July 8, 2011

The Daily Bankruptcy News

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Law:

Law firm M&A's are up, but with a focus on acquisitions
(DBN)

The 7 Less-Deadly Sins of Summer Associating
(DBN)

A Tale Of Two Law Students: One Summering At Cravath, The Other Still Searching For A Job
(DBN)

'Thinking the Unthinkable' About the Legal Profession
(DBN)

Firm Doubles Down on Office Space as NY Growth Strategy Pays Off
(DBN)

Each Violation of New Barratry Law Could Cost Texas Lawyers a $10K Fine, Plus Attorney’s Fees
(DBN)

All This Techno-Ignorance Will Make Your Head Explode
(DBN)

Litigators Provide iPads to 20 Clients, to Help Them Stay Connected to Cases
(DBN)

Time To Get All Nancy Grace On You
(DBN)

Monster profits return to London law firms
(DBN)

Freshfields Partner Profits Fall 6.9% as Law Firms Brace for a Slower Year
(DBN)

Mixed bag of trainee retention figures emerge
(DBN)

Zombie Firm Litigation Continues; Former Chairman Responds
(DBN)

Fox Rothschild Elevates Bankruptcy Attorney to Partner (scroll down to Klein)
(DBN)

Greenberg Traurig attorneys help seal $421 million SatMex deal
(DBN)

Casey Anthony May Have Beaten Murder Charges, But the Suits Are Piling Up
(DBN)

Most Highly Regarded Firms: Oil & Gas 2011
(DBN)

Judicial Marshal Charged with Taking Bribes, Forging Prosecutor’s Initials to Dismiss Tickets
(DBN)

Grin and Bare It: Stripping Out of Your Suit at Firm Events
(DBN)

Prominent Lawyer Gets 8 Months as Her Attorney Husband Urges Court to Blame Him in Tax Case
(DBN)

Goldman, Blackboard, UBS, JPMorgan, Madoff, Wells Fargo in Court News
(DBN)

Dallas Cowboys Receiver on Legal Quest to Get Engagement Ring Back
(DBN)

Woman Slaps Husband
(DBN)

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Judges:

Judge of the Day: Lady Likes To Take Pictures of . . .
(DBN)

John Paul Stevens: Conversation on Longevity, Retirement, Inside E Street
(DBN)

Supreme Court Business Briefing
(DBN)

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Wall Street:

Stock futures signal mixed open for equities
(DBN)

Stocks advance on strong jobs reports
(DBN)

SocGen’s Edwards: Earnings Trouble Ahead?
(DBN)

Corporate Earnings Poised for Smallest Gain in 2 Years in U.S.
(DBN)

Why Joe 6-Pack Can't Invest Like Warren Buffett
(DBN)

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Layoffs:

New Jobless Claims Still 418,000
(DBN)

Outlook for Employment Brightens
(DBN)

Warren Buffett's Wager on Unemployment
(DBN)

Fewer People Sought Unemployment Aid Last Week
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Baseball:

Judge sides with MLB in Dodgers' bankruptcy hearing
(DBN)

Dodgers Bankruptcy Judge Refuses to Let Team Question Commissioner Selig
(DBN)

MLB: Frank McCourt Tried to Take $20 Million from Dodgers in April
(DBN)

Love the Team, Hate the Team Owner
(DBN)

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DOMA:

Feds Concede DOMA Fight in Bankruptcy Court
(DBN)

Justice Department Drops Appeal Of DOMA Bankruptcy Case
(DBN)

Congress Declines Chance to Appeal Bankruptcy Court's DOMA Ruling
(DBN)

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Non-Profits:

Bankruptcy trustee plies into PIC's finances
(DBN)

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Satellites:

Judge Approves $1.375 Billion Sale Of TerreStar To Dish
(DBN)

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Fraud:

UBS Suits by Madoff Trustee May Be Handled by District Judge
(DBN)

NY Mets owners ask judge to end $1 billion Madoff suit
(DBN)

JPMorgan wins dismissal of Madoff conspiracy suit
(DBN)

Circuit Rejects Madoff Victims' Attempt to Use RICO Statute
(DBN)

JPMorgan, Mets Tactic May Cut Madoff Jackpot, Hurt Claim Values
(DBN)

Ponzi suspect Vaughan seeks court delay
(DBN)

California's fraud suit against Villalobos can proceed, judge rules
(DBN)

CalPERS' $11-million legal bill raises eyebrows
(DBN)

Expert-Network Founder Who Refused FBI Wire Says He Expects His Own Arrest
(DBN)

Goldman to defend Liberty Mutual securities fraud case vigorously
(DBN)

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Celebs:

Sonja Morgan Confirms She's Bankrupt
(DBN)

'Real Housewives of New York' Recap: Burlesque as Bankruptcy Therapy
(DBN)

UB40 for UB40! Reggae stars who sold 70m records over 28 years face bankruptcy
(DBN)

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Auto Racing:

Motorsports Park receives owner's bid during auction
(DBN)

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Student Debt:

The Crushing Weight of Student Debt
(DBN)

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Retailing:

Why Rich Shoplift More Than the Poor
(DBN)

