February 8, 2012

The Daily Bankruptcy News

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Law:

A CPA, Not an Attorney, Is Named New CEO at Pepper Hamilton
(DBN)

For Fifth Year Associates, It’s Decision Time
(DBN)

Judge casts doubt on law firm's bid for non-attorney owners
(DBN)

A Model Law Student
(DBN)

Revenue, Profits Up at Schulte Roth
(DBN)

BlackRock's top lawyer to leave company
(DBN)

Sheppard Mullin Elects New Bankruptcy Partners
(DBN)

Ninth Circuit: California Gay Marriage Ban Is Unconstitutional --- Crash course
(DBN)

Gupta, BNP, News Corp, Google, Tiger Asia, Acer, JPMorgan in Court News
(DBN)

Texas A&M Investors Sue Former Partners, Lawyers
(DBN)

Lawyer Behind Now-Defunct Pacific Law Center Is Facing Disciplinary Action
(DBN)

Trustee accuses attorneys of botched bankruptcy
(DBN)

Not all law schools are "cash cows" for their universities
(DBN)

Can A Law School Force You To Be Racially Sensitive?
(DBN)

Lawyer Faces Ethics Case Over His Claimed Role in Dividing $1.6M Settlement Among Clients
(DBN)

Lawyer Comp: The Third Rail of Legal Value Conversations
(DBN)

Practice Group Leaders: Masters of the Legal Renaissance?
(DBN)

60-Day Suspension Suggested for State's Attorney Who Pulled Gun on Process Server
(DBN)

Does iOS 5 Deliver for Law Firms?
(DBN)

Use Your Spam Sense
(DBN)

How Alcohol Can Help You Network
(DBN)

He Trolled the Law, and the Law Won
(DBN)

Moscow plans to put dead lawyer on trial
(DBN)

Lawyer Incorporates Spinning Into Teaching The Law ‎
(DBN)

Actress Suing IMDb for Revealing Her Age Gets Trial Date
(DBN)

Court hears case of the gated gator that gobbled the guest granny
(DBN)

Florida woman blames her 'big b------' for failing sobriety test
(DBN)

Video shows officers beating motorist in diabetic shock
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

Federal Judge Resigns to Form New Boutique with Former White & Case Colleagues
(DBN)

Rajaratnam trial "personally challenging" - Judge
(DBN)

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Wall Street:

Markets upbeat as Greek debt deal appears near
(DBN)

Stock futures signal higher Wall Street open
(DBN)

Wall St ends quiet day as Greek deal awaited
(DBN)

It Feels Like Something Is About To Happen...
(DBN)

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Layoffs:

Small Business Hiring Intentions Best Since January 2008
(DBN)

Bernanke: 8.3% Unemployment Understates Job Market Weakness --- Labor Market Is 'Long Way' From Return to Normal
(DBN)

Stockman: BLS Labor Data is Made Up
(DBN)

Job Openings in U.S. Rise by the Most in Almost a Year
(DBN)

North Dakota Workers Report Best Hiring Situation in 2011
(DBN)

Baby Boomers And The Decline In The Labor Force Participation Rate
(DBN)

Supervalu to Eliminate 800 Office Jobs to Reduce Expenses
(DBN)

States Try to Help Veterans Find Jobs
(DBN)

Latinos: First to Get Back to Pre-Reccession Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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IP:

Assigning intellectual property in a bankruptcy: is the licensor's consent necessary?
(DBN)

"Whoomp (There It Is)" at Center of Legal Battle
(DBN)

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MF Global:

Customers seek access to MF Global insurance sums
(DBN)

MF Global Became Entangled In A Web Of Its Own Making, Shown Here
(DBN)

MF Brokerage Trustee Traces Loss Over Five Days of $1.2 Billion
(DBN)

The dramatic final days of MF Global
(DBN)

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Health Care:

Christ Hospital in Jersey City files for bankruptcy
(DBN)

Hospital's Bankruptcy Stokes Talks on Merger in Hudson County
(DBN)

Jersey City police probe "threatening" letter that blames individual nurse who's on union's executive board for killing sale of Christ Hospital and for its subsequent bankruptcy filing
(DBN)

Opponents of scuttled Christ Hospital sale seek role in hospital's future
(DBN)

Appeals court: Seniors can't reject Medicare right
(DBN)

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Politics:

Santorum Over Obama in a Landslide Among Financial Advisors
(DBN)

