June 4, 2014

The Daily Bankruptcy News

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Law:

McDermott lays off 25 legal secretaries
(DBN)

Layoff Watch: The Reductions Roll On
(DBN)

What Does The AmLaw Second Hundred Tell Us?
(DBN)

Memo To Outside Counsel
(DBN)

Beyond Biglaw: 20 And Counting….
(DBN)

The Diversity Crisis: Pioneering Partners Say Hurdles Remain
(DBN)

Partners leave because of Big Law internal tensions
(DBN)

Rat Time in Law Schools and the Legal Profession
(DBN)

Stressed at Work Home Might Be Worse
(DBN)

Charleston School of Law founder: InfiLaw deal created financial problems --- Potential Sale of Law School Raises Debate Over Who Should Profit
(DBN)

What Does It Take for a School Ranked 35 in U.S. News to Move Into the Top 20? 'Hundreds of Millions of Dollars and Prayer'
(DBN)

Are Law School Grads the Future's Paralegals?
(DBN)

What Should You Wear To The Law Firm Pool Party?
(DBN)

Why You Should Be Excited For Extensions In iOS 8
(DBN)

Top iOS Document Viewing Apps
(DBN)

Apple Is Working Hard To Lure Business Users --- The New iPhone Software, iOS 8, Has A Bunch Of New Features For Business Users
(DBN)

The Apps Apple Just Killed With iOS 8
(DBN)

Most Firms Are Refurbishing Websites
(DBN)

Are Legal Professionals Impeding Innovation?
(DBN)

‘Open Carry’ Gun Fight Moves to Target Stores
(DBN)

Biglaw Partner Really Enjoys Underground Sex Club
(DBN)

19-Year-Old On Trial For Killing 4 People In His Car Has A Highly Unorthodox Legal Defense
(DBN)

Lawyer, 26, is rescued after boat sinks but dies of hypothermia
(DBN)

Ex-attorney’s divorce is slowed because he’s serving time under federal witness protection program
(DBN)

An Evening With Alan Dershowitz
(DBN)

Casey Kasem's Wife Loses Custody of DJ
(DBN)

Jury dress code violated defendants’ rights, lawyers say in new-trial motion
(DBN)

Domestic violence victim put on stand in pajamas, then jailed overnight for refusing to testify
(DBN)

Man Fakes Seizures to Get Free Food At Restaurant; Gets 5 Years in Prison
(DBN)

800 Bodies Found in Unwed Mothers Home
(DBN)

2 girls, 12, face first-degree murder-attempt case; police say they hoped to please horror character
(DBN)

Say What?!
(DBN)

______________

Judges:

Judge Hurwitz Urges Colleagues to Get Over Their Fear of Fallibility
(DBN)

Judge Beats Up Public Defender --- Judge in Courthouse Brawl is a Retired Army Reserve Colonel --- Judge on leave, seeking counseling after reported fight with public defender outside courtroom --- I hate this but I will post it anyway --- Update on Sunshine fist fight
(DBN)

Posner Calls Town's Arrest Fee 'Ridiculous'
(DBN)

Posner tosses ‘scandalous’ settlement, says judge didn’t heed danger signs
(DBN)

5th Circuit Withdraws 2007 Panel Decision After It Discovers That The Spouse Of One Of The Judges Owned Stock In Defendant
(DBN)

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Wall Street:

US Stock Futures Fall as Treasuries Advance Before Data
(DBN)

Markets Are Very Quiet
(DBN)

Wall St. trims earlier losses; S&P flat near record
(DBN)

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Layoffs:

How To Respond To This Extremely Personal Interview Question
(DBN)

The Surprising Interview Mistake Most Job Seekers Make
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

GM Ignition-Switch Compensation Plan Weeks Away
(DBN)

UAW hikes dues for first time since 1967 to bolster strike fund
(DBN)

Creditors Agree on Chapter 11 Plan with Former Fisker Automotive
(DBN)

Cat and Mouse Games at Auto Suppliers
(DBN)

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Electricity:

Energy Future defends $9.9 bln bankruptcy loans
(DBN)

How Solar Will Destroy The Power Companies, In 5 Easy Steps
(DBN)

Carbon crackdown small threat to utility stocks
(DBN)

States Hit Hardest by EPA New Coal Rules
(DBN)

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Food/Beverage:

Sbarro says it exited bankruptcy protection
(DBN)

__________

Economy:

Fed's George Advocates Sooner, Faster Rate Hike --- Fed's George: Raise Rates 'Sooner and at a Faster Pace' Than 2015 Consensus
(DBN)

The Fed Is About To Spur Growth - By Raising Rates
(DBN)

Fed Officials Growing Wary of Market Complacency
(DBN)

Fed May Shun New Global Bank Risk Rules
(DBN)

50 Shades of Fed
(DBN)

The American Dream is Out of Reach
(DBN)

US Consumer is Coming Alive --- Poll: Consumers’ Average Daily Spending Reaches Six-Year High
(DBN)

The paradox of this recovery
(DBN)

Lloyd Blankfein: 'Manly Men' And 'World Class Athletes' Curled Up In The Fetal Position During The Crisis
(DBN)

US auto sales hit 9-year high
(DBN)

Americans Are Getting Less And Less Of Their Money From Their Jobs
(DBN)

IRS: 4.7M Earned at Least $200,000 in 2011
(DBN)

America's Highways, Running on Empty --- Why We Still Can’t Afford to Fix America’s Broken Infrastructure
(DBN)

Why You Hate Work
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

CoreLogic: House Prices up 10.5% Year-over-year in April
(DBN)

MBA: Mortgage Applications Decrease in Latest Survey, Mortgage Rates "lowest levels in close to a year"
(DBN)

The housing crash did nothing to tamp our appetite for enormous houses
(DBN)

