October 1, 2013

The Daily Bankruptcy News

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Law:

Slight slowdown in work for associates shown in two surveys; should they be concerned?
(DBN)

Rough winter ahead, in terms of law firm growth
(DBN)

Are Lawyers Really Getting Happier?
(DBN)

Dentons, McKenna Long Confirm Merger Talks
(DBN)

A Biglaw Firm That’s In Big Trouble
(DBN)

How to Handle the Client from Hell
(DBN)

The Path To Partnership
(DBN)

Divorce Tips For The Biglaw Wife
(DBN)

And Now, A Very Important Message About Lunch
(DBN)

The Recession's Winners and Losers --- Most Revenue --- Most Profits Per Partner
(DBN)

Kirkland, DLA Piper Work on Active Deal: Business of Law
(DBN)

The Wow Factor: YouTube Helps Lawyers Create Infographics
(DBN)

Recreating Law School
(DBN)

Cooley Law defamation suit against law firm and bloggers critical of its job stats is nixed by judge
(DBN)

The Law Schools With The ‘Best Value’ (2013)
(DBN)

Oops! Lawyer for Fortune 100 Company Wants Trial ‘On All The C**ts’
(DBN)

Lawyer writes Congress with his money-saving idea: Fire me and my co-workers
(DBN)

My Month With An iPad
(DBN)

What new legal services jobs have emerged in the last five years? And what does the future hold?
(DBN)

Salvage company that lost $600M sunken ship case must pay $1M to Spain for ‘abusive litigation’
(DBN)

Lawyer accused of shooting himself, making up story of attack by third party takes misdemeanor plea
(DBN)

Is Florida too tough on lawyers using LinkedIn and Twitter? Endorsements and short skirts targeted
(DBN)

A Tale Of Two Edits
(DBN)

Why California Really Is The Car Theft Capital Of America
(DBN)

Why Louisiana Is The Murder Capital Of America
(DBN)

Jury mulls Michael Jackson case, as lawyer for family complains of defense counsel ‘smugness’
(DBN)

Here's What I Learned When I Tried To Get Justice From A Cab Driver Who Almost Killed Me
(DBN)

Here Are The Reviews For The Final Episode Of 'Breaking Bad' --- Warren Buffett's Fourth Tweet Ever Was About 'Breaking Bad' --- Two Songs In The 'Breaking Bad' Finale Perfectly Explain Everything --- The 7 Best Moments From The 'Breaking Bad' Finale --- 'Breaking Bad' Finale Illegally Downloaded More Than 500,000 Times in 12-Hour Period
(DBN)

Man Named Fudge Arrested for Stealing Desserts
(DBN)

Couple Having S-- on Railroad Tracks Fails to Notice Oncoming Train
(DBN)

Thugs Armed with Tasers Terrorizing DC Streets
(DBN)

Barrister Hottie of the Week: The Mark Darcy Duel
(DBN)

Fencing coach uses sword to foil robbery
(DBN)

Is There Anybody Left We Can Harass At Work?
(DBN)

Say What?!
(DBN)

______________

Judges:

SD IL: Chief judge: Shutdown won't affect federal courts here
(DBN)

Federal judges to remain on the job - Unclear whether magistrate and bankruptcy judges will be paid until the crisis is resolved
(DBN)

In Government Shutdown, Civil Litigation Takes Hit
(DBN)

District of Nebraska’s “shutdown” plan
(DBN)

Indictment: Man lay in wait and shot at federal judge, at home, with high-powered rifle
(DBN)

Federal judges increasingly tap special masters to handle pretrial morass in complex cases
(DBN)

Judge gives murderer 53 years to life, then conducts his marriage ceremony and provides cake
(DBN)

Blind Judge Calls Football Games
(DBN)

______________

Wall Street:

U.S. Stock-Index Futures Advance Amid Government Shutdown
(DBN)

Markets Don't Care That The Government Just Shut Down

Stocks slide as hopes fade for budget deal
(DBN)

Threats to stocks loom as fourth quarter kicks off
(DBN)

