April 17, 2012

The Daily Bankruptcy News

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Law:

More Dewey Partners Say Adieu: 57 Exits Since January --- Dishing the debt -- It was a peculiar experience for partners of US firm LeBoeuf Lamb Greene & MacRae --- Dewey exodus continues as London and Dubai quartet head for Dechert --- Dechert set to take 25-strong Dewey team in London and UAE --- Dewey to lose recently-hired London private equity team to McDermot --- Latest Dewey Losses Push 2012 Departure Figure Above 60
(DBN)

The Law Profession’s One Percent --- Biggest Lawyers Grab Fee Bounty --- Rich lawyers are getting richer faster
(DBN)

New York to $180K
(DBN)

The Biggest Law Firms Are Growing More Quickly Than the Rest, Survey Data Shows
(DBN)

How Many Billable Hours Do You Have to Work Before You Are ‘Busy’?
(DBN)

Law firms look for alternatives to the billable hour
(DBN)

Change is hard. Perhaps you prefer decline?
(DBN)

Young Conaway Relocates; New Headquarters Features a Strategy Suite for Visiting Counsel
(DBN)

Ethics 20/20 Commission Suspends Campaign to Draft a Proposal on Nonlawyer Ownership of Law Firms
(DBN)

Paralegals Outrank Lawyers on Best Jobs List
(DBN)

It’s Not Always About the Clients
(DBN)

Mayor urges probe into law firm's hire of senator's son
(DBN)

Daytona Beach: Site of the Nation’s Next Law School? --- Would Cost Up to 35% Less Than Most Schools
(DBN)

Now That’s Transparency: ‘Most Honest Law School’ Admits a Graduate Is Employed as a ‘Sheep Farmer’
(DBN)

Law School Transparency: Future events such as these will affect you in the future
(DBN)

The Only Thing That’s ‘Hot’ at This School Is the Temperature
(DBN)

Introducing the Law School Llama
(DBN)

Data trove reveals scope of law schools' hiring of their own graduates
(DBN)

It's Time for Smaller Firms to Question BigLaw Technology
(DBN)

Man Breaks Into Office, Smears Law Degrees
(DBN)

Physicist Uses Expertise to Beat Traffic Ticket
(DBN)

15-Year-Old Texas Boy Charged With Murder In Deaths Of 9 Illegal Immigrants
(DBN)

Woman named Fellony -- arrested on felony charge
(DBN)

$4M??: Bus accident video footage
(DBN)

Say What?!
(DBN)

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Wall Street:

US stock index futures point to higher start
(DBN)

Stocks close mixed; Dow up 71
(DBN)

Goldman Profit Tops Estimates; Raises Dividend
(DBN)

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Layoffs:

JPMorgan Chase Plans to Add Up to 1,200 Jobs in Delaware
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mail:

Congress ready to tackle postal reform
(DBN)

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Lehman:

Lehman investors lose appeal of 'minibond' ruling
(DBN)

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Food/Beverage:

Union for Hostess workers makes counter offer ahead of showdown in bankruptcy court
(DBN)

It's payback at Hostess
(DBN)

Regions Bank might see way out of $11 million Dippin' Dots debt
(DBN)

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Autos:

China's Youngman bids anew for Saab: report
(DBN)

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Hotels:

Houston hotel owned by St. Louis' Roberts brothers files for bankruptcy
(DBN)

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Utilities:

Southern Montana Electric interim manager fired
(DBN)

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Aviation:

AA unions to lawmakers: Don't judge consolidation idea
(DBN)

American Air boss speaks softly, carries stick
(DBN)

Woman Sobs Uncontrollably During TSA Pat Down
(DBN)

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Golf:

Trinitas attorneys seek to block foreclosure sales
(DBN)

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MF Global:

MF Global Would Have Done Better To Misuse Government Money / Not Go Bankrupt
(DBN)

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Economy:

Treasury Prices Rise With Concern Over Spain
(DBN)

US economic outlook brightens as retail sales rise --- Retail Up, Manufacturing Down
(DBN)

American Jim Yong Kim is chosen to lead World Bank
(DBN)

Obama's Aim to End Too Big to Fail is Failing
(DBN)

Billionaire to Students: Care About the Deficit
(DBN)

The taxes Americans really pay, in two graphs
(DBN)

US Debt Clock
(DBN)

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Real Estate:

RE/MAX: March home prices up 5.8% from last year
(DBN)

Builder confidence on the decline: NAHB
(DBN)

Fitch expects 10% rise in single-family housing starts
(DBN)

Citigroup REO values plummet on massive bulk sales
(DBN)

Citigroup writes off deferred mortgage principal under AG settlement
(DBN)

Mortgage Settlement Enforcement Monitor Claims Bank Leaders Are Lying to Him
(DBN)

Ambac Sues Bank of America Over Mortgage-Based Securities
(DBN)

Bank of America "Sues Itself." Yawn...
(DBN)

