May 29, 2013

The Daily Bankruptcy News

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Law:

“The Prisoner’s Dilemma” and Partner Pay
(DBN)

How A Few Greedy Partners Can Destroy A Corporate Law Firm
(DBN)

Job Interview Suicide
(DBN)

Employment picture for law grads looks pretty much the same as a year ago—for better and worse
(DBN)

Meet 6 law firm leaders, each with a different story, each at the top of her game
(DBN)

Greenberg Traurig settles $200 mln proposed class action --- Greenberg Traurig Case Highlights Pay Equity Issues
(DBN)

Sorry, Charlie, Your Wife Won't Support You
(DBN)

Weil, Cravath, Fried Frank, Skadden: Business of Law
(DBN)

Sheppard Mullin, BakerHostetler, Cornell: Business of Law
(DBN)

Blank Rome sued for malpractice in ex-Morgan Stanley executive's divorce case
(DBN)

Kodak Case Provides Snapshot Into Wilmer Billing
(DBN)

Firm Takes Another Hit in Bid to Collect 'Unconscionable' Fees
(DBN)

Former SEC lawyer uses crowdfunding to bring whistleblower actions
(DBN)

No, Biglaw, When It Comes to Diversity, You’re Not ‘There’ Yet
(DBN)

Do women’s initiatives work?
(DBN)

Along with political speech, many companies also claim they have religious liberty rights
(DBN)

Ethics issues to consider when offering unbundled legal services
(DBN)

Firms are at risk of security breaches inside and out
(DBN)

The Delaware Court Of Chancery Seems Annoyed With Juan Monteverde
(DBN)

Summer to see US firms Boies Schiller, Butler Snow open in London
(DBN)

A Transformation of the Business of Law
(DBN)

Cool Things Law Firms Are Doing in Marketing Part II
(DBN)

Vacation Time (Part 1) – With the Family
(DBN)

Following Market Crisis, Pa. Law Schools Look to Pack More In
(DBN)

Moot Court Craziness
(DBN)

New 'Snapchat For Work' App That Let's You Gossip With Your Coworkers
(DBN)

Lawyer gunned down at Texas shopping mall
(DBN)

Ex-offenders face tens of thousands of legal restrictions, bias and limits on their rights
(DBN)

Family living in glass home sues photographer who took pictures with zoom lens for art exhibit
(DBN)

Paralegal is found dead in lawyer’s bathtub
(DBN)

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Judges:

On Behalf of Bankruptcy Lawyers Everywhere, Mr. Liptak You Have Hurt Our Feelings --- Justices Agree to Agree, at Least for the Moment
(DBN)

Alito's Son Clerking at D.C. Circuit
(DBN)

Former state supreme court justice gets one year in bank fraud case
(DBN)

Judge faces ethics case, is accused of making independent investigation before ruling
(DBN)

High court poised for a month of high-stakes rulings
(DBN)

Heard in Ginsburg’s chambers: “I do”
(DBN)

Third Circuit Keeps "Kids For Cash" Ciavarella Behind Bars With Ruling
(DBN)

The Latest News in Law Clerk Hiring
(DBN)

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Wall Street:

US stock futures trend lower
(DBN)

Stocks close at another record as home prices, confidence surge
(DBN)

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

Rally monkey peeks out of his box, wonders if it’s safe to come out
(DBN)

Clawbacks Becoming Fashionable on Wall Street
(DBN)

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Layoffs:

Apps Are Replacing Humans In Retail Stores
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Tax:

Potential New Tax Planning Opportunities for Financially Distressed Pass-Through Entities
(DBN)

What the IRS did right
(DBN)

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Oil/Gas:

In US Energy Boom a Growing Tax Dodge
(DBN)

OPEC Concerned About America's Shale Boom
(DBN)

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Startups:

Startups have a incredibly high failure rate
(DBN)

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Municipalities:

Urban Renewal via Chapter 9?
(DBN)

