April 11, 2012

The Daily Bankruptcy News

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Law:

‘International Be Kind to Lawyers Day’ — So How ‘Bout Those Spring Bonuses?
(DBN)

Law School Applications Fall as Legal Job Opportunities Seen Waning
(DBN)

Insert James Bond Joke Here, Followed By Lawyer Joke --- London: Dewey Hit with More Departures --- Which Firms Are Cashing in on Dewey Departures? --- Unfortunate (And Ironic)Comment Award
(DBN)

Top of the List: Central Ohio bankruptcy law firms
(DBN)

SNR Denton, Shearman, Ropes & Gray, Kirkland: Business of Law
(DBN)

Fenwick, Covington, Cadwalader: Business of Law
(DBN)

Kelley Drye Settles EEOC Suit re Alleged Partner Age Discrimination, Will Pay $570K --- Victory for aging lawyers, setback for young ones
(DBN)

St. Paul lawyer fined for trashing bankruptcy judge must explain non-payment
(DBN)

The Latest Plot Twist in Deidre Dare v. Allen & Overy
(DBN)

Crowell & Moring Faces $35 Million Malpractice Suit
(DBN)

Top US firms saw China lawyer count grow 10% last year, research shows
(DBN)

Court: Checking Facebook on Your Work Computer Isn't a Crime
(DBN)

Fired SEC lawyer wins reversal in case over emails
(DBN)

Are Associates at Small Law Firms Screwed?
(DBN)

False Statements, Whale-Watching and the American Way
(DBN)

Brune & Richard ethics pickle: Must defense lawyers probe jurors?
(DBN)

Another Perspective on the Baylor Law Admissions Data and Affirmative Action
(DBN)

How to Succeed in Law School Without Even Trying (Too Much)
(DBN)

U. Chicago Law School Listserv War: ‘How Embarrassing’ for Everyone Involved
(DBN)

How many law schools should be operating in the United States in 2012?
(DBN)

Aspiring lawyer rejected for fourth time
(DBN)

iPad, Galaxy Note & More
(DBN)

The Paper App - for Your Creative Side
(DBN)

Law School Applications Down about 16% for the Year --- Midwest Takes Biggest Hit
(DBN)

Ex-Maricopa County Attorney and Deputy Disbarred by Ariz. Disciplinary Panel; 3rd Lawyer Suspended
(DBN)

Law Firm Claims Bank Cost It $400,000
(DBN)

Disbarred NC Lawyer Is Federally Charged re Alleged $857K Embezzlement from Law Firm Trust Account
(DBN)

Disbarment Urged for Estate Planning Lawyer Who Married Elderly Client and Kept His Money
(DBN)

Judge Fines NY Lawyer $500 for ‘Premeditated, Blatant and Willful’ Tardiness
(DBN)

Lawyer Held in Contempt, Spends 5 Days in Jail for Lying to Court to Get Out of Speeding Ticket
(DBN)

Lawyer Plays Role of Killer in Award-Winning Independent Film
(DBN)

Meth Lab Found In Walmart Restroom
(DBN)

Woman charged with faking cancer to get lavish wedding
(DBN)

Say What?!
(DBN)

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Judges:

Bankruptcy Judges Confront Impending Shortage
(DBN)

Supreme Court misunderstanding on health overhaul?
(DBN)

False Equivalence Watch, Judiciary Edition
(DBN)

Bring the Justices Back to Earth
(DBN)

The Case Of The Foreclosed Judge
(DBN)

______________

Wall Street:

Stocks to make up some ground after ugly Tuesday
(DBN)

Dow Sinks 213
(DBN)

Where Has All the Trading Gone? Volume Hits 4-Year Low
(DBN)

"Voldemort," the bold JPMorgan trader who is freaking out regulators
(DBN)

______________

Layoffs:

Employers post more job openings in February
(DBN)

Small Business Confidence May Mean Bad News for Jobs
(DBN)

US March Employment Trends Index Dips
(DBN)

5 Reasons US Job Market Might be Weakening
(DBN)

Unemployment Rates In US Cities In The West --- Midwest --- South --- Northeast
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Media:

Ruling moves Tribune closer to bankruptcy exit
(DBN)

Zell Ranks Last Among Tribune Creditors
(DBN)

______________

MF Global:

MF Global Can Use Insurance for Defense Costs, Judge Rules --- The Opinion
(DBN)

