January 23, 2014

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Dechert’s Price For Associate Talent
(DBN)

Husch Blackwell lays off 25 staff members
(DBN)

Top Michigan Bankruptcy Law Firm Files for Protection Too
(DBN)

3 Ways To Get Started On Your ‘Career’ As A Contract Attorney
(DBN)

This Attorney’s Unbelievably Brazen Effort To Avoid Paying Sanctions Earns Contempt Holding
(DBN)

Business of Law
(DBN)

When will lawyers learn to take their vitamins—and other ruminations on change in the industry
(DBN)

Blank Rome adds 21 lawyers from two firms, opens San Francisco office
(DBN)

Microsoft's Top Lawyer Was Once Asked To Help Stop A Serial Killer
(DBN)

State bars battle lawyer depression; legal profession ranks fourth in suicide rate
(DBN)

Lawyers and Getting Work: Think like politicos, not big-picture analysts
(DBN)

Groupon for Law Schools
(DBN)

More signs of the time: Villanova
(DBN)

T14 Law Professor Writes And Performs New Song
(DBN)

Law School Offers Free Tuition To 50 Applicants
(DBN)

Why You Don’t Want A Biglaw Firm To Handle Your Little Landlord-Tenant Case
(DBN)

The Best New Travel Gadgets Of 2014
(DBN)

Gov't Panel Urges End to Phone Data Spying
(DBN)

Supreme Court Takes Up Major Case On The Limits Of Restitution
(DBN)

Man who responded to Craigslist ad for a sperm donor is a dad, must pay child support, judge rules
(DBN)

Woman beaten to death after accidentally walking in front of camera while group posed for photo
(DBN)

The Worst Teacher in the World?
(DBN)

Lawyer who reviewed messages while driving gets parole after serving a year in hit-and-run case
(DBN)

Where are these disbarred lawyers now?
(DBN)

Ex-Dallas Cowboys Player Found Guilty In Drunk-Driving Crash That Killed His Teammate
(DBN)

Iowa Supreme Court to hear political defamation suit
(DBN)

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Judges:

Delaware Takes Fight Over Arbitration To U.S. Supreme Court
(DBN)

Was This ‘Judicial Giant’ Toppled By An Ethics Investigation?
(DBN)

Feds seek 10 years for man who admits he sold drugs to judge, 18 months for jurist
(DBN)

Judge Rejects Motion with Literary Flourish
(DBN)

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Wall Street:

US Stock Futures Flat Ahead of Claims
(DBN)

US stocks end in mixed mode for second straight day
(DBN)

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Layoffs:

The 20 Best Jobs Of The Future
(DBN)

Where Did All of the Jobs Go?
(DBN)

Strange Brew: Long-Term Unemployment and the Beveridge Curve
(DBN)

70% of jobs could become automated over next 30 years --- Army considers replacing thousands of troops with robots
(DBN)

Wall Street Advisor: Actual Unemployment is 37.2%
(DBN)

3 Sneaky Mind Tricks That Will Help You Ace The Interview
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Health Care:

Fees lower for rival Saint Francis bidders
(DBN)

Target to drop health insurance coverage for part-time workers
(DBN)

Explaining ‘Risk Corridors,’ The Next Obamacare Issue
(DBN)

NY plan calls for medical bill dispute protection
(DBN)

Here's how city life is actually affecting your health
(DBN)

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Retailing:

'Tsunami' of store closings seen hitting retail
(DBN)

Target lays off 475 corporate employees, trims 700 open positions
(DBN)

Target to part-timers: Get Obamacare
(DBN)

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Mass Torts:

Truth behind Freedom Industries bankruptcy
(DBN)

Silence over a spill
(DBN)

Freedom Industries is not the victim here
(DBN)

State orders West Va. plant to come clean on chemical spill
(DBN)

Confusion Abounds in Charleston Water Crisis
(DBN)

WV Chemical Spill: Can you over do entity formation? (Hint: Yes.)
(DBN)

What Freedom Industries’ Bankruptcy Really Means For Those Harmed By The Chemical Spill
(DBN)

Halliburton Manager Gets One Year Probation For Destroying Evidence Of 2010 BP Deepwater Horizon Disaster
(DBN)

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Personal Finance:

I Moved To The Middle East To Pay Off Debt
(DBN)

Love and Work on a Strict Timetable
(DBN)

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Food/Beverage:

El Paso former Fuddruckers' properties in bankruptcy sale for $4.86 million
(DBN)

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Storage:

Customers sought after vault business files bankruptcy
(DBN)

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Personal Finance:

Here's The Secret To Overcoming A Mountain Of Debt
(DBN)

