November 16, 2012

The Daily Bankruptcy News

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Law:

Wells Fargo survey predicts law firms will cut partners --- Report Offers More Bad News for Large Firms
(DBN)

New Partner Watch: Does Cravath’s Bumper Crop Bode Well for Biglaw Bonuses?
(DBN)

Law firms face same merger risks as their clients
(DBN)

Gone but not forgotten - bankrupt firms pursue unfinished business
(DBN)

Howrey Trustee Moves to Squash Proposed Class Action Targeting Former Firm Partners
(DBN)

Age Discrimination v. Generational Divide
(DBN)

Some Downtown Biglaw Firms Seem To Be Struggling With Sandy Recovery --- Attorneys Battered by Sandy Find Temporary Ports After the Storm
(DBN)

Law Firm Mergers: Competition Over Consolidation
(DBN)

Legal malpractice case revived against Akin Gump
(DBN)

From Biglaw to Boutique: Departure Memos
(DBN)

The Decline of Cost Recovery For Online Legal Research: Two Reports Track Trends
(DBN)

Females and big law - What difference do those women’s initiative committees make?
(DBN)

Report Finds ‘Stagnation’ in Diversity at New York City Law Firms
(DBN)

The New Normal: Collaboration between Corporates, Law Firms and LPO providers
(DBN)

Attracting Attention Versus Being Good
(DBN)

As the Crisis Is Revisited, Lawyers Win
(DBN)

‘If I Can’t Get An Interview, Should I Film Myself Being Interviewed Then Post It On YouTube?’
(DBN)

Top NY Court OKs Temp Admission of Out-of-State Lawyers for Pro Bono Work re Hurricane Sandy
(DBN)

Evernote For Mac Just Got A Major Overhaul
(DBN)

The Favorite Gadgets And Apps Of CEOs
(DBN)

Ignore the Consumerization of IT at Your Peril?
(DBN)

Foundation’s Forgivable Loans to U of Texas Law Profs Draw Fire; Former Dean Got $500K
(DBN)

Law School Transparency: Crisis ahead
(DBN)

We’ve Already Mocked Michigan Law’s Secret Society, Now It’s Time to Mock Their Law Fraternity
(DBN)

Sorry, Dean, Those Bar Results Are ‘For Real’ --- Law School Dean: It's Not The School's Fault Our Grads Bombed The Bar
(DBN)

A Lawyer Hates His New Microsoft Surface So Much He's Suing
(DBN)

John McAfee is hiding in the jungle with a 'young woman'
(DBN)

Man Threatens Obama's Life On Facebook, Makes Matters Even Worse During Secret Service Interview
(DBN)

Woman Stabs Husband, Explains To Cops That Victim Was "Satan's Spawn"
(DBN)

Eye Contact with Defendant Leads to 2-Year Jail Term for Potential Juror
(DBN)

Man Protecting His House From Fire Gets Police Taser Shot in the Back
(DBN)

Mug Shots
(DBN)

New Testimony from ‘I Did It. So What?’ Murderer
(DBN)

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Judges:

Sorry Secessionists, Justice Scalia Won't Help You Out
(DBN)

Judging Obama's Second Term
(DBN)

Judge Finds 742-Page 'Stew' Irrelevant
(DBN)

Beverly Hills and Malibu Courthouses Shutting Down
(DBN)

Chicago Judge Who Asked About Mystery Cases in Federal Court Resigns, Complains of ‘Persecution’
(DBN)

Obama's Supreme Choices
(DBN)

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Wall Street:

Stock index futures point to lower start
(DBN)

Stocks edge lower after weak retail reports
(DBN)

Stephen Colbert's Hilarious Explanation Of High Frequency Trading
(DBN)

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Layoffs:

New jobless claims surged last week after Superstorm Sandy
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mass Torts:

BP agrees to criminal plea, $4 billion settlement in Gulf oil spill case --- It's Not Over For BP --- Only the Beginning of the End --- BP: A Guide to Charges --- BP's Macondo deal comes with criminal hangover --- BP Exec Charged with Lying, Workers with Manslaughter
(DBN)

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Alternative Energy:

Delaware bankruptcy judge approves sale of former Solyndra headquarters
(DBN)

Solar power producer Suntech cuts shifts, jobs
(DBN)

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Aviation:

CWA takes out newspaper ads in representation fight with American Airlines
(DBN)

