September 7, 2012

The Daily Bankruptcy News

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Law:

Law Firm Consultant Predicts ‘Absolutely’ More Layoffs and as Many as Five BigLaw Dissolutions
(DBN)

Real Estate Now Tops Legal Malpractice Claims List, ABA-Published Study Shows
(DBN)

Howrey Trustee, Akin Gump in Standoff Over Curious Question of Attorney-Client Privilege
(DBN)

Cleary Gottlieb, Latham, Proskauer: Business of Law
(DBN)

Defunct Law Firm Keeps Its Troubles Off the Softball Field --- Citi Pursues Ex-Dewey Partner Over Capital Contribution Loan
(DBN)

Chadbourne to take over Dewey's New York office --- Chadbourne Signs Twenty-Year Lease for New Headquarters in Midtown Manhattan
(DBN)

The Best Law Firm Offices in America: Honorable Mentions
(DBN)

Graduate intake at top UK law firms falls 11% over post-crunch years
(DBN)

UK firm accused of offering minimum pay to laid off staff
(DBN)

Resignation email of the week
(DBN)

The Billable Hour Drives Efficiency. Who Knew?
(DBN)

Firms Face Tough Go in Search for Junior Transactional Lawyers
(DBN)

Thirty-Four Years After His Graduation, Law Grad Joins the California Bar
(DBN)

Lawyer of the Day: Literally Fighting for Her Right to Party
(DBN)

'Bring Your Own Device' to Work Carries Data Security Risks
(DBN)

Is Uber Against The Law?
(DBN)

How To Drive Your Boss Nuts!
(DBN)

Judge orders accused Texas base gunman to shave or be shaved
(DBN)

Hard To Get Along With Defendant Forfeited Right To Counsel
(DBN)

‘An Internet Shopper’s Worst Nightmare’ Sentenced to Four Years
(DBN)

Dallas Lawyer Charged with Identity Theft, Stealing $200K From Client Trust Accounts
(DBN)

Taking on the 'toga-wearing bandits' in Brazil's courts
(DBN)

Say What?!
(DBN)

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Judges:

In ‘Remarkable Smackdown,’ 9th Circuit Allows Nevadans to Vote for None of the Above
(DBN)

Benchslap of the Day: The District Court Strikes Back
(DBN)

Posner v. Scalia: Bryan Garner Tags In
(DBN)

Commission on Judicial Conduct disciplines judge who was shown in videotape striking daughter with belt
(DBN)

When Appellate Judges and District Judges Butt Heads
(DBN)

8 Ways That Judges Have Cited Star Trek From the Bench
(DBN)

State Superior Court Reinstates $180,000 Punitive Damages Verdict Against Judge
(DBN)

Divorce judge who refused recusal after representing wife in bankruptcy case facing more charges
(DBN)

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Wall Street:

Stock futures signal gains ahead of payrolls
(DBN)

Markets remain reassured by ECB bond buying plan
(DBN)

S&P 500 hits more than four-year high after ECB move
(DBN)

Unemployment benefits claims fall 12,000
(DBN)

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Layoffs:

Private sector hiring quickens in August
(DBN)

Jobs Gain of 200,000 Still Isn't Enough
(DBN)

U.S. Unadjusted Unemployment Rate at 8.1% in August
(DBN)

Jobless Claims in US Fall While Companies Add Workers
(DBN)

The 21 Largest Mass Layoffs Of The Year
(DBN)

Telecommuting; Lower Pay, Some Benefits
(DBN)

Many Jobs in Nanny Economy, Few Qualified Applicants
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Alternative Energy:

Republicans mark one-year anniversary of Solyndra bankruptcy with Web video
(DBN)

Solyndra Seeks Approval to Exit Bankruptcy
(DBN)

Five Things You Should Know About Solyndra During The 2012 Campaign
(DBN)

Solyndra wins preliminary approval of ex-workers settlement
(DBN)

Charlotte company illustrates U.S. stimulus ups and downs
(DBN)

The Worst Welfare Benefits the Best-Off: Corporations
(DBN)

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Aviation:

Labor Tension Rising at American Airlines, As Bankruptcy Judge OKs Union Busting
(DBN)

