October 18, 2011

The Daily Bankruptcy News

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Law:

DLA Piper Loses Restructuring Specialist Jeffrey Schwartz to Brown Rudnick
(DBN)

First-Year Associates: Are They Worth It?
(DBN)

Clients Won’t Pay For What Law Schools Churn Out
(DBN)

Globalization slows profit growth for many law firms
(DBN)

Internal Probes Increase While Litigation Declines, Study Shows
(DBN)

Client to Client Negotiations: Ethics Opinion Clarifies Lawyers’ Roles
(DBN)

TLR: A Manager’s Manager, And A Lawyer Too
(DBN)

K&L Gates Adds Bankruptcy Partner (scroll down)
(DBN)

Lawyer for New York Law School Says Misleading-Stats Suit Is Baseless and Part of a Crusade
(DBN)

Career Services Official Admits Finding Jobs For Students Is Not Her Job
(DBN)

ABA Legal Ed Section to Draft a Standard Specifying Penalties for Schools That Misrepresent Data
(DBN)

A New Board Game for Law Students
(DBN)

There’s a New Brand of Law Student
(DBN)

I never offered this to a client. No outside law firm ever before offered this to me.
(DBN)

The Clueless Generation, Occupy Wall Street, and the law school crisis
(DBN)

Attorney attends bankruptcy seminar
(DBN)

"Legal Cowboy" Wins Showdowns with Banks
(DBN)

Michael Theodore Pines' Psychiatric Evaluation Gets in Way of Criminal Sentencing for Attorney Who Claims Home Foreclosures are Illegal
(DBN)

Facebook Claimant Told Lawyers Not to Comply With Order in Ownership Fight
(DBN)

Facebook Ownership Claimant Ceglia Loses His Third Legal Team
(DBN)

Facebook, Madoff, Royal Dutch Shell, Altria in Court News
(DBN)

Alabama Immigration, Harrisburg, Kodak, United in Court News
(DBN)

Lawyer’s Old Case Files End Up in Recycling Bin at Newspaper Offices
(DBN)

Retired Lawyers Make Good Pretend Patients for Med Students
(DBN)

Ex-President of Ohio State Bar Is Cooperating with Feds in Tax Fraud Case
(DBN)

Law Students, Get Thee to a Patent Law Class
(DBN)

Scrabble player demands strip search of opponent after letter 'G' goes missing
(DBN)

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Judges:

Justices Don't Communicate by Email, Kagan Says
(DBN)

Help Wanted: Case Delays Likely to Grow with Deaths of Five 9th Circuit Judges This Year
(DBN)

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Wall Street:

US Stock Futures Little Changed Before Goldman Sachs Earnings
(DBN)

US Stocks: Stocks Drop 2% Amid Euro Zone Concerns
(DBN)

Stocks plunging after German debt comments
(DBN)

Pay and Bonuses Expected to be Slashed at Goldman
(DBN)

'Occupy' activists -- change bankruptcy laws
(DBN)

Occupy Wall Street Aims Ire at Foreclosures
(DBN)

Rediscovering Civil Disobedience
(DBN)

Glenn Beck: Occupy Wall St. Communist Plot
(DBN)

OWS's Brilliant Legal Move: Arrested may demand trials
(DBN)

Arrested at Occupy Wall Street? There's an App for That
(DBN)

Occupy Wall Street Protest Backed by New Yorkers 3-1, Poll Finds
(DBN)

What the Occupy protests can do next
(DBN)

Corporate leaders say they understand protests
(DBN)

Rose Gudiel and the Spirit of Occupy Wall Street
(DBN)

Occupy Wall Street's Lessons on Messaging and Crisis Management
(DBN)

How Occupy Wall Street can really change banks
(DBN)

Why Occupy Wall Street Is Bigger Than Left vs. Right
(DBN)

Bloomberg Says He Seeks Balance Between Right to Protest and 'Right to Silence'
(DBN - NY Times - Paywall Limit Possible)

Occupy Wall Street protesters in Zuccotti Park celebrate one-month anniversary
(DBN)

So What Do the Occupy Wall Streeters Really Want?
(DBN)

Occupy Wall Street: Faces Of The Protesters
(DBN)

Occupy protesters close BofA accounts
(DBN)

Occupy protests around the world: full list visualized
(DBN)

Occupy London protesters dig in with tents, large pots of soup
(DBN)

Occupy Grand Forks? Occupy Scranton? Occupy Wall Street Goes Nationwide
(DBN)

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Layoffs:

Lowe's will close 20 stores, cut 1,950 jobs, plans to open fewer stores
(DBN)

Democrats unveil scaled-back jobs bill
(DBN)

Obama's new jobs plan puts pressure on critics
(DBN)

