July 11, 2013

The Daily Bankruptcy News

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Law:

Hogan, Katten, White & Case, Davis Polk: Business of Law
(DBN)

10 Ways Lawyers Rip Off Clients
(DBN)

Career Alternatives for Attorneys: Consulting
(DBN)

Lawyer Abandons Ferrari to Get to Hearing on Time
(DBN)

Best Law companies to work for - Vault Law 100
(DBN)

The Aspiring Lateral: Money Talks
(DBN)

Ex-Sidley partner says $69K cab-fare reimbursement was used for firm-related purposes
(DBN)

Are Husbands Out of Style—Or Out of It?
(DBN)

Loyer v. Law-yer: How Do You Say It?
(DBN)

Magic Circle Struggles for Growth Amid Deal Doldrums
(DBN)

Hogan Lovells Leads Way on Spate of Office Openings
(DBN)

Hi, I'm A Law Student And I'm Going To School For Free
(DBN)

The Unseen Costs of Cutting Law School Faculty
(DBN)

Cooley Law School Stadium: The House That Broken Dreams Built
(DBN)

Law prof files discrimination charge, alleges ‘stark inequality’ in pay for men and women
(DBN)

Florida Police Officers Entangled In Horrifying S-- Scandal
(DBN)

Recruiters Reveal The 5 Most Common Career Mistakes
(DBN)

You Only Need To Know Two Rules For Networking
(DBN)

Panel OKs Ethical Screens For Paralegals
(DBN)

7th Circuit erases $400K sanction against Motley Rice, revives whistleblower case
(DBN)

Lawyer Ordered to Return Fee Charged for Brushing Up on Basics
(DBN)

A Witness Says Aaron Hernandez Told A Friend He Killed Odin Lloyd --- Documents could provide new details in case against Aaron Hernandez --- Robert Kraft: Aaron Hernandez 'Duped' Patriots 'If This Stuff Is True'
(DBN)

On the run, Snowden turns to lawyers for help --- Edward Snowden's Leaks Have Caused A 'Massive Shift' In The Public's Views Of Government Surveillance --- NSA Surveillance Lawsuit Tracker
(DBN)

Exhausted defense lawyers in Zimmerman case plead with judge to cut their hours in the courtroom --- Defense Rests Their Case Without Calling George Zimmerman To Testify
(DBN)

Rural life is more than an escape for this New York lawyer
(DBN)

Plans to arm teachers and administrators with guns at school are blocked by insurers
(DBN)

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Judges:

Danville federal bankruptcy court heads to Urbana
(DBN)

Courthouse renovation uncovers Civil War-era graffiti
(DBN)

Republicans accuse Obama of trying to stack key US appeals court
(DBN)

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Wall Street:

Stock futures leap as oil prices extend gains
(DBN)

Markets Around The World Are On A Tear
(DBN)

Mixed close for US stocks after Fed rally fades
(DBN)

Wall Street at session highs after dovish Fed minutes
(DBN)

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Layoffs:

WARN Single-Employer Test Emphasizes De Facto Control Factor
(DBN)

8 Things Boomers Should Know When Job Hunting
(DBN)

Flaws in Unemployment Leave Economy Vulnerable
(DBN)

How The US Labor Market Evolved Into One With A Lot Of Part-Time Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Alternative Energy:

Investors take over assets of bankrupt Israeli electric car company
(DBN)

SoloPower Lays Off Workers, to Move Headquarters to Cut Costs
(DBN)

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Municipalities:

Nearly Bankrupt Detroit Pays Lawyers Almost $1000 An Hour
(DBN)

Detroit Emergency Manager Meets With Pension Reps --- Union rep blasts Orr meeting as 'dog and pony show' --- Union reps blast lack of transparency in meetings with Orr's team --- Detroit city workers, retirees push back on pensions
(DBN)

A few minutes with Kenneth Buckfire
(DBN)

Detroit retirees sue to block city from filing for bankruptcy
(DBN)

Detroit edges toward brink of bankruptcy
(DBN)

Bankruptcy: The only way out?
(DBN)

Detroit's banking guru to creditors: We have no way to pay you
(DBN)

The message Orr was trying to send the bankers with the tour was very clear: Here are the assets against which you've lent billions.
(DBN)

Detroit’s slide toward bankruptcy leaves creditors fearful
(DBN)

Orr must show he's bargaining in good faith
(DBN)

Surprise: Many of us are Detroit creditors
(DBN)

