March 19, 2013

The Daily Bankruptcy News

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Law:

Citi Survey Shows Firm Leaders' Confidence Improving with Economy
(DBN)

U.S. top court looks for meaning in obscure bankruptcy term --- U.S. Supreme Court Hears Arguments in Case of Debtor’s Alleged Defalcation
(DBN)

Q&A: Al Togut on Dewey, Big Law and Chapter 11 reform
(DBN)

Do Managing Partners Need Mood Stabilizers?
(DBN)

Which Types of Partners are Losing Money?
(DBN)

Former Patton Boggs Employee Ends Retaliation Lawsuit
(DBN)

Cleary Gottlieb, Loeb & Loeb, Cozen: Business of Law
(DBN)

Irish Eyes Smiled on Several Large Firms That Played Crisis Roles
(DBN)

Defendants seeking to use frozen assets to pay lawyers win Supreme Court review
(DBN)

Am Law 100 Trio Reap Benefits of NFL Legal Work
(DBN)

Pro bono bankruptcy success story of Tim Pribisco
(DBN)

Pat Fitzgerald On Handling Prosecutors
(DBN)

Four lawyers face sanctions over p--- video 'legal shakedown'
(DBN)

Lawyers See Faster Track To In-House
(DBN)

There Are A Lot Of Ways To Help Make Men And Women Truly Equal
(DBN)

Court Backs Chevron Bid for Privileged Law Firm Discovery - "Probable Cause" That Judgment Was Fraudulent
(DBN)

Fun and Happiness in the Practice of Law
(DBN)

The Jodi Arias Trial Is Just Begging For a Lifetime Movie
(DBN)

Law professor fired after telling students 'get a gun, start a war'
(DBN)

Merit Scholarships: 69% of Students Retain Them, 47% of Law Schools Fail to Comply With ABA Disclosure Rules
(DBN)

Police Charge Ten In World's Most Expensive Car Crash
(DBN)

Rock star dreams come true for retired lawyer: ‘It’s been a wonderful ride’
(DBN)

23 Years Later, The FBI Is Still Trying To Solve The Largest Art Heist Of All Time
(DBN)

Miami Beach Ordered to Pay Man $100,000 After Falsely Arresting Him for Looking Poor
(DBN)

Will Lawyers Snatch Up Hurricane Domain Names to Develop Business?
(DBN)

A Colorblind Constitution: What Abigail Fisher's Affirmative Action Case Is Really About
(DBN)

"She Deserved It"?
(DBN)

Newtown gunman 'plotted massacre for years' --- Treated School As Video Game
(DBN)

Former prosecutor guilty of murder, racketeering in New Jersey --- ‘The Baddest Lawyer in the History of Jersey,’ Convicted at Last
(DBN)

645 oxycodone pills during body cavity search of woman
(DBN)

The greatest legal joke ever
(DBN)

Say What?!
(DBN)

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Judges:

Emory Law students present bankruptcy brief at US Supreme Court
(DBN)

Lake County Bar Association rates federal judges, magistrates
(DBN)

NC: Two judges needed for bankruptcy court
(DBN)

Breyer and Kennedy land on TMZ
(DBN)

Special Court of Review Affirms Public Reprimand of TX Judge, Rejects ADD Excuse
(DBN)

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Wall Street:

Stock futures signal slight losses
(DBN)

Stocks close down on Cyprus bailout news
(DBN)

Cyprus Bailout Tax Worries Fuel Sharp Drop In Global Stocks --- Mohamed El-Erian Says Cyprus not a Huge Issue for U.S Markets --- U.S. Stocks Open With Sharp Losses; Cyprus in Focus
(DBN)

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Layoffs:

BlackRock to Lay Off Nearly 300 Employees: Memo
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Alternative Energy:

One-Time China Solar Industry Icon Suntech Says It Has Defaulted On $541 Mln Of Debt
(DBN)

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Aviation:

US trustee queries severance offer for AMR chief
(DBN)

Air Vanuatu technically insolvent , says CEO
(DBN)

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Directories:

The Yellow Pages: Bankrupt but Not Gone
(DBN)

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Mass Torts:

Consolidating meningitis lawsuits would hurt victims of outbreak, lawyers say
(DBN)

Railroad withdraws motion asking asbestos attorneys to pay appeal fees; resolved out of court
(DBN)

BP Loses Bid to Dismiss Gross Negligence in Spill Trial
(DBN)

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Telecoms:

Herrick, Feinstein Represents Vivaro Corporation in Sale to Next Angel, LLC
(DBN)

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Publishing:

My Book Was A Bestseller On Amazon, And I Made … $12,000
(DBN)

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Awards:

Gray Plant Mooty Attorney Phillip W. Bohl Inducted Into The American College of Bankruptcy
(DBN)

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Treasure:

Investors Want to Sink Columbus Exploration Bankruptcy
(DBN)

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Golf:

Dover country club files for bankruptcy
(DBN)

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Gambling:

Bar Pulls Annual Meeting From Revel, Hires Counsel To Deal With Any Damages
(DBN)

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Debt Collection:

Direct Deposit and Social Security: Not so Nice for Those who Owe
(DBN)

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Economy:

Jan. jobless rates rose in 25 states, DC
(DBN)

BLS: No State had double digit unemployment in January 2013
(DBN)

The New Jobless US Manufacturing Boom
(DBN)

U.S. 10-Year Yields Drop Most in Three Weeks Amid Cyprus Turmoil
(DBN)

Fed to Remain Wall Street's Sugar Daddy
(DBN)

Most US Workers Not Prepared for Retirement
(DBN)

Elizabeth Warren: Minimum Wage Would Be $22 An Hour If It Had Kept Up With Productivity
(DBN)

Anti-Wealth Inequality Legislation Is Just A Matter Of Time
(DBN)

Liquidity of corporate US at record level
(DBN)

The Decline of Marriage and the Rise of Unwed Mothers
(DBN)

Detroit and Cyprus offer debt lessons for budget
(DBN)

LA area Port Traffic increases year-over-year in February
(DBN)

Ryan’s tax reforms cost more than all his spending cuts combined
(DBN)

Why Social Mobility In The United States Is A Total Myth
(DBN)

Chart: The Biggest Bank Bailouts In History In Terms Of Recipients' GDP
(DBN)

Global Demographics: Where the Babies Will Be Born
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Prommis Holdings Files for Bankruptcy Protection in Delaware
(DBN)

Home Construction Starts in U.S. Probably Climbed in February
(DBN)

Existing Home Inventory is up 6.0% year-to-date on March 18th
(DBN)

Citigroup agrees to pay $730 million to settle with investors
(DBN)

Supreme Court Rejects Goldman Sachs Appeal in Mortgage-Backed Securities Case
(DBN)

Homebuilder Confidence Falls To 44
(DBN)

Wall Street Money Drives Home Prices Up In Hot Markets
(DBN)

Why higher mortgage rates will help the housing market
(DBN)

More homeowners got back above water in fourth quarter: CoreLogic
(DBN)

BofA's Countrywide Must Face FHFA's Securities Fraud Claims
(DBN)

Fannie Sees a Way to Repay Billions
(DBN)

Builders Frustrated by Lack of Lots
(DBN)

9 state attorneys general want housing official DeMarco replaced
(DBN)

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Autos:

Under The Hood Of In Re Motors Liquidation
(DBN)

The Last Saabs up for Auction
(DBN)

EU Car Sales Fall Another 10.2% in February
(DBN)

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Coal:

UMWA chief blasts Patriot Coal bankruptcy move --- Wants agreement with Patriot
(DBN)

Changes to Patriot Coal's benefits at center of bankruptcy hearing
(DBN)

Patriot Coal, union spar in court over executive bonuses
(DBN)

United Mine Workers slams Patriot for legal expenses
(DBN)

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Celebs:

Trustee asks judge for permission to sell Casey Anthony's story --- The Motion
(DBN)

