November 23, 2010

The Daily Bankruptcy News

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Law:

Cravath Bonuses Are Out: The 2010 Bonus Season Is Under Way!
(DBN)

'Tis the Season (for Law Firm Bonuses)
(DBN)

Law Firm’s ‘Empty Hourglass’ Bill Model Offers Unlimited Advice for a Set Monthly Price
(DBN)

Linklaters raids Freshfields for restructuring star Howard
(DBN)

Bankruptcy Lawyer Charged With Beating His Wife Outside of Courtroom; Another Lawyer Intervenes
(DBN)

Law firm says free aid to Harrisburg includes potential bankruptcy filing
(DBN)

Firm gets tough on new recruits
(DBN)

A Changing of the Guard at WilmerHale
(DBN)

The law firm of the future: Thomson Reuters
(DBN)

Firm set to consult with staff as partners approve outsourcing deal
(DBN)

Halliwells creditors form committee as administration rumbles on
(DBN)

Spill Commission Defends Its General Counsel
(DBN)

Fulbright Wins Dismissal of NY Malpractice Suit
(DBN)

Making equity post recession
(DBN)

With Foreclosure Co. Layoff Tally at 900, Lawyer David Stern Doffs CEO Hat, Returns to Law Firm
(DBN)

Stroock Snaps Up Leader of Red-Hot Distressed Property Practice
(DBN)

Layoffs Continue at UK Firms
(DBN)

Pucker Up: Traits of Highly Effective Boot Lickers
(DBN)

Inside Straight: Vive La Différence
(DBN)

Nine Lawyers Jump from Buchanan Ingersoll to Carlton Fields
(DBN)

Patton Boggs Blasts Chevron 'Threats' in $113 Billion Ecuadoran Environmental Case
(DBN)

Small Firm Lawyers Balk at ASU 3L’s Request for Sponsorship
(DBN)

Are You A Solo/Small Firm Attorney? Get Ready for Phone Sales Onslaught!
(DBN)

Recipe for Ruining Your Career: 7.4 Grams of Cocaine, 10 Hits of Ecstasy and 30 Yaba-Daba-Don'ts
(DBN)

Holiday Gifts for Lawyers
(DBN)

Six Indicted in $32M Internet Collection Scam That Snagged 80 Lawyers
(DBN)

Racism Will Find You, Even at the Harvard-Yale Game
(DBN)

Wannamayksumpnuvit? Lawyer Takes 11 Years of Speech Lessons
(DBN)

Man Who Conned NY Lawyers Gets Prison Sentence
(DBN)

Lawyers Go Bananas With Accusations of Slippery Tactics
(DBN)

Convicted Lawyer Blames Toothpaste for Positive Alcohol Test; Appeals Court Isn't Persuaded
(DBN)

Former Prosecutor’s Face-Making & Eye-Rolling Distracts Us, Jury Complains; Judge Dismisses Them
(DBN)

Law Prof Enters the Great Debate: Is It ‘Pleaded’ or ‘Pled’?
(DBN)

Crystalballing Learning to Lawyer
(DBN)

New York, Florida, Whatever
(DBN)

Is Your Multifunction Printer Spilling Your Secrets?
(DBN)

Noteshelf: No More Yellow Legal Pads for Me !!!
(DBN)

B.A., 23, Outstanding Student Loan Balance of $189,182.39
(DBN)

In Defense of Law School — Namely, Touro and Other Fourth-Tier Schools
(DBN)

U.K. Legal Education Facing Familiar Questions
(DBN)

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Judges:

Developer seeks judge's ouster in bankruptcy case
(DBN)

For Judge Jonathan Lippman, Sundays Are for Legal Briefs
(DBN)

"I didn't read one word. I have a life to live"
(DBN)

Scalia: Founders Never Thought Gay Sex and Abortion Were Protected Liberties
(DBN)

Petty Offenses Leave Judge Looking at Prison
(DBN)

The Very Definition of Unjust Enrichment
(DBN)

Former judge censured for airing deliberations among colleagues
(DBN)

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Courts:

Court Revives Attorney's Class Action Against U.S.
(DBN)

Federal courthouse security could be at risk, report says
(DBN)

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Wall Street:

