February 5, 2014

The Daily Bankruptcy News

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Law:

Is All the Lateral-Partner Hiring Worth It? --- Brisk Business in Big Law Firms Hiring Other Firms' Partners, Study Finds
(DBN)

The Biglaw 2013 Partnership Class, By Practice Area
(DBN)

Which Firm Had The Most Lateral Hires (And Partner Defections) In 2013?
(DBN)

Net debt drops 32 per cent at DLA Piper
(DBN)

DLA shake-up: Knowles to become chair, Angel to step down next year --- Changes at the Top of World’s Biggest Law Firm --- DLA's New Co-Leader Discusses Firm's Leadership Change
(DBN)

Only global firms and 'super niche' to prosper, says DLA head
(DBN)

Tenured Faculty Cuts Could Be ARE Coming To A New York Law School — But Which One? And When? --- Albany Law Offers Buyouts to Offset Lower Enrollment
(DBN)

Business of Law
(DBN)

The Am Law 100, the Early Numbers: Shook Hardy Revenue, Profits Dip
(DBN)

Most Highly Regarded Firms: Banking 2014 --- Research: Trends and Conclusions: Banking 2014
(DBN)

7 Little-Known Tricks To Get More Out Of Your iPad
(DBN)

Want to Work from Costa Rica? No Prob, Says Quinn Emanuel
(DBN)

Lure of volcanoes and killer whales leads frugal BigLaw associate to quit his job
(DBN)

Beyond Biglaw: Disney Lessons for Lawyers (Part 2)
(DBN)

Meet the Houston law firm that hopes to hire away your best lawyers
(DBN)

Inequality in BigLaw: Has it made you mentally ill?
(DBN)

Jamie Casino: Lessons in how to get attention
(DBN)

Criminal Exonerations at All-Time High --- In A Record Year For Exonerations, This Bar Owner Has One Of The Most Outrageous Stories Of All
(DBN)

NYPD Arrests Four In Connection With Philip Seymour Hoffman's Death
(DBN)

Cops: Man bit brother's ear off during party
(DBN)

Judge: Drivers Allowed to Warn Fellow Motorists of Speed Traps
(DBN)

Claim: Pediatrician waterboarded 12-year-old
(DBN)

Suit: Cop Uses Stun Gun On Bloodied, Dazed Accident Victim
(DBN)

Australian law firms in bullying epidemic
(DBN)

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Judges:

Reappointment of Bankruptcy Judge Robert L. Jones
(DBN)

Scalia: Korematsu was wrong, but ‘you are kidding yourself’ if you think it won’t happen again
(DBN)

Sotomayor: Labeling Illegal Immigrants Criminals Is Insulting --- Sotomayor recounts journey
(DBN)
(DBN)

Laura Ingraham's Attacks On Sonia Sotomayor Miss Her All-American Heritage
(DBN)

Justice Kagan celebrates Justice Ginsburg
(DBN)

Justice Alito Secretly Cries Himself To Sleep At Night Because He’s Unpopular
(DBN)

Epiq Keeps Practitioners Connected by Offering Free Wi-Fi at Delaware Bankruptcy Court
(DBN)

Suspended with pay after fraud indictment, judge gets 3 months without pay in ethics case
(DBN)

Judge apologizes for NekNominate video
(DBN)

Feds oppose former state supreme court judge’s effort to win early release from ‘Camp Cupcake’
(DBN)

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Wall Street:

US stock futures dip as Tokyo rebounds
(DBN)

Bargain hunters lift Wall Street after market rout
(DBN)

Why banking and work-life balance don't mix
(DBN)

S&P has worst start to February since 1933
(DBN)

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Layoffs:

CBO: Obamacare Will Lead To 2 Million Fewer Workers In The Labor Force By 2017
(DBN)

Workers over 50 face harsh job market
(DBN)

Reopening an Employment Door to the Young
(DBN)

Time Inc. Expected to Cut 500 Staffers --- Tim Geithner's Brother Was Laid Off From TIME Today
(DBN)

Will Obama's pledge get the unemployed back to work?
(DBN)

2013 ends with weakest job growth in years
(DBN)

Senate deal would extend jobless benefits
(DBN)

It's not just the economy: Why U.S. job seekers get discouraged
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mass Torts:

Defense attorney: Judges should look for asbestos claims fraud
(DBN)

Visual clustering allowed Garlock to quickly sort through asbestos claims information
(DBN)

Case Sheds Light On The Murky World Of Asbestos Litigation
(DBN)

The long road: Timeline of W.R. Grace's nearly 13 years under bankruptcy protection
(DBN)

Sealed Air Completes Terms of Settlement Agreement Involving W. R. Grace
(DBN)

Water company is latest target in leak-related lawsuits
(DBN)

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Awards:

Willkie Team Recognized for Restructuring Deal of the Year at M&A Advisor Turnaround Awards
(DBN)

Benchmark US Litigation Awards - Winners Announced
(DBN)

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Newspapers:

Gannett earnings fall on continued drop in print advertising
(DBN)

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Health Care:

Lake Shore able to continue until Feb. 19 court hearing in Buffalo --- TLC Health working out funding issues
(DBN)

