September 7, 2011

The Daily Bankruptcy News

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Law:

Defunct Law Firm Sues Toy Maker Wham-O
(DBN)

Weil boosts London restructuring team with Jones Day partner hire
(DBN)

Letter from London: On the Brink of a Double Dip?
(DBN)

Banks, AT&T, BP-Halliburton, DuPont, Clemens in Court News
(DBN)

Sprint, BofA, News Corp., Mamma.com, Citigroup, AOL, GM in Court News
(DBN)

Biglaw Perk Watch
(DBN)

V&E Elects New Managing Partner and First-Ever Chairman
(DBN)

Strasburger & Price Scoops Up 30-Lawyer San Antonio Firm
(DBN)

A&O report reveals £3m redundancy costs in back office shake-up
(DBN)

A&O adds £21m to war chest after cashflow drive
(DBN)

Legal Field Is Nation’s Most Difficult Industry for Job Placement, Employment Website Says
(DBN)

BigLaw Firm Charts Steady Path to Growth
(DBN)

Associate Satisfaction at Nearly a 10-Year Low?
(DBN)

A Pro Bono Catastrophe?
(DBN)

In Praise of Nepotism
(DBN)

Firm embraces the web with apps launch
(DBN)

Former Murdoch Lawyer Says Mogul Missed the Mark in Blaming Law Firm for Scandal
(DBN)

BigLaw Firm Remembers NY Partner Who Died as First Responder on 9/11
(DBN)

After One Year of Practice, Solo Tells of Lessons Learned About Money, Marketing and Mistakes
(DBN)

Malpractice Fail: Client Has Duty To Read Contract
(DBN)

Does Clicking 'I Agree' Create a Binding Contract?
(DBN)

2011 Associate Technology Survey
(DBN)

Law School Dean: Walk With Me
(DBN)

Comedies of Error Shape Views of Law Schools, Lawyers
(DBN)

CUNY Incubator Program to Help New Law Grads Go Solo Is Now a Model for Other Schools
(DBN)

Courts Put the Brakes on Agenda of G.O.P.
(DBN - NY Times - Paywall Limit Possible)

Woman’s $1M Lottery Win Will Also Benefit Court-Appointed Defender in Her Criminal Case
(DBN)

Police Rescue Girl, 12, From Law Office Where Dad Allegedly Made Bomb Threat
(DBN)

Should This Young Woman Go to Law School?
(DBN)

Browsing the Web on your iPad: Which is Best?
(DBN)

Prof jailed for refusing to provide her son with unsupervised email account
(DBN)

Actor Randy Quaid's Suit Over His Ex-Lawyer's Alleged Postings on Entertainment Website Is Dismissed
(DBN)

'Thou Shalt Not ...' Visit Six Flags Great America for the Remainder of Your Life
(DBN)

The nastiest copyright notice ever written
(DBN)

______________

Judges:

Magistrate Is Ousted for Smoking Pot, Pulling Gun, Disparaging Boss, Kicking in Doors
(DBN)

Colleagues Blow Whistle on No-Show Judge
(DBN)

Irene's Aftermath Continues to Hamper Some NY Courts
(DBN)

When Perpetual Dissent Removes the Blindfold
(DBN - NY Times - Paywall Limit Possible)

Obama faces crucial period for judicial nominations
(DBN)

______________

Wall Street:

US Stock -Index Futures Rise
(DBN)

Stocks trim losses after Fed statement
(DBN)

European stocks hit 2-year low
(DBN)

Stocks fall sharply as Europe worries deepen
(DBN)

Evaluating Long Candidates With Price-To-Book Ratios And Altman's Z-Score
(DBN)

Reinventing Goldman Sachs
(DBN)

The Amazing Duane Reade Drugstore Specifically Catering To Wall Street
(DBN)

______________

Layoffs:

Postal job cuts would weigh on minorities, vets
(DBN)

Jobs program could jeopardize Social Security and Medicare benefits
(DBN)

Working-age poor at highest levels since '60s
(DBN)

Ill. gov : Job 'reductions' needed, no details yet
(DBN)

GOP Lining Up To Oppose Obama's Jobs Plan — Even Before It's Announced
(DBN)

