November 2, 2011

The Daily Bankruptcy News

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Law:

Ruden McClosky files for Chapter 11
(DBN)

Ruden Files for Bankruptcy; "Assets" Absorbed into Greenspoon Marder.
(DBN)

MF Global: Just the Right Size to Fail?
(DBN)

More Bankruptcy Lawyers Pulled Into MF Global Orbit
(DBN)

Are Occupiers Finally Learning The Value Of Competent Lawyering?
(DBN)

Top Partners to Work For – Washington, D.C. (Part 2)
(DBN)

Where's My Mentor?
(DBN)

Heller Suit Claims Error by Greenberg Traurig Led to 'Chaotic' Wind Down - News - ABA Journal
(DBN)

Olympus Names Panel to Probe Advisory Fees on Past Deal
(DBN)

Magic Circle Firms In Driver's Seat for Saab Sell Off
(DBN)

Ashurst restructuring partner quits for Kaye Scholer
(DBN)

Ashurst and Weil lead as MF Global files for bankruptcy protection
(DBN)

Kramer Levin Named Law Firm of the Year in Bankruptcy Litigation
(DBN)

Pleading Ignorance
(DBN)

Results: Law Firm Technology Survey 2011
(DBN)

Captain Lawyer to the Rescue
(DBN)

Abramovich, HSBC, Wells Fargo, H&R Block in Court News
(DBN)

Update on the Sam Friedlander Family Murder-Suicide
(DBN)

Why Quinn Isn't In
(DBN)

When you just can't find that particular legal specialist
(DBN)

US is Now 27th in Social Justice
(DBN)

US News & World Report Law Firm Rankings: Year Two
(DBN)

The great debate over law schools
(DBN)

Music Soothes the Savage Briefs
(DBN)

Women Getting Shafted on Reviews
(DBN)

Virtual pro bono a hit at Vinson & Elkins
(DBN)

Pondering the 'Former Lawyer Selling Marketing Advice'
(DBN)

First-Offense Drunken Driving Isn’t Grounds for Attorney Sanction, Top Nevada Court Says
(DBN)

Judge Sets Contempt Hearing for Prosecutors and Court Reporters in Runaway Grand Jury Probe
(DBN)

Not Unethical To Lie To Break Dinner Date
(DBN)

Bracewell's Scott Segal Tells It Like It Is On Comedy Central
(DBN)

Can Citizens Record Cops on Cell Phones? Joining 1st Circuit in Mass., Oregon Appeals Court Says Yes
(DBN)

I Ain’t A Lawyer, I Just Charge A Lot
(DBN)

10-year-old pulls gun on woman joking about stealing his Halloween candy
(DBN)

9-year-old Faces Four Felonies For Wild School Bus Tantrum
(DBN)

______________

Judges:

October is banner month for judge confirmations
(DBN)

Top Wis. Court ‘Suggestion’ to Appellate Judges: Hold Hearing Before Sanctioning Lawyer re Briefs
(DBN)

Judge Judy’s Husband Steps Up to the Bench in TV Pilot
(DBN)

Blogging juror becomes issue
(DBN)

Judges as punching bags
(DBN)

Following a Drop in Foreclosure Fees, Fla. Courts Are Projecting $36M Deficit By March
(DBN)

4 Charged in Alleged Fringe Plot Targeting DOJ, Federal Judges and IRS to ‘Save’ Constitution
(DBN)

Supreme Court vs. 9th Circuit: Roberts Defends Scalia's Honor As Justices Ready To Reverse Case
(DBN)

______________

Wall Street:

Stocks set to open higher
(DBN)

Dow Takes Another Drubbing
(DBN)

Jefferies Slides on Europe Debt Crisis Concerns
(DBN)

Mike Mayo's new book blasts Wall Street
(DBN)

Why being from Goldman can actually be a liability
(DBN - NY Times - Paywall Limit Possible)

The Sell Side Of Investment Banking Slowly Being Dismantled
(DBN)

Milk Street Cafe Owner Sacks 21 Employees As Consequence Of Occupy Wall Street Demonstration
(DBN)

