June 5, 2013

The Daily Bankruptcy News

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Law:

NY Law Journal: 2013 Rising Stars
(DBN)

Cozen O’Connor Opens Minneapolis Office with the Addition of Bankruptcy Attorneys
(DBN)

Vorys Houston Office Adds New bankruptcy Partner
(DBN)

The Absolute Worst Places In America For Law School Graduates
(DBN)

Top Law Firm Fires Summer Associate After Learning Of His Criminal Past
(DBN)

Clifford Chance Joins Linklaters in Raising London Lawyers’ Pay
(DBN)

Ashurst sets out new pay rates as 2PQE associates get £3,000 rise
(DBN)

Was former Morgan Lewis partner a patent troll targeting a law firm client?
(DBN)

Vacation Time (Part 2) – Flying Solo
(DBN)

Awareness Is the Key to Avoiding Firm Failures
(DBN)

Are You Too Fat To Get A J.D.?
(DBN)

Male Breadwinners Have Happier Marriages
(DBN)

Q&A: Jay Goffman on Russian billionaires and drive-thru Chapter 11
(DBN)

Corporate-Centric Firms
(DBN)

A Quick Update on Law Clerk Hiring
(DBN)

Summer Associates: Fewer Perks But More Experience
(DBN)

Suit claims law profs were fired after opposing proposals to discourage student transfers
(DBN)

The Law Schools With the Highest — and Lowest — Median LSAT Scores
(DBN)

When Criminal Procedure Meets an Acid Flashback
(DBN)

Will LSAC Ever Stop Killing Trees?
(DBN)

8 Great Apps For Managing Your Finances
(DBN)

Fired worker and husband take plea in law firm computer hacking case
(DBN)

Amanda Bynes Offers Expert Legal Insights
(DBN)

DEA: Soccer Mom Ran Massive Pot Grow Operation
(DBN)

Federal Regulators Don’t Even Know How To Blow Their Noses
(DBN)

Cops Say BMW Driver, 72, Intentionally Ran Over Mother Duck And Her Ducklings As They Crossed Road
(DBN)

'Price is Right' exposes fraud when claimant spins the big wheel
(DBN)

A Michigan Couple Is Fighting To Keep Their Beloved Pet Deer
(DBN)

India Leaders Face Rape Crisis . . . By Banning Lingerie Mannequins
(DBN)

Mug Shots
(DBN)

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Judges:

Judge's Possible Senility Didn't Taint Sentencing
(DBN)

Threatening to strangle a PD leads to ethics charges against judge; did stroke affect his ‘filter’?
(DBN)

Threat of ADA suit spurs officials to plan immediate renovation of courthouse elevators
(DBN)

Courtroom Audio Raising Privilege Concerns
(DBN)

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Wall Street:

Stock futures fall as Japan stocks plunge
(DBN)

Asian Stocks Fall On Fed Uncertainty, Growth Worries
(DBN)

U.S. Stocks Fall as Investors Weigh Stimulus Cuts Timing
(DBN)

Dow's record Tuesday streak comes to an end
(DBN)

Gleacher to exit investment banking business --- Gleacher Hires an Advisor, a New CEO, and a Chief Restructuring Officer --- Gleacher Investment Bank Sacked Its Entire 2013 Intern Class Two Days Before Their Start Date
(DBN)

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Layoffs:

Game over for 520 Zynga workers
(DBN)

Hiring Data Shows More Temp and Contract Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Currency:

The Feds Seized Another Bitcoin Site
(DBN)

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Municipalities:

Reuters Review Crushes Meredith Whitney's New Book On State Economies
(DBN)

Jefferson County Reaches Deal With Creditors in Bankruptcy --- County approves deal to end largest government bankruptcy in U.S. history
(DBN)

Bankruptcy deal poses new risks for Jefferson County and Wall Street, analysts say
(DBN)

Jefferson County bankruptcy: A timeline from beginning to end
(DBN)

JPMorgan’s Alabama Debacle Set to Cost Bank $1.5 Billion
(DBN)

Detroit's Last-Ditch Talks on Cutting Debt May Extend for Months
(DBN)

In Bankruptcy , Detroit Could Sell Off Its Art Collection
(DBN)

Alternatives to DIA Fire Sale Include Selling the Detroit Zoo’s Star Giraffe
(DBN)

