July 24, 2013

The Daily Bankruptcy News

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Law:

Harvey Miller: Detroit Will Be In Bankruptcy 'For A Long Time'
(DBN)

Female lawyers take lead role at Detroit bankruptcy hearing
(DBN)

Don't Bury Big Law Just Yet --- The Death Of Big Law Is Being Massively Overhyped
(DBN)

Fried Frank, McDermott, Akin, Fenwick: Business of Law
(DBN)

Many Detroit bankruptcy creditors tap local firms as counsel
(DBN)

Pro Bono 2013: Motor City Cleanup Crew
(DBN)

Lawyer Begs For Job Via Mass Email, Includes Picture of His Toned Arms — Because Why Not?
(DBN)

Fried Frank Picks Goldman Sachs Lawyer To Lead Firm
(DBN)

Stealth Lawyer, Victoria Lai, Ice Cream Maker
(DBN)

Young lawyer saves $25K a year in rent by living with mom and dad
(DBN)

The Aspiring Lateral: Can You Take It With You?
(DBN)

Crowdfunding comes to legal services
(DBN)

Legal Project Management Case Study: Foley & Lardner
(DBN)

The Real Way to Fix Law School: More Lawyers
(DBN)

Laying down the law school
(DBN)

Law Professor Compares His Own Scholarship To Whale Poop
(DBN)

A Law School Tries To Rope Middle-School Students Into Its Clutches — And It’s Pretty Cool
(DBN)

How to improve law school? Required clinical training, capped loans are among expert suggestions
(DBN)

Is a law degree really worth $1M? Law prof says value overstated; study author defends stats
(DBN)

New website makes it easier to compare law-school jobs data
(DBN)

12 Ways An Employee Is A High-Achiever
(DBN)

Prosecutors Reportedly Want To Charge Aaron Hernandez In A 2012 Double Murder
(DBN)

Snowden allowed to leave airport and enter Russia --- Obama to Congress: Don't Curb NSA Surveillance --- It's Time to Debate NSA Programs --- The 'Amash Amendment' To Derail The NSA's Surveillance Powers Goes Down In The House --- Congress Sides with NSA Against the Public --- Poll: Public Wants NSA Spying Stopped
(DBN)

Man, 47, swims from Canada to Detroit, is found in water on way home, cited for public intoxication
(DBN)

Pooping On The Po-Po: Colorful Allegations Against An Attorney
(DBN)

Former BigLaw ‘Gatsbabies’ associate is disbarred after guilty plea to vehicular assault
(DBN)

Police Killed Man at Wrong House
(DBN)

Charges dropped against lawyer accused of assaulting women who answered ad for rough sex
(DBN)

______________

Judges:

Judge handling Detroit bankruptcy case is Ann Arbor resident and U-M Law School lecturer --- Has Strong Record, Known As A Stickler
(DBN)

Just How Business-Friendly is the Supreme Court, Anyhow?
(DBN)

Ruth Bader Ginsburg Looked Amazing In 1953
(DBN)

The Supreme Court's Approval Rating Just Keeps Getting Lower
(DBN)

Juror No. 3, also a judge, is nixed by defense; prior jury duty pointed him toward legal career
(DBN)

Judge found in contempt for barring journalist from courtroom in defiance of appeals court order
(DBN)

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Wall Street:

US stock futures trade in narrow range
(DBN)

Stocks close mostly lower
(DBN)

A Wall Street Hedge Fund Vet Explains What The Kids He Interviews These Days Are Missing
(DBN)

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Layoffs:

Legacy of Long-Run Unemployment
(DBN)

Ford Has Trouble Filling New Jobs
(DBN)

Age bias claims are on the rise; study with ‘old Max’ illustrates problem
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Pensions:

Facing Up to America's Pension Woes
(DBN)

Detroit’s bankruptcy is proof that states are calculating public pensions all wrong
(DBN)

Detroit Bankruptcy Filing Puts Spotlight on Distressed Municipal Pensions
(DBN)

Pension Bonds Raise Red Flags on Munis
(DBN)

Pension liabilities drive America's cities to their knees
(DBN)

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Food/Beverage:

South Dakota beef plant lays off workers
(DBN)

Belle Foods to sell all 44 stores
(DBN)

Basis Farm to Chef Files for Bankruptcy Liquidation
(DBN)

Court approves auctions of East Coast Brokers and Packers assets
(DBN)

McDonald's Customers Can't Afford to Go There
(DBN)

The only remaining 4-star restaurants in NYC
(DBN)

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Lehman:

Lehman Increases Estimate of Cash Levels to $80.6 Billion
(DBN)

