March 22, 2012

The Daily Bankruptcy News

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Law:

Where Are the Spring Bonuses? 21 Law Firms Won’t Comment
(DBN)

Which Biglaw Firm Is a Top Obama Super PAC Contributor?
(DBN)

Will Chadbourne & Parke Wind Up Homeless?
(DBN)

Jobs: Things May Be Even Worse Out There Than We Imagined
(DBN)

How to Snag a Mentor (and Maybe a Job)
(DBN)

Attorneys can't work for firms owned by non-lawyers
(DBN)

Senator Seeks Support for Bill to Allow Discharge of Private Student Loan Debt in Bankruptcy
(DBN)

The Dave (Boies)and Ted (Olson)Show: Still Touring
(DBN)

The 1900 Pipe: Or Recruiting – We Have a Problem
(DBN)

Cooley Adds Bankruptcy Attorney
(DBN)

 

Case dismissed against New York Law School over job data
(DBN)

NYU’s ‘Party Law’ SBA President Strikes Again
(DBN)

Did US News Law School Rankings Rely On Incorrect Data?
(DBN)

Law School Transparency: How bad things really are
(DBN)

Morgan Stanley, SEB, TBC, ADM, Lehman, Stanford in Court News
(DBN)

Ashurst hands managing partner role to Paris banking lawyer
(DBN)

Alternative Fee Arrangements Are a Tool, Not a Strategy
(DBN)

The New iPad Is Already Crushing Owners' Data Plans
(DBN)

US Soldiers Told Afghan Villagers They Would Pay Days Before Massacre
(DBN)

Texas Lawyer Jailed After Courthouse Ruckus with Deputy; Accounts Differ re Who Was the Aggressor
(DBN)

Defense Attorney, Unlike Prosecutor, Was Publicly Arrested and Jailed in False Testimony Case
(DBN)

U.S. law firms vie to topple Hong Kong's British old guard
(DBN)

School District, Sheriff Sued Over Peculiar 'Safety Drill'
(DBN)

Employers Claim Feudal Rights Over Facebook Pages
(DBN)

Dixie, the Bedbug-Hunting Dog
(DBN)

One Hearing, Nine Important Tips
(DBN)

Exotic Tale of Gold and Guerrillas
(DBN)

Say What?!
(DBN)

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Judges:

Jury nullification a danger, judge says
(DBN)

Never Before - About half the public apparently believes that health care reform is unconstitutional
(DBN - NY Times - Paywall Limit Possible)

The Small Chance the Supreme Court Will Overturn the Health Care Act
(DBN)

Federal Judge Biery Continues to Vent in School Prayer Case with ‘Non-Kumbaya Order’
(DBN)

Where the Cold Record Ends, a Judge's Compassion Begins
(DBN)

Dissenting in Two Decisions, Scalia Hits New ‘Constitutional Right to Effective Plea Bargainers’
(DBN)

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Wall Street:

US Stock Futures Fall as China Manufacturing Contracts
(DBN)

US stocks close mixed, continuing bumpy week
(DBN)

Goldman’s Greg Smith On the Analyst’s Couch
(DBN)

Can Banks Just Say No to Conflicted Business?
(DBN)

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Layoffs:

Did the US Actually Lose 1.8 Million Jobs In 2011?
(DBN)

Global Markets Are Diving After Terrible Numbers From China And Europe
(DBN)

Most Americans Wouldn't Accept A Job If It Hurt The Environment
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

AMR Said to Ready Bankruptcy Court Bid to Dump Contracts --- To file term sheets with bankruptcy court within days
(DBN)

American Eagle wants to cut $75M in labor costs --- Most Jobs Safe --- Looks to cut 600 jobs --- APA doesn't like proposal --- Pilots would get a $43.1 million hit
(DBN)

Garton: Greater productivity could eliminate about 500 jobs --- American Eagle has to be cost-competitive to hang onto American Airlines
(DBN)

AFA: On further reflection, American Eagle's demand are 'outrageous'
(DBN)

US Airways CEO Says Advisers Still Studying Merger With AMR
(DBN)

