January 20, 2012

The Daily Bankruptcy News

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Law:

Four Law Firms Are Back on Fortune’s List of 100 Top Workplaces
(DBN)

When a Company Sounds Suspiciously Like a Law Firm
(DBN)

NALP Sees Decline in Part-Time Lawyers at Law Firms for First Time in 17 Years
(DBN)

Guess Who Wants to Go Part-Time?
(DBN)

Law Firms Get the Marriage Bug
(WSJ: separate paid subscription required)

With Kodak Bankruptcy, a First for Sullivan & Cromwell
(DBN)

State of the Market – Texas
(DBN)

Bonus Watch: Goodwin Procter Makes Good
(DBN)

Burr and Forman Names New Bankruptcy Partner
(DBN)

Quinn Emanuel raises NQ salary to £97,500
(DBN)

Kirkland & Ellis London Managing Partner quits
(DBN)

Hundreds of DLA Piper partners to be asked for cash
(DBN)

Camerons pulls out of high-profile new office deal, will stay in shabby building
(DBN)

'Doubly snake bit' law firm loses fight against ex-partner
(DBN)

Lawyer , 65, Allegedly Forgot Loaded Gun in DFW Carry-On
(DBN)

If it comes across your desk, then you're responsible for it.
(DBN)

What ‘Can’t’ You Do With a Law Degree?
(DBN)

DLA names new US management as Knowles takes new term at top
(DBN)

Insider Trading , Goldman, Carlyle, Ally, TD in Court News
(DBN)

RBS, BP, JPMorgan, Cantor Fitzgerald, News Corp. in Court News
(DBN)

ABA may require law schools to provide detailed job data
(DBN)

Will Robert Ringley Be Returning to Ave Maria School of Law?
(DBN)

Law School Transparency: The revolution will not be cite-checked
(DBN)

Should Law Schools Pay Students To Quit?
(DBN)

Penn State defendants plead not guilty to perjury
(DBN)

Murdoch group in mass hacking payouts to Jude Law, other stars
(DBN)

Is Simpson Out-Wachtelling Wachtell?
(DBN)

Retire Your Legal Pad with an iPad
(DBN)

Federal Prosecutor’s Tech-Savvy Son, 14, Helps Cops Track Down Items Taken in Home Burglary
(DBN)

Best letter ever written to a Lawyer
(DBN)

Jurors rounded up off streets
(DBN)

Practice Pointer: Stop Using Letterhead When Suspended
(DBN)

'It Looks Like You're Trying to Use Word on an iPad'
(DBN)

Say What?!
(DBN)

Gang members arrested after boasting about murders online
(DBN)

Disbarred Ex-DA Who Pressured Workers in His Office for Sex Gets 1 Year, Apologizes for ‘Flirting’
(DBN)

Accused Amish Beard Cutter Offers to Install Electricity in Home to Power Electronic Monitoring
(DBN)

Costa Concordia: investigators probe role of young Moldovan woman on cruise --- Cruise ship's cook says captain ordered dinner after crash
(DBN)

‘We’re Not Pirates, We’re Just Providing Shipping Services to Pirates’
(DBN)

Woman Sues Disney Over "Unwarranted" Spanking
(DBN)

______________

Judges:

Spain's Garzon, champion of justice or egomaniac?
(DBN)

Two reports, one conclusion: NY courts hit hard by budget cuts
(DBN)

TV Station Lampoons Corruption Trial with Puppet Court Re-Enactment
(DBN)

Judge Says Defendant’s Facebook Posts Didn’t Influence Her Sentencing Decision
(DBN)

Jacoby Brief Asserts Need for Judge with ‘Profile in Courage’ and a Cash Infusion
(DBN)

Supreme Court Overturns 'Right v. Wrong' :)
(DBN)

One way to get around courtroom camera ban
(DBN)

Supreme Anxiety
(DBN)

Scalia defends originalist view of Constitution
(DBN)

______________

Wall Street:

US stock futures signal lower open for equities
(DBN)

U.S. stocks climb on earnings, economic optimism; DOW up 0.36
(DBN)

Merrill, Morgan Stanley brokerage results sag
(DBN)

Bonus Watch ’12: Goldman Sachs --- Morgan Stanley
(DBN)

Grim Comp Day at Goldman Sachs
(DBN)

Goldman Sachs Bonus Day Was A Tearjerker
(DBN)

