April 9, 2014

The Daily Bankruptcy News

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Law:

The Lateral Experience
(DBN)

Job Cuts Come to Edwards Wildman, As Revenue Drops 9%
(DBN)

The rapping lawyer and other true tales
(DBN)

The Biglaw Wedding To End All Biglaw Weddings
(DBN)

Tax Proposal Harms Law Firms, ABA President Says
(DBN)

Lifetime SEC Lawyer Totally Shreds The Agency On His Way Out
(DBN)

Lawyer who owes $35M in litigation debt says he has the cases to cover it
(DBN)

$9B in punitives awarded in Actos drug case; jurors deliberated less than two hours
(DBN)

‘You are not alone’: Law prof who considered suicide tells his story
(DBN)

White Law School Deans Can’t Jump
(DBN)

Who Are The Smartest Law Students? LSAT Scores And GPAs Arranged By Undergraduate Major
(DBN)

Pistorius wails while recalling shooting
(DBN)

Negotiating Tips For People Who Hate Negotiating
(DBN)

Productivity Mistakes You May Be Making
(DBN)

Best Android Phone Ever
(DBN)

Al Sharpton On His FBI Ties: I'm No 'Rat' — 'I'm A Cat'
(DBN)

Arizona socialite found guilty of murdering millionaire husband so she could collect insurance and continue lavish lifestyle
(DBN)

Du Pont heir didn't go to court-ordered clinic
(DBN)

Woman convicted for killing boyfriend with stiletto
(DBN)

America's Mentally Ill Prisoners Outnumber Hospital Patients, Tenfold
(DBN)

Lawsuit: Male stripper did show at NY nursing home
(DBN)

"Florida Woman doesn't play by the rules"
(DBN)

Christians in Pakistan sentenced to death over a text
(DBN)

Squirrel-Cooking Lawsuit Seeks $2M for Apartment Fire
(DBN)

LAPD Cop Sues City, Claims Discrimination Over Wiccan Religion
(DBN)

Texas Mayor Drops Gun At City Council Meeting
(DBN)

Police Officer's Near Death Experience Caught On Camera
(DBN)

Mother returns home to find babysitter has tattooed children
(DBN)

Despite out-of-state vacation alibi, man spent nearly 25 years in prison for murder he didn’t commit
(DBN)

The many disguises woman wore to track down ex-lover who still owes her $1.6m after 20 years
(DBN)

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Judges:

New Bankruptcy Judge In ED MI Gets Cases Assigned
(DBN)

ED NY Bankruptcy Judge Retires
(DBN)

“Are Court Stenographers Necessary?”
(DBN)

Jurisprudential Jousting With a Supreme Court Justice
(DBN)

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Wall Street:

U.S. Stock Futures Rise
(DBN)

US close : Stocks end modestly higher after choppy trading
(DBN)

Is Wall Street Rigged? Of Course It Is
(DBN)

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Layoffs:

Why extending unemployment benefits could be a logistical nightmare
(DBN)

"A Closer Look at Post-2007 Labor Force Participation Trends"
(DBN)

No WARNing of Bankruptcy?
(DBN)

5 Things You Should Never Do In A Job Interview
(DBN)

Twitter is surprisingly accurate at predicting unemployment
(DBN)

Krugman: Are class interests perpetuating high unemployment?
(DBN)

Workers Are Quitting Their Food Service Jobs, And That's A Really Good Sign
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Former Adams Produce Distribution Manager GM Sentenced To Prison For Part In Defrauding Government
(DBN)

Court ruling buoys victims of defunct Santa Rosa financial firm
(DBN)

CVS to pay $20 mln to settle SEC fraud charges
(DBN)

US Wants One Trial in $5bn S&P Fraud Case
(DBN)

U.S. Attorney Asks Judge for Three Year Sentence for Former KPMG Partner
(DBN)

Olympus says being sued by six banks for $273 million over 2011 scandal
(DBN)

