October 16, 2013

The Daily Bankruptcy News

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Law:

Riding To The Rescue Of A Troubled Law Firm
(DBN)

It’s Beginning To Look A Lot Like Bonus Season
(DBN)

Supersizing Biglaw: Welcome to McDentons
(DBN)

Change Comes to Law Firms’ Real Estate Decision-Making - "Maintaining profitability has become very challenging"
(DBN)

Moore & Van Allen Welcomes New Bankruptcy Member
(DBN)

The MBA Has Completely Overtaken Law And Medicine Degrees
(DBN)

Contract attorney faces felony overbilling case, allegedly claimed over 24 hours on 80 work days
(DBN)

BigLaw firm reveals nuts and bolts of its pay system in Harvard case study on collaboration
(DBN)

Now THIS Is a Great Settlement Offer Letter
(DBN)

In The Future, Law School Tuition Will Be Absolutely Terrifying
(DBN)

14-Year-Old Arrested After Allegedly Bragging On Facebook That She Bullied A Girl Who Killed Herself
(DBN)

Snowden: Worst Leaks Still to Come
(DBN)

Child-murder case against mom dismissed; detectives weren’t told ex-boyfriend confessed
(DBN)

School’s zero-tolerance policy zaps honor student who gave drunk friend a ride home; her family sues
(DBN)

‘Shocked’ lawyer says he was convicted in gambling scheme for merely giving legal advice
(DBN)

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Judges:

As shutdown continues, more federal courts ‘tell Congress to go to hell,’ as blogging judge puts it
(DBN)

Why Justice Thomas Hates Affirmative Action
(DBN)

Supreme Court Takes on Obama's EPA
(DBN)

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Wall Street:

Futures Are Rising As Debt Ceiling Finish Line Finally Comes Into View
(DBN)

Wall Street falls as government debt deal remains elusive
(DBN)

The Definitive Guide To Drinking Like A Wall Streeter
(DBN)

This Ominous 1929-Parallel Is Warning Of A Market Crash
(DBN)

Hedge Funds Are Shorting The Market Now More Than They Have All Year
(DBN)

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Layoffs:

American companies explain why they're cutting jobs
(DBN)

The 10 Best Careers Right Now For Recent College Graduates
(DBN)

Northern Beef Worker Claims Co. Didn't Give Notice
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Electricity:

Some Energy Future creditors walk away from talks
(DBN)

Energy Future Holdings says unsecured creditors not participating in restructuring talks
(DBN)

Energy Future Holdings sees lower revenues, income
(DBN)

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Alternative Energy:

Bankrupt Energy Company Disputes Taxes
(DBN)

The Ghost of Solyndra Haunts Chinese Solar Stocks
(DBN)

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Brokers:

Corzine wants more for 'mounting exorbitant defense fees'
(DBN)

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Health Care:

Obamacare's Website Is Crashing Because It Doesn't Want You To Know How Costly Its Plans Are
(DBN)

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Autos:

Fiat Trial Over UAW’s Chrysler Shares Set for September
(DBN)

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Aviation:

Air France decision on Alitalia rescue evenly balanced: source
(DBN)

Dreamliner: Now a Fuselage Panel Falls Off
(DBN)

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Coal:

Arch Coal, Patriot in Met Coal Deal
(DBN)

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Data:

Major credit bureau becomes stalking horse for TLO
(DBN)

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Office Supplies:

NE Opco seeks extension of bankruptcy plan filing period
(DBN)

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Economy:

A Deal To Raise The Debt Ceiling And Reopen The Government Is 'Very Close' --- Senate leaders race to draft debt-limit bill after House effort collapses --- Congress in Disarray as Deal Collapses --- GOP Threatened Shutdown Gets Weirder --- Markets Are Up And The Debt Ceiling Is Hours Away --- All Signs Suggest The Debt Ceiling Madness Will Happen Again Even If A Deal Is Reached --- Harry Reid's Office Sums Up The House GOP's Last Four Weeks In One Graphic --- Warren Buffett: Testing The Debt Limit Is Like Using Poison Gas --- Here's Why Congress Is Locked In A Psychodrama That Inhibits A Deal --- 'Armageddon' comes Thursday, warns banking chief --- Analysts: Missing The Debt Ceiling Deadline Would Be 'Manageable' For A Few Days--- The House GOP Plan On The Shutdown And Debt Ceiling Is Collapsing, And The Senate Has Halted Negotiations ---House GOP Sets New Plan After Meeting Resistance --- Markets Give Congress No Push to Deal Even as Default Looms --- Goldman: 4 Reasons This Fight Could Now Go Past October 17 --- Goldman Asked America How The Government Shutdown Was Affecting Their Spending --- Furloughed FBI Agents Make Drug Busts Without Pay --- Snarky letter by Georgia lawyer asks lawmaker to override Braves loss with MLB shutdown
(DBN)

QE3 Critic Fisher Says Hard to Argue for October Taper Amid Washington Showdown
(DBN)

The Sun is Setting on the US Dollar's Global Supremacy
(DBN)

Fitch Puts USA's AAA Credit Rating On Negative Watch
(DBN)

A Guide to the Coming Debate on Entitlements
(DBN)

Shutdown Battle Taking Toll on Sentiment
(DBN)

Bad fiscal policy, politics are a threat: central bankers
(DBN)

Shiller: I See a Lot of Foolishness That Matters
(DBN)

Fast-Food Wages Come With a $7 Billion Side of Public Assistance
(DBN)

