February 6, 2012

The Daily Bankruptcy News

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Law:

Judge Blasts IndyMac Phrase Turner - “somewhat annoying”
(DBN)

January Jobs Report: Legal Services
(DBN)

Legal services industry adds 100 jobs in 2011
(DBN)

McDermott and Cadwalader see revenues rebound as both post 4% rise for 2011
(DBN)

Weil's Profits Jump 8 percent
(DBN)

Mayer Brown posts 10 per cent rise in average profit for 2011
(DBN)

Receiver Seeks $1.8 B From Stanford's Lawyers
(DBN)

Golden State Brings Mixed Fortunes for Law Firms in 2011
(DBN)

NY bar considers allowing non-lawyers to invest in law firms
(DBN)

Panelists See Progress for Women of Color at Corporate Legal Departments, But Barriers Still Exist
(DBN)

Nonlawyer Ownership Interests in Law Firms Remains an Unsettled Issue for Ethics 20/20 Commission
(DBN)

New York AG Sues 3 Major Banks and MERS, Calls Mass Foreclosure Filings a Fraud on Court
(DBN)

Best Way to Speed Up Meetings? Make Everybody Stand
(DBN)

China-Based Hackers Target Law Firms to Get Secret Deal Data
(DBN)

Going In-House? It’s About Time
(DBN)

How to Earn My GC Business
(DBN)

LGBT Bar Association Honors Out & Proud Corporate Counsel
(DBN)

Law Firms Join Network to Explore New Ways to Make Practice 'Green'
(DBN)

From Biglaw to Boutique: Which is Better for Clients?
(DBN)

Five myths about pro bono
(DBN)

Law Firm Facebook Pages Are Lame
(DBN)

San Francisco Firm Sends Awesome Officewide ‘Restroom Etiquette’ Email
(DBN)

Credit Suisse, Standard, BAA, Glaxo, Apple in Court News
(DBN)

JPMorgan, Barclays, Wal-Mart in Court News
(DBN)

Law Student Faces Down Facebook
(DBN)

Wave of Class Actions Against Law Schools Over Grad Work Stats
(DBN)

Just how bad is the law graduate employment and debt crisis getting?
(DBN)

Law grads go to court for bankruptcy protection
(DBN)

Part-time law school losing allure
(DBN)

Is Your Career Services Office This Lazy?
(DBN)

Dress for Success: The 5 Shoes Every Woman Should Own
(DBN)

Boston's Serial (Man)Killer, Comedy Central's Law Profs, and the Dayton Seduction
(DBN)

TranscriptPad: A Must Have iPad App for Mobile Attorneys
(DBN)

Fed judge throws fit at Baum
(DBN)

Judge Jails Attorney for Contempt, Says He Must Ante Up and Account for $3M in Guardianship Funds
(DBN)

Honda Civic lawsuit parties ponder strategies for next round
(DBN)

In Malpractice Action, Broad and Cassel's Effort to Disqualify Feldman Gale Denied
(DBN)

Lawyer, 78, Plunges to Death from Chicago Office Building Across from City Hall
(DBN)

Super Bowl Madness: 7 Big Legal Questions (and Answers)
(DBN)

Hanging Chad
(DBN)

February 2012 INSOLVENCY International
(DBN)

Great moments in lawyer advertising: “Successful, Greedy Attorneys”
(DBN)

Dastardly Deeds in Darts
(DBN)

Cops Use Taser On Woman Blocking McDonald's drive-through
(DBN)

NYC Cabbies Fight GPS Tracking
(DBN)

Paralegal Who Falsely Claimed to Be a Doctor, Then Became a Lawyer, Has Law License Suspended
(DBN)

Girl Caught Selling Pot Brownies at Middle School
(DBN)

Further Analysis of the Bottle-Rocket Case
(DBN)

Someone At The FBI Is Swooning Over The "Tall, Dark & Handsome Bandit"
(DBN)

Man Breaks Into Gourmet Market, Goes on $1,000 Eating Spree
(DBN)

Operation Sweet Leaf
(DBN)

Rapper Ja Rule, serving two years for gun possession, finds new posse behind bars
(DBN)

Say What?!
(DBN)

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Judges:

Timothy Barnes Chosen to Become United States Bankruptcy Judge
(DBN)