Why homeowners who got mortgage help may still end up losing their homes
(DBN)

Mass. AG sues Fannie, Freddie over foreclosure practices
(DBN)

____________

Municipalities:

Michigan Senate easily OKs $195M Detroit aid package --- Snyder hails 'historic day for Michigan's future' --- OK of Detroit bankruptcy deal shows Michigan lawmakers get it
(DBN)

Rating agency warns of possible downgrade for Detroit water bonds
(DBN)

Skillman Foundation pledges $3.5 million to help offset Detroit retiree health care cuts
(DBN)

Detroit City Council urged to approve terms of pension package
(DBN)

Casting A ‘No’ Vote, Coleman Young: Price Of Grand Bargain Was Too Much To Pay
(DBN)

Judge declines to quash subpoena for testimony from ex-Speaker Fox in 38 Studios case
(DBN)

N. Ky. city sues Kentucky Retirement Systems, alleging 'illegal and imprudent investments'
(DBN)

Turnaround Plan: Tennessee Town Wins Court Approval to Change Name to Popular Country Song Title
(DBN)

____________

Corporate Reform:

France takes US to task over BNP Paribas fine --- ECB Officials Anxious About Impact of U.S. Fines on EU Banks
(DBN)

____________

Fraud:

11th Circuit Clarifies "Property of Debtor" Issue, Opens Door To Prejudgment Interest In Clawback Suits
(DBN)

Jailed ex-owner of Capitals lists $134 million in debt in bankruptcy filing
(DBN)

Phil Mickelson’s inside information may have been perfectly legal
(DBN)

The Mansion That Belonged To The Inventor Of The Ponzi Scheme Is On Sale For $3.3 Million
(DBN)

TelexFree president appeals his detention
(DBN)

____________

Personal Finance:

One Father's Brilliant Advice On How To Raise Your Kids To Be Billionaires
(DBN)

____________

Celebs:

American Sniper’s Business Files for Bankruptcy Amid Ownership Dispute
(DBN)

Michael Jackson's Credit Was So Bad That His iPhone Had To Be Set Up Under Another Name --- New book reveals Michael Jackson's bizarre briefcase, secret women and bounced credit card
(DBN)

Teri Polo Bankruptcy -- My Seven Pets Are F-----!!
(DBN)

____________

Rating Agencies:

S&P suffers a defeat in U.S. states' lawsuits over ratings
(DBN)

____________

Retailing:

Brookstone auction won by Chinese buyers --- $173 Million Bid
(DBN)

____________

Television:

CSN's parent company asks for more time in bankruptcy court --- Extension request on reorganization plan may signal progress
(DBN)

___________

Festivals:

Houston: Over $1 million in red, IFest foundation to file for bankruptcy --- iFest on death's door
(DBN)

____________

Oil/Gas:

Questionable Staying Power of Shale Boom
(DBN)

____________

New Bankruptcy Opinions
(5 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 (11 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)

______________

Secured Debt:

Influential bankruptcy court awards oversecured creditor postpetition interest at the default rate, even where the debtor is insolvent
(DBN)

____________

Avoidance Actions:

Fraudulent Transfer: How Can A Warehouse Lender Qualify For The Good Faith Exception?
(DBN)

____________

Plan Confirmation:

You Thought Your Deal Was Set in Stone? Maybe Not, Says Bankruptcy Court More Than a Decade After Plan Confirmation.
(DBN)

____________

Insurance:

Judge liquidates insolvent Florida insurer covering more than 37000
(DBN)

____________

Healthcare:

Interfaith Medical Center Comes Out of Bankruptcy
(DBN)

Further evidence of how weird hospital pricing is
(DBN)

Hospital Charges Surge for Common Ailments, Data Shows
(DBN)

____________

Tax:

Ex-CEO of Hollywood Payroll-Services Firm Indicted on Tax Charges
(DBN)

77,000 Foreign Banks To Share Details w/ IRS
(DBN)

____________

Fishing:

Creditor banks in talks about future of Pescanova’s Portuguese turbot farm
(DBN)

____________

Apparel:

Hardwick Clothes bid is unqualified
(DBN)

____________

Mass Torts:

Garlock submits Amended Plan of Reorganization in bankruptcy proceeding
(DBN)

Judge scrutinizes Freedom fees for travel rates and duplicative work
(DBN)

____________

Religion:

Cincy Archdiocese – All Teachers Are Ministers!
(DBN)

____________

Nonprofits:

Report: Walmart's Billionaire Waltons Give Almost None Of Own Cash To Foundation
(DBN)

____________

Student Debt:

The Next Big Bailout: Student Loans
(DBN)

Cohen: More fairness for student loan hardship cases
(DBN)

____________

Sovereigns:

Embarrassing Leaked Memo Could Ruin Argentina's Chances Of Getting Back In The World's Good Graces
(DBN)

Leaked Memos and Litigation Leverage (Argentina Version)
(DBN)

____________

UK:

The Guardian Publishes Annual List of Top UK Law Schools
(DBN)

Labour MP Gisela Stuart Calls for England Devolution on Birmingham Bankruptcy Fears
(DBN)

____________

PIIGS:

Judge to hear closing statements in Drumm trial in US --- ie: Deal on insolvency process a 'revolution'
(DBN)

____________

Brazil:

Brazil bankruptcy requests rise in May
(DBN)

More Than 80% of Creditors at Meeting Vote for Oleo e Gas Restructuring Plan
(DBN)

Creditors approve restructuring of Batista's Oleo e Gas
(DBN)

Pimco-Led Creditors Near Control of Batista's Oil Unit
(DBN)

____________

Russia:

Former Yukos shareholders' lawsuit against Russia to be resolved by July
(DBN)

____________

 

 

 

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