April 9, 2012

The Daily Bankruptcy News

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Law:

Legal Jobs Dip In March
(DBN)

Former Dewey Partner Opens Up About Pay, Leadership and What May Be Next --- Dewey & LeBoeuf Structured Finance Chief to Join Mayer Brown; 47th Partner to Exit in 2012
(DBN)

New suit drags Kirkland into Ted Forstmann gambling scandal
(DBN)

Dealmakers of the Year 2012
(DBN)

Drinker's PPP Up 7.7 Percent, Revenue Up 2.4 Percent
(DBN)

Class of '78: Still going after all these years
(DBN)

It's a bird. It's a plane. It's Paul Clement!
(DBN)

Frost Brown Todd attorney shares bankruptcy law expertise in Latvia
(DBN)

Moonlighting: You Know You Work In-House If…
(DBN)

The In-House World According to Ben Heineman Jr.
(DBN)

Plaintiffs' lawyers protest BP steering committee fee
(DBN)

Step Outside the Billing Bowl to Create New Recipes
(DBN)

How To Quit Your Job Without Burning Your Bridges
(DBN)

Law Firm and 3 Partners Ordered to Pay Consumers $670K in Claimed Health Insurance Scam
(DBN)

Detroit City Attorney Loses Law License for 90 Days for Lying
(DBN)

Police Raid Law Office, Arrest Attorney Accused of Trading Legal Services for Prescription Drug
(DBN)

The Baylor Law Data Dump, Now With Race and Scholarships --- Baylor Law Admissions Data Shows Tiny Affirmative Action Bump
(DBN)

Law Students At The Library: Like Seeing Lions In The Wild
(DBN)

Law School Transparency: The decline of American journalism
(DBN)

Making Law School Education More "Versatile"
(DBN)

First, Let’s Indenture All The Lawyers
(DBN)

I Still Live with My Mom
(DBN)

Lawyerly Lairs: Litigator Laps Up Malibu Mansion (For A Cool $10 Million)
(DBN)

Seeking an End to an Execution Law They Once Championed
(DBN)

'Cruel' Prison Conditions Decried in Arizona --- Long Island Jails Intolerable
(DBN)

Is Tweeting From the Courtroom by Reporters Too Distracting for Jurors?
(DBN)

Woman Accused Of Texting While Driving With Baby On Her Lap
(DBN)

Senior class photo spells trouble
(DBN)

What Happens When You Shoot A Bullet Through The Floor?
(DBN)

Police pose as giant bunnies to catch illegal drivers
(DBN)

Purchase of Old Stock Certificate Is New Version of ‘Beverly Hillbillies,’ Judge Says
(DBN)

Vicious cows?
(DBN)

Say What?!
(DBN)

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Judges:

Controversy Now Centers on 5th Circuit Judge Who Sought AG Input re Obama ‘Judicial Activism’ Remark --- Allies: Judge upset by Obama remarks not political --- The 5th Circuit Court's insult to Obama --- Other presidents took on high court before Obama --- Toobin: Judges ‘deranged’ by Obama hatred
(DBN)

Justice Sotomayor Offers Career Advice for Women Lawyers Facing Slights
(DBN)

During Penn Dedication, Sotomayor Voices One Regret
(DBN)

9th Circuit Committee Appointed to Investigate Ethics Complaints over Judge’s Racist Email
(DBN)

Justice Thomas Tells Students He’s a ‘No-Frills Guy’ Who Doesn’t Read the Times
(DBN)

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Wall Street:

US stock futures point to post-jobs-data losses
(DBN)

Earnings season starts with ominous signs
(DBN)

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Layoffs:

An unpleasant employment surprise
(DBN)

Crawling Out of a Very Deep Hole
(DBN)

Jobs: It’s quality, not quantity
(DBN)

Silver lining in weak jobs report: underemployment down
(DBN)

Where do people go when they drop out of the labor force?
(DBN)

Congressman calls for change to how govt measures unemployment
(DBN)

What the 'End of Retail' Means for Young Workers
(DBN)

Federal funds to train jobless running dry
(DBN)

9 cities where workers see businesses hiring
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Tax Haven Crackdown Creates Opportunities for Bankers
(DBN)

