April 4, 2013

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

What clients are saying about the future—and what it means
(DBN)

Winstead names new bankruptcy practice group leader
(DBN)

Law Firm Leaders Q&A: Morgan, Lewis & Bockius’ Grace Speights
(DBN)

Dewey's Football Bills
(DBN)

Sidley, Patton Boggs, Bird, Perkins Coie: Business of Law
(DBN)

Ex-client sues Shearman, says firm didn’t warn of $76M pension shortfall before deal closed
(DBN)

Ogletree leader says he quit over lawyer issue and will take group and $10M business book elsewhere
(DBN)

Bankruptcy Lawyer Coury Joins Glankler Brown
(DBN)

Skadden Names New Partners
(DBN)

10 Questions with Don Lents of Bryan Cave
(DBN)

ATL March Madness: The Law Firm With the Brightest Future — Round Three
(DBN)

The 2013 Corporate Scorecard
(DBN)

Court awards $310 mln in attorneys' fees in LCD case
(DBN)

Stealth Lawyer: Lenore Rice, Terra Cotta Importer
(DBN)

Career Alternatives for Attorneys: Pot Dealing
(DBN)

What Is In-House Compensation Like?
(DBN)

Should Law Firms Evaluate Recruits Like The NFL Does?
(DBN)

Which AUSA Hottie Is a Contestant on The Bachelorette?
(DBN)

Tuition.io Lets You See How Sad Your Student Loan Situation Is
(DBN)

5 Ethical Culture Lessons for CEOs from Pope Francis
(DBN)

Prenda Law’s Plight: P--- Copyright Lawyers Plead The Fifth When Asked About Dirty Dealings
(DBN)

Lawyer is fined after scheduling conflict spurs courtroom ‘shoutfest’
(DBN)

Father Of Three Gets 25 Years For Selling $1,800 Worth Of Painkillers
(DBN)

Look, A Rabbit! - ADHD No Excuse For Dishonest Conduct
(DBN)

“Dihydrogen monoxide is coming out of your tap!”
(DBN)

Judge OKs pro se prisoner’s libel suit over legal publication’s recap of his case
(DBN)

DA death probe includes ominous Facebook post; US prosecutor said to quit Aryan Brotherhood case
(DBN)

How Humans And Dinosaurs Coexisted - Domesticated Like Dogs and Cats? Yabba Dabba Doo!
(DBN)

Lawsuit of the Day: S--aroni
(DBN)

5 of the strangest lawsuits making headlines
(DBN)

Class Fights Nevada's 'Infamous Crime Against Nature' Law - Life In Prison
(DBN)

Say What?!
(DBN)

______________

Judges:

US Bankruptcy Court Judge Speer dies at 71
(DBN)

Judge Behind Racist Obama Email Retires --- Circuit Statement Regarding Misconduct Complaint
(DBN)

Put on probation in earlier case, man is now charged with making telephone threats to judge
(DBN)

New book by O’Connor is full of ‘anodyne anecdotes and bar-association bromides,’ reviewer says
(DBN)

Courthouse locked after county sheriff is shot to death outside; ‘nobody’s safe,’ magistrate says
(DBN)

______________

Wall Street:

US Stocks Futures Climb
(DBN)

S&P 500, Nasdaq fall more than 1 percent
(DBN)

Stocks Pull Back
(DBN)

______________

Layoffs:

Companies hire fewer in March, service sector growth slows
(DBN)

Caterpillar Cuts Jobs on Global Slowdown
(DBN)

Slowing Service Industries Point to Cooler US Growth
(DBN)

Job Market Remains U.S. Economy's Wild Card
(DBN)

SuperMedia cuts 37 jobs in Albany, NY office
(DBN)

The 20 Best-Paying Hourly Jobs In Retail
(DBN)

The thinning out of the labor market middle
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Municipalities:

The unanswered pension question for America's teetering cities
(DBN)

The bankruptcy specialist who hopes to save Detroit --- Detroit Emergency Manager : City Council decisions need approval --- Detroit Emergency Manager Disavows Mayor's Letter Stating City Will Stop Honoring Union Contracts
(DBN)

