December 6, 2013

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

Snapshot: Michael McGrail
(DBN)

BigLaw Bonus Season: Treading Water is a 'Victory'
(DBN)

Slaughter and May adopts merit-based bonuses --- Linklaters introduces merit-based salary
(DBN)

Law Firm Managing Partners Expect A Bad Year — For Everyone Else
(DBN)

A Glimpse at the Legal Profession's Future
(DBN)

Quality Legal Advice, Service Delivery Top List of Important Issue for In-House Counsel
(DBN)

Davis Polk's London base tops client rankings for quality of advice
(DBN)

UK: Hourly rate growth boosts Q2 revenue at top 10
(DBN)

Business of Law
(DBN)

BigLaw firm opts for smaller office space in ‘realistic reset’ of real-estate spending
(DBN)

Holland & Knight refutes Maureen Dunkel’s fraudulent transfer claims
(DBN)

Ready for Tights with Open-Toe Shoes?
(DBN)

Economic Diversity in Law Firm Hiring
(DBN)

Run, Larry, run! BigLaw partner tops his Guinness Book of World Records marathon feat
(DBN)

Should Law School Applicants Have to Take the LSAT?
(DBN)

U of Iowa to cut law school tuition 16 percent
(DBN)

THIS Is What It Looks Like When A Law School Actually Cuts Tuition
(DBN)

Dean Frank Wu on The Problem of Tuition
(DBN)

The Evolving Law School: Can We Stop Using Casebooks?
(DBN)

More on when law school graduates and jobs will be in equilibrium: 2018 or 2019 it is
(DBN)

$129M law school at ASU’s ‘wildly successful’ Phoenix campus to include biggest US nonprofit firm
(DBN)

General Counsel Are Feeling Worse About the Economy
(DBN)

Firm of the Year: Lawyers fear murderous colleagues
(DBN)

Here's How Often You Should Dry Clean Your Suits
(DBN)

12 Apps You Need To Use If You Want To Get Stuff Done --- The fastest-growing iPhone app ever
(DBN)

The Do's And Don'ts You Need To Know About Dating A Colleague
(DBN)

10 Lawyer Gifty Things Available on Etsy
(DBN)

Racy Emails Between Citi's Top Economist And The Former NYU Economist Accused Of Stalking Him
(DBN)

It's Becoming Clear That The NSA's Nightmare Has Just Begun
(DBN)

Review: Connelly’s new ‘Gods of Guilt’ tops legal drama of Harper Lee Prize-winning ‘Fifth Witness’
(DBN)

Cut the dog in half! That way each of you can have part of him.
(DBN)

Top prosecutor faces ethics case over racial remarks that derailed murder trial
(DBN)

Doctor’s wife is charged in his shooting outside law office after mediation session
(DBN)

Doctor Love Triangle Goes Terribly Wrong
(DBN)

The Disturbing Reason 97% Of Federal Drug Defendants Plead Guilty
(DBN)

The Strange Story Of A Washington Man Who Decided To Start Killing Sex Offenders
(DBN)

Coffee shop holds food drive for man who stole from tip jar
(DBN)

Girlfriend 'Playfully' Shoots, Kills Boyfriend
(DBN)

Say What?!
(DBN)

______________

Judges:

In Bankruptcy Dispute, ABA Warns of Caseload Consequences
(DBN)

New bankruptcy court to open
(DBN)

On the Integrity and Secrecy of Judges
(DBN)

Why It's A Big Problem When A Supreme Court Justice Uses Google
(DBN)

Judge’s ‘impatient treatment of litigants’ makes her ill-suited for busy courts, commission says
(DBN)

Justice O'Connor Sits with Ninth Circuit Panel
(DBN)

Appellate Court Saves Money by Making Chambers Space Go Farther
(DBN)

Judge in hot water for fondling lawyer
(DBN)

______________

Wall Street:

Markets Are Higher Ahead Of Major Jobs Report
(DBN)

World stocks advance before jobs report
(DBN)

Asian markets mostly lower after upbeat US data
(DBN)

US stocks close mixed; Dow extends losing streak into a fourth session
(DBN)

Suddenly Things Have Gotten A Little More Interesting In The Market
(DBN)

______________

Layoffs:

Unemployment Won’t Hit 6.5% Until 2015, Fed Research Suggests
(DBN)

Two Cities With Unemployment Rates North of 25%
(DBN)

Jobless claims fall sharply
(DBN)

Fast-food workers strike, protest for higher pay
(DBN)

5 Ways Small Businesses Can Survive The Future Robot Economy
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Corporate Reform:

Lew calls for 'race to top' on bank reform
(DBN)

____________

Food/Beverage:

Quiznos tries again to restructure debt
(DBN)

Brennan's Inc., former owner of the landmark restaurant, is bankrupt
(DBN)

Investment firm wins auction for SD beef plant
(DBN)

Real Mex Restaurants Shakes Up Its Front Office
(DBN)

Olive Garden's New Italian-Style Burger — The Verdict
(DBN)

Bloomberg Wrote A Vicious Takedown Of One Of Wall Street's Favorite Restaurants
(DBN)

