April 1, 2014

The Daily Bankruptcy News

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Law:

Perkins Coie Latest Target of Howrey Trustee
(DBN)

Citi Survey Shows Law Firm Leader Confidence Ticking Up
(DBN)

ATL March Madness: The Worst Law School In America — Final Four
(DBN)

Patton Boggs says latest partner defections don’t affect merger talks
(DBN)

Dewey Clawback Lawsuit Seeks $9M From Former Chief Operating Officer --- Latest Dewey Clawback Complaint Targets Ex-COO
(DBN)

The Dewey & LeBoeuf Recipe for Cooking the Books
(DBN)

US has $1 trillion in student debt; indebted lawyer laments his Chevy lifestyle
(DBN)

Dealmaker: Gary Lee, Morrison & Foerster
(DBN)

Fox Rothschild tabs bankruptcy partner Michael Menkowitz as Philly office managing partner
(DBN)

The 4 Types Of In-House Meetings
(DBN)

A Futurist on Why Lawyers Will Start Becoming Obsolete This Year
(DBN)

Comparing Law School Rankings? Read The Fine Print
(DBN)

Hiring Options For Growing Solo
(DBN)

The REAL Best Law Schools For Making Money
(DBN)

Mediating With a Litigation Committee or Trust
(DBN)

Chevron Allowed to Countersue Patton Boggs
(DBN)

Mouthy Law Student Sues Over False Arrest In Food Truck Fiasco
(DBN)

A Du Pont Heir Was Given Probation For Raping His 3-Year-Old Daughter Because He Wouldn't 'Fare Well' In Prison
(DBN)

Off-duty police officer shoots man after finding him having s-- in his pool
(DBN)

Dubious Defense Of The Year
(DBN)

Prosecutor: Man stabbed 25 times with stiletto heel
(DBN)

Parents of 11 students can be named as defendants in school-bullying suit, judge rules
(DBN)

What were the most important product announcements at Techshow?
(DBN)

Senate Torture Report: It Was Worse Than Anyone Knew
(DBN)

NSA: America's Top Propaganda Agency
(DBN)

Attorney Narrowly Dodges Bar Complaint For Murderer's Fraudulent Transfers
(DBN)

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Judges:

Bankruptcy Judge Asks Local Bar To Report On Her Performance
(DBN)

Judge wants back on bench after insanity ruling
(DBN)

Dirty Old Man Judge: The top ten things I learned from being a (fill in epithet of choice) --- Federal Judge Regrets Saying He Was A ‘Dirty Old Man’
(DBN)

Retired federal appeals judge won’t be charged in probe of travel expenses
(DBN)

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Wall Street:

Stock futures firm up ahead of ISM, auto sales
(DBN)

Wall St rises on Yellen's view; S&P scores modest Q1 gain
(DBN)

60 Minutes: Is the U.S. stock market rigged? --- Rigged? High Frequency Trading Is Legalized Theft --- Michael Lewis’s flawed new book --- The FBI Is Investigating High-Frequency Traders
(DBN)

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Layoffs:

Jobs and Skills and Zombies
(DBN)

Cities Where Young People Can't Find Work
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Caesars Entertainment Being Squeezed From All Sides
(DBN)

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Aviation:

Strike: Lufthansa Cancels 3,800 Flights
(DBN)

Bankruptcy judge rules fraudulent transfer case against Valpo businessman may proceed
(DBN)

'Garbage Vortexes' Are Frustrating The Search For Malaysia Flight 370 --- Judge axes first law firm filing over missing Malaysia Air flight
(DBN)

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Apparel:

Apparel retailer Coldwater Creek preparing to file for bankruptcy
(DBN)

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Uranium:

USEC reports 2013 financial loss
(DBN)

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Electricity:

EFH's downfall a sign of power industry struggles
(DBN)

Energy Future Holdings on verge of bankruptcy
(DBN)

