March 18, 2014

The Daily Bankruptcy News

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Law:

The Message From Harvard – ‘New Law’ Is Replacing ‘Biglaw,’ But How Will The Profession Respond?
(DBN)

The Best Law Schools For Making Money
(DBN)

What Dewey Know About Zachary Warren, Defendant No. 4 In The Criminal Case?
(DBN)

How A 29-Year-Old Wunderkind Got Indicted With The Leaders Of An Imploded Law Firm
(DBN)

Solo practitioner ‘single-handedly set the stage’ for massive GM recall
(DBN)

What Is Wrong With California Law Schools?
(DBN)

ABA Council Abandons Bid to Drop Tenure Requirement
(DBN)

Is Going Solo The Best Choice For Parents Who Practice?
(DBN)

Widow of attorney gunned down in parking lot of shopping mall files wrongful death suit
(DBN)

Which Will Come First — A Black President, Gay Marriage, Or Legalization Of Marijuana?
(DBN)

14 Horrible Things That Can Happen If You Sit At Your Desk For Too Long
(DBN)

How To Tell Your Story On LinkedIn
(DBN)

8 new apps and accessories for your mobile devices, reviewed by lawyers
(DBN)

Lawyer wears jailhouse orange for Lent to spur discussion about hiring ex-cons
(DBN)

Swallowing anonymous tip in court gets Crime Stoppers chief cited for contempt
(DBN)

Man Finds Out He's On The 'Most Wanted' List After Googling Himself
(DBN)

Pot grow house causes blackout
(DBN)

Argument Over Movie Ending Turns Deadly
(DBN)

Breaking Bad Lecturer Jailed for Planning Huge Drug Production Operation
(DBN)

Pistorius Allegedly Ordered Six New Guns Before Shooting His Girlfriend
(DBN)

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Judges:

Bankruptcy Judgeship Opportunity in District of Oregon
(DBN)

Bankruptcy Judgeship Opportunity in Central District of California
(DBN)

Bankruptcy Judgeship Opportunity in Eastern District of California
(DBN)

Scalia as swing voter? So far this term he has sided with the majority every time
(DBN)

Supreme Court Retirement Watch: Kindly GTFO, RBG
(DBN)

Chemerinsky op-ed calls for retirement of Ginsburg and maybe Breyer
(DBN)

Justice Kagan to Set Sight on New Target
(DBN)

Attorney pleads guilty, says he bribed judge for favorable case rulings
(DBN)

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Wall Street:

US Stock Futures Suggest Weaker Opening
(DBN)

Markets Are Starting To Fade...
(DBN)

European Stocks Decline After Rally
(DBN)

US stocks gain on ebbing Ukraine fears; Dow rises 1.13%
(DBN)

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Layoffs:

State leaders invite people to North Dakota to fill 25,000 available jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Currency:

Mt. Gox re-opens website, allows customers to check Bitcoin balance
(DBN)

Bitcoin-stealing malware hidden in Mt. Gox data dump, researcher says
(DBN)

Nakamoto Hires Lawyer in Newsweek Bitcoin Fight
(DBN)

____________

Mass Torts:

Ford Seeks Garlock Bankruptcy Information To Fight Its Own Asbestos Suits --- Ford Motor Co. suspects it was target of asbestos attorneys
(DBN)

Veterans call for end to asbestos lawsuit bill
(DBN)

Freedom Industries President Seeks Pay Approval, Lawsuit Protection
(DBN)

BP Takes Spill Settlement Appeal to Full Fifth Circuit
(DBN)

____________

Retailing:

Not dead yet: The American shopping mall is changing, not going away
(DBN)

____________

Student Debt:

Addressing growing student debt
(DBN)

Why Most Student Loan Debt Advice Is Bad or Just Wrong
(DBN)

____________

Healthcare:

Possible Suitor for Long Island College Hospital Has Checkered Record as Rescuer
(DBN)

Healthcare Accounts Receivable and Possible Looming Troubles?
(DBN)

____________

Banking:

Banks Get Lesson in Pay for Performance
(DBN)

FDIC Files Libor Manipulation Lawsuit for Alleged Harm to Failed Banks
(DBN)

____________

Telecoms:

LightSquared Tells Judge That Ergen Sought to Destroy Company
(DBN)

LightSquared Says Ergen Bought Bank Debt for Dish, Not Himself
(DBN)

