January 16, 2013

The Daily Bankruptcy News

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Law:

Dorsey Adds New Bankruptcy Lawyers
(DBN)

Lowenstein Sandler Elects New Bankruptcy Partner --- David Banker
(DBN)

Bankruptcy Attorney George Pitts Joins Wiley Rein
(DBN)

Squire Sanders, Milbank, Shearman: Business of Law
(DBN)

Cosmo's Lawyer 'Bachelor Of The Year' Gives The Most Awkward Interview Ever
(DBN)

Big Winners in Nortel's Demise? Lawyers
(DBN)

Kilpatrick Townsend works to salvage Hostess assets
(DBN)

Lance’s Lawyer: Armstrong Didn’t Betray Me
(DBN)

Mandatory Retirement Policy Prompts Weil Partner to Move to K&L Gates
(DBN)

Reed Smith has opened Houston office, expects 50 lawyers there
(DBN)

Ex-Fried Frank Staffer Accused of Carrying Out Massive Ink Theft From Firm
(DBN)

Law school benefactor resigns from its executive board to protest surprising news of dean’s ouster
(DBN)

Why Take Out Student Loans When You Can Finance Law School as a ‘Sugar Baby’?
(DBN)

Gradenfreude: Escaping the Seventh Circle of Retail Hell
(DBN)

Law School Transparency: They write letters
(DBN)

Case Western Dean Cagey in Interview on Unsustainability of Law School Tuition
(DBN)

An Interview with an In-House Insider (Part 2)
(DBN)

Attorneys who quit law firm jobs during 2009 downturn find success as small corporate boutique
(DBN)

One group always wins in bankruptcy : the lawyers
(DBN)

What is the Market Value of a BigLaw Firm?
(DBN)

Lindsay Lohan 'owes fired lawyer Shawn Holley $300k in legal fees'... amid reports she wants attorney back on board
(DBN)

Ex-Mayer Brown CIO charged in alleged $5 million theft
(DBN)

Lawyer bills client for time they spent having s--
(DBN)

Woman Steals Train And Crashes It Into An Apartment Building
(DBN)

Facebook Post With Escaped Prisoner's Photo Not A Good Idea
(DBN)

Pew Gun Control Poll Finds Overwhelming Support For NRA School Gun Plan
(DBN)

Video Prankster Arrested After Wedgie Attacks
(DBN)

5 Tips for Fighting the Flu at Your Firm
(DBN)

Man To Cop Plea In Couch S-- Case
(DBN)

Teacher with child phobia sues school for disability discrimination, says she was forced to retire
(DBN)

Lawyerly Lairs: Former Partner Purchases Holbrooke’s Home
(DBN)

The Case of the ‘Copy Cat Burglar’
(DBN)

Court Makes New Law in Shearman Partner's Prenup Case
(DBN)

Mafia: Hoffa Buried in Detroit Area
(DBN)

Chicago Settles Case for $22.5 Million After Releasing Bipolar Young Woman Into High Crime Area Where She Is Kidnapped And Raped
(DBN)

“Move Closer To the Rhino” And Other Telltale Signs Of A Tort In Progress
(DBN)

Man Claims To Have Shot Neighbor After The Neighbor R--- His Wife “Telepathically”
(DBN)

Burglar improvises after he forgets mask
(DBN)

More Gruesome Allegations Come Out During 'Cannibal Cop' Hearing
(DBN)

Mug Shots
(DBN)

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Judges:

Why Clarence Thomas And Oral Arguments
(DBN)

Here's What Clarence Thomas' Joke About Yale Yesterday Really Meant
(DBN)

Judge who dismissed racial slur claim as ‘surprising to Colonel Sanders’ gets sensitivity lesson
(DBN)

Quote of the Day: When Will the Next SCOTUS Justice Die?
(DBN)

Speak, Clarence, Speak!
(DBN)

Courthouses feel pinch of YMCA bankruptcy
(DBN)

Benchslap of the Day: Skadden, Smacked, Eats Crow
(DBN)

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Wall Street:

Stock futures down ahead of Goldman, data
(DBN)

Stocks close mixed Tuesday
(DBN)

Miss America's Boyfriend Works At JPMorgan
(DBN)

The Most Brutal Bonus Plan Wall Street Has Seen In Years
(DBN)

Kid Sends Perfectly Blunt Cover Letter For Wall Street Internship, And Now Tons Of People Are Trying To Hire Him
(DBN)

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Layoffs:

Wal-Mart to hire 100,000 veterans
(DBN)

The Most Ridiculous Interview Questions Jobseekers Need To Be Prepared For
(DBN)

Job competition is way down
(DBN)

Sonia Sotomayor's New Memoir Is Like The Confirmation Hearing She Never Got
(DBN)

The Main Reason Workers Leave Is Because Of Their Boss
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Hotels:

Marriott Labor Conspiracy Forced Manhattan Hotel Into Bankruptcy, Ex-Owner Claims
(DBN)

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Consultants:

AlixPartners Bolsters Transformation and Restructuring Advisory Offering
(DBN)

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Economy:

People Are Really Starting To Get It About The Deficit
(DBN)

Bernanke: We Don't Need The Debt Ceiling
(DBN)

Alan Simpson Nails It On The Debt Ceiling
(DBN)

Argentina is cautionary tale as US debates debt limit
(DBN)

Bernanke: Economy Not Out of Woods Yet
(DBN)

Sorry, Middle Class. The VAT May be Inevitable
(DBN)

NY Fed Manufacturing Index Falls to -7.78
(DBN)

Life in the Red
(DBN)

Why U.S. might be ‘a nation of deadbeats’
(DBN)

Consumer confidence remains resilient due to housing improvement
(DBN)

AARP Maps Fight for the Middle Class
(DBN)

Everything You Know About The Deficit Is Wrong: Fixing It Is Painless
(DBN)

There's A Word Missing From The Debate Over The Debt Ceiling
(DBN)

Fitch warns it may downgrade US over debt standoff
(DBN)

Wholesale Prices in U.S. Fall More Than Forecast as Food Drops
(DBN)

Minneapolis Fed Chief Has A Killer Explanation Of How The Fed Could Provide Even More Stimulus
(DBN)

The Most Important Line In Fitch's Warning About The US AAA Credit Rating
(DBN)

US: Number of Working Poor Families Growing
(DBN)

World Bank cuts growth outlook as advanced nations drag
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

QM Impact on the Mortgage Market
(DBN)

Mortgage defaults rise, setting an alarming trend
(DBN)

December home prices jump 19.6% in Southern California
(DBN)

Bargain Homes Lure Buyers Worldwide to Detroit
(DBN)

Housing Inventory Ends Year Down 17%
(DBN)

Lawyer takes plea in $30M federal mortgage fraud case
(DBN)

Home prices up the most since 2006
(DBN)

Bernanke: QE successfully brings down mortgage rates
(DBN)

Housing Recovery Powers Lennar's 4Q Beat; New Orders Soar 32%
(DBN)

’Odd Couple’ in U.S. House to Tackle Mortgage Finance
(DBN)

Millions Of People Are Getting Out From Underwater, As Home Prices Rise Around The Country
(DBN)

These Will Be The Hottest Neighborhoods In America In 2013
(DBN)

AIG moves to stay MBS case vs Countrywide: fear or strategy?
(DBN)

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Retailing:

Sales at US Retailers Rose More Than Forecast in December
(DBN)

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Banking:

Several JPMorgan Directors Long Serving and Well Paid
(DBN)

JPMorgan's Whale Trade Subject of OCC Order to Fix Risk Controls
(DBN)

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Aviation:

MOU could boost American pilots' contracts by $522 million --- American Airlines’ explanation of the pilots’ MOU
(DBN)

The full MOU with USAPA and APA
(DBN)

Joint statement from AA, US pilot union presidents
(DBN)

AMR pilot contract would cover US Air pilots in merger: memo
(DBN)

American Airlines passenger service agents reject unionization
(DBN)

Pilots say they want new leadership at American Airlines
(DBN)

US Airways Proposed AMR Merger in April
(DBN)

Pinnacle pilots ratify concessions contract
(DBN)

US Airways Approached AMR in April
(DBN)

USAPA: Merger ‘quickest and surest path to a better lifestyle” for US Airways pilots
(DBN)

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Telecoms:

Nortel Bankruptcy : $9 Billion Still In Limbo
(DBN)

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Municipalities:

Harrisburg Must Remain in State Aid Program
(DBN)

San Bernardino County drops attempt to sue city
(DBN)

Details emerge from Jefferson County's closed door meeting with lawyers
(DBN)

Butte County has new emergency manager
(DBN)

With Mortgage Defaults Rising Again, is the Underlying Health of Municipalities Getting Weaker?
(DBN)

Howell Twp. accountant warns of bankruptcy
(DBN)

Pension Funding Gap Widens for Big Cities
(DBN)
s

Top Ten Cities People are Moving To in US
(DBN)

The Real Cost of Our Crumbling Roads, Bridges
(DBN)

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Trucking:

Cooley Industries files for bankruptcy protection
(DBN)

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Alternative Energy:

Lobbyists work both sides on A123 sale
(DBN)

Solar shakeout: SiC Processing warns creditors to expect low debt recovery
(DBN)

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Corporate Governance:

How Officers and Directors of Financial Intermediaries Can Avoid Personal Liability in the Post-Dodd-Frank Market
(DBN)

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Media:

Tribune Co. buyout: Bankruptcy Inc. - The big winners in Tribune Co.'s Chapter 11 case are the investment firms that profit from the boom-and-bust cycles of Wall Street
(DBN)

