October 6, 2011

The Daily Bankruptcy News

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Law:

Former Proskauer CFO Hits Firm With Discrimination Suit
(DBN)

Biglaw Discrimination Lawsuit Potpourri: Proskauer Rose and Ropes & Gray
(DBN)

Restructuring and Insolvency Lawyer Alberts Jumps to SNR Denton
(DBN)

Restructuring lawyer wins Legal Innovator Of The Year award
(DBN)

Linklaters and Freshfields top Euro M&A rankings amid tough market
(DBN)

Norton Rose set to continue global push following latest merger deal
(DBN)

Ex-Cleary, Yukos Lawyer's Death in Russia Called 'Murder' by Kremlin Critics
(DBN)

Wilmer Partner Has a Few Things to Teach the Red Sox
(DBN)

Federal Judge Fines NY Lawyer $6,400 for Rambling Depositions in Losing Case
(DBN)

The Poor Employment Market for Law Grads Predates the Recession
(DBN)

Reporters welcome at Justice Kagan talk to bankruptcy judges, but it'll cost
(DBN)

In-House: Moving From Litigation to Transactional Work
(DBN)

Why Are Lawyers So Expensive? Well, Are They Really?
(DBN)

Is There A Law Firm Merger in Your Future? The Odds Are Increasing....Are You Ready?
(DBN)

Firm offers partnership alternative with legal director role
(DBN)

BofA, JPMorgan, BNY Mellon, S&P, AIG, SocGen in Court News
(DBN)

Apple General Counsel Sewell Becomes Protector of Jobs's Vision
(DBN)

The In-House Counsel as Corporate Gatekeeper
(DBN)

Former U.S. Attorney General Alberto Gonzales to Join Nashville Law Firm
(DBN)

Law Firms Announce Plans to Sue 15 More Law Schools over Job Stats
(DBN)

Study Finds ‘Lopsided’ Concentration of Socioeconomic Elites at Law Schools
(DBN)

Start Socioeconomic Affirmative Action Now
(DBN)

Skip Jury Duty at Your Peril
(DBN)

'MyBaldLawyer.com'
(DBN)

Don't Rob A Convenience Store With A Cop Standing Right Behind You
(DBN)

Nancy Grace Does Not Believe Amanda Knox
(DBN)

DC Cops Throw Drivers in Jail -- for Expired Tags
(DBN)

Ex-CFO of Top Australian Law Firm is Arrested, Accused of Stealing Six-Figure Sum
(DBN)

Top 50 German law firms post 8% hike in fees in 2010-11 but eurozone fears dampen mood
(DBN)

Bill would end Florida ban on dwarf-tossing
(DBN)

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Judges:

Bankruptcy judges asking reporters for $100 to cover Kagan talk
(DBN)

Bankruptcy judges waive fee to cover Kagan talk
(DBN)

Justice Kagan's eagerness to speak bumps tradition
(DBN)

Appeals court considers another term for bankruptcy judge
(DBN)

'Learn to love the gridlock,' Scalia says
(DBN)

Chief Justice Roberts Invokes Hendrix at Woodstock
(DBN)

2nd Judge Gets Time in Cuyahoga, Ohio, Corruption Case; 3 Lawyers Previously Sent to Club Fed
(DBN)

9th Circuit Cases Make Up ‘Staggering’ Percentage of Supreme Court Docket
(DBN)

SCOTUS Approval Ratings Tank, But Who Is to Blame?
(DBN)

Judge warns lawyers of sanctions - "misleading case citations and unsupported legal argument . . . beyond fair advocacy and borders on misrepresentation"
(DBN)

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Wall Street:

Wall Street Looks to Extend Rally Amid Euro Hopes
(DBN)

U.S. stocks' massive "melt-up" fans investor fears
(DBN)

US Stocks Advance on Speculation Europe Will Act on Crisis
(DBN)

Bernanke Signals Some Sympathy for Wall Street Protesters
(DBN)

Unions, civic groups join with anti-Wall Street protesters
(DBN)

Unions join Wall Street protests. Will message change?
(DBN)