Ergen 'forfeited' his $700M LightSquared stake: attorney
(DBN)

'Culture of arrogance' felled telecom giant Nortel
(DBN)

____________

Economy:

US factories flex muscle after severe winter chill --- Manufacturing Output in US Rises Most in Six Months
(DBN)

Obama manufacturing hubs face uphill struggle to create jobs
(DBN)

NY Fed: Empire State Manufacturing Activity indicates "business conditions improved" in March
(DBN)

Fed set to roll out new low-rate pledge
(DBN)

Fed Seen Swapping Jobless Threshold for Qualitative Guidance
(DBN)

Business Finds New Reason for Optimism
(DBN)

Moms Without Jobs Have Healthier Babies
(DBN)

It's No Coincidence The Sudden Improvement In Corporate Borrowing Coincided With The Taper
(DBN)

How Different Generations Of Americans Spend Their Time
(DBN)

Low-Wage Workers Are Finding Poverty Harder to Escape
(DBN)

Food Prices Surge as Drought Exacts a High Toll on Crops
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home-builders' confidence still shaky --- Poor Weather Conditions Affecting Builder Confidence
(DBN)

Existing Home Inventory up 5.5% year-over-year on March 17th
(DBN)

Democrats Press Holder on Exaggerated Mortgage Fraud Claims
(DBN)

Crisis-hit mortgage insurers return
(DBN)

Did Wells Fargo create bogus foreclosure document manual?
(DBN)

Where Can a Teacher Afford to Buy a Home?
(DBN)

Why Congress Wants to Kill Moneymakers Fannie and Freddie
(DBN)

Tight Credit significantly impacting Purchase Mortgage Lending
(DBN)

___________

Municipalities:

Bond Insurer Seeks to Challenge Detroit Suit --- Setback for Bankruptcy Plan --- Bond insurer says Detroit knew better when it agreed to $1.4-billion debt deal in 2005
(DBN)

Detroit retirees send letters to bankruptcy judge: 'These are not the golden years for us'
(DBN)

Detroit retirees see pension cut plan as divisive
(DBN)

Detroit Judge Vacates the Appointment of the Official Committee of Unsecured Creditors
(DBN)

Is Puerto Rico another Detroit in the making?
(DBN)

These RI Cities + Towns Could Be Next in Bankruptcy
(DBN)

Vallejo Bankrupt Again? “We Are Not Going There”
(DBN)

____________

Fraud:

Case Involving Madoff Employees Heads to Jury --- Jurors face tough task
(DBN)

Madoff jury seeks star witness testimony
(DBN)

____________

Autos:

GM recalls 1.5 million additional cars, will take $300-million charge --- Barra on recall: 'Terrible things happened' --- GM recall a 'thunderbolt' for auto dealers who want faster fix
(DBN)

____________

Aviation:

Frustrations, unknowns mount in search for Malaysia Airlines Flight 370 --- Flight Path Changed By Cockpit Computer --- Planning could hold key to disappearance of Malaysia flight --- Clues Sought in Malaysian Airlines Pilot's Homemade Flight Simulator --- Scant Radar Data Crimp Jet Search --- Questions Over Absence of Cellphone Calls From Missing Flight's Passengers --- Plane used low altitude 'terrain masking' maneuvers? --- Pilots Say Disappearance Of Jetliner Points To Meticulous Planning --- Malaysia U-turns on satellite data evidence; unsure when system went off line --- US Investigators Believe Missing Malaysia Plane Is West Of Australia In Indian Ocean --- Everything We Know About Malaysia Airlines Flight 370 In One Graphic --- Wish We Had Hijacked Jet, But Didn't, Says Taliban --- Where Malaysia 370 Might Have Landed An interactive map of the places where the Boeing 777 could have ended up --- Furious Relatives Threaten Hunger Strike Over Malaysian Handling Of Missing Jet Search --- Expert Claims That The Missing Flight Could Have Been 'Cyber Hijacked' --- Malaysian Airplane Investigators Look At Suicide As Possible Motive --- What Pilots Think About The Wild Theory That The Malaysia Jet Used Another Jet To Hide
(DBN)

____________

Food/Beverage:

Quiznos Reorg Sees Lawsuit Over 2012 Recap Misrepresentations
(DBN)

Quiznos Judge Approves as Much as $10 Million in Financing
(DBN)

Quiznos owners accuse Schadens of scamming them
(DBN)