Buffett Poised to Get $2 Billion Goldman Stake
(DBN)

______________

Layoffs:

The Current Job Market Is Shockingly Bad For 20-Something Men
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

JC Penney sinks to lowest since 1929 crash
(DBN)

One Of The Top Hedge Fund Holders Of J.C. Penney Stock Dumped Half Its Stake
(DBN)

____________

Telecoms:

BlackBerry analysts see deal likely below $9
(DBN)

Caveat Emptor for BlackBerry Customers, Experts Say
(DBN)

U.S. Bancorp : Judge Set to Approve Auction Rules for LightSquared Assets
(DBN)

Lightsquared Seeks to Halt Harbinger's GPS Suit for 60 Days
(DBN)

LightSquared Has Agreement With Lenders on Auction Process
(DBN)

____________

Food/Beverage:

Tesco's Fresh & Easy declares bankruptcy to ease sale to Burkle
(DBN)

Filing Details Fresh & Easy Debts
(DBN)

Rouses Markets Acquires Six Stores In Alabama
(DBN)

Anthony Bourdain On Frito Pie
(DBN)

____________

Student Debt:

Elizabeth Warren Advocates for Vast Student Loan Reforms --- Urges Bankruptcy Option for Private Student Loans
(DBN)

CFPB launches toolkit to help teachers tackle student debt
(DBN)

____________

Retailing:

Is J.C. Penney On The Verge Of Bankruptcy?
(DBN)

Budget-Conscious Customers Are Abandoning Wal-Mart For Dollar Stores
(DBN)

JC Penny shares sink ahead of stock sale
(DBN)

____________

Metals:

Ormet seeks more time to file Chapter 11 bankruptcy plan
(DBN)

____________

Economy:

The Federal Government Shuts Down For The First Time In 17 Years --- John Boehner Gives A One-Minute Shutdown Press Conference, And Walks Off After Taking Two Questions --- It Increasingly Looks Like Obama Will Have To Raise The Debt Ceiling All By Himself --- Obama Releases A Message To The Troops On The Shutdown: Congress Has Failed You --- Even With The Government Shutdown, 80% Of Federal Employees Will Keep Working --- Shutdown: Is There a Danger to the Economy? --- Cruz Tries to Pass the Buck --- Why A Government Shutdown Is Actually Bad News For The Debt Ceiling Fight --- Senate Republicans Are Floating An Extremely Short Solution To Avoid A Government Shutdown --- Why Some Crazy Republicans Want To Shut The Government Down --- Moderate Republicans Are Revolting Against The Push To Defund Obamacare --- This Exchange Between Harry Reid And John Boehner Says Everything You Need To Know About The GOP Right Now --- A Complete Guide To Every Government Shutdown In History --- Stocks Are Selling Off As A Government Shutdown Looms --- Wall Street in broad slump as government shutdown draws near --- 3 ways to abolish the debt ceiling --- Shutdown Shows Washington's Breakdown --- Obamacare push accelerates as government shutdown nears --- Crude dragged lower by US shutdown fears --- Jobs Report Won't Be Released Oct. 4 If U.S. Government Shut --- S&P: Budget, debt fights unlikely to send US credit rating down --- Shutdown And Debt Ceiling Debate Prove U.S. Not Worthy Of AAA Credit Rating
(DBN)

Shutdown may force me into bankruptcy : Federal worker
(DBN)

Debt Ceiling Wall of Worry Is Another Reason for U.S. Investing
(DBN)

Dallas Fed Manufacturing Explodes Higher
(DBN)

Treasury Sales Would Continue in Shutdown With Data in Doubt
(DBN)

Fed Too Familiar With Lost Workers Seeks New Guideposts
(DBN)

The Counties In America With Above-Median Incomes
(DBN)

Uh-Oh: The Economic 'Canary In The Coal Mine' Looks Sickly
(DBN)

Is Obamacare a Jobs Killer?
(DBN)

Study: World Not Ready for Aging Population
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Bankruptcy Woes March On at Murray Hill's Morgan Lofts
(DBN)

Wells Fargo in $869 Million Settlement With Freddie Mac
(DBN)

