April 16, 2012

The Daily Bankruptcy News

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Law:

Retired Coudert Partners Lose Second Bid to Recover Unpaid Benefits
(DBN)

The NLJ 350
(DBN)

Gallop Johnson & Neuman Mulls Possible Wind-Down After Polsinelli Merger Talks End
(DBN)

Celebrity chef Bouley dishes up libel lawsuit against attorney
(DBN)

Best Buy Board Hires Law Firm William Hale
(DBN)

Crowell & Moring Sued; Ex-Client Claims $15M Lost Due to Embezzlement by Then-Associate of Law Firm
(DBN)

Norton Rose Wants U.S., China Law Firm Mergers, CEO Says
(DBN)

Given 2 Years, Defendant Flees, Is Chased Down in Court Hall and Tackled by Prosecutor
(DBN)

Chicago-Area Lawyer Didn’t Make a ‘Rational Decision’ When He Hired a Contract Killer to Off a Former Client
(DBN)

NJ: Big Earners Are Back on Track
(DBN)

Law Revue Video Contest: Dishonorable Mentions
(DBN)

Law School Transparency: Money Heaven
(DBN)

Chasing Affiliation with Prestige Brand names: Diminishing Returns
(DBN)

American University Law Students Sing for Jobs
(DBN)

"If you attend the University of Kansas School of Law, odds are you will not become a lawyer"
(DBN)

Fairly Legal delves into bankruptcy
(DBN)

Say What?!
(DBN)

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Judges:

Texas Judges' Misdeeds Kept Secret
(DBN)

Fla. Approves New Rule Prohibiting Judges from Lobbying
(DBN)

Did The Founding Fathers Back Health Insurance Mandates?
(DBN)

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Wall Street:

US stock futures signal slight gains for shares
(DBN)

S&P 500 Has Worst Week This Year Amid Global Economic Concern
(DBN)

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Layoffs:

Geithner hits Romney's 'ridiculous' remarks on women's job losses
(DBN)

Finance Job Losses Hit Women Harder
(DBN)

Why women weather recessions better than men
(DBN)

Credit Suisse Could Fire 5,000 Workers
(DBN)

Percent Job Losses: Great Recession and Great Depression
(DBN)

More workers are quitting their jobs, and that’s a good thing
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Consumer Bureau Declines to Resist Upfront Credit Card Fees
(DBN - NY Times - Paywall Limit Possible)

Obama Prepares for Financial Crisis Prosecutions
(DBN)

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Celebs:

The play-by-play of Warren Sapp's 59-page bankruptcy filing
(DBN)

The Broke and the Beautiful: Warren Sapp Edition --- Sapp: Options were bankruptcy or jail
(DBN)

Lionel Richie Owes IRS $1.1 M in Back Taxes
(DBN)

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Municipalities:

California city, known for Olympic training, faces bankruptcy
(DBN)

Can This Guy Keep LA From Going Bankrupt?
(DBN)

Receiver won't appeal Central Falls school control
(DBN)

Stockton Can Suspend Police Accrued Vacation Payouts, Judge Says
(DBN)

Stockton not only California government in financial distress
(DBN)

In Yonkers, a Strong Dose of Reality, bankruptcy possible
(DBN)

In California, Economic Gap of East vs. West
(DBN)

With lax oversight, mismanaged Oregon towns veer toward insolvency
(DBN)

Munis may take it in the teeth after all
(DBN)

America's Most Affordable Cities
(DBN)

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Personal Finance:

Ohio man, slain wife had filed for bankruptcy
(DBN)

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Fraud:

Judge to Decide Whether Bankruptcy Court Can Still Weigh In on Madoff Cases --- To review moving hundreds of Madoff cases
(DBN)

Madoff Trustee Proposes BLMIS Settlement
(DBN)

Fairfield Sentry Sues to Recover $115 Million From Offshore Bank
(DBN)

Narco-Banker: The Allen Stanford Story
(DBN)

E-discovery dispute over RRA data grinds on
(DBN)

Ex-Analyst Pleads Guilty In ‘Criminal Club’ Insider Case
(DBN)

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Mass Torts:

Pfizer Will Plummet On New Quigley Lawsuit Developments
(DBN)

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Education:

ACT College Files for Bankruptcy , President Defends School
(DBN)

College ROI
(DBN)

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Bankruptcy Compensation:

Bankruptcy Salary Roll Back Could Become a Trend
(DBN)

______________

Student Debt:

Ed. Dept. Under Fire for Student Loan Collection Practices, Contractors
(DBN)

Collection Agency Expanding Office, Hiring 250 People
(DBN)

______________

Lehman:

Lehman UK Unit Plans To Start Paying Creditors By Year-End
(DBN)

______________

Consumer Finance:

Things Starting To Smell Like 2008 All Over Again
(DBN)

______________

Alternative Energy:

S&P revises Solar Capital outlook to negative
(DBN)

Solar Prices Drop More
(DBN)

______________

Politics:

Bachmann Says Gender Wars All About The Economy
(DBN)

Romney Seeks Extension on His Tax Returns
(DBN)

