January 16, 2012

The Daily Bankruptcy News

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Law:

For Newest Am Law Partners, Perseverance Pays Off
(DBN)

Judge: Stanford Lawyers Must Continue in Case
(DBN)

Cadwalader Loses Bid to End Suit by Nomura Over Loan Advice
(DBN)

A Little Reminder: That /s/ Means Something
(DBN)

Attorney sues over wife's alleged affair with firm leader --- Says Law Firm Leader’s Affair with Another Practice Group Lawyer Forced Them Out
(DBN)

Did Innocence Project Student Reporters Get Too Close to Lawyers?
(DBN)

Rajaratnam Prosecutor Joins Dechert LLP
(DBN)

Allen & Overy sees pentup demand igniting new deals
(DBN)

From Biglaw to Boutique: Why Wait?
(DBN)

Why You Should Be a Big Softie at Work
(DBN)

Some not so nice things about the lawyers who are suing BP
(DBN)

Hammonds name cut as Squire Sanders rebrands ahead of schedule
(DBN)

SCOTUS grants cert in credit card case arising from use of attorney's card for filing fee
(DBN)

Four Foolproof Steps to Sapping Morale
(DBN)

80% of Law Students Surveyed Say They Would Do It Again, if Given the Chance
(DBN)

Hot Messes & Law School: Even Marilyn Monroe wanted to try becoming a lawyer
(DBN)

Women Partner Watch
(DBN)

Deutsche Bank, News Corp., Samsung, Terra Firma, Barclays in Court News
(DBN)

Will Calif. Law Grads Have to Complete Residencies? Bar Mulls Practical Skills Mandate
(DBN)

What is law school for, anyway?
(DBN)

Tiger Mom Law Prof Didn’t ‘Click with the Law,’ But She Didn’t Stop Trying
(DBN)

Running a Law School Must Be the Best Job in the World
(DBN)

Because what the world needs now is another government-subsidized law school
(DBN)

Law School: If you act now we'll also send you this handy vegetable steamer
(DBN)

Law School Transparency: Lie to me
(DBN)

Thomas Jefferson School of Law Believes Its 2011 Graduates To Be Kind of Stupid
(DBN)

Lawyers Willing to ‘Go the Extra Inch’
(DBN)

Ex-Chevron Employee Sues Company Over "Hurt Feelings"
(DBN)

BigLaw Firm Turns Lawyer into Great Chef!
(DBN)

Jailed Lawyer Says He Doesn’t Remember Sex-Sting Guilty Plea, Seeks Do-Over
(DBN)

No Bottled Water on Uncle Sam’s Dime
(DBN)

Lawyer Loses License for Lying to FBI About Gift of Small Dog
(DBN)

Court Suspends Attorney For Slurs
(DBN)

State Bar of Nevada Probes 3 Lawyers Who Helped Righthaven Pursue Copyright Claims
(DBN)

Sharing Ties: It’s Not Just For Homeless People Anymore
(DBN)

It’s All Fun and Games Until . . .
(DBN)

Being a Doc Review Sniper
(DBN)

Are Their Tiers In Doc Review?
(DBN)

Judge Refuses Request to Jail Suspended Lawyer for Her Website, LinkedIn Page
(DBN)

Lawyer for Accused Arizona Bomber Calls US Informant a ‘Trailer-Park Mata Hari’
(DBN)

DC area 'butt slasher' arrested in Peru
(DBN)

Say What?
(DBN)

______________

Judges:

Obama’s Judicial Nomination Scorecard: Three Years In
(DBN)

Judge Posner opinion on dreadlocks includes Bob Marley picture
(DBN)

______________

Wall Street:

US Stock Futures Fall After Euro Downgrades
(DBN)

European stocks shrug off downgrade
(DBN)

Wall Street slips on reports of euro-zone downgrades
(DBN)

It's earnings vs Europe for stocks
(DBN)

Breaking Down Wall Street’s Exposure to Europe
(DBN)

The World According to Goldman Sachs
(DBN)

Bonus (cry)babies taking the money and running
(DBN)

______________

Layoffs:

Evans Says Jobless Rate May Rise as Progress ‘Transitory’
(DBN)

Federal Government Jobs Disappearing at a Rapid Pace
(DBN)

Number of the Week: Applying for Unemployment Benefits
(DBN)

White House Touts Falling Wages
(DBN)

The History Of Factory Jobs In America, In One Town
(DBN)

The Transformation Of American Factory Jobs, In One Company
(DBN)

Your iPhone Was Built, In Part, By 13 Year-Olds Working 16 Hours A Day For 70 Cents An Hour
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Bankruptcy is ‘wreckage’ from years of drinking by Steinberg, the real-life Jerry Maguire
(DBN)

The Broke and the Beautiful: Show Me the Bankruptcy ! Edition
(DBN)

______________

Food/Beverage:

If Only Twinkies Maker Had Had Someone Whose Job It Was To Remember Not To Go Bankrupt
(DBN)

Twinkies at Risk
(DBN)

Teamsters Set the Record Straight on Hostess --- Willkie Advises on Hostess Bankruptcy
(DBN)

Bankruptcy of Hostess tugs at gastronomic heart
(DBN)

Chefs Offer Suggestions to Save the Twinkie
(DBN)

______________

Photography:

Kodak sues Fujifilm as stock slumps
(DBN)

Is Kodak moving in Hostess' direction?
(DBN)

Kodak Retirees Worry Amid Bankruptcy Talk
(DBN)

Proof Kodak Was Doomed, 14 Years Ago
(DBN)

______________

Municipalities:

Troubled RI city in receivership loses democracy
(DBN)

Harrisburg city council overrides mayor's budget veto
(DBN)

States Everywhere Are Making Desperate Concessions To Casinos
(DBN)

______________

MF Global:

Bloomberg Loses $12 M Customer, Gains 5 Journalists
(DBN)

MF Global customers learn they're unlikely to get back 100 percent
(DBN)

Why Did Only One Ratings Agency Get MF Global Correct?
(DBN)

Group representing MF Global customers ‘optimistic’ about latest efforts to recover funds
(DBN)

______________

Autos:

Saab Owners Still Rallying To Support Brand
(DBN)

Okay, So Maybe The Treasury DID Speak To Bain And Company About The Auto Bailout
(DBN)

______________

Lehman:

Lehman Asks Judge To Slash $35 Billion In Banks' Bankruptcy Claims
(DBN)

UBS, Lehman Named in New Claim
(DBN)

______________

Bankruptcy Crimes:

Brunner accused of hiding assets, lying in bankruptcy
(DBN)

______________

Mail:

The US Postal Service Is Borrowing Taxpayer Money At An Interest Rate Of 0.14%
(DBN)

To Avoid Collapse The Post Office Should Deliver Health Care And Other Services
(DBN)

______________

Utilities:

Numbers tell the story of AES’ implosion
(DBN)

Legislative panel wants closer look at electric co-op oversight
(DBN)

Glades utility bailout in danger
(DBN)

______________

Alternative Energy:

CBS: 11 More Solyndras in Obama Green Energy Program
(DBN)

Solyndra Layoffs Discussed by Obama Aides Before 2010 U.S. Midterm Vote
(DBN)

______________

Economy:

Fed to Weigh Further Easing Amid Doubts About Recovery
(DBN)

Fed's Lacker Sees 'Modest' U.S. Economic Expansion of 2% to 2.5% This Year
(DBN)

Fed's Bullard Sees Some Risk Rate Forecasts Mislead Markets
(DBN)

The Basic Problem With the Fed
(DBN)

Economy Improves, Credit Offers Surge
(DBN)

Over the last century, over-borrowing has gone from shameful to commonly accepted. What changed?
(DBN)

Why Raising The Retirement Age Won't Save Social Security --- At Least One Segment Of The US Is Seeing Employment Rise
(DBN)

Why Rich People Prefer Cuts to Their Social Security Over Tax Increases
(DBN)

Consumer Sentiment Starts New Year Stronger
(DBN)

The Decline Of Peak Spenders
(DBN)

