June 25, 2012

The Daily Bankruptcy News

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Law:

Dewey & LeBoeuf Owes Legal Aid, Awaits Payment From Talbots, Equatorial Guinea --- Note to Former Dewey Clients: Check the Mail --- Dewey partners plan to pay hundreds of millions to avoid being sued --- How Dewey's Management Got One Thing Right --- Charles Landgraf: The Plight of the Loyal Company Man --- WexTrust Investors Dispute Receivers Fee’s, Allegedly Inflated Expenses
(DBN)

MNAT

Business Claims Sidley Austin Blew It
(DBN)

UK top 100 firms record average fee income rise of 7% for 2011-12
(DBN)

Elite Women Put a New Spin on an Old Debate --- Article on working moms sparks fiery debate --- Can modern women “have it all”?
(DBN)

To Have and to Have Not
(DBN)

U.K. Elite Lead Way on Female Partners as Promotions Increase at Top Firms
(DBN)

Top firms for women in power
(DBN)

Putting Your Best (Flat or Heeled)Foot Forward At The Office
(DBN)

Law Firms' Changing Tastes
(DBN)

In Tough Market for Law Firms, An Eye on New Horizons
(DBN)

Getting More for Less
(DBN)

ABA to Tackle Technology Issues in Model Rules at August Meeting
(DBN)

Are You a Tablet or Ultrabook?
(DBN)

The Fast Rise of the 'Bring Your Own Device' Buzzword
(DBN)

A 'Buried Treasure' Value Proposition for Corporate Legal Departments
(DBN)

Judge Dismisses Defamation Suit Against Akin Gump
(DBN)

Merrill replaces law firm in broker pay cases
(DBN)

Appeals Court Reaffirms Dismissal of Patton Boggs Suit Against Gibson Dunn, Chevron
(DBN)

Holder's surprising ally in contempt fight --- Attorney General Holder’s Fast and Furious Troubles Are Example of Crisis Norm for the Office
(DBN)

Posing as attorney could soon be felony
(DBN)

FBI Protects Attorney-Client Privilege in Search of Lawyer's Home
(DBN)

The Stats Say "Don't Go To Law School…" (but if you do, go to UVA)
(DBN)

Law School Transparency: The battle of Hastings
(DBN)

UMass Announces 3-Year Law School Tuition Freeze
(DBN)

It's Suddenly a Buyers' Market at Law Schools
(DBN)

Dear Law Schools: It’s A Little Too Early To Start Pestering The Class Of 2012 For Money
(DBN)

Reports: Lawyer Outran Gunman, Escaped Law Office via Side Door as Suspect Searched for Him
(DBN)

Lawyer OK After Man Allegedly Shot at Him with Rifle in Law Firm Parking Lot Near Va. Courthouse
(DBN)

Brooklyn DA Charges 4 Ultra-Orthodox Men in Unusual Witness-Intimidation Case
(DBN)

Former Legal Secretary Takes Plea in $550K Theft From Suburban Chicago Law Firm
(DBN)

Lawyer of the Day: No, a Man Cannot Just Have ‘His Fly Undone’
(DBN)

'Thou Shalt Not ...' Join our Health Club, Skinny
(DBN)

Can You Be Convicted of Carrying a Concealed Weapon in Your Own Home?
(DBN)

"Vampire" Has His Day In Court, Fares Well
(DBN)

Guy Impersonating Police Officer Pulls Over Guy Who Isn't
(DBN)

“Kids Severely Sunburned at School Because They Didn’t Have ‘Prescription’ for Sunscreen”
(DBN)

“Heavy Hitter” lawyer ads
(DBN)

More foreign law firms seek South Korean entry
(DBN)

Say What?!
(DBN)

______________

Judges:

Top Texas Court Vacates Libel Appeal and Appellate Opinion Due to $8K Bribe Paid to Trial Judge
(DBN)

Judge Charged in $1.6M Elder Theft Case Remains on Bench, But Now Hears Small Claims Cases
(DBN)

Attorneys and Judges Behaving Badly
(DBN)

Decisions, Decisions: How High Court Could Rule on Health --- Court keeps upcoming health care decision secret --- The Court's Moment --- Supporters Slow to Grasp Health Law's Legal Risks --- Can Everyone Please Lighten Up About the Supreme Court? --- The fate of health care shouldn’t come down to 9 justices. Try 19.
(DBN)

U.S. Supreme Court could be an issue in the election
(DBN)

Ninth Circuit Under More Fire from GOP Over Maui Conference
(DBN)

Hot Day Outside, Cool Day for Solicitor General
(DBN)

What takes so long? Behind the scenes at top U.S. court
(DBN)

Judge Facciola Addresses Competency, Ethics, and E-Discovery
(DBN)

