November 29, 2010

The Daily Bankruptcy News

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Law:

Did Kirkland & Ellis Already Promise to Blow Cravath’s Bonuses Out of the Water?
(DBN)

Bonus Watch: Milbank Matches
(DBN)

Law Office’s Dour, Arms-Folded Holiday Message: Be Thankful We’re On Your Team
(DBN)

Prominent Conservative Litigator Dies in Plane Crash
(DBN)

Walkabout
(DBN)

The World's Most Powerful Law Firm
(DBN)

N.Y. Firms Show Modest Uptick Despite Flat Revenues Nationwide
(DBN)

Is collegiality hurting law firm profitability?
(DBN)

Pennsylvania law firms could still see job cuts
(DBN)

Contract Work — No Better Than Flipping Burgers at McDonalds?
(DBN)

Report: Bingham Asked to Kick in to McCourt Settlement Fund
(DBN)

Slaughters, Simmons and Bird & Bird top-rated by clients
(DBN)

After 18% Pay Cut, Layoffs, Defections, Etc., Revamped Ruden McClosky Is Now 'Poised to Grow'
(DBN)

Crash, Layoffs, Defections Trigger Shakeup in Firm Leadership
(DBN)

Note to Big Law Lawyers: Consider the 'Little Big Law' Option
(DBN)

Film confronts depression in the legal community
(DBN)

Should Congress Give Luis Perez the Chance to Practice Law?
(DBN)

Will Tom DeLay Do Time?
(DBN)

Why the Debate Over the Latest EvenBiggerLaw MegaMerger Misses the Point
(DBN)

Dean Van Zandt’s Delicious Listing
(DBN)

No Jail in Plea Deal for Ex-County Attorney Accused in ‘Nice Guy’ Prostitution Ring
(DBN)

Reed Elsevier Splitting LexisNexis Into Separate "Legal" and "Risk" Units
(DBN)

Bloomberg Law’s discounts pose threat
(DBN)

Possible Disbarment for Lawyer Accused of Forging Law Firm Contract in Pay Dispute
(DBN)

Bank-Robbing Attorney Pleads Guilty to Embezzling $63K From Clients
(DBN)

Attorney Gets 21 Months in Federal Prison for Embezzling From Firm
(DBN)

Inside Trading Arrest, UBS, JPMorgan, Citigroup in Court News
(DBN)

How a Fashionista Makes an Exit: Departure Email from the Fashion Industry
(DBN)

Law Firm Ordered to Pay $600,000 for Bias Against Mentally Ill Attorney
(DBN)

Lawyer Produces Documentary Addressing Depression Among Lawyers
(DBN)

Our Clients Must Never Speak :)
(DBN)

Connecticut Offers Counseling to Traumatized Jurors
(DBN)

Law Firm Wins Round in Suit by Librarian Fired Over False Alarm
(DBN)

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Judges:

Judge Gets Greenlight for Suit Against Fellow Jurist, Lawyer
(DBN)

Jogging for Justice: One Florida Judge’s Novel Idea
(DBN)

Judges' luxury cars slap at taxpayers
(DBN)

______________

Courts:

Coming Soon to a Courthouse Near You: Full-Body Scanners?
(DBN)

______________

Wall Street:

Stocks On Track for Losing Week
(DBN)

Don't Trust Wall Street's Numbers
(DBN)

Fail and grow rich on Wall Street
(DBN)

______________

Layoffs:

Jobless claims down 7.7% to lowest level in two years
(DBN)

Arithmetic of Decline: America’s Lost Decade for Jobs
(DBN)

Employers Still Uncertain On Hiring New Graduates
(DBN)

Bernanke Failing on Employment Growth
(DBN)

Rich get tax cuts; jobless get cut off
(DBN)

How Are the Kids? Unemployed, Underwater, and Sinking
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Debt Collection:

Boom in Debt Buying Fuels Boom in Lawsuits
(DBN)

Take My Wife ... Please
(DBN)

______________

Retailing:

Thanksgiving Weekend Sales Total $45 Billion as Shoppers Scoop Up Deals
(DBN)

Shoppers Back in Black Friday Binge
(DBN)

A Slow Black Friday for Small Merchants
(DBN)

Black Friday: More Shoppers, Modest Sales
(DBN)

'It's Still Here!'
(DBN)

Before the Dawn, the Annual Search for Bargains
(DBN)

Retail CEOs See Longer Black Friday Lines
(DBN)

Deals Lure 'Black Friday' Shoppers
(DBN)

Crazed shoppers stampede
(DBN)

Mall food court placed on lockdown after fight, reports of gunshots
(DBN)

Shopper arrested after cutting in line
(DBN)

Police called after 'thousands' rush Toys R Us
(DBN)

