June 20, 2011

The Daily Bankruptcy News

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Law:

Good News at O’Melveny & Myers
(DBN)

Stan Chesley stands to lose more than license
(DBN)

Delivering a Lawyer Within 15 Minutes (Soda Extra)
(DBN)

McCourts Reach Divorce Truce
(DBN)

David J. Stern and the "Too Much Mail" Defense?
(DBN)

BDO moves to recoup £21m property payout from ex-Halliwells partners
(DBN)

Legal Sector: Headed for Double Dip?
(DBN)

How Do Law Firms Score on the "10X Revenue Club" Metrics?
(DBN)

Hate Networking? Tough
(DBN)

What to Say and Do on a New Business Call
(DBN)

Does Dad Care About Work/Life Balance?
(DBN)

An Evening With Preet Bharara
(DBN)

MegaFirm Fails to Make Former Secretary's Charges Go Away
(DBN)

NY Staffers Sue MegaFirm Over Pay
(DBN)

Mark B. Joachim Joins LeClairRyan Bankruptcy Department
(DBN)

Could Thomas Jefferson School Of Law Actually Lose?
(DBN)

FTC Should Probe Law Schools’ Employment Stats, Recent Grad Asserts
(DBN)

College Grad Ditches Law School Plans to Play Major League Ball
(DBN)

State Bar Mentoring Program Aims to Help New Lawyers Acquire Skills to Build Solo Practices
(DBN)

Tucson’s Mexican-American Studies Program Sparks Tension
(DBN)

12 Ways to Write a Really Bad Brief
(DBN)

E-Discovery Fee Shifting?
(DBN)

Obama Overruled Attorneys on Libya War
(DBN)

White House Network: 6 Obama aides off to Harvard Law School
(DBN)

Mother Convicted of Spanking Own Child...'You don't spank children today,' Judge scolds
(DBN)

"The views are ancient. The experiences are all brand new."
(DBN)

The Price Of Gas - Attorney Sanctioned For Using Client's Gas Card
(DBN)

MBIA-BofA, Credit Suisse, Bayer, EIIB, Heineken, Microsoft in Court News
(DBN)

Police Nab Latte-Sipping Bank Robber`
(DBN)

I Eat Lunch with the Secretaries
(DBN)

Lawyer Responds to Kids’ Video Dissing His Daughter with Cease and Desist Letters, Lawsuit
(DBN)

Alternative Billing for the Modern Lawyer :))
(DBN)

Piercing Your Cat Will Not Make You Better at Being a Goth
(DBN)

Man Celebrates 21st Birthday By . . .
(DBN)

Is Pee Problem in Portland Reservoir a Crime? DA Must Decide
(DBN)

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Judges:

Judge Reprimanded for Yelling, Telling Litigant She Has No Clue What It Is to Be a Parent
(DBN)

An Ad-Libbing Kagan Admits Caffeine Will Help Lawyers Reading Her Baycol Opinion
(DBN)

Man Literally Sets Himself On Fire On The Courthouse Steps
(DBN)

Supreme Court to hand down final decisions before end of term
(DBN)

Friendship of Justice and Magnate Puts Focus on Ethics
(DBN)

S.F. Superior Says 25 Courtrooms to Close
(DBN)

Judge May Not Require Defendant To Attend Church As Condition Of Release
(DBN)

More Calls to Reform Pa.'s Judicial Conduct System
(DBN)

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Wall Street:

US stock index futures fall as Greek loan delayed
(DBN)

Stocks post first weekly gain since April
(DBN)

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Layoffs:

Jobless Rate Lower or Flat in Most States
(DBN)

Unemployment Fell in Less Than Half of States
(DBN)

Unemployment In Your State
(DBN)

Florida jobless rate drops again to 10.6 percent
(DBN)

The Culling of the Herd on the Street
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Widener Law analysis: Share pain or deal with bankruptcy
(DBN)

Controller Dan Miller: Report proves bankruptcy is Harrisburg's only option
(DBN)

Neil Grover: Recovery plan is war on taxpayers
(DBN)

For the sake of the city, the county and the region, adopt Act 47
(DBN)

US city turns to God for fiscal relief
(DBN)

Blame Game: Real fault on lack of solution lies with city officials
(DBN)

David Black of the Harrisburg Regional Chamber: Act 47 is definitive path to better future
(DBN)

City may file for bankruptcy over Covanta loans
(DBN)

