January 5, 2012

The Daily Bankruptcy News

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Law:

Bonus Watch: Irell Whacks Cravath, Again
(DBN)

Orrick Wins Bid to Move Clawback Claim Out of Bankruptcy Court
(DBN)

Law Firm Merger Boom to Continue in 2012
(DBN)

Sullivan & Cromwell Tops Global M&A Advisers in Volatile Year
(DBN)

Anti-Catholic bankruptcy lawyer arrested
(DBN)

15 Firms and Companies Line Up For Outside Investor Licenses in UK
(DBN)

Orrick to Split Transactions and Litigation Groups In Attempt to Boost Profit
(DBN)

Finding the Right Methods to Drive Revenue at Your Firm
(DBN)

Pepper Hamilton Names Two Bankruptcy Lawyers to Of Counsel
(DBN)

Schulte Roth & Zabel Names New Bankruptcy Partner and New Bankruptcy Special Counsel
(DBN)

Skadden scoops Weil's McCahill for restructuring boost
(DBN)

Magic Circle M&A Laggards?
(DBN)

Baker & McKenzie bolsters Tokyo with Linklaters' insolvency lawyer
(DBN)

ATL Holiday Card Contest: The Winner!
(DBN)

ABA Details Reasons for Flunking Duncan Law School
(DBN)

In-House: Positioning Yourself As a Value Add
(DBN)

No More Miss Nice
(DBN)

BofA, Wegelin, JPMorgan, WJB Capital, BP in Court News
(DBN)

Citigroup, MF Global, Gupta, UBS, Chevron, Pfizer in Court News
(DBN)

"Professionals'…direct, personalized speech with clients receives no First Amendment scrutiny whatsoever" -- Does the First Amendment protect your right to speak for a living?
(DBN)

Review: iPad at Work
(DBN)

CloudOn Brings Native Microsoft Office Files to the iPad (with tracked changes)
(DBN)

What Do Employers Prefer? Moot Court/Mock Trial or Law Review?
(DBN)

Hiring Law Students for Free Online Research Is Widespread and Unethical, Opinion Says
(DBN)

If law schools took the medical school model seriously
(DBN)

Law School Transparency: The way we live now
(DBN)

Prosecutors Seek Court Order For Suspect to Turn Over Computer Password
(DBN)

I Just Want to Be Feared
(DBN)

Former Cops-Turned-Lawyers Sue Port Authority over Tolls Perk
(DBN)

Cops: Man gouges out uncle's eyes in fight over TV remote
(DBN)

911 operator tells woman it's OK to shoot intruder
(DBN)

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Judges:

John Roberts on Ethics: Move Along, Nothing to See Here
(DBN)

ABA Urges Judge Not to Intervene In Accreditation Denial
(DBN)

Law Profs, Judges Make List of Best Paying Lifestyle Jobs
(DBN)

Gingrich off base on judiciary
(DBN)

Can Montana get away with defying the Supreme Court?
(DBN)

Judge uses political funds to pay property taxes on home used for campaign headquarters
(DBN)

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Wall Street:

Stock futures down slightly after day of big gains
(DBN)

Dow Edges Higher as Auto Sales Trump Euro Worries --- Ends mixed a day after big gains
(DBN)

Markets come off boil amid renewed worries over Europe's banking sector
(DBN)

Job Cuts on Wall Street: Bad News Is Good News
(DBN)

Why Is Wall Street So Bullish After Such a Weak Year?
(DBN)

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Layoffs:

Jobless Rates Drop in Most Cities
(DBN)

Boeing to Shut Plant With 2,160 Workers as US Cuts Defense --- Boeing Betrayal Stirs Wichita
(DBN)

Obama plans to cut tens of thousands of ground troops
(DBN)

Seriously, If You Pick The Wrong Major Then Prepare To Be Unemployed
(DBN)

9 Surefire Ways To Destroy Employee Morale
(DBN)

The Next Great Jobs Boom In America?
(DBN)

With Unemployment Insurance, Is 99 Weeks the Magic Number?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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MF Global:

MF Global Plaintiffs Compete to Lead Lawsuit Against Corzine
(DBN)

Euro zone crisis, MF Global chill trading at CME, ICE
(DBN)

Who's who in the race to lead the MF Global class action
(DBN)

MF Global Parent Seeks More Time to File Statements
(DBN)

Freeh Files New MF Global Creditors List
(DBN)

MF Global Creditors to Discuss Rights in Brokerage Case
(DBN)

US Congress presses rating agencies on MF Global
(DBN)

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Fraud:

Hecker bankruptcy trustee gets OK on subpoenas
(DBN)

Raj Redux? Ex-Goldman Director Wants To Block Wiretaps At Trial
(DBN)

Ex-Goldman Director Gupta Says U.S. Case Undermined by Rajaratnam’s Lies
(DBN)

Rothstein: Law firm had love nest
(DBN)

Convicted Ponzi Guru Scott Rothstein Wasn’t Worried
(DBN)

Now We Have Impersonators Too.
(DBN)

Fla. Ponzi schemer implicates many others in crime
(DBN)

