August 19, 2013

The Daily Bankruptcy News

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Law:

Howrey Estate In Major Settlements with Baker, Citibank --- 'Monumental' Settlements
(DBN)

Treat your business like a business
(DBN)

Citi First-Half Report Finds Firms Facing Flat 2013
(DBN)

Laws Make Strange Bedfellows
(DBN)

Four Ways to Close the Gender Pay Gap
(DBN)

Receiver Sues Blank Rome Over Document Production
(DBN)

Firms Get Leaner and Cheaper Amid Boston's Slow Rebound
(DBN)

Lawyer Deserves a Lambo
(DBN)

Law firms can’t describe ‘specialties’ on LinkedIn, New York ethics opinion says
(DBN)

Seven Suggestions For Faking It At Work
(DBN)

Flexible-Hour Jobs For Lawyers Are Nothing New
(DBN)

This Law School Doesn’t Want People To Know Its Grads Fail The Bar Exam 93 Percent Of The Time
(DBN)

Much-Maligned Law School Conducts Faculty And Staff Layoffs
(DBN)

An end to tenure at law schools ?
(DBN)

Law Schools Gain Greater Autonomy
(DBN)

US News keeps publishing deeply misleading law school employment statistics
(DBN)

Possible Evidence Of The Law School Brain Drain: Now In A Helpful Chart
(DBN)

Divining the Future of Law & Legal Technology in Vegas
(DBN)

Disbarred lawyers who seek reinstatement have a rough road to redemption
(DBN)

NSA Violations of Privacy Rules Outrages Congress --- Spy Limits Gain Momentum as NSA Violations Spur Congress --- Media Misled About Snowden Situation --- Wikileaks Just Released A Massive 'Insurance' File That No One Can Open --- New Utah NSA center requires 1.7M gallons of water daily to operate
(DBN)

Priest Being Robbed By Two Men At Gunpoint Defiantly Tells Them 'Shoot Me'
(DBN)

Forty pythons found in motel room
(DBN)

'Pastafarians' Detained
(DBN)

Good Samaritan Helping Crash Victim Has Car Stolen
(DBN)

Preview For Next Week's 'Breaking Bad' Episode
(DBN)

NY Meter Maid Steals 840,000 Quarters
(DBN)

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Judges:

Surveillance court chief says it must rely on government to provide accurate information
(DBN)

The Eyes of the Law: Justice O’Connor Goes To The Grocery
(DBN)

Judge Who Threatened Lawyers Reprimanded By Judicial Conduct Commission
(DBN)

Blind judge adjourns sentencing so colleague can decide how serious child p--- video is
(DBN)

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Wall Street:

U.S. Stock -Index Futures Little Changed
(DBN)

Dow falls more than 200 points as investors weigh growth, stimulus
(DBN)

JPMorgan Suit With Bear Stearns Liquidators Is Ended
(DBN)

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Layoffs:

 

Texas added 19,900 jobs in July as the unemployment rate stayed flat --- California adds 38,100 jobs in July, but jobless rate rises to 8.7%
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

The Broke and the Beautiful: Giudice Edition
(DBN)

Antoine Walker Bankrupt Update: Debt-Free? Former NBA Star Opens Up About Financial Crisis, Says He's Ready To Move On
(DBN)

CNET Founder, Halsey Minor, Sings Bankruptcy Sale Blues
(DBN)

A-Rod Ratted Out Other Players to Save Self
(DBN)

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Lehman:

JPMorgan in $23 million settlement with clients over Lehman
(DBN)

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Golf:

Lockhaven no longer country club
(DBN)

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Hotels:

Bankruptcy trustee pondering $2.1 million high bid for Red Rose
(DBN)

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Photography:

UST objects to Kodak exit plan
(DBN)

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Environmental:

Ore. agency fines defunct company, principals, $790,062 for walking away from dump that burns
(DBN)

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Food/Beverage:

Bankruptcy baron to 'finally pay the piper'
(DBN)

Processing plants look to laid-off plant employees
(DBN)

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Rail:

Class-action suit initiated against Maine company in train crash
(DBN)

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Art:

Artists find inspiration in Detroit woes
(DBN)

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Corporate Governance:

Buccola on Insolvency & Fiduciary Duty
(DBN)

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Distressed Investing:

Global Restructure Expert Wilbur Ross - Second Quarter Update
(DBN)

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Economy:

US Treasury yields reach two-year high; shares fall --- Treasury Yields Rise to Highest Since 2011 on Fed Policy Outlook
(DBN)

