September 6, 2012

The Daily Bankruptcy News

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Law:

Another Dewey partner makes claims --- Is Citi Set to Sue Other Former Dewey Partners?
(DBN)

Judge: Unfinished Legal Work Is Not Property (Not in New York, Anyway)
(DBN)

Davis Polk, Baker Botts, DLA Piper, Kirkland: Business of Law
(DBN)

Consultant: Law Firm Revenues & Profits Dropping, Layoffs Ahead
(DBN)

DLA Piper appoints two U.S. managing partners --- DLA Piper appoints first female head as co-managing partner
(DBN)

Jeffrey I. Wasserman Joins Herrick, Feinstein
(DBN)

Freehills, Herbert Smith, open New York office
(DBN)

Nixon Peabody loses bid to dismiss suit tied to fraud
(DBN)

Who Are You Calling Mom-in-Chief?
(DBN)

Legal industry 6th "most-hated" --- 10 Most Hated Industries In America
(DBN)

"If you're not sure you have a passion for the law, do a re-evaluation in the first days so you can have your money back. We don't want to take your money."
(DBN)

Applicants Down, Tuition Up at Most Texas Law Schools
(DBN)

Law School Transparency: Slow learners --- More bad news from the BLS
(DBN)

The View from 0L
(DBN)

Dean Says Villanova Bounced Back After Admissions Data Scandal; Incoming 2011 Class Set LSAT Record
(DBN)

To Survive in a Law Firm, You Must Hold These Truths to be Self-Evident
(DBN)

Compare: A Former SEC Commissioner's Salary Before And After She Became A Wall Street Lawyer
(DBN)

Corporate legal departments go direct to LPOs, says survey
(DBN)

Annual Associates Tech Survey Finds Focus on Fixes, Upgrades
(DBN)

Dinosaur Skeleton Pieced Together From Several Pieces
(DBN)

Why Write an Amicus Brief — When You Can Draw One Instead?
(DBN)

Ethics 20/20 Proposals Would Make It Easier for Foreign Lawyers to Practice in US
(DBN)

Chris Christie: Will he return to practicing law?
(DBN)

Skadden Partner Conquers ‘Irrational Fear’ After Skiing Accident and Gains Big Client
(DBN)

Louboutin Wins Rights to Red Soles, as Long as They Contrast
(DBN)

Judge OKs ‘Modest’ $900K Fee for Each of 5 Lawyers Overseeing Estate of Hotel Heiress Leona Helmsley
(DBN)

"Insubordinate, disruptive, unruly and abusive"
(DBN)

‘You’ve Got Mail!’ Woman Sues Mailman After He Allegedly M---------- on Her Lawn
(DBN)

The Proper Approach To Wife Beating
(DBN)

Taxing time for n***-loving lawyer
(DBN)

8 of the strangest lawsuits making headlines
(DBN)

Say What?!
(DBN)

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Judges:

Federal prosecutor tapped as bankruptcy judge
(DBN)

The Benchslap Dispatches: Posner v. Scalia — Is It Personal?
(DBN)

Benchslap of the Day: Trust Judge Reinhardt, He’s An Expert
(DBN)

Judge Slammed for Delaying Ballot Appeal
(DBN)

TX Court of Appeals Judge Reprimanded For Calling Law Enforcement "Backwoods Hillbillies" Who Don't Understand "Friends In High Places"
(DBN)

Man Charged re Judge Grudge Phone Threats, But Pistol-Packing Jurist Is Ready for Action, If Needed
(DBN)

Judge Insists He Has No Hostility Against Cozen Lawyer Who Made Bull’s-Eye Claim
(DBN)

Son of US judge charged with murder in Puerto Rico
(DBN)

Judge preserves part of law student's suit over court phone seizure
(DBN)

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Wall Street:

Stock index futures signal firmer start
(DBN)

Dow Grinds Out a Gain
(DBN)

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Layoffs:

Revlon to close plants, cut jobs
(DBN)

Obama’s Thursday Night Secret About Jobs
(DBN)