What’s driving Occupy Wall Street, in one chart
(DBN)

Footage Of Cop Swinging Billy Club At Protesters At Occupy Wall Street
(DBN)

Wall Street protesters should dig in
(DBN)

Occupy Wall Street Teams With Labor Unions for Massive March
(DBN)

Top Dems endorse Occupy Wall St. protests
(DBN)

Occupy Wall Street Protest Is MASSIVE
(DBN)

A tipping point for Occupy Wall Street
(DBN)

Why liberals now heart "Occupy Wall Street"
(DBN)

What They've Come to Find at Occupy Wall Street Is America
(DBN)

'Occupy Wall Street': Why this revolution isn't made for TV
(DBN)

A Manifesto for Wall Street Protesters
(DBN - NY Times - Paywall Limit Possible)

Six Things Liberal Critics Don't Understand About the Occupy Wall Street Protests
(DBN)

Occupy Wall Street Is Like a Parody of a Protest
(DBN)

Malkin: 'Occupy Wall Street' 99% White
(DBN)

Occupation: From Wall Street to the university
(DBN)

Most Americans Aren't Occupy Wall Street's '99 Percent'
(DBN)

Wall Street Occupiers , Protesting Till Whenever
(DBN)

Dayton, Middle America, Iowa, Idaho, NC, Boston, Dallas, Philly, SF, Cleveland, Houston, Cincinnati
(DBN)

Photos Of The Wall Street Protests In NYC and Chicago
(DBN)

Meet the Occupy Wall Street Protesters
(DBN)

Board of Trade has a message for Occupy Chicago: "WE Are The 1%"
(DBN)

NYPD’S ‘ white shirts ’ take on enforcer role
(DBN)

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Layoffs:

Announced Job Cuts in U.S. More Than Triple From Year Ago, Challenger Says - Bloomberg
(DBN)

Report shows service firms cut workers last month
(DBN)

Right-to-work drive gains steam in MichiganTimes
(DBN)

Hundreds of Friendly's workers jobless
(DBN)

Service sector layoffs suggest weaker job market ‎
(DBN)

Not getting by on minimum wage
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

Friendly's Closes 63 Restaurants
(DBN)

An institution seeks protection
(DBN)

List of the 63 Friendly's Restaurants That Have Closed
(DBN)

Friendly Ice Cream Corporation's top 20 creditors
(DBN)

Restaurants Find Big Debt Loads Tough to Swallow
(DBN)

Friendly's Bankruptcy Likely to Dot Northeast with Awkward Reconversions
(DBN)

Lease Cancellations: Friendly Ice Cream Melts
(DBN)

Friendly's Bankruptcy: A Lesson for Any Franchisee
(DBN)

El Torito Goes El Bankrupto
(DBN)

Real Mex Wins Approval to Borrow $25 Million in Bankruptcy
(DBN)

Investors hopeful Moo & Oink can be saved
(DBN)

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Software:

CDC Files for Bankruptcy With More Than $250 Million Debt
(DBN)

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Museums:

Museum files more bankruptcy details
(DBN)

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Hockey:

NHL Guaranteeing Stars Creditors A 15 Percent Return?
(DBN)

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Corporate Reform:

FSB Approves Systemic Risk Regulation Policy Proposals
(DBN)

Volcker Rule on US Banks Coming Next Week
(DBN)

Volcker rule draft gives banks ability to hedge
(DBN)

Court Says Regulator Exceeded Its Power
(DBN - NY Times - Paywall Limit Possible)

Cordray gets his day in the Senate
(DBN)

Buckeye State Pressure for Cordray
(DBN)

Committee poised to clear CFPB hopeful Cordray for wider Senate vote
(DBN)

SEC may deter more cheats by lowering sights
(DBN)

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Telecom:

Open Range Communications files for Chapter 11
(DBN)

Open Range Communications in Colorado for sale after layoffs
(DBN)

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Economy:

Ben Bernanke does a Jack Nicholson on Capitol Hill
(DBN)

Bernanke's Blame Game
(DBN)