No bailout for LICH, says health commish
(DBN)

Natchez hospital to file for bankruptcy --- NRMC board announces plan to file for bankruptcy --- Leaders need to answer Natchez Regional bankruptcy questions --- Natchez Regional officials explain reasons for filing bankruptcy
(DBN)

Patient care ombudsman appointed for SFH as per bankruptcy filing
(DBN)

Health care job losses for first time in decade
(DBN)

Health Care Reform and Household Financial Stability
(DBN)

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Chemicals:

American Nano Needs Cash to Pay Loans Due in 2014
(DBN)

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Economy:

US Factory activity slows in January to eight-month low, hints at slowing economy --- Factory orders down 1.5% in December
(DBN)

U.S. Economic Confidence Continued to Improve in January
(DBN)

Strong US earnings fail to impress jittery market
(DBN)

Janet Yellen's brilliance versus the glass ceiling
(DBN)

Fed's Lacker says tough to see pause in tapering ahead
(DBN)

Fed's Evans expects low rates well into 2015
(DBN)

Taper effect: Here comes a bigger correction
(DBN)

U.S. to pay highest cost for one-month debt since October
(DBN)

Why the wealthy will miss Ben Bernanke
(DBN)

Surprising sign of growth ahead for the US economy
(DBN)

Businesses already see the middle class eroding
(DBN)

Why Do the Super-Rich Keep Comparing Obama to Hitler?
(DBN)

CBO: Deficit Will Fall To Just 3.0% Of GDP This Year --- U.S. deficit to decline, then rise as labor market struggles: CBO --- CBO Future Shock: Economy Will Struggle for 7 Years --- CBO: Obamacare to Lead to 2M Fewer Workers --- Nope, Obamacare Won't Kill Two Million Full-Time Jobs --- Obamacare Will Raise Wages
(DBN)

Chief Executives in U.S. More Confident on Economy, Survey Shows
(DBN)

US teeters towards debt default, cash could run dry by end of Feb --- Spectre of US default (again) --- Politicians Set to Restart Debate on Debt-Ceiling Increase --- The Embarrassing Debt Ceiling Ritual --- Oh no! US is near debt ceiling again. So why isn't anyone panicking? --- Debt limits create chaos, but what's the alternative?
(DBN)

America Is Getting Older
(DBN)

Two Important Economic Datapoints Are Coming Up Today
(DBN)

4 important points you rarely see made on income inequality statistics
(DBN)

Pope: 'Unjust' unemployment can mean sin, suicide
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home prices in 2013 rose at fastest pace since housing boom
(DBN)

JPMorgan to pay $614mn to settle US mortgage fraud case
(DBN)

Homeowners will pay price for JPMorgan's debt writeoff
(DBN)

Mortgage applications stall despite sliding rates
(DBN)

Another collapsed deal for Blue Heron site as Langley pulls out
(DBN)

Top 9 cities for flipping houses
(DBN)

With Fortune Falling, a 1 Percent Divorce
(DBN)
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Municipalities:

Something Big Just Happened In Detroit's Bankruptcy Case
(DBN)

Detroit's Housing Rebound: 'If You Wait A Day, They're Gone'
(DBN)

Detroit's Bankruptcy Tab Is At $13.7 Million And Growing --- Millions sought by consultants, lawyers in Detroit's bankruptcy
(DBN)

Detroit hopes to void billions in debt
(DBN)

Detroit Council Grants New Pro Hockey Arena Plan Final Approval
(DBN)

Detroit turns bankruptcy into Wall St. vs. Main St. NYT
(DBN)

CLOSUP and personal with Michigan municipal leaders and Detroit’s bankruptcy
(DBN)

Following Detroit's bankruptcy, extraordinary times call for extraordinary measures
(DBN)

Highland Park, Michigan, on the Brink of Bankruptcy
(DBN)

Projection puts Stockton $10M in black
(DBN)

Voter turnout 'disheartening' in bankrupt San Bernardino
(DBN)

SB Mayor-elect turns to 'challenges of bankruptcy '
(DBN)

S&P cuts Puerto Rico's general obligation debt ratings to junk
(DBN)

Public Works Projects and Municipal Bankruptcies
(DBN)

____________

Retailing:

Target data breach pits banks against retailers --- In Senate hearing, Target official to apologize for data breach
(DBN)

J.C. Penney Same-Store Sales Rise for First Time Since 2011
(DBN)

Report: RadioShack Is Closing 500 Stores
(DBN)

Handbag with sensors, GPS locks to prevent out-of-control spending
(DBN)

____________

Financial Privacy:

Holiday Inn, Marriott hotels suffer suspected data breach
(DBN)

'ChewBacca' hackers targeted retailers in 11 countries: RSA
(DBN)

____________

Electronics:

Sony to quit making PCs in major restructuring plan
(DBN)

____________

Fraud:

JPMorgan's $543 Million Madoff Trustee Settlement Approved
(DBN)

SAC Capital insider trading trial heads to the jury
(DBN)

Martoma Called Victim of US Rush to Charge Cohen
(DBN)