The truth about what Occupy Wall Street has become
(DBN)

The Inevitable Has Happened: Occupy Foreclosures
(DBN)

Harvard Students Plan Walk-Out Of Greg Mankiw's Economics Class To Show Solidarity With Occupy Movement
(DBN)

Why Occupy Dallas is Different
(DBN)

______________

Layoffs:

Tweeter Decision Extends WARN Act Liability to Distant Parent Companies
(DBN)

U.S. Job Creation Up in October, Reversing Recent Declines
(DBN)

Jobs Crisis Threatens Globe Social Unrest
(DBN)

You're Not Going To Believe Obama's Latest Jobs Plan
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Fraud:

Most of the $19.9 bln Madoff case vs JPMorgan gets tossed
(DBN)

2 Banks Win Ruling in Madoff Case
(DBN)

U.S. Judge Bars a Suit for Victims of Madoff
(DBN)

Feds sue Allied Home Mortgage and founder for fraud
(DBN)

Rajaratnam's prison date changes to Dec. 5 - judge
(DBN)

Rajaratnam Says He Shouldn't Have to Pay SEC More Penalties
(DBN)

______________

Autos:

Saab Executive Says Chinese Turnaround Plan Not Yet Complete
(DBN)

Chinese buy Saab. Swedes shrug.
(DBN)

Toyota, Honda Fail to Record U.S. Auto Sales Gains as Pledged
(DBN)

October auto sales up, but concerns deepen
(DBN)

Chrysler Sales Jump 27%
(DBN)

Rattner Applauds Auto Bailouts Happy Ending
(DBN)

Wall St. Funding Tote the Note Lot Scams
(DBN)

A Vicious Cycle in the Used Car Business
(DBN)

______________

Municipalities:

Harrisburg Bankruptcy Judge Tells Vendors City Can Pay Them
(DBN)

Harrisburg Doesn t Need OK To Pay Vendors
(DBN)

Pennsylvania Interviewing Job Candidates for Harrisburg Receiver
(DBN)

CBS 21 sits down with Harrisburg Bankruptcy Attorney
(DBN)

Facing state takeover, Harrisburg officials talk
(DBN)

State of the City held with Mayor Thompson, two other Mayors of distressed cities
(DBN)

Act 47 mayors encourage Harrisburg officials to come together on plan
(DBN)

Pennsylvania Court Rules Against Distressed Munis
(DBN)

York should file for bankruptcy
(DBN)

Vallejo's bankruptcy ends after 3 tough years
(DBN)

Protesters want Jeffco to declare bankruptcy
(DBN)

Objections filed to Central Falls contract changes
(DBN)

Jerry Brown’s ‘Nixon to China’ Moment on State Employees' Retirement Age
(DBN)

What Texas Miracle? Residents in some Lone Star State cities rank among the brokest in America
(DBN)

Michigan and Its Crumbling Roads
(DBN)

______________

Student Debt:

Rep. Hansen Clarke: 'Student loan debt has made a mockery of the American Dream'
(DBN)

College Loan Debt Weighs On Budding Entrepreneurs
(DBN)

Will Student Loans Soon Be Discharged in Bankruptcy ?
(DBN)

______________

Bankruptcy Crimes:

Bastrop Couple Indicted for Bankruptcy Fraud
(DBN)

Trustee wants to block Bujak's wife's bankruptcy over Rolex
(DBN)

______________

Telecoms:

Verizon duped FairPoint, $2B suit charges
(DBN)

Verizon Knifed it in the Back, Fairpoint Says, Calling $2.5 Billion Spinoff & Merger a Fraud
(DBN)

Open Range finds Minnesota buyer
(DBN)

Creditors protest Open Range's chapter 11 sale plan
(DBN)

______________

Food/Beverage:

Perkins restaurant's reorganization plan approved by court
(DBN)

Friendly Ice Cream Wins Court Approval to Hold Asset Auction
(DBN)

______________

Corporate Reform:

US Consumer Bureau to Streamline Rules From Other Agencies
(DBN)

CFPB official defends bureau's first 100 days
(DBN)

