March 14, 2012

The Daily Bankruptcy News

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Law:

One in Four Attorneys Plans to Hire in Second Quarter, Robert Half Legal Survey Finds
(DBN)

Dewey & LeBoeuf practice leader heads to Weil Gotshal
(DBN)

Duane Morris Revenue Grows, PPP Up 3.2 Percent
(DBN)

Bonus Watch: McDermott Will & Emery
(DBN)

Lawyer accused of violating bankruptcy rules by filing lawsuit in fake will case
(DBN)

Kirkland, Morgan Lewis Have Midas Touch
(DBN)

Lawyer Who Worked at Colo.‘s Biggest Foreclosure Firm Says Legal Process Is Based on ‘Blind Faith’
(DBN)

No Legal Advice in Target Lawyer's Artistic Effort
(DBN)

Lawyerly Lairs: What Does $500K Buy You in D.C.?
(DBN)

Thomson Reuters targeted in copyright class action
(DBN)

Madoff-Mets, News Corp., Goldman, Credit Suisse in Court News
(DBN)

Former inmate can proceed with legal malpractice suit
(DBN)

The CFPB takes another stab at the privilege waiver issue
(DBN)

Ecuador Beats Privilege Claims, Winning Access to Chevron Docs
(DBN)

How to Thrive in a Difficult Work Environment
(DBN)

Law Prof Sees Power of Eye Contact in Classroom Observations
(DBN)

Musical Chairs: Chicago Poaches Prominent Professor from Columbia
(DBN)

The Law School Lawsuits Go to Court: How Did Team Strauss/Anziska Fare Against New York Law School?
(DBN)

Harvard Law School Loses No. 2 Spot in New Rankings by US News
(DBN)

Harvard Law Isn't What It Used to Be
(DBN)

Why do law schools have to watch the U.S. News rankings? --- The more things change, the more they stay the same...again
(DBN)

Prospective Law Students Should See Case for Caution
(DBN)

Marking 20th Anniversary of ‘My Cousin Vinny’
(DBN)

"My bill is all about the love, and making sure we look out for men's s---- health"
(DBN)

Bachelor Ben Teaches Small Firms How to Pick a New Hire
(DBN)

Manhattan madam’s ‘sidekick’ turns herself in, released on $100K bail
(DBN)

Pain Assessment Chart for Lawyers :)
(DBN)

Spring Break Overachievers :)
(DBN)

Man Sues Over Thong Discrimination
(DBN)

Whitey Bulger: Alleged Crime Boss, Longtime Fugitive…Author?
(DBN)

Facebook 'friend' offer exposes man's other wife
(DBN)

New iPad roils the business tablet market
(DBN)

Jury Foreman Is Fined $500 for Online Sentencing Research; Judge Calls for Revised Model Instruction
(DBN)

Croquet Mallet Attack Leaves Victim with Missing Finger
(DBN)

It’s Peep Day, When ‘The Dark Peep Rises’
(DBN)

Cops: Coach makes girl run laps; father beats him unconscious
(DBN)

Police search for beehive thieves
(DBN)

Say What?!
(DBN)

______________

Judges:

Thomas Porteous' bankruptcy lawyer suspended for 30 days
(DBN)

Administrative Office of the U.S. Courts Releases 2011 Court Workload Statistics --- The Report
(DBN)

‘Financial Crisis’ May Require Federal Courts to Suspend Some Trials
(DBN)

Sidebar: U.S. Bankruptcy Court Judge Kevin J. Carey
(DBN)

Judge Warned in 2007 That Suspect Arrested Last Week in Wash. Courthouse Attack Could Be ‘A Threat’
(DBN)

Lawyer Reportedly Probed in Alleged Ponzi Scheme After His Son, a Judge, Reports His Suspicions
(DBN)

Jobs or Judges? Debate on Judicial Nominees Boils Over in Senate
(DBN)

On Judicial Nominees, a Moment of Truth for the Senate
(DBN)

Judicial Nominations Push 'Strongly' Supported By White House
(DBN)

Tax Court judge shows writing verve
(DBN)

Federal judiciary bracing for congressional budget cuts
(DBN)