Retirees file lawsuit against Gov. Snyder, Dillon over pensions
(DBN)

Stockton mayor has pointed words for council before tax-plan vote
(DBN)

Small California city seeks financial salvation in tax hike
(DBN)

Illinois governor suspends pay for lawmakers to force action on pension ‘crisis’
(DBN)

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Personal Finance:

Your Bank May Try To Get You To Pay Your Mortgage With 'Points' — Don't
(DBN)

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Food/Beverage:

 

Dying Man Asks Family To 'Order A Pizza' And Leave A $500 Tip For A Lucky Waitress
(DBN)

13 Places That Are Actually Worth Visiting During New York Restaurant Week
(DBN)

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Electricity:

Beartooth joins motion to liquidate Southern Montana Electric
(DBN)

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Gambling:

NJ: Casinos suffer another shortfall as revenue drops 12.6 percent
(DBN)

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Economy:

Bernanke Supports Continuing Stimulus Amid Debate Over QE
(DBN)

Bernanke defends QE3, hints tapering is imminent
(DBN)

Wholesale Inventories Plunge Most Since September 2011
(DBN)

Fed Officials Showed Worry About Easing Policy --- Key Passages From Fed Minutes
(DBN)
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

June Foreclosures at Lowest Level Since December 2006: RealtyTrac
(DBN)

Foreclosure starts reach lowest level since 2005
(DBN)

Mortgage applications continue to fall
(DBN)

Rising rates have no effect on housing thus far
(DBN)

Foreclosure Squeeze Crimps Vegas Market
(DBN)

Investors in nonjudicial foreclosure states turn to nonperforming loans
(DBN)

New Yorkers: Here's Why Your Rent Is So Ridiculously High
(DBN)

$85 Million Mansion Owned By Qatari Royal Family Destroyed In Fire
(DBN)

Sale Of Renzo Renzi's Brickell Site On Hold
(DBN)

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Media:

Tribune plans to split into two companies
(DBN)

Tribune Spinoff Hastens Ending of Newspaper-TV Marriage
(DBN)

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Hedge Funds:

SEC Votes to Lift 80-Year-Old Ban on Hedge-Fund Advertising
(DBN)

____________

Mass Torts:

Furthering Asbestos Claims Transparency Act: Discovery of Bankruptcy Claim Information to Avoid Double Compensation
(DBN)

Garlock parent EnPro cuts liability claims estimate, shares soar
(DBN)

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Celebs:

Casey Anthony's parents sell late Caylee's toys at a yard sale
(DBN)

Casey Anthony's Friend Will Provide $25K Settlement
(DBN)

Why The Rolling Stones Keep Touring Despite Being Ancient Zillionaires
(DBN)

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Telecoms:

Falcone's LightSquared Adjourns Hearing on Asset Control
(DBN)

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Prisons:

Anonymous Goes After America’s Biggest Private Prison Company
(DBN)

____________

Health Care:

NY Mayoral Candidate Arrested Protesting Distressed Hospital Closing
(DBN)

Bankrupt Florida CCRC Owes $62 Million to Creditors, Residents
(DBN)

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Aviation:

American Airlines retirees await answers on proposed benefit cuts
(DBN)

Asiana Pilot 'Couldn't See The Runway' Before San Francisco Crash Landing --- The Crew Of Asiana Flight 214 Waited 90 Seconds To Start Evacuating The Plane
(DBN)

____________

Banking:

Sorry, Banks, New Capital Rules Are Just the Start
(DBN)

In praise of bank leverage ratios
(DBN)

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Coal:

W.Va., Ky. Republicans sponsor Patriot legislation
(DBN)

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Autos:

Fiat pursues settlement with VEBA over Chrysler
(DBN)

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Corporate Governance:

More About Arbitration Clauses in Corporate By-Laws
(DBN)

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Asset Protection:

Why Dahl Doesn't Support The Viability Of Domestic Asset Protection Trusts
(DBN)

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Debt Collection:

Feds enforcing anti-harassment rules against banks, other creditors, closing debt-collection law gap
(DBN)

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Religion:

$2.3 Million for Abused Altar Boy's Suicide
(DBN)

____________

PCs:

PC sales see 'longest decline' in history
(DBN)

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Non-Profits:

Omaha nonprofit group's bankruptcy filing improper, firm alleges
(DBN)

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Telecoms:

LightSquared to proceed to trial over Ergen trades
(DBN)

____________

Corporate Reform:

Going After Wall Street for Targeting Seniors
(DBN)

