May 3, 2013

The Daily Bankruptcy News

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Law:

Businessweek Reporter: BigLaw Is “Crash Landing”
(DBN)

With Radical Changes, Law Firms Can Beat Recession
(DBN)

Law Firm Rents Entire Cruise Liner For Partner Meeting
(DBN)

The ATL Top 50 Law School Rankings
(DBN)

Former Dewey Execs Balk At Ex-Chair Davis's Deal
(DBN)

White & Case, Fox Rothschild Steer Coda Into Chapter 11
(DBN)

UK: Magic circle partner promotions fall 17% as female promotions see 60% drop-off
(DBN)

A Ten-Year View of The Am Law 100
(DBN)

From Biglaw to Boutique: Trying Times
(DBN)

Lawyers top daydreaming charts as 56 per cent fantasize about success
(DBN)

Virtual law firm grows exponentially
(DBN)

Dechert accuses a client of paying whopping bribes
(DBN)

DLA slashes promotions by 40 per cent
(DBN)

Patent attorney experiments with walk-in law practice
(DBN)

Law Revue Video Contest 2013: The Winner!
(DBN)

Didn't Get into Yale Law? Penn May Be the Next Best Thing.
(DBN)

Trustees to Vote on Penn State Law School Split on Friday
(DBN)

Law schools grapple with changing market for lawyers
(DBN)

How To ‘Win’ Final Exams: A Law Professor’s Advice Irks A Student Who Doesn’t Think It’s A Race
(DBN)

Progressive Professors Profit, Putting Pupils in Poverty
(DBN)

Lawyers plot gambling addiction suits as casinos go online
(DBN)

Could Law Schools PLEASE Stop Whining About The Nine Months After Graduation Statistic? You Sound Like Babies.
(DBN)

The Pros and Cons for Lawyers of In-Flight Wi-Fi
(DBN)

LinkedIn Contacts is a Game Changer
(DBN)

Heritage Linked Boston Suspect, Students
(DBN)

32 abused mentally disabled Iowa workers in $240m payout
(DBN)

Lawyer Says He'll Accept Bitcoins From Clients To Keep Things 'Discreet'
(DBN)

Lawyer concedes: Michael Jackson is dead - CNN.com
(DBN)

16-Year-Old Florida Honor Student Charged With Two Felonies For Doing A Science Experiment
(DBN)

2 lawyers who say their bookkeeper fled to Argentina with $4.8M in client funds are disbarred
(DBN)

Disgruntled Allen & Overy employee makes dirty protest at work
(DBN)

Body found up law firm chimney
(DBN)

Animosity between lawyers in case deepens with misconduct claims
(DBN)

The Most Expensive Lawyer in Hollywood? (scroll down)
(DBN)

Former Fling Of Bombing Suspect: The New Jailed Suspects 'Idolized' Dzhokhar
(DBN)

Tupac's Godmother Has Become The First Woman On The FBI's Most Wanted Terrorist List
(DBN)

Video of the Reese Witherspoon arrest is out, and it's crazy
(DBN)

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Judges:

Judge is suspended for jailing lawyer who advised his client not to answer drug-use questions
(DBN)

Coming soon: Scalia and Ginsburg, the Opera
(DBN)

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Wall Street:

US Stock-Index Futures Are Little Changed Before Jobs Report
(DBN)

Stocks Close Higher on European Stimulus, Job Outlook
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Layoffs:

Productivity in US Rises as Companies Try to Cut Labor Costs
(DBN)

Jobless Rates Fall in 90% of Cities
(DBN)

Millions Of Americans Are Leaving The Workforce. Why?
(DBN)

The Vanishing Middle: Job Polarization and Workers’ Response to the Decline in Middle-Skill Jobs
(DBN)

U.S. Layoffs Drop 23% in April From March
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Lehman:

Lehman's Bankruptcy Worked Out Well For Intel, Anyway
(DBN)

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Municipalities:

San Bernardino bankruptcy sparks recall effort
(DBN)

No more California muni bankruptcies seen this year -S&P
(DBN)

California's bankrupt Stockton reaches debt settlement with Ambac
(DBN)

Roy Roberts steps down as DPS emergency manager
(DBN)

Illinois House passes sweeping pension fix in close vote
(DBN)

Why Rhode Island isn’t defaulting on its moral obligations
(DBN)

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Autos:

GM Narrows Quarterly Loss in Europe, Outperforming Ford
(DBN)

GM reports 14%decline in 1Q earnings
(DBN)

The Electric Car Startup That Just Went Bankrupt Never Got A Federal Loan
(DBN)

Fisker Automotive: Fraught With Failure
(DBN)

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Economy:

US jobless claims fall to 5-year low of 324K --- Trade Gap Falls, Too --- Real Jobless Rate Above 10% in Most States --- The World's Most Beautiful Stock Market Indicator Continues To Work Perfectly
(DBN)

Congress: No more unemployment data for U.S.
(DBN)

Trade Deficit declined in March
(DBN)

US: Manufacturing Slows, Construction Falls
(DBN)

Stockman: Fed is a Central Bank Gone Crazy
(DBN)

Fed Blames Sequester for US Economic Woes
(DBN)

What an Internet sales tax will cost you
(DBN)

World’s Fastest & Slowest Growing Economies
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

15-year mortgage rate hits record low --- Mortgage rates flirt with record lows: Freddie Mac
(DBN)

Across The Country, Renters Are Getting Crushed By Housing Costs
(DBN)

Underwater and over-bought
(DBN)

Sabal Financial Launches Advisory Firm for CMBS Lenders, Investors
(DBN)