Vacancies at U.S. Shopping Centers Climb After Holding Steady for A Year
(DBN)

Retailers surge as sales rise
(DBN)

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Food/Beverage:

Bankrupt Allen Foods seeks executive bonuses
(DBN)

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Hollywood:

David Bergstein Grilled for Three Hours in US Trustee's Office
(DBN)

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Aerospace:

After the Shuttle: From Space Coast to Ghost Coast?
(DBN)

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Economy:

Fed Balance Sheet Grows to Record Size
(DBN)

Economic Indicators: Things Aren't So Bad
(DBN)

Surprise! The big bad bailout is paying off
(DBN)

Debt Talks Turn to Social Security Cuts
(DBN)

Obama Gets Pushback From Liberals on Medicare, Social Security Cuts
(DBN)

Liberal Democrats furious at Obama
(DBN)

AARP in Turmoil Over Social Security's Future
(DBN)

Obama calls debt talks 'constructive,' invites parties to reconvene Sunday
(DBN)

Carney: No breakthrough in WH meeting
(DBN)

Bachmann’s First Ad: ‘I Will Not Vote to Increase the Debt Ceiling’
(DBN)

Obama Calls Sunday Debt Meetings As Sides Remain 'Far Apart'
(DBN)

Obama seeks broad deal on entitlements, tax code in debt talks
(DBN)

Buffett Blasts Washington for 'Silly' Game of 'Russian Roulette'
(DBN)

How the Bubble Destroyed the Middle Class
(DBN)

12 Ways We've Cut Back on Spending
(DBN)

Freight Index Hits Three Year high
(DBN)

QE2 Winners and Losers
(DBN)

Oil and gasoline prices on the rise again
(DBN)

Chained CPI: A Link To a Budget Deal?
(DBN)

The Collapse in Discretionary Spending
(DBN)

10 Hard Facts About the Recovery
(DBN)

New Yorkers More Glum About Economy
(DBN)

Global 500: The world's biggest companies
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Consumer Bureau Official: Mortgage Servicing Problems 'Pervasive and Profound'
(DBN)

OCC to release foreclosure review results without naming banks
(DBN)

Two lawmakers want one government enterprise for mortgage market liquidity
(DBN)

Home prices to slip more but dip to be less severe
(DBN)

Housing Horror Show Worse Than You Think
(DBN)

Jobless homeowners get a reprieve
(DBN)

Disaster relief company jumps into REO
(DBN)

Americans expect falling home prices and higher rental rates: Fannie Mae
(DBN)

Fed calls for uniform standards for mortgage servicers
(DBN)

Out-of-Work Architects Turn to Stalled Projects
(DBN)

HSBC Bank USA CEO may face sanctions in foreclosure
(DBN)

November 2005 Land Investors Files Bankruptcy in Las Vegas
(DBN)

Related pushing to become One Mad. sponsor
(DBN)

Small banks need a place at mortgage table: Bair
(DBN)

Bank Failures Continue With High CRE Concentrations, Report Finds
(DBN)

Park Highlands in bankruptcy again
(DBN)

MN: Developer Steve Hoyt in bankruptcy
(DBN)

Countrywide Wages Victorious Tranche Warfare Against Mortgage Debt Holders
(DBN)

Former IndyMac CEO in U.S. cross hairs for second time
(DBN)

Flow of Real Estate Capital Surges
(DBN)

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Consumer Finance:

Consumer Delinquencies Up in 1Q
(DBN)

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Municipalities:

JPMorgan to pay $228 million in muni case
(DBN)

Bill to stop Harrisburg bankruptcy sent to Pa. gov
(DBN)

CA: Local Government Bankruptcy Bill On Hold
(DBN)

PA Municipalities Further Challenged with Amendment of Financial Recovery Act
(DBN)

Minnesota Loses AAA Rating on Budget Problems
(DBN)

Upcoming city pacts hold key to Butler's financial survival
(DBN)

Alabama Seeks to Help County Avoid Bankruptcy Filing
(DBN)

Ohio: Leasing of Turnpike an Option
(DBN)

15 best new cities for business
(DBN)

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Home Decor:

Seller of Recalled Candle Fuel Burns in Chapter 11
(DBN)

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Mediation:

Mediating Disputes Arising Out of Troubled Companies—Do It Sooner Rather Than Later
(DBN)

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Religion:

Portland bankruptcy judge confirms $167.8 million Chapter 11 restructuring by the Northwest's Jesuits
(DBN)

Judge to decide on Del. diocese bankruptcy plan
(DBN)

Crystal Cathedral attracting multiple bids, including Catholic diocese
(DBN)

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Horses:

Second settlement reached in ClassicStar mare fraud case, for $2 million
(DBN)

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Autos:

Turkish Investors Negotiating To Save Electric Carmaker Think
(DBN)

Saab: No Car Production Until August
(DBN)

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Hotels:

River Road Hotel Lenders Chapter 11 Plan Confirmed by Bankruptcy Judge
(DBN)

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Apparel:

Boston Apparel Group remains in limbo after parent company files for bankruptcy
(DBN)

American Apparel gets $6M infusion from group of Canadian investors
(DBN)

