December 17, 2013

The Daily Bankruptcy News

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Law:

Brighter Skies in 2014, Say Law-Firm Managing Partners
(DBN)

Associate Bonus Watch: Sidley Austin
(DBN)

Is the law firm pyramid collapsing? BigLaw is aging with more partners than associates
(DBN)

Stop Whining About How Law School Ruined Your Life And Try Working Harder
(DBN)

Fake Student Infiltrates Top Law School
(DBN)

Congratulations To The 2014 Skadden Fellows
(DBN)

‘Cultural Cachet’: A New Argument in Favor of Law School
(DBN)

Let's Kill Those Law Firms Rankings!
(DBN)

Business of Law
(DBN)

California Treasurer Lockyer Will Moonlight for Law Firm
(DBN)

Lawyer Seeks Handouts To Help Him Retire. There’s Just One Teensy Thing From His Past You Might Want To Know.
(DBN)

Temporary Change at the Top of Fulbright & Jaworski
(DBN)

13 Striking Opportunities for 2014
(DBN)

5 Signs You're Under Too Much Stress
(DBN)

Lawyer Threatens Suicide If No Job Is Secured By New Year’s
(DBN)

The Lack of Law School Transparency Claims Another Victim
(DBN)

A Compact Portable Scanner and Projector
(DBN)

Fatal carjacking makes Christmas shopping at U.S. mall a nightmare for lawyer, wife
(DBN)

Plagued by prosopagnosia, corporate lawyer can’t recognize his employees
(DBN)

Massive Pressure on Sprint Antitrust Lawyers
(DBN)

Judge: NSA phone program likely unconstitutional --- Amnesty And Edward Snowden --- '60 Minutes' Is Getting Shredded For Its 'Embarrassing' Report On The NSA --- NSA Says It Foiled Plot To Destroy Our Economy By Bricking Computers Across The US --- An NSA Coworker Remembers The Real Edward Snowden: 'A Genius Among Geniuses' --- NSA Judge Isn’t Shy About Tweaking Uncle Sam
(DBN)

Boston Bomber Believed He Was Victim of Mind Control
(DBN)

Early Release Of Thousands Of California Prisoners Tied To Spike In Property Crimes
(DBN)

A lawyer’s Christmas card – drafting is all…
(DBN)

Ashley Madison Presents: The 21st-Century Cuckolded Man
(DBN)

SantaCon Santa Gets Busy With Naughty Mrs. Claus
(DBN)

Bad Grandpa: Elderly Man Wins H----- S--, Chokes to Death Hours Before Prize
(DBN)

The Perfect Solution to Obnoxiously Loud Public Cellphone Conversations
(DBN)

The (Non) Office: Attorney Suspended For Using Out Of State Rent-A-Office
(DBN)

George Zimmerman's Attorney Hit With Ethics Complaint Over Trayvon Martin Case
(DBN)

5th Grader Stripped Of 1st Place Ribbon In Speech Contest For Discussing Religion
(DBN)

Say What?!
(DBN)

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Judges:

’Tis the Season to Find Your Favorite Bankruptcy Excerpts
(DBN)

Lack of Wall Street prosecutions spurs federal judge’s critical essay
(DBN)

Laugh Tracking at the High Court
(DBN)

Former judge seeks to set aside his verdict in murder case, cites his own liberal bias
(DBN)

Four Judges
(DBN)

Calif. named worst "judicial hellhole" by tort reform group
(DBN)

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Wall Street:

US Stock -Index Futures Are Little Changed Before Fed Meeting
(DBN)

US stocks close sharply higher
(DBN)

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Layoffs:

Second Circuit Grant WARN Plaintiffs New Life On “Single Employer” Theory
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

Overcapacity Could Dash Air Cargo's Hopes for Recovery in 2014
(DBN)

Tax Indemnity Claims
(DBN)

Australian airline collapses
(DBN)

US Airlines Just Had An Astonishingly Good Quarter
(DBN)

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Health Care:

Nye Regional Medical Center Files for Bankruptcy
(DBN)

Lake Shore Hospital files for bankruptcy protection
(DBN)

Muscatine Nursing Facility Files For Bankruptcy
(DBN)