______________

Wall Street:

Stock index futures signal mixed Wall St opening
(DBN)

Wall Street scores best day this year as banks soar
(DBN)

Goldman Hires a New P.R. Chief --- Welcome to the Sausage Factory
(DBN)

Goldman Appeals $20.6 Million Bayou Award
(DBN)

______________

Layoffs:

Unemployment rates fell in 45 states in January due to improving economy
(DBN)

Disney to hire 1,000 US military veterans
(DBN)

Why are wages still stagnant? Blame the labor market
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Student Debt:

America's Student Debt To Reach $1.4 Trillion by 2020
(DBN)

Students lobby to keep interest rates lower --- Interest rates on federal loans may double --- Dems ramp up push to protect lower student loan rates
(DBN)

______________

Photography:

Shareholders, retirees seek a voice in Kodak bankruptcy case
(DBN)

______________

Magazines:

Publisher of Baltimore Jewish Times in 'critical' need of cash
(DBN)

Competing plans spiked; talks continue in Jewish Times bankruptcy
(DBN)

______________

Religion:

Catholic Church Decides It Doesn’t Need ‘Altar Boy’ Lawyers
(DBN)

Roman Catholic Church: Every right to a defense
(DBN)

Worship goes on after dispute at Crystal Cathedral
(DBN)

Rev. Schuller: My financial future is at risk
(DBN)

Crystal Cathedral faithful moving to unknown location
(DBN)

______________

MF Global:

Firms jockey to buy MF Global claims
(DBN)

Three groups offer to buy MF Global claims
(DBN)

MF Global Customer Claims Worth $1.6 Billion May Be Bought By Barclays, RBS, Seaport Group
(DBN)

US futures group: unclear if MF Global harm permanent
(DBN)

CME's Donohue: Retirement not linked to MF Global
(DBN)

Rusty Hardin Is Special Prosecutor in Court of Inquiry
(DBN)

Jurors Award Lawyer and Husband Nearly 10 Times the Requested Amount in Internet Defamation Case
(DBN)

Did MF Global Outwit Regulators and Prosecutors?
(DBN)

Growing fears that MF Global will get off easy
(DBN)

CFTC sues MBF Clearing over customer funds
(DBN)

MBF Clearing says acted in customers' best interest
(DBN)

MF Global collapse shadows futures meeting
(DBN)

Rep. Johnson on MF Global Proposed Bonus Plan
(DBN)

______________

Debt Collection:

J.P. Morgan Chase's Ugly Family Secrets Revealed --- Government Probing Chase Debt Collection Practices
(DBN)

______________

Startups:

The loan to own
(DBN)

______________

Compensation:

Will Auditors Influence How Executives Are Paid?
(DBN)

______________

Defaults:

Moody's: Distressed exchanges to remain prominent among EMEA corporates in 2012-13
(DBN)

______________

Credit/Debit Cards:

America's Credit Cards are Maxed Out
(DBN)

______________

Privacy:

Selling Customer Data in Bankruptcy Raises Privacy Concerns
(DBN)

______________

Corporate Governance:

The Benefit Corporation Concept and Related Director and Officer Liability Issues
(DBN)

______________

Turnarounds:

Ethical Challenges in Turnaround Engagements
(DBN)

Avoiding Ethical Conflicts in Compensation Plans
(DBN)

______________

Tax:

A Majestic Decision: Delaware Bankruptcy Court Holds Debtor’s QSub Tax Status Is Property of the Estate (Part Two)
(DBN)

______________

Economy:

U.S. Budget Deficit Revised Upward
(DBN)

Is Obama Turning the Economy Around?
(DBN)

U.S. Economic Confidence Matches Best in Four Years
(DBN)

Fed Says Labor Market Improves; Policy Unchanged
(DBN)

FOMC: Fed Sees Higher Inflation On Rising Oil Prices, No QE3 For Now
(DBN)

Fed Is 'Playing a Game With Us:' Pimco's Gross
(DBN)

Comparing the Fed's views on unemployment, inflation
(DBN)

Job growth sparks very cautious optimism
(DBN)

Americans Like Regulation
(DBN)

