February 12, 2013

The Daily Bankruptcy News

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Law:

Dewey Honor Associate Bonuses or Retired Partners’ Claims? Not So Much. --- Dewey retirees agree to clawback settlement
(DBN)

Unbundle legal services, ABA House resolution urges
(DBN)

Law firm hiring flat in 2012, reflecting uncertainty
(DBN)

Jackson Lewis, K&L Gates, Seyfarth, Goodwin: Business of Law
(DBN)

Summer associate hiring declines amid anemic legal market
(DBN)

A General Counsel’s Return To Private Practice
(DBN)

"Equity" Partner or PINO?
(DBN)

Mary Jo White's Husband to Step Down From Cravath Equity Partnership Upon Confirmation --- S.E.C. Nominee Discloses Law Firm Wealth
(DBN)

Pennsylvania Firms Not Looking To Move Back-Office Locations
(DBN)

Law Firm Leaders Q&A: Skadden's Mike Naeve
(DBN)

Dechert and former associate settle 'macho culture' retaliation case
(DBN)

What Legal Industry Problems? Law Firms Reported Major Revenues In 2012
(DBN)

K&L Gates launches Houston office with Fulbright securities practice chief
(DBN)

Orrick Sees Gains in Revenue, Profits
(DBN)

Bryan Cave Sees Revenue Rise and Profits Dip
(DBN)

White & Case posts 15 per cent rise in average profits for 2012
(DBN)

Modest Gains in Revenue, Profits for Goodwin
(DBN)

Less Than a Year After Joining LeClair, Real Estate Team Bolts for Seyfarth
(DBN)

Model rule change aims to help lawyers confronting conflicts issues involving multiple jurisdictions
(DBN)

Foreign lawyers could work in US as in-house counsel under model rule change
(DBN)

Law School Applications Nose Dive
(DBN)

Experiential education: The next big rip-off?
(DBN)

The ABA Is Coming Around on Reforming Legal Education
(DBN)

Hiring at entry level still limited at law firms, NALP survey says
(DBN)

Law School TA Seems To Be Hanging On A Little Too Tightly
(DBN)

How Students Rank Law Schools
(DBN)

George Washington Law School's unemployed grads are costing the school $3 million
(DBN)

One Out of the Box Way Forward: Law Prof LLP
(DBN)

Law School Transparency: Innocent grifters
(DBN)

UK: Desperate Law Graduate To Embark On Nationwide Road Trip To Land Work – But Will It Work?
(DBN)

Lawyers spend night homeless
(DBN)

Mailbox App – Awesome or Hype?
(DBN)

Copyright suit over legal briefs dismissed against Lexis, Westlaw --- A Victory for Fair Use: Online Publication of Attorney Filings OK, Copyright Suit Against Lexis and Westlaw Dismissed
(DBN)

Alternative Careers: By right hook or law book
(DBN)

Why Implementing Gun Control Legislation Will Be So Hard
(DBN)

So She Flipped Off A Judge, And Your Manners?
(DBN)

Attorney Innocent Of Murder But Hounded Out Of State
(DBN)

Man who punched his own lawyer is convicted, gets 34 years, plus 6 months, and faces new charges
(DBN)

Attorney Is Giving Away A Free Divorce On Valentine's Day
(DBN)

Did NCAA Approve $20k+ Payment to Nevin Shapiro's Bankruptcy Attorney?
(DBN)

Quote of the Day: Bill Maher Goes Apesh*t on Trump’s Lawyer --- Blasts Donald Trump For Using The Legal System As A 'Toy' --- Trump may have trouble collecting on $5 mln orangutan bet
(DBN)

Reclusive fan wills estate worth up to $1 million to two ‘80s-era actors he never met
(DBN)

Toilet-paper prank by middle schoolers leads to indictment for mom
(DBN)

Surprise resignation of Pope Benedict XVI makes canon law a hot topic --- The Pope's Resignation, A Legal Guide
(DBN)

Former LAPD Captain Called The Fugitive Ex-Cop's Firing 'Very, Very Ugly'
(DBN)

Did Charles Manson commit more ‘Helter Skelter’ murders? Lawyer’s tape suggests he may have
(DBN)

Movie Massacre Victims Are Being Harassed Online, D.A. Says
(DBN)

The Weight Loss Obsession Of Anne Hathaway’s Lawyer Dad
(DBN)

Drunk driver leads cops on high-speed chase; 21 local residents sued
(DBN)

Kids Die At Ski Resort After Being Left in Car Heated to 145 Degrees
(DBN)

Derrick Martin Loses Playoff Game While Family Is Held Hostage
(DBN)

Cell Phone Carelessness Sufficient For Negligent Homicide
(DBN)

TV Station Apologizes For Emergency Broadcast About Zombie Apocalypse
(DBN)

Say What?!
(DBN)

