November 2, 2012

The Daily Bankruptcy News

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Law:

Jenner, Akin Gump, Fried Frank, Kramer: Business of Law
(DBN)

Ropes & Gray LLP: News & Publications: Ropes & Gray Names New Bankruptcy Partner --- Daniel Martin
(DBN)

More on Law Firms, Bankruptcy and 'Unfinished Business'
(DBN)

Hungry JDs: Don't assume it's getting better
(DBN)

This Corporation's Top Lawyer Gave More To Candidates Than Any Other General Counsel

Court OKs warrantless use of hidden surveillance cameras
(DBN)

Two Savannah law firms to merge
(DBN)

NYU Law Grads Are Doing "Terrifically," Says the Dean
(DBN)

Slaughter and May cuts its Christmas bonuses
(DBN)

Freshfields rumored to be exploring an Aussie tie-up
(DBN)

Thompson & Knight Hit With $960,000 Final Judgment
(DBN)

Winstead, Texas comptroller and AG seek summary judgment over tax deductibility of lawyer perks
(DBN)

Tom Corea's Bankruptcy Shows How He Allegedly Spent His Clients' Money
(DBN)

The Netherlands' most famous lawyer is struck off for life
(DBN)

Officer Accused Of Tasering 10-Year-Old Boy Who Refused To Clean His Patrol Car
(DBN)

In-house lawyer's novel features vampire, romance
(DBN)

Say What?!
(DBN)

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Judges:

Arizona gets 3 new federal bankruptcy judges
(DBN)

A Challenge to a Unique Judicial-Election Process
(DBN)

In EU’s Top Court, Silence Is Golden
(DBN)

In SDNY, Speedy Trial Clock Stops Ticking
(DBN)

Filings up, opinions down at 5th Circuit
(DBN)

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Wall Street:

US stock index futures point to flat to lower open
(DBN)

Dow Rallies 136 Points --- U.S. stocks end 1% higher on upbeat data
(DBN)

14 Stocks Set To Surge After Hurricane Sandy
(DBN)

Wall Street Is Starting To Wonder Who Dropped The Ball On Hurricane Sandy
(DBN)

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Layoffs:

ADP: US adds 158,000 jobs in October in sign economy is 'holding its own' --- Payroll processor changes job tracking methodology
(DBN)

Initial US Jobless Claims Decrease by 9,000 to 363,000
(DBN)

Holding Pattern Prevails in Jobs Market
(DBN)

Cost of Employing a Worker Rises on More Expensive Health Care
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Judge approves Centaur bid for Indiana Grand
(DBN)

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Celebs:

Warren Sapp's Windermere home auctioned off for $2.1 million
(DBN)

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Video Games:

Wells Fargo, Schilling Sued by State Over 38 Studios
(DBN)

Fox says he'll hold hearings on 38 Studios
(DBN)

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Photography:

Kodak Creditors Committee Wants Right to Sue Second-Lien Lenders
(DBN)

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Horse Racing:

Indianapolis Downs wins approval for $500M sale
(DBN)

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Brokers:

MF Global's European administrator lifts hopes for creditors
(DBN)

MF Global Inc. Loses UK Claim Over European Debt Trades
(DBN)

A Year After MF Global's Collapse, Brokerage Firms Feel Less Pressure for Change
(DBN)

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Golf:

City of Gulf Breeze looking to buy Tiger Point Golf Club
(DBN)

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Electronics:

Is Sharp on its last legs? --- Sharp, Sony Post Dismal 2Q Results
(DBN)

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Telecoms:

In Sandy, “worthless” pay phones show value
(DBN)

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Utilities:

Coal plant owner says bankruptcy is likely
(DBN)

MidwestGen parent on verge of bankruptcy
(DBN)

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Paper:

NewPage seeks $850M DIP loan
(DBN)

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Banking:

RBS Expects to Pay Fine to Settle Libor Investigations
(DBN)

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Economy:

Consumer confidence at 4-year high
(DBN)

ISM Index of U.S. Manufacturing Increased to 51.7 in October --- Factories Notch Modest Growth --- Are Manufacturers’ New Orders Really Improving?
(DBN)

World-Wide Factory Activity, by Country
(DBN)

