December21_, 2012

The Daily Bankruptcy News

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Due to the Christmas holiday, The Daily Bankruptcy News will not publish on December 24 or 25, 2012

Law:

Bonus Watch: Kirkland Associates Did Better Than Cravath, But Not All Of Them Are Happy
(DBN)

The Job That Kills The Humor
(DBN)

Three for 2013: #3 The Practice
(DBN)

Go To Guide - Bankruptcy Law: Charles Beckham Jr.
(DBN)

New York Law School grads can't sue over misleading jobs data --- Appeals Court ‘Troubled’ By NY Law School Job Stats, But Says Lower Court Was Right to Nix Suit
(DBN)

Rejection Letter of the Day: Srry, But Yuo Can’t Spel Gud
(DBN)

Brooklyn Law School Finals Drama
(DBN)

Law School Transparency: Tournament guild
(DBN)

Should state AGs be allowed to use contingency fee lawyers?
(DBN)

Appeals of dueling decisions will proceed in Coudert case
(DBN)

Alabama’s 2011 Law Grads See Improved Jobs Picture, Survey Indicates
(DBN)

How A Tiny Law Firm Got To Defend The Biggest Conservative Causes Of 2012
(DBN)

Successful Lawyer Exhorts New Lawyers To Be More Successful
(DBN)

Commercial Lawyering for the End of the World
(DBN)

"Bad enough to cause her to almost puke"
(DBN)

Lawyer Is Criminally Charged, Accused of Causing Disturbance While Making Courthouse Filing
(DBN)

Photo Gallery: See 6 Holiday E-Cards from Law Firms
(DBN)

Federal Judge Gives La. Woman TRO re Home Rooftop Light Display Featuring Hand with Extended Finger
(DBN)

Judge Tentatively Awards $724K in Attorney Fees for Inmate’s Successful Sex-Change Suit
(DBN)

Daily Gun Slaughter in U.S. Obscured by Newtown Rampage --- The Truth About Israel's Gun Laws
(DBN)

Glamorous Solicitor 2012: The Final
(DBN)

Firm of the Year Update: Filthy lucre at Latham
(DBN)

Mayan end-of-world rumors prompt Michigan officials to close 33 schools
(DBN)

BigLaw firm rocked by chocolate theft
(DBN)

Woman Planning To Marry The Convicted Killer Of Her Twin Sister
(DBN)

Olympic runner living a double life as a Las Vegas escort
(DBN)

3 Arrested re ‘Maple Syrup Gang’ Accused of Stealing 6M Gallons From OPEC-Like Canadian Cartel
(DBN)

Dad Gets Busted For Spraying "Liquid A--" In School
(DBN)

The Maya calendar's Big Day dawns ... with no doomsday in sight
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

Judge's Career Inspired by Personal Experience With Ted Bundy Case
(DBN)

Yes, Virginia, a court can take judicial notice of Santa Claus
(DBN)

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Wall Street:

Stock futures signal sharp drop on budget impasse
(DBN)

Stocks close higher amid ongoing 'cliff' talks
(DBN)

Banker 'Sacked For Being Too Successful' Could Get A $18 Million Payout
(DBN)

Wall St. Downsizes Holiday Parties
(DBN)

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Layoffs:

New jobless claims up 17,000 last week, but remain relatively low
(DBN)

US Factory Pay Slowest Growing in World
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

How the Hunt for Cheap Prices Is Hurting Retail Loyalty
(DBN)

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Food/Beverage:

Upper Crust chain divided up at auction
(DBN)

Wisconsin potato company target of PACA lawsuit
(DBN)

USDA lifts sanctions on three produce companies
(DBN)

Hostess liquidation agreement with Hilco under fire from asset-backed lenders
(DBN)

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Municipalities:

State Bankruptcy Option Is Sought, Quietly
(DBN)

CalPERS, San Bernardino square off over pension payments --- San Bernardino Hearing May Decide Calpers Creditor Rank
(DBN)

Retirees at center of San Bernardino-vs.-CalPERS bankruptcy battle
(DBN)

Bankruptcy battle grows heated
(DBN)

CalPERS might enjoy a tour of SB
(DBN)