US retirement being delayed longer and longer, and for many it may never come
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Buffett: Time to pay up, ResCap
(DBN)

Restructuring plan for Hokulia turnaround accepted
(DBN)

Roseland emerges from bankruptcy protection
(DBN)

Fire in the Hole in Chicago
(DBN)

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Municipalities:

Proposed state lease of Belle Isle ripped by Senate committee chair
(DBN)

Will the word 'thereby' determine fate of Detroit pensioners?
(DBN)

Detroit Workers Assail City's Decision to File Bankruptcy
(DBN)

Creditors argue Michigan constitution should block Detroit bankruptcy
(DBN)

Detroit judge questions pension claims by bankruptcy critics
(DBN)

Pension funds, unions push to prevent retiree reductions in Detroit bankruptcy
(DBN)

'60 Minutes' take on Detroit off the mark
(DBN)

Bing Bites Back: Kevyn Orr 'Not Doing A Competent Job'
(DBN)

Orr cuts benefits
(DBN)

Some things are better left unsaid — especially stupid, hurtful things
(DBN)

Frieze Special: Why Detroit should sell its art
(DBN)

A Detroit Lawmaker Has Proposed Raising Money By Letting People Drink Until 4am
(DBN)

Mayor of San Bernardino Releases 10-Year Financial Recovery Plan for Bankrupt City
(DBN)

Caging the pension monster
(DBN)

San Jose, Calif. mayor launches pension reform initiative
(DBN)

Oil Boom Towns Prepare for Inevitable Bust
(DBN)

How to navigate the troubled municipal bond market
(DBN)

Puerto Rico denies rumors of bankruptcy , takeover
(DBN)

The 20 Best US Cities For Trick-Or-Treating
(DBN)

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Banking:

Citigroup's weak earnings disappoint
(DBN)

Citi: Toeing the Line on Costs?
(DBN)

Capitol Bancorp announces deal to sell banks in four states
(DBN)

Jamie Dimon's Biggest Pet Peeve
(DBN)

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Telecoms:

Cerberus Said to Review BlackBerry's Finances as It Mulls Bid
(DBN)

Verizon wins heated Oklahoma City bankruptcy auction for Stelera assets
(DBN)

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Mass Torts:

Ex-Halliburton manager admits destroying oil spill data
(DBN)

Contempt motion filed in meningitis outbreak
(DBN)

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Student Debt:

A Million Millions: The Student Debt Crisis in America
(DBN)

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Construction:

Unsecured Ballenger creditors face tough row
(DBN)

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Batteries:

TCEQ action helps Frisco with Exide
(DBN)

____________

Hotels:

Trenton council must approve court-directed sale of city-owned hotel
(DBN)

Bankruptcy judge approves auctioneer for former Trenton Marriott
(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 (21 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)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Insiders:

Avoiding Insider Status in Bankruptcy: Lessons from Capmark Financial Group Inc. v. Goldman Sachs Credit Partners, L.P.
(DBN)

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M&A:

Ross Sees Chapter 11 as New Venue for Bank Acquisitions
(DBN)

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OID:

Original Issue Discount Claim: Maybe It’s Allowed, And Maybe It’s Not
(DBN)

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Exemptions:

New State Exemption Survey
(DBN)

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Derivatives:

Credit default swaps run out of road
(DBN)

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Secured Debt:

When Things are Just Outside Your Control
(DBN)

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Prepacks:

The Pros and Cons of Prepackaged Bankruptcy
(DBN)

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Bankruptcy Strategy:

The Importance Of Examining Reasons For Restructuring
(DBN)

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Pharma:

Savient gives up the ghost; buyer aims to snap up Krystexxa
(DBN)

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Television:

CSN Houston 'will not' survive without bankruptcy , Comcast says --- Astros accuse Comcast of trying to cheat team out of share of network
(DBN)

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Funeral Services:

Hundreds take action at town hall meeting over cemetery
(DBN)

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Retailing:

JC Penney's Getting Spanked Again --- Penney denies rumor of bankruptcy counsel hire as stock falls --- JCPenney stock falls over false bankruptcy rumor
(DBN)

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Celebs:

TLC Opens Up About Bankruptcy
(DBN)

Miriam Carey family's lawyer arrested over debts
(DBN)

What Curt Schilling's Bankruptcy Can Teach Us
(DBN)

____________

Sovereigns:

NML, Aurelius Seek to End Delay on Argentina Ruling
(DBN)

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UK:

Senior Barclays banker takes time off for stress
(DBN)

UK Jobless Claims Plunge At The Sharpest Rate In 13 Years
(DBN)

Inflation, unemployment and UK 'misery'
(DBN)

Landlords query Optical Express pre-pack deal
(DBN)

Rich tax dodgers are laughing at the rest of us still playing by the rules
(DBN)

Deutsche Bank Email: Customer Screwed
(DBN)

____________

EU:

Franco-German divisions cloud efforts to fix broken banks
(DBN)

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PIIGS:

New amendment to the Insolvency Act: small and medium-sized businesses may reach an out-of-court settlement with creditors and avoid insolvency, and a limited fresh start option is introduced
(DBN)

Eurozone tells Greece it needs 2bln more in savings next year --- Troika Asks for New Measures of 3 Billion Euros
(DBN)

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MENA:

Qatar: Please Don't Film Our Slaves
(DBN)

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Brazil:

Batista Said Seeking $550 Million for Stake in Utility
(DBN)

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