November 30, 2011

The Daily Bankruptcy News

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Law:

Four Firms Help AMR Fly Into Chapter 11
(DBN)

Fortress Loses Bid To Chase Dreier Dollars
(DBN)

Linklaters handed £2.2m profit share to highest-earning partner in 2010-11
(DBN)

Attorney Whose Law Firm Paid for Lavish Home Bath Remodel Gets Time in $466K Forgery Case
(DBN)

Confidence slumps among London partners as euro crisis continues to worry
(DBN)

Business Claims Bryan Cave Attorney Lied
(DBN)

Biting Ruling Slams Lawyer for Misleading Appeal Court
(DBN)

Judge says lawyer "no advertisement for male sensitivity"
(DBN)

Relatives of Heiress Huguette Clark Accuse Lawyer and Accountant of ‘Plundering’ Her Fortune
(DBN)

Nelson Mullins Adds Bankruptcy Lawyer
(DBN)

Goldman, Morgan Stanley, EFSF, Cargill, Anglo Irish Bank in Court News
(DBN)

Lawyer Blows Whistle on Own Firm, Testifies Against Ex-Partner at Trial
(DBN)

Small Firms Rule
(DBN)

Groupon for Lawyers: MyLegal.com Delivers Legal Deals
(DBN)

Survey of chief legal officers explores priorities, budgets
(DBN)

In Law Department Spending, Efficiency Trumps Cost
(DBN)

Hard times for law firms spell pro bono cuts
(DBN)

Jobless Lawyer Starts Occupy Movement
(DBN)

Law Firms, Associates Weigh the Benefits of Deferrals
(DBN)

Law Student Breaks Up With His Law School
(DBN)

USC Law’s Snitch Patrol: Episode Two
(DBN)

Solyndra Lawyer Joins Gibson Dunn
(DBN)

Jackson doctor gets 4 years in jail, no probation --Reduced To 2 Years -- Lawyer: The Documentary Was a Mistake
(DBN)

Lawyer Accused of Seeking Secretary with ‘Benefits’ Gets One-Year Suspension
(DBN)

Marty Feldman, Doc Review Lifer
(DBN)

Things You Can't Do on a Plane: Vol. 8
(DBN)

Book Review: The Litigators
(DBN)

Federal Jail Overrun With Strippers Posing As Paralegals, Lawyers Say
(DBN)

Elvis Presley Estate Sued For $130 Million By King's 'Real Daughter'
(DBN)

Love Hurts, Especially When Your Boyfriend Gives You a ‘Tatt-poo’ -- Just Kidding
(DBN)

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Judges:

Commission moves to censure judge who played lawyer in own court
(DBN)

A Portrait of Elena Kagan as a Young Justice
(DBN)

Group wants Kagan, Thomas to explain recusal decision
(DBN)

Should three key Supreme Court justices bow out of health care ruling?
(DBN)

Creeping informality at Supreme Court
(DBN)

A Chastised Lawyer Lashes Out at Judge Posner
(DBN)

Federal Magistrate Judge Accuses 2 Prominent Lawyers of Ethical Lapses During ‘Festival of Perjury’
(DBN)

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Wall Street:

Stock futures signal losses, focus on banks
(DBN)

Stocks Close Mixed, S&P Ends Below 1200
(DBN)

Five Stocks That Could Be Impacted By AMR's Bankruptcy
(DBN)

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Layoffs:

US Planned Layoffs Edge Down in November: Challenger
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

'Cyber Monday' sales up 33 percent
(DBN)

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Banking:

Bank Of America: The sickening drop continues -- Nearing $5 danger zone
(DBN)

Ranking the Largest U.S. Banks: J.P. Morgan Ascends to the Top Spot
(DBN)

JPMorgan Bonuses May Drop as Bank Wraps Up Performance Reviews
(DBN)

BofA, Goldman, Citi Ratings Reduced by S&P -- Downgrades Dozens Of Global Banks
(DBN)

31 Banks The Fed Is Watching Like A Hawk
(DBN)

The World’s Most Profitable Banking Center Is…
(DBN)

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Tax:

Swiss Banks Could Lose $1.2 Billion From Tax Deals
(DBN)