____________

Workouts:

New Trends In Workouts - The Good, The Bad and The Ugly
(DBN)

Purchase Order Finance Solutions For Companies In Restructuring Or Turnaround
(DBN)

____________

Banking:

Banks: Forget Too Big to Fail, How About Too Small to Succeed?
(DBN)

____________

Pigeon:

Galbraith jailed after guilty verdict in Pigeon King scam
(DBN)

____________

Economy:

US jobless claims plunge to 298k, as layoffs slow
(DBN)

Today's Jobs Report Is Even More Important Than The Last One — Here's Everything You Need To Know
(DBN)

Four Things to Know Before the Friday Jobs Report
(DBN)

Fed's Lockhart Calls for Setting Timetable for Tapering QE
(DBN)

US GDP Grew 3.6% In Third Quarter, More Than Previously Thought --- Economists React: 'No Momentum' in GDP Report
(DBN)

US factory orders fall on weak aircraft demand
(DBN)

Obama Decries U.S. Income Gap That Has Widened Under His Watch --- How Do You Measure ‘Inequality’?
(DBN)

Fed: US growth stays moderate during shutdown
(DBN)

So far at least, austerity is winning the war
(DBN)

Why Is Business Investment Flatlining?
(DBN)

Senate Leaders Hope to Vote on Yellen This Month
(DBN)

Why Buying Presents For The Holidays Makes No Economic Sense
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Freddie Mac: 30-year mortgage rate 4.46%; highest since September
(DBN)

Four Ways Mel Watt Could Change Housing Policy
(DBN)

Investor Purchases Ebb in More Housing Markets
(DBN)

Boost in New-Home Sales Greeted With Skepticism
(DBN)

Citigroup, Wells Fargo Accused by L.A. of Discrimination
(DBN)

____________

Municipalities:

Judge Puts Detroit Bankruptcy Ruling On Paper: ‘The City Needs Help’ --- Detroit bankruptcy document: Causes, objections and findings detailed in court opinion --- The Opinion
(DBN)

Detroit Pension Debt Not Special in Judge's Written Ruling
(DBN)

Miller Canfield Denies Conflict in Detroit Assignment
(DBN)

Judge urges compromise in Detroit bankruptcy case
(DBN)

Meet Gerald Rosen, The Judge Who Is Trying To Save Detroit
(DBN)

Union Seeks to Speed Up Detroit Bankruptcy Appeal
(DBN)

Detroit pension board trustees walk out of meeting during vote on legal contract
(DBN)

Advisers help public employee clients prepare for sharp decline in pension benefits --- Why Is There No Empathy For The Detroit Pensioners?
(DBN)

Given the green light
(DBN)

Bankruptcy might be Detroit's saving grace
(DBN)

Rand Paul has ideas to help out Detroit
(DBN)

Suburbs balk at Orr's water deal
(DBN)

Sell artwork to pay creditors --- Will the DIA survive Detroit's bankruptcy ? --- Spinning off museum from city could save art, pensions --- Should a city 'monetize' its arts collection? --- Detroit's Plan to Sell City Art Faces Resistance --- Nowling: We're open to debt restructuring ideas that protect the arts --- Millionaire to give $5M toward protecting DIA art and Detroit pensions; who's next? --- Rivera Mural Protected From Detroit Bankruptcy Sale
(DBN)

Obama, Detroit, and the New Gilded Age
(DBN)

Puncturing public pensions
(DBN)

Pension Theft: Class War Goes to the Next Stage
(DBN)

Detroit bankruptcy forges ahead -- who will foot the bill?
(DBN)

Appeals Process Begins for Determination of Detroit’s Bankruptcy Eligibility
(DBN)

How Graffiti Could Save Detroit
(DBN)

Where Detroit has gone, will others follow?
(DBN)

Illinois Slouches Toward Bankruptcy
(DBN)

California City's Return to Solvency, With Pension Problem Unsolved
(DBN)

Cities blink in fight with CalPERS
(DBN)

Syracuse Mayor Stephanie Miner on Detroit's bankruptcy: Pensions are no longer untouchable
(DBN)

Jacksonville's pension reform task force agrees pension reform may cost taxpayers -- but bankruptcy is off the table
(DBN)

Day of reckoning on public pensions
(DBN)

Munis Set for Back-to-Back Annual Losses, Barclays Says
(DBN)

The Safest City In The US And The Most Dangerous City In The World Are Only 300 Feet Apart
(DBN)

____________

Fraud:

A Hedcut Above? Bernie Madoff Didn’t Think So
(DBN)

Madoff ‘Schtup’ File Enriched Top Investors, Jury Told
(DBN)

Acquitted on most counts, attorney nonetheless faces hefty sentence in $1B insurance fraud scheme
(DBN)

SAC Manager Steinberg Warned Analyst the Walls Have Ears
(DBN)

Tyco’s Kozlowski Says He’s Responsible for Crimes
(DBN)

____________

Autos:

Ford's Mulally talks bankruptcy on Colbert Report
(DBN)

GM withdrawing Chevrolet from Europe
(DBN)

