Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  Fearing the legal profession’s future, he has begun documenting the law school tuition bubble at his own blog, where you can read his latest post, “Failure to Launch: The Curious Case of Wilkes Law School, PA”.

Law Shucks

• Backup Plan if (when) WS2:$NS Bombs

WSJ Bankruptcy Beat

• Real Housewife Finds Drama in Bankruptcy Court
• The Daily Docket: Trump Casinos Cleared To Exit Bankruptcy
• St. Vincent’s Sale Plan Hits a Snag
• With Properties Nearly Worthless, Even Lender Walks Away
• Doctors Fight St. Vincent’s Bid to Pay Contractors
• SpongeTech Strikes Out in Bankruptcy
• Opera Props Find New Life at Harry Potter Park
• Mudslide Prevents ‘Ghost Town in The Sky’ From Reopening
• Fraud Suspect Faces X-Rated Accusations
• Rothstein Emails Reveal Cash Concerns
• Pasadena Playhouse Set to Emerge From Bankruptcy
• The Daily Docket: Tronox Files Bankruptcy-Exit Plan
• Art Business Tumbles Into Bankruptcy
• Judge Bans Travel for Hecker
• Former Kiss Guitarist Loses Bankruptcy Appeal
• NYC OTB’s Board Approves New President
• Police Chief With Rothstein Ties Cleared
• The Daily Docket: Flying J Cleared to Exit Bankruptcy
• New Era Says Texas Rangers Behind on Hat Payments
• Rubashkin Appeals Conviction
• Chocolate Maker’s Auction Delayed By Break-In
• Former Steeler Dermontti Dawson Lists $69M Debts in Chapter 7
• Former NBA Star Walker Pleads Not Guilty to Gambling-Debt Charges
• Gambling Goes Glam at Greenbrier
• The Daily Docket: Truvo Files for Chapter 11
• Stick to Your Guns
• Rappers’ Car Dealer Rolls Into Bankruptcy
• Loan Guarantees Led To Brunell’s Bankruptcy
• The Daily Docket: Razor Maker May File For Bankruptcy

NYLawyer.com (free registration required)

• Prosecutors Go After Bankruptcy Attorneys – and Their Fees – in Wrap-Up of Crookedest Lawyer’s Firm
• NY Client Says MegaFirm’s Miscues Bankrupted It

Credit Slips

• Undercount of Student Loan Default Rates
• Automated Due Process
• Foreclosure Update: the Good and the Bad
• The Cost of Rushing GM?
• Real Housewives of New Jersey Bankruptcy
• Auto Title Loans, Not So Bad After All—Who Knew?
• Getting Rid of Nonrecourse Mortgages?
• Are the Rich More Likely to Default on Their Mortgages?
• Winning While Losing in the Supreme Court ‒ Schwab v. Reilly
• Too Big to Fail = Too Powerful to Pay
• June Sees Big Drop in Bankruptcy Filing Rate

Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

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Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  Fearing the legal profession’s future, he has begun documenting the law school tuition bubble at his own blog, where you can read his latest post, “Law School: You Get What You Put into It…Sort of”.

WSJ Bankruptcy Beat

• CBGB Founder’s Estate Squares Off With Buyer
• NFL Quarterback Brunell on Brink of Bankruptcy
• Mediation May Delay Texas Rangers Trades
• City Aims To Install Food Carts At Tavern On The Green
• Florida Cricket Farm To Liquidate
• Ex-Agriprocessors Executive Gets 27-Year Prison Sentence
• Smurfit-Stone Reorg Good For Creditors, Shareholders, Executives And Tree-Eating Bugs
• Mediapro Unit Files For Bankruptcy
• Bankruptcy Stinks
• Coyotes Chapter 11 Weighs On Rangers Judge

