February 9, 2011

The Daily Bankruptcy News

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Law:

Bonus Watch: Back to Basics at Bingham
(DBN)

Weil We’re Waiting for Spring Bonuses…
(DBN)

When Poaching Partners, It’s All About the Benjamins
(DBN)

Pay of $10M for Top Rainmaking Lawyers Creates Growing Morale Issues
(DBN)

Haynes and Boone Names New Bankruptcy Partner
(DBN)

Recruiters ‘Attack Like Piranhas’ as Law Firms Start to Crumble
(DBN)

Recruiters: Who Loves Ya, Baby?
(DBN)

Schulte 2010 Revenue, Profits Down
(DBN)

Howrey Partner Rethinks Winston & Strawn Offer, Opts for Rival Firm
(DBN)

Firm Defers Law Grads, Won't Recruit Law Students
(DBN)

BigLaw Firm Opens 18th Office
(DBN)

Firm Fight! Patton Boggs, Gibson Dunn Squaring Off in Chevron Case
(DBN)

Dodger divorce: New lawyers for Frank McCourt, and for his old law firm
(DBN)

Lawyer Disbarred After Filing 'Most Frivolous' Suit Judge Had Ever Seen
(DBN)

Hospitals Say Lawyers' Errors & Cover Up Exposed Them to Millions in Damages
(DBN)

Judge Denies New Trial to Law Firm re $7.3M Emotional Distress Verdict Won by Former Client
(DBN)

What Lawyers Can Do When Companies Have Employees Trapped in Global Hot Spots
(DBN)

Bridging the Gap, Part II: How In-House Counsel Can Cut Budgets While Law Firms Can Increase Profits
(DBN)

Quant's Error Cost Billions, Class Claims
(DBN)

Is the SEC the Answer to the ‘Villanova Syndrome’?
(DBN)

Latest Cooley Law School Rankings Achieve New Heights of Intellectual Dishonesty
(DBN)

Law School Applications Down 12% Nationwide
(DBN)

Sick 'Em, GC! Redskins General Counsel Fires Off One Nasty Letter
(DBN)

Factors to Consider Before Law Firms Sue Ex-Clients Over Unpaid Fees
(DBN)

Turn iPad Into a Phone Using Whistle Phone
(DBN)

Use Online Polls for Critical Legal Decisions :)
(DBN)

Meet Natalie Lee, Novelist and Federal Prosecutor
(DBN)

NY Lawyer Isn't a L------, He Just Plays One Online, Which It Turns Out, Illegal
(DBN)

Why Chinese Mothers Are Mediocre
(DBN)

Employer of the Week - Not
(DBN)

Law may get even tougher on witches
(DBN)

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Judges:

Are Federal Courts Biased in Favor of Big Business?
(DBN)

Where Have All the Judges Gone? (And When Will We Get More?)
(DBN)

Help Wanted: US Judicial Vacancies Increasing; 2011 Retirements Average One Per Week
(DBN)

Judge of the Day: Maryland Judge Must Submit to a Breathalyzer Twice a Day, But Still Keeps His Job
(DBN)

Separation of Powers: Governor Rendell and Judge Rendell Split
(DBN)

Prosecutor: Judge's 'Cash Cow' Job Milked Money Envelopes From Attorney Owner of Juvenile Facility
(DBN)

Judge Reprimanded for Jailing Man After Confrontation in Courthouse Restroom
(DBN)

You Want to Be a Judge? Okay. First, What Makes You H----?
(DBN)

4th Circuit Nominee Describes Selection Process
(DBN)

On Health Care, Justice Will Prevail
(DBN)

Audit Blasts $1.9 Billion Court Computer Project in California
(DBN)

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Wall Street:

U.S. Stock-Index Futures Decline After S&P 500 Rallies to June 2008 High
(DBN)

Stocks post broad gains, led by consumer names
(DBN)

Hong Kong Gauge Drops to Lowest This Year as China Raises Rates
(DBN)

Stock Recovery in High Gear
(DBN)

______________

Layoffs:

Why Aren't Employers Hiring?
(DBN)

Strikes, Lockouts Remained Near Record Lows in 2010
(DBN)

Job Openings in U.S. Decrease to Three-Month Low
(DBN)

Top Forecaster Brown Sees U.S. Adding 2 Million Jobs in 2011
(DBN)

Aging Boomers Reduce Unemployment Rate
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Tax:

IRS Giving Tax Evaders a Second Chance Again
(DBN)

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Banking:

WaMu files new bankruptcy plan
(DBN)

Abrupt departure of Wells CFO may leave investors wondering
(DBN)

______________

Municipalities:

US state bankruptcy won't get big cheer at hearing
(DBN)

California Plan Is Hope for Bondholders
(DBN)

Illinois: Tax Amnesty Nets Over $700 Million
(DBN)

Michigan imposes its dirty little secret property tax
(DBN)

In Muni-Bond Ills, Danger and Hope
(DBN)

Obama Plans to Rescue States With Debt Burdens
(DBN)

