June 6, 2012

The Daily Bankruptcy News

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Law:

Dewey creditors appoint counsel as record bankruptcy rumbles on --- A Partner Protection Plan
(DBN)

Lawyers Are Not Special–The Rules that Apply to Other Businesses Apply to Us
(DBN)

Lawyer on Maternity Leave Vents on Facebook After Judge Refuses Trial Delay Request
(DBN)

Caught in the middle: Wachtell and the BofA/Merrill merger mess
(DBN)

Who Needs Billable Hours When You Have Mind Control?
(DBN)

Judge OKs New Trial for Ex-Jenkens Tax Leader, Cites ‘Breathtaking’ Lies of Suspended Lawyer on Jury
(DBN)

Locke Lord Lost Thread of Corporate Neutrality
(DBN)

Feds Say Defendant Lawyer Paid Texas Judge for Ad-Litem Work, Favorable Ruling on Sanctions Motion
(DBN)

Ex-Lawyer Faces Felony Charges for Allegedly Failing to Complete Promised Legal Work
(DBN)

Still in ‘Caveman Era’? Ex-BigLaw Associate with Star Credentials Sues Venture Capital Firm
(DBN)

Lawyerly Lairs: A Federal Prosecutor’s $25 Million Apartment
(DBN)

Summer Associates: Please Don’t Dress Like Fashion Victims
(DBN)

Small Firms: A New Way To Outsource
(DBN)

In-house Counsel Dismissed for Withholding Emails
(DBN)

The 8 Characteristics of Successful GCs and CLOs
(DBN)

Why Chinese Female Lawyers Are Successful
(DBN)

Databases Will Help Lawyers Craft Arguments, Make Lawsuit Decisions
(DBN)

Law Dean at Arizona State Unveils Plan to Create Law Grad ‘Residency’ Program --- A ‘Teaching Law Firm’ Like a Teaching Hospital? Why Not?
(DBN)

Jobs scarce and apps down, schools recalculate class size
(DBN)

Law School Transparency: Just say no jobs
(DBN)

American legal education crisis
(DBN)

Book Review: 'Cloud Computing for Lawyers'
(DBN)

Lawsuits of the Day: Ewwww. OMG, OMG. Gross.
(DBN)

Lawyer Demonstrates His Legal Prowess by Ramming His Truck into a Car
(DBN)

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Judges:

Judge Seen Playing Computer Solitaire During Mass Murder Trial
(DBN)

Son's business ties may have prompted Kennedy's recusal in bankruptcy case
(DBN)

Circuit Court Tosses 19 Contempt Citations for Defendant Who Refused to Stand for Judge
(DBN)

American Dysfunction Watch: State of the Judiciary
(DBN)

Judge opens up on Supreme Court life in 21st century
(DBN)

The Supreme Court vs. Congress
(DBN)

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Wall Street:

Stock futures signal higher Wall Street open
(DBN)

Stocks close higher amid euro zone fears
(DBN)

Trading firm SXP to drop bankruptcy case
(DBN)

Canned Wall Streeters, Like Axed Lawyers: No way back in
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Stockton Empowers Manager to Put City Into Bankruptcy --- Moves closer to bankruptcy with $700M debt
(DBN)

Alabama group wants $1.6 bln in bankruptcy case
(DBN)

City poised to emerge from bankruptcy
(DBN)

The plan to dig Central Falls out of bankruptcy
(DBN)

New Central Falls receiver has 3-month contract
(DBN)

Report: Michigan gross domestic product enjoyed 6th-best increase in US last year
(DBN)

Senate approves Act 47 fix-it bill
(DBN)

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Autos:

A post- bankruptcy auto bailout
(DBN)

Mitt Romney Didn't Flip-Flop On the Auto Bailout (This Time)
(DBN)

Strauss Auto Declares Bankruptcy Overnight, 50+ Stores Shuttered
(DBN)

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Economy:

US Debt Could Double in 25 Years With Current Policies --- Debt to GDP to Hit 70% By End of 2012, The Fiscal Cliff
(DBN)

US service companies expanded in May
(DBN)

Buffett: Odds of another US recession ‘very low,’ says both parties to blame for deficit
(DBN)

Economic growth in US states slowed in 2011
(DBN)

Two Fed officials cool to policy changes
(DBN)

Fed Is Indeed Considering More Action
(DBN)

Fed faces political heat in weighing more economic stimulus
(DBN)

CBO: Hard Choices Ahead on Debt
(DBN)

Treasury to Sell Stock in Seven Banks
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Home price index shows April strength
(DBN)

Buffett spars with DC over $1B+ ResCap debt
(DBN)

Fannie Mae Names New Chief Executive
(DBN)

Franklin Credit Files Bankruptcy to Sell Mortgage Unit
(DBN)

Two properties managed by Nashua developer fall into bankruptcy
(DBN)

