October 25, 2011

The Daily Bankruptcy News

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Law:

What’s Going on at McDermott Will & Emery?
(DBN)

Tunisia Hires Ace To Track Down Ben Ali’s Assets
(DBN)

Swiss Banks, Goldman, Standard Bank, BofA in Court News
(DBN)

Weil Provided Counsel on $2 Billion Olympus Deal at Heart of Growing Scandal
(DBN)

The Hours Survey Results: Y’All Been Working Really Hard
(DBN)

In Maples Case, Associates Get the Blame
(DBN)

Bad News for Former Biglaw Partners on the West Coast
(DBN)

Judge Orders Ex-Partner's Discrimination Suit Against Irell Sent to Arbitration
(DBN)

ACC Surveys CLOs on Hiring, Headaches, and Happiness
(DBN)

In-House Communications Cited as Biggest Headache for Chief Legal Officers
(DBN)

Lehman Paid $35.2 Million in Fees to Advisers in September
(DBN)

Madoff, MBIA, Banco Espirito, McKinsey, Lehman in Court News
(DBN)

The Value in Value Billing for Law Firms
(DBN)

Anatomy of a Lateral Move
(DBN)

iCloud PhotoStream Considerations for Lawyers
(DBN)

One-year suspension for real-estate lawyer who dodged taxes
(DBN)

Baker Donelson Plants Flag in Texas with Acquisition of 7-Attorney Spain Chambers
(DBN)

U.S. can be top dog again by mid decade: What about legal sector
(DBN)

Lawyer Suspended for Slapping in Deposition
(DBN)

Lawyer Fined for Picking Euro Trip Instead of Trial
(DBN)

How are attorneys responsible for John Bujak’s troubles?
(DBN)

Loyola Law – L.A. Tries to Placate Disgruntled Recent Graduates
(DBN)

Another barrier to law school: an unsavory digital trail
(DBN)

Georgia State Law Students Poke a Little Fun at Their Classmates
(DBN)

Simple Request for Public Officials' Salaries Got Him Fired, Bank VP Says
(DBN)

Not One Legal Secretary Surveyed Preferred Working with Women Partners; Prof Offers Reasons Why
(DBN)

Why Legal Secretaries Hate Women Lawyers
(DBN)

Wealthy lawyer accused of refusing to pay for daughter's hearing aids... while buying $215,000 ring for his Playboy bunny fiance
(DBN)

NY Lawyer Who Killed Self, Wife and 2 Kids Bought Shotgun 6 Months Earlier; Was Crime Spree Planned?
(DBN)

On jury duty? Careful what you tweet
(DBN)

Teamsters, Lawyers Square Off in Mexican Truck Debate - "You're better off having an employed lawyer than an employed trucker" :)
(DBN)

Fugitive Ex-Lawyer Accused of Client Thefts in 2008 Is Arrested While Hitchhiking
(DBN)

5 Criminals Who Pulled Off Major Crimes With Only a Phone
(DBN)

Woman Furious After Police Trash House Looking For Suspect, Then Leave...
(DBN)

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Judges:

GOP Contenders Campaign Against the Federal Judiciary; One Candidate Wants to Ax the 9th Circuit
(DBN)

GOP Campaign Proposals Seek To Knock Judges Down a Peg
(DBN)

More than Half of Federal Appeals Judges Traveled on Sponsored Trips; One Was Olympics Arbitrator
(DBN)

"Since you seem to be rendering justice in the dark, you don’t seem to need your law library, either”
(DBN)

Republicans Turn Judicial Power Into Campaign Issue
(DBN)

Office space: Judge Richard Posner
(DBN)

Court Tells Users They Can't Use RECAP
(DBN)

Power Outage Puts Broward Courts, Lawyers Back in Pre-Computer ‘Stone Age’
(DBN)

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Wall Street:

US Stock -Index Futures Are Little Changed
(DBN)

Investors jittery as euro debt summit approaches
(DBN)

Stocks Jump on M&A Activity, Earnings News
(DBN)

