March 20, 2014

The Daily Bankruptcy News

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Law:

Biglaw Employee Charged In $5.6 Million Insider Trading Scheme --- BigLaw managing clerk charged in $5.6M insider-trading scheme, accused of revealing deal info --- Two charged in U.S. insider case with tips on chewed-up napkins --- The Complaint
(DBN)

More lawyers are embracing change—even though ‘old normalists’ are still the majority
(DBN)

A Mystery: Who Are the Dewey Secret Seven?
(DBN)

Résumés: The Harsh Reality
(DBN)

Tristan Birkenmeier Joins Bernstein Shur
(DBN)

Faruqi & Faruqi: On The Prowl For Partners?
(DBN)

Business of Law
(DBN)

Women Lawyers Climb Top Rungs of Corporate America
(DBN)

Smaller may be better to thrive in new legal world, report suggests
(DBN)

America's Happiest and Most Miserable Lawyers
(DBN)

Robert Strauss, Akin Gump Co-Founder, Dies at 95 --- Robert S. Strauss, Top Washington Trouble-Shooter, Dies at 95
(DBN)

Can You Believe These Folks Passed The Bar Exam?
(DBN)

Law School Sends Memo About Inappropriate Student Cleavage
(DBN)

Fake Gibson Dunn Runs Phone Scam, Real Gibson Dunn Laughs
(DBN)

Bigger Is Not Always Better
(DBN)

Gibson Dunn Lodges $32 Million Fee Request in Chevron Case
(DBN)

Lawyer Touts Practice Through Rap Video. Yes, This Is Real.
(DBN)

Malaysian Airlines Flight MH370 was shot down by Chinese missile, claims practicing barrister
(DBN)

Document Reviewer Gets Angry At Staffing Agency — Hilarity Ensues
(DBN)

Microsoft Office for iPad next week
(DBN)

NSA Lawyer: Tech Companies Knew We Collected Their Data

Bin Laden's Son-In-Law Unexpectedly Testifies At His Trial
(DBN)

Heavily Armed Police Storm Man's Home Over Life-Sized Gun Tattoo
(DBN)

Principal who told kids not to speak Spanish will lose job
(DBN)

Oy Vey! Dueling Calendars Of Jewish Hotties Trigger Trademark Throwdown
(DBN)

Tearful runaway real estate lawyer gets 5 years in $5.9M client theft
(DBN)

Lawyer learns lesson in the Girl Scout way after troop orders too many cookies by mistake
(DBN)

Lawyer suspended for posting video of undercover drug buy in mistaken belief it exonerated client
(DBN)

Cabbies Furious Over Proposed Hygiene Requirements
(DBN)

Mom Turns Herself Into a Human Speed Bump to Save Kids in Runaway Car
(DBN)

Lawyer is suspended for faking illness to avoid oral argument
(DBN)

Teen who sued her parents drops the lawsuit
(DBN)

Tennessee Sheriff Sued Over Shackling Woman While She Delivered Baby
(DBN)

Using finger as ‘look-alike firearm’ gets boy, 10, a 3-day school suspension
(DBN)

Say What?!
(DBN)

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Judges:

Tax protester gets 20-year max in attempted murder-for-hire plot against federal judge
(DBN)

‘For the sanctity of the trees,’ limit case filings, federal judge tells ex-governor’s lawyers
(DBN)

Does the First Amendment require live broadcasts of the Supreme Court?
(DBN)

Don't Tell Ruth Ginsburg to Retire --- Should she stay or should she go? --- She’s irreplaceable
(DBN)

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Wall Street:

US Stock -Index Futures Little Changed Before Jobs, Homes Data
(DBN)

Markets Are In The Red Across Europe
(DBN)

Stocks Retreat After Fed Tapers Stimulus Program Again
(DBN)

Inquiry Into High-Speed Trading Widens
(DBN)

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Layoffs:

Here's How Much Salaries Are Expected To Increase This Year By Industry
(DBN)

Sony Pictures To Cut 216 Jobs In California
(DBN)

USEC tells state it may have to lay off employees
(DBN)

