October 19, 2011

The Daily Bankruptcy News

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Law:

Former Thelen partners object to bankruptcy settlement
(DBN)

Regulation: The Legal Economy’s Best Friend?
(DBN)

First-Year Lawyers and What They’re Worth
(DBN)

20% of Legal Departments Won’t Pay for Work by New Associates; Are Internships the Answer?
(DBN)

Corporate Counsel Spent More on Outside Counsel in 2011 and Expect Trend to Continue, Survey Says
(DBN)

Fulbright's Litigation Trends - A Lesson in Law Firm Magic
(DBN)

Business Litigation Costs Up, But Volume Down, Fulbright Survey Finds
(DBN)

Meet The Lawyers Keeping an Eye on Occupy Wall Street
(DBN)

Pillsbury Winthrop to Centralize Back-Office Functions; New Tenn. Facility Could Employ 150
(DBN)

O’Melveny Lays Off About 75 Staffers, Transfers Some Work to Outsourcing Firm
(DBN)

Is On-shore Outsourcing the Biglaw Wave of the Future?
(DBN)

Fannie and Freddie Will Let Mortgage Servicers Hire Own Attorneys
(DBN)

Top Partners to Work For – New York
(DBN)

Opting Out and Opting In—Cleary Style
(DBN)

US and UK Corporate Counsel See Less Litigation, More Regulation
(DBN)

BofA seeks to oust AIG law firm from $10 bln case
(DBN)

DOJ Plan to Close Offices Likely to Result in De Facto Layoffs of Career Antitrust Lawyers
(DBN)

In-house Counsel on All Sides Under Pressure on Solyndra Loan
(DBN)

Occupy Biglaw
(DBN)

Peter Mullen, Power at a Leading Law Firm , Dies at 83
(DBN)

Take Note Law Schools, the ABA Wants Your Stats!
(DBN)

Law Grads Rita and Gustave Hauser Give $40M to Harvard; Floyd Abrams Donates $3M to Yale
(DBN)

1Ls Hold Tryouts For Study Group Slots, Charge Application Fee
(DBN)

Phoenix Law’s Poor Bar Results Cause One Student to Ask For a Refund
(DBN)

Foreclosure Suit, Madoff, RBS, Barclays, AT&T in Court News
(DBN)

This Domineering Woman Apparently Can’t Take a Professional Spanking
(DBN)

Lawyer Sued Over Shooting by Elderly Client; Complaint Alleges He Should Have Warned Authorities
(DBN)

Baker Donelson Adds Bankruptcy Attorneys in Atlanta
(DBN)

Clifford Chance taps Sydney firm for Asia restructuring partner
(DBN)

Morris, Manning Names New Bankruptcy Partner
(DBN)

Feds, Libertarians Tussle over Skeevy Motel
(DBN)

Introducing…The Ironclad Prenup!
(DBN)

Lawyer Ticketed for Playing Justin Timberlake Too Loud Takes Fight to Fla. High Court
(DBN)

Man Busted For Licking Stranger’s Knee
(DBN)

Mug Shots
(DBN)

The Good Wife, "Feeding the Rat"
(DBN)

______________

Judges:

When Fairness and the Law Collide, One Jurist Is Troubled
(DBN)

Looking for a seat on the federal bench? Fuhgeddaboutit.
(DBN)

Scalia offers ruling: Deep dish v. thin crust?
(DBN)

Chief judges’ message: Shut up
(DBN)

______________

Wall Street:

US stock futures signal weaker Wall Street open
(DBN)

World Stocks Rise on Europe Debt Plan Hopes
(DBN)

US stocks carve out small gains
(DBN)

Goldman Loss Offers a Bad Omen for Wall Street
(DBN)

Occupy Wall Street's Inevitable Growing Pains
(DBN)

Latest developments in the 'Occupy' protests
(DBN)

The Abacus sign
(DBN)

Protesters get personal to embarrass city's titans
(DBN)

Can 'Occupy' protests last without leaders?
(DBN)

Occupy Chicago After Arrests: We Will Re-Occupy
(DBN)

Obama Says Wall Street Protests Similar to Tea Party Frustration
(DBN)

