August 24, 2012

The Daily Bankruptcy News

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Law:

Cozen Partner Says NY Judge Put ‘Wanted’ Posters with His Face in Court, Drew Bull’s-Eye on Photo --- Claims Judge Called Him a ‘Piece of S---’
(DBN)

Ex-Partner: $1M Salaries Should Satisfy BigLaw Partners
(DBN)

Landlord Cleared to Evict Marijuana Dispensary
(DBN)

From Biglaw to Boutique: Your Most Important Client
(DBN)

Do Law Firms Undervalue Good Lawyering?
(DBN)

Law Firm Sues Regions Bank over Alleged Paralegal Pilfering
(DBN)

Judge Lets Client's Claims Against Nixon Peabody Proceed in Fee Dispute
(DBN)

UK: SRA approves private equity buyouts of law firms
(DBN)

"They are law professors. They take long vacations, eat out a lot, and study the insides of their eyelids frequently"
(DBN)

Law School Transparency: Candor --- Unemployment
(DBN)

'Law school p---' — it's probably not worth the expense, research suggests
(DBN)

Former Allen & Overy partner arrested on child p--- charges
(DBN)

Should This Child P--- Aficionado Be Readmitted to Law School?
(DBN)

New Model Jury Instructions Tell Jurors to Turn In Others Who Flout Social Media Ban
(DBN)

Murray & Murray: Giving New Meaning to Family Law
(DBN)

If Star Wars Launched A Law Firm
(DBN)

Prosecutors Say Indicted PI Lawyer Kept Settlements, Stonewalled 3 Clients, Sent Fake Letters
(DBN)

Phyllis Diller’s Paul Hastings Connection: Law Firm Co-Founder Was ‘Love of My Life’
(DBN)

Putting ‘A’ on Law School Cookies Poses Problem for Alabama Bakery, Cease-and-Desist Letter Says
(DBN)

Court OKs Son as Dad's Lawyer in Divorce from Mom
(DBN)

Strange Vendetta of the Day: ‘Legos Lied to Me as a Kid’
(DBN)

TSA and Delta Force Couple Off Plane For Wearing Tee-Shirt Mocking TSA
(DBN)

Say What?!
(DBN)

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Judges:

Judge dumb'struck'
(DBN)

Texas Judge Sees Prospect of Civil War and UN Takeover if Obama Is Re-Elected --- Calling This Judge A ‘Clown’ Is Insulting To Clowns
(DBN)

Judge slept with Mountie: Convict
(DBN)

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Wall Street:

Stock index futures signal slight gains
(DBN)

Stocks close down; Fed moves seem less like a sure thing
(DBN)

UBS says Nasdaq's Facebook compensation plan inadequate
(DBN)

Citigroup Letter Rips Nasdaq's Handling Of Facebook IPO
(DBN)

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Layoffs:

Applications for US Unemployment Aid up Slightly
(DBN)

When the Jobless Rate Was 25%
(DBN)

The Best- And Worst-Paying Jobs For Young People
(DBN)

Got a Degree: Get Ready to Settle for Retail Job
(DBN)

Why This Long-Term Unemployed Woman Turned Down A Job Interview
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Media:

Junior creditors block Tribune rescue plan --- Judge to stay plan pending $1.5 billion creditors bond
(DBN)

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Telecoms:

Broadview Networks files for pre-packaged bankruptcy
(DBN)

S&P cuts Broadview Networks notes rating to 'D'
(DBN)

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Lehman:

Lehman Deals with Deutsche Bank, Wilbur Ross OK'd
(DBN)

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Personal Finance:

How Much You Should Tip For Every Service
(DBN)

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Aviation:

AMR Seeks Bankruptcy Court OK of TWU Labor Deals
(DBN)

American Airlines to judge: Don't make us reargue the whole pilot case
(DBN)

