October 8, 2012

The Daily Bankruptcy News

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Law:

Appeals court may revive law firm's bid for non-attorney owners --- Second Circuit Looks at Outside Investment in Law Firms --- Both Sides Take Heat in Suit Over Ban on Law Firm Investors
(DBN)

They Work Long Hours, but What About Results?
(DBN)

Baker & McKenzie shakes up associate pay with new merit-based model
(DBN)

Legal services sector gains 1,000 new jobs
(DBN)

Skadden, Freshfields, Davis Polk, Loeb: Business of Law
(DBN)

Freshfields Tops Global M&A in 2012
(DBN)

Chief Legal Officers' Compensation Up 11 Percent
(DBN)

"The Good Wife" - Is this really how a law firm in bankruptcy would operate?
(DBN)

A Dozen Suggestions for New Lawyers
(DBN)

From Midtown Law Partnership to Scarsdale Volunteer Arena: Richard Toder Makes it All Look Easy
(DBN)

Elizabeth Warren & LTV Steel --- Brown, Warren spar over law work --- Conservatives Say Elizabeth Warren Is A Money-Grubbing Lawyer Who Never Took Pro Bono Cases --- Elizabeth Warren releases two TV ads responding to Scott Brown’s criticism of her legal work
(DBN)
(DBN)

Deal doctors: Hiring roundup
(DBN)

More than other firms, Wilmer has filled the Obama administration with high-profile alums
(DBN)

Former BigLaw Partner Who Lost Age Bias Suit Is Ordered to Pay $182K on Counterclaim
(DBN)

Lawyer Offers Colleagues Discounts For Laser Treatments In Amazing Good-Bye Email
(DBN)

Lawyers Are Being Forced To Compete 'Hunger Games' Style For Jobs
(DBN)

Blogger explains why she gave up on law school after only six weeks
(DBN)

Albany judge rejects recusal motion in suit against alma mater
(DBN)

As Lawsuits Swirl, Judge Tells Lawyer to Take Down RipoffReport Comment re Ex-Client Law Student
(DBN)

Quote of the Day: A ‘Toxic’ Law School Environment?
(DBN)

The 50 Best Law Schools in America --- The 10 Most Expensive Law Schools In America
(DBN)

Law School Transparency: IBR
(DBN)

Is Law School Tuition ‘Too Damn High’? Dean and Tax Prof Differ on Solutions to Legal Ed Problems
(DBN)

'Easy Button' Scanning for Law Firms
(DBN)

What About the Lawyer Apps for Android?
(DBN)

10 Ways Technology is Rewiring Law Practice
(DBN)

iPhones: In the news
(DBN)

S FL: Lawyer's compensation survey 2012
(DBN)

Post-Ponzi work contrasts hourly rates, contingency fees
(DBN)

City of San Jose, Calif., sues law firm to recover confidential documents
(DBN)

What Notorious Killers Looked Like As Kids
(DBN)

If You’re Good At Your Job, Your Hair (Or Lack Thereof)Shouldn’t Matter
(DBN)

"Executive presence is one of those soft skills that they just don't teach you about in law school"
(DBN)

Lawyer Biking to Work Swerves to Avoid Car Door, Is Struck and Killed by Semitrailer Truck
(DBN)

Jones Walker Law Firm Sponsors Blood Drive for Lawyer Shot in Carjacking
(DBN)

Lawyerly Lairs: Alan Dershowitz Takes Manhattan
(DBN)

Touring the High-Roller Suite of Personal Injury Law, Big Willie Style
(DBN)

Rumors Continue To Spread About This Lawyer’s Prosecutorial P------ (Or Alleged Lack Thereof)
(DBN)

Police Hunt Goateed Woman In Kmart Larceny
(DBN)

Man In Batman Costume Busted By Cops. Again.
(DBN)

Abusers of Disabled Parking Get Hefty Fines, Lose Placards in Chicago Crackdown; More Penalties Loom
(DBN)