____________

Fraud:

SEC Doesn’t Want Fabrice Tourre Telling A Jury That The Guys He Ripped Off Deserved It
(DBN)

Second Circuit: SIPA Trustee’s Attempt to Bring Claims Against Financial Institutions Fails Because He Stands in the Shoes of Madoff and Not Madoff’s Customers
(DBN)

Record 12-year term OK’d for ex-associate who revealed BigLaw deal info in $37M insider-trade scheme
(DBN)

____________

Defense:

Endicott Interconnect files bankruptcy
(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 (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

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Miscellaneous:

Bill on Bankruptcy: Versace Mansion Up for Sale, Casey Anthony
(DBN)

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Dismissal:

Prepetition Bad Faith Is Sufficient 'Cause' To Dismiss Chapter 7 Bankruptcy Petition
(DBN)

____________

Insiders:

Corporate Insiders Shift From 'Buy' to 'Sell' as Bankruptcy Nears
(DBN)

____________

Cash Collateral:

Cash is King : Determining the Extent of a Secured Lender's Liens Over Revenues Generated During a Bankruptcy Case
(DBN)

____________

TBTF:

Stricter big bank rule hopes to prevent bailouts
(DBN)

____________

Litigation:

Recusal Fight over Predictive Coding Heads to SCOTUS
(DBN)

____________

Education:

America's REAL Most Expensive Colleges
(DBN)

Oregon's 'No Tuition For College' Plan Sounds Awesome, But It's Riddled With Obvious Problems
(DBN)

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Resorts:

Court rejects bid to put Blixseth into bankruptcy
(DBN)

____________

Sovereigns:

New York appeals court recognizes 'Vulture Funds' entitled to payment
(DBN)

____________

UK:

Insolvency Events of Default – Lenders Test the Boundaries
(DBN)

Number of “zombie” firms fall, but rise in firms facing insolvency
(DBN)

____________

EU:

EU moves to curb executive pay at bailed-out banks
(DBN)

EU makes major changes to rules on state aid to banks
(DBN)

Germany Butts Heads With EU Over Bank Scheme
(DBN)

Wheels Coming Off All of Southern Europe
(DBN)

____________

PIIGS:

Judge says evidence by Quinn family is 'unsatisfactory' --- Ireland's Bad Bank Blasts Developer's US Bankruptcy
(DBN)

Greece at the Boiling Point --- Greece's life-saving austerity medics --- Greece's Unemployment Nightmare Is Only Getting Worse. --- Greece Will Become The First-Ever Country To Lose Its 'Developed Market' Status --- New aid gives Greece summer respite before showdown
(DBN)

Budget Cuts Bite More Than Thought, Say Portugal Economists
(DBN)

Pescanova debt more than double what it stated, says audit
(DBN)

Seat Pagine Gialle admitted to "composition with creditors" procedure
(DBN)

____________

Canada:

Collins Barrow launches restructuring and recovery services practice
(DBN)

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Germany:

German retailer Praktiker meets for crunch talks on financing
(DBN)

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Netherlands:

Bankruptcy rate rises sharply in 2013 first half
(DBN)

____________

Austria:

Majority shareholders' obligation to file for insolvency proceedings enacted 1 July 2013
(DBN)

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China:

Without Subsidies, China's Aluminum Companies Would Be Bankrupt
(DBN)

The State Of The Chinese Economy In One Chart
(DBN)

Credit Suisse: 'All The Main Drivers Of Chinese Growth Are Sharply Diminished'
(DBN)

Why The Chinese Trade Data Was So Bad --- Why The Markets Aren't Flipping Out
(DBN)

These Countries Are Toast If China's Economy Lands Hard
(DBN)

___________

Japan:

BOJ Cites Recovery in Japan's Economy for First Time Since 2011
(DBN)

____________

MENA:

Egypt Is On The Brink Of Its Worst Government Yet --- Egypt's Muslim Brotherhood rejects transition plan --- Egypt orders arrest of Brotherhood leaders --- Egypt Sets Poll Timetable as Killings Threaten Transition --- White House encouraged by Egypt's interim government --- 'Nail in coffin' for Arab Spring? Experts predict Egypt's future --- A Coup Or Not In Egypt ? $1.5 Billion In US Aid At Stake --- White House Effectively Denies Coup In Egypt With Plan To Give Them 20 F-16 Fighter Jets
(DBN)

____________

Australia:

Company failures point to more job woes
(DBN)

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