January 17, 2014

The Daily Bankruptcy News

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Law:

Dewey Know A Biglaw Partner Driven Into Personal Bankruptcy By The Firm’s Collapse?
(DBN)

Litigation Funding in the Courts
(DBN)

Bilzin Sumberg Names New Bankruptcy Partner --- Jeffrey Snyder
(DBN)

Some Law Schools Cutting Tuition Amid Dismal Legal Jobs Market
(DBN)

Which six law firms made Fortune’s list of 100 best companies to work for?
(DBN)

New Partner Watch: Incoming Partner Classes at 10 Top Firms
(DBN)

DLA Piper leads global M&A legal advisor league tables for fourth consecutive year
(DBN)

Business of Law
(DBN)

Chris Christie Has Hired Dynamite Legal Counsel To Navigate Bridgegate --- Gibson Dunn to represent NJ Gov. Chris Christie’s office amidst ongoing probe of traffic jam scandal
(DBN)

Clifford Chance embarrassed by Court of Appeal Judge
(DBN)

Bonkers Law Firm Website: Christmas Card madness
(DBN)

Lawyer-turned-galactic overlord leaves BigLaw and achieves online success
(DBN)

Memphis teacher allegedly locked 5-year-old in closet as punishment, then went home sick
(DBN)

Pantsless Male Motorist In "Female Underwear" Arrested On Way To Lowe's Store
(DBN)

NSA Collects 200 Million Text Messages Per Day 'untargeted' --- Obama's Path From Critic to Overseer of Spying --- NSA Reforms Included in $1.1 Trillion Spending Bill
(DBN)

Man, 77, Busted For Walmart Checkout Rage
(DBN)

Glamorous Solicitor of the Year 2013: The Winner
(DBN)

Woman Wearing Angel Wings Is Busted
(DBN)

State spends 15 minutes trying to execute condemned man
(DBN)

Man Arrested For Clicking 'Like' on Facebook Status
(DBN)

Oops. Ringing cellphone during court hearing leads to new trouble for defendant
(DBN)

Courtney Love testifies at first US ‘Twibel’ trial, sued by her ex-lawyer over critical tweet
(DBN)

Wannabe Burglar In Chicago Defeated By Push Door He Kept Pulling
(DBN)

Woman orders 7-year-old daughter to help attack store clerk
(DBN)

Court Throws Out First Case of Driving While Google Glassing
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

Supreme Court Justices Have Poor Spatial Awareness, Just Like Us
(DBN)

Judge’s S-- Ad Found On Internet Hookup Site
(DBN)

Lawyer gets 3 years in $1.35M investment fraud; some of the money helped him run for judicial office
(DBN)

Beware of email attachments purporting to carry case information, courts warn
(DBN)

Senate Judiciary Committee Approves 29 Judicial Nominees
(DBN)

Why federal judges got bigger paychecks this year
(DBN)

Federal Judge Benchslaps Himself
(DBN)

Supreme Court Clerk Hiring Watch: October Term 2014 Is Filling Up Fast
(DBN)

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Wall Street:

Wall Street stock futures tilt higher
(DBN)

Stocks Drop on Weak Earnings
(DBN)

Goldman's commodity trade 'too important' to quit: CFO
(DBN)

Why People Love Working at Goldman Sachs—It's Not Just the Money
(DBN)

Goldman Sachs Says 4Q Profit Falls 21 Percent --- Goldman Earned More Than You Expected, Less Than You Wanted
(DBN)

Goldman Sachs Keeps a Lid on Pay
(DBN)

______________

Layoffs:

Initial Jobless Claims Edge Down to 328,000 for Week Ended January 11
(DBN)

3 Surprising Reasons To Stay In A Job You Hate
(DBN)

Goldman's Jan Hatzius: People Are Looking At The Wrong Unemployment Rate
(DBN)

The All-Time Worst Interview Mistakes Job Candidates Have Made
(DBN)

