July 24, 2013

The Daily Bankruptcy News

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Law:

How Goes Howrey’s Liquidation?
(DBN)

Which Way Will You Run? Some Thoughts On The New Republic Article About Mayer Brown
(DBN)

Ex-SEC enforcement director Khuzami joins Kirkland & Ellis --- Will reportedly be paid over $5M a year
(DBN)

5 Law Firm Interviews That Went Horribly Wrong
(DBN)

Law Firm Ratings: Magic Circle in NYC Edition
(DBN)

America's lawyers are screwing their own colleagues to get ahead
(DBN)

ABA supports right to hearing when courts freeze assets needed to pay counsel
(DBN)

How The Government Could Fix America's Law Schools
(DBN)

How Can We Fix Law School? Six Experts Opine
(DBN)

Law Schools: Thrown Off The Gravy Train
(DBN)

Law grad and wife give $10M to his alma mater, upping total for the year to $25M
(DBN)

Drafting a Better 'Best Efforts' Clause
(DBN)

A Beach-Friendly To-Do List for Getting More Business
(DBN)

Ex-Am Law Associate, a New York Socialite, Disbarred
(DBN)

19 Apps For Your iPhone That Are Better Than The Ones Apple Made
(DBN)

Law Firm Leadership in the 21st Century: Say Hello to the Law Firm Leader
(DBN)

A Sudden, Messy Departure
(DBN)

Olympic rower cleared of assault: Clifford Chance associate ‘was like a dog snapping’ as he ‘attempted to bite me on the nose’
(DBN)

Lawyer gets suspension for impersonating college acquaintance on dating website
(DBN)

Deciding Whether Law Firms Should Have an App for That
(DBN)

Bipolar fake lawyer gets up to 3 years for impersonating attorney
(DBN)

Man Returns Library Book 41 Years Late And Pays $300 Fine
(DBN)

Snowden's Moscow lawyer: He plans to live and work in Russia
(DBN)

Family saved by George Zimmerman grateful, but terrified of threats --- Rachel Jeantel Says Zimmerman Verdict Inspires Her To Be A Lawyer
(DBN)

Aaron Hernandez lawyers up in Florida civil lawsuit --- Ray Lewis addresses Aaron Hernandez murder case — carefully --- Brady on Hernandez : 'I Have Moved On' --- Would NFL teams really have cops research tattoos of potential prospects?
(DBN)

Man Prohibited From Driving Is Arrested While Driving Car With Two Flat Tires and Steering With Pliers
(DBN)

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Judges:

Congress should give more power to bankruptcy judges.
(DBN)

Blogging From the Bench
(DBN)

Scalia's Latest Outburst --- Scalia reflects on 1930s Germany --- Judicial activism contributed to the Holocaust
(DBN)

Silly Grampa and his funny dress
(DBN)

Furloughs mean fewer officers to monitor criminals
(DBN)

Sequestration’s Biggest Victim: The Public Defender System
(DBN)

Delays, furloughs, security cuts: sequester hits judiciary hard
(DBN)

On matters of perspective and toilets
(DBN)

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Wall Street:

US stocks seen higher ahead of earnings deluge
(DBN)

US stocks close mixed; Dow inches up to new record
(DBN)

BofA: Our Biggest Clients Haven't Unloaded This Much Stock Since 2008
(DBN)

Meet the math geniuses who are running Wall Street
(DBN)

Goldman Sachs Posts Its Full Rebuttal To The New York Times' Aluminum Manipulation Story --- At Senate, Wall St. and Fed feel heat over commodity trade --- Elizabeth Warren Wants To Take This Goldman Sachs Aluminum Story And Run Right Over Wall Street With It
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

In U.S., Increased Optimism About Quality Jobs Persists
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

Parents Shell Out Less for Kids in College --- Report Finds Scholarships, Grants Are Largest Source for Family College
(DBN)

More Evidence That Colleges Are Giving Money to Those Who Need It Least
(DBN)

College Students Have Found A Better Way To Pay For Tuition Than Mom And Dad
(DBN)

Warren Balks at Student Loan Deal That Would Give ‘Outrageous Profits’ to Government
(DBN)

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Fraud:

For Jeff Skilling, ‘Enron Was His Life,’ Lawyer Says
(DBN)

SAC And Steve Cohen In The SEC's Crosshairs
(DBN)