____________

Economy:

Americans Skeptical of Recovery
(DBN)

Obama praises resilient economy, warns of 'inequality of opportunity' --- Obama Says Opponents Distract From Steps to Boost Economy --- Good Speech, Obama. Now Deliver the Policies
(DBN)

Who's Afraid of Larry Summers? --- Larry Summers will destroy the economy (again)
(DBN)

Obama has not decided on pick for next Fed chief -source --- What They’re Saying About Larry Summers and Janet Yellen
(DBN)

Life after the Ben Bernanke age
(DBN)

Early Indicator Suggests Strong July for Factories
(DBN)

Caterpillar Q2 Earnings, Meh
(DBN)

World Trade Volume Fell by 0.3% in May
(DBN)

How The Global Economic Conversation Has Changed
(DBN)

10 Reasons US Economy Won't Break Loose
(DBN)

Taxes, Entitlements And Federal Debt In Charts
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

New home sales up 8.3% in June
(DBN)

An Ohio Bank Foreclosed On The Wrong House, And Repossessed All The Owners Stuff
(DBN)

Construction Index Dips in June, Still Shows Growth
(DBN)

FHA Commissioner fields questions on agency's solvency
(DBN)

Raleigh-area builder files for bankruptcy
(DBN)

____________

Municipalities:

Lawyers square off in first battle over Detroit bankruptcy bid --- Crowded courtroom inside, sparse protests outside during first hearing in Detroit's bankruptcy --- Detroit firefighters, police show up for bankruptcy hearings --- Judge takes 2-hour break before bankruptcy ruling --- Judge Blocks Challenges to Detroit's Bankruptcy --- Judge says staying lawsuits will prevent 'administrative nightmare' --- Judge: State lawsuits cannot block Detroit bankruptcy filing --- Says bankruptcy court will handle all Detroit cases --- Governor cheers ruling dismissing bankruptcy lawsuits --- Ingham County judge loses another round in her bid to halt Detroit's bankruptcy case --- Detroit Automatic Stay Ruling --- Detroit Bankruptcy Protections Affirmed as Governor Immunized --- Retiree concerned after bankruptcy judge's ruling
(DBN)

Detroit Immunity Ruling Opens Way for Eligibility Fight
(DBN)

Municipal Bankruptcies: An Overview and Recent History of Chapter 9 of the Bankruptcy Code
(DBN)

Judge to Detroit Reporters: Behave Yourselves
(DBN)

Meredith Whitney: 'Everybody Loses' in Detroit Bankruptcy --- A Quick Thought On Municipal Bankruptcy
(DBN)

Along the Path to Bankruptcy, Detroit Stayed Under Debt Limit
(DBN)

Sen. Ron Johnson: Say no to Detroit bailouts --- Lindsey Graham's plan to prevent city bailouts --- Baucus Looking for Ways to Assist Bankrupt Detroit
(DBN)

Auto bailout a prototype for Detroit pension fix
(DBN)

History offers few happy endings for Detroit to follow
(DBN)

Detroit bankruptcy case put into the fast lane
(DBN)

Detroit bankruptcy tests state pension protections
(DBN)

Mayor of Detroit - a job about nothing --- Tom Barrow, Krystal Crittendon, Mike Duggan tout their agendas as candidates for Detroit mayor
(DBN)

Commerzbank to take charge in results for Detroit debt
(DBN)

Is The City of Detroit The Beginning of A Trend In Municipal Debt?
(DBN)

Detroit may be bankrupt , but its car companies are booming --- Ford executive: Detroit bankruptcy 'is going to be good'
(DBN)

Detroit : After bankruptcy , then what?
(DBN)

New arena gets go-ahead --- Snyder lauds Detroit Red Wings arena project; incentives approved
(DBN)

Obama's optimism on Detroit meets hard reality
(DBN)

'They are telling us we have to dig our own graves'
(DBN)

This Is How Detroit's Pension Funds Really Got Raided...
(DBN)

Duggan: 'I Can Turn Detroit Around Financially' --- Katz, Bradley: How Detroit can rise again
(DBN)

Everyone, it seems, has an idea to fix Detroit
(DBN)

Detroit area's battle with blight may be key to survival
(DBN)

In Detroit, Citizens Failed Their City
(DBN)

Detroit is America
(DBN)

There's No Formula for Fixing Detroit , and That's a Good Thing
(DBN)

The Motor City's Motor Seizes-Jump Start Won't Help
(DBN)

Detroit : The Wet Dream of Wall Street
(DBN)

Detroit bankruptcy - only in America?
(DBN)

Collecting Taxes Among Detroit's Financial Troubles
(DBN)