Banks Always Win
(DBN)

Unofficial Problem Bank List
(DBN)

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Aviation:

Court Order Restricts Trading Of Equity And Debt Claims Against Pinnacle Airlines
(DBN)

Pinnacle Airlines' Bankruptcy Creates Downtown Uncertainty
(DBN)

Nasdaq moves to delist Pinnacle stock
(DBN)

Mistakes in merging Pinnacle and Mesaba lead to bankruptcy
(DBN)

Air Canada is flying into stormy future
(DBN)

Air traffic controller dismisses valid emergency landing call as a prank
(DBN)

Pilot Defamed as Threat Can Collect $1.4 Million
(DBN)

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Credit Counseling:

Debt Relief: It's a Crime How It Works
(DBN)

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Economy:

Four Fed Regional Bank Presidents See Less Need for New Easing
(DBN)

Jobs numbers disappoint, fall far short of 200,000 --- Disappointing jobs data may be skewed by data quirks
(DBN)

High Unemployment May Dog US for Years
(DBN)

Government job losses dragging down growth
(DBN)

Americans' Spending Up Sharply in March
(DBN)

Bernanke Warning on Jobs Vindicated by March Payrolls Report
(DBN)

CEO Pay at AIG, GM, Ally Won't Rise This Year, Treasury Says
(DBN)

Where your taxes go
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Fed issues guidelines for banks turning foreclosed homes into rentals
(DBN)

Judge Rules Wells Fargo Engages in “Reprehensible,” Systemic Accounting Abuses on Mortgages, Hit with $3.1 Million Punitive Damages for One Loan
(DBN)

HUD Secretary on Principal Reductions
(DBN)

Mortgage servicers modify 63% of HAMP-eligible second liens
(DBN)

Lack of Competition Stifles Refinance Program for Underwater Homeowners
(DBN)

Housing scorecard points to stability in market
(DBN)

Divergent foreclosure trends pop up in Fed's fourth district
(DBN)

Seized homes neglected in minority areas, report finds
(DBN)

Recovery lags where housing boomed
(DBN)

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Autos:

Government freezes GM CEO's pay
(DBN)

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Municipalities:

Official sounds warning on Los Angeles budget, which faces $222 million shortfall --- Warns of bankruptcy without tax hikes, layoffs
(DBN)

Names and addresses of more than 3,200 current and former Jefferson County employees removed from public view in bankruptcy case
(DBN)

Throwing Money (Literally)Down the Sewer - Jefferson County and Warrant Holders Square Off on Sewer System Operating Expenses
(DBN)

Bank circles over Stockton before the life's gone
(DBN)

Deal Might Be The Key To Save Detroit
(DBN)

Harrisburg's sad saga is about to take another turn
(DBN)

Despite recovery, U.S. public employees face more layoffs
(DBN)

Best Cities For Raising A Family
(DBN)

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Fraud:

Dueling trustees wrestling in courts over Petters profits
(DBN)

2 former bank executives accused of fraud --- Charged with hiding condition of failed Texas bank
(DBN)

Former Tyco CEO Kozlowski denied parole
(DBN)

Feds Move Against U.S. Fidelis Honchos
(DBN)

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Corporate Reform:

How Wall Street is encouraging regulators to overreach
(DBN)

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Celebs:

Report: Warren Sapp files for bankruptcy in Florida --- To Lose NFL Network Gig?
(DBN)

Young Buck's Music To Be Auctioned Off Next Month
(DBN)

The Broke and the Beautiful: Newt Gingrich Edition
(DBN)

Magic Johnson's Meat Company Suffering Because of Pink Slime
(DBN)

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Photography:

Kodak, Under Bankruptcy Protection, Wants To Hand Out $13.5M In Bonuses
(DBN)

Government opposes bid by Kodak shareholders for voice in bankruptcy case
(DBN)

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Energy:

Dynegy deal clears air with creditors
(DBN)

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Alternative Energy:

Solyndra Redux: Feds Prep Another Round of 'Green Energy' Loans
(DBN)

U.S.-backed battery company's sale to Russian tycoon sparks anxiety
(DBN)

Fisker plan to build cars in Delaware in doubt
(DBN)

