May 23, 2011

The Daily Bankruptcy News

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Law:

Charity Doesn't Begin at Home: NY Firm Gives Big Raises to Associates, But Only Overseas
(DBN)

Steven Donziger: Overexposed
(DBN)

Pressure on Hogan Lovells to inform Met of fraud
(DBN)

New Data on Law Firm Diversity
(DBN)

Morgan Lewis Stands by IMF Report on Strauss-Kahn
(DBN)

Amid Changes, Law School Tries to Get Real
(DBN)

Former Ropes & Gray Lawyer Explains Why He Went Astray
(DBN)

Guard Dog to the Stars (Legally Speaking)
(DBN)

KEL partner: Attorney won’t be fired
(DBN)

The Impact of Disregarding Document Preservation Obligations
(DBN)

Michael Ovitz Sued For Owing $203K Legal Fees In Pellicano Scandal
(DBN)

Lawyer named in sex bias suit jumps to K&L Gates
(DBN)

Isn't It Romantic?
(DBN)

Never turn down a case
(DBN)

McElhaney: You’re a Lawyer Now, So You Can Stop Sounding Like One
(DBN)

Reliance On Counsel: Earning a Seat At the Table, Part V
(DBN)

First, We Pay the Lawyers: Goldman Sachs Pays $700 Million to Attorneys
(DBN)

Bad Jobs: They're still being advertised
(DBN)

How to Help Your Law Firms Understand Your Business Better
(DBN)

E-Discovery Market Predicted to Reach $1.5B in 2013
(DBN)

Unconventional Presentation Tip
(DBN)

Is Johnathan Perkins, aka the UVA Law Fabulist, Going to Graduate?
(DBN)

So This Is Why People Keep Applying To Law School
(DBN)

Tased Bro Goes To Law School
(DBN)

Your Tuition Dollars Hard At Work
(DBN)

Wannabe Lawyers Aim to Draw Congress Into Law School Transparency Debate
(DBN)

7 Tips to Help You Confront Your Law School Debt
(DBN)

Law School Deception, Part 3
(DBN)

JPMorgan, Strauss-Kahn, Lehman, HSBC, Galleon in Court News
(DBN)

A.D.A. pulled from case after being romantically linked to alleged drug dealer
(DBN)

Chinese Firms Confront Generational Gripes Over Compensation
(DBN)

Judge Orders Lawyer to Jail for ‘Atrocious’ Behavior During Jury Selection
(DBN)

Keeping jurors offline
(DBN)

Police Led to Drug Suspect After His Phone Pocket Dials 911
(DBN)

Businessman's spankings lead to charges
(DBN)

Thief Steals Woman's Hair At Bus Stop
(DBN)

TV Justice Thrives on Fear
(DBN)

Woman Threatens Dairy Queen Employees with a Grenade
(DBN)

Customer pulls sword at Pizza Hut
(DBN)

Sorry Dad
(DBN)

______________

Judges:

Judge of the Day: What’s Wrong With Three-Hour Lunches and Shopping at the Gap?
(DBN)

Judge Questioned in Court Bribery Investigation Removed From Criminal Cases
(DBN)

Judge Who Acted with ‘Unconscionable Arrogance’ Must Retire or Face Suspension
(DBN)

Judge Busted, Called a Flight Risk
(DBN)

Judges Walk Tightrope With Online Presence
(DBN)

Justice Thomas Thinks Fat, Dumb Low-Wage Deputy Sheriffs Love His Opinions!
(DBN)

Justice Scalia speaks in Mississippi
(DBN)

______________

Wall Street:

Wall Street stock index futures point to falls
(DBN)

Futures fall on euro-zone debt concerns
(DBN)

Stocks Tumble, Euro Weakens on Debt Concern; Bond Risk Jumps
(DBN)

US Stocks Fall a Third Week on Europe Concern, Forecast Cuts
(DBN)

What Kind of God Do Wall Street Bankers Believe In?
(DBN)

Wall Street sees a shift in leadership
(DBN)

______________

Layoffs:

California's unemployment rate dips to 11.9% as state adds 8900 jobs
(DBN)

Florida jobless rate drops to 10.8%
(DBN)

MA: State's jobless rate hits a two-year low
(DBN)

Jobless rate in Illinois hits 26-month low
(DBN)

The 10 Worst Cities for Job Seekers
(DBN)

Job scene improves, but employment figures deceiving
(DBN)

Payrolls Grow in 42 States Including New York, Texas as Job Market Revives
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Autos:

"Dismal Start" for Auto Sales in May
(DBN)

Barack Obama sees auto rescue as 2012 plank
(DBN)

Best option for car shoppers: Postpone buying
(DBN)

Investors demand high yield on Chrysler bonds
(DBN)

Saab-Pangda Deal May Also Fail
(DBN)

______________

Lehman:

Trading in Lehman Bankruptcy Claims Set Record in April
(DBN)

______________

Oil/Gas:

Oil Falls Near Three-Month Low as Housing Start Drop Damps Growth Outlook
(DBN)

Money managers slash bets oil will go higher: CFTC
(DBN)

Gas Stations: We're the Real Gouging Victims
(DBN)

______________

Banking:

Two banks in Georgia and 1 in Washington fail
(DBN)

FDIC Bank Closings
(DBN)

Unofficial Problem Bank list increases to 988 Institutions
(DBN)

Wanna' Bet On Who Wins?
(DBN)

It's Jamie Dimon's world
(DBN)

WaMu agrees on post- bankruptcy control
(DBN)

WaMu, Shareholders, Biggest Creditors Said to Settle Reorganization Fight
(DBN)

Dr. Bair Knows Best
(DBN)

Banks make bucks off short-on-cash customers
(DBN)

______________

Hedge Funds:

Paulson, other big hedge funds, down in May
(DBN)

FrontPoint hit by redemptions again
(DBN)

______________

Corporate Reform:

Protestors halt Aetna shareholder meeting
(DBN)

U.S. Steps Up Loan Scrutiny
(DBN)

SEC Worked Hard to Ignore Warnings of Subprime Fraud
(DBN)

House Dems to Fight Back Against Anti-Warren Movement
(DBN)

SEC Names Craig Lewis As Chief Economist
(DBN)

Financial-Crisis Subpoenas Heading to Goldman Sachs
(DBN)

Senate banking chair pushes back against Republican CFPB reforms
(DBN)

1000 Small Banks May Be Shut Down Due To Dodd-Frank
(DBN)

In Hunt For Standards, Regulators May Be Missing The Point
(DBN)

______________

Credit/Debit Cards:

Swipe fees debate heats up
(DBN)

Stores swiping back!
(DBN)

Five Of Six Card Issuers Report Reductions In Late Payments And Defaults
(DBN)

Mastercard, American Express, Capital One At Multi-Year Highs
(DBN)

______________

Municipalities:

San Jose : Reed declares fiscal emergency , proposes pension ballot measure
(DBN)

Cities Like Davis, California Suffer Over High Taxes And Pension Bailouts
(DBN)

Nev. Economic Forum Chairman Files Bankruptcy
(DBN)

California has no business dictating terms of local government bankruptcy
(DBN)

The Real Fear For The Muni Market Isn't The Default Rate
(DBN)

Do States Really Control Their Fiscal Destiny?
(DBN)

______________

Orchestra:

Orchestra's bankruptcy risks forfeit of $50M gift
(DBN)

Financially troubled Philadelphia Orchestra proves its worth
(DBN)

Translating orchestra's bankruptcy defense
(DBN)

Goodbye, Syracuse Symphony Orchestra; hello, Symphony Syracuse
(DBN)

______________

Golf:

Columbus Country Club files for bankruptcy, recent business cuts didn't offset setbacks
(DBN)

_____________

Radio:

Hosts of some financial-advice radio shows have had issues themselves
(DBN)

______________

Logistics:

Creditors to vote on plan for Dallas Logistics Hub owner to exit bankruptcy
(DBN)

______________

Finance:

Cheap debt sees boom in sales of corporate paper
(DBN)

