November 6, 2012

The Daily Bankruptcy News

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Law:

Storm Causes Scramble in New York Bankruptcy Community
(DBN)

Some Firms Continue to Confront Storm Effects
(DBN)

Solos, Small Firms Face Unique Challenges in the Aftermath of Hurricane Sandy
(DBN)

Firms Make Donations to Aid Hurricane Victims --- A helping hand
(DBN)

You’re Back At Work, But Do You Have Heat?
(DBN)

Legal Aid seeks release of people held during storm
(DBN)

Cleary Names New Bankruptcy Partner --- Luke A. Barefoot
(DBN)

Survey shows chief legal officers cut costs by paying firms less --- Latest Survey of GC Compensation Shows Earnings Going Up
(DBN)

We're Number 2!
(DBN)

Growth is Dead: Part 10-Clients
(DBN)

Perkins, Patton Boggs, Bryan Cave, Cooley:Business of Law
(DBN)

Bankruptcy regulator updates proposal for lawyer fee overhaul
(DBN)

What Lawyers At Firms Don’t Do
(DBN)

Law Firm Culture and the Drive to Avoid Accountability
(DBN)

Nonequity partner pay has been a big secret at Am Law firms . . . until now.
(DBN)

Schumpeterian Forces: Could there be a Jones Day killer (killers)
(DBN)

Washington Post Hops On The ‘Do Law Students Know How Stupid They Are’ Bandwagon
(DBN)

Five Reasons Why Law School Might Still Be A Good Idea
(DBN)

Law School Transparency: Bad advice for prospective law students
(DBN)

Law schools mobilize for hurricane relief
(DBN)

Prospective Law Students Get New Tool for Researching Schools
(DBN)

ABA forces NY schools to make up time lost to Sandy
(DBN)

The 5 Most Unethical Law Students in Recent Memory
(DBN)

Why Was This San Francisco Board of Supervisors Candidate Kicked Off the Hastings Law Journal?
(DBN)

The Fastest Way To Multitask On Your iPad
(DBN)

Gibson Dunn Associate Is America's Funniest Lawyer. No Joke.
(DBN)

Standing In Line To Vote — A Lawyer Marketing Lesson
(DBN)

Pa. Bankruptcy Lawyer Gets 33 Months for Embezzling Money From Clients Under Guise of Legal Fees
(DBN)

Congratulations To The 9,974 New Lawyers In New York!
(DBN)

Man arrested for having s-- with women (using his mind)
(DBN)

The professional 'cuddler' who makes $260 a day by inviting strangers to take a nap with her at home
(DBN)

Wrong Turn En Route to Lunch with Sis Led Paralegal to 50-Year Career at Crowe & Dunlevy
(DBN)

Say What?!
(DBN)

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Judges:

Bankruptcy Judges Scramble For Courtrooms Post-Sandy
(DBN)

Storm damage keeps Manhattan bankruptcy court shuttered --- Sandy causes bankruptcy hearings in AMR/American Airlines cases to be relocated --- Bankruptcy court closed ‘indefinitely’ due to flooding
(DBN)

Judges of the Day: Cook County Kookiness --- Chicago Judge Seeking Info re Mystery Federal Cases Filed Against Her Is On Leave, Officials Say
(DBN)

OCA Headquarters Tackles Building Damage While Courts Slowly Resume Routine Services
(DBN)

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Wall Street:

Stock futures signal gains ahead of election
(DBN)

Wall Street Compensation Projections Are In, And It's Clear Where You Want To Work In 2012 --- What Your Average Wall Street Managing Director Will Make In 2012
(DBN)

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Layoffs:

HSBC cuts 30,000 jobs, sees more to come
(DBN)

Private Sector Has Now Had Full Job Recovery
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Auto Parts:

Maxxed out: TireMax chain goes bankrupt amid charges
(DBN)

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Celebs:

RHONJ’s Jacqueline Laurita Scheduled To Be Deposed In $7 Million Bankruptcy Suit Against Her Family!
(DBN)

Shaq Buys $235K House in Florida, Sparking Curiosity as to Why He'd Buy Such a Cheap House?
(DBN)

Interim financing OK'd for entity that was developing Newton's estate
(DBN)

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Photography:

Kodak retirees lose health, welfare benefits
(DBN)

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Retailing:

U.S. Retailers Expect Best Holiday Season Since 2007
(DBN)

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Brokers:

PricewaterhouseCoopers Added As Defendant in MF Global Customer Lawsuit --- MF Global customers sue PricewaterhouseCoopers in amended lawsuit
(DBN)

Early 2013 Sentencing Seen For Peregrine CEO
(DBN)

The Demise of MF Global Holdings Ltd: A Belated Autopsy
(DBN)

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Banking:

Criminal charges likely in US probe of money-laundering at HSBC --- Fears US money laundering fines to top $1.5 billion
(DBN)

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Cable Television:

Contec Exits Bankruptcy
(DBN)

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Health Care:

Lower Bucks Hospital to Close Cardiac Rehab Unit, Possibly Other Services
(DBN)

Trustee asks judge to put hospital building, land in bankruptcy estate
(DBN)

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Alternative Energy:

Austin's Valence Technology asks for 60 more days in Chapter 11 proceedings
(DBN)

IRS loses appeal bid to stop Solyndra from carrying out plan
(DBN)

A123 Systems Gets $50 Million Loan From Wanxiang
(DBN)

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Economy:

Services in U.S. Expanded More in September Than Forecast
(DBN)

US Debt Risk Soars as Election Anxiety Fuels Fiscal Cliff Woes
(DBN)

The US is no longer one of the world's 10 most "prosperous" countries
(DBN)

Bloomberg: Economy Set to Improve No Matter Who Wins
(DBN)

Millions of Taxpayers Could Owe Average $3,700 AMT, If Congress Doesn’t OK Inflation ‘Patch’ Pronto
(DBN)

Economy Crawling Back After 2008
(DBN)

Bradley Martin Ball of 1897
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

ResCap Buyer Must Honor Mortgage Settlement, US Says
(DBN)

JPMorgan loses bid to toss FHFA's mortgage debt lawsuit
(DBN)

Bank of America doubles repurchase risk exposure
(DBN)

October home prices rise 2.9% as rents soar above 5%
(DBN)

20 US Cities That Are Getting Crushed By Foreclosures
(DBN)

Goldman Taps Gibson Dunn, Boies Schiller to Argue Appeal of Circuit's Mortgage Ruling
(DBN)

Mastro's mental competency could be an issue in French court this week, lawyer says
(DBN)

___________

Autos:

GM clinches $11 billion credit facility amid Opel overhaul
(DBN)

American Suzuki files for bankruptcy protection --- After three decades, Suzuki will stop selling cars in U.S.
(DBN)

Court Approves Wanxiang Loan for A123 Systems
(DBN)

Biden calls Romney auto ad an 'outrageous lie' --- Truth about auto bailout skirted in both presidential campaigns
(DBN)

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Municipalities:

San Bernardino bankruptcy: How hard will CalPERS fight for its money?
(DBN)

San Bernardino Wins More Time to Support Bankruptcy
(DBN)

San Bernardino to look at outsourcing Police Department
(DBN)

Calif. City Bankruptcies Could Rein in Pensions
(DBN)

CalPERS and San Bernardino and Compton -- Troubled municipalities involved in power struggle
(DBN)

Compton sends CalPERS checks totalling $2.07 million in pension dispute --- Compton chips away at its CalPERS debt
(DBN)

Jefferson County sewer bond trustee asks bankruptcy court help in its quest for higher sewer rates
(DBN)

Michigan town of Allen Park to vote on saving itself from failed movie deal
(DBN)

Former Harrisburg City Council attorney Mark Schwartz looks for over $200,000 in fees from city
(DBN)

Bankruptcy , pensions top new Prichard mayor and council's to-do list
(DBN)

State Default and Synthetic Bankruptcy
(DBN)

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Education:

The 20 Smartest Colleges In America
(DBN)

______________

Aviation:

AA Says Sorry For Pilot Disruption With Double Elite Miles
(DBN)

TSA Inconsistency: Traveler Frustration, By Design
(DBN)

Letter offers details of American Airlines-Allied Pilots Association talks
(DBN)

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Food/Beverage:

Labor unrest baking
(DBN)

Terrance Brennan's Picholine Files For Bankruptcy Protection
(DBN)

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Private Equity:

Judge Approves $166 Million Mervyns Settlement
(DBN)

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Corporate Governance:

The Board’s Role in Compliance and Risk Management: Lessons From Recent Decisions Revisiting ‘Caremark’ and its Progeny
(DBN)

Why Penn State and the Freeh Report Matter to Corporate Boards
(DBN)

Netflix: Icahn Says Poison Pill 'Poor Corporate Governance '
(DBN)

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Awards:

Greenberg Traurig Named ‘Law Firm of the Year’ in Two Bankruptcy Categories by U.S. News - Best Lawyers
(DBN)

Cox Smith Earns 27 Tier 1 “Best Law Firms” Rankings from U.S. News-Best Lawyers
(DBN)

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Baseball:

Ex-Texas Rangers Owner Faces Motion to Compel
(DBN)

______________

Politics:

The ten most egregious lies of the presidential campaign
(DBN)

Warren lists restoration of Glass-Steagall as “top three” priority
(DBN)

Brown, Warren wrap up campaign
(DBN)

The Real Reason Why America Is So Divided
(DBN)

______________

Accounting:

FDIC Files First Suit Against Failed Bank's Accountants:
(DBN)

______________

Student Debt:

CFPB releases annual report on college credit agreements
(DBN)

An ‘undue hardship’ - Bankruptcy laws only intensify the institutionalization of crippling student loan debt.
(DBN)

______________

Hotels:

Phoenix Hilton Facing Foreclosure
(DBN)

