August 30, 2011

The Daily Bankruptcy News

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Law:

Olson reinstates attorneys: “Just don’t screw it up.”
(DBN)

Clifford Chance advises Nakheel on landmark restructuring
(DBN)

Ban on Non-Lawyer Investments Defies Market Reality, Firm Argues
(DBN)

DC Law Offices Report Stable or Increasing Summer Programs, Albeit Down from Pre-Recession Highs
(DBN)

Bratz Doll Maker Drops Malpractice Claim Against O’Melveny
(DBN)

David Bergstein Sues His Former Attorney for $50 Million
(DBN)

DLA Piper Associates Will Be Paid to Do Good
(DBN)

Inflated PPP?
(DBN)

Lateral Partner Movement Achieves Liftoff in Northern California
(DBN)

Skadden, Linklaters Advise on Greek Banking Merger
(DBN)

The Power of Small Firms
(DBN)

iPass Mobile Workforce Report Finds Flexibility for Me, Not Thee
(DBN)

There's an App - and a Risk - for That
(DBN)

360-Degree Reviews
(DBN)

11th Circuit Nixes $600K Sanction Against Federal Prosecutors Who Secretly Probed Defense Counsel
(DBN)

New Initiative Promotes Legal Ed Innovation and ‘Practice-Ready Lawyers’
(DBN)

Stock Scam Ensnares Attorneys
(DBN)

Alabama Immigration Law, GE Settlement, Calpers, Mylan/Teva in Court News
(DBN)

One Lawyer’s Crusade Against Red Light Cameras
(DBN)

Business Owner Must Pay Damages for Killing Burglar
(DBN)

Yes, Virginia, Parties Can Plead in the Alternative.
(DBN)

Nancy Grace’s Next Chapter: You Won’t Believe This
(DBN)

NY Lawyer Sues Ex-Girlfriends, Including a Roller Derby Queen, for Posts at Liarscheatersrus.com
(DBN)

No College Care Packages? No Birthday Cash? Kids Sue Mom—Unsuccessfully—with Lawyer Dad’s Help
(DBN)

Trial to Begin for Attorney Accused of 'Civil Disobedience' Foreclosure Break-in
(DBN)

1950s Mug Shots Become Art, Raising Legal Questions
(DBN)

Law Firm Sues Harvard Law Grad Ex-Intern Over Article About Her Capital Murder Defense Work There
(DBN)

Obama's uncle arrested on drunken driving charge - "I think I will call the White House"
(DBN)

Parenting Advice from the Guys Robbing $100,000 from Your Mansion
(DBN)

Juror Held in Contempt, Gets Community Service for Effort to Friend Defendant on Facebook
(DBN)

______________

Judges:

Benchslap of the Day: Judge Sparks Burns More Attorneys
(DBN)

Did Wis. Justice Put Colleague in Chokehold? Prosser Admits Reflexive Neck Touching
(DBN)

Judicial commission is next in line to tackle Wisconsin court incident
(DBN)

NY Judges Eventually to Make the Kind of Money Only Federal Judges See
(DBN)

Raise for N.Y. judges not enough, Bar prez says
(DBN)

Impeached Judge Thomas Porteous' former secretary loses appeal to regain job
(DBN)

Judges on Facebook: To Friend or Not to Friend?
(DBN)

______________

Wall Street:

Stock index futures signal lower open
(DBN)

The Global Rally Is Losing Steam In Europe
(DBN)

Dow Surges 254, Nearing Break-Even Point for Year
(DBN)

Stock jump after storm damage is less than feared
(DBN)

______________

Layoffs:

Obama says jobs plan will have bipartisan appeal
(DBN)

Obama May Back Hiring Credit, Infrastructure Spending Yet Fall Shy on Jobs
(DBN)

White House This Week to Provide Unemployment Forecast
(DBN)

ECRI's Achuthan: 'It's Too Late for Obama to Create Jobs'
(DBN)