______________

Judges:

What It Takes To Get An Impossibly Prestigious Supreme Court Clerkship
(DBN)

Gunfire Erupts Inside Courthouse, Multiple People Killed --- Custody Row Led to Del. Courthouse Shooting, Biden Says
(DBN)

To go or not to go: Supreme Court at the State of the Union
(DBN)

Fourth Circuit needs attorneys for Pro Bono Bankruptcy Project
(DBN)

Model rule change guides judges considering pro hac vice admission for foreign lawyers
(DBN)

‘De-lawyering’ of problem-solving courts suggested by Delaware chief justice
(DBN)

Justice Thomas speaks at Harvard Law
(DBN)

Judge Censured - Dissents Favor Removal
(DBN)

Civil Rights Group Files Complaint Against Federal Judge
(DBN)

Courthouse shooting highlights growing risk—security expert
(DBN)

______________

Wall Street:

Stock futures signal lower open
(DBN)

Stocks End Lower in Light Trading
(DBN)

Value of Stocks Up $12 Trillion Since 2009
(DBN)

______________

Layoffs:

SEAL Who Shot Bin Laden Left The Navy With No Pension, And Little Hope
(DBN)

18 Of The Best Perks At Top Employers
(DBN)

Young Adults Need To Face The Harsh Truths About Their Careers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Food/Beverage:

Mayerson's Stir Crazy, FlatTop Grill parent files for bankruptcy
(DBN)

Court approves lead bids for Hostess' brands
(DBN)

The Hostess Auction — What to Expect
(DBN)

______________

Economy:

Is Congress really going to miss its free lunch on infrastructure?
(DBN)

Obama rules out raising Medicare eligibility age to cut spending
(DBN)

Funny, Boehner Loved Sequester When Passed
(DBN)

Economic Data That's Even More Exciting Than The Jobs Report
(DBN)

Barack Obama Is Going To Make A Huge Pivot In Tonight's State Of The Union
(DBN)

A Raid Is Coming On Social Security
(DBN)

25 Billionaires Giving Away Their Fortunes
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Westport Waterfront auction canceled after bankruptcy petition
(DBN)

How A Homeowners Association Went Bankrupt Because Of One Obama Yard Sign
(DBN)

CMBS Delinquencies Down In January
(DBN)

Here's How Much House You Can Get For $650,000
(DBN)

____________

Aviation:

American-US Airways merger talks zero in on boardroom
(DBN)

US Airways CEO Doug Parker learns from past merger flops
(DBN)

In clash of visions, US Airways had the winning idea
(DBN)

Reports point to American/US Air merger announcement this week
(DBN)

American-US Airways Deal Could Mean End of Airline Stock Run
(DBN)

What an American-US Airways Merger Would Mean for Frequent-Fliers
(DBN)

The Plane That's The 'New Face' Of American Airlines
(DBN)

Boeing Test Flies 787 As Concerns of Prolonged Grounding Mount --- Five CEOs Weigh in on the Dreamliner Debacle
(DBN)

______________

Religion:

Pope's Resignation Throws Spotlight on Lawyers Handling Long-Running U.S. Sex Abuse Litigation
(DBN)

______________

Credit Reporting:

Fixing your error-ridden credit report
(DBN)

5% of Credit Reports Contain Costly Errors: FTC
(DBN)

How America's Credit Reporting System Gets Away With 40 Million Errors
(DBN)

______________

Municipalities:

City’s Right to Reach Compromise Without Court OK ‘Shrouded In Mists of Time’
(DBN)

San Bernardino filing defends its level of finance department staffing
(DBN)

Baltimore mayor proposes major pension reform, workforce cuts
(DBN)

Insolvency Looms in Detroit Suburb as Studio Fails
(DBN)

If Detroit needs emergency manager, Michigan gov. has 'short list'
(DBN)

Where's the Money? City Asks Developer
(DBN)

Fresno goes from solvent to basket case
(DBN)

Officials: City of Jeannette in 'desperate' financial shape
(DBN)

The US Metropolitan Areas Packed With The Most Rich People
(DBN)

Where Single Men And Women Live
(DBN)

______________

Student Debt:

Bankrupt at 23: College Grad's Financial Ruin and Rebound
(DBN)

Discover Says Potential Student-Lending Changes Are Manageable
(DBN)

______________

Education:

Push to Gauge Value of College Gains Steam
(DBN)

______________

Banking:

Owners of Insolvent Bank Can't Go After the FDIC
(DBN)

Barclays to Axe 2,000 Jobs in LIBOR Scandal Recovery Attempt
(DBN)

CFO: FASB Wants Banks to Forecast Loan Losses
(DBN)

______________

Health Care:

San Diego Hospice's Future Is Uncertain
(DBN)

______________

Glass:

Mexican glassmaker Vitro in talks with creditors, shares rise
(DBN)