Credit Slips

• Bank of America Settlement — A Sign of True Progress?
• The Beginning of a Return to Consumer Protection?
• Guns and Bankruptcy
• The CFPA–A Bureaucracy to Benefit Women and Families
• Combining Chapter 13 with a Voluntary Mortgage Modification
• The Mother of All Cross-Border Bankruptcies?
• What’s Wrong with PIGS?
• The CFPB Auto Dealer Exemption–A Reminder of the Why We Should be Worried
• New Reorganization Law Imminent in United Arab Emirates
• Interchange Theory: Simultaneous Rent-Extraction from Both Merchants and Consumers
• Islamic Finance v. Islamic Bankruptcy
• The Forum Shopping Debate Heats Up for In-Bound Cross-Border Cases?
• The Disingenuous Mr. Russell Simmons
• Signing Off with a Bankruptcy Case Made for TV
• Debt Settlement Firms—Fraudulent Transfers

Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

**********

Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  Fearing the legal profession’s future, he has begun documenting the law school tuition bubble at his own blog, where you can read his latest post in which he painstakingly calculated law school and attorney saturation in individual American jurisdictions.

Law Shucks

• Milbank Blocking Pepper Hamilton Lawyer’s Deal for MLB Team

Overlawyered

• “Pay Me Now”
• Chrysler’s White-House-assisted Bankruptcy

WSJ Bankruptcy Beat

• Extended Stay Wants Investigation Documents Destroyed
• Andre Chreky Strikes Deal To Keep Control Of D.C. Salon
• The Daily Docket: Blockbuster Seeks Bankruptcy Loan
• Buyer of Shuttered CBGB Club Brand Files for Bankruptcy
• Smurfit-Stone Gets Rolling on Mill Sales
• United Medical Center Slated for Foreclosure Sale
• The Daily Docket: National Envelope Opens Bankruptcy Case
• Little Luck on the Auction Block for Salander’s European Art
• CNBC to Air ‘The Last Days of Lehman Brothers’
• Rothstein Sentenced to Half-Century Behind Bars
• The Daily Docket: Health-Care Restructurings Loom
• Rubashkin Cleared of Child-Labor Charges
• The Daily Docket: Garlock Enters Bankruptcy
• “Real Housewives” Star Is In Bankruptcy
• Getting Even at a Bankruptcy Auction
• A-Rod Named to Rangers Creditors Committee

Above the Law

• Paging All Bankruptcy Lawyers…
• Could Law School Loans Become More Easily Dischargeable in Bankruptcy

Credit Slips

• Courts Are Signaling, but Is Congress Listening?
• Decision in Schwab Is an Irritating Nonevent
• Discussing the “B” Word with Corporate Boards
• The End of Free Checking?
• Overcoming Overconfidence in Bankruptcy
• Seen This Movie Before?
• Private Funds and Bankruptcy
• Electronic Copy of Bankruptcy Code and Rules
• The Utility of Chapter 11
• BP and Bankruptcy
• U.S. Bankruptcy Filings at Same Level as Before 2005 Law
• Supreme Court Rules in Lanning

Going Concern

• PFF Bankcorp Creditors Want to Probe KPMG So They Can Determine If They Can Sue KPMG

Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

**********

Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  Fearing the legal profession’s future, he has begun documenting the law school tuition bubble at his own blog where you can read his latest post, “The Big Bubble Battle (Bart II)”.

WSJ Bankruptcy Beat

• The Daily Docket: WaMu’s Chapter 11 Plan Delayed
• Thomas Kinkade Company Finds Itself Painted Into a Corner
• The Daily Docket: TNK-BP Unit Slips Into Bankruptcy
• British Royal Fergie Mulls Bankruptcy
• Rothstein’s Ex-Bodyguard Pleads Guilty To Ponzi-Related Charge
• Walker Seeks NBA Return With Help From a Friend
• The Daily Docket: GM and Chrysler, One Year Later
• Ex-NBA Star Walker Lists Casino Debt, Foreclosures In Bankruptcy Filing
• ‘B’ Is for Bankruptcy
• Houlihan Lokey Challenged Over Disclosure In Aventine Case
• The Daily Docket: Lehman Sues J.P. Morgan
• Texas Rangers Nearly Max Out Team Credit Card
• Hecker Auction Draws Hundreds Of Bidders
• Please Pack Your Knives…And File For Bankruptcy
• Texas Rangers Owner Wants To Keep His Season Tickets
• Former Fred Leighton Owner Back In Bankruptcy Court
• Texas Rangers Owe Alex Rodriguez $24.9 Million

