December 20, 2013

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Mayer Brown (New York)
(DBN)

New Lawyers Facing Economic, Emotional ‘Depression’
(DBN)

Lawyers Are Now Considered Undateable Because They’re ‘So, So Poor’
(DBN)

Locke Lord, Patton Boggs Call Off Merger Talks --- Third US pair to end merger talks in a month
(DBN)

Big Law Confronts Big Challenges
(DBN)

Litigator of the Week: David Zott of Kirkland & Ellis
(DBN)

One Lawyer’s Loss Is Another’s Gain
(DBN)

Bankruptcy Moves
(DBN)

Business of Law
(DBN)

Should Firms Grade Lawyers on a Bell Curve?
(DBN)

10 Non-Economic Benefits Of Having A Law Degree
(DBN)

Ex-Skadden Lawyer Wins $28.6 Million From Her Ex-Husband (A Former GC And White House Lawyer)
(DBN)

UK: Firm of the Year: Life inside the City elite
(DBN)

UK: Lawyers set to out-party City rivals
(DBN)

11 iPhone Apps You'll Have To Pry From My Cold, Dead Hands
(DBN)

6 Signs You're Sacrificing Too Much For Success
(DBN)

7 Tips To Help You Make The Right Lateral Move
(DBN)

Another Underemployed Lawyer Says Going To Law School By Default Is A Mistake
(DBN)

When Trials Take a Dizzying Turn
(DBN)

Law school’s online-hybrid degree program gets first-ever approval from ABA
(DBN)

Kansas' Unauthorized LL.M. Program Draws ABA Censure
(DBN)

University of Kansas School of Law censured, fined for ‘willful’ accrediting violations
(DBN)

Beyond Biglaw: Finding Space In The Big City
(DBN)

LAPD Cops Shot and Killed an Unarmed Mentally Ill Man on Live TV
(DBN)

Holidays: The 12 Days of Thatz Not Okay --- 10 Most Notorious Banker Holiday Parties --- This Is What Happens When Bill Gates Draws Your Name For Secret Santa
(DBN)

New Mexico Becomes 17th State To Legalize Gay Marriage
(DBN)

Florida denies ‘grossly offensive’ Satanists a spot at the State Capitol building
(DBN)

Christian camp counselor allegedly said she molested girls to show them ‘God’s love’
(DBN)

New Court Docs Reveal 'Real Housewives Of Orange County' Ridiculous Contract Terms
(DBN)

Brazil Fighter Jet Deal: Boeing Out, Saab in Over NSA Spying --- NSA Reform and the Winding Down of the War on Terrorism
(DBN)

The Incredibly Clever Way Thieves Stole 40 Million Credit Cards From 2,000 Target Stores In A 'Black Friday' Sting --- Here's What To Do If You Shopped At Target After Its Black Friday Data Breach
(DBN)

Police Allow Man to Finish Marriage Proposal Before Arresting Him
(DBN)

Judge Slams Obama Secrecy in FOIA Case
(DBN)

Defendant doesn't last long as his own attorney
(DBN)

Why Was This Prosecutor Never Punished?
(DBN)

High-Level George W. Bush Lawyer Allegedly Disliked Gay Workers So Much He Tried To Ship Them To Detroit
(DBN)

Onetime millionaire left destitute after guardianship litigation settles with law firm
(DBN)

Linda Taylor, welfare queen
(DBN)

"I'm King of the World"
(DBN)

Armed Robbers Attack Postal Worker, Steal Christmas Packages From Mail Truck
(DBN)

Say What?!
(DBN)

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Judges:

Justice Scalia on Gridlock: It's 'What the System is Designed For'
(DBN)

Republicans invoke two-hour rule to scuttle hearing on judicial nominees
(DBN)

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Wall Street:

US Stock Futures Point To A Return To Positive Territory
(DBN)

Stocks dip after Fed's mini-'taper' --- U.S. Stocks Hover After Rally
(DBN)

Fed easing still dominating investor attention
(DBN)

We Saw 'Wolf Of Wall Street' With A Bunch Of Wall Street Dudes And It Was Disturbing
(DBN)

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Layoffs:

This Chart Shows Which Industries Will Lose Jobs And And Which Industries Will Add Jobs In The Next 10 Years
(DBN)

In 2003, The Government Predicted The Growth Of 16 Different Industries — Here's How Those Predictions Turned Out
(DBN)

Inside The Increasingly Dangerous World Faced By Temporary Workers
(DBN)

40 High-Paying Jobs That Don't Require A Bachelor's Degree
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Packaging:

Constar Returns to Chapter 11 in Delaware
(DBN)

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Health Care:

Saint Francis nurses fear for jobs, patient services
(DBN)

Get customers' OK before auctioning off PHI, HHS lawyers say
(DBN)

‘Junk insurance’ comes back to haunt its policyholders
(DBN)

Obama introduces 'stopgap' health insurance for people with canceled plans --- Americans Who Got Their Health Care Canceled By Obamacare Won't Be Penalized
(DBN)

Michael Brown's Houston possessions to be sold at four January auctions
(DBN)

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Economy:

Fed: Economy Better, Not Cured
(DBN)

Home sales tumble, jobless claims at near nine-month high
(DBN)

Manufacturing index recovers slightly in December
(DBN)

Leading Indicator Index in US Increases More Than Forecast
(DBN)

Pope Francis trashes the ‘prosperity gospel’: Pompous Christians are ugly pagans
(DBN)

Mark Zuckerberg just gave nearly $1 billion to charity
(DBN)

Senate Passes Budget Deal
(DBN)

US govt 'could be out of cash by February'
(DBN)

Paul Krugman: Here's What I Would Do If I Were Fed Chair
(DBN)