_____________

Fraud:

FBI Raids Won't Fix Financial System
(DBN)

Arrest in Federal Hedge Fund Probe
(DBN)

FrontPoint Investors Ask for $3 Billion Back
(DBN)

Fear and Lawyering Up on Wall Street
(DBN)

Insider Trading: An Arrest and A Green Light on Wiretaps
(DBN)

Judge OKs Rajaratnam Wiretaps in Galleon Insider-Trading Case
(DBN)

Crooked Lawyers Stuff Gaveled Off
(DBN)

Suit Says UBS Feeder Funds Knew Madoff Was Fishy Back In 2006
(DBN)

Madoff Relations Sued for $69 Million
(DBN)

Madoff Trustee Files Dozens of Suits
(DBN)

The Madoff Mess: Don't Mess With Picard
(DBN)

Madoff Investors, Family Sued By Trustee Over Profits
(DBN)

Suit Says UBS Feeder Funds Knew Madoff Was Fishy Back In 2006
(DBN)

Few Judgments Against Commodity Traders Collected
(DBN)

______________

Autos:

After GM Stock Sale, Taxpayers Lose, Unions Win
(DBN)

GM says IPO grows to $23.1 billion
(DBN)

OMG, They're Serious: 'GM Says Thank You to American Public,' Using Popeye, Animal House, Knievel References
(DBN)

US carmakers revive price cut demands
(DBN)

Study: Auto Bailout was Worth the Cost
(DBN)

Automobile Parts Suppliers Struggle Despite GM Chrysler Bailouts
(DBN)

______________

Paper:

Bankruptcy courts OK purchase deal for NH mill
(DBN)

______________

Golf:

Austin-area town takes over pair of golf courses
(DBN)

______________

Gambling:

Southern casinos struggle back from recession
(DBN)

Board chairman eyes new strategy for Twin River
(DBN)

Bankruptcy follows company's failed plan for Las Vegas casino
(DBN)

NY Officials Threaten to Close OTBs
(DBN)

______________

Politics:

Lame-duck Congress facing gridlock on core issues
(DBN)

______________

 

Economy:

Our Potluck Dinner With The Economic Elite
(DBN)

Consumer, Jobless Data Offer Hope on Economy
(DBN)

Emerging Wild Card: Inflation
(DBN)

Tax-Cut Negotiations Likely to Include Unemployment, Credits, Durbin Says
(DBN)

How Congress' Tax-Cut Decision May Affect Economy
(DBN)

Taxing the Rich: It's All Relative
(DBN)

The Selfish Rich of the 21st Century
(DBN)

Deficit commission’s Simpson calls US seniors the ‘greediest generation’
(DBN)

Obama's Deficit Commission Prepares to Carve Its Turkey
(DBN)

Fact Check: Small Business Caught in Tax Battle
(DBN)

Return of Estate Tax Looms as Final Impediment to Extending Bush Tax Cuts
(DBN)

Market Rules, Made to Be Broken
(DBN)

Next Debt Crisis 'May Start in Washington'
(DBN)

An Unusually Weak Recovery
(DBN)

The Republicans Are Serious About the Budget. The Results Could Be Ugly
(DBN)

Poll: America Headed in Wrong Direction
(DBN)

The Rich: More Money, Less Empathy
(DBN)

Thanks for Nothing Corporate America
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Recovery Index
(DBN)

Bailout Tracker
(DBN)

______________

Real Estate:

U.S. Looks Deeper Into Foreclosures
(DBN)

US fast-tracks foreclosures through courts
(DBN)

492 Days From Default to Foreclosure
(DBN)

The Tail Wags the Foreclosure Dog
(DBN)

Primer: What Is a Wrongful Foreclosure?
(DBN)

Judges Blocking N.J. Foreclosures When Mortgage Notes Not in Hand
(DBN)

Conferences Prevent Foreclosures But Strain Courts
(DBN)

Fannie, Freddie Recommend Sales Resume
(DBN)

Foreclosure Fiasco Fallout Now Also Includes Securities Suit
(DBN)

Mortgages entering foreclosure fell 4.4% in October
(DBN)

FHFA 3Q home-price index back down after increase in 2Q
(DBN)

Freddie Mac mortgage rates uptick for fourth consecutive week
(DBN)

Mortgage applications rose 2.1% with double-digit gain in purchases
(DBN)

Nation has 8.6-month glut of new homes on market
(DBN)

Rich Americans Ditch Home Ownership For Renting
(DBN)

Boston Man Sentenced in Mortgage Fraud Scheme
(DBN)

At Condo Auctions, Buyer Beware
(DBN)

More Investors Short-Selling Home Builders
(DBN)