Quiznos and Potbelly: A tale of two sandwich chains
(DBN)

Three Factors That Led to Quiznos' Epic Decline
(DBN)

Thinning the herd with Quizno's, Sbarro and Hot Dog on a Stick bankruptcies
(DBN)

____________

Cigars:

Prime Time Little Cigars Maker Files for Chapter 11 Bankruptcy
(DBN)

____________

Building Materials:

Indiana Limestone wins court approval for auction
(DBN)

____________

Celebs:

Lisa Vanderpump: I Didn’t Lived in The Valley, Calabasas Nor Bankrupt
(DBN)

____________

Bankruptcy Crimes:

Former Illinois Physician Facing Federal Charges including Making False Statements during Bankruptcy Proceedings
(DBN)

___________

Consumer Finance:

GE's credit card business faces two federal investigations
(DBN)

____________

Agriculture:

Hearing set for Thursday in guar bankruptcy trustee request
(DBN)

____________

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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (72 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)

______________

Property of the Estate:

Third Circuit Rules Successor Liability Claims Are “Generalized Claims,” and Therefore, Property of Bankruptcy Estate – Not Individual Creditors
(DBN)

____________

Sales:

Caveat Emptor For Distressed Debt Purchasers - Your Credit Bid Rights May Be Impaired!
(DBN)

____________

Finance:

NY Court Rejects Recourse Triggers Accepted in Cherryland and Gratiot
(DBN)

____________

Retailing:

5 Brilliant Strategies Jeff Bezos Used To Build The Amazon Empire
(DBN)

____________

Personal Finance:

The Top 7 Tax Deductions And Credits That People Miss
(DBN)

___________

Television:

Comcast won't purchase struggling CSN
(DBN)

____________

Education:

Protecting Private Wealth: Recent Bankruptcy Cases Involving Tuition Payments and Profit Sharing Plans
(DBN)

The 41-Page Internal Document That Shows How Trump University's 'Free' Seminars Got Suckers to Pay Up
(DBN)

____________

UK:

UK: 5 Richest Worth More than Poorest 20%
(DBN)

Living Standards Have Fallen for Everyone
(DBN)

____________

EU:

Eurozone inflation falls to 0.7% in February
(DBN)

____________

PIIGS:

Greece 'close to' elusive deal with creditors
(DBN)

Fitch: Spain restructuring law may hit SME, mortgage recoveries
(DBN)

____________

Canada:

Receivership or Stay of Proceedings? Court Deals with Competing Applications for the Appointment of a Receiver and CCAA Protection
(DBN)

11 lessons from Nortel's demise
(DBN)

Financial woes again plague Petcetera
(DBN)

Sears Home Services bankruptcy leaves customers in the lurch
(DBN)

____________

Germany:

German Court Upholds Eurozone Rescue Fund
(DBN)

____________

Ukraine:

Obama Announces Sanctions: 'We Are Making It Clear There Are Consequences For Their Actions' --- Sanctions Against 7 Russian 'Cronies' --- Meet The Putin Cronies Who Just Got Slapped With The Toughest Sanctions Since The Cold War --- Markets Are Laughing At Obama's Russia Sanctions --- America Is Too Broke to Rescue Ukraine --- Russia Admits That Its Economy Is In Crisis --- Russia recognizes Crimea’s independence --- Putin Approves Draft Bill to Annex Crimea
(DBN)

____________

India:

Disgruntled Workers Cause Shut Down Of India Toyota Plant
(DBN)

____________

China:

Looming property default in China raises fears of broader crisis
(DBN)

China admits its ills but faces an unpalatable cure
(DBN)

How To Do Business In China Without Jail Time? Kill A Chicken
(DBN)

China's 'Bear Stearns' Moment Could Strike At Any Time
(DBN)

Chinese developer at risk of massive default
(DBN)

Developers' Bonds Decline Amid China Housing Bankruptcy
(DBN)

China’s central bank holds bailout talks with property developer
(DBN)

China Developer Debt Tumbles After Zhejiang Xingrun Collapse
(DBN)

____________

Sweden:

Swedes tire of tax cuts as welfare state shows strains
(DBN)

____________

Zimbabwe:

Robert Mugabe demands pay rise after daughter's expensive wedding
(DBN)

____________

Malaysia:

Shipping companies cry for help
(DBN)

____________

MENA:

Hadassah crisis drives apart hospital, women's group
(DBN)

____________

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