July 31, 2013

The Daily Bankruptcy News

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Law:

Organizing Chaos - Reed Smith's Bankruptcy Group Puts Clients Back On The Level
(DBN)

A&O, Linklaters and DLA among firms facing legal action over Dewey hires
(DBN)

Biglaw’s Unwritten Purpose
(DBN)

America Has Way Too Many Lawyers, And The Bubble Is Growing
(DBN)

Kirkland, Weil, K&L Gates, Loeb & Loeb: Business of Law
(DBN)

The Female Lawyer Exodus
(DBN)

22 law firms hired rogue investigators to steal client data
(DBN)

Big Philadelphia Law Firm Has To Give Death Benefits To A Lesbian Widow
(DBN)

Starting from Scratch - Ten lawyers who built practice specialties out of whole cloth
(DBN)

A Banker's Lawyer --- Facing collapse, the financial services industry turned to a trusted veteran
(DBN)

Best Law Firm Corporate Practices
(DBN)

A Culture of Pioneering - Ballard Spahr's Path to Success
(DBN)

Lovely Latham Bankruptcy Lawyer Makes Major Marital Mistake
(DBN)

Lawyers review app advice and password help
(DBN)

Your Client Is Sleazier Than You Are
(DBN)

Blank Rome closes Hong Kong office as partners depart
(DBN)

18 year-old American becomes youngest ever barrister
(DBN)

How to End Your Summer In Biglaw On A High Note
(DBN)

Which Firms Are The Student Favorites?
(DBN)

Cooley law grads lose appeal in suit over employment stats
(DBN)

A Guide For Choosing A Low-Ranked Law School
(DBN)

No Job, No Refund
(DBN)

A law student is hitting a golf ball across America
(DBN)

Appeals court strikes down NYC's big-soda ban
(DBN)

Ex-client presumed dead after breaking into law firm and ‘shooting everything,’ partner says
(DBN)

Davis Polk Fights Recruiter Suing for $1.4 Million Fee
(DBN)

5 Stories Of The Bar Exam Turning Into A Total Disaster
(DBN)

Bicyclist Claims LAPD Cops Drew Guns... 'Started Stomping My Face In' For Riding Without Lights'
(DBN)

Bradley Manning found guilty on 19 counts
(DBN)

Former Penn State Officials To Stand Trial For Alleged Cover-Up Of Sandusky Scandal --- Lawyer Made Light of Sandusky Probe, Witness Says
(DBN)

NSA Surveillance Will be More Damaging Than You Think
(DBN)

Ralph Nader plans tort law museum
(DBN)

Lawyer Attacked by Polar Bear
(DBN)

Why Do Prosecutors Think Their Badges Should Get Them Into Clubs?
(DBN)

Man Climbs Through Sliding Glass Window In Most Ridiculous Jail Break Ever
(DBN)

Officer Posted Photos Of What While On Duty?
(DBN)

Law graduate, Survivor winner, sitcom writer
(DBN)

Court Sentences Blogger To Seven Years And 600 Lashes
(DBN)

Student Jailed 5 Days Without Food Or Water Awarded $4.1 Million Settlement From DEA
(DBN)

Say What?!
(DBN)

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Judges:

Sequestering Justice Is Unjust
(DBN)

When using peremptory challenges in a civil case, is it OK to strike a juror because he or she is butt ugly?
(DBN)

A Judicial Whodunnit: Shedding Light On Unsigned Opinions
(DBN)

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Wall Street:

Stock futures straddle flat line ahead of Fed
(DBN)

Stocks mixed as markets close
(DBN)

Big banks are influencing energy commodity prices: US senators --- Financial regulators pressed on banks' commodities --- SEC examines trading rules as commodity crack-down heats up
(DBN)

JPMorgan to Pay $410 Million in US FERC Settlement --- Slap on Wrist
(DBN)

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Layoffs:

Unemployment rates rise in 90 pct. of US cities
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Brokers:

MF Global Unit Sues 11 Banks Over CDS Market --- Sues banks for restricting competition in CDS
(DBN)

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Autos:

Fiat Fails to Get Judge to Put Price on Chrysler Shares
(DBN)

Leasing Surge Fuels Highest U.S. Sales Since 2007
(DBN)

Auto dealers face backlash over Hillary Clinton as keynote speaker
(DBN)

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Religion:

Judge shields Wis. archdiocese fund from creditors --- Vindicates Cardinal Dolan
(DBN)

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Agriculture:

Grabanski stops sale of his ND assets by filing Chapter 7 bankruptcy
(DBN)

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Personal Finance:

Anyone Who Says Money Doesn't Buy Happiness Isn't Telling The Whole Story
(DBN)

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Politics:

Milwaukee legislator facing financial troubles again
(DBN)

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Economy:

Obama proposes 'grand bargain' on corporate tax rate, infrastructure, jobs --- Obama's Latest 'Grand Bargain' Proposal Isn't Much Of A Bargain At All
(DBN)

Durbin, Senate Democrats Would Question Summers for Fed
(DBN)

Night of the Living Fed Coming to Wall Street
(DBN)

CFOs confident about economy, worried about Affordable Care Act
(DBN)

Economists looking past weak Q2 GDP report
(DBN)

Here's How Much More A Big Mac Would Cost If McDonald's Doubled Wages --- Or, McDonald's Could Double Wages For Employees, Not Raise Price Of Big Macs, And Just Make Less Money ...
(DBN)

Survey: Many disability recipients admit they could work
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

California city's drastic foreclosure remedy: Seizure --- Richmond adopts eminent domain underwater mortgage plan --- Daring Plan to Help Underwater Homeowners Will Provide Massive Stimulus to Law Firms
(DBN)

American Dream Slipping as Homeownership at 18-Year Low --- Rents At Record Highs
(DBN)

Case-Shiller Shows Home Prices Up 12.2% for May 2013 --- Two cities post all-time price highs
(DBN)

Home Prices Jump, but Headwinds Build
(DBN)

Mass. foreclosure activity sees steep fall in June
(DBN)

Nationstar faces $35M suit over cancelled home loan auction
(DBN)

Multifamily originations are on the rise
(DBN)

Miami-Dade Appraiser Sets Sights On Homestead Fraud
(DBN)

Lease Claims: Sometimes Privity Matters
(DBN)

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Municipalities:

Judge proposes fast pace in Detroit bankruptcy case --- Eligibility Trial Date Of October 23 Proposed --- March 1 Plan Deadline
(DBN)

Detroit's pension funds' lawsuits moved to federal court
(DBN)

What does Anna Nicole Smith have to do with Detroit's Chapter 9 bankruptcy ?
(DBN)

After Detroit , muni bonds are safe, but no slam dunk --- Detroit's Bankruptcy Might Be A Blessing In Disguise For Bond Insurers --- Detroit's bankruptcy filing hurts Michigan bond sales --- Detroit and other Michigan municipalities are behind in pension and retiree health care obligations --- Snyder says Michigan comeback depends on Detroit comeback --- Snyder: Mich. shouldn't blame others for problems
(DBN)

Despite Detroit, U.S. public finance ratings improve -S&P
(DBN)

Detroit Retirees Say Bankruptcy Panel Should Be Independent
(DBN)

Kevyn Orr's let-them-eat-crab-cakes moment
(DBN)

Bankrupt Detroit Receives Less U.S. Aid Than Colombia
(DBN)

‘Let them eat bonds’ may not be a good idea
(DBN)

'We didn't get anything before the bankruptcy, we're not going to get anything after it'
(DBN)

Michigan AG office now on both sides of Detroit bankruptcy debate --- Michigan attorney general sees no conflict
(DBN)

Artist makes statement in Crisco after Detroit bankruptcy filing --- City Trashes Artist
(DBN)

Judge is asked if Detroit tax appeals can be filed
(DBN)

Cities On The Brink: Lessons From Detroit
(DBN)

Using Detroit as a Test Case for Immigration
(DBN)

Graham, Cornyn, Lew to Detroit : A “Drop Dead” Variant
(DBN)

Detroit Offers Object Lesson in the Fiscal Policy Effects of Going Bust
(DBN)

Detroit council pursues congressional hearings on municipal bankruptcy
(DBN)

Detroit businesses fret over city's unpaid bills
(DBN)

It's Time to Privatize the Detroit Institute of Arts
(DBN)

Keeping the Faith in Detroit
(DBN)

Detroit's Bankruptcy Could Be the Best Thing That Ever Happened There
(DBN)

Chicago Under Scrutiny After Detroit Bankruptcy
(DBN)

Detroit just among the first facing troubles funding retiree costs
(DBN)

Michigan advisers try to calm clients in wake of Detroit's bankruptcy
(DBN)

The Hazards of Gloating Over Detroit
(DBN)

Detroit native finds the silver lining in bankruptcy
(DBN)

Cities Begin Hiring Again
(DBN)

Hawaii is giving homeless people a one-way ticket off the islands
(DBN)

Chicago Penalty Up 25% as Rating Cut Evokes Detroit
(DBN)

Detroit home priced at $1 sits on the market for 519 days
(DBN)

Are Jefferson County's sewer rates reasonable? Bankruptcy plan could depend on the answer --- Water Utility Blasts Jefferson County Plan
(DBN)