What Detroit And The Stockton Bankruptcy Mean For Bonds
(DBN)

Orr's decision political or pragmatic?
(DBN)

Surge In The Number Of Homeless Students In Detroit
(DBN)

Detroit Emergency Manager Opponents Offer Alternatives To Protest State Takeover --- Protesters Now Using Oreos To Protest Detroit's Emergency Manager
(DBN)

Stockton and San Bernardino, a tale of two bankruptcies
(DBN)

Stockton May Win the Battle, Lose the War
(DBN)

Stockton Business Community: Optimistic About the Future After Bankruptcy
(DBN)

Stockton Bankruptcy Eligible, Implications for San Bernardino
(DBN)

Stockton Needs `Realism' on Pensions, Spiotto Says
(DBN)

Pension Issue Still Alive Despite Stockton Bankruptcy Decision
(DBN)

Stockton bankruptcy sends chilly message to muni bondholders
(DBN)

Stockton, Calif., bankruptcy ruling provides some clarity-Moody's
(DBN)

Muni Bankruptcies Set Up War Between Pensioners And Bondholders
(DBN)

Heated nine-hour Stockton council meeting centers on bankruptcy
(DBN)

San Bernardino: City loses another department head --- San Bernardino: Ruling in Stockton bankruptcy bodes well
(DBN)

Pontiac emergency manager to restore City Council's pay
(DBN)

Bankrupt Central Falls Doled Out Raises To City Workers
(DBN)

The Best Urban Cities To Retire In 2013
(DBN)

______________

Hedge Funds:

Report: Soros Has Asked To Pull Hundreds Of Millions From Bill Ackman
(DBN)

______________

Banking:

Barclays Report Faults Bonuses, Lehman Buy for Bad Decisions
(DBN)

Barclays Should Have More Board Members With Banking Experience
(DBN)

JPMorgan Wins Round in Dexia SA Mortgage-Bond Lawsuit
(DBN)

Cohn Says Banks Other Than Goldman, JPMorgan Retrenching
(DBN)

More Legal Woes Imperil Bank Profits
(DBN)

JPMorgan Court Win Changes Banks' Liability Picture
(DBN)

Libor probe continues in New York
(DBN)

UniCredit's Ghizzoni Favors Using Big Deposits in Bank Failures
(DBN)

______________

Debt Collection:

American Banker Story Says it Will Lay Out How CFPB Exams Will Change the Debt Collection Industry
(DBN)

Hospital collections firm Accretive Health replaces its CEO
(DBN)

______________

Economy:

ADP Data Shows US Economy Added Fewer Jobs Than Forecast --- Hiring in March slowest in five months
(DBN)

Treasuries Rise as Jobs, Services Data Miss Forecasts
(DBN)

A Recovery for Some, Not for All
(DBN)

Super Rich Hold $32 Trillion in Offshore Tax Havens
(DBN)

Help shrinks as poverty spikes in the US
(DBN)

Sequester Hits Amid Widespread Poverty
(DBN)

Unmarried Couples Living Together Is New U.S. Norm
(DBN)

Bullard Says Fed 'Full Steam Ahead' With Bond Purchases
(DBN)

Paul O'Neill: Fed Policy is a Drug
(DBN)

Financial discipline grows 5 years after crisis
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Year-Over-Year Home Prices Up 10.2% In February
(DBN)

Review of Botched U.S. Foreclosures Beset by Missteps, GAO Says
(DBN)

Mortgage firms turn attention to worst performing loans
(DBN)

Downtown NYC Office Vacancies Fall
(DBN)

Soaring CMBS issuance feeds off market momentum
(DBN)

CMBS Delinquency Rate Ticked Upward In March
(DBN)

Reis: Apartment Vacancy Rate declined to 4.3% in Q1 2013
(DBN)

NY Real Estate That Lost Investors Billions
(DBN)

____________

Fraud:

TD Bank quietly settling Rothstein investor claims
(DBN)