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Banking:

Big banks to get higher capital requirement
(DBN)

JPMorgan's Dimon says U.S. banks healthy, Europe lagging
(DBN)

____________

Celebs:

Chrisley Knows Creditors Best? --- Reality TV Dad Used Wife to Hide Assets As They Reportedly 'Haven't Worked Since 2012'?
(DBN)

Teresa Giudice Makes Fans Pay Cash For Autographs
(DBN)

Joe and Teresa Giudice New Docs Reveal Lavish Deadbeat Lifestyle
(DBN)

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Retailing:

Loehmann's to be brought back to life online
(DBN)

Calumet Photographic Finds a Buyer
(DBN)

Wal-Mart's Dismal Same-Store Sales
(DBN)

Why teen retailers continue to struggle
(DBN)

____________

Gambling:

The New Jersey Casino Experiment Has Failed
(DBN)

Mohegan second in bid for bankrupt Miami casino
(DBN)

____________

Aviation:

American to distribute final common stock allocations to creditors
(DBN)

American, US Airways latest to revamp mileage awards --- American Raises Miles Needed for Free Travel on Busiest Days
(DBN)

Etihad completes Alitalia health check
(DBN)

Two More 'Pings' Detected In Missing Plane Search --- Search for Malaysian jet to be costliest in history
(DBN)

____________

Awards:

International Women’s Insolvency & Restructuring Confederation Announces 2014 Founders Awards Recipients
(DBN)

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Shipping:

Overseas Shipholding Approved to Sign $300 Million Deal
(DBN)

____________

Economy:

IMF: World economy is stronger but faces threats
(DBN)

IMF Says U.S. Drives Growth as Russia, Brazil Weaken --- Rich Nations Bolster Global Growth, I.M.F. Says
(DBN)

Fed should be more specific about rate-hike plans - Plosser
(DBN)

Fed needs collective vision on rates: Kocherlakota
(DBN)

NFIB: Small Business Optimism Index increases in March
(DBN)

CBO: Federal Deficit through March $187 billion less this year than it was in fiscal year 2013
(DBN)

February job openings rise to 4.17 million --- Job openings rise to six-year high in February
(DBN)

The State Of The Global Economy In Two Giant Slides
(DBN)

The New Gilded Age
(DBN)

US: Young Workers Destined for Failure
(DBN)

Study: Untaxed corporate profits held overseas top $2.1 trillion
(DBN)

A Major Demographic Tailwind Is Coming That Could Make The US Boom For Years
(DBN)

Wall Street's Brightest Minds Reveal The Most Important Charts In The World
(DBN)

More US moms are staying at home with kids: study --- It's complicated
(DBN)

Why We're Not Going In To Recession
(DBN)

Equal pay fact sheet: beyond the gender gap of '77 cents for every dollar' --- The End of Men, in one chart --- Why Women Don't Ask For More Money --- The States With The Largest Pay Gaps Between Men And Women
(DBN)

The proof is in the data: Time to raise the U.S. minimum wage
(DBN)

Stop adding up the wealth of the poor
(DBN)

Trouble Is Coming If Corporations Keep Squeezing Labor
(DBN)

Murray: 'Threat is growing’ of Highway Trust Fund bankruptcy
(DBN)

Beef: It's What You Can't Afford for Dinner
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Citigroup To Pay $1.13 Billion Over Sketchy Mortgage Practices
(DBN)

Housing Tracker Existing Home Inventory up 7.7% year-over-year on April 7th
(DBN)

Las Vegas Real Estate in March: Year-over-year Non-contingent Inventory up 128%
(DBN)

Phoenix "listings are way up and sales are way down"
(DBN)

Mortgage Monitor: Delinquencies are below 6% for the first time since 2008, "Little Sign of Easing" in Credit Standards
(DBN)

BofA, Allstate End $700 Million Mortgage Securities Suit
(DBN)

