March 22, 2011

The Daily Bankruptcy News

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Law:

Why Howrey law firm could not hold it together
(DBN)

Where's Howrey's NY Honcho Now?
(DBN)

Did He Turn Out the Lights?: Partner Last to Leave
(DBN)

Supreme Court to Decide if Sullivan and Cromwell’s Mailroom Mix-Up Bars Capital Appeal
(DBN)

Associate Lateral Hires Jumped 61 Percent Last Year
(DBN)

Everybody Wants Somebody Sometime: Could That Someone Be You?
(DBN)

Merger Mania Making Mid-Sized Moves Tougher
(DBN)

Allen Matkins Elects Bankruptcy Lawyer New Managing Partner
(DBN)

Links sues former Italian ally Gianni over Credit Suisse-Parmalat deal
(DBN)

Bernstein Litowitz Tops Law Firm List of 2010 Class-Action Settlements
(DBN)

The Name on the Bayer Suit: The Increasingly Visible Sanford Wittels
(DBN)

Law Firms Need to Act More Like Businesses and Hire Accordingly, Prof Says
(DBN)

The Value of Non-Lawyers in Client Fee Conversations
(DBN)

Small Firms: Enclosed Please Find … No Reason to Hire Me
(DBN)

In-House: Moving Laterally
(DBN)

Former govt lawyer gets prison in immigration case
(DBN)

After $2M Verdict, 2 Fla. Attorneys Now Face Civil Theft Ethics Case re Bitter Law Firm Breakup
(DBN)

How looks affect your personal brand
(DBN)

Despite Casual Fashion Trend Sweeping the Business World, Lawyers Choose the Familiar
(DBN)

Bankruptcy lawyer's withdrawal protested
(DBN)

Cloud Computing: Ethical Shades of Gray
(DBN)

Milberg Gets Method for Legal Hold Management
(DBN)

Prominent Lawyer Got Where He Is Despite Arrest Record Beginning with Alleged Burglary at Age 7
(DBN)

Law Office Product Review: Bates 9820315 Numbering Machine :))
(DBN)

2L negotiates NFL coach's deal with team
(DBN)

Law School Apologizes to Students For Weak Job Listing
(DBN)

Yale Law School to Counter Stress With a Dog
(DBN)

Law school accreditation proposal would boost job placement transparency
(DBN)

These People Need Jobs
(DBN)

Lawyer of the Day: Drug Prosecutor Arrested for…
(DBN)

Blame Yourself, Not Law School, for Failing NY Bar Exam, Judge Tells Plaintiff Paralegal
(DBN)

Barry Bonds Steroids Perjury Trial to Open Before Jury of 8 Women, 4 Men
(DBN)

Apple, Amazon, Barry Bonds, Wisconsin Law, Insider Trading in Court News
(DBN)

______________

Judges:

Judge Rakoff Again Questions an S.E.C. Settlement
(DBN)

Judge scoffs at Blagojevich motion based on delay in payment to his lawyers
(DBN)

Book Review: "Justice Brennan: Liberal Champion"
(DBN)

Fla. Courts Facing $72.3M Deficit
(DBN)

State courts declare financial emergency, seek help
(DBN)

"That decision is as inexplicable as it is unexplained. It is reversed"
(DBN)

Ninth Circuit Gets Another Dressing-Down from High Court
(DBN)

Judge Blasts Fellow He Believes Defrauded Court to Get Free Lawyer in Divorce
(DBN)

Have We Looked Into Declaring a ‘No-Fly Zone’ Over Wisconsin?
(DBN)

Causal link between judicial burdens and the outcomes of appeals?
(DBN)

______________

Wall Street:

U.S. stock futures point to slightly firmer start
(DBN)

Financials Lead FTSE Higher
(DBN)

Asian Stocks Advance as Japan Crisis Eases; Nikkei 225 Surges
(DBN)

Wall Street Stocks Close Higher as AT&T Deal Offsets Rising Oil Prices
(DBN)

All Clear Sounded as Markets Shrug Off Multiple Black Swans
(DBN)

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Layoffs:

The Stigmatization of the Unemployed
(DBN)

Sorry State of America's Wage Earners
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

UCC:

One for the Article 9 Mavens
(DBN)

______________

Nuclear:

Moody's sees risk to GE's nuclear unit
(DBN)

Nuclear Power Runs Amok
(DBN)

______________

Banking:

WaMu Wins Approval to Send Revised Bankruptcy Plan to Creditors for Vote
(DBN)

Dissecting Distress in the Banking Sector
(DBN)

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Health Care:

Provider of care to disabled files for bankruptcy
(DBN)

______________

Municipalities:

Bankruptcy may be all that's left for Jefferson County
(DBN)

