April 4, 2012

The Daily Bankruptcy News

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Law:

Four Dewey & LeBoeuf lawyers jump ship to DLA Piper --- The Dewey Dozen: Capital Sufficiency and Survival --- Dewey & LeBoeuf's 2010, 2011 Profits, Revenues Revised
(DBN)

The Job Outlook for Lawyers: Projections from the BLS
(DBN)

20 Law Firm Mergers in 1st Quarter of 2012, Up 43 Percent from 2011
(DBN)

Phelps Dunbar Expands Tampa Office With Bankruptcy Hire - Michael P. Brundage
(DBN)

Shearman Partner Rohan Weerasinghe Named GC of Citi
(DBN)

More in-house lawyers are exercising power over law firms
(DBN)

Conducting A Stealth Job Search (Part 2)
(DBN)

Your Gray Hair
(DBN)

Docs in EEOC Case Detail 12-Year Pay Battle Between Onetime ‘Life Partner’ and Kelley Drye --- Unsealed Documents Capture Law Firm Partner's Push to Be Paid After Age 70
(DBN)

Whatever Happened to Baker & McKenzie – San Diego?
(DBN)

Bakers & McKenzie: 8% London profits dip, top earner makes £872k
(DBN)

Still Practicing at 100, ‘Miss Alice’ Talks of Harper Lee and Working in Their Dad’s Law Firm
(DBN)

First-Degree Murder Trial Begins for Defendant, 16, Charged in Slaying of Pittsburgh Law Student
(DBN)

Professors Reveal the Law Students They Haze
(DBN)

Judge again refuses to force ABA to accredit law school
(DBN)

Student Debt: It’s Not Just For Young People Anymore
(DBN)

PicMonkey - For When Your Profile Pictures Needs To Look Five Years Younger
(DBN)

Who Wants To Adopt Anna Gristina’s Pigs?
(DBN)

You're Using Social Media -- but What's Your Next Step?
(DBN)

Man busted for repeatedly p----- on attractive female co-workers' office chairs
(DBN)

5th Circuit upholds 65-month sentence for man lacking law license
(DBN)

Firm seeks information about person who allegedly posted negative online review
(DBN)

Darren Dixon, haircut attack man, banned from carrying scissors
(DBN)

Teacher-Student Sex Is Now Legal in Arkansas
(DBN)

I'll gladly pay you Tuesday for a hamburger today
(DBN)

Say What?!
(DBN)

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Judges:

Should SG Verrilli Be Criticized? After All, He Was Interrupted 103 Times in 56 Minutes --- Verrilli successfully made his points on health care before Supreme Court --- Obama Warns the Court About Restraint, But Unaccountable People Will Do What They Do
(DBN)

As he defends the federal gay marriage ban, Solicitor General Paul Clement wants you to forget everything he said last week about the federal health care law
(DBN)

5th Circuit Court Dares Obama's Justice Department To Answer Whether Courts Can Strike Down Laws
(DBN)

Fed’l Appeals Judge Tells DOJ to Write Memo by Thursday Explaining Obama ‘Judicial Activism’ Claim
(DBN)

Rakoff Seeking Truth of Wall Street Wrongdoing Labeled Rogue
(DBN)

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Wall Street:

Stocks to fall after Fed's comments
(DBN)

Stocks hit by Fed's wait-and-see stance
(DBN)

Stocks: Brace For Slower, Bumpier Ride Higher
(DBN)

A Prop Trader Explains His Work, His Salary, And Why Everyone Is Wrong About His Profession
(DBN)

The $1.3 billion bond deal haunting Goldman
(DBN)

Union group is unsettled by Sachs
(DBN)

______________

Layoffs:

The Ultimate Look At Unemployment In America
(DBN)

Fed Officials Worried US Job Gains Could Fade
(DBN)

Unemployment rate: How low can it go?
(DBN)

Yahoo to cut up to 2,000 employees: Report
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Forest Products:

Sino-Forest bankruptcy not my fault - short seller
(DBN)

Lawsuit against Sino-Forest frozen in its tracks
(DBN)

Sino-Forest shareholder plans alternate restructuring
(DBN)

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Aviation:

Strong Feb Performance, Outlook Fragile - IATA
(DBN)

Pinnacle generous with executives as it shortchanges pilots
(DBN)

Air Canada gets legal warning from Quebec over Aveos
(DBN)

Kingfisher staff issues veiled threat of strike
(DBN)

Air Australia holds auction to pay off debts
(DBN)

______________

Lehman:

US set to penalize JP Morgan over Lehman Brothers bankruptcy
(DBN)

______________

Politics:

GOP targets Elizabeth Warren over illegal aliens ‎ --- Former White House Colleague Says Elizabeth Warren Is "Over The Line"
(DBN)

Sen. Scott Brown delivers $34,545 check to Autism Consortium under 'People's Pledge'
(DBN)

New Poll: Brown v Warren Tied in MA Senate Race
(DBN)

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Small Business:

U.S. Small Business Lending Stalls in February 2012
(DBN)

