September 28, 2009
The Daily Bankruptcy News
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Law:
Nationwide Salary Cut Watch: Townsend and Townsend and Crew
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Banks and US Trustee object to Chemtura fees
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Winston, King & Spalding in Middle of China Trade Wars
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Hey BigLaw, Associates Are Just Not That Into You
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Recession? What Recession?: Firms Find NotTooBigLaw the Place to Be
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Steering the Ship in Rough Waters: A Chat With K&L Gates's Peter Kalis
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Skadden’s One-Day Offer Strategy Didn't Hurt Acceptance Rate
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K&L Gates Chairman Advises Would-Be Law Students to Reconsider
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After years of over-charging, London lawyers could face tough justice
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Magic Circle firms slash rates to retain clients
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Firm embraces alternative billing with yearly subscription strategy
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Web Sites on the Case
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Supreme Court Term Preview: Business Issues in the Spotlight
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High Court Justices to Take Up Lawyer Ethics, Errors
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Heart of Darkness? Inside the Supremes' new term
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Looking for Good Arbitrators? A New Online Service Will Rate Them
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Spotlight Burning Bright and Hot on Terrorism Suspect's Attorney
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Law Departments Are in the 'Driver's Seat' When Setting Fees
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Creating a Buzz: Internal Marketing for First-Year Associates
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Roanoke bankruptcy lawyer closes practice, clients wonder what's next?
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A bankruptcy attorney's rebuttal
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Pls Hndle Thx: Bitter Like Me
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Hat Trick: NY Lawyer Can't Wear Baseball Cap in Court
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Firm Doesn't Get Paid, Firm Sues Client, Client Sues Firm: Sound Familiar?
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New Anklet Monitor Saves Prison Time & Money, But Creates Privacy Concerns
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Disciplinary Office Locks Disbarred Attorney Out of His Office
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Judges:
Judges Bolting for the Private Sector, But Clinging to Pay
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Judge of the Day: James Morley
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On Judge Jed Rakoff and Corporate Lawyers
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Justice Ginsburg Is Back on the Job
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Lawsuit of the Day: Chiscolm v. Bank of America
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State Supreme Court judge could be trial witness
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Federal Court Closes, Protests Start On First Day of G-20 Summit
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American Original: The Life and Constitution of Supreme Court Justice Antonin Scalia
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Empty benches
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Justice Sotomayor's toss down the middle
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Should Lawyers Be Allowed to Blog Critically About Judges?
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Wall Street:
US Stock-Index Futures Climb
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Stocks End Shaky Week On A Downer
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US Stocks Fall Most Since July on Home Sales, Durable Goods
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On Wall St: Sentiment remains fragile; Investors believe rally is temporary
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Bear Stearns' largest stockholder sues auditor, former execs
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Stocks at a tipping point ahead of crucial week
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Casual Investors Seem Hooked on Buying Zombie Stocks
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Underwriting fees soar
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Layoffs:
National and State by State Unemployment Rates
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Unemployment Confronts Obama Rhetoric With Chronic Joblessness
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U.S. Job Seekers Exceed Openings by Record Ratio
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Unemployment rate for young explodes to 52.2%
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Job losses, early retirements hurt Social Security
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Staying Afloat in 'a Lost Decade': Job Seekers Watch Clock Tick on Benefits As Poverty Looms
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To those who kept jobs, recession brings pay cuts, fewer hours
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Payrolls Probably Declined at Slower Pace
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Best and Worst Cities for New Jobs
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Fraud:
Trustee to Sue Madoff Kin for $150M, Says ‘60 Minutes’ in Upcoming Interview
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Former con man helps unravel huge Ponzi scheme
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Jailed Texas billionaire hospitalized after fight
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Municipalities:
States and Towns Lean on Taxpayers
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Investors Sue Wisconsin City After Steam-Bond Default
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Michigan faces govt. shutdown
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Risky business: States tax the rich at their peril
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Fashion:
Ferré’s Quest For Transformation Appears On Runway
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Tech:
US judge approves MagnaChip's bankruptcy plan
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Telecoms:
Buffalo telecom files for bankruptcy
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Embattled, but bold
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FairPoint says service will improve, bankruptcy still possible
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Fraud:
Credit companies, scammers offer out for bankruptcy
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Mass Torts:
Talks Near On Saint Francis Abuse Case
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Economy:
Zoellick Says US Dollar's Primacy Not a Certainty
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IMF credits self for swifter crisis response
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From Obama, G-20’s Mission as Tim Sees It
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World leaders expand G20 powers; Group to sit at center of global economic policy
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Big Issues Remain on Bank Regulation
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Enter the Recession’s Waiting Room
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Economic Stress Index
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Economy Tracker Map
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US Debt Clock
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Recovery Index
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Real Estate:
US home sales miss expectations
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The Mortgage Machine Backfires
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A Chat with Jonathan Pertchik
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New Rules Coming Soon
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Swig: Playing chess with bankruptcy
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Lodge at Aspen Mountain developers file for bankruptcy
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Court ruling new wrinkle in mortgage mess
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Seattle real estate king bankrupt; investors hurt
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A call for help from a bankrupt subdivision
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Health Care:
Banks: No to Sunwest - Lenders say reorganization plan would violate the Constitution
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Obamacare: Buy insurance or go to jail!
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Canards Infest Health Care Debate
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Finger-pointing won’t get money back
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Financial ruin after 2 months without insurance
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Aviation:
Airlines Set New 'Premium' Charge For Holiday Travel
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Another month of operating profit for Frontier
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After massive cuts, US Airways workers cautious about future
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Frontier to emerge from bankruptcy Oct. 1.