Former Saint Catherine hospital employees get early Christmas gifts
(DBN)

Here's Why Republicans Will Never Reform Health Care
(DBN)

Doctors Sew Severed Hand to Man's Ankle in Attempt to Save It
(DBN)

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Autos:

GM CEO Akerson defends tenure as his exit nears --- GM CEO praises end of 'Government Motors' era
(DBN)

General Motors CEO: In The Bailout, Fair Is Fair
(DBN)

GM's CEO rejects repaying Feds for bailout losses
(DBN)

NLPC Asks General Motors to Pay Back $10 Billion to Taxpayers at National Press Club Event
(DBN)

Is GM's Board Setting Up Barra to Fail?
(DBN)

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Pensions:

The Hidden Danger in Public Pension Funds
(DBN)

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Banking:

FDIC files suit against directors of another Georgia bank
(DBN)

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Economy:

Worker output rises at best pace in 4 years
(DBN)

World business expansion uneven, euro zone ends year on a high
(DBN)

US factory activity gains steam as production broadens --- Manufacturing’s Long Climb --- The US Manufacturing Workweek Hasn't Been This Long Since World War II
(DBN)

Goldman Sachs Global Macro Forecasts
(DBN)

It’s a Man’s World, And It Always Will Be
(DBN)

Accidental Tax Break Saves Wealthiest Americans $100 Billion
(DBN)

Ask the Economists: Should the Fed Taper in December? --- Tough Question for Fed: Time to Act? --- Power transition at Federal Reserve could influence dynamics of taper debate
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Condos Sell Fast at St. Vincent's Site
(DBN)

Where FHA Loan Limits Will Fall the Most
(DBN)

The Penthouse From The 'Wolf Of Wall Street' Movie Is For Sale For $6.5 Million
(DBN)

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Municipalities:

In Bankrupt Detroit, the Bills Are Piling Up
(DBN)

Detroit bankruptcy appeals can go to 6th Circuit: judge
(DBN)

Three Questions About the Motor City
(DBN)

Regional water deal elusive for Detroit emergency manager
(DBN)

'Rescuing' the Detroit Institute of Arts --- A Libertarian Says It's Time To Sell Detroit's Art --- Detroit awaits direction on options to art sale
(DBN)

Detroit Bankruptcy Bailout Won't Come Cheap
(DBN)

From "Old Detroit" to Delta City: Robocop's Dystopia in Detroit
(DBN)

Packard-Plant Buyer Predicts Rebirth for Symbol of Detroit Decay
(DBN)

How One Mayor Pulled His City Back From the Brink of Bankruptcy
(DBN)

Putting a price on two of the city of Flint's biggest assets
(DBN)

Why Investors Are Fleeing Muni Bonds At Record Rates
(DBN)

Deadbeat Governments
(DBN)

US Hegemony and Puerto Rico’s Economic Crisis
(DBN)

Texas considers options to avoid pension shortfall; system could face insolvency in 40 years
(DBN)

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Telecoms:

Two More High-Level Executives Are Leaving BlackBerry
(DBN)

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Retailing:

Loehmann's files for bankruptcy for third time, plans shutdown --- As Loehmann's Files For Bankruptcy Again, We Wonder: Has It Lost Its Purpose? --- The Loehmann's Model Finally Goes Out of Style
(DBN)

Consumers Are Haggling Major Retailers For Better Prices — And Winning
(DBN)

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Tax:

Ex-UBS Fugitive Faces His Charges in Florida
(DBN)

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Television:

Court Approves ION Media Networks' Plan of Reorganization for Television Stations in St. Louis, Columbia and Evansville
(DBN)

The Man Who Might Save CSN Houston
(DBN)

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Alternative Energy:

Fisker bankruptcy judge keeps the lights on at Boxwood
(DBN)

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Electricity:

Edison Mission Faces Restructuring Obstacle in Parent's Objection
(DBN)

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Rail:

'Stalking horse' bid for MM&A is $14.25M
(DBN)

Fate of bankrupt Maine railway hinges on buyer
(DBN)

Lac-Megantic Freight-Train Activity Set to Resume
(DBN)