27% of World’s Adults Work Full Time for an Employer
(DBN)

U.S. Job Creation Gets Slight Boost From State, Local Gov't
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Tribal Casino Bankruptcy? Not Yet.
(DBN)

Cash Strapped Atlantic City casino allowed to move gambling outdoors
(DBN)

______________

Autos:

Subprime Auto Lending Is Bigger Today Than It Was At The Peak Of The Credit Bubble
(DBN)

Why General Motors Is Not Headed For Bankruptcy Again
(DBN)

______________

Fraud:

Latest curve in Stanford case raises questions --- SEC charges former Stanford officials with fraud
(DBN)

TD Bank settles Ponzi -related case with Emess Capital
(DBN)

White supremacist's wild ponzi scheme
(DBN)

Longtime South Florida lawyer among those charged in investment scam
(DBN)

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Economy:

Productivity in US Grows More Than Previously Estimated --- Weak Productivity Is Another Bane of Recovery
(DBN)

Gross Says Age of Credit-Expansion-Led Fund Returns Is Over
(DBN)

Trade Group Offers Latest Sign of Faltering Factories
(DBN)

World Economic Forum Global Competitiveness Report 2012-13: Top 10
(DBN)

Morgan Stanley: The Global Economy Continues To Sink Deeper Into The Twilight Zone
(DBN)

How Bill Clinton's Balanced Budget Destroyed The Economy
(DBN)

One in four Americans considers self poor
(DBN)

Hunger Is Hitting More Middle Class Families
(DBN)

How to Survive Being Middle Class in US
(DBN)

The Hippest Economic Indicators
(DBN)

Have Something to Say About U.S. Debt? E-Mail the Treasury
(DBN)

Warning as Food Prices Shoot Up
(DBN - NY Times - Paywall Limit Possible)

Gross to Bernanke: You're creating the lending crunch --- Fed Is Harming, Not Helping Economy
(DBN)

US Debt Clock
(DBN)

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Real Estate:

Romney Offers Glimpse Of Housing Policy --- Details show Romney housing plan challenges, contradictions
(DBN)

ResCap Creditors Seek Plan-Filing Deadline Tied to Probe
(DBN)

MERS remains a sporadic issue
(DBN)

Houses selling faster: NAR
(DBN)

Mortgage applications fall again, worrying housing economists
(DBN)

Short Sales' Popularity Could Mean That It's Time To Snatch Up A Foreclosure
(DBN)

AG’s office to pursue arrest of bankrupt L.I. developer
(DBN)

It's Time To Kill The 'This Old House' Fixer-Upper Fantasy
(DBN)

ID: Developer's bankruptcy dismissed
(DBN)

Lawler: Single Family Rental Market: Surging, But by How Much?
(DBN)

____________

Newspapers:

Journal Register Co. Seeks Bankruptcy Protection --- Journal Register is bankrupt again, eyes quick sale
(DBN)

______________

Energy:

Bankruptcy Judge Confirms Dynegy's Plan to Exit Bankruptcy
(DBN)

______________

Municipalities:

San Bernardino fails to pass budget cuts in bankruptcy process --- San Bernardino to meet about steep cuts --- San Bernardino council makes some spending cuts, delays others --- Cuts more than 100 jobs in compromise --- Council OKs interim bankruptcy plan --- Officials battle confusion, each other — but pass budget
(DBN)

Stockton: City's junk bond status moves a notch lower
(DBN)

CA pension failed to stop 'spiking': audit
(DBN)

Bessemer, Hueytown file objection to Jefferson County's move to break Cutoff courthouse lease
(DBN)

______________

Brokers:

Peregrine trustee asks permission to hire PriceWaterhouseCoopers
(DBN)

Peregrine Trustee Seeks to Return $123 Million
(DBN)

Lawyer for bankrupt Cedar Falls brokerage will get raise
(DBN)

MF Global Judge Seeks Changes to Trustee Lawsuit Agreement
(DBN)

MF Global wrangling
(DBN)

______________

Aviation:

American Airlines Pilots Gamble And Lose In Bankruptcy Case
(DBN)