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Education:

Amegy Bank dominates Lon Morris College bankruptcy auction
(DBN)

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Awards:

M. Natasha Labovitz Appointed to New York City Bankruptcy Assistance Project Steering Committee
(DBN)

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Credit/Debit Cards:

Fed report: Durbin Amendment has had little effect on small banks’ interchange revenue
(DBN)

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Health Care:

Pittsburgh health system in tentative deal to cut debt
(DBN)

2 Hospitals Receive Credit Downgrades in Past Month
(DBN)

Doctor shortage? What doctor shortage?
(DBN)

______________

Software:

Jury deliberations on Goldman-Dragon case could begin this week
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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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Bankruptcy Statistics:

Fewer Utah bankruptcy filings in 2012
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Sales:

Bankruptcy sale offers: highest is not always best
(DBN)

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Bankruptcy Reform:

Catching Up on Chapter 11 Reform…ABI Commission Enters Second Year »
(DBN)

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Discharge:

The Latest on Third Party Releases
(DBN)

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Plan Confirmation:

Fourth Circuit Preserves Absolute Priority Rule Despite Challenge Through BAPCPA
(DBN)

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Safe Harbors:

The Applicability of Section 546(e)'s Forward Contract Payment Defense to Commodity Supply Contracts
(DBN)

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Bankruptcy Forms:

Submit Your Bankruptcy Form Suggestions By Feb. 15
(DBN)

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IP:

How Does Bankruptcy Affect Rights Under an Agreement Not to Sue on Patents?
(DBN)

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Recent Pleadings:

OSG Seeks Stay Extension/Injunction To Protect Officers and Directors
(DBN)

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Insurance:

Long-running Transit Casualty receivership wraps
(DBN)

Court Finds Ambiguity Applying Insured v. Insured Exclusion to FDIC Lawsuit
(DBN)

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Food/Beverage:

Hostess, Flowers Once Clashed Over Nature's Pride
(DBN)

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Banking:

Morgan Stanley to defer bonuses for high earners
(DBN)

RBS Braces for $800M in Libor Fines
(DBN)

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Corporate Reform:

Bank Settlements Draw Fire From Critics
(DBN)

BofA Agrees to Raise Its $20 Million Offer To $62.5 Million to Resolve Claims Over Merrill Deal
(DBN)

Wall Street pushing back against investor-protection, fiduciary duty measures
(DBN)

Lew’s nomination may indicate a backseat for financial reform
(DBN)

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Equipment Rentals:

Ahern Rentals to Appeal Exclusivity Decision
(DBN)

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Fraud:

Can the Purchase of Groceries be “in Furtherance of a Ponzi Scheme?”
(DBN)

Once-defiant research firm chief who nixed FBI wire gets 4 years in insider trading case
(DBN)

'Ultimate Ponzi' chronicles Scott Rothstein's rise and fall
(DBN)

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Autos:

American Suzuki Motor Corporation Granted Approval of Disclosure Statement
(DBN)

Renault Wants to Fire 7,500
(DBN)

Chrysler chief warns broken Europe 'maiming auto industry'
(DBN)

______________

Mail:

IG: Post Office Faces Ruin without Rescue
(DBN)

Accounting:

FASB Acts to Close Repo Loophole Used By Lehman, MF Global
(DBN)

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Sovereigns:

Argentina holdouts: when an amicus curiae brief is not so amicus
(DBN)

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UK:

HMV: A tragedy or fresh start?
(DBN)

Deloitte’s Neville Kahn to lead HMV administration
(DBN)

Potential buyers circle stricken HMV
(DBN)

Jessop's administrators to make more than 1,300 redundancies
(DBN)

______________

EU:

European auto sector hits 17-year low
(DBN)

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PIIGS:

Greece all but secures next tranche --- Greek economic sentiment climbs to highest in two years --- Building activity in Greece plummeting, 43.7pct fewer permits issued in October --- Stournaras eyes another haircut
(DBN)

______________

Canada:

As Nortel pensioners struggle, the lawyers are doing just fine
(DBN)

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Germany:

Germany's export model faces reality check
(DBN)

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South Africa:

Law firm sets South Africa bankruptcy precedent
(DBN)

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MENA:

Dubai's Amlak in talks over $1.9 bln debt restructuring
(DBN)

Clifford Chance advises Nakheel on third tranche of trade creditor Sukuk
(DBN)

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Cyprus:

Split with IMF delays Cypriot bailout package
(DBN)

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Brazil:

Too Much Showering Brazil Bad For Economy
(DBN)

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Russia:

Russia's MTS says Uzbek unit applies for bankruptcy
(DBN)

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Indonesia:

Telkomsel Officially Wins its Bankruptcy Appeal
(DBN)

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