Obama to GOP: Rolling back Wall Street reform is not a `jobs plan'
(DBN)

Cuomo: No more talks, layoff language is what it is
(DBN)

Ex-Wall Street Brokers Driving Cabs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Consultants:

Miller Buckfire Plans to Name Golub Its Chairman
(DBN)

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Corporate Reform:

Repealing Dodd-Frank Would Put the Economy in Danger
(DBN)

_____________

Energy:

Dynegy Bankruptcy May Appeal More Than Swap
(DBN)

______________

Photography:

Kodak Licenses Movie-Projection Patents to Imax in Bid to Meet Cash Needs
(DBN)

______________

Newspapers:

Gannett Shares Tumble as Third-Quarter Profit Falls on Drop in Ad Revenue
(DBN)

Layoffs accelerating as economy stalls ‎
(DBN)

______________

Skiing:

Western Md. ski hill owners file for bankruptcy
(DBN)

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Music:

UB40 Declared Bankrupt Despite Countless Chart Hits
(DBN)

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Hotels:

Goldman Sachs denies Las Vegas Hilton foreclosure aimed at helping Stratosphere
(DBN)

Special servicers speak up, albeit quietly
(DBN)

______________

Mail:

Observers Say Progress Made on Postal Service Rescue
(DBN)

Postal union hires big guns to save service
(DBN)

______________

Solar:

Solyndra Judge Denies Request for Trustee to Run Bankruptcy
(DBN)

Solar After Solyndra
(DBN)

Are there better ways to invest in solar than Solyndra ?
(DBN)

The right lessons from Solyndra
(DBN)

Calif. green tax breaks in question
(DBN)

Texas May End Up Leading in Solar Power
(DBN)

What Solyndra case says about White House policy
(DBN)

The GOP Loves the Federal Spending It Hates
(DBN)

Solyndra Looks for Insolvency Specialist for New CEO
(DBN)

______________

Celebs:

Tom Martino files motion against creditor bank
(DBN)

Chris Tucker Jokes About $11.5 Million IRS Debt
(DBN)

______________

Corporate Governance:

Delaware Chancery Court Enters $1.263 Billion Shareholders' Derivative Suit Award
(DBN)

______________

Economy:

Forbes: Obama Should Have Saved Middle Class
(DBN)

How Housing Destroyed the Recovery
(DBN)

Manufacturing Slows Again in NY Region
(DBN)

Deloitte index shows lower wages, higher energy costs derail consumer spending
(DBN)

Central Banks Sell Most U.S. Bonds Since 2007
(DBN)

Immelt: Restoring Confidence Key to Recovery
(DBN)

IMF resources adequate: Lagarde
(DBN)

Treasuries Rise Second Day as French Concern Fuels Bid for Haven
(DBN)

Senate Democrats to Push $35 Billion for Teachers, Police
(DBN)

Poll: Washington to blame more than Wall Street
(DBN)

NY millionaire tax gets a push from poll, Occupy Wall St.
(DBN)

Cuomo: NY "Millionaire's Tax" Still On Deathbed
(DBN)

To Renew US, Build New Infrastructure
(DBN)

Budget dilemma as taxes on rich expire
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

REO sales may not peak until 2013
(DBN)

NC court weighs if foreclosure needs original docs
(DBN)

It's Time To Finalize The Robo-Signing Settlement
(DBN)

Why Are We Punishing Ourselves? Thoughts on the Foreclosure "Settlement"
(DBN)

Credit Suisse sued by Assured over mortgage losses
(DBN)

Florida Attorney Sounds Alarm On Bankruptcy Practice
(DBN)

Citi CEO cites mortgage threat to banks
(DBN)

Different mortgage types default at different times
(DBN)

Buyer of Foreclosed Homes in Financial Pinch
(DBN)

Improvement in US mortgage delinquencies ends
(DBN)

Detroit home sales rise 8.2% in September
(DBN)

Housing Recovery At Various Stages Around The U.S.
(DBN)
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Republican presidential candidates head to foreclosure land
(DBN)

Bachus proposes raising g-fees, slashing foreclosure programs
(DBN)

Rewritten mortgages coming at rising cost
(DBN)

No credit? No problem in unconventional real estate market
(DBN)

Activists plan to block eviction
(DBN)

Low Appraisals Blamed for Scuttling Real Estate Deals
(DBN)

Crackdown on Florida timeshare fraud causes rift
(DBN)

General Growth Sells Non-Core Assets
(DBN)

CRE: Preparing for the Next Liquidity Crunch
(DBN)

_____________

Politics:

Mass. GOP, Warren spar over 'hick vote' comment
(DBN)

Two-thirds of Republicans say minds are not made up
(DBN)