CFPB now employs 700 staffers
(DBN)

First 100 Days of Consumer Protection Bureau Examined
(DBN)

New SEC Leaders Prepare to Undertake Dodd-Frank Oversight Duties
(DBN)

______________

Religion:

Church braced for wave of sex abuse
(DBN)

Chapman ups offer for Crystal Cathedral
(DBN)

______________

Politics:

Brown, Warren slug it out in money trenches
(DBN)

A Class Warrior, And Hits For Average Too!
(DBN)

Poll: Texas Don't Credit Perry on Economy
(DBN)

Perry's Tax Plan: Only Rich Need Apply
(DBN)

FactCheck: Perry's Dubious Tax Promise
(DBN)

______________

Personal Finance:

Recession's Impact on Boomer Retirements
(DBN)

______________

Economy:

Manufacturing growth slowed slightly in October
(DBN)

Federal Reserve concludes 2-day meeting with many economists expecting no change in policy
(DBN)

Reid: Rich 'Can Afford to Contribute a Teeny, Tiny Fraction More'
(DBN)

The GOP Race to Cut Rich People's Taxes
(DBN)

15% of U.S. Uses Food Stamps
(DBN)

Budget Veteran Warns Deficit Committee They Might 'Fail the Country'
(DBN)

Simpson, Bowles want deep cuts from debt panel
(DBN)

Our Problems Real, No Simple Solutions: Simpson, Bowles
(DBN)

Langone: Deficit Supercommittee a Charade
(DBN)

Bond Dealers See Fed Holding Rate Near 0% at Least Through First Half of 2013
(DBN)

Could Greece’s troubles wreck the American economy?
(DBN)

GAO criticizes Fed's handling of AIG bailout
(DBN)

US Infrastructure Argument Crumbles
(DBN)

The Money Printing Era Will Implode In One Or Two Years
(DBN)

25 Super Rich People Who Use Their Money To Help The World
(DBN)

This Is How Income Inequality Destroys Societies
(DBN)

Most Americans Believe Crime in U.S. Is Worsening
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Dallas Seeks to Bring All Texas Counties Into MERS Filing-Fee Lawsuit
(DBN)

Strategic default risk growing for negative equity jumbo mortgages
(DBN)

Bloomberg blames crisis on bad Fannie/Freddie loans (except they don't make loans)
(DBN)

Fannie Mae serious delinquencies lowest since 2009
(DBN)

LPS: Foreclosures delinquent an average of 624 days
(DBN)

Regulators Begin Offering Foreclosure Reviews to Borrowers
(DBN)

4M homeowners eligible for foreclosure review
(DBN)

'Robo-Signing' Prompts New Foreclosure Reviews
(DBN)

Cost of foreclosure settlement rises by $5B
(DBN)

AG settlement targets 5 largest mortgage servicers
(DBN)

Federal judge unlikely to approve SEC, Citi settlement
(DBN)

BNY Mellon Appeals federal Judge’s Venue Ruling in Bank of America Deal
(DBN)

Administration Favors Settling With Banks on Criminal Actions They’re STILL Engaged In
(DBN)

Banks, regulators start massive review of foreclosures
(DBN)

The Looming Occupy Foreclosures Movement
(DBN)

Ad claims Mitt Romney's housing policy is to let foreclosures "hit the bottom."
(DBN)

Bank of America Forecloses on Home That Doesn't Exist, Fails
(DBN)

Allied Home Mortgage sued for lending fraud
(DBN)

Texas home sales jumped 18% in the third quarter
(DBN)

Soaring delinquencies could crush the New York housing market
(DBN)

Several more years with nearly 1M foreclosures per year
(DBN)

Incline Village: Blazing the Trail for Property Tax Revolts
(DBN)

Empire Towers auction draws no bidders
(DBN)

Credit Suisse Shutters CMBS Group
(DBN)

N.J. Prosecutor: Mafia Took Over Subprime Lender
(DBN)

Goldman buys real estate portfolio from Lehman
(DBN)

California Commercial Loan Delinquency Remained Unchanged In Q3
(DBN)