Preserving Court Funding Will Require Effective Political Efforts by the Judiciary and Its Allies
(DBN)

Scalia Denies Abortion Views Influenced by Religion, Calls His GPS Opinion ‘Defendant Friendly’
(DBN)

Ethics Proposals Would Require Law Firms to Report Lawyers’ Judicial Campaign Contributions
(DBN)

7th Circuit disbars well-known lawyer
(DBN)

Court sanctions lawyers behind 9/11 case --- "cynical delusion and fantasy"
(DBN)

Girl’s Got Jokes!
(DBN)

Scalia: Routine criminal cases clog federal courts
(DBN)

Pushing Kagan out of the healthcare case
(DBN)

Supreme Court At Mid-Term: Hints Of Health Reform Decision
(DBN)

Studying with Sotomayor
(DBN)

Stephen Colbert is winning the war against the Supreme Court and Citizens United
(DBN)

Federal Judges Want You to Spare Them the Clever Rhetoric and Get to the Point
(DBN)

"No Judge Has Ever Said 'Boy, Can That Guy Turn a Phrase'"
(DBN)

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Wall Street:

US Stock Futures Fall as Investors Await Greek Talks Outcome
(DBN)

U.S. Stocks Rise a Fifth Week on Employment, Manufacturing Data
(DBN)

Nasdaq Hits 11-Year High as Stocks Roar
(DBN)

Wage blow for Goldman boss
(DBN)

Goldman's Sherwood's Bonus Bigger Than Blankfein's
(DBN)

How Facebook Earns Its $100 Billion Public Valuation
(DBN)

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Layoffs:

Jobs Report A Pleasant Surprise As US Payrolls Add 243K Workers --- What’s Behind the Unemployment Rate Drop? --- Did Economy Really Create 500,000 Jobs?
(DBN)

Controversial Jobs Report Stokes Bulls
(DBN)

No Middle-class jobs
(DBN)

The Hiring Hare Will Soon Morph Into a Tortoise
(DBN)

The Gigantic "Conspiracy" To Inflate Jobs Numbers In America --- Here's The Truth About The Massive, Million Plus Spike In People Not In The Labor Force
(DBN)

The Jobs With the Brightest Future
(DBN)

A Few Areas Of The Economy Where Jobs Are Growing Like Wildfire
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Bank of America Would Spare Only Two Headquarters in Plan to Sell Offices
(DBN)

Despite Public Anger , System Still Rigged in Bankers ' Favor
(DBN)

SEC Waivers Help Banks Avoid Tough Sanctions
(DBN)

Cornerstone: What the FDIC's Failed Bank Lawsuits So Far Tell Us
(DBN)

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Autos:

Eastwood Chrysler Ad Calls ‘Halftime in America’
(DBN)

NADA's Taylor Forecasts US Auto Sales to Rise 10% This Year
(DBN)

GM says most of its US dealers agree to upgrades --- Auto dealers question outlays for facilities --- Car dealers upbeat on future
(DBN)

Chrysler Continues to Seek US Energy Loans
(DBN)

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Fraud:

Allen Stanford Was 'Chief Faker,' Ex-Finance Chief Testifies --- Exec says Texas financier faked bank’s profits, funneled money to secret account --- Used 'Slush Fund' at SocGen for Bribes, Ex-CFO Says --- Mistrial Denied --- Davis says bank never turned a profit --- Blood oath
(DBN)

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Hotels:

Owner Of Le Rivage Hotel Files For Bankruptcy
(DBN)

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Advertising:

Super Bowl Ads Cost 3 Cents Per Viewer
(DBN)

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Economy:

Treasuries Snap Decline as Greek Debt Concern Boosts Safety Bid
(DBN)

Summers: 'Almost' Every Indicator Favorable
(DBN)

Burst of jobs helps lower unemployment rate --- Not so rosy numbers
(DBN)

Era of Food Prices Always Falling Seen at End on Population
(DBN)

The 29 Most Bizarre Economic Indicators
(DBN)

Chrysler's "Halftime" ad: a roadmap for America? --- Super Bowl Ads 2012: The Winners And Losers
(DBN)

There's A Huge New Poll For Obama And The Economy
(DBN)

Economics Students Today Have Their Priorities Entirely Backward
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Foreclosure Accord With Banks Said to Ensure Same Terms for All 50 States
(DBN)