The other MF Global money mystery: trustee's fees
(DBN)

MF Global Trustee to Return $685 Million to Customers
(DBN)

______________

Aviation:

AMR Executive Says Pilots Doubt Idea of US Airways Merger
(DBN)

Rothschild: AMR will need a lot of money post-bankruptcy
(DBN)

Flight attendant amicus sides with American to break union contracts in bankruptcy filing
(DBN)

AMR braces for another protest, more bankruptcy drama
(DBN)

Direct Air files opposition to converting to Chapter 7
(DBN)

Direct Air makes pitch to investors
(DBN)

New carry-on luggage fees are just the beginning
(DBN)

Smoking woman strips at Denver airport
(DBN)

______________

Economy:

Taxes paid by America's highest earners drop sharply
(DBN)

IMF: Global Economic Outlook ‘Pretty Grim’
(DBN)

IMF urges authorities to adopt debt forgiveness to restore growth
(DBN)

Survey: Small Business Owners Less Upbeat in March
(DBN)

US, China, Japan Lead World In Economic Growth
(DBN)

Clothing Manufacturing, Newspapers are Among Top 10 Dying Industries
(DBN)

Tax Breaks for Wealthy Should Be Cut, Ryan Says
(DBN)

Food Stamps Helped Ease Poverty Rate
(DBN)

Bush decries raising taxes on 'the so-called rich'
(DBN)

An argument that Obama may be planning to let all of the Bush Tax Cuts expire
(DBN)

Oil Trades Near Eight-Week Low on Rising US Inventories
(DBN)

Illegal immigration to U.S. hits "net zero"
(DBN)

America's Debt Is Greater than Entire Eurozone's (and U.K.'s)Combined Debt
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

No "Whole Enterprise" Presumption for Real Estate Bankruptcy Cases
(DBN)

Edward DeMarco's Unforgiving Stance on Troubled Homeowners --- Fannie Mae, Freddie Mac must write down troubled mortgages --- Debate Rages --- Consumer Regulator Seen Pushing Loan Writedowns --- Housing chief says loan relief may cut agencies' losses
(DBN)

Consumer Protection Agency Targets Mortgage Service Industry --- Cordray Says Consumer Bureau to Go Beyond Mortgage Servicer Deal --- US gov't to propose new mortgage lending rules
(DBN)

NY pushes objection to BofA $8.5 billion mortgage pact
(DBN)

Hiding the Enforcement Fraud at the Heart of the Mortgage Settlement
(DBN)

Look To U.S. In The 1930s For Housing Policy, IMF Says
(DBN)

One woman's epic journey from homeowner to living in a tent in Hawaii
(DBN)

IMF Notes US Foreclosure Failures
(DBN)

Fair housing group files foreclosure maintenance complaint against Wells Fargo
(DBN)

Prepare to Fight Suits Claiming Bias in REO Maintenance
(DBN)

Operating Performance For U.S. Homebuilders Is On The Mend, But Risks Remain
(DBN)

San Francisco Commercial Real Estate: First Spec Office Building since Recession
(DBN)

_____________

Retailing:

Best Buy chief Brian Dunn quits after first loss in two decades
(DBN)

______________

Health Care:

Saint Catherine’s Pa. LTC Facility Might Go to Market After Chapter 11 Bankruptcy Filing --- Saint Catherine can keep medical equipment for now --- Laid-off workers say meeting didn't offer many answers
(DBN)

HemCon Medical Technologies, Inc. Files for Chapter 11
(DBN)

Why do more people die when the economy gets better?
(DBN)

Americans walk less than anyone else
(DBN)

Report: 1% of Americans paid 22% of health care costs in 2009
(DBN)

More medical tourism could actually help control healthcare costs
(DBN)

______________

Autos:

Chrysler’s Newfound Immunity
(DBN)

______________

Mass Torts:

Court rules Pfizer can face some asbestos suits
(DBN)

CSX needs more depositions in fraud case against asbestos firm
(DBN)

______________

Forest Products:

ISDA declares Sino-Forest credit event
(DBN)

______________

Fraud:

Bank defends M&I actions in $1 billion lawsuit over Ponzi scheme
(DBN)

Chinese 'Nick Leeson' rogue trader Wang Caipang sentenced to death after £10m fund scam
(DBN)