Price Tag On Manhattan's Last Freestanding Mansion
(DBN)

_____________

Banking:

PIMCO's Gross: US banks need more capitalization
(DBN)

Bank of America Backs Off From Plan to Charge Debit-Card Fee
(DBN)

Debit card fee waived, but bank customers still upset
(DBN)

Occupy shrugs off bank's debit-card move
(DBN)

Bank of America's Qwikster Moment
(DBN)

Bank of America Retreats on Fee, Stock Retreat Continues
(DBN)

Wells Fargo 125% Fee Hike
(DBN)

Wells Fargo: Welcome Super Rich
(DBN)

Credit Suisse Plans More Job Cuts Even as Profit Rises 12%
(DBN)

______________

Broker-Dealers:

Report: MF Global Exec Admits to Using Client Money
(DBN)

Implications of MF Global Inc. SIPC Proceeding for Counterparties and Market Participants
(DBN)

Worried investors swamp MF Global Singapore's office
(DBN)

FBI Probes into MF Global Bankruptcy
(DBN)

MF Global Customers Call SIPC Asking for Money After Bankruptcy
(DBN)

Former NJ Governor embroiled in missing funds scandal
(DBN)

Corzine's Lack of MF Global Controls Exposed With Missing Money
(DBN)

Former New Jersey Governor’s Fund Lost Track of a Bit of Money
(DBN)

In Corzine Comeback, Big Risks and Steep Fall
(DBN)

Mr. Corzine's Big Bet
(DBN)

Corzine last week: "the structure of the transaction...essentially eliminates market and financing risk"
(DBN)

Fiscal tragedy of an ill-suited pol
(DBN)

Jon Corzine's Revenge on Goldman
(DBN)

MF Global Bankruptcy Leaves Star Bankers Adrift Amid Cuts
(DBN)

Judge grants $8 million 'lifeline' to MF Global
(DBN)

JPMorgan Seeks Lien on All MF Global Assets
(DBN)

J.P. Morgan Seeks Restrictions on MF Global's Use of Cash
(DBN)

All MF Global Funds Are Accounted For, Held by Brokerage
(DBN)

CME investigating MF Global account separation 'failure'
(DBN)

MF Global bankruptcy shows regulatory resolve
(DBN)

MF Global accounts shock leaves clients scrambling
(DBN)

“Business as Usual” for Some Parts of MF Global
(DBN)

MF Global enters insolvency proceedings on both sides of the pond
(DBN)

MF Global UK enters special administration regime. What happens next?
(DBN)

MF Global, European Sovereign Debt and Risk
(DBN)

The Fed’s MF Global Problem
(DBN)

MF Global Stock to Be Delisted by NYSE, Citing Bankruptcy
(DBN)

The biggest losers in MF Global's bankruptcy
(DBN)

4 N.Y. Firms Own 24.4% Stake in MF Global
(DBN)

The firms facing $37 billion in exposure to MF Global are "still mostly opaque"
(DBN)

MF Global’s fall from ‘junk’ to bankrupt
(DBN)

Live: Inside MF Global's Bankruptcy Hearing
(DBN - NY Times - Paywall Limit Possible)

Why MF Global could thump advisers, too
(DBN)

IFR-MF Global subprime RMBS liquidation is scuttled
(DBN)

Deloitte Assumes Control of Insolvent MF Global’s Business in Australia
(DBN)

More than 700 staff face redundancy as broker goes bust
(DBN)

MF Global's Demise Will Have Political Fallout
(DBN)

3 big questions for MF Global fiasco
(DBN)

Corzine Key Man Bonds Default Before Coupon
(DBN)

Fallout From MF Global Bankruptcy Declaration
(DBN)

Jefferies Would Like to Say It's Not MF Global
(DBN)

While MF Global sank, lobbying went on as usual
(DBN)

MF Global Bankruptcy Filing Shows Company was in Push to Create Core Business Value, Not Looking to Liquidate
(DBN)

KPMG says closing out MF Global UK client positions
(DBN)

KPMG Is Confident That MF Global UK Clients Will Get Their Money
(DBN)

