January 3, 2012

The Daily Bankruptcy News

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Law:

Bonus Watch: Hogan Lovells
(DBN)

Litigators of the Year
(DBN)

Litigation Department of the Year --- The Complete Game
(DBN)

Predictions for 2012
(DBN)

No Holiday Respite for Lawyers Working on Howrey Bankruptcy
(DBN)

From Biglaw to Boutique: Top Ten Differences
(DBN)

40,000 new laws to go into effect in 2012
(DBN)

General Counsel on Their Issues for 2012
(DBN)

For Big Pa. Firms, a Year of Poaching Groups
(DBN)

Leading American Bankruptcy Lawyers (scroll down)
(DBN)

Deutsche Telekom, Marvel, SK Holdings, HP in Court News
(DBN)

TCW, JPMorgan, Marvel, HP, Citigroup, AT&T in Court News
(DBN)

Credit Suisse, Madoff, Alcoa, GE Healthcare, Exelon Settles in Court News
(DBN)

MetLife-GE Bank Deal, Other Transactions Keep Firms Busy During End-of-Year Lull
(DBN)

Court upholds charges a woman cheated on N.Y. bar exam
(DBN)

Atticus Finch, law professor?
(DBN)

St. Mary’s University will let students earn bachelor’s degree and law degree in six years
(DBN)

Law School Transparency: "Scholarships" --- 2011: The year the bubble began to burst
(DBN)

Long Island real-estate lawyer disbarred after $250 bribery attempt
(DBN)

McElhaney: What It Really Means to Talk Like a Lawyer
(DBN)

ATL’s Top Ten Most Popular Stories of 2011
(DBN)

Man in tuxedo robs Denny's at gunpoint
(DBN)

No Charges For Man Who Shot Intruder With Bow And Arrow
(DBN)

May Police Cut a Drug Baggie off a Suspect’s, uh, Nether Regions?
(DBN)

Monkey stolen from SF Zoo found scared but OK
(DBN)

Cops: Man impaled by tree branch steered car to safety, saving wife
(DBN)

Library Sends Police To Collect Overdue Books From 5-Year-Old Girl
(DBN)

Cops: Man Steals Ambulance, Tries Driving Himself to Hospital for Treatment
(DBN)

Man tries to pay for vacuum cleaner, microwave at Walmart with $1 million bill
(DBN)

Woman Allegedly Accuses Man With Arabic Surname Of Terrorist Plane Threat After He Ends 4-Day Fling
(DBN)

Woman Guilty of Killing Son by Breast-Feeding Drunk
(DBN)

More duct-taping parents arrested
(DBN)

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Judges:

U.S. Chief Justice Offers Confidence in Recusals
(DBN)

Did the SEC Ruin Rakoff’s Christmas?
(DBN)

Gingrich threats a dark omen for courts?
(DBN)

Citing Judge Gableman's free legal work from law firm, DA asks justices to reopen bargaining case
(DBN)

Disclosure Reports Show Texas Federal Judges' Investments, Gifts and Trips
(DBN)

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Wall Street:

U.S. Futures Rise
(DBN)

$6.3 Trillion Wiped Off Global Markets in 2011
(DBN)

U.S. shares lower on Spanish deficit worries
(DBN)

Flurry of Trades in Final Seconds Snatched Away 2011 Advance --- Stocks Erase Yearly Gain as S&P 500 Moves Least Since 1947
(DBN)

European shares higher on German manufacturing
(DBN)

Stocks in 2012: Up, up, but not away
(DBN)

On Wall Street, a Renewed Optimism for Deals
(DBN)

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Layoffs:

U.S. Employment Probably Picked Up in Dec.
(DBN)

Just 55% Between 16 and 29 Have Jobs
(DBN)

Jobless Rely on Family More Than Government
(DBN)

The Second Economy
(DBN)

How I recovered after the factory closed
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

FDIC Issues 72 Enforcement Actions Against Problem Banks In November
(DBN)

Why banks make bone-headed decisions
(DBN)

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Autos:

US auto sales poised for another year of growth
(DBN)

Saab engineers recruited by Saab AB, Volvo AB
(DBN)

Mahindra & Mahindra eyes Saab Automobile --- Sale rumors intensify
(DBN)

