July 23, 2013

The Daily Bankruptcy News

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Law:

Detroit bankruptcy brings business to multiple law firms
(DBN)

Motor City Shuffle: Pepper Hamilton In, Clark Hill Out --- Time For The Lawyers To Pick At The Carrion That Is Detroit
(DBN)

Muni bond market remains shaken after Detroit bankruptcy
(DBN)

A farewell to cushy BigLaw: Mayer Brown a case study in coping and hard-charged competition
(DBN)

Is Being A Partner The Worst Job In Biglaw?
(DBN)

Kirkland, Morgan Lewis, Manatt, Dentons: Business of Law
(DBN)

CFPB sued by bankruptcy attorney, legal support services firm
(DBN)

Why Becoming A Banker Instead Of A Lawyer Was The Best Life Choice I Ever Made
(DBN)

Associate Bonus Watch: No Mid-Year Bonuses at Quinn Emanuel (Plus Other QE Rumors)
(DBN)

Patton Boggs is said to be planning changes in partner compensation
(DBN)

When You’re Not Getting Paid at Your Small Firm
(DBN)

The United States v. The United Kingdom
(DBN)

Young, Ambitious, and Pregnant
(DBN)

Top Law School Dean Pimps School As Solid Dating Pool
(DBN)

Prof offers alternative to traditional law school loans: Structure a swap transaction
(DBN)

Businessman charged in sex-tourism case files $10M malpractice suit against elite civil lawyers
(DBN)

How much do people think lawyers contribute to society? Less than 9 other professions, survey says
(DBN)

Suit Challenges CFPB Authority Over Legal-Services Industry
(DBN)

George Zimmerman Rescued A Family Of 4 From An Overturned Truck --- George Zimmerman case spawns lawsuits, legal questions --- Juror B37 and the Acquittal of George Zimmerman --- 'Stand Your Ground' laws under siege --- Even without ‘Stand Your Ground,’ George Zimmerman’s acquittal was likely --- 'Stand your ground' is only part of story --- Elizabeth Warren Questions 'Stand Your Ground' Laws --- Conundrum in the Courts: Zimmerman's Lawyers Win --- Ohio organization raising funds to buy George Zimmerman new gun --- Big Racial Divide over Zimmerman Verdict --- White people believe the justice system is color blind. Black people really don’t.
(DBN)

$1M seized in traffic stop is returned to exotic dancer on judge’s orders
(DBN)

Federal Marshals Raid Woman’s Home After She Screams And Hides From Officer Pointing Gun At Her Through Window
(DBN)

Couple discards old refrigerator -- with life savings left inside
(DBN)

It's Now Clear That Russian Intelligence Speaks For Edward Snowden --- Does the NSA Tap That? What We Still Don’t Know About the Agency’s Internet Surveillance
(DBN)

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Judges:

Delaware Slated for New Bankruptcy Judge Amid Money Woes
(DBN)

Did lawyer try to run down judge he’d targeted in blog posts? Top state court to decide
(DBN)

Study shows SCOTUS justices resort to ‘intensifier’ words more often in dissent
(DBN)

Sheriff wants to probe whether extortion was a factor in judge’s suicide
(DBN)

Michigan supremes demote chief district court judge, saying he hasn’t cooperated with takeover
(DBN)

If The Constitution Ever Came To Life, Scalia Would Be The Man To Kill It
(DBN)

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Wall Street:

US Stocks Seen Higher Ahead of Earnings Wave
(DBN)

S&P 500 Sets New Record Close As Stocks Push Higher
(DBN)

Wall Street's Terrified There Will Be Ugly Layoffs If The Fed Won't Let Banks Buy Commodities Anymore
(DBN)

Finding Wall Street's Missing Money
(DBN)

Regulators Not Happy With Guy Whose Algorithm Tricked Some Other Algorithms
(DBN)

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Layoffs:

Fewer Americans Want to Work
(DBN)

Sometimes It Makes Perfect Sense To Work At A Struggling Company
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

SAC Capital memo refutes allegations against CEO Cohen
(DBN)

____________

Alternative Energy:

Bankrupt Company's Fobs Shortcircuit Electric Car-Charging System
(DBN)

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Shipping:

TMT bankruptcy moves forward
(DBN)

____________

Religion:

Church's bankruptcy case enters final phase
(DBN)

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Health Care:

Second Brooklyn Hospital Faces Closure
(DBN)

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Economy:

Fed Budget Cuts Take Toll on Workers
(DBN)

Chicago Fed: "Economic Activity Slightly Improved in June"
(DBN)

America Is Richer Than We Think
(DBN)

USA: 1940 vs 2010
(DBN)

Who Makes Minimum Wage?
(DBN)

An Economy Working Only for a Few
(DBN)

The Huge New Threat to Capitalism
(DBN)

On the economy, Obama is faltering under his own terms
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Sales of Existing US Homes Unexpectedly Decrease --- Existing home sales dip monthly but rise 15.2% annually --- Home sales take a breather, but prices hit five-year high
(DBN)

Assignment of Rents: Absolute May Not Be So Absolute – Round 2
(DBN)

Backlog of foreclosures continues to block housing recovery
(DBN)

Five Takeaways From the Existing Home Sales Report
(DBN)

UBS reaches MBS settlement with regulators
(DBN)

____________

Health Care:

How a secretive panel uses data that distorts doctors’ pay
(DBN)

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Municipalities:

Union activist: E-mails show Orr, Jones Day planned bankruptcy --- Detroit bankruptcy, Kevyn Orr's doubts discussed weeks before EM was hired, e-mails show --- Detroit Bankruptcy Fight Tips Toward Orr Thanks to Fast Filing
(DBN)

Cries of Betrayal as Detroit Plans to Cut Pensions --- Change of Heart Over Detroit --- Unions: We never sat down with Orr --- Just how generous are Detroit's worker pensions for retirees? --- Pensions could be at stake in Detroit bankruptcy filing --- Pensioners' plight draws national attention
(DBN)

Detroit's Emergency Manager: 'There's Just No Money'
(DBN)

Off-Duty Detroit Firefighters Protest Potential Cuts
(DBN)

Detroit post-bankruptcy debt trades reflect unprecedented nature of Chapter 9 filing
(DBN)

Detroit Bankruptcy Infographic Breaks Down $18 Billion Debt, Key Facts About City's Decline
(DBN)

In Bankrupt Detroit , Happy's Pizza Isn't
(DBN)

Six crazy ideas for saving Detroit
(DBN)

Detroit entrepreneurs make a case for their bankrupt city
(DBN)

What's Left of Detroit After Bankruptcy ?
(DBN)

Little Power to Wield for Detroit's Mayor During Bankruptcy
(DBN)

Detroit EM's goal: Make City Hall work better
(DBN)

Judge delays hearing on Detroit bankruptcy, pensions --- Michigan Court of Appeals ruling on constitutionality of Detroit bankruptcy filing expected Mon --- Constitution Check: Who wins the battle between federal and state courts over Detroit’s bankruptcy? --- Judge to hold 1st hearing this week in Detroit bankruptcy; city wants lawsuits frozen --- Detroit hurtles toward first bankruptcy hearing
(DBN)

Dueling explanations for Detroit collapse reflect ideology --- A Bankrupt Narrative
(DBN)

The messy, tragic truth about Detroit’s bankruptcy
(DBN)

The Detroit Debacle Is a Municipal Opportunity --- Could Detroit's Tragedy Have A Silver Lining? --- A growth strategy for Detroit , post- bankruptcy
(DBN)

Shrinking population, heavy debt make turnaround tough --- Detroit's population from 1840 to 2012 --- Detroit's Sixty Year Decline into Hell
(DBN)

