February 13, 2012

The Daily Bankruptcy News

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Law:

Merger Mania: Fulbright and Pillsbury Are Talking
(DBN)

Barneys Tries Kirkland on for Size
(DBN)

Rising expenses hammer margins
(DBN)

Law Firms' Profits Grew 3.3 Percent in 2011, Citi Report Says
(DBN)

New Law Firm Rises from Ashes of Foreclosure Giant
(DBN)

Content Marketing: Perfect for legal sector
(DBN)

Haynes and Boone to Serve As Special Counsel to the SIPC Trustee of MF Global Inc., the U.S. Broker-Dealer Unit of MF Global Holdings, Ltd.
(DBN)

King & Spalding posts double-digit PEP increase
(DBN)

Herbert Smith Assembles Team to Head N.Y. Launch
(DBN)

Fifty-Something Law Grad Found BigLaw Job a Tough Gig But Has No Regrets About Earning a JD
(DBN)

Miss. Supreme Court Takes Up Constitutionality of Ex-Governor’s Pardons
(DBN)

Yale Law Loan Forgiveness Program, While Still Generous, Requires Grads to Pay More
(DBN)

Duncan Law Losing Applicants, Students in Wake of Accreditation Denial
(DBN)

Will Sued Law Schools Take A Hit To Their Credit Ratings? --- Fraud suits against law schools 'credit negative': Moody's
(DBN)

Dean of Students Gets Networking Advice All Wrong
(DBN)

Desperately Seeking Michael: Help This Girl Find Her Missed Connection at BU Law!
(DBN)

Law Students: New "third place" is Panera
(DBN)

The Risks of Taking Your Electronic Devices Abroad
(DBN)

More About CloudOn for Lawyers
(DBN)

Welcome to Bloomberg Law: No Deals No Discounts No Apology
(DBN)

Warner Bros Lawyers Dig In Garbage Over ‘The Last Samurai’ Lawsuit
(DBN)

A Freeh hand on governance
(DBN)

Whitman Capital, BNY Mellon, Apple, Bayer, EPA in Court News
(DBN)

BofA, JPMorgan in Mortgage Accord, Citigroup, Wynn-Okada in Court News
(DBN)

So We Need Lawyers to Torture People Now
(DBN)

The Big Picture
(DBN)

From Biglaw to Boutique: ‘There’s a Practice Guide for That’
(DBN)

50ish & Out of the Game: Coming to terms with loss of legal career
(DBN)

Allen & Overy abolishes mandatory retirement at 60
(DBN)

Jeff Moorad Donates $5 Million To Villanova Law; Creates Center for the Study of Sports Law
(DBN)

Guardian for Polo Mogul’s Other Kids Seeks to Reverse Dad’s Adoption of 42-Year-Old Girlfriend
(DBN)

Ex-BigLaw Associate Loses Law License for 3 Years Due to Domestic Incident With Girlfriend
(DBN)

What A Lawyer Does
(DBN)

Utah Officials OK Execution by Firing Squad
(DBN)

'We must boast about how rich we are'
(DBN)

Sister in fugitive Dougherty gang enters plea deal in Colorado court
(DBN)

Woman Set to Plead Guilty to 1987 Hospital Kidnapping of Newborn
(DBN)

Mug Shots: Photo Fun Match Game
(DBN)

Lawyer wants jinn to testify in court
(DBN)

"Piggyback Bandit"
(DBN)

Inmate Sues Himself for Violating His Civil Rights
(DBN)

LA County OKs Hefty Fine For Throwing Football, Frisbee On Beaches
(DBN)

"Pre-Crime" Unit Coming to N.J.
(DBN)

Man Busted For Solo Performance Outside Jail Where Girlfriend Is Serving Time
(DBN)

Say What?!
(DBN)

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Judges:

Judge Arrested at His Hotel Room on Pot Charge Is Bailed Out in Time to Attend Courts Conference
(DBN)

More than 400 attend memorial for federal judge Wesley Brown, 104
(DBN)

Supreme Court justices are being served on late-night television
(DBN)

Supreme Court Justice Elena Kagan should speak up on recusal
(DBN)

