July 19, 2013

The Daily Bankruptcy News

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Law:

The 20 most prestigious law firms in America
(DBN)

The Best Law Firms To Work For (2014)
(DBN)

Companies face more litigation than they did two years ago
(DBN)

Jones Day Steers Detroit to Chapter 9 Bankruptcy Filing
(DBN)

Mitchell Silberberg, Quinn Emanuel: Business of Law
(DBN)

How Lawyers Rank in American Society
(DBN)

Using Client Data to Increase Law Firm Revenues
(DBN)

Don’t Keep Clients in the Dark About Money, Costs
(DBN)

Suit Claims Skadden Owes Doc Reviewer Overtime Pay
(DBN)

Desperate for Bodies, Law Schools Welcome Procrastinators
(DBN)

LSAT Tea-Leaf Reading: June 2013 Edition
(DBN)

Debating, Yet Again, the Worth of Law School
(DBN)

(Un)Fair Harvard? Law School Limits Job Options For Joint Degree Students
(DBN)

Yo, Stealing Study Rooms Will Get You A Beat Down In Brooklyn
(DBN)

Torts? Pass the Sunscreen
(DBN)

The Value Of A Law Degree - Brian Tamanaha Says We Should Look at the Below Average Outcomes (And We Did)
(DBN)

Axiom Law: BigLaw’s Friend or Enemy? --- When Will Axiom Law Float an IPO?
(DBN)

Biglaw Firm Reels In Even Bigger Fish
(DBN)

Streamlining Law Office Digital Workflow
(DBN)

Clifford Chance recruits efficiency 'black belts' for firmwide push to streamline work
(DBN)

17 Ways Successful People Keep Work From Destroying Their Lives
(DBN)

SJ Berwin rushes to merge with King & Wood Mallesons
(DBN)

Firm builds golf course in its office
(DBN)

Witness In Mobster Whitey Bulger's Trial Found Dead
(DBN)

'Hottest' barrister website sparks consternation
(DBN)

Law Firm Website of the Week: Modelling Portfolio Edition
(DBN)

Snowden's Choice For Russian Asylum Reveals His 'Mind-Boggling Naiveté' --- NSA Puts Limits on Systems Staff in Wake of Snowden Leaks
(DBN)

Zimmerman Prosecutor Angela Corey Under Fire For Alleged Professional Breaches
(DBN)

How JK Rowling's Pseudonym Was Revealed: A Law Firm, A Wife's Best Friend, And An Errant Tweet --- Law firm admits leaking JK Rowling alter ego --- Firm hangs partner out to dry
(DBN)

Jaywalker handcuffed and put in police car was not arrested, city says in response to his civil suit
(DBN)

Lawyer is disbarred for revealing client information in autobiography
(DBN)

Lawyer appears as Brad Pitt's body double in World War Z
(DBN)

Nursing Student Sues School After Complaining That Her Classmates Wouldn’t Stop Speaking Spanish
(DBN)

Leaked Target Document Reveals That Corporate Diversity Training Is Really Weird And Uncomfortable
(DBN)

Satan Worshiper Gets Life in Prison for Killing, Skinning Mom
(DBN)

'Creepy' Man Accused of Leaking Air from Women's Tires, Then Offering to Help Them
(DBN)

Former prosecutor and frequent TV commentator dies in apparent suicide
(DBN)

Trayvon Martin's Father: 'I'll Never Grasp' Why Jury Acquitted Zimmerman
(DBN)

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Judges:

Disclosure Sheds Light on Justice Alito’s Recusals
(DBN)

5 Funny Terms Only Federal Judges Use
(DBN)

Judicial Picks Loom as Next Battle
(DBN)

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Wall Street:

Stock futures slip after record close
(DBN)

Dow, S&P 500 hit all-time highs, again
(DBN)

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Layoffs:

Weekly claims for unemployment benefits plunge
(DBN)

California unemployment rate falls to 8.5%
(DBN)

The Labor Force Participation Rate Will Stay Flat Through 2015
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

Debtor-in-Possession Loan Kept Tully’s Brewing
(DBN)

Belle Foods wants to sell a dozen stores, mostly in Mobile --- Belle Foods want to sell 2 Mississippi properties --- C&S may close Birmingham warehouse, eliminating more than 200 jobs
(DBN)

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Fraud:

JPMorgan in $500M settlement talks over Calif. energy market manipulation --- JPMorgan's new tactic: A push to settle
(DBN)

Bank in Madoff Case Settles With Some Plaintiffs and Gets Favorable Jury Ruling
(DBN)

Madoff Bank Case Results in Split Result
(DBN)

Court upholds $66M judgment in horse fraud case
(DBN)

TD Bank costs for Rothstein scandal top $500M
(DBN)

Goldman Witness Says Tourre Didn’t Disclose Paulson Role --- SEC Strikes at Tourre Defense
(DBN)

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Tech:

Minority shareholder bids for Endicott Interconnect
(DBN)

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Consultants:

MorrisAnderson Appoints New Director and Associate Director
(DBN)

SierraConstellation Partners Welcomes Winston Mar as Managing Director
(DBN)

