October 3, 2013

The Daily Bankruptcy News

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Law:

Law firm mergers are up 41 percent so far this year
(DBN)

The Best Biglaw Firms In The World According To Clients (2013)
(DBN)

Law firms fear business will slow because of U.S. government shutdown
(DBN)

Layoff Watch: It’s Not Just Legal Secretaries
(DBN)

10 Questions with Terry Conner from Haynes and Boone
(DBN)

Kasowitz Opens Entertainment Practice: Business of Law
(DBN)

Clients are bullying lawyers, consultant says; would these comebacks turn the tables?
(DBN)

Good News For In-House Lawyers (And The Law Firm Lawyers Who Love Them)
(DBN)

The Aspiring Lateral: Doing Your Diligence
(DBN)

Notes From the Legal Industry Underground
(DBN)

Eating In Class Now Has A Corporate Sponsor, Kind Of
(DBN)

Doctoroffs to Give University of Chicago Law School $5 Million
(DBN)

Cooley Loses Defamation Case Against Law Firm And Secures Ruling Affirming That It Misrepresented Data
(DBN)

The Labor Market for Law Professors
(DBN)

Court Documents Describe Prison Life For Suspected Boston Bomber Dzhokhar Tsarnaev
(DBN)

The Dumb Mistake That Brought Down Silk Road's Drug-Dealing Empire --- A Tour Of Silk Road --- Meet Ross Ulbricht, The Alleged Mastermind Of Silk Road --- Silk Road Fans Go Ballistic After Seizure --- Bitcoin Users Are Freaking Out --- The 10 Best Responses From Stunned Supporters Of Drug Marketplace The Silk Road --- The Feds Have Been Investigating All Summer
(DBN)

A 2 percent death penalty? Capital sentences are concentrated in just a few counties, report says
(DBN)

Local Celebrity Accused Of Inventing Story Of Cab Driver Harassment
(DBN)

Prosecutors Won't Charge Biker Who Allegedly Attacked Banker In SUV --- Biker may be paralyzed after being struck by panicked motorist; should driver be charged?
(DBN)

Why Banning Facebook At Work Is A Stupid Move
(DBN)

K&L Gates litigation partner to grapple with new wrestling role
(DBN)

Guy Who Got Called 'Princess' By His Male Construction Boss Wins Huge Sex Harassment Suit
(DBN)

'Prankster' Steals Stranger's Cellphone, Gets Exactly What He Deserves
(DBN)

Florida Student Reportedly Suspended For Using Finger Gun In Playground Game
(DBN)

Process Server Grandma Caught Urinating Spitefully on Driveway
(DBN)

Arkansas Man Arrested For Firing Shots At Jehovah’s Witnesses Who Approached Him On His Lawn
(DBN)

RadioShack Worker Allegedly Punched 'Sarcastic' Customer
(DBN)

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Judges:

Chemerinsky: Campaign finance, affirmative action will top Supreme Court’s new term
(DBN)

HLS Professor Predicts Future of Supreme Court
(DBN)

All rise: The justices will now hunt antelope, or attend the opera
(DBN)

Supreme Court poised to tilt further to the right
(DBN)

Jeffrey Toobin Discusses Upcoming Supreme Court Issues
(DBN)

Lawyer who criticized federal judges loses license for 5 years, calls state’s top court ‘corrupt’
(DBN)

The essential Bren
(DBN)

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Wall Street:

U.S. Stock Futures Drop as Shutdown Enters Third Day
(DBN)

Stocks slip on second day of government showdown as US employers add fewer jobs than forecast
(DBN)

The Stock Market Looks Like 1967 All Over Again
(DBN)

Investment Bankers Sound Totally Horrified Over Barclays' Super-Casual Fridays --- 5 Fall Fashion Trends That No Gentleman Should Touch
(DBN)

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

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Layoffs:

The 10 Best Cities For Young Job Seekers
(DBN)

The 10 Worst Cities For Young Job Seekers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Telecoms:

LightSquared Wants Time to Consider Joining Falcone's GPS Suit
(DBN)

BlackBerry recovers on Cerberus interest
(DBN)

BlackBerry boosts restructuring charge estimate to $400 million
(DBN)

