September 16, 2011

The Daily Bankruptcy News

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Law:

BigLaw Merger Would Create 3,500-Lawyer Firm
(DBN)

Harvey Miller: We need more regulation to curb global banks
(DBN)

After Wave of Departures, US BigLaw Firm Plans London Reboot and Hiring Surge
(DBN)

Welcoming the Newest Top-10 Law Firm Ranking
(DBN)

Trustee urges judge to tear up billings by lawyers for Dodgers
(DBN)

Weil Advises General Electric on $3.3 Billion Buffett Payback
(DBN)

Berry v. Kasowitz Benson: The Empire Strikes Back
(DBN)

Fla. Supreme Court Tackles Incivility with Revised Lawyer Oath
(DBN)

Foley Continues Expansion of Bankruptcy Practice With Addition of Erika Morabito
(DBN)

Kirkland & Ellis Names 74 New Partners
(DBN)

10th Circuit Suspends Lawyer for 'Meritless Contentions,' Says Prior Fines Didn't Deter Him
(DBN)

In-House: Interviewing To Retain Outside Counsel
(DBN)

Hill elected co-chair of CA state bar insolvency committee
(DBN)

Bankruptcy attorney rockin' more than just the courtroom
(DBN)

Lawyer’s Wife Can Sue Nixon Peabody Attorney re Claimed Injuries Due to Her Own Husband’s Fraud
(DBN)

A Surplus of ‘A Few Good Men’
(DBN - NY Times - Paywall Limit Possible)

Should Faking a Name on Facebook Be a Felony?
(DBN)

Squire Sanders Helps LeBron James Scuttle Ex-Am Law Associate's Paternity Claim
(DBN)

Is Any of This Law School Naming Rights Money Going Back to the Students?
(DBN)

Ten Things Every Law Student Should Know Before Starting at a Law Firm
(DBN)

Notre Dame Criminal Law Professor Accused of… Crime
(DBN)

Firm tells staff when they can have their babies
(DBN)

Reed Smith's CRM Success: Small Steps Now, Big Payoff Later
(DBN)

Firm mistakenly extends offer
(DBN)

Best (Or Perhaps Worst) Courtroom Entrance In The World
(DBN)

She quits law for fashion
(DBN)

Can We Talk?
(DBN)

Lawyer/----- donor finds life can get complicated
(DBN)

Ex-gal pals hit back at attorney's suit over nasty online comments
(DBN)

Class Action Takes on Traffic Tickets Issued for Flashing Your Lights to Warn of Speed Traps
(DBN)

Mug Shots (These Are A Bit Different)
(DBN)

The Richest Man Ever To Pose For A Mug Shot
(DBN)

Cue Panic Stations
(DBN)

Plain Meaning
(DBN)

Tom Tells of Frank’s Wild Years
(DBN)

Who's Your Daddy?
(DBN)

Is A Chicken A "Beast"?
(DBN)

How to Dress for the Home Office :)
(DBN)

Defendant Lawyer Calls His Own Attorney Unprepared in Criminal Court Spat and Says He Prays for Him
(DBN)

8-year-old girl arrested for punching vice principal
(DBN)

Casey Anthony ordered to pay $100,000 for police investigation into daughter's death
(DBN)

______________

Judges:

Judges to judges: stop sealing cases
(DBN)

Court Agency Needs $2,500 to Paint a Closet
(DBN)

Finger Pointed in Federal Courthouse Flood
(DBN)

Petition Claims State Farm Secretly Raised Millions for Ill. Justice Who Voted Its Way in $1B Case
(DBN)

Judge Expresses Outrage over Law Firm’s Threat to Fire Employee for Jury Service
(DBN)

______________

Wall Street:

Stock futures signal retreat on Wall Street
(DBN)

Stocks Post Solid Gains as Europe Situation Brightens
(DBN)

______________

Layoffs:

Unemployment Re-Emerges as Most Important Problem in U.S.
(DBN)

Uncle Sam doesn't want you
(DBN)

Recession Job Losers Take Bigger Hit to Future Earnings
(DBN)