Developer Rick Burton files $310 mil bankruptcy
(DBN)

Delinquency rates on CRE mortgages fall, but rise on CMBS
(DBN)

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Autos:

Romney says he would unload GM stake at loss
(DBN)

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MF Global:

MF Global Bankruptcy Trustee Freeh Sees Claims of $3 Billion --- Finds fault with Corzine, others
(DBN)

Claims Against MF Global's Corzine, Other Executives May Depend on Insurance
(DBN)

How to duck regulation, MF Global edition
(DBN)

MF Global Finance Execs Knew of Risks to Customer Money
(DBN)

MF Global shuffled bets before fall
(DBN)

MF Global Client Funds Took a Left at Albuquerque…Or Was it a Right?
(DBN)

Jon Corzine Has 19 Class Action Lawsuits Pending Against Him --- At Best, A Negligent Nitwit
(DBN)

Fortune's reconstruction of MF Global implosion
(DBN)

MF Global payouts could take six years: CMC exec
(DBN)

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Pensions:

Judge Says Pension Fund Can't Seek Bankruptcy Protection
(DBN)

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Corporate Reform:

SEC: Taking on Big Firms is 'Tempting,' But We Prefer Picking on Little Guys --- Grab The Pitchfork
(DBN)

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Food/Beverage:

Judge Denies Mickey Mantle's Restaurant Bankruptcy Request
(DBN)

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Telecoms:

TNCI 'On Track' to Emerge from Bankruptcy This Summer
(DBN)

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Retailing:

RoomStore puts 28 remaining stores up for sale
(DBN)

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Aviation:

American Airlines managers face job cuts
(DBN)

Rightpath developer Rick Burton files bankruptcy
(DBN)

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Private Equity:

How 1 mill thrived, 1 failed after Bain invested
(DBN)

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Politics:

Most Political Independents in 75 Years
(DBN)

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Lehman:

Judge Rules for Barclays in Lehman Fight Over Margin Money
(DBN)

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Mass Torts:

Garlock accuses Texas asbestos attorneys of fraud
(DBN)

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Banking:

Ex-JPMorgan exec may face pay 'claw back'
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (36 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (25 new filings today)
(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:

Rochelle on MF Global, Houghton Mifflin, Kodak, ResCap: Audio
(DBN)

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Bankruptcy Statistics:

Hawai`i Bankruptcies Decline
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

How 2005 Reform Stopped Half of Bankruptcies
(DBN)

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Alternative Energy:

Romney-backed Konarka solar panel firm files for bankruptcy
(DBN)

Konarka Bankruptcy Highlights Bad Bet, Hypocrisy
(DBN)

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Insurance:

C.M. Meiers Defendants File ‘Scorched Earth’ Countersuit
(DBN)

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Celebs:

Jamal Lewis among star athletes to land in bankruptcy --- The Jamal Lewis bankruptcy hasn't been going well --- Bankruptcy offers a peek into former Raven's daily life
(DBN)

Former 'Real Housewives of New Jersey' star Danielle Staub files for Chapter 7 bankruptcy
(DBN)

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Construction:

Top Nevada court asked to weigh in on Fontainebleau lien dispute
(DBN)

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Oil/Gas:

Chesapeake CEO hires ex-SEC lawyer
(DBN)

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Glass:

Vitro and Creditors Argue Over Enforcement of Mexican Ruling in Texas Hearing
(DBN)

Spanish unit of Mexico's Vitro seeks protection
(DBN)

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Tobacco:

Judge: Tobacco companies aren't in danger of liquidation
(DBN)

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Health Care:

Northern Berkshire Healthcare Emerges From Bankruptcy
(DBN)

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Coal:

The Canary In Patriot Coal's Mine Looks Very Sick
(DBN)

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Fraud:

Gupta Judge Trades Quips With Lawyer
(DBN)

Ex-Madoff employee admits faking labor, tax records
(DBN)

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Sovereigns:

Edge of Reason: Paripassupalooza on Capitol Hill
(DBN)

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EU:

EU eyes new regime to cope with stricken banks
(DBN)

Euro slips on Spain fears, stocks gain
(DBN)

G7 will 'monitor' Eurozone situation; Spain issues plea for help
(DBN)

Germany's Merkel wants European jobs integration
(DBN)

ECB to Pressure Governments, Could Signal Rate Cut
(DBN)

Europe needs a central government to manage its debt crisis
(DBN)

Bonds fall as ECB, Bernanke awaited
(DBN)

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PIIGS:

Spain's Bankia may get less aid than sought: sources
(DBN)

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Canada:

Third Party Benefit Providers Entitled to Super Priority Secured Claim for Unpaid Remittances Owed by Employer
(DBN)

Who are the Richest 1% in Canada?
(DBN)

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Copyright 2012