Slammed by New Taxes: Why You’re Poorer than You Think
(DBN)

2014 Could Be The Year The Economy Breaks Out
(DBN)

10 American Industries That Are Going To Boom In The Next Decade
(DBN)

10 American Industries That Will Be Destroyed In The Next Decade
(DBN)

Goldman Sachs Chief Economist Jan Hatzius Reveals His Favorite Chart Of The Year
(DBN)

Women Not Part of Manufacturing Turnaround
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Existing-Home Sales Post First Annual Drop in 29 Months
(DBN)

Goldman: The Housing Recovery Is Back On Track
(DBN)

Freddie Mac: Mortgage rates rise slightly; 30-year averages 4.47%
(DBN)

Mortgage servicer accused of 'systemic misconduct'
(DBN)

US officials order Ocwen to give $2 bln in relief to borrowers
(DBN)

___________

Municipalities:

Judge orders Detroit bankruptcy mediation talks on Christmas Eve
(DBN)

Judge To Detroit: Renegotiate Debt Deal
(DBN)

City attorneys, EM go back to negotiating table with Barclays over debt swaps
(DBN)

New Detroit mayor to share duties with emergency manager --- Orr giving Duggan control of Detroit's day-to-day operations --- Duggan gets strong role alongside to run Detroit, but won't oversee
(DBN)

Snyder: State support for DIA fund could help broker settlement --- Gov. Rick Snyder talks about Detroit
(DBN)

Finding the hidden and fascinating stories in Detroit
(DBN)

How much for that Degas? Detroit appraises priceless art collection --- Detroit-owned Van Gogh appraised at up to $150M --- Did Christie's put the right appraisal on DIA's art treasures? Reviews are mixed
(DBN)

Detroit, suburbs fall short on water department deal
(DBN)

Moody's lowers NJ debt outlook to negative, citing slow recovery --- New Jersey's Unemployment Rate Sees Largest Drop In 35 Years
(DBN)

Government Employee Pensions May Now Be Fair Game for Cuts During Bankruptcy Restructuring
(DBN)

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Telecoms:

LightSquared Cancels One Dot Six Sale for 'Alternative' Deal
(DBN)

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Gambling:

Atlantic Club Auction Finding No Takers
(DBN)

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Fraud:

Charles Gasparino Has Not Been Keeping Up With the Madoff Story
(DBN)

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Auto Racing:

Sale Delayed Of Cleveland Motor Speedway
(DBN)

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Banking:

Olney in Texas to Buy Park Cities in Bankruptcy Auction
(DBN)

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Retailing:

Loehmann’s Decides to Honor Credits
(DBN)

Bankruptcy no friend to struggling U.S. retailers
(DBN)

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Oil/Gas:

Bankrupt fracking co. sues Cuomo adm over delays
(DBN)

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Food/Beverage:

Costco Played Major Role in Bankruptcy of Nation's Largest Organic Peanut Butter Maker
(DBN)

Red Lobster owner looking to unload chain
(DBN)

____________

Aviation:

Creditors seek payment from Oregon airline
(DBN)

Alitalia Said to Gain $413 Million Etihad Capital Backing --- Alitalia rescue seen as Etihad signals interest
(DBN)

Dropping the Value of Frequent Flier Programs
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (36 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:

US bill creates new bankruptcy provision for large banks --- Republicans Propose Bill To Bring Large Banks Through Bankruptcy
(DBN)

The Senate, Chapter 14, and a General Lack of Seriousness
(DBN)

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Miscellaneous:

Bill on Bankruptcy : BigLaw Prices Itself Out
(DBN)

____________

Arbitration:

In the Third Circuit, Not Even Copperfield Could Create an Agreement to Arbitrate Out of Thin Air
(DBN)

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Cross-Border:

Is Section 1506 Manifestly Irrelevant?
(DBN)

____________

Discharge:

Costs From Disciplinary Proceedings May Be Nondischargeable
(DBN)

____________

TBTF:

Cornyn, Toomey introduce bill to end 'Too Big To Fail'
(DBN)

____________

Alternative Energy:

Fisker won't build cars at former GM plant, Del. senator says
(DBN)

Contractor awarded ownership of $700 million polysilicon plant
(DBN)

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Finance:

Westlake Services Wins Auction for Western Funding's Loans
(DBN)

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Metals:

Creditors Sue Keywell Executives Over Company's Bankruptcy
(DBN)

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Student Debt:

Senate Democrats launch new push on student loan debt, college accountability
(DBN)

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Video Games:

Governor calls Schilling game 'junk'
(DBN)

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Politics:

FactCheck: Whoppers of 2013
(DBN)

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Rail:

Judge approves MM&A auction terms
(DBN)

____________

Plastics:

Amcor set to buy Constar
(DBN)

____________

EU:

S&P takes away European Union's AAA credit rating
(DBN)

EU reaches deal on rules for sick or insolvent banks
(DBN)

Draghi backs EU bank plan, critics raise concerns
(DBN)

____________

PIIGS:

Irish Economy Grows at Fastest Pace Since 2011 As Bailout Ends --- Thousands suffer mortgage misery in fear of banks
(DBN)

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Canada:

Chapter 11 and CCAA: A Cross-Border Comparison
(DBN)

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Russia:

Putin To Pardon Russia's Former Richest Man Khodorkovsky After 10 Years In Jail --- Why Putin's Release Of His Biggest Rival From Prison Is More Machiavellian Than It Sounds --- Putin Says He Will Pardon Oil Tycoon --- Putin Critic And Former Richest Russian Khodorkovsky Has Left Prison After 10 Years
(DBN)

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Ukraine:

IMF Slams Ukraine for Economic Plan
(DBN)

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Copyright 2013