Credit Slips

• Of BP, Caps, and Chapter 11
• A Primer on the Consumer Financial Protection Agency
• Protecting Public Benefits from Garnishment
• The Database You’ve Been Waiting For
• Atomic
• More Naked Credit Default Swaps—the Role of Dealers
• Naked Credit Default Swaps

Law Shucks

• Jumping In(House): Hiring Lane [for the shout out to Bankruptcy Bill’s immensely talented Gideon Kendall]
• Quick Shucks – 5/25/10
• Cravath Changing with the Times?

Going Concern

• COSO Study Finds Accounting Frauds Getting Larger, Execs Named in Nearly 90% of Cases
• Accounting News Roundup: PwC Dealt a Blow on Penn. Healthcare Bankruptcy Ruling; Zipcar Going Public; Altria Gets Smoked by IRS | 06.02.10

Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

**********

Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  Fearing the legal profession’s future, he has begun documenting the law school tuition bubble at his own blog where you can read his latest post, “The Juris Doctor Is Your New Bass-O-Matic“.

Credit Slips

• No Safe Harbor Reform Yet
• U.S. Trustee Audits on Debtor Bankruptcy Filings
• Interpreting Australian Interchange Regulation’s Consumer Impact
• Interchange Amendment Passes Senate 64-33
• The Uneven Rise and Falls of Bankruptcy Filings

WSJ Bankruptcy Beat

• Sapp Throws Flag in Rothstein Case
• WorldSpace Strikes New Deal to Sell Its Satellites
• Investors Take Aim at Mortgages Ltd.’s Lawyers, Accountants
• Honolulu Symphony Revamps Business Plan
• Contractor at Volkswagen’s Tennessee Plant Files for Chapter 7
• Dreier’s Ex Opposes Trustees’ Fees
• Restructuring Experts Predict U.S. Municipal Default
• Local Investors Buy Wisconsin Candy Chain Out of Bankruptcy
• New York Asian Symphony Orchestrates Liquidation
• Pasadena Playhouse Says Donors Will Fund Its Bankruptcy Exit
• Mall Dumped by General Growth, Simon Files for Bankruptcy
• Auction Raises $472,000 for Salander Creditors
• Historic Pasadena Playhouse Files for Bankruptcy
• Greenbrier Casino Gets Bigger, Pricier
• Workers Picket Bankruptcy Court to Protest Mine Sale
• After Bankruptcy, Pimlico to Get New Owners
• ‘Double Exposure’ Stars Strike Settlement with Creditor

Going Concern

• Stressed Out PwC Partner Was Criticized By Fellow Partners for Being A Total Pansy

Did we miss a good recent bankruptcy-related post on another blog?  E-mail bill [at] bankruptcybill [dot] us to let us know.

**********

Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.

Law Shucks

• Backlash Against Bankruptcy Fees

WSJ Bankruptcy Beat

• City, Owner Clash over Fate of D.C. Hospital
• Bankrupt ‘Ghost Town’ Bought for $7.5 Million
• Unlucky 13?
• MLB May Seize Rangers to Head Off Bankruptcy
• Publisher Suffers along with Hamptons Real-Estate Market
• Klee to Probe Tribune Buyout
• SEC Attorney: Scrutiny of Chapter 11 Cases Increasing
• Directors Accused of Siphoning Millions from US Fidelis
• Saving Blockbuster
• Judge Shields Majestic Star Execs from City Lawsuits
• Sharper Image Gets All-Clear to Chase Ex-CEO’s Severance
• Gottschalk Plans A Comeback
• Trustee Hounds Hecker for More Assets
• NYC Says General Growth Owes It $500,000
• Gone With the Wind Studio Appears in Lehman Bankruptcy
• Distressed Denim

Going Concern

• REMEC Court Decision Could Expose Companies to More Accounting Fraud Litigation
• Goldman Sachs’ Senate Testimony: Did CFO David Viniar Screw Their Pooch?
• Compensation Watch ’10: Ernst & Young Re-reassures Merit Increases

Point of Law

• Who Has Time to Ask about Bankrupt [Asbestos] Entities?

