April 9, 2013

The Daily Bankruptcy News

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Law:

Litigation Finance: The Next Hot Trend? --- ‘Wild West’ of Lawsuit Funders Supports Divorcees to Soldiers
(DBN)

Howrey estate tussles with 50 law firms to cash in on ‘unfinished business’ --- Howrey trustee sues seven more law firms
(DBN)

Sedgwick General Counsel Named in Suit Over Alleged Race-Based Firing
(DBN)

Davis Polk Tops Bloomberg, MergerMarket Rankings for First Quarter of 2013
(DBN)

Weil, Debevoise, King & Spalding, Locke: Business of Law
(DBN)

This California Law School Has The Most Unemployed AND Most Indebted Students --- The Law Schools With the Highest Unemployment Rates --- Read this if you want a legal job
(DBN)

Which law schools fared best and worst in the latest ABA data?
(DBN)

Cooley Law loses bid to unmask online critic on appeal
(DBN)

March Madness: The Law Firm With the Brightest Future — Final Four
(DBN)

Atlanta: Same thing, different year: Slow growth becomes routine --- A look inside Atlanta firm financials
(DBN)

Work/Life Balance? LOL, You Think That’s a Thing?
(DBN)

‘Big-firm mediocre’ style of legal writing is oddly consistent, ‘curmudgeon’ writes
(DBN)

Unverified Stats and the Future — It’s Marketeer Season!
(DBN)

How to Realize the Anticipated Benefits From Law Firm Mergers
(DBN)

Why Law Students Should Probably Not Tweet About Killing Politicians
(DBN)

Colt Lawyers Claim They Were Denied Severance Packages
(DBN)

Married Lawyers on Moving From Big Firm to Boutique Law
(DBN)

U.S. Supreme Court to hear challenge to pretrial seizure of assets
(DBN)

Lawyer sues his bishop and four priests claiming they failed to properly exorcise flatulent demons in his house
(DBN)

Attorney Sues Good Ol' Law Firm
(DBN)

Ethics Of License Plates Explored
(DBN)

Man Buys Toy Poodles That Ended Up Actually Being Huge ...
(DBN)

Most Memorable Athletes' Mug Shots
(DBN)

Plan to impress girlfriend with phony divorce decree backfires for man charged with forgery
(DBN)

Thieves swipe 5 tons of Nutella spread
(DBN)

Ex-Warden: Texas Prison Gangs Are Colluding With Guards
(DBN)

Say What?!
(DBN)

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Judges:

Judges lead 'sheltered lives', warns Britain's most senior female judge
(DBN)

'Judge Judy' gets 2 more years with new TV deal
(DBN)

Judges can ask lawyers to lobby legislature for more court funding, state ethics panel says
(DBN)

Let cameras in, Ohio chief justice tells SCOTUS
(DBN)

Strine on M&A Litigation Settlements: 'Catfish Can't Get Much Lower' --- Delaware Supreme Court Judge Gives Strine Another Lash
(DBN)

Bankruptcy judge to manage Gulf spill victims' attorney fee disputes
(DBN)

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Wall Street:

 

Wall Street closes higher
(DBN)

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Layoffs:

Fisker Faces Lawsuit After Laying Off 75% Of Its Workforce
(DBN)

Labor Force Participation Rate Update
(DBN)

The vanishing American worker
(DBN)

Where Have All the Secretaries Gone?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mail:

What business gets more customers every year but keeps losing money?
(DBN)

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Retailing:

JCPenney Has A Black Hole And Doesn't Even Know It
(DBN)

Biggest JCPenney Shareholder: CEO’s Mistakes Put Retailer ‘Very Close to a Disaster’
(DBN)

Ron Johnson Out At JCPenney --- Hubris --- How Ron Johnson ruined JCPenney --- JC Penney Shares Explode Higher
(DBN)

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Engineering:

Trustee to oversee Birdsall engineering, bankruptcy judge rules
(DBN)

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Aviation:

Judge Approves AA-US Airways Merger; Reorganization Deadline Extended
(DBN)

Cyprus Airways teeters toward bankruptcy
(DBN)

Bahrain Air sued over liquidation
(DBN)

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Lehman:

Lehman Brothers opposes brokerage's settlement with German unit
(DBN)

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Fraud:

State Restitution Funds to Ponzi Scheme Victims: A Good Idea?
(DBN)

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Politics:

Report: Greensboro mayor files for bankruptcy --- Records show Perkins in debt $10.8 million
(DBN)

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Economy:

Fannie Mae Profit May Swell Treasury Coffers as Debt Limit Looms
(DBN)

Fed's Pianalto: Fed Must Be Mindful of Risks
(DBN)

The American Manufacturing Renaissance Is A Flop
(DBN)

Where Do The Rich And Poor Live?
(DBN)

Why The World's First Central Banker Got The Death Penalty
(DBN)

US Economy: The Rose Among Thorns
(DBN)

Why the Fed Can't Help Long Term Jobless
(DBN)

Bernanke: Stress Tests Made US Banks More Stable
(DBN)

More Signs The Economy Is Rolling Over All Around The World
(DBN)

How Much Americans Will Lose From The Payroll Tax Hike
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

How Does the U.S. Quit Housing When Fannie, Freddie Rake in Billions? --- Hedge Funds Wagering on Fannie Reincarnation
(DBN)

Military members to get $39 mln in home foreclosure settlement
(DBN)

Housing's Big Challenge: $1 Trillion in Student Debt
(DBN)

Existing Home Inventory is up 8.5% year-to-date on April 8th
(DBN)

Rhode Island's tallest building will soon go dark
(DBN)

Goldman's Pretty Weak Argument that “National” Home Prices Last Year “Really” Increased by 3-4%
(DBN)

