October 25, 2012

The Daily Bankruptcy News

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Law:

The Rise of Two-Tier Law
(DBN)

World's first cartoon brief inspires law firm's goofy marketing campaign
(DBN)

For 2013, Firms Focused on Revenue Growth, Corporate Clients on Value
(DBN)

Just Walk Away
(DBN)

You weren't always a broken, cynical wreck who jumps at the slightest command.
(DBN)

Why Do Lawyers Drink So Much? Because They Can.
(DBN)

Women At Biglaw Firms Have Made Almost No Progress In 7 Years
(DBN)

Debt Collection Lawyers Among Those Who Will Be Scrutinized by Consumer Financial Agency
(DBN)

‘Big-Shot’ Lawyer Sues His Daughter for Libel Because She Sought Trust Fund Accounting
(DBN)

US business group urges regulation of litigation funders
(DBN)

DC Ranks First—and Little Rock, Ark., Ranks Last—in List of Best Cities for Young Lawyers
(DBN)

The Inherent Dangers of “Limited” Representation and the Need to Define the Scope of Engagement, By Dennis J. Quinn and Kevin W. Weigand, Carr Maloney
(DBN)

An Ex-Staffer's Revelation Could Doom A Law School Accused Of Massive Fraud
(DBN)

Why Skype Law School Admission Interviews Are A No Good Very Bad Idea
(DBN)

Law Students Attend Harvard's First Class on GCs
(DBN)

Wal-Mart Centralizes Compliance, Ethics and Investigation Units, Hires Sidley Lawyer to Oversee
(DBN)

Judge to rule on Romney testimony: Staples' value may be key
(DBN)

Lonely Law Exec Says She Stole From Her Firm To 'Buy Friends'
(DBN)

Saggy Pants Outlawed By Florida City
(DBN)

Drive-Thru Rage Arrest (Again)At McDonald's
(DBN)

Stealth Lawyer: Colen Wiley, Filmmaker
(DBN)

Mug Shots
(DBN)

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Judges:

Shame Was in Judge’s Game, Michigan Supreme Court Says
(DBN)

Judge reprimanded for shirtless photo, flip remarks
(DBN)

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Wall Street:

US stock index futures signal early gains
(DBN)

Stocks Close Lower, Led by Energy
(DBN)

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Layoffs:

The 10 US Cities With The Best Job Growth
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Gupta Sentence: Charity Work Too Good For Wall Street Criminals --- Rajat Gupta gets two-year prison term
(DBN)

SocGen rogue trader Kerviel loses appeal against jail --- Prison, $7 billion fine for French rogue trader
(DBN)

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Coal:

Insolvent Patriot Coal CEO steps down, COO takes over
(DBN)

Another shift at the top for Patriot Coal
(DBN)

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Shipping:

OSG: The sharks start to circle
(DBN)

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Private Equity:

A Pre-Nup to Discourage Private Equity Companies From Asset Stripping
(DBN)

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Corporate Reform:

Consumer Protection Is a Partisan Issue
(DBN)

Consumer Agency Draws Ire by Ruling Debt-Collecting Lawyers Under Its Supervision
(DBN)

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Coal:

Patriot miners sue Peabody, Arch over retiree benefits
(DBN)

Patriot CEO exiting a few months after taking post
(DBN)

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Autos:

Auto Bailout Could Be Key To Obama Victory In Ohio
(DBN)

Auto industry bailout has staying power in presidential race
(DBN)

General Motors: Unloved and Misunderstood
(DBN)

European carmakers apply the brakes
(DBN)

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Resorts:

Snö Mountain will remain open despite challenges, investors say
(DBN)

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Politics:

From Paul Wellstone to Elizabeth Warren
(DBN)

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Economy:

Fed to continue economic stimulus
(DBN)

Is the US Waging a War on Savers?
(DBN)

Bernanke Seen Attacking Jobless Rate With QE Through 2013
(DBN)

Companies Sitting on More Cash Than Ever
(DBN)

Krugman: America's Best Hope Is That The Presidential Candidates Are Lying Through Their Teeth
(DBN)

Buffett: 'No Question' Global Economy Is Slowing
(DBN)

GenX has been clobbered by the recession
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Sales of New US Homes Rose in September to Two-Year High
(DBN)

More Americans Walking Their Mortgages
(DBN)

Why Neither Presidential Candidate Will Touch The Housing Crisis
(DBN)

Seattle developer, wife arrested in France --- Mastro's 'family & friends' investors want closure --- Mastro's diamonds, mansion and fancy cars: A look back at the saga --- Mastro complaint charges couple with six counts of bankruptcy fraud
(DBN)

DeMarco Shrinks Fannie-Freddie Without Help From Congress --- Millstein: Here's How to Revamp Fannie, Freddie
(DBN)

White House seeks removal of Fannie regulator
(DBN)

Nationstar loses in auction for ResCap assets --- Ocwen, Walter win bankruptcy auction --- $3bn bid
(DBN)

Berkshire to Lead Bidding for ResCap's Loan Portfolio
(DBN)