The legal cost of loan participations post financial crisis
(DBN)

______________

Agriculture:

Texas Drought Has Farmers on the Ropes
(DBN)

______________

Economy:

Consumer spending expected to slow down
(DBN)

In charts: Manufacturing, housing and jobs
(DBN)

95 Days to Wipe Out 2011 Growth
(DBN)

Pile of debt would stretch beyond stratosphere
(DBN)

U.S. Debt Limit Increase Agreement May Take Until August, Ryan Tells NBC
(DBN)

Republicans suggest deal possible on taxes, health
(DBN)

QE2 was a bust
(DBN)

Were The Last 300 Years An Exception To Economic Rules?
(DBN)

The Facts About Social Security
(DBN)

Fannie, Freddie mortgage bonds continue to outperform Treasurys
(DBN)

Dimon: US Debt Default Could be 'Catastrophic'
(DBN)

U.K.'s Osborne backs Lagarde for IMF head
(DBN)

Largarde urges Greek asset sales, coy on IMF job
(DBN)

Lagarde: it’s a lock
(DBN)

Mexican contests Lagarde for IMF
(DBN)

EBRD president Mirow a possible IMF contender
(DBN)

IMF head doesn't need to be from Eurozone, EU says
(DBN)

Could Sakong Take the IMF Job?
(DBN)

Strauss-Kahn leaves jail for house arrest: reports
(DBN)

Where Will DSK Call Home?
(DBN)

Who Will Play Strauss-Kahn?
(DBN - NY Times - Paywall Limit Possible)

Dominique Strauss-Kahn: why French women put up with it
(DBN)

Luxury Manhattan Apartment Won’t Rent to Strauss-Kahn for Home Confinement Stay
(DBN)

Ex-IMF Chief Released To Temp Home In New York
(DBN)

Strauss-Kahn Lawyer Says Charges are Untrue
(DBN)

Strauss-Kahn to get $250,000 in severance: IMF
(DBN)

Saturday Night Live's Amazing Strauss-Kahn Eurozone Crisis Opener
(DBN)

Here's How DSK Will Be Monitored (By The Same Company That Monitored Madoff)
(DBN)

What's Next for Strauss-Kahn?
(DBN)

The Fed Is Your Friend
(DBN)

The Recession by Race
(DBN)

Charlatans and Cranks
(DBN - NY Times - Paywall Limit Possible)

GOP disregarded warnings on Ryan plan
(DBN)

Will Get Fooled Again
(DBN - NY Times - Paywall Limit Possible)

Origins of the Crisis, Fake and Real
(DBN - NY Times - Paywall Limit Possible)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

The MERS Morass, Part II
(DBN)

Federal Court in Texas Deals a Potentially Serious Blow to MERS
(DBN)

One in nine mortgages at risk of foreclosure
(DBN)

The Glut of Foreclosed Homes
(DBN)

A Closer Look At The Glut Of Distressed Homes In The Pipeline
(DBN)

Just How Out of Line Are House Prices?
(DBN)

Walking Away in Chicago
(DBN)

Sustained recovery in housing remains elusive: Fannie Mae
(DBN)

Foreclosures vs. Delinquencies: It’s All About the Courts
(DBN)

Sizing up a sweeping mortgage settlement
(DBN)

Mortgage servicers, OCC meet privately on consent orders
(DBN)

Officials Heighten Mortgage Scrutiny
(DBN)

Mortgage servicer abuse facing state, fed probes
(DBN)

California forms mortgage fraud force
(DBN)

Illinois plan to cut mortgage debt is making waves
(DBN)

Real estate datapoint of the day, 115 Allen edition
(DBN)

AHMSI Proposes Principal-Reduction Program
(DBN)

Six more indicted in $40 million mortgage scheme in California
(DBN)

Seller financing growing in tight housing market
(DBN)

Shaky home market faces scrutiny this coming week
(DBN)

Glut of distressed properties in San Diego market
(DBN)

Are Home Vacancies Bottoming Out?
(DBN)

