May 26, 2011

The Daily Bankruptcy News

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Law:

Former Weil Bankruptcy 'Star' Leaves for Claims Trading Business
(DBN)

Ruden McClosky Closes 3 Offices, Says in Email ‘Things are Clearly Moving in the Right Direction’
(DBN)

Ruden To Save Money By Closing Things!
(DBN)

Partnership prospects on the up as promotions at UK top 50 rise 38%
(DBN)

Extra! Extra! Tribune Fees Top $150 Million
(DBN)

Altman Weil survey finds higher profits, billing rates, plus plans to hire associates, but partner de-equitization down only slightly
(DBN)

Legal Hiring Picks Up
(DBN)

Epstein Becker Loses Seven More Lawyers to Crowell & Moring
(DBN)

Conviction of Lawyers in Tax Shelter Case Seen as Deterrent
(DBN)

Bankruptcy Lawyer One Of Top 5 Stars of Chicago Commercials
(DBN)

Outgoing DLA partner faces dispute with firm over terms of exit
(DBN)

Former Chicago Lawyer Announces IMF Candidacy
(DBN)

Strauss-Kahn’s Lawyer Brafman Defended Mobsters, Rappers, Michael Jackson
(DBN)

Only three signatures needed for loser-pays bill to become Texas law
(DBN)

Small Firms: 10 Traits That Will Get You Hired
(DBN)

Can’t Get Hired? Tell Them Who You’ve Dated!
(DBN)

MoFo Signs Lease for New Space in Midtown Tower
(DBN)

5 Best Apps for Lawyer
(DBN)

Did King & Spalding Suffer a Data Breach?
(DBN)

Strauss-Kahn, Deutsche Bank, Rajaratnam, Lloyds in Court News
(DBN)

‘Ryan Giggs’ Is British for the ‘Streisand Effect’
(DBN)

NY Courts Finally Okay Changes to Rules on Attorney Advertising
(DBN)

Should Non-Lawyers Be Promoted on a Law Firms Website?
(DBN)

The Other Side of the Socratic: Tips for Pursuing a Career in Legal Academia
(DBN)

Molested Teen Awarded $15M in Suit Against Antitrust Lawyer
(DBN)

Ex-AG Alberto Gonzales Confesses to ‘Disappointment in Myself’
(DBN)

Could Peking Law School Destroy the World as We Know It?
(DBN)

London duo win roles on Middle East jeweller’s debt restructuring
(DBN)

Blind Law School Applicant’s Suit Contends ABA Violates ADA by Promoting LSAT
(DBN)

For spurned schools, law student transfers prove costly
(DBN)

Anti-planking laws 'impossible to enforce'
(DBN)

______________

Judges:

Suspect in Slaying of Chief Ariz. Fed’l Judge, Shooting of Congresswoman Found Incompetent for Trial
(DBN)

Ohio Judge Assigns Homework Essays
(DBN)

It's a Family Affair as Some Court Staffers Get the Ax
(DBN)

______________

Wall Street:

US Stock Futures Up As Investors Await Jobless Claims, GDP Data
(DBN)

US stocks snap three-session losing streak
(DBN)

Wall Street's top 13 'perks' to woo clients
(DBN)

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Layoffs:

14 States with Greatest Job Growth
(DBN)

High Unemployment ' Most Pressing Legacy ' of Financial Crisis , Report Says
(DBN)

Comparing Wages Across the U.S.
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Food/Beverage:

A&P auctions off 12 of 25 Superfresh stores
(DBN)

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Corporate Reform:

SEC: Bigger potential payouts for whistleblowers
(DBN)

The Government Will Pay You Big Bucks To Find The Next Madoff
(DBN)

SEC Rule Will Let Whistle-Blowers Bypass Internal Programs
(DBN)

Corporate America Not Totally Thrilled With New Whistleblower Rules
(DBN)

Geithner Sees 'War of Attrition' Against Financial Overhaul
(DBN)

Bachus Comforts Wall Street While Slamming Dodd-Frank
(DBN)

Elizabeth Warren Is Not 'Making This Up'
(DBN)

Will consumer advocate Warren run for Senate?
(DBN)

Elizabeth Warren, “One Of 100 Most Influential People In World”
(DBN)

The Elizabeth Warren Test
(DBN)

Rep. McHenry blasted over treatment of consumer advocate Warren
(DBN)

