November 27, 2013

The Daily Bankruptcy News

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Due to the Thanksgiving holiday, The Daily Bankruptcy News will not publish on Thursday and Friday, November 28 and 29, 2013

Law:

This Craigslist Post Expresses The Rage Of A Lost Generation Of Lawyers Through Genius and F-Bombs
(DBN)

Where Are The Biglaw Bonuses?
(DBN)

Turf Wars; Partners Hoard Work, Associate Training Fades, Knowledge Management and Project Management Reign
(DBN)

The Best Of Hours, The Worst Of Hours: ATL Survey Ratings
(DBN)

Biglaw Firm To Farm Out Real Work To Contract Attorneys — By Associate Request
(DBN)

Fury as lawyers’ fees top $1,380 an hour
(DBN)

Latham & Watkins Settles Pregnancy Discrimination Lawsuit
(DBN)

Duane Morris Colleague Grabbed Credit, Fee for Client, Suit Says
(DBN)

Longtime government lawyer left $188M charitable trust, including record gift to his law school
(DBN)

Why Young People Are Rejecting Law School
(DBN)

A Bad Week for Law-Firm Hook-Ups: Another Possible Merger Fails
(DBN)

Another Biglaw Deal Bites The Dust: McKenna No Longer Longs For Dentons --- McKenna partners nix Dentons megamerger
(DBN)

Client Conflicts Undermine Planned Merger of 2 Law Firms
(DBN)

Business of Law --- Business of Law (2)
(DBN)

Adventures In Law Firm Holiday Party Invitations
(DBN)

A Biglaw Year-End Checklist
(DBN)

Former general counsel takes new job as student tour guide
(DBN)

Therapy Dogs Aid Stressed-Out Law Students
(DBN)

Students fuming after law lecturer’s mistaken claim that exam cut by fire alarm would be rescheduled
(DBN)

Using Skype to bridge the distance
(DBN)

Ergonomic E-Reading for Mobile Lawyers
(DBN)

Spies are freaking out about Edward Snowden's 'doomsday' secrets
(DBN)

Son Of Alleged Drug Kingpin Has Amazing Twitter Feed Full Of Guns And Cash
(DBN)

A 10-Year-Old Adam Lanza Created A Horrifying Book About Hurting Children
(DBN)

Workers or their heirs collect back pay 44 years after suit was filed
(DBN)

Suicidal woman sues police for saving her life
(DBN)

Man Takes Revenge on Wrong Child After Son Hurt in Football Game
(DBN)

Amish buggy horse killed in drive-by shooting
(DBN)

Claimed affair with client leads to lawsuits, misdemeanor plea, disbarment for NC attorney
(DBN)

Credit union robbery in a Bucky Badger hat nets three-year suspension for lawyer
(DBN)

George Zimmerman Had 5 Guns And 100 Rounds Of Ammo When Police Arrested Him For Domestic Violence
(DBN)

Edward Snowden's 'Insurance Policy' Likely Means Life Or Death For Several Unnamed People --- NSA Spied on Target's P--- Habits
(DBN)

The DOJ's 'New York Times problem' with Assange
(DBN)

Appeals court considers whether Justice Department memo should be made public
(DBN)

Army Officer Who Tried Blaming Twin Brother For Assaults Pleads Guilty
(DBN)

‘Butterball’ operation pits cops dressed as turkeys against drivers who violate crosswalk laws
(DBN)

Online juror form listed ‘slave’ as occupation
(DBN)

?Woman Allegedly Assaulted for Taking Too Long at Redbox Kiosk
(DBN)

Mall Santa Busted For Groping Female Elf, 18
(DBN)

You Can Thank Abe Lincoln’s 11-Year-Old Son For The Presidential Turkey Pardon
(DBN)

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Judges:

Judge Wilkinson Calls Demise of Filibuster a ‘Sad’ Moment
(DBN)

Delaware's Departing Chief Justice to Join State Law Firm
(DBN)

Judge claims cops used excessive force when stopping him for seat-belt violation
(DBN)

And Was His Honor ‘Stoked’ As Well?
(DBN)

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Wall Street:

U.S. Stock Futures Little Changed
(DBN)

US Stocks Pare Gains Amid Rebalancing, Housing Data
(DBN)

The Man Who Worked At Goldman For 80 Years Has Died
(DBN)

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Layoffs:

Waterton Global Mining lays off 182 in Nevada
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Barnes & Noble Falls Despite Surprise Q2 Profit As Sales, Outlook Remain Gloomy
(DBN)

How is Hastings still in business as competitors fold?
(DBN)

Black Friday: A Retail Illusion
(DBN)

Black Friday: A Good Day for Retail, a Dark Day for Suppliers
(DBN)

Thanksgiving Shopping: Can It Turn Retail Revenues from Bleak to Black?
(DBN)