Rakoff: DOJ may have engaged in a 'shuffle' in SCOTUS brief
(DBN)

Court of secrecy: How a drug-addicted judge stayed on the bench despite warnings
(DBN)

Famous Spanish Judge Convicted of Misusing Authority
(DBN)

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Wall Street:

US Stock Futures Rise as Greek Parliament Approves Austerity
(DBN)

Stocks, Euro Rise as Greece Approves Austerity Plan
(DBN)

Nikkei rises after Greek approves austerity steps
(DBN)

Investors keep wary eye on Greece
(DBN)

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Layoffs:

Construction job cuts account for one-third of 4Q mass layoffs
(DBN)

Are More Jobs Coming in 2012?
(DBN)

These Stories Will Make You Want To Get Down On Your Knees And Thank Your Boss
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

College debt burden driving more toward bankruptcy
(DBN)

NACBA warns of student loan "debt bomb"
(DBN)

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Celebs:

T-Boz Accused of Being a Scrub in Bankruptcy Case --- Bankruptcy Case Dismissed
(DBN)

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MF Global:

MF Global trustee sees $1.6 billion claims gap
(DBN)

MF Global : It's Not Over Until It's Over
(DBN)

MF Global’s $310 Million Margin Call on Last Day Exceeded Its Market Value
(DBN)

UK: MF Global returns £7.6m to clients
(DBN)

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Municipalities:

Bankruptcy for Detroit?
(DBN)

City: 'Not entirely clear' how Prov. avoids bankruptcy , tax hike --- No solution seen to budget gap
(DBN)

Harrisburg mayor confident city will avoid bankruptcy
(DBN)

Jefferson County, Ala. bonds off watchlist-S&P
(DBN)

Pennsylvania’s Scranton Strains Under Ruling Cutting Fiscal Repair Measure
(DBN)

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Health Care:

Hudson Reporter - Is Christ Hospital still for sale? Bankruptcy papers indicate finding new owner not closing is still goal
(DBN)

Trust set up by RI's ex-nursing home exec frozen
(DBN)

House members urge reopening of bankrupt hospitals
(DBN)

Emergency room misuse contributes to overcrowding
(DBN)

Nevada Cancer Institute plan heads to confirmation
(DBN)

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Religion:

Lawsuit against Vatican withdrawn

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Banking:

UBS' CoCo to be permanent write-down litmus test
(DBN)

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Economy:

Consumer sentiment down for first time since August
(DBN)

Obama to Congress: Pass Payroll Tax Cut
(DBN)

Economists Wrong: US Economy Recovering
(DBN)

US Median Household Income Up 4%
(DBN)

Why Your Tax Bill May Jump by $8,000
(DBN)

Rick Santorum Is Right: Gas Prices Caused the Great Recession
(DBN)

Across the Country, Looking for the Recovery
(DBN)

Treasury Contemplating TARP Closeout Sales?
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Mortgage Deal Doesn't Let Lenders Off Hook
(DBN)

The Mortgage Deal Is Done, but Hold the Applause --- Mortgage Settlement Pisses Into the Wind --- Whatever happened to signing on the dotted line? --- Robosigning and gutter service
(DBN)

Mortgage deal could help many avoid court, but backlog remains
(DBN)

Massachusetts subpoenas Bank of America documents
(DBN)

Lack of lending to creditworthy borrowers restricting housing: Bernanke
(DBN)

Loss-severity rate on conduit loans more than 60% on 1998 vintage
(DBN)

FHFA's Fake $100 Billion Number
(DBN)

Nevada strikes separate $780 million settlement with BofA
(DBN)

Carrington hedge fund, American Home settle 3-year REO battle
(DBN)

House keeps GSE bonus ban, mortgage disclosures in STOCK Act
(DBN)

Mastro associate forced into bankruptcy
(DBN)

Judge approves Rarity Pointe financing bid
(DBN)

Connecticut is among hardest hit by mortgage foreclosures
(DBN)

Mortgage Problems ? Turn Your House Into A Billboard
(DBN)

Details emerge on Rep. McKeon's Countrywide loan
(DBN)

Fannie defends ending pilot principal-reduction program
(DBN)

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Aviation:

AMR bankruptcy : Retirees group files for involvement in case
(DBN)

AA's Plan to Ditch Pensions Riles Feds, Unions
(DBN)

American Needs Merger Flight Plan
(DBN)

Rescuing American Airlines
(DBN)

Update on American Airlines bankruptcy: union activities
(DBN)

Phila. to Boston: The airfare tyranny of the monopoly
(DBN)

Anti- bankruptcy bonus offered HB chief
(DBN)

Airlines need 33,500 new planes by 2030
(DBN)

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Compensation:

US Is Asked to Review Bankruptcy Bonuses
(DBN)

Teamsters Oppose Court Approval of Hostess CEO's Contract
(DBN)

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Autos:

Saab Dealers Driving to Maserati With Unfolding Bankruptcy
(DBN)

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Photography:

Tax impact slight under Kodak's bankruptcy
(DBN)

Calumet Photography to take over remaining Penn Camera stores
(DBN)

Class Action Against Kodak Officers and Directors
(DBN)

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Baseball:

Dodgers bankruptcy piles up record expenses
(DBN)

Mets Used Madoff Money for Deferred Compensation, Picard Says
(DBN)

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Corporate Reform:

Volcker to Push Back on Banks' Trading
(DBN)

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Alternative Energy:

More Solyndra glass being scrapped for a loss
(DBN)

US could lose $2.7 billion on clean-energy loans
(DBN)

US Energy Dept needs loan oversight overhaul-review
(DBN)

Energy Loans a Safer Bet for U.S. Than Congress Anticipated, Review Shows
(DBN)

Q-Cells calls creditor meeting to postpone bond
(DBN)

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Retailing:

Frustration arrives with Borders deal
(DBN)

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Mass Torts:

Physicians, academics want independent review of McGill asbestos research
(DBN)

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Lehman:

Barclays Asks US Court to Enforce $50 Billion Lehman Deal
(DBN)

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Bankruptcy Crimes:

Berg gets 18 years
(DBN)

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Tax:

Swiss bank declared "fugitive" in tax fraud case
(DBN)

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Rating Agencies:

No impunity for credit rating agencies
(DBN)

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Credit/Debit Cards:

This Man Has 50 Credit Cards
(DBN)

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Fraud:

Experts: Stanford's trial not won with 1 witness
(DBN)

Snagged by snitches: a legacy of secret government informants
(DBN)

Witness credibility is key in Ponzi scheme case
(DBN)

Tearful Stanford investor tells jury of losing life savings
(DBN)

Judge to have say in SIPC's role in Stanford claims
(DBN)

Stanford saga may be headed for big screen
(DBN)

Stanford's Lawyers Subpoena Attorney of Key Witness
(DBN)

In Stanford Trial, IRS Agent Tells of Big Deposits
(DBN)

Receiver alleges close Petters ties to bank
(DBN)

Fair Finance trustee investigation finds emails and a low credit score
(DBN)

Koch Industries Sued by Madoff Trustee for $21.5 Million
(DBN)

More questions for FL Ponzi schemer on $1.2B fraud
(DBN)

Indiana prison isn't Hecker's last stop, federal officials say
(DBN)

Hedge fund manager charged with insider trading
(DBN)

Whitman Capital Founder Accused of Using Tips From Rajaratnam Insider
(DBN)

Lawmaker Who Bet Against Markets Faces Insider Trading
(DBN)

Bachus Predicts 'Full Exoneration' in Ethics Investigation
(DBN)

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New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings
(DBN)- service resumed

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)

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Miscellaneous:

Madoff, Lehman, MF Global, Hostess, PFF, Kodak
(DBN)

Malev Liquidation, Nortel U.K. Unit, Danish Banks
(DBN)

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Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Standing:

The Third Circuit Broadly Interprets Section 1128(b)’s “Party in Interest” Standing Requirement
(DBN)

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Plan Confirmation:

Overpayment of Secured Creditor Violates Absolute Priority Rule
(DBN)

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Eligibility:

LLC Operating Agreements May Prohibit Bankruptcy Filings
(DBN)

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Avoidance Actions:

Forward Contracts Preference Exception Broadly Construed
(DBN)

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Politics:

Romney Vows Social Security, Medicare Cuts
(DBN)

Similarities Between Obama and Romney
(DBN)

Doesn't Matter Who's President
(DBN)

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Debt Collection:

Debt Collector Allegedly Makes Bogus 911 Suicide Call on Elderly Woman
(DBN)

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Turnarounds:

Turnaround Plans More Frequently in Place Before Filing for Chapter 11
(DBN)

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Student Debt:

$1 trillion in student loan debt fuels political fire
(DBN)

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UK:

UK banks missed lending targets to SME's in 2011
(DBN)

CBI sees recovery , no more stimulus from BoE
(DBN)

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EU:

Greek ratification of austerity lifts euro
(DBN)

German Leaders Maintain Pressure
(DBN)

Euro Gains After Greece Approves Austerity Measures for Bailout
(DBN)

Merkel Has Herself to Blame if Greece Defaults
(DBN)

Greece must close "bottomless pit," says Schauble
(DBN)

German Fin Min: Whether Greece Stays In Euro Zone Is In Its Own Hands
(DBN)

Why Germany's Already on the Hook for 450BN Euros
(DBN)

Europe's Banks on Track to Raise New Capital --- Economists Warn of Long-Term Perils in Rescue of Europe's Banks
(DBN)

S & P's Moritz Kraemer : Europe's AAA-rated Mr Scissorhands
(DBN)

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PIIGS:

Riots spread across Athens, at least 10 buildings set ablaze --- Pessimism Prevails as Greeks Again Take to the Streets
(DBN)

Greek MPs expelled over dissent --- Papademos Has Votes to Win Austerity Motion --- Greece's parliament passes new austerity deal as riots engulf central Athens --- Athens burns in face of bankruptcy threat --- Greece Austerity Riots Turn into Chaos --- Fin Min: Default Could Bring Greece to The Verge of Civil War --- Athens reeling from latest riots --- Fire and fury: Protesters clash with police --- Violence offers glimpse of Greece's reform challenge --- Greeks clean up after riots
(DBN)

Papademos Appeals to Greeks’ ’Historical Responsibility’
(DBN)

Berlin vows to maintain pressure on Greece
(DBN)

Greece MPs clear way for $170b bailout --- The 30 measures Athens must pass
(DBN)

A Gigantic Rally Is Happening In Athens
(DBN)

Greek pain to stay despite rescue package --- Austerity Package Doesn't Solve Anything
(DBN)

A bankruptcy plan to rescue Greece
(DBN)

Final act in Greek crisis yet to unfold
(DBN)

Greek PM: Greek Government Can't Allow Bankruptcy
(DBN)

Fury grows at Germany as Greece faces abyss
(DBN)

Tokyo Investors Show Interest in Holding Talks with Greece
(DBN)

Timeline : Greece's debt crisis
(DBN)

What if Greece had to get a new currency?
(DBN)

Greece Is A Lot Like Schrodinger's Cat
(DBN)

EFSF to Fund Greek Bond Buyback via ECB, Draft Legislation Shows
(DBN)

S&P Downgrades 34 Italian Banks
(DBN)

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Japan:

Japan's Economy Shrinks More Than Forecast on Export Slump
(DBN)

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Canada:

Bankruptcy files run by public servants badly administered: audit
(DBN)

Asbestos industry under fire ‎ --- Opposition reaches “critical mass” ‎
(DBN)

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France:

The French Housing Bubble You Never Hear Anything About
(DBN)

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China:

China tells banks to roll over local government loans
(DBN)

In Sharp Trade Drop, Hint of Slowing China
(DBN)

Our love-hate relationship with China
(DBN)

Chinese city forced into property U-turn
(DBN)

Blistering Growth In China's Inner Provinces
(DBN)

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Japan:

Fukushima operator TEPCO expects $8.95bn loss
(DBN)

Japan minister threatens to block Tepco bailout
(DBN)

Tepco Receives Government Aid, Averts Threat of Delisting
(DBN)

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MENA:

US Ups the Ante in Moving Towards Intervention in Syria
(DBN)

Egyptians Rally Against Military Rulers
(DBN)

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Hungary:

Hungarian Work-Outs
(DBN)

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