September 27, 2012

The Daily Bankruptcy News

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Law:

Summer Associate Offer Rates (2012): Not Every Biglaw Firm Handed Out Offers Like Candy!
(DBN)

Biglaw: It’s Not All About the Benjamins
(DBN)

Biglaw summer associates might be freaking out over their careers for no reason
(DBN)

Thompson & Knight to Open New Office in Los Angeles
(DBN)

Kobre, Thompson & Knight, White & Case: Business of Law
(DBN)

Freeborn & Peters Adds Partner as Chair of the Bankruptcy Litigation Practice
(DBN)

Scott Brown Says Elizabeth Warren Has A Secret Roster Of Corporate Clients --- Ted Kennedy slammed steel company Liz Warren represented --- Sen. Scott Brown's press on Elizabeth Warren's legal work draws retort about his own clients
(DBN)

Clogged Pipeline: Lack of Growth at Firms Has Women Skipping Law School
(DBN)

Is Making Junior Partner Worth The Trouble?
(DBN)

Nirvana In Big Law
(DBN)

Adding Up the Government's Legal Bills for Fannie and Freddie
(DBN)

Debevoise Advises Galloping Horse to Acquire Assets of Digital Domain
(DBN)

SJ Berwin to reshape partnership in response to 'challenging market'
(DBN)

Ethical Breaches: Blind Leading the Blind
(DBN)

6 Critical Strategies Used By Law Firm Pricing Directors
(DBN)

How Procurement Teams Are Working with In-House Lawyers
(DBN)

Reports Suggest NFL, With Proskauer Advising, Close to Deal With Locked-Out Refs
(DBN)

The Era of Mandatory Retirement
(DBN)

Paying Professors Less Could Solve The Law School Crisis
(DBN)

Baylor wants law school applicant's age-discrimination suit dismissed
(DBN)

The Truth About Law School Deans
(DBN)

First In Her Class Applicant Admitted In Minnesota Without Examination
(DBN)

Growing Justice: Law Schools Hop on the Incubator Trend
(DBN)

Future Law Student Had No Clue What She Was Walking In To Until She Talked To Yahoo
(DBN)

With the iPhone5, An 'Apple' a Day Could Bankrupt You Tomorrow
(DBN)

iPhone 5 Review: Apple Has The Closest Thing To A Perfect Phone, Ever
(DBN)

TrialWorks Mobile App
(DBN)

Review: Congress.gov -- free legislative information formatted for the iPhone screen
(DBN)

Review: Rulebook + The Bluebook -- a uniform system of citation on the iPhone and iPad
(DBN)

Social Media in the Enterprise: Why Change Alone Won't Change a Thing
(DBN)

Law Firm Buys Fake Twitter Followers, Public Mockery Included at No Charge
(DBN)

Corner Offices, Suits, Pantyhose Going Way of the Fax Machine and Rolodex
(DBN)

‘Apparently Intoxicated’ Prosecutor Allegedly Takes a Literal Bite Out of Crime
(DBN)

Coast Guard Lawyer, Women’s Bar Pioneer Dies at Age 98
(DBN)

Summer Associate Hook Ups Could Lead to the White House
(DBN)

Texas Cheerleaders Get Court Order Allowing Bible Verses on Banners
(DBN)

Lawyer of the Day: It’s Merely A Flesh Wound
(DBN)

Tom ‘The Hammer’ Delay Preparing To Get Hammered
(DBN)

American Express Lawyer Allegedly Skewered A Rival In A Barroom Brawl
(DBN)

Litigation Partner at Seattle Law Firm Is Jailed as Suspect in Two Massage Parlor Rapes
(DBN)

America's Most Notorious Sheriff Got Smacked Down In Court
(DBN)

Tennessee Fraternity Member Hospitalized After Using . . .
(DBN)

Man pulled over by cops blames reckless driving on pet squirrel
(DBN)

FBI to Look for Hoffa's Body in Detroit
(DBN)

Hong Kong Tycoon Seeks Husband for Daughter
(DBN)

Drunk horseback rider leads police on low-speed chase
(DBN)

Say What?!
(DBN)

______________

Judges:

Rehnquist Bio Doesn’t Pull Punches --- "Rehnquist's judicial philosophy was nihilistic at its core"
(DBN)

Disbarred Ex-Judge Who Survived 1994 Deposition Shooting Now Faces Money-Laundering Case
(DBN)

A Preview of the Upcoming Supreme Court Term (OT 2012)
(DBN)

