May 24, 2011

The Daily Bankruptcy News

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Law:

Trustees seek $148M from Bryan Cave
(DBN)

UK Firm Sees Revenue Surge Past $320 Million, Seeks Merger as US Practice Booms
(DBN)

Lehman Paid Bankruptcy Lawyers, Managers $27.1 Million in Fees in April
(DBN)

Attorney Details 'Snooping' at Firm During Insider Trial
(DBN)

Supreme Court orders California to release tens of thousands of inmates
(DBN)

Internal Investigations Big Business for Lawyers
(DBN)

Many Corporate Internal Investigations Conducted by Former DOJ and SEC Employees
(DBN)

Ogletree Fights Demand for Bill Copies to Audit Legal Work Law Firm Did for Maricopa County Attorney
(DBN)

Motion of the Day
(DBN)

Former Tempe bankruptcy attorney sentenced for manslaughter
(DBN)

Baker Hostetler lawyer puts pressure on Mets' owner in Madoff case
(DBN)

Be Innovative? Who, Me?
(DBN)

Firm to cut up to 40 jobs in comprehensive firm restructuring
(DBN)

Most Houston lawyers in Epstein Becker Green Wickliff & Hall joining Cozen O’Connor June 1
(DBN)

More Than a Quirky Name, Shpoonkle Aims to Get Legal Reverse-Auction Model Right
(DBN)

Fewer Married Women Keeping Maiden Names; Consultant Sees Similar Pattern in Lawyers
(DBN)

Well-Known Lawyer Follows Management Book Advice, Causing Half His Firm’s Attorneys to Leave
(DBN)

H&R Block, JPMorgan, Bank of America, Lehman in Court News
(DBN)

In-House: Delivering Bad News
(DBN)

Small-Firm Wins
(DBN)

12 Ways to Write a Really Bad Brief
(DBN)

Make Partner Through One Simple Discovery Request
(DBN)

Moving in the Cloud: ABA Conference Displays How Technology Changes Practice
(DBN)

Ethics 20/20 Considers Separate Conduct Rules for Large Firms
(DBN)

H&R Block, Abbott Labs, JPMorgan, Bank of America, Lehman in Court News
(DBN)

Ex-Office Manager Gets 4 Years for Skimming $502K from Law Firm Accounts
(DBN)

Celebrating With Alcohol? Oh Noes!
(DBN)

ABA Accreditation for Law School in China Runs Up Against US Job Fears
(DBN)

Senator Boxer Keeps Pressure On The ABA
(DBN)

Emory Law Professor to Grads: Don't Complain
(DBN)

Lead Defense Lawyer Disqualified in Trial of Alleged Mexican Drug Kingpin
(DBN)

Advice for the Lawlorn
(DBN)

Keeping Jurors Offline Not Just a Job for Judges
(DBN)

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Judges:

NY Judge Quitting Over Low Pay Lands at BigLaw Firm
(DBN)

Lawyers Nominated for Manhattan Federal Bench Disclose What They Make, What They're Worth
(DBN)

Poor Little Cravath Partner? Celebrated Litigatrix Turned Judicial Nominee Has Underwhelming Net Worth
(DBN)

It’s Official: David Prosser Wins Judicial Race
(DBN)

10 Experts Tell How Courts Can Do More with Less
(DBN)

Spotlight On the Three States That Maintain All-Male High Courts
(DBN)

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Wall Street:

Wall Street stock index futures point higher
(DBN)

Indexes drop over 1 percent on euro debt, demand worry
(DBN)

US stock indexes hit by global concerns
(DBN)

Stocks Sink in Europe as Debt Concern Deepens; Commerzbank, Santander Drop
(DBN)

Paulson Wants Goldman Sachs Group to Detail Lehman Holdings
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Gambling:

Trump no more: Marina becomes Golden Nugget AC
(DBN)

Herbst name dropped by Affinity Gaming in 'fresh start' after bankruptcy, departure of family
(DBN)

______________

Nature:

Three-Quarters of Joplin, MO Destroyed
(DBN)

Cut The City In Half
(DBN)

______________

Autos:

White House officials in Detroit Tuesday for Chrysler's $5.9B repayment
(DBN)