SAC hits back at regulator allegations
(DBN)

Steve Cohen Got Nonpublic Information All Day Long, Didn’t Think It Was A Big Deal
(DBN)

Steve Cohen and the Hamptons defense
(DBN)

SAC Capital May Be Criminally Charged This Week
(DBN)

SAC Capital Lawyer Martin Klotz Is Earning His Keep Like Nobody’s Business
(DBN)

Houston sues banks over interest rate manipulation
(DBN)

SEC Star Witness Says Tourre Misled Her on Paulson’s Role --- Witness in Tourre Case Describes Difficulty in Knowing Deal's Friends From Foes
(DBN)

Tourre to Break Silence Testifying at SEC Trial Over CDO
(DBN)

Judge rules against punitive damages in Fair Finance lawsuit
(DBN)

____________

Telecoms:

LightSquared's Ad Hoc Lenders Propose Reorganization Plan
(DBN)

Dish Emerges As LightSquared “Stalking Horse” Bidder
(DBN)

____________

Tax:

Rich countries talk the talk about corporate tax dodging
(DBN)

____________

Tech:

New court filings detail objections by EI creditors
(DBN)

____________

Health Care:

Health Care Coverage Bill Introduced for Miners Losing Benefits Because of Bankruptcy
(DBN)

Another Brooklyn Hospital in Trouble
(DBN)

Bankrupt Interfaith Medical Center Could Be Next Brooklyn Hospital to Close
(DBN)

Roseland Community Hospital Appoints Tim Egan as Chief Restructuring Officer
(DBN)

Depression Costs U.S. Workplaces $23 Billion in Absenteeism
(DBN)

Who Gets Health Benefits?
(DBN)

____________

Economy:

Mid-Atlantic Manufacturing Activity Goes Negative --- US PMI Still Tracking Moderately Strong
(DBN)

White House Considers Fed’s Raskin for Treasury Post
(DBN)

Report: Larry Summers Is The Fed Frontrunner
(DBN)

Most Americans say nation is headed off track: NBC-WSJ poll
(DBN)

In U.S., Economic Confidence Stalls
(DBN)

The Latest Fight Over The Debt Ceiling Has Officially Begun --- Obama economy speeches come ahead of budget battle --- Congress to Detroit: Forget Bailout as Debt Ceiling Battle Looms --- Baucus Hints at Possible Aid for Bankrupt Detroit --- Levin Says He Opposes Bailouts to Help Detroit
(DBN)

Apple earnings spotlight growth slowdown
(DBN)

Economy Remains a Diminished Top Problem in U.S.
(DBN)

Cost-saving mood among customers helps push UPS to 4 percent drop in 2Q profit
(DBN)

7 States Are On The Decline On The Philly Fed's Economic Heat Map
(DBN)

The Complete Story Of America's Boom, Collapse, And Amazing Comeback In One Animated GIF
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

First-Time Home Buyers Left Behind
(DBN)

Single-family home prices reach highest level since 2007
(DBN)

Bankrupt Detroit may soon face delayed foreclosure process
(DBN)

Thinking Of Buying One Of Those $500 Homes In Detroit?
(DBN)

Parents — Here's What You Need To Know About Renting An NYC Apartment For Your Grown Kid
(DBN)

____________

Municipalities:

Detroit will start a wave of municipal bankruptcies --- Will Detroit Usher In a Wave of City Bankruptcies? --- Major cities that could follow Detroit into bankruptcy --- A Canary In The Coal Mine --- Meredith Whitney: 'Detroit Will Start A Wave of Municipal Bankruptcies' --- Meredith Whitney Surfaces To Feed On Detroit Bankruptcy --- Detroit not a one-off, aftershocks will be staggering
(DBN)

Detroit bankruptcy to get a mediator; federal judge Gerald Rosen is apparent pick
(DBN)

How Detroit Really Is Like America
(DBN)

Scenarios - For Detroit, all roads probably lead to bankruptcy court
(DBN)

After Detroit Bankruptcy , What US City Is Next?
(DBN)

What can we expect from Judge Steven Rhodes? --- Who is Judge Steven Rhodes?
(DBN)

Detroit bankruptcy judge finally gets his big case
(DBN)

Detroit Seeks to Shield Governor From Suits Over Bankruptcy
(DBN)

A Preliminary Road Map to the Chapter 9 Bankruptcy of the City of Detroit
(DBN)

