May 22, 2013

The Daily Bankruptcy News

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Law:

Layoff Watch: Feeling the Pain at Akin
(DBN)

Firm Leaders Survey, Kramer Levin: Business of Law
(DBN)

O'Melveny Further Bolsters Global Restructuring Practice
(DBN)

Q&A: Christopher Ward on the changing role of the CRO
(DBN)

Adams and Reese to acquire a 23-lawyer firm
(DBN)

SuperChambers500
(DBN)

Do LinkedIn endorsements violate legal ethics?
(DBN)

12 signs that you're burnt out
(DBN)

Yale Law Grad: Why I Came Out As Gay In A New York Times Op-Ed
(DBN)

Quinn Emanuel Hits Banks with New LIBOR Fraud Suit
(DBN)

Thinking of switching law firms? Be sure you take these steps, partners caution
(DBN)

Are Law Schools Neglecting Half of the Brain?
(DBN)

Lawyers Like Their Evidence Like They Like Their Dates: Cheap, Quick, and Easy
(DBN)

A law firm taxonomy: Introduction
(DBN)

Appeal Filed by Lawyers Sanctioned Over P*** Lawsuits
(DBN)

Law firm faces paying out to lawyer denied a permanent role because she became pregnant
(DBN)

CBS Is Investigating How A Reporter's Computer Was Compromised
(DBN)

Jodi Arias Pleads For Mercy, Promises To Devote Her Life To Helping People
(DBN)

Convicted of murdering ex-client, lawyer is fighting attorney disciplinary petition
(DBN)

Reema Unchained: Attorney Who Pleaded Guilty To Prostitution Sues A Slew Of Local Lawyers
(DBN)

Attorney Who OK'd AP Phone Taps Also Represented Firm That Allegedly Hacked David Einhorn
(DBN)

Biglaw Lawyer Asked to Spy for Russia
(DBN)

Social Media Darlings at Amy’s Baking Company Fear Lawsuit
(DBN)

Juror in contempt for posting online comments in news article about trial of attorney murder case
(DBN)

Federal judge jails estate lawyer as flight risk, nixes ‘bizarre’ effort to revoke plea
(DBN)

Ex-US AG Retaliated in Fast and Furious
(DBN)

Crime Novelist Wins $51 Million From Accounting Firm
(DBN)

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Judges:

Suspended and facing ethics case, judge blames president jurist, claims she rebuffed advances
(DBN)

Judge’s Facebook friendship didn’t indicate bias, state appellate court rules
(DBN)

Q&A: Plan B judge Edward Korman on judicial activism, job perks
(DBN)

A Footnote to the Scalia Footnote
(DBN)

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Wall Street:

US stock futures advance --- Futures Up Ahead of Bernanke
(DBN)

U.S. Stocks Close Higher on Fed Comments
(DBN)

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Layoffs:

Report: ESPN Is Laying Off Hundreds Of People
(DBN)

Inspiring 85-Year-Old Lands A Job Four Days After Graduating From College
(DBN)

Do Extended Unemployment Benefits Lengthen Unemployment Spells?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

US court studies wiretaps in ex-Goldman director's insider case
(DBN)

Report: Prosecutors Might Go After SAC Capital Under Law That Was Made For The Mafia
(DBN)

2 Eastern Livestock officials sentenced to prison
(DBN)

Ex-SAC Trader Continues To Press Prosecutors For Details In Insider Case
(DBN)

SAC Capital punishment
(DBN)

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Mass Torts:

Bankruptcy judge rejects 'novel' theory to limit asbestos liability
(DBN)

Bankruptcy Judge Sets Specialty Products’ Asbestos Liability At $1.16 Billion
(DBN)

Pittsburgh Corning Exit-Plan Approval Opposed by Insurers
(DBN)

U.S. Chamber Applauds House Judiciary Committee Passage of Asbestos Trust Transparency Bill | Fort Mill Times - Fort Mill, SC
(DBN)

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Telecoms:

Will Dish chairman's $2B bid for LightSquared spectrum run into interference?
(DBN)

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Municipalities:

Who would want to be mayor of PA's broke capital city?
(DBN)

In post- bankruptcy Vallejo, services few, times hard
(DBN)

The Stockton Saga Continues: Untouchable Pensions on the Chopping Block?
(DBN)