______________

Food/Beverage:

Hostess execs find their paychecks have less filling
(DBN)

The Matzo Economy
(DBN)

______________

Banking:

Fed Orders Bank Chairman To Step Down
(DBN)

______________

Tax:

IRS Conducted 36 High-Wealth Program Audits, Report Says
(DBN)

Ex-UBS Client Roessel to Plead Guilty, Help in Tax Probe, Prosecutor Says
(DBN)

______________

Credit/Debit Cards:

Risky credit offers surge
(DBN)

______________

Religion:

OneUnited Bank questions Roxbury church bankruptcy
(DBN)

'Scandalous material' is at heart of bankruptcy case
(DBN)

US Catholic Church says child abuse cases rose in 2011
(DBN)

______________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (38 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 new filings today)
(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:

Rochelle on Dynegy, Hostess Brands, Pinnacle
(DBN)

Bankruptcy costs and America’s household debt crisis
(DBN)

______________

Bankruptcy Statistics:

Bankruptcies continue slide in Jacksonville and Middle District
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Unexpired Leases:

Rejected! Bankruptcy Court Denies Debtors’ Attempt to Reject Lease While Property Still Occupied by Sublessee
(DBN)

______________

Professional Compensation:

Bankruptcy Courts Have Exclusive Jurisdiction Over Attorneys’ Fees in Bankruptcy Proceedings
(DBN)

______________

Hedge Funds:

Hedge Funds Off to Best Start in Six Years
(DBN)

______________

Municipalities:

Saving L.A.'s City Budget: More Taxes or Bankruptcy ?
(DBN)

______________

Corporate Reform:

Are the SEC's Executive Clawback Suits Unconstitutional?
(DBN)

______________

Celebs:

Why Ex-NFL Stars' Money Woes Typifies League's Broken Culture
(DBN)

______________

Directories:

Fitch expects new credit woes for directory makers
(DBN)

______________

Oil/Gas:

Why Gasoline Isn't $4 Per Gallon Nationally
(DBN)

______________

Bankruptcy Crimes:

Former Rockford man faces up to 5 years in prison for bankruptcy fraud
(DBN)

______________

Museums:

Wilder's failed slavery museum back in bankruptcy court today
(DBN)

______________

Baseball:

More questions about how Dodger purchase is being financed
(DBN)

Guys Who Spent $2 Billion On The Dodgers Do Not Have $2 Billion
(DBN)

Report: Magic Johnson's Ownership Group Using Insurance Money to Supplement Cash for Team's Purchase
(DBN)

Dodgers opening day is a painful reminder for Bryan Stow's family
(DBN)

To Magic Johnson: Don't make same Frank McCourt mistake at home --- Magic Johnson says he wants to restore Dodger pride
(DBN)

News Corp.'s Fox Sports Objects to Dodgers' Bankruptcy Exit Plan --- MLB, Fox won't try to stop Dodgers sale
(DBN)

Dodgers sale virtually certain to be approved by Bankruptcy Court
(DBN)

______________

Politics:

Gingrich sent $500 to Utah for primary filing fee -- but check bounced
(DBN)

Santorum asks for help paying down campaign debt
(DBN)

Rep. Cleaver faces Bank of America suit, but could be bailed out by taxpayers
(DBN)

______________

UK:

Lawyer Calls Into Question High Court Pension Ruling --- Bankruptcy verdict could create conflict for trustees: Lawyers
(DBN)

UK: Shocked at Tax Avoidance by Super Rich
(DBN)

______________

PIIGS:

Spain Is on the Bleeding Edge of a New European Crisis --- Worries Grow as Bond Yields Rise --- Debt crisis exposes limits of ECB help --- Spain's Government Is Making Things Worse, Not Better --- Japanese Investors Shun Spain as Crisis Resurfaces
(DBN)

21% Increase Number of Spanish Businesses Filing for Bankruptcy
(DBN)

Italy's Borrowing Costs Jump Amid New Uncertainty
(DBN)

______________

Canada:

Canadians Slow Buying to Pay Off Debt
(DBN)

______________

Australia:

South-east worst hit by bankruptcy
(DBN)

______________

China:

Shadow Banks on Trial as China’s Rich Sister Faces Death
(DBN)

______________

Japan:

Inside Japan's 'Suicide Forest'
(DBN)

______________

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Copyright 2012