March 21, 2013

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Jenner & Block
(DBN)

London firms should slash NQ salaries to £50,000, say recruiters
(DBN)

The Rates Are Too Damned High!
(DBN)

Down Year Could Push Chadbourne Into Second Hundred
(DBN)

Does the Two-Tier Strategy Still Work?
(DBN)

Big firm life - the Columbus way
(DBN)

Weil, Proskauer, S&C, Jones Day, Bingham: Business of Law
(DBN)

Freddie Mac Signs Dickstein Shapiro Team for LIBOR Suit
(DBN)

Stealth Lawyer: Ryan Steinman, SoulCycle Instructor
(DBN)

Finding Bliss in Virtual Lawyering
(DBN)

Ex-Law School 'Scam Blogger' Describes The Perfect Law School Candidate
(DBN)

Law Schools Hiding the Truth from Students
(DBN)

U of Texas regents OK external probe of law school funding
(DBN)

Which law schools have the highest acceptance rates? Cheap but lower-tier schools make the top 10
(DBN)

Why pursue a law degree after a successful career? Some desire ‘the road not taken’
(DBN)

Want business? Ask for referrals
(DBN)

A Cynic's Guide: How to Deal with Office Gossip
(DBN)

Survey Sees Rosy M&A Landscape
(DBN)

Ex-prosecutor guilty of law firm racketeering shouldn’t have tried his own case, juror says
(DBN)

Lawyer’s request for reprimand over her own Web comments nixed
(DBN)

Lawyer iPad stories
(DBN)

Trust but Verify: Court Filings
(DBN)

Google Keep Is The Opening Salvo Against Evernote
(DBN)

Attorney General Eric Holder reports for jury duty
(DBN)

Lawyer is caught by surprise when his client wears ‘killer’ T-shirt at murder sentencing
(DBN)

No Money, No Lawyers, No Problem
(DBN)

Missing lawyer faces multiple lawsuits
(DBN)

Colorado's Top Prison Official Was Shot Dead When He Answered His Front Door
(DBN)

Young Widow Faces Disinheritance, Labeled as Financial Abuser
(DBN)

SCOTUS: State Won't Get Disabled Girl's Settlement
(DBN)

UK: Equal pay in law: is there a light at the end of the tunnel?
(DBN)

Burned TV Fan Sues Dr. Oz Over Homespun Insomnia Recipe
(DBN)

Homeowner Shoots and Kills Teen Who Entered Wrong Home After Party
(DBN)

Drunk Man Tries to Get Into Stranger's Home, Resident Shoots Him in the Leg
(DBN)

Facebook Photo Of Child Holding Rifle Leads To Alleged Late Night Raid On New Jersey Home
(DBN)

Lindsay Lohan Plays Henry VI: First Thing I’ll Do Is Kill My Lawyer --- Lindsay Lohan Isn’t Very Nice To Her Lawyer At All
(DBN)

Saudi Arabia: Female law graduates speak out
(DBN)

India: Woman 'R---- by Husband and his Legal Team at Courthouse'
(DBN)

Say What?!
(DBN)

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Judges:

Scalia’s dissent: ‘For no good reason,’ courts are deferring to federal agency interpretations
(DBN)

Which two Supreme Court justices hired a personal trainer? --- Meet the Personal Trainer to Two Supreme Court Justices
(DBN)

Reverse Benchslap of the Day: Arizona Attorney General Predicts SCOTUS Smackdown of Ninth Circuit
(DBN)

$10 court-records access fee proposed
(DBN)

Judicial conference official warns of budget cuts' 'painful' effects on courts
(DBN)

Former Judge Probed For Long-Ago Action Seeks Ouster Reversal
(DBN)

Just Do What Justice Sonia Sotomayor Did
(DBN)

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Wall Street:

US Stock Futures Drop as German Manufacturing Shrinks
(DBN)

Markets Turn South As Euro Train Wreck Continues At Full Speed
(DBN)

Stocks Close Higher
(DBN)

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Layoffs:

Pennsylvania Is In The Middle Of A Huge Energy Boom, And Yet Its Unemployment Rate Is Getting Worse
(DBN)

Layoffs Watch ’13: Bank Of America
(DBN)

4,500 at Scott AFB Get Furlough Notices
(DBN)

Hundreds of PRACS Employees Out of Work
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

American Airlines asks to retain law firm in mechanics’ representation battle
(DBN)

Airline Profits to Top $10 Billion on Improving Sales Outlook
(DBN)

Airline CEOs assure senators merger will benefit consumers
(DBN)

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Alternative Energy:

Solar panel manufacturer Suntech declares bankruptcy --- Dark day for solar panel maker --- Suntech Won't Object After Banks Seek Solar Bankruptcy --- A Chinese solar giant goes bankrupt , and why that's a good thing
(DBN)

In Suntech's home, high hopes for a bailout
(DBN)