____________

Aviation:

A Thank You from Tom Horton --- American CEO Horton tells workers successful restructuring and merger "all happened because of you"
(DBN)

S&P Downgrades Qantas Airlines to Junk Status
(DBN)

With American-US Airways merger, airline landscape reshaped
(DBN)

Here's What An Intense Crosswind Can Do To A Boeing 777 Trying To Land
(DBN)

These Are Your Rights If Winter Weather Cancels Your Flight
(DBN)

____________

Plastics:

Consolidated Container completes Shelburne acquisition
(DBN)

____________

Bankruptcy Crimes:

Californian Sentenced to 10 Months in Foreclosure Scam
(DBN)

____________

Hockey:

Report: NHL to pay Gretzky $8 million from his Phoenix Coyotes tenure
(DBN)

____________

Awards:

US Benchmark annual litigation awards 2014 shortlist announced
(DBN)

____________

Health Care:

Right to Recoup Medicare Overpayments Doesn’t Create Claim
(DBN)

____________

Personal Finance:

11 Things You're Better Off Buying Used
(DBN)

____________

Politics:

What you missed in the Elizabeth Warren vs Third Way battle
(DBN)

Elizabeth Warren and Centrist Democrats Are Already at War
(DBN)

Senator Chuck Schumer Lives Like a College Frat Boy
(DBN)

____________

New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (26 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:

Where Have All the Bankruptcies Gone?
(DBN)

Bankruptcy Filings On Pace for Six Year Low
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Subrogation:

Practical Problems With Purchase-Money Security Interests And Equitable Subrogation
(DBN)

____________

Turnarounds:

A Successful Formula For A Lab Turnaround
(DBN)

The Distressed Skilled Nursing Facility: From Disaster To Turnaround
(DBN)

____________

Plan Confirmation:

A Shift In The Balance Of Power Between Lenders And Borrowers In Bankruptcy
(DBN)

____________

Bankruptcy Research:

W&L Law Professor Margaret Howard to Lead Major ABI Research Project On Individual Chapter 11s
(DBN)

____________

Cross-Border:

Fourth Circuit Court of Appeals Affirms Bankruptcy Court’s Decision in Qimonda
(DBN)

____________

Miscellaneous:

Bill on Bankruptcy: Delaware Garners Almost All Big Chapter 11s
(DBN)

____________

Property of the Estate:

Limitations Imposed Upon the 'in Pari Delicto' Defense
(DBN)

____________

Lehman:

Lehman To Sell DE Shaw Stake
(DBN)

____________

Litigation:

U.S. SC sides with Va. business in case over forum-selection clause
(DBN)

____________

Retailing:

Bankruptcy Judge Clears Sale of Edwin Watts Retail Chain
(DBN)

____________

Electricity:

When will Luminant file for bankruptcy ?
(DBN)

____________

Gas Stations:

Getty Petroleum Creditors Sue Former Owners for $6 Million - 'Grossly Insolvent'
(DBN)

____________

Private Equity:

A Whistleblower Is Looking To Take Away Private Equity's 'Crack Cocaine'
(DBN)

____________

IP:

Atari gets court approval for plan to exit bankruptcy
(DBN)

____________

Resorts:

Scrub Island Resort Owner Wants to Keep Fight in Bankruptcy Court
(DBN)

10 Questions: The Colony Beach & Tennis Resort
(DBN)

____________

Hedge Funds:

Investors In Eddie Lampert's Hedge Fund Are Jumping Ship
(DBN)

____________

Telecoms:

Dish's Ergen Defends His Lightsquared Debt Purchases as Smart
(DBN)

LightSquared Asks Judge Not to Toss Suit Against Dish, Ergen
(DBN)

____________

Sovereigns:

U.S. Backs Argentina at High Court in Bank Subpoena Case
(DBN)

____________

UK:

Property Companies Urged To Get Wise On Insolvency As Retailers Fold
(DBN)

Britain to close hedge fund tax loopholes
(DBN)

____________

EU:

Europe's Solyndra and the Beauty of Bankruptcy
(DBN)

____________

PIIGS:

Rajoy to Rescue Highway Billionaires Who Bet on Boom
(DBN)

Seán Quinn feels 'stupid' for getting too involved in Anglo --- Sean Quinn: “I was a bold boy, I accept that” --- Quinn: 'It never crossed my mind banks would go bust' --- Dunne fails in Irish bankruptcy application
(DBN)

____________

Canada:

Preferential Payments: Commercial Imperative Or Creditor Pressure?
(DBN)

____________

Germany:

Germany's central bank lifts growth forecast
(DBN)

____________

Brazil:

OSX-OGX Joint Bankruptcy Process Blocked by Court, Acciona Says
(DBN)

OSX, bondholders in talks to delay interest payment
(DBN)

Brazil utility Rede Energia files for bankruptcy protection
(DBN)

____________

Russia:

Putin urges adoption of individual bankruptcy law
(DBN)

____________

MENA:

Debt-laden Dubai World sells Atlantis hotel to state firm
(DBN)

____________

 

 

 

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2013