Ex-Goldman trader Taylor turns himself in to authorities: sources
(DBN)

NY federal appeals court reinstates asset-hiding suit against billionaire hedge fund founder
(DBN)

Former NCAA investigator complains about Miami probe in emails
(DBN)

Former Stockbroker Pleads Guilty in IBM-SPSS Tipping Case
(DBN)

Atlanta School Teachers Are Being Prosecuted Like They're Mobsters --- Former 'Superintendent Of The Year' Could Go To Prison For 45 Years
(DBN)

The Witness At The Center Of The NY Mayoral Election Rigging Scandal Owes Citigroup $126 Million
(DBN)

Wells Fargo must face lawsuit tied to Medical Capital fraud
(DBN)

Report: $700 Million Missing In $1 Billion Katrina Fund
(DBN)

Miami writes to NCAA Division I committee on infractions, requests dismissal of infractions case --- Ex-investigator blasts NCAA in email thread to Shapiro
(DBN)

______________

Autos:

How the Fed Fueled Subprime Auto Loans
(DBN)

Auto Industry Stalls Out in Japan
(DBN)

History's Ten Worst Auto CEOs
(DBN)

______________

Retailing:

Did JC Penney CEO Johnson Take A 96% Pay Cut? A Look At His Finances --- When Turnarounds Go Wrong
(DBN)

No bonuses for JC Penney's executives
(DBN)

U.S. Shopping-Center Rents Climb as Less Space Is Added
(DBN)

______________

Celebs:

Kronk lawyers ask to question Casey Anthony in bankruptcy case
(DBN)

Kim Kardashian vs. Bankruptcy
(DBN)

12 Celebrities Who Come From Wealthy Families
(DBN)

Michael Jackson’s doctor sings bizarre jailhouse serenade to Anderson Cooper
(DBN)

______________

Maritime:

That Sinking Feeling: Lessons Gleaned From Recent Maritime Bankruptcies
(DBN)

______________

Lehman:

Lehman Brothers deal slashes Swiss unit's claims by billions
(DBN)

Lehman Bankruptcy Court Overrules UST Fee Objection and Reaffirms Confirmed Plan Provision
(DBN)

______________

Food/Beverage:

NatureSweet's purchase of EuroFresh approved
(DBN)

US Company on How to Go Broke Selling Vodka in Russia
(DBN)

______________

Politics:

Will Elizabeth Warren Be A Dragon Slayer Or A Deal Maker?
(DBN)

Obama Said to Return Part of Salary While Budget Cuts in Effect
(DBN)

____________

Corporate Reform:

Bankers Are Held Accountable for Their Actions
(DBN)

Bankers' Court Wins Could Come Back to Haunt Them
(DBN)

______________

Shipping:

'Significant Progress' for Chemical Shipper's Restructuring Plan
(DBN)

Oil-Tanker Rates Plunge to Six-Week Low as Vessel Glut Expands
(DBN)

______________

Poultry:

Farmers seek $9M from former Townsends owner
(DBN)

______________

Gambling:

AC casinos profits fell 27 percent in 2012
(DBN)

More snake eyes for Revel casino?
(DBN)

______________

Aviation:

Airline Mergers Chart New Course for Flying
(DBN)

______________

Entertainment:

Jon Lovitz Lawsuit Claims Partner Pushed L.A. Comedy Club Into 'Financial Disarray'
(DBN)

______________

Tax:

Ten Galling Tax Loopholes That Cost The US Government Billions
(DBN)

______________

Corporate Governance:

Women Break Through as U.S. Boardrooms Welcome Non-CEOs
(DBN)

______________

Health Care:

Cancer Clinics Turn Away Medicare Patients
(DBN)

______________

Mass Torts:

Bills pile up for meningitis victims
(DBN)

Claims Administrator Rebuffs BP's Effort to Stop Oil Spill Payments
(DBN)

Big Houston Law Firm Can't Shake Lawsuit
(DBN)

______________

Private Equity:

Large-Scale Private Equity Restructuring Has Begun - Triago
(DBN)

