June 18, 2013

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

Debtor Facing Sanctions Nabs High Court Review --- Will the Supremes Trim Back Bankruptcy Courts' Powers? (or, "Supreme Court Lays Down the 'Law' on Bankruptcy Exemptions")
(DBN)

Judge Calls Out Heller Ehrman Filing 'Flurry'
(DBN)

Which Firms Offer Women the Most Power and Highest Pay?
(DBN)

SEC, Mitchell Silberberg, Rimon, Seyfarth:Business of Law
(DBN)

Lawyers Can't Use DMV Records to Solicit Clients
(DBN)

Will an easy-to-pronounce name get you a better shot at partnership?
(DBN)

Summer Associate Tips—How to Work the Lunch and Cocktail Party
(DBN)

You Don’t Sound ‘Jaded’ on Law School Debt, You Sound Like a Law Professor
(DBN)

How Many Deans Does It Take To Run A Law School?
(DBN)

The Truth About Media Appearances
(DBN)

Stealth Lawyer: Karen Krueger, Alexander Technique Instructor
(DBN)

The average lawsuit thus pits Tweedledee against Tweedledum, and, sadly, they can't both lose.
(DBN)

Patriot Act Architect Cries Foul on NSA Spying --- Edward Snowden Is In The Process Of Destroying Any Support And Sympathy He Has Built Up --- Snowden: 'Being Called A Traitor By Dick Cheney Is The Highest Honor' --- Snowden's Questionable New Turn
(DBN)

Court: Arizona Citizenship Proof For Voting Illegal
(DBN)

6 Laws From 'Lord Of The Rings'
(DBN)

Ex-NFL star Chad Johnson apologizes for pat on lawyer’s posterior, wins release from jail
(DBN)

'Zombie Drug' Makes People Willingly Empty Their Bank Accounts For Criminals
(DBN)

In Internet P--- Spat, Prenda Law Firm Claims Judge Overstepped
(DBN)

Lawyer Says Arpaio's Deputies Beat Him Bloody
(DBN)

Drunk Guy Falls 15 Stories After Trying To Climb Into His Locked Apartment -- And Lives!
(DBN)

Teenage Girl Beheads Father
(DBN)

______________

Judges:

Arizona Gets Rare Smackdown From Justice Scalia --- Supreme Court rules Arizona needs to prove something
(DBN)

Clarence Thomas’s Legal Time Machine Zooms to 1789
(DBN)

Clarence Thomas Briefly Becomes A Liberal Hero, Making It Harder For A Judge To Lock You Up And Throw Away The Key
(DBN)

Judge Learned Hand, American Idol?
(DBN)

Ex-Clerk Says Judge Was a Horn Dog
(DBN)

Which stocks are SCOTUS justices picking?
(DBN)

Who Is The Richest Supreme Court Justice? A Net Worth Ranking
(DBN)

Justice Stevens Address: Guys Who Wear Bow Ties…
(DBN)

Introverts And The Fifth Amendment: Or, Justice Alito On Why You Should Go To Law School
(DBN)

Fudge your crappy town, biscuits
(DBN)

______________

Wall Street:

Stock Futures Rise as Investors Await Fed's Next Move
(DBN)

Most Asian Share Markets Advance Before Fed Meeting
(DBN)

Stocks Close Higher
(DBN)

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

______________

Layoffs:

A Day in the Life of the Long Term Unemployed
(DBN)

Don't Do These Things When You Lose Your Job
(DBN)

The 50 Best Employers For Older Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Bankruptcy Crimes:

Mahwah Dentist Found Guilty of Tax Evasion, Bankruptcy Fraud
(DBN)

____________

Coal:

Union Coal Miners Vow to Fight for their Benefits
(DBN)

Twelve arrested in UMWA protest
(DBN)

____________

Lehman:

Lehman Trustee Reaches $8.5 Million Settlement, Updates Progress
(DBN)

Lehman Derivative Litigation Still Looms Large
(DBN)

'Zombie Entity' Takes Aim at Novato Nonprofit, Report Says
(DBN)

Lehman Netherlands Affiliate Gets $2.4 Million Claim
(DBN)

____________

Health Care:

OnCure Holdings, Cancer Clinic Operator, Files for Bankruptcy
(DBN)

Health care costs to slow in 2014
(DBN)