15 Highest Paying Companies in America
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Union turning up heat on Revel as sale looms
(DBN)

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Rail:

Sale of MM& A Railway to Fortress Investment Group delayed --- Canadian officials holding up MM&A sale
(DBN)

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Healthcare:

Medical transcription firm M*Modal files for bankruptcy
(DBN)

Inside the Saint Francis deal: Plans outlined for growth
(DBN)

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Retailing:

Radioshack's Future Doesn't Look Promising At All
(DBN)

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Economy:

US current account deficit hits 14-year low
(DBN)

Fed tapers another $10 billion --- U.S. Stocks Drop as Fed’s Yellen Outlines Stimulus Exit --- Stocks Tumble After Janet Yellen Says 'six Months' --- What does Yellen's "around six months" mean? --- Fed Tweaks Rate Guidance, Affirms Easy-Money Tilt --- Janet Yellen’s first FOMC statement, annotated
(DBN)

Fed Doesn't Care About Jobless Anymore
(DBN)

CBO Director: 'Unpleasant' Choices Coming
(DBN)

Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg Survey
(DBN)

Here's How NASA Thinks Society Will Collapse
(DBN)

Unfunded Liabilities are Fraudulent Promises
(DBN)

Climate Report Predicts Shrinking GDP, Food Shortages, And A Rise In Violent Warfare Around The World
(DBN)

Philly Fed: State Coincident Indexes increased in 48 states in January
(DBN)

Krugman: Nobody Could Have Predicted, Monetary Edition
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

KB Home shares rise as builder posts impressive sales, profit
(DBN)

CFPB: Zombie Killer
(DBN)

Should Congress Limit the Mortgage Interest Deduction?
(DBN)

The 10 Best Cities For Buying And Selling A Home
(DBN)

Manhattan's Apartment Sizes Are Shrinking
(DBN)

Here's how developer Pat Turner might be able to keep Westport
(DBN)

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Municipalities:

'Us Vs. Them' in…Water Deal
(DBN)

Candidate for governor Mark Schauer: Detroit pensions 'should have never been on the table'
(DBN)

Detroit spends more to issue parking fines than it collects
(DBN)

Snyder: Detroit bankruptcy cash from Michigan unlikely after May
(DBN)

For Kids Of Bankrupt Detroit, Challenges Abound
(DBN)

Stockton Bankruptcy judge: Convince me
(DBN)

Cash-strapped North Las Vegas dips into rainy day fund
(DBN)

Junk Debt Defies Puerto Rico in Best Gain Since ’09
(DBN)

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Video Games:

RI hires analyst to review 38 Studios bond payments
(DBN)

____________

Aviation:

More details on court discussion of American Airlines retiree benefits
(DBN)

Australia Says It May Have Found The Plane --- Satellites Spot Possible Flight 370 Debris --- Critical Data Was Delayed in Flight Search --- An agony for relatives of Malaysia Airlines Flight 370 passengers --- 777 Pilot: I'm Sorry, But I'm Just Not Buying The Smoke-In-The-Cockpit Theory --- CNN’s Don Lemon: ‘Is It Preposterous’ to Think a Black Hole Caused Flight 370 to Go Missing? --- Search For Missing Plane Spurs Call To Upload Black Box Data To The 'Cloud'
(DBN)

____________

Personal Finance:

The 6 Most Common Ways People Commit Financial Suicide
(DBN)

15 Items That Are Always Worth Buying In Bulk
(DBN)

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Celebs:

Lisa Vanderpump hasn't been invited back to Real Housewives Of Beverly Hills
(DBN)

____________

Fraud:

Morgan Stanley Broker, Law Clerk Charged in Insider Plot
(DBN)

U.S. Alleges Inside Traders Used Spycraft, Ate Evidence
(DBN)

Once high-flying Kentucky oilman admits fraud
(DBN)

Agape World Broker Pleads Guilty To Role In $400 Million Ponzi Scheme, Faces Deportation
(DBN)

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Telecoms:

Judge hears arguments on LightSquared bankruptcy plan
(DBN)

LightSquared Confirmation Hearing Begins With Questions On FCC
(DBN)

