May 25, 2011

The Daily Bankruptcy News

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Law:

It’s The Jones Day Dress Code
(DBN)

At Well-Paying Law Firms, a Low-Paid Corner
(DBN)

Not on the Partner Track — and Maybe That’s Okay
(DBN)

BigLaw's Acceptance of Practice Support Lawyers: Ready for Primetime
(DBN)

Hogan Lovells increases trainee pay scales
(DBN)

Pepper Hamilton Hiring Partner: If Interview Hypo Scares You Off, This Isn't the Place for You
(DBN)

Getting Tough and Testy
(DBN)

What One Former Howrey Partner Made Last Year
(DBN)

Irving Picard will 'wind up being richer than' Bernie Madoff, says attorney for defrauded investors
(DBN)

White & Case Develops Educational Programs for Indian Law School
(DBN)

Three Firms Reprise Roles on Chrysler Refinancing
(DBN)

Attorney Paul Daugerdas Convicted in Tax Shelter Case
(DBN)

Small Firm Takes On High-Profile Financial Cases That Big Firms Won't
(DBN)

Hollywood Pit Bull Is Just Like Us
(DBN)

Tips for Summer Associates (Part 1)
(DBN)

Happy Birthday, Bob Dylan
(DBN)

$6.3M Settlement Wired to Marc Dreier Is Toast, Bankruptcy Judge Tells Ex-Lawyer's Ex-Client - News - ABA Journal
(DBN)

Now Hiring: SEC Has Glut of Attorney Jobs, Turns to Recruiter for Help
(DBN)

Call Me: A Firm's Hotline to Advice From Former General Counsel
(DBN)

Rates, Revenue & Profits Are Up for Law Firms
(DBN)

KEL asks judge to lift bankruptcy practice ban
(DBN)

Highland Capital, H&R Block, JPMorgan, BofA in Court News
(DBN)

‘Loser Pays’ Moves Closer to Becoming the Law in Texas
(DBN)

Texas Senate unanimously passes new version of loser-pays bill
(DBN)

Ex Chicago Mayor Richard Daley Has New University of Chicago Gig, Also Expected to Land Law Firm Job
(DBN)

Top US Supreme Court lawyer says WWII-era predecessor hid information on Japanese internment
(DBN)

Signing Up For, Or Objecting To, The BAR/BRI Class Action Settlement
(DBN)

Federal Suit Claims LSAT Discriminatory
(DBN)

It’s Hard Out Here for a Career Services Dean
(DBN)

Two Law Profs Discuss What They Are Planning To Do To Integrate Legal Skills Into Their Courses :))
(DBN)

Homeless Nonlawyer Accused of Seeking Legal Clients Through Parental Alienation Group
(DBN)

U.K. Gag Orders, Xinhua Finance, Virginia Health Case, Bawag in Court News
(DBN)

Attorney Who Was on 'Friday Night Lights' Football Team Suspended From Law Practice
(DBN)

Lawyer objects to attractive woman at trial table
(DBN)

Cops: Man fakes bankruptcy to get out of parking tickets
(DBN)

Facebook No Friend of Bank Robbery Suspects
(DBN)

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Judges:

International Insolvency Institute honours Hon. Burton R. Lifland
(DBN)

Tips for Law Students Interning for Judges This Summer
(DBN)

Justices Scalia and Thomas embrace the living Constitution
(DBN)

New Mexico Judges Draw Scrutiny
(DBN)

10th Circuit's Judge Tacha on Pay, Political Labels and Her Choice to Move On
(DBN)

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Wall Street:

Wall Street stock index futures point to drop
(DBN)

Asia stocks fall
(DBN)

Europe stocks lower
(DBN)

How the major stock indexes fared Tuesday
(DBN)

Goldman: Oil is going up! No wait, down! Up!
(DBN)

Goldman Playing Oil Like A Fiddle
(DBN)

Goldman, Morgan Stanley Big on Commodities
(DBN)

Some Wall Street Intern Salaries Hit $100K Per Year
(DBN)

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Layoffs:

Why the Rich Love Unemployment
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Oil/Gas:

Seahawk holders ask to sue former company owner
(DBN)

Seahawk Drilling Debtors File Joint Plan of Reorganization
(DBN)

Goldman says Brent crude will hit $130
(DBN)

House Dems Urge Limits on Oil Speculators
(DBN)

U.S. Commodity Regulator Sues Oil Traders
(DBN)

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Baseball:

Fred Wilpon says Mets are 'bleeding cash'
(DBN)

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Fraud:

Last Auction Features Madoff's Least Luxurious Belongings
(DBN)

Fred Wilpon: If we lose Madoff suit, we will sell Mets
(DBN)

On Tape, Goffer Calls Tips 'Too Valuable' To Sell
(DBN)

A Convicted Insider Trader Explains Why Lawyers Are Worse Tipsters Than Bankers
(DBN)

JPMorgan Ignored Madoff Fraud? That's Not For A Bankruptcy Court To Decide
(DBN)

Wall Street Fraud: Hidden in the Shadows
(DBN)

LDL: “Let’s Discuss Live”
(DBN)

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Gambling:

Trump Ent. eyes distressed casinos in other states
(DBN)

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Religion:

Appeal provision could derail Catholic Diocese of Wilmington bankruptcy settlement
(DBN)

Faith Christian files for bankruptcy
(DBN)

Attorneys in archdiocese bankruptcy seek to lift stay on pending civil cases
(DBN)

NY's obligation to abuse victims
(DBN)

End of the World Moved Back to October
(DBN)

Camping Spent $100M on Rapture Ads
(DBN)

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Celebs:

Gooden: Dykstra tried to "rescue" me from rehab
(DBN)

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Health Care:

More Solid Proof That Obamacare Is Working
(DBN)

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Student Debt:

Sallie Mae Makes a Surprising Comeback
(DBN)

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Education:

Business degrees yield big returns...for white men
(DBN)

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Auto Racing:

New Jersey Motorsports Park in Millville to emerge from bankruptcy in July
(DBN)

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Personal Finance:

Mom accused of killing kids filed for bankruptcy
(DBN)

Nasty tax surprise on retirement loans
(DBN)

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Video Rentals:

Blockbuster Canada to shut locations
(DBN)

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Resorts:

Plan has Peak on auction block
(DBN)

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Pensions:

Harry & David to Fight Regulator in Court Over Plan to Cancel Pension
(DBN)

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Economy:

Biden and lawmakers to reconvene deficit talks
(DBN)

Controversial "Clean" Debt Ceiling Vote Coming Up Next Week
(DBN)

Biden : New taxes needed as part of debt limit bill
(DBN)

Biden: $1 trillion spending cuts sought in talks
(DBN)

Billionaire's debt crusade finally center stage
(DBN)

OECD sees growth firm, but risks abounding
(DBN)

GAO: Stimulus contractors owe $750M in back taxes
(DBN)

The Complete History Of How The Economy Imploded, Improved, Faded And Then Finally Got Better
(DBN)

Why Bernanke will be forced to institute QE3
(DBN)

Bernanke May Resist 'Noah's Ark' Approach on Systemic Risk
(DBN)

USA comes up a bit short in global Better Life Index
(DBN)

Norquist Emerges as Barrier to U.S. Debt Deal
(DBN)

For 25% of retirees, savings are all gone
(DBN)

Social Security has a taxing problem, not a spending problem
(DBN)

Watch the policies, not the caps
(DBN)

Medicare overhaul proposal causing GOP stress
(DBN)

New York police deny Strauss-Kahn DNA report
(DBN)

Strauss-Kahn's pals bid to pay off woman's kin
(DBN)

The Maid's Family Doesn't Want DSK's Money
(DBN)

Evidence of Force May Hurt Strauss-Kahn Defense
(DBN)

Ahead of Lagarde bid, IMF factsheets
(DBN)

French Finance Minister Lagarde Bidding To Head IMF
(DBN)

Why Europe Can't Lose the IMF
(DBN)

BRIC Revolt At The IMF
(DBN)

The fraught politics facing Lagarde
(DBN)

AIG stock sale raises $8.7 billion
(DBN)

AIG Stock Sale: Taxpayers Win
(DBN)

Reckless Greed and the Financial Meltdown
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

New-home sales up for 2nd straight month
(DBN)

Maine High Court Overturns Foreclosure, Cites ‘Untrustworthy’ Paperwork
(DBN)

House subcommittee to hear testimony supporting GSE wind down
(DBN)

Architect Billings Index Slips Nearly 3 Points
(DBN)

Lawler: FDIC-insured institutions’ Real Estate Owned (REO) decrease in Q1
(DBN)

Seriously Delinquent Homeowners Undermine Hopes Of A Market Recovery
(DBN)

States to ask banks for larger mortgage settlement
(DBN)

Banks Face $17 Billion in Foreclosure Suits
(DBN)

State AGs Warn Banks of Suits if Foreclosure Settlement isn't Reached
(DBN)