US stock futures fall on Korea, Ireland jitters
(DBN)

Wall St drops on euro-zone debt worries, banks
(DBN)

Wall St. Falls on EU Debt Return
(DBN)

Banks Weigh on Dow Industrials
(DBN)

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Layoffs:

Attractiveness and Employment
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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AIG:

Greenhill Is Hired to Advise Treasury on A.I.G. Plan
(DBN)

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M&A:

Shareholders Question M&A Fees
(DBN)

Pockets Full, Corporations in a Buying Mood
(DBN)

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Retailing:

Black Friday: A Festival Of Greed In The Midst Of A Sea Of Pain And Suffering
(DBN)

Credit crisis strangled veteran Texas retailer
(DBN)

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Video Rentals:

Blockbuster Spending $15-20 Million to Escape Bankruptcy
(DBN)

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Utilities:

Boston Generating Seeks More Time To Control Its Bankruptcy Case
(DBN)

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Media:

American Media bankruptcy : $1.2B in debt
(DBN)

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Horse Racing:

Belmont Park Saved From Bankruptcy -- for Now
(DBN)

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Student Debt:

The Next Bubble to Burst?
(DBN)

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Food/Drink:

Help offered for idled Charlie Brown's workers
(DBN)

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Golf:

Some Decisions Made in Ford's Colony Club Bankruptcy
(DBN)

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Paper:

AbitibiBowater Approved by US Court to Cut Unsecured Debt $7.2 Billion
(DBN)

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Consultants:

FTI Hires Appolonia for Corporate Finance, Restructuring Business
(DBN)

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Distressed Investing:

Investors eye opportunities in distressed properties and loans
(DBN)

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Ethanol:

Ethanol's Future Clouded if Tax Breaks End
(DBN)

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Economy:

Fed Adopts Political Tactics on Critics
(DBN)

Conflicting reports for 2011 economy
(DBN)

Bush tax cuts: What happens if Congress punts
(DBN)

45 'Patriotic Millionaires' Call for Bush-Era Tax Cuts to Expire
(DBN)

Warren Buffett Admits Whole Trickle-Down Thing Basically a Lie
(DBN)

Economic History Shows Clearly That Tax Cuts for Rich Hurt the Economy
(DBN)

10 Things You Didn't Know About the Bush Tax Cuts
(DBN)

Deficit reduction pleas fall on deaf ears
(DBN)

QE2: the world's biggest shelf offering?
(DBN)

Woman who told Obama her financial fears has lost her job
(DBN)

Frank Defends Bernanke, `Appalled' By Republican Criticism of Fed Chairman
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

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Real Estate:

DJSP Enterprises Announces Bernstein as Chairman, CEO
(DBN)

A crime of omission: The case of the DocX pricing sheet
(DBN)

Shadow Inventory of Homes Rising
(DBN)

Mortgage Defaults Spike in Northeast U.S.
(DBN)

Why the Housing Bulls are Wrong
(DBN)

The US home loan modification mess
(DBN)

Banks Modifying Tiny Percentage of Mortgages in Need
(DBN)

More homeowners paying cash in effort to deleverage
(DBN)

Moody's: CRE prices rose 4.3% in Sept. to highest since May
(DBN)

Mortgage delinquency rate tumbles 3.5% in 3Q
(DBN)

One ‘Nightmare’ Mortgage: Problems From Origination Through Foreclosure
(DBN)

Lehman Brothers sues Fairway Independent over repurchase agreement
(DBN)

RXR to Buy 1330 Avenue of Americas in Bet on Rising Manhattan Office Rents
(DBN)

Countrywide Admits to Not Conveying Notes to Mortgage Securitization Trusts
(DBN)

BofA Employee Clarified Testimony on Mortgage Notes, Lawyer Says
(DBN)

The Big Fail
(DBN)

Lots of Smart People Couldn't Possibly F*%! Up, Could They?
(DBN)

Mortgage File Missteps Extend Past Securitization, Cantor Fitzgerald Says
(DBN)

Investors in DSB Loans to Decide on Settlement of Client Claims
(DBN)

Another Lipstick Stain
(DBN)

BofA takes big loss as it sells Mastro building
(DBN)

Sale of bankrupt West Edge development closes
(DBN)

