August 3, 2011

The Daily Bankruptcy News

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Law:

Howrey, Cigna Clash Over Who Will Pay Ex-Employees' Medical Bills
(DBN)

Is the Staff Getting the Short End of the Stick at Baker & McKenzie?
(DBN)

The Best Law Firms for Diversity
(DBN)

FDIC Targets Lawyer in Bad Loan Suit
(DBN)

Same-Sex Marriage Fight at Heart of Cozen O'Connor Benefits Case
(DBN)

Get Him to The Greeks: Distressed Nation Taps Cleary's Buchheit
(DBN)

BigLaw Sucked In as Defendant in Malpractice Mess, Fraud Fight
(DBN)

Firms Vie for Corporate Clients in ‘Reverse Auctions’
(DBN)

Small Firms and (Hopefully) Strong Women
(DBN)

Top Mass. Court Nixes Seyfarth Claim That Texas Law Firm Said Too Much, Gives Pro Hac Vice OK
(DBN)

Survey: Texas Has Seventh-Largest Lawyer Surplus
(DBN)

Shale Game: BigLaw Feels Gas Pains With Leadership Shake-Up, Lateral Boom
(DBN)

JPMorgan, Kohlberg, Deutsche Bank, UBS, NBA, Citigroup in Court News
(DBN)

Federal Judge Dismisses Suit Over $14 Million Mystery Bahamian Bank Account
(DBN)

On the Legality of Sugar-Daddies
(DBN)

We Won’t Ask Any Other Students to Work All Night Long, UK Law Firm Says
(DBN)

Debt Ceiling Deal Includes Last-Second Bad News For Graduate Students
(DBN)

University of Baltimore Tries To Keep The Devil Way Down In The Hole
(DBN)

ABA Plan to Collect Detailed Law School Employment Data Riles NALP
(DBN)

Law License Plates: Back to the Future
(DBN)

Partner Exits Over Alleged Financial Irregularities Involving as Much as $1M
(DBN)

Lawyer Forgot to Change IRA Beneficiary, So the Money Went to His Ex-Wife, Not His Widow
(DBN)

Lawyer Who Says He Dropped His Pants to Educate Teens Beats Obscenity Rap But Faces Discipline Case
(DBN)

Stephen McDaniel Charged With Murder
(DBN)

How Long a Nap Is Ineffective Assistance of Counsel?
(DBN)

______________

Judges:

Funnier Than a Hounddog in Love With a Fur Coat: Is This Fella the Folksiest Judge Ever?
(DBN)

______________

Wall Street:

U.S. Stock-Index Futures Climb; Benchmark S&P 500 May Snap Seven-Day Slide
(DBN)

Massive rout spells trouble for Wall Street
(DBN)

S&P 500 Erases Year's Gain on Economy Concern
(DBN)

Stocks Decline on Concern Economic Growth Faltering; Auto Companies Drop
(DBN)

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Layoffs:

Friday’s Jobs Report: The Good News and the Bad
(DBN)

New Wave of Layoffs Suggests Jobs Report May Disappoint
(DBN)

Navistar cuts 450 of 600 jobs at Monaco Coach
(DBN)

Unemployment Numbers Up as Thousands Finish Bar Exam
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Oil/Gas:

Crude Oil Drops to Five-Week Low on Weaker US Growth Outlook
(DBN)

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Celebs:

Ex-Raiders Punter Ray Guy Auctions Three Super Bowl Rings After Bankruptcy
(DBN)

______________

Balloons:

Bankruptcy Deflates Balloon Distributor
(DBN)

______________

Bankruptcy Crimes:

Former Glen Carbon attorney again sentenced to 12 years
(DBN)

______________

Banking:

Banks Steer Customers to Arbitration and Away From Court
(DBN)

Banks ' job cuts highlight gaps in cost controls
(DBN)

______________

Pensions:

PBGC finalizes rule for terminating underfunded plans in bankruptcy
(DBN)

______________

Corporate Reform:

Warren's Farewell Letter to CFPB Staff
(DBN)

Congress to Block Consumer Protection Agency
(DBN)

Musical chairs at the CFPB
(DBN)

______________

Politics:

Poll: President, Congress Should Cut Pay
(DBN)

______________

Religion:

After settlement confirmed, bishop invites abuse survivors to meeting
(DBN)

______________

Education:

Creditors want court to oversee TiZA charter school
(DBN)

______________

Electricity:

PSEG appeals Dynegy restructuring ruling
(DBN)

______________

Orchestras:

Local Mediators Handling Orchestra Talks
(DBN)

______________

 

Economy:

Debt Agreement Puts U.S. on Path to End Stimulus Just as Economy Falters
(DBN)

Fed May Weigh More Stimulus on Slow Recovery
(DBN)

Personal Income less Transfer Payments Revised Down Sharply
(DBN)

Debt Ceiling Bill Sails Through Senate
(DBN)

U.S. Averts Default as Obama Signs Bill
(DBN)

Deficit Battle Shifts to Panel
(DBN)

Moody’s, Fitch Affirm U.S. Ratings While Warning of Downgrades
(DBN)

China Rating Agency Cuts US Rating Further
(DBN)

Why Don't We Downgrade Credit Agencies?
(DBN)

Paul Ryan: Where's Your Budget, Mr. President?
(DBN)

The Biggest Middle Class Tax Increase In History Will Come In Five Months
(DBN)

Liberals hate the debt deal. So what?
(DBN)

Washington Post Continues Its Crusade for Cutting Social Security and Medicare
(DBN)

Spending Cuts: Now Comes the Hard Part
(DBN)

Fed might mull easing, but no action seen
(DBN)

The Second Great Contraction
(DBN)

US Consumers Cut Spending; First Decline In Nearly Two Years
(DBN)

Faltering consumer spending to weigh on growth
(DBN)

Americans Did Not Really 'Cut Spending for First Time in 20 Months'
(DBN)

U.S. debt deal fails to assuage China
(DBN)

The debt deal:  Disaster averted, decline straight ahead
(DBN)

The Most Dangerous Economist in the World
(DBN)

Our Sputtering Economy by the Numbers
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

Side deal with BofA would cede liability in exchange for homeowner relief
(DBN)

Analyst calls FHFA v. UBS suit a game-changer
(DBN)

Bankrupt developer wants to borrow $12 million
(DBN)

FHA sells record number of REO in June
(DBN)

Roosevelt Lofts Sale to Conclude Downtown's Bankruptcy Boom
(DBN)

Ally Financial income falls 80% on higher mortgage buyback costs
(DBN)

Florida $30 million mortgage fraud scheme nets 27 charges
(DBN)

CMBS delinquencies hit record high
(DBN)

Condo Buyers Can Sue Trump for Misrepresenting Ties to Project
(DBN)

How Do You Fix the Housing Market? Bulldoze It
(DBN)

____________

Autos:

US auto industry uneasy after weak July sales
(DBN)

Ford's Bailout Move May End Up Hurting
(DBN)

Ford, GM US Sales Rise, But Consumer Doubts Persist
(DBN)

Ford Sales Miss Estimates, GM Sees Industry Little Changed
(DBN)

BMW Profits Jumps Nearly 66%
(DBN)

Saab Plans Share Issue to Pay Wages
(DBN)

______________

Municipalities:

Loss of bankruptcy card would weaken cities' hands
(DBN)

Rating Agency Reacts to Central Falls Bankruptcy
(DBN)

Bankruptcy judge is former commercial litigator
(DBN)

'Board-up' firm tops list of Central Falls creditors
(DBN)

Central Falls neighbors weigh impact of bankruptcy
(DBN)

State credit rating seen unaffected by filing
(DBN)

Read the City of Central Falls, Rhode Island's Motion & Memorandum of Law to Reject Collective Bargaining Agreements with Police, Fire and Municipal Employees
(DBN)

Read the Chapter 9 Voluntary Bankruptcy Petition of the City of Central Falls, Rhode Island
(DBN)

Central Falls bankruptcy weakens RI's economic chances
(DBN)

The Ruin of Central Falls
(D
BN)

Small City, Big Debt Problems
(DBN - NY Times - Paywall Limit Possible)

Day-old Central Falls bankruptcy already declared 'historical'
(DBN)

Flanders aims to slash Central Falls police, fire budget by 40%
(DBN)

Uh. Little Late, Moody’s.
(DBN)

