September 23, 2011

The Daily Bankruptcy News

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Law:

Class of Bankruptcy Clients Sues Big Atlanta Law Firm
(DBN)

More Big Bankruptcy Fees for Lawyers in Madoff, Lehman Cases
(DBN)

Lawyer for Teresa Giudice talks bankruptcy
(DBN)

Ex-SEC GC David Becker Grilled at House Subcommittee Hearing
(DBN)

An Inside Look at Sullivan & Cromwell’s Recruiting Process
(DBN)

Bar Can Inquire Into Bankrupt Applicant's Finances
(DBN)

Could You Survive a Social Media Background Check?
(DBN)

Media Outlets Claiming 'Law Is no Longer a Golden Ticket' Conceal Decades of a Profession in Decline
(DBN)

Hovatter rejoins Spilman Thomas & Battle
(DBN)

AT&T Hires Legal All Stars for T-Mobile Deal
(DBN)

Eversheds goes after laid off associate for £25
(DBN)

ABA Opposes Proposed Labor Rule that Would Force Lawyers to Reveal Client Info and Fees
(DBN)

BigLaw Attorney Is Accused by Client of Stealing $2.5M in Escrowed Funds
(DBN)

Judge Tosses 4 Out of 5 Claims by Lawyer Who Alleged His Firm Broke a Pact to Support Him
(DBN)

The Best Way to Brag About an Offer Is Under the Guise of Charity
(DBN)

Event Etiquette for Dummies (or Sloppy 2Ls)
(DBN)

In-House: The On-Boarding Process
(DBN)

Fame Brief: Survivor of the Fittest at Harvard Law School
(DBN)

Ogletree Deakins Sues Client Entity, Maricopa County, for Defamation
(DBN)

Adieu Power Suit. Hello Jumper-Dress?
(DBN)

A law school sprouts in California's desert
(DBN)

JPMorgan, UBS, Deutsche Bank, Galleon, Madoff in Court News
(DBN)

Google+ Adds to Challenges in Corporate Liability
(DBN)

John Grisham on Grappling with Race, the Death Penalty; and Lawyers ‘Polluting Their Own Profession’
(DBN)

Attorney Disbarred Following Computer --- Sting
(DBN)

Jaycee Dugard Sues Feds, Says ‘Colossal Blunders’ Let Parolee Kidnap and Hold Her Captive 18 Years
(DBN)

911 Tapes Chronicle Frantic Call by Lawyer: ‘My Car Blew Up with Two Kids’
(DBN)

Alleged Suicide Try Led to Arson Case Against Construction Lawyer Still Targeted in Fed’l HOA Probe
(DBN)

Lawsuit of the Day: Is Pink a Color in the Rainbow Coalition?
(DBN)

Claimed Memory Loss from Airbag Deployment Leads to Suspension of Attorney's Law License
(DBN)

Top Russian Law Firms Form Group to Lobby for Corporate Legal Reform
(DBN)

Ex-Warden’s Wife Faces Prison Time
(DBN)

California Police Officers Charged in Beating Death of Homeless Man
(DBN)

Texas Has Seen the Last of ‘Last Meals’
(DBN)

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Judges:

Law Clerk Sues Judge for Assault, Says He Slapped Her With a Legal File
(DBN)

Judge Claims Lawyers Have ‘Fantasy of Persecution’
(DBN)

Antonin Scalia Truly Is the Harry Potter of Our Times
(DBN)

Federal Law Clerks: No Pay Raise for You!
(DBN)

Judicial Diva Gone Wild? Chief Judge Jones Tells Judge Dennis to ‘Shut Up’
(DBN)

5th Circuit Chief Judge Edith Jones says Judge James Dennis accepted her apology after heated "shut up" exchange
(DBN)

Benchslap of the Day: A Billy Madison Style Rambling, Incoherent Complaint
(DBN)

New York Judge Knocks Lawyers for “Epic Failures”
(DBN)

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Wall Street:

Stock futures rise after Thursday's sell-off
(DBN)

Stock Futures Give Up Gains
(DBN)

Stock Markets Show Some Signs of Stabilization
(DBN)

World markets fall sharply as investors focus on recession fear
(DBN)

Stocks plunge amid Fed fears of another recession
(DBN)

There's no reason why stocks are down
(DBN)

Stocks tumble as worries about global recession grow
(DBN)

Goldman May Have Second Loss Since IPO Amid Market Turmoil, Barclays Says
(DBN)