Martoma trial moves to closing arguments --- Feds dub Gilman Martoma’s ‘canary in the coal mine’
(DBN)

Madoff Ex-Aides Seen Facing Hurdle With ‘Duped’ Defense
(DBN)

Milken to Madoff: Villains who changed the world
(DBN)

Rothstein's Top Assistant Testifies That Others Knew Of Ponzi Scheme --- Rothstein Set To Testify Against Former Colleague
(DBN)

____________

Trucking:

YRC loan refinancing hauling in up to $250M savings - CFO
(DBN)

____________

Agriculture:

Drought leaves dark cloud over California ranchers, growers
(DBN)

Congress Sends $1 Trillion Farm Bill to Obama
(DBN)

____________

Oil/Gas:

GMX Resources reorganizes as 2 companies
(DBN)

____________

Television:

Bankruptcy ruling keeps CSN Houston afloat amid carriage dispute --- Comcast Bid for Houston Sports Network Bankruptcy Approved --- Judge places Comcast SportsNet Houston in bankruptcy --- Bankruptcy ruling keeps Astros, Rockets off majority of TVs
(DBN)

____________

Aviation:

Airlines and the Incredible Shrinking Hubs
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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)

______________

Cross-Border:

The Cross-Border Resolution of Banking Groups: International Initiatives and National Challenges
(DBN)

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Avoidance Actions:

Anadarko sees ruling in Tronox liabilities case as soon as spring
(DBN)

Preference Actions: Latest Trend in Calculating the "New Value" Defense
(DBN)

Construction Trust Fund Payments as a Defense to Preference Claims: A Matter of Tracing
(DBN)

____________

Insurance:

"Loss Payee" v. Lender Loss Payee": How the Difference of One Word Can Prevent a Secured Lender's Recovery on Insurance Proceeds
(DBN)

____________

Litigation:

Advisen Releases 2013 Corporate and Securities Litigation Report
(DBN)

“Stop and Think” About Skype for Depositions
(DBN)

____________

Finance:

U.S. Banks Eased Lending Standards in Late 2013
(DBN)

____________

Contempt:

Yellowstone Club co-founder ordered to pay $13.8M
(DBN)

___________

Automatic Stay:

It's not often a Federal Bankruptcy Judge makes a reference to "I Love Lucy" during arguments
(DBN)

____________

Food/Beverage:

Furr’s Fresh Buffet Restaurant Chain Files for Chapter 11 Bankruptcy
(DBN)

New McMahon bankruptcy filing seeks to protect eateries
(DBN)

Allens' Auction Ends at $160M
(DBN)

____________

Telecoms:

LightSquared Can Take Loan From Group Including Ergen Fund
(DBN)

LightSquared gets court approval on $33 million bankruptcy loan
(DBN)

___________

Banking:

The Public Option in Banking
(DBN)

____________

Shipping:

Bankrupt Overseas Shipholding Floats $255M Tanker Sale
(DBN)

Wilbur Ross-backed Diamond S Shipping files for IPO of up to $100 mln
(DBN)

____________

Celebs:

Chris Bosh Baby Mama Files For Bankruptcy? Claims Low Child Support Payments Hurting Bottom Line
(DBN)

‘RHONYC’ Star Sonya Morgan Forced Into Bankruptcy Over $8.5M Lawsuit Loss, Might Have To Sell Her Townhouse
(DBN)

____________

Coal:

Arch Coal loss bigger-than-expected due to weak sales
(DBN)

____________

Personal Finance:

Why Teen Allowances Are Exploding
(DBN)

10 Characteristics Of Debt-Free People
(DBN)

___________

UK:

Begbies Traynor corporate insolvency appointments for 2013
(DBN)

____________

EU:

Retail Sales Plunge In Europe
(DBN)

____________

PIIGS:

Spain jobless total spikes as Christmas jobs end --- Smaller jobless rise in January takes edge off Spain's labor market gloom
(DBN)

Three Anglo Irish executives blamed for Irish banking crisis go on trial
(DBN)

Hedge Fund Chief Makes a Lonely Bet Against Portugal's Debt --- Legal concerns foil Portugal's art sale ambitions
(DBN)

Fresh Aid: Greece Plans to Impress Creditors With Good News --- Strings Attached: Berlin Weighs New Aid Package for Greece --- Greece's 2014 fiscal gap issue largely resolved with lenders-sources --- Anti-Greek Resentment Still Playing Well In Germany
(DBN)

Italy accuses S&P of not getting ‘la dolce vita’ Financial Times
(DBN)

____________

Canada:

Provincial Law Cannot Frustrate Purposes of the Canadian Bankruptcy Regime
(DBN)

____________

China:

China's Wealthiest Citizens Are Fleeing To US Amid Corruption Crackdown
(DBN)

____________

Austria:

Insolvency for Hypo Alpe-Adria Was Considered, But Not Recommended
(DBN)

____________

MENA:

This bird has landed, and perhaps for good: Bahrain Air on verge of bankruptcy
(DBN)

____________

Australia:

Australia's Economic Problems In One Sentence
(DBN)

____________

 

 

 

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