September 21, 2012

The Daily Bankruptcy News

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Law:

Dewey Docket: Free Legal Advice From Former Bankruptcy Head --- 'Clawback' Plan Filing Shows Who Will Pay (And How Much)--- Retired Dewey Partners Press Estate on Hasty Settlement Process --- Question legitimacy of settlement
(DBN)

Dallas-Houston: World-Class Cities – Weil: A Global Law Firm
(DBN)

Feinberg, Skadden, Cooley, A&O, Kirkland: Business of Law
(DBN)

Partners Streaming Out Of The K&L Gates?
(DBN)

Nearly One-Third Of Lawyers Plan To Hire In Fourth Quarter
(DBN)

Growth is Dead: Part 4
(DBN)

The $160,000 starting salary at large firms falling out of favor --- Drop in the Big Law Median Salary is only Half the Story --- New York to $190K? Keep Dreaming! New NALP Report Says Salaries Have Slumped
(DBN)

It's Not Always Sunny in Philadelphia
(DBN)

Firm said to have suspended lawyers for "email misuse"
(DBN)

Bankruptcy attorney pleads not guilty in tax evasion case
(DBN)

The Great Non-Deferral of 2012
(DBN)

Another View of Procurement's Role
(DBN)

Catholic Restructuring Professionals Form Charity
(DBN)

For Cleary Associates, a Crash Course in Business
(DBN)

Which Country Has the Highest Paid Lawyers?
(DBN)

BigLaw partners are pulling in this huge income while the legal industry suffers
(DBN)

New York to $190K? Keep Dreaming! New NALP Report Says Median Associate Salaries Have Slumped
(DBN)

How To Drive Outside Counsel Nuts!
(DBN)

Obama Exposed: Middling Popularity as a Professor
(DBN)

Lawyer who slapped Paul Hastings partner loses case against firm
(DBN)

Deal lawyers deserve rewards for sound judgment
(DBN)

Connolly Bove to Merge With Houston's Novak Druce & Quigg
(DBN)

From Biglaw to Boutique: Keeping It Real
(DBN)

MoFo appoints firmwide managing partner trio
(DBN)

Law School Transparency: When the levee breaks
(DBN)

Greenberg Traurig pursues settlements with NFL players
(DBN)

Louisiana Law School Loses Dean Before Grand Opening
(DBN)

Appeals Court Says It Was OK For Wal-Mart To Fire Cancer Patient For Smoking Prescribed Pot
(DBN)

Colorado Shooting Suspect Ditches His Bright-Orange Hair
(DBN)

To Settle Sandusky Claims, Penn State Taps Ken Feinberg, Sept. 11 and Oil Spill Compensation Veteran
(DBN)

Abandon The Wedding Ship — And Then Set Fire to the Lifeboats!
(DBN)

7 Celebrities Who Inspired New Laws
(DBN)

Jury Deadlocks in Murder Trial of Lawyer’s Widow; She Says He Shot Himself in His Law Office
(DBN)

‘Huge’ Number of Lawyers Accused In Civil and Criminal Mortgage-Related Fraud Cases
(DBN)

Man awarded $7.2 million for injuries suffered while eating popcorn
(DBN)

A Really Petty Crime, Except For That Gun Thing
(DBN)

‘Innocence of Muslims’ Actress Files Suit Against Filmmaker and Google
(DBN)

Say What?!
(DBN)

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Judges:

Text of Judge Posner's response to Justice Scalia
(DBN)

"They're starting to get to the age where, you know, you don't know exactly when your term is up, as they say"
(DBN)

Pro Se Ex-Judge Blames Jailed Ex-Colleague for 17.5-Year Prison Term in Kids-for-Cash Case
(DBN)

Live streaming project tests boundaries of public access to court proceedings
(DBN)

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Wall Street:

Stock futures signal gains; Apple eyed
(DBN)

Dow Ends in the Black
(DBN)

Lloyd Blankfein’s ‘socialist’ moment
(DBN)

Hilarious Timeline Of A First-Year Analyst's Life On Wall Street
(DBN)

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Layoffs:

10 States With High Employment Rates
(DBN)

How US states fared on jobless aid applications
(DBN)

This Graph Shows Just How Badly Millennial Salaries Have Taken A Nose Dive
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Madoff Trustee Distributes Additional $2.4 Billion to Victims
(DBN)

Madoff fraud 'failed to give investors a lesson'
(DBN)

Is SIPC Doing Enough for Scam Victims?
(DBN)

Enron 'alums': Where are they now?
(DBN)

JR Dunn settles with RRA trustee
(DBN)

Fore! Insider Trading Comes To Light After SEC Approaches Golfer
(DBN)

Woman sentenced in $100M Ponzi scheme
(DBN)

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Aviation:

Flight attendant spat causes four-hour delay on American Eagle
(DBN)

Here’s the early-out numbers we have for American Airlines, so far
(DBN)

American Airlines pilots union denies job action --- Union says sick leave numbers show that pilots aren’t calling in sick in elevated numbers --- Don't blame the pilots: APA says American flight cutbacks due to management actions --- American and pilots clash on late flights --- American Airlines Pilots To Picket At O'Hare --- Tension rises as American Airlines has to cancel more flights --- Pilot protest a blast from the past
(DBN)