New Normal on Wall Street: Smaller and Restrained
(DBN)

We’re in the dark about Wall Street pay
(DBN)

______________

Layoffs:

Jobless claims hit lowest point in nearly four years
(DBN)

100 Best Companies to Work For
(DBN)

If You're An Average Worker, You're Going Straight To The Bottom
(DBN)

Get a better job in 2012 --- 6 Careers to Watch
(DBN)

Layoffs easing for government workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Morgan Stanley Said to Reduce Senior Banker Pay 20% to 30%
(DBN)

Bank of America Offers to Buy Back $1.5 Billion of Bonds
(DBN)

For Bank Earnings, It’s Grading on a Curve
(DBN)

Sheila Bair: Shareholders could reap billions if big banks were broken up
(DBN)

Widespread Banking Failures Predicted As Housing Values Continue To Plummet
(DBN)

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Accounting:

PwC Named to Fortune's "100 Best Companies to Work For" List
(DBN)

______________

Financial Planners:

Financial Planner Bankruptcies Rising; CFP Board Tackles Issue
(DBN)

______________

Lehman:

Lehman Brothers' Swag--Sold!
(DBN)

______________

Municipalities:

Jefferson County Wins Access to JPMorgan Settlement Documents Over Bonds
(DBN)

Jefferson County Asks Judge to Clarify Footnote in Sewer Receiver Order
(DBN)

Jefferson County Bankruptcy Judge Says Sewer Debt Has No ‘Statutory Lien’
(DBN)

The Only 26 US Cities That Have Regained All Of The Jobs They Lost
(DBN)

Public Employees Fight for Shrinking State Pensions
(DBN)

Michigan's Emergency Managers Get Results
(DBN)

After raising income taxes 67% -- IL still $8.5B in debt
(DBN)

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Religion:

Fate of llama herd still in question - Trustee caring for animals
(DBN)

Former altar boy alleges sexual abuse , sues archdiocese
(DBN)

______________

Bankruptcy Crimes:

Golf Course Developer Gets 18-Month Sentence for Bankruptcy Fraud
(DBN)

______________

Politics:

Warren: Middle class is central issue
(DBN)

Elizabeth Warren 'money bomb' fundraiser tops $1 million in one day
(DBN)

Obama's first ad shows bankrupt Solyndra
(DBN)

Perry Quits, Endorses Gingrich --- 4 Economic Snafus That Sank Rick Perry
(DBN
)

Romney Blasts Occupy Wall Street Protester
(DBN)

Romney Was Not a Job Creator
(DBN)

Romney's tax plan could cut his own taxes by about 40%
(DBN)

Mitt Romney booed over tax returns during Republican debate
(DBN)

Mitt Romney's Bermuda tax holiday
(DBN)

Dingell calls Romney foe of auto industry
(DBN)

Gingrich's Ex-Wife Says He Wanted An 'Open Marriage' --- Lacks Moral Character to Be President, Ex-Wife Says
(DBN)

Inside Newt Gingrich's tax return
(DBN)

Santorum: Romney 'Like Kid Who Didn't Get What He Wanted for his Birthday, So He Smashed the Cake'
(DBN)

Rick Santorum's plan to slash taxes
(DBN)

Poll: Gingrich 33% Romney 31 %Paul 15% Santorum 11%
(DBN)

Why Are Republicans Attacking 'Vulture Capitalism'?
(DBN)

Debate brings out aggression in candidates
(DBN)

______________

Economy:

Consumer Prices Flat for 2nd Straight Month
(DBN)

Fed's Latest Easing Could Cost $1 Trillion: Economists
(DBN)

Why Taxes Aren't as High as They Seem
(DBN)

IMF slashes global forecast on eurozone crisis --- Lagarde warns on fiscal cuts before Davos
(DBN)

Momentum to drain from world economy in 2012: poll
(DBN)

Key Measures of Inflation moderate in December
(DBN)

Fewer layoffs , lower inflation give economy a lift
(DBN)

Rail Traffic Rebounds Sharply
(DBN)

Big powers wary as IMF calls for more funds
(DBN)

The 10 Fastest-Growing (and Fastest-Declining)Cities in the World
(DBN)

1861 Called And It Wants Its Currency Back
(DBN)

Poll: 54 percent blame Bush for economy
(DBN)