Old Tax Relief Seen as Anchor in Obama Plan
(DBN - NY Times - Paywall Limit Possible)

Who Lost Work During the Great Recession ?
(DBN - NY Times - Paywall Limit Possible)

Jobless Benefit Extension: GOP Slam Obama?
(DBN)

Obama Confronts 27-Week Unemployment Increase as This Century Is Different
(DBN)

Is America losing patience with the unemployed?
(DBN)

Getting back to even on jobs divides US leaders
(DBN)

Massive Employment Chartfest
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Solar:

Solyndra files for bankruptcy, listing nearly $784 million in debt
(DBN)

Hope Shines Through Bankruptcy Clouds For US Solar Sector
(DBN)

Solyndra's Former Workers Sue Solar Company Over Firing, Lack of Warning
(DBN)

Solyndra bankruptcy was disaster waiting to happen
(DBN)

Solyndra Bankruptcy Reveals Dark Clouds in Solar Power Industry
(DBN)

More Reflections on Failed PV Firm Solyndra
(DBN)

Solyndra Collapse: The Fallout
(DBN)

SolarWorld to Consolidate, Close California Production
(DBN)

Solarworld Has Received Takeover, Merger Inquiries, Chief Says
(DBN)

China Has Won The Solar War - Now What?
(DBN)

Bankruptcy for Solyndra. Is it China's fault?
(DBN)

Solar-power debacle spotlights Obama's folly
(DBN)

Why did Solyndra get tax dollars in the first place?
(DBN)

______________

Celebs:

Real Housewives: Buy the Clothes Off Tamra Barney’s Back!
(DBN)

11th Circuit rejects actor Wesley Snipes' appeal
(DBN)

Claims Go Forward Against Madonna Over Loud Music
(DBN)

______________

Magazines:

Plum TV: Massive Layoffs , Plum Magazine Folded
(DBN)

______________

Autos:

Automakers aren't out of the woods yet
(DBN)

UAW "leans toward" striking Ford if deal isn't reached
(DBN)

Ford Eager to Hire Entry Level Workers
(DBN)

UAW Rank and File Speak Up
(DBN)

Ford to build $1B plant, create 5,000 jobs -- in India
(DBN)

GM's stock gets top ranking
(DBN)

Judge Throws Out Part of Delphi Pension Suit
(DBN)

Car Insurance by the Mile Starts
(DBN)

Saab wins brief reprieve in union salary row
(DBN)

Saab Auto Said to Seek Court Protection
(DBN)

Sweden's Saab files for bankruptcy protection
(DBN)

Ally Financial sees no impact from Saab reorganization
(DBN)

Can Saab be saved?
(DBN)

Saab town in Sweden caught between hope and despair
(DBN)

______________

Lehman:

Lehman Trader Attempts Suicide
(DBN)

______________

Tax:

Tax Court Rejects Distressed Debt Tax Shelters ‎
(DBN)

Swiss to deliver bank data on secret American accounts
(DBN)

______________

Media:

Former Execs Challenge Murdoch's Testimony
(DBN)

______________

Consultants:

AlixPartners Hires Media Exec Griffin as Senior Advisor
(DBN)

______________

Fraud:

Harvard's Madoff Connection
(DBN)

U.S. RICO Law Can’t Be Applied Abroad, Madoff Judge Says in UniCredit Suit
(DBN)

Ritchie Capital Wins Order Reinstating Lawsuit Against Petters Executives
(DBN)

Ex-Citigroup Executive Foster Pleads Guilty to Bank Fraud
(DBN)

Social Security Pays Millions to Dead People
(DBN)

Ex-Media Baron Black Back to Prison
(DBN)

______________

Economy:

U.S. Economy 'Unlikely' to Need Additional Easing, Fed's Kocherlakota Says
(DBN)

Absent 'massive stimulus,' world headed for another Great Depression: Roubini
(DBN)

Is the World Doomed to Another Depression?
(DBN)

NY Fed economists urge coordinated mortgage, unemployment aid
(DBN)

Treasuries Most Expensive Ever on Safety Bid
(DBN)

50% of Wealthy Agree with Buffett on Tax Hike
(DBN)

