August 9, 2013

The Daily Bankruptcy News

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Law:

Wells Fargo: Anemic Growth in BigLaw in 2013
(DBN)

Which Law Schools’ Grads Run Biglaw? Infographic
(DBN)

The Incredible Shrinking Biglaw Summer Associate Class Size
(DBN)

Former Baker McKenzie partner is sentenced to prison; prosecutors cite deterrent for BigLaw lawyers
(DBN)

Judge won't enforce 'usurious' retainer pact, blasts law firm for 'condescending' tone of filings
(DBN)

Lawyer’s claimed mid-trial DUI arrest set-up by opposing counsel leads to panel review of many cases
(DBN)

‘Strategic flirtation’ study finds it’s more common at law firms with competitive cultures
(DBN)

The Billable Hour vs. The Retainer
(DBN)

Jacoby & Meyers Builds Platform in the U.K. for a Global Build-Out
(DBN)

Concierge, cars and cash for couples - the benefits of being a UK top 50 partner
(DBN)

ATL Summer Associate Event Contest (2013): The Finalists
(DBN)

‘Opt-out’ professionals go back to work, but for some it’s a struggle
(DBN)

Lawyer Learned the Hard Way to Appreciate Her Employees
(DBN)

City Fails Math — Takes Lawyer To Court Over $50
(DBN)

A Law License Is A Terrible Thing To Waste
(DBN)

The Of-Counsel Carousel
(DBN)

How To Toot Your Own Horn At Work Without Seeming Obnoxious
(DBN)

What’s More Racist? The Trouble With Low Bar Passage Rates At Historically Black Law Schools
(DBN)

Cuckolded Attorney Sues Ex-Fiancée For Behavior ‘Intolerable In a Civilized Society’
(DBN)

The Suspect Was "Minding His Own Business, Burning A Bible Near The Side Of The Roadway."
(DBN)

New Jersey Man, 32, Busted For Assaulting Woman During Diner Melee Caught On Tape
(DBN)

Long Before BALCO And Biogenesis, John Gotti Knew That "You Must Take Steroids!" To Be A Baseball Star
(DBN)

Report: Khloe Kardashian 'attacked lawyer' during motel confrontation
(DBN)

Texas Clarifies That It Discriminates Against Democratic Voters, Not Minorities
(DBN)

The 16 Most Jaw-Droppingly Insane Moments From 'Breaking Bad'
(DBN)

Law firm secretary faces $1 million theft, forgery charges
(DBN)

Mug Shots
(DBN)

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Judges:

3 relatives of courthouse shooter indicted, feds say cyberstalking resulted in death of victim
(DBN)

Are businesses and individuals giving up on the courts? Yes, and it’s ‘a disaster,’ judge says
(DBN)

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Wall Street:

US Stock -Index Futures Decline
(DBN)

Markets Are Sliding Around The World
(DBN)

Stock indexes rebound on U.S. jobless claims
(DBN)

Guy Hanging Out Near Goldman Sachs Handing Out Donuts And Coffee For A Job
(DBN)

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Layoffs:

US claims tick up, but near post-recession lows
(DBN)

4 Reasons Why Millions Of Americans Are Leaving The Workforce
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

Sacred Heart Hospital paid $5 million to owner's ventures
(DBN)

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Hockey:

Report: NHL May Take Over Devils to Prevent Bankruptcy --- Source: League unlikely to seize Devils
(DBN)

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Glass:

Dlubak Corp. Files for Chapter 11
(DBN)

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Coal:

Patriot Coal reaches agreement with DIP lenders
(DBN)

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Aviation:

Final voting results of the American Airlines plan of reorganization
(DBN
)

AMR defends $19.9 million severance for chief executive
(DBN)

Avantair execs locked out of offices
(DBN)

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Furniture:

Analyst foresees liquidation for Furniture Brands
(DBN)

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Telecoms:

Lawyers for Falcone, Ergen and LightSquared Spar Over Lawsuit
(DBN)

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Rail:

Maine officials say rail lines will remain open
(DBN)

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Health Care:

The Republican Party Isn't Totally Insane On Obamacare
(DBN)

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Economy:

Jobless Claims in US Fall Over Month to Lowest Since 2007
(DBN)

Fed’s Fisher Says Bond Purchases Should Slow in September
(DBN)

Consumers Boost Borrowing for Cars, Education
(DBN)

Q2 2013 GDP Details: Single Family investment increases, Commercial Investment very Low
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Is Mortgage Seizure Plan a Win-Win or Lose-Win?
(DBN)

US warns against eminent-domain mortgage seizures
(DBN)

House finance regulator mulls action on "eminent domain" mortgage seizures
(DBN)

Cornell Prof, Ex-S&C Lawyer Hatched Plan to Seize Mortgages
(DBN)

Investor Group Calls Richmond, Calif., Eminent Domain Plan Unconstitutional
(DBN)

Beware Private Equity Guys Bearing Gifts: Eminent Domain Mortgage Scam Hit with Well-Deserved Lawsuit
(DBN)

Law Firm Sued For Alleged Illegal Foreclosure Operation
(DBN)

Lawyers in multiple states face inquiry, or worse, over legal fees in mortgage foreclosure matters
(DBN)

MBA: Mortgage Delinquency Rates declined in Q2
(DBN)

Do Bank of America's Victims Think They Got Taken?
(DBN)

Fannie Mae to Pay Treasury $10.2 Billion as Home Prices Rise
(DBN)

Rate on 30-year loan basically steady at 4.4%
(DBN)

US probe eyes JPMorgan MBS, not Bear or WaMu bonds: source
(DBN)

