May 6, 2011

The Daily Bankruptcy News

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Law:

Bryan Cave, Holland & Knight Hit With Suits in Bankruptcy Court
(DBN)

BigLaw Partner Honored With Willie Nelson Concert
(DBN)

Ex-Reed Smith Partner Drops Sex Discrimination Suit Against Her Former Firm
(DBN)

Following Clients and ‘Flow of Capital,’ Clifford Chance Focuses on Asia
(DBN)

The legal business has undergone not only recession but also structural change. Ever-growing profits are no longer guaranteed. Nor, for some firms, is survival.
(DBN)

Future of the Legal Profession: Adapting to Change
(DBN)

Report: Demand for Legal Services Rising Slowly
(DBN)

Which Law Firms Will Prosper After the ‘Hundred-Year Flood’?
(DBN)

Stu Rosenfeldt "Insolvent or Barley Solvent" But Due to Get Huge Tax Refund!
(DBN)

In Defense of King & Spalding
(DBN)

Madoff: Silver Lining
(DBN)

In-House: Sucking Up by Writing Down
(DBN)

Judge Calls Heads of 2 Foreclosure Firms on Carpet, Revokes Their Phone-Appearance Privileges
(DBN)

Slaughters announce associate pay rises: an extra cup of coffee a day
(DBN)

Latham & Watkins rejects candidate overnight
(DBN)

A&O confirms up to 155 London layoffs ahead of nearsourcing launch
(DBN)

BigLaw Firm's Dodgy Contract Got Whistleblower Fired, Suit Says
(DBN)

Fed’l Jury Convicts Lawyer of Hiring Hitman to Kill His Wife With Pipe Bomb
(DBN)

Bishop with a Penchant for Antique Books Is One of Two Lawyers Charged in $52M Ponzi
(DBN)

Bias Suit Claims Law Firm Cut Older Lawyer’s Pay, Lied About Available Cases
(DBN)

Le Law Firm, LLP
(DBN)

Law Revue Video Contest 2011: The Finalists
(DBN)

Law schools May Be Forced to Disclose Scholarship Retention Rates
(DBN)

U.S. News Tells Law Schools To Take Some Personal Responsibility
(DBN)

JPMorgan, HSBC, Barclays, Stanford, ICP, Lawson in Court News
(DBN)

UBS, Deutsche Bank, HSBC, Rajaratnam, K1 in Court News
(DBN)

What's the Future of Legal Directories?
(DBN)

Reports: Fake Law Firm Site Targeting Lawyers in Real Estate Scam Uses Actual Law Firm Info, Photos
(DBN)

Man calls 911 after being shortchanged in crack deal
(DBN)

Blogging ex-wife gets alimony cut
(DBN)

______________

Judges:

Stevens casts some “votes”
(DBN)

Cameras in the Courtroom: Now With More Internets
(DBN)

Judge Rapped for ‘Injudicious’ Public Comments About Parking in Handicapped Space Without Placard
(DBN)

Appeals Court Refuses to Remove Judge from Case for ‘Screw You’ Remark
(DBN)

Recuse Me
(DBN - NY Times - Paywall Limit Possible)

______________

Wall Street:

US stock futures signal slight gains for equities
(DBN)

Stocks close lower ahead of jobs report
(DBN)

Credit will save stock bulls in next 'flash crash'
(DBN)

______________

Layoffs:

Jobless Claims in U.S. Unexpectedly Jump Due to Anomalies
(DBN)

A Deep Dive Into The Terrible Jobless Claims Number
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Donald Trump's lawsuits could turn off conservatives who embrace tort reform
(DBN)

Trumpdate: Sue-Happy Donald Booted from Indy 500
(DBN)

______________

Retailing:

Retail stocks rise after April sales upside
(DBN)

Rise in April’s Retail Sales Comes With a Warning
(DBN - NY Times - Paywall Limit Possible)

Simon, General Growth selling malls?
(DBN)

Clothing chain Metropark files for bankruptcy , will close all stores
(DBN)

Borders CEO lashes out at publishers and the company's hometown for its problems
(DBN)

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Lehman:

Barclays says Lehman trustee 'evading' ruling
(DBN)

Barclays Must Return $2.1 Billion, Lehman Brokerage Says
(DBN)

Meteor applies for judicial review against FOS Lehman
(DBN)

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Oil/Gas:

SemGroup figures settle
(DBN)

______________

Fraud:

U.S. narrows case vs accused Ponzi schemer Stanford
(DBN)

New Allen Stanford Indictment Unlikely to End Delays
(DBN)

Picard's $6.4 Billion JPMorgan Suit Goes to New Court
(DBN)

Two Madoff Cases Reach Federal Court
(DBN - NY Times - Paywall Limit Possible)

