

Many Banks Are Clinging to Billions in Bailout Money
(DBN)

New York Fed’s Dahlgren Overhauls Bank Supervision to Beef Up Oversight
(DBN)

______________

Food/Drink:

JB's Restaurants seeks bankruptcy order
(DBN)

Failed grocer says city failed him
(DBN)

______________

Retailing:

Strasburg-Jarvis plans more store closings amid bankruptcy restructuring
(DBN)

______________

Obits:

Obamas express sadness for loss of Chicago's Tyree
(DBN)

______________

Celebs:

5 More Celebrity Real Estate Blunders
(DBN)

De Niro Testifies Against Dealer Accused of Stealing Dad’s Art
(DBN)

Lindsay Lohan Turns a Perp Walk Into a Runway Strut
(DBN)

______________

Tech:

High-tech entrepreneur Claudio Osorio files for Chapter 11
(DBN)

______________

Oil/Gas:

Epic Energy Resources files for Chapter 11
(DBN)

______________

Utilities:

S&P Cuts Dynegy Two Steps From Default Rating
(DBN)

______________

Non-Profits:

Woman Claims ACORN Continues to Deduct Money for a Now-Defunct Membership
(DBN)

______________

Hockey:

Hulsizer offers financial guarantee in revised bid for Coyotes
(DBN)

______________

Education:

Education Cuts Could Hit Upper Middle Class
(DBN)

______________

Hedge Funds:

Cleveland Browns Owner on Offense Against Hedge Fund
(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)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

WaMu, Lehman, Blockbuster, New Stream, LTAP, PJ: Bankruptcy
(DBN)

Viceroy-Sawgrass Resorts, Blockbuster, Lehman: Bankruptcy
(DBN)

Anguilla Resort, West End, New Credit Bubble: Bankruptcy
(DBN)

______________

Insurance:

Insurer seeks to void Murray Agency policy
(DBN)

______________

Bankruptcy Statistics:

Equifax Study Shows Improvement and Weakness in Small Business Bankruptcy Trends
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

_____________

Claims Trading:

Distressed Exchanges May Hurt Firms' Financial Outcomes
(DBN)

______________

Litigation:

McElhaney: Think of Yourself as the First Witness the Jury Will Hear in Your Case
(DBN)

Search Terms Are More Than Mere Words
(DBN)

Time to fix arbitration loophole
(DBN)

______________

Ethics:

Resolving Client Conflicts by Hiring “Conflicts Counsel”
(DBN)

______________

Mass Torts:

"The Market for Specious Claims"
(DBN)

______________

Religion:

Judge rejects dismissal in Beachy's $33M bankruptcy
(DBN)

______________

Sovereigns:

Lipsky Says Advanced-Nation Debt Risks Future Crisis as Yields Set to Rise
(DBN)

______________

UK:

Bankruptcy : Is there life after debt?
(DBN)

Bankruptcy: It's us and Kerry Katona
(DBN)

UK: Consumer Confidence at All Time Low
(DBN)

Is the taxman protecting directors of 'dead' companies?
(DBN)

Lies and forgeries - why Property Legal Services and linked firms were shut down
(DBN)

Has Stevan Fowler been unfairly treated over Farepak collapse?
(DBN)

New U.K. Regulator To Set Sights On 'Too Big To Fail' Firms
(DBN)

FSA Says U.K. Banks Should Test for Sovereign Defaults
(DBN)

JJB prepares for crunch vote
(DBN)

Appointment of Administrators - 18 March 2011
(DBN)

Winding Up Petitions - 18 March 2011
(DBN)

______________

Canada:

Destructuring: Where the meter is always running
(DBN)

Canadian bankruptcy filings fall as economy improves
(DBN)

______________

Germany:

Germany Faces Up To Problem Of Ageing Workforce
(DBN)

______________

Japan:

Pressure Stabilizes at Japan Reactor
(DBN)

Japan: Workers Stabilize Spent Fuel
(DBN)

