December 13, 2012

The Daily Bankruptcy News

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Law:

Bonus Watch: White & Case Matches (in New York)
(DBN)

Lateral Hiring Done ‘Wright’ (Part I)
(DBN)

Lateral Hires & Guarantees Deconstructed
(DBN)

Cautious Optimism Prevails: AmLaw’s Law Firm Leaders Forecast for 2013
(DBN)

Greenberg Traurig, Skadden, Shearman: Business of Law
(DBN)

Five Signs You Aren’t Going to Make Partner
(DBN)

After Spending $150K On Law School, Recent Grads May Become Bloggers
(DBN)

NYPD Picture Shows Law Student Shooting Victim Being Stalked Before Execution
(DBN)

Stealth Lawyers: The Zagats, Founders of Zagat Survey LLC
(DBN)

Career Alternatives for Attorneys: Restaurant Surveyor
(DBN)

Women in Law: Losing Ground?
(DBN)

Backwards and In Heels: Why Women Make Better Attorneys
(DBN)

Women associate numbers drop for third straight year
(DBN)

DLA Piper prepares to cut staff and lawyer numbers across Asia Pacific
(DBN)

Contemplating an Encore Career? Ex-Lawyer Has Some Advice
(DBN)

This Is How Much Law School Should Really Cost
(DBN)

Law Profs Have Loud Holiday Party In The Library During Exam Period
(DBN)

Why Wannabe Lawyers Should Learn To ‘Pivot’
(DBN)

Trial Lawyer Does Double Duty as SLU Law Dean While Winning $25M in Settlements
(DBN)

Court Papers: Schultz Could Sue Ex-Penn State GC For Malpractice
(DBN)

NY: Unlicensed Practice of Law Boosted to Felony
(DBN)

Gender Discrimination Plaintiff Seeks Venue Change in Greenberg's Motion for Arbitration
(DBN)

To-Do Lists Are Outdated And Cause More Problems Than They Solve
(DBN)

Why Lawyers Need (Yet Don't Hire) Coaches
(DBN)

A Blind Man Is In Jail For Hitting His Girlfriend With A Car While Drunk
(DBN)

Chicago Lawyer Settles with Southwest Airlines in Class Action over Rescinded Free-Drink Coupons
(DBN)

Trio Of 13-Year-Old Boys Busted For Knifepoint Candy Robbery At Walgreens
(DBN)

Hall And Oates Involved In Bloody Battle
(DBN)

Former NJ lawyer admits embezzling law-firm funds
(DBN)

Rapper's Sworn Testimony Worthy Of Comedy Award
(DBN)

Mug Shots
(DBN)

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Judges:

California tops Judicial Hellholes list
(DBN)

Man arrested for burning flag at bankruptcy court
(DBN)

A Supreme Court Justice's Husband Tried To Get Her To Pop 'Disco' Drugs
(DBN)

The Nation's Courts Are Going To Be In Big Trouble If We Go Over The Fiscal Cliff
(DBN)

Ga. Judge Takes Theft Plea and Resigns; 8 State Jurists Left Office This Year After Conduct Probes
(DBN)

Should Scalia step aside in gay marriage cases?
(DBN)

The Animus of Antonin Scalia
(DBN)

Meet The Princeton Student Who Challenged Justice Scalia
(DBN)

Scalia's Domino Theory
(DBN)

The troubling territory Justice Scalia has entered
(DBN)

Judge credits knife-wielding thug for 'taking care not to inflict life threatening injuries' on victim he stabbed 5 times
(DBN)

Judges Needed for Federal Courts
(DBN)

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Wall Street:

US Stock Futures Lower Ahead of Claims
(DBN)

Stocks close flat after Fed statement
(DBN)

Are You Wall Street's Patsy?
(DBN)

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Layoffs:

The 50 Best Companies To Work For In 2013
(DBN)

Barclays may cut up to 2000 investment banking jobs
(DBN)

15 Million Jobs Are Missing From The Private Sector
(DBN)

Home Building Boosts Construction Employment
(DBN)

Fewer CEOs Expect Hiring Dip in Next 6 Months
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

AMR Notes Rise as Analysts Say Merger More Likely
(DBN)

AMR creditors prefer all-stock merger with US Airways: sources
(DBN)

American Airlines CEO will speak to pilots' union --- AMR Pilots Ready to Move on Merger as CEO Briefing Nears
(DBN)