Rick Santorum Crushes Romney In All Three States
(DBN)

Frontrunner Mitt Romney Struggles to Seal the Deal
(DBN)

Obama Supports Constitutional Amendment on Campaign Finance ‘If Necessary’
(DBN)

Romney's Returns Revive Scrutiny of Lawful Offshore Tax Shelters
(DBN)

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Municipalities:

Providence Rhode Island on the Brink of Bankruptcy
(DBN)

Harvard's Voluntary Tax Spurs Ailing Providence to Press Brown
(DBN)

RI Gov. backs Providence in retiree benefit suit
(DBN)

Judge rules in Detroit financial review case
(DBN)

Detroit consigned to an unnecessarily bleak future? --- Squandered opportunities leave Detroit isolated --- Segregation and racial politics long the death knell for regionalism in Detroit area --- Detroit’s woes can be eased, but region's officials avert their eyes
(DBN)

Would filing municipal bankruptcy help Detroit?
(DBN)

Detroit City Council delays vote on budget cuts
(DBN)

Harrisburg Receiver in Push to Close on Assets
(DBN)

What Tax Reform Would Mean For The States
(DBN)

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Telecoms:

Open Range Communications moves to shift bankruptcy case to Ch. 7
(DBN)

Ex-users say bankrupt Open Range continues to bill them
(DBN)

TNCI Files Reorganization Plan
(DBN)

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Baseball:

Jared Kushner among bidders for LA Dodgers
(DBN)

Minnesota Twins auctioning off genuine baseball signed by fake ex-married couple
(DBN)

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Pensions:

PBGC’s biggest losses
(DBN)

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Economy:

Job openings jump to near a 3-year high
(DBN)

US Consumer Credit Climbed by $19.3B in Dec. --- Demolishes Expectations
(DBN)

U.S. CEO Confidence Jumps in Latest Pulse Survey
(DBN)

Bernanke tries to keep Fed out of politics --- Bernanke's testimony on economy to Senate panel --- One Good Job Report Isn't Recovery --- Stands firm with low-rate stance --- Fed Will 'Protect the US' From Europe's Crisis: Bernanke
(DBN)

Bernanke: Economy could be hit by shocks from higher taxes next year
(DBN)

CBO proposes ditching ALL tax breaks
(DBN)

Wall Street needs to give up its bargain tax rates
(DBN)

CBO: US Deficit Fell Sharply in January
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

California not among states that OK bank settlement --- California May Re-Enter Talks --- Nevada still studying --- Delaware officials wrestle over mortgage deal --- Several states hold out, one leaves --- 40 State AGs Sign On --- Holdout states nearing deal --- New snags hinder mortgage settlement deal --- Settlement Doesn't Protect Against Future Fraud Charges --- Mortgage Settlement Talks Look Like Tobacco II --- A foreclosure deal worth taking
(DBN)

Missouri AG indicts DocX and its former president in robo-signing probe
(DBN)

The NY Attorney General's Press Conference On The Mortgage Deal Has Been 'Postponed Indefinitely'
(DBN)

ERIC's big hangup
(DBN)

Faulty Loans Top $72 Billion as Banks Seek Deal With Regulators
(DBN)

States With Highest Foreclosure Rates Among Bank Mortgage-Accord Holdouts
(DBN)

Connecticut AG recruits private firms to help MBS probe
(DBN)

Bank of America Will Skip a Foreclosure Deal Rally
(DBN)

Banks Are Getting Bad Mortgages Off Their Books By Giving Homeowners Cash To Walk Away
(DBN)

Meet the Obscure Federal Regulator Who’s Not Helping Homeowners
(DBN)

Two mortgage lawsuits vs Deutsche Bank dismissed
(DBN)

NJ lawyer pleads guilty in $400K mortgage fraud
(DBN)

Current Mortgage Rates for Tuesday, February 7, 2012
(DBN)

US Mortgage Applications Jump on Refi Demand
(DBN)

Home Sales Go On Despite Spanish Peaks Bankruptcy
(DBN)

Mass. AG wants Fannie Mae, Freddie Mac to modify home loans
(DBN)

Mass. House Democrats push FHFA on mortgage mods
(DBN)

Real Estate Agent Discovers Long-Dead Body
(DBN)

New Bankruptcy Rules Require Additional Documentation and Notification from Mortgage Holders and Servicers in Individual Debtor and Chapter 13 Cases
(DBN)

Fannie Mae taking online offers for REO
(DBN)