Direct Air owes $8.6M to creditors
(DBN)

Vision Airline Picks Up Direct Air Route
(DBN)

Canada monitoring Air Canada's legal obligations
(DBN)

Air Canada says it has new plane servicers
(DBN)

Things You Can't Do on a Plane: Vol. 15
(DBN)

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Defaults:

Sovereign, Corporate Bond Risk Rises, Credit-Default Swaps Show
(DBN)

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Alternative Energy:

DOJ Slams Beacon Power Legal Tab, Bonuses
(DBN)

______________

Consultants:

Alvarez & Marsal Expands Teams in France, Asia
(DBN)

______________

Economy:

The meltdown explanation that melts away
(DBN)

Bernanke Says Europe Must Aid Banks Even as Strains Ease --- US money funds could still be hurt by Europe --- Underlying strength, prices rise
(DBN)

Ben and the Muppets' European adventure
(DBN)

Ben Bernanke Smashes the Gold Standard Standard
(DBN)

US Energy Production Could Pass Saudi Arabia In 2013
(DBN)

How $5 Gasoline Will Change Every Aspect Of The American Economy
(DBN)

The $2 Trillion Corporate Cash Hoard Is Only Getting Bigger
(DBN)

Americans Still Believe In The American Dream
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Sales of Previously Owned Homes Fell MTM in February --- Existing-home sales up 8.8% from a year ago
(DBN)

Housing Is Still 'Shadowed' by Excess Supply --- 1.6 Million Homes Lurking In The Shadows
(DBN)

Insurance Upstart Signals U.S. Housing Rebound
(DBN)

“Strip Off” of a Wholly Unsecured Second Mortgage Impermissible
(DBN)

10 Signs That Your Neighborhood's Property Value Is Declining
(DBN)

Grubb & Ellis auction canceled --- Path Cleared For Bankruptcy Court Approval of Grubb & Ellis Sale
(DBN)

Multifamily Mortgage Activity Enjoys Upswing after 3-Year Slump
(DBN)

_____________

Oil/Gas:

Trust Goldman Sachs on Oil Prices --- $200 a Barrel? Some Think It's Coming
(DBN)

Ad attacks Obama on gas prices with faulty logic
(DBN)

______________

Religion:

OneUnited Bank is reviewing bankruptcy filing by historic Roxbury church --- Lawyers for Charles Street AME church to appear in bankruptcy court on Thursday
(DBN)

Roxbury church received 'extraordinary' help before bankruptcy
(DBN)

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Municipalities:

Detroit Nears Bankruptcy As Debt Downgraded by Moody's --- Teeters on brink of bankruptcy as state takeover looms --- Consent agreement: Roadmap to recovery --- Detroit Wants State's Money, but No Real Reform --- Detroit's best choice: Partner with state --- State review team talks options for Detroit --- At contentious meeting, review team finds Detroit in severe financial emergency --- Where's the 'consent' of Detroit citizens and workers?
(DBN)

Calpers, Wells Fargo Among Creditors to Negotiate With Stockton --- Muni insurers, Calpers join Stockton, Calif. talks
(DBN)

Stockton police union sues city over unused pay
(DBN)

Stockton Woes Send A Message On Pension Reform
(DBN)

Pa. Official: Corruption Led to Harrisburg's Money Woes
(DBN)

US muni defaults another blow for insurers
(DBN)

______________

Fraud:

Mario Cuomo key player in Madoff-Mets settlement
(DBN)

Allen Stanford seeks new trial, blames Twitter
(DBN)

Ex-FrontPoint manager ordered to pay $10.2 mln to Morgan Stanley
(DBN)

Senate set for key vote on insider trading
(DBN)

______________

Lehman:

Geithner To Answer Questions In Lehman, J.P. Morgan Lawsuit
(DBN)

______________

Golf:

Bloomfield's Tumble Brook Country Club Files For Bankruptcy Protection
(DBN)

______________

MF Global:

Corzine Soon to be Back on Wall Street?
(DBN)

House panel votes to subpoena MF Global executive
(DBN)

