November 8, 2012

The Daily Bankruptcy News

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Law:

Dewey Owe Money to Lexis?? And How! --- A Messy Break-Up But a Clean Divorce: Dewey LeBoeuf Avoids Litigation Morass of Most Law Firm Bankruptcy Cases
(DBN)

Law Firm Merger Mania: SNR Denton Is Down With Three-Ways
(DBN)

Law Firm 3rd Quarter Checkup: Demand is Flat
(DBN)

GC pay packages were more generous in 2012
(DBN)

Prepping a Value-Fee Engagement Letter? Consider These 13 Issues First
(DBN)

Demand for IP Litigation Drops in Third Quarter; Most Other Practice Areas Also Suffer
(DBN)

Dear First Year Associates
(DBN)

Election Night Produces Mixed Results for Am Law Lawyers
(DBN)

New Data on Non-Equity Partner Compensation
(DBN)

Charged with Assault, King & Spalding Partner Departs Firm
(DBN)

Diamonds and Pearls, Oh My - Can you wear splashy jewelry in the office?
(DBN)

With New Congress, Law Firms 'About to Enter the Rainy Season'
(DBN)

Slaughters to part company with 41 secretaries at end of consultation
(DBN)

Revealed: the lawyers who helped Obama win second term in White House
(DBN)

Young Litigator Pushes the Limits in Her Private Time
(DBN)

DLA's Knowles: Obama will achieve a great deal in second term
(DBN)

Nine-Month Job Stats Don’t Measure Value of Law Degree, Retiring Dean Says
(DBN)

New Law School Ranking Totally Upends The Old List
(DBN)

Law School Transparency: Nickel and dimed
(DBN)

The legal bigwigs who could replace Eric Holder
(DBN)

Lawyer’s 5th Hole-In-One Wins Him a Cadillac; His Wife, Who Plans to Drive It, Is Thrilled
(DBN)

Lawyer Takes Plea in Federal Mail Fraud Case re $159K in Claimed False PD Billing Vouchers
(DBN)

Stealth Lawyer: Lisa Granik, Master of Wine
(DBN)

P---- Graffiti Allegations Return Lawyer to Jail
(DBN)

Have Lawyers Finally Kicked Their CrackBerry Addiction? --- Bye-Bye BlackBerrys: 88% of BigLaw CIOs Expect Use to Decline in Next Year
(DBN)

Twitter for Lawyers: How to Be a Good Twit
(DBN)

Avoiding Ethical Pitfalls When Using Social Media
(DBN)

List of Products that Facilitate Virtual Law Practice
(DBN)

Prominent Lawyer Disbarred re Claimed $800K In Client Loans Says He’s Now a Busy Legal Consultant
(DBN)

LLM Plagiarism Leads To Bar Charges
(DBN)

NY man who lost leg in crucifix mishap sues church
(DBN)

Mug Shots
(DBN)

14-Year-Old 'Modern Family' Star Removed From Home After Alleged Parental Abuse
(DBN)

Double Whammy for ‘I Did It. So What?’ Defendant: Jury Convicts, Voters Didn’t Repeal Death Penalty
(DBN)

Say What?!
(DBN)

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Judges:

After Hurricane Sandy, Courts in New York Struggle to Restore Operations
(DBN)

Ten Commandments Judge Makes a Comeback as Alabama Chief Justice
(DBN)

How Obama Could Turn The Supreme Court Into A Bastion Of Liberalism --- Obama Victory Could Spell End Of Conservative Supreme Court --- Win Offers President Time to Shape Court
(DBN)

Quite Possibly the Worst Co-Clerk Ever?
(DBN)

Republican Judges Lose Seats in Democrat-Heavy Election
(DBN)

Magistrate Reprimanded For "Beat Your A--" Comment
(DBN)

Judge on Burch Trial: 'Are the Burches WASPs?'
(DBN)

Efforts to Oust State Supreme Court Justices Fail
(DBN)

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Wall Street:

Stock index futures signal higher Wall Street open --- US Stock Futures Are Little Changed
(DBN)

Dow seeing worst day of year after Obama win --- Obama Victory, Grim Europe Forecast Sends Dow Below 13,000 As Stocks Plunge --- Dow’s Big Tumble Joins Exclusive Territory
(DBN)

Traders Dump Bank Options in ‘Epic Proportions’
(DBN)

Wall Street Scourge Warren Entering U.S. Senate --- What Wall Street Needs to Know About Elizabeth Warren
(DBN)

With an Obama Victory, Wall Street Pivots to Plan B
(DBN)

Wall Street Caught Between Barack and a Hard Place
(DBN)

Research firm ThinkEquity files for bankruptcy liquidation
(DBN)

Outsourcing: Banks are firing their million-dollar derivatives traders and replacing them with algorithms
(DBN)