OWS is no Tea Party
(DBN)

Think-Tank Cautions Dems Against Seeking Support Of OWS
(DBN)

The corporate hijacking of Occupy Wall Street campaign
(DBN)

$30 Billion for Occupy Wall Street
(DBN)

Should we be Preoccupied with Occupy Wall Street?
(DBN)

Occupy Boston speaks out on Bernanke
(DBN)

Bernanke focuses on the technical as protesters demand action on unemployment
(DBN)

What Occupy Wall Street Owes to Zoning
(DBN)

If You Still Think Occupy Wall Street Is A 'Fringe' Movement, Check This Out
(DBN)

Three Reasons Why Occupy Wall Street Is Succeeding
(DBN)

They Wouldn't Occupy if They Had the Votes
(DBN)

Occupy Wall Street's Not Just About the Economy
(DBN)

White House Ex-Pay Czar: Economic Pressures Motivate Occupy Wall Street
(DBN)

Gallup: Most Americans Uncertain About 'Occupy'
(DBN)

Occupy Wall Street, Polled
(DBN)

Student loan debt: 'Occupy' movement's weakest talking point
(DBN)

Reason has no space in Occupy's debt relief
(DBN)

The one thing the Occupy Wall Street protesters don't want
(DBN)

The 12th Best Trader Of 2005 Is Occupy Wall Street's Biggest Financial Backer
(DBN)

And Now Jeff Immelt Has Sided With Occupy Wall Street
(DBN)

Why Income Inequality Is A Myth — And Occupy Wall Street Is Wrong
(DBN)

'Occupy' protesters cross lines
(DBN)

Why We Must Occupy With Purpose and Intention
(DBN)

For the Wall Street Protesters, Is the Answer Blowing in the Wind?
(DBN)

Chris Christie: I understand Occupy Wall Street
(DBN)

Occupy Canada movement reaches North
(DBN)

______________

Layoffs:

Are Employers Requiring People to Work Longer Hours ?
(DBN)

Since kicking illegal immigrants out of farm jobs, Alabama can't find Americans to fill them
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

Spending outlook more sober this holiday season
(DBN)

Neiman Marcus unveils extravagant holiday catalog
(DBN)

______________

Fraud:

Fair Finance estate might grow by $1 million
(DBN)

Access Seeks to Dismiss Madoff Trustee Suit, Cites Mets
(DBN)

______________

Finance:

Banks Start to Make More Loans
(DBN)

BofA Misses Out on Loan Growth Trend
(DBN)

______________

Lehman:

RBS Seeks to 'Strike' Lehman's $345 Million Payment Demand
(DBN)

Deutsche Bank's Lehman Claims
(DBN)

Deutsche Not Suffering from Buyer s Remorse on Lehman Claims
(DBN)

______________

Aviation:

Expectations too high on American Airlines pilot deal as bankruptcy concerns continue
(DBN)

Airlines Battle Back to Profit, a Fare and a Fee at a Time
(DBN)

______________

Health Care:

Judge Gives Indiana's Kentuckiana Medical Center One Month to End Bankruptcy
(DBN)

Campaign records may prove conflict of interest -- Creditors who are owed by BMC hospital management want more money for land deal
(DBN)

86% of Workers Obese or Have Other Health Issue
(DBN)

______________

Exemptions:

ATVs not exempt under bankruptcy law
(DBN)

______________

Resorts:

Spanish Peaks Owes Montana Counties Hundreds Of Thousands In Taxes
(DBN)

Sawgrass Owners Get Approval of Plan to Give Goldman Control
(DBN)

______________

Economy:

Pace of Demand Will Control Factory Outlook
(DBN)

US Wholesale Prices Jump
(DBN)

Bernanke Says Fed Seeks to Increase Clarity About Policy Goals
(DBN)

Undermining Bernanke Stirs Republicans Joining Fed Insiders
(DBN)

Fed Presidents Differ Over Central Bank's Ability to Generate More Growth
(DBN)

Lacker Says Fed's Attempts to Boost GDP Growth May Risk Stoking Inflation
(DBN)