Lawsuit accuses OneWest of defrauding U.S. mortgage program
(DBN)

____________

Municipalities:

Detroit bankruptcy breakthrough: City hammers out deal with unsecured bondholders
(DBN)

Snyder to Detroit pension funds: Time to settle
(DBN)

State involvement expected after Detroit Emergency Manager leaves
(DBN)

Detroit's 'no' chorus continues through bankruptcy
(DBN)

Other cities should help Detroit get back on its feet
(DBN)

When will Detroit's emergency manager be done?
(DBN)

Former-Goldman Sachs VP: Detroit bankruptcy didn't need to happen
(DBN)

Coachella Valley Unified School District may lay off 147
(DBN)

Illinois House passes bill for Chicago pension changes --- Illinois lawmakers send Chicago pension bill to governor
(DBN)

Puerto Rico Taps Cleary Gottlieb for Restructuring Help --- Puerto Rico fiscal year revenue rises 4.6 pct to date
(DBN)

Desperate for taxes, Puerto Rico tries to get grip on underground economy
(DBN)

Cranston removed from 'distressed communities' list
(DBN)

____________

Religion:

Archdiocese of Milwaukee Bankruptcy Inches Forward
(DBN)

____________

Healthcare:

TLC Health granted another employment extension
(DBN)

Possible relocation of emergency services raises concern at Northern Berkshire community meeting --- U.S. Rep., Senators push action to restore emergency services for North Berkshire
(DBN)

North Adams concerns: bankruptcy , healthcare, unemployment
(DBN)

Palm Leaves
(DBN)

Survey Estimates Net Gain of 9.3 Million American Adults with Health Insurance --- New Study Says Obamacare May Be Working — But Not In The Way Anyone Expected
(DBN)

Many Obamacare Critics Grabbed the Federal Subsidies
(DBN)

Obamacare 'accomplishing goal': Gallup poll
(DBN)

Krugman: Any workable GOP plan would look pretty much the same as Obamacare --- House Republicans Are Quietly Giving in to Obamacare
(DBN)

Final Medicare payments to insurers 'less worse': analysts
(DBN)

5 Hidden Costs of Hospital Visits
(DBN)

____________

Currency:

US court can't reach Mt. Gox's Karpeles: lawyer
(DBN)

____________

Resorts:

Judge upholds $41M ruling against Tim Blixseth
(DBN)

____________

Mass Torts:

Bankruptcy judge nixes plan for Mitchell to distribute rail disaster insurance funds for now
(DBN)

____________

Hedge Funds:

Hedge Fund Manager Philippe Laffont To Return $2 Billion To Investors After 'Gut-Wrenching' Month
(DBN)

____________

Personal Finance:

4 Common Money Mistakes Smart People Make
(DBN)

98 Of The Best Things In Life That Money Can't Buy
(DBN)

____________

Autos:

U.S. says GM in violation of its order to answer questions about recall
(DBN)

GM Workers Who Built Defective Cars Fret Recall Hurting Comeback
(DBN)

Massive Toyota Recall
(DBN)

____________

Financial Literacy:

10 Easy Ways To Teach Kids About Money
(DBN)

____________

Apparel:

PBGC Hardwick filing draws reply
(DBN)

___________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (36 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:

Interactive Bankruptcy Statistics Map
(DBN)

______________

New:Take Our Bankruptcy Reform Issues Survey
(DBN)

Claims Trading:

Court Judgment May Set Interesting Precedent In $75 Million Meridian Sunrise Village Bankruptcy Case
(DBN)

____________

Miscellaneous:

The 2014 Champion Of Weil’s March Madness Is…
(DBN)

The Bankruptcy & Reorganization Bullet Report
(DBN)

____________

CROs:

A Win and a Loss for CROs
(DBN)

____________

Cross-Border:

Chapter 11 of the US Bankruptcy Code: An Instrument for International Businesses
(DBN)

