February 15, 2012

The Daily Bankruptcy News

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Law:

IBM General Counsel: Nonlawyer Ownership Is a Nonstarter
(DBN)

DLA Piper to Mexico: Will You Be My Valentine? --- Entire Thompson & Knight Team Joins DLA Piper for Valentine’s Day Launch in Mexico City
(DBN)

2011 numbers for Locke Lord’s gross revenue, net income, PPP and RPL
(DBN)

Kirkland's Profits Dip 1 Percent, Still Top $3 Million
(DBN)

Holland & Knight Sees Profits Climb 11 Percent
(DBN)

Finding Your Work-Life Balance
(DBN)

Inside Trading 'Club,' Citigroup, Total, Glaxo in Court News
(DBN)

Maryland Law’s Tuition Is Down, But So Is the Quality of Its Job Listings
(DBN)

Ranking Law School Websites: Cooley Ranks Near the Top!
(DBN)

Reprimand For Website Inattention
(DBN)

Lawyers Get Paid, 1 Client Gets $5K, 125K Others Zip If Judge OKs Pact in Suit Against Law Firm
(DBN)

Judge Refuses to Toss $50M Suit Claiming Yale Wrongly Confirmed Fake Degree
(DBN)

"A female officer helped her get reacquainted with her clothes"
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

Scalia Backs Work-Life Balance, Suggests Law Firms Based in Cleveland or ‘La La Land’
(DBN)

Chief Judge Says NY Courts Must Be ‘More Hospitable’ for Business
(DBN)

Judge Accused of Dismissing $268 in Personal Tickets Is Criminally Charged, Put on Paid Leave
(DBN)

No arrest in robbery Judge Breyer in Nevis
(DBN)

Justice Scalia makes up with University of Chicago
(DBN)

Congress looks for ways around Supreme Court
(DBN)

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Wall Street:

 

Euro, global shares rise as growth hopes trump Greece
(DBN)

Stocks stage late rally and finish flat
(DBN)

US Stocks Decline on Retail Data
(DBN)

Stocks fall as debate on Greek bailout continues
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

California's Ratings Outlook Is Revised to Positive by S&P
(DBN)

Prov. GOP leader says bankruptcy might be a good option
(DBN)

Harrisburg City Council discusses Act 47 Plan and bankruptcy
(DBN)

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Corporate Reform:

Volcker Rule Needs To Be Tougher, Former Citi Chair John Reed Says
(DBN)

Goldman Sachs, Morgan Stanley Say Volcker Rule Could Raise Risks
(DBN)

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Sports:

Glasgow Rangers enter bankruptcy
(DBN)

Why do teams named 'Rangers' go bankrupt ?
(DBN)

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Non-Profits:

State Fair of Virginia expects to present lenders plan to save fair next week
(DBN)

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Shipping:

Trailer Bridge moves ahead in bankruptcy proceedings
(DBN)

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Autos:

Mitt Romney Defends 'Managed Bankruptcy ' for Auto Firms in Op-Ed --- Attacks 'crony capitalism' of Obama's auto bailout
(DBN)

Romney's Hard Line On U.S. Auto Industry Good For Primary But Trouble Beyond
(DBN)

Fact Checking Mitt Romney On The Auto Bailout
(DBN)

Romney's Latest Attempt to Spin the Detroit Bailout
(DBN)

I Was There -- Why Romney Is Still Wrong on Michigan's Auto Industry
(DBN)

Romney Says US Should Sell GM Stake
(DBN)

Obama's Big, Fat Fib about Romney's Auto Bankruptcy
(DBN)

Saab dealers look to add 2nd brand
(DBN)

Opel Squandering GM's U.S. Profit Rankles Stock Investors
(DBN)

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Lehman:

JPMorgan to Pay Lehman Brothers $699 Million Under Agreement --- Uncontested by Creditors
(DBN)

It Was Lehman Wot Did It --- DeLong --- Revisiting Lehman - Lubben
(DBN)

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Auto Racing:

Irwindale Speedway group files for bankruptcy
(DBN)

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Bankruptcy Crimes:

Georgetown man pleads guilty to bankruptcy fraud
(DBN)

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Health Care:

Kentuckiana Medical Center offers new financing plan
(DBN)

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Economy:

January Retail Up Less Than Expected
(DBN)

Consumers Hold Back, Especially on Cars
(DBN)

Retail Up as Consumers Don't Hold Back
(DBN)

Obama Budget Would Simplify IRAs
(DBN)

GOP critics hit Obama's $3.8 trillion budget --- Proposed Obama budget includes surge in tax hikes
(DBN)

Obama wants to lower taxes for middle class by scratching the AMT
(DBN)

FactCheck: Obama's Budget Gimmicks
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

FHA REO Inventory declines to four-year low in December
(DBN)

Housing inventory declines may prove temporary
(DBN)

Mortgage delinquency rate up for second time since 2009
(DBN)

There's No Bank 'Settlement' -- That Was All Election PR
(DBN)

Was the Foreclosure Settlement a Bailout?
(DBN)

AGs weeks from filing foreclosure settlement documents
(DBN)

Fun With Numbers: Foreclosure Fraud Settlement Figures Tough to Add Up
(DBN)

Chief judge announces new foreclosure court part in state of judiciary speech
(DBN)

Q&A: Will the Euro-Zone Crisis Cripple Commercial Real Estate?
(DBN)

Nearly every single refinance goes into fixed-rate mortgage: Freddie
(DBN)

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Banking:

WaMu Fails to Win Votes Needed From Preferred Shareholders --- Washington Mutual bankruptcy plan hits stumbling block
(DBN)

Bank of America downgraded
(DBN)

