April 19, 2013

The Daily Bankruptcy News

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Law:

Mean Weil? There’s Another Side To This Story….
(DBN)

How GCs Use Social Media to Hire Law Firms
(DBN)

DLA Settles Fee Suit After Release of Emails --- Settling Fee Dispute, Law Firm Denounces 'E-Mail Humor'
(DBN)

Flexibility Is Key to Family-Friendliness, Says Yale Report
(DBN)

Top 10 family friendly law firms named; part-time work is option at every surveyed firm
(DBN)

UK associates left behind as US firms widen pay gap
(DBN)

Seyfarth Shaw, BakerHostetler, Hunton: Business of Law
(DBN)

From Biglaw to Boutique: Networking Contradictions
(DBN)

Bankruptcy Pro Judith Ross Opens New Firm
(DBN)

Always Be Prepared: Forecasting a Business Partner's Financial Problems and How to Prepare
(DBN)

Litigation finance firm says it was misled by Ecuadorian plaintiff's lawyers
(DBN)

5 Law Schools Where Students Want To Save The World
(DBN)

Unofficial Orientation to Law School (Part II)
(DBN)

Customer Sues CVS For Writing 'Ching Chong' On Her Receipt
(DBN)

Workplace Divided: Partner Sues Her Firm, Alleges Sex-Segregation
(DBN)

Police: Marathon Suspect One Shot And Killed, Suspect Two On The Run --- NBC: Bombing Suspects Are Foreign Nationals — Been Here Legally For A Year --- Boston Shutting Down All Public Transit --- MIT Cancels Classes After Campus Police Officer Shot Dead --- Boston Bombing Victim Who Lost Both Legs Helped Identify Suspects --- Meet The Two Immigrant Runners Wrongly Fingered As "Possible Suspects" In The Boston Marathon Bombing --- Will the Boston Marathon bombings qualify as terrorism for insurance purposes? --- Crowdsourced Sleuthing for Boston Marathon Bombers: Parallel investigations on Internet
(DBN)

Texas lawyers band together to help the people of West --- Fatal fertilizer plant blast a ‘nightmare scenario’; Texas plant told EPA explosion could not occur
(DBN)

Lawyer who turned down $8M settlement wins $130M in retrial
(DBN)

What’s the Difference Between Being a P--- Magazine Editor and a Lawyer?
(DBN)

Even When Mass Shooters Are Broke, Somebody Has to Pay
(DBN)

Lawyer softens claim of client attack, says 70 percent of his clients sometimes want to strangle him
(DBN)

The Most Deranged Sorority Girl Email You Will Ever Read
(DBN)

It's Now Legal To Take Home Your Roadkill In Montana
(DBN)

Judge: lawsuits can proceed against theater owner in Colorado massacre
(DBN)

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Judges:

Judge’s comments about Facebook and Mark Zuckerberg’s money lead to sentencing remand
(DBN)

The 100 Most Influential People in the World: Elena Kagan
(DBN)

Man ups ante in probation violation case, is jailed after allegedly taking judge’s photo
(DBN)

Judge also received letter with possible ricin; a suspect is arrested
(DBN)

Barney Frank Says Justice O'Connor Made A Huge Mistake By Retiring So Late
(DBN)

Judicial conduct panel probes fewer judges in 2012: report
(DBN)

West JP Takes on Grim Responsibility in Wake of Explosion
(DBN)

Ex-Judicial Official Charged in Slaying of Prosecutor
(DBN)

Deceased Judge's Family Sues Law Firm for Infringement
(DBN)

U.S. Courts Announce Sequestration Plan for Defenders
(DBN)

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Wall Street:

U.S. Stock-Index Futures Rise
(DBN)

US stocks close lower for second day
(DBN)

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Layoffs:

Metro Detroit's job sprawl is worst in US, making it difficult for poor to find work
(DBN)

U.S. weekly jobless claims edge higher
(DBN)

Here's Where New College Graduates Have The Best Shot At Making A Living
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Bernie Madoff, Through the Eyes of His Secretary
(DBN)

DBSI: Mr. Marvel takes his hand off the stick
(DBN)

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Coal:

Patriot Coal: exclusivity fight paints bleak picture for reorg
(DBN)

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Politics

Greensboro mayor may have to move bankruptcy case from Charlotte
(DBN)

Trivia Time: Bankruptcy Lawyers in the Senate
(DBN)

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Municipalities:

California city tells Calpers it will quit pension fund
(DBN)

Study: Central Stockton loses jobs
(DBN)

Detroit City Council Says ‘Yes’ To Banks In Vote For Jones Day
(DBN)

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Food/Beverage:

3rd Adams Produce exec pleads guilty
(DBN)

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Education:

Pencader school seeks bailout from state
(DBN)

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Economy:

Initial Jobless Claims Climb To 352,000
(DBN)

Philadelphia Fed Manufacturing Index Fell to 1.3 in April From 2
(DBN)

Jobs, factory data point to slowing economy
(DBN)

Poll: Most Say Wealth Distribution Unequal
(DBN)

IMF laments unhealthy '3-speed recovery'
(DBN)

Student loan debt is cramping an already weak national economy.
(DBN)

Austerity is having a terrible week
(DBN)

Sobering Presentation Reveals The Two Economies In America
(DBN)

6 Things On Which Americans Waste A Lot Of Money
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Rising Interest Rates Will End Current Home Affordability
(DBN)

Bar Files 17 Count Complaint Against David Stern
(DBN)

Fixed-mortgage rates continue decline: Freddie Mac
(DBN)

Fitch downplays rising home prices on labor concerns
(DBN)

Southern California washes away foreclosure impact
(DBN)

Las Vegas firm accuses Turner of collusion with Westport creditors
(DBN)