Mortgage defaults do not predict poor credit behavior: TransUnion
(DBN)

Housing: A Reality Check
(DBN)

California: Families Double Up in Tough Times
(DBN)

Greenwich’s Priciest Homes Languish With Four Years of Supply
(DBN)

NY attorney general turns to bond insurers for info on banks
(DBN)

Ally Financial expands mortgage assistance to all Hardest Hit Fund states
(DBN)

B of A sees big response to 'hardest hit' programs
(DBN)

Fitch Expects CMBS Delinquency To Hit 12% This Year
(DBN)

S&P cuts Beazer outlook to negative on weak sales
(DBN)

Judge gives green light to Banning Lewis Ranch sale
(DBN)

Moody's: Commercial Real Estate Prices declined 4.2% in March, Hit new Post-Bubble Low
(DBN)

Bill that makes it a crime to damage a foreclosed home clears Senate
(DBN)

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Autos:

Chrysler Repays $5.1 Billion in US Loans
(DBN)

Obama: Chrysler loan repayment a 'milestone'
(DBN)

Chrysler Pays Back Billions in Bailout Loans: Is the Comeback Complete?
(DBN)

Chrysler CEO says there's still more to automaker's comeback
(DBN)

Ex-Michigan Gov. Jennifer Granholm rips GOP candidates for opposing auto industry loans
(DBN)

Romney and Democrats Spar Over Auto Bailout
(DBN)

Behind the bailout: 'Gangster government'
(DBN)

Refighting the Auto Industry Bailout Battle
(DBN - NY Times - Paywall Limit Possible)

SUVs saved Chrysler
(DBN)

General Motors Will Never Repay Taxpayers
(DBN)

Old General Motors to sell GM stock, warrants
(DBN)

______________

Tax:

Jackson Hewitt Tax Service Files for Bankruptcy After Loan Curb Push
(DBN)

UBS Client Avoids Jail With Three-Year Probation in Tax Case
(DBN)

______________

Banking:

Problem banks grow in the first quarter, FDIC says
(DBN)

WaMu Inches Closer to Exiting Bankruptcy
(DBN)

Bankrupt bank to become giant tax break
(DBN)

Banks Should Stick to Loans, Deposits: Hoenig
(DBN)

US banks still showing aversion to risk, chief Sheila Bair says
(DBN)

Switzerland Continues To Lose Its Status As The World's Safest Banking Center
(DBN)

US Financial Institutions Make Accounting Gain of $29 Billion
(DBN)

Court approves BofA's $ 410M overdraft settlement
(DBN)

As Bank Woes Ease, F.D.I.C. Fund Nears Positive Territory
(DBN - NY Times - Paywall Limit Possible)

______________

Financial Literacy:

Federal Reserve's Elizabeth Duke wants financial education in schools
(DBN)

______________

Nature:

Spillway flood could cost $2 billion
(DBN)

Joplin Is Devastated After The Deadliest Single Tornado In 60 Years
(DBN)

Insured losses in Joplin, Mo., tornado could reach $3B
(DBN)

More Tornadoes Sweep U.S. States
(DBN)

Cost of Texas drought climbing with each dry day
(DBN)

______________

Retailing:

Execs discuss Barnes & Noble offer
(DBN)

______________

Politics:

"Life, liberty and the pursuit of happiness"
(DBN)

Herman Cain’s Enron-esque Disaster
(DBN)

______________

Food/Beverage:

Pension issue may block Harry & David bankruptcy exit
(DBN)

______________

Cemeteries:

Chicago-area cemetery turned over to trustee
(DBN)

______________

Shipping:

The Operator Of The World's Largest Oil Tanker Fleet Gives Up On The Global Recovery
(DBN)

Container Leasing Surge Shows Global Economy Accelerating
(DBN)

______________

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)

______________

Miscellaneous:

Highview, Nortel, Colonial, Raser, IGP, Tubo, LTAP: Bankruptcy
(DBN)

Poll: Speculators Should See Same Recovery as Other Debt Holders
(DBN)

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Bankruptcy Reform:

Leahy introduces bill to fight creditor fraud in bankruptcy courts
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Lehman:

Lehman creditors want rivals to reveal holdings
(DBN)

Tab for Lehman Collapse Tops $1.2 Billion
(DBN)

______________

Insurance:

New York Fed to postpone Maiden Lane sales: sources
(DBN)

______________

Municipalities:

Illinois on Verge of Financial Disaster
(DBN)

The 20 Cities That Lost The Most In The Economic Downturn
(DBN)