'Too Big to Fail' Remains Very Real
(DBN)

Fed’s Rosengren: Fed Should Buy Bonds Until Unemployment Hits 7.25%
(DBN)

Business Owners Motivated to Sell
(DBN)

Video: Everything You Need to Know About Fiscal Cliff
(DBN)

Birth Rate Hits All-Time Low; 40.7% of Babies Born to Unmarried Women
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Average US mortgage rates for the past 52 weeks, at a glance
(DBN)

Wells Seeks Mortgage-Suit Dismissal, Citing Redundancy
(DBN)

Storm May Prompt Mortgage Relief
(DBN)

Home Builders: Storm Is Temporary Disruption
(DBN)

New Stress for Struggling Commercial Properties: Sandy
(DBN)

Arcapita Pulls Planned Listing of PointPark Properties
(DBN)

CFPB , FHFA to Create Largest-Ever Mortgage Database
(DBN)

Scared Americans Still Skipping Homeownership --- Slow Return of Foreclosed Borrowers Hindering Housing Recovery
(DBN)

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Autos:

October is another strong month for US auto sales
(DBN)

Obama’s U.S. Auto Industry Better Off Than Four Years Ago
(DBN)

GM Joins Chrysler Missing Sales Estimates After Sandy
(DBN)

World Omni Financial has $23M secured claim in Ch. 11 case
(DBN)

A123 Wants to Void Contract with Fisker, Fisker Says That Would Disrupt “Ongoing Business”
(DBN)

Chrysler Exec Calls Trump 'Full Of' It Over Jeep Claim
(DBN)

Another Lap in Campaigns’ Auto Bailout Fight
(DBN)

How Mitt Romney's Ohio Auto Ad Triggered a Political Showdown
(DBN)

Wheelies: The Hurricane Sandy Edition
(DBN)

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Municipalities:

Rhode Island sues 38 Studios to recoup losses
(DBN)

San Bernardino, other broke cities swept up into looming battle
(DBN)

California ballot holds credit risk for school districts
(DBN)

The 25 Most Dangerous Cities In America
(DBN)

'Detropia' plumbs issues of urban decline
(DBN)

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Housewares:

Judge clears Harper Brush bid procedures
(DBN)

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Hotels:

DiamondRock Reaches Settlement on Allerton Bankruptcy
(DBN)

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Fraud:

Judge: Marino Charity Owes Nada to Rothstein Creditors
(DBN)

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IP:

Broad reading of executory contract when trademark license obligations are unfulfilled
(DBN)

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Politics:

Bloomberg Endorses Obama --- Starbucks CEO Howard Schultz Endorses Barack Obama --- The Economist: We're Endorsing Obama
(DBN)

Romney Touts Support From CEOs --- The Winners and Losers Under Romney's Tax Plan
(DBN)

Bill Gross is sick of the 'farcical' US political system
(DBN)

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Marketing:

Red F asks for reorganization instead of liquidation
(DBN)

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Aviation:

American Airlines passenger service agents to vote on union representation
(DBN)

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Shipping:

Shipowners seek shelter as tanker firm OSG warns of bankruptcy
(DBN)

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Alternative Energy:

Solyndra Judge’s Approval of Bankruptcy Plan Appealed
(DBN)

Wanxiang Seeks to Be Lead Bidder at A123 Asset Auction
(DBN)

Hilber Solar is insolvent
(DBN)

First Solar, SunPower Corp defy weak solar market by cutting costs
(DBN)

After Bankruptcy, Problems Still Abound for Failed Solar Company
(DBN)

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Retailing:

Macy's October sales up 4.1%, topping estimates
(DBN)

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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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (41 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:

More South Floridians file for bankruptcy
(DBN)

Hawaii: Bankruptcy filings still in decline, October data show
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Substantial Contribution:

Unsuccessful Bidders May Have Standing to Seek Substantial Contribution Administrative Expenses, but Indirect Contributions Are Not Sufficient
(DBN)

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Jurisdiction:

Sixth Circuit Reinvigorates Stern v. Marshall Debate
(DBN)

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Litigation:

Bankruptcy Court Permits Trustee's Claims Against Debtor's Parent And Related Entities Based Upon Theories Of Breach Of Fiduciary Duty And Other Related Causes Of Action Under Delaware Law
(DBN)