Pilots at American Airlines plan strike vote --- American Airlines: The pilots can’t strike --- Likelihood of strike unclear --- Strike talk from American Airlines pilots hits the bottom line --- S&P: Pilot strike vote is to influence American Airlines, creditors committee --- S&P: American pilots not poised to strike
(DBN)

APA national officers, board of directors meet with Doug Parker, other US Airways executives
(DBN)

Board of bankrupt Pinnacle Airlines gets update on headquarters costs
(DBN)

Don't Fly Standby With Kids During the Summer When You're Broke
(DBN)

Things You Can't Do on a Plane: Vol. 23
(DBN)

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Video Games:

RI's risky deal with Schilling focused on jobs
(DBN)

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Politics:

It's Elizabeth Warren vs. Mr. Personality in Massachusetts
(DBN)

Texas Pol Sees 'Civil War' If Obama's Re-Elected
(DBN)

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Economy:

US weekly jobless claims rise to 372,000
(DBN)

Household income is below recession levels --- Big Income Losses for Those Near Retirement
(DBN)

Romney: Bernanke Will be Replaced at Fed
(DBN)

What's Happening to the Middle Class? --- Here's What's Actually Killing The Economy... The Decline Of The Middle Class
(DBN)

The End Of US Economic Growth
(DBN)

New York Fed sells last of its AIG assets, ending ties with firm
(DBN)

Household formation among young adults shows no sign of recovery
(DBN)

Consumer credit default rates improve further in July 2012
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Mass. tells Fannie, Freddie to follow new mortgage law
(DBN)

House Prices Rose Most Since 2005 in Second Quarter, FHFA --- Signs of Revival, Slight but Sure, for Home Sales
(DBN)

Mortgage rates extend upward journey
(DBN)

A Huge Number Of Young Homeowners Are Trapped By Underwater Mortgages
(DBN)

New FHFA short sale cap may equal big losses on some second liens
(DBN)

GOP: All Talk on Eliminating Tax Breaks
(DBN)

Ezra Klein Deems Joe Stiglitz, Paul Krugman, and Elizabeth Warren (Plus Other Serious People)Not Credible
(DBN)

Credit Suisse Sued by Sealink Over Mortgage Securities
(DBN)

Fannie adds four more large mortgage servicers to top-performing list --- Fannie Mae Ranks Banks in 'Robo-Signing' Settlement as Top Servicers
(DBN)

Greed, Not Government, Led Housing Market to Ruin
(DBN)

Borrower fraud declines on FHA-backed mortgages
(DBN)

____________

IP:

Apple Appeals Kodak Bankruptcy Court Patent Case Ruling
(DBN)

______________

Weather:

Extreme drought closing in on Kansas --- Indiana --- Oklahoma --- Intensifies in key farming states
(DBN)

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Apparel:

More details on Mark Shale's bankruptcy
(DBN)

______________

Oil/Gas:

ATP claim over bankruptcy cause doesn't hold water
(DBN)

______________

Retailing:

Mark Shale tries on Chapter 11 again
(DBN)

______________

Municipalities:

More talks for Stockton, creditors in city's bankruptcy case
(DBN)

Stockton Bankruptcy May Force 'Mass Exodus' Of Police During Crime Wave
(DBN)

Stockton Bankruptcy Attorneys Set Stage For Court Battle
(DBN)

Creditors of Stockton Fight Over Pension Funding While in Bankruptcy
(DBN)

Stockton mediator helps settle Mammoth Lakes' bankruptcy --- Judge lends bankruptcy experience to Stockton
(DBN)

San Bernardino: Mayor's veto could affect bankruptcy
(DBN)

Pennsylvania judge asks Harrisburg receiver to justify tax hike
(DBN)

Does the state have the constitutional right to force Harrisburg to raise taxes?
(DBN)

The Movie Flop That Sank a Michigan Town
(DBN)

Bankruptcy fears cast cloud over munis
(DBN)

Moody's report gives state reason for concern
(DBN)

Debt Defaulting Most Delivers Biggest Market Return
(DBN)