Judge rejects Old Chrysler's $1 billion fraud suit against Daimler
(DBN)

Chrysler loan payoff could save it $ 300 mln/yr- CEO
(DBN)

Chrysler CEO to turn page on 'painful chapter'
(DBN)

Dealerships prove Chrysler, Fiat partnership works, CEO says
(DBN)

Toyota Advisers Fault Lack of Local Control, Safety Chief for Auto Recalls
(DBN)

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Credit Reporting:

New study on credit report accuracy raises eyebrows
(DBN)

______________

Banking:

Judge nixes Colonial parent's Chapter 11 exit plan
(DBN)

Hidden bank fee of the day, wholesale FX edition
(DBN)

The Bailed Out Now Bailing Out
(DBN)

______________

Municipalities:

State Bankruptcy
(DBN)

______________

Finance:

GE Capital to double Chicago staff, add 1,000 jobs
(DBN)

______________

Horticulture:

Nurserymen's files for Chapter 11 bankruptcy
(DBN)

______________

Trucking:

YRC bankruptcy watch continues; legal ruling critical
(DBN)

______________

Chemicals:

Reorganized chemical company can sue parent over spin-off
(DBN)

______________

Consultants:

AlixPartners Enhances its Restructuring and Interim-Management Expertise in Asia with the Addition of Eric Thompson
(DBN)

______________

Accounting:

The $1 Billion Chinese Accounting Disaster Whose Big 4 Accountant Just Resigned
(DBN)

______________

Auto Racing:

NASCAR's Attendance Crashes As Economy Gets Worse
(DBN)

______________

Religion:

Flabbergasted the Rapture Didn't Come
(DBN)

_____________

Interior Design:

William Switzer Takes a Seat in Bankruptcy
(DBN)

______________

Economy:

It is hard to spot signs of economic turnaround
(DBN)

Chicago Fed: Economic activity weakened in April
(DBN)

How Wealthy Americans Started Paying So Little in Taxes
(DBN)

What Does It Mean To Be A Millionaire?
(DBN)

Thousands of companies that received stimulus package money owe millions in taxes
(DBN)

Shiller: Let's sell debt tied to GDP to fix the crisis
(DBN)

Both Parties Now Pushing Sovereign Default
(DBN)

US Debt Cannot Defy Fundamentals for Ever
(DBN)

In letter, Strauss-Kahn denies charges, apologizes
(DBN)

The Lesson We Should Really Take From the DSK-Sofitel Story
(DBN)

Former IMF chief's apartment is New York's newest tourist attraction
(DBN)

Lagarde in wings as candidates emerge for IMF job
(DBN)

DSK’s New Life: Better than Rikers, But . . .
(DBN)

Tests Reportedly Find DNA Match in Strauss-Kahn Case
(DBN)

Hartford to sell bank bought to qualify for TARP
(DBN)

Republicans knew the Ryan budget was toxic. So why’d they back it?
(DBN)

Public: Medicare Cuts Not Needed
(DBN)

GOP Loyalty to the Ryan Plan Put to the Test
(DBN)

Only 25% of Americans Can Cough Up $2,000
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Lawyer Who Advised Clients to Break Into Foreclosed Homes Faces Criminal Charges
(DBN)

Treasury puts HAMP eligibility calculator online
(DBN)

Mortgage Delinquencies by Loan Type
(DBN)

JPMorgan, UBS, Deutsche Bank Said to Be Added to Probe
(DBN)

Ohio AG, Carrington settle mortgage servicing suit
(DBN)

From Coast to Coast, State AGs Stepping Up Mortgage Probes
(DBN)

U.S. Steps Up Loan Scrutiny
(DBN)

Florida courts not surprised by end of foreclosure rocket docket
(DBN)

Time to overhaul Florida's foreclosure process? 'Court's cry for help'
(DBN)

States, banks to meet on foreclosures Tuesday
(DBN)

Warren to refute 'overblown claims' against CFPB before subcommittee
(DBN)

Time to foreclose California home: 312 days
(DBN)

Average Bay State foreclosure : 463 days and counting
(DBN)

Stiffer Penalties for Strategic Mortgage Defaults
(DBN)

