February 15, 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:

AMR's $11 Billion US Airways Merger a Boon to Big Firms
(DBN)

Pa. Firms Land Roles in $11 Bil. Airline Merger
(DBN)

Bonus Watch: Bellyachin’ at Akin
(DBN)

From Biglaw to Boutique: Easier Said Than Done
(DBN)

New York Bankruptcy Attorney Joins Polsinelli Shughart
(DBN)

Busted Barrister of the Day: Liar Liar, Wig on Fire?
(DBN)

Munger, Kirkland, Davis Polk, Latham, Weil: Business of Law
(DBN)

Sitting All Day Is Literally Killing Us
(DBN)

Is Lateral Hiring Good for Law Firm Business?
(DBN)

With Back-Office Operations Kentucky-Bound, Bingham COO Is Headed There Too
(DBN)

Alabama Rolls Harvard At Law; Editor Explains Rankings
(DBN)

Georgetown Law wins Valentine's Day with these Supreme Court-themed love cards
(DBN)

How Grad PLUS Loans Sustain Zombie Law Schools
(DBN)

A Law School Scarier Than The Job Market?
(DBN)

The Harlem Shake Takes Law Schools By Storm
(DBN)

Behemoth Constitutional Law Class To Have Two Curves
(DBN)

Adding value, managing costs, and participating in the conversation–a dean’s view
(DBN)

Law dean sees legal practice from a new perspective
(DBN)

Law School Transparency: An unsentimental education
(DBN)

FDR did fine without a 3L year
(DBN)

The Legal Whiteboard: Jim Moliterno Answers Questions on W&L's 3L Program; Supplies Additional Data on W&L
(DBN)

Professor Gives As To Entire Class for Not Taking Exam
(DBN)

Hot Law Students Fuel Valentine’s Spike In University ‘Spotted’ Facebook Posts
(DBN)

President Lincoln's 6 Lessons for General Counsel
(DBN)

Lawyers can't spread innuendo about opposing parties outside court
(DBN)

Lawyer explains why he took a massive paycut to work with Regis Philbin
(DBN)

Aurora, Ill.'s Murder-Free Year Shows What Chicago Is Doing Wrong
(DBN)

A lawyer’s lies about her age lead to her downfall
(DBN)

Law: Will it become a "pink ghetto"
(DBN)

Chastity, Cravath, and Alec Baldwin
(DBN)

US legal philosopher Ronald Dworkin dies in London
(DBN)

Girlfriend of Oscar Pistorius was a law graduate
(DBN)

Going Paperless: What You Need (Part 1 of 3)
(DBN)

Big Brother and Your Law Firm Website
(DBN)

Slaying Romance, Lawyer Style: A Romantic Valentine’s Day Memorandum of Understanding
(DBN)

Parolee Puts GPS on Dog So He Can Deal Drugs and Guns
(DBN)

Prosecutor was so drunk he may have lacked intent in ambulance worker assault
(DBN)

Fairfax County schools place new playground apparatus off limits to kids
(DBN)

Disbarred Florida lawyer caught after 26 years on run
(DBN)

Jury awards $63M in Motrin suit; lawyer says drug caused reaction ‘like having your skin burned off’
(DBN)

300-Pound Man Expertly Raids Victoria's Secret
(DBN)

Dewey Know Why Blade Runner Allegedly Shot His Girlfriend? --- Blade Runner Pistorius sobs as court hears murder charge
(DBN)

Police Lock Down High School After Food Fight Turns Into Brawl
(DBN)

Walter Unbehaun, 73, robs Chicago bank so he can return to prison
(DBN)

______________

Judges:

It's Time For The United States To Start Protecting Its Supreme Court Justices
(DBN)

Obama’s speech didn’t excite Ginsburg
(DBN)

The Wisconsin Supreme Court Abuse Case Is Getting Even Weirder
(DBN)