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Student Debt:

Senate Said to Reach Student-Loan Deal Ending Rate Jump --- Deal Doesn't Guarantee Long-Term Relief
(DBN)

Income Based Debt Forgiveness: The Least the Government Can Do
(DBN)

A Simple IRS Rule Could Cost College Grads $7 Billion In Lost Tax Credits
(DBN)

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Defaults:

Corporate - Default Rate to Increase as QE Ends, IACPM Survey Says
(DBN)

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Economy:

Bernanke: Longer-Term Rates `Relatively Low'
(DBN)

When Bernanke Got It Wrong
(DBN)

U.S. outlook raised by Moody's
(DBN)

US Jobless Claims Decline on Auto Factory Shutdowns
(DBN)

Factory, labor market data offer bright signs for economy
(DBN)

Leading Economic Indicators Index in US Was Unchanged
(DBN)

What Teacher Pay Looks Like In The Rest Of The World
(DBN)

Why Gas Prices Will Likely Continue to Climb
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Politicians file legislation to keep mortgage eminent domain grounded
(DBN)

Mortgage rates decline a bit, Freddie Mac says: 30-year at 4.37%
(DBN)

What's Behind The Slowdown In Residential Construction?
(DBN)

Policymakers go head-to-head over housing finance reform
(DBN)

14 American Housing Markets That Are Swamped With Foreclosures
(DBN)

Are These $90 Million+ Apartments Really Worth Their Listing Prices?
(DBN)

IAS tries to restructure to avoid bankruptcy
(DBN)

Wells Fargo laying off 350 due to higher mortgage rates
(DBN)

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Awards:

DLA Piper Bankruptcy Attorney Wins Exceptional Young Lawyer Award
(DBN)

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Municipalities:

Detroit pension funds sue city's emergency manager, governor in attempt to block bankruptcy --- Lawyers Trying To Stop Detroit Bankruptcy Claim Governor Tricked Them --- Judge would have stopped Detroit bankruptcy filing
(DBN)

Detroit Will Now Almost Certainly File For Bankruptcy, And It's Going To Be The Biggest Ever
(DBN)

Detroit files for Chapter 9 bankruptcy --- The Petition --- Detroit's list of major creditors --- Detroit files thousands of documents in bankruptcy, lists 100,000 creditors --- Detroit, Detroit It's a Helluva Town... --- Snyder authorizes Detroit bankruptcy filing, says only option --- Bankruptcy puts Detroit in driver's seat --- Union leaders call bankruptcy filing premature --- Detroit raced to file bankruptcy ahead of move to block it --- Pension funds plan to keep pushing for negotiations --- Orr says Detroit will move through bankruptcy as fast as possible --- Bankruptcy to last at least a year: emergency manager --- Detroit 'Gut Kick' Poses New Test for Long Suffering City --- Largest municipal bankruptcy in US history --- Detroit pursues Chapter 9 municipal bankruptcy --- What Must Be Done To Prevent Future Detroits --- In pictures: Detroit bankruptcy amid debt and decay --- Life in the US city that went bust --- Down and Out in Detroit
(DBN)

Veteran judge to choose Detroit bankruptcy overseer
(DBN)

New precedents may be set
(DBN)

Snyder: 'Let me be blunt. Detroit's broke'
(DBN)

Detroiters Respond With Mixed Emotions --- Residents wary --- Hope shines through skepticism after Detroit's bankruptcy filing --- Why Business Is Cheering Detroit's Bankruptcy --- Business leaders expect to escape major impact --- Paves The Way For Reinvention
(DBN)

For Detroit, Bankruptcy Is a Far Fall From Glory Days --- Detroit's bankruptcy is an utter defeat --- Detroit Slides From Industrial Might to Bankruptcy --- Kicking the can no longer an option for Detroit --- Who's to blame for Detroit's collapse? ---- Neglect, corruption, exodus: What drove Detroit to historic bankruptcy --- Detroit Failed Because It Didn't Do What Cities Do
(DBN)

Detroit bankruptcy a big threat to retirees --- Workers and retirees face big cuts
(DBN)

Detroit Bankruptcy Plan Called Unfair to Bondholders --- Detroit Shouldn't Scalp Bondholders
(DBN)

Bondholders, Public Pensioners Square Off in Detroit
(DBN)

Detroit emergency manager: We had to draw a line
(DBN)

Emergency manager Orr prepared to be Detroit's 'most hated man' --- Orr to Detroit creditors: Can you hear me now? --- Bankruptcy is a tool, not a crisis, says Detroit emergency manager
(DBN)

The 5 Big Questions A Detroit Bankruptcy Must Answer
(DBN)

Detroit seeks court approval in casino revenue deal with pensions
(DBN)

Detroit's lessons for other cities --- Detroit's problems unlikely to spread to other cities, experts say
(DBN)

Here's What Happens When A City Files For Bankruptcy --- What comes next in Detroit bankruptcy? Here are 12 things to expect --- The next steps for Detroit
(DBN)

Will treasures of Motor City's history go to creditors? --- Detroit Institute of Arts 'disappointed' --- Are DIA works more at risk with bankruptcy ?
(DBN)

