August 20, 2009

The Daily Bankruptcy News

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Law:

Haynes and Boone Bolsters New York Bankruptcy Practice
(DBN)

Who Represents America's Biggest Companies ... and How
(DBN)

Daughter of General Growth founder sues company's law firm
(DBN)

Wachtell Nabs Top Spot—Again—in Prestige Rankings
(DBN)

The Best Legal Gig In Town
(DBN)

Brown Rudnick Ends Deferred Start Dates for 11 First-Years
(DBN)

Musical Chairs: Gilbert Oshinsky Changes Name to 'Gilbert LLP'
(DBN)

BigLaw Firm Agrees to Go to the Back of the Line to Get Paid in Bankruptcy
(DBN)

Sonnenschein Partner Won’t Be Charged in Runaway Car Accident
(DBN)

Beirne Maynard Ordered To Disgorge Fees
(DBN)

Proskauer Rose Lease Decision Halts Building Construction
(DBN)

Two More Clifford Chance NY Partners Defect
(DBN)

Tips to Drive Traffic to Your Web Site
(DBN)

Crowell Snags 5-Lawyer Patton Enviro Team, Opens New Office in Alaska
(DBN)

DNA Can Be Faked, Say Scientists Who Created Test to Detect Fraud
(DBN)

Notes from the Breadline: Happy
(DBN)

Confronting Reality, and Other Good Places to Start
(DBN)

How Junior Associates Can Avoid Common Problems
(DBN)

Advice from a Lawyer to His Son
(DBN)

Harriet Miers Knocking on the High Court's Door Once Again
(DBN)

On Bananas, Pesticides and Lawyers Behaving Badly
(DBN)

Kids Are Refreshingly Naive About The Legal Profession
(DBN)

UPL Defendant Stays in Jail Because He Won’t Sign Promise Not to Practice
(DBN)

Lawyer of the Day: I Propose to Misappropriate City Resources
(DBN)

Ted Olson’s New Chapter
(DBN)

Free E-Mail Services: Safe or Not?
(DBN)

Say What?!
(DBN)

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Judges:

Judge Lisa Fenning (Ret.)Joins Arnold & Porter
(DBN)

Judge Says Refusing Late Capital Appeal Didn't Break Court Rules
(DBN)

Keller’s Side of the Story
(DBN)

Finger-Pointing Abounds at Hearing Into Misconduct Claims Against Texas Judge
(DBN)

Professor Dershowitz's Challenge to Justice Scalia
(DBN)

'Virtual Shutdown' Of Philly Courts
(DBN)

Appeal Challenges Judge's Outside Research in Bench Trial
(DBN)

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Wall Street:

Stock Futures Point to Higher Wall Street Open
(DBN)

Chinese Shares Rebound
(DBN)

Stocks finish with gains
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Back to an Office After Working from Home
(DBN)

Outplacement Firms Struggle to Do Job
(DBN)

Small Firms Rack Up Job Losses
(DBN)

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Autos:

Chrysler creditors question price Cerberus paid for complex
(DBN)

LaHood says car dealers will 'get their money'
(DBN)

NY dealers pull out of clunkers program
(DBN)

White House Planning to Wind Down Clunkers Program
(DBN)

Will 'Cash for Clunkers' backfire on automakers?
(DBN)

Delphi Saginaw Steering announces job cuts due to poor economy
(DBN)

Auction to leave Hecker with fewer toys
(DBN)

Germany May Sweeten Opel Aid For Magna Win: Minister
(DBN)

GM to Meet With Magna, Sberbank Officials in Detroit, Bild Says
(DBN)

Funding for G.M.'s Saab Sale Still Up in the Air
(DBN)

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Insurance:

Dem investigators demand documents from largest insurers; probe of lavish spending
(DBN)

Novus ordered to stop selling surplus lines insurance in Michigan
(DBN)

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Celebs:

FoxNews: Michael Jackson's Doctor to Be Charged With Manslaughter
(DBN)

The Fall of Annie Leibovitz
(DBN)

What Comes Next for Annie Leibovitz?
(DBN)

Lucky Dog: Dykstra Values Pooch at $10,000
(DBN)

The Michael Vick Chronicles: A Football-Heavy Look at Sports and the Law
(DBN)

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Distressed Investing:

WL Ross Hires Lockhart as Vice Chairman
(DBN)

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Fitness:

Bally Total Fitness wins OK to exit bankruptcy
(DBN)

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Bankruptcy Litigation:

Ocean Bank to pay $4.9M in Puig settlement
(DBN)

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Telecoms:

Nortel's remaining board members each get a $100,000 raise
(DBN)

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Economy:

Buffett Says Federal Debt Poses Risks to Economy, Dollar
(DBN)

'Impromptu Obamanomics getting scarier by the day'
(DBN)

Congressman: 'Social Security could face default [deficit] within two years'
(DBN)

Is Obama's stimulus working?
(DBN)

Bernanke, a Hero to His Own, Can’t Shake Critics
(DBN)

Troubled Assets Not Going Anywhere
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

Recovery Index
(DBN)

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Real Estate:

Homeowner sues Wells Fargo over equity credit lines
(DBN)

Commercial Property Values Fall as Rent Drop Forecast
(DBN)

US commercial property price drop slows
(DBN)

Countrywide Loses Ruling in Loan Suit
(DBN)

Bank sells woman's house, kicks her out by mistake
(DBN)

Everglades on the Bay enters bankruptcy
(DBN)

IndyMac's pension plan got it right
(DBN)

Opus seeks dismissal of lawsuit by US Bank
(DBN)

Investors Snapping Up Downtown Miami Condos
(DBN)

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Tax:

UBS to Provide Data on 4,450 Accounts in Tax Accord
(DBN)

Lifting The Veil On Swiss Bank Secrecy
(DBN)

US probes further 150 UBS account holders
(DBN)

Six Months Later: Still a Good Deal for UBS?
(DBN)

In UBS Deal, Is the U.S. Hoping To Use Secrecy to Its Advantage?
(DBN)

Financial institutions already finding other ways to hide clients' money
(DBN)

Tax investigators win fight to force UBS to disclose accounts
(DBN)

US/UBS deal ramps up pressure on tax havens
(DBN)

A tougher stance on tax havens
(DBN)

Shulman Says US Expanding Tax Inquiry After UBS 'Victory'
(DBN)

The citadel isn't crashing
(DBN)

All win in UBS tax-case denouement – even cheats
(DBN)

Tax-Auditing Case Puts Firms on Edge
(DBN)

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Hollywood:

Terminator Producers Go Bankrupt
(DBN)

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Newspapers:

Judge faults taping probe in Philly newspaper case
(DBN)

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Auto Racing:

Dodge commits to NASCAR, but on smaller scale
(DBN)

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Lehman:

Nomura sued over Lehman recruits
(DBN)

Coming Soon: Lehman Brothers, the Movie
(DBN)

Casting Call: Oversights In Lehman Brothers Movie
(DBN)

Master of Disaster: Ex-GC of Lehman Banks Lands NY BigLaw Gig
(DBN)

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Education:

Financial-Aid Cuts Alter Students' Plans
(DBN)

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Theme Parks:

Former Six Flags execs to court: We'll run the company for a few years
(DBN)

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Retailing:

Sears Moves to 2Q Loss on Store Closings, Costs
(DBN)

Stage Stores profit falls 5.9%
(DBN)

Ellen Tracy, Escada join retailers in bankruptcy
(DBN)

Resale/ Consignment/ Thrift Stores Thriving in Recession
(DBN)

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Credit Cards:

Citigroup Starts Annual Fees
(DBN)

New Credit-card Rules Fail Consumers
(DBN)