Prepayments on Fannie and Freddie MBS decline
(DBN)

Mortgage mods in 2011 down 40% from prior year
(DBN)

Bankrupt Developer Offers to Give Up Remaining Properties
(DBN)

This Is New York City's New "Millionaires' Row"
(DBN)

MBA: Mixed Picture Predicted For Commercial, Multifamily Markets
(DBN)

Big Suppliers Absent From Builders’ Show
(DBN)

Hooters Las Vegas, creditor fight over $100 million 'deficiency'
(DBN)

Fannie Mae: Outlook for Home Prices Rises Again
(DBN)

Home-Price Scorecard Shows a Falling Market
(DBN)

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Corporate Governance:

Multiple New Suits Challenge Exclusive Forum Selection Bylaws in Delaware Court of Chancery
(DBN)

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Student Debt:

Student Debt Could Be Next 'Bomb,' U.S. Bankruptcy Lawyers Say --- $100 Billion Bubble May Finally Blow
(DBN)

Student debt pushing more people toward bankruptcy , lawyers say
(DBN)

The Student Loan Crisis Is Crippling America's Families -- Is The Economy Next?
(DBN)

There’s No Easy Way Out Of Student Debt, But That Doesn’t Stop Some People From Feeling Superior
(DBN)

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Food/Beverage:

A&P Confirmation Hearing Begins As Company Sorts Objections
(DBN)

Al Finer Co. closes doors in Philadelphia
(DBN)

Creditors Emerge as Likely Buyers of Real Mex --- Real Mex Board Accepts Noteholder Bid to Acquire Company's Assets
(DBN)

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Aviation:

American Airlines traffic rises from a year ago
(DBN)

American Airlines employee makes bankruptcy song: 'You Screwed Up Our Lives'
(DBN)

Creditors' committee objects to American Airlines' plans to keep four MD-80s
(DBN)

American Airlines in talks over Brazil debt
(DBN)

Hawker Beechcraft Hires Bankruptcy and Restructuring Lawyers --- Goldman's Hawker Names 'Turnaround Kid' Steve Miller as CEO
(DBN)

Pinnacle Airlines amends deals with United, Continental
(DBN)

Air Marshals Gone Wild! Tales Of Sexism, Suicide and Bigotry
(DBN)

Auditors cast doubts on SpiceJet's ability to stay afloat
(DBN)

Government approves Air India debt recast plan
(DBN)

Spanish writedown costs Scandinavia's SAS dear
(DBN)

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Religion:

Group says Milwaukee archdiocese misled victims
(DBN)

Milwaukee Archdiocese wants 500+ abuse claims thrown out
(DBN)

Retired cardinal criticized for abuse comments ‎
(DBN)

Vatican abuse summit: Demand for accountability 'legitimate' ‎
(DBN)

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Fraud:

Top Stanford witness says he tried to conceal fraud --- Stanford lawyer seeks to undermine CFO's testimony --- Mud flies
(DBN)

Petters Officers Dodge Lawsuit on Ponzi Fraud
(DBN)

Prosecutors To Allege Additional Improper Tips By Ex-Goldman Director
(DBN)

Four Accused of Running Insiders’ ‘Criminal Club’ Indicted
(DBN)

GOP to push 'Pelosi Provision' in insider-trading bill
(DBN)

New lawsuits in Fair Finance case seek more than $1 billion
(DBN)

Ex-Goldman Sachs Director Gupta’s Trial Set for May After New Arraignment
(DBN)

Jack Abramoff Won't Name Names
(DBN)

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Mass Torts:

BP can't keep settlements out of oil spill trial
(DBN)

BP preparing 'vigorously' for oil spill lawsuits
(DBN)

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Shipping:

TBS International Files Chapter 11; BofA, Others Provide DIP Loan
(DBN)

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Alternative Energy:

Fisker's Delaware Project 'Delayed' After U.S. Cuts Off Loan
(DBN)

Fisker runs out of government money, begins layoffs --- Harsh criticism for Fisker following layoffs
(DBN)

Is Fisker the next Solyndra ?
(DBN)

White House Releases Solyndra Papers; Committee Ponders Next Steps
(DBN)

Fisker is not another Solyndra ... yet
(DBN)

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Compensation:

The Most Overpaid CEOs In America
(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)
- temporarily discontinued

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:

FGIC, TBS, Christ Hospital, MF Global, Plum TV
(DBN)