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Wall Street:

US stock futures track global markets south --- Shares to Open Lower as Spain Asks For Bailout
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

Wall Street claws back after sharp decline, banks lead
(DBN)

Federal Judge Slams Goldman Sachs, OKs Shareholder Suit
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Celebs:

Bankruptcy deal for ex-UGA coach?
(DBN)

The Broke and the Beautiful: Stronger Edition
(DBN)

Bankruptcy: not as much fun as it used to be
(DBN)

Jacqueline Laurita financial problems?
(DBN)

______________

Autos:

Hackensack Chevrolet, files Chpt. 11, is up for sale
(DBN)

______________

Pets:

Pet Resorts files Chapter 11
(DBN)

______________

Economy:

Central Banks Face Limits of Powers as Debt Persists, BIS Says
(DBN)

Corporate profits just hit an all-time high; wages just hit an all-time low
(DBN)

The Growth Of America's Economy Once You Subtract The Growth Of America's Debt
(DBN)

Bernanke's Twist Sharpens Year-End Stimulus Anxiety
(DBN)

In suburban America, middle class begins to confront poverty
(DBN)

Younger American families lost more than half their net worth between 2007 and 2010
(DBN)

Economist: Gas Prices Could Dip Below $2.50 --- Oil near $91, up from 18-mth low; as Gulf storm builds
(DBN)

America's Economy Really Is Screwed Up, And The Problem Is Corruption
(DBN)

Central bank group: Crisis fixes still needed
(DBN)

Krugman: When it comes to economic inequalities, the eurozone is no worse than the US
(DBN - NY Times - Paywall Limit Possible)

Citi's Economic Surprise Index Takes A Dive
(DBN)

Actually It Is Generation X That Suffered Most From The Recession
(DBN)

The 15 Most Disliked Companies In America
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Berkshire Hathaway Tussles Over ResCap Mortgage Assets
(DBN)

Robert Shiller Goes Off The Deep End With His New Housing Proposal
(DBN)

Bankruptcy forces 89-year-old WWII vet from home --- National outcry erupts
(DBN)

Jailed landlord David Kircher's Ypsilanti properties for sale
(DBN)

Top Mass. court limits foreclosure relief
(DBN)

Photographer Creates Surreal Images Of The Housing Crisis
(DBN)

____________

Aviation:

American offers to drop plans to lay off pilots
(DBN)

American Wins Fight With Mediation Board Over Union Vote
(DBN)

One More Thing You Can't Do on a Plane
(DBN)

______________

Banking:

A Sober New Reality in Credit Downgrades for Banks --- Bank Investors Dismiss Moody's Cuts as Years Too Late
(DBN)

BIS: Banks must recognize losses, boost capital
(DBN)

Surviving the investment bank "killing zone": Renaissance
(DBN)

Vikram Pandit Is Committed To Getting Paid
(DBN)

______________

Municipalities:

Stockton faces end of mediation, weighs bankruptcy --- Fearing the worst --- Grim prospects --- On the Verge of Bankruptcy, Stockton Sees Fewer Police — and More Caskets --- Stockton pendency plan has 'something for everybody to hate'
(DBN)

______________

Photography:

Ritz Camera Files Bankruptcy Second Time in Three Years
(DBN)

______________

Hollywood:

Judge Disallows Most Claims Against Ron Tutor, Film Companies --- Miramax Co-Owner Ronald Tutor Claims Victories in Bankruptcy Battle
(DBN)

World's Most Expensive Movie Poster Seized in Bankruptcy Case
(DBN)

David Bergstein Fires Back at Aramid in Latest Lawsuit
(DBN)

______________

Pensions:

PBGC Asks Bankruptcy Court to Treat Prior Sale of Interest in Debtor As Prohibited Attempt to Evade ERISA Pension Liability
(DBN)

______________

Video Games:

Schilling says game firm collapse cost him $50 mln
(DBN)

______________

Gambling:

Shelbyville casino could exit bankruptcy in August
(DBN)

______________

Distressed Investing:

Bargain hunt excites buy-to-own distressed funds
(DBN)

______________

Tax:

IRS whistleblower tax take plunges, senator frets
(DBN)

______________

Fraud:

Money manager Merkin settles Madoff-related lawsuit with New York
(DBN)

Madoff Trustee Seeks to Revive Tossed Suits
(DBN)

Emails Tie Goldman Manager, Rajaratnam
(DBN)

Adam Smith Was ‘Valuable’ Aide in Rajaratnam Case. U.S. Says
(DBN)

______________

Hedge Funds:

Are Hedge Funds The Root Of All Evil ?
(DBN)

______________

Debt Collection:

Consumer Wins Spectacular Victory Against Debt Collector Stock & Grimes
(DBN)

