September 17, 2012

The Daily Bankruptcy News

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Law:

2012 Law Firm Performance 'Not Stellar,' Outlook 'Grim'
(DBN)

Nearly a Third of Surveyed Lawyers Anticipate Hiring in Fourth Quarter
(DBN)

The 10 Worst Law Firms To Work For
(DBN)

Dewey Docket: Filing Frenzy Before Hearing on ‘Clawback’ Plan --- Citibank disputes it hid Dewey's financial woes from ex-partners --- Citi to Former Dewey Partner: It Wasn't Our Job to Warn You of Firm's Impending Demise
(DBN)

Clifford Chance restructuring chief Hyde set for Hong Kong transfer
(DBN)

Salans, SNR Denton push back merger vote
(DBN)

A&O increases bank loan facilities
(DBN)

Baker Botts installs new London boss ahead of growth campaign
(DBN)

Writing for Partners
(DBN)

Law Firms Have Added $30K to Big-Bucks Bonuses for Supreme Court Clerks
(DBN)

Herbert Smith set for fee windfall from six-partner Chadbourne team hire
(DBN)

The 10 Most Important Law Professors In America
(DBN)

Law School Transparency: Sunday papers --- Polar bears
(DBN)

Law School Debt: The Most Unfortunate Comment Award
(DBN)

Law schools seek the cure for stressed-out students
(DBN)

Man, Do We Have A Law School Secret Society For You
(DBN)

Teresa Sullivan's Ordeal at U of Virginia: Horror at lack of due process
(DBN)

This Was Pretty Much the Most Unhelpful Recommendation Letter Imaginable
(DBN)

Jobless with a J.D.
(DBN)

Making law grads marketable
(DBN)

A Government Job for 3Ls — But Applications Are Due ASAP! (And job opportunities for experienced attorneys too.)
(DBN)

Is Your Job Killing Your Sex Life?
(DBN)

US Attorneys’ Offices with the Most Corruption Convictions
(DBN)

ABA Business Law Section's Corporate Counsel Checklist for Executive Protection
(DBN)

Freshfields Breaks Lockstep in Asia to Stave Off US Firms' Advances
(DBN)

The Inevitable Cloud
(DBN)

Law librarianship in the new economic climate
(DBN)

Police Say DUI Lawyer Crashed Lexus, Took Off Running, Was Tackled by Bystander; Now Faces DUI Case
(DBN)

Former cop convicted in 55-year-old murder, longest cold case in history
(DBN)

The Best New iPhone And iPad Apps Of The Week --- 8 Things The iPhone 5 Still Can't Do --- Why Apple Went With That Tiny New Connector
(DBN)

Ninth Circuit: Deporting Witnesses Is Not OK
(DBN)

Cops: Woman Has Husband Shoot Her To Avoid Air Force Deployment
(DBN)

Woman’s ‘Like’ of Sheriff’s Facebook Page Points Deputies to Photos of Wanted Man On Her Own Page
(DBN)

Man Blames UPS for Loss of Pricey Rings
(DBN)

Zombie apocalypse continues
(DBN)

Police Chief, Illuminati Behind Theater Shooting, Says Bizarre Court Filing
(DBN)

Missing woman found alive in her freezer
(DBN)

Woman Wins $13 Million For Scary Elevator Ride
(DBN)

Say What?!
(DBN)

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Judges:

Book review: The Oath: The Obama White House and the Supreme Court by Jeffrey Toobin
(DBN)

Thomas discusses equality, Supreme Court dynamics
(DBN)

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Wall Street:

Stock index futures signal lower Wall Street open
(DBN)

Historic SEC Order Slams NYSE For Data Violations
(DBN)

Guinness World Records: 'Youngest Investment Banker'
(DBN)

SEC May Extend Planned Rule to Brokers, Shillman Says
(DBN)

Thanks, Goldman, for Giving My Peers Their Lives Back
(DBN)

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Layoffs:

US Unemployment Rate Is Really at 16%, Says Expert
(DBN)

The case for outsourcing jobs
(DBN)

Why wages aren't rising
(DBN)

Positive Sign for Jobs From Sentiment Survey
(DBN)

CFOs: Hiring, Spending Plans Weaken
(DBN)

No Such Thing As Job Security
(DBN)

Here's How Americans' Paychecks Have Changed In The Biggest Cities
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Aggressive start for consumer bureau
(DBN)

U.S. official defends use of deferred-prosecution deals
(DBN)

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IP:

Kodak postpones bankruptcy auction on patents --- Adjourns hearing on patent sale indefinitely, explores alternatives --- After 6 weeks of trying, Kodak may abandon effort to sell patents --- Consulting With Creditors About Retaining Patents
(DBN)

Kodak mulls alternatives to patents auction, may form licensing company
(DBN)

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Hollywood:

Hollywood's Digital Domain reaches funding agreement with lenders
(DBN)

Frankel to give Digital Domain’s $20,000 in campaign contributions to charity
(DBN)

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Gas Stations:

Phillips 66 stations suffering
(DBN)

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Municipalities:

Stockton: Pensions v. Bonds
(DBN)

Fire cuts, other bankruptcy items on tap Monday for San Bernardino City Council
(DBN)

GA: Some school systems fear bankruptcy because of state cuts
(DBN)

In 1991, bankruptcy was best for Bridgeport
(DBN)

JeffCo bankruptcy plan deadline delayed
(DBN)

Chicago Teachers, City Reach Tentative Deal
(DBN)

Cities' Revenue Keeps Shrinking
(DBN)

The 20 Most Expensive Cities On The Planet
(DBN)

States that have lost the most jobs to China
(DBN)

Cities with the most homes in foreclosure
(DBN)

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Fraud:

Finger-Pointing at the SEC: Whose Fault Is It That Ponzi Schemes Thrive?
(DBN)

UBS Trader One Deal Short of Destroying Bank --- The Email That Caused Panic At UBS
(DBN)

Ex-Lawyer Steven Lippman Gets 3 Years, Says Ex-Partner Scott Rothstein ‘Played Me Like a Fool’
(DBN)

Kim Rothstein: Before and After.
(DBN)

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Manufacturing:

Henry Vogt Machine files Chap. 11
(DBN)

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Broker:

Peregrine Founder Won't Have to Name Names in Plea Deal
(DBN)

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Finance:

US structured-finance volume jumps - but so does risk
(DBN)

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Politics:

Elizabeth Warren's First Negative Ad Corrupts Beloved Boxing Coach
(DBN)

The States With The Highest And Lowest Voter Turnout
(DBN)

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Economy:

Factory output plunges, gas costs boost inflation, retail sales --- Industrial Production Fell 1.2 Percent
(DBN)

US Earnings Outlook Dims as Global Economy Slows
(DBN)

Fed Move Echoes World-Wide --- How Quantitative Easing Works --- How Much Does the Fedýs Plan Really Help Main Street?
(DBN)

Fed Committed to High Food, Gas Costs
(DBN)

Fed decision increases risk of loss in bond investments
(DBN)

Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds
(DBN)

Majority in U.S. Still Say Government Doing Too Much
(DBN)

White House Details $100bn in Sequestration Cuts --- The sequester cuts in one graph --- Why the big, dumb spending cuts that no one wants might actually happen
(DBN)

Consumer Sentiment Reaches Four-Month High
(DBN)

Top 20% of Earners Take Home 51% of All Income
(DBN)

Conservatives: Bernanke trying to help Obama
(DBN)

Oil Rises to $100 for First Time in Four Months on Fed
(DBN)

Dollar Slumps To Four Month Lows
(DBN)

10 Countries Hoarding Massive Amounts Of Gold
(DBN)

Report: Tax Cuts for Wealthy Linked to Income Inequality
(DBN)

Billionaires Are Getting Richer, While Millionaires Are Getting Poorer
(DBN)

AIG Funds Land in Treasury’s Bank Account
(DBN)

Better Off Than Four Years Ago? — The Lehman Edition
(DBN)

Romney: 'Middle Income Is $200,000 To $250,000 And Less' --- Is $250,000 a Year Really 'Middle-Income'? --- What is the middle class? --- Case Against More Job Security? It’s Academic
(DBN)

What Does Moody's Mean If It Downgrades U.S. Debt?
(DBN)

Did the Government Profit From AIG? That's the Wrong Question
(DBN)

Bacon as Currency: What Will It Buy You?
(DBN)

How much did the financial crisis cost us? $12.8 trillion, one group says
(DBN)

Cheer Up! 21 Good News Trends You Don’t Know About
(DBN)

College’s payoff is declining — unless you have financial aid
(DBN)

America’s Fourth-Richest Woman Unveiled With Koch Stake
(DBN)

For Some Nations, 2012 Worse Than 2008 Recession
(DBN)

US Debt Clock
(DBN)

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Real Estate:

State court ruling deals blow to bank mortgage system
(DBN)

Homebuilding Probably Climbed With Sales in August
(DBN)