____________

Municipalities:

Detroit learns that being broke ain't cheap
(DBN)

Man keeping tabs on Detroit bankruptcy fees submits August bill: $47,897.35
(DBN)

Following Chapter 9 Plan, Monoline Insurer Must Continue to Make Payments on Old Bonds
(DBN)

Proposed bill would prevent emergency managers from giving work to former employers
(DBN)

Detroit bankruptcy filing details $59M in unpaid invoices
(DBN)

Fitch's downgrades Detroit bonds --- Rating downgraded after not making payments
(DBN)

Detroit's expected bond default seen raising constitutional issue
(DBN)

The Obama Administration and the Detroit Bankruptcy --- US sending bankrupt Detroit $300 million. Think 'stimulus,' not 'bailout'
(DBN)

Obama's Detroit Bailout
(DBN)

How Kwame Kilpatrick's Wall Street Deal Helped Bankrupt Detroit
(DBN)

A 10-Foot RoboCop Statue Is Being Built In Detroit Thanks To Successful Kickstarter Campaign
(DBN)

Saving the Detroit Institute of Arts: The Case for Forgeries --- A suggestion to replace art with reproductions in bankrupt Detroit
(DBN)

Why Is Detroit Mulling a Tax Break for General Motors?
(DBN)

Detroit Bankrupt Disaster Decades in the Making
(DBN)

Detroit What's Left After Bankruptcy
(DBN)

Bankrupt Stockton “Throws Down the Gauntlet” --- Stockton Proposes Bankruptcy Exit Plan
(DBN)

Stockton May Dodge Pension Battle If Deals Hold
(DBN)

Stockton cutting deals with bond insurers
(DBN)

10 Cities Where People Are Actually On Track For Retirement
(DBN)

____________

Hollywood:

Creditors in ThinkFilm Bankruptcy Ask Judge to Step Aside
(DBN)

____________

Mass Torts:

Judge Hears Claims BP Lied to Feds About Oil Spill
(DBN)

Judge sets deadline for meningitis claims
(DBN)

____________

Celebs:

Teresa Giudice Doesn't Understand Indictment Charges, Joe Says "We Never Lived Beyond Our Means" --- 'Teresa Giudice: 'Fraud charges are devastating'
(DBN)

Eva Longoria producing mother-daughter legal drama for NBC
(DBN)

____________

Aviation:

American Airlines plans to hire 1500 pilots
(DBN)

Lawsuit over American Airlines-US Airways merger has produced nearly two million documents
(DBN)

Retirements will prompt about half the 1,500 American Airlines pilot hires over next five years
(DBN)

Tom Horton to American Airlines employees: You can look forward to profit sharing, probably
(DBN)

American Airlines parent AMR earns $71 million in August
(DBN)

Airlines promise a return to civility, for a fee
(DBN)

____________

Health Care:

Physiotherapy Associates' Bankruptcy and the Future Private Equity Investments in Healthcare
(DBN)

Obamacare confronts its biggest challenge
(DBN)

____________

Furniture:

Could objection by trustee lead to new bidders for Furniture Brands?
(DBN)

____________

Education:

Freebies for the Rich
(DBN)

____________

Data:

Data company TLO weighs offers
(DBN)

____________

Corporate Reform:

Canaries, Coal Mines, and the CFPB
(DBN)

____________

Financial Literacy:

Cordray: Financial education should be on par with history
(DBN)

____________

Autos:

Old GM Settles Lawsuit With Hedge Funds, Ex-Parent
(DBN)

US auto industry's remarkable recovery
(DBN)

____________

Golf:

Foreclosure auction looms for Woodlake Golf Club
(DBN)

____________

Tech:

Nirvanix confirms abrupt shut down rumors --- A Nirvanix Post Mortem - Why There's No Replacement For Due Diligence
(DBN)

____________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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:

Bankruptcies decline in Minnesota
(DBN)

Bankruptcy filings drop as Americans shed debt
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Tax:

Bankruptcy Court Has Jurisdiction to Reopen Ch. 11 to Consider Plan's Tax Consequences
(DBN)