As Black Friday nears, consumer sentiment drops further
(DBN)

Complete List Of Black Friday Store Hours
(DBN)

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Celebs:

Casey Anthony settles fraud lawsuit
(DBN)

Alec Baldwin Blames Gays for Show Ending
(DBN)

Judge Rejects OJ's Bid for a New Trial
(DBN)

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Electricity:

Berkshire Said to Reduce Its Energy Future Bond Stake
(DBN)

Judge fires trustee from bankruptcy case --- Trustee is fired from co-op case
(DBN)

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Hedge Funds:

At Least Steve Cohen Can Still Sell A Lot Of Sick SAC Capital Real Estate
(DBN)

FX Concepts Seeks to Sell Assets to Ruby Commodities
(DBN)

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Health Care:

The Disastrous Launch Of Obamacare Has Caused A Remarkable Collapse In Democratic Poll Numbers
(DBN)

Contraceptive-coverage mandate will be reviewed by Supreme Court
(DBN)

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Alternative Energy:

Fisker bankruptcy case on fast track
(DBN)

Fisker’s bankruptcy filing reveals high-profile creditors from Washington, Valley, Hollywood
(DBN)

Fisker Bankruptcy Judge to Consider Approving Sale Jan. 3
(DBN)

Losses Mount at JA Solar and LDK Solar
(DBN)

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Economy:

A December 'Taper' Is Getting Closer — But We're Still Waiting On One Big Number
(DBN)

The State Of The US Economy In One Awesome Annotated Heatmap
(DBN)

Consumer Confidence Falls
(DBN)

America's Real Effective Corporate Tax Rates
(DBN)

Richmond Fed Crushes Expectations
(DBN)

People Are Still Talking About That Amazing Larry Summers Speech — And It Can Be Summarized In Two Sentences
(DBN)

Pope Publishes Powerful Critiques Of Modern Capitalism
(DBN)

Nomura: It's The End Of The End Of The World
(DBN)

How The Fed Is Causing Bubbles
(DBN)

The highest minimum wage in the country
(DBN)

The Most Accurate Economists On Wall Street
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Sept. home prices up 13.3% from year ago --- Biggest Gain Since February 2006
(DBN)

Housing data boost US outlook
(DBN)

US house price gains to downshift abruptly next year
(DBN)

Still Deleveraging American Homeowners
(DBN)

Shiller on Housing: Don't Trust Momentum
(DBN)

Building Permits Hit Highest Level Since June 2008
(DBN)

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Municipalities:

Warren Buffett Says Market For Detroit Debt Will Pick Up Again If Bankruptcy Plan Is Made --- Warren Buffett calls Detroit land of 'huge potential' --- Blankfein With Buffett Assures Detroit, Says NY Recovered --- Right plan would restore market for Detroit debt
(DBN)

Detroit bankruptcy creditors ask judge to take steps toward sale of DIA treasures --- Detroit bankruptcy creditors, bond insurers seek role in valuing DIA --- Creditors demand full DIA appraisal
(DBN)

Street lighting plan under scrutiny at bankruptcy hearing
(DBN)

Detroit retirees drop objection to interest-rate swap deal
(DBN)

Tax-Exempt Market Shrinking for Longest Since 1945
(DBN)

Bailouts for Cities?
(DBN)

Private Toll Road Investors Shift Revenue Risk to States
(DBN)

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Mass Torts:

Court Permits Asbestos Plaintiffs To Sue a Dissolved and Liquidated Corporation Through Service of Process Upon a Liability Insurer
(DBN)

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Aviation:

AMR Judge to Rule on Merger Accord Today, Lawyer Says
(DBN)

The Winter Storm Has Hit The World's Busiest Airport, And The Delays Are Starting To Pile Up
(DBN)

How To Have A Better Experience While Flying Coach
(DBN)

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Television:

Houston Astros' Stake in TV Network at Issue in Suit by New Owner
(DBN)

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Personal Finance:

The 37 Best Gadget Gifts You Can Buy This Year
(DBN)

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Media:

GateHouse Media officially done with bankruptcy
(DBN)

Financially Troubled Frontiers Magazine Appears to Have a Buyer
(DBN)

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Tax:

Treasury Department proposing new rules on tax - exemption eligibility
(DBN)

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Mass Torts:

In Montana Town, a Shut Mine Leaves an Open Wound
(DBN)

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Apparel:

Meet Eminence Capital: The Hedge Fund Pushing for Men's Wearhouse Deal
(DBN)

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Religion:

Wis. clergy abuse victims lobby Vatican on claims --- Milwaukee priest abuse victims ask Vatican to rescind cemetery letter
(DBN)

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Bankruptcy Crimes:

Prison for fraud scheme involving former Philadelphia traffic court judge
(DBN)

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IP:

Federal Judge Rules Domain Names Are Not Property Under Virgina Law
(DBN)

