February 14, 2013

The Daily Bankruptcy News

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Law:

Bonus Watch: Morrison & Foerster
(DBN)

Stealth Lawyer: Art Chung, Game Show Writer
(DBN)

At Deadline, New Batch of Dewey Dissenters Steps in to Challenge Partner Settlement
(DBN)

Firms Remain Cautious About Hiring as Legal Economy Continues to Falter
(DBN)

Foley, Venable, Davis, Weil, Herbert: Business of Law
(DBN)

Choosing laterals over homegrown talent may be shortsighted for firms
(DBN)

Foot In Mouth Disease…
(DBN)

Company loses bid to bar Foley & Lardner from case
(DBN)

Dechert Settles Fired Associate's Paternity Leave, FMLA Claims
(DBN)

Layoffs, leasing issues aligned with restructuring of legal sector
(DBN)

Are Lawyers Prone to Have Bad S-- Lives?
(DBN)

Shaken by death of lawyer slain by mediation opponent, colleagues ponder safety concerns --- Locked doors, safety training and remote car starters go a long way to protect lawyers, expert says
(DBN)

Robbins Geller gets a pass in Georgia confidential witness flap
(DBN)

Kasowitz Benson Makes Modest Gains in Revenue, Profits
(DBN)

At Dorsey, Profits Drop for Fifth Straight Year
(DBN)

Latham's Profit Engine Fires on Eight Cylinders
(DBN)

Profits per Partner Rise at Andrews Kurth
(DBN)

Corporate Counsel: Agenda 2013
(DBN)

Bankruptcy Attorney Going to Washington to Sound Alarm on Emerging Student Load Debt Crisis, Other Key Issues
(DBN)

A New Law School Ranking Says The University Of Alabama Is Better Than Yale Or Harvard
(DBN)

Columbia Con Law Debacle Creates 200-Person Class That Angers Students
(DBN)

Conservative Law Professor Who Sued School Busted For Drinking And Idling
(DBN)

Law School Transparency: Thinking like a law professor
(DBN)

The Legal Employment Market, Student Debt, and Legal Education Reform
(DBN)

Police Believe Body Found In Burnt Cabin Belongs To Fugitive Ex-Cop --- Police Appeared To Shout 'Burn This Mother' Down Before Fire Engulfed Rogue Ex-Cop's Cabin --- Fugitive Ex-Cop Appeared To Have Malignant Narcissistic Personality Disorder
(DBN)

Can ‘love contracts’ ward off potential litigation from office romances gone bad?
(DBN)

Bedridden man uses Skype to testify in court
(DBN)

How Law Nerds Will Get It On For Valentine’s Day
(DBN)

Guantanamo warden says he didn't know about microphones in meeting rooms
(DBN)

Drug trafficker serving time testifies attorney sold kilos of coke from his law office
(DBN)

Judge orders lawyer to take down Facebook posts re McDonald’s settlement
(DBN)

Florida Woman Arrested After B--- Kicking Spree
(DBN)

Mom Charged For Letting Son, 3, Pump Gasoline
(DBN)

Billing Six Hours For Preparing Bill Is Unreasonable
(DBN)

Attorney Suspended After Biting Officer In Traffic Stop
(DBN)

Girlfriend Of Star Sprinter Oscar Pistorius Hinted About Surprising Him On Valentine's Day Before Getting Shot --- Police To Oppose Bail
(DBN)

Ex-Death Row Guard Describes The Chilling Hours Before An Execution
(DBN)

Low grade dispute --- Judge blasts both sides in Lehigh grad’s $1.3M case, doubts he has power to order a ‘B’ grade
(DBN)

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Judges:

Nobody Hates The State Of The Union Address More Than Justice Scalia --- Three justices skip State of the Union
(DBN)

Court officers face false arrest suit over incident in courthouse security line
(DBN)

Sotomayor now opposes cameras at the court
(DBN)

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Wall Street:

Stock futures signal early losses
(DBN)

US stocks close mixed on lackluster earnings
(DBN)

Markets Have Turned South After GDP Bombs Everywhere
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

Fed Official: Fixing Job Market to Take Years
(DBN)

Why The Hiring System Is Failing
(DBN)

Thomson Reuters Posts 4Q Profits Of $372 Million, Will Cut 2,500 Jobs
(DBN)

Barclays to cut 3,700 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

SAMC files for bankruptcy
(DBN)

Brookdale Hospital in New York Owes $6.4M in Unpaid Water Bills
(DBN)

Michael Brown: Bankruptcy, Shmankruptcy -- Let's Buy a Baseball Player's Mansion!
(DBN)

America Is Addicted To Physical And Mental Boosters
(DBN)

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Municipalities:

Judge overrules Pontiac emergency manager on pensions --- Judge: 'Looks like a dictatorship'
(DBN)

In order to live, Detroit may first have to die
(DBN)

Jefferson County Settles Claim Held by School Bondholder
(DBN)

San Bernardino police, firefighters seek to sue city
(DBN)

Fresno Mayor Orders Worker Cuts to Fend Off Insolvency
(DBN)

Financial Advisory Board mandates furloughs for Detroit union workers
(DBN)

Detroit Mayor Says City Is Making Progress on Debt
(DBN)

Detroit mayor says Michigan shares blame for city's fiscal woes
(DBN)

State of the City address: Fix finances, fix Detroit, Mayor Dave Bing says
(DBN)

Who's the right emergency manager for Detroit?
(DBN)

Jeannette officials weigh next step
(DBN)

Texas and California spar over jobs and taxes
(DBN)

The Cheapest Cities To Live In The U.S.
(DBN)

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Brokers:

Amended MF Global liquidation plan warns of risk to JPMorgan
(DBN)

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Cruise Ships:

Passengers On Stranded Cruise Ship Are Camping On Deck And Waiting In Line For Food - "Shanty Town"
(DBN)

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Mail:

Six in 10 Americans Favor Ending Saturday Mail Delivery
(DBN)

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Autos:

Auto Bailout Loss Lowered to $20.3Bn
(DBN)

Detroit Worker Bonuses Approach Records on Rising Profits
(DBN)

Fiat Looks for Financing Ahead of Chrysler Buy
(DBN)

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Economy:

Audit watchdog is in sequestration line of fire
(DBN)

SEC chairman to request budget boost as sequestration looms
(DBN)

U.S. Treasury nominee Lew calls tax reform top priority
(DBN)

Survey: Three out of five CFOs expect no growth in the coming year
(DBN)

Reality Check: $2.5 Trillion in Deficit Cuts
(DBN)

Boomers Never Got Their $40T Inheritance
(DBN)

US Minimum Wage Is Pretty Low Compared To Some Countries
(DBN)

Food Stamp Users Could be Benefit Cut
(DBN)

Last Quarter's GDP Report Was Even Stronger Than We Realized
(DBN)

There's No Way Manufacturing Can Save America
(DBN)

The 20 Companies With The Most Low-Wage Workers
(DBN)

Study: M&A a Top Investment Priority for CEOs
(DBN)

In State of the Union, Obama Swerves Back to Center --- Obama Takes Tax Ideas From 2012 --- Obama keeps pressure on Republicans with jobs plan
(DBN)

Small Businesses Leading Nation's Economic Recovery
(DBN)

The 25 Most Innovative Businesses In New York City
(DBN)

Why Can't the Economy Really Get Going?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fed Economists: Weigh ‘Good News’ in Eminent Domain Debate
(DBN)

Underwater and Drowning? Some Facts about Mortgages that Could Be Targeted by Eminent Domain
(DBN)

Mortgage Burden Grows, but Federal Role Is Shrinking
(DBN)

Judge: Wells Fargo's $5B deal with feds does not bar new action
(DBN)