Some 21-year-olds should be carded -- for plastic
(DBN)

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Hockey:

Coyotes judge faces blizzard of filings as deadline looms
(DBN)

Balsillie stickhandles
(DBN)

Coyote relocation miles away
(DBN)

Balsillie says NHL accepts 'criminals' as owners
(DBN)

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Finance:

EDC, Brookfield launch $1-billion loan fund -To help firms facing credit crunch, provide breathing space to restructure operations and return to solvency
(DBN)

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Corporate Governance:

Seven Firms Sign Letter to SEC Opposing Shareholder Rights Proposal
(DBN)

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Recording Industry:

New Owners Revive Death Row
(DBN)

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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

This Week's Poll:

Have pre-plan sales of substantially all assets become the norm in Chapter 11 in lieu of reorganizations?

Click here to vote and click here to see results

Last Week's Poll Results (How Long Will Bankruptcy Practice Stay Busy)

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Mining:

Sterlite Matches Grupo Mexico Offer on Asarco Debts
(DBN)

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Bankruptcy Humor:

Bankruptcy Bill
(DBN)

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Fraud:

Illinois Homeowner Sues Wells Fargo For Fraud
(DBN)

Ponzi suspect Jones declared bankrupt
(DBN)

Joneses lived off more than $60K a month: accountant
(DBN)

Ex-VP Of SK Foods Charged In Tomato Fraud Case
(DBN)

Feds Bust Alleged Ponzi Scam in San Diego
(DBN)

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Health Care:

Las Vegas' medical mafia
(DBN)

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Oil/Gas:

Oil Surges More Than $3 as Supplies Drops the Most in 15 Months
(DBN)

Why oil won't return to triple digits
(DBN)

Producers ask court for delay
(DBN)

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Gambling:

After foreclosure, Greek Isles casino has new owner
(DBN)

Greek Isles owners suggest property might be sold
(DBN)

RI bankruptcy judge wants Twin River to share info
(DBN)

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Chapter 15:

SkyPower Files for Protection From US Creditors
(DBN)

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Aviation:

Southwest Airlines shares fall after downgrade
(DBN)

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Horse Racing:

Whoa Horse! Could Fraud Allegations/Vegas Judge’s Ruling Stop Remington Park Sale?
(DBN)

Racetracks are entering a pivotal financial homestretch
(DBN)

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Accounting:

Dear FASB, I’m Breaking Up With You
(DBN)

Deloitte Settles American Homes Lawsuit
(DBN)

Banks voice opposition to fair value
(DBN)

The Top Ten Reasons You Still Wanna Work for the Big Firms
(DBN)

KPMG Layoff Debrief
(DBN)

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Religion:

Fairbanks bishop requests financial help
(DBN)

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Hotels:

Hotel Burnham misses interest payments
(DBN)

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Municipalities:

Detroit needs tough medicine, not bankruptcy
(DBN)

State and local governments have expanded their payrolls since recession
(DBN)

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Banking:

Texas bank hit by California dreaming
(DBN)

BBVA Likely To Win Auction For Texas Bank: Reports
(DBN)

Citigroup's Life Under the Government's Thumb
(DBN)

Switzerland Selling Its Stake in UBS
(DBN)

A Lawsuit Tries to Get at Hackers Through the Banks They Attack
(DBN)

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Education:

Schools Prepare for Next Downturn
(DBN)

Professor: Learn From Financial Crisis
(DBN)

Lessons That Fit the Times
(DBN)

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Food/Drink:

Metromedia Steakhouses set to leave bankruptcy
(DBN)

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UK:

'Bankruptcy tourists' exploit UK's lenient insolvency laws
(DBN)

MG Rover report sparks fevered speculation
(DBN)

'Secret millionaire' faces creditors
(DBN)

Kerry Katona used kids maintenance cash to fund cocaine habit
(DBN)

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Philippines:

Execs deny Philhealth going bankrupt
(DBN)

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