June 13, 2012

The Daily Bankruptcy News

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Law:

Dewey & LeBoeuf Used $43 Million in Recovery Attempt
(DBN)

MNAT

Skadden’s Spring Bonus? Gift Cards For Associates!
(DBN)

Jewel or Not-Jewel?
(DBN)

McDermott Adds to Growing Restructuring and Insolvency Practice
(DBN)

Kramer Levin, MoFo, Jones Day, McDermott: Business of Law
(DBN)

Pacific Rim Progress Report: King & Wood Mallesons Tie-Up
(DBN)

How A Bad Economy Means Good Business For A New Boutique Firm
(DBN)

Appeals Court Suspends Lawyer Accused of Exposing Himself to Opposing Counsel
(DBN)

Buying In: A Partner’s Perspective
(DBN)

Flyover Law School Exposes Students to Potential Identity Theft Issues
(DBN)

Cooley Law Grad or Troll… Is There Even a Difference? (C/O ’93 Grad Claims He’s Employed as a Shoeshiner)
(DBN)

Law School Transparency: Earnest money
(DBN)

Why lawyers will love iOS 6
(DBN)

Potential Lawsuit of the Day: War of the Web Comics
(DBN)

Quote of the Day: Your Lawyer Is Your Last Line Of Defense
(DBN)

Trayvon Martin shooter's wife arrested on perjury charge
(DBN)

First Pics Of Miami Cannibal Victim
(DBN)

Union workers win right to eat expired food
(DBN)

Cops: Man High On Bath Salts Tries To Attack 3-Year-Old Girl On Miami Beach Playground
(DBN)

Suspect with 'vampire teeth' attacks homeless man
(DBN)

Judge Says ‘Under God’ in Pledge Isn’t a ‘Religious Truth’
(DBN)

Gym Manager Booby Traps Locker to Catch Thief
(DBN)

Indiana First State to Allow Citizens to Shoot Law Enforcement Officers
(DBN)

It’s Hard to Become a Non-Citizen, Too
(DBN)

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Judges:

Several Potential Blockbuster Cases Await Supreme Court Decision
(DBN)

Court Reporters and the Rise of the Machines
(DBN)

With a Sharp Tongue, Scalia Challenges the White House
(DBN)

Judges + iPads = Perfect Fit?
(DBN)

Federal Judge Refuses Request to Serve Party by Facebook, Orders Newspaper Publication Instead
(DBN)

Judge of the Day: No Good Deed Goes Unpunished
(DBN)

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Wall Street:

 

U.S. Stocks Advance Amid Stimulus Speculation
(DBN)

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Layoffs:

Veterans Make Valuable Employees, So Why Aren't More Getting Hired?
(DBN)

Global hiring slows, but US employers plan to boost hiring
(DBN)

More than 7 in 10 US teens jobless in summer
(DBN)

U.S. Employment Growth by State
(DBN)

8 job killing companies
(DBN)

Joseph Stiglitz: Here's How To Put America Back To Work
(DBN)

Layoffs Watch '12? Morgan Stanley?
(DBN)

5 jobs with the most layoffs this year
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Bankruptcy Judges Can't Hear Madoff Suits, Defendants Say
(DBN)

Rothstein: "At Some Point in Time, Mr. Jimenez, We Are Going to Have to Talk About It."
(DBN)

Rajat Gupta Defense Rests in US Insider-Trading Trial --- Closing Arguments Set for Wednesday
(DBN)

'I hope Rajat is a big boy' - Gupta trial wiretap
(DBN)

Lawyer Charged with Stealing $9 million through Fake Law Firm
(DBN)

US seeks $5.9 billion from indigent Allen Stanford --- From king of the Caribbean to penniless in prison
(DBN)

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Fitness:

Heritage Hills: Bankruptcy court rules HardKohr lease invalid --- HardKohr needs to evacuate building
(DBN)

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Orchestras:

Little Compromise Seen as Peter Nero Contract Goes Before Bankruptcy Court
(DBN)

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Aviation:

American Airlines, HP part ways on reservations system project --- Proposed settlement on contract termination
(DBN)

Maine lawyer appointed to ride herd on American Airlines
(DBN)

CWA asks: What is American afraid of?
(DBN)

American Airlines seeks injunction to block union vote by passenger service agents
(DBN)

How Airlines Spend Your Airfare
(DBN)