Ideology drives debate on Fannie, Freddie reform
(DBN)

Is There A New Housing Bubble In The Western U.S.?
(DBN)

Million Dollar Home Sales Jump in U.S. as Wealthy Return
(DBN)

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Retailing:

J.C. Penney begins search for new CEO --- Ackman Pressures
(DBN)

'Just a couple of quarters' left for JCP?
(DBN)

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Celebs:

Celebs Who Have Gone Broke Or Bankrupt !
(DBN)

Rihanna Sued For Not Paying Grandma's Funeral Bill
(DBN)

LeBron James Reports For Jury Duty
(DBN)

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Municipalities:

Detroit Has Wiped $13.8 Billion From S&P’s Muni Index
(DBN)

Why You Shouldn’t Throw Sewer Bonds Out With the Bath Water
(DBN)

Detroit bankruptcy : Will city's storied art collection be sold? --- Detroit Art Sale Not A Priority But A Possibility --- The Detroit Institute Of Arts' Possible Fire Sale Raises Ugly Questions About The 1 Percent
(DBN)

Stay classy, Cleveland: Tribe fans heckle with ' Detroit's bankrupt '
(DBN)

Detroit Moves to Collect From Deadbeat Taxpayers
(DBN)

The people who want to run the bankrupt city of Detroit
(DBN)

Detroit , the new Greece
(DBN)

Detroit Losing $1 Million Check Bares Hobbling Processes
(DBN)

In Detroit , pensions prompt battle of the bean counters
(DBN)

Motor City's Pain May be Fund Investors' Gain
(DBN)

Detroiters show pride despite bankruptcy
(DBN)

Kilpatrick could be an asset
(DBN)

Biggest Michigan County Suffering Detroit Contagion
(DBN)

Michigan's Saginaw County postpones bond sale --- Third Michigan locality in a week to withdraw bond sale
(DBN)

Oakland County bond sale moving ahead, escaping Detroit bankruptcy 'penalty'
(DBN)

Here's The Real Way New York Is Like Detroit
(DBN)

Scranton is Pa. city most likely to be next Detroit
(DBN)

Santa Ana to pay new city manager more than $500,000 annually
(DBN)

Six muni bond myths still rocking the market
(DBN)

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Fraud:

Judge orders NY businessman to forfeit $60M
(DBN)

Beleaguered TV Network Financier Henry Luken Is Sued for Fraud
(DBN)

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Food/Beverage:

Beef plant looking for buyer, not reorganization
(DBN)

Foodies Fight to Save Detroit With Job Hopes Pinned on Arugula
(DBN)

How McDonald's Is Getting Broke Customers Back In Restaurants
(DBN)

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Energy:

Speculation on New Enron-Like Failures
(DBN)

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Politics:

80% of Americans: Congress Didn't Deserve a Summer Break
(DBN)

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Debt Collection:

Debt Collectors: 'Death Threats Are Part Of The Job'
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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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TBTF:

Mutual Funds Sue AIG for Billions
(DBN)

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Miscellaneous:

Bill on Bankruptcy : Sandbagging of a Federal Judge
(DBN)

MoFo: Business Restructuring + Insolvency Summer Update
(DBN)

The Bankruptcy Files: Toll Roads and Railroads
(DBN)

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Unexpired Leases:

Is There a “Meating” of the Minds on Retroactive Lease Rejection?
(DBN)

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Insurance:

Appellate court says insurance must pay for bankruptcy trustee's error
(DBN)

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Litigation:

Court Suggests Use Of FRE 502(d) Order In Lieu Of Privilege Log in Bankruptcy Court Dispute (scroll down)
(DBN)

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Personal Finance:

Man Spends $967,000 Life Savings On Lotto, Loses
(DBN)

I'm A Woman And Here's Why I Don't 'Want It All'
(DBN)

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Art:

Using Public Art To Boost A Depressed Town
(DBN)

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Alternative Energy:

Hoku plant builder looking for 'rebound' in Pocatello --- Hoku's bankruptcy leaves many other companies in financial wringer
(DBN)

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Environmental:

Exide only allowed bankruptcy finance if it cleans up Frisco
(DBN)

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Banking:

London Whale 'won't face charges over $6.2bn loss at JPMorgan' --- SEC seeks admission of wrongdoing from JPMorgan in 'London Whale' case
(DBN)

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Student Debt:

Our Student Loan System Is Broken, and These New Statistics Prove It
(DBN)

Over A Dozen Organizations Partner to Put Human Faces on the Student Debt Crisis
(DBN)

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Religion:

Judge orders Milwaukee archdiocese to release cemetery documents --- Decision on Milwaukee archdiocese's cemetery funds could have range of implications
(DBN)

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Electricity:

Bankruptcy judge denies Southern's liquidation
(DBN)

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Sovereigns:

Can countries go bust? IMF created new form of modern mass slavery
(DBN)

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EU:

Euro Keeps Thwarting Naysayers
(DBN)

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PIIGS:

Greek jobs crisis deepens
(DBN)

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Canada:

Quebec judge calls disaster railway "deplorable", grants protection
(DBN)

CCAA Court Undoes Dealership Termination in Insolvency Proceeding
(DBN)

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China:

China July Home Sales Fall 17% as Property Curbs Take Toll
(DBN)

China's Worst Nightmare Is Turning Japanese
(DBN)

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Colombia:

More than 500 hospitals in Colombia 'close to bankruptcy'
(DBN)

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Japan:

J Trust Makes Bid for Bankrupt Index Corp. in Takeover Push
(DBN)

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