Alabama county says large gap exists in debt talks
(DBN)

Jefferson Official Sees 'Sticking Points' in Talks on Debt
(DBN)

Jefferson County prepares new proposal in search for settlement
(DBN)

Protestors Greet JeffCo Commissioners
(DBN)

Harrisburg Mayor Proposes Asset Sale, Possible Tax on Commuters
(DBN)

______________

Banking:

Banks Cling to Liquidity
(DBN)

SocGen warns on 2012 profit as Greece scars Q2
(DBN)

______________

Consultants:

Kinetic Partners Continues US Expansion of Insolvency and Forensic Practice
(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:

Madoff, HearUSA, A&P, SW Boston, Think3
(DBN)

Hooters Casino, Seaarland, Central Falls, Awal
(DBN)

Bankruptcy + Restructuring Mid-Year Review
(DBN)

Rochelle on Madoff and Borders Bankruptcies
(DBN)

______________

Bankruptcy Statistics:

US consumer bankruptcies fall despite soft economy
(DBN)

U.S. Consumer Bankruptcies Fall 18% in Downward Trend From '10
(DBN)

Slower bankruptcy pace is bright spot for Hawaii
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Venue:

Proposed Legislation Introduced to Prevent Alleged “Forum Shopping”
(DBN)

______________

Insurance:

Court grants relief from automatic stay finding that coverage dispute is not a core proceeding
(DBN)

______________

Fraud:

Picard Tries to Salvage Mets Owners’ Lawsuit
(DBN)

JPMorgan Asks Judge to Toss $19 Billion Madoff Trustee Suit
(DBN)

Conrad Black: My time in prison with the Mafia Don
(DBN)

Berg enters guilty plea in Meridian fraud case
(DBN)

______________

Health Care:

WellPoint, HCA Decline on Fears of Debt Deal's Impact on Medicare
(DBN)

Humana: Another Early Victim Of The Debt Deal
(DBN)

The Debt Ceiling and Health Care
(DBN)

CorePlus files Chapter 11 after foreclosure
(DBN)

How Two Brothers Reaped Millions From Medicaid
(DBN)

US Employers Expand Health Care Coverage
(DBN)

______________

Retailing:

Borders Closings Are Another Step Towards Community Isolation
(DBN)

______________

Hotels:

Se San Diego Hotel sells for $49m.
(DBN)

______________

Food/Beverage:

Dominari Winery files for bankruptcy
(DBN)

______________

Corporate Governance:

Ex-Directors of Failed Firms Have Little to Fear
(DBN - NY Times - Paywall Limit Possible)

Out of the Ruins: Where Directors Landed
(DBN - NY Times - Paywall Limit Possible)

______________

Baseball:

Dodgers' woes bumming out fans
(DBN)

______________

Tax:

Ex-UBS Banker Martin Lack Is Indicted in Tax Conspiracy Case
(DBN)

Amazon Battles States Over Tax
(DBN)

______________

UK:

Bumper bonuses for insolvency and restructuring professionals
(DBN)

Insolvency and restructuring industry buoyant
(DBN)

R3 warns of retail sector distress
(DBN)

Britain's Austerity Canary Develops a Worrisome Cough
(DBN)

______________

EU:

Europe's money markets freeze as crisis escalates in Italy and Spain
(DBN)

Watching for Contagion: A Walk Through the European Banks
(DBN)

European Taxpayers on the Hook
(DBN)

EU Bank Earnings Estimates Exclude $14 Billion Greek Haircut
(DBN)

Euro Crisis May Demand Bigger Rescue
(DBN)

'Marshall Plan' for Distressed EU Economies
(DBN)

______________

PIIGS:

Silent bank run hits Greece
(DBN)

A War Of Words Erupted After Deutsche Bank Dropped $11 Billion In Italian Government Bonds
(DBN)

Italy set for crisis talks with Eurozone chief as market fears grow
(DBN)

Italian, Spanish Bonds See-Saw
(DBN)

______________

Switzerland:

SNB Cuts Rate to Zero
(DBN)

______________

Japan:

Tepco Reports Second Deadly Radiation Reading at Fukushima Plant
(DBN)

Japanese Lawmakers Pass Fukushima Compensation Plan
(DBN)

______________

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Copyright 2011