June 21, 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:

Job Prospects For Entry-Level Lawyers Are Looking Terrible --- 18-year low for law grad employment --- NALP: Law Grads' Jobs Rate Falls for Fifth Straight Year --- Entry-Level Employment Falls Again, And It’s Possible That Law Schools Honestly Have No Clue What To Do About It
(DBN)

Only 64% of law grads land jobs requiring bar passage, even as BigLaw jobs rise 27% in two years
(DBN)

Where the Jobs Are Hot (and Not)
(DBN)

On Becoming a Lawyer
(DBN)

Judge Approves $17 Million in Fees for Dewey Advisers
(DBN)

As Spring Fades, a Fresh Law Firm Lawsuit-Palooza
(DBN)

Thompson & Knight Expands Bankruptcy Trial Practice in New York
(DBN)

Ex-Miss America, Harvard-educated lawyer, called 'street walker' by GOP chair
(DBN)

Morrison & Foerster, White & Case: Business of Law
(DBN)

ACC hails virtual law firm Axiom among its ‘value champions’
(DBN)

Lawyerly Lairs: A Professorial Palace Sells For Many Millions
(DBN)

Husch Your Mouth: Managing Partner Talks Trash About A Rival Firm And A Former Colleague
(DBN)

Willkie Helps Guarantee Zimmer's Men's Wearhouse Ouster
(DBN)

Rich People Love iPhones
(DBN)

Fla. lawyer who disappeared turns himself in; feds say up to $8M in client funds is missing
(DBN)

Edward Snowden's Flight To Hong Kong Is Looking Smarter And Smarter
(DBN)

‘Too darn bad’? SCOTUS enforces contracts barring class arbitration, despite high litigation cost
(DBN)

Latest issue in big-bucks Michael Jackson death case: Did one lawyer give another the finger?
(DBN)

Mechanic is accused of trying to make X-ray weapon to kill Muslims; KKK turned him in
(DBN)

Why One of America’s Most Powerful Lawyers is a Twitter Freak
(DBN)

Lurid Lawsuit Against Texas Doctor
(DBN)

Need a lawyer? Places of worship are ready to help
(DBN)

Rampaging lawyer arrested for trashing Las Vegas hotel suite - modern day Moses
(DBN)

______________

Judges:

Supreme Court begins releasing term's final decisions --- High Court Hits Homestretch With Big Cases Still on Deck
(DBN)

Suspended judge accused of hindering suspect’s arrest pleads not guilty
(DBN)

Top court removes judge from bench for lying under oath
(DBN)

The Supreme Court Provides Aid To Disaffected Teenagers And Groups Working With Prostitutes
(DBN)

No Fisher Opinion? Blame the Supreme Court’s Astrologer!
(DBN)

______________

Wall Street:

Stock futures up; selloff may be overdone for now
(DBN)

Wall St. plunges, S&P posts biggest drop since Nov 2011
(DBN)

Market meltdown: Dow off 354 points
(DBN)

______________

Layoffs:

First-time jobless claims rise
(DBN)

NY: State's unemployment rate falls to lowest level in more than four years
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Autos:

Spyker Will Appeal Judge's Dismissal of the $3B Lawsuit Against GM
(DBN)

Why Elon Musk Is The New Steve Jobs
(DBN)

____________

Gambling:

Atlantic City's Revel checks its attitude, admits it's a casino
(DBN)

Atlantic City casino to refund slot losses
(DBN)

Increasingly Desperate Revel Has Changed Its Name
(DBN)

____________

Treasure:

Judge Orders Receiver for Treasure Hunter's Companies
(DBN)

____________

Economy:

Fed Shakes Up Global Markets as US Interest Rates Rise
(DBN)

The US Recovery in Hard Numbers
(DBN)

US Treasuries Set for Biggest Weekly Yield Rise in 15 Months
(DBN)

Bernanke Clarifies Fed's Moves and Markets Freak --- Bernanke to Markets: Chill Out
(DBN)

Fed President Bullard: Ben Bernanke Should Not Have Talked About The 'Taper' Timeline
(DBN)

U.S. May Leading Indicators Rose 0.1%
(DBN)

Decline and fall: how American society unravelled
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Sales of Existing US Homes Rise More Than Forecast
(DBN)

Mega banks fail portions of mortgage settlement
(DBN)

Home mortgage rates rise slightly
(DBN)

Chicago home sales up 29 percent in May
(DBN)

‘Landlords from hell’ get 4 years in felony plea, fake email went to lawyers on both sides
(DBN)

___________

Banks:

Top banks named in ex-trader Hayes' Libor charges
(DBN)

