March 28, 2013

The Daily Bankruptcy News

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Law:

Dewey's former London landlord Prudential issues $10.3m claim
(DBN)

Restructuring partner Scott Greenberg joins Jones Day in New York
(DBN)

Stealth Lawyer: Lou Mongello, Disney Expert & Historian
(DBN)

Patton Boggs, Gibson, Susman Godfrey: Business of Law
(DBN)

The Rates Are Too Damned High!
(DBN)

Baker Botts secures $5.2 mln in drawn-out Asarco fee fight
(DBN)

Running Susskind in reverse
(DBN)

Execution is the New Strategy
(DBN)

Blackstone’s Cohen Must Answer Queries in McCourt Divorce
(DBN)

ATL March Madness: The Law Firm With the Brightest Future — Round 2
(DBN)

Which Law Schools Employed the Most Graduates as Real Lawyers Versus Real Baristas?
(DBN)

Law Students Show Themselves As The Smartest People Out On First Street
(DBN)

Former bankruptcy lawyer who wrote ‘Dork Diaries’ was once advised to avoid a writing career
(DBN)

No Bias in Firing of Former 63 Year Old Female Partner, Ropes Claims
(DBN)

The Mobile Lawyer
(DBN)

Reality bytes: New ABA rules require you to get with tech program—like it or not
(DBN)

Lax data security can cost you clients
(DBN)

Virtual law firm plans to multiply like magic
(DBN)

Leon Jaworski’s name is the first to go as his firm grows
(DBN)

The Incredible Rise Of Women In The Workplace
(DBN)

Libel claim fails because in-house lawyer’s letter was opinion, judge rules
(DBN)

Yale law librarian debunks ‘the whole 9 yards’
(DBN)

Reprimand Is Not Enough When Lawyer Uses Private Info to Counter Client’s Barbs
(DBN)

As trial looms for ex-DA accused in RICO enterprise case, feds make new accusations
(DBN)

COPS: Doctor may have killed 300
(DBN)

Who really killed bin Laden?
(DBN)

FBI Pursuing Real-Time Email Spying Powers
(DBN)

Unlikely allies join in a push to require warrants for access to digital communications
(DBN)

Man stranded on Disney’s ‘It’s a Small World’ ride wins pain and suffering damages
(DBN)

‘Monsignor Meth’ To Plead Guilty
(DBN)

Say What?!
(DBN)

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Judges:

Supreme Court DOMA Arguments: Kennedy Questions Obama
(DBN)

Still Cautious, Supreme Court May Overturn Federal Marriage Law
(DBN)

Supreme Ideals on Procreation: Just Say No to Gray Marriage!
(DBN)

Sorry, Justice Scalia: There’s no evidence that gay parents aren’t great parents
(DBN)

The eight exchanges you should read from gay marriage arguments
(DBN)

From Dumbledore to Nutella, gay marriage signs play for laughs
(DBN)

Creeping Privatization of Justice
(DBN)

What judges really think about the phrase ‘May it please the Court?’
(DBN)

A Prisoner Who Filed A Handwritten Brief Just Won His Supreme Court Battle
(DBN)

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Wall Street:

Stock futures signal flat to lower open
(DBN)

U.S. Stocks Close Lower
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Stockton Creditors Say It Didn't Try to Avoid Bankruptcy
(DBN)

Ruling on Stockton bankruptcy eligibility seen Monday
(DBN)

Stockton's case may prove to be a model for other struggling cities
(DBN)

CalPERS isn't a white knight in Stockton's bankruptcy
(DBN)

Detroit Emergency Manager Says He'll Haggle With Bondholders
(DBN)

Newark Considers Curfews, Armed Guards For All Businesses
(DBN)

The 10 Happiest And Healthiest Cities In America
(DBN)

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Basketball:

Bob Cook's 7% share of Kings held in bankruptcy court being sold to Chris Hansen for $15.1 million
(DBN)

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Lehman:

Lehman to Pay Creditors, Affiliates $14.2 Billion on April 4
(DBN)

Lehman Settles Disputes Over Claims With Swiss Affiliate
(DBN)

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Economy:

‘Trickle-down consumption’: How rising inequality can leave everyone worse off
(DBN)

$1 Trillion in New Taxes from Health Reform is Coming
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Banks Face Setback as FHFA Bans Force-Placed Commissions
(DBN)

Shiller: 'We're Living In A Totally Artificial Real Estate Economy'
(DBN)

Foreclosure attorney wins prize for uncovering ‘robosigning’
(DBN)

Analysts: Price appreciation is here for the long haul
(DBN)

OCC: Number of loans in foreclosure reaches a three-year low
(DBN)

Not enough homes: Sales down on low inventory --- Single Family REO inventories down 23.4% in 2012
(DBN)

Pending Home Sales index declines in February
(DBN)

Short sales are growing longer
(DBN)

MBA: Mortgage Applications increase in latest survey
(DBN)

Gundlach: The Southern California Housing Market Hasn't Been This Crazy Since The '80s
(DBN)

Fannie/Freddie to Homeowners: Do Nothing and Help Will Arrive
(DBN)

Pending Home Sales Index Falls 0.4%, Missing Expectations
(DBN)

Some US Housing Markets Have Seen Hundreds Of Homes Sell Within Hours Of Their Debut
(DBN)

Fannie Mae, Freddie Mac ward off megabucks transfer tax claims
(DBN)

The Luxury Real Estate Market In Downtown Manhattan Is Booming
(DBN)

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Aviation:

A Strange Tale: How Muni Bonds Will Become Shares Of The Largest Airline
(DBN)

Judge indicates support for American-US Airways deal
(DBN)

Judge questions American Airlines’ request for approval of $20 million in CEO compensation --- AMR, US Airways Merger Hits Hurdle in Court on Horton Pay --- AMR Bonuses Draw Flack; Merger With US Air Doesn't --- Horton payout debated at AMR bankruptcy hearing --- AMR merger approved, but $20M CEO severance/bonus on hold --- Tom Horton's Severance is Probably in the Golden Parachute Bag if the Court Applies the Business Judgment Rule Rather Than Section 503(c)of the Bankruptcy Code
(DBN)

AMR Corp. and the UCC file additional responses to U.S. Trustee objections on eve of hearing
(DBN)

On Verge Of Bankruptcy, Kingfisher Airlines Loses Airplanes
(DBN)

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Health Care:

Drama Unfolds In San Diego Hospice Bankruptcy
(DBN)

______________

Retailing:

Hey Walmart, It's Hard to Make Sales When Store Shelves Are Empty
(DBN)

Wal-Mart may get customers to deliver packages to online buyers
(DBN)

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Gambling:

Revel would have closed without emergency money
(DBN)

______________

Hollywood:

Before troubled $20 million grant, Digital Domain had lots of help from Tallahassee
(DBN)

Warner Bros. Disputes That Its VFX Work Is Assumed in Rhythm & Hues Sale
(DBN)

______________

Coal:

UMWA bringing thousands to protest Patriot bankruptcy plan --- Plans huge Patriot rally in W.Va. on Monday
(DBN)

Murray objects to bankruptcy
(DBN)

______________

Autos:

German union bosses approve Opel deal despite split
(DBN)

______________

Awards:

AlixPartners' John Dischner Named to Turnaround & Workout's 'People to Watch' List
(DBN)

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Derivatives:

Derivatives May Again be Biggest Risk for Global Economy
(DBN)

______________

Compensation:

AIG sets compensation clawback policy for executive wrongdoing
(DBN)

EU Governments Approve Banker Pay Curbs as U.K. Objects
(DBN)

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Food/Beverage:

Police restrain crowd from taking food after supermarket evicted - Food thrown out instead
(DBN)

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Tax:

What The IRS Doesn't Want You To Know
(DBN)

