August 15, 2011

The Daily Bankruptcy News

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Law:

Snapshot: Lisa Jacobs
(DBN)

Who Needs Law Firms?
(DBN)

Cut the Law Firms, Keep the Lawyers
(DBN)

Several Law Firms Plan to Increase Hiring; Law Schools Jockey for Placements
(DBN)

Fears of Double-Dip Recession Take Hold Among U.K. Law Firms
(DBN)

The Lawyer UK 200 preview: Insurance: Upstarts force pace of change
(DBN)

The Lawyer UK 200 preview: Worst performers: Trowers, Clarke Willmott top of the flops
(DBN)

Everything Must Go: Howrey's DC Furniture on the Auction Block
(DBN)

The Legal Profession Is Literally Going to the Dogs
(DBN)

Slipping the e-Leash
(DBN)

Duane Morris Partner Criticized in Postal Service Report
(DBN)

Former Clients Allege Winstead Did Not Disclose Conflict
(DBN)

Irell Fires Back at Ex-Partner Who Filed Discrimination Suit Against Firm
(DBN)

Am Law 100 Firms Have Been Generous With 'Super Committee' Members
(DBN)

August at the Beach? Not so Fast, You Job-Seeking 2Ls
(DBN)

More Dumb Lawyer Tricks
(DBN)

Confessions of an Aspiring Yale Transfer Student
(DBN)

Aspiring Yale Transfer Student Explains and Defends Her Blog
(DBN)

Prof Who Claimed His Boss Called Him a ‘Litigious Jew’ Gets $550K and His Job Back
(DBN)

Cooley Law School to Open a Campus in Tampa, Fla.
(DBN)

Behind Inside the Law School Scam
(DBN)

Gambling Away Law License
(DBN)

When Law Departments are on the Business End of Labor Strikes
(DBN)

Lawyer Indicted in Extortion Plot Tied to Fake IRS Probe
(DBN)

Showgirl-Strewn Mailing for Lawyers' CLE Event in Vegas Offends Some Women Attorneys
(DBN)

Lawyer Who Videotaped Women at Tanning Salon Sentenced to Probation
(DBN)

Chicago cops arrest 10-year-old for train robbery
(DBN)

State report finds Casey Anthony 'responsible' for daughter's death
(DBN)

Casey Anthony look-alike afraid to go outside
(DBN)

Nasdaq, Lanco Infratech, Ex-Hypo Alpe CEO, Mechel, Mattel in Court News
(DBN)

______________

Judges:

Suspicious Package Found Behind Bankruptcy Court
(DBN)

Judge's financial woes lead to bankruptcy filing
(DBN)

Outgoing ABA President Stephen Zack Decries Cutbacks at Courts
(DBN)

Judge Suspended for Encouraging Vigilante Justice in Open Court
(DBN)

Judge Educates with Good Lawyer/Bad Lawyer film
(DBN)

______________

Wall Street:

US stock index futures signal early gains
(DBN)

Market Looks for Stability in Coming Week
(DBN)

Stock Market No Longer Reflects the Economy
(DBN)

Markets Go Down the Rabbit Hole
(DBN)

Markets recover slightly Friday after week of turmoil
(DBN)

Asian Stocks Rise as U.S. Retail Sales, Japan GDP Boost Economic Outlook
(DBN)

Will Surging Severance Costs Save Wall Street Jobs?
(DBN)

Buy, Sell, Hold (Tight): Eight Days of Market Frenzy
(DBN)

High-Frequency Firms Tripled Trading as S&P 500 Plunged 13%
(DBN)

Who Is to Blame if Shares Continue Steep Declines?
(DBN)

______________

Layoffs:

Teen Unemployment Hits 50% In DC
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Municipalities:

Central Falls: Receiver wants bankruptcy case resolved quickly
(DBN)

Despite bankruptcy, city life goes on in Central Falls
(DBN)

This is what happens when a city goes bankrupt
(DBN)

AG concerned about cutting cops in CF
(DBN)

Could RI's pay-bondholders-first law be unconstitutional?
(DBN)

Faltering Rhode Island City Tests Vows to Pensioners
(DBN)