Hawker Beechcraft Gets OK To Liquidate Jet Inventory
(DBN)

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Politics:

Warren Is Nominated for Senate Banking Committee
(DBN)

Kansas Senate’s budget committee chairman filed for bankruptcy in 2010
(DBN)

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Food/Beverage:

Can Union Backed Crowdfunding Rescue Hostess From Bankruptcy ?
(DBN)

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Health Care:

Montefiore eyes bankrupt Bronx hospital
(DBN)

Kaiser Permanente Workers Picket Over Layoffs of 500 Employees
(DBN)

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Tax:

Deutsche Bank Co-CEO And CFO Under Investigation In Tax Probe
(DBN)

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Economy:

Bernanke: Fed's ability to support US economy is limited
(DBN)

Federal Reserve agrees to buy more Treasuries --- Stocks Rise, Led by Banks
(DBN)

Bernanke: Fed Could Unleash More QE If We Go Over The Fiscal Cliff
(DBN)

Treasurys fall as Fed unveils more stimulus
(DBN)

Fed Will Keep Rates Low As Long As Unemployment Is Above 6.5%, Inflation Below 2.5% --- Forecast Main Rate to Stay Near Zero Until 2015 --- Growing Sentiment Says Raising Interest Rates Could Benefit Economy
(DBN)

Consumer credit rises to record $2.753 trillion in October --- Student loan debt rises to $956 billion
(DBN)

US CEOs' view of economy slips a tad amid cliff debate
(DBN)

Conservatives Are Threatening To 'Systematically Replace' Republicans Who Agree To A Deal On The Fiscal Cliff
(DBN)

Map: Where Incomes Have Tumbled Since 2007
(DBN)

CFOs Are Shaky at the Cliff's Edge
(DBN)

The Fiscal Cliff Doesn't Arrive Dec. 31
(DBN)

What America Will Look Like In 2060
(DBN)

1 in 2 Americans Indicate They Are Living Paycheck to Paycheck
(DBN)

Dimon: The Table Is Set For The US Economy To Finally Boom
(DBN)

Millionaires Seek Trust Shelter as Bush Tax Cuts May End
(DBN)

Does Federal Government Rescue Create Fiduciary Duties?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

New foreclosures lowest in six years in November: RealtyTrac
(DBN)

Bank repossessions hit 9-month high in November
(DBN)

Big five banks see 41% drop in pre-foreclosures
(DBN)

Mortgage delinquency rate stuck above 5%
(DBN)

Southern California posts most November home sales since 2006
(DBN)

California dominates sellers markets
(DBN)

CFPB Halts Alleged California Loan Mod Scams
(DBN)

Mozilo Unbowed Says Countrywide Was ‘World-Class Company’
(DBN)

Finance, insolvency & restructuring alert - more legal maneuvering over the scope and applicability of Michigan’s “one action” rule governing mortgage foreclosures by advertisement
(DBN)

TransUnion: 2013 Mortgage Delinquency Rate To Stay Above 5%
(DBN)

Millennials Will Have A Hard Time Entering The Housing Market
(DBN)

Brevard County leads the US in foreclosures
(DBN)

Fitch: No existing financial entity can replace Fannie, Freddie multifamily
(DBN)

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Municipalities:

Bankruptcy Court Powerless to Prevent Retiree Benefit Reductions by Municipal Debtor
(DBN)

Bond Buyer California Public Finance Conference Video Recap Part I
(DBN)

South Bay rejects county's rescue plan for bankrupt Glades water utility
(DBN)

CA prison psychiatrist make 5X as much as governor
(DBN)

Judge: Jeffco Commissioners can be put under oath
(DBN)

Snyder: Detroit ' bankruptcy is a possibility,' but not desired
(DBN)

Jon Stewart Blasts Michigan's Right-To-Work Law With An Amazing Union Rap
(DBN)

Utah Tops List Of The Best States For Business
(DBN)

San Bernardino, county to appear in bankruptcy court Thursday
(DBN)

The Great California Exodus Continues
(DBN)

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Celebs:

Lindsay Lohan's Probation Revoked, Faces 8 Months In Jail
(DBN)

Looks like Warren Sapp lied about losing his Super Bowl ring
(DBN)

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Hollywood:

Digital Domain auction sale: Computers, furniture from Digital Domain auctioned off Tuesday
(DBN)

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Student Debt:

How to Fix the Student Loan Crisis (for Real This Time)
(DBN)

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Education:

Lon Morris College estate asks court to OK pay for employees before holidays
(DBN)

LMC bankruptcy estate investigating potential claims against former president and auditor
(DBN)

Sorry English Majors, But You're All "Soft" And Destined To Work In A Shoe Store
(DBN)

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Autos:

Obama’s Bet on GM Hangs on New Pickup Boosting Share Price: Cars
(DBN)

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Defaults:

These Companies May Not be Around After 2013
(DBN)

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Software:

Dragon Systems Founder Says ‘Part of Me Died’ at Trial
(DBN)

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Photography:

Kodak Meeting Today – Getting Out Of Bankruptcy
(DBN)

______________

Alternative Energy:

Wanxiang's purchase of A123 remains uncertain: report
(DBN)

China Wins, U.S. Loses In A123 Bankruptcy
(DBN)

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Environmental:

Tronox Trust Ends Arguments in $14 Billion Anadarko Case
(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 (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

Bankruptcies continue to fall
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Appeals:

Bill on Bankruptcy: Circuits Split on Raising Issues on Appeal
(DBN)

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Sales:

Sale "free and clear" does not extinguish sublessee's right to remain in possession
(DBN)

______________

Mootness:

In re Charter Communications: Driving the Equitable Mootness Wedge Deeper?
(DBN)

______________

Claims Trading:

Claims-Trading Hobgoblins Redux?
(DBN)

______________

Sales:

Big Mac Bankruptcy
(DBN)

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IP:

Recent Bankruptcy Appellate Rulings on Trademark Licenses
(DBN)

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Jurisdiction:

Ninth Circuit Weighs in on Stern: Absent Waiver, Non-Claimant Defendants Entitled to Final Adjudication in District Court
(DBN)

______________

Recent Pleadings:

Bond Insurer Says Jefferson County Stonewalling, Seeks Court Help For Discovery
(DBN)

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Litigation:

Third Circuit Clarifies Standard for Overriding Attorney-Client Privilege
(DBN)

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Fraud:

Tiger Asia Admits Guilt in $60 Million Court Settlement
(DBN)

Ex-Mizuho Banker Gets 32 Months for Leaking Tips to Girlfriends
(DBN)

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Insurance:

D&O Insurance: Professional Services Exclusion Does Not Preclude Coverage
(DBN)

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Banking:

FDIC approves $2.68 billion 2013 operating budget
(DBN)

Why You Can't Sue Your Bank
(DBN)

Bank Scandals Since the Financial Crisis
(DBN)

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Cross-Border:

Clarity on cross border insolvency enforcement
(DBN)

US Court in Chapter 15 Case Refuses to Enforce Mexican Court Order Discharging Non-Debtor Guarantors
(DBN)

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Claims:

I’ll Make Your Airplane Parts, but I Won’t Indemnify You: Texas Court Says An Indemnity Obligation is a Claim
(DBN)

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Pharma:

K-V Pharmaceutical Secures Commitment for $85 Million Loan, Reaches Agreement with Senior Noteholders on Principal Terms of Plan of Reorganization
(DBN)

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Resorts:

Gov. of Singapore’s $1.5 Billion Bid for Four U.S. Resorts Holds Up in Bankruptcy Court
(DBN)

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Sovereigns:

Recent Rulings on Sovereign Debt Restructurings
(DBN)

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UK:

Unemployment falls as private sector jobs hit all-time high
(DBN)

'Zombies' putting the bite on Begbies Traynor profits --- Begbies' leaner, but the market's meaner
(DBN)

______________

EU:

Company Insolvencies May Be Publicized Under EU Draft Rules
(DBN)

Unilever CEO sees 10-year Europe economy slump
(DBN)

Europe Agrees To Make The ECB Its Banking Supervisor
(DBN)

______________

PIIGS:

Greece considers bond buyback from PSI holdouts --- US court ruling against Argentina threatens Greek Collective Action Clause --- Greece's lenders call bond buyback a success, endorse aid
(DBN)

Borrowing Costs Slide At Italy's Latest Bond Auction --- Little credit impact from Italy political storm: Moody's
(DBN)

______________

Slovenia:

Slovenia must speed up bankruptcy procedures -c.bank
(DBN)

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Austria:

Salzburg facing bankruptcy from alleged rogue traders 3bn losses
(DBN)

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Hong Kong:

IMF Sounds The Alarm On The Hong Kong Housing Bubble
(DBN)

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Copyright 2012