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Fraud:

Fortress Credit Suit Against Dechert Thrown Out on Appeal
(DBN)

Rajaratnam Witness's Bail Loosened
(DBN)

House Ethics Committee Warns Lawmakers About Insider Trading
(DBN)

Why Congress can freely trade on insider information
(DBN)

Paulson Delivered Inside Information on GSEs to Cronies
(DBN)

Hank Paulson’s inside jobs
(DBN)

Olympus Whistleblower Woodford Meets With Prosecutors, SEC Investigators
(DBN)

Allen Stanford Mental Fitness Hearing Before Fraud Trial Set for December
(DBN)

Paramount Responds to Massive Fraud Lawsuit, Claims Finance Partner 'Ignores the True Facts'
(DBN)

Citigroup Saudi Deal Haunts Pandit as Family Claims $383 Million Wipeout
(DBN)

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Politics:

American Airlines bankruptcy won't ground DC lobbying fleet
(DBN)

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Municipalities:

AMR-Backed Municipal Airport Debt Falls on American Air Parent Bankruptcy
(DBN)

Jefferson County Bankruptcy Judge Rejects Two Arguments on Sewer Receiver
(DBN)

Petelos expects legislative fix for JeffCo -- Talks about his first two months in office
(DBN)

Court upholds conviction of Jefferson County official
(DBN)

Rulings on Jefferson County bonds could have ripple effect on muni market
(DBN)

Central Falls, RI, retirees, receiver have accord
(DBN)

Emergency Manager Named to Control Flint, Michigan, Finances
(DBN)

Illinois senate passes CME, Sears tax relief
(DBN)

States Facing Bleak Economic Forecasts
(DBN)

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Distressed Investing:

Will AMR Vultures Be Grounded?
(DBN)

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MF Global:

MF Global trustee seeks to pay out $2.1 billion more
(DBN)

Details Emerge on MF Global's Last-Ditch Effort to Fill Shortfall
(DBN)

Fees for MF Global Wind-Down to Reach $100 Million
(DBN)

MF Global USA Will Have Zero Employees By Year's End
(DBN)

The Numbers That Never Stop Changing In The MF Global Bankruptcy
(DBN)

KPMG Finds Half of That MF Global Client Money; Still Not Making Any Promises
(DBN)

Lawmaker presses CFTC on MF Global collapse
(DBN)

KPMG Recovered $500 Million of MF Global UK Client Assets
(DBN)

MF Global Hotseat for Corzine ... and the White House?
(DBN)

Jon Corzine: The hazards of a celebrity CEO
(DBN)

MF Global sells exchange seats, cuts ties to grains
(DBN)

MF Global sells more KCBT memberships
(DBN)

MF : We stole only 1/3 of the $1.2 trln!
(DBN)

Finally, MF customers catching a break
(DBN)

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Food/Beverage:

Sbarro Bankruptcy Proceedings Over As Pizza Chain Exits Chapter 11
(DBN)

Potato chip maker Mister Bee files for bankruptcy
(DBN)

Whatever Happened to Tang?
(DBN)

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Autos:

Saab Great Britain files for bankruptcy protection
(DBN)

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Orchestras:

With pension agreement, Philadelphia Orchestra nears resolution of bankruptcy case
(DBN)

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Economy:

Consumer Confidence Beats At 56.0 Versus Expected 44.0 -- Surges
(DBN)

US Company Profits Highest in 40 Years
(DBN)

Fedex: The Economy Is Still Growing, And Will Grow Next Year As Well
(DBN)

Paulson gave Wall Street executives advance word of Fannie, Freddie bailouts
(DBN)

For the US and EU, What Nearly Killed Us Could Save Us
(DBN)

There's A Simple Way To Fix The Economy, And A Simple Reason We're Not Doing It
(DBN)

Fed's Secrecy During Crisis Limits Effort to Stop Another
(DBN)

Bloomberg Report Exposes the Federal Reserve Doing Its Job
(DBN)

Hank Paulson And The Wall Street/Washington Axis Of Power
(DBN)

Crony Capitalism? Hank Paulson's Extraordinary Meeting
(DBN)