Henes: It is Time for States to Regain Fiscal Health & We Need True Leadership
(DBN)

Michigan local govt oversight law a positive-Moody's
(DBN)

Calculating the Cost of State Budget Cuts
(DBN)

Insolvency Looms as States Drain U.S. Disability Fund
(DBN)

Rural Oregon counties face bankruptcy without state help
(DBN)

Meredith Whitney Still Thinks We'll See Muni Defaults Worth Hundreds Of Billions Of Dollars
(DBN)

Calif. Tax Collectors May Pursue Web Shoppers
(DBN)

America's Least Toxic Cities
(DBN)

10 Most Toxic Cities
(DBN)

______________

Religion:

Bankruptcy Court Says Amish Plan Would Violate Establishment Clause
(DBN)

Upset About Bankruptcy Case, Amish Seek Unsuccessfully to Settle $33M Matter Outside Court
(DBN)

Forgive Us Our Debts?: Political Church In Iowa Faces Bankruptcy
(DBN)

______________

Cemeteries:

More dumped bodies found at Burr Oak
(DBN)

______________

Corporate Reform:

SEC moves toward charging top execs at Fannie Mae, Freddie Mac
(DBN)

Lack of Criminal Prosecutions: Was the SEC Deterred by a Widely Overlooked Ruling?
(DBN)

Rep. Capito Takes On Dodd-Frank, Elizabeth Warren
(DBN)

Warren's Job Prospects Back In The News
(DBN)

As for Elizabeth Warren? Barney Frank says: “Let's fight!”
(DBN)

Rep. Frank: Obama doesn't have stomach for Elizabeth Warren fight
(DBN)

Elizabeth Warren Is Not Jesus
(DBN)

The Elizabeth Warren Rorschach Test
(DBN)

______________

Shipping:

Vapores Rallies as Executive Says Shipper Won’t Go Bankrupt
(DBN)

______________

Video Rentals:

Blockbuster liquidation plan not ready
(DBN)

______________

Debt Collection:

Servicemen and Debt: Know Your Rights
(DBN)

FTC Submits Report On Debt Collection To Congress
(DBN)

______________

Personal Finance:

How to Beat the Salad Bar
(DBN)

______________

Economy:

Existing Home Sales in US Slump; Prices Decline to Lowest Since 2002
(DBN)

CBI Factory Orders Growth Picks Up to Fastest Pace in 3 Years
(DBN)

Fed Must Release Loan Data as High Court Rejects Appeal
(DBN)

Fed's Court-Ordered Transparency Shows Americans `Have a Right to Know'
(DBN)

Winkler Discusses Fed Bank Loan Data Ruling
(DBN)

Will the Loss of Fed Secrecy Cripple Emergency Lending?
(DBN)

Stress tests suggest economy may slide back into crisis
(DBN)

The Sickening Level Of Federal Spending
(DBN)

Manchin: No Debt Ceiling Vote Without Deficit Reduction
(DBN)

As Oil Prices Soar, Firms Weigh Options
(DBN)

Here comes $4 Gasoline
(DBN)

To Geithner's Disappointment Non-AIG Bidders Emerge For Maiden Lane II Assets, Preventing Another Taxpayer Rout
(DBN)

Nation’s GDP as US States, China Provinces
(DBN)

Rich People in the U.S. Seem to Be Pulling Their Tax Weight Relative to Other Industrialized Countries
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Chicago Fed says housing remains a weak spot in the economy
(DBN)

Census 2010 Housing Occupancy and Vacancy Data
(DBN)

9000 dropped foreclosure cases from Plantation law firm now in limbo
(DBN)

February Existing-Home Sales Drop 9.6%
(DBN)

Home, condo sales on the rise in Florida
(DBN)

California pending home sales spike in February
(DBN)

Sixteen percent of Arizona homes vacant
(DBN)

Rental Houses Heading Up In Price
(DBN)

NYC: Foreclosures Down Citywide; Brooklyn Hardest Hit Borough
(DBN)

Why I'm Never Going to Own a Home Again
(DBN)

Homebuilders see no signs of short-term recovery in market
(DBN)

Will Spring Lead to Sunnier Housing Data?
(DBN)

Senator Merkley Cites benefits Of Cramdown Power (scroll down)
(DBN)

Depressing Facts About The Housing Crash That Never Seems To End
(DBN)

Sixth person pleads guilty in foreclosure auction rigging conspiracy
(DBN)

Treasury to wind down MBS with up to $10 billion in monthly sales
(DBN)

Banks Likely Buyers of $142B in Treasury MBS
(DBN)

Barclays considers bid for US securities
(DBN)

Distressed property sales decline on foreclosure issues facing servicers
(DBN)