Detroit’s bankruptcy: Two tales of one city
(DBN)

Detroit bankruptcy is doing bondholders a favor
(DBN)

The Rise and Fall of Detroit's Middle Class --- Who is to blame for Detroit’s bankruptcy—China? Or robots?
(DBN)

Detroit bankruptcy judge: I'll decide city pension funds case --- It's feds vs. state as Detroit heads to bankruptcy hearing --- Detroit: judge to decide if bankruptcy can proceed despite pension funds' opposition --- Michigan Court of Appeals suspends orders blocking Detroit bankruptcy filing --- Is Michigan's Pension Protection Clause Outdated? --- Can state officials OK Detroit's bankruptcy ? --- Could Snyder Go To Jail For Approving Detroit Bankruptcy Filing? ---Three Potential Legal Obstacles To Using Detroit’s Bankruptcy To Slash Pensions --- Orr's fast filing could be key to Chapter 9 fight, analysts say --- Detroit firefighters take to streets to educate public on budget cuts --- Bankruptcy Opponents Say Orr Didn't Negotiate In Good Faith --- Cockrel: ' Bankruptcy likely scenario for quite a while' --- New York Times: Detroit Shouldn't Cut Pensions, Must Think Regionally --- With Diminished Clout, Unions in Detroit Face Uphill Battle --- Detroit Pensioners in their Own Words: 'No One Has Any Idea' --- Beset by uncertainty, Detroit retirees brace for 'devastating' cuts --- Detroit Municipal Bondholders Won't Win If Pensioners Lose
(DBN)

Bing, Orr, Davis and The Secret Deal
(DBN)

New CFO brings tough management style to Detroit
(DBN)

What Will Being Mayor of Detroit Mean?
(DBN)

Newt Gingrich calls for Congressional hearings on Detroit bankruptcy
(DBN)

Bad Real-Estate Deals Return To Haunt Detroit's Pensions
(DBN)

Detroit's Benevolent Dictator
(DBN)

Detroit: What a city owes its residents
(DBN)

Some Detroit Bonds Gain on Bet Orr's Plan Will Fail
(DBN)

Municipal Bonds Seen Cheap After Detroit Bankruptcy
(DBN)

Muni Madness: The City Is Insolvent
(DBN)

Detroit bankruptcy could change view of GO bonds -Fitch
(DBN)

How your city might pay for Detroit's money mess
(DBN)

DOA: Detroit ? Think Again. Motor City Has A Chance At New Life --- How to Build a New Detroit --- The city needs less land and more people.
(DBN)

Can Insular Detroit Become a Chicago or a Pittsburgh?
(DBN)

Detroit's decline is a distinctively capitalist failure
(DBN)

In My Native City Of Detroit , Atlas Has At Long Last Shrugged
(DBN)

A New Detroit Needs Four Cylinders, Not Eight
(DBN)

A growth strategy for Detroit , post- bankruptcy
(DBN)

'The Daily Show' comes to Detroit's defense amid bankruptcy filing --- Late-Night Comedy Roundup: Chapter '9 Mile' Bankruptcy in Detroit
(DBN)

Communicating in a hurricane: the conversation in Detroit
(DBN)

Detroit and the importance of failure
(DBN)

The Blame Game: Three Books That Support Orr And Snyder's View Of Detroit's Decline
(DBN)

Krugman: Detroit , the new Greece?
(DBN)

The Scourging of Detroit
(DBN)

The Detroit syndrome
(DBN)

Jim Millstein on Detroit's Bankruptcy
(DBN)

Don't buy the right-wing myth about Detroit
(DBN)

The Best Rescue Plan for Detroit
(DBN)

Forbes: Detroit Business Leaders Are in Favor of Bankruptcy
(DBN)

Assured Guaranty EPS May Fall Over 60 Percent on Detroit --- Assured Guaranty to Insure Even More Municipals
(DBN)

S&P says U.S. bond insurers' exposure to Detroit manageable
(DBN)

Pensions? Always someone else's problem
(DBN)

Emergency manager law may help Mich. cities avoid Detroit's fate
(DBN)

How to prevent future Detroits
(DBN)

Mich. among 19 states with laws to intervene on behalf of financially-strained municipalities --- State Intervention Helps Distressed Cities, But Not Detroit
(DBN)

