March 30, 2012

The Daily Bankruptcy News

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Law:

Weil Shows Gains in AmLaw's Corporate Scorecard 2012
(DBN)

Former Partner's Personal Tale Shows Toll Taken by Thinning of Law Firm Ranks
(DBN)

Dewey Antitrust Partner Heads to Arent Fox as 2012 Partner Losses Near 40 --- Dewey in top-level overhaul as firm's finances face questions --- Dewey admits it's in talks with its bankers
(DBN)

Obama backs healthcare defender - until he doesn't
(DBN)

Salary rises in the offing at Allen & Overy
(DBN)

Jefferson County bankruptcy lawyer Kenneth Klee talks about financial crisis
(DBN)

From Biglaw to Boutique: Beyond the Math
(DBN)

Conducting a Stealth Job Search
(DBN)

ACC Census Sees Power, Pay, and Prestige for In-House Counsel
(DBN)

Leveraging Document Review Into a Permanent Position
(DBN)

Patton Boggs Alleges It's Unpaid By Upaid
(DBN)

Law Firm Moneyball
(DBN)

Scruggs tries to wiggle out of guilty plea
(DBN)

Recovering Faegre Baker Partner Says He Was Shot by Stranger
(DBN)

Attorney Witness in Obstruction Case Testifies He Pretended Friend’s Law Firm Was His Own
(DBN)

Alt Fees Won’t Work Without Trust, Talk and Changes in Partner Comp
(DBN)

Bank of America, Express Scripts, Deutsche Bank in Court News
(DBN)

UT student receives Distinguished Law Student award from American College of Bankruptcy
(DBN)

Stanford Law School Dean: We Aim to Teach Our Students Not Just to Spot Problems, But to Solve Them
(DBN)

What Happens When Elite Law School Deans Go Out To Stud
(DBN)

The 24-Year Old Law Students Behind The New Tumblr Darling
(DBN)

Law School Transparency: And you may ask yourself: Well, how did I get here?
(DBN)

Brainstorming Warning Labels for Purchasers of a Legal Education, Part II
(DBN)

Nine Law Schools To Avoid
(DBN)

LSATs Plummet to Lowest Point in 10 Years: Could Law School Get Cheaper?
(DBN)

Law School Contemplates Offering Dumbest LL.M. Ever
(DBN)

5 Top Android Legal Apps for 2012
(DBN)

Hearing Officer Upholds Firing of Assistant AG Who ‘Made a Media Spectacle of Himself’
(DBN)

Child Witnesses: Sgt. Bales Was Not Alone
(DBN)

Appeals Court OKs $3K Sanction Against Lawyer Who Responded to Opposing Party Email
(DBN)

Lawsuit of the Day: McDonald’s In The News Again
(DBN)

Who Writes Our Laws?
(DBN)

More Abused Afghan Women Put in Jail
(DBN - NY Times - Paywall Limit Possible)

Four women charged in Amish beard-cutting attacks
(DBN)

Mail carrier busted for delivering drugs along her route
(DBN)

10-Year-Old Boy Charged With Felony For Stealing Tricycle
(DBN)

Feds fine man for leading Bigfoot hunt without permit
(DBN)

The vision thing
(DBN)

Say What?!
(DBN)

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Judges:

Liberals Appear ‘Taken Aback, Angry’ in Medicaid Arguments; Will Court Redefine Federal Power?
(DBN)

Supreme Court health care: And the winners are... --- It’s All Fun and Games Until Somebody Loses an Eye
(DBN)

Justices meet Friday to vote on health care case --- What happens next
(DBN)

Colbert Calls It: Obamacare Is Dead
(DBN)

Chief Justice Roberts: Man in middle is man of the moment
(DBN)

Witches’ Brew! NY Suit Over Court Victory Dance Continues
(DBN)

At the High Court, the Big Talker Award Goes To . .
(DBN)

Judicial Confirmations Inch Forward
(DBN)

The Supreme Court's antique vision of freedom
(DBN)

Scalia Unable To Name All 9 Supreme Court Justices :))
(DBN)

Chief Judge Is Privately Reprimanded re DUI Arrest That Led to Reckless Driving Conviction
(DBN)

On Eve of Pay Raise, Many N.Y. Judges Say 17 Percent Hike Is 'Too Little, Too Late'
(DBN)

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Wall Street:

Stock index futures slightly higher
(DBN)

Stocks decline on global economic worries --- US stocks fall on worries about Europe's economy
(DBN)

Morgan Stanley banker contests cab driver's assault story
(DBN)

Morgan Stanley's William Jennings Requests Case Tossed
(DBN)

Greg Smith Didn't Commit Career Suicide
(DBN)

Is Wall Street Full of Psychopaths?
(DBN)

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Layoffs:

Jobless Claims Lowest Since April 2008
(DBN)

Unemployment decreases life expectancy, hurts your children's future earnings - and even your ability to read
(DBN - NY Times - Paywall Limit Possible)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

Which Companies Are Exposed to Pink Slime?
(DBN)