Cain 43%, Obama 41%
(DBN)

Ron Paul to propose $1 trillion in cuts
(DBN)

...Call for elimination of Cabinet agencies
(DBN)

______________

Banking:

U.S. Banks Fall as Wells Fargo, Citi Say Revenue Slumped
(DBN)

Fed Approves Final Rule on Banks’ ‘Living Will’ Wind-down Plans
(DBN)

Wells mortgage originations up 39% in third quarter
(DBN)

Banks Eager to Buy Back Trust Preferred Shares
(DBN)

Layoffs Happening Now At Credit Suisse's Zurich Headquarters ‎
(DBN)

Dexia in the doldrums as rescue is probed
(DBN)

______________

Oil/Gas:

Oil prices fall with Europe debt plan elusive
(DBN)

______________

Aviation:

Shares of American Airlines parent AMR fall again
(DBN)

AMR Trading Halted as Shares Fall 11%
(DBN)

______________

Municipalities:

Bankruptcy judge delays action on Harrisburg for one month
(DBN)

Harrisburg Bankruptcy Legality to Be Argued Nov. 23 in Court
(DBN)

Harrisburg Bankruptcy May Be Dismissed on Legal Challenges
(DBN)

Slowdown and showdown in Harrisburg
(DBN)

Pennsylvania's hapless capital
(DBN)

A number of dilemmas surround Harrisburg's bankruptcy filing
(DBN)

The Harrisburg Miasma = Pennsylvania's Miasma
(DBN)

State Takeover Of Harrisburg Could Happen By End Of Week
(DBN)

Harrisburg Mayor Thompson on bankruptcy filing
(DBN)

Alabama County's Effort To Avert Bankruptcy In Peril
(DBN)

Moody's: California's Revenue Shortfall Credit Negative
(DBN)

CA: A Mass Exodus Would Aid Recovery
(DBN)

Schools Insolvency Explained
(DBN)

Detroit struggles to keep lights on
(DBN)

Packs Of Wild Dogs Terrorizing St. Louis, Parents Walking Kids To School With Golf Clubs
(DBN)

______________

Fraud:

Madoff Feeder Fund Investors Seek Customer Status
(DBN)

U.S. District Judge May Review 30 Madoff Trustee Suits
(DBN)

Bernie Madoff's daughter-in-law, Stephanie Madoff-Mack, blames Ponzi king for suicide of her husband - 'I'd Spit in His Face'
(DBN)

Rothstein trustee sues Miami Heat for $156000
(DBN)

Rothstein suits, sofas, shoes raise $262,000
(DBN)

A year in the incarcerated life of Denny Hecker
(DBN)

Goldman's Tourre denied partial appeal in SEC case
(DBN)

Chiesi s New Prison Home More Camp Cupcake Than Chained Heat
(DBN)

______________

Accounting:

Ex-Deloitte Partner’s Wife Settles SEC Case for $1 Million
(DBN)

Oversight board faults Deloitte audits
(DBN)

______________

Baseball:

McCourts Strike Divorce Settlement But Dodgers Still in Limbo
(DBN)

McCourt to pay ex-wife $130M for control of Dodgers
(DBN)

______________

Religion:

Scandal and the Vatican: Let's Not Talk About Kansas City
(DBN)

Charge against American bishop unprecedented in abuse suits
(DBN)

______________

Resorts:

In Western Maryland, Wisp Resort's fortunes have gone downhill
(DBN)

______________

Golf:

Trintas Files $12 Million Bankruptcy Suit Against County
(DBN)

Golf course decision in judge's hands
(DBN)

______________

Health Care:

Private hospital gets date for plan to end bankruptcy
(DBN)

Americans Cutting Back to Pay Health Bills
(DBN)

Drugs May Extend Lives to 150 Years
(DBN)

The aftermath of hospital bankruptcy
(DBN)

DC, Specialty in settlement talks over foreclosure
(DBN)

Health problems rise with foreclosure rates
(DBN)

______________

Hockey:

Devils’ lenders on the horns of a dilemma
(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:

Lehman, Harrisburg, Madoff, Real Mex, Wisp Resort
(DBN)

Harrisburg, Madoff, Hussey, Graceway, Alabama Air
(DBN)

Rochelle on Harrisburg Facing Dismissal, WaMu Bankruptcy
(DBN)

______________

Venue:

Delaware Status as Bankruptcy Capital May End With Proposed Law
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy filings drop 12% in Durham & Orange
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Pensions:

Court of Appeal Confirms Financial Support Directions Issued in Insolvency have Super Priority
(DBN)

Retirement Heist; Evidence of Stolen Pensions
(DBN)

_____________

Insurance:

Workers’ Comp Sales Decline 11% as Liberty Mutual, AIG Face ‘Grim’ Market
(DBN)

D&O Insurance Does Not Cover Office Depot's Informal SEC Investigation Expenses
(DBN)

______________

Turnarounds:

Alvarez & Marsal Honored with Turnaround Management Association’s Turnaround of the Year Award
(DBN)

______________

Food/Beverage:

Fast Food: +4% - Full Service: -9%
(DBN)

Harry & David continues to struggle after bankruptcy
(DBN)

______________

Biotech:

Ocimum Biosolutions Files for Bankruptcy
(DBN)

______________

Lehman:

Lehman Italian Real Estate May Reap $160 Million Gain
(DBN)

Lehman Trustee Says RBS Must Pay For Termination Of Old Swaps
(DBN)

Fuld Leads Ex-Lehman Officials in Defending Insurance Use
(DBN)

______________

Retailing:

Last gasp for Sears
(DBN)

______________

Debt Collection:

Lawsuits Against Collection Agencies, Creditors Spike
(DBN)

Former head of Erie's Unicredit cites Fifth Amendment
(DBN)

______________

Mass Torts:

BP to end payments to oil spill fund early
(DBN)

______________

Distressed Investing:

Sankaty sees distressed debt promise in Europe's pain ‎
(DBN)

Risky business: Buying shares in a bankrupt company
(DBN)

_______________

Commodities:

CFTC heads for showdown with industry in court
(DBN)

US to crack down on commodity traders; will it stick?
(DBN)

______________

Museums:

Mob Experience at Tropicana files for bankruptcy
(DBN)

Story of embattled Mob Experience fit for 'The Sopranos'
(DBN)

______________

Autos:

House committee will hold hearing in Dayton on plight of Delphi’s retirees
(DBN)

______________

Sovereigns:

Investment Treaty Protection for State Defaults on Sovereign Bonds - The Broader Implications of Abaclat et al. v. The Argentine Republic
(DBN)

______________

UK:

Sharp rise in financially distressed firms
(DBN)

70% Will Use Credit to Pay Gas, Electric
(DBN)

UK Economy Halts on EU Crisis
(DBN)

Winding Up Petitions - 17 October 2011
(DBN)

Euro meltdown would pave the way for another Great Depression
(DBN)

Government gets previous on pre-packs
(DBN)

______________

EU:

Failed Banks' Bondholders May Share Future Gains Under EU Plans
(DBN)

Euro Leaders' Crash Crisis Campaign Bogs Down
(DBN)

Europe Nearly Out of Time to Stop Crisis
(DBN)

Berlin tempers summit hopes, banks under pressure
(DBN)

Pressure grows for 'more Europe'
(DBN)

Euro Drops as Germany Sees No Quick Resolution to Debt Crisis
(DBN)

Wanted in Europe: Bigger bailouts
(DBN)

______________

PIIGS:

Greece heads for standstill before austerity vote
(DBN)

It's All Greek To Me
(DBN)

Greek debt to need more restructuring
(DBN)

Let Greece Default
(DBN)

Roubini Says Greek Default May Spark Lehman-Magnitude Shock
(DBN)

Greek austerity plans threaten growth
(DBN)

Fear of future is driving Greeks back to the land
(DBN)

Greece, Lehman and the politics of Too Big To Fail
(DBN)

Bondholders warn on Greek deal
(DBN)

Ex-Anglo Irish CEO Drumm’s Cape Cod Home to Be Sold for $3.9 Million
(DBN)

S&P Lowers Rating of Madrid, Barcelona Debt
(DBN)

Well-thought-out personal insolvency scheme urgently needed
(DBN)

Italy and Spain need 'bazooka' to avoid insolvency
(DBN)

______________

Canada:

Europe's dithering threatens Canada
(DBN)

Sharia Banking Goes Bankrupt
(DBN)

Please Release Me, Let Me Go: Directors’ Protection Under the CCAA Explored
(DBN)

______________

France:

France Risks Losing Top Grade as EFSF Bailout Fund Bulks Up
(DBN)

______________

Germany:

German Investor Confidence Fell to Three-Year Low in October
(DBN)

______________

Australia:

Default Swaps Fall Most Since 2009 ‎
(DBN)

Creditors turn gaze to betting regulator
(DBN)

Bankruptcies lowest in five years
(DBN)

______________

Chile:

Polar: on the brink?
(DBN)

______________

Japan:

Japan Property Bankruptcies to Rise in 2012
(DBN)

Tepco to Ask Government for $9.1 Billion for Fukushima Payout
(DBN)

______________

MENA:

Mubarak's Sons Have $340M in Swiss Banks
(DBN)

______________

 

 

 

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Copyright 2011