____________

Tobacco:

Owner of bankrupt Mocksville tobacco companies faces fraud sentences
(DBN)

____________

Aviation:

American Airlines offers answers to customers’ questions in advance of US Airways merger
(DBN)

Airlines' performance improves, lags other industries
(DBN)

Passenger On Inbound Flight To Newark Restrained After Saying Everyone On Board Had Been Poisoned
(DBN)

____________

Fraud:

Madoff ruling should prompt service providers to review their own contracts
(DBN)

Trustee plan to compensate Pearlman victims gets key support
(DBN)

Hedge fund manager used postal box to hide $6 million fraud, Feds say
(DBN)

Ex-Purdue Students Charged With Massive 'Grade Hacking' Scheme
(DBN)

____________

Economy:

Good New York Fed Manufacturing News Not as Good as It Looks
(DBN)

Ben Bernanke under pressure to spell out QE timeline
(DBN)

Obama Says Bernanke Has Stayed at Fed 'Longer Than He Wanted'
(DBN)

How Rock and Roll Explains US Economy
(DBN)

The Chart That Eviscerates Five Terrible Talking Points About Taxes
(DBN)

Blunt Reason For Why Hedge Fund Managers Don't Like Bernanke
(DBN)

What A Map Of Kickstarter Usage Tells Us About America
(DBN)

$100 Oil Looms Again for US Consumers
(DBN)

Now That The Cheap Money Is Coming To An End, We Can See The Bubble To End All Bubbles
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

US home builder sentiment rises to highest in 7 years in June
(DBN)

Lowe's Buys Into the California Housing Rush
(DBN)

California home prices soar to new highs
(DBN)

S&P expects home prices to keep rising
(DBN)

In Countrywide Case, Watchdogs Without Any Bark
(DBN)

Bank of America Paid Bonuses to Foreclose: Lawsuit
(DBN)

Ex-BofA employees allege mishandling of HAMP applications
(DBN)

Lawsuit Tries Creative Approach Against Fannie and Freddie Bailout
(DBN)

Mastros say they aim to “retire in peace” --- Blame the banks, say they fled U.S. 'just to survive' --- Bankruptcy trustee to Mastros: Tell it to the judge --- Mastros, free from French extradition, want their big diamonds back
(DBN)

Supreme Court to Hear Housing Discrimination Case
(DBN)

Servicer's Confusion During Mortgage Loan Modification Process Not Result of Fraud
(DBN)

____________

Machinery:

Terex shares tumble on lower 2013 profit outlook
(DBN)

____________

Retailing:

Confusion Leads To Huge Rally In Bankrupt Orchard Supply
(DBN)

Orchard blames former owner Sears for bankruptcy
(DBN)

Orchard Supply bankruptcy: What's next?
(DBN)

Did Lowe's Just Pick Low-Hanging Fruit or a Bad Apple?
(DBN)

5 takeaways from the Orchard Supply bankruptcy and Lowe's deal
(DBN)

Rand's Hallmark Stores Closing Monday, Being Auctioned Tuesday
(DBN)

Owners of Lincoln Mall file for Chapter 11 bankruptcy
(DBN)

____________

Municipalities:

Detroit default, restructuring plan break new ground: Moody's
(DBN)

How Detroit’s recovery plan could threaten the US$3.7-trillion municipal market
(DBN)

Detroit's Restructuring 'Unconventional and Precedent-Setting'
(DBN)

Detroit's New City Czar Is Acting Like The Car Czar
(DBN)

Detroit Manager Paints a Bleak Future
(DBN)

Muni market seen more interested in FOMC than Detroit
(DBN)

In Embattled Detroit, No Talk of Sharing Pain
(DBN)

Detroit's Recovery Plan Dips Into Pensions to Keep City Afloat
(DBN)

Reduced pension payouts, worker concessions a tough sell for Detroit's emergency manager
(DBN)

What The Declines Of Microsoft And Detroit Have In Common
(DBN)

Fitch drops Detroit bond rating to D due to payment default
(DBN)

Detroit Roundup: There’s Good News and There’s Bad News (Mostly Bad News)
(DBN)

Will Pontiac go bankrupt after emergency manager leaves? --- Pontiac emergency manager says city should be ok after he leaves
(DBN)

