October 10, 2012

The Daily Bankruptcy News

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Law:

Manhattan Prosecutors Are Intensifying Their Probe Into History's Most Colossal Law Firm Failure ---Dewey Have A Criminal Case On Our Hands? (Plus your chance to own a piece of Dewey.)--- Judge approves $71.5 mln Dewey settlement --- The Opinion
(DBN)

To Survive, Firms Will Have to Get Serious About Costs, Get Off the Lockstep Treadmill
(DBN)

More Law Firms Embrace Cheaper Alternatives for Back Office Work
(DBN)

Finley Kumble’s Questionable Legacy: Lateral Hires and Whopping Pay Spreads
(DBN)

UK: Courage needed to change law firm structures
(DBN)

Reed Smith, Cleary, Paul Weiss, Latham: Business of Law
(DBN)

Lawyer's Revelations Add To Scrutiny Over Elizabeth Warren's Corporate Clients
(DBN)

Kirkland & Ellis LLP Announces New Partners
(DBN)

Brown, Warren spar over their legal work histories
(DBN)

Spokane Diocese claims bankruptcy lawyers mishandled abuse scandal bankruptcy
(DBN)

Gradenfreude: Living Life By Fortune Cookies — Bad Idea Or Worst Idea?
(DBN)

Partner Paydays (Part 3)
(DBN)

Simple Steps to Prevent Fraud at a Firm
(DBN)

TrialDirector for iPad a Worthy Contender for Court
(DBN)

Trial Technology: When an Upgrade Is a Downgrade
(DBN)

Law School Grad/Consultant Wins Her Lawsuit for Overtime
(DBN)

Law school ridiculed for opening in the middle of a law school crisis
(DBN)

So They Think They Can Dance: Students And Alumni Of A Top Law School Make A Cute Music Video
(DBN)

Princeton Review Ranks The Law Schools With The Best Career Prospects --- The 10 Best Value Law Schools In America
(DBN)

5 Bad Reasons to Go to Law School
(DBN)

Law School Transparency: A frank exchange of views
(DBN)

Law schools back University of Texas in affirmative action case
(DBN)

Cattle Call for Law Professors
(DBN)

Indiana Tech Law School: Who will be in first (unaccredited)class in 2013? --- If You Build a Fifth Law School in Indiana, Will They Come?
(DBN)

More video self-promotion by law schools: John Marshall in Chicago
(DBN)

Columbia Law School Ranked Best for Career Prospects
(DBN)

St. John’s Dean Enslaved Scholarship Students, U.S. Says
(DBN)

Court Says It's OK For Employers To Hijack Your LinkedIn Account --- Here's How To Stop Your Boss From Legally Hijacking Your LinkedIn Page
(DBN)

The Benefits of Having (and Being)an In-House Mentor
(DBN)

Female lawyers hit French glass ceiling
(DBN)

Sandusky Sentenced to 30 to 60 Years in Prison --- Jerry Sandusky's Lawyer Admits He Screwed Up The Case Months Ago
(DBN)

Visually Impaired Lawyer Applies for Social Security Job, Takes Fraud Plea in Disability Income Case
(DBN)

Ex-Bengals Cheerleader Who Took A Plea Deal On Sexual Misconduct Charges Is Now Considering Law School
(DBN)

Syria: Law student Hanadi, 19, is eager to see action on the front lines
(DBN)

‘They Were Lovely!’ Bar Students Suck Up To Wills And Kate
(DBN)

Wedding After-Party Of Financial Services Couple Requires One Cop For Every One Guest
(DBN)

NFL Adds Three Games to Broncos LB D.J. Williams Suspension; Supplied Non-Human Urine for Test
(DBN)

The Million Dollar Reference Desk: Are Librarians Selling Themselves Short? Ask Pearl!
(DBN)

Guess How this Roach-Eating Contest Ends
(DBN)

Texas schools punish students who refuse to be tracked with microchips
(DBN)

Say What?!
(DBN)

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Judges:

Law School Email Draws Fire Amid Hotly Contested Retention Election for 3 Top Florida Judges
(DBN)

What The Supreme Court Justices Looked Like When They Were Young
(DBN)

Claimed $40K Contract Hit Attempt on Fed’l Judge, Prosecutor Creates New Trouble for Jailed Con Man
(DBN)

Angry Judge Blasts ‘Backseat Driver’ Appellate Counsel
(DBN)

"Back woods hillbillies" judge appeals reprimand
(DBN)

Federal judge, prosecutor targets of alleged murder-for-hire plot
(DBN)

Court Finds Picture of 'Judicial P----' Matter of Disrepute
(DBN)

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Wall Street:

Stock index futures flat
(DBN)

Stocks Tumble: Here's What You Need To Know
(DBN)

10 Brands That Lost The Most Value This Year
(DBN)

A Bigger Paycheck on Wall Street
(DBN)

Bonus Watch ’12: Half Of Wall Street Feeling Pretty Positive About Pay Day
(DBN)