United to Lay Off 688 Flight Attendants --- United Attendant Furloughs Show Dual-Contracts Struggle
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Steel:

Powell Steel wants out of bankruptcy process
(DBN)

____________

Banking:

Bank Gushes About 4Q Profits — These SEC Filings Sound A Lot More Ominous
(DBN)

Premier Bancshares files for bankruptcy
(DBN)

____________

Economy:

Bernanke One of the Great Fed Chairman: Kohn
(DBN)

Economists Give Bernanke a B for Final Grade, Expect QE3 to End This Year
(DBN)

Survey: Economists Believe Fed Will Wind Down Monthly Bond-Buying Program in 2014
(DBN)

Where Are the U.S.’s Millionaires?
(DBN)

Middle Class and Now on Food Stamps at 60
(DBN)

Economists Weigh in on Minimum Wage, Extending Unemployment, the Fed and More
(DBN)

Chronic income gap between richest and poorest poses biggest global threat: World Economic Forum
(DBN)

So What If China Has $1.32 Trillion In U.S. Treasuries? It Still Can't Crash America's Economy
(DBN)

More Americans Worse Off Financially Than a Year Ago
(DBN)

Homelessness surges among vets
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Homebuilder Sentiment Slumps in January
(DBN)

Underwater Liens: Can A Federal Tax Lien Be Stripped Off In A Chapter 13?
(DBN)

Average US rate on 30-year loan at 4.41 pct.
(DBN)

FL: 5700 acres in North Port to be auctioned in bankruptcy sale
(DBN)

Two lawyers are charged in alleged adverse-possession scheme
(DBN)

___________

Municipalities:

US judge rejects deal to end Detroit swap agreements --- Q+A on Detroit's swaps deal --- Bankruptcy judge denies Detroit's swaps deal --- Detroit Loses Bid to Pay Banks $165 Million --- Judge Rejects Deal
(DBN)

City of Detroit Issues Statement on Pension 'Swaps' Settlement and Post-Petition Financing Decision
(DBN)

Rhodes steers Detroit bankruptcy down his own legal path
(DBN)

Michigan Governor Said to Pitch $330 Million Detroit Plan
(DBN)

DIA may be asked to ante up $100M to break free from city
(DBN)

Pitch for Detroit Bailout Could Include Other Municipal Pensions
(DBN)

State of the State: Gov. Rick Snyder expected to address Detroit, but not $350M funding pitch
(DBN)

Senate leader 'cautiously optimistic' state could aid DIA, Detroit pensions
(DBN)

Robert Ficano backs Kevyn Orr's proposed water deal for Detroit
(DBN)

Say what? Carrington to write 'tell-all' book on JeffCo bankruptcy
(DBN)

Carrington: Lots of lessons can be learned from JeffCo mistakes
(DBN)

Cash-strapped Normandy School District staves off bankruptcy
(DBN)

Puerto Rico to Get Spotlight From Jones Day at Meeting
(DBN)

Battle over police pensions in U.S. cities takes ugly turn
(DBN)

____________

Telecoms:

Ergen Secret Debt Purchases Had Falcone 'Turning Over Rocks'
(DBN)

Falcone says he didn't know Ergen was buying LightSquared debt
(DBN)

LightSquared Falcone’s ‘bearish’ question: Who’s been sweeping in my debt?
(DBN)

Falcone Seeks to Disallow Ergen Claim in LightSquared
(DBN)

Falcone grilled by Ergen lawyers
(DBN)

____________

Mass Torts:

Listeria cantaloupe farmers seek probation
(DBN)

BP Oil Spill Challenges May Backfire
(DBN)

W.R. Grace Said to Cut Rate on $900 Million Bankruptcy Exit Loan
(DBN)

____________

Retailing:

Best Buy Holiday Sales Fall, Shares Skid --- Best Buy's Discounting Failed to Help Holiday Results --- Things Could Get Even Worse For Best Buy
(DBN)