G7 to seek ways to revive global growth
(DBN)

Fed Stimulus Speculation Fuels Strong Demand For 30-Yr Treasurys
(DBN)

Bank Rules Could Hurt World Economy
(DBN)

The Fallacy Behind Tax Holidays
(DBN)

Obama Mulls Tax Cuts Beyond Republican Plans
(DBN)

Is Congress Hurting the US Economy?
(DBN)

Many Boomers Don't Plan to Leave Inheritances
(DBN)

US Company Risk Gauge Jumps to 1-Year High on '08 Comparisons
(DBN)

Figures on government spending and debt
(DBN)

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

US falls to 5th in global competitiveness
(DBN)

Supercommittee Pits Lobbying Firms’ Clients Against One Another
(DBN)

Can the Middle Class Be Saved?
(DBN)

Working Age Poor at Highest Levels Since 1960s
(DBN)

US service sector picks up, jobs still a worry
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

MBIA settles lawsuit over mortgages for $68 million
(DBN)

Mortgage suits inflict super-damages on banks
(DBN)

Big banks could tighten lending following FHFA lawsuit
(DBN)

FHFA Says Estimates on Damages From 17 Banks Are Premature
(DBN)

Owner occupancy, LTV discrepancies at heart of FHFA lawsuits
(DBN)

Lawmaker wants oversight of any FHFA, bank deal
(DBN)

Mortgage Claims by U.S. Impede Recovery, Must Be Halted, FBR's Miller Says
(DBN)

FBR’s Paul Miller, Banking’s Latest Cheerleader
(DBN)

FHFA defends lawsuits against major banks
(DBN)

The Mystery Woman Who Just Got Sued More Than Anyone Else By The FHFA
(DBN)

The Government's Case Against The Banks
(DBN)

Banks Said to Balk at 'Robo-Signing' Offer
(DBN)

Surprise! Securitization Liability Release Part of Foreclosure Fraud Settlement
(DBN)

Iowa AG Tom Miller offers a broad "bank settlement" proposal
(DBN)

50 State Attorney General Effort to Sell Out to Banks Makes Even More Egregious Offer
(DBN)

Why Banks Think Their Get-Out-of-Jail-Free Card Isn’t Good Enough
(DBN)

U.S. Takes Hard Line in Suits Over Bad Mortgages
(DBN - NY Times - Paywall Limit Possible)

The Mortgage Crisis, MERS, and Chapter 13
(DBN)

Tainted Signatures: Illegal Mortgage Paperwork Widespread
(DBN)

Trusts Say Bank of America Plays a Mortgage 'Shell Game'
(DBN)

WMC Mortgage, Equifirst Sued by Trustee on $550 Million in Mortgage Loans
(DBN)

Medication for Middle-Class Mortgage Mania
(DBN)

Mortgage Modifications Near 5 Million
(DBN)

Will shadow inventory of homes prolong housing slump?
(DBN)

Existing Home Inventory continues to decline year-over-year
(DBN)

Morgan Stanley finds investors highly receptive to bulk REO sales idea
(DBN)

High court in Massachusetts upholds law aimed at blocking certain evictions
(DBN)

Is the Government Going to Lower Everyone's Mortgage Payment?
(DBN)

Fannie, Freddie adding limits on mortgages
(DBN)

June home prices rise but seasonal effects cited
(DBN)

The Fall And Rise Of The Housing Market
(DBN)

Discounted homes attract global buyers
(DBN)

IA: Judge rejects disclosure statement, allows foreclosure order for Keck building
(DBN)

_____________

Mail:

Postmaster general wants major cost-saving changes
(DBN)

White House To Propose Short Term Plan To Bail Out The Post Office
(DBN)

Crunch time at US Postal Service: Five questions about post office closings.
(DBN)

11 Things You Should Know About The US Postal Service Before It Collapses
(DBN)

Do We Need the Postal Service?
(DBN)

Obama plan to seek remedy for struggling US Postal Service
(DBN)

Tough Realities for the US Postal Service
(DBN)

How to solve the Post Office's problems
(DBN)

Fedex May Feel Squeeze of Postal Service Cuts
(DBN)

