October 27, 2011

The Daily Bankruptcy News

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Law:

DLA Piper Set to Hire Former Linklaters Managing Partner as Global Co-Chairman
(DBN)

Howrey Professional Fees Reach $3 Million as Trustee Steps In
(DBN)

Foreclosure King David Stern Beats Ethics Rap re Appeal Inaction; His Firm Handled the Case at Trial
(DBN)

Biglaw Perk Watch
(DBN)

When It Comes to Associates' Buying Power, Dallas Beats New York
(DBN)

In-House Views of SEC Regulation, Enforcement, and Reform
(DBN)

Gary Naftalis: Back in the Spotlight, Again
(DBN)

Firm brings in female quota for management roles in diversity push
(DBN)

Study Finds Disconnect Between Numbers and Narratives in Associate Job Reviews—But Only for Women
(DBN)

Because Sometimes You Just Need to Rap About the Law
(DBN)

First, Eat All the Lawyers
(DBN)

Portland Firm Tells Ex-Shareholders Full Repayment of Capital Must Wait
(DBN)

Job, Debt Prospects Causing Prospective Law Students to Think Twice
(DBN)

Siri for Lawyers -- How May I Help You?
(DBN)

Law school climate change
(DBN)

The bloom is coming off the rose for prospective law students
(DBN)

Obama’s ‘New’ Plans For Student Debt Are Not New In Any Way
(DBN)

Judge Disqualifies DA’s Office, Names 2 Lawyers Temporary Prosecutors in Runaway Grand Jury Case
(DBN)

Ex-Goldman Director Gupta, Cantor, Altria, Terra in Court News
(DBN)

The Dæmon Lover
(DBN)

Trial Lawyer Takes Plea, Gets 5-Year Probation in Alleged $1M Law Firm Theft From 49 Clients
(DBN)

Hells Angels Rumble At . . . Starbucks?
(DBN)

Cops: Man firebombs Taco Bell; Chalupas had 'too little meat'
(DBN)

Cutting-Edge Code Enforcement Program Uses Secret Citizen Volunteers to Issue Notices to Neighbors
(DBN)

Mom busted for caging sons in animal kennel
(DBN)

DA offered leniency for cash
(DBN)

______________

Judges:

Alan Stout appointed new bankruptcy court judge
(DBN)

Federal courthouse repair from broken pipe could cost $10 million
(DBN)

______________

Wall Street:

Markets surge after eurozone summit deal
(DBN)

Wall Street Throws A Party But No Customers Show Up
(DBN)

Occupy Rules: Use Only 'Gender-Neutral Pronouns'
(DBN)

Globalizing Occupy Wall Street: From Chile to Israel, Protests Erupt
(DBN)

The Main Stream Media's Fear of Occupy Wall Street
(DBN)

Visualizing the Rust Belt occupation
(DBN)

Arrested: 1 Ex-Goldman Director, 2511 Protesters
(DBN)

Cities Begin Cracking Down on ‘Occupy’ Protests
(DBN)

______________

Layoffs:

Peugeot Citroen to Fire 6,000 Workers
(DBN)

Facing hardship, jobless still say they have hope
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Hedge Funds:

S.E.C. Rule Lifts Lid on Hedge Funds
(DBN)

______________

Corporate Reform:

Why the SEC Won't Hunt Big Dogs
(DBN)

Is Rajat Gupta the Government's Big Fish?
(DBN)

Why Bankers Who Bilk Investors Out Of Billions Should Be Brought To Justice
(DBN)

Cheat Sheet: What’s Happened to the Big Players in the Financial Crisis
(DBN)

In Fight Against Securities Fraud, S.E.C. Sends Wrong Signal
(DBN - NY Times - Paywall Limit Possible)

In Florida, a White-Collar Sentence that Stings
(DBN)

Why Volcker Soured on His Own Rule
(DBN)

______________

Politics:

Elizabeth Warren stands by Occupy Wall Street
(DBN)

'Patronizing' for pols to take Occupy credit
(DBN)

Elizabeth Warren responds to Occupy comments ‎
(DBN)

Warren, The Voice Of Occupy Wall Street?
(DBN)

Brown stumps for cash in Texas
(DBN)

Paul Ryan Takes On Elizabeth Warren
(DBN)

Massachusetts Senate race will be first major test for Occupy protests
(DBN)

Elizabeth Warren Moderates Position On Occupy Wall Street ‎
(DBN)