US Sues BofA for $1B in Mortgage Fraud Suit
(DBN)

How Demographics Will Save The US Housing Market
(DBN)

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Banking:

Credit Suisse third-quarter net falls 63%
(DBN)

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Alternative Energy:

A123 Delisted From NASDAQ
(DBN)

Last Battery Developer Standing
(DBN)

After $2.75 million boost from Texas taxpayers, Houston bioenergy co. Terrabon files for bankruptcy
(DBN)

Centrotherm unveils insolvency plan
(DBN)

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Financial Privacy:

Barnes & Noble warns customers of data theft
(DBN)

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Aviation:

American's Pilot Union Says Talks Progress
(DBN)

American plans to hire 2,500 pilots
(DBN)

Marathon Wants Examiner in AMR Case
(DBN)

Is Hawker 4000 aftermarket service in jeopardy?
(DBN)

US Airways quarterly profit tops estimates
(DBN)

Bankruptcy court order frees SB airport of ex-con developer
(DBN)

Kingfisher, PC Air, and Other Defunct Airlines That We Will Miss
(DBN)

Serbia's Jat Airways slams bankruptcy talks
(DBN)

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Debt Collection:

Debt collectors will be monitored by federal government --- CFPB issues rules
(DBN)

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Religion:

Archdiocese seeks settlement following abuse scandal
(DBN)

Victim interviews nearly done in church abuse case
(DBN)

Church Blamed the Pastor's Victim, Boy Says
(DBN)

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Brokers:

MF Global's original sin
(DBN)

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Celebs:

Liberace Foundation files for bankruptcy protection
(DBN)

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Tech:

Lack of transparency may risk sale to Micron, U.S. judge warns Elpida
(DBN)

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UCC:

Recent Case Highlights The Difficulty of Perfecting Security Interests Against Individuals Under Article 9 of The UCC
(DBN)

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Credit/Debit Cards:

50 Below settles dispute with credit card processor
(DBN)

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Lehman:

Lehman Brokerage Payout Awaits Approval of Affiliate Pact
(DBN)

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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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (19 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:

Bill on Bankruptcy: Solyndra, Lehman, MF Global, ATP Oil, LSP Energy, Want Ads
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Cross-Border:

'Vitro' Decision Is a Badge of Vigilance
(DBN)

UK: Supreme Court blow for Rubin lawyers as 'universal bankruptcy' bid defeated --- Insolvency practitioners face massive international costs after court ruling
(DBN)

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Safe Harbors:

Southern District Affirms Judge Peck’s Quebecor Decision, Broadly Interpreting “Settlement Payments” as Including Payments to Redeem Outstanding Notes
(DBN)

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Estoppel:

Fifth Circuit Declines to Apply Judicial Estoppel to Inconsistent Creditor Claims in Subsequent Case
(DBN)

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Litigation:

Forced Waiver of the Corporate Attorney-Client Privilege
(DBN)

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Small Business:

Wells Fargo Lends More than $1B to Small Business
(DBN)

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Municipalities:

Forecaster: Ending CalPERS would be costly for Stockton
(DBN)

San Bernardino ineligible for bankruptcy, argue CalPERS, mid-managers union --- Another showdown looms over San Bernardino bankruptcy
(DBN)

California Tax Defeat May Prompt Downgrades, Moody's Says
(DBN)

Central Falls emerging from bankruptcy
(DBN)

Volcker-Ravitch Study Says Illinois Pensions Face Insolvency
(DBN)

Illinois Debt Takes Toll on Services, Study Finds
(DBN)

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Education:

Texas Attorney General investigates missing $1.3 million in endowment money, former Lon Morris College president questioned
(DBN)

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Gambling:

Oklahoma tribe on track to buy La., Miss. casinos
(DBN)

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Health Care:

Judge to decide fate of West Penn investor talks
(DBN)

Air taxi operator says IRS drove him into bankruptcy
(DBN)

South Franklin Circle Files for Bankruptcy Protection
(DBN)

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Food/Beverage:

Gallo buys trademark of bankrupt Shakers Vodka
(DBN)

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UK:

Businesses still face hard times despite falling insolvency rates
(DBN)

Bankruptcies drop in Scotland --- Fear of 'calm before storm'
(DBN)

UK Economy Surges 1% as Britain Exits Recession
(DBN)

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EU:

Draghi Defends Bond Purchases With Warning of Deflation Risk --- ECB's Draghi Faces German Lawmakers
(DBN)

Draghi to Germans: The Market Is Wrong
(DBN)

Ten EU nations to adopt financial transaction tax
(DBN)

Dismal Flash PMI Report Explodes The Idea That Europe Is Making A Comeback
(DBN)

Lending to euro zone private sector falls in September: ECB
(DBN)

A Ford plant's demise tells the euro's tale
(DBN)

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PIIGS:

Greece: We got an extension; EU: No you haven't
(DBN)

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Australia:

Insolvency firm sues biggest customers
(DBN)

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Copyright 2012