May 5, 2011

The Daily Bankruptcy News

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Law:

Growing Discontent at Kaye Scholer
(DBN)

Dead Firm Billing: Howrey Going to Keep Doing Business?
(DBN)

Howrey asks judge to throw out California bankruptcy proceedings
(DBN)

Former European Howrey Partners Find New Homes
(DBN)

King & Spalding's Reversal of Fortune
(DBN)

US law leaders shrug off tough market to hike profits by 8%
(DBN)

Allen & Overy launches redundancy talks ahead of offshoring
(DBN)

Links and Simmons lead on HMV but restructuring remains subdued
(DBN)

Grant & Eisenhofer Adds Former Hogan Lovells Partner Matthew Morris to Head Bankruptcy Litigation Practice
(DBN)

Three Firms Handling $1.1 Billion Innkeepers USA Bankruptcy Sale
(DBN)

The Why Law Firms? AmLaw 100 Analysis
(DBN)

Deutsche Bank, MetLife, HSBC, Rajaratnam, K1 in Court News
(DBN)

Recent Rulings Focus on Spoliation of ESI
(DBN)

Relief From Onerous Steps to Protect Expert Work Product
(DBN)

Using an iPad to recreate a scene in a deposition
(DBN)

Classic dress is popping up at law firms all over the city
(DBN)

Lost Decade - Over, now it's what lawyers make it
(DBN)

Lawyers as Whistleblowers
(DBN)

Funeral for a Partner
(DBN)

Lawyer of the Day: Sucker-Punched D.A. Puts Criminal In The Hospital
(DBN)

Law Revue Video Contest: Dishonorable Mentions
(DBN)

A Step-by-Step Interview Guide for Law Students
(DBN)

Student goes insane during Con Law Final, Dies from “Overstudy”
(DBN)

When Should You Start Your Own Firm?
(DBN)

Teacher Mocks Muslim Student After Osama Bin Laden's Death, Says 'I Bet You're Grieving'
(DBN)

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Judges:

Justice Stevens Hits Immunity Ruling, Calls on Congress to Change the Result
(DBN)

Dissenting in Water Rights Case, Justice Scalia Renames the People of Wyoming
(DBN)

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Wall Street:

US stock index futures inch higher
(DBN)

Weaker banks push European shares to 2-week lows
(DBN)

SEC Requests Comment on Increased Disclosure for Short Sellers
(DBN)

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Layoffs:

States to Tax Businesses to Shore Up Unemployment Insurance
(DBN)

ADP: Private firms add 179,000 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

The Anti-Consumer Agenda
(DBN)

Proposed bills aim to weaken agency, consumer advocates say
(DBN)

Rep. Spencer Bachus: CFPB repeal effort is about stopping Elizabeth Warren
(DBN)

GOP House Blocks Bid To Name Elizabeth Warren Head of Agency
(DBN)

Dodd-Frank Rulemaking Delays: Bad, and Likely to Get Worse
(DBN)

House GOP advances bills curbing Consumer Bureau
(DBN)

Elizabeth Warren Remains On Short List To Head Consumer Protection Bureau
(DBN)

Nominate Elizabeth Warren
(DBN)

If Liz Warren Gets the Nod, She'll Have Osama bin Laden to Thank
(DBN)

When will the Fed start caring about bank regulation?
(DBN)

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Municipalities:

California's Nightmare Budget
(DBN)

UBS to Pay $160 Million to Settle Bid-Rigging Claims
(DBN - NY Times - Paywall Limit Possible)

Providence Budget Crisis
(DBN)

Municipal Bankruptcy Bill Draws Ire of Local Government Organizations
(DBN)

Still lousy, bankruptcy bill back
(DBN)

Meredith Whitney Doubles Down On Her Call For An Epic Muni Catastrophe
(DBN)

47% of Detroiters can't read
(DBN)

Tiny Towns Spend Big Bucks on Lobbyists to Reap Federal Government Riches
(DBN)

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Directories:

Caribe Accused by Noteholders of Wrongly Moving $44 Million to Affiliate
(DBN)

Caribe Lenders Seek Return of $44.2 Million in Bankruptcy
(DBN)

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Baseball:

Dodgers Insolvency May Be The Yankees Gain
(DBN)

______________

Banking:

FDIC report clears small banks of faux pas in foreclosures
(DBN)

LA lawsuit claims Deutsche Bank is 'slumlord'
(DBN)

Charges, rising costs hit Societe Generale results
(DBN)

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Video Games:

The Fight For Mortal Kombat Exits Bankruptcy As Part of Midway Games Sale
(DBN)

______________

Retailing:

Metropark Files Bankruptcy
(DBN)

Borders CEO Mike Edwards: 'We are here fighting to the end'
(DBN)

______________

Economy:

Job numbers disappoint
(DBN)

About 1 in 7 in U.S. Receive Food Stamps
(DBN)

Fed’s Rosengren Says U.S. Job Growth Too Slow to Remove Stimulus Program
(DBN)

Moment of Falsehood
(DBN - NY Times - Paywall Limit Possible)

St. Louis Fed Blames Gasoline for Inflation Swings
(DBN)

Barney Frank Tries to Restructure the Fed
(DBN)

Debt Ceiling Has Some Give, Until Roof Falls In
(DBN)

The coming millionaire boom
(DBN)

Economic Struggles Are Prolonged With Central Banks In a Box
(DBN)

Goldman Is Quietly Freaking Out About The Volcker Rule
(DBN)

Osama bin Laden and National Bankruptcy
(DBN)

More Americans raiding their nest eggs
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

Bailout Recipients
(DBN)

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Real Estate:

The Loving and Merciful Act of Foreclosure
(DBN)

Jamie Dimon Says Banks Are Being Nice to You When They Take Your House
(DBN)

Fla. Judge Changes Mind, Won't Hold Ben-Ezra Firm in Contempt, But Imposes $13K in Sanctions
(DBN)

LPS rolls out consent-order solution for mortgage servicers
(DBN)

Here's What A World Without Subprime Loans Looks Like
(DBN)

Clear Capital: Home prices double-dip into 'uncharted territory'
(DBN)

BofA, Wells Fargo Lenders Challenged on Mortgage Papers in North Carolina
(DBN)

Realty Executives will emerge stronger, its owner says
(DBN)

Foreclosure Crisis Pushing Bank Limits: FDIC
(DBN)

Deutsche Bank Sued by Los Angeles Over Foreclosed Properties, Evictions
(DBN)

FDIC study blames mortgage servicing mess on big banks
(DBN)

Freddie Mac turns a profit in 1Q
(DBN)

CMBS delinquencies experience historic jump
(DBN)

Pummeled Phoenix housing market may be flattening
(DBN)

Las Vegas distressed home sales hit another five year high
(DBN)

SF protesters slam foreclosure
(DBN)

Mastro bankruptcy : dinners and diamonds
(DBN)

Martin Marietta Materials: Residential end-use market volume grew 15% YoY
(DBN)

_____________

Newspapers:

Circulation data a mixed bag for US newspapers
(DBN)

______________

Bankruptcy Crimes:

ND cattle buyer sentenced to 11 years in prison for bank, bankruptcy fraud
(DBN)

______________

Consumer Finance:

It Is All Clear Now
(DBN)

______________

Telecoms:

Terrestar Networks Can Sell Assets at Auction, Bankruptcy
(DBN)

______________

Celebs:

Braxton Talks Bankruptcy
(DBN)

______________

Tech:

Spansion Agrees To Buy Silver Lake Bankruptcy Claims For $29 Million
(DBN)

______________

Hotels:

Ritz-Carlton Hotel at Colorado's Beaver Creek Ski Resort In Foreclosure
(DBN)

Cerberus, Chatham Team Up on Winning Bids for Innkeepers USA
(DBN)

______________

Crime:

The Economics Of Illegal Drugs
(DBN)

______________

Gambling:

Indicted poker websites bound for bankruptcy
(DBN)

______________

Hockey:

NHL covers its bottom line with cash from Coyotes' home town
(DBN)

The end of Coyotes saga could be near
(DBN)

______________

Recording Industry:

Freddie Records, top Tejano music label, files bankruptcy
(DBN)

______________

Orchestras:

Orchestra unlikely to save by returning to Academy
(DBN)

Symphonies going silent
(DBN)

______________

Golf:

Dominion Club case heads to mediation
(DBN)

______________

Distressed Investing:

Cantor Fitzgerald Expands High-Yield, Distressed Practices
(DBN)

