October 31, 2013

The Daily Bankruptcy News

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Law:

Proskauer, Dewey victorious on MF Global fees case
(DBN)

Executive Assistants: Will BigLaw partners lose these "body guards"
(DBN)

Dentons, McKenna to Put Merger to a Vote: Business of Law
(DBN)

Would You Have Sex With This Law Student, Between Classes?
(DBN)

Stealth Lawyer: Jiabei Chen, Lingerie Designer
(DBN)

My Little Devil
(DBN)

Mamas, Don’t Let Your Babies Grow Up To Be Contract Lawyers
(DBN)

Law Students: Never allow your parents to co-sign for your student loans
(DBN)

More Grim LSAT News
(DBN)

What Should a Lawyer Put in an Online Bio?
(DBN)

A Biglaw Firm’s ‘Shenanigans’ Result In An Even Bigger Benchslap
(DBN)

New England Dean Takes 25% Pay Cut (to $650,000) Amidst Faculty Buyouts, Workload Increase
(DBN)

This Professional Organization Is Worth The Price of Admission
(DBN)

Bankruptcy, Chancery Work Fuel Growth of Attorneys in Delaware
(DBN)

Business of Law
(DBN)

The Aspiring Lateral: Integrating Yourself
(DBN)

3 Steps To Stop Being Busy And Start Being Productive
(DBN)

Everything You Need To Know Before You Pick Up A New iPad Air Or iPad Mini
(DBN)

Clawback Controversy Now Clouding Dewey Bankruptcy
(DBN)

8 Things You Should Never Do At A Business Dinner
(DBN)

Imprisoned Executive Blames Conviction on Lawyers' Errors
(DBN)

Woman charged with killing her lawyer boyfriend pleads guilty, will serve 30 years
(DBN)

Referral site that connects clients with lawyers instantly, online or by phone, raises $690K
(DBN)

Why Support For The Death Penalty In America Is Plunging
(DBN)

Teenager Shot While Toilet-Papering A School Principal's Yard
(DBN)

Report: NSA May Have Spied On The Vatican During The Papal Conclave --- Even The NSA Admits That It’s Collecting Way Too Much Data --- Google's Chief Legal Officer Is 'Outraged' At NSA Snooping On Google's Networks --- Spy Chief: Been Spying on Our Friends for Years --- Gov't Sues Company That Vetted Snowden
(DBN)

Meet The Florida Men Who Got Dressed Up As George Zimmerman And Trayvon Martin For Halloween
(DBN)

FBI: Off-Duty Pilot Groped Girl, 14, On Delta Flight
(DBN)

Lawsuit: Macy's security has arrest quota, 'race code system' for nonwhite shoppers --- Demonstrators Protest at Barneys Over "Shop and Frisk"
(DBN)

Cease and desist letter sent to prevent ‘beardism’ that violates ‘Sexually Dynamic Lifestyle’ mustache trademark goes viral
(DBN)

Mug Shots
(DBN)

Woman ticketed for driving while wearing Google Glass
(DBN)

Cops: 9-year-old girl punished with shock collar
(DBN)

Egypt's Executioner: I Love My Job Because Strangulation Has Been My Hobby Since Childhood
(DBN)

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Judges:

Juror dismissed for complaining about length of trial, pronouncing defendants guilty
(DBN)

When Judges Don't Know Everything
(DBN)

Democrats threaten to renew filibuster fight if Republicans block appeals court nominee
(DBN)

‘Astronomically high caseloads’ in five districts should spur quick action by Congress, ABA says
(DBN)

Are these courthouses haunted? See why these employees think so (gallery)
(DBN)

$50K in car service rides leads to suspension for former Sidley partner
(DBN)

Another same-sex couple is married at the US Supreme Court; who officiated?
(DBN)

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Wall Street:

Stock futures dip
(DBN)

Markets Are Down In Europe
(DBN)

US stocks retreat after Fed paints weak picture
(DBN)

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Layoffs:

Shutdown Sapped Optimism in October As Outlook for Job Growth Weakened
(DBN)

There's Something Weird Going On In The Jobs Data
(DBN)

ADP: US companies add just 130K jobs in October
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

From Anonymity to Scourge of Wall Street
(DBN)

House Votes to Repeal Dodd-Frank Provision
(DBN)

J.P. Morgan's $5.1 Billion Settlement Is Tax Deductible
(DBN)

December Vote on Volcker Rule
(DBN)

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Health Care:

Kathleen Sebelius' HealthCare.Gov Testimony In One Split Screen --- Kathleen Sebelius To Congress: 'Whatever' --- Kathleen Sebelius: 'Hold Me Accountable For The Debacle' Of The Obamacare Website
(DBN)

Obama blames 'bad apple' insurers for lost coverage
(DBN)