House Dem to House Republican: apologize to Obama assistant Elizabeth Warren
(DBN)

Geithner criticizes GOP's questioning of Elizabeth Warren
(DBN)

Warren at war with Hill Republicans
(DBN)

GOP "Screeching" Is Turning Liz Warren Into a Saint -- and Maybe a Senator
(DBN)

Warren-McHenry Row Continues
(DBN)

Geithner Defends Financial Overhaul Bill and Warren
(DBN)

Why Obama Should Recess Appoint Elizabeth Warren
(DBN)

Senators Ask Boehner to Block Senate Adjournment To Prevent Recess Appointment
(DBN)

Elizabeth Warren supporters hound GOP congressman
(DBN)

Swamped on Facebook
(DBN)

What happens to your Facebook page when you accuse Liz Warren of lying
(DBN)

Battle for CFPB heats up
(DBN)

Buerkle Questions Elizabeth Warren About Exorbitant Starting Salaries at the CFPB
(DBN)

"The Feds Are Drinking The Same Kool-Aid As Crazy Eddie's Former Auditors"
(DBN)

______________

Distressed Investing:

Invesco health fund seeks out-of-favor stocks
(DBN)

______________

Banking:

12% of Banks in US Still at Risk of Failure
(DBN)

The name is Dimon, not Demon
(DBN)

BofA, Wells Fargo rank low for reputation
(DBN)

Bank of America Hikes Checking Account Fees
(DBN)

Citigroup Loses Out on Record Debt Fees as Pandit Fortifies Bank
(DBN)

Independent Directors And Independent Counsel
(DBN)

Big banks face more exposure to state laws
(DBN)

______________

Politics:

Congress members making outsized profits
(DBN)

______________

Retailing:

Carls Furniture declares Chapter 11 bankruptcy, will close Kendall store
(DBN)

______________

Gambling:

Station Casinos Wins Court Approval to Turn Over Aliante Resort to Lenders
(DBN)

______________

Religion:

Iona Prep President Comments on Bankruptcy Filing of Christian Brothers Institute
(DBN)

______________

Orchestras:

Survival Strategies for Orchestras
(DBN)

Judge: Dilworth OKd in orchestra bankruptcy
(DBN)

______________

Health Care:

Real world making health-care reforms
(DBN)

______________

Education:

Fisk lawyers ask court to end art court battle
(DBN)

Top Colleges, Largely for the Elite
(DBN)

______________

Credit/Debit Cards:

Charge-Off Rates Decline, Widening Gulf With Unemployment
(DBN)

______________

Golf:

Cordillera closing two golf courses
(DBN)

Search warrant reveals luxury life on investors' tab
(DBN)

______________

Hollywood:

Judge Denies David Bergstein's Request to Keep Records Confidential
(DBN)

______________

Video Rentals:

Bloomberg Series Reveals How Netflix Needed Blockbuster ... Until It Killed Blockbuster
(DBN)

______________

Media:

Former Trib officials allowed to file late claims
(DBN)

______________

Credit Reporting:

Kafka Couldn't Have Built a Better System
(DBN)

______________

Economy:

Budget cuts of $1 trillion realistic: Geithner
(DBN)

Durable Goods Orders Fall the Most in 6 Months
(DBN)

Factories’ Breather Will Resonate Through Economy
(DBN)

Data points to slowing manufacturing activity
(DBN)

Fed’s Kocherlakota Lowers Forecast for Economic Growth, Urges Tightening
(DBN)

Consumer Spending Likely Slowed In April, Survey Shows
(DBN)

QE2 ending, but Fed won't quit
(DBN)

Just a 10% chance of QE3
(DBN)

Fed Gave Banks Crisis Gains on Secretive Loans
(DBN)

Treasury to sell Webster, SunTrust warrants
(DBN)

Still $100 billion to go for TARP
(DBN)

Winding Down the Bailouts, and Trying Not to Lose Money
(DBN - NY Times - Paywall Limit Possible)

Who Benefited from the Bailout?
(DBN)

Fiduciary-Based Standards for Bailout Contractors: What the Treasury Got Right and Wrong in TARP,
(DBN)

Uncomfortable Embrace: Federal Corporate Ownership in the Midst of the Financial Crisis
(DBN)

Drop in AIG shares dims odds of recouping bailout
(DBN)

CBO Says Stimulus Boosted Growth, Will Add More to Deficit
(DBN)

