May 17, 2013

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

Big Law Firms Are Using Ugly Tactics To Get A High 'American Lawyer' Ranking
(DBN)

Am Law Firms Aboard as Leagues Sink Kings, Coyotes Deals
(DBN)

U.S. Legal System Ranked as Most Costly
(DBN)

Do you have ‘professional telepathy’? It’s what Ernst & Young looks for from firms
(DBN)

Sociopath Law Professor Admits To Being A Sociopath --- A Diagnosed Sociopath Says Her Disorder Made Her A 'Great Lawyer'
(DBN)

Law Student Sues Law School For Implying He's Litigious
(DBN)

Harvard law student hopes to buy a Segway after his $1M ‘Survivor’ win
(DBN)

Harvard Law School Agrees To Start Accepting Harvard Students Early IF They Promise To Go Get A Life First
(DBN)

Socratic Method Linked To Female Underachievement in Law School
(DBN)

The Trouble With Lawyer Regulation
(DBN)

Judge Scolds Trump, Attorney at Chicago Trial --- ‘This is not a boxing ring!’
(DBN)

Client Biz Dev: You're Doing It Wrong
(DBN)

Thirty-One Great Apps for Lawyers --- Are You Using These 7 Useful iPhone Features?
(DBN)

Bonkers Law Firm Website of the Week
(DBN)

Jodi Arias' Lawyers Tried To Quit After She Was Convicted
(DBN)

Writer Becomes A Hero After Swiping Woman's Cell Phone In Theater And Throwing It Across The Room
(DBN)

An NYC Subway Worker Allegedly Helped Stage Her Own Robbery
(DBN)

Lawyer’s suit claims his sessions with personal trainer left him with disabling pain
(DBN)

Women Are Now Taking Hubby's Last Name
(DBN)

CBS: Suspected Bomber Dzhokhar Tsarnaev Scribbled A Confession On The Boat He Was Found In
(DBN)

Manager Of Army Sexual Harassment Program Arrested In . . .
(DBN)

Man jailed for 10th DUI is convicted for soliciting murder of judge, prosecutor and his ex-wife
(DBN)

Attorney Sanctioned for Using Motion to Air Anti-Semitism Bias
(DBN)

Couple Refuses To Allow Police To Enter Home Without Warrant . . . Police Kick Down Door and Taser Couple
(DBN)

McDonald's Worker Spots Her Stolen Car In The Drive-Thru
(DBN)

Say What?!
(DBN)

______________

Judges:

Songs for the Supreme Court
(DBN)

Judge's 'improper conduct' tainted malpractice trial: appeals court --- Tendency to ‘interrupt, patronize and admonish’
(DBN)

Appeals court upholds 20-year sentence for ex-judge convicted of stealing $80K
(DBN)

Delaware's Chancery Court seeks to restart 'secret' hearings
(DBN)

Federal Judge Certifies Classes in Kids-for-Cash Civil Suit
(DBN)

______________

Wall Street:

US stock futures on Friday upswing
(DBN)

Rally stalls as stocks close lower
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Municipalities:

Bankrupt Alabama county names new top lawyer
(DBN)

Moody’s Says Detroit Manager Makes Bankruptcy Option
(DBN)

Detroit's lessons
(DBN)

Bing: Orr needs to act quickly to fix city finances
(DBN)

Detroit Recovery Plan Negative for Bondholders, Moody's Says
(DBN)

Detroit recovery plan raises specter of default - Moody's
(DBN)

Troubled Detroit pensions pay for Hawaii trip
(DBN)

Leaving so soon, Detroit politicians?
(DBN)

Stockton Mayor Outlines Plans in State of the City Address
(DBN)

____________

Health Care:

Study: Cancer Patients 2.65 Times as Likely to Go Bankrupt
(DBN)

____________

Corporate Reform:

At last, some consensus on Dodd-Frank
(DBN)

Elizabeth Warren Vows To Fight Legislation Weakening Dodd-Frank
(DBN)