No testimony from state supreme court justice in political corruption case against her --- Witnesses' inconsistencies of alleged politicking on job likely benefit Melvin
(DBN)

Scalia calls State of the Union speech ‘a childish spectacle’
(DBN)

Woman shot in face outside court, suspect shoots at police during chase
(DBN)

The Eyes of the Law: Winged Justice
(DBN)

Following Ticket-Fixing Scandals, Pa. Senate Passes Legislation to Eliminate Phila. Traffic Court
(DBN)

______________

Wall Street:

Stock futures flat as G-20 meets; UMich awaited
(DBN)

US stocks fall amid flurry of M&A
(DBN)

Shopping Spree for Wall Street
(DBN)

______________

Layoffs:

A Rise In The Minimum Wage Would Slam Teenage Employment
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Banking:

Lehman Seeks to Question 'London Whale' in J.P. Morgan Dispute
(DBN)

______________

Municipalities:

Bankruptcy judge dismisses Birmingham's lawsuit against Jefferson County filed over the closure of Cooper Green Mercy Hospital
(DBN)

Jefferson County Commission votes unanimously for deal that could help end bankruptcy
(DBN)

S&P Report: No Trend Seen in Recent California Bankruptcies
(DBN)

Bankrupt Alabama county OK's debt deal with European bank
(DBN)

Jefferson County deal could pave way to exit bankruptcy, officials say
(DBN)

Horse-loving ex-city comptroller who embezzled $54 million gets 19.5 years in prison
(DBN)

What Emergency Manager? Bing Sidesteps the Elephant In State Of The City
(DBN)

Detroit emergency manager, a job for a "poor devil"
(DBN)

Jefferson County to present its side when sewer trial restarts in March
(DBN)

States Worry on Falling Sales Tax Collections
(DBN)

Iowa unaware of company's fraud suit
(DBN)

Battle Ground School District seeks levy to maintain schools
(DBN)

The Middle Class Is Getting Pushed Out Of NYC
(DBN)

Cuomo to Cities: Just Borrow
(DBN)

Pittsburgh's Time of Transition
(DBN)

______________

Celebs:

Bankrupt Celebrities: Stars Who've Lost It All (PICS)
(DBN)

______________

Economy:

Jobless Claims in U.S. Decreased More Than Forecast Last Week
(DBN)

Growth Not Enough to Help Middle Class
(DBN)

$9 Minimum Wage Still Less Than in 1974
(DBN)

Corporate USA Once Supported Wage Hikes --- What Happens When Minimum Wage Rises?
(DBN)

Consumers Didn't Cut Spending After Tax Hike
(DBN)

Small-Business Owner Confidence Barely Budges
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

30-year mortgage rate steady at 3.53%
(DBN)

A Legal Wind Doesn't Blow BofA's Way
(DBN)

Regulator Explains Decision to End Flawed Foreclosure Review
(DBN)

Regulators Open to Lending-Rule Changes
(DBN)

Housing Inventory, Already Low, Dropped Further in January
(DBN)

ResCap Wants More Time to File Bankruptcy Plan
(DBN)

Hensarling: FHA may be “bailout broke”
(DBN)

Mortgage settlement monitor says ally financial has satisfied $200 million in consumer relief required under multi-bank pact
(DBN)

Trump Plaza sold for bargain-basement $20 million
(DBN)

California home prices, sales up in January
(DBN)

FHA considered 'high-risk' by government oversight group
(DBN)

Donovan: Sequestration could devastate Fed housing programs
(DBN)

Twenty-Six States See Rise in Foreclosure Auctions
(DBN)

Where Have All the Foreclosures Gone?
(DBN)

Foreclosure starts decline to six-year low
(DBN)

____________

Aviation:

American Airlines approves merger with US Airways
(DBN)

Airline Merger Could Squeeze Some Hub Airports
(DBN)

Merger creates lobbying titan
(DBN)

AMR CEO Horton to Get $19.9 Million in US Airways Merger
(DBN)