The Rise Of Dark Inventory In Housing And Oil
(DBN)

The Surest Sign Yet That The Consumer Is Coming Back With A Vengeance
(DBN)

Goldman wants to buy AIG mortgage bonds that the Fed bought during the crisis
(DBN)

Has Capitalism Failed Us?
(DBN)

How Capitalism Kills Companies
(DBN)

Many Americans Gave Up Hope in 2011
(DBN)

Roubini: Ignore the recent spate of good U.S. economic news
(DBN)

After S&P’s EU credit downgrade, is the US next?
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Bernanke began leadership of Fed in 2006 believing economy could avoid damage from housing --- Transcripts show Fed slow to see fallout from housing bust
(DBN)

Bernanke Fed Has It Right: No Magic Bullet To Housing Recovery
(DBN)

Fed: Force Banks to Take Blame for the Housing Bubble
(DBN)

Fed's Bullard Says Some Housing Market Remedies Invite Disaster
(WSJ: separate paid subscription required)

Fed's housing ideas won't fix market
(DBN)

Fed’s Lacker: Not Central Bank’s Role to Intervene in Housing Market
(DBN)

Dimon on Housing: ‘No One Is in Charge’
(DBN)

Housing Bust Still Haunts Our Banks
(DBN)

Dallas Fed: Home prices lacked economic balance long before downturn
(DBN)

Is Chase About To Get Hit By Another Robosigning Scandal?
(DBN)

The Republicans May Be Wrong About Principal Reductions
(DBN)

Six Questions on Foreclosure-to-Rental Programs
(DBN)

Record Number Of Vegas Home Sales In 2011
(DBN)

Shadow over NY housing
(DBN)

Fannie Mae sees 2012 home sales up 3.5% to 4.74 million
(DBN)

Foreclosure Auctions Show Raw Form of Capitalism
(DBN)

Playing The New York Real Estate Game In 2012
(DBN)

Single Asset LLC’s Chapter 11 Petition Dismissed As Bad Faith Filing
(DBN)

Report: Bull Run in the Apartment Market
(DBN)

Rare Residential Mortgage Bond Tests Dormant Market
(DBN)

Fed Gov. suggests modifying caps on CRE lending
(DBN)

Jobs growth points to potential recovery in housing
(DBN)

Phil Angelides' new mortgage firm's "secret formula": political connections
(DBN)

_____________

Fraud:

Allen Stanford's Lawyers Can't Quit Criminal Case Before Trial ...
(DBN)

Banker in Olympus scandal steps into public view
(DBN)

Inside the shadowy market for Madoff claims
(DBN)

Ex-SEC official fined for taking job with alleged Ponzi schemer
(DBN)

Ex-regulator for SEC defends his ethics
(DBN)

Two Rothstein luxury properties change hands
(DBN)

Former Nortel Executives Face $4.9 Million Fraud Charges
(DBN)

______________

Banking:

BofA told Fed it could sell branches in emergency
(DBN)

Bank results threaten to dash US hopes
(DBN)

JPMorgan's profit falls 23 percent in 4Q
(DBN)

Washington Mutual Says Bankruptcy Court Approves Disclosure Statement
(DBN)

WaMu Junior Debt Recovery Becoming Unlikely
(DBN)

The Coming Banking Bust
(DBN)

Lloyds Banking Group CEO Will Not Accept A 2011 Bonus
(DBN)

Banks Find Ways to Recoup Lost Revenue
(DBN)

Unofficial Problem Bank List and Quarterly Transition Matrix
(DBN)

______________

Politics:

1% Elizabeth Warren can't have it both ways
(DBN)

Brown, Warren campaigns to meet over PAC spending --- Warren and Brown agree: Let's block attack ads
(DBN)

Romney Gives Unemployed Woman Cash on Ropeline
(DBN)

Attacks on Romney getting personal
(DBN)

Attacks on Romney getting personal
(DBN)

Mitt Romney Is One Of The 3140 Wealthiest People In The Country
(DBN)

Romney: Questions about Wall St. and inequality are driven by "envy"
(DBN)

The Love Affair Between Politicians And Private Equity
(DBN)

