April 10, 2014

The Daily Bankruptcy News

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Law:

ABA Job Numbers Are Out — Market Still Sucks --- Another Year, Another Lackluster Set of Law Grad Employment Figures --- Job outlook for newly minted lawyers still bleak, data shows
(DBN)

Ex-wife gets less in divorce of BigLaw partner because her badmouthing hurt rainmaking, judge says
(DBN)

ATL’s Sixth Annual Law Revue Video Contest
(DBN)

Leading corporate governance and securities litigator joins DLA Piper in Wilmington
(DBN)

More Law School Layoffs, This Time Due To A $36M Funding Gap
(DBN)

Why I Never Got Higher Than A ‘B’ In Law School
(DBN)

Three Florida Law Schools Make Top Ten for Grads With Most Debt
(DBN)

Lawyer couple make incredible ‘save the date’ video for their ‘boss wedding’ --- If You Make a Wedding Video Like This You Are Actually Insane
(DBN)

Federal Judge Shames Attorneys For Phone Use During Tech Trial
(DBN)

Attorney accused of stealing nearly $30M before his suicide; law firm bankruptcy has recovered $85K
(DBN)

Soft Skills — Other People’s Perceptions Are Always Right
(DBN)

Reasons To Close Your Practice
(DBN)

Big Law partners have a sensitive, spiritual side. Honestly
(DBN)

Eversheds joins cash-call rush following HMRC crackdown
(DBN)

Avoiding The Pain Of A Desk Job As A Contract Attorney
(DBN)

Review: Microsoft Word for iPad
(DBN)

This is what happens when a group of law students have a conversation about cats on Facebook
(DBN)

Jim DeMint Says There's No Way the Federal Government Freed the Slaves
(DBN)

Police Find Meth Pipe in Florida Official's . . .
(DBN)

Defiant Nevada rancher faces armed federal agents in escalating confiscation standoff
(DBN)

Man Burns Down His Apartment to Kill the Bugs
(DBN)

Police in City With Population of 7,000 Acquire Military Tank
(DBN)

How To Deal When Coworkers Lose Their Cool
(DBN)

5 Sneaky Ways To Get The Recognition You Deserve At Work
(DBN)

Man Ordered to Pay $5,001 for Peeing in Co-Worker's Coffee Pot
(DBN)

Difficult defendant ordered to represent himself after alleged BB gun threat to his latest lawyers
(DBN)

The Internet Helped Police Catch The Alleged Thief Who Stole A Woman's MacBook Air
(DBN)

Bridgegate Investigators Gave Christie's Lawyers An Ultimatum
(DBN)

20 Hurt At Pennsylvania High School After Stabbing Spree
(DBN)

Bratty teen parties after dropping parent lawsuit
(DBN)

Innocent Guy Released From Prison 25 Years After Prosecutors Suppressed Disney World Receipt Showing He Was Innocent
(DBN)

Lawyer Disbarred After Submachine Gun Possession Plea
(DBN)

Prosecutor gets her job back after filing police report against DA
(DBN)

6 of the strangest lawsuits making headlines
(DBN)

Katherine Heigl Sues Drugstore for Tweeting a Photo of Her
(DBN)

Oops. Rolling Stone cover puts John Hancock signature under Constitution tattoo on star’s bare back
(DBN)

Say What?!
(DBN)

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Judges:

DE: Chancery Court issues unprecedented arrest warrant
(DBN)

Attendees’ smartphones cause courtroom chaos at latest Apple-Samsung patent trial
(DBN)

Judge: Biker chicks and bird-lining
(DBN)

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Wall Street:

U.S. Stock -Index Futures Drop as Investors Watch Earnings
(DBN)

Stocks advance on Fed minutes, US earnings
(DBN)

Record number of dividend hikes in Q1
(DBN)

Goldman: Here Are The 19 Best Stocks For Fat Dividends And Huge Buybacks
(DBN)

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Layoffs:

Cajuns Edge Out Texas, North Dakota Oil Country With Lowest Unemployment Rate
(DBN)

What Managers Really Want To Know When They Ask 'What's Your Biggest Weakness?'
(DBN)

How Congress Will Keep America Employed: Road Work
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Proms:

Prom Bubble Bursts, Spending Falls 14%
(DBN)

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Tax:

Audit: 17 of 19 paid tax preparers got it wrong
(DBN)

The Uneasy Case against Tax Lien Subordination
(DBN)

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Mass Torts:

Garlock Judge Orders Destruction of Unredacted Trial Transcripts --- Garlock judge orders destruction of secret files
(DBN)

Another potential class action filed over W.Va. water crisis
(DBN)

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Celebs:

Teresa and Joe Giudice to clear $13M debt with $7500 --- Bankruptcy over, 'Real Housewives' stars Teresa, Joe Giudice still owe $13.4 million --- Teresa and Joe Giudice Fraud: Sentencing Nears As Couple Erases Bankruptcy Debt, Could Still Lose Everything? --- Teresa Giudice: Bankruptcy Papers Reveal Lavish Lifestyle --- Teresa & Joe Giudice Never Had A Dime & Were Just Living On Credit — $13 Million Worth Of Credit
(DBN)