10 Business Insights From Ponzi Schemer Scott Rothstein
(DBN)

Imprisoned Ponzi-Schemer Ex-Lawyer Explodes at Murder Insinuation
(DBN)

Court tosses honest-services fraud conviction
(DBN)

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Banking:

Why we shouldn't guarantee all bank deposits
(DBN)

Bring Back Boring Banks
(DBN)

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Hotels:

A Clear Winner in Iowa and Beyond: Hotels
(DBN)

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Retailing:

Tallying the Christmas Rush: Sales Gain, Profit Pain?
(DBN)

Penn Camera files for bankruptcy as retail shake-up continues
(DBN)

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Movies:

Former Morgan Creek files for Chapter 11 bankruptcy
(DBN)

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Economy:

Fed Dealer Survey Sees Rate Increase in Second Quarter 2014 --- Why the Fed is publishing interest rate forecasts
(DBN)

Where income inequality comes from
(DBN)

Bill Gross Warns Of Financial Market Implosion And The End Of Economic Life As We Know It
(DBN)

Big Banks See Better Than 50/50 Odds of QE3
(DBN)

"Corporate psychopaths" caused the crisis, former British academic argues
(DBN)

American migration visualized
(DBN)

'True Revolution' Ahead for US Fiscal Future: Greenspan
(DBN)

Euro Zone Isn’t Only Potential 2012 Boogey Man
(DBN)

Goldman's Predictions for 2012, 2013
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Expanded Fannie, Freddie Role Could Help Heal Housing: Fed
(DBN)

Ben Bernanke offers a game-changing idea for the housing market
(DBN)

Richard Cordray Appointment Could Play Big for Housing
(DBN)

Debt forgiveness likely to dominate AG mortgage servicing settlement
(DBN)

The Restatement of Property and the Road to Mortgagocracy
(DBN)

Countrywide Might Have Been Better Off Herding Goats
(DBN)

MBIA v. Countrywide Ruling
(DBN)

BofA warned about financial impact of MBIA obtaining court favor
(DBN)

Experts: Housing Not Ready for Comeback
(DBN)

In or Out of Mortgage Trouble? A Study of Bankrupt Homeowners
(DBN)

Fannie Mae Plans to Disclose Loan-Level Data for Mortgage Bonds
(DBN)

Fannie Mae, Freddie Mac and the Financial Crisis
(DBN)

Rents, Incomes to Grow Together
(DBN)

Trouble at the Office for CMBS
(DBN)

Multifamily delinquency rate in CMBS falls to 15.6% in December
(DBN)

Lehman, banks set to square off over Archstone
(DBN)

Here's What $250,000 Will Buy In Housing Markets Around The US
(DBN)

_____________

Corporate Reform:

Defying Republicans, Obama to Name Cordray as Consumer Agency Chief --- Senate Republicans Could Delay Fed Confirmations Over Recess Appointment Fight
(DBN)

Recess Appointments, Technically without the Recess
(DBN)

"Declaration of war against Congress"
(DBN)

Let The Lawsuits Begin
(DBN)

Why Obama Was Right to Pick a Fight
(DBN)

Is the Cordray appointment constitutional? --- What is a recess? Constitution doesn't specify
(DBN)

The Main Reason Why Wall Street Is Scared Of CFPB Head Richard Cordray
(DBN)

Who is Richard Cordray, and what is he going to do?
(DBN)

Cordray's Ascent Expands Consumer Bureau Reach to Non-Bank Firms
(DBN)

Obama's Cordray Move Signals Readiness for Brawling Campaign
(DBN)

Scott Brown Backs Obama Recess Appointment
(DBN)

Attorneys general give green light to Cordray appointment
(DBN)

For Wall Street Overseer , Progress Comes at a Crawl
(DBN)

Tracking the Pace of Dodd-Frank Rulemaking for 2012
(DBN)

______________

Photography:

Kodak shares plunge on bankruptcy report --- Gets NYSE Warning --- Bankruptcy Weeks Away: Report --- May file if it can't sell patents --- Patent Pivot May Not Avert Bankruptcy --- Bonds Hammered --- Kodak's Impending Bankruptcy Not A Pretty Picture --- Ugliness, in Chart Format --- Surprises Some People? --- 'It feels like water torture' --- Report Concerns Retirees
(DBN)

What would a Kodak bankruptcy mean?
(DBN)

______________

Autos:

GM Leads US Automakers Securing Best Sales Year Since '08
(DBN)

Buy Here Pay Here Dealerships
(DBN)

Fiat gets another 5 percent of Chrysler
(DBN)

______________

Aviation:

Real People Reveal What Airlines They Hate The Most
(DBN)

New Rules Mean Full Disclosure For Airfares
(DBN)

Boeing Betrays Wichita After City Helped Win Contract
(DBN)

Bankruptcy For Cargoitalia
(DBN)

Japan Airlines aims to raise at least $6.5 billion in relisting --- Up to $13 Billion IPO Planned
(DBN)

American Airlines stock shifts to OTC market
(DBN)

______________

Politics:

2% of Americans think Romney's first name is "Mittens"
(DBN)

