February 4, 2014

The Daily Bankruptcy News

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Law:

What’s Going On At Kirkland & Ellis?
(DBN)

Snapshot: Mark Manski
(DBN)

This Georgia Lawyer Had The Most Epic Super Bowl Commercial Of The Night --- Forget the Clydesdales: This is the Super Bowl Ad You Need to See --- Jamie Casino’s Two-Minute Super Bowl Law Thingy --- Lawyer’s local Super Bowl ad is described as ‘completely nuts’ and a masterpiece
(DBN)

Departure Memo Of The Day: Where The Wild Things Are
(DBN)

The Bizarre Lies That Came Before An Ex-Harvard Law Student's Insider Trading Trial
(DBN)

Yale Law Professors, For The Win
(DBN)

Social Media Matters For Solo And Small-Firm Lawyers
(DBN)

Don't Look for Absolution in the Legal Profession
(DBN)

A Non-Equity Partner’s Rant
(DBN)

Heller Judge Brings Clarity to Clawback Debate
(DBN)

Constant Churn: The 2014 Lateral Report --- Is Reliance on Lateral Hiring Destabilizing Firms? --- How Latham Cracked the Houston Market
(DBN)

How Best to Train Junior Lawyers
(DBN)

The Self-Sufficient Client: 3 Good Ideas (and a Bad One)
(DBN)

Philip Seymour Hoffman: Too many lawyers know what he might have been thinking before last use
(DBN)

Wife of lawyer who sued over raid on home collapses at courthouse and dies
(DBN)

Give Credit Where Credit’s Due
(DBN)

Law firm is blank canvas for local painter in residence
(DBN)

Orrick Announces 15 New Partners
(DBN)

Police: Couple die of carbon monoxide poisoning while ...
(DBN)

Lawyer’s sloppy first-take advert becomes viral hit
(DBN)

Web Companies Release NSA Data Requests
(DBN)

How a Lawyer Got Out of His $1 Million 'Challenge' on NBC's 'Dateline'
(DBN)

Safe To Say These Boys Won’t Be Playing “Doorbell Ditch” Again – Ever
(DBN)

Man stopped with 100 chickens in vehicle
(DBN)

Mug Shots
(DBN)

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Judges:

Seven-minute decisions must be made in this immigration court
(DBN)

Justice Alito: Court can't worry about popularity
(DBN)

Neighbors blame judge for aggressive dogs on the loose
(DBN)

______________

Wall Street:

US Stock -Index Futures Rise, Signaling Rebound as Yum Advances
(DBN)

Asian Market Wipeout
(DBN)

Dow Plunges Over 300 Points
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

______________

Layoffs:

Bombshell Fed Report Suggests The Labor Market Is Tighter Than People Think
(DBN)

A Republican Senator Has A Smart Plan To Help The Long-Term Unemployed
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Retail shopping in US is changing fast
(DBN)

Why Middle Tier Retailers are Failing
(DBN)

A&G Realty Partners Retained by Madison Capital to Manage Sale of All Remaining Loehmann’s Store Leases
(DBN)

Dots Drawing Interest From Potential Buyers as Auction Looms
(DBN)

Target Directors and Officers Hit with Derivative Suits Based on Data Breach
(DBN)

Men Who Hate Shopping
(DBN)

____________

Mass Torts:

MM&A Railway sues crude oil owners
(DBN)

BP digs in as last leg of Gulf oil spill trial approaches
(DBN)

Company responsible for chemical leak no stranger to bankruptcy
(DBN)

Lawsuits over leak continue despite Freedom bankruptcy
(DBN)

W.R. Grace emerges from bankruptcy , finally
(DBN)

5 Takeaways From the WR Grace Bankruptcy
(DBN)

____________

Consumer Finance:

Elizabeth Warren: Allow Post Office to Offer Small Loans
(DBN)

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Personal Finance:

7 Steps To Getting Financially Ready For A New Baby
(DBN)

6 Ways To Score Upgrades And Perks While You're Traveling
(DBN)

The 12 Worst Money Habits And How To Break Them
(DBN)

____________

Newspapers:

Lee Enterprises Gets $200 Million Loan to Refinance Exit Deal
(DBN)

____________

Economy:

ISM Manufacturing index declines sharply in January to 51.3 due to "adverse weather conditions"
(DBN)

Here's The Weird Thing About Today's Ugly ISM Manufacturing Report
(DBN)

Lew calls for urgent increase in US borrowing limit --- Government likely to exhaust debt ceiling options soon, Lew warns
(DBN)

Yellen Sworn in as Fed Chairman as Bernanke Joins Brookings --- The Challenge Of The Yellen Era
(DBN)

It's Become Clear Exactly What Wall Street's Enemies In The Senate Want Janet Yellen To Do At The Fed
(DBN)

The Middle Class Is Steadily Eroding. Just Ask the Business World
(DBN)

Global Manufacturing Growth Barely Changed In January
(DBN)

What? They Didn’t Built That?
(DBN)

Some Businesses Hurt, Others Not, by Minimum Wage
(DBN)

Raise the Minimum Wage, and Expenses, Not People, Will be Cut
(DBN)

What would the U.S. map would look like if state size matched population?
(DBN)

This Map Shows How The GDP Of US States Compare To Countries Around The World
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Lenders Should Consider Suggesting Bankruptcy to Borrowers Following the Sale of Delinquent Taxes on a Principal Residence
(DBN)

Delinquent Property Taxes: Beware the Risk of Tax Deeds
(DBN)

Court Correctly ‘Stripped Off' Condominium Association's Wholly Unsecured Lien
(DBN)

NAHB: Builder Confidence improves year-over-year in the 55+ Housing Market in Q4
(DBN)

Construction Spending increased slightly in December
(DBN)

Mortgage Monitor: Foreclosure Starts Lowest Since April 2007
(DBN)

MBA: Commercial And Multifamily Mortgage Originations Up 15% For 2013
(DBN)

Developer behind controversial Jamesport project files for bankruptcy
(DBN)

Colony judge postpones decision
(DBN)

___________

Municipalities:

Survey: Only 16% of Michigan's local leaders support state aid for Detroit
(DBN)

Detroit Turns Bankruptcy Into Challenge of Banks
(DBN)

Detroit asks bankruptcy judge to disband creditor committee
(DBN)

UM poll: Detroit Bankruptcy Was The Right Decision
(DBN)

Kevyn Orr: Newsmaker, Emergency Manager, Attorney & Cochran-like for sure!
(DBN)

Can Detroit pension board survive the fallout of its predecessor?
(DBN)

While fighting bankruptcy , Detroit sells a comeback
(DBN)

At DIA, executives' pay up 17% since 2010
(DBN)

Cobo bond repayment will return money to counties
(DBN)

13 US Cities In Recession
(DBN)

Alaska, Falling Oil Revenue and Fiscal Cliff
(DBN)

State of Illinois Credit under the Spotlight
(DBN)

____________

Autos:

GM And Ford Sales Plunge
(DBN)

Chrysler's sales rose 8%
(DBN)

____________

Textbooks:

Cengage Reaches Bankruptcy-Exit Settlement with Creditors --- Deal to cut $4 bln in debt and exit bankruptcy
(DBN)

____________

Fraud:

HP Unveils Autonomy Accounts, Where $140 Million Has Allegedly Disappeared --- HP Audit Finds Proof Autonomy Fudged Accounting
(DBN)

January 2014 Ponzi Scheme Roundup
(DBN)

A Defense Lawyer’s Conundrum: Should the Client Testify?
(DBN)

Arguments to Keep the Fraud on Market Theory, and Thinking About a World Without It
(DBN)

Goldman Sachs Can't Escape CDO Fraud Case
(DBN)

US Wants Conviction for SAC's Martoma
(DBN)