10 Money Tips You Can Act On In 5 Minutes
(DBN)

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Debt Collection:

Georgia Brings Back Debtors' Prisons
(DBN)

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Economy:

S&P Says That Tim Geithner Called To Threaten Them After They Downgraded The US In 2011
(DBN)

Corporate Cash May Not Flow Back in Recovery
(DBN)

Apple's corporate cash: 10 percent of the American total.
(DBN)

CEOs See Brighter Economic Times
(DBN)

Robert Reich: David Brooks is full of it
(DBN)

The New Debt Ceiling 'Drop Dead' Date Is Going To Be Earlier Than We Thought --- US to Hit Debt Limit in Late February
(DBN)

Inflation Rates For Every Major Economy In The World
(DBN)

Record 20% of Households on Food Stamps
(DBN)

Retirees Still Helping Adult Kids
(DBN)

Hidden Costs of Minimum Wage Hike
(DBN)

Two Wall Street CEOs Talk Inequality — One Sounds Like He Gets It, One Doesn't
(DBN)

US Economic Mobility Unchanged in 50 Years --- The Odds of a Child Moving Up Economic Ladder Haven't Changed in Recent Decades
(DBN)

Inequality and innovation: If nobody can afford new products, who will make them?
(DBN)

Obamacare Tax Hit for Biz in Many States
(DBN)

The No. 1 Moving Destination In America Hasn't Changed In At Least 4 Years
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

California Foreclosure Starts Dip to Eight-Year Low
(DBN)

U.S. Housing Stock Is Getting Older
(DBN)

BlackRock Lawyer Criticizes Government Mortgage-Loan Settlements
(DBN)

U.S. Architecture Firms' Billing Index Falls in Dec.
(DBN)

Condo construction plans delay Fisher Island’s $140M foreclosure auction
(DBN)

Murdered Satmar Slumlord's Wife, Business Partner Subpoenaed
(DBN)

Trustee: Missing money in Menachem Stark's company accounts
(DBN)

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Municipalities:

Failure to reform pensions defeats the purpose of Chapter 9
(DBN)

Judge Rhodes to Detroit, creditors: 'Not the time for defiant swagger'
(DBN)

Michigan governor to push plan to protect Detroit art, pensions
(DBN)

Snyder expected to announce 'significant' support for Detroit pensions, DIA --- Michigan Gov. Snyder to propose state bailout of Detroit --- State's $350 Million Offer To Help End Detroit Bankruptcy Is Not A Bailout, Says Governor --- Michigan governor offers pension aid to Detroit, with conditions
(DBN)

Rhodes to Creditors: Get Off the Art! --- Rhodes rejects creditors' request for independent valuation
(DBN)

Detroit EM: $680 million in state, private aid would go far in resolving bankruptcy
(DBN)

Detroit manager says bankruptcy likely to end in February
(DBN)

Mich. to seek visas to lure immigrants to Detroit
(DBN)

Judge denies creditors' request to evaluate DIA art
(DBN)

Detroit's Financial Advisory Board gives an inkling of city's future control, challenges
(DBN)

Bankrupt Detroit Doles Out Corporate Subsidies
(DBN)

Bipartisan State Deal Aims to Protect Retirees And The DIA
(DBN)

Cities Face a Good, but Not Great, Economic Outlook for 2014
(DBN)

The Critical First and Last Steps in a Municipal Workout: Vallejo, Harrisburg and Detroit
(DBN)

White House not considering Puerto Rico bailout, official says
(DBN)

Morgan Stanley Said to Discuss Puerto Rico Bond Deal With Funds
(DBN)

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Fraud:

Tourre and SEC more than $1 million apart on penalty for fraud
(DBN)

Madoff Suffered Heart Attack Last Month; Also Has Stage-4 Kidney Disease --- Report: Madoff back in prison after heart attack
(DBN)

Madoff Haunts Yeshiva as University Slides to Junk --- To sell more buildings
(DBN)

Madoff Added 'Key' Aide's Son to Payroll, N.Y. Jury Is Told --- Madoff Ex-Aide Knew of Scheme to Pay His Son, Jury Told
(DBN)

Here's why Madoff employees went along with his scam
(DBN)

Madoff Investor Can Sue Feeder Fund Accountant
(DBN)

JPMorgan's Creditors Look Past Madoff Fees in Bond Sale
(DBN)

Madoff Victims Win Right to Direct Appeal Over Claims Interest
(DBN)

The Navy's Bernie Madoff
(DBN)

Backstreet Boys' Lou Pearlman's Prison Interview: My Ponzi Scheme Was Smarter Than Madoff’s
(DBN)