Private sector adds 91,000 jobs, but planned layoffs at 2-year high
(DBN)

IMF Calls Fed's Easing Steps 'Appropriate'; More May Be Needed
(DBN)

Senate Dems Propose 5% Surtax on Millionaires
(DBN)

Nearly Half of U.S. Lives in Household Receiving Government Benefit
(DBN)

ECRI Explains Its Recession Call
(DBN)

Holiday Retail Sales Set to Slide Amid High Unemployment and Low Consumer Confidence
(DBN)

It’s Too Hard to Know Who Is Too Big to Fail
(DBN)

ISM Non-Manufacturing Index indicates expansion in September
(DBN)

Economists Agree: We’re In a Depression
(DBN)

Obama Has Now Increased Debt More than All Presidents from George Washington Through George H.W. Bush Combined
(DBN)

Wealthy say tax rich, but they aren't rich
(DBN)

Top 10 Countries For Business
(DBN)

10 ways Steve Jobs changed the world
(DBN)

Striking Parallels Between 2008 & 2011: Economist
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

3Q house prices up but Clear Capital predicts 2012 dip
(DBN)

Massachusetts preparing to file foreclosure lawsuits
(DBN)

2 Lawyers Face Federal Charges in Alleged 9-Year, $25M Mortgage Fraud Conspiracy
(DBN)

Bill allows tax-free use of retirement funds for mortgage payments
(DBN)

Unwanted McMansions? Make Them Affordable Housing
(DBN)

Did The NAR Lie About August Pending Home Sales?
(DBN)

CRE loans rise in value in August
(DBN)

Apartment Vacancy Rate falls to 5.6% in Q3
(DBN)

HAMP eligible borrowers drops below 1 million
(DBN)

Private mortgage mods perform worse than HAMP
(DBN)

Developer gets 9 years for $98 million mortgage fraud
(DBN)

Court Considers Whether Homeowners Can Sue Builder over Magnetized Homes
(DBN)

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Politics:

Warren off to fast start in Mass. Senate race
(DBN)

Senate candidate Warren has social contract upside down
(DBN)

Elizabeth Warren to Scott Brown: 'I Kept My Clothes on' ‎
(DBN)

Video Of Debate
(DBN)

In first debate, Warren leaves an opening
(DBN)

Warren: Washington doesn't get it
(DBN)

Elizabeth Warren Blasts Wall Street, Scott Brown ‎
(DBN)

Elizabeth Warren set to cash in on campaign trail ‎
(DBN)

Elizabeth Warren debate: Wall St. broke this country
(DBN)

George Will On Elizabeth Warren's Collectivism ‎
(DBN)

Why Scott Brown Should Be Very Afraid
(DBN)

Generic Republican 47%, Obama 41%
(DBN)

Geithner: 'It's Inexplicable' Why Banks Hate Obama
(DBN)

White House Chief Of Staff Disses 'Occupy Wall Street'
(DBN)

DNC Chair: 'Anyone' Can See Economy's Improving
(DBN)

Herman Cain Tells Occupy Wall Street Protesters to 'Blame Yourself'
(DBN)

Perry Campaign Brings In $17 Million
(DBN)

Paul Raised Over $8 Million in Quarter
(DBN)

Texas Politics Takes a Turn Toward the Extremely Weird
(DBN)

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Tax:

Prosecutors fight new trial in tax shelter case
(DBN)

IRS Hits Pot Shop With $2.4 Million Tax Bill
(DBN)

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Solar:

Solyndra e-mails: Dept. of Energy was poised to approve $469 million more for firm
(DBN)

Joe Barton says Solyndra “poster child” of Obama’s “failing energy policies”
(DBN)

Solyndra probe excludes top Bay Area prosecutor
(DBN)

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Debt Collection:

Feds shut down Calif. debt collection firm accused of harassment, including threats to pets
(DBN)

Uncle Sam's answer to deadbeats -- robo-calls
(DBN)

Debt Collectors Might Soon Be Able To Call Your Cellphone
(DBN)

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Education:

Is an M.B.A. Worth It?
(DBN)

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Banking:

Number of Bank Failures Plunge From Year Ago
(DBN)

Morgan Stanley CEO To Employees: Don't Expect Big Bonus
(DBN)

What You Need To Know About The New Checking Fees At... Citibank
(DBN)

A rogue trader, a Swiss bank and another financial scandal
(DBN)

UBS equities executives resign after scandal
(DBN)

UBS on Rogue Trading: 'We Have to Be Straight with Ourselves'
(DBN)

UBS says it spotted unusual trading, but failed to act
(DBN)

How UBS spun disaster into fool's gold
(DBN)

Everything You Need To Know About Dexia
(DBN)

France targeting imminent solution to Dexia
(DBN)

Dexia GG revival risks setting dangerous precedent
(DBN)

What went wrong with Dexia?
(DBN)

Embattled Dexia Just the Tip of the Iceberg?
(DBN)

Crisis-hit Dexia running out of time
(DBN)

Belgium backs Dexia savers , seeks French help
(DBN)

______________

Aviation:

AMR Hits Eight-Year Low On Pilot Retirement, Bankruptcy Concerns
(DBN)

American Airlines Bankruptcy : Fear and the Airline Business
(DBN)

American Airlines avoided bankruptcy court, but now is weaker than rivals that didn’t
(DBN)

Could an American Airlines' Bankruptcy Pump Life Into U.S. Airlines?
(DBN)

American Airlines faces turbulent ride
(DBN)

Headwinds on American Airlines' horizon
(DBN)

Clouds darken for airlines
(DBN)

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Photography:

Kodak's Meteoric Rise And Fall
(DBN)

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Agriculture:

1200-cow dairy files for bankruptcy
(DBN)

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Retailing:

Holiday sales may be sluggish
(DBN)

Crawford to close all retail stores
(DBN)

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Orchestras:

Philadelphia Orchestra’s Pension Fund Seeks Donations Probe
(DBN)

Symphony struggles threaten Tobin Center future
(DBN)

______________

Gambling:

Hooters casino wins victories in legal battle against creditor
(DBN)

Hooters Hotel owners get chance to find financial savior
(DBN)

______________

Paper:

Bear Island Paper Can Send Liquidation Plan to Creditors
(DBN)

______________

Mining:

Ashapura Minechem Seeks Chapter 15 Protection In U.S.
(DBN)

______________

Lehman:

Ex-Lehman directors win ruling over retirement plan
(DBN)

Bridge over troubled water
(DBN)

______________

Oil/Gas:

Federal judge OKs $28 million settlement against SemGroup co-founder Kivisto
(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, Auto Loans, Centaur, Townsends, Pure Beauty
(DBN)

Friendly, Chef Solutions, WaMu, Madoff, NewPage
(DBN)

Rochelle on Real Mex, Innkeepers, Bagels Bankruptcies
(DBN)

What Steve Jobs taught us about failure
(DBN)

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Bankruptcy Statistics:

Phoenix-area bankruptcy filings continue to drop, but trend could be deceiving
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Insurance:

Ambac Wins Approval of Reorganization, Nears Tax Resolution
(DBN)

______________

Claims Trading:

Risks for Claims Traders Who Have Access to Confidential Information: Lessons from the Recent Washington Mutual Decision
(DBN)

______________

Setoff:

Lehman Bankruptcy Court Denies Contractual Right to Three-Party Setoff in Bankruptcy
(DBN)

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Awards:

TMA Announces 2011 Turnaround and Transaction of the Year Award Winners
(DBN)

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Fraud:

How to turn a bankruptcy reorganization into an insider trading charge
(DBN)

Rothstein bankruptcy attorneys vs. Don King
(DBN)

Madoff Trustee Seeks to Pursue Racketeering Claim Against Kohn
(DBN)

Garth Drabinsky applies for bail
(DBN)

Medicare Thief Lobbied Congress to Keep Cash Flowing, U.S. Says
(DBN)

______________

Consultants:

Miller Buckfire Hires Former Houlihan Lokey Banker McKenna
(DBN)

