February 26, 2014

The Daily Bankruptcy News

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Law:

Hip-Hop VIPs' Favorite Bankruptcy Lawyer, The Man With The $2 Bills
(DBN)

Arnold & Porter offers buyouts to all secretaries
(DBN)

Report: Kasowitz made about 30 layoffs, including a number of lawyers, as big cases concluded
(DBN)

Is The Patton Boggs ‘Forest Fire’ Burning Out Of Control?
(DBN)

Ex-LeBoeuf Lamb Partner's Crime Revived by Dewey Case
(DBN)

Monitoring of Firm Puts The Rule of Law at Risk
(DBN)

18 Law Schools Just Missed NLJ Top 50 Ranking of Grads in BigLaw Jobs
(DBN)

Are All Types of Law Professors Created Equal?
(DBN)

What traits make lawyers good rainmakers?
(DBN)

Beyond Biglaw: Picking Partners
(DBN)

How Latham Cracked the Houston Market
(DBN)

King & Spalding Breaks $2M PPEP Barrier
(DBN)

Breaking Through That Legal Glass Ceiling
(DBN)

Female Equity Partnership Rate Is Up! (Just Kidding)
(DBN)

Law Firm Gets Greedy After One Of Its Partners Kills Himself
(DBN)

Heenan leaves 'a lot of angry people' behind
(DBN)

Renovating the Law: Reality vs. Wish Lists
(DBN)

The 12 Hottest iPhone And Android Apps Of The Month
(DBN)

Lawyer who tossed bean bags during closing won’t be held in contempt
(DBN)

SCOTUS: No constitutional right to challenge the government's pretrial freezing of assets needed to hire a lawyer
(DBN)

Attorney Disciplined For Using Competitor's Names In Google Keyword Advertising
(DBN)

Arizona Republicans who voted for anti-gay bill urge governor to veto --- Religious-Freedom Bills Proliferate in Statehouses
(DBN)

Colorado's Prison Director Spent One Night In Solitary Confinement — That's All It Took
(DBN)

Confused Japanese Tourists Lead Police On Erratic Chase In Utah
(DBN)

Wrong teen arrested, jailed 35 days in case against classmate with same first and last names
(DBN)

Lawyer and others face new charges in massive NYC disability fraud case, as dozens more are arrested
(DBN)

We raised our pizzas better than that
(DBN)

Say What?!
(DBN)

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Judges:

Judge was disbarred in 1998 but continued to work
(DBN)

Rejection Letter Of The Day: You’re Not Prestigious Enough To Clerk In My Less-Than-Prestigious Court
(DBN)

Federal Judge Goes Ballistic On Defense Counsel During Hearing
(DBN)

CNN’s Jeffrey Toobin: Supreme Court Afraid of The Daily Show
(DBN)

Bankruptcy Judge Blasts Lawyer for Filing Pleadings While Suspended
(DBN)

Prison Escapee Tells Federal Judge To Stick It
(DBN)

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Wall Street:

US Stock -Index Futures Gain Before Report on Home Sales
(DBN)

Markets Are Quiet
(DBN)

U.S. Stocks Fall After Weaker Housing, Confidence Data
(DBN)

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Layoffs:

JP Morgan to Fire 5,000 --- 8,000 jobs
(DBN)

The Rise and Fall of Labor Force Participation in the U.S.
(DBN)

These 9 Robots Are Stealing Our Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

Macy's 4Q Profit up 11 Pct; Sales Miss Forecasts
(DBN)

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Small Business:

Obamacare will raise premiums for 65% of small firms
(DBN)

____________

Banking:

Why Did the Bank Fail?: Defending Failed Bank Directors and Officers
(DBN)

Former Anchor Bancorp Official Faces Fraud Charges
(DBN)

US Fed says stress test results to be released on March 20
(DBN)

JPMorgan says reducing 2014 profit target, jobs
(DBN)

U.S. and Britain Join Forces in Bank Misbehavior Cases
(DBN)