Lawyer offended by bad review must remove allegedly defamatory comments from Web: court
(DBN)

Pope Benedict's Ex-Butler Gets 18 Months In Jail
(DBN)

Lawyer Sees His ‘Mistrial’ Nickname as a Blessing and a Curse
(DBN)

Mr. Legal Entertainment: Meet Mr. Hollywood, Esq.
(DBN)

Former Prosecutor Accepted Fees In Cocaine
(DBN)

The Brilliant 'Sushi Defense' Saved A New York Woman From Eviction
(DBN)

Florida Officials Ban ‘Gator Parties’ That Put Kids in Swimming Pool with Wild Reptiles
(DBN)

Man Keys Cop Car...While The Cop Is Sitting In It
(DBN)

Mug Shot Match Game
(DBN)

Say What?!
(DBN)

______________

Judges:

New Chief Judge For San Diego's Bankruptcy Court
(DBN)

Judge Drake honored for 50 years of federal service
(DBN)

Spraker is new bankruptcy judge for Alaska
(DBN)

Judges Rule for Judges on Pay
(DBN)

Judge who beat daughter in viral video now has to contend with this woman
(DBN)

Scalia Compared Himself To Frodo Many Times In His Speeches
(DBN)

Judge Scalia : Gay Sex Not Constitutional
(DBN)

The Funniest Justice, week 1: Chief charges out of the gate
(DBN)

Florida Supreme Court judges fight for their jobs
(DBN)

Kozinski Loses Patience
(DBN)

Judge Reports for Jury Duty, Watches Own Training Video Unrecognized, Keeps Lunch Ticket as Souvenir
(DBN)

Judge's fistfight in Wal-Mart leads to suspension
(DBN)

U.S. District pens her third book: a novel about adoption
(DBN)

______________

Wall Street:

Stocks to open lower on global growth fears
(DBN)

US Braces for Worst Earnings Season Since 2009
(DBN)

Markets Everywhere Are Getting Slammed
(DBN)

World stocks down as debt crisis roils Europe, World Bank cuts Asia growth
(DBN)

Stocks end day flat despite strong employment report
(DBN)

U.S. Stocks Snap Two-Week Slump on Economic Reports, ECB
(DBN)

Slick 'Wall Street' guys ousted by $1M geeks
(DBN)

Morgan Stanley CEO: Wall St. Pay Too High --- Bonus round is over
(DBN)

Wall Street Week Ahead: Big-name profit warnings may mean a pullback
(DBN)

Bank Profits Leading S&P 500 as U.S. Earnings Growth Sputters
(DBN)

______________

Layoffs:

The 7.8 percent
(DBN)

Welch: Jobs Numbers Assume 5% Growth—‘Impossible!’ --- Welch’s Tweet and the Jobs Number Conspiracy --- Jack Welch's Obama Conspiracy Theory --- Welch Conspiracy Theory on Jobs Data Not Tied to Reality --- Why Idea of ‘Cooked’ Jobs Report Is ‘Preposterous’: BLS --- What the Jobs Report Really Says About US Economy --- Statistics Don't Lie, But The People Who Publish Them Might --- Romney Undercuts Jobs Numbers, Calls Unemployment 'Inexcusable' --- The Real Reason The Unemployment Rate Has Fallen So Much This Year --- Tuning out the noise on jobless numbers --- Why the unemployment rate won't keep dropping
(DBN)

7.8% Unemployment but Fewer Working
(DBN)

Jobs Report Was Actually Terrible
(DBN)

Work from home soars 41% in 10 years
(DBN)

For many, the road to a job is long, winding
(DBN)

8 Bad Work Habits That Will Kill Your Career
(DBN)

Would you settle for a temp position?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Festivals:

Jukebox Music Festival promoter files for bankruptcy ; $620000 owed
(DBN)

______________

Brokers:

Vision Financial to take control of former Peregrine accounts
(DBN)

MF Global and ConocoPhillips dispute hearing set --- Could This Be a Victory for ConocoPhillips?
(DBN)