Art Lovers Get the Fantods over Possible Detroit Museum Sale -- But Really, It's Only Money
(DBN)

Judge appointed to run Detroit's financially troubled 36th District Court
(DBN)

Orr Will Announce His Decision on Chapter 9 Petition in Five Weeks
(DBN)

Officials say Chicago suburb near bankruptcy
(DBN)

Why Houston Is America's #1 Job Creator
(DBN)

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Equipment Rental:

Ahern Improves Restructuring Plan to Win Bondholder Support
(DBN)

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Steel:

Stemcor Said to Hire Restructuring Chief Ahead of Lender Talks
(DBN)

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Economy:

Confidence Hits Five-Year High as US Housing Rebounds
(DBN)

Chicago Fed Midwest Manufacturing Index for April --- Richmond Fed Says May Manufacturing Index Improves --- Dallas Fed May Business Activity Index Rises to -10.5 From -15.6 in April
(DBN)

Obama Said to Pick Jason Furman as Next Top Economic Adviser
(DBN)

Sequester Shock and Now Awe
(DBN)

The 15 Countries With The Highest Quality Of Life
(DBN)

The Stunning Fall Of Generation X
(DBN)

World Growth Outlook Gets Cut
(DBN)

The economy is holding up surprisingly well in a year of austerity --- Why hasn’t austerity been more of a drag on the U.S. economy?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

US home prices rise 10.9 pct. in March from a year earlier, biggest annual gain in 7 years --- Strong Gains --- Real House Prices, Price-to-Rent Ratio, City Prices relative to 2000 --- Still quite a way from bubble levels
(DBN)

LPS: House Price Index increased 1.4% in March, Up 7.6% year-over-year
(DBN)

4% 30 Year Mortgage Rates?
(DBN)

Study: How Using Homes as ATMs Fueled Foreclosures
(DBN)

RMBS servicers shift focus to short sales
(DBN)

Fannie Mae Staffer Accused Of Taking Kickbacks Says He’s Not The Only One
(DBN)

Fixed-mortgage rates in U.S. rise for third consecutive week
(DBN)

Citigroup Settles Claims in $200 Billion FHFA Litigation
(DBN)

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Fraud:

Liberty Reserve indicted on digital currency money-laundering charges --- $6B money-laundering case --- Currency Customers Wonder If They’ll Get Their Money Back
(DBN)

Manhattan’s Vance Forms Financial Unit to Work With IRS, FBI
(DBN)

Ponzi Ran From China to USA, Lender Claims
(DBN)

____________

Autos:

Tesla vs. Chrysler: Who repaid loan first?
(DBN)

Ray Lane leaves Fisker board as bidders circle automaker --- Fisker loses key board member as bidders circle company
(DBN)

Elon Musk's fortune swells by $2.9 billion
(DBN)

Tesla shares race past $100 as investors shrug off Better Place
(DBN)

A look at select electric car makers' sales trends
(DBN)

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Health Insurance:

Obamacare is More Popular Than CNN Thinks
(DBN)

____________

Aviation:

Teamsters union seeks to displace union at American Airlines
(DBN)

American Airlines: It’s up to the mechanics to choose what union should represent them
(DBN)

____________

Retailing:

Tiffany's high-end jewelry sells briskly; lower end lags
(DBN)

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Mass Torts:

Court confirms Pittsburgh Corning plan
(DBN)

____________

Pets:

Cat-Litter Maker MFM Industries Seeks Bankruptcy Protection
(DBN)

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Startups:

Financial Ruin Consumes, and Ends, CEO's Life
(DBN)

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Awards:

199 Sidley Lawyers and 84 Practices Ranked in Chambers USA: America’s Leading Lawyers for Business 2013
(DBN)

Chambers USA 2013 Ranks Dorsey Lawyers and Practices
(DBN)

Thompson Hine Earns First-Tier Rankings in Chambers USA
(DBN)

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Health Care:

Interfaith Hospital Running Out of Cash as Merger Stalls
(DBN)

