May 12, 2014

The Daily Bankruptcy News

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Law:

Looking Up: Law Firms Show Signs of Growth in M&A, Corporate, Real Estate- Litigation, Bankruptcy Lag
(DBN)

Snell & Wilmer lays off about 40 staffers
(DBN)

Canadian Judge Criticizes Nortel Lawyers for 'Shocking' Fees: "Huge Waste of Money"
(DBN)

Amici Briefs From Firms Fault 'Unfinished Business' Doctrine
(DBN)

“Have you lost your mind?”
(DBN)

Optimistic Expectations Are Playing Out, But Struggles Linger
(DBN)

The Growth Problem
(DBN)

Buyers, Influencers and Gate Keepers
(DBN)

The Future of the Business of Law
(DBN)

Things Unhappy People Do
(DBN)

How to Avoid a Meltdown at Work: 3 Tips
(DBN)

Be A More Certain Lawyer By Exploring Options
(DBN)

Bar to pursue case against 3 lawyers accused of setting up opposing counsel for mid-trial DUI arrest
(DBN)

Tuition Cuts and Tuition "Cuts"
(DBN)

Moody's warns that stand-alone law schools are most at risk, notes downside to tuition cuts
(DBN)

Law Professor Gives Adorable Drinking Advice
(DBN)

Lawrence Mitchell Threesomes And Other Startling Allegations In Affidavit
(DBN)

Bail out law schools – but with strings attached
(DBN)

These venture capitalists skip law firms for legal services startups
(DBN)

Is Wikipedia A Reliable Legal Authority?
(DBN)

Amazon bans company that threatened to sue over negative customer review
(DBN)

Policing for Profit? Lawmakers, advocates raise alarm at growing gov’t power to seize property
(DBN)

Cops: Man, 79, Beaten After Leg Accidentally Touches Car in Parking Lot
(DBN)

9-year-old led away in handcuffs by Portland police prompts outrage
(DBN)

Doctor shot in prison riot sues lawyer, says attorney error kept him out of minimum security camp
(DBN)

Woman faces wiretapping charges after recording her own arrest
(DBN)

Man killed wife, three dogs and a parrot after critical text, police say
(DBN)

Dumb Criminal Posts Video Of Dumb Crime After Leaving Hospital Injured From Dumbness
(DBN)

Huge portrait above lawyer’s downtown offices spurs review of legality --- Larger Than Life Window Cut-Out Pisses Off City, ‘Intimidates’ Residents
(DBN)

I Hate Frickin' "Attorney Friends"!
(DBN)

Donald Sterling: 'I'm asking for forgiveness' - I was 'baited' into 'a terrible mistake' --- Donald Sterling: I'm Not A Racist, And Magic Johnson Isn't A Good Example For Children
(DBN)

Texas Police Officer Fired After Shooting And Killing 93-Year-Old Woman --- 93 Year Old Woman Fired Shots First
(DBN)

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Judges:

State Churches? Justice Clarence Thomas Hears the Call
(DBN)

Judge acquitted of battery based on insanity is ordered removed from the bench
(DBN)

The Most Popular Law Schools of Supreme Court Justices
(DBN)

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Wall Street:

US Stock Futures Point To Higher Opening
(DBN)

Dow Makes History With Record Close
(DBN)

Long-Term Goldman Investors Are Sitting Pretty
(DBN)

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Layoffs:

Help-wanted drop points to weaker job gains
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Justice Department Official Takes ‘Banks Can’t File For Chapter 11 Bankruptcy’ Rule Seriously
(DBN)

Regulator Suggests End to Banks' Self-Grading
(DBN)

Boom Times For Bank Trading Have Gone And May Never Come Back
(DBN)

JP Morgan Rethinks Relationships with Banks
(DBN)

Unofficial Problem Bank list unchanged at 509 Institutions
(DBN)

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Shipping:

Hedge Funds Buy Stock of Bankrupt Shipper Genco
(DBN)

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Personal Finance:

The Ultimate Cheat Sheet For Finding Financial Happiness
(DBN)