A Guide To Detroit's Chapter 9 Default And How Bankruptcy Could Change The City
(DBN)

Richard Florida Flip-Flops on Detroit
(DBN)

Rep. Dan Kildee: Flint 'on same path' as Detroit
(DBN)

Michigan's Other Big Problem
(DBN)

Detroit's Fallout: How Safe Are Other Municipal and City Pensions? --- Detroit holds clues for fixes for other big cities --- Paul Krugman: Detroit's crisis isn't a harbinger of national crash --- There will be more Detroits: Your town could be next
(DBN)

Indiana Legislators Might Debate City Bankruptcy Option
(DBN)

Illinois Stripper Haven Reveals States Missing Bankruptcy Threat
(DBN)

Upstate leaders warn: 'We don't want to be Detroit'
(DBN)

The Wages of Bankruptcy : Stockton's Cautionary Tale for Detroit
(DBN)

Contractor sues for $4.7M despite city's bankruptcy
(DBN)

Harrisburg, PA, close to deal on debt-laden incinerator --- Overview of the Harrisburg debt plan --- Business leaders hope incinerator, debt deal will also solve a regional image problem --- Harrisburg is no Detroit --- Why not bankruptcy for Harrisburg's debt? A closer look at the receiver's strategy
(DBN)

The sad story of Detroit: The writing's on NYC's wall
(DBN)

Analyst Meredith Whitney warns of 'staggering' aftershocks --- 'Neighbor vs. neighbor' in cities: Whitney --- Why Detroit's Bankruptcy Could Detonate A $3.7-Trillion Muni Bond Bomb --- No, Meredith Whitney, Detroit's Bankruptcy Is Not Going To Lead To A Wave Of Municipal Defaults
(DBN)

LA Bankruptcy Could Be Two To Three Years Away, Says California Pension Reform President
(DBN)

Could Kansas City ever face bankruptcy like Detroit?
(DBN)

____________

New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (30 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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DIP Finance:

Sharia Compliant DIP Financing: Coming Soon, to a Bankruptcy Court near You
(DBN)

____________

Estoppel:

Court Nixes Discrimination Claims by Worker Who Didn't Reveal Them in Bankruptcy Filing
(DBN)

____________

Autos:

Metavation LLC of Southfield files for Chapter 11 bankruptcy
(DBN)

Payback unlikely from GM bailout
(DBN)

____________

Health Care:

Scripps Health Closes Escrow on Hillcrest Hospice Facility
(DBN)

____________

Fraud:

Galleon’s Rajaratnam Seeks Rehearing Before Full Appeals Court
(DBN)

Ex-Goldman Exec Calls Central E-Mail in Fraud Case ‘Inaccurate’
(DBN)

Ex-Goldman Sachs trader, SEC spar in civil trial over 2007 mortgage deal
(DBN)

Banks Said to Weigh Suspending Dealings With SAC as Charges Loom
(DBN)

SAC Sued by Elan Investors Over Alleged Illegal Trading
(DBN)

____________

Telecoms:

Dish raises offer for LightSquared assets
(DBN)

____________

Education:

Harvard Is Only The Eighth Best College In America, According To Forbes
(DBN)

____________

Metals:

AEP Sues Ormet
(DBN)

____________

Non-Profits:

Omaha nonprofit's directors subpoenaed over $25 million HUD loan
(DBN)

____________

Collectibles:

Family Bankrupt After Spending $100,000 On Beanie Babies
(DBN)

____________

Sovereigns:

Pari Passu Whiplash
(DBN)

____________

UK:

UK Supreme Court Throws out the Nortel and Lehman Pension Baby Claims with the Bathwater
(DBN)

British economy grows 0.6pc in second quarter: reaction
(DBN)

‘Super Priority’ of Financial Support Directions Overturned in Supreme Court of England and Wales
(DBN)

Jail or No Jail
(DBN)

North East insolvencies fall again
(DBN)

____________

EU:

Euro helped by signs of eurozone recovery
(DBN)

The State Of Political Risk In Europe
(DBN)

____________

PIIGS:

EU says Portuguese banks on right track, don't need more aid
(DBN)

Spanish unemployment falls for first time in two years
(DBN)

Irish Woes Get Personal for Minister as Losses Top $173 Billion --- Anglo Irish Creditors Said to Face More Losses After Liquidation
(DBN)

____________

Canada:

Northstar directors liability to be decided by Environmental Tribunal
(DBN)

____________

Germany:

Earlier discharge for German debtors ... but not many
(DBN)

German Business Confidence Is Improving
(DBN)

____________

 

 

 

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