The future of the Saab trademarks: trademarks in bankruptcy
(DBN)

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Municipalities:

Jefferson bankruptcy suit attracts brigade of lawyers
(DBN)

Jefferson County's list of creditors long, diverse --- 4161 listed
(DBN)

Harrisburg City Council attorney submits $90,000 bill
(DBN)

State Budgets Are Still In The Red And It Will Only Get Worse
(DBN)

Philly council member to retire today, collect $478,057 pension check, return to work Monday
(DBN)

Muni Yields End 2011 Near LBJ-Era Low
(DBN)

Iowa's turnaround town
(DBN)

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Telecoms:

Verizon Drops Plan for $2 Fee on Some Bill Payments
(DBN)

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MF Global:

When Belief in the System Fades
(DBN)

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Utilities:

AES Coal Power Plants in New York State File for Bankruptcy
(DBN)

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Shipping:

Chinese Shipbuilding Orders Fall 47% on Slowdown
(DBN)

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Photography:

What does 2012 hold for Kodak?
(DBN)

Kodak: Will it make the big announcement in 2012?
(DBN)

Kodak Loses Third Board Member In 2 Weeks
(DBN)

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Management:

The 7 Habits Of Spectacularly Unsuccessful Executives
(DBN)

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Mass Torts:

Kenneth Feinberg Talks About his Postdisaster Experiences
(DBN)

BP Seeks Recovery of Damages From Halliburton
(DBN)

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Corporate Governance:

Noteworthy 2011 Corporate and Commercial Decisions from Delaware’s Supreme Court and Court of Chancery
(DBN)

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Economy:

For 2012, Signs Point to Tepid Consumer Spending --- Consumption Is Not Returning to Bubble Levels
(DBN)

America's new poor
(DBN)

The True Federal Debt
(DBN)

I Just Got Here, but I Know Trouble When I See It
(DBN)

Why We Are Uneasy About Global Economy in 2012
(DBN)

Treasuries Set for Best Year Since 2008
(DBN)

Wyden-Ryan's Unrealistic Assumptions
(DBN)

The United States Is Still Broke
(DBN)

US Growth May Accelerate as Europe Shrinks
(DBN)

10 Reasons Why The American Economy Is Awesome
(DBN)

A Year of Me-Firsts, and of Lessons Relearned
(DBN)

The Peltzman Effect: Why Economic Growth Has Slowed in the US Over Time
(DBN)

The Invisible Force That's Saving The US Economy
(DBN)

You Can't Solve A Debt Problem With More Debt
(DBN)

Loss of faith in democracy could make 2012 the most frightening year ever
(DBN)

Crude oil above $109 on Iran tension, Chinese data
(DBN)

2012 Medicare debate is all about the baby boomers
(DBN)

U.S. Population 2012: Nearly 313 Million People
(DBN)

Occupy the Safety Net
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Credit Suisse Sued by Dutch Fund Over Mortgage Investments
(DBN)

DJ Commercial Bond Investors Sue To Stop Las Vegas Loan Sale
(DBN)

Sloppy seconds: Feds probe million$ in 'double-billing' by banks - UST investigating
(DBN)

Robert Shiller: Here's One Way To Repair The Housing Market
(DBN)

Lien stripping could be in Minnesota's future
(DBN)

A New Theory of the Role of the GSEs in the Housing Bubble
(DBN)

Backtracking U.S. Lawmakers Expand Federal Role in Mortgages
(DBN)

2011 Ends With Lowest Rates Ever, 2012 Forecasts
(DBN)

Foreclosures Roll On In Virginia, Even Over The Holidays
(DBN)

Delaying foreclosure: Borrowers keep homes without paying
(DBN)

In Mortgage Crisis, Some Banks Agree To Cut Losses
(DBN)

Vacant houses outnumber homeless people in US
(DBN)

Charities Get More Donated Homes
(DBN)

NYC strict on bank foreclosure foul-ups
(DBN)

Florida AG presses appellate court over foreclosure assignment issue
(DBN)

MERS authority to foreclose upheld on appeal
(DBN)

Ally won't force ResCap into bankruptcy
(DBN)

The World's Best Places To Live And Work
(DBN)

