October 13, 2009

The Daily Bankruptcy News

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Law:

Honigman, Shearman Help GM Unload Hummer to Chinese Company
(DBN)

Anatomy of a Dissolution: The Heller Art Auction
(DBN)

Report: BofA to Waive Privilege in Merrill Flap
(DBN)

Stanford Lawyers Might Finally Get Paid
(DBN)

Stanford Investors Add Chadbourne & Parke as Defendant
(DBN)

Lanier Opening First European Office in London
(DBN)

Malpractice Suit Against Buchanan Ingersoll Stayed
(DBN)

Law Firm Merger Mania: Allen & Overy and a Mystery Suitor?
(DBN)

Lovells and Hogan: Obstacle course
(DBN)fs

Salary Cut Watch: Dorsey & Whitney Cuts Salaries Again
(DBN)

Lawyers Should Be Recruited Like Doctors
(DBN)

How the Recession Has Hurt — and Helped — the Legal Industry
(DBN)

Law Department Cost Control Methods Are Starting to Take Hold
(DBN)

No way do finance people in-house and at law firms "reach understandings on the pricing model"
(DBN)

Comparison of volume discounts to hourly rate discounts
(DBN)

When law firms pitch you for business, help them avoid the three most important gaffes
(DBN)

Shedding Tiers: Look Out, Harvard: Seton Hall Grad Makes it to Clerk Status
(DBN)

Dentons set to cut up to 29 jobs in new layoff round
(DBN)

Hard Up For Cash, Harvard Sells Naming Rights
(DBN)

See What These Lawyers Did With Their ‘Go Away Money’
(DBN)

Conservative, Liberal Groups Unite in Legal Fee Case at High Court
(DBN)

FRE 502: One Year Later
(DBN)

Sources: FBI Investigating $3.6 Million Under Fla. Lawyer's Control
(DBN)

Do You Have Portable Business? There’s an Opportunity for You on Craigslist
(DBN)

70 Sizzling & Lawyer-Friendly Apps
(DBN)

E-Discovery Gets Interesting
(DBN)

Baker & Hostetler Waits at Buddha Bar Like the Rest of Us
(DBN)

You're So Sued: Carly Simon Sues Starbucks
(DBN)

Judge Refuses to Punish Lawyer for Blogging
(DBN)

Say What?!
(DBN)

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Judges:

On Summary Judgment, Judge Gets a Spanking
(DBN)

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Wall Street:

Stocks set for flat start
(DBN)

US Stocks Rise as S&P 500 Climbs to One-Year High on Earnings
(DBN)

Dow 10,000: Just Another Number?
(DBN)

Blackstone leads sector higher on word of IPOs
(DBN)

Blackstone betting big on a recovery
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Recession Over? Tell That to the 15 Million Unemployed
(DBN)

For Millions, Unemployment Crisis is a Life Crisis
(DBN)

The Potash Corporation has laid off 700 mine workers
(DBN)

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Trucking:

Lenders extend deadlines for YRC Worldwide
(DBN)

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Health Care:

Serious illness can even affect insured
(DBN)

Company's bankruptcy filing could affect sex assault lawsuits
(DBN)

Endoscopy plaintiffs target drug suppliers
(DBN)

Health insurance lobby attacks reforms; White House accuses industry of sabotage
(DBN)

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Trucking:

Truck makers struggle as equipment demand bottoms
(DBN)

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Hotels:

Hawaii Hotels Face Fewer Visitors, More Debt
(WSJ: separate paid subscription required)

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Fraud:

The Madoff Halloween Mask
(DBN)

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Distressed Investing:

Claritas Capital Covers Its Bases, Looks To Exploit Credit Crunch
(DBN)

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UCC:

Secured Lender Versus Seller of Goods in Competing Interest Under the UCC
(DBN)

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Economy:

Two Americans Win Nobel Economics Prize
(DBN)

Obama fails to win Nobel prize in economics
(DBN)

Warren - Can DC's top bailout cop beat the finance lobby - and Larry Summers?
(DBN)

Dollar Reaches Breaking Point as Banks Shift Reserves
(DBN)

Recession may be over, but recovery is painful
(DBN)

Great Recession Will Maintain Grip for a Generation
(DBN)

Economic Stress Index
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

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Real Estate:

Capmark Financial bankruptcy due soon: source
(DBN)

Treasury to Announce New Program to Avoid Foreclosure
(DBN)

More Troubles At KB Home
(DBN)

Fitch: Hotel Term Defaults Push US CMBS Delinquencies 54 bps Higher
(DBN)

EnCap Reform Bill signed
(DBN)

Firms poised to bet billions on real estate
(DBN)

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Baseball:

Cubs File Bankruptcy Under Sale to Ricketts Family
(DBN)

Hey Ernie, Let's Play 11!
(DBN)