U.S. Brings Fraud Charges Against Firm That Vetted Edward Snowden
(DBN)

____________

Celebs:

Vince Young files for bankruptcy --- From $25.7 million guaranteed to Chapter 11 --- Young's riches-to-rags story growing old --- What Did He Spend It On? And Other Details --- Vince Young joins many ex-NFL players who see bankruptcy --- Vince Young and 15 Athletes Who Have Filed Bankruptcy
(DBN)

Bankruptcy Court Rules That Teresa Giudice Can Keep Her Mansion!
(DBN)

'Real Housewives' star Joe Giudice won't testify, wants separate trial to 'exonerate' Teresa
(DBN)

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Telecoms:

LightSquared's Prospects Dim
(DBN)

Judge Says Dish Properly Withdrew LightSquared Bid
(DBN)

LightSquared Lenders Fight to Preserve Dish-Based Exit Plan
(DBN)

Why the Pentagon Just Saved Blackberry
(DBN)

____________

Rail:

Two courts to consider bid for bankrupt MM&A railroad
(DBN)

America's Second Rail Boom
(DBN)

____________

Religion:

Rare Look Inside Chicago Priest Abuse
(DBN)

____________

New Bankruptcy Opinions
(No 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 (9 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)

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Bankruptcy Statistics:

Reasons for Bankruptcies? They're Not What You Think
(DBN)

New bankruptcy filings drop in South Florida
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Jurisdiction:

Pennsylvania Court Bucks Third Circuit Trend In Ruling That Bankruptcy Courts Lack Authority to Issue Final Order in Fraudulent Transfer Lawsuits
(DBN)

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Plan Confirmation:

Section 1111(b) of the Bankruptcy Code: An Effective Weapon for Undersecured Creditors Opposing Confirmation of Cramdown Chapter 11 Plans
(DBN)

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Avoidance Actions:

It’s (Postpetition) Payback Time in the Third Circuit: Payments to a Creditor After a Bankruptcy Filing Should Not Be Considered When Applying the New Value Defense to a Preference
(DBN)

____________

Safe Harbors:

A Safe Harbor Without Full Protection
(DBN)

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Exemptions:

Bills would amend NE exemptions
(DBN)

____________

Limitations:

Bankruptcy proceedings that do not involve formal adversary proceedings do not constitute "litigation" for purposes of statute of limitations tolling
(DBN)

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Sanctions:

Court Erred by Invoking Inherent Sanction Power; No Evidence of Creditor’s Bad Faith
(DBN)

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TBTF:

Is Warren Buffett Too Big to Fail?
(DBN)

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Insurance:

Dispelling the Myths of Side A Directors and Officers Insurance
(DBN)

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Finance:

What’s Next for LBOs Amid Crackdown?
(DBN)

____________

Aviation:

Airlift supplier to US military in bankruptcy
(DBN)

Alitalia says can avoid job cuts as part of restructuring
(DBN)

4,400 flights canceled
(DBN)

____________

Metals:

Bankrupt Ormet posts earnings gain in December on asset sales
(DBN)

____________

Student Debt:

10 Fun Facts About the Student Debt Crisis
(DBN)

____________

Alternative Energy:

DOE chief: Fisker's Chinese buyer must keep work in US
(DBN)

____________

UK:

UK lawmakers told no evidence RBS pushed firms into default
(DBN)

UK law firms close as insurance dries up
(DBN)

____________

EU:

Suddenly Things Look Better In Europe
(DBN)

France Is Still Struggling
(DBN)

____________

PIIGS:

Bankruptcy for Martifer Solar USA
(DBN)

Spain's Unemployment Rate Above 26%
(DBN)

____________

Canada:

Lac-Mégantic disaster: Where things stand today
(DBN)

____________

China:

China's Elite Wealth in Offshore Tax Havens, Show Leaked Files
(DBN)

US judge suspends Chinese partners of auditors in dispute that might affect market access
(DBN)

Lawyers stay out of spotlight in China tax controversy
(DBN)

China Cracks Down On Corruption Again By Sentencing A Municipal Official To Death For Bribery
(DBN)

China Credit Trust cites progress in avoiding shadow-bank default
(DBN)

____________

Iceland:

Hedge Funds Snubbed as Iceland Reviews Bankruptcy
(DBN)

____________

Mexico:

Homex Surges Most on Record as Bankruptcy Rule Spurs Optimism
(DBN)

____________

Russia:

Russian Court Orders Lebedev's Release
(DBN)

____________

Argentina:

Argentina's Credit Default Swaps Soar With Dollar Bond Losses
(DBN)

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