Mortgage Principal Reductions Back in Focus --- Principal Forgiveness, Still The Best Way To Limit U.S. Mortgage Redefaults, Is Becoming More Prevalent --- A New Wrinkle in the Debate Over Principal Reduction
(DBN)

Pressure to clip Fannie and Freddie's wings
(DBN)

Fannie, Freddie need a permanent fix
(DBN)

Watt Is Obama's Pick To Lead The FHFA --- Mel Watt nomination faces long odds
(DBN)

Are MBS trustees inherently conflicted? Key judge hints they're not
(DBN)

MBIA Settles Flagstar Mortgage Lawsuit for $110 Million
(DBN)

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Aviation:

Pinnacle Emerges from Bankruptcy , Now Owned by Delta
(DBN)

Frontier Airlines now charging $100 for carry-on bags
(DBN)

Air France-KLM losses mount sharply to €630m
(DBN)

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Electricity:

Energy Future 1st-Quarter Loss Widens On Hedging Impacts
(DBN)

Great Falls electricity arm settles with SME
(DBN)

Solar Is Going To Change The World Much Faster Than Anyone Expects - Cheaper Than Coal
(DBN)

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Photography:

Retired Kodak execs seeking to force negotiations
(DBN)

Post- Bankruptcy , Kodak Will Be Commercial Printing Business
(DBN)

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Fashion:

Lindsay Phillips Files for Bankruptcy
(DBN)

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Furniture:

Kreiss Collections files for Chapter 11
(DBN)

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Mass Torts:

Parties still await judge's ruling in asbestos bankruptcy case
(DBN)

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Health Care:

Sutter Health files under WARN Act for 169 NorCal layoffs
(DBN)

Why Are People with Health Insurance Going Bankrupt?
(DBN)

What's Government Insurance Really For? Lessons From the Medicaid Study
(DBN)

Study: Medicaid reduces financial hardship, doesn’t quickly improve physical health --- Here’s what the Oregon Medicaid study really said --- Fire Insurance Is Worthless!
(DBN)

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Credit Reporting:

CFPB Finally Fixes the “Anti-Housewife” Rule
(DBN)

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Banking:

FDIC Sues Tarkanian Family for $17 Million
(DBN)

FDIC Suit Seeks $128M from Leaders of Failed Midwest Bank
(DBN)

Regulators Blame Libor Fixing On The S--, Drugs, And Lavish Perks Of London Banking
(DBN)

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Bankruptcy Crimes:

Dearborn Heights man admits he hid cars, cash in bankruptcy filing
(DBN)

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Waste:

Owners Of Landfill Methane Project File For Bankruptcy
(DBN)

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Alternative Energy:

SolarWorld CEO says Qatari investor eyes stake
(DBN)

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Video Games:

Section 8 dev files for bankruptcy protection
(DBN)

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Pensions:

The Great Pension Derisking
(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 (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
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Eligibility:

Gay Couple's Bankruptcy Filing Challenges DOMA
(DBN)

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UCC:

Recent Case Highlights the Importance of Using a Debtor's Exact Name on a UCC Financing Statement to Perfect a Security Interest
(DBN)

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Plan Confirmation:

Not Everything Is Bigger in Texas – The Fifth Circuit’s Recent Cramdown Interest Decision
(DBN)

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Bankruptcy Fees:

A Tobin Tax, Bankruptcy Style
(DBN)

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Recent Pleadings:

Oil & Gas: VPR Creditors Committee Files Emergency Trustee Motion
(DBN)

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TBTF:

Bankruptcies, Bail-Outs & Bail-Ins: The Good, Bad & Ugly Of Bank Failure Resolution
(DBN)

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Insurance:

Report: MBIA wobbly, faces possible regulatory seizure
(DBN)

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Distressed Investing:

Private equity leaves Salem with $1B for distressed investment
(DBN)

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Education:

School Specialty bankruptcy advances
(DBN)

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Trucking:

Pilot Flying J Slammed With Multi-Million Dollar Lawsuits
(DBN)

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Tax:

Former Deputy Attorney General Pleads Guilty to U.S. Tax Evasions
(DBN)

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Labor:

NYC’s 20 Most Desirable Employers
(DBN)

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Corporate Reform:

CFPB Zeroes in on Payday Loans --- FDIC and OCC Propose Guidance on Payday Loans --- Payday Lenders Lash Out at CFPB
(DBN)

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Retailing:

Rite Aid Reports Same Store Sales Down
(DBN)

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Fraud:

Ex-fund manager sentenced to prison for insider trading
(DBN)

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Religion:

Abuse Victims Sue Religious Order
(DBN)

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UK:

Bankruptcy at lowest level since start of financial crisis
(DBN)

Funding less of an issue but growth proves elusive – R3 survey
(DBN)

Experts predict insolvency fall
(DBN)

Personal insolvency levels fall 16%
(DBN)

George Osborne should start selling the government's RBS and Lloyds stakes now
(DBN)

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EU:

European shares and bonds up after ECB cut
(DBN)

Forecasts Reveal Bleak Picture for Euro Zone
(DBN)

The Official Projection For How Much The Cyprus Economy Is Going To Get Crushed This Year
(DBN)

Across Northern Europe, where the practice of burning garbage to generate heat and electricity has exploded in recent decades, demand for trash far outstrips supply
(DBN)

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PIIGS:

Ireland: Manufacturing Drops Most in 4 Years
(DBN)

EU Sees Spain Deficit Rising in 2014 Without Further Budget Cuts
(DBN)

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Lithuania:

Lithuania's Ukio Bankas Enters Bankruptcy as Administrator Named
(DBN)

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