Weekly Initial Unemployment Claims increased to 428,000
(DBN)

Wall Street employment up 1.4% vs year ago
(DBN)

Citigroup Says Hiring Cut to Critical Jobs Only Amid Slump
(DBN)

U.S. Job Creation on Downward Trajectory
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Mail:

Postal Service faces grim 'new reality'
(DBN)

US Postal Service Considers Closing Facilities to Save Money
(DBN)

Postal Service plan would cut 35,000 jobs
(DBN)

US Postal Service deliveries may get slower
(DBN)

USPS Wants to Halt Overnight Delivery
(DBN)

Postal Service Eyes 250 Processing Facilities For 'Consolidation Or Closure'
(DBN)

Postal Service plans to shutter nearly half its processing plants
(DBN)

You've Got Mail. Well, For Now, Anyway!
(DBN)

Legislation would give Postal Service 90 extra days to pay bills
(DBN)

Postal service considers retail options
(DBN)

______________

Food/Beverage:

Souper Salad, Grandy's restaurants in bankruptcy
(DBN)

______________

Lehman:

Fuld May Have a Story to Tell: Lehman's
(DBN)

3 years on, Lehman on path to exit bankruptcy - Harvey Miller says parties struck 'right chord'
(DBN)

Lehman goes after former broker bonuses; Wins third case
(DBN)

______________

Religion:

Hard times lead temple to file for bankruptcy, lose rabbi
(DBN)

Crystal Cathedral Sale Moves Forward
(DBN)

Navajo justices revive case alleging priest abuse
(DBN)

______________

Bankruptcy Crimes:

Fayetteville Man Indicted by Federal Grand Jury for Defrauding Colleges and Universities
(DBN)

Attorney charged with fraud, embezzlement from bankruptcy estates
(DBN)

______________

Health Care:

What's Happening With the St. Vincent's Redevelopment Right Now
(DBN)

Hospital fraudulently forced into bankruptcy, attorney says
(DBN)

Why Libertarianism isn't compatible with any sane notion of health care
(DBN)

California could pose problem for Obama's healthcare reform
(DBN)

Report: Romneycare Was a Jobs Killer
(DBN)

______________

Agriculture:

 Record Texas Drought Burning Cotton Farmers as Their ‘White Gold’ Withers
(DBN)

_____________

Corporate Reform:

SEC Officials Lawyering Up
(DBN)

SEC says it likely tossed some info on big banks
(DBN)

Consumers Be Damned: Senator Shelby, Captain Queeg and the Politics of No
(DBN)

SEC Officials Hire Lawyers Amid Ethics Scrutiny
(DBN)

Mortgage industry whistleblower wins case against Bank of America
(DBN)

______________

Credit/Debit Cards:

Card Debt Decreases; Credit Scores Fall
(DBN)

______________

Defaults:

Moody's: Global Corporate Default Rate at 1.8% in August ‎
(DBN)

______________

Tax:

12,000 tax cheats come clean under IRS program
(DBN)

Boehner: Get Ready for Tax Changes
(DBN)

______________

Media:

Should Media Lenders Feel Less Secure?
(DBN)

Nassau Broadcasting Faces Involuntary Bankruptcy in Delaware
(DBN)

Black Crow poised to exit Chapter 11
(DBN)

_____________

Warranties:

Mepco Fights Back in US Fidelis Tangle
(DBN)

______________

Orchestras:

Lawyers study Phila. Orchestra Association e-mails to see if some of endowment can be used in bankruptcy
(DBN)

______________

Gambling:

Judge OKs lower valuation for Majestic Star casinos
(DBN)

______________

Corporate Governance:

Creditors of Bankrupt LLCs Lack Standing to Sue Derivatively in Delaware
(DBN)

______________

Oil/Gas:

Goldman: US Top Oil Producer in 2017
(DBN)

______________

Hotels:

GVM Hotel Partners Buys Five Distressed Hotels for $30M
(DBN)

______________

Economy:

Consumer Prices, Jobless Claims Exceed Forecasts
(DBN)

