December 8, 2009

The Daily Bankruptcy News

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Law:

Billing Rates Go Up, But Just Slightly
(DBN)

Qwest GC: Alternative Billing Deals Have Been a 'Colossal Train Wreck'
(DBN)

Senior in-housers raise concerns over value for money from law firms
(DBN)

DLA Piper Downsizes Again in Dubai, Hires Alston Partner to Head Financial Practice Group in D.C.
(DBN)

Mayer Brown Re-Deferment: A December Surprise
(DBN)

Rudy Picks Which NY Office He Wants (Sorta)
(DBN)

Former Partner Blasts Seyfarth Shaw
(DBN)

Changing of the Guard at Kirkland & Ellis
(DBN)

AIG's Top Lawyer Tells Pay Czar 'Hands Off My Paycheck'
(DBN)

AIG's GC, In Middle of Pay Kerfuffle, Brings in Dickstein Shapiro
(DBN)

Scott Rothstein law partner: I didn't earn $6 million
(DBN)

Banyon Hedge Fund Lost $775 Million Invested With Rothstein
(DBN)

Lawsuit: Levin guaranteed Rothstein funds
(DBN)

McDermott Names New Bankruptcy Partner
(DBN)

On Wilson Sonsini’s Unusual Partnership Privileges
(DBN)

Herbert Smith LLPs reveal ý5m increase in bank borrowings
(DBN)

For 9/11 Cases, Calling on a Short List of Lawyers
(DBN)

Are lawyers debt relief agencies?
(DBN)

How Now, Cash Cow?: Wondering Where BigLaw Goes From Here
(DBN)

Ben Kuehne Wants to Party With You (Yes, You)!
(DBN)

BigLaw No Big Bargain, In-Housers Say
(DBN)

Martin Lipton Remembers Bruce Wasserstein
(DBN)

Discriminating Against Conservatives in Law Firm Hiring: Is It Wrong?
(DBN)

Brownie’s New Heckuva Job
(DBN)

Recession stalls firms' carbon footprint cuts
(DBN)

Lawyer Told Now-Convicted Former Lawmaker Joseph Bruno to Avoid Fraud Charges by Avoiding Mail
(DBN)

What Makes a Good Law School Exam Answer? Law Profs Weigh In
(DBN)

Northwestern SBA Stays Silent, Others Plan Coup
(DBN)

When the Robots Attack, How Will We Hold Them Liable?
(DBN)

Lawsuit of the Day: Watanabe v. Harrah’s
(DBN)

Get a Gripe: Ralph Nader Is Ticked Off at Lawyers, Law Schools, Law Professors . . .
(DBN)

My Job Is Murder: Of Rooftops and Rumpuses
(DBN)

Law Firm Website Redesign Lesson: Review Photos as Well as Text
(DBN)

Mug Shot Roundup
(DBN)

Say What?!
(DBN)

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Judges:

Obama Nominates Wyoming’s First Lady for Judgeship
(DBN)

Mistrial for Blogger Accused of Threat to Kill 3 Federal Appellate Judges
(DBN)

Kozinski’s Turducken Dissent Sets Up Cert Petition in Privacy Case
(DBN)

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Wall Street:

Stock Futures Drift Lower
(DBN)

Wall Street Takes in Fed Comments and Then Stalls
(DBN)

Asian markets tumble on profit-taking
(DBN)

German Stocks Fall on Industrial Output, Renewed Dubai Concern
(DBN)

Goldman Employees Don't Much Like Modern Art
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Improved TARP forecast could mean $200 billion to help create jobs
(DBN)

Minimum Wage is Too High
(DBN)

How Not To Increase Employment
(DBN)

Manufacturing Won't Solve Decade's Job Woes
(DBN)

25% of Workforce Could Become Temps
(DBN)

Job picture improvement seen to start 2010
(DBN)

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Corporate Reform:

Business - Google News
(DBN)

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Banking:

Citi Seeks Gov't. Approval to Repay Taxpayers
(DBN)

Cheap Money and Bank's Risky Bets
(DBN)

Tracking Bank Failures: Regulators Seize AmTrust
(DBN)

Banks could face round of lawsuits over lending practices
(DBN)

Small Well-Capitalized Banks Like TARP
(DBN)

Bankers Now Taking Jobs Away From Old People, High-School Students
(DBN)

1,000 UK bankers hit exits over pay
(DBN)

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Privacy:

Bank exposed sensitive bankruptcy data
(DBN)

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Building Materials:

Generation Brands Enters Chapter 11
(DBN)

Court OKs Nortek's Prepackaged Chap. 11
(DBN)

