October 11, 2012

The Daily Bankruptcy News

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Law:

Retired Dewey Partners Say Judge's Fast-Track Clawback OK 'Adds Insult to Injury,' May Appeal --- Judge Approves Dewey Partner Settlement, Slaps Down Objectors
(DBN)

Bank of America Request To Law Firms for Legal Fee Credit Raises Ethical Questions
(DBN)

Partner Uses Reality Show Approach to Small-Firm Hiring, Gets ‘Incredible’ Top Associates
(DBN)

Despite Brutal Legal Job Market, Some Well-Known Law Firms are Hiring in the Midwest
(DBN)

Latham, Kirkland on Bain, Eversheds: Business of Law
(DBN)

Former Patton Boggs Client Accuses Firm of Marketing Competitor's Products
(DBN)

Accused lawyer/killer who filed bankruptcy three years ago makes $1M bail --- $1 million bond posted by attorney bothers bankruptcy trustee
(DBN)

And Biglaw’s Happiest Campers Are…
(DBN)

Women Who Curse Like Sailors
(DBN)

Collapse of Aerospace Merger Deals Blow to Army of Advisers
(DBN)

Law Firm Calls Bomb Squad to Office to Deal with Deceased Client’s Hand Grenades
(DBN)

Wisconsin Supremes Mull Case of Lawyer Accused of Lying to Partners (But Not Clients)About Hours
(DBN)

The 10 Best Paying Career Alternatives For Law Grads
(DBN)

Career Alternatives For Attorneys: Television Screenwriter
(DBN)

The Most Liberal And Conservative Law Schools In America
(DBN)

If They Can't Get Jobs As Lawyers, Top Law Students Can Always Use This Video To Make Their Millions
(DBN)

6 Reasons for 3Ls to be Happy They Still Don’t Have a Job
(DBN)

Desperate 2Ls Treat BigLaw Job Search Like a Full-Time Job
(DBN)

Law School Transparency: IBR for everyone
(DBN)

Law Schools: $100,000 question
(DBN)

How Much Will Law School Cost In The Future? It’s Pretty Scary…
(DBN)

Law School Dysfunction, Arizona Style
(DBN)

In Defense of Professor Donald North and Southern University Law Center (SULC)
(DBN)

Appeals Court Bars Wyly From Milberg Malpractice Suit
(DBN)

Attorney leaves Wilson Elser over sealed swindler case
(DBN)

Self-Help Guru Who Authored 'Rich Dad, Poor Dad' Hit with $24M Judgment, But Still Worth a Bundle
(DBN)

Avoiding Sexism in Legal Writing—The Pronoun Problem
(DBN)

Confidentiality: Silent Circle App
(DBN)

Review: PDFpen for iPhone -- sophisticated PDF editing tool
(DBN)

Nev. Bar Seeks Required CLE for Substance Issues, Says Almost 25 Percent of Applicants Admit History
(DBN)

Stealth Lawyer: Will Shortz, NYT Crossword Editor
(DBN)

11 Of Lance Armstrong's Teammates Testified Against Him To The USADA --- USADA: Lance Armstrong Was Part Of The Most Sophisticated And Successful Doping Program Cycling Has Ever Seen
(DBN)

Woman Called 911 To Complain About The "Crappy Service" At A Burger King
(DBN)

Girl In Roman Polanski Case Is About To Go Public With A Massive Tell-All
(DBN)

Nun Caught On Surveillance Tape Stealing 2 Beers
(DBN)

S-------- Win $13 Million Class Settlement
(DBN)

Wife carrying lawyer wins
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

Commission: NY Judge Should Be Censured for Taking $250,000 Gift and Loan from Lawyer for Campaign
(DBN)

Judge’s Pics of His P------- Result in Unusual Discipline Ruling --- Ex-Judge of the Day
(DBN)