HUD extends deadline for unemployed mortgage assistance
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

SIPC Says Madoff Suit Involving Bank Medici Founder Shouldn’t Be Dismissed
(DBN)

Sino-Forest's fall from grace
(DBN)

Carson Block Calls Sino-Forest 'Near Total Fraud'
(DBN)

Judge raises concerns over ex-UGA coach’s settlement with firm accusing him of Ponzi scheme
(DBN)

Deal shaky for ex-UGA coach accused in Ponzi scheme
(DBN)

Miami Hurricanes’ accused players may have to pay back Shapiro benefits
(DBN)

Felon pleads guilty in $21M Fla. Ponzi
(DBN)

Private Investigator Discovers Alleged Ponzi Schemer Holding Numerous Yard Sales
(DBN)

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Health Care:

Nursing home ordered to close
(DBN)

Rural Hospitals Prepare for Cuts
(DBN)

Ordway now seeks to liquidate assets
(DBN)

GAO: New rules leading to lower healthcare premiums, cuts to agents' fees
(DBN)

______________

Lehman:

Lehman Legal Problems Appear to Be Fading
(DBN)

______________

Gambling:

OTB parlors having hard time finding tenants
(DBN)

______________

Government Contracts:

Gores Group chosen "stalking horse" bidder for Point Blank
(DBN)

Contractors Wasted $30B in Two Wars
(DBN)

______________

Electricity:

Aurelius Seeks Insolvency Declaration On Energy Future Unit
(DBN)

_____________

Building Materials:

No job losses expected after ABC bankruptcy filing
(DBN)

______________

Politics:

Social Security vs. Ponzi schemes in one Venn diagram
(DBN)

Nurses Take on Wall St. and the Politicians Who Pander to Corporations
(DBN)

______________

Debt Collection:

Lawsuits Against Agencies, Creditors On Record Pace
(DBN)

Consumers Score in the Fight Against Unfair Collection Arbitration
(DBN)

______________

Hedge Funds:

The Complete Guide To The Good And The Bad Hedge Funds In The Worst Month Of 2011
(DBN)

______________

Economy:

Obama to tap Princeton's Alan Krueger to fill key economic post
(DBN)

Alan Krueger: Predictable, conventional, and Keynesian
(DBN)

Of course it's Alan Krueger
(DBN)

Krugman on Krueger
(DBN - NY Times - Paywall Limit Possible)

Treasuries Rise Before Home-Price Data; Gross Rues Bet Against U.S. Debt
(DBN)

US consumer spending data allays recession worries
(DBN)

US is in a Recession Right Now
(DBN)

Consumers hit savings to repay debt, purchase durable goods
(DBN)

Disposable Income Dips
(DBN)

Business Owners in Dallas Fed Survey Sound Sour Note
(DBN)

Texas-Area Manufacturing Tumbles
(DBN)

Dear Ben, Please Print Us More Money
(DBN)

U.S. Household Incomes: A 42-Year Perspective
(DBN)

Young Couple With $783K In Debt Shows What's Wrong With America
(DBN)

The Rescue That Missed Main Street
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

FDIC Objects to BofA's $8.5B Mortgage Accord
(DBN)

N.Y. Democrats decry removal of AG from foreclosure task force
(DBN)

Existing US Home Sales Fell in July
(DBN)

HousingTracker: Homes For Sale inventory down 14.1% Year-over-year in July
(DBN)

FDIC: Mortgage delinquency rate drops to lowest level since 2009
(DBN)

Report says nation lost 2,000 mortgage jobs so far this year
(DBN)

Evicted homeowners seek revenge by trashing homes
(DBN)

One Way to Speed the Recovery? Help Households, Not Banks
(DBN)

Macco Properties fights sales in bankruptcy court
(DBN)

Va. AG settles with mortgage loan modification company
(DBN)

CalPERS settles with Fitch over SIV ratings
(DBN)

