March 9, 2012

The Daily Bankruptcy News

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Law:

Study Finds Future Lawyers May Snub Politics
(DBN)

'Mockingbird' Lawyer Helped Write Alabama Bankruptcy Rule
(DBN)

A Quinn Emanuel Partner’s Lecherous ‘Reply All’
(DBN)

Quinn Emanuel plans raft of office launches across Europe and Asia
(DBN)

Travers targets new US links as referral partners bulk up in London
(DBN)

K&L Gates Sues Casino Over Gambling Debts Incurred by Former Partner
(DBN)

Pre-Merger, Baker & Daniels's Revenue Rose and Faegre's Fell
(DBN)

A&O centre stage as Greece attempts to stave off default
(DBN)

Three Am Law Firms Advise on Treasury's $6 Billion Sale of AIG Shares
(DBN)

When does permissible "flattery" become impermissible "lies"?
(DBN)

Jacoby & Meyers: Pushing in 3 states to allow non-lawyers to invest in law firms --- Mercedes Salesman Among Potential Investors --- Challenge to law firm ownership ban thrown out
(DBN)

Law Firm Claims It Had No Control Over $464 Mln Fee Request
(DBN)

London firms foresee slow growth but Q3 revenues rise 7% at top 100
(DBN)

Greenberg Traurig names new managing shareholder of Dallas office
(DBN)

Fulbright & Jaworski partner and wife jailed for 16 months
(DBN)

Texas GOP Senate Hopeful Attacked by Primary Foe for Being Partner at "Liberal" Morgan Lewis
(DBN)

In-House Lawyers Increasingly in Dual Legal/Business Roles
(DBN)

Mice-Infested Law School in NYC
(DBN)

Harvard Law Elects Guy Who Intends to Quit
(DBN)

Cooley prevails against student it accused of cheating
(DBN)

Summer Hiring: It was the Most Lackluster of Times, It was the Least Inspiring of Times
(DBN)

From Biglaw to Boutique: Scaling Up and Down
(DBN)

Five Types of Law Firm Partners
(DBN)

10 Lessons from 30 Years in the Law
(DBN)

Stanford, ‘Anonymous,’ Goldman, Apple, Continental-Concorde in Court News
(DBN)

Ex-BigLaw Partner’s Jail Time in $370K Client Theft Case Will Let Him Work and Make Restitution
(DBN)

Lawyer of the Day
(DBN)

Merger talks push firm to mull lockstep revamp
(DBN)

Jury Foreman Explains Glock GC Guilty Verdict
(DBN)

Four BigLaw Firms Fail to Get an ‘A’ Rating on Their Lunchrooms
(DBN)

DC Court of Appeals Disbars Lawyer for ‘Egregious’ Murder-Case Misconduct While a Federal Prosecutor
(DBN)

Lawyer Illustrates Study Suggesting Educated Women Quitting Jobs Due to Higher-Earning Husbands --- Survey Highlights Keys to Retaining Women
(DBN)

Virtual Paralegals Move Legal Work Online
(DBN)

iPad Rivals Fire Back - Things Samsung Tablets Can Do That iPad Can't
(DBN)

Lawyers and iPads: Just Two
(DBN)

Superheroes of the Legal Profession: Paralex
(DBN)

Law based on animal fable confuses jurors, lawyers and judges
(DBN)

A Model’s ‘Fat ---’ Gets Her Fired, But Earns Her a Win in Court
(DBN)

Mom Ordered to Pay Child Support for Adopted Boy She Sent Back to Russia
(DBN)

Man Arrested at Grocery Store for "Criminal Mischief With The Cheese"
(DBN)

Three-Year-Old Girl Left At Chuck E. Cheese . . . Parents Find Out Watching The 11 O’Clock News
(DBN)

Actor Seagal sued over 2011 arrest
(DBN)

Man Without Cellphone Ticketed For Talking On Cellphone While Driving
(DBN)

'Godzilla' wild turkey terrorizes woman... 'Prisoner in own home'
(DBN)

Juror's tweet cost taxpayers $600,000
(DBN)

Say What?!
(DBN)

______________

Judges:

The ‘Cat’s Paw’ Doctrine
(DBN)

Lawyer Tells Judge He Didn’t Mean Anything Racist by ‘Guard Chihuahua’ Comment
(DBN)

Judge Who Nailed Chevron for Billions Gets the Boot
(DBN)

Authors of Lab Coat Study Wonder Whether Judicial Robes Spur Changes in Behavior
(DBN)

Warm day at courthouse turns chaotic in shootout
(DBN)

The Judge In The Mets Owners' Trial Is A Big Yankee Fan
(DBN)

______________

Wall Street:

Stock futures edge lower; focus on jobs data
(DBN)

Wall St up as Greek debt swap looms
(DBN)

Morgan Stanley’s Jennings Faces Tested Hate-Crime Law in Cab Stabbing Case
(DBN)

Wall Street workforce up in 2011, despite layoff fears
(DBN)

______________

Layoffs:

Jobless Claims in US Rose 8,000 Last Week
(DBN)

U.S. Unemployment Up in February
(DBN)

U.S. Job Creation Declines in February
(DBN)

Busting One Myth Behind the Unemployment Rate
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Utilities:

Bankruptcy judge denies PSC bid to join Southern Montana Electric case
(DBN)

______________

Oil/Gas:

Cano Petroleum files for bankruptcy --- Seeks Court Approval For Marketing Process
(DBN)

Cano Petroleum Enters Chapter 11, Plans To Sell Its Assets For $47.5M
(DBN)

______________

MF Global:

MF Global Customers Call Trustee's Demands 'Unwarranted'
(DBN)

MF Global Staff Payouts
(DBN)

______________

Municipalities:

Jefferson County Receiver Gets Approval to Question Workers in Sewer Fight
(DBN)

Woonsocket mayor says city is desperate, taxes on the table --- Woonsocket Now at Junk Bond Status
(DBN)

Stockton's pension struggles an ominous signal
(DBN)

Harvard Is Now Cheaper Than California State Schools
(DBN)

______________

Golf:

South Carolina Country Club Owner Files for Bankruptcy Protection
(DBN)

John Georges agrees to provide funding to take country club out of bankruptcy
(DBN)

______________

Religion:

The U.S. Government Just Put The Vatican On A List Of Places Where It's Easy To Launder Money
(DBN)

______________

Economy:

Household Worth in US Rises
(DBN)

Initial Unemployment Claims in U.S. Increase More Than Forecast to 362,000 --- Jobless claims rise, but labor market healing
(DBN)

5 Reasons To Be Worried About Today's Jobs Report --- Employment data may be too good to be true --- February jobs gains seen strong, keeping Fed at bay
(DBN)

You're about twice as likely to be behind on a student loan than on a credit card or mortgage
(DBN)

Spanx creator Sara Blakely becomes youngest woman on Forbes Billionaires List --- Spanx Inventor Gave Up Idea of Law School After Doing Poorly on LSAT
(DBN)

Household debt rises in 4Q, though mortgage debt declines --- Consumer Borrowing Almost to 2007 Levels
(DBN)

US Eyes Summers and Rice for World Bank
(DBN)

Real Cost of Living: $150,000 Minimum
(DBN)

To Die and Let Live
(DBN)

On Jobs, Russell Chief Economist Most Optimistic of Pessimistic Bunch
(DBN)

Shiller: Don't resent the rich -- just tax them like crazy
(DBN)

AIG Bailout: $42 billion to go
(DBN)

Americans Fear Impact of Foreign-Held Debt on Economy
(DBN)

In U.S., $5.30 Gas Would Force Major Life Changes
(DBN)

Govt. sets record deficit in February
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Bank of America reaches side mortgage deal: report
(DBN)

Bank of America CEO says mortgage process healing | Reuters
(DBN)

EpiCentre emerges from bankruptcy protection
(DBN)

3 Attorneys Face Felony Charges Over What Calif. AG Calls a Law Firm Home-Loan Modification Scam
(DBN)

Judge overlooked missing filing in foreclosure case: court
(DBN)

Home Alone House Sold
(DBN)

Seattle homes below $200,000 gain buyers, not so in other markets
(DBN)