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Litigation:

Lyondell settles lawsuit brought by unsecured creditors
(DBN)

The Federal Courts Jurisdiction and Venue Clarification Act of 2009
(DBN)

Credit Rating Agencies and the First Amendment: Applying Constitutional Journalistic Protections to Subprime Mortgage Litigation
(DBN)

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Credit Cards:

First Rule of Credit Cards: Negotiate
(DBN)

Late Card Payments Rise Again: Fitch
(DBN)

______________

Compensation:

Feinberg Is Said to Remove $500,000 Salary Limit for Some AIG Executives
(DBN)

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Economy:

Obama preparing new push to add jobs, tackle deficit
(DBN)

Bernanke says headwinds remain
(DBN)

Fed Will Keep Rates Near Zero Through 2010
(DBN)

Bernanke Says It’s Too Early to Know if Recovery Will Last
(DBN)

What Caused The Bailout Loss Estimate's $200 Billion Revision?
(DBN)

Obama Suggests Uses for Bailout Fund
(DBN)

Moody's Says U.S., U.K. AAA Ratings Weaker Than France, Germany, Canada
(DBN)

Consumer Credit Fell in October for a Ninth Month
(DBN)

Credit Suisse: Here Comes Deflation
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

Government needs to abandon 'carrot' approach to foreclosure crisis
(DBN)

Bank of America Says US Home Loan Modifications Top 160,000
(DBN)

Bank of America: 2/3 of Borrowers May Lose Government Mods
(DBN)

FHA Suspends Baltimore Lender
(DBN)

Starwood bids $61M for TOUSA Florida properties
(DBN)

Rhodes' bankruptcy deal ready for judge's review
(DBN)

Bonita Bay residents have struck a deal to buy their golf club
(DBN)

Frustrated THP homeowners get some relief from township
(DBN)

Tishman Speyer defaults on big Chicago loan
(DBN)

Civil Suit Says Lender Ignored Own Warnings
(DBN)

Countrywide ex-CEO Mozilo must face SEC fraud case
(DBN)

Why Hasn't Canada's Housing Market Blown Up?
(DBN)

_____________

Theme Parks:

Six Flags Noteholders Lose Bid to Reorganize Company
(DBN)

Judge says Six Flags can craft own reorg plan
(DBN)

Six Flags To Hand Katrina-Damaged Park To City
(DBN)

______________

Aviation:

Creditors want bankruptcy court to rule who owns NC charter airline
(DBN)

Alitalia to Sell First-Class Cabin Paintings Today to Pay Debt
(DBN)

Japan weighs up bailout for JAL
(DBN)

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Fraud:

Banyon Hedge Fund Lost $775 Million With Rothstein
(DBN)

Help Offered for Indirect Investors With Madoff
(DBN)

Cohmad Securities Seeks Dismissal of Madoff Liquidator Claims
(DBN)

The lessons we can all learn from Bernard Madoff
(DBN)

Madoff liquidator targets Irish feeder funds
(DBN)

Did Galleon Fall Through the Cracks Before?
(DBN)

Galleon Investigation Stymied by Lack of Follow Up, Former FBI Agent Says
(DBN)

$57 Million in Oil Paper Called Fraud
(DBN)

SEC charges ex- New Century execs in subprime case
(DBN)

New Century Case: What Took So Long?
(DBN)

Going Rogue: Why Didn't Anyone Stop Name Partner in Billion Dollar Scam?, Some Ask
(DBN)

The Raj Rajaratnam Circle Of Friends
(DBN)

Can Financial Firms Stop Insider Trading?
(DBN)

Accused hedge fund swindler Nicholson scheduled to plead guilty Friday
(DBN)

$57 Million in Oil Paper Called Fraud
(DBN)

Court report claims Riverton company operated as Ponzi scheme
(DBN)

Ohio school will return Petters scholarship donations
(DBN)

The final year at Stanford Financial
(DBN)

______________

Immigration:

Former Agriprocessors Workers Face Deportation
(DBN)

______________

Accounting:

High Court Weighs Accounting Rules
(DBN)

Deloitte's Commitment to Client Service Will be Tested by Dubai World
(DBN)

Big Four partners seek promotions for cross selling
(DBN)

Should Auditors be Able to Take Credit for Selling Non-audit Services?
(DBN)

______________

Lehman:

Investor Wins Lehman Notes Case
(DBN)

Lehman Creditors Object to Barclays Request for Sale Records
(DBN)

______________

Derivatives:

Derivative Clearing House is Deadly Risk
(DBN)

______________

Debt Collection:

Boom Or Gloom For Collections In 2010?
(DBN)

"You Are Only As Good As Your Last Payment". Is Bank Of America Intrinsically Evil?
(DBN)

______________

Golf:

Reserve Golf Club in Pawleys Island files for Chapter 11 bankruptcy protection
(DBN)

______________

Food/Drink:

Penn Traffic has an important date in bankruptcy court Tuesday
(DBN)

Bully's Files Chapter 11 Bankruptcy
(DBN)

______________

Mass Torts:

Grace lawsuit claimants still in limbo
(DBN)

______________

 

New Bankruptcy Opinions
(1 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)

______________

Bankruptcy Reform:

House Democrats eye 'cramdown' measure for regulatory reform bill
(DBN)

Home Mortgage Cramdown : Part Deux?
(DBN)

House Taking Another Shot at Loan Modifications in Bankruptcy
(DBN)

US House Rep Seeks To Revive Plan To Let Judges Alter Loans
(WSJ: separate paid subscription required)

______________

Committees:

Creditor Groups Under Attack: The WaMu Double Whammy
(DBN)

______________

Corporate Reform:

Creditors Fear New Resolution Process
(DBN)

The FBI vs. hedge funds
(DBN)

______________

Municipalities:

Jeffco may file another lawsuit against JP Morgan
(DBN)

______________

Autos:

Fight over GM, Chrysler dealer closings revs up in D.C.
(DBN)

A Flush GM to Lavish Cash on New Vehicles
(DBN)

Chrysler Fights to Regain Lost Ground
(DBN)

Icahn Blasts Goldman In Short Sale Suit
(DBN)

Honda Bumps Chrysler from 4th-Largest Automaker Slot
(DBN)

Marchionne: Chrysler recovery will be gradual
(DBN)

Marchionne To Give Up Dual Role In Fiat And Chrysler
(DBN)

China auto sales, production surpass 1 mln in Nov
(DBN)

As Detroit rivals flounder, Hyundai sets sales record
(DBN)

______________

Retailing:

Texas Comptroller opposes General Growth Properties' reorganization plan
(DBN)

US jewelry retail closings about average in '09
(DBN)

Leo Robbins & Sons, Inc. Files For Chapter 11
(DBN)

The Walking Co. files Chapter 11
(DBN)

______________

Private Equity:

Turnaround Firm Sun May Be Turning Itself Around
(DBN)

______________

Hotels:

IRS files motion against Artisan Hotel in El Paso
(DBN)

______________

Health Care:

Cabrini hospital site draws $80M bid
(DBN)

______________

Celebs:

Lady Ga Ga to avoid bankruptcy again by sorting debt problems
(DBN)

______________

Gambling:

The Gambler Who Blew $127 Million
(DBN)

______________

Newspapers:

Publisher Lays Out Plan to Save Newspapers
(DBN)

McClatchy: Ad revenue decline slowing
(DBN)

Newspaper Death Watch
(DBN)

______________

UK:

Industrial Output Stagnates Unexpectedly In October
(DBN)

Craving a cram-down: why English insolvency law needs reforming
(DBN)

UK: Financial Assault on Middle Class and Rich
(DBN)

Playboy lord accused in £12m commercial fraud
(DBN)

Dubai's Nakheel makes $3.65 bln H1 loss - report
(DBN)

______________

Japan:

Japan Nov corporate bankruptcies -11.4 pct yr/yr
(DBN)

Japan Releases Stimulus Package as Recovery Weakens
(DBN)

______________

Germany:

German bankruptcies up 17 pct in September
(DBN)

______________

Korea:

Korea's Next Credit Boom—and Bust?
(DBN)

______________

Hungary:

Bankruptcy association chief says Hungarian liquidation system still a "farce"
(DBN)

______________

Middle East:

Law Firm Layoffs Now Riding the Dubai Debt Wave
(DBN)

Dubai: 6 mths too short to restructure Dubai World
(DBN)

Dubai World creditors consider new date for Dec debt
(DBN)

Moody's cuts Dubai firms on uncertain govt support
(DBN)

Dubai Official Confuses Mkt Over Dubai World Support
(WSJ: separate paid subscription required)

Dubai World $2.45 injection not new - sources
(DBN)

Dubai shares continue to fall on debt concerns
(DBN)

S&P's impeccable timing, Islamic finance edition
(DBN)

Zoellick warns of more financial unrest after Dubai
(DBN)

Dubai builders face bankruptcy threat
(DBN)

______________

Iceland:

Iceland's Economy Falling More Rapidly
(DBN)

______________

 

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