Deloitte accused of losing clients money
(DBN)

_____________

Celebs:

Mark Brunell Faces Bankruptcy
(DBN)

Jets Quarterback Mark Brunell's Catastrophic Financial Path
(DBN)

______________

Oil/Gas:

Oil declines nearly 3% on Europe jitters
(DBN)

______________

Mass Torts:

Transocean Turns up the Heat on BP
(DBN)

______________

Museums:

Hollywood Holocaust center may face foreclosure
(DBN)

______________

Corporate Governance:

An Interview with Delaware Supreme Court Chief Justice Myron Steele
(DBN)

______________

Waste:

Developer of Eagle Mountain dump files for Chapter 11 bankruptcy
(DBN)

______________

Hotels:

Crowne Plaza loses affiliation
(DBN)

______________

Energy:

Carl Icahn to Dynegy Bond Holders: I Dare You.
(DBN)

______________

Financial Literacy:

Financial Aid - What is a Bank? - What is a Company? - What is Equity? - What is a Stock Exchange? - What is a Fund? - What are Taxes? - What is Financial Information? - What is an Economy? - What is Insurance? - What is Bankruptcy?
(DBN)

______________

Art:

Christie’s New York Art Sale Flops as Buyers Shun Degas Amid Market Slump
(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:

MF Global, Tribune, Harrisburg, Beacon, Lehman
(DBN)

Rochelle on Madoff, Vitro, Removal from Bankruptcy Court
(DBN)

______________

Bankruptcy Statistics:

Rochester: Bankruptcy filings fall again in October
(DBN)

San Antonio area bankruptcy filings climb in October
(DBN)

Hawaii bankruptcy filings continue to fall
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Smack-Down of a Straitjacket
(DBN)

______________

Indentures:

Bankruptcy Court Overrides CDO Indenture Provision Requiring Noteholder Consent to Liquidation After Accelerating Default
(DBN)

______________

Executory Contracts:

Historical Breaches May Undermine Assumption of Executory Contracts
(DBN)

______________

Litigation:

Document destruction results in sanctions
(DBN)

______________

Media:

Tribune Co. to move fast on revised reorg plan
(DBN)

Tribune hopes bankruptcy exit plan can be altered to win approval
(DBN)

Tribune Co. hunkers down to fix bankruptcy plan
(DBN)

Trib investors could face legal trouble
(DBN)

______________

Insurance:

Eleventh Circuit Rejects Claim For Defense Costs Incurred During Voluntary Compliance With An Informal SEC Investigation
(DBN)

______________

Golf:

Trinitas golf course loses another round
(DBN)

______________

Alternative Energy:

DOE Gets Another Black Eye With Beacon Bankruptcy
(DBN)

Beacon Power: We're broke, but we're no Solyndra
(DBN)

Rep. Blackburn: We Should End All of These Programs
(DBN)

White House Orders Review of Energy Department's Loan Program
(DBN)

Solyndra Auction Will Unload Bankrupt Solar Panel Maker's Assets
(DBN)

Solyndra Was Just the Beginning
(DBN)

Former Solyndra CEO got $456K severance
(DBN)

Green tech still withering in the 'Valley of Death'
(DBN)

Texas Rep. Michael Burgess accuses White House of Solyndra cover-up
(DBN)

Range Fuels website down; is bankruptcy filing imminent?
(DBN)

______________

Debit/Credit Cards:

Here's What You Should Do With All That Junk Mail Offering You Credit Cards
(DBN)

______________

Baseball:

McCourt Agrees to Sell Dodgers, Team to Be Auctioned in Bankruptcy
(DBN)

Frank McCourt's selling the Dodgers? Get outta town!
(DBN)

Frank McCourt agrees to sell Dodgers
(DBN)

The Los Angeles Dodgers Are for Sale
(DBN)

______________

Health Care:

Prime to manage hospital over Harris' objection
(DBN)

______________

Awards:

Lois R. Lupica Named a Fellow of the American College of Bankruptcy
(DBN)

______________

Debt Collection:

Rogue Debt Collection Companies Get Clamp Down by FTC
(DBN)

