January 19, 2011

The Daily Bankruptcy News

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Law:

Bankruptcy Group of the Year: Kirkland Ellis
(DBN)

Miss America 2011 Wants a Law Degree, and Then an Appointment to SCOTUS, and Then Election to POTUS
(DBN)

S&C, Willkie Lead as Fairholme Cashes Out General Growth Stake
(DBN)

Profitability and the New KM
(DBN)

Study Sees More Law Firm Cost-Cutting Ahead
(DBN)

Six Firms Debut On Favorite List for In-House Counsel
(DBN)

Are Deal Lawyers Considered ‘Second-Class Citizens’ on Wall Street?
(DBN)

Do you buy law firms, or lawyers?
(DBN)

Baker Botts Still Hunting for 1Ls
(DBN)

SNR Denton Encourages Remote-Working Lawyers to Buy Their Own Equipment
(DBN)

Howrey Vice Chairman Heads to Dewey & LeBoeuf
(DBN)

Eversheds LLP highlight £21m reduction in staff costs
(DBN)

S&C, Willkie Lead as Fairholme Cashes Out General Growth Stake
(DBN)

Law office manager admits guilt in scheme to defraud bankruptcy clients
(DBN)

FSB FisherBroyles Expands its Bankruptcy Practice to Charlotte
(DBN)

2010: The Year of the Angry, Company-Suing Plaintiff
(DBN)

Tossing Lawyer Off Case Over E-Mail Flap Was Too Harsh a Sanction
(DBN)

Forced Mentorship Is Latest Response to Broken Legal Education System
(DBN)

After Acquittal on All Charges, Client Fights Paying Firm's Bill for Years
(DBN)

New DOJ Discipline Office for Reckless and Defiant Prosecutors
(DBN)

Former Sexting DA Claims Immunity from Civil Suit by Domestic Abuse Victim
(DBN)

Lawyer of the Day: A Trou-Dropping Tom
(DBN)

Lawyer Says Dropping His Pants Was Educational
(DBN)

This Is Your Excuse For Speeding? In Court?
(DBN)

A rehab program just for lawyers
(DBN)

After Her Death, BigLaw Partner's Lesbian Marriage Leads to Fight Over Profits
(DBN)

Columbia 3L Julia Neyman Brings Her ‘Buns of Steal’ to an End
(DBN)

Georgetown 1L’s Awesome Section-Wide Response to Cheating Allegations
(DBN)

Was 3L’s Plea Heard By BC Law Grad? School Gets $3M for Student Loan Forgiveness Program
(DBN)

Yale Law Grad Credits ‘Stolen’ Law School Chair for Literary Success
(DBN)

Women-lawyer shows challenge the old-boy network
(DBN)

Like Gas, Bill Your Time by the Gallon :)
(DBN)

Company's owner often portrayed himself as a lawyer
(DBN)

Privacy Lawyer Aaron Titus Playing Robocop Was Possibly Illegal, But Definitely Funny
(DBN)

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Judges:

Retired federal bankruptcy Judge Richard Bohanon dies in Oklahoma City
(DBN)

Retiring chief bankruptcy judge George Paine II cites pay
(DBN)

Our Oldest Federal Bench and Senility
(DBN)

Scalia Teases Breyer the Most, and Gets the Most Laughs, New Study Concludes
(DBN)

Florida's 'Taj Majal' Courthouse Leads to New Rules Against 'Grandiose, Monumental and Luxurious' Facilities
(DBN)

Plaintiff Judges Lose Bid to Reargue Pay Suit at State's High Court
(DBN)

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Wall Street:

Futures Flatline Despite Tech Beats
(DBN)

How the Major Stock Indexes Fared Tuesday
(DBN)

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Layoffs:

Why the Private Sector Isn't Hiring
(DBN)

Green Energy Can't Power Jobs Engine
(DBN)

Thousands of Texas job cuts may be just the beginning
(DBN)

Jobless Recoveries, Take Two
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

State bankruptcy chatter alarms unions, bond investors
(DBN)

State Bankruptcy : An Idea That's Ready for Primetime?
(DBN)

Are state bankruptcies next?
(DBN)

Illinois now boasts the highest corporate income tax in the world
(DBN)

States Warned of $2.5 Trillion Pensions Shortfall
(DBN)

Vallejo files plan to exit bankruptcy
(DBN)

The lessons of Vallejo's bankruptcy
(DBN)

California’s potholed city presents view of the future
(DBN)

Only Supreme Court Intervention Can Keep This California Ski Town From Bankruptcy
(DBN)

Could School Districts File Bankruptcy ?
(DBN)

Moody's cuts troubled Pennsylvania city's parking debt
(DBN)

Harrisburg council's budget becomes law as mayor refuses to sign
(DBN)