Northrop May Feel Squeeze of Postal Service Cost Cuts
(DBN)

Postal Service Seeks Cuts from Suppliers
(DBN)

______________

Banking:

The great bank robbery
(DBN)

Bank Of America Should Declare Bankruptcy
(DBN)

BofA announces reorg; Price, Krawcheck leave
(DBN)

EU's Most Troubled Bank's CEO Bails
(DBN)

Georgia bank failures reach 70 since financial crisis
(DBN)

Grogan Associates files Ch. 11
(DBN)

______________

Golf:

Pulte Homes scoops up 156-acre golf course in Acton
(DBN)

Doral Golf Resort Owner Agrees to $170 Million Sale of Miami Property
(DBN)

______________

Health Care:

6 New York Hospitals Face Possible Cut Backs, Closures
(DBN)

New Research Links Foreclosures To Health Problems
(DBN)

______________

Weather:

Texas Fires: More Than 1,000 Homes Burned
(DBN)

______________

Politics:

Elizabeth Warren steals the show ‎
(DBN)

What's up with Elizabeth Warren
(DBN)

Scott Brown Popularity Remains Above 50 Percent
(DBN)

Will Elizabeth Warren Take On Scott Brown? ‎
(DBN)

MassINC poll shows Elizabeth Warren close to Scott Brown ‎
(DBN)

Mass. Poll: Sen. Brown Leads Warren by 9 Points
(DBN)

Senate Republicans Favored to Win Back Control of Chamber in 2012
(DBN)

Romney Calls for Eliminating Some Middle-Class Taxes
(DBN)

Score one for the Romney campaign
(DBN)

Romney’s jobs plan is typical. His economic team isn’t.
(DBN)

Hoffa On Tea Party: "They Declared War On Us, We Didn't Declare War On Them"
(DBN)

Ron Paul to attack Rick Perry
(DBN)

The Odd Jobs of Members of Congress
(DBN)

Obama's Poll Numbers Hit New Record Low
(DBN)

_____________

Hollywood:

Kerner Optical, special effects spin-off from Lucasfilm, shuts down
(DBN)

______________

RVs:

Fleetwood bankruptcy still unwinding in court
(DBN)

______________

Retailing:

Mall To Be Auctioned by Bankruptcy Court
(DBN)

______________

Secured Credit:

Securing a loan to a broadcaster, bankruptcy cases and liens on licenses
(DBN)

______________

Municipalities:

Teachers Distressed Over Wis. Collective Bargaining ‎
(DBN)

Families Feel Sharp Edge of State Budget Cuts
(DBN)

Some Improvement Districts Don't Recoil From Chap. 9
(DBN)

______________

Religion:

Insurers in diocese bankruptcy balk at $15M payout
(DBN)

Kenny stands firm over Vatican row
(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:

Raser, Doral, Garlock, Sbarro, ShengdaTech, Barzel
(DBN)

______________

Venue:

Some Thoughts on Chapter 11 Venue
(DBN)

______________

Insurance:

What to Watch Now in the World of D&O
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Compensation:

Borders Seeks Six-Figure Payments for Ex-CEO, Others
(DBN)

______________

Corporate Governance:

US CEO Turnover Now at 6-Year High
(DBN)

Creditor cannot sue LLC directors over insolvency, court says
(DBN)

______________

IP:

Chapter 11 Auction of Borders' Intellectual Property to Be Held on September 14th. Likely Suitors Include Amazon, Barnes & Noble, and Apple
(DBN)

Next Jump to stop emailing Borders customers
(DBN)

______________

Insurance:

D&O Diary: The Back-to-School Issue
(DBN)

______________

Corporate Reform:

Senate holds hearing for consumer agency nominee
(DBN)

GOP accused of 'playing games' with Cordray's nomination
(DBN)

Single director for CFPB key issue during Cordray confirmation hearing
(DBN)

GOP Won't Confirm Head of Consumer Agency
(DBN)

Live Blog : Cordray Nomination Hearing
(DBN)

Sen. Shelby: Cordray's Nomination Is D.O.A.
(DBN)

Minn. AG sues short-term loan companies
(DBN)

Regulatory reforms suspected of dragging down economic growth
(DBN)

