October 9, 2013

The Daily Bankruptcy News

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Law:

How appeasement and high partner guarantees led to Dewey’s downfall
(DBN)

Layoff Watch: Buyouts And Reductions At A Top-Tier Law Firm
(DBN)

Lawyerly Lairs: A $12 Million Duplex, Renovated By A Starchitect
(DBN)

State-by-State Lawyer Growth Rates Over a Ten Year Period
(DBN)

Partners: Go Easy With That Damned Red Pen
(DBN)

Reed Smith's top London earner took home £1.9m in 2012
(DBN)

Are Biglaw Health Insurance Premium Increases Really Stealth Pay Cuts?
(DBN)

Here's The Stupid Way Someone Got Caught Cheating On The Bar Exam
(DBN)

A Huge Fuss Over a Little Comma
(DBN)

Law Student Allegedly Lives Out Issue-Spotter When Cops Say She Used Car As a Deadly Weapon
(DBN)

Carlton Fields Merges With Jorden Burt: Business of Law
(DBN)

With Houston Launch, Dentons Goes Its Own Way
(DBN)

Another Big Law Firm Combo?
(DBN)

Private equity partner latest to leave as Weil's Texas exodus continues --- As The Weil Turns: Another Private-Equity Partner Parts Ways --- Weil Mum as Texas Partner Losses Mount
(DBN)

Fund Trustee Seeks Return of $975,000 From Kasowitz
(DBN)

The People Running The MPRE Could Use An Ethics Lesson
(DBN)

Pushing For Partner: Why Firms Should Make More Partners This Year
(DBN)

Putting Windows on Macs
(DBN)

Microsoft Office is coming to the iPad -- but when, and with what features?
(DBN)

Lying, Ranting, and Groping
(DBN)

The Justice Department Prosecuted A 10-Year-Old As A 'Sex Offender'
(DBN)

Silk Road drug busts multiply, eight new people arrested
(DBN)

Report: Bike cop joined in on SUV beatdown --- Video shows undercover officer shattering rear window --- Undercover Cop Arrested In Connection With Biker Road Rage Assault
(DBN)

Here's How To Network Like A Pro On LinkedIn And Twitter
(DBN)

5 Questions To Determine Whether You're Indispensable At Work
(DBN)

The Boy Who Snuck Onto A Flight To Las Vegas Has Previously Stolen A Car
(DBN)

What A-Rod Left Out of His Lawsuit
(DBN)

Weeping, disbarred lawyer is sentenced to prison for aiding client’s plot to hide jewels
(DBN)

Man Fakes Violent Kidnapping for Some Guilt-Free Time Away from Wife
(DBN)

Young Woman Arrested for Publicly Humiliating Her Two-Timing Boyfriend
(DBN)

Teenage Girl Crucified to "Expel the Demons"
(DBN)

‘Red hot litigator’ makes commuter rail line pay
(DBN)

Ex-Patriot Hernandez due in court in murder case
(DBN)

Georgia Tech Is Investigating A Fraternity Over An Email On 'Luring Your R-------t'
(DBN)

Teacher Appears To Blame Murdered Gay Student For Being Too Flamboyant
(DBN)

Saudi Arabia grants first woman full lawyer practice rights
(DBN)

Say What?!
(DBN)

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Judges:

High Court Tapped Bankruptcy Fee Pool to Open Term
(DBN)

This Federal Judge Has A Message For Congress: ‘Eff You!’
(DBN)

Judge, Lawyers Say Shutdown to Harm Judiciary
(DBN)

Pa.'s Federal Courts Brace for Impact of Shutdown
(DBN)

Forget Partying Like It’s 1999; the Ninth Circuit Wants to Adjudicate Like It’s 1998
(DBN)

UK: High Court judge mocks solicitor-turned-****star’s romantic prose style in hunny bunny dispute
(DBN)

'Tomato' Remark About Italians Leads Judge To Recuse
(DBN)

We Have Laughter At SCOTUS!
(DBN)

This May Be The Most Unpopular Supreme Court Ever
(DBN)

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Wall Street:

US Stock -Index Futures Advance on Yellen Pick
(DBN)

US stocks drop as Washington fiscal impasse goes on
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Electricity:

Energy Future Term Loan Drops Before November Coupon Payment Due
(DBN)

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Retailing:

JC Penney surges on cash-on-hand report --- Has JC Penney Stopped The Bleeding?
(DBN)

Discount David vs. Goliath: Smaller players struggle against U.S. giants
(DBN)

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Aviation:

Lessons learned from the Avantair bankruptcy
(DBN)

Italy minister says no solution yet on Alitalia
(DBN)

Struggling Alitalia hit by new crisis
(DBN)

____________

Television:

Jim Crane says Comcast carriage offers 'didn't make any sense'
(DBN)

Astros Owner: CSN Holding Out
(DBN)

____________

Telecoms:

LightSquared, Suitors Gird for Bankruptcy -Court Showdown
(DBN)