Mickey Rooney shuts family out of will, leaves entire estate to stepson
(DBN)

Chrisley Knows Best: Todd Shows Off 'Grand' Home Amid Accusations of Hiding Assets in Bankruptcy Battle?
(DBN)

____________

Currency:

Bitcoin money-laundering charges will test digital currency laws
(DBN)

Bitcoin firms dumped by National Australia Bank as 'too risky'
(DBN)

____________

Fraud:

Jurors begin deliberations in DBSI fraud case
(DBN)

Bar To Investigate Complaint Against Maria Elena Perez In UM Case
(DBN)

Judge set to decide SAC Capital's penalty
(DBN)

HP Pays $108 Million To Settle Bribery Cases
(DBN)

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Economy:

US wholesale inventories up, sales rebound
(DBN)

IMF focuses on distressed loans
(DBN)

Fed struggled with interest-rate guidance, minutes show
(DBN)

Several Fed Officials Said Forecasts Overstated Rate Rise
(DBN)

Fed's Evans 'exasperated' by inflation warnings
(DBN)

Fed Officials See Dwindling Risks and Uncertainty in Their Forecasts
(DBN)

Bank Of America’s Harris Laments Fed Minutes Muddled Messaging
(DBN)

Stay-at-home moms: Leaning out or left out?
(DBN)

Deutsche Bank: Here Are The Only 5 US Economic Indicators You Need To Watch
(DBN)

What Happened to Fast-Food Workers When San Jose Raised the Minimum Wage?
(DBN)

How Many White Castle Sliders Does Minimum Wage Buy?
(DBN)

You Better Not Outlaw Living in Cars Unless You're Giving Out Houses --- Priced Out of Silicon Valley
(DBN)

Billion-Dollar Trends
(DBN)

Day care costs more than college in 31 states
(DBN)

The Growing Inequality In How America Saves For College
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Lawler: Number of Home Owners Lower than 2006!
(DBN)

New Mortgage Lending at 14-Year Low
(DBN)

MBA: Mortgage Purchase Applications Increase, Refinance Applications Decrease
(DBN)

Fannie, Freddie shareholders lobby against US housing reform bill
(DBN)

West Coast Condo Values Continue to Rise
(DBN)

What To Expect When Buying A Short Sale Property
(DBN)

Judge hands Tampa Port Authority another defeat on Channelside
(DBN)

___________

Municipalities:

Detroit settlement with insurers cuts bondholder losses --- Agrees to pay 74% on $388M claim in bankruptcy --- Bond Insurers’ Breakthough Settlement in Detroit --- Detroit's Orr Hopes Debt Deal Encourages Others
(DBN)

Detroit passes key milestone with insurer deal
(DBN)

Creditor cramdown could imperil money pledged for Detroit retirees
(DBN)

Detroit Bond Deal Shifts $100 Million to Pension Funds --- Detroit bankruptcy bond deal frees up $50M for pensioners, Orr says --- Orr implores Detroit unions to settle in wake of bond debt deal --- Orr Wants Debt Deals With Detroit’s Retirees, Workers Next Week
(DBN)

A better deal for Detroit pensioners - but is it good enough?
(DBN)

Details of Settlement: Mediators release deal terms
(DBN)

Snyder To Use New York Model In Post- Bankruptcy
(DBN)

City questioning, proposing to claim some of pensioner savings plans
(DBN)

Who’s objecting to Detroit’s plans
(DBN)

The Winners and Losers in Detroit Bankruptcy
(DBN)

Bond insurer in bankruptcy case has several bids for Detroit's DIA artwork --- Higher Price Tag Put on Detroit's Art --- Several billion-dollar bids --- Bond Insurers Say City Could Get $2 Billion --- Detroit creditors still have eye on city-owned art --- Detroit creditor shopped around DIA collection and got four offers of up to $2 billion
(DBN)

Detroit's emergency manager rebuffs new art sale proposal
(DBN)

Offers to save DIA would mean big trade-offs for city, pensioners
(DBN)

Detroit plans legal notices in fight vs. blight
(DBN)

100 days in, Mayor Duggan firming up reputation for getting hands dirty
(DBN)

Five Former Bell Officials Accept Plea Deal In Corruption Case
(DBN)

Puerto Rico calls in bankruptcy lawyers
(DBN)

Puerto Rico's New General Obligations Trade at Lowest Price
(DBN)

Report Finds a Los Angeles in Decline
(DBN)

Los Angeles should adopt Warren Buffett pension formula-report
(DBN)

Stockton: City, creditor still a ways apart
(DBN)

30 Amazing Before-And-After Snapshots That Show How New York Has Transformed Over Time
(DBN)

____________

Coal:

James River's bankruptcy may prove to be an anomaly
(DBN)

____________

Banking:

J.P. Morgan's Dimon Describes Year of Pain
(DBN)

____________

Healthcare:

BMC Confirms Hirings, Medical Practice Relocations
(DBN)

Palm Drive moves closer to closure as board considers options
(DBN)