EFH files for SEC extension, delays interest payment as bankruptcy negotiations continue
(DBN)

Energy Future Holdings Seeks More Time for Restructuring Deal --- Energy Future extends restructuring talks
(DBN)

Energy Future Holdings Provides Update on Constructive Discussions with Financial Stakeholders
(DBN)

Fidelity reportedly back on board with possible EFH bankruptcy plan
(DBN)

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Pensions:

Retirees to picket Century Aluminum
(DBN)

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Currency:

What Your Accountant Thinks About Your Bitcoins
(DBN)

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Banking:

Five Lessons From Banks’ Ruined Party
(DBN)

Western banking regulations could be 'mutually destructive' – IMF report
(DBN)

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Publishing:

After closed hearing, Judge limits credit bid of main FLS creditor
(DBN)

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Telecoms:

Falcone Tried to Shut Dish Chairman Ergen Out of LightSquared Plan
(DBN)

Falcone says suppressing Ergen's debt is key to LightSquared restructuring
(DBN)

BlackBerry Looks for the Bottom
(DBN)

____________

Brokers:

Go Ahead, Blame the Accountants --- MF Global Sues PwC Over Off-Balance-Sheet Advice
(DBN)

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Television:

Astros, Rockets and Comcast sign mediation agreement --- Bankruptcy case headed for mediation
(DBN)

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Agriculture:

Production halted at West Texas Guar
(DBN)

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Tax:

Caterpillar's Swiss unit dodged $2.4 billion of US taxes: Senate
(DBN)

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Economy:

What About Wealth Inequality?
(DBN)

America's New Elite: The 0.4% --- Forget the 1%, It's the 1/10th of 1% --- Why the 1 percent always defeats the middle class
(DBN)

Discuss: Economic Inequality in the USA
(DBN)

CFOs Downgrade Profit, Hiring Outlook For 2014
(DBN)

Yellen Says Extraordinary Support Needed for 'Some Time'
(DBN)

Yellen Says Economy Far From Healthy
(DBN)

Credit Managers' Index for March Stalls at 55.5
(DBN)

5 Reasons Why Janet Yellen Still Sees Slack in Economy
(DBN)

Janet Yellen Just Gave One Of The Most Dovish Speeches In Fed History
(DBN)

Chicago PMI falls to 55.9 in March, below expectations
(DBN)

Dallas Fed: Texas Manufacturing Strengthens Further
(DBN)

Corporate America Continues To Be Negative About Earnings Guidance
(DBN)

How The American Population Changed In One Year
(DBN)

Who the Job Creators Really Are
(DBN)

U.S. Oil Production Concentrated in Few States
(DBN)

IPCC Report: World is Doomed
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fannie Mae: Mortgage Serious Delinquency rate declined in February, Lowest since November 2008
(DBN)

Existing Home Inventory up 6.7% year-over-year on March 31st
(DBN)

Circuit Certifies Questions on Lease Value in Bankruptcy
(DBN)

The government program that failed homeowners
(DBN)

The 25 Richest Neighborhoods In The New York City Suburbs
(DBN)

CA: 'Fiscal predator' Crisp sentenced in real estate fraud case
(DBN)

In Weeks Before Murder, Brooklyn Landlord Stark Asked People to Pray for Him
(DBN)

After 8 years, the real estate market is finally looking normal again
(DBN)

Bankruptcy Suit Claims D.R. Horton Left Miami Gardens HOA In A Mess
(DBN)

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Municipalities:

Detroit’s New Plan of Adjustment --- Detroit’s New Disclosure Statement --- Detroit files updated bankruptcy adjustment plan --- Detroit's New Plan --- New bankruptcy plan offers greater detail in spending $1.5 billion
(DBN)

Detroit's Revised Debt Plan May Cut Pensions Deeper --- Detroit Proposes Deeper Pension, Bond Cuts in Debt Plan --- Revised bankruptcy plan proposes new pension boards and trust funds --- Detroit revised bankruptcy exit plan envisions bigger pain for some
(DBN)