Recovering housing market still poses problems for banks, S&P says
(DBN)

Clogged foreclosure pipeline in Northeast slowing recovery
(DBN)

How To Flip A Meth House For A $50,000 Profit In 6 Weeks
(DBN)

Freddie Mac: 15-year mortgage rate hits a record low 3.13%
(DBN)

Mortgage Rates Keep Dancing With ‘Record’
(DBN)

‘Forced’ Home Insurance Policies Face New Scrutiny
(DBN)

ResCap sale close
(DBN)

MERS Case Heads to Sixth Circuit
(DBN)

_____________

Banking:

Wells Fargo to charge $7 fee on more checking accounts
(DBN)

Bawdy protesters bust up Brian’s Bof A speech --- Brian Moynihan's Hilarious Deadpan Reaction Was The Best Part Of Protest
(DBN)

Bankers’ Pay in Asia to Grow at Double US Pace
(DBN)

Why you should ignore banks' whining about falling "return on equity"
(DBN - NY Times - Paywall Limit Possible)

Citigroup refuses to release a crucial number about how much capital it has
(DBN - NY Times - Paywall Limit Possible)

______________

Aviation:

AMR wants another six months to propose reorganization plan
(DBN)

American's unions ask federal mediators for binding arbitration --- Prefer binding arbitration to possible rejection of their contracts --- Bates: Let's resolve contract issues in binding arbitration --- TWU's letter to NMB asking for binding arbitration
(DBN)

J.P. Morgan Analysts See A Merger In AMR's Flight Path
(DBN)

Air France-KLM warns on first-half outlook
(DBN)

San Bernardino airport business tangled in controversy files for bankruptcy, alleging 'intent to cripple'
(DBN)

Ryan still flying during Chapter 11 process
(DBN)

Pemco Owes Creditors More Than $12 Million
(DBN)

______________

Celebs:

Duerson's family settles ex-Bear's bankruptcy
(DBN)

Fascinating Interview With Talking Bear
(DBN)

______________

IP:

Judge says Apple can't pursue patent infringement case against Kodak
(DBN)

______________

Newspapers:

Newspapers Are The Fastest Shrinking Industry In The US --- The Ghosts in the Newsroom
(DBN)

News Corp. Hacked Family Priest’s Phone for Pop Star Stories, Lawyer Says --- "From the beginning... there was a conspiracy among senior executives to deceive the police"
(DBN)

______________

Personal Finance:

Why Paying Down Your Debt Can Be A Bad, Bad Decision
(DBN)

______________

Politics:

Warren Wages ‘War of Imagery’ to Recoup Senate Seat
(DBN)

Poll: 50 Percent Of Americans Call Obama A 'Failure'
(DBN)

Being in Congress: The Thrill is Gone
(DBN)

______________

Gambling:

Wait! Those Amazing Las Vegas Gambling Numbers Actually Don't Look Very Good
(DBN)

______________

Baby Products:

Questions still remain in Maclaren USA bankruptcy case
(DBN)

______________

Fraud:

Stanford foreign accounts should be forfeited-jury --- Must Forfeit All Funds in Seized Accounts
(DBN)

Government's strong case led to Stanford conviction-jurors --- Defense Team Sees Appellate Issues Aplenty in Stanford Case
(DBN)

Bruce Donner Gets 18 Months in Prison for $80 Million Leasing Ponzi Scheme
(DBN)

Wealth Could Be Risky Issue for Mets Owners Should They Face a Jury
(DBN)

TD Bank Takes Another Rothstein Hit
(DBN)

______________

Resorts:

Warner Springs resort bankruptcy is tangle of fractional interests
(DBN)

______________

Debt Collection:

W.Va. AG suing debt-buying company
(DBN)

______________

Distressed Investing:

A Distressed Deal Buyer's Guide
(DBN)

______________

Tax:

IRS Warns Tax Scammers Target Elderly Church Members
(DBN)

9 Signs You're About to be Audited
(DBN)

______________

Soccer:

Swiss club Servette staves off bankruptcy
(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 (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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:

Rochelle on Capmark, MF Global, Blixseth, Magistrates
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