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Layoffs:

China Slowdown Leads To 1,500 Job Losses At US Engine Company
(DBN)

2 More Ways Obama Got The Unemployment Rate To Drop
(DBN)

Jack Welch v U.S. Gov: Round 4 --- There are some countries where government-produced economic data is suspicious. The US is not one of them
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Will Creditors’ Lawsuit Undo GM Bailout? Bankruptcy Judge ‘Shocked’ By Undisclosed GM Canada Deal
(DBN)

Fmr czar contradicts docs: Admin not behind Delphi scandal
(DBN)

Another House leader demands release of Delphi docs
(DBN)

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Tobacco:

Liquidation threat looms larger over Renegade Tobacco
(DBN)

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Trucking:

Customers accuse Florida boat-transport company of fraud
(DBN)

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Private Equity:

What does the Mervyn's settlement mean?
(DBN)

Fight brewing over who gets bankrupt Bucks firm
(DBN)

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Economy:

America's Debt-To-GDP Hits A 6-Year Low
(DBN)

Poll: Business Owners Under Age 40 More Optimistic
(DBN)

The State Of The Slowing Global Economy In 2 Huge Slides
(DBN)

Sheila Bair: Here's How The Obama Administration Messed Up The Wall Street Bailout
(DBN)

Fiscal Cliff May Be Felt Gradually, Analysts Say
(DBN)

O's economic woes
(DBN)

IMF: Prepare for probable disappointment
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Fannie Mae finds increased homebuyer faith in housing recovery
(DBN)

NY mortgage trial could have broad impact on Wall St
(DBN)

U.S. attorney goes after Wells Fargo for FHA-backed mortgages --- Government sues for reckless lending practices --- Civil Mortgage Fraud Suit --- Shares down 1.8%
(DBN)

Wells Fargo Managed To Sell Bad Mortgages Without Sending Embarrassing Obscenity-Filled Emails About It
(DBN)

Americans Still Love The Suburbs
(DBN)

Since The Bottom Of The Crisis, Homebuilders Have Been A Better Bet Than Gold
(DBN)

NYC Foreclosure Auction Postponed 23 Times
(DBN)

DOJ charges hundreds in billions worth of mortgage rescue scams
(DBN)

Holder releases results of mortgage relief scams initiative
(DBN)

July Shadow Inventory Down To 2.3M Units
(DBN)

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Banking:

Walmart wants to be your new banker --- Bove: Is Walmart's Banking Business Legal? --- Wal-Mart's Latest Offering To The Underbanked
(DBN)

US approves stress test rules for 100 banks
(DBN)

US to allow smaller banks more time for stress tests
(DBN)

McKinsey: Banks Must Cut Deeper to Help Stock Prices
(DBN)

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IP:

US judge allows criminal case against Megaupload to proceed
(DBN)

______________

Hotels:

Newburgh hotel files for bankruptcy
(DBN)

______________

Mass Torts:

Garlock: Asbestos claimants committee obstructing fraud case
(DBN)

United Gilsonite to Contribute to Asbestos Trust Fund
(DBN)

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Municipalities:

Jeffco looking to use sewer revenues for attorneys' fees
(DBN)

Jefferson County to appeal judge's bankruptcy ruling
(DBN)

Bakersfield Hockey Team Apologizes for Mocking Stockton Bankruptcy
(DBN)

Moody's reviews ratings of 32 California cities; nine pension bonds downgraded
(DBN)

Jefferson County Commissioners to consider rate increases at committee meeting
(DBN)

Residents expect Act 47 tax hike
(DBN)

California Cities Face Downgrade on Debt, Moody's Says
(DBN)

State Budget Crisis Report: The Perfect Storm Heads Toward Municipalities
(DBN)

Michigan Voters Risk Bankrupt Cities With Vote on State Managers
(DBN)

Washington DC area tops list of America's richest cities
(DBN)

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Aviation:

Look! Up There In the Sky! It's a Bird! It's a Plane! Nah, It's Just an Another Airline Brand Plummeting to Earth!
(DBN)

Dispatchers reach tentative agreement with American Eagle
(DBN)

Business travelers flee American Airlines, according to report
(DBN)

AMR, American Airlines want to borrow up to $1.5 billion at cheaper interest rates --- Moves to Refinance Certain EETC at Par
(DBN)

American Airlines CEO Optimistic, Picketing Pilots Not So Much
(DBN)

AMR's payments to bankruptcy firms top $77 million over four months
(DBN)

American Eagle moves ahead with restructuring plan --- American Eagle spinoff still possible post- bankruptcy
(DBN)

Pinnacle flight attendants challenge company’s labor-pact rejection
(DBN)

Millions of dollars of Aveos tools and equipment to be auctioned off in Montreal
(DBN)

India Asks Kingfisher To Stop Selling Tickets
(DBN)

______________

Fraud:

An embarrassing instant message from the UBS trader trial
(DBN)