Economist: Bonds Are Getting Crushed Due To Fears Of Larry Summers --- Summers-led Fed might raise rates faster than Yellen
(DBN)

Obama Focuses on Risk of New Bubble Undermining Broad Recovery
(DBN)

US consumer sentiment much lighter than expected in August
(DBN)

Dollar struggles to gain traction ahead of Fed minutes
(DBN)

This Week's Key Economic Events
(DBN)

Will Janet Yellen Make A 'Play' For The Fed Chairmanship This Week?
(DBN)

Fed Chairman Debate Pits Insider Against Outsider
(DBN)

How Much The Average American Works Each Year Compared To The French, The Germans, And The Koreans
(DBN)

American Rail Traffic Is Gaining Momentum
(DBN)

Love Your Job? Thank Your Country
(DBN)

Who are the "squeezed middle"?
(DBN)

US Government Budget Cuts Set to Unveil Lowest Deficits in Years
(DBN)

US Has More Austerity Than You Thought
(DBN)

President Obama to meet with financial regulators Monday
(DBN)

America's Growing Income Inequality Problem
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

California Eminent Domain Isn't Government Run Amok
(DBN)

Nonprofit delaying defaults on clients' homes through layered scheme
(DBN)

Stalled Big Isle project might be revived
(DBN)

JPMorgan's next legal minefield: Mortgage bonds
(DBN)

Plano prosecutors get a big award from the boss for mortgage fraud cases
(DBN)

Blowing The Whistle On Foreclosure Lawyers
(DBN)

San Francisco: Apartments converting back to condos
(DBN)

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Aviation:

Saying No the Flighty American-US Airways Merger Deal --- Government suddenly slams door on airline merger --- How an Airline Deal Became a Merger Too Many --- Analysts: American can fly solo, but would be stronger with US Airways --- Justice Department To Airlines: Your Days Of Mega-Consolidation Mergers Are Over --- Learning to Fly? --- DoJ's Antitrust Suit Against American Isn't Anti-Business
(DBN)

3 Things You May Not Know about the US Airways-American Airlines Merger Lawsuit
(DBN)

Airline Merger Lawsuit Reflects Buyer's Remorse for DOJ
(DBN)

Fitch: US Airways-AMR Merger Block May Be Positive for Airports
(DBN)

Where does Justice suit leave American, US Airways?
(DBN)

NTSB: Crashed UPS Cargo Jet Was Flying On Autopilot Seconds Before Impact
(DBN)

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Tax:

Lawyer Pleads Guilty in Tax Probe --- Swiss lawyer pleads guilty in tax probe; indictment details how he helped US clients hide money
(DBN)

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Municipalities:

The Role of the State in Supervising and Assisting Municipalities, Especially in Times of Financial Distress
(DBN)

Creditors face deadline in Detroit bankruptcy case --- Braced to Remake Itself, Detroit First Awaits Challenges to Bankruptcy Eligibility --- Pension boards plan to object --- Detroit's eligibility for Ch. 9 at issue
(DBN)

Eligibility challenge: Other bankruptcy cases hint at what's next for Detroit
(DBN)

The Detroit bankruptcy and the US Constitution
(DBN)

Detroit Bankruptcy Likely to Spark a Pension Brawl - Test Case of How Far a City Can Go in Shedding Retiree Costs
(DBN)

Hundreds of millions of dollars in legal fees still pocket change in Detroit bankruptcy
(DBN)

Studies back Kevyn Orr's pension warnings --- How bad is Detroit's pension situation? Depends who you ask --- Detroit fire, police pension board blasts report's claim of underfunding
(DBN)

Detroit bankruptcy judge orders mediator to handle union talks --- Union deals, creditor claims head to mediation in Detroit's bankruptcy
(DBN)

Municipal Bondholder: 'I Just Can't Give Up On Detroit '
(DBN)

Detroit's woes present opportunities
(DBN)

'Strong case' seen for Detroit general-obligation bonds paying 100 percent
(DBN)

In the Detroit Bankruptcy , There's Sacrifice But It's Not Shared
(DBN)

We Can Save Detroit by Salvaging Its Parts
(DBN)

Detroit's woes present opportunities
(DBN)

Bankruptcy's impact felt across Michigan --- Who to blame if Detroit bankruptcy hurts Michigan cities' bond ratings?
(DBN)

Munis, Michigan, And The Consequence of Choice
(DBN)