Occupy Wall Street puts spotlight on police stop-and-frisk tactics
(DBN)

Wall Street protest plans global rally ahead of G20
(DBN)

There But for Fortune: What the One Percent Fail to Understand
(DBN)

Occupy Wall Street Becoming A Tent City
(DBN)

Will Occupy Wall Street alienate the middle of the country? It hasn't yet.
(DBN)

Wall Street discontent high but Occupy Wall Street largely unknown
(DBN)

New York D.A. declines to drop charges against Wall Street protesters
(DBN)

Real Grievances Fuel Occupy Wall Street Protests
(DBN)

Occupy Wall Street Is A Boon For Republicans
(DBN)

Adbusters Calls For Occupy Wall Street To Demand G20 Impose 'Robin Hood' Tax
(DBN)

Occupational hazard
(DBN)

Protests Present Dilemma for Democrats
(DBN)

Police, Wall Street protesters fall into uneasy truce
(DBN)

The Mayor's Migraine: The Wall Street Protests
(DBN)

Occupy Wall Street: Most agree with dim view of financial sector poll says
(DBN)

Public Divided Over Occupy Wall Street Movement
(DBN)

Occupy Dallas protesters arrested outside Chase Tower
(DBN)

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Layoffs:

Texas jobless rate nearly doubles since 2007, report says
(DBN)

GOP in Congress in Quandary on Jobs
(DBN)

Earn $2,000 a night
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Bankruptcy lawyer: National unions may block CF pension deal
(DBN)

Judges Upholds Decision to Void Former Central Falls Police Chief's Contract
(DBN)

Gov. Corbett launches state takeover of Pa. capital, declares fiscal emergency
(DBN)

Insurer, bond trustees still pushing Harrisburg incinerator debt suit despite city bankruptcy filing
(DBN)

Debts of U.S. states over $4 trillion
(DBN)

The 10 Most Debt-Ridden States In America
(DBN)

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Lehman:

JPMorgan Seeks to Seal Data in $6 Billion Fight With Lehman
(DBN)

Lehman brokerage has spent $642M to liquidate
(DBN)

Lehman, SunCal End Bankruptcy Fight Over California Projects
(DBN)

______________

Baseball:

Dodgers bankruptcy : Creditors ask judge to deny TV rights sale
(DBN)

Dodgers try lowering season-ticket prices to lure fans back - Fan Perspective - Two season ticket holders to join creditors' committee
(DBN)

MLB accuses Frank McCourt of 'looting' $189 million from Dodgers
(DBN)

Dodgers to bankruptcy judge: Six more months, please
(DBN)

Dodgers Lawyers Suing Bryan Stow Beating Suspects
(DBN)

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Hockey:

No other bidders for Stars
(DBN)

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Volleyball:

AVP Hosts First Tournament After Leaving Chapter 11
(DBN)

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Hotels:

Fighting Over John Paulson's Plans for Bankrupt Hotels
(DBN)

The Hotel Issue
(DBN)

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Small Business:

The unhelpful lionization of small business
(DBN)

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Compensation:

Why America's Highest Paid CEOs Are Insanely Overpaid
(DBN)

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Aviation:

Dubrovnik Airline out of business?
(DBN)

"Guess they discovered a 'personal item' in my bag"
(DBN)

______________

Economy:

Vatican Calls for New World Economic Order - Crackdown on financial markets - Condemns collective greed
(DBN)

Fed's Dudley Sees Need to Remove 'Impediments' to Stimulus
(DBN)

QE3 among Fed's remaining bullets, Dudley says
(DBN)

Dudley: Fed Policy Helps, but Central Bank Alone Can't Fix Economy
(DBN)

Economists Predict Scant Growth in 2011
(DBN)

It'll Be a Grinch's Holiday Season When the US Credit Rating Gets Downgraded Again
(DBN)

World Power Swings Back to America
(DBN)

Risk on the rise as political leaders give in to mob rule
(DBN)