California’s 2008 BofA Deal May Force Signing of National Mortgage Accord
(DBN)

Obama administration to move forward with closing Fannie Mae, Freddie Mac
(DBN)

Fannie Mae's Fire Sale --- Fannie Mae tries partnerships with investors to sell foreclosures
(DBN)

Why Fannie and Freddie Are Hesitating to Help Homeowners
(DBN)

Regulator: Freddie Ceased Mortgage Transactions ‘On Its Own’
(DBN)

Citi Becomes Latest Bank to Cut Off Mortgage Brokers
(DBN)

Was The Robo-Mortgage Scandal Just The Back-End Of Much Bigger Crimes?
(DBN)

NY Attorney General Launches Major Mortgage Fraud Suit Against Bank Of America, JPMorgan And Wells Fargo
(DBN)

Showdown for the Banks, Showtime for Obama
(DBN)

Obama Promotes Homeowner Plan to Eliminate ’Drag’
(DBN)

GTE CEO Faults Fannie on Foreclosure Attorneys
(DBN)

A Mortgage Tornado Warning, Unheeded
(DBN)

Obama pushes housing plan in weekly address
(DBN)

The 15 Worst Housing Markets For The Next Five Years
(DBN)

10 Signs Of A Desperate Home Seller
(DBN)

Subprime MBS Are Reemerging In The Repo Market
(DBN)

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Politics:

Gingrich Ties to Fannie, Freddie Said to Extend to Speaker Days
(DBN)

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Trucking:

Trucking adds 5300 jobs in January
(DBN)

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Consumer Debt:

The Backdrop for BROKE: Consumer Debt Then and Now
(DBN)

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Municipalities:

With Pensions Like This, No Kidding Providence Rhode Island Faces 'Bankruptcy By June' --- Attack on Providence Pension Left Out One Important Fact
(DBN)

Providence mayor meets with Central Falls receiver --- Broke City's Lawmakers: RI Must Pay Receiver's Tab
(DBN)

Providence Has Been On The Brink of Bankruptcy Before
(DBN)

Jefferson County Creditors Submit Questions for Sewer Appeal
(DBN)

Bank of New York Mellon Sues Jefferson County Over Revenue
(DBN)

Jefferson County lawmakers lack consensus ahead of opening session of Alabama Legislature --- Bankrupt Alabama county seeks state help on budget
(DBN)

Calif. city is recovering from bankruptcy
(DBN)

Nevada's triple economic whammy
(DBN)

California Is Hoping The Facebook IPO Solves The State Budget Crisis
(DBN)

The 10 Richest Cities No One Wants To Move To
(DBN)

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Tax:

Swiss bank indictment details tax evasion ploys --- Embattled Swiss banks to outline strategy in US tax evasion row --- Swiss media blame banks for caving in to US pressure --- Wegelin buyer Raiffeisen cuts US client ties
(DBN)

U.S. Authorities Seeking Tax Evaders Not Swiss Banks --- US Has Data on Thousands of Untaxed Swiss Accounts
(DBN)

Switzerland Should Be Terrified Of The Rampaging Justice Department
(DBN)

Julius Baer ready to pay fine to avert US probe
(DBN)

Zuckerberg's 2012 Taxes: $1,500,000,000
(DBN)

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Baseball:

Los Angeles Dodgers ask bankruptcy court to disallow Bryan Stow damage claim --- Say Beaten Fan's Bankruptcy Claims Should Be Denied
(DBN)

Wilpon finds a new BFF in Frank McCourt
(DBN)

Banker doesn't think the Mets need bankruptcy protection
(DBN)

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Protests:

Cop hit in face with brick at 'Occupy DC' site; 11 arrested
(DBN)

' Occupy ' protesters march through Oakland
(DBN)

Protesters vow return after Occupy sweep
(DBN)

Maher to leftover Occupy movement
(DBN)

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Celebs:

The Broke and the Beautiful: Kodak Edition
(DBN)

Reality TV star's ex-husband dies in bankruptcy court
(DBN)

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Accounting:

New PCAOB Appointment May Set Back Auditor Reforms
(DBN)

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Religion:

Bankruptcy trustee asks Scott's corporations be declared 'sham'
(DBN)