Delaware Supreme Court judge criticizes Strine 'diatribe'
(DBN)

No Duty To Report "Robosigner"
(DBN)

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Wall Street:

U.S. stock futures higher; Spain, data in focus
(DBN)

Markets Are Up Around The World
(DBN)

Stocks Fall For 3rd Straight Day
(DBN)

World stocks slip on Europe fears, Spain yields jump
(DBN)

Banks recoup losses, but financials weak
(DBN)

What Is High-Frequency Trading? Here's What The Whole Debate Is All About In Plain English
(DBN)

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Layoffs:

The long decline of labor
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

U.S. Holiday Chain-Store Sales Predicted to Be Up 3%
(DBN)

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Baseball:

Ex-Rangers owner Tom Hicks settles over failed project --- Tom Hicks settles two lawsuits
(DBN)

Frank McCourt: LA Dodgers' former owner is a liar, says ex-wife
(DBN)

What Was CRG Doing For The Mets?
(DBN)

L.A. Dodgers Secret TV Deal With MLB Fuels Spending Spree
(DBN)

______________

Fraud:

What Does It Mean That An SAC Capital Manager Is An 'Unindicted Co-Conspirator' In An Insider Trading Scheme?
(DBN)

Doctors, pension fund file joint PFG suit
(DBN)

Fraud Reports Climb Still Higher
(DBN)

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Pensions:

Ex-Chrysler executives can continue with age-bias retirement suit
(DBN)

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Health Care:

Espada still profits from his defunct nonprofit
(DBN)

Lawrence General Hospital in Massachusetts Announces Restructuring
(DBN)

RI attorney general: Mass. hospital group's plan to buy troubled Landmark apparently dead
(DBN)

Increased obesity is wiping out most health benefits of less smoking
(DBN)

______________

Tech:

Court Grants Final Approval of Contec DIP Financing
(DBN)

______________

Lehman:

SEC Seeks to Intervene in Lehman Unit Fight With Barclays
(DBN)

______________

Municipalities:

Bankrupt Alabama county OKs budget with skipped bond payments
(DBN)

SB Bankruptcy Plan Talks Called “Intractable”
(DBN)

Stockton: City retirees' Plan B
(DBN)

California City May Declare Fiscal Emergency
(DBN)

Altoona Council expresses concern over Act 47 plan
(DBN)

Duggan on Detroit mayoral run: 'I'm a turnaround guy'
(DBN)

Lawmakers examine Pa. Turnpike's financial future
(DBN)

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Economy:

Chicago Fed president defends central bank moves
(DBN)

Fed Virtually Funding Entire US Deficit
(DBN)

What’s The State Of The Economy?
(DBN)

CEOs more pessimistic on sales and hiring --- Fiscal cliff holding back hiring, growth
(DBN)

Labor's Share of Income Falls
(DBN)

Consumers Spent 3.3% More in 2011
(DBN)

Fed’s Evans Expects U.S. Credit Rating to Be Maintained
(DBN)

Bernanke Needs to Learn the Lessons of 1970s
(DBN)

After Brief QE3 Fever, Inflation Expectations Cool
(DBN)

Where Americans Are Spending
(DBN)

These Milestones Can Determine Whether You'll Join The Middle Class
(DBN)

Citi: This Is What Will Happen To The Global Economy Through 2015
(DBN)

KBW: 2013 recession looms without fiscal cliff fix
(DBN)

Tax the Rich, Kill the Economy? Not Really
(DBN)

Aging US Population Seen as Major Challenge
(DBN)

Krugman: What Would Have Happened If US Had Gone With Austerity Rather Than Stimulus
(DBN)

How the world taxes, in two charts
(DBN)

Survey: 96 percent of Americans have received government benefits
(DBN)

Here’s what Obama and Romney would pay under their tax plans. And what you would.
(DBN)

Sheila Bair against the world
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Sales of New US Homes Hover Near a Two-Year High
(DBN)

New Home Sales and Distressing Gap
(DBN)

ResCap Bondholders Pull Support for Unit's Reorganization
(DBN)

Lehman’s Bust-to-Boom Archstone Returning at Peak
(DBN)

Rakoff Ruling Spells (More)Trouble for Banks Facing Bond Insurer MBS Claims
(DBN)

Fannie Mae, Freddie Mac 2012 bill sale calendar
(DBN)

Report Finds 'No Evidence' That Freddie Blocked Refis
(DBN)

Flagstar Bank to face trial over mortgage servicing
(DBN)