Credit Slips

• End User Exemptions
• Amendment to Repeal Marquette
• Bankruptcy Filings Drop in April
• More on the Small Business Bankruptcy Delegation
• The New York Times on Chapter 11 Fees
• Bankruptcy Fees
• The Disappearing Small Business (Designation) in Bankruptcy
• Resolution Authority: Dodd-Shelby Amendment, Voting Rules, Missing an Umpire

Above the Law

• Student Loans for Homeless People
• Pay Czar Kenneth Feinberg Cracks Down on Bankruptcy Lawyers at Weil, Jones Day, and Milbank
• Morning Docket 05.03.10
• The Next Bubble: Law School Tuition

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Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  He speaks Japanese and focuses on comparative and international law, as well as international business.

Credit Slips

• Resolution Authority: The New Court, What’s Wrong with the Dodd Bill, What’s Wrong with the Republicans’ Argument, Is It Constitutional?, Safe Harbors
• The President on Financial Reform
• How to Find the Owner of Your Mortgage
• Can You Deduct an Expense for a Car You Own?
• Putting the Bankruptcy Option Back on the Table for Distressed Homeowners
• Collateral and Derivatives
• Wanted: People with Good Credit for Low-Paying Jobs

Going Concern

• One of These Things Is Not Like The Other: How Goldman Sachs and Lehman Brothers Hid the Ball from Investors
• The FASB Punts Repo Accounting to the SEC
• Fuld: Ernst & Young “Supported” Lehman’s Repo 105 Treatment
• Did Lehman’s Arrangement with Hudson Violate Accounting Principles?
• Why a Big 4 Failure Is Imminent and What It Will Mean

Point of Law

• Group: Bankrupt Chemical Maker Owes another #9 Billion

WSJ Bankruptcy Beat

• Basketball ‘Bad Boy’ Mahorn Files for Bankruptcy
• Volcano Disrupts Aluminum Maker’s Chapter 11 Case
• Hacker’s Friends Save Assets from Seizure
• Judges Back New Bankruptcy Disclosure Rules
• LyondellBasell Execs Set for Big Paydays
• Citadel Wants Investor to sell 16M Shares
• Hecker’s Assets Tagged for Auction
• The Daily Docket: San Diego Bankruptcy Talk Called ‘Silly’
• Graffiti-Covered Fuld Portrait Could Be Valuable Asset
• Philadelphia Newspapers, Lenders Continue to Clash in Court
• Ex-Franchisee Seeks Relief for Taco Del Mar ‘Disaster’
• Blixseth among Delinquent California Taxpayers
• Bankruptcy Nixes Coyotes as All-Star Game Host
• Lease Trouble Could Spell End for Vegas Night Club
• Ex-NBA Star Derrick Coleman Files for Bankruptcy
• Dykstra Strikes Back at Bankruptcy Judge

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Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  He speaks Japanese and focuses on comparative and international law, as well as international business.

Law Shucks

• 6 Things You Didn’t Know About the Bankruptcy Lawyers of the Decade

Point of Law

• Group: Bankrupt Chemical Maker Owes another $9 Billion

WSJ Bankruptcy Beat

• Rothstein’s Business Partner Files For Chapter 7
• Denny Hecker Held Responsible For $400 Million
• Petters Sentenced To 50 Years Behind Bars
• Chapter 11 Can Be Fun, Hot
• Dykstra Strikes Out In Bid To End Bankruptcy Case
• Gemstone Shopping Channel Enters Chapter 11
• Arby’s Franchisee Serves Up Chapter 11 Filing
• The Daily Docket: Rock & Republic Files For Bankruptcy
• Harrisburg, PA, May Miss Debt Payment
• Maker of Collapsed Cowboys’ Dome Seeks Creditor Protection
• For Mortgage Industry, It’s Win Some, Lose Some