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Food/Beverage:

Three Reasons Why You Should Order Your Starbucks Drink 'Extra Hot'
(DBN)

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Magazines:

FriendFinder Alters Reorganization Plan to Win Court OK
(DBN)

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Resorts:

Sale of Naniloa hotel to Bushor-Wyland partnership to close Tuesday
(DBN)

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Fraud:

Does a Ponzi Scheme Finding Preclude Money Laundering Charges?
(DBN)

Madoff Aide on Trial Was Lied to About Wealth, Jury Told
(DBN)

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Pensions:

What Happens When Your Pension Fails
(DBN)

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Distressed Investing:

Atlas Holdings Raises $900 Million for Second Private Equity Fund
(DBN)

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Buses:

Atlantic Express Receives Nearly $20 Million in Bids
(DBN)

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Fashion:

2013: Bankruptcy Watch
(DBN)

What I Learned From Declaring Bankruptcy, From Betsey Johnson
(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 (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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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Bankruptcy Reform:

Report on Corporate Bankruptcy Reform Expected In December 2014
(DBN)

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Professional Employment:

Capstone's fees cut over GSC disclosure saga
(DBN)

Fees Slashed, Kaye Scholer Claims Redemption in GSC Ruling
(DBN)

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Avoidance Actions:

Bankruptcy Judge's Opinion Raises Many Questions About Tronox Spinoff - Did Kerr-McGee’s lawyers and bankers dropped the ball?
(DBN)

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Discharge:

Debt Owed to Ex-Husband for Overpayment Of Spousal Support Is Nondischargeable
(DBN)

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Claims:

Unknown Creditors In a New Century
(DBN)

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Cross-Border:

Second Circuit Reverses New York Bankruptcy Court; Determines That Section 109(a) Eligibility Requirements Extend to Chapter 15 Debtors
(DBN)

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Plan Confirmation:

Bankruptcy Poison Pills - New Attempts to Avoid Absolute Priority
(DBN)

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TBTF:

Outgoing GM CEO: Taxpayers Gained on Bailout
(DBN)

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Corporate Reform:

The Rumored Chase-Madoff Settlement Is Another Bad Joke
(DBN)

Colorado Joins CFPB in Suing CashCall Short-Term Lender
(DBN)

Volcker Rule Shows Its Wide Reach
(DBN)

Regulatory Reform Glossary
(DBN)

Misleading CEO Pay-for-Performance Numbers Target of SEC
(DBN)

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UK:

Euler Hermes: Increased 2013 global business insolvencies (+2%); slight improvement forecast for 2014 (-1%)
(DBN)

N-Dubz rapper declared bankrupt
(DBN)

Maureen Leslie elected deputy vice-president of the Insolvency Practitioners Association
(DBN)

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EU:

ECB says EU bank resolution plans may be too complex, poorly funded
(DBN)

Markets Are Sliding In Europe
(DBN)

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PIIGS:

Greece Is Struggling To Keep Its Precious Fish Farms From Going Bankrupt --- Greeks must unite to nurse economic recovery, says central bank
(DBN)

Spain Places Hurdles as Investment Firms Battle for Bank in Galicia
(DBN)

Give McFeely stash to Priory Hall widow, court told
(DBN)

Portugal passes 'troika's' bailout review of its economy
(DBN)

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Canada:

Canada: CEOs Make Big Money, Pay Big Taxes
(DBN)

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France:

France on brink of recession in two-speed eurozone
(DBN)

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Germany:

German Investor Confidence Surges To A 7-Year High
(DBN)

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China:

Is China’s Manufacturing Sector Losing Steam?
(DBN)

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Brazil:

Fitch sees headwinds for Brazil corporate borrowers in 2014
(DBN)

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Ukraine:

Ukraine protests: Bankruptcy looms as leader looks to Moscow for help
(DBN)

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Japan:

Nomura Says Buy Tepco as Fukushima’s Cost Cap Seen
(DBN)

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Finland:

Talvivaara wins court approval on debt restructuring
(DBN)

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Iceland:

Iceland cbank to sell $8.6 bln in bonds held against collateral from failed banks
(DBN)

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Copyright 2013