Key figure in Stockton bankruptcy plans to retire
(DBN)

Jefferson County Debt Plan Is Costly
(DBN)

The Most Disaster-Prone Places In America
(DBN)

Mobile, Alabama Is Desperate To Show Us That It's Not One Of The Most Miserable Cities In America
(DBN)

International Cities Are Turning Into 'Elite Citadels'
(DBN)

____________

Autos:

European Car Sales Fall to 20-Year Low Amid Unemployment
(DBN)

What's Going On At Fisker These Days ?
(DBN)

____________

Celebs:

Miss Utah Falls Apart While Answering An Easy Question About Women Earning Less Than Men
(DBN)

____________

Financial Literacy:

Cordray encourages businesses to provide financial education programs for employees
(DBN)

____________

Software:

SCO v IBM case resurrected
(DBN)

____________

Protests:

Patriot bankruptcy protest prompts arrests
(DBN)

____________

Telecoms:

Creditors cleared to vote on KIT digital Chapter 11 plan
(DBN)

____________

Video Games:

Rhode Island’s Credit May Drop on Schilling Debt Coverage
(DBN)

____________

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 (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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)

______________

Exemptions:

U.S. Supreme Court Will Hear Bankruptcy Case Involving Charge on Debtor’s Property
(DBN)

____________

Jurisdiction:

Bankruptcy Court Has Jurisdiction To Enter Final Judgment On Fraudulent Transfer Claims
(DBN)

____________

Bankruptcy Reform:

Bankers Fleecing the Poorest Among Us as Workers Receive Pre-paid Credit Cards Instead of Paychecks!
(DBN)

____________

Sanctions:

Small Sanctions May Be Big Answer to Deterring Repeated Frivolous Pleadings by Certain Creditors
(DBN)

____________

Recent Pleadings:

 

______________

Corporate Governance:

CO: Ruling gives LLCs more limited liability
(DBN)

____________

Tax:

IRS Official Contradicts Claims About Reviews
(DBN)

Tax havens hit back at G8 pressure
(DBN)

Swiss Lawmakers Reject Deal to End US Tax Spat
(DBN)

$57M Blixseth tax case to resume in July
(DBN)

Citigroup Is Desperately Trying To Find Ways To Pay More U.S. Taxes
(DBN)

____________

Golf:

Stroud Township buys defunct Evergreen Golf Course for $230000
(DBN)

____________

Accounting:

Judge Rejects Reliance Group's Claims of Improper Deloitte Accounting
(DBN)

____________

Newspapers:

Tribune files post- bankruptcy financial results
(DBN)

____________

Office Supplies:

National Envelope obtains $65 million in financing to avoid closing sites and laying off employees
(DBN)

National Envelope avoids layoffs for now, seeks buyer
(DBN)

____________

UK:

Bankrupt businessman who blasted solicitor to death with a sawn-off shotgun after losing legal battle found guilty of murder
(DBN)

UK's Co-op Bank agrees 1.5 bln stg "bail-in" rescue plan
(DBN)

David Rubin administrators line up buyer for Coventry City FC
(DBN)

Firms' growth attempts stumbling
(DBN)

UK charges ex-UBS trader Hayes in Libor investigation
(DBN)

Hearts: UBIG approach insolvency firm to become administrators
(DBN)

___________

EU:

Euro zone ministers to discuss bail-in rules in bank rescues
(DBN)

____________

PIIGS:

Spain's La Seda de Barcelona files for insolvency
(DBN)

Greece: Sell-off target will not be met
(DBN)

NAMA set to take €6m home of Priory Hall developer
(DBN)

____________

Canada:

Canada Is In Big Trouble
(DBN)

The typical bankrupt Canadian: A 43-year-old man owing $61,000, not counting a mortgage
(DBN)

Sou'West Fishery creditors to meet
(DBN)

____________

Germany:

German Investor Confidence Rises as Recovery Strengthens
(DBN)

____________

Austria:

Alpine bondholders are asked to support debt package
(DBN)

____________

France:

Court orders liquidation of Virgin Megastore France
(DBN)

____________

China:

China Super-Stimulated Its Economy ... And Now The Nightmare Is Beginning
(DBN)

____________

Serbia:

Poll : More than 50 percent of Serbian citizens are near bankruptcy
(DBN)

____________

 

 

 

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2013