Housing Discounts Expected
(DBN)

PwC: Commercial real estate starts 2011 on 'right foot'
(DBN)

New Legislation Aimed At Attracting Investment in Distressed CRE
(DBN)

Moody's expects temporary GSE exemption from mortgage risk rules
(DBN)

Shadow inventory impacts vary by state
(DBN)

Statewide shadow inventory rocked by foreclosure snafu
(DBN)

It Will Take Two Years To Sell America's Excess Homes
(DBN)

Agent Sounds Off at BofA on YouTube
(DBN)

Bids rigged in California property auctions
(DBN)

Former Fannie Mae head investigated for lying to investors -- his name is "Mudd"
(DBN)

Grubb & Ellis Hires Adviser to Explore Strategic Alternatives, Including Sale of Company
(DBN)

An idea for how to deal with second liens
(DBN)

_____________

Fraud:

Mets Say Madoff Trustee Made Charges to Force Settlement
(DBN)

Mets owners tied to Madoff mess may face new asset sale hurdle
(DBN)

Madoff Claims He Lent Norman Levy $100 Billion
(DBN)

Mask appeal: Lawsuit for Madoff memento
(DBN)

Is Madoff’s Auditor Spilling His Guts?
(DBN)

Rajaratnam trial hears Hilton takeover evidence
(DBN)

Rajaratnam pocketed $4M on Hilton deal: feds
(DBN)

Raj Rajaratnam Got Information From Moody's, Not Tipster, Says Lawyer
(DBN)

Hilton Stock Purchase Lawful, Rajaratnam's Lawyer Tells Jury
(DBN)

What, Precisely, is Inside Info? Legal Issue Arises in Raj Trial
(DBN)

In Galleon Trial, Hilton Deal Illustrates a Fine Legal Line
(DBN)

Galleon Jurors Hear Tapes of Intel Officer
(DBN)

Rajaratnam Was Taped by FBI Being Tipped on Clearwire-Sprint Network Deal
(DBN)

Rajat Gupta Will Not Settle for Anything Less Than His Very Own Trial by Jury
(DBN)

Behind Galleon Figure's Court Challenge to SEC
(DBN)

Rajat Gupta Just Resigned From The Business School That's Being Used As Evidence In The Insider Trading Scandal
(DBN)

Huntington could face penalty in fraud case involving telemarketer
(DBN)

Indiana senator returns cash from troubled financier
(DBN)

Durham released on $1M bond
(DBN)

Did Political Operative Bev Stracher Pass On Scott Rothstein Campaign Cash?
(DBN)

Will Ameriprise Cover Securities America's Medcap Liabilities?
(DBN)

Ex-UBS Banker Igor Poteroba Is Sentenced to 22 Months for Insider Trading
(DBN)

Former Taylor Bean Chairman Loses Bid To Delay Trial
(DBN)

______________

Lehman:

Homeowners Group Says Lehman Project Damaged Colorado Houses
(DBN)

Lehman expected CDO market to worsen
(DBN)

______________

Credit Cards:

JPMorgan to End Debit Rewards for Most of Its Customers
(DBN)

Behind the Battle Over Hidden Debit Card Fees
(DBN)

______________

Autos:

Auto Union Looks to Recover Concessions From Ford During Contract Talks
(DBN)

Disasters show flaws in just-in-time production
(DBN)

Japan: Lost output to reach 338,000 units by 25 March
(DBN)

General Motors lays off workers at NY plant
(DBN)

Opel to reduce workforce by 1,200
(DBN)

Slack demand, overcapacity crimp profits for Big 3 in Europe
(DBN)

Toyota delays restarting car production in Japan
(DBN)

______________

Celebs:

Animal-Rights Group Won't Buy Vick Compound, For Now
(DBN)

______________

Publishing:

St Stephen the Great files for bankruptcy
(DBN)

American bookshops in decline
(DBN)

______________

Resorts:

Another ranch resort goes under
(DBN)

______________

Trucking:

YRC Board Member Trubeck Optimistic Company Can Complete Restructuring
(DBN)

______________

M&A:

No deal: Goldman's M&A slip is showing
(DBN)

______________

Sales:

Asset Buyers Beware: Asset Buyers May Be Liable for Seller’s Unpaid Multiemployer Plan Contributions Under Successor Liability Rule
(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
(Temporarily Unavailable)

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)

______________

Insurance:

Majestic Capital's merger deal collapses; bankruptcy looms
(DBN)

Mediator named in Ambac lawsuit against United States
(DBN)

‘Hole-in-One’ Cat Bonds Rank as Top Asset Eluding Japan Disaster's Grasp
(DBN)

Japan Quake May Cost Life Insurers $4.9 Billion
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