Obama Said Near Decision on Leader for Fannie Mae Regulator
(DBN)

DeMarco defends FHFA progress as regulator, conservator
(DBN)

Kickback Claims Will Follow Bank of America
(DBN)

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Aviation:

AMR loses $341 million (but earns $8 million, excluding items)
(DBN)

Horton: May and June bookings are slightly ahead of last year
(DBN)

Revised dates for the bankruptcy hearings on the AMR/AA plan of reorganization
(DBN)

American Air CEO: Our Costs Are Lowest, Our Alliance Is Stronger
(DBN)

Phoenix sends Alitalia towards bankruptcy
(DBN)

Ex-Pace owner takes deal to reimburse employees $445,000 for insurance premiums
(DBN)

Expect Flight Delays Starting Sunday - FAA Sequester
(DBN)

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Retailing:

Why Did JC Penney Stumble So Badly Under Ron Johnson? It's Culture, Stupid
(DBN)

J.C. Penney in Talks for $500m Loan
(DBN)

“Desperate” J.C. Penney Draws $850M of Revolver
(DBN)

Out-of-Court 'Tankruptcy' Looms as Clock Ticks for Orchard - Off 93.3% in 52-Week Low
(DBN)

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Electricity:

Why PE Owners Want to Stick With Energy Future Holdings
(DBN)

City officials say little after closed session on SME bankruptcy
(DBN)

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Gambling:

NJ judge OKs Revel's bankruptcy financial plan
(DBN)

Revel Casino Owner Seeks to Disband Creditor Committee
(DBN)

Revel Receives Final Court Approval for $250 Million DIP Financing and All First Day Motions
(DBN)

Atlantic City agrees to set Revel's assessment at half of $2.4 billion building cost, lawyers say
(DBN)

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Autos:

Saving General Motors: Salvage work
(DBN)

Report: Fisker allowed to draw on U.S. loan after default
(DBN)

PrivCo Research: Each Fisker Vehicle Cost $660,000
(DBN)

Who Killed The Electric Car This Time Around? Turns Out To Be A Lot Of People
(DBN)

Opel closes German plant
(DBN)

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Defaults:

Global Corporate Default Tally Rises to 24 for 2013
(DBN)

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Soccer:

Spanish clubs owe 670 million euros in taxes
(DBN)

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Corporate Governance:

Investor Takes on Tootsie Roll's 'Secret Empire'
(DBN)

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Telecoms:

Nortel European creditors appeal trial decision
(DBN)

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Mass Torts:

First phase of BP spill trial comes to an end
(DBN)

BP Still Uncertain Over Spill Cost at Third Anniversary
(DBN)

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RICO:

Financier suffers setback in Miami lottery suit
(DBN)

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Photography:

Kodak bringing the bonus back
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

Private equity investor Ross to testify before bankruptcy reform panel
(DBN)

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Plan Confirmation:

Seventh Circuit Holds That Absolute Priority Rule Is Still…Absolute
(DBN)

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Cross-Border:

The Second Circuit Rules that the Filing of a Chapter 15 Petition is the Relevant Period for Determining a Foreign Debtor's "Center of Main Interests"
(DBN)

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Personal Bankruptcy:

Fees Are Slashed in Bankruptcy With 'Few Unexpected Hurdles'
(DBN)

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Recent Pleadings:

Dow Not Entitled To "Time Value Credits" For Obligations To Mass Tort Trust
(DBN)

Kodak Gets More Exclusivity
(DBN)

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Insurance:

Ambac Announces Insurance Commissioner Disapproves Interest Payment on Surplus Notes
(DBN)

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Alternative Energy:

LDK Reduces Solar Capacity While Seeking Investors
(DBN)

SolarWorld aims for deal with creditors in 2-3 weeks -sources
(DBN)

SolarWorld sells 46MW following news of €550m loss
(DBN)

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Banking:

Law firm, 2 attorneys sued by FDIC, accused of helping bank make $82M in illegal loans
(DBN)

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Corporate Reform:

US SEC chairman's former colleague to be named enforcement chief
(DBN)

Former CFPB Executive Opens Washington Consulting Firm
(DBN)

CFPB Will Face Senate Banking Committee Next Week, Will Likely Face Scrutiny On Collecting Data Regarding Americans' Credit Habits
(DBN)

SEC: Let's All Sue Wall Street
(DBN)

Consumer agency urges standards for financial advisors to seniors
(DBN)

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Pensions:

Congress returns to public pension battle with new bill
(DBN)

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Tobacco:

Chapter 11 hearing continued for tobacco companies
(DBN)

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Sovereigns:

What lessons should investors learn from the Argentine and Greek restructurings?
(DBN)

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UK:

Lenders to Charterhouse’s PHS anticipate potential Q1 covenant breach
(DBN)

Punch Taverns continues discussions with stakeholders
(DBN)

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EU:

Germany Backs Cyprus Aid as Schaeuble Cites Default Risk
(DBN)

IMF's Lagarde says ECB has more room to ease
(DBN)

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PIIGS:

Portugal finds spending cuts to keep bailout on course
(DBN)

ie: New personal insolvency rules - Allowance 'shield' for families - No holidays - Maybe TV - Maybe car --- Ireland picks through debtors’ lifestyles --- ie: A cautious welcome to the insolvency service
(DBN)

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Canada:

Court confirms director's liability for unpaid wages
(DBN)

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France:

‘Time is Running Out’, Asset Manager Tells Hollande
(DBN)

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Malaysia:

Bankruptcy on the rise, says M'sian official
(DBN)

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Japan:

Risky Economic Plan for Japan Inspires Hope and Fear
(DBN)

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Hong Kong:

Hong Kong March bankruptcy petitions up 41 pct from Feb
(DBN)

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