May 29, 2014

The Daily Bankruptcy News

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Law:

The Examiners on GM’s Liability: Mark Roe --- J. Scott Victor
(DBN)

Ex-Howrey Partners Agree to Pay Up
(DBN)

Two Patton Boggs partners contributed $3.5m to keep firm afloat
(DBN)

Judge Wants Chapter 11 for Jacoby & Meyers Bankruptcy --- Jacoby & Meyers Bankruptcy liquidation stays alive
(DBN)

It's Now or Never to Amend Claims, Dewey Trustee Told
(DBN)

Law partner won’t be disciplined over attorney’s $5.9M theft from their firm
(DBN)

Welcome, 2014 Summer Associates! (Plus The 4 Types Of People Who Get No-Offered)
(DBN)

Business of Law
(DBN)

Crossing The Rubicon Of Full-Time Document Review Work
(DBN)

Law degree not a sure job ticket for grads
(DBN)

Women Lawyers: It's Time to Force the Fix
(DBN)

The Chicago Office: A Bright Star In Jones Day's Firmament
(DBN)

BBJ report: Jobs in legal industry on decline
(DBN)

How One Law Firm Maintains Gender Balance
(DBN)

Tales From The Crypt: Terrifying Law School And Law Firm Horror Stories
(DBN)

How Easy Is It To Fake Out LSAC? On The LSAT And Accommodations For Learning Disabilities
(DBN)

Top corporate lawyer suspended for comments that led to ‘Scud Stud a Dud’ election article
(DBN)

Cops: Daughter Dumps Mom, 73, From Wheelchair... Says pushed off curb
(DBN)

Law student’s anti-Semitic Facebook post
(DBN)

Pro Tip For Lawyers: Don’t Threaten To ‘A----- R---’ Adversary
(DBN)

Ex-law library chief, accused of offering workers stolen perks in lieu of raises, pleads guilty
(DBN)

Former football star Aaron Hernandez killed 2 strangers over a spilled drink, prosecutor says
(DBN)

Son sues dad for identity fraud, seeks over $1M in damages
(DBN)

Where Does Shaq Want To Go To Law School?
(DBN)

Snowden: I Was Trained as a Spy --- Snowden Attorney Negotiating with US
(DBN)

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Judges:

Pregnant Woman Stoned In Death In “Honor Killing” in Broad Daylight In Front of High Court
(DBN)

The Last Traffic Court Still Has Some Left in the Tank
(DBN)

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Wall Street:

US futures hold steady ahead of data; Dow Jones up 0.07%
(DBN)

World stocks lackluster ahead of US growth update
(DBN)

Stock market pulls back as bond rally continues to surprise
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mass Torts:

Former Del. judge pens article, urges asbestos judges to read Garlock decision
(DBN)

Hodges grants motion to adjourn bar date request in Garlock case
(DBN)

Appeals courts denies BP's request to keep claims payments on hold
(DBN)

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Celebs:

Teresa Giudice Jail 2014: 'Real Housewives' Star 'Panicking' About Filming Reunion After Sentencing?
(DBN)

Teresa Giudice makes the most of her freedom ahead of July fraud hearing
(DBN)

John McTiernan's Prison Nightmare: 'Die Hard' Director Fights Foreclosure as He Plots Comeback
(DBN)

Burt Reynolds foreclosure lawsuit proceeds
(DBN)

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Electricity:

'Poster child' coal generator embodies pollution challenge
(DBN)

Power industry braced for US carbon rules
(DBN)

Barclays Downgrades Utilities On Solar Threat --- The Real Threat to the Electric Power Grid Is Not Terrorism
(DBN)

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Coal:

More Bankruptcies Coming for Top Coal Stocks?
(DBN)

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Compensation:

Most Startup Founders Pay Themselves This Totally Reasonable Salary
(DBN)

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Retailing:

Most of Target's board should go, proxy advisor recommends
(DBN)