Lawsky Says New York to Step Up Scrutiny of Public Pension Funds
(DBN)

Minneapolis credit rating downgraded on new pension analysis
(DBN)

The Disastrous Consequences of Raiding Public Pensions
(DBN)

San Bernardino bankruptcy isn't time for pity party
(DBN)

Stockton has difficult road ahead
(DBN)

____________

Mass Torts:

BP braces for long battle over oil spill damages claims --- Gulf Oil Spill Haunts BP With $42.4 Billion Bill
(DBN)

Legal Newsline files motion to keep Garlock trial open
(DBN)

____________

Shipping:

Stranded by insolvency
(DBN)

____________

Education:

Fresh out of bankruptcy , School Specialty looks for a new CEO
(DBN)

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Consultants:

Epiq Systems earnings fall from elevated level a year ago
(DBN)

____________

Credit Reporting:

Equifax Ordered to Pay Woman $18 Million
(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 (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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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Professional Employment:

ResCap Judge Won't Disqualify Company, Creditor Lawyers
(DBN)

____________

Discharge:

Mechanics' Lien Trust Fund Debts Not Dischargeable in Bankruptcy – What Were You Thinking?
(DBN)

____________

Plan Confirmation:

Section 1127(b) – Postconfirmation Modification of a Plan
(DBN)

____________

Avoidance Actions:

Extending the Statute of Limitations for Preference Actions? The Seventh Circuit Rules!
(DBN)

____________

Fraud:

SEC lawyer to NY Tourre jury: Ignore trader's 'fantasy' --- Tourre Aimed to Feed Greed With Very Simple Fraud, SEC Says --- Fabulous Fab's Timeline: From CDO Creation to Closing Arguments --- Heard the One About the CDO That Actually Wasn't? Don't Ask --- Tourre Says He Did Good Job, Wants His Reputation Back
(DBN)

Accused SAC Capital tipster arrested in California
(DBN)

A Hedge Fund Tattled On The Tech Analyst Who Was Arrested For Allegedly Giving Out Insider Information
(DBN)

The Road to Indictment
(DBN)

SEC Says Houston Investor Relations Exec Traded Stock on Clients’ Confidential Data
(DBN)

Akerman's Michael Goldberg Selected Rothstein Liquidating Trustee
(DBN)

HP Switches Firms - Again - in Autonomy Suits
(DBN)

____________

Corporate Governance:

Outside Director Accountability
(DBN)

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Celebs:

"Real Housewives" Stars Appear in New Jersey Federal Court --- 'Housewives' stars free on bond, travel restricted --- The Indictment --- Teresa Giudice Out on $500K Bail; Juicy Joe Could Be Deported ---- Teresa Giudice in Denial About Fraud Charges: She's Acting Like Everything's Fine, Says Source --- Lawyer: 'Housewives' star targeted due to fame --- 'RHONJ' Star Danielle Staub -- Handles Bankruptcy WAY Better Than Indicted Co-Star
(DBN)

Rapper DMX Files for Bankruptcy --- Owes $1.24 Million In Child Support --- DMX filed for bankruptcy to overcome touring issues
(DBN)

____________

Health Care:

Delay of Obamacare Mandate Will Cost Taxpayers $12B
(DBN)

Detroit bankruptcy could flood Obamacare exchanges
(DBN)

____________

Photography:

Kodak Outlines Post Bankruptcy Plan; CEO Antonio Perez To Leave
(DBN)

____________

Corporate Reform:

JPMorgan Looks to Pay to Settle U.S. Inquiries
(DBN)

____________

Social Media:

One Of Facebook's Key Marketing Partners Is In Bankruptcy After Laying Off Most Of Its 100-Person Staff
(DBN)

____________

Aviation:

EU to approve US Airways-American Airlines merger
(DBN)

Pace Airline saga ends after 4 years
(DBN)

Airline worker charged with stealing luggage after Asiana crash
(DBN)

____________

Rail:

MDOT plans for possibility of rail shutdown
(DBN)

____________

Tech:

Micron Seeks Profit Even in Worst of Times With Elpida Deal
(DBN)

____________

UK:

The 10 Greatest British Monarchs In History
(DBN)

Baker Tilly strengthen North West team
(DBN)

____________

EU:

The European Economic Crisis Explained In Just Two Charts
(DBN)

The Best Stocks To Play The Europe Comeback
(DBN)

____________

PIIGS:

Wealthy Greeks set to pay for police bodyguard
(DBN)

____________

Canada:

Drabinsky's bid for full parole delayed
(DBN)

____________

Germany:

Germany's Praktiker appoints Macquarie in hunt for investor
(DBN)

German Unemployment Declined in July Amid Recovery
(DBN)

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