Municipal, State Employee Benefits Not Assured In Bankruptcies
(DBN)

Jefferson County rejects creditors' offer
(DBN)

Jefferson County is seeing red
(DBN)

Jefferson County Commissioner Little Brown Sees 80% Chance of Ch. 9 Filing
(DBN)

Jefferson County sewer debt talks grace period crucial to solution
(DBN)

Alabama county defers bankruptcy decision
(DBN)

Jefferson County delays again. But the acting was better
(DBN)

The Jefferson County Commission's decision to reject sewer creditors' latest offer wasn't all bad news. The most important thing is they're still talking
(DBN)

Troubled city of Bell selects interim manager
(DBN)

Fire sales are crippling metro Detroit communities, leaders say
(DBN)

Starved Budgets Inspire New Look at Internet Gambling
(DBN)

Wall Street's ride compounds states' pension fears
(DBN)

Texas billionaire funds California pension overhaul group
(DBN)

Factbox: U.S. Municipal Bankruptcies
(DBN)

______________

Orchestras:

Louisville Orchestra's bankruptcy may end soon
(DBN)

______________

Media:

Tribune ESOP settlement near
(DBN)

______________

Pensions:

PBGC, Harry & David reach deal on plan takeover
(DBN)

______________

Mail:

US Post Office Downsizing May Go Deep
(DBN)

US Postal Service Reducing Workforce, Slashing Benefits
(DBN)

______________

Fraud:

Bernie Madoff's Wife Dumps Him
(DBN)

Madoff's britches replacing lost riches
(DBN)

Conn. Town Can't Sue Fairfield Greenwich
(DBN)

Madoff trustee sues Abu Dhabi sovereign fund
(DBN)

Olint money search - US prosecutors on the hunt for funds, assets
(DBN)

David Smith Gets 30 Years in Ponzi Scheme
(DBN)

Report: Mets file for dismissal of trustee suit
(DBN)

New York Mets owners Fred Wilpon, Saul Katz, want Irving Picard's Madoff clawback thrown out
(DBN)

Homes owned by Scott Rothstein set for foreclosure auction
(DBN)

Lawyer Should Get as Long as 46 Months in Prison in Inside Case, U.S. Says
(DBN)

Experts: Judge sends message with Ciavarella sentence
(DBN)

Nigerian Behind $31 Million Scam Targeting Law Firms Extradited to US
(DBN)

______________

Economy:

Economists' outlook darkens: See 30% chance of recession
(DBN)

The Road Ahead: Insolvency, Policy, and Economic Stress
(DBN)

US Buckling Down for Long Economic Slog
(DBN)

White House debates fight over economy
(DBN)

Obama Meets with CEOs at the White House
(DBN)

Consumer sentiment plummets nearly nine points
(DBN)

US Retail Sales Up in July
(DBN)

Low Rates May Do Little to Entice Nervous Consumers
(DBN)

Consumer sentiment as grim as Carter malaise in 1980
(DBN)

Wall St. Bailout: Too Big to Collect?
(DBN)

World Bank: Markets heading to new danger zone
(DBN)

The Limitations on Central Banks
(DBN)

Quantitative Easing: Good for Rich, not for Poor
(DBN)

Conventional Fed Wisdom, Defied
(DBN)

Fed Officials Clash on State of Economy
(DBN)

Locke to China: We'll Reduce Deficit
(DBN)

Market Wary Investors Insure Millions in Cash
(DBN)

US Credit Downgrade Was About Politics
(DBN)

SEC Said to Scrutinize S&P Methodology, Possible Leaks of U.S. Rating
(DBN)

Paulson Says Treasuries Are AAA, Political Process Isn't
(DBN)

Sen. Coburn: Tax Rich, Give Them Less
(DBN)

Krugman: Solve the crisis and end the turmoil
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

The US Government and the Foreclosure Crisis: Out of Ideas or Out of Will?
(DBN)

Fannie Mae promises to keep families in homes, but instead pressures banks to foreclose
(DBN)

Fully excused second-lien mortgages spike in June
(DBN)

Home prices still poised to drop 5% by early 2012, say JPMorgan analysts
(DBN)

Delinquent mortgage borrowers 25% above pre-crash levels
(DBN)

