September 30, 2011

The Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Law:

Chief Legal Officers' Compensation Up 15.5 Percent
(DBN)

Making Partner Gets Tougher
(DBN)

2011 Summer Associates Survey: Rational Exuberance?
(DBN)

TARP Watchdog Snaps at Four Am Law Firms' Billing Practices
(DBN)

Holland & Knight Gives Out Fall Bonuses — Mainly Because They Didn’t Get the Memo Last Spring
(DBN)

Are The 1Ls Actually Dumber This Year?
(DBN)

Legal software: Automation could kill lawyers. Why that's good for everyone else.
(DBN)

The Biggest Law Firms in the World: Meet the Global 100
(DBN)

There’s No Place Like Home
(DBN)

Firm sues unknown impersonators of one of its lawyers
(DBN)

Quitting Law To Stay Home--Is That Your Choice?
(DBN)

Diversity Digest: Up Through the Ranks
(DBN)

Diversity Digest: A Slower Advance
(DBN)

The Rule of Equal Dignity
(DBN)

7 Reasons You Should NOT Create Video to Market Your Law Firm
(DBN)

Efficiency?? Apparently Not In Law Firms
(DBN)

Boeing, Madoff, HSBC, Fortescue, Total, BofA in Court News
(DBN)

Madoff, Goldman, HSBC, SunTrust, Google in Court News
(DBN)

In a first, New York sanctions doctor-lawyer collaboration
(DBN)

Illinois Law Restates Its Numbers: The Deception is Deeper Than We Thought
(DBN)

US News Won’t Recalibrate Law School Rankings Despite Word of More U of Illinois Data Errors
(DBN)

Kirkland & Ellis pledges $2.75 million to Stanford Law School
(DBN)

Squire Sanders runs birth control policy for staff
(DBN)

Liability Without Culpability: A Deeply Troublesome Trend
(DBN)

Miami Criminal Law Professor Accused of Violating Criminal Law — Again
(DBN)

Alabama Immigration Law Survives Lawsuits
(DBN)

LA Judge Lectures Lawyers in Somewhat ‘Shambolic’ Manslaughter Trial of Michael Jackson’s Doc
(DBN)

When Legal Sense Trumps Practical Sense
(DBN)

Amanda Knox lawyers make final arguments
(DBN)

Fleeing driver calls police to tell them to stop chasing him
(DBN)

‘Zion curtain’
(DBN)

Shoe Applied to Revive Witness
(DBN)

Police arrest robbery suspect armed with pink bat
(DBN)

What Century Are We In? Still Mistaken for Court Reporters, Women Lawyers Need to Speak Up, One Says
(DBN)

______________

Judges:

The Coming SCOTUS Term: What’s In It For Business?
(DBN)

An underfunded court system weakens the economy as well as access to justice
(DBN)

Condemned Inmate Evokes Sympathy From Justice Breyer
(DBN)

Gov’t Asks Fed’l Judge to Vacate Guilty Plea of Ga. Judge to Honest Services Fraud Conspiracy
(DBN)

Judge Busted
(DBN)

Judge May Not Volunteer As "Servant" In Non-Profit Fundraising
(DBN)

Report: Wis. justices to focus on camaraderie
(DBN)

______________

Wall Street:

Futures signal weaker open for US equities
(DBN)

Stocks Finish Mixed as Nasdaq Slumps
(DBN)

Wall Street Now Home to Protest Campground
(DBN)

Occupy Wall Street vs. the banksters
(DBN)

Occupy Wall Street protesters are behaving like a bunch of spoiled brats
(DBN)

Officer's Pepper-Spraying of Protesters Is Under Investigation
(DBN)

The Anti-Wall Street Protesters' Best Friend: Ray Kelly
(DBN)

Wall St. Protest: Why Bankers Owe America
(DBN)

______________

Layoffs:

Job Losses Across the Developed World
(DBN)

US CEOs See Less Hiring in Future
(DBN)

Jobless claims drop to lowest level since April
(DBN)

Labor Department Releases Revisions to Prior Jobs Estimates
(DBN)

Web Searches Cut Unemployment Duration by 25%
(DBN)

Want a job for the holidays? Start looking now
(DBN)

Stagnant US Jobs Market Doesn't Bode Well
(DBN)

Why big business needs unemployment benefits
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Pensions:

Federal Retirement Plans Deep in Red
(DBN)

______________

Video Rentals:

Netflix Selloff 2: Red, White and Bleeding
(DBN)

______________

Pharma:

Graceway Pharmaceuticals Files For Chapter 11 Bankruptcy
(DBN)

______________

Food/Beverage:

Papa John's franchise owner declares bankruptcy
(DBN)

Papa John's franchisee bankruptcy stalls paychecks at restaurants
(DBN)

Friendly's chain close to bankruptcy
(DBN)

______________

Health Care:

Company that wants to buy Hoboken s hospital says mayor misrepresented them by releasing outdated proposal to the public
(DBN)

Officials: Owners of Bayonne Medical Center are most viable buyers for HUMC
(DBN)

Zimmer, P3 president discuss consultation firm's bid on Hoboken University Medical Center
(DBN)

Hospital bankruptcy hearing moved to Oct 4 BMC owners spent 350K to lobby Trenton politicos report says
(DBN)

Boomers in for Retirement Health Care Shock
(DBN)

______________

Hotels:

Saratoga Downtowner files for bankruptcy
(DBN)

______________

Autos:

US September Auto Sales Seen Up 9%
(DBN)

S&P Raises GM's Debt Rating
(DBN)

A Sadder, Wiser Auto Union
(DBN)

Chrysler Investor Admits Idiot Deal
(DBN)

Toyota, Honda Return to Full Production
(DBN)

Toyota-Honda Rebound Ignites Call of ‘What Recession?’
(DBN)

Saab's Owner In New Deal To Sell Sports Car Unit
(DBN)

______________

Lehman:

Lehman Says Creditors With $140 Billion in Claims Support Liquidation Plan
(DBN)

Lehman bankruptcy payout plan gains momentum
(DBN)

Why Lehman May Be a Long , Slow Train Ride
(DBN)

______________

Orchestras:

Philadelphia Orchestra Association seeks loan during bankruptcy
(DBN)

______________

Gambling:

Hooters Casino Disputes Creditor Claims
(DBN)

Up to 600 jobs at risk as poker firm licence withdrawn
(DBN)

______________

Economy:

Bernanke says Fed would act if inflation falls
(DBN)

US CEOs view of economy worsens
(DBN)

Why Fed's Zero Percent Interest Isn't Working
(DBN)

Data Points Away From Another Recession
(DBN)

U.S. Data Better, but Let’s Get Real
(DBN)

Goldman: 40% Chance of Great Stagnation
(DBN)

Jobless Claims in U.S. Drop on Seasonal Adjustment Issues
(DBN)

Consumer Discretionary: More Dropping Than Shopping
(DBN)

Need a New Car? Become a U.S. Marshal
(DBN)

U.S. watchdog finds TARP paid questionable legal fees
(DBN)

U.S. Decries Salaries, Staffing in New UN Budget
(DBN)

Obama's Buffett Rule Backed by 63% Investors
(DBN)

Economists: Obama Jobs Plan Would Work
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Del. AG objects to $8.5B Bank of America settlement
(DBN)

Fixed mortgage rates fall to record lows
(DBN)

30-year fixed mortgage rates move up after reaching record lows
(DBN)

What if BofA places Countrywide into bankruptcy ?
(DBN)

Behind the Numbers: Pending Sales Prompt Concern
(DBN)

Contracts to buy homes fell 1.2 percent in August
(DBN)

Las Vegas August home sales at five-year high
(DBN)

Mortgage Delinquencies Increase
(DBN)

Forced foreclosure mediation more successful than voluntary: Boston Fed
(DBN)

Treasury moves to help more military qualify for HAFA
(DBN)

RBS, Credit Suisse probed over bad mortgage loans
(DBN)

Now Available: Homeowner’s Insurance You Needed in 2006
(DBN)

Foreclosure Prevention Effort Ending With Roughly $500 Million Unspent
(DBN)

Debts push homebuilder Paul Estridge into bankruptcy
(DBN)

Quail Run developer goes bankrupt
(DBN)

Mastro case: bankrupt developer's son won't have to pay personally
(DBN)

Nevada foreclosure fraud law takes effect Oct. 1
(DBN)

CoreLogic sees $7 billion in mortgage fraud
(DBN)

_____________

Banking:

BofA to Add Monthly Fee to Some Debit Users
(DBN)

With debit card fee, Bank of America reaches deeper into customers' pockets
(DBN)

A fee to use your debit card is just the beginning
(DBN)

What to do about Bank of America?
(DBN)