Perry Looks Warily at Upcoming Debates
(DBN)

Rick Perry Calls His 'Birther' Comments About Obama a Joke
(DBN)

Student-Loan Relief Is Good Politics
(DBN)

Cain Touts Skills as Manager ; Ex-Aides Describe Chaos
(DBN)

Indicted Goldman exec was major Dem donor
(DBN)

______________

Tax:

IRS Rolls Out Alternative to Audits - Total Return
(DBN)

______________

Banking:

‘Incensed’ Moynihan Fights BofA Critics
(DBN)

Mr. Hoenig Goes to Washington
(DBN)

Bank race for capital to see pa , dividends cut
(DBN)

FDIC Treatment of Creditor Claims Under Orderly Liquidation
(DBN)

Capital-strapped community banks struggle to repay TARP
(DBN)

______________

Baseball:

LA Dodgers four-day bankruptcy hearing postponed
(DBN)

Could Dodgers bankruptcy delay lead to settlement?
(DBN)

Dodger TV rights hearing postponed, but to what end?
(DBN)

Dodgers, MLB Said to Agree to Restart Bankruptcy Settlement Negotiations
(DBN)

Trial postponement could lead to sale of Dodgers by Frank McCourt
(DBN)

Filings in Los Angeles Dodgers bankruptcy case show lawyers trying to sway public opinion
(DBN)

______________

Lehman:

With $160 billion support, Lehman sees bankruptcy end - ‘Optimistic’
(DBN)

Lehman Reaches Accord to Reduce Danske Bank's Bankruptcy Claim
(DBN)

______________

Food/Beverage:

Andronico's Markets appears to have buyer
(DBN)

H&H Bagels Final Plant Now Faces Eviction
(DBN)

______________

Hockey:

Blogger shows NHL kept Dallas Stars afloat
(DBN)

______________

Education:

College Prices Rise on Slashed State Budgets
(DBN)

______________

Orchestras:

Judge plans to approve Philadelphia Orchestra's labor deal
(DBN)

______________

Hotels:

Jameson Inns Affiliates File Bankruptcy in Fight With Colony
(DBN)

______________

Economy:

Study: Rich get a lot richer, outpace middle class
(DBN)

How the economic slowdown has changed consumer spending in America
(DBN)

Another Day, Another Strong Treasury Auction
(DBN)

It's Consumer Spending, Stupid
(DBN)

Hints of progress in effort to slash US deficit - Democrats present plan to save $2,500bn over 10 years
(DBN)

Super Committee Holds Public Session on Budget Cuts
(DBN)

Super Committee's Rifts Over Spending Cuts Visible
(DBN)

Supercommittee Flirts With Failure as November Deadline Nears
(DBN)

Lawmakers Pressure Deficit Panel
(DBN)

Hundreds line up, camp out for Section 8 housing
(DBN)

Many Boomers Staying Put in This Economy
(DBN)

Stiglitz: Government Stimulus too Feeble
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Freddie Mac CEO to resign, regulator says
(DBN)

Freddie Mac Replaces Chairman as CEO Haldeman Plans to Step Down
(DBN)

LPS 'happy with progress' toward AG settlement
(DBN)

Foreclosures: What State AGs Want from Banks
(DBN)

BK Cramdowns Back in Play
(DBN)

Global regulators map tougher home loan standards
(DBN)

Another effort to shore up the housing market
(DBN)

New US home sales rise as prices tumble
(DBN)

Underwater mortgages in Las Vegas sink even further
(DBN)

Breaching the Mortgage Contract: The Behavioral Economics of Strategic Default
(DBN)

Apartment Values, Rents Rise
(DBN)

Bankruptcy Court To Slice Off Real Estate from Giordano's Pizzeria
(DBN)

Glimmers of Housing Hope In Mortgage Applications Data
(DBN)

Special servicers resolve $63.5 billion of distressed CMBS
(DBN)

CRE faces long grind to recovery, new forecast says
(DBN)

_____________

Student Debt:

White House Student Loan Measures Will Barely Dent Soaring Costs
(DBN)

Clearing Up Some Confusion About the New Federal Student Loan Rules
(DBN)

A guide to Obama's student loan plan
(DBN)

Obama's moves pack political rather than economic heft
(DBN)

Obama offers life saver to college students drowning in debt
(DBN)

Student loan group lashes out at Obama proposals
(DBN)

Student loans: Some believe the government should make the debt disappear
(DBN)

______________

Solar:

Evergreen facility on auction block
(DBN)

SunPower: Twice As Bad As Solyndra, Twice As Bad For Obama
(DBN)

Solyndra investigation heats up with DOE interviews
(DBN)

House Dems to Republicans: What about nuclear loan guarantees?
(DBN)

California eyes solar path around Solyndra wreckage
(DBN)

The Dark Side Of Solar Energy
(DBN)

Clean-Energy Developers Reaped Excess U.S. Aid
(DBN)

Flip-flop: Romney fundraising from Solyndra
(DBN)

Mitt Romney and the Big Fat (Fake)Green Energy Scandal
(DBN)

Economic Slowdown Challenges Renewable Energy
(DBN)

______________

Debt Collection:

F.T.C . Claims Abusive Tactics by Two Debt Collection Firms
(DBN)

Debt collectors harassed consumers with violent threats, FTC says
(DBN)

______________

Retailing:

What happens if your local retail stores become a showroom for online stores to such an extent that it forces them out of business?
(DBN)

______________

Fraud:

Burns Says Gupta Defense Will Argue No `Quid Pro Quo'
(DBN)

No Clear Quid Pro Quo, No Problem
(DBN)

Gupta's best defense? Raj broke 'relationship of trust'
(DBN)

Indictment Suggests Business Dealings Are Gupta’s Motivation for Insider Tips Worth $23M
(DBN)

With Gupta's Arrest, Insider Inquiry Goes Beyond Wall St.
(DBN)

Gupta Case Built on Circumstantial Evidence May Help Defense
(DBN)

Government Lays Out Rajat Gupta’s Business Ties to Rajaratnam
(DBN)

A Stunning Fall From Grace for a Star Executive
(DBN)

Former Goldman Sachs Board Member Pleads Not Guilty In Fraud Case
(DBN)

Ex-Goldman director to be freed on $10 mn bail: judge
(DBN)

Prosecutors to Use Gupta Phone Records
(DBN)

Gupta arrest puts Corporate America on notice
(DBN)

The Challenges of Prosecuting Rajat Gupta
(DBN)

Rajat Gupta surrendered on Diwali, thinking 'Gods will protect him'
(DBN)

SEC takes another crack at Gupta (and Rajaratnam)
(DBN)

Why, Exactly, is Insider Trading Illegal?
(DBN)

Massachusetts charges BNY Mellon with forex fraud
(DBN)

Rajaratnam Seeks to Remain Free While Appealing Guilty Verdict
(DBN)

Ruth Madoff Says Couple Tried Suicide in 2008
(DBN)

Rakoff Asks Madoff Trustee to Explain Reason for 'Clawbacks'
(DBN)

______________

Broker-Dealers:

MF Global Bonds Wacked Amid Rating Firms’ Dour Views
(DBN)

Who Might Buy All or Parts of MF Global?
(DBN)

MF Global Tries to Assure Customers
(DBN)

Corzine's MF Enters Distress With 24% Yields
(DBN)

______________

Health Care:

Peninsula Hospital in New York Announces Layoffs Amid Restructuring
(DBN)

______________

Religion:

Crystal Cathedral to be used as college campus in bankruptcy deal
(DBN)

More Plaintiffs Added to Catholic Diocese
(DBN)

______________

Construction:

Electrical Firm Behind 9/11 ‘Tribute’ Seeks Bankruptcy Protection
(DBN)

______________

Hollywood:

Judge Rules ThinkFilm and Other David Bergstein-Run Companies Can Reorganize
(DBN)

______________

Pensions:

Fed's Twisted Effect on Corporate Pensions
(DBN)

______________

Golf:

Golf course files for bankruptcy
(DBN)

______________

Telecoms:

Nortel seeks to pay $4.4m bonuses to key US employees
(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)

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:

Lehman, Dodgers, Dallas Stars, AmTrust, Harrisburg
(DBN)

Rochelle on Madoff, Ambac, Paulson-Winthrop Resorts
(DBN)

______________

Bankruptcy Statistics:

Predicting the Next Chapter 11 Wave
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Turnarounds:

Cooley Partner Elected President of Turnaround Management Association
(DBN)

______________

Avoidance Actions:

Mass Preference Litigation Strategies and Pitfalls
(DBN)

______________

Plan Confirmation:

The Dangers of a Premature Plan Filing
(DBN)

______________

Insurance:

Ambac to delay hearing as IRS talks continue
(DBN)

______________

Telecoms:

Democrats call for investigation into bankrupt Open Range, federal loan recipient
(DBN)

______________

Autos:

UAW leaders recommend approval of Chrysler pact, despite split vote
(DBN)

Chrysler workers narrowly OK deal after dramatic split in vote
(DBN)

Ford's lackluster outlook disappoints
(DBN)

Romney urges probe of green auto loans
(DBN)

Peugeot Citroen Sales Lower On Supply Issues
(DBN)

No Patent, No Problem - Green Vehicles is bankrupt, but a bidding war over the company is heating up.
(DBN)

______________

Sales:

After Contentious Post-Auction Negotiations, Winning Bidder Seeks to Enforce Winning Bid, Borders Group Seeks to Replace it With New Bid
(DBN)

______________

Corporate Governance:

Kodak Lenders Send Board Letter on Fiduciary Duty in Asset Sale
(DBN)

Boards Aren't Fertile for CFOs
(DBN)

Number of female Fortune 500 CEOs at record high
(DBN)

Re-thinking the Role of the General Counsel in the Corporation
(DBN)

______________

Municipalities:

Are we headed toward a rash of local bankruptcies ?
(DBN)

Harrisburg Incinerator Operator Files Bankruptcy Objection
(DBN)

Harrisburg bankruptcy casts shadow to California
(DBN)

Exactly what assets does the City of Harrisburg own?
(DBN)

Harrisburg council members still hopeful
(DBN)

San Diego Unified School District Discusses Risk of Bankruptcy
(DBN)

'What if' scenario outlined in case of school district insolvency
(DBN)

Jefferson County plan to aid poor residents pay sewer bills draws derision
(DBN)

Troubled Camden tries to bring in new residents
(DBN)

______________

Aviation:

American's conference call does little to assuage bankruptcy fears
(DBN)

______________

UK:

BOE's Posen says QE size sensible
(DBN)

Lansley promises bail-out for debt-ridden hospitals
(DBN)

London to lose 27,000 City jobs in 2011
(DBN)

Winding Up Petitions - 26 October 2011
(DBN)

______________

EU:

Europe Agrees to Basics of Plan to Resolve Euro Crisis
(DBN)

Now for the hard work
(DBN)

Leaders Reach Deal for Banks to Take Loss on Greek Debt
(DBN)

Euro firm near 7-week high, EU deal stokes risk plays
(DBN)

Merkel: We should not take peace for granted
(DBN)

The Great Euro Rescue Gamble
(DBN)

Germans Back Bailout Fund as Rifts Persist in Euro Talks
(DBN)

Will US Be Drawn into Euro Bailout Fund?
(DBN)

EU Opts for Discredited Tools to Solve Crisis
(DBN)

Eurozone ‘Plan’ Weaker Even Than Pessimists Expected — Euro, Stocks Rally Anyway
(DBN)

Euro Zone Aims to Ramp Up Rescue Fund
(DBN)

Endless summits take a toll on tense EU leaders
(DBN)

China shows interest in sponsoring EU bail-outs
(DBN)

Sarkozy Said to Plan Plea to China for EU Fund
(DBN)

Europe's bailout can't succeed without an economic boom
(DBN)

Market Gives The Eurocrats A Pass For Failure
(DBN)

Stocks Surge on Europtimism, Better Earnings
(DBN)

How to Save Europe
(DBN)

______________

PIIGS:

Italian deputies in fist fight over reforms
(DBN)

Berlusconi held to the fire by EU partners
(DBN)

Nazi jokes, wrath at Germans highlight Greek despair
(DBN)

EU bids to slash Greek debt by third
(DBN)

Sarkozy, Merkel Said to Want to Meet Greece's Creditors
(DBN)

Greek PM to address the nation on Thursday
(DBN)

Papandreou Says Greece Will Nationalize Some Greek Bank Shares
(DBN)

Greek Debt CDS Triggers Likely
(DBN)

______________

Germany:

German armed forces to close dozens of military bases
(DBN)

______________

China:

China to Rescue the World
(DBN)

______________

Ukraine:

Secured Creditors Have Lost Certain Privileges Under Bankruptcy Law
(DBN)

______________

Iraq:

Where's the Billions We Sent to Iraq?
(DBN)

______________

Korea:

The Gravity of Koreans’ Debt
(DBN)

______________

MENA:

Egypt's Military to Maintain Control?
(DBN)

Economic Slump to Hit Arab Spring Countries
(DBN)

______________

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Copyright 2011