LightSquared Witness Predicts FCC Airwave Approval by ‘15
(DBN)

____________

Resorts:

British Virgin Islands Resort Owner Files Restructuring Plan
(DBN)

____________

Opera:

San Diego Opera Prepares to Close --- Exiting with dignity — and mystery
(DBN)

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Mass Torts:

Ford, Chamber Seek Trial Transcripts in Garlock Asbestos Recovery
(DBN)

Asbestos defendants succeeding in rare Madison County trials
(DBN)

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Food/Beverage:

Billionaire Marc Lasry on the Hook In Quiznos for $200M
(DBN)

Quantum Foods, LLC Receives Enhanced Sale Agreement Approval
(DBN)

____________

Consumer Finance:

Costly Loans Are Drawing Attention From States
(DBN)

____________

Private Equity:

Due Diligence after Sun Capital
(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 (40 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (30 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)

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Miscellaneous:

March Madness: Weil’s Elite Eight
(DBN)

____________

Plan Confirmation:

Reorganization Not Feasible After Sale Of Debtor’s Property; Appeals Dismissed
(DBN)

____________

Exemptions:

SCOTUS argument preview: Scope of protections for retirement funds in bankruptcy squarely at issue
(DBN)

____________

Discharge:

Ninth Circuit B.A.P. Holds That Principal Can Discharge Debts Caused By His Agent’s Fraud
(DBN)

____________

Personal Bankruptcy:

Sousa on Bankruptcy Stigma
(DBN)

____________

Distressed Investing:

Buyer of Lehman's Brazil Assets Starts Distressed Fund
(DBN)

____________

Autos:

The GM Recall: Which Claims Are Barred, What the Lawyers Are Trying
(DBN)

GM’s Ignition Victims Need Help From Bankruptcy Judge on Claims
(DBN)

General Motors liabilities may have been deliberately concealed
(DBN)

GM's recall defense: 'That was then, this is now'
(DBN)

Lawyers ply the Internet to score clients for GM lawsuits
(DBN)

GM must pay for pre- bankruptcy ignition deception: lawsuit
(DBN)

Toyota's Harsh $1.2B Punishment Must Be Sending Chills Through GM's Mary Barra
(DBN)

Bertone, The Studio Behind Many Beautiful Cars, Heads To Bankruptcy
(DBN)

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Pensions:

Companies Prepare To Dump Pension Plans In 2014
(DBN)

____________

UK:

Scotland to reform bankruptcy legislation
(DBN)

____________

PIIGS:

ie: Lifting the lid on bankruptcy --- Government was told in 2008 bank bailout would cost €16.4bn at most --- Court hears Dunne stored art behind 'false wall' --- Sean Dunne disputes claims of 'secret wall' for valuable artwork in K-Club house --- Detail 'continues to emerge' on alleged conspiracy over Quinn assets
(DBN)

Greek considers early bond sale of up to 2 billion euros: source
(DBN)

____________

Canada:

Grievance: a provable claim within the meaning of the Companies’ Creditors Arrangement Act and Bankruptcy and Insolvency Act
(DBN)

____________

France:

French rogue trader to go to prison
(DBN)

French court cancels fine for rogue trader Jerome Kerviel
(DBN)

____________

China:

Let a thousand firms go bust
(DBN)

Chinese businessman pays $2 million for puppy
(DBN)

China resumes approval for developers' equity financing as credit fears grow
(DBN)

China's Yuan Has Fallen To A Level That Means 'Real Pain'
(DBN)

Cash-strapped Chinese sell Hong Kong luxury real estate
(DBN)

China c.bank comment reinforces signal that debt carries risk
(DBN)

US Firms More Wary of China
(DBN)

____________

Ukraine:

My Crimean Summers and Ukraine's Odious Debts --- Ukraine making plans to pull troops from Crimea --- EU leaders to toughen stance on Russia --- Moscow signals concern for Russians in Estonia --- Russia Just Warned The US That It May Play The 'Iran Card' On Ukraine
(DBN)

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Brazil:

Carlyle Partners Forced to Bail Out Brazil Real-Estate Developer
(DBN)

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