Fed strikes optimistic tone on economy
(DBN)

Business Inventories in US Expand More Than Forecast on Auto Stockpiles
(DBN)

A hard slog in the foothills of debt
(DBN)

Springsteen's 'Recession' Album Debuts At #1
(DBN)

TARP Repayment: Out One Pocket, Into Another
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

United States Sues Seventeen Major Mortgage Servicers for Unfair and Deceptive Practices
(DBN)

New suit: Mortgage database violates historic U.S. property rights
(DBN)

Auditor Uncovers Failures in Bank Foreclosure Practices
(DBN)

Supervisors directed banks' mortgage misconduct, HUD report says --- Mid-level managers rapped for role in fiasco --- Bank of America, Wells Fargo leaders knew of foreclosure shortcuts
(DBN)

From Pizza Making To Bank Vice-President: How Big Banks Promoted Unqualified Workers To Robo-Sign Foreclosures
(DBN)

Mortgage Violations Went Far Beyond Robo-Signing; Managers Deserve Blame, U.S. Says
(DBN)

Banks to pay $25 million to NY state over mortgage system
(DBN)

Investigation peers into foreclosure problem depths
(DBN)

Banks, Meet the New Foreclosure Monitor
(DBN)

Homebuyers, Sellers Getting a Spring in Their Step
(DBN)

Report: Foreclosure robosigning confirmed at Wells Fargo
(DBN)

Freddie clamps down on mortgage servicers with fee increases
(DBN)

Nevada foreclosure filings and sales plunge
(DBN)

Private equity buyers are slowly, surely warming up to buying foreclosed homes
(DBN)

Long Island law firm accused of loan-modification fraud
(DBN)

Mortgage deal: Banks impeded probe, HUD says
(DBN)

Rage Grows Over Mortgage Deal
(DBN)

MBS investors: HUD Secretary let us down in national deal
(DBN)

Rising Tide Lifts Rents, Sinks Home Values

A new tool for advocacy
(DBN)

FBI joins Brunner asset case
(DBN)

2nd Subpoena In Michigan Mortgage Processor Probe
(DBN)

Colorado may use part of mortgage deal on prison
(DBN)

Buy Foreclosures With Your IRA
(DBN)

Home costs Obama's Achilles' heel
(DBN)

A Dallas Palace That Cost $46 Million To Build, Now Asking $10 Million
(DBN)

NC County Sues Banks And MERS Over Robo-Signing
(DBN)

SEC Charges Three Thornburg Mortgage Execs With Accounting Fraud --- Executives Respond to SEC Lawsuit
(DBN)

_____________

Retailing:

U.S. retail sales rose in February --- Don't be misled by retail-sales stats
(DBN)

______________

Aviation:

Direct Air suspends flights for at least 2 months
(DBN)

A look at where Direct Air flies
(DBN)

US Airways grabs merger-related Internet names
(DBN)

US Airways Cites Lessons of Bid for Delta as AMR Offer Weighed
(DBN)

OK, so maybe American Airlines hasn't decided who to merge with
(DBN)

Southwest says it won't make a profit in 1st qtr.
(DBN)

ACE Aviation to distribute up to $300-million to shareholders
(DBN)

Kingfisher's wings are further clipped
(DBN)

______________

Alternative Energy:

Evergreen Solar seeks bankruptcy judge's OK to abandon Devens plant
(DBN)

With Uni-Solar in bankruptcy, city will import roof panels from foreign supplier
(DBN)

Rand Paul grills ex-auditor on skipping Solyndra in bankruptcy report
(DBN)

______________

Fraud:

Mets Owners Say Jury Must Hear of SEC ‘Inaction’ on Madoff
(DBN)

Mets ownership poised to get a win in court?
(DBN)

Legendary Pitcher in Bullpen for Suit Over Madoff Gains
(DBN)

Koufax on witness list for Mets owners --- The “No One Would Intentionally Rip Off Sandy Koufax” Defense --- Witness List is Star-Studded --- Lawyers seek to stop Sandy Koufax
(DBN)

Ruth Madoff Makes Her Home in Greenwich --- Should She Still Be Villainized
(DBN)