Florida insurance firm asks for 27% hike in homeowner premiums
(DBN)

Hawaii law allows homeowners to convert foreclosures to judicial cases
(DBN)

Oahu, Hawaii Foreclosures Fall for Fifth Consecutive Month
(DBN)

LA gets tough on banks over foreclosure
(DBN)

Another 'Extreme Makeover' Family Leaves Home
(DBN)

Apartment Investment falls on outlook cut
(DBN)

Moody's downgrades Countrywide scratch and dent RMBS tranches
(DBN)

Downfall of New York builder HRH Construction
(DBN)

Red Flags on NovaStar’s Mortgages Were Unheeded
(DBN - NY Times - Paywall Limit Possible)

Norfolk condo developer's woes leave many feeling burned
(DBN)

Mets Owners Set to Turn Over Property
(DBN)

More Transparency Coming to Hidden Costs of 'Extend & Pretend' Strategies
(DBN)

U.S. Bank settles with HUD over questionable mortgages
(DBN)

_____________

Corporate Reform:

Blankfein Is About To Get A Subpoena Over Goldman's Mortgage Business
(DBN)

______________

Aviation:

Icelandic volcano flings up ash, shuts airport
(DBN)

Aviation enthusiast convicted of bankruptcy fraud in airplane sales
(DBN)

Alabama Aircraft Drafts List of Government Property
(DBN)

______________

Retailing:

Borders wants more time to control bankruptcy case
(DBN)

Borders loses $132.3 million in second full month of bankruptcy
(DBN)

Gap Sinks Most Since 2002 After 22% Forecast Cut
(DBN)

Barnes & Noble: Other Possible Suitors for the Market's Cheapest Tech Stock
(DBN)

Offer for Barnes & Noble undervalues chain
(DBN)

Why Liberty Media Might Want Barnes & Noble
(DBN - NY Times - Paywall Limit Possible)

Malone's Barnes & Noble Bid Evokes 'Buffett-Like' Strategy
(DBN)

Barnes & Noble buyer? Investors read between the lines on announcement
(DBN)

Riggio's revenge
(DBN)

Barnes & Noble Looking Better as It Ages
(DBN - NY Times - Paywall Limit Possible)

Kirkland's profit falls 51% on weak margins
(DBN)

JCPenney Plans Supply Chain Restructuring; Reduced Store Openings
(DBN)

Not so fast, Eddie
(DBN)

______________

Education:

Trump's 'university' targeted by NY regulators
(DBN)

The new college math: 4-year degrees take 5
(DBN)

Budget Mix-Up Provides Nation's Schools With Enough Money To Properly Educate Students :)
(DBN)

China Rush to U.S. Colleges Reveals Predatory Fees for Recruits
(DBN)

______________

Mass Torts:

BP Says Mitsui Will Pay $1 Billion in Gulf Spill Settlement
(DBN)

BP still mired in legal uncertainty
(DBN)

How BP's $41B Spill Costs Break Down
(DBN)

Anadarko shares up on speculation of BP settlement
(DBN)

Anadarko Seen Following Mitsui in Settling BP Spill Costs
(DBN)

______________

Resorts:

Peek'n Peak's president optimistic as key bankruptcy ruling looms
(DBN)

Fraud alleged in resort case
(DBN)

Wolf Mountain in bankruptcy
(DBN)

Utah firm buys Daufuskie assets
(DBN)

______________

Compensation:

Chicago's top paid CEOs
(DBN)

_____________

Nature:

An agonizing wait in Louisiana for creeping floodwaters
(DBN)

Deadly Twisters Rip Through Midwest
(DBN)

Joplin tornado death toll soars to 89; Hit hospital - toll could climb
(DBN)

______________

Telecoms:

Nortel UK pension trustees push for right to battle for cash
(DBN)

______________

Corporate Governance:

Dealing with Multi-Jurisdiction M&A Litigation
(DBN)

______________

Hotels:

Hotel Deal Signals a Recovery
(DBN)

______________

Movie Reviews:

'Too Big to Fail' humanizes 2008 financial crisis, translates complex situation into relatable terms
(DBN)