White House releases data listing Medicare's top-paid doctors --- Everything you need to know --- Medicare data will help public fight fraud, officials say --- Doctor-Pay Trove Shows Data's Limits --- Florida eye doc got $21 million from Medicare in 2012 --- Here's The Controversial Doctor Who Got A Whopping $21 Million From Medicare --- The top 10 Medicare billers explain why they charged $121M in one year --- Small Slice of Doctors Account for Big Chunk of Medicare Costs
(DBN)

____________

Corporate Reform:

BofA Sets $783 Million Accord on Card Marketing Dispute
(DBN)

In scathing farewell, SEC lawyer says agency penalties just a ‘tollbooth on the bankster turnpike’
(DBN)

____________

Autos:

General Motors: Another Slap on the Wrist for a Crime in the Suites
(DBN)

Automaker's explanations on crashes don't fly
(DBN)

Analyst sharply cuts GM forecast --- Five Takeaways From the GM Safety Debacle
(DBN)

Big Car Makers in Race to Recall
(DBN)

____________

Baseball:

Newark Bears to hold liquidation sale, auction
(DBN)

____________

Environmental:

Clearing way for $5.15 billion settlement: Court says Kerr-McGee's successor is responsible for prior liabilities
(DBN)

____________

Ratings Agencies:

Moody’s, S&P Say Calpers Looking for Ratings Scapegoat
(DBN)

____________

New Bankruptcy Opinions
(3 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 (6 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:

AZ: Valley bankruptcies in March continue downward trend
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Equity:

There’s No Equity in Law
(DBN)

____________

Safe Harbors:

Seventh Circuit confirms the independence of the "settlement payment" and "securities contract" safe harbors of 11 U.S.C. 546(e)
(DBN)

ISDA nears "safe harbor" amendment completion
(DBN)

____________

Sales:

Free and Clear. Not So Fast. Bankruptcy Court Claws Back Ability to Sell Distressed Assets Free and Clear of Claims and Interests
(DBN)

____________

Claims Trading:

Tullett Prebon Alts. Unit Expands Into Bankruptcy Claims
(DBN)

____________

Estoppel:

Judicial Estoppel and Claims Not Disclosed in Bankruptcy
(DBN)

____________

TBTF:

Ally Financial Set to Cut Treasury Stake Through IPO
(DBN)

____________

Insurance:

Understanding an Agent's E&O Risks When an Insurer Becomes Insolvent
(DBN)

____________

Aviation:

American Airlines Delivers Rich Payout
(DBN)

Malaysia Airlines could opt for bankruptcy if multiple, costly lawsuits are filed in response to missing flight
(DBN)

Pings Heard Again in Malaysia Jet Hunt Stoke Optimism
(DBN)

The Business Class Seat Of The Future Will Blow Your Mind
(DBN)

____________

Gambling:

Union: Revel casino only worth $25M to $73M
(DBN)

____________

Compensation:

Jamie Dimon Got Paid $20 Million Last Year
(DBN)

____________

Distressed Investing:

Distressed Investors Beware: Assignment Restrictions May Not Mean What You Think in Certain Jurisdictions
(DBN)

Distressed Debt Fund Not a 'Financial Institution"
(DBN)

____________

Personal Finance:

How To Find Deals At Whole Foods
(DBN)

4 Money Lessons From Secret Millionaires
(DBN)

____________

Alternative Energy:

Fierce Winter Forces Maryland Renewable Energy Company into Bankruptcy
(DBN)

____________

Student Debt:

IL House calls for student loans to be forgiven in bankruptcy
(DBN)

____________

Food/Beverage:

Quiznos Delays Chapter 11 Exit
(DBN)

____________

UK:

Number of British businesses in distress reaches record low --- Businesses in distress down by half
(DBN)

ICAEW Sounds Alarm Over HMRC Bank Raid Power
(DBN)

____________

EU:

Euro-zone crisis over; at least the financial crisis is
(DBN)

European policymakers seek to reshape bundled debt market
(DBN)

____________

PIIGS:

Greece: Master of Suspense --- Greek yields tumble as investors primed to snap up new bonds --- Greek Bond Sale Said to Top $4 Billion in Market Return --- Back from cold, Greece announces market return --- Greek unions hold general strike over income cuts --- Greek return to financial markets attracts flock of investors --- Hellenic Fish Farming asks court for 65% debt cut
(DBN)

Some fraud charges dropped against ex-Anglo chiefs
(DBN)

____________

Austria:

Hypo gets another 750 mln eur state aid
(DBN)

____________

Ukraine:

Leave or we’ll force you out of our country, Interior Minister tells pro-Russian protesters --- The US Is Reportedly Refusing To Give Ukraine Intelligence About An Impending Russian Invasion --- Putin turns up economic heat before Ukraine talks
(DBN)

____________

Russia:

Here's Why Russian Cancer Patients Are Killing Themselves
(DBN)

____________

Japan:

Bankruptcies Fall to Pre-Crisis Level
(DBN)

____________

Norway:

Schjødt boosts restructuring practice with key hire
(DBN)

____________

China:

Chinese Exports Tumble
(DBN)

____________

Australia:

Personal bankruptcies rise as business insolvencies fall
(DBN)

____________

 

 

 

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