NYT: Detroit Bankruptcy Shows How Wall Street Wins
(DBN)

U-M professor says Detroit leaders could take lessons from a Mt. Everest climb
(DBN)

Reasons for hope in Detroit's bankruptcy
(DBN)

DIA treasures no longer priceless --- Online petition seeks to turn DIA into a national monument --- Christie's appraisal will reveal value of Detroit Institute of Arts' collection
(DBN)

Online petition calls for Orr's resignation over 'dumb, lazy' comments
(DBN)

Living in car with sons, Detroit woman embodies city's challenges
(DBN)

Detroit bankruptcy : What ails American manufacturing cities?
(DBN)

What kills US cities
(DBN)

Detroit's fall must lead to a federal policy on cities
(DBN)

Senator Kirk Says Illinois Showing Bankruptcy Signs
(DBN)

Bond rating agency cites risks in Jefferson County's bankruptcy exit plan
(DBN)

Detroit is only the start
(DBN)

5 biggest municipal bankruptcies in the U.S.
(DBN)

The Court That Broke Jersey
(DBN)

The Dark Side of North Dakota’s Oil Boom
(DBN)

How Detroit's breakdown will hit you
(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 (33 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Jurisdiction:

Jurisdictional Uncertainties Complicate Debtor Class Actions --- What's a Class Action Plaintiff To Do?
(DBN)

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Avoidance Actions:

Statute of Limitations on Avoidable Preference Actions
(DBN)

Fraudulent Transfer: “Reasonably Equivalent Value” Meets the Internal Revenue Code
(DBN)

____________

TBTF:

Feds Want to Block Bernanke from Testifying in AIG Case
(DBN)

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Litigation:

Comment Period For Proposed Amendments To Discovery Rules Begins
(DBN)

Scheindlin Not Charmed When Revisiting Spoliation a Third Time
(DBN)

Analyzing the Fundamentals of Litigation Funding
(DBN)

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Non-Profits:

Newark bankruptcy judge will name trustee to dig into foundation run by Fredrica Bey
(DBN)

____________

Coal:

Patriot Coal ratified labor agreements
(DBN)

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Health Care:

Small Idaho hospital emerging from bankruptcy
(DBN)

De Blasio Tackles Brooklyn Hospital Crisis — And Cuomo
(DBN)

Arrogant Emergency Room Doctor Ruined Her With Facebook Photos, College Student Says
(DBN)

____________

Compensation:

In praise of across-the-board bonuses
(DBN)

____________

Fraud:

Couple seeks to dodge Ponzi clawback suit
(DBN)

____________

Rating Agencies:

S&P to Fight for Evidence U.S. Suit Was Political Payback
(DBN)

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Cross-Border:

KPMG: Insolvencies change the investment landscape
(DBN)

____________

Banking:

AnchorBanCorp Settles SEC Fraud Charges
(DBN)

Testimony Recounts Trials, Tribulations at Metropolitan National Bank --- Metropolitan National Bank Auction Cleared To Begin in September
(DBN)

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Buses:

Hybrid, electric bus maker files for bankruptcy
(DBN)

____________

UK:

Kerry Katona won't have lavish wedding
(DBN)

Knives out for King of Knives as retail chain enters administration
(DBN)

____________

EU:

Europe's False Recovery
(DBN)

____________

PIIGS:

AIB insolvency experts to target struggling SMEs
(DBN)

Bad Loans In Spain Surge To A New Record
(DBN)

____________

Canada:

Canada allows railway behind disaster to operate
(DBN)

____________

China:

China's Rising Home Prices Unstoppable
(DBN)

China's insolvent toxic-waste dump Cinda for sale
(DBN)

Abandon ship? Not so fast
(DBN)

China Begins Stealth Spending Spree To Prop Up Economy
(DBN)

____________

MENA:

Egypt army chief al-Sisi: Room for all in Egypt --- Army Chief: New clashes won't be tolerated --- Egypt protest marches could bring more bloodshed --- What's Next For Egypt : 3 Scenarios --- Obama Struggles To Find Effective Egypt Policy --- Saudi king backs Egypt's military --- Egyptian bloodbath threatens crucial routes for oil and gas supplies --- Militants kill 25 Egyptian policemen in Sinai --- Christian shops marked ahead of church attack --- Islamist mob parades nuns in Cairo as prisoners of war
(DBN)

Bahrain's Arcapita sells logistics firm for $365m
(DBN)

____________

Poland:

Poland: Bankruptcies at 10-year high
(DBN)

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