The 22-Year-Old Sugar Land, Texas Woman Behind The SCOTUS Affirmative Action Fight --- Is There A Critical Mass On The Supreme Court To Follow The Court’s Affirmative Action Precedents? --- A Quick Guide To The Affirmative Action Showdown Currently In The Supreme Court --- Justice Sotomayor Got Fierce During Affirmative Action Fight --- Kennedy could be the decider in affirmative action case
(DBN)

Manhattan surrogate judge should be censured, conduct commission says
(DBN)

What would Obama’s Supreme Court look like?
(DBN)

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Wall Street:

Stock futures signal flat to higher Wall Street open
(DBN)

Dow Falls 1% as Global Fears Weigh --- Dow Drops 129 Points
(DBN)

A Former Banker Breaks Down What Investment Bankers Do All Day
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

Are Quitters Overconfident?
(DBN)

Job Cuts Loom on Wall Street
(DBN)

Please Be Quiet Mr. Welch
(DBN)

Job openings fall, but opportunities improve from last year
(DBN)

Teaching Jobs Finally Coming Back
(DBN)

Cummins Plans to Fire 1,500 by Year End
(DBN)

The US economy may have slipped into a new, lower-employment equilibrium
(DBN)

Why America's underemployment problem isn't as bad as you think
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Livestock:

Pennfield Corp. files bankruptcy sale plan
(DBN)

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Elder Debt:

Should seniors bother paying off debt?
(DBN)

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Fraud:

Former Augusta businesswoman Regina Preetorius indicted on fraud, money laundering charges
(DBN)

CEO of bankrupt oil firm charged in tax case
(DBN)

Retrial of ex-Mayer Brown lawyer over Refco fraud begins
(DBN)

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Private Equity:

E-Mails Cited to Back Lawsuit's Claim That Equity Firms Colluded on Big Deals
(DBN)

Private Equity Steps into European Bank Lending
(DBN)

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Politics:

Joe Biden’s swipe at middle class
(DBN)

Elizabeth Warren And Scott Brown Went Toe-To-Toe On Military Budget Cuts, And It Was Absolutely Riveting
(DBN)

Wisconsin Lawmaker: 'Some Girls R--- Easy'
(DBN)

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Hollywood:

Digital Domain audits raised red flags
(DBN)

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Economy:

Fed survey: US economy expanded at moderate pace since mid-August , led by housing gains --- Hopeful signs in ever-halting recovery --- Stocks Get No Boost from Beige Book
(DBN)

Drop in job openings signals limited US job growth
(DBN)

US wholesale inventories up; sales post gain
(DBN)

Geithner: US economy growing despite headwinds
(DBN)

Lagarde: Global Jobless Rates Are 'Terrifying'
(DBN)

FedEx Lowers Global Growth Forecast, Cuts Costs
(DBN)

Bloomberg's Epic Outlook For The Slowing US Economy
(DBN)

JPMorgan 'Did Fed a Favor' Buying Bear Stearns: Dimon --- JP Morgan Lost $10bn on Bear Stearns Buy --- Case against Bear and JPMorgan provides little cheer
(DBN)

JP Morgan CEO: I'll Pay More in Taxes
(DBN)

Bill Gross Cuts U.S. Holdings Again, Buys Spain, Italy
(DBN)

Experts: Middle Class Tax Increases Coming
(DBN)

Another Crisis is Coming, Barofsky Says
(DBN)

This Is The Defining Chart Of The Ongoing Economic Crisis
(DBN)

Women boomers, more than men, fret their financial futures
(DBN)

US Debt Clock
(DBN)

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Real Estate:

ResCap Wins Temporary Approval to Pay for Foreclosure Review
(DBN)

12 States Are Getting Buried By Foreclosures --- There's A New Worst State For Foreclosures
(DBN)

FTC files suit against mortgage relief companies
(DBN)

U.S. Mortgage Fraud Initiative Data Included Older Cases
(DBN)

At NY trial, Assured says Flagstar must pay for shoddy mortgages
(DBN)

Morgan Stanley, rating agencies conspired on 2007 SIV
(DBN)

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Banking:

With Tapes, Authorities Build Criminal Cases Over JPMorgan Loss
(DBN)