Diocese of Orange officially takes over Crystal Cathedral
(DBN)

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Oil/Gas:

Investors, bankrupt Ky. oil company settle lawsuit
(DBN)

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Corporate Reform:

Senate Republicans to challenge recess appointments in court
(DBN)

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DIP Finance:

Court Grants Interim Approval for United Retail DIP Loan
(DBN)

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Politics:

Some Ironies in Elizabeth Warren's
(DBN)

Elizabeth Warren’s Campaign Chest Mostly Filled With Out-Of-State Contributions
(DBN)

With The Spotlight On Super PACs, Here's How Donors Are Really Hiding Money
(DBN)

Republicans Move Towards Romney --- Romney Wins Nevada; Gingrich to Stay in
(DBN)

Anatomy Of A Come Back? Charting Obama’s Approval
(DBN)

Republican Senator Says Obama Thinks He Is Jesus
(DBN)

Roseanne Barr launches her bid to become president
(DBN)

Lawsuit Nails Republicans for Big Hotel Tab
(DBN)

______________

Health Care:

Rally to address possible bankruptcy filing by Christ Hospital
(DBN)

Save Christ Hospital, group that opposed sale of Jersey City hospital to California healthcare chain, plans rally to ask hospital to work with community in reorganization plans
(DBN)

$66,100 Bunion Repair Spurs Aetna Lawsuit Against Clinics
(DBN)

The Ugly World of Dr. Arnie Klein, Beverly Hills’ King of Botox
(DBN)

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Mass Torts:

Bankruptcy , good sign for Libby claimants affected by asbestos disease
(DBN)

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Pensions:

Yes, There's A Reason This Top Military Officer Is Smiling
(DBN)

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Student Debt:

Citigroup, Discover Sued Over Student Loan Corp. Losses
(DBN)

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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)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Lehman:

Hedge funds capitalize on Lehman collapse
(DBN)

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Litigation:

KPMG Loses E-Discovery Appeal
(DBN)

What Causes Lawyers to Over-Preserve?
(DBN)

______________

Aviation:

Global Aviation, U.S. Troop Transporter, Files for Bankruptcy in New York
(DBN)

Horton Expects American to Exit Ch. 11 Without Merger --- Willing to Weigh Acquisitions After Bankruptcy Exit --- Twice shunned, US Air again sets sights on merger --- AMR CEO Ridicules Possible US Airways Bid --- 'What's in the Water in Phoenix?'
(DBN)

AMR and the return of the bare-knuckled bankruptcy
(DBN)

American Airlines may outsource more maintenance
(DBN)

We've hit 1,000 filings!
(DBN)

PBGC faces $17 billion in liabilities if AA terminates plans ‎ --- PBGC worthy opponent in AMR bankruptcy fight --- Plan for pension bailout draws criticism
(DBN)

Feds pressure American Airlines to save pensions --- AA retiree committee aims to guard pensions --- Plan for pension bailout draws criticism --- Possible Cuts Have AA Retirees Worried
(DBN)

Union says 700 American Airlines jobs could be lost in Miami --- More than 6,000 sign pledge to support AA Tulsa workers --- Job cuts would hit Owasso hard
(DBN)

American's proposals are in line with the industry
(DBN)

American Airlines: Bankrupt Victim of Weak US Dollar Policies
(DBN)

Is American the Worst-Managed Airline in America?
(DBN)

Survivors of AA layoffs likely to keep salaries
(DBN)

Silverstein's 9/11 Lawsuit Against Airline Continues
(DBN)

A look at past bankruptcy cases
(DBN)

BA prepares to unveil slimmed down legal roster
(DBN)

Hungary's National Airline Has Ceased Operations, Leaving 3,700 Stranded
(DBN)

Budapest Airport to Reevaluate Plans After Malev Collapse
(DBN)

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Retailing:

Avenue Moves to Keep Lingerie Promises
(DBN)

Arizona to Amazon: About That Sales Tax
(DBN)

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Energy:

Dynegy skips $7.5M tax bill
(DBN)

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Boating:

Kentuckiana Yacht closes, files for bankruptcy
(DBN)

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MF Global:

U.S. farmers, ranchers owed $100 million by MF Global
(DBN)

Two firms flourish in frenzied MF Global aftermath
(DBN)