Cash-hungry Harrisburg, Pa fasts for fiscal health
(DBN)

As Harrisburg goes, so does the region
(DBN)

Reading Mayor: Act 47 forced our city officials to cooperate
(DBN)

Moody’s sounds alarm on Rhode Island town
(DBN)

Governor mounting white horse for Jefferson County
(DBN)

Jefferson County sewer rates too high; file bankruptcy
(DBN)

Vallejo's recovery from bankruptcy could take years
(DBN)

What to Live Cheaply? Head to Texas
(DBN)

Many Cities Face a Long Wait for Jobs to Return
(DBN)

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Gambling:

Station Casinos Exits Bankruptcy After Almost Two Years in Chapter 11
(DBN)

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Glass:

Mexico's Vitro sells US stakes on way to bankruptcy
(DBN)

Vitro Sale to Sun Closes; Court Denies Motion for Million-Dollar Incentive Program
(DBN)

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Religion:

At troubled Crystal Cathedral, a tale of two ministries
(DBN)

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Gas Stations:

22 gas stations in bankruptcy court
(DBN)

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Bankruptcy Crimes:

Former Dawson Co. Clerk of Court pleads guilty
(DBN)

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Environmental:

RACER Trust Hails US Department of Energy Announcement
(DBN)

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Corporate Reform:

SEC mum on possible civil charges against ratings giants
(DBN)

Political battle could threaten centerpiece of financial reform
(DBN)

In Defense of Consumer Protection
(DBN)

The Soft Power of the Consumer Financial Protection Bureau
(DBN)

Republicans Try to Cut New Consumer Bureau's Funding
(DBN)

Did Elizabeth Warren lie to Congress?
(DBN)

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Freight:

Intermodal Traffic Hits 2011 High
(DBN)

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Consultants:

Interview with Bryan Marsal, Founder of Alvarez & Marsal and CEO of Lehman Brothers
(DBN)

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Student Debt:

The More Debt Students Have, The Higher Their Self Esteem?
(DBN)

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Economy:

Short debt limit hike possible: McConnell
(DBN)

How Miserable? Index Says the Worst in 28 Years
(DBN)

US Consumer Sentiment Worsens
(DBN)

Consumers, Business Turning Gloomy
(DBN)

Obama Won’t Say It, But Americans Are Corrupted
(DBN)

With executive pay, rich pull away from rest of America
(DBN)

Our Lost Decade Relationship
(DBN - NY Times - Paywall Limit Possible)

Here come downgrades for Q2 GDP growth
(DBN)

America flirts with a fate like Japan’s
(DBN)

Ron Paul: Federal Reserve's Addiction
(DBN)

No respite from high farm prices this decade
(DBN)

Rich Pull Away from the Rest of America
(DBN)

Michele Bachmann would knock 20,000 millionaires off tax rolls
(DBN)

Pawlenty's Tax Cuts For the Super Rich
(DBN)

IMF Warns on Growing Risks to World Economy
(DBN)

Shiller: Risk of a Double-Dip Recession ‘Substantial’
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

Legal analysts say MERS is down, but not completely out
(DBN)

More on Allonges
(DBN)

US Foreclosures: Kicking the Can Down the Road…
(DBN)

U.S. Home Sales Probably Fell to Year’s Low
(DBN)

Backlog of Cases Gives a Reprieve on Foreclosures
(DBN)

Florida Bar files complaint against David J. Stern over MERS case
(DBN)

More Dubious Research: “It Would Take 62 Years in New York to Repossess the Homes in Severe Default or Foreclosure”
(DBN)

Mortgage Modification Program Encourages Default?
(DBN)

Plaintiffs drop suit over huge Calif. land venture
(DBN)

MBS suit against Merrill Lynch gets class-action status
(DBN)

Mastro bankruptcy : diamond rings in the spotlight
(DBN)

Bass brothers lose round in $470 million Lake Las Vegas bankruptcy dispute
(DBN)

Beazer, others to settle claims on failed Nevada deal
(DBN)

Austin-area foreclosure postings down 23%
(DBN)

Delinquencies in commercial real estate CDOs slid to 14.1% in May
(DBN)

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Hotels:

Creditors pan Innkeepers' bankruptcy exit plan
(DBN)

Innkeepers Chapter 11 Plan Draws Objections From Midland, Lehman ALi
(DBN)

Innkeepers Preferred Shareholder One East Objects to Its Chapter 11 Plan
(DBN)