Meet The Family Of Four Who Lives Well On Just $14,000 Per Year
(DBN)

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Corporate Reform:

Why U.S. Is Pushing for Guilty Plea in BNP Paribas Sanctions Probe
(DBN)

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Retailing:

Struggling Malls Suffer When Sears, Penney Leave
(DBN)

RadioShack scales back planned store closings
(DBN)

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Fraud:

TelexFree owners charged with fraud --- One TelexFree Owner Arrested in Worcester
(DBN)

The UPS Store Franchise System Is Massive Fraud, Say Former Franchisees
(DBN)

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Electricity:

Bankruptcy judge sets confirmation date for Southern co-op
(DBN)

Debt may ease private equity losses for Energy Future Holdings investors
(DBN)

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Furniture:

Bankruptcy sale for Ann Arbor's Naked Furniture now expected to last 'a month or two'
(DBN)

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Bankruptcy Crimes:

Bujak found not guilty in bankruptcy fraud case
(DBN)

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Gambling:

Caesars' CEO: Atlantic City has too many casinos
(DBN)

Caesars bondholders feel the pressure
(DBN)

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Shipping:

Aurelius Capital appeals bankruptcy-court approval of Genco Shipping RSA
(DBN)

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Autos:

GM Ranked The Worst Automaker To Deal With By Suppliers
(DBN)

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Museums:

Broke Art Museum With No A/C Opens Windows to Reduce Humidity
(DBN)

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Economy:

US economic strength may not be clear for months-Fed's Lockhart
(DBN)

Did the financial crisis make us permanently poorer?
(DBN)

Inflation is becoming a question of when, not if
(DBN)

Top income tax rate: How U.S. really compares
(DBN)

BLS: Jobs Openings at 4.0 million in March
(DBN)

Geithner's ' Stress Test ' will offer inside look at Lehman collapse --- Geithner on bailouts, Obama and public anger over bonuses--- Former treasury secretary says he felt Americans' outrage --- Geithner Book Rekindles Barofsky Hatefest--- Didn't see the mortgage crisis coming and didn't grasp the severity of the problems --- Geithner reveals divisions over Lehman --- Timothy Geithner on his "terrifying days" at Treasury --- Timothy Geithner Book 'Stress Test' Defends Financial-Crisis Decisions --- Geithner Memoir: He Made Repeated Offers To Resign --- U.S. considered nationalizing big banks --- From Davos to Big Sur, Geithner Recounts Staring Into the Abyss --- UK government's lending targets were 'fake', says Tim Geithner --- What Geithner's book won't tell you --- Mitt Romney adviser: Tim Geithner’s lying --- Former Treasury chief: I was too soft on banks
(DBN)

Picketty's Wealth Tax Isn't a Joke
(DBN)

Were We in a Recession in 2013?
(DBN)

America on the Move Becomes Stay-at-Home Nation for Millennials
(DBN)

The World's 20 Most Powerful Moms
(DBN)

The Projected Improvement in Life Expectancy --- An Incredible Number Of Babies Born Today Are Going To Live To 100
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

FNC: Residential Property Values increased 9.1% year-over-year in March
(DBN)

After taxpayer bailout, should Fannie/Freddie shareholders benefit from their big profits?
(DBN)

Fannie Mae soft pedals $4B mistakes
(DBN)

Real Estate Fraudster Faces Hard Time
(DBN)

Omaha: Retirement Community Surprised By Bankruptcy
(DBN)

Westport hearing delayed again, but this time both Pat Turner and Citigroup agree
(DBN)

Why millennials are hurting real-estate recovery
(DBN)

The Most Expensive U.S. Rental Markets
(DBN)

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Municipalities:

Bankruptcy bills package includes prohibition of DIA millage renewal --- Michigan bills attach strings to Detroit bankruptcy money
(DBN)

What's at stake in the Detroit bankruptcy voting --- What's in the Detroit bankruptcy voting package?
(DBN)