MF Global "Corporate Personhood" Case: Motion for Appeal Filed
(DBN)

MF Global European administrator sees litigation ahead
(DBN)

______________

Photography:

Reimbursements requests for Kodak bankruptcy at $15.4 million
(DBN)

______________

Student Debt:

CFPB: Student Loan Debt Passed The Trillion-Dollar Mark Months Ago
(DBN)

This Bright-Eyed Young Man Was Utterly Demolished By Student Loans
(DBN)

Student Debt May Land Double Whammy on U.S. Growth
(DBN)

______________

Autos:

When Will The Government Sell Its GM Stock?
(DBN)

______________

Shipbuilding:

FastShip dry docks in Ch. 11
(DBN)

______________

Food/Beverage:

Real Mex Restaurants Exits Chapter 11
(DBN)

______________

Corporate Reform:

SEC backs repeal of indemnity rule on swaps data
(DBN)

______________

Magazines:

Auction of Jewish Times publisher proposed for next week
(DBN)

______________

Tax:

IRS scammed out of millions
(DBN)

______________

New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (60 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:

March Madness: The Sweet Spot
(DBN)

Rochelle on Arcapita, Dodgers, Hostess, AMR
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Prediction:

Applying The Altman Z-score To Netflix And Amazon.com
(DBN)

______________

Litigation:

3rd Circuit Slashes $360,000 in Recovered EDD Costs in 'Race Tires'
(DBN)

______________

Banking:

Bernanke: Stress Tests Showed Banks Aren’t Hiding Potential Huge Losses
(DBN)

______________

Corporate Governance:

Court Awards Fees for Advancement and Indemnification and Establishes Protocol for Future Advancement Requests
(DBN)

______________

Shipping:

Shipper Marco Polo In Deal Talks With Potential Strategic Investor
(DBN)

______________

Health Care:

Jersey City Medical Center owner to acquire Christ Hospital
(DBN)

Officials of Christ Hospital and the Bloomfield-based company purported to have offered its 'highest and best' bid for purchase deny report
(DBN)

Trustee named, Peninsula expects to exit bankruptcy
(DBN)

Cheboygan Memorial Hospital closes long-term care facility
(DBN)

______________

Politics:

Billionaires Continue To Pour Millions Into Super PACs
(DBN)

______________

Glass:

Vitro Says It Issued Debt Approved Under Restructuring
(DBN)

______________

Celebs:

Bank Sues Star-Studded Group for Collections
(DBN)

______________

Bankruptcy Crimes:

Caldwell woman pleads to bank, bankruptcy fraud
(DBN)

______________

Protests:

Occupy Wall Street Taunted Cops With Donuts On A String While They Got Kicked Out Of Union Square
(DBN)

______________

Horse Racing:

Yavapai Downs headed to auction April 3
(DBN)

______________

UK:

Clifford Chance and Linklaters lead as Game Group eyes administration
(DBN)

Osborne Gives and Takes From Rich in U.K. Budget Balancing Act
(DBN)

UK govt borrowing jumps
(DBN)

GAME Group heads to administration; bankruptcy fears prove true
(DBN)

Rural broadband firm Next Genus on the brink of bankruptcy
(DBN)

______________

EU:

Has The Optimism Broken In Europe?
(DBN)

Bunds rally as euro zone economy slows
(DBN)

______________

PIIGS:

Greece Is Canceling 1 In 6 Disability Claims
(DBN)

Italy to launch Skynet tax collection system after 197% YoY borrowing increase
(DBN)

Portuguese strike in protest at austerity measures
(DBN)

______________

Canada:

Quebec could sue feds over Aveos closure
(DBN)

______________

MENA:

Arcapita Bankruptcy Was Forced by Hedge Funds, Lawyer Says
(DBN)

Arcapita move on bankruptcy unlikely to prompt other Gulf firms
(DBN)

Arcapita Chapter 11 exception, not rule for Gulf
(DBN)

______________

Japan:

Japan returns to surplus on US demand
(DBN)

Elpida Default-Swap Holders to Recover 79 Percent on Debt
(DBN)

______________

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Copyright 2012