______________

New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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)

______________

Bankruptcy Statistics:

Alix Partners: 2013 North America Restructuring Outlook
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Plan Confirmation:

The Battle for Camp Bowie: A Fifth-Circuit Story of Artificial Impairment, Cramdown, and the Risks of Secured Creditors
(DBN)

______________

Automatic Stay:

Tenth Circuit Holds Tax Court Action Not Subject to Bankruptcy Automatic Stay
(DBN)

______________

Exemptions:

Homestead Exemption Does Not Apply if Home Is Held by Debtor's LLC
(DBN)

______________

UST:

Debtor Audits, RIP
(DBN)

______________

Recent Pleadings:

 

______________

Litigation:

Seven Things a Civil Trial Attorney Learned While Serving as a Juror
(DBN)

______________

Coal:

Patriot Coal Seeks to Trim Benefits for Nonunion Workers
(DBN)

Patriot Coal, Creditors Probe Firm's Spinoff
(DBN)

______________

Basketball:

Battle for the Kings: Seattle finishes its pitch, Sacramento ready to take the stage
(DBN)

______________

Golf:

Cherry Hill Twp. to bid on Woodcrest Country Club
(DBN)

______________

Pensions:

PBGC proposes easing 'reportable event' rule
(DBN)

______________

Steel:

RG Steel creditors' lawsuit request is flawed, executives say
(DBN)

______________

Alternative Energy:

Tesla Asked Buyers To Pay For Cars Early To Make It Profitable For The Quarter
(DBN)

Don't Trust Telsa's New Financing Stunt
(DBN)

Ailing Fisker agrees to slash claims against A123 --- Cuts Fisker Claim by 89%
(DBN)

______________

Student Debt:

What's it like living with six figures of student debt in America?
(DBN)

______________

Religion:

Archdiocese of Milwaukee to release sex abuse records
(DBN)

______________

Sovereigns:

'Vultures' must address plan, says US court
(DBN)

Argentina Taps $2.3 Billion Reserves to Pay International Loans
(DBN)

Argentine Bond Swap Theory: New York for Buenos Aires
(DBN)

More Pari Passu Judging Puzzles
(DBN)

______________

UK:

British Financial Industry Leak Reveals The Identities Of The Rich Who Hide Money Overseas
(DBN)

New complaints gateway for insolvency practitioners
(DBN)

Royal Bank of Scotland faces $6 billion investor action --- The future of securities litigation?
(DBN)

U.K. Services Strength Signals Recession Averted
(DBN)

______________

EU:

Bank watchdog warns on retail branches
(DBN)

The Only Way to Save the Euro Is to Weaken It
(DBN)

Bailout sends Cyprus on uncertain quest for new growth model --- Cyprus Girds For Deep Recession
(DBN)

Draghi Considers Plan B as Sentiment Dims After Cyprus Fumble
(DBN)

______________

PIIGS:

Irish Envoy Says Quinn Recovery May Aid Trade With Russia --- European Union Rebuffs Irish Pressure to Delay Stress Tests --- The Most Insane Chart Ever: Irish Mortgage Arrears --- Irish Search for Billionaire's Assets Leads to Russia
(DBN)

Greek business leader sees Cyprus crisis worsening Greek recession --- Greece Sells Properties Including London Consul's Townhouse
(DBN)

Italy seizes record 1.7 billion euro from single person
(DBN)

______________

Canada:

Toronto, Vancouver Home Sales Collapse
(DBN)

______________

France:

Hollande Seeks to Contain Damage From Ex-Minister's Bank Account
(DBN)

______________

Germany:

German regulators probe Deutsche Bank accounting - sources
(DBN)

______________

Japan:

Bank of Japan Shocks Markets
(DBN)

______________

MENA:

Kuwait Parliament Passes Law to Rescue Indebted Citizens
(DBN)

______________

Russia:

Former Moscow Banker Charged Over Bankruptcy
(DBN)

Russian officials can't track all wage-earners, or income taxes
(DBN)

______________

 

 

 

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2013