______________

Tech:

Teltronics bankruptcy tale provides useful warning signals
(DBN)

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Accounting:

Accounting That Comes in Flavors
(DBN)

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New Bankruptcy Opinions
(1 new opinion 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)

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Miscellaneous:

Vitro, GSC, Scovill, Foreclosure, Three Filings: Bankruptcy
(DBN)

Rochelle on Acquisitions, Incomprehensible Bankruptcy Law
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

Final Rule on Living Wills to Come in the “Very Near Future”
(DBN)

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Video Rentals:

Blockbuster And The Nightmare Filing
(DBN)

Blockbuster: Please, Please Change Your Habits
(DBN)

______________

Lehman:

JPMorgan Reserves Right to Jury Trial in Lehman Lawsuit
(DBN)

______________

Sales:

Circuits Split Over Credit Bidding in Sales Under Chapter 11 Plans
(DBN)

______________

Ethanol:

Ethanol Subsidies May End by August
(DBN)

Ethanol Stocks Mixed on Impending Ethanol Subsidy Doom
(DBN)

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Insurance:

Wis. Insurance Commissioner Objects to Ambac Plan
(DBN)

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Corporate Reform:

Elizabeth Warren's Dream Becomes A Consumer Bureau She May Never Lead
(DBN)

Pick Warren already
(DBN)

Free Elizabeth Warren!
(DBN)

Families to get help from consumer bureau, military
(DBN)

Elizabeth Warren, Champion of Consumer Financial Protection
(DBN)

Bloomberg Businessweek (Accidentally?) Makes It Clear That Elizabeth Warren Critics Are Primarily Animated By Sexism
(DBN)

Questions On Warren's Role In Mortgage Talks Dominate Hearing
(DBN)

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Banking:

Wells Fargo to Pay $125M on Mortgage Securities
(DBN)

Settlement close in BankUnited Financial shareholder suit
(DBN)

Legal woes hit former bank chairman
(DBN)

Sheila Bair exits FDIC
(DBN)

FDIC's bank shot
(DBN)

Behind the Gentler Approach to Banks by U.S.
(DBN)

Chase Gets Man Thrown In Jail For Fraudulent Check. Except The Check Is Legit.
(DBN)

Billionaire Banker Andy Beal May Have Lost "Up To $50 Million" In Just Three Recent Poker Games
(DBN)

______________

Telecoms:

Nortel Debt Rises to Record Amid Speculation of Full Recovery
(DBN)

______________

IMF:

French court delays decision on whether to investigate new IMF chief Lagarde
(DBN)

No plans to drop DSK NY charges, no plea deal-source
(DBN)

Paris Prosecutors Open Sex Assault Investigation Of Dominique Strauss-Kahn
(DBN)

Tristane Banon Has "Hard Evidence" And Texts Against Dominique Strauss-Kahn
(DBN)

The 12 Weirdest Banker S-- Scandals Of All Time
(DBN)

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UK:

Appointment of Administrators - 7 July 2011
(DBN)

Winding Up Petitions - 7 July 2011
(DBN)

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EU:

Warren Buffett says Europe still faces significant financial problems
(DBN)

European Regulators Under Fire Over Bank Stress Tests
(DBN)

Farewell, European Union -- The Political World As We Know It Is Ending
(DBN)

The EU has only itself to blame for ratings mess
(DBN)

Europe threatens 'mad' ratings agencies
(DBN)

Coming events in the euro zone debt crisis
(DBN)

Euro Rises as ECB Signals More Rate Increases, Portugal Waiver
(DBN)

Moody's: 26 EU Banks May Need Support
(DBN)

European Banks Increasingly Angry Over Stress Tests
(DBN)

EU Central Bank Fights Defaults Everywhere
(DBN)

Euro Falls Amid Concern Debt Crisis Entering ‘More Acute Phase’
(DBN)

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Canada:

Future of Rue Frontenac in doubt
(DBN)

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PIGS:

Juncker: Rating Agencies Taking Unreasonable Steps On Debt Crisis
(DBN)

Juncker says wants European rating agency
(DBN)

Europe moves to check influence of rating agencies
(DBN)

Portugal Leads Rise in Sovereign Credit-Default Swaps to Record
(DBN)

Portugal Banks' Bad Loans To Jump After Accounting Change
(DBN)

ECB Moves to Protect Portugal's Banks
(DBN)

Fumbling Toward Default
(DBN)

Understanding the Universal Language of Insolvency
(DBN)

Banks, insurance companies seek private sector solution to Greek crisis
(DBN)

Balls Says Avoid Greece, Ireland, Portugal Bonds
(DBN)

Portugal , Spain Notes Fall as Trichet Fails to Buoy Sentiment
(DBN)

Hedge Funds Move Past Greece With Bets That Sovereign Debt Crisis Expands
(DBN)

When Credit Defaults are a Good Thing
(DBN)

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Japan:

Large Bankruptcies Up 1.5% On Year In June
(DBN)

______________

Kazakhstan:

Kazakhstan to Protect BTA Bank From Default, Wealth Fund Says
(DBN)

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Copyright 2011