Las Vegas October homes sales take a dive
(DBN)

Empire towers files for bankruptcy
(DBN)

Bank mishandled loan, developer's lawsuit says
(DBN)

DR Horton takes on another development left by a troubled developer
(DBN)

Moody's Says Commercial Real Estate Up 4.3%; Biggest Gain in 10 Years
(DBN)

_____________

Corporate Reform:

Elizabeth Warren Met Most with Industry
(DBN)

Elizabeth Warren instrumental in notarization bill veto
(DBN)

______________

Health Care:

Doctors: Medicare cuts force painful decision about elderly patients
(DBN)

Think Twice Before Using a Medical Credit Card
(DBN)

______________

Banking:

Banks Start to Dig Out From Troubled Loans
(DBN)

Banks downgraded -- one to junk bond status
(DBN)

A Dying Banker’s Last Financial Instructions
(DBN)

“Too big to fail” alive and well in U.S. banking
(DBN)

Why Do Bank Results Slump in the 4th Quarter?
(DBN)

Credit Suisse Says It Advanced in Improving Investor Protection
(DBN)

How Loyalty to Customers Led to Storied Bank's Fall
(DBN)

The High Cost of Enforcement
(DBN)

______________

Bonds:

Bond Buyers Demand Less Collateral as Yield Spreads Widen
(DBN)

______________

Personal Finance:

Family’s Fall From Affluence Is Swift and Hard
(DBN)

______________

Derivatives:

The Little Irelands of Structured Finance
(DBN)

______________

Celebs:

Bankruptcy Watchdog Seeks Braxton’s Financial Info
(DBN)

Abba star loses multi-million dollar case against resort
(DBN)

Abba star loses bankruptcy dispute with Buddhist monk
(DBN)

'Housewives' Legal Wars -- East vs. West
(DBN)

______________

Student Debt:

What $200,000 in Student Debt Looks Like
(DBN)

______________

Litigation:

When Jurors are Wary of Lawyers, It’s Prudent to Throttle Down
(DBN)

______________

Religion:

Crystal Cathedral might stage Christmas show despite bankruptcy
(DBN)

Priest Charged With Seeking Contract Hit on Teen Witness in Sex-Assault Case
(DBN)

Archdiocese loses coverage fight over abuse claims
(DBN)

______________

Sovereigns:

Bair: Next Debt Crisis? Washington
(DBN)

______________

Credit Reporting:

Harder to Buy Copy of Your Credit Report
(DBN)

______________

Trucking:

Commercial Trucks Production to Climb 56%
(DBN)

______________

Football:

Second-Largest Provider Of NFL Helmets Seeks A Bankruptcy Auction
(DBN)

______________

Environmental:

AbitibiBowater must clean up its mess: NL
(DBN)

______________

Utilities:

Judge approves $1.1B sale of power plants
(DBN)

______________

Symphonies:

Louisville Orchestra weighing bankruptcy
(DBN)

______________

Avoidance Actions:

First Americans bankruptcy trustee demands money back
(DBN)

Bankruptcy judge approves procedures to facilitate claw back litigation against Madoff investors
(DBN)

______________

Hotels:

Banks Increase Hotel Financing as Loan Recovery Beats All US Properties
(DBN)

______________

Bankruptcy Crimes:

Prosecutor Alleges Bailey Murdered To Save Bakery From Bankruptcy
(DBN)

______________

Credit Counseling:

Oregon AG sues loan modification company
(DBN)

______________

Hollywood:

Hollywood against Wall
(DBN)

MySpace President Plans to Lead MGM Out of Bankruptcy
(DBN)

______________

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 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)

______________

Miscellaneous:

Rebuilding Lives After Bankruptcy
(DBN)

Bankruptcy Comes With Social Stigma
(DBN)

Lehman, Trico, Mesa Air, Chem Rx, Old GM, Workflow: Bankruptcy
(DBN)

Kaupthing Creditors, Madoff, A-Tec, Lehman Brothers: Bankruptcy
(DBN)

Madoff, Tribune, Oriental Trading, Lehman, Orleans: Bankruptcy
(DBN)

Bankruptcy Week Ahead
(DBN)

The Bankruptcy Files: Lehman Fees, Madoff Feeder Funds, and Resorts
(DBN)

______________

Bankruptcy Statistics:

Modesto bankruptcy court filings rising at almost twice U.S. rate
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Distressed Investing:

2010 Distressed Investing Report
(DBN)

______________

Automatic Stay:

Adequate Protection: Snoozing May Not Mean Losing…in the Ninth Circuit
(DBN)

______________

Lehman:

Ghost Of Lehman Still Haunts BofA, Barclays, JPMorgan
(DBN)

______________

Aviation:

Bankrupt airline's flight attendants strip down for calendar to raise money
(DBN)

Flying in Europe: Look Ma, No Pat-downs
(DBN)

______________

Accounting:

Forward One Email and Your Career at PwC Is Over
(DBN)

______________

Municipalities:

Default Is Dirty Word to America’s Willing and Able
(DBN)

For Tottering States, Bankruptcy Could Be the Answer
(DBN)

San Diego's bankruptcy debate mirrored in South
(DBN)

Cravath takes on Harrisburg bankruptcy work pro bono
(DBN)

Brief duty pays (too?) well in Vallejo
(DBN)

______________

UK:

FTSE dives into the red
(DBN)

Anger Has UK Bankers Worried on Bonuses
(DBN)

DVD industry in crisis as sales slump
(DBN)

Hold on tight for the next credit crunch
(DBN)

Winding Up Petitions - 26th November 2010
(DBN)

______________

EU:

Europe Scrambles to Ward Off Eurozone Collapse
(DBN)

Euro Wobbles in Asian Trading After Ireland Rescue Plan Approved
(DBN)

EU Debt Crisis Escalates
(DBN)

Now rescue threatens Germany
(DBN)

Euro Herd Can Be Glad U.K. Stayed Out
(DBN)

The Euro is Absolutely Totally Fine. Honest.
(DBN)

The Good Ship Euro Officially Sinking
(DBN)

Unthinkable: Euro Zone Breakup
(DBN)

Leaving the Euro: How Would It Work?
(DBN)

Germany Pushes France on Bailout Stance
(DBN)

Europe: A Crisis Needs More Sacrifice
(DBN)

Hungary Yields Hit Year High, Stocks Fall as Pension Grab Threatens Rating
(DBN)

An Invisibility Cloak for Europe’s Debt?
(DBN)

EU Proposes New Rules for Future Bailouts
(DBN)

European Companies Cut Debt Most Since '03 as Earnings Jump 46%
(DBN)

______________

PIGS:

Ireland Wins $113 Billion Bailout as EU Ministers Seek to Halt Debt Crisis
(DBN)

EU Outlines Bond Restructuring Plan
(DBN)

Spain and Portugal take center stage
(DBN)

Spain Bets on Budget Cuts
(DBN)

PM Zapatero Says No Chance Spain Will Need Bailout
(DBN)

Spain Pledges More Bank Health Checks, Debt Updates
(DBN)

A Home-Price Puzzle in Spain
(DBN)

Portuguese MPs back austerity budget
(DBN)

Equity Markets Fall as Concern Shifts to Portugal
(DBN)

Portugal Denies Report on Bailout
(DBN)

Portugal Shut Down in Protests Over Cuts
(DBN)

Irish bond yields hit high, banks sink
(DBN)

Irish bank restructuring has tidy if slow solution
(DBN)

In Ireland, Low Corporate Taxes Go Untouched
(DBN)

Ireland's Economy: Split Personality
(DBN)

Irish Relief Fleeting as `Day of Reckoning' Nears
(DBN)

Irish Bank Bonds Tumble on Concern Senior Bondholders Will Pay for Bailout
(DBN)

Bailout cost-sharing report hits interbank funding
(DBN)

Bank of Ireland ex-boss who got out just in time
(DBN)

Will Ireland Default? Ask Belgium
(DBN)

Ireland: "No country for young men"
(DBN)

Germany wants punitive interest rate for Ireland
(DBN)

Demonstrators in Ireland Protest Austerity Plan
(DBN)

Greece: Long Time Paying
(DBN)

______________

Canada:

Nortel pensioners get their hopes dashed by Senate
(DBN)

______________

Germany:

Germany Makes Gain on Bailouts
(DBN)

______________

India:

India’s Bribes-for-Loans Inquiry Widens
(DBN)

______________

Middle East:

Dubai Holding Unit Doubles Its Debt Deal
(DBN)

Abu Dhabi Bank Sues Credit Suisse, S&P
(DBN)

U.A.E. Bankruptcy Filing Worries Home Investors
(DBN)

Dubai considers privatisation in fight against debt
(DBN)

Al Murjan's bankruptcy to blaze new UAE legal ground
(DBN)

______________

Chile:

Chile Mining Company Sells Assets to Avoid Bankruptcy
(DBN)

______________

Iceland:

Iceland Is No Ireland as State Free of Bank Debt, Grimsson Says
(DBN)

______________

Australia:

Hilton in the Vines Resort Fails
(DBN)

Former millionaire entrepreneur Craig Gore left with $100 in cash
(DBN)

David Henderson placed in bankruptcy
(DBN)

______________

Vietnam:

Delayed Vinashin repayment would raise questions-Moody's
(DBN)

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