Estonian Air May Be Headed for Bankruptcy
(DBN)

Airline SAS follows Nordic reforms, hopes not too late
(DBN)

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Retailing:

Scary Reality: Walmart Customers Are Struggling --- 22 Companies That Are Addicted To Walmart --- Crazy Facts About Walmart
(DBN)

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Health Care:

WellStar Health System Purchases Newt Gingrich's Bankrupt Think Tank
(DBN)

Bad Debt Exceeds 2% of Total Cost of Services for Most Hospitals
(DBN)

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Labor:

Hostess says liquidation decision expected Friday
(DBN)

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Economy:

Consumer Prices in US Rose at a Slower Pace in October
(DBN)

US could grow 3 percent if budget resolved quickly: Fed's Lacker
(DBN)

Obama's Offer to Resolve 'Cliff' Is ‘Sucker’s Game': Wilbur Ross --- Fiscal cliff Q&A: 'Will all hell break loose?'
(DBN)

NY Fed Survey Finds Dealers Expected QE Through First-Quarter 2014
(DBN)

Fed's Fisher: Congress Has Been Disgrace on Fiscal Issues
(DBN)

Manufacturing in Philly, New York regions shrinks
(DBN)

See What Your Paycheck Will Look Like Pre- And Post-Fiscal Cliff
(DBN)

US business confidence continues its stunning collapse
(DBN)

Retirement Confidence Bounces Back
(DBN)

U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected --- Latino Poverty Rate Climbs to 28% --- Social Security, America's most effective anti-poverty program
(DBN)

Sheila Bair Says We're Headed for Another Crisis
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Banks Do Some Of Their Best Work When They’re Spending Other People’s Money
(DBN)

About That $25 Billion Robo-Signing Settlement
(DBN)

Mortgage Rates Fall to Record Lows With 30-Year at 3.34%
(DBN)

Delinquency, foreclosure data shows drop in shadow inventory
(DBN)

Zillow: 1.3 million fewer U.S. homeowners were in negative equity in Q3
(DBN)

Where America's underwater homeowners live
(DBN)

October Foreclosure Activity Rises +3%
(DBN)

Foreclosures Will Hurt Housing for at Least 5 More Years
(DBN)

Bernanke Says Fed Will Do What It Can to Support Housing
(DBN)

Mortgage Delinquencies, Foreclosures Begin to Drop
(DBN)

Navigating landlord-enhanced ‘Good Guy’ Guaranty
(DBN)

When termination is not termination: Bankruptcy Courts views on leases
(DBN)

Housing not yet out of the woods: Bernanke
(DBN)

Mastros plan to appeal case to French Supreme Court
(DBN)

CBRE Group: Retail Space Availability Expected To Tighten Next Year
(DBN)

Adversity or Burglary? Texas Man Convicted In Bizarre Squatting Case
(DBN)

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Brokers:

Report: Raters, regulators failed MF Global --- The Report
(DBN)

GOP tensions flare over SEC, CFTC merger
(DBN)

Peregrine Auction: Wine, Cars, Meat Slicers! Everything Must Go!
(DBN)

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Food/Beverage:

Hostess: Company toast if bakers strike continues --- Miller braces for ramifications of liquidation --- No More Twinkies? It. Can't. Happen. In. America.
(DBN)

Upper Crust owners' Groupon deals said to leave franchisees on the hook for tens of thousands
(DBN)

Denny's Owner John Metz to Charge Customers 5% 'Obamacare Surcharge'
(DBN)

Restaurant owner shows exactly how much dishes are marked up
(DBN)

Judge denies most attorney fees in Delta Produce PACA case
(DBN)

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Fraud:

Stanford investors, receiver file suit against two law firms: Greenberg and Hunton
(DBN)

Brooke Corp. executives face federal criminal charges
(DBN)

DOJ Announces Charges in Business Opportunity Fraud Cases
(DBN)

Zeek receiver expenses tally more than $850k
(DBN)

Women Who Insider Traded On Shared Boyfriend’s Behalf Somehow Found Not Guilty
(DBN)

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Politics:

Here's What's Happening In The Big Battle To Keep Elizabeth Warren Off The Senate Banking Committee
(DBN)

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Mail:

Postal Service posts record $16 billion loss for 2012 --- Postal Service: 'Far short on liquidity'
(DBN)

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Banking:

Former Banks Officials Settle FDIC's Failed Bank Action for Assignment of D&O Policy Rights
(DBN)