Maple Grove Hospital cuts Accretive ties
(DBN)

______________

Horse Racing:

Indianapolis Downs receives court approval of disclosure statement
(DBN)

______________

Energy:

Distressed Energy Investments Program Materials
(DBN)

______________

Food/Beverage:

Wholesaler’s PACA license at issue in case against banana company
(DBN)

Lawsuit claims fraud at bankrupt Adams Produce
(DBN)

Not something you see every day.
(DBN)

______________

Trucks:

Could This Be The End of Navistar?
(DBN)

______________

Religion:

U.S. priest, monsignor found guilty on one count in church abuse case --- 1st Senior Roman Catholic Official in US Convicted re Handling of Child Sex-Abuse Cases
(DBN)

______________

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 (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (20 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)

______________

Miscellaneous:

Bankruptcy Week Ahead
(DBN)

Rochelle on ResCap Schedule, Madoff, Sexual Harassment: Audio
(DBN)

______________

Bankruptcy Statistics:

Ten Brands That Will Disappear In 2013
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Finance:

Update on reorganization financing: prepayment premiums, commitment fees and post-bankruptcy interest
(DBN)

______________

Disclosure:

NO WALLFLOWERS HERE: Bankruptcy Court Holds That Disclosure Statement Containing Third Party Release in Favor of Indenture Trustee Must Specifically and CONSPICUOUSLY Inform Bondholders of Release
(DBN)

______________

Plan Confirmation:

4th Circuit: ‘Absolute priority’ survived bankruptcy reform
(DBN)

______________

Professional Compensation:

Trustee Evaluates Harsh Comments on Bankruptcy Fee Proposals
(DBN)

______________

Examiners:

Not Required, But Still Appropriate - Judge Glenn Appoints Examiner in ResCap
(DBN)

______________

Jurisdiction:

A First-Anniversary Look at the Impact of 'Stern v. Marshall'
(DBN)

______________

Sales:

Bankruptcy Sale 'Free and Clear' May Not Shield Against Successor Liability
(DBN)

______________

Discharge:

Statement about asset is not statement about financial condition
(DBN)

______________

Avoidance Actions:

Analyzing Damages in Fraudulent Transfer Cases
(DBN)

______________

Litigation:

5th Circuit OKs $30K Sanction for Law Firm’s Accidental Distribution of Opposing Side’s Secret Info
(DBN)

Appellate Law: Storytelling for Lawyers
(DBN)

How To Manage The Costs Of Big Data In E-Discovery
(DBN)

______________

Insurance:

D&O Insurance In The Dodd-Frank Era: What You Need To Know To Protect Your Directors And Officers
(DBN)

______________

Finance:

Overview Of First Out Revolvers
(DBN)

______________

Health Care:

Charlestown hospital files for Chap. 11 protection
(DBN)

Most Americans oppose health law but like provisions
(DBN)

The Leading Causes Of Death From 1900-2010
(DBN)

______________

Environmental:

Tronox Witness Says Kerr-McGee Misstated Liabilities
(DBN)

Tycoon in eco me$$
(DBN)

______________

UK:

Yet another developer files for UK bankruptcy
(DBN)

Jersey bankruptcy laws 'outdated' says Citizens Advice
(DBN)

______________

EU:

Bundesbank Swipes at Draghi as Lines Deepen
(DBN)

German Business Confidence Drops to a Two-Year Low
(DBN)

Germany fears eurozone collapse would decimate country's economy
(DBN)

Merkel Parries Debt Push; Chiefs Agree on Pact
(DBN)

EU Ministers Clear Way for Transaction Tax in Some States
(DBN)

The Coming NWO: Bankruptcy, Credit Counseling, and Debt Renegotiation
(DBN)

Germany to Confront United Euro Bloc as Leaders Head to Summit
(DBN)

SOROS: Europe Has 3 Days To Avoid A Fiasco That Could Turn Fatal --- The One Thing You Need To Know About The George Soros Plan To Save Europe
(DBN)

______________

PIIGS:

Spain: Liar, Liar, Pants On Fire --- Spain to stress test banks again, focus on seven ---Spain asks for aid to recapitalise banks
(DBN)

Fitch Cuts Cyprus to Junk as Greek Exposure Hits --- Germany tells Greece to stop asking for help and start cutting budgets
(DBN)

MPS rushes against time to plug capital gap --- Monti: We have a week to save the EU
(DBN)

______________

Belarus:

Belarus Approves Bill on Bankruptcy
(DBN)

______________

MENA:

Muslim Brotherhood Takes Egypt
(DBN)

Egyptian beats pregnant wife to death for not voting for Mursi
(DBN)

______________

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Copyright 2012