January 9, 2012

The Daily Bankruptcy News

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Law:

Legal Services Sector Loses 1,800 Jobs in December
(DBN)

"The jolt to the legal profession is real, and the world is not going back to the way it was"
(DBN)

Marketing 2.0 - Part 2
(DBN)

Doctor, Lawyer, Indian Chief: No safe harbour
(DBN)

From Biglaw to Boutique: Working for Free
(DBN)

Things Not to Say In-House – ‘I’m Bad at Math’
(DBN)

Egos Aside, Trial Lawyers Are Pretty Good at Predicting Verdicts
(DBN)

Eversheds makes strides towards eliminating pension deficit
(DBN)

Going for Partner: Play game like Rupert Murdoch
(DBN)

It's the Money, Honey
(DBN)

Lawyer's tactics leave him bankrupt
(DBN)

Building an online reputation can be tricky
(DBN)

App Friday
(DBN)

DLA Piper Throws Wrench in Reed Smith’s CA Expansion With 5-Partner Raid
(DBN)

Obama lawyers defend healthcare law in Supreme Court --- Even a legal healthcare victory may hurt Obama
(DBN)

Ex-Goldman Director Gupta, Lehman, Wells Fargo, Bayer, SK in Court News
(DBN)

Law professors dismayed at 'out of touch' comments by ABA pres --- Want Bill Robinson to Put a Sock in It --- Forget it, he's rolling --- J.D. not preferred
(DBN)

A prescription for law schools: Go back to the basics, return to 'terra firma'
(DBN)

Transfer Students Have Lower Credentials, but Boast More Prep and Competitive Grades, Study Says
(DBN)

AALS hears words of caution from departing dean
(DBN)

Longtime Legal Assistant Bypasses Law School, Passes the Bar
(DBN)

Lawyer Faces Criminal Contempt Charge over Explanation for Missed Trial Date
(DBN)

Ice Miller Lawyer Arrested in Alleged Scuffle Is Accused of Telling Cops to ‘Google Me’
(DBN)

Fired Lawyer Barred from Recruiting Ex-Firm Clients Because of Alleged Exaggerations
(DBN)

Apple Reportedly Threatens to Sue Over Steve Jobs Action Figure
(DBN)

Meltdown January 2012 - Insolvency International
(DBN)

Lawyer for Unmasked Actress Suing IMDb: 'My Client Is Willing to See This Case to Its Conclusion'
(DBN)

What’s Casey Anthony Up to These Days?
(DBN)

Burglar Breaks into Elderly Woman's Home, Stays for Holidays, Sets up Xbox
(DBN)

Beezow Doo-Doo Zopittybop-Bop-Bop
(DBN)

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Judges:

Carlota Bohm brings focus and experience to her new post on the bankruptcy bench
(DBN)

Judge has unruly defendant's mouth taped shut
(DBN)

Legislators Are Out to Take Over Their State Judiciary Systems
(DBN)

Breyer wades into Supreme Court ethics debate
(DBN)

Will the Bar Stand Up to Gingrich's Tirade Against Judges?
(DBN)

Defense: Judge’s “Mr. Guilty” slip-up was prejudicial
(DBN)

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Wall Street:

US stock futures trade flat
(DBN)

U.S. stocks dip as market shrugs off jobs report; Dow down 0.45%
(DBN)

Earnings growth falters for S&P 500
(DBN)

Investors Continue to Yank Money Out of Stocks
(DBN)

Stocks: All about Europe and earnings
(DBN)

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Layoffs:

Nation adds 200,000 jobs in December hiring surge --- Morgan Stanley Warns 42,000 "Jobs" Bogus Due To Seasonal Quirk --- 12 years to reverse America's job losses at our current rate
(DBN)

For Many Americans, Jobs Crisis to Last Many Years
(DBN)

The Winners and Losers in The Jobs Report
(DBN)

Men have scored 97 percent of new jobs since mid-2009
(DBN)

Unemployment near three-year low
(DBN)

Older Workers Getting in the Way of Young
(DBN)

Healthcare added the most jobs this year of any American industry
(DBN)

The Scariest Jobs Chart Ever
(DBN)

Obama to promote insourcing of jobs --- A look at Obama's jobs record
(DBN)

Private Sector Gets Job Skills; Public Gets Bill
(DBN)