Above the Law

• Career Center: Practice Area Survey and Results

Credit Slips

• The Rhetoric of “Ending” Too Big To Fail
• Experian and FreeCreditReport.com Sink to a New Low
• The Congressional Research Service Says No Real Effect from BAPCPA
• Repo Madness
• The Business of Document Production
• March Bankruptcy Filings Are Up But Not “Spiking”
• The Fed as Distressed Investor
• The Need for More Bankruptcy Knowledge on the Circuit Courts
• Redemption (of the 722 variety) for Struggling Homeowners

Going Concern

• SEC Might Bring Civil Charges Against Ernst & Young Soon, Maybe
• After Constant Lehman/Ernst & Young Press Coverage, the PCAOB Is Ready to Get Serious About Audit Committee Communication

**********

Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York.  He speaks Japanese and focuses on comparative and international law, as well as international business.

Above the Law

• Supreme Court Tackles Student Loan Debt
• Breaking: Ninth Circuit Stiffs Anna Nicole Smith’s Estate

Going Concern

• Accounting News Roundup: Dodd Requests Investigation of Lehman “Accounting Manipulation”; Ernst & Young Makes Case to Audit Committee Members; House Passes Health Care Reform | 03.22.10
• Ernst & Young Looking at More Civil and Criminal Liability for Lehman Failure
• Ernst & Young: Talking Points on Lehman Brothers

Credit Slips

• Ambac & the Safe Harbors
• Credit Bidding
• Today’s Consumers Prefer Chapter 7 Bankruptcy 3 to 1
• Consumer Protection & Bank Soundness
• The Financial Stability Oversight Council
• Financial Consumer Protection—The Last Thing We Need Is Federal Banking Oversight
• Debt and the People, Part II: The Hot…and Concluding Disquietudes [Read Part I here]

WSJ Bankruptcy Beat

• Trustee Slams Dykstra’s Bid to Exit Bankruptcy
• The Daily Docket: Bankruptcy for Ambac?
• The Daily Docket: Lehman Seeks Investment Partner
• Salon Files for Bankruptcy on Eve of Owner’s Trial
• Chrysler Seeks American Motors Retirees
• The Daily Docket: VP Warned Lehman Execs
• Hecker Accused of Ransacking Family’s Trust Funds
• Visteon Shares Soar on…Well, Anyway, They Soar
• Maker of Green Products Seeks to Recycle Its Debt
• The Daily Docket: Bankruptcy for Blockbuster?

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Bankruptcy Billables is an overview of bankruptcy-relevant coverage and discussion from various law-related blogs.

Holding a J.D. and an International Affairs M.A. from Marquette University, Matt Leichter (matt [dot] leichter [at] gmail [dot] com) is an attorney licensed in Wisconsin and New York (two months as of tomorrow!).  He speaks Japanese and focuses on comparative and international law, as well as international business.

Law Shucks

• Kaye Scholer Screws Up, Apologizes
• Cadwalader Trying to Prove Us Wrong

Credit Slips

• De-Tour: CSD Nudity on the Exotic Fringe
• Debt and the People, Part I: The Cold
• Avoid Chapter 11 at All Cost!!!
• Half-Empty or Half-Full: The February Bankruptcy Figures
• The Ban on “Universal Default”
• Half a (Rotten) Loaf is Worse Than None at All: The Fate of the CFPA
• Fringe Banking, Financial Distress, and the Consumer Financial Protection Industry

WSJ Bankruptcy Beat

• Hecker’s Troubles Signed, Unsealed, Delivered
• The Daily Docket: Examiner Finds Claims Against Lehman Execs
• Drama Continues for Death Row
• Experts: Sitcom Logic Won’t Work in Distressed Companies
• The Daily Docket: Freedom Wins OK on Chapter 11 Plan
• Lenny Dykstra Wants Bankruptcy Case Dismissed
• Justice Department stays out of Rubashkin Case
• The Daily Docket: Bankruptcy for Detroit?
• Miami Couple Accused of Running Ponzi Scheme
• The Daily Docket: Consumer Bankruptcy Filings on the Rise
• Trump Says Bankruptcy Is Not Part of His Brand

Going Concern

• Ernst & Young Was ‘Comfortable’ with Lehman’s Shady Accounting
• It’s Hard Out There for an Auditor