Fortuitous $3.97M Tax Refund Helps Ex-Rothstein Partner Settle
(DBN)

Rajaratnam Case Gets Quiet After New Juror Takes Seat on Panel
(DBN)

Raj Rajaratnam to be found guilty of at least one count of insider trading is 94% probable
(DBN)

The Avengers As A Ponzi Scheme
(DBN)

Priest, Attorney Accused in Ponzi
(DBN)

Church bishop's decadent lifestyle allegedly built on backs of honest investors
(DBN)

Accountant Admits To Hedge Fund Fraud Cover-Up
(DBN)

St. Louis-area lawyer accused in huge Ponzi
(DBN)

______________

Credit/Debit Cards:

Interchange and Elections
(DBN)

______________

Art:

Asked & Answered | Flavin Judd, My Time At Milbank
(DBN - NY Times - Paywall Limit Possible)

______________

Economy:

Jobless Claims Rise To 8 Month High
(DBN)

Employment in U.S. Probably Slowed as Companies Curbed Spending
(DBN)

Is there a real risk of the US defaulting?
(DBN)

Oil Crashes, Silver Crashes, Dow Off 180
(DBN)

Oil drops below $100 on worry of weaker US demand
(DBN)

America's Spend Less Recovery
(DBN)

Economy Not Bad Because of Taxes, Regs
(DBN)

Boehner demands trillion-dollar cuts in debt deal
(DBN)

Boehner Is Boxed In by Republican Party's Anti-Tax Pledge
(DBN)

Cantor: Tax hikes off the table
(DBN)

GOP Wants Numbers Ahead of Debt Talks
(DBN)

Debt Ceiling Has Some Give, Until Roof Falls In
(DBN - NY Times - Paywall Limit Possible)

GOP Won't Push Medicare Cuts
(DBN)

Food Prices Rise to Near-Record as Inflation Accelerates
(DBN)

Household Size is Growing After 50 Years
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Benchmark 30-year mortgage rate matches 2011 low
(DBN)

GAO pressures CFPB for federal foreclosure oversight
(DBN)

Judge chastises foreclosure law firm chiefs
(DBN)

Judge halts foreclosures in SC
(DBN)

Banks Illegally Foreclosed On Dozens Of Military Borrowers, Federal Investigators Say
(DBN)

Hawaii governor signs bill to protect homeowners
(DBN)

Slumlord Millionaire
(DBN)

'Squatter Rent' May Boost Spending as US Mortgage Holders Bail
(DBN)

A chart can be worth a thousand words (or at least 300)
(DBN)

Colorado foreclosure filings, auction sales down in first quarter
(DBN)

Commercial/multifamily mortgage originations spike 89% in 1Q
(DBN)

Number of bad commercial loans in Sacramento is growing
(DBN)

Independent guardian to oversee troubled Reynolds properties
(DBN)

Mastro's guardian Ireland wants out of the case
(DBN)

_____________

Tax:

Obama floats plan to tax cars by the mile
(DBN)

US tax burden at lowest level since '58
(DBN)

51% of Americans Pay No Federal Income Tax
(DBN)

High-Earning Households Pay Growing Share of Taxes
(DBN)

This fact may not sit well: Americans are under-taxed
(DBN)

______________

Municipalities:

Cash-Strapped School Districts Considering 4-Day Weeks
(DBN)

$48.5 million in unpaid bills await new Detroit Public Schools manager
(DBN)

Pa. capital gets 2nd offer to help pay huge debt
(DBN)

Montebello municipal bonds downgraded to junk status
(DBN)

______________

Corporate Reform:

GOP: No Consumer Director Vote w/o Changes
(DBN)

Regulators Must Avoid 'Burdensome' Rules: Bernanke
(DBN)

Fed's Bernanke: Dodd-Frank Aimed To Strengthen Banking System
(DBN)

Will “False Claims” Lawsuit Against AIG, Goldman, Deutsche, BofA, SocGen on Fed Funding Lead to New Round of Embarrassing Revelations?
(DBN)

First Goldman, Then Deutsche Bank... Is The U.S. Government Just Going To Go Down The Line?
(DBN)

Credit Suisse Subpoenaed by SEC: Court Document
(DBN)

SEC cool to corporate demands on whistleblowers
(DBN)

______________

Alternative Energy:

A Geothermal Bankruptcy
(DBN)

______________

Trade Credit:

Know which corporate entity is your customer
(DBN)

______________

Religion:

Priest Ask Court to Seal Personnel Records
(DBN)

______________

Manufacturing:

Eagle Bridge files for bankruptcy
(DBN)

______________

Accounting:

BDO Seidman files secret settlement in malpractice case
(DBN)

