May 23, 2014

The Daily Bankruptcy News

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Law:

Squire Sanders Suspends Vote on Patton Boggs Merger
(DBN)

Patton Boggs: Can it get out of latest pickle? --- Donziger Filing Puts Squire Sanders, Patton Boggs Merger in Limbo --- Who Wins in Donziger v. Squire Patton Boggs?
(DBN)

Foley & Lardner Adds Charles Tabb To Roster
(DBN)

Business of Law
(DBN)

Clouds Parting For Junior Associates
(DBN)

Partner Accused Of Emailing His Graphic Fantasies To Associate
(DBN)

Pricing, Profitability and Compensation - Part Two
(DBN)

Biglaw Firm Withdraws, Citing Client’s Systematic Falsification Of Evidence --- Withdraws after winning $25M jury verdict, says client admitted evidence issues
(DBN)

Hear the one about the bankruptcy lawyer who bought a restaurant?
(DBN)

Millionaire lawyer quits to become a Human Cannonball
(DBN)

‘Plagiarized’ law essay goes viral
(DBN)

Does the future of law have no place for women?
(DBN)

Campus Strife Over Law Review Diversity
(DBN)

Rank ordering the likelihood of law school reforms
(DBN)

Which law schools are most underrated and overrated? Prof has an answer, based on SSRN downloads
(DBN)

Reinventing The Law Business: Achieving The Mission — Attracting, Training, Retaining And Inspiring Talent
(DBN)

Taking Cybersecurity Seriously
(DBN)

OK to ‘Friend’ Unrepresented Adversary, Mass. Ethics Panel Says
(DBN)

How A Warm Drink And A Hard Chair Can Improve Negotiating
(DBN)

Attorneys paying attention to increased use of personal mobile devices in workplaces
(DBN)

Investigators seek tattoo artist info in murder cases against former football star Aaron Hernandez
(DBN)

Forced retirement of law firm partners gets green light from Canada's top court
(DBN)

Apple is really not happy that Samsung’s top lawyer called them ‘jihadists’
(DBN)

Lawyer goes on hunger strike for right to post d--- pics
(DBN)

Prosecutor agrees he won’t use corporal punishment to discipline kids in deal to get charges dropped
(DBN)

Hotel suing Tripadvisor user who posted negative review
(DBN)

Actress faces public flogging for kiss
(DBN)

"The Parties Do Not Need a Judge; They Need a Rather Stern Kindergarten Teacher"
(DBN)

Say What?!
(DBN)

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Judges:

New bankruptcy judge for Western Michigan District brings experience to the bench
(DBN)

Ex-Bankruptcy Judge Joins Kirton McConkie
(DBN)

Lawyer Suing Usher Gets Benchslapped Into The Stone Age
(DBN)

Prosecutor’s Facebook page mocks ‘crack hoes’ and Sotomayor ‘quota lottery’ --- Florida Prosecutor Unapologetic About Sotomayor Affirmative Action Rant Posted On Facebook
(DBN)

Supreme Court Justices Just ‘Junior Varsity Politicians’?
(DBN)

Why the Supreme Court Needs Term Limits --- Bad news for the Justices (and the rest of us)
(DBN)

Do We Need the Supreme Court?
(DBN)

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Wall Street:

 

Markets Are In The Green
(DBN)

Stocks Close Higher on Mixed Bag of Economic Data, Earnings
(DBN)

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Layoffs:

Up to 16,000 Hewlett-Packard Employees Dismissed by October
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Best Buy Gains as Profit Tops Estimates on More Cost Cuts --- Gloomy outlook for consumer electronics --- Warns of Sales Declines
(DBN)

The billionaire wizard behind Sears' hideous collapse
(DBN)

Ecko Unlimited cancels auction
(DBN)

Gap's 1st-quarter net income declines 22 percent
(DBN)

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Banking:

Deutsche Bank faces investor grilling over €8bn capital raising
(DBN)

Deutsche Bank spends £283m on legal fees in 2013
(DBN)

Credit Suisse plea raises risk of U.S. bank indictment
(DBN)