As Capital Worries Ease At BofA, Analyst Warns On Earnings
(DBN)

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Aviation:

American Airlines unions protest at D/FW Airport
(DBN)

D/FW Airport security moves American Airlines' protesters twice
(DBN)

Labor union to suggest alternatives to AMR cost cuts
(DBN)

Gailen David, American Airlines Flight Attendant, Mocks Airline, Faces Possible Firing
(DBN)

United Continental hands out profit-sharing checks
(DBN)

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Alternative Energy:

Energy Conversion Files for Bankruptcy , Seeks Sale of Assets --- Solar industry bloodbath leads to another bankruptcy
(DBN)

Overcapacity could drag on solar for some time
(DBN)

A federal energy subsidy 15 times bigger than Solyndra
(DBN)

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MF Global:

MF Global Holdings to Share Some Data in 'Public Interest'
(DBN)

Biggest winner of MF Global accounts expands more
(DBN)

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Photography:

Hi! Manager: Thoughts on Kodak's bankruptcy
(DBN)

Kodak disputes value it receives from theater rights
(DBN)

Apple Seeks Court Permission to Sue Bankrupt Kodak
(DBN)

Kodak will seek to settle with noteholders at court hearing
(DBN)

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Fashion:

BCBG’s Off-the-Runway Struggles
(DBN)

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Horticulture:

Eagle Crest Nursery files for bankruptcy
(DBN)

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Celebs:

Lessons Learned From US Presidents With Debt Problems
(DBN)

Marilyn’s Moving On
(DBN)

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Fraud:

Stanford Blew Millions on Bellagio, Women and Yachts, Agent Says --- Stanford’s $2 Billion Side Ventures Lost 36 Percent, FBI Agent Testifies
(DBN)

More Fair suits target Durham family members
(DBN)

Is the STOCK Act a Shadow of Its Former Self?
(DBN)

JPMorgan, HSBC Implicated by Informant Bank in Canada Libor Case
(DBN)

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Book Review:

A Q&A With the Author of “The Last Justice”
(DBN)

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Politics:

Brown, Warren And The Middle Class
(DBN)

Warren, Brown spar on spending, contraception
(DBN)

Political Valentines
(DBN)

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Tech:

Infineon faces 1.7 bln eur in claims for Qimonda
(DBN)

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Religion:

Credit crunch forces Faith Center to file for bankruptcy protection
(DBN)

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Opera:

San Antonio Opera in bankruptcy talks
(DBN)

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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)

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Miscellaneous:

Rochelle on Allen Stanford, Hostess, Lear Bankruptcies
(DBN)

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Bankruptcy Statistics:

Bankruptcies drop in Sonoma County
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Sales:

Grupo Mexico Wins $83 Million in Sterlite Case Over Asarco --- Sterlite Gains as Court Rules on Asarco Damages
(DBN)

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UCC:

Imperfect Roses—a Valentine’s Day Lesson for Secured Lenders
(DBN)

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Litigation:

Is Judge Peck the First to Require a Predictive Coding Protocol for Automated Doc Review?
(DBN)

The Future Has Arrived: For the First Time, Judge Orders Predictive Coding in a Federal Case
(DBN)

All You Need is Metadata
(DBN)

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Claims Trading:

Lehman Debt Trades Fell to $1.9 Billion in January From $3.6 Billion
(DBN)

Claims Trading Monthly: January 2012
(DBN)

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Hotels:

Missouri hotel owner files for bankruptcy
(DBN)

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Food/Beverages:

Hostess Strike Could Mean Twinkie Shutdown
(DBN)

A&P confirmation pushed again
(DBN)

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UK:

Scottish champion Rangers seeks bankruptcy protection
(DBN)

Rangers docked 10 points after going into administration
(DBN)

Number of restaurants going bust jumps 31%
(DBN)

Upturn in UK business confidence
(DBN)

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EU:

Lasry Sees Europe Bankruptcy Bonanza as Bad Debts Obscure Assets
(DBN)

Berlin not budging on Greek bailout, as GDP plummets
(DBN)

Germany’s Surprising Strength
(DBN)

EU divisions threaten aid for Greece
(DBN)

German Economy Shrank Less Than Forecast, France Grew --- Periphery deep in gloom
(DBN)

______________

PIIGS:

Eurogroup to hold teleconference today --- Govt official: Greece has resolved outstanding issues with Eurogroup
(DBN)

Promises, promises... Greece's history of missed targets
(DBN)

Greece 'can't take any more cuts'
(DBN)

Greece Struggles to Win Bailout as Europe Doubts Mount --- Bailout bowl will be snatched from Greece's hands --- Greece scrambles to find further 325 billion euros in savings
(DBN)

Rioting breaks out in Athens as MPs prepare to vote
(DBN)

Eurozone ministers eye February 20 meeting on Greece --- EU officials shelve Greece meeting --- Eurogroup drops face-to-face bailout talks as Greeks argue
(DBN)

Greek economy stuck in deep recession
(DBN)

Should Greece default?
(DBN)

Why Greece and Portugal ought to go bankrupt
(DBN)

Much too much ado about Greece
(DBN)

Greeks direct cries of pain at Germany
(DBN)

The Greek Left Strikes Back
(DBN)

Italy, Spain, Greece raise funds despite Moody's downgrade
(DBN)

Italy back in recession as Greece default fears grow
(DBN)

Portugal records double-dip recession in 2011 as debt crisis, austerity measures bite
(DBN)

Portugal's Debt Efforts May Be a Warning for Greece
(DBN)

______________

Canada:

BIA and CCAA "lookback periods" for preferential transactions
(DBN)

______________

MENA:

Legal lifeline for bankrupt firms
(DBN)

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