For some unemployed, odd jobs are the new normal
(DBN)

Layoffs Watch ’12: Morgan Stanley
(DBN)

Unemployment insurance only for grads?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Bonus battles: Disgruntled bankers threaten to sue or walk
(DBN)

Goldman, Morgan estimates cut
(DBN)

There Are 30 Million Americans Without Bank Accounts
(DBN)

Federal Judge Vacates Colonial Bankruptcy Ruling Against FDIC
(DBN)

Bank Regulators to Allow Leeway on Capital Rule
(DBN)

The Latest FDIC Failed Bank Lawsuit
(DBN)

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Hedge Funds:

Icahn’t believe Carl’s 35% return
(DBN)

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Autos:

Marchionne steers Chrysler from battlefield, out of bankruptcy
(DBN)

GM stares down its past
(DBN)

Once Struggling Auto Market Likely to Grow
(DBN)

Infographic: A troubled run for U.S. auto industry
(DBN)

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Opera:

City Opera Locks Out Performers
(DBN)

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Baseball:

Mets hire company that helped Rangers in bankruptcy --- Deny Rumors Of Impending Bankruptcy
(DBN)

The Broke and the Beautiful: Joe Torre Edition
(DBN)

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Defaults:

Moody's Sees Slow Rise In Defaults
(DBN)

Company Credit-Default Swaps in U.S. Unchanged as Unemployment Rate Falls
(DBN)

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Retailing:

Best Buy CEO Defends Himself Against Reports That His Company Is Slowly Dying
(DBN)

“The retailers that cater to the middle class are struggling"
(DBN)

Barnes & Noble Falls After Projecting Wider Full-Year Loss
(DBN)

Barnes & Noble Rages Against The Dying Of The Light
(DBN)

Borders Gift-Card Holders Demand Payment
(DBN)

Annie Sez Chain Owner Said to Plan Bankruptcy Filing as Early as Next Week
(DBN)

Hilco to Liquidate 18 RoomStore Locations
(DBN)

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Economy:

Corporate Profit Growth at 2-Year Low as U.S. Feels Europe Drag
(DBN)

Obama Says Jobs Number Shows Economy Starting to Mend

Fed Nears Adopting Price Goal as Bernanke Pushes Openness
(DBN)

Concerns Fed transparency plan may spark volatility
(DBN)

Strong data damps Fed need to buy bonds: Bullard
(DBN)

Obama declares it's a 'make or break moment' for middle class --- Dream’s dark hour
(DBN)

White House proposes pay increase for federal workers
(DBN)

Rubio To Obama: You're Turning America Into 'deadbeat Nation' --- Is America Becoming a 'Deadbeat' Nation?
(DBN)

White House threw secret 'Alice in Wonderland' bash during recession
(DBN)

Here's Another Demographic Advantage The US Has Over Others --- Fewer Kids in the U.S.
(DBN)

Americans' Spending Rises Modestly in December
(DBN)

Good Economy Not Good Enough for Investors: El-Erian
(DBN)

U.S. manufacturing workers earn less than half as much as their Canadian equivalents
(DBN)

Americans See Economic Cup Half Full
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

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Real Estate:

NY Fed believes Fannie, Freddie should order principal reductions
(DBN)

The Fed on Mortgage Servicing
(DBN)

Fed Targets Mortgage Servicers --- Fed Should Fine Law-Defying Mortgage Servicers
(DBN)

Foreclosure Lawyer Could Lose Her Home Because Of Alleged Bank Error
(DBN)

American Home Ordered to Pay Fine to Bankrupt Borrowers
(DBN)

4 Completely Unexpected Home Renovation Costs That Can Really Add Up
(DBN)

Fed governor suggests tight underwriting is stalling recovery
(DBN)

Phoenix home sales rise for 12th month in a row
(DBN)

Why The Plunge In Apartment Vacancies Is A Really Big Deal
(DBN)

12 Markets Where It's Better To Rent A Home Than To Own It
(DBN)

Freddie Mac Is Going To Give The Unemployed A Break On Mortgage Payments For Up To A Year
(DBN)

Home prices almost always go up when a country's demographics improve
(DBN)

The untold story of General Electric’s subprime debacle
(DBN)

Florida AG cleared in firing of foreclosure investigators
(DBN)