Life After Bankruptcy
(DBN)

Obama's housing scorecard
(DBN)

GSEs ease mortgage buyback rules on HARP
(DBN)

QE3 may nudge more home sales to investors --- Fed Move Aims to Fire Up Housing Market --- Stocks, more than housing, seen as initial QE3 winners --- QE3 will help a little but, but we "need more than a little bit of help"
(DBN)

10 states where homeowners are deep underwater
(DBN)

New York Homebuyers Face Risk of Fannie Rate Penalty
(DBN)

Mortgage Buybacks to Cost $3.4 Billion from Freddie Mac
(DBN)

New appraisal rules to help consumers
(DBN)

Consumer Bureau Chief: We Don't Want To 'Freeze' Mortgage Lending
(DBN)

Bank challenges Bremerton developer's bankruptcy
(DBN)

How To Research A Neighborhood
(DBN)

The Road to Retirement
(DBN)

Retirees head to unconventional destinations
(DBN)

Fitch: CMBS delinquency rate dips for fourth straight month
(DBN)

____________

Awards:

Turnarounds & Workouts Recognizes Weil’s European Restructuring Practice
(DBN)

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Banking:

U.S. Banks Subject of Money-Laundering Probe: Report
(DBN)

Who are the unbanked?
(DBN)

Now would be a really great time for banks to finally recognize their massive hidden losses
(DBN)

Why we can’t simplify bank regulation
(DBN)

PNC called on carpet by bankrptcy judge
(DBN)

Embattled Citizen's Corp. financier Ed Lowery to go on offense against Legends Bank
(DBN)

FDIC’s Hoenig Wants Simpler Rules Than Basel III
(DBN)

Truman Bank, St. Louis, Mo, Closed By Regulators
(DBN)

Unofficial Problem Bank list declines to 886 Institutions
(DBN)

U.S. Banks Ignore Europe’s Lesson on Greed
(DBN)

______________

Coal:

Patriot Coal to Cut 170,000 Tons of Steelmaking Coal Production --- Met coal output due to weak demand
(DBN)

Disabled miner shares concerns over Patriot Coal Corp. bankruptcy
(DBN)

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Food/Beverage:

Hostess Teamsters Vote To Accept Company's Final Offer
(DBN)

Hostess's Second-Largest Union Rejects Labor Deal
(DBN)

Another hearing on Wolfgang sale set for Tuesday
(DBN)

The World's Most Expensive Meals
(DBN)

______________

Art:

Solyndra survives -- as art!
(DBN)

______________

Lehman:

Lehman Brokerage Payout Call Gets Louder After Four Years
(DBN)

OfficeMax Gets Nod To Extinguish Secured Liability On Lehman-Backed Notes
(DBN)

______________

Aviation:

AMR Faces Pilots' Appeal Over Contract Rejection Ruling
(DBN)

Union leader says AA pilots angry over work rules
(DBN)

Sorry, AA fleet service clerks
(DBN)

American Airline's Bankruptcy Forcing Employees to Leave
(DBN)

Pinnacle Airlines seeks relief on union contracts
(DBN)

Judge OKs request to consolidate Hawker pension claims
(DBN)

______________

Alternative Energy:

Bankruptcy court approves $10M for Valence
(DBN)

U.S. House Republicans pass "No More Solyndras" bill
(DBN)

House Republican Dissents on Solyndra Bill
(DBN)

______________

Health Care:

How a Small, Bankrupt Community Hospital Created a "Superior" Stroke Center
(DBN)

Hospitals, Providers to Lose $11.1B From Medicare Sequestration Cuts
(DBN)

Most Uninsured Americans Would Rather Be Sick Than Fill Prescriptions
(DBN)

The good news from a bad Census report: Obamacare is working
(DBN)

Hospital Debt Collection Harsh Tactics Broke Laws, Report Says
(DBN)

______________

Private Equity:

Private equity firms may have to reveal more in collusion case
(DBN)

______________

Protests:

1 year on, Occupy is in disarray; spirit lives on
(DBN)

'Occupy' To Hit 40 'Corporate Targets' For Anniversary Protests... Disguised In 'Business Attire'
(DBN)

______________

Tax:

US and UK sign anti-tax dodge agreement
(DBN)

Vanishing secrecy has Swiss banks seeking new model --- Hundreds Of Billions Of Dollars Expected To Be Withdrawn From Swiss Banks
(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 (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (21 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 Week Ahead
(DBN)

Rochelle on Digital Domain, AMR Investors, Rent Control: Audio
(DBN)