Fisher: Fed Policy Giving Lawmakers Excuse to Avoid Hard Choices
(DBN)

Why Fed dissident Fisher opposes further action
(DBN)

Chairman Bernanke's "Urban Legend" About Deception and Corruption at the Fed
(DBN)

Global FDI slumps as debt crisis scares M &A away
(DBN)

The Top 1%: Executives, Doctors and Bankers
(DBN)

What Percent Are You?
(DBN)

Wall Street’s 1% Meets 2 Billion Seeking Answers
(DBN)

What's Behind the Lack of Confidence
(DBN)

US Misery Index Is At A 28-Year High
(DBN)

The government can longer use many of the bank rescue methods it used in '08
(DBN)

Conrad: US Collapse Predicted
(DBN)

Incomes and the Price of Civilization
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Fannie, Freddie to phase out attorney networks
(DBN)

Next Generation of Homeowners Are Freaked Out
(DBN)

Supply vs. Demand: Why Is Housing Hurting?
(DBN)

Gloom Grips Consumers, and It May Be Home Prices
(DBN)

30-Year Fixed Mortgage Rate Hits 4 Percent for the First Time in Seven Weeks
(DBN)

Big bank mortgage originations drop 24% from year earlier
(DBN)

Mortgage refinance doesn't belong in the settlement talks
(DBN)

Officials Working With Banks To Refinance Underwater Mortgages
(DBN)

The Sweep-It-Under-the-Rug Housing Plan
(DBN)

Foreclosure activity soars in third quarter, ending lengthy lull
(DBN)

California foreclosures 'a logistical nightmare'
(DBN)

California Mortgage Defaults Rise 26% as Banks Process Backlog
(DBN)

California Foreclosures Return With Vengeance
(DBN)

Shadow Inventory
(DBN)

Romney in Las Vegas: Don't stop the foreclosure process
(DBN)

Buyer of invalid foreclosure loses appeal to clear property title
(DBN)

Nemo Dat Trumps Bona Fide Purchaser
(DBN)

Top Mass. Court Offers Suit Options for Buyers of Property Won in Dubious Foreclosure Cases
(DBN)

Builder Confidence Rises
(DBN)

Cliffhanger for Southern California Builder
(DBN)

Moody's: CMBS delinquencies up to 9.36% in September
(DBN)

Office Leasing – Rebounding or Eroding?
(DBN)

REITs struggle to gain foothold in mortgage finance
(DBN)

_____________

Student Debt:

Student loan debt hits record levels
(DBN)

______________

Banking:

Bank of America Loses Title as Biggest in U.S.
(DBN)

BofA turns a profit - thanks to asset sales and wonky accounting
(DBN)

Bank of America's latest bailout bigger than ever
(DBN)

BofA’s $5 Debit Card Fee Is a Tax on the Disloyal
(DBN)

Bank: We'll Pay You To Use Our Debit Card
(DBN)

Brian Moynihan Totally Maybe Sticking With Profit Goal
(DBN)

BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit
(DBN)

Bank of America swings to $6.2bn profit, accounting gains
(DBN)

Pressures grow on US regional lenders
(DBN)

Goldman Sachs Posts Third-Quarter Loss
(DBN)

Goldman loss prompts questions over future
(DBN)

CDS hedging kept accounting gains from Goldman
(DBN)

Goldman Sachs Hedges Its Way to Less Volatile Earning
(DBN)

Goldman Shares Rise as Investors Look Past Quarterly Loss
(DBN)

Goldman Loss Means Cuts in Staff and Compensation
(DBN)

Time for Goldman Sachs shareholders to get real on bonuses
(DBN)

Big bonuses alive on Wall Street. Why?
(DBN)

Gawker Posts Goldman Sachs CEO's Cell Phone Number on Website
(DBN)

Big US banks hurt by struggling consumers
(DBN)

Citigroup's 'Bad Bank' Gets Smaller, Badder
(DBN)

______________

Mail:

Postage prices go up ... again
(DBN)

______________

Municipalities:

Harrisburg, Paris of my Youth, Hits the Skids
(DBN)