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Criminals:
Report: Escaped Wash. killer filed for bankruptcy
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Celebs:
Vick faces a financial challenge
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Pammy Facing Bankruptcy
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Randy Quaid's Allegedly Unpaid Hotel Bill Lands Him in a Cell
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Movies:
MGM needs money more than fame
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MGM's Bankruptcy Could Mean Bad News For James Bond, The Hobbit
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If You Think The Hobbit and James Bond Are in “Peril”, You're an Idiot
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MGM Said to Seek $3.7 Billion Debt Restructuring, Forbearance
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MGM Pleads With Shareholders to Stay Alive (updated)
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Student Debt:
Private loans for students can become traps
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Jobless recent college grads worry about their loans
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Davis Targets Banks' "Privileged Treatment" In Student Loan Market
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Chemicals:
Huntsman, Tronox file for antitrust clearance
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Software:
Weighed down with debt, Cincinnati's Domin-8 files Chapter 11
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Radio:
Judge Orders KGEZ/Kalispell to Turn Over Assets
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Debt Collection:
Widow Sues Debt Collection Firm for Wrongful Death of Her Husband
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Paying Off Debt Becoming En Vogue, Experts Say
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America's debtor prisons for men
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Small Business:
Entrepreneurs often don't realize that their personal assets are at risk. Until it's too late.
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Credit Counseling:
Connecticut clamps down on 'debt relief' companies
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Horse Racing:
Racehorse Prices in Freefall
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Music:
Orchestras coming back from the brink
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Chapter 13:
Judge Keith Lundin New Book on Chapter 13 Due out Shortly
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Biotech:
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Food/Drink:
Wine buying for vultures
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Hockey:
NHL bungles its handling of Gretzky affair
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Corporate Reform:
A year after the fall, an industry remains the same
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Credit Cards:
As the Date for Reform Came Issuers Made Big Moves that Will Impact Economy - GLG News
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Gambling:
Station Casinos details lease arrangement, rejection of Boyd
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Lenders seek to move Fontainebleau case to liquidation
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(No new opinions today)
Bankruptcy Court Web/Pacer Site Directory
Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
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Bankruptcy Jobs:
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In bankruptcy , prepare for worst - Chances of emerging are remote
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Bankruptcy Statistics:
Calm now, but more bankruptcies seen
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Bankruptcy Humor:
Bankruptcy Bill
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Tax:
More tax cases vs wealthy, US banks -US prosecutor
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A Fifth UBS Client Pleads Guilty in Tax Case
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G-20 Might Be Listening To Tax Havens But They Aren't Hearing Them
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Compensation:
Did Bankers’ Pay Add to This Mess?
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A New Challenge For Valuing Compensation Packages
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Autos:
GM Breaks Off Washington Redskins Contract
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GM's return policy may not be worth the hassle
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Will Suppliers Foil The New Chrysler?
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After years in bankruptcy , a changed company emerges
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Mark IV gets court OK to emerge from bankruptcy
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Hecker can't shield Crosslake home, bankruptcy judge says
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US auto business has got it all wrong
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Group seeks US help for closed Chrysler, GM dealers
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Chrysler plan under microscope
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Furniture:
Simmons Expected To Enter Chapter 11
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Mattress Deal May Face Lumpy FTC Review
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Banking:
Regulators Seize Atlanta's Second-Largest Bank
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First Citizens deal intriguing, observers say
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Banks In Georgia, On The Mind
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Capitol casualties in Georgian Bank failure
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Bailed-out banks lobby hard to stave off limits
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Fresh bailouts for smaller banks being weighed
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Overdraft angst
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FDIC chief wants overdraft fees restricted
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Overdraft 'Protection' Is Anything But
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WaMu's final days
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Accounting:
Some at Deloitte Aren't Too Concerned About Accountant Stereotypes
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E&Y in "substantial" payout to Akai liquidator
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Newspapers:
'Chicago Sun-Times' Bidders: We're Not Union 'Adversaries'
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Tribune exec defends bonus plan in Ch. 11 hearing
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Banks will be the new owners of US newspapers
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Out from bankruptcy, Star Tribune in new hands
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Derivatives:
Citigroup sues Morgan Stanley over credit-default swap agreement
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Claim Trading:
General Growth creditors can trade claims
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UK:
Britain fast becoming Europe's ' bankruptcy tourism' hotspot
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Darling Asks U.K.'s Four Biggest Banks to Stop Paying `Automatic Bonuses'
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Aston Martin owner given reprieve by banks
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Business services sector sees highest August insolvency rate
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Insolvency fears if tax holiday comes to abrupt ending
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U.K. House Prices Rise the Most in Two Years as Market Confidence Improves
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Canada:
Adoption agency's bankruptcy leaves parents in childless limbo
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The U.S. and Britain protect pensions. So why doesn't Canada?
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Unresolved Access Issues
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'Earl's Girl' knows the pain victims have endured
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Q2 Charge-Offs, Delinquencies Increase In Canada
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Ireland:
O'Brien's buyers want franchise leases repudiated
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New Zealand:
Court slams property developer's 'commercial irresponsibility '
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Russia:
Deripaska's company owes bank $432 mln
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Russian gunmaker shot down by creditor
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Germany:
Merkel Faces Economic `Mess' as $124 Billion of Stimulus Spending Runs Out
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Italy:
Italy September Consumer Confidence Rises to Highest More Than Seven Years
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