The Ultimate Tale Of The Economy's Collapse, Recovery, Slowdown And Then Recovery
(DBN)

Report: Payroll Tax Cut extension is likely
(DBN)

Congress Is Still Miles Away From A Deal On The Payroll Tax Cut
(DBN)

The 21 Most Bizarre Economic Indicators
(DBN)

Are Workers to Blame for Income Inequality?
(DBN)

Retirement Preparation in US Reaching Crisis Levels
(DBN)

Half of Americans worry they can't afford Christmas this year
(DBN)

Developed World Facing 'Mission Impossible': Economist
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

NY, Delaware AGs may intervene in BofA, BNY Mellon MBS settlement
(DBN)

Home prices drop in September, reversing months of gains -- 8-year lows-- Chicago area slide -- Seattle down -- Detroit up 3.7% -- Atlanta prices drop -- Las Vegas: new post-peak housing low
(DBN)

Fewer Underwater Borrowers, But Housing Keeps Sinking
(DBN)

Mortgage Applications Tumbled Last Week
(DBN)

Home Ownership Heads to New Lows
(DBN)

Housing Recovery Hinges on Household-Formation Gain, Case Says
(DBN)

Case-Shiller Price Index Falls More than Forecast
(DBN)

The Reason The House Prices Will Fall Another 8% Next Year
(DBN)

A New Shot at Mortgage Relief
(DBN)

Report charges FHFA for ignoring rep and warranty concerns at Freddie
(DBN)

There's One Region Of The US Where The Housing Market Is On Fire
(DBN)

N.M. AG to again push for foreclosure protection bill
(DBN)

Las Vegas notary public guilty in robo-signing scheme found dead
(DBN)

Why Getting a Mortgage Is Tough Right Now
(DBN)

Bleak outlook for manufactured housing as secondary market shuns sector
(DBN)

The World's Best Places to Live 2011
(DBN)

Commercial Real Estate Default Rate Down 3.75% In Q3
(DBN)

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Aviation:

American Airlines Parent AMR Files for Bankruptcy Protection - Press Release - Petition - First Day Affidavit - Timeline - Liveblogging: first day
(DBN)

American Airlines draws new bankruptcy judge in NY
(DBN)

AMR Executives Said to Have Begun Bankruptcy Contingency Plans in August
(DBN)

Fitch Downgrades
(DBN)

Unsecured Creditors May Recoup 'Next to Nothing'
(DBN)

Shares halted repeatedly -- fall 85% as trade resumes
(DBN)

Airline ETF In Focus As AMR Lands In Bankruptcy
(DBN)

Small cities may see less of American
(DBN)

AMR: A Moral Man Loses a Battle
(DBN)

Arpey could not mend relationships with unions
(DBN)

For AMR's Now-Former Chief, a Long Career Felled by Chapter 11 -- Balked at bankruptcy -- But: Said to Have Mapped Exit After Anti-Bankruptcy Stand
(DBN)

Gerard J. Arpey Joins Emerald Creek Group as a Partner
(DBN)

Q&A with American's new CEO: 'It was time to get on with the full restructuring' -- 'Challenging day'
(DBN)

Lost Altitude
(DBN)

Five facts about American Airlines
(DBN)

AMR's Self-Funded Bankruptcy A Rarity
(DBN)

American and Why Different Didn't Work
(DBN)

AMR Bankruptcy Deals 'Blow' to Region Airline Put on the Map
(DBN)

AMR Files (video)- Miami's 4th Largest Employer
(DBN)

American Airlines bankruptcy unlikely to disrupt fliers - May trim flight schedule
(DBN)

What the American Airlines Bankruptcy Means for Travelers -- Travelers React -- Passengers, crew rattled -- Seeks to soothe worried AAdvantage members
(DBN)

Only fliers are safe in American Airlines bankruptcy -- Who Loses?
(DBN)

TWU president: Union is 'very disappointed' in AMR bankruptcy filing --Talks With Pilots End -- May Cost Workers $1 Billion in Pension Benefits -- Retirees have the most to lose -- Workers Likely To Lose Out
(DBN)

Tightening Belts at American Airlines
(DBN)

APFA president: Chapter 11 filing by American Airlines not a complete surprise
(DBN)