Website Glitch Lists NY Cupcake Bakery, Limo Service As 'Obamacare Advisors'
(DBN)

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Soccer:

Arsenal file for bankruptcy in Ukraine
(DBN)

____________

Bicycles:

Mad Fiber shuts down, may be headed for bankruptcy
(DBN)

___________

Aviation:

AMR-US Airways Said Talking With US Over Antitrust Suit
(DBN)

Airline Merger Much Like Flying; Full of Turbulence
(DBN)

Air France-KLM writes off value of Alitalia stake
(DBN)

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Plastics:

Tarheel Plastics files for bankruptcy
(DBN)

____________

Economy:

Consumer Prices in U.S. Rise as Forecast on Gain in Fuel
(DBN)

Deficit under $1T for first time in five years
(DBN)

Fed: Economy Improving Despite Shutdown, No Longer Worried About Financial Conditions --- Fed Leaves Low Interest Rates Unchanged --- Fed maintains pace of bond-buying stimulus program --- Stocks Retreat With Gold, Treasuries on Fed Statement --- Dollar near two-week high as Fed keeps tapering options open --- Wall Street Weighs In On FOMC Surprise
(DBN)

Rand Paul threatens to block Yellen nomination vote
(DBN)

Pelosi: No Budget Deal Without Tax Hikes
(DBN)

Scary month for job growth in October, ADP says
(DBN)

Social Security recipients to get 1.5 percent raise next year
(DBN)

Former Obama Economic Advisor Has A Fascinating Suggestion For How To Automatically Get Out Of The Next Recession
(DBN)

'Atlas Shrugged' Is Full Of Terrible Business Advice
(DBN)

Robert Shiller: Young People With A Moral Purpose Should Work For Goldman Sachs, Not Google
(DBN)

The Wealthiest Person In Every US State
(DBN)

Real-Time Map Of Births And Deaths Around The World
(DBN)

Credit Swaps in U.S. Reach 2-Week High as Fed Maintains Stimulus
(DBN)

Greenspan's Book: He Lost Us
(DBN)

Map Shows The Staggering Amount We Import From China And Every Other Country In The World
(DBN)

Central Banks Make Swaps Permanent as Crisis Backstop
(DBN)

$252 billion spent on unemployment during recession
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Land Prices Hit the Brakes as New-Home Sales Skid
(DBN)

Report: 25% of NYC real estate given tax exempt status
(DBN)

Confessions of a Manhattan doorman
(DBN)

You Can Now Live in Disney World
(DBN)

____________

Municipalities:

Detroit Bankruptcy -Eligibility Trial Spills Into November
(DBN)

A face to Detroit's bankruptcy: Paralyzed firefighter to lose health benefits
(DBN)

Detroit bankruptcy proposal would leave pensioners with 16 cents on the dollar
(DBN)

Bankrupt Detroit's 'legacy costs' have human faces
(DBN)

Detroit city manager seeks $9 bln from suburbs for water dept
(DBN)

Mich. AG: Protecting Detroit Pensions is My Job
(DBN)

Protect the future of Detroit by protecting the future of its people
(DBN)

Ypsi is no Detroit, will not declare bankruptcy
(DBN)

Jefferson County Gets New Creditor Deal to End Bankruptcy --- Jefferson County Weighs New Creditor Agreement to End Bankruptcy
(DBN)

U.S. muni bond funds with Puerto Rico exposure down by $8.3 bln
(DBN)

Hedge funds big bet: Puerto Rico
(DBN)

____________

Autos:

Economist says saving General Motors from bankruptcy was a good investment --- How General Motors Was Really Saved: The Untold True Story Of The Most Important Bankruptcy In U.S. History
(DBN)

GM Q3 net off 53% to $698M after 'specials' but beats forecasts
(DBN)

GM hints at dividend, stock buyback on 3Q profit
(DBN)

Why Chrysler Needs an $18 Billion Valuation to Justify an I.P.O.
(DBN)

Chrysler Q3 earnings up 22% to $464 million
(DBN)

____________

Hedge Funds:

Vanity Fair Has Published A Vicious Takedown Of Hedge Fund Billionaire Dan Loeb
(DBN)

____________

Alternative Energy:

Suntech May Get $150 Million Investment From Wuxi Guolian --- China's Suntech bailout shows no appetite for creative destruction
(DBN)

Solar Rebound Beating Dot-Com Recovery as Demand Surges
(DBN)

____________

Metals:

US Trustee Moves To Convert Ormet Bankruptcy To Ch. 7
(DBN)

____________

Tobacco:

Judge: Bankruptcy trustee can seize money found in Phelpses’ safe-deposit boxes
(DBN)

____________

Politics:

Why CEOs Don't Support the Tea Party
(DBN)