MF Global trustee breaks down the money trail
(DBN)

MF Global: Missing money traced amid 'evasive' testimony
(DBN)

Before Collapse, MF Global Had Emergency Plan
(DBN)

Corzine Sued for RICO Violation by MF Global Customers
(DBN)

Judge Chief Risk Officers by Their Paychecks
(DBN)

MF Global Knew of Europe Bet Risks, Cohan Says --- Corzine Sought 'Yes Man' for MF Global Bet, Lawmakers Say
(DBN)

Insiders, rating firms depict MF Global risk hunger
(DBN)

Lax Oversight Blamed in Demise of MF Global
(DBN)

______________

UK:

Britain Prepares for Worst as EU Strives to End Euro Crisis
(DBN)

Petroplus ' Coryton plant to receive crude tanker
(DBN)

UK's FSA Could Fine And Ban Senior UBS Bankers In Rogue Trade Probe
(DBN)

Kate Bleasdale near brink of bankruptcy
(DBN)

Herbert Smith Confirms Merger Discussions With Freehills
(DBN)

Bankruptcy tourism - it's not a holiday
(DBN)

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EU:

Euro-zone ministers won't meet Monday on Greece
(DBN)

Time for Last-Minute Merkel to End Her Euro Brinkmanship
(DBN)

Europe Is Getting Some Help From A Most Unexpected Place
(DBN)

European Leaders Maintain Pressure on Greece to Complete Terms for Bailout --- Creditor states push for Greek support for austerity
(DBN)

Thrifty Consumers Could Scupper Euro-Zone Recovery
(DBN)

What's next for Europe?
(DBN)

Europe's debt rose to 82 percent of output at end-Q3 --- Greek debt at 159.1 pct of GDP
(DBN)

Sarkozy: Greece should create fund to pay debt
(DBN)

Europe can't avoid a recession, says Lloyds TSB
(DBN)

______________

PIIGS:

All eyes on Greece
(DBN)

The Greek austerity marathon
(DBN)

Here's Who Gets Clobbered If Greece Defaults
(DBN)

Talks on second bailout on Greece at a critical point; coalition gov't party
(DBN)

Greece in last-minute austerity talks --- Greece on "knife edge" --- Greek leaders in emergency meeting --- Greek Leaders Must Respond to Troika Monday --- Papademos, Greek Leaders Agree on Deal Framework --- Greece lets another deadline slip in bailout poker
(DBN)

Greek PSI deal wrings Cyprus banks dry
(DBN)

Deutsche Bank head brands PSI generous
(DBN)

Euro zone insists no Greek rescue without reforms
(DBN)

Most Germans want Greece to quit euro : poll
(DBN)

Now Even Greek Politicians Are Taking Cover
(DBN)

Hedge funds underestimating Europe?s will to force Greek losses
(DBN)

Another debt restructuring needed
(DBN)

Greek Labor Reforms, Fiscal Measures Remain Sticking Points on Debt Accord --- If Greece Doesn't Reform, 'It Can't Expect Solidarity' --- Changes to tax system put on hold
(DBN)

Data Show Greece's Debt Ratio Growing as Economy Shrinks
(DBN)

France says Greek PSI talks going " relatively well "
(DBN)

Eurogroup's Juncker warns of possible Greece default
(DBN)

Greece struggles on reform, lenders eye rising bill
(DBN)

Here's The Real Problem With Getting The Greek Deal Done
(DBN)

When Greece Defaults, the Credit Default Swap Dominoes Fall
(DBN)

SocGen Assesses The Impact Of Spain's Real Estate Clean-Up On Its Banks --- Spanish Banks May Face Larger Provisions
(DBN)

Spain Economy May Shrink 1.5% in 2012
(DBN)

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China:

China's economy may be headed for a “rough landing”
(DBN)

China growth could halve if Europe crisis worsens: IMF
(DBN)

______________

MENA:

Thousands Of Women In Iran Are Training To Be Ninjas
(DBN)

Cairo govt office torched as protests rage --- Street battles rage
(DBN)

19 Americans face trial in Egypt
(DBN)

400+ Slaughtered
(DBN)

______________

Hungary:

Dead or Alive – Liquidation or Restructuring under the Hungarian Insolvency Law? Part 2 — Liquidations
(DBN)

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