Risk lurks if Dish majority shareholder grips power: Frankel
(DBN)

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Economy:

Obama To Nominate Janet Yellen As New Fed Chief As QE Taper Debate Looms --- Everything you need to know about Janet Yellen, your new Fed chair nominee
(DBN)

Now It Looks Like The Fed Won't Be Slowing Its Bond Purchases Until 2014
(DBN)

Largest Economic Confidence Collapse Since Lehman --- Americans Believe Economy Getting Worse
(DBN)

International Monetary Fund Trims Global Growth Forecast --- Risks to global economy are growing
(DBN)

Won't Default on Debt? Don't Count on It --- Crisis? What Crisis? --- Krugman: Default Deniers --- Many Republicans think breaching the debt ceiling is no big deal. They’re wrong. --- Obama Backs Short-Term Increase in Debt Ceiling --- Obama Says Debt-Ceiling Contingency Plans in Works --- Obama Rejects Call to Use 14th Amendment to Fix U.S. Debt Fight --- Recession Looms If Treasury Uses Tools to Prevent a Debt Default --- Big CEOs to Congress: Stop It Now --- Everyone's Talking About This Sneaky Solution To The Debt Ceiling That Might Be Even Better Than The Platinum Coin --- Obama Might Have Opened Up The Path To The Ultimate 'Deal' On The Debt Ceiling And Shutdown --- Obama would veto bill for new deficit-reduction panel --- Jon Stewart to John Boehner: “Don’t F--- and Point at the Dog” --- Paul Ryan Writes An Op-Ed On 'Ending The Stalemate' In Congress, And It Doesn't Once Mention Obamacare --- Top Bankers Warn Against Prioritizing Interest Payments --- Poll: Republicans Getting Majority Of The Blame For Government Shutdown --- Some Senate Democrats Are Considering The 'Nuclear Option' To Pass A Debt Ceiling Hike --- The GOP Is Going To Try To Force Democrats Into A Trap On The Debt Ceiling --- Boehner: Obama Wants 'Unconditional Surrender' From GOP --- Republicans Have Gone Completely Crazy On The Debt Ceiling --- Default Calendar: Which Payments Are Due When --- When the government is going to run out of money --- IMF: A US Default Would 'Seriously Damage' The Global Economy --- The whole government shutdown in one simple chart --- U.K. Banks Prepare for U.S. Debt Ceiling Failure --- US financial regulators meet on debt ceiling worries --- Who You Calling Nonessential? For Agencies, A Balancing Act --- Q&A: Do Visitors Really Need to Be Shut Out of National Parks During the Government Shutdown? --- Furloughed Grand Canyon park staff gets help from food bank --- Airlines Can't Pick Up Their New Planes During The Shutdown --- John Arnold Donates To Keep Head Start Open --- A Week Into the Shutdown, Government Buys $47,174 Mechanical Bull --- Starbucks founder urges end to shutdown --- 10 ways the shutdown is making us less safe --- IMF: What a month-long shutdown could look like --- Three Scenarios For How The Debt Ceiling Crisis Might End --- Does raising the debt ceiling increase the debt?
(DBN)

Default fears push US bill rates to five-year high
(DBN)

Economist: The US Consumer Will Drop 'Like Road Runner' Falling Off A Cliff
(DBN)

US Credit Card Use Drops
(DBN)

This Pyramid Shows How All The World's Wealth Is Distributed And The Gigantic Gap Between Rich And Poor
(DBN)

Analyst: An Upcoming German Court Ruling Is A Bigger Risk To The World Than A US Debt Default
(DBN)

Tense Talks Led to Clouded Fed Signals
(DBN)

Carter: Middle Class Resembles Past's Poor
(DBN)

The State Of The Global Economy In One Giant Slide
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

States used mortgage settlement money to balance budgets
(DBN)

BofA Settlement Faces Hurdle - May see what looked like a closed case reopened --- FDIC Urges Judge to Reject $500 Million Countrywide Deal
(DBN)

AIG's Mortgage Insurer Seeks FHA Business Amid Shutdown
(DBN)

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Municipalities:

Michigan Gov. Rick Snyder Prepares for Detroit Deposition --- Detroit bankruptcy lawyers deposing Gov. Snyder are in for a tough witness
(DBN)

Snyder won't have to disclose names of EM candidates, judge rules
(DBN)

Detroit bankruptcy judge gives city 35 days to develop plan to liquidate lawsuits
(DBN)

Detroit city government remains a mess under Kevyn Orr
(DBN)

Creditors overwhelmingly support Jeffco plan to exit bankruptcy
(DBN)

Atlantic City Poised to Diminish With Nearby Gaming
(DBN)

San Bernardino: State of the City: A fiscal warning
(DBN)

Stockton: Finalists for city manager to interview Thursday
(DBN)

Puerto Rico's debt woes hit muni bond funds
(DBN)

A Tale Of Three Cities: Detroit, Toronto, And Pittsburgh In A Post-Industrialized World
(DBN)

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Resorts:

State and County: Revoke Naniloa's Lease
(DBN)

____________

Health Care:

Union workers ratify Fairmont General contract
(DBN)

Government Shutdown Delays Medical Supplier’s Bankruptcy Exit
(DBN)

Jon Stewart Destroys Obama Cabinet Member During Trainwreck Of An Interview On Obamacare --- Here's The Answer Jon Stewart Should Have Gotten On Obamacare
(DBN)

Obamacare's Exchanges Are A 'Third World Experience'
(DBN)

More Evidence That Obamacare Isn't Destroying Jobs
(DBN)

Here’s what Obamacare looks like when it works
(DBN)

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Furniture:

Judge requires Furniture Brands to set up utilities account
(DBN)

____________

Autos:

General Motors Executive Warns of Impending Subprime Auto Bubble
(DBN)

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Funeral Services:

Owner of embattled Carver Memorial Gardens cemetery files for bankruptcy
(DBN)

____________

Rail:

Potential Suiters Emerge for Bankrupt Maine-Based Rail Company
(DBN)

____________

Alternative Energy:

Hometown bidders step up for Suntech
(DBN)

____________

Food/Beverage:

Grocery Stores May be on Death Bed
(DBN)

KFC parent company profits fall 68% in third quarter
(DBN)

____________

Metals:

Ormet union asks Kasich to help save 600 jobs
(DBN)

Politicians trade fire on Ormet's closure
(DBN)

____________

Student Debt:

Student Loan Bankruptcy: A Double Whammy
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (29 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Stocks:

Bankrupt Former Electronics Retailer Graciously Agrees To Help Save The Stupid From Themselves
(DBN)

____________

Avoidance Actions:

Financial Institution Payments: When Is A Preference Not A Preference?
(DBN)

____________

Preclusion:

Bankruptcy Law No Outright Bar to Collection-Abuse Suits, Circuit Says
(DBN)

____________

TBTF:

Stanford’s Admati Skeptical of Banks’ Living Wills
(DBN)

____________

Celebs:

A peek inside Curt Schilling’s home, which can be yours for $3M
(DBN)

Antoine Walker Broke? Tweets 'Where My Friends At?' Hints At Abandonment Following Blown $100 Million Fortune
(DBN)

Bankrupt New York City Opera Lost Its Biggest Donor Due To 'Anna Nicole'
(DBN)

Calum Best files for bankruptcy and admits to 'mistakes'
(DBN)

The NFL's Highest-Paid Positions
(DBN)

The 15 Worst Celebrity Magazine Photoshop Fails
(DBN)

____________

Personal Finance:

A Former Goldman Banker Explains How To Save Money
(DBN)

____________

Hockey:

Court throws out NHL's claims against former Coyotes owner
(DBN)

____________

Fraud:

Ex-Sentinel Management Trader Pleads Guilty in Fraud
(DBN)

Did Bernie Madoff act alone in Ponzi scheme fraud?
(DBN)

Jury Selection Begins in Madoff Workers' NY Trial
(DBN)

Tales From a Potential Madoff Witness Raise Eyebrows
(DBN)

The Five Things You Need to Know About the Madoff Trial
(DBN)

Ex-CEO blames lawyer for 20-year prison term in $800M fraud case, seeks do-over
(DBN)

SAC Is Said to Weigh Plea Deal in Insider Trading Case
(DBN)

Cheating's Surprising Thrill
(DBN)

____________

Sovereigns:

Hello, kettle? This is the pot. We should talk.
(DBN)

____________

UK:

IMF upgrades UK growth in embarrassing about-turn
(DBN)

____________

EU:

IMF - no need to adjust austerity targets in Europe
(DBN)

____________

PIIGS:

US court hears IBRC overcharged some customers for 14 years --- Hedge fund Elliott blocked in bid for Anglo Irish info --- US court ruling on IBRC protects Irish taxpayers' money
(DBN)

Spain's nationalised Catalunya Banc to shed over 2,000 staff
(DBN)

____________

Germany:

German Industrial Production Rises in Sign of Sustained Recovery
(DBN)

____________

Brazil:

Batista Said to Hire Firm Quinn Emanuel as OGX's Default Looms
(DBN)

Batista Creditors Said to Weigh Seizures as Default Looms
(DBN)

OGX Liquidation Signaled as Oil Reserves Plummet
(DBN)

Brazil's debt-ridden OGX firm said to lay off staff
(DBN)

The Shame Of A 'Dirty Name' In Credit-Crazy Brazil
(DBN)

____________

China:

Shipbuilding sector struggles to keep head above water
(DBN)

____________

Serbia:

Serbia : Lazar Krstic outlines new austerity reforms --- Slashes wages, raises taxes to avert bankruptcy
(DBN)

____________

Kazakhstan:

Kazakh-owned Alliance Bank bonds tumble on fear of second restructuring
(DBN)

____________

MENA:

Citi, Qatar Bank Hold Up Al Jaber’s $4.5bn Debt Talks
(DBN)

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