Mitt Romney flashback: Stay-at-home moms need to learn ‘dignity of work’
(DBN)

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Retailing:

Best Buy sets 50 closures
(DBN)

______________

Hotels:

East Hartford hotel facing foreclosure
(DBN)

______________

Mail:

The End of Saturday Mail is Coming
(DBN)

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Economy:

Bernanke: Lack of Oversight Worsened Crisis
(DBN)

Consumer Sentiment Dips
(DBN)

Geithner stumps for 'Buffett Rule' before vote
(DBN)

Geithner Urges U.S. Lawmakers to Leave Drama Out of Debt Limit
(DBN)

Economy Can Handle Higher Gas Prices: Geithner
(DBN)

Coming Soon: 'Taxmageddon '
(DBN)

The Honey Fungus
(DBN)

Obama Pays Lower Tax Rate Than Secretary --- Gallup: 60% Agree with Buffett Rule
(DBN)

What America Pays in Taxes
(DBN)

G20 Meets as Global Economy Hits Rough Patch
(DBN)

Treasury: Taxpayers Likely to Profit From Financial Rescue Programs
(DBN)

How Baby Boomers are Picking Retirement Age
(DBN)

The 1% and the 99% - The political economy in 4 charts
(DBN)

US Debt Clock
(DBN)

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Real Estate:

US Home-Buying Season Finally Signaling A Recovery
(DBN)

US Home Prices By City, At A Glance
(DBN)

CFPB reminds mortgage firms of third-party liability
(DBN)

Ally's ResCap Loan May Precede Bankruptcy , Fitch Says
(DBN)

An $87 Million Newport Coast Mansion Heads To Bankruptcy Auction
(DBN)

The zombie files: Nearly 7,000 stagnating foreclosure cases lie dormant in Palm Beach County’s courts
(DBN)

Zell Signal for Lehman's Archstone
(DBN)

Blum Capital to launch distressed real-estate fund ‎
(DBN)

Bank of America CEO Moynihan must testify in MBIA lawsuit -- judge
(DBN)

10 States Where Homebuyers Are Saving Big On Foreclosed Homes
(DBN)

B of A Exploring Large Bulk Sale of Foreclosed Homes
(DBN)

NY judge bites banks
(DBN)

Private equity groups going after foreclosures
(DBN)

Pressure Mounts On DeMarco Over Principal Reductions
(DBN)

Home In A Home As Families Live Together Longer
(DBN)

Robert Shiller: Housing Is Not An Investment
(DBN)

The 21 Most Expensive Homes For Sale In New York City
(DBN)

____________

Food/Drink:

Twinkies maker Hostess gives unions 'final' offer --- No hope for Hostess union deal: CEO
(DBN)

NJ Hostess workers forced to take severe pension cuts
(DBN)

Oklahoma City firm buys Dippin' Dots
(DBN)

'Pink Slime' Furor Means Disaster for U.S. Meat Innovator --- Your illustrated guide to "pink slime," "white slime" and "advanced meat recovery"
(DBN)

Reddy Ice Bankruptcy and $AGUNF
(DBN)

12 Worst Supermarkets in America
(DBN)

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Banking:

Why Citigroup's Earnings May Surprise
(DBN)

Obama Bid to End Too-Big-to Fail Undercut as Banks Grow
(DBN)

Unofficial Problem Bank list declines to 944 Institutions
(DBN)

______________

Baseball:

Baseball 'Has Issues' With Dodgers Sale, MLB Lawyer Says --- Bankruptcy judge approves sale of Dodgers despite MLB objection
(DBN)

Time Warner Cable Could Mull Dodgers Stake For TV Pact
(DBN)

Dodgers Reach Agreement With Fox Over Sale, Lawyers Say
(DBN)

______________

Religion:

In bankruptcy, religious order tries to cap damages from molestation charges
(DBN)

Dublin mass goers to be asked to bankroll Church's growing debts
(DBN)

Archbishop Shredded List Reporting 35 Active Pedophile Priests --- Expert: Shredding priest list 'obstruction cubed'
(DBN)

Lawyer calls for ''parishioners revolt''
(DBN)

Suicides linked to Catholic clergy abuse
(DBN)

Has the Catholic hierarchy really committed to root out abusive priests?
(DBN)

______________

Golf:

Ellinwood CC files for bankruptcy
(DBN)

Colonial Golf Club brain-storming session draws dozens in Harahan
(DBN)

Princeton developer put in winning foreclosure bid on golf course
(DBN)

______________

Restructuring:

Kodak Seeks More Time for Restructuring
(DBN)

_____________

Gas Stations:

BP gas deliveries may resume soon
(DBN)

______________

Horse Racing:

Feds reject 2nd deal for Prescott racetrack
(DBN)

______________

Tax:

Bankrupt JK Harris founder testifies money all gone; ordered to give boat to creditor
(DBN)

Bank of New York Case Tests IRS Power to Halt Foreign Tax Abuses
(DBN)

______________

MF Global:

MF Global awaits distribution decision
(DBN)