222 Years Of Long-Term Interest Rates
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

JPMorgan Chase Accused Of Fabricating Paperwork, Imposing Extra Costs On Borrowers
(DBN)

‘Robo’ Foreclosure Settlement Turns Political
(DBN)

Countrywide, AGs and the BofA turning point
(DBN)

Is Foreclosure Processing Deal in its Final Act? --- Foreclosure deal by Feb.
(DBN)

Housing Inventory Ends Year Down 22%
(DBN)

Mortgage originations down 20% at big four banks in 2011
(DBN)

Mortgage rates dip to record low of 3.88%
(DBN)

Mortgage Rates for Thursday, January 19, 2012
(DBN)

Phoenix foreclosures drop 16% in 2011, home prices also decline
(DBN)

California Home Sales Up, Prices Down
(DBN)

Fitch: Principal reductions meaningfully reduce mortgage delinquencies
(DBN)

Fed Sells $7 Billion of Mortgage Bonds From AIG's Rescue to Credit Suisse
(DBN)

Troubled Trump SoHo Is Auctioning Off Its Hotel And Remaining Condos
(DBN)

Tacoma: Rock Pointe owners file for bankruptcy
(DBN)

Homebuilders May Not Be Out of the Woods Yet
(DBN)

Single-family Construction Rises
(DBN)

Housing Starts Fall
(DBN)

Housing: Record Low Total Completions in 2011
(DBN)

_____________

Photography:

Kodak files for bankruptcy --- Kodak Bankruptcy By the Numbers --- Kodak over the years --- Kodak's Bankruptcy Details --- Ultimate fate yet to develop --- Battle set for Kodak's patent portfolio --- Well-known creditors, including Walmart, Target and Disney Studios --- 50 Largest Unsecured Creditors --- Factbox: Kodak creditors
(DBN)

Kodak Workers, Retirees, Investors Brace For Pain --- How Kodak bankruptcy affects workers, customers, retirees --- MVP plans to hold meetings for Kodak workers, retirees --- Employees Describe Mood at Kodak --- Retiree Imbalance Underlies Filing --- Kodak fallout develops
(DBN)

What Will Become Of The 'Kodak Moment'?
(DBN)

How long can Antonio Perez stay at Kodak ?
(DBN)

The Kodak Lie
(DBN)

Kodak Bankruptcy To Trigger Payouts on Credit Swaps, ISDA Says
(DBN)

Kodak Says Its Patents Are Worth Up to $2.6 Billion --- Apple Says Kodak Loan Terms Should Shield Disputed Patents --- Kodak Allowed to Borrow $650 Million While Planning Patent Sales
(DBN)

Kodak pays price for missing digital moment --- Bad Choices, Not Just Photography Going Digital, Put Eastman Kodak Into Bankruptcy
(DBN)

The Way Kodak Died
(DBN)

Rochester Mayor Tom Richards reacts to the Kodak bankruptcy ---Officials weigh in --- Gov. Cuomo Tells Rochester To Hang In There
(DBN)

NYSE Delists Kodak Stock After Chapter 11 Filing --- Kodak Retreats in Over-the-Counter Trading After Bankruptcy
(DBN)

Kodak isn't Going Down Without a Fight --- Faces Tough Road In Bankruptcy Court --- Says it is already changing --- Experts See Tough Road for Kodak to Reinvent Self --- Goodbye to the Kodak we all remember fondly --- Bankruptcy May Shed Photography, Bet on Digital Printing
(DBN)

Statement from PBGC on Bankruptcy Filing of Kodak Corporation
(DBN)

Mourning Kodak
(DBN)

Kodak To Make “Difficult Choices” On Philanthropy
(DBN)

Cleanup programs unaffected
(DBN)

Ex-Marketing Chief Hayzlett Discusses Kodak Bankruptcy
(DBN)

Invoices from creditors large and small frozen
(DBN)

4 Lessons From Kodak's Comedown
(DBN)

Kodak Aims to Continue Customer Programs
(DBN)

Kodak bankruptcy might mark beginning of UK pension battle
(DBN)

______________

Finance:

Companies Awash in Credit, Too
(DBN)

______________

Fraud:

Stanford Investors Endure ‘Living Hell’ as They Wait on Eve of Fraud Trial
(DBN)

Scott Rothstein's 'Uncle Bill' expected to plead guilty
(DBN)

Nortel execs say Deloitte approved of accounting --- Defense: No need to cook the book for bonuses, they would have been paid anyway
(DBN)