St. Louis organic food maker Berhanu in bankruptcy
(DBN)

Restaurant operator Swisshelm Group files for bankruptcy
(DBN)

Why Starbucks Puts Bugs In Your Frappuccino
(DBN)

Ingredients You Eat Every Day That Food Companies Don't Talk About
(DBN)

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Municipalities:

As Detroit Bankruptcy Looms, Rhode Island City Offers Gloomy Lesson --- Detroit Plan Would Put City Under Board to End Deficits
(DBN)

JeffCo creditor asks judge to let receiver raise sewer rates
(DBN)

Jefferson County Agency to Use Reserves for Lease-Debt Payment
(DBN)

Jefferson County navigates the politics of going broke
(DBN)

Bankruptcy attorney says JeffCo shutdown not likely
(DBN)

Los Angeles Mayor to "lay off a large number of employees"
(DBN)

Bankrupting Providence
(DBN)

Flanders calls Providence bankruptcy probable
(DBN)

Willows on path to bankruptcy?
(DBN)

Why These 20 Cities are Leading the Recovery
(DBN)

These 15 American States Would Get Slammed In A Hard China Slowdown
(DBN)

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Economy:

Bernanke Says Central Banks Should Defuse Financial Threats
(DBN)

US unemployment aid applications drop to lowest level in 4 years --- New claims for jobless benefits drop; GDP grows at solid pace
(DBN)

What Are Durable Goods, Anyway?
(DBN)

Four Numbers Add Up to an American Debt Disaster
(DBN)

Plosser Says Fed May Need to Raise Rates Before End of 2014
(DBN)

Quarter four income trends up, boost for spending
(DBN)

Treasury Takes $48.8 Million Bath on TARP Auction
(DBN)

House Adopts GOP Budget Calling for Cuts
(DBN)

Greenberg Urges Judge to Let $25 Billion AIG Claim Against U.S. to Proceed
(DBN)

US Debt Clock
(DBN)

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Real Estate:

MERS Judge Sets Aside Bankruptcy Court's Critical Ruling
(DBN)

Housing Data: We Have Not Hit Bottom
(DBN)

Vast majority of Americans not moving, plan to remodel
(DBN)

CoreLogic: Almost 65,000 completed foreclosures in February 2012
(DBN)

No, the affordable housing push didn’t cause the subprime crisis
(DBN)

Investment and vacation home sales soar in 2011
(DBN)

Mortgage Rates Drop After Downbeat Housing Reports
(DBN)

The foreclosure settlement rewards banks for standard practices
(DBN - NY Times - Paywall Limit Possible)

Consumers pay auto loans before mortgages
(DBN)

Wells Fargo, SEC Told to Meet to Resolve Subpoena Requests for MBS Probe
(DBN)

Bad news for BofA MBS deal objectors: Kapnick tosses Walnut suit
(DBN)

Bank of America’s Countrywide Wins Dismissal of Mortgage Securities Suit
(DBN)

Ally Agrees To Postpone Lawsuit Deadline Over Bank Unit
(DBN)

Knoxville: Centennial Bluff declares Chapter 11 bankruptcy
(DBN)

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Student Debt:

Student Debt: Contractors Play Hardball

There is no student loan 'crisis'
(DBN)

Kindergarten Student Loans Are a Sad Reality of Our Time
(DBN)

Will You Marry Me (After I Pay Off My Student Loans)?
(DBN)

______________

Retailing:

Best Buy Cutting 50 Stores To Get Profitable. Good Luck With That.
(DBN)

Retailers on the Block: Sears Shops Lands’ End
(DBN)

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Corporate Reform:

CFPB guidelines too subjective, GOP says --- Still angry about consumer bureau
(DBN)

______________

Health Care:

Cumberland-Pacer Files For Chapter 11 After Losing Lease
(DBN)

Wide Support for Overhauling US Health Care --- Eleven Alternatives to Obamacare's Individual Mandate
(DBN)

Changing the way doctors get paid
(DBN)

______________

Baseball:

Jamie McCourt's Share: Baseball's Worst Deal? --- Owner's ex-wife seeks a $131 million cut from Dodgers sale
(DBN)

Team's purchase delights Los Angeles Dodgers players
(DBN)

Experts baffled by Dodger sale price of $2.15B --- Price Tag Shatters Records
(DBN)

Why Frank McCourt is the big winner of the LA Dodgers sale
(DBN)

Yankees’ Value $2.85B After Dodgers Bid: Analyst
(DBN)

______________

Boating:

Jacobs drops defamation suit against Genmar trustee
(DBN)

______________

Alternative Energy:

A Cautionary Solar Story? New Solyndra Report Details A Dramatic Fall
(DBN)

______________

Utilities:

SME trustee: No 'easy way out' of contract for city, dissolution unlikely
(DBN)

______________

Credit Counseling:

The Bible Says: You've Been Sued
(DBN)

______________

Oil/Gas:

Obama wants tax breaks for oil companies stopped
(DBN)

______________

Shipping:

A Bad Month for Big Shippers
(DBN)

______________

Tobacco:

Treasury Department wants Renegade to set aside disputed tax revenue
(DBN)

______________

Fraud:

Reserve Primary Fund founder fails to end SEC fraud case
(DBN)

Disgraced ex-Hogan Lovells partner pleads guilty to fraud
(DBN)

______________

Tax:

Small Business Tax Break That Favors the Rich
(DBN)

______________

Credit/Debit Cards:

The stranglehold of payments networks
(DBN)

The evolution of prepaid debit
(DBN)

______________

Hedge Funds:

World's Biggest Hedge Fund's Head Makes $3.9 Billion
(DBN)

Highest Paid Hedge Fund Managers
(DBN)

______________

Debt Collection:

Private debt collectors made $1 billion working for the Department of Education last year
(DBN)

______________

Gambling:

Station Casinos posts $4.8 million loss in Q4, $195.6 million loss in 2011
(DBN)

Nassau OTB faces fiscal crunch of its own
(DBN)

The blackjack player who single-highhandedly broke Atlantic City casinos
(DBN)

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New Bankruptcy Opinions
(No new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (31 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:

Final Four Chapter 11 Match-Ups
(DBN)

Rochelle on Delaware Venue, Syms, Solyndra, Vertis
(DBN)

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Bankruptcy Statistics:

In bankruptcy data, signs of better economy
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Personal Bankruptcy:

Tax Rebates Lead to Bankruptcy Filings
(DBN)

______________

Consumer Finance:

Is Loaning Money at a 350% APR Evil?
(DBN)

______________

Litigation:

A Sampling of Smart Litigation Management Tools
(DBN)

Google Apps Vault Adds E-Discovery Features to Google Apps for Business
(DBN)

How to Use iOS 5 Devices in Litigation
(DBN)

eDiscovery Case of the Month

______________

MF Global:

MF Collapse Spooked Big Investors, Fed Finds
(DBN)

Who's Who at MF Global
(DBN)

MF Global Wasn't Well Regulated, Isaac Says
(DBN)

MF Global employees were aware of missing customer funds days before bankruptcy
(DBN - NY Times - Paywall Limit Possible)

______________

Religion:

Archbishop Listecki to lead Mass of Atonement for church's sins
(DBN)

Victims call on Listecki to atone in court as well as special Mass
(DBN)

______________

Magazines:

Key creditor bids to buy publisher of Jewish Times --- Three Bids
(DBN)

______________

Banking:

Three Major Banks Facing Possible Credit Downgrades
(DBN)

The Dallas Fed wants to break up big banks in a "radical indictment of the nation's financial system"
(DBN)

______________

Autos:

Why Won't Washington Sell Its GM Stock?
(DBN)

______________

Aviation:

AMR wants American Airlines' work rules overhauled
(DBN)

AMR reports net loss of $619 million in February
(DBN)

Direct Air releases statement on bankruptcy
(DBN)

Direct Air's owners continue to blame executives for plunge
(DBN)

Direct Air managers combing through finances
(DBN)

Hawker Beechcraft Bankruptcy Rumors Growing
(DBN)

Air Canada unit had 'productivity issues'
(DBN)

Plane Makes Emergency Landing After 2 Children Refuse To Buckle Seatbelts
(DBN)

______________

Orchestras:

Musicians agree to binding arbitration with Louisville Orchestra ...
(DBN)

______________

Education:

Harvard Acceptance Rate Falls To Record Low
(DBN)

______________

Politics:

Etch-A-Sketch lives on in new Elizabeth Warren campaign video ‎
(DBN)

Mitt Romney tells a "humorous" story about closing a Michigan factory
(DBN)

Political Affiliations by New Car Model
(DBN)

Obama: 'You can't go take a trip to Vegas on taxpayer's dime'
(DBN)

______________

UK:

Raft of advisers act as Supreme Court settles insurer liability on asbestos exposure claims
(DBN)

Bank of England Faces Call for Financial Crisis
(DBN)

Why America’s recovery is so much better than Britain’s
(DBN)

______________

EU:

Euro zone to back higher combined bailout fund
(DBN)

Europe Moves to Bolster Firewall to Protect Spain, Italy
(DBN)

Noonan Says Euro Area Should Aim for $1 Trillion Firewall
(DBN)

You know things are bad in Europe when you see this
(DBN)

______________

PIIGS:

Millions stay off the job to protest new labor laws in Spain
(DBN)

Spain to Unveil Deep Budget Cuts
(DBN)

Spanish Stocks Staring Over the Edge
(DBN)

ie: Eircom Applies For Examinership
(DBN)

Two men torch themselves in Italy as hardship bites
(DBN)

______________

Canada:

Canada Raises Retirement Age to 67
(DBN)

______________

Japan:

TEPCO seeks new billions from Japan
(DBN)

______________

China:

Wringing Value Out of China's Bad Loans
(DBN)

______________

MENA:

Arcapita Bank Wins Permission to Manage Cash, Pay Wages
(DBN)

______________

Mexico:

Mexico's Vitro to pay millions more for energy
(DBN)

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Copyright 2012