Bill Clinton Slams Washington on Deficit
(DBN)

Charts: Comparing Plans to Cut the Deficit
(DBN)

Debt Ceiling Charade: Vote to Fail Next Week
(DBN)

Boomers Fear Outliving Retirement Savings
(DBN)

One Woman's Fight to Rejoin the Middle Class
(DBN)

Lagarde Announces Candidacy to Succeed Strauss-Kahn to Top Position at IMF
(DBN)

The Problem With Christine Lagarde
(DBN - NY Times - Paywall Limit Possible)

Geithner Praises Lagarde Without Endorsement
(DBN)

New NY house arrest spot chosen for ex-IMF leader
(DBN)

Ex-IMF Head to Await Trial in Posh Home
(DBN)

Maid in Strauss-Kahn case considers civil action
(DBN)

Lawmakers Concerned About Ex-IMF Director's 'Golden Parachute'
(DBN)

What's A Middle-Class Income?
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

The MERS Morass, Part III
(DBN)

State Attorneys General Announce New Demands in Home Foreclosure Probes
(DBN)

BofA Targeted as Attorneys General Step Up Pressure in Foreclosure Probe
(DBN)

Civil Lawsuits Against Servicers Could Cost Upwards Of $17B
(DBN)

Cal and Illinois probe robosigning allegations
(DBN)

California attorney general subpoenas foreclosure firm LPS
(DBN)

California “Strike Force” Will Target Mortgage Fraud at All Levels
(DBN)

House committee considers subpoenas to mortgage servicers
(DBN)

House Democrat Subpoenas Six Servicers Over Audit Docs
(DBN)

Shurtleff tells Bank of America he will enforce laws on foreclosures
(DBN)

Fed Investigating Goldman Over Possible HAMP Mortgage Mod Violations
(DBN)

'A Feeling Of Resignation' Prevails In This Colorado Boomtown Turned Foreclosure Capital
(DBN)

Foreclosures for sale: Big supply, low prices
(DBN)

Homes in Foreclosure Process Sell at 27% Discount as US Purchases Drop
(DBN)

Ohio has steepest discounts on foreclosed-house prices
(DBN)

Foreclosures 28% of Home Sales
(DBN)

Housing recovery to take few more years: Geithner
(DBN)

House prices slip 2.5% in first quarter
(DBN)

More Negative Sentiment for Homeownership
(DBN)

8 Factors that Devalue a Good Home
(DBN)

Mortgage industry fights to keep 3.5% down payments
(DBN)

Distressed borrowers surge toward BofA unemployment programs
(DBN)

Freddie Mac's single-family delinquencies slide
(DBN)

DeMarco criticizes Republican GSE bills
(DBN)

Bankruptcy Court Dismisses Philadelphia Rittenhouse Developer's Chapter 11 Case
(DBN)

Visible progress at the Statler Towers
(DBN)

Toll Brothers loss narrows on lower write-downs
(DBN)

Steep Quarterly Drop For Home Prices
(DBN)

Toll: Talk of Home Price Declines Exaggerated
(DBN)

GA Keen Realty To Market Former Robb & Stucky Sites
(DBN)

Commercial Real Estate’s Race To Loan Maturity
(DBN)

Money for CRE Deals Starting To Flow
(DBN)

Short sale fraud to cost banks $375 million in 2011
(DBN)

____________

Tax:

Jackson Hewitt sees quick bankruptcy plan approval
(DBN)

Bayside to become Jackson Hewitt's majority owner
(DBN)

Jackson Hewitt Wins Court Approval to Use Cash Collateral in Bankruptcy
(DBN)

Good riddance, Jackson Hewitt
(DBN)

Government's H&R Block Complaint Complicated by Jackson Hewitt Bankruptcy
(DBN)

Some Tax Resolution Firms are Scams
(DBN)

Identity Theft Involving IRS Mushrooms
(DBN)

Turning Losses Into Gains: Bankruptcy Battles Over Tax Refunds
(DBN)

IRS Scrutinizing Land Records, Looking to See if 709 Forms Were Filed re Transfers to Family Members
(DBN)

______________

Oil/Gas:

Crude Oil Rises as US Distillate Fuel Supplies Decline to a Two-Year Low
(DBN)

______________

Ethanol:

After industry crash, Olsen brothers facing debts of more than $100 million
(DBN)