Detroit blasts bankruptcy creditors' request to delay debt-cutting plan
(DBN)

Speaking of Syncora…
(DBN)

Detroit City Council narrowly approves new Joe Louis lease to Red Wings
(DBN)

Legal expert thinks DIA subpoena is too broad
(DBN)

Detroit's bankruptcy cited by Mobile councilman as a warning
(DBN)

Is Chicago in Danger of Following Detroit's Financial Debacle?
(DBN)

Is Puerto Rico The Next Greece?
(DBN)

Normandy Not Bankrupt Now, But Its Future Remains Cloudy
(DBN)

The Public Pension Funding Gap: Highlights from the Future of Finance Forum
(DBN)

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Food/Beverage:

Johnny Carino's parent Fired Up files for Ch. 11
(DBN)

No plans to close Hawk 'n' Dove, other restaurants after bankruptcy filing
(DBN)

Quiznos Bankruptcy Could Have Roots in Franchisee's Suicide
(DBN)

Restaurant Performance Index indicates expansion in February
(DBN)

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Shipping:

Genco Shipping Says Still in Talks With Creditors to Restructure
(DBN)

____________

Autos:

Does Bankruptcy Protect GM?
(DBN)

GM recalls 662000 Chevy Silverado trucks, assorted SUVs, Cruze sedans
(DBN)

GM's Mary Barra and the crisis management test
(DBN)

GM enters harsh spotlight as Congress hearings begin --- GM’s Recall Woes Worsen as CEO Barra Prepares for House Grilling --- GM's Barra, NHTSA face Congress over recalls --- GM's Barra: We don't know what went wrong
(DBN)

Is GM Now Being Forced to Face Years of Denials?
(DBN)

GM Engineer Approved Substandard Ignition
(DBN)

Two Reasons The GM Recall Is Unlike Any Recall We've Ever Seen
(DBN)

U.S. Regulator to Fault G.M. in Ignition Inquiry
(DBN)

Agency Ready To Throe GM Under The Bus
(DBN)

A Complete Timeline Of The General Motors Recall, Starting In The Late '90s
(DBN)

New General Motors is looking more like old GM
(DBN)

Public deserves to know true costs of failed GM bailout
(DBN)

____________

Retailing:

Coldwater Creek Preparing to File for Bankruptcy --- Coldwater Said to Prepare Bankruptcy Filing After Sale Bid --- Why Coldwater Creek Tanked
(DBN)

Retail Stores Are Dying
(DBN)

Brookstone's bankruptcy woes don't mean the mall's dead
(DBN)

There's No Cash Left in Sears' Cash Register
(DBN)

____________

Religion:

Bankruptcy judge says sex-abuse lawsuit against Ursuline nuns may proceed in state court
(DBN)

Pat Robertson wants to know why Jewish people are so rich
(DBN)

____________

Corporate Reform:

Manhattan U.S. Attorney's Office Warns 'A Significant Financial Institution' May Get Charged With A Serious Crime
(DBN)

Top Wall Street Cop: Heads Will Now Start to Roll
(DBN)

____________

Compensation:

Mark Zuckerberg Reaped A $3.3 Billion Gain Last Year From Stock Options
(DBN)

____________

Currency:

Mt. Gox Hearing Preview: Mark Karpeles Aims for Deposition in Taiwan
(DBN)

The bitcoin rhapsody to continue
(DBN)

Bitcoin’s Swings Hurt Viability as Currency, Fed Economist Says
(DBN)

____________

Celebs:

Janice Dickinson's doctor fiance helps her settle debts
(DBN)

____________

Alternative Energy:

LDK Solar bondholders take haircut as NYSE starts de-listing
(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 (68 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (25 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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Avoidance Actions:

Anadarko to Dispute $20.8 Billion Tronox Claim April 4
(DBN)