Private-label MBS debt looms as huge risk
(DBN)

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Lehman:

Lehman Asks Judge to Reverse $11 Billion `Windfall' That Went to Barclays
(DBN)

SEC Says Two Transfers to Barclays in Lehman Deal Violate Law
(DBN)

Lehman Pays Advisers $1.1 Billion in 25 1/2 Months
(DBN)

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Corporate Reform:

FBI Raids Offices of Three Large Hedge Funds
(DBN)

It’s On: The Insider Trading Raids Have Started
(DBN)

FBI Raids Said to Stem From Hedge Fund Insider Probes
(DBN)

Ex-SAC Capital Traders Implicated in U.S. Insider Trading Probe
(DBN)

Raided hedge funds slammed by departures, outflows
(DBN)

The Government’s Ominous Warning Against Insider Trading
(DBN)

Will Insider Trading Probe Move Markets?
(DBN)

What’s the Cost of Insider Trading Rumors? $15 Billion
(DBN)

Networks of experts targeted
(DBN)

How expert networks came to dominate Wall Street
(DBN)

High-frequency, prop traders on Bharara's radar
(DBN)

US Recovers $3 Billion in Civil Fraud Cases
(DBN)

Rattner on rampage
(DBN)

Republicans Seek Information About New Consumer Finance Bureau
(DBN)

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Sports:

After Olympic Glory, the Financial Ruin
(DBN)

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Banking:

Tracking Bank Failures: Regulators Close the 28th Bank in Florida This Year
(DBN)

Failed Bank-Related Activity
(DBN)

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Private Equity:

Forecast Calls For Cloudy With A Chance Of Distressed Deals
(DBN)

RIP Quadrangle? Firm Stops Looking for New Investors
(DBN)

Crash of Kravis-Inspired Candover Shows Woes of Buyout Industry
(DBN)

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Fraud:

Morris Pleads Guilty In 'Pay to Play'
(DBN)

Chiesi Claims FBI Delayed Ad

vising Her of Rights
(DBN)

Ex-Madoff Employee Bongiorno Unable to Post Bail, Must Remain in Custody
(DBN)

Former Enron Broadband Executive Shelby Pleads Guilty to Insider Trading
(DBN)

Madoff Feeder Greenwich Sentry Seeks Bankruptcy
(DBN)

NY jeweler accused of trying to hide assets
(DBN)

New York jeweler to the stars released on bail
(DBN)

WaMu shareholders allege fraud
(DBN)

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Mass Torts:

The struggle to settle oil spill claims
(DBN)

Feinberg's $2 Billion in BP Oil-Spill Payments Fail to Halt Gulf Criticism
(DBN)

n oil spill claims, different standards for large and small businesses
(DBN)

Panel: Gulf Oil Spill Fix Was Doomed to Fail
(DBN)

BP, government praised for inventive response to oil spill
(DBN)

BP Culture Made Gulf Spill Inevitable
(DBN)

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Celebs:

Stake in Travolta’s Home Airstrip Sold at Auction
(DBN)

Tennis ace served bankruptcy notice after mortgage default
(DBN)

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Debt Collection:

Facebook: Not Just for Finding Hot Dates Anymore
(DBN)

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Credit Cards:

This Week in Credit Card News
(DBN)

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Resorts:

New company makes $40 million bid for Tamarack
(DBN)

Westin resort files for bankruptcy
(DBN)

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Municipalities:

Michigan City Declares Bankruptcy ; Another Asks for Donations
(DBN)

Harrisburg mayor doesn't plan tax increase request
(DBN)

Vallejo City Council to consider bankruptcy solution
(DBN)

Muni-Bond Issuers May Face Default `Crunch' as Stimulus Ebbs, Lehmann Says
(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 Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Bankruptcy filings down on LI
(DBN)

Personal Bankruptcies in Maine hit a Five-year High
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

Texas Rangers, Black Crow, MIG, Point Blank: Bankruptcy
(DBN)

JPMorgan, Enron, BAE, Novartis, PM Group, Lehman in Court News
(DBN)

11 Things to Do When a Client Files Bankruptcy
(DBN)

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Bankruptcy Theater:

Bankruptcy without penalty
(DBN)

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Avoidance Actions:

VeraSun Energy files 199 avoidance actions in bankruptcy court
(DBN)

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Autos:

Auto industry bailout pulls Kokomo back from brink
(DBN)

Meet the New-Old GM
(DBN)

Auto Industry Success a Hard Sell for White House
(DBN)

Breakdown ahead
(DBN)

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Litigation:

Facebook Creates New Mess for EDD: Messages
(DBN)

Report from the 2010 Georgetown Advanced E-Discovery Institute
(DBN)

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Museums:

Officials to Meet on Asian Art Museum's Financial Woes
(DBN)

Chelsea Museum End Near
(DBN)

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Baseball:

Texas Rangers' Official Got Death Threats During Sale Process, Lawyer Said
(DBN)

In Rangers' Case, Lawyers and DH Annoyed the Judge
(DBN)

Hearing Set to Slug Out Fees in TRBP Bankruptcy
(DBN)

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Aviation:

JAL rehab plan wins creditor approval
(DBN)

Extension of code-share pact aids Mesa Air in reorganization
(DBN)

An Airport-Security Alternative
(DBN)

Body-scanner makers spent millions on lobbying
(DBN)

White House Fights Back: Terrorists Have Discussed Use of Prosthetics to Conceal Explosives
(DBN)

At a Checkpoint, Terror Fears and Testy Travelers
(DBN)

More Things "TSA" Might Stand For
(DBN)

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Hockey:

Glendale execs parlay on Coyotes lease
(DBN)

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Cross-Border:

Reviews Positive on Chapter 15, Five Years Out
(DBN)

Transfield ER Cape Files for Bankruptcy in US Court
(DBN)

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UK:

Ireland bail-out: British banks hit as Irish rescue falters
(DBN)

UK: Banks Want Gov't to Rethink Reforms
(DBN)

U.K. Mortgage Approvals For House Purchase Drop In October
(DBN)

Winding Up Petitions - 22nd November 2010
(DBN)

Winding up Petition (Dismissal) Notices - 22 November 2010
(DBN)

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EU:

In European Debt Crisis, Some Call Default Better Option
(DBN)

Euro Falls for Second Day on Concern Irish Election Will Hinder Aid Talks
(DBN)

Euro zone recovery accelerates, still two-speed
(DBN)

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Ireland:

€90bn Irish bailout ends in turmoil – Now Europe fears crisis will spread
(DBN)

Cowen Plans Irish Election for Next Year After Budget Passed
(DBN)

Irish Government In Political Turmoil
(DBN)

Ireland's politics: a guide
(DBN)

Irish PM's own party crafts plan to replace him
(DBN)

IMF faces questions over Irish bail-out
(DBN)

Why 'Yes' is so hard for the Irish
(DBN)

Irish Leader to Dissolve Government After Budget
(DBN)

Why I weep and rage for Ireland
(DBN)

Anglo Irish Bond Swap Wins Approval
(DBN)

Drumm bankruptcy case told wife has legal adviser
(DBN)

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Germany:

Chancellor Faces Tough Sell on Irish Bailout
(DBN)

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Russia:

For Russia’s Poor, Blond Hair Is Snippet of Gold
(DBN)

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Spain:

Spain Will Be 'the Biggie'
(DBN)

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Iceland:

Iceland's Future is the Real Worry
(DBN)

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Canada:

Canwest Global Communications Corp. and Asset Sales under the Companies’ Creditors Arrangement Act: When is a Sale in the Ordinary Course of Business?
(DBN)

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Brazil:

Independencia Seeks to Freeze Debt, Convert $800 Million Into Shares
(DBN)

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China:

China Inflation May Be Too Hot for Controls Amid Cash Glut
(DBN)

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PIGS:

Irish Rescue Plan Shifts Focus to Portugal, Spain
(DBN)

Spain, Portugal Bank Debt Risk Surges as Traders Look South
(DBN)

I.M.F. Clears Latest Installment of Aid to Greece
(DBN)

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New Zealand:

Fontein loses $94m bankruptcy battle
(DBN)

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Middle East:

Dubai International Said to Offer Creditors 2% Rate on Loans
(DBN)

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Korea:

NKorea's military command vows 'merciless' military strike against SKorea
(DBN)

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