October 12, 2012

The Daily Bankruptcy News

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Law:

Ethics Experts Question Bank of America’s New Tactic for Reducing Its Legal Fees --- BofA to Outside Firms: We Sent You Business, Now Cut Our Legal Tab
(DBN)

Standoff Continues Between Dewey Retirees, Bankruptcy Estate
(DBN)

London Partners Can’t Afford Homes . . .
(DBN)

Musical Chairs: Seven Partners Part Ways With Haynes and Boone
(DBN)

Baker & McKenzie, Bingham, Cooley: Business of Law
(DBN)

Hogan Lovells aims for 30% female partners
(DBN)

Judge Disqualifies Covington from Representing State In Big Case Against Ex-Client 3M
(DBN)

Freshfields is slammed in Solicitors Disciplinary Tribunal ruling
(DBN)

Who's Who - Canada: Insolvency & Restructuring
(DBN)

Clifford Chance office space for sale
(DBN)

Princeton Review Rankings Part Deux: The Toughest Law Schools To Get Into, And More!
(DBN)

8 Law Schools With Terrible Employment Rates
(DBN)

Law School Transparency: Going to zero
(DBN)

Law school tuition is about to jump to its most outrageous level yet
(DBN)

Having a Gay Old Time: Couple Sentenced for Massive Theft from Vanderbilt Law
(DBN)

Survey tags Baylor law school as having most competitive students
(DBN)

Looking for a Law School to Fit Your Politics?
(DBN)

From Biglaw to Boutique: Call the Carrier
(DBN)

In-House: When S**t Gets Real
(DBN)

Xerox Develops Automatic Redaction Tool
(DBN)

Firms, Clients Clash Over Charges for Office Services
(DBN)

10 Ways Technology is Rewiring Law Practice
(DBN)

Steven Tyler Lawyer Sued for Allegedly Botching 'American Idol' Deal
(DBN)

Fort Lauderdale attorneys persuade jury that Ruden McClosky failed client
(DBN)

Westlaw Misconduct Draws Reciprocal Reprimand
(DBN)

TX: The Innocent Man, Part One
(DBN)

Attorney's Creditor Not Entitled To Invoke Escrow Rule
(DBN)

Linklaters advises PwC on agreement over $38bn Lehman claims
(DBN)

Expect Jail Time, Judge Tells Prospective Juror Who Googled Murder Defendant, Flouting Written Order
(DBN)

Judge Sends Out Court Summonses to 100 Residents Who Failed to Appear for Jury Duty
(DBN)

Lawyer Seeks $25M From Insurer, Says He Was Set Up in Criminal Case That Destroyed His Legal Career
(DBN)

Dodgy Solicitor of the Week
(DBN)

Law Librarian Claims She Lost Nearly 80 Pounds On The ‘Starbucks Diet’
(DBN)

Student Is Suing Her High School Because It Suspended Her For Cheating
(DBN)

Fla. man accused of returning used e-----
(DBN)

Warner Bros. Asks Court to End Superman Litigation Over Alleged Lawyer Misconduct
(DBN)

______________

Judges:

The Onion: SCOTUS - "I'd forgotten how cute first-year federal clerkship girls are"
(DBN)

Dear Justice Kennedy: Your Daughter Was My College Roommate
(DBN)

Couple in plot to kill judge files for bankruptcy
(DBN)

British Judge, a Well-Known Author, Is Temporarily Suspended After Arrest; Police Won’t State Reason
(DBN)

A Fun Little Footnote
(DBN)

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Wall Street:

Stock index futures point slightly higher
(DBN)

Markets Are Moving Higher
(DBN)

Stocks Finish Flat After Good News About Jobs
(DBN)

Wall Street Is Undergoing A Hiring Sea Change That Could Take It Back 30 Years
(DBN)

25 Things You Should Know About Dating A Wall Streeter
(DBN)

Fortune's 7 Fallen Angels, Which One Is A Buy?
(DBN)

______________

Layoffs:

Which State Distorted Jobless Claims Data?
(DBN)

