April 11, 2014

The Daily Bankruptcy News

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Law:

A Former Partner’s Perspective On Legal Recruiters And Lateral Partner Moves
(DBN)

After lawyers exit, Downey Brand lays off 17 staff members; remaining lawyers are busy, leader says
(DBN)

Bad (Online) Reputation
(DBN)

Funny Or Inappropriate? Law School Intramural Team Name Edition
(DBN)

Prosecutor Says It’s His Constitutional Right To Beat His Son
(DBN)

Linklaters promotes more women than men for the first time ever
(DBN)

Judge Blocks State’s Attempt to Subpoena Former Christie Staffers
(DBN)

2nd Circuit asks top NY court to explain minimum needed to satisfy in-state law office requirement
(DBN)

Why Can't Lawyers Learn to Use Hashtags?
(DBN)

Elite FBI team rescues prosecutor’s dad from kidnappers in Atlanta
(DBN)

Woman Robbed on Street While Doing Interview About Street Robbery
(DBN)

Ten killed as FedEx truck hits bus carrying teenagers in California
(DBN)

Death of ‘Dueling Banjos’ creator brings litigation anecdote to light
(DBN)

Lawyers caught boozing in office restroom
(DBN)

F. Lee Bailey Denied Maine Chance
(DBN)

Blogging barrister refers himself to the Bar Standards Board after committing ‘very serious’ contempt of court
(DBN)

11th Circuit nixes immunity for sheriff’s officers who recorded attorney-client conversation
(DBN)

Say What?!
(DBN)

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Judges:

Judge’s employee nicknames were discourteous and undignified, ethics complaint alleges
(DBN)

Judge reprimanded for comment about proliferation of women lawyers; was he misunderstood?
(DBN)

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Wall Street:

U.S. Stock -Index Futures Decline as JPMorgan Retreats
(DBN)

Nasdaq plunges 3%; Dow closes down 267 points
(DBN)

High-Frequency Trades Are 'Intense Focus' of SEC, White Says
(DBN)

6 Strategies For Getting A Raise Without Asking
(DBN)

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Layoffs:

Oshkosh Corporation announces over 700 layoffs
(DBN)

Telkom ( International ) - 3,000+ Layoffs Possible
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Consultants:

AlixPartners sues restructuring consultants who jumped to McKinsey
(DBN)

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Shipping:

Private equity’s role in a distressed shipping market
(DBN)

Chang Jiang Shipping Faces Asset Liquidation
(DBN)

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Electricity:

Judge awards fees to former SME trustee
(DBN)

Glacial Energy Files for Chapter 11 Bankruptcy
(DBN)

Energy Future Bonds Surging as Bankruptcy Negotiations Progress
(DBN)

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Fraud:

9 Pieces Of Good Advice From Notorious Business People
(DBN)

Judge accepts SAC guilty plea, $1.2 billion payout for fraud --- SAC Capital $1.8 billion penalty approved
(DBN)

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Aviation:

The untold story of American Airlines' big payout
(DBN)

Etihad and Alitalia talks stall over job cuts
(DBN)

Malaysia Airlines plane search: New signal possibly detected
(DBN)

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Compensation:

Bank CEO Pay Remains Below Pre-Crisis Levels
(DBN)

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Finance:

Collateralized loan obligations: Our next financial nightmare
(DBN)

Faulty Hedges in Junk Loans Foil Rate Protection
(DBN)

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Healthcare:

NARH Closure Taking Toll on Community
(DBN)

$627,588 in employee benefits owed to NRMC
(DBN)

Palm Drive counting down days to probable closure
(DBN)

Community Health Systems to reorganize under chapter 11 in bankruptcy court
(DBN)

Top Paid Medicare Doctors: We Have Reasons
(DBN)

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Alternative Energy:

The Solar Industry Has Been Waiting 60 Years For This To Happen
(DBN)

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Mail:

Why the GOP Loves Obama's Post Office Plan
(DBN)

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Economy:

Applications for US Jobless Aid Dip 32K to 300,000 --- Jobless Claims in U.S. Drop to Lowest Level Since 2007
(DBN)

U.S. Posts Smallest March Federal Budget Deficit Since 2000
(DBN)

Charting the Misery Index
(DBN)

Millennials Still Feel the Recession's Bite
(DBN)

IRS, Social Security Targeting Taxpayers for Their Parents' Old Debts
(DBN)

We're Getting Used to Financial Hardship
(DBN)

The Worrying Collapse of Global Trade
(DBN)

Jamie Dimon Explains Why The Fed's Massive $4.5 Trillion Balance Sheet Is Actually Small
(DBN)

What It's Like To Live In Your Car On The Streets Of New York City
(DBN)

The 10 Best-Paying Cities In America
(DBN)

Is America Becoming Mississippi?
(DBN)

US Oil Reserves Highest Since 1976
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Leases: The Special Case of a Governmental Landlord
(DBN)

Rising Foreclosure Starts, Auctions Boost Foreclosure Activity In March
(DBN)

Mortgage rates fall
(DBN)

Citigroup blasts developer Pat Turner for 'desperate, misguided' effort to keep Westport land
(DBN)

Carter's Grove on block May 21
(DBN)

Trailer Parks Lure Wall Street Investors Looking for Double-Wide Returns
(DBN)

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Municipalities:

Politics in his future? Detroit case has "done me in", Orr says
(DBN)

Detroit’s Orr Explains Bondholders’ 74% Recovery: Five Questions
(DBN)

Judge to rule on Detroit swaps deal with 2 banks
(DBN)

