February 5, 2013

The Daily Bankruptcy News

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Law:

Dewey & LeBoeuf's Art Collection Goes on the Auction Block
(DBN)

Ungaretti & Harris LLP Names New Co-Chair of the Finance and Restructuring Group
(DBN)

Greenberg Traurig departure: Florida bankruptcy chair Jim Leshaw forms his own firm
(DBN)

Law Firm Leaders Q&A: Reed Smith's A. Scott Bolden
(DBN)

Bankruptcy lawyer gets $115K and permanent injunction against former client's websites
(DBN)

Linklaters, Gibson Dunn, Clifford Chance: Business of Law
(DBN)

Yet Another Warning for Law Firms That Major Change is Afoot
(DBN)

Irell Sees a 19 Percent Surge in Profits
(DBN)

DLA set to unveil 9% global revenue hike as fee income nears $2.5bn --- DLA Piper's top earner pocketed £1.75m
(DBN)

Bracewell & Giuliani Drives Up Net Income by Half
(DBN)

Cooley posts strong revenue and profits rise for 2012
(DBN)

Dechert Grows Revenue 8.6 Percent, Holds PPP Steady
(DBN)

For Baker & Hostetler, Madoff Keeps Paying Dividends
(DBN)

At Half-Century Mark, Munger Tolles Sees Big Jump in Profits
(DBN)

Cozen, Blank Rome Answer Fraud Claims in N.Y. Federal Court
(DBN)

Lateral hiring at McDermott doubled in 2012 amid feeding frenzy at Dewey
(DBN)

On-Site Career Coaches—the Latest Big Law Must-Have?
(DBN)

GCs Less Satisfied Amid Cost, Regulatory Pressures
(DBN)

Low-profile UK lawyer scoops £10m pay packet
(DBN)

License Lawyers Without JDs?
(DBN)

No Growth in Partner Promotions at Many of N.Y.'s Largest Private Law Offices
(DBN)

Lessons Learned From Networking Outside the Bar
(DBN)

Patent Firm Sues Jenner & Block
(DBN)

Employer Claims To Offer Job Worth More Than Money, So He Won’t Pay Anybody
(DBN)

Keep Your Eyes Wide Open to De-equitization
(DBN)

Make Wiser Lateral Moves
(DBN)

‘Good talks have turned bad because women aren’t leading firms’
(DBN)

How to Make Some Rain
(DBN)

Assuming That People Are Idiots
(DBN)

PR and Marketing Are Essential to Keeping Partnerships Prosperous
(DBN)

Fired prof’s suit against law school is dismissed
(DBN)

Law School Transparency: The twenty-year drop
(DBN)

Disrupting the legal education marketplace
(DBN)

Lawyer is optimistic about collecting $26B judgment against Syria
(DBN)

Odd, threatening email sent by so-called assassin to lawyer
(DBN)

Texas DA offering an 'astronomical' amount of money to find out who killed his prosecutor
(DBN)

Just Go Away, One Attorney Tells Another
(DBN)

5 Tricks For Organizing Your Work Life
(DBN)

13 iPhone Apps To Use Every Day
(DBN)

LegalTech Report: Picture It Settled
(DBN)

California Preschool To Close After Students Allegedly Engaged In S-- Acts With Each Other
(DBN)

Saudi Cleric Issues Fatwa For Babies To Wear Burkas To Avoid Tempting Saudi Men
(DBN)

Law Student Nabbed For Ecstasy And Cocaine Possession Joins Cleary Gottlieb As An Associate
(DBN)

Manhattan Lawyer Says Sister-In-Law Asked Him To Impregnate Her And Then Called It Sexual Assault
(DBN)

Attempted consensual s-- in a wooded park results in discipline for Nebraska lawyer
(DBN)

Trump, Not Descended From an Orangutan, Sues Maher for $5M
(DBN)

Say What?!
(DBN)

______________

Judges:

Supreme Court Asked to Weigh Constitutionality of Obama Recess Appointments
(DBN)

Former Supreme Court Clerk Reveals The Most Stressful Part Of Law's Most Prestigious Gig
(DBN)

It’s Justice Sotomayor’s Beloved World; The Rest Of Us Are Just Living In It (Plus Tales From Her Honor’s Neighbors)
(DBN)

Sonia Sotomayor shows she's the least guarded Supreme Court justice
(DBN)

Sotomayor achieves ‘positive condo karma’
(DBN)

Sotomayor: Being a role model is ‘the most valuable thing I do’
(DBN)

Melvin's former aide resumes testimony; judge rejects mistrial
(DBN)

Insanity defense wins acquittal for judge who had altercation with deputies
(DBN)

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Wall Street:

US stock index futures signal higher Wall Street open
(DBN)

S&P 500 Has Biggest Drop of Year on Concern About Europe
(DBN)