Unemployment Claims in U.S. Unexpectedly Rise to Highest Level Since June
(DBN)

U.S. Consumer Confidence Holds at Year’s Second-Lowest Level, Index Shows
(DBN)

Upper-Income Americans' Economic Confidence Shaken
(DBN)

IMF chief urges action to safeguard world economy
(DBN)

IMF chief: Advanced economies crushed by debt
(DBN)

Nouriel Roubini: We're entering new recession, issue is how deep
(DBN)

Zandi sees 40% chance of another recession
(DBN)

US Economy Goes from Bad to Worse
(DBN)

World's central banks flood market with dollars
(DBN)

Government spending isn’t popular anywhere
(DBN)

Boehner to Call for Broad Reforms in Taxes, Entitlements
(DBN)

Study: Privatizing government doesn’t actually save money
(DBN)

Americans Favor Obama Jobs Plan by 45% to 32%
(DBN)

Philly Fed Manufacturing Index Improves, but Still Negative
(DBN)

NY Area Manufacturing Decline Accelerates
(DBN)

Will Washington try to fix the manufacturing crisis?
(DBN)

Boehner gives the government too much credit
(DBN)

Is the poverty rate even higher than we think?
(DBN)

Tracking Economic Recession and Recovery in the Largest 100 Metros
(DBN)

Obama to Exclude Social Security from Plan
(DBN)

Fixing the Economy: It's Boehner's Turn
(DBN)

5.9M Young Adults Back Living with Parents
(DBN)

Outsourcing costs U.S. government billions, study says
(DBN)

Book Details Dissension in Obama Economic Team
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

U.S. judge to solve puzzle of BofA mortgage removal
(DBN)

BofA Said to Keep Countrywide Bankruptcy as 'Nuclear Option'
(DBN)

Valley National seeks information on settlement with Bank of America
(DBN)

Issa launches probe of Fannie, BofA mortgage servicing deal
(DBN)

Mortgage default notices jump in August
(DBN)

JPMorgan’s EMC Sued for Repurchase of More Than 800 Mortgage Trust Loans
(DBN)

European debt fears push mortgage rates to record lows
(DBN)

BofA, JPMorgan Fail to Make Fannie Mae Grade for Loan Servicing
(DBN)

Key Democrat ‘encouraged’ by mortgage refi tweaks
(DBN)

CFPB's Raj Date: We got here one mortgage at a time
(DBN)

New Jersey Lifts Last State Ban On Foreclosures By Robo-Signers
(DBN)

RE/MAX: Annual home sales up 18%
(DBN)

The Las Vegas Real Estate Agent Who Sold 931 Homes Last Year
(DBN)

LA home values drop nearly $80B since 2008
(DBN)

AL: Huntsville foreclosure filings up 25% over year ago
(DBN)

California, Nevada, Arizona post top state foreclosure
(DBN
)

Stuck in Miami
(DBN)

Manhattan condo prices rose in June, remain under peak levels
(DBN)

Maryland foreclosures down 80% in August
(DBN)

Slew Of Foreclosed Homes To Hit The Market In Early 2012
(DBN)

Illinois launches mortgage assistance for unemployed
(DBN)

Alabama Supreme Court rules in favor of MERS
(DBN)

Government should convert REOs to rentals
(DBN)

_____________

Banking:

Rochelle on WaMu Bankruptcy Plan Failure
(DBN)

BofA cuts foretell a downturn in branch banking
(DBN)

Banking on BofA layoffs
(DBN)

Obama Ordered Geithner To Consider Dissolving Citigroup
(DBN)

Why Our Banks Still Aren't Fixed
(DBN)

A rogue trader at UBS or a rogue bank ?
(DBN)

The 2 Billion UBS Incident: 'Rogue Trader' My ---
(DBN)

UBS loss a boost for ringfencing fans
(DBN)

Links Between UBS, SocGen Trading Scandals
(DBN)

UBS Wealth Executive Reassures Advisers After Rogue Trades
(DBN)

Bonuses: UBS Employees "Just Got Sacked In The N---"
(DBN)

