August 15, 2012

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Law:

Dewey Delays: Deadline for ‘Clawback’ Settlement Extended --- Settlement deal in Dewey bankruptcy nears end --- Not me
(DBN)

Fee Watchdogs Charge AMR Thousands of Dollars
(DBN)

A Summer Associate Story Update: In Defense of the Fitzpatrick Cella Fella
(DBN)

Proskauer accounts show cost of London expansion drive
(DBN)

Why Doesn’t Every Biglaw Firm Have An Office In Wheeling, West Virginia?
(DBN)

Buying In: On the Inside
(DBN)

Procrastination Can Be Managed, with Right Attitude and Skills, Experts Say
(DBN)

Drexel Law Prof to Use $500K Grant to Expand LawMeets, an Online Lawyering Skills Platform
(DBN)

Law School Transparency: To the Class of 2015
(DBN)

Alumni couple gives $1 million to Kansas Law
(DBN)

Cybersecurity Is Top of Mind for General Counsel and Co. Directors
(DBN)

Lawyerly Lairs: Your Own Private Mountaintop — for $18 Million
(DBN)

Prosecutors say JFK plotter ordered hits on lawyers, witnesses
(DBN)

After losing $500M lawsuit against Ernst & Young, Dyadic sets sights on three law firms
(DBN)

Cops: Drunk Driver's Blood Alcohol Level Was Nearly Eight Times Legal Limit
(DBN)

Crocs Founder In Epic Rant After DUI Collar
(DBN)

Kurt Cobain Working At Denny's?
(DBN)

Oregon’s ‘Rain Man’ Reports for 30-Day Sentence in Rainwater Collection Dispute
(DBN)

Is Impersonating a Police Officer Your First Amendment Right?
(DBN)

Zimmerman Lawyer Says Team to Back Off ‘Stand Your Ground’ Defense
(DBN)

Huh?
(DBN)

Hello, 911? Can you drive me to the store for some beer?
(DBN)

Lawyerly Lovebirds Accused of Planting Pills and Pot Now Face a Civil Suit From Alleged Victim
(DBN)

Mug Shots
(DBN)

______________

Judges:

Rakoff to Second Circuit: You Don’t Get It --- Rakoff's jurisdictional gambit in SEC/Citi appeal --- Citigroup CDO judge's chutzpah admirable if doomed --- Rakoff To SEC: I'm Not Here To Rubber-Stamp Your Deals
(DBN)

Judges for Sale
(DBN)

Retired State Supreme Court Judge Takes Justice of Peace Court Bench After Predecessor’s Abrupt Exit
(DBN)

Why Don't the Justices Ever Visit Military Hospitals?
(DBN)

Ethics Classes Ordered for Lawyers Seen Reading Text Message on Judge’s Phone
(DBN)

Allegedly ‘Out of Control’ Judge Faces Official Ethics Charges
(DBN)

______________

Wall Street:

Stock index futures signal slight dip at open
(DBN)

Stocks close mostly lower, prices drop at trading day's end --- Stocks Lose Steam After Confusing Economic Reports
(DBN)

Knight Trading Loss Said to Be Linked to Dormant Software
(DBN)

Goldman execs wins dismissal of TARP, mortgage lawsuit
(DBN)

______________

Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Turnarounds:

Three do's and don'ts for a business rescue situation
(DBN)

______________

Aviation:

AMR CEO, creditors to meet for restructuring update
(DBN)

Bankruptcy judge considers Pilatus' claim against Hawker Beechcraft
(DBN)

Chinese Aviation Company Retains Locke Lord for Hawker Lobbying Effort
(DBN)

_____________

Shipping:

Palm Beach billionaire Wilbur Ross acquires shipping company out of bankruptcy
(DBN)

______________

Finance:

Syndicated loans: when does a no vote count as yes?
(DBN)

______________

Radio:

Inner City Sues YMF Media, CRO Over Office Artwork
(DBN)

______________

Tax:

How to avoid federal income taxes: Make $200 million a year
(DBN)

_____________

Lehman:

Lehman Lives to Pay 18 Cents on Dollar With New Sales
(DBN)

______________

Agriculture:

Earnings May Shrivel Along With the Corn Stalks -- Companies are warning of the wide financial impact of the drought in the U.S. farm belt
(DBN)

______________

Economy:

Private Company Optimism, Forecasts Dip as Uncertainty Persists
(DBN)

Fiscal Cliff Watch: Complacency in Full Swing
(DBN)

Happy Lost Half Decade, America! Just How Japanese Do We Look?
(DBN)

Weird Economic Indicators That You've Never Heard Of
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Fannie and Freddie: The Loan That Can’t Be Repaid
(DBN)

3 Law Firms Among 8 Defendants Sued in Ohio Class Action Claiming Mortgage Servicers Altered Docs
(DBN)

Southern California housing market sees price gains as sales slow
(DBN)

Bankruptcy “strong arm” powers: bye bye mortgage
(DBN)

The Shocking Reason Foreclosures Don't Sell
(DBN)

Shadow Inventory: It’s Not as Scary as It Looks
(DBN)

Federal judge sets Aug. 30 deadline for Ghazi in EpiCentre
(DBN)

____________

Banking:

Standard Chartered Pays $340 Million To Settle New York Case --- Did Standard Chartered Get Off Easy? --- Standard Chartered Shares Rise on Settlement
(DBN)

______________

Corporate Reform:

Wells Fargo to pay more than $6.5 million to settle SEC charges
(DBN)

Why Bother?
(DBN)

Mortgage Industry Splits on Dodd-Frank Rules
(DBN)

______________

Retailing:

Retail results show economic bright spot
(DBN)

Positive Retail Sales Report Isn’t Winning Over Skeptics
(DBN)

______________

Utilities:

ECP liquidation may loom
(DBN)

______________

Candy:

Wolfgang Candy Co. sale hearing set for Wednesday
(DBN)

______________

Paper:

NewPage files bankruptcy reorganization plan
(DBN)

______________

Celebs:

Singer Lauryn Hill Seen Wearing Business Casual In Federal Mug Shot
(DBN)

______________

Municipalities:

City of Los Angeles Bankruptcy May be Coming
(DBN)

Municipal bankruptcy a risk, even where it's disallowed: Fitch
(DBN)

Ex-Bank of America Marketer Tells Jury He Helped Rig Bids
(DBN)

6 U.S. Cities on Edge of a Fiscal Cliff
(DBN)

______________

Debt Collection:

My Shocking First Month as a Debt Collector
(DBN)

Rogue Debt Collectors: What's to be Done?
(DBN)

Learn How to Defeat Debt Collection cases Involving Junk-Debt-Buyers and Other Robo-Signers
(DBN)

______________

Brokers:

JPMorgan to House Client Collateral in Bank After Futures Losses
(DBN)

Peregrine's indicted CEO set to face judge on Friday
(DBN)

______________

Receivers:

Receiver prys open safe of missing Ga. financial adviser
(DBN)

______________

Fraud:

UBS Sues Billionaire for Filing Failed Lawsuit Claiming Fraud
(DBN)

______________

Hotels:

Las Vegas Marriott Loan Suit Dismissed by New York Judge
(DBN)

______________

Religion:

Charles St. AME church, OneUnited square off in court
(DBN)

______________

Tobacco:

Renegade Tobacco Co. moves closer to exiting bankruptcy
(DBN)

______________

Bankruptcy Crimes:

Madison Attorney Pleads Guilty to Bankruptcy Fraud
(DBN)

______________

Politics:

Tarkanian Faces Potential Bankruptcy Over Bond Payment
(DBN)

______________

Autos:

Falling GM stock raises government loss on bailout
(DBN)

Car Loans Easier to Score Than Good Deals
(DBN)

______________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

TOUSA: what’s all the fuss?
(DBN)

______________

Choice of Law:

Whose Choice of Law Governs in Bankruptcy Cases?
(DBN)

______________

Litigation:

Apple Rests Its Case, Samsung Claims Small Victory, and Judge Koh Continues Awesomely Busting Heads
(DBN)

______________

Insurance:

Traditional D&O coverage outstripped by new risks: Willis
(DBN)

______________

Photography:

Kodak: Sales will rise in 2013
(DBN)

Kodak's new business plan
(DBN)

______________

Skiing:

In Ski-Resort Bankruptcy, FDIC Tries Role of Lender
(DBN)

______________

Forest Products:

Sino-Forest files for reorganization plan
(DBN)

______________

IP:

Kodak Gives Apple and Google ANOTHER Chance
(DBN)

______________

Health Care:

Medicare to Penalize More than 2,000 Hospitals for High Readmission Rates
(DBN)

______________

Financial Privacy:

Zip Codes and Internet Searches Populate Database Mines
(DBN)

______________

Telecoms:

Judge urges LightSquared lenders to compromise with Harbinger
(DBN)

LightSquared investigation deadline extended
(DBN)

______________

Boat Building:

Sailboat-maker Morgan files Chapter 11 plan
(DBN)

______________

Pharma:

Cohen's SAC Capital Named to KV Creditor Committee
(DBN)

______________

Sovereigns:

Hickory Argentine Bond Case Again Returned to Trial Judge by Appeals Court
(DBN)

______________

UK:

Economic prospects zigzag as UK business confidence falls to lowest point this year
(DBN)

UK Unemployment Unexpectedly Falls on Olympics Boost
(DBN)

______________

EU:

Euro economy shrinks 0.2 percent in Q2; Germany prevents an even bigger decline
(DBN)

Euro - Area Economy Contracted in 2nd Quarter on Italy, Spain
(DBN)

German Courts Could Say ‘Yes,’ ‘No’ – Or ‘Maybe’
(DBN)

Europe's debt crisis: Eurostat delivers disappointing news
(DBN)

EU Banking Plans Asks ECB to Share Power, Documents Show
(DBN)

______________

PIIGS:

Greece holds biggest debt sale in 2 years
(DBN)

Developer Tom McFeely got rent from 30 properties when filing bankruptcy
(DBN)

______________

Norway:

REC Energy Plans Bankruptcy for Norway Solar Unit
(DBN)

______________

China:

Problems In Chinese Loan Company Zhongdan Highlight Raise Concerns About A Banking Crisis
(DBN)

______________

Brazil:

Bondholders face steep discount in Brazil's Cruzeiro buyback
(DBN)

______________

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2012