Real estate brokers just want to move homes
(DBN)

Big boost for home prices in Orlando
(DBN)

Amount of Manhattan's distressed real estate assets falls
(DBN)

Making Sense of Home Appraisals
(DBN)

10 Housing Markets That Will Collapse in '11
(DBN)

Private-label mortgage market in waiting game
(DBN)

Mortgage fraud remains prevalent, organized crime involved: FBI
(DBN)

Mortgage broker pleads guilty; Cincinnati RE agent indicted
(DBN)

Bank of America Uses Attack Dog to Smear NY AG Schneiderman
(DBN)

Blumenthal: Mortgage Servicer Misconduct Is Huge Problem
(DBN)

At Vacant Homes, Foraging for Fruit
(DBN - NY Times - Paywall Limit Possible)

_____________

Health Care:

Two tracks to completion: Hospital must receive state approval solve bankruptcy before sale is finalized
(DBN)

Hoboken hospital chief's golden parachute irresponsible amid bankruptcy filing
(DBN)

Peninsula Hospital Rally In Queens
(DBN)

New York Senator Launches Investigation Into Peninsula Hospital's Bankruptcy
(DBN)

US Appeals Court Rules Against Obamacare
(DBN)

On Health Care and the Constitution: When Does the High Court Step In?
(DBN)

______________

Oil/Gas:

Brent edges up, above $108 as economic concerns ease
(DBN)

High Oil Prices Don't Really Hurt Economies
(DBN)

Recession Risk if Oil Prices Stay High
(DBN)

______________

Ethanol:

Closed ethanol plant to be sold
(DBN)

______________

Politics:

Obama job rating sinks below 40% for first time
(DBN)

'Debt-ceiling hullaballoo devastated' approval
(DBN)

Perry: 'Time to get America working again'
(DBN)

Perry's Texas Jobs Boom: The Whole Story
(DBN)

Issa Rips Perry's Texas Miracle
(DBN)

Perry to Enter Race with Vulnerabilities
(DBN)

Rick Perry's Crony Capitalism Problem
(DBN)

Perry: Social Security, Medicare, and Medicaid Are ' Ponzi Schemes"
(DBN)

Perry Doesn’t ‘Buy Into The Premise’ That Rescuing America’s Auto Companies Saved Jobs
(DBN)

And The Winner Is: Bachmann
(DBN)

Bachmann Only Hates Gov't Some of the Time
(DBN)

Bachmann Says Entitlements Should Be Cut
(DBN)

Bachmann ‘Real Deal’ Isn’t Reagan-Style Compromise
(DBN)

G.O.P. on Defensive as Analysts Question Party’s Fiscal Policy
(DBN)

Signs Point to Senate Run by Elizabeth Warren
(DBN)

Elizabeth Warren Sounds Like a Senate Candidate ‎
(DBN)

Elizabeth Warren: Don't be coy ‎
(DBN)

Mass. GOP hits Warren over consultants
(DBN)

Dem Senate hopefuls undeterred by Warren
(DBN)

______________

Religion:

Weakland, Sklba to be questioned as part of archdiocese bankruptcy
(DBN)

Irish Chase Vatican Cash, Real Estate
(DBN)

______________

Paper:

Recycler Manistique Papers Seeks U.S. Bankruptcy Protection
(DBN)

______________

Autos:

Nothing masterful about auto bailout
(DBN)

Saab Customers Abandon Automaker as Swedish Hometown Frets
(DBN)

Suppliers forcing the issue of Saab bankruptcy
(DBN)

GM stock holders yet to benefit from 15 years in China
(DBN)

______________

Avoidance Actions:

Dad's Looting Of Corporation By Making Gifts To His Kids Gets Them Caught Up In Fraudulent Transfers
(DBN)

______________

Building Materials:

California LBM chain closes
(DBN)

______________

Hotels:

Marriott Demands Right To File Restructuring Plan For Sawgrass
(DBN)

______________

Food/Beverage:

Giordano’s Suit Shines Light on Required Vendor Debate
(DBN)

______________

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)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

Lehman, Barzel, Harry & David, Hooters Casino: Bankruptcy
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy filings drop in Washington area
(DBN)