Ohio man plans to plead guilty to defrauding Amish
(DBN)

Men charged with massive MI Ponzi
(DBN)

Madoff, Stanford Frauds Force FINRA to Step Up Fines, Surveillance
(DBN)

SEC charges five with insider trading from AA tip
(DBN)

______________

Paper:

NewPage reports $524M 2011 loss
(DBN)

______________

Shipping:

Berlian Laju Units Seek U.S. Bankruptcy
(DBN)

______________

Freight:

Ceridian-UCLA: Diesel Fuel index increased 0.7% in February
(DBN)

______________

Mass Torts:

Texas judge sets precedent in asbestos case
(DBN)

______________

Hedge Funds:

Hedge Funds’ Lawsuit Risk Rises After Galleon Probe, MF Global
(DBN)

______________

Hotels:

Hardage Hotels I wants final cash OK
(DBN)

Ritz-Carlton in receivership
(DBN)

______________

Accounting:

Taking on Fraud Probes Without Interfering
(DBN)

______________

Corporate Reform:

Richard Cordray Talks Student Lending, For-Profit Colleges
(DBN)

'60 Minutes' whistleblower, homeowner to receive $18 million
(DBN)

______________

Food/Beverage:

A&P Exits Bankruptcy as Private Supermarket Chain
(DBN)

______________

Tobacco:

Bankruptcy judge delays decision on Renegade future
(DBN)

______________

Utilities:

Bankruptcy judge approves interim Southern financing
(DBN)

______________

Autos:

Senators slam fed auto loan effort
(DBN)

______________

Bankruptcy Crimes:

Baileyville man gets one year for bankruptcy fraud
(DBN)

______________

Lehman:

The True Legacy of Lehman Brothers
(DBN)

______________

Brokers:

Broker accused of customer segregation failure
(DBN)

______________

Derivatives:

Swaps Users Face Serious Collateral Challenge
(DBN)

______________

IP:

Judge Orders Failed Copyright Troll to Forfeit 'All' Copyrights
(DBN)

______________

New Bankruptcy Opinions
(No new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (37 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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)

______________

Miscellaneous:

Let’s Get Ready to Rumble! --- Weil Gotshal Hosts Second Bankruptcy 'March Madness' Competition
(DBN)

Rochelle on Dynegy, Kodak, Nebraska Book, Hostess
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Rules:

Expert Q&A on Bankruptcy Rule 2019 Amendments
(DBN)

______________

Avoidance Actions:

A Defendant’s Best Friend in Fraudulent Transfer Cases
(DBN)

______________

Sales:

Professors' Amicus Brief in Radlax SCOTUS case (credit bidding)
(DBN)

______________

Litigation:

Litigator Pushes Mutual-Disarmament Pacts To Cut Costs
(DBN)

______________

Insurance:

Ambac Financial Judge to Rule Tomorrow on Bankruptcy Plan
(DBN)

______________

Banking:

Fed Says 15 of 19 Banks Have Adequate Capital in Stress Scenario --- Citigroup Fails Stress Test --- Citi’s stress mess --- Press Release
(DBN)

Fed's Stress Test Results Can't Be Trusted: Strategist
(DBN)

Wells Fargo Poised to Lead Payouts 30% Higher After Tests
(DBN)

More banks expected to sell non-performing loans in 2012
(DBN)

Banks: Too Big to Behave?
(DBN)

Stress Tests: Official Statements From Banks
(DBN)

______________

Celebs:

Tom Martino responds to lawsuit by ex-friend he calls a "waste of skin"
(DBN)

______________

Municipalities:

FGIC Bond Insurance Unit Joins Suit Against Jefferson County
(DBN)

Woonsocket Schools May Close In April --- City Bond Rating Downgraded Amid Financial Turmoil
(DBN)

Detroit Consent Agreement: 10 Things To Know --- Gov. Rick Snyder: Advisory board saved New York from bankruptcy
(DBN)

Central Falls receivership official exonerated
(DBN)

Four New California Cities Might Dissolve
(DBN)

Stockton: City takes bankruptcy talk behind closed doors --- Stockton on double secret probation --- Judge Orders City To Respond To Bank By Friday
(DBN)