______________

Lehman:

Goldman Sachs Gets 24 Subpoenas From Lehman in Probe of Derivatives Claims
(DBN)

Singapore Investors Lose Bid to Recoup Lehman-Related Losses on Appeal
(DBN)

______________

Aviation:

Incredible Video
(DBN)

______________

Sovereigns:

IMF May Create Credit Line for Countries
(DBN)

______________

UK:

Bankruptcy tourism to be addressed at breakfast briefing
(DBN)

Cattles Claims 'Gross Misstatement' of Bad Debt in PwC Audits
(DBN)

What really happens when a football club goes into administration
(DBN)

UK opts out of Euro insolvency rules
(DBN)

______________

EU:

Europe's Bogus Bailout
(DBN)

European Debt Crisis Tightens Its Chokehold on Global Markets
(DBN)

Europe Shouldn’t Count on a Chinese Bailout
(DBN)

EU leaders race to save eurozone deal
(DBN)

Greek referendum plan stuns Europe, markets
(DBN)

Germans warn of Greek euro exit after referendum gambit
(DBN)

European Perspective: Roll Up! Roll Up! Schemes Roundup
(DBN)

What Has Really Happened To Euro Debt Insurance?
(DBN)

EU Financial Crisis Rumbles in Texas
(DBN)

Why EU Plan to End Crisis Won't Work
(DBN)

Super Mario May Need a Bazooka to Save the Euro
(DBN)

Euro-zone Oct. manufacturing PMI falls to 47.1
(DBN)

______________

PIIGS:

Greek govt 'on verge of imploding'
(DBN)

Sixth tranche from IMF in doubt
(DBN)

Greek Bailout Referendum Rattles Markets, But May Not Happen
(DBN)

Eupdate Game-Changer: The Greek Referendum
(DBN)

What’s at stake for Greek citizens?
(DBN)

Whispers of Return to Drachma Grow Louder in Greek Crisis
(DBN)

Here's What's About To Happen To The Greek Government...
(DBN)

PM faces opposition from some ministers, MPs
(DBN)

How Greece Just Destroyed The EFSF
(DBN)

IIF's Dallara focused on haircut despite Greece ?rollecoaster?
(DBN)

Many Greeks Now Leaving Their Country
(DBN)

Papandreou brinkmanship may be step too far
(DBN)

EU leaders set to give Greece "take it or leave it" offer
(DBN)

Here's What Happened The Last Time A Papandreou Blackmailed All Of Europe
(DBN)

Referendum Will Confirm Greece in Euro: Papandreou
(DBN)

Austerity Faces Test as Greeks Question Their Ties to Euro
(DBN)

Athens vote threatens bail-out deal
(DBN)

Emerging Stocks Decline on Greek Referendum; Currencies Weaken
(DBN)

Greece faces bankruptcy in case of 'No' vote: Juncker
(DBN)

Can Greece Survive?
(DBN)

Italian bond spreads reach euro-era high
(DBN)

Here's Why Spain Desperately Needs A Bad Bank
(DBN)

Ireland sees ECB "wall of money" to calm markets
(DBN)

ie: UK escape route for our bankruptcy 'tourists'
(DBN)

NIB Reports €623 Million Impairment
(DBN)

______________

Canada:

Creditor pans Aviawest restructuring plan
(DBN)

Risky Business: Terminating Contracts Under the Master ISDA Contract
(DBN)

______________

China:

The Dark Side of China's Infrastructure Boom
(DBN)

World Needs China to Slow Growth Gradually
(DBN)

Unpaid Wages In China: Can’t Pay, Won’t Pay
(DBN)

______________

Japan:

Possible new "fission" found at Japan's wrecked nuclear plant
(DBN)

Olympus Scandal Reveals Little Has Changed in Japan
(DBN)

Soul-Searching at Nomura
(DBN)

______________

Indonesia:

Court sends bankruptcy judge briber to prison for 3.5 years
(DBN)

______________

Mexico:

Creditors of Mexico's Vitro reject restructuring plan
(DBN)

______________

 

 

 

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