Personal Bankruptcies Fall Nationwide
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

_____________

Gambling:

Casino operator Affinity Gaming says business flat, profits down
(DBN)

______________

Litigation:

E-Discovery - Judge Grimm: ‘Mt. Hawley’ Set the Search Bar too High
(DBN)

Federal Circuit Affirms $500K Sanction for Litigation Misconduct
(DBN)

______________

Banking:

Creditors, Shareholders Prepare For Washington Mutual Plan Showdown
(DBN)

Société Générale Rises as a Global Worry
(DBN)

Banks say Walmart finance services need regulation
(DBN)

Is Bank of America Headed Toward Collapse?
(DBN)

Banking enters the new world order
(DBN)

WaMu : No justice, no peace (of mind)
(DBN)

______________

Tax:

Credit Suisse Likely to Settle Criminal Tax Probe
(DBN)

______________

Corporate Reform:

SEC ready for new whistleblowers
(DBN)

GOP is politicizing consumer protection
(DBN)

______________

Biotech:

Ordway board in creditors' sights
(DBN)

______________

Education:

Ernst & Young, For-Profit School Still Face Lawsuit
(DBN)

______________

Aviation:

Air India Restructure Plan In Three Months
(DBN)

______________

History:

Aftershock to Economy Has a Precedent That Holds Lessons
(DBN)

______________

Retailing:

Jamestown Mall owner files for bankruptcy
(DBN)

Retail center operator files Chapter 11
(DBN)

Retail Sales Rise, but Pessimism Drives Consumer Sentiment to a 30-Year Low
(DBN)

Not Much Made in China Stuff Sold Here
(DBN)

______________

Corporate Governance:

Courts should curb executive pay
(DBN)

______________

Sovereigns:

What would bankruptcy plan for US look like?
(DBN)

______________

UK:

Scots bankruptcy law under review
(DBN)

Nearly 600 Charged in London Riots
(DBN)

Rioters' benefits removal splits coalition
(DBN)

UK gangs thrive in riots
(DBN)

Cameron: We must reverse 'moral collapse'
(DBN)

U.K. Court Backs Montenegro Steel-Mill Lenders, MNSS Says
(DBN)

Smith Cooper unveils Leicester shake-up
(DBN)

New insolvency recruit at Fraser Brown
(DBN)

New 'pre-pack' rules to better protect creditors
(DBN)

When Holidays 4U turns out to be 'no Holiday 2 anywhere'
(DBN)

Credit cards dominate Brits' debt worries
(DBN)

Debt worries swell to encompass half the nation
(DBN)

Appointment of Administrators - 12 August 2011
(DBN)

Winding Up Petitions - 12 August 2011
(DBN)

______________

EU:

Bunds dip as stocks stabilise, ECB purchases eyed
(DBN)

Bond Brush Fires Spreading in Europe
(DBN)

Lira Gains 2nd Day on Possible Steps to Resolve EU Debt Crisis
(DBN)

Setbacks May Push Europe Into a New Downturn
(DBN)

______________

France:

French Economy Ground to Halt in 2nd Quarter
(DBN)

______________

PIIGS:

Emergency Decree: Italy Approves Tough Austerity Measures
(DBN)

Italy calls for euro bonds
(DBN)

Soros suggests Greece, Portugal quit euro-zone
(DBN)

Greek Economy Shrinks by 6.9%
(DBN)

______________

New Zealand:

Snow stalls Serepisos' bankruptcy hearing
(DBN)

______________

Russia:

Floating Nuke Plant Seized in Bankruptcy
(DBN)

______________

China:

US Woes Loom Over Biden's China Visit
(DBN - NY Times - Paywall Limit Possible)

China Costs Start to Worry US Multinationals
(DBN)

______________

MENA:

Tens of Thousands Still Protesting in Israel
(DBN)

Syria: More Mass Protests, 13 Dead
(DBN)

Admissibility of the laws of liquidation on guarantor
(DBN)

______________

Vietnam:

Vietnam foreign debt hit 42% of GDP in 2010
(DBN)

______________

Denmark:

Denmark Plans Support Measures for Banks
(DBN)

______________

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Copyright 2011