Global demand for distressed commercial property soars
(DBN)

____________

Hollywood:

Sabotage! David Bergstein Sues Former Lawyer for $50 Million
(DBN)

______________

Food/Beverage:

In Death, Fancy Burger Shoppe Keeps Beefy Online Presence
(DBN)

Salahis Plan Winery Comeback
(DBN)

Buy The Salahi's Winery! Save Them From Bankruptcy !
(DBN)

Yarnell's Files Chapter 7 Bankruptcy , Says Buyers Are Circling
(DBN)

Yarnell's receives offers of buyouts
(DBN)

______________

Weather:

Are you covered? Answers to your Irene insurance questions
(DBN)

Irene Disrupts Courts, Mostly Located Upstate
(DBN)

Bachmann: Natural Disaster is God's Message
(DBN)

Lowe's, Home Depot May Benefit as Hurricane Irene Victims Clean Up Damage
(DBN)

Hurricane Irene-sparked Municipal Bankruptcies on the Rise?
(DBN)

Surveying Damage, Cuomo Says 'Mother Nature Wins'
(DBN)

After Irene, FEMA facing a disaster of its own — funding
(DBN)

Hurricane Irene: The Looming Insurance Battle
(DBN)

Should taxpayers subsidize flood-prone homes?
(DBN)

Damages From Irene Estimated at $7 Billion
(DBN)

Wall Street’s Irene Preparations Pay Off
(DBN)

A Recap of Hurricane Irene
(DBN)

Irene: Vermont's Worst Floods in 40 Years
(DBN)

______________

Banking:

BofA Sells Half China Construction Stake to Raise $8.3 Billion in Capital
(DBN)

______________

Mass Torts:

Grabill on Judicial Review of Private Mass Tort Settlements
(DBN)

______________

Autos:

Bankruptcy court won't block UAW's $450M GM suit
(DBN)

UAW, GM talks advance; early deal is possible
(DBN)

UAW President Bob King lowers expectations that deals with Detroit Three are near
(DBN)

Ford Factory Workers Vote for Strike, "I Want My Cut"
(DBN)

Moody's Leaves Toyota Ratings Unchanged
(DBN)

U.S . lenders making more subprime car loans : report
(DBN)

Saab Auto could be forced into bankruptcy : union
(DBN)

Saab: Victor Muller is Hopeful of Quick Solution, but Reorganization is also on the table
(DBN)

Saab’s CEO says they aren’t dead yet, may secure short-term financing
(DBN)

______________

Agriculture:

Judge: Grabanski didn’t mislead CPS
(DBN)

______________

Solar:

Solar Purge Drives Weakest Into Bankruptcy , Buyouts With More ...
(DBN)

______________

Hotels:

Innkeepers Sues Cerberus Over Deal's Collapse
(DBN)

______________

Retailing:

Bookstore chain deal approved
(DBN)

______________

Tax:

Swiss "Kickstart" US Tax Talks
(DBN)

______________

Financial Literacy:

Our kids need financial literacy
(DBN)

______________

Distressed Investing:

Tennenbaum Raises $530M For Turnaround Fund; Founder Steps Back
(DBN)

______________

Religion:

Illinois diocese reveals parish-closing plan after lawsuit settlement
(DBN)

Chicago Catholic church to expose abusive priests: attorney
(DBN)

______________

Finance:

Choke Hold
(DBN)

______________

New Bankruptcy Opinions
(3 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:

Offshore Funds, Giordano's, WSAH-TV, RitzCamera.com
(DBN)

Harrisburg, Indianapolis Downs, Nutrition 21, Saab
(DBN)

______________

Bankruptcy Statistics:

More San Diego businesses going bankrupt
(DBN)

1st drop in OC July bankruptcies in 5 years
(DBN)

CA: Consumer Bankruptcies Up in 2010
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Ipso Facto:

Peering Through the Muck: Court Analyzes Operation of Ipso Facto Provisions in LLC Membership Agreements Under Section 541 of the Bankruptcy Code
(DBN)