____________

Golf:

Camden County Freeholders To Bid On Bankrupt Woodcrest
(DBN)

____________

Vacuums:

Oreck family makes $22M bid to buy Oreck Corp.
(DBN)

____________

Stadiums:

Yankee Parking Bondholders Seek to Stave Off Bankruptcy Filing
(DBN)

____________

Agriculture:

US Farmland Prices Jump 15% in Q1
(DBN)

____________

Fraud:

Bernie Madoff: I Am Responsible For My Son's Death And I Can't Sleep
(DBN)

How a Texas Paper Brought Down Billie Sol Estes
(DBN)

Sedgwick Bids to Trim Claims Arising From Ponzi Scheme
(DBN)

____________

Economy:

Jobless claims shoot up by 32,000 across country
(DBN)

Philadelphia Fed Manufacturing Index Decreases to -5.2 From 1.3
(DBN)

Older investors reveal exactly why their retirement plans have gone off track
(DBN)

Key Measures show low and falling inflation in April
(DBN)

Bill Gates Retakes World's Richest Title From Carlos Slim
(DBN)

Fed Officials Differ on Direction of Recovery
(DBN)

Pope Francis Rips Global 'Cult Of Money'
(DBN)

Average Retirement Age is 61 and Rising
(DBN)

Recession Will Haunt Gen-X Into Retirement
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Housing starts fall 16.5% in April, but building permits jump
(DBN)

Table of Distressed Sales and Cash buyers for Selected Cities in April
(DBN)

Five Takeaways From the Latest Housing Starts Report
(DBN)

Mortgage Bond Poised to Set a Dubious First
(DBN)

S&P Puts Ally on Watch for Upgrade After ResCap Settlement
(DBN)

Freddie Mac: Housing is the juice of the recovery
(DBN)

Homebuilders left shaken, but opportunities are on the horizon
(DBN)

California's Housing Market Surges in April
(DBN)

Alabama Supreme Court MERS decision: Attorney guidepost
(DBN)

Fixed-mortgage rates inch higher: Freddie Mac
(DBN)

Housing outlook brightens as April permits grow
(DBN)

Winning $4.85M lottery ticket saves house of mortgage foreclosure defendant
(DBN)

Jewels seized from fugitive Seattle real estate mogul worth $3M
(DBN)

____________

Retailing:

Wal-Mart US sales weak; outlook below analysts' forecast --- Wal-Mart's Customers Are More Broke Than Anyone Realizes
(DBN)

JC Penney's first-quarter earnings tank
(DBN)

____________

Tax:

Obama: I Didn't Know About 'Outrageous' And 'Unacceptable' IRS Scandal
(DBN)

IRS Scandal: What We Still Haven't Learned
(DBN)

IRS Storm Targeting Scandal Shifts to Congress
(DBN)

IRS Scandal and the Peter Principle
(DBN)

Second IRS Official Quits Amid Scrutiny
(DBN)

Factual Context the Media Left Out of Their Reporting on the IRS Scandal
(DBN)

____________

Electricity:

Energy Future's Woes Stunt Oncor's Texas Power Growth Ambitions
(DBN)

Oncor Electric Delivery says expansion is limited by parent company’s debt
(DBN)

____________

Alternative Energy:

Biorefinery company seeks Chapter 11 protection
(DBN)

Western Biomass up for sale; Blue Sugars files bankruptcy
(DBN)

SolarCity, Goldman Sachs create $500M solar fund
(DBN)

____________

Tech:

Micron Announces Issuance by Tokyo High Court of Order Dismissing Creditor Appeals
(DBN)

Micron: The Electronics Industry Just Dodged A Bullet
(DBN)

____________

Video Games:

Game Over for TimeGate
(DBN)

____________

Aviation:

American Airlines offers priority boarding for those without roller bags
(DBN)

Airline Unions Sign Pact To Ward Off Teamsters
(DBN)