25 Reasons Why Detroit Is On The Verge Of An Epic Comeback
(DBN)

11 Depressing Stats About Detroit
(DBN)

What a bankrupt Detroit could learn from Jefferson County, Ala. --- Jeffco officials react to being surpassed by Detroit as largest municipal bankruptcy in U.S. history
(DBN)

City official demands federal taxpayer bailout --- US Automakers Thrive as Detroit Goes Bankrupt --- Auto czar Steven Rattner says the GM, Chrysler bankruptcy much easier than Detroit's --- General Motors: Detroit bankruptcy could be 'clean start' for city
(DBN)

President Obama keeping close eye on Detroit bankruptcy --- Detroit bankruptcy filing puts Obama in awkward spot
(DBN)

Howdy Doody's time in Detroit could end with bankruptcy declaration
(DBN)

Former Romney Spokesman Has A Perfect One-Word Reaction To Detroit Bankruptcy Filing
(DBN)

Detroit Scrutinized by $900 Million G.O. Market
(DBN)

Detroit, a city of ruins
(DBN)

Detroit, tip of a vast pensions liability iceberg
(DBN)

How a municipal bankruptcy in Stockton, Calif., could affect New York.
(DBN)

36 Municipal Bankruptcy Filings Since Jan '10
(DBN)

Other US Cities That Have Gone Bankrupt
(DBN)

What Not To Do When You Visit New York City
(DBN)

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Banking:

Morgan Stanley Q2 profits up 66%
(DBN)

New bait for the old office of JPMorgan's London Whale
(DBN)

FDIC official backs bill to create banking firewall
(DBN)

Abu Dhabi quietly cashes out of Barclays
(DBN)

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Resorts:

Credit Suisse Sued by Highland Capital Over Resort Loans
(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 (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (88 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

Competing Views on Plan Releases
(DBN)

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Secured Debt:

Secured Creditors: Dot Your “Is” and Cross Your “Ts”
(DBN)

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Safe Harbors:

Capital Markets Transactions Protected in Bankruptcy Safe Harbor
(DBN)

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Insurance:

Seventh Circuit: D&O Insurance Covers Multiplied Portion of Attorney Fee Award
(DBN)

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TBTF:

Allianz Joins AIG on FSB's List of Too-Big-to-Fail Insurers
(DBN)

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Aviation:

American Airlines posts $220 million Q2 profit --- First Q2 profit in years
(DBN)

American Airlines Cuts Its Way To Profit On Backs Of Workers
(DBN)

American Air CEO: Credit Gerard Arpey for Our Successful Bankruptcy
(DBN)

Q&A with AMR CEO Tom Horton about earnings
(DBN)

Silverstein Can’t Get $3.5 Billion From Airlines for 9/11
(DBN)

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Apparel:

Billabong Says Oaktree, Centerbridge’s Rival Offer Unacceptable
(DBN)

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Skiing:

Snö dispute settled, bankruptcy inches to Ch. 7
(DBN)

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Alternative Energy:

Investor Kawa to take over Conergy's sales ops
(DBN)

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Retailing:

How much a pay increase for Wal Mart workers would cost shoppers
(DBN)

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Brokers:

MF Global Trustee to Boost Distributions to Ex-Customers
(DBN)

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Corporate Reform:

SEC Staff: Low Morale, Distrustful
(DBN)

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Health Care:

Golden Years Shorter in Southern States
(DBN)

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Personal Finance:

Here's What I Learned From Being Broke
(DBN)

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Lehman:

RBS to pay back Lehman investors
(DBN)

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Celebs:

Housewife Bombshell: RHOC’s Peggy Tanous’ Fake Marriage, Claims She’s Divorced In Bankruptcy Filing!
(DBN)

Judge Says Pearlman Investors May Vote on Payment Plan
(DBN)

Daunte Culpepper Loses Broward County, Fla., Home To Foreclosure; Former Dolphins, Vikings Quarterback Reportedly $3 Million In Debt
(DBN)

Radio Host Gets 20 Years For Ponzi Scheme
(DBN)

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Sovereigns

Argentina bond prices rise on IMF move in debt case
(DBN)

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UK:

Insolvency boss welcomes tougher measures against bad company directors
(DBN)

Kerry Katona On Bankruptcy: 'I'm Not After Sympathy'
(DBN)

Young families and couples behind the fall in insolvency
(DBN)

Challinors calls in corporate recovery firm as it faces High Court battle over loan from client
(DBN)

What’s going on at Tooks Chambers?
(DBN)

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EU:

No place to hide for banks as ECB homes in on bad loans
(DBN)

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PIIGS:

German finance minister chides Greeks for seeking debt cut --- Schäeuble Meets Greek Businessmen, Bankers --- Greek Business Closings Bleeding Job
(DBN)

ie: Bank can pursue bid to make Dunne bankrupt after ruling
(DBN)

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Canada:

Retirees win suit over benefits against General Motors
(DBN)

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Hong Kong:

Hong Kong June bankruptcy petitions fall 15 pct from May
(DBN)

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China:

Record Downgrades Foreshadow First Onshore Default
(DBN)

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