Madoff, Kodak, Journal Register, Lehman, H&M
(DBN)

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Bankruptcy Statistics:

Bankruptcies on the rise in Orange County
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Claims Trading:

Awaiting 2nd Circ. Spin on Bankruptcy Claims Trading
(DBN)

______________

DIP Finance:

Bankruptcy Court Holds Mechanic's Liens Trump DIP Liens
(DBN)

______________

Insurance:

Delaware Supreme Court: Insured's Payment of Defense Expenses Does Not Trigger Excess Insurer's Payment Obligations
(DBN)

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Litiation:

Top 10 Worst States for Lawsuits: Study
(DBN)

______________

Hotels:

Three years after his $8B bet on Extended Stay landed the chain in bankruptcy, David Lichtenstein wants his reputation back
(DBN)

The Coolest Clifftop Hotels Around The World
(DBN)

______________

Horse Racing:

The Thoroughbred Times shuts down
(DBN)

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Consumer Debt:

Banks giving risky loans to strapped consumers
(DBN)

______________

Celebs:

The Broke and the Beautiful: Digital Domain Edition
(DBN)

Federal judge warns former NU coach about testing courts' patience
(DBN)

What It's Really Like To Date A Model
(DBN)

Octomom uses "Home Alone" money to pay for home
(DBN)

22 TV Stars With Absurdly Large Paychecks
(DBN)

_____________

Debt Collection:

DAs Allowing Debt Collectors to Use Their Letterhead, Split Fees from Shakedown
(DBN)

______________

Photography:

Kodak's Future Looking Dim
(DBN)

______________

Autos:

Auto bailout driving Ohio vote
(DBN)

Bond Rating Service Upgrades GM
(DBN)

______________

Student Debt:

How Politicians’ Promises Are Blowing Up The Next Big Bubble
(DBN)

Attorney: Student Debt Crisis Could Spur New Lawsuits
(DBN)

Actually You CAN Escape Student Loans Through Bankruptcy
(DBN)

Answering Questions on Student Loan Rates and the Murky Future
(DBN)

Cheaper Student Loans. Who Knew?
(DBN)

Obama's college tuition plans face tough fight
(DBN)

______________

Accounting:

PwC partners see profits fall
(DBN)

______________

Religion:

$4.1 million for Jersey Shore church villa
(DBN)

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Mass Torts:

Scouts covered up hundreds of child molestation cases
(DBN)

______________

Paper:

Catalyst Paper Announces Completion of Reorganization
(DBN)

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Sovereigns:

Sovereign Debt Default Risk Plummets
(DBN)

______________

UK:

Insolvency rate varies across UK
(DBN)

Bond exit consents: No way out?
(DBN)

______________

EU:

ECB Rally Sputters as Leaders Fail to Act on Spain, Greece
(DBN)

Movement To Tax Church Properties Gains Momentum
(DBN)

EU Bank Plan Hits Speed Bump
(DBN)

European Lenders Hooked on Central Bank Cash
(DBN)

Draghi Euro Humbles Thought Leaders Seeing End of Union
(DBN)

Will Germans Pick Up the Tab for Deutsche Bank, Too?
(DBN)

Cyprus expects agreement on euro zone bailout within weeks
(DBN)

______________

PIIGS:

Greece needs two-year extension --- German lawmaker: no majority for 3rd Greek bailout --- Greece Reaps Euro Goodwill in Break From Past Crisis Scoldings --- Troika postpones decision
(DBN)

Portuguese and Spanish march as anger over tax hikes grows
(DBN)

EuroGroup to discuss Spanish bailout
(DBN)

Two Spanish road operators enter administration
(DBN)

Deloitte director Lorcan O'Connor to head Ireland's insolvency service --- Diamonds are forever, or until debt-chasers grab 'em
(DBN)

______________

Canada:

Toronto woman charged with fraud relating to the bankruptcy process
(DBN)

______________

France:

A Referendum In France Could Blow The Whole Fiscal Union Apart
(DBN)

______________

China:

OECD leading indicator: China is still slowing, but at a slower pace
(DBN)

______________

MENA:

US And Britain Sending Warships To Persian Gulf To Prepare For Israel Strike On Iran?
(DBN)

Libyans Blame Al Qaeda In Attack
(DBN)

YouTube Won't Pull Video Inciting Protests
(DBN)

______________

Brazil:

Brazil shuts 2 mid-sized banks, raises oversight doubts
(DBN)

______________

Japan:

Japanese court delays decision on Elpida restructuring plans
(DBN)

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Copyright 2012