Pa. Senate passes Harrisburg takeover
(DBN)

Harrisburg on Verge of Losing Control of Finances After Vote
(DBN)

Mayor Thompson tries to hold on to power as state takeover of Harrisburg looms
(DBN)

Harrisburg City Council's to blame for pending state takeover, Mayor Thompson says
(DBN)

Pennsylvania Gets Low Rates as Harrisburg Defaults
(DBN)

A Distressed Municipality with a Plan: The City of Vallejo’s Plan of Adjustment
(DBN)

Gurley Could Go Bankrupt, Residents Sound Off
(DBN)

In Uncertain Times, Municipal Bonds Call for Caution
(DBN)

16 Signs That Your City Has Become A Hellhole
(DBN)

Emanuel Ends Cheap Water Era’s Drain on Chicago Finances as Pipes Burst
(DBN)

______________

Baseball:

Dodgers bankruptcy not about hot dog stands, creditors say
(DBN)

McCourt Divorce Settlement: 'They Are A United Front'
(DBN)

Frank McCourt retains control of Dodgers — for now — following divorce settlement
(DBN)

Settlement sets up another court fight
(DBN)

Frankly, McCourt, It's Time to Sell the Dodgers
(DBN)

______________

Agriculture:

Farmers Facing Loss of Subsidy May Get New One
(DBN)

______________

Celebs:

Prominent chef declares bankruptcy
(DBN)

Bankrupt Palmeiro seeks time to sell real estate to pay creditors
(DBN)

Red Red Ink
(DBN)

Lindsay Lohan Allegedly a No-Show for Coroner’s Office Community Service; Prosecutors Seek Jail Time
(DBN)

______________

Education:

Parent files criminal complaint against defunct school
(DBN)

______________

Museums:

An offer not refused
(DBN)

______________

Bankruptcy Crimes:

Bel-Air man sentenced to 70 months for bankruptcy fraud
(DBN)

______________

Defaults:

U.S. high yield default rate remains low
(DBN)

______________

Accounting:

Auditor Changes Rare Among Large Companies
(DBN)

______________

Hedge Funds:

Long/Short Equity Hedge Fund Managers Are In Experiencing The Worst Drawdowns In 20 Years As Of The End Of September
(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:

Lehman, Harrisburg, Madoff, Dodgers, Real Mex
(DBN)

Rochelle on Lehman and Northwest Airlines Bankruptcies
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Venue:

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

______________

CDOs:

CDO Holders at Risk: New Jersey Bankruptcy Court Declines to Dismiss CDO Issuer's Involuntary Chapter 11 Case
(DBN)

______________

Politics:

Elizabeth Warren Builds Small Donor Army, Pulls In Big Liberal Donors ‎
(DBN)

Rival attacks Elizabeth Warren
(DBN)

Candidate's Fighting Words Draw G.O.P.'s Fire
(DBN)

Wall Street withholds Dem contributions
(DBN)

Obama criticizes Cain's 9-9-9 tax plan
(DBN)

Why Wall Street Hates Obama
(DBN)

Herman Cain: The Federal Reserve Years
(DBN)

Gloves come off, candidates go all out in Las Vegas debate
(DBN)

Candidates Duck Housing Debate in Las Vegas
(DBN)

Debates have had consequences this time around
(DBN)

5 things we learned from the debate
(DBN)

GOP debate: Nothing personal? Hardly
(DBN)

Romney-Perry 'bad blood' highlights
(DBN)

A Fierce Clash for Romney and Perry as Republican Candidates Debate
(DBN)

Do or die for Perry?
(DBN)

Ron Paul's Crazy Plan to Destroy the Economy
(DBN)

______________

Mass Torts:

Deepwater a warning for junior partners
(DBN)

Anadarko relief puts focus on Dudley's review
(DBN)

BP's Limited Legal Relief
(DBN)

BP Searches for a More Settled Existence
(DBN)

______________

Food/Beverage:

Restaurateur With Shady Past Files for Bankruptcy
(DBN)

Why The Demise of Friendly's Is Bad For America
(DBN)

______________

Solar:

Solyndra: $1.2 billion in contracts undercut by China
(DBN)

