November 28, 2012

The Daily Bankruptcy News

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Law:

Weil Won’t Pay Bonuses Until January: Associates See Sinister Tax Motives
(DBN)

In Down Year, Will Cravath Bonus Announcement Have Usual Impact?
(DBN)

Davis Polk, Wachtell, Weil, Freshfields: Business of Law
(DBN)

Gradenfreude: Loan Debt Repayment for Law Grads Is a Scam
(DBN)

Layoffs, De-equitizations Could Return in Pa., MP Survey Shows
(DBN)

Tips on Making a Lateral Associate Move (Part 3—Offer and Acceptance)
(DBN)

The Road to Partner Is Long and Full of Danger
(DBN)

Law School Transparency: Legal scholarship
(DBN)

Argentina debt fight is magnet for top US lawyers
(DBN)

Weil and Hogan Lovells among law firms on $6.5bn Lehman sell-off
(DBN)

Firms Gear Up for Argentine Bond Battle
(DBN)

Attorney Who Gave Up City Job for Kids Forms ‘Top Brain’ Law Firm With Other Stay-at-Home Moms
(DBN)

Quote of the Day: "It is an emergency room; it is not a health spa."
(DBN)

Firm Parties: O What A Night…
(DBN)

What's Hot And What's Not In The Legal Profession
(DBN)

UK: Top judge warns against creeping influence of external investors over professional ethics
(DBN)

5 Mistakes Lawyers Make When Trying to Bring in a New Client
(DBN)

Norton Rose Opening Mars Office?
(DBN)

Ex BigLaw Partner Who Lied on Child’s School Financial Aid Applications Is Disbarred
(DBN)

Microsoft Is About To Make It More Expensive To Bring iPhones And iPads To Work
(DBN)

Apple Devices Are Popular Among Lawyers in Smaller Firms, Survey Finds; Only 7% Use BlackBerrys
(DBN)

Dickstein Shapiro Fends Off Summary Judgment Motion in Malpractice Lawsuit
(DBN)

Federal Judge Gives Civ Pro Lesson, Sanctions Ex-Client for Mistaken Claim Dickstein Missed Deadline
(DBN)

Unsecured e-mail threat to law firms
(DBN)

Lowenstein partner suspended in NY fee dispute with former firm
(DBN)

Calling All Lapsed Lawyers
(DBN)

Unemployed recent law grad accuses dean of 'fiscally r-----' students
(DBN)

Hand Over the Cash, or Risk Kidnapping Over Peep-Toes
(DBN)

Mug Shots
(DBN)

There's a special place for lawyers who sue lawyers
(DBN)

Joke or Tort: Elevator Prank Raises The Question of Liability After The Laughs
(DBN)

Man finds out his wife is a man after 19 years
(DBN)

Ex-Lawyer Gets 8 Years for Stealing $1M from Clients
(DBN)

Movember Mustache Mashup Features 10 Famous Legal Faces
(DBN)

Cops in Casey Anthony Case Missed Internet Search for ‘Fool-Proof Suffication’
(DBN)

Former Super Bowl Champ Describes the Rigors of His Rookie Year of Law School
(DBN)

Cook County State Attorney Anita Alvarez Loses Bid To Allow Jailing Of Citizens Who Film Police In Public
(DBN)

Cops: Missing S-- Toy Triggered Ironing Board Assault
(DBN)

Forget about having s-- with your favorite animal
(DBN)

Man Says His Wife Died After Airlines Said She Was Too Fat To Fly Home
(DBN)

As More Companies Add Outdoor Work Spaces, Law Firm Opts for Fake Sky
(DBN)

Say What?!
(DBN)

______________

Judges:

Rolling Stones Rockers Are Older, on Average, than Justices of the Supreme Court
(DBN)

Supreme fashion plates
(DBN)

Chief Justice Roberts accuses U.S. lawyer of being disingenuous
(DBN)

Judge claims she was r---- in prison
(DBN)

Partisan Hearts Beating Underneath Their Robes?
(DBN)

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Wall Street:

Stock futures signal flat to lower open
(DBN)

Stocks take a dive despite upbeat news
(DBN)

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Layoffs:

There Is No Skills Gap - It's A Wage Gap
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

The New Nursing Home Alternative Is A 'Granny Pod' In The Backyard
(DBN)

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Religion:

Judge rejects most Crystal Cathedral court claims
(DBN)

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Alternative Energy:

Amid company’s bankruptcy case, Valence Technology CEO Kanode resigns
(DBN)

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Pensions:

Hostess Brands Is Latest Case Highlighting Funding Challenges of Multiemployer Plans | Bloomberg BNA
(DBN)

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Food/Beverage:

Bakers' union asks for Chapter 11 trustee in Hostess case
(DBN)

City would be interested in Hostess bakery
(DBN)

Twinkies may be back on the grocery shelf
(DBN)

Traders Could Make 100% Betting Against This Potential Twinkie Savior
(DBN)

Topeka's Iwig Family Dairy Will Be 'Stronger' After Bankruptcy
(DBN)