UBS AG's Legal Woes Persist
(DBN)

Why the housing recovery hasn’t led to a hiring boom
(DBN)

CEO leads IStar back from brink of disaster
(DBN)

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Health Care:

Why Alzheimer’s Will Be The Fiscal Nightmare Of The Century
(DBN)

Rotech Healthcare Files for Bankruptcy to Reduce Debt
(DBN)

Mass. AG announces appointment of receiver to oversee financially-troubled RoxComp closure
(DBN)

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Newspapers:

US newspaper industry limits revenue drop to 2%
(DBN)

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Religion:

3 More Philly Priests Removed in Sex Investigation
(DBN)

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Corporate Reform:

Big Question in U.S. vs. S&P
(DBN)

Judge weighs fairness of Citigroup's $590 mln investor pact
(DBN)

Where regulators go to get rich
(DBN)

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Mass Torts:

Study: Oil-Eating Bacteria Mitigated Deepwater Horizon Oil Spill
(DBN)

BP: Negligent, but not grossly?
(DBN)

Lawyers ask hepatitis C jury to award $2.5 billion
(DBN)

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Municipalities:

New York state set to publish names of stressed municipalities
(DBN)

Bankrupt San Bernardino, creditors to meet in 'painfully slow' case
(DBN)

Detroit Resorts to Rent-A-Cops for Enforcement
(DBN)

Beware of easy municipal bankruptcies
(DBN)

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Gambling:

Louisiana casino operator amends bankruptcy filing to free up cash
(DBN)

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Oil/Gas:

SandRidge names new COO, to probe CEO's land deals
(DBN)

SandRidge sells aircraft, trims advertising spending to cut costs
(DBN)

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Corporate Reform:

U.S. Senate confirms Mary Jo White as SEC chairman
(DBN)

S&P: State AGs trying to usurp federal regulation of rating agencies
(DBN)

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Asset Protection:

Stash Your Cash
(DBN)

______________

Celebs:

Wesley Snipes finishes jail time for tax evasion
(DBN)

Bankruptcy lawyer seeks okay to auction Casey Anthony's tale
(DBN)

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Book Reviews:

" ... create a culture that transcends the current year's partner earnings," Steven J. Harper in "The Lawyer Bubble"
(DBN)

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Resorts:

Indicted Tamarack suitor's trial enters 4th day
(DBN)

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Coal:

Study: The coal industry is in far more trouble than anyone realizes
(DBN)

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Accounting:

Bankruptcy judge Karen Overstreet says Seattle accounting firm Moss Adams failed to comply with subpoena related to Frederick Darren Berg’s Ponzi scheme --- Moss Adams sanctioned over Meridian Mortgage subpoena
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (Temporarily unavailable today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (Temporarily unavailable 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:

Alabama has third highest per capita bankruptcy filing rate
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Court Finds Investment Advisor’s Payments to Customers Are Not Exempt From Avoidance Under Section 546(e)of the Bankruptcy Code
(DBN)

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Affiliates:

Just Because We’re Siblings Doesn’t Mean I Want to Be Affiliated with You!
(DBN)

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Claims Trading:

Purchasing and Modifying Discount Debt: What Dealmakers Should Know
(DBN)

______________

Plan Confirmation:

Can a Plan of Reorganization Separately Classify a Claim That Is Personally Guaranteed?
(DBN)

______________

Recent Pleadings:

 

______________

TBTF:

AIG Seeks to Toss Greenberg’s Challenge to U.S. Bailout
(DBN)

______________

Insurance:

Ambac Financial Has Settlement With IRS
(DBN)

______________

Alternative Energy:

Fisker Struggles Mark Blow to Obama’s Electric-Car Goal --- Fisker sued for sudden layoffs
(DBN)

SolarWorld Lays Off Oregon Workers, Bankruptcy May Follow
(DBN)

______________

Sovereigns:

Some holders of Argentine debt would welcome swap
(DBN)

______________

UK:

Contingent claims – should the liquidator wait for the contingency to occur?
(DBN)

Agency relationship or a relationship of seller and buyer?
(DBN)

How undistributed assets under a scheme of arrangement should be treated
(DBN)

Marshalling securities where there are two debtors
(DBN)

When can a claim for transaction at an undervalue succeed?
(DBN)

Iceland versus Scotland: what happens when two inconsistent insolvency regimes clash?
(DBN)

Boot Camp: Late Payment Issues Construction Contracts
(DBN)

Late Payments: EU Directive Implemented
(DBN)

A practical guide against counterparty and third party default
(DBN)

Donns administration extended as final terms of Irwin Mitchell deal emerge
(DBN)

Margaret Thatcher Was Freakishly Correct About Why The Euro Would Be Such A Big Disaster --- Before Thatcher Came To Power, The UK Was Literally Covered In Gigantic Piles Of Garbage
(DBN)

______________

EU:

Will Europe Listen to Lew on Growth?
(DBN)

______________

PIIGS:

Greek bank stocks plunge as merger is frozen
(DBN)

Spanish bankruptcies hit record in first quarter of 2013
(DBN)

Portugal must stick to agreed budget targets to get loan extension, EU --- Pain bites into Portuguese life as crisis deepens
(DBN)

Nama seeks to join Dunne bankruptcy case
(DBN)

______________

Canada:

Canada Loses 54,500 Jobs
(DBN)

______________

Germany:

German output rises moderately as industry recovers
(DBN)

German exports 1.5 percent lower in February
(DBN)

______________

MENA:

The restructuring and corporate recovery market in the UAE
(DBN)

______________

Korea:

Comparison Of Life In North Korea And South Korea
(DBN)

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Copyright 2013