How Congress and federal employees are living the high life at our expense
(DBN)

David Frum: It's Time We Republicans Finally Admitted That Paul Krugman Might Be Right
(DBN)

Roubini: Ignore the data, there's still a 50% chance of recession
(DBN)

The 147 Companies That Control Everything
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Judge narrows mortgage-backed security claims against Washington Mutual
(DBN)

Goldman Sachs sued by real estate lender Capmark, conflicts alleged
(DBN)

Researchers say Ibanez case is about laymen's rights, not default
(DBN)

HUD: Robo-signing settlement to accelerate principal reductions
(DBN)

House Republican to unveil housing reform sans Fannie, Freddie
(DBN)

Troubled homeowners get a lifeline
(DBN)

Obama to unveil help for homeowners - Will not require Congressional approval - 'We Can't Wait' for Congress
(DBN)

Obama Touts Plan to ‘Help Responsible Homeowners Refinance’
(DBN)

Barofsky Doubts HARP Expansion Will Aid Housing Market
(DBN)

Obama’s pathetic refinancing initiative
(DBN)

Everything You Need To Know About Obama's New Housing Program, And Why It Could Actually Work
(DBN)

Moral blind spots in Obama mortgage refinancing scheme
(DBN)

Expansion of Mortgage Program Is Limited in Scope
(DBN)

FHFA mortgage refi boost expected to be modest
(DBN)

Obama stresses refi plan won't 'solve all problems'
(DBN)

Obama's Refinance Plan is a Lifeline Everyone Should Grab
(DBN)

Obama's Mortgage Refinancing Effort: This Time It's Different
(DBN)

Obama Refi Plan is Not Housing Stimulus
(DBN)

On the Administration’s Latest Potemkin Help Struggling Homeowners Plan
(DBN)

Administration’s mortgage-refi plan could aid 1 million people, but many others won’t benefit
(DBN)

Fed Wants to Ensure U.S. Housing Affordability, Dudley Says
(DBN)

Fed could target housing to help economy: Dudley
(DBN)

Ruling From MA's Highest Court Puts Thousands Of Foreclosure Sales into Question
(DBN)

Mastro associate appeals bankruptcy ruling on mansion
(DBN)

EpiCentre lenders sue developers, say books were altered
(DBN)

EpiCentre court documents: Lincoln Harris was asked to make lease contract 'disappear'
(DBN)

California housing starts up 10% on multifamily strength
(DBN)

Moody's: Commercial Real Estate Prices increased 2.4% in August
(DBN)

Property Managers Have Panic in Their Eyes
(DBN)

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Newspapers:

Trib bankruptcy near end?
(DBN)

Who Got Rich From Strangling Newspapers?
(DBN)

______________

Television:

Netflix Subscriber Losses Worse Than Forecast
(DBN)

How Netflix Lost 800,000 Members, and Good Will
(DBN)

Netflix Broke This Cardinal Rule, Now Pays The Price
(DBN)

Why The Netflix Death Spiral Is Imminent
(DBN)

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Politics:

Who's Afraid of Elizabeth Warren?
(DBN)

Warren and Empiricism
(DBN)

Swing voters respond better to '99 percent' than 'Occupy Wall Street'
(DBN)

The Republican Idea of Tax Reform
(DBN)

Romney And Perry Are Making Things Very Easy For Obama With Their "Cut Taxes For The Rich" Tax Plans
(DBN)

How Would Herman Cain's 9-9-9 Plan Impact Mortgage Banking?
(DBN)

The Bonkers Herman Cain Campaign Video Everyone Is Talking About
(DBN)

Ron Paul Wants To Eliminate Federal Student Loan Programs
(DBN)

Rick Perry: Gee, Was Obama Born Here?
(DBN)

Rick Perry really is doubling down on the birther stuff
(DBN)

Why Rick Perry Is Freaking Out
(DBN)

Bachmann's Misstatements Catching Up to Her
(DBN)

______________

Photography:

Kodak Hires Top Firm That Specializes in Bankruptcy
(DBN)