The 10 Ugliest Home Interiors Of 2011
(DBN)

12 Ways To Sell Your House In This Crappy Market
(DBN)

MGIC Puts $200 Million in Mortgage Unit as Capital Waiver Ends
(DBN)

Fitch downgrades Chase CMBS due to more losses on specially serviced loans
(DBN)

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Fraud:

Madoff Trustee Revises Fictitious Statements to $52 Billion
(DBN)

Rothstein Says Funds Didn't Warn Investors --- Testifies Fund Executives Aided Ponzi Scheme
(DBN)

Wharton Graduate Convicted in $21 Million New York Bank-Fraud Case
(DBN)

Stanford Seeks to Delay Trial After Defense Expert Witnesses Quit Over Pay
(DBN)

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Retailing:

Sears Chief Says Retail Turnaround Means Melding Tech With Store Upgrades
(DBN)

RoomStore Inc., in bankruptcy, issues new checks to customers owed money
(DBN)

Why Best Buy is Going out of Business...Gradually
(DBN)

______________

Aviation:

2012 spotlight rests on AMR bankruptcy case
(DBN)

Airlines survived 2011, though not that many thrived
(DBN)

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Politics:

Mitt: Obama's promises are like Kim Kardashian's wedding vows --- Newt: Obama should decline pay this year
(DBN)

Rick Perry Campaign Plays Blame Game
(DBN)

Rick Perry's Mysterious Corporate Cash
(DBN)

GOP Candidates Emphasize Their Poor Backgrounds
(DBN)

Obama Says He Is 'Hopeful' for 2012, Greater Economic Growth
(DBN)

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Lehman:

Zell Archstone Stake Would 'Impair' Asset Value, Lehman Says
(DBN)

US Judge Delays Decision on Reviewing Lehman's JPMorgan Suit
(DBN)

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Corporate Reform:

The Top SEC Settlements of 2011
(DBN)

Consumer Protection Made Gains in 2011
(DBN)

The audacity of the SEC in the Citigroup case
(DBN)

Lawmakers to press SEC to change rules on settlements for wrongdoing
(DBN)

Regulators Fleeing Credit Raters Embrace "Zero-Risk Greek Bonds"?
(DBN)

______________

Ethanol:

Ethanol Caps First Yearly Loss Since 2008 as Tax Credit Expires
(DBN)

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Debt Collection:

Ex-president of Erie’s Unicredit takes the Fifth, again
(DBN)

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Food/Beverage:

How many restaurants is too many?
(DBN)

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Movie Theaters:

Movie Attendance Dips to 16-Year Low
(DBN)

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Coins:

Creditors seek trustee to run IRC
(DBN)

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Celebs:

Troubles mount for another Michael Jackson doctor
(DBN)

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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)

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:

Bankruptcies And Distress In 2012
(DBN)

Business Restructuring Review
(DBN)

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Bankruptcy Statistics:

Sacramento-area bankruptcies down in 2011
(DBN)

The Decline in Bankruptcy Filings by Chapter
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Examiners:

Dynegy bankruptcy examiner to be appointed
(DBN)

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Obits:

Judge helped shape bankruptcy practice
(DBN)

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Litigation:

New York's Newest E-Discovery 'Best Practices' and Rules
(DBN)

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IP:

Seventh Circuit Holds Trademark License Not Assignable in Bankruptcy Case
(DBN)

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Professional Fees:

Retainer Protects Chapter 11 Attorney’s Fees From Disgorgement under Section 726(b)
(DBN)

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Automatic Stay:

Regulatory Stay Exception Does Not Shield Creditor Filing Regulatory Complaint
(DBN)

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Avoidance Actions:

Adult Child’s Tuition Payments Avoidable as Fraudulent Transfers
(DBN)

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Insurance:

Clico Creditors Still Face $18.4M Insolvency Gap
(DBN)

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Sovereigns:

The Year Governments Lost Their Credibility
(DBN)

World’s Biggest Economies Face $7.6 Trillion in Maturing Debt
(DBN)

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UK:

Everyone Is Starting To Realize The Size Of Britain's Debt Crisis
(DBN)

Manufacturing slumps in Q4 , recession looms
(DBN)

Few Women Directors, Excessive Pay Are U.K. 'Failings,' FT Says
(DBN)

