May 6, 2014

The Daily Bankruptcy News

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Law:

ABA Joins Battle Over Shuttered Law Firm Profits
(DBN)

Women Partners Still Lag Behind Men in Billing Rates, Management Roles
(DBN)

Billable Hour ‘Shenanigans’ --- Lawyer’s billing ‘shenanigans’ spur law clerk’s letter to columnist
(DBN)

Proof That 'Bigg & Mediocre' Has No Future
(DBN)

D.C. Firms Fall Short of Am Law's 'Super Rich'
(DBN)

The Unbearable Lightness of Being Mid-Size
(DBN)

So You Want to Be an In-house Lawyer
(DBN)

Business of Law
(DBN)

How to Make Summer Associates Love Your Firm
(DBN)

Law School Job Data Shows Wide Gulf Between Elite and the Rest
(DBN)

Texas A&M Law School Gets a Dean
(DBN)

USC Law Dean Steps Down. The First ATL 50 Casualty?
(DBN)

Florida lawmakers pass bill allowing noncitizens who stayed in the US illegally to get law licenses
(DBN)

Stats quantify employment boost for grads of top 50 law schools
(DBN)

Go To A Good Law School Or Don’t Go At All
(DBN)

Fifth Circuit: Fees? Yes. Fees for Fighting for Fees in Bankruptcy? No.
(DBN)

When NOT To Refer That Case
(DBN)

Work-life balance is no longer a top concern of state and local bar members, surveys show
(DBN)

Law students seek license for long-deceased would-be attorney
(DBN)

14 Tactics For Reading People's Body Language
(DBN)

Now There's An App That Lets You Auction Off Your Parking Spot
(DBN)

Law Students Teach Administrative Law — Through Dance!
(DBN)

The Ultimate Cheat Sheet To Becoming A Master Negotiator
(DBN)

Second-Grader Says School Put Him In Handcuffs For Misbehaving
(DBN)

Autistic 13-Year-Old Handcuffed And Thrown In Jail
(DBN)

Former partner in massage-parlor case sees charges concerning 3 claimed victims dropped as trial looms
(DBN)

Islamist leader threatens to sell abducted girls 'as slaves'
(DBN)

At the Office, Keep Your Selfies to Yourself
(DBN)

Resegregating Schools Again 60 Years Later
(DBN)

Law student claims police abuse led to loss of t-------
(DBN)

25-Year-Old Grad Student Found Guilty Of Assaulting Cop At 'Occupy Wall Street,' Faces Up To 7 Years In Prison
(DBN)

A Woman Whose iPhone Was Stolen Went To The Thief's House To Get It Back
(DBN)

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Judges:

Supreme Court upholds prayer at government meetings --- Chief Justice Says 1st Amendment Applies Only To Christians And Other Stupid Stuff --- With the Supreme Court's Help, Religion Creeps Toward the State
(DBN)

Justice Alito Smacks Down Justice Kagan's Dissent In Prayer Case, Calls It 'Highly Imaginative'
(DBN)

Supreme Court misguided if it thinks public prayer isn't coercive
(DBN)

Supreme Court won't rule on carrying guns in public
(DBN)

10 big Supreme Court cases awaiting decisions
(DBN)

Judge: What's a federal trial court like behind the scenes?
(DBN)

Judge Recuses Herself After Questioning Victim
(DBN)

Supreme Court Clerk Hiring Watch: Is October Term 2014 Filled Up? Plus A List Of Top Feeder Judges.
(DBN)

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Wall Street:

US futures edge higher ahead of trade data
(DBN)

Markets Are Higher
(DBN)

Stocks close higher as service sector improves
(DBN)

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Layoffs:

Want to help the long-term unemployed? Try a two-tiered minimum wage.
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Hospital sales are just backdoor tax increases
(DBN)

Fewer in US lack health insurance, but issues remain
(DBN)

Health care’s $85 billion challenge – uncompensated care in the Obamacare age
(DBN)

St. Francis Healthcare System of Hawaii cuts programs, lays off 110 employees
(DBN)

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Aviation:

Will Alitalia CEO charm Etihad at key meeting?
(DBN)

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Fraud:

$351.6M more going to Madoff scam victims
(DBN)

Three charged in Rothstein case all scheduled for guilty pleas
(DBN)

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Education:

The "secret" to why Asian students do so well in school
(DBN)

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Staffing:

Select Staffing Bankruptcy Plan Approved After Five Weeks
(DBN)

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Metals:

NY shredder Roth Steel files for Ch. 7
(DBN)

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Celebs:

'Chrisley Knows Best' Mom Julie Chrisley's Secret Past Revealed? Source Claims 'She's Totally Fake'
(DBN)

'Real Housewives' star Teresa Giudice prevails in mortgage fraud civil suit
(DBN)

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Shipping:

Overseas Shipholding files amended plan; rights offering detailed
(DBN)

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Economy:

A College Education Still Pays For Itself, Fed Economists Say
(DBN)

No job, no house, no kids: Welcome to the millennials
(DBN)

Global Manufacturing Growth Slows To A 6-Month Low
(DBN)

US economy to see faster growth after winter freeze: OECD
(DBN)

U.S. businesses are being destroyed faster than they’re being created
(DBN)

Service sector grows at fastest pace since summer
(DBN)

Nonmanufacturers Rebound in April
(DBN)

Most Americans Make It To The Top 20 Percent (At Least For A While)
(DBN)

Thomas Piketty Is Right --- Krugman: Why We’re in a New Gilded Age
(DBN)

The Happiest Countries in the World
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Govt's Fatally Flawed Fannie Argument: Receivership Vs Conservatorship
(DBN)

Gundlach: 'For The Rest Of My Career We Will Never See 1 Million Housing Starts Again' --- Short The Homebuilders
(DBN)

Q1 2014 GDP Details on Residential and Commercial Real Estate
(DBN)

Existing Home Inventory up 8.6% year-over-year on May 5th
(DBN)

20 million U.S. families could buy homes, but don’t
(DBN)

Construction Employment: Pace of Hiring Increasing
(DBN)

Home Price Gains Are Not Boosting Borrowing
(DBN)

New Foreclosures Fall to Lowest Level Since 2006 --- One in 10 American Borrowers Underwater
(DBN)

Return of 'mansionization' has L.A. homeowners grumbling
(DBN)

August Wilson Center creditor firm on end date of financial support
(DBN)

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Municipalities:

Detroit Files Last Version of Debt-Cutting Plan Before Vote --- Final Disclosure Statement, Plan of Adjustment and Exhibits' --- Judge Approves Plan, Voting Can Begin --- Bankrupt Detroit Cleared to Send Out Ballots to Creditors on Debt-Cutting Plan
(DBN)

Detroit reaches 5-year deals with two police unions --- Health care remains a sticking point
(DBN)

MacMaster hesitant on Detroit bailout
(DBN)

Detroit expects $195 million lump sum from state to help pensions, get city out of bankruptcy
(DBN)

Bond insurers fight for 'survival' in Detroit's bankruptcy
(DBN)

Appellate court remands challenge to EM health care cuts
(DBN)

Don’t Sell the Art: DIA Director speaks to graduates
(DBN)

On the Bankruptcy Reading List: Detroit court consultant’s memoir
(DBN)

Should Jews pack their bags for Detroit?
(DBN)

Fitch: North Las Vegas Faces Same Factors That Led to Harrisburg, Stockton & Detroit Bankruptcies
(DBN)

Court tells judge to take another look at Pontiac cuts
(DBN)

10 Richest Small Cities in America
(DBN)

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Retailing:

 

Target CEO out as data breach fallout goes on --- Target Ousts CEO -- Here's What It Must Do To Get Back On Track --- Here's How Much Money Target's CEO Will Be Leaving With
(DBN)

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Tax:

Credit Suisse Said Near U.S. Tax Deal for Over $1 Billion
(DBN)

Buffett says Congress may look at tax-driven mergers
(DBN)

U.S. Will Ease Enforcement of Tax-Evasion Law for 2014, 2015
(DBN)

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Autos:

GM Recall Law Firms Beasley Allen, Cooper Join in Litigation
(DBN)

Economic loss is focus of Bankruptcy Court proceeding related to GM recall
(DBN)

Can `New’ GM Separate From `Old’ GM’s Recalls?
(DBN)

Fisker creditors want a repayment do-over
(DBN)

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Coal:

James River Coal Creditors Call Bankruptcy Loan Fees Excessive
(DBN)

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Personal Finance:

8 Major Reasons You're Failing Personal Finance 101
(DBN)

11 Ways To Save As Much As $100 A Month
(DBN)

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Currency:

Mighty Ducks child star wants to buy defunct Bitcoin exchange Mt. Gox for 1 Bitcoin
(DBN)

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Telecoms:

LightSquared closing arguments begin with referendum on Ergen
(DBN)

Dish's Ergen Objects to LightSquared's Reorganization Plan
(DBN)

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Alternative Energy:

Fuel-cell Makers Catching Fire on Bankruptcy News
(DBN)

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Small Business:

Then There's the Real Minimum Wage: Zero
(DBN)

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Mass Torts:

BP cries foul, says crafty lawyers and claimants collected $500M in comp unrelated to oil spill
(DBN)

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Corporate Reform:

Mary Jo White Doesn't Scare Anybody
(DBN)

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Student Debt:

Student loans next on Dems' 'Fair Shot' agenda
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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:

April Bankruptcy Filings Decline 13 percent
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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DIP Finance:

Oregon Bankruptcy Court Denies Administrative Priority Status to Potential DIP Lender for Breakup Fee Claim
(DBN)

Cahill’s Ezring advises financing sources on Cengage’s Chapter 11 exit
(DBN)

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Safe Harbors:

How Safe Is the Section 546(e) Safe Harbor? Part II: Financial Intermediaries and Financial Institutions
(DBN)

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Avoidance Actions:

Anadarko Posts Big Loss On Tronox Settlement
(DBN)

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New: Take Our Credit Bid Survey

Recent Pleadings:

 

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TBTF:

Holder on banks: 'Too big to jail' doesn't apply --- Holder Says Agencies Progressing Toward Criminal Charges Against Banks
(DBN)

Banks Being Forced To Plead Guilty To Criminal Charges: Will They Survive?
(DBN)

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Insurance:

House Republicans Face Battle Over Terror Insurance - Insurance Companies Fear "Overnight Insolvency"
(DBN)

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Electricity:

Restructuring Watchlist - EFH Moves Off, In Largest Default (But Not Credit Loss) On Record
(DBN)

EFH unit plans $9B in debt to help pay senior creditors
(DBN)

Lasry’s Credit Cabal Gets Top Energy Future Gem
(DBN)

Fitch Affirms Oncor's IDR at 'BBB'; Outlook Stable
(DBN)

Enron-style price gouging is making a comeback
(DBN)

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Food/Beverage:

Banah emerges from Chapter 11 with new name, CEO
(DBN)

A Growing Number Of US Restaurants Are Forgoing Tips And Paying Servers More
(DBN)

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Lehman:

CalPERS recovers $12.75 million in lawsuit over collapse of Lehman Brothers
(DBN)

The Lehman Brothers Ethos Fades at Barclays
(DBN)

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Recycling:

Judge Approves Sale Of Abandoned Hazelwood Recycling Company
(DBN)

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UK:

UK services PMI jumps as jobs growth hits record
(DBN)

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EU:

EU expects recovery to lower unemployment faster
(DBN)

Europe Is Back
(DBN)

Creditors back for 4th Cyprus bailout review
(DBN)

Draghi Grapples With Money Markets Showing Revival Too Soon
(DBN)

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PIIGS:

Spain's services grow at fastest since crisis
(DBN)

Italy service sector PMI returns to growth in April: Poll
(DBN)

Bailout Is Over for Portugal, but Side Effects Will Linger
(DBN)

Differing accounts of former Anglo chief David Drumm’s marriage
(DBN)

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Germany:

German private sector expands in April as orders flow in: PMI
(DBN)

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China:

China’s Property Bubble Has Already Popped, Report Says
(DBN)

China wakes up to growing pension problem
(DBN)

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MENA:

UAE insolvency ratio lower than in Western Europe
(DBN)

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Brazil:

Eike Batista Donates Homes Worth and Estimated US$ 22 Million to his Children
(DBN)

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Australia:

ASIC begins fresh push to oust liquidator of controversial Walton Construction bankruptcy
(DBN)

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Ukraine:

The US Will Deploy An Economic Weapon On Russia That Could Hurt More Than Sanctions --- Heavy Fighting Breaks Out in Slovyansk --- Moldova puts borders on alert --- Top NATO Commander: Putin Can Achieve His Goals Without Regular Troops In Ukraine
(DBN)

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India:

Rising bad loans threaten India's gradual economic recovery - OECD
(DBN)

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Croatia:

Croatian Finance Minister Linic sacked over bankruptcy deal
(DBN)

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