______________

Lehman:

Lehman resists Suncal 'end run' around bankruptcy
(DBN)

______________

Municipalities:

Even With Compromise, State Health Plan Faces Bankruptcy
(DBN)

Brown, Norquist Spar on California Tax Plan
(DBN)

State Budget Cuts, Reconsidered
(DBN)

______________

Food/Beverage:

Owner of Old Absinthe House declares bankruptcy
(DBN)

______________

Hotels:

Lender tries to block payback for Innkeepers owner
(DBN)

Ch. 11 Restructuring Puts 22 Hotels Up for Grabs
(DBN)

______________

Autos:

Somewhere down in that hole is a car company that we own
(DBN)

Don't celebrate turnaround yet
(DBN)

Chrysler: Credit the Bankruptcy, Not the Bailout
(DBN)

After Calling The Auto Rescue ‘Tragic,’ Mitt Romney Now Claims He ‘Had The Idea First’
(DBN)

In Which I Swallow Hard and Defend Mitt Romney
(DBN)

Romney camp explains claim that he deserves credit for auto industry rebound
(DBN)

Obama, GOP both claim credit for Chrysler recovery
(DBN)

With repayments like Chrysler's, who needs debts?
(DBN)

GM, UAW see no impact from VW's low US labor costs
(DBN)

UAW Seeks to Claw Back Wage Concessions Agreed to Before Automaker Rebound
(DBN)

Securities fraud lawsuit against ex-Dana execs reinstated
(DBN)

Saab plans to restart production on Friday
(DBN)

______________

Finance:

Money for nothing – and the debt is (almost) for free
(DBN)

______________

Cemeteries:

Plaintiffs in Burr Oak Cemetery case could get payout from Chapter 11 settlement
(DBN)

______________

Corporate Governance:

Shareholder meetings hit the road
(DBN)

Dodd-Frank: Quack Federal Corporate Governance Round II
(DBN)

Corporate Governance in an Age of Separation of Ownership from Ownership
(DBN)

______________

Trucking:

ATA Trucking index decreased 0.7% in April
(DBN)

______________

New Bankruptcy Opinions
(1 new opinion 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:

Tribune, Viceroy, NEC, Tousa, Caribe, PJ Finance: Bankruptcy
(DBN)

Highview, Nortel, GSC, Madoff, DBSD, Innkeepers: Bankruptcy
(DBN)

A shift in the balance of power between lenders and borrowers in bankruptcy
(DBN)

______________

Bankruptcy Reform:

Senate Bill Looks To Clean Up Proof-Of-Claim Filings
(DBN)

______________

Bankruptcy Statistics:

Calif. second in business bankruptcy rate
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Sales:

How To Sell A Company On The Brink Of Bankruptcy And Turn A Profit
(DBN)

Secured Lenders & Credit Bidding in Bankruptcy Sales - Best Practices & Recent Case Law
(DBN)

______________

Insurance:

Ambac Will File Bankruptcy by June After Regulator's 'Disappointing' Offer
(DBN)

______________

Fraud:

Avoidance Actions in Ponzi Scheme Bankruptcy Cases
(DBN)

Madoff Forfeiture Won't Bend to 'Net Winner'
(DBN)

President Of Bankrupt Fuel Oil Company Pleads Guilty To Bank Fraud
(DBN)

Ex-Galleon Trader Tells of Tips, Cover-Up
(DBN)

‘Dillo,’ ‘Ruby,’ and ‘Shakes’ Take Center Stage in Goffer Trial
(DBN)

Ex-Galleon Trader Says He Was Told Zvi Goffer Was Source of Secret Tips
(DBN)

Rajaratnam renews request in NYC to toss verdict
(DBN)

SEC Investigates Hybrids for Insider Trading
(DBN)

Bush/Obama Fraud Prosecutions Down 39% Since 2003
(DBN)

Foreclosure proceedings rattling racetrack plans - Owner accused in $400m Ponzi scheme
(DBN)

Hecker trustee to get $2 million returned
(DBN)

Cohen in SEC sights
(DBN)

CFTC to market manipulators: We're gonna get you
(DBN)

______________

Baseball:

New York Mets team and ballpark debt offers whole new ballgame for distressed players
(DBN)

______________

Mass Torts:

$322M verdict for phantom asbestosis
(DBN)

______________

Movie Reviews:

In HBO's "Too Big To Fail," The Heroes Are Really Zeroes
(DBN)

______________

Resorts:

Peek Sale Could Save Resort
(DBN)

______________

Software:

think3 Inc. Files for Chapter 11 Bankruptcy Protection
(DBN)

______________

Nature:

Trade Slows as the Mississippi River Floods
(DBN)

______________

UK:

Latest Insolvency Statistics – An Analysis
(DBN)

KPMG: UK bankruptcies down 31% but debt bubble still a problem
(DBN)

British corporates are worst offenders in £24 billion late payment debt
(DBN)

UK credit downgraded by China's rating agency
(DBN)

UK retailer Focus DIY to close, 3,000 jobs could go
(DBN)

Focus administrators prepare to close 100+ centres
(DBN)

Slump In Household Spending Raises Fears For Economic Recovery
(DBN)

Broke Paul Gascoigne saved from bankruptcy
(DBN)

Trust Deeds Could Offer Hope for Hard Hit Scotland
(DBN)

______________

EU:

Record numbers of Europe CMBS falter in April-S&P
(DBN)

Franc Strengthens Against Major Counterparts on Greek Debt-Crisis Concern
(DBN)

The Horror of the Euro Zone Debt Problem
(DBN)

Pimco Says ECB, Central Banks Have EU130 Billion of Greek Risk
(DBN)

Europe's Split on Debt Crisis Hardens
(DBN)

The world's most reckless central bankers
(DBN)

ECB's Balance Sheet Contains Massive Risks
(DBN)

Swedish Regulators Wants Stricter Rules For Bank Liquidation
(DBN)

To Save the Euro, Germany Must Quit the Euro Zone
(DBN)

Big changes among top officials responding to European debt crisis
(DBN)

______________

Canada:

Bankruptcy stats show sharp decline in Q1
(DBN)

U.S. should follow Canada to cut debt: strategist
(DBN)

Blockbuster Canada Files for Bankruptcy , Closes 140 Stores
(DBN)

Canada's Blockbuster Stores Want To Keep Name
(DBN)

______________

Germany:

Ex-Deutsche Bank CEO Breuer Rejected Deal in Criminal Fraud Case
(DBN)

______________

PIGS:

Are southern Europeans really lazy?
(DBN)

Greek PM says Greece must deal with own crisis
(DBN)

Greek PM seeks consensus, faces anti-austerity rally
(DBN)

Opposition To Greek Austerity Plan Mounts, Unions Vow Strikes
(DBN)

Greek PM could ease tax burden to break deadlock
(DBN)

'Leave us in peace,' pleads Papandreou
(DBN)

Bankers urge external role in Greek asset sale
(DBN)

Greek Restructuring Could be 'Catastrophic'
(DBN)

ECB Rules Leave More Room for Greek Restructuring Than Rhetoric Suggests
(DBN)

Greek Risks Are 'Manageable' for German Lenders, Fitch Says
(DBN)

Greek Commissioner: role in euro in danger
(DBN)

Greece risks 'return to drachma'
(DBN)

Greek assets could go to ‘fund of experts’
(DBN)

Greek Restructuring Would Leave Banks Tied to ECB, Moody's Says
(DBN)
w

Noyer Rules Out Greek Debt Restructuring, Says Austerity Is Only Solution
(DBN)

Greece's 100 billion-euro shadow over banks
(DBN)

Spain, Italy yield spread vs Bunds tighter
(DBN)

Spain: austerity, default or revolt
(DBN)

Ireland bond-yield surge prompts margin hike
(DBN)

Irish Face Junk Status If Greece Restructures
(DBN)

Drumm faces joint legal action by ex-Anglo investors
(DBN)

Irish Banks Sell Off Distressed U.S. Commercial Mortgages
(DBN)

______________

China:

The Latest Chinese Accounting Fraud Lawsuit
(DBN)

______________

Japan:

Japan's Ricoh to axe 10,000 jobs ; shares jump
(DBN)

______________

New Zealand:

Serepisos companies in receivership
(DBN)

______________

Australia:

Australia Home Loan Delinquencies Jump to Record on Rate Rises
(DBN)

______________

MENA:

Nakheel to pay $1.3bn in Islamic bonds by June-end
(DBN)

______________

Czech Republic:

Sazka Stops Its Lottery Business, Hospodarske Noviny Reports
(DBN)

______________

 

 

 

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Copyright 2011