Defanging Stern v. Marshall
(DBN)

______________

Sales:

Gimme Shelter: “Transactions Integral to a Sale” Are Given Section 363(m)Protection
(DBN)

Credit Bidding and the Supreme Court: What Happens Next?
(DBN)

______________

Plan Confirmation:

Seventh Circuit Affirms Secured Creditors’ Cramdown Rights
(DBN)

______________

History:

McDonald’s Obesity Lawsuits, Circa 1880
(DBN)

______________

Corporate Governance:

Shareholders Show Likelihood of Success that El Paso/Kinder Morgan Merger Process was Tainted by Disloyalty but Chancellor Denies Request for Injunctive Relief
(DBN)

Little to brag about in El Paso deal
(DBN)

Goldman Sachs Raises Conflicts to a High Art
(DBN)

Women Make Gains on Company Boards Worldwide but Remain a Rarity in the U.S.
(DBN)

Lessons Companies Can Learn from CalSTRS “Lessons Learned”
(DBN)

______________

Photography:

Apple barred from pursuing Kodak patent claims
(DBN)

Kodak Holds Town Hall Meeting
(DBN)

______________

Autos:

Auto industry bailout may be bigger than you knew
(DBN)

Delphi Retirees Are Among the Human Victims of the Auto Bailout
(DBN)

World's Richest Car Guy is a Woman
(DBN)

______________

Accounting:

Ernst & Young - Quality In Everything We Do
(DBN)

______________

Rating Agencies:

Conn. AG: States should sue
(DBN)

______________

Health Care:

13% Of American Kids Live In A Family That Can't Afford Its Medical Bills
(DBN)

Plaintiff in healthcare law challenge went bankrupt – with unpaid medical bills
(DBN)

______________

Alternative Energy:

USA Today uncovers Republicans' support for energy loans they blast
(DBN)

Solar Panel Sales Seen Dropping First Time in Decade Feeding Glut
(DBN)

______________

Mass Torts:

BP spill claims process set up, Feinberg relieved
(DBN)

Legal fees in Gulf oil spill deal stir conflict
(DBN)

______________

Education:

Public Universities a Bad Deal for Middle Class
(DBN)

______________

M&A:

A Death to Contingency Fees? Not Yet
(DBN)

Gathering Storm Clouds in Delaware M&A?
(DBN)

______________

Corporate Reform:

U.S. regulators 'paralyzed' by lawsuit threat
(DBN)

______________

UK:

Lehman's curse
(DBN)

U.K. Manufacturing Increases Less Than Forecast in January
(DBN)

SFA says Rangers chairman is not 'fit and proper'
(DBN)

Homelessness In The UK Jumps 14% In One Year
(DBN)

______________

EU:

ECB: Gloomy on economy, upbeat on euro
(DBN)

ECB's Draghi Destroys Hopes For Future Rate Cut, Scoffs At Risks To Bank's Balance Sheet
(DBN)

Draghi Lays Groundwork for ECB Stimulus Exit as Inflation Takes Spotlight
(DBN)

______________

PIIGS:

Greece closes in on bond swap, hurdles key threshold --- Expectations Are High That Greek Bond Swap Deal Will Succeed
(DBN)

Greek Debt Swap at 95% After Bondholders Forced to Join --- Roubini: Greece's private creditors got a "pretty sweet deal"
(DBN)

Some hedge funds find Greek bond loophole, to purse full payout
(DBN)

Legal Snags Could Halt Greece's Debt Deal In Its Tracks
(DBN)

Greek Deal Leaves Market in ‘Uncharted Territory’: Experts
(DBN)

Greece should be allowed to default on debt and exit the eurozone
(DBN)

One in two young Greeks are unemployed - jobs crisis spirals --- Quarter of Greeks out of work by end-2012
(DBN)

ISDA to meet Friday to discuss if Greek swap is a credit event
(DBN)

Italy Has One Million Invisible Homes
(DBN)

______________

Canada:

Oilsands Quest Update
(DBN)

______________

Austria:

Bank bankruptcy law planned
(DBN)

______________

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Copyright 2012