Olam Says No Insolvency Risk as Company Rebuts Muddy Waters
(DBN)

Upper Crust Ordeal Intensifies
(DBN)

______________

Debt Collection:

Debt Collection Complaint Picture Not Likely to Improve Under CFPB
(DBN)

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Defaults:

Rise in Default Rates Likely in 2013
(DBN)

______________

Compensation:

Diamond Foods taps ex-CEO for $2.7 million
(DBN)

America's Least Valuable CEOs
(DBN)

______________

Economy:

'Little Progress' in 'Fiscal Cliff' Talks: Harry Reid
(DBN)

US consumer confidence hits best level since 2008
(DBN)

Stalling U.S. Incomes
(DBN)

What $11.31 Trillion In American Household Debt Looks Like
(DBN)

Obama to meet executives, go to Pennsylvania for fiscal push --- Fiscal cliff: White House steps up pressure on GOP to reach a deal
(DBN)

This Is The Fiscal Cliff
(DBN)

Fiscal Cliff Notes
(DBN)

Everything you need to know about the fiscal cliff in one FAQ
(DBN)

If There's No Fiscal Cliff Deal, Obama Gets Two Chances To Slam The GOP In Front Of Millions Of People
(DBN)

Fed’s Fisher Warns Temporary Fiscal Cliff Fix Could Be Destructive
(DBN)

Buffett renews argument for millionaire's tax
(DBN)

Demand for U.S. Capital Goods Climbs in Sign of Spending Rebound
(DBN)

Falling Mortgage Balances Offset Rising Student, Auto, Credit-Card Debt
(DBN)

Jamie Dimon as Treasury Secretary?
(DBN)

The Hidden Story About Income Inequality
(DBN)

European debt crisis a bigger global threat than US fiscal cliff, says OECD
(DBN)

Why Inequality Is Rising Under President Obama
(DBN)

Fed's Evans tweaks rate vow idea
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Shiller on Housing Recovery --- Home Prices in 20 U.S. Cities Advanced 3% in Year to September --- Price Rise Shows a Better Balanced U.S. Housing Market
(DBN)

A Look at Case-Shiller, by Metro Area
(DBN)

Five Reasons Home Prices Have Been Rising
(DBN)

Brighter Housing Picture Dimmed by Past Price Collapse
(DBN)

Mortgage Interest Deduction, Once a Sacred Cow, Is Under Scrutiny
(DBN)

Wells Fargo mortgage domination not due to higher origination volume: FBR
(DBN)

California, Florida Lead in Mortgage Fraud Risk
(DBN)

Survey: First-Time Homebuyers Left out of Housing Recovery
(DBN)

____________

Aviation:

AMR Seeks to End Pilots’ Lump-Sum Retirement Option
(DBN)

American: One year later
(DBN)

US pilots vote on deals, other airline staff agitate
(DBN)

Bankruptcy judge shakes up power dynamics in Pinnacle pilot talks
(DBN)

Hawker Beechcraft Seeks to Extend Its Bankruptcy Loan
(DBN)

Former Pace employees get offer for half their claim
(DBN)

The mile pile club
(DBN)

______________

Awards:

International Women’s Insolvency & Restructuring Confederation Announces Two “Woman of the Year in Restructuring” Award Winners
(DBN)

______________

 

Labor:

Demise of Hostess signals new reality
(DBN)

Bankruptcy Court Warns on WARN
(DBN)

_____________

Retailing:

Black Friday sales online top $1 bln for 1st time --- Cyber Monday Sales Rise 30% --- One Number Reveals A Sobering Reality About Cyber Monday
(DBN)

Three Retailers That Should Be Thankful They Are Still in Business ...
(DBN)

The Death and Life of Great American Retailers
(DBN)

______________

Fraud:

Autonomy co-founder Mike Lynch pens angry letter to HP board
(DBN)

HP-Autonomy: A Red-Ink Bath for Everyone
(DBN)

SAC Is Said to Plan Investor Conference Call Tomorrow --- Gasparino on SAC Capital's Future
(DBN)

One crime in SAC probe is letting snitch go free
(DBN)

Block Gives Up on China Shorts, Says State Protects Fraud
(DBN)

JPMorgan Sued for Fraud by CIFG Assurance Over CDOs
(DBN)

______________

Municipalities:

San Bernardino Seeks to Stiff the Country’s Largest Pension Plan
(DBN)

Calpers triggers legal fight with bankrupt San Bernardino over pension debt
(DBN)

San Bernardino's deferred payments will be repaid without further cuts, officials say
(DBN)

San Bernardino County might sue the city of San Bernardino over landfill fees
(DBN)

San Bernardino Curbs Retiree Benefits in Plan
(DBN)

San Bernardino Votes To Present Budget Plan to Bankruptcy Judge
(DBN)

California's Denair school district 'poised to run out of cash'
(DBN)

Air of unreality in Detroit
(DBN)