Mortgage settlement attracts scammers of desperate homeowners
(DBN)

Bair Calls Obama Housing Program Rules ‘Stupid’
(DBN)

Candidates’ Policies on Fannie, Freddie: We’ll Tell You Later
(DBN)

Survivors Enjoy the House Party
(DBN)

Mazola agrees to hand over failed South Loop condo project
(DBN)

Recession-battered cities where home prices not rebounding
(DBN)

Final parts of California Homeowner Bill of Rights signed into law
(DBN)

FHFA punishes states
(DBN)

Everything To Know About Sponsor Apartments
(DBN)

Auction set for northern Idaho development
(DBN)

____________

Banking:

The Guy Who Called Seattle’s ‘Touchdown’? A BofA Banker --- Dear NFL, You Get What You Pay For
(DBN)

Geithner Wanted Lower Capital Standards for Banks, Bair Contends
(DBN)

SEC Files Enforcement Action Against Failed Bank Executives
(DBN)

Libor's New Masters
(DBN)

RBS Instant Messages Show Libor Rates Skewed for Traders
(DBN)

RBS Trader Whose Instant Messages Clearly Show Him (Allegedly)Engaging In Libor Manipulation Not Going Down Without A Fight
(DBN)

Average ATM Surcharge Reaches New High
(DBN)

______________

Aviation:

Delays Continue at American With Pilots, Management Dug In --- AA Threatens Legal Action If Slowdown Continues --- APA to American Airlines management: Sure, let’s talk
(DBN)

Longest-serving pilots ask bankruptcy judge to block American Airlines from implementing pension freeze
(DBN)

American Airlines Invites Pilots to Talk Contract Deals Again
(DBN)

1,242 fleet service and ground service sign up for early-out from American Airlines --- Almost 1,600 American Airlines Employees Take Early Retirement
(DBN)

Robert Crandall responds to a pilot about the American Airlines situation
(DBN)

American Airlines = Eastern Air Lines?
(DBN)

Pinnacle Airlines lost money in August
(DBN)

“Business As Usual” As Hawker Beechcraft Woos Russians
(DBN)

Hawker Beechcraft spent $3 million on Chapter 11 fees in August --- Hawker Beechcraft reports 3 months of losses
(DBN)

______________

Personal Finance:

Eating Out Might Actually Be Cheaper Than Cooking
(DBN)

______________

Politics:

Mitt Romney's Unintentionally Hilarious Tax Return FAQ
(DBN)

______________

Protests:

UC Davis Students Win $1 Million Settlement For Being Pepper-Sprayed
(DBN)

______________

Utilities:

Southern trustee considers reorganization proposals
(DBN)

______________

Steel:

Sparrows Point steel mill up for sale — again
(DBN)

______________

Golf:

Bankruptcy details emerge over country club, City Club
(DBN)

______________

Corporate Reform:

More leeway won't help SEC without better cases
(DBN)

______________

Student Debt:

Student debt grows to new high in US
(DBN)

NYU Professor: Are Student Loans Immoral?
(DBN)

______________

Food/Beverage:

Bella's Market CEO says bank failure contributed to its troubles
(DBN)

______________

Steel:

Sparrows Point's new owners set up a 3 month deadline
(DBN)

______________

Video Games:

RI oversight panel declined to probe 38 Studios
(DBN)

______________

Religion:

Progress seen in Wis. church mediation with retired bankruptcy judge
(DBN)

______________

Debt Collection:

The Alarming Ties Between Debt Collectors and District Attorneys
(DBN)

______________

Tech:

MIT, UMD Want Approval to Sue Bankrupt Elpida Over Patent
(DBN)

______________

Corporate Governance:

Dismissing lawsuit, Delaware judge says plaintiffs too hasty
(DBN)

______________

Education:

University of Virginia Gets Top Ranking :)
(DBN)

______________

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 (36 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (20 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:

Patriot Coal, AMR, Tri-Valley, Contec, Ritz
(DBN)

Rochelle on Digital Domain, Elpida, Lazy Days' RV Center: Audio
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Crimes:

A Fuzzy Stipulation Vacates A Conviction In A Bankruptcy Fraud Trial
(DBN)

______________

Valuation:

Section 506(a): Why "Wait-and-See" Won't Work to Value Secured-Creditor Claims
(DBN)

______________

Personal Bankruptcy:

Means Test Fail
(DBN)

______________

DIP Finance:

Arcapita asks for Shari'ah-compliant bankruptcy finance
(DBN)