______________

Litigation:

Will Predictive Coding Win the Trust of Courts?
(DBN)

Who You Gonna Believe?
(DBN)

______________

Insurance:

D&O Insurance Coverage in the Wake of the IndyMac Bank Failure
(DBN)

MGIC's stock bounces after execs' stock buy
(DBN)

______________

Celebs:

Michael Vick gets paid, and so do his creditors
(DBN)

______________

Corporate Reform:

U.S. Living-Wills Rule May Stop Short on Key Issues, Person Says
(DBN)

SEC Can Force Lawyer to Reveal Client's Records
(DBN)

Cantor Releases Details of Regulatory Overhaul Plan
(DBN - NY Times - Paywall Limit Possible)

______________

Banking:

Hedge Funds Fight WaMu Insider-Trading Claims Ahead Of Ruling
(DBN)

______________

Municipalities:

Tax breaks bankrupted Michigan unemployment insurance fund, says report
(DBN)

Troubled city of Vernon survives California Senate vote to dissolve
(DBN)

______________

Cross-Border:

Enforcement by US Courts of Releases Granted in Foreign Insolvency Proceedings
(DBN)

______________

Safe Harbors:

A Debtor-Friendly View of Safe Harbors
(DBN)

______________

Enron:

Kenneth Lay, Deceased Enron CEO, Triumphs Over IRS in Tax Court
(DBN)

______________

IMF:

Strauss-Kahn Visits IMF to Say Goodbye
(DBN)

______________

UK:

Metis Partners joins global finance giants on shortlist for Insolvency Awards
(DBN)

Taxman's tough stance continues says R3
(DBN)

An Almost-Open Letter to the CEO and Chairman of the UK’s Financial Service Authority
(DBN)

______________

EU:

ECB's Dilemma: 1930s Depression or 1920s Hyperinflation
(DBN)

European Economic Confidence Falls
(DBN)

EU Zone: Crisis Will be Over in Three Years
(DBN)

Wealthy Europeans back Warren Buffett's call for higher taxes on the rich
(DBN)

Amid Debt Crisis, New Worries In Europe Over Pace of Growth
(DBN)

Lagarde leads from the front on Europe
(DBN)

______________

Canada:

BDO Canada Acquires KPMG’s Consumer Insolvency Wing
(DBN)

______________

PIIGS:

Finnish collateral deal won't stop Greek bailout
(DBN)

Eurogroup's Juncker: Greek collateral solution by mid-Sept
(DBN)

Greek Alpha Bank, Eurobank boards approve merger deal
(DBN)

Some Banks Haven't Written Down Greek Holdings Enough, IASB Says
(DBN)

Greek rescue creditors in Athens to review cuts
(DBN)

Greece to name tax dodgers on Internet in bid to boost weak revenues
(DBN)

Euro countries angered at Finland for secrecy over Greek collateral pact
(DBN)

Italy drops tax on high earners from austerity plan
(DBN)

Italy Weighs Austerity Changes
(DBN)

Property prices falls in Ireland slowing
(DBN)

ie: Solicitors' pay drops by up to 50pc in downturn
(DBN)

ie: Parishes asked to sell houses and fund diocese abuse
(DBN)

Struggling Dublin archdiocese considers tax on ebbing faithful
(DBN)

______________

MENA:

Rebels Free 10,000 from Gaddafi Prisons
(DBN)

Gadhafi Family Members Flee To Algeria
(DBN)

Big Oil May Have to Give Up Iraq Gas
(DBN)

Iraq Reviews Oil and Gas Law
(DBN)

______________

Iceland:

Iceland's on-going revolution
(DBN)

______________

New Zealand:

Serepisos Wants To Work With Insolvency Specialists, Court Told
(DBN)

______________

China:

Zhejiang sees 10,000 SMEs bankrupt
(DBN)

______________

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