Kodak Retains Valuable Patents That Were Supposed to Be Sold to its Pension Plan
(DBN)

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Museums:

Archway gets city support on 3-1 vote
(DBN)

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Commodities:

Banking in Control of Metals Warehousing
(DBN)

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Shipping:

Excel Maritime Announces Agreement On Terms Of Plan Of Reorganization
(DBN)

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Holidays:

New York's Penn Station Is a Nightmare
(DBN)

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Food/Beverage:

Bankruptcy Filing Shows 59 Companies Looking to Buy Allens Inc.
(DBN)

The Yucaipa Cos. completes acquisition of Fresh & Easy
(DBN)

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Corporate Reform:

US SEC charges Detroit money fund manager with fraud
(DBN)

Bankers Tied to $13bn Settlement Doing Fine
(DBN)

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Hotels:

Bankruptcy court judge approves sale of Trenton's Lafayette Yard Hotel
(DBN)

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Compensation:

Executive Compensation and Populist Discontent
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (54 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
(DBN)

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Bankruptcy Alternatives:

How to Orchestrate an Out-of-Court Restructuring
(DBN)

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Pensions:

The First Circuit Fires a Shot Across the Bow of Private Equity Funds: Too Much Control of Portfolio Companies May Lead to Pension Plan Withdrawal Liability
(DBN)

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Cross-Border:

Chapter 15 Recognition Mandatory and Fully Encumbered Assets Are "Property of the Debtor" Protected by Automatic Stay
(DBN)

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Exemptions:

U.S. High Court To Rule On Bankruptcy Exemption For Inherited Retirement Accounts --- Court to chart fate of inherited IRAs in bankruptcy
(DBN)

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Avoidance Actions:

Shifting Assets, Shifting Burdens: “Indirect Benefits” and the Burden of Production in Fraudulent Transfer Cases
(DBN)

Stockbroker Defense Shields Ponzi-Scheme Broker Fees and Commissions From Avoidance
(DBN)

LLC Member: Is a Pre-Bankruptcy Expulsion Vulnerable to Attack?
(DBN)

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Unexpired Leases:

First Impressions: Commercial Leases May Be Assumed Within 210-Day Deadline and Assigned Later
(DBN)

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Claims Trading:

KB Toys: Don’t Play with Clouded Claims
(DBN)

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Setoffs:

Another Blow to Triangular Setoff in Bankruptcy
(DBN)

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TBTF:

Structural Corporate Degradation Due to Too-Big-To-Fail Finance
(DBN)

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Litigation:

Judges Address the 3 'P's of E-Discovery at Georgetown Panel
(DBN)

When Can You Lift a Litigation Hold?
(DBN)

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Environmental:

Settlement Agreements under CERCLA and the United States Bankruptcy Code
(DBN)

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Fraud:

A Former Bernie Madoff Partner Just Sold His Amagansett Beachfront Home For $11 Million
(DBN)

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Banking:

Litigation, mortgage demand weigh on US bank profits in Q3 - FDIC
(DBN)

FDIC's Hoenig to Weigh Easing U.S. Bank Leverage Rule
(DBN)

US Banks Earned $36bn in 3Q
(DBN)

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Accounting:

Enron What? Auditors Jump Back Into Consulting
(DBN)

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Video Games:

Curt Schilling claims Amalur IP is groundbreaking, worth $1 billion
(DBN)

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Furniture:

Heritage, formerly Furniture Brands, fires more executives
(DBN)

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Trucking:

Pilot Flying J settlement to trucking companies gets court approval
(DBN)

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UK:

Dismissals In An Insolvent Business – Is The Buyer Always Liable?
(DBN)

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PIIGS:

Hopes over bank deals as man gets 70pc debt write-off
(DBN)

Monte Paschi needs cash call to stay in Siena, top execs say --- EU regulators clear Monte Paschi restructuring plan
(DBN)

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Canada:

PetroGlobe Inc. Files for Bankruptcy
(DBN)

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Germany:

Germany's Globus close to deal for 58 Max Bahr stores: sources --- Talks to sell insolvent DIY chain Max Bahr's stores fail
(DBN)

Some German insurers may fail under new capital rules -watchdog
(DBN)

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Netherlands:

Options for a speedy restructuring through bankruptcy
(DBN)

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Finland:

Talvivaara's top creditor withdraws support for reorganization
(DBN)

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China:

Wealthy Chinese Now Have More Than $650 Billion Stashed Overseas — Here's Where It's Going
(DBN)

Record Spread Blowout Sparks Mini-Crisis Warning
(DBN)

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Hong Kong:

Hong Kong Court Declares Ex-Official Hui Bankrupt, RTHK Says
(DBN)

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Brazil:

OSX Brasil board elects Euchério Rodrigues Chief Executive
(DBN)

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