______________

Health Care:

Highmark-WPAHS dealings complicated by bankruptcy scenario
(DBN)

Bankruptcy judge approves Gamma Medica financing plan
(DBN)

Romney’s Preexisting Conditions Put 36 Million at Risk
(DBN)

______________

Economy:

Unemployment rate tumbles --- US unemployment below 8 pct, first time since 2009
(DBN)

U.S. Payroll to Population Rate at 45.1% in September
(DBN)

Economic Claims That Challenge Reality
(DBN)

Dollar Drops as Investors Seek Riskier Assets on Growth Outlook
(DBN)

Consumer Credit Blasts Past Expectations --- U.S. Consumer Spending Slows in September
(DBN)

St. Louis Fed president: Consumer debt stalls the recovery
(DBN)

CBO: Deficit Will be Over $1 Trillion Again
(DBN)

How Baby Boomers Destroyed The Economy --- Who Destroyed the Economy? The Case Against the Baby Boomers
(DBN)

30 Years Of US Black Middle Class Economic Gains Have Been Wiped Out
(DBN)

Manufacturing: Still America's Weak Spot
(DBN)

Romney: Where is Obama's economic plan?
(DBN)

Mitt Romney's Trillion Dollar Tax Cut Nobody Talks About
(DBN)

American Dream Not American Reality
(DBN)

Fiscal cliff threatens 277,000 federal jobs
(DBN)

Goldman's Worst-Possible, Black-Sky Scenario For The Fiscal Cliff
(DBN)

12 Economic Claims That Challenge What Everyone Accepts As Truth
(DBN)

The Latest Data Confirms: The US Economy Is Still The Big Engine That Could --- US the Brightest Spot in the World Economy
(DBN)

$4 Gasoline: Get Used to It --- Hate Paying $4 a Gallon for Gas? For Imported, You Actually Pay $8
(DBN)

America's need for more immigrants is the "most important economic issue of our time"
(DBN)

Small business hiring weak for third straight month in September
(DBN)

Shift in Global Growth Engines Signals Gain After Pain
(DBN)

Where Do the Wealthiest Expatriates Live?
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Treatment Under A Plan Of Reorganization: What Does It Take To Discharge A Mortgage?
(DBN)

Judge tosses foreclosure suit by 'living dead' bank IndyMac
(DBN)

Schneiderman must step carefully on JPMorgan lawsuit
(DBN)

Housing still impediment to U.S. growth: Fed officials
(DBN)

Housing regulator seeks input on mortgage financing plan
(DBN)

Housing goes back in time as boomers hit retirement
(DBN)

Calif. hands trial lawyers 'nuclear weapon' to use against mortgage industry: legal expert
(DBN)

New Data Shows HARP Mortgage Refinance Program Is Finally Working
(DBN)

Obama scorecard shows home equity highest since 3Q 2008
(DBN)

Judicial states slowing pace of foreclosures hitting the market
(DBN)

Freddie's REO inventory down 30% from peak levels
(DBN)

Ways to Play a Recovery in Housing
(DBN)

Housing Fever Can Work Both Ways
(DBN)

Ready or Not, Homebuilders Are Back
(DBN)

Shadow Inventory Looms Over New York, New Jersey
(DBN)

Dogs Getting More Attractive Financing Than Houses
(DBN)

One Housing Boom Shows No Signs of Ending
(DBN)

Burdened by Old Mortgages, Banks Are Slow to Lend Now
(DBN)

Homeowners Entitled To Money From Civil Settlement
(DBN)

___________

Municipalities:

Police Union Warns 'War-Like' Detroit Unsafe For Visitors... Hands Out Flyers: 'Enter At Your Own Risk'
(DBN)

The Muni Bond Market, Mired in Its Past
(DBN)

A road map to ruin in Atwater
(DBN)

Kitchener may be headed for bankruptcy
(DBN)

San Bernardino assures city nonprofits bankruptcy filing won't affect funding
(DBN)