UBS $2 billion loss to trigger investment bank retreat
(DBN)

Rogue Traders: Just Be Glad You Don't Live In China
(DBN)

UBS Trader Gets No Miracle as Delta-One Loss Leads to Arrest
(DBN)

What We Know About The Alleged UBS Rogue Trader
(DBN)

Why Rogue Traders Get Jail, Bad Execs Receive Pensions
(DBN)

Arrest of UBS Trader Rattles Banks in Europe
(DBN)

When investment banks hire risk-takers
(DBN)

The can-kicking bank bailout
(DBN)

______________

Baseball:

Dodgers' Law Firms Should Have Fees Cut, U.S. Trustee Says
(DBN)

______________

Autos:

Marchionne slight leaves UAW's transplant drive in tatters
(DBN)

Does Chrysler CEO's letter signal troubled talks or is it just hissy fit?
(DBN)

______________

Solar:

Solyndra Bankruptcy Can't Stop First Solar From Bouncing Back To $135
(DBN)

Solyndra creditors committee includes fired worker
(DBN)

Obama Green Energy Program Focus of Solyndra Hearing
(DBN)

Obama Officials Blame Bush Administration in Solyndra Hearing
(DBN)

No, Bush Was Not Responsible For Solyndra
(DBN)

White House denies pushing Solyndra loan
(DBN)

Solyndra Gets More Scandalous
(DBN)

Solyndra's woes worried White House, emails show
(DBN)

Solyndra-White House relationship has digital legacy it can't escape
(DBN)

Read the Solyndra Emails Released at Yesterday's Congressional Hearing
(DBN)

Obama officials were worried about Solyndra bankruptcy in January
(DBN)

Read the Committee on Energy & Commerce's Sept. 14 Memorandum on Solyndra's Failure
(DBN)

Solyndra Lobbied White House for Solar Panels on U.S. Buildings
(DBN)

Several Big Unanswered Questions In The Solyndra Case
(DBN)

Carney: Obama Has Yet To Be Briefed On Solyndra Bankruptcy
(DBN)

Solyndra: 'Bad Bet or the Tip of the Iceberg?'
(DBN)

Solyndra's SEC filing contains a surprise
(DBN)

Obama Spokesman Defends Solyndra Loan Guarantee Process
(DBN)

Obama's Bets on Abound, SoloPower Cut Costs to Avoid Bankruptcy
(DBN)

How Well Did DOE Know Solyndra's Technology -- and Its Market Vulnerabilities?
(DBN - NY Times - Paywall Limit Possible)

Solyndra as lousy political theater
(DBN)

Solyndra Not Sole Firm To Hit Rock Bottom Despite Stimulus Funding
(DBN)

Why Solyndra's loan guarantees were in the stimulus bill
(DBN)

The Truth About Stimulus
(DBN)

Why We Can't Let Solyndra Failure Kill Support for Solar
(DBN)

Solyndra Under Investigation: A Timeline of Events
(DBN)

Bankruptcy Raises Questions About Federal Loan Guarantees
(DBN)

The price of progress: Some companies fail
(DBN)

WH Scrambles to Close 15 'Green' Loans
(DBN)

Solyndra's Loan Guarantee Was 3.4% of the DOE Solar Portfolio
(DBN)

W.H. emails reveal media obsessed Solyndra
(DBN)

More Solar Fun and Green Jobs Games
(DBN)

$38B "green jobs" loan program not giving much bang for buck
(DBN)

What’s Happening With That Solar Company Scandal? Here’s Our Guide on Solyndra
(DBN)

The Truth about Clean Energy Jobs
(DBN)

Solyndra not the only photovoltaic firm on the rocks
(DBN)

______________

Telecoms:

RIM earnings plummet by more than half
(DBN)

______________

Mass Transit:

Las Vegas Monorail Hearing Stalls
(DBN)

______________

Accounting:

Lawsuit Against SemGroup, PwC Over Failed Oil Futures Trades Back to Tulsa
(DBN)

______________

Student Debt:

Want a Real Economic Stimulus and Jobs Plan? Forgive Student Loan Debt!
(DBN)

______________

Hedge Funds:

Has John Paulson Lost His Touch?
(DBN)

______________

Debt Collection:

Lawsuit Against Debt Buyer, Law Firm Will Proceed
(DBN)

______________

Distressed Investing:

WaMu Plan Ruling Puts Distressed Investors on Notice
(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)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Fraud:

Hedge funds must continue to defend against suit by Madoff trustee
(DBN)

US agency handling of Madoff , other assets blasted
(DBN)

Madoffs on Madoff : Publisher Moves Up Release of Book
(DBN - NY Times - Paywall Limit Possible)

'Told ya so' documentary traces analyst's frustrating quest to stop fraudster
(DBN)

U.S. Can Seek Forfeiture of Madoff Proceeds
(DBN)

Amish investor charged with defrauding his community of millions of dollars
(DBN)

Ex-wife may recover assets tied to Ponzi scheme
(DBN)

SocGen says cooperating with DoJ over Stanford case
(DBN)

_____________

Insurance:

Court grants relief from automatic stay finding that coverage dispute is not a core proceeding
(DBN)

______________

Mass Torts:

US gets set to sanction BP, contractors for spill
(DBN)

Analysis: BP oil spill report may prompt $30 billion pay-out
(DBN)

BP Wins U.S. Dismissal of Some Investors’ Derivative Spill Suits
(DBN)

_____________

Celebs:

Is Michaele Salahi's Alleged Kidnapping Connected to Bankruptcy ?
(DBN)

Celebrities who filed for bankruptcy
(DBN)

Judge Tosses Suit by DC Lawyer Claiming to Be LeBron James’ Father
(DBN)

You’ve Got Half An Hour To Help Bail Out Lenny Dykstra And Own A Piece Of History
(DBN)

Bankrupt Tom Martino Fires Back At Critics
(DBN)

An NFL Star Who Once Signed A $55-Million Contract Is Now Flat Broke And Living With His Parents
(DBN)

______________

Education:

Three Utah men face felony charges over bankrupt flight school
(DBN)

For-Profit Lawsuits
(DBN)

Comparing the Default Numbers on Subprime Mortgages and For-Profit College Loans
(DBN)

Why are SAT scores hitting new lows?
(DBN)

______________

Municipalities:

Bankruptcy Talk Divides Rich and Poor of Jefferson County
(DBN)

JPMorgan Offers $750 Million in Concessions to Jefferson County
(DBN)

Jefferson County Makes Final Push To Avoid Largest-Ever Municipal Bankruptcy
(DBN)

Jefferson County Bankruptcy Pits Urban Sewer Users Against Wealthy Suburbs
(DBN)

Jefferson County President Says Lender Compromise Is Near
(DBN)

Judge rejects Boise County's bankruptcy filing
(DBN)

WA state facing $1.3B shortfall
(DBN)

NYC: These cuts sting
(DBN)

The Most Miserable Cities In America
(DBN)

______________

Hockey:

Stars bankruptcy filing now expected next week
(DBN)

Dallas Stars file for Chapter 11 protection in Delaware
(DBN)

Bankruptcy filing should lead to sale of Stars
(DBN)

Stars agree to sell team to Vancouver businessman Gaglardi
(DBN)

Dallas Stars NHL Franchise Files Chapter 11 Bankruptcy - Read the Disclosure Statement for its Prepackaged Plan of Reorganization
(DBN)

______________

Politics:

On Lehman Day, Elizabeth Warren Runs Against "Wall Street's Favorite"
(DBN)

6 Facts About Elizabeth Warren That Show Senate Candidate is One of Us ‎
(DBN)

Warren challenger calls on Senate hopeful to reject corporate donations
(DBN)

Warren launches US Senate campaign with Mass. tour
(DBN)

GOP Kind of Weirded Out by the Tea Party
(DBN)

TX: Poverty Figures Challenge Perry Job Record
(DBN)

Perry's ponzi pickle -- & our social in-security
(DBN)