14 Stocks That Could Surge With Obama In The White House
(DBN)

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Layoffs:

Obama 2.0: What Re-election Could Mean for Job Growth
(DBN)

Hiring Watch ’12: UBS Was Just Kidding When It Fired Scores Of Employees The Harshest Ways Imaginable
(DBN)

Top-paying jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Does A123 Bankruptcy Threaten Coup De Grace For Fisker? --- What does A123 bankruptcy mean for Fisker?
(DBN)

Auto bailout may have saved Obama
(DBN)

Obama Finds What’s Good for GM Not So Good for Taxpayers
(DBN)

Ford could step up restructuring if Europe's market worsens --- Ford Workers Protesting Cuts in Europe
(DBN)

Auto Bailout 'Absolutely' Right Decision: Nardelli --- Auto bailout haunts race for Romney
(DBN)

Suzuki to Borrow $45-Million for US Dealership Closures
(DBN)

Dealer 'blindsided' by Suzuki bankruptcy
(DBN)

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UCC:

"Correct" Name, Not "Legal" Name, Required On UCC-1 Financing Statement
(DBN)

Tenth Circuit Grants Creditor a ‘License’ to Take a Security Interest: Creditor’s Security Interest in Proceeds of FCC License Upheld
(DBN)

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Politics:

Elizabeth Warren's Big Win --- Elizabeth Warren , Most Unlikely Senator? --- The Big Money Behind Warren and Brown's Mass. Senate Race
(DBN)

Why Obama won
(DBN)

Election 2012: A Milestone En Route to Becoming a Majority Minority Nation
(DBN)

Why Gallup's Polls Were So Wrong --- How Race Slipped Away From Romney
(DBN)

Romney Gracious in Concession
(DBN)

The Closest Presidential Elections in History
(DBN)

Vote Data Show Changing Nation
(DBN)

The Greatest Single Election Quote Ever
(DBN)

The Power of the .0000055% Swing Voter
(DBN)

The Craziest Things Tweeted By Conservatives After Obama Won
(DBN)

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Aviation:

Airlines expect full planes for Thanksgiving
(DBN)

Hawker Beechcraft to close 3 facilities
(DBN)

Pressure mounts on India's Kingfisher with another net loss
(DBN)

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Alternative Energy:

Judge authorizes Chinese company to provide bankruptcy financing to battery maker A123
(DBN)

Fisker's Fate Depends on Bankruptcy Court's A123 Decision
(DBN)

What Obama's Re-Election Could Mean For The Solar Industry
(DBN)

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Economy:

Treasury Yield Falls Most in Five Months as Obama Wins
(DBN)

What Obama's Victory Means for Business
(DBN)

The Long-Term Economic To-Do List
(DBN)

Rejuvenated Obama reelected as president after bruising campaign
(DBN)

Fitch Ratings warns Obama must get deficit deal --- Moody's Stands Pat on View --- Says US downgrade still possible
(DBN)

‘Sad and Depressed’ CEOs See No Light at End of Partisan Impasse - Boehner Extends Olive Branch to Obama on 'Fiscal Cliff' --- GOP Willing To Accept 'More Revenue' As Part Of Fiscal Deal --- What does that mean? --- Everyone Is Furiously Parsing The Statement That John Boehner Made On 'Revenue'
(DBN)

Post-election divide surfaces on 'fiscal cliff'
(DBN)

What Obama's Win Means for Business
(DBN)

Who Will be the Next Treasury Secretary? --- U.S. Needs a Bankruptcy -Smart Treasury Secretary
(DBN)

Exit Polls: 60% Say Raise Taxes
(DBN)

California Voters: Please Tax Us
(DBN)

Consumer Credit Growth Slows as People Charge Less
(DBN)

"Dead money": what's behind the massive global rise in corporate cash stockpiles?
(DBN)

Surprisingly, Obama Won on the Economy... --- The Next Four Years: Obama's Steady, Slo-Mo Recovery --- Obama's To-Do List: What He Plans for a Second Term
(DBN)

Great Recession Like the Great Depression
(DBN)

Forbes: Biggest Winners in Election? Crony Capitalists
(DBN)

Chicago Fed's New Financial Crisis Indicator Says We're In The Clear
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Measure of US Home Prices Up Most in 6 Years
(DBN)

Americans Upbeat on Prospects for Home Prices
(DBN)

Get Ready For The Government To Eat Billions In Load Modifications
(DBN)

Mortgage Bankers Support Obama Re-election, Stress Need for Housing Fix
(DBN)

Foreclosures Are Falling In States Where It's Easy To Foreclose
(DBN)

Walter Investment's big deal with ResCap faces questions
(DBN)

French court may decide Nov. 9 whether to release the Mastros --- French court questions Michael and Linda Mastro over their detentions
(DBN)