Airline offers luxury private suites, complete with double bed
(DBN)

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Economy:

US federal deficit totals $844.5B through 8 months
(DBN)

Government posts $125 billion deficit in May
(DBN)

Economic Confidence Declines Slightly in Past Week
(DBN)

American Families Are Poorer Than in 1989 --- Dems, GOP warily eye news of falling family wealth
(DBN)

The collapse of American wealth, in one chart
(DBN)

Credit Swaps in US Rise as Fitch Reduces Spanish Bank Ratings
(DBN)

Fact Check: America Has Highest Corporate Tax Rate?
(DBN)

The Stunning Gulf Between The House And Senate's Point Men On Tax Reform
(DBN)

Private Jobs Down 4.6M From 2008; Fed Jobs Up 11.4%
(DBN)

Krugman: Only banks get bailed out
(DBN)

Developing nations to face bumpy ride: World Bank --- Europe Crisis Threatens Emerging Markets, World Bank Says --- World Bank Still Sees 2012 Global Growth, Maybe
(DBN)

NFIB: Optimism Unchanged in May
(DBN)

CFO: Treasurers Face $46 Trillion Financing Cliff
(DBN)

Warren Buffett: Clairvoyant Or Crazy?
(DBN)

Why It's Illegal To Braid Hair Without A License
(DBN)

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

How Much Money Should You Save For A Rainy Day?
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Feds Raid Utah Law Offices in Probe of Loan Modification Work
(DBN)

ResCap Offers Investors $8.7 Billion Bankruptcy Claim
(DBN)

Judge OKs ResCap Motions as Buyers Start Circling the Company
(DBN)

The price of courage
(DBN)

Congress Seen Defeating Purpose of New Mortgage Disclosure Law
(DBN)

Minneapolis home sales, prices in May surge over year-ago levels
(DBN)

Sacramento: Percentage of Distressed House Sales lowest in years in May
(DBN)

Negative equity props up home prices in toughest markets
(DBN)

Why So Few Homes Are on the Market
(DBN)

Table of Short Sales and Foreclosures for Selected Cities
(DBN)

U.S. Property Prices On the Rise, Shows Survey
(DBN)

PNC Sees More Demands to Buy Back Bad Mortgages
(DBN)

FHA Turns, Once More, to Private Investors to Aid Troubled Homeowners
(DBN)

Commercial, Multifamily Mortgage Debt Outstanding Up In First Quarter
(DBN)

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Banking:

Right
(DBN)

Jamie Dimon’s Testimony: Traders Didn’t Understand the Risk --- How Jamie Dimon pushed JPMorgan's risk management division away from risk management --- Report - JPMorgan Could Have Spotted Trouble Earlier But For Jamie Dimon --- JPMorgan Execs Said Warned About Trading Risks 2 Years Ago
(DBN)

FDIC’s Hoenig, Norton Concerned About Bank Capital Rules
(DBN)

ING to pay $619 million for Cuba, Iran dealings
(DBN)

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Health Care:

Desai takes the Fifth in bankruptcy case
(DBN)

Bankruptcy imminent for Sadler Clinic?
(DBN)

Hearing set in Saint Catherine case
(DBN)

Romney outlines plan to make health-care system like 'consumer market'
(DBN)

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Autos:

Akerson Admits GM Bankruptcy Not Well Thought Out --- Apologizes for stock price --- GM chairman adds heft to calls for cut in hourly wage costs
(DBN)

G.M. Says Pension Talks With Union Are Possible
(DBN)

Allied Systems Holdings Files Another Chapter 11 Petition...One Week After Prior Chapter 11 Ends.
(DBN)

Administrators for Sweden's Saab says buyer found --- Saab's name is last issue in its bankruptcy
(DBN)

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Hedge Funds:

Watch Out Asset Managers, Hedge Funds Will Top $5 Trillion By Taking Your Clients
(DBN)

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Celebs:

Former NFL Star Jamal Lewis Looks to Resolve his Bankruptcy Case
(DBN)

NFL Star Warren Sapp Trying To Keep His Home In Bankruptcy
(DBN)

Lindsay Lohan's Legal Disaster Timeline
(DBN)

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IP:

Kodak: 20 Patent Bidders to View Secret Data --- Crucial auction tentatively set for Aug. 8
(DBN)