FDIC Sues Auditors Over Colonial Bank Collapse
(DBN)

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Defaults:

U.S. corp default rate to rise to 3.7 pct by Q3 2013
(DBN)

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Autos:

Why Chrysler's Makeover is Far From Finished
(DBN)

GM Boss Akerson Says Company Will Keep Opel Unit
(DBN)

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Investment Advisors:

Farninash Appointed Trustee In Jack E. Brown Involuntary Bankruptcy
(DBN)

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Compensation:

District Court Affirms SEC's SOX Section 304 Right to Recoup Bonus Compensation from Executives of Companies Restating Financials
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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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Bankruptcy Statistics:

Bankruptcies drop, firms adapt
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Recent Pleadings:

Howrey Bankruptcy Trustee Balks At Proposed Class Action
(DBN)

Bankruptcy Court Confirms Clare Oaks Plan
(DBN)

Stanford receiver Sues Greenberg and Hunton
(DBN)

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Sales:

Report: Views from the Bench: Sales and Executory Contracts Panel
(DBN)

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Bankruptcy Compensation:

Kodak's CEO Prioritizes His Compensation Even Amid Bankruptcy
(DBN)

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Litigation:

Should Law Firms Outsource E-Discovery?
(DBN)

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Municipalities:

MI: State proposes hybrid emergency manager law, easing ability for municipal bankruptcy filings
(DBN)

Lawyer: 'Detroit should go bankrupt '
(DBN)

The States With The Biggest Per-Capita Budget Deficits And Surpluses
(DBN)

Has California Finally Hit Rock Bottom?
(DBN)

The 20 Most Distressed Cities In America
(DBN)

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Ratings Agencies:

SEC Report Finds Faults With Credit Raters
(DBN)

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Weather:

Stock, Bond Certificates Held by DTCC Damaged by Sandy Flood --- Business Losses From Sandy Expected to Grow --- After Sandy, Do You Still Want a Beach House?
(DBN)

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Celebs:

More On The Socialites At The Heart Of The Pentagon Scandal... --- Photo Of 'Shirtless' FBI Agent Is Out, And It's Definitely A Joke --- Report: David Petraeus Talked Paula Broadwell Out Of A North Carolina Senate Run --- Jill Kelley Told A Reporter She Was At The White House In September
(DBN)

Lenny Dykstra awaits sentencing
(DBN)

Toni Braxton Loses Another Home to Foreclosure
(DBN)

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Video Games:

GameStop Is Planning To Close 200 Stores
(DBN)

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Corporate Reform:

SEC gets more than 3000 tips from whistleblower program
(DBN)

JPMorgan’s Trades Ensnared by Post-Enron Regulator Zeal
(DBN)

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Tax:

Millions of dollars feared missing in Brown's Tax Service case
(DBN)

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Electricity:

Edison Mission Energy misses payment, faces likely bankruptcy
(DBN)

Midwest Generation's parent 30 days from Ch. 11
(DBN)

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Sovereigns:

Argentina's Debt Restructuring Argument Could Be Very Significant For The Global Economy
(DBN)

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UK:

E&Y faces formal complaint over Farepak audit
(DBN)

UK fraud squad faces $4.8 mln Tchenguiz legal bill
(DBN)

World's Rich Snap Up U.K.'s Most Expensive Homes
(DBN)

District council 'on the verge of going bankrupt '
(DBN)

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EU:

Europe Needs a Chapter 11
(DBN)

Markets Are Sliding Again In Europe
(DBN)

Europe's Recession Not as Bad as It Seems
(DBN)

More Flee to Germany from Southern Europe
(DBN)

There's Money in Europe's 'Fear, Stress, Panic': Pros
(DBN)

In a Switch, Investors Are Buying European Bank Bonds
(DBN)

Banking union needs power to wind down banks - ECB's Weidmann
(DBN)

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PIIGS:

The Life of Greece's One Percent --- IMF Draws Line in Sand on Greek Debt --- Why Germany’s lightening up on Greece --- Recapitalized Greek banks to face strict monitoring-banker
(DBN)

Spain Suicides Spark Eviction Law Risking Bank Losses
(DBN)

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France:

France Is Furious About The New Cover Of The Economist
(DBN)

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Hong Kong:

Hong Kong Oct bankruptcy petitions up 17.1 pct from Sept
(DBN)

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Copyright 2012