What does Ron Paul want?
(DBN)

Perry goofs again
(DBN)

Jon Huntsman’s Campaign Sued for Unpaid Rent
(DBN)

Huntsman Says He's Quitting Republican Race
(DBN)

Comedian Colbert Exploring South Carolina Presidential Bid
(DBN)

Many Voters Unaware of Basic Facts About the GOP Presidential Candidates
(DBN)

______________

Corporate Reform:

Hey, Obama, the SEC And CFTC Are Ripe for Consolidation
(DBN)

Outsourcing the SEC's Oversight Function Could Strengthen the Agency
(DBN)

Cordray Tells Bank CEOs, 'I Come In Peace'
(DBN)

Consumer Chief Supports Legislation to Protect Attorney-Client Privilege for Supervised Banks
(DBN)

First challenge on new Obama appointees
(DBN)

Cordray Says Consumer Bureau Backs Client Data Rule Change
(DBN)

CEO Group Backs SEC in Appeal of Rakoff Ruling Nixing Citi Settlement
(DBN)

______________

Oil/Gas:

BP Considers Giving Financial Lifeline to Petroplus
(DBN)

Swiss Government, Banks Should Aid Petroplus Refinery, Unia Says
(DBN)

______________

Telecoms:

Will the charges against former Nortel execs stick?
(DBN)

______________

Museums:

US Slavery Museum denies $1.6M discrepancy
(DBN)

______________

Baseball:

Selig confident Dodgers will be sold by April 30
(DBN)

Selig could be haunted by deal over Dodgers
(DBN)

Robert Rector: When I buy the Dodgers, cold beer!
(DBN)

______________

Management:

Creative Destruction Is Not A Management Philosophy - It Can Be Avoided Kodak, Hostess, Microsoft
(DBN)

______________

Forest Products:

Sino-Forest debt holders to oversee asset sales
(DBN)

______________

Tax:

'Son of Boss' crackdown lands in Supreme Court
(DBN)

______________

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)

______________

Miscellaneous:

American Airlines, retail sales, the Federal Reserve, Europe and Hostess
(DBN)

Rochelle on Hostess, Syms, Sears, 'Gift' Plans
(DBN)

Lehman Swiss Unit, Sinfonika, Arpeni Insolvency
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy filings down in Wisconsin
(DBN)

Nebraska bankruptcy filings fall for first time since 2006
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Litigation:

Don't Get Caught With Your Head in the E-discovery Clouds
(DBN)

Chancery Disqualifies Class Representative and Requires Disgorgement of Imputed Profits from Trades on Confidential Data Obtained in Litigation
(DBN)

Delaware Court of Chancery Issues Non-Binding Guidelines to Help Lawyers Navigate Their Cases Through The Court More Efficiently
(DBN)

______________

Avoidance Actions:

ManagedStorage International, Inc. Bankruptcy Preference Adversary Proceedings Filed
(DBN)

______________

Advisors:

Lazard Appoints Kurtz Restructuring Chief After Ridings, Savage --- Lazard Restructuring Veterans Eye Europe
(DBN)

______________

Health Care:

5% of Americans Made Up 50% of U.S. Health Care Spending
(DBN)

______________

Religion:

German Catholic Priest Admits To 280 Counts Of Sexual Abuse
(DBN)

Bankruptcy trustees grill monk at hearing
(DBN)

Milwaukee archdiocese seeks victims
(DBN)

______________

Aviation:

Millstein, Barclays Land US Airways Gig
(DBN)

Will Bankrupt AMR Throw Its Workers Under the Plane?
(DBN)

State court postpones Sabre lawsuit at American Airlines' request
(DBN)

Seeking the best partner for AA
(DBN)

AMR bankruptcy case to require long list of expensive advisers
(DBN)

Court postpones American Airlines antitrust battle
(DBN)

______________

Student Debt:

Student loans may be issue in presidential race
(DBN)

______________

Enron:

Enron Creditors Get 53 Percent Payout, Aided by Lawsuit Accords
(DBN)

______________

Hotels:

Bankrupt East Side hotel could close in months
(DBN)