Minister: Croatia Airlines faces bankruptcy if restructuring fails
(DBN)

____________

Autos:

Whistleblower Suit Holds Up Payout to Old GM Creditors
(DBN)

____________

Celebs:

OJ Simpson: I gave $500K to lead lawyer for costs; he was supposed to defend me for free
(DBN)

____________

Gambling:

Atlantic City Recession Continues While Las Vegas Rebounds
(DBN)

Packer Must Face Lenders' Las Vegas Lawsuit, Appeals Court Says
(DBN)

____________

Distressed Investing:

Ex-Goldman Partner, Vulture Investor, Back From Bankruptcy
(DBN)

____________

Oil/Gas:

Rig maker Lamprell says debt restructuring on track
(DBN)

____________

Photography:

Shareholders: Kodak purposefully undervaluing operations
(DBN)

____________

New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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)

______________

Miscellaneous:

Weil: What We're Watching
(DBN)

____________

Subordination:

How O'Donnell v. Tristar Decision Could Impact Reading of the Bankruptcy Code
(DBN)

____________

Preferences:

Fourth Circuit Clarifies the Earmarking Doctrine as an Affirmative Defense to Preference Claims
(DBN)

____________

Bankruptcy Bonuses:

Patriot Coal Can Pay $6.9 Million in Executive Bonuses
(DBN)

____________

Finance:

Recovery of Make-Whole Premiums: The Importance of Clear Drafting
(DBN)

____________

Safe Harbors:

Illinois District Court Limits Reach of § 546(e)’s Safe-Harbor Defense
(DBN)

____________

Recent Pleadings:

Pittsburg Corning Asbestos Plan Confirmed, Judge Says 13 Years Of Plan Litigation Like "Whack-a-Mole"
(DBN)

Orrick Seeks Interlocutory Appeal Of Heller "New Business" Liability, Says More Law Firm Failures "Likely"
(DBN)

______________

Education:

Why Private Schools Are Dying Out
(DBN)

____________

Banking:

Why JPMorgan's Jamie Dimon Is Wall Street's Indispensable Man
(DBN)

US regulators press forward with rule that could force foreign banks to flee
(DBN)

____________

Politics:

Barack Obama's Presidency Is Imploding
(DBN)

____________

Trucking:

Pilot Truck-Stop CEO Pleads: Don't Sue Us
(DBN)

____________

Sovereigns:

Argentina Bonds Rise As Bargain-Hunting Continues
(DBN)

____________

UK:

Multi-million pound scam shut down by Insolvency Service
(DBN)

Hearts: Parent company UBIG asks to be declared insolvent
(DBN)

Royal Bank of Scotland 1400 job cuts branded 'brutal' by union
(DBN)

Ex-Cobbetts partners face £100k penalty for breaking two-year lock-in
(DBN)

Eurosail — Has the Balance Been Redressed?
(DBN)

____________

EU:

European car sales in first rise for 18 months
(DBN)

Why The Euro Could Tank As The Eurozone Crisis Comes To An End
(DBN)

Austerity is Making EU Economy Sicker
(DBN)

____________

PIIGS:

ie: Insolvency applications to be accepted by end of month
(DBN)

Massive Rally In Greek Debt --- Greek Member Of Parliament Yells 'Heil Hitler' In The Middle Of A Debate
(DBN)

Spain's Biggest Bank Says Economy’s Bottomed Out
(DBN)

____________

Canada:

This entrepreneur ditched the United States for Canada
(DBN)

____________

Russia:

Prosecutors: Bankruptcy of airline "Kuban" was deliberate
(DBN)

___________

Mexico:

Liquidity issues and lawsuits hit Mexico's homebuilders
(DBN)

Yahoo's Fines In That Massive $2.75 Billion Mexican Lawsuit Have Been Cut To $172,500
(DBN)

____________

Lithuania:

LHV to Buy Lithuanian Leasing Unit From Bankrupt Bankas Snoras
(DBN)

____________

 

 

 

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2013