March 8, 2011

The Daily Bankruptcy News

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Law:

Jobs are Back! (But Just Not in the Legal Industry)
(DBN)

Dewey Have Enough Partners to Mess Up the Winston / Howrey Deal?
(DBN)

Law Firms with Lobbying Shops Profit, Even as They Battle Pay Issues
(DBN)

Jackpot!: Which Firm Paid Associates a Bonus on Top of Their Bonus?
(DBN)

American College of Bankruptcy To Induct Weil's Holtzer
(DBN)

Howrey to Vote on Dissolving This Week
(DBN)

How Howrey Might Bite the Dust
(DBN)

Chevron Fights to Keep John Keker Out of Case
(DBN)

Stern Law Firm to Cease Foreclosure Work This Month, Unit Says in Filing
(DBN)

JPMorgan Names New Senior Lawyer for Home Lending
(DBN)

Curtis Mallet Adds Bankruptcy Lawyer
(DBN)

Eversheds' Italy chief faces jail over Cirio directorship
(DBN)

Ballard Spahr Suing Harrisburg After Helping Debt-Saddled City
(DBN)

Introducing Raj Rajartnam's Lawyer: John Dowd Leads Nine Lawyers Trying To Prove Raj Is Innocent
(DBN)

UK Law Firms Becoming Businesses?
(DBN)

Circuit Throws a Flag on ABA Challenge of "Red Flags" Rule
(DBN)

Small Firms: T-Bone, Esq.
(DBN)

In-House: Oy, Libya!
(DBN)

Why Enron’s Downfall May Be Hurting the Legal Job Market
(DBN)

LawPivot lawyers up from Apple
(DBN)

Weepy lawyer Jonathan Bristol set to plead guilty in Kenneth Starr's $33M scam
(DBN)

Male Investigator Says Female Lawyer Sexually Assaulted Him
(DBN)

After Solid 2010, Perkins Coie Adds New York Office
(DBN)

Rajaratnam, Atheros, Lehman, Bayer, Appollo in Court News
(DBN)

Ethical Fallout from the Foreclosure Crisis
(DBN)

Law Clerk at Corboy & Demetrio ‘A Little Freaked Out’ by Fire Sunday; Multiple Law Offices Closed
(DBN)

End of Puppy Mills?
(DBN)

Jilted Lawyer Bride Sues Sidley Associate for Wedding Expenses
(DBN)

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Judges:

Citing 4-Year Vacancy, Chief Fed'l Judge in RI Sends Cases to Other States
(DBN)

Protest group try to arrest judge
(DBN)

Orange County judge found dead in home
(DBN)

"You always surrender in an argument with your wife, right? Isn't that the formula for marital happiness?"
(DBN)

One Day After Judge Orders Woman to Have Hysterectomy for Cancer, Top Court Calls a Halt
(DBN)

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Wall Street:

Stock futures rise as crude edges down
(DBN)

Stocks fall as Libya drives oil, gold higher
(DBN)

Goldman's Pariah Status Fades as Broadbent Joins BOE MPC
(DBN)

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Layoffs:

The Real News on Jobs
(DBN)

Hiring Intentions at US Employers Improving, Manpower Says
(DBN)

20 Surprising Jobs Women Are Taking Over
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Raj Rajaratnam Trial Will Be `Brawl'
(DBN)

Galleon Judge Speaks Softly, Carries Tough Rep
(DBN)

Rajaratnam Judge Holwell Censured Insider Trading in Plotkin, Hariri Cases
(DBN)

Who Will Take the Stand in the Galleon Trial?
(DBN)

A Look at the Landmark Insider Trading Case
(DBN)

Insider Trading Hurts: McKinsey Survives But Target Companies Suffer
(DBN)

Raj case puts hedge-fund returns on trial
(DBN)

Rajaratnam to Take the Stand in His Own Defense
(DBN)

Trial offers new look inside Wall Street
(DBN)

Here Are The 11 Questions You Have To Answer Correctly To Get On The Raj Jury
(DBN)

Raj Rajaratnam's Defense Leaves Nothing To Chance In Jury Selection
(DBN)

At long last, an insider trading trial for the ages
(DBN)

Why you need to watch the Galleon case
(DBN)

The Mets/Madoff Billion Dollar Question
(DBN)

On the Softly-Talking, Big-Stick-Carrying Irving Picard
(DBN)

Court Challenges Delay Payouts for Madoff Victims
(DBN)

Vaughan's Posh Mansion To Be Auctioned Off
(DBN)

Conn Hedge Fund Manager Pleads Guilty to Fraud
(DBN)