3.5 Unemployed for Every Job Opening
(DBN)

Maybe Today's Jobs Report is Wrong
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Municipalities:

California Prerequisites to Municipal Bankruptcy Filings: Working or Not?
(DBN)

Experts: Municipal bankruptcy, like emergency manager law, could lead to lengthy court battles
(DBN)

Struggling counties urge relief of state mandates
(DBN)

A disturbing peek into how city bankruptcies work
(DBN)

Stockton Schools Test Muni Market After City Bankruptcy
(DBN)

Atwater council members give up pay, perks
(DBN)

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

______________

Economy:

Weekly Initial Unemployment Claims declined sharply to 339,000
(DBN)

Trade Deficit increased in August to $44.2 Billion
(DBN)

IMF’s Blanchard: Healing From Crisis Could Take Decades
(DBN)

Goldman Sachs’s Blankfein Says He Might Support Higher Taxes
(DBN)

What Romney Will Do With Bernanke Is Becoming A Major Concern
(DBN)

Handicapping the 2012 Economics Nobel
(DBN)

TARP Costs Cut by 25% in Latest Estimate
(DBN)

Jamie Dimon's odd idea of a "favor"
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Foreclosure activity a 5-year low --- Miami-Dade's third quarter foreclosure activity climbs 22% --- Illinois one of few states where foreclosures climbing
(DBN)

California Leading U.S. Out of Housing Bust
(DBN)

Redfin: House prices up 5% Year-over-year in September
(DBN)

Mortgage Refinancing Boom Is Expected to Benefit Banks
(DBN)

Average US mortgage rates for the past 52 weeks, at a glance
(DBN)

ResCap Seeks Change to Ensure Quicker 'Legacy' Loan Sale
(DBN)

Housing IPO raises $1 billion
(DBN)

Consumer groups ask CFPB to scrap mortgage rules as inadequate
(DBN)

___________

Politics:

The 25 richest and 25 poorest members of Congress
(DBN)

Understudies Offer a First-Rate Performance --- Sharp Jabs Dominate Debate --- Between Interruptions, a Debate Broke Out --- Confusing Strength With Aggression --- Both VP candidates took some liberties with truth --- Fact checking the vice-presidential debate --- Fact Check: Biden on letting Detroit go bankrupt --- Detroit takes center stage --- Ryan, Biden debate gives auto bailout a passing nod --- Are Medicare and Social Security going bankrupt ?
(DBN)

______________

Hollywood:

Time to fight the fangs of finance
(DBN)

West Palm Beach moves closer in bankruptcy court to retrieving land
(DBN)

Mogul Ted Field's Lawsuit Over Film Company Won't Go to Arbitration
(DBN)

______________

Aviation:

'Distressed' Investors Circle AMR
(DBN)

American to continue reducing flights in November
(DBN)

American Airlines pilots protest at Reagan
(DBN)

CEO says American Airlines 'disappointed our customers'
(DBN)

Wichita group headed to China to talk about Hawker Beechcraft
(DBN)

______________

Photography:

Equality at Eastman Kodak
(DBN)

______________

Religion:

Jerry Johnston’s New Day Church shuts down
(DBN)

______________

Fraud:

Fraudulent Transfer Claim Meets Forfeiture Proceeding in Ponzi Scheme Case
(DBN)

New Stream's Ex-Employees to Take the Fifth
(DBN)

Trial date set in SEC case against Goldman's Tourre
(DBN)

______________

Mail:

Mailing a letter to cost a penny more in 2013
(DBN)

______________

Banking:

Which Banks Could Face Cap on Size?
(DBN)

BofA Workforce Swells on Bad Mortgages
(DBN)

Tax refund may aid Mile High sale
(DBN)

Big winner in government's JPMorgan suit: A hedge fund
(DBN)

______________

Non-Profits:

Wyclef Jean's highly-hyped Haiti charity defunct and in debt, surprising approximately nobody
(DBN)

______________

Alternative Energy:

Solyndra Sues Suntech Holdings Over Antitrust Claims
(DBN)

______________

Money Funds:

Reserve Management's Bent Tells of Desperate Situation
(DBN)

Fund pioneer Bent tries to shift blame
(DBN)

______________

Turnarounds:

O'Keefe Wins Turnaround of the Year Award
(DBN)

______________

Lehman:

Lehman Europe plans creditor payout by end November
(DBN)

______________

Autos:

John Nichols: Paul Ryan Is No Champion of American Auto Workers
(DBN)

Auto bailout prompts sharp dispute at debate
(DBN)

______________

Brokers:

MF Global Singapore yet to return S$58m of funds to customers
(DBN)

______________

New Bankruptcy Opinions
(13 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

______________

Cross Border:

A Legal Brawl in Mexico as Bond Buyers Look On
(DBN)

In a Clash of Two Tycoons, a Peek at a Mexican Financier
(DBN)

______________

Veil Piercing:

The Creditor of My Affiliate Is…Not my Creditor
(DBN)

______________

DIP Finance:

Mechanic's Lien Claimants Escape through a Hole in a Super-Priority DIP Lien
(DBN)

______________

Litigation:

"The competent quality of a party's pleadings is not a basis for striking them"
(DBN)

E-Discovery: Striking a Balance
(DBN)

______________

Health Care:

West Penn Willing to Resume Talks with Highmark
(DBN)

Forbes doctors fear staff cutbacks
(DBN)

WPAHS board speaks on Highmark fallout
(DBN)

Madison Hawk named auctioneer for Sheehan Hospital
(DBN)

Romney: Americans Don't Die Because They're Uninsured
(DBN)

______________

Tax:

Ex-UBS Client Roessel Avoids Prison in Offshore Tax Case
(DBN)

______________

Brokers:

MF Global Approved to Settle Claims of Less Than $50,000
(DBN)

______________

Student Debt:

Income-Based Repayment: Lifeline for Law Graduates, Certain Loser for Government
(DBN)

Bankers More Worried About Student Loans
(DBN)

Schilling: Idiots with Loans Go to College
(DBN)

______________

Food/Beverage:

Tully's Coffee parent files for Ch. 11 bankruptcy
(DBN)

Twinkies maker has plan to emerge from bankruptcy: wage cuts
(DBN)

Hostess Files Bankruptcy -Exit Plan
(DBN)

______________

UK:

Montpelier late filing accounts and faces a winding up order
(DBN)

Paul Tucker warns backlash to another bank bailout would be "uncontainable"
(DBN)

______________

EU:

IMF Behind the Curve on Europe: ESM's Regling
(DBN)

EU Outlook Darkens as German Growth Fades
(DBN)

EU Crisis: How Long Can Countries Buy Time?
(DBN)

Asset-based lenders 'must be regulated’ - Allegations of profiting from premature administrations
(DBN)

SFP appointed Administrator for Assured Security Limited
(DBN)

ICM bemoans lack of substance in new insolvency plan
(DBN)

Bunds track Treasuries as Spain waiting game drags on
(DBN)

The European Union Has Won The Nobel Peace Prize
(DBN)

______________

PIIGS:

In Greece, 'Hello Pragmatism, Goodbye Austerity' --- During A Violent Incident At A Greek Theater, An Elected Official Went On An Unimaginably Vile Rant --- If Elections In Greece Were Held Today, Radical Anti-Bailout Party SYRIZA Would Crush Everyone --- Greek central banker's big pay-off --- Greece?s biggest company flees --- Schauble: ‘No Alternative’ to Slashing Debt --- Jobless to Overthrow Government
(DBN)

S&P Cuts Spain Credit Rating to Near Junk --- Double trouble after Spain rating cut
(DBN)

ie: Insolvency regime in place by February--- Quinn: I don't owe taxpayers an apology --- Ciara Quinn's wedding cake
(DBN)

______________

Germany:

German insolvencies and liabilities increase
(DBN)

______________

Australia:

Possession now '10 tenths' of the law
(DBN)

______________

China:

China Lending Trails Estimates as Wen Struggles to Fuel Rebound
(DBN)

______________

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Copyright 2012