Detroit's $85 Million Swaps Fight Hints at Tough Battle
(DBN)

Unions: Detroit Firefighters, Police Officers ‘Will Be Destitute’ Under Emergency Manager’s Plan
(DBN)

Orr Shoots Down Creditors’ $2 Billion Art Proposal --- Battle over Detroit's art collection
(DBN)

Here’s the (latest) motion related to the DIA art sale
(DBN)

Plan to 'accelerate' Detroit water department pensions awash with criticism
(DBN)

Fitch: Detroit Plan Shows ULT Pledge Has Adequate Protection
(DBN)

Wayne County requests mediator in regional water talks
(DBN)

Ex-city official gets nearly 12 years
(DBN)

Puerto Rico hires third US restructuring firm
(DBN)

Puerto Rico Removal Fuels Record Drop in Risk Index
(DBN)

Financial Tyranny in Puerto Rico
(DBN)

Bunker Hill dangerously close to bankruptcy
(DBN)

Act 47 bill provides more state leverage
(DBN)

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Pensions:

Reimbursement Issue Puts Snag In Plan By Cleveland Businessman Allan Jones To Buy Hardwick Clothes
(DBN)

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Autos:

GM puts 2 engineers on paid leave in recall case
(DBN)

GM shares drop to near IPO price of $33
(DBN)

Why Wall Street Is Turning Against General Motors Company
(DBN)

GM Finds New Ignition Flaw
(DBN)

GM expands ignition recall, takes $1.3B charge
(DBN)

New GM: Same as it ever was?
(DBN)

New Texas GM Lawsuit Names Cobalt Engineers as Defendants
(DBN)

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Retailing:

Coldwater Creek Files Bankruptcy After Clothing Sales Fall --- Coldwater Creek to close down
(DBN)

Family Dollar to Close 370 Stores, Cut Jobs Amid Business Review
(DBN)

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Mass Torts:

Insurers Join in Efforts to Unseal Asbestos 'Misrepresentation' Evidence
(DBN)

Feds to remove WV chemical spill evidence at Freedom Industries
(DBN)

Probe finds Maine railway failed to reveal 22 incidents before deadly Quebec derailment
(DBN)

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Telecoms:

LightSquared to Borrow $74 Million More to Fund Bankruptcy
(DBN)

BlackBerry Might Give Up Making Phones
(DBN)

Bankrupt company claims Fifth Third is blocking sale to Wal-Mart
(DBN)

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Hedge Funds:

Meet The 31-Year-Old Hedge-Fund Trader Who Made $119 Million Last Year
(DBN)

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Tax:

Private equity tax breaks: How long will they last?
(DBN)

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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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (24 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:

Red Ink, Red-Eyed Judges, and the High Costs of Crowded Bankruptcy Courts
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Automatic Stay:

Lawyer's 'Tactic' in Bankruptcy Cases Draws Judge's Ire
(DBN)

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Sales:

Fisker Automotive Puts the Brakes on Distressed Investors' Right to Credit Bid
(DBN)

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Last Day: Take Our Bankruptcy Reform Issues Survey
(DBN)

Insurance:

Why Agencies Need to Pay More Attention to Insurer Insolvency
(DBN)

Policyholder’s Bankruptcy Does Not Relieve Insurer’s Obligations for “Loss”
(DBN)

D&O Policy’s Professional Services Exclusion Does Not Preclude Law Firm’s Coverage for False Advertising Claim
(DBN)

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Personal Finance:

Why You Shouldn't Use Your Credit Card For Every Purchase
(DBN)

Savings showdown: Retirement or college tuition?
(DBN)

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Coal:

Judge: James River Coal operations can go on
(DBN)

Fitch: James River Filing Unlikely to Alter Competitive Terrain
(DBN)

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TBTF:

Ally Financial shares fall in debut
(DBN)

____________

Gambling:

Casino Union Runs the Numbers on Revel
(DBN)

____________

Video Games:

Judge to take up 38 Studios document release
(DBN)

____________

Banking:

Sonoma bank fraud charges cast new light on Charter Oak failure
(DBN)

Jamie Dimon Hits Final Stage of Grief
(DBN)

____________

Currency:

Would a U.S.-Based Bitcoin Exchange Be Eligible for Bankruptcy?
(DBN)

Bitcoin Prices Plunge To A Five-Month Low
(DBN)

An Investors Group Wants Bankrupt Mt. Gox for One Bitcoin
(DBN)

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Corporate Reform:

Law students seek release of secret nonprosecution deals with corporations
(DBN)

____________

Video Games:

House Oversight panel meeting on 38 Studios
(DBN)

____________

UK:

Government offers £10m as coal pits in deep trouble
(DBN)

Closures spell the death knell for deep coal mining in the UK
(DBN)

Westminster’s £10m loan delays coal mine closure
(DBN)

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PIIGS:

Greek bonds fly off the shelves --- Bombing outside Greek central bank --- Bond markets cannot get enough of Greece, as debt auction proves --- Merkel Hopes for Warmer Reception in Athens Return
(DBN)
(DBN)

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Canada:

CBC cuts 650 jobs, retreats from sports to trim costs
(DBN)

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Ukraine:

NATO Releases Ominous Satellite Images Of Russian Troop Buildup Outside Ukraine --- Putin Warns Europe on Natural Gas Shortages
(DBN)

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Finland:

S&P cuts outlook on Finland's credit rating
(DBN)

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Mexico:

Mexico Prosecutors Seek Bankruptcy Protection for Oceanografia
(DBN)

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