US Airways-American deal seen as a win for shareholders but not consumers
(DBN)

Parker an old hand at melding staff --- Parker flies high with AA, US Airways merger
(DBN)

Tom Horton on leading American through bankruptcy to merger
(DBN)

US Airways' Kirby On Merger Rules: Bring Labor In, Get Systems Right
(DBN)

How Labor Made the USAirways/AMR Merger Happen --- Deal for AMR Turned as US Airways Courted Pilots
(DBN)

Biggest winners in the American-US Airways deal
(DBN)

New American Airlines board of directors taking shape
(DBN)

US Airways CEO Gets AMR Prize Capping Deal Wave He Began
(DBN)

How Airline Mergers Saved an Industry—and May Even Benefit Fliers
(DBN)

A timeline of events in American Airlines' history
(DBN)

The new American Airlines: Social media responds
(DBN)

The matchmakers behind the AMR-US Airways marriage
(DBN)

AMR Creditors With $1.2 Billion in Claims Agree to Merger
(DBN)

AMR shares increase 45% after merger announcement
(DBN)

American Airlines employees gather at D/FW Airport Hyatt to hear about US Airways merger --- Pilot leaders: Now we’ll try to get the best contract possible for our American Airlines and US Airways pilots
(DBN)

The US Airways unions speak out on the American Airlines merger
(DBN)

US Airways and American Airlines CEOs see few job cuts
(DBN)

Pension agency is happy about outcome for American Airlines employees
(DBN)

Horton: It’ll probably take six months to get this American Airlines-US Airways merger completed
(DBN)

Senate hearing expected on American, US Airways deal
(DBN)

American, US Airways Face Challenges in Integration
(DBN)

What about American Eagle and US Airways Express?
(DBN)

American Eagle Future Probably Will Be Decided in 2013, CEO Says
(DBN)

KFA lenders seek legal view on Mallya's assets --- 'KFA lenders to recover Rs 1000 cr by March'
(DBN)

______________

Autos:

GM profit misses estimates; losses in Europe deepen --- U.S. Buyers Keep GM Rolling
(DBN)

EU: Car Industry Winners, Losers Adrift Apart
(DBN)

EU Auto Crisis is an Endurance Test
(DBN)

______________

Health Care:

Bankrupt Bamberg County Hospital in SC Prepares for Proposed HCA Buyout
(DBN)

Bankrupt California Hospital Lays Off 20 Employees
(DBN)

Patel offers $36.5M for Universal Health Care
(DBN)

Moody's downgrades nonprofit healthcare debt
(DBN)

Scripps to buy hospital and assume patients, employees from failing hospice
(DBN)

______________

Fraud:

'Frustrated' Madoff Now Second Guessing Guilty Plea
(DBN)

Irving Picard keeps picking up more Madoff money
(DBN)

Receiver Claims AmEx Got $5 Million in Scam
(DBN)

Feds Accuse Fund Manager of $1.5M Ponzi
(DBN)

Feds arrest 14 in alleged massive Southland stock scheme
(DBN)

NCAA revealed ties with Shapiro attorney prior to public disclosure
(DBN)

Ex-San Diego Mayor Misused Charity Funds for Gambling, Lost $1 Billion
(DBN)

______________

Politics:

In role reversal, Elizabeth Warren grills financial regulators
(DBN)

Warren Comes Out Swinging
(DBN)

______________

Credit Reporting:

NACM Opposes Virginia Bill That Would Cool Exchange of Commercial Credit Information
(DBN)

______________

Brokers:

MF Global customers get back up to 93 percent of funds
(DBN)

Settling MF Global claims: Who gets what and why?
(DBN)

MF Parent, Creditor Plan 'Not Confirmable' on Fees, Suits
(DBN)

Wasendorf Books May Be Headed for Shredder
(DBN)

______________

Cruise Ships:

Passengers leave cruise ship telling tales of woe
(DBN)