Republic aims for American's regional flights
(DBN)

Unions will begin hearing American Airlines’ plans after next week’s court hearing
(DBN)

Hawker Beechcraft lawyers bill nearly $1.7 million
(DBN)

Hawker Close To Purchase Deal With Superior
(DBN)

Lenders seek "inside" details of debt-ridden Kingfisher
(DBN)

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Municipalities:

Judge OKs plan for Central Falls bankruptcy exit
(DBN)

Bankrupt San Bernardino Fires Crossing Guards to Narrow Deficit --- San B’dino council meeting was a hot mess --- Day after budget vote, San Bernardino reflects
(DBN)

Stockton's bankruptcy costs more than expected --- City seeks more cash for lawyers
(DBN)

NY Nassau County may tap private funds for tax refunds
(DBN)

Gov. Tom Corbett, Harrisburg receiver William Lynch seek dismissal of city leaders' lawsuit aimed at derailing state takeover
(DBN)

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Politics:

Are corporations people? Warren pondered the issue as bankruptcy specialist
(DBN)

Our First Native American President?
(DBN)

______________

Economy:

U.S. jobless claims drop 12,000 to 365,000
(DBN)

August jobs report looks brighter
(DBN)

ADP: US Companies Added 201,000 Workers in August
(DBN)

Are Americans Better Off Today?
(DBN)

Quantitative Easing: The World's Quick Fix
(DBN)

ISM Non-Manufacturing Soars Past Expectations At 53.7 --- This Explains Everything About The US Economy
(DBN)

World food prices stabilize but UN urges action
(DBN)

Oil Rises as ECB Announces Bond-Buying Program
(DBN)

OECD downgrades growth forecasts and calls for more stimulus
(DBN)

Stop Beating Up the Rich
(DBN)

World Economy in the Twilight Zone
(DBN)

America's Flight from Fiscal Reality
(DBN)

Roubini: If Jobs Number Is Weak, QE3 on Its Way
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

Mortgage rates steady, continue to help housing recover
(DBN)

Eminent domain gambles with local mortgage credit
(DBN)

Bernanke's ultra-low mortgage rate
(DBN)

ResCap Says PWC Review Could Cost $250 Million, Up From $180 Million
(DBN)

How To Preserve A Property Following A Foreclosure
(DBN)

Percentage of Commercial Loans Paying Off Rebounded In August
(DBN)

US files suit against UBS Securities
(DBN)

Redefaults on private modifications cut by more than half
(DBN)

MBS Plaintiffs Chip Away at Banks' Standing Defense at Second Circuit
(DBN)

US House Prices Increasing at Pre-Bust Rate
(DBN)

____________

Paper:

Black’s NewPage Retreat Inflicts Bond Losses
(DBN)

______________

Autos:

Hey! The Auto Bailout Worked
(DBN)

Has General Motors Really Been Saved?
(DBN)

What Mitt Romney Really Said In His Infamous 'Let Detroit Go Bankrupt' Column
(DBN)

Morgan Stanley: GM Needs to Dump Opel
(DBN)

How The U.S. Presidents Altered The Auto Industry
(DBN)

______________

Student Debt:

Why the student loan bubble is much worse than it looks
(DBN)

______________

Brokers:

Peregrine trustee seeks to distribute $123 mln
(DBN)

______________

Furniture:

Carls Furniture seeks approval to exit Chapter 11
(DBN)

______________

Fraud:

Scott Rothstein’s wife, others charged in money-laundering plot to sell jewelry
(DBN)

______________

Waste:

Delta converted to Ch. 7
(DBN)

______________

Bankruptcy Crimes:

Appellate court favors ex-FBI agent
(DBN)

______________

Retailing:

JEMB, Aurora begin marketing Daffy’s leases
(DBN)

______________

History:

7 U.S. Presidents Who Flopped Financially
(DBN)

______________

Celebs:

Behind the Braxton Bankruptcies
(DBN)

Octomom Banned From Celebrity Boxing
(DBN)

Arkansas coach Smith files Chapter 7 bankruptcy
(DBN)

______________

Soccer:

Majority of Premier League Teams in Favor of Fiscal Controls
(DBN)

______________

Health Care:

Man Dies After Doctor Leaves For Lunch In Middle of Surgery
(DBN)

______________

Telecoms:

Prepaid telco Vivaro files for Chapter 11
(DBN)

Lenders square off vs. Falcone
(DBN)

______________

Tech:

Elpida Bondholders Can Question Company over U.S. Assets
(DBN)

______________

Finance:

Elective surgery: Issuers take advantage of friendly market to loosen loan covenants
(DBN)

______________

Religion:

Kansas City bishop guilty for not reporting sex abuse
(DBN)

______________

Banking:

N.C. Treasurer Cowell says Libor settlements may be similar in size to $26 billion foreclosure settlement
(DBN)

Senate committee launches probe of JPM's 'Whale' losses
(DBN)

_____________

New Bankruptcy Opinions
(1 new opinion 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 (9 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 AMR Pilots, NewPage, Picard v. Schneiderman: Audio
(DBN)

______________

Bankruptcy Statistics:

Bankruptcy Rates Keep Falling
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

_____________

Bankruptcy Rules:

Judicial Conference Proposes Amended Bankruptcy Rules In Response To Stern
(DBN)

______________

Adequate Protection:

Court Weighs In on Treatment of Adequate Protection Payments
(DBN)

______________

Secured Claims:

Can default interest and late fees be excluded from secured claims? Maybe, maybe not
(DBN)

______________

Litigation:

Avoid the Pitfalls of Self-Managing E-Discovery
(DBN)

Seven Suggestions for Effective Legal Writing
(DBN)

______________

Venue:

In Patriot Coal venue dust-up, future court decision framed as ‘justice’ vs. ‘convenience’
(DBN)

______________

Insurance:

What to Watch Now in the World of D&O
(DBN)

U.S. Bankruptcy Court issues important ruling for state self-insurance guaranty funds
(DBN)

______________

IP:

In re Interstate Bakeries Corporation: Eighth Circuit Affirms Invalidation of Prepaid, Exclusive Trademark License in Bankruptcy
(DBN)

_____________

Credit Reporting:

Survey: 90 percent of Americans discover credit report inaccuracies
(DBN)

______________

Private Equity:

New York AG's private equity probe may have little bite
(DBN)

______________

Steel:

RG Steel owner addresses employees about their future
(DBN)

______________

Student Debt:

Roscoe Bartlett apologizes for Holocaust remark made as he blasted federal student loans
(DBN)

Student Loans: Debt for Life
(DBN)

______________

Software:

CDC Bankruptcy Plan to Give Holders as Much as $6.10 a Share
(DBN)

______________

UK:

Bank of England leaves policy on hold
(DBN)

______________

EU:

Draghi gets ECB backing for unlimited bond-buying
(DBN)

Draghi's Circus: How And Why The ECB Is Buying Bonds To Save Europe
(DBN)

Mario Draghi must do more than just prop up the euro
(DBN)

Germany's Press Goes Berserk
(DBN)

O.E.C.D. Warns of Recession in Germany
(DBN)

______________

PIIGS:

Greek Unemployment Rate Advances to 24.4 Percent in June --- The Ugliest Unemployment Chart In The World --- Thousands of Greeks protest planned pay cuts --- Greece Finds Little Respite from Recession
(DBN)

ECB sets stage for euro rescue but will Spain jump?
(DBN)

______________

France:

Belvedere says confident will soon reach debt agreement
(DBN)

Embattled Peugeot booted from French CAC 40 index
(DBN)

______________

Hungary:

Hungary Just Flipped The Bird To The IMF Over Bailout Terms --- Hungary Rejects IMF Aid Conditions, Premier Orban Says
(DBN)

______________

Poland:

Polimex gets lifeline loan from Polish state agency
(DBN)

______________

Bahamas:

Clawbacks, Shadows & Other Curiosities - The New Insolvency Regime
(DBN)

______________

Australia:

Rinehart to Australia: Africans Work for Less
(DBN)

______________

China:

Chinese Market Goes Wild After 1 Trillion Yuan Stimulus Plan
(DBN)

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Copyright 2012