Declaring bankruptcy will soon be back on the table for Harrisburg
(DBN)

Python Presses Illinois for Worst-State Pension Fix
(DBN)

Fierce Debt Puts Pensions at Risk in Puerto Rico
(DBN)

Fed Lockhart: US Muni Bond Market Stable Despite Default Scare
(DBN)

______________

Accounting:

Going Concern Guidance To Be Brought into GAAP
(DBN)

_____________

New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (75 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)

______________

Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

______________

Venue:

Patriot Coal bankruptcy moved to court in Missouri
(DBN)

______________

Estoppel:

Fifth Circuit Holds that Judicial Estoppel Does Not Preclude a Creditor’s Assertion of Different Claims Amounts in Subsequent Bankruptcy Case
(DBN)

______________

Recent Pleadings:

CalPERS Files Relief From Stay Motion Against San Bernardino Asserting 'Police Powers' Enforcement Rights
(DBN)

Union, Pension Seek Trustee In Hostess Case
(DBN)

______________

Weather:

Cuomo: $42bn in Damage from Sandy in NY --- 800 NYC Apartment Buildings Still Lack Heat After Sandy
(DBN)

______________

Litigation:

Appeals court won't disturb judge's time clock in bankruptcy suit --- The Opinion
(DBN)

______________

Insurance:

Insurance Reserves Shift Worries Regulator, Warns of Insolvencies
(DBN)

______________

Celebs:

Martino says bankruptcy settlement would cost him $1.9 million
(DBN)

The Bush Dynasty: America's first family of finance
(DBN)

______________

Banking:

Treasury Seeks To Block Ross' Bank Bid
(DBN)

Hearing on sale of First Place Bank set for Dec, 14
(DBN)

Judge reshapes terms to buy First Place Bank
(DBN)

______________

Health Care:

Winsted Health Care Facility to Be Closed as Part of Spectrum's Bankruptcy
(DBN)

______________

Private Equity:

Equity firms cash in on easy loans, raise risk for creditors
(DBN)

______________

Off-Shore:

Sham directors: the fake board members who hide the activities of tens of thousands of offshore companies
(DBN)

______________

Distressed Investing:

Gramercy Rolls Out Second Distressed Debt Fund
(DBN)

______________

Autos:

Late Auto Loan Payments Rose in 3Q
(DBN)

______________

Sovereigns:

The Fate Of Argentina Could Come Down To The Soybean
(DBN)

In Court Battle, a Game of Brinkmanship With Argentina
(DBN)

Argentine Bonds Rally as Government May Debate Holdout Payments
(DBN)

Argentina: when is default not default?
(DBN)

Why you should ignore clever ideas in sovereign bond documentation
(DBN)

______________

UK:

New Bank of England Governor's wife is 'British by birth and Canadian by choice' --- New Bank of England Head & Outspoken Wife
(DBN)

Mark Carney: The UK's Savior? Maybe Not
(DBN)

Accountancy regulation “toothless”, say Citi analysts
(DBN)

London's bankers prepare to be 15% less well compensated
(DBN)

Comet Stores 'To Close Week Before Christmas' --- Comet staff face losing job before Christmas
(DBN)

______________

EU:

European Banks Require 400 Billion Euros in Capital, OECD Says
(DBN)

Euro down on US fiscal concern
(DBN)

Hidden Details: Euro States Face Losses on Greek Debt
(DBN)

Euro falls on lack of detail on Greece deal
(DBN)

Credit Rating Firms in EU to Face Sovereign-Debt Limits
(DBN)

______________

PIIGS:

Insane Unemployment In Spain And Greece --- Greece hails rebirth of a nation as EU and IMF agree to release loans --- Greek PM hails debt compromise, public skeptical --- Greece’s creditors offer the minimum --- EU hails Greek rescue formula --- Top marks for implementation of reforms --- OECD sees Greek recovery in 2015, later than expected --- Greek banking stocks plunge for second day on debt buyback concerns --- Greek debt deal turns hedge fund trade to gold --- Euro zone central banks may roll over their Greek bonds --- Greece's Official-Sector Debt Cut In Half And/Or Left Unchanged --- Greek Debt Plan Relies on Rosy Outlook
(DBN)

ie: Dunnes faces "winding-up" over debt non-payment --- Irish Loan Losses May Rise on Insolvency Laws, Central Bank Says --- Irish Property investors flee to the UK for bankruptcy terms
(DBN)

Bank of Spain approves nationalised banks' restructuring plans --- Caixabank to Take Over Banco de Valencia --- EU approves Spain bank restructuring, opens door to aid --- EU insists investors share pain of €37bn Spain bank bailout
(DBN)

Italy's 2-yr debt yield falls to lowest since Oct 2010
(DBN)

______________

France:

France’s Leading Photo Agency Files for Bankruptcy
(DBN)

______________

MENA:

Just How Upset Egypt Is With Its President
(DBN)

______________

Afghanistan:

Afghan bank fraud siphoned out savers' money, independent report says
(DBN)

______________

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Copyright 2012