Cruise ship fires occur with ‘alarming frequency,’ maritime lawyer says
(DBN)

______________

Hollywood:

Rhythm & Hues Bankruptcy Could Affect Five Different Films
(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 (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (33 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:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Valuation:

Fitch: enterprise valuation key to creditor recoveries in bankruptcies
(DBN)

______________

Avoidance Actions:

Are Charitable Gifts and Donations Fraudulent Transfers?
(DBN)

______________

Food/Beverage:

PACA creditors can still file against EuroFresh
(DBN)

Tesco sweet potato supplier goes bankrupt
(DBN)

Heinz Creditors Don't Like Buffett Buyout
(DBN)

______________

Corporate Reform:

Senator Warren to watchdogs: bring more banks to trial
(DBN)

The Eye Of The Beholde: Cordray
(DBN)

The Largest Corporate Fines And Settlements Since 2005
(DBN)

Shifting Blame Muddles S&P Suit
(DBN)

______________

Litigation:

Why Is Privatized Procedure So Rare?
(DBN)

Judge Says OK to Broad Search of Party's Emails at Its Own Expense
(DBN)

______________

TBTF:

Resolution Lemonade: Finding the Positives in Recovery and Resolution Planning
(DBN)

______________

Telecoms:

Nortel Wins Approval of Deal With Disabled Former Workers
(DBN)

_____________

Mass Torts:

Federal judge accepts $400 mln Macondo settlement by Transocean
(DBN)

______________

Consultants:

Huron Consulting Group Adds Restructuring and Turnaround Expert
(DBN)

Hilco Expands Senior Management Team at SD Retail Consulting
(DBN)

______________

Oil/Gas:

Drilling company files for Ch. 11 protection
(DBN)

______________

Hotels:

US Bancorp's Lawsuit Against Lightstone Group Revived
(DBN)

______________

Student Debt:

Could Marco Rubio Fix Student Loans ?
(DBN)

Welcome to subprime university
(DBN)

The high cost of a cheap college
(DBN)

How to fix the college financial aid system
(DBN)

Saving Money on College: Why Some Strategies May Not Work as Promised
(DBN)

______________

Compensation:

Deferred Pay Draws Fed's Scrutiny
(DBN)

______________

Golf:

Judge refuses to reconsider trustee for Cherry Hill's Woodcrest golf course
(DBN)

______________

Tax:

Israeli Bankers Helped California Man Cheat IRS, U.S Says
(DBN)

______________

Telecoms:

LightSquared Keeps Control over Chapter 11 Case But Must Work with Lenders
(DBN)

______________

Sovereigns:

Forty-nine minutes of contempt (Argentina edition)
(DBN)

______________

UK:

Britain unveils rules to bar tax dodgers from contracts
(DBN)

American Lawyer Charged With Forgery Over False Professional Claims Before London Court
(DBN)

Hodge lambasts taxman over fraud progress
(DBN)

MF Global administrators announce higher return to creditors
(DBN)

E&Y administrators called to fashion retailer Republic
(DBN)

Deloitte administrators to close 164 Blockbuster stores
(DBN)

Jessops: Scale of financial horror revealed
(DBN)

Martine McCutcheon’s £1,000 hair-do hours after being declared bankrupt
(DBN)

______________

EU:

Eurozone recession sends shares lower
(DBN)

Europe's Youth Unemployment Nightmare In 18 Charts
(DBN)

______________

PIIGS:

Greece unemployment rate climbs to 27 pct in November --- Greek economy shrank by 6 pct in final quarter of 2012 --- Risk of Grexit ?drastically reduced,? central banker says
(DBN)

______________

Lithuania:

Lithuania Seeks Sale of Ukio Bankas Assets to Avert Failure Cost
(DBN)

______________

Australia:

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

______________

Jamaica:

Fitch downgrades Jamaica
(DBN)

______________

Hong Kong:

More bankruptcies filed in January
(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