Congress to Tackle State, Local Fiscal Woes
(DBN)

Hope for states of federal loan reprieve
(DBN)

Alvarez & Marsal Steps Into Harrisburg Pa. Fiscal Distress
(DBN)

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Health Care:

Shepherd of the Valley rejects bankruptcy option
(DBN)

______________

Movies:

Spacey’s Bank Fails at Berlin Fest
(DBN)

______________

Autos:

Chrysler's Eminem Ad Fires Up Conservative Pundit Steyn
(DBN)

GM workers may get $3000 or more in profit sharing payouts
(DBN)

Toyota Acceleration: We Told You So
(DBN)

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Defaults:

Moody’s Reports No Defaults In January
(DBN)

______________

Economy:

Fed officials see high bar for more bond buys
(DBN)

Job Tax Plan Lands With a Thud
(DBN)

Obama's Claim That He Didn't Raise Taxes Rejected As 'Blatantly False' by Taxpayer Watchdog
(DBN)

Inflation Worries Spread
(DBN)

Fed’s Lockhart Plays Down Inflation Pressures
(DBN)

Fed’s illusion of prosperity bound to vanish
(DBN)

Is The Fed About To Have Its Next "Subprime Is Contained" Moment?
(DBN)

Manufacturer Points to Dichotomy in Consumer Spending
(DBN)

Big Business Hoards Cash, Craves Fruitcake
(DBN)

Before the recession, black-owned businesses boomed
(DBN)

Small Businesses Grow More Confident
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

______________

Real Estate:

New York Fed Economists Say Bush-Era Bankruptcy Law Fueled Over 200,000 Foreclosures
(DBN)

Bankruptcy Robosigning Business Challenged by Debtors, Trustee
(DBN)

Home Affordability Hits Pre-Bubble Levels
(DBN)

Homeowners face 'new normal' in housing bust
(DBN)

Housing Declines Again
(DBN)

Home-Price Drop Leaves 27% of US Owners Underwater on Loans
(DBN)

38% of IL single-family homes underwater
(DBN)

71% Of All Vegas Homeowners Under Water
(DBN)

Americans Move at Lowest Rate since World War II
(DBN)

New-Home Recovery Seen as Post-Super Bowl Selling Season Starts
(DBN)

SEC is Taking a Hard Look At Bad Mortgage Practices
(DBN)

Amended Complaint in LPS/Prommis Solutions Litigation Provides More Details of Alleged Kickbacks, Impermissible Fee Sharing
(DBN)

Beazer swings to 1Q loss as earnings drop 200%
(DBN)

Zandi: Here’s How To Revamp Fannie, Freddie
(DBN)

US May Cut Mortgage Support 50%
(DBN)

Fannie Freddie Report may be released by Friday
(DBN)

Post Properties widens fiscal year loss to $14.5 million
(DBN)

Future of Mortgage Securities Remains Hazy
(DBN)

Survey: Mortgage Process Has Become Too Confusing
(DBN)

Economy claims another condo
(DBN)

Miami Rents Drive All-Cash Deals
(DBN)

KBW finds meaningful decline in January mortgage prepayments
(DBN)

Vacant house, once an eyesore, now a 'neighborhood asset'
(DBN)

JP Morgan Making a Fortune Off of American Poverty
(DBN)

BuyOwner.com sold for $1 million to pay creditors
(DBN)

_____________

Hotels:

Ramada owners file Chapter 11
(DBN)

Investors Checking Back Into Hotels
(DBN)

Rich Take From Poor as U.S. Subsidy Law Funds Luxury Hotels
(DBN)

United States Bankruptcy Court Orders Sale of JFK Plaza Hotel
(DBN)

______________

Fraud:

Justice Dept. charges 4 with insider trading at hedge funds
(DBN)

Links to SAC Capital in the insider trading probe
(DBN)

Ex-SAC manager pleads guilty in insider probe
(DBN)

What Insider Traders Should Avoid
(DBN)

Insider Suspect Smashed Evidence
(DBN)

Each One Of These Hedge Funds Held Shares Of The Company At The Center Of New Insider Trading Charges
(DBN)

Your Complete Guide To Who's Who In Wall Street's Spiraling Insider Trading Scandal
(DBN)

Insider Trading Accusations Describe Network Of Corruption
(DBN)

An Insider Trading Defendant's 'Tool of the Trade'
(DBN)

The SEC Is Stretching The Definition Of Inside Information And Materiality Past The Breaking Point
(DBN)

Insider Trading Scheme Like "Something Out Of A Bad Movie"
(DBN)

The Details Behind How Two Hedge Funders Tried To Hide Their Insider Trading
(DBN)

Cases built on recordings, BlackBerry messages, garbage searches
(DBN)

Raj Rajaratnam Has Little to Lose in Demanding Trial Over Deal
(DBN)

Banks Could Have Key Role in Mets Suit
(DBN)

WaMu investors can question hedge funds on insider-trading claims
(DBN)

Madoff Lawsuit Turns on What JPMorgan Knew of Fraud
(DBN)

Madoff and the Mets
(DBN)