NFL Player Loses $8 Million, Gets Cut After Faxing In His Paperwork Six Minutes Late
(DBN)

Will lawyer’s Twitter message persuade Lindsay Lohan to let him represent her at Monday trial?
(DBN)

Bill O'Reilly's Divorce Gets Ugly
(DBN)

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Pensions:

Retirees Struggle To Retain Health Benefits
(DBN)

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Municipalities:

Detroit Emergency Manager Warns Unions That He Will Restructure Contracts Via Bankruptcy If Needed
(DBN)

Detroit Manager Says He Is Focused on Finances, Not Politics
(DBN)

Kevyn Orr: Detroit’s Emergency Manager Outlines His Plan to Save the City --- Getting used to an emergency manager --- Kevyn Orr pays on 2 liens: Snyder calls it an oversight --- Detroit Protesters Aim Slurs at Black Emergency Manager Saving City from Bankruptcy --- Detroit law firm to challenge appointment of Kevyn Orr and Michigan's new EM law
(DBN)

Half of Michigan's blacks under direct control of Rick Snyder, says Rachel Maddow
(DBN)

Here are Michigan's 'Emergencities'
(DBN)

Lawyer: Mediation in Central Falls failed
(DBN)

San Bernardino: Should bankrupt city just dissolve?
(DBN)

The Fastest-Growing Cities In The U.S.
(DBN)

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Fraud:

Objection filed to plan for defunct Rothstein firm
(DBN)

Boston couple charged with managing Ponzi scheme
(DBN)

Martoma may still have time to turn on Steven Cohen
(DBN)

SAC'S Plotkin Said to Have Been Tipped by Analyst --- Divided Views of SAC Capital Settlement
(DBN)

Two former CalPERS officials indicted
(DBN)

Omaha Ponzi schemer files for bankruptcy from prison
(DBN)

How To Know When Your Boss Or Company Is Hiding Something
(DBN)

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Banking:

Under Scrutiny, FDIC Posts (Some)Failed Bank Suit Settlements Online
(DBN)

Argentina Says Local HSBC Unit Aided Tax Evasion, Money Laundering
(DBN)

______________

Health Care:

Fiddlers Green to change hands following bankruptcy
(DBN)

Hospital creditors settle with auditor of bankrupt foundation
(DBN)

Bankrupt hospital chain selling to its creditors
(DBN)

______________

Corporate Reform:

Majority of states suing S&P say they're handling case in-house
(DBN)

U.S. Senate Banking Panel to Vote on Cordray as Deadlock Looms --- Republicans to Cordray: We Like You But We're Still Going to Kill You
(DBN)

______________

Hollywood:

Visual Effects Firms Miss Out On Films Financial Success
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (45 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (29 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:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Exemptions:

Debtor’s Mercedes Within Calif.’s ‘Wildcard’ Exemption; Avoid Lien as ‘Tool of Trade’
(DBN)

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Recent Pleadings:

Trustee Wants To Sell Worldwide Rights To Casey Anthony's Story
(DBN)

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Litigation:

Supreme Court to consider when assets can be frozen pre-trial
(DBN)

Google Glass Will Be Incredible For The Courtroom
(DBN)

Appeals court upholds almost $1 mln sanctions vs broker's wife
(DBN)

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Personal Injury:

Apportioning Fault: Bankruptcy Filings and Multi-Defendant Civil Proceedings
(DBN)

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Insurance:

Towers Watson Releases 2012 D&O Insurance Survey
(DBN)

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Hollywood:

What's going on with the troubled VFX industry?
(DBN)

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Religion:

Pat Robertson says bankrupt families should give him ‘just $20 a month’
(DBN)

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Fitness:

Allstar Fitness bankruptcy: Sale/’rejected contracts’ hearing Friday; member response deadline Wednesday
(DBN)

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Pharma:

Affymax may file for bankruptcy; cuts 75 percent of workforce
(DBN)

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Politics:

The GOP's Plan To Save Itself Involves Destroying Grassroots Conservatives
(DBN)

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Directories:

Amid bankruptcy , Dex One reports quarterly loss
(DBN)