______________

Gambling:

New Jersey Governor Chris Christie Conditionally Supports Online Gambling – Boyd Gaming and Caesars Stocks Rally as a Result
(DBN)

______________

Fashion:

The Grammy's best and worst dressed
(DBN)

______________

Tax:

8 Apps That Will Make Tax Season Painless
(DBN)

______________

Basketball:

Maloofs disclose details of Kings sale to bankruptcy trustee
(DBN)

______________

Corporate Reform:

California AG's false claims case vs S&P: secret route to issuers?
(DBN)

Obama S&P Case Started When Toxic Debt Masqueraded as AAA
(DBN)

S.&P. Lawsuit Draws New Line in the Sand
(DBN)

______________

Maritime:

Ex-Presidential Yacht’s Owner Mired in Debt, Lender Says
(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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (110 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)

Deborah Schrier-Rape To Moderate Commercial Real Estate Women Los Angeles Panel on February 13
(DBN)

______________

Bankruptcy Statistics:

Trading in shares of bankrupt companies
(DBN)

Metro Phoenix bankruptcies decline further
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Plan Confirmation:

Individual Debtors in the Tenth Circuit Can’t Escape the Absolute Priority Rule
(DBN)

______________

Bankruptcy Reform:

AZ: Gilbert legislator Farnsworth works to update state's bankruptcy laws
(DBN)

______________

Recent Pleadings:

ATP Creditors Committee Demands Trustee Or Liquidation
(DBN)

______________

Derivatives:

CDS Contracts Not Ready For The Ways We Go Bankrupt Now --- Oh look the CDS market isn't working again
(DBN)

______________

Environmental:

Bankruptcy Loses Arguments for Special Relief Under Prepetition Agreements for Environmental Liability
(DBN)

______________

Litigation:

Crisis is Not Carte Blanche for E-Discovery Spending
(DBN)

Four Simple Rules for Effective Discovery
(DBN)

______________

Telecoms:

Nortel Creditors Battle Over When to Hold Trial Over Cash Split
(DBN)

______________

Credit Counseling:

Behind the Credit Counseling Curtain
(DBN)

______________

MLM:

The Very Fine Line Between A Real Business And A Pyramid Scheme
(DBN)

______________

Finance:

ResCap Seeks Approval of Chief Restructuring Office
(DBN)

______________

Hollywood:

Another effects house files for bankruptcy -- can L.A. sustain movie magic?
(DBN)

R&H hoping for fast exit from bankruptcy
(DBN)

______________

Oil/Gas:

Report: Flurry of For Sale Signs in Oil Patch
(DBN)

U.S. files suit against ATP charging illegal oil release
(DBN)

______________

Personal Finance:

Making Your Money Last Through Retirement
(DBN)

______________

Fraud:

Report: Maloofs turn over Seattle sale documents to bankruptcy trustee
(DBN)

Insurers Blamed in Stanford Ponzi Scam
(DBN)

Pacchia Says Rajaratnam Wiretaps Will `Drive Appeal'
(DBN)

New York fund manager arrested on Ponzi scheme charges
(DBN)

Insider trading informant gets year of probation
(DBN)

Two plead guilty in NJ over $65 mln tax refund fraud
(DBN)

In fight against health care fraud, the numbers keep growing
(DBN)

______________

Sovereigns:

NML Wins Another Round in Argentine Bondholder Battle
(DBN)

______________

UK:

Barlcays Is Finally Answering For The Mysterious £3 Billion Investment That Saved It From Getting A Government Bailout In 2008
(DBN)

RLPC-GHG in talks to restructure $3bn debt pile-sources
(DBN)

Cobbetts creditors must wait and hope
(DBN)

UK Inflation Remains at 2.7% as Price Pressures Increase
(DBN)

Martine McCutcheon Bankrupt : Former 'EastEnders' Star Is Broke
(DBN)

Former 39 Essex Street silk guilty of £600,000 VAT fraud
(DBN)

______________

EU:

Eurozone Braces for Worst Quarterly Output Since Lehman Aftermath
(DBN)

EU Presses Peugeot for Restructuring Plan
(DBN - NY Times - Paywall Limit Possible)

______________

PIIGS:

Spain One-Year Borrowing Costs Rise Before Rajoy Meets Draghi
(DBN)

______________

Canada:

Indalex – Priorities and Pension Deficiencies
(DBN)

SCC Decision in Re Indalex not good news for cash collateral arrangements
(DBN)

Practical implications of the Supreme Court of Canada’s decision in (Re)Indalex
(DBN)

______________

Cyprus:

Cyprus rejects losses for depositors, Eurogroup skirts issue
(DBN)

______________

Australia:

Ready for take-off: Creating a more creditor-friendly insolvency regime for Australian aviation finance
(DBN)

______________

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