San Bernardino paid $2 mln in cash-outs before bankruptcy filing
(DBN)

San Bernardino Hearing May Decide Calpers Creditor Rank
(DBN)

Stockton creditor blasts city manager, his officials
(DBN)

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

California should let public agencies adjust pensions
(DBN)

How Will We Pay For Superstorm Sandy?
(DBN)

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Awards:

Pigman named fellow of American College of Bankruptcy
(DBN)

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Aviation:

Chapman: I’m not with the anti-US Airways merger bunch
(DBN)

American Airlines to Sell Posh Property
(DBN)

AMR Said to Take Steps Nearing Merger With US Airways --- 2 airlines move toward merger decision
(DBN)

American, US Airways Sketch Out Merger Scenario for Pilots
(DBN)

Some American Airlines Pilots Start A Website To Oppose Merger
(DBN)

Could Hawker still be sold?
(DBN)

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Economy:

GDP Soars Past Expectations, Rising 3.1 Percent
(DBN)

Leading Economic Indicators Index in U.S. Fell 0.2% in November
(DBN)

US economy shows some muscle, but outlook downbeat
(DBN)

Exports, government spending buoy growth
(DBN)

US Stocks Advance as Boehner Vows to Work With Obama
(DBN)

The Latest Vote Count Shows That Boehner's Plan B Is Flailing --- House GOP Pushes Ahead With 'Plan B' --- Boehner's 'fiscal cliff' plan fails --- How Boehner's Plan B Vote Imploded --- Here's What Happens Now
(DBN)

Fed's $4 Trillion Rescue Helps Hedge Fund as Savers Hurt
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home Re-Sales Jump Amid Mixed Economic Data
(DBN)

MBS lawsuits -- a guide for the perplexed
(DBN)

Time to Rediscover the Home Equity Loan
(DBN)

ResCap judge approves mediator for talks on Ally settlement
(DBN)

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Corporate Reform:

UBS Settlement Minimizes Impact of Guilty Plea
(DBN)

The Tale Of UBS's Libor Rigging Reads Like A Modern Crime Thriller
(DBN)

Making It Easier to Estimate Libor Losses
(DBN)

Libor Scandal as Bad as We Thought
(DBN)

UBS's Massive Libor-Related Settlements: What Do They Signify?
(DBN)

Role of Brokers in UBS Scandal Draws Scrutiny
(DBN)

Credit Card Trade Lines, Collection Disputes Stand Out in CFPB Report
(DBN)

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Municipalities:

Defaulted County Threatens To End Talks With Hedge Funds
(DBN)

The 11 US Cities That Are Having The Best Recoveries
(DBN)

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Defaults:

Fitch: Below-Average U.S. High Yield Default Rate to Persist Into 2013
(DBN)

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Bankruptcy Crimes:

Crewe woman sentenced for bankruptcy fraud
(DBN)

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Fashion:

Betsey Johnson's Bankruptcy and Comeback Explained
(DBN)

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Education:

Court approves pre-holiday payment for Lon Morris College Employees
(DBN)

Former Lon Morris employees to receive money from estate sale
(DBN)

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Consultants:

Alvarez & Marsal Announces New Turnaround and Restructuring Managing Directors
(DBN)

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Immigration:

Undocumented Debtors
(DBN)

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Autos:

GM Pushed US to Unload Stock
(DBN)

Treasury faces $13 billion hit on GM
(DBN)

GM to Benefit from Tax Breaks for Years
(DBN)

In selling of GM shares, U.S. gives up right to inspect automaker's financials
(DBN)

Creditors' claims that old General Motors shorted them will be ruled on soon
(DBN)

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Health Care:

Interfaith sorts bills amidst uncertainty
(DBN)

More than 200 Cooper Green employees to be placed on leave
(DBN)

27% Medicare Pay Cut For Doctors Real Danger In Fiscal Cliff
(DBN)

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Tax:

Swiss lender ZKB says three charged by U.S. authorities
(DBN)

No Oregon Income Tax Nexus for Company Owning Intangibles Used in State
(DBN)

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Banking:

Deutsche Bank Slides into Swamp of Scandal
(DBN)