Is Wells Fargo Becoming Bank of America?
(DBN)

JPMorgan must pay $18 mln in trust mismanagement case
(DBN)

Fed Governor Suggests Congress Weigh Laws to Limit Bank Size
(DBN)

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Food/Beverage:

Tully's Coffee files for bankruptcy, closes stores --- Tully's bankruptcy --- Men are from Tully's, women are from Starbucks
(DBN)

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Municipalities:

Building Consensus in a Municipal Bankruptcy
(DBN)

Silicon Valley cities targeted for possible credit downgrade --- 30 cities in California face ratings ax --- Oakland could get hammered on bond debt --- The story behind Moody's review of California cities
(DBN)

American Cities Going Bankrupt : Making Sense of the Growing Trend
(DBN)

California Chapter 9: Next Up, City of Atwater?
(DBN)

Mammoth Lakes proposes laying off nearly half of police force --- Mulls post-bankruptcy cuts
(DBN)

Down economy exacerbating US town dissolutions
(DBN)

PA: Emergency manager law - Voters asked should it stay or should it go?
(DBN)

IN: Public Act 4 being debated
(DBN)

Municipal bankruptcies won't be common
(DBN)

The 50 Most Dangerous Cities In The World
(DBN)

Act 47 team: Pittsburgh finances have recovered
(DBN)

Voters back $150 mln of bonds in Birmingham, Alabama
(DBN)

Jefferson County's differences with Alabama governor, others could hurt chances for fiscal fix
(DBN)

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Alternative Energy:

Solyndra Bankruptcy Plan Has Objections From IRS, Energy
(DBN)

Solyndra investor sought tax breaks as bankruptcy loomed-filing
(DBN)

IRS says 'tax avoidance' at heart of Solyndra bankruptcy plan
(DBN)

Alameda County objects to Solyndra bankruptcy plan
(DBN)

Unisolar files for insolvency , Photon reports
(DBN)

Special Interest Groups Spent Nearly $11 Million On Solyndra Attack Ads Since April
(DBN)

U.S. lawmakers press DOE about Abound Solar tech problems
(DBN)

US To Tax Chinese Solar Panels Up To 47%
(DBN)

Influence peddling runs deep in energy loan deal; BrightSource emails show cajoling
(DBN)

______________

Religion:

Spokane Diocese sues its bankruptcy attorneys --- Diocese Turns On Lawyers
(DBN)

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Shipping:

Deiulemar Shipping bankrupt as freight crisis deepens
(DBN)

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Health Care:

Amid Broken Merger, Highmark to Meet With West Penn's Physician Leaders
(DBN)

______________

Consultants:

Carl Marks Names Joseph R. D'Angelo Managing Director
(DBN)

_____________

Celebs:

It's one bad thing after another for John L. Smith, Arkansas football team
(DBN)

The 15 Most Expensive Celebrity Engagement Rings
(DBN)

______________

Corporate Reform:

Executives spared prison should at least lose jobs
(DBN)

Realtors, consumers to bear the burden of new Fed regulations
(DBN)

______________

Mass Torts:

Bebee Medical Center Avoids Bankruptcy, Settles in Bradley Lawsuit For $123 Million
(DBN)

Hartford Faces Lawyer’s Claim Involving Treasury Official
(DBN)

______________

Orchestras:

Can These Philadelphians Be Fabulous Again?
(DBN)

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Student Debt:

Examining the Future of Student Debt
(DBN)

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Lehman:

Linklaters acts as Lehman Brothers edges closer to mass pay-out
(DBN)

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New Bankruptcy Opinions
(No new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

Bill on Bankruptcy: NewPage, Dewey, Lehman and more!
(DBN)

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Bankruptcy Compensation:

ResCap Asks Judge to Reconsider Management Bonus Plan
(DBN)

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DIP Finance:

Delaware District Court Interprets DIP Financing and Compensation Orders in Barnes Bay Bankruptcy
(DBN)

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Appeals:

The Second Circuit Signals in In Re Charter Communications, Inc. that it Favors the Appellee Under the Equitable Mootness Doctrine
(DBN)

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Baseball:

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

______________

Brokers:

Judge rejects Wasendorf's bid for jail release
(DBN)

Former Corzine Confidant, MF Global Exec Bradley Abelow Grabs $1 M. Burg Pad Overlooking McCarren Park
(DBN)

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Aviation:

AMR Bonds Drop on Plan to Repay Debt at Less Than Market Value
(DBN)

American Airlines pilots still waiting for contract ruling
(DBN)

American Plans $1.5 Billion in New Aircraft Financing
(DBN)

Airline strike votes, the latest thing?
(DBN)

American Eagle officially puts motion to reject labor contracts on hold while it awaits votes on tentative agreements
(DBN)

American-US Airways merger seen as likely; specifics unclear
(DBN)

Branson: 'It would be quite fun' to buy stake in American Airlines
(DBN)

US Airways flight attendants to take strike vote
(DBN)

______________

Money Market:

‘It’s a Wonderful Life’ Until a Financial Crisis Hits
(DBN)

______________

Photography:

Eastman Kodak Company : Kodak to End Health-Care, Survivor-Benefits Program
(DBN)

Is Polaroid the New Kodak?
(DBN)

_____________

Autos:

Could GM Fail Again? Well, Yeah
(DBN)

Inside the Janesville Data
(DBN)

Rattner: Bailout Kept Ford Alive Too
(DBN)

Moody's downgrades Fiat and Peugeot
(DBN)

The End Might be Near for Opel
(DBN)

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Sovereigns:

Argentina rejects Singer’s $20M in ransom for ship’s release
(DBN)

______________

UK:

Dickinson Dees bolsters insolvency practice in nascent Leeds office with DLA hire
(DBN)

BIS proposes new bankruptcy adjudicator --- Reform to bankruptcy removes court process
(DBN)

Burberry confirms weak China sales figures
(DBN)

Administrators SFP called in at BRK Precision Engineering Limited
(DBN)

One fifth of British parents think alcohol improves their parenting skills
(DBN)

It’s Official: London Lawyers Hate Their Jobs
(DBN)

After-Dinner Mint Sales Show The Decline Of British Culture
(DBN)

______________

EU:

Euro Subdued by Spanish Rating Downgrade
(DBN)

Is the IMF Moving Away From Austerity?
(DBN)

European car market needs EU-led restructuring -Fiat boss
(DBN)

11 EU States Back Financial Transaction Tax
(DBN)

Goldman’s Cohn Sees ‘Small’ Chance Euro Area Will Stick Together
(DBN)

______________

PIIGS:

Greek unemployment scales new high, one in four without a job --- Greece Gets Solidarity, But Needs More, Godfrey Says
(DBN)

Ireland Keeps Faith in Bank-Debt Deal --- Run down of former billionaire Sean Quinn’s assets revealed by bankruptcy firm | Irish News and Politics spanning the US, Ireland and the World --- ie: Business of going out of business is booming --- Reform Of The Personal Insolvency Regime In Ireland
(DBN)

S&P Downgrades Spain To BBB- --- S&P downgrade may nudge Spain bailout along --- Spain Faces Uphill Battle Over Debt: Standard & Poor's
(DBN)

______________

Canada:

Three Sisters Creek golf course in trouble
(DBN)

______________

MENA:

Arcapita to File Chapter 11 Plan by Dec. 14
(DBN)

Muslims Brothers in UAE 'going bankrupt '
(DBN)

US Ambassador Fled to Safe Room at Libyan Embassy During Sept. 11 Attack, But It Filled with Smoke
(DBN)

______________

Australia:

Hedge funds consider Nine receivership
(DBN)

______________

China:

Alcoa CEO Sees Major China Economic Decline
(DBN)

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Cyprus:

Cyprus in Trouble Again Bailout Needed
(DBN)

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Asia:

Asia's No. 4 Economy Sharply Lowers Growth Forecasts
(DBN)

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Copyright 2012