June 20, 2014

The Daily Bankruptcy News

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Law:

Jones Day Rankled by Kevyn Orr Website
(DBN)

Lateral Partner Recruiting: The Beauty Of Boutiques
(DBN)

Firms Must Change In Order To Survive And Thrive
(DBN)

Market Struggles to Absorb Record Law School Class of '13
(DBN)

Cleary pay soars even higher with new pay rises
(DBN)

Median salary is $95K for new law grads working in law firms, NALP study shows --- NALP: Law Grads Continue to Struggle to Find Jobs
(DBN)

Reinventing The Law Business: Creating Customers
(DBN)

Work/Life Balance, Biglaw Women, And Katy Perry
(DBN)

Partner disbarred after ripping off another firm's pitch document
(DBN)

Lawyers: Shifting Sideways for Related Career Paths
(DBN)

The 15 Most Prestigious Law Firms In America --- 2015 Vault Law Firm Rankings: The Nation’s 100 Most Prestigious Firms
(DBN)

Anecdotal Evidence That LLMs Are A Giant Cash Grab
(DBN)

Scathing Letter Suggests Smart Lawyer A Dumb -----
(DBN)

Solos: Think/Act Like Entrepreneurs, Not Lawyers (Part 5)
(DBN)

Blogging lawyer gets 30-day suspension for criticizing judge for ‘malfeasance’
(DBN)

LawProse: "who"; "whom"
(DBN)

Northwestern Law School’s late discovery of a student’s UPL conviction leads to litigation
(DBN)

Firms That Took Over Hourly Fee Matters Needn't Share Profits With Bankrupt Firm
(DBN)

Surprise House Vote Backs Limits On NSA
(DBN)

5 Proven Strategies That Will Make You A Better Negotiator
(DBN)

Cops: Six kids fell from atop moving car driven by drunk mother
(DBN)

Police: Dog's throat cut; Officer charged with animal cruelty
(DBN)

Cops: Man Put Hot Sauce In 3-Year-Old Boy's Mouth, Taped It Shut
(DBN)

Judge tosses rape charges against lawyer accused in paralegal assault; other counts remain
(DBN)

Attorney and client fined $15K for frivolous appeal after lawyer didn’t recall arguments
(DBN)

You can be a lawyer and simultaneously live your childhood Indiana Jones dream
(DBN)

Former BigLaw tax attorney gets 12 months for failing to file his own return
(DBN)

17 Bizarre Lawsuits That Actually Happened
(DBN)

You're Sanctioned! Judge Tells Donald Trump
(DBN)

Cuckolded Husband Barred from Suing Man Who Stole Away His Wife
(DBN)

Lawyer claims Donald Sterling threatened to take him out; judge denies protective order
(DBN)

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Judges:

You can find it all on the Web — except the justices’ financial reports
(DBN)

Wife of judge admits she poisoned him with antifreeze, gets 2 years in plea deal
(DBN)

One Woman’s Empathy Is Another Man’s Bias: On Judges With Daughters
(DBN)

Cop accidentally fires rifle while in courthouse, in front of judge
(DBN)

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Wall Street:

Stock futures seesaw, but indexes see weekly gains
(DBN)

Most Stocks Close With Slim Gains, S&P 500 Hits A New Record High
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Sentencing delayed for 'Real Housewives' stars Teresa, Joe Giudice
(DBN)

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Education:

Corinthian Colleges raises "going concern" doubts --- Federal Crackdown Puts Corinthian Colleges’ Future in Doubt --- Corinthian's Cloudy Future
(DBN)

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Resorts:

Former billionaire Blixseth hit with $200M judgment
(DBN)

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Telecoms:

Falcone, Other Harbinger Reps. Quit LightSquared Board
(DBN)

BlackBerry sends short-sellers scrambling
(DBN)

BlackBerry CEO: not seeking offer to sell
(DBN)

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Mass Torts:

Heavy Rain Muddies Freedom Industries Spill Site Demolition
(DBN)

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Infant Goods:

Kid Brands files Chapter 11 in Newark, NJ; has $49 million DIP
(DBN)

Kid Brands Files Bankruptcy With Plan to Sell Business
(DBN)

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Retailing:

RadioShack Is on Its Way to $0
(DBN)

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RVs:

McMahon's RV seeks bankruptcy protection
(DBN)

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Economy:

Gauge of US economy gains 0.5 percent in May
(DBN)

Philly Fed Manufacturing Survey suggests Solid Expansion in June
(DBN)

It's Official: The Boomerang Kids Won't Leave
(DBN)

US bonds fall as investors reposition for Fed, auction
(DBN)

Jobless Claims Drop as US Consumers Gain Confidence
(DBN)

The Ultra-Simple Explanation Of What The Fed Is Doing
(DBN)

Young People Are Much More At Risk To Be Poor Now
(DBN)

2030: The Year Retirements End
(DBN)

The Obamas Want Their Daughters To Get A Taste Of Life On Minimum Wage
(DBN)

College Costs Are Exposing The Mirage Of The American Dream
(DBN)

Poll: Fewer Blame Poverty on the Poor
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage rates ease, Freddie Mac says: 30-year fixed averages 4.17%
(DBN)

BofA Must Face U.S. Suit Over Mortgage-Securities Fraud
(DBN)

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Municipalities:

Michigan Gov. Rick Snyder to sign Detroit bankruptcy 'grand bargain' legislation Friday
(DBN)

A Three-Hour Tour and Other Distractions
(DBN)

Police-Fire Pension Board supports “yes” vote on Plan of Adjustment
(DBN)

Vote on Detroit 'grand bargain' is key to bankruptcy end
(DBN)

Detroit manager lays out planned changes to city workers' pensions
(DBN)