Watch for strategic defaulters, economists suggest after studying Countrywide data
(DBN)

The Housing Headache Felt All Over
(DBN)

Troubled home market creates generation of renters
(DBN)

Ancillary Remedies in Mortgage Foreclosure in New Jersey
(DBN)

Barclays and RBS in the Dock
(DBN)

Oppenheimer Settles Subprime-Related Fund Securities Suits for $100 Million
(DBN)

Lawyer: DiNardo company short on money
(DBN)

South Edge trustee sues JP Morgan, ex-managers
(DBN)

Texas REIT acquiring, redeveloping foreclosed multifamily properties
(DBN)

980 Madison facing possible default
(DBN)

CMBS issuance to top $40 billion in 2011
(DBN)

When Cities Sue: Local Governments Take a Bank to Court
(DBN)

Republicans, Realtors To Spar Over FHA Loans
(DBN)

_____________

Insurance:

Ambac Financial Seeks to Block $116.8 Million Tax Claims
(DBN)

______________

Lehman:

Lehman Paid Managers, Lawyers $27.1 Million in April
(DBN)

Call for Lehman creditors to reveal positions
(DBN)

Bank of America Appeals Judge’s $502 Million Lehman Ruling
(DBN)

______________

Warranties:

Extended Warranties Could Get Tamed In Missouri
(DBN)

______________

UST:

Bankruptcy attorney named U.S. trustee
(DBN)

______________

Debt Collection:

Lawsuits Against Collection Agencies, Creditors Jump
(DBN)

Bad-Debt Market Prices Up, Supply Down
(DBN)

______________

Food/Beverage:

Harry & David Files Bankruptcy Plan Supported by Most Senior Noteholders
(DBN)

______________

Satellites:

Judge says creditors can vote on DBSD sale to Dish
(DBN)

______________

Alternative Energy:

New blow for Evergreen Solar as state claws back $23m tax breaks
(DBN)

______________

Celebs:

Lawsuit seeks payment from Flav's Fried Chicken
(DBN)

Danielle Staub sued for $375,000 after backing out of a three-year deal
(DBN)

Mike 'The Situation' Sorrentino Sues His Dad Frank Sorrentino
(DBN)

______________

Shipping:

Collapsed German shipping line Beluga revives with new name
(DBN)

______________

Retailing:

Inflation Comes To The Dollar Store
(DBN)

______________

Brands:

U.S. Distributor of Sigg Bottles Enters Chapter 11
(DBN)

______________

Orchestras:

For the orchestra, ' Bankruptcy Symphony' is a downer
(DBN)

______________

Oil/Gas:

BOS drowned by debt
(DBN)

______________

Hotels:

Trustee opposes part of Innkeepers' reorganization
(DBN)

______________

Politics:

GOP sells its soul to big banks
(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
(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:

Bankruptcy 'Scholars' Seek Voice In Tousa Fraudulent Loan Appeal
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy Filings Down in April
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Claims Trading:

U.S. bankruptcy claims trading more active in April
(DBN)

______________

Avoidance Actions:

South Edge trustee sues JP Morgan, ex-managers
(DBN)

______________

Executory Contracts:

It’s Too Late, Baby, Now It’s Too Late: the New Cure Standard for Nonmonetary Defaults Under Section 365(b)
(DBN)

______________

Bankruptcy Reform:

How to get your slice of the Dodd-Frank liquidation pie
(DBN)

Report says clearinghouses may be too big to fail
(DBN)

______________

Baseball:

Fred Wilpon dogs his Mets players, ducks blame in Madoff scandal
(DBN)

Mets owner Fred Wilpon rips players in New Yorker article
(DBN)

______________

Fraud:

Madoff’s Curveball
(DBN)

Madoff Trustee and Mets Owners Differ on Issue of Cooperation
(DBN)

Higher Court Will Decide Whether Picard Can Sue JPMorgan
(DBN)

Madoff customer cannot stop $7.21 bln Picower pact
(DBN)

Just how risky should it have been to invest with Bernard Madoff?
(DBN)

Bernie Madoff Is Fairly Confident His Friends/Investors Will Forgive Him, If They Can Get Over Themselves
(DBN)