Did big banks leave TARP too soon?
(DBN)

U.S. missed chance to hike bank capital: report
(DBN)

Why Do Banks “Need” to be “Too Big to Fail”?
(DBN)

When In Doubt, Threaten The Bank
(DBN)

______________

Politics:

Rick Perry To Bernanke: Stop Printing Money
(DBN)

Gov. Rick Perry greeted by illegal immigration protestors in Charlotte
(DBN)

Republican favorite vows to oust Fed's Bernanke
(DBN)

Bachmann: Obama Weak, Started Arab Spring
(DBN)

House GOP seeks to cut job training, heating aid
(DBN)

Obama's former campaign funders on Wall Street turn against him
(DBN)

2012 Election May Cost $6 Billion
(DBN)

Warren quits US Senate race
(DBN)

Axelrod Endorsement of Warren Upsets Mass. Democrats
(DBN)

______________

Celebs:

Bernsen Distances Himself from Courtroom Drama
(DBN)

Tom Martino bankruptcy: Rant about wife Holly's ex-husband missing from KHOW archive
(DBN)

The Trouble Shooter May Lose His Castle
(DBN)

Hulk Hogan Claims He Lost 'Hundreds Of Millions'
(DBN)

7 Celebrities: From Riches to Homeless
(DBN)

______________

Solar:

Chu the Fall Guy for Solyndra?
(DBN)

FBI Said to Be Probing Solyndra for Possible Account Fraud
(DBN)

Solyndra gave bright forecasts as it ran out of cash
(DBN)

US Knew Solyndra Violating Loan Before New Deal, Official Says
(DBN)

One Market Report Could Hold Clues to Solyndra's Demise
(DBN)

Matt Drudge and the next fake solar scandal
(DBN)

The Solyndra - Walmart Connection
(DBN)

A post-Solyndra snapshot of solar in America
(DBN)

Stirling Energy Systems, Dish-Engine Solar Maker Files for Chapter 7 Bankruptcy
(DBN)

Solyndra bankruptcy is aberration, solar power executives say
(DBN)

The Reality of China's Billions in Solar Loans
(DBN)

______________

Aviation:

Airlines should get gov't loans, committee says
(DBN)

______________

Compensation:

Outsize Severance Continues for Executives Despite Failed Tenures
(DBN)

Recently Fired HP CEO Departs With More Than $13M
(DBN)

Meg Whitman's starting salary as HP CEO? $1 per year
(DBN)

______________

Trucking:

Agreement reached between Arrow Trucking executive, estate
(DBN)

______________

Education:

California Culinary Arts Faces Harrowing Suit
(DBN)

______________

Debt Collection:

Credit Card Collectors on the Front Lines of Consumer Litigation
(DBN)

Debtors to Get More Protection from Collection Under New Regulator
(DBN)

______________

Weather:

9 More Years of Texas Drought Possible
(DBN)

______________

Finance:

Corporate Bond Issuance Plunges on ‘Armageddon’ Scenarios
(DBN)

______________

Museums:

The National Slavery Museum: Shackled again
(DBN)

An Ailing Asian Art Museum Embraces Pop Culture
(DBN - NY Times - Paywall Limit Possible)

______________

Theater:

The financial crisis on stage: You couldn’t make it up
(DBN)

______________

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)

______________

Miscellaneous:

The Bankruptcy Files: Copper, DVDs, and Digital Security
(DBN)

Innkeepers, Madoff, Blockbuster, A&P, Perkins
(DBN)

Madoff, Lehman, Dodgers, Seahawk, Palm Harbor
(DBN)

Rochelle on Solyndra Sale, Garrison Keillor, Liz Warren
(DBN)

Rochelle on Madoff Clawback Decision, Split Judges
(DBN)

Restructuring industry evolves, looks to Europe
(DBN)

______________

Venue:

Bill would challenge Del.'s monopoly on bankruptcies
(DBN)

Stars, Dodgers Make Delaware Home Court for Sport Bankruptcies
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Anna Nicole Smith Makes her Mark on Heller Bankruptcy Case
(DBN)

______________

Committees:

Washington Mutual Decision Reinforces Applicability of Insider Trading Laws to Participation in Bankruptcy Negotiations
(DBN)

______________

Sales:

A Lion(el) of Bankruptcy Jurisprudence
(DBN)

______________

Valuation:

DCF Analysis: A "Commercially Reasonable Determinant" of Value for Liquidation of Mortgage Loans in Repo Transaction
(DBN)