How $25B Settlement Monitor Can Keep Banks at Arm's Length
(DBN)

Global Housing Worries Spur Calls for Fixes
(DBN)

February home remodeling maintains post-recession high
(DBN)

Rep. Camp: Cool to Romney Plan to Pare Home-Interest Deduction
(DBN)

Grubb & Ellis to lay off Dallas employees
(DBN)

Why Are We Seeing Fewer Foreclosures?
(DBN)

Another bankruptcy for Roberts brothers
(DBN)

OK: First National owners seek to end bankruptcy
(DBN)

Mastro associate Hazelrigg won't disclose assets
(DBN)

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Banking:

Stealing A Page From BofA's Playbook: Citi May Skip Stress Test Do-Over
(DBN)

Wells Fargo, JPMorgan See Analyst Price Target Hikes
(DBN)

Citigroup operating results better than expected
(DBN)

U.S. Bank Failure Rate Continues to Slow
(DBN)

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Corporate Reform:

Fed Fines Bank Of New York Mellon $6 Mln
(DBN)

Lawyers Call SEC's Executive Clawback Suits Unconstitutional
(DBN)

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Oil/Gas:

SMF Energy files for bankruptcy protection
(DBN)

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Photography:

When Kodak “finally does fail”
(DBN)

Kodak: Judge Grants Retiree Committee Motion
(DBN)

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Health Care:

Employees fear for future of Hope hospital
(DBN)

Bankruptcy court extends Cetero bidding deadline to May 11
(DBN)

Brides-to-be using feeding tubes through noses to lose weight
(DBN)

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Paper:

NewPage Creditors: BNY Mellon Not Cooperating With Probe
(DBN)

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Fraud:

Enron’s Skilling Rejected by Top U.S. Court on Conviction
(DBN)

U.S. adds new insider trading allegation against ex-Goldman director
(DBN)

Former GE Bankers Defrauded Cities in Bid Scam, U.S. Says
(DBN)

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Religion:

Former Priest Testifies He Reported Abuse to Lynn
(DBN)

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Media:

Tribune bankruptcy plan moves forward
(DBN)

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Municipalities:

Moody's: Detroit consent deal cuts near-term bankruptcy risk
(DBN)

Flanders fields receiver questions
(DBN)

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Opera:

San Antonio Opera to file for bankruptcy within 20 days
(DBN)

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Pigeons:

Pigeon King case goes to pre-trial
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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)

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Miscellaneous:

Rochelle on Reddy Ice, Kodak, MF Global, Investment (audio)
(DBN)

CorpCounsel Wins Release of AIG Corporate Monitor Reports
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Jurisdiction:

Anna Nicole Smith meets Bernie Madoff: What has Rakoff wrought?
(DBN)

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Abstention:

Second Circuit Holds that Parmalat Litigation Won’t Spoil in State Court Despite Potential Delay
(DBN)

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Claims:

A Practitioner’s Guide to Resolving Late Claims
(DBN)

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Sales:

Radlax Review – Summary of Amici Briefs
(DBN)

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Litigation:

PREPARE for E-Discovery Supplementation Obligations
(DBN)

E-Discovery Costs as Taxes Assessed Upon the Loser?
(DBN)

Top 5 Apps for When You're Bored at the Courthouse
(DBN)

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Avoidance Actions:

SS Body Armor Starts Bankruptcy Preference Adversary Proceedings
(DBN)

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Insurance:

Executive Life liquidation plan gets NY court's OK
(DBN)

______________

Telecoms:

Moody's Downgrades Nokia to Near Junk
(DBN)

The Only Thing That Keeps Phil Falcone Up At Night Is Counting All The Money He’s Going To Make Off Of LightSquared
(DBN)

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Textbooks:

Nebraska Book Receives Approval of Disclosure Statement
(DBN)

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Celebs:

Business group tied to LeBron James files for bankruptcy
(DBN)

'Real Housewives' Teresa Takes Family to Mexico Despite Money Troubles
(DBN)

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Tax:

Ex-BDO Seidman Partner Favato Gets 18 Months for Tax Crimes
(DBN)

Taxes Prompt More Americans to Renounce Citizenship
(DBN)

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Cross-Border:

U.S. District Court Issues Precedent-Setting Chapter 15 Bankruptcy Holding
(DBN)

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UK:

British Rich Looking to Move Abroad
(DBN)

______________

EU:

Euro falls to 2-month low against dollar
(DBN)

______________

PIIGS:

Spain's bond yields jump as bailout fears grow --- Rajoy Says Spain Needs Austerity for Funding as Yields Climb --- Spain may impose spending curbs on regions --- Why the crisis in Spain could take years to fix --- Spain , Italy slide further into euro zone crisis --- Spanish Default Risk Soars to Record on Bets Bailout Is Looming
(DBN)

______________

MENA:

Dubai's Nakheel eyes more debt, forecasts recovery
(DBN)

______________

Tasmania:

Bankruptcy rates fall
(DBN)

______________

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Copyright 2012