Moody's: REITs strong enough to weather recession
(DBN)

Fitch: CMBS delinquencies down to 8.37% in December
(DBN)

Sam Zell Is Entitled to Option on Archstone, Lehman Judge Says
(DBN)

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Lehman:

Lehman Bankruptcy Judge Refuses to Block Banks' Archstone Deal
(DBN)

______________

Politics:

Wall Street money for Warren?
(DBN)

Falling unemployment lifts election odds for Barack Obama --- In elections, jobless trend matters more than rate --- Does the Obama Administration Really Want People to Celebrate Job Growth That Will Get Us Back to Full Employment in 2028?
(DBN)

Obama Adviser Says Romney Lacks Evidence for Job Creation Claims
(DBN)

Perry Preps With A Pistol
(DBN)

Rick Santorum: 9 Things You Need to Know
(DBN)

Huntsman outraged at ad targeting adopted daughters
(DBN)

Newt: Blacks should demand paychecks, not food stamps --- Unemployment falls ... but not for blacks
(DBN)

Pro-Gingrich Group Lambasts Romney for ‘Predatory’ Capitalism

FactCheck: Newt's Gain without Pain
(DBN)

Romney's steel skeleton in the Bain closet --- Evidence Is Lacking That Romney's Bain Capital Created Jobs
(DBN)

______________

Corporate Reform:

SEC to change policy on companies' admission of guilt --- Will demand admission of wrongdoing in some cases --- Dodges on 'Admit or Deny' --- Lipschutz: A Small Step Toward Settlement Sense
(DBN)

Richard Cordray On CNBC, Mentioning Jamie Dimon And Staying Totally On Message --- Called Smart, Tough
(DBN)

Legitimacy of Cordray confirmation under the microscope
(DBN)

Republicans Seek Legal Ruling on Obama Recess Appointments
(DBN)

Obama bypasses the Senate, but it left him no choice
(DBN)

Consumer Bureau Working With Banks: Cordray
(DBN)

Whistleblowers earn a record $532 million in 2011
(DBN)

______________

Aviation:

Cantor Fitzgerald Asks to Continue Sept. 11 Case Against Bankrupt AMR
(DBN)

American Airlines workers put blame on management
(DBN)

______________

Municipalities:

Jefferson County Judge Limits Authority of Sewer Receiver
(DBN)

Bankrupt JeffCo pushing for more cuts
(DBN)

Brutal losses in state and local jobs --- But Cutbacks Slow
(DBN)

Man Gets Ticketed For Calling 9-1-1 About Break-In At His Mom's House
(DBN)

A Missouri Town's Sweet Dreams Turn Sour
(DBN)

Whoever does it, restructuring Detroit will require lots of cash
(DBN)

Detroit Has Little to Celebrate
(DBN)

Emergency Manager for Detroit inevitable?
(DBN)

Harrisburg, Pennsylvania’s Debt Driven Up by Profit From Fees, Lawyer Says
(DBN)

The right kind of broke? Judge weighs deeply insolvent county's eligibility for Chapter 9 protection
(DBN)

______________

Compensation:

Undercover zillionaires
(DBN)

$24 Million Golden Hello
(DBN)

New twist to executive compensation disclosures
(DBN)

______________

Hotels:

Days Inn owner files for bankruptcy
(DBN)

______________

Fraud:

Stanford Says His Constitutional Rights Were Violated
(DBN)

Pearlman's victims may get payoff from banks that lent him millions
(DBN)

______________

Health Care:

Bankrupt hospital withdraws request for Clark County's help
(DBN)

______________

Textbooks:

Nebraska Book Will Continue to Evaluate Underperforming Stores
(DBN)

______________

Food/Beverage:

Americans’ Cheaper Restaurant Bills
(DBN)

______________

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)

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:

The Bankruptcy Files: A Big Start to 2012
(DBN)

Madoff, Coach, Ambac, Nebraska Book, Real Mex
(DBN)

Solar Millennium Sale, Blacks Leisure, Manroland
(DBN)

Rochelle on Sears, MF Global, Le-Nature Bankruptcies
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy Filings Down 11.7% in 2011
(DBN)

Iowa bankruptcies decline; trouble may not be over
(DBN)

Buffalo-area filings for bankruptcy decreased all of 2011
(DBN)