Troy Stratos Takes Money Running From Investors Always in Black Limousines
(DBN)

Calpers Alleges Top Lehman Execs Misled On Exposures, Financials
(DBN)

Receivers for failed financier Stanford pursuing PGA Tour
(DBN)

______________

Retailing:

The Move That Doomed Borders Bookstores
(DBN)

Borders book store frantically tries to escape sorry ending
(DBN)

Bookstores feeling pain from digital sales
(DBN)

______________

Golf:

Sutton Creek Golf Club up for sale
(DBN)

______________

Accounting:

Accounting Practices: The Games That Banks Play
(DBN)

Measuring the Career Value of the Big 4 Experience on a Scale of 1 to 5
(DBN)

Wanted: Hot Female Accountants
(DBN)

______________

Television:

DBSD Must Consider Higher Buyout Offers, Judge Says
(DBN)

______________

Bonds:

Howard Marks has contempt for his creditors
(DBN)

______________

Oil/Gas:

USA fears Saudi oil may have been overstated by 40%
(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)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

WaMu, Junco Steel, Meridian Mortgage, Hardage: Bankruptcy
(DBN)

______________

Confirmation:

Ruling Appears to End to Chapter 11 'Gift' Plans
(DBN)

DBSD: The Second Circuit’s Analysis Revealed at Last
(DBN)

______________

Bankruptcy Poetry:

Centro
(DBN)

______________

Insurance:

How AIG died
(DBN)

AIG to Take $4.1 Billion Fourth - Quarter Charge
(DBN)

______________

Corporate Reform:

Fed opens comment on Dodd-Frank regulation of nonbank firms
(DBN)

Consumer Protection Chief Seeks Allies In Faith Leaders
(DBN)

Warning Shot On Financial Protection
(DBN)

Elizabeth Warren Is Expecting Your Call
(DBN)

______________

Lehman:

CalPERS sues Wall Street's top investment banks
(DBN)

______________

Religion:

Catholic Diocese Finances Exposed in Bankruptcy Filing
(DBN)

Crystal Cathedral CFO resigns after criticism
(DBN)

Spiritual lessons from financial crisis?
(DBN)

______________

Celebs:

Another ‘OC’ Housewife Battling Housing Issues?
(DBN)

______________

Credit Cards:

That 79.9% Interest Rate Credit Card
(DBN)

______________

Rail:

US Plans $53Billion for High Speed Rail
(DBN)

Rail Traffic increases in January
(DBN)

The Entire US Economy In Three Simple Rail Charts
(DBN)

______________

Trucking:

Big Rig Truck Orders up 320% in January
(DBN)

______________

Food/Drink:

Harry & David survival in doubt,eyes restructuring
(DBN)

______________

Bankruptcy Crimes:

Macher's lawyer says trial could be pushed back
(DBN)

______________

History:

BANKRUPT! Jefferson, Lincoln, and Other Politicians Who've Gone Broke
(DBN)

______________

Sovereigns:

Interest in U.S. credit default swaps grows on debt worries
(DBN)

A Bad, Likely, and Seldom Mentioned Scenario for the U.S. During the Next Few Years
(DBN)

______________

UK:

CBI Says `Persistently High' Inflation to Push BOE on Rates
(DBN)

Britain Reaches Deal With Banks on Lending and Pay
(DBN)

U.K. Food-Price Inflation Soars as Bank of England Begins Policy Meeting
(DBN)

Insolvent deals down
(DBN)

Corporate Insolvencies reveals two-speed recovery
(DBN)

Fall in administrations spell 'fragile recovery'
(DBN)

HMRC to target unpaid tax with debt collectors
(DBN)

Construction business failures rise after an 8 quarter decline
(DBN)

Appointment of Administrators - 8 February 2011
(DBN)

Winding Up Petitions - 8 February 2011
(DBN)

Court debts reach record highs in Northern Ireland
(DBN)

______________

EU:

Goldman Sachs Turns Bullish on European Banks That Bond Market Shuns
(DBN)

______________

Canada:

Canadians Gloomy Over Personal Finances
(DBN)

Fraser Paper says its creditors have approved new restructuring plan
(DBN)

D'Addario's The Envision Group Files For Receivership
(DBN)

______________

China:

China's tightening shows global rebalancing at work
(DBN)

Dollar falls against euro as China raises rates
(DBN)

______________

PIGS:

Anglo Irish Bank reports $24-billion loss for 2010
(DBN)

Drumm questioned in 'secret' session
(DBN)

Trichet Reiterates Opposition To Irish Debt Restructuring
(DBN)

______________

Japan:

Japan’s Corporate Bankruptcies Fall 2.1% on Year in January
(DBN)

BOJ Governor Forecasts Economic Rebound
(DBN)

______________

Czech Republic:

Czech Lottery Firm Sazka Says It's Found Financial Partners
(DBN)

______________

Pakistan:

Pakistan's Government Is In Disarray As The Cabinet Resign And America Threatens To Cut Aid
(DBN)

______________

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Copyright 2011