American Airlines Apologizes To Customers
(DBN)

Should you avoid booking flights on AA?
(DBN)

Cancellations give fliers pause
(DBN)

American Airlines Is in Shambles, Says Pretty Much Everyone --- Here are the two versions of why American Airlines isn't working well
(DBN)

AMR Cleared to Cover Bondholder Group's Expenses --- Can Pay Fees of Creditors That May Provide Financing
(DBN)

Some American Airlines mechanics shopping for a union
(DBN)

Case study: American Airlines
(DBN)

Air France head says no need to toughen restructuring plan
(DBN)

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Municipalities:

Mayor out, Central Falls, RI, Looks to Start Anew
(DBN)

U.S. Census State Disparities
(DBN)

The Cities With the Worst Credit Scores
(DBN)

California Debt Higher Than Earlier Estimates, a Task Force Reports
(DBN)

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Brokers:

Peregrine Financial customers to get back some frozen funds --- Investors in failed Peregrine to get first payout Oct. 8
(DBN)

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Economy:

Household Worth in US Fell in Second Quarter as Stocks Dropped
(DBN)

Philadelphia Fed Factory Index Rises
(DBN)

Philly Manufacturing Shrinks Again
(DBN)

Three Bailout Kingpins Make Good in the Private Sector
(DBN)

Sheila Bair: Maybe we kinda overdid that whole massive financial system bailout
(DBN)

Household Debt in Highest Rise Since 2008
(DBN)

Census data shows slow crawl to recovery but poverty levels remain high
(DBN)

Charts: Rise Of Government Dependence
(DBN)

The Fiscal Cliff, In Three And A Half Graphics
(DBN)

Forceful QE3 needed to aid economy: Fed's Rosengren
(DBN)

Fisher: Slow Economy is Anybody's Guess
(DBN)

A Federal Reserve Governor Announced A Surprising Change-Of-Mind About How He Sees The Economy
(DBN)

Clouds Darken Over Global Economy
(DBN)

You’re Not the Only One Living With Your Parents
(DBN)

Do Personal Income Tax Cuts Spur Growth? No
(DBN)

Bob Rubin’s legacy
(DBN)

US Debt Clock
(DBN)

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Real Estate:

US mortgage rates fall to record lows-Freddie Mac
(DBN)

Fed's Q2 Flow of Funds: Household Mortgage Debt down $1 Trillion from Peak
(DBN)

Will Regulators Halt Eminent Domain Loan Seizures?
(DBN)

Go West for Fast-Selling Homes
(DBN)

Mortgage servicers face CFPB corrective action
(DBN)

HUD may have paid more than $1B in false claims
(DBN)

Cordray downplays importance of safe harbor on QM
(DBN)

MERS lawsuit shapes precedent in Washington state
(DBN)

Housing Recovery Nuanced at the Local Level
(DBN)

KB Home returns to profit, orders improve
(DBN)

Franklin Raines: Case Dismissed
(DBN)

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Banking:

Bank of America CEO just can't win
(DBN)

Banks' Risky Ways
(DBN)

A Bank Zombie Lurks in Little Saigon
(DBN)

Regulators Try to Beat Clock in Rate Probe
(DBN)

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Tax:

Is SIPC Doing Enough for Scam Victims?
(DBN)

Senate Committee Questions Overseas Tax Schemes
(DBN)

The Downside Of Tax Havens? Paperwork.
(DBN)

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Coal:

Born to fail? Patriot's short road to bankruptcy
(DBN)

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Golf:

EMCC is lone bidder for Columbus Country Club
(DBN)

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Education:

SF City College "is facing profound challenges," Spokesperson Admits
(DBN)

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Private Equity:

Private Equity and the 47 Percent
(DBN)

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Awards:

Hogan Lovells' Associate Shortlisted for 2012 Rising Star Award by The International Women's Insolvency and Restructuring Confederation
(DBN)

Richard E. Mikels Named Best Lawyers’ Boston Litigation-Bankruptcy “Lawyer of the Year”
(DBN)

ILTA Names Morrison & Foerster Most Innovative Law Firm
(DBN)

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Lehman:

JPMorgan Haunted by Ghost of Lehman Past
(DBN)

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Defaults:

Defaults fall to low level but signs of stress mount
(DBN)

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Ice:

Reddy Ice reaches deal with ice buyers following anti-trust probe
(DBN)

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Education:

The 50 Most Expensive Private High Schools In America
(DBN)

_____________

Small Business:

Surviving the Downturn: 5 Tips for Small Businesses
(DBN)

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Pensions:

Financial Support Directions and Insolvency: The Pensions Regulator's View
(DBN)

______________

Debt Collection:

That Credit Card Debt Might Land You In The Big House
(DBN)

______________

Corporate Reform:

A Sense of Déjà Vu in Latest Hill Appearance of CFPB Chief
(DBN)

No Harbor Is Safe
(DBN)

Republican state AGs refuse to sign CFPB’s cooperation pact
(DBN)