JC Penney shares fall on job cuts, closure plans
(DBN)

Target Breach Appears to Be Part of Broad Campaign --- Some Clues From The Target Investigation
(DBN)

____________

Trucking:

YRC Climbs After Saying Talks Resumed on Union Concessions
(DBN)

____________

Gambling:

Dismantling of closed Atlantic Club casino starts
(DBN)

____________

Personal Finance:

A Salary Guide For Your 20s, 30s, And 40s
(DBN)

8 Mistakes You Should Avoid When Negotiating Salary
(DBN)

The 5 Credit Cards With The Best Benefits — No Matter How Much You Spend
(DBN)

____________

Autos:

Biden says auto resurgence good for Detroit, US
(DBN)

US Trustee wants to question classic car restorer over bankruptcy filing
(DBN)

____________

Golf:

New mortgage holder says he will give Huntsville Country Club 'every opportunity' to emerge from bankruptcy
(DBN)

Huntsville Country Club slashes membership rates, allows public play in effort to stay in business
(DBN)

____________

New Bankruptcy Opinions
(4 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 (243 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)

______________

Jurisdiction:

In re Louisiana Riverboat Gaming P’ship
(DBN)

____________

Plan Confirmation:

Got Milk? Apparently Not Enough for This Dairy Producer. Court Denies Confirmation Because Plan Not Feasible
(DBN)

____________

DIP Finance:

WR Grace Trims Pricing On Leveraged Loan Backing Bankruptcy Exit
(DBN)

____________

Insurance:

Reliance Insurance Co. Liquidation Claims: Recent Offers to Convert Claims to Cash
(DBN)

____________

TBTF:

U.S. Treasury to reduce stake in auto lender Ally
(DBN)

____________

Aviation:

Auction Raises Several Million for Bankrupt Avantair
(DBN)

____________

Corporate Reform:

How Washington Beat Wall Street
(DBN)

Firms Get Penalized, but Many Workers Don't
(DBN)

____________

Uranium:

Federal spending bill has $118M for near-bankrupt uranium processor --- Troubled nuclear company announces bankruptcy plans, rakes in millions in spending bill
(DBN)

____________

Tech:

Former Assets Of Bankrupt Teletouch Communications Up For Bid
(DBN)

Plextronics Files for Bankruptcy , Has $32.6 Million Buyout Offer
(DBN)

Bankruptcy Judge Blocks Bitcoin Miner Alydian From Auction
(DBN)

____________

Health Care:

Clients of defunct dental chain receive payments
(DBN)

The Black Box of US Health Care Prices
(DBN)

Doctors Choose A Different Way To Die Than The Rest Of Us
(DBN)

____________

Rail:

Second party submits bid for bankrupt Maine railroad
(DBN)

____________

Sporting Goods:

Outdoor gear e-tailer Altrec seeks bankruptcy reorganization
(DBN)

____________

Metals:

Conalco aluminum company files for bankruptcy
(DBN)

____________

Sovereigns:

Supreme Court Will Hear Argentina’s Appeal of Discovery Orders
(DBN)

____________

UK:

Linda Farish, Head of Recovery & Insolvency at RMT
(DBN)

EastCoal Agrees To Sell Assets Following Bankruptcy Filing
(DBN)

Retail sales see strong growth in December
(DBN)

RBS to Face Review of Business Lending by External Consultants
(DBN)

____________

Canada:

Legal trends '14: a forecast of the year ahead - environmental
(DBN)

We owe much more than the rest of Canada
(DBN)

____________

Germany:

Germany's insolvent TV maker Loewe salvaged by investor group
(DBN)

____________

Chile:

Creditor bank files bankruptcy petition for Acuinova
(DBN)

Chilean banks set to benefit from new bankruptcy legislation
(DBN)

____________

Australia:

PPB Advisory suspends Brisbane toll road sale
(DBN)

____________

MENA:

Dubai Group signs $10 bln debt restructuring deal ...
(DBN)

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