______________

Accounting:

PricewaterhouseCoopers Reaches $25.5 Million Settlement With Satyam Securities
(DBN)

______________

Radio:

Atlantic Broadcasting Sells 5 Stations for $4 Million
(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:

Madoff, Vitro, Viceroy, Clean Burn, Forum Health: Bankruptcy
(DBN)

Innkeepers, Caribe, Inverness, Cordia, Vitro, WaMu, Berkline: Bankruptcy
(DBN)

K1's Kiener, Lloyds Sales, Focus DIY, Keydata Probe: European Bankruptcy
(DBN)

______________

Trustees:

Former bankruptcy receiver Marika Tolz to plead guilty
(DBN)

______________

Bankruptcy Poetry:

Sbarro
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy filings drop in Minnesota, US
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Fraud:

Trustee for Liquidation of Bernard L. Madoff Investment Securities Files Motion to Allocate Recovered Monies to the BLMIS Customer Fund and Return Stolen Funds to Customers
(DBN)

Madoff Trustee Picard Allots $2.6 Billion to Fund for Ponzi Scheme Payouts
(DBN)

Madoff's family knew nothing of ponzi
(DBN)

HSBC Seeks Dismissal of Madoff Trustee Lawsuit, Cites $1 Billion in Losses
(DBN)

Madoff Trustee to Start Paying Out Funds
(DBN)

How Madoff cast his spell
(DBN)

At Galleon, Calm in the Face of Market Turmoil
(DBN - NY Times - Paywall Limit Possible)

Already The New Raj Juror Is Giving A Hint About Which Way The Jury Is Leaning
(DBN)

Will Raj Get Convicted On Crutches?
(DBN)

Meet The New Juror Deciding Raj's Fate: A Leather-Wearing Minister In Training
(DBN)

Who Did Raj Call "A Really Trashy Little Girl"
(DBN)

Back to Square One for the Raj Rajaratnam Jury
(DBN)

Have lying mortgage bankers met their match?
(DBN)

Five former Brooke execs settle SEC fraud charges
(DBN)

Fraud charges settled in Brooke Corp. case, "Enron of Insurance"
(DBN)

9 Charged in Stock Manipulation Scheme
(DBN)

Waxenberg receivership winding down
(DBN)

Accountant pleads guilty in Madoff-style Stamford ponzi
(DBN)

Lawyer accused in $52 million Ponzi scheme
(DBN)

Pollution credit swaps contested in swindler's bankruptcy
(DBN)

______________

Pigeons:

Pigeon King case postponed again
(DBN)

_____________

Autos:

GM's Q1 profit to more than double
(DBN)

GM’s First Quarter May Be Most Profitable in 11 Years
(DBN)

______________

Insurance:

Appellate judge orders NY Insurance Dept. to turn over MBIA-related emails
(DBN)

______________

Health Care:

County commission advances hospital funding plan
(DBN)

______________

UK:

BOE Holds Interest Rate at 0.5% on Signs Recovery Is Fading
(DBN)

Credit card interest rates hit 13-year high, analysis shows
(DBN)

Have we seen the worst for individual insolvencies?
(DBN)

E&Y administrators called to Focus DIY
(DBN)

Bank and finance debt top business distress index
(DBN)

Appointment of Administrators - 4 May 2011
(DBN)

Winding Up Petitions - 4 May 2011
(DBN)

______________

EU:

Euribor rates hit fresh 2-yr highs ahead of ECB meeting
(DBN)

Economist: EU Should Accept the Possibility of Default
(DBN)

______________

Italy:

Parmalat founder's jail sentence reduced to eight years
(DBN)

______________

PIIGS:

Bundesbank Head Wants Investors To Cover Crisis Costs
(DBN)

Why politics could speed up Greece's debt restructuring
(DBN)

Greece Should Shun Government Debt Restructuring, Premier’s Adviser Says
(DBN)

IE: Personal bankruptcy reform planned
(DBN)

Portugal bailout terms severe, EU says
(DBN)

Portugal warned about ‘deep recession’
(DBN)

______________

MENA:

Dubai World 'can't afford to default', says Sheikh Ahmed
(DBN)

______________

Australia:

Australia’s Retail Sales Unexpectedly Drop
(DBN)

______________

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Copyright 2011