____________

Avoidance Actions:

Recording Defects: A Continuing Theme – Trivial Mistakes May Not Be So Trivial
(DBN)

____________

Bankruptcy Rules:

Agenda for the April 2014 Meeting of the Advisory Committee on Bankruptcy Rules
(DBN)

____________

Recent Pleadings:

USEC Paid $16M In Debt Counseling Fees, $7.6M In Insider Bonuses On Its Way Into Bankruptcy
(DBN)

Sbarro Committee Pans DIP Financing: Preordains secured creditor result without compensating unsecured creditors for unencumbered asset
(DBN)

______________

Consultants:

Joseph Miller Joins Hilco Global As EVP
(DBN)

____________

TBTF:

Fund managers beware: you're next
(DBN)

Fed votes to adopt tougher leverage rules for big banks
(DBN)

Big Banks Need Another $68 Billion to Be Considered Safe
(DBN)

____________

Currency:

MtGox CEO faces likely US arrest as legal woes mount
(DBN)

Stockman Wants IRS to Reconsider Bitcoin Decision
(DBN)

____________

Food/Beverage:

Abner's chain files Chapter 11 bankruptcy
(DBN)

Bankrupt Quiznos Settles With Franchisees in Cost Dispute
(DBN)

____________

Turnarounds:

Kick the Can or Use the Runway?
(DBN)

____________

Fishing:

Pescanova Stakeholders Extend Talks as Liquidation Process Looms
(DBN)

____________

Weather:

Calif. Snowpack 10% of Normal
(DBN)

____________

Corporate Reform:

SEC Lawyer: We're Too Timid on Wall St. Crime
(DBN)

____________

Finance:

Banks Urge Basel U-Turn on Global Asset-Backed Debt Rules
(DBN)

____________

Sovereigns:

Bondholder Schadenfreude Exposed as Argentina’s Debt Gains
(DBN)

____________

UK:

ICAEW: HMRC could supersede insolvency law with new powers
(DBN)

UK to outperform other big economies with 2.9% growth, IMF predicts
(DBN)

Law Society criticizes taxpayer crackdown by HM Revenue & Customs
(DBN)

Independent Scotland would face immediate 23 billion pound debt - report
(DBN)

____________

EU:

Euro Bonds Ignore Growth Concern on ECB Before Greece Sells Debt
(DBN)

ECB Faces Bankers Venting Concerns on Balance Sheet Health Check
(DBN)

____________

PIIGS:

Greece raises 1.3bn amid bond speculation --- Greek borrowing costs decline ahead of bond issue --- Greece Economy Has Started To Rebound But Stability Is Still A Long Way Off --- Greece faces long road to recovery, despite financial rebound
(DBN)

Spain's Colonial agrees to 1 billion euro refinancing plan
(DBN)

Decision on Dunne's New York project plans next month
(DBN)

Renzi Cuts Italy Growth Forecast, Calls for Rich to Give
(DBN)

____________

Canada:

Arctic Beverages Ltd. seeking creditor protection
(DBN)

____________

Ukraine:

Russian GDP Growth Forecast Cut by IMF on Ukraine Crisis --- All-Out Brawl In Ukrainian Parliament --- Russia warns of civil war if Ukraine uses force to quell eastern revolts --- Crimeans Homeless in Ukraine Seek Solace in Kiev Asylums --- Pro-Russian Separatists In Ukraine Seize Government Buildings, Demand Russian Intervention --- Ukraine Bonds Extend Slump as Hryvnia Falls to Record on Gas Row --- John McCain: Let's Arm Ukraine
(DBN)

____________

China:

Chaori Solar Shares Tumble as Huatesi Polymer Enters Bankruptcy
(DBN)

China's economy losing steam
(DBN)

____________

Malaysia:

Bankruptcy cases rising, warns minister
(DBN)

____________

 

 

 

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