The Most Distressed Cities In America
(DBN)

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Religion:

Iowa diocese must list names of 3 accused priests
(DBN)

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Autos:

Forbes Is Wrong About GM
(DBN)

Opel to Halt Production at Two Plants
(DBN)

______________

Soccer:

Chainrai reveals plans to take over debt-ridden Pompey in two weeks
(DBN)

______________

Corporate Governance:

Richard Posner on Why Corporate Governance Is Broken
(DBN)

Citizens United and the fight for shareholder rights
(DBN)

______________

Photography:

Kodak to sell retail print, document imaging businesses --- Hires Lazard
(DBN)

______________

Celebs:

Jose Canseco sues Worcester Tornadoes
(DBN)

______________

Distressed Investing:

Distressed Fund Led by Alp Ercil Said to Raise $940 Million
(DBN)

Distressed-Debt Workout Firm Gets $84 Million in Loans From Goldman
(DBN)

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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 (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)

______________

Bankruptcy Statistics:

Bankruptcy, like Social Security and Medicare, has become a new rite of passage for older Americans
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Constitution:

The Contracts Clause versus the Bankruptcy Clause: Bankruptcy Court Holds Bankruptcy Clause Reigns Supreme
(DBN)

______________

Venue:

Will Patriot Coal's Chapter 11 Case Get Kicked Out Of New York? --- US joins call to move Patriot Coal bankruptcy case
(DBN)

______________

Forward Contracts:

Fifth Circuit Upholds Broad Reading of Forward Contract in Applying Safe Harbor of Section 546(e)to a Requirements Contract
(DBN)

______________

Bankruptcy Rules:

Comment Period Open for Proposed Changes to Federal Rules
(DBN)

______________

Litigation:

Too Many Cooks in eDiscovery
(DBN)

In Big Win for Plaintiffs, Justices Upend 80-Year-Old Rule on Joint and Several Liability
(DBN)

______________

Food/Beverage:

Hostess Proposes Slashing Costs in Bid to Exit Bankruptcy
(DBN)

Hostess' tough road out of bankruptcy
(DBN)

______________

Fraud:

Fees sought in Rothstein lawsuit
(DBN)

______________

Student Debt:

Law Prof: Why Discharging Student Debt in Bankruptcy is Good for Lenders
(DBN)

______________

Alternative Energy:

Energy loan watchdog an Obama donor
(DBN)

Seagate offers $90.3 million for Solyndra property --- Solyndra plant may sell at huge loss
(DBN)

______________

Accounting:

KPMG could reduce headcount by 3%
(DBN)

______________

Compensation:

Are Banks Soft-Pedaling Clawbacks?
(DBN)

Bonuses lost as more banks claw back pay --- Banks more aggressive on bonus claw backs
(DBN)

______________

UK:

UK GDP revised upwards – but economy remains in double-dip
(DBN)

UK: Quantitative Easing Was Best for the Rich
(DBN)

______________

EU:

European Stocks Sink Following Awful PMI Reports --- Euro-Zone Business Activity Points to Recession
(DBN)

______________

PIIGS:

Merkel says to urge Greece to stick with reforms --- Merkel, Hollande press Greece to pursue reforms --- Greece really is going to start selling islands --- Selling Assets Among the Ruins --- Merkel Seeks to Keep Greece on Path in Hollande Talks --- T-bills provide a lifeline until October --- Schaueuble acknowledges Greek difficulties but opposes new deal --- Germany is not bluffing
(DBN)

Report: Spain Negotiating With Eurozone Over Sovereign Aid --- Spain to intervene faster in ailing banks: sources
(DBN)

______________

Canada:

Aveos sale 'fishy,' says losing bidder
(DBN)

______________

Vietnam:

Vietnam arrests former bank director, widening probe into irregularities in shaky sector
(DBN)

______________

Poland:

Budimex down 6pct after railway unit files for bankruptcy
(DBN)

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Copyright 2012