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Resorts:

Posh Texas Hill Country resort in bankruptcy
(DBN)

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Labor:

Michigan's Right-To-Work and The Hostess Bankruptcy: The Two Non-Stories Of the Year
(DBN)

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Mail:

Goodbye, Postal Service?
(DBN)

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Debt Collection:

Medical practice sues billing company for failing to adequately collect debt
(DBN)

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Retailing:

Best Buy Bankruptcy Ahead?
(DBN)

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Fraud:

Rothstein trustee settles with Southern Grouts, JB International jewelers
(DBN)

Peter Madoff sentenced to 10 years
(DBN)

The Dark Secret to Beating the Markets
(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 (41 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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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Jurisdiction:

A Stern Warning: Litigation Tactics Can Waive Jurisdictional Challenges
(DBN)

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Personal Bankruptcy:

Bankruptcy Creditors Can Take Your Holiday Gifts
(DBN)

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Executory Contracts:

Rent as administrative expense: can a “terminated” lease also be “unexpired”?
(DBN)

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Bankruptcy Reform:

Much Needed Study to Reform Chapter 11 Underway
(DBN)

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TBTF:

Questions Remain About New Plan on 'Too Big to Fail'
(DBN)

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Receivers:

The Delaware Receivership Proceeding: Another Tool for Debt and Equity Holders
(DBN)

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Celebs:

Why So Many Stars Have Money Problems
(DBN)

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Video Games:

Bankrupt THQ owes WWE $45 million, Vince McMahon "furious"
(DBN)

THQ Wins Approval of Bankruptcy Loan While It Seeks Sale
(DBN)

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Alternative Energy:

The Massive Biofuel Fraud Scandal No One's Talking About
(DBN)

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Credit Reporting:

U.S. Senate begins hearings into credit reports
(DBN)

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Defaults:

Below-average U.S. high yield default rate to persist into 2013
(DBN)

S&P says global corporate default tally rises to 80 issuers
(DBN)

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Bowling:

AMF, in the midst of bankruptcy , has no plans to close bowling alleys
(DBN)

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Newspapers:

Journal Register receives clearance for sale process
(DBN)

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Sovereigns:

Seized Argentinian sailing ship leaves Ghana
(DBN)

Holdout investors seek documents from Argentina's law firm
(DBN)

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UK:

Cable opens door to insolvency shake-up
(DBN)

BPF slams new insolvency measures
(DBN)

Blow for high street Christmas hopes
(DBN)

Bondholders turn down DEPFA offer
(DBN)

Property tycoon who dated model Caprice dies in fall under Tube after business collapse
(DBN)

UK economy grew 0.9% in third quarter, says the ONS
(DBN)

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EU:

Serbia Is The Sickest Man Of Europe
(DBN)

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PIIGS:

ie: Bankrupt Quinn freed for Christmas --- New law to bring surge in seizures of buy-to-let properties
(DBN)

Former Bankia executives reject blame for bank's fall-source --- Former IMF boss in Spain court over alleged fraud --- EU regulators approve restructuring of 4 Spanish banks
(DBN)

Police Clash With Angry Shopkeepers in Athens --- Stournaras Says Greek Default Still Possible --- Almost Half of Greeks are Looking for Work Abroad --- Big Shakeup In Greek Tax Departments
(DBN)

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Canada:

Environmental Liability In A CCAA Proceeding
(DBN)

Re Northern Sawmills Inc. – court considers post-Indalex pension claims in receivership
(DBN)

Author in limbo after publisher files for bankruptcy protection
(DBN)

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Germany:

Deutsche Bank Raided For Alleged False Testimonies in Kirch Case
(DBN)

German GfK Consumer Confidence to Fall for Second Month
(DBN)

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Japan:

Japan faces prospect of third decade of low growth
(DBN)

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Russia:

Yukos: Moscow court cuts Khodorkovsky's prison sentence - Release in 2014
(DBN)

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Cyprus:

Cyprus Writeoff Prospect Roils Policy Makers Plotting Bailout
(DBN)

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Hong Kong:

Hong Kong Nov bankruptcy petitions up 9.1 pct from Oct
(DBN)

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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