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Museums:

Loan approved for Las Vegas Mob Experience
(DBN)

______________

Celebs:

Blixseth Tells Life Story in New Book
(DBN)

______________

Oil/Gas:

Plains All American Details SemGroup's Flaws
(DBN)

Houston company offers to buy SemGroup
(DBN)

SemGroup: Offer from Plains All-American 'undervalued'
(DBN)

Plains takes SemGroup offer to investors after board rebuff
(DBN)

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Solar:

Special Report: Singed by Solyndra
(DBN)

Solar Subsidies vs. Shipyard Jobs
(DBN)

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Book Reviews:

In 'The Litigators,' John Grisham fleshes out his characters
(DBN)

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Banking:

In Cautious Times, Banks Flooded With Cash
(DBN)

Swiss Banking Secrecy Has No Place in Globalized World
(DBN)

UBS Reports 39% Drop in Quarterly Profit After Trading Loss
(DBN)

UBS profit despite rogue trader
(DBN)

UBS admits failure of internal controls
(DBN)

Hilarious Line From SocGen On The Bank Stress Tests
(DBN)

______________

Electricity:

Dynegy, creditors discuss unit's bankruptcy
(DBN)

Beartooth Electric Coop to fight Southern over refusal to seat member
(DBN)

______________

Autos:

Big 3-UAW contracts transform industry
(DBN)

Chrysler-UAW contract closer to ratification
(DBN)

Honda Hires 1,000 for Indiana Plant
(DBN)

Saab pulls the pin on Pang Da and Youngman investment deal
(DBN)

Pang Da, Youngman say JV deal with Saab still valid
(DBN)

The Divergent Fortunes of Saab and Volvo
(DBN)

Geely Has No Interest in Troubled Saab
(DBN)

______________

Religion:

Milwaukee archdiocese pension funds fall short
(DBN)

Vatican Calls for Oversight Of the World's Finances
(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:

TerreStar, MSR Resorts, Madoff, A&P, Montana Co-Op
(DBN)

Lehman, Innkeepers, Madoff, Tribune, Xanadoo
(DBN)

Rochelle on Lehman Claim Trading, Municipal Bankruptcies
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Tax:

Bankruptcy farm sale tax dispute headed to Supreme Court
(DBN)

______________

Cross-Border:

Vitro's 'Unorthodox' Debt Plan Spurs US Lawmakers' Complaints
(DBN)

______________

Indubitability:

All or Nothing? Bankruptcy Court Determines that the Partial Surrender of Collateral to a Secured Creditor Is Not the Indubitable Equivalent of the Secured Creditor’s Claim
(DBN)

______________

Insurance:

Ambac Financial Seeks More Time to Control Its Bankruptcy
(DBN)

PMI hires Evercore Partners to study restructuring
(DBN)

______________

Fraud:

Rajaratnam: U.S. pushed me to turn on friend
(DBN)

Rajaratnam's Quoted Comments Are 'Inaccurate,' US, FBI Say
(DBN)

Raj Rajaratnam Was Done In By Multiple Moles
(DBN)

Raj Rajaratnam Should Not Have Trusted the Fortune Teller
(DBN)

The Outsider
(DBN)

The Plea Deal They Offered Raj Was Pretty Great
(DBN)

Rajaratnam's kidney transplant could cost taxpayers $300,000
(DBN)

Here Are The Weirdest Things We Learned from the Raj Rajaratnam Profile
(DBN)

Chaat, ola leaves and the curious case of Raj Rajaratnam
(DBN)

Amish man charged with defrauding millions wants no-contest plea
(DBN)

Madoff Feeder-Fund Investor Seeks to Confirm Arbitration
(DBN)

Fidelis creditors seek settlement with former CEO
(DBN)

Judge sets Le-Nature's restitution at $661M
(DBN)

______________

Mass Torts:

Judge Denies BP Appeal That Might Have Killed Thousands of Claims
(DBN)

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Education:

Pennsylvania Academy of Music leaders take closed school to court
(DBN)

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Finance:

10 things you can tell about a finance guy by looking at him on the morning train
(DBN)

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Health Care:

States to sharply limit Medicaid hospital stays...
(DBN)

______________

Gambling:

Westin Casuarina in Las Vegas goes into Receivership
(DBN)

______________

Non-Profits:

WikiLeaks facing bankruptcy : Assange
(DBN)

______________

Sovereigns:

The Scary Truth About Downgrades
(DBN)

______________

UK:

U.K. Index Gets Boost on Hopes of Agreement to Save Euro
(DBN)

Largest ever EU rebellion rocks British PM
(DBN)

______________

EU:

EU Finance Mins To Meet Weds Before Summit, No Eurogroup - Juncker Spokesman
(DBN)

Germany: Bailout Will Cost Over $1.4 Trillion
(DBN)

New Unease for Europe's Rescue Plan
(DBN)

ECB's Bini Smaghi : Crisis firepower must reflect risks
(DBN)

Eurozone to boost bailout fund's power
(DBN)

Eurozone 'is heading for recession '
(DBN)

Euro Zone May Already be in Recession
(DBN)

Europe: Manufacturing, Services Shrink
(DBN)

Opposition forces Merkel to parliament over EU bailout boost
(DBN)

Europe's crisis is all about the north-south split
(DBN)

Document shows eurozone considering 2 options to leverage bailout fund’s capacity
(DBN)

Talks Adjourned, Aides Try to Iron Out Euro Rescue Details
(DBN)

Work continues on European crisis plan
(DBN)

Banks Clash With Lawmakers on Greek Aid as Bond Losses Loom
(DBN)

Bank recapitalization: who needs what
(DBN)

New EU bailout will fuel a debt supercycle
(DBN)

As Greece faces default, where is Europe's firewall?
(DBN)

Life on the Bohemian credit plan - No wonder Slovakia balked at the eurozone's Greek bailout
(DBN)

Europe's political differences – a very personal matter
(DBN)

Europe's Growth Outlook At Mercy Of Debt Politics
(DBN)

______________

PIIGS:

Most Greek bailout money has gone to pay off bondholders
(DBN)

Hard line adopted on Greek debt loss - Bondholders asked to take 60% cut in value
(DBN)

Greek banks tumble over writedown fears
(DBN)

Haircut fears chop 17% off Greek bank index
(DBN)

A haircut for the bold or the bald?
(DBN)

Hard line adopted on Greek debt loss
(DBN)

Greek PM hopes EU summit to turn page on crisis
(DBN)

A Greek Trader: The State Of Things, Why The Worst Is Yet To Come
(DBN)

Fearing bankruptcy , Greek Jews ask brethren for help
(DBN)

Berlusconi Vows Action After EU Urges Italian Economic Overhaul
(DBN)

Berlusconi calls crisis cabinet meeting
(DBN)

Berlusconi insists Italy's economy sound
(DBN)

Why 'Italy's Growth Engine Is Broken'
(DBN)

Berlusconi insists Italy will cut debt, chides Germany, France for belittling Rome
(DBN)

Berlusconi Becomes Euro Zone's Laughing Stock…Again
(DBN)

The exception that proves the rule
(DBN)

ie: Drumm granted US hearing over house-sale money
(DBN)

______________

Vietnam:

Some private hospitals in HCMC on verge of bankruptcy
(DBN)

______________

China:

China's Economy Heading for a 'Soft Landing'
(DBN)

China's Police Begin To Arrest 'Runaway Bosses'
(DBN)

Shanghai Homeowners Smash Showroom in Protest Over Falling Prices
(DBN)

A Glimpse into Chinese Law-Making
(DBN)

Black Market Lenders Say Money Is Drying Up Around China's Most Famous Ghost City
(DBN)

______________

MENA:

Libya: Meet the New Islamic Radical in Charge
(DBN)

Sharia law declaration raises concerns in new Libya
(DBN)

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Copyright 2011