Global shares, euro fall as Spain, Italy worries weigh
(DBN)

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Layoffs:

Jobless Stretches Getting Shorter
(DBN)

The 50 best employers in America
(DBN)

Hispanic Unemployment Edges Up to 9.7 Percent
(DBN)

10 In-Demand Jobs That Pay At Least $100,000
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Municipalities:

Bankrupt, Decaying And Nearly Dead: 24 Facts About The City Of Detroit That Will Shock You
(DBN)

San Bernardino: Could water save bankrupt city?
(DBN)

Default Risk at 18-Month Low as Confidence Climbs
(DBN)

Moody's Downgrades Record Public Finance Debt
(DBN)

Not Looking Good for Accused Bell Officials
(DBN)

10 States Where People Are Living On The Edge Of Financial Ruin
(DBN)

A Third of WNY Governments "Fiscally Distressed "
(DBN)

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Economy:

Orders to US Factories Rose Less Than Forecast in December
(DBN)

Nearly Half Of American Families Live On The Edge Of Financial Ruin
(DBN)

Americans Spending Greater Percentage of Income on Gas
(DBN)

Global Economy Living Off Fed's Gravy Train
(DBN)

Now It's Too Small to Fail
(DBN)

The 10 Most Profitable Companies Of 2013
(DBN)

Behind the falling US birthrate: Too much student debt?
(DBN)

Schiff: The Bernanke Shock
(DBN)

Commuters' wasted time in traffic costs $121B --- We're Driving Less, but Spending More on Gasoline
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

S&P: US to sue over '07 mortgage bond ratings
(DBN)

Objectors to $8.5 billion pact challenge BofA mortgage modifications --- Accuse Bank Of America Of Continuing Countrywide's Bad Practices --- Bank of America’s Mortgage Conundrum
(DBN)

Brian Moynihan May Have Kinda-Sorta Kept Running Countrywide Like Angelo Mozilo
(DBN)

$8.7 bln ResCap MBS deal takes a beating in new objections
(DBN)

Nevada Supreme Court Issues Opinion Denying Equitable Subrogation of a Subsequent Mortgage Over Pre-Existing Mechanics Liens
(DBN)

Former Solyndra Headquarters Sold
(DBN)

Freddie Mac: 84% of refinancing homeowners maintained or reduced debt
(DBN)

MBA: Multifamily originations grew 49% in 4Q
(DBN)

Mastro jewelry worth millions returned to Seattle
(DBN)

____________

Pensions:

Low rates force companies to pour cash into pensions
(DBN)

______________

Rating Agencies:

S&P facing charges over financial crisis ratings
(DBN)

______________

Aviation:

Despite Reorganizations, Scant Signs of Change in Airline Industry
(DBN)

TWU defends decision to give up profit sharing
(DBN)

Air Canada to appeal Aveos court ruling
(DBN)

Report: Air India flies Dreamliners despite 'grounding'
(DBN)

______________

Mass Torts:

W.R. Grace & Co. Bankruptcy Deserves Tale of Its Own
(DBN)

______________

Poultry:

N.C. chicken farmers sue buyer of Townsends plants
(DBN)

______________

Bankruptcy Crimes:

Sewickley Heights Couple Awaits Sentencing in Federal Court
(DBN)

Texas Businessman to Serve 15-Months in Prison for Bankruptcy Crimes
(DBN)

______________

Corporate Reform:

Republicans Versus Consumers
(DBN)

Warren could save CFPB through compromise with Republicans
(DBN)

Successful financial reform once standard in U.S.
(DBN)

______________

Accounting:

Accountants’ pay rises 7% over past year
(DBN)

______________

Credit Cards:

Big retailers to avoid new credit card surcharges
(DBN)

______________

Lehman:

Lehman Bankruptcy Inspires London Play
(DBN)

______________

Personal Finance:

Here's What It Took For One Couple To Pay Off $52,000 In Debt In 18 Months
(DBN)

______________

Food/Beverage:

USA Springs founder files for personal bankruptcy
(DBN)

$140 Hamburger
(DBN)

10 Foods That Flopped
(DBN)

______________

Banking:

Jamie Dimon: We Have A Secret Money Room Somewhere In Florida That Moves $2-$5 Trillion Every Day
(DBN)

FDIC Wants $13 Million From Bank Execs
(DBN)

Which Bank Deserves Criminal Prosecution? The Smallest One, Obviously!
(DBN)

Barclays takes another $1.6 billion hit for mis-selling
(DBN)

______________

MLM:

The FTC Has Released A Gigantic Document Dump Showing Angry Customer Complaints About Herbalife
(DBN)

______________

Alternative Energy:

Isofotón denies insolvency rumors
(DBN)

Insolvency proceedings officially open for Photon Europe
(DBN)

