December 31, 2012

The Daily Bankruptcy News

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Due to the New Year's Day holiday, The Daily Bankruptcy News will not publish on January 1, 2013

Law:

GCs' top 10 worries for 2013
(DBN)

Young Lawyer Reveals 'Deep Inside Me There's A Serial Killer Lurking'
(DBN)

TX: Managing Partners Survey Result
(DBN)

Branding Hot in Texas: Managing Partner Survey Spots Trends in Texas
(DBN)

Allen & Overy, Ropes & Gray, Morgan Lewis: Business of Law
(DBN)

DLA Wins Law Firm Of The Year At Insolvency & Rescue Awards
(DBN)

Highland Financial Partners LP, Others Settle Suit Against Orrick
(DBN)

The year law schools woke up
(DBN)

The Perils of Advocacy
(DBN)

Let's Give Up on the Constitution
(DBN)

Asia Survey Shows Challenges for Global Firms
(DBN)

Law School Transparency: Tried and true
(DBN)

From Boutique to Biglaw
(DBN)

Of course, it isn't "just money"
(DBN)

If NYU med school can make a smart change, why can't NYU law school?
(DBN)

Alleged Berkeley Bird Beheaders Have Been Criminally Charged
(DBN)

Hollywood's 10 Most Gripping Legal Dramas of 2012
(DBN)

America's 9 craziest lawsuits of 2012
(DBN)

Woman Arrested For Pushing Man In Front Of Subway Accused Of Hate Crime — Said She Hated Hindus And Muslims --- Woman charged with 'murder as a hate crime' in fatal subway pushing
(DBN)

Cops: Woman, 50, battered boyfriend over bad s--
(DBN)

Cops: DUI woman left kids at crash scene
(DBN)

Why Society Might Actually Need Psychopaths
(DBN)

Say What?!
(DBN)

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Judges:

Federal Judges' Financial Disclosure Reports Show Trips, Gifts
(DBN)

TX: The Slowpoke Report
(DBN)

An Inappropriate Colloquy Gets A Judge Admonished
(DBN)

Controversy follows former from Pa. to Alaska
(DBN)

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Wall Street:

US Futures Are Higher On Final, Massive Day Of The Year
(DBN)

Stocks sink 2% for the week
(DBN)

Stocks Pare Losses on Afternoon Fiscal-Cliff Rumors
(DBN)

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Layoffs:

'Fiscal cliff' prompts layoff worries
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

The Biggest Banks Are Risking An Endless Cycle Of Bankruptcy
(DBN)

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Retailing:

Hundreds Of American Shopping Malls Should Be Demolished
(DBN)

When Christmas Brings Retailers Many Unhappy Returns
(DBN)

JC Penney: The Turnaround Disaster
(DBN)

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Fraud:

NY Wins US Court Review of $415 Million Madoff Fight
(DBN)

Con Man Claims He Was Cheated While He Was Serving His Time
(DBN)

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Rail:

Rail Traffic Is Ending 2012 With A Boom
(DBN)

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Municipalities:

SB County: Corruption, bankruptcy cases to continue
(DBN)

Year in review: Bankruptcy dominates San Bernardino life
(DBN)

Financial last resort for Stockton --- Nowhere else to go but up
(DBN)

Stockton Tries a Chrysler
(DBN)

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Autos:

Fisker Failures May Prevent Delaware From Getting Its Money Back
(DBN)

GM's Strange Moves in Europe Continue
(DBN)

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Education:

For-Profit Colleges Manage Student Loan Default Rates, Senators Call For Investigation
(DBN)

Private school cash crunch threatens bankruptcy deal
(DBN)

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Credit Counseling:

Cooper, CFPB partner on action against debt relief firm
(DBN)

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Brokers:

MF Global trustee: Some clients may be made whole
(DBN)

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Compensation:

Netflix CEO pay: Hastings' gets 100 percent raise
(DBN)

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Politics:

Dick Armey on $8 million severance: I ‘couldn’t leave with empty pockets’
(DBN)

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Economy:

World markets await US budget talks outcome
(DBN)