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Health Care:

West Penn CEO May Step Down Next Week
(DBN)

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Weather:

Economists React: ‘Naive’ to Think of Sandy as Stimulus --- Grim Toll Rises on Battered East Coast --- New Yorkers in fuel scramble as storm-hit pumps dry up --- Troopers deployed to gas stations --- Why There's No Gas In The Northeast --- Gas Shortages May Not End for Another Week --- Con Edison: 'Vast Majority' Of Residents Won't Have Power Until Nov. 11 --- 'Hurricane Sandy Exposed An Obvious Flaw In US Infrastructure --- I'm pretty pissed' --- Commuter Delays Rage --- NYC Official: Red Cross 'Absolute Disgrace' --- NY state asks feds to cover all $6 billion in storm costs --- Environmentalists Say NJ Should Not Rebuild Shore --- LaGuardia remains closed until Thursday, but New York Kennedy and Newark are open for business (somewhat)--- 48 Hours To Escape The Manhattan 'Dark Zone' --- Video Of Elderly New Yorkers Trapped In The 'Dead Zone' Is Heartbreaking And Disturbing --- How Walmart Gets 7,000 Generators To Its Stores In The Middle Of A Hurricane --- Some People Weren't Happy When Rich New Yorkers Showed Up At An Evacuation Shelter --- Tons Of Displaced Celebrities Are Staying At This Swanky Manhattan Hotel After Sandy --- The MTA Has To Pump 43 Million Gallons Of Water From The Brooklyn-Battery Tunnel
(DBN)

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Debt Collection:

CFPB Takes on Debt Collectors With New Oversight
(DBN)

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Education:

Judge approves auction for bankrupt Texas college
(DBN)

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Compensation:

Best practices for preparing a clawback agreement
(DBN)

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Sovereigns:

Argentina ship case bounces back --- Argentine Senate condemns Ghana for detaining warship
(DBN)

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UK:

Maldives stamp ends businessman’s fight to cancel divorce debt
(DBN)

OpCapita-backed retailer Comet heads toward bankruptcy
(DBN)

Uncertain future for the Sixty Group
(DBN)

Fall in number of bankruptcies expected
(DBN)

BDO resigns as auditors of Birmingham City FC
(DBN)

UK retailer Comet close to administration-source
(DBN)

Middle aged men 3 times more at risk of suicide as a consequence of Personal Debt
(DBN)

UK construction activity still weak, PMI survey shows
(DBN)

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EU:

Eurozone recovery to take up to five years, Wallenberg says
(DBN)

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PIIGS:

IMF says Greek loan talks stuck as bankruptcy looms --- Greece Running Out of Cash; Government Under Threat --- The Euro Is Diving On New Headlines From A Greek Court --- Greek court challenges pension reform plan --- Greek editor Kostas Vaxevanis acquitted over Swiss bank list --- Greece Must Help Itself to Fix Crisis, Bundesbank's Dombret Says --- Sell-offs to fetch 2.6 bln in 2013 --- Half of all construction workers have lost their job since 2008 --- Investors sell on fears for bailout vote
(DBN)

ie: Bankrupt billionaire to learn fate --- Quinn lawyers plead with court not to jail businessman --- IBRC hires asset recovery firm after losing control of $180m Quinn tower --- High Court sentences Sean Quinn Snr to 9 weeks jail
(DBN)

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Canada:

Poynt reaches the end of the road
(DBN)

Cancer report details family financial hardships
(DBN)

Collection Agency Hounds Debt-Free B.C. Residents
(DBN)

Among D&M's largest creditors , Friesens says it's business as usual
(DBN)

Nortel Obtains Further Extension of Stay Period Under CCAA
(DBN)

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Japan:

Debt-laden Japanese city puts name up for sale
(DBN)

Elpida says Tokyo court approves acquisition by Micron
(DBN)

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China:

China's 'firefighter-in-chief' ascending
(DBN)

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Cayman Islands:

In What Circumstances Can U.S. And Other Foreign Judgments Be Enforced
(DBN)

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MENA:

Dana creditors talk tough after Islamic bond payment miss
(DBN)

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Copyright 2012