CalPERS debt looms in anti-crime plan debate
(DBN)

Stockton pulls 3 properties off for-sale list
(DBN)

The Most Polite And Potty-Mouthed States In The US
(DBN)

The 15 Healthiest Cities In America
(DBN)

13 Major Suburbs Where Poverty Is Soaring
(DBN)

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Elder Debt:

Seniors losing savings to 'pension advance' firms
(DBN)

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Economy:

Dudley Says He Can't Be Sure If Next QE Move Is 'Up or Down'
(DBN)

Apple chief calls for US corporate tax to be cut to single digits
(DBN)

The incredible story of America's boom, crash, and comeback
(DBN)

Public Education Spending Per Student Falls For The First Time In Nearly 40 Years
(DBN)

Spotlight on the economy: Bernanke may duck and weave on bond buys
(DBN)

Financial Weapons Of Mass Destruction Are Back
(DBN)

How Poor Teens Can Reach The Middle Class In 3 Steps
(DBN)

The 15 Most Frustrating Companies In America
(DBN)

This country needs another financial crisis
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fannie Mae Said to Plan $2 Billion CMBS Offering to Cut Holdings
(DBN)

Sales of U.S. Existing Homes Probably Rose to Three-Year High
(DBN)

Mortgage Applications Sink as Interest Rates Jump
(DBN)

Mortgage settlement brings relief to 25K in Illinois
(DBN)

Obama's Fannie Mae Pick Watt Faces Fight Imperiling Housing Deal
(DBN)

Father, son sentenced for rigging foreclosure auctions
(DBN)

Hardest-hit states record the most relief from servicers
(DBN)

The Rise Of Poverty In American Suburbs [Infographic]
(DBN)

Servicers distributed $50.63 billion through National Mortgage Settlement
(DBN)

Recovering housing market buoys The Home Depot earnings
(DBN)

QM likely to shrink mortgage lending space
(DBN)

Waypoint Files for Latest Foreclosure-to-Rental IPO
(DBN)

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Tax:

Apple tries not to stand out in the tax-avoidance crowd --- Apple Avoids Paying $17 Million In Taxes Every Day --- How Apple scores its lower tax bill --- Ireland does not want to be blamed for Apple's tax avoidance --- Why Apple (And Lots Of Other Companies) Wound Up In Ireland --- 17 Great American Companies That Keep Mountains Of Cash Overseas Just Like Apple Does --- Apple CEO, Lawmakers Square Off --- Why Politicians Are Trying To Crucify Apple --- Google Joins Apple Avoiding Taxes With Stateless Income --- Two Global Companies Just Moved for Tax Reasons --- Rand Paul Blasts His Colleagues, And Says It's Outrageous That Apple Is Being Harassed About Its Taxes --- It's Not Just Apple: The Ultra-Complicated Tax Measures That Microsoft Uses To Avoid $2.4 Billion In U.S. Taxes ---Apple CEO Cook Talks to Congress as Steve Jobs Never Did --- Hey, Congress, Look What Happened Last Time You Got Duped Into Letting Companies 'Repatriate' Foreign Cash... --- Apple CEO makes no apology for company's tax strategy --- Apple’s Taxes Expose the Rotten U.S. Code --- How to Solve the Corporate Tax Debate
(DBN)

Ex-IRS Chief: Don't Know How It Happened
(DBN)

Aides Knew of IRS Scandal, Didn't Tell Obama
(DBN)

The IRS Official At The Center Of The Scandal Will Plead The Fifth Amendment Before Congress
(DBN)

IRS Officials Back on Capitol Hill Hot Seat
(DBN)

The IRS controversy isn’t about taxes. It’s about disclosure.
(DBN)

IRS acted alone in planted question about targeting Tea Party: Lew
(DBN)

“Auditing” an EDNY Decision with a Plethora of Tax Issues (Part Four)
(DBN)

____________

Alternative Energy:

Tesla May Repay Government Loan Today, 9 Years Ahead Of Schedule --- Tesla Repaying Loan for ‘Losers’ Gives Obama Green Win
(DBN)

Can You See A Trend Yet? Chinese Enter The Bidding Process For Fisker --- Wanxiang and VL Auto Want to Buy Fisker
(DBN)

Battery maker B456 Systems' bankruptcy plan approved
(DBN)