Housing Industry Pins Hopes on Obama to Soften Down-Payment Rule
(DBN)

Mortgage Applications, Refi Activity Take A Spill
(DBN)

Job growth in housing lingers near post-bubble lows
(DBN)

American Farmland Prices Are Going Bonkers
(DBN)

Why Buying An Old Home Is A Bad Investment
(DBN
)

REO Insurance Remains Consistent Amid Extreme Industry Changes
(DBN)

CFPB issues guidance on mortgage servicing transfers
(DBN)

Southern California home prices rise; foreclosures fall statewide
(DBN)

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Retailing:

Retail Sales in US Increase for Third Straight Month --- Sales Report Comes Right In Line With Expectations --- Don't Get Excited Yet
(DBN)

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Aviation:

AMR creditors OK $11 bln American-US Air merger - sources
(DBN)

AMR, US Airways Boards Said to Approve $11 Billion Merger
(DBN)

Airline mergers mean more lost luggage, flight delays
(DBN)

Airline Dealmaker Frank Lorenzo Says Doug Parker Got it Right
(DBN)

New leader of American never planned to be a CEO
(DBN)

US Airways watched American flounder, then pounced
(DBN)

The American-US Airways Merger Is a Bad Idea
(DBN)

Fitch Warns of Airport Trouble Should AMR, US Airways Merge
(DBN)

Here’s how long it took for other mergers to go from announcement to closing
(DBN)

How much is an American Airlines-US Airways merger worth? Good question
(DBN)

We don’t have a merger yet, but we may have a merger website
(DBN)

Here's What Travelers Can Expect From The World's New Biggest Airline
(DBN)

Next Step in Airline M&A: Cross-Border Deals
(DBN)

Bahrain Air Files For Bankruptcy Resulting In Cancellations Of All Flights
(DBN)

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Fraud:

Madoff Trustee to Distribute $505 Million to Customers
(DBN)

Law Judge Affirms Tax Bill of $1 Million to Peter Madoff
(DBN)

Stanford’s Accountants Face 20 Years in Prison at Sentencing
(DBN)

SAC Probe Said to Be Hampered by Auto-Deleted E-Mails
(DBN)

SEC to roll out ‘RoboCop’ against fraud
(DBN)

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Telecoms:

LightSquared Lawyer Says Lenders Settle on Exclusivity
(DBN)

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Financial Literacy:

Which Consumer Financial Education Programs Are Most Effective?: Assuming a Fact Not in Evidence
(DBN)

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Labor:

UMWA Continues Its Patriot Protest --- 10 arrested at protest of Patriot bankruptcy case --- Patriot proposes bonuses in midst of bankruptcy
(DBN)

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Gambling:

Revel bankruptcy whispers grow
(DBN)

Casino Revamp Banks on U.S. Program
(DBN)

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Shipping:

IRS Seeks $463 Million in Taxes From Overseas Shipholding Group
(DBN)

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Corporate Reform:

U.S. insider trading informant Fortuna gets two years probation
(DBN)

Democratic senators condemn move to block consumer bureau nominee
(DBN)

Warren pushes for Cordray
(DBN)

A Former SAC Analyst Just Told The Feds He Was Pressured To Get Inside Information
(DBN)

Two very Important FTC Studies, One on Credit Reports and One on Debt Buyers
(DBN)

SEC is Full of Sellouts Too
(DBN)

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Banking:

Fitch: U.S. Banks' Bulk Loan Sales to Grow
(DBN)

Strategic Growth Bancorp's Acquisition and Recapitalization of Mile High Banks in a Section 363 Sale
(DBN)

Solow Sues Citigroup, BofA Alleging Manipulation of Libor
(DBN)

RBS faces pressure to hold more executives accountable for Libor
(DBN)

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Food/Beverage:

Executive to be sentenced in tomato price-fixing scam
(DBN)

Frugal diners, higher costs could squeeze restaurants in 2013
(DBN)