Mendocino Coast District Hospital to Declare Chapter 9 Bankruptcy
(DBN)

Pennsylvania lawmakers eye tighter oversight of local debt
(DBN)

10 States Where Public Pension Fight is Fierce
(DBN)

______________

Corporate Governance:

On Corporate Boards, Do Women and Men Think Differently?
(DBN)

Notice to Lawyers Filing Suit in Delaware’s Court of Chancery: Bring Your “A” Game
(DBN)

______________

Oil/Gas:

Gas Prices Rise Again Overnight in California
(DBN - NY Times - Paywall Limit Possible)

______________

Lehman:

Lehman's accord to expedite claims by creditors
(DBN)

Lehman brokerage settles $38 billion in European affiliate claims
(DBN)

Lehman administrators settle on $12.6bn claim from US arm
(DBN)

Lehman Claims Update: LBI and LBIE Announce Agreement in Principle to Resolve All Claims
(DBN)

______________

Consultants:

Evercore Hires Restructuring Banker Goldstein From Lazard
(DBN)

______________

Awards:

Weil Ranked Among the “Most Innovative Firms in Finance Law”
(DBN)

______________

Retailing:

Layaway Fees Waived
(DBN)

Walmart Is Much Cheaper Than CVS And Walgreens
(DBN)

______________

Golf:

Court approves EMCC's purchase of Country Club
(DBN)

______________

Glass

Vitro Asks Court to Compel Barred Mexican Bankruptcy Plan
(DBN)

______________

Corporate Reform:

Are corporate counsel 'targets' for prosecutors?
(DBN)

Wall Street Regulator Ramps Up Enforcement
(DBN)

______________

Food/Beverage:

Alpine Slicing & Cheese Conversion Co. Files For Bankruptcy
(DBN)

______________

Mass Torts:

UGL considering $11.75 million trust fund for asbestos claims
(DBN)

______________

Fraud:

Medicare fraud case: 91 professionals arrested
(DBN)

$1 million Rothstein diamond reported stolen
(DBN)

Uncle details Scott Rothstein's days in Morocco
(DBN)

New document peeks into Madoff's 'house of cards'
(DBN)

______________

Banking:

Oregon, WMI at odds on $29.4 million tax issue
(DBN)

______________

Celebs:

Bankruptcy Really Socks it to Schilling
(DBN)

The Broke and the Beautiful: Going Broke Edition
(DBN)

Athletes make more than ever, yet still go broke
(DBN)

Bow Wow owes $280K on Ferrari lease
(DBN)

Warren Sapp -- I'm Buying Back My Stuff!
(DBN)

Bankrupt Arkansas coach deferred 71% of total pay
(DBN)

______________

Tobacco:

Plan to get Renegade out of bankruptcy gets mixed reviews
(DBN)

______________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (24 new filings today)
(DBN)

Bankruptcy Code - Prior BK Code s - 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)

______________

Jurisdiction:

Stern Clouds Lift, Bankruptcy Judges Say
(DBN)

______________

Professional Compensation:

Attorneys rewarded for Sunwest work - "These results are nothing short of astonishing and border on the miraculous"
(DBN)

______________

Cross-Border:

Proposed Guidelines for Coordination of Multi-National Enterprise Group Insolvencies
(DBN)

_____________

Litigation:

Picking Your Font for Legal Briefs
(DBN)

Samsung: Apple jury foreman lied to get revenge?
(DBN)

______________

IP:

Your right to resell your own stuff is in peril
(DBN)

______________

PSA:

Support Team Weil in Stomping-Out Domestic Violence
(DBN)

______________

Aviation:

AMR pilots seek time for appeal
(DBN)

Tulsa American Airlines plant to lay off 450
(DBN)

American Airlines blames loose seats on spilled soda and coffee --- Says seats fixed on most 757s needing repair
(DBN)

A broken-down airline for a broken-down nation
(DBN)

Southern Air's move to CVG uncertain
(DBN)