______________

Fraud:

Rye Portfolio Seeks to Move Madoff Suit, Cites Mets Case
(DBN)

Lawyer challenges Irving Picard's claim that judge's decision delays Bernie Madoff victim payouts
(DBN)

Madoff Trustee Says Mets Ruling Won’t Be as Bad as First Thought
(DBN - NY Times - Paywall Limit Possible)

Madoff Trustee Doubles Loss Estimate From Rakoff Mets Ruling
(DBN)

Madoff -Mets ruling doesn't apply to Scott Rothstein case
(DBN)

Sino-Forest manna for lawyers
(DBN)

U.S. seeks to make Rajaratnam's health public
(DBN)

______________

Corporate Reform:

You Can't Do Dodd-Frank On A Shoestring, SEC Warns Congress
(DBN)

SEC acknowledges challenges in credit-rating probes
(DBN)

Watchdog: Regulators Bowed to Banks on Bailout
(DBN)

Republican gridlock holds consumers hostage
(DBN)

______________

Municipalities:

California Shifts Thousands of Criminals to Jails to Cut Costs
(DBN)

North Dakota Taxable Sales Up 32%
(DBN)

Central Falls taxpayers share concerns
(DBN)

______________

UK:

Trade body slams 'draconian' Euro insolvency plans
(DBN)

HSBC given priority in fight for assets of Al Gosaibi business family
(DBN)

U.K. Consumer Confidence Increases as Economic Optimism Improves
(DBN)

Insolvency rates drop to five-month low
(DBN)

RBS takes over Jarvis Hotels
(DBN)

Appointment of Administrators - 29 September 2011
(DBN)

Winding Up Petitions - 29 September 2011
(DBN)

______________

EU:

Sub debt in firing range as recap talks heat up
(DBN)

Germany's Green Light For Bigger EFSF Gives Market Short-Lived Tonic
(DBN)

Schaeuble Cites Contagion Risk as German States Vote on EFSF
(DBN)

Merkel enjoys triumph in bailout vote, but how long will it last?
(DBN)

EU Debt Crisis: Seven Things You Need to Know
(DBN)

Germany's OK Of Bailout Means Europe Can Continue To 'Muddle Through'
(DBN)

Berlin greets rescue vote with relief and realism
(DBN)

Even if Europe Averts Crisis, Growth May Lag for Years
(DBN)

Europe set for worst quarter since 2008
(DBN)

______________

PIIGS:

In Greece, Bailout Talks Resume
(DBN)

Thinking About Sovereign Bankruptcy
(DBN)

Debt swap needed to cauterize Greece
(DBN)

Just Because Greek Politicians Promised Reform Doesn't Mean Greek People Will Do It
(DBN)

Greek tax-dodgers revolt against the inevitable
(DBN)

Greek official: Ability to pay new taxes exhausted
(DBN)

Government Divided On Public-Sector Job Cuts
(DBN)

Greeks protest despite bailout
(DBN)

Athens faces catch-up on deficit
(DBN)

Caught in the Labyrinth of Greece's Debt Restructuring
(DBN)

Greece May Have to Slash Up to 200,000 Public-Sector Jobs
(DBN)

Greek bureaucrats slow to embrace job cuts
(DBN)

Ireland Weighs Payback for Averting Bank Defaults
(DBN)

______________

Germany:

German Retail Sales Decline More Than Forecast
(DBN)

German Economy Continues to be a Stunner
(DBN)

______________

New Zealand:

Fitch downgrades New Zealand on high external debt
(DBN)

______________

China:

Chinese Stocks Crushed on Report of DOJ Probe
(DBN)

Runaway debt collection
(DBN)

______________

Australia:

Mass dentist bankruptcies feared in $20m rorts probe
(DBN)

PwC intervention could derail Centro merger plans
(DBN)

______________

Denmark:

FIH Cuts Loans to Real Estate, May Trigger Bankruptcies, JP Says
(DBN)

Danish Liquidity Aid Can't Halt Failures, Wind-Up Unit Says
(DBN)

______________

New Zealand:

Serepisos blames vendetta for bankruptcy proceedings
(DBN)

______________

Japan:

Tepco Faces 'Zombie' Future as Fukushima Damage Claims Mount
(DBN)

______________

Please note that The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that The Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive The Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when The Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $55/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase. Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address which is on our distribution list (if receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list). You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries).

 

Copyright 2011