United Continental, Delta Air May Gain From AMR's Bankruptcy -- Bad news for Republic Airways -- US Airways Seen as Possible Partner -- Qantas says no impact -- May opt for a deal
(DBN)

United Continental Call Volume Skyrockets on AMR Bankruptcy
(DBN)

American Airlines succumbs to the industry's head-winds
(DBN)

American bankruptcy long overdue, travel experts say -Joins long list of airlines filing for bankruptcy protection - Filing will be good for industry
(DBN)

Is the Airline Industry in Dire Straits?
(DBN)

Who's running the show at American Airlines
(DBN)

Gordon Bethune: AA bankruptcy "inevitability of an irrational workforce"
(DBN)

Analysts React American's Bankruptcy Filing: 'This Wasn't About Liquidity'
(DBN)

How Will AMR Use The Power Of Bankruptcy?
(DBN)

AA jettisons some excess baggage
(DBN)

For American, a blemish on a distinguished history
(DBN)

Airlines and Boeing: What's the Fallout from AMR Bankruptcy ? --CEO Says Record Jet Order Is 'Rock Solid' -- Boeing's Albaugh Expects Long-Term Benefits
(DBN)

AMR bankruptcy clouds Boeing jet order
(DBN)

Global Knafaim: American Airlines plane leases are 18% of revenue
(DBN)

GE doesn't see "significant" loss from AMR filing
(DBN)

Experts, Leaders Weigh-In On AMR Bankruptcy
(DBN)

Is Bankruptcy 'Business As Usual' For Airlines?
(DBN)

American Airlines catches up with aviation reality a decade later -- Waited too long to bail out
(DBN)

Airport bonds eyed in American Airlines bankruptcy
(DBN)

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Health Care:

Failed NY dental chain lists no assets, $3.6M debt
(DBN)

______________

Protests:

Police, Protesters Skirmish in Los Angeles
(DBN)

Hundreds Of Cops In Riot Gear And Hazmat Suits Storm Occupy LA
(DBN)

"Occupy 2012" and how next year's election could resemble 1968
(DBN)

______________

History:

The Man Who Busted the ‘Banksters’
(DBN)

______________

Alternative Energy:

Solar power bankruptcies loom
(DBN)

SolarCity Gets Loans for $1 Billion Project Without Guarantee
(DBN)

______________

Art:

A second chance with art
(DBN)

______________

Celebs:

Half Of Hollywood Is Broke -- The Stars Who Lost Or Squandered Their Fortunes
(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:

MF Global, Lehman, Solyndra , Dodgers, SP Newsprint
(DBN)

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Bankruptcy Statistics:

How American Airlines's Bankruptcy Stacks Up
(DBN)

Unofficially, AMR is 100th airline bankruptcy since 1990
(DBN)

Ranking the Largest Airline Bankruptcies
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

Bankruptcy Court Holds Assignment of Voting Right Unenforceable
(DBN)

______________

Administrative Claims:

Severance Payments as Administrative Expenses? One Court Says, “Don’t Count On It.”
(DBN)

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Bankruptcy Reform:

House approves military-related bankruptcy bill
(DBN)

______________

Corporate Reform:

NY federal judge an outlier in challenging SEC
(DBN)

A Closer Look at Judge Rakoff's Rejection of the SEC's Settlement with Citigroup
(DBN)

Judge to Citi: if you don’t admit, you can’t settle it
(DBN)

Tackling the power of the 1%
(DBN)

Judge to SEC: Don't Let Wall Street Off the Hook
(DBN)

SEC, Citi fight CDO settlement rejection
(DBN)

CFPB moves to streamline inherited financial regulations
(DBN)

Chief judge: Rakoff assignment to Citi case was 'totally random'
(DBN)

SEC's Schapiro Asks Congress to Raise Limits on Securities Fines
(DBN)

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Litigation:

Obtaining Disclosure of ESI From Non-Parties
(DBN)

The Future of Class Action Lawsuits
(DBN)

How to Fulfill Document-Preservation Obligations
(DBN)

______________

Environmental:

Tronox Judge to Decide on Anadarko Request for Cap in $15.5 Billion Suit
(DBN)