Harrisburg Act 47 plan coordinator talks county sales tax, bankruptcy
(DBN)

City Of Oakland Debt Plans Point To Bankruptcy
(DBN)

______________

Corporate Reform:

Warren Called a Liar in House Hearing, as Rumors of Senate Run Emerge
(DBN)

Decorum Breaks Down at House Hearing
(DBN)

Warren Blasts CFPB Critics For 'False Claims'
(DBN)

House GOP, Warren Spar Over Consumer Bureau
(DBN)

Warren unable to soothe Hill critics
(DBN)

Why Are Republicans So Keen to Persecute Elizabeth Warren?
(DBN)

Consumer advocate Warren still in GOP sights
(DBN)

Elizabeth Warren for Senate' Movement Taking Off
(DBN)

Don't take the Senate bait, Elizabeth Warren
(DBN)

Bair urges Obama to name regulator nominees
(DBN)

CFPB Oversight
(DBN)

CFPB Oversight Compared with Other Regulators
(DBN)

There's A Change Coming
(DBN)

Why Obama should appoint Elizabeth Warren
(DBN)

Rep. McHenry Seeks More Oversight Of Consumer Bureau
(DBN)

Why Elizabeth Warren Scares Republicans
(DBN)

Senator Grassley Probes SEC's SAC Investigation
(DBN)

NY & California AGs Are Prosecuting Bank Fraud
(DBN)

Cheat Sheet on Bank Investigations and the Probes That Have Petered Out
(DBN)

SEC leased unneeded space in DC, watchdog report says
(DBN)

Former Treasury Restructuring Official Supports View That Dodd Frank Resolution is Failure Prone
(DBN)

______________

UK:

OECD cuts growth forecast for Britain
(DBN)

Two more Ulster housebuilders fail
(DBN)

Gazza bankruptcy case back in court
(DBN)

The Point of No Return: The English Appeal Court Interprets the Balance Sheet Test for Insolvency
(DBN)

British Banks Paid Bonuses Using Government Aid
(DBN - NY Times - Paywall Limit Possible)

Budget Deficit Widens to $16.1 Billion as Tax Receipts Fall on Slow Growth
(DBN)

HMRC to crackdown on VAT cheats
(DBN)

Appointment of Administrators - 24 May 2011
(DBN)

Winding Up Petitions - 24 May 2011
(DBN)

______________

EU:

Europe Battles to Contain Greek Crisis
(DBN)

______________

Germany:

German Consumer Confidence to Fall Third Month in June on Prices, Crisis
(DBN)

______________

PIGS:

Greek Opposition Turns Down Papandreou's Call for Unity
(DBN)

Greek PM says still seeking political consensus
(DBN)

Greece seeks new tranche from 110 billion euro loan
(DBN)

Greece must restructure
(DBN)

Greece will eventually restructure
(DBN)

Lorenzo Bini Smaghi vs Greece
(DBN)

CDS: Have You Seen the Little PIIGies . . .
(DBN)

Europe’s Spreading Infection
(DBN)

Italy is the elephant in the euro room, not Spain
(DBN)

Italy bank shares fall after negative S&P report
(DBN)

Suddenly, the world is realizing there's a revolution in Spain
(DBN)

Irish Banks Shed U.S. Loan Holdings
(DBN)

IE: Receiver appointed to Wallace properties
(DBN)

______________

Russia:

Russian court upholds Khodorkovsky conviction
(DBN)

Angry Words From Mikhail Khodorkovsky After Losing His Appeal
(DBN)

Goldman Finding Third Time in Russia a Charm as Blankfein Courts Kremlin
(DBN)

______________

Japan:

Tepco Says Fuel Rods Melted Down in Two More Reactors at Fukushima Plant
(DBN)

What Japan's Triple Meltdown Means
(DBN)

BOJ Signals Readiness to Boost Lending to Support Weak Economy
(DBN)

Japan power shortfall less dire than predicted
(DBN)

______________

Korea:

Kookmin, Korean Banks Form Fund to Buy Soured Property Loans
(DBN)

______________

MENA:

World Bank Will Lend Up to $6 Billion to Egypt, Tunisia Following Revolts
(DBN)

After revolt, Egyptians vent fury in litigation
(DBN)

______________

India:

FAQs: Indian Corporate Insolvency
(DBN)

______________

China:

100,000 Apartments Waiting To Be Sold In Beijing
(DBN)

______________

Iceland:

Why Iceland Isn't Just A Barren Rock
(DBN)

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Copyright 2011