'Too Big to Fail' captures the frustration of government officials and the arrogance of Wall Street leaders
(DBN)

______________

Food/Beverage:

Debt Load Sinks D.C. Club
(DBN)

______________

New Bankruptcy Opinions
(4 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:

WaMu, Highview, Windstar, Viceroy, Garlock, Constar: Bankruptcy
(DBN)

Madoff, Innkeepers, Fisher Island, Windstar: Bankruptcy
(DBN)

______________

Bankruptcy Statistics:

Buffalo: Fewer people filing for bankruptcy
(DBN)

Bankruptcy filings ebb in Northeast Ohio
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

DIP Finance:

The Latest In Exit Financing Structures
(DBN)

______________

Bankruptcy Crimes:

Maine man convicted of bankruptcy fraud
(DBN)

______________

Avoidance Actions:

Sam Zell's Nightmare Continues
(DBN)

______________

Insurance:

Failed insurer 'asset stripped'
(DBN)

______________

Fraud:

BigLaw Pay Seemed Like Chump Change to NY Lawyer in Insider Trading Scandal
(DBN)

Grassley Is Examining About 20 Instances of Insider Trading at SAC Capital
(DBN)

Banque Syz Sued by Madoff Trustee for $73.3 Million
(DBN)

Mets' owners shopped for fraud insurance: Madoff trustee
(DBN)

Sold: A rogues' gallery of homes
(DBN)

Bernie Madoff still in 'enormous denial'
(DBN)

Beyond Bernie Madoff, Fred Wilpon saga, the fate of New York Mets
(DBN)

Unraveling Petters' Ponzi scheme will take many lawyers a long time
(DBN)

Rajat Gupta: An anti-hero is born
(DBN)

What Individual Investors Must Learn From The Fall Of Raj Rajaratnam
(DBN)

WG Trading Receiver Sues Cooper Industries for $21 Million
(DBN)

State may have missed Stanford clue
(DBN)

Up With Fraud: Quarterly Corporate Fraud Index Sees Q1 Increase
(DBN)

______________

Celebs:

Trump Debunked
(DBN)

Where Are They Now? The Winners Of NBC And Donald Trump's "The Apprentice"
(DBN)

Court Upholds $7 Million Judgment Against 'Real Housewives of New York' Star Sonja Morgan
(DBN)

______________

Plastics:

Constar Wins Approval of Second Recovery Plan in Two Years
(DBN)

______________

Religion:

The Sad Stories of Believers Disappointed by Non-Apocalypse
(DBN)

So the World Didn't End, but You Sold Your Stuff
(DBN)

Shock after priest endorses
(DBN)

______________

Cross-Border:

Blockbuster Canada Files Chapter 15 Bankruptcy in New York
(DBN)

______________

UK:

Independent body should review Insolvency Practitioners' fees
(DBN)

Daniels Silverman calls for tougher regulation of insolvency
(DBN)

Virgin Money eyes Lloyds Banking branches
(DBN)

Keydata directors cleared by Insolvency Service
(DBN)

Keydata creditor calls for inquiry into FSA 'foul play'
(DBN)

Pompey to be probed by fraud specialist
(DBN)

New deal for Oddbins creditors
(DBN)

One in ten North East firms reported at risk
(DBN)

London's fire engines may be sold off if leasing firm AssetCo collapses
(DBN)

Appointment of Administrators - 20 May 2011
(DBN)

Winding Up Petitions - 20 May 2011
(DBN)

BOE’s Dale Signals Gradual Rate Increases Over Two Years
(DBN)

Bank of England is Failing This Country
(DBN)

______________

EU:

Greek Restructuring Rejected by ECB Officials in Clash With EU Politicians
(DBN)

All for One Euro and One Euro for All?
(DBN)

Buyers Battle for Europe's Bad Loans
(DBN)

Interview with Euro Group President Juncker
(DBN)

Euro-zone May consumer confidence rises
(DBN)

Europeans Are Turning Their Backs On Austerity While Officials Continue To Deny Reality
(DBN)