Investors could lose nearly $1.3 billion in Suntech collapse
(DBN)

JA Solar Says It's Prepared Money to Pay Bonds Due in May
(DBN)

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Gambling:

Station Casinos back on track post- bankruptcy , CFO says
(DBN)

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Lehman:

Lehman Australia CDO Insurance Settlement Approved
(DBN)

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Economy:

US Companies Stashing More Cash Abroad As Stockpiles Hit Record $1.45T
(DBN)

Senate Republicans Are Reluctant To Get Behind Paul Ryan's Budget
(DBN)

Global shares up as Cyprus fears ease
(DBN)

The Staggering Cost Of The Iraq War --- How The American People Were Sold The Iraq War --- The Waning of the War W----s
(DBN)

Alarming Truth About the New Retirement
(DBN)

Men Are Getting Poorer Because The Traditional Household Is Dying
(DBN)

Robert Shiller: Yes, It's Possible To Stimulate The Economy In A Debt-Friendly Way
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home builder Lennar slashes buyer-enticing incentives
(DBN)

Mortgage applications slide 7.1%
(DBN)

The Incredible Growing Home
(DBN)

Housing Starts Under the Microscope
(DBN)

Freddie and Fannie Trades Bet on Elizabeth Warren --- Fannie Mae, Freddie Mac stock up more than 20% --- 'Dump DeMarco' Housing Protestors Interrupt (and Get Evicted From)House Hearing
(DBN)

Freddie Mac Adorably Thought Banks Had Promised Not To Lie To It
(DBN)

AK developer Barber arrested in NYC; faces federal fraud charges
(DBN)

Warren Sapp's mansion has the fanciest waterslide we've ever seen
(DBN)

Rewrite of Partnership Tax Rules Could Shake Real Estate
(DBN)

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Fraud:

Madoff trustee loses bid to block $80 mln Fairfield settlement
(DBN)

TD Bank's role shrinks in Rothstein firm's bankruptcy
(DBN)

Christine Lagarde's flat raided by French police in investigation of payment to turnaround specialist
(DBN)

Fake Hedge Fund Manager Who Ripped Off Kim Kardashian’s Fake Husband Sentenced To A Few Years In Prison
(DBN)

'Rogue financier' Homm indicted in U.S. in $200 mln fraud
(DBN)

Justice Department probing banks' role in fraud by customers
(DBN)

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Brokers:

MF Global Trustee Wins More Cash For Customers With JPMorgan Settlement --- $546 million in MF Global funds freed after J.P. Morgan settlement
(DBN)

Peregrine Ruling May Mean Full Payment for Some Customers
(DBN)

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Electricity:

Creditors of troubled Energy Future sue for $725 mln
(DBN)

Aurelius Sues Energy Future Unit Directors Over Loans
(DBN)

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Municipalities:

Kevyn Orr: 'Everything is on the table' --- Detroit Manager Seeks Council's Help
(DBN)

Snyder aims to have Detroit on the right path within 18 months
(DBN)

Detroit Is So Broke It Can't Pay Lawyers To Prosecute All Of Its Criminals
(DBN)

Company balks at paying $3.5M for closed warehouse
(DBN)

Stockton: Judge rejects creditor witnesses
(DBN)

Jefferson County Appeals Court Sets Mandatory Talk Dates
(DBN)

Five ex-officials from Bell, California, convicted in corruption trial
(DBN)

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Celebs:

Former NBA Star Adrian Dantley Now Works As An Elementary School Crossing Guard
(DBN)

Lindsay Lohan Is Not Impressed In Her 7th Mug Shot
(DBN)

Steinberg ready to get back in business after beating booze
(DBN)

What's the Deal With Donald Trump?
(DBN)

Bankruptcy court trustee claims dibs on Yankees 2009 World Series ring sold by Alex Rodriguez’s cousin Yuri Sucart
(DBN)

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Agriculture:

Bankrupt northern Colorado organic farm prepares for auction
(DBN)

Grant Farms leases, trademarks auctioned --- High bidder for Grant farm backed organic grower before bankruptcy
(DBN)

______________

Defaults:

Corporate Default Rate Rises
(DBN)

______________

Mass Torts:

Ruling cracks open asbestos bankruptcy records
(DBN)

______________

Bankruptcy Crimes:

Federal jury convicts Vallejo woman of bankruptcy , mortgage fraud
(DBN)

______________

Financial Literacy:

The Trick To Raising Kids Who Can Handle Money Responsibly
(DBN)

______________

Retailing:

There Are At Least 9 Senior Executives At JCPenney Who Commute By Jet
(DBN)

Bondholders withdraw claim Penney was in default on bond terms
(DBN)

______________

Awards:

O'Keefe Announced As Winner at M&A Advisor Turnaround Awards
(DBN)

______________

Banking:

Sheila Bair and the FDIC's No Press Release Policy
(DBN)