Ron Paul calls Newt Gingrich a 'chickenhawk'
(DBN)

Newt won't congratulate Mitt
(DBN)

Bachmann Out --- Out of the Race, But Still in Our Hearts
(DBN)

Rick Santorum: Google Him, Please
(DBN)

Guide to the Best Coverage on Rick Santorum and His Record
(DBN)

Reality Check Coming for Santorum
(DBN)

"Frugal" Santorum Becomes Millionaire in Six Years After U.S. Senate Loss
(DBN)

Convicted Lobbyist Abramoff Tells Lawmakers to Be Wary of Money
(DBN)

______________

Tax:

Bankers Charged At Oldest Swiss Bank With Hiding $1.2 Billion From U.S. Government
(DBN)

______________

Tech:

Trident Microsystems files for bankruptcy protection
(DBN)

______________

Celebs:

Antoine Walker's debt keeps daughter from private school, mom says
(DBN)

Dermatologist selling Michael Jackson's hat and Cher's Bentley
(DBN)

______________

Metals:

Bankrupt ZALCO in talks with 8 possible buyers
(DBN)

______________

Gambling:

Hooters likely to be sold in February
(DBN)

______________

New Bankruptcy Opinions
(3 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:

WaMu, Statistics, Coach America, Transwest, SP
(DBN)

Rochelle on LA Dodgers, Vitro, Dynegy, 2011 Statistics
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy filings fall in Albany court
(DBN)

Phoenix-area bankruptcy filings fall
(DBN)

Hawaii bankruptcies fall in 2011 for first time in five years
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Stern May Have Taken a Smaller Bite out of Core Jurisdiction than Previously Thought
(DBN)

______________

Avoidance Actions:

Court Upholds “New Value” Preference Defense Despite Post-Petition Payment of Claim
(DBN)

______________

Single Asset:

Single-Asset Entities Beware: Bankruptcy Court Dismisses Chapter 11 Petition Filed By Single Asset Limited Liability Company
(DBN)

______________

Secured Debt:

Pawnbrokers of last resort : when a pound of flesh is not enough
(DBN)

______________

Religion:

Dioceses recovering from bankruptcy
(DBN)

SIST leader Isaacson ordered arrested by federal bankruptcy judge
(DBN)

______________

Baseball:

Torre Looks to Add One Final Touch to Baseball Resume
(DBN)

Deal Closes Book on Dodgers’ ‘Next 50’ Project
(DBN)

______________

Compensation:

Top CEO Compensation of 2011
(DBN)

______________

Lehman:

Lehman Brothers: Treatment of TBA Contracts
(DBN)

______________

Education:

Grad School Math: Which Degrees Are Worth the Debt
(DBN)

Judge Balks at Departure Deal for Windrush Head of School
(DBN)

______________

Buses:

PE-backed Coach Am charters a stay in Ch. 11
(DBN)

______________

Health Care:

How $1 in health insurance gets spent
(DBN)

______________

Small Business:

Dear Small Business Owner, Here's Why The Bank Turned Down Your $50,000 Loan Collateral
(DBN)

______________

Magazines:

Jewish Times publisher, printer miss deadline for joint plan
(DBN)

Baltimore Jewish Times: Rifkin-led group proposes to buy majority stake in magazine
(DBN)

______________

Ethanol:

Federal subsidies ended for ethanol
(DBN)

Georgians on the hook for failed ethanol facility
(DBN)

______________

Mass Torts:

Asbestos: Dickie's in prison, suits go on @ about 2100 a year
(DBN)

Quebec asbestos miner files for bankruptcy
(DBN)

BP fund halts payments to spill victims pending clarification
(DBN)

______________

UK:

Short-sellers cast eye towards struggling UK retailers
(DBN)

TUPE does apply to transfers of companies in administration
(DBN)

Trade buyers vie for Blacks' assets
(DBN)

______________

EU:

Europe bond auctions crucial test for euro crisis
(DBN)

Fresh credit crunch fears as banks park record €453bn cash with ECB
(DBN)

Europe's trust breakdown
(DBN)

Bets against the Euro hit another record last week
(DBN)

The Other Reason Europe Is Going Broke
(DBN)

Europe's ticking time bomb: Credit default swaps
(DBN)

France's Borrowing Costs Rise at Bond Sale
(DBN)

German Retail Sales Unexpectedly Decline for a Second Month
(DBN)

______________

PIIGS:

Greek PM Warns of Default Without Loan Deal --- 'Uncontrolled Default'
(DBN)

US economist Sachs calls for EU, IMF help in PSI talks
(DBN)

Christofias: Differences Between Τwo Sides Remain
(DBN)

Greece to default without labour reform
(DBN)

Papademos Warns Fellow Greeks Economic Collapse Looms Without Sacrifice
(DBN)

Greek ferry firms under threat
(DBN)

Greece: New ideas for uprooting tax evasion
(DBN)

UniCredit plummets on €7.5bn cash call
(DBN)

______________

Canada:

LAB Chrysotile asbestos mine declares bankruptcy ‎
(DBN)

______________

China:

Chinese premier Wen Jiabao sends an ominous warning on the economy
(DBN)

______________

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