New laws may help avert Kingfisher-like crisis
(DBN)

Kingfisher's bankrupt but CEO is second-highest paid airline executive
(DBN)

______________

Personal Finance:

21 Surprising Things You Can Get For Free
(DBN)

______________

Horse Racing:

Prescott Valley horse track closer to being sold
(DBN)

______________

Politics:

Romney's Environmental Goals Would Face a Difficult Path
(DBN)

Ten Of The Worst Excuses For Obama's Performance At The First Debate --- The New Yorker's Brutal Cover On The Presidential Debate
(DBN)

Regarding Dodd-Frank, Some Say Romney's 'Kiss' Just Isn't a Kiss
(DBN)

______________

Hollywood:

Digital Domain bankruptcy hearing delayed
(DBN)

______________

Telecoms:

Broadview to exit bankruptcy this month
(DBN)

______________

Livestock:

Cattle farmers get mediation in Eastern Livestock bankruptcy
(DBN)

______________

Education:

Texas college seeks permission to sell property
(DBN)

______________

Rail:

Obama’s Dream Is Abe Lincoln’s Train, Not Amtrak
(DBN)

______________

Student Debt:

Student loans, backed by government, crushing families
(DBN)

How the Gov't Is Saddling Parents with College Loans They Can't Afford
(DBN)

Bursting our next bubble: The expanding student loan debt crisis
(DBN)

Are student loans the new subprime mortgages?
(DBN)

______________

Small Business:

What Kills Small Businesses? Let's Ask Them
(DBN)

______________

Hotels:

Indianapolis: Creditor could take ownership of downtown Comfort Suites
(DBN)

______________

Autos:

Big Banks Line Up for General Motors' Business
(DBN)

Inside Mourdock's Chrysler battle
(DBN)

Chrysler drives off with $2.5M refund from Duke Energy
(DBN)

The Fall of Janesville After GM
(DBN)

GM Will Keep Opel After Fiat Shows Interest
(DBN)

______________

Hedge Funds:

An interview with the world's youngest, most charmingly oblivious hedge fund
(DBN)

Hedge funds love affair with leverage still on hiatus, for now
(DBN)

Some Hedge Funds Only Seem Like Pirates—This One Actually Stole a Ship
(DBN)

______________

Private Equity:

When will PE firms exit from all their "golden age" buyouts?
(DBN)

______________

Sovereigns:

Repo Man Envy, Argentina-Elliott Edition
(DBN)

Hedgie Paul Singer has been on a years-long, worldwide hunt for Argentine assets
(DBN)

______________

UK:

Non-UK borrowers and issues of security, COMI, administrators and receivers
(DBN)

UK govt. schemes threaten charities into bankruptcy
(DBN)

Time for ministers to show gumption and stand up to the banks
(DBN)

______________

EU:

Old Grievances Resurface in Europe’s Debt Crisis
(DBN)

Europe Finance Ministers Meet Amid Spanish Woes
(DBN)

Democracy Will be Austerity's Undoing in EU
(DBN)

Euro Zone's Bazooka Has Surprisingly Few Bullets
(DBN)

______________

PIIGS:

Spain Austerity Protests Bring Thousands To Madrid --- Spanish prime minister refuses to seek bailout --- The Dismal Truth About Spain's Desperate Economic Situation --- Linklaters and Uría take jobs as bankrupt Schlecker sells Iberian units --- Depositors Turn Up Heat on Spanish Banks
(DBN)

Irish property developer Treasury Holdings to be wound up--- ie: Walkers expands insolvency practice reach with hires from Mayer Brown, Proskauer
(DBN)

Greece's Coalition Government, Troika Pause on Budget Talks --- Greece to Collapse in November
(DBN)

______________

MENA:

Behind Iran's currency crash --- The Real Story
(DBN)

______________

Russia:

Putin Makes A Machiavellian Bet On Old People
(DBN)

______________

China:

China's demographic perfect storm and robots
(DBN)

______________

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Copyright 2012