Cameron Pledges Action to Tackle Excessive Pay in U.K. Financial Services
(DBN)

U.K. Pension Saving Falls to Lowest in 10 Years
(DBN)

More than 20,000 Scots 'will go bust' in 2012
(DBN)

Retail chains throughout the UK face closures and bleak 2012
(DBN)

Young people biggest users of debt relief orders, figures reveal
(DBN)

US Investors Sue Lloyds Chiefs Over HBOS
(DBN)

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EU:

Euro Leaders Seek to Buy Time in Crisis as Debt Sales Loom
(DBN)

The European 'Slow-Motion Train Wreck'
(DBN)

Euro Crisis Spoof Becomes YouTube Hit
(DBN)

EU: Austerity Brings Misery to All
(DBN)

Year-End Bets Against Euro Hit Record
(DBN)

Sarkozy to meet Merkel in Berlin on January 9: Elysee --- Sarkozy: France's future hangs in balance in 2012 --- Majority of French Say Euro a Handicap Since 2008
(DBN)

Austerity Reigns Over Euro Zone as Crisis Deepens
(DBN)

No Fireworks for Euro as It Reaches the 10-Year Mark
(DBN)

The euro's forefathers are having second thoughts about what they created
(DBN)

The Lies that Europe's Politicians Tell Themselves
(DBN)

Euro Will Lose a Country in 2012 as Breakup Begins, CEBR Says
(DBN)

Euro Slips to 11-Year Low Against Yen as Region’s Debt Woes Enter New Year --- Ends year as world's worst performing currency
(DBN)

Year-end bets against euro hit record
(DBN)

EURO-MESS: Your Complete Guide To All Of Those Euro Crisis Acronyms And Abbreviations
(DBN)

Europe's Far-Right Are Blaming This Minority For A Financial Crisis Again
(DBN)

Unemployment In France Hits A 12-Year High
(DBN)

Dutch Manufacturing Fell for Fourth Month as Employment Shrank
(DBN)

German Government Borrowing to Almost Double Next Year
(DBN)

German unemployment edges up in December, but overall picture positive --- Job Market Continues To Be Freakishly Strong
(DBN)

Weak manufacturing output signals eurozone's slide to recession
(DBN)

Hungary Debt Level Rises to 83% of GDP --- Bond Yields Jump to 2 1/2-Year High
(DBN)

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PIIGS:

Greek finance ministry official charged in tax case
(DBN)

Greece Is Kicking Off The New Year With A Labor Strike
(DBN)

Greeks must avert economic collapse, euro exit: leader
(DBN)

Most Greeks Prefer to Remain in Euro, Early Election, Poll Shows
(DBN)

Non-Payment of Credit Default Swaps on Greek Debt
(DBN)

Greece may need more than 50-pct haircut, says report
(DBN)

Germany Says Greek Debt Talks Near End Amid Writedowns Report
(DBN)

Greek stock index drops 52 pct in 2011
(DBN)

New taxes set to eat into Greek incomes
(DBN)

Greece: Clinch Bailout or Face Euro Exit
(DBN)

First Quarter 2012 Critical for Greece’s Stay in Euro
(DBN)

Former Dutch central banker doubts Greece
(DBN)

Spain: The 2011 Deficit Is A Lot Higher Than We Thought --- Rescued Spain Banks Paid Directors $104 Million --- Spain Raises Taxes, Cuts Spending --- Spain jobless claims rise slightly in December
(DBN)

Italians Must Make Sacrifices to Avoid Collapse, President Says
(DBN)

ie: 170 companies folded every month in 2011
(DBN)

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BRICs:

Manufacturing Grows in India, China as Most of Europe Struggles
(DBN)

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China:

Index Points to Weakness in Chinese Economy
(DBN)

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MENA:

Dubai Shares Drop Most in More Than a Week on Profit Concern
(DBN)

Syria: More Die In 'Biggest Protest So Far' --- Half a Million Take to the Streets --- Diplomacy Fails to Stop Clash
(DBN)

Saudi Arabia: A nation of idlers
(DBN)

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Australia:

Latest attempt to extinguish wily phoenixes lacks firepower
(DBN)

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Copyright 2011