Volcker: Global Regulators Can Create a Regime for Failed Banks
(DBN)

Barclays Fined $44 Million for London Gold Fix Failings
(DBN)

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Newspapers:

Sandton Capital submits top bid for The Free Lance-Star's assets
(DBN)

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Coal:

Can Walter Energy Inc Stave off Its Creditors Much Longer?
(DBN)

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Currency:

Mt. Gox: Creditors Have Until November to File Claims
(DBN)

Ripple, Alternative Digital Currency, Plunges As Founder Liquidates
(DBN)

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Autos:

GM facing $10B in ignition-related lawsuits, plans legal dept. overhaul
(DBN)

GM to lawmakers: We're working on it
(DBN)

GM's Barra met with lawmakers -- again
(DBN)

Class Action Filing Lays Blame on GM Law Department
(DBN)

GM recalls more cars than it sold in past 5 years
(DBN)

GM recalls may continue, says Barclays --- GM tells Wall Street recalls may last into summer
(DBN)

GM Texas Customers Agree to Hold Off Suing for Economic Loss
(DBN)

Why the bankruptcy legacy seems different at Chrysler and GM
(DBN)

____________

Television:

How the CSN Houston Broadcast Map Dooms the Network
(DBN)

____________

Personal Finance:

5 Ways You're Wasting Money Without Even Thinking About It
(DBN)

10 Ways To Get More Money For College
(DBN)

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Economy:

Markit flash manufacturing PMI moves higher in May
(DBN)

Gauge of US economy posts 0.4 percent April gain
(DBN)

Small-business slowdown holds back global recovery
(DBN)

There Are A Bunch Of Charts In Tim Geithner's Book — This One's His Favorite --- Tim Geithner Told Us What The Next Financial Doom Machine Will Look Like --- Tim Geithner: Neither a god nor a devil --- Geithner Goes Off Script with Jon Stewart
(DBN)

US unemployment aid applications rise to 326,000 --- How states fared on unemployment benefit claims
(DBN)

"Employment Scars of the Housing Bust"
(DBN)

The Problem With Being Poor That Everyone Is Overlooking
(DBN)

It's A Myth That Americans Are Busier Than Ever
(DBN)

Federal employees owe $3.3B in back taxes
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Bankruptcy Case Tests Tenants' Rent Protections
(DBN)

US Home Sales Rose 1.3 Percent in April --- 4.65 million SAAR, Inventory up 6.5% Year-over-year
(DBN)

Updated Table of Distressed Sales and Cash buyers for Selected Cities in April
(DBN)

Housing Market Comes Back To Life In April As Price Gains Slow
(DBN)

Freddie Mac: Mortgage rates decline again as 30-year averages 4.14%
(DBN)

Map: The Most And Least Expensive Apartment Rental Markets In The US
(DBN)

Pittsburgh foundations make new play to buy August Wilson Center
(DBN)

DR Horton stock rises on better housing news
(DBN)

Here's why the California housing outlook is grim despite April good news
(DBN)

62 Cats Found Caged Inside Foreclosed Home
(DBN)

Here's What NYC Renters Wish They Knew Before Moving Into Their Apartments
(DBN)

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Municipalities:

Detroit Tries to Stay on Schedule as Document Requests Pile Up
(DBN)

Creditors, citing lack of information, ask judge to delay Detroit bankruptcy trial --- Judge holds off ruling on requests to delay Detroit bankruptcy trial
(DBN)

Detroit mayor's office: We won't keep Orr or law firm after time's up
(DBN)

Detroit Bankruptcy Comes Home as Retirees Get Customized Ballots
(DBN)

Detroit matters to the nation; now can the city deliver?
(DBN)

Detroit art museum objects to bankruptcy bill
(DBN)

Michigan House approves bill banning renewal of DIA millage --- DIA hires consultant to assist with Chapter 9 issues
(DBN)

State House starts OKing Detroit bankruptcy bills --- Michigan House approves Detroit bankruptcy bills --- Mayor Duggan: 'We're On Our Way' --- $200 Million Could Curb Pension Cuts in Detroit
(DBN)