Republicans Fallen Out of Love with Fox News
(DBN)

____________

Compensation:

CEO pay increases nearly 9 percent
(DBN)

____________

Food/Beverage:

Former Produce Company CEO Sentenced to Prison
(DBN)

____________

Celebs:

Teresa And Joe Giudice Fraud Update
(DBN)

____________

Brokers:

Trick or Treat? Grain hedgers haunted by the ghost of MF Global
(DBN)

____________

Education:

Applications Surge to Nation's First Online Master's at Georgia Tech; Cost Is $6,600 Online v. $44,000 Residential
(DBN)

____________

Telecoms:

DISH Statement Regarding Dismissal of Harbinger Suit
(DBN)

Ergen Can’t Fully Dismiss LightSquared Control Case
(DBN)

____________

Coal:

Patriot revises its reorganization plan
(DBN)

____________

New Bankruptcy Opinions
(1 new opinion 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 (18 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Unexpired Leases:

Treatment of Leases Under Sections 363(F) and 365(H) of the Bankruptcy Code
(DBN)

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Insolvency:

The Statutory Definition of “Insolvent” – Part One
(DBN)

____________

Cross-Border:

Magyar Telecom Files for Chapter 15 Protection in U.S.
(DBN)

____________

Tax:

More Confusion About Who Owns the Tax Refund Attributable to a Distressed Bank
(DBN)

____________

TBTF:

Questions Remain About Unwinding Failing Financial Giants
(DBN)

____________

Oil/Gas:

Goldking Holdings, Oil Property Developer, Seeks Bankruptcy
(DBN)

____________

Fraud:

Madoff trustee may pursue $8 billion claims vs. banks in feeder fund cases
(DBN)

Convicted Madoff Trader Testifies Against Ex-Colleagues
(DBN)

Researchers: People More Likely to Lie, Cheat During Afternoon
(DBN)

____________

Franchises:

IHOP Franchisee Subleases Deemed Rejected; Motion for Stay Pending Appeal Denied
(DBN)

____________

Electricity:

Energy Future: What Went Wrong, and What's Ahead
(DBN)

Energy Future Holdings to drop interest payment on Friday --- Texas Utility to Make Debt Payment, Avoid Bankruptcy
(DBN)

Energy Future Said to Position Toward Paying $270 Million Coupon --- Energy Future plans to make interest payment on Friday
(DBN)

With bankruptcy looming, TXU faces blitz from competitors
(DBN)

____________

Banking:

BofA Increases Estimate of Potential Legal Costs to $5.1 Billion
(DBN)

U.S. Attorney to Recommend Lawsuit Against Bank of America Over Mortgages
(DBN)

____________

Amusement Parks:

AG sues to remove Pa. amusement park's trustees
(DBN)

____________

Personal Finance:

Can You Retire Worry Free on $1 Million?
(DBN)

An 83-Year-Old Man Has Lived In This Makeshift Beetle For The Last 10 Years
(DBN)

____________

UK:

Charities express concerns about Bankruptcy and Debt Advice Bill
(DBN)

Prosecutor: 3 senior journalists at defunct UK tabloid have pleaded guilty to hacking phones
(DBN)

Personal insolvencies continue to fall
(DBN)

Three ex-Murdoch journalists plead guilty to phone hacking
(DBN)

The end looms for 153 law firms which still haven’t found insurance
(DBN)

____________

EU:

UBS: Regulatory Mess Loser
(DBN)

A Bad Day For Europeýs Banks
(DBN)

Europe Just Released A Horrific Set Of Unemployment Stats
(DBN)

____________

PIIGS:

Spanish appliance maker Fagor moves closer to bankruptcy --- Spain's Service Point applies for creditor protection
(DBN)

____________

Canada:

Deal to save Bixi falls through
(DBN)

____________

Brazil:

Batista's OGX files for bankruptcy protection in Brazil --- OGX Bankruptcy Filing Caps Batista’s $30 Billion Demise --- Bankruptcy Filing Is a Stunning Fall for a Brazilian Tycoon
(DBN)

OGX Sold Only Producing Unit Before Filing for Bankruptcy
(DBN)

Factbox: The dismantling of Eike Batista's industrial empire
(DBN)

Default by Eike Batista's OGX to test Latin American debt markets
(DBN)

Brazil's Once-Richest Man Gets Ready for Oil Company Bankruptcy
(DBN)

Ibovespa Falls as OGX Sinks to Record on Bankruptcy Speculation
(DBN)

Emerging ETF Falls After Fed as Brazil’s OGX Tumbles 26%
(DBN)

Brazil's flamboyant playboy tycoon takes big fall
(DBN)

____________

Japan:

Sony slashes full-year profit forecast by 40%
(DBN)

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