Cubs' stay in bankruptcy might only last a day
(DBN)

Cubs not only MLB team to face bankruptcy
(DBN)

Cubs in Bankruptcy to Speed Team's Sale
(DBN)

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Theme Parks:

Longtime Illinois amusement park, Kiddieland, closed after 80 years
(DBN)

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Student Debt:

Student Loans are the New Indentured Servitude
(DBN)

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Municipalities:

Activist wants another judge in Highland Park case
(DBN)

America's Most Impoverished Cities
(DBN)

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Banking:

Bank of America Loses Bid to Dismiss Shareholder Merrill Suit
(DBN)

Bank of America to hand over Merrill documents
(DBN)

The man behind 2009's biggest bank bust
(DBN)

The Citi Sale That Never Ends
(DBN)

Pace Slows on Losses for Banks
(DBN)

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Finance:

Investments in US venture capital funds plunge
(DBN)

CIT debt swap struggles, bankruptcy looms
(DBN)

Credit Tightens for Small Businesses
(DBN)

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Autos:

An inside view of Chrysler (and GM)
(DBN)

Is GM up to old habits?
(DBN)

Detroit Mayor Bing's ailing auto supply firm for sale
(DBN)

Virginia Sen. Norment holds stake in doomed car dealership
(DBN)

Hecker divorce judge seeks more info on finances
(DBN)

UAW calls Ford union leaders to Detroit
(DBN)

China September Car Sales Rise 84% on State Stimulus
(DBN)

GM chief says Opel sale may come this week
(DBN)

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Accounting:

Don't Sulk Big 4, Things Aren't That Bad
(DBN)

PwC FY 2009 Revenues Rise Modestly From FY 2008 Despite Tough Environment
(DBN)

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Retailing:

Linens 'N Things: Canadian Edition
(DBN)

Small Retailers Less Hopeful on Economy
(DBN)

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Gambling:

Unpaid bills may deter a bid for Fontainebleau
(DBN)

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Discovery:

Bank balks at examination request in THP bankruptcy case
(DBN)

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Lehman:

Lehman bosses sue failed bank for $100m losses
(DBN)

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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 Jobs:

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

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Bankruptcy Reform:

Washington Revives the Mortgage Cramdown
(DBN)

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Bankruptcy Statistics:

Bankruptcy filings on track to hit 1.4 million in 2009
(DBN)

Utah bankruptcies soar 62%
(DBN)

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Bankruptcy Humor:

Bankruptcy Bill
(DBN)

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Personal Bankruptcy:

New Median Income Figures
(DBN)

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Insurance:

Stanford Financial's D&O Insurer Can Advance Individuals' Defense Costs
(DBN)

AIG to sell Taiwan unit for $2.2 billion, more deals seen
(DBN)

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Compensation:

Defer pay and disclose salaries at bailed-out Wall Street firms
(DBN)

How the pay controversy is already affecting pay plans
(DBN)

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Food/Drink:

Merisant creditors support new reorganization plan
(DBN)

Lenders: Merisant Giving Too Much To Get Newport Cash
(WSJ: separate paid subscription required)

Wilton's creditors drop involuntary Chapter 11 filing
(DBN)

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Horse Racing:

Magna seeks Jan. auction of Md. racetracks
(DBN)

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Art:

The Art of the Matter
(DBN)

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Corporate Reform:

Prosecutors to Push Envelope At Bear Stearns Trial
(DBN)

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Debt Collection:

WWJD Note on Collection Letter Prompts Class Action
(DBN)

______________

Tax:

UBS Drops American Account Holders as Tax Amnesty Deadline Approaches
(DBN)

UBS Account Amnesty Deadline Adds Need for Therapy to Lawyer Consultations
(DBN)

Tax Evaders Face Choice: Pay or Pray
(DBN)

______________

Golf:

True Temper Sports files prepackaged plan for Chapter 11 bankruptcy protection
(DBN)

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Chemicals:

Lyondell says refinery's tax appraisal is too high
(DBN)

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UK:

UK business failures fall in Q3
(DBN)

UK Inflation Rate Declines More Than Forecast to Five-Year Low of 1.1%
(DBN)

No charges for Kerry Katona over accountant attack
(DBN)

England Has Worst Quality of Life
(DBN)

British Plan to Raise Money Includes Selling Its Stake in Rail Tunnel
(DBN)

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Canada:

Supreme Court of Canada decision reveals risk of characterization of cash collateral arrangements as creating security interests
(DBN)

______________

Australia:

Debtors could pocket bankruptcy reforms
(DBN)

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Italy:

Milan prosecutors still against Risanamento plan
(DBN)

______________

Iceland:

Iceland Shrinks 8% as Prices Rise 11% in Deepest Recession of 33 Countries
(DBN)

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Middle East:

Gulf suffers outflows – of investment bankers
(DBN)

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