US Trader attacks Deloitte for prolonging plight of MF Global clients
(DBN)

MF Global exec publicly touted customer safeguards
(DBN)

______________

Banking:

What Would Happen if a Big Bank Failed?
(DBN)

Resolution, Orderly and Otherwise: B of A in OLA
(DBN)

______________

Utilities:

Beartooth co-op seeks to nullify SME contract
(DBN)

______________

Debt Collection:

Bags O' Money Sentenced
(DBN)

U.S. Debt Collections Industry Worth $12.2 Billion
(DBN)

“Interesting Times” for Debt Collection Attorneys
(DBN)

Debt Collectors Increasingly Using Abusive Threats, Insults, Lies: Report
(DBN)

______________

Franchises:

One of Valvoline's Largest Instant Oil Change Franchises Files Chapter 11
(DBN)

______________

Autos:

GM's Mr. Fix-It Tackles Opel Mess
(DBN)

______________

New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (38 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (132 new filings today)
(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:

Bankruptcy Week Ahead
(DBN)

Rochelle on Direct Air, Arcapita, Acquisition Targets (audio)
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy cases keep dwindling in Buffalo region
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Professional Compensation:

The Case for Value Billing in Chapter 11
(DBN)

______________

Secured Claims:

2011: A Reminder to Secured Creditors to Take Nothing for Granted
(DBN)

______________

Litigation:

Practice Pointers for Working With Expert Witnesses in Bankruptcy Court
(DBN)

Another Mistrial Declared After Modern Technology Unacceptably Intrudes into Court
(DBN)

Practitioner Discovery Tip: Your Discovery Objection is Meaningless (Shh, Don't Tell the Client).
(DBN)

______________

Private Equity:

The year in PE bankruptcies
(DBN)

PE's dining casualties
(DBN)

______________

Aviation:

American attendants end talks as carrier works to void contracts
(DBN)

American Airlines flight attendants raise the $64000 question
(DBN)

Union asks politicians to keep quiet on bankruptcy
(DBN)

Sen Hutchison's Statement on American Airlines
(DBN)

Gov. Fallin: American Airlines' independence best for Oklahoma
(DBN)

George Will: Riding out the storm on high
(DBN)

Hawker Beech Warns Shareholders
(DBN)

Govt plans for Air India half-hearted
(DBN)

______________

Health Care:

The closing of Cheboygan Memorial Hospital CMH unlikely resolved before April 30 --- Nurses: Little Hope For Deal In Cheboygan
(DBN)

PA Hospital's Deficiencies Detailed in CAP
(DBN)

Bankrupt hospital in immediate jeopardy owes $2.3M to vendors
(DBN)

L&M still interested in Westerly Hospital
(DBN)

______________

Forest Products:

Oregon lumber company files for bankruptcy
(DBN)

Heavyweight shareholders join Sino-Forest fight
(DBN)

______________

Derivatives:

JPMorgan trader's derivative bets fuel debate on bank risks
(DBN)

______________

Orchestras:

Orchestra bankruptcy drags on
(DBN)

______________

Sovereigns:

G20 Likely To Raise IMF's Resources For Fighting Sovereign Debt Crisis By Up To $500 Billion
(DBN)

______________

UK:

Middle class Scots could be insolvency “slaves”
(DBN)

Crisis Gets Personal After U.K. Traders' Spread-Better Fails
(DBN)

Tories Call For Bankruptcy Law Reform
(DBN)

UK home loans plummet as first time buyers and buy let investors can’t get finance
(DBN)

U.K. close to agreeing to new IMF commitment
(DBN)

______________

EU:

Corporate Bond Risk Rises in Europe, Credit-Default Swaps Show
(DBN)

Increasingly in Europe, Suicides 'by Economic Crisis '
(DBN)

EU Seeks New Curbs To Cap Bank Bonuses
(DBN)

European Economy Guide
(DBN)

George Soros Nails It: Why The Situation In Europe Is Only Getting Worse
(DBN)

______________

PIIGS:

Spain again to test investors' nerves
(DBN)

Property becomes the bane of Spain
(DBN)

Spanish banks face funding lock-out
(DBN)

Spanish credit-default swaps hit record level
(DBN)

Spanish Sovereign Bond Yields Top 6% as Debt Crisis Flares
(DBN)

Krugman: "Insane in Spain"
(DBN)

Spain Passes Law To Crack Down On Regional Deficits
(DBN)

Concerns on Spain and Italy Show Euro Crisis Is Not Over
(DBN)

Greeks reject EU-IMF plan, want coalition rule: polls
(DBN)

Prospect Of Easing Ireland's Debt Burden Played Down
(DBN)

______________

Canada:

Nortel gets extension of stay of proceedings
(DBN)

______________

Asia:

Asia-Pacific Bond Risk Falls, Credit-Default Swap
(DBN)

______________

MENA:

Will insolvency proceedings leave Drydocks World high and dry?
(DBN)

______________

China:

Chinese Developer Stumbles
(DBN)

Chinese Company Said Linked To Bo Xilai Denies Bankruptcy Report
(DBN)

______________

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Copyright 2012