August 21, 2013

The Daily Bankruptcy News

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Law:

Law School Applications Continue To Tumble --- Drop nearly 18 percent
(DBN)

Why Face Time Is More Important Than Ever — For Partners
(DBN)

A new analysis allows law departments to compare rates by firm size, location, and more
(DBN)

Solving the Law Firm Gender Gap Problem
(DBN)

ABA Softening Stance On Sharing Fees With Non-Lawyers
(DBN)

Biglaw Might Be The Only Way You’ll Ever Afford Child Care --- Lawyer earns 50 cents after footing the child-care bill
(DBN)

Is This Lawyer More Successful In The Bedroom Than The Office?
(DBN)

Examiner Picked to Review Detroit Bankruptcy Legal Fees --- Bankruptcy Watchdogs Seek Greater Scrutiny of Legal Fees
(DBN)

Alexandra Marchuk v. Faruqi & Faruqi: The Latest Allegations
(DBN)

Wanna be lawyer selfies
(DBN)

Arthur R. Miller becomes of counsel at the Lanier Law Firm
(DBN)

The Great Above the Law/Kaplan Bar Crawl Review
(DBN)

Nation's Newest Law School Prepares to Open its Doors
(DBN)

15 Stupid Reasons To Date A Lawyer
(DBN)

Austin: "Top Solo" Attorney seeks $10/Hour Paralegal
(DBN)

Law firms trail accountants on IT by 'several' years
(DBN)

Law school curriculum undergoes sweeping changes at Case Western Reserve University
(DBN)

Man Who Kidnapped California Teen Left $112,000 Life Insurance Policy To Her Grandmother
(DBN)

Identical Twins Both Charged Because Prosecutors Couldn't Tell Their DNA Apart
(DBN)

Attorney Alleges Odd, Frightening Encounter With "Large and rough men from New York"
(DBN)

3 Oklahoma Teens Allegedly Killed College Baseball Player Because They Were Bored
(DBN)

Cops: 'Bored Out Of His Mind' Teen Shoots Kittens With Bow & Arrow
(DBN)

Report: The NSA Is 'Overwhelmed' As It Still Doesn't Know Everything Snowden Took
(DBN)

'Orange Is The New Black' Exposes The Bizarre Retail Market Inside Of Prisons
(DBN)

State Forces Rape Victim Into Long Relationship With Rapist
(DBN)

Woman Falsely Accuses Man Of Rape And Sends Him Away For Four Years Before Recanting . . . Given 60 Days In Jail . . . To Be Served On Weekends
(DBN)

Angry ex-wife pays divorce settlement in pennies
(DBN)

Drug that caused Michael Jackson’s death will be used in Missouri executions
(DBN)

Say What?!
(DBN)

______________

Judges:

Justice Scalia: My Decisions Are Sometimes 'Stupid And Even Cruel'
(DBN)

Scalia: SCOTUS should not ‘invent new minorities’ --- Scalia Says Court Invented the Gay Minority. Women, He’s on to You, Too.
(DBN)

SCOTUS Rules, Nobody Drools
(DBN)

Justices send each other paper memos, not email messages, Kagan says
(DBN)

Not only did the Justices talk about violent video games–they played them!
(DBN)

Don’t fall for phone scam targeting ‘potential jurors’, warns federal judge
(DBN)

Defendants sport spandex and pajamas in Vegas courthouse, to the exasperation of judges
(DBN)

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Wall Street:

US Stock Futures Signal Mixed Open
(DBN)

Dow drops for fifth straight day; S&P 500 rises
(DBN)

Former Wall Street Intern: I Had 2 Days Off All Summer, And Spent Grueling Nights Downing 5-Hour Energy Drinks --- BofA intern dies, worked 3 straight days: Reports
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

Goldman Sachs Said to Send Stock-Option Orders by Mistake
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Hedge Funds:

SEC orders hedge fund manager to pay $18 million
(DBN)

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Banking:

Has the Fed gone too far on bank stress tests?
(DBN)

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Pharma:

Key hearing in K-V Pharmaceutical bankruptcy set
(DBN)

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Food/Beverage:

East Coast Brokers auctions glean $55 million
(DBN)

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Coal:

Judge OKs Patriot Coal, miners' union deal
(DBN)

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Electricity:

PG&E Says Explosion Penalty May Drive It to Brink of Bankruptcy
(DBN)

California Considers If PG&E Penalty Is Worth Bankruptcy
(DBN)

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Student Debt:

Center for American Progress Proposes Reforming Bankruptcy Laws to Include Student Debt
(DBN)

How Qualified Student Loans Could Protect Borrowers and Taxpayers
(DBN)

How Changing Bankruptcy Laws For Student Loans Could Revitalize The Economy
(DBN)

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Consumer Finance:

A Few Things to Consider Before Federal or State Regulators Cave to Requests of Tribal Lenders to Back Off
(DBN)

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Economy:

Is 'chaos' ahead? Some truths about Fed policy
(DBN)

Survey: Health Insurance Costs Outpace Wage Gains
(DBN)

More Than 8 in 10 Americans Prioritize Paying Down Debt Rather Than Saving for the Future, According to Survey from American Consumer Credit Counseling
(DBN)

Minimum Wage Around the World
(DBN)

The White House’s anti-Yellen sexism
(DBN)

Stiglitz: 6 Lessons of the Credit Crisis
(DBN)

How Americans Really Feel About Each Other
(DBN)

The cult of central bankers has run its course
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Pricey homes in Richmond's eminent domain plan --- Richmond stirs more controversy with its eminent domain plan --- Eminent Domain Plan to Seize Underwater Mortgages Could Sink City
(DBN)

Third Circuit Permits Reopening of Reorganization Case to Enforce Debtor's Purchase Option in Real Estate Lease
(DBN)

Property Tax Interest Rate: Does “Nonbankruptcy Law” Include Law Specifically Limited to Bankruptcy?
(DBN)

Robo-Attorney Suspended
(DBN)

Freddie, Fannie Should Admit Bad Loans Now
(DBN)

How A Pennsylvania Homeowner Nearly Lost Her Home Over A $6 Tax Bill
(DBN)

Rothstein Trustee Jockeys For Position In Bankruptcy Of Former Versace Mansion
(DBN)

____________

Mass Torts:

Wall Street Journal rips judge in Garlock trial --- A federal judge helps the trial bar keep its claims evidence secret
(DBN)

____________

Aviation:

Union for American Airlines flight attendants is urging members to contact AGs
(DBN)

Are lawyers the winners in airline merger lawsuit?
(DBN)

Avantair To Be Liquidated, Trustee Tracking Down Assets
(DBN)

____________

Retailing:

JC Penney earnings worse than expected, but hope endures --- J.C. Penney Says Sales Improving After $586 Million Loss
(DBN)

It's Clear That JCPenney Is Doomed When All Its Core Customers Die
(DBN)

Hedge Funder Kyle Bass Is Betting On JC Penney
(DBN)

Home Depot earnings jump 17%, aided by housing recovery
(DBN)

Lowe's Wins Court Approval to Buy 72 Orchard Supply Stores
(DBN)

Barnes & Noble stock plunges on poor earnings --- Buyout bid fizzles
(DBN)

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Municipalities:

Pensioners Push Back During Detroit's Bankruptcy Deadline --- Detroit union attacks city's bankruptcy as 'unconsitutional'
(DBN)

Detroit's bond creditors skip initial bankruptcy fight
(DBN)

Eleventh Hour Motion to be Filed in EM Challenge
(DBN)

How broke is Detroit ? It all comes down to math
(DBN)

Before Detroit's Bankruptcy Proceeds, a Question of Eligibility
(DBN)

Abandoned Dogs Roam Detroit in Packs as Humans Dwindle
(DBN)

Bankruptcy fees cost Detroit $12.8M so far
(DBN)

Judges selected to help with Detroit bankruptcy mediation --- Judge Creates Team to Help Mediate Bankruptcy Fights
(DBN)

Patterson: Oakland Co. will pull DIA funding if museum sells art
(DBN)

Hands off Detroit’s final treasures!
(DBN)

Detroit Institute of Art Collection--Available to Creditors?
(DBN)

Don’t Save Detroit — Sell It
(DBN)

Detroit judge to consider 'swaps' settlement
(DBN)

What Detroit can learn from cities that fell (and survived)
(DBN)

Insurance Ratified as Detroit Fuels Biggest Rally
(DBN)

Detroit retirees being interviewed to serve on bankruptcy case committee --- Advisory Committee Formed To Represent Interests Of City Retirees
(DBN)

Mediation session scheduled in Detroit bankruptcy
(DBN)

Racers Drift Through Detroit’s Ruins
(DBN)

Michigan Offering 4.5% Yield on School Notes Shows Detroit Stain
(DBN)