Detroit Pension Fix Could Be Model For Other Cities Struggling To Fund Public Worker Retirement
(DBN)

Detroit creditor wants to know personal finances of retirees --- Detroit says creditor 'crosses the line'
(DBN)

Detroit Institute of Arts' 70 percent mark to $100 million goal 'sounds about right,' official says
(DBN)

Bankruptcy court: San Bernardino close to deal with police
(DBN)

San Bernardino Targets $190000 Firefighter Pay in Court
(DBN)

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Autos:

Barra on GM's bankruptcy protection
(DBN)

Details Emerge on GM's Victims Fund
(DBN)

GM Engineer Found Problem 8.5 Years Ago
(DBN)

Detroit Big 3: Five Years Later
(DBN)

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Politics:

Congress hits new low: Only 7% have confidence in the institution
(DBN)

Prosecutors accuse Gov. Scott Walker of running 'criminal scheme'
(DBN)

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Tax:

Supreme Court limits taxpayers' ability to fight IRS summons
(DBN)

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Healthcare:

Parkway Hospital back on the block
(DBN)

Feds oppose planned sale of Fairmont General
(DBN)

Hearing date scheduled on bids to buy former North Adams Regional Hospital
(DBN)

Group Files for Bankruptcy After Lawsuit
(DBN)

Oaklawn Hospital cuts 43 jobs
(DBN)

Most Obamacare exchange enrollees were previously uninsured, survey finds
(DBN)

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Fraud:

House panel subpoenaed in insider trading probe
(DBN)

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Private Equity:

Why Are Some Megadeals More Likely to Default?
(DBN)

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Gambling:

Revel says it will shut without buyer
(DBN)

Grim Revel-ation: Casino may close this summer
(DBN)

Atlantic City Casino Owner Files for Bankruptcy Protection
(DBN)

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Apparel:

American Apparel chairman: No chance of bankruptcy
(DBN)

American Apparel Founder Dov Charney Finally Gets Fired --- Inside the American Apparel Revolt --- Is Dov Charney The Most Disgraced CEO Of All Time? --- How American Apparel's Ousted CEO Dov Charney Could Get His Revenge
(DBN)

American Apparel bonds choppy after CEO terminated for cause
(DBN)

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Festivals:

Selling off what's left of defunct festival
(DBN)

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Chemicals:

Momentive value seen at $2-2.45B, 2nd-lien recovery at 12.8%-28.1%
(DBN)

Creditors to vote on Momentive's contentious restructuring plan
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

Win Rudy's Yankees Tickets!…
(DBN)

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Deepening Insolvency:

Deepening Insolvency Comes Up for Air
(DBN)

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Avoidance Actions:

Adelphia Decision Explores the Impact of Prepetition Fraud on Valuation Methodologies in Avoidance Actions
(DBN)

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Automatic Stay:

Fourth Circuit Reestablishes Subcontractors’ Right to Perfect Liens After Bankruptcy Filing
(DBN)

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Jurisdiction:

Stern Revisited: Big Questions Remain Unresolved
(DBN)

Supreme Court Upholds Bankruptcy Court's Limited Procedural Power
(DBN)

Supreme Court Approves Procedure to Consider Certain "Stern" Claims, While Failing to Address Other Issues Raised by Stern Decision
(DBN)

Supreme Court Reaffirms Role of Bankruptcy Courts in Arkison Decision
(DBN)

'Stern Claims' Remain Hazy Despite High Court Ruling
(DBN)

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Cross-Border:

Global Distress Signal - Developments in International and Cross-Border Insolvency
(DBN)

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Unexpired Leases:

Are You Not Entertained? The SDNY Weighs In On the Battle Between Sections 363(f) and 365(h) of the Bankruptcy Code
(DBN)

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Corporate Reform:

Court Ruling Protects Whistleblowers
(DBN)

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Tax:

How Credit Suisse Got Off Easy
(DBN)

IRS Will Now Accept an ‘I Was Clueless’ Defense for Offshore Tax Evaders
(DBN)

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Video Games:

Rhode Island police to interview lawmakers involved in 38 Studios job creation plan
(DBN)

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Sovereigns:

Argentina Backtracks as $16 Billion Claims Sink Talks
(DBN)

Argentina looking to negotiate with holdout creditors
(DBN)

Imminent Risk Of Default As Battle Between Argentina And Paul Singer's Elliott Continues
(DBN)

Argentina's Supreme Court loss may serve as a wake-up call
(DBN)

Gov't says no US mission scheduled to negotiate with vulture funds --- Argentina says it has no team for talks in debt battle
(DBN)

And Now Argentina Is In A Race Against Time
(DBN)

Ruling on Argentina Gives Investors an Upper Hand
(DBN)

Argentina shares fall on debt repayment doubts
(DBN)

U.S. Supreme Court Denies Foreign Sovereigns Special Protection From Post-Judgment Discovery
(DBN)

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UK:

Pre-packs must rescue reputation, says Graham
(DBN)

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EU:

EU ministers squabble over strict deficit limits
(DBN)

IMF: EU Recovery Not Strong Enough
(DBN)

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PIIGS:

Hearing on application brought by Quinn receivers is adjourned
(DBN)

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Ukraine:

NATO: Russia Is Placing Thousand Of Troops Along The Ukrainian Border
(DBN)

Ukraine, creditors in talks on possible debt restructuring : IIF
(DBN)

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MENA:

'The Middle East Has No Future' Why should we fight the inevitable break-up of Iraq? --- How the US Lost Billions in Iraq
(DBN)

Iraq bondholders eye default risk as conflict escalates
(DBN)

World Stock Markets Aren't Too Worried About Iraq
(DBN)

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