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Electricity:

Judge won't halt Southern Montana trustee's bankruptcy plan
(DBN)

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Buses:

Assets of Charlotte busmaker DesignLine up for auction
(DBN)

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Magazines:

Bankruptcy Looming, Financially Troubled Frontiers Media Courts a Buyer
(DBN)

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Orchestras:

Dire straits: Dysfunction at Minnesota Orchestra, looming bankruptcy
(DBN)

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Agriculture:

Groeb Farms, Inc. Announces Recapitalization And Reorganization
(DBN)

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Health Care:

Effort to sign up for health coverage ends emptyhanded
(DBN)

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Economy:

The 'Jobs Report' Was Weak --- ADP: Businesses added 166,000 jobs in September
(DBN)

Rosengren Says Budget Conflict Warranted Forgoing QE Taper
(DBN)

Obama Summons Congress To Meet On The Shutdown And Debt Ceiling --- The Longer the Shutdown, the Greater Risk for the GOP --- The Ten Republicans Who Shut Down the Government --- Obama: 'I'm exasperated' by shutdown battles --- Wall Street CEOs meet with Obama, warn of harm from debt-limit battle --- Obama To Wall Street: 'This Time's Different' --- Bank CEOs to Obama: This is going to be bad --- Big Business Couldn't Stop Gov't Shutdown --- The Saddest Paragraph You'll Read About The Government Shutdown --- ‘Quite a mess’ in Manhattan US Atty’s office; Holder calls shutdown ‘unnecessary and harmful’ --- Lawyers React to Shutdown: 'Reach for Federalist Papers'? --- Republicans Hate Obamacare Because They're Afraid People Will Like It --- Top Republican Calls For Replacing Obamacare With Obamacare --- Why Boehner Doesn't Ditch the Far Right --- “Self-Righteous Orwellian Zebra Queefs” --- Harry Reid Makes John Boehner An Offer On The Shutdown, And His Logic Is Spot On --- Think the budget impasse is bad? Wait until the debt-ceiling battle --- Wall Street fears mount over US default --- Government Shutdown, Followed By Default? --- Effects of Gov't Shutdown Seen Across the US --- Federal Workers Would Receive Back Pay For Shutdown Period Under New Measure --- A Hiker Is Missing In The Woods, And The Government Shutdown Is Making It Harder To Find Her--- WWII Memorial Protester To RNC Chair: 'Go Do Your Job, Idiot' --- Holiday shopping season could hinge on shutdown --- Shutdown leaves some US taxpayers defenseless against IRS --- US Spy Chiefs: The Government Shutdown Is Threatening National Security
(DBN)

Car Companies Scramble to Deal w/ Shutdown
(DBN)

We've Essentially Adopted the Ryan Budget
(DBN)

Here's The Debt Ceiling Warning Chart That Everyone On Wall Street Is Passing Around
(DBN)

Morgan Stanley: 'The Government Of The United States Is Not Going To Default'
(DBN)

Goldman: Here's What Happens When The Government Shutdown Meets The Debt Ceiling
(DBN)

Another Terrifying Debt Ceiling Poll Shows How Republicans Are Willing To Go Nuclear
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Wells Fargo Sued by New York Over Mortgage-Servicing Accord
(DBN)

Imnaha ranch to be sold in bankruptcy
(DBN)

The 25 Biggest Landowners In America
(DBN)

Big Bank Bizarro Land
(DBN)

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Municipalities:

Detroit bankruptcy judge mulls slain cop suit, 13th checks
(DBN)

Judge Rhodes grants AFSCME motion to resume extra pension checks --- Unions can continue fight for 13th check
(DBN)

Detroit Firefighters Endorse Mike Duggan For Mayor
(DBN)

Police and firefighters back different candidates
(DBN)

S&P cuts Detroit GO bond ratings to D following default
(DBN)

Clueless Detroit officials reject reality
(DBN)

Fitch: Detroit Water and Sewerage Dept. Pays Scheduled SRF Loan Debt Service as Expected --- Risks remain on Detroit water, sewer bonds, despite payment -Moody's
(DBN)

Stockton manager says bankrupt city needs tax hike
(DBN)

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Banking:

Report: Spain Will Likely Extradite The JP Morgan Trader Connected To The London Whale Debacle
(DBN)

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Bankruptcy Crimes:

Former Executive Charged in Major Bankruptcy Fraud Scheme
(DBN)

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Museums:

Decision still up in the air for Archway museum
(DBN)

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Autos:

Why Did General Motors Have to Pay This $50 Million Settlement?
(DBN)

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Metals:

Ohio's PUCO approves Ormet power deal with some modifications
(DBN)

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Health Care:

Judge OKs the destruction of Edgewater Hospital records
(DBN)

Fairmont General Hospital Continues Negotiations Following Fall Out
(DBN)

America's Empathy Failure on Obamacare
(DBN)

I've Been Trying To Access The New Health Care Exchange For 24 Hours And I Still Can't Get It To Work
(DBN)

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Corporate Reform:

Has the Whistleblower Moment Arrived? SEC Awards Whistleblower More Than $14 Million
(DBN)

SEC displaying aggressive new stance designed to scare off violators
(DBN)

Mark Cuban to Defend Himself on Stand in SEC Insider Case
(DBN)

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Religion:

Bankruptcy judge rejects Charles Street AME reorganization plan --- Financial plan for historic church is flawed
(DBN)

____________

Celebs:

Defense verdict reached in Michael Jackson wrongful death case: No award to singer’s survivors
(DBN)

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Fraud:

Young lawyer takes plea in lender-looting case as trial looms for 4 other defendant attorneys
(DBN)

____________

Food/Beverage:

Fresh & Easy files bankruptcy; PACA claimants appear to be in good shape
(DBN)

The U.S.'s Largest Food Fraud: Groeb Farms Files for Bankruptcy
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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 Reform:

Commission To Study Reform of Ch. 11 Witness Statements - October 8, 2013 Field Hearing: Karen Cordry --- Maureen Leary --- Allen Rosenberg - Supplemental --- Jennifer Gauger --- Peter Roth --- Esther Tryban Telser - Supplemental - Supplemental --- Fred Rudzik

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Bonuses:

ResCap Wants to Pay Bonus to Restructuring Chief
(DBN)

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Safe Harbors:

Second Circuit adds to broadening scope of section 546 (e) safe harbors for transactions involving financial institutions
(DBN)

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Claim Allowance:

Original Issue Discount Claims Arising From Fair Market Value Debt Exchanges: Fair Game for Disallowance?
(DBN)

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Avoidance Actions:

Trustee: Fletcher Paid Dakota Legal Bill With Hedge Fund's Money
(DBN)

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TBTF:

Biggest Banks Face Higher Bar in Rewritten Living Wills
(DBN)

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Litigation:

Excuse Me, PDF’s Instead of Native Files?
(DBN)

____________

Furniture:

Court orders Furniture Brands to set up utility deposits
(DBN)

New lead bidder emerges for Furniture Brands
(DBN)

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Television:

The CSN Houston mess just got interesting
(DBN)

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Personal Finance:

These Are The Worst Things To Buy In October
(DBN)

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Mass Torts:

BP wins reprieve over Gulf of Mexico payouts
(DBN)

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Corporate Governance:

Billionaire Dan Loeb Blasts Sotheby's CEO For Spending 'Hundreds Of Thousands' On Luxury Lunches
(DBN)

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Aviation:

Swift Air Granted Final Approval by Bankruptcy Court
(DBN)

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Sovereigns:

Revisiting Sovereign Bankruptcy
(DBN)

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UK:

Shake-up on way for insolvency rules
(DBN)

Payday lenders face tough new rules
(DBN)

Ministers say council 'can't wash its hands' of £600k pay row
(DBN)

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EU:

Euro leaps as ECB stays course; dollar stays weak
(DBN)

ECB: Europe's Recovery is Weak
(DBN)

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Canada:

Ontario's fiscal cliff
(DBN)

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Brazil:

Lessons From Blowing $30 Billion in Brazil
(DBN)

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Malaysia:

Bankruptcy Act to be reviewed and tabled at year-end
(DBN)

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Romainia:

The code of insolvency was approved by the government
(DBN)

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Czech Republic:

No. of business bankruptcies highest since January 2008
(DBN)

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