Corporate-Bond Investors Shrug Off Detroit’s Blues
(DBN)

US Cities Watching Detroit Bankruptcy , Houston's Mayor Says
(DBN)

How to Low-Ball a $4.4 Trillion Pension Hole
(DBN)

New Jersey’s People Of The Woods
(DBN)

POLL: How Americans Feel About The States
(DBN)

____________

Gambling:

Casino takeover plot alleged in Miami Jai-Alai bankruptcy --- Jai-Alai Operator Seeks Bankruptcy After Lender Dispute --- Miami Jai-Alai bankruptcy facts: 500 jobs at stake
(DBN)

Analysts say Caesars' asset shift may presage bankruptcy filing
(DBN)

____________

Celebs:

Flo Rida rides past lawsuit served via Facebook
(DBN)

____________

Tech:

Endicott Interconnect to sell off assets
(DBN)

____________

Engineering:

Birdsall trustee sues former executives over $36M loss
(DBN)

____________

Trucking:

Bankruptcy plan ending sour Haslam investment
(DBN)

____________

Waste:

Synagro Recovery Plan Approved With $480 Million Sale
(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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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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Interest:

Plan Committee Gambles on Postpetition Interest and Loses: Ninth Circuit Finds that Section 502(b)(2) Does Not Stop Accrual of Postpetition Interest for Non-Debtors
(DBN)

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Committees:

Bankruptcy attorneys interview candidates for Detroit retirees committee
(DBN)

____________

Substantive Consolidation:

Deemed substantive consolidation: The chapter 11 equivalent of "slightly pregnant"?
(DBN)

____________

Professional Compensation:

Lawyers To Face Greater Scrutiny On Bankruptcy Bills
(DBN)

____________

TBTF:

Ally to raise capital, buy back stock from US --- Ally to pay taxpayers $5.2B for bailout
(DBN)

Too Big to Monitor
(DBN)

____________

Photography:

Kodak Bankruptcy Reorganization Approved by NY Judge
(DBN)

Kodak Ends 125 Years in Photography Industry --- Returns as 'very different' printing company
(DBN)

____________

Corporate Reform:

Justice Department Plans New Crisis Cases
(DBN)

Obama presses for action on bank rules
(DBN)

It's In The Contract: Why Falcone Should Have Beat The SEC
(DBN)

Citing Dictionary, Rakoff Turns Up the Heat on Banks
(DBN)

Many Wall St. Banks Woo Children of Chinese Leaders
(DBN)

___________

Politics:

Ted Cruz to Renounce Canadian Citizenship --- May have to wait eight months to stop being Canadian
(DBN)

____________

Telecoms:

Personal Communications Devices files for Chapter 11
(DBN)

BlackBerry Headed for Breakup Amid Phones Woes
(DBN)

___________

Metals:

AEP presses for federal court to deny Ormet loan request
(DBN)

____________

Banking:

JPMorgan pledges to clean up legal woes
(DBN)

Bankers' Professional Liability Insurance Does Not Cover Overdraft Fee Class Action Settlement
(DBN)

____________

Health Care:

CCRC Conundrum: Using Bankruptcy to Overcome Financial Instability
(DBN)

Interfaith healing: Bankrupt Brooklyn hospital leads city in citations
(DBN)

Judge Upends Closure of Long Island College Hospital
(DBN)

2013 Employer Health Benefits Survey Results
(DBN)

____________

Sovereigns:

Pari Passu's Caribbean Detour
(DBN)

____________

UK:

The fallen tycoon, his penniless ex-wife, and the latest twist in the multi-million pound divorce battle from hell
(DBN)

Are Britain's barristers living on borrowed time?
(DBN)

McCarthy & Stone completes debt restructuring
(DBN)

Gherkin co-owner files for form of bankruptcy
(DBN)

EastEnders star Laila Morse declared bankrupt
(DBN)

Scotland: Business insolvencies fall in July
(DBN)

Insolvencies rise across South East
(DBN)

____________

PIIGS:

Germany says Greece will need more support --- Greek yields hit three-week highs as Germany says third bailout needed
(DBN)

Dunne accused of stonewalling during US bankruptcy hearing
(DBN)

Italy: Court clarifies extent of tribunal powers over creditor composition procedure
(DBN)

____________

Mexico:

Mexico drops growth forecast amid economy slowdown
(DBN)

____________

Germany:

IVG to Ask Court to Oversee $4.3 Billion Debt Restructuring
(DBN)

____________

 

 

 

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