JOBS Act Jeopardizes Safety Net for Investors
(DBN - NY Times - Paywall Limit Possible)

______________

Weather:

Tornado Supercells, Golf-Ball Size Hail Falling In Dallas --- Devastating Tornado In Dallas --- Massive
(DBN)

______________

Art:

Dazzling Etch-A-Sketch Portraits
(DBN)

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Credit/Debit Cards:

How I Learned To Stop Worrying And Embrace The Credit Card
(DBN)

______________

Newspapers:

Newspapers: Freedom To Undress
(DBN)

______________

Lotteries:

14 Lottery Winners Who Blew It All
(DBN)

______________

Economy:

FOMC Minutes: No Push for QE3
(DBN)

Five Years After Crisis, No Normal Recovery
(DBN)

IMF's Lagarde To US: Please Send Checks
(DBN)

GSA Inspector General's Report: Obama Admin. spending like royalty
(DBN)

U.S. Economy Enters Sweet Spot as China Slows
(DBN)

The Full State Of The Global Economy
(DBN)

$1 Trillion In Tax Loopholes
(DBN)

Who buys US bonds when foreign countries and investors won't?
(DBN)

Why living in the American Empire isn't all that it's cracked up to be
(DBN)

Obama Goes Nuclear On Republicans: "Trojan Horse"
(DBN)

History: Depression migration
(DBN)

America has seen no increase in college graduation rates in the last 30 years
(DBN)

Baby boomers, not the recession, are ripping off young Americans
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Update on Possible GSE Principal Reductions
(DBN)

Home Prices Seen Dropping 10% in U.S. on Foreclosures --- Bloomberg article on House Prices
(DBN)

How much will foreclosures rise this year? A lot.
(DBN)

New York tests solution for 'shadow' foreclosure docket
(DBN)

Yet another RMBS lawsuit alleging fraud by Wall Street
(DBN)

U.S. Fed targets Morgan Stanley over home loans
(DBN)

Only One Thing Stands Between You And A Tidal Wave Of Foreclosed Homes
(DBN)

Why NY businesses should worry about BofA's new MBS defense
(DBN)

LV: Developers ordered to surrender luxury cars, motorcycle
(DBN)

New ruling may affect Cedar Funding distributions
(DBN)

U.S. Mortgage-Bond Sale Surge Will Prove Fleeting, Fitch Says
(DBN)

Bank of NY Mellon must face lawsuit on Countrywide
(DBN)

Apartment Vacancies Decline in U.S. to Lowest Rate Since 2001
(DBN)

1-Bedroom Apartment: $21.7 Million
(DBN)

____________

Fraud:

Qtask designer gains unlikely ally in RRA case
(DBN)

Rakoff Asked to Move 400 Madoff Suits as Deadline Passes
(DBN)

The 'Groupon Is A Massive Fraud' Conspiracy Theory Lawyers Are Working On
(DBN)

Divorced attorney can't recoup losses from Madoff fraud: Court of Appeals
(DBN)

JOBS: Turning America Into a Giant Casino
(DBN)

______________

Mining:

SEC weighs in on Americas Energy bankruptcy
(DBN)

______________

Debt Collection:

Frat Brothers Fight Debt Collection & for Their Right to Party ‎
(DBN)

Hollywood Video debt collection letters causing problems for thousands ‎
(DBN)

Recent US Supreme Court decision seems to spark trend narrowing creditors’ ability to shield itself from liability under the Fair Debt Collection Practices Act
(DBN)

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Banking:

Why People Hate the Banks --- One Answer --- What? It’s Not Like He Hit The Button For Every Floor To Make The Ride As Awkward As Possible
(DBN)

None Of The World's 20 Safest Banks Are In The US
(DBN)

U.S. Alongside China in Roll Call of Basel Bank-Rule Laggards
(DBN)

How Brian Moynihan became indispensable
(DBN)

______________

Alternative Energy:

Conergy Chief Confident Won’t Join Rising Solar Bankruptcies
(DBN)

Calif city takes solar firm's bankruptcy in stride
(DBN)

President Obama's Green Energy Problems Continue To Escalate
(DBN)

______________

Student Debt:

Are Student Loans the Next Subprime Debacle?
(DBN)

Even Boomers Are Getting Pummeled By College Loan Debt
(DBN)

Senate Subcommittee Considers Student Loan Protections
(DBN)

______________

MF Global:

MF Global UK Staff Seek $62 Million in Bonus, Severance
(DBN)

MF Global: JPMorgan Produces Smoking Gun
(DBN)

MF Global's Inscrutable Accounting Error
(DBN)

CME to Require Daily Customer Fund Reports Following MF Failure
(DBN)

MF Global lawyers seek $25m insurance money to pay former chief Jon Corzine's defense costs
(DBN)

______________

Health Care:

Cheboygan hospital shutting down after sale to McLaren blocked --- McLaren goes with Plan B
(DBN)

The bizarre calculus of emergency room charges
(DBN)

______________

Mass Torts:

Dead Dolphins Show The BP Oil Spill May Be Far Worse Than Previously Feared
(DBN)

______________

Autos:

Chrysler Sales Up 34 Percent In March --- Ford's US Sales Up 5 Pct
(DBN)

______________

Personal Finance:

11 Reasons Why It Sucks To Be Rich
(DBN)

How To Use Game Theory To Get A Great Deal On A Car
(DBN)

How This Teen Made More Than $100,000 Before He Turned 16
(DBN)

Too much happiness can make you unhappy, studies show
(DBN)

______________

Shipping:

Shippers make US the port of call for bankruptcy
(DBN)

______________

Shipbuilding:

FastShip: Port Authority investment in jeopardy
(DBN)

______________

Gambling:

Riviera sees losses widen in 2011, even as revenue up
(DBN)

______________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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:

Size Does Matter: Lehman Wins Weil March Madness Tournament
(DBN)

Rochelle on Jefferson County, Yellow Pages, Beechcraft
(DBN)

______________

Bankruptcy Statistics:

U.S. bankruptcy filings to drop 4%-5% in 2012
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

Minnesota Lawmakers Seek to Protect Nonprofits From Clawbacks
(DBN)

______________

Sales:

Summary of Respondent’s Brief in RadLAX Gateway Hotel, LLC v. Amalgamated Bank
(DBN)

______________

Litigation:

'Da Silva Moore' Plaintiffs Request Recusal for Judge Peck
(DBN)

Judge Allows Man to Probe Alleged Assailant's Facebook Page
(DBN)

______________

Municipalities:

Forget Meredith Whitney, as Muni Lawyer Predicts New Bankruptcy Wave
(DBN)

Stockton Gorged on Debt for City Amenities Before Crash
(DBN)

Harrisburg's David Unkovic says he was in an 'untenable position'
(DBN)

Mich. to appeal latest legal setback for Detroit --- Detroit City Council's best move: Approve an agreement --- Legal challenges stall Detroit's fiscal fix
(DBN)

Flanders: Providence bankruptcy can be avoided --- Providence Cuts Off Adviser Citing Bankruptcy Comments
(DBN)

Bankruptcy Still An Option In Woonsocket
(DBN)

Jefferson County Fights for Halt to Bond-Insurer Suit
(DBN)

Federal Judge Strikes Out Key Wisconsin Labor Bill Provisions
(DBN)

______________

Insurance:

The Impact of the JOBS Act on D&O Liability
(DBN)

______________

Baseball:

Dodgers Costing $2.15 Billion Hinges on Property Return
(DBN)

MLB wants $8.3 million in bills settled before Dodgers exit bankruptcy
(DBN)

Parting shots for Frank McCourt
(DBN)

Birds of a feather: Mattingly, Magic now united
(DBN)

Why Magic Johnson's Group Is Perfect Fit For Desperate Franchise
(DBN)

______________

Food/Beverage:

How Pink Slime’s Gruesome Predecessors Scared Congress
(DBN)

'Pink slime' blamed: Magic Johnson-owned plant reportedly shutting
(DBN)

Dude, it's not pink slime --- US grinder collapses under weight of LFTB
(DBN)

Burger Maker AFA Being Herded to the Auction Block
(DBN)

Reddy Ice Weighs Prearranged Chapter 11 As Losses Pile Up
(DBN)

With Drake’s on its last legs, NYC bakers serve up twists on the beloved coffee cake
(DBN)

Twinkie Maker Hostess Brands, Unions Face Off Over New Batch of Cuts
(DBN)

______________

Finance:

The alarming fall in syndicated lending
(DBN)

______________

Consumer Finance:

Richard Cordray Is Putting The Smack Down On Payday Lenders
(DBN)

______________

Telecoms:

Gene Munster: Research In Motion Is Going 'Out Of Business'
(DBN)

Falcone and Icahn ready to rumble
(DBN)

______________

Derivatives:

Counterparty gone bust? You still have to pay
(DBN)

______________

Sovereigns:

The Worst Countries In The World --- The Best Countries In The World
(DBN)

______________

UK:

Clydes takes role for Collyer Bristow amid Rangers negligence claims
(DBN)

______________

EU:

Netherlands & Spain's CDS Widen Again
(DBN)

Europe's Central Bank Looks In Vain For Growth
(DBN)

Eurozone economies 'need growth'
(DBN)

That Sound You Hear Is the Euro Cracking
(DBN)

______________

PIIGS:

Everyone is talking about an 11-year-old boy's solution to the Greek crisis
(DBN)

Will Greek CDS ever trade again?
(DBN)

Greece Faces Bond-Swap Holdouts
(DBN)

Spain: No Austerity Here
(DBN)

Interest Costs To Lift Spain Debt Burden This Year
(DBN)

Spain Yields Rise, Demand Weakens in Bond Auction
(DBN)

Buffet pal and US billionaires shop for distressed businesses in Ireland
(DBN)

______________

Canada:

Canada Boosts Housing Oversight as Banks Warn on Economy
(DBN)

______________

MENA:

Dubai's Drydocks World edges closer to restructuring approval
(DBN)

______________

China:

China's Central Banker Sees Risk of Global Recession
(DBN)

______________

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Copyright 2012