Obama Tosses Fiscal Cliff Problem to Senate --- Senate: Fiscal Cliff Deal May be Within Reach --- 'Fiscal cliff' negotiations stall on Capitol Hill --- Senators work behind scenes Saturday on fiscal deal --- No Vote Sunday, Senate To Reconvene At 11 AM Monday --- Hours From 'Fiscal Cliff,' Washington Awaits Deal --- Experts Forecast the Cost of Failure to Compromise --- 'Fiscal Cliff' countdown: 2 days to go, Congress still negotiating --- Lawmakers Work on Budget; Obama Wants Vote No Matter What --- Deal or No Deal, Washington Debacle Will Linger Into New Year --- The #1 Reason To Be Worried If We Don't Get A Fiscal Cliff Deal --- Why It's Basically Impossible To Cut Entitlements --- The Republican Party Is Self-Destructing Before Our Eyes --- Higher Taxes for All: The Dems' Terrible Fallback Plan for the Fiscal Cliff --- Scramble Begins for Deal on Cliff --- Middle Class Gets ‘Cliffed’ by Huge Tax If No Deal --- Forget the rich, fiscal cliff would hit everyone else too --- S&P: Impasse won't spark a downgrade --- This Is How Much Your Taxes Will Rise If We Fall Off the Fiscal Cliff --- The Bright Side of Falling Off the Fiscal Cliff
(DBN)

Geithner Trying Debt Deadline Delay
(DBN)

After "fiscal cliff" dive, more battles, new cliffs --- Congress Dysfunction as Deadline Arrives Poses 2013 Risks
(DBN)

Middle Class Gets ‘Cliffed’ by Huge Tax If No Deal

How Bad Is Our Debt Problem, Anyway? And Will a Deal Fix It?
(DBN)

Pimco sees more job woes and slow going
(DBN)

Ben Bernanke is begging Congress to borrow more
(DBN)

Income inequality in the contemporary US is worse than Tsarist Russia
(DBN)

This Could Change Everything You Think About Healthcare And The Federal Budget
(DBN)

Deal reached to avert US port strike for now
(DBN)

The Deficit: Not as Bad as They Want You to Think
(DBN)

The Decline Of The West
(DBN)

Credit Managers Index Dips Slightly in December
(DBN)

The Ultimate Visual Representation Of America's Boom, Collapse And Epic Comeback
(DBN)

People in Households Earning $200,000 to $500,000 Resign Themselves to Tax Increases Even If They Don't Feel Superrich
(DBN)

America's Stuff Is Getting Really Old, And That's Bullish
(DBN)

Paul Krugman considers robots, wonders if economic growth could be over
(DBN)

10 states to boost minimum wage
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

New home sales climb to highest rate since April 2010
(DBN)

Home Prices Indicate Economic Recovery Despite Looming Fiscal Cliff
(DBN)

Federal judge approves settlement in Thornburg Mortgage case
(DBN)

CFPB : More lenders to get exemption from reporting HMDA data
(DBN)

Angelo Mozilo, Former Countrywide CEO, Claims He Doesn't Know What 'Verified Income' Is
(DBN)

No Ethics Breaches Found in Countrywide VIP Loans
(DBN)

Settlement Expected on Past Abuses in Home Loans
(DBN)

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Media:

Tribune set to shed bankruptcy before year's end
(DBN)

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Aviation:

No. 4 American pilots contract thrown out by bankruptcy court
(DBN)

American Airlines’ pilot group provides update on interim agreement talks --- American Airlines’ pilots union board has reached a transition agreement regarding a possible merger with US Airways
(DBN)

APA Says AMR Dragging Heels, But Some Pilots Say Wait
(DBN)

AMR Pilot Board's Vote Could Ease Path to Merger
(DBN)

Pilots’ union at American Airlines says pilot discord could jeopardize a possible merger
(DBN)

Unions Move Ahead On AA-US Airways Merger --- AMR Pilots' Board Reaches Agreement Needed for US Airways Merger
(DBN)

SAS was on brink of bankruptcy --- 'Had 10 days' worth of cash'
(DBN)