______________

Litigation:

What's behind Samsung's claims of jury misconduct in Apple patent win
(DBN)

Law Firms as E-Discovery Vendors? Could Be
(DBN)

______________

Hollywood:

Digital Domain’s Creative Leaders Hit the Comeback Trail
(DBN)

Digital Domain will pay St. Lucie County taxes
(DBN)

______________

Resorts:

Resort Group Files Plan With Details About Creditor Recoveries
(DBN)

______________

Autos:

Educated buyers support growing subprime auto bond market
(DBN)

Lawyers reject mediation with Delphi retirees --- In Delphi scandal’s wake, Obama Treasury Dept. shares credit for auto bailout with Bush administration
(DBN)

Fiat asks court to set Chrysler share
(DBN)

CAW: Chrysler Talks Incredibly Far Apart --- Chrysler, CAW reach agreement
(DBN)

Marchionne Cheered in Detroit, Jeered in Italy
(DBN)

VW Says Some Carmakers May Go Bankrupt Without State Help
(DBN)

Bosch warns car industry on overcapacity
(DBN)

______________

Distressed Investing:

Sifting through the Rubble
(DBN)

Citigroup Boosts Distressed Debt Unit to Tap Troubled Assets
(DBN)

Saltus expects distressed debt 'bumper crop'
(DBN)

______________

Derivatives:

Credit Swaps – A Travesty of a Mockery of a Sham
(DBN)

______________

Celebs:

Warren Sapp Exits Bankruptcy , Still Owes Huge Tax Bill
(DBN)

______________

Awards:

Hunton & Williams LLP Awarded 'Small Company Transaction of the Year' Honor for Raser Technologies, Inc. Reorganization
(DBN)

TMA Announces 2012 Turnaround, Transaction of Year Awards
(DBN)

Hughes Watters Askanase Named Top Mid-Sized Firm in Texas for Business and Transactions in Super Lawyers 2012 Business Edition
(DBN)

______________

Mail:

Post Office Prepares for Second Default in Two Months
(DBN)

______________

Coal:

Romney ad: Obama would ' bankrupt ' coal companies
(DBN)

______________

Hockey:

First Arena bankruptcy case returns to court
(DBN)

______________

Labor:

Caterpillar to unions: Drop dead
(DBN)

______________

Credit Reporting:

One in five borrowers receives conflicting credit score reports: CFPB
(DBN)

______________

EU:

EU Urges Action to Fix Debt Woes
(DBN)

______________

UK:

Productivity Puzzle Persists in U.K.
(DBN)

Insolvencies: Best performance for mid-sized firms since before the recession
(DBN)

Pre-Pack King McMurray made bankrupt
(DBN)

Sports Direct in deal to buy 60 JJB Sports stores
(DBN)

______________

EU:

Is the Worst Over for the Eurozone?
(DBN)

Europe's Got A New Crisis, And This Time The ECB Can't Solve It
(DBN)

Euro Zone 2013: Zero Growth, More Defaults
(DBN)

______________

PIIGS:

Spanish Ire, Symbolized by a Carrot --- Spanish deposits fall as crisis deepens --- Madrid Protesters March Again as Spain Braces for Cuts --- Why A Bar Owner Yelling At The Cops Is The Defining Image Of Spain's New Crisis --- Spain's fiscal crisis exposes deep regional fault lines --- Video: Spanish Protesters Clashing With Cops --- Spain's Precarious Future
(DBN)

Stock markets slide as violence mars Greek strike --- Protesters clash with police --- Hundreds of thousands of Greeks march --- Fund tosses hot potato to ECB --- ECB will not fill Greek budget gap: Weidmann --- IMF, EU clash over Greece's bailout prospects --- Greek coalition leaders hold new austerity talks --- Report: Greek Leaders Have Agreed On Spending Cuts --- Firms owe billions in taxes and loans --- Greece's other debt problem
(DBN)

______________

Germany:

Germany's top mail-order pharmacy files for insolvency
(DBN)

Germany's jobless rate falls to 6.5 percent
(DBN)

______________

Poland:

Poland's Unemployment Hits 12.4%
(DBN)

______________

MENA:

I’ll See You in Court…in Dubai
(DBN)

______________

Indonesia:

Judges Who Declared Telkomsel Bankrupt Reported to Judicial Commission
(DBN)

______________

Japan:

Japan Bond Risk Nears One-Year High, Credit-Default Swaps Show
(DBN)

Bagelheads?
(DBN)

______________

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Copyright 2012