OC November bankruptcies lowest in 21 months
(DBN)

Central FL bankruptcies fall by 15 percent in 2011
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Understanding Anna Nicole Smith (or, at least, Stern v. Marshall): A Must-Read Analysis
(DBN)

______________

Unexpired Leases:

When Is a Debtor Really Off the Hook on a Rejected Lease? (The Answer May Not Be as Simple as You Think)
(DBN)

______________

LBOs:

The Expansion of Bankruptcy Code Section 546(e)'s Application to Leveraged Buyouts Involving Privately Held Securities
(DBN)

______________

Insurance:

The Top Ten D&O Stories of 2011
(DBN)

______________

Litigation:

No Bad Faith, No Spoliation, 3rd Circuit Rules
(DBN)

For Thompson & Knight, EDD Apps Are the Future of Litigation Support
(DBN)

A Status Update on the Subprime and Credit Crisis-Related Litigation
(DBN)

______________

Predictions:

These Famous Brands Will Disappear In 2012
(DBN)

______________

Photography:

Sell Eastman Kodak Before It Files For Bankruptcy
(DBN)

Report: Kodak to focus on printing after bankruptcy
(DBN)

What Kodak's Dying Business Means For Your Old School Cameras
(DBN)

______________

Tax:

IRS: 17 Percent of Taxes Owed Went Unpaid
(DBN)

US moves toward legal action against Swiss bank-sources
(DBN)

______________

MF Global:

"Self-regulatory organization" apparently failed to regulate MF Global
(DBN - NY Times - Paywall Limit Possible)

CME faces regulatory probe on MF Global-sources
(DBN)

MF Global U.K. Unit Has 4,500 Claims for $1.2 Billion in Cash, KPMG Says
(DBN)

______________

Corporate Governance:

Corporate Lawyers as Gatekeepers
(DBN)

______________

Buses:

Coach America Holdings Receives Approval of Interim DIP Financing
(DBN)

______________

Accounting:

Watchdog hands PwC record fine
(DBN)

MF Global Regulatory Probe Includes Review of CME Group's Audit
(DBN)

______________

Sovereigns:

This Is The Year When Developed Nations Must Choose Between Pain And Disaster
(DBN)

How Central Bankers Attempt to “Cure” Insolvency
(DBN)

______________

UK:

UK: 50% of Businesses Worried on Economy
(DBN)

Retail administrations increase by 11% in 2011 with further troubles ahead
(DBN)

______________

EU:

France, Italy present united front before crisis
(DBN)

Europe Economic Confidence Falls
(DBN)

Eurozone Crisis Caused by Older Voters
(DBN)

Slow Growth And High Unemployment Is Pulling Europe Back Into That Dangerous Territory
(DBN)

“German Success Recipe” Or Blip?
(DBN)

Is Europe Unable to Compete?
(DBN)

The One Solution To The Euro Crisis That No One Is Talking About
(DBN)

Euro Zone Lost Investors' Trust: ECB Official
(DBN)

ECB Official Sees EU Lender of Last Resort Mechanism as Feasible
(DBN)

Hungary Is Willing to Accept Any IMF Credit Line, Orban Says
(DBN)

Merkel, Sarkozy Meet on Euro Rescue Plan
(DBN)

_____________

PIIGS:

Monti defends tax attack on super-rich
(DBN)

Italy's PM: No Nation Can Fight Debt Crisis Alone
(DBN)

Monti Says No New Budget Cuts Needed to Balance Budget
(DBN)

ECB funding to Italy banks tops 200 bln eur in Dec
(DBN)

ie: 'Vendetta' against Seán Quinn, say former tycoon's daughters
(DBN)

Greek VoluntaryInvolutary DealNoDealDeal: Convolution Eupdate
(DBN)

______________

Germany:

Solon Talks to 'Handful' of Potential Buyers as Bid Deadline Set
(DBN)

______________

Switzerland:

Swiss lawmakers to hold hearing with central bank chief behind closed doors
(DBN)

______________

MENA:

Egypt Islamists seen winning near two-thirds of seats
(DBN)

Syria Violence Leaves 21 Dead
(DBN)

______________

China:

World Bank to Suggest China Financial Reform
(DBN)

China Signals Intent to Curtail Shadow Banking
(DBN)

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Copyright 2011