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Baseball:

Dodgers bankruptcy hearing delayed as talks open
(DBN)

______________

Entertainment:

Michael Jackson Tribute Promoters File For Bankruptcy
(DBN)

______________

Gambling:

Hooters hotel-casino to be auctioned off in Las Vegas bankruptcy
(DBN)

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Politics:

Karl Rove's Massachusetts culture war
(DBN)

Cain Helped His Latest Accuser with Rent and Car Payments
(DBN)

______________

Lehman:

Lehman Liquidation Plan Backed by $450 Billion in Claims -- Voting creditors back plan
(DBN)

______________

Ratings Agencies:

Credit agencies lack credibility after role in crisis: survey
(DBN)

S&P Cuts Credit Ratings on Several Large Banks
(DBN)

______________

Electricity:

Trustee named for SME -- Members want audit
(DBN)

Questions and answers about Southern Montana Electric
(DBN)

______________

Financial Advisors:

CFP Board to warn planners about declaring bankruptcy
(DBN)

______________

UK:

British Politician Admits The Whole 'Austerity' Thing Isn't Working
(DBN)

UK: Bad News on Growth and Jobs
(DBN)

2 million strike in Britain over pension changes
(DBN)

______________

EU:

Europe Stares into the Abyss
(DBN)

Eurozone fatigue setting in
(DBN)

It's Official: Europe Has 10 Days To Save The Euro
(DBN)

Flow Chart For The EFSF
(DBN)

Europe Boosts the Size of EFSF Bailout Fund
(DBN)

Euro Ministers Bid for Bigger IMF Role as Fund Boost Falls Short
(DBN)

Euro Finance Ministers Discuss Radical Ideas
(DBN)

Central Banks Urged to Take More Active Role in Fighting Euro Debt Crisis
(DBN)

EU Writedown Plan May Shield Creditors
(DBN)

Rearranging the Deck Chairs in Europe
(DBN)

Will the Eurozone Last the Year?
(DBN)

The Rosetta Stone Of The Entire Sovereign Debt Crisis
(DBN)

New Troubling Headlines Coming Out Of Europe
(DBN)

Citi: Euro Crisis to Escalate
(DBN)

Morgan Stanley: The Euro Economy In 2012 And 2013
(DBN)

Bill Gross: Two Big Problems With The Eurozone
(DBN)

Euro finance ministers try to avert crisis
(DBN)

Merkel won't swap euro bonds for stability rules: MPs
(DBN)

Germany and France Should Help Italy and Others Leave the Euro Behind
(DBN)

Euro Nations Renew Talk of IMF Role -- Central Bank Loans to IMF as Last Resort
(DBN)

What the IMF should tell Europe
(DBN)

Saving the euro: Solutions vary nation by nation
(DBN)

Financials shaky as Europe officials meet
(DBN)

Euro Drops Amid Speculation Leaders Won't Agree on Crisis Steps
(DBN)

Hedge Fund Managers Give Policy Makers Poor Marks for Handling of Euro Crisis
(DBN)

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PIIGS:

Eurozone ministers OK $10.7 billion Greek loan
(DBN)

Citigroup makes gloomy forecasts for Greece
(DBN)

Ratings Firms Misread Signs of Greek Woes
(DBN)

Italy's borrowing costs hit a lifetime high of 7.89% -- At risk of insolvency -- Unemployment Blasts Higher -- Reportedly in Exploratory Talks With IMF for Aid
(DBN)

Roubini: Restructure Italian Debt
(DBN)

Seat PG asks bondholders for more time to pay coupon
(DBN)

Geronzi, Arpe Convicted in Parmalat-Related Case
(DBN)

Italy's moment of truth
(DBN)

Ireland Backs ECB 'Fire Power' To Solve Crisis
(DBN)

20 Banks That Will Get Crushed If The PIIGS Go Bust
(DBN)

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Germany:

German Unemployment Falls More Than Economists Forecast
(DBN)

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MENA:

Iranian Students Storm British Embassy in Tehran
(DBN)

______________

China:

China Cuts Banks' Required Reserves in Surprise Move
(DBN)

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Copyright 2011