Treasury oversight of Solyndra loan was cut short
(DBN)

Putting the Brakes on the World's Largest Solar Project
(DBN)

Don't expect solar bloodbath to let up this year
(DBN)

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Tax:

Odds favor IRS in U.S. Supreme Court tax cases
(DBN)

The People vs. IRS
(DBN)

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Derivatives:

Clearinghouse Default Process Needs Clarity, Swaps Users Say
(DBN)

FDA for Derivatives Won’t Defuse Wall Street’s Bombs
(DBN)

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Retailing:

Mall Vacancy Rate declines slightly in Q1
(DBN)

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Bankruptcy Crimes:

Honolulu man charged with $140K bankruptcy fraud
(DBN)

______________

Horse Racing:

Feds reject Yavapai Downs bid
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Sales:

District Court Upholds Future Claimants' Due Process Rights Against Broad Releases in Section 363 Sale Order
(DBN)

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Unexpired Leases:

With Great Power Comes Great Responsibility: Delaware Bankruptcy Court Holds Debtor-Lessee Cannot Reject Lease Until It Surrenders Possession Of The Premises
(DBN)

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Avoidance Actions:

Litigation Trustee for Jennifer Convertibles Starts Bankruptcy Preference Adversary Proceedings
(DBN)

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Litigation:

Weighing the Risk of Discovery When Corporations Email Outside Directors
(DBN)

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Health Care:

Red tape led to closing of Cheboygan hospital --- Details emerge
(DBN)

Daytop Village Files for Bankruptcy
(DBN)

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Oil/Gas:

High Gas Price: Thank You Goldman Sachs
(DBN)

$7 Gas In CA
(DBN)

Nothing to fear from $4 gas
(DBN)

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Consumer Finance:

Borrowing up but consumers resist credit cards
(DBN)

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Baseball:

MLB Wants Dodgers to Cover League's $7.6 Million Legal Costs in Team's Bankruptcy
(DBN)

Dodgers sale: Are there cracks in the deal? --- No real issues seen over winning Dodgers group's paperwork delay --- Dodgers' Bankruptcy Recovery Plan Hinges on $2 Billion Team Sale --- Dodgers to File Amended Bankruptcy Recovery Plan --- Dodgers say bankruptcy case is on track --- Filing hints at Dodgers' post-sale structure
(DBN)

Dodgers Bankruptcy -Exit Hearing April 13 --- Dodgers see path to home --- Expected to Emerge From Bankruptcy On April 30
(DBN)

Frank McCourt gets $1.588 billion from Dodgers' sale, court papers show
(DBN)

The Dodger Deal And A Big Prop. 13 Loophole
(DBN)

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MF Global:

MF Global creditors list new assets, say trustee not helping
(DBN)

Once object of suspicion, MF Global trustee wins over customers
(DBN)

MF Global Unit May Have Moved $717M In Customer Funds, Creditors Say
(DBN)

Caught Between MF Global And The Tax Man
(DBN)

Tense times at Chicago's financial exchanges
(DBN)

JPMorgan and MF Global Trustee Hold Talks Over Claims
(DBN)

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Telecoms:

What does a bankrupt LightSquared have to offer? Not much.
(DBN)

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Religion:

Judge blocks release of prelates' testimony on sex-abuse policies --- Bankruptcy court ruling on testimony doesn't help victims
(DBN)

Diocese and Bishop Are Still on the Hook
(DBN)

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Compensation:

America's Highest Paid CEOs
(DBN)

Apple CEO's pay for 2011 valued at $378 million
(DBN)

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Sovereigns:

Revival on the Head of a Pin: Do U Pari Passu?
(DBN)

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UK:

Rangers manager talks to US bidder for club
(DBN)

Aberdeen City Council was on brink of bankruptcy, claims former leader
(DBN)

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EU:

European Stocks Fall for Third Week as Spain Bonds Drop
(DBN)

European bank bailout looks more and more like a pyramid scheme
(DBN)

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Switzerland:

Switzerland Agrees to German Bank Inspectors
(DBN)

______________

Vietnam:

Fisheries companies fear insolvency
(DBN)

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Copyright 2012