Dex Media - Chapter 11 Brings Large Upside
(DBN)

______________

Retailing:

JCPenney's Senior Management Team Knows There's Only One Way Out Of This Mess --- The Turnaround Trap
(DBN)

Penney shares up as analyst floats sublet scheme
(DBN)

______________

UK:

DLA loses Scotland restructuring head in wake of Glasgow closure
(DBN)

HMRC spend on external debt collectors doubles in the last year
(DBN)

Barrister jailed after VAT fraud
(DBN)

Poll predicts cull of north-west law firms, 1 in 5
(DBN)

Record number of Irish avail of UK bankruptcy
(DBN)

Bankruptcy, ruin and broken promises: The forgotten victims of Croydon's London Road
(DBN)

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EU:

Cyprus: Is the Precedent Worth $7.25B? --- Cyprus Banks, Like Iceland's, Dwarf Economy as Clients Told to Pay --- Cyprus Postpones Debate on Deposit-Tax Proposal --- Report: President Of Cyprus Doesn't Have Backing To Push Through Controversial Bailout Deal --- Government is working on 'Plan B' as defeat looms --- The New 'Plan B' In Cyprus Doesn't Even Look That Different Than 'Plan A' --- Debt expert advises stretching Cypriot bonds, CDs for depositors --- Cyprus proposes levy exemption for deposits under €20000 --- Savings Account Seizure Plan Draws Fury in Cyprus --- How Russia Could Take Revenge Over Cyprus Deal --- A much better alternative for Cyprus --- How Europe Let Cyprus Get Into This Mess --- Behind the Cyprus Tax: Russian Deposits and a Suspicious EU --- In 1941, The Federal Reserve Wrote A Letter Explaining Why The Cyprus Bailout Was Such A Terrible Idea --- Global Wealthy Question Tax Havens After Cyprus --- How the Cyprus bank bailout would work --- Cyprus Has Little Room to Maneuver on Bank Deposit Levy --- Everything you need to know about the Cyprus bailout, in one FAQ --- The Rules For Getting Citizenship To Cyprus Make It Easy For Russian 'Black Money' To Flow To The EU --- Russia: decision on Cyprus tax taken without consulting Moscow --- Just In Case You Were Wondering: Here's Where Cyprus Is On A Map --- Goldman : Cyprus tax 'uncomfortable' in long term --- Cyprus bailout tax plan puts Europe on edge --- Winners and losers from 'astonishing' Cyprus deposit tax plan --- Cyprus Finds Exciting New Way To Make Everyone Miserable --- Euro Banks Tumble on Cyprus Bailout Fallout --- Cyprus Bank Tax Lit 'Two Sticks of Dynamite': El-Erian --- Gartman Warns Cyprus: One Does Not Steal Russian Mafia Money And Get Away With It --- Cyprus Doesn’t Belong in the Euro --- The Botching of the Cyprus Bailout: Worse Than Lehman Brothers --- From Lehman to Cyprus
(DBN)

IMF: EU stability remains at-risk amid need for capital, resolution authority
(DBN)

Euro undermined by concerns Cyprus woes may escalate
(DBN)

Bloomberg: The Cyprus Bailout Is The Worst Thing Europe Has Done In The Entire Crisis
(DBN)

Banks to repay nearly $9 billion to European Central Bank
(DBN)

______________

PIIGS:

Some legal issues on Spanish pre- insolvency debt restructurings --- Spain's Renta Corporacion says may file for insolvency
(DBN)

Irish Foreclosure Wave Risks Housing Recovery
(DBN)

______________

Canada:

Can Management be Replaced with a Court-Appointed Monitor? A New Brunswick Court (Surprisingly)Says No
(DBN)

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MENA:

Egypt says IMF talks didn't agree anything specific
(DBN)

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South Korea:

No. of Korean Firms that Went Bankrupt at 23-yr. Low in Feb.
(DBN)

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Iceland:

Iceland’s Lost Billionaires Unmourned as Riches Draw Ire
(DBN)

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