______________

Retailing:

US Retail Sales Growth Will Slow to 3.4% This Year, NRF Says
(DBN)

______________

Book Review:

The Fear Index
(DBN)

______________

Finance:

Aurora Capital expands to debt financing
(DBN)

______________

UK:

20 Essex Street recruits specialist duo in bid to push into insolvency
(DBN)

UK Wants More Worker-Owned Firms To Sustain Economy
(DBN)

Vultures Circle GHG As Restructuring Looms
(DBN)

Peacocks survival hopes fade after RBS cuts lifeline
(DBN)

______________

EU:

S&P Cuts Credit Ratings for Nine EU Nations --- Says Europe Is Still Missing The Point --- Europe hit by downgrade speculation --- Downgrade impact circles globe --- A Long Bleak Winter --- The One Winner From The Eurozone Downgrades --- Euro Rescue Fund Will Have to Be Modified: S&P
(DBN)

No new French austerity after downgrade-minister --- Sarkozy vows reform after France downgrade --- Sarkozy calls for courage, calm --- In A Dead Heat With The 'Let The Euro Die' Candidate
(DBN)

Downgrade Not Worst of France's Problems: Analysts
(DBN)

Average common denominator
(DBN)

Yard Sale! Nine EU Countries' Debt on Down Slope
(DBN)

Why Jamie Dimon Is Worried About Europe
(DBN)

The Future Of The Euro
(DBN)

European Stocks Advanced For 4th Successive Week On Italy & Spain Debt Sales
(DBN)

Europe divided over bailout fund boost after S&P action
(DBN)

Merkel says eurozone must act fast --- Says Downgrades Show Euro Leaders Must Redouble Efforts
(DBN)

After the downgrades comes the downward spiral
(DBN)

Goldman's Jim O'Neill: Europe Needs Growth, Not Austerity
(DBN)

The Least Economically Free Nations In Europe
(DBN)

The Ugly Truth Behind the “Good News”
(DBN)

European Bank Dividends Poised to Tumble
(DBN)

Hungary Bonds Retreat as IMF Demands Tangible Steps on Policy
(DBN)

The Lure to Leave the Euro May be Irresistible
(DBN)

The Staggering Cost Of Youth Unemployment Across Europe
(DBN)

Record bank deposits at ECB show unease in eurozone banking system from crisis
(DBN)

______________

PIIGS:

JPMorgan could lose $5 billion from PIIGS exposure: report
(DBN)

Greek debt talks break down --- Coupon Dispute --- Set to resume this week --- Debt bailout fears over deadlock on Greek default --- Greek bankruptcy threat looms as debt restructuring talks break down --- Disagreement Everywhere, Rift In The Troika
(DBN)

Greece: Banks must find 15 billion euros
(DBN)

As Reforms Flag in Greece, Europe Aims to Limit Damage - The country has neither the ability nor the will
(DBN)

The Date When It Was First Obvious That Greece Would Default
(DBN)

Growing Doubts about Greece
(DBN)

Greek PM Says Exiting Euro Not An Option
(DBN)

Greek Opposition Widens Lead, Left Parties Gain – Poll
(DBN)

Greek PM confident debt talks will be clinched in time
(DBN)

Divide Emerges Between IMF and EU Over Failed Greek Austerity Measures
(DBN)

Greeks warn of disaster
(DBN)

Merkel To Greece: Painful Austerity First, Economic Growth Second
(DBN)

Greek Banks In Worse Shape Then Estimated
(DBN)

A Greek Default Would Hit the ECB Hard
(DBN)

ie: Taxpayers lose most in Quinn bankruptcy
(DBN)

Sean Quinn faces bankruptcy bid in Irish court
(DBN)

An Italian Couple Committed A Double Suicide — And Dedicated It To Berlusconi
(DBN)

Majority of Italians No Longer Trust the Euro: Poll
(DBN)

______________

China:

China A Harbinger For Global Slowdown
(DBN)

How China Could Easily Have A Hard Landing With Any Slowdown In Construction Growth
(DBN)

______________

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Copyright 2011