Banks seek to offload risk on insurers
(DBN)

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Municipalities:

Detroit Said to Delay $600 Million Bond Sale for Sewer
(DBN)

North Dakota Considers Eliminating Property Tax
(DBN)

Woonsocket's bid to avoid bankruptcy with a tax hike dies in R.I. Assembly
(DBN)

How Wall Street Hustles America’s Cities and States Out of Billions
(DBN)

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Newspapers:

3 Alabama newspapers cutting about 400 jobs
(DBN)

New Orleans Times-Picayune Layoffs : Paper Cuts A Third Of Its Staff
(DBN)

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Corporate Reform:

How the SEC could pursue a case against JPMorgan
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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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Miscellaneous:

Rochelle on Madoff Suits, Tribune, Charles Street AME: Audio
(DBN)

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Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Claims Trading:

KB Toys: Delaware Bankruptcy Court Weighs in on Claims Trading
(DBN)

Buyers Beware in Delaware—Transferred Claims Remain Subject to Disallowance Under Section 502(d)
(DBN)

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Litigation:

Delaware Applies Topping Bid Concept to Contested Settlement
(DBN)

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Trustees:

Madisonville Attorney Chosen for Chapter 7 Trustee
(DBN)

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Insurance:

Can D&O insurance cover banks anymore?
(DBN)

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Mass Torts:

Asbestos attorneys plotting another appeal of fraud ruling
(DBN)

District Court Approves Grace Asbestos Plan Confirmation
(DBN)

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Social Networks:

Is Zynga the Canary in the Social Games Coal Mine?
(DBN)

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Alternative Energy:

Why First Solar Popped --- First Solar Shares Surge Amid German Output Jump
(DBN)

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Politics:

Six Myths About the Wisconsin Election
(DBN)

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Religion:

Suit seeks diocese's sex abuse records
(DBN)

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Corporate Governance:

Shareholders Are Furious About Executive Pay At This Drilling Corporation --- US directors jittery about pay committee post
(DBN)

Keeping Shareholders and Directors Informed Year-Round
(DBN)

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Gambling:

AC gambling $$ off 9.5%
(DBN)

Villalobos sues casinos for return of debt payments to add to bankruptcy estate
(DBN)

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Museums:

Former Las Vegas Mob Experience exec files $20.7 million bankruptcy
(DBN)

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Mail:

The Difference Between A Manager At The Post Office And A Manager At Walmart
(DBN)

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UK:

UK authorities push Rangers FC to liquidation --- Rangers in crisis: HMRC have misled Ibrox club and its supporters
(DBN)

80% demand vote to quit EU
(DBN)

UK turnaround investors' firepower hits £8bn
(DBN)

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EU:

EU discuss 'limiting ATM withdrawals'
(DBN)

EU studies options if Greece abandons euro --- EU Floats Worst-Case Plans for Greek Euro
(DBN)

Europe, Here's The Right Way To Bail Out Banks...
(DBN)

Spanish, Italian, German (Yes, German)Bond Yields Rising
(DBN)

Euro Zone Won’t Break Up, but It’s in for a Rough Time – Ghosn
(DBN)

Pre-Spain bailout, European high yield funds record largest outflow of 2012
(DBN)

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PIIGS:

$125 Billion Spanish Bailout, and Guess Who Gets the Bill --- Rajoy Declares War on Central Bankers to Counter Crunch --- Spanish bond yields, insurance hit records --- After the bailout, Spain needs to rise to the challenge --- Spain yields near record --- Seniority in Spain — *good news* for bondholders? --- The Spanish Bailout Isn't Working --- Adrift on a sea of bad debt --- Sorkin: Spanish bank bailout won't work because undermines deposit guarantee --- ESM loans unlikely to trigger Spain CDS - ISDA --- Spain to charge at least 8.5 pct for loans to banks --- Fitch cuts 18 Spanish banks ratings --- 78%
(DBN)

Now they’ve shut Italy off from the markets… --- Trevi fountain crumbling 'for lack of maintenance'
(DBN)

Greek politicians ♥ Spanish bank bailout --- Polish PM urges debt-ravaged Greece to "try harder" --- Greece on the verge of blackouts --- Osborne says Greece may have to quit euro
(DBN)

Lenders take control of Eircom
(DBN)

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Germany:

German insolvency numbers set to worsen
(DBN)

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Copyright 2012