Detroit: For Whom the Bail Tolls
(DBN)

The Auto Towns Left Behind --- Detroit is Not the Auto Industry
(DBN)

Detroit's Bankruptcy as a Teachable Moment
(DBN)

Detroit Post-Bankruptcy Debt Trades Show Improved Recovery Bets
(DBN)

Amid Detroit bankruptcy, 'Chicago has too many similarities to ignore'
(DBN)

Is Detroit's bankruptcy a 'Sputnik moment?'
(DBN)

MSNBC's Dyson Cries Racism in Detroit Bankruptcy
(DBN)

Detroit Bankruptcy: A Controversial Roadmap
(DBN)

By the rivers of Babylon: Glory days gone, Detroit faces legal 'war'
(DBN)

Sen. Rand Paul: Detroit bailout 'over my dead body'
(DBN)

Detroit and the importance of failure
(DBN)

Panic about Detroit
(DBN)

Detroit , in troubled times: What others think of us
(DBN)

7 unthinkable urban comebacks that should inspire Detroit
(DBN)

Bankrupt Detroit's downtown renaissance creates trickle of hope
(DBN)

City Bankruptcy Sparks More Attention on Detroit Institute's Art
(DBN)

Dexia says will take 59 mln euro charge for Detroit debt
(DBN)

In Stockton, bond insurers are back at the table --- Will Detroit's Bankruptcy Lead to Stockton Deal?
(DBN)

California court battle with unions sets stage for pension reform showdown
(DBN)

CA Take Note: Detroit Bankruptcy Could Slash Pensions
(DBN)

Will Pensions Prompt More City Bankruptcies? --- Other Cities May Join Detroit in Bankruptcy --- Why Detroit is a cautionary lesson for all cities
(DBN)

Experts: Detroit bankruptcy filing unlikely to be played out in NJ
(DBN)

Detroit's bankruptcy : A warning to NYC
(DBN)

No, other cities are not just like Detroit
(DBN)

Most Likely Cities to Go Bankrupt
(DBN)

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New Bankruptcy Opinions
(No new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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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Corporate Reform:

A Legal Bane of Wall Street Switches Sides
(DBN)

No one is too big to jail, Wall Street cop says
(DBN)

Does Dodd-Frank work?
(DBN)

____________

Education:

Fewer parents can pay college tuition
(DBN)

Paying for College in Modern Times
(DBN)

____________

Food/Beverage:

Northern SD beef plant files bankruptcy protection
(DBN)

Judge sends leftover Hostess assets to auction next month
(DBN)

New York's high flyers at war with Manhattan wine storage cellar
(DBN)

____________

Mass Torts:

Law Firms Fire Back Against BP's Claims of Skullduggery
(DBN)

____________

Distressed Lending:

As Banks Retreat, Hedge Funds Smell Profit
(DBN)

____________

Textbooks:

Textbook publishers revamp ebooks to fight used market
(DBN)

____________

Telecoms:

With exclusivity lost, LightSquared expects competing offers
(DBN)

____________

UK:

Insolvency Service investigation leads to double bans
(DBN)

Insurance failures fall by more than a third
(DBN)

Motor trade insolvencies fall in June
(DBN)

Construction insolvencies see dramatic drop in June
(DBN)

UK Ministry Proposes Expanding Director Liability.
(DBN)

Kate Gives Birth to Boy Who’ll Be Third in Line to U.K. Throne
(DBN)

____________

PIIGS:

Dunne fails to halt parallel bankruptcy --- Trustee seeks to compel Dunne to answer
(DBN)

Spain Is Today's Big Winner
(DBN)

____________

Canada:

Leave to Appeal Denied – Ontario Court of Appeal Reviews the Test for Leave to Appeal Decisions in CCAA Proceedings
(DBN)

____________

Brazil:

Batista 'What Went Wrong' Letter
(DBN)

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