Rochelle on Las Vegas Monorail, Declining Bankruptcies
(DBN)

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Sales:

What You Don’t Know Can Hurt You: Successor Liability and Sec. 363 Sales
(DBN)

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Bankruptcy Statistics:

NH bankruptcies have continued to decline
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Lawsuits filed in Tim Durham case target local businessmen, former playmate
(DBN)

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Plan Confirmation:

Low Threshold Adopted for “Participation” Sufficient to Bind a Creditor to a Chapter 11 Plan
(DBN)

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Jurisdiction:

Bankruptcy Court Lacked Authority To Issue Final Order In "Core" Proceeding
(DBN)

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Awards:

Winners of the 6th Annual M&A Advisor Turnaround Awards
(DBN)

Nominations Now Open For 3rd Annual 40 Under 40 M&A Advisor Recognition Awards
(DBN)

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Corporate Reform:

House panel set to move on more CFPB reform bills
(DBN)

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Autos:

Whether Clint Eastwood Likes It Or Not, Chrysler Is About Obama
(DBN)

Republicans Are Flipping Out Over Clint Eastwood's Chrysler Super Bowl Spot
(DBN)

What's Really Powering Up Detroit: The Federal Reserve
(DBN)

George Bush: I Would Save Detroit Again
(DBN)

Used cars getting scarcer, more expensive
(DBN)

$1500 profit-sharing checks coming to Chrysler workers Friday --- Marchionne letter to Chrysler workers
(DBN)

U.S.: GM Refuses to Cover Saab Warranties for 2010 and 2011 vehicles
(DBN)

Moody's: Honda Credit Outlook Cut to Negative
(DBN)

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Gambling:

Fertittas to buy out shareholder to get majority ownership of Station Casinos
(DBN)

OTBs may get bankruptcy OK
(DBN)

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Oil/Gas:

Former AGE boss settles complaint by trustee
(DBN)

Energy Independence: Not the Solution to All Problems
(DBN)

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Debt Collection:

Nineteen states settle with debt collector
(DBN)

Worst Debt Collector in the World? ‎
(DBN)

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Retailing:

The Wisdom of Jeff Bezos
(DBN)

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Theme Parks:

Court gives Dino-Park developer time to raise money, save project
(DBN)

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Non-Profits:

Future of State Fair of Virginia in question
(DBN)

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UK:

Personal insolvencies may have peaked
(DBN)

Former Ince & Co partner struck off over £3m expense fraud charges
(DBN)

Insolvency Stats ‘The Calm Before The Storm’
(DBN)

Jewellery group Abbeycrest enters administration
(DBN)

Retail sales signal a tough year ahead, BRC says
(DBN)

Fall in insolvencies as cost deters debtors
(DBN)

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EU:

Euro hits 2-month high on Greek deal expectations
(DBN)

Euro Stalls Ahead of 1.3300 As Germany Threatens to Withhold Funds
(DBN)

German Chancellor Merkel Says EU Debt Crisis Is Wake-Up Call
(DBN)

It's Time To End the Greek Rescue Farce
(DBN)

German Exports Slump as Crisis Saps Euro-Area Growth
(DBN)

The dark side of Germany's jobs miracle
(DBN)

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PIIGS:

Greek bailout hopes rise amid ECB concession
(DBN)

Greeks to brief eurozone on tentative debt deal
(DBN)

'Greece Should Default Instantly': Economics Professor
(DBN)

Greece: More meetings while 'close' gets no closer
(DBN)

Greeks Burn German Flags: Do They Have a Point?
(DBN)

Greece: 'There's no more left to cut'
(DBN)

Why Greece's Endless Debt Talks Are Never Really Over
(DBN)

Feuding Greek leaders united by desire to avoid blame
(DBN)

Protesters Clash With Greek Police At Parliament
(DBN)

Greek Officials Working on Final Draft to Meet International Rescue Terms
(DBN)

Next Act in Greek Drama About to Begin
(DBN)

Bankruptcies soar in Spain
(DBN)

Italy Reforms Shield It From Greek Fate, PM Says
(DBN)

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Canada:

Oilsands Quest files for Chapter 15 protection in US
(DBN)

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Mexico:

Mexico court approves Vitro restructuring plan
(DBN)

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Australia:

ASIC warns advisory firms over insider trading
(DBN)

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China:

Shipyards heading for stormy waters
(DBN)

Nomura On The 'Alarming Fall' In Chinese Electricity Consumption
(DBN)

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