US charges three in global Ponzi scheme
(DBN)

Money manager linked to Cook's Ponzi scheme charged with fraud
(DBN)

Woman stole $285,000 from nuns, spent it on lingerie and pet sitting, feds say
(DBN)

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Banking:

Parent of failed Sterling Bank files Chapter 7
(DBN)

Deutsche Bank Lifts Its Profile in the U.S.
(DBN)

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Autos:

GM's painful addiction? New car discounts take hold again
(DBN)

Administrators of Bristol Cars looking for buyer
(DBN)

______________

Hotels:

Westport Holiday Inn Express, Olathe Sleep Inn go up for auction
(DBN)

Best Western Rockland headed to auction
(DBN)

Hotel Monaco Baltimore to be sold to Kimpton
(DBN)

Petersburg hotel's owner files bankruptcy petition
(DBN)

______________

Software:

Qtask fined in Rothstein proceedings
(DBN)

______________

Hedge Funds:

Hedge funds turn around as launches outpace liquidations
(DBN)

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M&A:

JPMorgan Tops Investment Bank Fees Spurred by Deals from Beijing to Brazil
(DBN)

______________

Health Care:

Docs drop suit after court "red flag" ruling on creditors
(DBN)

Meridian Behavioral Health files Ch. 11
(DBN)

Hospital closures test New York layoff law
(DBN)

Healthcare reform in Mass. has not solved medical bankruptcy
(DBN)

Medical bankruptcies a continuing problem, study finds
(DBN)

Mitt: ObamaCare vs. RomneyCare
(DBN)

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Video Rentals:

Will Blockbuster Be Forced to Liquidate?
(DBN)

865 Blockbuster jobs at risk in buyout
(DBN)

______________

Celebs:

Allen Iverson Facing Foreclosure
(DBN)

Al Pacino in tax hell as IRS claims they were shorted
(DBN)

Editor of Black’s Law Dictionary Defines ‘To Pull a Sheen’
(DBN)

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Corporate Governance:

Fulbright: "Corporate Governance At-A-Glance"
(DBN)

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Retailing:

Could Best Buy suffer the same fate as Circuit City?
(DBN)

Barnes & Noble auction gets case of writer's block
(DBN)

Why Barnes & Noble Avoided Borders' Fate
(DBN)

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Economy:

Fed Officials Signal Little Need Now for Further Bond Purchases
(DBN)

Government posts biggest monthly deficit ever
(DBN)

Retail Sales Drop, House Price Falls Slow
(DBN)

Bernanke, interest rates & QE
(DBN)

Social Security needs to be fixed - So just do it
(DBN)

Housing remains economy's weak spot, Atlanta Fed CEO says
(DBN)

Bill Gates' Philanthropy Costs Him Richest-Man Title
(DBN)

The Single Woman’s Shopping List
(DBN)

Oil and gold: Rally won't last
(DBN)

Oil futures pull back from 29-month highs
(DBN)

US Isn't Broke, It's Just Cheap
(DBN)

Middle Wage Workers and the Recession
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Is the Florida Foreclosure King Abdicating? David J. Stern Will Close His Law Firm
(DBN)

Iowa AG wants foreclosure deal within two months
(DBN)

Iowa Atty Gen: Trying To Change 'Dysfunctional' Mortgage System
(DBN)

Foreclosure-Gate Settlement Leaked?
(DBN)

The Mortgage Mess Settlement Proposal: Off to an Awful Start
(DBN)

The well-intentioned but doomed mortgage settlement
(DBN)

Attorneys General Push for Loan Reductions
(DBN)

A Closer Look at MERS, the Industry’s Controversial Mortgage Clearinghouse
(DBN)

Foreclosure Industry Getting Friends in Press to Write Up Their Arguments
(DBN)

How the State AGs Want to Revamp Mortgage Servicing
(DBN)

Divisions emerge on US foreclosure settlement
(DBN)

Foreclosures focus of protests, talks
(DBN)

Foreclosure Protesters Descend On Washington
(DBN)

US House panel to hold foreclosure hearing in Baltimore
(DBN)

Protesters Ream State AGs over Foreclosure Settlement
(DBN)

Any new ideas to prevent the slow death of MERS?
(DBN)

Moody's finds MERS fire at little risk of spreading
(DBN)

Real estate deficiency suits becoming more prevalent
(DBN)

Report: First-time Buyers Fade From Market
(DBN)

Tousa's Creditors Lose Bid To Revive Revolving Loan Claims
(DBN)

TOUSA II: Lenders Win Again
(DBN)

Nameless, formless crisis enveloping nation's home price indices
(DBN)