A Quick Look At How The FBI Turns Insider Traders Into Informants
(DBN)

' Insider trading Is rampant and routine'
(DBN)

US Vows to Expand Insider Trading Investigation as Fourth Ring Charged
(DBN)

Yet Another Insider Case Begins to Unfold
(DBN)

Accused Insider-Traders Post Bail As Probe Continues --- Allegedly Part Of 'Tight-Knit Circle Of Greed'
(DBN)

Analysts Plead Guilty To Insider Trading On Dell, NVIDIA Stock
(DBN)

Bharara's Wiretaps: The Latest Insider Trading Charges
(DBN)

Deutsche Analyst Sounded Alarm When Asked to Alter Numbers
(DBN)

______________

MF Global:

Stabenow hints at regulatory changes in wake of MF Global meltdown
(DBN)

No silver bullet to avert another MF Global : regulator
(DBN)

FSA Pressures Banks to Hand Over MF Global UK Client Money
(DBN)

______________

Health Care:

Lower Bucks Hospital out of bankruptcy
(DBN)

Kentuckiana wins county support
(DBN)

20 Years Of Experiments To Reduce Medicare Cost Have Failed Miserably
(DBN)

1 in 5 U.S. Adults Suffers Mental Ills
(DBN)

______________

Food/Beverage:

Ex-Giordano's owners deny looting pizza chain
(DBN)

Forget Commodity Costs, It's Clear What Really Drove Hostess Into Bankruptcy
(DBN)

______________

Distressed Investing:

Carl Icahn and David Tepper Are Positioning Themselves To Clean Up If LightSquared Goes Bust
(DBN)

______________

Credit/Debit Cards:

AmEx Slips as Revenue Disappoints
(DBN)

______________

Resorts:

Westin Hilton Head Island Resort & Spa and Westin La Paloma Resort & Spa Win Plan Approval
(DBN)

Lehman buys Moonlight, ushers resort into 'era of stability'
(DBN)

______________

Consumer Finance:

Payday Loans are First Target of New Consumer Protection Chief
(DBN)

______________

Personal Finance:

The Penny Pinchers Guide to Eating Cost Effectively Without Relying on Ramen
(DBN)

______________

Baseball:

To Grease Dodgers Sale, MLB Dishes Out Unusual Concessions
(DBN)

______________

Celebs:

OJ Simpson's Home to be Foreclosed On While the Juice is Not Loose
(DBN)

______________

Dietary Supplements:

Neways Completes Restructuring
(DBN)

______________

Shipping:

Financial distress in the shipping sector
(DBN)

______________

Oil/Gas:

Dems propose 'Reasonable Profits Board' to regulate oil company profits
(DBN)

______________

Private Equity:

Private equity tax bill coming
(DBN)

What's the point of private equity?
(DBN)

______________

New Bankruptcy Opinions
(2 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)

Kindle and ePub Versions of Bankruptcy Code (Updated)
(DBN)

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)

______________

Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

______________

Sanctions:

If Your Signature is On It, You’d Better Have Personally Reviewed It
(DBN)

_____________

Involuntary Bankruptcy:

At What Point Does a Dispute Become Bona Fide?
(DBN)

______________

Administrative Insolvency:

$85 Million Recovered On Behalf of LTV Bankruptcy Estate
(DBN)

______________

Automatic Stay:

Checkmate: Third Circuit Holds Automatic Stay Bars Participation in U.K. Pension Proceedings
(DBN)

______________

Consumer Bankruptcy:

Another bankruptcy preparer cited for contempt
(DBN)

______________

Litigation:

Likelihood of Lawsuits Falls
(DBN)

Federal Court Applies An Unfortunate Standard To Claw-Back Orders
(DBN)

Why Is the D.C. Court of Appeals Feeling Testy Toward E-Discovery Vendors?
(DBN)

Cornerstone Research Releases 2011 Securities Class Action Litigation Report
(DBN)

______________

Autos:

Ford salaried workers to get raises, bonuses
(DBN)

GM reclaims global sales crown
(DBN)

Saab Fans Rally Across the World
(DBN)

For Bankrupt Saab , a Wrenching Farewell to Its Heritage
(DBN)

Turkey's Brightwell Holdings Plans to Bid for Saab Automobile
(DBN)

China's Youngman To Take One Last Shot At Saab
(DBN)