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Financial Privacy:

Data on 1.3 million customers stolen in SEGA attack
(DBN)

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Banking:

Georgia, Florida Banks Fail; 2011 Tally at 47
(DBN)

FDIC Close to Settlement with WaMu Execs
(DBN)

The Regulator Down the Hall
(DBN)

In Florida, Banking's Survivors Are Lending
(DBN)

Beached Bankers: More fun to make fun of than laid-off lawyers
(DBN)

Parsing banks’ exposure to Greece
(DBN)

34 Individuals File Pro Se Involuntary Chapter 11 Bankruptcy Petition Against Bank of America, N.A.
(DBN)

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Celebs:

'Real Housewives' Sonja Morgan 'Blindsided' After Bankruptcy Episode
(DBN)

Real Housewives' Sonja Morgan loses lawsuit, faces $7m debt
(DBN)

NY Housewife Sonja Morgan Heartbroken About Bankruptcy
(DBN)

'Real Housewives of New Jersey': Teresa Giudice mum on legal matters
(DBN)

'CHiPs' Actor -- I Graduated From Debt School!
(DBN)

Dykstra still fighting as jail walls close in on him
(DBN)

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Mass Torts:

Bankruptcy Court Issues Ruling on Pittsburgh Corning Reorganization Plan
(DBN)

Judge nixes third try at reorganizing Pittsburgh Corning
(DBN)

BP Wins a Big One in Oil Spill Litigation
(DBN)

Move over Madison County
(DBN)

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Food/Beverage:

Details emerge in Allen bankruptcy: Payroll problems, shift cuts
(DBN)

Allen workers' future uncertain
(DBN)

Citizen Apostolou
(DBN)

Landlord loses fight to block Superfresh bid
(DBN)

Why Do We Tip?
(DBN)

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Fraud:

SIPC backs Madoff trustee vs. Mets
(DBN)

Madoff trustee readies amended JPMorgan lawsuit
(DBN)

Philip Barry, 'Brooklyn's Madoff,' Sentenced For Ponzi Scheme
(DBN)

NY man gets 20 years for $24 million Ponzi scheme
(DBN)

Adelphia dissolution continues; another $82M paid to creditors
(DBN)

All China, All the Time
(DBN)

Former Colonial mortgage exec sentenced to 8 years in prison for TBW scheme
(DBN)

U.S. Fidelis Founders Facing Hard Time
(DBN)

Stanford Receiver Sues Libyan Fund for $55 Million Withdrawn
(DBN)

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Aviation:

Republic's Frontier Pilots Approve Cuts for Restructuring
(DBN)

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Distressed Investing:

Marks's Oaktree Files to Raise Up to $100 Million in IPO of Debt Investor
(DBN)

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Compensation:

Paychecks as Big as Tajikistan
(DBN)

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Non-Profits:

Post-Lehman Squeeze Still Felt as Fundraisers Cope With Smaller Donations
(DBN)

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Art:

Dead felon's missing art irks bankruptcy official
(DBN)

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Health Care:

California's Doctor's Medical Center Posts $15.5M Loss, May Declare Bankruptcy
(DBN)

Fees Top $26M in Forum's Chapter 11 Case
(DBN)

Not Wrong, Again
(DBN - NY Times - Paywall Limit Possible)

Most Illinois Specialists Won't Take Medicaid Patients
(DBN)

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Credit/Debit Cards:

How To Buy A Stolen Credit Card
(DBN)

______________

Tax:

Gordon Gekko’s Swiss Tax Haven Lures Rich From Emerging Markets
(DBN)

Jackson Hewitt unsecured creditor's committee appointed
(DBN)

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Retailing:

Borders to name bidder by July 1
(DBN)

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New Bankruptcy Opinions
(2 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)

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Miscellaneous:

Win Rudy’s Yankees Tickets!
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Sales:

Shop Rights – Court Imposes Notice and Due Process Rights for Even the Smallest of Transactions
(DBN)

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Insurance:

Ambac Says Accounting On $700M In Tax Refunds Was Proper
(DBN)

Whistle-blower rewards add to corporate woes
(DBN)

Few emulate Buffett's strategy on D&O
(DBN)

Corporate mergers create new targets for D&O
(DBN)

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Golf:

Judge approves sale of Bloody Point golf course
(DBN)

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IP:

Apple, Intel could raise ante in Google's play for Nortel Patents
(DBN)