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Health Care:

Restora Healthcare to Recapitalize Through Chapter 11 Process
(DBN)

What Obama Won't Say: Some People Will Pay More for Health Care
(DBN)

Another day, another Obamacare disaster
(DBN)

Obesity Rate Among Young US Children Drops 43%
(DBN)

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Bankruptcy Crimes:

Former Rockford doctor indicted for fraud
(DBN)

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Awards:

Kramer Levin Named Bankruptcy Law Firm of the Year by The M&A Advisor Turnaround Awards
(DBN)

Mintz Levin Receives M&A Advisor’s “Consumer Services Deal of the Year” Award
(DBN)

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Golf:

Defunct golf course in Clearwater sold
(DBN)

____________

Personal Finance:

Only A Quarter (26%) Find Bankruptcy Shameful: 62% More Worried About Credit Rating
(DBN)

7 Things You're Probably Overspending On
(DBN)

Best Places To Retire In The World
(DBN)

33 Tips That Will Help You Save Hundreds On Groceries
(DBN)

____________

Retailing:

Ten retailers with the worst customer service
(DBN)

____________

Student Debt:

Discover Subsidiary Faces Student Loan Investigation
(DBN)

Lawsuit Seeks Debt Relief for Students of Defunct Trade School
(DBN)

____________

Distressed Investing:

Which Distressed Area Is Best for Investing?
(DBN)

Apollo's Co-Founder Sees Opportunities to Invest in Distressed Debt
(DBN)

____________

Asset Protection:

AsiaTrust Gets Hauled Into The California Courts
(DBN)

____________

Economy:

Consumer confidence dips slightly in February
(DBN)

Consumers in US Growing More Concerned About Future
(DBN)

GOP Plan Cuts Top Tax Rate, Adds Surcharge to Attorneys, Accountants
(DBN)

Economic Indicators Dashboard
(DBN)

Wednesday: New Home Sales
(DBN)

Tighter policy a tool to deal with US systemic risk -Fed's Tarullo
(DBN)

America's Enduring Love for Cars and Homes
(DBN)

Tim Geithner's new book coming in May --- 'Stress Test' --- Geithner: 'We Saved the Economy … We Lost the Country'
(DBN)

Former Fed chair Ben Bernanke plans to publish a memoir
(DBN)

Lanyards and polo shirts: Life after the Federal Reserve
(DBN)

2008: Bernanke's Biggest Mistake
(DBN)

Ideology Became the Fed's Biggest Foe During the 2008 Financial Crisis
(DBN)

New index confirms it: This winter is miserable
(DBN)

Top Economist: Biggest Problem US Faces
(DBN)

25 Maps and Charts That Explain America
(DBN)

States give the most subsidies to an industry with a plummeting payroll
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home prices see biggest gains since 2005, and no bubble in sight --- Case-Shiller: Comp 20 House Prices increased 13.4% year-over-year in December
(DBN)

House Prices: Real Prices, Price-to-Rent Ratio, Cities
(DBN)

Housing Market’s Wild Ride: Boom Bust & Recovery
(DBN)

US home prices rises to slow to single digits this year: Reuters poll --- Distortion In Case-Shiller Data
(DBN)

Toll Brothers: Net Home Orders Down in Latest Quarter; Weather Only Partly to Blame
(DBN)

Home Depot Profit Tops Estimates as Housing Spurs Sales --- Home Depot sees smaller housing-market tailwind --- Geithner's Book to Tackle His Image as Wingman of Wall Street
(DBN)

The 25 Richest Neighborhoods In America
(DBN)

Morgan Stanley in talks to settle SEC's mortgage probe
(DBN)

____________

Municipalities:

Detroit / GOs: go figure
(DBN)

Art v. Pensions
(DBN)

Detroit's bankruptcy - Revenge of the 99%
(DBN)

The Detroit Mayor's Plan to Reinvent the City
(DBN)