Radio silence from Saab receivers as CLEPA acts
(DBN)

______________

Energy:

TXU: 91% Chance They Default
(DBN)

______________

Pharma:

NovaDel warns of possible bankruptcy
(DBN)

______________

Aviation:

American Airlines employees facing bankruptcy ups, downs
(DBN)

Airline falls short with pension ante
(DBN)

Becker Says Delta, AMR Would Gain From a Merger
(DBN)

Air India Lenders Undecided On Debt Restructure-Sources
(DBN)

Kingfisher Airlines in funding talks with Hong Kong's Lowy
(DBN)

Things You Can't Do on a Plane: Vol. 11
(DBN)

______________

Corporate Reform:

Consumer financial protection agency releases new payday loan field guide
(DBN)

Richard Cordray, CFPB Chief, Promises New Scrutiny Of Banks That Make Payday Loans
(DBN)

______________

Telecoms:

Accusations 'without merit,' Nortel execs' lawyer says
(DBN)

______________

Hedge Funds:

Investors Yank Money Out of Hedge Funds
(DBN)

______________

Mass Torts:

BP Should Be Held Liable for Gulf of Mexico Spill Before Trial, U.S. Says
(DBN)

Madison County asbestos docket feeds off intake firm referrals
(DBN)

______________

Debt Collection:

Minnesota accuses debt collector of breaking patient privacy laws
(DBN)

______________

Retailing:

Sears shares jump on report that CIT may resume funding
(DBN)

______________

Hotels:

Marriott terminates Cornhusker Hotel's franchise as of Feb. 5
(DBN)

______________

Television:

Endemol restructures debt
(DBN)

______________

Defaults:

Corporate default rates could be set to rise
(DBN)

______________

UK:

Kerry Katona close to bankruptcy again?
(DBN)

Pinsents and McGrigors in merger talks over near-£300m tie-up
(DBN)

Begbies Traynor’s Red Flag Alert shows a 24 per cent year on year increase of companies facing ‘critical’ levels of financial distress
(DBN)

Kodak's pension schemes underfunded --- UK pensioners may face fight with creditors
(DBN)

UK's Oldest Shopkeeper Retires at 103
(DBN)

Bankrupt: the polo playboy who owes a fortune to investors
(DBN)

Bankruptcy and winding-up petition reform
(DBN)

______________

EU:

Is the IMF's $600 Billion Plan too Late for Europe?
(DBN)

EU Toughens Fiscal Pact Bowing to ECB Objection --- The EU fiscal draft treaty: in full
(DBN)

Sale of Lehman dregs shows risks of ECB largesse
(DBN)

______________

PIIGS:

Hedge Funds May Pursue Human Rights Cases Against Greece --- Hedge Fund Rights Are Human Rights --- Vampire Hedge Funds Are Sucking Greece Dry
(DBN)

Greek Debt Agreement Falls Far Short of What’s Needed to Save Euro
(DBN)

At $400 billion, Apple is worth more than Greece
(DBN)

Greece' private bondholders say debt writedown talks made progress --- Talks to continue Friday --- Full PSI deal to come by Monday --- Time Running Out Fast for Greece While Investors Balk at Losses --- Greece Reaches Agreement With Private Creditors
(DBN)

Understanding Greece's bond swap deal
(DBN)

Greece Prepares For Troika Talks Friday
(DBN)

A Greek Default: It's a-Comin'
(DBN)

Greek Default Won't Lessen Contagion Risk: Strategist
(DBN)

Patience needed on Greek reforms - EU task force head
(DBN)

ie: Taxpayer has to foot bill for 'bankruptcy tourism'
(DBN)

Irish Economy to Miss Government Growth Forecast, Troika Say
(DBN)

Eurozone split by relief in Spain, tension in Greece
(DBN)

Italian Paper Likens Merkel to Shipwreck Captain
(DBN)

Greece pushes for debt deal as Italy launches reforms
(DBN)

______________

Canada:

Lawyer-client privilege seen to be key element in finance fraud probe
(DBN)

______________

MENA:

Iranian Central Bank Said to Face Asset Freeze by 27-Nation European Union
(DBN)

______________

Hong Kong:

HK bankruptcy petitions fall 16.3 pct in Dec vs Nov
(DBN)

______________

China:

Beijing targets trusts to stem shadow banking risks
(DBN)

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