The Best Italian Restaurants In 25 Big Cities Around The US
(DBN)

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Hedge Funds:

George Soros Has Made $1 Billion In Just A Few Months On The Plunging Yen
(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 (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (25 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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Miscellaneous:

Bill on Bankruptcy: Rakoff Reverses Himself in Madoff Case
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

Delaware Bankruptcy Court Declines to Designate Votes of Parties to a Post-Petition Restructuring Support Agreement
(DBN)

Indy Downs: Lock-Up Agreements Are A Valuable Tool
(DBN)

No Soliciting? Delaware Court Holds that Restructuring Support Agreement Does Not Constitute Premature Solicitation Warranting Designation of Votes
(DBN)

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Jurisdiction:

Circuit split over parties' expanding a bankruptcy court's power
(DBN)

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UCC:

Fifth Circuit Holds that a Bank’s Security Interest Under Uniform Commercial Code 4-210(a)Defeats Provisions of 547(b)(5)
(DBN)

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Discharge:

Loans Made by Woman to Former Husband Held Not Dischargeable in Chapter 7
(DBN)

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Local Rules:

Change to Local Delaware Rule Governing Deadline for Filing and Service of Motions
(DBN)

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Hollywood:

L.A.'s Visual Effects Community Fears Grim Future
(DBN)

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Recent Pleadings:

GIT Asbestos Plan Confirmed
(DBN)

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Litigation:

Do arbitration pacts go against clients' best interests?
(DBN)

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Insurance:

D&O Insurance: Advancing Defense Costs in Bankruptcy
(DBN)

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TBTF:

Will Johnson and Warren Pair Up to End 'Too Big to Fail'?
(DBN)

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Brokers:

MF Global U.K. Unsecured Creditors to Get 40 Percent Payment
(DBN)

UK - Client money entitlement: Hindsight is not such a wonderful thing for some $244m client money claimants
(DBN)

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Finance:

Obama: ‘Let’s Streamline the Process’ on Lending
(DBN)

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Alternative Energy:

U.S. Grant to Battery Firm Paid Workers to Play
(DBN)

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Politics:

Warren's silent Senate approach
(DBN)

FactCheck: State of the Union Address
(DBN)

FactCheck: Rubio's State of the Union Response
(DBN)

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Ratings:

Citigroup Lost $15 Million With UBS’s ‘Crap’ CDO Blessed by S&P
(DBN)

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Celebs:

Now Trump is Slamming Beyonce'
(DBN)

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UK:

Pound Tumbles on Bank of England Inflation Report
(DBN)

Taskforce in self-assessment tax cheats crackdown
(DBN)

HMV administrators make 60 redundancies including CEO
(DBN)

Cobbetts debt recovery arm secures buyer; Taylor Wessing, Pinsents advise
(DBN)

Cleary, Linklaters and DLA advise as Republic joins high-street casualty list
(DBN)

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EU:

Euro zone economy falls deeper into recession
(DBN)

Eurozone GDP Contracts 0.6%
(DBN)

Eurozone GDP Trend Is Getting Disastrous
(DBN)

Daimler Bond Clause Shows Companies Still Plan for Euro Exit
(DBN)

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PIIGS:

ie: Mortgage arrears 'extraordinary'
(DBN)

Greek GDP Still Showing Awful Declines
(DBN)

Police in Rome arrest Angelo Rizzoli in fraud case
(DBN)

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Germany:

German street light maker Hess files for insolvency
(DBN)

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Croatia:

Hakom says Optima users not at risk from pre-bankruptcy deal
(DBN)

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Netherlands:

SNS Reaal Default Swaps Triggered by Restructuring Credit Event
(DBN)

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MENA:

Iran Hit With Major Scandal As U.N. Ambassador Shown Touching Hand Of A Woman
(DBN)

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Iceland:

Icelandic bank Kaupthing turns to Weil for latest settlement
(DBN)

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