An Analysis of the Potential for Recovery of Punitive Damages in Pennsylvania in an Action Under the Pennsylvania Uniform Fraudulent Transfer Act
(DBN)

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Secured Debt:

U.S. Supreme Court Will Not Hear Ch. 7 Junior Lien Strip-Off Case Brought by Bank of America --- Supreme Court denies certiorari in Sinkfield (chapter 7 lien strip-off case)
(DBN)

____________

Recent Pleadings:

 

______________

TBTF:

Why America's fear of 'too big to fail' is irrational
(DBN)

____________

Healthcare:

A tale of two Brooklyn hospitals
(DBN)

Fairmont General Hospital Board Approves Bidder
(DBN)

Cleveland Clinic CEO: 75% Now Have Higher Premium
(DBN)

Krugman: Obamacare, The Unknown Ideal
(DBN)

____________

Opera:

San Diego: Questions raised over opera leader pay
(DBN)

____________

Motorcycles:

Electric scooter company Vectrix files for bankruptcy
(DBN)

____________

Mass Torts:

Freedom Industries' President Will Not Be Paid During Bankruptcy
(DBN)

____________

Fraud:

SEC Fraud Trial Against Tx. Tycoons Starts
(DBN)

Guy Featured In Best-Seller About The Financial Crisis Faces Fraud Trial
(DBN)

____________

Fishing:

Five banks submit alternative rescue plan for Pescanova
(DBN)

____________

Furniture:

Furniture Brands properties up for auction
(DBN)

____________

UK:

Will A Chinese Banking Crisis Bankrupt HSBC Holdings plc?
(DBN)

____________

EU:

Eurozone Unemployment Continues To Be The Ugliest Chart In The World
(DBN)

Dexia Takes 447 Million-Euro Accounting Charge Due to ECB Review
(DBN)

____________

PIIGS:

Portugal's budget deficit falls, beats target set by creditors
(DBN)

Codere Restructuring Stalls as Bondholders Reject Debt Proposal
(DBN)

Spain Is On A Tear
(DBN)

Italy's Sorgenia still talking with banks over debt restructuring
(DBN)

Swift market comeback could be game-changer for Greece --- Greece Backslides
(DBN)

____________

Canada:

Administrative consolidation of proposals under the BIA: Re Electro Sonic
(DBN)

Canadians opt to negotiate debt woes, skip bankruptcy
(DBN)

Surplus Income Limits for 2014
(DBN)

Greece Backslides
(DBN)

____________

Germany:

Identifying Further Restructuring Risks in Germany
(DBN)

____________

France:

Reform of French Insolvency Law Overview of The Executive Order of 12 March 2014
(DBN)

____________

Russia:

Banks' Duty of Good Faith and Bankruptcy Law
(DBN)

Legal Aspects of the Bankruptcy Procedure in Russia
(DBN)

Russia sell-off spurs hunt for bargains
(DBN)

Russia's Alfa Group says Ukraine instability hurts financial position
(DBN)

____________

Ukraine:

Ukraine’s ‘Kamikaze’ minister battles to fix economy --- Putin: Russia Will Work With IMF On Ukraine --- Here's Some Sweet Justice For Putin --- Russia Sharply Hikes The Price Of Gas For Ukraine
(DBN)

____________

China:

China Big 5 Banks Step Up Bad Loan Disposals
(DBN)

Citic Leads The Charge For China's Financial Reform With HK Listing
(DBN)

Suing Chinese Companies In The United States Is Usually A Waste Of Time
(DBN)

Chinese PMI Rises To 50.3
(DBN)

____________

MENA:

Saudi Arabia's Algosaibi calls May creditor meeting -bankers
(DBN)

____________

Australia:

Federal Government begins charging for bankruptcy filings
(DBN)

____________

Iceland:

Krona Controls Strain Iceland Pensions as Bubble Risk Builds
(DBN)

____________

Austria:

Austrian bank levy to stay despite European fund
(DBN)

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