Where's Japan's Nuclear Power CEO?
(DBN)

Electricity Restored at 3 Reactors
(DBN)

Even In Worst Case, Japan’s Nuclear Disaster Will Have Limited Reach
(DBN)

Japan: Execs Lost Time at Damaged Nuke Plant
(DBN)

Japan Death Toll Now Estimated at 18,000
(DBN)

Japan: Tell Them There is No Food
(DBN)

World Bank: Japan Reconstruction May Take 5 Years
(DBN)

The Stranded Await the Merciful
(DBN)

Contractors Rush in as Kan Pledges to Rebuild After Japan Quake
(DBN)

BOJ Reluctance to Finance Japan’s Borrowing Set to Be Tested
(DBN)

Reeling From Crises, Japan Approaches Familiar Crossroads
(DBN)

Crises in Japan Ripple Across Global Economy
(DBN)

‘Too Late’ for Some Tsunami Victims to Rebuild in Japan
(DBN)

Stress Test for the Global Supply Chain
(DBN)

Warren Buffett Says Japan Quake Presents Buying Opportunity
(DBN)

World Bank Sees Japan Slowdown as Mild, Temporary
(DBN)

Japan faces food safety crisis; Radioactivity up to seven times limit found
(DBN)

Radiation Found in Tokyo's Water Supply
(DBN)

Japan: The Crisis Markets Can't Grasp
(DBN)

Hawaii Tourism Scrambles to Manage Fallout from Japan
(DBN)

______________

MENA:

Allies Continue to Press Action Against Qaddafi's Forces
(DBN)

U.S. Says No-Fly Zone Effectively in Place Over Libya
(DBN)

Allies Expand Libya Attacks, Qaddafi Vows to Repel Enemy
(DBN)

Building in Gadhafi compound possibly struck by cruise missiles
(DBN)

Mullen: Mission isn't about seeing Qadhafi go
(DBN)

Joint Chiefs chairman: Goals of U.S.-led coalition are 'limited'
(DBN)

Allies Target Qaddafi's Ground Forces as Libyan Rebels Regroup
(DBN)

Oil rises more than $2 on military action against Libya
(DBN)

Libya Oil Production Could Stop
(DBN)

Oil Companies Fear Nationalization in Libya
(DBN)

Arab League criticizes
(DBN)

Benghazi swings between celebration and chaos
(DBN)

Libyan army says immediate ceasefire ordered
(DBN)

Countries At Risk Of Becoming The Next Libya
(DBN)

Euphoric, Egyptians Vote on Future
(DBN)

Hundreds Protest in Syria Where Clashes Killed 5
(DBN)

Syrians: End the 48 Years of Emergency Law
(DBN)

Saudis take to streets to demand release of prisoners held without trial
(DBN)

Security Forces Block Saudi Protest
(DBN)

Saudi King Orders 500,000 Homes Built
(DBN)

Mass Resignations Among Yemeni Army And Diplomatic Officials After Massacre
(DBN)

Investment Dar of Kuwait, Creditors Agree to Details of Restructuring Plan
(DBN)

______________

New Zealand:

McKenna battles bankruptcy bid
(DBN)

Insolvency - Kill or cure?
(DBN)

SFO Probes Failed Insurance Group
(DBN)

______________

PIIGS:

Shane Ross: Play the bankruptcy card
(DBN)

Paris Club could help provide Greece with long-term solution to debt problem
(DBN)

Battle for Control of Parmalat Attracts Attention of Italian Companies
(DBN)

______________

Netherlands:

Law to scrap bank bonuses at banks getting state aid
(DBN)

______________

Mexico:

Mexico Mortgage Lender Prepares Debt Restructuring Offers
(DBN)

______________

Czech Republic:

S&P drops Sazka rating on insolvency
(DBN)

High Court cancels ruling appointing insolvency trustee in Sazka
(DBN)

______________

Hungary:

Hungary counties fight bankruptcy , eye gov't reform plans
(DBN)

______________

 

 

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