Perry ‘Ponzi’ Remark Carries Risk by Pitting Old Against Young
(DBN)

A Ponzi scheme that must be saved
(DBN)

Perry uses disingenuous Tea Party rhetoric to attack major programs
(DBN)

Carville to Obama: Now It's Time to Panic
(DBN)

______________

Retailing:

Retail Forecasters See Rockier-than-Expected Recovery Over Next 12 Months
(DBN)

Borders assets raise $15.8 million at auction
(DBN)

_____________

Aviation:

Air Cargo Down as Comerica Mulls Recession Risk
(DBN)

______________

IP:

Barnes & Noble, others to buy Borders Group's intellectual property
(DBN)

Righthaven's House of Cards
(DBN)

______________

UK:

Europe, US face 10 years of slow growth-UK's Brown
(DBN)

Bail-in spectre threatens UK banks term funding
(DBN)

Justice committee fails to exempt insolvency from legal reforms
(DBN)

Retailers eye controversial pre-pack deals
(DBN)

Former Company Director Calls For Investigation Of Insolvency Practitioner
(DBN)

Banking reforms: Good fences - Britain’s experiment with a new sort of bank regulation is sensible—and useful for the wider world
(DBN)

Major Banking Reforms to Be Implemented in the UK … Eventually …
(DBN)

Winding Up Petitions - 15 September 2011
(DBN)

Appointment of Administrators - 15 September 2011
(DBN)

______________

EU:

EU Cuts GDP Forecasts, Says Economy May Approach ‘Standstill’ at Year End
(DBN)

Lagarde urges unified action against Europe crisis
(DBN)

China's help for Europe has a political price tag
(DBN)

Economists Put Even Odds on Euro Zone Breakup
(DBN)

Geithner presses euro zone to leverage bailout fund
(DBN)

Europe Tells Geithner To Take His Advice And Shove It
(DBN)

EU Needs Powers to Ban Financial Products
(DBN)

France's debt is now riskier than New York's or California's
(DBN)

European Banks Are 'Grossly Under-Capitalized,' Brown Says
(DBN)

German Taxpayers Want Equity in Bank Bailouts
(DBN)

Euro Ministers Spar on Collateral for Loans
(DBN)

______________

PIIGS:

Greece Is Showing 'Reform Fatigue': IMF Chief Lagarde
(DBN)

Lagarde Warns IMF Could Withhold Greek Loan
(DBN)

Greek cabinet discusses public sector cuts
(DBN)

Another Report About Greece Violating Its Bailout Agreement
(DBN)

Greece is heading toward default – but what kind?
(DBN)

Greece Needs to Default, Exit Euro Over Loan, Slovak Party Leader Says
(DBN)

What Next for Greece and for Europe?
(DBN)

Greece faces 4th year of recession, jobless surge
(DBN)

Austerity pressure grows on Irish coalition
(DBN)

Drumm may yet face Irish courts
(DBN)

ie: Select group of receivers earning up to €2m per year in fees
(DBN)

______________

Canada:

Distressed showdown at Arctic Glacier
(DBN)

Determining the centre of main interest in corporate group CCAA filings
(DBN)

Priszm gets court-approval for sale of 43 restaurants in Maritime provinces
(DBN)

______________

MENA:

Global set for another restructuring
(DBN)

Kuwait's Global seeks new debt deal from creditors
(DBN)

Trade creditors keen to sell Nakheel bonds
(DBN)

Cancelled and delayed projects in UAE increasing, report shows
(DBN)

Saudis May Buy Nukes from Pakistan
(DBN)

Saudi Central Bank: US, EU Worries Everyone
(DBN)

US Tells Americans, Get Out of Syria Now
(DBN)

______________

Hong Kong:

HK bankruptcy petitions rise 20.8 pct in Aug vs July
(DBN)

______________

Pakistan:

Pakistan Floods Destroy 1 Million Homes
(DBN)

______________

China:

Local Government Debt Is China’s Subprime
(DBN)

______________

Japan:

Tepco Compensation Rules Outrageous, Fukushima Evacuees Say
(DBN)

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