Food Stamp Surge in Illinois
(DBN)

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Autos:

GM names new chief for US marketing
(DBN)

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Retailing:

Borders lays off 45 at headquarters, distribution centers
(DBN)

Blockbuster and Borders -- two of a kind
(DBN)

Blockbuster gets two-week extension on two bankruptcy deadlines
(DBN)

Blockbuster Bankruptcy : Is It Time to Give Up?
(DBN)

Wow, That Was Fast: More DVDs Rented Now From Kiosks than Video Stores
(DBN)

Borders' stock plunges
(DBN)

Brookfield agrees to buy Fairholme's GGP stake
(DBN)

______________

Hotels:

Business as usual despite bankruptcy at Hotel LG
(DBN)

Hotel chain Innkeepers reaches new deal with creditors
(DBN)

______________

 

 

Economy:

U.S. Manufacturing Picks Up
(DBN)

Figures on Government Spending and Debt
(DBN)

Voters Want Washington to Focus on Economy, Jobs
(DBN)

More on Imagining America as China
(DBN)

US, China: Who Has the Upper Hand?
(DBN)

China monopolizes the sun
(DBN)

What is Plan B if China dumps its US debt?
(DBN)

Geithner won't let us default
(DBN)

Roubini Sees Spread of Europe Debt Crisis Among Key 2011 Risks
(DBN)

Rich Americans Raised Consumer Spending
(DBN)

Why the Midwest Fared Best in the Recession
(DBN)

22 Painful Signs That Austerity Has Arrived In America
(DBN)

Why Low Levels Of Bank Lending Aren't The Real Problem
(DBN)

A.I.G. and Treasury Pick 4 Banks for Big Stock Sale
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Southern California Median Home Price Remains Flat
(DBN)

Few bright spots in Southern California housing market
(DBN)

Bankruptcy as a means of halting foreclosure, for a moment
(DBN)

Widow Who Missed Last Mortgage Payment Allowed to Sue Law Firm for Unfair Collection
(DBN)

J.P. Morgan Acknowledges Wrongful Military Foreclosures
(DBN)

Warren: J.P. Morgan Overcharges Prove Need For Consumer Bureau
(DBN)

The full story of the Ibanez case
(DBN)

GMAC Tells Court It Will Dismiss, Re-File Certain Foreclosures
(DBN)

Foreclosure means staying in house for 673 days
(DBN)

The 10 States That Got Crushed By Foreclosures In 2010
(DBN)

Mortgage Investors Want Fewer Foreclosures Too
(DBN)

Thousands of Servicer Walkaways, Unregistered Vacant Homes May Be Costing Chicago $36M
(DBN)

Adjustable-rate mortgages fall to 3% market share as homeowners watch risk
(DBN)

Mortgage defaults decline in December
(DBN)

China: The new landlord of the US
(DBN)

Homebuilders still waiting for signs of economic improvement: NAHB
(DBN)

Fannie Mae, Freddie Mac to consider new fee structure for mortgage servicers
(DBN)

Bankruptcy fails to halt Fresno Pacific Towers auction
(DBN)

2 admit roles in California foreclosure rescue scheme
(DBN)

Murray Hill Properties defaults on Manhattan tower
(DBN)

Citigroup pares down REO by 5% in fourth quarter
(DBN)

Martin Luther King, Jr. and the Foreclosure
(DBN)

Apartments: "Consensus has a high price"
(DBN)

Is the recovery real for apartments?
(DBN)

_____________

Banking:

Citigroup Posts First Annual Profit Since 2007
(DBN)

Citi shares slide as results disappoint
(DBN)

Citigroup to name new president
(DBN)

Freddie Mac: Memo on Citi mortgages not a repurchase threat
(DBN)

HSH Delaware Wins Approval of Plan Paying Lenders From Sale
(DBN)

Failed Bank Investors' Securities Suit Dismissed
(DBN)

WaMu eyes March bankruptcy exit -attorney
(DBN)

Europeans Vow to Get Tough on Bankers Pay
(DBN)

UBS: "Never Reject An Invitation To The Sauna"
(DBN)

BNY Mellon Profit Rises 15% as Stock Rally Lifts Fee Revenue
(DBN)

______________

Aviation:

Delta Drops Most in 15 Months After Quarterly Profit
(DBN)

Delta Warns That Higher Fuel Costs Could Erase Gains
(DBN)

Air fare rises to offset higher fuel costs?
(DBN)

Delta Air's Earnings Miss Darkens Airline Mood
(DBN)

JAL Seeks Rebirth With Iconic Crane Logo
(DBN)

JAL Isn't Out of the Woods Yet
(DBN)

Ex-Japan Airlines pilots, cabin crew file lawsuit
(DBN)