IMF Hints EU Should Share Cost Of Irish Banks
(DBN)

Krugman: Austerity Doesn't Work -- It's Time For Debt Restructuring In Europe
(DBN)

______________

Canada:

Supreme Court of Canada's Landmark Insolvency Decision in Ted LeRoy Trucking
(DBN)

Rights of set-off in insolvency
(DBN)

Tough decisions needed to update Canada's fiscal house
(DBN)

_____________

PIGS:

Greece Soft Restructuring Talk, and Italy Outlook Downgraded
(DBN)

Greece, Portugal--All Of Eurozone--In Hot Water
(DBN)

Europe's PIGs: Waiting for a miracle
(DBN)

Greek, Italian, Spanish Bonds Fall on Europe Sovereign Crisis; Bunds Rally
(DBN)

More Italy Wipeout: CDS, Yield Spreads All Blowing Out
(DBN)

Italy to bring forward deficit-cutting decree
(DBN)

Fitch cuts Greek rating, warns of further downgrades
(DBN)

CEO Calls for Marshall Plan for Greece
(DBN)

Euro-Zone Growth Slows to 7-Month Low
(DBN)

Greece insists it will repay all its loans
(DBN)

Most Greeks oppose return to drachma
(DBN)

Greece to push through new wave of unpopular austerity measures
(DBN)

As Greece Gets Sicker And Sicker, Here's What's In The Next Round Of Austerity Medicine
(DBN)

Greek PM, ECB Officials Support Budget Cuts Over Debt Restructuring
(DBN)

Greece fails to pay medical bills
(DBN)

Beware Greeks Bearing Banks
(DBN)

Allianz CEO warns against Greece default
(DBN)

The Assets Greece Needs To Sell To Get Another Bailout
(DBN)

Greece: return to bond markets in 2012 unlikely
(DBN)

Strauss-Kahn's Mistake on the Greek Bailout
(DBN - NY Times - Paywall Limit Possible)

Ireland bailout program off to good start: IMF
(DBN)

Portugal gets 26 bln euro IMF loan
(DBN)

Madrid protests rage on eve of elections
(DBN)

In Spain, protesters rally a battered nation
(DBN)

Spain: Debt Problems Worse Because of Local Government
(DBN)

Spain must redouble fiscal efforts - central bank
(DBN)

Spanish markets fall on govt election losses
(DBN)

Booming London home market helps Ireland bad bank
(DBN)

Anglo may have known it faced bankruptcy from 2004, says High Court chief
(DBN)

Drumm's wife faces legal battle in US over sale of €2m home
(DBN)

Analysis: S&P warning heralds tough times ahead for Italy
(DBN)

______________

Japan:

Japanese nuclear boss quits over $15bn loss
(DBN)

Inside Tepco's bailout: Japan Inc saves its own.
(DBN)

Tepco Names 36-Year Veteran as New President
(DBN)

Tokyo Star Bank CEO To Resign As Early As Friday
(DBN)

Japan to again say economy 'weak' in report
(DBN)

Japan’s Deepening Economic Slide May Heighten Pressure for Faster Stimulus
(DBN)

Panasonic faces "very tough" year after quake
(DBN)

Sony to Post Huge Annual Loss
(DBN)

______________

MENA:

Uprisings Continue Across the Arab World
(DBN)

Syrian Forces Fire at Protesters
(DBN)

NATO Widens Campaign Against Gaddafi
(DBN)

The Hot-Money Cowboys of Baghdad
(DBN)

______________

Hong Kong:

HK bankruptcy petitions fall 28.6 pct in April vs March
(DBN)

______________

China:

China May factory growth hits 10-month low
(DBN)

China's SMEs Firms Face Bankruptcy Wave - Sources
(DBN)

Richard Koo On China: There Will Be Blood
(DBN)

______________

New Zealand:

Serepisos lawyer quits, bid to throw out bankruptcy dismissed
(DBN)

Insolvency Practitioners bill flawed: KPMG
(DBN)

______________

 

 

 

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Copyright 2011