Kingfisher Air License to Lapse After Failing to Show Funds
(DBN)

Airline fees are adding up
(DBN)

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Golf:

Firm closes on $14.2M buy of Club at Cordillera
(DBN)

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Arenas:

Bankruptcy case to decide future of Elmira Jackals, Arena
(DBN)

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Banking:

FDIC goes after 42 more directors, officers of failed banks
(DBN)

Pinehurst Bank founder, former board members, fined by FDIC
(DBN)

'Whale' Capsized Banks' Rule Effort
(DBN)

Pace of US bank failures slows
(DBN)

Bank fines top $10 billion this year
(DBN)

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Celebs:

15 Rich And Famous People Who Used To Be Homeless
(DBN)

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Health Care:

Physicians Brace for Medicare 'Doc Fix' Cliff
(DBN)

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Protests:

OWS debt forgiveness may co$t
(DBN)

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Storage:

RoboVault's troubles are spilling out in bankruptcy court
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (35 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (23 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:

Orlando bankruptcies headed for decline again: Despite fiscal-cliff uncertainty, Orlando bankruptcies headed lower for second straight year
(DBN)

5 Big-Name Bankruptcies of 2012
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Bankruptcy Trustee in Ultimate Electronics Files More Preference Actions
(DBN)

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Bankruptcy Policy:

The Structural Exceptionalism of Bankruptcy Administration
(DBN)

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Venue:

Ninth Circuit Bankruptcy Appellate Panel Rules Nevada Is Proper Venue For Involuntary Bankruptcy Against Former Billionaire Because Holding Companies Formed There
(DBN)

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Bankruptcy Strategy:

Preserving Value With Expedited Reorganization Strategies
(DBN)

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Cross-Border:

Certainty And Predictability In Cross-Border Transactions
(DBN)

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Food/Beverage:

Lawyer gets one bite at nixing Crust sales
(DBN)

Operating in bankruptcy , Centennial has buyer for 14 stores
(DBN)

Wal-Mart possibly among Hostess bidders
(DBN)

2012 revenues flat in NYC restaurant industry
(DBN)

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Photography:

Kodak posts smallest net loss of the year in November
(DBN)

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Agriculture:

Creditors seek to force oilseed processor into Chapter 11
(DBN)

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Sovereigns:

Argentina asks US court to block payouts for debt holdouts
(DBN)

US Backs Argentina in Debt Restructuring Case
(DBN)

Argentina Restructured Bondholders Say Order Violates Rights
(DBN)

Eurozone bond clause highlights wealthy countries' default risk
(DBN)

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UK:

Business insolvencies remain stable in November
(DBN)

95 Goldman employees in the UK made $273 million in 2011
(DBN)

Tricor says co may be placed into liquidation
(DBN)

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EU:

Credit Risk Rises in Europe as Focus Stays on US Budget Talks
(DBN)

German FM: Euro Crisis Worst is Over
(DBN)

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PIIGS:

Spain Buries Itself In Unpaid Bills --- Stung Bankia investors look to courts for justice
(DBN)

Investors back Italy despite political turmoil --- Concordato Preventivo: Italian Ch. 11?
(DBN)

Greece has fewer tax cheats if you ignore the relatives of the finance minister --- Former Greek Official Is Said to Have Obstructed Tax Inquiry --- Greek tax cheats list altered to hide names --- Report: Greece most corrupt country in Europe --- In pictures: Greece's year of tumult
(DBN)

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Canada:

Grandpa's Gone Broke
(DBN)

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Iceland:

Icelandic bank chiefs jailed
(DBN)

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Poland:

Restructuring Distressed Construction Companies
(DBN)

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MENA:

UAE Drafts Restructuring Law
(DBN)

Egypt readies for backlash over austerity measures
(DBN)

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China:

China's factory activity hits 19-month high
(DBN)

China stocks rebound as data improves
(DBN)

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Hong Kong:

The Modernization Of Honk Kong Insolvency Law
(DBN)

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Mexico:

Out-Of-Court Restructuring: The Mexican Experience
(DBN)

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Copyright 2012