Bankruptcy trustee objects to agreement to pay unions’ professional fees
(DBN)

Radio host Beck renews attack on American Airlines --- APFA president responds to Glenn Beck
(DBN)

US Airways expects business travel demand to improve
(DBN)

Amazing Parents Gave Fellow Travelers Candy To Apologize In Advance For Crying Twins --- Customers Shocked As Mother Potty Trains Daughters At Table In Restaurant
(DBN)

______________

Health Care:

17 Recent Hospital Layoffs
(DBN)

Bankruptcy lawsuits seek nearly $16.5 million from family of doctor in hepatitis C case
(DBN)

Employers May Avoid Hiring Smokers as Health Care Reform Kicks In
(DBN)

______________

Hollywood:

David Bergstein's $50 Million Lawsuit Against Second Ex-Lawyer Dismissed
(DBN)

______________

Coal:

Global market conditions idles CONSOL mine
(DBN)

______________

Orchestras:

Philly Pops’ presenter cleared to exit bankruptcy
(DBN)

______________

Corporate Governance:

When Fairness Opinions Are Used Outside of Mergers
(DBN)

Chancellor Strine Addresses Controlling Stockholders Duties in a Company Sale
(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 (55 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

ResCap, San Bernardino, NewPage, Madoff: Bankruptcy
(DBN)

Rochelle on Wealthy People's Toys, Dairy Farms, Charter: Audio
(DBN)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Preemption:

Third Circuit Ruling Provides Bankruptcy Plans with Broad Preemption Rights
(DBN)

______________

Claims Trading:

Second Circuit To Weigh In On Trading of Bankruptcy Claims
(DBN)

______________

Cross-Border:

China Medical Technologies Files for Chapter 15
(DBN)

______________

Litigation:

Multi-Million Dollar Judgment Upheld for Litigation Outsourcing Company
(DBN)

______________

Mass Torts:

Feds urge judge to ignore BP’s claim that Gulf is making ‘robust recovery’ --- BP's path to Macondo settlement just got harder --- Transocean sees 'elevated rhetoric' from U.S. on Macondo
(DBN)

______________

Retailing:

Judge approves reorganization for owner of Filene's Basement brand
(DBN)

______________

Hedge Funds:

Fletcher to get federal trustee
(DBN)

______________

Distressed Investing:

US hedge fund hires ex-Goldman executive
(DBN)

______________

Celebs:

SEC Charges 'Buckets of Money' Radio Personality Ray Lucia
(DBN)

William Shatner Accused of Harassing Handyman
(DBN)

______________

Paper:

Verso calls off merger with NewPage
(DBN)

______________

Furniture:

Linwood Furniture to be liquidated
(DBN)

______________

Debt Collection:

Judge Certifies Class in 'Sewer Service' Debt Default Action
(DBN)

______________

Student Debt:

Bankruptcy can help with student debt
(DBN)

Are You Ready for Some (Fantasy)Football? Or, Why Fantasy Football May Help You to Discharge Your Student Debt
(DBN)

______________

Accounting:

Refco Trustee Dismisses Last Claim Against Grant Thornton
(DBN)

______________

UK:

KPMG administrators achieve rescue deal at Travelodge
(DBN)

Rabobank bolsters capital as bail-ins loom
(DBN)

Linklaters advises lenders on Hibu's £2.2bn debt restructuring
(DBN)

______________

EU

The Most Powerful Man In The World Is Going To Speak Today. So Is Barack Obama
(DBN)

Goldman Has Devastating Description Of The ECB's New Bond Buying Scheme
(DBN)

Euro Zone in Deepening Slide
(DBN)

Eurozone Running Out of Options and Time
(DBN)

Merkel Said to Tell Lawmakers She Supports Draghi and Weidmann
(DBN)

Euro, shares gain on expectations of ECB bond buying
(DBN)

______________

Australia:

Single men at biggest risk of bankruptcy
(DBN)

______________

MENA:

US businessman jailed in Dubai appears in court
(DBN)

______________

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Copyright 2012