____________

Chapter 13:

Chapter 13 Plan Binds Chapter 13 Trustee, Says Eleventh Circuit
(DBN)

____________

Government Contracts:

Issues Facing Business Partners of Bankrupt Government Contractors
(DBN)

____________

Insurance:

D&O Insurance: How Many Different Ways Can Coverage Be Precluded for a Single Case?
(DBN)

____________

Opera:

George Steel, Who Briefly Led the Dallas Opera, Can’t Save City Opera From Bankruptcy --- New York opera company falls short of fundraising goal --- N.Y. City Opera Lawyer Expects Bankruptcy Filing Oct. 2 --- Bloomberg Says City Opera Is On Its Own --- Placido Domingo: New York City Opera demise would be a 'tragedy' --- The Failures of Crowdfunding: No, Kickstarter Cannot Support an Opera Company
(DBN)

____________

Television:

Astros will fight bankruptcy case against ComcastSportsNet Houston --- Comcast to bid for Houston sports network if court forces sale --- Not a Conspiracy Theory After All: CSN Files Bankruptcy Petition --- Comcast cites 'total gridlock' --- CSN Houston faces bankruptcy dispute, president steps down
(DBN)

____________

Hotels:

Miami Beach Banker Party Shows Why Hotel Debt Fills Bonds
(DBN)

____________

Banking:

JPMorgan Employee Said to Be Cooperating in RMBS Probe
(DBN)

Bank Secrets Exposed in EU’s Credit Derivatives Antitrust Probe
(DBN)

____________

Coal:

Weak coal demand prompts WARN notice by Alliance Resource
(DBN)

____________

M&A:

Strategic Acquirers Jeopardize Credit Ratings
(DBN)

____________

Sovereigns:

US Supreme Court considers hearing Argentina bonds case
(DBN)

____________

UK:

Insolvency unit is spun off in ABS first
(DBN)

No increase in UK insolvency rate for 12 months running
(DBN)

Consultation to simplify insolvency process launched
(DBN)

BLP confirms 40% PEP fall during 'challenging' 2012/13
(DBN)

____________

EU:

EU Consultation on New European Approach to Business Insolvency
(DBN)

This Latest European Economic Data Doesn't Look So Good
(DBN)

Eurozone Unemployment: 12.0%
(DBN)

German Manufacturing Index Slows
(DBN)

French Manufacturing Industry Continues To Be Poor
(DBN)

____________

PIIGS:

Berlusconi's Plan To Bring Down Italian Government May Cause A Revolt In His Own Party --- Berlusconi Ministers Resign, Italy in Chaos --- Italian PMI Falls
(DBN)

ie: Difficulties in Accessing Employer’s Insolvency Fund in the Case of Informal Insolvency --- Insolvency Service of Ireland receives more than 6,000 calls and emails
(DBN)

Spanish Manufacturing Stays In Growth Mode --- Spain's public debt to approach 100% of GDP
(DBN)

Greece plans new anti-racism law amid 'Golden Dawn' crackdown --- Ex-members reveal 'criminal acts'
(DBN)

____________

Canada:

CN to service major portion of bankrupt Kelowna Pacific Railway Ltd. rail lines
(DBN)

Court Allows a CCAA Stay to Be Lifted for Proposed Litigation by Unsecured Suppliers
(DBN)

Mobilicity wins creditor protection, seeks buyout OK
(DBN)

____________

France:

Swiss Army prepared for invasion by bankrupt French
(DBN)

____________

Germany:

Conergy cuts jobs, expects sale
(DBN)

Franz Sill goes into preliminary administration
(DBN)

German TV maker Loewe files for insolvency
(DBN)

____________

Sweden:

€230 million award in landmark case on auditor's negligence
(DBN)

____________

China:

China's factories struggle for growth
(DBN)

____________

Australia:

Australia's Manufacturing Sector Is Growing Again
(DBN)

____________

Brazil:

Brazil's OGX on track to miss $44.5 mln interest payment -sources
(DBN)

____________

 

 

 

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