Apple Bids for Nortel Networks Patents
(DBN)

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Horse Racing:

Creditor asks court to put Stonewall Farm founders into involuntary
(DBN)

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Fasteners:

Gores Group buys Scovill Fasteners
(DBN)

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Autos:

Saab Could be Forced into Bankruptcy Over Collections
(DBN)

Saab says no date set for production to restart
(DBN)

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Personal Finance:

Homeless Man Finds He is Rich
(DBN)

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Oil/Gas:

Oil Drops to Four-Month Low, Trades Below 200-Day Average on Europe Crisis
(DBN)

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Ethanol:

Yes, Let's Kill Ethanol Jobs
(DBN)

Ethanol grown up, will withstand subsidy loss
(DBN)

Soaring corn prices fuel hard times for ethanol makers
(DBN)

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Movies:

The 2-Minute Version Of "Too Big To Fail"
(DBN)

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Newspapers:

Ugly Details in Selling Newspapers
(DBN)

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Sovereigns:

It's not just Greece we should worry about - The problem is sovereign debt
(DBN)

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UK:

Middle Class is Much Worse Off
(DBN)

Uncertain times ahead for Southern Cross
(DBN)

D&O Insurers Be Wary
(DBN)

Winding Up Petitions - 17 June 2011
(DBN)

Appointment of Administrators - 17 June 2011
(DBN)

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EU:

Merkel faces backlash over Greek deal
(DBN)

National Lampoon's European Debt Crisis
(DBN)

El-Erian: Europe Is At Risk Of Wasting Billions More To Save Bondholders
(DBN)

Greek Default Would Spell 'Havoc' for European Banks a Year After Bailout
(DBN)

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PIIGS:

Europe Wrangles Over Greece
(DBN)

Deal on Lifeline to Avert Greek Bankruptcy Is Postponed
(DBN - NY Times - Paywall Limit Possible)

Citi says Greek debt may be contagious
(DBN)

Eurozone delays €12bn Greek aid programme
(DBN)

IMF, EU head to Greece, Athens grapples with cuts
(DBN)

PM Requests Renewed Vote of Confidence
(DBN)

Dealers warn on Greek CDS trigger manipulation
(DBN)

Syntagma Square on frontline of European austerity protests
(DBN)

Greece faces power outages due to austerity strike
(DBN)

Papandreou pleads for unity
(DBN)

Banks, Pension Funds Run Risk on Greek Plan, Wellink Tells NRC
(DBN)

Greek Debt Restructuring Off the Table: EU Official
(DBN)

Struggling to Stoke Economic Growth in Greece
(DBN)

Greek PM warns against default, Europe meets on aid
(DBN)

Greek Debt Bailout Could Affect the U.S. Economy
(DBN)

Europe May Withhold Half of Greek Payment
(DBN)

New Greek bailout comes with heavy price
(DBN)

Eurozone delay over Greek rescue risks spooking markets
(DBN)

Greek prime minister asks for opposition support
(DBN)

Greece: New Finance Minister Will Be as Unpopular as Predecessor
(DBN)

Boris Johnson: let Greece go bankrupt and leave the euro
(DBN)

In Greece, It's About Solidarity
(DBN)

Survey: Almost half of Greeks against savings measures
(DBN)

Moody's threat to downgrade Italian debt raises eurozone contagion fears
(DBN)

Why Spain Should Still Be Your Number One Eurozone Worry
(DBN)

Tens of Thousands Protest in Spain
(DBN)

Judge gives Quinn executive alert on self-incrimination
(DBN)

Swedish business owes just €129m to Anglo - Quinns
(DBN)

Further credit event ruling sought for Allied Irish
(DBN)

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New Zealand:

Lenders prepare for quake-hit residents to walk away
(DBN)

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Japan:

Japan's Radiation Clean Up Hits Glitch
(DBN)

Tepco Halts Water Filters at Japanese Nuclear Plant
(DBN - NY Times - Paywall Limit Possible)

Moody's Cuts Tepco to Junk
(DBN)

Japan more optimistic on economy, but trade disappoints
(DBN)

Failure Guru Probing Japan’s Nuclear Catastrophe for Lessons Not Culprits
(DBN)

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Korea:

S.Korea May business startup/failure ratio rises
(DBN)

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Afghanistan:

Afghanistan Nearly Bankrupt
(DBN)

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China:

Beijing's Strange Composure in the Face of Crises
(DBN)

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Copyright 2011