Goldman's "Achilles' Heel"
(DBN)

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Layoffs:

Single Employer Liability Arising From WARN Act Violations: Guidance for Distressed-Business Investors
(DBN)

Employment for those under 30 is at its lowest levels since World War II
(DBN)

Jobless claims fall in latest week
(DBN)

Protecting Ideas That Create Growth and Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

UBS Trader Adoboli Faces Added Fraud Charge, Apologizes
(DBN)

Galleon Sentences Now Getting Serious
(DBN)

Judge Dismisses Part of $198 Million Suit Against Madoffs
(DBN)

Madoff trustee earning his eye-popping keep
(DBN)

Madoff trustee settles with hedgies
(DBN)

Ind. AG agrees to return Durham contribution
(DBN)

Father-Son Insider Traders Provide Window Into ETF Markets
(DBN)

The War on Insider Trading
(DBN - NY Times - Paywall Limit Possible)

Insider’s Best Friend: Convict Worries About Never Seeing Her Pooch Again
(DBN)

Charting the psychological journey of the UBS rogue trader
(DBN)

______________

Credit/Debit Cards:

Discover Profit Tops Estimates as Credit-Card Delinquencies Fall
(DBN)

______________

Oil/Gas:

Oil Drops Below $80 a Barrel as Fed Sees Downside Economic Risks
(DBN)

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Religion:

Ninth Circuit Orders Redaction of Priest-Abuse Claims In Bankruptcy Discovery Documents
(DBN)

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Municipalities:

Central Falls, Rhode Island, Receiver Submits Fiscal Rescue Plan
(DBN)

Central Falls bankruptcy hearing set
(DBN)

Bits and pieces from Flanders' sweeping Central Falls overhaul
(DBN)

Central Falls bankruptcy plan questioned
(DBN)

Rhode Island Seeks to Shield Investors Under Central Falls Plan
(DBN)

RI auditor warns of pension crisis' effect on municipalities
(DBN)

Town of Washington trying to avoid bankruptcy
(DBN)

Supercommittee May Take Up Obama’s Threat to Muni-Bond Tax Break
(DBN)

______________

Telecoms:

TerreStar reaches deal with EchoStar, lenders
(DBN)

______________

IP:

Borders intellectual property sale delayed
(DBN)

______________

Hockey:

Dallas Stars Sale & Bankruptcy : Courts Approve Bidding Procedures
(DBN)

_____________

Theater:

Florida Stage files for Chapter 7 bankruptcy
(DBN)

______________

Economy:

Initial Jobless Claims in U.S. Fell 9000 Last Week to 423,000
(DBN)

Global leaders struggle to calm recession fears
(DBN)

Consumer Sentiment Drops Again
(DBN)

G20 Pledges Cooperation Against World Economy's Latest Struggles
(DBN)

Fed's 'Operation Twist' Fails to Reassure
(DBN)

A Strategic Risk in the Fed’s Plan
(DBN - NY Times - Paywall Limit Possible)

European Debt Woes, Fed's Dour Outlook A Toxic Brew For Market
(DBN)

Markets reveal limits to Fed's $400bn 'twist'
(DBN)

Twist No QE2 for Corporates as Spreads Expand
(DBN)

The Fed Defies the G.O.P.
(DBN - NY Times - Paywall Limit Possible)

Gold Tumbles to Four-Week Low
(DBN)

What’s wrong with gold?
(DBN)

Congress Takes Nation To The Brink — Again
(DBN)

Boehner: No Threat of a Shut Down
(DBN)

George Soros insists US is already in double - dip recession
(DBN)

PIMCO: World at New Financial Crisis
(DBN)

Recession's Second Act Could be Tough
(DBN)

More on President Obama's Tax Plan
(DBN)

Oops, Obama touts his jobs plan at an Ohio bridge that won't qualify
(DBN)

Clinton Didn't Say Millionaire's Tax Bad Idea
(DBN)

More Money for the IMF?
(DBN)

Has Western Capitalism Failed?
(DBN)

Poverty Up, Incomes Down in Most States
(DBN)

FedEx Sees Global Slowdown
(DBN)

Intermodal Traffic Reaches New 2011 High
(DBN)

No Sign of Recession on Rail Shipments
(DBN)

Great Recession and the Lost Generation
(DBN)

The Upside of Economic Downturns
(DBN)

Commodities Erase 2011 Gains
(DBN)

Man Works 1 Day, Goes On 15 Year Leave, Gets $158,000 Annual Pension, Now Works For A Hedge Fund
(DBN)