“Breach of Trust”: AAMD President Timothy Rub’s Eloquent Letter to Michigan’s Governor Defends Detroit Institute’s Collection
(DBN)

When giraffes outrank bondholders
(DBN)

State Senate approves bill to protect DIA artwork
(DBN)

Is Detroit near bankruptcy after years of exodus, neglect, corruption?
(DBN)

Looking ahead to Detroit's long-term future
(DBN)

Urgent? More Like Emergency in Hamtramck.
(DBN)

Pontiac, Flint retirees head to federal court to unravel emergency manager decisions
(DBN)

San Bernardino finance official alleges 'crimes' -court filing
(DBN)

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Coal:

Hundreds of miners protest Patriot bankruptcy
(DBN)

Union President, 13 Others Arrested at Henderson Rally
(DBN)

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Economy:

Widening US trade gap offers mixed signals on economy
(DBN)

IMF'S Lagarde says US facing self-inflicted wound on economy
(DBN)

Global economy may be in 'softer patch': Lagarde
(DBN)

PIMCO's Gross says QE measures stunting business growth --- Gross Skewers Bernanke : You ' re Part of the Problem
(DBN)

Men In America Aren't Keeping Up With The Economy
(DBN)

Some Markets Showing Addiction to Cheap Money, Fed's George Warns
(DBN)

Sequestration Cuts Felt Nationwide --- Rumors confirmed of long lines at U.S. Customs entry
(DBN)

Fed's George backs tapering asset purchases
(DBN)

Dear Gen X: It's Not Your Fault You Suck At Saving
(DBN)

11 More Incredible Maps From The Most Addictive Site On The Web
(DBN)

Recession Ended 4 Years Ago: Where We Are
(DBN)

CFO Optimism: Growing Strong
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

What Comes After Stay Relief: The Disappearing Deficiency Claim (Round 2)
(DBN)

US home prices post 12.1% gain in April
(DBN)

Behind the Rise in House Prices, Wall Street Buyers
(DBN)

Lawler: Single Family Homes Built/Sold in 2012: “Back to Bigger,” But on Very Low Volumes
(DBN)

Existing Home Inventory is up 15.2% year-to-date on June 4th
(DBN)

End Coming for Fannie Mae, Freddie Mac
(DBN)

HSBC sued by New York over foreclosure abuses
(DBN)

Lawyer accused of bilking real estate investors through false claims of criminal probes takes plea
(DBN)

Watch A Dead Housing Development Come Back To Life
(DBN)

Home prices reach higher ground
(DBN)

Ron Hertel files for bankruptcy
(DBN)

Triad Guaranty files for Chapter 11 bankruptcy
(DBN)

BlackRock Group Chose BofA Accord Over Countrywide Collapse
(DBN)

Spanish Peaks auction draws $26.1 million winning bid
(DBN)

Commercial, multifamily delinquency rates dive for the most part
(DBN)

MBS trustees not subject to Trust Indenture Act
(DBN)

Ruling Muddies Waters in MBS Trustee Class Actions
(DBN)

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Tax:

Victims of IRS abuse testify as new agency scandal emerges
(DBN)

IRS Enjoyed Luxury Rooms at Conference
(DBN)

Republicans See Biased IRS as Democrats Cite Mistakes
(DBN)

Jon Stewart Gleefully Audits The IRS: 'Where Are Your Receipts?!'
(DBN)

Sweetheart Deferred Prosecution Deals for Swiss Banks in the Works
(DBN)

Swiss lawyers brace for US tax investigations
(DBN)

____________

Aviation:

AMR can send restructuring plan to creditors for a vote: judge --- Creditors to begin voting on plan of reorganization
(DBN)

Dispute Over American Airlines CEO’s $20 Million Severance May Be Coming In For A ‎Landing --- Bankruptcy judge removes obstacle to American-US Airways merger
(DBN)

We have questions about the US Airways-American Airlines merger
(DBN)

United wants you to pay $499 a year for extra legroom
(DBN)

Here's What Happens When A Plane Hits Wild Turbulence During Mealtime
(DBN)

Entire School Thrown Off AirTrans Flight
(DBN)

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Health Care:

Trustee seeks MPH dismissal
(DBN)

Obamacare rate shock calculation
(DBN)