Retirees face complex ballot --- What Detroit retirees need to know about the bankruptcy vote --- Detroit creditors begin voting on bankruptcy plan amid pension fund discord --- Bankruptcy Balloting: As voting begins, what do cuts mean for pensioners? --- Q&A: Answers to your Detroit bankruptcy ballot questions

(DBN)

Detroit's clever and likely illegal art-for-pensions deal --- Bankruptcy Expert Claims Detroit's Art-for-Pensions Deal is Illegal
(DBN)

Objection hearing in Detroit's bankruptcy Monday
(DBN)

Is the Grand Bargain too hard a sell?
(DBN)

Detroit grand bargain not as pricey as you might think
(DBN)

Detroit's first post- bankruptcy budget: 'Balanced and modest' spending
(DBN)

Tuesday hearings scheduled on Detroit bills
(DBN)

Water everywhere, but not a drop to drink
(DBN)

Now on auction in Detroit: Homes starting at $1,000
(DBN)

Motion filed to sue Charles Pugh and city of Detroit
(DBN)

Video Of Saturday's Church Fire Puts A Bankrupt City's Woes On Full Display
(DBN)

Rhode Island Faces Curt Schilling Conundrum on Bonds --- Rhode Island Risks Junk Grade If It Skips Paying 38 Studios Debt
(DBN)

Trial starts Monday to determine if Stockton can exit bankruptcy
(DBN)

Eyes of a nation on Stockton
(DBN)

Bankrupt California city poised for comeback
(DBN)

Stockton’s Rare Creditor Fight Presages Larger Detroit Showdown
(DBN)

City of Stockton Must Face Last Angry Creditor
(DBN)

Staying out, not leaving, is trick with bankruptcy
(DBN)

Scranton council takes action
(DBN)

Pennsylvania's zombie towns: Legislators ponder future
(DBN)

10 Retiree Friendly Cities
(DBN)

The 5 Most and Least Charitable States
(DBN)

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Currency:

HashFast Cuts 50% of Staff, Denies Bankruptcy Rumors
(DBN)

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Hotels:

Hotels: On track for Strongest Year since 2000
(DBN)

Beverly Hills Hotel Enlists 'Master of Disaster' Fabiani as Crisis Manager
(DBN)

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Celebs:

The Broke and the Beautiful: Mekhi Phifer Edition
(DBN)

Dr Dre loses Death Row lawsuit
(DBN)

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Lehman:

Lehman Brokerage Seeks to Reserve More Money for Creditors
(DBN)

Ex-Lehman Banker Magnoni Is Arrested in Milan Probe
(DBN)

District Court Vacates Decision in Lehman Brothers Bankruptcy Case
(DBN)

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Healthcare:

Obamacare's employer mandate isn't worth the trouble, study says --- Axing mandate would do little harm
(DBN)

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Asset Protection:

U.S. Advances Offensive on Use of Swiss Insurance to Hide Assets
(DBN)

It will soon be a lot harder to hide money overseas
(DBN)

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Tax:

Different Ways the House Can Go After Lois Lerner
(DBN)

Boehner: House won't arrest Lerner for contempt
(DBN)

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Brokers:

What SIPC Does, and Does Not, Cover
(DBN)

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Aviation:

Struggling Malaysian Airline taps banks for restructuring -sources
(DBN)

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Food/Beverage:

Mi Pueblo prepares to sell assets as bankruptcy plan faces hurdles
(DBN)

Lawyers Show Muscle in Allens Bankruptcy Case
(DBN)

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IP:

Microsoft Group Guards Patent Secrets in $7 Billion Nortel Trial
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

The Week Ahead: Cross-Border Nortel Trial Set To Begin
(DBN)

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Unexpired Leases:

Landlord Stub Rent Claim: Administrative Priority Or Not?
(DBN)

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Bankruptcy Remoteness:

A cautionary tale for lenders attempting to "bankruptcy proof" their borrowers
(DBN)

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Venue:

Energy Future Defends Decision to File Bankruptcy in Delaware --- Says Delaware Better Than Texas for Bankruptcy
(DBN)

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Property of the Estate:

Third Circuit Concludes Personal Injury Causes of Action Against a Successor to Debtor's Business are Generalized Claims
(DBN)

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Discharge:

What's Behind All the Credit Card Debt Discharged Through Bankruptcy?
(DBN)

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Automatic Stay:

Emotional Distress Damages Recoverable For Violation Of Bankruptcy Automatic Stay
(DBN)

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Involuntary Bankruptcy:

In the Game of “Involuntary Petition” Poker, Tenth Circuit BAP Calls Creditor’s Bluff
(DBN)

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Corporate Reform:

SEC's Gallagher fears violations at advisers are going undetected
(DBN)

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Politics:

Elizabeth Warren's Chance
(DBN)

Sen. Elizabeth Warren : "I Am Not Running For President" --- Sen. Warren avoids endorsing Hillary Clinton for presidential bid
(DBN)

Elizabeth Warren : I Don't Know Why People Call Me A Socialist
(DBN)

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Weddings:

Bride's big day ruined after top NY wedding venue shuts
(DBN)

DUMBO's ReBar Abruptly Closes, Citing Bankruptcy --- ReBar Owner Owed IRS Millions, Claim Former Employees
(DBN)

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Biotech:

Dendreon Pushes Closer To The Brink
(DBN)

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Agriculture:

Universal Cooperatives, Domestic Subsidiaries File Chapter 11
(DBN)

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Corporate Governance:

Is a Remote Annual Meeting Venue an Indicator of Corporate Risk?
(DBN)

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UK:

Majority of football players end up bankrupt after lavish spending but NFL now trying to teach the rookies how to budget
(DBN)

UK: Private Companies Make Fortune off Poor
(DBN)

London tops super-rich city list, survey shows
(DBN)

New bankruptcy bill a balancing act
(DBN)

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EU:

Europe's crisis not over yet: IMF's Lagarde
(DBN)

Europe’s companies write off €360bn in late paid and unpaid debt
(DBN)

Why Investors Are Going Crazy For The Very European Government Bonds They Used To Hate
(DBN)

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PIIGS:

Greece's National Bank completes 2.5 bln euro share sale --- Greek parliament backs new bailout bill
(DBN)

Sean Dunne legal team slams officials over bankruptcy
(DBN)

Codere Extends Debt Talks a Second Time to Avoid Insolvency
(DBN)

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Canada:

Lawyers prepare to battle over $7.3B in Nortel assets in cross-border trial
(DBN)

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Ukraine:

Eastern Ukrainians Vote in Independence Referendum --- Russia wants ‘civilized’ split after Ukraine vote --- EU Set to Expand Russia Sanctions --- Ukraine Seizes 100,000 Ballots Already Marked 'Yes' For Eastern City To Break Away --- East Ukraine Is Disintegrating --- Russia Calls for Implementation of Ukraine Succession Result --- Ukraine's leader gains stature --- What The World Would Look Like If Everyone Followed Putin's Annexation Argument --- France's Hollande: East Ukraine Referendum Does Not Count --- Putin Demands $3.8B From Visa And MasterCard
(DBN)

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Brazil:

Brazil probes Eike Batista for alleged insider trading
(DBN)

Brazil court freezes $55 mn of tycoon Batista's assets
(DBN)

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Israel:

Doctors Turn Down Hadassah Deal To Thwart Bankruptcy --- Hadassah hospital recovery plan calls for bailout --- Hadassah hospital recovery plan calls for cuts, bailout ---$869 Million in Funding and Cuts
(DBN)

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Chile:

Chile Embraces the Corporate Rescue Culture of U.S. Chapter 11 Reorganizations and Facilitates Cross-Border Cases by Revising its Insolvency Law
(DBN)

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Jamaica:

Gov't fails to meet second deadline for passing bankruptcy bill
(DBN)

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China:

Xi Says China Must Adapt to ‘New Normal’ of Slower Growth
(DBN)

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Bulgaria:

Fifty Bulgarian Hospitals 'Facing Bankruptcy '
(DBN)

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