Every Age Group Is Getting Poorer In America, Except For One
(DBN)

More lessons from paying people to be less poor
(DBN)

Michael Moore Threatens The "Rich": Let's "Deal With It Nonviolently Now"
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Fed Study Says Mortgage Refi Level 'Appears Low' Given Rates
(DBN)

BofA Case May Be Followed by More Mortgage Suits by Cash-Strapped Counties
(DBN)

BofA looks to dissect massive Nevada AG case
(DBN)

Staffing Woes Harm Fannie and Freddie Oversight
(DBN)

Why litigation can never resolve MBS put-back crisis
(DBN)

Countrywide protected fraudsters by silencing whistleblowers, say former employees
(DBN)

Survey shows home prices remained unchanged in July
(DBN)

Homebuilder CEO Flails And Talks Gibberish After Hardball Questioning
(DBN)

Housing settles in for long, cold winter
(DBN)

Housing Lobby in Rare Defeat on Mortgage Limits
(DBN)

Fed: Conforming loan limit drop effect to be minimal
(DBN)

MBA takes MISMO back from MERS
(DBN)

Commercial mortgage debt increases for first time in two years
(DBN)

_____________

Corporate Governance:

The HP board fiasco continues
(DBN)

How HP's board presided over a train wreck
(DBN)

Hewlett-Packard Hires Meg Whitman as CEO
(DBN)

Many Corporate Boards Are Pretty Much Waiting to Get Hacked, Report Says
(DBN)

"Say on Pay" Lawsuit Survives Dismissal Motion
(DBN)

_____________

Autos:

GM is back, thanks to Uncle Sam
(DBN)

Chrysler UAW Talks Break Down
(DBN)

UAW labor talk focus shifts to Ford
(DBN)

UAW Wants Richer Deal from Ford
(DBN)

Chrysler Said to Push for UAW Signing Bonuses Around $3500
(DBN)

Trouble at Black Lake: The UAW's property exposure
(DBN)

Crunch time at America's richest union
(DBN)

The Incredible Shrinking Auto Boom
(DBN)

Derivatives Rules Cut Auto Industry Safety Net
(DBN)

______________

Museums:

Slavery museum led by Wilder files for bankruptcy
(DBN)

______________

Seminars:

Tech in View at Corporate Restructuring Convention
(DBN)

______________

Solar:

Bankruptcy scenario played out before Solyndra collapse
(DBN)

Solyndra hearing to go on, despite execs' silence
(DBN)

Solyndra lobbyists may have obscured troubles
(DBN)

First Rahm, now Axelrod denies any knowledge of Solyndra
(DBN)

Real Solyndra Scandal Is U.S. Subsidy Approach
(DBN)

Solyndra CEO touted progress to lawmakers just before bankruptcy
(DBN)

Heat Rises for Solyndra in Govt. Probe
(DBN)

Issa: US Solar Panel Industry Could Fail
(DBN)

In Rush to Assist Solyndra, U.S. Missed Warning Signs
(DBN)

Solyndra staff reveal 'sloppy' multi million dollar spending after $535million loan was approved
(DBN)

Solyndra failure puts solar industry on defensive
(DBN)

Republicans Attack on Handling of Stimulus Money and Green Jobs
(DBN)

Republicans Make Federal Case of Solyndra Bankruptcy
(DBN)

W.H. aims at Solyndra critics flipflops
(DBN)

Republicans Weigh Defunding Program That Helped Fund Solyndra
(DBN)

GOP congressman says US solar panel makers on verge of collapse
(DBN)

Solyndra default casts shadow over clean-energy effort
(DBN)

The Obama Solyndra solution
(DBN)

Law Firms Representing Solyndra Executives Are Major Democratic Donors
(DBN)

Daily Caller Draws Michelle Obama Connection to Solyndra
(DBN)

How Did Solyndra Spend All That Money?
(DBN)

______________

Health Care:

Christie offers $5M if needed to help ease Hoboken hospital sale
(DBN)

Hoboken University Medical Center unions deny leaving creditor committee negotiations
(DBN)

Hoboken Hospital's bond rating under review
(DBN)

Hoboken University Medical Center may close as a result of city council rejecting bond ordinance
(DBN)

Natchez Hospital budget is encouraging
(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:

Madoff, Central Falls, Blockbuster, Point Blank
(DBN)

Jevic, Solyndra, Lehman, Ambac, Madoff, Dodgers
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Insurance:

Ambac files new bankruptcy plan with regulator OK
(DBN)

______________

DIP Finance:

Update on U.S. Oncology: New York State Court Considers Prepayment Calculation Method, Decision Forthcoming This Fall
(DBN)

______________

Avoidance Actions:

Seventh Circuit Takes the Long View in Defining Insider Status for Preference Actions
(DBN)

______________

Aviation:

airBaltic’s bankruptcy protection – should the 62 airport partners worry?
(DBN)

______________

Banking:

Shares in Citigroup, Morgan Stanley and other big banks plunge
(DBN)

Bankruptcy Fine Print Rattles WaMu Debt
(DBN)

Adoboli 'sorry beyond words' after UBS trading loss
(DBN)

UBS Must Be Staffed With Idiots
(DBN)

Adoboli May Have Lost More Than $2.3 Billion, Prosecutor Says
(DBN)

Analysts weigh the risk of rogue traders
(DBN)

UBS board considers fate of crisis-hit investment bank
(DBN)

UBS's Shady Dealings Are A Lehman Deja Vu
(DBN)

EU to speed recapitalisation of 16 banks
(DBN)

BofA collapse and the next Lehman are staring us in the face
(DBN)

A startup that promises to change the way we deal with money
(DBN)

Adventures with online-banking videos
(DBN)

______________

Baseball:

Fox Protests Dodgers Creditors’ Addition of Heavy Hitter Lazard
(DBN)

______________

Small Business:

Sen. Hatch urges caution with small business funds
(DBN)

______________

Military:

Point Blank Looks to Shed Excess Ballistic Baggage
(DBN)

______________

Politics:

GOP: Dept. of Education Should Go
(DBN)

Romney, Perry Spar in GOP Debate
(DBN)

Perry: "I Don't Think You Have a Heart" If You Oppose In-State Tuition for Children of Illegal Immigrants
(DBN)

HPV Vaccine Fact Check: Perry Misstated Relationship With Dying Woman
(DBN)

Opposing Views on Perry's Jobs Creation
(DBN - NY Times - Paywall Limit Possible)

More People Blaming Obama for Economy
(DBN)

______________

Finance:

Top Borrowers Awash in Credit
(DBN)

______________

Education:

How a small college inherited a 1000-year trust that threatened to bankrupt the nation
(DBN)

______________

Energy:

Dynegy sued over asset transfer said to help Icahn
(DBN)

______________

Sovereigns:

Why Half Of The World's "Safe Havens" Recently Collapsed
(DBN)

______________

UK:

Is a double - dip recession inevitable?
(DBN)

UK: Institutions urged to kill or cure the zombies
(DBN)

______________

EU:

European shares at 26-month closing low on growth fears
(DBN)

Euro climbs after G20 soothes nerves
(DBN)

China, Japan Say Europe Must Find Its Own Fix for Debt Crisis
(DBN)

EU Said Looking To Speed Up Bank Recapitalization
(DBN)

ECB Ready to Act Next Month If Outlook Deteriorates
(DBN)

Deteriorating European Sentiment
(DBN)

EU: Fear Gauge Has Entered the Red Zone
(DBN)

______________

PIIGS:

Greek PM: new austerity only way to avert bankruptcy
(DBN)

Greek austerity plan hinges on implementation
(DBN)

ECB's Knot says Greek default possible
(DBN)

Greece denies reports on default scenarios
(DBN)

Greece on Edge of Insolvency 24 Centuries After First Default
(DBN)

Greek minister says 50% haircut possible
(DBN)

Six reasons why Greece should default
(DBN)

Poll: half of Germans oppose Greek bankruptcy, more believe it would harm own economy
(DBN)

Greek Finance Minister Says July 21 Decisions are Central Goal
(DBN)

Greek Banks Lowered by Moody's on Government Debt Holdings
(DBN)

Significant victory for Spanish football as new bankruptcy law passed
(DBN)

Two Sides of the Irish Economy: Is the Celtic Tiger Purring Again?
(DBN)

______________

Korea:

S.Korea regulator says some banks that flunked stress tests now sound
(DBN)

______________

Hong Kong:

Hong Kong Stocks in Worst Week Since 2008 on Recession Concerns
(DBN)

______________

Venezuela:

Venezuela Ready to Pay Exxon Only $1B
(DBN)

______________

China:

IMF: China at Risk For Financial Turbulence
(DBN)

China Factory Output Falls for Third Month
(DBN)

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Copyright 2011