UBS whistleblower may be ineligible to receive reward because of Dodd-Frank
(DBN)

A $447 Million Consumer Alert
(DBN)

______________

Celebs:

US judge sides with Mirage in BB King's bankruptcy case
(DBN)

______________

Telecoms:

FCC Says It Wasn't Aware of Interference Posed by LightSquared
(DBN)

Broadview Networks secures a $25m bankruptcy -exit loan
(DBN)

______________

Lehman:

Welcome to Lehman Brothers. We're Open for Business
(DBN)

Lehman Unit Liable for Failed CDOs Sold in Australia
(DBN)

Councils, churches recoup $248m in Lehman Brothers result
(DBN)

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Resorts:

Fontainebleau flirted with bankruptcy after opening
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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)

______________

Miscellaneous:

Rochelle on Protection in Claims Trading; AmTrust-FDIC: Audio
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Bonuses:

Blitz Bonus: Court Approves Bonus Plan with Payments to Insiders
(DBN)

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Mootness:

Second Circuit Adopts Abuse of Discretion Standard of Review for Equitable Mootness Decisions
(DBN)

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Finance:

Cheap Loans Could Spell Long-Term Bankruptcy Headaches
(DBN)

Are Lev Fin Bankers Trying To Create Work For Their Restructuring Friends?
(DBN)

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Automatic Stay:

Willful Stay Violations Not Always Compensable
(DBN)

______________

Guarantors:

Guarantors May Be Liable for a Borrower's Insolvency Even if the Loan Is "Non-Recourse"
(DBN)

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Litigation:

7 Reasons Why E-Discovery May be Headed to the High Court
(DBN)

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Autos:

Former GM CEO urges US Treasury to sell stake in automaker
(DBN)

______________

Furniture:

Deal clears way for Mattress Discounters sale
(DBN)

______________

Politics:

Brown Opens Lead Over Warren
(DBN)

Harry Reid Is Forcing Scott Brown To Debate Elizabeth Warren
(DBN)

Elizabeth Warren slammed again for claiming to be Native American
(DBN)

A bipartisan foul: 'Medicare is going broke'
(DBN)

These Are The Only Five Swing States That Matter In The Presidential Race
(DBN)

_____________

Food/Beverage:

Hostess: Impose deal on union, or liquidation is only option --- BCTGM Members Reject Hostess Proposal By Over Ninety Percent
(DBN)

Company satisfies PACA order; remains unlicensed
(DBN)

'Very good' bid entered for USA Springs
(DBN)

______________

IP:

Trademarks And Bankruptcy: Seventh Circuit Provides Lifeline For Trademark Licensees Confronting Licensor Bankruptcy
(DBN)

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Newspapers:

Journal Register likely to reduce print to three days a week
(DBN)

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Hollywood:

Digital Domain heads for auction as first suit filed --- Digital Domain May See Six Bidders, Attorney Says
(DBN)

City bans officials from speaking about Digital Domain meeting
(DBN)

Judge Set to Toss David Bergstein Suit Against Hollywood Law Firms (Exclusive)
(DBN)

______________

UK:

Barclays To Be Investigated Over Claim They Misused Loan Scheme
(DBN)

______________

EU:

Boom in going bust fails to arrive - yet
(DBN)

Pension funds should be given 'priority' after employer insolvency
(DBN)

The slow bank run that could still doom Europe
(DBN)

______________

PIIGS:

Fight Looms Over Greece Bailout Plan --- Commerzbank CEO sees further Greek debt haircut --- Greek Leaders Struggle With Spending Reductions --- Greece hopes to finalize negotiations on fresh austerity deal with international lenders --- IMF reaches limit for loans to Greece, says Greek representative
(DBN)

Spain Nears Bailout - But What's Different This Time? --- Spain eyes pension reform with aid package in sight
(DBN)

ie: ECB seeks lower insolvency threshold
(DBN)

Italy, Greece insist on safeguarding eurozone
(DBN)

______________

Canada:

Senior insolvency practitioner joins Borden Ladner
(DBN)

Lifting the stay – is the "doomed to fail" argument doomed to fail?
(DBN)

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France:

Clifford Chance takes lead role on bank bailout for French Government
(DBN)

______________

Argentina:

IMF Throws Down The Gauntlet Against Argentina's Sketchy Stats
(DBN)

______________

Belize:

Un-Belizeable debt restructuring
(DBN)

Belize bondholders welcome partial coupon payment, extend talks --- Agrees to Make Half of $23 Million Payment
(DBN)

______________

Indonesia:

Indonesia telecom giant's bankruptcy stirs fears of legal abuses
(DBN)

Indonesia set to delay spectrum auction, following Telkomsel dispute
(DBN)

Fitch affirms Telkomsel ratings following bankruptcy verdict
(DBN)

______________

Brazil:

Court-Supervised Reorganization: Creditor's Abstention From Voting In A General Meeting Of Creditors. How To Proceed?
(DBN)

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Poland:

Polimex gets more time from creditors for deal guarantee
(DBN)

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Hong Kong:

Hong Kong bankruptcy petitions up 12.3 pct in August, up 0.8 pct y/y
(DBN)

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Copyright 2012