FDIC begins to reveal settlements related to financial crisis
(DBN)

______________

Video Games:

Defunct 38 Studios tries to dismiss RI lawsuit
(DBN)

______________

Hollywood:

How Failed Studio Talks Left Rhythm & Hues Adrift
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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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Miscellaneous:

Bill on Bankruptcy: Why is Kodak's Stock Soaring?
(DBN)

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Safe Harbors:

Bankruptcy Update: Repos & Safe Harbor
(DBN)

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Plan Confirmation:

Fifth Circuit Upholds “Absurd” Cramdown Interest Rate
(DBN)

Beyond Dish Network: Further Developments in Designating the Votes of Claims Purchased in Bankruptcy
(DBN)

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Bankruptcy Compensation:

Reader’s Digest Omits ‘Insider’ Names From Pay List
(DBN)

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Subordination:

Appellate Court Rules Secured Creditors Can Switch Priorities Pursuant to a Subordination Agreement if the Subordinating Creditor's Security Interest Is Enforceable
(DBN)

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Sales:

Plaintiff Not a Bidder, Lacks Standing To Challenge Allegedly Fraudulent Auction
(DBN)

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Limitations:

Panel Finds Admission of Judgment Debt During Bankruptcy Case Restarts 20-Year Statute of Limitations
(DBN)

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UST:

USTP Issues Public Report of Debtor Audits for FY 2012 --- Budget Cuts: Audits Suspended (scroll down)
(DBN)

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TBTF:

Bear Stearns Imploded Five Years Ago This Week — Here's Where Everyone Went
(DBN)

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Litigation:

Multistage Adjudication
(DBN)

Bookmarking Briefs the Easy Way
(DBN)

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Health Care:

Trumbull judge releases $11M for health care services, education
(DBN)

Employees let go after research institute shuts down
(DBN)

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Autos:

U.S. judge weighs Old GM deal with hedge funds
(DBN)

The billion-dollar cloud lingering over GM's bankruptcy
(DBN)

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Magazines:

Frontiers Magazine Enters Chapter 11 to Restructure
(DBN)

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Food/Beverage:

Judge approves $800M sale of Hostess assets
(DBN)

New Hostess Owner Hopes to Lure Will Ferrell and Zach Galifianakis For Commercials
(DBN)

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Newspapers:

Judge Says Delays Action on Suburban Papers' Sale; No 'Free Pass'
(DBN)

'Business as usual' as Journal Register Co. sale postponed
(DBN)

______________

Sovereigns:

President Of Argentina Takes Convoluted Way To Rome So Her Plane Wouldn't Be Impounded By Hedge Fund Managers
(DBN)

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UK:

Stockbroker enters special administration
(DBN)

Britain lifts bank levy for sixth time in two years
(DBN)

Barclays GC pockets £3.6m bonus as retirement nears
(DBN)

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EU:

Europe sets Cyprus bailout deadline, banks face cutoff --- Germany: Cypriot banks are ' insolvent if there are no emergency funds' --- Merkel Signals Readiness for Cyprus Solution If Banks Contribute --- Cyprus Is No Longer a Little Problem for the Euro --- In Just A Few Days A Modern Economy Has Been Set Back 50 Years, And It May Never Be The Same Again --- Cyprus bankruptcy looms as leaders scramble to rescue economy --- Cyprus seeks Russian rescue, EU threatens cutoff --- All the Plan B's for Cyprus Look Dreadful --- Cyprus's Four Options to Avoid Banking Collapse --- Germany refuses to blink --- Cyprus Pilots an 'Exodus' Without Paul Newman --- Desperate for bailout, Cyprus plays risky geopolitical game --- As If Europe's Average Joes Needed More Reasons to Be Cynical --- Europe Plays I-Didn't-Do-It Blame Game on Cyprus Bank Tax --- About the Cyprus canary --- Cyprus Won't Set Precedent for EU Banks, Denmark's Rohde Says --- Cyprus is euro zone's very own Lehman moment --- Hedge Funds Bet on Cyprus Avoiding Default --- Cyprus needs to fill a $7.5 billion hole
(DBN)

Europe Is A Complete Horror Show, And Its Luck May Have Just Run Out
(DBN)

Failed Baltic Bank Risks Breaking Hearts 1,000 Miles Away
(DBN)

EU to Curb Banker Bonuses After Clinching Basel III Deal
(DBN)

_____________

PIIGS:

Cypriot "no" inspires Greeks to rail against austerity --- Cypriots Gives Samaras Ammo Against Troika --- Greece Backs Cyprus’ Bailout Rejection
(DBN)

Bankruptcies rise in Spain
(DBN)

ie: Insolvency rules balance fairness with mercy
(DBN)

______________

Germany:

German Flash PMI Plunges
(DBN)

______________

France:

French Flash PMI Comes In Horrible — Shocking Decline In Service Part Of The Economy
(DBN)

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