Solyndra and the IRS
(DBN)

Solyndra Investor's U.S. Tax Status Faulted by Senate's Grassley
(DBN)

Sen. Sessions Proposes 'The Solyndra Rule'
(DBN)

A Crowded Line for Solyndra
(DBN)

Solyndra's shadow lasting
(DBN)

Left sees Solyndra coverage and asks Where's Keystone
(DBN)

The Culture Wars Are Everywhere
(DBN)

How Bright Is Solar Power's Future in a Post- Solyndra America?
(DBN)

______________

Tax:

IRS Cuts: Good News for Deadbeats?
(DBN)

Steve Jobs $7B Estate Not Likely to Owe Taxes
(DBN)

______________

Corporate Reform:

37 AGs want Richard Cordray to lead CFPB
(DBN)

Reject the trial-lawyer czar
(DBN)

CFTC backs off on regulating 'systemically key' clearinghouses
(DBN)

Court fight likely ahead for new U.S. futures limits
(DBN)

Oil Speculation Limits Draw Fire
(DBN)

Speculators Rule Too Little and Too Late
(DBN)

______________

Debt Collection:

Petition for a Writ of Certiorari in Law Offices of Mitchell N. Kay, P.C. v. Lesher
(DBN)

______________

Sovereigns:

The Price of Argentina's Default
(DBN)

______________

UK:

Bank mulled larger QE stimulus, unanimous on £75 billion
(DBN)

Bank Of England Governor Defends QE, Says UK Recovery Off-Track
(DBN)

Old keep family homes at expense of young
(DBN)

Debt collectors target Facebook
(DBN)

Half of Scots run out of money before pay day, finds study
(DBN)

______________

EU:

Ghost of Lehman Brothers haunts European politicians and bankers
(DBN)

Debt warning unnerves France
(DBN)

French warning to euro summit
(DBN)

French vs. German Credit Risk
(DBN)

France And Germany Are Saying Completely Different Things About What's Going On Right Now
(DBN)

Europe's bankers resisting bigger debt losses
(DBN)

EU raids banks, suspects interest-rate cartel
(DBN)

Euribor says confident in benchmark despite EU raids
(DBN)

Countdown to Euroday Oct 23rd: Another wild day
(DBN)

Eastern Europe Faces Bleak Outlook
(DBN)

______________

PIIGS:

Strike shuts down Greece before austerity vote
(DBN)

Greek garbage becomes protest tool
(DBN)

Athens braced for 'mother of all strikes'
(DBN)

Greek union warns of austerity "death spiral"
(DBN)

Papandreou Presses Austerity Amid Strikes
(DBN)

ND leader says there is no consensus
(DBN)

Gov't U-turn over release of debtors list
(DBN)

Greece's $473 Billion Debt Mirrors Crisis in Cultural Assets
(DBN)

Eurozone Members Push For Tougher Policing Of Greece
(DBN)

Moody's cuts Spain's rating by two notches
(DBN)

ie: Mortgage holiday may be offered
(DBN)

S&P downgrades 24 Italian banks, financial firms
(DBN)

______________

China:

China Economy Grows Least in 2 Years as Europe Demand Cools
(DBN)

Slower Chinese GDP growth adds to financial risk
(DBN)

More Chinese cities see slower property price increases in September
(DBN)

China Could Face 2012 Trade Deficit That Threatens Social Stability And 70% Of Jobs
(DBN)

Cosmic Convergence? China Growth and U.S. Unemployment Rates Coincide
(DBN)

______________

MENA:

S&P downgrades Egypt a notch on political pressure
(DBN)

Dubai's Drydocks Faces Suit Amid $2.2 Billion Debt Restructuring
(DBN)

______________

Mexico:

Grupo Mexico Ordered to Pay $1.3 Billion to Southern Copper
(DBN)

______________

Korea:

S Korea's corporate corporate bankruptcies fall in Sept ‎
(DBN)

Is Household Debt Surging Beyond Control?
(DBN)

______________

Transylvania:

More reorganization and fewer bankruptcies in 2012
(DBN)

______________

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Copyright 2011