Detroit’s Proposed Plan of Adjustment – Two Crucial Questions
(DBN)

In Detroit Bankruptcy, a Battle Over Speed --- Some creditors object to Detroit's effort to fast-track debt-cutting plan --- Bankruptcy judge won't delay Detroit debt-cutting plan --- Judge Rhodes pushes attorneys to keep Detroit bankruptcy on fast track
(DBN)

Why We Don’t Know What’s In Detroit’s Pension Cuts Proposal
(DBN)

Detroit pension cuts contradict Michigan constitution
(DBN)

Gov. Christi Calls for Pension Reform
(DBN)

Harrisburg , Pennsylvania, no longer needs receiver -judge
(DBN)

5 Least Literate Cites in America
(DBN)

Obama to outline plan to fix crumbling roads, rail, bridges
(DBN)

____________

Currency:

Mt. Gox says all transactions closed 'for time being'
(DBN)

Defending Bitcoin, Andreessen Says Mt. Gox Is 'Like MF Global'
(DBN)

Where Did the Bitcoins Go? The Mt. Gox Shutdown, Explained
(DBN)

Bitcoin Holders Resigned to Losses as Mt. Gox Faces Japan Probe
(DBN)

After Mt. Gox Implodes, Bitcoin CEOs and Lawmakers Scramble
(DBN)

Broken Walls Set Course for Bitcoin's 'Lehman Moment'
(DBN)

Krugman: Choose Your Monetary Adventure, Mt. Gox Edition
(DBN - NY Times - Paywall Limit Possible)

Bitcoin Exchange Mt. Gox Falls as True Believers Cheer --- The bitcoiners gag on Mt. Gox
(DBN)

Everything You Need to Know About the Mt. Gox Bitcoin Debacle
(DBN)

Bitcoin exchange fears $400m theft
(DBN)

____________

Mass Torts:

Freedom president speaks at creditor hearing --- Few creditors question WVa spill company --- 'Traumatic experience for everyone'
(DBN)

____________

Tax:

1099C: Is a Creditor’s Ability for Future Collection Impaired?
(DBN)

Credit Suisse Helped Clients Hide Billions, Senate Says
(DBN)

Swiss Bank Allegedly Used Elaborate Methods To Help Clients Avoid US Taxes
(DBN)

Senate Blasts Gov't Attorneys Over Failure to Prosecute Tax Cheats
(DBN)

Panel Seeks New Testimony by Former IRS Official Over Tea-Party Targeting
(DBN)

____________

Celebs:

Katherine Heigl Bankrupt? Broke 'Jenny's Wedding' Star Admits Money Problems In New Interview
(DBN)

Hollywood: Their Taxes and Your Taxes
(DBN)

____________

Museums:

Kearney archway museum to reopen Saturday
(DBN)

____________

Water:

CA. Drought: Asking for 20% Reduction in Use
(DBN)

____________

Fraud:

Obama Meeting Cited by S&P in Fraud Case Documents Demand
(DBN)

Ex-Madoff Executive Tells Jury She Wasn't Fazed by Backdated Trades
(DBN)

Ex-Jefferies Trader’s Customers Say Lies Part of the Job
(DBN)

Co-Defendant Opposes K&L Gates, Le-Nature's Accord
(DBN)

Fair Finance collections fall short as bankruptcy case hits 4th anniversary
(DBN)

____________

Telecoms:

Dish CEO compared to Nixon by LightSquared's Falcone
(DBN)

Dish Network to own huge block of spectrum
(DBN)

____________

Aviation:

'Palliative, not panacea': Analysts' diagnosis on Qantas ownership change
(DBN)

____________

Bankruptcy Crimes:

Bankruptcy petition preparer gets sentenced to nearly 4 years in prison
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (21 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:

Distressed Company Watch List
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Sales:

Bankruptcy Sales: “Free and Clear” – Round 2
(DBN)

____________

Avoidance Actions:

The Fraudulent-Transfer Risk of Intangible Consideration
(DBN)

____________

Bankruptcy Reform:

Senate Bill Seeks to Replace Dodd-Frank Title II
(DBN)

____________

Obits:

Ted Eisenberg, Remembering a Great and Kind Scholar
(DBN)

____________

Litigation:

Objecting to Predictive Coding Is Futile
(DBN)

____________

Insurance:

Sixth Circuit Finds No Bankruptcy Exception to Prohibition Against Direct Actions In Tennessee
(DBN)

____________

Finance:

Everything You Wanted to Know about CLOs, But Were Afraid to Ask
(DBN)

____________

TBTF:

Fed's Tarullo says need more work on too-big-to-fail banks
(DBN)

____________

Food/Beverage:

C&K aims for May emergence from bankruptcy
(DBN)

Quiznos Could File Bankruptcy by Monday
(DBN)

____________

Consultants:

Epiq Systems Announces 2013 Results Led by 45% Organic Growth in eDiscovery Operating Revenue
(DBN)

____________

Corporate Reform:

BofA Discloses Probes Amid Surge in Potential Legal Costs
(DBN)

Morgan Stanley agrees to pay $275m in fines
(DBN)

Banks' Legal Bills Linked to Crisis Linger
(DBN)

____________

Electricity:

Edison International Swings to Profit Despite Revenue Drop
(DBN)

____________

Agriculture:

CA: 1,000 Acres of Almonds Lost to Drought
(DBN)

____________

Tech:

Violin Memory Restructures
(DBN)

____________

UK:

Appeal Court Re-Writes Rules Relating to Insolvent Tenants
(DBN)

Trade Leads UK Economy to Growth as Recovery Broadens
(DBN)

Not a Recovery, It's a Bubble That Will Burst
(DBN)

Bradford Bulls suffer six point deduction for entering administration --- Ralph Rimmer has hit back at Bradford Bulls
(DBN)

Imran Ahmad fails to get 'bonus money' set aside before Rangers lawsuit
(DBN)

Former N-Dubz singer Dappy avoids bankruptcy after paying £140,000 tax bill
(DBN)

Bankrupt jailed for two years for failing to disclose assets or account for losses
(DBN)

Taylor Wessing: Landlords allowed to recover rent from administrators - But is it GAME over?
(DBN)

It turns out that benefits street is populated by rich people
(DBN)

____________

EU:

EU upgrades growth forecasts but says reforms essential
(DBN)

EU's brighter economic picture dulled by Italy, France
(DBN)

Junk Premiums Drop to Lowest Since 2007 in Europe on Sales Slump
(DBN)

____________

Canada:

Colossus Minerals Inc. Announces Creditor Approval of Proposal
(DBN)

____________

Ukraine:

West running out of time to agree Ukraine financial rescue
(DBN)

Moscow Not Legally Bound to Provide Ukraine Rest of $15 Billion --- Russia says no multilateral talks on Ukraine aid yet
(DBN)

The 25 Most Ridiculous Photos From The Homes Of Ukrainian Government Officials
(DBN)

____________

Germany:

Investors defend pull-out from rescue deal with insolvent German TV maker Loewe
(DBN)

Kirch’s Widow Seen as Driving Force in Deutsche Bank Peace Pact
(DBN)

German consumers increasingly confident
(DBN)

German ship bank HSH needs more aid - chairman
(DBN)

____________

Austria:

Austrian govt backs review of Hypo nationalization
(DBN)

____________

Jamaica:

Despite IMF reprieve, Bankruptcy Bill still faces time challenges
(DBN)

____________

MENA:

Amendments to the insolvency regime in the Qatar Financial Centre
(DBN)

____________

China:

Crisis Gauge Rises to Record High as Swaps Avoided
(DBN)

This Is Beijing, Less Than Three Weeks Apart
(DBN)

____________

India:

Clifford Chance Sees Debt Stress in India as KKR Seeks Deals
(DBN)

____________

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