U.S. asks Liechtenstein for data in tax evasion probe
(DBN)

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Banking:

Survey: Americans say FDIC deposit insurance too high at $250,000
(DBN)

FDIC Sues New Century Bank Officers for $33 Million
(DBN)

Judge rules JPMorgan must face lawsuit over investments in Lehman
(DBN)

Bank Credit Risk Rises for 10th Day in Longest Streak Since 2011
(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 (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

Going for Broke: U.S. Bankruptcy Filings [Infographic]
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

Bill on Bankruptcy: Freud, Marx Brothers, Madoff
(DBN)

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Plan Confirmation:

Partial Dirt-for-Debt Plans: No Cushion? No Confirmation
(DBN)

______________

Litigation:

Predictive coding is on the rise in courts
(DBN)

______________

Alternative Energy:

Sunset for Suntech
(DBN)

______________

Fraud:

Ex-Nixon Peabody Partner's Co-Defendant Gets 10-Year Term in Ponzi Scheme
(DBN)

Madoff Fraud and JP Morgan Chase's Actions
(DBN)

______________

Retailing:

JCPenney Exec Delivers Candid Assessment Of The Company's Turnaround Strategy
(DBN)

______________

Personal Finance:

Couple Explains What It Took To Pay Off $160,000 Of Debt During A Recession
(DBN)

9 Mistakes That Kill Your Credit
(DBN)

Groups Of Adults Turn To Cooperative Households To Save Money
(DBN)

______________

Printing:

Champion Industries defaults on debt
(DBN)

______________

Celebs:

Why Dionne Warwick Might Get Out of Paying $10M to the IRS
(DBN)

______________

Health Care:

Chapter 9 Bankruptcy Hits Hardeman County Hospital in Texas
(DBN)

Layoffs coming to Pleasant Valley Hospital
(DBN)

Study: Health Care Overhaul to Raise Cost of Claims 32%
(DBN)

How Fortune 500 companies plan to cut health costs: Act like Medicare
(DBN)

Electronic Health Records: Doctors Want to Keep Patients Out
(DBN)

______________

Television:

Rochelle Park-based Arab TV company files for bankruptcy
(DBN)

______________

Corporate Reform:

JPMorgan Chase Faces Full-Court Press of Federal Investigations
(DBN)

______________

UK:

Bubbles and bankruptcy: a British history
(DBN)

BOE Says U.K. Banks Have Capital Shortfall of $38 Billion
(DBN)

Amendments to the European Insolvency Regulation: How Would "Opting In" Affect the UK Finance Market?
(DBN)

Insolvency tax dodgers face five-year scrutiny by HMRC
(DBN)

Thiam’s $35.5 Billion Secret Deal Ignites U.K. Regulator’s Wrath
(DBN)

______________

EU:

Cypriot Banks Open Doors After Two Weeks as Customers Hunt Cash --- Calm Gives Way to Tension in Cyprus as Banks Reopen --- Cyprus readies capital controls to avert bank run --- Making up a euro solution on the fly --- BofA: 'Banks Will Never Look The Same Post-Cyprus' --- Cyprus Banks Are About To Reopen, And So Far It's Just A Bunch Of Reporters Hoping To Witness A Bank Run --- Convoy Of Trucks Reportedly Hauling Tons Of Fresh Euros As Cyprus Banks Prepare To Reopen --- G4S Readies Guards as Cypriot Banks Prepare to Open --- No money allowed to leave country --- A Furious Cyprus Begins Investigating Who Breached The Capital Controls
(DBN)

______________

PIIGS:

Allied Irish says restructuring done as loss narrows --- ie: Insolvency reforms 'won't stop bankruptcy tourism'
(DBN)

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Germany:

German unemployment rises unexpectedly in March
(DBN)

______________

France:

Hollande Economic Woes Masked by Cyprus Fig Leaf
(DBN)

______________

Brazil:

Brazil's CAOA says creditor rift likely to sink BVA deal
(DBN)

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Copyright 2013