____________

Municipalities:

Detroit emergency manager launches pension corruption probe
(DBN)

How Chapter 9 bankruptcy could affect Detroit pensions, health care
(DBN)

Unions Rather See Detroit Go Bankrupt Than Accept Real World Benefit Concessions
(DBN)

The city's default spells pain for creditors, employees and residents
(DBN)

Kevyn Orr orders probe of worker benefits; Unions vow court fight in plan to freeze pensions
(DBN)

Detroit's bankruptcy threat turbo-charging progress
(DBN)

Hard days ahead for Detroit retirees --- Detroit Manager Outlines Pension-Cut Plans for Municipal Workers --- How a Chapter 9 bankruptcy could affect Detroit pensions, health care
(DBN)

What do the woes of Detroit mean for muni bonds?
(DBN)

Fiddling for Hoffa while Detroit burns
(DBN)

As Detroit Goes, So Goes The Future Of Other Municipal Union Pensions?
(DBN)

Gone Are the Days When Municipal Bonds Were Safe
(DBN)

Relax, Bondholders, Illinois Won't Default
(DBN)

Municipal Bond Market Rocked As Interest Rates Spike
(DBN)

Young, Broke, And Single People Should Move To Des Moines, Iowa
(DBN)

These Manhattan Prices Will Shock The Rest Of America
(DBN)

____________

Fraud:

Madoff victims can't sue banks for lost assets, court rules
(DBN)

Circuit: Picard Lacks Standing to Sue Banks for Aiding Fraud
(DBN)

Enron’s Skilling to Exit Prison Early If Deal Approved
(DBN)

Virginia Lawyer Gets 15 Years for SBA Loan Fraud
(DBN)

____________

Health Care:

Missouri AG files lawsuit against defunct medical spa
(DBN)

____________

Banking:

FDIC Sues Bank Directors for $10 Million
(DBN)

____________

Telecom:

Shareholders accuse KIT Digital of data-blocking buyers
(DBN)

____________

Shipping:

TMT files for Chapter 11
(DBN)

STX Pan Ocean Files Chapter 15 Bankruptcy in New York
(DBN)

____________

Photography:

Kodak Reaches Exit Financing Package Agreement
(DBN)

Court approves Kodak's settlement with UK pension plan
(DBN)

____________

Aviation:

GAO: Airline Merger Reduces Competition
(DBN)

Pinnacle Emerges from Bankruptcy , Now Owned by Delta
(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 (40 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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)

______________

Plan Confirmation:

Absolute Priority Absolutely Applies . . . In This Case
(DBN)

____________

Miscellaneous:

The Bankruptcy Files: Autos, Fat Lasers, and Retailers
(DBN)

____________

TBTF:

U.S. Weighs Doubling Leverage Standard for Biggest Banks
(DBN)

____________

Celebs:

Who’s Bad? The Michael Jackson Attorney Who Allegedly Flipped His Adversary the Bird
(DBN)

Newton estate deal to get bankruptcy judge review
(DBN)

Lenny Dykstra Released From Prison
(DBN)

The Craziest Quotes From The Paula Deen Deposition
(DBN)

____________

Personal Finance:

How To Use Math To Crush Your Friends At Monopoly Like You've Never Done Before
(DBN)

____________

Corporate Reform:

Consumer Data Collection Needed by Agency, Cordray Says
(DBN)

____________

Sovereigns:

Argentina Blasts Elliott Over Iran Criticism
(DBN)

Vulture Capitalists Battle Argentina Over Decade-Old Debt Default
(DBN)

____________

Tax:

1959 IRS rule is at the center of Tea Party scandal
(DBN)

____________

Hollywood:

Hollywood Goes Bankrupt
(DBN)

____________

Hotels:

Blackstone, BofA, Citi Settle Extended Stay Buyout Cases
(DBN)

____________

UK:

Two debt management firms shut down after making millions from hard-up people
(DBN)

Collapse of Dwell could be Duff's job
(DBN)

Bankrupt businessman faces jail after demolishing his £500,000 home with a DIGGER
(DBN)

____________

EU:

Eurozone consumer confidence and business figures improve
(DBN)

Corporate Credit-Default Swap Indexes Rise in Europe
(DBN)

____________

PIIGS:

Greece Is Getting Clobbered
(DBN)

____________

Austria:

Builder Porr delays bond after Alpine insolvency
(DBN)

____________

Brazil:

Gigantic Protest In Rio De Janeiro
(DBN)

Brazilian President Calls Emergency Cabinet Meeting After Night Of Protests All Around The Country
(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