______________

Lehman:

BofA Says Taking Lehman Deposits Wasn't 'Malicious'
(DBN)

______________

Deals:

Goldman: We blame you for Facebook mess
(DBN)

Why Did Goldman Blink?
(DBN)

What Really Spoiled the Facebook-Goldman Deal?
(DBN)

Goldman Fails to See Hype That Derailed Facebook's Private Sale
(DBN)

Goldman-Facebook: A Failure of Leadership
(DBN)

Goldman-Facebook Stock Snag: The Reaction
(DBN)

Goldman And Facebook's Privacy Problem
(DBN)

Goldman's Facebook Deal A 'Serious Embarrassment'
(DBN)

______________

Bankruptcy Crimes:

Undercover agent in Brown case convicted of fraud
(DBN)

______________

Horse Racing:

Rosecroft Sale To Occur January 28
(DBN)

______________

Corporate Reform:

The New Complexity of Financial Resolution
(DBN)

Neugebauer wants answers on CFPB
(DBN)

Congress to grill Elizabeth Warren over Consumer Financial Protection Bureau
(DBN)

Warren faces first inquiry
(DBN)

Simpler mortgage form is early goal of new consumer finance agency
(DBN)

"It is almost the height of insanity of bureaucracy to have the EPA regulating something that is emitted by all living things"
(DBN)

Don’t buy index annuities
(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:

"Historically, the United States has taken an inconsistent approach to the division between banking and bankruptcy"
(DBN)

Investors to Take Hit When Gov't Dismantles Banks
(DBN)

______________

Bankruptcy Statistics:

LV: Business bankruptcy filings continue to pile up in valley
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Celebs:

Our Out Of Control Courts: Bankruptcy Courts Now Deciding Cases on Feelings?
(DBN)

Court hears appeal from Anna Nicole Smith's estate
(DBN)

Tamra Barney's ex-husband gets denied from court on bankruptcy bid
(DBN)

______________

Corporate Governance:

Losing Its Bite? Delaware Court to Reconsider Poison Pill Defense
(DBN)

______________

Storytelling:

Storytelling Center Staying Open
(DBN)

______________

Chemicals:

Judge approves Tronox settlement
(DBN)

______________

Education:

College Students Learn Next To Nothing
(DBN)

______________

Telecoms:

Sprint, TerreStar Spar In Court Over Band-Clearing Fees
(DBN)

______________

Oil/Gas:

Consumers Make Trade Offs Due to Gas Prices
(DBN)

______________

Health Care:

Half in US Have Pre-existing Conditions
(DBN)

Upton Sinclair and the Wonk Gap
(DBN)

______________

Fraud:

ACLU Seeks New Trial for Ex-Agriprocessors Executive Rubashkin
(DBN)

Trustees sue Namvar's wife over diamond, funds
(DBN)

Worse than Madoff!
(DBN)

Allen Stanford's Ponzi Trial On Hold While Court Decides If He's Too Crazy To Continue
(DBN)

US Attorney's Office sets up civil frauds unit
(DBN)

______________

Accounting

Parmalat Suits Against Grant Thornton Revived by Court
(DBN)

______________

UK:

UK: Our Inflation is Now Dreadful
(DBN)

UK Jobless Claims Decline to Lowest in 21 Months
(DBN)

Small business confidence ends 2010 at its lowest level
(DBN)

Appointment of Administrators - 18 January 2011
(DBN)

Winding Up Petitions - 18 January 2011
(DBN)

______________

EU:

Europe's Tough Choice
(DBN)

Why Europe’s periphery should restructure their bonds
(DBN)

EU freezes assets over Ivory Coast stalemate
(DBN)

______________

Canada:

Last gasp for four Buchanan mills
(DBN)

______________

France:

France Gives the Thumbs Up to a Pre-Pack Restructuring Procedure – Introducing the Sauvegarde Express
(DBN)

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China:

China’s best way forward
(DBN)

______________

Mexico:

Aviacsa Exits Bankruptcy
(DBN)

______________

Ireland:

David Drumm's credit card blowout before declaring bankruptcy
(DBN)

______________

Portugal:

Cost of Portuguese debt rises to 'unsustainable levels
(DBN)

Portugal's Travel Agents Sinking Fast
(DBN)

______________

Greece:

Germany studies possible Greek restructuring
(DBN)

______________

Korea:

Hyundai Motor Inks $4.7B Deal For Hyundai E&C Stake Sale
(DBN)

______________

Tunisia:

Moody's downgrades Tunisia's credit rating
(DBN)

______________

Japan:

Kan Says Japan is in `Crisis' Comparable to Japan Airline's Bankruptcy
(DBN)

______________

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Copyright 2011