______________

Agriculture:

Spat over Grant Family Farms produce settled
(DBN)

______________

Health Care:

San Diego Hospice Files Chapter 11 Bankruptcy
(DBN)

______________

Electricity:

Trial in bankruptcy court could be costly
(DBN)

______________

Retailing:

J.C. Penney sues to block bondholders from declaring default
(DBN)

Creditors Allege Penney Violated Debt Terms
(DBN)

______________

Distressed Investing:

Avenue Seeks $500 Million For Third Euro. Distressed Fund
(DBN)

2013 Turnaround Management Association Distressed Investing Conference
(DBN)

Favorite Quotes from Baupost's 2012 Year End Letter
(DBN)

______________

New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (56 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (250 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:

Rochester: Region's bankruptcy filings climb in January
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Plan Confirmation:

Restructuring Support Agreements, Ad Hoc Committees And Non-Debtor Third-Party Releases Win by a Nose
(DBN)

______________

Avoidance Actions:

Proceeds From Sale of Livestock Held In Bailment; Not Part of Debtor’s Estate
(DBN)

______________

Jurisdiction:

Circuit Split Alert! Sixth and Ninth Circuits Differ on Whether Consent Among Parties Cures Bankruptcy Court's Lack of Constitutional Authority to Enter Final Order
(DBN)

______________

Sales:

Of Sales And Leases: Can A Bankrupt Landlord Sell Free And Clear Of A Tenant’s Interest?
(DBN)

______________

Make-Whole:

Latest Trends in the Enforceability of Make-Whole Premiums
(DBN)

______________

Recent Pleadings:

Court Confirms B+H Ocean Carriers Plan
(DBN)

______________

Litigation:

Has the "Litigation Funding Moment" Arrived?
(DBN)

Third-Party Litigation Holds: 'Control' Can Be Complicated
(DBN)

______________

Gambling:

Okla. tribe quits deal to buy La., Miss. bankrupt casinos
(DBN)

______________

Celebs:

Tom Martino settles bankruptcy for $3.6 million, keeps chopper, plane
(DBN)

Lindsay Lohan Didn't Know Her Old Lawyer Doesn't Work For Free! Owes Shawn Holley Big Paycheck!
(DBN)

______________

Aerospace:

Boeing sues Sea Launch partners for $350 million
(DBN)

_____________

Resorts:

Five Mile Continues to Fight Resort Group Sale to Singapore
(DBN)

______________

Brokers:

MF Global Customer Funds Rules Get Another CFTC Hearing
(DBN)

______________

Storage:

RoboVault founder released from jail
(DBN)

______________

Finance:

Did Securitization Lead to Riskier Corporate Lending?
(DBN)

______________

Religion:

Head of Wisconsin religious group cheated creditors, bankruptcy trustee claims
(DBN)

Suit: Catholic lawyers won't cite defense that fetuses aren't people
(DBN)

______________

Video Games:

Schilling, 38 Studios execs tap insurance policy for state lawsuit
(DBN)

______________

Education:

Lon Morris assets sale almost final
(DBN)

______________

Fraud:

FBI Accuses Purported Film Financier With Running 'Ponzi-Type Fraud Scheme'
(DBN)

______________

UK:

Law firm profits fall to 2010 levels, leading to cash-flow warning
(DBN)

Hughes Blake and Leonard Curtis establish LCHB
(DBN)

DWF-Cobbetts deal nears completion with partner departures expected
(DBN)

Pension Insurance Corp takes on insolvent UK pension scheme
(DBN)

More woes for HMV
(DBN)

UK Politician Has Career Ruined By Epic Coverup Of Speeding Ticket
(DBN)

R3 urges caution over fall in insolvencies
(DBN)

______________

PIIGS:

Why Spain's Prime Minister Is So Terrified Of His Government's New Corruption Scandal --- Spanish 'bad bank' starts sales despite business plan scrutiny
(DBN)

Spain's Banco de Valencia posts loss of 3.6 bln eur in 2012
(DBN)

______________

Canada:

Supreme Court insolvency decision may bring new restructuring chill
(DBN)

Supreme Court of Canada Affirms Federal Paramountcy in Insolvency but Leaves Uncertainty for the Credit Community Regarding Provincial Statutory Deemed Trusts
(DBN)

______________

France:

Last day for bids on troubled French Petroplus refinery
(DBN)

______________

Bulgaria:

Banks File Bankruptcy Claim against Bulgarian Railways
(DBN)

______________

Cyprus:

Germany in a quandary over Cyprus bailout
(DBN)

______________

Iceland:

Iceland: Under the volcano
(DBN)

______________

China:

Chinese State Banks Are Lending Billions To 'Zombie' Companies That Aren't Making A Profit
(DBN)

______________

 

 

 

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