Shoe seller loses over a quarter of its value
(DBN)

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Environmental:

Anadarko’s $5 Billion Pollution Settlement Wins Approval
(DBN)

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Healthcare:

Queen of the Valley to cut about 10 percent of workforce
(DBN)

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Book Reviews:

Jennifer Taub's Other People's Houses
(DBN)

A Taxonomy of Firms
(DBN)

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Economy:

Fed's Lockhart sees growth rebound, no rush to raise rates
(DBN)

US Bonds Gain for 5th Month Amid ECB Stimulus Bets
(DBN)

How an Order for 10 Submarines Led to Misleading News on the Economy
(DBN)

Deck is stacked against millennials
(DBN)

Trucks Are Saving the American Economy
(DBN)

The History Of The Global Economy Since 1,000,000 B.C.
(DBN)

Where Each State's Immigrant Populations Come From
(DBN)

ATA Trucking Index increased in April
(DBN)

Want to spot the next bubble? Look at where Harvard grads work.
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Average 30 Year Fixed Mortgage Rates decline to 4.08%
(DBN)

Freddie Mac: Many of the nation’s housing markets are stalling
(DBN)

Zillow: Case-Shiller House Price Index expected to slow slightly year-over-year in April
(DBN)

Toll Brothers profit doubles as homebuilder cashes in higher prices
(DBN)

Homebuilder CEO: We're Only In The Early Stages Of The Housing Recovery
(DBN)

Mortgage Rates Fell, Purchase Applications Fell, Refinancings Fell
(DBN)

Judge's ruling puts Wacker Drive tower back in limbo
(DBN)

The Strike Force That Never Struck
(DBN)

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Municipalities:

Bankruptcy judge scolds Duggan, calls any plan to fire law firm a 'bad idea'
(DBN)

Thousands of Detroit bankruptcy ballots inaccurate, will require revote
(DBN)

Bankruptcy expert needs more time to study Detroit's debt-cutting plan
(DBN)

Judge: Teen can sue Charles Pugh, not Detroit, over alleged conduct
(DBN)

Why The Grand Bargain Could Devolve Into The Grand Bummer
(DBN)

Arts groups call to action: Tell senators to oppose bill that would prevent DIA millage renewal
(DBN)

Detroit bankruptcy team trying to put price tag on entire DIA collection
(DBN)

For Michigan taxpayers, a Detroit bailout done right
(DBN)

Snyder's stance on Detroit water department plan riles suburbs
(DBN)

Can Detroit Keep Empty Lots From Becoming Eyesores Again?
(DBN)

Former state Treasurer takes job with restructuring firm in Birmingham
(DBN)

State Retiree Benefits Would Be Disclosed Under New Rule
(DBN)

Pension Promise Broken by Christie Affirmed Across U.S.
(DBN)

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Banking:

U.S. bank earnings fall on weak mortgage revenue in first-quarter 2014: FDIC
(DBN)

Big Profit Engines for Banks Falter
(DBN)

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Autos:

Why Didn't Stalled General Motors Cars Trigger Recall?
(DBN)

Inside New CEO Mary Barra's Urgent Mission To Fix GM
(DBN)

GM Engineer Talks to Investigators --- GM Engineer Reportedly Forgot To Change A Defective Switch In Cars That Were Later Recalled
(DBN)

Location of GM ignition suit litigation to be decided by US panel
(DBN)

GM Ignition Suit Lawyers Drive for California Courthouse
(DBN)

Q&A: GM CEO Mary Barra On Crisis Management, Culture
(DBN)

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Food/Beverage:

Hellwig says he can't remember details about Northern Beef
(DBN)

Bankruptcy Trustee Files Motion to Sell Brennan's Trade Name
(DBN)

South Dakota contractor seeks $2.1M from failed beef packing plant in ongoing bankruptcy trial
(DBN)

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Batteries:

Federal Government Finally Joins the Fray at Polluting Exide Battery Plant in L.A. County
(DBN)

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Student Debt:

Government Sued Over Student Debt Collector Data
(DBN)

Why student debt matters: Q&A with Elizabeth Warren
(DBN)

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Corporate Governance:

Delaware Legislative Revision Proposed to Restrict Fee-Shifting Bylaws
(DBN)

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Privacy:

Beleaguered ConnectEDU Faces Data Decision in Bankruptcy Efforts
(DBN)

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Education:

Efforts to Curb College Costs Face Resistance
(DBN)

Colleges are getting millions to steer students toward certain banks
(DBN)

Objections filed against Morris Brown land sale
(DBN)

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New Bankruptcy Opinions
(_1_ new opinion 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)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Recharacterization:

Delaware Bankruptcy Court Denies Derivative Standing to Creditor Seeking Recharacterization
(DBN)

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Valuation:

Always Sunny In Adelphia – Bankruptcy Court Rejects DCF with Unreliable Projections, Drops Some Valuation Knowledge
(DBN)

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Plan Confirmation:

Double Whammy: Sixth Circuit Upholds Absolute Priority Rule in Individual Chapter 11
(DBN)

U.S. District Court Reaffirms Distressed Debt Funds Not Eligible Assignees under Loan Agreement
(DBN)

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Bankruptcy Bonuses:

James River Seeks to Pay Executives Up to $2.7 Million in Bonuses
(DBN)

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Litigation:

Sci-Fi Becomes Reality: Discovery From Cars, Retailers and the Deep Web
(DBN)

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Fraud:

TelexFree Reaching Out to Investors, Creditors
(DBN)

Rothstein's ex-partner Stuart Rosenfeldt appears in court on conspiracy charge
(DBN)

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Currency:

Mt. Gox Bankruptcy Saga Continues: Tibanne Looks to Sell Trademarks and Judge Rejects Coinlab's Complaints
(DBN)

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Distressed Investing:

Betting on bankruptcies
(DBN)

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Video Games:

State Legal Fees for 38 Studios Near $1M
(DBN)

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Telecoms:

Nortel European Units Seek Slice of Cash for Past Work
(DBN)

LightSquared headed to mediation after deal eludes the parties --- LightSquared dispute may be resolved by a global restructuring through mediation
(DBN)

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Religion:

Nuns' request to bring diocese to court denied
(DBN)

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Bankruptcy Crimes:

Iowa man pleads guilty to bankruptcy fraud
(DBN)

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Tax:

Tax Fraud: UBS Banker Avoids Prison
(DBN)

US tax investigators expect to pursue tax evaders worldwide
(DBN)

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Shipping:

Bankruptcy: Genco Shipping plan hearing delayed to June 12; end seen on June 24
(DBN)

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UK:

Companies increasingly using trade credit insurance
(DBN)

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EU:

Investor greed putting financial stability at risk, warns ECB
(DBN)

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PIIGS:

IMF’s dual formula for Spanish SMEs: debt haircut & lower wages --- Spain Trims GDP Growth Estimate
(DBN)

Pescanova’s Spanish subsidiaries will not be subject to creditors’ meeting
(DBN)

David Drumm's wife Lorraine arrives in court for final day --- David Drumm asked lawyers to remove references to a Mercedes car and private school fees from bankruptcy papers, court told --- Drumm's wife began 'imagining life without ex-Anglo chief' --- Drumm wife wanted own money because she 'feared he would die'
(DBN)

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Canada:

Trade in your Ford for a Benz?
(DBN)

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South Korea:

Prosecution moves to seize Sewol owner family's assets
(DBN)

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Ukraine:

Ukrainian Jets Circle Donetsk as Rebels Regroup After Rout --- Russia Urges Emergency Steps on Ukraine Amid Rebel Losses
(DBN)

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Australia:

Vincent Aviation collapse: Communities, industries assess fallout
(DBN)

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