Money market pioneer Bent fights SEC fraud claim at trial
(DBN)

In Gupta Sentencing, a Judgment Call --- The Rajat Gupta Sentencing: Hasn't happened yet but debate of its fairness already starts
(DBN)

U.S. Insurers Say Fraud Costs on the Rise: Survey
(DBN)

The Incredible Rise and Fall of High-Flying Art Scammers Helene and Wolfgang Beltracchi
(DBN)

ZeekReward.com had as many as 2 million participants, official says
(DBN)

Zeek Receiver Files Preliminary Liquidation Plan
(DBN)

Back to the woodshed: TD Bank facing more Rothstein sanctions
(DBN)

______________

Newspapers:

Court Approves Journal Register's $25 Million DIP Loan
(DBN)

______________

Alternative Energy:

Metro's nearly complete biodiesel plant up for bid
(DBN)

Bankrupt solar company Abound ruled not on par with Solyndra
(DBN)

______________

Food/Beverage:

Bill Johnson's Big Apple has big cash woes
(DBN)

Hostess to cream bakers soon
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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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Miscellaneous:

Bankruptcy Q&A Compendium - Interviews with key industry figures over the last 12 months
(DBN)

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Bankruptcy Statistics:

Commercial Bankruptcy Filings Down 22% in Three Quarters of '12
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

Harvey Miller: A Better Solution Is Needed for Failed Financial Giants
(DBN)

______________

Trustees:

Judge Names Fletcher Bankruptcy Trustee
(DBN)

______________

Professional Compensation:

Texas Rangers: Lenders Strike Out in Challenge to Financial Advisors’ Professional Fees
(DBN)

______________

Consultants:

BDO Consulting Expands in Los Angeles - Maryellen Sebold Appointed Managing Director in Los Angeles
(DBN)

______________

Insurance:

Lawyer's Disparaging Remarks About Bankruptcy Lawyer Client Held Not Privileged
(DBN)

______________

Politics:

Teacher Getting Death Threats After Allegedly Telling Student To Take Off Her Mitt Romney Shirt
(DBN)

Warren: Blue-Collar Champion or Not?
(DBN)

How Washington's Grand Bargaineers are hurting America
(DBN)

Big Bird Wants Out of Campaign Ad
(DBN)

CEO Threatens to Fire Employees If Obama Is Reelected and Raises Taxes
(DBN)

______________

Livestock:

Zacky Farms Files Bankruptcy , Cites Cost of Poultry Feed
(DBN)

______________

Finance:

Arcapita Wins More Time From Judge to Control Bankruptcy
(DBN)

______________

Accounting:

20% of US Firms Cook Books During Earnings: Report
(DBN)

______________

Religion:

Spokane Diocese claims lawyers mishandled sex abuse scandal
(DBN)

Study: One-Third Of Adults Under 30 Have No Religious Affiliation
(DBN)

______________

Video Games:

OnLive was sold for just $4.8 million
(DBN)

______________

Forest Products:

Neck lumber mill sale in jeopardy
(DBN)

______________

Retailing:

Mervyn Lenders, Investors In Deal With Creditors
(DBN)

______________

IP:

Stan Lee Media Files Billion-Dollar Disney Lawsuit Over Marvel Characters
(DBN)

______________

UK:

David Cameron: No need for economic Plan B
(DBN)

The IMF calls Osborne's bluff
(DBN)

'Wonga is targeting Britain's bankruptcy capital'
(DBN)

Waverley administrators make nearly 700 redundancies
(DBN)

Judge suspended from judiciary following arrest
(DBN)

______________

EU:

IMF Says European Banks May Have to Sell $4.5 Trillion in Assets
(DBN)

IMF Singles Out European Debt Crisis as Key Threat
(DBN)

Draghi hasn’t exhausted ECB ammunition yet, says former executive board member
(DBN)

______________

PIIGS:

Spain: IMF forecasts "not etched in bronze" --- Spain votes to stop Catalonia independence referendum
(DBN)

ie: Quinns challenge to receiver opens --- ie: A shroud of mystery hangs over insolvency legislation
(DBN)

Greek police fire tear gas as 40,000 vent a nation's anger during Merkel's visit --- Samaras Says Merkel Visit a Triumph --- Nazi flags fly as Merkel tells Greeks the worst is over --- Τhe Truth About Merkel’s Visit to Athens --- A Second Greek Man Has Been Found Dead Since The Emergence Of 'The Lagarde List' --- IMF: Adjustment must be abrupt
(DBN)

_____________

Canada:

Examining the Scope of Regulatory Carve-Outs in CCAA Proceedings
(DBN)

______________

India:

Grim readings on the Indian economy
(DBN)

‘Titanic’ Defaults Loom on Restructured India Bank Debt
(DBN)

______________

Indonesia:

Distributor Justifies Actions Behind Telkomsel ' Bankruptcy '
(DBN)

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Copyright 2012