Obamacare Unveiled as California, New York Lead U.S.
(DBN)

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Financial Literacy:

What this country needs is a good money lesson
(DBN)

____________

Lehman:

Federal Judges Refuse to Permit “Shotgun” Style Mortgage-Buyback Lawsuits Filed by Lehman Brothers
(DBN)

____________

Museums:

Attorney appointed to determine value of slavery museum land
(DBN)

Crime Museum invests in master swindler Bernie Madoff
(DBN)

____________

Brokers:

MF Global Lessons Examined
(DBN)

____________

Celebs:

Lauryn Hill’s Tax Evasion a ‘Battle for Survival’: Lawyer
(DBN)

____________

Finance:

Arcapita Seeks New Bankruptcy Loan From Goldman
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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:

Fewer filing for bankruptcy in Harrisburg area and nationwide
(DBN)

Business bankruptcies in Texas plummet — for now
(DBN)

Ten Brands That Will Disappear in 2014
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

Fifth Circuit: Impairment Can Be “Artificial”
(DBN)

____________

UST:

Grading U.S. Bankruptcy Watchdogs
(DBN)

____________

Avoidance Actions:

Delinquent Property Tax Foreclosure: Is There “Reasonably Equivalent Value” or Not?
(DBN)

____________

Unsecured Debt:

Trade Creditors Getting Skunked in Bankruptcies
(DBN)

____________

Litigation:

E-Discovery Takeaways from the CEIC
(DBN)

____________

TBTF:

Time to Put the Heat on the Fed and FDIC to Fix Lousy Governance at TBTF Banks
(DBN)

Too-Big-to-Fail Myths, Goldman Sachs Edition
(DBN)

House subcommittee questions DOJ on “too big to jail” institutions
(DBN)

____________

Banking:

Bank Outlook to Stable by Moody's 5 Years After Cut
(DBN)

The 20 Highest Paid Bank CEOs In North America
(DBN)

TBTF Confers Little Funding Advantage, Goldman Finds
(DBN)

____________

Student Debt:

Higher education institutions, organizations endorse Warren’s student loan bill
(DBN)

9th Circuit OKs discharge of $53K in student-loan debt for law grad working as a probation officer
(DBN)

____________

Construction:

Highway Technologies closes doors; files for bankruptcy protection
(DBN)

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Corporate Governance:

The Top Schools For Producing Fortune 100 CEOs
(DBN)

___________

Food/Beverage:

The Curious Case of the European Vodka Seller
(DBN)

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Telecoms:

Otelco exits bankruptcy , repaid $28M
(DBN)

____________

Sovereigns:

Lee Buchheit: Crusader for financially stricken countries
(DBN)

Worse-Than-Cyprus Debt Load Means Caribbean Defaults to Moody's
(DBN)

____________

UK:

The future of pre-packs
(DBN)

Public cuts crippling business
(DBN)

Trouble ahead for UK High Street
(DBN)

Ugly Retail Sales Report From The UK
(DBN)

____________

EU:

Study: Germany to Blame for EU Crisis
(DBN)

Oil Probe That EU Says Mirrors Libor May Reveal Huge Damage
(DBN)

EU to Deliver Verdict on Slovenian Plan to Avert Outside Aid
(DBN)

Lending to Euro-zone Businesses Falls in April
(DBN)

____________

PIIGS:

Two things missing on Spain's route to recovery
(DBN)

Ireland defends tax regime after US' “tax haven” claims
(DBN)

Under austerity, Italians are scrapping cars for bikes
(DBN)

____________

Canada:

Can an Insolvency Court Revive a Terminated Contract?
(DBN)

____________

Germany:

German unemployment rises more than forecast in May --- Now It Makes Sense Why Germany Is Talking About Stimulus Easing Up On Austerity
(DBN)

____________

China:

China’s corporations are still gobbling up bad debt, even if its households are not 7 hours ago
(DBN)

IMF trims China growth outlook to 7.75%
(DBN)

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Copyright 2013