______________

Student Debt:

The Dark Side of Student Debt
(DBN)

______________

Radio:

Bankruptcy judge approves sale of Atlantic Broadcasting's radio stations
(DBN)

______________

Health Care:

Philly-area hospitals see reversal of financial fortunes
(DBN)

______________

Toll Roads:

Tollway Exits Chapter 11
(DBN)

______________

Autos:

Is GM's Rebound the Real Deal?
(DBN)

GM Thinks Bigger, Looks to Streamline
(DBN)

Owners of Defunct Brands Ride Off
(DBN)

Auto firms climb in Fortune 500
(DBN)

Lexus Fights 'House on Fire' as BMW Steals Decade-Long US Lead
(DBN)

Toyota Doubles Down in Japan
(DBN)

______________

New Bankruptcy Opinions
(No 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:

Vitro, Blixseth, Berkline, Island One, Asbestos Case: Bankruptcy
(DBN)

2010 Bankruptcy Law: The Year in Review
(DBN)

______________

Bankruptcy Statistics:

Corporate bankruptcies on decline in Houston
(DBN)

Phoenix-area bankruptcy filings decline for 3rd straight month, state total down 10 percent
(DBN)

Bankruptcies drop, but Nevada still tops
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Plan Confirmation:

Secured Lenders to Brace for a Longer Race with “Mace” in Place
(DBN)

______________

Celebs:

Trump: I Ran a Great Airline
(DBN)

______________

Sales:

Sand Traps for the Unwary: Golf Course Case Questions the Finality of 'Free and Clear' Sale Orders by Bankruptcy
(DBN)

______________

Banking:

Feds take control of Mississippi credit union
(DBN)

BofA Raises Estimate of Possible Legal, Regulatory Costs
(DBN)

RBS core operating profit jumps 25 pct
(DBN)

Lloyds Bank Posts Q1 Loss of $4 Billion
(DBN)

______________

Distressed Investing:

Black Diamond Capital Management Closes $800M Distressed Fund
(DBN)

______________

Tax:

Who Pays No Income Tax? That’s The Wrong Question
(DBN)

______________

Gambling:

Feds Grab Ex-Playmate's Home In Online Poker Bust
(DBN)

Cereus Poker Denies Bankruptcy , Admits Downsizing
(DBN)

______________

Insurance:

AIG posts 1Q loss on bailout payback, Japan quake
(DBN)

______________

UK:

More UK retailers file for bankruptcy
(DBN)

UK Producer Prices Increased More Than Forecast in April
(DBN)

Insolvency hits a two-year low
(DBN)

Personal insolvencies Fall By 15.5 Per Cent, Although Company Insolvencies Rise
(DBN)

UK: Economy is Falling Fastest Since Lehman
(DBN)

Banks unsupportive, says UK businesses
(DBN)

Foreign Banks Get Scrutiny in Britain
(DBN)

Appointment of Administrators - 5 May 2011
(DBN)

Winding Up Petitions - 5 May 2011
(DBN)

______________

EU:

Euro falls sharply on ECB; caution boosts dollar
(DBN)

Merkel Adviser Sees Two More ECB Rate Rises This Year
(DBN)

Decoded the message is: not so fast
(DBN)

More Reasons to Say “Eeh” When You Learn About the ECB
(DBN - NY Times - Paywall Limit Possible)

______________

Germany:

WestLB Gets New Deadline To Submit Restructuring Proposal
(DBN)

______________

MENA:

Qaddafi's forces bombard rebel cities
(DBN)

US Wants to Use Frozen Libyan Assets to Help the Country’s People
(DBN)

______________

PIIGS:

Greek prime minister booed at WWII hero's funeral
(DBN)

Inevitability Of a Default In Greece
(DBN - NY Times - Paywall Limit Possible)

A big fat Greek real estate sale
(DBN)

Ways of Treading Water II: Eupdate Greece
(DBN)

Portugal Says Economy to Shrink Twice as Much as Forecast Under Added Cuts
(DBN)

Portuguese strike against bailout austerity plan
(DBN)

Markets Losing Faith in Portugal
(DBN)

Ways of Treading Water I: Eupdate Portugal
(DBN)

Spanish Economy Grew 0.2% From Previous Quarter, Bank of Spain Estimates
(DBN)

Nama Lost €714.1 Million In First 10 Months
(DBN)

______________

Italy:

Italy: Disgraced Parmalat founder taken to jail to begin sentence
(DBN)

______________

Japan:

Takefuji's Debt Triples to 1.5 Trillion Yen Since Bankruptcy
(DBN)

______________

Korea:

KAMCO Weeding Out Bad Property Loans
(DBN)

______________

 

 

 

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Copyright 2011