List Of Improving Housing Markets Expands To 125
(DBN)

REITs and distressed debt
(DBN)

Miami: Housing swings from glut to scarcity --- Is Miami the Foreclosure Capital of the World?
(DBN)

Mortgage rates, bank stocks plunge post election --- President Obama re-election means no big housing change
(DBN)

Why The Outlook For U.S. Homebuilders Is Stable
(DBN)

Bank of America HARP surge increases mortgage bond prepays
(DBN)

Donald Trump's Incredible Collection Of Penthouses And Mansions
(DBN)

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Health Care:

Shares of WellPoint, other health insurers drop on Obama win
(DBN)

3 Reasons Why Layoffs Don't Benefit Hospitals in the Long Run
(DBN)

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Coal:

US Coal Stocks Slump as Obama Win Seen 'Negative' for Industry --- The Obama backlash in coal and energy stocks
(DBN)

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Oil/Gas:

Oil Tumbles 3% as Focus Returns to Global Economy
(DBN)

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Photography:

Kodak retirees face benefit losses, new choices
(DBN)

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Corporate Reform:

Wall Street reform law won't go away
(DBN)

Elizabeth Warren : Why Wall Street Should be Scared
(DBN)

If You Think Elizabeth Warren Is Going To Act Like A Junior Senator, Think Again
(DBN)

Investigations to Watch in a Second Term
(DBN)

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Municipalities:

Bankruptcy court hearing set to consider Jefferson County sewer creditors' quest for higher sewer rates
(DBN)

Most Jefferson County sewer customers will see about a $2 rate hike
(DBN)

Michigan Rejects Emergency Managers for Troubled Cities
(DBN)

Michigan governor warns of bankruptcies in wake of law's repeal
(DBN)

Changes ahead for Stockton council --- Full plate for new mayor in Stockton
(DBN)

CalPERS Sues City of Compton Over Unpaid Contributions
(DBN)

Banking On Banks: Detroit Elects An Eight-Time Convicted Felon
(DBN)

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Accounting:

BDO and PKF confirm "advanced merger discussions"
(DBN)

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Hedge Funds:

Hedge Funds Lost 1.9% in October as Global Stocks Dropped
(DBN)

Bankrupt Matrix To Shutter Hedge Fund, Sell Fund Of Funds
(DBN)

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Food/Beverage:

Trouble Ahead for Poultry Producers?
(DBN)

Judge clears sale of 14 KFC outlets to Popeyes chain
(DBN)

Hostess Court Authorizes Rejection of Bakers’ Union Collective Bargaining Agreements
(DBN)

The Best Burgers In 12 Cities Around The US
(DBN)

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Credit/Debit Cards:

Credit Card Defaults Drop, Boosting Discover's Earnings
(DBN)

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Accounting:

Financial Reporting Implications of Disasters
(DBN)

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Electronics:

Apple May Have Wasted $2 Billion Trying to Save Sharp
(DBN)

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Education:

Texas College's Collapse Puts Town's Rodeo Venue in Play
(DBN)

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Hollywood:

Court: Laid-off Digital Domain employees have right to share in sale proceeds
(DBN)

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Publishing:

Southwest book publisher files for bankruptcy
(DBN)

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Celebs:

Bank rejects $2.1 million bid for Warren Sapp's Windermere home
(DBN)

10 Former Pro Athletes Who Are Now Serving Time In Prison
(DBN)

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Orchestras:

Orchestras feel the squeeze
(DBN)

______________

Ethanol:

Ethanol Going Ugly Turns Bush Plan to Obama Test
(DBN)

______________

Fraud:

Parties Seek Approval of $80M Settlement in Madoff Feeder Fund Suit
(DBN)

Members Of Insider Trading “Club” Were Good At Obtaining Material Non-Public Information, Not So Good At Playing It Cool On Conversations Recorded By The Feds
(DBN)

______________

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 (39 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

Buffalo: Curious bankruptcy stats
(DBN)

Bankruptcy Filings declined 14% in Fiscal 2012
(DBN)

Bankruptcy Filings Down in 2012, Continued Bad News for Debt Relief Industry
(DBN)

NC: Bankruptcy filings continue to fall
(DBN)

Bankruptcy filings drop 16.6 percent in Central Florida
(DBN)

MN: Bankruptcy filings drop to lowest levels since 2008
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Recent Pleadings:

UST Objects To $4.2M In Bonuses For Execs In A123
(DBN)

Tribune LBO Defendants Seek To Oust Individual Claims
(DBN)

Dewey Gets OK To Subpoena Clients In Bill Collection Effort
(DBN)

______________

Claims:

Claim Disallowed as Untimely Not Void under Section 506(d)
(DBN)

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Cross-Border:

UK Supreme Court reinstates settled law on enforcement of foreign judgments in insolvency
(DBN)

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Weather:

A possible tax hit for Sandy's victims --- Snowstorm Slams Northeast: 'Last Thing We Needed' --- Photos of the Nor'easter slamming the East Coast --- Could Bury NYC In 6 Inches Of Snow --- Flight cancellations pass 1,800 as storm hits the Northeast --- Gas gougers charge $30 a gallon post-Sandy --- Mortgage application filings drop in wake of Hurricane Sandy --- Checklist to rebuild your finances --- Sandy victims still have to pony up for property taxes --- Hurricane Sandy: Impact on "Near-Term Economic Activity" --- Mayor Bloomberg Calls On AirBnB To Help Sandy Victims Find Housing
(DBN)

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Consulting:

Monitor Company Group LP Files for Bankruptcy in Delaware --- Reaches Agreement to Join Forces with Deloitte
(DBN)

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Debt Collection:

Feds to start supervising large debt collectors in January
(DBN)

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Banking:

Miami lawyer files $4 million suit against U.S. banking authority
(DBN)

FDIC to Banks: Get Ready for End of Unlimited Guarantee
(DBN)

Banks Say FDIC's $900M Lawsuit Is Fatally Flawed
(DBN)

Court Enters Order Restricting Trading in Equity of First Place Financial Corp.
(DBN)

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Telecoms:

T-Mobile's profits fall as it loses another 492,000 contract customers
(DBN)

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Retailing:

Vann's stores sold to Texas retailer
(DBN)

151 Bakers Footwear stores sold to liquidators
(DBN)

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Religion:

Rev. Schuller testifies in Crystal Cathedral bankruptcy case
(DBN)

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Marketing:

Winning Bids Accepted in 50 Below Bankruptcy Case
(DBN)

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Baseball:

Blackstone Seeks to Block Subpoenas in McCourt Divorce
(DBN)

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UK:

Twilight Zone for Britain’s “Zombie businesses”? - Lawyers prepare for post-recession surge in insolvency cases
(DBN)

This England, bankruptcy hotpsot
(DBN)

Scottish defence lawyers threaten strike over ' debt collector ' plans
(DBN)

Nicholas Levene: The golden fleecers
(DBN)

Rangers liquidators to plough ahead with Collyer Bristow 'conspiracy' trial
(DBN)

AEA Technology to appoint administrators, halts stock trading
(DBN)

UK Faces Same Wealth Inequality as US
(DBN)

______________

EU:

Merkel Wants Overhaul of Eurozone Soon
(DBN)

European Markets Weakened Due To Concerns Over Germany
(DBN)

Euro zone to flatline in 2013, pick up in 2014: EU executive
(DBN)

With Europe Back in the Spotlight Investors Run for Cover
(DBN)

Corporate Bond Risk Rises in Europe After Draghi Growth Warning
(DBN)

EU leaders downgrade forecasts
(DBN)

Austerity May No Longer Be Solution for Euro
(DBN)

______________

PIIGS:

The Greeks are on the Brink Once More --- The Athens Stock Market Is Getting Destroyed --- Violent scenes outside Athens parliament as tens of thousands hold austerity protest --- Greek shipowners face being levied for first time in crucial austerity bill --- EU Commission is more optimistic on Greece --- Debts to Greek tax office have soared --- Pimco rejects Greek debt buyback suggestion --- Greeces staves off bankruptcy but troubles lie ahead --- Greek Austerity Vote Approved In Parliament --- Greek MP quits ruling party after crucial vote on austerity --- Awful New Greek Unemployment Statistics
(DBN)

EU Reduces Irish Economic Outlook --- Personal insolvency bill to be enacted by Christmas - Shatter
(DBN)

Euro Sinks on Spain Reports; Markets Nervous --- Spanish bad bank sales will demolish more developers
(DBN)

Drumm US trial postponed until June
(DBN)

______________

MENA:

Dana Gas reaches "in principle" sukuk restructuring --- Booming Gulf sukuk market brushes off Dana Gas
(DBN)

Arcapita secures sharia-compliant bankruptcy loan
(DBN)

Man Behind Anti-Muslim Film Going to Prison
(DBN)

______________

Cyprus:

Troika returns to Cyprus for bailout talks
(DBN)

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South Africa:

Insolvency law put to the test in South Africa
(DBN)

______________

Argentina:

Argentine judge embargoes Chevron assets on spill
(DBN)

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Israel:

Channel 10 Bosses Barricaded in Treasury Ministry
(DBN)

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Romania:

This Is What Ads For Gas Look Like In Romania
(DBN)

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Kazakhstan:

Kazakh Audit Shows State Failures in BTA Bank's Takeover
(DBN)

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Copyright 2012