Hercules settles with insurer, avoids bankruptcy
(DBN)

Meredith Whitney was Right on Municipal Bonds
(DBN)

Morgan Stanley May Bid on Harrisburg Park Lots
(DBN)

W. Virginia to Tackle Retiree Health Costs
(DBN)

15 States Will Get Slammed on China Slowdown
(DBN)

NY governor warns pensions threaten to bankrupt municipalities
(DBN)

R.I. Gov. Chafee says pension legislation to be introduced Thursday
(DBN)

NJ Health Dept. May Shut Down Gov't Buildings Over Toilet Paper Shortage
(DBN)

Unions, local governments spar over pension reform
(DBN)

Wyoming Town To Be Auctioned In April
(DBN)

Who Will Run GOP Primary in Birmingham After JPMorgan Scheme Results in County Bankruptcy?
(DBN)

______________

Health Care:

New authority at struggling Peninsula Hospital
(DBN)

‘Super Losses’ On the Rise in U.S. Healthcare Sector
(DBN)

Behind the healthcare-law case: The challengers' tale
(DBN)

Cast of Lawyers Arguing Supreme Court Health Care Cases Now Set
(DBN)

Factbox: U.S. healthcare legal issues at Supreme Court
(DBN)

Timeline: Chronology of healthcare law legal battle
(DBN)

CBO doubles its estimate for cost of health care reform
(DBN)

If Part of the Law is Invalid, Is All of It?
(DBN)

______________

Private Equity:

Bain Says Its Companies Created 'Hundreds of Thousands of Jobs'
(DBN)

Romney fallout? Public turns on private equity
(DBN)

______________

Baseball:

Baseball's Owners Impressed With Five Bids For Dodgers As Magic Johnson Leads Way With $1.6 Billion Offer
(DBN)

______________

Telecoms:

Securities Filing: Nextwave Wireless May Seek Bankruptcy Protection
(DBN)

______________

Glass:

Trainor Glass Files Motion to Use Cash Collateral
(DBN)

______________

Sovereigns:

A Private Foreign Issuer Who Issues US Notes Shielded by Sovereign Immunity??
(DBN)

Country Default Risk
(DBN)

______________

UK:

Protecting The Interests Of Trustees In Bankruptcy
(DBN)

Rangers Players' Move Could Save Team and Sport
(DBN - NY Times - Paywall Limit Possible)

Angry Investors Hit Bank With $4.6 Billion Lawsuit
(DBN)

Rangers administrators in court move to 'ratify' position
(DBN)

UK February Jobless Highest Since November 2009
(DBN)

______________

EU:

EU Pushes Hungary to Rein in Deficit --- Sanctioned for missing deficit targets
(DBN)

Europe already finding it difficult to enforce new rules against overspending
(DBN)

EU Split Over Financial Transaction Tax
(DBN)

______________

PIIGS:

Fitch lifts Greece out of default territory
(DBN)

More austerity needed in Greece, EU/IMF report says --- Greece off course to hit troika targets
(DBN)

Greeks & Diaspora Bond Holders Will Take Big Losses Too
(DBN)

German shipowners left in Greek wake
(DBN)

A Third Bailout for Greece Seems Inevitable
(DBN)

Spanish clubs owe huge tax backlog
(DBN)

Spain Has 'Worse Problems Than Greece'
(DBN)

Ministers Cautious Over Anglo Notes
(DBN)

Italy Now Officially in Recession
(DBN)

______________

Canada:

File not closed for Earl Jones' victims
(DBN)

______________

France:

Sarkozy Wants Tax Increase On 'Fiscal Exiles' If He Gets Second Term
(DBN)

______________

Australia:

Rinehart held bankruptcy 'gun', children claim
(DBN)

Rinehart said children unsuitable to run trust
(DBN)

______________

Ukraine:

Creditors may demand early repayment of foreign loans by Ukraine
(DBN)

______________

Sweden:

Key themes in recent real estate restructuring
(DBN)

______________

Korea:

Lower-Income Earners Face Greater Difficulty In Putting Food On Table
(DBN)

______________

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Copyright 2012