March 8, 2013

The Daily Bankruptcy News

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Law:

Simpson Thacher, Baker Botts, Cooley: Business of Law
(DBN)

Coming Off a Year of Modest Growth, Simpson Thacher Names New Leader
(DBN)

Same lawyer, more trouble - Judge demands answers in THR bankruptcy
(DBN)

Is That An Ice Cream Sandwich In Your Pants, Or Are You Just Glad ...
(DBN)

Following Medicine's lead, To Place Graduates, Law Schools Are Opening Firms
(DBN)

How Facebook’s Lawyers Price Their Services
(DBN)

Women More Stressed than Men, Says Survey
(DBN)

UK: More mid-tier mergers predicted as top 100 growth stays low
(DBN)

Alternative Careers: Lawyer-Turned-Pro Boxer Launches Controversial Clothing Range
(DBN)

78% of Law Schools Ignore ABA Rule --- Why The ABA Is Resistant To Change
(DBN)

Why waste the crisis in legal education?
(DBN)

How Much Does It Cost To Name ALL THE THINGS At A Law School?
(DBN)

Former 3L sues after being kicked out of law school for alleged plagiarism
(DBN)

There Will Be A New Bar Exam in 2015
(DBN)

Comedians at Law
(DBN)

LinkedIn Won't Help Most Lawyers
(DBN)

Four ways to get things done with Siri
(DBN)

Culture Key to Recruitment at Mid-size Firms
(DBN)

Unintended Consequences of Bring Your Own Device
(DBN)

Man Armed With Ice-Cream Cone ‘Terrifies’ Law Students During Torts Class
(DBN)

Law Firm and Former Partner In Good Ole Fashioned Money Fight
(DBN)

Setting Client Expectations
(DBN)

From Biglaw to Boutique: Believing What You’re Selling
(DBN)

Woman To Pay Fine After Sending Son Named 'Jihad' To School With 'I Am A Bomb' Shirt
(DBN)

Mom charged with using Taser on son
(DBN)

Lawyer Killed In Office, Found By Cleaning Crew
(DBN)

Lawyers Don't Have to Be Rude to Opposing Clients
(DBN)

Attorney Facing Discipline For Eating Food In Grocery Store
(DBN)

Teacher On Bike Killed After Becoming Impaled On Gate Outside School
(DBN)

Cops: Man Goes Berserk With Ax at Dunkin' Donuts
(DBN)

Man faces 30 days in jail for laughing too loudly -- in his own home!
(DBN)

Two Years In Solitary Confinement With No Arraignment: $15.5 Million
(DBN)

The Catch-22 That Prevents Us From Truly Scrutinizing the Surveillance State
(DBN)

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Judges:

Sequestration Hits the Law as Courts Keep Bankers' Hours
(DBN)

Sheriff sends undercover officer to courthouse with gun; she makes it through 6 checkpoints
(DBN)

Bill would have judges draw straws to shrink Washington Supreme Court
(DBN)

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Wall Street:

Stock index futures signal higher open
(DBN)

Stocks Close Modestly Higher Ahead Of Jobs Report
(DBN)

Bad-News Bears Crash the Party
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

Roubini: Markets Will Be Shocked By How Much of A Slowdown Is Coming This Year, And Stocks Will Dive
(DBN)

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Layoffs:

Good jobs news: Initial claims fall
(DBN)

Employers Waiting for Perfect Employees?
(DBN)

Google Fires 1,200 More From Motorola Mobile
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Ford's CEO Nets Nearly $12 Million In Performance Bonuses
(DBN)

Fiat Talks with Banks About Chrysler Merger
(DBN)

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Politics:

Jon Stewart: Rand Paul Used The Filibuster 'The Way It's Meant To Be Used' --- The Bush Administration Already Answered Rand Paul's Question About Killing Americans On US Soil --- John McCain And Lindsey Graham Tear Into Rand Paul For Filibuster --- The Wall Street Journal: 'Calm Down, Senator' --- Holder Responds To Paul About Drone Strikes On U.S. Soil
(DBN)

Ruben Hinojosa, Congressman, Emerges From Bankruptcy
(DBN)

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Alternative Energy:

Michigan Seeks to Block Transfer of A123 State Tax Credits --- Balks at A123's creditor payout plan
(DBN)

The Fall of China's Solar Power King
(DBN)

Another strange twist for a major Chinese solar panel maker facing possible bankruptcy
(DBN)

BP Bows Out of Solar
(DBN)

SolarCity Posts Much Larger Loss
(DBN)

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Corporate Reform:

Sen. Warren: Drug dealers go to jail; bankers for drug cartel pay a fine --- Elizabeth Warren HSBC Money Laundering
(DBN)

Warren starts taking on banks and regulators
(DBN)

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Telecoms:

US, Canada judges mull fate of Nortel cash
(DBN)

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Mass Torts:

Judge orders homes of pharmacy owners seized
(DBN)

Double Dipping on Asbestos Docket
(DBN)

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Derivatives:

A derivatives broker's 10-year grudge ends, with big penalties
(DBN)

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Hollywood:

Rhythm & Hues Bankruptcy Sale: 'Stalking Horse' Bid Expected Friday
(DBN)

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M&A:

KPMG Survey: 2013 M&A Activity to Outpace 2012
(DBN)

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Economy:

Jobless Claims in US Unexpectedly Fall to a Six-Week Low
(DBN)

US Productivity Fell in Fourth Quarter as Labor Costs Rose --- US Productivity Rising Faster Than Wages
(DBN)

Consumer Comfort in US Improves to Highest Level This Year
(DBN)

Gallup: Broad Support for $9 Minimum Wage --- How to Survive on $7.25 an Hour
(DBN)

US household wealth regains pre-recession peak
(DBN)

US Economy Needs $2 Trillion in Stimulus
(DBN)

Fed Beige Book Reveals QE Failing To Stimulate More Lending
(DBN)

Government getting in economy's way: Beige Book
(DBN)

Obama Still Looking for Big Deficit Deal
(DBN)

House Passes Bill to Keep Government Funded
(DBN)

Spending Cuts May be Here to Stay
(DBN)

US Watchdog: Iraq Was a Waste of Taxpayer Dollars
(DBN)

Americans Raiding 401(k)s To Pay Bills At Alarming Rate
(DBN)

Credit Boom Warning Sign? Buybacks Hit $1 Trillion
(DBN)

Wealth Inequality Worse Than Thought
(DBN)

Consumer Debt Up $16.2bn in January
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Household Worth in US Rises by $1.17 Trillion on Housing
(DBN)

Credit Suisse: There's A Rush In The US Housing Market
(DBN)

Confidence in Housing Market Rose in February
(DBN)

The World's Most Expensive Real Estate Markets
(DBN)

Immigrants Fuel Home Ownership Demand
(DBN)

Those Amazing Deals On Foreclosed Homes Are Disappearing
(DBN)

Va. AG settles with mortgage modification firms
(DBN)

HI: 1250 Oceanside Partners Files for Bankruptcy Protection --- Hokulia developer in debt over $500 million files bankruptcy
(DBN)

___________

Mass Torts:

BP Oil Spill Payout May Be Billions Higher Than Initially Expected
(DBN)

______________

Glass:

Glass company returns to nearly full production following chapter 11
(DBN)

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Entertainment:

10 Mysteries About Girls Gone Wild Declaring Bankruptcy
(DBN)

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Municipalities:

Detroit mayor opposes EM appeal
(DBN)

Protestors Rally Over EFM In Detroit
(DBN)

An emergency manager and Detroit's undue process
(DBN)

Detroit declines invitation to bid on 2024 Olympics
(DBN)

White House won't bail out Detroit
(DBN)

Lansing may give Detroit aid if EM gets OK
(DBN)

Detroit's Hot Mess Will Eventually Require Regional Solutions
(DBN)

Ft. Worth Faces $50M Budget Shortfall
(DBN)

NY: Schools squeezed toward insolvency
(DBN)

______________

Retailing:

JCPenney Is Quietly Firing More Store Employees After A 'Secret Broadcast'
(DBN)

Ex-JC Penney CEO Slams Current CEO Johnson
(DBN)

Why JCPenney's New Corporate Culture Is Failing
(DBN)

Retailers report modest sales gains for February
(DBN)

Costco's Unorthodox Strategy To Survive The Big Box Apocalypse
(DBN)

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Celebs:

Terrell Owens Adviser Banned After NFL Players Lose $40 Million
(DBN)

Bankrupt casino leads to 31 NFL players losing $40M
(DBN)

Judge finalizes $41M judgment against Yellowstone Club founder --- Rejects mediation request by Blixseth
(DBN)

France Goes After Saudi Princess Who Skipped Out On $7.5 Million Hotel Bill
(DBN)

N.Y. AG: Tailor to the stars settles tax fraud case for $5.5M
(DBN)

_____________

Health Care:

Employees flood MCDH meeting
(DBN)

Liberty Medical committee of unsecured creditors appointed
(DBN)

Nursing Homes in Extremis Get Leave To Alter Union Contracts
(DBN)

GE CEO: Americans Must Pay More for Health Care
(DBN)

Here's How Much Bacon You Need To Eat To Die Young
(DBN)

______________

Accounting:

Lawyers for Deloitte Seek to Buy Time in Subpoena Spat with SEC
(DBN)

______________

Skiing:

Bidders still interested in ownership of Snö ski resort
(DBN)

______________

Golf:

Golfers told Cherry Hill's Woodcrest won't open this year
(DBN)

Cordillera Golf Club emerges from bankruptcy
(DBN)

______________

Museums:

Chairman: Archway Has Seen Many Financial Struggles --- Stuhr works with Kearney archway to draw tourists
(DBN)

LA County Museum of Art proposes taking over financially troubled Museum of Contemporary Art
(DBN)

______________

Equipment Rental:

Ahern Rentals' Ownership Struggle Continues
(DBN)

______________

Tax:

US IRS boots Israeli bank clients from amnesty program -lawyers
(DBN)

After busts, tax-lien industry asks for antitrust training
(DBN)

______________

Aviation:

CRO Beverly Goulet gets promoted to senior vice president at American Airlines
(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 (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

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Plan Confirmation:

Delaware Opinion in Indianapolis Downs Case Expands Third Party Releases and Approves Post-Petition Lock-Up Agreements
(DBN)

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Safe Harbors:

Court Finds Investment Advisor’s Payments to Customers Are Not Exempt From Avoidance Under Section 546(e)of the Bankruptcy Code
(DBN)

______________

Automatic Stay:

Extra Protection: Bankruptcy Court Extends Automatic Stay to Cover Non-Debtor Affiliate in Arbitration Proceeding
(DBN)

______________

Recent Pleadings:

Hostess: UST Says Administrative Insolvency Possible, Wants Fee Holdbacks
(DBN)

Education Holdings Plan Confirmed
(DBN)

______________

Fraud:

Former Madoff aide seeks release of funds for his defense
(DBN)

A.G. Blasts Fee Request From Counsel for Madoff Investors
(DBN)

TD Bank wins protective order in Rothstein case
(DBN)

Gupta lawyer reflects on negotiation strategy in high-profile case
(DBN)

More asset freezes likely in insider-trading probes - Khuzami
(DBN)

Goldman banker CDO suit is wrong fight for SEC
(DBN)

Jack Brown Has Retained Criminal Attorney In Ponzi Scheme Case
(DBN)

Scruggs asks 5th Circuit to toss guilty plea
(DBN)

______________

Litigation:

Defendant Gets Spoliation Sanctions After Deleting Text Messages
(DBN)

The Proliferation and Suitability of Apple's iPad in Litigation Practice
(DBN)

______________

Banking:

Libor bank probes at advanced stage: EU antitrust official --- "Other people read People Magazine, but you read the Wall Street Journal"
(DBN)

Bank of America to offer cash-back rewards for paying off debt
(DBN)

Bank Stress Tests Not Stressful Enough --- Ally only bank below Fed standard in stress test --- Ally Says Stress-Test Results Based on Flawed Analysis by Fed
(DBN)

First Place Financial Corp. Seeks Conversion
(DBN)

No Dice For United Western
(DBN)

______________

Biotech:

Biovest files for bankruptcy
(DBN)

______________

Sovereigns:

US judges are jeopardizing global finance
(DBN)

Argentina Has the Power to Avoid Catastrophe
(DBN)

Argentina Might Not Default In 2013 But Its Future Is Gloomy
(DBN)

______________

UK:

Debt-ridden Wroughton Football Club in fear of going bust
(DBN)

Bank of England: No New Stimulus
(DBN)

DLA and Kirkland lead on Dreams pre-pack administration
(DBN)

Semple Fraser bites the dust - after claiming all is rosy
(DBN)

Insiders say redundancies imminent at ABS giant Parabis
(DBN)

UK: Shopkeepers Running Out of Time
(DBN)

______________

EU:

ECB leaves interest rates unchanged
(DBN)

Draghi Says ECB Sees 'Downside Risks' on Economic Growth
(DBN)

Draghi Keeps Faith in Gradual Recovery as ECB Trims Forecasts
(DBN)

Draghi Signals Economy Must Worsen for ECB to Cut Rates Again
(DBN)

______________

PIIGS:

ECB offers no helping hand for Italy, says markets calm --- Monte Dei Paschi di Siena Seeks €1.2bn Damages Over Derivatives --- Spokesman found dead --- Tragedy and scandal at world's oldest bank
(DBN)

Greek Unemployment Falls to 26.4%
(DBN)

ie: Higher rates of bankruptcy in border regions
(DBN)

______________

Germany:

German Industrial Orders Drop in January
(DBN)

_____________

France:

Unemployment in France at 14 Year High
(DBN)

______________

Singapore:

Bankruptcy and insolvency regime a major area of review, says Shanmugam
(DBN)

______________

Australia:

Commercial Disputes & Insolvency Alert
(DBN)

______________

New Zealand:

The 'big five' insolvency issues for 2013
(DBN)

______________

Venezuela:

Venezuela Faces Difficult Times
(DBN)

______________

 

 

 

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