Jamie Dimon says $100 million investment in Detroit was not done for charity
(DBN)

Detroit Bailout Bill Leaves Taxpayers On The Hook For New Pension Underfunding
(DBN)

Gilbert says Detroit blight can be purged in 3 to 6 years --- Carjack City
(DBN)

UAW to raise money for Detroit retiree health care in contribution to bankruptcy 'grand bargain'
(DBN)

Media Misinterpreting Detroit Pension Bill
(DBN)

Koch brothers' group tries to derail Detroit bankruptcy deal
(DBN)

Union plans to sue NJ gov over pension cuts
(DBN)

Detroit not alone, expect more bankrupt cities: Expert
(DBN)

San Bernardino city manager recommends closing library branches
(DBN)

Lincoln Park council to reconsider consent agreement
(DBN)

North Las Vegas pursues bill that could allow municipal bankruptcies
(DBN)

Muni defaults and bond insurance: Part 3
(DBN)

The Fastest Growing And Fastest Shrinking Cities In America --- Texas dominates ranks of fastest growing cities
(DBN)

The 11 Cities With The Most Opportunity Right Now
(DBN)

____________

Healthcare:

Specialty Hospitals of America plans bankruptcy filing, sale of D.C. hospitals --- Bid From Silver Point --- Creditors Seek to Force D.C. Hospital Into Bankruptcy
(DBN)

Judge OKs procedures for Fairmont General sale
(DBN)

PBGC takes over Brooklyn medical center's pension plans
(DBN)

Brooklyn Hospital to Stay Open With Sale Likely
(DBN)

Pickens County Medical Center forced to make layoffs and furloughs
(DBN)

High Point Regional Hospital plans to cut 115 positions
(DBN)

St. Joseph's Closing By End of Year; 60 People Losing Jobs
(DBN)

Interfaith Hospital Bankruptcy Hearing Postponed
(DBN)

Hospitals Continue To Cripple Medicare
(DBN)

____________

Compensation:

McDonald's CEO addresses worker pay, marketing --- Chaotic Protests At McDonald's Headquarters --- McDonald's CEO Says Company Pays 'Fair' Wages Following Protests --- What Do McDonald's Workers Really Make? --- McDonald's shareholders approve chain's executive compensation
(DBN)

____________

IP:

Patent Reform Bill, And Its Revisions To Bankruptcy Code Section 365(n), Stalls In The Senate
(DBN)

____________

Electricity:

Judge rejects motion to move EFH bankruptcy to Texas
(DBN)

Energy Future Delays Restructuring Court Fight to June 30
(DBN)

Apollo, Oaktree Hold $2.7 Billion in Energy Future Claims
(DBN)

____________

Debt Collection:

CFPB Report Highlights “Risky” Debt Collection Practices
(DBN)

Debt Collectors to Pay More than $4 million in FTC Settlement
(DBN)

____________

Politics:

Elizabeth Warren Can't Avoid the 2016 Question --- Warren takes one from the Gipper --- Elizabeth Warren will be the X-factor in 2016 — even if she doesn't run for president
(DBN)

Republicans Aim for Middle Class in Bid to Control Congress
(DBN)

____________

Tax:

Swiss Bank Leaker from HSBC: 'Money Is Easy to Hide'
(DBN)

____________

Credit Counseling:

Dallas Credit Company “Misled” Consumers, Ordered To Pay $34 Million
(DBN)

____________

Hotels:

Hotels: Occupancy Rate up 4.6%, RevPAR up 9.6% in Latest Survey
(DBN)

____________

Celebs:

Jace: Police Dig Into Shooting of Financially-Troubled Actor's Wife
(DBN)

____________

Private Equity:

Siphoning Value through Captives: Private Equity and Securitization
(DBN)

____________

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 (22 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)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

How a Real Estate Bankruptcy in Georgia Led to One of the Code’s Most Misunderstood Provisions—the Pine Gate Case Revisited, Part Two
(DBN)

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Credit Bidding:

None Too Appealing – District Court Turns Aside Free Lance-Star Publishing Credit Bid Lender
(DBN)

____________

Venue:

Energy Future Judge Rejects Bid to Send Case to Dallas
(DBN)

____________

Property of the Estate:

In Split from Eleventh Circuit, Ninth Circuit Holds That a Tax-Sharing Agreement Constitutes a Debtor-Creditor Relationship
(DBN)

____________

Recent Pleadings:

UST To Creditors: Documents In Your Counsel's Files Are "Within Your Custody Or Control"
(DBN)

______________

Insurance:

FDIC Issues Advisory to Banks About Potential Pitfalls in D&O Coverage
(DBN)

____________

eDiscovery:

Court Rejects Predictive Coding Not Agreed to By Parties
(DBN)

____________

Agriculture:

Woes Mount for Calif. Farmers Amid Drought
(DBN)

____________

Awards:

Greenberg Traurig’s Mark Bloom Elected to International Insolvency Institute
(DBN)

Carl Marks Director C. Scott Chabina Honored By The M&A Advisor as Recipient of the 40 Under 40 Recognition Awards
(DBN)

____________

Fraud:

FBI sets up website for TelexFree victims to file claims
(DBN)

For sale: Designer handbags, fur-trimmed boots and Linda Mastro's pants
(DBN)

Ex-KPMG Partner Who Gave Insider Tips to His Former Golf Buddy Is Going to Talk About Ethics Before He Goes to Prison
(DBN)

Rothstein top partner Stuart Rosenfeldt charged by feds
(DBN)

____________

Weddings:

Brooklyn's Rebar Owner Pleads Not Guilty
(DBN)

____________

Hollywood:

Soundelux Enters Bankruptcy, Seeks Cash
(DBN)

____________

Turnarounds:

Turnaround Professionals Help Launch New York Business Mentoring
(DBN)

____________

Mass Torts:

BP will ask Supreme Court to review Deepwater Horizon settlement ruling
(DBN)

Judge in BP Spill Case Sends Distress Signal to Supreme Court
(DBN)

BP asks appeals court to keep blocking payouts to businesses
(DBN)

____________

Advertising:

Meridian-Chiles files for bankruptcy protection, closes firm
(DBN)

____________

Museums:

SC Declines to Intervene in Autry Museum Dispute
(DBN)

____________

Video Games:

Former 38 Studios Execs Fight To Keep Private Documents Out of Court Case
(DBN)

____________

Cruise Ships:

Independence of the Seas Arrested
(DBN)

____________

Tax:

Determining Foreigners' Insolvency Exception
(DBN)

____________

Education:

City, church top bidder to buy Morris Brown for $14.6 million
(DBN)

How American Universities Turned Into Corporations
(DBN)

For-Profit Education Stocks Are Getting Killed
(DBN)

____________

Food/Beverage:

Busted Allens' liability argued
(DBN)

____________

Hedge Funds:

Executives at failed Connecticut hedge fund plead guilty
(DBN)

Hedge Funds Get Fat on Lehman's Remains
(DBN)

____________

UK:

Insolvency pros face revolution in working practices
(DBN)

UK court orders 13 firms liquidated for carbon credit sales schemes
(DBN)

____________

PIIGS:

Drumm takes to witness stand for second day in Boston --- Drumm admits to 'a lot of errors' in financial statements --- Drumm: I forgot details of $1m in cash given to wife --- Drumm under intense questioning --- Drumm wanted to avoid 'brutal' Irish bankruptcy --- David Drumm's wife to take the stand at US bankruptcy hearing --- Drumm email: It never pays to be co-operative
(DBN)

How Greece pulled back from the brink of plunging Europe into chaos --- Greek sovereign debt rating to be upgraded by Fitch --- Neorion Shipyard Faces Seizure Due to Debts
(DBN)

Urgoiti resigns as Pescanova's chairman
(DBN)

S&P raises Spain credit rating as economy improves
(DBN)

____________

Canada:

Telus Throws in the Towel on Mobilicity; Will a Fourth Player Emerge?
(DBN)

____________

 

 

 

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