______________

Bankruptcy Crimes:

Raleigh man sentenced for bankruptcy fraud
(DBN)

______________

Apparel:

Bakers receives $8.5 million loan commitment from Salus Capital Partners
(DBN)

______________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (50 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

San Antonio bankruptcy filings fall again
(DBN)

Bankruptcy Filings Turn Higher - Non-commercial filings up 16% in October
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Valuation:

Collateral Value of FCC Broadcasting Licenses Less Uncertain After 10th Circuit Court of Appeals Ruling
(DBN)

_____________

Consumer Bankruptcy:

No means test for converted Chapter 13 cases, Florida bankruptcy judge says
(DBN)

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Weather:

New York AG investigates Sandy price gouging --- Sandy shutdowns could slam New York office market --- Transit hell on first day of new workweek after Hurricane Sandy --- On Social Media, Commute Enrages New Jersey Transit Passengers --- The Jersey Shore Might Never Look The Same --- A Significant Coastal Storm Is Headed Straight For Sandy-Wrecked Regions --- Throughout Staten Island, Regretting The Decision To Stay --- Without Power, a Different Life on Long Island --- Back to School for Most, Even Without Heat --- Lines At Port Authority Are Like Nothing Ever Seen Before --- What Could It Cost to Repair the Subway System? --- Sub-Zero Temperatures Head for Northeast --- Islamic Clerics: Hurricane Sandy Was Divine Judgment On America and A Call To Convert --- A Popular Wall Street Boxing Gym Sent Out The Best Email In The World About Overcoming Sandy's Damage --- PATH trains resume 'limited service' --- Here's What They're Dealing With In The Tunnel That Carries NYC's L Train --- Residents Of Devastated Rockaways Are Still In A State Of Disbelief --- Blogger Recounts Heartbreaking Stories Of Hurricane Sandy's Victims
(DBN)

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Insurance:

Insured versus Insured exclusion held inapplicable to FDIC's failed bank suit
(DBN)

______________

Fraud:

Banker's Girlfriend Traded To Show Trust
(DBN)

______________

Debt Collection:

Bill Bartmann: Temporarily Ban Debt Collection Lawsuits
(DBN)

CFPB publishes debt collection examination guidance
(DBN)

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Distressed Investing:

Van Eck Plans Defaulted Bond ETF
(DBN)

______________

Ratings Agencies:

Australia's Federal Court issues landmark judgment against S&P, ABN Amro
(DBN)

______________

Sovereigns:

Creditors weigh up Argentina debt ruling
(DBN)

Argentina faces tough choices after US debt ruling
(DBN)

Argentina's (not so)unusual pari passu clause
(DBN)

______________

UK:

Fired Bankers’ U.K. Lawsuits Fail as Judges Tire of Bonus Claims
(DBN)

Number of travel firms entering insolvency doubles in a year
(DBN)

Comet to start sale as buyers eye up stores
(DBN)

BDO liquidators appointed to Rangers
(DBN)

Hope For A British Economic Recovery Is Quickly Fading
(DBN)

Marks & Spencer's first-half profits fall for second year running
(DBN)

______________

EU:

German Factory Orders Dive
(DBN)

______________

PIIGS:

Greece to be helped once again to prevent bankruptcy --- Chaotic countdown to bailout or bankruptcy --- Greek strike shuts down country ahead of cliffhanger austerity vote
(DBN)

Dublin City Council to sue Thomas McFeely
(DBN)

Spain's bad bank to buy billions of distressed real estate
(DBN)

ie: Buy-to-let debts 'will derail insolvency bill'
(DBN)

The Latest Reforms to the Bankruptcy Law: The Law No. 134/2012
(DBN)

______________

Canada:

Protecting Against Systemic Risk: Canada introduces amendments to legislation regarding the insolvency of financial institutions
(DBN)

10 years after bankruptcy, police charge Hickman Equipment managers
(DBN)

______________

France:

IMF Tells Hollande French Labor Law Needs Significant Overhaul
(DBN)

French await home-truths, hard words on how they must compete in world economy
(DBN)

Shock Treatment Recommended to Increase French Competitiveness
(DBN)

Hollande to Raise French Sales Tax, Cut Spending From 2014
(DBN)

______________

Germany:

10 Questions: Practical implementation of Germany’s new insolvency code
(DBN)

______________

Japan:

Sharp Says 'Material Doubt' Statement Lost in Translation --- Drops 'Material Doubt' From English Earnings Statement
(DBN)

______________

Denmark:

Tønder Bank's bankruptcy leads to sector-wide scrutiny
(DBN)

______________

MENA:

Dana Gas asks holders for decision after sukuk miss
(DBN)

A Dana Gas default
(DBN)

Distressed properties still in abundance in Dubai
(DBN)

______________

Poland:

Bankruptcies on the rise in Poland
(DBN)

______________

New Zealand:

Liquidator's conviction of theft shows need for urgent reform
(DBN)

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Copyright 2012