______________

Utilities:

Americans Face Double-Digit Hikes in Electricity Bills to Fund Upgrades
(DBN)

______________

Autos:

Former Chrysler owner's lament
(DBN)

Toyota's car production back at pre-tsunami levels
(DBN)

Ailing Saab still waiting for Chinese money
(DBN)

Volvo owner Geely interested in Saab
(DBN)

______________

Municipalities:

Scranton may avert 'Payless paydays' by leaving $7M in bills unpaid
(DBN)

Ohio Union Law Vote Pits Business Groups Against Public Workers
(DBN)

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Compensation:

25 highest-paid men
(DBN)

______________

Art:

The art market: just as absurd as the banking crisis
(DBN)

______________

Celebs:

Brunell confirmation hearing set for Dec. 5
(DBN)

______________

Health Care:

Zimmer: If bankruptcy settlement agreement isn’t approved right away Hoboken hospital will close
(DBN)

Avoiding closure, creditors approve sale of Hoboken University Medical Center
(DBN)

Creditors Committee Reaches Agreement; Final Hearing Is Last Step in Hospital Sale
(DBN)

Palm Drive takes critical look at hospital management
(DBN)

Bamberg hospital plans to reduce services
(DBN)

Stress: Top cause of workplace sickness - 'Black Death of 21st century'
(DBN)

Drug Resellers Probed by Lawmaker for 80-Fold Markup on Scarce Medicines
(DBN)

Study: Worst hospitals treat larger share of poor
(DBN)

Palliative Care Expanding in Hospitals
(DBN)

______________

Baseball:

Dodgers' argument fails to move bankruptcy judge
(DBN)

Dodgers Probably Won't See Rivals' TV Contracts, Judge Says
(DBN)

______________

UK:

Bank Of England Debating More Stimulus
(DBN)

House prices down 0.5 percent in September
(DBN)

BBC 'will cut up to 2,000 jobs'
(DBN)

Emmerson defects to BDO
(DBN)

Winding Up Petitions - 5 October 2011
(DBN)

The global economic recovery is over - say finance professionals
(DBN)

______________

EU:

Europe wakes up to need for bank aid plan
(DBN)

Why European Leaders Are Suddenly Backing More Bank Bailouts
(DBN)

Europe Tries to Stave Off a Reckoning
(DBN)

Some Hedge Funds Are Making A Killing On The European Collapse
(DBN)

European bank rescue talk intensifies
(DBN)

Whitney: Many European banks will fail
(DBN)

How the EuroTARP could play out
(DBN)

Wall Street's fingerprints all over EU crisis
(DBN)

Europe struggles with bank support
(DBN)

Bank sector woes put France's Sarkozy to the test
(DBN)

Merkel Signals Greek Investor Losses, Bank Capital Boost
(DBN)

Merkel Says Europe's Rescue Fund Is Only Last Resort for Banks
(DBN)

ECB looks to help banks but rate cut unlikely
(DBN)

Europe’s Ship of Fools
(DBN)

IMF warns Europe of 2012 recession risk
(DBN)

IMF floats euro zone bond-buying idea, backs away
(DBN)

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PIIGS:

Strike by Greek civil servants shuts down government
(DBN)

Clashes in Athens as workers strike against cuts
(DBN)

 

Greek protester: 'Measures hurt the poor'
(DBN)

Greek-Bailout Shenanigan
(DBN)

French Minister: Open to Bigger Haircuts on Greek Debt
(DBN)

Greek default is just a matter of time
(DBN)

No Need For Ireland To Take 'Dramatic' New Austerity Steps, Says IMF Director
(DBN)

______________

Latin America:

IMF Says Latin America Must Be Ready to Adopt Stimulus Measures
(DBN)

IMF : 'Severe' Downside Risk to Latam Econs Amid Global Strains
(DBN)

______________

Australia:

Class Action Fails To Stop Centro Restructure
(DBN)

______________

MENA:

Humbled Dubai Looks to Real Economy, Arab World
(DBN)

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Copyright 2011