The collapse of China’s photovoltaic industry will spark the next solar boom
(DBN)

EU Panel Penalties to Hurt Solar Firms From China to U.K
(DBN)

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Banking:

JP Morgan's Jamie Dimon beats off shareholder revolt --- Jamie Dimon's Win Was Actually Massive
(DBN)

Why Big Banks Don't Want Your Money Anyway
(DBN)

Shadow Banking Hits Post-Crisis High
(DBN)

Shuttered FrontPoint hedge funds sue Libor banks for $250 mln fraud
(DBN)

____________

Hotels:

Judge rules Airbnb illegal in New York City
(DBN)

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Coal:

Union Miners Rally Again on Peabody's Doorstep --- Dozen Arrests at Mine Worker Rally in St. Louis --- Peabody to allow Patriot to probe its financial advisers
(DBN)

____________

Autos:

GM North America President Mark Reuss says company would be (mostly) unaffected by Detroit bankruptcy
(DBN)

Sweden Prosecutors Arrest Former Saab Auto CEO on Tax Charge
(DBN)

____________

Hollywood:

Stalking Horse Bidder Agrees to Settlement With Rhythm & Hues
(DBN)

Appeals Court Denies Ronald Tutor's Bid to Sell Movies Tied up in Bankruptcy Case
(DBN)

____________

Lehman:

Lehman Australia Liquidator Wins Approval for Vote
(DBN)

____________

Personal Finance:

When To Break It To The Kids That They're Filthy Rich
(DBN)

___________

Music:

Boo F! Boyband Blue go bankrupt
(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 (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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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Personal Bankruptcy:

Non-exempt Exempt IRAs and Undercompensated Chapter 7 Trustees
(DBN)

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Sales:

JS Communications Settles Rhythm & Hues Fee Dispute
(DBN)

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Committees:

Creditors' Committee: Invaluable In the Chapter 11 Process
(DBN)

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Bankruptcy Reform:

New Bankruptcy Chapter No Answer
(DBN)

____________

TBTF:

How to End Too Big to Fail
(DBN)

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Insurance:

D&O Insurance: Separate Claims Deemed a Single Claim--What Are the Implications?
(DBN)

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Defaults:

Beware of the Covenant Bubble
(DBN)

____________

Food/Beverage:

Aloha Beer bid disrupts Hawaii Nui bankruptcy case
(DBN)

The audacious plan to end hunger with 3-D printed food
(DBN)

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Art:

N.Y. art dealer tied to forgeries charged with tax fraud
(DBN)

____________

Brokers:

MF Global regulator Gensler faulted by CFTC inspector general over recusal
(DBN)

____________

Golf:

The Village at Woodcrest Will be Public Golf Course, Developer Says
(DBN)

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Health Care:

KidsPeace Files Bankruptcy Blaming Government Spending Cuts
(DBN)

Cancer hits millennial finances hardest
(DBN)

The end of health price secrecy may be starting in Miami
(DBN)

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Compensation:

EU Bank Bonus Cap to Put Pressure on US
(DBN)

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Celebs:

Schilling lawyer to argue for tossing lawsuit
(DBN)

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Gambling:

Atlantic City's Revel exits bankruptcy court
(DBN)

____________

UK:

UK Reports Dismal Retail Sales
(DBN)

UK regulator says satisfied with Lloyds, RBS capital plans
(DBN)

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EU:

EU Fails to Save a Lost Generation
(DBN)

EU Bank Bonuses to Affect a Lot More Bankers
(DBN)

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PIIGS:

Dunne's ex-wife hires lawyer to monitor bid for US bankruptcy
(DBN)

Italy: Millions Falling into Poverty
(DBN)

The Thin Lady Sings: Spanish Opera Protests Austerity --- Spain just spent $680 million on a submarine that can’t swim --- Spanish unemployment could hit 30% by 2014
(DBN)

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Canada:

Canada: Tax the Rich, but They May Not Pay
(DBN)

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France:

Natixis says AMF probing stock reaction to restructuring
(DBN)

____________

Brazil:

Jump in bankruptcy protection requests may hurt Brazil banks
(DBN)

____________

Hungary:

Hungary personal insolvency bill ready
(DBN)

____________

Japan:

Hundreds seek compensation in Japan nuclear crisis
(DBN)

Japan's economic comeback
(DBN)

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Copyright 2013