Cancer Patients Often Shy Away From Talking About Costs
(DBN)

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Tech:

Conexant Wins Approval of Plan Swapping Soros Debt for Stock
(DBN)

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Vacuums:

Tom Oreck responds to company bankruptcy
(DBN)

____________

Autos:

Some rejected Chrysler dealers turn to used cars
(DBN)

Bob Lutz's New Book Slams GM's Wagner
(DBN)

S&P Gives GM's Stock a Boost
(DBN)

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Telecoms:

LightSquared files deal with Jeffreys to exit bankruptcy
(DBN)

____________

Brokers:

MF Global ends bankruptcy as trustee Freeh steps down
(DBN)

Convicted Futures CEO’s Former HQ Sells for $3M
(DBN)

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Boating:

Sealine Yachts America creditors seek Chapter 7 liquidation
(DBN)

____________

Pallets:

IGPS Agrees to Sale to Funds in Bankruptcy Filing
(DBN)

____________

Hotels:

As Halsey Minor files for personal bankruptcy, former Landmark creditors get long-awaited payout
(DBN)

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Education:

For-Profit College Chain Can't Shake Lawsuit
(DBN)

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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 (13 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)

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Bankruptcy Statistics:

Hawaii bankruptcies decline by 5.5% in May
(DBN)

Rochester: Region's bankruptcy filings decline in May
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

ABI Commission To Study The Reform Of Chapter 11
(DBN)

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Eligibility:

DOMA Could Stand In Way Of Fort Myers Couple's Bankruptcy Claim
(DBN)

____________

Recharacterization:

Score One for Federalism – State Law, Recharacterization, and Fraudulent Conveyances in the Ninth Circuit
(DBN)

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Professional Employment:

Meaningful Disclosure Under Rule 2014
(DBN)

____________

TBTF:

US proposes labeling some nonbanks threats
(DBN)

Too big to fail tag good for AIG, Pru shareholders, not so much for customers
(DBN)

GE Capital Tagged as 'Systemically Important'
(DBN)

____________

Video Games:

Lawsuit over Schilling company back in court in RI
(DBN)

RI lawmakers still mulling 38 Studios bond default --- RI GOP Chair: Default on 38 Studios bonds --- Senate Republicans: 'RI is not responsible' for Studio 38 debt
(DBN)

Money trickles in from 38 Studios game sales
(DBN)

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Litigation:

Is the Tech Revolution Here Already?
(DBN)

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Corporate Reform:

White-Collar Criminals 'Outgunning' Law Enforcement
(DBN)

____________

Metals:

Sale of Ormet approved
(DBN)

____________

Celebs:

Sly Stone's Dodgy Deals & Money Problems Explored in Court Case
(DBN)

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Retailing:

Supermarkets beware: Amazon is coming
(DBN)

___________

Ratings Agencies:

S&P: Obviously No One Thought Our Ratings Were Objective Or Unbiased Or, For That Matter, True
(DBN)

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Student Debt:

Mortgaged Diplomas
(DBN)

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Shipping:

STX Pan Ocean Says Court Receivership Request Hinges on Creditor
(DBN)

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Corporate Governance:

Key Corporate and Commercial Delaware Decisions for First Five Months of 2013
(DBN)

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Resorts:

Montana resort in bankruptcy purchased
(DBN)

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Orchestras:

Nashville Symphony revenue drops 50 percent, losses mount in 2012
(DBN)

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UK:

Consumers benefit and business to save over £30m per year from insolvency reforms
(DBN)

Hearts appeal for calm in administration storm
(DBN)

Ed Balls is as mesmerized by the bankers as George Osborne
(DBN)

UK Services Growth Quickens to Fastest in 13 Months
(DBN)

UK IT insolvencies rise
(DBN)

____________

PIIGS:

Shatter in talks over 'specialist' insolvency judges --- US judge grants order in Sean Dunne bankruptcy case --- Much at stake in Dunne's US bankruptcy case --- Been there, Dunne that
(DBN)

Spanish Blanco Group files voluntary bankruptcy
(DBN)

____________

France:

IMF calls for French economy reforms
(DBN)

____________

MENA:

World Bank Supports Strengthening of Kuwait’s Insolvency and Creditor/Debtor Regime
(DBN)

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