Fannie Mae and Freddie Mac girding for more pain
(DBN)

A Plan to Phase Out Fannie Mae and Freddie Mac
(DBN)

Should Fannie and Freddie Go?
(DBN)

Without Loan Giants, 30-Year Mortgage May Fade Away
(DBN)

Regulators craft mortgage-lending rules
(DBN)

New approach leads Moody's to downgrade nearly $1.7B of Chase RMBS
(DBN)

Higher down payments will stifle mortgage market, CRL says
(DBN)

Increase in sales of high-end homes in 2010
(DBN)

Florida Builder Lands in Bankruptcy After TV Gig
(DBN)

California Real Estate Investor Pleads Guilty to Bid Rigging at Public Foreclosure Auctions
(DBN)

FTC sues foreclosure rescue company
(DBN)

Seven New Entrants to Big-Ticket Property Lending-Poll
(DBN)

_____________

Consumer Credit:

Consumer Credit in US Increased $5.01 Billion in January
(DBN)

Credit-Card Use Falls
(DBN)

______________

Lehman:

Lehman Mortgage Bond Investors Lose Case to Have Notes Declared in Default
(DBN)

Libya's Lehman Bet
(DBN)

Swedbank Gains From Lehman Deal
(DBN)

______________

Mass Torts:

Gone Fishin’? Lawyers Say You May Qualify For a Check from BP
(DBN)

Task Force Formed in Gulf Oil Spill Probe
(DBN)

______________

Aviation:

American Airlines Plans $1 Billion Debt Offering as Jet Fuel Costs Surge
(DBN)

Airlines tack on even more fees
(DBN)

As the Pretzels Go, So Goes Flying Quality
(DBN)

United-Continental Airlines trims expansion plans
(DBN)

Air Canada workers fear layoffs on the way
(DBN)

______________

Compensation:

Humana CEO Sees 2010 Compensation Slide 6 Percent . . To $6.1M
(DBN)

______________

Furniture:

Bankruptcy auction process under way for Robb & Stucky
(DBN)

Robb & Stucky loses bid to stay in business
(DBN)

______________

Food/Drink:

JB's Family Restaurants files Ch. 11 bankruptcy
(DBN)

Giordano's hires restructuring firm
(DBN)

Ailing Retailer Harry & David Expected To Survive, But Shrink
(DBN)

Rising food costs could force US eatery overhaul
(DBN)

McKenna Long & Aldridge LLP Advises Townsends, Inc. in the Sale of its Operating Divisions
(DBN)

______________

Environmental:

'Old GM' to pay another $51 million to settle
(DBN)

______________

Municipalities:

Alabama county devises road map for debt crisis
(DBN)

Vallejo, Unions Should Start Final Bankruptcy Fight in June, Judge Rules
(DBN)

Public safety, jobs a concern for bankrupt California city
(DBN)

Stockton 'Most Miserable City' ... Again
(DBN)

More Public Infrastructure Sale Tales of Woe
(DBN)

Is it union-busting or saving cities from bankruptcy ?
(DBN)

Roubini's Guide To The Muni Crisis That Will Hammer The Economy
(DBN)

Florida lawmakers pushing for bigger casinos
(DBN)

States' financial woes push some to consider the unthinkable
(DBN)

______________

Trucking:

In Midst of Restructuring, YRC CFO Leaving
(DBN)

Harry Wilson’s Latest Fix-It Job
(DBN)

______________

Autos:

General Motors' New Stock Starts to Look Like the Old One
(DBN)

Chrysler value up five-fold since mid-2009-filing
(DBN)

Chrysler Estimates Its Value at $4.77 Billion for Executive Pay
(DBN)

Congressmen call for investigation of Delphi pension takeover
(DBN)

______________

Pensions:

Fixing Pensions Requires Cutting Existing Benefits
(DBN)

______________

Religion:

Abusive Priests Live Unmonitored
(DBN)

______________

Viaticals:

New Stream Fund Investors Seek to Force Bankruptcy
(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)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

______________

Insurance:

Third Circuit D&O decision underlines primacy of exclusionary language
(DBN)

______________

Bankruptcy Statistics:

Wake County bankruptcies drop 6%
(DBN)

Bankruptcy Filings Up Slightly In February
(DBN)

Bankruptcy Filings Climb in February, But Looks Can Be Deceiving
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Poetry:

Centro sale
(DBN)

Kenneth Starr
(DBN)

______________

Professional Retention:

Resolving Client Conflicts by Hiring 'Conflicts Counsel'
(DBN)

______________

Plan Confirmation:

The dog that didn't bark - Second Circuit's opinion in DBSD North America disallows gifting, but is silent on cramdown of secured creditor
(DBN)

______________

Personal Bankruptcy:

No spousal equality in bankruptcy, SJC finds
(DBN)

______________

Miscellaneous:

The Year in Bankruptcy: 2010
(DBN)

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Auto Racing:

NJ Motorsports Park files for bankruptcy
(DBN)

______________

Newspapers:

Tribune Trustee Can't Cap Damages at $15M
(DBN)

Who owns newspaper companies?
(DBN)

Tribune puts spotlight on hedge fund battler
(DBN)

Judge weighs rival plans in Trib bankruptcy
(DBN)

Judge in Tribune Co. bankruptcy could reject both reorg plans
(DBN)

Judge hears initial arguments in trial to examine merits of competing Tribune plans
(DBN)

Judge opens Tribune bankruptcy trial with warning
(DBN)

______________

UK:

Prepacks: "It's better than nothing"
(DBN)

Insolvency Service clamps down on directors of insolvent companies with longer bans
(DBN)

Appointment of Administrators - 7 March 2011
(DBN)

Winding Up Petitions - 7 March 2011
(DBN)

U.K. Inflation Pressures Mount as Manufacturers Face Higher Material Costs
(DBN)

______________

EU:

IMF's Lipsky says fund ready to help euro zone nations
(DBN)

Europe's Conservative Leaders Call for Conditions on Bailouts
(DBN)

Higher Oil Drives ECB and Fed Even Further Apart
(DBN)

______________

Canada:

Bill would protect workers in bankruptcy
(DBN)

Ontario Court of Appeal Considers Circular Priorities
(DBN)

How Canada avoided the economic meltdown that sunk the Sunshine State
(DBN)

______________

Germany:

Bundesbank's Weber Says German Recovery to Continue, Broaden
(DBN)

______________

PIGS:

Portugal And Spain Are Not Expected To Ask For Bailout, Says Regling
(DBN)

The Portuguese Are The Most Fearful People In Europe
(DBN)

Portugal edges closer to crisis
(DBN)

Greece sells 1.625 bln eur T-bills, 26-week yield 4.75%
(DBN)

Time not on Greece's side as debt decisions needed fast
(DBN)

Moody's Downgrades Greece; Market Shrugs
(DBN)

Moody's signals no imminent Irish rating cut
(DBN)

Moody's Lights a Fire Under EU
(DBN)

Study Highlights Long-Term Challenges for Euro Zone
(DBN)

______________

MENA:

Rebels hold positions in face of airstrikes
(DBN)

Battles Continue In Key Libyan Cities
(DBN)

Gaddafi battles to retake oil terminal
(DBN)

Britain, France ready Libya no-fly zone resolution
(DBN)

Arab League Says Yes To No Fly Zone, Opens Door For U.S. Led Attack
(DBN)

Against Libya's rebels, Gadhafi controls the skies
(DBN)

International community reacts as Libya continues striking rebel positions
(DBN)

Oil in front line as Gaddafi's forces advance on the rebels
(DBN)

Who are the people of Libya ?
(DBN)

Libya and the Prince
(DBN)

Protesters storm the Egypt security office and find some stunning documents
(DBN)

Lazard: We Are "Approaching Oil Price Levels That Might Spur An Extraordinary OPEC Meeting"
(DBN)

Kuwait says OPEC in informal talks on oil output
(DBN)

SocGen Warns Of $200 Oil If Unrest Hits Saudi Arabia
(DBN)

Morgan Stanley to Libya: 'No' on Oil Trading
(DBN)

Roubini Predicts Oil Will Hit $150 Per Barrel
(DBN)

Speculators Double Down on Oil
(DBN)

Saudi Arabia's `Day of Rage' Lures Record Bets on $200 Oil: Chart of Day
(DBN)

Kuwaiti protests on Tuesday aim to remove PM
(DBN)

______________

Australia:

Bill is missing the luck of the Irish
(DBN)

Hoy in jail at last
(DBN)

______________

New Zealand:

Economic Confidence Slumps To Two-Year Low
(DBN)

Parts of quake-hit NZ city to be abandoned
(DBN)

______________

Japan:

TPG, J-Trust Contenders for Takefuji
(DBN)

Bankruptcy cases decline in Japan
(DBN)

______________

Czech Republic:

Second Creditor Files Insolvency Claim Against Sazka
(DBN)

______________

Bangladesh:

Work And Life In The Capital Of Bangladesh
(DBN)

______________

Bulgaria:

Bulgaria's corporate failures ballooned in 2010
(DBN)

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Copyright 2011