The Lessons Chicago Can Take From Detroit's Bankruptcy
(DBN)

Pew study looks at how RI handled bankruptcy of Central Falls
(DBN)

Mayors: Detroit-like conditions 'prevalent' in New York
(DBN)

La Grange, Ky. Officials Dealing With Downgrade In Credit Rating
(DBN)

Pew: States Can Take Steps to Help Cities Avoid Bankruptcy Filings
(DBN)

Jefferson County approves higher-than-planned tariffs hike
(DBN)

____________

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 (35 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (26 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:

Fewer declaring bankruptcy in Albany
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Deadlines:

Deadlines are Dead Serious
(DBN)

____________

Cross-Border:

Maxcom Telecomunicaciones Files for Bankruptcy in Delaware
(DBN)

____________

Miscellaneous:

Distressed Company Watch List
(DBN)

____________

Brokers:

Corzine Asks MF Global Judge to Toss Trustee Suit
(DBN)

____________

Autos:

Gov't needs $95.51 per share to break even on GM
(DBN)

Subpoenas threatened again in Delphi pensions case
(DBN)

4 ex-Chrysler dealers' claims dismissed by federal judge
(DBN)

Fiat Chrysler May Not be Based in US or Italy
(DBN)

____________

Food/Beverage:

McDonald's Is Making 3 Drastic Changes To Lure Cash-Strapped Americans
(DBN)

How Hot Dogs Are Made --- Where You Can Get A Free Hot Dog
(DBN)

____________

Alternative Energy:

Inside the Bold Plan to Save Better Place
(DBN)

____________

Lehman:

Lehman Brothers Holdings Inc. Files Updated Cash Flow Estimates
(DBN)

____________

Art:

Selling Off Detroit’s Art Could Depress Global Market
(DBN)

____________

Electricity:

TXU’s EFIH Said to Prepare Debt-Reduction Plan for Restructuring
(DBN)

____________

Corporate Reform:

The GOP's Plan B to Kill Elizabeth Warren's Consumer Watch Dog
(DBN)

____________

Pensions:

Pension Deficits Get Renewed Scrutiny Post-Detroit Filing
(DBN)

____________

Politics:

Carlos Danger: The story that keeps on giving
(DBN)

____________

Mining:

Chile Mining Needs to Raise More Cash
(DBN)

____________

Oil/Gas:

Bankrupt Parker marries "friend" behind firm that bought his assets
(DBN)

____________

Collectibles:

Electric chair, hunting trophies, more in Parsons bankruptcy sale
(DBN)

____________

Sovereigns:

IMF's Lagarde Drops Proposal to Back Argentina in Default Case
(DBN)

____________

UK:

Crucial £2.2 billion pension verdict expected
(DBN)

Scottish insolvencies on the rise
(DBN)

Supreme Court quashes Nortel/Lehman FSD rulings --- Lehman Pensions Don’t Get Priority Over Creditors, Court Says --- Proving for Pensions – UK Supreme Court rules that secondary pensions liability imposed by the Pensions Regulator ranks alongside other unsecured creditors in an administration
(DBN)

Debt problems: know thy neighbor's strife
(DBN)

A&O defends dual role on Co-op rescue amid conflict concerns
(DBN)

Hogan Lovells, DLA lead on Nicole Farhi sale out of administration
(DBN)

____________

EU:

The European Recession Comes To An End
(DBN)

Screech from Motown's collapse will be heard in Europe
(DBN)

ECB Sees Consumer Credit Standards Easing First Time Since 2007
(DBN)

____________

PIIGS:

Germany Says Greek Aid May Be Delayed
(DBN)

Spain's Renewable Energy Projects Facing Bankruptcy
(DBN)

____________

Canada:

Port Weller shipyard goes bankrupt
(DBN)

Canada, U.S. in economic role reversal
(DBN)

____________

China:

China Manufacturing Weakens Further as Slowdown Deepens --- What's Behind The Ugly China PMI Report
(DBN)

China's cities should learn from Detroit's bankruptcy
(DBN)

If You Thought Your Commute Was Bad . . .
(DBN)

China: Where Building New Government Buildings Is Banned, And Officials Reportedly Engage in B----- Milk O-----
(DBN)

China to push mergers, restructuring in sectors with overcapacity
(DBN)

____________

Brazil:

Everything Is Insanely Expensive In Brazil
(DBN)

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