SEC Still Destroying Records Illegally
(DBN)

The Price of Blowing the Whistle on the EPA
(DBN)

Dodd-Frank Forces Early Call in SEC Probe of Former Fannie Mae Chief Mudd
(DBN)

______________

Baseball:

Dodgers bankruptcy : Creditors ask to hire million-dollar advisors
(DBN)

______________

Personal Finance:

Do you spend less when you pay cash?
(DBN)

______________

Paper:

Paper group NewPage files for Chapter 11
(DBN)

______________

Food/Drink:

More restaurants are targeting customers who use food stamps
(DBN)

______________

Aviation:

AirBaltic saved from bankruptcy by Latvian government
(DBN)

______________

Distressed Investing:

Alden Global hedge fund down 13 pct in Aug -letter
(DBN)

______________

UK:

British Pound Declines Against Euro After Report on Falling House Prices
(DBN)

UK high street faces more closures as retail sales slide
(DBN)

More retailers to hit the wall following poor trading
(DBN)

Colliers predicts more worries for UK commercial property investment
(DBN)

Female insolvencies hit record levels
(DBN)

Unemployed, indebted left stranded by Citizens Advice Bureau cuts
(DBN)

Bridge pre-pack could have achieved best result, says KPMG
(DBN)

UK wants differentiated response to global crisis
(DBN)

Appointment of Administrators - 6 September 2011
(DBN)

Winding Up Petitions - 6 September 2011
(DBN)

______________

EU:

In Euro Zone, Banking Fear Feeds on Itself
(DBN)

Europe Likely to Go Into Recession
(DBN)

Soros: Eurozone Crisis Could Be Worse Than Lehman
(DBN)

Can the Eurozone Become a 'United States of Europe'?
(DBN)

End Of Euro Would Mean Rioting In The Streets
(DBN)

So We're Agreed: The European Union Is Falling Apart
(DBN)

UBS: Euro break-up - the consequences
(DBN)

JP Morgan explains the euro crisis with lego
(DBN)

The Eurobond Conundrum
(DBN)

Europe’s lethal uncertainty
(DBN)

German Bunds resume gains on renewed Greek worries
(DBN)

German MPs to demand veto as highest court rules on legality of Greek bailout
(DBN)

Court Limits Germany's Ability to React to Debt Crisis
(DBN)

German court gives MPs bigger say in euro bailouts
(DBN)

______________

Canada:

Assignment Without Consent: Caveat Counterparty
(DBN)

______________

Switzerland:

SNB stuns market with franc action
(DBN)

Swiss Franc Plunges Most on Record
(DBN)

Swiss To Everybody Else: Go Away. Now.
(DBN)

______________

PIIGS:

Greek Bailout, Merkel's Majority In Doubt
(DBN)

Here's Why Greece Leaving The EU Could Cause Another Depression
(DBN)

Italy and Greece backsliding shakes euro zone
(DBN)

Greek borrowing costs hit new record
(DBN)

Greek bonds price more losses for holders after swap
(DBN)

Greek debt swap take-up at 75 pct -report
(DBN)

Ruling in Greek Aid: German Court Rejects Challenges to Euro Bailouts
(DBN)

Wolfgang Schäuble: no more money for Greece unless IMF and ECB report is positive
(DBN)

Greece's 10-year bonds fall on bailout concern
(DBN)

Berlusconi Cabinet Will Call for Confidence Vote on Revised Austerity Plan
(DBN)

Italian workers strike against austerity measures
(DBN)

Italian strike against cuts piles pressure on govt
(DBN)

Italy austerity plan faces Senate confidence vote
(DBN)

______________

Australia:

Yields Drop as Europe to Damp Slowest Growth in 20 Years
(DBN)

Dent in sales caused crash of Rick Damelian car empire
(DBN)

$750 million Port of Airlie placed into receivership
(DBN)

______________

India:

Services sector growth slows to over 2-year low
(DBN)

______________

China:

China services sector growth weakest on record
(DBN)

______________

MENA:

Rebels Say Gaddafi is Surrounded
(DBN)

Arab Finance Chiefs Discuss Regional Unrest
(DBN)

______________

 

 

 

 

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Copyright 2011