Madoff, Borders, Lehman, Point Blank, Suffolk OTB: Bankruptcy
(DBN)

Banks kick the can down the road
(DBN)

_____________

Aviation:

Aerolineas Argentinas Asks Court To End Creditor Protection
(DBN)

______________

Gambling:

Lawyers, others look for payments from Twin River
(DBN)

______________

Oil/Gas:

Wyoming betting on coal-bed methane comeback despite industry bankruptcies
(DBN)

Spokesman for St. Anselm Exploration denies Ponzi
(DBN)

Wharton Students Recommend SemGroup
(DBN)

______________

Derivatives:

Deutsche Bank Loses Interest-Rate Swap Appeals Case at Highest Civil Court
(DBN)

______________

UK:

U.K. February Inflation Quickens More Than Forecast to 4.4%
(DBN)

Appointment of Administrators - 21 March 2011
(DBN)

Winding Up Petitions - 21 March 2011
(DBN)

U.K. Budget to Stay Course on Austerity
(DBN)

‘Zombie companies’ heading for oblivion
(DBN)

Linklaters sues Gianni after being hit with Credit Suisse-Parmalat writ
(DBN)

AssetCo survival at stake
(DBN)

JJB landlord refuses CVA
(DBN)

JJB Sports Says in Dark on Extra Time Vote
(DBN)

Financial restructuring in focus for Southern Cross
(DBN)

______________

EU:

ECB Officials Signal April Interest Rate Increase Still Likely
(DBN)

Details Are Set on New Euro-Zone Bailout
(DBN)

French Bank Chiefs Win Million-Euro Bonuses
(DBN)

EU Proposal Puts Bailout Burden On Investors
(DBN)

______________

Canada:

Creeping Rollups: Repaying Pre-Petition Secured Debt Under the CCAA Under a DIP Facility
(DBN)

Fraudulent preferences and transfers at undervalue
(DBN)

Appeals from disallowances of claims by trustees: true appeals or hearings de novo?
(DBN)

Waiving solicitor/client privilege on behalf of a bankrupt company
(DBN)

Ethical issues in bankruptcy and insolvency
(DBN)

Claiming legal costs in an insolvency proceeding
(DBN)

Harris sanctioned for operating Ponzi
(DBN)

Angiotech Asks U.S. Court To Sign Off On Restructuring Plan
(DBN)

How Did Canada Miss the Housing Bust?
(DBN)

______________

France:

Parallel Debt Mechanism Validated
(DBN)

______________

Japan:

Banks Join Forces To Fight Yen Speculators
(DBN)

Toyota, Sony Disruptions May Last Weeks After Japan Earthquake
(DBN)

Past suggests little lasting harm to Japan economy
(DBN)

Tepco to pay Japanese farmers for losses
(DBN)

How will Japan's economy fare after the disaster?
(DBN)

Car Prices Likely To Jump As Shortages Spread
(DBN)

Near Fukushima, Struggling With Shortages And Fear
(DBN)

Japan Economy V-Shaped Rebound Hangs on End to Blackouts
(DBN)

The Bank of Japan averts a financial earthquake
(DBN)

Report: TEPCO Hiring Homeless People In The Fukushima Death Zone
(DBN)

TEPCO Up Big For Second Straight Day
(DBN)

Fukushima nuclear plant's owner is slammed for lacking candor
(DBN)

Earthquake/Nuclear Accident Warnings Ignored by Japan
(DBN)

Nuclear Plant Contaminates Sea After Damage to Fuel Rods
(DBN)

______________

MENA:

Arab Regimes Under Siege
(DBN)

No U.S. air support for rebels
(DBN)

Arab League all over the map
(DBN)

International Support For The Libyan War Is Collapsing
(DBN)

Libya War Cost Headed for the Billions
(DBN)

EU Freezes Assets
(DBN)

'Gold Bug' Gaddafi can afford mercenaries for months, perhaps years
(DBN)

Yemeni general defects as president's grip erodes
(DBN)

Wave of Unrest Shakes Syria; Crowds Torch Party HQ
(DBN)

______________

Czech Republic:

New Sazka bankruptcy proposal
(DBN)

PPF Group Bought Sazka Debt From Billionaire Vitek, CTK Reports
(DBN)

Czech Sazka to file for insolvency - website
(DBN)

______________

New Zealand:

Developer tries to win last minute deal
(DBN)

McKenna given more time to repay creditors
(DBN)

______________

Ireland:

Bank drops fraud action as Drumm agrees to pay $3000
(DBN)

______________

Denmark:

Bail-In Losses Leave Denmark Battling Isolation
(DBN)

______________

Vietnam:

No Penalty For Hanoi Ship Scandal Officials
(DBN)

______________

 

 

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