Some Still Don't Know They Were Fleeced By Madoff
(DBN)

Benin Reimburses Money to 69,000 Defrauded Ponzi Investors
(DBN)

Raj Rajaratnam’s Brother Wants People To Send Letters To The Judge About His Character
(DBN)

Tech Investor Loses Bid to Recoup $6.3 Million Lost in Dreier Scam
(DBN)

Soured Denny Hecker deal set for settlement
(DBN)

______________

Corporate Reform:

Elizabeth Warren to Obama: 'You Had Me at Predatory Lending'
(DBN)

Elizabeth Warren ready to rumble with House panel
(DBN)

One-Time Warren Foe Now Pressuring Obama To Give Her Recess Appointment
(DBN)

GOP should block Memorial Day recess appointments
(DBN)

Democrats Try to Recruit Elizabeth Warren for Senate Race
(DBN - NY Times - Paywall Limit Possible)

Warren: Despite critics' claims, CFPB not too powerful
(DBN)

Prosecutors Faulted for Credit-Crunch Inaction
(DBN)

Civil Suits, Yes, Even Some Prosecutions, But Very Few Big Cases re Financial Meltdown
(DBN)

The Munich Re Party Was So Fun, No One Even Remembers What Happened
(DBN)

______________

UK:

Buiter Says It’s a Mistake to Give BOE Bank Supervision Powers
(DBN)

Banks warned of Moody's downgrade
(DBN)

Moody's Lists 14 UK Banks for Downgrade Review
(DBN)

No more bailouts put UK's biggest banks in danger of ratings downgrades
(DBN)

Personal insolvency business Fairpoint issues profit warning
(DBN)

Begbies partners in credit insurance launch
(DBN)

Do TUPE transfer principles to apply to purchase of business/assets of company in administration?
(DBN)

Appointment of Administrators - 23 May 2011
(DBN)

Winding Up Petitions - 23 May 2011
(DBN)

______________

EU:

Fitch Lowers Belgium Outlook On Structural Reform Concerns
(DBN)

Solving the EU debt crisis–oh look, a rainbow!
(DBN)

Oil slides as Europe debt worries resurface
(DBN)

Euro falls to lowest since March
(DBN)

Concerns grow over Denmark’s bail-in rules
(DBN)

Euro zone debtors under pressure over new risks
(DBN)

Sweden FSA Calls For Stricter Bank Liquidation Rules
(DBN)

______________

Germany:

The projected insolvency law reform
(DBN)

German Government Bonds Decline Before Confidence Report, EU Debt Sale
(DBN)

______________

PIGS:

Greece to sell ports, Postbank; launch wealth fund
(DBN)

Greek Premier Seeks Austerity Deal With Opposition
(DBN)

Greece cuts protection for butchers, bakers, music makers
(DBN)

Greek Restructuring Would Leave Banks Too Dependent on ECB, Moody's Says
(DBN)

ECB's Noyer-Greek restructuring is "horror scenario"
(DBN)

Is defaulting really 'political suicide'?
(DBN)

Greek default could make others junk: Moody's
(DBN)

EU policy options narrow to avert Greek default
(DBN)

Why Europe's Leaders Will Back Down And Not Give Greece A Debt Nose Job
(DBN)

Spain and Italy Turn Against Greece Over Reform Efforts
(DBN)

When Austerity Fails
(DBN)

Portugal at a turning point: finance minister
(DBN)

Why an Italian debt crisis should scare everyone
(DBN)

Italy Warning From S&P May Fan Contagion as Greece Dodges Restructuring
(DBN)

Fitch Downgrades Its Outlook On Belgium's Debt As Crisis Spreads From PIIGS To Core
(DBN)

Obama Promises U.S. Support for Irish Efforts on Economy
(DBN)

New Drumm documents reveal tax rebate, new case
(DBN)

______________

Japan:

Japan quake reconstruction may cost up to $184 billion
(DBN)

______________

New Zealand:

Serepisos selling assets to pay debts
(DBN)

______________

Singapore:

Singapore Apex Court Lays Down Clear Framework for Arbitrability of Insolvency-Related Claims
(DBN)

______________

 

 

 

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Copyright 2011