____________

Autos:

St. Peters auto dealer files for bankruptcy
(DBN)

Dave Sinclair dealership files for bankruptcy
(DBN)

____________

Aviation:

Lufthansa calls on EU to block possible Etihad- Alitalia tie-up --- Etihad in final due diligence stage
(DBN)

Alitalia to finalize deal on bank financing to keep flying: CEO
(DBN)

____________

Lehman:

Wash. AG announces $31 million from Lehman Brothers
(DBN)

___________

Health Care:

Procrastination on finances leads to hospital bankruptcies
(DBN)

U.S. Bankruptcy Court Approves Permanent Rejection of Expired Collective Bargaining Agreements for five Connecticut HealthBridge Managed Health Care Centers
(DBN)

Carthage Area Hospital Files Formal Advance Layoff Notice
(DBN)

____________

New Bankruptcy Opinions
(2 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (40 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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:

Record-Shattering Chapter 11 Bankruptcy Slowdown; What's Next?
(DBN)

Hawaii bankruptcy filings hit 6-year low in January
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

Anadarko reports wide Q4 loss of $770 mln on legal provisions --- Anadarko reports loss as it braces for environmental payment
(DBN)

____________

Finance:

Draft Wisely or Pay Dearly: The Fifth Circuit Weighs in on the Enforceability of Prepayment Premiums (Absent Prepayment)
(DBN)

____________

Mail:

Elizabeth Warren Has A Radical Plan To Remake The Post Office
(DBN)

Elizabeth Warren Proposes Replacing Payday Lenders With The Post Office
(DBN)

____________

Telemarketing:

Judge orders ex-Telatron owners to liquidate assets
(DBN)

____________

Student Debt:

Student loan borrowers get relief from small lenders
(DBN)

Increase the student loan interest deduction from $2,500 to the interest actually paid
(DBN)

____________

Tech:

Philosophy skin care founder buys her startup out of bankruptcy
(DBN)

____________

Telecoms:

Ergen to be in on LightSquared bankruptcy loan: court filing --- LightSquared cuts deal with Charlie Ergen on short-term loan
(DBN)

____________

Banking:

Regulators close Syringa Bank of Idaho
(DBN)

FDIC gives former Excel Bank execs a lifetime ban
(DBN)

____________

Food/Beverage:

SD governor aware of Northern Beef’s struggles before taking office
(DBN)

Hot Dog on a Stick Blames Pricey Leases for Bankruptcy
(DBN)

____________

Oil/Gas:

Long Term Oil Prices Below $80
(DBN)

____________

Celebs:

Eve's Still Living A Ruff Life, Huge Money Woes Exposed
(DBN)

____________

Gambling:

Santa Ysabel Casino Closes Its Doors
(DBN)

____________

UK:

Begbies tops corporate insolvency list
(DBN)

Unsecured creditors await payout from collapsed payday lender
(DBN)

Insolvency for fitness guru's firms
(DBN)

'Disreputable' diamond investment firm in liquidation
(DBN)

Hearts Fans Agree Purchase as Cash Runs Out, Scotsman Reports
(DBN)

____________

EU:

50% of EU Businesses: Corruption is a Problem
(DBN)

____________

PIIGS:

Germany preparing third financial rescue for Greece --- Germany reiterates there will be no debt haircut for Greece --- Debt cut may depend on reforms' progress
(DBN)

ie: Gardai and teachers top bankruptcy enquiry list
(DBN)

____________

Canada:

Canadian Law Firm Heenan Blaikie Plans Restructuring Amid Defections --- Heenan Blaikie plans big restructuring
(DBN)

Bixi lays off interim CEO, 11 employees
(DBN)

Bixi's former partners become key competitors
(DBN)

____________

Australia:

Phoenix rising: lessons for insolvency practitioners and directors
(DBN)

____________

Austria:

Austria should consider letting Hypo go bust -WIFO head
(DBN)

____________

 

 

 

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